Project Management C722: Unit 5, Modules 14 & 15
Breakdown
Which is a characteristic of a project that is well-suited to traditional project management methods?
a. Risks are low and identifiable.
b. Scope is likely to change.
c. Resource is constrained.
d. Project has high complexity.
methods. - correct answer ✔✔a. Risks are low and identifiable.
Projects with risks that are low and identifiable are well-suited to traditional project management
methods
True or False.
Traditional management method approaches work well in situations where the project outcome has not
yet been clearly defined.
defined. - correct answer ✔✔False
Traditional management methods are best suited to situations where the project outcome is clearly
defined.
True or False:
The customer is often unable to fully define the desired outcome of a project.
, True
This is one of the uncertainties that must be considered when selecting an appropriate project
management method. - correct answer ✔✔True
This is one of the uncertainties that must be considered when selecting an appropriate project
management method.
Developed in the 1950s for the U.S. Navy, this method uses statistical analysis to estimate activity
duration times. - correct answer ✔✔PERT-Project Evaluation and Review Technique
Used previously in software development, this method organizes project tasks into linear workflows. -
correct answer ✔✔Waterfall
Developed for the Dupont Corporation to estimate activity time durations, this method assumes time
can be reliably estimated. - correct answer ✔✔CPM- Critical Path Method
Focuses on managing the uncertainties of a project and builds buffers into the schedule to prevent key
activities from failing. - correct answer ✔✔CCPM- Critical Chain Project Management
Focuses on the specification of outputs, including very specific processes and terminology. - correct
answer ✔✔PRINCE2-Projects in Controlled Environment
True or False:
PMBOK is a method for project management. - correct answer ✔✔False: PMBOK is an official standard
for project management, not a method. Project management methods include PERT, CPM, Critical Chain,
Waterfall, Agile, and PRINCE2.
What is a standard that identifies the best practices in project management?
CPM
Breakdown
Which is a characteristic of a project that is well-suited to traditional project management methods?
a. Risks are low and identifiable.
b. Scope is likely to change.
c. Resource is constrained.
d. Project has high complexity.
methods. - correct answer ✔✔a. Risks are low and identifiable.
Projects with risks that are low and identifiable are well-suited to traditional project management
methods
True or False.
Traditional management method approaches work well in situations where the project outcome has not
yet been clearly defined.
defined. - correct answer ✔✔False
Traditional management methods are best suited to situations where the project outcome is clearly
defined.
True or False:
The customer is often unable to fully define the desired outcome of a project.
, True
This is one of the uncertainties that must be considered when selecting an appropriate project
management method. - correct answer ✔✔True
This is one of the uncertainties that must be considered when selecting an appropriate project
management method.
Developed in the 1950s for the U.S. Navy, this method uses statistical analysis to estimate activity
duration times. - correct answer ✔✔PERT-Project Evaluation and Review Technique
Used previously in software development, this method organizes project tasks into linear workflows. -
correct answer ✔✔Waterfall
Developed for the Dupont Corporation to estimate activity time durations, this method assumes time
can be reliably estimated. - correct answer ✔✔CPM- Critical Path Method
Focuses on managing the uncertainties of a project and builds buffers into the schedule to prevent key
activities from failing. - correct answer ✔✔CCPM- Critical Chain Project Management
Focuses on the specification of outputs, including very specific processes and terminology. - correct
answer ✔✔PRINCE2-Projects in Controlled Environment
True or False:
PMBOK is a method for project management. - correct answer ✔✔False: PMBOK is an official standard
for project management, not a method. Project management methods include PERT, CPM, Critical Chain,
Waterfall, Agile, and PRINCE2.
What is a standard that identifies the best practices in project management?
CPM
