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 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.
Description : Which of the following is not project management goal? a) Keeping overall costs within budget b) Delivering the software to the customer at the agreed time c) Maintaining a happy and well-functioning development team
Last Answer : d) Avoiding customer complaints
Description : This set of Software Engineering Multiple Choice Questions & Answers (MCQs) focuses on Project Management . 1. Which of the following is not project management goal? a) Keeping overall ... agreed time c) Maintaining a happy and well-functioning development team d) Avoiding customer complaints
Description : Which of the following is not project management goal? a) Keeping overall costs within budget. b) Delivering to the customer at the agreed time. c) Maintaining a happy and well-functioning development team. d) Avoiding costumer complaints.
Last Answer : d) Avoiding costumer complaints.
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
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
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.
Description : A project includes a number of activities that must be completed in some ………… a. particular order b. sequence c. both d. all the above
Last Answer : d. all the above
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.
Description : The aim of engineering is to produce that is a) Fault-free b) Delivered on time c) Delivered within budget d) Satisfies users’ needs e) All of these are the aims of engineering
Last Answer : e) All of these are the aims of engineering
Description : Assume that a firm has accurately calculated the net cash flows relating to two mutua lly exclusive investment proposals. If the net present value of both proposals exceed zero and the firm is ... maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Last Answer : D. accept the proposal that has the largest NPV since the goal of the firm is to maximize shareholder wealth and, since the projects are mutually exclusive, we can only take one
Description : According to the PMBOK guide which of the following statements is right in terms of using reserve analysis to determine a project budget ? a. Reserve analysis always plans contingency reserves ... not practical. e. Contingency reserves have never been a concern when planning a project budget.
Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
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 : According to the PMBOK guide, which of the following statements is right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans ... not practical. E. Contingency reserves have never been a concern when planning a project budget.
Last Answer : A. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
Description : Project management is a rationally planned and organised effort to achieve a specific goal. (True/False)
Last Answer : Ans. True
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 : 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 : 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 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
Description : We can accurately estimate lines of code from the problem specification. A. True B. False C. NA D. NA
Last Answer : B. False
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
Description : The life cycle can be said to consist of a series of phases. The classical model is referred to as the waterfall model. Which phase may be defined as The concept is explored and refined, ... client's requirements are elicited? (a) Requirements (b) Specification (c) Design d) Implementation
Last Answer : (a) Requirements
Description : It is often difficult to estimate size at an early stage in a project when only a specification is available a) True b) False
Last Answer : a) True
Description : Which one of the following is not a fundamental activity for processes in engineering ? a) Verification b) Validation c) design and implementation d) evolution e) specification
Last Answer : a) Verification
Description : 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
Last Answer : a) 2, 4, 5, 1, 6, 3
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 : 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
Last Answer : c. both a, b
Description : A cost performance index (CPI) of 0.89 means: A. At this time, we expect the total project to cost 89 percent more than planned B. When the project is completed we will have spent 89 ... at 89 percent of the rate planned D. The project is only getting 89 cents out of every dollar invested
Last Answer : D. The project is only getting 89 cents out of every dollar invested
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
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, 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 : 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 : When examining a completed bend test, the angle of the bend was found to be 185°. The testing specification calls for the sample to have been formed through 180°? a) They should be acceptable as ... then re-examined d) They should be rejected as the angle is not close enough to be acceptable
Last Answer : c) New bends should be produced and bent to 180° then re-examined
Description : Which one of the following is least likely to be a success criteria? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.
Last Answer : d. The awarding of bonuses to senior management.
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 : As a project manager, Tyler is so happy that all expected project deliverable have been accomplished by his project team. What is the next step for his project to proceed in order to verify ... deliverables. e. Invite a few experts to judge the quality of all the completed project deliverables.
Last Answer : d. Ask his client to conduct an inspection on all of the completed project deliverables.
Description : Which technique is applicable when other projects in the same analogy application domain have been completed? a) Algorithmic cost modelling b) Expert judgement c) Estimation by analogy d) Parkinson’s Law
Last Answer : c) Estimation by analogy
Description : Amount of work completed to date compared with planned in the Earned Value Management method is A. Schedule Performance Index B. Cost Performance Index C. Percentage Complete D .Percentage Spent
Last Answer : C. Percentage Complete
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 : Which of the following is true regarding the project scope statement? A. The project scope statement includes a change control system that describes how to make changes to the ... reliability of the project scope and describes the process for verifying and accepting completed deliverables.
Last Answer : B. The project scope further elaborates the Initiating processes and serves as a basis for future project decisions.
Description : Which one of the following is least likely to be a success criterion? a. A target for the project to receive zero change requests. b. The date by which the project is to be completed. c. Delivery of products that meet required specifications. d. The awarding of bonuses to senior management.
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 : Having defined working capital as current assets, it can be further classified according to . A. financing method and time B. rate of return and financing method C. time and rate of return D. components & time
Last Answer : D. components & time
Description : A key concept of quality control is that all work products (A) are delivered on time and under budget (B) have complete documentation (C) have measurable specification for process outputs (D) are thoroughly tested before delivery to the customer
Last Answer : (C) have measurable specification for process outputs
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
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
Description : . An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ... of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.
Last Answer : b. capture learning and document it for future usage.