what is a project management?
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Answer Posted / hardik
Project management is the discipline of planning,
organizing and managing resources to bring about the
successful completion of specific project goals and
objectives.
| Is This Answer Correct ? | 68 Yes | 6 No |
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You are developing your project schedule and have decided to use the PＥRT method to determine project duration. The estimates you've gathered so far include the following: Most likely is 200 hours, optimistic is 180 hours, and pessimistic is 220 hours. Which of the following is the correct PERT estimate? A. 190 B. 266 C. ２00 D. 210
You are refining the product description for your company's new line of ski boots. Which of the following is true? A. You are in the Initiation process of your project and know that the product description will contain more detail in this stage and that a decreasing amount of detail will be added to it as the project progresses. B. You are in the Planning process of your project and know that the product description will contain less detail in this stage and greater detail as the project progresses. C. You are in the Initiation process of your project and know that the product description should contain the most detail possible at this stage, as this is critical information for the Planning process D. You are in the Initiation process of your project and know that the product description will contain less detail in this stage and greater detail as the project progresses.
All of the following are true regarding configuration management except: A. Requires all acceptance decisions to be made through the CCB B. Serves as a change control system C. Describes the physical characteristics of the product of the project D. Controls changes to the characteristics of an item or system
You are going to lake some performance measurements for your current project. You know that PV = 450, AC = 500, and EV= 375. What is the CPI and SPI respectively? A. CPI = .90, and SPI = 1.2. B. CPI = .75, and SPI = .83. C. CPI = 1.2, and SPI = .90. D. CPI = .83, and SPI = .75.
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.
Your project sponsor has requested a cost estimate for the project. She would like the cost estimate to be as accurate as possible as this might be her one and only chance to secure the budget for this project due to recent cuts in special projects. You decide: A. To use analogous estimating techniques B. To use bottom-up estimating techniques C. To use top-down estimating techniques D. To use expert judgment techniques
Which performance measurement tells us what the projected total cost of the project will be at completion? A. ETC B. CPI C. SPI D. EAC
What is one of the advantages of a functional structure? A. All employees report to one manager and have a clear chain of command. B. All employees report to two or more managers, but project team members show loyalty to functional managers. C. The organization is focused on projects and project work. D. Teams are collocated.
Your project has recently experienced change. Some of the agreed-upon WBS elements have been changed as a result. What kind of change has occurred? A. Schedule change B. Risk response change C. Quality change D. Scope change
You are a project manager for Snow Fun, a chain of retail shops specializing in winter sports gear and clothing. You’ve been working on contract with Snow Fun and are ready to move on to your next assignment. The customer has signed off on the project, formal acceptance notices have been distributed, and project closure procedures have been performed. What type of project ending is this? A. Extinction B. Starvation C. Integration D. Addition
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 work for a large manufacturing plant. You're in the Initiation process of a new project for an overseas product release. This is the company's first experience in the overseas market, and they hope to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the U.S. product uses. A new machine is needed in order to mix the first set of ingredients in the concentrated formula. Which of the following actions should the project manager take? A. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend the project proceed. B. The project manager should document the project's goals and known deliverables in a high-level overview document and assume the project is a go. C. The project manager should document the project's goals and known deliverables in a high-level overview document and recommend a feasibility study be performed. D. The project manager should document the project's goals and known deliverables in a high-level overview document and deliver it to the stakeholders.
You are the project manager for a nonprofit organization. Your project has come about due to a social need. Your sponsor wants to get right to the Planning process. However, you know that a scope statement should be published prior to proceeding to the Planning processes. All of the following are true regarding scope statements except: A. It documents roles and responsibilities. B. It can be modified to reflect changes to the scope of the project. C. It describes the project deliverables, requirements, and objectives D. It serves as a baseline for future project decisions.
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.
Performance reporting tools and techniques include all of the following except: A. Earned value analysis B. Statistical sampling C. Variance analysis D. Performance reviews
