Project management Multiple choice

6- Mohamed is managing a new project. He realizes that managing project stakeholder expectations is an important priority. Which statement on project stakeholders is NOT correct

A- Negative stakeholders must be ignored if the project has to be successfully completed

B-Stakeholders have varying levels of responsibility and authority when participating on a project and these can change over the course of the project life cycle

C-Some key stakeholders include project manager, operations management, project team, customers, and sponsor

D-Stakeholder expectations may be difficult to manage, because stakeholders often have very different or conflicting objectives

7- Joseph receives a frantic phone call from his functional manager who says he is going to meet with the CEO in 10 minutes to discuss a complex project. He asks Joseph how much the project will cost. Joseph quickly thinks of a similar past project, and gives him an estimate. What type of estimate did Joseph just provide

A-Definitive

B-Budget

C-Rough Order of Magnitude

D-Detailed

8- Your company receives a new contract. It's your responsibility to take a decision on one of the modules of the project whether doing it in-house or assigning a contractor to it. All of the following are true about the make-or-buy analysis EXCEPT

A-It should consider all related direct costs but should not consider indirect support costs

B-Budget constraints may influence make-or-buy decisions. If a buy decision is to be made, then a further decision of whether to purchase or lease is also made

C-A make-or-buy analysis is a technique used to determine whether particular work can best be accomplished by the project team or should be purchased from outside sources

D-Available contract types are considered during the buy analysis. The risk sharing between the buyer and seller determines the suitable contract types

9- Roger was a resistant stakeholder on the project. Tom, who is the project manager, provided regular updates to him and now Roger is supportive of the project. The responsibility of stakeholder expectations management usually lies with the:

A-Project management team

B-Project manager

C-Project team

D-Project manager, project sponsor, and project management team

10- You are working on a software development project. You are really concerned about the day-to-day activities of the project work. You decide to calculate the early and late start and finish dates for your project activities. This form of mathematical analysis is known as

A-Critical path method

B- Monte Carlo simulation

C- Program evaluation review technique

D-Activity duration estimating