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linda_us, Master's Degree
Category: Multiple Problems
Satisfied Customers: 1402
Experience:  A tutor for Business, Finance, Accounts and other related topics.
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Q1. When we have objective data on the probability of an

Customer Question

Q1. When we have objective data on the probability of an event, we are involved with decision making under certainty.
a. true
b. false
Q2. The type of management whose focus is on activities whose variances lie outside the acceptable range is:
a. Management by Objectives
b. Management by Exception
c. Management by Walking Around
d. Management by Control Limits
Q3. A work package is to be found at the summary level of the WBS.
a. true
b. false
Q4. 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
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
Q5. 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
d. Show actual versus planned schedule status
Q6. Which of the following is an elapsed time task?
a. Paint is drying
b. A painter paints the wall
c. Software is being written
d. A sandwich is being made
Q7. Under rapid prototyping (also called application prototyping), the customer actually sees and works with the deliverable as it evolves.
a. true
b. false
Q8. Top-down estimates (also called parametric estimates):
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
Q9. A project team structure that closely reflects the physical structure of the deliverable is known as:
a. Egoless
b. Specialty
c. Surgical
d. Isomorphic
Q10. Confidence in the accuracy of a cost estimate increases when top-down and bottom-up estimates converge.
a. true
b. false
Q11. Configuration management is a:
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
Q12. The poor man's hierarchy is a method for:
a. Project estimation
b. Project scheduling
c. WBS construction
d. Project selection
Q13. 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.
a. true
b. false
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. An effective project manager must:
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
Q16. 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
d. Members adhere to a prescribed pecking order
Q17. 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
Q18. 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)
Q19. Concurrent engineering involves overlapping tasks and phases to accelerate a project's schedule.
a. true
b. false
Q20. 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
Q21. A laissez-faire management style may lead to a ship without rudder syndrome.
a. true
b. false
Q22. In project management, the level of uncertainty plays a major role in determining the adequacy of a project plan.
Submitted: 10 months ago.
Category: Multiple Problems
Expert:  F. Naz replied 10 months ago.


Kindly mention the deadline as well as let me know that are these your graded quiz or test question?

Customer: replied 10 months ago.
Friday morning this is my test questions
Expert:  F. Naz replied 10 months ago.

Sorry, I am opting out so another expert can help you, thanks.

Customer: replied 10 months ago.
No need for answers anymore