Chapters: Risk Management Cost estimation and budgeting Project

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Chapters:






Risk Management
Cost estimation and budgeting
Project scheduling
Lagging, crashing and activity networks
Supply chain scheduling
Resource Management
Examples MCQ

The project manager meets with the project team to review lessons learned from previous
projects. In what activity is the team involved?
A.
B.
C.
D.

Performance management
Scope identification
Risk identification
Project team status meeting
You are a project manager in Information Technology. Your project involves writing a
new software program for the sales team of your company. Your company has strict
policies regarding hardware. The project team requested new hardware for this project
that was outside the stated policy. The request was denied. As a result, your new program
must be compatible on the hardware specified in the policy. This is an example of which
of the following?
E.
F.
G.
H.
Risk
Constraint
Deliverable
Assumption

You’ve taken over a project that’s currently in trouble. You’ve held a meeting with
the key stakeholders to demonstrate the new product prototype. They came prepared
with the product requirements and upon inspection inform you that this prototype is
not what the customer specified. Your boss instructs you to get the prototype
corrected and make it match the requirements the customer specified before holding a
demo with the customer. She also warns you to take a look at the work of the project.
She’s concerned that things aren’t happening as planned and that the last project
manager was not paying close enough attention to the project plan. Corrections might
be needed. What knowledge area does this describe?
A.
B.
C.
D.
Project Time Management
Project Scope Management
Project Integration Management
Project Risk Management

You have just taken over the project management duties for a large, complex project
from a project manager who is retiring. The first thing you do is review the project
charter, then the scope statement, followed by the work breakdown structure (WBS).
The work package level of the WBS appears to be deliverables. You need to
understand what the work at this level entails for each work package and which
department or vendor has been assigned to each work package. Which of the
following places will you look to determine this information?
A.
B.
C.
D.
The procurement management plan
The scope statement
The WBS dictionary
The project charter

What should be done by the project manager to ensure that all work in the project is
included?
Choices:
A. Create a contingency plan
B. Create a risk management plan
C. Create a WBS
D. Create a scope statement

What kind of a relationship is implied when completion of a successor is dependent
on initiation of its predecessor?
Choices:
A. FS
B. FF
C. SS
D. SF

What should a project manager do or follow to ensure clear boundaries for project
completion?
Choices:
A. Scope verification
B. Complete a scope statement
C. Scope definition
D. Risk management plan
Problem 1: Let’s try hanging a picture on the wall. What should you do to complete this miniproject successfully? First, we need to define and list all the tasks that have to be done, so that
the whole project is completed.





Choose a place on the wall
Buy the screws
Choose the picture
Drill a hole
Screw in the screws

Hang the picture
Problem 2 :
Activity
Resource
Duration
Predecessors
A
6
4
B
2
1
A
C
2
3
A
D
7
4
A
E
3
2
D,C
F
6
1
E
G
3
3
F,B
H
1
4
G
1. Create a project activity network diagram
2. Develop resource loading table
3. Determine activity late finish dates
4. Identify resource over allocation
5. Level the resource loading table
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