Lesson-3 Plan The Project

Which is the best elicitation technique to use when your project team wants to facilitate a discussion with a certain set of users to get a better understanding on how they might use your project’s product?

• Document analysis

• Focus group

• Benchmarking

• Plurality

A project team is reviewing the requirements documentation that they are responsible for working on. Which project artifact can they reference to see the connection between the requirements and the business and project objectives?

• Requirements traceability matrix

• RACI chart

• Project charter

• Scope management plan

An architectural firm has spent a great deal of time and effort creating the design and blueprints for the building. They had to purchase materials and hire consultants and have been working on this project for 6 months. They have submitted all the invoices for the money they have spent on the work, as well as an invoice for the fee of $90,000. What type of contract was this?

• Time and materials

• Cost-plus-incentive-fee (CPIF)

• Fixed-Price Economic Price Adjustment (FP EPA)

• Cost-reimbursable

What is included in activity cost estimates?

• Supporting data or additional information needed to justify the cost estimates

• Estimates on probably costs necessary to finish project work, including direct costs, labor, materials, equipment, facilities services, information technology, and contingency reserves

• Estimates on probable costs necessary to finish project, work based on the responsible bids obtained from vendors

• Estimates on probable costs necessary to finish the project work, including direct labor, materials, equipment, facilities, services, information technology, contingency reserves, and indirect costs

What is the process to create a project budget?

• Take the rough order of magnitude (ROM) and decompose it into the cost of work packages

• Combine all individual activity cost estimates and contingencies and aggregate them for the entire project. Submit this to the sponsor, and modify it if necessary

• Estimate costs necessary to finish project work, including direct costs, labor, materials, equipment, facilities, services, information technology, and contingency reserves

• Create an S-curve with cost on the Y axis and time on the X axis

A project manager is using a time-phased budget to measure the cost performance. What is that budget called?

• Cost baseline

• Cost estimate

• Rough order of magnitude

• Release budget

The project manager informs the project sponsor that the project management plan will continuously increase in the level of detail as the project moves forward. In project management, what is this process known as?

• Life cycle

• Progressive elaboration

• Resource planning

• Scope creep

Which of the following would not be part of the quality management plan?

• Quality standards and roles

• Minimum viable product

• Quality tools to be used

• Major procedures for dealing with nonconformance

Which two are components of a resource calendar? (Choose two)

• Working days

• Training strategies

• Availability of physical resource

• Recognition plans

In which of the following situations would brainstorming be an appropriate technique?

• Conflict resolution

• Sprint reviews and demos

• Identifying and prioritizing options

• Running a standup meeting