18 Jan Question 25 The assumption that all

BUS375 Project Management

Quiz 2

Question 1 How is project scope defined?

Question 2 The WBS is best suited for projects that have a tangible outcome. Which of the following is used when the final outcome of the project is less tangible or is a product of a series of steps or phases?

Question 3 All of the following are ways the WBS helps in managing projects EXCEPT

Question 4 The ________ is used to assist in making project trade-offs among schedule, budget, and performance objectives.

Question 5 When work packages are integrated with organizational units, a control point is created called a

Question 6 Jose is looking at a document that outlines the specific deliverables and sub-deliverables required to complete the writing of a technical support manual. He is most likely viewing the

Question 7 Which of the following is a good example of a Process Breakdown Structure?

Question 8 A Responsibility Matrix will clarify

Question 9 There are 5 steps involved when defining a project; which of the following is the second?

Question 10 All of the following are usually included in a work package EXCEPT

Question 11 Which of the following does NOT help describe a bottom-up estimating approach?

Question 12 Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her needs. Because management typically insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the following factors is illustrated in this situation?

Question 13 Benefits of Reference Class Forecasting include

Question 14 Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intranets for customers during the last two years. Although the proposed system is about the same size as the others, she estimates that it will take about 10 percent less time and money. Which of the following methods is she using?

Question 15 Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of

Question 16 Typical kinds of costs found in a project include all of the following EXCEPT

Question 17 Learning curves are more likely to be applied in situations where most of the costs are

Question 18 Which of the following is a good condition for bottom-up estimating?

Question 19 The salary of the project manager would be an example of what type of cost found in a project?

Question 20 Reasons why estimating time and cost are important include all of the following EXCEPT

Question 21 Activities which can take place at the same time are termed

Question 22 Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is scheduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contractor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of

Question 23 When creating a project network, your primary input will be the

Question 24 When completing a backward pass, you carry the LS to the next preceding activity to establish the LF, unless the next preceding activity is a burst activity, in which case you select

Question 25 The assumption that all immediate preceding activities must be 100% complete is too restrictive in some situations. When an activity is broken down into smaller segments in order to start the succeeding activity sooner, this is called

Question 26 Which of the following is NOT one of the basic rules to follow when developing project networks?

Question 27 Bill is building a project network that involves testing a prototype. He must design the prototype (activity 1), build the prototype (activity 2), and test the prototype (activity 3). Activity 1 is the predecessor for activity 2 and activity 2 is the predecessor for activity 3. If the prototype fails testing, Bill must redesign the prototype; therefore, activity 3 is a predecessor for activity 1. This is an example of

Question 28 After the total slack for each activity is identified, the project manager can more easily identify the ________.

Question 29 ________ activities are to be completed immediately following a particular activity.

Question 30 ________ activities must be completed immediately before a particular activity.