Liberty University BUSI 313 Quiz 4 Complete Solutions Correct Answers Key

A fully solved Quiz 4 for BUSI 313, ensuring thorough understanding.

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Liberty UniversityBUSI 313 quiz4Complete Solutions Correct Answers KeyQuestion 1 Disadvantages of outsourcing project work may likely include all of the followingEXCEPTQuestion 2 Experience indicates that colocation of project teams is not worth the extra costs.Question 3 When using the partnering approach to manage contracted relationships, each party'sgoals and objectives are similar but geared to what is best for them.Question 4 Which of the following is true in regard to negotiation when managing projects?Question5Principlednegotiationemphasizesdevelopingwin/winsolutionswhileprotectingyourself against those who would take advantage of your forthrightness. Which of the following isNOT one of the key points of principled negotiation?Question6Apartneringcharterstatesthecommongoalsfortheprojectaswellastheprocedures that will be used to achieve these goals.Question 7 What does the acronym BATNA stand for?Question 8 When considering principled negotiation, both buyers and sellers relying on the bluebook to establish price parameters of a used car would be an example ofQuestion 9 Jessica just received the following information on her project: PV = 200, EV = 300, AC= 250, BAC = 1500, EAC = 1208. In terms of cost at completion.Question 10 Which of the following is NOT true regarding scope creep?Question 11 Because of their easytounderstand visual format, tracking Gantt charts are the mostfavored, used, and understandable option for reporting project status.Question 12 The cost variance for a project is calculated byQuestion 13 A ___________ Gantt chart is a simple and effective way to depict progress on a project.Question 14 A project control system allows for comparing actual performance against plan toidentify deviations;however, the system doesn't impact the quality of communication betweenstakeholders.

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University

Liberty University

Course

BUSI 320

Subject

Business Management

Liberty University BUSI 313 Quiz 4 Complete Solutions Correct Answers Key

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