Use the 3-T approach in your presentation which includes all the following except

A

tell them what you told them.

B

tell them

C

tell them what you are going to tell them

D

thank them for coming to the presentation.

A financial related activity that must be performed during the closing phase is assuring that

A

the quarterly payments are invoiced.

B

all payments have been collected from the customer.

C

total budgeted costs are calculated

D

the personnel responsible for financial work is identified.

Once all payments have been received and made, the project books, or accounting records, can be closed, and a financial analysis of the project can be made in which final actual costs are compared to

A

the actual value of the project.

B

the FCAC calculations made.

C

amounts paid to suppliers.

D

the project baseline budget.

Project prices and budgets should include ____ to pay for additional costs associated with implementing response plans.

A

extra overhead

B

expenses for other charges in the office to help

C

a padded budget

D

a contingency or management reserve