Project Management Exam

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1.

What are some of the key environmental forces that have changed the way projects
are managed? What has been the effect of these forces on the management of
projects? 5%

2. Why is it important to assess the culture of an organization before deciding what


project management structure should be used to complete a project? 5%

3a. What kinds of information are included in a work package? (5%)

3b. How does the WBS differ from the project network? 5%

4. What is a hammock activity and when is it used? 10%

5. Why are accurate estimates critical to effective project management? 10%

6. What are the major differences between managing negative risks and managing
positive risks (opportunities)? 10%

7a. How can outsourcing project work alleviate the three most common problems
associated with multi-project resource scheduling? 5%

7b. What are the advantages and disadvantages of reducing project scope to accelerate
a project? What can be done to reduce the disadvantages? 5%

8a. For the following project,


(a) List all predecessors of task 5.
(b) List all predecessors of task 4.
(c) List all predecessors of the network finish (F). 5%

8b. When activity times are known with certainty, the critical path is defined as the set
of activities on a path from the project’s start event to its finish event that, if delayed, will
delay the completion date of the project. Why must this definition be modified in
situations where the activity times are not known with certainty? Are there dangers
associated with not modifying the definition? 5%

9. Assume you are the project manager for the Tidal 2 software project. You have been
asked to calculate the expected cost for the project. Your company’s database indicates
that developers can handle eight function points each person-month and that the cost
per developer at your firm is $8,200 per month. You and your team of five developers
have come up with the following requirements: (Round your "Estimated duration"
answer to 2 decimal places.) (20%)
Elements Count Complexity

Inputs 26 Low

Outputs 20 Low

Inquiries 20 High

Files 44 Medium

Interfaces 34 High

Calculate the total number of function points, and the estimated cost, and duration of
the Tidal project

10. Why is it important for project managers to resist changes to the project baseline?
Under what conditions would a project manager make changes to a baseline? When
would a project manager not allow changes to a baseline? 10%

Use the formatted APA paper template and provide attribution to all your sources and
list your references at the end.

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