Design Project Cost Management Quiz

Which of the following is a key component of the project scope statement?

Assumptions and constraints

What is the purpose of the work breakdown structure (WBS)?

To break down the project's deliverables into manageable pieces

What should be included in the project scope?

The features and functions of a product or service

Why is it important to define project assumptions and constraints?

To test and validate unknowns Signup and view all the answers

Which of the following is NOT included in project scope management?

Monitoring the work and comparing the actual results with the plan Signup and view all the answers

What is the purpose of the business case document in project scope management?

To link the expected outcome of the project with an organization's strategic objectives Signup and view all the answers

What might be included in the client's needs assessment document?

The desired future condition Signup and view all the answers

Which of the following is NOT included in the architect's business case for pursuing a design commission?

Operating costs Signup and view all the answers

Requirements gathering is a process that requires all of the following EXCEPT:

Technical expertise Signup and view all the answers

Which of the following is a significant risk to any architectural project during the requirements gathering stage?

All of the above Signup and view all the answers

Scope definition in a project primarily involves defining what is and is not included in both the product and the project. Which of the following is NOT an activity of scope definition?

Preparing and presenting reports Signup and view all the answers

Which of the following is NOT a reason for archiving project documents?

To highlight the project's special features Signup and view all the answers

What type of information may inform a firm's master work breakdown structure (WBS)?

Construction cost estimates Signup and view all the answers

What is the purpose of preparing a 'project record' or 'project data sheet' based on project documents and data?

To assist in the preparation of promotional documentation Signup and view all the answers

Which of the following is a benefit of using a Gantt chart for project scheduling?

It provides a visual representation of the project schedule Signup and view all the answers

What is the purpose of crashing in project scheduling?

To compress the schedule duration by applying additional resources to critical path activities Signup and view all the answers

What is the main disadvantage of using crashing in project scheduling?

It increases project costs disproportionately Signup and view all the answers

What is the role of the project architect/project manager in managing the financial resources of a design project?

To review and question the assumptions inherent in the client's budget Signup and view all the answers

Which of the following is a task in the design project cost management process?

Preparing record drawings for the client Signup and view all the answers

What is the purpose of the cost baseline in the design project cost management process?

To track and report resources based on the work breakdown structure (WBS) Signup and view all the answers

What should be done if there are variances between the actual costs and the cost baseline in the design project cost management process?

Make management decisions Signup and view all the answers

What is the purpose of project closeout?

To assess whether the project has achieved its financial and professional objectives Signup and view all the answers

Which of the following is true about project schedules?

Project schedules help monitor progress on tasks until the project is complete. Signup and view all the answers

What is the purpose of a milestone chart in project management?

To communicate executive-level information and frame project schedule constraints. Signup and view all the answers

What is the critical path in project scheduling?

The longest pathway of sequential and parallel activities through a project’s schedule. Signup and view all the answers

Why is a network diagram useful in project management?

To illustrate the relationships between all project activities. Signup and view all the answers