Question 41 The project manager is allocating overall cost estimates to individu

Question

Question 41 The project manager is allocating overall cost estimates to individual activities to establish a baseline for measuring project performance. What process is this? a Risk estimating b. Schedule control c. Quality management d. Cost budgeting Question 42 The Oversight Coordination Commission was used on the Big Dig to obtain which of the following benefits: a. Focused and proactive oversight b. Integrated project teams c. Faster dispute resolution d. All of the above Question 43 According to your assigned readings which of the following practices will ensure a program's failure a. Allowing political expediency and infighting to dictate crucial decisions b. Maintaining an integrated project organization c. Conducting feasibility studies d. Being willing to admit when a program is a failure Question 44 Which of the following does not generally contribute to the rising costs on megaprojects? a. Schedule Driven Projects b. Incomplete Design c. Too Many Processes and Procedures d. Political Infighting e. Low Bid Contracts

Explanation / Answer

41. The correct answer is (d) Cost Budgeting.

A cost budgeting is a financial plan about the identified expenses. Developing an approximation of the costs of the resources needed to complete project activities.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.