Question

Question: Project was given a fixed budget to complete by a certain date, but project is...

Question: Project was given a fixed budget to complete by a certain date, but project is running behind. Which triple constraint can the project team adjust to complete the project on schedule? Answer Choices: Time, Risk, Cost, Scope

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The triple constraint that the project team can adjust to complete the project on the schedule includes  Time.

Triple constraint is a model of the constraints essential in managing a project. It says that the success of the project can be impacted by its budget, deadlines, and features. as the project is running behind the due date, the component of triple constraint that the team must adjust to complete the project on schedule is time. Time constraint describes the total time required for the completion of each part of the project that can be managed by the team.

Your thumbs-up matters the most for the encouragement. Thank you!

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question: Based on the WBS for a project with the requirement to lower a restaurant’s food...
Question: Based on the WBS for a project with the requirement to lower a restaurant’s food cost, preliminary work performance date indicate that the initial target has not ben achieved. The project manager is reviewing suggestions to identify suitable actions for closing the gap. Once the desired scope change has been selected, the project manager will update the project plan. Which scope describes the actions that the project manager should take? Answer Choices: The change in scope is funded in...
Data for a project is given below: Activity Duration (months) Precedence Budget or Plnd. Cost Percent...
Data for a project is given below: Activity Duration (months) Precedence Budget or Plnd. Cost Percent Completed A 3.00 - 15000 1.00 B 1.00 A 5000 0.00 C 2.00 A 10000 1.00 D 3.00 A 21000 0.50 E 2.00 B,C 32000 0.00 F 1.00 C 5000 0.00 G 1.00 C 5500 0.00 The project started on June 1st. The project has a planned duration of 7 months. Data below are planned cost and actual cost (spent) from June to November:...
Please do not assume any value Calculate % complete from this data. • The project is...
Please do not assume any value Calculate % complete from this data. • The project is expected to add 6 new features. • The projected cost for the project is $400,000 and my development time is 12 months. • At the end of month 4 we spent $70,000 per feature and completed the development of two new features. • The team is about to start the development of the third new software feature. Requirement:: Calculate the Earned Value from the...
Question 12 The constant difference (higher or lower) between actual demand and forecast demand is called...
Question 12 The constant difference (higher or lower) between actual demand and forecast demand is called what? It can also be found using the running sum of the forecasting error and the mean forecast error. Group of answer choices error magnitude mean absolute percent error bias Question 13 How much the forecast deviates from the actual observations is called what? It can be found by using MAPE and SDFE. Group of answer choices error running sum of the forecasting error...
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT...
QUESTION 3 – PM SKILLS AND RISK [25 MARKS] Your Senior Project Manager at Super IT Pty. Ltd. is extremely satisfied with your project selection and your Project Scope. Your Senior Project Manager has then shared their experiences while developing their previous projects. These included past projects having delayed schedule problems. Therefore, he/she has suggested that you need to explore all such potential factors that may contribute to your chosen project and create action plans. On the top of this,...
Which of the following best describes a project management plan? The project charter, WBS, and project...
Which of the following best describes a project management plan? The project charter, WBS, and project scope statement The schedule, management plans, and budget A formal, approved document used to control the project The project manager's plan for managing and controlling the work The engineering department wants the project objective to be a 10 percent improvement in throughput. The information technology department wants no more than 5 percent of its resources to be used on the project. Management, who is...
QUESTION 1 Average fixed costs: 1. are always falling with increases in production. 2. are dependent...
QUESTION 1 Average fixed costs: 1. are always falling with increases in production. 2. are dependent on marginal costs. 3. are always rising with increases in production 4. are dependent on average variable costs. QUESTION 2 If a firm is experiencing diseconomies of scale, then the long-run average cost curve is 1. shifting. 2. rising. 3. horizontal. 4. falling. QUESTION 3 A U-shaped long-run average cost curve indicates that 1. diseconomies of scale follow economies of scale 2. economies of...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has...
Project Integration Management Questions Only A team member notifies you, after the fact, that she has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change? Make sure marketing is aware of the change. Implement change control processes to track the change. Inform the customer. Understand what functionality was added. You are having difficulty getting a project underway. You have not been able to get...
Reply to the answer below about the question about enlisting others "If you are to be...
Reply to the answer below about the question about enlisting others "If you are to be successful at "enlisting others," how will you connect to what is meaningful to others on your team?": In my opinion successful enlisting would depend on the goals of the situational demand. The team may require certain elements which would be useful for their own self-interest but not align with the goals and the scope of the organization as a whole, it is, therefore, necessary...
Choose the right answer for these three question 1)If there are 20 people on a project...
Choose the right answer for these three question 1)If there are 20 people on a project team, how many two-way communication paths are there? a.45 b.90 c.190 d.110 2) Which of the following would not be a reasonable way to present an estimate if you are worried that someone will think you are padding effort or time? a.range of values b.point estimate with associated probability c.the pessimistic estimate d. none of the above 3) Which of the following activity-based estimating...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT