. When estimating project time schedules using industry standards, the estimated project completion time for a systems project would be _____ person-months if the actual planning phase were completed in 6 person-months. a. 30 b. 40 c. 17.14 d. 9 e. 50

. When estimating project time schedules using industry standards, the estimated 

project completion time for a systems project would be _____ person-months if the actual 

planning phase were completed in 6 person-months. 

a. 30 

b. 40 

c. 17.14 

d. 9 

e. 50
by

1 Answer

Answer :

b. 40
by

Related questions

Using typical industry standards for estimating project time schedules, the estimated analysis phase would be 25 person-months for a systems project where the planning phase was completed in 30 person-months.

Description : Using typical industry standards for estimating project time schedules, the estimated  analysis phase would be 25 person-months for a systems project where the planning phase was completed in 30 person-months.

Last Answer : Ans: False

Using typical industry standards for estimating project time schedules, the estimated analysis phase would be 10 person-months for a systems project where the planning phase was completed in 7.5 person-months.

Description : Using typical industry standards for estimating project time schedules, the estimated  analysis phase would be 10 person-months for a systems project where the planning phase was completed in 7.5 person-months.

Last Answer : Ans: True

When estimating project time schedules using industry standards for a systems project, the following values are acceptable: 15% for planning, 25% for analysis, 50% for design, and 10% for implementation.

Description : When estimating project time schedules using industry standards for a systems project,  the following values are acceptable: 15% for planning, 25% for analysis, 50% for design,  and 10% for implementation.

Last Answer : Ans: False

Kathryn has little experience estimating the time it will take to complete a systems project. She has just completed the planning phase of the project. What method should she use to estimate the time required to build the system? a. adjusted project complexity b. function points c. industry standards d. Microsoft Project e. more complex approach

Description : Kathryn has little experience estimating the time it will take to complete a systems  project. She has just completed the planning phase of the project. What method should she use to estimate the ... b. function points  c. industry standards  d. Microsoft Project  e. more complex approach

Last Answer : c. industry standards

Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at completion is $75,000. What is the estimate at completion value for this project? Select one: a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000

Description : Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at  completion is $75,000. What is the estimate at completion value ... : a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000

Last Answer : d. $875,000

Fill in the blank. Risk must be considered in the _____ phase and weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Description : Fill in the blank. Risk must be considered in the _____ phase and weighed against  the potential benefit of the project’s success in order to decide if the project should  be chosen. Select one: a. completion b. closeout c. execution d. planning e. initiation

Last Answer : e. initiation

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 Actual Cost of work performed (AC = 19 crores Budgeted cost of work scheduled (PV) = 21 croresWhat is the cost performance index? A.0.895 B.0.81 C.0.90 D.1.12

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

The three steps of project management are _____. a. controlling the project, directing the project, and creating the work plan b. creating the work plan, staffing the project, and controlling and directing the project c. directing the project, creating the work plan, and naming the tasks d. naming the tasks, creating the work plan, and completing the deliverables e. setting the start date, estimating the time, and reading the actual time

Description : The three steps of project management are _____. a. controlling the project, directing the project, and creating the work plan  b. creating the work plan, staffing the project, and controlling ... the deliverables  e. setting the start date, estimating the time, and reading the actual time

Last Answer : b. creating the work plan, staffing the project, and controlling and directing the  project

When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____. a. data communications, time tradeoffs, and estimated effort b. end-user efficiency, data communications, and reusability c. performance and programming language d. reports printed and PCA e. x-rays, extensibility, and operational conversion

Description : When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.  a. data communications, time tradeoffs, and ... programming language  d. reports printed and PCA  e. x-rays, extensibility, and operational conversion

Last Answer : b. end-user efficiency, data communications, and reusability

When planning a systems project, overly optimistic timetables are the cause of project completion delays.

Description : When planning a systems project, overly optimistic timetables are the cause of project  completion delays.

