A ________ involves balancing of three critical factors: requirements, cost, and time.
A)WBS
B)trade-off
C)test plan
D)critical path

Question

Quizplus · Accepted Answer

A trade-off involves the balancing of three critical factors: requirements, cost, and time. This is a common challenge faced in project management, where project managers must prioritize and allocate resources to achieve the project goals, while also managing the constraints of budget and timeline. A WBS (Work Breakdown Structure) is a tool used to break down a project into smaller and manageable components, while a test plan outlines the testing approach and objectives. A critical path is the sequence of tasks that must be completed on time to ensure the project ends on schedule.

A ________ Involves Balancing of Three Critical Factors: Requirements, Cost