Your company manufactures small kitchen appliances. They are introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. In order to determine the characteristics and features of the new product line, you will have to perform which of the following?
A. Fast tracking
B. Consulting with the stakeholders
C. Planning the project life cycle
D. Progressive elaboration
Project managers have the highest level of authority and the most power in which type of organizational structure? A. Projectized B. Strong matrix C. Functional D. Balanced matrix
The primary function of the Closing process is to: A. Formalize lessons learned and distribute this information to project participants B. Perform audits to verify the project results against the project requirements C. Formalize project completion and disseminate this information to project participants D. Perform post-implementation audits to document project successes and failures
The project schedule is used to determine all of the following except: A. Cost estimates B. Activity start dates C. Float times D. Activity end dates
Which of the following is true? A. Discounted cash flow analysis is the least precise of the cash flow techniques as it does not consider the time value of money. B. NPV is the least precise of the cash flow analysis techniques as it assumes reinvestment at the discount rate. C. Payback period is the least precise of the cash flow analysis techniques as it does not consider the time value of money. D. IRR is the least precise of the cash flow analysis techniques because it assumes reinvestment at the cost of capital.
Describe size oriented metrics.
This tool and technique of Quality Control keeps errors from reaching the customer: A. Inspection B. Prevention C. Corrective action D. Performance measurement
Project managers use this conflict resolution technique most often: A. Smoothing B. Confronting C. Naming D. Forcing
All of the following describe the activity list except: A. It's an extension of the WBS. B. It includes all activities of the project. C. It describes the WBS updates. D. It includes a description of project activities.
You are a project manager for Cashiers Systems. Your company produces cashiering systems and software for the retail industry. Your customer has requested a change that will change the characteristics of the cashiering system. You've described the characteristics of the cashiering system using this tool and technique of the Integrated Change Control process: A. Product description B. Product analysis C. Decomposition D. Configuration management
You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process. You've published the scope statement and scope management plan. The document that describes who will receive copies of this information as well as future project information, how it should be distributed, and how the information should be stored and filed is which of the following? A. Scope management plan B. Communications management plan C. Information distribution plan D. Project charter
This measurement is the value of the work that's been completed to date: A. PV B. AC C. EV D. EAC
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. ?