Joseph is looking for a way to track how long it takes his team to perform final testing for each tractor. When a tractor gets approved to deliver for a customer, he would simply like a graph that displays a just single point for the time result for that final test. Over time, he would like to see how his team progresses. What type of quality control tool should Joseph use?
A. Scatter diagram
B. Run chart
C. Pareto diagram
D. Control chart
As the buyer, you decide that the best contract for your project needs is one that will reimburse the supplier. Regardless of how the supplier performs, you are willing to pay a predetermined amount upon the completion. This an example of what kind of contract?
A. Firm Fixed Price (FFP)
B. Cost Plus Award Fee (CPAF)
C. Fixed Price Plus Cost (FPPC)
D. Cost Plus Fixed Fee (CPFF)
During risk identification, you decide that there are some risks that you do not want to do anything to change their probability or impact. To ensure that you have enough funds in case the risk events are triggered, you request a contingency reserve. How would you best describe this risk response strategy?
A. Passive acceptance
B. Reserve analysis
C. Active acceptance
D. Fund exploitation
What key characteristic differentiates matrix organizations from functional or projectized organizations?
A. Team members report to two bosses.
B. The organization is grouped by areas of specialization.
C. After a project is closed, team members move on to other projects.
D. The project manager’s role is part-time.
Joan has been assigned to manage a project to recondition ten school buses. Although her company has never reconditioned more than a single bus at a time, Joan feels she can still give somewhat accurate estimates by using:
A. Bottom-up estimating
B. Analogous estimating
C. Parametric estimating
D. Engineering estimating
While interviewing for a project manager position, you are asked which motivation attitude you have, Theory X or Theory Y. You state that your style is closer to the Theory Y approach and because you:
A. Encourage team members to realized their own maximum potential
B. Prefer to closely monitor your team members
C. Believe your team members can strive to achieve and are capable of self-motivation
D. Promote company loyalty and care about your team members on the job as well as during non-working hours
During the planning phase of your project, you are working closely with your team to put the finishing touches on the initial work breakdown structure (WBS). As your last step, you add a unique identifier to each work package so it can be used to monitor scope, time and cost later in the project. These unique identifiers are commonly known as:
B. WBS dictionary
C. Outline system
D. Code of accounts
On a project to build a new corporate intranet, the project manager makes a request that you, her mentor, to help her collect requirements. She lays out a plan and asks you if you prefer to help her with interviewing stakeholders or creating prototypes. However, before deciding, you want to ensure that she is ready to start this step. Which of the following is the most appropriate?
A. Review the WBS to ensure that the tasks are necessary
B. Ask her if which task she needs more guidance with
C. Ensure that the schedule is realistic and can accommodate both tasks
D. Ask her if she has an approved project charter