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NEW QUESTION: 1
Kay is the project manager of the QUI Project. This project is done but is also considerably over budget.
Kay has elected to crash the project in order to recoup schedule delays but this increased the project costs. What should Kay do with the information regarding the schedule delays and cost overruns?
A. Create an entry in the lessons learned documentation and explain her reasoning behind the corrective actions.
B. File the information as part of the project final report.
C. Create a variance report.
D. Create an exceptions report.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
When there have been significant corrective action decisions the reasoning behind the decision should be documented in the lessons learned documentation. What is lessons learned documentation? Lessons learned documentation is prepared to contribute to the lessons learned knowledge database of the organization. It includes the causes of issues, the reasoning behind the corrective action chosen, and other types of lessons learned about stakeholder management. Lessons learned are documented so that they become part of the historical database for the project/program and the performing organization. The lessons learned are compiled, formalized, and stored throughout the project's/program's duration.
Incorrect Answers:
B: An exceptions report is the same as a variance report. Kay would create a separate exceptions report for cost, and another for schedule.
C: A variance report may be appropriate but cost and schedule variances are reported differently. Kay could create a cost variance report and a schedule variance report, but not one report for both project attributes.
D: The information may go into the project final report but it should be included in the project's lessons learned information when it is discovered.
NEW QUESTION: 2
Which of the following is not a cash flow that results from the decision to accept a project?
A. Sunk costs.
B. Shipping and installation costs.
C. Externalities.
D. Opportunity costs.
E. Changes in working capital.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Sunk cost is not a relevant cash flow.
NEW QUESTION: 3
At 1 January 20X8 JKL has share capital of $500,000 and share premium $270,000. The nominal value of each equity share is 50 cents On 31 July 20X8 JKL made a 1 for 4 bonus issue.
What is the balance on share premium following the bonus issue of shares? Give your answer to the nearest $'000
Answer:
Explanation:
$270,000
NEW QUESTION: 4
Suppose that stocks A, B, C, and D are independent with respect to their price movement, and have probabilities of increasing of 0.25, 0.50, 0.40, and 0.30. What is the probability that stocks A and C will increase in price? In other words, find P(AC).
A. 10%.
B. 1.0%.
C. 11%.
D. 3.5%.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If events are independent, then the joint probability of them occurring together is just the product of the individual probabilities. So P(AC) = 0.25 * 0.40 = 10%. Note that we did not state whether the other stocks, B and D, increased in value or not.