A Contract Manager Is Reconciling Project Invoices and Needs to Charge

question 316

Multiple Choice

A contract manager is reconciling project invoices and needs to charge work performed by an outside contractor to a general ledger. Which of the following would be the BEST project document to reference for this information?

• A) Cost management plan
• B) WBS dictionary
• C) Statement of work
• D) Vendor selection matrix

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Definitions:

Meta-analysis

A statistical technique that combines the results of multiple scientific studies to arrive at a conclusion about a body of research, often used to assess the effectiveness of interventions.

Inferential Statistics

A branch of statistics that allows one to make predictions or inferences about a population based on a sample.

Arithmetic Mean

A measure of central tendency calculated by adding a set of numbers and dividing the sum by the count of those numbers.

Variability

The extent to which data points in a statistical distribution or set differ from each other and from their average.