Quiz 4 - Hybrid Project Management

Quiz 4 - Hybrid Project Management

University

16 Qs

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Quiz 4 - Hybrid Project Management

Quiz 4 - Hybrid Project Management

Assessment

Quiz

Other

University

Hard

Created by

Sergio Monteiro

Used 1+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Your project is halfway through the execution phase. The project is progressing well and is on schedule when one of the vendors calls you to inform you that there will be a delay in his shipment delivery.

Which of the following documents would best capture the impact of the delay on the project schedule?

Network Diagram
Procurement Management Plan
Work Breakdown Structure
Risk Register

Answer explanation

A project schedule network diagram captures the project schedule and would be the best document to reflect the impact of a delay on a vendor deliverable. The work breakdown structure shows what work is in the project, but doesn't focus on how long it should take. The risk register would show an increase in project risk, but wouldn't help to determine the impact of a delay on the project schedule.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You manage an IT project under contract in the final phase of project execution. Your project status is well within the budget and achieving the schedule and quality objectives. During the final testing phase of the project, you realize that the performance of the product can be increased significantly by doing minor code changes in two modules.

This change would require some additional days of work. What should you do NEXT?

Analyze the various alternatives and do a detailed impact analysis before proceeding with the change
Update the change management form and send it to change control board for consideration
Discuss the change and impact with customer and seek his approval
Ignore the change as it is gold plating and should be avoided

Answer explanation

This is an example of gold plating because this requirement is not actually part of the contract. Such additions are usually based on a perceived notion of what the customer would like rather than a specific requirement from the customer. Gold plating is defined in simple words as adding more to the system than is specified in the requirements. Gold plating can increase operation and maintenance costs, as well as reduce quality.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A major stakeholder in the project wants to know his role and responsibility in the scheduling process of the project. He also wants to understand how the schedule baseline is established for the project and which scheduling methodologies are used in the project. Which document should the project manager ask him to refer to?
Project Management Plan
Project Schedule Baseline
Stakeholder Register
Schedule Management Plan

Answer explanation

The schedule management plan establishes how the schedule management will be carried out in the project. It serves as guidance for the scheduling process and defines the roles and responsibilities for stakeholders, along with scheduling methodologies, schedule change control procedures, etc.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

As a project manager, you have been asked by the customer to give an overview of the project status using milestone charts. Which of the following statement is not true about milestone charts?
Milestones have zero duration
Milestone charts are similar to bar charts but only show major events
Milestone charts can be used to capture the status of project schedule
Milestones are only used to define the phases of a project

Answer explanation

Milestone charts capture the major milestone in the project which represents the beginning or completion of a deliverable, work package, phase, or project. A milestone is a zero duration activity and these charts are commonly used to present project status to senior management or a customer.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You are managing a construction project which is nearing completion when a major stakeholder points out a flaw in the design which could make the entire structure weak. He suggests a change which would provide the necessary support. You are worried that this change could impact the schedule and cost of the project significantly. What is your BEST response to the stakeholder?
Refuse him as the project is already nearing completion and it's not possible to make any changes at this stage
Do a root cause analysis with the team to determine how this design flaw could have been missed and if there could be more potential problems with the design
Proceed with the change and communicate the impact on project schedule and cost to the customer
Use a schedule compression technique as part of integrated change control to investigate and minimize the adverse impact of the change

Answer explanation

Schedule compression technique is useful not only during project planning to see if the desired completion date can be met but also during integrated change control to look at the schedule impacts of changes to time ,cost ,scope, or risk . The root cause analysis though seems to be in good faith, but doesn't address the immediate problem. Communicating the impact should be done once all the alternatives are explored to minimize the adverse effect of the change on the project schedule and other constraints.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is the estimating technique that uses a statistical relationship between the historical data and other variables to calculate an estimate for an activity?
Analogous Estimating
Parametric Estimating
Three Point Estimating
Monte Carlo technique

Answer explanation

Parametric estimating is an estimation technique which utilizes the statistical relationship that exists between a series of historical data and a particular delineated list of other variables. E.g. square footage in a construction project, the number of lines or code that exist in a software application.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You are managing a software project. During a walkthrough of newly implemented functionality, your team shows you a new feature that they have added to help make the workflow in the product easier for your client. The client didn’t ask for the feature, but it does look like it will make the product easier to use. The team developed it on their own time because they wanted to make the client happy. You know this change would have made it very probably not through change control. What is this an example of?
Gold plating
Scope creep
Schedule Variance
Scope variance

Answer explanation

Gold plating is when you or your team add more work to the project that was not requested by the sponsor or client.

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