Project Management Final Exam - 45 Questions & Answers

Document Content and Description Below

Project Management Final Exam - 45 Questions & Answers Why is a face-to-face meeting the best approach for obtaining approval to proceed? You can ensure that stakeholders understand the project plan ... before they formally commit to it. The IT department says that there are several products on the market that do what the project needs. What is the most important thing you need to ensure that you select the product that best meets the project requirements? clear and prioritized requirements The change review board can't get through all the change requests that are submitted. They want to focus on requests with significant impact. What is the easiest way to allow the review board to focus on significant changes? Set thresholds so you or team leads can decide what to do with small change requests. The development team has a problem with one of the software features and needs to quickly brainstorm a solution with the vendor team, which is not local. What method of communication would you choose for the brainstorming session? Videoconferencing One risk to your schedule is that a hard drive with customized software fails and you lose the work that was done. The development team regularly backs up their work so they can resume work quickly after a hard drive failure. What type of risk management strategy do backups represent? risk mitigation To get early warning that a risk might occur, what is the key item to document in your risk information forms? the events that might trigger the risk To create a project schedule, you need to perform several tasks. Which choice is not one of these tasks? Set a deadline for the project. Which estimate on a normal distribution provides the best chance for a project being selected and completed successfully? the average of the worst-case value and the 50% probability value on the normal distribution When would you create a work package that describes the work to be done in explicit detail? the assigned resource is inexperienced A work breakdown structure diagram shows work broken down into manageable pieces, which provides several benefits for managing projects. Which choice is not a benefit? identifying deliverables When you start a project plan, what information do you identify first because it drives most of the plan? the work that must be done A risk that has become reality in your project has led to a cost increase. You have already used the funds reserved to handle this risk and have concluded that you need additional funds that the project does not have. Who is the most likely person or group you need to ask for help? your organization's management team So many problems have risen recently in your project that you can't handle them all. What is the first step you would take to handle these problems effectively? Ask yourself if the problems are important. To get a detailed picture of project [Show More]

Last updated: 1 year ago

Preview 1 out of 5 pages