| 6. |
Various forecasting methods are used to predict future project performance. Which of these methods use the assumption that it is possible to identify the underlying factors that might influence the variable that is being forecasted? |
| |
a. |
Econometric methods |
| |
b. |
Probabilistic forecasting |
| |
c. |
Time series model |
| |
d. |
Judgmental methods |
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| 7. |
A project manager has scheduled a number of training programs for his team. However, he was aware that apart from planned training, unplanned training also took place in a number of ways. Which of these is not one of the ways in which unplanned training can happen? |
| |
a. |
Classroom |
| |
b. |
Observation |
| |
c. |
Project performance appraisals |
| |
d. |
Conversation |
 |
| 8. |
As part of the procurement process, the procuring organization elected to have an estimate of costs prepared by an outside professional estimator. The estimator came up with an estimate of 500,000. However, the cost estimates prepared by the prospective sellers were in the range of 200,000. How can this be best interpreted? |
| |
a. |
The procurement statement of work was deficient and ambiguous. |
| |
b. |
The professional estimator has inflated the estimate of costs. |
| |
c. |
The prospective sellers do not have the required skills to do the project. |
| |
d. |
Prospective sellers are trying to underbid and win the project. |
 |
| 9. |
A project manager is working on the Perform QA phase of a project. He is looking for an interactive means to improve quality and eliminate activities that do not add value. Which of the following will help him do this? |
| |
a. |
Quality control measurements |
| |
b. |
Quality checklist |
| |
c. |
Continuous process improvement |
| |
d. |
Process improvement plan |
 |
| 10. |
For projects that have a product as a deliverable, it is very effective to perform product analysis. Which of these tools is not a product analysis technique? |
| |
a. |
System breakdown |
| |
b. |
System analysis |
| |
c. |
Systems engineering |
| |
d. |
Requirements analysis |