5 Written Questions
5 Matching Questions
- Project Integration Management
- Project Quality Management
- Bid / quotation
- Tolerances vs. Control limits
- Change Control System
- a A collection of formal (note: not informal) documented procedures, which defines how the documentation and project deliverables will be managed, changed and approved.
- b Includes the processes that help to estimate, budget, and control costs, so that the project can be completed within the approved budget.
- c Describes the processes required to ensure that the various elements of the project are properly coordinated. It includes developing the project plan, managing the execution of the project plan, monitoring & controlling work, integrating the change and finally closing the project.
- d Terms used when the source selection decision will be based on price
- e Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
5 Multiple Choice Questions
- Effect on project objectives if the risk event occurs.
- Describes the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products, services, or results.
- Responses to emerging risks that was previously unidentified or accepted. These were not planned in advance of the occurrence of the risk event.
- Process of identifying and documenting relationships among the project activities. Sequencing can be performed by using project management software or by using manual or automated techniques.
- A subsequent phase of a project is sometimes begun prior to approval of the previous phase deliverables when the risks involved are deemed acceptable. This practice of overlapping phases is often called fast tracking
5 True/False Questions
Cost-reimbursable contracts → Involves payments (cost reimbursements) to the seller for all legitimate actual costs incurred for completed work, plus a fee representing seller profit
Quality Management Plan → Documents how requirements will be analyzed, documented, and managed throughout the project
Functional Organization → A functional organization has a hierarchy in which every employee has one clear superior. Staff members are grouped by areas of specialization. Functional organizations may still have projects, but the perceived scope of the project is defined by the boundaries of the function.
Quantitatively based durations → Quantities to be performed for each specific category, and can be used to estimate activity durations
Critical Path Method → Calculates the theoretical early start and finish dates, and late start and finish dates, for all activities without regard to any resource limitations. This is done by performing a forward and backward pass analysis through the schedule network.