MIS 510 Week 3&4 Review

Scope ____________ is often achieved by a customer inspection and then sign-off on key deliverables.

• validation

• close-out

• acceptance

• completion

You cannot start editing a technical report until someone else completes the first draft. What type of dependency does this represent?

• Start-to-finish

• Finish-to-start

• Start-to-start

• Finish-to-finish

What is the purpose of project quality management?

• To ensure that appropriate quality standards are met

• To ensure that the project will satisfy the needs for which it was undertaken

• To produce the highest-quality products and services possible

• All of the above

Which of the following processes involves determining the policies, procedures, and documentation that will be used for planning, executing, and controlling the project schedule?

• Activity sequencing

• Estimating activity resources

• Defining activities

• Planning schedule management

What is the main goal of project cost management?

• To complete a project within an approved budget

• To provide truthful and accurate cost information on projects

• To ensure that an organization’s money is used wisely

• To complete a project for as little cost as possible

____________ refer(s) to all the work involved in creating the products of the project and the processes used to create them.

• Scope

• Product development

• Milestones

• Deliverables

__________ is the degree to which a set of inherent characteristics fulfills requirements.

• Conformance to requirements

• Reliability

• Quality

• Fitness for use

Accountants usually define _________ as a resource sacrificed or foregone to achieve a specific objective.

• Cost

• Money

• Liability

• Trade

Which of the following is not an output of the project cost management process called estimating costs, according to the PMBOK® Guide – Sixth Edition?

• Project documents updates

• Basis of estimates

• Cost estimates

• A cost baseline

Which tool or technique for collecting requirements is often the most expensive and time-consuming?

• Focus groups

• Interviews

• Observation

• Surveys