Last Answer : Ans: True

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 against the potential benefit of the project’s success. Select one: a. completion, cost b. closeout, resources c. execution, performance d. planning, timing e. initiation, risk

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

A prerequisite of effective time management is: 1. Knowing the dictated project completion date 2. Having the most advanced software package for project planning, scheduling and control 3. Having a good project WBS which identifies the major project deliverables and tasks, and the person responsible for each of them 4. Having a well staffed scheduling department

Description : A prerequisite of effective time management is:  1. Knowing the dictated project completion date  2. Having the most advanced software package for project planning, scheduling and control  3. ... and the  person responsible for each of them  4. Having a well staffed scheduling department

Last Answer : 1. Knowing the dictated project completion date

The budgeted cost for all the activities in a project with the help of Earned Value Method is A. Actual Cost B. Budget at completion C. Budget for completion D. Estimate at completion

Description : The budgeted cost for all the activities in a project with the help of Earned Value  Method is  A. Actual Cost  B. Budget at completion  C. Budget for completion  D. Estimate at completion

Last Answer : D. Estimate at completion

What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate the interdependencies of all tasks c. They can be used to estimate the expected project completion dates as well as the probability that the project will be completed by a specific date d. All of the above

Description : What is the benefit of using PERT/CPM network as integral component of project management? a. They furnish a consistent framework for planning, scheduling, monitoring and controlling project b. They illustrate ... that the project will be completed by a specific date d. All of the above

Last Answer : d. All of the above

Which stage of project management life cycle requires the maximum time of completion A.Conceptualization B.Planning C.Execution D.Estimation

Description : Which stage of project management life cycle requires the maximum time of  completion  A.Conceptualization  B.Planning  C.Execution  D.Estimation

Last Answer : C.Execution

What is a project phase? A. A collection of logically related project activities that culminate in the completion of one or more deliverables (Ans.) B. A singular activity that completes a deliverable C. Consists of work that has very similar parts D. A consistent period of time that is used throughout a project

Description : What is a project phase? A. A collection of logically related project activities that culminate in the completion  of one or more deliverables (Ans.)  B. A singular activity that completes a ... that has very similar parts D. A consistent period of time that is used throughout a project

Last Answer : A. A collection of logically related project activities that culminate in the completion  of one or more deliverables (Ans.)

Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.

Description : Project management is the second major component of the planning phase of the  systems development life cycle (SDLC), and it includes three steps: creating the work  plan, staffing the project, and controlling and directing the project.

Last Answer : Ans: True

Each project phase is marked by completion of one or more:1. Tasks. 2. Milestones 3. Deliverables 4. Life cycles

Description : Each project phase is marked by completion of one or more: 1. Tasks.  2. Milestones  3. Deliverables  4. Life cycles

Last Answer : 3. Deliverables

Function points are used to measure the estimated _____ of a project. a. complexity b. effort required c. program size d. time required

Description : Function points are used to measure the estimated _____ of a project.  a. complexity  b. effort required  c. program size  d. time required

Last Answer : c. program size

The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning(C) execution (D) closure

Description : The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning (C) execution (D) closure

Last Answer : (A) initiation

Which of the following statements concerning audit planning is incorrecta. Planning is a continual and iterativeprocess.b. Planning is a discrete phase of anaudit.c. In a recurring audit, planning oftenbegins shortly after (or in connectionwith) the completion of the previousaudit and continues until the completionof the current audit engagement.d. In planning an audit, the auditorconsiders the timing of certain planningactivities and audit procedures that areto be completed prior to the performanceof further audit procedures

Description : Which of the following statements concerning audit planning is incorrect a. Planning is a continual and iterative process. b. Planning is a discrete phase of an audit. c. In a recurring ... activities and audit procedures that are to be completed prior to the performance of further audit procedures

