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[Show more]All of the following are among the benefits realized as a consequence of developing a cost management plan EXCEPT: 
a. It shows how to develop and share relevant, accurate and timely information that stakeholders can use to make intelligent and ethical decisions. b. It documents how the business cas...
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Add to cartAll of the following are among the benefits realized as a consequence of developing a cost management plan EXCEPT: 
a. It shows how to develop and share relevant, accurate and timely information that stakeholders can use to make intelligent and ethical decisions. b. It documents how the business cas...
Which of the following terms best describes a sequence of activities defined by the project network logic? Path 
Which of the following terms best describes the defining points of a network that is, junction points that are joined to some or all of the others by dependency lines? Node 
Which of the ...
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Add to cartWhich of the following terms best describes a sequence of activities defined by the project network logic? Path 
Which of the following terms best describes the defining points of a network that is, junction points that are joined to some or all of the others by dependency lines? Node 
Which of the ...
Which of the following characteristics is NOT associated with a functional organization? a. Each employee has one clear superior. b. Resources are easily shared between departments and projects. c. Staff are managed by a person with expertise in their area. d. Staff are grouped by areas of specializ...
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Add to cartWhich of the following characteristics is NOT associated with a functional organization? a. Each employee has one clear superior. b. Resources are easily shared between departments and projects. c. Staff are managed by a person with expertise in their area. d. Staff are grouped by areas of specializ...
Which of the following statements accurately describes a project management plan? a. a formal document that describes how the project will be initiated and planned b. a formal document that describes how the project will be executed, monitored and controlled c. a formal document that defines how the...
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Add to cartWhich of the following statements accurately describes a project management plan? a. a formal document that describes how the project will be initiated and planned b. a formal document that describes how the project will be executed, monitored and controlled c. a formal document that defines how the...
When estimating resource needs, project teams should consider all the following EXCEPT: 
a. support needs such as information systems. b. the time required to communicate between activities. c. specific knowledge or skills that are required. d. scoring models. d. scoring models. 
The staffing manage...
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Add to cartWhen estimating resource needs, project teams should consider all the following EXCEPT: 
a. support needs such as information systems. b. the time required to communicate between activities. c. specific knowledge or skills that are required. d. scoring models. d. scoring models. 
The staffing manage...
The project charter grants the right to the project team to continue into more detailed planning, and to do all the following EXCEPT: sanctions the creation of a business case 
The project charter should help the project team and the project sponsor to develop a common understanding of what the proj...
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Add to cartThe project charter grants the right to the project team to continue into more detailed planning, and to do all the following EXCEPT: sanctions the creation of a business case 
The project charter should help the project team and the project sponsor to develop a common understanding of what the proj...
Which of the following documents serves as an informal contract between the project team and the project sponsor? a. team members' employment contracts b. project charter c. project roadmap d. business case b. project charter 
The project charter grants the project team the right to: a. begin proje...
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Add to cartWhich of the following documents serves as an informal contract between the project team and the project sponsor? a. team members' employment contracts b. project charter c. project roadmap d. business case b. project charter 
The project charter grants the project team the right to: a. begin proje...
All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT: 
a. It enables project managers to eliminate or reduce the impact of some threats. b. It enables the project manager to identify and eliminate all risks c. It facilitates communication wit...
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Add to cartAll of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT: 
a. It enables project managers to eliminate or reduce the impact of some threats. b. It enables the project manager to identify and eliminate all risks c. It facilitates communication wit...
The project scope planning processes include all of the following EXCEPT: 
a. how the project scope will be defined b. how the requirements will be collected c. how the work breakdown structure will be created d. how the business case will be created d. how the business case will be created 
Define ...
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Add to cartThe project scope planning processes include all of the following EXCEPT: 
a. how the project scope will be defined b. how the requirements will be collected c. how the work breakdown structure will be created d. how the business case will be created d. how the business case will be created 
Define ...
Once projects are completed, they will typically yield all of the following results EXCEPT make or buy decisions 
Which of the following examples is NOT a typical or appropriate situation to employ project management?" processing deposits and withdrawals in a bank 
In an adaptive or change - driven...
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Add to cartOnce projects are completed, they will typically yield all of the following results EXCEPT make or buy decisions 
Which of the following examples is NOT a typical or appropriate situation to employ project management?" processing deposits and withdrawals in a bank 
In an adaptive or change - driven...
