The Project Budget Is Based on

question 77

Multiple Choice

The project budget is based on

• A) how well the project manager can use accounting software.
• B) the estimated costs associated with the quantities of resources to be used.
• C) the actual costs of the resources used for the project.
• D) the costs to do the resources before any indirect costs.

---

Definitions:

Factorial Design

A type of experimental design that allows researchers to examine the effects of two or more variables simultaneously by changing them together instead of independently.

Independent Variables

Factors deliberately manipulated by researchers to investigate their effect on dependent variables.

Dependent Variable

In research, it is the variable being tested and measured for change, to see how it responds to variations in the independent variable.

Systematic Variance

The portion of variation in an outcome that can be consistently explained by variables or factors in a study.