Question 1

What is a baseline plan?

Accepted Answer

The baseline plan is the proje

Question 2

A start-to-finish activity is the most common relationship between two activities.

Accepted Answer

A) True 
 B)False

Question 3

Under the Precedence Diagramming Method,the most common relationship between two activities which implies a logical sequence is called:

Accepted Answer

A) Finish-To-Start FS) 
B) Start-To-Start SS) 
C) Finish-To-Finish FF) 
D) Start-To-Finish SF) 
E) none of the above 
A) Finish-To-Start FS) 
B) Start-To-Start SS) 
C) Finish-To-Finish FF) 
D) Start-To-Finish SF) 
E) none of the above

Question 4

Define predecessor,successor,and parallel activities.Give a real world example of each.

Accepted Answer

Predecessor activities are those activit

Question 5

Why do many people inflate their estimates?

Accepted Answer

People often inflate or add cushioning t

Question 6

The direct costs of using a resource is the only type of cost that should be considered when developing the project budget.

Accepted Answer

A) True 
 B)False

Question 7

Why should assumptions used in estimating be documented?

Accepted Answer

Assumptions used in estimating should be

Question 8

The technique used to help manage the Polaris submarine project and which bases activity estimates on probabilistic estimates of three scenarios is most closely associated with:

Accepted Answer

A) Project Network Diagrams 
B) Gantt Charts 
C) PERT 
D) Activity on the Node 
E) Critical Path Analysis 
A) Project Network Diagrams 
B) Gantt Charts 
C) PERT 
D) Activity on the Node 
E) Critical Path Analysis

Question 9

Why should the project manager ensure that the project resources are leveled?

Accepted Answer

The project manager should ensure that t

Question 10

Completing activities in parallel is called_____

Accepted Answer

A) slacking. 
B) floating. 
C) diverting. 
D) crashing. 
E) fast tracking 
A) slacking. 
B) floating. 
C) diverting. 
D) crashing. 
E) fast tracking

Question 11

PERT was developed in the 1950s to create a visual representation of scheduled activities,their logical sequence,and interrelationships using a statistical probability distribution.

Accepted Answer

A) True 
 B)False

Question 12

The critical path is the shortest path in the project network and also is the longest time in which the project can be completed.

Accepted Answer

A) True 
 B)False

Question 13

_____ is well suited for developing simulations where the project manager can conduct sensitivity analysis for schedule planning and risk analysis.

Accepted Answer

A) Project Network Diagrams 
B) Gantt Charts 
C) PERT 
D) Activity on the Node 
E) Critical Path Analysis 
A) Project Network Diagrams 
B) Gantt Charts 
C) PERT 
D) Activity on the Node 
E) Critical Path Analysis

Question 14

Time and effort needed to gather experience on a technology or process are _____

Accepted Answer

A) Direct Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs 
A) Direct Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs

Question 15

An over allocated resource would arise when Mary is assigned to work on two tasks scheduled at the same time.

Accepted Answer

A) True 
 B)False

Question 16

The Critical Path is:

Accepted Answer

A) the longest path in the project network. 
B) the shortest path in the project network. 
C) the longest time in which the project can be completed. 
D) the interrelationships of project activities. 
E) the most important identified tasks within the project. 
A) the longest path in the project network. 
B) the shortest path in the project network. 
C) the longest time in which the project can be completed. 
D) the interrelationships of project activities. 
E) the most important identified tasks within the project.

Question 17

To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand:

Accepted Answer

A) Direct Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs 
A) Direct Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs

Question 18

_____is ensuring that project resources are not overallocated.

Accepted Answer

A) Resource leveling 
B) Resource constraining 
C) Resource starving 
D) Resource management 
E) Resource addition 
A) Resource leveling 
B) Resource constraining 
C) Resource starving 
D) Resource management 
E) Resource addition

Question 19

The idea that there is a cost associated with using a resource is _____

Accepted Answer

A) Prorated Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs 
A) Prorated Costs 
B) Indirect Costs 
C) Sunk Costs 
D) Learning Curve Costs 
E) Reserves Costs

Question 20

The project budget is determined by the project schedule,the cost of the resources assigned to each of the tasks,and by any other direct or indirect costs and reserves.

