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It is much more expensive to make major changes to a project during…

It is much more expensive to make major changes to a project during the earlier phases. Question 1 options: True False 

 

Question 2 (4 points) Saved There are two approaches to establishing the total budgeted cost for each work package: Question 2 options: committed and actual. horizontal and vertical. aggregated and disaggregated. top-down and bottom-up. 

 

Question 3 (4 points) Saved The project cost estimate is allocated to Question 3 options: the stakeholders the committed costs in the project. the various work packages in the project work breakdown structure. the resources in the project. 

 

Question 4 (4 points) Saved Contingency costs in the project costs estimate, also referred to as ____, are to cover unexpected situations that may come up during the project, such as items that may have been overlooked when the initial project scope was defined, activities that may have to be redone because they may not work the first time (redesigns), or a high probability or high impact risk that may occur. Question 4 options: reserves capital funds auxiliary funds withholding 

 

Question 5 (4 points) Saved In a _____ organizational structure, personnel often report to both a functional manager and one or more project managers Question 5 options: project matrix symbolic functional Question 6 (4 points) Saved The success of the project 

 

Question 6 options: requires the stakeholders to work on each deliverable. is guaranteed if all the tasks are finished on time and within budget. is defined by the project objective and the expected benefits. is best achieved with scope creep. 

 

Question 7 (4 points) Saved Leadership style has no impact on the success of virtual teams. Question 7 options: True False 

 

Question 8 (4 points) Saved If two people are assigned primary responsibility of an activity, Question 8 options: the activity will take half the duration time planned for the activity. there is no need for additional support responsibility. the risk is increased that the task will not be completed on time because of confusion. the first person listed in the project management information system knows to do the work. 

 

Question 9 (4 points) Saved In most cases, eliminating negative slack by reducing durations of activities will involve a trade-off in the form of an increase in ____ or a reduction in ____. Question 9 options: costs, scope scope, production hours production hours, budget scope, costs 

 

Question 10 (4 points) Saved The total project cost is often estimated during the ____ phase of the project or when the project charter or a proposal is prepared Question 10 options: initiating performing closing planning