EXAM 3 SCM 300 DAVILA UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Question 1.
a unique undertaking in which resources (human, material, and/or financial) are organized to achieve
an end goal or outcome
ANSWER
project
Question 2.
What are the 4 steps in project management?
ANSWER
1. Define the project
2. Establish project priorities
3. Work breakdown structure
4. Track project process
Question 3.
Formula for success projects
ANSWER
unique out put + desired outcome + limited budget + deadline
Question 4.
What are the parts of "defining the project?"
ANSWER
-clarity of objectives
-eliminate ambiguities
-avoid arguments later
,Question 5.
What are the choices of "establish project priorities?"
ANSWER
-outstanding performance (quality)
-completed quickly (time)
-minimal resources (low cost)
Question 6.
What are the parts of "work breakdown structure?"
ANSWER
-Develop AON Diagram:
-break work items into smallest units and organize according to required precedents
-Estimate each steps need for: people, time, and cost
Question 7.
What are the parts of "track project process?"
ANSWER
-Utilizes the AON Diagram
-are we on schedule?
-what happens when different groups need help?
-Importance of project management software
Question 8.
goals; desired outcomes for the project. These outcomes could be in the areas of performance, cost,
time, and/or quality.
ANSWER
Ojectives
Question 9.
A description of the products and/or services that should be delivered by the end of the project.
ANSWER
Deliverables
, Question 10.
specific events that occur throughout the project that are targeted as important to staying on track
(Start dates, decisions that will be made, expected due dates)
ANSWER
Milestones
Question 11.
What does AON stand for?
ANSWER
Activity on Node
Question 12.
projects are a series of interconnected activities that must all be completed successfully in a particular
sequence in order to increase the opportunity for success.
ANSWER
AON Network Diagram
Question 13.
What does the number indicate inside each circle of the AON Network Diagram?
ANSWER
time
Question 14.
should map all of the paths that lead from the beginning of the project to the end of a project
ANSWER
project path
Question 15.
the project path with the longest total duration
ANSWER
critical path
QUESTIONS AND CORRECT ANSWERS
Question 1.
a unique undertaking in which resources (human, material, and/or financial) are organized to achieve
an end goal or outcome
ANSWER
project
Question 2.
What are the 4 steps in project management?
ANSWER
1. Define the project
2. Establish project priorities
3. Work breakdown structure
4. Track project process
Question 3.
Formula for success projects
ANSWER
unique out put + desired outcome + limited budget + deadline
Question 4.
What are the parts of "defining the project?"
ANSWER
-clarity of objectives
-eliminate ambiguities
-avoid arguments later
,Question 5.
What are the choices of "establish project priorities?"
ANSWER
-outstanding performance (quality)
-completed quickly (time)
-minimal resources (low cost)
Question 6.
What are the parts of "work breakdown structure?"
ANSWER
-Develop AON Diagram:
-break work items into smallest units and organize according to required precedents
-Estimate each steps need for: people, time, and cost
Question 7.
What are the parts of "track project process?"
ANSWER
-Utilizes the AON Diagram
-are we on schedule?
-what happens when different groups need help?
-Importance of project management software
Question 8.
goals; desired outcomes for the project. These outcomes could be in the areas of performance, cost,
time, and/or quality.
ANSWER
Ojectives
Question 9.
A description of the products and/or services that should be delivered by the end of the project.
ANSWER
Deliverables
, Question 10.
specific events that occur throughout the project that are targeted as important to staying on track
(Start dates, decisions that will be made, expected due dates)
ANSWER
Milestones
Question 11.
What does AON stand for?
ANSWER
Activity on Node
Question 12.
projects are a series of interconnected activities that must all be completed successfully in a particular
sequence in order to increase the opportunity for success.
ANSWER
AON Network Diagram
Question 13.
What does the number indicate inside each circle of the AON Network Diagram?
ANSWER
time
Question 14.
should map all of the paths that lead from the beginning of the project to the end of a project
ANSWER
project path
Question 15.
the project path with the longest total duration
ANSWER
critical path
