PM Midterm Review

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

Scope creep refers to: the tendency for project scope to keep getting bigger and bigger. subdividing project deliverables into smaller pieces. the approved project scope statement and its associated WBS. a task at the lowest level of the WBS.

True

Some organizations initiate projects using a contract in place of a project charter. (T/F)

True

The DMAIC (Define, Measure, Analyze, Improve, and Control) methodology of the Six Sigma projects, is used to improve an existing business process. (T/F)

True

The WBS provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. (T/F)

late start date

The _____ for an activity is the latest possible time an activity might begin without delaying the project finish date. early finish date late finish date late start date early start date

closing

The _____ process involves gaining stakeholder and customer acceptance of the final products and services and bringing the project, or project phase, to an orderly end. executing closing planning monitoring

project controls

The _____ section of the project management plan describes how to monitor project progress and handle changes. management objectives project controls risk management technical processes

False

The burndown chart is a Scrum created artifact that provides a list of features prioritized by business value. (T/F)

longest; shortest

The critical path is the _____ path through a network diagram, and it represents the _____ amount of slack or float. longest; longest longest; shortest shortest; longest shortest; shortest

False

The executing tasks of the WBS remain constant from project to project. (T/F)

planning schedule management

The first process involved in project time management is _____ . defining activities estimating activity durations planning schedule management sequencing activities

True

The introduction or overview of a project must only include a list of definitions and acronyms. (T/F)

execution

The majority of time on a project is usually spent on _____, as is most of the project's budget. execution planning closing monitoring and controlling

False

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

True

The project scope statement should reference supporting documents, such as product specifications that will affect what products are produced or purchased, or corporate policies, which might affect how products or services are produced. (T/F)

True

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

False

The scope baseline in a WBS consists of the requirements documentation and enterprise environmental factors. (T/F)

True

The scope management plan can be informal and broad or formal and detailed, based on the needs of the project. (T/F)

False

The scope of a project is clear and specific from the start. (T/F)

False

The tasks in a WBS must be developed as a sequential list of steps. (T/F)

False

The two main items for monitoring and controlling in the Scrum framework are the daily Scrum and the sprint retrospectives. (T/F)

Scope validation

_____ involves formal acceptance of the completed project scope by the stakeholders. Scope validation Scope planning Scope control Scope baseline

Variance

_____ refers to the difference between planned and actual performance. Decomposition Variance Scope validation Scope creep

scope statement

The _____ should list and describe all of the deliverables required for the project. project charter scope statement WBS Gantt chart

calendar

A Gantt chart is a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a ____ format. calendar line graph bar graph pie chart

False

A SWOT analysis, being a linear process, cannot be performed using the nonlinear mind mapping technique. (T/F)

determines the earliest completion date of a project.

A critical path: is the shortest path through a network diagram. represents schedule information in calendar form. determines the earliest completion date of a project. is a quality management tool to ensure a project meets the minimum quality standards.

True

A project's stakeholders consist of its customers, users, and suppliers. (T/F)

True

A work package represents one component of the product that the project aims to deliver. (T/F)

work package

A(n) ____ is a task at the lowest level of the WBS. variance objective deliverable work package

change control system

A(n) _____ is a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes. WBS project charter performance report change control system

estimate the duration of activities.

After working with key stakeholders to define activities and calculate their resources, the next process in project time management is to: develop the schedule. control the schedule. determine their dependencies. estimate the duration of activities.

a work breakdown structure

An important tool for project scope management is _____. fast tracking crashing a Gantt chart a work breakdown structure

True

An organization usually commits more money as a project continues, therefore a management review should occur after each phase to evaluate progress, potential success, and continued compatibility with organizational goals. (T/F)

True

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated. (T/F)

False

Change requests are always made in writing. (T/F)

False

Deliverables are only product-related, such as a piece of hardware or software. (T/F)

True

Many organizations provide different guidelines and templates for developing WBSs. (T/F)

project

In a _____organizational structure, program managers, rather than functional managers or vice presidents, report to the CEO. Their staffs have a variety of skills needed to complete all required tasks within their programs. project symbolic matrix functional

bursts

In an AOA network diagram, _____ occur when two or more activities follow a single node. combinations buffers mergers bursts

False

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives. (T/F)

project planning

In the _____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. project planning business area analysis resource allocation information technology strategy planning

False

It is necessary that IT project managers have prior technical experience in creating and managing IT products. (T/F)

False

Key outcomes of the executing process group are formal acceptance of the work and creation of closing documents. (T/F)

False

Managing the triple constraint primarily involves making trade-offs between resources and quality. (T/F)

True

Many information technology projects also require detailed functional and design specifications for developing software, which also should be referenced in the detailed scope statement. (T/F)

True

Monitoring and controlling processes overlap all of the other project management process groups. (T/F)

True

NPV analysis is a method for making equal comparisons between cash flows for multi-year projects. (T/F)

True

Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. (T/F)

True

Project managers and their teams must keep in mind the effects of any project on the interests and needs of the entire system or organization instead of focusing on the immediate concerns of the project. (T/F)

True

Project managers in matrix organizations have staff from various functional areas working on their projects. (T/F)

True

Project managers work with the project sponsors to define success for particular projects. (T/F)

False

Project scope statements must include the project boundaries, constraints, and assumptions. (T/F)

True

Projects should be developed in increments. (T/F)

Both are portions of the integrated change control process under project integration management.

Which of the following is a silimarity between scope control and schedule control? Both are initial processes of project time management. Both of their primary goals is to define project goals and miestones. Both are portions of the integrated change control process under project integration management. Both of these processes should occur before estimating activity durations.

It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product.

Which of the following is true about the agile method? It is often used when a project team can express the scope early in the product life cycle. It is used when a project team wants to provide a potentially shippable product earlier rather than later. It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product. It is used when project teams want to use the predicative approach to a project.

They provide leadership and direction for project managers heading the projects within a program.

Which of the following is true of program managers? They report to project managers who represent the next level in the hierarchy. They recognize that managing a program is simpler than managing a project. They provide leadership and direction for project managers heading the projects within a program. They are responsible solely for the delivery of project results.

PMI

Which of the following provides certification as a Project Management Professional? PMS PMC PMI PMP

False

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

project charter

A draft schedule for a project is most likely to be found in a _____. project buffer project charter resource breakdown structure project's dummy activities list