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business
contemporary management
Questions and Answers of
Contemporary Management
The process in which project deliverables and project work are subdivided into smaller and smaller pieces is called ____________________.a. collect requirementsb. define scopec. plan scope
Where would you go to find supplemental information about the lowest level deliverables of a project?a. project scope statementb. WBS dictionaryc. product backlogd. project baseline
Which of the following statements about a work package is always true?a. It requires the work of the entire project team.b. It is the responsibility of the project manager.c. It is the lowest level
During WBS creation on a large, complex project, the product and project deliverables are broken down into progressively lower levels of detail.Once the WBS has been defined at the second or third
Put the following Agile terms in order from largest to smallest:a. Themes, features, user storiesb. User stories, features, themesc. Features, user stories, themesd. User stories, themes, features
A “component of the project management plan that describes how the scope will be defined, developed, monitored, controlled, and verified” is the ____________________.a. project statement of
A grid that links product requirements from their origins (e.g., business reason needed, stakeholder who requested them) to the deliverables that satisfy them is referred to as a
Which of these is not a component of a Project Scope Statement?a. summary budgetb. project deliverablesc. product scoped. project exclusions or boundaries
The key factor that differentiates scope planning in plan-driven and agile projects is:a. Stewardship of assetsb. Uncertainty of requirementsc. Acceptance criteriad. Stakeholder interviews
The process of breaking the WBS into smaller and smaller deliverables is called:a. decompositionb. functional designc. detailed specificationsd. value engineering
The Heritage Center Arboretum Vision Statement is: The Heritage Center and Arboretum is a living museum including large and small trees and woody bushes with many species of historical significance
When can the first draft of a project schedule be constructed?
What is the difference between an activity and a work package?
What is another name for activity on node diagramming?
What purpose do project milestones serve?
One potential problem that can occur with activity duration estimating is having omissions. What are three potential remedies for this problem?
What two methods can be used to determine the critical path of a schedule?
If an activity on the critical path falls behind schedule, what effect will this have on the entire project?
If a painted room must dry for four hours before work can continue, the result is a delay in the successor activity. The wait for the paint to dry is an example of a ________________.
A professor cannot grade his students’ exams until the students have completed taking the test. What kind of relationship is this?
How can a Gantt chart be helpful in project planning?
A lead is a change in the logical relationship that results in the _______________________ of the successor activity.
How do you calculate float? What is the difference between free float and total float?
What do Agile projects use instead of a Gantt chart to measure project progress?
What is used to create an Agile project schedule?
Describe the five factors that may limit how fast a project can be completed. Give an example of each.
What is meant by the Agile term velocity? How is it used to estimate a project’s schedule?
Why is an Agile project planned in detail just one iteration at a time? Give an example of a project that would work well using Agile scheduling and another example of a project for which traditional
You are the project manager assigned to build and decorate a model home. What might be an example of a lead you encounter when scheduling work activities? A lag?
Describe the process used to calculate float.Describe how you can tell if it is total float or free float.
Label the box below to create a two-pass schedule legend.
If the learning rate is 60% and the first time the activity was performed took 200 minutes, the second time performing the activity should take _____________________ minutes, and the fourth time
In the example below, label which activities are predecessors and which activities are successors. A B C
Identify the critical path for the network in Exercise 5. How long should the project take?Exercise 5Calculate early start, early finish, late start, late finish, and float for each of the activities
Given the information below, create the project schedule network. Then, using the two-pass method, calculate and show the early and late starts and float for each activity and the critical path. Show
Given the information below, create the project schedule network. Then, using the enumeration method, calculate and show all of the paths through the network. Show how long each path will take.
Using the data below, schedule the problem in MS Project. Display and print the schedule in a Gantt chart showing the critical path and the predecessors. WBS Activity 1 1.1 1.2 1.3 2 2.1 2.2 2.3 2.4
Using the data below, schedule the problem in MS Project. Display and print the schedule in a Gantt chart showing the critical path and the predecessors. A B D E F G H I Activity Evaluate freezers
Using the information for Exercise 8.8, input the data into MS Project. Display and print the schedule in Gantt chart format, as shown in Exhibit 8.19Exercise 8.8Given the information below, create
Using the information for Exercise 8.9, input the data into MS Project. Display and print the schedule in Gantt chart format, as shown in Exhibit 8.19.Exercise 8.9Given the information below, create
Create a project schedule on a Gantt chart by hand, showing the critical path and all float for a project in which you plan a campus event. You may use the scope statement and/or WBS from exercises 2
The Midlands Company is eager to develop a project schedule. They have already completed the scope statement, work breakdown structure, and schedule management plan. What is the next thing they
Which of the following is not a characteristic of an activity?a. It is a distinct, scheduled portion of work performed during a project.b. It has clear starting and ending points.c. It is defined
Another term for “activity on node,” the most commonly used technique for constructing a schedule model, is:a. precedence diagramming method (PDM)b. arrow diagramming method (ADM)c. activity on
You are planning the schedule and come to an activity that you are unfamiliar with. Your SMEs give you the following time estimates: most likely= 5 hours; optimistic = 2 hours; pessimistic = 14
A critical path activity has ___________________ float during the planning process.a. the mostb. zeroc. negatived. positive
The Bluestar Creative Agency is developing a new marketing campaign for a client. They have determined that the client’s marketing plan must be completed before the graphic design can begin.This
In Agile planning, a(n) _________________ is a requirement that is written from the end user’s perspective.a. epicb. iterationc. storyd. theme
A Gantt chart represents project schedule information in an easy-to-read, graphical format.Which of these is not a component of this type of Gantt chart?a. activitiesb. budget datac. start and end
As a project manager, which of the following situations would concern you the most?a. a three-day delay on an activity with five days total floatb. realizing that an activity on your critical path
How do you calculate Late Start, using the two-pass method?a. Late Finish – Durationb. Duration – Early Startc. Early Finish – Early Startd. Late Finish – Early Finish
As of writing this book, four releases of six months each have been accomplished, and a fifth six-month release is in progress. By agreement with various stakeholders, future releases will be every
In addition to technical skills, what other skills must a project manager look for to successfully resource a project?
