final exam

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St. Clair College *

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MISC

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Management

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Feb 20, 2024

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docx

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3

Uploaded by zikreaarti1998

Q1: Contingency reserves can be allocated at the activity level True False Q3: You are the project manager of a large technology project for your company. This project will span the United States and parts of Europe. There are key stakeholders in all countries represented. As part of your stakeholder analysis you'd like to create a document that captures all of the stakeholders' contact information, assessment information, and classification in the project. What type of document are you creating? A. Stakeholder directory B. Stakeholder management plan C. Stakeholder register D. Stakeholder communications matrix Q4: Henry has been tasked to create a salience model for his project. This model defines three characteristics for project stakeholders. Which one of the following is not one of the three characteristics of the stakeholders mapped in the salience model? A. Power B. Urgency C. Legitimacy D. Influence Q5: Is the effect of uncertainty on the project as a whole, arising from all sources of uncertainty including individual risks, representing the exposure of stakeholders to the implications of variations in project outcome, both positive and negative. A. Risk Assessment B. Degree of risk C. Overall project risk D. Residual risk Q6: The level of risk exposure above which risks are addressed and below which risks may be accepted is called the A. Risk Avoidance
B. Secondary risk C. Risk tolerance D. Risk threshold Q7: Which process determines the risks that may affect the project and documents their characteristics? A. Plan risk responses B. Control risks C. Plan risk management D. Identify risks Q11: A project manager is managing a high-profile, complex organizational project to replace digital archiving of company records. The project has a tight deadlines for completion, along with delivery standards. During a weekly project status review, the project manager learned that a key deliverable was not completed as scheduled because the team member assignment pulled for another department initiative. Who should the project manager meet with to address the issue in this particular situation? A. The president of the company B. The sponsor C. The team members D. The end user of the product to be delivered Q12 : A mobile development company is planning to update one of its existing application. It is the minor update to the functionality of the application, adding only one feature. The development take a week. However, the company is under pressure to release the update as soon as possible to remain competitive. Which risk analysis approach would be more appropriate in this case A. Neither qualitative or quantitative B. Both qualitative and quantitative C. Qualitative D. Quantitative Q:18 what is a milestone ? A. A summary of the project schedule B. A list of project constraints C. A significant point or event in a project, program or portfolio D. documentation of defined activities Q:20 Bradly is a project manager of the Warehouse Remodeling Project for his company. He is in the process of determining which contracts to use in this project. His company is risk-averse so the correct choice of contract is important to Bradley. Of the following contract types, which one requires the seller to assume the risk of cost overruns? A. Cost plus fixed fee B. Cost plus incentive fee C. Lump-sum D. Time and materials
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