Project Management Quiz 1

GSGM7334 Project Management Quiz 1 Quiz 1 – 5% Start: Week 3 Due Date/s: Week 3 Instruction This quiz consists of 60 Multiple Choice-Questions (MCQs). 1. Which of the following is NOT considered to be a characteristic of a project? A. An established objective B. A clear beginning and end C. Specific time, cost and performance requirements D. For internal use only E. Something never been done by a particular company before 2. Which of the following activities is NOT considered a project? A. Developing a new software program B. Designing a space station C. Preparing the site for the Olympic Games D. Production of automobile tires E. Developing a new advertising program 3. In the _____________ stage of What is a Project?, a major portion of the actual project work performed. A. Identifying B. Defining C. Planning D. Executing E. Closing 1 4. Which of the following is NOT typical of a project manager? A. Managing a temporary activity B. Overseeing existing operations C. Managing a nonrepetitive activity D. Responsible for time, cost and performance trade-offs E. Work with a group of outsiders, including vendors and suppliers 5. Which of the following statements is true? A. Project management is far from a standard way of doing business. B. Project management is increasingly contributing to achieving organizational strategies. C. Project management is being used at a consistent percentage of a firm's efforts. D. Project management is a specialty that few organizations have access to. E. All of these statements are false. 6. Project governance does NOT include A. Setting standards for project selection. B. Overseeing project management activities. C. Centralization of project processes and practices. D. Options for continuous improvement. E. Allowing project managers to plan the project the way they see fit. 7. Projects should align with the organization's overall strategy in order to A. Complete the project safely. B. Reduce waste of scarce resources. C. Ensure customer satisfaction. D. Secure funding. E. None of these are reasons why projects should align with the organization's overall strategy. 8. Which of these is NOT part of the "sociocultural dimension" of project management? A. Negotiation B. Resource allocation C. Managing customer expectations D. Leadership E. Dealing with politics 2 9. Governance of all project management processes and procedures helps provide senior management with all of the following EXCEPT A. A method to ensure projects that are important to senior management are being implemented. B. An assessment of the risk their portfolio of projects represents. C. An overview of all project management activities. D. A metric to measure the improvement of managing projects relative to others in the industry. E. A big picture of how organizational resources are being used. 10. Which of the following is NOT true about an organization's strategy? A. Strategy determines how an organization will compete. B. Strategy is implemented through projects. C. Only top management must understand strategy. D. Project selection should be clearly aligned with strategy. E. Project management plays a key role in supporting strategy. 11. Which of the following is NOT true about organizational politics? A. Project managers should not engage in organizational politics. B. Politics can have a significant influence on which projects receive funding. C. Politics exist in every organization. D. Politics can influence project selection. E. Politics can play a role in the aspirations behind projects. 12. Which of the following is NOT one of the requirements for successful implementation of strategies through projects? A. Allocation of resources B. Prioritizing of projects C. Motivation of project contributors D. Adequate planning and control systems E. Quality management 13. Projects are usually classified into all but one of the following categories. Which one is NOT one of the typical classifications? 3 A. Compliance and emergency B. Operational C. Strategic D. Political necessity E. All of these are typical classifications. 14. A project screening matrix typically contains all of the following EXCEPT A. The list of available projects. B. Specific criteria. C. Weights assigned to specific criteria. D. Costs to complete each project. E. All of these are typically contained. 15. Which of the following is true of multi weighted scoring models? A. Will include quantitative criteria B. Will include qualitative criteria C. Each criterion is assigned a weight. D. Projects with higher scores are considered more desirable. E. All of these are true. 16. When a prioritization team is balancing projects, they consider all factors except for A. risk. B. resource demand. C. leadership style. D. type of project. 17. Project managers should not engage in organizational politics. True False 18. Which of the following is NOT true of project management structures? 4 A. They provide a framework for launching and implementing projects. B. They appropriately balance the needs of both the parent organization and the project. C. In selecting a management structure, the culture of the organization is not a huge consideration. D. The project itself should be considered when determining which structure is best. E. They help determine who has most authority in regard to managing the project. 19. At the project level, which of the following is a factor that should influence the choice of project management structure? A. The size of the project B. The novelty of the project C. Budget and time constraints D. The strategic importance of the project E. All of these are factors that should influence the choice of project management structure. 