Mastering Project Planning
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Questions and Answers

Which of the following is a critical planning element in a project plan?

  • Time (correct)
  • Risk
  • Quality
  • Cost

What does a good project plan help the project manager and organization respond to?

  • Changes in scope (correct)
  • Changes in schedule
  • Changes in resources
  • Changes in cost

What does the critical path in a project plan represent?

  • The most important tasks
  • The least important tasks
  • The shortest overall duration
  • The longest overall duration (correct)

Which type of cost accounts for the majority of the project budget in global projects?

<p>Resource costs (B)</p> Signup and view all the answers

What does project cost management involve?

<p>Planning, estimating, budgeting, and controlling costs (A)</p> Signup and view all the answers

What does the cost in project management refer to?

<p>The amount of money spent on the project (D)</p> Signup and view all the answers

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