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371. The Statement of Work (SOW) is developed during the _____ cycle.
A. Award
B. Solicitations
C. requirements
D. contractual
E. requisitions
ANS: C
372. Which of the following depreciation methods provides for accelerated depreciation of an asset:
A. Double declining balance.
B. Straight line.
C. Exponential depreciation
D. Double sum of the years digits
E. Double increasing balance
ANS: A
373. A plan has budgeted three weeks of effort for consultants, but the job was done in only two weeks. Calculate the variance:
A. 0.015
B. 0.33
C. 0.75
D. 0.67
E. None of the above.
ANS: B
374. A warranty may not be a remedy for products delivered unfit when _____ .
A. the PM has knowledge of the product, inspected it without relying on the seller's skill
B. the products delivered comply with the plans and specifications of the client
C. the plans and specifications produced by the seller match the completed product.
D. A and B
E. None of the above.
ANS: D
375. Graphical displays of accumulated cost and labor hours, plotted as a function of time, are called:
A. Variance reports
B. S curves
C. Trend analysis
D. Earned value reporting
E. Baseline control
ANS: B
376. Quality control is normally performed by the _____ .
A. QA personnel
B. project team
C. operating personnel
D. project management
E. None of the above.
ANS: C
377. Situations calling for a matrix organization include outside pressure for dual focus, _____ and pressure for high information processing
capability.
A. Pressure for clear accountability
B. Pressure for reduced duplication of effort
C. Pressure for shared resources
D. Pressure for formalized communication
E.
ANS: C
378. The net present value of 0 one year from now at 10% is:
A. 100
B. 120
C. 121
D. 0 less taxes
E. 0 less taxes and interest
ANS: A
379. The receiver filters messages based on all but the following:
A. Language
B. Distance
C. Culture
D. Knowledge
E. Authority/Reputation
ANS: B
380. Going from Level 2 to Level 4 in the work breakdown structure will result in
A. Less estimating accuracy
B. Better control of the project
C. Lower status reporting costs
D. A greater likelihood that something will fall through the cracks
E. None of the above
ANS: E
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