BUS 517 FINAL EXAM PART 4Question 1The percent complete index that looks at percent complete in terms of budgeted amounts is calculated by which of the following?AnswerEV/BAC(EV-PV)/BACAC/EAC(EV-AC)/BAC(EV-PV)/EACQuestion 2The earned value of a project is the:AnswerProject cost to date adjusted for project scope changesTotal project cost to dateCost incurred minus the planned costPercent of the original budget that has been earned by actual workQuestion 3The third step in the project control process of the measurement and evaluation of project performance is to:AnswerReview the baseline plan with top managementAnalyze inputs to the control systemCompare the plan against actual performanceMeasure both progress and performanceReview spending with team membersQuestion 4The percent complete index that looks at percent complete in terms of actual amounts is calculated by which of the following?AnswerEV/BAC(EV-PV)/BACAC/EAC(EV-AC)/BAC(EV-PV)/EACQuestion 5The cost variance for a project is calculated by:AnswerEV-ACAC-SVPV-EVCU-EVEU-PVQuestion 6The second step in the project control process of the measurement and evaluation of project performance is to:AnswerReview the baseline plan with top managementAnalyze inputs to control systemCompare plan against actualMeasure progress and performanceReview spending with team membersQuestion 7Implementing closedown includes the following major activities except:AnswerGetting delivery acceptance from the customer.Shutting down resources and releasing to new uses.Closing accounts and seeing all bills are paid.E-mail the project team that the project is complete.Creating a final report.Question 8Items technical in nature and focus on solutions to problems that surfaced would typically appear in the _____ section of the final project report.AnswerAnalysisRecommendationsClassification of projectLessons learnedStrategic objectivesQuestion 9The section of the final project report that new project teams are likely to find most useful is the:AnswerAnalysisRecommendationsClassification of projectLessons learnedStrategic objectivesQuestion 10Releasing the project team typically occurs _________ during the closure phase.AnswerGraduallyRarelyWithout bombastRapidlyAll at onceQuestion 11Project mission and objectives, procedures and systems used, and organization resources used typically appear in the _____ section of the final project report.AnswerAnalysisRecommendationsClassification of projectLessons learnedStrategic objectivesQuestion 12When a project may start with a high priority but see its rank erode or crash during its project life cycle as conditions change this is an example of:AnswerNormalPrematurePerpetualFailed ProjectChanged PriorityQuestion 13If a construction company in Dallas builds a bridge in Houston, the project would be classified asAnswerGlobalOverseasLocalDomesticForeignQuestion 14If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified asAnswerGlobalOverseasLocalDomesticForeignQuestion 15A sense of frustration in not being understood is typical of which of the following stages of culture shock?AnswerHoneymoonGradual adjustmentIrritability and hostilityRepatriationAdaptationQuestion 16McDonald’s is creating a multinational distribution system for all of its foreign and domestic subsidiaries. The project manager is from the corporate headquarters and he manages teams from each of the countries involved. The project would be classified asAnswerGlobalOverseasLocalDomesticForeignQuestion 17Culture is a concept that encompasses all of the following except:AnswerShared normsBeliefsValuesEconomic levelCustomsQuestion 18Which of the following is not contained in the Assessment Matrix Project Site Selection?AnswerPolitical stabilityWorker skill, supplyInfrastructureCulture compatibilityUtilitiesQuestion 19Which of the following is not one of the forms that stress-related culture shock takes?AnswerFatigueSleeplessnessHeadachesHyperactivityQuestion 20The term that is used to reflect how organizations oversee their project management systems is:AnswerProject administrationFiduciary responsibilityManagementOversightProject regulationQuestion 21Which of the following is responsible for the continued support of consistent application of selection criteria, standards, processes, training, and general assistance to project managers and continued improvement and use of best practices?AnswerPortfolio Project ManagementProject Office ManagementProject Management OptimizationProject Priority Matrix ManagementResource Allocation OptimizationQuestion 22The use of an organization-wide project management system tailored to specific needs of the organization is established in which of the following Maturity Model Levels?AnswerAd Hoc Project ManagementFormal Application of Project ManagementInstitutionalization of Project ManagementManagement of Project Management SystemOptimization of Project Management SystemQuestion 23The development of a system for managing multiple projects that are aligned with strategic goals is established in which of the following Maturity Model Levels?AnswerAd Hoc Project ManagementFormal Application of Project ManagementInstitutionalization of Project ManagementManagement of Project Management SystemOptimization of Project Management SystemQuestion 24The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Maturity Model Levels?AnswerAd Hoc Project ManagementFormal Application of Project ManagementInstitutionalization of Project ManagementManagement of Project Management SystemOptimization of Project Management SystemQuestion 25The in-depth review of individual projects at specific phases in the project life cycle is known as:AnswerProject Assessment Checkpoint ReviewsGo/Kill Decision Review MethodologyPhase Gate MethodologyStargate Review MethodologyWe are ready to write this paper for you from scratch.Place an order for this assignment or any other paper with us. 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