What are the key components in the "Triple constraint Triangle"? A. Scope, Schedule, Cost, Project Manager B. Scope, Time, Cost, Project (Ans.)C. Time, Money, Scope, Project D. Project Manager, Time, Scope, Money

What are the key components in the "Triple constraint Triangle"? 

A. Scope, Schedule, Cost, Project Manager

B. Scope, Time, Cost, Project (Ans.)

C. Time, Money, Scope, Project

D. Project Manager, Time, Scope, Money
by

1 Answer

Answer :

B. Scope, Time, Cost, Project (Ans.)
by

Related questions

In the project management theory, balancing scope, schedule, and cost goals is often termed as (A) triangular dilemma (B) triple constraint (C) fundamental trade-off (D) project portfolio management

Description : In the project management theory, balancing scope, schedule, and cost goals is often termed as (A) triangular dilemma (B) triple constraint (C) fundamental trade-off (D) project portfolio management

Last Answer : (B) triple constraint

The project manager works with the project sponsor to identify the necessary resources and team members needed to further develop the key project parameters – Cost, Scope, Schedule, and Quality (CSSQ). (True/False)

Description : The project manager works with the project sponsor to identify the necessary resources  and team members needed to further develop the key project parameters – Cost, Scope,  Schedule, and Quality (CSSQ). (True/False)

Last Answer : Ans. True

The Scope Baseline is: 1. the original description of the project's end results 2. a summary description of the project's original content and end product, including basic budgetary and time constraint data 3. the original project budget and schedule 4. a and c

Description : The Scope Baseline is: 1. the original description of the project's end results  2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data 3. the original project budget and schedule  4. a and c

Last Answer : 2. a summary description of the project's original content and end product, including basic  budgetary and time constraint data

What Is A Triple Constraint Triangle In Project Management?

Description : What Is A Triple Constraint Triangle In Project Management?

Last Answer : Project cost, schedule and scope are depicted as a project management triangle. The triangle is formed by customer as the center point and the three aspects form the sides of triangle. In order to ... if the customer increases the scope, then the other two legs-schedule and costget affected a lot.

What Is Triple Constraint Triangle In Project Management?

Description : What Is Triple Constraint Triangle In Project Management?

Last Answer : It is the balance of the project’s scope, schedule and cost. It is also called as Dempster’s triangle.

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

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

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

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

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

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

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

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

Scope, cost, and schedule are some of the parameters used for project negotiation. (True/False)

Description : Scope, cost, and schedule are some of the parameters used for project negotiation.  (True/False)

Last Answer : Ans. True

The most common reason for schedule and cost overruns that surface after the project is underway is scope creep.

Description : The most common reason for schedule and cost overruns that surface after the project  is underway is scope creep.

Last Answer : Ans: True

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. An approach that combines the schedule and cost baseline into a project performance and progress measurement tool. C. An approach that combines the scope and cost baseline into a project performance and progress measurement tool.

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.

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.

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.

A risk is defined as what might happened to the ____________ of the project 1. assessment 2. detriment 3. schedule 4. cost 5. scope

Description : A risk is defined as what might happened to the ____________ of the project 1. assessment  2. detriment  3. schedule  4. cost  5. scope

Last Answer : 2. detriment

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

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)

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

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

A Project control system: 1. Monitors and controls the project's schedule, costs, scope, budgets etc 2. Is a mechanism which reacts to the current project status in order to endure accomplishment of project objectives 3. Is only needed on large mega projects 4. Is a system for controlling and executing project documentation in an uniform and timely manner

Description : A Project control system: 1. Monitors and controls the project's schedule, costs, scope, budgets etc  2. Is a mechanism which reacts to the current project status in order to endure ... 4. Is a system for controlling and executing project documentation in an uniform and timely  manner

Last Answer : 1. Monitors and controls the project's schedule, costs, scope, budgets etc

The Scope Statement should contain which of the following? 1. Project schedule 2. Project budget constraints 3. Summary of project tasks , deliverables and resources required 4. Project objectives

Description : The Scope Statement should contain which of the following? 1. Project schedule  2. Project budget constraints  3. Summary of project tasks , deliverables and resources required  4. Project objectives

Last Answer : 4. Project objectives

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

What should be done by the project manager to ensure that all the work in the project is included? Select one: a. Create a contingency plan. b. Create a risk management plan. c. Create a WBS. d. Create a statement of work. e. Create a scope statement.

