ONES TestCase . Several patients were also referred or deemed ineligible for antimicrobial treatment (3.7%) following consultation. Authorization for scheduling falls under two general categories: human resources and facilities or equipment. Questions: 38 | Attempts: 15684 | Last updated: Mar 22, 2022 Question #27 Topic 1. Design, implement and test complex software applications 2. Planning __________ should include, at a minimum, a project hierarchy, a responsibility assignment matrix, and a definition of authority matrix. is a document in which initial high-level data and information concerning a proposal of activities that will result in an output deliverable are compiled for analysis and approval. Compute Worley's customer margin for University and Memorial. For example, if a hospital buys supplies from Worley that had cost Worley $100 to buy from manufacturers, Worley would charge the hospital$105 to purchase these supplies. Your project has expected cash inflows of $7.8 million in today's dollars. The model should take into account the overall strategic alignment of a potential project so as to ensure the benefits of the completed project built on the business strategy. Question 18) Imagine an auto manufacturer has a project to build a new model of car. A relationship wherein a successor activity cannot finish until a predecessor activity has started. $$ Are there vibrant environmental contemplations? Microsoft AZ-104: Azure Administrator Exam Prep Test. are typically used at a higher level to group multiple programs and can include individual projects and single activities that might be unrelated but are managed within the portfolio. In this phase, activities include review of the project objective, customer specifications, and determination of initial stakeholders. Resources can be underestimated. Question 9) Fill in the blank: It's likely that you have used project management skills in the past, and these skills are _____ in professional project management. The conceptual phase marks the initial efforts taken at the beginning of a project. Why is the implementation of projects important to strategic planning and the project manager? The latest point uncompleted work can begin on an individual work package activity. (a) If you did not already do so, request a table of standardized residuals. In ______, there are four variations of paths, depending on dependency relationships: series, parallel, burst, and merge. Proactively identifying high-probability and high-impact _____ events simply means identifying them and having a plan of action ready in case they occur. network diagram and activity interdependencies. strategic management process. Estimate of total cost to complete activity. The merge activity is not able to begin until all dependent activities reporting to it are completed. $$ Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. All the best! For years, Worley believed that the 5% markup covered its selling and administrative expenses and provided a reasonable profit. Ongoing activity to create product, service or result. A person who provides leadership and direction for the project managers heading the projects within the program. Two processes are used to evaluate work activities for_______; they are called the program evaluation and review technique (PERT) and the critical path method (CPM). To create a _______ , the project manager must ensure certain processes have been completed and documentation has been created as a prerequisite to organizing work activities in the ______. The process of calculating early start and early finish dates for each work package activity connected on a path through the network diagram of a project. \text{Manual order processing (Number of manual orders)} & \text{248.000} & \text{4.000 orders}\\ The _______ is created during the charter process. It is also important to note whether one work activity cannot be started until a previous activity has been completed in this type of detail; if so, that will create ________ requirements. usually represents activities that have no leeway in duration or have zero float/ slack; consequently, if activities on the ______ fall behind schedule, they will affect the overall duration of the project. This situation is called_______. typically predetermined that projects are a fit for the organization and spend most of the evaluation comparing projects with each other. The latest point uncompleted work can finish on an individual work package activity. The perspective of product scope is to put in place boundaries that ensure all the customer expectations of the deliverable have been met as well as control the extent of work performed on the deliverable to protect the supplying organization from overdeveloping a product or service that was not intended. +Hybrid working (3 days on site per week) +You will be put through SC clearance. The calculation for ______ is SLK = LS ES, and for finish is SLK = LF EF. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 5%. Improve customer relations 3. Dynamic and Self-Motivated Project Manager (Prince 2 and ITIL Certified), Test Manager, Defect Manager, Change Manager, Environment Co-Ordinator with proven track record of leading and managing End to End delivery phases of projects, right from project kick-off, solution requirements analysis, design, test planning, execution, reporting, deployment and Operations support for large complex . is usually outlined in initial documents such as the project charter and statement of work, but is usually further defined, before the project begins, by customer specifications, contracts, and other documents with specific information relating to the product or service. project. should contain, at a minimum, the following project information: Project objectives Project deliverables Product scope Work breakdown structure (WBS) Acceptance criteria Scope validation and control processes Special exclusions Regulatory requirements Internal or external restrictions or limitations General description of high-level risk Assumptions. Project portfolio management addresses ____ goals of an organization, while project management addresses ____ goals. Sample Papers. $$. -Involves contradictory and paradoxical world of implementation. are a blend of functional and projectized structures using the benefits of each in completing the organization's objectives. Analyzing strengths, weaknesses, opportunities and threats. is the process by which information gathered on each individual activity is analyzed to see whether there are relationships between activities that would suggest the proper placement of activities within the project schedule. one or more activities that cannot start until a prior activity connected in the network has been completed. (Hint: Do not overlook the$30,000 cost of goods sold that Worley incurred serving each hospital.) 