Estimating the number of work periods that will be needed to complete individual schedule activities characterizes which of the following time management processes? 
a. Define activities b. Sequence activities c. Estimate activity duration d. Create WBS c. Estimate activity duration 
Creating a real...
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Add to cartEstimating the number of work periods that will be needed to complete individual schedule activities characterizes which of the following time management processes? 
a. Define activities b. Sequence activities c. Estimate activity duration d. Create WBS c. Estimate activity duration 
Creating a real...
What is quality? "it is an inherent or distinguishing characteristic; a property; having a high degree of excellence" 
Features and functionality of quality "fitness for use" "conformance to requirements" 
Quality planning Determining which quality standards are important to the project and de...
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Add to cartWhat is quality? "it is an inherent or distinguishing characteristic; a property; having a high degree of excellence" 
Features and functionality of quality "fitness for use" "conformance to requirements" 
Quality planning Determining which quality standards are important to the project and de...
Which of the following examples is NOT a typical or appropriate situation to employ project management? a. improving an existing work process b. installing a new computer system c. conducting a routine, standard customer service operation d. developing a new product c. conducting a routine, standard...
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Add to cartWhich of the following examples is NOT a typical or appropriate situation to employ project management? a. improving an existing work process b. installing a new computer system c. conducting a routine, standard customer service operation d. developing a new product c. conducting a routine, standard...
Scope Planning Processesplan scope management, collect project requirements, define project scope, create work breakdown structure, establish change control 
The process of developing a plan that includes the total scope of what needs to be done and what is excluded from the project; implementation ...
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Add to cartScope Planning Processesplan scope management, collect project requirements, define project scope, create work breakdown structure, establish change control 
The process of developing a plan that includes the total scope of what needs to be done and what is excluded from the project; implementation ...
Project Management Plan (definition) A formal, approved document that defines how the project is executed, monitored and controlled 
Project Management Plan is (uses) - The bases for executing, monitoring, controlling and closing all project work -develop the outline of a project management plan -us...
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Add to cartProject Management Plan (definition) A formal, approved document that defines how the project is executed, monitored and controlled 
Project Management Plan is (uses) - The bases for executing, monitoring, controlling and closing all project work -develop the outline of a project management plan -us...
What is a Project charter? (1) An informal contract between the project team and the sponsor, formally authorizes the project, documents initial requirements that satisfy the stake holders 
Project charter 1. Authorizes the project manager to proceed. -Authorizes the commitment of resources to a pro...
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Add to cartWhat is a Project charter? (1) An informal contract between the project team and the sponsor, formally authorizes the project, documents initial requirements that satisfy the stake holders 
Project charter 1. Authorizes the project manager to proceed. -Authorizes the commitment of resources to a pro...
1. Projects often require tradeoffs among all of the following EXCEPT: A)Scope B)Cost C)Schedule D)Programs = Answer 
2. Once projects are completed, they will typically yield all of the following results EXCEPT: A) A unique product, service or result B) Make or buy decisions = Answer C) Stakeholder...
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Add to cart1. Projects often require tradeoffs among all of the following EXCEPT: A)Scope B)Cost C)Schedule D)Programs = Answer 
2. Once projects are completed, they will typically yield all of the following results EXCEPT: A) A unique product, service or result B) Make or buy decisions = Answer C) Stakeholder...
Population Includes all objects of interest in a study— people, households, machines, etc. 
Sample Representative subset of population, usually chosen randomly 
Variable (or field or attribute) Attribute or measurement of members of a population, such as height, gender, or salary 
Observation (or ...
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Add to cartPopulation Includes all objects of interest in a study— people, households, machines, etc. 
Sample Representative subset of population, usually chosen randomly 
Variable (or field or attribute) Attribute or measurement of members of a population, such as height, gender, or salary 
Observation (or ...
Regression Analysis Statistical method used to determine whether a relationship exists between variables and the strength of the relationship. 
Why Regression Analysis To predict the value of the dependent variable based on the independent variable 
Correlatio a statistical index of the relationship...
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Add to cartRegression Analysis Statistical method used to determine whether a relationship exists between variables and the strength of the relationship. 
