Which one of the following statements best defines procd. The process by which products and services required for the project are acquired.urement? a. A technique to establish the best approach for obtaining the resources for the project. b. A group of interrelated resources and activities that transform inputs into outputs. c. The description of the purpose, form and components to support delivery of a product.

Which one of the following statements best defines procurement?

a. A technique to establish the best approach for obtaining the resources for the project.

b. A group of interrelated resources and activities that transform inputs into outputs.

c. The description of the purpose, form and components to support delivery of a product.

d. The process by which products and services required for the project are acquired.
by

1 Answer

Answer :

d. The process by which products and services required for the project are acquired.
by

Related questions

Which one of the following statements best defines procurement? a. A technique to establish the best approach for obtaining the resources for the project. b. A group of interrelated resources and activities that transform inputs into outputs. c. The description of the purpose, form and components to support delivery of a product. d. The process by which products and services required for the project are acquired.

Description : Which one of the following statements best defines procurement?  a. A technique to establish the best approach for obtaining the resources for the project.  b. A group of interrelated resources and ... product.  d. The process by which products and services required for the project are acquired.

Last Answer : d. The process by which products and services required for the project are acquired.

Which one of the following statements best defines the purpose of a Product Breakdown Structure (PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. b. To define how the products are produced by identifying derivations and dependencies. c. To establish the extent of work required prior to project commissioning and the handover. d. To identify the health and safety strategies and procedures to be used on the project

Description : Which one of the following statements best defines the purpose of a Product Breakdown Structure (PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. ... . d. To identify the health and safety strategies and procedures to be used on the project

Last Answer : a. To define the hierarchy of deliverables that are required to be produced on the project.

Which one of the following statements best defines the purpose of a Product Breakdown Structure(PBS)? a. To define the hierarchy of deliverables that are required to be produced on the project. b. To define how the products are produced by identifying derivations and dependencies. c. To establish the extent of work required prior to project commissioning and the handover. d. To identify the health and safety strategies and procedures to be used on the project.

Description : Which one of the following statements best defines the purpose of a Product Breakdown  Structure(PBS)?  a. To define the hierarchy of deliverables that are required to be produced on the project.  b. ... .  d. To identify the health and safety strategies and procedures to be used on the project.

Last Answer : a. To define the hierarchy of deliverables that are required to be produced on the project.

A(n) ____________ is a measure of program size based on the number and complexity of inputs, outputs, queries, files, and program interfaces. a. function point b. line of code c. project plan d. standard module e. workplan

Description : A(n) ____________ is a measure of program size based on the number and  complexity of inputs, outputs, queries, files, and program interfaces.  a. function point  b. line of code  c. project plan  d. standard module  e. workplan

Last Answer : a. function point

…………………. is a group of interested components working together towards a common goal by accepting inputs and producing outputs in an organized transformation process. A) System B) Network C) Team D) System Unit

Description : …………………. is a group of interested components working together towards a common goal by accepting inputs and producing outputs in an organized transformation process. A) System B) Network C) Team D) System Unit

Last Answer : A) System

Which of the following is not true for a Responsibility Assignment Matrix (RAM): A. Defines what project team is responsible for each WBS component B. Defines what project member is responsible for each activity C. Text description of roles, responsibilities, authorities D. Defines all people associated with each activity

Description : Which of the following is not true for a Responsibility Assignment Matrix (RAM): A. Defines what project team is responsible for each WBS component B. Defines what project member is ... . Text description of roles, responsibilities, authorities D. Defines all people associated with each activity

Last Answer : C. Text description of roles, responsibilities, authorities

Which of the following is not true for a Responsibility Assignment Matrix (RAM): A. Defines what project team is responsible for each WBS component B. Defines what project member is responsible for each activity C. Text description of roles, responsibilities, authorities D. Defines all people associated with each activity

Description : Which of the following is not true for a Responsibility Assignment Matrix (RAM): A. Defines what project team is responsible for each WBS component B. Defines what project member is ... . Text description of roles, responsibilities, authorities D. Defines all people associated with each activity

Last Answer : C. Text description of roles, responsibilities, authorities

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 right people together to work on a project. d. Establishing vision and direction towards a common purpose.

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.

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 right people together to work on a project. d. Establishing vision and direction towards a common purpose

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.

What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming techniques 3. The use of historical data from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.

Description : What is the most accurate method of obtaining project information that can reduce the amount  of risk? 1. Observations on the current project  2. Determining the risk by using brainstorming ... from previous projects that were similar in nature  4. Sensitivity analysis  5. Delphi technique.

Last Answer : 3. The use of historical data from previous projects that were similar in nature

Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Last Answer : c. An improvement resulting from project deliverables.

Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Description : Which one of the following best defines a benefit?  a. A positive result of stakeholder management.  b. The successful management of a project.  c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.

Last Answer : c. An improvement resulting from project deliverables.

____ and ____ refer to the mechanism applied to the inputs to create the desired outputs.

Description : ____ and ____ refer to the mechanism applied to the inputs to create the desired outputs.

