Project Management Quiz: Essentials

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Core PM concepts you need to know

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Somnath Acharya

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Project Management Quiz: Essentials


Project Management Quiz: EssentialsVersión en línea Core PM concepts you need to know por Somnath Acharya 1 What is a project? a A fixed-duration, repetitive activity. b A temporary endeavor to create a unique product, service, or result. c A routine, ongoing operation. d A long-term maintenance task. 2 What are the two fundamental characteristics of a project? a Temporary and routine operations. b Permanent and repetitive output. c Temporary and produces a unique output. d Long-term and standard processes. 3 What is a Work Breakdown Structure (WBS)? a A schedule of all tasks with dates. b A hierarchical decomposition of total project scope into smaller components. c A chart of team roles and responsibilities. d A list of project risks. 4 What is a Gantt chart? a A risk assessment table. b A budget tracking tool. c A network diagram showing dependencies. d A bar-chart scheduling tool that displays activities against a time scale. 5 Who is associated with the development of the Gantt chart? a Charles Ganttson b Petri Net c Henry L. Gantt. d Henry Ford 6 What does PERT stand for? a Project Evaluation and Risk Targeting b Performance Evaluation and Resource Timing c Planned Execution and Resource Technique d Program Evaluation and Review Technique. 7 What are the three time estimates used in PERT? a Certain, probable, impossible b Minimum, average, maximum c Early, middle, late d Optimistic, most likely, and pessimistic. 8 What is project crashing? a A schedule-compression technique using extra resources to shorten duration. b Reducing project scope to meet deadlines c Eliminating milestones to save time d Extending the project to gain more resources 9 What is a functional project organization? a A projectized structure with PM authority b A structure where project work is managed within existing functional departments. c A matrix of cross-functional teams d A fully autonomous project entity 10 What is Line of Balance (LOB)? a A scheduling/control technique for repetitive projects to monitor planned production rates. b A method for risk assessment in complex projects c A budgeting technique for one-off projects d A type of network diagram for critical path analysis Feedback 1 Projects are temporary and produce a unique output, as defined in PM sources. Source: BBA Project Management doc. 2 A project is temporary and yields a unique result. Source: BBA Project Management doc. 3 WBS breaks scope into manageable work packages. Source: BBA Project Management doc. 4 Gantt charts visualize timing of activities. Source: BBA Project Management doc. 5 Gantt chart is named after Henry L. Gantt. Source: BBA Project Management doc. 6 PERT is a probabilistic time-estimation method. Source: BBA Project Management doc. 7 The three estimates are optimistic (a), most likely (m), pessimistic (b). Source: BBA Project Management doc. 8 Crashing shortens duration typically at additional cost. Source: BBA Project Management doc. 9 Functional organizations manage by functional units. Source: BBA Project Management doc. 10 LOB is used for repetitive production scheduling. Source: BBA Project Management doc.

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Project Management Quiz: Essentials

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Project Management Quiz: EssentialsVersión en línea

por Somnath Acharya

What is a project?

What are the two fundamental characteristics of a project?

What is a Work Breakdown Structure (WBS)?

What is a Gantt chart?

Who is associated with the development of the Gantt chart?

What does PERT stand for?

What are the three time estimates used in PERT?

What is project crashing?

What is a functional project organization?

What is Line of Balance (LOB)?

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