Workshop 4
Quiz by Monisha Mohandas
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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