Question
1. The critical path is: a The longest path through the network and determines the earliest completion of project work. b The initial requirements phase
1. The critical path is:
a The longest path through the network and determines the earliest completion of project work.
b The initial requirements phase of a project.
c A risk management framework.
d None of the above.
2. Project management is not just:
a Planning
b Rework
c Scheduling
d Controlling
3. SMART Objective stands for:
a Slow, Meticulous, Attainable, Rigorous, Timely
b Specific, Measureable, Attainable, Realistic, Time-limited
c Steady, Money-driven, Adventurous, Risky, Terrible
d None of the above.
4. The two network rules as it relates to projects are:
a Before a task can begin, all tasks preceding it must be complete; arrows denote the logical order of work.
b The early start task can be done after the late finish task; circles are used to indicate task completion.
c Both of the above.
d None of the above.
5. The purpose of a Work Breakdown Structure (WBS) is to:
a Assess project risk.
b Divide a complicated task into smaller tasks until you reach a level that cannot be further sub-divided.
c Make it easier to estimate how long the small task will take and how much it will cost to perform it.
d Both B and C are correct.
6. The purpose of the change control form is to:
a Asses project risk.
b Provide proper documentation for the change process within a project.
c Divide a complicated task into smaller tasks until you reach a level that cannot be further sub-divided.
d None of the above.
7. Which statement is true regarding measuring project performance/quality?
a Overall quality can always be sacrificed as long as the deliverable is met on time.
b There is no method to measure project quality.
c Work quality is most likely to be sacrificed when deadlines are tight. Constant attention is required in order to avoid this tendency.
d None of the above.
8. Regarding vendor selection, steps in the due diligence process include:
a On-site and client site reviews.
b Reference checks.
c Review vendor financial statements
d All of the above.
9. Return on investment (ROI) is:
a A process that consists of financial steps that will determine mathematically whether the project will provide the necessary monetary returns to the business.
b A methodology that involves project scheduling.
c A risk matrix.
d None of the above.
10. Two common methods of communicating formal requirements are:
a Gantt charts and Work Breakdown Structure (WBS).
b Risk matrix and change manuals.
c Request for Information (RFI) and Request for Proposal (RFP).
d None of the above.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started