Cost Management does not entail all processes required to ensure the project is completed within the budget approved for the project.Question 1Answera.disagreeb.agreec.yesd.no

Which of the following statements below regarding the process of developing a project budget is true?The project manager should refer to the responsibility matrix when developing the budget.Overhead costs show the costs of external resources utilized by the project.The project manager may refer to budget estimates from prior projects.Budgeting for effort includes the costs for all non-people resources.

Cost budgeting can be best described by which of the following?1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation thatcould occur during the project2. The process of assembling and predicting costs of a project over its life cycle3. The process of establishing budgets, standards, and a monitoring system by which the investment cost of the projectcan be measured and managed4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis

Which of the following is not a project management goal? Keeping overall costs within budget Delivering the software to the customer at the agreed time Maintaining a happy and well-functioning development team  Avoiding customer complaints

Quality Management entails all the processes involved to ensure that the project delivers the need for which it was undertaken.Question 5Answera.yesb.agreec.nod.disagree

______________processes to ensure that all the work required to complete the project is defined.Question 9Answera.Integration managementb.Cost managementc.Time managementd.Scope management