The Project Control Process Must Occur Regularly Throughout the Project

question 111

Multiple Choice

The project control process must occur regularly throughout the project and include all of the following except

• A) Record information on changes to the project scope, schedule, and budget.
• B) Gather data on actual performance.
• C) Having a single inspection of the project's deliverables at the end of the project.
• D) Establish regular reporting meetings to compare actual to planned progress.

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Definitions:

Interval Estimation

A scope of values, from collected sample data, that is likely to embody the value of an unexplored population parameter.

Confidence Interval

A range of values, derived from the sample statistics, within which there is a specified level of confidence where the true parameter lies.

Standard Error

The standard deviation of the sampling distribution of a statistic, typically mean, estimating the variability.

Confidence Interval

A lineup of values, acquired through sample analysis, supposed to include the unascertained value of a population parameter.