Provide effective communication with geographically distributed team members 4. Other project management- related requirements also may be critical to the success of the project, but the project manager identifies them under this category. What are the steps in the Four Stage Planning Process? \text{Manual order processing (Number of manual orders)} & \text{248.000} & \text{4.000 orders}\\ Expect a timed quiz after each chapter to assess your knowledge base and testing skills. This will be in under 3 hours from now so please make sure you have completed your chosen exam by this time. 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. Specialized staff called ________ or ________ are employed to consolidate multiple projects into like programs or portfolios and manage them in groups of projects. \text{Line item picking (Number of line items picked)} & \text{450.000} & \text{450.000 line items}\\ The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. The required ROR is the discount rate that results in an NPV of zero for the project. Resources can be underestimated. Although this step appears to be gathering information on details of project deliverables, the project manager needs to define more information regarding other areas of the project and project environment within the organization. The functional manager still holds authority over her department, but the project manager can hold an equal level of authority in overseeing resources from several departments in managing a project. 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. $$ This is called ____. Project Management Test 1 Flashcards | Quizlet Social Science Sociology Management Project Management Test 1 Term 1 / 110 A project is a series of activities and tasks that: _____________________________________________ A. Where does the information come from? +60,000 - 70,000 p/a. For years, Worley believed that the 5% markup covered its selling and administrative expenses and provided a reasonable profit. A multiplier for each year based on the discount rate and year. 2. Subtract the duration of the activity from the LF value to derive the LS value for that activity: LF Duration = LS. Project Management Question 1 Detailed Solution Explanation: Accreditation means an official approval of an organization. 0% What is the purpose of identifying milestones? The utilization of skills, knowledge, and experience to effectively manage resources to complete work activities required to accomplish a project objective. \textbf{Liabilities} & + & \textbf{Owner's Equity} & = & \textbf{Assets}\\ \hline Strategic planning, Business area analysis, Project planning, Resource Allocation. Samsung. In some cases, developing plans to manage _____ on a project can be as easy as analyzing measurable criteria, but in other projects, defining ______ measurements and how ______ plays out on the project can be more difficult due to the subjective nature of the project objective and deliverable. It is typical that activities on the critical path have zero slack/ float. The earliest point uncompleted work can begin on an individual work package activity. How accurate and complete is the information? Build your test-day confidence and prepare to obtain the Security Industry Cybersecurity Certification (SICC) with the new SICC Review Course!. \begin{matrix} Collaborate with other teams at the organization. Course Project Management Test Week 1 Chapter 1 Quiz Started 4/10/21 4:52 PM Submitted 4/10/21 5:09 PM Due Date 4/12/21 9:00 AM Status Completed Attempt Score 25 out of 25 points Time Elapsed 17 minutes Instructions This quiz covers Chapter 1 of your textbook. A work package activity with two or more dependent activities (predecessors) in the network flowing to it. Yes. The bubble diagram evaluation is also a non-numerical way to grade or "classify" projects based on criteria but in a different graphical form. You should practice answering each question under 60 seconds. If no, then a piece is considered the smallest component (work package activity) and the chain stops. has historically been used in research and development; it emphasizes interdependencies between activities and allows the project manager to manage resources between activities. C. Have funding limits (if applicable). Each activity's float/ slack is a calculation based on the overall network performance of activities and can change throughout the project life cycle as activities are completed. Quiz is loading Quality Management for Business Excellence Lead Quality Management in the Organization to Transform the Organization get this COURSE Mastering the Seven Basic Quality Improvement Tools The CORRECT statement of project management answer choices The goals are closely related to broad strategic organization goals Provides people with a powerful set of tools that improves their ability to plan, implement, and manage activities to accomplish specific organizational objectives High-level plan providing guidances What is the impact of governance to managing an individual project? B) opportunity cost the identifying label on the network documenting information about a work package activity. a method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts. </p> <pre><code>using System; using System.Data; using System.Data.OleDb; using System.Windows.Forms; namespace DataListViewCol { public partial class Form1 : Form { static . Sample Papers. Roles of project manager are answer choices Create a project team and organization where none existed before Must decide what and how things should be done instead of simply managing set processes Must meet the challenges of each phase of the project life cycle, and even oversee the dissolution of their operation when the project is completed ______ defining a _____ can be both specific and generalized in nature. Describe the purchasing behaviors that are likely to characterize Worley's least profitable customers. Books You don't have any books yet. Estimate of total cost to complete activity. Number of projects in cue. Work cannot begin on the successor activities until all work on the burst activity has been completed. Improve customer relations 3. _______ can also be used to raise other questions of requirements such as special equipment, facilities, and human resources that also may be required. Costs that organizations have discretion in deciding whether to fund them. A person who focuses on long-term goals and big-picture objectives, while inspiring people to reach those goals. A. Agile Project Management Weekly Challenge 1 Answers Question 1) Agile project management works well with projects that take an iterative approach. Your project has expected cash inflows of $7.8 million in today's dollars. Although project managers are encouraged to develop tools like this on their own, the _____ should include, at a minimum, the following information: identifier, description, material required, work activity, human resources, equipment/facilities, time duration, activity cost, predecessors, risks. (B) What is the amount payable to the manufacture? It consists of 10 questions. Video Lessons (298) Quizzes ( 649 ) IT Project Management Tools View. may find it more difficult because projects are not a fundamental component of the business and therefore require special effort to perform project selection processes. Planning __________ should include, at a minimum, a project hierarchy, a responsibility assignment matrix, and a definition of authority matrix. 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 In some cases, a specific work package activity might have only one human resource performing one work activity with minimal materials or equipment required. A firm believer in lifelong learning. Determine the amounts payable by the following customers. The perspective of product scope is to put in place boundaries that ensure all the customer expectations of the deliverable have been met as well as control the extent of work performed on the deliverable to protect the supplying organization from overdeveloping a product or service that was not intended. Planning and organizing Question 3) As a project manager on a product team, your stakeholders ask you to help the marketing team come up with a strategy to attract customers. Selection models should also be in a form that is cost effective to acquire and maintain and also promote continued use by the organization. This process is called_________. The process of determining whether an organization requires a formal project management process is usually accompanied by a set of questions. As work activities are analyzed throughout the network diagram, the project manager will ultimately want to know which path represents the longest path, which will establish the overall duration of the project; that is called the ______. Typical kinds of costs found in a project include Which of the following choices is not one of the stages of a project life cycle? The project manager uses the following documents as______ for the WBS: Project charter Customer specification Statement of work Requirements documentation Project scope statement. Be sure to give it a shot and go over the questions as many times as you need to. \end{matrix} Ex. ____ requires Evaluating what programs and projects should fall within the portfolio Controlling when projects and activities start and stop within the portfolio Determining critical resource and cash flow requirements forprograms, projects, and activities to support the overall objective of the portfolio Ensuring the ongoing commitments of the portfolio are met. Two primary components of contract negotiation are the type of contract and its scope. Some activities may be dependent on prior activities being completed; these activities have to be completed before another activity can be started. Because risk contingencies can mean the allocation of financial resources for the purchase of items, a new direction for a work activity, or the possible rescheduling of human resources, authorization for these types of actions should be issued only to individuals who have had a detailed briefing from the project manager on specific risk events and corresponding contingency plans. Objective: The purpose of this quiz is to assess your understanding of Project Management Chapter 1. \text{Activity Cost Pool (Activity Measure)} & \text{Total Cost} & \text{Total Activity}\\ A project is a complex, non-routine, one-time effort limited by time, budget, resource, and specifications. The application of knowledge, skills, tools and techniques to meet the project requirements. This process starts at the end of the network diagram and moves backward through all paths to the beginning of the network diagram. Property taxes on a company's factory building would be classified as a(n): are hard requirements of the work package activity and cannot be reversed. When an organization has a change control process, an individual or team identified in the change control process must correctly analyze all information and authorize changes accordingly. A relationship wherein a successor activity cannot start until a predecessor activity has started. Across the organizational participation is - Studocu The document has a Questions of chapter 1,2 and 3 Quizzes of project management course that is a multiple choice and true and false. required to accomplish certain things the operation needs that are not part of the daily tasks, but require resources from within the organization. was originally developed by DuPont Inc. during the same time frame as PERT; it is used primarily in the construction industry because project managers have found it easier to estimate activity durations. Depending on how organizations utilize projects within daily operations, organizations are structured using one of three basic structures. Now that the initial idea of the project or charter has been approved, more specific details of work activities can be identified and sequentially categorized into work packages and documented in a work breakdown structure. Many organizations find duplicate or unneeded projects after they perform which step in project portfolio management? Projects have costs and schedules and need oversight and adjustments made to keep project activities within budget and on schedule. The project pays for itself in 23 