Planning Answers
Planning Answers
Planning Answers
1 INCORRECT
The advent of project management has been most profound in
A) Automobile manufacturing
B) Construction
C) Information technology
D) The U.S. Department of Defense
E) Film making
2 CORRECT
Which of the following is not considered to be a characteristic of a project?
A) An established objective
B) A clear beginning and end
C) Complex tasks
D) Only for internal use
E) Never been done before
3 INCORRECT
From among the following activities, which is the best example of a project?
A) Processing insurance claims
B) Producing automobiles
C) Writing a term paper
D) Completing a college degree
E) All of these are good examples of projects
4 INCORRECT
Which of the following choices is not one of the stages of a project life cycle?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
5 CORRECT
In which of the following stages are project objectives established, teams formed, and major responsibilities
assigned?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
6 INCORRECT
In which of the following stages are you more likely to find status reports, many changes, and the creation of
forecasts?
A) Conceptualizing
B) Defining
C) Planning
D) Executing
E) Delivering
7 INCORRECT
Which of the following choices is not one of the driving forces behind the increasing demand for project
management?
A) Compression of the product life cycle
B) Knowledge explosion
C) Development of third world and closed economies
D) More emphasis on the product and less on the customer
E) Corporate downsizing
8 INCORRECT
Project management is ideally suited for a business environment requiring all of the following except
A) Accountability
B) Flexibility
C) Innovation
D) Speed
E) Repeatability
9 CORRECT
Which of the following is the number one characteristic that is looked for in management candidates?
A) Overall intelligence
B) Works well with others
C) Experience
D) Past successes
E) Good references
10 INCORRECT
A common rule of thumb in the world of high-tech product development is that a six-month project delay can result
in a loss of product revenue share of ___ percent.
A) 10
B) 20
C) 33
D) 45
E) 50
11 INCORRECT
Integration of project management with the organization takes place with the
A) Master budget
B) Strategy plan
C) Process of managing actual projects
D) Both b and c are correct
E) A, B, and C are all correct
12 INCORRECT
Which of these is not part of the "technical dimension" of project management?
A) WBS
B) Budgets
C) Problem solving
D) Schedules
E) Status reports
13 CORRECT
Corporate downsizing has increased the trend toward
A) Reducing the number of projects a company initiates
B) Outsourcing significant segments of project work
C) Using dedicated project teams
D) Shorter project lead times
E) Longer project lead times
14 CORRECT
A series of coordinated, related, multiple projects that continue over extended time intended to achieve a goal is
known as a
A) Strategy
B) Program
C) Campaign
D) Crusade
E) Venture
15 CORRECT
From 1994 to 2009 the trend for projects late or over budget was:
A) Significantly better
B) Slightly better
C) About the same
D) Slightly worse
E) Significantly worse
Chapter 2
1 INCORRECT
Which of the following is not one of the commonly heard comments of project managers?
A) Where did this project come from?
B) Why are we doing this project?
C) How can all these projects be first priority?
D) Why is this project so strongly linked to the strategic plan?
E) Where are we going to get the resources to do this project?
2 INCORRECT
Strategy considered to be under purview of senior management is
A) Old school thinking
B) A new school of management thought
C) Necessary in a company structure
D) Beneficial to the Project Manager
E) Dependent on company goals
3 INCORRECT
The intended outcome of strategy/projects integration is
A) Clear organization focus
B) Best use of scarce organization resources
C) Improved communication across projects and departments
D) Both A and C are correct
E) A, B, and C are all correct
4 INCORRECT
Project managers who do not understand the role that their project plays in accomplishing the organization's
strategy tend to make all the following mistakes except:
A) Focusing on low priority problems
B) Overemphasizing technology as an end in and of itself
C) Focusing on the immediate customer
D) Trying to solve every customer issue
E) All the above are likely mistakes
5 INCORRECT
The textbook indicated that ________ is the major dimension of strategic management.
A) Responding to changes in the external market
B) Allocating scarce resources of the organization
C) Beating competition to the market
D) Both a and b are correct
E) Both a and c are correct
6 INCORRECT
Which of the following questions does the organization's mission statement answer?
A) What are our long-term strategies?
B) What are our long-term goals and objectives?
C) How do we operate in the existing environment?
