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NEW QUESTION: 1
You are the project manager of the NQQ project. You are working with your project team to create the activity duration estimates for the project. For each reported activity duration, your project team offers you an addition of five percent extra time for risks, errors, or aggressive estimating. What does Parkinson's Law state about this scenario?
A. Laborers will create errors when time has been allotted for errors to exist.
B. Work expands to fulfill the amount of time allotted to it.
C. Errors will be allowed into assignments when management creates error opportunity.
D. Risks will be allowed into activities in which management creates risk provisions.
Answer: B
Explanation:
Parkinson's Law states that the work will expand to fulfill the time allotted to it. When you allow five percent additional time per activity the work will expand to consume the additional time that has been allotted to the project task. In other words, activities will not be completed early even if there are no errors or risks. Answer options B, D, and C are incorrect. These are not the valid definitions of Parkinson's Law.
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B. The same variant for open periods is used for all company codes.
C. The same fiscal year variant is used for all company codes.
D. The same chart of accounts is used for all company codes.
Answer: C,D
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