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商科quiz代考 Planning and Control

商科quiz代考

Planning and Control

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Over five quarters, revenue generated by Alpha Enterprises was

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Over five quarters, revenue generated by Alpha Enterprises was: 10, 14, 12, 16, 20. Using moving averages for two-quarter time periods, calculate smoothed values for the 2nd, 3rd, 4th, and 5th quarters:

Select one:

  1. a) 12, 13, 14, 18
  2. b) 12, 12, 14, 17
  3. c) 12, 14, 16, 18
  4. d) 12, 14, 16, 20

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The parametric estimating technique is typically used in developing definitive estimates.

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  1. true
  2. false

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Gantt charts can be used to track actual vs. planned schedule performance.

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  1. true
  2. false

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Cost estimates:

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  1. must be accurate to within +/- 5%
  2. distribute project funds according to time lines
  3. are prepared after the budget has been determined
  4. are prepared before the project budget

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‘Earned value’ is a measure of:

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  1. planned cost
  2. planned schedule
  3. actual cost
  4. work performed

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Soft logic means that:

Select one:

  1. task B must follow task A
  2. if task B must follow task A, then task C must also follow task B
  3. task A and task B are carried out concurrently
  4. while task B is depicted as following task A, the dependency relationship is not required

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If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, the schedule performance index (SPI) is:

Select one:

  1. 1.33
  2. 0.83
  3. 0.80
  4. 1.20

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The critical chain approach ties schedules to resource availability.

Select one:

  1. true
  2. false

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Project buffers are placed at:

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  1. the beginning of critical chain activities
  2. the end of critical chain activities
  3. the beginning of project milestones
  4. the end of project milestones

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Both PERT/CPM and the critical chain approaches treat resources as bottlenecks.

Select one:

  1. true
  2. false

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The Theory of Constraints (TOC) was originally developed:

Select one:

  1. by the Navy
  2. by Du Pont
  3. for the service sector
  4. for manufacturing

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If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, cost variance is:

Select one:

  1. -$100
  2. $100
  3. -$200
  4. $200

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Which of the following shows resource allocation over time?

Select one:

  1. resource leveling
  2. resource matrix
  3. S-curve
  4. Resource Gantt chart

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Which of the following approaches is likely to call for multitasking?

Select one:

  1. fast tracking
  2. crashing milestone activities
  3. crashing non-critical activities
  4. configuration management

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Critical chain rejects the value of the traditional precedence diagram method.

Select one:

  1. true
  2. false

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An advantage of the product-oriented WBS is that it:

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  1. provides an excellent view of the whole product
  2. focuses on the schedule of the project
  3. focuses on the cost of the project
  4. is logical, and fairly easy to read

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The S-curve:

Select one:

  1. provides information about cumulative expenditures at a given point in time
  2. is a resource loading chart
  3. is a scheduling tool
  4. tracks achievement of milestones

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From the Critical Chain perspective, it is generally better to schedule work:

Select one:

  1. Concurrently
  2. Sequentially
  3. in a staggered fashion
  4. so that critical tasks can be crashed early

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A man’s weight represents what kind of measure?

Select one:

  1. interval scale data
  2. ordinal scale data
  3. nominal scale date
  4. precise measure

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Typically, feeder buffers are added to resources at:

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  1. the point where a non-critical chain path joins the critical chain
  2. the beginning of the non-critical chain path
  3. the beginning of the critical chain path
  4. in the middle of non-critical chain path

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According to the Critical Chain perspective, when computing task durations you should:

Select one:

  1. estimate the median duration of the tasks
  2. add buffers task by task
  3. select a duration that has a 90% chance of success
  4. make a best estimate, then multiply it by a fudge factor

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Over five quarters, revenue generated by Alpha Enterprises was: 10, 14, 12, 16, 20. Using the exponential smoothing technique, calculate smoothed values for the 2nd, 3rd, 4th, and 5th quarters given that a = 0.5:

Select one:

  1. 12, 13, 14, 18
  2. 12, 12, 14, 17
  3. 12, 14, 16, 18
  4. 12, 14, 16, 20

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A new product faces two pay-off possibilities. It will either make $100 or $120. The probability of making $100 is 0.4, while the probability of making $120 is 0.6. Conduct a Monte Carlo simulation to simulate the new product’s pay-off, using the following random numbers to compute your answer: 83, 28, 82, 36, 91, 9.

Select one:

  1. $110
  2. $112
  3. $114
  4. $115
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In estimation, estimating a current state of affairs is generally easier than estimating a future state.

