Project Management

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A four step risk assessment process reflecting standard…

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A four step risk assessment process reflecting standard risk management good practice consists of:

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  1. Risk identification, Risk deflection, Risk impact analysis, Risk monitoring and control
  2. Risk acceptance, Risk impact analysis, Risk response planning, Risk monitoring and control
  3. Risk deflection, Contingency planning, Risk impact analysis, Risk monitoring and control
  4. Risk identification, Risk impact analysis, Risk response planning, Risk monitoring and control

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Which of the following shows resource allocation over time?

Select one:

  1. Resource Gantt chart
  2. Resource matrix
  3. S-Curve
  4. Resource leveling

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In resource planning, one of the issues that needs to be considered is:

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  1. Staff empowerment
  2. Technical requirements of the project
  3. Theory X management principles
  4. Theory Y management principles

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Which of the following is an example of a project?

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  1. Maintaining e-mail addresses
  2. Capacity planning
  3. Submitting travel and expense reports
  4. Sending monthly reports to top management

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Internal Rate of Return (IRR) is the discount rate that sets the present value of cash outflow equal to the present value of cash inflow.

Select one:

  1. true
  2. false

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Milestones, like tasks, consume resources.

Select one:

  1. true
  2. false

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The critical path:

Select one:

  1. Provides the duration of a project
  2. Has the shortest duration on a project
  3. Is the most expensive path to implement
  4. Contains the project’s most significant tasks

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A project team structure that closely reflects the physical structure of the deliverable is known as:

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  1. Egoless
  2. Specialty
  3. Surgical
  4. Isomorphic

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Under what conditions may a project manager accept a change request?

Select one:

  1. If the request has no effect on project objectives, deadlines, or resources
  2. If the request has no effect on project objectives, although it has effects on deadlines and resources
  3. If the request is coming from a valued customer
  4. If the request is from the Chief Executive Officer

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A modern view in Human Resource Management is that positive motivation results from an opportunity to achieve and experience self-actualization.

Select one:

  1. true
  2. false

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Rapid prototyping is a methodology for:

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  1. Specifying requirements at the outset and for controlling very tightly any changes to them
  2. Specifying requirements at the outset and for facilitating later changes to them with minimum customer in put
  3. Triggering early warning of unauthorized changes to the original prototype to enable project management to take remedial actions
  4. Working closely with customers by creating and updating prototypes that respond to customer input

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Functional requirements provide us with detailed technical specifications.

Select one:

  1. true
  2. false

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An autocratic management style:

Select one:

  1. Is effective in most project management situations
  2. Is effective in highly routine efforts
  3. Is effective in high flux, state-of-the-art projects
  4. Will lead to the tyranny of the majority

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Bottom-up estimates:

Select one:

  1. Are based on historical trends
  2. Can be derived from the WBS
  3. Must employ Monte Carlo simulation
  4. a and c

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A key weakness of the Benefit-Cost ratio project selection mechanism is that:

Select one:

  1. It only focuses on things that can be measured
  2. It takes time frame into consideration
  3. It is too much based on subjective judgment
  4. It does not entail prioritizing

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A key characteristic of an effective project team is that:

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  1. Members have graduate degrees in project management
  2. Members come from the same professional background
  3. Members see themselves as stakeholders in the project
  4. Members adhere to a prescribed pecking order

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Structured Walk-Through is a methodology used in:

Select one:

  1. PERT
  2. GERT
  3. VERT
  4. Project Evaluation

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A project can be terminated prematurely because the original objectives may no longer be valid.

Select one:

  1. true
  2. false

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Under rapid prototyping (also called application prototyping), the customer actually sees and works with the deliverable as it evolves.

Select one:

  1. true
  2. false

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The resource planning tool that enables us to identify who we need to carry out what tasks is called:

Select one:

  1. A resource Gantt chart
  2. A resource matrix (also called the responsibility chart)
  3. A resource ogive
  4. A resource loading chart (also called a resource histogram)

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An objective of prototyping is to minimize life-cycle cost.

Select one:

  1. true
  2. false

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The purpose of mid-project evaluation is:

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  1. Continual monitoring of budget and estimates
  2. To focus on achievement of individual element of the project plan
  3. To determine whether the original objectives are still relevant
  4. To re-baseline the project budget

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Scope creep means:

Select one:

  1. Needs emergence and identification
  2. Uncontrolled changes to a project’s requirements during project execution
  3. Migration of project needs to requirements
  4. Imprecise scope statement
管理学作业代写
管理学作业代写

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Which of the following is a scope planning tool?

