BUSI 313 Quiz 2

BUSI 313 Quiz 2

BUSI 313 Quiz 2 Liberty University

Set 1

1. If the project time should be accepted, then the project must be completed on time.
2. The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and priorities-is called
3. One way for a project manager to communicate the authority granted to individual project members is to publish a
4. A communication plan is a key component for giving guidelines on how to track project
5. Which of the following is NOT true regarding scope creep?
6. The highest element in the hierarchical breakdown of the WBS is the first major deliverable for the project and the lowest element is a work package.
7. “Reviews with customer” only refers to projects with external customers who are paying for the project.
8. There is a strong correlation between project success and clear project scope definition.
9. Which of the following is least likely to be included in a work package?
10. Which of the following does NOT help describe a bottom-up estimating approach?
11. The salary of the project manager would be an example of what type of cost found in a project?
12. Which of the following is a good condition for top-down estimating?
13. Organization culture can significantly influence project time and cost estimates.
14. Which of the following would best represent direct project costs?
15. Refining estimates may be necessary for a number of reasons. For example, design flaws being revealed after the fact, extreme weather conditions, and accidents occurring are good examples of
16. The salary of the project manager and her administrative assistant is classified as direct labor costs.
17. An external view of a Mega Project based upon the outcome of similar projects undertaken in the past is known as:
18. Bill is building a project network that involves testing a prototype. He must design the prototype (activity 1), build the prototype (activity 2), and test the prototype (activity 3). Activity 1 is the predecessor for activity 2 and activity 2 is the predecessor for activity 3. If the prototype fails testing, Bill must redesign the prototype; therefore, activity 3 is a predecessor for activity 1. This is an example of
19. A sequence of connected, dependent activities is termed a(n)
20. When translated into a project network, a work package will become
21. Burst activities have more than one activity immediately following them (more than one dependency arrow flowing from them).
22. Which of the following represents an activity on an activity-on-node (AON) project network?
23. Activities which can take place at the same time are termed
24. An activity is an element of the project that always requires time.
25. The likelihood the original critical path(s) will change once the project is initiated is referred to as

Set 2

1. Creating a communication plan typically follows a process that begins with a stakeholder analysis.
2. If the project time should be accepted, then the project must be completed on time.
3. All of the following are usually included in a work package EXCEPT
4. The final stage in defining a project is coding the organization breakdown structure or OBS for the information system.
5. The tendency for the project deliverables to expand over time-usually by changing requirements, specifications, and priorities-is called
6. The _________ is used to assist in making project trade- offs among schedule, budget, and performance objectives.
7. In reviewing the project plan, Susan sees that the first prototype must be completed by October 12. This would be best classified as a
8. For large companies, the organization breakdown structure is used rather than the work breakdown structure.
9. If a project criterion should be optimized if at all possible, it is classified as being constrained.
10. Which of the following is NOT true in regard to the level of detail estimates should contain?
11. The consensus method of estimating costs is a bottom- up technique.
12. The ideal approach to estimating project time and costs is to use both the top-down and the bottom-up approach.
13. Benefits of Reference Class Forecasting include
14. While it may be true that Mega Projects are by nature extremely difficult to estimate, another factor identified in the consistent pattern of estimating difficulties is:
15. Large projects that have long time horizons and a very high complexity can be referred to as
16. An external view of a Mega Project based upon the outcome of similar projects undertaken in the past is known as:
17. The salary of the project manager would be an example of what type of cost found in a project?
18. Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is scheduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contactor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of
19. The forward pass in project network calculations determines all of the following EXCEPT
20. Which of the following can be used without coordinating with managers of succeeding activities?
21. Arrows on an activity-on-node (AON) project network represent
22. When completing a forward pass, you carry the early finish to the next activity where it becomes its early start unless the next succeeding activity is a merge activity. In this case you select the smallest early finish number of all its immediate predecessor activities.
23. Information to develop a project network is collected from the
24. A(n) _________ activity has more than one dependency arrow flowing from it.
25. When completing a backward pass, you carry the LS to the next preceding activity to establish the LF, unless the next preceding activity is a burst activity, in which case you select