BUS 517 FINAL EXAM PART 4 / BUS 517 FINAL EXAM PART 4
Question 1
The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?
Answer
EV/BAC
(EV-PV)/BAC
AC/EAC
(EV-AC)/BAC
(EV-PV)/EAC
Question 2
The earned value of a project is the:
Answer
Project cost to date adjusted for project scope changes
Total project cost to date
Cost incurred minus the planned cost
Percent of the original budget that has been earned by actual work
Question 3
The third step in the project control process of the measurement and evaluation of project performance is to:
Answer
Review the baseline plan with top management
Analyze inputs to the control system
Compare the plan against actual performance
Measure both progress and performance
Review spending with team members
Question 4
The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?
Answer
EV/BAC
(EV-PV)/BAC
AC/EAC
(EV-AC)/BAC
(EV-PV)/EAC
Question 5
The cost variance for a project is calculated by:
Answer
EV-AC
AC-SV
PV-EV
CU-EV
EU-PV
Question 6
The second step in the project control process of the measurement and evaluation of project performance is to:
Answer
Review the baseline plan with top management
Analyze inputs to control system
Compare plan against actual
Measure progress and performance
Review spending with team members
Question 7
Implementing closedown includes the following major activities except:
Answer
Getting delivery acceptance from the customer.
Shutting down resources and releasing to new uses.
Closing accounts and seeing all bills are paid.
E-mail the project team that the project is complete.
Creating a final report.
Question 8
Items technical in nature and focus on solutions to problems that surfaced would typically appear in the _____ section of the final project report.
Answer
Analysis
Recommendations
Classification of project
Lessons learned
Strategic objectives
Question 9
The section of the final project report that new project teams are likely to find most useful is the:
Answer
Analysis
Recommendations
Classification of project
Lessons learned
Strategic objectives
Question 10
Releasing the project team typically occurs _________ during the closure phase.
Answer
Gradually
Rarely
Without bombast
Rapidly
All at once
Question 11
Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report.
Answer
Analysis
Recommendations
Classification of project
Lessons learned
Strategic objectives
Question 12
When a project may start with a high priority but see its rank erode or crash during its project life cycle as conditions change this is an example of:
Answer
Normal
Premature
Perpetual
Failed Project
Changed Priority
Question 13
If a construction company in Dallas builds a bridge in Houston, the project would be classified as
Answer
Global
Overseas
Local
Domestic
Foreign
Question 14
If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified as
Answer
Global
Overseas
Local
Domestic
Foreign
Question 15
A sense of frustration in not being understood is typical of which of the following stages of culture shock?
Answer
Honeymoon
Gradual adjustment
Irritability and hostility
Repatriation
Adaptation
Question 16
McDonald’s is creating a multinational distribution system for all of its foreign and domestic subsidiaries. The project manager is from the corporate headquarters and he manages teams from each of the countries involved. The project would be classified as
Answer
Global
Overseas
Local
Domestic
Foreign
Question 17
Culture is a concept that encompasses all of the following except:
Answer
Shared norms
Beliefs
Values
Economic level
Customs
Question 18
Which of the following is not contained in the Assessment Matrix Project Site Selection?
Answer
Political stability
Worker skill, supply
Infrastructure
Culture compatibility
Utilities
Question 19
Which of the following is not one of the forms that stress-related culture shock takes?
Answer
Fatigue
Sleeplessness
Headaches
Hyperactivity
Question 20
The term that is used to reflect how organizations oversee their project management systems is:
Answer
Project administration
Fiduciary responsibility
Management
Oversight
Project regulation
Question 21
Which of the following is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers and continued improvement and use of best practices?
Answer
Portfolio Project Management
Project Office Management
Project Management Optimization
Project Priority Matrix Management
Resource Allocation Optimization
Question 22
The use of an organization-wide project management system tailored to specific needs of the organization is established in which of the following Maturity Model Levels?
Answer
Ad Hoc Project Management
Formal Application of Project Management
Institutionalization of Project Management
Management of Project Management System
Optimization of Project Management System
Question 23
The development of a system for managing multiple projects that are aligned with strategic goals is established in which of the following Maturity Model Levels?
Answer
Ad Hoc Project Management
Formal Application of Project Management
Institutionalization of Project Management
Management of Project Management System
Optimization of Project Management System
Question 24
The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?
Answer
Ad Hoc Project Management
Formal Application of Project Management
Institutionalization of Project Management
Management of Project Management System
Optimization of Project Management System
Question 25
The in-depth review of individual projects at specific phases in the project life cycle is known as:
Answer
Project Assessment Checkpoint Reviews
Go/Kill Decision Review Methodology
Phase Gate Methodology
Stargate Review Methodology
