MGMT404_WK7_QUIZ (ALL possible questions and Answers)
PART 1
Here are the possible QUESTION that you can have on the Week 7 Quiz, along with the Correct
Answers. There are 3 possibilites per question with 6 questions.
(TCO 4) An example of bottom up estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 4) An example of parametric estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 4) An example of bottom up estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 6) You are the project manager of a major IT project in Italy. You review your earned value
report and you see that your SPI is .68. What does this mean to you?
The project is doing fine. No corrective actions are needed.
The project is slightly ahead of schedule. No corrections are needed.
The project is slightly behind schedule. Corrections are needed.
The project is very much behind schedule. Immediate corrections are needed.
(TCO 6) You are the project manager of a major IT project in Italy. You review your earned
The project
value reportisand
doing
youfine.
seeItthat
should
yourbeSPI
completed 18 months
is 1.18. What ahead
does this of schedule.
mean to you?
The project is slightly ahead of schedule. No corrections are needed.
The project is slightly behind schedule. Corrections are needed.
The project is very much behind schedule. Immediate corrections are needed.
, (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value
report and you see that your CPI is .78. What does this mean to you?
The project is doing fine. It will be completed on budget.
The project is slightly under budget. No corrections are needed.
The project is slightly over budget. Corrections are needed.
The project is very much over budget. Immediate corrections are needed.
(TCO 4) Which of the below is an example of an indirect cost to a project?
Concrete needed to complete a parking
garage A consultant for an IT project
Boats for a river rescue
Janitorial services for an entire building
(TCO 4) Which of the below is an example of a fixed cost to a project?
Cost of mortgage on a building needed for the project
Cost of a day rental van needed for the project
Cost of labor to support the project
Cost of electricity needed to operate a machine needed for the project
(TCO 4) Which of the below is an example of an indirect cost to a project?
Servers needed to complete an IT
project A consultant for a construction
project Cranes to support the making of
a movie
Administrative services serving two projects
(TCO 7) Which of the following is an example of a formal written form of communication?
Meeting notes made at a meeting with the VP of the
company E-mails between an important client and yourself
Contracts with a client
A memo from the senior VP of the company
(TCO 7) Which of the following is an example of an informal verbal form of communication?
A major status meeting with project clients on the project’s progress
Presentations to senior management on the project status
Contracts with a client
A memo from the senior VP of the company
(TCO 7) Which of the following is an example of a formal verbal form of communication?
Meeting notes made at a meeting with the VP of the company
A presentation by the project team to senior management
Contracts with a client that have been reviewed by lawyers
A memo from the senior VP of the company
PART 1
Here are the possible QUESTION that you can have on the Week 7 Quiz, along with the Correct
Answers. There are 3 possibilites per question with 6 questions.
(TCO 4) An example of bottom up estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 4) An example of parametric estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 4) An example of bottom up estimating would be:
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same
server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
(TCO 6) You are the project manager of a major IT project in Italy. You review your earned value
report and you see that your SPI is .68. What does this mean to you?
The project is doing fine. No corrective actions are needed.
The project is slightly ahead of schedule. No corrections are needed.
The project is slightly behind schedule. Corrections are needed.
The project is very much behind schedule. Immediate corrections are needed.
(TCO 6) You are the project manager of a major IT project in Italy. You review your earned
The project
value reportisand
doing
youfine.
seeItthat
should
yourbeSPI
completed 18 months
is 1.18. What ahead
does this of schedule.
mean to you?
The project is slightly ahead of schedule. No corrections are needed.
The project is slightly behind schedule. Corrections are needed.
The project is very much behind schedule. Immediate corrections are needed.
, (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value
report and you see that your CPI is .78. What does this mean to you?
The project is doing fine. It will be completed on budget.
The project is slightly under budget. No corrections are needed.
The project is slightly over budget. Corrections are needed.
The project is very much over budget. Immediate corrections are needed.
(TCO 4) Which of the below is an example of an indirect cost to a project?
Concrete needed to complete a parking
garage A consultant for an IT project
Boats for a river rescue
Janitorial services for an entire building
(TCO 4) Which of the below is an example of a fixed cost to a project?
Cost of mortgage on a building needed for the project
Cost of a day rental van needed for the project
Cost of labor to support the project
Cost of electricity needed to operate a machine needed for the project
(TCO 4) Which of the below is an example of an indirect cost to a project?
Servers needed to complete an IT
project A consultant for a construction
project Cranes to support the making of
a movie
Administrative services serving two projects
(TCO 7) Which of the following is an example of a formal written form of communication?
Meeting notes made at a meeting with the VP of the
company E-mails between an important client and yourself
Contracts with a client
A memo from the senior VP of the company
(TCO 7) Which of the following is an example of an informal verbal form of communication?
A major status meeting with project clients on the project’s progress
Presentations to senior management on the project status
Contracts with a client
A memo from the senior VP of the company
(TCO 7) Which of the following is an example of a formal verbal form of communication?
Meeting notes made at a meeting with the VP of the company
A presentation by the project team to senior management
Contracts with a client that have been reviewed by lawyers
A memo from the senior VP of the company
