Devry MGT404 week 7 quiz 2015

Devry MGT404 week 7 quiz 2015

Question # 00049961 Posted By: shortone Updated on: 02/22/2015 05:26 AM Due on: 02/28/2015
Subject Business Topic Management Tutorials:
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MGT404 quiz 7

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)

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 verbal form of communication? (Points : 5)

Meeting notes made at a meeting with the VP of the company
A presentation by the project team to senior management
Contracts with a client that have been reviewed by lawyers
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 HR 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)

Let team members disappear as needed from the project.
Create a process to handle conflict.
Hold face-to-face meetings whenever possible.
Keep all team members informed and communicating.

Question 7. 7.(TCO 9) Leadership in agile project management focuses on _____. Leadership in traditional project management focuses on _____. (Points : 5)

collaboration; control
command; creativity
creativity; collaboration
control; 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 eliminate unnecessary changes to a project.
Milestones align schedules with suppliers.
Milestones trigger other team members’ participation in the project.
Milestones allow for periodic review of the project.

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) 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) Compare and contrast project control in an agile environment and in a traditional environment. (Points : 20)

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