Manages project budgets - Study guides, Class notes & Summaries

WV LICENSING Exam with Complete Solutions Construction projects are defined by which three factors? - Answer -1. Scope 2. Budget 3. Schedule In a traditional design/bid/build (D/B/B) project, a project's life cycle will begin with what? - Answer - D/B/B BEGINS WITH THE INITIATION OF PLANNING AND DESIGN What are the major duties of Construction Manager? - Answer -CONSTRUCTION MGR (CM) AKA CONSTRUCTION PROJECT MANAGER (CPM) : PLANS - DIRECTS - BUDGETS - MANAGES PROJECT COMPARE THE ENGINE...

CAPM Practice Exam 150 Questions & Answers 2023/2024. 1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: 3. In which project lifecycle phase would you expect to have the greatest influence on overall ...

Defense Acquisition Course -ACQ 101 Module Six Study Guide Exam Questions 2024. Work Breakdown Structure (WBS) - correct answer A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables. The DoD uses this specific format to organize the breakdown of work into small areas and parts WBS Product-Oriented Family Tree - correct answer composed of: -Hardware -Software -Services -Data...

MNC Exam Questions & Answers 2024-25 Liability - ANSWERS3rd party is affected by joint ventures, all parties involved in the joint venture are equally liable Rights of a Joint Venturer - ANSWERS-Equal control, influence and power over the project or transaction. Contract can give one party complete contract, equal ownership of product Multinational corporation - ANSWERSHas facilities and other assets in at least one country other than its home. Such companies have offices and or factori...

CISA Study Guide Exam 427 Questions with Verified Answers Most important step in risk analysis is to identify a. Competitors b. controls c. vulnerabilities d. liabilities - CORRECT ANSWER c. vulnerabilities In a risk based audit planning, an IS auditor's first step is to identify: a. responsibilities of stakeholders b. high-risk areas within the organization c. cost centre d. profit centre - CORRECT ANSWER b. high-risk areas within the organization When developing a risk-...

1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: 3. In which project lifecycle phase would you expect to have the greatest influence on overall project cost? 4. Requirement is - 5. TQM is - 6. Which describes ...

Product Management is responsible for "what gets built" as defined by the Vision, Roadmap, and what else? A) Program Backlog B) Customers C) Key Stakeholders D) PI Planning Program Backlog Which activity happens in the Inspect and Adapt Workshop? A) A retrospective of the iteration B) Planning the next PI C) A demo of the integrated system D) Refreshing the Program Backlog A demo of the integrated system When is the system demo conducted during program execution? A) At the end of ...

INCOSE 5 Technical Management processes - correct answers are used to establish and evolve plans, to assess actual achievement and progress against the plans and to control execution through to fulfillment. SEMP - correct answers Organization of the project and how SE interfaces with the other parts of the organization Responsibilities and authority of the key positions Clear system boundaries and scope of the project Approach and methods used for planning and executing the technical pr...

Chapter 3 - Organizational Capability: Structure, Culture and Roles TRUE/FALSE 1. In a functional organization, staff are grouped by areas of specialization and managed by a person with expertise in that area. ANS: T DIF: Easy REF: P. 54 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Knowledge 2. In a projectized organization the functional manager has the most control. ANS: F DIF: Moderate REF: P. 55 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Co...

Chapter 3 - Organizational Capability: Structure, Culture and Roles TRUE/FALSE 1. In a functional organization, staff are grouped by areas of specialization and managed by a person with expertise in that area. ANS: T DIF: Easy REF: P. 54 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Knowledge 2. In a projectized organization the functional manager has the most control. ANS: F DIF: Moderate REF: P. 55 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Co...