FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 2: Executing Strategy: Project Management

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

True/False

Review LaterAdd Note

Review Later

The optimistic time is the amount of time the project will take under the worst-case scenario.

Correct Answer

verified

Show Answer

Question 22

True/False

Review LaterAdd Note

Review Later

Projects should be evaluated against standards and by methods established at their completion,including procedures for monitoring,collecting,storing,and evaluating the history of the project.

Correct Answer

verified

Show Answer

Question 23

Multiple Choice

Review LaterAdd Note

The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its:

Which of the following is NOT an example of a project?

An event is a series of connected activities from the start to the finish of the project.

Describe the four qualities are sought after in a project manager.

The amount of _____ _____ needed to protect a particular path in a project is less than the sum of the _____ _____ required to protect the individual activities making up the path.

The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain.

Favorable variances do not require corrective action or further investigation;only unfavorable variances in performance.

Project charters should contain some level of information regarding which of the following elements:

Which of the following project categories typically seeks the development of a new generation of outputs?

Which of the following project categories might lead to the other project categories?

Among the reasons for the growth in project operations we find:

Many projects require different emphases during their life cycle.For example,technical performance may be crucial at the beginning,cost overruns in the middle,and on-time completion at the end.Given the project of running a political campaign,what would be there top three emphases starting from the beginning to end?

Why is a project portfolio a better approach to a project than the ROI approach?

Briefly describe the importance of a Project charter.

Give an example of Activity Time Variability with Path Interdependencies.

How are projects not like other typical or routine processes?

When workers receive approval for a task based on inflated time estimate,they may perceive that they now have plenty of time to complete the task and therefore delay starting the task.What has this concept been called?

Using CPM,when activity times are not known with certainty,we still can determine how long it will actually take to complete the project.