Anthony Schulmeister
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Contains all questions and answers from the previous chapter exams (CH 11-13)

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Anthony Schulmeister
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Project Management Final CH 11-13

Frage 1 von 60

1

Control is focused on three elements of a project. They are

Wähle eine der folgenden:

  • scope, quality, and customer satisfaction

  • performance, delivery, and cost

  • scope, cost, and time

  • cost, time, and customer satisfaction

Erklärung

Frage 2 von 60

1

Which of the following is the key feature of cybernetic control systems?

Wähle eine der folgenden:

  • Manual operations

  • Directional controls

  • Automatic operation

  • Specific preconditions

Erklärung

Frage 3 von 60

1

Most control systems used in project management today fall into this category of control system.

Wähle eine der folgenden:

  • cybernetic control

  • robotic control

  • go/no-go control

  • postcontrol

Erklärung

Frage 4 von 60

1

Because project milestones may not occur at periodic intervals, go/no-go controls should be linked to the ____________; not simply to the calendar.

Wähle eine der folgenden:

  • actual plans and to the occurrence of real events

  • corporate budgeting process

  • portfolio management review process

  • capital budgeting process

Erklärung

Frage 5 von 60

1

The critical ratio control chart uses a ratio made up of two parts -- the ratio of actual
progress to scheduled progress, and the

Wähle eine der folgenden:

  • ratio of earned value to planned cost

  • ratio of budgeted cost to actual cost

  • ratio of actual cost to budgeted cost

  • ratio of planned cost to earned value

Erklärung

Frage 6 von 60

1

The two fundamental objectives of control are the regulation of results and the

Wähle eine der folgenden:

  • procurement of organizational assets

  • distribution of organizational assets

  • stewardship of organizational assets

  • refurbishing of organizational assets

Erklärung

Frage 7 von 60

1

The __________ process controls the project at various points in the life cycle to make sure that the project remains on course. This is opposed to waiting until the project is completed and then finding out it doesn't meet the objectives of the organization

Wähle eine der folgenden:

  • portfolio

  • phased-step

  • phased-gate

  • overarching

Erklärung

Frage 8 von 60

1

The ___________ controls take the form of testing to see if some specific precondition has been met.

Wähle eine der folgenden:

  • postcontrol

  • go/no-go

  • cybernetic

  • monitoring

Erklärung

Frage 9 von 60

1

______________ are directed towards improving chances for future projects to meet their goals.

Wähle eine der folgenden:

  • postcontrols

  • Go/no-go decisions

  • cybernetics

  • negative feedback loops

Erklärung

Frage 10 von 60

1

___________ controls are usually viewed as helpful rather than as a source of unwelcome pressure if the controlees perceive themselves as able to perform inside the prescribed limits.

Wähle eine der folgenden:

  • steering

  • negative feedback

  • postcontrols

  • cybernetic

Erklärung

Frage 11 von 60

1

Change control systems, in some industries, are part of a firm's

Wähle eine der folgenden:

  • configuration management system

  • internal IDC system

  • cybernetic system

  • early warning system

Erklärung

Frage 12 von 60

1

A majority of uncertainty has its source in systems that lie outside the project, in its

Wähle eine der folgenden:

  • environment

  • stakeholder area

  • sourcing model

  • control zone

Erklärung

Frage 13 von 60

1

The _____________ is calculated as (actual progress/scheduled progress) x (budgeted
cost/actual cost)

Wähle eine der folgenden:

  • critical ratio

  • highlighted ratio

  • cybernetic ratio

  • efficiency ratio

Erklärung

Frage 14 von 60

1

Scope creep can be caused by the

Wähle eine der folgenden:

  • customer

  • team members

  • audit team

  • customer and team members

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Frage 15 von 60

1

_______________ is a management approach that may be used to make comparisons to "best in class" practices across organizations

Wähle eine der folgenden:

  • processing

  • benchmarking

  • leveling

  • standardizing

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Frage 16 von 60

1

Thamhain (2013) found that ___________ was/were not only the most frequent risk class but also had the most impact on project performance.

Wähle eine der folgenden:

  • increasing stakeholder involvement

  • changing leadership

  • decreasing costs

  • changing project requirements

Erklärung

Frage 17 von 60

1

A(n) _______________ is a monitoring system that forewarns the project manager if trouble arises.

Wähle eine der folgenden:

  • configuration management system

  • internal IDC system

  • cybernetic system

  • early warning system

Erklärung

Frage 18 von 60

1

______________ are seen as much the same as a report card.

Wähle eine der folgenden:

  • postcontrols

  • WBSs

  • cybernetics

  • critical ratios

Erklärung

Frage 19 von 60

1

The cybernetic control system that acts to reduce deviations from standard is called a

Wähle eine der folgenden:

  • nonautomatic modification

  • critical ratio

  • positive feedback loop

  • negative feedback loop

Erklärung

Frage 20 von 60

1

20. For all but __________changes, a risk identification and analysis should be performed.

Wähle eine der folgenden:

  • minor

  • major

  • most

  • few

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Frage 21 von 60

1

The project audit covers

Wähle eine der folgenden:

  • only financial matters

  • everything except operating matters

  • only ethical and financial matters

  • any specified scope of importance to management

Erklärung

Frage 22 von 60

1

The dimension of project success includes the obvious factors of meeting the project's technical and operational specifications. It also includes factors relating to loyalty and repurchase.

