Which of the following processes is not part of project integration management?
a) develop the project biz case
b) dev the pro management plan
c) close the project
a) develop the project biz case
What is the last step in the four-stage planning process for selecting IT projects?
a) IT strategy planning
b) biz area analysis
c) project planning
d) resource allocation
Which of the following is not a best practice for new product development projects?
a) align projects and resources with business strategy
b) select projects that will take less than two years to provide payback
c) focus on customer needs in identifying projects
d) assign project managers to lead projects
b) select projects that will take less than two years to provide payback
A new government aw requires an organization to report data in a new way. Under which category would a new IS project to provide this data fall?
a) problem
b)opportunity
c) directive
d) regulation
If estimates for total discounted benefits for a project are $120,000 and total discounted costs are $100,000, what is the ROI?
a) 20,000
b) 120,000
c) 20%
d) 120%
A _____ is a document that formally recognizes the existence f a project and provides direction on the project's objectives and management.
a) project charter
b) preliminary scope statement
c) business case
d) project management plan
A ______ often includes sensitive information, so it should not be part of the overall project plan for anyone to see.
a) business case
b) project charter
c) personnel chart
d) stakeholder analysis
Project managers use ______ to identify, evaluate and manage changes throughout the project like cycle.
a) change control board
b) integrated change board
c) a baseline
d) configuration management
Which of the following is not a suggestion for performing integrated change control?
a) use good configuration management
b) minimize change
c) establish formal change control system
d) view project management as a process of constant communication and negotiation
A list of project documentation, project closure documents and historical information produced by the project are all examples of ______
a) lessons learned
b) deliverables
c) project management software outputs
d) process assets
What is the first process in planning a project schedule?
a) milestone definition
b) activity definition
c) activity resource estimation
d) activity sequencing
Predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates, and assumptions are all examples of _________
a) items in an activity list
b) items on a Gantt chart
c) milestone attributes
d) activity attributes
As the project manager for a software development project, you are helping to develop its schedule. You decide that writing code for a system cannot start until users sign off on the analysis work. What type of dependency is this?
a) technical
b) mandatory
c) discretionary
d) external
You cannot start editing a technical report until someone else completes the first draft. What type of dependency does this represent?
a) finish to start
b) start to finish
c) finish to finish
d) start to finish
Which of the following statements is false?
a) a resource breakdown structure is a hierarchical structure that identifies the project's resources by category and type
b) duration and effort are synonymous terms
c)a three-point estimate is an estimate that includes an optimistic, most likely and pessimistic estimate
d) a Gantt chart is a common tool for displaying project schedule information
b) duration and effort are synonymous terms
What symbol on a Gantt chart represents a slipped milestone?
a) a black arrow
b) a white arrow
c) a black diamond
d) a white diamond
What type of diagram shows planned and actual project schedule information?
a) a network diagram
b) Gantt Chart
c) a tracking Gantt chart
d) a milestone chart
c) a tracking Gantt chart
__________ is a network diagramming technique used to predict total project duration
a) PERT
b) Gantt chart
c) Critical Path
d) Crashing
Which of the following statements is false?
a) "growing grass" as on the critical path for a large theme park project
b) the critical path is a series of activities that determine the earliest time by which a project can be completed
c) a forward pass through a project network diagram determines the early start and early finish dates for each activity
d) fast tracking is a technique for making cost and schedule trade-offs to obtain the greatest
amount of schedule compression for the least incremental cost.
d) fast tracking is a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost.
__________ is a method of scheduling that considers limited resources when creating a project schedule and includes buffers to protect the project completion date
a) Parkinson's Law
b) Murphy's Law
c) Critical Path analysis
d) Critical Chain Scheduling
d) Critical Chain Scheduling
_________ is a resource sacrificed or foregone to achieve a specific objective or something given up in an exchange
a) money
b)liability
c) trade
d) cost
What is the main goal of project cost management?
a) to complete a project for as little cost as possible
b) to complete a project within an approved budget
c) to provide truthful and accurate cost information on projects
d) to ensure that an organization's money is wisely used
b) to complete a project within an approved budget
Which of the following is not a key output of project cost management?
a) a cost estimate
b) a cost management plan
c) updates to the cost management plan
d) a cost baseline
b) a cost management plan
If a company loses $5 for every $100 in revenue for a certain product, what is the profit margin for that product?
a) -5%
b) 5%
c)-5$
d) 5$
_________ reserves allow for future situations that are unpredictable.
a) contingency
b) financial
c) management
d) baseline
You are preparing a cost estimate for a building based on its location, purpose, ft2, and other characteristics. What cost estimating technique are you using?
a) parametric
b) analogous
c) bottom-up
d) top-down
_______ involves allocating the project cost estimate to individual work items over time.
a) reserve analysis
b) life cycle costing
c) project cost budgeting
d) earned value analysis
c) project cost budgeting
__________ is a project performance measurement technique that integrates scope, time and cost data.
a)reserve analysis
b) life cycle costing
c) project cost budgeting
d) earned value analysis
if the actual cost for a WBS item is $1500 and its earned value was $2000, what is its cost variance, and is it under or over budget?
a) -$500, over
b) -$500, under
c) $500, over
d) $500, under
If a project is halfway completed and its scheduled performance index is 110% and its cost performance index is 95% how is it progressing?
a) ahead of schedule and under budget
b) ahead of schedule, over budget
c)behind schedule, under
d) behind, over
b) ahead of schedule, over budget