For This and Any Other Courses,Assignments,
Disscussions,Quizes,Final Exams,Test Banks And Solution Manauals
1.
Which of the following
schedule compression techniques is often the lowest risk and with the added
benefit of lowering the cost?
2.
If the optimistic time for
an activity is 6 weeks, the pessimistic time is 24 weeks and the most likely
time is 12 weeks, then the expected duration is:
3.
An activity in a network
has the following characteristics: ES = 5, EF = 9 and LF = 12. LS = _____.
4.
Which of the following
network diagramming methods do not use dummy activities?
5.
Smoothing out project
resources from period to period is called
6.
If the slack in a 12 week
activity is 6 weeks and ES = 4, then LF = _____.
7.
In which of the following
schedule compression techniques is the cost of rework usually the greatest?
8.
Which type of chart
provides the least “predictive” value?
9.
Which of the following is
normally not one of the three critical parameters provided in information
reporting to the customer?
10.
A charting technique
designed to illustrate the inductive and deductive reasoning necessary to
achieve some objective is called a _____ Diagram / network
11.
Which of the following is
generally not part of capital budgeting?
12.
Which of the following
components of life cycle costing incurs the largest cost?
13.
Which of the following
projects would most likely have reasonably good estimating techniques?
14.
Which of the following
standard project estimating techniques is usually accomplished in weeks?
15.
When a functional manager
tells you that your project is 10% more difficult than the standard project,
the functional manager is providing you with a _____ estimate.
16.
An employee earning
$40/hour works in a department where the overhead is 125%. A billable or charge
back hour to this department would be:
17.
Pricing out the
construction cost of a home by a cost per square foot would be representative
of a _____ estimate.
18.
Material provided in a
proposal to justify one’s estimates are called:
19.
The form that is used to
establish charge numbers is the:
20.
The best source of revenue
for a customer-requested scope change is:
21.
If SPI = 1.05 and CPI =
0.96, the project’s trend is:
22.
The best method to price
out a work package is to use the:
23.
The difference between the
cost baseline and the contracted cost is the:
24.
If PV = $100, EV = $200 and
AC = $300, the status is:
25.
The 50-50 rule is a
technique used to determine:
Final Exam Part 2
1.
Which of the following
generally gets reduced during tradeoffs?
2.
Which of the following is
normally not one of the three parameters considered during tradeoffs?
3.
If a project manager
believes in a reactive rather than proactive risk management approach, he/she
is using:
4.
Monte Carlo simulation is a
technique used as part of:
5.
Which risk handling mode is
a project manager using if he / she throws out one of three designs for a new
product?
6.
Brainstorming, assumption
analysis and WBS decomposition are techniques used for:
7.
If there’s a 40% chance of
making $1 million and a 60% chance of losing $600,000, then the expected
monetary outcome is.
8.
Risk constitutes a lack of
knowledge _____.
9.
Assigning high, medium or
low to a potential risk is part of:
10.
An investor has a 25%
chance of making $1000 if the stock market is good, and a 50% chance of making
$600 if the market is average. The investor expects to lose $800 if the market
is bad. The expected monetary value is:
11.
Which of the following
contract types has the greatest risk with the seller?
12.
Which of the following
contract types has the greatest risk with the buyer?
13.
The type of contract where
all of the seller’s costs are reimbursed and the seller will also receive a
percentage of the profit pool based upon how well the buyer likes the end
result is a _____ contract.
14.
An intentional
relinquishment of a legal right is a (n):
15.
_____ source contracting is
when there exists only one supplier in the market-place to satisfy the
requirements of the contract.
16.
Which of the following is
not one of the three types of specifications discussed in the text?
17.
Which type of cost-plus
contract provides the seller with a guaranteed dollar-value profit rather than
as a percentage?
18.
During contract negotiations,
the goal of the seller is to:
19.
The fact that random
variation is always present in any process is called:
20.
The person ultimately
responsible for the quality of the deliverable is the:
21.
Acceptance sampling is a
statistical process for evaluating a portion of lot for the purpose of:
22.
Quality is defined by the:
23.
Which of the following
quality gurus focused on the four absolutes of quality?
24.
The plan-do-check-act cycle
is attributed to:
25.
In which project life cycle
phase does quality begin?
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