51.
The traditional approach in project management is also referred to as the _________________ approach.
Agile
Extreme
Scrum
Waterfall
52.
The project schedule is primarily used to determine all of the following except _______________ .
cost estimates
activity start times
activity end dates
slack times
activity end dates
53.
Project managers have the highest level of authority and the most power in the _________ organizational structure
projectized
matrix
functional
traditional
54.
Which of the following best describes the activities that occur during the "Executing" phase of a project?
Project plans are put into action.
Project performance measures are compared with expected performance
Project plans are developed
Projects receive approval from the executive branch of the organization.
55.
The beta distribution (also called the three point method) is useful when estimating activity completion times because it requires three estimates rather than one. It is particularly useful because it forces the person making these estimates to think about the worst-case, most likely and best-case scenarios.
True
False
56.
You are involved in estimating the time it will take to implement a new software package. You have learned that the most likely time will be 60 days. The pessimistic or longest it should take would be 72 days. If everything goes well the shortest possible time is 48 days. What is the weighed average or expected time using the beta (also called three-point method) distribution?
30
54
60
66
57.
A planning process that identifies the threats to a project and has as its objective the reduction in the probability of these threats is called _________________ .
Scope Control
Schedule Decomposition
Control Enhancement
Risk Mitigation
58.
If an activity takes 21 weeks and the earliest it can start is week 41, when is the latest it can start if it is on the critical path.
Week 41
Week 52
Week 62
Not enough information given.
59.
The Project Management Institute (PMI) defines the __________________ as a collection of proven practices that are widely applied by professionals to practice the profession of Project management
Project Management Skill Set (PMSS)
Project Methodology Framework (PMF)
Project Management Body of Knowledge (PMBOK)
Work Breakdown Process (WBP)
60.
Product and project life-cycles are almost always the same.
True
False