Which of the following is FALSE with respect to resource estimation activity?

A) This information is used to create a project resource plan.
B) Project managers use a variety of tools to assist in making estimates of project size and costs. The most widely used method is called COCOMO.
C) Resource estimates may need not be revised based upon the skills of the actual person (or people) assigned to a particular activity.
D) People are the most important, and expensive, part of project resource planning.


C

Business

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All these are characteristics of an entrepreneurial environment except: 

A. new ideas are encouraged. B. the organization operates on frontiers of technology. C. there are short term horizons. D. it uses a multidiscipline teamwork approach.

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Consumer experts typically recommend all of the following rules when buying life insurance EXCEPT

A) Consider the financial strength of the insurer. B) Deal with a competent agent. C) Ignore all factors other than cost. D) Shop around for a low-cost policy.

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Biff deposited $9,000 in a bank account, and 10 years later he closes out the account, which is worth

$18,000. What annual rate of interest has he earned over the 10 years? A) 7.18% B) 6.45% C) 10.0% D) 9.10%

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The systems implementation and operation phase of the SDLC is analogous to the maintenance process of implementing changes

Indicate whether the statement is true or false

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