Description : . 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
Last Answer : b. 40
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
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 stage of project management life cycle requires the maximum time of completion A.Conceptualization B.Planning C.Execution D.Estimation
Last Answer : C.Execution
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
Description : PERT (Project Evaluation and Review Technique) analysis is based on A. Optimistic time, Pessimistic time and Most likely time B.Pessimistic time, Optional time, Maximum time C.Optimistic time, Efficient time, Most likely time D.Minimax time, Optimistic time and harmonic time
Last Answer : A. Optimistic time, Pessimistic time and Most likely time
Description : The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time D. between normal time and crash time
Last Answer : D. between normal time and crash time
Description : The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time
Description : You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the ... the weighted average or expected value? A. 54 B. 66 C. 60 D. 30
Last Answer : C. 60
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 : )Which of the following fit the category of external risks? 1. Project delays, budget under-runs, movement of city utilities 2. Regulatory, currency changes, taxation 3. Natural disasters, ... , design, social impact 5. Political unrest, budget overruns, size and complexity of the project
Last Answer : 2. Regulatory, currency changes, taxation
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.
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
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.
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
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.
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
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
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.
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
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 : 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
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
Description : CV = $70,000; AC = 90,000; Budget = $200,000. What percent of the project is complete? Select one: a. 80% b. 53% c. 45% d. 35% e. 75% Answer - a. 80% 39. As a project manager, John ... paid off the project. d. John's boss is happy. e. John and his team are promoted and get salary increases.
Last Answer : c. John’s client has paid off the project.
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
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
Description : The project team has just determined that the deadline for completion will not be met. In order to deliver a high quality system on schedule, the team has requested that the features be ... that a fixed deadline be imposed for the project. This technique is referred to as SDLC methodology.
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.)
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
Description : What is the last item a project manager must do to finalize project close-out? 1. Reassign the team 2. Contract completion 3. Archive the project records 4. Complete lessons learned 5. None of the above.
Last Answer : 2. Contract completion
Description : The time with which direct cost does not reduce with the increase in time is known as A.crash time B.normal time C.optimistic time D.standard time
Last Answer : B.normal time
Description : All projects are basically ____, requiring huge money for completion and earning no return till their successful completion.
Last Answer : Ans. Capital projects
Description : According to a statistical report: over 30% of all projects are cancelled before completion and over 70% of the remainder fail to deliver expected features . What must be the reason for such ... change management b) Poor requirements management c) Poor quality control d) All of the mentioned
Last Answer : b) Poor requirements management
Description : Independent float is the amount of time by which: A. Start of the activity can be delayed without affecting the EST of subsequent activity B. reduces the float of subsequent ... without affecting EST D. completion of an activity can be delayed beyond earliest possible finishing time
Last Answer : A. Start of the activity can be delayed without affecting the EST of subsequent activity
Description : Benefits to using computer-aided software engineering (CASE) include faster task completion and alteration, centralized development information, and illustration of information through diagrams.
Description : Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.
Description : The project life cycle consists of (A) Understanding the scope of the project (B) Objectives of the project (C) Formulation and planning various activities (D) All of the above
Last Answer : (D) All of the above
Description : The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.
Last Answer : b. concept, definition, development, handover and closure.
Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options. b. ensure ... the project. d. document the outcome of the risk, change and configuration management processes.
Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the project.
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 : Which one of the following statements best describes a project? a. A project is a set of tools and techniques often used when delivering organisational change. b. A project is the sum of activities ... endeavor undertaken to achieve a desired outcome. d. A project is a method of planning work.
Last Answer : c. A unique transient endeavor undertaken to achieve a desired outcome.
Description : Project risk management is best described as: a. managing responses to threats. b. identifying and acknowledging threats and opportunities. c. planning responses to threats. d. minimising threats and maximising opportunities.
Last Answer : d. minimising threats and maximising opportunities.
Description : Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. ... Quality planning enables the project manager to manage the trade-off between customer expectations and budget
Last Answer : c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.
Description : Which of the following is the most important element of Project Management Plan that is useful in HR Planning process: A. Risk Management activities B. Quality Assurance activities C. Activity Resource requirements D. Budget Control activities
Last Answer : C. Activity Resource requirements
Description : Quality planning is the process of developing a quality plan for a) team b) project c) customers d) project manager
Last Answer : b) project
Description : Which of the following technique overcomes drawback related to LOC? A. Project Planning Sheet B. Function Point Metric C. COCOMO D. COCOMO2
Last Answer : B. Function Point Metric