Introduction To Project Managment Homework

Page 9

Introduction to Project Management Principles and Practices

MGMT X442.28

Name: Date:

Directions: Give short answers in the space provided; circle the one best response for multiple choice or true/false.

1. A project is defined as:

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a. A process of considerable scope that implements a plan

b. A group of ideas managed with a coordinated effort to obtain a desired outcome

c. A temporary endeavor undertaken to create a unique product or service

d. A collection of activities with a beginning and an end

2. The 46 project management processes described in the PMBOK® Guide (and organized into process groups and knowledge areas) should be executed:

a. In the sequence identified by knowledge area

b. Iteratively, as determined by the project team

c. Only once, according to the project phase being executed

d. In the order of planning, initiating, executing, controlling and closing

3. The three components of the triple constraint are:

a. Scope, Performance, Cost

b. Scope, Cost, Time

c. Scope, Performance, Time

d. Scope, Quality, Cost

4. The five project management process groups as described in the PMBOK® Guide are:

a. Define, measure, analyze, improve, control

b. Initiating, planning, executing, monitoring and controlling, closing

c. Requirements, design, development, testing, implementation

d. Kickoff, requirements, plan, schedule, control

5. You have finished planning and have begun executing the project when the customer asks if you would add some important features to the product of the project. What is the immediate impact to the triple constraints?

a. Scope and quality would be affected but not cost

b. Adding features will require additional cost but not time

c. Cost must remain constant because resources are limited

d. Time and cost may both be affected

6. Identify the ten knowledge areas described in the PMBOK( Guide and list the processes included in each.

7. The primary role of the Project Manager is to facilitate:

a. Project initiation

b. Distributing work packages

c. Measuring performance

d. Communication

8. To create a complete Project Management Plan, it is necessary on every project for the project team to review the impact of each of the knowledge areas described in the PMBOK® Guide.

a. True

b. False

9. List the two key benefits to the project manager of using a project charter. (Extra credit for third benefit.)

10. Which of the following statements regarding project planning is not true?

a. It provides a basis for decision making

b. It does not need to be included on the WBS

c. It aids communications with end users

d. It defines a baseline for project control

11. Describe how project scope differs from product scope.

12. The components of the project scope management plan include all of the following except:

a. A process to prepare a detailed project scope statement that describes the project’s deliverables, work required to create them, and project acceptance criteria

b. A process to define project elements to be procured outside the organization

c. A process to create a WBS

d. A process to collect requirements

13. A key output of the Collect Requirements process is:

a. Project activities

b. A requirements traceability matrix

c. Brainstormed requirements

d. A work package

14. A work package is a(n):

a. Activity at the lowest level of the WBS

b. Required level for performance reporting

c. Deliverable at the lowest level of the WBS

d. Activity that can be assigned to one or more organizational units

15. The WBS is used to derive all but one of the following:

a. The project schedule baseline

b. The project cost performance baseline

c. The project charter

d. Project activities

16. Control accounts differ from work packages because:

a. Control accounts are defined at the level used to track and measure project performance; work packages are at the lowest level of the WBS

b. Control accounts contain the sum of the budget estimates of schedule activities; work packages are used to develop bottom up budgets

c. Control accounts are typically used for project team reporting; work packages are typically used for management reporting

d. Control accounts are deliverables; work packages are a grouping of related deliverables of a specific subsystem

17. A critical “resource” used in project management that can neither be inventoried nor renewed is:

a. Money

b. People

c. Information

d. Time

18. The network diagram is the best tool for demonstrating:

a. The sequence of project activities

b. Resources required

c. Task variances

d. Performance over time

19. Which of the following is not true when estimating activity durations?

a. The team members’ relevant experience is an important part of the estimate

b. Estimates should generally originate with the organization responsible the task

c. Durations may be influenced by available resources

d. Performing organizations do not include reserve as part of project estimating

20. In a project schedule, the sequence of activities which cannot be delayed without extending the project end date is referred to as the:

a. Critical path

b. Schedule baseline

c. Slack line

d. Action path

21. A significant event in a project that may indicate completion of a major phase is a:

a. Deliverable

b. Task

c. Work package

d. Milestone

22. Once the logic of a network is laid out, the project manager will conduct a forward pass and a backward pass through the network. This will provide information on the ______ (forward pass) and identification of the________ (backward pass).

a. Float for each activity, critical path

b. Total duration, critical path

c. Total duration, float for each activity

d. (b) and (c)

23. For Questions 21 and 22, use the task list below to develop a network diagram. Determine the overall project duration, the float for each task, and the critical path.