Wähle eine der folgenden:

  • project efficiency

  • customer impact/satisfaction

  • business/direct success

  • future potential

Erklärung

Frage 23 von 60

1

The __________ dimension of project success includes factors relating to opening a new market, developing a new line of products or services. Alternatively, if an internal project, success factors include developing new technologies, skills, or competencies

Wähle eine der folgenden:

  • project efficiency

  • customer impact/satisfaction

  • business/direct success

  • future potential

Erklärung

Frage 24 von 60

1

Identification of the direct goals of a project requires

Wähle eine der folgenden:

  • a reading of the project structure

  • a reading of the project proposal

  • a reading of the budget

  • a reading of the WBS

Erklärung

Frage 25 von 60

1

Two of the most common limits on the depth of an investigation and level of detail presented in an audit report are

Wähle eine der folgenden:

  • the personality of the auditor and cooperation received

  • scope and objectives

  • word processing support and existing documentation

  • money and time

Erklärung

Frage 26 von 60

1

The accumulation, storage, and maintenance of auditable data are important cost elements. Such storage may be critically important in meeting the legal test of

Wähle eine der folgenden:

  • completeness

  • accuracy

  • due diligence

  • capacity

Erklärung

Frage 27 von 60

1

Audits done early in the project lifecycle are often focused on

Wähle eine der folgenden:

  • technical issues

  • management issues

  • financial issues

  • personnel issues

Erklärung

Frage 28 von 60

1

For audits made late in the project's life, ____________ are major matters of interest

Wähle eine der folgenden:

  • technical issues

  • management issues

  • financial issues

  • personnel issues

Erklärung

Frage 29 von 60

1

In the audit report, negative comments about individuals or groups associated with the project should be

Wähle eine der folgenden:

  • avoided

  • included

  • highlighted

  • disguised

Erklärung

Frage 30 von 60

1

An evaluation of the likely outcomes of a policy and their probability of occurrence, usually conducted to compare two or more scenarios or policies is known as

Wähle eine der folgenden:

  • technical evaluation

  • project evaluation

  • risk analysis

  • profit estimation

Erklärung

Frage 31 von 60

1

___________ is defined as a standard for performance, commonly established early on for later comparisons

Wähle eine der folgenden:

  • audit

  • baseline

  • evaluation

  • summary

Erklärung

Frage 32 von 60

1

____________tries to capture the essence of project successes and failures so that future projects can benefit from past experiences.

Wähle eine der folgenden:

  • auditing

  • postcontrols

  • baselining

  • ruling

Erklärung

Frage 33 von 60

1

The most immediate dimension of project success is the project's _____________ in meeting both budget and schedule

Wähle eine der folgenden:

  • timing

  • delay

  • totality

  • effectiveness

Erklärung

Frage 34 von 60

1

A typical detailed audit is conducted when _______________ is required

Wähle eine der folgenden:

  • a follow-up to the general audit

  • effectiveness

  • an ethical audit

  • full disclosure

Erklärung

Frage 35 von 60

1

The stated project objectives, including customer satisfaction, are part of the project's ________ goals

Wähle eine der folgenden:

  • indirect

  • ancilliary

  • secondary

  • direct

Erklärung

Frage 36 von 60

1

The ____________ section of an audit report contains a description of the project to provide a framework of understanding for the reader. Project objectives are clearly delineated.

Wähle eine der folgenden:

  • current status

  • future project status

  • introduction

  • risk management

Erklärung

Frage 37 von 60

1

In the current status section of an audit report, the subheading labeled ____________ will compare the work completed with the resources expended.

Wähle eine der folgenden:

  • scope

  • cost

  • schedule

  • quality

Erklärung

Frage 38 von 60

1

The _______________ section of the audit report contains the auditor's conclusions regarding progress together with recommendations for any changes in technical approach, schedule, or budget that should be made in the remaining tasks

Wähle eine der folgenden:

  • introduction

  • current project status

  • future project status

  • risk management

Erklärung

Frage 39 von 60

1

In the Future Project Status section of the audit report, no assumptions should be made about _________ that are still under investigation at the time of the audit.

