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NEW QUESTION: 1
You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?
A. Benchmarking
B. Team development
C. Cost-benefits analysis
D. Cost of conformance to quality
Answer: D
Explanation:
Explanation/Reference:
Explanation:
When the project team needs training to be able to complete the project work it is a cost of conformance to quality.
The cost of conformance to quality defines the cost of training, proper resources, and the costs the project must spend in order to ascertain the expected levels of quality the customer expects from the project. It is the capital used up throughout the project to avoid failures. It consists of two types of costs:
Prevention costs: It is measured to build a quality product. It includes costs in training, document

processing, equipment, and time to do it right.
Appraisal costs: It is measured to assess the quality. It includes testing, destructive testing loss, and

inspections.
Incorrect Answers:
A: Benchmarking compares any two items, such as materials, vendors, or resources.
B: Cost-benefit analysis is the study of the benefits in relation to the costs to receive the benefits of a decision, a project, or other investment.
D: Team development describes activities the project manager uses to create a more cohesive and responsive project team.

NEW QUESTION: 2
Ein Automobilhersteller möchte ein unbemanntes Auto als neues Produkt entwickeln. Ein Projektmanager wurde zugewiesen. Das Unternehmen hat allgemeine Spezifikationen entwickelt, aber die detaillierten Spezifikationen sind nicht klar. Wie sollte der Projektmanager den Projektstrukturplan (PSP) entwickeln?
A. Aktualisieren Sie das Annahmenprotokoll und bitten Sie die Experten, die allgemeinen Anforderungen in Arbeitspakete aufzuteilen.
B. Überprüfen Sie den Umfang und bitten Sie die Experten, die Unterkomponenten mithilfe eines Bottom-up-Ansatzes zu gruppieren.
C. Validieren Sie den Umfang und bitten Sie die Experten, die Lieferungen in kleinere Komponenten zu unterteilen.
D. Führen Sie Sitzungen zur Anforderungserfassung mit den Stakeholdern durch und entwickeln Sie den PSP zusammen mit den Experten.
Answer: D

NEW QUESTION: 3
You create and post a payment journal with a method of payment that is configured with bridging account. The bank notifies you that the payment has cleared the account.
What should you do next?
A. Create a general journal, adding lines to debit the bridging account and credit the bank account, then use the bank reconciliation feature to settle the Bridged transaction with the bank transaction.
B. Create a general journal,adding lines to debit the bridging accounts and credit the bank account, then use the Bridged transaction feature to mark the journal lines for settlement.
C. Create a general journal with an offset account for the correct bank, and use the Settlement feature to select the Bridged transactions to clear.
D. Create a general journal, and use theBridged transactions feature to select and move the payment to a Bank account.
Answer: A

NEW QUESTION: 4
Section A (1 Mark)
Which of the following act is done by the most dissatisfied customers?
A. Tell their friends
B. Do not complain & tell their friends
C. Do not complain
D. Send their complaints
Answer: B