Question: select the right answer Question 1 - Resource-limited scheduling will: Develop the shortest schedule with fixed resources Not extend the project completion time Minimize fluctuations

select the right answer

Question 1 - Resource-limited scheduling will:

Develop the shortest schedule with fixed resources

Not extend the project completion time

Minimize fluctuations in resource utilization

Not consider resource availability

2)

Question 2 - The stage of team development where we start to have a sense of team:

Storming

Performing

Norming

Forming

3)

Question 3 - The organizational structure where the project manager has complete project and administrative authority over the project is:

Autonomous project organizational structure

None of them

Matrix organizational structure

Functional organizational structure

4)

Question 4 - The Risk assessment Matrix contains:

Risk event, Degree of impact, Likelihood of occurrence, response plan

Priority of the risk, Degree of impact, Likelihood of occurrence, response plan

Response plan: Avoiding, mitigating or accepting the risk

Cost of the risk, Degree of impact, Likelihood of occurrence, response plan

5)

Question 5 - Mitigate the risk is:

Deal with the risk when it occurs

Passing risk to another party like an insurance

Take action to reduce the likelihood of occurrence or the potential impact of the risk

Eliminate the risk by choosing different course of action

6)

Question 6 - In a Matrix organizational structure:

All resources are assigned full time

The project manager has a total control over resources

Customer focus is not important

Resources are used efficiently

Question 7 - The actions of closing the project are:

Collecting and making payment, completing the risk assessment matrix, Conducting post-project evaluation

Collecting and making payment, Documenting lessons learned, complete the project charter

Collecting and making payment, Organizing and archiving project documents, Conducting post-project evaluation

Collecting and making payment, Accepting deliverables, Conducting post-project evaluation

Question 8 - Which tool presents the expected utilization of resources by time period:

Resource requirements plan

Responsibility assignment matrix

Gantt chart

Baseline Plan

Question 9 - What are some of the steps of the problem solving approach:

Identify potential causes of the problem, Gather data, Identify possible solutions, Determine the best solution

Inform the sponsor and ask for his input, Verify the most likely causes identified by the sponsor, Identify possible solutions

Develop a problem statement, Brainstorming, Determine the cheapest solution

Hold a design review meeting, Gather data, Identify possible solutions, Determine the best solution

10)

Question 10 - The Key to effective cost control is to:

Calculate Cost Variance and Cost Performance Index

Calculate and compare the Earned Value to the Actual costs

Analyze cost performance on a regular basis and take any corrective actions if needed

Compare Actual costs to Planned costs

Question 11 - Post-project evaluation is important because:

All the above

We identify what can be done to improve the performance on future projects

We collect personal impressions from the team members

We review and evaluate the performance of the project

Question 12 - Changes may be:

Initiated by the customer

Initiated by the project team

All the above

Caused by unanticipated occurrences

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!