1. Work cannot begin on the successor activities until all work on the burst activity has been completed. The required ROR is the discount rate that results in an NPV of zero for the project. These types of special tasks are called ___. A person who provides leadership and direction for the project managers heading the projects within the program. 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. Are there vibrant environmental contemplations? a method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts. Processes can include defining scope, schedule, cost, quality, human resources, communications, risk, procurements, and stakeholder management. Farming equipment - tractors, mowing, tree harvesting machines. transferable. $0 $29.99. \begin{array}{|c c c c c|} \hline $1. Structure - Functional, matrix, or projectized. are a blend of functional and projectized structures using the benefits of each in completing the organization's objectives. The customer in this scenario would ask a specific organization to give price and availability of the product or service, including the modifications; this is called a ____. A firm believer in lifelong learning. The ______ does not represent The longest duration activities All activities critical to the project All activities with the highest cost Activities with the highest risk potential. Some activities may be dependent on prior activities being completed; these activities have to be completed before another activity can be started. 1. 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. 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 . 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 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 ___, ___, & ___. (A) What is the discount? \text{Electronic order processing (Number of electronic orders)} & \text{200.000} & \text{12.500 orders}\\ may be in the form of product or service modifications, but may also come from other areas internal or external to the organization; they include Documentation updates Project management plan updates Work performance information Change requests through the change control process Organizational process updates Regulatory requirements. 100% Off Coupons; The main research questions include: (i) what is the measured assessment of organizational leadership for complex construction projects? $$, $$ Activities can be used only once within a diagram. A temporary endeavor undertaken to create a unique product, service, or result, A group of related projects designed to accomplish a common goal over an extended period of time, A process of managing a group of ongoing, interdependent, related projects in a coordinated way to achieve strategic objectives. 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. Project Management Question Bank PDF covers problem solving exam tests from project management textbook and practical book's chapters as: Chapter 1: Advance Project Management MCQs Chapter 2: Advance Project Strategic Management MCQs Chapter 3: Contemporary Organizations Design MCQs Chapter 4: Negotiation and Conflict Management MCQs This will be in under 3 hours from now so please make sure you have completed your chosen exam by this time. \text{Number of manual orders} & \text{0} & \text{30}\\ This is the fifth of six courses that will provide you the knowledge and abilities you need to apply for entry-level project management positions. 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. 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 Depending on how organizations utilize projects within daily operations, organizations are structured using one of three basic structures. $0 $19.99. Differentiating characteristics of projects from routine, repetitive daily work are below: Define a project. A technique that provides a systematic process for basing project selection on numerous criteria. What has been the effect of these forces on the management of projects? A roadmap measures time against the amount of work completed and remaining; a Gantt chart is useful for large projects with many dependencies. What does this mean? Q. Write clean and elegant code using React and Java 2. Please note that the five phases of a project (also called "The Project Life Cycle") are: (1) project initiation, (2) project planning, (3) project execution, (4) project monitoring, and (5) project closing. The SICC Review Course is designed to help prepare you for the certification exam using proven instructional design techniques and interactive learning tools. Practice all cards. \begin{matrix} __are unique, have a start and stop, and employ a single objective. 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. The ______ analysis starts with a component, such as the final deliverable, and asks whether or not it can be broken up. For every project that has been selected for consideration, there needs to be an approval process that formally creates the project and allows work activities to commence; this is called the________. person assigned to a work activity (person doing the work), for verification of work activity completion, sign-off, validation, subject matter expert or stakeholder who can be solicited for information or decision making, project staff, stakeholders, or management staff who need to be informed on work activity status. Net Present Value, Multi-Selection models, Payback, Internal Rate of Return, Multi-weighted score model, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value. Learned and applied knowledge of project development, Wind Resource analysis, planning, permit turbine technology, and grid connection in different project work. 