IS 438: Practice Test 1 – Multiple Choice – Flashcards
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Project procurement management usually involves...
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buying goods and services for a project from outside the performing organization.
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Fast tracking is an example of a tool used in ______ management.
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Time
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A ____ is an organizational group responsible for coordinating the project management function throughout an organization
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Project management office
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____ describes the holistic view of carrying our projects within the context of the organization
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systems thinking
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In a _______ organizational structure, program managers, rather than functional managers or Vice Presidents, report to the CEO. Their staffs have a variety of skills needed to complete all required tasks in a program.
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Project
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_______ processes include defining and authorizing a project or project phase
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Initiating
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Developing a ________ is a planning process that occurs in the Protect Integration Management knowledge area.
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Project management plan
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The Project Stakeholder Management Knowledge area maps to the _____ process group of identifying stakeholders.
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initiating
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Which is true about the agile model?
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It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product.
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The improvement of a product and process in the scrum method is discussed at the_____
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Sprint reflection meeting
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Payback occurs when the _____
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the cumulative benefits equal the net cumulative costs
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The business case includes information on ______
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The project objective, high-level requirements, and time and cost goals
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An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of ______-
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A corrective action
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A _______a deliverable-oriented grouping of work involved in a project that defines the total scope of the project
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Work breakdown structure
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The ________ approach for constructing a WBS involves refining the work into greater and greater levels of detail.
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Top Down
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A network diagraming technique in which boxes represent activities is known as a ______
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PDM (Precedence Diagram Model)
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_________ states that work expands to fill the time allowed
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Parkinson's Law
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Work performance information and cost forecasts are main outputs of the ______ process
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Cost control
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Profits may be defined as
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costs plus revenues
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Indirect costs are _______
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Not directly related tot he product or services of a project
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A rough order of magnitude estimate can be referred to as a ______ estimate
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Ballpark
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Analogous estimates are also known as estimates
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top-down
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Which of the following is true of analogous estimates?
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They are most successful when previous projects are similar in fact with current projects
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The budget is one of the three values of earned value Management and is also known as
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Planned value
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Which of the following is true about earned value?
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It is an estimate of the value of the physical work actually completed.
