In resource planning, one of the issues that needs to be considered is: Question 1 answers a. Staff

In resource planning, one of the issues that needs to be
considered is:
Question 1 answers
a. Staff
empowerment
b. Technical
requirements of the project
c. Theory X
management principles
d. Theory Y
management principles
Question 2 text Question 2 1
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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.
Question 2 answers
True
False
Question 3 text Question 3 1
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The critical path:
Question 3 answers
a. Provides
the duration of a project
b. Has the
shortest duration on a project
c. Is the
most expensive path to implement
d. Contains
the project’s most significant tasks
Question 4 text Question 4 1
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If review of a project’s status indicates that EV = $400, AC
= $400, and PV = $500, the project is:
Question 4 answers
a. On budget, behind schedule
b. On budget, ahead of schedule
c. Over budget, behind schedule
d. Over budget, ahead of schedule
Question 5 text Question 5 1
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When we have objective data on the probability of an event,
we are involved with decision making under certainty.
Question 5 answers
True
False
Question 6 text Question 6 1
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The astute project manager typically uses only one
management style in order not to confuse his/her teammates.
Question 6 answers
True
False
Question 7 text Question 7 1
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Under what conditions may a project manager accept a change
request?
Question 7 answers
a. If the
request has no effect on project objectives, deadlines, or resources
b. If the
request has no effect on project objectives, although it has effects on
deadlines and resources
c. If the
request is coming from a valued customer
d. If the
request is from the Chief Executive Officer
Question 8 text Question 8 1
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Needs recognition is the first stage of the
needs-requirement life cycle.
Question 8 answers
True
False
Question 9 text Question 9 1
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Which of the following is a characteristic of an effective
reporting system?
Question 9 answers
a. SMART
b. KISS
c. MBO
d. LOWBALLING
Question 10 text Question 10 1
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Milestones, like tasks, consume resources.
Question 10 answers
True
False
Question 11 text Question 11 1
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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.
Question 11 answers
True
False
Question 12 text Question 12 1
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The bottom-most level of the WBS — the level at which
project budget and schedule data are captured — is called:
Question 12 answers
a. Work
package
b. Code of
accounts
c. Budget
baseline
d. Change
control level
Question 13 text Question 13 1
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Confidence in the accuracy of a cost estimate increases when
top-down and bottom-up estimates converge.
Question 13 answers
True
False
Question 14 text Question 14 1
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A tool that graphically shows cost variance is:
Question 14 answers
a. A chart
of accounts
b. A code of
accounts
c. A
histogram (also called a resource loading chart)
d. A
cumulative cost curve (also called S-curve)
Question 15 text Question 15 1
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Concurrent engineering involves overlapping tasks and phases
to accelerate a project’s schedule.
Question 15 answers
True
False
Question 16 text Question 16 1
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Configuration management is a:
Question 16 answers
a. Methodology
for working closely with customers by developing and updating requirements for
faster response to changing customer needs
b. Methodology
for ensuring that requirements evolve with evolving customer requirements
c. Methodology
for specifying requirements at the outset and for controlling very tightly any
changes to them
d. Methodology
for specifying requirements at the outset and for facilitating any changes to
them with minimum customer input
Question 17 text Question 17 1
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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.
Question 17 answers
True
False
Question 18 text Question 18 1
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Good functional requirements
Question 18 answers
a. Describe
how the deliverable should be developed
b. Provide
detailed technical insights into what the deliverable will do
c. Describe
what the deliverable looks like and what it should do
d. Are
created after development of the technical specifications
Question 19 text Question 19 1
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A challenge of the matrix project organization is that:
Question 19 answers
a. Team
members are full of ego
b. Team
members are selected from the same functional area
c. Team
members have divided loyalties
d. It
enables functional managers to provide career guidance to their workers
Question 20 text Question 20 1
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Bottom-up estimates:
Question 20 answers
a. Are based
on historical trends
b. Can be
derived from the WBS
c. Must
employ Monte Carlo simulation
d. a and c
Question 21 text Question 21 1
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A major strength of task Gantt charts is that they can:
Question 21 answers
a. Offer a
sophisticated model of a project
b. Show how
many resources will be used on the project
c. Show the
interdependencies of tasks
d. Show
actual versus planned schedule status
Question 22 text Question 22 1
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There is a definite link between the level of risk an
enterprise encounters and project time frame.
