Introduction to ICT Project Management – Final Exam

When is a project considered complete?

Which cash flow analysis technique takes into account the fact that money received in the future is worth less than money received today and can put an exact value on the future value of money?

_______ are defined as groups of related projects that are managed using the same techniques in a coordinated fashion.

What type of organization structure is primarily used in organizations where project work is the primary business of the organization, like a contracting firm or a professional engineering firm?

All of the phases of the project are referred to as the _________.

What are the two processes in the initiating process group?

Which of the following is a document will formally authorize either the project or a phase of the project to begin?

Which business case driver would be responding to what the market is requesting?

Data gathering is one of the tools and techniques defined for the develop project charter process. Which of the following would not be an example of a data gathering technique for the develop project charter process?

Which of the following stakeholders is typically an executive with the authority to assign resources to a project as well as having the final authority and decision maker for project issues?

Which document is the formal, approved document that is concerned with defining and documenting the activities that will be required for the project?

Which decision-making technique is where all participants agree?

The project scope is defined as:

The __________ is a hierarchical division of the project scope of work.

Which technique for the Create WBS process for documenting major deliverables of the project breaking them down into smaller work packages?

What is the planning process of documenting specific activities that must be performed in order to create the project deliverables?

Which output for the define activities process will define significant activities and the scheduled dates for completing these activities?

Which PDM logical relationship specifies that the completion of a successor activity depends on the completion of the predecessor activity?

Which is the planning process of estimating the proper amount of resources that are required to complete each project task?

Which output for the estimate activity resources is a comprehensive list of project resources organized by resource type?

What is the formula for creating estimates using the three-point estimating technique?

What are the two resource optimization techniques that can be used to adjust the schedule based on the availability of resources?

Which technique for the develop schedule process that can shorten the project schedule without changing the project scope?

The primary purpose of the _______ is to determine and document start and finish dates for each of the project activities.

____________ are the defects and incorrectly performed work found by the customer.

What technique for the determine budget process manages project funds and verifies that the correct amounts are being spent during each phase of the project?

The cost baseline is made up of what two elements?

What is the formula for calculation the total communication channels?

Which communication method is a two-way exchange of information between communication participants?

Which of the following is a tool that organizes project risks and defines the probability as very low, low, medium, high, and very high. Risks are then evaluated against the criteria of cost, time, scope and quality to determine the impact of each risk in each area?

What is the planning process that analyzes project risks using a numerical approach?

Which technique for the plan risk responses process includes modifying the project plan to eliminate or avoid the possibility of the risk occurring entirely?

What is the planning process of identifying what goods and/or services will need to be purchased from outside of the organization?

What type of fixed price contract sets a fixed-price for a specified product or service, but it includes predefined adjustments as a result of changes in the economy, such as inflation, interest rates, and market conditions of commodities over the long duration of time?

Which of the following is a technique for the plan procurement management process that will be used to determine if a product or service can be supplied by the project management team or if it is best to have the product or service provided by an outside supplier or vendor?

Which executing process involves putting the project management plan into action?

Which executing process verifies that quality standards defined in the project quality management plan are being achieved on the project?

Which is the executing process of obtaining the project team members so the activities of the project can be completed on schedule?

Dr. Bruce Tuckerman devised a model that defines how teams develop and evolve. During the _______ stage, project team members have settled into their positions in the group and decisions are made together by all members of the project team.

What is the executing process of tracking the performance of individual project team members and providing feedback on their performance?

What is the executing process of creating, collecting, distributing, storing, and retrieving project information as defined in the communication management plan?

Which input for the conduct procurements process provides the vendors, suppliers and contractors with clearly stated goals, requirements and outcomes so they can provide a clear response to bid requests?

Which output for the conduct procurements process are legally binding agreements that obligate the seller to provide the contracted product or service for the stipulated price, and obligate the buyer to compensate the seller once the terms of the contract have been fulfilled?

Which monitoring and controlling process gathers and reviews any change requests that have been received by either the project team or project stakeholders and approving changes?

Which of the following are the tools and techniques for the validate scope process?

Which of the following is one of the data analysis techniques that may be used for the control scope process?

Which technique for the control schedule process is a schedule modification technique that, if done correctly, can shorten the project schedule without changing the project scope?

When using earned value management as a technique of the control cost process, what is the value of the work that is completed in relation to the authorized budget for that work?

Which technique for the control cost process is a calculation that analyzes the work remaining and the funds remaining to determine if the budget at completion (BAC) can be achieved based on the current rate of progress and funds being spent for the project work so far?

Which of the following is a technique that illustrates how various factors are linked and are useful to uncover the root cause of project problems?