D) What do we want to become?
E) All of these are answered by the mission statement
7 INCORRECT
Strategy formulation includes which of the following activities?
A) Determining alternatives
B) Creating profitability targets
C) Evaluating alternatives
D) Both a and c are correct
E) A, B, and C are all correct
8 INCORRECT
The assessment of the external and internal environments is called _______ analysis.
A) SWOT analysis
B) Competitive
C) Industry
D) Market
E) Strategic
9 INCORRECT
Which of the following is not one of the requirements for successful implementation of strategies through projects?
A) Allocation of resources
B) Prioritizing of projects
C) Motivation of project contributors
D) Adequate planning and control systems
E) All of these are requirements
10 INCORRECT
Susie's department is implementing many projects. She finds herself starting and stopping work on one task to go
and work on another task, and then return to the work on the original task. Susie is experiencing
A) Poor scheduling
B) Excess work burden
C) Flexible tasking
D) Multitasking
E) Burnout
11 INCORRECT
Project selection criteria are typically classified as:
A) Financial and non-financial
B) Short-term and long-term
C) Strategic and tactical
D) Required and optional
E) Cost and schedule
12 INCORRECT
Which of the following is not one of the classifications for assessing a project portfolio?
A) Sacred cow
B) Bread-and-butter
C) Pearls
D) Oysters
E) White elephants
13 INCORRECT
Which of the following is the reason(s) why project managers need to understand their organization's mission and
strategy?
A) To make appropriate decisions and adjustments
B) To be effective project advocates
C) To be able to get their job done
D) Both A and B are correct
E) A, B, and C are all correct
14 INCORRECT
Which of the following is not true of multi-weighted scoring models?
A) Will include quantitative criteria
B) Will include qualitative criteria
C) Each criterion is assigned a weight
D) Projects with higher scores are considered more desirable
E) All of the above are true
15 INCORRECT
Which of the following is a common multicriteria selection model?
A) Checklist
B) Net Present Value
C) Weighted criteria model
D) Both A and C are correct
E) All of these are common multicriteria selection models
Chapter 3
1 INCORRECT
Organizational culture is best explained as organizational
A) Personality
B) Hierarchy
C) Reporting relationships
D) Background
E) Management style
2 INCORRECT
A good project management system provides for defining the interface between the project team and the
organization in all the following areas except
A) Authority
B) Allocation of resources
C) Development of project team members
D) Integration of the project into the organization
E) All of these are provided
3 CORRECT
Which of the following is an advantage of a functional project management organization?
A) Maximum flexibility in the use of staff
B) Good integration across functional units
C) Shorter project duration
D) Strong motivation of project team members
E) All of these are advantages
4 INCORRECT
MegaComputers, Inc. has assigned a project manager for each of the five new-product teams. The managers as well
as the project team members work on the projects on a full-time basis. The structure being used is ________
organization.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
5 INCORRECT
Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operations. The project
needs to be done quickly and a high level of motivation will be needed in order to do that. For this situation, the
______ organization would be the best choice.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
6 INCORRECT
A project management system provides a framework for launching and implementing project activities within a
______ organization.
A) Matrix
B) Balanced
C) Weak
D) Sponsor
E) Parent
7 INCORRECT
In which of the following is the balance of authority strongly in favor of the functional managers?
A) Weak matrix
B) Balanced matrix
C) Strong matrix
D) Strong
E) Both C and D are correct
8 INCORRECT
Matrix management violates the management principle of
A) Span of control
B) Unity of command
C) Parity principle
D) Empowerment
E) All of these management principles
9 INCORRECT
The project structure that is ranked as least effective is _______ organization.
A) Functional
B) Balanced matrix
C) Weak matrix
D) Strong matrix
E) Project
10 INCORRECT
From the list below, which is not a primary characteristic of organization culture?
A) Control
B) Team emphasis
C) History
D) Conflict tolerance
E) Risk tolerance
11 INCORRECT
Who is responsible for determining how tasks will be done in a matrix project management structure?
A) The functional manager
B) The project manager
C) Both are responsible
D) This is no pattern of who takes responsibility
E) None of these are true
12 INCORRECT
The Macintosh development team at Apple is a good example of what kind of project structure?
A) Project
B) Balanced Matrix
C) Project Matrix
D) Functional Matrix
E) Functional
13 CORRECT
The Organizational Culture Diagnosis Worksheet classifies cultural characteristics into all of the following except:
A) Physical characteristics
B) Public documents
C) Behavior
D) Folklore
E) Ethics
14 CORRECT
Which of the following is not one of the typical forms of a project management office?
A) Command center
B) Control tower
C) Resource pool
D) Weather station
E) All of these are typical forms of a project management office
15 CORRECT
Which of the following cultural characteristics relates to the degree to which management focuses on outcomes
rather than on techniques and processes used to achieve those results?
A) Risk tolerance
B) Reward criteria
C) Conflict tolerance
D) Means versus end orientation
E) Open-systems focus
Chapter 4:
1 CORRECT
The method used to collect information to use through all phases of the project life cycle is called
A) Responsibility matrix
B) Organization breakdown structure
C) Work breakdown structure
D) Priority matrix
E) Work package
2 CORRECT
The first step in creating the necessary information to manage a project is to
A) Establish project priorities
B) Define the project scope
C) Verify the budget available
D) Assign team members to work on the project
E) Determine the required completion date
3 CORRECT
Research shows the most frequently mentioned barrier to project success is
A) Not enough budget resources
B) Poor performance by team members
C) Weak project leadership
D) Poorly defined scope or mission
E) Political in-fighting
4 CORRECT
An expected output over the life of a project would be classified as
A) A deliverable
B) A product
C) An end object
D) An objective
E) A target
5 CORRECT
The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a
A) Technical requirement
B) Milestone
C) Project limit
D) Project exclusion
E) Project deliverable
6 CORRECT
"To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as
A) A deliverable
B) A milestone
C) An objective
D) A limit
E) An exclusion
7 INCORRECT
Which of the following is not one of the basic classifications of project priorities?
A) Profit
B) Cost
C) Time
D) Performance
E) All of these are basic classifications
8 CORRECT
If a project criterion indicates that the project must meet a specific date, that criterion is classified as
A) Constrained
B) Enhanced
C) Accepted
D) Limited
E) Fixed
9 INCORRECT
The tool used to assist in making project trade-offs between schedule, budget, and performance objectives is called
a
A) Responsibility matrix
B) Work breakdown structure
C) Project priority matrix
D) Work package
E) Criterion matrix
10 CORRECT
The highest element in the hierarchical breakdown of the WBS is
A) A work package
B) Sub deliverables
C) A cost account
D) Major deliverables
E) The project
11 INCORRECT
All of the following are usually included in a work package except
A) What will be done?
B) The time needed to complete the work
C) A single person who is responsible for its completion
D) All the costs for the work package
E) All of these are included in a work package
12 INCORRECT
The final step in the creation of a Work Breakdown Structure is to
A) Code the WBS for tracking
B) Assign the cost account to a manager
C) Assign the work package to a manager
D) Develop the responsibility matrix
E) All of these are included in the final step
13 CORRECT
The intersection of the WBS and the OBS is called the
A) Responsibility matrix
B) Priority matrix
C) Work package
D) Cost account
E) Project overlap
14 INCORRECT
If a project is small or of narrow scope and does not require an elaborate system, which of the following is a good
choice?
A) Responsibility matrix
B) Organization breakdown structure
C) Work breakdown structure
D) Priority matrix
E) Process breakdown structure
15 CORRECT
The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and
priorities-is called:
A) Scope erosion
B) Scope creep
C) Project bloat
D) Scope enhancement
E) Project add-ons
CHAPTER 5
1 CORRECT
The process of forecasting or approximating the time and cost of completing project
deliverables is called
Budgeting
A)
Predicting
B)
Estimating
C)
Planning
D)
Guesstimating
E)
2 CORRECT
Janet is forecasting how much money her department needs to support a new project.
She estimates that two people and $25,000 in expenses will cover her needs. Because
management typically insists on reducing forecasts by 20 percent, she increases her
estimates to allow for that reduction. Which of the following factors is illustrated in this
situation?
Padding estimates
A)
Planning horizon
B)
Project structure
C)
People
D)
Organization culture
E)
3 CORRECT
Top-down estimates are most likely to occur during the ______ phase.
