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How do you quantitatively analysis the quality of a project
during development?
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Answer Posted / v. murali krishna
There are many tools and techniques to determine the
quality of a project during development
SOme of them are
Benchmarking- Compare the project deliverables with a
prvious similar activities
Statitical Sampling: identify a set of of samples of
deliverables or activities and inspect them to check
whether they are within the acceptable variances.
Control charts, Nominal Group techniqes, Pareto technique,
fish bone analysis etc.
All these would provide Quality metrics which would help in
analysising the quality of the project.
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The purpose of the Initiation process is to: A. Formally recognize the existence of a project or project phase B. Formally recognize the need that brought about the project be it marketing demand, customer requests, business need, technological advances, or legal requirements C. Formally recognize the stakeholders of the project and identify them in the project charter D. Formally recognize the project sponsor and document his or her project goals
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 A. Reduce the technical requirements so that the error is no longer valid.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.
Your project progressed as planned up until yesterday. Suddenly, an unexpected risk event occurred. You quickly devised a response to deal with this negative risk event using which of the following tools and techniques of Risk Monitoring and Control? A. Risk management plan updates B. Workarounds C. Corrective action D. Additional risk identification
As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following: A. Documenting the requirements B. Documenting the performance measurements C. Reporting changes and updating the project plan and other project documents where appropriate D. Reporting project status timely and regularly
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information: Project Kansas City: The payback period is 27 months, and the IRR is 35 percent. Project Spokane: The payback period is 25 months, and the IRR is 32 percent. Which project should you recommend to the selection committee? A. Project Spokane because the payback period is shortest B. Project Kansas City because the IRR is highest C. Project Spokane because the IRR is lowest D. Project Kansas City because the payback period is longest ?
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.
Which of the following are tools and techniques of the Initiation process? A. Project selection methods and expert judgment B. Project selection criteria and expert judgment C. Constraints and assumptions and expert judgment D. Expert judgment and project charter
What are the Initiation process outputs? A. Project charter, historical information, and project manager identification and assignment B. Project charter, project manager identification and assignment, constraints, and assumptions C. Project charter, historical information, constraints, and assumptions D. Project charter, constraints, and assumptions
How does a project manager can avoid the above given ten points for the success of project.
All of the following are tools and techniques of the Schedule Development process except? A. CPM B. RAM C. GERT D. PERT
The tools and techniques of Source Selection include all of the following except: A. Contract negotiation B. Work authorization system C. Weighting systems D. Independent estimates
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
How do you ensure that your project is always on track?
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 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.
