business managment – In resource planning, one of the issues that needs to be considered is:

business managment – In resource planning, one of the issues that needs to be considered is:


In resource planning, one of the issues that needs to be considered is:

Question 1 answers

a. Staff empowerment

b. Technical requirements of the project

c. Theory X management principles

d. Theory Y management principles

Question 2 text Question 2 1 points Save

A modern view in Human Resource Management is that positive motivation results from an opportunity to achieve and experience self-actualization.

Question 2 answers



Question 3 text Question 3 1 points Save

The critical path:

Question 3 answers

a. Provides the duration of a project

b. Has the shortest duration on a project

c. Is the most expensive path to implement

d. Contains the project's most significant tasks

Question 4 text Question 4 1 points Save

If review of a project's status indicates that EV = $400, AC = $400, and PV = $500, the project is:

Question 4 answers

a. On budget, behind schedule

b. On budget, ahead of schedule

c. Over budget, behind schedule

d. Over budget, ahead of schedule

Question 5 text Question 5 1 points Save

When we have objective data on the probability of an event, we are involved with decision making under certainty.

Question 5 answers



Question 6 text Question 6 1 points Save

The astute project manager typically uses only one management style in order not to confuse his/her teammates.

Question 6 answers



Question 7 text Question 7 1 points Save

Under what conditions may a project manager accept a change request?

Question 7 answers

a. If the request has no effect on project objectives, deadlines, or resources

b. If the request has no effect on project objectives, although it has effects on deadlines and resources

c. If the request is coming from a valued customer

d. If the request is from the Chief Executive Officer

Question 8 text Question 8 1 points Save

Needs recognition is the first stage of the needs-requirement life cycle.

Question 8 answers



Question 9 text Question 9 1 points Save

Which of the following is a characteristic of an effective reporting system?

Question 9 answers



c. MBO


Question 10 text Question 10 1 points Save

Milestones, like tasks, consume resources.

Question 10 answers



Question 11 text Question 11 1 points Save

Internal Rate of Return (IRR) is the discount rate that sets the present value of cash outflow equal to the present value of cash inflow.

Question 11 answers



Question 12 text Question 12 1 points Save

The bottom-most level of the WBS -- the level at which project budget and schedule data are captured -- is called:

Question 12 answers

a. Work package

b. Code of accounts

c. Budget baseline

d. Change control level

Question 13 text Question 13 1 points Save

Confidence in the accuracy of a cost estimate increases when top-down and bottom-up estimates converge.

Question 13 answers



Question 14 text Question 14 1 points Save

A tool that graphically shows cost variance is:

Question 14 answers

a. A chart of accounts

b. A code of accounts

c. A histogram (also called a resource loading chart)

d. A cumulative cost curve (also called S-curve)

Question 15 text Question 15 1 points Save

Concurrent engineering involves overlapping tasks and phases to accelerate a project's schedule.

Question 15 answers



Question 16 text Question 16 1 points Save

Configuration management is a:

Question 16 answers

a. Methodology for working closely with customers by developing and updating requirements for faster response to changing customer needs

b. Methodology for ensuring that requirements evolve with evolving customer requirements

c. Methodology for specifying requirements at the outset and for controlling very tightly any changes to them

d. Methodology for specifying requirements at the outset and for facilitating any changes to them with minimum customer input

Question 17 text Question 17 1 points Save

A key objective of change control in configuration management is to keep track of actions taken in response to change requests.

Question 17 answers



Question 18 text Question 18 1 points Save

Good functional requirements

Question 18 answers

a. Describe how the deliverable should be developed

b. Provide detailed technical insights into what the deliverable will do

c. Describe what the deliverable looks like and what it should do

d. Are created after development of the technical specifications

Question 19 text Question 19 1 points Save

A challenge of the matrix project organization is that:

Question 19 answers

a. Team members are full of ego

b. Team members are selected from the same functional area

c. Team members have divided loyalties

d. It enables functional managers to provide career guidance to their workers

Question 20 text Question 20 1 points Save

Bottom-up estimates:

Question 20 answers

a. Are based on historical trends

b. Can be derived from the WBS

c. Must employ Monte Carlo simulation

d. a and c

Question 21 text Question 21 1 points Save

A major strength of task Gantt charts is that they can:

Question 21 answers

a. Offer a sophisticated model of a project

b. Show how many resources will be used on the project

c. Show the interdependencies of tasks

d. Show actual versus planned schedule status

Question 22 text Question 22 1 points Save

There is a definite link between the level of risk an enterprise encounters and project time frame.

