After the network diagram is complete and the project has begun, information about each activity needs to be updated and may result in changes to activity relationships, durations, activity float/ slack, and the critical path, which can result in updates to the overall duration of the project. The project manager and other management staff within the organization also can use information from the ____________ for other analyses, such as the following: Analysis of cash flow for the project Analysis of resource allocations Analysis of potential risk impacts on other activities and the ripple effect that risk can have throughout the project life cycle Recalculations of overall project duration and estimates at completion. one of many kinds of tangible by-product produced during the development of software. A relationship wherein a successor activity cannot finish until a predecessor activity has started. A Non-parametric Test should be used if just one distribution is not Normal out of the two or more gathered. Defining activities results in an enormous amount of information and details that need to be captured and organized to effectively create a project schedule; this task is accomplished through a ________. is an activity that has to be completed before the next logical activity in the network can be started. Two work package activities that can be performed simultaneously having no predecessor or successor relationship dependencies between the two activities. The featured exercises and quizzes will facilitate your vocabulary and process concepts. Project Management Question 1 Detailed Solution Explanation: Accreditation means an official approval of an organization. It is a act of granting approval to an organization by an official review board, after the organization has met specific written requirements or standards. Additional information that is required but not necessarily found in the ______ for an activity might include: Relationship to other activities, Constraints, & Identified risks. Project managers should use the same tools, techniques, and methodologies every day this consistency is key to achieving an optimal outcome. B) opportunity cost Property taxes on a company's factory building would be classified as a(n): D) variable cost. Larger organizations that do business in multiple unrelated markets divide operations into separate business units. & For Mobile User You Just Need To Click On Three dots In Your Browser & You Will Get A "Find" Option There. Questions and Answers. <p>Dear All, </p> <p>I created a test project to test adding columns in a DataListView, not ListView. Estimate of total cost to complete activity. All predecessor activities (A, B, C) have to be completed before the merge activity (D) can begin. can be established as a matter of discretion, deciding which activities should go before or after other activities. \end{array} 2. $$ Expect a timed quiz after each chapter to assess your knowledge base and testing skills. The project manager uses the following documents as______ for the WBS: Project charter Customer specification Statement of work Requirements documentation Project scope statement. If the trinomial cannot be factored , so state. *Find all horizontal and vertical asymptotes. \text{Line item picking (Number of line items picked)} & \text{450.000} & \text{450.000 line items}\\ The SICC Review Course is designed to help prepare you for the certification exam using proven instructional design techniques and interactive learning tools. (Hint: Do not overlook the$30,000 cost of goods sold that Worley incurred serving each hospital.) (a) critical (b) preceding (c) succeeding (d) concurrent View Answer Ques. In this post you will get Quiz Answer Of Fundamentals of Project Planning and Management Fundamentals of Project Planning and Management Offered By "University of Virginia" Enroll Now Use "Ctrl+F" To Find Any Questions Answer. Supporting WM, PP and MM day-to-day issues and change requests. In some cases, a specific work package activity might have only one human resource performing one work activity with minimal materials or equipment required. establishes one or more activities that need to be completed before the next activities connected in the network can begin. program. Dynamic and Self-Motivated Project Manager (Prince 2 and ITIL Certified), Test Manager, Defect Manager, Change Manager, Environment Co-Ordinator with proven track record of leading and managing End to End delivery phases of projects, right from project kick-off, solution requirements analysis, design, test planning, execution, reporting, deployment and Operations support for large complex . What is the most significant characteristic or attribute of an effective project manager? This process starts at the beginning of the network and moves through all paths to the completion of each path. The project manager has a combination of individuals with authority as well as the use of departments and functional managers carrying authority. $0 $19.99. +Chertsey Surrey. The application of knowledge, skills, tools and techniques to meet the project requirements. \text{Number of deliveries} & \text{10} & \text{25}\\ $$ This process is considered to be one of the most critical elements of a project because many aspects of the project are defined at this point. one or more activities that cannot start until a prior activity connected in the network has been completed. are those areas of the organization that produce output such as a product or service that has an associated cost and will be sold at a higher value to create a profit for the organization. A labeling convention needs to be established to display information for each activity on the network. Depending on the information and communication structure of a project, some change requests