MGMT 404 MGMT/404 MGMT404 Week 4 Quiz

MGMT 404 MGMT/404 MGMT404 Week 4 Quiz

1. (TCO 1) Which document is created during the initiation phase of a project?

2. (TCO 1) Which document on a project authorizes the project manager to begin work on the project?

3. (TCO 2) Which step of the project life cycle defines all of the project deliverables?

4. (TCO 2) Which statement is an example of a project deliverable?

5. (TCO 3) The longest continuous path of activities from beginning to end on a project describes the

6. (TCO 3) Hammock activities are used to do which of the following?

7. (TCO 5) In which process of risk management is the risk register initially created?

8. (TCO 5) A risk matrix is used to _____. A risk register is a _____.

1. (TCO 1) Compare and contrast the project charter and the project scope as used in project management.

2. (TCO 2) You are reaching the end of your graduate school program and are planning a large party to celebrate your success! You have rented out the local forest preserve as the venue for your party. Applying your project management skills, you want to ensure you have everything planned out and you’ve asked your family and friends to be a part of your team to hold this party. At your party, you have made it clear to your team what you want to have delivered. After all, it’s your party— you can have whatever you want! Some of the key items you want at your party include

· graduation announcements; · party invitations; · live entertainment; · games (for adults and for children); · food; · beverages; and · convenience for all (parking, restroom facilities, etc.).

Part 1: To ensure you have a clear scope for your team, create a 2-level WBS. Don’t forget to include your WBS numbering (15 points).

Part 2: In your WBS, how many work packages have been created? (5 points)

3. (TCO 3) Compare and contrast crashing and scope reduction as means of schedule reduction

4.(TCO 5) A firm stores data for other organizations. The company stores data across many states, providing backup data storage for state, municipal governments, and large corporations. The firm is deploying a new set of storage devices that are faster, denser, and more energy efficient.
Part 1: List and discuss the major risk management functions from a project management perspective for the new data storage project. (15 points)

Part 2: Describe a positive and a negative risk event, the related consequences, and the risk response plan for each of the two risks for the new data storage project. (5 points)

5. (TCO 9) Compare and contrast how a scope is created in traditional project management versus one created in agile project management