How can plan-monitor-control cycle is best described


Questions:

Question 1
Which of the following is NOT an objective mentioned in the text for data gathered from monitoring?
A. Promoting team members
B. Keeping management informed
C. Auditing
D. Learning from mistakes

Question 2
The plan-monitor-control cycle is best described as:
A. an open loop process.
B. a closed-loop process.
C. an ad-hoc process.
D. an informal process.

Question 3
Which of the following is used when it is especially difficult to find a direct measure of a variable?
A. Frequency count
B. Raw numbers
C. Surrogates
D. Subjective numeric ratings

Question 4
Which of the following is most closely associated with ordinal rankings?
A. Frequency counts
B. Raw numbers
C. Indicators
D. Subjective numeric rankings

Question 5
Which of the following is NOT a distinct type of report?
A. Exception
B. Special analysis
C. Critical incident
D. Routine

Question 6
Which of the following was NOT listed in the text as a convention for estimating task progress?
A. 50% when task is started and another 50% when it is completed
B. 100% when task is completed and 50% before that
C. Using the ratio of cost expended to total cost budgeted
D. Using the ratio of time expended to the total time scheduled

Question 7
The cost/spending variance is calculated as:
A. AC - EV.
B. EV - PV.
C. PV - EV.
D. EV - AC.

Question 8
Estimated (remaining cost) to completion (ETC) is calculated as:
A. (BAC - EV)/CPI.
B. (BAC - EV)/SPI.
C. (BAC + EV)/CPI.
D. (BAC + EV)/SPI.

Question 9
In earned value analysis:
A. it is desirable to have negative variances for both schedule and spending.
B. it is desirable to have positive variances for both schedule and spending.
C. the schedule variance should be positive and the spending variance negative.
D. the schedule variance should be negative and the spending variance positive.

Question 10
Which of the following is NOT a primary mechanism by which the project manager exerts control?
A. Reviews
B. Personnel assignments
C. Audit reports
D. Resource allocation

Question 11
Which of the following is NOT a component of a control system?
A. Effector
B. Sensor
C. Decision maker
D. Leveler

Question 12
Which of the following is NOT a tool used to aid the project manager in project control?
A. Variance Analysis
B. Trend Projections
C. Earned Value Analysis
D. Discounted Cash Flow Analysis

Question 13
The most common source of changes to a project based on the natural tendency of the client and project team members to improve the project's output is called:
A. scope creep.
B. projectitis.
C. multitasking.
D. dynamic scoping.

Question 14
Which of the following is NOT true regarding meetings?
A. A written agenda should be distributed in advance of the meeting.
B. The agenda should announce preset starting and stopping times.
C. It is appropriate to be flexible and extend a meeting's stopping time if issues come up that were not on the agenda.
D. Don't penalize those who show up on time by making them wait for those who are late.

Question 15
The first step in setting up a monitoring system is to:
A. identify personnel.
B. identify all project milestones.
C. identify key factors to be controlled.
D. identify reports required.

Question 16
__________ is one of a project manager's most difficult tasks, invariably involving both mechanistic and human elements.
A. Auditing
B. Special analysis
C. Reporting
D. Control

Question 17
A useful tool to the project manager, the __________ indicates to a manager when a task or process is becoming unacceptable, typically when the ratio drops below 1.
A. critical ratio
B. control system
C. variance analysis
D. trend projection

Question 18
Software programs such as MSP let you utilize the organization's local area network (LAN) or Intranet, as well as the Internet, to help with project __________ and __________.
A. communication; monitoring
B. monitoring; data collection
C. status; communication
D. resource usage; monitoring

Question 19
When collecting data, a simple tally of the occurrence of an event is called:
A. numeric ratings.
B. raw numbers.
C. frequency counts.
D. verbal characterizations.

Question 20
Which one of the following is NOT one of the three distinct types of reports?
A. Exception
B. Special analysis
C. Routine
D. Analyzing

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Microeconomics: How can plan-monitor-control cycle is best described
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