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Chapters 5-9 T/F

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Project Mngt Chapters 5-9 T/F
Mantu Majumder
Quiz by Mantu Majumder, updated more than 1 year ago More Less
damimgd2u
Created by damimgd2u over 8 years ago
Mantu Majumder
Copied by Mantu Majumder almost 7 years ago
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Question 1

Question
Scope management is the function controlling a project in terms of its goals and objectives during the execution phase.
Answer
  • T/F
  • Answer: FALSE

Question 2

Question
The statement of work is a detailed narrative description of the work required for a project.
Answer
  • T/F
  • Answer: TRUE

Question 3

Question
A comprehensive statement of work includes an estimate of time and costs, resource requirements, and the scope of the work to be performed.
Answer
  • T/F
  • Answer: TRUE

Question 4

Question
Until a project has gone through work breakdown structure, it is impossible to determine the relationships among the constituent activities.
Answer
  • T/F
  • Answer: TRUE

Question 5

Question
The scope baseline is a document that provides a summary description of each reporting relationship along with a schedule for meetings and reports.
Answer
  • T/F
  • Answer: FALSE

Question 6

Question
A work package may be composed of one or more subdeliverables.
Answer
  • T/F
  • Answer: FALSE

Question 7

Question
A work package may consist of more than one milestone.
Answer
  • T/F
  • Answer: TRUE

Question 8

Question
Work authorization functions as the formal "It's OK to begin work," on the project.
Answer
  • T/F
  • Answer: TRUE

Question 9

Question
The terms lump-sum contract and turnkey contract are interchangeable.
Answer
  • T/F
  • Answer: TRUE

Question 10

Question
A lump-sum contract requires the customer to pay for the full delivered price of the project before any work is done.
Answer
  • T/F
  • Answer: FALSE

Question 11

Question
Team building and conflict management skills are two of the most important people skills that project managers can cultivate.
Answer
  • T/F
  • Answer: TRUE

Question 12

Question
The first step in assembling a project team is to talk to potential team members.
Answer
  • T/F
  • Answer: FALSE

Question 13

Question
If preferred project team members are not available, the project manager should notify top management of the consequences.
Answer
  • T/F
  • Answer: TRUE

Question 14

Question
Project managers are best able to promote a sense of enthusiasm within the project team when they create an environment that is challenging, supportive, and personally rewarding.
Answer
  • T/F
  • Answer: TRUE

Question 15

Question
High turnover among project team members is a key element of success since new team members will bring fresh perspectives and ideas to the group.
Answer
  • T/F
  • Answer: FALSE

Question 16

Question
Project team productivity is at its peak during the norming phase of group development.
Answer
  • T/F
  • Answer: FALSE

Question 17

Question
The punctuated equilibrium model suggests that groups spend the majority of their time in stasis.
Answer
  • T/F
  • Answer: TRUE

Question 18

Question
Cross-functional cooperation directly influences both the actual implementation of the project and the team members' assessment that the project experience was worthwhile.
Answer
  • T/F
  • Answer: TRUE

Question 19

Question
In general, a superordinate goal is a replacement goal for the goals of all functional groups involved in the project.
Answer
  • T/F
  • Answer: FALSE

Question 20

Question
Accessibility is the perception of the project team members that they are physically located in such a way that it is easy for them to interact.
Answer
  • T/F
  • Answer: FALSE

Question 21

Question
The risk is highest in the earliest phase of the project life cycle.
Answer
  • T/F
  • Answer: TRUE

Question 22

Question
Opportunity emerges from favorable project circumstances and risk from unfavorable events.
Answer
  • T/F
  • Answer: TRUE

Question 23

Question
As risk decreases in the project life cycle, opportunity increases
Answer
  • T/F
  • Answer: FALSE

Question 24

Question
Risks can be quantified by multiplying the likelihood a failure will occur by the severity of the failure.
Answer
  • T/F
  • Answer: TRUE

Question 25

Question
Technical risk is the probability that the project will not perform to the required standards or produce substandard products or have excessive operating cost consumption.
Answer
  • T/F
  • Answer: TRUE

Question 26

Question
The probability that the investments made to fund the front-end activities will be lost due to project abandonment is financing risk.
Answer
  • T/F
  • Answer: FALSE

Question 27

Question
One approach to risk mitigation is simply to accept it.
Answer
  • T/F
  • Answer: TRUE

Question 28

Question
Risk cannot be transferred because ultimately your own project will suffer the consequences if the event occurs.
Answer
  • T/F
  • Answer: FALSE

Question 29

Question
Contingency reserves require a construction company to hold back some funds in an account just in case something happens that increases the overall project cost.
Answer
  • T/F
  • Answer: TRUE

Question 30

Question
The highest dollar value of reserves is typically task contingency.
Answer
  • T/F
  • Answer: FALSE

Question 31

Question
Direct costs are those clearly assigned to the aspect of the project that generated the cost.
Answer
  • T/F
  • Answer: TRUE

Question 32

Question
Material is an example of a cost that is recurring, variable and direct.
Answer
  • T/F
  • Answer: TRUE

Question 33

Question
An expedited cost is one that does not vary with respect to their usage.
Answer
  • T/F
  • Answer: FALSE

Question 34

Question
The term expedited cost has the same meaning as crashing cost in the project management milieu.
Answer
  • T/F
  • Answer: TRUE

Question 35

Question
An order of magnitude estimate is usually more accurate than a ballpark estimate.
Answer
  • T/F
  • Answer: FALSE

Question 36

Question
Comparative estimates are more accurate than definitive estimates when applied to the same project.
Answer
  • T/F
  • Answer: TRUE

Question 37

Question
A learning rate of 90% means that for every doubling of output, the time required by the activity falls by 10%.
Answer
  • T/F
  • Answer: TRUE

Question 38

Question
Function point analysis is a system for estimating the size of software projects based on the number of lines of code a typical programmer can write in a day.
Answer
  • T/F
  • Answer: FALSE

Question 39

Question
A common reason for cost overruns in a project is a low initial estimate of project cost.
Answer
  • T/F
  • Answer: TRUE

Question 40

Question
There is a tendency for different departments or functions to compete for scarce resources in a zero-sum game when bottom-up budgeting is used to develop a project budget.
Answer
  • T/F
  • Answer: FALSE

Question 41

Question
Preceding activities are those that must occur before others can be done.
Answer
  • T/F
  • Answer: TRUE

Question 42

Question
A backward pass is performed when it is necessary to undo some work that has been performed in order to complete it properly.
Answer
  • T/F
  • Answer: FALSE

Question 43

Question
A merge activity has two or more immediate predecessors.
Answer
  • T/F
  • Answer: TRUE

Question 44

Question
Float is always measured in exactly the same way as slack.
Answer
  • T/F
  • Answer: TRUE

Question 45

Question
The PERT technique assumes that durations are more deterministic.
Answer
  • T/F
  • Answer: FALSE

Question 46

Question
Burst activities are those with two or more successor activities.
Answer
  • T/F
  • Answer: FALSE

Question 47

Question
You must know the mean of an activity in order to determine its standard deviation.
Answer
  • T/F
  • Answer: FALSE

Question 48

Question
In assigning a value for the most pessimistic (b) duration, the project manager should estimate the duration of the activity to have a 99% likelihood that it will take b or less amount of time.
Answer
  • T/F
  • Answer: TRUE

Question 49

Question
The late start time should be calculated using a forward pass through the network.
Answer
  • T/F
  • Answer: FALSE

Question 50

Question
Negative float exists when a project's critical path has been completed more quickly than anticipated.
Answer
  • T/F
  • Answer: TRUE
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