Description : Which one of the following is a valid project Key Performance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement. d. Master schedule.
Last Answer : c. Milestone achievement.
Description : KPI Stands for 1. Key Performance Indicator 2. Key Performance Index 3. Key Product Indicator 4. Key Process Index
Last Answer : Key Performance Indicator
Description : Which of the following establishes key dates throughout the life of a project that must be met for the project to finish on time? Select one: a. Critical path b. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedule
Last Answer : e. Milestone schedule
Description : After the celebration of the successful milestone completion, a project manager will often do which of the following? Select one: a. Continue to increase the intensity of the project to achieve the ... milestone. e. Stretch the goals of the project team, making them more tough and rigorous.
Last Answer : c. Allow the team to reflect on finding new ways of approaching the project work.
Description : Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude
Last Answer : b. change management process.
Description : Which one of the following illustrates why effective project management is beneficial to an organization? a. It utilizes resources as and when required under direction of a project manager. b. ... d. It ensures that the chief executive is accountable for the achievement of the defined benefits.
Last Answer : a. It utilizes resources as and when required under direction of a project manager.
Description : Which one of the following best describes project success criteria? a. Actively seeking some senior management support. b. Measures by which the success of the project is judged. c. Achievement of milestones. d. A motivated project team.
Last Answer : b. Measures by which the success of the project is judged.
Description : Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover
Last Answer : c) Testing
Description : Which of the following is not considered as a risk in project management? a. Specification delays b. Product competition c. Testing d. Staff turnover
Last Answer : c. Testing
Description : A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.
Last Answer : a. gate review.
Description : Which of the following is typically a written document that defines what work will be accomplished by the end of the project? Select one: a. Scope of work (SOW) b. Project logic diagram c. Milestone schedule d. Ballpark estimate e. Work breakdown structure
Last Answer : a. Scope of work (SOW)
Description : A project budget estimate that is developed with the least amount of knowledge is known as which of the following? Select one: a. Rough order of magnitude (ROM) estimate b. Scope of work estimate c. Conceptual estimate d. Line estimate e. Milestone schedule estimate
Last Answer : c. Conceptual estimate
Description : Work that continues throughout the project and does not relate to any specific phase of development is termed a(n) a) Milestone b) Project function c) Activity d) Task e) Baseline.
Last Answer : b) Project function
Description : A horizontal bar chart that shows project tasks against a calendar is called (A) milestone (B) goal (C) Gantt chart (D) PERT chart
Last Answer : (C) Gantt chart
Description : Fill in the blank. Risk represents the likelihood that an event will happen during the life of the project that will negatively affect the ________________ of project goals. Select one: a. scope creep b. achievement c. float d. rough order of magnitude e. slack
Last Answer : b. achievement
Description : Effective project management focuses on the four P’s. What are those four P’s? a. People, performance, payment, product b. People, product, process, project c. People, product, performance, project d. All of the above.
Last Answer : b. People, product, process, project
Description : What is the definition of Earned Value Management? A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool. B. ... approach that combines the scope and cost baseline into a project performance and progress measurement tool.
Last Answer : A. An approach that combines the scope, schedule, and cost baseline into a project performance and progress measurement tool.
Description : Earned value management integrates scope, cost, and schedule measures to: A. assess project performance and progress. B. develop a preliminary budget. C. assess communication effectiveness among project team members. D. assess whether all requirements were met.
Last Answer : A. assess project performance and progress.
Description : After Ling finished drafting a new project charter, she sent a copy of the charter to all key project parties including the project sponsor, senior management and key stakeholders, and scheduled ... from the key project players. e. Obtain officially signed project charters from the key parties.
Last Answer : e. Obtain officially signed project charters from the key parties.
Description : What is a key aspect of Project Manger leadership? A. Great management skills B. Negotiation C. Creating a clear vision for the team to follow D. Time management
Last Answer : C. Creating a clear vision for the team to follow
Description : Five dimensions that must be managed on a project (A) Constraint, Quality, Cost, Schedule, Staff (B) Features, Quality, Cost, Schedule, Staff (C) Features, priority, Cost, Schedule, Staff (D) Features, Quality, Cost, Schedule, customer
Last Answer : (B) Features, Quality, Cost, Schedule, Staff
Description : Which one of the following is the last step of project closings? Select one: a. The client has accepted the product. b. Archives are complete. c. The client appreciates your product. d. Lessons learned are documented. e. Temporary staff is released.
Last Answer : b. Archives are complete.
