MGMT 404 Week 4 Midterm Exam

  • MGMT 404 Week 4 Midterm Exam
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Institution MGMT 404 Project Management
Contributor Joanne
  1. Question: (TCO 1) Which step of the project life cycle creates the project charter?
  2. Question: (TCO 1) Which document on a project authorizes the project manager to begin work on the project?

Week 1 Lecture

  1. Question: (TCO 2) Which step of the project life cycle defines all of the project deliverables?
  2. Question: (TCO 2) Which statement is an example of a project assumption?

Week 2 Lecture

  1. Question: (TCO 3) The critical path in a project describes which of the following?

Chapter 9

  1. Question: (TCO 3) What values are calculated on the forward pass of a project network?

Chapter 9

  1. Question: (TCO 5) In which process of risk management are proactive and reactive strategies considered?

Week 4 Lecture

  1. Question: (TCO 5) A risk matrix is used in to . A risk register is a .

Week 4 Lecture

  1. Question: (TCO 1) Compare and contrast the project charter and the project scope as used in project management.

Chapter 5 and Week 1 Lecture

  1. Question: (TCO 2) You are a project manager for a new hardware/software project. You just received the project charter and established your scope statement. Within the scope statement, you defined some of the key components to meet the overall project objective. Establishing requirements will be critical to define and get approved. The hardware will be new for your company, so you will need to ensure the vendor is selected and the hardware is appropriately installed into your environment. The supporting software will need to be designed and coded. It will also need to be installed and tested on the system. To ensure the users know how to use the new software, training will be needed for managers and the associates. You have assembled your team of experts and they are anxious to get started.
  2. Question: (TCO 3) Compare and contrast fast tracking and scope reduction as means of schedule compression.
  3. 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.

Part 1: List and discuss the major risk management functions from a project management perspective for the eCommerce project. (15 points)

Part 2: Describe a positive and negative risk event, the related consequences, and the risk response plans for the eCommerce project. (5 points)

Week 4 Lecture

  1. Question: (TCO 9) Compare and contrast how a scope is created in traditional project management versus one created in agile project management.

 

 

Instituition / Term
Term Uploaded 2022
Institution MGMT 404 Project Management
Contributor Joanne
 

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