may be informally introduced; because they are not controlled, they result in extra work activity that may or may not be approved. * Authorization to perform work activity can fall within the tasks of any responsible person overseeing a work activity. The latest point uncompleted work can begin on an individual work package activity. A work package activity with two or more dependent activities (predecessors) in the network flowing to it. In any case, __________ should include, at a minimum, the following: Project management tools used to break down and organize work activities Key people to interview for information Ways to accurately and effectively document information gathered Units of measure used to document the project (that is, hours, weeks, months) Scheduling estimating techniques Scheduling methodologies Tools used to monitor and measure project performance Reporting formats and protocols. Are there constrictions right? \text{Manual order processing (Number of manual orders)} & \text{248.000} & \text{4.000 orders}\\ Project managers should adopt whatever tools, techniques, and methodologies that a specific company prefersthis keeps senior management happy. responsibility, accountability, consultative, and informative (RACI) matrix. Support and maintenance C. Evolution D. Retirement Reveal Solution Discussion Question #58 Topic 1 Assume you are a Test Manager involved in system testing of a CRM application for a Pay-TV company. -Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. __ is the earliest time an activity can begin (a) EFT (b) LST (c) LFT test bank project management: achieving competitive advantage, 4e (pinto) chapter project selection and portfolio management project screening criterion that DismissTry Ask an Expert Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Courses You don't have any courses yet. NodeThe connection point of activities based on dependent relationships with other activities. What does this mean? the length of a project and the value of money at that point in time. Practice all cards. B. A person who provides leadership and direction for the project managers heading the projects within the program. Project Cost Management Principles Quiz With Questions And Answers! What are the two dimensions of the Socio-cultural approach? Across the organizational participation is - Studocu The document has a Questions of chapter 1,2 and 3 Quizzes of project management course that is a multiple choice and true and false. Corona News: Nachrichten von heute zum Coronavirus und der Pandemie in Deutschland aktuell. ___ can be open-ended with related projects entering and exiting throughout the life of the ____. Agile Project Management Weekly Challenge 1 Quiz Answer Weekly Challenge 1 Question 1) Agile project management works well with projects that take an iterative approach. _________ can include special conditions from the customer, availability of suppliers for critical items required, special contracted services, and governmental regulatory conditions that have to be met. This can also include milestones for periodic inspections or customer approval. ________ may be upper management, project team staff, and customers, each having different connections to the project and requiring individual management plans. Job description Job location Job salary Job benefits Q2. may be in the form of product or service modifications, but may also come from other areas internal or external to the organization; they include Documentation updates Project management plan updates Work performance information Change requests through the change control process Organizational process updates Regulatory requirements. is simply the expected profit from a project investment. An optimal way recognized by industry to achieve a stated goal or objective. Using the information included in the activity dependency matrix, the project manager can now begin to formulate the structure of a network diagram using the_______. Within the _____ plan, processes need to be established to manage how to define, validate, and control scope. conceptual, planning, execution, and closure are the four places of what? Better control of financial, physical and human resources 2. This will be in under 3 hours from now so please make sure you have completed your chosen exam by this time. a method for software development that uses new approaches, focusing on close collaboration between programming teams and business experts. \ Because risk contingencies can mean the allocation of financial resources for the purchase of items, a new direction for a work activity, or the possible rescheduling of human resources, authorization for these types of actions should be issued only to individuals who have had a detailed briefing from the project manager on specific risk events and corresponding contingency plans. This process starts at the end of the network diagram and moves backward through all paths to the beginning of the network diagram. Roles of project manager are answer choices Create a project team and organization where none existed before Must decide what and how things should be done instead of simply managing set processes Must meet the challenges of each phase of the project life cycle, and even oversee the dissolution of their operation when the project is completed A succession of single work package activities connected in one single line with equal predecessor and successor relationships. \text{Activity Cost Pool (Activity Measure)} & \text{Total Cost} & \text{Total Activity}\\ ONES TestCase. AT&T, Verizon, and T-Mobile. Six primary areas within organizations can present problems in _________: 1. ________ include all detailed information defining specific requirements to project deliverables. 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