INF 337 Week 4 Quiz | Assignment Help | Ashford University
- ashford university / INF 337
- 04 Nov 2019
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INF 337 Week 4 Quiz | Assignment Help | Ashford University
Week 4 Quiz
Question 1
The value management approach hinges on three key
principals: Which one below is not one of those principals?
o
A focus on function or thought on
outcomes that are meaningful.
o
No focus on function or thought for
maximizing those outcomes that are innovative.
o
A focus on clear definition of
objectives and identification of targets before seeking solutions.
o
Unending quest for enhancing value for
the organization.
Question 2
The goal of value management is to enable an
organization to achieve maximum progress towards its stated goals with the
minimum use of resources.
o
True
o
False
Question 3
The concept
of value can be defined as the relationship between satisfying an organizations
many conflicting needs and the resources required to meet those needs.
o
True
o
False
Question 4
Which of
these attributes is part of the group “positive human dynamics”?
o
Understand degrees of freedom.
o
Consider internal conditions that
managers may or may not be able to influence.
o
Encourage people to work together toward
a common solution.
o
Emphasis on teamwork and communication.
Question 5
A project can be considered an investment made by
management.
o
True
o
False
Question 6
Technical risk is not one area of uncertainty for a
project.
o
True
o
False
Question 7
There is nothing that can be done to plan for risks
to a project.
o
True
o
False
Question 8
One way to plan with risk avoidance is to purchase
insurance.
o
True
o
False
Question 9
Most projects generally need multiple financial
reviews, starting at the concept phase.
o
True
o
False
Question 10
Customer or client satisfaction is not part of
project value.
o
True
o
False
o
USA 
India