devry mgmt404 week 4 quizQuestion 1.1.(TCO 1) Which document is created during the initiation phase of a project? (Points : 5) The scope The project schedule The project charter The project communication planQuestion 2.2.(TCO 1) Projects have specific attributes. Which of the following is not an attribute of a project? (Points : 5) It is an ongoing endeavor. It has a defined objective. It requires resources. It has a defined start and stop.Question 3.3.(TCO 2) Which step of the project life cycle defines all of the project deliverables? (Points : 5) Close out Planning Monitoring and control InitiationQuestion 4.4.(TCO 2) Which statement is an example of a project assumption? (Points : 5) If the parts arrive late, we will not finish on time. We must get permits before we start work. I believe the contracts will be signed by the 15th. The paving of the parking lot will be completed within this project. Question 5.5.(TCO 3) The critical path in a project describes which of the following? (Points : 5) The path containing the most important pieces of work The longest path in a project The activities with the highest risk The activities with the highest cost to the projectQuestion 6.6.(TCO 3) Hammock activities are used to do which of the following? (Points : 5) Ensure critical path work is done on time. Capture lessons learned on two or more activities. Summarize duration and cost information on related activities. Provide information on project slack. Question 7.7.(TCO 5) In which process of risk management is the risk register initially created? (Points : 5) Plan risk management Identify risks Control risks Qualitative risk analysisQuestion 8.8.(TCO 5) Contingency plans are created (Points : 5) to proactively address the risk. to respond to the risk should the risk occur. to gather information on vital risks. to avoid red risks in the project plan .
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Question 1. 1. (TCO 1) Before one can begin writing a
charter, one must consider the most appropriate organization for the project.
You are the project manager for a company that integrates custom data solutions
for large corporate enterprises. This project will span two or three years and
will cost tens of millions of dollars. This is a large, very involved project.
Which of the five organization structures is most suitable? Why? (Points : 20)

Question 2. 2. (TCO 2) You are reaching the end of your
graduate school program and are planning a large party to celebrate your
success! You have rented out the local forest preserve as the venue for your
party. Applying your project management skills, you want to ensure you have
everything planned out and youve asked your family and friends to be a part of
your team to hold this party. At your party, you have made it clear to your
team what you want to have delivered. After all, its your party you can have
whatever you want! Some of the key items you want at your party include

graduation
announcements;
party
invitations;
live
entertainment;
games (for
adults and for children);
food;
beverages;
and
convenience
for all (parking, restroom facilities, etc.).

Part 1: To ensure you have a clear scope for your team,
create a 2-level WBS. Dont forget to include your WBS numbering (15 points).

Part 2: In your WBS, how many work packages have been
created? (5 points) (Points : 20)

Question 3. 3. (TCO 3) Compare and contrast crashing and
fast tracking as a means of schedule compression. (Points : 20)

Question 4. 4. (TCO 5) A firm hosts eCommerce transactions
for other companies. The firm processes credit purchases supporting most major
credit cards and is known as an inexpensive alternative to other larger
competitors. The firm is deploying new security software that is
state-of-the-art for eCommerce. It should increase security while speeding up
transactions because of the new security algorithms.

Part 1: List and discuss the major risk management functions
from a project management perspective for the eCommerce project. (15 points)

Part 2: Describe a positive and negative risk event, the
related consequences, and the risk response plans for the eCommerce project. (5
points)
(Points : 20)

Question 5. 5. (TCO 9) Compare and contrast the development
of a WBS in traditional project management versus development in an agile
environment. (Points : 20)
Page 2Question 1. 1. (TCO 1) Before one can begin writing a
charter, one must consider the most appropriate organization for the project.
You are the project manager for a company that integrates custom data solutions
for large corporate enterprises. This project will span two or three years and
will cost tens of millions of dollars. This is a large, very involved project.
Which of the five organization structures is most suitable? Why? (Points : 20) Question 2. 2. (TCO 2) You are reaching the end of your
graduate school program and are planning a large party to celebrate your
success! You have rented out the local forest preserve as the venue for your
party. Applying your project management skills, you want to ensure you have
everything planned out and youve asked your family and friends to be a part of
your team to hold this party. At your party, you have made it clear to your
team what you want to have delivered. After all, its your party you can have
whatever you want! Some of the key items you want at your party include graduation
announcements; party
invitations; live
entertainment; games (for
adults and for children); food; beverages;
and convenience
for all (parking, restroom facilities, etc.). Part 1: To ensure you have a clear scope for your team,
create a 2-level WBS. Dont forget to include your WBS numbering (15 points).Part 2: In your WBS, how many work packages have been
created? (5 points) (Points : 20) Question 3. 3. (TCO 3) Compare and contrast crashing and
fast tracking as a means of schedule compression. (Points : 20) Question 4. 4. (TCO 5) A firm hosts eCommerce transactions
for other companies. The firm processes credit purchases supporting most major
credit cards and is known as an inexpensive alternative to other larger
competitors. The firm is deploying new security software that is
state-of-the-art for eCommerce. It should increase security while speeding up
transactions because of the new security algorithms.Part 1: List and discuss the major risk management functions
from a project management perspective for the eCommerce project. (15 points)Part 2: Describe a positive and negative risk event, the
related consequences, and the risk response plans for the eCommerce project. (5
points) (Points : 20) Question 5. 5. (TCO 9) Compare and contrast the development
of a WBS in traditional project management versus development in an agile
environment. (Points : 20)