MGMT 404 Week 4 Midterm

1. Question: (TCO1)Whichstepoftheprojectlife 1. Question. Question:: (TCO1)Whichstepoftheprojectlifecyclecreatestheprojectcharter? 2. Question: (TCO1)Whichdocumentonaprojectauthorizestheprojectmanagertobeginworkontheproject? Week1Lecture 3. Question: (TCO2)Whichstepoftheprojectlifecycledefinesalloftheprojectdeliverables? 4. Question: (TCO 2) Which statement is an example of a project assumption? Week 2 Lecture 5. Question: (TCO 3) The critical path in a project describes which of the following? Chapter 9 6. Question: (TCO3)Whatvaluesarecalculatedontheforwardpassofaprojectnetwork? Chapter9 7. Question: (TCO5)Inwhichprocessofriskmanagementareproactiveandreactivestrategiesconsidered? Week4Lecture 8. Question: (TCO5)Ariskmatrix is usedin to .Ariskregisterisa . Week4Lecture 9. Question: (TCO1)Compareandcontrasttheprojectcharterandtheprojectscopeasusedinprojectmanagement. Chapter5andWeek1Lecture 10. Question: (TCO 2) You are a project manager for a new hardware/software project. You just received the projectcharterandestablishedyourscopestatement.Withinthescopestatement,youdefinedsomeofthekeycomponentstomeettheoverallprojectobjective.Establishingrequirementswillbecriticaltodefineandget approved. The hardware will be new for your company, so you will need to ensure the vendor isselected and the hardware is appropriately installed into your environment. The supporting software willneedtobedesignedandcoded.Itwillalsoneedtobeinstalledandtestedonthesystem.Toensuretheusers know how to use the new software, training will be needed for managers and the associates. Youhaveassembledyourteamofexpertsandtheyareanxioustogetstarted. 11. Question: (TCO3)Compareandcontrastfasttrackingandscopereductionasmeansofschedulecompression. 12. Question 12: (TCO 5) A firm hosts eCommerce transactions for other companies. The firm processes credit purchases supporting most major credit cards and is known as an inexpensive alternative to other larger competitors. The firm is deploying new security software that is state-of-the-art for eCommerce. It should increase security while speeding up transactions because of the new security algorithms. Part1:ListanddiscussthemajorriskmanagementfunctionsfromaprojectmanagementperspectivefortheeCommerceproject. (15points) Part2:Describeapositiveandnegativeriskevent,therelatedconsequences,andtheriskresponseplansfortheeCommerceproject.(5points) Week4Lecture 13. Question: (TCO9)Compareandcontrasthowascopeiscreatedintraditionalprojectmanagementversusonecreatedinagileprojectmanagement.