1. One of your team members working on the project informed you that a work package will most likely require ten weeks to complete. In the best case scenario, if everything goes well and there are no surprises, it will take eight weeks. Since he is involved in more than two projects and has several pending deliverables, this specific work package may take eighteen weeks to complete. Based on this information, what would be the correct estimated time to compete the work package? A. Eleven weeks B. ten weeks C. Nine weeks D. eighteen weeks
2. Your project sponsor is extremely disappointed with the project as it is over budget by $15,000 and also behind schedule by several weeks. The sponsor has asked you to take care of the situation immediately and do whatever it takes. While exploring different options to shorten the project duration, you decide to put some of the noncritical activities on hold so that some of the resources working on these activities can be assigned to the activities with the most schedule risk. You also asked for a couple of additional external resources to be added to the project. The sponsor agrees to pay the additional cost since time is now a critical factor. This is an example of which of the following? A. Crashing B. Fast-tracking C. Critical chain method D. Resource leveling
5. Which one of the following takes the progressive elaboration approach and plans the work in the near term in detail and future work in a higher level? A. Scope definition B. Rolling wave planning C. Decomposition D. SWOT analysis
A. Precedence Diagramming Method (PDM)
B. What-if scenario analysis
C. Critical chain method
D. Resource leveling
16. You have recently been assigned as a program manager to implement an ERP solution in your organization. Initially, the team will only work on five key modules in the first phase of the project. The second phase of the project has not been approved yet. You have estimated that three of the modules will take ten days each, and the remaining two will be completed in fifteen days each. It is not possible to work on these modules in parallel. What would be the approximate duration for the first phase of your project? A. Fifty-five to sixty-five days B. Fifty days C. Ten days D. Ninety days
23. Your IT project has ten team members, and recently you have hired three more database developers. You are using a time-phased graphical display of activity start dates, end dates, and durations for tracking progress and reporting to the team. Which chart are you using? A. Milestone chart B. Work breakdown structure C. Network diagram D. Gantt chart
24. You are overseeing a project to implement a web-based traffic monitoring system. You have requested three programmers, three database developers, and two testers; senior management only approved five team members for your project. Which one of the following may you use to produce a resource-limited schedule by letting the schedule slip and cost increase in order to deal with a limited amount of resources, resource availability, and other resource constraints? A. Resource leveling B. Fast-tracking C. Crashing D. Critical path method