Jose Is Forecasting Project Time and Cost for Constructing a New

question 66

Multiple Choice

Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount.Which of the following methods is he using?

• A)Ratio
• B)Template
• C)Apportion
• D)Function point
• E)Learning curve

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Definitions:

Institutionalization

The process by which practices and activities become established norms or standards within an organization or society.

Resist Change

The resistance to alter established habits, processes, or structures within an individual or group context.

Institutionalize

To establish something as a norm or standard in an organization or culture, often referring to the process of embedding practices, beliefs, or systems within an institution.

Transformational Leaders

Leaders who inspire and motivate followers to exceed their own self-interests for the good of the organization, and to achieve higher levels of achievement.