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.
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Which of the following is true regarding the critical path? A. It should never be compressed. B. It allows for looping and branching. C. The critical path technique is the same as PERT. D. It's the duration of all tasks with zero float.
The lowest level of the WBS is called what? A. Code of accounts B. Requirement C. Milestone D. Work package
All of the following are benefits of meeting quality requirements except: A. An increase in stakeholder satisfaction B. Less rework C. Low turnover D. Higher productivity
You are a project manager for Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000 with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months. Which project should you recommend? A. Project Fish'n for Chips because its payback period is two months shorter than Project Picnic’s B. Project Fish'n for Chips because the costs on Project Picnic are unknown C. Project Picnic because Project Fish'n for Chips' payback period is four months longer than Project Picnic’s D. Project Picnic because Project Fish'n for Chips' payback period is two months longer than Project Picnic's
Which of the following is displayed as an S-curve? A. Gantt B. Cost baseline C. Critical path D. PERT
product development vs IT services
This process applies evaluation criteria to the bids and proposals received from potential vendors: A. Solicitation B. Contract Administration C. Source Selection D. Quality Assurance
What are the different kinds of project management tools you worked with?
Brainstorming and the Delphi technique are two types of information-gathering techniques found in which process? A. Risk Management Planning B. Risk Response Control C. Risk Identification D. Quantitative Risk Analysis
what kind of questions can be asked from SDLC for a project leader role?
You are a project manager for Penguin Software. Your company creates custom software programs for hospitals and large dental offices. You have just completed a project and are gathering the documentation of the product of the project. This might include all of the following except: A. Technical specifications B. Electronic files C. Programming plans D. Performance measurements
All of the following are tools and techniques of the Schedule Development process except? A. CPM B. RAM C. GERT D. PERT