Monday, November 7, 2011

Project Management Quiz - 27

1. Project managers must know:
[A]What kind of message to send
[B]to whom to send the message
[C]how to translate the message into a language that everyone can understand
[D]All of the above
[E]A and B only

2. Quality attributes
[A]are used to determine how effectively the organization accomplishes its goals
[B]can be objective or subjective in nature
[C]are specific quality characteristics for which a product is designed, built, and tested.
[D]A and B.
[E]B and C

3. Risk event probability is defined as:
[A]the total number of possible events divided into the expectations or frequency of the risk event
[B]the number of times the risk event may occur
[C]the fraction of the total project tasks which may be affected by the risk event
[D]the total number of possible events divided into the consequences of the risk event.
[E]A and B

4. Scheduling systems such as PERT, ADM, and PDM are project management tools to be used by:
[A]The project manager and project office personnel.
[B]The project team and functional managers.
[C]The project sponsor.
[D]All of the above.
[E]A and B only.

5. The planned cost for the total project at its inception is called the _____.
[A]Cost of goods sold.
[B]Depreciable value.
[C]Budgeted cost.
[D]All of the above.
[E]B and C only.

6. A process characteristic has a true mean of 150 and a true standard deviation of 20. A sample of 25 items is taken from this process. The standard error of the estimate is:

7. Network schedules are prepared during the _____ phase and updated during the _____ phase.
[A]Conceptual, execution.
[B]Development, implementation.
[C]Development, close-out.
[D]Implementation, close-out.
[E]Planning, finishing.

8. Scope Management:
[A]entails managing the project's work content.
[B]is a subset of configuration management and as such is performed by CM specialists.
[C]is concerned with naming all activities performed, the end products which results and the resources consumed.
[D]is not a concern of the project manager.
[E]None of the above.

9. The methods and techniques for determining the economic costs, the environmental impact, the economic returns, and the probability for success are called:
[A]Feasibility studies.
[B]Bills of materials.
[C]Pert charts.
[D]Managerial reserves.
[E]None of the above

10. The traditional organizational form has the disadvantage of:
[A]Complex functional budgeting
[B]Poorly established communication channels
[C]No single focal point for clients/sponsors
[D]Slow reaction capability
[E]Inflexible use of manpower

11. Things that distort, distract, or muddle the communication process are called:
[B]selective filtering
[C]selective perception
[D]medium problems
[E]All of the above.

12. Which is not a consideration in a make or buy decision?
[A]Cost factors (least cost alternatives)
[B]Competitors' method of sourcing
[C]Existence of sufficient administration/technical personnel
[D]Political and social factors
[E]None of the above.

13. A Work Breakdown Structure:
[A]assures all work is identified
[B]subdivides the project into manageable segments
[C]provides the project sponsor with a time-phase task summary
[D]both A and B
[E]All of the above.

14. A project manager can exchange information with the project team using which media?
[E]All of the above.

15. During project execution, the customer authorizes and funds a scope change which requires a major change in the schedule. The baseline schedule:
[A]Now becomes the new schedule, including the changes, and the original baseline is disregarded.
[B]Is still the original baseline but annotated to reflect that a change has taken place.
[C]Is amended to reflect the scope change, but the original baseline is still maintained for post-project review.
[D]Is meaningless since every schedule update changes the baseline (i.e., a rubber baseline.)
[E]Is the same since baseline schedules cannot change once the development phase is completed.