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Project Management Final_2
Final Exam Prep
41
Business
Undergraduate 3
05/04/2017

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Cards

Term

Products that are accepted by project stakeholders are considered to be validated deliverables.

Definition
TRUE
Term

The term sigma means median.

Definition
FALSE
Term

Only in-house auditors can perform quality audits.

Definition
FALSE
Term

Reliability is the ability of a product or service to perform as expected under deviant conditions.

Definition
FALSE
Term

Gantt charts cannot be used to aid project quality management.

Definition
FALSE
Term

Risks can have both negative and positive effects on meeting project objectives.

Definition
TRUE
Term

Risk events refer to specific, certain events that may occur to the detriment or enhancement of the project.

Definition
FALSE
Term

Brainstorming is a systematic, interactive forecasting procedure based on independent and anonymous input regarding future events.

Definition
FALSE
Term

One possible response to managing negative risk it to accept the potential effects from the risk.

Definition
TRUE
Term

Buyers absorb lesser risk with cost-reimbursable contracts than they do with fixed-price contracts.

Definition
FALSE
Term

If an organization has no need to buy any products or services from outside the organization, then it has no need to perform any of the procurement management processes.

Definition
TRUE
Term

A key factor in evaluating bids, particularly for projects involving information technology, is the past performance record of the bidder.

Definition
TRUE
Term

A single contract can include all three categories of contracts.

Definition
TRUE
Term

All contracts should include specific clauses that take into account issues unique to the project.

Definition
TRUE
Term

PMs must continually evaluate team's performance.

Definition
TRUE
Term

____ is best known for distinguishing between motivational factors and hygiene factors when considering motivation in work settings.

Definition
Frederick Herzberg
Term

Schedules focus on both time and resources.

Definition
FALSE
Term

Resource leveling allows PMs to manage overallocations.

Definition
TRUE
Term

A RAM is a matrix that does not maps the work of the project as described in the OBS.

Definition
TRUE
Term

The email is the most appropriate medium for all types of communications.

Definition
FALSE
Term

Adding more people to a project that is falling behind schedule often causes more setbacks because of the increased complexity of communications.

Definition
TRUE
Term

Do not have a meeting if there is a better way of achieving the objective at hand.

Definition
TRUE
Term

Project managers must assess the needs of the organization, the project, and individuals in determining which communication medium to use, and when.

Definition
TRUE
Term

Status reports can take various formats depending on the stakeholders’ needs.

Definition
TRUE
Term

Issue logs can be used to address issues related to other knowledge areas like project scope management or project quality management.

Definition
TRUE
Term

Sensitive information can be included in the stakeholder register as very few people in the organization have access to it.

Definition
FALSE
Term

Though stakeholders cannot be controlled, their level of engagement can be controlled.

Definition
TRUE
Term

Groups representing consumer, environmental, or other interests can be identified as project stakeholders.

Definition
TRUE
Term

Communications software like e-mail, blogs, Web sites, texts, and tweets can aid in stakeholder communications.

Definition
TRUE
Term

Which of the following is recommended for the creation of a good WBS?

Definition

Any WBS item should be the responsibility of all the people working on it.

A unit of work should appear at only one place in the WBS.

Each WBS item should be created assuming that the requirements are inflexible.

The work content of a WBS item is independent of the WBS items below it.

 

Term

_____ refers to the difference between planned and actual performance.

Definition
VARIANCE
Term

A(n) _____ is a table that lists requirements, their various attributes, and the status of the requirements to ensure that all are addressed.

Definition

 

requirements traceability matrix

Gantt chart

state transition table

 

Term

A work package represents one component of the product that the project aims to deliver.

Definition
FALSE
Term

The _____ approach for constructing a WBS involves refining the work into greater and greater levels of detail.

Definition

 

analogy

bottom-up

top-down

mind mapping

 

Term

The scope baseline in a WBS consists of the requirements documentation and enterprise environmental factors.

Definition
FALSE
Term

The tasks in a WBS must be developed as a sequential list of steps.

Definition
FALSE
Term

The format of the WBS dictionary is essentially the same for all projects.

Definition
FASLE
Term

A unit of work should appear at only one place in the WBS.

Definition
TRUE
Term

A(n) _____ is a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project.

Definition

 

project charter

business case

project scope statement

work breakdown structure

 

 

Term

Given the project management software that is available, it is relatively easy to create a good WBS.

Definition
FALSE
Term

The project scope statement, stakeholder requirements documentation, and organizational process assets are the primary inputs for creating a WBS.

Definition
TRUE
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