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NEW QUESTION: 1
You decide that department managers must submit budget plans to you each quarter.
You need to use the budget planning template wizard to generate a budget planning template that each department submit to you.
What are three prerequisites for creating a template for budget plan worksheets? Each correct answer presents part of the solution.
A. Create a budget plan and review its information by using a worksheet template.
B. Decide which matrix fields to creat.
C. Select the worksheet template to use for the budget planning process.
D. Decide which fields to use for the header.
E Decide which columns to include on the worksheet.
Answer: A,B,D
NEW QUESTION: 2
You are using the interviewing technique of the Quantitative Risk Analysis process. You intend to use normal and lognormal distributions. All of the following statements are true regarding this question except which one?
A. Interviewing techniques are used to quantify the probability and impact of the risks on project objectives.
B. Distributions graphically display the impacts of risk to the project objectives.
C. Normal and lognormal distributions use mean and standard deviation to quantify risks.
D. Triangular distributions rely on optimistic, pessimistic, and most likely estimates to quantify risks.
Answer: B
Explanation:
Distributions graphically display the probability of risk to the project objectives as well as the time or cost elements.
NEW QUESTION: 3
Match the following activities with the Deming Cycle stages
1. Monitor, Measure and Review
2. Continual Improvement
3. Implement Initiatives
4. Plan for Improvement
A. 1 Plan, 2 Do, 3 Check, 4 Act
B. 2 Plan, 3 Do, 4 Check, 1 Act
C. 3 Plan, 2 Do, 4 Check, 1 Act
D. 4 Plan, 3 Do, 1 Check, 2 Act
Answer: D
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