Management

A lump-sum contract requires the customer to pay for the full delivered price of the project before

A lump-sum contract requires the customer to pay for the full delivered price of the project before

A lump-sum contract requires the customer to pay for the full delivered price of the project before any work is done.

Is this statement true or false

A) True
B) False

Louie928   246   3 Replies

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The terms lump-sum contract and turnkey contract are interchangeable. (True or false?)

The terms lump-sum contract and turnkey contract are interchangeable. (True or false?)

The terms lump-sum contract and turnkey contract are interchangeable.

Is this statement true or false

A) True
B) False

Louie928   620   3 Replies

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Work authorization functions as the formal "It's OK to begin work," on the project. (True or false?)

Work authorization functions as the formal "It's OK to begin work," on the project. (True or false?)

Work authorization functions as the formal "It's OK to begin work," on the project.

Is this statement true or false

A) True
B) False

Louie928   623   3 Replies

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A comprehensive statement of work includes an estimate of time and costs, resource requirements, and

A comprehensive statement of work includes an estimate of time and costs, resource requirements, and

A comprehensive statement of work includes an estimate of time and costs, resource requirements, and the scope of the work to be performed.

Is this statement true or false

A) True
B) False

Louie928   466   3 Replies

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The statement of work is a detailed narrative description of the work required for a project. (True or false?)

The statement of work is a detailed narrative description of the work required for a project. (True or false?)

The statement of work is a detailed narrative description of the work required for a project.

Is this statement true or false

A) True
B) False

Louie928   204   3 Replies

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Scope management is the function controlling a project in terms of its goals and objectives during t

Scope management is the function controlling a project in terms of its goals and objectives during t

Scope management is the function controlling a project in terms of its goals and objectives during the execution phase.

Is this statement true or false

A) True
B) False

Louie928   205   3 Replies

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An earned value report shows:

An earned value report shows:

An earned value report shows:
A) Slippages in performance measures for the work product.
B) How much money has actually been spent so far on the project.
C) The budgeted value of work performed.
D) Slippages in time against planne

Louie928   412   3 Replies

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A graphical display of costs against project schedule is called a(n):

A graphical display of costs against project schedule is called a(n):

A graphical display of costs against project schedule is called a(n):
A) S-curves.
B) Radar chart.
C) Gantt chart.
D) Budget plot.

Louie928   471   3 Replies

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Updates on how the project is performing against milestones can be accomplished by issuing a report

Updates on how the project is performing against milestones can be accomplished by issuing a report

Updates on how the project is performing against milestones can be accomplished by issuing a report containing:
A) S-curves.
B) Earned value.
C) Technical performance.
D) Schedule status.

Louie928   273   3 Replies

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Your professor moonlights to make ends meet during the summer months and has a knack for painting ho

Your professor moonlights to make ends meet during the summer months and has a knack for painting ho

Your professor moonlights to make ends meet during the summer months and has a knack for painting houses. You agree to pay $500 over whatever the materials and equipment rental cost for the job and delight in sipping lemonade in the shade watching yo

Louie928   389   3 Replies

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Which pair of statements is BEST?

Which pair of statements is BEST?

Which pair of statements is BEST?
A) Cost-plus contracts are prone to budget overruns while turnkey contracts are typically underbid by the contractor.
B) Cost-plus contracts are prone to budget overruns while turnkey contracts are typicall

Louie928   626   3 Replies

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A project management firm that promises to do everything for a major project and hand over a fully f

A project management firm that promises to do everything for a major project and hand over a fully f

A project management firm that promises to do everything for a major project and hand over a fully functional, ready-to-use deliverable is performing under a(n):
A) Umbrella contract.
B) All-inclusive contract.
C) Turnkey contract.

