Man 4583 exam 2 questions - Study guides, Class notes & Summaries

MAN 4583 Exam 1 Questions and Answers Rated A+ What constitutes a project? - Temporary endeavor - Beginning and end - Creates unique product - Not continuous operation - Budget Project Manager - Assigned to achieve projects objectives - Leads projects team - Organizes projects resources - Planning/ overseeing project in its entirety - COMMUNICATING - Authorization given through project charter Simple Project Life Cycle/ Knowledge Areas of Process Groups Initiating, planning,...

MAN 4583 Exam 2 Questions and Answers Already Passed What is a Project Network A flow chart that graphically depicts the sequence, interdependencies, and start and finish times of the project job plan of activities that is the critical path through the network. What are some of the things to be considered in the critical path? scheduling labor and equipment communication project's duration budgeting cash flow Identifies critical activities What is an activity? An element of the...

UCF MAN 4583 Exam 2 Questions & Answers 2024/2025 I'm here for you! Through the years, Quizlet has helped me so much in my exams, quizzes, and assessments. I want to pay it forward If you find this helpful and would like to donate as little as $2-$5 to @stay-curious101 on Venmo it would mean the world to me! With every act of kindness, I'll pay it forward. :) "The average American gives 2.6% to charity every year" - Best of luck with all your classes! - ANSWERSThank You! ...

Man 4583 Exam 2 Questions and Answers Already Passed Which of the following represents an activity on an AON project network? A node When translated into a project network, a work package will become one or more activities Which of the following is provided by both the project network and the work breakdown structure? activity duration On a project network, the activity times are derived from the work package An activity that has more than one dependency arrow flowing into it is...

A You are in the process of creating cost estimates for your project activities. You start with a document that details all the activities that will be performed in the project, and you begin to estimate the cost of each of the activities listed. What is this document? A. Work Breakdown Structure B. Network Breakdown Diagram C. Critical Path Structure D. None of the above C While planning for a construction project, you realize that one of the project activities requires a crane. Your company ...

WBS breaks down into ____ rather than ___ deliverables; activities when defining work activities it is essential to involve the people who will actually be performing the project work how do you define a work activity give activity a name; short & starts with a verb Sequencing work activities put work activities in a logical order you should sequence activities so that they are done ASAP Who should create estimates for activity durations those who will be performing the activities overesti...

Which of the following represents an activity on an AON project network? - A node When translated into a project network, a work package will become - one or more activities Which of the following is provided by both the project network and the work breakdown structure? - activity duration On a project network, the activity times are derived from the - work package An activity that has more than one dependency arrow flowing into it is termed a - merge activity Which of the followi...

Man 4583 Exam 2 With All Questions and Answers ...

UCF MAN 4583 Final Exam Questions & Answers 2024/2025 Risk - ANSWERSWhat is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks - ANSWERSWhat are the 3 steps in understanding risks? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative risk analysis 3. Risk respon...

MAN 4583 Final Exam Questions and Answers Rated A+ What is an uncertain event or condition that, if it occurs, has a positive or negative effect on project objectives? Risk What are the 3 steps in understanding risks? 1. Hold a brainstorming session 2. Industry specific risk categories 3. Look at WBS and identify risks by tasks or group of tasks What are the four ways to manage project risk? Develop a risk management plan 1. Identify risks 2. Perform qualitative & quantitative...