Which of the following is a characteristic of an effective reporting system

19 Which of the following is a characteristic of an effective reporting system?a. SMARTb. KISSc. MBOd. LOWBALLING20 Which of the following is an elapsed time task?a. Paint is dryingb. A painter paints the wallc. Software is being writtend. A sandwich is being made21 An autocratic management style:a. Is effective in most project management situationsb. Is effective in highly routine effortsc. Is effective in high flux, state-of-the-art projectsd. Will lead to the tyranny of the majority22 A project team structure that closely reflects the physical structure of the deliverable is known as:a. Egolessb. Specialtyc. Surgicald. Isomorphic23 The purpose of mid-project evaluation is:a. Continual monitoring of budget and estimatesb. To focus on achievement of individual element of the project planc. To determine whether the original objectives are still relevantd. To re-baseline the project budget24 If the latest time you can start a task is five hours into the project, and the earliest time is three and a half hours into the project, how much slack (also called float) does the task have?a. 0.5 hoursb. 1.5 hoursc. 2.5 hoursd. 8.5 hours25 In risk management, insurance is an example of:a. Risk avoidanceb. Risk deflectionc. Risk acceptanced. Contingency planning26 A four step risk assessment process reflecting standard risk management good practice consists of:a. Risk identification, Risk deflection, Risk impact analysis, Risk monitoring and controlb. Risk acceptance, Risk impact analysis, Risk response planning, Risk monitoring and controlc. Risk deflection, Contingency planning, Risk impact analysis, Risk monitoring and controld. Risk identification, Risk impact analysis, Risk response planning, Risk monitoring and control27 Structured Walk-Through is a methodology used in:a. PERTb. GERTc. VERTd. Project Evaluation28 If review of a project’s status indicates that EV = $400, AC = $400, and PV = $500, the project is:a. On budget, behind scheduleb. On budget, ahead of schedulec. Over budget, behind scheduled. Over budget, ahead of schedule29 The poor man’s hierarchy is a method for:a. Project estimationb. Project schedulingc. WBS constructiond. Project selection30 According to PMI, a WBS should focus ona. Tasksb. Deliverablesc. Interrelationships among activitiesd. Cost of the project31 If EV = $300, AC = $400, and the project budget is $1,000, what is the estimated final cost of the project (this is known as EAC, estimate at complete)?a. $750b. $1,000c. $1,250d. $1,33332 Which of the following is a scope planning tool?a. Benefit/cost analysisb. WBSc. Earned Value analysisd. Fast tracking33 In resource planning, one of the issues that needs to be considered is:a. Staff empowermentb. Technical requirements of the projectc. Theory X management principlesd. Theory Y management principles34 The bottom-most level of the WBS — the level at which project budget and schedule data are captured — is called:a. Work packageb. Code of accountsc. Budget baselined. Change control level38 Ensuring a one-to-one correspondence between specification items and general design items is a feature of:a. Scope statement definitionb. WBS constructionc. Rapid prototypingd. Configuration management39 Under what conditions may a project manager accept a change request?a. If the request has no effect on project objectives, deadlines, or resourcesb. If the request has no effect on project objectives, although it has effects on deadlines and resourcesc. If the request is coming from a valued customerd. If the request is from the Chief Executive Officer40 Which of the following is not an activity carried out during project closeout?a. Reassignment of project staffb. Preparation of the project’s baselinec. Reassignment of material resourcesd. Preparation of user manuals41When crashing a project, we typically choose critical path tasks whose costs of crashing are highest.TrueFalse42 The astute project manager typically uses only one management style in order not to confuse his/her teammates.TrueFalse43 Concurrent engineering involves overlapping tasks and phases to accelerate a project’s schedule.TrueFalse44 A work package is to be found at the summary level of the WBS.TrueFalse45 Milestones, like tasks, consume resources.TrueFalse46 In project management, the level of uncertainty plays a major role in determining the adequacy of a project plan.TrueFalse47 Using working time or elapsed time to calculate the time it will take to complete a task produces the same results.TrueFalse48 Needs recognition is the first stage of the needs-requirement life cycle.TrueFalse49 Functional requirements provide us with detailed technical specificationsTrueFalse

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