Project Management Ch. 4 & 5 Quiz – Flashcards
Unlock all answers in this set
Unlock answersquestion
What you expect to deliver to your customer when the project is complete
answer
How is project scope defined?
question
Work Package
answer
Jose is looking at a document that outlines the specific deliverables and sub-deliverables required to complete the writing of a technical support manual. He is most likely viewing the...
question
Define the Project Scope
answer
There at 5 steps involved when defining a project; which of the following is the first?
question
It is when the cost of the project is more than expected.
answer
Which of the following is NOT true regarding scope creep?
question
A deliverable
answer
An expected output over the life of a project would be classified as...
question
Define the overall objective to meet the customer's needs
answer
The first step of project scope definition is to...
question
Milestone
answer
In reviewing the project plan, Susan sees that the first prototype must be completed by October 12. This would be best classified as a...
question
Technical Requirement
answer
The ability of a 911 emergency system to identify the caller's phone number and location is considered to be a...
question
An Objective
answer
"To construct a high-quality, custom home within five months at costs not to exceed $150,000" is best classified as...
question
Establish Project Priorities
answer
There are 5 steps involved when defining a project; which of the following is the second?
question
Profit
answer
One of the primary jobs of a project manager is to manage the trade-offs associated with the project. Which of the following is NOT one of the basic classifications of project priorities?
question
Constrained
answer
After reviewing the project scope statement, the owner specifies that costs MUST stay within $400,000. This criterion is classified as...
question
Project Priority Matrix
answer
The ____ is used to assist in making project trade-offs among schedule, budget, and performance objectives.
question
A Work Package
answer
The lowest element in the hierarchical breakdown of the WBS is...
question
The Project
answer
The highest element in the hierarchical breakdown of the WBS is...
question
Code the WBS for Tracking
answer
There a 5 steps involved in defining a project; which of the following is the last?
question
Responsibility Matrix
answer
If a project is small and does not require an elaborate system to assign tasks, which of the following is a good choice?
question
Limits and Exclusions
answer
The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team will train the client's trainers. This is an example of...
question
Scope Creep
answer
The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and priorities is called...
question
What defines how project communication is to occur
answer
A "Dissemination Mode"' is...
question
Estimating
answer
The process of forecasting or approximating the time and cost of completing project deliverables is called...
question
Top Down/Bottom Up
answer
In practice, estimating processes are frequently classified as...
question
Past Experience
answer
A good starting point for developing time and cost estimates is...
question
Profit
answer
Which of the following is NOT one of the factors that need to be considered to improve quality of estimates for project times and costs?
question
Padding Estimates
answer
Janet is forecasting how much money her department needs to support a new project. She estimates that two people and $25,000 in expenses will cover her needs. Because management typically insists on reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the following factors is illustrated in this situation?
question
Internal, Small Project
answer
Which of the following is a good condition for top-down estimating?
question
When there is a fixed price contract
answer
Which of the following is a good condition for bottom-up estimating?
question
They are made by someone who uses experience and/or information from someone else to determine overall project cost and duration
answer
Which of the following does NOT help describe a bottom-up estimating approach?
question
Template
answer
Which of the following methods is NOT considered a top-down approach to estimating project time and cost?
question
Ratio
answer
Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the following methods is he using?
question
Function Point
answer
Sean is forecasting the time and cost of developing a customized software program by looking at the number of inputs, outputs, inquiries, files, and interfaces. Which of the following methods is he using?
question
labor
answer
Learning curves are more likely to be applied in situation where most of the costs are...
question
Phase Estimating
answer
Which of the following would be the best method for projects where the final product is not known and the uncertainty is very large?
question
Range Estimating
answer
Rob is responsible for estimating a work package that has a significant amount of uncertainty associated with the time and cost to complete. Due to the uncertainty involved he will be making a low, an average and a high estimate. Rob is using which estimating approach?
question
Direct Project Overhead
answer
The salary of the project manager would be an example of what type of cost found in a project?
question
All of these choices are examples of costs found in a project. (Direct Costs, Project Overhead Costs, General/Administrative Overhead Costs/Labor)
answer
Typical kinds of costs found in a project include all of the following EXCEPT
question
General and Administrative Overhead
answer
Accounting would be an example of which of the following costs typically found in a project?
question
Labor, Materials, and Equipment
answer
Which of the following would best represent direct project costs?
question
Creating historical databases of previous projects
answer
Companies are using which of the following for improving the estimating process for future projects?
question
To help establish a project selection process
answer
Reason why estimating time and cost are important include all of the following EXCEPT...
