MGMT 404 Week 5 Quiz - Chapters 8, 9, and 10

1. Question:ConsidertheprogrammersresourcehistogrampresentedinFigure8-3.Ifonlysixprogrammersareavailableto supportthis project,whichof the followingconclusionsisvalid? 2. Question:ConsidertheprogrammersresourcehistogrampresentedinFigure8-3.Howmanyprogrammersarerequiredduring the fifth weekofthisproject? 3. Question:CriticalChainProjectManagement(CCPM)attemptstokeepthemosthighlydemandedresourcebusyoncriticalchain activities,butnotoverloaded. 4. Question:Evenwhenaprojectteamdoes notidentifyindividualactivities,itwillstillneedtodeterminehowmanyresourcesandwhatknowledgeandskilleachneedstocompletetheproject. 5. Question:Thecomponents(principles)ofCriticalChainProjectManagementincludewhichofthefollowing? 6. Question:Whichestimatingtechniquedecomposestheworkintolower,moredetailedpieces,preferablythelowest level of WBS work elements, for which estimates are prepared and then aggregates themintoatotalquantityfortheproject? 7. Question:Mostprojectswillemploybottom-upestimatingatsomepointtoserveasabasisforestimatingcashflowneedsand forcontrolling theproject. 8. Question:The istheapprovedbudget,usuallyinatimedistributionformat,thatisusedtoestimate, monitor, andcontroltheoverallcostperformanceof the project. 9. Question:Fixedcostsremainthesameregardlessofthesizeorvolumeofwork,whilevariablecostsvarydirectlywith volumeofuse. 10. Question:Vendorbidanalysisisusedtodeterminewhetherthepricebeingaskedbythevendorsappearstobe reasonable. 11. Question:WhichoftheseisNOToneofthe itemsthatcanprovideusefulassistancetoaprojectteamtodefine theactivitiesofaproject? 12. Question:Tousetheenumerationmethodofdeterminingthecriticalpath,welistorenumerateallofthepathsthrough thenetwork. 13. Question:Amandatorydependencyis alogicalrelationshipbetweenactivitiesthatmusthappen-usuallydue to aphysicalorlegaldemand. 14. Question:Thefirstprocessindevelopingaprojectscheduleistoidentifyall theresourcesavailabletoworkontheproject. 15. Question:Thescheduleactivitythatdetermineswhenthelogicalsuccessoractivitycanbeginorendiscalledthe : --------------------------------------------------------------------------------------------------------- 1. Question:Astheprojectmanageridentifiespotentialresourcestoworkontheproject,itishelpfultoconsidertheir professionaldisciplines, skill levels andtheirphysical location. 2. Question:Project managers often confront the challenge of reducing excessive time commitments andoverloadsamongprojectresources.Allofthefollowingmethodscanbeusedtoreduceworkoverloads EXCEPT: 3. Question:ConsiderthesoftwareprogrammerloadingchartpresentedinFigure8-2.Whichofthefollowingstatementsmost accuratelydescribestheloading of the softwareprogrammer? 4. Question:An example of fast tracking a project schedule would be to overlap the design and productionphasesforadesign-to-productionproject,wheretheconventionalapproachwouldbetomoveontoconstruction only aftercompletingthedesignphase. 5. Question:Whendeterminingresourceavailability,projectmanagersneedonlyconsiderfull-time,internalresources. 6. Question:Coststhat repeatasprojectworkcontinuessuchasthecostofwritingcode or layingbricks areappropriatelyclassifiedas: 7. Question:Earlyinaprojectwhenverylittledetailisknownaboutaproject,itis impracticaltorender evenarough estimate ofthefinalprojectcost. 8. Question:Thecomponentoftheprojectmanagementplanthatdescribeshowprojectcostswillbeplanned,structuredand controllediscalledtheprojectfinancial plan. 9. Question:Activitybasedcostingallocatesoverhead(indirectcosts)tofixedcostsbaseduponfourdifferenttypes of drivers. Which of the following is one of the cost drivers that serves as a basis of costallocation? 10. Question:EstimateCostistheprocessof developinganapproximationofthemonetaryresourcesneededtocompleteprojectactivities. 11. Question:Whichofthefollowingremediesmayreducethe likelihoodofomissionswhendevelopingactivityduration estimates? 12. Question:DuringwhichofthefollowingProjectScheduleManagementprocessesdoestheteamestimatethe number of work periods that will be required to complete a schedule activity, usuallyexpressedasworkdaysorworkweeks? 13. Question:Amandatorydependencyis alogicalrelationshipbetweenactivitiesthatmusthappen-usuallydue to aphysicalorlegaldemand. 14. Question:Facedwithsignificantschedulechallenges,theprojectmanagerhasanethicalresponsibilitytodoall ofthe followingEXCEPT: 15. Question:Evensmalldelayson"near-critical"activitiescanchangethecriticalpathofaproject.