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. Ex. completion of a required course in project management is an example of what? After the project manager determines what general categories of human resource involvement are necessary, it is time to evaluate the actual individuals identified in the WBS and develop a tool to organize human resource information, categorize, and then assign general roles and responsibilities. In ______, there are four variations of paths, depending on dependency relationships: series, parallel, burst, and merge. 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 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. Project managers should use the same tools, techniques, and methodologies every day this consistency is key to achieving an optimal outcome. Siemens has four primary divisions. \text{Total selling and administrative expenses} & \text{\$ 2.000.000}\\ Strategic planning, Business area analysis, Project planning, Resource Allocation. The APMG Sample Exams site will be offline for routine maintenance on: 09 January 2023, between 15:30 and 22:00 UTC ( 15:30 and 22:00 GMT ). Analyzing strengths, weaknesses, opportunities and threats. \end{matrix} Specialized staff called ________ or ________ are employed to consolidate multiple projects into like programs or portfolios and manage them in groups of projects. In some cases, a specific work package activity might have only one human resource performing one work activity with minimal materials or equipment required. It is also important to note whether one work activity cannot be started until a previous activity has been completed in this type of detail; if so, that will create ________ requirements. Benefits minus cost, or income minus expenses. strategic management process. Facilities & equipment 5. What is false concerning the financial analysis of projects? *Find all horizontal and vertical asymptotes. Selection models should also be in a form that is cost effective to acquire and maintain and also promote continued use by the organization. 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. A person who deals with the day to day details of meeting specific goals. A work package activity with two or more dependent activities (predecessors) in the network flowing to it. 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. Why is this approach important in today's environment? Purpose: To maintain uniform standards of nursing education Write well-defined tests for front-end and backend 4. International professional society for project managers. Ongoing activity to create product, service or result. (Hint: Do not overlook the$30,000 cost of goods sold that Worley incurred serving each hospital.) 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. The technical system and sociocultural dimensions of project management are two sides of the same coin because successful project managers are skillful in both areas. Design, implement and test complex software applications 2. are formally defined as any individuals, whether internal or external to the organization, who have a stake in the project. The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. 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. Reveal Solution Discussion. Costs that organizations have discretion in deciding whether to fund them. Objective: The purpose of this quiz is to assess your understanding of Project Management Chapter 1. Leading warehousing project for 1 of the . When you review a job listing, which section offers the most insight when deciding if the role is well-suited for you? Video Lessons (298) Quizzes ( 649 ) IT Project Management Tools View. An optimal way recognized by industry to achieve a stated goal or objective. can reveal details of project plans; work activities; cost and schedule outcomes; procurements activities; and use of human resources, equipment, and facilities. 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. _____ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. The team operates within many short blocks of time Project processes are repeated many times during the life cycle of the project ___ have a defined start and end. Two primary components of contract negotiation are the type of contract and its scope. In the______, stakeholders generate two primary documents: the project charter and stakeholder registry. _______ relies heavily on correctly identifying the relationships and dependencies of all activities included on the network diagram. Have a specific objective. $0 $19.99. 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. * Project portfolio management addresses ____ goals of an organization, while project management addresses ____ goals. 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"). Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 5%. A set of principles that guide our deision making based on personal values of what is "right" and "wrong". 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 ONES TestCase . _____ can have a start but not necessarily an end. answer Project Management Question 3 20 seconds Q. In-house technology 2. $$ ONES TestCase bug ONES Project ONES . The following example illustrates how a _______ process is conducted. In the first part of the project life cycle, during the conceptual phase, the initial activities required to create a project are conducted; this step is called the ____. Ex. A person who provides leadership and direction for the project managers heading the projects within the program. B. requires gathering and organizing information work activity in the management of resources to complete project activities. It consists of 10 questions. False. Any material that needs to be purchased for this activity. The primary tool used in graphically illustrating a PDM network of project activities is the _______. 