Here is some information about the quiz.

Question 1

Which step of the project life cycle creates the project charter?

• Initiation

• Planning

• Monitoring and control

• Close out

Question 2

The purpose of a project charter is to

• define the project.

• allow for the creation of a WBS.

• authorize the project.

• define detailed project risks.

Question 3

Project deliverables are created in the _____ , which is completed during the _____ phase of a project.

• charter; execution

• scope; planning

• schedule; planning

• charter; planning

Question 4

Which statement is an example of a project deliverable?

• “If the parts arrive late, we will not finish on time.”

• “We must get permits before we start work.”

• “I believe the contracts will be signed by the 15th.”

• “The paving of the parking is lot is major piece of work for this project.”  

Question 5

The amount of time an activity can be delayed without impacting the end date of the project is known as what?

• Project risk

• Slack

• Critical path

• Early start

Question 6

What values are calculated on the forward pass of a project network?

• Early start; late start

• Early start; early finish

• Late start; late finish

• Early finish; late finish

Question 7

In which process of risk management are risks prioritized or ranked?

• Plan risk management

• Identify risks

• Control risks

• Qualitative risk analysis

Question 8

Contingency plans are created

• to proactively address the risk.

• to respond to the risk should the risk occur.

• to gather information on vital risks.

• to avoid red risks in the project plan .

9. Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for an organization that builds doors and windows for homes. Which organization structure of the five types is most suitable? Why?

10. You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party— you can have whatever you want! Some of the key items you want at your party include

11. Compare and contrast fast tracking and scope reduction as means of schedule compression.

12. A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the time to sift through customers' data by a fraction of the present time.

13.List and describe at project.least three key differences between risk management in an agile environment and risk management in a traditional