The amount of resources a project can use depends in part on the timing of the
allocation.
A disadvantage of using beta distribution to approximate activity times is that it is
generally less flexible than the normal distribution.
In order to manage for overall project success, control must be exercised at the detailed
work level for each aspect of project performance.
Rank-ordering a large number of projects can be done with a Q-sort.
Overhead and indirect charges should not be assigned to a project.
Remarks should be directly attributed to individuals in the meeting minutes.
The CPM method cannot be used when task durations are probabilistic.
Crashing non-critical activities will influence project duration.
A disadvantage of Gantt charts is that they are hard to draw.
The most effective program managers tell their project managers exactly what to do.
The project manager should not allow functional managers to usurp his or her control of
the project.
The project manager should take a careful, analytic approach to making decisions about
projects.
Termination-by-integration occurs when an “in-house” project is successfully
completed and institutionalized as a new, formal part of the organization.
For a self-directed team to be successful, team members must be given their authority
and mission by senior management.
To maximize efficiency, project team meetings should follow Robert’s Rules of Order.
The project’s budget is merely the sum of its resource costs.
If task duration estimates are carefully made, the project manager needs to only
examine the critical path when conducting a risk analysis.
Bottom-up budgets are usually more accurate in the detailed tasks.
The actual project duration will be known with certainty after the project is completed.
Exception reports are primarily intended for unexpected situations.
The go/no-go control takes the form of tests (sensors) to determine if some specific
precondition (standard and comparator) has been met before permission is granted to
continue (decision maker and effector).
The project audit is typically broader than the traditional management audit.
The individual with responsibility for performing a task is more likely to overestimate
the time required to complete the task than his/her immediate supervisor.
As a rule of thumb, the lowest level tasks in a typical project should not take longer
than two days to complete.
An event is a series of connected activities.
A PM does not need to understand why a project is selected for funding because he did
not initiate the process.
Intrateam conflicts are minimal in a matrix organization.
Earned value is a measure for overall project progress in terms of performance, budget
and schedule.
Projects success is not determined by the portfolio of projects in an organization..
One limitation of Microsoft Project is that all resources must share the same availability
calendar.
A start-to-finish linkage is the most common way of linking to successive task.
A project schedule is a project action plan converted into a timetable.
Good project managers are able to estimate project task times with absolute certainty.
Everyone associated with the project should receive the same information.
The project manager recognizes an expense when an invoice is actually paid.
The project audit focuses its attention on the organization’s management systems and
operations.
The first unit required 6 hours. If the industry uses a 90 percent learning rate, how long
should the fourth unit take?
a) 6 hours
b) 4.86 hours
c) 3.75 hours
d) 3.34 hours
e) 2.67 hours
The practice of assigning project team members to multiple projects is called…
a) concurrent engineering
b) parallel activities
c) fast-tracking
d) project crashing
e) multitasking
Which of the following is not a sub-process associated with risk management?
a) risk identification
b) risk measurement
c) qualitative risk analysis
d) quantitative risk analysis
e) risk response planning
The skill of persuasion has the following parts
a) Credibility
b) Common goals
c) vivid language and compelling evidence
d) connection to emotions
e) all of the above
The cost/spending variance is calculated as…
a) AC – EV
b) EV- PV
c) PV – EV
d) AC – PV
e) EV – AC
SMT standards for
a) staff, management, and technicians
b) strategic management of technology
c) significant management task
d) structured matrix template
e) self-managed teams
Which of the following is not a component of a control system?
a) effector
b) sensor
c) decision maker
d) leveler
e) standard
The budgeting approach based on the collective judgments of top and middle managers
is called:
a) top-down budgeting
b) bottom-up budgeting
c) activity budgeting
d) program budgeting
e) life cycle budgeting
Which of the following is not true regarding top-down budgeting?
a) It is based on the collective judgments of top and middle managers.
b) Overall project costs are estimated by top and middle managers and then passed on
to the next lower level.
c) The overall budget cost is generally not very accurate.
d) Overlooking small but important tasks can lead to a serious budgetary problem.
e) All of the above are true concerning top-down budgeting.
