41. The only project dimension that cannot be quantified is quality. True False 42. The Earned Value Method is an important management tool and is used primarily in which of the following Process...




41.
The only project dimension that cannot be quantified is quality.
True
False

42.



The Earned Value Method is an important management tool and is used primarily in which of the following Process Groups.



Initiating



Planning



Executing



Monitoring and Control




43.



During the planning process, Surveys should not be used when it is necessary to collect data from many individuals.



True



False







44.



"Begin Data Collection" is not an appropriate way to define a task in a WBS.



True



False




45.



A formal Monitoring and Control plan needs to be created only when it becomes clear that the project is likely to encounter problems in meeting its schedule and budget obligations.



True



False




46.



A company is organized in such a way that project teams include members that report directly to their functional area managers (marketing, operations etc.) and not to a project manager. This form of project organization is referred to as a ______________ .



Interdisciplinary



Projectized



Traditional



Functional




47.



One of the advantages of a Projectized form of business organization is that team members are more likely to focus on the _______________________________.



functional areas needs of the business such as marketing or supply chain management.



cost of executing project activities



needs of clients



guidance offered by top management




48.



When a project team member reports to both a functional manager and a project manager, this form of organization is referred to as a ________________ organization.



Matrix



Projectized



Functional



Traditional













49.



The ___________________ is most likely to be positioned at the highest level in the organization, often located at corporate headquarters, and responsible for identifying, and prioritizing project ideas.



Project Management Office (PMO)



Program Office (PO)



Project Steering Office (PSO)



Stakeholder Advisory Office (SAO)




50.



Which of the following statements is true about the Project Steering Committee?



A group responsible for identifying and prioritizing strategic projects.



A group of independent advisers who are capable of monitoring a project and determining what needs to be done to achieve that project's goals and objectives.



A group of top level executives whose primary function is to cancel projects that fail to meet objectives.



A group of stakeholders whose responsibility it is to arrange initial financing.


Dec 10, 2021
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