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

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
by

1 Answer

Answer :

c. both a, b
by

Related questions

Which of the following is true about management meetingc. They are purely fact-based meetings with a left-brain type focus. d. They have very little dialogue except to ask clarification questions. e. They are oriented toward developing plans, tracking progress of existing plans, and making adjustments to plans in response to new information.s? Select one: a. They are short meetings to develop a common understanding of what the short-term priorities are for the project. b. They focus on short-term activities, usually less than a week in duration.

Description : Which of the following is true about management meetings? Select one: a. They are short meetings to develop a common understanding of what the short-term  priorities are for the project. ... , tracking progress of existing plans, and  making adjustments to plans in response to new information.

Last Answer : e. They are oriented toward developing plans, tracking progress of existing plans, and  making adjustments to plans in response to new information.

Management’s assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b. They embody the audit procedures that will be performed by the audit engagement team. c. They include representations of financial statements in accordance with the applicable reporting criteria d. They relate to regulator’s expectations about audit results

Description : Management's assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b ... with the applicable reporting criteria d. They relate to regulator's expectations about audit results

Last Answer : They include representations of financial statements in accordance with the applicable reporting criteria

Management’s assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b. They embody the audit procedures that will be performed by the audit engagement team. c. They include representations of financial statements in accordance with the applicable reporting criteria d. They relate to regulator’s expectations about audit results

Description : Management's assertions in the financial statements are relevant to the audit process because: a. They provide evidence that auditors have prepared financial statements in accordance with GAAP b ... with the applicable reporting criteria d. They relate to regulator's expectations about audit results

Last Answer : They include representations of financial statements in accordance with the applicable reporting criteria

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

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.

Which of the following can estimate size of project directly from problem specification? A. LOC B. Function Point Metric C. Both D. None

Description : Which of the following can estimate size of project directly from problem specification? A. LOC B. Function Point Metric C. Both D. None

Last Answer : B. Function Point Metric

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

Cost controls can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of assembling and predicting costs of a project over its life cycle 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis.

Description : Cost controls can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities,  uncertainties, and inflation that  could ... of gathering, accumulating, analyzing, reporting, and managing the costs on  an on-going basis.

Last Answer : 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on  an on-going basis.

Cost budgeting can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of establishing budgets, standards, and a monitoring system by which the investment cost of the project can be measured and managed 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on- going basis

Description : Cost budgeting can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities,  uncertainties, and inflation that  could ... of gathering, accumulating, analyzing, reporting, and managing the costs on an on- going basis

Last Answer : 3. The process of establishing budgets, standards, and a monitoring system by which the  investment cost of the project can be measured and managed

Which one of the following statements is true? a. Independ. Quality planning enables the project manager to manage the trade-off between customer expectations and budgetdent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.

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.

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

Which of the following activity is undertaken immediately after feasibility study and before the requirement analysis and specification phase? A. Project Planning B. Project Monitoring C. Project Control D. Project Scheduling

Description : Which of the following activity is undertaken immediately after feasibility study and before  the requirement analysis and specification phase? A. Project Planning B. Project Monitoring C. Project Control D. Project Scheduling

Last Answer : A. Project Planning

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

It is often difficult to estimate size at an early stage in a project when only a specification is available a) True b) False

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Last Answer : a) True

Which of the following is not considered as a risk in project management? a) Specification delays b) Product competition c) Testing d) Staff turnover

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

Which of the following is not considered as a risk in project management? a. Specification delays b. Product competition c. Testing d. Staff turnover

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

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. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations. d. Quality planning enables the project manager to manage the trade-off between customer expectations and budget.

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. ... 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.

When a project manager starts to plan a new project budget, the cost of which project management process group is expected to be lowest? Select one: a. Initiating b. Executing c. Monitoring and controlling d. Closing e. Planning

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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

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_____ 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

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A mean for monitoring and controlling organization's strategic projects is A. Project Monitoring process B. Project Portfolio Process C. Project Portfolio Plan D. Project Portfolio Phase

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The tracking error of an optimized portfolio can be expressed in terms of the of the portfolio and thus reveal . A. return; portfolio performance B. total risk; portfolio performance C. beta; portfolio performance D. beta; benchmark risk E. relative return; benchmark risk

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Last Answer : D. beta; benchmark risk

Which structure shows the reporting relationships and communications channels for a project? a. Work Breakdown Structure. b. Organizational Breakdown Structure. c. Product Breakdown Structure. d. Responsibility assignment structure.

Description : Which structure shows the reporting relationships and communications channels for a project? a. Work Breakdown Structure. b. Organizational Breakdown Structure. c. Product Breakdown Structure. d. Responsibility assignment structure.

Last Answer : b. Organizational Breakdown Structure.

