Which of the following techniques is used in businesses to determine the effect different
costs or investments have on profit and other financial indicators?
Beth is the project manager for the NHQ project. This project deals with fiber optic cabling
in her organizational campus. Tim is the electrical engineer for her company and is the only
internal resource that can complete several of the project activities that deal with the fiber
optic cables. Because Tim is a highly-skilled resource, he is already scheduled on several
projects within the organization and is not available when Beth needs him to complete
some of the project activities. This is an example of which term?
Nancy is the project manager of the JJJ Project. This project has recently been approved
by the project customer as complete so Nancy must now finalize the administrative closure.
Nancy needs to create the final project report to report the successes and failures in the
project. Who should Nancy deliver this final project report to if she is participating in a
projectized structure?
You are the project manager of the NHQ project. Your project has a budget of $1,258,456,
and is scheduled to last for three years. Your project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project,
you have spent $525,000. Management needs a performance report regarding the NHQ
project. Management is concerned that this project will be over budget upon completion.
Management would like to create a report telling them how much more the project will need
to complete. What value should you tell management?