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64 Cards in this Set
- Front
- Back
A _________________________ is used to formally document changes made to the project.
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Change Control System
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What does the acronym WBS stand for?
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Work Breakdown Structure
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The lowest-level of the WBS is known as a __________________________.
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Work Package
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What is uncontrolled change know as?
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Scope Creep
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One of the challenges during the event planning process is to ensure that managers do not mix ________.
A)Summary tasks (events) with the specific tasks (activities) needed to produce them Milestones with B)completion dates C)Requirements with expectations D)Control limits with specifications |
a. Summary tasks (events) with the specific tasks (activities) needed to produce them
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Before a project schedule can be created, a _____________________ must first be made.
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Work Breakdown Structure
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A framework that identifies project deliverables best describes a project Work Breakdown Structure (WBS).
a. True b. False |
a. True
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The Work Breakdown Structure (WBS) is a framework that will be used as a basis for further planning activities including:
a. developing the project schedule b. developing the project cost estimate c. identifying project risks d. all of these |
d. all of these
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Significant events in the project lifecycle that have zero duration and that do not consume resources are called ________.
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Milestones
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Before a project schedule can be created, a(n)______________________ must first be made.
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WBS
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A(n)___________________ is a significant event in the lifespan of a project.
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Milestone
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A lead is a change in the logical relationship that results in the _____________ of the successor activity.
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Acceleration
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If a painted wall must dry for four hours before work can continue, the result is a delay in the successor activity. The wait for the paint to dry is an example of a(n)_______________.
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Lag Time
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A professor cannot grade his students’ exams until the students have completed taking
the test. What kind of relationship is this? a. Start-to-start relationship b. Start-to-finish relationship c. Finish-to-finish relationship d. Finish-to-start relationship |
d.Finish-to-start relationship
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When determining an activity’s duration, project managers typically include weekends, evening, and holidays in the duration time. True or False?
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False
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When calculating a project’s duration, it is best to consider the time it will take to complete each activity individually
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True
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According to the learning curve, performing an activity frequently results in it taking a(n)_______________ amount of time to complete the same activity in the future.
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Less
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The enumeration method focuses only on one critical path. True or false?
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False
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A Gantt chart shows each activity’s_____________ and ________________.
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Early Start, Early Finish
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A project manager needs two types of skills, __________________________ and _________________, to successfully resource a project.
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Hard, Soft
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To help ensure project support, it is important to involve workers in the _______________ phase of the project.
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Planning
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A(n) ______________________ is a tool which is used to show resource assignments.
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RASIC
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It is best to only have one person assigned primary responsibility for an activity. True or
false? |
True
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Using a(n) _____________________ can help a project manager identify if workers are overloaded.
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RASIC chart/ Gantt chart
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____________________ is any form of schedule network analysis in which scheduling decisions are driven by resource constraints.
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Histogram
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With resource leveling, _________________ activities are often delayed first.
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non critical
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When performing resource leveling, it is helpful for the project manager to consult both the _______________ _________________ ______________________ and the ________________ _________________________.
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Critical Path, Resource Histogram
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Critical chain project management is a technique which uses both the predecessor-successor relationship and ___________ ____________ to calculate the projects critical chain.
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Resource Availability
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To reduce the total project duration, activities that are on the noncritical path must be reduced. True or false?
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False
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_________________ and ___________ are two techniques that are used to compress projectes schedules.
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Crashing, Fast Tracking
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Cost estimating is closing linked with __________________, _______________________, and ______________________.
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Scope, Schedule, Resource Planning
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It is better to begin cost negotiations with project stakeholders before conducting a cost estimate. True or false.
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False
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____________ costs do not depend on the size of the project.
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Fixed
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For a cake baker, ingredients such as flour and eggs are examples of __________________ costs while her oven is an example of a _______________ cost.
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Variable, Fixed
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The salary of a Vice President of an organization is an example of a(n)____________ cost while the salary of an electrician hired to work on a construction project is an example of a(n) ___________ cost.
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Indirect, Direct
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Recurring costs typically occur during the _____________________ phase of a project.
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Execution
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___________________________ is a method in which transactions are recorded when then the expense is actually occurred.
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Accural Accounting
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_________________________ is a method of accounting where transactions are recorded when the money is actually spent.
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Cash Counting
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_________________________ estimates are often created during the beginning of the project and likely to be less accurate than later estimates.
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Order of Magnitude
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Which cost estimating technique requires the organization to use a larger amount of information, analogous estimating or parametric estimating?
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Parametric Estimating
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Rank the following cost estimating techniques in order from least time consuming to the most time consuming
Analogous Bottom-up Parametric |
Analogous estimating (least)
Parametric estimating Bottom-up estimating (most) |
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It is possible to completely avoid variation in a project. True or false?
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False
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__________________ is used to determine whether a vendor's bid is reasonable.
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Vendor Bid Analysis
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It is important that project managers calculate the __________ considering costs in the future
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Time Value
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For routine projects, _______ percent is a typical amount of money to be put into contingency reserves. For an unusual project, ____ percent is a typical amount to be put into contingency reserves.
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5-10, 30
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A project management plan is a formal document that defines how the project will be initiated and planned? True or False?
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False
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Communications planning determines the information needs and expectations for project stakeholders? True or False?
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True
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Stakeholders include both those who will use the result of a project as well as those who will be affected by the result of a project. True or False?
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True
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The communications management plan needs to be a living document that adapts to changing project needs. True or False?
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True
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Project teams must be prepared to share critical project information to stakeholders on an as-needed basis, in addition to conducting regular meetings and presentations. True or False?
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True
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A virtual team is a group of persons with a shared objective who fulfill their roles largely through face-to-face communications. True or False?
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False
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While expensive, it is often advisable for virtual team members who live across the globe to meet face-to-face at least once, especially early in the project. True or False?
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True
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Project team member preferences related to the type and frequency of communication may vary depending upon the country of origin. True or False?
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True
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Social software enables people to rendezvous, connect or collaborate through computer-mediated communication. True or False?
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True
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Scope planning is the process of creating a project scope statement. True or False?
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False
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The project scope refers to the features and functions that characterize a product, service, or result. True or False?
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False
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The project requirements statement describes performance standards and any other applicable standards that will be applied to the primary project deliverables. True or False?
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True
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The bottom up approach to the WBS works well when you have done a similar project before but should not be used for projects that you have never done before. True or False?
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False
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By using a systematic process of creating a Work Breakdown Structure, project team members can help to ensure they remember all major portions of work to be accomplished. True or False?
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True
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A Work Breakdown Structure must be decomposed at least four levels in order to be effective. True or False?
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False
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In order to construct a project Work Breakdown Structure, a project team needs to enlist support from subject matter experts who understand how each portion of the work will be accomplished. True or False?
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True
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The top down format for preparing the WBS works best when a similar project has been completed in the past. True or False?
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True
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It is important to assign a unique number to every component in the project Work Breakdown Structure. True or False?
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True
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Failure to include project management in the Work Breakdown Structure will increase the likelihood that the project will finish late or over budget. True or False?
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True
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