Question 1

Why would a project manager be unwilling to share bad news about unexpected problems with senior management or other high profile stakeholders?

Accepted Answer

There are several reasons why a project

Question 2

How is the Cost Performance Index calculated and what can one learn from computing it?

Accepted Answer

The Cost Performance Index (CPI) is a me

Question 3

A project metric should be obtained from observable, quantifiable data that allows the team and other stakeholders to gauge the efficiency and effectiveness of the work being done.

Accepted Answer

A) True 
 B)False

Question 4

The project communications plan may be informal depending on the needs of the project stakeholders and the size of the project.

Accepted Answer

A) True 
 B)False

Question 5

The Schedule Performance Index (SPI) for our project is greater than one (1) and so we would anticipate that all other things being equal, our project will finish ahead of schedule.

Accepted Answer

A) True 
 B)False

Question 6

What is a progress report?

Accepted Answer

A progress report tells us what the proj

Question 7

A _________ shows how the scope, features or functionality, or work is being completed over time.

Accepted Answer

A)  Budget report 
B)  Status report 
C)  Progress report 
D)  Forecast report 
E)  Burn-down Chart 
A)  Budget report 
B)  Status report 
C)  Progress report 
D)  Forecast report 
E)  Burn-down Chart

Question 8

As a project manager, you would be pleased see a Cost Performance Index CPI less than one (1) for your project.

Accepted Answer

A) True 
 B)False

Question 9

The schedule variance (SV) shows the difference between the current progress of the project and its original or planned value.

Accepted Answer

A) True 
 B)False

Question 10

A cost variance (CV) can be positive or negative, but never zero.

Accepted Answer

A) True 
 B)False

Question 11

Given the advances that have been made in telecommunications and IT technology in general, there is little value or necessity today for Face-to-Face (F2F) meetings.

Accepted Answer

A) True 
 B)False

Question 12

The total planned cost of the project is computed before the project work begins. This metric is called the:

Accepted Answer

A)  Planned Value (PV) 
B)  Budget At Completion (BA
C)  
C)  Actual Cost (A
C)  
D)  Expected Time Complete (ET
C)  
E)  Estimate at Completion (EA
C)  
A)  Planned Value (PV) 
B)  Budget At Completion (BA
C)  
C)  Actual Cost (A
C)  
D)  Expected Time Complete (ET
C)  
E)  Estimate at Completion (EA
C)

Question 13

Sketch out a table with headings that represent the essential elements of a project communications plan.Fill in a hypothetical entry under each heading.

Accepted Answer

Sure, here is a sketch of a table for a

Question 14

What are project metrics?

Accepted Answer

A project metric may be defined a

Question 15

The cost incurred for completing a scheduled task or WBS component is the

Accepted Answer

A)  Planned Value (PV) 
B)  Budget At Completion (BA
C)  
C)  Actual Cost (A
C)  
D)  Expected Time Complete (ET
C)  
E)  Estimate at Completion (EA
C)  
A)  Planned Value (PV) 
B)  Budget At Completion (BA
C)  
C)  Actual Cost (A
C)  
D)  Expected Time Complete (ET
C)  
E)  Estimate at Completion (EA
C)

Question 16

What is a status report?

Accepted Answer

A status report describes the present st

Question 17

What is Planned Value (PV)?

Accepted Answer

Planned Value (PV) is the plan

Question 18

Describe the qualities of a good project metric.

Accepted Answer

Understandable-A metric should be intuit

Question 19

Actual Cost (AC) is __________

Accepted Answer

A)  how much we actually spent for work completed 
B)  how much we budgeted to spend at the beginning of the project 
C)  how much of the budget we have left to spend on the project 
D)  how much of the budget we really should have spent on the work completed so far 
E)  None of these 
A)  how much we actually spent for work completed 
B)  how much we budgeted to spend at the beginning of the project 
C)  how much of the budget we have left to spend on the project 
D)  how much of the budget we really should have spent on the work completed so far 
E)  None of these

Question 20

What is a forecast report?

Accepted Answer

A forecast report focuses on predicting

Why would a project manager be unwilling to share bad news about unexpected problems with senior management or other high profile stakeholders?

How is the Cost Performance Index calculated and what can one learn from computing it?

A project metric should be obtained from observable, quantifiable data that allows the team and other stakeholders to gauge the efficiency and effectiveness of the work being done.

The project communications plan may be informal depending on the needs of the project stakeholders and the size of the project.

The Schedule Performance Index (SPI) for our project is greater than one (1) and so we would anticipate that all other things being equal, our project will finish ahead of schedule.

What is a progress report?

A _________ shows how the scope, features or functionality, or work is being completed over time.

As a project manager, you would be pleased see a Cost Performance Index CPI less than one (1) for your project.

The schedule variance (SV) shows the difference between the current progress of the project and its original or planned value.

A cost variance (CV) can be positive or negative, but never zero.

Given the advances that have been made in telecommunications and IT technology in general, there is little value or necessity today for Face-to-Face (F2F) meetings.

The total planned cost of the project is computed before the project work begins. This metric is called the:

Sketch out a table with headings that represent the essential elements of a project communications plan.Fill in a hypothetical entry under each heading.

What are project metrics?

The cost incurred for completing a scheduled task or WBS component is the

What is a status report?

What is Planned Value (PV)?

Describe the qualities of a good project metric.

Actual Cost (AC) is __________

What is a forecast report?

The Nature of Information Technology Projects

Project Methodologies and Processes

Measurable Organizational Value and the Business Case

Project Planning: the Project Infrastructure

Project Planning: Scope and the Work Breakdown Structure

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Managing Project Quality

Leading the Project Team

Managing Organizational Change, Resistance, and Conflict

Project Completion

Filters

Exam 8: Managing Project Stakeholders and Communication

Why would a project manager be unwilling to share bad news about unexpected problems with senior management or other high profile stakeholders?

How is the Cost Performance Index calculated and what can one learn from computing it?

A project metric should be obtained from observable, quantifiable data that allows the team and other stakeholders to gauge the efficiency and effectiveness of the work being done.

The project communications plan may be informal depending on the needs of the project stakeholders and the size of the project.

The Schedule Performance Index (SPI) for our project is greater than one (1) and so we would anticipate that all other things being equal, our project will finish ahead of schedule.

What is a progress report?

A _________ shows how the scope, features or functionality, or work is being completed over time.

As a project manager, you would be pleased see a Cost Performance Index CPI less than one (1) for your project.

The schedule variance (SV) shows the difference between the current progress of the project and its original or planned value.

A cost variance (CV) can be positive or negative, but never zero.

Given the advances that have been made in telecommunications and IT technology in general, there is little value or necessity today for Face-to-Face (F2F) meetings.

The total planned cost of the project is computed before the project work begins. This metric is called the:

Sketch out a table with headings that represent the essential elements of a project communications plan.Fill in a hypothetical entry under each heading.

What are project metrics?

The cost incurred for completing a scheduled task or WBS component is the

What is a status report?

What is Planned Value (PV)?

Describe the qualities of a good project metric.

Actual Cost (AC) is __________

What is a forecast report?

The Nature of Information Technology Projects

Project Methodologies and Processes

Measurable Organizational Value and the Business Case

Project Planning: the Project Infrastructure

Project Planning: Scope and the Work Breakdown Structure

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Managing Project Quality

Leading the Project Team

Managing Organizational Change, Resistance, and Conflict

Project Completion

Filters