Which of the Following Project Audit Report Questions Addresses PMBOK's

question 35

Multiple Choice

Which of the following project audit report questions addresses PMBOK's time management knowledge area?

• A)Do value-related processes exist?
• B)Do scope-related processes exist?
• C)Do schedule-related processes exist?
• D)Are budget variances part of the project budget review?

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Definitions:

Utility Schedule

A utility schedule is a table that shows the relationship between quantities of a good or service consumed and the utility or satisfaction derived from that consumption.

Marginal Utility

The additional satisfaction or utility gained from consuming an extra unit of a good or service.

Total Utility

The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.

Marginal Utility

The additional satisfaction or benefit gained from consuming one more unit of a good or service.