20. Which are the three different matrix systems discussed in the text? A. Functional, Weak, Strong B. Balanced, Functional, Projectized C. Weak, Strong, Balanced D. Neutral, Weak, Strong E. Functional, Neutral, Projectized 21. Which of the following is NOT true regarding organizing projects within a matrix arrangement? A. Its flexibility supports a strong project focus that helps alleviate stress among project team members. B. It is designed to optimally utilize resources by having individuals work on multiple projects as well as being capable of performing normal functional duties. C. There are usually two chains of command. D. Provides a dual focus between functional/technical expertise and project requirements that are missing in either the project team or the functional approach. E. It is a hybrid form of organization that combines characteristics of both dedicated project teams and functional organization. 5 22. How is project scope defined? A. The length of your project and how much it will cost B. The deliverables or outputs during the course of the project C. The range of resources you have available and their capabilities D. What you expect to deliver to your customer when the project is complete E. The range of customer expectations 23. Jose is looking at a document that outlines the specific deliverables and subdeliverables required to complete the writing of a technical support manual. He is most likely viewing the A. Responsibility matrix. B. Organization breakdown structure. C. Work breakdown structure. D. Priority matrix. E. Work package. 24. Linda has just been assigned manager of a project to develop a new advertising campaign for an established product. Her first step should be to A. Establish project priorities. B. Define the project scope. C. Verify the budget available. D. Assign team members to work on the project. E. Determine the required completion date. 25. Which of the following is NOT true regarding scope creep? A. It is when the cost of the project is more than expected. B. It is the tendency for the project scope to expand over time. C. It most likely caused by a scope statement that is too broad. D. It can have both positive and negative impacts on a project. E. It can lead to added costs and possible project delays. 26. In reviewing the project plan, Susan sees that the first prototype must be completed by October 12. This would be best classified as a 6 A. Project target. B. Limit item. C. Milestone. D. Project objective. E. Critical goal. 27. Which of the following is NOT one of the items that would appear on a project scope statement or checklist? A. Deliverables B. Technical requirements C. Objectives D. Work breakdown structure E. Reviews with customer 28. Scott has just been given a project that has a specific completion date. After a discussion with top management he finds that while the date is important the cost is more important and a slip in delivery would be acceptable if required to meet the cost targets. The completion date is best classified as A. Constrained. B. Reduced. C. Accepted. D. Limited. E. Optional. 29. The lowest element in the hierarchical breakdown of the WBS is A. A deliverable. B. A work package. C. A cost account. D. A lowest sub-deliverable. E. An object. 30. All of the following are ways the WBS helps in managing projects EXCEPT 7 A. With cost and time estimates the WBS makes it possible to plan, schedule and budget the project. B. It provides management with information appropriate to each level. C. Can be used to define communication channels. D. Allows the project manager to establish the overall objective of the project. E. As it is developed, organizational units and individuals can be assigned responsibility of work packages. 31. All of the following are usually included in a work package EXCEPT A. Work to be done. B. The time needed to complete the work. C. A single person who is responsible for its completion. D. All the costs for the work package. E. All of these are included in a work package. 32. There are 5 steps involved when defining a project; which of the following is the last? A. Code the WBS for tracking B. Assign the cost account to a manager C. Assign the work package to a manager D. Develop the responsibility matrix E. All of these are included in the final step. 33. Which of the following describes the consensus method? A. Should be used only for projects that require the same task, group of tasks, or product to be repeated several times B. Uses several people with relevant experience regarding the task at hand to make time and cost estimates C. Uses pooled experience of senior and/or middle managers to estimate the total project duration and cost D. Uses the number of square feet to estimate the total cost and time of the project E. Uses weighted macro variables or major parameters such as the number of inputs or outputs to estimate the total cost and time of the project 34. When work packages are integrated with organizational units, a control point is created called a 8 A. Responsibility matrix. B. Priority matrix. C. Work package. D. Cost account. E. Project overlap. 35. The WBS is best suited for projects that have a tangible outcome. Which of the following is used when the final outcome of the project is less tangible or is a product of a series of steps or phases? A. Responsibility matrix B. Organization breakdown structure C. A work breakdown structure is still effective for these types of projects. D. Priority matrix E. Process breakdown structure 36. The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and priorities-is called A. Scope erosion. B. Scope creep. C. Project bloat. D. Scope enhancement. E. Project add-ons. 37. Which of the following is a good example of a Process Breakdown Structure? A. New car prototype B. New software program C. New instruction manual D. New sports stadium E. New project management book 38. A communication plan is a key component for giving guidelines on how to track project A. Issues. B. Costs. C. Defects. D. Both costs and defects. 9 39. A Responsibility Matrix will clarify A. Tasks. B. Supports. C. Responsibilities. D. Both supports and responsibilities. 