Last Answer : Planning is a discrete phase of an audit

A software company needs to develop a project that is estimated as 1000 function points and is planning to use JAVA as the programming language whose approximate lines of code per function point is accepted as 50. Considering a=1.4 as multiplicative factor, b=1.0 as exponention factor for the basic COCOMO effort equation and c=3.0 as multiplicative factor, d=0.33 as exponention factor for the basic COCOMO duration equation, approximately how long does the project take to complete? (1) 11.2 months (2) 12.2 months (3) 13.2 months (4) 10.2 months

Description : A software company needs to develop a project that is estimated as 1000 function points and is planning to use JAVA as the programming language whose approximate lines of code per function point is accepted as 50. Considering a=1. ... ? (1) 11.2 months (2) 12.2 months (3) 13.2 months (4) 10.2 months

Last Answer : Generally, any projects are measured in weeks. However, the complex project might take more time depending on the level of object re-use available.

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realized.

Description : When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project ... must be disposed of. d. the capability is now in place for the benefits to be realized.

Last Answer : d. the capability is now in place for the benefits to be realized.

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realised.

Description : When a project has completed the handover and closure phase:  a. the project deliverables are ready for commissioning.  b. the project deliverables are ready for handing over to the users.  c. the ... must be disposed of.  d. the capability is now in place for the benefits to be realised.

Last Answer : d. the capability is now in place for the benefits to be realised.

1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50'. What number is missing? -Riddles

Description : 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50'. What number is missing? -Riddles

Last Answer : 22

Which of the following items should not be includedb) Detailed schedules, budgets and resource allocations c) The life cycle model to be used d) The organisational structure of the development organisation, project responsibilities, managerial objectives and priorities e) None of the above. in the project management plan? a) The techniques and case tools to be used

Description : Which of the following items should not be included in the  project management plan? a) The techniques and case tools to be used b) Detailed schedules, budgets and resource ... development  organisation, project responsibilities, managerial  objectives and priorities e) None of the above.

Last Answer : c) The life cycle model to be used

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

A firm is about to undertake a project and has compu10% 130 15% 50 20% -50 What is the approximate IRR of this project? A 20% B 17.5% C 15% D 22.5%ted the NPV of the project using a variety of discount rates: Discount Rate used NPV

Description : A firm is about to undertake a project and has computed the NPV of the project using a variety of discount rates:  Discount Rate used NPV 10% 130  15% 50  20% -50  What is the approximate IRR of this project?  A 20%  B 17.5%  C 15%  D 22.5%

Last Answer : B 17.5%

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Boehm suggests an approach that addresses project objectives, milestones and schedules, responsibilities, management and technical approaches and required resources, This principle is called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Description : Boehm suggests an approach that addresses project objectives,  milestones and schedules, responsibilities, management and  technical approaches and required resources, This principle is  called as . a. W3HH principle b. WHO principle c. W5HH principle d. None of the above.

Last Answer : c. W5HH principle

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organisation to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as:  a. control in the implementation of changes to project schedules.  b. an organisation to review proposed changes to the project deliverables ... and documentation.  d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Which of the following represents the estimated value of the work actually accomplished? A. Earned value (EV) B. Planned value (PV) C. Actual cost (AC D. Cost variance (CV)

Description : Which of the following represents the estimated value of the work actually  accomplished?  A. Earned value (EV)  B. Planned value (PV)  C. Actual cost (AC  D. Cost variance (CV)

Last Answer : A. Earned value (EV)

Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to enable benefits to be realised. c. to take ultimate accountability for the delivery of the business benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Description : Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to ... benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Last Answer : b. to deliver the project objectives to enable benefits to be realised.

According to leading experts in software development, the margin of error when estimating project costs is 100% and the margin of error in project scheduling time is 25%.

Description : According to leading experts in software development, the margin of error when  estimating project costs is 100% and the margin of error in project scheduling time is  25%.

Last Answer : Ans: True

Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to enable benefits to be realised. c. to take ultimate accountability for the delivery of the business benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

Description : Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time.  b. to deliver the project objectives to ... benefits.  d. to delegate all accountability for managing time, cost and quality to team leaders.

