Actual cost ac Study guides, Class notes & Summaries

Acceptance Criteria - set of conditions that is required to be met before deliverables are accepted Accepted Deliverables - Products, results, or capabilities produced by a project and validated by the project customer or sponsors as meeting their specified acceptance criteria Accuracy - within the quality management system; is an assessment of correctness Acquire Project Team - the process of confirming human resource availability and obtaining the team necessary to complete project ac...

TEST BANK Pharmacology Clear and Simple: A Guide to Drug Classifications and Dosage Calculations Cynthia J. Watkins 4th Edition Chapter 1. History of Pharmacology MULTIPLE CHOICE 1. The Greek word pharmakon means which of the following? a. Medicine b. Poison c. Remedy d. Medicine, poison, and remedy ANS: D Rationale: The word pharmakon refers to the curing of illness, thus meaning medicine and remedy, as well as poison because early medicines we...

CAPM Exam 196 Questions with Verified Answers Cost Variance formula - CORRECT ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - CORRECT ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - CORRECT ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - CORRECT ANSWER Processes performed to establish total scope of effort, define and refine objectives, and develop a cou...

Acceptance Criteria - ️️A set of conditions that is required to be met before deliverables are accepted. Accuracy - ️️Within the quality management system, accuracy is an assessment of correctness. Activity List - ️️A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scope of work description so project team members understand what work is to be performed. Actual Cost (AC) - ️️The realized ...

Project Management TPV1 and C176 WGU, Questions and Correct Answers, Complete solution 2024. Acceptance criteria Requirements and conditions that must be met before the project deliverables are formally accepted. Acceptance test A group of end-users work with the final product to test it for unidentified issues that may appear during routine use. Also known as User Acceptance Testing (UAT). Actual duration The number of hours or days expanded to complete a project activity. Actual eff...

ITPM - Cost Management Exam Questions And Answers 100% Verified 2024/2025 BAC Budget at completion - No formula—it's the project budget - How much money you'll spend on the project PV Planned value - BAC * Planned % complete - What your schedule says you should have spent (planned) EV Earned value - BAC * Actual % complete - How much of the project's value you've really earned AV Actual cost - What you've actually spent on the project - How much you've actually spent so ...

Cost Variance formula Correct Answer-Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? Correct Answer-Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) Correct Answer-Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) Correct Answer-Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Proc...

CAPM 2024 VOCAB WITH COMPLETE SOLUTIONS. product management plan ️ the integration of people, data, processes, and business systems to create, maintain, and evolve a product + service through its life cycle. it is the iterative process of refining and working towards key outcomes of a product Management by Objectives (MBO) ️ a process of setting mutually agreed upon goals and using those goals to evaluate employee performance - setting objectives and making sure they are met, then do...

ITPM - Cost Management Exam Questions And Answers 100% Verified 2024/2025 BAC Budget at completion - No formula—it's the project budget - How much money you'll spend on the project PV Planned value - BAC * Planned % complete - What your schedule says you should have spent (planned) EV Earned value - BAC * Actual % complete - How much of the project's value you've really earned AV Actual cost - What you've actually spent on the project - How much you've actually spent so ...

PMI PMP Exam Questions & Answers 2024/2025 A customer is not satisfied with the delivered product. The PM is surprised because the agile development team delivered the product several iterations earlier. What is one way that the PM could have avoided this? A. Required team sign off for each of the constant changes to requirements. B. Set aside more resources for product testing after changers are made. C. Made sure the customer was aware of the value of demos. D. Ensured the team fully part...