Other
MNB2601 ASSESSMENT 4 SEMESTER 1 2024
- Institution
- University Of South Africa (Unisa)
MNB2601 ASSESSMENT 4 SEMESTER 1 2024
[Show more]
Content preview
5/12/24, 7:23 PM Assessment 4MNB2601-24-S1 Welcome Message Assessment 4
QUIZ
Time left 1:36:18
Question 1
Not yet answered
Marked out of 1.00
For estimation to be effective, a threshold level of confidence must be set. The threshold level is usually decided at the start
of a project.
Which one of the following levels of rigour in the estimation process is generally accepted and has a variance of 25%?
a. conceptual estimation
b. detailed estimation
c. definitive estimation
d. comprehensive estimation
Clear my choice
Question 2
Not yet answered
Marked out of 1.00
In which of the following estimation methods is a probabilistic analysis applied to determine the properties of the estimated
forecast?
a.
Monte Carlo simulation
b.
probabilistic estimation
c.
power series estimation
d.
three-point estimation
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19084976&cmid=879516 1/7
,5/12/24, 7:23 PM Assessment 4
Question 3
Not yet answered
Marked out of 1.00
In managing estimates, variance analysis is performed, assuming that sound and reliable estimates were calculated to the
expected level of confidence.
In respect of which of the common causes of variance is a recommendation made to take care in developing and maintaining
the basis of estimates?
a. estimation errors
b. operational issues
c. approved changes
d. ambiguous requirements
Clear my choice
Question 4
Not yet answered
Marked out of 1.00
Which of the following statements concerning the precedence diagramming method (PDM), as a scheduling method, is
incorrect?
a.
PDM does not include the ability to introduce varying constraints.
b.
The tasks are sequenced between the start and finish of the project.
c. All tasks, except the start and the finish, have one or more predecessors and successors: no task is left unattended.
d. Relationships between tasks are indicated by arrows.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19084976&cmid=879516 2/7
, 5/12/24, 7:23 PM Assessment 4
Question 5
Not yet answered
Marked out of 1.00
For estimation to be effective, a threshold level of confidence must be set. The threshold level is usually decided at the start
of a project.
Which one of the following levels of rigour in the estimation process is generally accepted and has a variance of 10%?
a.
detailed estimation
b.
conceptual estimation
c.
definitive estimation
d.
comprehensive estimation
Clear my choice
Question 6
Not yet answered
Marked out of 1.00
The portfolio manager at MFM Manufacturers has to choose between the execution of two competing projects, namely,
project A and project B. The mean-variance rule can be used to choose between these projects. The mean-variance rule
states that an investment in project A will be preferred to an investment in project B, provided that (i) ______ or (ii) ______.
a.
(i) either the mean expected return on project A exceeds that of project B and the variance of project A is equal to or
less than that of project B; (ii) the mean expected return on project A exceeds or is equal to the expected return on
project B and the variance of project B is greater than that of project A
b. (i) either the mean expected return on project A exceeds that of project B and the variance of project A is equal to or
more than that of project B; (ii) the mean expected return on project A exceeds or is equal to the expected return on
project B and the variance of project B is greater than that of project A
c. (i) either the mean expected return on project A exceeds that of project B and the variance of project A is equal to or
more than that of project B; (ii) the mean expected return on project B exceeds the expected return on project A
d. (i) either the mean expected return on project B exceeds that of project A and the variance of project B is equal to or
more than that of project A; (ii) the mean expected return on project B exceeds or is equal to the expected return on
project A and the variance of project A is greater than that of project B
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19084976&cmid=879516 3/7
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tatendamuzavazi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75057 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now