QSO 640 MODULE 4 PRE-TEST
docx
keyboard_arrow_up
School
Southern New Hampshire University *
*We aren’t endorsed by this school
Course
640
Subject
Information Systems
Date
Feb 20, 2024
Type
docx
Pages
4
Uploaded by SuperHumanArmadillo3414
Question 1
A practitioner has identified how much her project can vary from its cost baseline before some form of corrective action would be needed. Where would she document this information?
a)
in the work breakdown structure
b)
in the cost management plan
c)
in the time-and-material contract
d)
in the cost-of-quality documents
Feedback:
The correct answer is b. The cost management plan would identify how much cost variance would be allowed before some form of corrective action would have to be implemented.
Question 2
The performance measurement baseline is a graphic representation of the ________ of a project.
a)
earned value
b)
actual cost
c)
planned value
d)
schedule variance
Feedback:
The correct answer is c. The performance measurement baseline
shows the planned value for each point in time on a project.
Question 3
The target budget that a project team hopes to complete a project within is called the ________.
a)
estimate at completion
b)
estimate to complete
c)
to-complete performance index
d)
budget at completion
Feedback:
The correct answer is d. The budget at completion is the target budget that a project team hopes it can complete its project within.
Question 4
Why do teams calculate a to-complete performance index (TCPI)?
a)
to illustrate how often products need to be produced to match customer demand
b)
to forecast how much it will cost to complete an ongoing project without changing the target budget
c)
to numerically assess a project's critical path
d)
to evaluate a company's quality control processes
Feedback:
The correct answer is b. The to-complete performance index indicates the level of cost performance necessary to complete a project without changing the target budget.
Question 5
Costs of quality are typically separated into what two categories?
a)
fixed-price and cost-reimbursable
b)
critical path and non-critical path
c)
conformance and nonconformance
d)
integrative and disjoined
Feedback:
The correct answer is c. Costs of quality can be categorized as conformance costs or nonconformance costs.
Question 6
Keegan is taking a proactive approach to quality management by preventing defects from occurring, rather than waiting to uncover defects and to fix them before they can reach the customer. What quality management approach is he using?
a)
Pareto processing
b)
critical path analysis
c)
quality control
d)
quality assurance
Feedback:
The correct answer is d. Quality assurance is a proactive approach that optimizes processes to prevent defects from ever occurring.
Question 7
What is an affinity diagram?
a)
a tool for sorting data into categories
b)
a chart that shows how much project stakeholders like each other
c)
a matrix that shows the strength of the relationships between
items
d)
an illustration of process results over time
Feedback:
The correct answer is a. An affinity diagram helps to sort data or ideas into categories for further analysis or investigation.
Question 8
What is a procurement statement of work?
a)
a detailed description of procurement items that vendors will use to assess their own capability
b)
a legally binding agreement that links buyers and sellers on a
project
c)
a cost-variance tool for assessing supplier performance
d)
a flowchart that shows delivery dates for all items purchased from suppliers
Feedback:
The correct answer is a. A procurement statement of work describes items that will be purchased or procured from vendors. These descriptions must be detailed enough to allow vendors to determine if they are capable of providing the items requested.
Question 9
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Brooke is developing a set of attributes that potential suppliers must meet before they can be chosen as a project partner. What is she creating?
a)
appraisal costs
b)
a firm fixed-price contract
c)
a stakeholder list
d)
source selection criteria
Feedback:
The correct answer is d. Source selection criteria are those attributes that a supplier must be able to meet (or exceed) before they can be selected for a project.
Question 10
A ________ contract is a type of legally binding agreement where the buyer pays a set amount to the seller, regardless of seller costs.
a)
fixed-price
b)
cost-reimbursable
c)
flexible
d)
time and material
Feedback:
The correct answer is a. A fixed-price contract is a contract type where buyers pay sellers a set amount for goods or services, regardless of the sellers' costs.