40. A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development project if A. Phase exit criteria is firmly established. B. There are appropriate predecessor relationships in place. C. Deliverables are tightly aligned to milestones. D. Risk planning is included early in the project. 41. A good starting point for developing time and cost estimates is A. Past experience. B. Work packages. C. Task analysis. D. Time and motion studies. E. Work breakdown structure. 42. Which of the following is NOT one of the factors that need to be considered to improve quality of estimates for project times and costs? A. Planning horizon B. People C. Padding estimates D. Profit E. Project structure 43. Which of the following is a good condition for bottom-up estimating? A. When the project involves strategic decision making B. When the project is internal and small C. When there is a fixed price contract D. When there is high uncertainty involved in the project E. When there is an unstable scope 44. Which of the following does NOT help describe a bottom-up estimating approach? 10 A. They are made by someone who uses experience and/or information from someone else to determine overall project cost and duration. B. They establish low-cost, efÏcient methods for completing activities. C. They typically comes from the people actually doing the work and who are most knowledgeable about the task at hand. D. Estimates are made at the work package level and then "rolled up" to determine estimates for major deliverables and for the project itself. E. They can take place after the project has been planned in detail. 45. Sean is forecasting the time and cost of developing a customized software program by looking at the number of inputs, outputs, inquiries, files, and interfaces. Which of the following methods is he using? A. Ratio B. Template C. Apportion D. Function point E. Learning curve 46. Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intranets for customers during the last two years. Although the proposed system is about the same size as the others, she estimates that it will take about 10 percent less time and money. Which of the following methods is she using? A. Ratio B. Template C. Apportion D. Function point E. Learning curve 47. Learning curves are more likely to be applied in situations where most of the costs are A. Materials. B. Labor. C. Overhead. D. Evenly spread over materials, labor, and overhead. E. Labor and materials. 48. Which of the following is NOT one of the bottom-up approaches to estimating project time and cost? 11 A. Parametric procedures applied to specific tasks B. Estimates for the WBS work packages C. Learning curve D. Template method E. Range estimates 49. Which of the following would be the best method for projects where the final product is not known and the uncertainty is very large? A. Function point B. Template C. Learning curve D. Phase estimating E. Apportion 50. Which of the following is NOT true in regard to the level of detail estimates should contain? A. It will vary with the complexity of the project. B. Detailed estimates are crucial to project success; therefore, an effort should be made to make estimates as detailed as possible for all projects. C. The more detailed the estimate is the more the estimate will cost to create. D. Inadequate detail might lead to estimates that fall short of their intended purpose. E. Excessive detail means unproductive paperwork and unnecessary expenditures. 51. The salary of the project manager would be an example of what type of cost found in a project? A. Labor B. Direct C. Direct project overhead D. General and administrative overhead E. Salary 52. Accounting would be an example of which of the following costs typically found in a project? A. Labor B. Direct C. Direct project overhead D. General and administrative overhead 12 E. Salary 53. Which of the following is NOT one of the recommended guidelines for developing useful work package estimates? A. Estimates should be made by those responsible for the work. B. Use several people to estimate the same work. C. Estimates should be based on normal conditions. D. Estimates should include a normal level of contingency. E. Estimates should be independent of other projects. 54. Refining estimates may be necessary for a number of reasons. For example, resource shortages, in the form of people, equipment, or materials, can extend original estimates. This is a good example of A. Hidden interaction costs. B. Things going wrong on a project. C. Normal conditions not applying. D. Changes in project scope. E. The customer not being clear about their expectations. 55. Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of A. Hidden interaction costs. B. Things going wrong on a project. C. Normal conditions not applying. D. Changes in project scope. E. The customer not being clear about their expectations. 56. When translated into a project network, a work package will become A. A single activity. B. One or more activities. C. A milestone. D. A critical path. E. An arrow. 13 57. Which of the following is provided by both the project network and the work breakdown structure? A. Dependencies B. Sequencing C. Interrelationships D. Activity duration E. Timing 58. Which of the following can be used without coordinating with managers of succeeding activities? A. Total slack B. Free slack C. Critical float D. Float pad E. Slip pad 59. The forward pass in project network calculations determines all of the following EXCEPT A. Earliest time an activity can begin. B. Earliest time an activity can finish. C. Duration of the project. D. The critical path. E. How soon the project can finish. 60. Which of the following correctly calculates... Which of the following correctly calculates the early finish for an activity? A. LS + DUR B. ES + DUR C. LF + DUR D. ES + SL E. LF + SL Which of the following will correctly calculate the 14 total slack in an activity? A) LS - ES B) LF - EF C) LS LF D) LF - ES E) Either LS ES or LF – E *End of the page* 15