Which of the Following Is a True Statement Regarding Project

question 101

Multiple Choice

Which of the following is a true statement regarding project time estimates?

• A) Project time estimates for task completion and overall system quality are significantly influenced by the assignment of people to tasks.
• B) Resource estimates should not be revised based upon the skills of the actual person assigned to a particular activity.
• C) Staff learning can be enhanced by assigning individuals to tasks which are "over their heads."
• D) Project time estimates are always on target.
• E) Hardware and software are the most important, and expensive, part of project resource planning.

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Definitions:

Inferior Good

An inferior good is one where demand decreases as the income of the consumer increases, opposed to a normal good where demand increases with an increase in income.

Price Elasticity

A determination of how price fluctuations affect the demand level for a good.

Demand Coefficient

A numerical measure of the sensitivity of demand for a good or service to a change in one of its determinants, such as price, income, or the price of related goods.

Buyer Responsiveness

THe degree to which consumers change their demand for a product or service in response to changes in its price or attributes.