MGMT627 Project Management Spring 2009 Final Term Paper

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FINALTERM EXAMINATION
Spring 2009
MGMT627 Project Management

Marks: 81

Question No: 1 ( Marks: 1 ) - Please choose one
Project management specialists frequently distinguish between weak and strong matrix
structures. Identify the chief characteristic of a weak matrix.

• Team members are not fully trained to do the job
  
• The functional manager has relatively more influence in making decisions than the project manager
  
• Management reserve is rapidly being depleted
  
• Re-baselining occurs frequently
  

Question No: 2 ( Marks: 1 ) - Please choose one
High production costs are typically found at which of the following Project Life Cycle
(PLC) phases?

• Maturity phase of the PLC
  
• Growth phase of the PLC
  
• Decline phase of the PLC
  
• Introduction phase of the PLC
  

Question No: 3 ( Marks: 1 ) - Please choose one
Which of the following is included in Project Scope Management?

• Plan development
  
• Project plan execution
  
• Integrated change control
  
• Initiation
  

Question No: 4 ( Marks: 1 ) - Please choose one
Which of the following statements is TRUE about scope management?

• It entails managing the project's work content
  
• It is a subset of configuration management and as such is performed by scope management specialists
  
• It is concerned with defining and controlling what is or is not included in the project
  
• It is not a concern of the project manager
  

Question No: 5 ( Marks: 1 ) - Please choose one
Which of the following statements best describes the project life-cycle?

• Project concept, project execution, and project reporting
  
• Project planning, work authorization, and project reporting
  
• Project planning, project control, project definition, work breakdown structure development and project termination
  
• Project concept, project planning, project execution, and project close-out
  

Question No: 6 ( Marks: 1 ) - Please choose one
All of the following are activities of the Project Engineering Manager, EXCEPT:

• Process flow sheets
  
• Equipment data specifications
  
• Process liaison
  
• Bid analysis
  

Question No: 7 ( Marks: 1 ) - Please choose one
Which of the following shows the impact on results of changes in assumptions?

• Controlled variation
  
• Scenario analysis
  
• Financial package blueprint
  
• Feasibility analysis
  

Question No: 8 ( Marks: 1 ) - Please choose one
All of the following factors affect the estimation decision, EXCEPT:

• Size of project
  
• Size of team
  
• Past experience
  
• Length of schedule
  

Question No: 9 ( Marks: 1 ) - Please choose one
Which of the following is NOT a formal method of Selecting Projects?

• The Sacred Cow
  
• The Operating Necessity
  
• The Competitive Necessity
  
• Comparative Benefit Model
  

Question No: 10 ( Marks: 1 ) - Please choose one
The success of a project depends critically upon which of the following?

• Effort
  
• Care
  
• Skill
  
• All of the given options
  

Question No: 11 ( Marks: 1 ) - Please choose one
Which of the following is NOT an input to project plan execution?

• Work authorization system
  
• Project plan
  
• Corrective action
  
• Preventive action
  

Question No: 12 ( Marks: 1 ) - Please choose one
Which of the following spells out clearly defined and agreed-upon goals in beginning of
project?

• Project Mission
  
• Project Schedule
  
• Project Execution Plan
  
• Project Scope
  

Question No: 13 ( Marks: 1 ) - Please choose one
All of the following are included in the Functional Level Planning, EXCEPT:

• Coordination of work activities
  
• Commitment to group goals
  
• Vertical & lateral communication
  
• Lateral communication
  

Question No: 14 ( Marks: 1 ) - Please choose one
All of the following are external economic variables for strategic planning in the tire
industry, EXCEPT:

• Forecast of industry
  
• Division of market
  
• Competition
  
• Steel and chemical output
  

Question No: 15 ( Marks: 1 ) - Please choose one
Who among the follolwing is responsible to provide technical directions to any problem?

• Assistant project manager
  
• Program manager
  
• Line manager
  
• Project manager
  

Question No: 16 ( Marks: 1 ) - Please choose one
Which of the following types of managers is the true technical expert?

• Program manager
  
• Line manager
  
• Project manager
  
• Assistant project manager
  

Question No: 17 ( Marks: 1 ) - Please choose one
Which of the following defines the size of the project?

• Project plan
  
• Project scope
  
• Project charter
  
• Work breakdown structure
  

Question No: 18 ( Marks: 1 ) - Please choose one
Which of the following is prepared before project approval?

• Project scope document
  
• Project charter
  
• Business case
  
• Project scope statement
  

Question No: 19 ( Marks: 1 ) - Please choose one
In scope verification process, who will give the formal acceptance of work completion?

• Top management
  
• Customers
  
• Stake holders
  
• Project manager
  

Question No: 20 ( Marks: 1 ) - Please choose one
Which of the following is the cause of scope creep?

• Cost reduction
  
• Cost overrun
  
• Cost allocation
  
• Cost maintenance
  

Question No: 21 ( Marks: 1 ) - Please choose one
How is the earliest time denoted?