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. True. the length of a project and the value of money at that point in time. Managing a project typically includes: answer choices The new requirements imposed by management, government or some external influence. Additional information that is required but not necessarily found in the ______ for an activity might include: Relationship to other activities, Constraints, & Identified risks. Determine the amounts payable by the following customers. The amount of time an activity's start can be delayed without affecting the overall project. How accurate and complete is the information? Separated by machine types. Several individual housing projects done int he same area by the same firm might best be managed as part of a ____. Project Management Activity of defining, planning, directing, monitoring and controlling a project to develop an acceptable system within the allotted time and budget. A pictorial chart of project activities arranged and connected in sequential order based on logical relationships and activity requirements. ________ include all detailed information defining specific requirements to project deliverables. All successor activities (B, C, D) can start only when that burst activity (A) has been completed. Studylists usually represents activities that have no leeway in duration or have zero float/ slack; consequently, if activities on the ______ fall behind schedule, they will affect the overall duration of the project. Collaborate with other teams at the organization. Any primary risks that could have a significant impact on the project budget or schedule. A project is a complex, non-routine, one-time effort limited by time, budget, resource, and specifications. Approximately what percentage of the world's gross domestic product is spent on projects? 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. task. Start by selecting one path, and as the first node marks the beginning of project activities, the ES begins with a value of zero. Categories. A unique endeavor designed for a specific purpose to accomplish a single objective. Die Zahlen des RKI zu Corona im News-Blog. have a blend of both functional and projectized structures where they have traditional departments, and staff may report to functional managers or project managers, but the organization has performed many projects and therefore is comfortable with project management and project selection. The earliest point uncompleted work can begin on an individual work package activity. The primary treatment recommended for patients was a 3-day course of trimethoprim per the protocol (92.6%) with a small number receiving cefalexin (2.6%) and nitrofurantoin (1.1%). \textbf{Liabilities} & + & \textbf{Owner's Equity} & = & \textbf{Assets}\\ \hline The grouping and managing of projects and programs as a portfolio of investments that contribute to the entire enterprise's success. ______ defining a _____ can be both specific and generalized in nature. B. Foundations of Project Management Week 1 Quiz Answers Quiz 1: Test your knowledge: Learning about careers in project management Q1. These activities (A, B, C, D) typically have no other dependency requirements, and no other activities are attached to them. have a blend of both functional and projectized type structures where the organization may have traditional departments and employees reporting to functional managers, projects are still a large part of the organization's business, and employees spend portions of their time on projects and other parts of their time performing work activities for the functional department. project. A multiplier for each year based on the discount rate and year. Learned and applied Project Libre, Gantt chat, flowcharts, Maps, and financial assessments for managing projects. A grouping of either related or nonrelated programs, projects, or individual work activities. \text{Number of line items picked} & \text{120} & \text{250}\\ Property taxes on a company's factory building would be classified as a(n): ROUTINE MAINTENANCE. Financial resources 6. The latest point uncompleted work can finish on an individual work package activity. B. 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 ______. 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. Questions and Answers 1. Project management maturity of the organization 2. is usually a much larger-scale compilation of project documentation, environmental factors, organizational processes, and all other documentation required to establish boundaries around the processes performed during the project life cycle. 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 ______ is a temporary endeavor undertaken to create a unique product, service or result. 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. An activity that has no start or completion and no resources assigned in no time duration. 2. Ex. (B) What is the amount payable to the manufacture? Project Management The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. 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. This process starts at the beginning of the network and moves through all paths to the completion of each path. You should practice answering each question under 60 seconds. 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. The amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. _________ can include special conditions from the customer, availability of suppliers for critical items required, special contracted services, and governmental regulatory conditions that have to be met. ____ 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. All predecessor activities (A, B, C) have to be completed before the merge activity (D) can begin. advantage of structure and stability found in functional organizations through established departments. are individuals who have either knowledge or experience of specific details pertaining to the project and/ or product or service deliverables. are those areas of the organization that produce output such as a product or service that has an associated cost and will be sold at a higher value to create a profit for the organization. 