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Devry MGMT404 Week 7 Quiz Latest

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Devry MGMT404 Week 7 Quiz Latest All Answers

Question 1 (TCO 4) An example of parametric estimating would be:

If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.

Question 2 (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your CPI is .78. What does this mean to you?

The project is doing fine. It will be completed on budget.
The project is slightly under budget. No corrections are needed.
The project is slightly over budget. Corrections are needed.
The project is very much over budget. Immediate corrections are needed.

Question 3 (TCO 4) Which of the below is an example of an indirect cost to a project?

Concrete needed to complete a parking garage
A consultant for an IT project
Boats for a river rescue
Janitorial services for an entire building

Question 4 (TCO 7) Which of the following is an example of an informal verbal form of communication?

A major status meeting with project clients on the project’s progress
Presentations to senior management on the project status
Contracts with a client
A memo from the senior VP of the company

Question 5 (TCO 8) What document provides the project manager with information concerning what department and what individual is to provide HR support to his or her project?

The WBS
The OBS
The RAM
The RBS

Question 6 (TCO 8) You are the project manager of a large, virtual financial project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team?

Establish a code of conduct for the project team.
Create a process to handle conflict.
Ensure all members of the team fully understand the project scope.
Hold face-to-face meetings whenever possible.

Question 7 (TCO 9) Agile project managers make use of iterations. What are iterations also known as in agile project management?

Sprints
Stand-up meetings
Stories
Burn down charts

Question 8 (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project?

Milestones eliminate unnecessary changes to a project.
Milestones align schedules with suppliers.
Milestones trigger other team members’ participation in the project.
Milestones allow for periodic review of the project.

Question 9 (TCO 4) Compare and contrast top-down and three-point estimating techniques.

Question 10 (TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project. All values are in dollars.

Project A Project B
EV 850 550
PV 875 575
AC 900 650

Question 11 (TCOs 4 and 6) What is the overall process of resource leveling on a project?

Question 12 (TCO 8) All projects suffer from some form of conflict at one time or another. List and describe four common sources of conflict on a project and provide examples of each from either a recent project or from your personal life.

Question 13 (TCO 9) Agile project teams are typically co-located. Why is this so important to an agile project and what does it facilitate on an agile project?

 

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Devry MGMT404 Week 7 Quiz Latest

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