All of the following are true regarding the project plan except:
A. Some of its inputs are outputs from other Planning processes.
B. It's used to guide the project executing and controlling processes and is the baseline used to measure project performance.
C. It consists of one document that should be formally approved and signed by stakeholders.
D. It contains things like the WBS, project schedule, and resource assignments.
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You are a project manager for a manufacturing firm that produces Civil War-era replicas and memorabilia. You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem? A. Reduce the technical requirements so that the error is no longer valid. B. Go forward with production and ignore the error. C. Go forward with production but inform the customer of the problem. D. Develop alternative solutions to address the error.
What are decision models? A. Project selection criteria B. Project selection methods C. Project selection committees D. Project resource and budget selection criteria
You are the project manager for Insomniacs International. Since you don't sleep much, you get a lot of project work done. You're considering recommending a project that costs $575,000, and expected inflows are $25,000 per quarter for the first 2 years, and then $75,000 per quarter thereafter. What is the payback period? A. 40 months B. 38 months C. 39 months D. 41 months
What are the framework activities and umbrella activities?
All of the following are characteristics of the project Closing processes except: A. Probability for success is greatest here. B. The project manager's influence is greatest here. C. The stakeholders' influence is least here. D. Risk is greatest here.
All of the following are true about decomposition except: A. It's an output of the Scope Definition process. B. It's a tool and technique of the Scope Definition process. C. It is used to create a WBS. D. It subdivides the major deliverables into smaller components.
Mathematical models using linear, dynamic, integer, or algorithm models are considered: A. Project selection criteria B. A form of expert judgment C. Project selection methods D. A form of historical information
Your project is in the Scope Definition process. You've just completed the WBS. Which of the following is true? A. The WBS breaks the project deliverables down to a level where alternatives identification can be used to determine how level two assignments should be made. B. The WBS breaks the project deliverables down to a level where project constraints and assumptions can be easily identified. C. The WBS breaks the project deliverables down to the work package level where product analysis can be documented. D. The WBS breaks the project deliverables down to the work package level where cost and time estimates can be easily determined and quality control measurements can be determined.
You are a project manager for Capella Systems. Your company writes custom software for accounting and financial systems for medium- to large-sized corporations. Your recent project has experienced some setbacks, and you've been forced to rework the design of one of the programs because it doesn't match the customer's requirements. Since some parts of the program have already been written, it will have to be rewritten so that it matches the design changes. This rework has increased costs, and you're beginning to notice some signs of poor morale because of the rework. Which of the following is true? A. The problems occurred because the WBS was not constructed properly. B. The quality assurance plan was carried out correctly, which is how the design problems were discovered. C. The problems occurred as a result of poor scope definition. D. The Risk Management Planning process details these kinds of risks and the responses you should put into place should they occur.
What are the different project scheduling techniques?
Procurement audits review what? A. The procurement process from Procurement Planning through Contract Administration B. The contract administration process from Solicitation Planning through Contract Administration C. The procurement process from Procurement Planning through Contract Closeout D. The contract administration process from Solicitation Planning through Contract Closeout
How do you set goals for your team? And how do you track these goals?