Last Answer : b. to deliver the project objectives to enable benefits to be realised.

A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Description :  A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Last Answer : A. Cost Baseline

Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan. d. sub-contractor’s responsibilities.

Description : Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan. d. sub-contractor’s responsibilities.

Last Answer : a. overall project duration.

Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan.

Description : Scheduling can best be defined as the process used to determine:  a. overall project duration.  b. project cost estimating.  c. the project management plan.

Last Answer : a. overall project duration.

Ryan, a newly hired systems analyst/consultant, is about to begin a systems project. Where will Ryan look first to locate the identifiable tasks he will record in his work plan? a. call a friend at a competing firmb. his Systems Analysis text book from college c. the company training materials for the company methodology d. the project planning software available at the local bookstore e. the website of his old college professor

Description : Ryan, a newly hired systems analyst/consultant, is about to begin a systems project.  Where will Ryan look first to locate the identifiable tasks he will record in his work plan?  a. ... . the project planning software available at the local bookstore  e. the website of his old college professor

Last Answer : c. the company training materials for the company methodology

Fill in the blank. Crashing refers to when the task duratioSelect one: a. scope creep b. floated c. slack d. compressed e. expeditedn’s are __ along the critical path to meet the project completion date.

Description : Fill in the blank. Crashing refers to when the task duration’s are __ along the  critical path to meet the project completion date. Select one: a. scope creep b. floated c. slack d. compressed e. expedited

Last Answer : d. compressed

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.

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

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

The work plan records and keeps track of all of the tasks that need to be accomplished over the life of the project, listing each task, along with important information about it, such as when it needs to be completed, the person assigned to do the work, and any deliverables that will result.

Description : The work plan records and keeps track of all of the tasks that need to be accomplished  over the life of the project, listing each task, along with important information about it,  such as when it needs to be completed, the person assigned to do the work, and any  deliverables that will result.

Last Answer : Ans: True

Expert power is the power that comes from the amount of knowledge a person has obtained in a specific area. This type ofpower is: 1. Critical to a project manager because the PM has to have as much or more knowledge than any of the team members tomake sure the project is completed successfully 2. Used by the PM to influence upper management and the critical stakeholders 3. Important if the project manager wants to maintain the respect of the project team 4. Used sparingly if at all by the PM because the PM cannot stay current on all areas of expertise and also manage the project

Description : Expert power is the power that comes from the amount of knowledge a person has obtained in  a specific area. This type ofpower is: 1. Critical to a project manager because the PM has to have ... by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

Last Answer : 4. Used sparingly if at all by the PM because the PM cannot stay current on all areas of  expertise and also manage the project

_____ 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. a. Project management b. Symantic timeline c. Task identification d. Time estimation e. Work plan

Description : _____ 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.  a. Project management  b. Symantic timeline  c. Task identification  d. Time estimation  e. Work plan

Last Answer : a. Project management

Who orchestrate the completion of the project by inducting the right people at the right time to address the right issue and make the right decisions? A.Project Coordinator B.Project Manager C.Operations Manager D.Strategic Business Unit Head

Description : Who orchestrate the completion of the project by inducting the right people at the  right time to address the right issue and make the right decisions?  A.Project Coordinator  B.Project Manager  C.Operations Manager  D.Strategic Business Unit Head

Last Answer : B.Project Manager

. A key aspect of managing a project involves: a. definingb. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives which operational systems to put in place.

Description : . A key aspect of managing a project involves: a. defining which operational systems to put in place. b. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives

Last Answer : d. planning to achieve defined objectives.

A key aspect of managing a project involves: a. defining which operational systems to put in place. b. identifying routine tasks. c. ensuring ongoing operations are maintained. d. planning to achieve defined objectives.

Description : A key aspect of managing a project involves:  a. defining which operational systems to put in place. b. identifying routine tasks.  c. ensuring ongoing operations are maintained.  d. planning to achieve defined objectives.

Last Answer : d. planning to achieve defined objectives.