Concept of key performance indicators used

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Reference no: EM132230887

1. In which of the following areas is the concept of Key Performance Indicators used?

scheduling

cost estimation

monitoring

closing

2. A scheduled activity on the critical path is referred to as a _____________ activity.

critical

slack

constraint

essential

3. A ___________________ formally authorizes a project or a phase of the project and documents requirements and stakeholder needs and expectations.

Initiation document

Stakeholder's Agreement

Project Statement

Project Charter

4. When a project is divided into phases or sub-projects, each one of the phases or sub-projects will involve the five process groups.

True

False

5. When a organization reaches an agreement with a vendor to provide services at a fixed cost this is an example of ________________ .

risk assurance

transferring the risk

avoiding the risk

distributing the risk

Reference no: EM132230887

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