Wbs work packages are - Study guides, Class notes & Summaries

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved changes to the ...

SHRM-CP Exam 361 Questions with Verified Answers 2022 SHRM - CORRECT ANSWER Society for Human Resource Management What is Business Acumen? - CORRECT ANSWER How an Organization decides to deal with a business situation to drive the best outcomes. -knowledge of the most profitable aspects of the business -understanding of cash flow and the current market situation -thorough understanding of the respective business niche Significance of Business Acumen - CORRECT ANSWER -helps HR bring m...

CAPM Practice 172 Questions with Verified Answers Which of the following is a tool or technique used in the monitor communications process? - CORRECT ANSWER interpersonal and team skills what is the definition of work package? - CORRECT ANSWER the work defined at the lowest level of the work breakdown structure or which cost and duration are estimated and managed what is the best definition of project quality management? - CORRECT ANSWER the process of incorporating the organization's ...

The WBS is a ____________ grouping of project components - Answer-Product - oriented The WBS defines - Answer-work in terms of deliverables, and the decomposition of these deliverables into components WBS does not define - Answer-Sequence Duration Resources WBS levels - Answer-Are completely described in further detail by the level below it The work package activities that are defined by the WBS must be - Answer-Manageable Independent Measurable Work packages are defined by - ...

ITPM HF-Fragen Exam Questions And Answers Graded A+ Figure out the impact on the scope of the work and the cost before you write up the change request A team member approaches you with a change that could cut your schedule down by a month. What is the first thing you should do? A. Make the change; it's going to save time and nobody will want the project to take longer than it should. B. Write up a change request and see if you can get it approved. C. Tell the team member that you've alrea...

CAPM Practice Exam 260 Questions with Verified Answers 3 things that describe role of a PM ?? - CORRECT ANSWER 1. responsible for the final result of the team 2. need to integrate multiple disciplines 3. communicate with team Cost Management Plan has these 3 characteristics - CORRECT ANSWER 1. describes how project costs will be planned, structured, & controlled 2. may specify level of precision, degree to which activity cost estimates will be rounded up or down 3. may specify varia...

(1) Functional Organisation Structure - correct answer - Functional teams - Primarily BAU/Deparmental Projects - Common for orgs providing std products (e.g. manuf.) (1) Functional Organisation Structure Advantages - correct answer - Staff gain technical expertise - Good functional problem solving - Peer learning straight forward - Job Security - Clear career progression (1) Functional Organisation Structure Disadvantages - correct answer - Corporate projects become difficult due to ...

GFEBS L230E Cost Management Process Overview 100% Solved Direct Cost - Answer ️️ -A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost - Answer ️️ -A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative e...

ERP SAP 200 Questions with Verified Answers SAP ERP includes the following (2 are correct) a. SAP Customer Relationship Management b. SAP Supply Chain Management c. SAP NetWeaver d. SAP ECC Core - CORRECT ANSWER c. SAP NetWeaver d. SAP ECC Core The new capabilities included in an enhancement package focus on which of the following areas: (2 are correct) a. Simplification b. Extendibility c. Functionality d. Technical Delivery - CORRECT ANSWER a. Simplification c. Funt...

CAPM Practice Test 100 Questions with Verified Answers When is the Plan Risk Management process performed in a project? - CORRECT ANSWER Once or at predefined points in a project. Understanding, evaluating, defining, and managing requirements are essential to satisfying: - CORRECT ANSWER Customer satisfaction Projects are undertaken to fulfill objectives by: - CORRECT ANSWER Producing deliverables Which of the following is an input to the sequence activities process? A. Cost baselin...