Question: multable chois Using historical data to estimate a project cost is : a. Definitive estimates. b. Feasibility estimates. c. Comparative estimates. d. Ballpark estimates. Divide

multable chois Using historical data to estimate a project cost is : a. Definitive estimates. b. Feasibility estimates. c. Comparative estimates. d. Ballpark estimates.

Divide the EV by the PV you will get the:

a.

Budget efficiency index.

b.

Cost performance index.

c.

Budgeted cost at completion index.

d.

Schedule performance index.

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Question text

Creating a budget from work breakdown structure and costs for each work package, and then adding these costs together is:

a.

Top-down budgeting.

b.

Bottom-up budgeting.

c.

Zero-based budgeting.

d.

Activity-based budgeting.

Expedited cost and crashing have the same meaning in the project management .

a.

TRUE

b.

False

Which of these is typically a recurring cost for one year project ?

a.

annual office rental

b.

salary of project guard

c.

Training

d.

Market analysis

For large projects, network diagrams are more useful if they are completely detailed.

a.

False

b.

True

Which of the following is a fixed cost :

a.

Equipment leasing .

b.

labor wages .

c.

power and communication costs .

d.

Materials.

A Gantt chart:

a.

Identifies key points in the project's progress.

b.

Identifies the stage of completion for each task.

c.

Identifies the performance to budget for the overall project by a certain date.

d.

Monitors costs and budget expenditures.

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