Wähle eine der folgenden:

  • financial problems

  • ethical problems

  • efficiency problems

  • technical problems

Erklärung

Frage 40 von 60

1

Contact between the a/e team and the _______________ are not made without clearance from senior management

Wähle eine der folgenden:

  • CIO

  • ethics board

  • customer

  • project manager

Erklärung

Frage 41 von 60

1

The termination stage of the project rarely has much impact on

Wähle eine der folgenden:

  • residual attitudes of the client towards the project

  • technical success or failure of the project

  • residual attitudes of senior management towards the project

  • the preparedness of the project team for the project

Erklärung

Frage 42 von 60

1

When a decision is made to terminate a project by extinction, the most noticeable event is that

Wähle eine der folgenden:

  • all activity on the substance of the project ceases

  • all organizational activity related to the project ceases

  • all further expenditures related to the project are immediately blocked

  • all activity on the project ceases

Erklärung

Frage 43 von 60

1

In termination by addition, project assets are

Wähle eine der folgenden:

  • transferred from a dying project to a new division

  • assumed to have been exhausted

  • liquidated

  • retained in the existing project

Erklärung

Frage 44 von 60

1

When an in-house project is a major success and it is terminated by institutionalizing it as a formal part of the parent organization; this is termination by

Wähle eine der folgenden:

  • addition

  • starvation

  • integration

  • extinction

Erklärung

Frage 45 von 60

1

According to research by Pinto, the two most important critical success factors are

Wähle eine der folgenden:

  • project mission and top-management support

  • trouble-shooting and communication

  • communication and personnel

  • project mission and communication

Erklärung

Frage 46 von 60

1

The fundamental purpose of the final project report is to

Wähle eine der folgenden:

  • devote more resources to the project

  • finish the work so that payment can be collected

  • improve future projects

  • document the errors in the project

Erklärung

Frage 47 von 60

1

A common mistake in project management is to appoint as project manager an individual with excellent ________ skills but weak ___________ skills.

Wähle eine der folgenden:

  • technical; managerial

  • managerial; technical

  • technical; social

  • social; managerial

Erklärung

Frage 48 von 60

1

Most studies have shown that the factors associated with project success or failure

Wähle eine der folgenden:

  • are similar across different industries and the various types of projects

  • are different across different industries and the various types of projects

  • are similar across different industries but different for the various types of projects

  • are different across different industries but similar for the various types of projects

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Frage 49 von 60

1

The project performance section of the final report

Wähle eine der folgenden:

  • analyzes the impact of organizational structure on the project

  • offers solutions to technical problems that may have occurred

  • reviews the administrative practices used during the project

  • compares what the project achieved with what it aimed for

Erklärung

Frage 50 von 60

1

The techniques of project management section of the final report

Wähle eine der folgenden:

  • analyzes the impact of organizational structure on the project

  • offers solutions to technical problems that may have occurred

  • reviews the administrative practices used during the project

  • scrutinizes the methods of planning, control, and risk management

Erklärung

Frage 51 von 60

1

The special case of termination by extinction wherein the project experiences a sudden demise even though it was lacking obvious signals that death was imminent is known as

Wähle eine der folgenden:

  • termination by integration

  • termination by addition

  • termination by murder

  • termination by starvation

Erklärung

Frage 52 von 60

1

Special ___________ managers are sometimes useful in completing the long and involved process of shutting down the project.

Wähle eine der folgenden:

  • close-out

  • starvation

  • shut-down

  • termination

Erklärung

Frage 53 von 60

1

The ___________ section of the final project report is a comparison of what the project achieved with what the project tried to achieve.

Wähle eine der folgenden:

  • project performance

  • administrative performance

  • organizational structure

  • personnel suggestions

Erklärung

Frage 54 von 60

1

Cutting a project's budget sufficiently to stop progress without actually killing the project is referred to as

Wähle eine der folgenden:

  • termination by addition

  • termination by extinction

  • termination by starvation

  • termination by subtraction

Erklärung

Frage 55 von 60

1

The primary criterion for project _____________ is whether or not the organization is willing to invest the estimated time and cost required to complete the project, given the project's current status and current expected outcome.

Wähle eine der folgenden:

  • continuance

  • termination

  • continuance or termination

  • extinction

Erklärung

Frage 56 von 60

1

Bringing the project into the organization as a separate, ongoing entity is called

Wähle eine der folgenden:

  • termination by starvation

  • termination by integration

  • termination by extinction

  • termination by addition

Erklärung

Frage 57 von 60

1

According to the text, a _________ cost is generally not relevant to current investment decisions. Rather, decision-makers should focus on the time and cost required to complete the project.

Wähle eine der folgenden:

  • high

  • fixed

  • sunk

  • variable

Erklärung

Frage 58 von 60

1

If a project is a major success and it is terminated, by institutionalizing it as a formal part of the parent organization, this is an example of termination by

Wähle eine der folgenden:

  • termination by integration

  • termination by addition

  • termination by murder

  • termination by starvation

Erklärung

Frage 59 von 60

1

Which of the following is not a common task for a termination manager?

Wähle eine der folgenden:

  • ensuring completion of the work

  • redistributing personnel materials, and equipment

  • communicating with all stakeholders why the project was terminated

  • overseeing the closing of the project's books

Erklärung

Frage 60 von 60

1

In termination by integration, project assets are

Wähle eine der folgenden:

  • liquidated

  • reassigned to another project

  • transferred from the dying project to the newly born division

  • distributed among the existing elements of the parent organization

Erklärung