It is good practice to have the resources responsible for completing the work to assist with the cost andPart $2$: General Multiple Choice

A project is$?$

a$.$ Temporary

b$.$ Ongoing

c$.$ Unique

d$.$ Both A and $C$

A is a hierarchical decomposition of the project work scope into work packages that produce

the project deliverables.

a$.$ Statement of work

b$.$ Project scope document

c$.$ Network diagram

d$.$ Work breakdown structure

What range of $\frac{C}{P}$I indicates that a project is currently experiencing a cost overrun $($over budget$).$

a$.\frac{C}{P}$I $>1$

b$.\frac{C}{P}$I $<mn\; id="EditorElement\_808887">1</mn>$

c$.\frac{C}{P}$I $=1$

d$.$ None of the above

Earned Value, the value of

is a key parameter that must be determined throughout the

project.

a$.$ The work scheduled

b$.$ The resources used

c$.$ The resources assigned

d$.$ The work actually performed

A method for calculating the estimate at completion assumes that the work to be performed on the

remaining portion of the project or work package will be done at the same rate of efficiency as the work

performed so far. If the cost performance index is greater than $1\mathrm{.}0,$ then:

a$.$ The EAC is greater than the BAC

b$.$ The EAC is less than the BAC

c$.$ The FCAC cannot be calculated with the CPI

Which of the following is NOT an example of a risk response to a threat $($negative impact$)$:

a$.$ Risk acceptance

b$.$ Risk mitigation

c$.$ Risk enhancement

d$.$ Risk avoidance

duration estimates.

a$.$ True

b$.$ False

There can be situations where the project objective needs to be modified as the project proceeds.

a$.$ True

b$.$ False

Our duration and cost estimates should be aggressive and unrealistic to help our proposal win or project

get approved.

a$.$ True

b$.$ False

A project charter should include a detailed schedule and cost estimate.

a$.$ True

b$.$ False

If the total project float is zero $(0),$ activities on the path do not need to be accelerated but cannot be

delayed.

a$.$ True

b$.$ False

A program comprises of related projects that are managed in a coordinated manner to obtain benefits

which are not usually available from managing them individually.

a$.$ True

b$.$ False

Project lifecycle phases are all done sequentially with no overlap between then.

a$.$ True

b$.$ False

Estimating activity costs, durations, and resources are all processes done during the executing phase.

a$.$ True

b$.$ False

Once a project begins, it must be carried through until the entire project scope is complete.

a$.$ True

b$.$ False

"Pouring concrete" and "waiting for concrete to cure" are both examples of activities.

a$.$ True

b$.$ False

Resource$-$limited scheduling will sometimes cause the project's duration to be extended.

a$.$ True

b$.$ False

A Request for Quote $($RFQ$)$ should be used when the customer is not sure what they need.

a$.$ True

b$.$ False