Question 1 (2 points) There are 5 steps involved when defining a project. Which of the followings is the first step? Assign team members to work on the project Determine the required completion date Establish project priorities Define the project scope Verify the budget available Question 2 12 points The ....... is used to assist in making project trade-offs between schedule. budget and performance activities. Work breakdown structure Responsibility matrix Work package Criterion matrix Project priority matrix Question 3 (2 points) The tendency for the project deliverables to expand over time, usually by changing requirements, specifications and priorities, is called scope erosion project add-ons project bloat scope enhancement scope creep Question 4 (2 points) Which of the followings would best represent direct project costs? only equipment only materials both labour and materials labour, materials and equipment only labour Question 5 12 points) Reasons why estimating time and cost are important include all of the followings EXCEPT To schedule work To determine how long the project should take and cost To determine how well the project is progressing To develop cash flow needs To help establish a project selection process Question 6 (2 points) Bill is building a project network that involves testing a prototype. He must design the prototype (activity 1), build the prototype (activity 2), and the test the prototype (activity 3). Activity 1 is the predecessor for activity 2, and activity 2 is the predecessor for activity 3. If the prototype fails testing, Bill must redesign the prototype: therefore, activity 3 is a predecessor for activity 1. This is an example of: conditional statements having more than one start node looping good network development