Project Management Series-13 November 30, 2020December 28, 2020wefru Quiz Project Management Series-13 quiz you are applying for a job / interview / Competitive Exams RBB, SSC, MBA, B.Com, BBA Enterence exams Solving quiz you will prepare yourself.. 0 Created on November 29, 2020 By wefru Projects Series 13 TEST YOUR SKILLS BRODLY 1 / 10 Q121. _______ is normally not a method of RoI (return on investment) analysis.1 Net present value projection Sunk cost analysis Simple payback calculatio Internal rate of return 2 / 10 Q122. What is the most important benefit of a 360 degree review? The reviewed person will regard the assessment process as fair and developmental Assessments from different perspectives leave no weak spot of a person unaddressed. Managers will be assessed by their subordinates, enforcing a more participative style One can use a simple standard questionnaire to gather data from the reviewers. 3 / 10 Q123. You are using a phase gate approach for your project. What do you need toconsider?1 The order of phases must be strictly consecutive without overlapping in order to allow for gates. Gates are often called kill points, when they are used to eliminate weak team members. Phase gates are often used to verify entry criteria of a previous phase and exit criteria of the next one Approaching phase gates early is a common signal that project planning has been poor 4 / 10 Q124. Post mortem earned value analysis of a project showed the following data:SPI: 0.78CPI: 1.00What is this telling you? 1 The entire work of the project has been finished behind schedule and on budget. The entire work of the project has been finished ahead of schedule and on budget. o The project has been terminated before completion. At that time it was behind schedule and on budget The project has been terminated before completion. At that time it was ahead of schedule and on budget. 5 / 10 Q125. A project has undergone a major scope change, which increased cost and worklevels. What does this mean for earned value data? The cost baseline will be updated and the new baseline will be the basis for future earned value analysis. As baselines should generally not be adjusted, the project is due to exceed its budget from now on There are several reasons to change a baseline, but not scope changes. The project will exceed its budget. Earned value analysis becomes useless after a scope change, the technique should not be used any more. 6 / 10 Q126. Which statement describes best the meaning of leadership? Ensuring predictability in an uncertain environment Sustaining an ongoing business over a long period of time Adhering to publicized standards and procedures Developing a vision and strategy and motivating people 7 / 10 Q127. As a project manager, you must demonstrate transparency regarding… …confidential information …proprietary information. …distribution of unproven information and gossip your decision-making processes. 8 / 10 Q128. Who should always issue the project charter? A person internal to the project organization A project initiator or sponsor A low-level manager of the performing organization A high-level manager of the performing organization 9 / 10 Q129. You are planning quality management for your project. How can a processflowchart help you It may help identify outliers. It may help understand the COQ in a process It may help spot accountable staff. It may help react later 10 / 10 Q130. A difference between a statement of work and a scope statement is The statement of work is prepared by the customer while the scope statement is developed by the project management team. The statement of work is prepared by the customer while the scope statement is developed by the project management team. The project scope statement is in most projects developed before the statement of work is written A project scope statement can become a contract document; a statement of work cannot Your score is The average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
