Project Management Quiz - 36

1. The Delphi Method is _____ .
[A]used to derive a consensus arriving at a convergent solution
[B]useful in determining probability relating to future events.
[C]used with questionnaires based on established scenarios.
[D]continued as an iterative process until a solution is reached.
[E]All of the above.



2. The positive value of conflict is underestimated. Properly managed, conflict is a valuable tool, particularly when
[A]A diversion is needed
[B]Conflictive situations are in their early stages and emotional involvement is low
[C]Conflictive situations are in their late stages and emotional involvement is high
[D]Conflict may cause a loss of status or position power
[E]



3. Under the terms of 2/10 net 30, the buyer may:
[A]deduct 10% of the invoice amount for payment within 30 days
[B]deduct 2% of the invoice for payment within 10 days
[C]incurs a penalty on 10% for payments more than 30 days late
[D]settle the invoice with 2 equal payments; one within 10 days and the other within 30 days
[E]None of the above



4. Which of the following can result in misinterpretation of the statement of work?
[A]Using imprecise language (i.e. nearly, approximately)
[B]Mixing tasks, specifications, special instructions and approvals
[C]No pattern, structure or chronological order
[D]Wide variation in the size of tasks or details of work
[E]All of the above



5. Amount at Stake is the _____ .
[A]function of planned time/real time project costs.
[B]risk identified in successful project completions.
[C](Standard Project Deviation + Expected Costs)/6
[D]cost of investment loss + least cost to restore status quo.
[E]inherent risk at conception altered by standard project deviations.



6. In communications management, to assimilate through the mind or senses (as in new ideas) is the process of
[A]Understanding
[B]Communicating
[C]Receiving
[D]Decoding
[E]Comprehending



7. In general, the best long-lasting approach to settling project conflict is the _____ approach .
[A]Problem solving
[B]Compromise
[C]Withdrawal
[D]Smoothing
[E]Forcing



8. In which of the following cost estimating techniques are statistics models used:
[A]nonparametric cost estimating
[B]parametric cost estimating
[C]life cycle cost estimating
[D]bottom-up estimating
[E]All of the above.



9. The _____ specification delineates specific end use capabilities which can be tested in the acceptance procedure.
[A]performance
[B]functional
[C]technical
[D]base line
[E]operational



10. The contractual statement of work (CSOW)
[A]Must be the same as the proposal statement of work
[B]Does not identify reporting requirements
[C]Can be at a different level of detail (i.e. WBS level) than the proposal statement of work
[D]Identifies the contractor's organizational structure for the project
[E]All of the above



11. The key ingredient to a successful quality management program are _____.
[A]management's quality philosophy, operational quality assurance and operational quality control.
[B]quality evaluation methods and functional quality integrators.
[C]technical quality administration, the technical quality specifications, and the quality process review.
[D]quality evaluation methods, quality progress reviews and the technical quality specifications.
[E]All of the above.



12. The key purpose of project control is to:
[A]Plan ahead for uncertainties.
[B]Generate status reports.
[C]Keep the project on track.
[D]Develop the project road map.
[E]All of the above.



13. CIP embodies which of the following principals?
[A]constancy of purpose
[B]customer focus and involvement
[C]total involvement
[D]teamwork
[E]All of the above.



14. Excessive flexibility in specifying requirements will _____ the likelihood of time overruns.
[A]Reduce.
[B]Eliminate.
[C]Double
[D]Increase
[E]Not affect



15. Listening involves more than hearing sounds. The good listener
[A]Repeats some of the things said
[B]Finishes the speaker's sentences
[C]Writes everything down
[D]Nods his head frequently
[E]