Organizational structure should be addressed in the project final report.
The details of the project work force are discussed in the Resource Requirements
section of the project master plan.
It is easiest to see lead and lag time in a project task on a PERT/CPM networks.
The way project termination is managed can impact the project’s success.
Project team members are often faced with conflicting orders in a matrix organization.
As a rule of thumb, the number of factors included in a scoring model should be at least
10.
Mind mapping is a whole-brain approach that is particularly applicable to project
management.
In project management, it is often necessary to trade-off one objective for another.
Project termination should be treated as a mechanistic process.
Scoring methods were developed to overcome some of the disadvantages of simple
financial profitability methods.
Political savvy is not only an important characteristic of a project manager but is also
important for project team members.
Pools of like workers are most useful when labor is subdivided into highly specialized
subtasks.
Because project budgeting is for a special case and the organization’s budgeting process
is for routine work, the project manager need not be familiar with the organization’s
accounting system.
It is generally advisable to have the project manager serve as the termination manager.
The primary purpose of project evaluation is to given feedback to senior management
for decision and control purposes.
A disadvantage of using scoring models rather than financial models for selecting
projects is that they cannot include the project’s profitability.
The functional manager has expertise in the function he or she manages, but the project
manager rarely has expertise in many of the project’s technical areas.
Events in a project consume no resources or time.
Organizations can use both top-down and bottom-up budgeting.
The result of game theory analysis is a Risk Priority Number.
Applying “line balancing” techniques to balance the capacity of a project typically
yields significant benefits.
The difference between LST and LFT is called slack.
The project manager is supposed to facilitate the work of the project team and must,
therefore, stay aloof from the conflicts arising among project team members.
Predecessors must be listed in the WBS because they are critical for scheduling.
Resource loading refers to the amounts of specific resources that are scheduled for use
on specific activities or projects at specific times.
The initial project meeting is just to coordinate the project, so areas of responsibility do
not need to be discussed.
The most important use of data gathered from monitoring is learning from mistakes.
The project manager can plan at all levels of the project.
Achieving both strategic and routine goals are growing in importance in project
management.
The purpose of control is to ensure that all interested parties have the information they
need.
You can depict who is responsible for a task on a RACI.
The project final report is a history of the project.
It is often the case with particularly challenging or uncertain projects that the
planning-monitoring-controlling effort is minimized so that the “real work” can be
done.
Resource loading refers to the amounts of specific resources that are scheduled for use
on specific activities or projects at specific times.
The as late as possible priority rule is considered the standard scheduling rule.
Too often, intensity of activity is measured instead of results.
Project audits are typically very useful in the initiation project state.
The timing of an audit depends on the purpose of the audit.
Which of the following linkages is used to start two or more activities at the same time?
a) finish-to-start
b) start-to-start
c) finish-to-finish
d) start-to-finish
e) They can all be used to start two or more activities at the same time.
Which of the following is not a primary mechanism by which the PM exerts control?
a) reviews
b) personnel assignments
c) audit reports
d) resource allocation
e) all of the above are mechanisms by which the PM exerts control
The four important dimensions for measuring project success include the following
except…
a) Efficiency in meeting the budget and schedule
b) Customer impact/satisfaction
c) Business/direct success
d) Future potential
e) Planning
The name given to the budget process that aggregates income and expenditures across
projects is:
a) activity-oriented budget
b) top-down budget
c) bottom-up budget
d) program-oriented budget
e) activity-based costing
The safety time added to chains other than the critical chain is called…
a) feeding buffer
b) project buffer
c) path buffer
d) critical buffer
e) team buffer
What is the primary purpose of creating a work breakdown structure?
a) to draw the project plan as a chart or tree
b) to make sure important tasks are identified
c) so that all team members can see what others are working on
d) to assign budget numbers to tasks
e) to make sure team members can communicate effectively
A problem with bottom-up budgeting is:
a) individual team members overstate their budget needs
b) lack of involvement from the project team
c) underestimating the project task’s budget requirements
d) all of the above
e) none of the above
Which of the following is not true concerning the difference between the project
manager (PM) and the traditional manager TM)?
a) the PM is a facilitator the TM is a technical supervisor
b) the PM is a generalist the TM is a specialist
c) the PM must be able to integrate tasks; the TM must be able to analyze tasks
d) the PM uses an analytical approach the TM uses a systems approach
e) all of the above are true
Allocating specific, limited resources to specific activities is called…
a) resource allocation
b) resource leveling
c) resource tracking
d) expediting a project
e) crashing a project
Which of the following is not a distinct type of report?
a) exception
b) special analysis
c) critical incident
d) routine
e) all of the above are distinct types of reports