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5 Written questions

5 Matching questions

  1. Mandatory Dependencies (or Hard Logic)
  2. Plan Risk Responses
  3. Decision Tree
  4. Quality Policy
  5. Requirements Traceability Matrix
  1. a Any numbering system used to uniquely identify each component of the work breakdown structure.
  2. b Diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives.
  3. c A table that links requirements to their origin and traces them throughout the project life cycle
  4. d Dependencies that are contractually required or those inherent in the nature of the work. Often involve physical limitations.
  5. e Process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Includes the identification and assignment of individuals to take responsibility for each agreed-to and funded risk response.

5 Multiple choice questions

  1. It compares cost performance over time, schedule activities or work packages overrunning and under running the budget, and estimated funds needed to complete work in progress.
  2. Hybrid type of contractual agreements that contain aspects of both cost-reimbursable and fixed- price contracts. Some characteristics: ยท Open-ended, i.e., full value of the agreement and the exact quantity of items to be delivered may not be defined at the time of the contract award; Can be subjest to cost increat for the buyer; Unit Labor or material rates can be preset by the buyer and seller
  3. Mutually binding legal agreement that obligates the seller to provide the specified products, services, or results, and obligates the buyer to compensate the seller.
  4. Describes the extent to which a risk is known or understood. Measures extent of data available as well as reliability of data.
  5. A schedule network analysis technique used to determine the amount of scheduling flexibility on various logical network paths in the project schedule network, and to determine the minimum total project duration. Early start and finish dates are calculated by means of a forward pass analysis, using a specified start date. Late start and finish dates are calculated by means of a backward pass analysis, starting from a specified completion date.

5 True/False questions

  1. Project Communications ManagementIncludes the processes that help to estimate, budget, and control costs, so that the project can be completed within the approved budget.

          

  2. Project Scope ManagementDescribes the processes required to ensure that the project includes only the essential work required to complete the project successfully. It includes collecting the requirements, defining the scope, verifying the scope and controlling the scope of the project.

          

  3. Risk management policiesProvide a structure that ensures a comprehensive process of systematically identifying risks to a consistent level of detail and contributes to the effectiveness and quality of the Identify Risks process. They include categories like technical, external, environmental, etc.; and subcategories like technical maturity, weather, etc.

          

  4. Functional OrganizationA 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.

          

  5. Analogous Estimating (top-down)An estimating technique that uses parameters from a previous, similar project as the basis for estimating the same parameter/measure for a future project. Frequently used to estimate project duration when there is a limited amount of detailed information about the project.