Which of the following is true regarding the project charter

Which of the following is true regarding the project charter

Subject: Business    / General Business
Question

1. Which of the following is true regarding the project charter?
A. The project charter should be published under the name of a manager
external to the project.
B. The project charter should be published under the project sponsor’s name.
C. The project charter should be published under the name of the project
manager.
D. The project charter should be published under the name of the project
champion.
E. The project charter should be published under the technology supplier’s
name.

2. Which of the following is not an advantage of using matrix structure for the
project management?
A. Enables the project manager to exercise control over all the resources
B. Facilitates quick response to conflicts, changes, and other needs
C. Facilitates cost minimization by sharing key personnel.
D. Enables authority and responsibility sharing.
E. Establishes vertical communication channels.

3. What is one of the advantages of a functional organization?
A. All employees report to one manager and have a clear chain of command
B. All employees report to two or more managers, but project team members
show loyalty to functional managers.
C. The organization is focused on projects and project work.
D. Teams are collocated
E. Bureaucratic

4. You are a project manager working on a new technology product your company
plans to market to businesses. The project sponsor told you that the project must
be completed by October 15. The company plans to demo the new software
product at a trade exhibition in early November and therefore needs the project
completed in time for the trade exhibition. However, the sponsor has also told you
that the budget is fixed at $100,000 and it would take an act of Congress to get it
increased. You must complete the project within the given time frame and budget.
Which of the following is the primary constraint for this project?
A. Budget
B. Scope
C. Time
D. Schedule
E. Technology

5. You are a project manager for BA421 Chemicals Inc. You’ve been asked to
perform a cost-benefit analysis for two proposed projects. Project A costs $2
million, with potential benefits of $15 million and future operating costs of $3
million. Project B costs $4 million, with potential benefits of $24 million and
future operating costs of $2 million. Which project should you recommend?
A. Project A, because the cost to implement is cheaper than Project B.
B. Project A, because the potential benefits plus the future operating costs are
less in value than the same calculation for Project B. C. Project B, because the potential benefits minus the implementation and
future operating costs are greater in value than the same calculation for
Project A.
D. Project B, because the potential benefits minus the costs to implement are
greater in value than the same calculation for Project A
E. None of the above

6. You’ve constructed the WBS for your recent project. You’ve requested that the
subproject manager’s report back to you in three weeks with each of their
individual WBSs constructed. Which statement is not true regarding the
subproject managers’ WBS?
A. The work package level facilitates resource assignments
B. The work package level is the lowest level in the WBS
C. The work package level defines the agreed-upon deliverables
D. The work package level facilitates cost and time estimates
E. None of the above

7. You’ve just completed the WBS. Which of the following statements is true?
A. The WBS breaks the project deliverables down to a level where
alternatives identification can be used to determine how level two
assignments should be made.
B. The WBS breaks the project deliverables down to a level where project
constraints and assumptions can be easily identified
C. The WBS breaks the project deliverables down to the work package level,
where product analysis can be documented
D. The WBS breaks the project deliverables down to the work package level,
where cost and time estimates can be easily determined
E. None of the above

8. Which of the following statements is not true regarding Work Breakdown
Structure (WBS)?
A. Activities should be carried on with dependence or linkages with other
activities
B. Every activity should produce a single tangible deliverables
C. Every activity at any level of WBS is an aggregation of all its subordinate
activities listed immediately below it
D. There should be some flexibility in the WBS development process as the
WBS might be updated when the project scope changes
E. The activities should be compatible with organizational and accounting
procedures

9. What are work breakdown structure elements that must be completed to conclude
the project deliverables?
A. Activities
B. Tasks
C. Work packages
D. Milestones
E. Summary tasks

10. Which of the following is true regarding the project scope statement? A. The project scope statement includes a change control system that
describes how to make changes to the project scope
B. The project scope further elaborates the initiating processes and serves as
a basis for future project decisions
C. The project scope statement describes how the team will define and
develop the work breakdowns structure
D. The project scope statement assesses the reliability of the project scope
and describes the process for verifying and accepting completed
deliverables
E. The project scope statement is provided by the client

11. Which of the following statements is true regarding the critical path?
A. It should never be compressed
B. It allows for looping and branching
C. The critical path technique is the same as PERT
D. It’s the duration of all tasks with zero float
E. It has the shortest duration among all project paths

12. Which of the following statements is not true with regard to PERT/CPM?
A. PERT cannot handle situations in which two or more projects have to be
planned together to share the available resources
B. CPM assumes that the cost associated with a project can be divided into
two components: direct costs and indirect costs
C. PERT is based on time and variance estimates that consist of six-value
weighted averages
D. CPM and PERT techniques assume that the project has unlimited
resources, and they can be assigned for project activities
E. PERT can be used when there is a change in the precedence and sequential
relationships of project activities

13. Which of the following is false for the critical path method of network analysis?
A. Activities on critical path have least amount of scheduling flexibility
B. Any delay in a critical activity results in a delay in the entire project
C. The series of critical activities is called the “critical path” of the project
D. The critical path of the project is the shortest path through the network
E. A Project manager should give more priority to critical activities while
allocating resources

14. A simple CPM network has three activities, D, E, and F. D is an immediate
predecessor of E and of F. E is an immediate predecessor of F. The activity
durations are D=4, E=3, F=8.
A. The critical path is D-E-F, duration 15
B. The critical path is D-f, duration 12
C. Slack at D is 3 units
D. Slack at E is 3 units
E. Both a and c are true