Bus517 Final Exam Part 3 (A++++)
Question 1
The first step in the project control process of the measurement and evaluation of project performance is to
Answer
Set a baseline plan
Determine the project objectives
Determine the project deliverables
Analyze the project budget
Review the project priority matrix
Question 2
The third step in the project control process of the measurement and evaluation of project performance is to:
Answer
Review the baseline plan with top management
Analyze inputs to the control system
Compare the plan against actual performance
Measure both progress and performance
Review spending with team members
Question 3
A project monitoring system involves all of the following except:
Answer
Determining what date to collect
Determining how, when, and who will collect the data
Adjusting the data
Analysis of the data
Reporting current progress
Question 4
The last step in the project control process of the measurement and evaluation of project performance is to:
Answer
Take appropriate action
Prepare a report to top management
Follow up on corrective action
Measure progress and performance
Review spending with team members
Question 5
The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?
Answer
EV/BAC
(EV-PV)/BAC
AC/EAC
(EV-AC)/BAC
(EV-PV)/EAC
Question 6
The second step in the project control process of the measurement and evaluation of project performance is to:
Answer
Review the baseline plan with top management
Analyze inputs to control system
Compare plan against actual
Measure progress and performance
Review spending with team members
Question 7
Small refinements that eventually build to be major changes are known as:
Project erosion
Scope creep
Specification adjustments
Specification refinements
Continuous improvements
Question 8
In monitoring project time (schedule) performance actual performance should be compared to:
Answer
Budgets for the current year
Top management’s targets
Project network schedule derived from the WBS/OBS
Progress on similar past projects
Previous status reports
Question 9
Implementing closedown includes the following major activities except:
Answer
Getting delivery acceptance from the customer.
Shutting down resources and releasing to new uses.
Closing accounts and seeing all bills are paid.
E-mail the project team that the project is complete.
Creating a final report.
Question 10
In the Snapshot from Practice, New Balls Goes Flat in NBA, is an example of a project gone wrong when the _______ is/are not consulted.
Answer
Manufacture
Equipment and facilities managers
End-users
The Fans
Project manager
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