Engineering Mechanics
Engineering Mechanics
Engineering Mechanics
The process of forecasting or approximating the time and cost of completing project
deliverables is called
A) Budgeting
B) Predicting
C) Estimating
D) Planning
E) Guesstimating
B) Planning horizon
C) Project structure
D) People
E) Organization culture
Top-down estimates are most likely to occur during the ______ phase.
A) Concept
B) Planning
C) Execution
D) Delivery
B) Template
C) Apportion
D) Function point
E) Learning curve
Learning curves are more likely to apply in situations where most of the
costs are
A) Materials
B) Labor
C) Overhead
The approach that begins with a top-down estimate for the project and then
refines estimates as the project is implemented is known as ______ method.
A) Function point
B) Template
C) Learning curve
D) Phase estimating
E) Apportion
The cost to prepare bottom-up estimates will typically run how much more
than the costs to prepare the top-down estimates?
A) About the same
Project costs are typically viewed from all of the following except:
A) Scheduled
B) Sunk
C) Actual
D) Committed
Reasons why estimating time and cost are important include all of the
following except:
A) To schedule work
The bottom-up approach for estimating times and costs that uses costs from
past projects that were similar to the current project is known as:
A) Detailed WBS work package estimates
B) Template method
E) Phase estimating
C) Phase estimating
D) Learning curve
E) Consensus
Design flaws being revealed after the fact, extreme weather conditions, and
accidents occurring are examples of:
A) Hidden interaction costs
B) A line
C) A node
B) Project flow
C) Dependency
Which of the following is provided by a project network but not by the work breakdown structure?
A) Dependencies
B) Sequencing
C) Interrelationships
B) Path
C) Activity
D) Node
E) Milestone
B) Path
C) Activity
D) Node
E) Milestone
B) Parallel path
C) Activity chain
D) Path
E) Dependent chain
Which of the following is not one of the basic rules to follow when developing project networks?
A) An activity cannot begin until all preceding activities have been completed
C) Conditional statements are allowed but looping statements are not allowed
D) An activity identification number must be larger that that of any preceding activities
B) Burst
C) Predecessor
D) Successor
E) Critical
The forward pass in project network calculations determines the
A) Earliest time's activities can begin
C) Critical path
The amount of time an activity can be delayed and yet not delay the project is termed
A) Total slack
B) Free slack
C) Critical float
D) Float pad
E) Slip pad
B) Hammock activities
C) Critical path
D) Concurrent engineering
E) Forward pass
Typically an activity on a project network represents
A) A single work package
D) A sub-deliverable
E) A cost account
An `uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed.
A) Random chance
B) A disaster
C) Risk
D) Hazard
E) Bad luck
The cost impact of a risk event occurring as a project proceeds through its life cycle tends to
A) Slowly rise
E) Slowly drop
Which of the following is not one of the steps in the risk management process?
A) Risk response development
B) Risk assessment
C) Risk identification
D) Risk tracking
D) Focus on objectives and not on the events that could produce consequences.
B) Murphy's Law
A list of questions that address traditional areas of uncertainty on a project is termed a risk
A) Profile
B) Questionnaire
C) Research
D) Query
E) Checklist
All of the following are included in the risk identification process except
A) Customers
B) Subcontractors
C) Competitors
D) Vendors
The easiest and most commonly used technique for analyzing risks is _____ analysis.
A) Probability
B) Scenario
C) Payback
D) Risk/reward
E) Impact
A risk profile is a list of questions that address traditional areas of uncertainty on a project that answers developed
from:
A) When the event might occur in the project
B) Decision tree
C) PERT simulation
D) PERT
The demolition of the Seattle Kingdome (Snapshot from Practice) is an example of which of the following?
A) Mitigating
B) Retaining
C) Ignoring
D) Transferring
E) Sharing
B) Problematic
Detailing all identified risks, including descriptions, category, and probability of occurring, impact, responses,
contingency plans, owners and current status is called:
A) Management reserves
B) Change control
C) Contingency reserves
D) Risk register
E) Risk profiles
Change management systems are designed to accomplish all of the following except:
A) Track all changes that are to be implemented