Why is it important to involve workers in the planning phase of a project when possible?
What does a staffing management plan address?
What are the three “r” activities that take place near the end of a project, regarding team members and timing issues?
What does RAM stand for, and what is its purpose?
What does each column of a RACI chart depict?
Why is it necessary to have only one person assigned primary accountability for an activity?
What can a project manager use to help determine if workers are overloaded?
Whom should the project manager consult when performing resource leveling?
What will happen to a project’s schedule if an activity on the critical path is delayed? If an activity is not on the critical path?
Regarding resource leveling, why are non-critical path activities generally the first to be delayed?
What are the two techniques used to compress a project schedule?
When crashing a project, what two criteria are considered when deciding which activities to speed up?
In addition to the predecessor–successor relationships, what does critical chain project management (CCPM) factor into its scheduling?
Who develops the schedule when using Reverse Phase Scheduling?
Compare a project you’ve worked on that was limited mostly by activities with another project you’ve worked on that was limited mostly by resources.Which did you find more challenging? Why?
Give an example of what is given up in a project when it is crashed and when it is fast-tracked and an appropriate time to use each.
As a project manager, how can you ensure that your activity and resource estimates are as accurate as possible?
Give an example of a project on which you might expect to see Reverse Phase Scheduling.
How are resources scheduled on Agile projects as compared to resource scheduling on traditional projects?
Who leads an Agile project team? Might this change throughout the project?
What information must you have and what judgment must you exercise to successfully utilize a project planning software like MS Project?
Crashing the following activity chains would save time and cost extra money as follows:AGJQ—2 days $300 CDIL—3 days $400 Which sequence of activities would you, as a project manager, choose to
A _____________ addresses when and how project team members will be acquired and how long they will be needed.a. resource histogramb. staffing management planc. project organization chartd.
The process “Estimate Activity Resources” involves identification of the _____________ and _____________ of resources required for each activity within a work package.a. types; quantitiesb.
A schedule in which activities have a firm, fixed order of completion is most likely:a. resource-constrainedb. cost-constrainedc. scope-constrainedd. none of the above
A “schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration” is referred to _____________ as .a.
In RACI chart, the single individual who will have to provide an explanation if something goes wrong is indicated with a(n) _____________a. R—Responsibleb. A—Accountablec. C—Consultd. I—Inform
The “process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan” is called _____________.a. Identify
After creating a Staffing Management Plan, the project manager and team might create a chart that provides a visual representation of project resource needs by type of resource and time period
An iterative planning technique where “the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level” is referred to as
When the demand for resources is greater than the available supply, the project manager can use a scheduling method that adjusts the start and finish dates of activities to address resource limits or
Using the data below, create the project schedule in MS Project. Be sure to use both the predecessor relationships and the resource assignments. Use a split-screen to show both the Gantt chart with
The team planning and managing the arboretum development project is composed mostly of volunteers but includes some township staff. Several volunteers have related professional experience and
What type of cost does not depend on the size of a project?
During which phase of a project do recurring costs typically occur?
What are some examples of expedited costs?
What is the purpose of an order of magnitude cost estimate?
Which method of estimating can produce the most accurate estimate: parametric or bottom-up?
What are some examples of supporting detail pertaining to cost estimates?
What does the Agile term “shift left” mean?
What can be used to determine whether a vendor’s bid is reasonable?
Define value engineering.
For a routine project, what is a typical percentage of total project costs that should be placed into contingency reserves? For an unusual project?
What is used to compare actual project spending with planned expenditures to determine if corrective action is needed?
Describe the difference between direct and indirect project costs.
During which phase(s) of a project do nonrecurring costs typically occur? Give an example of a nonrecurring cost.
The project manager at a software company predicts their project’s costs based on previous projects they have worked on that were similar. (They take into account the differences between their
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