what is the use of computer in project management system ?
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project management can be done using ms project schedules
perfectly. and other project management related
documentation can be done using the computer.
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Which of the following is true regarding IRR? A. IRR assumes reinvestment at the cost of capital. B. IRR is the discount rate when NPV is greater than zero. C. IRR is a constrained optimization method. D. IRR is the discount rate when NPV is equal to zero. ?
A project is considered successful when: A. The product of the project has been manufactured. B. The project sponsor announces the completion of the project. C. The product of the project is turned over to the operations area to handle the ongoing aspects of the project. D. The project meets or exceeds the expectations of the stakeholders.
what are function points ,how do you estimate task based on function points?
How do you quantitatively analysis the quality of a project during development?
You've constructed the WBS for your recent project. Level two assignments have been made, and you've requested that the sub project manager’s report back to you in 3 weeks with each of their individual WBS constructed. All of the following are true except: A. The work package level facilitates resource assignments. B. The work package level is the lowest level in the WBS. C. The work package level defines the agreed-upon deliverables. D. The work package level facilitates cost and time estimates. ?
You are the project manager for a web development project. You hold regular project status meetings and publish status reports on a timely basis. You know that communication is one of your most important functions. As such, all of the following are true except: A. Senders are responsible for sending clear, concise, complete messages. B. Receivers are responsible for understanding the message. C. Communication can be vertical or horizontal or both. D. Effective communication techniques include making eye contact, nodding, and asking clarifying questions.
You have been asked to submit a proposal for a project that has been put out for bid. Prior to submitting the proposal, your company must register so that their firm is on the qualified seller list. Which of the following is true? A. The qualified seller list provides information about the sellers and is a tool and technique of the Solicitation process. B. The qualified seller list provides information about the project and the company that wrote the RFP and is an input to the Solicitation process. C. The qualified seller list provides information about the project and the company that wrote the RFP and is a tool and technique of the Source Selection process. D. The qualified seller list provides information about the sellers and is an input to the Solicitation process.
You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements, because the poles are not buried to the correct depth. Which of the following is true? A. You are in the Quality Assurance process and have performed a quality audit to assure correctness of work. B. You are in the Scope Verification process and have performed a quality audit to assure correctness of work. C. You are in the Contract Administration process and have completed a contract audit to assure the subcontractor's performance meets the contract requirements. D. You are in the Performance Reporting process and have completed a performance review of the contractor's work.
You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the scope statement and scope management plan for this project. In your interviews with some key stakeholders, you conclude which of the following? A. They understand that the scope statement assesses the Stability of the project scope and outlines how to incorporate scope changes into the project. B. They understand that the scope management plan assesses the stability of the project scope and outlines how to incorporate scope changes into the project. C. They understand that the scope management plan is deliverables oriented and cost estimates can be easily derived it. D. They understand that the scope statement is deliverables oriented and cost estimates can be easily derived from it.
You are a project manager for Safari Outfitters. Your company is going to offer a new product line in the upcoming spring catalog. Your project team has 10 months to secure contracts with suppliers, finalize the designs, get the product into the catalog, and stock the warehouse. This is an example of: A. An assumption because the project team has worked on projects like this before and know they can meet the 10-month deadline B. An assumption because the project team has a limited amount of time to complete the project C. A constraint because the project team has a limited amount of time to complete the project D. A constraint because the project team is working with a new product line that hasn't been developed before
You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following is true? A. You have completed the Cost Estimating process and now need to complete the Cost Budgeting process to determine the project's baseline. B. You have completed the Project Plan Development process and established a project baseline to measure future project performance against. C. You have completed the Cost Estimating process and now need to complete the Project Plan Development process to establish a project baseline to measure future project performance against. D. You have completed the Cost Budgeting process, and the cost baseline will be used to measure future project performance.
you are the project manager of a project , customer is asking for a change in scope and agrees that it will be a CR. But you do not want to take the CR for whatever reason. How will you convince the customer in doing so
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