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Ch.1 Oral Assessment

A new project is proposed. It will cost $800,000 to complete and is expected to have an annual net cash inflow of $110,000. What is the annual rate of return based on the payback method?

Taking advantage of opportunities to reduce costs or accelerate the schedule are examples of project criteria classified as ____________.

In a(n) ________ system, there are usually two chains of command, one along functional lines and the other along project lines.

Which of the following items has to do with significant events in the life of a project, such as completion of deliverables, at a specific point in time?

When work packages are integrated with organizational units, a control point is created called a

Which of the following choices is a professional organization for project managers?

Which of the following combinations represents the extremes of project organization?

Which of the following is not a common cause of scope creep?

Which of the following is NOT one of the driving forces behind the increasing demand for project management?