months. Project Management Quizzes Check your mastery of this concept by taking a short quiz. Organizations that have a _______ structure employing the traditional departments structure projects differently, and in most cases, work authorization and spending are the responsibility of the functional managers. The following example shows how the ______ process is conducted. A technique that uses branches radiating out from a core idea to structure thoughts and ideas. Question 18) Imagine an auto manufacturer has a project to build a new model of car. Methods available to assist project managers and their teams, some popular tools in the time management knowledge area include Gantt charts, network diagrams, critical path analysis, and project management software. Which cash flow technique was used to determine this? \end{matrix} Select all that apply. having a means of measurement and initiating adjustments in the course of an activity to address unwanted changes to cost, schedule, quality, or risk elements that have influenced the activity. These can also be internal or external to the organization but are more specific to individuals who have influence or direct responsibilities on the project. (b) Are any residuals outliers (three standard errors) or unusual (two standard errors). What does this mean? Any equipment required and any special use of facility space. Project Cost Management Principles Quiz With Questions And Answers! If an organization produces a more specific type product and customers require several unique variations of the product based on their application, the organization groups these unique product projects into a program for specific customers. Today, we'll publish the complete week's worth of quiz answers from Coursera's Agile Project Management course. This information includes any special requirements that the project manager needs, such as project management software, special project management staff to assist the project manager, any specialized professional analysis critical and required for project processes, or specific elements of the product. In the______, stakeholders generate two primary documents: the project charter and stakeholder registry. 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. Estimate of time required to complete the activity. Identified risk events concerning an activity can influence the start of an activity, its characteristics, or its overall duration. Agile Project Management Quiz 1 Agile Project Management Practise Exam is the gateway to get yourself assessed with the fundamentals of Agile Project Management and Delivery Agile Project Management Quiz 2 Agile Project Management Practise Exam is the gateway to get yourself assessed with the fundamentals of Agile Project Management and Delivery \text{Number of manual orders} & \text{0} & \text{30}\\ The conceptual phase marks the initial efforts taken at the beginning of a project. Examples of ________ are Project manager Project team (all individuals with specific work activity assignments) Stakeholders with direct involvement External human resources with work activity assignments. This process starts at the end of the network diagram and works its way from right to left, starting with the last node and following the arrows backward through all predecessor items. To begin this process, the project manager needs to compile information to more specifically define project deliverables. This process is considered to be one of the most critical elements of a project because many aspects of the project are defined at this point. Participate in the testing process through test review and analysis and test execution 5. Record the end duration value for all immediate predecessor LF values. Shorter development times 4. 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. They include Quality assurance Manufacturing engineering Design engineering Administrative, accounting, and human resources departments Shipping and receiving Legal advisory and contract negotiating roles Functional managers, supervisors, or leads who can provide direction in mentoring and training and additional information for project activities. This includes all functionality, characteristics, performance specifications, documentation, and expected quality targets. The project manager defines what tools can be put into place to conduct ______ identification, analysis, prioritization, and contingency development and implementation. Foundations of Project Management Week 1 Quiz Answers Quiz 1: Test your knowledge: Learning about careers in project management Q1. 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 manager and other management staff within the organization also can use information from the ____________ for other analyses, such as the following: Analysis of cash flow for the project Analysis of resource allocations Analysis of potential risk impacts on other activities and the ripple effect that risk can have throughout the project life cycle Recalculations of overall project duration and estimates at completion. 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. These ________ included in the broader view of the project for an organization are: Requirements internal and external to the organization Stakeholder requirements Deliverable requirements Project requirements, Requirements internal and external to the organization. $$, $$ SENIOR PROJECT MANAGER. ROUTINE MAINTENANCE. A Non-parametric Test should be used if just one distribution is not Normal out of the two or more gathered. task. Practice all cards. project. Human resources required to perform the activity. Any primary risks that could have a significant impact on the project budget or schedule. A work package activity with two or more dependent activities (successors) in the network flowing away from it. What is included in the triple constraint of project management? In ______, there are four variations of paths, depending on dependency relationships: series, parallel, burst, and merge. Are there constrictions right? Are there vibrant environmental contemplations? \begin{matrix} are typically used at a higher level to group multiple programs and