11 What do the project phases (defining planrang, executing and desing) help project managers conceptuaze The project customer's financial status o How the project will be maintained once completed The type of work that occurs Each project team member's daily duties TIME LEFT: 00:42:34 8 A firm with many ongoing projects deploys an organizational structure where the project manager defines what needs to be accomplished and establishes the project plan, schedule, and budget. Additionally, functional manager determines how the project will be accomplished by assigning personnel and executes plans in accordance with the standards set by the project manager Which type of organizational structure is this firm using? Balanced matrix organizational structure o Functional (departmentalized) organizational structure Strong matrix organizational structure Weak matrix organizational structure For a project in which the project's scope exceeds the project's allocated budget, a close examination of the WBS reveals that the scope can be reduced without adversely affecting the deliverable's value at delivery to the user What are two possible causes that would justify such a conclusion? Choose 2 answers Fast-tracking the schedule would reduce the risk that inspections will be required. The users asked for more scope than what was required to meet the business need, Collected requirements were not evaluated for causing or adding value to the deliverable. Crashing the project's scope reduced the value of conformance work. The scope variance would be reset to zero, and the schedule variance would become favorable