Which of the following is typically not included in the project final report?
a) administrative performance
b) project performance
c) organizational structure
d) project teamwork
e) risk analysis and risk management
The project manager is responsible to:
a) the parent organization
b) the project team
c) the project’s client
d) the project manager’s immediate supervisor
e) all of the above
Which of the following statements is not true about a firm and its project accounting?
a) each firm has its own rules with regard to the allocation of overhead
b) most firms must comply with the Sarbanes-Oxley Act
c) the project manager must rely on the accounting department to make special
allowances for his/her project
d) most firms have their own accounting idiosyncrasies
e) unexpected charges may suddenly appear when the PM least expects it
Which of the following information should not be contained in an audit report?
a) Introduction
b) final comments
c) Risk analysis
d) future project status
e) Project RACI matrix
The aggregate project plan can be used for the following except:
a) View the mix of projects within each illustrated aspect
b) Determine the profitability of the projects
c) Analyze and adjust the mix of projects within each category or aspect
d) Identify and adjust the gaps in the categories, aspects, sizes and timing of the
projects.
What is it a milestone?
a) a significant event in the project
b) a mark on a chart that depicts project progress
c) an activity on the critical path
d) an activity with an uncertain completion time
e) all of the above
Which of the following is not a tool used to aid the PM in project control?
a) variance analysis
b) trend projections
c) earned value analysis
d) control charts
e) discounted cash flow analysis
Which of the following is not commonly used to help select a priority rule?
a) schedule slippage
b) resource utilization
c) in-process inventory
d) cost overruns
e) all of the above are used
Which of the following is not a category in the RACI matrix?
a) Responsible
b) Interpret
c) Accountable
d) Consult
e) Inform
Which of the following is not a characteristic of effective project team members?
a) They are technically competent.
b) They are politically sensitive.
c) They have a strong orientation to their discipline.
d) They have a strong goal orientation.
e) They have high self-esteem.
The ________________________ attempts to link the organization’s projects directly to
the goals and strategy of the organization.
a) the product-process matrix
b) the balanced scorecard
c) the action plan
d) project portfolio process
e) the work breakdown structure
SDT stands for
a) study, design, test
b) self-directed team
c) significantly delayed task
d) standard design task
e) standard development tool
The following components are required for project control except;
a) Sensor
b) Comparator
c) Decision maker
d) Standard
e) Regulator
Which of the following priority rules makes resources available so that activities start
on their LSTs whenever possible without increasing the project’s duration?
a) as soon as possible
b) as late as possible
c) shortest task duration first
d) minimum slack first
e) most critical successor
The task duration with standard-practice resource usage is referred to as the…
a) expected task duration
b) nominal task duration
c) crash duration
d) normal task duration
e) planned task duration
The first step in setting up a monitoring system is to:
a) identify personnel
b) identify all project milestones
c) identify key factors to be controlled
d) identify reports required
e) develop a change request form
Which of the following is not a typical step in a project audit?
a) familiarize the audit team with the requirements of the project
b) collect benchmark data from other similar projects
c) audit the project on-site
d) write-up the audit report in the required format
e) distribute the report
Altering the specifications of an ongoing project is referred to as
a) suboptimization
b) scope creep
c) a virtual project
d) projectitis
e) PMI
A matrix that illustrates the magnitude of both product and process changes resulting
from a project is called
a) the aggregate project plan
b) the product-process matrix
c) the aggregate master production schedule
d) the balanced scorecard
e) the R&D project portfolio
Which of the following audits is typically performed by a person or team with special
technical skills?
a) the general audit
b) the detailed audit
c) the aggregate audit
d) the quality audit
e) the technical audit
What is the standard deviation of a task with optimistic, most likely, and pessimistic
times of 3, 4, and 7 days respectively assuming the estimates were made at the 99%
plus level?
a) .444
b) .667
c) 1.212
d) 1.469
e) 1.540
Which of the following are projects?
a) the design and development of a new product
b) gathering and entering employment data for a Bureau of Labor Statistics
quarterly report
c) producing a car on an automobile assembly line
d) a and b above.
e) a, b, and c above.
According to research, which of the following is not an important dimension of project
success?
a) project efficiency
b) project team cohesiveness
c) customer impact/satisfaction
d) business/direct success
e) future potential
According to research, the best overall priority rule is…
a) as soon as possible
b) as late as possible
c) shortest task duration first
d) minimum slack first
e) most critical successor