The Project Scope Document Defines ____ in Terms of the Statement

question 118

Multiple Choice

The project scope document defines ____ in terms of the statement of work and deliverables, and the WBS establishes the framework for ____ to produce the project deliverables.

• A) who will get the work done, how it needs to be done
• B) how the work will get done, what needs to be done
• C) what needs to be done, how the work will get done
• D) who needs to get the work done, who will get the work done

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Definitions:

Revenue

The complete sum of earnings derived from selling goods or offering services that are central to a company's core business.

Net Sales

The total revenue from sales less returns, allowances, and discounts.

Cost of Goods Sold

The straightforward costs related to the production of goods a company distributes, encompassing materials and labor expenses.

Gross Profit

The financial measure representing the difference between sales revenue and the cost of goods sold, indicating the efficiency of a company in managing its labor and supplies in production.