devry-mgmt404-quiz-7-october-2015

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Question 1. 1. (TCO 4) An example of parametric estimating would be: (Points : 5)

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.

Question 2. 2. (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? (Points : 5)

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.

Question 3. 3. (TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5)

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

Question 4. 4. (TCO 7) Which of the following is an example of an informal verbal form of communication? (Points : 5)

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

Question 5. 5. (TCO 8) What document provides information on who is in charge of the IT support for a project and who reports to the IT person in charge? (Points : 5)

The WBS

The RAM

The RACI

The OBS

Question 6. 6. (TCO 8) You are the project manager of a large, virtual financial project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5)

Establish a code of conduct for the project team.

Create a process to handle conflict.

Ensure all members of the team fully understand the project scope.

Hold face-to-face meetings whenever possible.

Question 7. 7. (TCO 9) Stand-up meetings in agile project management do all of the following except which? (Points : 5)

Provide project status.

Report on anticipated issues.

Permit group problem resolution.

Enhance collaboration.

Question 8. 8. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5)

Milestones prevent scope creep.

Milestones permit reevaluation of client needs.

Milestones allow for periodic reviews of the project.

Milestones can motivate the project team.

page 2

Question 1. 1. (TCO 4) Compare and contrast top-down and bottom-up project estimating techniques. (Points : 20)

Question 2. 2. (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars.

Question 2. 2.(TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars.

Project A

Project B

EV

450

550

PV

465

575

AC

425

650

(Points : 20)

Question 3. 3. (TCOs 4 and 6) What is the overall process of resource leveling on a project? (Points : 20)

Question 4. 4. (TCO 8) All projects suffer from some form of conflict at one time or another. List and describe four common sources of conflict on a project and provide examples of each from either a recent project or from your personal life. (Points : 20)

Question 5. 5. (TCO 9) Agile project teams are typically co-located. Why is this so important to an agile project and what does it facilitate on an agile project? (Points : 20)

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