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MGMT 404 Week 7 Quiz (Updated)

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MGMT 404 Week 7 Quiz (Updated)

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. (TCO 4) An example of resource leveling would be (Points : 5)

fast tracking a project to finish early.
crashing a project to meet a critical deadline.
ensuring resource usage is balanced.
removing work from a project to compress its schedule.

 

Question 2.2. (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your CPI is .78. What does this mean to you?(Points : 5)

The project is doing fine.  It will be completed on budget.
The project is slightly under budget. No corrections are needed.
The project is slightly over budget. Corrections are needed.
The project is very much over budget. Immediate corrections are needed.

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Question 3.3. (TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5)

Servers needed to complete an IT project
A consultant for a construction project
Cranes to support the making of a movie
Administrative services serving two projects

 

Question 4.4. (TCO 7) Which of the following is an example of a formal written form of communication? (Points : 5)

Meeting notes made at a meeting with the VP of the company
E-mails between an important client and yourself
Contracts with a client
A memo from the senior VP of the company

 

Question 5.5. (TCO 8) What document provides the project manager with information as to whom must be consulted and informed of the completion of a particular project activity?(Points : 5)

The WBS
The RACI
The OBS
The RBS

 

Question 6.6. (TCO 8) You are the project manager of a large, virtual financial project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5)

Establish a code of conduct for the project team.
Create a process to handle conflict.
Ensure all members of the team fully understand the project scope.
Hold face-to-face meetings whenever possible.

 

Question 7.7. (TCO 9) Agile project managers make use of iterations. What are iterations also known as in agile project management? (Points : 5)

Sprints
Stand-up meetings
Stories
Burn down charts

 

Question 8.8. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5)

Milestones prevent scope creep.
Milestones permit reevaluation of client needs.
Milestones allow for periodic reviews of the project.
Milestones can motivate the project team.

 

  1. (TCO 4) Compare and contrast top-down and three-point estimating techniques.(Points : 20)
  1. (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI.   Second, use the values to provide the status of each project. All values are in dollars.
  1. (TCOs 4 and 6) What is the overall process of resource leveling on a project?(Points : 20)
  1. (TCO 8) Compare and contrast Tuckman’s five stages in group formation to the punctuated equilibrium model of group formation.(Points : 20)
  1. (TCO 9) Most projects completed using traditional project management are done in a weak matrix organization. Most projects completed in an agile project management framework use a strong matrix or pure project environment. Why is this so?(Points : 20)
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