Question 22 answers
True
False
Question 23 text Question 23 1
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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)?
Question 23 answers
a. $750
b. $1,000
c. $1,250
d. $1,333
Question 24 text Question 24 1
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Rapid prototyping is a methodology for:
Question 24 answers
a. Specifying
requirements at the outset and for controlling very tightly any changes to them
b. Specifying
requirements at the outset and for facilitating later changes to them with
minimum customer in put
c. Triggering
early warning of unauthorized changes to the original prototype to enable
project management to take remedial actions
d. Working closely
with customers by creating and updating prototypes that respond to customer
input
Question 25 text Question 25 1
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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.
Question 25 answers
True
False
Question 26 text Question 26 1
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Under rapid prototyping (also called application
prototyping), the customer actually sees and works with the deliverable as it
evolves.
Question 26 answers
True
False
Question 27 text Question 27 1
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Top-down estimates (also called parametric estimates):
Question 27 answers
a. Are based
on historical trends
b. Can be
derived from the WBS
c. Can be
determined by analyzing work packages
d. Provide
accurate assessments of project costs
Question 28 text Question 28 1
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Ensuring a one-to-one correspondence between specification
items and general design items is a feature of:
Question 28 answers
a. Scope
statement definition
b. WBS
construction
c. Rapid
prototyping
d. Configuration
management
Question 29 text Question 29 1
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Which of the following methods involves performing tasks in
parallel?
Question 29 answers
a. Crashing
b. Fast
tracking
c. Leveling
d. Hammocking
Question 30 text Question 30 1
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If you want to shorten the length of a project, you must:
Question 30 answers
a. Shorten
the critical path
b. Shorten
the free float
c. Spend
more money
d. Cut back
on the features you plan to deliver
Question 31 text Question 31 1
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Functional requirements provide us with detailed technical
specifications.
Question 31 answers
True
False
Question 32 text Question 32 1
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If the latest time you can start a task is five hours into
the project, and the earliest time is three and a half hours into the project,
how much slack (also called float) does the task have?
Question 32 answers
a. 0.5 hours
b. 1.5 hours
c. 2.5
hours
d. 8.5 hours
Question 33 text Question 33 1
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The type of management whose focus is on activities whose
variances lie outside the acceptable range is:
Question 33 answers
a. Management
by Objectives
b. Management
by Exception
c. Management
by Walking Around
d. Management
by Control Limits
Question 34 text Question 34 1
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Which of the following is a scope planning tool?
Question 34 answers
a. Benefit/cost
analysis
b. WBS
c. Earned
Value analysis
d. Fast
tracking
Question 35 text Question 35 1
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Which of the following is an example of a project?
Question 35 answers
a. Maintaining
e-mail addresses
b. Capacity
planning
c. Submitting
travel and expense reports
d. Sending
monthly reports to top management
Question 36 text Question 36 1
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The poor man’s hierarchy is a method for:
Question 36 answers
a. Project
estimation
b. Project
scheduling
c. WBS
construction
d. Project
selection
Question 37 text Question 37 1
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In project management, the level of uncertainty plays a
major role in determining the adequacy of a project plan.
Question 37 answers
True
False
Question 38 text Question 38 1
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An objective of prototyping is to minimize life-cycle cost.
Question 38 answers
True
False
Question 39 text Question 39 1
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A project can be terminated prematurely because the original
objectives may no longer be valid.
Question 39 answers
True
False
Question 40 text Question 40 1
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Scope creep means:
Question 40 answers
a. Needs
emergence and identification
b. Uncontrolled
changes to a project’s requirements during project execution
c. Migration
of project needs to requirements
d. Imprecise
scope statement
Question 41 text Question 41 1
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Which of the following is not an activity carried out during
project closeout?
Question 41 answers
a. Reassignment
of project staff
b. Preparation
of the project’s baseline
c. Reassignment
of material resources
d. Preparation
of user manuals
Question 42 text Question 42 1
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Which of the following shows resource allocation over time?