Description : What should be done by the project manager to ensure that all the work in the  project is included? Select one: a. Create a contingency plan. b. Create a risk management plan. c. Create a WBS. d. Create a statement of work. e. Create a scope statement.

Last Answer : c. Create a WBS.

Complete the following statement. As a project manager, Darrell is excited that he is assigned to be in charge of the most important project this year. After being chartered for the project, he analyses the information in the project charter and the stakeholder register to: Select one: a. decide how to draft a scope statement. b. start to define and develop the stakeholder needs and requirements c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Description : Complete the following statement. As a project manager, Darrell is  excited that he is assigned to be in charge of the most important project  this year. After being chartered for the project, he ... c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Last Answer : b. start to define and develop the stakeholder needs and requirements

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement. Which of the following is not contained in D. Project configuration management requirementsthe project scope statement? A. Constraints B. Project specifications C. Requested changes

Description : Your company has asked you to be the project manager for the product introduction  of its new DeskTop Rock media system. You recently published the project scope  statement. Which ... . Constraints  B. Project specifications  C. Requested changes D. Project configuration management requirements

Last Answer : C. Requested changes

According to the PMBOK Guide, the project manager is identified and assigned during which process? A. Prior to beginning the Develop Project Charter process B. At the conclusion of the Develop Project Charter process C. Prior to beginning the Planning processes D. Prior to beginning the Preliminary Scope Statement process

Description : According to the PMBOK Guide, the project manager is identified and assigned  during which process?  A. Prior to beginning the Develop Project Charter process B. At the conclusion of the ... . Prior to beginning the Planning processes D. Prior to beginning the Preliminary Scope Statement process

Last Answer : C. Prior to beginning the Planning processes

) One of the initial project documents, issued by senior management, which outlines the authority of the project manager, is called Project charter. As a seller, what other document can be used in this place: 1. Work breakdown structure 2. Project scope 3. Contract 4. Internal memo

Description : ) One of the initial project documents, issued by senior management, which outlines the  authority of the project manager, is called Project charter. As a seller, what other document can  be used in this place: 1. Work breakdown structure  2. Project scope  3. Contract  4. Internal memo

Last Answer : 3. Contract

How does a project differ from an ongoing work effort? A. It is unique B. It involves more than one person C. It has a project manager D. It is not a repetitive process that follows an organization’s existing procedures (Ans.)

Description : How does a project differ from an ongoing work effort?  A. It is unique B. It involves more than one person C. It has a project manager D. It is not a repetitive process that follows an organization’s existing procedures  (Ans.)

Last Answer : D. It is not a repetitive process that follows an organization’s existing procedures  (Ans.)

Jim Smith, the project manager for a high-profile project, has permitted the users to add additional features to the systems project. The schedule and costs are now running over. This project suffers from poor standards.

Description : Jim Smith, the project manager for a high-profile project, has permitted the users to  add additional features to the systems project. The schedule and costs are now running  over. This project suffers from poor standards.

Last Answer : Ans: False

You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D department has agreed to release two resources to work on your project in order to meet the federal grant application date. This is an example of _______________. A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Description : You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D ... .  A. Crashing B. fast tracking C. resource leveling D. adjusting the resource calendar

Last Answer : A. Crashing

Which one of the following is a valid project Key Performd. Master schedule.ance Indicator (KPI)? a. Staff appraisals. b. Management buy in. c. Milestone achievement.

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.