Last Answer : Ans. Tools and techniques

A function point is a measure of program size based on the number and complexity of inputs, outputs, queries, files and program interfaces.

Description :  A function point is a measure of program size based on the number and complexity of  inputs, outputs, queries, files and program interfaces.

Last Answer : Ans: True

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

Quality control in the final analysis is : 1. using the technical procedures of monitoring project results to decide if the outputs meet the requirements 2. a production system 3. an inspection system 4. fitness for purpose

Description : Quality control in the final analysis is : 1. using the technical procedures of monitoring project results to decide if the outputs meet  the requirements  2. a production system  3. an inspection system  4. fitness for purpose

Last Answer : 1. using the technical procedures of monitoring project results to decide if the outputs meet  the requirements

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.

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.

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 : 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.

Last Answer : d. The awarding of bonuses to senior management.

The outputs of the Close Project process include all of the following except for which one? A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Description : The outputs of the Close Project process include all of the following except for which one?  A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Last Answer : C. Lessons learned

The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities

Description : The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities

Last Answer : a. project management.

The activities that make up the project are not simple, repetitive acts, such as mowing the lawn, painting the house, washing the car, or loading the delivery truck. a. They are complex b. They are simple c. Different d. Same

Description : The activities that make up the project are not simple, repetitive  acts, such as mowing the lawn, painting the house, washing the car, or loading the delivery truck. a. They are complex b. They are simple c. Different d. Same

Last Answer : a. They are complex

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms

Description : Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life cycle.

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms.

Description : Which one of the following statements best defines an estimate?  a. An approximation of project time and cost targets, refined throughout the project life  cycle.  b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms.

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life  cycle.

Gross National Product means - (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semifinished products (4) money value of inputs and outputs

Description : Gross National Product means - (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semifinished products (4) money value of inputs and outputs

Last Answer : (2) money values of the total national production for any given period Explanation: Gross national product (GNP) is the market/monetary value of all products and services produced in one year by labour and property supplied by the residents of a country.

Gross National Product means (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semi-finished products (4) money value of inputs and outputs

Description : Gross National Product means (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semi-finished products (4) money value of inputs and outputs

Last Answer : money values of the total national production for any given period

Which of the following statements is a wrong statement under Value Chains ? A. Technology development is a support activity B. Marketing & Sales is a support activity C. Operations are primary activities that transforms Inputs into Final Product or Service D. Procurement is a support activity which deals with Vendors

Description : Which of the following statements is a wrong statement under Value Chains ? A. Technology development is a support activity B. Marketing & Sales is a support activity C. Operations are ... Inputs into Final Product or Service D. Procurement is a support activity which deals with Vendors

Last Answer : Marketing & Sales is a support activity

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

Which one of the following best describes users? a. Providers of both strategic and tactical direction to the project. b. Those intended to receive benefits or operate outputs. c. Facilitators of an appropriate issue resolution procedure. d. Those providing full-time commitment to the project.

Description : Which one of the following best describes users?  a. Providers of both strategic and tactical direction to the project.  b. Those intended to receive benefits or operate outputs.  c. ... of an appropriate issue resolution procedure.  d. Those providing full-time commitment to the project.

Last Answer : b. Those intended to receive benefits or operate outputs.

)Quality costs include : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services. 2. Only costs classified as prevention, detection and corrective action. 3. Only the cost of scrap, rework due to defects, customer returns and warranty costs. 4. The expense of upper management

Description : )Quality costs include : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services.  2. Only costs classified as prevention, detection and ... rework due to defects, customer returns and warranty costs.  4. The expense of upper management

Last Answer : 1. the total of all costs incurred to assure the production and delivery of acceptable products and services.

Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations

Description : Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations

Last Answer : A. Define Activities

Project crashing is the method for ------------- A. Shortening the project duration by reducing the time of one or more critical activities B.Adding resources at critical points C.Doing technical analysis of the finished work for review D.Adding duration to each activity

Description : Project crashing is the method for -------------  A. Shortening the project duration by reducing the time of one or more critical  activities  B.Adding resources at critical points  C.Doing technical analysis of the finished work for review  D.Adding duration to each activity

Last Answer : A. Shortening the project duration by reducing the time of one or more critical  activities

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

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

Nature of interrelationships between components in a system defines the A. Function of system B. Structure of system C. Environment of system D. Platform of system

Description : Nature of interrelationships between components in a system defines the A. Function of system B. Structure of system C. Environment of system D. Platform of system

Last Answer : B. Structure of system

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

Consider a project with the following functional units : Number of user inputs = 50 Number of user outputs = 40 Number of user enquiries = 35 Number of user files = 06 Number of external interfaces = 04 Assuming all complexity adjustment factors and weighing factors as average, the function points for the project will be (A) 135 (B) 722 (C) 675 (D) 672

Description : Consider a project with the following functional units : Number of user inputs = 50 Number of user outputs = 40 Number of user enquiries = 35 Number of user files = 06 Number of external interfaces = 04 ... average, the function points for the project will be (A) 135 (B) 722 (C) 675 (D) 672