Louie928   580   3 Replies

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The section of the contractual documentation that identifies what are the excusable delays, allowabl

The section of the contractual documentation that identifies what are the excusable delays, allowabl

The section of the contractual documentation that identifies what are the excusable delays, allowable costs, and criteria for inspection is called the:
A) Dissolution factors.
B) Contracted terms.
C) Bylaws.
D) Amendments.

Louie928   400   3 Replies

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All projects are promised in terms of the specific functionality or performance criteria they will m

All projects are promised in terms of the specific functionality or performance criteria they will m

All projects are promised in terms of the specific functionality or performance criteria they will meet. The key feature of the contractual documentation that specifies this functionality or criteria is the:
A) Valid consideration.
B) Contr

Louie928   483   3 Replies

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In the case of projects developed for external clients, work authorization typically addresses:

In the case of projects developed for external clients, work authorization typically addresses:

In the case of projects developed for external clients, work authorization typically addresses:
A) Contractual obligations.
B) Resource requirements.
C) Audit trail establishment.
D) Budget linkage.

Louie928   462   3 Replies

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The step that reflects the formal "go ahead" given to the project to commence once the scope definit

The step that reflects the formal "go ahead" given to the project to commence once the scope definit

The step that reflects the formal "go ahead" given to the project to commence once the scope definition, planning documents, and other contractual documents have been prepared and approved is the:
A) Work release.
B) Work authoriz

Louie928   466   3 Replies

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A testing plan would be outlined in which section of a statement of work?

A testing plan would be outlined in which section of a statement of work?

A testing plan would be outlined in which section of a statement of work?
A) Risks and concerns
B) Description and scope
C) Approach
D) Acceptance criteria

Louie928   190   3 Replies

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The description and scope section of a statement of work would contain statements regarding:

The description and scope section of a statement of work would contain statements regarding:

The description and scope section of a statement of work would contain statements regarding:
A) Termination of project information.
B) Environmental risks.
C) Expected benefits.
D) Major milestones.

Louie928   428   3 Replies

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A statement of work identifies:

A statement of work identifies:

A statement of work identifies:
A) A need.
B) Members of the project team.
C) A project organization.
D) Alternatives.

Louie928   381   3 Replies

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The statement of work should contain:

The statement of work should contain:

The statement of work should contain:
A) Expected project outcomes.
B) A brief and general description of the work to be performed.
C) Information on the key objectives for the project.
D) All of these are elements of a statement

Louie928   240   3 Replies

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Which statement about conceptual development is BEST?

Which statement about conceptual development is BEST?

Which statement about conceptual development is BEST?
A) Conceptual development begins with the process of reducing the project's overall complexity to a more basic level.
B) It is vital that a best approach to solving a problem be loc

Louie928   557   3 Replies

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There were conceivably an infinite number of courses he could take during his final semester, but si

There were conceivably an infinite number of courses he could take during his final semester, but si

There were conceivably an infinite number of courses he could take during his final semester, but since he worked 8-5, Jake needed to take night classes. He also needed to ensure that the class was offered at the Edmond campus rather than Midwest Cit

Louie928   826   3 Replies

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The cat-skinning project management team considers the many ways to accomplish their objective befor

The cat-skinning project management team considers the many ways to accomplish their objective befor

The cat-skinning project management team considers the many ways to accomplish their objective before settling on one technique as part of their:
A) Need statement step.
B) Alternative analysis step.
C) Project objectives step.
D)

Louie928   463   3 Replies

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Restrictions that affect project development are:

Restrictions that affect project development are:

Restrictions that affect project development are:
A) Constraints.
B) Limitations.
C) Stop-limits.
D) Problems.

Louie928   277   3 Replies

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Scope management for a project begins with:

Scope management for a project begins with:

Scope management for a project begins with:
A) An organization breakdown structure.
B) A statement of goals.
C) A configuration statement.
D) A work package.

Louie928   306   3 Replies

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Which of these is NOT an element of project scope management?

Which of these is NOT an element of project scope management?

