Question :
True / False
1.Overrun the additional percentage amount by which estimates : 1525101
True / False
1.Overrun is the additional percentage amount by which estimates exceed actual costs.
a.True
b.False
2.The primary output of the planning cost management process is a change request.
a.True
b.False
3.IT project managers must be able to present and discuss project information both in financial and technical terms.
a.True
b.False
4.Project managers must conduct cash flow analysis to determine net present value.
a.True
b.False
5.Intangible costs can be easily measured in monetary terms.
a.True
b.False
6.When deciding what projects to invest in or continue, one should include sunk costs.
a.True
b.False
7.It is important for project managers to focus on indirect costs because they can be easily controlled.
a.True
b.False
8.If an important supplier goes out of business, management reserves can be set aside to cover the resulting costs.
a.True
b.False
9.Contingency reserves are also known as unknown unknowns.
a.True
b.False
10.A cost management plan can include organizational procedures links, control thresholds, and process descriptions.
a.True
b.False
