PM Test 1b

The project schedule information section of the project management plan includes ____.

An elaborate timetable

Which of the following is a planning process associated with project scope management?

Collecting requirements

_____ should result in improvements in project performance.

Corrective actions

_____ are an output of the executing process of project integration management.

Deliverables

Which of the following is a pre-initiation task?

Developing a business case for a project

One of the main outputs of the initiation process is _____.

Developing the project charter

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

Developing the project management plan

_____ processes include defining and authorizing a project or project phase.

Initiating

_____ involves identifying and managing the points of interaction between various elements of the project.

Interface management

Which of the following is true about the agile method?

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

_____ refer to chances to improve the organization.

Opportunities

_____ 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

_____ is an iterative software development process that focuses on team productivity and delivers software best practices to all team members.

Rational Unified Process

_____ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

Strategic planning

A(n) _____ is a tool that provides a systematic process for selecting projects based on many criteria.

Weighted scoring model

In Scrum, a(n) _____ is a useful object created by people.

artifact

A _____ is an important Scrum artifact used to graphically display progress on each sprint during the monitoring and controlling process.

burndown chart

Benefits minus costs is known as the _____.

cash flow

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.

change control system

_____ are new requirements imposed by management, government, or some external influence.

directives

The majority of time on a project is usually spent on _____, as is most of the project's budget.

execution

The main purpose of project plans is to

guide project execution

During _____ processes for a new project, the organization recognizes that a new project exists, and completes a project charter as part of this recognition.

initiating

The project stakeholder management knowledge area maps to the ______ process group by identifying stakeholders.

initiating

The project management plan is the output of the planning process of project _____.

integration management

A common _____ process is reporting performance, where project stakeholders can identify any necessary changes that may be required to keep the project on track. `

monitoring and controlling

The ideal outcome of the _____ process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints.

monitoring and controlling

The project scope management knowledge area maps to the _____ process group through the activities of scope validation and scope control.

monitoring and controlling

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

monitoring and controlling

The most difficult and unappreciated process in project management is often

planning

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

planning

A(n) _____ is the person responsible for the business value of the project and for deciding what work to do and in what order when using a Scrum method.

product owner

A _____ is a document that recognizes the existence of a project and provides direction on the project's objectives and management.

project charter

Enterprise environmental factors are an output of the executing process of _____.

project human resource management

Developing a _____ is a planning process that occurs in the Project Integration Management knowledge area.

project management plan

In the _____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints.

project planning

_____ are people involved in or affected by project activities and include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents to the project.

stakeholders

A _____ is usually not necessary to the Scrum method.

team contract

Payback occurs when:

the net cumulative benefits equal the net cumulative costs.

The first step in the planning process is _____.

to tie the information technology strategic plan to the organization's overall strategic plan

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

work breakdown structure

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.

closing

In a weighted scoring model, the sum of the weights of all the criteria must total _____ percent.

100

Which of the following activities is a part of the planning process of the Scrum?

Creating sprint backlog

_____ is a planning process that is within the Project Scope Management knowledge area.

Creation of a WBS

Which of the following is true of return on investment or ROI?

It is always a percentage

Which of the following are organizational process assets?

Management systems

_____ is a technique that uses branches radiating from a core idea to structure thoughts and ideas.

Mind mapping

_____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.

Net present value

_____ involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

Project integration management

A _____ is a document used to coordinate all project planning documents and help guide a project's execution and control.

Project management plan

The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them.

Project responsibilities

_____ is the result of subtracting the project costs from the benefits and then dividing by the costs.

Return on investment

The _____ section of the project management plan describes specific methodologies a project might use and explains how to document information.

Technical processes

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

If done well, the _________ can produce several releases of useful software.

agile method

The _____ is the minimum acceptable rate of return on an investment.

required rate of return

The business case includes information on _____.

the project objective, high-level requirements, and time and cost goals

A project's internal rate of return can be determined by finding what discount rate results in an NPV of _____ for the project.

zero