Concept
A)
Planning
B)
Execution
C)
Delivery
D)
Ratio
A)
Template
B)
Apportion
C)
Function point
D)
Learning curve
E)
5 CORRECT
Learning curves are more likely to apply in situations where most of the costs are
Materials
A)
Labor
B)
Overhead
C)
Function point
A)
Template
B)
Learning curve
C)
Phase estimating
D)
Apportion
E)
7 INCORRECT
The accuracy of top-down estimates will typically be in the range of
Scheduled
A)
Sunk
B)
Actual
C)
Committed
D)
To schedule work
A)
Template method
B)
Phase estimating
E)
13
INCORRECT Which of the following top-down methods is used when projects closely follow past
projects in features and costs and result in costs being assigned by percentages to major
segments of the project?
Apportion
A)
Function point
B)
Phase estimating
C)
Learning curve
D)
Consensus
E)
14
INCORRECT People working on prototype development needing time to interact with the design
engineers after the design is completed is an example of:
An arrow
A)
A line
B)
A node
C)
An activity
A)
Project flow
B)
Dependency
C)
Dependencies
A)
Sequencing
B)
Interrelationships
C)
Event
A)
Path
B)
Activity
C)
Node
D)
Milestone
E)
5
INCORRECT The critical path in a project network is the
Event
A)
Path
B)
Activity
C)
Node
D)
Milestone
E)
7
INCORRECT A sequence of connected, dependent activities is termed a(n)
Critical path
A)
Parallel path
B)
Activity chain
C)
Path
D)
Dependent chain
E)
8
INCORRECT Which of the following is not one of the basic rules to follow when developing project
networks?
An activity cannot begin until all preceding activities have been completed
A)
Conditional statements are allowed but looping statements are not allowed
C)
An activity identification number must be larger that that of any preceding activities
D)
Merge
A)
Burst
B)
Predecessor
C)
Successor
D)
Critical
E)
10
INCORRECT The forward pass in project network calculations determines the
Critical path
C)
Total slack
A)
Free slack
B)
Critical float
C)
Float pad
D)
Slip pad
E)
13
CORRECT The laying pipe example in the text illustrates the concept of
Laddering
A)
Hammock activities
B)
Critical path
C)
Concurrent engineering
D)
Forward pass
E)
14
INCORRECT Typically an activity on a project network represents
A sub-deliverable
D)
A cost account
E)
15
CORRECT Concurrent engineering is a good example of good use of
Random chance
A)
A disaster
B)
Risk
C)
Hazard
D)
Bad luck
E)
2
INCORRECT The cost impact of a risk event occurring as a project proceeds through its life cycle tends to
Slowly rise
A)
Slowly drop
E)
3 CORRECT
Which of the following is not one of the steps in the risk management process?
Risk assessment
B)
Risk identification
C)
Risk tracking
D)
Focus on objectives and not on the events that could produce consequences.
D)
Murphy's Law
B)
Profile
A)
Questionnaire
B)
Research
C)
Query
D)
Checklist
E)
7
INCORRECT All of the following are included in the risk identification process except
Customers
A)
Subcontractors
B)
Competitors
C)
Vendors
D)
Probability
A)
Scenario
B)
Payback
C)
Risk/reward
D)
Impact
E)
9
INCORRECT A risk profile is a list of questions that address traditional areas of uncertainty on a project
that answers developed from:
Ratio/range analysis
A)
Decision tree
B)
PERT simulation
C)
PERT
D)
Mitigating
A)
Retaining
B)
Ignoring
C)
Transferring
D)
Sharing
E)
13
INCORRECT Technical risks are:
Often the kind that can cause the project to be shut down.
A)
Problematic
B)
Management reserves
A)
Change control
B)
Contingency reserves
C)
Risk register
D)
Risk profiles
E)
15
INCORRECT Change management systems are designed to accomplish all of the following except:
CHAPTER 8
Delaying
noncritical
activities to lower
peak demand on
resources is
known as resource
Shifting
A)
Effectiveness
B)
Manipulating
C)
Smoothing
D)
Allocation
E)
2 CORRECT
If resources are not adequate to meet peak demands, the resulting reschedule is termed
Resource-constrained scheduling
A)
Time-constrained scheduling
B)
Mandatory leveling
C)
Allocation
E)
3 INCORRECT
When developing a new software package, the software must be designed, the code
must be written, and the code must be tested. This is an example of a ______
constraint.
