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531. Line of balance charts are used most frequently in:
A. Engineering
B. Marketing
C. Manufacturing
D. Accounting
E. Contracts and procurement
ANS: C
532. Project tradeoffs are usually made by comparing _____ and constraints.
A. Time, cost, and quality
B. Time, risk, and quality
C. Risk, quality, and manpower availability
D. Cost, quality, and technical performance
E. Cost, quality, and risk
ANS: D
533. Standard "Shewhart" control charts assume that the distribution of sample means is:
A. uniform
B. normal
C. discrete
D. symmetrical
E. B and D only
ANS: E
534. The type of power most infrequently used by the PM is
A. formal authority
B. reward power
C. referent power
D. expert power
E. penalty
ANS: A
535. Which of the following is NOT a characteristic of message filtering?
A. semantics
B. media
C. ethics
D. organizational status
E. reputation
ANS: C
536. Feasibility studies evaluate alternatives in terms of
A. Cost-effectiveness
B. Ease of performance
C. Risk
D. Safety
E. All or part of A through D
ANS: E
537. Present value measures
A. the value to us today of future cash flows.
B. the rate of return on an investment when we take account of cash inflows and outflows
C. the current estimates of our project budget
D. the dollars worth of work accomplished as of today
E. All of the above.
ANS: A
538. The Project Manager has the responsibility of knowing what kind of message to send because his _____ may avoid communications barriers.
A. business interfaces
B. output
C. technical experience
D. priorities
E. training methods
ANS: B
539. The ability to reduce risk is _____ to how far you have progressed through the project life cycle.
A. inversely proportional
B. directly proportional
C. not related
D. the responsibility of the risk executive
E. is directly proportional to the amount at stake.
ANS: A
540. The risk of accepting a lot of poor quality, in acceptance sampling, is referred to as:
A. buyer's risk
B. consumer's risk
C. producer's risk
D. type I error
E. B and D only
ANS: B
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