Exam 4: Planning Projects, part I Project Integration, scope, time, and Cost Management

Project ____ management includes the processes required to ensure that a project team completes a project within an approved budget.

____ includes the actual amount of time spent working on an activity plus elapsed time.

A work ____________________ is a task at the lowest level of the WBS.

Activity sequencing involves reviewing the activity list and attributes,project scope statement,and milestone list to determine the relationships or dependencies between activities.

As more information becomes available and decisions are made related to project scope,the project team should update the project scope statement.

The project team should review an activity list and activity attributes with project stakeholders.

What is the PERT weighted average based on an optimistic estimate of six days,a most likely estimate of eight days,and a pessimistic time of twelve days?

People are more likely to perform well if they know what they are supposed to do and when.

In an AOA network diagram,a(n)____ occurs when two or more nodes precede a single node.

The main output of scope definition is the scope ____________________.

There is usually no cost or duration associated with a milestone.

The format of the WBS dictionary can vary based on project needs.

Project ____ management involves coordinating all the project management knowledge areas throughout a project's life span.

The Just-In-Time Training project team decided to use the project management process groups for the level ____ tasks in its WBS.

Discretionary dependencies are defined by the project team.

____ is a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost.

The project manager monitors and controls work packages at the lowest level of the WBS.

A WBS ____________________ is a document that describes WBS tasks in detail.

There can be more than one critical path on a project.

Duration relates to the time estimate,not the effort estimate.