Project Status Meetings Have Poor Attendance

question 453

Multiple Choice

Project status meetings have poor attendance. A SME from the hardware team dominates the meetings when questions are asked, not allowing input from other members. Which of the following steps should the PM take to make the meetings more productive? (Select two.)

• A) Facilitate the meetings by adhering to the agenda.
• B) Encourage interaction among team members during the meetings.
• C) Ensure meetings minutes are accurately recorded.
• D) Adjust the number of meetings.
• E) Change the number of action items.
• F) Schedule impromptu meetings when the SME is absent.

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Definitions:

Direct Costing

A costing method where only variable manufacturing costs are assigned to inventory and cost of goods sold, with fixed manufacturing overhead treated as a period cost.

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold, with fixed overhead costs treated as period expenses.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including both materials and labor costs.

Absorption Costing Income Statement

An income statement where all manufacturing costs, both variable and fixed, are treated as product costs, with non-manufacturing costs treated as period costs.