1.Critical Thinking QuestionsMauricio, a project manager at a reputed firm, has been assigned to handle a new project that the firm has received. This project involves a lot of scheduling that has to be handled by Mauricio.Mauricio estimates that the first module of the project could be completed in as few as 15 days or could take as many as 25 days, but most likely will require 20 days. What is the 20 day estimate called? a.logistical estimate (L) b.worst-case estimate (W) c.best-case estimate (B) d.probable-case estimate (P)2.Project reporting, an activity of a project manager, _____. a.consists of staffing, which includes selecting the project team and assigning specific tasks to team members b.involves the creation of a specific timetable, usually in the form of charts that show tasks, task dependencies, and critical tasks that might delay a project c.includes informing management, users, and the project team about the progress of a project d.includes identifying and arranging project tasks and estimating completion times and costs3.QUESTION 29A _____ must be achieved to fulfill a company’s mission. a.critical success factor b.vision competency c.core competency d.key performance factor

There are several MCQ questions here, so following the rules, the first question should be used for…

Answered: Mauricio estimates that the first…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Critical Thinking Questions

Mauricio, a project manager at a reputed firm, has been assigned to handle a new project that the firm has received. This project involves a lot of scheduling that has to be handled by Mauricio.

Mauricio estimates that the first module of the project could be completed in as few as 15 days or could take as many as 25 days, but most likely will require 20 days. What is the 20 day estimate called?

	a.	logistical estimate (L)
	b.	worst-case estimate (W)
	c.	best-case estimate (B)
	d.	probable-case estimate (P)

Project reporting, an activity of a project manager, _____.

	a.	consists of staffing, which includes selecting the project team and assigning specific tasks to team members
	b.	involves the creation of a specific timetable, usually in the form of charts that show tasks, task dependencies, and critical tasks that might delay a project
	c.	includes informing management, users, and the project team about the progress of a project
	d.	includes identifying and arranging project tasks and estimating completion times and costs

QUESTION 29

A _____ must be achieved to fulfill a company’s mission.

a.
critical success factor

b.
vision competency

c.
core competency

d.
key performance factor

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