1. Question : The creation of a WBS facilitates the aggregation of budget and actual costs incurred into larger cost accounts.
Question 2. Question : Effective projects generally have no linkage with corporate strategies.
Question 3. Question : The creation of a WBS can be done only by the bottoms up approach.
Question 4. Question : The success rates for project cost management are generally very high.
Question 5. Question : The linkage of project strategy to the corporate strategy ensures that project plans are not in conflict with corporate goals and objectives.
Question 6. Question : The top down approach begins with the total work required to produce the projects end product.
Question 7. Question : There is one universal standard for the creation of a WBS.
Question 8. Question : Identify the most complete definition of corporate strategy from the choices below.
Question 9. Question : The SOW is a detailed narrative of the work required to complete a project.
Question 10. Question : The Boston Central Artery/Tunnel Project is an excellent example of cost control and early completion dates.