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1、Chapter7:ProjectCostManagementTrue/False1.?Overrunistheadditionalpercentageamountbywhichestimatesexceedactualcosts.?a.?True?b.?FalseANSWER:??FalseRATIONALE:??Feedback:Overrunistheadditionalpercentageordollaramountbywhichactualcostsexceedestimates.POINTS:??1DIFFICULTY:??Difficulty:EasyREFERENCES:??p.
2、264LEARNING?OBJECTIVES:??INFO.SCHW.14.48-LO:7-1NATIONAL?STANDARDS:??UnitedStates-BUSPROG:TechnologyTOPICS:??TheImportanceofProjectCostManagementKEYWORDS:??Bloom's:Knowledge2.?Theprimaryoutputoftheplanningcostmanagementprocessisachangerequest.?a.?True?b.?FalseANSWER:??FalseRATIONALE:??Feedback:Themai
3、noutputoftheplanningcostmanagementprocessprocessisacostmanagementplan.Planningcostmanagementinvolvesdeterminingthepolicies,procedures,anddocumentationthatwillbeusedforplanning,executing,andcontrollingprojectcost.POINTS:??1DIFFICULTY:??Difficulty:EasyREFERENCES:??p.266LEARNING?OBJECTIVES:??INFO.SCHW.
4、14.48-LO:7-1NATIONAL?STANDARDS:??UnitedStates-BUSPROG:TechnologyTOPICS:??TheImportanceofProjectCostManagementKEYWORDS:??Bloom's:Knowledge3.?ITprojectmanagersmustbeabletopresentanddiscussprojectinformationbothinfinancialandtechnicalterms.?a.?True?b.?FalseANSWER:??TrueRATIONALE:??Feedback:Mostmemberso
5、facompany’sexecutiveboardhaveabetterunderstandingoffinancialtermsthanITterms,andaremoreinterestedinfinance.Therefore,ITprojectmanagersneedtobeabletopresentanddiscussprojectinformationbothinfinancialtermsandtechnicalterms.POINTS:??1DIFFICULTY:??Difficulty:EasyREFERENCES:??p.266LEARNING?OBJECTIVES:??I
6、NFO.SCHW.14.49-LO:7-2NATIONAL?STANDARDS:??UnitedStates-BUSPROG:TechnologyTOPICS:??BasicPrinciplesofCostManagementCengageLearningTesting,PoweredbyCogneroPage?34Chapter7:ProjectCostManagementKEYWORDS:??Bloom's:Knowledge4.?Projectmanagersmustconductcashflowanalysistodeterminenetpresentvalue.?a.?True?b.
7、?FalseANSWER:??TrueRATIONALE:??Feedback:Cashflowanalysisisamethodofdeterminingtheestimatedannualcostsandbenefitsforaprojectandtheresultingannualcashflow.Projectmanagersmustconductcashflowanalysistodet
