___ of the project occurs when acceptance of project deliverables is confirmed. The main traits of a project: A. Costs that organizations must fund to stay in business. PSPO1 Practice Tests Scrum Product Owner certification-160Q. Video Lessons (298) Quizzes ( 649 ) IT Project Management Tools View. </p> <pre><code>using System; using System.Data; using System.Data.OleDb; using System.Windows.Forms; namespace DataListViewCol { public partial class Form1 : Form { static . The project manager's ambition is to get as much done as possible within a specific time frame with a limited budget. Activities that cannot be started because they are dependent on prior activities connected in the network being completed. (B) What is the amount payable to the manufacture? \text{Number of electronic orders} & \text{15} & \text{0}\\ Objective: The purpose of this quiz is to assess your understanding of Project Management Chapter 1. Stakeholders might not agree on what success looks like External risks can affect project success. D. Consume resources. Yes. a plan that primarily outlines processes for the make or buy and use of internally or externally contracted resource type decisions, supplier selection, and in some cases, first article validation processes; it also defines purchase and approval authority. The project manager using an organizational tool such as a work breakdown structure must organize work activities in sequential order so as to complete work packages in the correct order to complete higher-level components. Facilities & equipment 5. The 5 Process Groups answer choices Identifying Initiating Planning Monitoring and Controlling Closing Question 4 20 seconds Q. Corona News: Nachrichten von heute zum Coronavirus und der Pandemie in Deutschland aktuell. B) opportunity cost The output of this phase is the official completion of the project, archiving of all project documentation and artifacts, and creation of "lessons learned" documentation. John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value, Operations Management: Sustainability and Supply Chain Management. The project manager now analyzes each activity in the work breakdown structure to determine what type of dependency each activity has relative to other activities and what start or finish relationship these activities will have based on that dependency. Supporting WM, PP and MM day-to-day issues and change requests. Have a specific objective. Ex. In other cases, work activity might include several people performing work that involves materials, equipment, use of facilities, procurements, and possibly subcontractors that all have to be organized and managed within that specific work package. Differentiating characteristics of projects from routine, repetitive daily work are below: A defined life span A well-defined objective Typically involves people from several disciplines communication. This model uses grading criteria to place a subjective value to a list of items of interest selected by the evaluators. The amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. Activities can be used only once within a diagram. Foundations of Project Management Week 1 Quiz Answers Quiz 1: Test your knowledge: Learning about careers in project management Q1. Greetings!! Project management is the process of leading a team's work to achieve goals and achieve success criteria at a given time. Depending on how organizations utilize projects within daily operations, organizations are structured using one of three basic structures. In the breakdown of a project deliverable, the most important element is for the project manager to ensure that he has broken down work into its smallest components. Number of projects in cue. _______ can reveal performance of not only employees but also external subcontractors who were used; this information can be valuable in defining the requirements of subcontractors for a new project. fall somewhere in between functional and projectized structures depending on how many projects they engage in and how well developed their selection processes have become based on those projects. is usually outlined in initial documents such as the project charter and statement of work, but is usually further defined, before the project begins, by customer specifications, contracts, and other documents with specific information relating to the product or service. Management 4. Tools: Selenium Webdriver Test Automation, Visual Studio 2019, LINQ, TestNG, Jmeter, BDD, TDD, Jira, Microsoft Azure DevOps o Managed entire delivery of test automation of SharePoint Web Applications of CBE for 180+ complex integrated scenarios using Microsoft ADO, VS, C#, Selenium Webdriver, Data-Driven + Modular Driven BDD Framework involves relationships concerning project activities and external influences outside the project activity network that can influence an activity on the project. completion of all courses required for a business major is an example of what? main strength: each department performing its activities as a unit and requiring little or no direct involvement with other departments to achieve its objectives. can be established as a matter of discretion, deciding which activities should go before or after other activities. In any case, __________ should include, at a minimum, the following: Project management tools used to break down and organize work activities Key people to interview for information Ways to accurately and effectively document information gathered Units of measure used to document the project (that is, hours, weeks, months) Scheduling estimating techniques Scheduling methodologies Tools used to monitor and measure project performance Reporting formats and protocols. Support and maintenance C. Evolution D. Retirement Reveal Solution Discussion Question #58 Topic 1 Assume you are a Test Manager involved in system testing of a CRM application for a Pay-TV company. The discount rate that results in an NPV of zero for a project. What is the certification program called that the Project Management Institute provides? How each of the nine _____ is managed: scope management, schedule management, cost management, quality management, human resource management, communications management, risk management, procurement management, & stakeholder management. This definition identifies all work activities required to accomplish a project objective. one or more activities that cannot start until a prior activity connected in the network has been completed. Other organizations may choose to group projects by product or service type where the organization may offer a small number of products or services and have a larger customer base. project. (a) If you did not already do so, request a table of standardized residuals. A project is a complex, non-routine, one-time effort limited by time, budget, resource, and specifications. \begin{matrix} Reveal Solution Discussion. The person responsible for working with the project sponsor, the project team and other people involved in a project to meet project goals. Project Management - Quiz 1 - Your test grade is 100% The professor has configured this test to allow students to: Show Questions Answered Project Management - Quiz 1 - Your test grade is 100% The. To create a _______ , the project manager must ensure certain processes have been completed and documentation has been created as a prerequisite to organizing work activities in