MGMT 404 Week 7 Quiz

1. Question: Self-directed teams on agile projects are largely empowered to decide what work to do and when to do it, consistent with the prioritizing of deliverables by the product owner. 2. Question: Project partnerships offer which of the following advantages to both clients and vendors? 3. Question: Traditional project procurement was characterized by win / lose adversarial relations between owner and contractor, whereas contemporary project partnering fosters a relationship of trust and collaboration. 4. Question: In a control chart, a point that occurs above the upper control limit typically means that some sort of special cause is creating the variation and requires a specific intervention. 5. Question: Project partnerships offer all of the following advantages to vendors EXCEPT: 6. Question: All of these are factors that could lead to a decision to buy or outsource rather than make or perform in-house, EXCEPT: 7. Question: Which of the following measures is best suited for determining whether the project is on, ahead or behind schedule? 8. Question: All of the following accurately apply to project performance reporting EXCEPT: 9. Question: A traditional buyer-seller relationship is defined as "a long-term relationship between an owner and a contractor in which the contractor acts as a part of the owner's organization for certain functions." 10. Question: One useful method of process improvement involves consideration of how another organization performs a process, identifying and analyzing best practices for improvement ideas. This method is known as: