Question 1. Which of the following is an example of a project? 

1. Which of the following is an example of a project?
a. Maintaining e-mail addresses
b. Capacity planning
c. Submitting travel and expense reports
d. Sending monthly reports to top management

2. An effective project manager must:
a. Tell his team members what to do
b. Be the most capable person on the team technically
c. Be focused on achieving results
d. Not trust his team members to achieve results without his personal attention to detail

3. A key characteristic of an effective project team is that:
a. Members have graduate degrees in project management
b. Members come from the same professional background
c. Members see themselves as stakeholders in the project
d. Members adhere to a prescribed pecking order

4. A challenge of the matrix project organization is that:
a. Team members are full of ego
b. Team members are selected from the same functional area
c. Team members have divided loyalties
d. It enables functional managers to provide career guidance to their workers

5. A key weakness of the Benefit-Cost ratio project selection mechanism is that:
a. It only focuses on things that can be measured
b. It takes time frame into consideration
c. It is too much based on subjective judgment
d. It does not entail prioritizing

6. A major strength of task Gantt charts is that they can:
a. Offer a sophisticated model of a project
b. Show how many resources will be used on the project
c. Show the interdependencies of tasks
d. Show actual versus planned schedule status

7. If you want to shorten the length of a project, you must:
a. Shorten the critical path
b. Shorten the free float
c. Spend more money

d. Cut back on the features you plan to deliver

8. The critical path:
a. Provides the duration of a project
b. Has the shortest duration on a project
c. Is the most expensive path to implement
d. Contains the project’s most significant tasks

9. A tool that graphically shows cost variance is:
a. A chart of accounts
b. A code of accounts
c. A histogram (also called a resource loading chart)
d. A cumulative cost curve (also called S-curve)

10. Which of the following methods involves performing tasks in parallel?
a. Crashing
b. Fast tracking
c. Leveling
d. Hammocking

11. Top-down estimates (also called parametric estimates):

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