1. Give four (4) examples of resources used in a project. 4 points

1. At a minimum, network diagrams illustrate the __________constraints among activities. However, when limited resources are available, the network diagram can be drawn to also reflect ______constraints. 2 points

1. Resource leveling attempts to __________________________________________________ 2 points

1. How does resource-limited scheduling help keep a project on schedule? 2 points

1. What are four (4) elements (of the 7) that can be considered in an estimated cost of an activity? 4 points

1. Why is it necessary to develop a baseline budget for a project? 3 points

1. Define the following terms: 5 points
   1. Total budgeted cost (TBC)

1. Cumulative budgeted cost (CBC)

1. actual cost

1. committed cost

1. earned value

1. What are the headings of the columns of a risk assessment matrix. 7 points

1. Describe the 5 typical actions taken to close a project. 5 points

1. Why should you discuss lessons learned when you close a project? 2 points

1. Why is verbal and written communication important to project success? 1 point

1. What is the difference between progress reports and the final report of the project? 2 points

1. Fill in the following chart: 9 points

	Description	Advantage (one per structure)	Disadvantage (one per structure)
Functional structure
Autonomous project structure
Matrix structure

Answer rating: 100% (QA)

Examples of resources used in a project 1 Human resources such as project managers team members and stakeholders 2 Financial resources including budget allocation funding and financial assets 3 Physic... View the full answer