What is the relative frequency of unit costs amounting to $55.00/unit?

The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. What is the relative frequency of unit costs amounting to $55.00/unit?A . 22.22%B . $55.00C . 2D . 338.5View...

April 16, 2025 No Comments READ MORE +

Which statement best describes the type of information available for a design phase estimate?

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of...

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What is the current cost performance index (CPI)?

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. 9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to...

April 12, 2025 No Comments READ MORE +

According to Maslow's hierarchy of needs, which level should be satisfied first?

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of...

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What does this scenario describe?

Productivity increases with time. This improvement is commonly associated with improvements in efficiency brought about by increased experience and skill levels. What does this scenario describe?A . Productivity efficiency factorB . Value engineeringC . Cash flowD . The learning curveView AnswerAnswer: D Explanation: The learning curve describes the phenomenon where...

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____________ is the application of total resources ($-workers-supports) and activity durations of the logic diagram.

____________ is the application of total resources ($-workers-supports) and activity durations of the logic diagram.A . PlanningB . ForecastingC . SchedulingD . ModelingView AnswerAnswer: C Explanation: Scheduling is the process of assigning resources (such as labor, materials, and equipment) to project activities and determining the timing and sequence of these...

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Why is a +/- notation necessary when developing an estimate?

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of...

April 2, 2025 No Comments READ MORE +