IME 456 FINAL EXAM | QUESTIONS AND ANSWERS |
SOLVED 100% CORRECT!!
The four phases of the project life cycle in the appropriate order are Answer -
Initiating, Planning, Performing, Closing
Definition of project Answer - A temporary endeavor undertaken to create a
unique product, service, or result.
Projects are selected to be funded during which of the project life cycle?
Answer - Initiating phase
If something is ___ in the statement of work, then it should be assumed that __
Answer - not included, it will not be done or provided
The project plan is executed and controlled during which phase of the project
life cycle? Answer - Performing phase
When making contingency estimates, the contractor should __ Answer -
estimate the amount necessary to mitigate the high impact and probable
issues
The project scope is all the work that must be done to do all of the following
EXCEPT Answer - Exceeding expectations listed in the project charter
, A __ emphasizes who is responsible for each work item and shows each
individual's role in supporting the overall project. Answer - Responsibility
Assignment Matrix
Although major or key deliverables may be stated in the project charter or the
request for proposal, they need to be __ in the project scope document.
Answer - expanded on in greater detail
T/F: One way to determine which activities are on the critical path is to
determine which activities have the least slack Answer - TRUE
When building a project schedule from a network diagram, the number listed
as "the estimated duration" for each activity must be __ Answer - the time you
ESTIMATE for the work to be done PLUS any associated WAITING TIME
The ES and EF times are determined by calculating... Answer - forward,
working through the network diagram from the beginning to the end.
Free slack is the amount of time a specific activity can be __ Answer -
postponed without delaying the earliest start time of its immediately
succeeding activities.
Resource leveling, or "smoothing", is a method for Answer - Developing a
schedule that attempts to minimize the fluctuations in requirements for
resources.
Why are activities drawn in a serial relationship in a network diagram? Answer
- From a technical standpoint, the activities must be performed in that
sequence.
SOLVED 100% CORRECT!!
The four phases of the project life cycle in the appropriate order are Answer -
Initiating, Planning, Performing, Closing
Definition of project Answer - A temporary endeavor undertaken to create a
unique product, service, or result.
Projects are selected to be funded during which of the project life cycle?
Answer - Initiating phase
If something is ___ in the statement of work, then it should be assumed that __
Answer - not included, it will not be done or provided
The project plan is executed and controlled during which phase of the project
life cycle? Answer - Performing phase
When making contingency estimates, the contractor should __ Answer -
estimate the amount necessary to mitigate the high impact and probable
issues
The project scope is all the work that must be done to do all of the following
EXCEPT Answer - Exceeding expectations listed in the project charter
, A __ emphasizes who is responsible for each work item and shows each
individual's role in supporting the overall project. Answer - Responsibility
Assignment Matrix
Although major or key deliverables may be stated in the project charter or the
request for proposal, they need to be __ in the project scope document.
Answer - expanded on in greater detail
T/F: One way to determine which activities are on the critical path is to
determine which activities have the least slack Answer - TRUE
When building a project schedule from a network diagram, the number listed
as "the estimated duration" for each activity must be __ Answer - the time you
ESTIMATE for the work to be done PLUS any associated WAITING TIME
The ES and EF times are determined by calculating... Answer - forward,
working through the network diagram from the beginning to the end.
Free slack is the amount of time a specific activity can be __ Answer -
postponed without delaying the earliest start time of its immediately
succeeding activities.
Resource leveling, or "smoothing", is a method for Answer - Developing a
schedule that attempts to minimize the fluctuations in requirements for
resources.
Why are activities drawn in a serial relationship in a network diagram? Answer
- From a technical standpoint, the activities must be performed in that
sequence.
