The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above

The probability of completing the project can be estimated based upon the ____ .

(A) Uniform distribution curve

(B) Normal distribution curve.

(C) U-shaped distribution curve

(D) None of the above
by

1 Answer

Answer :

(B) Normal distribution curve.
by

Related questions

The probability of completing the project can be estimated based upon the . (A)Uniform distribution curve (B)Normal distribution curve. (C)U-shaped distribution curve (D)None of the above

Description : The probability of completing the project can be estimated based  upon the . (A)Uniform distribution curve (B)Normal distribution curve. (C)U-shaped distribution curve (D)None of the above

Last Answer : (B)Normal distribution curve.

In the initial stage of the project the probability of completing the project is . (A)Zero (B)High (C)Low (D)Any of the above

Description : In the initial stage of the project the probability of completing the  project is . (A)Zero (B)High (C)Low (D)Any of the above

Last Answer : (C)Low

.In the initial stage of the project the probability of completing the project is ___ . A.Zero B.High C.Low D.Medium

Description : .In the initial stage of the project the probability of completing the project is ___ .   A.Zero  B.High  C.Low  D.Medium

Last Answer : C.Low

Sergei, the project manager, is worried about completing the project on time. To increase the productivity of his 15-person team he should create subteams with no more than 10 people on a sub team.

Description : Sergei, the project manager, is worried about completing the project on time. To  increase the productivity of his 15-person team he should create subteams with no more  than 10 people on a sub team.

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

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

A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the contract progresses 2. a reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit 3. the supplier with a fixed price for delivered performance plus a predetermined fee for superior performance 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the final price is dependent on the quantities needed to carry out the work.

Description : A Unit Price (UP) contract provides: 1. a reimbursement of allowable costs plus a fixed fee which is paid proportionately as the  contract progresses  2. a reimbursement of allowable cost of services ... unit rates and the  final price is dependent on the quantities needed to carry out the work.

Last Answer : 4. a fixed price where the supplier agrees to furnish goods and services at unit rates and the  final price is dependent on the quantities needed to carry out the work

The project team documents its charge in the form of a ____, which is based on the project proposal and business case

Description : The project team documents its charge in the form of a ____, which is based on the  project proposal and business case

Last Answer : Ans. Project charter

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 10 person-months for a systems project where the planning phase was completed in 7.5 person-months.

Last Answer : Ans: True

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.

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

When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____. a. data communications, time tradeoffs, and estimated effort b. end-user efficiency, data communications, and reusability c. performance and programming language d. reports printed and PCA e. x-rays, extensibility, and operational conversion

Description : When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.  a. data communications, time tradeoffs, and ... programming language  d. reports printed and PCA  e. x-rays, extensibility, and operational conversion

Last Answer : b. end-user efficiency, data communications, and reusability

. 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

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

Function points are used to measure the estimated _____ of a project. a. complexity b. effort required c. program size d. time required

Description : Function points are used to measure the estimated _____ of a project.  a. complexity  b. effort required  c. program size  d. time required

Last Answer : c. program size

The estimated benefits from a capital budgeting project are expected as cash flows rather than income flows because . A. it is more difficult to calculate income flows than cash flows B. it is cash, not accounting income, that is central to the firm's capital budgeting decision C. this is required by the accounting profession

Description : The estimated benefits from a capital budgeting project are expected as cash flows rather than income flows because . A. it is more difficult to calculate income flows than cash flows B. it ... is central to the firm's capital budgeting decision C. this is required by the accounting profession

Last Answer : B. it is cash, not accounting income, that is central to the firm's capital budgeting decision

During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, which one of the following is most true for project planning purposes? 1. The assumptions will be considered as true, real, or certain. 2. By making the assumption, it tends to reduce the project risk. 3. Project assumptions are based upon historical data used for the project. 4. Senior management predefines the budget constraints.