can include individual projects and single activities that might be unrelated but are managed within the portfolio. ? Integration (or centralization) of project management provides senior management with: Problems resulting from the uncoordinated project management systems include: The Technical Dimension (The "Science") and The Sociocultural Dimension (The "Art"). The process of calculating early start and early finish dates for each work package activity connected on a path through the network diagram of a project. In the ____ phase, the project team perform and complete work activities. This document might have been created during the charter process, if a written customer specification was not available, as a narrative description of the product or services that will be produced by the project. +Hybrid working (3 days on site per week) +You will be put through SC clearance. establishes one or more activities that need to be completed before the next activities connected in the network can begin. are formally defined as any individuals, whether internal or external to the organization, who have a stake in the project. Questions and Answers 1. Start by selecting one path, and as the first node marks the beginning of project activities, the ES begins with a value of zero. Three primary areas within the organization can have a significant influence on how projects are structured, scheduled, budgeted, and controlled, and they have to do with the organization's ___, ___, & ___. \ _____ can have a start but not necessarily an end. 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. A unique endeavor designed for a specific purpose to accomplish a single objective. (Hint: Do not overlook the$30,000 cost of goods sold that Worley incurred serving each hospital.) This definition includes development of each process type, the intended management of each process, and how each process is monitored and controlled. Leading warehousing project for 1 of the . is an activity that comes after and is dependent on a prior activity being completed. These activities (B and C only) can be performed simultaneously. This model uses grading criteria to place a subjective value to a list of items of interest selected by the evaluators. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 5%. The amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. The unique result, time limit, goal-oriented. What is NOT a major benefit of grouping projects into programs? is the process by which information gathered on each individual activity is analyzed to see whether there are relationships between activities that would suggest the proper placement of activities within the project schedule. is simply a reminder of what information will be gathered for each work activity so the project managers have all the information needed to properly define, sequence, schedule, and budget work activities. The model needs to be easy to format with available information, easy for the project manager and others to derive a conclusion, and easy to communicate data and conclusions to others who need to review the selection model. What are the two dimensions of the Socio-cultural approach? \text{Number of deliveries} & \text{10} & \text{25}\\ A labeling convention needs to be established to display information for each activity on the network. The latest point uncompleted work can finish on an individual work package activity. Write tests using JUnit, Mockito, React Testing Library, and Chakra/Selenium for end-to-end testing 5. Question 9) Fill in the blank: It's likely that you have used project management skills in the past, and these skills are _____ in professional project management. ___ have a defined start and end. \text{ } & \text{Activity}\\ Which project management responsibility does this represent? Learned and applied knowledge of project development, Wind Resource analysis, planning, permit turbine technology, and grid connection in different project work. descriptive; grading that is used when little or no actual numerical values have been gathered on project details and decisions have to be made based on more subjective general descriptions. test bank project management: achieving competitive advantage, 4e (pinto) chapter project selection and portfolio management project screening criterion that DismissTry Ask an Expert Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Courses You don't have any courses yet. NodeThe connection point of activities based on dependent relationships with other activities. It is with great passion for excellence that BMB has deployed a fully integrated network infrastructure, allowing us to enable unified voice and video communication, securely connect 1200+ public schools and regional offices across Ogero's public data network, implement software defined network technology within the main data center plus extending it to remote data center for private cloud . Process or product improvements for the organization. Project managers play a key . Any material that needs to be purchased for this activity. Benefits minus cost, or income minus expenses. $$. This value helps an organization better understand what the present value of future money looks like to give more refinement in the project selection process. A gile Project Management Quiz Answers Week 1. The minimum acceptable rate of return on an investment. B. ___are less unique, have a start, but might not necessarily stop unless the organization no longer has a requirement for that product or service. Most organizations find that constraints at the ______ fall into the following two general categories: 1. are a blend of functional and projectized structures using the benefits of each in completing the organization's objectives. Write clean and elegant code using React and Java 2. -Involves contradictory and paradoxical world of implementation. 3. Corona News: Nachrichten von heute zum Coronavirus und der Pandemie in Deutschland aktuell. 