Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/9

Click to flip

9 Cards in this Set

  • Front
  • Back
1. The project life cycle comprises whixh of the following?
A. Phases
B. Milestones
C. Estimates
D. Activities
A. The project life cycle comprises phases. B is incorrect because milestones may exist within the project plan, but they do not constitute the project life cycle. C is wrong because estimates are not directly related to the project life cycle. D is incorrect because activities compose the phases within the project life cycle, but not the project life cycle itself.
2. Marci Koening, the project manager for the ERP Project, is about to complete the project phase review. The completion of a project phase is also known as whick of the following?
A. Lessons learned
B. Kill point
C. Earned value management
D. Conditional advancement
B. The completion of a project phase may also be konwn as a kill point. Lessons learned is a collection of information and knowledge gained through an experience, typically a phase, within the project, so A is wrong. Earned value managment can happen at different times thorughout the project, not just at the end of a project phase; therefore, C is wrong. D, conditional advancement, is a term that describes the conditions that must be present for the work to continue on a project. Conditional advancement, howerver, does not have to happen only at the end of a project phase.
3. Which of the following best describes a project deliverable?
A. The resources used by the project to complete the necessary work
B. The resources exported from the project as a result of the project work
C. The end result of a project planning session
D. A verifiable, measurable work product
D. A deliverable is something that can be verified and measured. A defines the resources in order to create the deliverable. B is an inaccurate statement, C defines how the work and resources will be utilized to create the project deliverable, not the deliverable itself.
4. The compilation of all the phases within a project equates to the____?
A. Project life cycle
B. Product life cycle
C. Project completion
D. Project processes
A. The project life cycle comprises all of the project phases within a project. B is incorrect as the product life cycle describes how long a project will be in use after it is created. C and D are incorrect because they do not accurately describe the project life cycle.
5. Which of the following describes the early stages of a project?
A. High costs and high demands for resources
B. A high demand for change
C. A high demand for project team time
D. Low costs and low demands for resources
D. Projects typically have low costs and low demands for resources early in their life cycle. Choices A, B, and C are incorrect statements in regard to projects.
7. Project team members are most likely to work full-time on a project in which of the following organizational structures?
A. Functional
B. Weak matrix
C. Strong matrix
D. Projectized
D. Projectized structures often have project team members assigned to the project on a full-time basis. A, B, and C are incorrect because these structures have part-time project teams.
8. Why would an organization divide a project into phases?
A. To provide better management and control of the project
B. To identify the work that will likely happen within a phase of the project
C. To identify the resources necessary to complete a phase of the project
D. To define the cash-flow requirements within each phase of the project
A. Organizations often divide projects into phases to make the management and control of the project easier and more productive. B and C are incorrect because these statements identify an attribute of a phase, not the reason to create all phases. D is incorrect because this statement is not true for all projects' in addition, cash-flow forecasting is part of planning and is not universal to all project phases
9. All of the following are true statments about the project life cycle, exept for which one?
A. The project life cycle defines the work to be done in each phase of the project.
B. The project life cycle defines the deliverables that each phase will create
C. The project life cycle defines who is involved in each phase
D. The project life cycle defines how much each phase will cost
D. the project life cycle does not define how much each phase of the project will cost. The project life cycle does define the work to be done in each phase, the deliverables each phase will create, and the resources needed in each phase, so choices A, B, and C are incorrect.
10. You are the project manager of a new project. When is the level of failing to achieve the objectives the highest within your project?
A. There is not enough infomraiton provided to know for certain.
B. At the start of the project.
C. At the end of the project
D. During the intermediate phases of the project
B. Projects are most likely to fail at the start of the project. As the project moves closer to the project comletion, its offs of finishing successfully increase. A is not anaccurate statement. C is incorrect because the project is more likely to finish successfully at the end of the project. D is also incorrect because the intermediate phases show progress toward project compleion. The closer the project moves away from its start and toward completion, the higher the odds of success are.