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Category > Business & Finance Posted 17 Apr 2020 My Price 10.00

BUS 375 Unit 2 Challenge 2 Sophia Course

Unit 2 Challenge 2

Laura was throwing a baby shower for her younger sister at her apartment and was reviewing her budget.

Which of the following items would NOT be paid from the baby shower party budget?

a.)

Hiring a maid service to clean the apartment for the party

b.)

Giving guests candies to take home as party favors

c.)

Providing paper napkins instead of using her cloth napkins

d.)

Using ice from her icemaker

The budget for a dinner party had to be addressed before Hannah began buying supplies for the party.

Which of the following items would be paid from the dinner party budget?

a.)

Running the dishwasher to clean up after the party

b.)

Purchasing place cards for the table

c.)

Using the serving plate she bought last year

d.)

Borrowing two chairs from her co-worker for extra seating

Jack was considering the budget for the retirement party that he was hosting next week.

Which of the following items would be paid from the retirement party budget?

a.)

Hiring a repairman to fix the air conditioner

b.)

Using a tablecloth from a previous party

c.)

Buying disposable cups for the beverages

d.)

Borrowing a table from a neighbor to set food on

Which of the following descriptions relates to reserve estimating?

a.)

Uses real costs to a project and does not allow for any variations

b.)

Uses comparisons to similar projects to guide estimates

c.)

Involves having money to cover project changes

d.)

Involves setting a cost or value for each activity

Which of the following statements regarding budget methods and evaluation is true?

a.)

Reserve Estimating is the final cost value for completing the project.

b.)

The Actual Budgeting method typically includes overhead costs for a project.

c.)

The Roll-Up method ensures project overages can be managed.

d.)

Analogous Estimating is used as a quick start to the budget estimating process.

Which of the following descriptions relates to roll-up estimating?

a.)

Calculates all costs for a project by specifying a value for the lowest level project activities

b.)

Refers to budgets from previous projects that are similar to create estimates for the current project

c.)

Includes only the true costs for completing a project, without providing any options for changes

d.)

Identifies money that should be added to a project budget to manage potential project overages

The computer programmers Frank wanted to hire were unavailable. The only person he could get for this project has no experience with the kind of software that Frank's company uses.

What is the corresponding impact and probability of this risk occurring?

a.)

Low Impact and High Probability

b.)

High Impact and Low Probability

c.)

High Impact and High Probability

d.)

Low impact and Low Probability

Kyle has planned a photo shoot for an outdoor location. The weather forecast predicts a 10% chance of showers in the morning, but sunny skies by lunchtime. The photographer has equipment that can handle rain and light variations.

What is the corresponding impact and probability of this risk occurring?

a.)

Low impact and Medium Probability

b.)

High Impact and High Probability

c.)

Low Impact and Low Probability

d.)

High Impact and Medium Probability

A company is shooting a new advertisement for their website and Gina, the CEO, plays a large part in the ad. The first round of video shoots are scheduled for a month in which Gina has a potential business trip. The schedule for the videographer is tight and he cannot make any changes for that particular month.

What is the corresponding impact and probability of this risk occurring?

a.)

Medium Impact and Medium Probability

b.)

High Impact and High Probability

c.)

Low Impact and High Probability

d.)

High Impact and Medium Probability

Edison Middle School is hosting a carnival to raise money for the yearly field trip to the science museum. A special performance by a famous magician was included on the invites, however, the magician called and said that he will not attend and his friend, a juggler, will come in his place.

The guests will not be as happy with a juggler as with a magician, making this a(n) __________.

a.)

assumption risk

b.)

schedule risk

c.)

resource risk

d.)

deliverable risk

Mike has volunteered to make drinks for guests at this year's spring gala, however, he just remembered that he also needs to pick up his brother from the airport the same day.

No bartender will be available until Mike arrives with his brother, making this a(n) ___________.

a.)

assumption risk

b.)

schedule risk

c.)

deliverable risk

d.)

resource risk

Paula has agreed to make omelets and pancakes at the charity brunch. However, she forgot her pancake maker at home.

Guests will not be able to order any pancakes, making this a(n) __________.

a.)

resource risk

b.)

schedule risk

c.)

deliverable risk

d.)

assumption risk

After completing the Gantt chart, Daniel assigned different levels of responsibility to members of the project team, and to some of the project stakeholders. He noted that the web development team understood that the blog would be edited by another department and the marketing team would provide them with feedback on color choices for the blog web page.

In Daniel's RACI, the website development team is listed as __________ for the blog editing process, and the marketing team is listed as __________ for the blog webpage creation.

a.)

responsible; accountable

b.)

responsible; consulted

c.)

informed; consulted

d.)

informed; accountable

After completing the Gantt chart, Ted assigned different levels of responsibility to members of the project team, and to some of the project stakeholders. For example, he noted that while the marketing team was writing the blog, the web development team was to provide advice on the page layout.

In Ted's RACI, he defines the marketing team as _________ for the blog. Since his responsibility matrix is a part of project _________, Ted must have it approved.

a.)

accountable; management

b.)

consulted; planning

c.)

informed; resourcing

d.)

responsible; governance

After completing the Gantt chart, Katherine assigned different levels of responsibility to members of the project team, and to some of the project stakeholders. She noted that the company CEO wanted final approval on all wardrobe choices for the models, even though the marketing team came up with the vision and design for each clothing shoot.

Katherine's RACI will include the project sponsor and the marketing team. Although the marketing team is _________ for video shoot design elements, the CEO is _________ for the wardrobe selection.

a.)

consulted; responsible

b.)

accountable; responsible

c.)

informed; accountable

d.)

responsible; accountable

A ___________ is a form of communication that facilitates two-way communication and helps stakeholders know who to go to for information about an issue.

a.)

feedback channel

b.)

decision channel

c.)

governance channel

d.)

response channel

A project manager should add key points to the meeting minutes and update the ________ that can be referred to in future meetings.



a.)



RACI chart



b.)



status report



c.)



work breakdown schedule



d.)



communication log



A project manager can note any action items or key points is the __________, a document that is used to communicate the progress of the project over time.



a.)



status report



b.)



project timeline



c.)



feedback channel



d.)



project log



Riley noticed that the status report seemed to be missing a section. It did not detail any issues that could impact the project as it moves forward.

Based on Riley's observation, the status report is missing the __________ section.

a.)

"next steps"

b.)

"current status"

c.)

"risk management"

d.)

"project team members"

Emily noticed that the status report seemed to be missing a section. It did not detail any issues that need to be handled as the project moves forward.

Based on Emily's observation, the status report is missing the __________ section.

a.)

"project team members"

b.)

"next steps"

c.)

"current status"

d.)

"risk management"

Andy noticed that the status report seemed to be missing a section. It did not describe what the team will accomplish between now and the next report.

Based on Andy's observation, the status report is missing the __________ section.

a.)

"current status"

b.)

"risk management"

c.)

"project team members"

d.)

"next steps"

A new platform is being implemented to the Grocery Land's website.

Which of the following elements are likely to be discussed at the project plan approval meeting?

a.)

The impact each risk will have on the budget

b.)

Explain each usability test that will be performed on the website

c.)

Provide details on the programming language used to update the website features

d.)

Provide a high-level overview of the scheduled activities

A new parent-focused website is adding a blog to attract readers.

Which of the following elements are likely to be discussed at the project plan approval meeting?

a.)

The editing guidelines document for the new blog

b.)

A review of the number of days assigned to testing the changes to the website

c.)

Preferred methods for communicating schedule changes

d.)

A list of topics that will be covered each week in the new blog

Taylor Organization is updating its current website by shooting a new introduction video.

Which of the following elements are likely to be discussed at the project plan approval meeting?

a.)

Describe each task performed to create the online videos

b.)

Outside resources that will be procured for the video shoots

c.)

The website design options for how the videos will be included on the website

d.)

The process used by the videographer to edit the videos

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Status NEW Posted 17 Apr 2020 12:04 AM My Price 10.00

BUS----------- 37-----------5 U-----------nit----------- 2 -----------Cha-----------lle-----------nge----------- 2 -----------Sop-----------hia----------- Co-----------urs-----------e-----------

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file 1587085044-BUS 375 Unit 2 Challenge 2 Sophia Course.docx preview (1377 words )

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