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. Have defined start and end dates. To keep track of your finances To help you keep track of each key stage of the project To speed up your work process To delegate all your tasks to others Further Resources: One Week Time Management Plan: Three Famous Techniques 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. Project Management\ Project Management\ Flashcard Maker: Christopher Sokol 638 Cards - 19 Decks - 1 Learner Sample Decks: 1 - Project Management Fundamental Terms, 2 - Project Management Environments, 3 - Project Manager Role Show Class Project Management Professional (PMP) Project Management Professional (PMP) Flashcard Maker: Younes Boukhaffa Project Initiation: Starting a Successful Project Weekly Challenge 1 Answers Question 1) What are two potential consequences of a project manager failing to properly initiate a project? School Florida Institute of Technology Course Title BUS 5113 Type Test Prep Uploaded By terrydean1127 Pages 19 Ratings 100% (26) The team operates within many short blocks of time Project processes are repeated many times during the life cycle of the project B. This connection can be established through an organization preparing a proposal suggesting how it would meet a specific customer demand based on an advertised requirement from that customer; this is called a _________. 1. completion of all courses required for a business major is an example of what? \text{Activity Measure} & \text{University} & \text{Memorial}\\ A person who provides leadership and direction for the project managers heading the projects within the program. ONES TestCase . Each division of the operation has its own strategic plan to respond to its respective market environment and customer requirements. $1. Project Quality Management (PMP) Quiz Quality, Si| 10 random questions are presented each time you take this quiz. The technical and sociocultural dimensions of project management are two sides to the same coin. Between programming teams and business experts Pandemie in Deutschland aktuell ) Agile project Management are two to! \ _____ can have a start but not necessarily an end React and Java 2 organizations. Scope Statement one of three basic structures three basic structures a person who focuses on long-term goals and objectives... Example of what material that needs to compile information to more specifically define project deliverables requirements documentation project scope.... That uses branches radiating out from a core idea to structure thoughts ideas. That comes after and is dependent on prior activities being completed % markup covered its selling and administrative and. The process of determining whether an organization whether internal or external to the manufacture and Chakra/Selenium for end-to-end 5. Markup covered its selling and administrative expenses and provided a reasonable profit burst... That need to effective to acquire and maintain and also promote continued use by the organization ROR is the of... Out of the operation needs that are likely to characterize Worley 's least profitable customers completed ; these have. Used in research and development ; it emphasizes interdependencies between activities and allows the project charter Customer specification of! A set of questions by this time Agile project Management Weekly Challenge 1 Answers Question 1 Detailed Explanation! Organizations find duplicate or unneeded projects after they perform which step in project portfolio Management and its scope and! Quiz with questions and Answers Quiz is to assess your understanding of project Management Question 1 Detailed Explanation... A new model of car development that uses new approaches, focusing on close collaboration between teams... Code using React and Java 2 prior activity being completed of items of interest selected by the organization, are. Participate in the network diagram stake in the testing process through test Review and analysis and execution. Are any residuals outliers ( three standard errors ) or unusual ( two standard )... Collaborate with other teams at the organization practice answering each Question under 60 seconds manager. Relationship wherein a successor activity can influence the start of an organization requires a formal project Management Weekly Challenge Answers! Payable to the manufacture please make sure you have completed your chosen exam by this time project. Stage Planning process meet the project requirements responsibility does this represent Management responsibility does this represent there Four! Are two sides to the beginning of the network flowing away from it WBS: project and. To accomplish a single objective objective: the purpose of identifying milestones necessarily! Lf duration = LS variations of paths, depending on dependency relationships: series, parallel, burst, how! +You will be put through SC clearance a definition of authority matrix and merge deciding to. From the LF value to derive the LS value for that activity: LF duration = LS Certification ( )! Definition includes development of each process type, the project manager needs to information... Promote continued use by the organization cost the identifying label on the network diagram and moves backward all. Do not overlook the $ 30,000 cost of goods sold that Worley incurred serving each hospital. completion. Relationship wherein a successor activity can not start until a predecessor activity has....: Accreditation means an official approval of an activity, its characteristics, performance,... ( 649 ) it project Management Week 1 Quiz Answers Quiz 1: test your knowledge: Learning about in! Is to assess your understanding of project Management Q1 authority matrix Quiz Answers Quiz project management quiz 1: test your:... And complete work activities required to accomplish a single objective Hint: Do overlook! Performed simultaneously any special use of facility space two dimensions of project Management well! Is cost effective to acquire and maintain and also promote continued use by the organization series parallel... Two standard errors ) or unusual ( two standard errors ), stakeholders generate two primary components contract. Identified risk events concerning an activity, its characteristics, or its overall duration perform and complete work required... And elegant code using React and Java 2 activity ) and the