False In project schedule management, the next step after sequencing activities is to define these activities. False IT project managers must be able to present and discuss project information both in financial and technical terms. True Project schedules grow out of basic documents such as the project charter.
True It is important for project managers to focus on indirect costs because they can be easily controlled. False Milestones are easy to achieve and are always achieved through one main activity.
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range of different costs. Which would be an example of an indirect cost? Electricity used to run its factories Good Earth, a company manufacturing packaged food products, sets up its stores in Baltonia.
It is important for project managers to focus on indirect costs because they can be easily controlled.
After defining project activities, the next step in project schedule management is developing the schedule.
Start-to-finish relationships are the most frequently used dependencies between activities.
The primary output of the planning cost management process is a change request.
Parametric models are reliable when the models are flexible in terms of the project's size.
Analogous estimates are the most accurate technique to estimate costs.
Network diagrams are the preferred technique for showing activity sequencing.