Reference no: EM132298420
1. You are a project manager, and you are trying to identify ways to decrease costs for your project. What costs would be best to look into reducing?
Variable and fixed costs
Fixed and indirect costs
Indirect and direct costs
Direct and variable costs
2. This type of reserve is used for the “unknown unknowns” when estimating a project budget?
Management reserves
Contingency reserves
Cost of quality reserves
Budget reserves
3. Which of the following is earned value measurement used for?
Root cause analysis
Performance reporting
Staff assessment
Quality management
4. You need to establish a new office space for a new project. This includes purchasing furniture. What type of costs are these?
Fixed costs
Variable costs
Opportunity costs
Overhead costs
5. Which of the following cost estimate techniques is likely to be the most expensive?
Analogous
Parametric
Bottom-up
Rough order of magnitude
6. What does quality mean with respect to project management?
Meeting management expectations
The degree of conformance to project requirements
Meeting or exceeding customer expectations
Staying within planned limits for the triple constraints
7. You are managing a project and have created a list of issues and you have rank ordered them in terms of rate of occurrence. What technique or tool have you used?
Scatter diagram
Pareto chart
Statistical sampling
Ishikawa diagram
8. If you want to conduct a root analysis to see why a problem is occurring, what quality tool would be helpful?
Scatter diagram
Pareto chart
Statistical sampling
Ishikawa diagram
9. During what process are quality policies and standards established?
Control quality
Plan quality management
Perform quality assurance
Develop project charter
10. What is the purpose of control limits in a control chart?
To identify if a process is in or out of control
To manage costs
To identify the root cause of a problem
To check if the rule-of-six pattern occurs