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NEW QUESTION: 1
True or False: The document type maintained in the asset transaction type is proposed but can be changed manually during posting.
A. False
B. True
Answer: B
Explanation:
You do maintain a default document type for posting in the asset transaction type. This is defaulted in certain transactions when you don't enter a separate one manually. An example that this can be changed is the integrated acquisition posting with supplier, where document type KR is used instead of the transaction type 100 with the default of AA.
NEW QUESTION: 2
You work as a Project Manager for company.com Inc. You along with your team need to level project resources. One of your team members is concerned about which project he should work on first. Which of the following attributes of the projects will determine which project your team should work on first when resource leveling is done?
A. It depends upon the project with the highest project priority set.
B. It depends upon the project manager's determination.
C. It depends upon the project with the nearest defined milestone.
D. It depends upon the tasks that require the project manager to work on the critical path.
Answer: A
Explanation:
The project priority is set within the Project Information dialog box and is valued from 1 to 1000 with 500
being the default. When a resource is used on multiple projects and resource leveling is used, the project
with the highest priority will use the resource's time first. Answer option C is incorrect. The project manager
may have some influence, but the software will schedule the project manager to work based on the project
priority. Answer option A is incorrect. Critical path activities are important, but it is not the determining factor,
as the project manager could have critical path activities in all projects. Answer option B is incorrect. The
nearest milestone is not the deciding factor of project priority.
How to enter project information?
Take the following steps to enter project information:
1. Select Project > Project Information.
2.Enter the information in the Project Information dialog box, and click the OK button.
Note: The Project Information dialog box is used to enter, review, or change initial information for a new
project.
The following options are available in the Project Information dialog box:
1. Start Date: It is used to specify the start date of the current project. This option is only available if Project Start Date is chosen from the Schedule from drop-down box. Microsoft Office Project calculates the finish date of the project based on the entered start date and assigns the default constraint of As Soon As Possible (ASAP). By default, the project start date is the current date. 2.Finish Date: It is used to specify the finish date of the current project. This option is only available if Project Finish Date is chosen from the Schedule from drop-down box. Project calculates the start date of the project based on the entered finish date and assigns the default constraint of As Late As Possible (ALAP).
3.Current date: It specifies the current date. By default, this date is generated by the computer's date and time.
4.Status date: It is used to specify the status date. The status date is used to perform earned value calculations, identify the complete-through date in the Update Project dialog box, and place progress lines. If the status date is set to NA, the current date is used as the status date.
5.Schedule from: It is used to specify whether the project is scheduled from a Project Start Date or a Project Finish Date. By default, projects are scheduled from the start date.
6.Calendar: It is used to specify the base calendar to be used for the project calendar.
7.Priority: It is used to indicate how readily tasks in the current project are delayed when resources are leveled across multiple projects. A number between 0 and 1000 can be typed or selected. A higher number indicates a higher priority project.
8.Statistics button: It is used to open the Project Statistics dialog box for the current project. The Project
Statistics dialog box is used to review scheduled and actual start and finish dates, durations, work, and costs.
NEW QUESTION: 3
What project management plan is most likely to direct the quantitative risk analysis process for a project in a matrix environment?
A. Human resource management plan
B. Staffing management plan
C. Risk management plan
D. Risk analysis plan
Answer: C
Explanation:
Explanation/Reference:
Explanation: The risk management plan defines how risks will be identified, analyzed, responded to, and then monitored and controlled regardless of the structure of the organization. AnswerD is incorrect. The human resources management plan does define how risks will be analyzed. Answer: B is incorrect. The staffing management plan does define how risks will be analyzed. Answer: A is incorrect. The risk analysis plan does define how risks will be analyzed.
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