Which of the Following Is True About the Development of a Scope

question 29

Multiple Choice

Which of the following is true about the development of a scope document?

• A) On a large, complex project, the development of the project scope document can take weeks.
• B) The final approval of a project scope belongs to the project manager.
• C) Feedback on the scope document is rarely solicited from the project team.
• D) Typically, the client will develop the first draft of the project scope.
• E) The client will attempt to develop consensus around the project scope.

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Definitions:

Laspeyres Index

A price index used to measure the change in the cost of purchasing a fixed basket of goods and services of the same type and quantity over time.

Prices

The amounts of money required to purchase goods or services, setting the economic value of said goods or services in the market.

Consumption Bundle

A combination of goods and services that a consumer chooses to consume.

Subsidy

Financial support given by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.