WBS is a key project deliverable which organizes a team work into manageable system. A project budget can be allocated to the top levels of the work break down structure and department budget can quickly calculated based on the each project's work break down structure by allocating time and cost estimates to specific section.
Hence correct answer would B. The accumulation of the work in the WBS should be equal to the work of the project.
as WBS is allocate the costs and allocating time in specific section hence so accumulated figure will be equal to the project work.
QUESTION 6 All of the following are true about a work breakdown structure (WBS)EXCEPT which one?...
Project Management - Creating a Work-Breakdown Structure (WBS) Produce a WBS of at least 3 levels (1.1.1) for a "Fun Walk-or-Run" event, intended to raise money for the local community. A minimum of 6 tasks of at least 3 levels (1.1.1) need to be identified. Thank you.
QUESTION 22 Is the conversion of a project work breakdown structure (WBS) into an operating timetable. O Project budget O Project schedule O Project scope O Project resources QUESTION 23 People are the most valuable resource in your project O True False QUESTION 24 A common mistake in project management is to appoint as project manager an individual with excellent skills but weak skills. O Technical; Managerial O Managerial: Technical O Technical: Social O Social: Managerial
1 Which of the following is true regarding the code of accounts? a It allows one to easily identify the breakdown level of the item in the resource structure. b It describes the coding structure used by the performing organization to report financial information in its general ledger. c It is the collection of unique identifiers generally assigned to WBS items. d It defines ethical behavior in the project and the responsibilities to the customer and the profession. 2 You...
Application Work Breakdown Structure In a single-person endeavor, it is relatively easy to understand the duties and responsibilities of the person. However, when you work in groups, the work should be distributed as appropriately as possible among the team members. As a PM, you can create a diagram called the work breakdown structure (WBS), which specifies the activities that need to be carried out and the responsibilities of the individuals. Complete the following tasks: 1. Write a set of tasks...
question was answered QUESTION 5 Wh en planning a project there are several key points that must be considered. A bar chart based on the work breakdown structure (WBS) of a plant is a very clear means of presenting a programme of work. Draw a bar chart and a resource chart derived from the bar chart showing all salient values. [14] QUESTION 6 Table 1 shows the activities for a certain project. Due to the complexity of activities the project...
QUESTION 5 When planning a project there are several key points that must be considered. A bar chart based on the work breakdown structure (WBS) of a plant is a very clear means of presenting a programme of work. Draw a bar chart and a resource chart derived from the bar chart showing all salient values. [14] QUESTION 5 When planning a project there are several key points that must be considered. A bar chart based on the work breakdown...
1) "Once you have identified all of the stakeholders, it is important to determine which group of stakeholders holds the most power and which group may have the greatest impact in the overall outcome of the project. " a) true b) false 2) You are leading an international team and you are considering how this might impact your communications and decision making processes as a team. Your goal is to _______________. a) adapt the work processes to cope with the...
In this assignment, you will be creating a Work Breakout Structure (WBS) for your project using the software application that you have selected. Prepare the WBS, and submit the file to your instructor. This assignment is due Sunday at 11:59 p.m. All assignments should be uploaded in the Assignment area. Project Software Options There are many project management software applications that are designed to help develop project plans and schedules as well as keeping track of these plans and creating...
All of the following are generally true about creating new organizations except for Learn from prior organizational strengths and weaknesses Business needs should drive structure and not the reverse Centralized organizations facilitate the pace of the integration The structure employed during the integration must be the one used in the long-run Senior managers should be given responsibility for selecting their own subordinates
5. All of the following are true about projects and operations EXCEPT: A Operations are ongoing endeavours that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalzed in a product life cycle, whereas projects are temporary endeavours Projects require project management activities and skill sets, whereas operations require business process management, operations management activities, and skill sets. Projects can intersect with operations at various points during the product life cycle....