Posted: February 18th, 2024

The type of management whose focus is on activities

Q1. Top-down estimates (also called
parametric estimates):

a. Are based on historical trends

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b. Can be derived from the WBS

c. Can be determined by analyzing work packages

d. Provide accurate assessments of project costs

Q2. The type of management whose focus is
on activities whose variances lie outside the acceptable range is:

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a. Management by Objectives

b. Management by Exception

c. Management by Walking Around
d. Management by Control Limits

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Q3. A key characteristic of an effective
project team is that:

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

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d. Members adhere to a prescribed pecking order

Q4. An autocratic management style:
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

Q5. An effective project manager must:

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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

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Q6. An objective of prototyping is to
minimize life-cycle cost.
a. true
b. false

Q7. Rapid prototyping is a methodology for:

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

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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

Q8. Which of the following is an example of
a project?

a. Maintaining e-mail addresses

b. Capacity planning

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c. Submitting travel and expense reports

d. Sending monthly reports to top management

Q9. Which of the following is a scope
planning tool?

a. Benefit/cost analysis

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b. WBS

c. Earned Value analysis

d. Fast tracking

Q10. When crashing a project, we typically
choose critical path tasks whose costs of crashing are highest.
a. true
b. false

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Q11. A major strength of task Gantt charts
is that they can:

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

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d. Show actual versus planned schedule status

Q12. Good functional requirements

a. Describe how the deliverable should be developed

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

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

d. Are created after development of the technical specifications

Q13. 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)?
a. $750
b. $1,000
c. $1,250
d. $1,333

Q14. The Theory X approach to managing
workers is a classic example of a top-down view of how people should be
managed.
a. true
b. false

Q15. Scope creep means:

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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

Q16. When we have objective data on the
probability of an event, we are involved with decision making under certainty.
a. true
b. false

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Q17. According to PMI, a WBS should focus
on

a. Tasks

b. Deliverables

c. Interrelationships among activities

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d. Cost of the project

Q18. Bottom-up estimates:

a. Are based on historical trends

b. Can be derived from the WBS

c. Must employ Monte Carlo simulation
d. a and c

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Q19. Which of the following is a
characteristic of an effective reporting system?

a. SMART

b. KISS

c. MBO

d. LOWBALLING

Q20. Configuration management is a:

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

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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

Q21. Ensuring a one-to-one correspondence
between specification items and general design items is a feature of:

a. Scope statement definition

b. WBS construction

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c. Rapid prototyping

d. Configuration management

Q22. Definitive estimates are generally
derived from:

a. Bottom-up estimates

b. Top-down estimates

c. Expert judgment cost estimates

d. Order of magnitude estimates

Q23. A project can be terminated
prematurely because the original objectives may no longer be valid.
a. true
b. false

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Q24. Confidence in the accuracy of a cost
estimate increases when top-down and bottom-up estimates converge.
a. true
b. false

Q25. The resource planning tool that
enables us to identify who we need to carry out what tasks is called:

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)

Q26. If you want to shorten the length of a
project, you must:

a. Shorten the critical path

b. Shorten the free float

c. Spend more money

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d. Cut back on the features you plan to deliver

Q27. A challenge of the matrix project
organization is that:

a. Team members are full of ego

b. Team members are selected from the same functional area

c. Team members have divided loyalties

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

Q28. The poor man's hierarchy is a method
for:

a. Project estimation

b. Project scheduling

c. WBS construction

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d. Project selection

Q29. Using working time or elapsed time to
calculate the time it will take to complete a task produces the same results.
a. true
b. false

Q30. In resource planning, one of the
issues that needs to be considered is:

a. Staff empowerment

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b. Technical requirements of the project
c. Theory X management principles
d. Theory Y management principles

Q31. Needs recognition is the first stage
of the needs-requirement life cycle.
a. true
b. false

Q32. The bottom-most level of the WBS --
the level at which project budget and schedule data are captured -- is called:

a. Work package

b. Code of accounts

c. Budget baseline

d. Change control level

Q33. The purpose of mid-project evaluation
is:

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

Q34. Under rapid prototyping (also called
application prototyping), the customer actually sees and works with the
deliverable as it evolves.
a. true
b. false

Q35. A four step risk assessment process
reflecting standard risk management good practice consists of:

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

Q36. In risk management, insurance is an
example of:

a. Risk avoidance

b. Risk deflection

c. Risk acceptance

d. Contingency planning

Q37. A key objective of change control in
configuration management is to keep track of actions taken in response to
change requests.
a. true
b. false

Q38. 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?
a. 0.5 hours
b. 1.5 hours
c. 2.5 hours
d. 8.5 hours

Q39. There is a definite link between the
level of risk an enterprise encounters and project time frame.
a. true
b. false

Q40. A laissez-faire management style may
lead to a ship without rudder syndrome.
a. true
b. false

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