Reference no: EM131354748

1. Which of the following would come last in estimating projects?
a. develop schedules and budgets
b. develop the WB/OBS
c. make bottom-up estimates
d. make rough top-down estimates

2. There are many ways to report the ongoing completion status of a project. Which of the following methods is most accurate in calculating a completion percentage for the project?
a. actual days/weeks elapsed multiplied by 100 - then divided by total scheduled days/weeks
b. actual project expenditures multiplied by 100 - then divided by total estimated project cost
c. actual man-hours completed multiplied by 100 - then divided by total estimated project man-hours
d. actual tasks completed multiplied by 100 - then divided by total scheduled tasks

3. Team members are often assigned part time on a project team which leads to reduced motivation. Which of the following is the best way to overcome this lack of team motivation?
a. recognize accomplishments of individual team members
b. establish a team identity
c. keep the team informed of project events
d. ensure team roles are thoroughly spelled out

4. After all discovery and design functions have been completed and accepted by the client - and the project team is assembled - the development phase may begin. At this point - any changes to the scope of the project may be costly. Which of the following scope-creep issues is the least valid?
a. every change in scope should be identified - scrutinized - recognized - authorized - and publicized - in order to answer the question - must we have it
b. change requests from the client should be accommodated by using any unused float time between scheduled tasks - thus keeping team members busy while adding negligible cost to the project
c. the client should clearly understand that the larger the change - the higher the impact on the fate - duration and cost to the project
d. each change request should come with a complete and clear description - justification for the change - and the expected impact on both time and budget constraints

5. If you are asked to provide a time and cost estimate for a project - which of the following is the best approach in providing the estimate?
a. after you have determined the time and cost estimate - reduce the amounts by a small percentage. Provide those reduced amounts to the client to give you and edge on securing the contract
b. after you have determined the time and cost estimate - add a small percentage to the amounts and provide those larger estimates to the client. This will provide the project with a contingency factor for unexpected situations during the project
c. after you have determined the time and cost estimate - provide the exact amounts you have come up with. If it is more you can always add to it later in the project
d. none of these approaches should be used

6. Which of the following is not a symptom of project failure?
a. incorrect technical design
b. cost escalation
c. loss of control
d. late running

7. Which one of the project factors would be mostly affected due to a rise in quality or reliability problems?
a. Performance
b. Cost
c. Time
d. None of the above

8. The earliest start time for an activity is equal to the
a. Largest late finish time of all of its immediate predecessors
b. Smallest earliest finish time of all of its immediate predecessors
c. Smallest late start time of any of its immediate predecessors
d. Largest earliest finish time of all of its immediate predecessors

9. The risk register is initiated during which of the following processes?
a. risk identification
b. qualitative risk analysis
c. quantitative risk analysis
d. risk management planning

10. Which of the following is not a helpful method to handle uncertainty in a project?
a. risk analysis
b. nonnumeric selection models
c. use pro forma documents
d. simulation

11. What is the usual source of change when a project encounters scope issues?
a. client driven change
b. internally driven change
c. externally driven change
d. regulatory driven change

12. In controlling a project during execution a project manager must set a baseline for measuring progress. From what document is the baseline derived from?
a. project schedule
b. project scope
c. project charter
d. project WBS

13. When a company decides that it makes sense to undertake a project - the first step is to establish project sponsorship - management and reporting relationship. Which of the following is the most correct about project sponsorship?
a. the sponsor is an executive responsible for championing the project with the other executives
b. the sponsor is the executive with the most to gain from the success of the project (or the most to lose from its failure)
c. the sponsor takes ownership of the project by securing resources and funding - confirming and clarifying the reasons for its existence - and for approving and accepting the final results
d. all of these statements are true

14. As a project manager you will often lead project meetings. In doing so you will need to keep the group on target. Which of the following is a good method to accomplish this?
a. ask open-ended questions
b. use a variety of media and activities
c. change the pace
d. lecture only when necessary

15. Which of the following would show the critical path of a project?
a. Gantt chart
b. PERT chart
c. DFD
d. WBS