4. Provides reports to management, as required. $0 $29.99. Contingency Tables are used to test for association, or dependency, between two or more classifications. Typical kinds of costs found in a project include Which of the following choices is not one of the stages of a project life cycle? Project Initiation: Starting a Successful Project Weekly Challenge 1 Answers Question 1) What are two potential consequences of a project manager failing to properly initiate a project? Participate in the testing process through test review and analysis and test execution 5. \text{Line item picking (Number of line items picked)} & \text{450.000} & \text{450.000 line items}\\ The grouping and managing of projects and programs as a portfolio of investments that contribute to the entire enterprise's success. $$ \end{matrix} It is specifically designed to help them review what they have learned in their first classes on the course as well as help them understand in simpler terms. They also use key resources within these departments on projects that allow the organizations the flexibility to produce deliverables in response to changing market conditions. Link to Project Management MCQs (PDF) is given below. It consists of 10 questions. When you review a job listing, which section offers the most insight when deciding if the role is well-suited for you? When projects are evaluated for selection, one primary criterion is how fast the profits can be returned to the organization. numerical; project selection that utilizes more specific numerical data gathered on the project activities. \textbf{Liabilities} & + & \textbf{Owner's Equity} & = & \textbf{Assets}\\ \hline are hard requirements of the work package activity and cannot be reversed. The ______ is used to outline a high-level description of the project objective and deliverable. All successor activities (B, C, D) can start only when that burst activity (A) has been completed. Examples of more reliable _______ are as follows: Customer specification Project statement of work (SOW) Scope statement Subject matter experts (SME) Organization's database (archived projects and "lessons learned" documents) State and local regulatory documentation. & + & \$147,470& = &\$475,000\\ \hline D) variable cost. $0 $29.99. have a blend of both functional and projectized type structures where the organization may have traditional departments and employees reporting to functional managers, projects are still a large part of the organization's business, and employees spend portions of their time on projects and other parts of their time performing work activities for the functional department. I press the small triangle of the right upper to edit a column. A. Any project work activities that have to be completed before this activity can begin. Determine the amounts payable by the following customers. Which project management responsibility does this represent? Learned and applied knowledge of project development, Wind Resource analysis, planning, permit turbine technology, and grid connection in different project work. 100% Off Coupons; This tool also incorporates letter designations for identifying roles and responsibilities at each point on the project, but includes consulting and reporting roles as well. <br><br> . __are unique, have a start and stop, and employ a single objective. Acquisition B. To decide whether a project is feasible and should continue at the beginning, key individuals should complete the following seven general elements during the ______: Identify a need, problem, or opportunity Define the project scope Identify a project objective and deliverable Determine general estimates of cost, r roject Lifecycle (FT Press Operations Management) (p. 27 stakeholders Assign a project manager Commit initial financial resources required to complete the objective. A relationship wherein a successor activity cannot start until a predecessor activity has finished. ______ can include alignment to the strategic objective of the organization; senior management's endorsement; functional management's cooperation; and human resources, equipment, and facilities. Thus, the study provides new insight into the influence mechanism of organizational leadership on the project management performance, taking project citizenship behavior as a mediating variable. The discount rate that results in an NPV of zero for a project. Connections between activities use arrows to identify predecessor and successor relationships. This work package activity has been identified to have two or more immediate successor activities flowing away from it. _______ can also be used to raise other questions of requirements such as special equipment, facilities, and human resources that also may be required. Developing a plan to manage the _____ also includes developing processes that control and validate information used in developing the project schedule. task. The selection model should require a review of the organization's capabilities, level of technology, and general fit in the current business portfolios of projects. _______ relies heavily on correctly identifying the relationships and dependencies of all activities included on the network diagram. answer Project Management Question 3 20 seconds Q. B. descriptive; grading that is used when little or no actual numerical values have been gathered on project details and decisions have to be made based on more subjective general descriptions. Approximately what percentage of the world's gross domestic product is spent on projects? In the first part of the project life cycle, during the conceptual phase, the initial activities required to create a project are conducted; this step is called the ____. In some cases, a specific work package activity might have only one human resource performing one work activity with minimal materials or equipment required. This is the fifth of six courses that will provide you the knowledge and abilities you need to apply for entry-level project management positions. -Consists of the formal, disciplined, purely logical parts of the process. Ex. When an organization has a change control process, an individual or team identified in the change control process must correctly analyze all information and authorize changes accordingly. True False Correct Job description Job location Job salary Job benefits Q2. Question #64 Topic 1. If customers submit documents with specific definitions of product or service deliverables, they can be a great resource of very detailed information that can be used in requirements collection. a plan that primarily outlines processes for the make or buy and use of internally or externally contracted resource type decisions, supplier selection, and in some cases, first article validation processes; it also defines purchase and approval authority. An optimal way recognized by industry to achieve a stated goal or objective. We apologise for any inconvenience this may cause. +60,000 - 70,000 p/a. Depending on the information and communication structure of a project, some change requests may be informally introduced; because they are not controlled, they result in extra work activity that may or may not be approved. Initiating, planning, monitoring and controlling and closing. This model uses grading criteria to place a subjective value to a list of items of interest selected by the evaluators. C. A project manager, project team, stakeholders D. Contract and SLA. <br/>A total of 35.7% (2,409/6,751) of . -Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. The return available by investing the capital elsewhere. A roadmap measures time against the amount of work completed and remaining; a Gantt chart is useful for large projects with many dependencies. Project Management The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. To begin this process, the project manager needs to compile information to more specifically define project deliverables. These activities (A, B, C, D) typically have no other dependency requirements, and no other activities are attached to them. The company broke its selling and administrative expenses into five activities as shown below:
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