Question 1.1. (TCO 4) An example of parametric estimating would be: (Points : 5) A. If it cost two d 1 answer below »

Question 1.1. (TCO 4) An example of parametric estimating would be: (Points : 5)
    A.   If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same server.
   B.     Senior management has said this project will cost $10,000.
   C.    The consulting company doing the work estimates the work to cost $40,000.
   D.    A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.
Question 2.2. (TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your CPI is .78. What does this mean to you? (Points : 5)
     A. The project is doing fine. It will be completed on budget.
     B. The project is slightly under budget. No corrections are needed.
    C.   The project is slightly over budget. Corrections are needed.
   D.    The project is very much over budget. Immediate corrections are needed.
Question 3.3. (TCO 4) Which of the below is an example of a fixed cost to a project? (Points : 5)
A.       Cost of mortgage on a building needed for the project
B.     Cost of a day rental van needed for the project
C.     Cost of labor to support the project
D.       Cost of electricity needed to operate a machine needed for the project
Question 4.4. (TCO 7) Which of the following is an example of a formal written form of communication? (Points : 5)
    A.   Meeting notes made at a meeting with the VP of the company
   B.    E-mails between an important client and yourself
   C.    Contracts with a client
D.     A memo from the senior VP of the company
Question 5.5. (TCO 8) What document provides the project manager with information as to whom must be consulted and informed of the completion of a particular project activity? (Points : 5)
A.      The WBS
B.      The RACI
C.      The OBS
D.      The RBS
Question 6.6. (TCO 8) You are the project manager of a large, virtual HR project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team? (Points : 5)
A.     Keep all team members informed and communicating.
B.     Create a code of conduct for all team members.
C.     Hold face-to-face meetings whenever possible.
    D.   Ensure the WBS is as accurate as possible at all times.
Question 7.7. (TCO 9) Leadership in agile project management focuses on _____. Leadership in traditional project management focuses on _____. (Points : 5)
   A.    collaboration; control
B.     command; creativity
C.     creativity; collaboration
D.     control; collaboration
Question 8.8. (TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project? (Points : 5)
   A.    Milestones help align schedules with vendors.
B.      Milestones can be used as signals to team members.
C.     Milestones can motivate the project team.
   D.    Milestones ensure the WBS is followed.
8. You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI.   Second, use the values to provide the status of each project. All values are in dollars.
Project A
Project B
9. Compare and contrast top-down and bottom-up project estimating techniques.
10. Agile project teams are typically co-located. Why is this so important to an agile project and what does it facilitate on an agile project?
11. Compare and contrast leaders versus managers on a project.

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