Quiz: Set up a BD project

This is a true/false quiz.

Click the statement to see the answer.

1. You create a project that contains a BD phase, which you use to track your business development efforts.

   True.  If you win the project, you can later use other phases to budget, schedule, and bill for the work.

2. The status of a BD project determines if it or any of its phases can be billable.

   True. If you assign the project a status of Preliminary, it indicates it is not yet billable. If you assign it a status of Active, it is then billable. You can then control if phases are billable by their status.

3. To see the Business Development subtab, you must first click the Business Development phase in the project tree on the right of the window.

   True.

Back to the lesson