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Risk management group develops risk management plan

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Reference no: EM133320193

True or False

1. Once the risk management group develops a risk management plan, the process of managing risk is a fairly static process.

2. The longer the project life, the more the project manager (PM) can trust that traditional methods and costs will be relevant since there will be more time for variations to average out.

3. One of the benefits of using a network for planning a project is It determines the dates on which tasks may be started.

4. For larger networks and multiple resources, resource leveling is fairly straight-forward.

5. Resource leveling improves morale and results in fewer problems in the personnel and payroll offices.

6. Float and free slack are the same thing.

7. Cost variance and spending variance are the same thing.

8. The project manager alone can prepare the cost estimates for their project.

9. Indices (CPI, SPI, and TPI) can be negative.

10. When the project is to deliver a product/service to an outside client, the project's scope cannot be altered without the client's permission.

Reference no: EM133320193

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