MGMT 404 Midterm Exam 100% Correct Answer
https://homeworklance.com/downloads/mgmt-404-midterm-exam-100-correct-answers/
| Multiple Choice |
| (TCO 1) Which step of the project life cycle creates the project charter? |
| Initiation |
| Planning |
| Monitoring and control |
| Close out |
| (TCO 1) Which document is created during the initiation phase of a project? |
| The scope |
| The project schedule |
| The project charter |
| The project communication plan |
| (TCO 1) A project is defined as a(n) _____ endeavor undertaken to create a(n) _____ product, service, or result. |
| challenging; new |
| temporary; unique |
| new; challenging |
| ongoing; unique |
| (TCO 1) Projects have specific attributes. Which of the following is not an attribute of a project? |
| It is an ongoing endeavor. |
| It has a defined objective. |
| It requires resources. |
| It has a defined start and stop. |
| (TCO 1) The purpose of a project charter is to |
| define the project. |
| allow for the creation of a WBS. |
| authorize the project. |
| define detailed project risks. |
| (TCO 1) Which document on a project authorizes the project manager to begin work on the project? |
| The scope |
| The schedule |
| The charter |
| The risk management plan |
| (TCO 2) Which step of the project life cycle defines the project scope? |
| Initiation |
| Planning |
| Execution |
| Close out |
| (TCO 2) Which step of the project life cycle defines all of the project deliverables? |
| Close out |
| Planning |
| Monitoring and control |
| Initiation |
| (TCO 2) Project deliverables are created in the _____ , which is completed during the _____ phase of a project. |
| charter; execution |
| scope; planning |
| schedule; planning |
| charter; planning |
| (TCO 2) Which statement is an example of a project constraint? |
| “If the parts arrive late, we will not finish on time.” |
| “We must get permits before we start work.” |
| “I believe the contracts will be signed by the 15th.” |
| “The paving of the parking lot is a major piece of work for this project.” |
| (TCO 2) Which statement is an example of a project assumption? |
| “If the parts arrive late, we will not finish on time.” |
| “We must get permits before we start work.” |
| “I believe the contracts will be signed by the 15th.” |
| “The paving of the parking lot will be completed within this project.” |
| (TCO 2) Which statement is an example of a project deliverable? |
| “If the parts arrive late, we will not finish on time.” |
| “We must get permits before we start work.” |
| “I believe the contracts will be signed by the 15th.” |
| “The paving of the parking is lot is major piece of work for this project.” |
| (TCO 3) The critical path in a project describes which of the following? |
| The path containing the most important pieces of work |
| The longest path in a project |
| The activities with the highest risk |
| The activities with the highest cost to the project |
| (TCO 3) The amount of time an activity can be delayed without impacting the end date of the project is known as what? |
| Project risk |
| Slack |
| Critical path |
| Early start |
| (TCO 3) The longest continuous path of activities from beginning to end on a project describes the |
| deliverables. |
| slack. |
| critical path. |
| work packages. |
| (TCO 3) Hammock activities are used to do which of the following? |
| Ensure critical path work is done on time. |
| Capture lessons learned on two or more activities. |
| Summarize duration and cost information on related activities. |
| Provide information on project slack. |
| (TCO 3) What values are calculated on the forward pass of a project network? |
| Early start; late start |
| Early start; early finish |
| Late start; late finish |
| Early finish; late finish |
| (TCO 3) What values are calculated on the backward pass of a project network? |
| Early start; late start |
| Early start; early finish |
| Late start; late finish |
| Early finish; late finish |
| (TCO 5) In which process of risk management is the risk register initially created? |
| Plan risk management |
| Identify risks |
| Control risks |
| Qualitative risk analysis |
| (TCO 5) In which process of risk management are risks prioritized or ranked? |
| Plan risk management |
| Identify risks |
| Control risks |
| Qualitative risk analysis |
| Collapse Question MC 7. (TCO 5) In which process of risk management are proactive and reactive strategies considered? |
| Plan risk management |
| Plan risk responses |
| Control risks |
| Qualitative risk analysis |
| Collapse Question MC 8. (TCO 5) A risk matrix is used to _____. A risk register is a _____. |
| prioritize risks; list of risks |
| identify risks; way to categorize risks |
| create risk strategies; way to monitor negative risks |
| simulate project risks; way to categorize risks |
| Collapse Question MC 8. (TCO 5) Contingency plans are created |
| to proactively address the risk. |
| to respond to the risk should the risk occur. |
| to gather information on vital risks. |
| to avoid red risks in the project plan . |
| Collapse Question MC 8. (TCO 5) A risk matrix is used in _____ to _____. A risk register is a _____. |
| qualitative risk analysis; prioritize risks; list of risks |
| quantitative risk analysis; identify risks; way to categorize risks |
| qualitative risk analysis; create risk strategies; way to monitor negative risks |
| risk identification; simulate project risks; way to categorize risks |
No comments:
Post a Comment