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Exam (elaborations)

GFEBS Project Systems Course questions and answers latest top score.

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GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score. GFEBS Project Systems Course questions and answers latest top score.

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Institution
GFEBS Project Systems Course
Course
GFEBS Project Systems Course










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Institution
GFEBS Project Systems Course
Course
GFEBS Project Systems Course

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Uploaded on
February 15, 2025
Number of pages
19
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • gfebs

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d
d
d
d




GFEBS Project Systems Course questions
d d d d




and answers latest top score.
d d d d d d

d
d
d
d
d
d
d
d
d
d
d

What dis da dproject ddefinition? d- d d dcorrect danswer. d dThe dproject ddefinition dcontains
ddata d


used dfor dthe dentire dproject. dIt dcontains ddefault dvalues dwhich dcan dbe dpassed don
dto dthe d
d
WBS delements, dor dinfluence dthem, dsuch
das:
d

Project dProfile d
Project dControl dvalues d(e.g., duser dstatus dprofile) d
Organizational ddata d
Planning dparameters d
Settlement dRules d
Unique dProject
dNumber d d
d
The dProject dProfile dis doften dcalled dthe d"DNA" dof da dPS dproject; dit ddetermines
dmany


attributes dof dthe dproject. dThe dProject dProfile dcannot dbe dchanged dafter dproject
dcreation.
d

What dis da dProject dDefinition? d(2 dof d2) d- d d dcorrect danswer. d dIn dthe dproject ddefinition,
ddefault dvalues dare dmaintained dfor da dproject, dsuch das dthe dsettlement drule, dPerson

dResponsible, dor dPlant. dThe ddefault dvalues dcan dthen dbe dcopied dfor da dnew dWBS

delements dcreated dfor dthis dproject. d
d

The ddefault dvalues dwill dbe dcopied dinto dnew dWBS delements dcreated dfor dthe dproject,
dbut d
d
may dbe dchanged dwith dthe dexception dof dProject
dProfile.
d

What dis da dWork dBreakdown dStructure? d- d d dcorrect danswer. The dWBS dforms dthe
d d

dbasis dfor d
d
all dsubsequent dplanning dtasks din dthe
dproject.
d

,The demphasis dis dplaced don: d
d
Planning
d
Description
d
Funding dand dAvailability

dControl
d
Costs dand dFund dConsumption

dReporting


Monitoring dof dcosts, dbasic ddates, dand dthe
dstatuses
d

Work dBreakdown dStructure d(WBS) d- d d dcorrect danswer. d dIn da dWBS, dthe dgroupings dof
dwork dare ddescribed din dthe dproject das dindividual delements din da dhierarchy. dThe dwork

dis dbroken ddown din dthe dproject, dstep-by-step, duntil dthe dlevel dof ddetail dis dreached

dnecessary dto dcarry dit dout. dThese dgroupings dof dworks dare dWBS dElements. d
d

So din dGFEBS, da dWork dBreakdown dStructure dis da dhierarchical darrangement dof
dWBS d
d
elements dunder da dproject

ddefinition.
d

In dGFEBS, dthere dcan donly dbe done dWBS ddirectly dbelow dthe dProject dDefinition. dThis
dis dknown das dthe dLevel d1 dWBS, dand dwill dhave dthe dsame dnumber d(and dusually

dname) das dthe dProject dDefinition. d
d

WBS dElements d- d d dcorrect danswer. d dWBS delements dare darranged dhierarchically dso
dthat dthe dmost datomic dwork dthat dcan dbe ddescribed dand dfunded dwith da dsingle dLOA

d(line dof daccounting) dare dat dthe dbottom. dTypically, dexecution d(accrual dof dexpenses)

donly doccurs dat dthis dlowest dlevel, dthough dthat ddoes dnot dhave dto dbe dthe dcase. d
d

Since dthe dWBS dis dstructured dhierarchically, dwe're dable dto dsummarize dand ddisplay
dthe ddata dfor dthe dcorresponding dhigher-level dWBS delements, dor dall dthe dway dup dto

dthe dProject dDefinition dlevel. d
d

Click don dthe dnote dicon dbelow dfor dmore dinformation d
d

WBS dElements d- dOperative dIndicators d- d d dcorrect danswer. d dGFEBS duses dOperative
dIndicators dto ddefine dcharacteristics dthat dcontrol dfunctionality dof da dWBS d- dthey ddefine

dwhether da dgiven dWBS dcan dor dcannot dbe dused din dsome dvery dimportant dprocesses. d
d
d
Click don deach dimage dfor deach
dprocess.


Click don dthe dnote dicon dfor dmore
dinformation.
d
d
Planning dElement d- d d dcorrect danswer. d dWBS's dthat dcan dhave dplanned dcosts
dentered


against dthem dmust dbe dmarked dby dchecking dthe dPlanning dElement doperative
dindicator.

, d

Account dAssignment dElement d- d d dcorrect danswer. d dWBS's dthat dcan dhave dactual
dcosts daccrued d(executed) dagainst dthem dmust dbe dmarked dby dchecking dthe dAccount

dAssignment dElement dOperative dIndicator. d
d

Billing dElement d- d d dcorrect danswer. d dWBS's dthat dcan dbe dreferenced don da dSales dorder
dfor da d
d
reimbursable dmust dbe dmarked dby dchecking dthe dBilling dElement dOperative
dIndicator.


Which dof dthe dfollowing dis dused dto ddefine dthe dcharacteristics dof da dWBS
delement? d-
d
correct danswer. d dOperative

dIndicators
d

A dgood dproject dstructures dsupports dwhich dof dthe dfollowing? d- d d dcorrect danswer.
d dCost d
d
Reporting
d
Funding d/ dFunded dProgram
dDesign
d
Execution
d
All dof dthe

dabove
d

True dor dFalse: dIn dPS, dthe dterms d"Project" dand d"Project dDefinition" dare
dsynonymous d-
d
correct danswer. d
dFalse
d

True dor dFalse: dA dWBS delement dcan dhave dmultiple dlines dof daccounting d(LOA). d- d d
dcorrect d
d
answer. d

dFalse
d

Project dSystems dText dand dDocuments d- d d dcorrect danswer. d dPS dtext dand ddocuments
dare dobjects dthat dcan dbe dassigned dto dWBS delements. dPS dtext dare duser-definable

dtexts dthat dare dmanaged din da dPS dtext dcatalog. dThe dtexts dare dclassified dinto ddifferent

dtext dtypes. dYou dcan dassign done dor dmore dWBS delements dto dPS dtext. dAlso, dExternal

ddocuments din dvarious dformats d(Excel, dWord, dPPT, dBMP, dand dCAD) dcan dbe

dassigned dto dWBS delements. d
d

Project dTemplate d- d d dcorrect danswer. d dIt dis doften dconvenient dto dcreate done dproject
dfrom danother dto davoid dhaving dto dre-create dthe dentire dstructure dmanually dand dre-

enter dall dthe ddata. dThis dis despecially dtrue dif dyou dhave dmany dprojects dthat dare dsimilar
dto done danother, dor dif dyou dare d"rolling dover" da dproject dfrom done dfiscal dyear dto dthe

dnext. d
d

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