Question 22 answers



Question 23 text Question 23 1 points Save

If EV = $300, AC = $400, and the project budget is $1,000, what is the estimated final cost of the project (this is known as EAC, estimate at complete)?

Question 23 answers

a. $750

b. $1,000

c. $1,250

d. $1,333

Question 24 text Question 24 1 points Save

Rapid prototyping is a methodology for:

Question 24 answers

a. Specifying requirements at the outset and for controlling very tightly any changes to them

b. Specifying requirements at the outset and for facilitating later changes to them with minimum customer in put

c. Triggering early warning of unauthorized changes to the original prototype to enable project management to take remedial actions

d. Working closely with customers by creating and updating prototypes that respond to customer input

Question 25 text Question 25 1 points Save

Using working time or elapsed time to calculate the time it will take to complete a task produces the same results.

Question 25 answers



Question 26 text Question 26 1 points Save

Under rapid prototyping (also called application prototyping), the customer actually sees and works with the deliverable as it evolves.

Question 26 answers



Question 27 text Question 27 1 points Save

Top-down estimates (also called parametric estimates):

Question 27 answers

a. Are based on historical trends

b. Can be derived from the WBS

c. Can be determined by analyzing work packages

d. Provide accurate assessments of project costs

Question 28 text Question 28 1 points Save

Ensuring a one-to-one correspondence between specification items and general design items is a feature of:

Question 28 answers

a. Scope statement definition

b. WBS construction

c. Rapid prototyping

d. Configuration management

Question 29 text Question 29 1 points Save

Which of the following methods involves performing tasks in parallel?

Question 29 answers

a. Crashing

b. Fast tracking

c. Leveling

d. Hammocking

Question 30 text Question 30 1 points Save

If you want to shorten the length of a project, you must:

Question 30 answers

a. Shorten the critical path

b. Shorten the free float

c. Spend more money

d. Cut back on the features you plan to deliver

Question 31 text Question 31 1 points Save

Functional requirements provide us with detailed technical specifications.

Question 31 answers



Question 32 text Question 32 1 points Save

If the latest time you can start a task is five hours into the project, and the earliest time is three and a half hours into the project, how much slack (also called float) does the task have?

Question 32 answers

a. 0.5 hours

b. 1.5 hours

c. 2.5 hours

d. 8.5 hours

Question 33 text Question 33 1 points Save

The type of management whose focus is on activities whose variances lie outside the acceptable range is:

Question 33 answers

a. Management by Objectives

b. Management by Exception

c. Management by Walking Around

d. Management by Control Limits

Question 34 text Question 34 1 points Save

Which of the following is a scope planning tool?

Question 34 answers

a. Benefit/cost analysis

b. WBS

c. Earned Value analysis

d. Fast tracking

Question 35 text Question 35 1 points Save

Which of the following is an example of a project?

Question 35 answers

a. Maintaining e-mail addresses

b. Capacity planning

c. Submitting travel and expense reports

d. Sending monthly reports to top management

Question 36 text Question 36 1 points Save

The poor man's hierarchy is a method for:

Question 36 answers

a. Project estimation

b. Project scheduling

c. WBS construction

d. Project selection

Question 37 text Question 37 1 points Save

In project management, the level of uncertainty plays a major role in determining the adequacy of a project plan.

Question 37 answers



Question 38 text Question 38 1 points Save

An objective of prototyping is to minimize life-cycle cost.

Question 38 answers



Question 39 text Question 39 1 points Save

A project can be terminated prematurely because the original objectives may no longer be valid.

Question 39 answers



Question 40 text Question 40 1 points Save

Scope creep means:

Question 40 answers

a. Needs emergence and identification

b. Uncontrolled changes to a project's requirements during project execution

c. Migration of project needs to requirements

d. Imprecise scope statement

Question 41 text Question 41 1 points Save

Which of the following is not an activity carried out during project closeout?

