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Which of the following is true of contingency reserves?
A. They allow for future situations that can be partially planned for
B. They are not included in a cost baseline
C. They are also known as unknown unknowns
D. They allow for dollar amounts to be used to cover existing, fixed costs
Answer: A
NEW QUESTION # 86
Schedule variance is:
A. the planned value plus the rate of performance
B. the earned value minus the planned value
C. the earned value minus the actual cost
D. the planned value plus the earned value
Answer: B
NEW QUESTION # 87
The _____ should list and describe all of the deliverables required for the project.
A. gantt chart
B. scope statement
C. WBS
D. project charter
Answer: B
NEW QUESTION # 88
_____ refers to a set of shared assumptions, values, and behaviors that characterize the functioning of an organization.
A. line of control
B. organizational structure
C. organizational culture
D. chain of command
Answer: C
NEW QUESTION # 89
Which of the following are often considered the success factors for a project?Select TWO
A. well planned
B. large budget
C. well-defined objectives and requirements
D. strong management of external stakeholders
Answer: A,C
Explanation:
Core success factors highlighted includerobust planningandclear, well-defined objectives/requirements.
Projects don't inherently needlarge budgetsto be successful, and external stakeholders may not always be central.
Reference:CIPS L5M8 Study Guide, p.3 (Varejao/CIPS discussion of success factors).
NEW QUESTION # 90
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