ID Dependency Predecessor Duration (in days)
A 10
B 5
C A, B 8
D C 4
E D 7
F C 20
G E, F 2
H G 5
I G 2

24. For the network diagram above, what is the project duration?

a. 36 days

b. 37 days

c. 45 days

d. 49 days

25. For the network diagram above, what is the float on activity D?

a. None

b. 4 days

c. 7 days

d. 9 days

26. Activities ‘F’ and ‘H’ are on the critical path.

a. True

b. False

27. List the two methods you could use to compress the project schedule. For each; give an example and state whether or not there is a cost increase to the project. (Extra credit for third method.)

28. You notice your project schedule is starting to slip and you would like to reassign some resources. What is one of the first steps you should take?

a. Talk with the project team members

b. Review the activity duration estimates

c. Identify future activities that have float

d. Crash the schedule

29. You are preparing an estimate of an IT system expansion for a new branch office location. It is a similar undertaking to the new branch office opened six months ago. Which estimating technique should you use to provide a quick estimate to management?

a. Parametric

b. Analogous

c. Bottom up

d. Probabilistic

30. You are building an apartment complex with four, 10,000 square foot buildings based on the same drawings you used in another city last year. What is the danger of estimating using a parametric model of $50 per square foot?

a. It will take more time than a bottom-up estimate

b. The technical design is unfinished

c. Historical cost relationships may not be applicable

d. It is not very easy to scale

31. As an output of the quality management planning process, the quality management plan will include development of all but which of the following?

a. Work breakdown structure

b. Quality assurance activities

c. Organizational structure needed to implement quality management

d. Quality standards that are relevant to the project deliverables

32. Quality Assurance is:

a. A method to minimize the cost of quality and improve the grade

b. A process to audit the quality requirements and the quality control results to ensure quality during execution of the project

c. A way to use attribute and variable sampling

d. A process in determining which quality standards relevant to the project

33. The project sponsor is responsible for stakeholder expectations management.

e. True

f. False

34. You are beginning to staff your project. Which of the following tools will not be used in developing roles and responsibilities?

a. WBS

b. Pareto chart

c. Organization charts

d. Risk register

35. Compare and contrast authority and influence in a project.

36. List three common sources of conflict in a project environment

37. Your project objectives include providing housing for families displaced by a natural disaster. Some team members will be attracted to your project because of this objective. What type of power does this reflect?

a. Legitimate power

b. Expert power

c. Reward power

d. Referent power

38. Lessons learned can be a benefit to all of the following except:

a. Increased effectiveness of the project team

b. Documentation of process improvement

c. Project performance to date

d. Information to define future risk events

39. Project risk is defined as:

a. Uncertainty regarding negative outcomes only

b. Probability of a risk event happening

c. Uncertainty regarding both positive and negative outcomes

d. Impact of a risk event happening

40. Information about project risk events is maintained in:

a. The project performance database

b. The risk management plan

c. The project charter

d. The risk register

41. Your company is bidding on a project that will involve significant R&D for a completely new technology. What is the most appropriate contract type for you to use?

a. Fixed price incentive

b. Standard purchase order

c. Fixed price with economic adjustments

d. Cost reimbursable

42. Which of the following regarding the make or buy analysis is not true?

a. One of your company’s core competencies will be contracted to a supplier

b. It is an analysis of the trade off between internal and external suppliers

c. You can use the WBS to identify elements that should be considered in the analysis

d. Some of the many factors to consider may be non-financial in nature

43. In which contract type does the seller have the greatest amount of risk?

a. Cost reimbursable

b. Time and materials

c. Fixed price with economic adjustments

d. Firm fixed price

44. To ensure control over the incidence and frequency of change, the project manager establishes a:

a. Work breakdown structure

b. Change control process

c. Responsibility assignment matrix

d. Work procedure schedule

45. Your project team views itself as customer focused and often agrees to incorporate many small scope changes throughout the project execution. The changes are documented in an issues log. Which of the following is not a potential problem?

a. Many small changes may accumulate to create trouble for one of the project objectives

b. Management of product specifications and configuration becomes more difficult

c. Changes with impacts on scope, cost, or time are elevated to the Change Control Board

d. Changes may not be integrated across the whole project

46. Describe three typical causes of scope creep on projects.

47. The purpose of reviewing lessons learned at the end of a phase is all of the following except:

a. Increase effectiveness of the project team going forward.

b. Identify processes that worked well to produce the desired result.

c. Verify that all deliverables have been accepted.

d. Review past issues that may provide information regarding future risks.

48. Describe two things you learned in the course that you could use on your next project.