Victoria, a Project Manager, Has Undertaken a Project Similar to One

question 12

Multiple Choice

Victoria, a project manager, has undertaken a project similar to one she did earlier. Owing to her team's familiarity with the processes that are required to complete the project, Victoria is able to produce the required deliverable ahead of schedule. She achieves this by simultaneously completing two phases of work. In this scenario, which of the following does Victoria use to complete the project?

• A) A standard operating procedure
• B) Fast-tracking
• C) Micromanagement
• D) Crashing
• E) Resource leveling

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, capable of owning property, entering contracts, and being sued.

Income Tax Payable

The amount of income tax a company owes to the government but has not paid by the end of the period.

Prepaid Asset

An asset on the balance sheet representing goods or services paid for in advance, which are to be consumed in future accounting periods.

Pre-Tax Book Income

The income of a business before taking into account any tax liabilities, reflecting the company's financial performance without the impact of tax expenses.