Project Management Midterm Practice Questions

Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance.

False

It is important for project managers to focus on indirect costs because they can be easily controlled.

False

Project integration management must occur just within the context of a particular project.

False

Project scope statements must include the project boundaries, constraints, and assumptions.

False

The tasks in a WBS must be developed as a sequential list of steps.

False

Which of the following is most likely to be a reason for inaccuracies in information technology cost estimates?

People lack estimating experience.

_____ processes include devising and maintaining a workable scheme to ensure that the project addresses the organization's needs.

Planning

The _____ section of the project management plan describes how to monitor project progress and handle changes.

Project controls

The _____ model uses an approach in which developers work with an evolving prototype, using tools such as computer-aided software engineering, joint requirements planning, and joint application design to facilitate rapid prototyping and code generation.

RAD life cycle

_____ are an example of external stakeholders for an organization

Competitors

_____ involves coordinating all planning efforts to create a consistent, coherent document.

Developing the project management plan

A disadvantage of using Gantt charts is that they do not provide a standard format for displaying planned project schedule information.

False

The project time management knowledge area maps to the _____ process group through the activity of schedule control.

monitoring and controlling

A(n) _____ is a schematic display of the logical relationships among project activities andtheir sequencing.

network diagram

The project cost management knowledge area maps to the _____ process group through the activities of estimating costs and budget determination.

planning

The cost performance index (CPI):

can be used to estimate the projected cost of completing the project.

Administrative activities, such as archiving project files, closing out contracts, documenting lessons learned, and receiving formal acceptance of the delivered work as part of the phase or project, are often involved in _____ processes.

closing

In project time management, which of the following processes involve calculating the number of work periods that are needed to complete individual activities?

estimating activity durations

The _____ stage of information technology planning outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology.

Business area analysis

What is integrated change control? What are the main objectives of integrated change control?

Integrated change control is identifying, evaluating, and managing changes throughout the project life cycle. The main objectives are influencing the factors that create changes to ensure that changes are beneficial, determining that a change has occurred, and managing actual changes as they occur.

Which of the following is true of earned value?

It is an estimate of the value of the physical work actually completed.

Definitive estimates are made one year or less prior to project completion.

True

Details of kick-off meetings and the stakeholder details are usually recorded in a Word document.

True

It is necessary that IT project managers have prior technical experience in creating and managing IT products.

True

Mind mapping allows people to write and even draw pictures of ideas in a nonlinear format.

True

Monitoring and controlling processes overlap all of the other project management process groups.

True

Spreadsheets are a common tool for cost estimating, cost budgeting, and cost control.

True

The WBS provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.

True

The project scope statement, stakeholder requirements documentation, and organizational process assets are the primary inputs for creating a WBS.

True

_____refers to the degree to which departments within an organization are encouraged to coordinate with each other.

Unit integration

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

a corrective action

A cost estimation tool which is used to allocate money into an organization's budget is known as a _____ estimate

budgetary

In project time management, the process of_____ primarily involves checking and managing changes to the project schedule.

controlling the schedule

The main technique used in creating a WBS is _____, which involves subdividing project deliverables into smaller pieces.

decomposition

A(n) _____ refers to a product or service, such as a technical report, a training session, a piece of hardware, or a segment of software code, produced or provided as part of a project

deliverable

Which of the following dependencies involve relationships between project and non-project activities?

external

After defining project activities, the next step in project time management is developing the schedule.

false

The _____ frame of an organization focuses on providing harmony between the needs of the organization and the needs of people.

human resources

_____ refers to the degree to employees identify with the organization as a whole, rather than with their types of job or profession.

member identity

_____ is the tendency for project scope to keep getting bigger and bigger.

scope creep

In project time management, which of the following processes primarily involve identifying and documenting the relationships between project activities?

sequencing activities

Grey's Infotech sells customized hardware and software solutions for businesses. The salespeople for Grey's have a strict dress code when meeting clients. They are required to wear dark business suits, in order to convey the company's dedication to quality. The meaning conveyed to the clients' through the salespeople's clothing is part of the _____ frame of the organization.

symbolic

Cost variance is

the earned value minus the actual cost

In the development phase of the project life cycle:

the project team creates more detailed project plans, a more accurate cost estimate, and a more thorough WBS

Scope refers to:

the work involved in creating the products and the processes used to create them.

The _____ approach for constructing a WBS starts with the largest items of the project and breaks them into subordinate items.

top-down

The critical path on a project can change as the project progresses.

true

The _____ provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.

work breakdown structure