Project Management Study guides, Class notes & Summaries

Project Management The Managerial Process 8th Edition Larson Test Bank Complete Test Bank Project Management The Managerial Process 8th Edition Larson Questions & Answers with rationales (Chapter 1-16) PDF File All Pages All Chapters Grade A+

QUESTIONS AND ANSWERS

PROJECT MANAGEMENT EXAM / A SYSTEMS APPROACH TO PLANNING, SCHEDULING, AND CONTROLLING, 12TH EDITION/ RECENT UPDATE QUESTIONS AND ANSWERS ALREADY GRADED A+

Project Management (MAN4583) Final UCF Latest Update Graded A+ If you are experiencing costs based upon historical data from experience w/ a comparable project, you are using: (based off past projects (analogy)) Analogous Estimating To find the ___________ activities / zero slack, you have to calculate the forward and backward pass through your network. Critical Path In your network diagram, A is a predecessor for B, C, and D. Therefore, A is a ____________ activity. Burst To ...

Project Management Assessments Exam Questions with Answers

A project is a ___ endeavor to create a unique product, service or result - correct answer temporary Project priorities are defined by the - correct answer sponsor Which of the following is NOT an example for organizational value of an IT project? - correct answer higher capacity parking lot IT projects are organizational_________ for which they expect some type of ________ in return - correct answer investments, value Which of the following is NOT an example of an IT project - corre...

What are some defining characteristics of projects? - 1. An established objective(goals) 2. A defined life span with a begining and end 3. The involvment of several departments and professionals (Specialized teams for different tasks) 4.Doing things that hve never been done before(accomplishing someting "new"/unique) 5.Specific time, cost, and performance requirements(these are what evaluations involve) what a project is not - not everyday work, not routine, repetitive work. Projects ar...

Ana is a project manager for her organization. She has been presented a set of documents that specifies the reasons for the project, justification for the project and how it fits in with the company objectives. What has she received? - correct answer business case Which of the following comes under the economic model? Choose all that apply. IRR Constrained optimization NPV Discounted cash flow - correct answer IRR(internal rate of return) NPV(net present value) Discounted cash flo...

Projects are identified and selected in the initiating phase. The following mechanisms help to assure quality expectations are met: Audits, inspections, and standards throughout the project. Corrective action must be take for a project when the actual progress is less than the planned progress. Projects documents are organized and archived in the closing phase. The stakeholder register is a convenient tool to keep all stakeholder information consolidated and up-to-date.

Validate Scope 1. Inputs a.Project management plan b. Requirements documentation c. Requirement Traceability matrix d. Verified deliverable e. Work performance date 2. Tools and Techniques a. Inspection b. Group decision making techniques

Project A temporary endeavor undertaken to create a unique product service or result Management Act ot coordinating the efforts of people to accomplish desired goals and objectives using available resources (eg. Money, workers, equipment, manpower) Includes: -Identifying requirements -Establishing clear and achievable objectives -Balancing the competing demands for quality, scope time and cost -Adapting specifications, plans and concerns for the stakeholders