Question: ( 3 . The project budget is based on a . how well the project manager can use accounting software. Q . the estimated costs

(3. The project budget is based on
a. how well the project manager can use accounting software.
Q. the estimated costs associated with the quantities of resources to be used
Q. the actual costs of the resources used for the project.
d. the costs to do the resources before any indirect costs.
4. Costs for resources on a project could include all the following except
a. fees for subcontractors to perform project tasks
b. salaries of people who will work on the project
c. rental of facilities
d. Costs for equipment that extends beyond the project time
5. A ___ plan must be developed that identifies and assesses potential risks, determines the likelihood of occurrence and potential impacts of risks, and delineates responses for dealing with risks
a. risk development
b. risk management
6. risk mitigation
C. risk avoidance
6. If actual progress falls behind planned progress or unexpected events occur, the project manager
a. watches to see what happens
b. takes immediate action.
c. alerts the sponsor and asks for more funds.
d. has an immediate meeting with the project stakeholders.
7. People are not born with the skills needed to be effective project managers; rather a. they are assigned the task even if not have the skills.
b. they are given the skills.
c. they develop those skills.
d. they are innate.
8. There to develop the skills necessary to be an effective project manager
a. are various ways
b. are limited ways
c. is only one way
d. are no ways
 (3. The project budget is based on a. how well the

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