Complex Projects Such as Research and Development for New Products

question 34

Multiple Choice

Complex projects such as research and development for new products often employ rolling wave planning to estimate costs.Which of the following best describes "rolling wave" planning? 

• A) Project managers render a definitive estimate for the first stage and an order of magnitude estimate for the remainder of the project. 
• B) Project managers render an order of magnitude estimate for the first stage and a definitive estimate for the remainder of the project. 
• C) Project managers render definitive estimates for all stages of the project during initiation. 
• D) Project managers render an order of magnitude estimate for all stages of the project.

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Definitions:

Thirty Years' War

A destructive conflict in Central Europe between 1618-1648, involving many European powers, initially fought largely as a religious war between Protestants and Catholics.

Saint Bartholomew's Day Massacre

A targeted group of assassinations, followed by a wave of Catholic mob violence, against the Huguenots (French Calvinist Protestants) in 1572.

Huguenots

French Protestants who followed the Reformed tradition, heavily persecuted in France before being granted rights in the Edict of Nantes in 1598.

Tithe

A tax or levy, traditionally one tenth of a person's income, paid to support the church or clergy.