BUS 375 Exam 1 Part B 100 points (ASSURED A)
Question 1
4 out of 4 points
Which of the following is NOT one of the recommended guidelines for developing useful
work package estimates?
Selected Answer: d.
Estimates
...
BUS 375 Exam 1 Part B 100 points (ASSURED A)
Question 1
4 out of 4 points
Which of the following is NOT one of the recommended guidelines for developing useful
work package estimates?
Selected Answer: d.
Estimates should include a normal level of contingency
Correct Answer: d.
Estimates should include a normal level of contingency
• Question 2
4 out of 4 points
Janet is forecasting how much money her department needs to support a new project. She
estimates that two people and $25,000 in expenses will cover her needs. Because
management typically insists on reducing forecasts by 20 percent, she increases her estimates
to allow for that reduction. Which of the following factors is illustrated in this situation?
Selected Answer: a.
Padding estimates
Correct Answer: a.
Padding estimates
• Question 3
4 out of 4 points
Ed is looking over the actual results of projects and comparing them to what was estimated.
He notices that the projects that took six months or longer to complete were noticeably more
off the estimates. Which of the following factors is he recognizing?
Selected Answer: b.
Project duration
Correct Answer: b.
Project duration
• Question 4
4 out of 4 points
Refining estimates may be necessary for a number of reasons. For example, resource
shortages, in the form of people, equipment, or materials, can extend original estimates. This
is a good example of
Selected Answer: c.
Normal conditions not applying.
Correct Answer: c.
Normal conditions not applying.
• Question 5
4 out of 4 points
Refining estimates may be necessary for a number of reasons. For example, a manager
getting further into a project and obtaining a better understanding of what needs to be done to
accomplish a project and meet the needs of the customer is an example ofSelected Answer: d.
Changes in project scope.
Correct Answer: d.
Changes in project scope.
• Question 6
4 out of 4 points
Which of the following is NOT true in regard to the level of detail estimates should contain?
Selected
Answer:
b.
Detailed estimates are crucial to project success; therefore, an effort should be
made to make estimates as detailed as possible for all projects
Correct
Answer:
b.
Detailed estimates are crucial to project success; therefore, an effort should be
made to make estimates as detailed as possible for all projects
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