Physical
A)
Technical
B)
Resource
C)
Schedule
D)
Time
E)
4 INCORRECT
Sam the project engineer has been scheduled to run the product system test at the same
time he is to build a marketing prototype. This is an example of a ______ constraint.
Physical
A)
Technical
B)
Resource
C)
Scheduling
D)
Time
E)
5 INCORRECT
Susan is to conduct environmental testing but the chamber cannot hold all the equipment
that she wants to test. This is an example of a _________ constraint.
Physical
A)
Technical
B)
Resource
C)
Scheduling
D)
Time
E)
6 INCORRECT
All of the following are kinds of resource constraints except
Materials
A)
People
B)
Equipment
C)
Information
D)
Working capital
A)
People
B)
Equipment
C)
Information
D)
Materials
E)
8 INCORRECT
Regina's boss has told her that her project is very important. If the critical path is
delayed, she will be given whatever she needs to get it back on schedule. Her project is
________ constrained.
Time
A)
Quality
B)
Cost
C)
Performance
D)
Resource
E)
9 INCORRECT
Scheduling time-constrained projects focuses on resource
Demands
A)
Increases
B)
Assumptions
C)
Utilization
D)
The budget
B)
Project quality
C)
Smallest duration
A)
Least slack
B)
Most slack
C)
Highest cost
E)
13
INCORRECT Splitting an activity creates the following situation:
A resource may be moved from one activity to another and then back
C)
Resource bottlenecks
C)
Time to market
B)
High overhead
D)
Incentive contracts
E)
2 INCORRECT
Adverse weather, design flaws, and equipment breakdown can create negative slack.
This is an example of reducing project duration caused by:
Time to market
B)
High overhead
D)
Incentive contracts
E)
3 CORRECT
Which of the following is not considered a project indirect cost?
Supervision
A)
Consultants
B)
Equipment
C)
Interest
D)
Normal
A)
Budget
B)
Optimized
C)
Expected
D)
Target
E)
5 INCORRECT
The shortest possible time an activity can be completed realistically is called ___ time.
Expedited
A)
Accelerated
B)
Crash
C)
Optimistic
D)
Optimal
E)
6 INCORRECT
____ costs are incurred when completing an activity in its realistically shortest time.
Normal
A)
Reserve
B)
Crash
C)
Accelerated
D)
Expedited
E)
7 CORRECT
Cost slope can be determined by dividing the
Well planned
A)
Resource-constrained
C)
Sensitive
D)
Insensitive
E)
12
UNANSWERED A positive situation where moving toward the optimum time can result in very real, large
savingsthis occurs when the network is:
Insensitive
A)
Sensitive
B)
Ahead of schedule
C)
Subcontract work
B)
Schedule overtime
C)
Subcontract work
B)
Schedule overtime
C)
Time to market
B)
High overhead
D)
Incentive contracts
E)
Ch10
Well-defined projects that encounter no significant surprises require little:
1
Management
A)
Leadership
B)
Monitoring
C)
Corrective action
D)
Project managers
A)
Administrative support
B)
Functional managers
C)
Project sponsors
D)
Customers
E)
3
The second ring in the network of relationships for project managers includes all of the
following except:
Customers
B)
Functional managers
C)
Top management
D)
Project sponsors
E)
4
The outer ring in the network of relationships for project managers includes all of the
following except:
Other organizations
A)
Customers
B)
Contractors
C)
Government agencies
D)
Administrative support
E)
5
The new perspective of project management emphasizes which of the following?
Financial control
A)
Managing project stakeholders
B)
Schedule/cost tradeoffs
C)
Task
A)
Position
B)
Inspiration
C)
Relationship
D)
Personal
E)
7
In terms of commonly traded organizational currencies, acceptance, personal support, and
understanding are part of _______ related currencies.
Task
A)
Position
B)
Inspiration
C)
Relationship
D)
Personal
E)
8
In terms of commonly traded organizational currencies, learning, ownership, and gratitude are part
of ______ related currencies.
