NPTEL Project Management : Planning, Execution, Evaluation and Control Week 3 Assignment Answers 2024
1. Scott has just been given a project that has a specific completion date. After a discussion with top
management, he finds that while the date is important the cost is more important and a slip in
delivery would be acceptable if required to meet the cost targets. The completion date is best
classified as
a. Constrained
b. Reduced.
c. Accepted.
d. Limited.
e. Optional.
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2. The________________ is used to assist in making project trade-offs among schedule, budget, and performance objectives.
a. Responsibility matrix
b. Work breakdown structure
c. Project priority matrix
Work package
e. Criterion matrix
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3. All of the following are ways the WBS helps in managing projects EXCEPT
a. With cost and time estimates the WBS makes it possible to plan, schedule and budget the project.
b. It provides management with information appropriate to each level.
c. Can be used to define communication channels.
d. Allows the project manager to establish the overall objective of the project.
e. As it is developed, organizational units and individuals can be assigned responsibility of work packages.
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4. What is the lowest level of decomposition in the Work Breakdown Structure called?
a. Work package
b. Deliverable
c. Sub-deliverable
d. Project.
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5.
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6. Which of the following is a good condition for top-down estimating?
a. Cost and time important
b. Fixed price contract
c. Customer wants details
d. Internal, small project
e. Large scale project involving several subcontractors
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7. Which of the following would be the best method for projects where the final product is not
known and the uncertainty is very large?
a. Function point
b. Template
с. Learning curve
d. Phase estimating
e. Apportion
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8. The salary of the project manager would be an example of what type of cost found in a project?
a. Labor
b. Direct
c. Direct project overhead
d. General and administrative overhead
c. Salary
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9.
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10.
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