3, Which of the following statement is incorrect? Work Breakdown Structure (WBS)

Question

3, Which of the following statement is incorrect? Work Breakdown Structure (WBS) a. Provides a solid foundation for planning and scheduling b. Breaks down projects into manageable work packages e Provides a way to estimate project costs accurately d, Makes sure important deliverables get forgotten Which of the following is not a strength of the bottom-up costing technique? a. More detailed basis b. Requires expert knowledge c. Fosters individual commitment d. Cause and effect understood le 5. In capital budgeting, a technique which is based upon discounted cash flow is classified as a. Net present value method b. Net future value method c. Net capital budgeting method d. Net equity budgeting method

Explanation / Answer

3. d. Makes sure important deliverables get forgotten

EXPLANATION: Benefits of a WBS ar as follows:

4. b. Requires expert knowledge

EXPLANATION: Requires expert knowledge/judgement for adjust- ment factors.

5.a. Net present value method

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