Block 04 - Project Monitoring and Control

Why is estimation considered extremely difficult in project management?

• Because it requires advanced mathematical skills

• Because much is new and based on unverified assumptions

• Because it is always based on past projects that are difficult to understand

• Because it is solely dependent on the project manager's intuition

Which of the following is NOT an estimation method commonly used in project management?

• Planning poker

• Multiplier method

• Pareto analysis

• Parametric estimation equations

In the three-point estimation technique, how is the final estimate calculated?

• By averaging the pessimistic, optimistic, and worst case estimates

• By taking the sum of the pessimistic, optimistic, and most likely estimates

• By calculating the weighted average of the pessimistic, optimistic, and most likely estimates

• By selecting the most likely estimate as the final value

Which of the following is NOT recommended as a best practice in the estimation process for project management?

• Only estimate when you have

  sufficient information.

• Update estimates regularly and amend them if necessary.

• Allow peers to review and check your estimates.

• Make estimates as early as possible.

Which of the following is NOT typically considered a task of the pre-project phase in project management?

• Project organization

• Feasibility test

• Stakeholder analysis

• Budget allocation

Which of the following is NOT typically considered a task of the planning phase in project management?

• Work Breakdown Structure (WBS) creation

• Conducting a post-implementation review

• Developing a cost and resource plan

• Conducting a risk assessment

Which of the following is NOT typically considered a task of the execution phase in project management?

• Project Management

• Quality Assurance

• Controlling

• Documentation

Which of the following is NOT typically considered a task of the close-out phase in project management?

• Relief and dissolution of the project organization

• Initiation of a new project

• Evaluation and reflection

• Project final report

Which of the following is NOT a defined event in the Scrum framework?

• Monthly Scrum

• Sprint Planning

• Sprint Review

• Sprint Retrospective

What does the term "critical path" refer to in project management?

• The sequence of stages that requires the least amount of time to complete.

• The sequence of activities and tasks that determines the shortest time in which the project can be completed.

• The most expensive sequence of activities and tasks in the project.

• The sequence of activities on which the project does not depend for its completion.