1.

A project budget is:

Select one:
a. An expression of organizational policy
b. A plan for allocating resources
c. A means of assigning costs to the product
d. Only b and c
2. A requirement of top-down budgeting is:
Select one:
a. Involvement of the project team
b. Estimating the detailed level of the projects tasks.
c. Applying learning curves to the labor time estimates.
d. None of the above
3. PERT is originally used for what type of the project?
https://quizlet.com/100138639/project-management-exam-2-flash-cards/
Select one:
a. Construction
b. R & D
c. Military
d. Computer software development
4. Sources of risk on a project include:
Select one:
a. Acts of nature
b. The client
c. Senior management
d. Only a and b
5. Technical dependencies on a project plan are easiest to see on a:
https://quizlet.com/100138639/project-management-exam-2-flash-cards/
Select one:
a. Gantt chart
b. GERT chart
c. PERT/CPM chart
d. Work Breakdown Structure .

6. The primary purpose of creating a work Breakdown Structure is to:

https://quizlet.com/45644799/ist-multiple-choice-flash-cards/
Select one:
a. Make sure the important tasks are not overlooked.
b. Enable all the team members to understand what others are working on.
c. Assign budget number to tasks.
d. Identify important precedence relationships.
7. The process of managing the way different groups work together on a project is called:
https://quizlet.com/100138639/project-management-exam-2-flash-cards/
Select one:
a. Concurrent Engineering
b. Integration Management
c. Interface Coordination
d. Transdisciplinary Engineering
8. The project charter is:
Select one:
a. The projects mission statement.
b. A Signed document of agreement on project plan.
c. The project teams contract to work on the project.
d. The project plan not subject to further change.
9. The project manager should get approval on the steps to complete a task from:
Select one:
a. The functional manager of the people assigned to do the work.
b. Top management.
c. The PMs supervisor.
d. All of the above.
10. The purpose of resource leveling is to:
Select one:
a. Allow for scarce resources to be assigned to a task
b. Ensure smooth demands for resources
c. Ensure no overtime will be needed

d. Preserve a particularly valuable resource

11. What is a milestone? https://quizlet.com/100138639/project-management-exam-2-flashcards/

Select one:
a. A significant event in the project
b. A mark on the project that depicts project progress
c. An activity in the critical path
d. An activity with an uncertain completion time
12. When planning a project one must take into account:
Select one:
a. Strategic plan and objectives of the firm.
b. Any foreseeable constraints or difficulties.
c. Any special training needs of the resources.
d. All of the above.
13. Which of the following is not an element of the Gantt Chart?
https://quizlet.com/100138639/project-management-exam-2-flash-cards/
Select one:
a. Actual progress
b. Variance of the critical path
c. The current date
d. Scheduled milestones
14. Which of the following is used to highlight interfaces between department and units?
Select one:
a. Work Breakdown Structure.
b. Linear responsibility Chart.
c. Project Action Plan.
d. Project Resource Diagram.
15. Why is it necessary to consider the learning curve of the resource for a project?
https://quizlet.com/45644799/ist-multiple-choice-flash-cards/
Select one:
a. To estimate labor costs properly.

b. To improve the project team morale.

c. Because it always takes less time to do a task after someone has done it a few times.
d. Collective bargaining contracts require it