Thursday, October 27, 2011

Project Management Quiz - 15

1. Which of the following utility functions reflects risk-aversion:
[E]B and D only

2. A deficiency in characteristics that render the quality of the material/service unacceptable is usually referred to as:
[D]poor workmanship
[E]lack of fitness for use

3. A line manager possesses information which the project team needs, but withholds the information. The results in a(n):
[C]region of influence
[D]Communication power base
[E]None of the above

4. A project can best be defined as:
[A]Series of non-related activities designed to accomplish single and multiple objectives.
[B]Coordinated effort of related activities designed to accomplish a goal without a well-established end point.
[C]Cradle-to-grave activities which must be accomplished in less than one year and consumes human and non-human resources.
[D]Any undertaking with a definable time frame, well-defined objectives, and consumes both human and non-human resources with certain constraints.
[E]All of the above.

5. Guidelines for estimating time durations include:
[A]Assuming a normal level of labor and equipment.
[B]Assuming a normal work week.
[C]Using consistent time units
[D]Using past actual durations as guides.
[E]All or part of each of the above.

6. Herzberg identified factors which, if present, will lead to increased motivation. A typical factor would be:
[A]Good supervision
[B]Job security
[C]Regular promotions
[D]Good salary
[E]A dental plan

7. Statistical cost estimating techniques (based upon history), are called _____ estimates and are a _____ approach.
[A]Definitive, bottom up.
[B]Analogy, top down.
[C]Parametric, bottom up.
[D]Parametric, top down.
[E]Analogy, bottom up.

8. Which quality management tool would be used to determine potential causes of a production problem?
[A]control chart.
[B]Ishikawa diagram.
[C]scatter diagram.
[E]run chart.

9. Affinity diagrams are used to:
[A]determine if a process is in control.
[B]determine root cause.
[C]show the relationship among variables.
[D]categorize large amounts of data.
[E]None of the above.

10. One of your project team members has made a technological breakthrough on an R & D project. The result will be new business for the company, as well as a company patent. The team member received a company bonus. The motivational strategy used here is:
[A]Job enrichment
[B]Linking pay and performance
[C]Behavior modification
[D]Freedom in the work place
[E]All of the above

11. Smoothing out resource requirements from period to period is called resource _____.
[E]None of above.

12. The most precise or accurate estimate for determining project costs is the _____ estimate.
[D]Modified standards.
[E]Rule of thumb.

13. When subordinates know pertinent information that is not known by the project manager, the result is:
[C]region of influence
[D]Communication power base
[E]None of the above

14. Which of the following scheduling methods uses more of the risk management concepts:

15. Which of the following terms refers to the situation where the work is being used for the purpose intended and so certified:
[A]beneficial completion
[B]substantial completion
[C]project completion
[D]contract closeout
[E]final completion