MGMT 404 Week 5 Quiz - Chapters 8, 9, and 10

  • MGMT 404 Week 5 Quiz - Chapters 8, 9, and 10
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Institution MGMT 404 Project Management
Contributor Stella A Gbeji
  1. Question: Consider the programmers resource histogram presented in Figure 8-3. If only six programmers are available to support this project, which of the following conclusions is valid?
  2. Question: Consider the programmers resource histogram presented in Figure 8-3. How many programmers are required during the fifth week of this project?
  3. Question: Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded.
  4. Question: Even when a project team does not identify individual activities, it will still need to determine how many resources and what knowledge and skill each needs to complete the project.
  5. Question: The components (principles) of Critical Chain Project Management include which of the following?
  6. Question: Which estimating technique decomposes the work into lower, more detailed pieces, preferably the lowest level of WBS work elements, for which estimates are prepared and then aggregates them into a total quantity for the project?
  7. Question: Most projects will employ bottom-up estimating at some point to serve as a basis for estimating cash flow needs and for controlling the project.
  8. Question: The is the approved budget, usually in a time distribution format, that is used to estimate, monitor, and control the overall cost performance of the project.
  9. Question: Fixed costs remain the same regardless of the size or volume of work, while variable costs vary directly with volume of use.
  10. Question: Vendor bid analysis is used to determine whether the price being asked by the vendors appears to be reasonable.
  11. Question: Which of these is NOT one of the items that can provide useful assistance to a project team to define the activities of a project?
  12. Question: To use the enumeration method of determining the critical path, we list or enumerate all of the paths through the network.
  13. Question: A mandatory dependency is a logical relationship between activities that must happen - usually due to a physical or legal demand.
  14. Question: The first process in developing a project schedule is to identify all the resources available to work on the project.
  15. Question: The schedule activity that determines when the logical successor activity can begin or end is called the :

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  1. Question: As the project manager identifies potential resources to work on the project, it is helpful to consider their professional disciplines, skill levels and their physical location.
  2. Question: Project managers often confront the challenge of reducing excessive time commitments and overloads among project resources. All of the following methods can be used to reduce work overloads EXCEPT:
  3. Question: Consider the software programmer loading chart presented in Figure 8-2. Which of the following statements most accurately describes the loading of the software programmer?
  4. Question: An example of fast tracking a project schedule would be to overlap the design and production phases for a design-to-production project, where the conventional approach would be to move on to construction only after completing the design phase.
  5. Question: When determining resource availability, project managers need only consider full-time, internal resources.
  6. Question: Costs that repeat as project work continues such as the cost of writing code or laying bricks are appropriately classified as:
  7. Question: Early in a project when very little detail is known about a project, it is impractical to render even a rough estimate of the final project cost.
  8. Question: The component of the project management plan that describes how project costs will be planned, structured and controlled is called the project financial plan.
  9. Question: Activity based costing allocates overhead (indirect costs) to fixed costs based upon four different types of drivers. Which of the following is one of the cost drivers that serves as a basis of cost allocation?
  10. Question: Estimate Cost is the process of developing an approximation of the monetary resources needed to complete project activities.
  11. Question: Which of the following remedies may reduce the likelihood of omissions when developing activity duration estimates?
  12. Question: During which of the following Project Schedule Management processes does the team estimate the number of work periods that will be required to complete a schedule activity, usually expressed as workdays or workweeks?
  13. Question: A mandatory dependency is a logical relationship between activities that must happen - usually due to a physical or legal demand.
  14. Question: Faced with significant schedule challenges, the project manager has an ethical responsibility to do all of the following EXCEPT:
  15. Question: Even small delays on "near-critical" activities can change the critical path of a project.

 

 

Instituition / Term
Term Submitted 2022
Institution MGMT 404 Project Management
Contributor Stella A Gbeji
 

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