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WorksheetsProject Management Worksheet
Total questions: 33
Worksheet time: 17mins
What does a RACI chart identify in a project?
Resource costs
Role assignments
Budget categories
Sprint deliverables
Which schedule method is used when resource limits determine timing?
Activity-dominated
Resource-constrained
Scope-constrained
Baseline-limited
Crashing a project usually means:
Removing activities from scope
Adding resources to shorten activities
Reducing quality
Running tasks sequentially
Fast tracking involves:
Reducing team size
Running sequential tasks in parallel
Cutting scope
Replacing resources
Resource leveling attempts to:
Increase overload
Smooth resource usage over time
Raise project cost
Eliminate quality issues
Which is a direct cost?
Insurance
General administration salaries
Contractor labor for the project
Utilities
7. The estimating method that uses statistical relationships is:
Analogous estimating
Parametric estimating
Three-point estimating
Expert judgment
A contingency reserve covers which type of risk?
Unknown-unknowns
Known-unknowns
Known-knowns
Long-term inflation
A budget at completion (BAC) represents:
Money spent so far
Total approved project budget
Contingency funds
Estimated profit
A cost curve illustrates the relationship between:
Risk and schedule
Fixed and variable costs
Stakeholders and scope
Quality and time
A “threat” in risk management is:
Positive impact
Negative impact
Delay in quality
Opportunity
The Delphi technique is:
Open brainstorming
Anonymous expert surveying
Conflict resolution
A statistical formula
A risk register does not include:
Risk owner
Probability and impact
Qualitative risk analysis typically uses:
Probability-impact matrices
Cost curves
Cash flow charts
Parametric estimating
A trigger condition is:
The cause of a risk
A signal to activate a risk response
A closed risk
An executive approval
Root cause analysis identifies:
Budget slippage
The underlying cause of a risk
Project quality rules
Contract clauses
Deming emphasized:
Stakeholder mapping
Systems thinking and understanding variation
Cost accuracy
Scope verification
Juran’s Quality Trilogy includes:
Measure, control, innovate
Planning, control, improvement
Design, budget, deliver
Validate, assess, repair
SIPOC helps with:
Communications
Process understanding
Staffing
A quality management plan includes:
Risk matrices
Quality roles, tools, and metrics
Team performance reviews
Cash flow calculations
PDCA stands for:
Plan–Do–Check–Act
Predict–Design–Control–Assess
Process–Define–Confirm–Approve
Plan–Define–Collate–Apply
DMAIC is associated with:
Deming
Juran
Six Sigma
Agile Scrum
An RFP is used when:
Only price matters
Detailed evaluation and negotiation are required
Scope is 100% complete
A supplier is already chosen
Which contract gives the least risk to the buyer?
CPFF
T&M
FFP
CPIF
Make-or-buy analysis occurs during:
Conduct Procurements
Plan Procurement Management
Control Procurements
Close Procurements
T&M contracts are best for:
Highly defined scopes
Unknown quantities of work
Fixed deliverables
Short projects only
Supplier evaluation may include:
Social media scanning
Third-party audits
Classroom testing
Client feedback surveys only
SPI less than 1.0 means:
Ahead of schedule
Behind schedule
Under budget
Over budget
Earned Value Management integrates:
Quality, procurement, risk
Scope, cost, and schedule
Schedule, communication, HR
Budget, staffing, contracts
Which of the following is a fundamental aspect of project planning?
Ignoring potential risks
Defining clear project goals and objectives
Starting work without a plan
Focusing solely on the end result
The E&G budget is allocated from scratch every year on _______ and must be used by _________.
July 1st, June 30th
August 1st, September 30th
January 1st, December 31st
Payroll to Budget (Regional Manager)
= 1%
> 3%
< 1.5%
< 2%
An organization notices that some of their cloud expenditures are too high. What should the organization do to control costs?
Streamline the hardware procurement process to reduce costs.
Share cost views with the departments to establish more accountability.
Change the cost model from operational expenditure to capital expenditure.
Ensure that all could resources are tagged with a single tag.
