Chapter 5

What must be included in at least four of the steps for creating a project plan? A. Involving stakeholders B. Identifying the correct project management software C. Obtaining sign-off from the project sponsor D. Creating a project "lessons learned" notebook

A. Involving stakeholders

A project has been chartered and now needs to be done more quickly but at the same performance level. What effect will this change have? A. The cost will increase. B. The cost will decrease. C. More personnel will need to be added. D. The duration of tasks on the critical path can be held constant

A. The cost will increase.

A change control policy is important because A. no project is ever completed exactly as it was initially planned B. someone needs to be assigned accountability C. financial resources may change D. project personnel may change

A. no project is ever completed exactly as it was initially planned

A project can be crashed by A. shortening the duration of tasks on the critical path B. adding more staff to the project team C. eliminating tasks that have low value D. sending frequent updates to the stakeholder group

A. shortening the duration of tasks on the critical path

Which of the following is the most important feature of a network diagram? A. It displays all the tasks in a project. B. It links tasks in a predecessor relationship. C. It is a visual display of a project. D. It shows the costs of each task.

B. It links tasks in a predecessor relationship.

The project champion is A. the CEO B. a senior manager who can help solve high-level problems as the project progresses C. the best project manager in the organization D. an experienced project manager who can function as an ad hoc trouble shooter

B. a senior manager who can help solve high-level problems as the project progresses

1. Project Management Institute formal project management is A. a method of developing a strategic plan B. evidence-based procedures for delivering desired results on time and within budget C. a set of project management tools for information technology and construction projects D. a set of tools for optimizing processes

B. evidence-based procedures for delivering desired results on time and within budget

The most detailed level in a work breakdown is A. task B. work package C. subtask D. personnel time percentage

B. work package

A project team estimated the number of days a task will take. The four estimates are: three days, seven days, three days, and two days. What is the PERT estimate for the duration of the task? A. 2.0 B. 2.5 C. 3.5 D. 5.0

C. 3.5

Which is not a good meeting behavior as a member of project team? A. Contribute to the discussion B. Actively listen C. Challenge poor ideas D. Accept feedback easily

C. Challenge poor ideas

The best method of selecting among competing projects is A. Choose projects with the best financial return. B. Choose projects that involve your best employees. C. Develop a matrix of important criteria, and then rank each project. D. Rank each project according to duration, and do the shortest projects first.

C. Develop a matrix of important criteria, and then rank each project.

Why is it important to have project milestones? A. They show all tasks in detail. B. They fix accountability for team members. C. They show the expected times for the major accomplishments in a project. D. They indicate the critical path.

C. They show the expected times for the major accomplishments in a project.

Which type of contracting poses the highest risk? A. Fixed price B. Cost reimbursement C. Time and materials D. Earned value

C. Time and materials

The critical path is used to A. determine the total cost of a project B. determine which tasks have the greatest risk of not being done on time C. determine the shortest possible duration for a project D. determine if the predecessors' relationships are incorrect

C. determine the shortest possible duration for a project

The Project Management Institute is A. a consulting service that helps rescue projects that are in trouble B. the European project management certifier C. the intellectual and academic home of the project management profession D. a university consortium

C. the intellectual and academic home of the project management profession

The duration of each task in a work breakdown should be no more than A. one day B. one week C. three weeks D. six weeks

C. three weeks

Earned value analysis can be used to determine if a project is A. meeting performance expectations B. using team members outside of their RASIC accountabilities C. under budget and ahead of schedule D. using resources beyond budgeted levels

C. under budget and ahead of schedule

Which item is not a characteristic of a project? A. It is done one time. B. It has a specified scope of work. C. It has a specified budget. D. It produces cost savings

D. It produces costs savings

The scope of a project is defined by A. performance, quality, and cost B. time, cost, and number of employees affected C. cost, time, and critical path D. cost, time, and performance

D. cost, time, and performance

A RASIC diagram is used to A. find the critical path B. estimate the total cost of a project C. estimate the time for each team member's work on each task D. identify the role and responsibility of each team member for each task

D. identify the role and responsibility of each team member for each task

Agile project management should be used when A. a project involves software development B. a project team has many different members C. a project is small D. the exact performance characteristics are unknown at the beginning of a project

D. the exact performance characteristics are unknown at the beginning of a project