A Project, Which Was Initiated Several Months Ago, Has Been

question 3

Multiple Choice

A project, which was initiated several months ago, has been impacted by the following changes: 1. An organizational restructure has altered the responsibilities of the stakeholders. 2. A new chief executive has been appointed, who has new ideas regarding the immediate focus of the project. Which of the following attributes in a requirements catalogue entry would need to be updated to reflect these changes?

• A) Owner, source.
• B) Priority, owner, version history.
• C) Rationale, priority, source.
• D) Version history, author, rationale.

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Definitions:

Direct Labor-Hour

A measure of the amount of time, typically in hours, that direct labor work directly on producing goods.

Budgeted Overhead

An estimate of all costs associated with production that are not direct labor or direct materials costs, projected for a specific period.

Cash Disbursements

A financial record of money being paid out or disbursed by a company, usually part of the cash outflow in its cash flow statement.

Manufacturing Overhead Budget

An estimate of all manufacturing costs excluding direct materials and direct labor, planned for a specific period.