1. (TCO 1) Which step of the project life cycle creates the project charter? (Po

Question

1. (TCO 1) Which step of the project life cycle creates the project charter? (Points : 5)
Initiation
Planning
Monitoring and control
Close out

Question 2.2. (TCO 1) Projects have specific attributes. Which of the following is not an attribute of a project? (Points : 5)
It is an ongoing endeavor.
It has a defined objective.
It requires resources.
It has a defined start and stop.

Question 3.3. (TCO 2) Which step of the project life cycle defines all of the project deliverables? (Points : 5)
Close out
Planning
Monitoring and control
Initiation

Question 4.4. (TCO 2) Which statement is an example of a project deliverable? (Points : 5)
“If the parts arrive late, we will not finish on time.”
“We must get permits before we start work.”
“I believe the contracts will be signed by the 15th.”
“The paving of the parking is lot is major piece of work for this project.”

Question 5.5. (TCO 3) The amount of time an activity can be delayed without impacting the end date of the project is known as what? (Points : 5)
Project risk
Slack
Critical path
Early start

Question 6.6. (TCO 3) Hammock activities are used to do which of the following? (Points : 5)
Ensure critical path work is done on time.
Capture lessons learned on two or more activities.
Summarize duration and cost information on related activities.
Provide information on project slack.

Question 7.7. (TCO 5) In which process of risk management are risks prioritized or ranked? (Points : 5)
Plan risk management
Identify risks
Control risks
Qualitative risk analysis

Question 8.8. (TCO 5) A risk matrix is used in _____ to _____. A risk register is a _____. (Points : 5)
qualitative risk analysis; prioritize risks; list of risks
quantitative risk analysis; identify risks; way to categorize risks
qualitative risk analysis; create risk strategies; way to monitor negative risks
risk identification; simulate project risks; way to categorize risks

Explanation / Answer

1) Initialtion

Initialtion step is first step in project life cycle and it includs identifying sources
and resources and making documentation and also business case validation.
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2) It is an ongoing endeavor

This attribute is not in the list of project

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3) close out

Initiation and planning are initial stages and monotoring and control are mid stages.
So close out operation is done at end that is project deliverable time.

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4)
“If the parts arrive late, we will not finish on time.”
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5)
Slack
It is slack definition
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6)
Ensure critical path work is done on time.

It is scheduling project timings ..

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7)
Qualitative risk analysis

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8)
qualitative risk analysis; prioritize risks; list of risks

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