1 Consulting firms typically use which of the following techniques to plan and monitor the engagements of the firm or specific projects?
Materials requirements planning (MRP)
Quantitative layout
CPM/PERT
Qualitative forecasting
2 Which of the following would be the result of subdividing a project?
Tasks
Job orders
Work events
Job categories
3 A work breakdown structure is
a Cost and Performance tracking schedule
a hierarchy of tasks, subtasks, and work packages
a structure that is incompatible with the Critical Path Method
a simple list of the activities making up a project
4 A Responsibility Chart specifically identifies which of the following?
Commitment to quality
Planning the tasks for a project
Customer satisfaction
Level of inventory
5 At the onset, a project originates as which of the following?
A series of milestones
Critical path method (CPM)
A statement of work (SOW
A Gantt chart
6 The vertical axis on a Gantt chart is usually which of the following?
Time
Profit
Activities
Cost
7 Which of the following identifies a key principle of Reengineering?
· Downsize (lay-off) workers and do the same amount of work as before.
· Merge information-processing work into the real work that produces the information.
· Capture information both at the source and where it is interpreted.
· Organize around tasks.
8 An example of a graphic project report utilized within project management is:
Humphrey chart
Equipment and supplies chart
Project proposal
Cost and performance tracking schedule
9 Which project progress technique includes the essential features of a project plan, budgeted cost of work scheduled and budgeted cost of work performed?
Earned value management
Critical path method
Gantt chart
Cost analysis