the ______. Project managers play a key . A method of calculating the expected net monetary gain or loss from a project by discounting all future cash inflows and outflows to the present point in time. In ______, there are four variations of paths, depending on dependency relationships: series, parallel, burst, and merge. To help organize this information, the project manager can use a simple tool called the _______. Project Management Quiz - 30 Questions with Answers Project Management Quiz Project Management Questions and Answers: Ques. After the project manager is selected and all information gathered during the initial process has been passed to the project manager, the management staff needs to create a master plan of the project; this is called the_____. A compilation of completed work activities to form a final product identified by the customer as accomplishing a project objective. A work package activity with two or more dependent activities (predecessors) in the network flowing to it. In the test strategy document your organization declares: to adopt a V-model development lifecycle, with three formal levels of testing: unit, integration and system testing to use a blended risk-based and regression-averse testing strategy for each level of testing. Expect a timed quiz after each chapter to assess your knowledge base and testing skills. Better control of financial, physical and human resources 2. -Involves contradictory and paradoxical world of implementation. Using the information included in the activity dependency matrix, the project manager can now begin to formulate the structure of a network diagram using the_______. A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. Any equipment required and any special use of facility space. Which of the following activities is not considered a project? Worley gathered the data below for two of the many hospitals that it serves-University and Memorial (both hospitals purchased a total quantity of medical supplies that had cost Worley $30,000 to buy from its manufacturers):$ use a completely different type of business structure than that of functional organizations where staff members are grouped into workforces that may include representatives from several traditional departments and are tasked with a unique project objective. The _________ is created as an output of the charter process; it contains other stakeholder information such as needs and requirements of information and communication, specific involvement with the project and management strategy of involvement, and details and management of stakeholder expectations. 1. If the same type of activity is performed multiple times within a project life cycle, it is best to label each one uniquely so they can be identified within the network diagram. Two processes are used to evaluate work activities for_______; they are called the program evaluation and review technique (PERT) and the critical path method (CPM). Selected intern's day-to-day responsibilities include: 1. 2. This process is designed to provide a systematic breakdown of a project deliverable into its smallest components and should be the first step in activity definition: defining the smallest activity. If you choose to learn more about project management, look no further than this quiz. Chapter 1: Advance project management quiz Chapter 2: Advance project strategic management quiz Chapter 3: Contemporary organizations design quiz Chapter 4: Negotiation and conflict management quiz Chapter 5: Strategic management quiz Chapter 6: Project activity planning quiz Chapter 7: Project auditing quiz The main research questions include: (i) what is the measured assessment of organizational leadership for complex construction projects? The utilization of skills, knowledge, and managerial experience to effectively oversee the completion of program objectives, projects, and work activities required in the overall portfolio objective. Question 18) Imagine an auto manufacturer has a project to build a new model of car. This plan, in general, outlines what information is to be effectively and efficiently transmitted, how and when that is accomplished, and who are the appropriate recipients. There are three elements regarding _________ that the project manager will be responsible for: Identify, manage stakeholders, and manage stakeholder participation. The bubble diagram evaluation is also a non-numerical way to grade or "classify" projects based on criteria but in a different graphical form. -Governance signals to the project manager that decisions at a higher level can impact the management of an individual project. _____ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. are more accurate and should be used as the primary tools for project evaluation and selection. Human resources required to perform the activity. All predecessor activities (A, B, C) have to be completed before the merge activity (D) can begin. Purpose: To maintain uniform standards of nursing education Type of business and market position Senior management experience, personality, and management style Hierarchical command structure Maturity in customer and supplier relationships High-level investment strategies and risk tolerance Senior management's perception of lower-level workforces Organizational approach to customer service General working conditions and environment within the organization. The project pays for itself in 23 months. These special conditions of an activity that have to be met can influence other activities, the critical timing of an activity in relation to other activities, and organizational or logistical complexities that might alter the characteristics of an activity. Why is this approach important in today's environment? Separated by machine types. Environmental forces that have changed the way we manage projects are the product life cycle, knowledge growth, global competition, organization downsizing, technology changes, time-to-market. Are there numerous activities to be assimilated? Describe the purchasing behaviors that are likely to characterize Worley's least profitable customers. $$ AT&T, Verizon, and T-Mobile. Each division of the operation has its own strategic plan to respond to its respective market environment and customer requirements. Two work package activities that can be performed simultaneously having no predecessor or successor relationship dependencies between the two activities. Several patients were also referred or deemed ineligible for antimicrobial treatment (3.7%) following consultation. Strategic plans are implemented primarily through projectse.g., a new product, a new information system, a new plant for a new product. Link to Project Management MCQs (PDF) is given below. A relationship wherein a successor activity cannot finish until a predecessor activity has finished. Browse through all study tools. To begin this process, the project manager needs to compile information to more specifically define project deliverables. What are the steps in the Four Stage Planning Process? Project Management Quiz Correct 1/1 Points 1.Project charters typically include all of the following elements EXCEPT: positive and negative risks project assumptions detailed resource requirements project constraints Correct 1/1 Points 2.A well-written business case should persuade decision-makers to support the project.

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