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Liberty University BUSI 313 Quiz 4 Complete Solutions Correct Answers Key

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    Liberty University BUSI 3 13 quiz 4 Complete Solutions Correct Answers Key Question 1 Disadvantages of outsourcing project work may likely include all of the following EXCEPT Question 2 Experience indicates that co location of project teams is not worth the extra costs. Question 3 When using the partnering approach to manage contracted relationships, each party's goals and objectives are similar but geared to what is best for them. Question 4 Which of the following is true in regard to negotiation when managing projects? Question 5 Principled negotiation emphasizes developing win/win solutions while protecting yourself against those who would take advantage of your forthrightness. Which of the following is NOT one of the key points of principled negotiation? Question 6 A partnering charter states the common goals for the project as well as the procedures that will be used to achieve these goals. Question 7 What does the acronym BATNA stand for? Question 8 When considering principled negotiation, both buyers and sellers relying on the blue book to establish price parameters of a used car would be an example of Question 9 Jessica just received the following information on her project: PV = 200, EV = 300, AC = 250, BAC = 1500, EAC = 1208. In terms of cost at completion. Question 10 Which of the following is NOT true regarding scope creep? Question 11 Because of their easy to understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status. Question 12 The cost variance for a project is calculated by Question 13 A ___________ Gantt chart is a simple and effective way to depict progress on a project. Question 14 A project control system allows for comparing actual performance against plan to identify deviations ; however, the system doesn't impact the quality of communication between stakeholders.

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