1. What are the benefits of providing accurate time estimates for individual tasks? Select all that apply.
Answers
- They enable you to avoid purchasing
expensive project management software.
- They help you accurately track task progress.
- They help you predict if a milestone may go over a deadline.
- They establish a better sense of the overall project timeline.
2. As a project manager,
you try to get an accurate time estimate for a task by communicating with an
expert. After considering their time estimate, you are unsure if it includes
all steps of a task, so you ask them to explain each step in detail.
What strategy for getting an accurate time estimate did you choose?
Answers
- Assess the expert’s confidence level
in their estimate.
- Ask the expert how likely they think
it is that an assumption might not work out and how it would affect their
estimate.
- Check the expert’s understanding of the task.
- Check the expert’s estimates against
the actual time spent on similar tasks in previous work.
Explanation: There is no obvious
connection between the alternative choice, which states that "They enable
you to avoid purchasing expensive project management software," and the
advantages of giving accurate time estimates for both individual jobs. There are
a variety of features and advantages that may be offered by project management
software in addition to time estimation; nonetheless, it is crucial to have
accurate time estimates regardless of the program that is being used. Because
of this, this choice does not apply to the advantages that come with time
estimation calculations.
3. As a project manager,
you try to get an accurate time estimate for a task by communicating with an
expert. After receiving their time estimate, you ask questions like, “What
equipment do you suppose you’ll have?” and “How many people do you expect to work
on the task?”
What strategy for getting an accurate time estimate did you choose?
Answers
- Ask the expert how likely it is that
assumptions they have might not work out and how it would affect their
estimate.
- Check the expert’s estimates against
the actual time spent on similar tasks in previous work.
- Discuss the assumptions the expert may be making when they give an estimate.
- Assess the expert’s confidence level
in their estimate.
Explanation: You may achieve
this by asking questions such as, "What kind of equipment do you think
you'll have?" In addition to "How many people do you expect to work
on the task?" During the process of generating the time estimate, the
project manager is doing an investigation into the assumptions that the expert
is making. For the purpose of ensuring that the estimate is accurate and
identifying any possible risks or uncertainties that may have an effect on the
length of the job, it is essential to have a solid understanding of these
assumptions.
4. As a project manager,
you try to get an accurate time estimate for a task by communicating with an
expert. You ask them to think back to a task that resembles the one for this
project and describe what was the same, what was different, and if thinking
about this previous task changes their estimate.
What strategy for getting an accurate time estimate did you choose?
Answers
- Ask the expert how likely they think
it is that their assumptions might not work out and how it would affect their
estimate.
- Check their understanding of the task.
- Check the expert’s estimates against the actual time spent on similar tasks.
- Discuss the assumptions the expert may
be making when they give an estimate.
Explanation: The project manager
is urging the expert to analyze the assumptions they are making when delivering
the estimate by asking them to reflect back to a job that is similar to the one
they are now working on and explain what was the same, what was different, and
whether or not thinking about this prior task affects their estimate. With the
aid of this debate, any possible biases or variables that have been neglected
that might have an impact on the accuracy of the estimate are brought to light.
5. What type of time
estimate considers how long it takes to complete a task, plus the time it takes
to test the product?
Answers
- Effort estimate
- Conservative estimate
- Timeline estimate
- Total duration estimate
6. Peta spoke with
Seydou about how long it would take for the tablets to arrive. What are some
risks that might affect the time estimate for shipping and receiving the
tablets? Select all that apply.
Answers
- A repair fee to fix broken devices
- Tablets shipping with outdated
software
- Broken devices
- · A shipping delay
Explanation: Tablets that arrive in a damaged or non-functional form would need replacements or repairs prior to their distribution, which would result in delays in the deployment process. It is possible that the tablets may not arrive on time due to delays in the shipping procedure, which might be caused by logistical challenges or transportation problems. This would have an effect on the date that was originally planned for their deployment.
7. Peta spoke with
Deanna about how long it should take to finalize menu items and coupon values.
What are some risks that might affect the time estimate for uploading menu and
coupon content? Select all that apply.
Answers
- Restaurant customers are not
interested in coupons
- Waitstaff have not yet been trained to
use the tablets
- Carter’s schedule can be unpredictable
Explanation: It is possible that the timeframe that was established for completing and uploading menu items and coupon values might be disrupted if Carter, who may be responsible for uploading the information, has an erratic schedule.
8. Based on
the tablet shipping estimate transcript, what time estimate is appropriate for
the tablet shipping schedule?
Answers
- 14 days
- 10 days
- 5 days
- 3 days
9. Which of the
following pieces of information should Peta consider when determining the
confidence rating for the wiring time estimate? Select all that apply.
Answers
- The team is still waiting for the menu
update
- The restaurant has attempted table wiring at least once before
- The electrician is confident in the amount of time they need to complete the wiring
- The team’s level of confidence in the time estimate
10. The meeting notes
state that Sauce & Spoon has never integrated tablet software with their
POS system before and may need to upgrade the system before starting the
integration. What confidence rating is appropriate for the POS system time
estimates?
Answers
- High
- Medium
- Low
Explanation: A low confidence
rating would be suitable for the time estimations for the point-of-sale (POS)
system because of the uncertainty that surrounds the integration process owing
to the lack of past experience and the possibility that system modifications
would be required. This grade is a reflection of the possibility that the
integration process may consist of unforeseen difficulties or delays, which may
have an impact on the accuracy of the time estimations.