Project Management - C722 (UNIT 5)
Questions with Correct Answers
What does PERT stand for - ANSWERSProject evaluation and review technique
What does CPM stand for? - ANSWERSCritical path method
What does CCPM stand for? - ANSWERSCritical chain project management
What is The Waterfall method? - ANSWERSa traditional practice which found its best
use in software and hardware development.
What does PRINCE2 stand for - ANSWERSProjects in controlled environments
____________________Developed in the 1950s for the U.S. Navy, this method uses
statistical analysis to estimate activity duration times
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSPERT (Project evaluation
and review technique)
Correct! PERT was developed in the 1950s for the U.S. Navy. This method uses
statistical analysis to estimate activity duration times.
______________Used previously in software development, this method organizes
project tasks into linear workflows
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSWaterfall Method
Correct! Waterfall was used previously in software development. This method organizes
project tasks into linear workflows.
___________________Developed for the Dupont Corporation to estimate activity time
durations, this method assumes time can be reliably estimated.
, PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSCPM (Critical path method)
Correct! CPM was developed for the Dupont Corporation to estimate activity time
duration and assumes time can be reliably estimated.
____________Focuses on managing the uncertainties of a project and builds buffers
into the schedule to prevent key activities from failing.
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSCCPM (Critical chain
project management )
Correct! Critical chain focuses on managing the uncertainties of a project and builds
buffers into the schedule to prevent key activities from failing.
_____________Focuses on the specification of outputs, including very specific
processes and terminology
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSPRINCE2 (Projects in
controlled environments)
Correct! PRINCE2 focuses on the specification of outputs, including very specific
processes and terminology
_______________is an official standard for project management, not a method -
ANSWERSPMBOK
Correct! PMBOK is an official standard for project management, not a method. Project
management methods include PERT, CPM, Critical Chain, Waterfall, Agile, and
PRINCE2.
What is a standard that identifies the best practices in project management?
Questions with Correct Answers
What does PERT stand for - ANSWERSProject evaluation and review technique
What does CPM stand for? - ANSWERSCritical path method
What does CCPM stand for? - ANSWERSCritical chain project management
What is The Waterfall method? - ANSWERSa traditional practice which found its best
use in software and hardware development.
What does PRINCE2 stand for - ANSWERSProjects in controlled environments
____________________Developed in the 1950s for the U.S. Navy, this method uses
statistical analysis to estimate activity duration times
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSPERT (Project evaluation
and review technique)
Correct! PERT was developed in the 1950s for the U.S. Navy. This method uses
statistical analysis to estimate activity duration times.
______________Used previously in software development, this method organizes
project tasks into linear workflows
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSWaterfall Method
Correct! Waterfall was used previously in software development. This method organizes
project tasks into linear workflows.
___________________Developed for the Dupont Corporation to estimate activity time
durations, this method assumes time can be reliably estimated.
, PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSCPM (Critical path method)
Correct! CPM was developed for the Dupont Corporation to estimate activity time
duration and assumes time can be reliably estimated.
____________Focuses on managing the uncertainties of a project and builds buffers
into the schedule to prevent key activities from failing.
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSCCPM (Critical chain
project management )
Correct! Critical chain focuses on managing the uncertainties of a project and builds
buffers into the schedule to prevent key activities from failing.
_____________Focuses on the specification of outputs, including very specific
processes and terminology
PERT (Project evaluation and review technique)
CPM (Critical path method)
CCPM (Critical chain project management )
Waterfall Method
PRINCE2 (Projects in controlled environments) - ANSWERSPRINCE2 (Projects in
controlled environments)
Correct! PRINCE2 focuses on the specification of outputs, including very specific
processes and terminology
_______________is an official standard for project management, not a method -
ANSWERSPMBOK
Correct! PMBOK is an official standard for project management, not a method. Project
management methods include PERT, CPM, Critical Chain, Waterfall, Agile, and
PRINCE2.
What is a standard that identifies the best practices in project management?
