UGA MIST5740S FINAL EXAM HUBER 2026/2027 | NURSING
LEADERSHIP & MANAGEMENT STUDY GUIDE, PRACTICE QUESTIONS,
ANSWERS & EXAM REVIEW
A temporary endeavor undertaken to create a unique product, service, result, or value. - ✔✔Project
- Scope
- Schedule
- Resource
(Quality) - ✔✔Triple Constraint
- Present state to desired state
- What stops me from going to desired outcome?
- Use resources and action steps to move beyond obstacles. - ✔✔Outcome Model
Opportunity, challenge, problem, etc. - ✔✔Gap
What does having a desired outcome do for me? - ✔✔Higher-Level Outcomes
- Model the way
- Inspire a vision
- Challenge the process
- Enable others to act
- Encourage the heart - ✔✔Exemplary Leadership
Scope broken down. - ✔✔Work Breakdown Structure (WBS)
Comes from WBS, duration of all tasks done by 1 person. - ✔✔Effort Time
Tasks divided among different people. - ✔✔Partition Time
Time it takes to finish all tasks with consideration for all possible side tracks. - ✔✔Elapsed Time
Uncertainty of outcomes. - ✔✔Risk
Selecting the right project. - ✔✔Business Risk
Managing uncertainty to meet the stakeholders' objectives. - ✔✔Project Risk
- Likelihood
- Impact
- When - ✔✔Risk Factors:
- Accept
- Avoid
, - Contingency plan
- Transfer
- Mitigate - ✔✔Risk Responses
- Idea Evaluation (Ballpark Estimates)
- Project Selection (Order of Magnitude)
- Detailed Estimates (Bottom-up Estimates) - ✔✔3 Levels of Accuracy:
Only function should be to evaluate whether it would be useful to get a more accurate estimate. -
✔✔Idea Evaluation (Ballpark Estimates)
Represented by a few hours of effort comparing the proposed project to past projects. - ✔✔Project
Selection (Order of Magnitude)
Includes all the schedule and resource info and a forecast of a project's budget and cashflow. -
✔✔Detailed Estimates (Bottom-up Estimates)
- Project
- Business Case
- Enterprise - ✔✔3 Levels of Balancing a Project:
Requires making changes that keep the project on track for its original cost, schedule, and quality
objectives. - ✔✔Balancing Project Level
- Re-estimate the project
- take advantage of schedule float
- Add people
- Use internal experts
- Use external experts
- Outsource
- Crash - ✔✔Project Level Techniques:
Reduce product performance. - ✔✔DO NOT DO:
- Reduce scope
- Fixed-phase scheduling
- Fast-tracking
- Phased product delivery
- Do it twice (fast and correctly)
- Change the profit requirement - ✔✔Business Case Level Techniques:
A qualitative measurement of some attribute of the project. - ✔✔Project Metrics
- Understandable
- Quantifiable
- Cost effective
- Proven
- High impact - ✔✔Project Metrics must be:
LEADERSHIP & MANAGEMENT STUDY GUIDE, PRACTICE QUESTIONS,
ANSWERS & EXAM REVIEW
A temporary endeavor undertaken to create a unique product, service, result, or value. - ✔✔Project
- Scope
- Schedule
- Resource
(Quality) - ✔✔Triple Constraint
- Present state to desired state
- What stops me from going to desired outcome?
- Use resources and action steps to move beyond obstacles. - ✔✔Outcome Model
Opportunity, challenge, problem, etc. - ✔✔Gap
What does having a desired outcome do for me? - ✔✔Higher-Level Outcomes
- Model the way
- Inspire a vision
- Challenge the process
- Enable others to act
- Encourage the heart - ✔✔Exemplary Leadership
Scope broken down. - ✔✔Work Breakdown Structure (WBS)
Comes from WBS, duration of all tasks done by 1 person. - ✔✔Effort Time
Tasks divided among different people. - ✔✔Partition Time
Time it takes to finish all tasks with consideration for all possible side tracks. - ✔✔Elapsed Time
Uncertainty of outcomes. - ✔✔Risk
Selecting the right project. - ✔✔Business Risk
Managing uncertainty to meet the stakeholders' objectives. - ✔✔Project Risk
- Likelihood
- Impact
- When - ✔✔Risk Factors:
- Accept
- Avoid
, - Contingency plan
- Transfer
- Mitigate - ✔✔Risk Responses
- Idea Evaluation (Ballpark Estimates)
- Project Selection (Order of Magnitude)
- Detailed Estimates (Bottom-up Estimates) - ✔✔3 Levels of Accuracy:
Only function should be to evaluate whether it would be useful to get a more accurate estimate. -
✔✔Idea Evaluation (Ballpark Estimates)
Represented by a few hours of effort comparing the proposed project to past projects. - ✔✔Project
Selection (Order of Magnitude)
Includes all the schedule and resource info and a forecast of a project's budget and cashflow. -
✔✔Detailed Estimates (Bottom-up Estimates)
- Project
- Business Case
- Enterprise - ✔✔3 Levels of Balancing a Project:
Requires making changes that keep the project on track for its original cost, schedule, and quality
objectives. - ✔✔Balancing Project Level
- Re-estimate the project
- take advantage of schedule float
- Add people
- Use internal experts
- Use external experts
- Outsource
- Crash - ✔✔Project Level Techniques:
Reduce product performance. - ✔✔DO NOT DO:
- Reduce scope
- Fixed-phase scheduling
- Fast-tracking
- Phased product delivery
- Do it twice (fast and correctly)
- Change the profit requirement - ✔✔Business Case Level Techniques:
A qualitative measurement of some attribute of the project. - ✔✔Project Metrics
- Understandable
- Quantifiable
- Cost effective
- Proven
- High impact - ✔✔Project Metrics must be:
