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MANG 4710 - Test 2 With Complete Solution

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MANG 4710 - Test 2 With Complete Solution...

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MANG 4710 - Test 2 With
Complete Solution

Acceptance criteria - ANSWER A set of conditions that must be met before
the deliverables are accepted.




Cost account - ANSWER The intersection of work packages and the
organization unit creates a project control point.




Gold plating - ANSWER Refers to adding the extra value to the project that is
beyond the scope of the project; this is common on software projects where
developers add features that they think the end user will like.




Milestone - ANSWER A significant event in a project that occurs at a point in
time.




Organization Breakdown Structure (OBS) - ANSWER A structure used to
assign responsibility for work packages; this depicts how the firm has
organized to discharge work responsibilities.




Priority matrix - ANSWER A tool used to sort tasks or projects based on a
defined set of variables.

, Process Breakdown Structure (PBS) - ANSWER Is used for process-oriented
projects, often referred to as the "waterfall method" in the software industry.




Product scope description - ANSWER A document that defines all the
elements of the project scopes well as assumptions, project requirements and
acceptance.




Project charter - ANSWER A document that authorizes the project manager
to initiate and lead a project.




Responsibility matrix - ANSWER summarizes the tasks to be accomplished
and who is responsible for what on a project




Scope creep - ANSWER The tendency for the project scope to expand over
time; usually by changing requirements, specifications, and priorities.




Scope statement - ANSWER Short, one-two-page summary of key elements
of the scope, followed by extended documentation of each element.




WBS dictionary - ANSWER Provides detailed information about each element
in the WBS including the work package level (code), name, and functional

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