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NEW QUESTION: 1
Your experience has taught you that inappropriate responses to cost variances can produce quality or schedule problems or unacceptable project risk. When leading a team meeting to discuss the importance of cost control, you note that cost control is concerned with______________
A. Establishing a cost performance baseline
B. Influencing the factors that create change to the authorized cost baseline
C. Allocating the overall cost estimate to individual work items
D. Developing an approximation of the costs of the resources needed to complete the project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The control costs process is also concerned with ensuring that requested changes have been acted upon, managing actual changes if and when they occur, ensuring cost expenditures do not exceed authorized funding, monitoring cost performance, preventing unapproved changes from being included in the reported cost or resource use, informing stakeholders of all approved changes and their costs and bringing expected cost overruns within acceptable limits.

NEW QUESTION: 2

A. Option C
B. Option E
C. Option A
D. Option D
E. Option B
Answer: A,D

NEW QUESTION: 3
Universal Containers manages its sales pipeline using Salesforce. However, when an opportunity moves to the closed list stage, the company would like to enforce that the expected revenue value be $0 in reports.
Which solution should a consultant recommended to meet this requirement?
A. Define a workflow rule to set the expected revenue field to $0 when the opportunity stage is closed/lost.
B. Define a workflow rule to set the forecast category to omitted when the opportunity stage is closed/lost.
C. Create a validation rule to verify that the forecast probability for dosed/lost opportunities is 0%.
D. Create a dependency between stage and forecast category to enforce the omitted value for closed/lost stages.
Answer: A