Risk Data Quality Assessment is ?a. It involves examining the degree to which the risk is understood and the accuracy, quality,reliability, and integrity of the data about the risk.O b. All of theseO c. Risk data quality assessment is a technique to evaluate the degree to which the data aboutrisks is useful for risk management.Project Time Management includes the processes required to manage the timely completion ofthe projectO a. FalseO b. True Project Time Management processes:O a. Plan Schedule ManagementO b. All of theseO c. Define ActivitiesO d. Sequence Activitiese. Control ScheduleWhich one of the following is not a part of Plan Schedule ManagementO a. Documentation for planningO b. ProceduresO c. Establishing the policiesO d. Norms and values

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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1.Estimating the type and quantities of resources required to perform each schedule activity defines: Select one: a. Three-point estimating. b. The Estimate Activity Resources process. c. Analogous estimating. d. The Estimate Activity Durations process. Which of the following project documents would NOT likely be updated in the Develop Schedule process? Select one: a. Project scope statement b. Risk register c. Project calendar d. Activity resource requirements Comparing target schedule dates with the actual or forecasted start and finish dates is an example of: Select one: a. Using project management software. b. Progress reporting. c. Calculating a cost performance index (CPI) value. d. Conducting a variance analysis. All of the following are parts of the scope baseline EXCEPT the: Select one: a. Project Scope statement b. WBS dictionary c. Work breakdown structure d. Scope management plan The project manager has just received a change from the customer that does not affect…
(1) Suppose a project manager is reviewing the project management plan, the work performance data, and the project schedule. She is getting ready to do next? Work the project plan. Plan the project schedule. Start Control Schedule. Create the WBS. (2) During the Control Schedule process, what is one of the most common outputs? Stakeholder meeting Team meeting Vacation request Change request
1. Relate the project management lifecycle to the application development of a house cleaning service. 2. Identify and develop a PowerPoint presentation on what happens at each phase of the project management lifecycle of application development of a house cleaning service. 3. Ensure you cover the ket aspects such as: i.Initiating process ii. Planing process iii. Executing process iv. Monitoring and controlling process v. Closing process
You are managing a large construction project that’s been broken down intosub-projects (or phases). Each of these sub-projects is scheduled to takebetween three and six months to complete. At the end of each sub-project,you plan to go through the closing processes and document lessons learned.Which of the following BEST describes what you must do at the beginning ofeach sub-project or phase?A. Develop the preliminary scope statement for the phaseB. Make sure you don’t involve the team, to avoid introducing too much projectmanagement overheadC. Use the Earned Value Technique to decide whether or not to finish the projectD. Release all resources from the project and contact sellers to renegotiate allcontracts
Which planning process is within the Project Scope Management knowledge area? 1) Schedule development 2) Developing a project management plan 3)Creation of a WBS 4) Quality planning
Don't use AI PERT and CPM are NOT used in which phase of project management? A Controlling B. Planning C. Scheduling D. PERT and CPM are used in all three phases GIVE CORRECT ANSWER WITH FULL EXPLANATION
Project Management 5. Discuss the importance of triple constraints. b. Discuss the importance of Scope Management in managing projects
Task 1 Select any organization, department or unit (private or public) and assess employees training and development needs. This could be done by carrying out organization, person and task analysis. The outcomes of this task include: who needs training? what task need to be training? And whether the training is appropriate for the organization? Task 2 formal structure/schedule for training Develop/design a activities. This should be done for at least two training needs. The formal structure should include behavioral objectives, learning tasks, place, date/time and resources required for training implementation.
Identify the order in which a Project manager does his job a. Planning, Organizing, Controlling b. Planning, Scheduling, Controlling c. Planning, Leading, Controlling
Project Managemet 9. Identify and explain 3 of the key components of the schedule management plan. b. Explain the importance of planning and monitoring and controlling scope on a project.
(26) To successfully manage a project, the project manager must play both a manager and a leadership role. In a manager's role, the project manager will do all but which of th e following: A Define Roles and Responsibilities B. Extend favors to some important team me mbers C. Provide feedback to team members D. Resolving interpersonal conflicts E. Both b and d (27) What is the term used for processes that are required to ensure timely and appropr iate planning, collection, creation, distribution, storage, retrieval, management , control monitoring, and the ultimate disposition of project information? A Project Communications Management B. Project Scope Management C. Project Procurement Management D. Project Integration Management (28) Which of the following can cause a conflict? A Insufficient action on the part of the project manager B. Competition for facilities, equipment, material, manpower and other resources C. Personality conflicts between managers and/ or other personnel D. All…
1. Jim's team has completed the WBS and WBS dictionary and the stakeholders have approved the results. Now they are meeting to break down the work packages into schedule activities. What technique should they use for this work? a. Parametric estimating b. Stakeholder analysis c. Variance analysis d. Decomposition

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