Description : During the planning development process, at times it is necessary to make certain assumptions to enhance the project plan when the data is not available. In regard to making those assumptions, ... upon historical data used for the project.  4. Senior management predefines the budget constraints.

Last Answer : 1. The assumptions will be considered as true, real, or certain.

If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be (A) 2.3% and 84.1% (B) 97.7% and 84.1% (C) 97.7 % and 15.9% (D) 15.9% and 97.7%

Description : If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be (A) 2.3% and 84.1% (B) 97.7% and 84.1% (C) 97.7 % and 15.9% (D) 15.9% and 97.7%

Last Answer : (A) 2.3% and 84.1%

f the mean and the median pertaining to a certain character of a population are of the same value, the following is most likely to occur (a) a bi-modal distribution (b) a T-shaped curve (c) a skewed curve (d) a normal distribution.

Description : f the mean and the median pertaining to a certain character of a population are of the same value, the following is most likely to occur (a) a bi-modal distribution (b) a T-shaped curve (c) a skewed curve (d) a normal distribution.

Last Answer : (d) a normal distribution.

In PERT analysis, the time estimates of activities and probability of their occurrence follow (A) Normal distribution curve (B) Poisson's distribution curve (C) Beta distribution curve (D) None of the above

Description : In PERT analysis, the time estimates of activities and probability of their occurrence follow (A) Normal distribution curve (B) Poisson's distribution curve (C) Beta distribution curve (D) None of the above

Last Answer : (C) Beta distribution curve

In the initial stage of the project the probability of comple(C) Low (D) Any of the aboveting the project is ___ . (A) Zero (B) High

Description : In the initial stage of the project the probability of completing the project is ___ . (A) Zero (B) High (C) Low (D) Any of the above

Last Answer : (C) Low

The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes which of the following processes? A. Quantitative Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning

Description : The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes ... Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning

Last Answer : C. Qualitative Risk Analysis

)The total amount of risk that is calculated for a project is found by 1. Multiplying the sum of each the risk times the amount at stake2. Calculating the cumulative sum of the probability for each risk and multiplying this value times the consequence of occurrence of the risk events 3. Cannot be calculated since all risks are not know 4. The amount of project reserves available

Description : )The total amount of risk that is calculated for a project is found by 1. Multiplying the sum of each the risk times the amount at stake 2. Calculating the cumulative sum of the probability for ... 3. Cannot be calculated since all risks are not know  4. The amount of project reserves available

Last Answer : 2. Calculating the cumulative sum of the probability for each risk and multiplying this value times the consequence of occurrence of the risk events

The Three attributes of project risk are _________, ___________ and ___________. 1. What might happen, who it happens to, and how much will it cost 2. Notification, frequency of5. Risk event, probability occurrence, the amount at stake relevant events, probability of occurrence 3. Risk cost, quality, control 4. Quality, risk planning, total number of risk events

Description : The Three attributes of project risk are _________, ___________ and ___________. 1. What might happen, who it happens to, and how much will it cost  2. Notification, frequency of relevant events, ... planning, total number of risk events 5. Risk event, probability occurrence, the amount at stake

Last Answer : 5. Risk event, probability occurrence, the amount at stake

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

During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Last Answer : c. Perform Qualitative risk analysis

During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis

Last Answer : c. Perform Qualitative risk analysis

Which of the following project baselines provides the basis for measurement of the expected cash flow against requirements over time and is often displayed as an S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline

Description : Which of the following project baselines provides the basis for measurement of  the expected cash flow against requirements over time and is often displayed as an  S curve? Select one: a. Schedule baseline b. Cost performance baseline c. Scope baseline d. Plan baseline e. Initiation baseline

Last Answer : b. Cost performance baseline

Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Description : Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Last Answer : B. Life Cycle Costing

A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Last Answer : (A) Project

A ____ needs to possess excellent analytical and organizational skills to manage a project team

Description : A ____ needs to possess excellent analytical and organizational skills to manage a project team

Last Answer : Ans. Project Manager

In ____ style, project manager shares his or her vision with the team but permits them to use their respective ideas to come up with a solution.