Select one:

  1. Benefit/cost analysis
  2. WBS
  3. Earned Value analysis
  4. Fast tracking

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Good functional requirements

Select one:

  1. Describe how the deliverable should be developed
  2. Provide detailed technical insights into what the deliverable will do
  3. Describe what the deliverable looks like and what it should do
  4. Are created after development of the technical specifications

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Confidence in the accuracy of a cost estimate increases when top-down and bottom-up estimates converge.

Select one:

  1. true
  2. false

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If you want to shorten the length of a project, you must:

Select one:

  1. Shorten the critical path
  2. Shorten the free float
  3. Spend more money
  4. Cut back on the features you plan to deliver

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Configuration management is a:

Select one:

  1. Methodology for working closely with customers by developing and updating requirements for faster response to changing customer needs
  2. Methodology for ensuring that requirements evolve with evolving customer requirements
  3. Methodology for specifying requirements at the outset and for controlling very tightly any changes to them
  4. Methodology for specifying requirements at the outset and for facilitating any changes to them with minimum customer input

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Needs recognition is the first stage of the needs-requirement life cycle.

Select one:

  1. true
  2. false

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A challenge of the matrix project organization is that:

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  1. Team members are full of ego
  2. Team members are selected from the same functional area
  3. Team members have divided loyalties
  4. It enables functional managers to provide career guidance to their workers

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If review of a project’s status indicates that EV = $400, AC = $400, and PV = $500, the project is:

Select one:

  1. On budget, behind schedule
  2. On budget, ahead of schedule
  3. Over budget, behind schedule
  4. Over budget, ahead of schedule

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A key objective of change control in configuration management is to keep track of actions taken in response to change requests.

Select one:

  1. true
  2. false

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Using working time or elapsed time to calculate the time it will take to complete a task produces the same results.

Select one:

  1. true
  2. false

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Which of the following is an elapsed time task?

Select one:

  1. Paint is drying
  2. A painter paints the wall
  3. Software is being written
  4. A sandwich is being made

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According to PMI, a WBS should focus on

Select one:

  1. Tasks
  2. Deliverables
  3. Interrelationships among activities
  4. Cost of the project

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An effective project manager must:

Select one:

  1. Tell his team members what to do
  2. Be the most capable person on the team technically
  3. Be focused on achieving results
  4. Not trust his team members to achieve results without his personal attention to detail

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Which of the following is a characteristic of an effective reporting system?

Select one:

  1. SMART
  2. KISS
  3. MBO
  4. LOWBALLING

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The poor man’s hierarchy is a method for:

Select one:

  1. Project estimation
  2. Project scheduling
  3. WBS construction
  4. Project selection

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In risk management, insurance is an example of:

Select one:

  1. Risk avoidance
  2. Risk deflection
  3. Risk acceptance
  4. Contingency planning

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In project management, the level of uncertainty plays a major role in determining the adequacy of a project plan.

Select one:

  1. true
  2. false

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Definitive estimates are generally derived from:

Select one:

  1. Bottom-up estimates
  2. Top-down estimates
  3. Expert judgment cost estimates
  4. Order of magnitude estimates

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Which of the following methods involves performing tasks in parallel?

Select one:

  1. Crashing
  2. Fast tracking
  3. Leveling
  4. Hammocking

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A tool that graphically shows cost variance is:

Select one:

  1. A chart of accounts
  2. A code of accounts
  3. A histogram (also called a resource loading chart)
  4. A cumulative cost curve (also called S-curve)

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A work package is to be found at the summary level of the WBS.

Select one:

  1. true
  2. false

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When crashing a project, we typically choose critical path tasks whose costs of crashing are highest.

Select one:

  1. true
  2. false

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The astute project manager typically uses only one management style in order not to confuse his/her teammates.

Select one:

  1. true
  2. false

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Top-down estimates (also called parametric estimates):

Select one:

  1. Are based on historical trends
  2. Can be derived from the WBS
  3. Can be determined by analyzing work packages
  4. Provide accurate assessments of project costs

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A laissez-faire management style may lead to a ship without rudder syndrome.

Select one:

  1. true
  2. false

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If EV = $300, AC = $400, and the project budget is $1,000, what is the estimated final cost of the project (this is known as EAC, estimate at complete)?

Select one:

  1. $750
  2. $1,000
  3. $1,250
  4. $1,333

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A major strength of task Gantt charts is that they can:

Select one:

  1. Offer a sophisticated model of a project
  2. Show how many resources will be used on the project
  3. Show the interdependencies of tasks
  4. Show actual versus planned schedule status

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