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what is a project management?

Answer Posted / guest

Project management means to handle a project within that
duration with that estimated amount.

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Please Help Members By Posting Answers For Below Questions

You are the project manager for a large construction project. The project objective is to construct a set of outbuildings to house the Olympic support team that will be arriving in your city 18 months from the project start date. Resources are not readily available as they are currently assigned to other projects. Jack, an expert crane operator, is needed for this project two months from today. Which of the following skills will you use to get Jack assigned to your project? A. Negotiation and influencing skills B. Communication and organizational skills C. Communication skills D. Problem-solving skills

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Common causes of variances are a result of all of the following except: A. Random variances B. Predictable variances C. Special variances D. Variances that are always present in the process

945


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

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You are a project manager for a new software development project. You have a few activities that require specialized testing. The testing might need to be repeated more than once. Which of the following do you choose? A. The Graphical Evaluation and Review Technique because it allows for conditional branching and looping for the testing activity B. The Critical Path Method because it allows for float time to be calculated for the testing activity C. The Program Evaluation and Review Technique because it allows for conditional branching and looping for the testing activity D. The Program Evaluation and Review Technique because it allows for a weighted average distribution, which will even out the time needed for the testing activity

874


Which of the following is true regarding NPV? A. NPV assumes reinvestment at the cost of capital. B. NPV decisions should be made based on the highest value for all of the selections. C. NPV assumes reinvestment at the prevailing rate. D.NPV assumes reinvestment at the NPV rate.

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Project managers have the greatest amount of authority in which kind of organizational structure? A. Functional B. Projectized C. Weak matrix D. Balanced matrix

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You are the project manger for Xylophone Phonics. They produce children's software programs that teach basic reading and math skills. You're performing cost estimates for your project and don't have a lot of details yet. You will use which of the following techniques? A. Analogous estimating techniques, because this is a form of expert judgment that uses historical information from similar projects B. Bottom-up estimating techniques because this is a form of expert judgment that uses historical information from similar projects C. Monte Carlo Analysis, because this is a modeling technique that uses simulation to determine estimates D. Parametric modeling, because this is a form of simulation used to determine estimates

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You are a project manager for a network cabling project for your organization. Your project team is made up of six full-time employees and three contractors. This is the first time they have all worked together. You know that the team will go through the stages of team development in the following order: A. Forming, storming, norming, and performing B. Storming, norming, forming, and performing C. Norming, storming, forming, and performing D. Forming, norming, storming, performing

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All of the following are inputs to the Administrative Closure process except: A. Performance measurement documentation B. Product documentation C. Other project records D. Contract documents

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You are a project manager for Bluebird Technologies. Bluebird writes custom billing applications for several industries. One of your users verbally requests changes to one of the screen displays. You explain to her that the change needs to go through the change control system. You explain that a change control system does all of the following, except: A. Document procedures for change requests B. Track the status of change requests C. Describe the management impacts of change D. Determine if changes are approved or denied

1021


Critical path tasks are those tasks that: A. Have equal pessimistic, optimistic, and most likely estimated times B. Have a float rime of zero C. Have the same start date D. Have multiple early start dates and early finish dates

986


Which of the following is true regarding Administrative Closure? A. It occurs at the end of a project phase and at the end of the project. B. It occurs at the end of the project phase only. C. It occurs at the end of the project only. D. It is performed prior to Contract Closeout.

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Your selection committee meets on a semiannual basis. They've determined that projects must meet or exceed a specific profit limit in order to be accepted and prioritized on the project list. Which of the following is true? A. The selection committee has defined project selection criteria, which is a tool and technique of Initiation. B. The selection committee has defined project selection methods, which is a tool and technique of Initiation. C. The selection committee has defined project selection methods, which is an input to Initiation. D. The selection committee has defined project selection criteria, which is an input to Initiation.

1046


You’ve just accepted a new project management assignment. The project is for a customer in a foreign country. You've requested a business analyst and two other project team members from the country the customer resides in to participate on your team. The remaining team members are from your country. You know that the best way to ensure the project team doesn’t get bogged down in cultural differences and hold up project progress is to: A. Perform team-building exercises using videoconferencing to allow team members to get to know each other and get to the performing stage of team development as soon as possible. B. Provide diversity training for all the team members to make them aware of cultural differences and teach them to function effectively as a team despite these differences. C. Establish your role as project manager as the first order of business and require compliance to company policies. D. Require project team members to read and sign the organization’s diversity policy.

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What are the tools and techniques of the Quantitative Risk Analysis process? A. Checklists, flowcharting, interviewing B. Interviewing, sensitivity analysis, decision tree analysis, simulation C. Checklists, sensitivity analysis, decision tree analysis, information-gathering techniques D. Interviewing, checklists, assumptions analysis, risk probability impact

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