Question 1

Statement: Portions of or even entire work packages might fall under "procurement management."

Accepted Answer

Procurement management involves acquiring goods and services from outside the project team to complete the project. Therefore, entire work packages or portions of them can be procured from external sources if they are necessary for the project's completion.

Question 2

Statement: Procurement management involves selection of the right suppliers, vendors, and contractors.

Accepted Answer

Procurement management indeed involves the selection of the right suppliers, vendors, and contractors to ensure that the procurement of goods and services meets the project's quality, cost, and timing requirements.

Question 3

Statement: Major areas of work that must be procured will be identified in the WBS.

Accepted Answer

The Work Breakdown Structure (WBS) is a tool that breaks down a project into smaller, more manageable components or deliverables, making it easier to identify major areas of work that need to be procured.

Question 4

Statement: The schedule for procured items can be created independently of the project schedule.

Accepted Answer

The schedule for procured items is typically aligned with the project schedule to ensure timely availability of resources and materials necessary for project completion.

Question 5

Scrutinize the chart below to answer questions 1 through 5:
  
1. How many "events" are shown? ______
2. How many "activities" are shown? ______
3. Which activity (if any) is (are) completed? ______
4. As of SD, which activity (if any) is (are) ahead of schedule? ______
5. As of SD, which activity (if any) is (are) behind schedule? ______

Accepted Answer

The answer of Scrutinize the chart below to answer questions...

Question 6

For the next three questions, choose letters of the terms in the following list that best fit the questions.
-Based on the lectures and readings, what are the five essential areas or sections that should be included in every project master plan.

Accepted Answer

The answer of For the next three questions, choose letters...

Question 7

For the next three questions, choose letters of the terms in the following list that best fit the questions.
-In addition to the above five, what are five other topics or areas often covered in the project plan:

Accepted Answer

The answer of For the next three questions, choose letters...

Question 8

For the next three questions, choose letters of the terms in the following list that best fit the questions. 
Where (what section or method) in the project master plan are the following questions addressed (Note, some of these terms might also have applied to the above questions; these can be used again.) .
-What is the project all about; what does the project involve?

Accepted Answer

The SOW (Statement of Work), scope, and requirements section of the project master plan addresses what the project is all about and what it involves.

Question 9

For the next three questions, choose letters of the terms in the following list that best fit the questions. 
Where (what section or method) in the project master plan are the following questions addressed (Note, some of these terms might also have applied to the above questions; these can be used again.) .
-How will the project be done?

Accepted Answer

The Work Breakdown Structure (WBS) or work packages section of the project master plan addresses how the project will be done by breaking down the project into smaller, manageable components or tasks.

Question 10

For the next three questions, choose letters of the terms in the following list that best fit the questions. 
Where (what section or method) in the project master plan are the following questions addressed (Note, some of these terms might also have applied to the above questions; these can be used again.) .
-Who will be involved in or working on the project?

Accepted Answer

The responsibility matrix outlines who will be involved in or working on the project by defining roles and responsibilities.

Question 11

For the next three questions, choose letters of the terms in the following list that best fit the questions. 
Where (what section or method) in the project master plan are the following questions addressed (Note, some of these terms might also have applied to the above questions; these can be used again.) .
-When will the work be done?

Accepted Answer

The project schedule is where details about when the work will be done are addressed, as it outlines the timeline for the project's tasks and milestones.

Question 12

For the next three questions, choose letters of the terms in the following list that best fit the questions. 
Where (what section or method) in the project master plan are the following questions addressed (Note, some of these terms might also have applied to the above questions; these can be used again.) .
-How much will the project cost?

Accepted Answer

The project budget section of the master plan addresses how much the project will cost, detailing the estimated expenses associated with the project's execution.

Quiz 6: Basic Project Planning Techniques

Statement: Portions of or even entire work packages might fall under "procurement management."

Statement: Procurement management involves selection of the right suppliers, vendors, and contractors.

Statement: Major areas of work that must be procured will be identified in the WBS.

Statement: The schedule for procured items can be created independently of the project schedule.

For the next three questions, choose letters of the terms in the following list that best fit the questions. -Based on the lectures and readings, what are the five essential areas or sections that should be included in every project master plan.

For the next three questions, choose letters of the terms in the following list that best fit the questions. -In addition to the above five, what are five other topics or areas often covered in the project plan: