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____________ is defined as covering work whose component activities are less defined and whose interrelationships are conditional.
____________ is defined as covering work whose component activities are less defined and whose interrelationships are conditional.A . Soft logicB . Hard logicC . Deductive logicD . Inductive logicView AnswerAnswer: A Explanation: Soft logic refers to the sequencing of project activities that is flexible, based on discretionary decisions about the...
The purpose of a communication must be understood by ____________ if the message is to be clear to the
The purpose of a communication must be understood by ____________ if the message is to be clear to theA . Workers; managementB . The speaker; the receiverC . Management; workersD . The receiver; the speakerView AnswerAnswer: D Explanation: For effective communication, the purpose of a communication must be understood by...
Which of the following percent complete measurement techniques is best suited for long-term non-production accounts (such as overhead accounts)?
A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of...
_____________is defined as the budget for the cost (work) account times the percent complete for that account.
_____________is defined as the budget for the cost (work) account times the percent complete for that account.A . Percent completeB . ForecastC . Cost to completeD . Earned valueView AnswerAnswer: D Explanation: Earned Value (EV) is a key concept in project management, particularly in cost management and performance measurement. It...
______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.
______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit. A. Economic optimization B. Simulation C. Linear programming D. Dynamic programmingView AnswerAnswer: A Explanation: Economic optimization is the process of determining the course of action...
A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as:
A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as:A . Surety bondB . Performance bondC . Bid bondD . Liability bondView AnswerAnswer: C Explanation: A bid bond is a type of surety bond that guarantees the bidder will...
AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.
AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.A . Risk analysisB . Benefit/Cost ratio (B/C) methodC . Net present worth methodD . Life cycle costs...
How many hours have been earned?
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. 10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03....
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of Year 4, the commodity which experienced the greatest projected percentage price index increase over today...
Meetings require:
Meetings require:A . Goals, an agenda, preparation, relevant discussions, support for your actions and to consider the total physical and human setting of the meetingB . Goals, an agenda, preparation, conclusions, control and conversations that are relevantC . Goals, an agenda, preparation, control, good listening skills and relevant discussionsD ....
