Which of the following represents the correct order of stages within the project life cycle
Question 1Which of the following represents the correct order of stages within the project life cycle?
Question 2Project management is important to understand when people are a part of a project team because they
Question 3Project governance does NOT include
Question 4A professional organization for project management specialists is the
Question 5Strategic plans should be written by one group of managers, projects should be selected by another group, and projects should be implemented by another group.
Question 6Which of the following statements is true?
Question 7Project management appears to be ideally suited for a business environment requiring accountability, flexibility, innovation and repeatability.
Question 8The sociocultural dimension of project management includes managing relationships, motivating team members and negotiating project terms.
BUSI680 Advanced Project Management
Quiz 2
Question 1The __________ financial model measures the current value of all cash inflows using management’s minimum desired rate of return.
Question 2Which of the following is NOT one of the requirements for successful implementation of strategies through projects?
Question 3Which of the following terms is often used to denote a project that a powerful, high-ranking official is advocating?
Question 4All of the following are symptoms of organizations struggling with strategy disconnect and unclear priorities EXCEPT
Question 5Which of the following is NOT true when managing a portfolio system?
Question 6Why do project managers need to understand their organization’s mission and strategy?
Question 7Which of the following is the correct order for the strategic management process?
Question 8Project managers should not engage in organizational politics.
BUSI680 Advanced Project Management
Quiz 3
Question 1Which of the following cultural characteristics relates to the degree to which work activities are organized around groups rather than individuals?
Question 2Which of the following combinations represents the extremes of project organization?
Question 3Which of the following cultural characteristics relates to the degree to which management focuses on outcomes rather than on techniques and processes used to achieve those outcomes?
Question 4Which of the following is an advantage of a functional project management organization?
Question 5Within a matrix project management structure, the extent to which the project manager has direct authority over project participants depends on whether the matrix is weak, balanced, or strong.
Question 6_________ organization is a hybrid form in which a horizontal project management structure is “overlaid” in the normal functional hierarchy.
Question 7The matrix form of project management is notable for the tension it creates between functional managers and project managers who both bring critical expertise and perspectives to the project.
Question 8All of the following are functions culture plays in an organization EXCEPT
BUSI680 Advanced Project Management
Quiz 4
Question 1The first step of project scope definition is to
Question 2The highest element in the hierarchical breakdown of the WBS is
Question 3Which of the following is least likely to be included in a work package?
Question 4One of the items included on a project scope statement or checklist is the review with the customer.
Question 5Which of the following is a good example of a Process Breakdown Structure?
Question 6For large companies, the organization breakdown structure is used rather than the work breakdown structure.
Question 7There are 5 steps involved when defining a project; which of the following is the first?
Question 8All of the following are ways the WBS helps in managing projects EXCEPT
BUSI680 Advanced Project Management
Quiz 5
Question 1After averaging out the underestimates and overestimates, a long-duration project is more likely to be on target than a short-term, small project.
Question 2General and administrative costs are usually allocated as a percent of the total of a direct cost which includes labor, materials, or equipment.
Question 3Which of the following is a good condition for bottom-up estimating?
Question 4Refining estimates may be necessary for a number of reasons. For example, a manager getting further into a project and obtaining a better understanding of what needs to be done to accomplish a project and meet the needs of the customer is an example of
Question 5All task time estimates need consistent time units.
Question 6Janet 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 7In practice, estimating processes are frequently classified as
Question 8Learning curves are more likely to be applied in situations where most of the costs are
BUSI680 Advanced Project Management
Quiz 6
• Question 1 When completing a forward pass, you carry the early finish to the next activity where it becomes its early start unless the next succeeding activity is a merge activity. In this case you select the smallest early finish number of all its immediate predecessor activities.
• Question 2 ________ activities are to be completed immediately following a particular activity.
• Question 3 An activity cannot begin until ALL preceding connected activities have been completed.
• Question 4 Which of the following correctly calculates the late start for an activity?
Question 5 Which of the following is true about hammock activities?
• Question 6 Which of the following will correctly calculate the total slack in an activity?
• Question 7 ________ activities must be completed immediately before a particular activity.
• Question 8 A merge activity is one that merges with other activities into a succeeding activity.
BUSI680 Advanced Project Management
Quiz 7
Question 1A fixed price contract is an example of
Question 2While a “can do” attitude is essential during implementation, project managers have to encourage critical thinking when it comes to risk identification.
Question 3The risk identification process should be limited to just the core project team.
Question 4Change management systems involve reporting, controlling, and recording changes to the project baseline.
Question 5A Risk Response Matrix contains all of the following EXCEPT
Question 6When considering risk value, the lower the value, the higher the level of risk.
Question 7The risk assessment form contains all of the following EXCEPT
Question 8One common mistake that is made early on in the risk identification process is to focus on consequences and not on the events that could produce consequences.
BUSI680 Advanced Project Management
Quiz 8
Question 1If resources are truly limited and activity time estimates are accurate, the resource-constrained schedule will materialize as the project is implemented, not the time-constrained schedule.
Question 2When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called
Question 3Which of the following is NOT one of the more common problems associated with scheduling multiproject resources?
Question 4In a resource-constrained project, the first priority in assigning resources is usually given to activities with the
Question 5This is used to compare the cost accounts between organizational units and deliverables.
Question 6In a resource-constrained project the second priority in assigning resources is usually given to activities with the
Question 7The fact that you must pour foundation before you frame the house and that you have to frame the house before you can put on the roof demonstrates scheduling constraints.
Question 8When considering the sequence and timing of activities, which of the following is NOT one of the types of project network constraints?
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