Management Function: Organizing and Project Estimation

Organizing as a management function involves developing a project schedule and budget.

A Work Breakdown Schedule (WBS) is used to create a project team.

Departmentalization in organizing involves only functional and product-based approaches.

A Phase-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the project scope.

Staffing and leading involves only the process of hiring and training project team members.

A Deliverable-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the phases.

Analogous technique is used when there is no previous similar project.

Bottom-Up estimation technique involves breaking down a budget to get detailed expenses.

Resource allocation is the process of assigning resources to tasks randomly.

Fixed Assets can include Software and Network in an IT project budget.

Top-Down estimation technique involves listing down the expenses to get the overall estimate.

Project schedule estimation can be prepared using only one method.

What is the primary purpose of resource allocation in a project?

Which of the following is a common expenditure item in preparing a budget for an IT project?

What is the main difference between Top-Down and Bottom-Up estimation techniques?

Organizing as a management function involves allocating resources to tasks based on expertise and specialization.

How many methods are used to prepare a project schedule estimation?

A Work Breakdown Schedule (WBS) defines the project scope and goals.

When is the Analogous estimation technique used?

Staffing and leading involves only the process of human resource planning and recruiting.

Project estimation techniques can be used only for budgeting purposes.

Departmentalization in organizing involves only geographic and matrix-based approaches.

Phase-Based Work Breakdown Structure demonstrates the relationship between the project deliverables and the project schedule.

The Bottom-Up estimation technique is used when there is a previous similar project.

Representation is a common expenditure item in preparing a budget for an IT project that includes office supplies and materials.

Resource allocation is the process of identifying and assigning resources randomly to tasks in a project.

The Parametric estimation technique involves breaking down a budget to get detailed expenses.

A detailed schedule is a type of project schedule estimation that is prepared at a high level of granularity.

What is the primary focus of departmentalization in organizing as a management function?

What type of Work Breakdown Structure demonstrates the relationship between the project deliverables and the phases?

What is the process of creating a pool of qualified members of the Project Team involved in?

What is the main objective of organizing as a management function in project management?

What is the purpose of a Work Breakdown Schedule (WBS) in project management?

What are project estimation techniques used for in project management?

Organizing as a management function involves allocating resources to tasks randomly in a project.

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.

The Parametric estimation technique is used when there is a previous similar project.

Staffing and leading involves only the process of human resource planning, recruiting, and selection.

The primary purpose of departmentalization in organizing is to focus on the physical location of project operations.

Project estimation techniques can be used only for budgeting and resource allocation purposes.

Analogous estimation technique is used when there is no previous similar project.

Resource allocation involves assigning resources to tasks randomly in a project.

A bottom-up estimation technique involves breaking a budget to get overall expenses.

Fixed Assets in an IT project budget can include Hardware, Software, and Internet.

Project schedule estimation can only be prepared using a milestone schedule.