Module 1 Project Management Exam 1 WITH 100- SURE ANSWERS

EUNICE Module 2 Project Management WITH QUESTIONS AND 100% SURE ANSWERS Terms in this set (30) Which of the following is not a characteristic of a project? Select one: a. Finite duration b. Set of interrelated activities c. Results in a unique output d. Continuously operating process Continuously operating process The distinction between a multiple project environment and a job shop is somewhat artificial. What factor(s) below should you consider in deciding whether to manage a process as a project? (select the best response) Select one: a. The duration b. Whether their is a budget c. Whether a schedule is required d. All of the above are important considerations d. All of the above are important considerations Identify each of the phases of managing a project. Phase III: Getting it done. Phase I: Identify problem/opportunity Phase IV: Assessing if everything is progressing as planned and managing changes. Phase II: Identify activities, resources, schedule Phase III: Executing Phase I: Initiating Phase IV: Monitoring Phase II: Planning What project management approach would you use for a project which you don't know exactly what the end result will look like or even the required activities? Select one: a. Agile approach b. Traditional approach a. Agile approach Which of the following is not a common initiation document? Select one: a. Scope Statement b. Project Charter c. Process Flow Diagram d. Statement of Work (SOW) c. Process Flow Diagram A work breakdown structure can help identify activities/tasks required to complete a project and their dependencies. True Work packages are the smallest units of effort consuming both time and resources that the project manager can schedule and control. True Which of the following is an agile approach to managing a project? Select one: a. Critical PATH Method b. Scrum c. Gantt Chart d. Critical CHAIN Approach b. Scrum The best approach to use to management a project depends on the characteristics of the project. Identify the common names for each of the approaches. Approach A- Gantt Charts - Low Resource Flexibility/Sharing, Low Time Estimate Uncertainty Approach B- Critical PATH- Lower Resource Flexibility/Sharing, Lower Time Estimate Uncertainty Approach C- Critical CHAIN- Mid Resource Flexibility/Sharing, Mid Time Estimate Uncertainty Approach D- Scrum- High Resource Flexibility/Sharing, High Time Estimate Uncertainty Which of the following applications is frequently used to help manage projects? Select one: a. Microsoft Word b. Gmail c. Microsoft Excel d. Microsoft Project d. Microsoft Project Failures of the Critical PATH Methodology are primarily due to the fact that the CPM frequently results in management by Deadline When activity times are view as which the resources performing the work are held accountable for achieving, the critical PATH methodology results in management by The problem with deadline management is how people to being held accountable for deadlines. Commitments Deadline Respond ____is the additional time a resources add to the time the resource expects the activity to take to buffer themselves from uncertainty. Safety The amount of safety injected into most time estimates is estimated to be at least of the overall time estimate. 50% When resources procrastinate, they waste the built into activity time estimates. Safety Suppose a resource provides an activity time estimate of 4 days after injecting 2 days of safety, and the project manger schedules the activity to start on Day 1 and be completed 4 days later (at the start of Day 5). If the resource procrastinates and wastes all the injected safety, the resource will start the activity at the start of day____ If the resource wastes the safety and the activity takes longer than expected, the activity be completed by the start of day 5. 3 Will not When resources are managed by deadlines, resources are discouraged from reporting ____ finishes Early When early finishes are not reported, the delay in a single activity along the path will delay the completion of the entire project. Critical Which of the factors below create an incentive for project managers to add safety to project completion times? a. project managers are held accountable for the overall project completion time b. resources don't report early finishes c. resources waste safety Management by creates incentives which do not support the on-time completion of projects. Deadline A median activity time estimate is based on the expectation that of the time the activity will take longer than the median time estimate and of the time the activity will take less than the median time estimate. When time estimates are viewed as median time estimates, resources are likely to procrastinate and are likely to report early finishes. 50% 50% Less More The critical CHAIN approach views activity start and end time as____ . The critical CHAIN approach uses a race approach to scheduling resources. When early finishes are reported and capitalized on, the project buffer can be ____ . Fluid Relay Reduce The critical CHAIN benchmark schedule is derived from scheduling buffers and activities from the desired project completion date. Backward _____buffers are used to protect the critical path from delays along a non-critical path. Feeding Scrum is an approach used to manage agile projects. True User stories are features from the _____perspective. end user Which of the following is/are true statement(s)? Select one or more: a. Sprints are short duration milestones which allow project managers to track progress on a project. b. A sprint is a subset of user stories from the release backlog. c. The result of a sprint is a part of a product release in a ship-ready state. d. Most Sprints are 2-30 days in duration. All of the above A burndown chart shows the daily estimates of the total time required to complete the sprint. True The expected completion time of a sprint can be estimated by using the burndown velocity. True Which of the following is/are true statement(s)? Select one or more: a. Scrum meetings are daily events. b. Scrum meetings are short duration meetings. c. Scrum meetings are used to update team members on the project status. d. The scrum master usually runs a scrum meeting. All of the above