Which of the Following Statements Is True When the DPCI

question 29

Multiple Choice

Which of the following statements is true when the DPCI score for size is 3?

• A) The project management tools used are well tested and reliable.
• B) New tools and procedures may be needed for project management.
• C) The project management tools and processes will have to be adjusted but will probably work well.
• D) Project management tools and processes will have to be adjusted and it is not certain that they will work well.
• E) The tools required for managing projects of this size are not yet developed.

Grasp the essentials of risk management including identification, evaluation, mitigation, and sharing.

Recognize the correlation between project risk and project complexity.

Comprehend the roles of risk mitigation, avoidance, transfer, and sharing strategies in managing risk.

Learn about the process and significance of risk evaluation and the construction of a risk breakdown structure.

---

Definitions:

Work in Process

Inventory that includes goods partially completed; not yet ready for sale but are in various stages of the production process.

Predetermined Overhead Rate

The estimated overhead cost per unit of the allocation base, used to allocate overhead costs to products or services.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services.

Manufacturing Overhead

All indirect costs associated with the production process, such as maintenance, utilities, and quality control costs.