Accepted Answer

A) True 
 B)False

What is a baseline plan?

A start-to-finish activity is the most common relationship between two activities.

Under the Precedence Diagramming Method,the most common relationship between two activities which implies a logical sequence is called:

Define predecessor,successor,and parallel activities.Give a real world example of each.

Why do many people inflate their estimates?

The direct costs of using a resource is the only type of cost that should be considered when developing the project budget.

Why should assumptions used in estimating be documented?

The technique used to help manage the Polaris submarine project and which bases activity estimates on probabilistic estimates of three scenarios is most closely associated with:

Why should the project manager ensure that the project resources are leveled?

Completing activities in parallel is called_____

PERT was developed in the 1950s to create a visual representation of scheduled activities,their logical sequence,and interrelationships using a statistical probability distribution.

The critical path is the shortest path in the project network and also is the longest time in which the project can be completed.

_____ is well suited for developing simulations where the project manager can conduct sensitivity analysis for schedule planning and risk analysis.

Time and effort needed to gather experience on a technology or process are _____

An over allocated resource would arise when Mary is assigned to work on two tasks scheduled at the same time.

The Critical Path is:

To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand:

_____is ensuring that project resources are not overallocated.

The idea that there is a cost associated with using a resource is _____

The project budget is determined by the project schedule,the cost of the resources assigned to each of the tasks,and by any other direct or indirect costs and reserves.

The Nature of Information Technology Projects

Initializing and Conceptualizing the IT Project

The Project Infrastructure

The Human Side of Project Management

Defining and Managing Project and Product Scope

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Project Communication,tracking,and Reporting

It Project Quality Management

Managing Organizational Change, resistance, and Conflict

Project Procurement Management and Outsourcing

Leadership and Ethics

Project Implementation, closure, and Evaluation

Filters

Exam 7: The Project Schedule and Budget

What is a baseline plan?

A start-to-finish activity is the most common relationship between two activities.

Under the Precedence Diagramming Method,the most common relationship between two activities which implies a logical sequence is called:

Define predecessor,successor,and parallel activities.Give a real world example of each.

Why do many people inflate their estimates?

The direct costs of using a resource is the only type of cost that should be considered when developing the project budget.

Why should assumptions used in estimating be documented?

The technique used to help manage the Polaris submarine project and which bases activity estimates on probabilistic estimates of three scenarios is most closely associated with:

Why should the project manager ensure that the project resources are leveled?

Completing activities in parallel is called_____

PERT was developed in the 1950s to create a visual representation of scheduled activities,their logical sequence,and interrelationships using a statistical probability distribution.

The critical path is the shortest path in the project network and also is the longest time in which the project can be completed.

_____ is well suited for developing simulations where the project manager can conduct sensitivity analysis for schedule planning and risk analysis.

Time and effort needed to gather experience on a technology or process are _____

An over allocated resource would arise when Mary is assigned to work on two tasks scheduled at the same time.

The Critical Path is:

To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand:

_____is ensuring that project resources are not overallocated.

The idea that there is a cost associated with using a resource is _____

The project budget is determined by the project schedule,the cost of the resources assigned to each of the tasks,and by any other direct or indirect costs and reserves.

The Nature of Information Technology Projects

Initializing and Conceptualizing the IT Project

The Project Infrastructure

The Human Side of Project Management

Defining and Managing Project and Product Scope

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Project Communication,tracking,and Reporting

It Project Quality Management

Managing Organizational Change, resistance, and Conflict

Project Procurement Management and Outsourcing

Leadership and Ethics

Project Implementation, closure, and Evaluation

Filters