Match Each of the Following Project Planning Activities with Its

question 147

Multiple Choice

Match each of the following project planning activities with its corresponding definition.
-During this activity,a plan is created and used to help assemble and deploy resources in the most effective manner.

• A)developing a communication plan
• B)developing a preliminary schedule
• C)estimating resources and creating a resource plan
• D)dividing the project into manageable tasks
• E)describing project scope,alternatives,and feasibility

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Definitions:

Capital

Financial assets or the monetary value of assets, such as buildings and machinery, invested in a business to create more wealth.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment.

Opportunity Cost

The economic impact of dismissing the next prime alternative while reaching a decision.

Scarce Resources

Limited supplies of inputs necessary for production, leading to trade-offs and choices in their allocation.