True or False Flashcards
All the stakeholders are identified during project initiation. True or False?
False. While it’s important to identify the stakeholders at the beginning of the project, stakeholder identification is a continuous process and new stakeholders may be identified anytime during the life of the project.
Configuration Management System is a subset of Change Management System. True or False?
False. Change Management System is a subset of Configuration Management System.
Configuration Management System is a part of the Project Management System. True or False?
True.
Configuration Management Plan is a subsidiary of the Project Management Plan. True or False?
True.
A project charter is considered to be a contract. True or False.
False, because there is no consideration or money promised or exchanged in its creation.
Before the baselines are established, changes are not required to be formally controlled by the Perform Integrated Change Control process. True or False?
True.
WBS is a communication tool on a project. True or False?
True.
WBS is task-oriented. True or False?
False. WBS is deliverable-oriented.
Change control process is mandatory for every project. True or False.
True. Change is inevitable; therefore, some type of change control process is mandatory for every project.
The Critical Path can have a negative float. True or False?
True. The Critical Path can have a positive, zero or negative float.
Reducing project scope is a drastic but valid schedule compression technique. True or False?
False. Schedule compression, by definition, shortens the project schedule without changing the project scope.
Activity duration estimates include the activity lag as well. True or False?
False. Lags are not included in duration estimates.
Adding contingency reserves to duration estimates is unethical. True or False?
False. Contingency reserves or buffers are extra time added to the duration estimate to account for uncertainty or risk. They are clearly identified in the schedule documentation.
Padding duration estimates is unethical. True or False?
True. Padding is the amount of unreasonable extra time added to the estimate, just to feel confident with the estimate.
A project schedule network diagram is always drawn from left to right. True or False?
True.
Float can be used for resource smoothing. True or False?
False. Float is used for leveling resources.
Management Reserves are NOT part of the Project Cost Baseline. True or False?
True. Project Cost Baseline includes Project Cost Estimates and Contingency Reserves. Project Cost Budget is determined by adding Management Reserves to Project Cost Baseline.
Management Reserves are included as a part of the earned value measurement calculations. True or False?
False.
Management Reserves are not included in the Cost Baseline. True or False?
True. Cost Baseline includes Contingency Reserves, but excludes Management Reserves.
Contingency Reserves are not included in the Cost Baseline. True or False?
False. Cost Baseline includes Contingency Reserves, but excludes Management Reserves.
Net Present Value calculations may be included in the Benefits Management Plan. True or False?
True.
Project Quality Management is concerned with project quality and not product quality. True or False?
False. Project Quality Management is concerned with both project quality and product quality.
Control Charts are used to track repetitive activities like manufacturing lots. They can also be used to track the project management processes. True or False?
True. Control Charts can be used to determine whether project management processes, such as cost and schedule variances, volume, and frequency of scope changes, are in control.
Low quality usually means low grade. True or False?
False.
Low grade usually means low quality. True or False?
False.
Trade-off between Grade and Quality is usually made in favor of Quality. True or False?
False. The project management team manages the trade-off between Grade and Quality based on project requirements.
Quality Metrics are included in the Quality Management Plan. True or False?
False. Quality Metrics are categorized as Project Documents.
Resource Breakdown Structure (RBS) is used for categorizing human resources only. True or False?
False. RBS can contain resource categories other than human resources.
Diversity is an asset for organizations. True or False?
True.
Older workers usually are resistant to change. True or False?
False. This is a common myth about older workers.
Diversity in a project environment should be avoided. True or False?
False. Diversity is an asset and should be embraced.
Communication preferences may vary with age of the person. True or False?
True.
As part of the communications process, the receiver is responsible for confirming that the information is properly understood. True or False?
False. It is sender’s responsibility to confirm that the information is properly understood.
Risks always have a negative impact on the project. True or False?
False. Risks may positively or negatively impact projects.