BCS ISEB-PM1 Quiz 7 Topic 9 Questions 31-35

Question: 1

Which of the following is not true for a Responsibility Assignment Matrix (RAM)?

ADefines what project member is responsible for each activity

BDefines all people associated with each activity

CDefines responsibilities for each WBS component

DAll of the other alternatives apply

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Question: 2

The positive value of conflict is underestimated. Properly managed, conflict is a valuable tool, particularly when __________.

AA diversion is needed

BConflict may cause a loss of status or position power

CConflictive situations are in their early stages and emotional involvement is low

DConflictive situations are in their late stages and emotional involvement is high

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Question: 3

A summary WBS is usually developed in the ___________.

Aclose-out phase

BAll of the other alternatives apply phases

Cimplementation phase

Dplanning phase

EConceptual phase

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Question: 4

Many companies self-insure against some risk. Problems which can arise from self-insurance include:

Aconfusion of business risks with insurable risks.

BBoth 1) failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company, and 2) confusion of business risks with insurable risks.stiff competition from insurance companies

CAll of the other alternatives apply.

Dfailure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

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Question: 5

Resource reallocation from non-critical to critical activities is an example of which Project Scheduling technique:

ACritical Path Method

BSchedule Compression

CResource Leveling

DWhat if Analysis

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BCS ISEB-PM1 Quiz:7 Topic:9 Questions:31-35