1
BMGT 422-800 Project Management Exam 1 Questions with
Detailed Verified Answers (100% Correct Answers) /Already
Graded A+
Once a negotiation process begins, during its earliest phase we should include
the other party in a problem-solving session to identify alternative outcomes.
This technique is called:
Ans: Inclusive brainstorming
Creating action plans to address the needs of various stakeholder groups is
part of the _____ step of Block's framework for stakeholder management
Ans: Develop solutions
A product is introduced into a market, gains the acceptance of a fickle public,
and finally is supplanted by a new and improved offering. This phenomenon is
known as the:
Ans: Product life cycle
The least amount of float is found:
Ans: On the critical path
The department chair had allotted plenty of time for all department (and
project) members to prepare sections of their five-year program review.
Administration demanded no less than 50 pages be devoted to a thorough and
thoughtful review of activities and goals. What happened to the report was
anybody's guess; no one had actually seen one or ever heard back from
administration once they had submitted it. Most of the project team members
thought the report was immediately sent to the steam tunnels running
underneath the campus or perhaps it would sit collecting dust as part of a
make-work program to justify an assistant VP's job. No wonder that team
meetings were poorly attended and that all the sections of the report were
filled with trite phrases and wide margins. This team suffers from:
Ans: Lack of motivation
Approved By:
vPretest - Stuvia US
, 2
What is the late start time for Activity E given the activity times and
precedence requirements shown in the table?
Ans: 15
Gersick's model for team development rejects the standard model in favor of
something called:
Ans: Punctuated equilibrium
Stacey noted that the client was a cantankerous old man and that her current
project team lacked the requisite skills to work with him. Time was running
short, so the BEST approach to making sure the project team had the
necessary skills was to:
Ans: Hire a contractor for the life of the project
Consider the Gantt chart shown below where the time scale is in minutes
and all activities are performed on an early start basis. How much slack is
available in the Great Hair Washing project?
Ans: 10 minutes
The expected cost of an item that is estimated at $5,000 with a task
contingency multiplier of 1.2 is:
Ans: $4,167
One purpose of a mission statement is to:
Ans: Explain the company's reason for existence
When their baby was ready to head off to college, the beleaguered parents
pulled out the college folder from their file cabinet and added up the cost of
putting their first child through college from 1995-2000. The mother
whimpered as she factored in the rising cost of tuition, fees, books, and
inflation by multiplying the total by 2.5. The father felt a searing pain go
through his chest as he saw the total, knowing full well that their cost
estimation approach, called:
Approved By:
vPretest - Stuvia US
BMGT 422-800 Project Management Exam 1 Questions with
Detailed Verified Answers (100% Correct Answers) /Already
Graded A+
Once a negotiation process begins, during its earliest phase we should include
the other party in a problem-solving session to identify alternative outcomes.
This technique is called:
Ans: Inclusive brainstorming
Creating action plans to address the needs of various stakeholder groups is
part of the _____ step of Block's framework for stakeholder management
Ans: Develop solutions
A product is introduced into a market, gains the acceptance of a fickle public,
and finally is supplanted by a new and improved offering. This phenomenon is
known as the:
Ans: Product life cycle
The least amount of float is found:
Ans: On the critical path
The department chair had allotted plenty of time for all department (and
project) members to prepare sections of their five-year program review.
Administration demanded no less than 50 pages be devoted to a thorough and
thoughtful review of activities and goals. What happened to the report was
anybody's guess; no one had actually seen one or ever heard back from
administration once they had submitted it. Most of the project team members
thought the report was immediately sent to the steam tunnels running
underneath the campus or perhaps it would sit collecting dust as part of a
make-work program to justify an assistant VP's job. No wonder that team
meetings were poorly attended and that all the sections of the report were
filled with trite phrases and wide margins. This team suffers from:
Ans: Lack of motivation
Approved By:
vPretest - Stuvia US
, 2
What is the late start time for Activity E given the activity times and
precedence requirements shown in the table?
Ans: 15
Gersick's model for team development rejects the standard model in favor of
something called:
Ans: Punctuated equilibrium
Stacey noted that the client was a cantankerous old man and that her current
project team lacked the requisite skills to work with him. Time was running
short, so the BEST approach to making sure the project team had the
necessary skills was to:
Ans: Hire a contractor for the life of the project
Consider the Gantt chart shown below where the time scale is in minutes
and all activities are performed on an early start basis. How much slack is
available in the Great Hair Washing project?
Ans: 10 minutes
The expected cost of an item that is estimated at $5,000 with a task
contingency multiplier of 1.2 is:
Ans: $4,167
One purpose of a mission statement is to:
Ans: Explain the company's reason for existence
When their baby was ready to head off to college, the beleaguered parents
pulled out the college folder from their file cabinet and added up the cost of
putting their first child through college from 1995-2000. The mother
whimpered as she factored in the rising cost of tuition, fees, books, and
inflation by multiplying the total by 2.5. The father felt a searing pain go
through his chest as he saw the total, knowing full well that their cost
estimation approach, called:
Approved By:
vPretest - Stuvia US
