This Resource of the PMO Works with Human Resources in Providing

question 48

Multiple Choice

This resource of the PMO works with human resources in providing job descriptions, roles and responsibilities, and how to measure performance against those roles and responsibilities.

• A) Process improvement manager
• B) Chief project officer
• C) Resource manager
• D) Project planner

---

Definitions:

Cost of Capital

The rate of return that a firm must earn on its project investments to maintain its market value and attract funds.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Capital Lease

A lease agreement that qualifies as a purchase of an asset for accounting purposes, because it substantially transfers all the benefits and risks of ownership to the lessee.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow, over a similar term and with a similar security, the funds needed to obtain an asset lease.