The wbs captures - Study guides, Class notes & Summaries

PMAN 637 Project Risk Management Quiz 1 2024 Correct answers highlighted in YELLOW   PMAN 637 Project Risk Management Quiz 1 2024 Correct answers highlighted in YELLOW Question 1 (2 points) The WBS captures A. How work is organized and sequenced B. The priority of project work components C. All the work required to realize the project's requirements D. Detailed costs associated with key work components Question 2 (1 point) The WBS is a critical project artifact which infl...

Information system A set of interrelated components that collects processes stores and provides as output the information needed to complete business task . Always includes people who operate the system and carry out some of the work Systems analysis Those system development activities that enable a person to understand and specify what the new system should accomplish Systems design System development activities that enable a person to describe in detail how the resulting infor...

CS_T410 SAP Certification Practice 99 Questions with Verified Answers Which business process uses the following SAP master data: Vendor, Material, and Purchasing Info record? - CORRECT ANSWER STP True or False: Intelligent Enterprise is the umbrella under which all SAP products sit, with S/4HANA at the core. - CORRECT ANSWER TRUE Which of the following is the correct hierarchy of organizational structure elements in SAP S/4HANA (from 1. highest level to 4. lowest level)? - CORRECT A...

Summary GFEBS L230E Cost Management Process Overview Complete Solutions Direct Cost A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative expenses. Funded Co...

Army Acquisition Exam 1 (2022/2023) Rated A+ Who is responsible for Training the Acquisition Workforce? Defense Acquisition Career Manager A Civilian or military in acquisition and personnel in acquisition career development programs is called? Acquisition Workforce Acquisition Corps Membership requirements 1. Grade of MAJ or above 2. Level II in acquisition career field 3. Bachelor degree 4. 12 to 24 semester hour from an accredited institution 5. 4 years of acquisition experience Out of the...

Risk Register A risk register is a repository in which outputs of risk management processes are recorded. Information in a risk register can include the person responsible for managing the risk, probability, impact, risk score, planned risk responses, and other information used to get a high-level understanding of individual risks. Configuration Management Plan Describes how the information about the items of the project (and which items) will be recorded and updated so that the product...

What is the cost of a work package if the resource costs are $25/hour and material costs are $250? This work should take 75 hours. - ANSWER-$2,125 Which of the following statements regarding control accounts is true? A. Every work package must have its own control account. B. A control account is established where the lowest OBS element intersects the lowest WBS element. C. Activity cost estimates. D. A control account is another term for cost center. - ANSWER-D. A control account is an...

CS_T410 SAP Certification Practice 99 Questions with Verified Answers Which business process uses the following SAP master data: Vendor, Material, and Purchasing Info record? - CORRECT ANSWER STP True or False: Intelligent Enterprise is the umbrella under which all SAP products sit, with S/4HANA at the core. - CORRECT ANSWER TRUE Which of the following is the correct hierarchy of organizational structure elements in SAP S/4HANA (from 1. highest level to 4. lowest level)? - CORRECT A...

You are evaluating the dependencies that exist currently within your risk management plan to determine its accuracy. Which of the following is best described as an action to verify that all risks have been identified, that plans have been created to handle risks, and that the individuals responsible for responding to the risks are prepared to take action? A Risk reassessment B Reserve analysis C Workaround D Risk audit - ANSWER-Correct answer: Risk audit A risk audit is an action to v...

Direct Cost - A cost such as labor, materials, or supplies that can be traced directly to producing a specific output of an organization, product, and service Indirect Cost - A cost that cannot be traced directly to a specific organization, product, and/or service output They often are allocated on a predetermined basis and generally are synonymous with overhead costs such as general and administrative expenses. Funded Cost - The value of goods or services received because of an obligation...