Sophia Welcome Practice Milestone for BUS 375 PDF

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Provides the practice questions and answers for the practice sections on the course in Unit1...

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UNIT 1 — PRACTICE MILESTONE 1

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10 questions were answered correctly. 13 questions were answered incorrectly. 1 In which instance should a project manager use an iterative approach for a project?

The project manager needs to control scope through a project plan.

The problem the project is solving is not fully defined.

The phases need to be managed in a specific sequence.

The requirements are not expected to change as the project progresses.

CONCEPT Project Methodologies 2 Select the task that a project manager performs.

Coordinate multiple related projects.

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Create deliverables for a project.

Manage repetitive work functions.

Manage the budget for a project.

CONCEPT Project Management 3 Select the example of a deliverable.

Available resources

Budget for project

User manual

Completion date

CONCEPT Determining Project Outcomes 4 Which of the following factors could contribute to the failure of a project?

The organization funding the project merges with another organization.

The project manager documents some risks that could potentially occur.

The project manager has project management experience but lacks some technical expertise that project team members have.

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The project manager uses the iterative methodology because the project is not well defined.

CONCEPT Project Success & Failure 5 Which statement is true regarding the scope document for a project?

It describes the risks that could impact the project.

It includes the project budget and sponsor information.

It is completely separate from the business case for a project.

It is unrelated to an organization's governance.

CONCEPT Project Scope 6 Which of the following describes a project?

Defined outcomes and deliverables

Continuous, repetitive work activities

Made up of multiple operations

Lacks specific start and end dates

CONCEPT Project Management 7

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Which item occurs first in the project lifecycle?

Select project team members.

Communicate progress to stakeholders.

Develop a project scope document.

Ensure project deliverables are complete.

CONCEPT Project Life Cycle & Processes 8 Which of the following is an example of a people project?

Plan a fundraising project for a community group.

Develop a procedure to improve customer service.

Train staff on a new accounting system.

Create a discussion board for the company website.

CONCEPT Types of Projects 9 The range of skills which will enable the project manager to lead the project effectively include all of the following, EXCEPT __________.

interpersonal skills

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stakeholder experience

communication skills

analytical experience

CONCEPT Project Manager Roles & Responsibilities 10 What should a project manager do after identifying the stakeholders related to a project?

Gather expectations about the project from stakeholders

Estimate the resources needed for the project

Present the requirements to the stakeholders

Assign work segments to project team members

CONCEPT Gathering Stakeholder Expectations: The Process 11 Kristen managed a project to plan a wedding for her close friend, Maya, who was a creative, free spirit and wanted several wedding features that were not the norm. Which of the following are the probability and the related impact of the wedding pictures not turning out the way Maya would want if the photographer Kristen found for the day was only experienced in very traditional wedding photography?

Low risk and high negative impact

Low risk and low high negative impact

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Medium risk and low negative impact

High risk and high negative impact

CONCEPT Identifying Project Risks 12 Which statement is true regarding gates in the project lifecycle?

Each phase has only one gate.

Gates occur at the beginning of each phase.

The project manager makes gate approvals for team members.

Passing a gate requires gaining some type of approval.

CONCEPT Project Life Cycle & Processes 13 Which stakeholder has ultimate decision-making authority for a project?

Project team member

User

Project sponsor

Project manager

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CONCEPT Project Stakeholders 14 Which scope element answers a "What" question when developing the scope document?

Objectives

Business case

Governance

Timeline

CONCEPT Project Scope 15 Which of the following is an expectation that relates to what the stakeholders expect a project to deliver?

Project methodologies

Outcome

Promotion

Procedure

CONCEPT Gathering Stakeholder Expectations: Types of Expectations 16 Select the example of a tangible benefit.

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Increase in customer satisfaction

Positive company image

Improved communication skills

Increase in sales

CONCEPT Defining Project Rationale 17 Which of the following is an example of a resource estimate?

Talent needed to produce a deliverable

Number of weeks to complete a project

Price of supplies to produce a deliverable

Rent and utilities for the work space

CONCEPT Estimating 18 What happens if a problem is found with the scope during the scope approval process?

The problem is addressed in the planning phase.

The project manager is replaced.

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The scope document is reworked.

The stakeholders must be re-interviewed.

CONCEPT Gaining Scope Approval 19 Which of the following is NOT a key responsibility of a project manager?

Assuring all stakeholders remain on board with the project

Securing the project is completed on time

Ensuring that the project stays within budget

Determining the project’s deliverables

CONCEPT Project Manager Roles & Responsibilities 20 If the project sponsor decides to increase the project’s scope, what is likely to occur?

The budget and time frame of the project may remain the same.

The time frame of the project may stay the same, but the budget may increase.

The budget of the project may stay the same, but the time frame may increase.

All of the above could occur.

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CONCEPT Scope, Time, and Cost 21 Which statement is true regarding project risks?

Risks are continuously tracked throughout the project lifecycle.

Risks are evaluated only at the beginning of a project.

Risks affect the budget more than any other project component.

Risks are discussed by the project team but not specifically documented.

CONCEPT Identifying Project Risks 22 If the goal is to obtain ten new clients in the local real estate market through networking and marketing, which SMART goal component below is missing?

Action-oriented

Measurable

Time-phased

Realistic

CONCEPT Writing SMART Goals 23

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Select the item that is described in a business case for a project.

Reason the project is needed

Time frame for project completion

Performance-based outcomes of the project

People interested in the project

CONCEPT Defining Project Rationale

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