An Organizational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of communication for all individuals in the project. c. lines of communication and responsibility for all the individual managers in the project. d. the reporting structure and lines of communication for all individuals in the projects.

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Last Answer : d. the reporting structure and lines of communication for all individuals in the projects.

Project reporting can best be defined as: a. informing stakeholders about the project. b. storing and archiving of project information. c. gathering stakeholder feedback. d. collecting project information.

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Last Answer : a. informing stakeholders about the project.

The project charter describes the qualifications of the people who will work on a project and the reporting structure of the project team.

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Last Answer : Ans: False

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 possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

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

Which structure shows the reporting relationships and communications channels for a project? a. Work Breakdown Structure. b. Organisational Breakdown Structure. c. Product Breakdown Structure. d. Responsibility assignment structure.

Description : Which structure shows the reporting relationships and communications channels for a  project?  a. Work Breakdown Structure.  b. Organisational Breakdown Structure.  c. Product Breakdown Structure.  d. Responsibility assignment structure.

Last Answer : b. Organisational Breakdown Structure.

An Organisational Breakdown Structure (OBS) is used to identify: a. the reporting structure and current availability of all individuals in the project.b. technical ability and line of communication for all individuals in the project. c. lines of communication and responsibility for all the individual managers in the project.d. the reporting structure and lines of communication for all individuals in the projects.

Description : An Organisational Breakdown Structure (OBS) is used to identify:  a. the reporting structure and current availability of all individuals in the project. b. technical ability and line of ... project. d. the reporting structure and lines of communication for all individuals in the projects.

Last Answer : d. the reporting structure and lines of communication for all individuals in the projects.

Project reporting can best be defined as: a. informing stakeholders about the project. b. storing and archiving of project information.c. gathering stakeholder feedback. d. collecting project information.

Description : Project reporting can best be defined as:  a. informing stakeholders about the project.  b. storing and archiving of project information. c. gathering stakeholder feedback.  d. collecting project information.

Last Answer : a. informing stakeholders about the project

The project closing process is essential to overall project planning. What is considered one of the most important steps in closing the project? 1. Insuring that plans are produced to implement the project by phases. 2. Issuing work orders so that financial data can be collected. 3. Transition the lease of equipment to the owner 4. Satisfying the contractual obligations

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Following is(are) the responsibility(ies) of the project manager. (A) Budgeting and cost control (B) Allocating resources (C) Tracking project expenditure

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Following is(are) the responsibility(ies) of the project manager. (A)Budgeting and cost control (B)Allocating resources (C)Tracking project expenditure (D)All of the above

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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

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Why is it necessary to develop and implement performance plans in accordance with organisation and goals and objectives?

Description : Why is it necessary to develop and implement performance plans in accordance with organisation and goals and objectives?

Last Answer : Need answer

An objective of a performance audit is to determine whether an entity's a. Operational information is in accordance with government auditing standardsb. Specific operating units arefunctioning economically andefficiently.c. Financial statements present fairly theresults of operations.d. Internal control is adequatelyoperating as designed

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Last Answer : Specific operating units are functioning economically and efficiently

Arrange the following steps to form a basic Engineering Process Model.i. Test ii. Design iii. Install iv. Specification v. Manufacture vi. Maintain a) 2, 4, 5, 1, 6, 3 b) 4, 2, 5, 1, 3, 6 c) 2, 4, 5, 1, 3, 6 d) 4, 2, 5, 1, 6, 3

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Last Answer : a) 2, 4, 5, 1, 6, 3

Project management is the job of organising, coordinating, and controlling the various tasks and resources in order to successfully complete a project. (True/False

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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

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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.

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Last Answer : Ans: True

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

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

The most significant challenge to project managers is _____. a. lack of project management training b. no one really understands how to manage a complex systems development project c. the lack of tools that can assist in controlling project progress d. unrealistic schedule demands by project sponsors

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What are the 5 major processes of project management? A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.) B. Starting, Closing, Managing, Planning, Executing C. Initiating, Finishing, Monitoring and Controlling, Executing, Planning D. Starting, Finishing, Executing, Managing, Closing

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Last Answer : A. Closing, Executing, Planning, Monitoring and Controlling, Initiating (Ans.)

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 process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality control. d. quality audit.

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Last Answer : a. quality assurance.

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.

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Last Answer : b. People, product, process, project

The process that evaluates overall project performance to provide confidence is called: a. quality assurance. b. quality planning. c. quality controld. quality audit..

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Last Answer : a. quality assurance.

A typical objective of an operational audit is to determine whether an entity's a. Internal control structure is adequately operating as designed b. Operational information is in accordance with generally accepted accounting principles. c. Specific operating units are functioning efficiently and effectively d. Financial statements present fairly the results of operations

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