1.
________________can be referred to identify risks in the Project.
Correct Answer
B. Organization Risk Database
Explanation
An organization risk database can be referred to identify risks in the project. This database contains information about past projects, their risks, and the mitigation strategies used. By referring to this database, project managers can identify potential risks that may arise during the project and develop appropriate strategies to mitigate them. This helps in ensuring that the project is well-prepared for any potential risks and can minimize their impact on the project's success.
2.
SoW stands for
Correct Answer
D. Statement of Work
Explanation
SoW stands for Statement of Work, which is a document that outlines the specific tasks, deliverables, and timeline for a project. It provides a clear and detailed description of the work to be performed, including the objectives, requirements, and expectations. The Statement of Work serves as a contract between the client and the contractor, ensuring that both parties have a shared understanding of the project scope and deliverables. It helps to prevent misunderstandings and disputes by clearly defining the project's goals and requirements.
3.
If a risk has occured, what comes into play?
Correct Answer
B. Invoke Contingency Plan
Explanation
When a risk has occurred, the contingency plan is invoked. A contingency plan is a predefined set of actions that are put into motion to address and mitigate the impact of a risk event. It outlines the steps to be taken in order to minimize the negative consequences of the risk and ensure business continuity. Therefore, in the given scenario, invoking the contingency plan is the appropriate response to deal with the occurred risk.
4.
Risks can be broadly classified into
Correct Answer
D. All of the above
Explanation
The given question asks about the broad classification of risks. The options provided include cost & schedule, technology & people, and hardware & software. Each of these options represents a different aspect of risk. Cost & schedule refers to the potential risks associated with the project's budget and timeline. Technology & people represent the risks related to the use of technology and the involvement of individuals in the project. Hardware & software indicate the risks associated with the physical components and software systems used in the project. Therefore, all of the options mentioned encompass different types of risks, making "All of the above" the correct answer.
5.
DAR is used for
Correct Answer
A. Evaluation of alternatives
Explanation
DAR, or Decision Analysis and Resolution, is a technique used in project management to evaluate and compare different alternatives. It helps in making informed decisions by considering various factors such as risks, costs, benefits, and constraints associated with each alternative. This process involves identifying and analyzing the available options, assessing their strengths and weaknesses, and selecting the most suitable alternative based on the evaluation criteria. Therefore, DAR is primarily used for the evaluation of alternatives.
6.
Weighted Average,Cost Benefit Analysis & Hypothesis Testing are
Correct Answer
B. Alternative Evaluation Methods
Explanation
The correct answer is "Alternative Evaluation Methods." Weighted Average, Cost Benefit Analysis, and Hypothesis Testing are all methods used to evaluate alternatives and make decisions. Causal Analysis, on the other hand, is a method used to determine cause-and-effect relationships between variables. Therefore, the correct answer is that these methods are alternative evaluation methods.
7.
DAR Process can be applied in
Correct Answer
D. All of the above
Explanation
The DAR (Define, Analyze, Respond) process can be applied in risk management, design, and process improvement. In risk management, the process helps in identifying and analyzing potential risks, developing strategies to mitigate them, and implementing appropriate responses. In design, it aids in defining design objectives, analyzing various design options, and responding with the most suitable solution. In process improvement, the DAR process assists in defining the current process, analyzing its flaws and areas for improvement, and responding with effective changes. Therefore, the correct answer is "All of the above."
8.
DAR Stands for
Correct Answer
C. Decision Analysis & Resolution
Explanation
The correct answer is "Decision Analysis & Resolution." DAR stands for Decision Analysis & Resolution, which is a process used in project management to evaluate alternative solutions and make informed decisions. This process involves analyzing the available options, considering the potential risks and benefits, and selecting the best course of action. It helps in resolving conflicts, making effective decisions, and ensuring that the chosen solution aligns with the project goals and objectives.
9.
Which of the following is the phase of waterfall lifecycle?
Correct Answer
A. Acceptance
Explanation
Acceptance is a phase in the waterfall lifecycle where the software is tested by the end users or stakeholders to ensure that it meets their requirements and expectations. This phase typically involves user acceptance testing (UAT), where the software is evaluated for its functionality, usability, and overall performance. It is an important phase as it allows the stakeholders to provide feedback and approve the software before it is deployed. Bug fixing and optimization are activities that may occur during various phases of the waterfall lifecycle, but they are not specific phases themselves.
10.
A Record is a CI that
Correct Answer
C. Does not require version control
Explanation
A Record is a CI that does not require version control. This means that the Record does not need to undergo any formal changes or revisions. Unlike other CIs that may require version control to track and manage changes, a Record is typically a static piece of information that does not need to be updated or modified over time. Therefore, it does not require version control.
11.
In NHST, Configuration Audit is a part of
Correct Answer
A. PQI
Explanation
Configuration Audit is a part of the Process and Quality Improvement (PQI) in NHST. This audit helps to ensure that the configuration of the system or software being developed or maintained is in compliance with the established standards and requirements. It helps to identify any discrepancies or deviations from the intended configuration and allows for corrective actions to be taken. Therefore, Configuration Audit falls under the PQI category in NHST.
12.
SMR stands for
Correct Answer
D. Senior Management Review
Explanation
SMR stands for Senior Management Review. This term refers to a comprehensive evaluation and analysis of the performance and progress of senior management within an organization. It involves assessing their strategic decision-making, leadership effectiveness, and overall contribution to the company's goals and objectives. The Senior Management Review helps identify areas of improvement, address any issues or challenges, and ensure that the senior management team is aligned with the organization's vision and mission.
13.
Schedule Variance Actual (SVA) is a core metrics for
Correct Answer
C. Enhancement Projects
Explanation
Schedule Variance Actual (SVA) is a core metric used to measure the deviation between the actual progress of a project and the planned schedule. It helps to determine if a project is ahead or behind schedule. In the context of enhancement projects, SVA is particularly important as it allows project managers to assess whether the project is meeting the scheduled deadlines for implementing new features or improvements. By comparing the planned schedule with the actual progress, project managers can identify any delays or accelerations in the project timeline and take appropriate actions to keep the project on track.
14.
SEPG stands for
Correct Answer
B. Software Engineering Process Group
Explanation
SEPG stands for Software Engineering Process Group. This group is responsible for defining, implementing, and maintaining the software engineering processes within an organization. They provide guidance, support, and training to the software development team to ensure that the processes are followed effectively. The SEPG also monitors and evaluates the processes to identify areas of improvement and make necessary adjustments. Overall, the SEPG plays a crucial role in enhancing the software development practices and ensuring high-quality deliverables.