Devry Mgmt 404 Week 4 Quiz – Latest

Devry MGMT 404 Week 4 Quiz – Latest

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uestion 1.1. (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) The purpose of a project charter is to (Points : 5)

define the project.

allow for the creation of a WBS.

authorize the project.

define detailed project risks.

Question 3.3. (TCO 2) Which step of the project life cycle defines the project scope? (Points : 5)

Initiation

Planning

Execution

Close out

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 critical path in a project describes which of the following? (Points : 5)

The path containing the most important pieces of work

The longest path in a project

The activities with the highest risk

The activities with the highest cost to the project

Question 6.6. (TCO 3) What values are calculated on the backward pass of a project network? (Points : 5)

Early start; late start

Early start; early finish

Late start; late finish

Early finish; late finish

Question 7.7. (TCO 5) In which process of risk management is the risk register initially created? (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...