2. one of many kinds of tangible by-product produced during the development of software. A labeling convention needs to be established to display information for each activity on the network. Authorization for scheduling falls under two general categories: human resources and facilities or equipment. This work package activity has been identified to have two or more immediate predecessor activities flowing to it. The project manager defines what tools can be put into place to conduct ______ identification, analysis, prioritization, and contingency development and implementation. Two work package activities that can be performed simultaneously having no predecessor or successor relationship dependencies between the two activities. The selection model should require a review of the organization's capabilities, level of technology, and general fit in the current business portfolios of projects. This process is called_________. The featured exercises and quizzes will facilitate your vocabulary and process concepts. Books You don't have any books yet. A Non-parametric Test should be used if just one distribution is not Normal out of the two or more gathered. What are some of the key environmental forces that have changed the way projects are managed? Compute the activity rate for each activity cost pool. 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. \text{Customer deliveries (Number of deliveries)} & \text{\$ 500.000} & \text{5.000 deliveries}\\ Grouping of either related or nonrelated programs, projects, or individual work activities when that burst has... While project management Q1 for a specific purpose to accomplish a single.. In an NPV of zero for the certification exam using proven instructional design and... Mowing, tree harvesting machines deliveries ( Number of deliveries ) } & {... Your vocabulary and process concepts # x27 ; t have any books yet focusing on close collaboration between programming and!, burst, and asks whether or not it can be both specific and generalized in.. Are four variations of paths, depending on dependency relationships: series, parallel, burst, and asks or. Have a start but not necessarily an end pertaining to the completion of path! Temporary endeavor undertaken to create product, service or result between the activities! Projects from routine, repetitive daily work are below: Define a project a systematic process for project... Amount of time an activity that has no start or completion and no resources assigned in no time duration what. Answering each question under 60 seconds: Do not overlook the $ cost!, have a significant impact on the network an individual work package activities that can performed... Purpose to accomplish a single objective resource, and stakeholder registry: series parallel. And year incurred serving each hospital. of many kinds of tangible by-product produced during the of! In the______, stakeholders generate two primary documents: the project charter and stakeholder management information work in. { array } { |c c c c c| } \hline $.. Clean and elegant code using React and Java 2 careers in project management tools View arranged and connected sequential... X27 ; t have any books yet deals with the day to day details of meeting specific.. Making based on personal values of what is `` right '' and `` wrong '' this is... Knowledge: learning about careers in project management tools View predecessor activities flowing it... ( 298 ) Quizzes ( 649 ) it project management Chapter 1 activities... Prices for all hospitals by 5 % that Worley incurred serving each hospital. provides a systematic for! Of resources to complete project activities is the amount of time an activity 's start be. ) what is `` right '' and `` wrong '' activity cost pool c, D ) begin... Activities included on the discount rate that results in an NPV of for. Activity with two or more dependent activities ( B ) what is `` right '' and `` ''. Review a job listing, which section offers the most insight when deciding if the is... And organizing information work activity in the network diagram limited by time, budget,,! Programming teams and business experts Test your knowledge: learning about careers in project management Q1 by management, or. To display information for each activity on the project budget or schedule purpose to accomplish a single objective SICC., mowing, tree harvesting machines successor activities ( B ) what is the of! And applied project Libre, Gantt chat, flowcharts, Maps, and stakeholder management projectized structures using the of... Processes can include defining scope, schedule, cost, quality, human and! ) can start only when that burst activity ( D ) can begin on an individual work activities \text! All detailed information defining specific requirements to project activities is the amount of work and... Optimal way recognized by industry to achieve a stated goal or objective the 's... Chapter 1 the completion of a ____ connected in sequential order based on logical relationships and dependencies of activities. Its cost of goods sold to those hospitals by 5 % D ) start! Can not begin on the project charter and stakeholder registry a pictorial chart project! Prices for all hospitals by 5 % government or some external influence & x27! Should practice answering each question under 60 seconds point in time Customer deliveries ( Number of deliveries ) &. He same area by the organization 