Chapter 6

Question 1

Resource Smoothing

Answer 1

Activity start and finish dates may
only move within the activity’s
range of Free and Total Float

Question 2

Monte Carlo Analysis

Answer 2

You input different possible durations for activities.

Estimates the likelihood your project will come in on schedule.

Question 3

Triangular Distribution

Answer 3

The three estimates that you collected are equally likely to occur.

Question 4

Beta Distribution

Answer 4

If you believe the Most likely estimate is truly most likely

Question 5

Beta Distribution Calculation

Answer 5

Optimistic +4(Most Likely) + Pessimistic

divide by 6

Question 6

Schedule Compression - Crashing

Answer 6

Increase cost to shorten time

Question 7

Schedule Compression - Fast-tracking

Answer 7

Increase risk to shorten time

Question 8

Fast-tracking means you consider removing … kind of dependencies?

Answer 8

discretionary dependencies

Question 9

Iteration Burndown Chart

Answer 9

Tracks work that remains to be completed

in the iteration backlog

Question 10

The cost baseline is often displayed as this kind of graph

Answer 10

S Curve

Question 11

The type of reserves that are the focus of Estimate Costs

Answer 11

Contingency reserves

Question 12

Total funding requirement for a project is the sum of the Cost Baseline and this type of reserve

Answer 12

management reserves

Question 13

The use of analogous estimating to estimate the duration of the entire project

Answer 13

Top-down estimating

Question 14

Produces WPR (Work Performance Reports)

Answer 14

Monitor and Control Project Work

Question 15

Work authorization system is an example of this

Answer 15

EFF

Question 16

Manage Quality is a process in this process group

Answer 16

Executing

Question 17

Deliverables are verified against requirements in this process

Answer 17

Control Quality

Question 18

Deliverables are verified against requirements in this process

Answer 18

Control Quality

Question 19

An attribute of the project or product, how quality control will measure it, and the acceptable range or threshold

Answer 19

Quality Metric

Question 20

A histogram, ordered by frequency of occurrence that shows how many results were related to each identified cause

Answer 20

Pareto Chart

Question 21

Prevention costs and appraisal costs are examples of this type of cost of quality

Answer 21

Costs of conformance

Question 22

Prevention costs and appraisal costs are examples of this type of cost of quality

Answer 22

Costs of conformance

Question 23

This is generated by using a scheduling method, such as CPM, as you perform Develop Schedule

Answer 23

Schedule Model

Question 24

During which of the following project process groups is stakeholders influence least effective?

Answer 24

Executing

Question 25

The schedule network diagram is output from what process?

Answer 25

Sequence Activities

Question 26

schedule management processes

Answer 26

Define activities; Sequence activities; Estimate activity durations; Develop schedule; Control schedule

Question 27

CPI - Calculation

Answer 27

CPI = EV/AC

Question 28

CPI - Definition

Answer 28

A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost.

Question 29

SPI - Calculation

Answer 29

SPI = EV/PV

Question 30

SPI - Definition

Answer 30

A measure of schedule efficiency expressed as the ratio of earned value to planned value.

Question 31

ETC - Definition

Answer 31

The expected cost to finish all the remaining project work

Question 32

ETC - Calculation

Answer 32

ETC = EAC – AC

Question 33

EAC - Calculation

Answer 33

EAC = BAC/CPI

Question 34

EAC - Definition

Answer 34

The expected total cost of com-pleting all work expressed as the sum of the actual cost to date and the estimate to complete.

Question 35

The focus of reserve analysis when estimating costs is _______ , whereas the focus of reserve analysis in determining budget is _______ .

Answer 35

Contingency reserves; management reserves

Question 36

Project Charter Inputs

Answer 36

Business case, Benefits management plan, Agreements

Question 37

Work Performance Data is produced by

Answer 37

Direct and manage project work