Last Answer : (D) 672

Value added is: a) the cost saving through production and marketing efforts within the firm. b) the value that a firm adds through the development of dynamic capabilities. c) the value that a firm adds to bought-in materials and services through outsourcing. d) the difference between the cost of inputs and the market value of outputs

Description : Value added is: a) the cost saving through production and marketing efforts within the firm. b) the value that a firm adds through the development of dynamic capabilities. c) the value that a ... through outsourcing. d) the difference between the cost of inputs and the market value of outputs

Last Answer : the difference between the cost of inputs and the market value of outputs

According to PMBOK, project management process groups are iterative, which was originally defined by Walter Shewhart and later modified by Edward Deming. Generally, one outcome from a previous process can serve as input for the next process. Which of the following best identifies with the description of this concept? Select one: a. Project life cycle b. Plan-Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Description :  According to PMBOK, project management process groups are iterative, which  was originally defined by Walter Shewhart and later modified by Edward Deming.  Generally, one outcome from a previous process can serve ... -Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Last Answer : b. Plan-Do-Check-Act cycle

Once the project is approved and moves into the planninb. The total risk on the project typically reduces as activities are performed without loss. c. Risks must be weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. d. Risks are identified with each major group of activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysisg stage, what happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded.

Description : Once the project is approved and moves into the planning stage, what happens  in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Last Answer : d. Risks are identified with each major group of activities.

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 the project typically increases. c. risks are identified with each major group of activities. d. a risk response plan can be used to identify increasing levels of detailed risk analysis. e. the risk breakdown structure needs to be examined to be sure all the risk events have been avoided.

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.

Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle?Select one: a. Agreements for risk sharing need to be concluded. b. The total risk on the project typically reduces as activities are performed without loss. c. Risks must be weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. d. Risks are identified with each major group of activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Description : Once the project is approved and moves into the planning stage, what  happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Last Answer : d. Risks are identified with each major group of activities.

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

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

A set of information that defines the status of resources allocated to a process is A) Process control B) ALU C) Register Unit D) Process description

Description : A set of information that defines the status of resources allocated to a process is A) Process control B) ALU C) Register Unit D) Process description

Last Answer : Answer : D

A set of information that defines the status of resources allocated to a process isa. Process controlb. ALUc. Register Unitd. Process description

Description : A set of information that defines the status of resources allocated to a process is a. Process control b. ALU c. Register Unit d. Process description

Last Answer : Process description

A set of information that defines the status of resources allocated to a process is a. Process control b. ALU c. Register Unit d. Process description

Description : A set of information that defines the status of resources allocated to a process is a. Process control b. ALU c. Register Unit d. Process description

Last Answer : d. Process description

A set of information that defines the status of resources allocated to a process is a. Process control b. ALU c. Register Unit d. Process description

Description : A set of information that defines the status of resources allocated to a process is a. Process control b. ALU c. Register Unit d. Process description

Last Answer : d. Process 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 needed to remove uncertainty from a unique piece of work. c. A unique transient endeavor undertaken to achieve a desired outcome. d. A project is a method of planning work.

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.

Which one of the following statements is true? a. Business-as-usual activities cannot be improved. b. Business-as-usual activities are more difficult to manage than projects. c. Projects are transient endeavours that bring about change to business-as-usual. d. A project is always the starting point for operation refinement

Description : Which one of the following statements is true? a. Business-as-usual activities cannot be improved. b. Business-as-usual activities are more difficult to manage than projects. c. Projects are ... change to business-as-usual. d. A project is always the starting point for operation refinement

Last Answer : c. Projects are transient endeavours that bring about change to business-as-usual.

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 needed to remove uncertainty from a unique piece of work. c. A unique transient endeavour undertaken to achieve a desired outcome. d. A project is a method of planning work.

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 ... endeavour undertaken to achieve a desired outcome.  d. A project is a method of planning work.

Last Answer : c. A unique transient endeavour undertaken to achieve a desired outcome.

Which one of the following statements is true? a. Business-as-usual activities cannot be improved. b. Business-as-usual activities are more difficult to manage than projects. c. Projects are transient endeavours that bring about change to business-as-usual. d. A project is always the starting point for operation refinement.

Description : Which one of the following statements is true?  a. Business-as-usual activities cannot be improved.  b. Business-as-usual activities are more difficult to manage than projects.  c. Projects are ... change to business-as-usual.  d. A project is always the starting point for operation refinement.

Last Answer : c. Projects are transient endeavours that bring about change to business-as-usual

Which of the following is typically a written document that defines what work will be accomplished by the end of the project?Select one: a. Scope of work (SOW) b. Project logic diagram c. Milestone schedule d. Ballpark estimate e. Work breakdown structure

Description : Which of the following is typically a written document that defines what work  will be accomplished by the end of the project? Select one: a. Scope of work (SOW) b. Project logic diagram c. Milestone schedule d. Ballpark estimate e. Work breakdown structure

Last Answer : a. Scope of work (SOW)