chapetr 5 project management

Which of the following are features of an earned value management (EVM) implementation?

-A project plan that identifies activities to be accomplished -Predefined metrics that quantify the accomplishment of work -A valuation of each activity

A statement of work (SOW) should include (select all that apply)

-Budget performance measures -Completion steps or milestones -Work to be completed and proposed schedule

Which of the following attributes are used to define a project?

-Directed toward some major output -Requires a significant time period to perform -A series of related jobs

Which of the following are advantages of the matrix project structure

-Resource duplication is minimized. -There is enhanced communication between functional areas. -Team members are less concerned about their future employment after the project is completed.

A work package includes which of the following elements?

-Starting and completion times for a group of activities -Performance measures -Description of what is to be done

Which of the following is not a step in the critical path method (CPM)?

Calculate the shortest path.

A schedule that lists all activities by their early start times is a(n)

Early start schedule

Which technique combines measures of scope, schedule and cost for evaluating project progress?

Earned value management

Activities that need to be completed immediately before an activity are?

Immediate predecessors

Which of the following is NOT a major project category?

Inventory control

Which project organization structure uses team members who are assigned from the functional units and has a dedicated project manager?

Matrix project

All of the following are constraints addressed in project management except:

People constraints

Which of the following is a general type of project?

Platform Breakthrough Derivative

Which of the following is not a motivation for using a late start schedule?

Postponing the start of the entire project

What term best describes the written description of the objectives to be achieved in a project?

Statement of work

When breaking down a project into smaller elements, what term is used to describe the subdivisions?

Task and subtasks

Which of the following is NOT an advantage of the functional project structure?

Team members report to a dedicated project manager.

In the following identification of Activity C, the number represents which of the following? C(4)

The expected duration

What term describes the group of activities assigned to a single organizational unit?

Work package

A firm should have a mix of projects that best support

a company's strategic strategy.

Earned value management, when properly applied, provides:

a method for evaluating the success of a project.

True or false: Earned value management (EVM) can only evaluate the success of a project at the end of the project

false

When a project is housed within a functional division, such as manufacturing, it is called a _______ project

functional

in a ____ project structure, team members do not report to a dedicated manager, but remain part of their functional units.

functional

To show the amount of time associated with an activity, as well as the sequence of activities, a project manager could use a ___________ chart.

gantt

In a network diagram, the activities that lead directly to another activity are known as ___ predecessors

immediate

If a delay of an activity delays the entire project, then this activity

is on the critical path.

When calculating the slack time of an activity, it is the difference between an activity's

late and early start times.

A schedule that delays each activity as long as possible without delaying the overall project completion is known as a ___ ___ schedule

late start

Which project organizational structure blends properties of functional and pure strategies?

matrix

The foundational principle of earned value management (EVM) is that a true understanding of cost and schedule performance depends upon measuring technical performance ____

objectively

Which of the following is not a resource considered i n project management?

place

All of the following are types of project organization structures except:

process

Which of the following is defined as a series of jobs usually directed toward some major output and requires a significant period of time to perform?

project

A project where all members of the team work on the project full time is an example of which project organizational structure?

pure

If you are part of a self-contained project team working full time on a project, you are most likely experiencing the________ project structure

pure

Alliance & Partnership during project execution involves activities such as

selecting carriers. selecting new partners. outsourcing major activities.

When there is some leeway regarding when an activity can start, this is referred to as _____.

slack time

A schedule that lists all the activities by their early start times and completes the project and all its activities as soon as possible is known as an early________ schedule

start

Activity A is the predecessor for Activities B and C. When determining the late finish time for Activity A, you select

the smaller of the late starts for activities B and C.

The process change area of projects accommodates activities such as new equipment purchases or upgrading current process.

true

True or false: the hierarchy of project tasks, subtasks, and work packages is known as a work breakdown structure

true

Which of the following is a disadvantage of the matrix project structure?

Project managers may "hoard" resources for their own project.

A specific event that should be reached at a certain point in time is often referred to as?

Project milestone

Which of the following is a disadvantage of the pure project structure

Project team members may be worried about their employment after the project is completed.

Milestones for a project can include:

Prototype testing Completion of design Production of a prototype