RAC DRUGS FINAL PAPER 2026 EXAM Q&A
STUDY GUIDE COMPLETE SOLUTIONS
◉ Accept. Answer: The act of formally receiving or acknowledging
something and regarding it as being true, sound, suitable, or complete.
◉ Activity. Answer: A distinct, scheduled portion of work performed
during the course of a project.
◉ Activity Code. Answer: An alphanumeric value assigned to each
activity that enables classifying, sorting, and filtering.
◉ Activity Identifier. Answer: A unique alphanumeric value assigned to
an activity and used to differentiate that activity from other activities.
◉ Activity Label. Answer: A phrase that names and describes an activity.
See also activity code and activity identifier.
◉ Actual Cost (AC). Answer: The realized cost incurred for the work
performed on an activity during a specific time period.
,◉ Analogous Estimating. Answer: A technique for estimating the
duration or cost of an activity or a project using historical data from a
similar activity or project.
◉ Apportioned Effort. Answer: An activity where effort is allotted
proportionately across certain discrete efforts and not divisible into
discrete efforts.
◉ Assumption. Answer: A factor in the planning process considered to
be true, real, or certain, without proof or demonstration.
◉ Backward Pass. Answer: A critical path method technique for
calculating the late start and late finish dates by working backward
through the schedule model from the project end date.
◉ Baseline. Answer: The approved version of a work product that can
be changed using formal change control procedures and is used as the
basis for comparison to actual results
◉ Bottom‐Up Estimating. Answer: A method of estimating project
duration or cost by aggregating the estimates of the lower‐level
components of the work breakdown structure (WBS).
◉ Budget at Completion (BAC). Answer: The sum of all budgets
established for the work to be performed.
, ◉ Change Control. Answer: A process whereby modifications to
documents, deliverables, or baselines associated with the project are
identified, documented, approved, or rejected
◉ Change Control Board. Answer: A formally chartered group
responsible for reviewing, evaluating, approving, delaying, or rejecting
changes to the project, and for recording and communicating such
decisions.
◉ Change Control System. Answer: A set of procedures that describes
how modifications to the project deliverables and documentation are
managed and controlled
◉ Change Request. Answer: A formal proposal to modify any document,
deliverable, or baseline.
◉ Code of Accounts. Answer: A numbering system used to uniquely
identify each component of the work breakdown structure(WBS).
◉ Communications Management Plan.. Answer: A component of the
project, program, or portfolio management plan that describes how,
when, and by whom information will be administered and disseminated.
STUDY GUIDE COMPLETE SOLUTIONS
◉ Accept. Answer: The act of formally receiving or acknowledging
something and regarding it as being true, sound, suitable, or complete.
◉ Activity. Answer: A distinct, scheduled portion of work performed
during the course of a project.
◉ Activity Code. Answer: An alphanumeric value assigned to each
activity that enables classifying, sorting, and filtering.
◉ Activity Identifier. Answer: A unique alphanumeric value assigned to
an activity and used to differentiate that activity from other activities.
◉ Activity Label. Answer: A phrase that names and describes an activity.
See also activity code and activity identifier.
◉ Actual Cost (AC). Answer: The realized cost incurred for the work
performed on an activity during a specific time period.
,◉ Analogous Estimating. Answer: A technique for estimating the
duration or cost of an activity or a project using historical data from a
similar activity or project.
◉ Apportioned Effort. Answer: An activity where effort is allotted
proportionately across certain discrete efforts and not divisible into
discrete efforts.
◉ Assumption. Answer: A factor in the planning process considered to
be true, real, or certain, without proof or demonstration.
◉ Backward Pass. Answer: A critical path method technique for
calculating the late start and late finish dates by working backward
through the schedule model from the project end date.
◉ Baseline. Answer: The approved version of a work product that can
be changed using formal change control procedures and is used as the
basis for comparison to actual results
◉ Bottom‐Up Estimating. Answer: A method of estimating project
duration or cost by aggregating the estimates of the lower‐level
components of the work breakdown structure (WBS).
◉ Budget at Completion (BAC). Answer: The sum of all budgets
established for the work to be performed.
, ◉ Change Control. Answer: A process whereby modifications to
documents, deliverables, or baselines associated with the project are
identified, documented, approved, or rejected
◉ Change Control Board. Answer: A formally chartered group
responsible for reviewing, evaluating, approving, delaying, or rejecting
changes to the project, and for recording and communicating such
decisions.
◉ Change Control System. Answer: A set of procedures that describes
how modifications to the project deliverables and documentation are
managed and controlled
◉ Change Request. Answer: A formal proposal to modify any document,
deliverable, or baseline.
◉ Code of Accounts. Answer: A numbering system used to uniquely
identify each component of the work breakdown structure(WBS).
◉ Communications Management Plan.. Answer: A component of the
project, program, or portfolio management plan that describes how,
when, and by whom information will be administered and disseminated.
