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Liberty University BUSI 313 Quiz 2 Complete Solutions Correct Answers Key

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    Liberty University BUSI 3 13 quiz 2 Complete Solutions Correct Answers Key Question 1 A typical responsibility matrix will include not only those responsible for a specific task but can also include those who supply support and assistance. Question 2 Integrating a project's work packages within the organization's management structure is known as work breakdown structure. Question 3 If the project time should be accepted, then the project must be completed on time. Question 4 In reviewing the project plan, Susan sees that the first prototype must be completed by October 12. This would be best classified as a Question 5 Which of the following is a good example of a Process Breakdown Structure? Question 6 There are 5 steps involved when defining a project ; which of the following is the first? Question 7 The final stage in defining a project is coding the organization breakdown structure or OBS for the information system. Question 8 For large companies, the organization breakdown structure is used rather than the work breakdown structure. Question 9 The highest element in the hierarchical breakdown of the WBS is the first major deliverable for the project and the lowest element is a work package. Question 10 Accounting would be an example of which of the following costs typically found in a project? Question 11 Estimates are supposed to be based on normal conditions. While this is a good starting point, it rarely holds true in real life. Question 12 Cost, time, and budget estimates are the lifeline for control ; they serve as the standard for comparison of the actual and the planned throughout the life of the project. Question 13 Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of Question 14 A good starting point for developing time and cost estimates is

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