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Bus517 Final Exam Part 3

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Question 1 The first step in the project control process of the measurement and evaluation of project performance is to Answer Set a baseline plan Determine the project objectives Determine the project deliverables Analyze the project budget Review the project priority matrix Question 2 The third step in the project control process of the measurement and evaluation of project performance is to: Answer Review the baseline plan with top management Analyze inputs to the control system Compare the plan against actual performance Measure both progress and performance Review spending with team members Question 3 A project monitoring system involves all of the following except: Answer Determining what date to collect Determining how, when, and who will collect the data Adjusting the data Analysis of the data Reporting current progress Question 4 The last step in the project control process of the measurement and evaluation of project performance is to: Answer Take appropriate action Prepare a report to top management Follow up on corrective action Measure progress and performance Review spending with team members Question 5 The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following? Answer EV/BAC (EV-PV)/BAC AC/EAC (EV-AC)/BAC (EV-PV)/EAC Question 6 The second step in the project control process of the measurement and evaluation of project performance is to: Answer Review the baseline plan with top management Analyze inputs to control system Compare plan against actual Measure progress and performance Review spending with team members Question 7 Small refinements that eventually build to be major changes are known as: Project erosion Scope creep Specification adjustments Specification refinements Continuous improvements Question 8 In monitoring project time (schedule) performance actual performance should be compared to: Answer Budgets for the current year Top management’s targets Project network schedule derived from the WBS/OBS Progress on similar past projects Previous status reports Question 9 Implementing closedown includes the following major activities except: Answer Getting delivery acceptance from the customer. Shutting down resources and releasing to new uses. Closing accounts and seeing all bills are paid. E-mail the project team that the project is complete. Creating a final report. Question 10 In the Snapshot from Practice, New Balls Goes Flat in NBA, is an example of a project gone wrong when the _______ is/are not consulted. Answer Manufacture Equipment and facilities managers End-users The Fans Project manager Question 11 __________ of lessons learned are designed to improve performance on current and future projects. Answer Retrospectives Corrective action plans Introspective Culmination Evolution Question 12 Many projects will fail because of circumstances beyond the control of the project team is called: Answer Normal Premature Perpetual Failed Project Changed Priority Question 13 The section of the final project report that new project teams are likely to find most useful is the: Answer Analysis Recommendations Classification of project Lessons learned Strategic objectives Question 14 When the project may be completed early with some parts of the project eliminated this is considered to be ___________ closure. Answer Normal Premature Perpetual Changed Priority Failed Project Question 15 Items technical in nature and focus on solutions to problems that surfaced would typically appear in the _____ section of the final project report. Answer Analysis Recommendations Classification of project Lessons learned Strategic objectives Question 16 When a project may start with a high priority but see its rank erode or crash during its project life cycle as conditions change this is an example of: Answer Normal Premature Perpetual Fail

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