1.
Decomposing the major deliverables into smaller, more manageable components to provide better control is called:
3.
Any numbering system that is used to monitor project costs by category such as labor, supplies, or materials, for example, is called:
4.
A group of related projects that are managed in a coordinated way that usually include an element of ongoing activity is called a:
5.
A person who is involved in or may be affected by the activities or anyone who has something to gain or lose by the activity of the project is called a
6.
A project manager is assigned to a project early in the project life cycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flows that will take place over the next five years. What is the payback period for this project?
7.
A project manager is assigned to a project early in the project life cycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flows that will take place over the next five years. If the net present value for each of the cash flows were calculated at a 10% interest rate, the net present value cash flow at the end of five years would be:
8.
During the full life cycle of the project, a plot of the project’s expected expenditures will usually follow a characteristic ‘‘S’’ shape. This indicates that
9.
A temporary endeavor undertaken to create a new product or service is called a:
10.
A project manager is assigned to a project early in the project life cycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flows that will take place over the next five years. What is the payback period for this project? What is the net cash flow at the end of five years?