ISDS 351 Exam 3 Questions with 100% Correct Answers Latest
Graded A+
What type of management includes the processes required to ensure that a project
team completes a project within an approved budget? - ✔✔project cost
management
What does the process of controlling costs primarily involve? - ✔✔managing
changes to the project budget
Which costs are difficult to measure in monetary terms? - ✔✔Intangible costs
Which statement is true regarding indirect costs? - ✔✔not directly related to the
products or services of a project.
Which statement is true of contingency reserves? - ✔✔They allow for future
situations that can be partially planned for.
Which reserves allow for future situations that are unpredictable? -
✔✔Management reserves
Which statement is true of analogous estimates? - ✔✔They are most reliable when
previous projects are similar in fact with current projects
Which statement is true of bottom-up estimates? - ✔✔They are time-intensive and
expensive to develop.
What is another term used for budget? - ✔✔planned value
Which is true of earned value? - ✔✔It is an estimate of the value of the physical
work actually completed.
, Which process is often associated with the technical tools and techniques of quality
management, such as Pareto charts, quality control charts, and statistical sampling?
- ✔✔quality control
Validated changes and validated deliverables are the outputs of the
subprocess of project quality management. - ✔✔controlling
Which term is used for the degree to which a system performs its intended
function? - ✔✔functionality
What are the system's special characteristics that appeal to users? - ✔✔features
Which addresses how well a product or service performs the customer's intended
use? - ✔✔performance
What term is used for the ability of a product or service to perform as expected
under normal conditions? - ✔✔reliability
Which chart helps users identify the vital few contributors that account for most
quality problems in a system? - ✔✔Pareto
Which process involves choosing part of a population of interest for inspection? -
✔✔statistical sampling
What term is used for any instance where the product or service fails to meet
customer requirements? - ✔✔defect
Graded A+
What type of management includes the processes required to ensure that a project
team completes a project within an approved budget? - ✔✔project cost
management
What does the process of controlling costs primarily involve? - ✔✔managing
changes to the project budget
Which costs are difficult to measure in monetary terms? - ✔✔Intangible costs
Which statement is true regarding indirect costs? - ✔✔not directly related to the
products or services of a project.
Which statement is true of contingency reserves? - ✔✔They allow for future
situations that can be partially planned for.
Which reserves allow for future situations that are unpredictable? -
✔✔Management reserves
Which statement is true of analogous estimates? - ✔✔They are most reliable when
previous projects are similar in fact with current projects
Which statement is true of bottom-up estimates? - ✔✔They are time-intensive and
expensive to develop.
What is another term used for budget? - ✔✔planned value
Which is true of earned value? - ✔✔It is an estimate of the value of the physical
work actually completed.
, Which process is often associated with the technical tools and techniques of quality
management, such as Pareto charts, quality control charts, and statistical sampling?
- ✔✔quality control
Validated changes and validated deliverables are the outputs of the
subprocess of project quality management. - ✔✔controlling
Which term is used for the degree to which a system performs its intended
function? - ✔✔functionality
What are the system's special characteristics that appeal to users? - ✔✔features
Which addresses how well a product or service performs the customer's intended
use? - ✔✔performance
What term is used for the ability of a product or service to perform as expected
under normal conditions? - ✔✔reliability
Which chart helps users identify the vital few contributors that account for most
quality problems in a system? - ✔✔Pareto
Which process involves choosing part of a population of interest for inspection? -
✔✔statistical sampling
What term is used for any instance where the product or service fails to meet
customer requirements? - ✔✔defect