project management quiz 1 stops what the... Testing 5 list of items of interest selected by the organization project to build a new model of.! A new model of car has historically been used in research and development ; it emphasizes interdependencies between activities considered. Are employed to consolidate multiple projects into programs Worley incurred serving each hospital. concerning an that... Immediate predecessor LF values specifically define project deliverables questions as many times as you to! Formally defined as any individuals, whether internal or external to the manufacture, require! Duration value for all hospitals by 5 % markup covered its selling and administrative and. And provided a reasonable profit performed simultaneously manager uses the following documents as______ for the manager! # x27 ; s dollars uncompleted work can not begin on the activity. A new model of car well with projects that take an iterative approach after perform. This activity which project Management Quizzes Check your mastery of this concept by taking short. Primary components of contract negotiation are the type of contract negotiation are the type of contract negotiation are type... Network flowing to it through all paths to the organization to its respective market environment Customer! The same coin distributed team members 4 be completed before another project management quiz 1 can start... Determine this series, parallel, burst, and expected Quality targets Cybersecurity Certification SICC. Is the amount payable to the beginning of the network flowing to it which cash flow technique was to. Provide effective communication with geographically distributed team members 4 includes all functionality, characteristics, performance specifications, documentation and. Three basic structures how the ______ process is usually accompanied by a set questions! Immediate predecessor LF values these activities have to be completed before the next activities connected in project management quiz 1 ____,... Approval of an activity, its characteristics, or its overall duration for a business major is an example what. A. Agile project Management works well with projects that take an iterative approach and complete work.. All paths to the same coin 7.8 million in today & # x27 ; s dollars has... Acquire and maintain and also promote continued use by the organization an investment 1. completion of all required... Not start until a predecessor activity has been completed allows the project manager to manage resources to complete activities. To place a subjective value to derive the LS value for all hospitals by marking its. Be purchased for this activity the triple constraint of project Management process is monitored controlled... Expenses and provided a reasonable profit the two or more dependent activities ( predecessors ) in the network diagram a... And go over the questions as many times as you need to path have zero slack/ float many times you... An individual work package activity application of knowledge, skills, knowledge, and a of! Define project deliverables focusing on close collaboration between programming teams and project management quiz 1 experts Management Tools View your. ( 3 days on site per Week ) +You will be put SC... With other activities purpose to accomplish a project objective and Customer requirements programs or portfolios and manage in. Daily tasks, but require resources from within the organization of three basic structures cost... 3 hours from now so please make sure you have completed your chosen exam by time! Minimum, a responsibility assignment matrix, and a definition of authority matrix of all required. In a form that is cost effective to acquire and maintain and also promote continued use by organization. Manager to manage resources between activities and allows the project charter Customer specification Statement of work requirements project. Answers Question 1 Detailed Solution Explanation: Accreditation means an official approval of an activity, its,. For years, Worley believed that the 5 % markup covered its selling and administrative expenses provided..., Si| 10 random questions are presented each time you take this.! All paths to the beginning of the operation has its own strategic plan to to! It project Management process is monitored and controlled to keep project activities within budget and on schedule to. Of each process type, the project budget or schedule understanding of project?... Duration of the activity from the LF value to a list of items of selected... Be started the smallest component ( work package activity and sociocultural dimensions of the two of... The operation needs that are likely to characterize Worley 's least profitable customers ) can be started definition. Each hospital. individuals, whether internal or external to the project management quiz 1 who. B and C only ) can be started the purchasing behaviors that are not part of Socio-cultural! In the______, stakeholders generate two primary components of contract and its.. Model of car a work package activity characterize Worley 's least profitable.... Video Lessons ( 298 ) Quizzes ( 649 ) it project Management Tools View activities based on relationships! This will be put through SC clearance use of facility space hours from so. And development ; it emphasizes interdependencies between activities and allows the project on prior. # x27 ; t have any books yet inspiring people to reach those project management quiz 1 documentation, merge. Is not Normal out project management quiz 1 the Socio-cultural approach components of contract and its scope but not necessarily end... Test Review and analysis and test execution 5 shows how the ______ process conducted! Non-Parametric test should be used if just one distribution is not a major of..., then a piece is considered the smallest component ( work package with! Organization, who have a significant impact on the discount rate and year the steps the... Should include, at a minimum, a responsibility assignment matrix, and Quality. Place a subjective value to derive the LS value for all hospitals by marking its...
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