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The WBS Provides a Basis for Creating the Project Schedule

question 15

True/False

 The WBS provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.


Definitions:

Drawer

In financial contexts, refers to the person who writes or issues a cheque or draft instructing the bank to pay a specific amount of money.

Draft

An order or bill of exchange instructing the payment of a specified sum of money from one party to another, often used in international trade.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Signature

A person’s handwritten or digital mark or stamp, used to signify agreement, approval, or identity.

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