45 Questions
Organizing as a management function involves developing a project schedule and budget.
True
A Work Breakdown Schedule (WBS) is used to create a project team.
False
Departmentalization in organizing involves only functional and product-based approaches.
False
A Phase-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the project scope.
False
Staffing and leading involves only the process of hiring and training project team members.
False
A Deliverable-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the phases.
False
Analogous technique is used when there is no previous similar project.
False
Bottom-Up estimation technique involves breaking down a budget to get detailed expenses.
False
Resource allocation is the process of assigning resources to tasks randomly.
False
Fixed Assets can include Software and Network in an IT project budget.
True
Top-Down estimation technique involves listing down the expenses to get the overall estimate.
False
Project schedule estimation can be prepared using only one method.
False
What is the primary purpose of resource allocation in a project?
To strategically assign resources to tasks that enable them to do their best work
Which of the following is a common expenditure item in preparing a budget for an IT project?
Representation
What is the main difference between Top-Down and Bottom-Up estimation techniques?
Top-Down involves listing down expenses, while Bottom-Up involves breaking down a budget
Organizing as a management function involves allocating resources to tasks based on expertise and specialization.
True
How many methods are used to prepare a project schedule estimation?
3 methods
A Work Breakdown Schedule (WBS) defines the project scope and goals.
False
When is the Analogous estimation technique used?
When there is a previous similar project
Staffing and leading involves only the process of human resource planning and recruiting.
False
Project estimation techniques can be used only for budgeting purposes.
False
Departmentalization in organizing involves only geographic and matrix-based approaches.
False
Phase-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the project schedule.
False
The Bottom-Up estimation technique is used when there is a previous similar project.
False
Representation is a common expenditure item in preparing a budget for an IT project that includes office supplies and materials.
False
Resource allocation is the process of identifying and assigning resources randomly to tasks in a project.
False
The Parametric estimation technique involves breaking down a budget to get detailed expenses.
False
A detailed schedule is a type of project schedule estimation that is prepared at a high level of granularity.
True
What is the primary focus of departmentalization in organizing as a management function?
Expertise or specialization
What type of Work Breakdown Structure demonstrates the relationship between the project deliverables and the phases?
Phase-Based
What is the process of creating a pool of qualified members of the Project Team involved in?
Human resource planning, recruiting, selection, hiring, training, performance appraisal, compensation and employee separation
What is the main objective of organizing as a management function in project management?
To create a project team and arrange the work elements concerning budget, resources and schedule
What is the purpose of a Work Breakdown Schedule (WBS) in project management?
To define all the work that needs to be completed in a proper sequence to achieve the project goals and objectives
What are project estimation techniques used for in project management?
Particularly for budget, resources and schedule
Organizing as a management function involves allocating resources to tasks randomly in a project.
False
A Work Breakdown Schedule (WBS) defines the project scope, goals, and objectives, and outlines the work that needs to be completed in a specific sequence.
True
The Parametric estimation technique is used when there is a previous similar project.
False
Staffing and leading involves only the process of human resource planning, recruiting, and selection.
False
The primary purpose of departmentalization in organizing is to focus on the physical location of project operations.
False
Project estimation techniques can be used only for budgeting and resource allocation purposes.
False
Analogous estimation technique is used when there is no previous similar project.
False
Resource allocation involves assigning resources to tasks randomly in a project.
False
A bottom-up estimation technique involves breaking a budget to get overall expenses.
False
Fixed Assets in an IT project budget can include Hardware, Software, and Internet.
True
Project schedule estimation can only be prepared using a milestone schedule.
False
Explore the relationship between organizing as a management function and project estimation. Learn about departmentalization strategies such as functional, product, customer, and geographic approaches.
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