Description : In ____ style, project manager shares his or her vision with the team but permits them to  use their respective ideas to come up with a solution.

Last Answer : Ans. Authoritative

In large organisations, project management shall be of line type function where the project manager shall have ____ and has total formal control over the division he or she heads

Description : In large organisations, project management shall be of line type function where the  project manager shall have ____ and has total formal control over the division he or she  heads

Last Answer : Ans. Full line authority

In the matrix-type organisation, ____ provide the resources needed and the ____ is responsible for the project results.

Description : In the matrix-type organisation, ____ provide the resources needed and the ____ is  responsible for the project results.

Last Answer : Ans. The functional managers, project manager

____ is the most common type of project organisation.

Description : ____ is the most common type of project organisation.

Last Answer : Ans. Matrix-type organisation

____ is a significant facet of project management.

Description :  ____ is a significant facet of project management.

Last Answer : Ans. Project planning

If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.

Description :  If all the steps of project planning are performed successfully, ____ and planning become effective and the ideal outcomes are achieved.

Last Answer : Ans. Scoping

Subsequent to preparing ____, the team plans the project schedule and budget

Description : Subsequent to preparing ____, the team plans the project schedule and budget

Last Answer : Ans. Work Breakdown Structure

Project planning involves three processes:____ review, and __

Description : Project planning involves three processes:____ review, and __

Last Answer : Ans. Identification, analysis

The ____ of project closeout the assessment is to document the best practices and lessons learned for use on future projects.

Description : The ____ of project closeout the assessment is to document the best practices and  lessons learned for use on future projects.

Last Answer : Ans. Primary purpose

____ is where most of the resources are applied/expended on the project.

Description :  ____ is where most of the resources are applied/expended on the project.

Last Answer : Ans. Project execution and control

In the ____ stage, of project identification the project ideas generated above are screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.

Description : In the ____ stage, of project identification the project ideas generated above are  screened and a preliminary exercise is conducted to weed out the bad or unviable ideas.

Last Answer : Ans. Screening

Various choices of ____ that are available for constructing and developing the project should be examined.

Description : Various choices of ____ that are available for constructing and developing the project  should be examined.

Last Answer : Ans. Techniques

____ is a continuous and repetitive process involving screening, documentation, validation, ranking and approval of viable project ideas for an organization.

Description : ____ is a continuous and repetitive process involving screening, documentation,  validation, ranking and approval of viable project ideas for an organization.

Last Answer : Ans. Project identification

____ of a project should be clearly defined, measurable, and achievable.

Description : ____ of a project should be clearly defined, measurable, and achievable.

Last Answer : Ans. Objectives

Project process is classified into ____ and ____ process.

Description : Project process is classified into ____ and ____ process.

Last Answer : Ans. Project management, product-oriented

Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.

Description : Project management consists of interacting processes namely ____, ____, process  interactions, and ____ which are organised in groups.

Last Answer : Ans. Project processes, process groups, customisation

Life cycle of a project manager ____ with the development life cycle.

Description : Life cycle of a project manager ____ with the development life cycle.

Last Answer : Ans. Overlaps

The ____ manages the four basic elements of a project: resources, time, money, and scope

Description : The ____ manages the four basic elements of a project: resources, time, money, and  scope

Last Answer : Ans. Project Manager

In the ____ phase of the project life cycle the work gains momentum.

Description : In the ____ phase of the project life cycle the work gains momentum.

Last Answer : Ans. Quick Momentum

A ____ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.

Description : A ____ of activities that are used to achieve the project’s goals or objectives is known as  the project life cycle.

Last Answer : Ans. Rational order

A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included

Description : A project charter does not include ____ of the project. (A) scope (B) objectives (C) team (D) all above are included

Last Answer : (D) all above are included