MGMT404 Week 7 quiz – Perfect Solution – Instant Delivery

Lab Price = $10
Please feel free to send us your queries at: support@iqrajavaid.com

P.S: This is just a study guide. The questions may not appear exactly like this.
The answers are perfect as that is the instructor’s explanation. So please donot copy and get help from it.

Payment methods

Add to Cart

Buy Now

View Cart


Problem Statement

Question 1

(TCO 4) An example of bottom up estimating would be:

• If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same server.

• Senior management has said this project will cost $10,000.

• The consulting company doing the work estimates the work to cost $40,000.

• A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.

Question 2

(TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your CPI is .78. What does this mean to you?

• The project is doing fine. It will be completed on budget.

• The project is slightly under budget. No corrections are needed.

• The project is slightly over budget. Corrections are needed.

• The project is very much over budget. Immediate corrections are needed.

Question 3

(TCO 4) Which of the below is an example of a fixed cost to a project?

• Cost of mortgage on a building needed for the project

• Cost of a day rental van needed for the project

• Cost of labor to support the project

• Cost of electricity needed to operate a machine needed for the project

Question 4

(TCO 7) Which of the following is an example of an informal verbal form of communication?

• A major status meeting with project clients on the project’s progress

• Presentations to senior management on the project status

• Contracts with a client

• A memo from the senior VP of the company

Question 5

(TCO 8) What document provides the project manager with information concerning what department and what individual is to provide HR support to his or her project?

• The WBS

• The OBS

• The RAM

• The RBS

Question 6

(TCO 8) You are the project manager of a large, virtual HR project. You want to improve the functioning of the project team. Which of the techniques below would not likely improve the effectiveness and efficiency of the project team?

• Let team members disappear as needed from the project.

• Create a process to handle conflict.

• Hold face-to-face meetings whenever possible.

• Keep all team members informed and communicating.

Question 7

(TCO 9) Leadership in agile project management focuses on _____. Leadership in traditional project management focuses on _____.

• collaboration; control

• command; creativity

• creativity; collaboration

• control; collaboration

Question 8

(TCO 6) To control your project, you decide to use milestone analysis. Which of the below is not a benefit of using milestone analysis to control a project?

• Milestones help align schedules with vendors.

• Milestones can be used as signals to team members.

• Milestones can motivate the project team.

• Milestones ensure the WBS is followed.

Question 9

(TCO 4) You are preparing a schedule and a budget for a project to develop a new accounting software application for a company.
(a) Explain how you would use the three-point estimating technique for this project (7 points).
(b) Discuss the advantages and disadvantages of three-point estimates for a software project (7 points).
(c) Identify one other estimating technique you might use on this project, and discuss why you selected it. (6 points)

Question 10
(TCO 6) You are comparing two projects. Using the data below, calculate the CV, SV, SPI, and CPI. Second, use the values to provide the status of each project (that is, whether it is ahead of, on, or behind schedule, and whether it is under, on, or over budget).. All values are in dollars.

Project A Project B
EV 695 660
PV 610 975
AC 825 710

Question 11

(TCOs 4 and 6) As the project manager for a project to develop a new video game, describe how you might apply the four steps in the general project control cycle. Provide a specific example for each step.

Question 12

(TCO 8) For a team that you have been part of (either at work, school, or elsewhere), discuss how the team moved through each of the five stages in the five-stage group development model. Describe what happened at each stage.

Question 13

(TCO 9) You have been asked to manage a project using agile methods. The project will take place within a functional organization structure in which each team member will be asked to spend 50% of their time on your project and 50% on their regular duties within their functional department. Discuss the challenges this arrangement will likely create, and how you would address them as the project manager.

Relevant Material
Instructions
* If you want to purchase multiple products then click on “Buy Now” button which will give you ADD TO CART option.Please note that the payment is done through PayPal.
* You can also use 2CO option if you want to purchase through Credit Cards/Paypal but make sure you put the correct billing information otherwise you wont be able to receive any download link.
* Your paypal has to be pre-loaded in order to complete the purchase or otherwise please discuss it with us at support@iqrajavaid.com.
* As soon as the payment is received, download link of the solution will automatically be sent to the address used in selected payment method.
* Please check your junk mails as the download link email might go there and please be patient for the download link email. Sometimes, due to server congestion, you may receive download link with a delay.
* All the contents are compressed in one zip folder.
* In case if you get stuck at any point during the payment process, please immediately contact us at support@iqrajavaid.com and we will fix it with you.
* We try our best to reach back to you on immediate basis. However, please wait for atleast 8 hours for a response from our side. Afterall, we are humans.
* Comments/Feedbacks are truely welcomed and there might be some incentives for you for the next lab/quiz/assignment.
* In case of any query, please donot hesitate to contact us at support@iqrajavaid.com.
* MOST IMPORTANT Please use the tutorials as a guide and they need NOT to be used for any submission. Just take help from the material.
******************************************** Good Luck ***************************************************
Privacy Policy
We take your privacy seriously and will take all measures to protect your personal information.
Any personal information received will only be used to fill your order. We will not sell or redistribute your information to anyone.
Refund Policy
Incase you face any issues with the tutorial, please free to contact us on support@iqrajavaid.com
We will try our best to resolve the issue and if still persists we can discuss for a refund in case its required.
Payment Details
Lab Price = $10
Please feel free to send us your queries at: support@iqrajavaid.com

Payment methods

Add to Cart

Buy Now

View Cart

Leave a Reply