Exam

Question 0

Project team structure

Answer 0

Highly flexible
Faster response to change
Interdisciplinary collaboration

Expensive
Self-fulfilling actions
More debate than action
Constant break-up

Question 1

Functional structure (+ves/-ves)

Answer 1

No change to existing structure
Clear career paths
Specialisation
Easy post product transition

Lack of priority
Introspective
Lack of ownership
Inward looking departments (silos)

Question 2

Matrix structure

Answer 2

String project focus
Increased motivation
Flexible and efficient use of rss
Able to adapt to fluctuations in demand 
Fast response to change 
Easier post project transition 

No unity of command
Unclear role of pm
Conflict over rss allocation
No clear responsibility

Question 3

Sources of conflict

Answer 3

Project priorities
Cost estimates
Interpersonal

Question 4

Stages of negotiation

Answer 4

Preparation
Opening
Bargaining
Closing

Question 5

Roles in a negotiation

Answer 5

Leader 
Good guy
Bad guy
Hard liner 
Sweeper

Question 6

What are settlement zones?

Answer 6

Like
Must
Intend

Question 7

What are the 5 conflict handling styles?

Answer 7

Integrating
Obliging 
Compromising 
Dominating
Avoiding

Question 8

Estimating can NOT…

Answer 8

Be applied with precision
Substitute for mgmt and control
Produce results better than empirical data

Question 9

Why is estimating useful?

Answer 9

Leads to a better understanding of problem
Supports strategic dm
Improves rss allocation
Baseline to measure progress

Question 10

Top down estimating

Answer 10

Getting judgement and experiences from top and middle managers

Question 11

Bottom up estimating

Answer 11

Ppl doing the work are consulted

Subordinates can over estimate requirements

Question 12

What to monitor?

Answer 12

Time
Cost
Performance

Question 13

What is EVA?

Answer 13

Earned Value Analysis

Question 14

CPI

Answer 14

BCWP/ACWP

Or

EV/ACWP

Question 15

SPI

Answer 15

BCWP/BCWS

Or

EV/BCWS

Question 16

CSI

Answer 16

CPI x SPI

Question 17

Cost of completion

Answer 17

Original budget / CPI

Question 18

Time of completion

Answer 18

Original time estimate / SPI

Question 19

Project closure

Answer 19

Contractual

Administrative

Question 20

Project life cycle

Answer 20

Defining
Planning
Execution
Close-out

Question 21

Make P(x<z) normal

Answer 21

P(x< [(z-M)/SD])

Question 22

How to find Z alpha

Answer 22

1-CI = alpha

1-(alpha/2)= Z alpha

Question 23

(Xl,Xu)

Answer 23

Mean - (Z alpha x [SD/n])

Or +

Question 24

FF

Answer 24

Est(j) - est(i) - d

Question 25

IF

Answer 25

Est(j) - let(i) - d