16.) What is a misunderstanding that can be clarified by aflowchart? A.apparent inaction on the part of
Question:
16.) What is a misunderstanding that can be clarified by aflowchart?
A.apparent inaction on the part of the project team
B.lack of payment from the client
C.late delivery of supplies
D.increased insurance premiums
17.)Which of the following is a benefit to using a Monte Carlosimulation to determine the likelihood of a project completiondate?
A. It makes it nearly impossible for projects to be completedlate.
B.)It forces the project manager to realistically evaluatecritical tasks’ duration.
C.)It is easy to use, since all projects use the sameassumptions.
D.)It provides the client with a better understanding of how theproject will be completed.
18.) To assist project managers with determining and evaluatingpotential risk, the project management body of knowledge (PMBOK)identifies ________ processes.
A.four
B.ten
C.twelve
D. six
20.) Many project managers create a flowchart before creatinga
A. budget.
B. Gantt chart.
C. scope of work.
D. PERT.
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston