< Strayer BUS375 Project Management Final Exam Part 2 > 

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Question 1                                                                                                                                          4 out of 4 points

 

Which of the following generally gets reduced during tradeoffs?

 

Question 2                                                                                                                                          4 out of 4 points

 

 Which of the following is normally not one of the three parameters considered during tradeoffs?

 

 Question 3                                                                                                                                         4 out of 4 points

 

 Assigning high, medium or low to a potential risk is part of:

 

 Question 4                                                                                                                                         4 out of 4 points

 

The probability-impact matrix is a technique used as part of:

 

Question 5                                                                                                                                          4 out of 4 points

 

In which life cycle phase does the project manager have the greatest financial risk? (i.e. amount at state)

 

 Question 6                                                                                                                                         4 out of 4 points

 

Brainstorming, assumption analysis and WBS decomposition are techniques used for:

 

Question 7                                                                                                                                          4 out of 4 points

 

 Risk constitutes a lack of knowledge _____.

 

Question 8                                                                                                                                          4 out of 4 points

 

 Nominal work groups and the Delphi Techniques are used as part of which risk management process?

 

 Question 9                                                                                                                                         4 out of 4 points

 

 The two primary components of a risk are:

 

 Question 10                                                                                                                                      4 out of 4 points

 

Which risk handling mode is a project manager using if he / she throws out one of three designs for a new product?

 

Question 11                                                                                                                                       4 out of 4 points

 

During contract negotiations, the goal of the seller is to:

 

 

 

 

 

 

 

 

 

 

 

Question 12                                                                                                                                       4 out of 4 points

 

Which type of contract has a point of total assumption?

 

Question 13                                                                                                                                       4 out of 4 points

 

 The type of contract where all of the seller’s costs are reimbursed and the seller will also receive a percentage of the profit pool based upon how well the buyer likes the end result is a _____ contract.

 

Question 14                                                                                                                                       4 out of 4 points

 

During contract negotiations, the goal of the buyer is to:

 

 Question 15                                                                                                                                      4 out of 4 points

 

Which of the following contract types has the greatest risk with the seller?

 

Question 16                                                                                                                                       4 out of 4 points

 

 Which of the following is generally not included in a solicitation package?

 

Question 17                                                                                                                                       4 out of 4 points

 

 Bidder conferences are used to:

 

Question 18                                                                                                                                       4 out of 4 points

 

Which of the following contract types has the greatest risk with the buyer?

 

 Question 19                                                                                                                                      4 out of 4 points

 

 The collective term for the formal quality activities and processes is called:

 

Question 20                                                                                                                                       4 out of 4 points

 

Which quality guru was heavily involved with quality control charts?

 

Question 21                                                                                                                                       4 out of 4 points

 

The balance between quality and cost is called:

 

 Question 22                                                                                                                                      4 out of 4 points

 

The plan-do-check-act cycle is attributed to:

 

 

 

 

 

 

 

Question 23                                                                                                                                       4 out of 4 points

 

The fact that random variation is always present in any process is called:

 

Question 24                                                                                                                                       4 out of 4 points

 

Acceptance sampling is a statistical process for evaluating a portion of lot for the purpose of:

 

 Question 25                                                                                                                                      4 out of 4 points

 

 The cause and effect chart is used to _____.

 

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