Which of the Following Is the First Step in Managing

question 39

Multiple Choice

Which of the following is the first step in managing projects?

• A) Determining participants and stakeholders
• B) Defining project objectives and scope
• C) Establishing checkpoints
• D) Identifying and obtaining necessary resources

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Definitions:

Time Tickets

Documents used to record the amount of time an employee spends on various tasks, often used for payroll or job costing.

Direct Labor

The wages and related benefits of employees who are directly involved in the production of goods or services.

Materials Requisition

The process of requesting and withdrawing materials from inventory for use in the production process or for other operational needs.

Source Document

An original record, such as an invoice or receipt, that evidences a business transaction.