Description : A key factor in staffing a project involves motivating people to meet the project’s objectives, and the most effective way to do this is through the use of money and bonuses.
Last Answer : Ans: False
Description : Which of the following statements concerning motivating marketing personnel is FALSE? A)Management must discover employees' needs and then develop motivational methods. B)Motivational methods should ... to organisational goals. E)Managers must use different tools to motivate different individuals.
Last Answer : C)Selecting effective motivational tools becomes easier as the work force becomes less diverse.
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
Description : In pursuing its quality control objectives with respect to assigning personnel to engagements, a public accounting firm may use policies and procedures such as a. Rotating employees from ... the staffing requirements of specific engagements so that enough qualified personnel can be made available
Last Answer : Requiring timely identification of the staffing requirements of specific engagements so that enough qualified personnel can be made available
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 : 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
Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team
Last Answer : Ans. Project Manager
Description : Which of the following can cause a communication barrier? 1. Differing perceptions as to project goals and objectives 2. Insufficient action on the part of the project manager 3. Competition for ... between managers and/ or other personnel 5. Resistance to change 6. All of the above
Last Answer : 6. All of the above
Description : While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path
Last Answer : c. Control chart
Description : Your firm has a philosophy that is analogous to the hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs? ... credit. B. 6-month bank notes. C. Accounts payable. D. Common stock equity.
Last Answer : B. 6-month bank notes.
Description : Which of the following would be consistent with a hedging (maturity matching) approach to financing working capital? A. Financing short-term needs with short-term funds B. Financing short-term needs ... needs with long-term funds. D. Financing some long-term needs with short-term funds.
Last Answer : A. Financing short-term needs with short-term funds
Description : A strong ____ program encourages the development of skills and talents of the employees.
Last Answer : Ans. Diversity management
Description : A Responsibility Assignment Matrix (RAM) can be used to: a. define the terms of reference of the project manager. b. define the limits of the project sponsor's responsibilities. c ... response activities to project personnel. d. allocate work packages to those responsible for project work.
Last Answer : d. allocate work packages to those responsible for project work.
Description : The successful project managers spend most of their time: A. Planning with their personnel B. Planning with the top management C. Communication with the project team (Ans.) D. Studying project results
Last Answer : C. Communication with the project team (Ans.)
Description : A Responsibility Assignment Matrix (RAM) can be used to: a. define the terms of reference of the project manager. b. define the limits of the project sponsor's responsibilities. ... response activities to project personnel. d. allocate work packages to those responsible for project work.
Description : The successful project managers spend most of their time: 1. Planning with their personnel 2. Planning with the top management 3. Communication with the project team 4. Studying project results.
Last Answer : 3. Communication with the project team
Description : Buckman Laboratories regularly conducts an employee attitude survey. The findings from this study are most useful in which of the following areas? A)Motivating personnel B)Recruiting personnel C)Employee evaluation D)Establishing performance standards
Last Answer : A)Motivating personnel
Description : Identify the incorrect statement in connection with working capital management. A. Long-term funds are more expensive than short-term funds but also riskier B. The objectives of ... fluctuating current assets E. Aggressive financing policies increase profitability at the cost of higher risk
Last Answer : A. Long-term funds are more expensive than short-term funds but also riskier
Description : Which of the following is an element of "directing an audit assistant" objective? a. Identifying in advance the staffing requirements of a particular audit engagement. b. Resolving any ... . Informing assistants of their responsibilities and the objectives of the procedures they are to perform
Last Answer : Informing assistants of their responsibilities and the objectives of the procedures they are to perform
Description : Which of the following functions or activities requires recruiting and placing qualified personnel needed for the organization so that it may achieve its objectives and goals? (a) Planning ; (b) Staffing ; (c) Organizing ; (c) Controlling
Last Answer : (b) Staffing ;
Description : The following procedures relate to Skills and Competence, except a. Identify criteria which will be considered in evaluating individual performance and expected proficiency. b. Provide procedures for ... to fill the firm's needs for personnel with expertise in specialized and industries.
Last Answer : Provide procedures for maintaining the firm's standards of quality for the work performed.