Shauna has recently been appointed as a project manager for Project SkyNorth, which is regarded as an important project in her organization. During the project planning meeting, Shauna is capable of allocating key resources and personnel that she needs for this project. Which organizational structure is best for Shauna’s company? Select one: a. Balanced md. Projectized organization e. Hierarchical organizationatrix organization b. Matrix organization c. Functional organization

Description : Shauna has recently been appointed as a project manager for Project SkyNorth,  which is regarded as an important project in her organization. During the project  planning meeting, ... b. Matrix organization c. Functional organization d. Projectized organization e. Hierarchical organization

Last Answer : d. Projectized organization

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 next milestone. b. Continue to follow the exact same project plan that helped the team achieve the milestone. c. Allow the team to reflect on finding new ways of approaching the project work. d. Select an upcoming key event and designate it as the next milestone. e. Stretch the goals of the project team, making them more tough and rigorous.

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.

Scope creep is only a minor factor in projects running over schedule, and every effort should be made to incorporate any changes into the present system if they would truly be beneficial.

Description : Scope creep is only a minor factor in projects running over schedule, and every effort  should be made to incorporate any changes into the present system if they would truly be  beneficial.

Last Answer : Ans: False

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

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

. A project is typically defined in terms of scope, time, cost and which other parameter? a. Benefits. b. Quality. c. Tolerance. d. Controls.

Description : . A project is typically defined in terms of scope, time, cost and which other parameter? a. Benefits. b. Quality. c. Tolerance. d. Controls.

Last Answer : b. Quality.

Which one of the following statements is true?a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. An increase in the project quality requirements is likely to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Description : Which one of the following statements is true? a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. ... to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Last Answer : a. An increase in project scope is likely to increase project cost.

A project is typically defined in terms of scope, time, b. Quality. c. Tolerance. d. Controls.cost and which other parameter? a. Benefits.

Description : A project is typically defined in terms of scope, time, cost and which other parameter?  a. Benefits. b. Quality.  c. Tolerance.  d. Controls.

Last Answer : b. Quality.

Which one of the following statements is true? a. An increase in project scope is likely to increase project cost. b. A decrease in the project time is likely to increase project quality. c. An increase in the project quality requirements is likely to decrease project cost. d. A decrease in the project cost is likely to decrease project time.

Description : Which one of the following statements is true?  a. An increase in project scope is likely to increase project cost.  b. A decrease in the project time is likely to increase project quality.  c. ... to decrease project cost.  d. A decrease in the project cost is likely to decrease project time.

Last Answer : a. An increase in project scope is likely to increase project cost.

Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality. Ans: True

Description : Project management is the process of planning and controlling the development of a  system within a specified time frame at a minimum cost with the right functionality.  Ans: True

Last Answer : Ans: True

The ____ manages the four basic elements of a project: resources, time, money, and scope

Description : The ____ manages the four basic elements of a project: resources, time, money, and  scope

Last Answer : Ans. Project Manager

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

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

Controlling the changes in the project may affect (A)The progress of the project (B)Stage cost (C)Project scope (D)All of the abov

Description : Controlling the changes in the project may affect (A)The progress of the project (B)Stage cost (C)Project scope (D)All of the abov

Last Answer : (D)All of the abov

When developing a project's scope statement, which of the following should not be included? 1. Project justification. 2. Cost/benefit analysis 3. Project deliverables 4. Measurable objectives

Description : When developing a project's scope statement, which of the following should not be  included? 1. Project justification.  2. Cost/benefit analysis  3. Project deliverables  4. Measurable objectives

Last Answer : 1. Project justification.

. If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance

Description : . If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance

Last Answer : D. There is no cost variance

A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance

Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance

Last Answer : C. Management Contingency Reserve

The project schedule is used to determine all of the following except which one? A. Cost estimates B. Activity start dates C. Float times D. Activity end dates

Description : The project schedule is used to determine all of the following except which one?  A. Cost estimates B. Activity start dates C. Float times D. Activity end dates

Last Answer : A. Cost estimates

. If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance

Description : . If the Earned Value is equal to Actual Cost, it means: A. Project is on budget and on schedule B. Schedule Variance Index is 1 C. There is no schedule variance D. There is no cost variance

Last Answer : D. There is no cost variance

A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance

Description : A Project with a total funding of $100,000 finished with a BAC value of $95,000. What term  can BEST describe the difference of $5,000? A. Cost Variance B. Management Overhead C. Management Contingency Reserve D. Schedule Variance

Last Answer : C. Management Contingency Reserve