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20 min lwft What does MSP stand for? O A. Management Solutions Program O B. Microsoft Project O C. Managers Software Program O D. Manage

20 min lwft

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What does MSP stand for? O A. Management Solutions Program O B. Microsoft Project O C. Managers Software Program O D. Manage Solutions Project QUESTION 4 It is necessary to develop both a Capital and Operating budget to calculate Payback Period and Average Rate of Return (i.e. to convince Management of the value of your project O True O False QUESTION 5 Which of the following best describes what the WBS does? O A. The WBS represents all product and project work, including the project management work." O B. The WBS is decomposed to a work package level C. "The work package is the work (group of activities) defined at the lowest level of the WBS for which cost and duration can be estimated and managed." O D. Each work package is part of a control (summary) account (work at lowest levels should roll up to higher levels). O E. All of the above

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