Question: When selecting a project, you should take into account all of the following except: ( a ) Sunk cost ( b ) Net present value

When selecting a project, you should take into account all of the following
except:
(a) Sunk cost
(b) Net present value
(c) Opportunity cost
2. In cost monitoring, the s-curve depicts the relation between:
(a) Schedule completion and time
(b) Cumulative value and time
(c) Schedule completion and value resources
3. As project manager, you have identified the stakeholders on your project.
What should you do next?
(a) Create the Project Management Plan
(b) Create the Communication Management Plan
(c) Create the Stakeholder Register
4. Quality audits:
(a) Are unnecessary if you do it right the first time
(b) Must be performed daily for each process
(c) Are necessary for validation that the quality policy is being followed and
adhered to
5. A drivers license is required by law before an individual can drive a car.
Similarly, the project manager requires a ____________ document in order
to plan, execute and control a project.
(a) Scope statement
(b) Project budget
(c) Project charter

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