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5 Written questions

5 Matching questions

  1. Tolerances vs. Control limits
  2. Pareto Diagram/ Chart
  3. Control Account
  4. Regulation
  5. Data Precision Ranking
  1. a The expected total cost of a schedule activity , a work breakdown structure component, or the project when the defined scope of work will be completed.
  2. b Technique to evaluate the degree to which data about risks is useful for risk management.
  3. c A management control point where the resource plans, scope, schedule and actual cost are integrated and compared to earned value for performance measurement.
  4. d Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
  5. e A requirement imposed by a governmental body and its compliance is mandatory.

5 Multiple choice questions

  1. The calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal, such as the budget at completion (BAC) or the estimate at completion (EAC). It is the ratio of 'remaining work' to the 'funds remaining'.
  2. Effect on project objectives if the risk event occurs.
  3. Application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
  4. Factors that will limit the project management team's options (e.g., a predefined budget)
  5. The policies, guidelines, or procedures that govern the recruitment of staff.

5 True/False questions

  1. Plan CommunicationsThe process of determining project stakeholders' information needs and defining a communication approach.

          

  2. Stakeholder AnalysisA process of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests, expectations, and influence of the stakeholders and relates them to the purpose of the project.

          

  3. Work Breakdown Structure (WBS)Deliverable- oriented grouping of project components that organizes and defines the total scope of the project - work not in the WBS is outside the scope of the project.

          

  4. BenchmarkingAn estimating technique that uses the values of parameters, such as scope, cost, budget, and duration or measure of scale such as size, weight, and complexity, from a previous, similar activity as the basis for estimating the same parameter or measure for a current project. Using the actual cost of similar, previous projects as the basis for estimating the cost of the current project. Frequently used to estimate a parameter when there is a limited amount of detailed information about the project.

          

  5. Product ScopeFeatures or services that characterize a product, result, or service