BCS ISEB-PM1 Quiz 6 Topic 8 Questions 26-30

Question: 1

Management by objectives assumes that the team ____________.

ABoth 1) is receptive to an unstructured environment, and 2) possesses a self-fulfillment philosophy

Bpossesses a self-fulfillment philosophy

CAll of the other alternatives apply

Dis receptive to an unstructured environment.

Edoes not require close supervision

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Question: 2

A ________ estimate prepared from layouts, sketches and flowsheets, should be accurate within (-10, +25%).

AParametric

BBottom up.

CBudget

DTop down.

EDefinitive.

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Question: 3

Which of the following is most closely associated with pure risk?

Aprofit and loss

Bpersonnel turnover

Cmarket fluctuations

Dinsurance

EBoth 1) profit and loss and 2) market fluctuations.

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Question: 4

Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, two of which will be introduced together and a third one that will follow within two years. Product number three will be elaborated in more detail closer to the product's release date, while the first two products will be elaborated in great detail now. The scope management plan has just been completed.

Which of the following is true?

AThe WBS template from a previous project, a tool and technique of the Create WBS process, was used to create the WBS for this project. The WBS encompasses the major deliverables for the project.

BOnly the deliverables associated with the work of the project should be listed on the WBS. Since product number three isn't being released until a later date it should not yet be included on the WBS.

CThe WBS encompasses the full scope of work for the project and the technique in the question is called rolling wave planning.

DThe WBS should be created next, and it encompasses the full scope of work for the project. Only the work of the project is listed on the WBS.

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Question: 5

Parametric cost estimating involves _____________.

Ausing a statistical model to estimate costs

Bcalculating the individual estimates of work packages

Cdefining the perimeters of the life-cycle

Dusing the WBS to do bottom up estimates

EBoth 1) using the WBS to do bottom up estimate, and 2) calculating the individual estimates of work packages

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BCS ISEB-PM1 Quiz:6 Topic:8 Questions:26-30