Mid term 4379

Questions about how a team will track schedule performance is related to a project's scope.

False Reason: : Project scope deals with questions such as, "What work will be done as part of the project?", "What unique product, service, or result does the customer or sponsor expect from the project?", or "How will the scope be verified?"

A project manager's primary role is to provide the funding for a project.

False Reason: A project sponsor usually provides the direction and funding for a project.

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

False Reason: Because projects involve uncertainty and limited resources, projects rarely finish according to their original scope, time, and cost goals. Instead of discrete target goals, it is often more realistic to set a range of goals

Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project.

False Reason: Project management knowledge areas describe the key competencies that project managers must develop. Project procurement management involves acquiring or procuring goods and services for a project from outside the performing organization.

The primary role of project stakeholder management is to ensure that the project will satisfy the stated needs for which it was undertaken.

False Reason: Project management knowledge areas describe the key competencies that project managers must develop. Project stakeholder management includes identifying and analyzing stakeholder needs while managing and controlling their engagement throughout the life of the project.

The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.

False Reason: Project managers must strive not only to meet specific scope, time, cost, and quality goals of projects but also facilitate the entire process to meet the needs and expectations of people involved in project activities or affected by them.

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

False Reason: Projects are different from operations in that they end when their objectives have been reached or the project has been terminated.

The importance of stakeholders' needs and expectations is limited to the beginning of a project.

False Reason: Stakeholders' needs and expectations are important in the beginning and throughout the life of a project. Successful project managers develop good relationships with project stakeholders to understand and meet their needs and expectations.

Opponents of a project do not belong to the category of stakeholders.

False: Reason: Stakeholders are the people involved in or affected by project activities, and include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents of a project.

Which tool is most likely to be used in project schedule management? hint: project network diagrams, critical path analysis, crashing, fast tracking, and schedule performance measurements.

Gantt charts

Which project management knowledge area primarily involves generating, collecting, disseminating, and storing project information? Hint: involves generating, collecting, disseminating, and storing project information.

Project communications management

Which project management knowledge area ensures that the project will satisfy the stated or implied needs for which it was undertaken? Hint: ensures that the project will satisfy the stated or implied needs for which it was undertaken.

Project quality management

Which knowledge area involves defining and managing all the work required to complete the project successfully? Hint:

Project scope management defining and managing all the work required to complete the project successfully.

Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies eco-friendly tiles. Which constraint is Galaxy currently facing? Hint: Every project is constrained in different ways

Resources

Which objective is true of projects? Hint: Every project should have a well-defined objective.

They have a unique purpose.

Every project should have a well-defined objective

True Reason: A project has a unique purpose. Every project should have a well-defined objective.

One of the main reasons why project management is challenging is because of the factor of uncertainty.

True Reason: A project involves uncertainty. Every project is unique and thus it is sometimes difficult to define its objectives clearly, estimate how long it will take to complete, or determine how much it will cost. This uncertainty is one of the main reasons project management is so challenging.

Projects should be developed in increments.

True Reason: A project is developed using progressive elaboration. Projects are often defined broadly when they begin, and as time passes, the specific details of the project become clearer. Therefore, projects should be developed in increments.

Project resource management is concerned with making effective use of the people involved with a project.

True Reason: Project management knowledge areas describe the key competencies that project managers must develop. Project resource management is concerned with making effective use of the people and physical resources involved with the project

A project's stakeholders include its customers, users, and suppliers

True Reason: Stakeholders are the people involved in or affected by project activities, and include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents of a project

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries.

True Reason: Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries. Today's project management involves much more, and people in every industry and every country manage projects.

An important tool for project scope management is _____. Hint: requirements analyses, scope management plans, scope verification techniques, and scope change controls.

a work breakdown structure

Project procurement management mainly involves: hint: acquiring or procuring goods and services for a project from outside the performing organization.

buying goods and services for a project from outside the performing organization.

A _____ is a tool used in quality management. Hint: Quality management uses include quality metrics, checklists, quality control charts, Pareto diagrams, and fishbone diagrams among others.

checklist

The role of a _____ is to provide direction and funding for a project. hint: Most projects have many interested parties or stakeholders, but someone must take the primary role of sponsorship

project sponsor

Fast tracking is an example of a tool used in _____ management. Hint: project network diagrams, critical path analysis, crashing, fast tracking, and schedule performance measurements.

schedule

Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____. Hint: Stakeholders are the people involved in or affected by project activities, and include the project sponsor, project team, support staff, customers, among others.

the Robinson family