Task
A)
Position
B)
Inspiration
C)
Relationship
D)
Personal
E)
9
In mapping dependencies for a project, the project manager should:
Overestimate
A)
Underestimate
B)
Precisely estimate
C)
Either B or C are correct
D)
Relations
A)
Expectations
B)
Involvement
C)
Influence
D)
Input
E)
11
In the Research Highlight, Ancona and Caldwell identified key patterns of activity which contribute
to creating a high performance team. Which of the following is not one of those?
Negotiator
A)
Ambassador
B)
Task coordinator
C)
Scouts
D)
Guard
E)
12
Unlike project leadership, project management is about coping with:
Change
A)
22 percent
A)
40 percent
B)
65 percent
C)
81 percent
D)
100 percent
E)
14
Which of the following is not one of the distinguishing traits of character?
Openness
A)
Consistency
B)
Empathetic
C)
Sense of purpose
D)
Hard work
E)
15
Which of the following would be defined as the ability or skill to perceive, assess and manage the
emotions of one's self and others?
Emotional stability
A)
Emotional intelligence
C)
Empathy
D)
Management sensitivity
E)
Ch 11
1
During which stage of team development is high performance not a top priority and team member
emotions run from upbeat to depressed?
Norming
A)
Storming
B)
Performing
C)
Adjourning
D)
Forming
E)
2
Roger is new-product project manager for a retail company. Recently the team has exhibited a high
degree of conflict over who will control the group and how decisions will be made. Which stage of
development is the team in?
Norming
A)
Storming
B)
Performing
C)
Adjourning
D)
Forming
E)
3
Experience and research indicate that high-performance project teams are much more likely to develop
under all the following conditions except:
E) Generate alternatives
10
The biggest challenge to managing a virtual project team is:
Developing trust
B)
Generating alternatives
C)
Reaching a decision
D)
Follow-up
E)
12
Two of the biggest challenges involved in managing a virtual project team are:
Priorities
A)
Administrative procedures
B)
Schedule
C)
Workforce
D)
Costs
E)
14
Which of the following is not one of the most significant sources of conflict during the project planning
phase?
Priorities
A)
Procedures
B)
Schedule
C)
Technical requirements
D)
Costs
E)
15
Which of the following is not one of the tips for alleviating communication problems of virtual teams?
Keep team members informed on how well the overall project is going
B)
Establish clear norms and protocols for surfacing assumptions and conflicts
D)
Ch 12
1
Contracting project work has long been the norm in the _______ industry.
Telecommunications
A)
Financial
B)
Insurance
C)
Construction
D)
Retail
E)
2
Advantages of outsourcing project work may likely include all of the following except?
Reduced costs
B)
Reduced conflict
D)
Increased flexibility
E)
3
Key practices in partnering relationships include:
Structured communications
A)
Long-term commitment
B)
Set deadlines
E)
7
The result of teambuilding among the project's participants is a:
Signed contract
A)
Project plan
C)
Partnering charter
D)
Responsibility matrix
E)
8
Among the many advantages for establishing long-term partnerships are:
Improved performance
B)
Improved communication
C)
Department of Defense
A)
Department of Commerce
B)
Department of Transportation
C)
N.A.S.A
D)
Department of Education
E)
11
Customer satisfaction can be quantified by:
Entrepreneur
A)
Politician
B)
Friend
C)
Marketer
D)
Auditor
E)
13
Which of the following is not one of the elements of good negotiation?
Be honest
B)
Focus on interests, not positions
C)
Be honest
B)
Ch 13
1
A project monitoring system involves all of the following except:
Keeping focus
C)
EV-AC
A)
AC-SV
B)
PV-EV
C)
CU-EV
D)
EU-PV
E)
7
Baseline project budgets are derived from:
SV/CV
A)
EV/PV
B)
EV/AC
C)
AC/SV
D)
AC/CV
E)
11
Scope creep affects:
The organization
A)
Project erosion
A)
Scope creep
B)
Specification adjustments
C)
Specification refinements
D)
Continuous improvements
E)
13
The percent complete index that looks at percent complete in terms of actual amounts is calculated by
which of the following?
EV/BAC
A)
(EV-PV)/BAC
B)
AC/EAC
C)
(EV-AC)/BAC
D)
(EV-PV)/EAC
E)
14
Which of the following will calculate the estimated cost to complete the project?
