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- Achieving strategic goals
A) Reductive projects
- In addition to the Agile Manifesto, the group of 17 also developed a list of 12 Agile Principles that support the values articulated in the Agile Manifesto. Which of the following is not one of those 12 principles?
A) Complex problems require complex solutions.
- In addition to the Agile Manifesto, the group of 17 also developed a list of 12 Agile Principles that support the values articulated in the Agile Manifesto. Which of the following is not one of those 12 principles?
A) The budget is our highest priority.
- While there are a number of different Agile approaches, they are all based on the Agile Manifesto and the 12 Principles and they all share the following general characteristics except for which one?
A) Time-to-completion is the most important aspect of managing the project.
- Which of the following is not a trend in project management?
A) Reductive projects
- Which of the following is an example of win-win negotiation?
A) Agreeing to share resources for the benefit of all involved in different projects
- Searching for the third alternative is most closely associated with
A) win-win negotiation
- Which of the following is not one of the values from the Manifesto for Agile Software Development?
A) Finishing on time over keeping within the budget
- Which of the following is an example of win-lose negotiation?
A) Buying a car from a second-hand car dealership at the asking price.
- Which of the following is not related to the three goals of a project?
A) Data
- When you negotiate the purchase of a new car, you are usually engaged in what type of negotiation?
A) Win-lose negotiation
- Which of the following criteria can be included in scoring models for selecting projects?
A) All of the above can be included
- Alchemax Inc. is looking to undertake a project that has an initial fixed investment of $200,000. It is expected to return a net cash inflow of $50,000 each year. The payback period for this project will be _____ years.
A) 4
- “Blue Sky” projects are…
A) R & D projects
- A matrix that illustrates the magnitude of both product and process changes resulting from a project is called…
A) the aggregate project plan
- These projects are “blue‐sky,” visionary endeavors, oriented toward using newly developed technologies or existing technologies in a new manner.
A) R&D project
- The ________________________ attempts to link the organization’s projects directly to the goals and strategy of the organization.
A) Project portfolio process
- If the initial investment is a project is $100,000 and the expected annual net profit for the project is $20,000, the payback period is:
A) 5 years
- Omicore Softworks, a software development firm, undertook a project that involved developing a bespoke accounting software for a firm. The project initiated with the project manager spending some time to identify the correct resources. Once this was done, the process of writing the program began. Most of the time was spent on debugging and ensuring that the software worked to the client’s specification. The project in this scenario has a(n) _____.
A) J-shaped life cycle
- The performance of a project is assessed based on three criteria known as the “triple constraints.” Which of the following is not one of those constraints?
A) Efficiency
- With scrum, the project work is completed in sprints that typically last how long?
A) One to two weeks
- Which of the following is a numeric project selection method?
A) Payback period
- Rebus Inc., a game development company, had gained critical success with its video game Authority Online a year ago. The game’s publisher wanted Rebus to undertake a project to revitalize the game’s sales by updating the graphics and releasing it for a new platform. This type of project is an example of a(n) _____.
A) derivative project
- Restrum Corp. is a company that delivers lunch to working professionals through delivery drivers. It has recently undertaken a project that will allow it to use drones to deliver meals to its customers. Restrum’s new project can be categorized as a(n) _____.
A) breakthrough project
- The planned outputs of these projects represent major departures from existing offerings in terms of the product/service either itself or the process used to make and deliver it, or both
A) Platform project
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