Which of These Is the Best Guideline for Determining How

question 13

Multiple Choice

Which of these is the best guideline for determining how far a team should go in breaking down the WBS?

• A) Each work package should require between 1-8 hours to complete,
• B) Each work package should require between 8 and 800 hours to complete.
• C) If it is useful for planning, accountability, or control purposes to break a task down into smaller component parts, then do so.
• D) The level of detail the project team uses in planning a project should match the level of detail it uses for control.
• E) None of the above

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Definitions:

Interest

The cost of borrowing money or the earnings from lending money, calculated as a percentage of the principal amount.

Simple Interest Rate

A rate used to calculate the interest charge on a loan over a specific period of time, not accounting for the effect of compounding.

Investment

The act of distributing funds or resources in anticipation of earning profits or income.

Interest

The fee earned from lending money or the cost incurred for borrowing money, often expressed as an annual percentage rate.