(VAC-EV)/(PV/AC)
A)
(BAC-EV)/(EV/AC)
B)
(PV/AC)/(VAC-EV)
C)
(EV/AC)/(BAC-EV)
D)
(BAC-EV)/(BAC-AC)
E)
15
Which of the following is not true regarding scope creep?
CHAPTER 14
1 CORRECT
The content of the final report typically includes the following topics:
A)
Lessons learned
B)
Review and analysis
C)
Recommendations
D)
Executive summary
E)
All the above are correct
2
INCORRECT Many projects will fail because of circumstances beyond the control of the project team is
called:
A)
Normal
B)
Premature
C)
Perpetual
D)
Failed Project
E)
Changed Priority
3 CORRECT
Implementing closedown includes the following major activities except:
A)
Getting delivery acceptance from the customer.
B)
Shutting down resources and releasing to new uses.
C)
Closing accounts and seeing all bills are paid.
D)
E-mail the project team that the project is complete
E)
Creating a final report
4 CORRECT
Under which heading of the Wrap-up closure checklist should the question "Have project
accounts been finalized and all billing closed?" be answered.
A)
Team
B)
Vendors/contractors
C)
Customer/Users
D)
Equipment and facilities
E)
Profit and loss statement
5 CORRECT
In the Snapshot from Practice, New Balls Goes Flat in NBA, is an example of a project gone
wrong when the _______ is/are not consulted.
A)
Manufacturer
B)
Equipment and facilities managers
C)
End-users
D)
Project manager
E)
The Fans
6 CORRECT
Information on the project type, size, number of staff, and technology level would be
included in which section of the audit report?
A)
Analysis
B)
Recommendations
C)
Classification of project
D)
Lessons learned
E)
Strategic objectives
7
INCORRECT Project mission and objectives, procedures and systems used, and organization resources
used typically appear in the _____ section of the final project report.
A)
Analysis
B)
Recommendations
C)
Classification of project
D)
Lessons learned
E)Strategic objectives
8 CORRECT
The section of the final project report that new project teams are likely to find most useful is
the:
A)
Analysis
B)
Recommendations
C)
Classification of project
D)
Lessons learned
E)
Strategic objectives
9
INCORRECT Corrective actions that should take place (such as shifting to more resilient building
material) would typically appear in the _____ section of the final project report.
A)
Analysis
B)
Recommendations
C)
Classification of project
D)
Lessons learned
E)
Strategic objectives
10
INCORRECT The most common circumstance for project closure is:
A)
Premature completion with some features eliminated
B)
Project completion meeting costs, schedule, and quality
C)
Project completion after modification of costs, schedule, or quality
D)
Project termination due to technical difficulties
E)
Perpetual projects that seem to go on and on before completion
11
INCORRECT Project closures can fall into all of the following categories except:
A)
Premature
B)
Perpetual
C)
Failed
D)
Changed priority
E)
All of these are categories for project closure
12
INCORRECT In the Research Highlight, Chaos: Software Projects, the criterion which was deemed the
most important for project success was
A)
Realistic expectations
B)
Hard-working, focused staff
C)
User involvement
D)
Proper planning
E)
Clear vision and objectives
13
INCORRECT ____________ begins with a review of the strategic intent of the project, selection criteria,
project charter, project objectives, project scope, and acceptance criteria.
A)
Process Review
B)
Project Overview
C)
Analysis
D)
Recommendations
E)
Directing
14
CORRECT More and more companies are discarding the traditional superior-subordinate performance
feedback process and replacing it with:
A)
Critical incidences review
B)Management by objectives
C)
The 360-degree feedback
D)
Both B and C are correct
E)
A, B, and C are all correct
15
INCORRECT In organizations where projects are managed within a ____________, the team member's
area manager, not the project manager, is responsible for assessing performance.
A)
Functional organization
B)
Matrix organization
C)
Flat organization
D)
Both A and C are correct
E)
A, B, and C are all correct
16
INCORRECT Performance evaluations of project teams should:
A)
Provide the basis for individual development
B)
Provide the basis for participation on future projects
C)
Provide the basis for salary increases
D)
Both A and C are correct
E)
A, B, and C are all correct
CHAPTER 18