WorksheetsCIV3CPM Review
Total questions: 31
Worksheet time: 18mins
Top-down estimates are most likely to occur during the ______ phase
Conceptual
Planning
Execution
Delivery
Which of the following describes the "six-tenths" rule?
Project Evaluation based on price inflation over time
Cost estimation method based on size or capacity
Project Evaluation based on probability pricing
Cost estimation method based on price index of an item
How many activity duration estimates are used for Program Evaluation & Review Technique?
One
Two
Three
Four
Label the work breakdown structure (WBS) according to its hierarchy level.
What is the most effective communication channel?
Face-to-face
Social Media
Written letter
For the PERT Analysis, the calculation of the duration of each activity follows:
te=(2a+4m+2b)/6
te=(a+4m+b)/6
te=(a+4m+b)/3
te=(a+4m+b)/2
Which of the following key characteristics of a task is false?
Be unambiguous
Be continuous in time
Be longer than a standard reporting period
Be performed at a single site
Why does expected value not work as well with extreme events?
Extreme events have an immeasurable outcome
Extreme events never happen
Past performance is not an indicator of future returns
Probability related to extreme events are not reliable
What is true about Benefit-Cost Ratio (BCR)?
Gives comparative value on whether a project should be taken up
Gives a true and absolute value on whether a project should be taken up
Gives an indication whether if the project can be completed within a given timeframe
None of the above
Types of business structure are all of these except:
Simple
Functional
Network
General
Which of the following is NOT one of Australia's main types of businesses?
Public Company
Which components define the risk?
Probability
Severity
Duration
Cost
Which is not the advantage of dividing project scope into work packages?
Prepare project schedules and cost estimates
Assign human resource responsibilities
Improve the relationship within the workspace
Define a baseline for performance assessment and control
Employees work as specialists for the entire company. What is the type of Organisational Structure?
Functional
Matrix
Projectized
None of the above
CTE can be obtained by the following formula:
(Cn-Cc)/(Tn-Tc)
(Cc-Cn)/(Tn-Tc)
(Tn-Tc)/(Cn-Cc)
None of above
Which of the following statement is true about the Work Breakdown Structure (WBS)?
Identifies the project elements that require resources.
Used to organize the cost estimates.
Shows the critical path of a project
All of the above
What is the type of business structure used in this diagram?
Network
Simple
Matrix
Projectized
Which of the following steps are involved in human resource planning?
Assess current human resources
Assess future human resources need
Develop programs to satisfy future human resources need
All of the above
Which of the following is the main process in project communications management?
Planning communication management
Managing communications
Monitoring communications
All of the above
Projects are characterized by four elements: Purpose, Complexity, Uniqueness, and Life cycle.
True
False
Reorder the project life cycle.
Initiating process
Planning process
Executing process
Controlling and monitoring process
Closing process
What is Budgeted Cost of Work Performed (BCWP) also known as?
(a)
Top-down estimation is also known as (a) estimation.
In decision making, what criteria assumes that each outcome is equally likely?
(a)
Reorder the list of risk response strategies from least to highest level of risk:
Accept the risk
Monitor the risk
Transfer the risk
Mitigate the risk
Based on Maslow's Hierarchy of Needs, label the following:
In a team of 4 people, how many communication channels are required?
2
4
6
8
Which of the following is a key benefit of using the Critical Path Method (CPM) in project management?
It helps in identifying the shortest path to complete a project
It provides a detailed cost analysis of the project
It identifies the longest sequence of dependent tasks
It ensures all team members are equally utilized
"To deliver a functional road that reduces existing traffic congestion".
Is this a well-written project goal in the SOW?
Yes, it is!
No, it is not!
Is this a well-designed RACI matrix?
Yes, it is!
No, it is not!
What improvements can be made for this subject?
