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4 Cards in this Set

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Which of the following is the best technique for determining work in progress over a three-week long contract?
-0/100 rule
-50/50 rule
-Milestone
-Percent complete
0/100 rule
Answer Explanation: The 0/100 rule is a technique for determining work in progress for projects that are very short in duration. It is often used for projects that take less than a month to complete. With this technique, no value is earned until the project is complete.

The "50/50 rule" option is incorrect. The 50/50 rule is a common technique for determining work in progress for long-duration projects. A long-duration project is one that would take three months or more to complete. The 50/50 rule records half of the budget at the scheduled start of the project, and the other half at the scheduled completion of the project.

The "Milestone" option is incorrect. Milestone is a technique for determining work in progress for long-duration projects. A milestone is an intermediate goal within the project timeline. With this technique, value is earned when a milestone is reached.

The "Percent complete" option is incorrect. Percent complete is a technique for determining work in progress for long-duration projects with unidentifiable milestones. With this technique, value is earned based on the reported percentage of the budget.
You are sequencing a software project's activities. The project is to develop a program that will run on multiple operating systems. Part of the testing phase of the project will involve testing the program on the Linux operating system. Since the team's testing environment does not currently have a Linux computer, you order one from an online distributor. The computer must arrive a week before the testing phase begins. The relationship between the testing activity and the computer delivery activity is known as:


A mandatory dependency
An external dependency
A discretionary dependency
A preferential logic dependency
An internal dependency
An external dependancy
Answer Explanation: An external dependency is a relationship between project activities and non-project activities. In this case, the non-project activity is the delivery of the Linux computer by the online distributor. The testing activity can only be performed once this external activity is complete.

The "A mandatory dependency" option is incorrect. A mandatory dependency is a required relationship between two activities. The inherent nature of the work forces the sequencing of these activities.

The "A discretionary dependency" option is incorrect. A discretionary dependency is a relationship defined by the management team. It is based on best practices or on unusual aspects of the project where a particular sequence is preferred, even if other acceptable sequences are possible.

The "A preferential logic dependency" option is incorrect. Preferential logic is another term for discretionary dependency.

The "An internal dependency" option is incorrect. This type of dependency does not exist in activity sequencing.
Tactical and strategic planning are related because they describe planning in terms of:


Time frame
Specificity
Breadth
Frequency of use
Breadth
Answer Explanation: Tactical and strategic planning are related because they describe planning in terms of breadth. Strategic planning establishes company-wide objectives while tactical planning describes how these objectives should be achieved.

The "Time frame" option is incorrect. Time frame planning is achieved through long-term and short-term planning.

The "Specificity" option is incorrect. Specificity planning is achieved through directional and specific planning.

The "Frequency of use" option is incorrect. The frequency of use classification is created by organizing planning in either single use or in standing planning types.
Within the project contracting life-cycle, make-or-buy decisions are made during the:


Planning stage
Conceptual stage
Implementation stage
Phase-out stage
Planning stage
Answer Explanation: Make-or-buy decisions are made at the planning stage. Other actions that occur during this stage include budgeting, scheduling, other related duties. The four stages of the project contracting life-cycle are conceptual, planning, implementation, and phase-out.

The "Conceptual stage" option is incorrect. During the conceptual stage, project goals are set and project teams are created.

The "Implementation stage" option is incorrect. During the implementation stage, contracts are managed, problems are recognized, and re-planning is conducted and implemented.

The "Phase-out stage" option is incorrect. The phase-out stage occurs at the end of the project life-cycle. During this stage, project teams are rewarded or reassigned and an overall review of project is conducted.