Question 41 answers

a. Reassignment of project staff

b. Preparation of the project's baseline

c. Reassignment of material resources

d. Preparation of user manuals

Question 42 text Question 42 1 points Save

Which of the following shows resource allocation over time?

Question 42 answers

a. Resource Gantt chart

b. Resource matrix

c. S-Curve

d. Resource leveling

Question 43 text Question 43 1 points Save

The purpose of mid-project evaluation is:

Question 43 answers

a. Continual monitoring of budget and estimates

b. To focus on achievement of individual element of the project plan

c. To determine whether the original objectives are still relevant

d. To re-baseline the project budget

Question 44 text Question 44 1 points Save

An effective project manager must:

Question 44 answers

a. Tell his team members what to do

b. Be the most capable person on the team technically

c. Be focused on achieving results

d. Not trust his team members to achieve results without his personal attention to detail

Question 45 text Question 45 1 points Save

A laissez-faire management style may lead to a ship without rudder syndrome.

Question 45 answers



Question 46 text Question 46 1 points Save

When crashing a project, we typically choose critical path tasks whose costs of crashing are highest.

Question 46 answers



Question 47 text Question 47 1 points Save

According to PMI, a WBS should focus on

Question 47 answers

a. Tasks

b. Deliverables

c. Interrelationships among activities

d. Cost of the project

Question 48 text Question 48 1 points Save

The Theory X approach to managing workers is a classic example of a top-down view of how people should be managed.

Question 48 answers



Question 49 text Question 49 1 points Save

Structured Walk-Through is a methodology used in:

Question 49 answers




d. Project Evaluation

Question 50 text Question 50 1 points Save

A four step risk assessment process reflecting standard risk management good practice consists of:

Question 50 answers

a. Risk identification, Risk deflection, Risk impact analysis, Risk monitoring and control

b. Risk acceptance, Risk impact analysis, Risk response planning, Risk monitoring and control

c. Risk deflection, Contingency planning, Risk impact analysis, Risk monitoring and control

d. Risk identification, Risk impact analysis, Risk response planning, Risk monitoring and control

Question 51 text Question 51 1 points Save

A project team structure that closely reflects the physical structure of the deliverable is known as:

Question 51 answers

a. Egoless

b. Specialty

c. Surgical

d. Isomorphic

Question 52 text Question 52 1 points Save

Which of the following is an elapsed time task?

Question 52 answers

a. Paint is drying

b. A painter paints the wall

c. Software is being written

d. A sandwich is being made

Question 53 text Question 53 1 points Save

The resource planning tool that enables us to identify who we need to carry out what tasks is called:

Question 53 answers

a. A resource Gantt chart

b. A resource matrix (also called the responsibility chart)

c. A resource ogive

d. A resource loading chart (also called a resource histogram)

Question 54 text Question 54 1 points Save

A key characteristic of an effective project team is that:

Question 54 answers

a. Members have graduate degrees in project management

b. Members come from the same professional background

c. Members see themselves as stakeholders in the project

d. Members adhere to a prescribed pecking order

Question 55 text Question 55 1 points Save

In risk management, insurance is an example of:

Question 55 answers

a. Risk avoidance

b. Risk deflection

c. Risk acceptance

d. Contingency planning

Question 56 text Question 56 1 points Save

What is the function of a change control board (CCB) in configuration management?

Question 56 answers

a. To assess the management impacts of change requests

b. To initiate changes needed on the project

c. To focus on the technical implication of change requests

d. To approve change requests coming from senior management

Question 57 text Question 57 1 points Save

Definitive estimates are generally derived from:

Question 57 answers

a. Bottom-up estimates

b. Top-down estimates

c. Expert judgment cost estimates

d. Order of magnitude estimates

Question 58 text Question 58 1 points Save

An autocratic management style:

Question 58 answers

a. Is effective in most project management situations

b. Is effective in highly routine efforts

c. Is effective in high flux, state-of-the-art projects

d. Will lead to the tyranny of the majority

Question 59 text Question 59 1 points Save

A key weakness of the Benefit-Cost ratio project selection mechanism is that:

Question 59 answers

a. It only focuses on things that can be measured

b. It takes time frame into consideration

c. It is too much based on subjective judgment

d. It does not entail prioritizing

Question 60 text Question 60 1 points Save

A work package is to be found at the summary level of the WBS.

Question 60 answers