In this blog you will find the correct answer of the Coursera quiz Engineering Project Management Risk Quality Team Procurement mixsaver always try to bring the best blogs and best coupon codes
Week- 1
Reflection
1.
Question 1
Think about a project that you worked on where risks were identified. What did you do to mitigate the risks? Now that you’ve been through this module, would you have handled the situation differently? How so?
1 point
What do you think?
|
Yes, I would have handled the situation in a simple way |
Module 1 Quiz
1.
Question 1
The objectives of project risk management are to decrease the likelihood of positive events and increase the probability of negative events. ( ↓ likelihood of + events and ↑ probability of – events)
1 point
- True
- False
2.
Question 2
Which is not a type of Risk Analysis?
1 point
- Cost Risks
- Cost Estimate Contingency
- Schedule Contingency
3.
Question 3
What is a key input to the Risk Management Plan?
1 point
- Project Management Plan
- Stakeholder Register
- Organizational Process Assets
- All of the above
4.
Question 4
When identifying risks, who should you not include in your interviews?
1 point
- Yourself
- Subject Matter Experts
- Risk Managers
5.
Question 5
Which is not a process included in the qualitative analysis used to prioritize risks?
1 point
- Identify the likelihood the event will occur
- Measure the impact of the event
- Create a project rating
- Sort risks in priority ranking based on the severity
6.
Question 6
A likelihood rating of 5 (nearly certain) has what probability of occurring?
1 point
- >90%
- >85%
- >80%
7.
Question 7
Transfer strategies move the risk to _____ who is better equipped to handle it.
1 point
- Your boss
- A third party
- The project manager
8.
Question 8
Which is not one of the four strategies for positive risks or opportunities?
1 point
- Transfer
- Exploit
- Enhance
- Share
9.
Question 9
Monitor Risks include:
1 point
- Risk Reassessment
- Risk Audits
- Reserve Analysis
- All of the above
Peer-graded Assignment: Risk Analysis Assignment
Week- 2
Reflection
1.
Question 1
For your industry, what are the key deliverables? For what parts of those deliverables is it critical to do quality checks and what is the best methodology for checking them?
1 point
What do you think?
|
To ensure a good partner |
Module 2 Quiz
1.
Question 1
Who is responsible for quality?
1 point
All of the below
All members of the team
Ultimate responsibility lies with management
2.
Question 2
Why is quality important to a Project Manager?
1 point
Decreases customer satisfaction
Increases costs
Helps brand
3.
Question 3
What is included in a quality management plan?
1 point
Scope baseline
Schedule baseline
Cost baseline
All of the above
4.
Question 4
Cost quality is a way to compare planned preventive costs with possible corrective costs indicating the total quality cost of a project.
1 point
True
False
5.
Question 5
Which is not included as a cost associated with quality?
1 point
Successes
Prevention
Appraisal
6.
Question 6
How do you identify risks to your project or its quality?
1 point
Use tools to help identify potential risks after they happen
Use tools to help identify potential risks before they happen
Use tools to help identify potential risks while they are happening
7.
Question 7
Quality assurance ensures that there is confidence that the product will meet the agreed upon standards and requirements.
1 point
True
False
8.
Question 8
Process decision program charts help….
1 point
Analyze data within a project
Decompose the project to help identify dependencies
In contingency planning
9.
Question 9
What is used to complete quality controls in order to ensure that you are meeting your agreed upon goals for quality?
1 point
Cost Audit
Risk Audit
Quality Audit
Peer-graded Assignment: Cost of Quality Assignment
Week- 3
Reflection
1.
Question 1
A project Dream Team. What would that look like for you? What type of skills, personalities, and character traits would you want for your team? Tell us about your ideal team!
1 point
What do you think?
|
The team must be best in all terms |
Module 3 Quiz
1.
Question 1
What is an example of an external factor that should be considered while building the team?
1 point
Processes
Policies
Availability
2.
Question 2
Which of these are true regarding Virtual Teams?
1 point
Virtual teams are generally less diverse and have less overall expertise
Virtual teams can save money
Virtual teams are ideal when necessary team members aren’t geographically co-located or available
Communication in virtual teams is easier
3.
Question 3
What does the actual management of the team not include?
1 point
Tracking performance
Providing feedback
Resolving issues
Expecting perfect performance
4.
Question 4
Which of these is the correct order of the stages of team development?
1 point
Forming, Storming, Norming, Performing, Adjourning
Norming, Forming, Storming, Performing, Adjourning
Forming, Storming, Performing, Norming, Adjourning
5.
Question 5
For each unique project, the PM should take into account the following when determining resources suited for the project: diversity, location, industry-specific resources, acquisition of team members, management of the team, and life cycle approaches
1 point
True
False
6.
Question 6
What can you do as the PM to make the team more effective?
1 point
Team-building activities
Team training
Interpersonal communication
All of the above
7.
Question 7
Budget, time, contracts, other projects, etc. are constraints that may impact the project and team.
1 point
True
False
8.
Question 8
What methods should be used to track resources and outcomes of a project?
1 point
Resource Management Plan
Schedule Baseline
Cost Baseline
All of the above
9.
Question 9
Managing the team may be challenging especially when there is conflict or unforeseen challenges facing the team.
1 point
True
False
10.
Question 10
Which is not an output due to effective management?
1 point
Updated documents
Change requests
Leaving internal processes the same
Week- 4
Reflection
1.
Question 1
What are your thoughts on incentive-based contracts? Do you see them being effective in your area of work? When and how would you use them?
