Final exam 5 October Spring 2017, questions and answers PDF

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Exam Paper 2017 for Project Management (32541) UTS...

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Topic 1 – Introduction to Project Management  Chapter 1 – Getting to Know Project Management  Chapter 2 – Exploring Project Management Knowledge Areas Questions 1. Define the following: a. Project management b. A project c. Operations 2. List four (4) key skills a project manager must possess. 3. Project Management can be summed up by answering several crucial questions. List these questions. 4. How does an organizational structure impact upon project management? 5. What is organizational culture? 6. List and describe the five (5) PM Body of Knowledge (PMBoK) process groups 7. Why can these five (5) process groups also be thought of as a Project Life Cycle? 8. Describe Traditional Project stament 9. Describe Iterative Project Management 10. What is the difference between Traditional Project Management and Iterative Project Management 11. List and describe the PM Body of Knowledge (PMBoK) knowledge areas 12. How does project Integration Management bring the other nine (9) knowledge areas together?

Topic 2 – Conceptualizing and Initialising Projects  Chapter 3 – First Things First Questions

1. Why is it important to build working relationships with project stakeholders? 2. Who do you consider to be the two (2) most important project stakeholders? Why? 3. Why is it important to get organizational commitment prior to starting a project? 4. What is a project goal? 5. Why is gathering requirements a challenge? 6. List and describe three (3) techniques that can be used to help gather requirements. 7. Why it is important to develop specific success criteria for each project? 8. What is the purpose of a Project Charter? 9. Define the following: a. an assumption b. a risk 10. What is project scope? 11. What is the purpose of a scope boundary?

Topic 3 – Project Planning  Chapter 4 – Developing a Project Plan Questions

1. What is a Work Breakdown Structure (WBS)? ** ( THE QUESTION WAS WHAT IS THE PURPOSE OF WBS?) 2. What is a work package? 3. Why is it important to derive a WBS when documenting a project’s scope? 4. Why must a WBS be flexible? 5. List and describe five (5) project estimation techniques? ** ( THE QUESTION WAS describe top-down and bottom-up) 6. What two (2) components do you estimate in a project? 7. List and describe the five (5) steps in a project’s Risk Management Plan

8. Do all risks need a mitigation plan? Why? ** ( THE QUESTION WAS why do we need mitigation plan?) 9. What is the purpose of a project budget? 10. List four (4) cost types that can be used in project budgeting? 11. What is project quality? 12. What role does a Roles and Responsibilities Matrix play in a project? 13. What is the purpose of a project Organizational Matrix? 14. List the three (3) components of a Quality Management Plan? ** ( THE QUESTION WAS list and describe?) 15. Why is a Project Communications Plan required? 16. Describe what is meant by the term Information Distribution 17. List the four (4) steps in the project change management process 18. What is the purpose of change control in a project environment?

Topic 4 – Project Scheduling  Chapter 5 – Building a project Schedule Questions

19. What is an essential component of scheduling tasks? 20. List and describe four (4) types of task dependency 21. What do task dependencies do for project scheduling? 22. Why is resource assignment important when building a schedule? 23. What is a milestone? ** ( THE QUESTION WAS what the difference between milestone and deliverables?) 24. Why is it important to construct a realistic schedule? 25. What is meant by the term ‘the critical path’? 26. What is meant by the phrase ‘a task has slack’?

27. Describe the critical chain method 28. List and describe three (3) techniques that can be used to shorten a project schedule? ** ( THE QUESTION WAS describe one?) 29. In a project what is meant by the phrase ‘ the project baseline’ 30. Why is it important to document the project baseline?

Topic 5 – Project Execution  Chapter 6 – While you run the Project  Chapter 7 – Working with Teams Questions 1. Why would a project manager run a ‘kick-of’ meeting? 2. What is the main purpose of project execution? 3. What steps are involved in procuring resources from outside the company? 4. List and describe three (3) types of Contracts 5. Why is communicating effectively an essential skill when working in a project environment? 6. List the 7 steps to running an effective meeting 7. What is the purpose of a Roles and Responsibilities matrix? 8. From a project managers perspective, list five (5) methods that can be used to strengthen relationships with team members 9. What is one model that describes the typical phases that teams go through? 10. Why is good communication crucial when managing virtual teams? 11. What are three (3) which can help when managing technical teams?

Topic 6 – Monitoring and Control  Chapter 8 – Monitoring and Controlling Progress and Performance  Chapter 9 – Closing a Project Questions

1. Why is it important to gather project data?

2. What is the purpose of project reporting?

3. What is the purpose of change control / change management in a project environment?

4. Why is continual management of communications, change and quality needed in a project?

5. How might you determine if a project is progressing satisfactorily?

6. Why is it important to track project costs / budget?

7. Why is managing scope critical to keeping a project on track?

8. What are some mechanisms a Project Manager can use to get a project ‘ back on track’?

9. When is a project completed?

10. What is the purpose of documenting lessons learned during a project?

11. What is the purpose of a project closeout report?

31. List three (3) important components of project closure. ** ( THE QUESTION WAS list and describe 2?)

Esaay question: Former project manager was using traditional approach The company just finished failure project and lay off the project manager The company hire you as an agile project manager You have meeting with your project team tomorrow Outline: Your concept of project management? What your approach in project manager? What are you going to say for your team?...