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5 Written questions

5 Matching questions

  1. Brainstorming
  2. Resource Leveling
  3. Activity List
  4. Risk management policies
  5. Prioritized list of quantified risks
  1. a A general data gathering and creativity technique that can be used to identify risks, ideas, or solutions to issues by using a group of team members or subject matter experts which data can be addressed later in Perform qualitative and quantitative risk analysis.
  2. b List of risks includes those that pose the greatest threat or present the greatest opportunity to the project together with a measure of their impact.
  3. c A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
  4. d Predefined approaches to risk analysis and response in some organizations that have to be tailored to a particular project.
  5. e Any form of schedule network analysis in which scheduling decisions are driven by resource constraints.

5 Multiple choice questions

  1. Describes the processes concerned with identifying, analyzing, and responding to project risk. It includes planning risk management, identifying risks, performing qualitative risk analysis, performing quantitative risk analysis, planning risk responses, monitoring and controlling risks.
  2. 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.
  3. Project Simulation uses a model that translates the specified detailed uncertainties of the project into their potential impact on project objectives.
  4. 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.
  5. Involves immediate corrective or preventive action as a consequence of quality control measurements.

5 True/False questions

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

          

  2. Critical Path Methodology (CPM)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.

          

  3. Phase Exits/ Stage Gates/ Kill PointsThe expected total cost of a schedule activity , a work breakdown structure component, or the project when the defined scope of work will be completed.

          

  4. Schedule BaselineProject team accepts the risk - i.e. team decides not to change the project plan to deal with the risk, or is unable to identify any other suitable response strategy.

          

  5. InterviewsA formal or informal approach to obtain information from stakeholders by talking to them directly