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Bus517 Midterm Exam Part 2
Question 1
The project scope statement indicates that the client is responsible for training the people who will be using the equipment and that the project team will train the client's trainers. This is an example of:
Answer
Project objectives
Deliverables
Limits and exclusions
Technical requirements
Milestones
Question 2
If a project criterion indicates that the project must meet a specific date, that criterion is classified as
Answer
Constrained
Enhanced
Accepted
Limited
Fixed
Question 3
Scott has just been given a project that has a specific target date. After discussion with top management he finds that while the date is important the cost is more important and a slip in delivery would be acceptable if required to meet the cost targets. The target date is best classified as
Answer
Constrain
Enhance
Accept
Limit
Optional
Question 4
If a project is small or of narrow scope and does not require an elaborate system, which of the following is a good choice?
Answer
Responsibility matrix
Organization breakdown structure
Work breakdown structure
Priority matrix
Process breakdown structure
Question 5
The ability of 911 emergency systems to identify the caller's phone number and location are considered to be a
Answer
Technical requirement
Milestone
Project limit
Project exclusion
Project deliverable
Question 6
Which of the following is not one of the basic classifications of project priorities?
Answer
Profit
Cost
Time
Performance
Question 7
The tendency for the project deliverables to expand over time—usually by changing requirements, specifications, and priorities—is called:
Answer
Scope erosion
Scope creep
Project bloat
Scope enhancement
Project add-ons
Question 8
The final step in the creation of a Work Breakdown Structure is to
Answer
Code the WBS for tracking
Assign the cost account to a manager
Assign the work package to a manager
Develop the responsibility matrix
Question 9
The process of forecasting or approximating the time and cost of completing project deliverables is called
Answer
Budgeting
Predicting
Estimating
Planning
Guesstimating
Question 10
Ed is looking over the actual results of projects and comparing them to what was estimated. He notices that projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is he recognizing?
Answer
Padding estimates
Planning horizon
Project structure
People
Organization culture
Question 11
Jose is forecasting project time and cost for constructing a new building by multiplying the total square footage by a given dollar amount. Which of the following methods is he using?
Answer
Ratio
Template
Apportion
Function point
Learning curve
Question 12
The accuracy of top-down estimates will typically be in the range of
Answer
Minus 50% to plus 50%
Minus 0% to plus 75%
Minus 20% to plus 60%
Minus 35% to plus 35%
Minus 10% to plus 30%
Question 13
Design flaws being revealed after the fact, extreme weather conditions, and accidents occurring are examples of:
Answer
Hidden interaction costs
Things going wrong on a project
Normal conditions not applying
Changes in project scope
Question 14
Project costs are typically viewed from all of the following except:
Answer
Scheduled
Sunk
Actual
Committed
Question 15
Learning curves are more likely to apply in situations where most of the costs are
Answer
Materials
Labor
Overhead
Evenly spread over materials, labor, and overhead
Question 16
The accuracy of bottom-up estimates will typically be in the range of
Answer
Minus 50% to plus 50%
Minus 0% to plus 75%
Minus 20% to plus 60%
Minus 35% to plus 35%
Minus 10% to plus 30%
Question 17
People working on prototype development needing time to interact with the design engineers after the design is completed is an example of:
Answer
Hidden interaction costs
Things going wrong on a project
Normal conditions not applying
Changes in project scope
Question 18
Which of the following can help a project manager to digest, clarify, and understand the factors leading to the selection of a specific project?
Answer
Risk matrix
Priority matrix
Responsibility matrix
Gantt chart
Contingency matrix
Question 19
Culture is a concept that encompasses all of the following except:
Answer
Shared norms
Beliefs
Values
Economic level
Customs
Question 20
Needs for a project could include telecommunications, transportation, power, and availability of technically skilled talent. This is an example of which of the following environmental factors?
Answer
Geographic
Infrastructure
Economic
Legal/political
Cultural
Question 21
Concern about the local restrictions on toxic waste is classified as which of the following environmental factors?
Answer
Economic
Geographic
Legal/political
Infrastructure
Culture
Question 22
An information systems specialist reported that his performance on a project in Northern Sweden declined due to sleep deprivation during the summer months in which there was 20 hours of daylight each day. This is an example of which of the following environmental factors?
Answer
Cultural
Legal/political
Geographic
Economic
Infrastructure
Question 23
If a construction company in Dallas builds a bridge in Houston, the project would be classified as
Answer
Global
Overseas
Local
Domestic
Foreign
Question 24
As a response to the events of September 11, 2001, the moving of personnel, materials, and equipment across international borders has created border congestion with increased costs and time. This is an example of which of the following environmental factors?
Answer
Cultural
Infrastructure
Geographic
Security
Legal/political
Question 25
If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified as
Answer
Global
Overseas
Local
Domestic
Foreign
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Question 19
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