100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Proj Mno Exam 1 Quizes Actual Questions And And Answers 100% Guaranteed Pass. $13.99   Add to cart

Exam (elaborations)

Proj Mno Exam 1 Quizes Actual Questions And And Answers 100% Guaranteed Pass.

 4 views  0 purchase
  • Course
  • MNO
  • Institution
  • MNO

A WBS is_________ (check all that are true) A visual representation or "picture" of the project A schedule of project activities Correct! A helpful tool for eventually developing accurate estimates Made by a project manager alone and shared with the team A to-do list of project item...

[Show more]

Preview 3 out of 16  pages

  • October 17, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MNO
  • MNO
avatar-seller
RealGrades
Proj Mno Exam 1 Quizes

A WBS is_________ (check all that are true)



A visual representation or "picture" of the project

A schedule of project activities

Correct!

A helpful tool for eventually developing accurate estimates

Made by a project manager alone and shared with the team

A to-do list of project item - correct answer A visual representation or "picture" of
the project

A helpful tool for eventually developing accurate estimates



Communication Planning is important:

On almost all projects

Only when working across time zones

When the project does not use a WBS

Only when working cross-culturally - correct answer On almost all projects



The 100% rule might be broken if: (check ALL that apply)

The sum of the work at the child level equals 100% of the parent

Team members are not giving 100% effort 100% of the time

The WBS covers all of the deliverables

An item appears in the WBS in more than one place

The WBS covers deliverables that are out of scope - correct answer An item
appears in the WBS in more than one place

The WBS covers deliverables that are out of scope

,Calculate the estimated time for John to move out of his house using the PERT method. John thinks that
most likely he will be able to pack his boxes and move the furniture out with about 10 hours of work. If
all goes really well, he could probably do it in 6 hours. If he discovers that his closets are completely full
and he forgot about the boxes in the attic, it could take him as long as 20 hours. - correct answer
11 hours



Estimating is easier and more accurate with all of the following except:

All of the other answers make estimating easier and more accurate

A reference

More than one person making estimates

Long-range or large estimates

Experience - correct answer Long-range or large estimates



When considering project time, it is best to estimate using

_____ , schedule using _____

, and report using ____ - correct answer effort, duration, calendar time



One rule of thumb for determining how far to break down a WBS is to go to a level at which a single
entity (individual or organization) can be assigned responsibility. Another common tip was to follow the
8-80 rule. However, in fast-moving projects (such as IT projects) it is often better to break the work
down into packages that are:



Smaller (2-40 hours)

The speed or type of work makes no difference in the level of detail desired in the WBS.

Much bigger (20-200 hours)

Bigger (12-100 hours) - correct answer Smaller (2-40 hours)



Check all of the following that are true for top-down estimates (when being compared with bottom-up
estimates). Make sure your answer reflects what is correct for Top-Down Estimates.

A.Might use Template or Range estimating methods

B. Might use Consensus or Apportion estimating methods

C. Higher cost to create estimate

, D. Typically made by people who will actuallly be doing the work or are very directly supervising it

E. Lower accuracy of estimate

F. Typically made by top managers

G. Higher Accuracy of estimate

H. Lower cost to create estimate - correct answer BEFH



The lowest level of a Work Breakdown Structure is called a

______ and should answer which of the following?



A. What?



B. How Long?



C. Cost?



D. All of the above



E. A and B only - correct answer Work Package D



A Responsibility Matrix that uses the RACI terms should have only one person listed as _____ - correct
answer accountable



T/F: A stakeholder analysis is typically done as part of developing a communication plan. - correct
answer True



Janet is forecasting how much money her department needs to support a new project. She estimates
that two people and $25,000 in expenses will cover her needs. Because management typically insists on
reducing forecasts by 20 percent, she increases her estimates to allow for that reduction. Which of the
following factors is illustrated in this situation?

People

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart