Devry MGMT 404 Week 7 Quiz – 2015

Devry MGMT 404 Week 7 Quiz – 2015
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MGT404 quiz 7
If it cost two dollars today to buy a server, then it will cost three dollars tomorrow to buy the same server.
Senior management has said this project will cost $10,000.
The consulting company doing the work estimates the work to cost $40,000.
A 100-square foot building costs $1100; therefore, a 1000-square foot building should cost $11000.

Question 2. 2.(TCO 6) You are the project manager of a major IT project in Italy. You review your earned value report and you see that your SPI is 1.18. What does this mean to you? (Points : 5)
The project is doing fine. It should be completed 18 months ahead of schedule.
The project is slightly ahead of schedule. No corrections are needed.
The project is slightly behind schedule. Corrections are needed.
The project is very much behind schedule. Immediate corrections are needed.

Question 3. 3.(TCO 4) Which of the below is an example of an indirect cost to a project? (Points : 5)
Servers needed to complete an IT project
A consultant for a construction project
Cranes to support the making of a movie
Administrative services serving two projects
Question 4. 4.(TCO 7) Which of the following is an example of a formal verbal form of communication? (Points : 5)
Meeting notes made at a meeting with the VP of the company
A presentation by the project team to senior management
Contracts with a client that have been reviewed by lawyers
A memo from the senior VP of the company
Question 5. 5.(TCO 8) What document provides the project manager with information concerning what department and what individual is to provide HR support to his or her project? (Points : 5)
The OBS…