Chapter 2 Flashcards
What elements are explained in a business case?
A. Justification by identifying the organizational benefits
B. Alternative solutions
C. Alignment to the strategic plan
D. All of the above
E. A, C
D
In what project life cycle phase are the majority of the processes and project documents
created?
A. Discovery/concept preparation
B. Initiation
C. Planning
D. Execution
E. Closing
C
Which component of the project charter describes the characteristics of the product created
by the project?
A. Project description
B. Business case
C. Deliverables
D. Quality plan
A
A road construction project is going to require the company’s road paver, a piece of equipment that lays asphalt on roadways, in the next two weeks. The road paver is in use until
this Friday in a different city and will require five days to be relocated. This is an example of
which type of constraint?
A. Environment
B. Scheduling
C. Scope
D. Quality
B
The steering committee originally mandated that cost was the most important factor to the
project, keeping the project team size lean. As the project drags on, the steering committee
shifts and tells the project manager that schedule is the most important factor to the project.
This is an example of which type of influence on a project?
A. Change request
B. Constraint reprioritization
C. Scope creep
D. Interactions between constraints
B
Resource allocation, including assigned equipment, team members, and money to support a
project, occurs in which project phase?
A. Discovery/concept preparation
B. Initiation
C. Planning
D. Execution
E. Closing
C
The characteristics of the lower-level WBS include all of the following EXCEPT:
A. WBS components are a further decomposition of project deliverables.
B. WBS components should always happen concurrently with determining major
deliverables.
C. WBS components should be tangible and verifiable.
D. WBS components should be organized in terms of project organization.
B
Expenditures not expensed directly on a company’s income statement and considered an
investment are known as which of the following?
A. CapEx
B. OpEx
C. TOR
D. SOW
A
DewDrops has received an invoice from their business partner that asks for the monthly
payment for staff time plus travel expenses. Which of the following is the best choice on how
to categorize this purchase?
A. CapEx
B. OpEx
C. TOR
D. SOW
B
Derived from the project scope and charter, what would be included in the terms of reference? (Choose three).
A. General information
B. Lessons learned
C. Objectives/deliverables
D. Project sign-off
E. Standards
F. Ishikawa diagrams
A, C, E
Jazzmyn just created a business to provide service desk support augmentation services. She
is interested in her company having greater visibility with larger businesses and government
agencies. The goal is to position her company so that they have a better chance of earning
work. In her research, she should inquire to see if these companies have which of the following offerings?
A. Prequalified vendor lists
B. Terms of reference
C. Conflict resolution parameters
D. Scrum retrospective
A
. The calculation of the rate of return for a given investment for a given time period is known
as which of the following?
A. Payback period
B. Return on investment
C. Time value of money
D. Earned value
B
Which of the following activities are not part of the Closing phase of a project?
(Choose two).
A. Develop a transition/release plan
B. Close contracts
C. Validate deliverables
D. Implement organizational change management
E. Release resources
A, D
Deliverables are an output of which phase?
A. Discovery/concept preparation
B. Initiation
C. Planning
D. Execution
E. Closing
D
. When breaking down project deliverables, what is the lowest level that is recorded in a WBS?
A. Daily work schedules
B. High-level requirements
C. Work package
D. Major milestones
C
