Project Expense Classification Quiz
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Questions and Answers

What is the defining characteristic of an indirect cost?

  • It can be practically costed to a specific task
  • It is controllable from the project site
  • It is best left to the judgement of the top management (correct)
  • It derives from activities that serve the project as a whole

    • In the context of building, what is the primary purpose of a shelter?

  • To control the environment
  • To provide aesthetic value
  • To provide shelter for human activities (correct)
  • To serve as a gathering place

    • How did the work of a master builder change over time?

  • It involved collaboration with specialists (correct)
  • It focused solely on architectural planning
  • It became more individualistic
  • It shifted towards controlling natural forces

    • What distinguishes project costs from direct costs?

    <p>Project costs are controllable from the project site</p> Signup and view all the answers

    What is the purpose of a work breakdown structure in project planning?

    <p>To break a large project into its constituent activities</p> Signup and view all the answers

    How are time estimates for project activities typically made?

    <p>By individuals familiar with the activity and its details</p> Signup and view all the answers

    What influences the reliability of time estimates for project activities?

    <p>Nature of the activity and relevance of prior experience</p> Signup and view all the answers

    In what way can some activities be completed quicker?

    <p>By employing a greater amount of resources</p> Signup and view all the answers

    How are the estimated durations of different project activities expressed?

    <p>In working time or elapsed time</p> Signup and view all the answers

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