Thursday, November 3, 2011

Project Management Quiz - 24

1. Formal authority is often referred to as legitimate power. Which two other forms of power are also considered to be legitimate power?
[A]Reward and penalty
[B]Reward and referent
[C]Referent and expert
[D]Expert and reward
[E]Penalty and referent

2. Power games, withholding information, and hidden agendas are examples of-.
[B]communication barriers
[C]indirect communication
[D]mixed messages
[E]All of the above

3. Scope management is:
[A]a project control function.
[B]employs change control.
[C]a work authorization process.
[D]considers Cost, Quality and Schedule.
[E]All of the above.

4. The most common method for pricing out non-burdened labor hours for a three year project would be to:
[A]Price out the hours at the actual salary of the people to be assigned.
[B]Price out the work using a company-wide average labor rate.
[C]Price out the work using a functional group average labor rate.
[D]All of the above.
[E]A and B only.

5. The principles of risk management should be followed only for:
[A]complex projects
[B]simple projects
[C]large projects
[D]A and C
[E]All of the above.

6. Utility Theory:
[A]considers the risk propensity of the decision makers.
[B]is based on proven statistical methods.
[C]deals with the usefulness of the end product.
[D]is a key element of ISO 9000
[E]B and C

7. Which is not part of the purchasing cycle?
[A]Defined need
[B]Transmit need
[D]Prepare and issue purchase order
[E]A and D

8. A network has been developed with resources from six different departments. One of the six departments has just informed you that they can increase the number of employees from 5 to 8. This will result in:
[A]A shortening of the critical path.
[B]A shortening of the noncritical path.
[C]A decrease in the total cost of the project.
[D]An increase in the cost of the project.
[E]A through D are possible based upon where the resources are deployed.

9. Conflict management requires problem-solving. Which of the following is often referred to as a problem-solving technique and used extensively in conflict resolution?

10. Cost Reimbursable contracts are equivalent to:
[A]Cost plus contracts
[B]Fixed plus contracts
[C]Progress payment contracts
[D]Back charge contracts
[E]None of the above.

11. In project-driven companies, costs are usually billed againest the project based upon:
[A]The burdened labor rate of the actual employees who performed the work.
[B]The burdened labor rate of the line organization average salary.
[C]The burdened labor rate of the company average salary.
[D]The burdened labor rate of the average salary of the project team members.
[E]None of the above.

12. Project Risk Management is based on which of the following premises:
[A]the future is unknown.
[B]unknowns can result in risks or opportunities.
[C]we cannot control risk events.
[D]project risk impact can be measured and controlled
[E]All of the above.

13. The project manager that allows and supports group discussions and decision making is called a(n) _____ manager.
[B]consultant autocratic
[E]None of the above.

14. What is the purpose of the Project Plan?
[A]To document the Preliminary estimates.
[B]To document the Definitive estimates.
[C]To document the Budgetary estimates.
[D]To document Parametric estimates.
[E]To document Order of Magnitude estimates.

15. Management has decided to "crash" a project in order to avoid penalty payments for late deliveries. To crash the project, either overtime or additional resources should be assigned to:
[A]All activities.
[B]Only those activities with the longest time durations.
[C]Those activities on the critical path begining with the longest time duration activities.
[D]Those activities with the greatest degree of risk.
[E]None of the above.