Question 1 1 pts Which project management technique is being described in this example? "We would start the first phase of the project. During this phase we would create a project charter and find out more about the work. We would look at the estimate and reconfirm that it was within 450 to 600 hours. As we completed the next phase, we would have completed requirements and completed scope. Now we knew so much more. Again, we would revisit our estimate." Select the most appropriate answer. O Progressive Elaboration O Project Evaluation O Progressive Estimates O Project ElicitationQuestion 10 1 pts When used wisely, progressive elaboration: Select the most appropriate answer. 0 Can contribute to honest conversations about project estimates. 0 Can be used to help increase estimates that were too low. 0 Can cause confusion about project schedule and budget. 0 Can be used by the sponsor to decrease project estimates. Question 2 1 pts You are preparing to create estimates with your team using your project work breakdown structure. One of the rst steps you take BEFORE you begin to discuss any numbers (cost or effort) is: Select the most appropriate answer. 0 Make sure the work packages are broken down to the right level. 0 Make sure you know the predecessor for each work package. 0 Make sure you know how each work package will be completed. 0 Make sure you all agree on what estimating approach to use. Question 3 1 pts As you lead your team in creating estimates, you ensure that you include the people who will perform the work. You also make sure that you have team members who understand scheduling and the various estimating techniques. This is an example of using: Select the most appropriate answer. 0 Expert Judgment O Parametric Estimating O Three-point Estimating O Analogous Estimating Question 4 1 pts Your project sponsor hasjust read an article on three-point estimating and asks you to use this approach when creating your project schedule. As you know, this means that instead of using just one estimate, you need three estimates for each work package. What are these three estimates? Seiect the most appropriate answer. 0 Most likely, optimistic, and pessimistic 0 Most likely, on time, and pessimistic 0 Most unlikely, overly optimistic, and popular O Most likely, least optimistic, and pessimistic D Question 5 1 pts You are following your sponsor's suggestion of using three-point estimates and your team has proceeded to gather the correct three data points for each activity. You did not have much historical data to work with, so when facing the choice of using either a triangular distribution or a beta distribution, which one do you use? Select the most appropriate answer. O Triangular O BetaQuestion 6 1 pts One of your team members tells you that if everything goes perfectly, he can complete a specic activity within 14 days. He also tells you that there was a time when he performed some similar work and everything that could go wrong, did go wrong. On that occasion it took him 47 days. When you push him to tell you what he really thinks the estimate will be, he tells you 27 days. You take this information and use the triangular distribution. The estimate that you come up with is: Select the most appropriate answer. 0 29.333 days 0 27.333 days 0 25.333 days 0 28.333 days Question 7 1 pts Your project coordinator has created an initial project schedule. She used the estimates that the team agreed upon. As you review the schedule, something seems off; you notice that the start and end dates of several activities are off. For example, the activity to review the design document is starting and ending on the same day, but you know that the design document will be in review for several days. Each of the reviewers will probably spend no more than around three hours actually doing the review, but this work will be spread out over several days. You realize that the schedule is off because your project coordinator: Select the most appropriate answer. 0 Used the same values for effort and duration 0 Used estimates from a different project 0 Used newly updated estimates in the schedule O Typed the numbers in incorrectly Question 8 1 pts You talk to your project coordinator about the schedule and explain to her the difference between effort and duration. Which statement provides the best explanation? Select the most appropriate answer. Q Effort is the labor units and duration is the work periods. 0 Effort is the work periods, and duration is the labor units. 0 Effort is the number of days and duration is the number of hours. 0 Effort is how hard a resource works and duration is how long they work. Question 9 1 pts It takes three people three hours each to review a design document. They will review the document over a period of four business days. Once your project coordinator updates the schedule and the effort and duration are corrected, what should their respective values be? Select the most appropriate answer. Q 9 hours of effort and 4 days of duration 0 9 hours of effort and 9 days of duration 0 4 days of effort and 4 days of duration O 4 hours of effort and 6 days of duration