MGMT 404 Week 6 Quiz

1. Question: Project quality is defined as the characteristics of a product or service that bear on its ability to satisfy stated or implied needs. 2. Question: Which of the following describes the activities appropriately performed by the project team during Perform Qualitative Risk Analysis? 3. Question: Which of these is NOT a reason to design quality into processes rather than to find problems later through inspections? 4. Question: All of the following describe the appropriate application of Perform Quantitative Risk Analysis in project management EXCEPT: 5. Question: Which of the following activities illustrates a risk response strategy designed to research a threat or an opportunity? 6. Question: Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT: 7. Question: The International Organization for Standardization (ISO) developed a quality management standard that now encompasses seven quality management areas including leadership, operations, and improvement. 8. Question: All of the following items contribute to developing empowered performance in an organization EXCEPT: 9. Question: All of the following statements accurately describe special cause variation EXCEPT: 10. Question: The risk register is a component of the project management plan that describes how risk management activities will be structured and performed on a project. 11. Question: What is the first thing the project manager must do before developing a budget in MS Project? 12. Question: Where are resource Standard Rates assigned? 13. Question: What does the Task Usage view show you in addition to the Gantt Chart view? 14. Question: How is the assignment cost calculated? 15. Question: How is the task cost calculated?