Devry MGMT404 week 7 quiz

Devry MGMT404 week 7 quiz

Question # 00049959 Posted By: shortone Updated on: 02/22/2015 05:20 AM Due on: 02/27/2015
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MGMT404 quiz 7

Question 1.1.(TCO 4) An example of bottom up 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 1.18. What does this mean to you?(Points : 5)

The project is doing fine. It should be completed 18 months ahead of schedule.
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)

Concrete needed to complete a parking garage
A consultant for an IT project
Boats for a river rescue
Janitorial services for an entire building

Question 4.4.(TCO 7) Which of the following is an example of an informal verbal form of communication? (Points : 5)

A major status meeting with project clients on the project’s progress
Presentations to senior management on the project status
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 concerning what department and what individual is to provide HR support to his or her project?(Points : 5)

The WBS
The OBS
The RAM
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) Agile project managers make use of iterations. What are iterations also known as in agile project management? (Points : 5)

Sprints
Stand-up meetings
Stories
Burn down charts

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 2

Question 1.1.(TCO 4) Compare and contrast top-down and bottom-up project 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 Tuckman’s five stages in group formation to the punctuated equilibrium model of group formation. (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)

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  1. shortone
    Tutorial # 00047431 Posted By: shortone Posted on: 02/22/2015 06:32 AM
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