Why Regression Analysis To predict the value of the dependent variable based on the independent variable 
Correlatio a statistical index of the relationship...
extrapolation models Forecasting models where only past values of a variable (and possibly time itself) are used to forecast future values. 
Econometric Models Forecasting models based on regression, where other time series variables are used as explanatory variables (also called causal or regressio...
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Add to cartextrapolation models Forecasting models where only past values of a variable (and possibly time itself) are used to forecast future values. 
Econometric Models Forecasting models based on regression, where other time series variables are used as explanatory variables (also called causal or regressio...
The Project Management Body of Knowledge Guide definition of a project indicates that a project is: 
A) temporary. B) multifunctional. C) designed to consume human resources. D) limited by a budget. A) temporary. 
Which of the following is NOT a project constraint? 
A) the schedule B) the technical ...
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Add to cartThe Project Management Body of Knowledge Guide definition of a project indicates that a project is: 
A) temporary. B) multifunctional. C) designed to consume human resources. D) limited by a budget. A) temporary. 
Which of the following is NOT a project constraint? 
A) the schedule B) the technical ...
Project Team Building Steps 1. Identify skills required 2. Identify personnel to match the skills 3. Talk to potential team members 4. Negotiate with the supervisor 5. Assemble the team 
Effective Teams 1. Develop skills inventory matrix 2. Develop responsibility matrix 3. Clarify roles 4. Clarify m...
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Add to cartProject Team Building Steps 1. Identify skills required 2. Identify personnel to match the skills 3. Talk to potential team members 4. Negotiate with the supervisor 5. Assemble the team 
Effective Teams 1. Develop skills inventory matrix 2. Develop responsibility matrix 3. Clarify roles 4. Clarify m...
Which of the following is NOT an example of a time series model? A. Moving Average B. Exponential Smoothing C. Exponential Smoothing with Trend D. None of the above D. None of the Above 
If the demand is 100 during October 2016, 250 in November 2016, 350 in December 2016, 510 in January 2017. What i...
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Add to cartWhich of the following is NOT an example of a time series model? A. Moving Average B. Exponential Smoothing C. Exponential Smoothing with Trend D. None of the above D. None of the Above 
If the demand is 100 during October 2016, 250 in November 2016, 350 in December 2016, 510 in January 2017. What i...
Being employed or unemployed is measured on which scale? nominal 
Shirt sizes: XS, S, M, L, XL is measured on which scale? ordinal 
Last year a small accounting firm paid each of it's 5 clerks $30,000, 2 junior accountants $65,000 each, and the firms owner $355,000. What is the mean salary paid at ...
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Add to cartBeing employed or unemployed is measured on which scale? nominal 
Shirt sizes: XS, S, M, L, XL is measured on which scale? ordinal 
Last year a small accounting firm paid each of it's 5 clerks $30,000, 2 junior accountants $65,000 each, and the firms owner $355,000. What is the mean salary paid at ...
statistical process control (SPC) a set of statistical tools, including control charts, for monitoring quality 
Deming's 14 points A list of rules espoused by Deming for creating quality improvements in manufacturing and service operations 
Common cause variability the inherent variability in an in...
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Add to cartstatistical process control (SPC) a set of statistical tools, including control charts, for monitoring quality 
Deming's 14 points A list of rules espoused by Deming for creating quality improvements in manufacturing and service operations 
Common cause variability the inherent variability in an in...
Which of the following is NOT characteristic of a project? ALL projects are large scale, one of a kind, requires long periods of time to complete and require multiple areas of expertise 
*All are characteristics of a project* 
Which of the following would be least likely to be a project? Preparing M...
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Add to cartWhich of the following is NOT characteristic of a project? ALL projects are large scale, one of a kind, requires long periods of time to complete and require multiple areas of expertise 
*All are characteristics of a project* 
Which of the following would be least likely to be a project? Preparing M...
Model inputs The given numeric values in any problem statement 
Decision variables The variables a decision maker has control over to obtain the best solutions 
Model outputs The numeric values that result from combinations of inputs and decision variables through the use of logical formulas 
Relati...
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Add to cartModel inputs The given numeric values in any problem statement 
Decision variables The variables a decision maker has control over to obtain the best solutions 
Model outputs The numeric values that result from combinations of inputs and decision variables through the use of logical formulas 
Relati...
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