Devry MGMT404 week 7 quiz June 2015

Question 1.1. (TCO 4) An example of resource leveling would be (Points : 5)

fast tracking a project to finish early.

crashing a project to meet a critical deadline.

ensuring resource usage is balanced.

removing work from a project to compress its schedule.

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)

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 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) 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 help align schedules with vendors.

Milestones can be used as signals to team members.

Milestones can motivate the project team.

Milestones ensure the WBS is followed.

page 2

Question 1. 1. (TCO 4) Compare and contrast parametric and bottom-up 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) What is resource leveling on a project and what are its objectives? (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)