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COURSES > MGT250-HK. PROJECT MANAGEMENT > CONTROL PANEL >ASSIGNMENTS&EXAM > REVIEW ASSESSMENT: FINAL EXAM
Review Assessment: Final Exam
Name: Final Exam
Status : Completed
Score: 23 out of 60 points
Instructions:
The final exam contains 40 multiple-choice questions and 20
true/false questions. Please study the materials available to you
before taking the test. For multiple-choice questions, identify the
answer that is most correct. For ture/false questions, identify
whether the statement is true or false. Make sure you have thought
through your answers carefully before submitting the final exam.
Question 1 1 of 1 points
The Theory X approach to managing workers is a classic example of a
top-down view of how people should be managed.
Selected Answer: True
Question 1 of 1 points
5
A laissez-faire management style may lead to a ship without rudder
syndrome.
Selected Answer: True
, Question 1 of 1 points
14
Internal Rate of Return (IRR) is the discount rate that sets the present
value of cash outflow equal to the present value of cash inflow.
Selected Answer: True
Question 15 1 of 1 points
Confidence in the accuracy of a cost estimate increases when top-down
and bottom-up estimates converge.
Selected Answer: True
Question 16 1 of 1 points
Which of the following shows resource allocation over time?
Selected Answer: a. Resource Gantt chart
Question 17 1 of 1 points
A project can be terminated prematurely because the original
objectives may no longer be valid.
Selected Answer: True
Question 18 1 of 1 points
A key weakness of the Benefit-Cost ratio project selection mechanism
is that:
Selected a. It only focuses on things that can be
Answer: measured
Question 19 1 of 1 points
, An objective of prototyping is to minimize life-cycle cost.
Selected Answer: True
Question 22 1 of 1 points
Concurrent engineering involves overlapping tasks and phases to
accelerate a project's schedule.
Selected Answer: True
Question 1 of 1 points
23
What is the function of a change control board (CCB) in configuration
management?
Selected a. To assess the management impacts of change
Answer: requests
Question 29 1 of 1 points
Which of the following is an elapsed time task?
Selected Answer: a. Paint is drying
Question 1 of 1 points
30
Top-down estimates (also called parametric estimates):
Selected Answer: a. Are based on historical trends
Question 32 1 of 1 points
Definitive estimates are generally derived from:
, Selected Answer: a. Bottom-up estimates
Question 36 1 of 1 points
A key objective of change control in configuration management is to
keep track of actions taken in response to change requests.
Selected Answer: True
Question 39 1 of 1 points
Under rapid prototyping (also called application prototyping), the
customer actually sees and works with the deliverable as it evolves.
Selected Answer: True
Question 1 of 1 points
41
If you want to shorten the length of a project, you must:
Selected Answer: a. Shorten the critical path
Question 45 1 of 1 points
If review of a project's status indicates that BCWP = $400, ACWP =
$400, and BCWS = $500, the project is:
Selected Answer: a. On budget, behind schedule
Question 46 1 of 1 points
The critical path:
Selected Answer: a. Provides the duration of a project
Question 1 of 1 points
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