A Project Manager Has Gathered Time Estimates for a New

question 198

Multiple Choice

A project manager has gathered time estimates for a new project's activities and is now ready to begin developing the schedule. Which of the following would the project manager most likely do NEXT?

• A) Create a WBS.
• B) Determine predecessors and dependencies.
• C) Determine the critical path.
• D) Prioritize tasks.

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Definitions:

Useful Life

The estimated duration of time that an asset is expected to be functional and contribute to a company's operations, used for depreciation calculations.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or decline in effectiveness.

Lump-Sum Purchase

A financial transaction where a single payment is made for a group of assets or items instead of buying them individually.

Basket Purchase

The acquisition of a group of assets or products together in a single transaction, often at a bundled price.