Project Controls PC 09 Rev 04

People and Labour are usually recognised as what type of project spend?

• CAPEX

• OPEX

Plant & Equipment are usually accepted as CAPEX items?

• True

• False

Who can authorise the use of Management Reserves?

• Project Manager

• CEO

• Cost Engineer

• None of the options listed

What is a term used for Money associated to complete specific phases of a project ?

• Purchase Order

• Contingency

• Allowance

• Baseline

A tax that all limited companies must pay and it's a tax that's payable against the profits a company makes is called what?

• VAT

• Corporate Tax

• Income Tax

• Import Duty

Work Packages are linked to which process

• Change Control

• Risk

• WBS

• Assumptions

The Network Path shown having zero float is called what?

• Zero Path

• Total Float

• Critical Path

• Critical Cover

Work Packages grouped together can be given the term Control accounts?

• True

• False