ch 17

The Project Management Institute (PMI) administers a globally recognized, examination-based professional certification program. How many levels are there?

2

Select the best definition of a work breakdown structure.

A hierarchical listing of what must be done during a project

Which of the following would enable a team member to be assigned to a project by the project manager? (Select all that apply.)

Ability to work well with others Necessary knowledge and skills Low interference from the other projects that the candidate is involved in

Match these project management tools with their descriptions. Work breakdown structure Network diagram Gantt charts Risk management

An initial planning tool that is needed to develop a list of activities, activity sequences, and a realistic budget. A "big picture" visual aid that is used to estimate project duration, identify activities that are critical for timely project completion, identify areas where slack time exists, and develop activity schedules. A visual aid used to plan and monitor individual activities. Analyses of potential failures or problems, assessment of their likelihood and consequences, and contingency plans.

What are the two main parts of the project initiation phase of the life cycle?

Concept and feasibility analysis

Which of the following factors lead to behavioral problems in projects? (Check all that apply.)

Decentralized decision making Stress of achieving project milestones on time Stress of achieving project milestones within budget Surprises

Operating in an environment of uncertainty, projects are subject to what negative outcomes?

Delays, budget overruns, inability to meet technical requirements

True or false: With proper risk management all cost, schedule and technical risks can always be avoided on a project.

False

What are some of the "cons" (downsides) of working on a project? (Select all that apply.)

If project is unsuccessful, it reflects on team members If project is long term, there may not be a "next" project to go to Potentially working for two bosses

There are many advantages to using a project management software package. Among them are which of the following?

It provides a logical planning structure. It can generate various chart types, including basic Gantt charts. It can flag the occurrence of constraint violations. It enables what-if scenarios. It imposes a methodology and a common project management terminology. It can generate multiple levels of summary reports and detailed reports. It can enhance communication among team members. It automatically formats reports.

From the following list, which are the potential disadvantages of virtual project teams. (Select all that apply.)

Language or cultural differences Lack of team cohesion from not being physically co-located

Select from the below which are the key managerial decisions which determine the success of projects.

Managing and controlling project resources Choosing the project team members Selecting which projects to implement

Which of these is the knowledge area for a project manager concerned with acquisition and contracting plans, sellers' responses and selections, contract administration and closure?

Managing procurement

Which of these is the knowledge area for a project manager concerned with involves breaking down what needs to be done to complete the project and managing the project through a work breakdown structure?

Managing scope

All of the following are examples of projects except which?

Manufacturing the daily quota

If members of a project team report formally to a functional manager (not directly to the project manager) what type of organization is it?

Matrix

What type of organization integrates the activities of a variety of specialists within a functional framework?

Matrix

What are some of the "pros" (upsides) of working on a project? (Select all that apply.)

Meet new people not previously worked with before Dynamic, stimulating environment If project is successful, gives team increased status

Which of the following are characteristics of a project? (Check all that apply.)

One-time operations Limited time frame Requires careful planning and coordination Involves considerable cost

Which of the following statements about risk probability and cost are true?

Probability of occurrence of a risk is highest at the start.

What is the organization which provides globally-recognized certification and ongoing education for project managers?

Project Management Institute (PMI)

A person who promotes, supports and facilitates a project, e.g., securing resources from other managers, is called a what?

Project champion

What are the responsibilities of a project champion?

Promote the project Support the project

What is the function of a work breakdown structure?

Provides the basis for detailed time and cost estimates on a project

Project planning involves all of the following except which?

Reassigning employees at closure

All of the following are the main tools used in project management except which?

Statistical process control

Projects typically have three types of targets. What are they?

Time, cost and performance

What are some of the features of common project management software? (Select all that apply.)

Track progress/performance of scheduled project activities Assign resources to project activities Flag missing precedence relationships between activities

Put the steps of the project life cycle in order with 1 as the starting and 4 as the finishing step.

definition, planning, execution, termination

True or false: The phases of a project life cycle do not overlap.

false

On virtual project teams, as a project nears completion, if resources are transitioned too quickly to new projects, this can cause ______.

project slippage

Workers on a project are usually evaluated based on the team's overall contribution since project work is often based on _______ _____

team efforts

True or false: It is common for projects to fail, either partially or completely.

true