Description : What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project
Last Answer : e. Developing a project execution plan that matches the complexity level of the project
Description : Do it because I said to” is the mantra for project managers who use _____ as the default approach to resolve conflict. Select one: a. collaborating b. compromising c. accommodating d. forcing e. avoiding
Last Answer : d. forcing
Description : Jack is in charge of a project team. Due to an unexpected project change, some issues with the project have come up. Two key team members, Samantha and Felix, are arguing their ... concerns through conflict resolution. e. Delay this issue for now until it becomes a significant conflict.
Last Answer : a. Confront the problem early, and invite both Samantha and Felix to private meetings.
Description : As a project manager, while Kathy was trying to categorize all potential risks for her new construction project M based on levels of probability and impact on the project, she identified a potential risk, ... b. Risk management plan c. Project management plan d. WBS e. Scope management plan
Last Answer : d. WBS
Description : What is considered to be the most useful skill for a project manager who works in a matrix environment in order to achieve project goals? Select one: a. Leadership skill b. Influencing c. Conflict management skill d. Time management e. Planning skill
Last Answer : b. Influencing
Description : Conflict occurrence in projects is A. Unavoidable B. Depend on type of project C. Avoidable D. Depends on culture
Last Answer : A. Unavoidable
Description : Which conflict resolution technique do project managers use most often? A. Smoothing B. Norming C. Confronting D. Forcing
Last Answer : C. Confronting
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 : According to the Project Management Institute (PMI), project management is defined as the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements . Select ... b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories
Last Answer : d. skills, tools
Description : Project leader role will require an individual with strong management skills. (True/False)
Last Answer : ns. True
Description : Project Human Resource Management ensures that the most appropriate manpower with necessary skills is deployed for effective execution of the desired project. (True/False)
Last Answer : Ans. True
Description : Christine does not have the skills that her project manager feels are necessary and no money has been budgeted for outside consultants. Mentoring is a good option to improve Christine’s skills in this situation.
Description : Lauren, a systems analyst, has excellent interpersonal skills. To take advantage of her skills, the functional lead of the project should assign her to program in Java and C++
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 : 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 : 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
Description : A project planning methodology is any structured approach used to guide the project team during development of the project plan. What is an example of this methodology? 1. Standard forms or templates. 2. Upper management involvement 3. Functional work authorizations 4. Stakeholders skills
Last Answer : 1. Standard forms or templates.
Description : Customer Relationship Management is about 1. Acquiring the right Customer 2. Instituting the best processes 3. Motivating employees 4. All of the Above
Last Answer : All of the above
Description : Which one is a true statement relating to project communications? a. A project sponsor is responsible for all communication methods and media. b. Different stakeholders typically have different communication needs ... project. d. Email is the only way to communicate with large numbers of people.
Last Answer : b. Different stakeholders typically have different communication needs.
Description : Alice is a Project Manager. She is coordinating a bidder conference to allow vendors to get clarification on the work that needs to be performed. Which phase of Project Management is in progress. A. Conduct Procurements B. Plan Procurements C. Control Procurements D. Close Procurements
Last Answer : A. Conduct Procurements
Description : Complete the following statement. As the project progresses into the execution phase: Select one: a. risks need to be checked off on activities that have been performed. b. the total risk on ... risk breakdown structure needs to be examined to be sure all the risk events have been avoided.
Last Answer : a. risks need to be checked off on activities that have been performed.
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
Description : Project management provides the project managers and team members with the principles they require to effectively meet the needs of the customer. (True/False)
Description : Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organisation or organisations involved in the project. (True/False)
Description : Which one is a true statement relating to project communications? A. A project sponsor is responsible for all communication methods and media. B.Different stakeholders typically have different communication ... project. D. Email is the only way to communicate with large numbers of people
Last Answer : B.Different stakeholders typically have different communication needs
Description : Timeboxing is a popular technique which sets a fixed deadline for a project and delivers the system by that deadline no matter what, even if functionality needs to be reduced.
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.
Description : Traditional Work Breakdown Structures tend to a. focus on the design of the system as oppose to the needs of the current phase and iteration b. force too many levels of detail early on for large ... project and difficult to compare across projects d. all of the above e. none of the above
Last Answer : d. all of the above