ISQS 4350 Exam 2 Practice 1
The outcome of proj initiation includes ___ A. Charter B. Selecting PM C. Doc of key proj constraints and assumptions D. All of the above
D. All of the above
Human resource mgt includes____ A. Sponsors and customers B. proj team members and support staff C. vendors supporting the proj D. all of the above
D. All of the above.
What is the first process in planning a proj shed.?
Define activities
One of the _____ 14 Points for Mgt states that an org should cease dependence on inspection to achieve quality.
Deming's
Which part of the communications mgt plan outlines who receives what status reports?
Distribution
A key too for controlling project costs during the execution and control stage is ______
EVA
_____ involves est the number of work periods that are needed to complete individual activities.
Estimate activity duration
Which process group normally requires the most resources and time?
Executing
_______ the proj involves taking the actions necessary to ensure the activities in the proj plan are completed.
Executing
____ is a cost that relates to all errors not detected and not corrected before delivery to the cust.
External failure cost
By using PERT weighted average for each activity duration est, the total proj duration est. does not account for the risk or uncertainty in the individual activity est. T/F?
F. Using PERT, the total duration and cost DO account for the risk or uncertainty in the individual activity.
You cannot start editing a technical report until someone else complete the first draft. What type of dependency does this represent?
Finish-to-start
Which of the following does MS Proj support?
Gantt chart
Which of the following is a motivation theory dev by Abraham Maslow?
Hierarchy of needs
A _____ is a doc that formally recognizes the existence of proj and provides direction on the proj objective and mgt.
project charter
The orgs strategic plan ______
provides the basis for info technology proj planning
A PERT proj has two tasks in sequence. The first has (a, m, b) values of 15, 18, and 27 while the second has 18, 22, 38. How long will it take to complete the proj?
43 Mean = (a + 4m + b)/6 *a -- optimistic *m -- most likely *b -- pessimistic
The arrows in a network diagram represent the activity sequencing or relationships between tasks. T/F?
T
The critical path is the series of activities that determine the earliest time by which a proj can be completed. T/F?
T
Managing the relationship with the vendor is usually part of what procurement process?
Administer procurement
Which of the following is false? A. a resource breakdown structure is a hierarchical structure that ident. the proj resources by category and type B. Duration and effort are synonymous terms C. A three-point est. is an est. that includes an optimistic, most likely, and pessimistic est. D. A Gantt chart is a common tool for displaying project schedule info
B. Duration and effort are synonymous terms
What tool can you use to determine whether a process is in control or out of control?
Control chart
Many orgs are turning to outsourcing in order to ______ A. Increase accountability B. Access skills and technology C. Reduce both fixed and recurrent costs D. All of the above
D. All of the above
The _____ organization structure allows for fast response upon problem ident. because it has both a horizontal (proj) and a vertical (functional) path for the flow of information.
Matrix
A WBS, proj sched, and cost est are outputs of _____ process?
Monitoring and controlling
______ involves measureing progress toward project objectives and taking corrective actions.
Monitoring and controlling
A(n) ______ is a doc used to coodinate all proj planning docs and help guide a proj execution and control.
PMP
____ helps you identify the vital few contributors that account for most quality problems in a system.
Pareto charts
_____ addresses how well a product or service performs the customer's inteded use.
Performance
What is a good starting point for identifying internal stakeholders?
Proj Org Chart
At the end of solicitation planning, a key milestone is often the issuance of a(n) _____
RFP
MS Proj highlights the critical path in _______ on a network diagram.
Red
The WBS is an output is what knowledge area?
Scope
______ refer(s) to all the work involved in creating the products of the proj and the processes used to create them.
Scope
_____ is the amount of time a proj activity may be delayed without delaying a succeeding activity or the proj finish date.
Slack
What could serve as a foundation for choosing which proj to initiate?
Strategic planning
A SH mgt strategy is an approach to help increase the support of SH throughout the proj. T/F?
T
A forward pass through a proj network diagram determines the early start and early finish dates for each activity. T/F?
T
Monitoring and controlling processes overlap all of the other proj mgt process groups. T/F?
T
The WBS provides a basis for creating the proj sched and performing EVM for measuring and forecasting proj performance. T/F?
T
What is the main goal of proj cost mgt?
To complete a proj within an approved budget.
A _____ is a deliverable-oriented grouping of the work involved in a proj that define the total scope of the proj.
WBS
The seven run rule states that if seven data points in a row on a control chart are all below the mean, above the mean, or all increasing or decreasing, then the process needs to be examined for _____ problems.
non-random
The communications mgt plan is ____
a doc that guides proj communications
A ____ is any instance where the prod or serv fails to meet cust reqs.
defect
Plan procurement involves ____
determining what to procure and when
Project execution involves taking actions to _________
ensure that activities in the project plan are completed
The main purpose of a project plan and budget is to ________
guide project execution
Developing PMP is a part of proj _____
integration
Risk aversion______
is when someone has a lower tolerance for risk
A big picture view of the cost of a project over its entire existence is ______
life cycle costing
Tolerance for risk _____
may be diff for individuals and orgs
The highest need in Maslow's theory is _____
self-actualization
Money that has been spent in the past is known as a(n)_______
sunk cost
Costs or benefits that are easily measure in dollars are called _____
tangible
Building an individual and group skills is a part of ______
team dev
Parkinson's law implies______
that early finishes are dis-rewarded
The investment in risk mgt associated with a proj should depend on ____
the nature of the proj and the experience of the proj team
During project execution ________
the products of the project are produced
Cost is a resource______
to balance against schedule and scope
An activity has probabilistic completion times of 15, 21, and 24 what is the variance of the completion time?
variance = (b-a)^2/36 *b -- pessimistic *a -- optimistic
The most important output of project execution is
work products