1 point
What do you think?
|
I use in some area of work |
Module 4 Quiz
1.
Question 1
Which is a part of the Project Procurement Management Process?
1 point
Initiating and Planning
Executing
Monitoring and Controlling
All of the above
2.
Question 2
The seller of the goods, services, or results will typically treat the procurement event as a(n) _____.
1 point
Event
Project
Transaction
3.
Question 3
Consider buying when:
1 point
The organization has the capability to perform the Work
Suppliers have greater expertise
Its more cost effective to do the work internally
All of the above
4.
Question 4
What is the most commonly used Fixed Price Contract?
1 point
Fixed Price with Economic Price Adjustment
Fixed Price Incentive Fee
Firm Fixed Price Contracts
5.
Question 5
A time and material contract can resemble a fixed fee contract by using what?
1 point
Fixed fee
Unit rate prices
Sliding fee
6.
Question 6
What is included in the Procurement Statement of Work?
1 point
Quality requirements
Performance data
Work locations
All of the above
7.
Question 7
Source Selection Criteria are set as part of the Procurement Plan to rate or score proposals.
1 point
True
False
8.
Question 8
What is included in the Agreement Contents?
1 point
Statement of Work
Payment Terms
Change Request Handling
All of the above
9.
Question 9
Which is a part of a close procurement?
1 point
Procurement Performance Reviews
Payment Systems
Lessons Learned Documentation
Course 3 Final Exam
1.
Question 1
What is project quality management?
1 point
The processes or activities an organization takes to identify quality requirements.
The processes or activities an organization takes to identify quality requirements and how they meet those qualifications or standards fulfilling stakeholder needs.
How an organization meets qualifications or standards in order to fulfill stakeholder needs.
2.
Question 2
Consider buying when…
1 point
The organization has the capability to perform the work.
It’s more cost effective to do the work internally
Suppliers have greater expertise
All of the above
3.
Question 3
How do you identify risks to your project or its quality?
1 point
Use tools to help identify potential risks before they happen.
Use tools to help identify potential risks after they happen.
Use tools to help identify potential risks while they are happening.
4.
Question 4
Which is not a process included in the qualitative analysis used to prioritize risks?
1 point
Identify the likelihood the event will occur
Measure the impact of the event
Sort risks in priority ranking based on the severity
Create a project rating
5.
Question 5
A quality plan that is properly implemented prevents issues and _____ the number of identified problems during final inspection.
1 point
Decreases
Increases
Cancels out
6.
Question 6
The level of risk depends on…
1 point
Likelihood and Severity
Likelihood and Cost
Severity and Cost
7.
Question 7
Which is a part of the Project Procurement Management Process?
1 point
Initiating and Planning
Executing
Monitoring and Controlling
All of the above
8.
Question 8
The objectives of project risk management are to decrease the likelihood of positive events and increase the probability of negative events.
1 point
True
False
9.
Question 9
Transfer strategies move the risk to _____ who is better equipped to handle it.
1 point
Your boss
The project manager
A third party
10.
Question 10
Managing and leading a project means that you must not only manage the execution of the _____, but the management of the _____ as well.
1 point
Project, yourself
Team, yourself
Project, team
11.
Question 11
What is used to complete quality controls in order to ensure that you are meeting your agreed upon goals for quality?
1 point
Cost Audit
Quality Audit
Risk Audit
12.
Question 12
What does the actual management of the team not include?
1 point
Expecting perfect performance
Tracking performance
Providing feedback
Resolving issues
13.
Question 13
Budget, time, contracts, other projects, etc. are constraints that may impact the project and team.
1 point
True
False
14.
Question 14
Which is not an output due to effective management?
1 point
Updated documents
Leaving internal processes the same
Change requests
15.
Question 15
A Risk Management Plan…
1 point
Documents how to conduct the risk management activities.
Aligns the project risk approach with the risk profile of the organization.
Communicates the project risk approach to the stakeholders and helps to gain support.
All of the above
16.
Question 16
A time and material contract can resemble a cost-reimbursable contract by using what?
1 point
Fixed fee
Sliding fee
Unit rate prices
17.
Question 17
What is included in a quality management plan?
1 point
Scope baseline
Schedule baseline
Cost baseline
All of the above
18.
Question 18
Which is a part of a control procurement?
1 point
Acceptance of Final Documentation
Lessons Learned Documentation
Procurement Performance Reviews
19.
Question 19
The seller of the goods, services, or results will typically treat the procurement event as a(n) _____ .
1 point
Project
Event
Transaction
20.
Question 20
Which of these is the correct order of the stages of team development?
1 point
Norming, Forming, Storming, Performing, Adjourning
Forming, Storming, Norming, Performing, Adjourning
Forming, Storming, Performing, Norming, Adjourning
21.
Question 21
What is the most commonly used Fixed Price Contract?
1 point
Firm Fixed Price Contracts
Fixed Price with Economic Price Adjustment
Fixed Price Incentive Fee
22.
Question 22
What is a key input to the Risk Management Plan?
1 point
Project Management Plan
Stakeholder Register
Organizational Process Assets
All of the above
23.
Question 23
What is included in the Procurement Statement of Work?
1 point
Quality requirements
Performance data
Work locations
All of the above
24.
Question 24
What does quality assurance not include?
1 point
Inspection of the process and continuous process improvement
Uses tools to identify whether or not the project is meeting agreed-upon quality standards
Is often overseen by the project manager
25.
Question 25
What can you do as the PM to make the team more effective?
1 point
Team-building Activities
Interpersonal Communication
Team Training
All of the above
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