Business Studies, asked by vtradeberger, 3 days ago

You are closing the accounts you used to bill the project costs, but you still have some lingering expenses. Which best practice should you follow?

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Answered by yogeshsohan5588
4

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Project Management Foundations Exam Study Guide

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The boss has asked you to research project management tools that will help with building and planning tasks on a timeline. Which type of toll would you most likely consider?

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A Scheduling Program

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A project that you manage is behind schedule. You have identified an approach that would get the project back on track, but it would require you to break one of your organizations policies. What is the best course of action?

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Determine if the rule is one that can be broken and come up with an alternative plan of action if your approach doesn't work

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Operations Management

Conflict Management Skills

Project Management Tools

Change Management Process

Terms in this set (106)

The boss has asked you to research project management tools that will help with building and planning tasks on a timeline. Which type of toll would you most likely consider?

A Scheduling Program

A project that you manage is behind schedule. You have identified an approach that would get the project back on track, but it would require you to break one of your organizations policies. What is the best course of action?

Determine if the rule is one that can be broken and come up with an alternative plan of action if your approach doesn't work

Tiko and Camille's boss has a project in which the solution is a bit unclear. Tiko wants to use a waterfall approach and Camille wants to use the Agile approach. Which approach is best and why?

Agile is best because it delivers partial solutions at regular intervals.

Your organization runs numerous projects and wants to choose the most appropriate resources for each project team. Which of the following is the best tool for identifying project resources?

enterprise project management software

During which process group does the project manager orient team members to the project and expectations?

executing

What are the components that differentiate a project from operational work?

a unique goal, a temporary endeavor, and usually a budget

James is managing a project in which he has some authority to make decisions. In which type of organizational structure is James most likely managing this project?

a matrix organization

Ravi took on a system implementation project that he estimated would take six months to complete, but the work keeps continuing. What is the likely cause?

The project is not clearly defined.

Answered by forrealcmor
10

Answer:

You are closing the accounts you used to bill the project costs, but you still have some lingering expenses. Which best practice should you follow?

Explanation:

Accounts should not stay open for longer than needed.  Accounts should not be ended prematurely and given to the accounting department to handle.  You are the owner of the project and need to stay in tune with all processes of the project.  Opening a second project would not be ideal because that makes the first project fail and the second project just a continuation of the first which doesn't make sense.

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