The Hierarchy of Project Tasks, Subtasks, and Work Packages Is

question 55

Multiple Choice

The hierarchy of project tasks, subtasks, and work packages is:

• A) work package.
• B) work breakdown structure.
• C) project milestone.
• D) activities.
• E) statement of work.

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Definitions:

Annual Cost Savings

The reduction in expenses that a company achieves within one year through cost-cutting measures or process improvements.

Pretax Return

The income or profit that a company generates before any taxes have been applied.

Discount Factor(s)

A mathematical factor used to calculate the present value of a future amount of money or stream of cash flows.

Intangible Benefits

Advantages or gains from a project or investment that are not directly quantifiable in monetary terms, such as improved customer satisfaction or brand reputation.