Budget constraints Study guides, Revision notes & Summaries

The common characteristic possessed by all assets is Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? Resource-seeking FDI Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen Under the Uniform Commercial Code (UCC) statute of frauds, which of the following terms must be included in writing...

1. What are the two distinct processes of telecommunications project management? - ANSWER-design and implementation/instillation 2. List the nine project constraints. - ANSWER-Cost, time, quality, risk, resources, stakeholders, technology, safety, environment 3. In order for a project to run effectively and efficiently, the ICT professional should create a list of targeted objectives, identifying each _______________ as well as the _______________. - ANSWER-milestones, project's overall o...

What are the five criteria for a successful project? - Answer Time, cost, quality, risk & benefits Project Management - Answer The application of processes, methods, knowledge, skills and experience to achieve the project objectives Programme Management - Answer The coordinated management of projects and change manage activities to achieve beneficial change Project Success - Answer The satisfaction of stakeholder needs measured by the success criteria as identified and agreed at the sta...

BTEC Unit 5: Data Modelling - Assignment 2 & 3 Learning Aim B & C 2023. Functions the model must perform: For the section, there are many functions that the model must perform. Generally, these functions require complex calculation that is built in the project named “Microsoft Excel”. The functions that currently exist in this project are: SUM – This function will be used to calculate the total cost between number1 and number2 by adding up these together. An example could be adding al...

_______ Stage is where the building owner selects the contractor and executes the construction agreement: Stage is where the building owner selects the contractor and executes the construction agreement: Conceptual, Procurement, Construction, None of the choices . Procurement: Stage the building owner selects the contractor and executes the construction agreement which will eventually progress through to Construction Stage During the_______ phase of a project the owner would want to determine ...

WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...

A consultant is working on a Service Cloud implementation with a fixed budget and timeline. The analysis phase of the project has just been completed. Additional requirements were discovered that will result in the project exceeding timeline and budget constraints. What is the first step the consultant should take to address the issue? A. Adjust the dates in the project plan to account for the additional requirements and communicate the new timeline. B. Add development resources to the projec...

How is optimization used in CE systems? Correct Answer-used in all phases of CE system development to identify the best solution to a problem What are some of the constraints that civil engineers need to consider in CE systems? Correct Answer-budget manpower materials/equipment space/location extreme weather events user fees passenger delay sustainability average physical condition over time required maintenance What are examples of the "design phase" being an optimization proce...

Three major reasons projects fail correct answer: Managerial support Lack of organizational commitment Communication breakdowns Three primary activities affecting the success of a project correct answer: Project planning Risk management Communication Project process groups correct answer: Initiating Planning Executing Controlling Closing Three primary constraints (triple constraints) correct answer: Schedule/time Budget/cost Quality/technical scope Project management el...

Defense Acquisition University ACQ 101/ACQ101 all module tests Fall 2022 Questions and correct Answers. Defense Acquisition University; ACQ 101 all module Exams 1) A system can be defined as: All elements (e.g., hardware, software, logistics support, personnel) needed to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war The deployment and fielding processes used by the Department of Defense (DoD) to conduct its mission of deterring or winnin...