Description : dimensions that must be managed on a project (A)Constraint, Quality, Cost, Schedule, Staff (B)Features, Quality, Cost, Schedule, Staff (C)Features, priority, Cost, Schedule, Staff (D)Features, Quality, Cost, Schedule, customer
Last Answer : (B)Features, Quality, Cost, Schedule, Staff
Description : Adding staff to a project to shorten the project’s length is usually a wise move, because adding staff normally translates into increased productivity
Last Answer : Ans: False
Description : To complete a 20 person-month project in 10 months, a team should have 4 full-time staff members assigned to the project.
Description : To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a ... of the SDLC and the steps that occur in each e. set conservative numbers for the project software
Last Answer : d. list the four phases of the SDLC and the steps that occur in each
Description : People participated in or affected by project activities are known as (A) staff (B) stakeholders (C) project team (D) project managers
Last Answer : (B) stakeholders
Description : Five dimensions that must be managed on a project A. Constraint, Quality, Cost, Schedule, Staff B. Features, Quality, Cost, Schedule, Staff C. Features, priority, Cost, Schedule, Staff D. Features, Quality, Cost, Schedule, customer
Last Answer : B. Features, Quality, Cost, Schedule, Staff
Description : Ans Bangla has crossed 50 thousand questions and a huge milestone of answers. How do you feel about this achievement ? Express your feelings ?
Last Answer : 50 thousand + questions-answers Many heartfelt greetings and heartfelt congratulations to Ans Bangla for touching the milestone . And I'm really proud to be a part of it. Many thanks also to Habibur ... repository of knowledge! Hopefully soon Ans Bangla will reach the peak of success. Thank you!
Description : Which of the following may generate a milestone list: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations
Last Answer : A. Define Activities
Description : The statistical tool that depicts a project’s tasks and the relationships between those tasks is known as (A) milestone (B) goal (C) Gantt chart (D) PERT chart
Last Answer : (D) PERT chart
Description : Project performance consists of (A) Time (B) Cost (C) Quality (D) All of the above
Last Answer : (C) Quality
Description : Which one of the following statements best defines teamwork? a. People working collaboratively towards a common goal. b. Developing skills that will enhance project performance. c. Gathering the ... together to work on a project. d. Establishing vision and direction towards a common purpose.
Last Answer : a. People working collaboratively towards a common goal.
Description : . The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.
Last Answer : a. quality assurance.
Description : A(n) _ is a review of the quality plan, procedures, data collection, and analysis by an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit
Last Answer : e. quality audit
Description : Fill in the blanks. It is during the ______________ phase that the decision should be made regarding whether the project should continue. During this phase, ____________ must be considered and weighed ... . closeout, resources c. execution, performance d. planning, timing e. initiation, risk
Last Answer : e. initiation, risk
Description : Which of the following project baselines provides the basis for measurement of the expected cash flow against requirements over time and is often displayed as an S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline
Last Answer : b. Cost performance baseline
Description : The purpose of project planning is to identify various areas of the project work and the influencing factors, and subsequently define the boundaries of the project performance. (True/False)
Last Answer : Ans. True
Description : Project performance consists of (A)Time (B)Cost (C)Quality (D)All of the above
Last Answer : (D)All of the above
Description : Which of these characteristics are used to determine the scope of a project? a. Only performance. b. Only context. c. Information objectives, function, performance d. None of the above.
Last Answer : c. Information objectives, function, performance
Description : In tracking, reporting and controlling, the process engage whether the project results are in accordance with a. project plans b. performance specification c. both a, b d. none of the above
Last Answer : c. both a, b
Description : A project with total budget cost of 30 crores is scheduled to be completed in 80 weeks. A periodic review was carried out at end of 60 weeks and results are as given: Budgeted cost of work performed (EV) = 17 ... crores What is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12
Last Answer : A.0.895
Description : A cost performance index (CPI) of 0.89 means: A. At this time, we expect the total project to cost 89 percent more than planned B. When the project is completed we will have spent 89 ... at 89 percent of the rate planned D. The project is only getting 89 cents out of every dollar invested
Last Answer : D. The project is only getting 89 cents out of every dollar invested
Description : Project Manager must ensure that it develops appropriate trade off/s as A. Time, cost and performance B. Time, value and performance C.Men, Materials and Machines D.Money, Cost and Return on Investment
Last Answer : A. Time, cost and performance
Description : Which risk is connected to the circumstance outside the project that may influence the scope of work and the performance of the organization? A.Operational Risk B.Financial Risk C.Strategic Risk D.Contextual Risk
Last Answer : D.Contextual Risk