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Workshop 4

Quiz by Monisha Mohandas

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5 questions
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  • Q1

    What is a project budget?

    The exact total cost to complete the project

    Includes a detailed estimate of all costs for a particular phase out of the entire project

    The estimated cost for one phase of a project

    Includes a detailed estimate of all costs that are likely to be incurred before the project is completed

    30s
  • Q2

    Which technique does RSPO use to do budgeting?

    Zero based budgeting

    Activity based budgeting

    Value proposition budgeting

    Incremental budgeting

    30s
  • Q3

    What is resource management?

    Practice of identifying activities and managing resources related to the activities

    Practice of managing people in a particular project

    Practice of planning, scheduling, and allocating people, money, and technology to a project or program

    Practice of planning and managing resources in a project

    30s
  • Q4

    What tools can be used for budget allocation?

    All of the mentioned

    Pen and paper

    Google sheet/ Microsoft Excel

    Business Budgeting software

    30s
  • Q5

    What are the 3 types of resources in resource management?

    Time, Effort, Material

    People, Time, Effort

    Time, Capital, Material

    People, Capital, Material

    30s

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