Which of these is NOT an element of project scope management?
A) Project closeout
B) Project champion
C) Control systems
D) Scope statement

Louie928   743   3 Replies

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The Scope Management chapter begins and ends with the quote, "It's a dream until you write it down.

The Scope Management chapter begins and ends with the quote, "It's a dream until you write it down.

The Scope Management chapter begins and ends with the quote, "It's a dream until you write it down. Then it's:
A) A documented dream."
B) A scope statement."
C) Etched in stone."
D) A goal."

Louie928   424   3 Replies

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Which statement about scope management is BEST?

Which statement about scope management is BEST?

Which statement about scope management is BEST?
A) Scope management can begin once a project hits operational level.
B) Project goals don't matter in scope management as long as the budget is not exceeded.
C) Scope management must

Louie928   602   3 Replies

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What are the practical steps that organizations can take to begin developing a core of project manag

What are the practical steps that organizations can take to begin developing a core of project manag

What are the practical steps that organizations can take to begin developing a core of project management professionals?

Louie928   296   3 Replies

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What factors dictate an increased need to develop project management professionalism within an organ

What factors dictate an increased need to develop project management professionalism within an organ

What factors dictate an increased need to develop project management professionalism within an organization?

Louie928   289   3 Replies

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Outgoing, people-oriented individuals have a better likelihood of performing well on project work th

Outgoing, people-oriented individuals have a better likelihood of performing well on project work th

Outgoing, people-oriented individuals have a better likelihood of performing well on project work than quieter, more introverted people.

Is this statement true or false

A) True
B) False

Louie928   371   3 Replies

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One way an organization can develop a core of project management professionals is to administer pers

One way an organization can develop a core of project management professionals is to administer pers

One way an organization can develop a core of project management professionals is to administer personality tests and match people attuned to project work to projects.

Is this statement true or false

A) True
B) False

Louie928   369   3 Replies

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A reward system for project management should be:

A reward system for project management should be:

A reward system for project management should be:
A) Greater than rewards for process management.
B) Based on the money saved managing the project.
C) Differentiated from normal functional rewards.
D) Based on the money generated

Louie928   452   3 Replies

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One practical step that should be taken in order for an organization to begin developing a core of p

One practical step that should be taken in order for an organization to begin developing a core of p

One practical step that should be taken in order for an organization to begin developing a core of project management professionals is to:
A) Formalize the organization's commitment with training programs.
B) Fire the unprofessional pr

Louie928   354   3 Replies

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A good starting point for matching employees to project work would be:

A good starting point for matching employees to project work would be:

A good starting point for matching employees to project work would be:
A) Making sure that every department in the organization has at least one representative on the project team.
B) Observing what clusters of employees develop during info

Louie928   648   3 Replies

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Which personality trait is a poor match for project work?

Which personality trait is a poor match for project work?

Which personality trait is a poor match for project work?
A) Outgoing
B) Introverted
C) People-oriented
D) Gregarious

Louie928   409   3 Replies

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In the new project management professionalism model:

In the new project management professionalism model:

In the new project management professionalism model:
A) Personnel should be in a state of flux with regard to job assignment.
B) Project management should be a dedicated career path.
C) Traditional project champion activities will supp

Louie928   507   3 Replies

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What four competencies determine success as project leaders?

What four competencies determine success as project leaders?

What four competencies determine success as project leaders?

Louie928   216   3 Replies

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One of the most important contributions of a project manager is to continually remind the team what

One of the most important contributions of a project manager is to continually remind the team what

One of the most important contributions of a project manager is to continually remind the team what is most important.

Is this statement true or false

A) True
B) False

Louie928   444   3 Replies

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The new leader must make a conscious effort to distance himself from the people being led. (True or false?)

The new leader must make a conscious effort to distance himself from the people being led. (True or false?)

The new leader must make a conscious effort to distance himself from the people being led.

Is this statement true or false

A) True
B) False

Louie928   1026   3 Replies

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