strayer bus375 FINAL exam PART 1 AND PART 2

• Question
1
4 out of 4 points

Smoothing out project resources
from period to period is called

• Question
2
4 out of 4 points

Which of the following scheduling
techniques is most appropriate today for managing a project?

• Question
3
4 out of 4 points

The major disadvantage of using a
bar chart on large projects is that bar charts:

• Question
4
4 out of 4 points

Laying out a network diagram when
you know before-hand the size of the available resource pool is called:

• Question
5
4 out of 4 points

Activities with zero time
durations are called:
• Question
6
4 out of 4 points

If the slack in a 12 week
activity is 6 weeks and ES = 4, then LF = _____.

• Question
7
4 out of 4 points

Which of the following schedule
compression techniques usually requires adding more resources to each work
package that is being compressed?

• Question
8
4 out of 4 points

A charting technique designed to
illustrate the inductive and deductive reasoning necessary to achieve some
objective is called a _____ Diagram / network

• Question
9
4 out of 4 points

Which of the following is
normally not one of the three critical parameters provided in information
reporting to the customer?

• Question
10
4 out of 4 points

Which type of chart provides the
least “predictive” value?

• Question
11
4 out of 4 points

When a functional manager tells
you that your project is 10% more difficult than the standard project, the
functional manager is providing you with a _____ estimate.

• Question
12
4 out of 4 points

Which of the following projects
would most likely have reasonably good estimating techniques?

• Question
13
4 out of 4 points

An employee earning $40/hour
works in a department where the overhead is 125%. A billable or charge back
hour to this department would be:

• Question
14
4 out of 4 points

Which of the following is
generally not part of capital budgeting?

• Question
15
4 out of 4 points

Which of the following standard
project estimating techniques is usually accomplished in weeks?

• Question
16
4 out of 4 points

Material provided in a proposal
to justify one’s estimates are called:

• Question
17
4 out of 4 points

Which of the following components
of life cycle costing incurs the largest cost?

• Question
18
4 out of 4 points

Pricing out the construction cost
of a home by a cost per square foot would be representative of a _____
estimate.

• Question
19
4 out of 4 points

The person or group with greatest
ability to influence cost at project initiation is:

• Question
20
4 out of 4 points

Variance envelopes are usually
established because:

• Question
21
4 out of 4 points

Work that does not lend itself to
subdivision into discrete scheduled increments of work, such as project
support, is called:

• Question
22
4 out of 4 points

A common cause for a favorable CV
but unfavorable SV might be:

• Question
23
4 out of 4 points

The form that is used to
establish charge numbers is the:
• Question
24
4 out of 4 points

If the schedule variance is
positive and the cost variance is negative, the project’s status is:

• Question
25
4 out of 4 points

The best method to price out a
work package is to use the:

• Question
1
4 out of 4 points

Which of the following is
normally not one of the three parameters considered during tradeoffs?

• Question
2
4 out of 4 points

Which of the following generally
gets reduced during tradeoffs?

• Question
3
4 out of 4 points

Assigning high, medium or low to
a potential risk is part of:

• Question
4
4 out of 4 points

Brainstorming, assumption
analysis and WBS decomposition are techniques used for:

• Question
5
4 out of 4 points

Which of the following is not
considered to be an insurable risk?
• Question
6
4 out of 4 points

If a project manager awards a
firm-fixed price contract to a supplier, he / she is using:

• Question
7
4 out of 4 points

Monte Carlo simulation is a
technique used as part of:

• Question
8
4 out of 4 points

Which risk handling mode is a
project manager using if he / she throws out one of three designs for a new
product?

• Question
9
4 out of 4 points

A technique that uses a series of
probability distributions and then transforms them into various risks is
called:

• Question
10
4 out of 4 points

If a project manager believes in
a proactive rather than reactive risk management approach, he/she is using:

• Question
11
4 out of 4 points

An intentional relinquishment of
a legal right is a (n):

• Question
12
4 out of 4 points

The type of contract where all of
the seller’s costs are reimbursed and the seller will also receive a percentage
of the profit pool based upon how well the buyer likes the end result is a
_____ contract.

• Question
13
4 out of 4 points

“Hygiene Factors” refers to:

• Question
14
4 out of 4 points

Which of the following is
generally not included in a solicitation package?

• Question
15
4 out of 4 points

During contract negotiations, the
goal of the buyer is to:
• Question
16
4 out of 4 points

Which type of cost-plus contract
provides the seller with a guaranteed dollar-value profit rather than as a
percentage?

• Question
17
4 out of 4 points

Billing the cost of repairs
against a financially closed out project is called _____.

• Question
18
4 out of 4 points

Which of the following is
generally not part of “Conducting the Procurements”?
• Question
19
4 out of 4 points

Acceptance sampling is a
statistical process for evaluating a portion of lot for the purpose of:

• Question
20
4 out of 4 points

The cause and effect chart is
used to _____.
• Question
21
4 out of 4 points

Design of experiments is
attributed to:

• Question
22
4 out of 4 points

Which of the following is not one
of the four categories of the cost of quality?

• Question
23
4 out of 4 points

The collective term for the
activities and techniques within the overall process is called:

• Question
24
4 out of 4 points

The balance between quality and
cost is called:
• Question
25
4 out of 4 points

The fact that random variation is
always present in any process is called: