Wbs - Study guides, Class notes & Summaries

What is a project definition? - The project definition contains data used for the entire project. It contains default values which can be passed on to the WBS elements, or influence them, such as: Project Profile Project Control values (e.g., user status profile) Organizational data Planning parameters Settlement Rules Unique Project Number The Project Profile is often called the "DNA" of a PS project; it determines many attributes of the project. The Project Profile cannot be changed...

WBS Dictionary correct answers A document that provides a description of each component - who is responsible for development - statement of work (SOW) - important milestones - estimate of costs and required resources Resource Scheduling correct answers A collection of techniques used to calculate the resources required to deliver the work and when they will be required. 1. create a network activity diagram first 2. adjust according to resource availability Duration correct ans...

Project Management WGU C722, Full Exam Review. Latest Update. VERIFIED. Purpose of WBS -the steps you will need to take in order to meet the expectations of stakeholders and the deliverable in the project and product scope, it organizes the team, * a methodical deconstruction of deliverables into activities and then tasks to be performed, it begins to bring clarity to the team and organization for completing the planning phased and preparing for the execution phase. -it is often used...

CAPM Domain 1 Questions and Answers 100% Pass What is a project in project management? A project is a temporary endeavor undertaken to create a unique product, service, or result. What are the primary constraints of a project? The primary constraints are scope, time, cost, quality, and resources. What is the purpose of a project charter? The project charter formally authorizes the existence of a project and provides the project manager with the authority to use resources. What...

GFEBS Project Systems Course Exam Questions and Answers What is a project definition? - Answer- The project definition contains data used for the entire project. It contains default values which can be passed on to the WBS elements, or influence them, such as: Project Profile Project Control values (e.g., user status profile) Organizational data Planning parameters Settlement Rules Unique Project Number The Project Profile is often called the "DNA" of a PS project; it determines man...

XACTIMATE LEVEL 2 CERTIFICATION EXAM ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS / ALREADY GRADED A+ __________ are those additional activities, such as labor or material assumption, which may be required to complete a task. - CORRECT ANSWER--Supporting Events After clicking to place the first step when using the staircase tool, what does the red measurement indicate? - CORRECT ANSWER--The total rise of the staircase. After selecting more than ____ images per page to p...

UCF MAN 4583 Exam 2 Latest Update Already Passed Project Budget A realistic estimate of the cost to complete the project work Estimate too high; the project could be canceled Estimate too low; the project will cost more and don't deliver The Cost target you aim for as you manage a project Labor Cost What you paid people to work on the project Vendors Contractors Employees Burdened Cost For employees Salary Benefits May get the rates from accounting or HR departm...

(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 d...

What is a project definition? - The project definition contains data used for the entire project. It contains default values which can be passed on to the WBS elements, or influence them, such as: Project Profile Project Control values (e.g., user status profile) Organizational data Planning parameters Settlement Rules Unique Project Number The Project Profile is often called the "DNA" of a PS project; it determines many attributes of the project. The Project Profile cannot be changed...

GFEBS L432E Cost Collection and Allocation 100% correct answersWhat are the attributes of a cost center - correct answer All of the above. Cost Collection and Allocation are key components of Cost Management because they - correct answer Link fund expenditure data with functional and operational data. The first step in the Cost Management process is to - correct answer Create Master Data Elements Internal orders are cost collectors used to plan, collect, monitor, and settle the costs of...