HCM 403 Exam Questions With Complete Solutions
A change control policy is important
- no project is ever completed exactly as it was initially planned
- project personnel may change
- financial resources may change
- someone needs to be assigned the accountability. Correct
Answers no project is ever completed exactly as it was initially
planned
A diamond is used in process map...
- to indicate a valuable step in the process.
- to show those points in the process where alternative paths can
be followed.
- to show delays.
- to show transports. Correct Answers to show those points in
the process where alternative paths
A direct numerical measure that represents a piece of business
data in relationship with one or more dimensions is called what?
- Key performance indicator
- Metric
- Grain
- Scorecard Correct Answers Metric
A project has been chartered, and it now needs to done more
quickly but at the same performance level. What effect will this
have?
- More personnel will need to be added
,- The cost will increase
- The cost will decrease
- The duration of tasks on the critical path can be held constant.
Correct Answers The cost will increase
A RASIC diagram is used to.
- identify the role and responsibility of each team member for
each task
- estimate the time for each team member's work on each task
- estimate the total cost of a project.
- find the critical path Correct Answers identify the role and
responsibility of each team member for each task
Agile project management should be used when...
- it is a small project
- the project involves software development
- the exact performance characteristics are unknown at the
beginning of the project
- the project team will have many different members Correct
Answers the exact performance characteristics are unknown at
the beginning of the project
An example of prescriptive analytics is a model used to
maximize operating room capacity.
- True
- False Correct Answers True
Approximately what portion of the US GDP will be consumed
by healthcare in 2025?
- 7 percent
, - 11 percent
- 15 percent
- 20 percent Correct Answers 20 percent
As Janice observes all the steps in her Medicare billing process,
she notes that only one staff member is doing coding reviews
and that individual is always behind. She decides to add a staff
member to also do coding reviews. What has Janice just done?
- Identified the bottleneck b. Identified the need for an employee
engagement survey
- Identified the need for an employee engagement survey
- Identified the bottleneck and subordinated everything else to
the constraint
- Identified and elevated the constraint Correct Answers
Identified and elevated the constraint
Crashing a project can be accomplished by...
- adding more staff to the project team
- sending frequent updates to the stakeholder group
- shortening the duration of tasks on the critical path
- eliminating tasks that have low value Correct Answers
shortening the duration of tasks on the critical path
Cross-functional (swim lane) process maps are used for which
of the following?
- Sorting each task on a scale of importance in achieving optimal
performance of the process
- Identifying the tasks that are accomplished by each individual
or department in a process
A change control policy is important
- no project is ever completed exactly as it was initially planned
- project personnel may change
- financial resources may change
- someone needs to be assigned the accountability. Correct
Answers no project is ever completed exactly as it was initially
planned
A diamond is used in process map...
- to indicate a valuable step in the process.
- to show those points in the process where alternative paths can
be followed.
- to show delays.
- to show transports. Correct Answers to show those points in
the process where alternative paths
A direct numerical measure that represents a piece of business
data in relationship with one or more dimensions is called what?
- Key performance indicator
- Metric
- Grain
- Scorecard Correct Answers Metric
A project has been chartered, and it now needs to done more
quickly but at the same performance level. What effect will this
have?
- More personnel will need to be added
,- The cost will increase
- The cost will decrease
- The duration of tasks on the critical path can be held constant.
Correct Answers The cost will increase
A RASIC diagram is used to.
- identify the role and responsibility of each team member for
each task
- estimate the time for each team member's work on each task
- estimate the total cost of a project.
- find the critical path Correct Answers identify the role and
responsibility of each team member for each task
Agile project management should be used when...
- it is a small project
- the project involves software development
- the exact performance characteristics are unknown at the
beginning of the project
- the project team will have many different members Correct
Answers the exact performance characteristics are unknown at
the beginning of the project
An example of prescriptive analytics is a model used to
maximize operating room capacity.
- True
- False Correct Answers True
Approximately what portion of the US GDP will be consumed
by healthcare in 2025?
- 7 percent
, - 11 percent
- 15 percent
- 20 percent Correct Answers 20 percent
As Janice observes all the steps in her Medicare billing process,
she notes that only one staff member is doing coding reviews
and that individual is always behind. She decides to add a staff
member to also do coding reviews. What has Janice just done?
- Identified the bottleneck b. Identified the need for an employee
engagement survey
- Identified the need for an employee engagement survey
- Identified the bottleneck and subordinated everything else to
the constraint
- Identified and elevated the constraint Correct Answers
Identified and elevated the constraint
Crashing a project can be accomplished by...
- adding more staff to the project team
- sending frequent updates to the stakeholder group
- shortening the duration of tasks on the critical path
- eliminating tasks that have low value Correct Answers
shortening the duration of tasks on the critical path
Cross-functional (swim lane) process maps are used for which
of the following?
- Sorting each task on a scale of importance in achieving optimal
performance of the process
- Identifying the tasks that are accomplished by each individual
or department in a process
