Devry MGGMT404 quiz 7 october 2015

1. (TCO 4) An example of parametric estimating would be: (Points : 5)

If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same server.

Senior management has said this project will cost $10,000.

The consulting company doing the work estimates the work to cost $40,000.

A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.

Question 2. 2. (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is .68. What does this mean to you? (Points : 5)

The project is doing fine. No corrective actions are needed.

The project is slightly ahead of schedule. No corrections are needed.

The project is slightly behind schedule. Corrections are needed.

The project is very much behind schedule. Immediate corrections are needed.

Question 3. 3. (TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5)

Servers needed to complete an IT project

A consultant for a construction project

Cranes to support the making of a movie

Administrative services serving two projects

Question 4. 4. (TCO 7) Which of the following is an example of a formal written form of communication? (Points : 5)

Meeting notes made at a meeting with the VP of the company

E-mails between an important client and yourself

Contracts with a client

A memo from the senior VP of the company

Question 5. 5. (TCO 8) What document provides the project manager with information as to whom must be consulted and informed of the completion of a particular project activity? (Points : 5)

The WBS

The RACI

The OBS

The RBS

Question 6. 6. (TCO 8) You are the project manager of a large, virtual financial project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5)

Establish a code of conduct for the project team.

Create a process to handle conflict.

Ensure all members of the team fully understand the project scope.

Hold face-to-face meetings whenever possible.

Question 7. 7. (TCO 9) Stand-up meetings in agile project management do all of the following except which? (Points : 5)

Provide project status.

Report on anticipated issues.

Permit group problem resolution.

Enhance collaboration.

Question 8. 8. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5)

Milestones prevent scope creep.

Milestones permit reevaluation of client needs.

Milestones allow for periodic reviews of the project.

Milestones can motivate the project team.

Page: 1 2

page 2

Question 1. 1. (TCO 4) Compare and contrast top-down and three-point estimating techniques. (Points : 20)

Question 2. 2. (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars.

	Project A	Project B
EV	650	550
PV	750	575
AC	675	525

(Points : 20)

Question 3. 3. (TCOs 4 and 6) Describe the 4-step general model of project control. Provide examples of each step. (Points : 20)

Question 4. 4. (TCO 8) Compare and contrast leaders versus managers on a project. (Points : 20)

Question 5. 5. (TCO 9) Most projects completed using traditional project management are done in a weak matrix organization. Most projects completed in an agile project management framework use a strong matrix or pure project environment. Why is this so? (Points : 20)