Question 42 answers
a. Resource
Gantt chart
b. Resource
matrix
c. S-Curve
d. Resource
leveling
Question 43 text Question 43 1
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The purpose of mid-project evaluation is:
Question 43 answers
a. Continual
monitoring of budget and estimates
b. To focus
on achievement of individual element of the project plan
c. To
determine whether the original objectives are still relevant
d. To
re-baseline the project budget
Question 44 text Question 44 1
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An effective project manager must:
Question 44 answers
a. Tell his
team members what to do
b. Be the
most capable person on the team technically
c. Be
focused on achieving results
d. Not trust
his team members to achieve results without his personal attention to detail
Question 45 text Question 45 1
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A laissez-faire management style may lead to a ship without
rudder syndrome.
Question 45 answers
True
False
Question 46 text Question 46 1
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When crashing a project, we typically choose critical path
tasks whose costs of crashing are highest.
Question 46 answers
True
False
Question 47 text Question 47 1
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According to PMI, a WBS should focus on
Question 47 answers
a. Tasks
b. Deliverables
c. Interrelationships
among activities
d. Cost of
the project
Question 48 text Question 48 1
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The Theory X approach to managing workers is a classic
example of a top-down view of how people should be managed.
Question 48 answers
True
False
Question 49 text Question 49 1
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Structured Walk-Through is a methodology used in:
Question 49 answers
a. PERT
b. GERT
c. VERT
d. Project
Evaluation
Question 50 text Question 50 1
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A four step risk assessment process reflecting standard risk
management good practice consists of:
Question 50 answers
a. Risk identification, Risk deflection, Risk impact
analysis, Risk monitoring and control
b. Risk acceptance, Risk impact analysis, Risk response
planning, Risk monitoring and control
c. Risk deflection, Contingency planning, Risk impact
analysis, Risk monitoring and control
d. Risk identification, Risk impact analysis, Risk response
planning, Risk monitoring and control
Question 51 text Question 51 1
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A project team structure that closely reflects the physical
structure of the deliverable is known as:
Question 51 answers
a. Egoless
b. Specialty
c. Surgical
d. Isomorphic
Question 52 text Question 52 1
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Which of the following is an elapsed time task?
Question 52 answers
a. Paint is
drying
b. A painter
paints the wall
c. Software
is being written
d. A
sandwich is being made
Question 53 text Question 53 1
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The resource planning tool that enables us to identify who
we need to carry out what tasks is called:
Question 53 answers
a. A
resource Gantt chart
b. A
resource matrix (also called the responsibility chart)
c. A
resource ogive
d. A
resource loading chart (also called a resource histogram)
Question 54 text Question 54 1
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A key characteristic of an effective project team is that:
Question 54 answers
a. Members
have graduate degrees in project management
b. Members
come from the same professional background
c. Members
see themselves as stakeholders in the project
d. Members
adhere to a prescribed pecking order
Question 55 text Question 55 1
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In risk management, insurance is an example of:
Question 55 answers
a. Risk
avoidance
b. Risk
deflection
c. Risk
acceptance
d. Contingency
planning
Question 56 text Question 56 1
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What is the function of a change control board (CCB) in
configuration management?
Question 56 answers
a. To assess
the management impacts of change requests
b. To
initiate changes needed on the project
c. To focus
on the technical implication of change requests
d. To
approve change requests coming from senior management
Question 57 text Question 57 1
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Definitive estimates are generally derived from:
Question 57 answers
a. Bottom-up
estimates
b. Top-down
estimates
c. Expert
judgment cost estimates
d. Order of
magnitude estimates
Question 58 text Question 58 1
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An autocratic management style:
Question 58 answers
a. Is
effective in most project management situations
b. Is
effective in highly routine efforts
c. Is
effective in high flux, state-of-the-art projects
d. Will lead
to the tyranny of the majority
Question 59 text Question 59 1
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A key weakness of the Benefit-Cost ratio project selection
mechanism is that:
Question 59 answers
a. It only
focuses on things that can be measured
b. It takes
time frame into consideration
c. It is
too much based on subjective judgment
d. It does
not entail prioritizing
Question 60 text Question 60 1
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A work package is to be found at the summary level of the
WBS.
Question 60 answers
True
False