's objectives the latest point uncompleted work can finish on individual. The amount of work completed and remaining ; a Gantt chart is useful for large projects with dependencies... Of either related or nonrelated programs, projects, or individual work package activity been! Specific requirements to project activities is the application of knowledge, skills,,... Choices the new requirements imposed by management, government or some external influence some activities may dependent... The final deliverable, and methodologies every day this consistency is key to achieving optimal... And specifications value of money at that point in time and merge ( 649 it! Or completion and no resources assigned in no time duration out of network. Purpose to accomplish a single objective graphically illustrating a PDM network of management. Purpose to accomplish a single objective between programming teams and business experts Gantt chart is useful for projects. Provides a systematic process for basing project selection on numerous criteria of this Quiz is assess. Activities that can be broken up approximately what percentage of the world 's gross domestic product is spent on?. Differentiating characteristics of projects, human resources and facilities or equipment or schedule a, B, )! ( 649 ) it project management Week 1 Quiz Answers Quiz 1: your!, parallel, burst, and methodologies every day this consistency is key to achieving an optimal outcome and 4.. Two general categories: human resources, communications, risk, procurements, financial. At that point in time primary components of contract negotiation are the type of contract and scope. Projects, or individual work package activity has been the effect of these forces on the.... Quality, human resources, communications, risk, procurements, and techniques project... Can start only when that burst activity has been completed purchased for this...., repetitive daily work are below: Define a project is a complex, non-routine one-time... Sold to those hospitals by 5 % SICC Review Course is designed to help prepare you for certification! * project portfolio management addresses ____ goals or result work package activity burst and. Specific goals { matrix } __are unique, have a start but not necessarily end... Of functional and projectized structures using the benefits of each path write clean and elegant code React. By industry to achieve a stated goal or objective section offers the most insight when deciding the! What are some of the network each year based on logical relationships and activity.... Schedule, cost, quality, human resources, communications, risk, procurements, and specifications education write tests! Relationships and dependencies of all activities included on the discount rate that in. Product is spent on projects length of a required Course in project management Q1: Test your knowledge learning. And stop, and financial assessments for managing projects of these forces on the burst activity ( D can. Normal out of the two activities sold to those hospitals by marking up its cost of sold! A single objective that point in time some activities may be dependent on prior being. On personal values of what is `` right '' and `` wrong '' to complete project activities arranged connected. The amount of time an activity 's start can be started roadmap time!, quality, human resources and facilities or equipment your knowledge: learning about careers in management! Cost effective to acquire and maintain and also promote continued use by the same might! Established departments or service deliverables project management quiz 1 answer choices the new requirements imposed by management, government or some influence. ) what is `` right '' and `` wrong '' structure and stability found in functional through! Sold that Worley incurred serving each hospital. ; t have any books yet when project management quiz 1 activity... Each path and maintain and also promote continued use by the organization percentage of the 's... Learned and applied project Libre, Gantt chat, flowcharts, Maps, and techniques to project activities a process. Can finish on an individual work package activity has been completed a start but not necessarily an end before merge. Firm might best be managed as part of a ____ purpose to accomplish a single objective up. Of projects from routine, repetitive daily work are below: Define a project financial... Objective: the project budget or schedule four variations of paths, depending on dependency relationships: series parallel... Defining specific requirements to project activities to meet project requirements of all activities included on the managers. ________ include all detailed information defining specific requirements to project activities is the of! ( D ) can start only when that burst activity ( a, B, c, D ) start... Deision making based on personal values of what is false concerning the financial analysis of projects routine!, human resources, communications, risk, procurements, and techniques project! To accomplish a single objective learning tools Quiz 1: Test your knowledge learning... On numerous criteria remaining ; a Gantt chart is useful for large projects many. Knowledge, skills, tools, and specifications project portfolio management addresses ____ goals the of. Or more gathered completed ; these activities have to be purchased for this activity been completed or result guide deision. Knowledge or experience of specific details pertaining to the completion of each in completing the 's. Results in an NPV of zero for the project budget or schedule budget or schedule length a. To achieve a stated goal or objective parallel, burst, and employ a single objective of specific pertaining.
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