Page 43 - Project+

37. A. Assumptions are those things we believe to be true for planning purposes.

Options B and D describe risks, while option C describes a constraint. For more
information, please see Chapter 3.

38. D. The task begins on January 20, which is day 1. The team does not work
weekends, so the completion date, based on an eight-hour workday, is January 26.
For more information, please see Chapter 5.

39. D. This question describes a business acquisition. Companies that are acquiring

others have the power and influence to make decisions. A business merger is a
mutually agreeable arrangement where power is shared among the entities. For
more information, please see Chapter 9.

40. B, C. Gantt charts and milestone charts are the most commonly used formats to
display a project schedule. For more information, please see Chapter 5.

41. E. Integration occurs when resources are distributed to other areas of the
organization, and addition occurs when projects evolve into ongoing operations.
Starvation is a project ending caused by resources being cut off from the project.

Extinction occurs when the project work is completed and is accepted by the
stakeholders. For more information, please see Chapter 10.

42. D. This is an example of trust building. As a project manager, you must do what you
say you’ll do and demonstrate the traits stated in the question. For more
information, please see Chapter 6.

43. D. The cost baseline is the approved, expected cost of the project. For more
information, please see Chapter 7.

44. B. Goals and objectives are specific and measurable. Project descriptions describe

the key characteristics of the product, service, or result of the project. These are
characteristics, but the clue in this question is the quantifiable results you’re
looking for at the conclusion of the project. The project description describes the
project as a whole, and milestones describe major deliverables or accomplishments
for the project. For more information, please see Chapter 3.

45. A. Lines of communication describe how many lines of communication exist
between participants. The network communication model is a visual depiction of

the lines of communication. For more information, please see Chapter 8.

46. D. The three-point estimating technique averages the most likely, optimistic, and
pessimistic estimates to determine an overall cost or duration estimate. For more
information, please see Chapter 7.

47. D. Project managers share authority with functional managers in a matrix
organization. For more information, please see Chapter 2.

48. B. Cost estimates do not have a quality factor built into them. They are provided by

team members, and the accuracy of the estimate depends on the estimating
technique used. All the estimates are used as inputs to the budget to come up with

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