1. A task has a most likely duration of 2 days, an optimistic duration of 1 day
ID: 3908682 • Letter: 1
Question
1. A task has a most likely duration of 2 days, an optimistic duration of 1 day and a pessimistic duration of 3 days. What is the PERT method estimate of the duration of the task?
a.1 day
b.2 days
c.2.5 days
d.1.5 days
2.Earned value measures:
a.Scope
b.Time
c.Cost
d.All of the above
3Project 1 has five bidders. Its value is $300,000, but will cost $40,000 to bid. What is its EMV?
a.$28,000
b.$260,000
c.$32,000
d.insufficient data
4) Project 2 has 100 bidders. Its value is $20,000,000, but will cost $200,000 to bid. What is its EMV?
a.$2,000
b.$20,000
c.$19,800,000
d.insufficient data
5) If he can only bid on one project, a risk-seeking manager will bid on which one?
a) project 1
b) project 2
c) insufficient data
6) A face to face meeting is the best way to:
a) assess commitment
b) build consensus
c) mediate a conflict
d) give complex instructions
e) all the above
7) Insurance is an example of:
a.risk avoidance
b.risk acceptance
c.risk transference
d.risk mitigation
8) An important tool for use in communications planning is ______ _____.
9) Meetings should have:
a) purpose and outcomes
b. agendas
c.time boxes
d.logistical arrangements
e.all the above
9.According to the lecture, most important to the success of the project is:
a.user involvement
b.proper planning
c.clear vision and objectives
d.competent staff
Explanation / Answer
Answer)
2) d) all the above statement
6) e) all of the above statement
7) a) it is the risk avoidance technique as it helps to recover the risk.
Hope this answers is helpful.
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