PM 2 Review A

1. Which project characteristic suggests that a predictive management approach should be used?

• Evolving goals and requirements

•   Defined deliverables and deadlines

• Multiple releases of product features

• High levels of change and risk

During a project your team develops new procedures to create certain product features more efficiently.

Why should the team archive the project documents and new procedures?

•   To provide reference material for teams working on the similar project.

•   To show the sponsor the efficiency of the team

• To identify the employees that discovered the new procedures

• To receive recognition for developing new procedures.

What is a project life cycle?

• The steps used to identity the best possible solution to a problem.

• The sequence of activities that determines the shortest possible duration of a project

•     The series of phases that a project passes through from its start to its completion

•   The tasks performed to deliver a product, service, or result with specified features and functions.

  You are entering the cost of a project by using the budget from a similar project last month.

Which type of budget estimation technique are you using?

•     Bottom-up estimation

•    Three-point estimation

•   Analogous historical estimation

•     Expert judgement estimation

You are the project manager on an interior design project. The floor tiles in the original project plan are no longer available.

Who has the authority to choose a new style for the replacement tiles?

•    The project manager

•    The customer

• The project team.

•   The business analyst

What role does quality assurance play in the project development process?

• It ensures employees are qualified to complete their assigned task

•       It ensures the project is delivered on time.

•   It ensures procedures are followed to meet standards for performance

•    It ensures the project is delivered within budget.

In an adaptive project management approach, which statement describes the actions of team members?

•   They take turns leading the project so they can each gain experience in leadership

• They gather all customer requirements at the beginning of the project

• They work through at the tasks sequentially to complete the final project.

• They work on the highest priority items in the product backlog.

What scenario demonstrates a schedule dependency?

•    Team members must determine the minimum time necessary to complete a project.

•      Team members must work independently on task.

• Team members must schedule activities during business hours

• Team members must wait to start a task until after another task is completed

  Which statement describes a characteristic of a predictive project management approach?

•       Planning is completed in short increments as part of a cycle.

•      Planning is completed for the entire scope of the project at the beginning

• Planning is completed for deliverables needed in the next two weeks

• Planning is completed annually as part of a company finance cycle

What describes a project’s requirements, including major deliverables and exclusions of the project?

• Scope Statement

• Business Case

• Status report

• Work Breakdown structure