Project Management (MAN4583) Final UCF Latest Update Graded A+

Project Management (MAN4583) Final UCF Latest Update Graded A+ If you are experiencing costs based upon historical data from experience w/ a comparable project, you are using: (based off past projects (analogy)) Analogous Estimating To find the ___________ activities / zero slack, you have to calculate the forward and backward pass through your network. Critical Path In your network diagram, A is a predecessor for B, C, and D. Therefore, A is a ____________ activity. Burst To find the free slack (float) for each activity in your network diagram, you should calculate: Late Start - Early Start Your network diagram includes all of the following EXCEPT: Calendar dates Scaling w/ a unit of measure, such as square feet or lines of code, is _______________ estimating. Parametric The __________________ in your budget is set aside for "unknown unknown" risks. Management Reserve The __________________ helps cash flow planning and is the basis of controlling project costs and schedule once work commences. Time-phased budget An agile approach would work best in all of the following situations except: Highly defined scope requirements Monitoring scrum project progress can be accomplished by using: Burndown charts The __________________ in scrum supports the team by facilitating daily standups and removing impediments. Scrum Master Which of the following tasks occurs first? Obtain customer acceptance Ideally, lessons learned should be collected: Throughout the project In a bidding process, giving information to one vendor but not others is an ethical issue related to this pillar: Fairness The project is AHEAD of schedule when: Earned Value (EV) is greater than Planned Value (PV) The project is BEHIND schedule when: Earned Value (EV) is less than Planned Value (PV) The 3-point estimating system consists of: The best case, worst case, and most likely What is a "burst" activity? 1 activity with activities following it. What's a "Float" (slack) activity? Late start - early start What is the code of ethics acronym its and