Lauren, a Project Manager, Has a Workload of 24,000 Hours

question 17

Multiple Choice

Lauren, a project manager, has a workload of 24,000 hours that needs to be completed in 30 weeks. She has a team of 20 people who work five 8-hour days per week. She notices that in the 30-week period, there are five holidays and 5 members have each requested 10 days off. Given this information, Lauren is _____ short of completing her workload.

• A) 1,200 hours
• B) 2,500 hours
• C) 2,000 hours
• D) 1,500 hours
• E) 3,800 hours

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Definitions:

Premium

The amount paid for an insurance policy or the cost above the nominal value of something.

Surety

A person or entity that assumes responsibility for another's performance of an obligation, such as the repayment of a loan or the fulfillment of a contract.

Suretyship Relationship

is a legal arrangement where a surety guarantees the performance of a debtor's obligation to a creditor, assuming liability if the debtor fails to fulfill the contractual obligation.

Principal Debtor

The main individual or entity responsible for repaying a debt or obligation.