Select one:

  1. true
  2. false

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If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, what is project cost and schedule status?

Select one:

  1. under budget, behind schedule
  2. over budget, behind schedule
  3. over budget, ahead of schedule
  4. under budget, ahead of schedule

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A basic premise of time-boxed scheduling is that:

Select one:

  1. perfection is the ultimate goal of scheduling
  2. heavy use of scheduling software ensures project success
  3. ‘You can’t have it all’
  4. it is wrong to scale back on technical features during scheduling, since this reduces the quality of the deliverable

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The only time to conduct effective estimation in project management is during pre-project (initiation) phase.

Select one:

  1. true
  2. false

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The bottom level of a WBS is called:

Select one:

  1. work package
  2. cost account
  3. code of accounts
  4. chart of accounts

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If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, the cost performance index (CPI) is:

Select one:

  1. 1.33
  2. 1.00
  3. 0.80
  4. 1.25

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Using either working time or elapsed time to calculate the time it will take to complete a task produces the same results.

Select one:

  1. true
  2. false

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The WBS is useful when:

Select one:

  1. conducting a top-down estimate
  2. conducting a parametric cost estimate
  3. conducting a bottom-up estimate
  4. allocating human resources to tasks

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‘Concrete drying’ is an example of:

Select one:

  1. a working time task
  2. an elapsed time task
  3. a working time and an elapsed time task
  4. hard logic

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Good estimation practice requires that estimates be updated when project tracking efforts indicate that critical path tasks cannot be completed as planned.

Select one:

  1. true
  2. false

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If you want to shorten the length of a project, you must:

Select one:

  1. spend more money
  2. shorten the free float
  3. shorten the critical path
  4. cut back on the features you plan to deliver

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An important function of risk assessment groups (RAGs) is to:

Select one:

  1. provide guidance to the organization on how to manage risk
  2. kill projects that are not going to be successful
  3. conduct Monte Carlo simulations on all projects
  4. develop project cost estimates

Question 36 商科quiz代考

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Multitasking creates harmony among project tasks.

Select one:

  1. true
  2. false

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A problem with time-boxed scheduling is that it requires solid quantitative skills to be able to use it effectively.

Select one:

  1. true
  2. false

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The most accurate way to measure earned value (BCWP) is:

Select one:

  1. employ the 50:50 Rule
  2. employ the 0:100 Rule
  3. track milestone performance
  4. use expert judgment of project team members

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The internal rate of return is a project selection technique that examines at what point cumulative income more than offsets cumulative investment.

Select one:

  1. true
  2. false

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Crashing is used to speed up work and it generally leads to efficient use of resources.

Select one:

  1. true
  2. false

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If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, schedule variance is:

Select one:

  1. -$100
  2. $100
  3. -$200
  4. $200

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Definitive estimates are derived from:

Select one:

  1. Top-down estimates
  2. Expert judgment cost estimates
  3. Bottom-up estimates
  4. Order of magnitude estimates

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TOC states that to fix problems encountered by a system or projects:

Select one:

  1. focus on the Gantt chart
  2. fix problems related to all activities on the critical path
  3. fix the bottlenecks
  4. fix problems related to all activities on both critical and no-critical path

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Prioritization is the foundation of time-boxed scheduling.

Select one:

  1. true
  2. false

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Another name for Gantt chart is precedence diagram.

Select one:

  1. true
  2. false

Question 46 商科quiz代考

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The most valuable tool for tracking schedule performance is:

Select one:

  1. the PERT/CPM network diagram
  2. milestone charts
  3. S-curves
  4. Gantt charts

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According to the TOC, multitasking often results in:

Select one:

  1. increased quality
  2. increased efficiency
  3. decreased requirements for resources
  4. decreased accountability

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The resource planning tool that enables us to identify who we need to carry out what tasks is called:

Select one:

  1. a resource Gantt chart
  2. a resource ogive
  3. a resource matrix ( also called responsibility chart)
  4. a resource loading chart (also called a resource histogram)

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Which of the following can be described as very crude cost estimates?

Select one:

  1. indirect project cost estimation
  2. preliminary estimates
  3. definitive estimates
  4. conceptual estimates

Question 50 商科quiz代考

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If an analysis of cost variance for a given month shows we have spent $10, 00 more than we planned, what conclusion can we make?

Select one:

  1. We are experiencing a cost problem
  2. We don’t have enough information to determine project status for the month
  3. We are saving money
  4. We are slipping our schedule
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