Which of the following is true regarding the Resource Planning process?
A. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements.
B. Resource Planning involves the human resource aspect of planning only, and its output is staffing requirements.
C. Resource Planning encompasses all the physical resources needed for the project, and its output is staffing requirements.
D. Resource Planning encompasses all the physical resources needed for the project, and its output is resource requirements.
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All of the following are true regarding the tools and techniques of Activity Sequencing except: A. GERT uses analogous methods. B. GERT allows for loops. C. GERT is a conditional diagramming method. D. GERT allows for conditional branches.
During your project meeting, a problem was discussed and a resolution to the problem was reached. During the meeting, the participants started wondering why they thought the problem was such a big issue. Sometime after the meeting, you received and e-mail from one of the meeting members saying they've changed their mind about the solution reached in the meeting and need to resurface the problem. The solution reached during the initial project meeting is an example of which of the following conflict resolution techniques? A. Confrontation B. Forcing C. Smoothing D. Storming
A project is considered successful when: A. The product of the project has been manufactured. B. The project sponsor announces the completion of the project. C. The product of the project is turned over to the operations area to handle the ongoing aspects of the project. D. The project meets or exceeds the expectations of the stakeholders.
You are a project manager for a manufacturing firm that produces Civil War-era replicas and memorabilia. You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem? A. Reduce the technical requirements so that the error is no longer valid. B. Go forward with production and ignore the error. C. Go forward with production but inform the customer of the problem. D. Develop alternative solutions to address the error.
Intellectual property includes all of the following except: A. Software B. Patents C. Hardware D. Business processes
What is the difference between project, program, and portfolio?
You are a project manager for Bluebird Technologies. Bluebird writes custom billing applications for several industries. A scope change has been requested. You know change is concerned with all of the following except: A. Managing change B. Verifying change C. Influencing causes of change D. Determining that a change occurred
Explain the concept of total quality management.
You are the project manager for Changing Tides video games. You have produced a project network diagram and have updated the activity list. Which process have you just finished? A. The Activity Sequencing process, which identifies all the specific activities of the project B. The Activity Sequencing process, which identifies all the activity dependencies C. The Activity Duration Estimating process, which diagrams project network time estimates D. The Activity Duration Estimating process, which identifies all the dependent activities of the project
If your expected value is ll0 and the standard deviation is l2, which of the following is true? A. There is approximately a 99 percent chance of completing this activity between 86 and 134 days. B. There is approximately a 68 percent chance of completing this activity between 98 and 122 days. C. There is approximately a 95 percent chance of completing this activity between 98 and 122 days. D. There is approximately a 75 percent chance of completing this activity between 86 and 134 days.
You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following is true? A. You have completed the Cost Estimating process and now need to complete the Cost Budgeting process to determine the project's baseline. B. You have completed the Project Plan Development process and established a project baseline to measure future project performance against. C. You have completed the Cost Estimating process and now need to complete the Project Plan Development process to establish a project baseline to measure future project performance against. D. You have completed the Cost Budgeting process, and the cost baseline will be used to measure future project performance.
You are a project manager for a telecommunications firm. You're working on a project that entails upgrading technical hardware and equipment. The estimated cost of the hardware and equipment is $1,725,000. You are reviewing products from three different vendors. One of the vendors invites you to lunch. What is the most appropriate response? A. Thank them but let them know this could be a conflict of interest since you haven't made a decision about which vendor you're going to choose. B. Thank them and decline. You know this could be considered personal gain, which could call your integrity into question. C. Thank them and accept. You don't believe there is a conflict of interest or a personal integrity issue. D. Thank them and decline. You believe this could be a conflict of interest on the part of the vendor, and you don't want to encourage that behavior.