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Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
You are the project manager and at the completion of the project, you MUST:
A tool which links the project roles and responsibilities to the project Define Scope is called ____________.
Function of the __________ is to make sure that changes to anything in the project are recorded and agreed to by the stakeholders.
A series of consecutive points on the same side of the average is called __________.
A technique for resolving conflict in which the parties agree to have a neutral third party hear the dispute and make a decision is called ____________.
The one document that should always be used to help identify risk is _______.
The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
The independence of two events in which the occurrence of one is not related to the occurrence of the other is called ________________.
Which characteristic distinguishes the network diagram from the Gant chart?
Which of the following are NOT tools or techniques of the Activity Definition process?
You are project manager and the monthly report to the client showed zero schedule variance. However, member of the team know that a milestone has been missed which will cause an overall delay to the project. Which one of the following is being inadequately reported?
As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?
If BCWP =400, ACWP = 410, and BCWS = 350, what is the cost performance index?
Which of the following statements regarding configuration management system is least true?
Integrity in the project management field is accomplished through all of the following except:
The Sales VP approaches you to change the visitor logon screen on the company's website to include a user name with at least eight characters. This is considered
Which of the following conflict resolution approaches is likely to lead to the MOST long-lasting solutions?
Your upcoming project includes project team members from a foreign country. To make certain that cultural differences do not interfere with team performance, thereby affecting the success of the project, which is your first course of action ?
If BCWP= 450: ACWP= 410, and BCWS= 325, what is the schedule variance and the schedule performance index?
The normal risk of doing business that carries opportunities for both gain and loss is called _______________.
Human resource administration is the primary responsibility of which of the following:
Which type of network diagram allows you to depict four types of dependencies (finish-to-start, finish-to-finish, start-to-start, and start-to-finish)?
You are creating your WBS and keep decomposing tasks into smaller units. How can you tell when you are done?
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of ____________.
Which process must occur after a project manager has been assigned to the project?
Your project team is composed of team members in three countries plus a contractor team in a fourth country. What tool would optimize communication?
The Ishikawa diagram, Pareto chart, control charts, and statistical sampling are examples of ________.
You are the project manager for the software Project. This project must be completed within one year. This is an example of which of the following?
Which of the following is the most important task of the project manager during the Execution and Control phase?
You are the project manager of the MKTG Project. The project has a budget of $200,000 and is expected to last 2 years. The project is now 20 percent complete and is on schedule. What is the BAC?
A project manager's role is likely to be part-time in which of the following organizations?
The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order: _____________.
If a project has an 80% chance of having the scope defined by a certain date and a 70% chance of obtaining approval for the scope by a certain date, what is the probability of both events occurring?
What percentage of sales is estimated to be the cost of non-quality?
A)0 3-5%
B. 12-20%
C. 30-40%
D. 6"8%
In which of the following organizations the project manager role is likely to be part-time?
Which of the following includes the process required to ensure that the project includes all the work required, and only the work required, to complete a project successfully.
An activity that consumes no time or resource and shows only that a dependency exists between two activities is called:
With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
If you are a project manager and a change request has been denied, you should:
According a PERT weighted average computation, what is the probability of completing the project within plus-or-minus 3 standard deviations of the mean?
You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years, the expected worth of the equipment is $2,000. Using the straight-line deprecation, what is the amount that can be written off each year?
To calculate the late start and late finish dates for a set of tasks , you must do :
You are in charge of developing a new product for a bank. Your quality metrics are based on the 80th percentile of each of the last three products developed. This is an example of:
The work that must be done in order to deliver a product with the specified features and functions is:
A document which describes how project scope will be managed and how scope changes will be integrated into the project is: (choose the best answer)
A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style:
Which of the following is considered during the Procurement Planning Process?
A tool which is used to illustrate links between work packages or activities and team members is called _______.
The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order:
___________ must be measured regularly to identify variance from the plan.
Which of the following is NOT a tool or technique used during the Perform quantitative risk analysis Process?
Formal acceptance by the client or sponsor of the project should be prepared and distributed during which of the following process?
The ___________ documents the characteristics of the product or service that the project was undertaken to create.
Which of the following approaches to quality improvement is LEAST likely to produce positive results?
Which of the following is not a process of Project Communications Management?
Which of the following statements concerning bottom up estimating is true?
Team motivation, problem resolution, and space verification occur during which process?
You are the project manager of a project .The senior executive of your company wants monthly schedule update of your project. Which of the following would you send to the executive?
Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:
TESTED 05 May 2024