PROJ 586 Final Exam

PROJ
586 Final Exam

Page
1

1. (TCO A) In the _____ organization
structure, the project manager is responsible for the project results, whereas
the functional manager is responsible for providing the resources
needed to achieve the results.

2. (TCO H) What is the longest phase of the
project life cycle?

3. (TCO B) The lowest level item of any one
branch of the WBS is called a(n) _____.

4. (TCO D)A _____ is a predefined set of
actions that will be implemented if the risk event occurs.

5. (TCO F) ____the project involves measuring
actual progress and comparing it to planned progress.

6. (TCO C) If _____ is positive, it
represents the maximum amount of time that the activities on a particular path
can be delayed without jeopardizing the completion of the project by its
required completion time.

7. (TCO G) Which of the following is not
an advantage of using project management software?

8. (TCO A) Which of the following is not an
example of a project?

9. (TCO C) Why are activities drawn in a
serial relationship on a network diagram?

10. (TCO F) The project cost estimate is
allocated to _____.

11. (TCO F) It is important to use the _____
as the standard against which actual cost is compared.

12. (TCO C) Calculate the earliest start for
Task B if its predecessor, Task A, finishes on day 3 and the duration of Task B
is 2 days.

Page 2

1. (TCO B) Describe the benefits of including
the people who will be involved in performing the project when planning
the project.

2. (TCO E)
Part 1: What are some common barriers to team
effectiveness?
Part 2: Describe an example of a team
project that would include barriers to success.

3. (TCO C) A project to remodel an office
area has the following activities.

4. (TCO A)
Part 1: Compare and contrast the responsibilities of
a functional manager and a project manager in a matrix-type organization.
Part 2: A company manufactures furniture.
Which organization structure is the most suitable? Why?
Part 3: An organization builds custom houses
for urban-renewal areas. Which organization structure is the most
suitable? Why?

5.(TCO D)A firm hosts
data-mining servers and performs data mining for other companies that do not
desire the costs of hardware, software, or expertise to data mine their data.
The firm is planning to roll out faster data-mining software that will reduce
the time to sift through customers’ data by a fraction of the present
time.
Part 1: List and discuss the major
risk-management functions from a project-management perspective for the data-mining
software project.
Part 2: Describe a risk event, the
consequences, and the risk-response plan for the data-mining software
project.

6.(TCO F) Analyze and
compare the costs of the two projects in terms of performance efficiency,
budget, and schedule. Make sure to show your calculations and analyze and
explain the results.
Project A: The budgeted cost of work
performed is $72,000, and the actual cost of work performed is $75,000. The
budgeted cost of work scheduled is $73,000.
Project B: The budgeted cost of work performed is
$48,000, and the actual cost of work performed is $100,000. The budgeted cost
of work scheduled is $122,000.

7.(TCO B) An environmental
consulting firm has been hired to clean up contaminated ground water beneath
the site of a former chemical factory. The cleanup design process consists of
evaluating several alternatives; preparing a conceptual design for the most
appropriate alternative; evaluating the conceptual design by performing a
small-scale pilot test on site; and, based on the results of the pilot test,
preparing a final design. Installation of the cleanup system will be performed
by subcontractors under the supervision of the consultant………..Number the
WBS codes so that the level of each activity is clearly identified. Do not
worry about indentation.

8.(TCO B) You are reaching
the end of your graduate-school program, and you are planning a large party to
celebrate your success! You have rented out the local forest preserve as the
venue for your party. Applying your project-management skills, you want to
ensure you have everything planned out, and you’ve asked your family and
friends to be a part of your team to hold this party. At your party, you
have made it clear to your team what you want to have delivered. After
all, it’s your party–you can have whatever you want! Some of the key
items you want………….
a) To
ensure you have a clear scope for your team, create a 2-level WBS. Don’t
forget to include your WBS numbering.
b) In
your WBS, how many work packages have been created ?