TEAM A MULTIPLE CHOICE QUESTIONS
1. (TCO 1) A
project is defined as a(n) _____ endeavor undertaken to create a(n) _____
product, service, or result.
a.
challenging; new
b.
temporary; unique
c. new;
challenging
d. ongoing;
unique
2. (TCO 1)
Which document on a project authorizes the project manager to begin work on the
project?
a. The scope
b. The schedule
c. The charter
d. The risk management plan
3. (TCO 2)
Project deliverables are created in the _____ , which is completed during the
_____ phase of a project.
a. charter;
execution
b. scope;
planning
c. schedule;
planning
d. charter;
planning
4. (TCO 2)
Which statement is an example of a project deliverable?
a. “If the
parts arrive late, we will not finish on time.”
b. “We must get permits before we start
work.”
c. “I believe the contracts will be signed by
the 15th.”
d. “The paving of the parking is lot is major
piece of work for this project.”
5. (TCO 3)
The longest continuous path of activities from beginning to end on a project
describes the
a.
deliverables.
b.
slack.
c. critical
path.
d. work
packages.
6. (TCO 3)
What values are calculated on the backward pass of a project network?
a. Early start; late start
b. Early start; early finish
c. Late start; late finish
d. Early finish; late finish
7. (TCO 5)
In which process of risk management are proactive and reactive strategies
considered?
a. Plan risk management
b. Plan risk responses
c. Control risks
d. Qualitative risk analysis
8. (TCO 5) A
risk matrix is used in _____ to _____. A
risk register is a _____.
a.
qualitative risk analysis; prioritize risks; list of risks
b.
quantitative risk analysis; identify risks; way to categorize risks
c.
qualitative risk analysis; create risk strategies; way to monitor negative
risks
d. risk
identification; simulate project risks; way to categorize risks
TEAM AESSAY
QUESTIONS
1.(TCO 1)
Before one can begin writing a charter, one must consider the most appropriate
organization for the project. You are the project manager for a company that
integrates custom data solutions for large corporate enterprises. This project
will span two or three years and will cost tens of millions of dollars. This is
a large, very involved project. Which of the five organization structures is
most suitable? Why?
2. (TCO 2)
You are reaching the end of your graduate school program and are planning a
large party to celebrate your success! You have rented out the local forest
preserve as the venue for your party. Applying your project management skills,
you want to ensure you have everything planned out and you’ve asked your family
and friends to be a part of your team to hold this party. At your party, you
have made it clear to your team what you want to have delivered. After all,
it’s your party— you can have whatever you want! Some of the key items you want
at your party include
· graduation announcements;
· party invitations;
· live entertainment;
· games (for adults and for children);
· food;
· beverages; and
· convenience for all (parking, restroom
facilities, etc.).
Part 1: To
ensure you have a clear scope for your team, create a 2-level WBS. Don’t forget
to include your WBS numbering (15 points).
Part 2: In
your WBS, how many work packages have been created? (5 points)
3. (TCO 3)
Compare and contrast crashing and scope reduction as means of schedule
reduction.
4. (TCO 5) A
firm hosts data-mining servers and performs data mining for other companies
that do not desire the costs of hardware, software, or expertise to data mine
their data. The firm is planning to roll out faster data-mining software that
will reduce the time to sift through customers’ data by a fraction of the
present time.
Part 1: List
and discuss the major risk management functions from a project management
perspective for the data-mining software project. (15 points)
Part 2:
Describe a positive and negative risk event, the consequences, and the
risk-response plans for the data-mining software project. (15 points)
5. (TCO 9)
List and describe at least three key differences between risk management in an
agile environment and risk management in a traditional project.
