Pm 586 Final Exam (Latest) Assignment

1118 words - 5 pages

PM/586 Final Exam

1. In a strong matrix structure, employees take daily direction from:
• Project manager only
• Both, but the project manager has greater influence
• Both, but the functional manager has greater influence
• Functional manager only

2. If the schedule variance is positive and the cost variance is negative, the project’s status is:
• Over budget and behind schedule
• Under budget and ahead of schedule
• Over budget and ahead of schedule
• Under budget and behind schedule

3. Which category of projects would involve a large number of functional units where the workers may be assigned either part-time or full-time?
• Special
• Individual
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11. Which of the following people has the greatest influence on how much authority a project manager will possess on a given project?
• The project sponsor
• The customer
• The project manager’s line manager
• The project manager himself / herself

12. A project manager desires a work breakdown structure that goes through 6 levels of detail. Level 3 through level 6 would most likely be prepared by:
• Customer
• Subject matter experts
• Project manager
• Project sponsor

13. In which project life cycle phase does quality begin?
• Initiation / planning
• Monitoring & control
• Closure
• Implementation

14. Project management restructuring allowed companies to manage projects that _____.
• Had undefined objectives
• Could not be handled by the traditional organization
• Did not require effective cost control
• Require little functional integration

15. Risk constitutes a lack of knowledge _____.
• Of future events
• About the estimates
• About the customer’s requirements
• About the environment
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16. The two primary components of a risk are:
• The probability and the impact
• The impact and the event
• The impact and the amount at stake
• The event and the probability

17. Which of the following standard project estimating techniques is usually accomplished in weeks?
• Engineering
• Parametric
• Analogy
• Grassroots

18. The hardest part in creating a best practices library is:
• Storage
• Classification
• Evaluation
• Knowledge transfer

19. A typical project office (not to be confused with a project management office) responsible for the management of a large project includes the project manager and the:
• Project sponsor and assistant project managers
• Assistant project managers
• Assistant project managers and functional managers
• Project sponsor

20. Industries that have _____ tasks and operate in a _____ environment demonstrated the greatest need for project management.
• Complex; Dynamic
• Simple; Static
• Complex; Static
• Simple; Dynamic
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21. Pricing out the construction cost of a home by a cost per square foot would be representative of a(n) _____ estimate.
• Grassroots
• Parametric
• Engineering
•...

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