• TL
  
• TE
  
• ET
  
• LT
  

Question No: 22 ( Marks: 1 ) - Please choose one
The earliest and latest times, are which of the following?

• Dependent variables
  
• Random variables
  
• Independent variables
  
• Fixed values
  

Question No: 23 ( Marks: 1 ) - Please choose one
An event, represents which of the following?

• Beginning of an activity
  
• Ending of an activity
  
• Beginning or ending of an activity
  
• Duration of an activity
  

Question No: 24 ( Marks: 1 ) - Please choose one
In CPM, which of the following in each activity is/are considered?

• Time
  
• Performance
  
• Cost and performance
  
• Time and cost
  

Question No: 25 ( Marks: 1 ) - Please choose one
Printers and plotters, prefer to draw which of the following?

• Circle
  
• Square
  
• Dotted line
  
• Straight line
  

Question No: 26 ( Marks: 1 ) - Please choose one
In precedence diagram, what does dotted line indicates?

• Event
  
• Relationship
  
• Slack
  
• Critical path
  

Question No: 27 ( Marks: 1 ) - Please choose one
Who among the following is responsible for the development of operational tools?

• Functional unit
  
• Program office
  
• Departments
  
• Supervisor
  

Question No: 28 ( Marks: 1 ) - Please choose one
How many types of pricing reports are there?

• 4
  
• 6
  
• 8
  
• 10
  

Question No: 29 ( Marks: 1 ) - Please choose one
Which of the following have NO relative impact on price level?

• Competitive prices
  
• Customer budget
  
• Bidder s cost estimate
  
• Life-cycle cost
  

Question No: 30 ( Marks: 1 ) - Please choose one
Which of the following refers to how a product looks, feels, sounds, tastes, or smells?

• Affordability
  
• Conformance
  
• Durability
  
• Aesthetics
  

Question No: 31 ( Marks: 1 ) - Please choose one
Which of the following is referred to as the management section of quality management
by PMBOK?

• Quality control
  
• Quality assurance
  
• Total quality control
  
• Process control charts
  

Question No: 32 ( Marks: 1 ) - Please choose one
Which of the following is viewed as a vertical teamwork between managerial and non managerial
personnel?

• Performance
  
• Empowerment
  
• Continuous improvement
  
• Planning
  

Question No: 33 ( Marks: 1 ) - Please choose one
Empowerment, encourages which of the following?

• Responsibility
  
• Authority
  
• Innovation
  
• Motivation
  

Question No: 34 ( Marks: 1 ) - Please choose one
Which of the following means Quality related to price ?

• Value
  
• Quality control
  
• Customer satisfaction
  
• Price control
  

Question No: 35 ( Marks: 1 ) - Please choose one
The information provided by the Kano model, relates to which of the following?

• Customer satisfaction
  
• Value analysis
  
• Quality control
  
• Price control
  

Question No: 36 ( Marks: 1 ) - Please choose one
Process Analysis, is a function of which of the following?

• Performance Analysis
  
• Quality Metrics
  
• Process Improvement Plan
  
• Quality Improvement Plan
  

Question No: 37 ( Marks: 1 ) - Please choose one
How many tools are used for quality improvement?

• Six
  
• Seven
  
• Eight
  
• Nine
  

Question No: 38 ( Marks: 1 ) - Please choose one
What is the ratio of output to input called?

• Efficiency
  
• Effectiveness
  
• Productivity
  
• Quality
  

Question No: 39 ( Marks: 1 ) - Please choose one
Productivity, is an output input agreement on consideration of which of the following?

• Quality and time
  
• Competitiveness and time
  
• Efficiency and time
  
• Effectiveness and time
  

Question No: 40 ( Marks: 1 ) - Please choose one
Which of the following defines how & when various stakeholders receive information &
communicate with each other?

• Site Waste Management Plan
  
• Communication Management Plan
  
• Chemicals Management Plan
  
• Debt Management Plan
  

Question No: 41 ( Marks: 1 ) - Please choose one
Which of the following refers to the interpersonal influence modes that a project manager
can use?

• Leadership style
  
• Motivation style
  
• Communication style
  
• Controlling style
  

Question No: 42 ( Marks: 1 ) - Please choose one
The development of the overhead rates, is a function of how many separate elements?

• Two
  
• Three
  
• Four
  
• Five
  

Question No: 43 ( Marks: 3 )
For the construction of a network, how many inputs are required?

Question No: 44 ( Marks: 3 )
How can quality be achieved in a project?

Question No: 45 ( Marks: 3 )
What are the objectives of procurement planning?

Question No: 46 ( Marks: 5 )
What are the characteristics of effective communication?

Question No: 47 ( Marks: 5 )
Differentiate between preliminary project scope statement and detailed project
scope statement.

Question No: 48 ( Marks: 10 )
Discuss the method of preparing the schedules. Also explain its importance.

Question No: 49 ( Marks: 10 )
If a firm is using fixed price contract, how does it get advantage over others?