Course It Project Management Test Midterm;? Question 1 On a network diagram, all arrowheads should face toward the ____.? Question 2 ____ involves coordinating all planning efforts to create a consistent, coherent document.? Question 3 ____ tools track the execution of business process flows and expose how the state of supporting IT systems and resources is impacting end-to-end business process performance in real time.? Question 4 ____ involves defining and documenting the features and functions of the products produced during the project as well as the processes used for creating them.? Question 5 The critical path is the ____ path through a network diagram, and it represents the ____ time it takes to complete a project.? Question 6 A ____ can have many different job descriptions, which can vary tremendously based on the organization and the project.? Question 7 ____ is a planning process falling under the Project Scope Management knowledge area.? Question 8 In the mathematical formula for determining the NPV, the variable n is ____.? Question 9 Project ____ management is an overarching function that affects and is affected by all of the other knowledge areas.? Question 10 The goal of ____ is to know the status of the schedule, influence the factors that cause schedule changes, determine that the schedule has changed, and manage changes when they occur.? Question 11 A PMO, or Project ____ Office, is an organizational group responsible for coordinating the project management function throughout an organization.? Question 12 The main outputs of ____ are accepted deliverables and change requests.? Question 13 A ____ is a meeting held at the beginning of a project so that stakeholders can meet each other, review the goals of the project, and discuss future plans.? Question 14 The project ____ usually provides the direction and funding for the project.? Question 15 The ____ for an activity is the latest possible time an activity might begin without delaying the project finish date.? Question 16 The ____ is the minimum acceptable rate of return on an investment.? Question 17 ____ involves estimating the number of work periods that are needed to complete individual activities.? Question 18 The ____ model assumes that requirements will remain stable after they are defined.? Question 19 You can determine a project?s ____ by finding what discount rate results in an NPV of zero for the project.? Question 20 Projects that address ____ are much more likely to be successful because they will be important to the organization.? Question 21 Good ____ is very important to project success because it helps improve the accuracy of time, cost, and resource estimates, it defines a baseline for performance measurement and project control, and it aids in communicating clear work responsibilities.? Question 22 A(n) ____ is a methodology that converts an organization?s value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics.? Question 23 In the ____, you use a similar project?s WBS as a starting point.? Question 24 The project cost management knowledge area maps to the ____ process group through the activities of estimating costs and budget determination.? Question 25 Examples of ____ include acquiring and developing the project team, performing quality assurance, distributing information, managing stakeholder expectations, and conducting procurements.? Question 26 The project integration management knowledge area maps to the ____ process group through the activities of developing project charters.? Question 27 Project ____ management involves defining and managing all the work required to complete the project successfully.? Question 28 PMI provides certification as a Project Management ____ (PMP), someone who has documented sufficient project experience and education, agreed to follow the PMI code of professional conduct, and demonstrated knowledge of the field of project management by passing a comprehensive examination.? Question 29 The project time management knowledge area maps to the ____ process group through the activity of schedule control.? Question 30 The majority of time on a project is usually spent on ____, as is most of the project?s budget.? Question 31 The term ____ describes a product produced as part of a project.? Question 32 Of the following constraints, it is most difficult to describe, agree upon, and meet the ____ goal of many projects.? Question 33 An up-to-date ____ is an important document for developing and confirming a common understanding of the project scope.? Question 34 Many people confuse tasks on a WBS with ____.? Question 35 ____ involves evaluating the reasons for dependencies and the different types of dependencies.? Question 36 The ____ section of the project management plan describes how to monitor project progress and handle changes.? Question 37 Project managers must use discipline to control ____.? Question 38 In the ____ phase, the project team creates a definitive or very accurate cost estimate, delivers the required work, and provides performance reports to stakeholders.? Question 39 ____ involves identifying the specific activities that the project team members and stakeholders must perform to produce the project deliverables.? Question 40 Outputs from ____ include work performance measurements, organizational process assets updates, change requests, project management plan updates, and project document updates.? Question 41 ____ involves controlling and managing changes to the project schedule.? Question 42 Author ____, who developed the concept of the strategic value of competitive advantage, has written several books and articles on strategic planning and competition.? Question 43 A(n) ____ is a document that describes the products or services to be created by the project team.? Question 44 The ____ approach involves refining the work into greater and greater levels of detail.? Question 45 ____ is crucial in information technology projects because once a project team implements a new system, it takes a considerable amount of effort to change the system.? Question 46 The ____ section of the project plan should describe the major project functions and activities and identify those individuals who are responsible for them.? Question 47 A preliminary or rough cost estimate is developed in the ____ phase, and an overview of the work involved is created.? Question 48 ____ should serve as the foundation for deciding which projects to pursue.? Question 49 In the WBS, the name of the entire project is the top box, called Level ____.? Question 50 ____ results in supporting detail to document important product information as well as assumptions and constraints related to specific activities.
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