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Pair wise comparisons
D) Value engineering
B) Every fortnight
The frequency of iteration will vary based on the situation
D) Every week
Input: Cost of each decision Output: Probability of occurrence
B) Input: Cost of each decision Output: Decision made
Input: Scenario probability Output: Expected Monetary Value (EMV)
D) Input: Cost of each decision Output: Payoff
A) Reserves are included as part of earned value measurement calculations.
B) Reserves are not part of the project cost baseline.
C) The project manager needs to get approval before spending management reserve.
D) Reserves are usually included in the total budget of a project.
A) Scope statement
B) Requirement document
C) Project charter
D) Risk management plan