Vcu Info 461 Test 2 Wynne

Front 1

The 100% rule relates to________.

Back 1

THe next level decomposition of a WBS element must represent 100%

Front 2

2.An activiity being analyzed under PERT was judged to most likely have a duration of 40 days.20 days 50 days. The estimates Pert duration of that activity is

Back 2

38.33 days

Front 3

3.Adding resources to an activity to shorten the critical path is called

Back 3

crashing

Front 4

4.The amount of time an activity can be delayed before affecting the project deadline is _______.

Back 4

slack

Front 5

5.______are rules of thumb used to estimate the current project based on prior project experience

Back 5

Heuristics

Front 6

6.______ are the processes of conducting risk management planning, identification, analysis, response planning, and monitoring and control on a project.

Back 6

Project risk management

Front 7

7.______can be useful for tracking and monitoring project progress b/c they are simply and straightforward.

Back 7

Gantt Charts

Front 8

8.______can help manage the critical path by providing information about which activities can be delayed without affecting the deadline target date

Back 8

Project Network Diagram

Front 9

9.completing activities in parallel is called _____

Back 9

fast tracking

Front 10

10.The cost of labor for using a resource are _______

Back 10

Direct costs

Front 11

11.Critical CHain Project management is based on the idea

Back 11

that people often inflate or add cushioning to their estimates

Front 12

12.The critical path is

Back 12

the longest path in the project network

Front 13

13.An estimation technique characterized by the allocation of timeframe for a specified activity. e.g. a team as two weeks to complete a task and at the end of two weeks work on that task ceases.

Back 13

time boxing

Front 14

14.An estimation technique characterized by the dividing the project into smaller modules and then directly estimating the time and effort in terms of person-hours, person-weeks

Back 14

bottom-up estimating

Front 15

15.An estimation technique characterized by the recruitment of multiple experts who provide rounds of estimates until a conses estimate emerges.

Back 15

Delphi Technique

Front 16

16.The estimation technique may be driven by an upper management mandate.

Back 16

Top-down estimating

Front 17

17._______ focuses on root cause analysis and determining the cause of risks, as well as the effects of risks on the project

Back 17

cause and effect diagrams

Front 18

18.Gaining consensus from a group of experts would be most closely associated with

Back 18

Delphi Technique

Front 19

19.Identifying what you know, what you think you know, and things you need to find out would be activities most closely associated with

Back 19

Learning cycles

Front 20

20.In project communications Managements, ensuring that clear, consistent, and timely communication satisifes the information needs and that prooject stakeholder issues are resolved is_____.

Back 20

Identify stakeholders.

Front 21

21._________involves deciding which risks can impact the project.

Back 21

Identify risks

Front 22

22._______ involves determining the likelihood and project impact of risk.

Back 22

risk assesment

Front 23

23.______ involves developing a probablisitic model for understanding and responding to identified risks.

Back 23

Perform quantitative Risk Analysis

Front 24

24.______involves developing procedures and techniques to reduce the threat of risks and enhance the liklihood of oppurtunities

Back 24

Plan Risk Responses

Front 25

25.______is an uncertain event that, if it occurs, has a positive or negative effect on project objectives.

Back 25

Project risk

Front 26

26.A _____ is a structured tool that identifies risks that have occured in the past.

Back 26

Checklist

Front 27

27._____is considered the most useful and widely used project management tool.

Back 27

Gantt Charts

Front 28

28._____ is ensuring that project resources are not overallocated.

Back 28

Resource management

Front 29

29.______ is the core layer in the IT project Risk Identification Framework.

Back 29

Measurable Organizational Value

Front 30

30.________is the most common, real-world method of estimating projects.

Back 30

Bottom-up Estimating

Front 31

31._______ is well suited for developing simulations where the project manager can conduct sensitivity analysis for schedule planning and risk analysis.

Back 31

PERT

Front 32

32.The IT project risk management Processes include all of the following except

Back 32

Risk Eliminiation

Front 33

33.Once the project schedule and project budget are approved they become the

Back 33

Baseline plan

Front 34

34.Project success will be determined in large part by __________.

Back 34

Thinking carefully through activities and estimating their durations

Front 35

35._____provides an early warning system to monitor identified risks and any new risks.

Back 35

Monitor and control risks

Front 36

36._______provide valuable information about the logical sequence and dependencies among the various activities and tasks

Back 36

project network diagram

Front 37

37.Recieving a much larger than usual gas utility bill because of an early spring cold spell is an example of what type of risk?

Back 37

known-unkown risk

Front 38

38.______refers to a broad range of measurements for objectively evaluating computer software.

Back 38

Metrics

Front 39

39.________requires determining the true proble, or cause, of the risk.

Back 39

Risk identificaiton

Front 40

40.A significant event or achievement that provides evidence that a deliverable is complete is called a _____

Back 40

milestone

Front 41

41.Starting the next task before the first task is complete is _______.

Back 41

lead

Front 42

42.A structured technique for identifying risks which requires participants to rank prioritize ideas in round robin fashion is most closely associated with

Back 42

Nominal Group Technique

Front 43

43.The technique used to find the sequence of tasks with zero slack is most closely associated with

Back 43

Critical Path analysis

Front 44

44.To be effective, each project phase should provide at least ____ deliverable.

Back 44

one

Front 45

45.Too much detail in the WBS can lead to __________.

Back 45

Micromanagement

Front 46

46.Under the PDM, the situation which occurs when two activities can start at different itmes, have different durations

Back 46

Finish to Finish

Front 47

47.Under the precedence Diagramming method the most common relationship between two activities which implies a logical sequence is called

Back 47

Finish to Start

Front 48

48.Under the Precedence Diagramming Method, the situation which occurs when a relationship between two tasks that can or must start at the same time is called

Back 48

Start to Finish

Front 49

49.Waiting to leave your shift until another person shows up is an example of

Back 49

Start to finish

Front 50

50.Which of the following statements about the work breakdown structure is not true?

Back 50

The WBS should be developed only by the project manager