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IT Project Mgt Exam 2 (Chapter 5) Questions and Answers Latest Update

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IT Project Mgt Exam 2 (Chapter 5) Questions and Answers Latest Update An estimation technique characterized by dividing the project into smaller modules and then directly estimating the time and effort in terms of person-hours, person-weeks, or person-months for each module best describes - Answers Bottom-Up Estimating With _____, activity estimates are usually provided by the team members. - Answers Bottom-Up Estimating In the WBS context, a crux is best described by which of the following: - Answers a proof of concept Which of the following Scope Management Processes decomposes or divides the major project deliverables into smaller and more manageable components? - Answers Create Work Breakdown Structure The _____ estimation method usually costs more and takes longer than other methods. - Answers Delphi Technique An estimation technique characterized by the recruitment of multiple experts who provide rounds of estimates until a consensus estimate emerges. - Answers Delphi Technique _____ can be very effective and provide reasonable assurance when the stakes are high and and the margin of error is low. - Answers Delphi Technique The significant event at the conclusion of each phase is called a(n) _____. - Answers Milestone Confidence in project estimates will be highest _____ - Answers later in the project An estimation technique characterized by picking numbers out of the air or "ballparking". - Answers Guesstimating Continuously agreeing to project changes can lead to: - Answers Scope creep Which of the following Scope Management Processes ensures that controls are in place to manage proposed scope changes once the project's scope is accepted? - Answers Control Scope Each project phase should provide at least ___ deliverable(s). - Answers One What is NOTincluded in the Project Scope? - Answers deliverable structure chart included: business case, project plan, project charter

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IT Project Mgt Exam 2 (Chapter 5) Questions and Answers Latest Update 2025-2026

An estimation technique characterized by dividing the project into smaller modules and then
directly estimating the time and effort in terms of person-hours, person-weeks, or person-
months for each module best describes - Answers Bottom-Up Estimating

With _____, activity estimates are usually provided by the team members. - Answers Bottom-Up
Estimating

In the WBS context, a crux is best described by which of the following: - Answers a proof of
concept

Which of the following Scope Management Processes decomposes or divides the major project
deliverables into smaller and more manageable components? - Answers Create Work
Breakdown Structure

The _____ estimation method usually costs more and takes longer than other methods. -
Answers Delphi Technique

An estimation technique characterized by the recruitment of multiple experts who provide
rounds of estimates until a consensus estimate emerges. - Answers Delphi Technique

_____ can be very effective and provide reasonable assurance when the stakes are high and and
the margin of error is low. - Answers Delphi Technique

The significant event at the conclusion of each phase is called a(n) _____. - Answers Milestone

Confidence in project estimates will be highest _____ - Answers later in the project

An estimation technique characterized by picking numbers out of the air or "ballparking". -
Answers Guesstimating

Continuously agreeing to project changes can lead to: - Answers Scope creep

Which of the following Scope Management Processes ensures that controls are in place to
manage proposed scope changes once the project's scope is accepted? - Answers Control
Scope

Each project phase should provide at least ___ deliverable(s). - Answers One

What is NOTincluded in the Project Scope? - Answers deliverable structure chart

included: business case, project plan, project charter

Project success will be determined in large part by _____ - Answers thinking carefully through
activities and estimating their durations.

Which one of the following Scope Management Processes centers on documenting the

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