
ICT Project Management quiz
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What high-level visual plan maps product goals over time?
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More questions about ICT Project Management
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What is a fixed-length development iteration called in Scrum?
Answer: Sprint
Why: Scrum sprints typically last between one and four weeks, ending with a working product increment regardless of whether every task finished.
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In Earned Value Management, what formula calculates the Schedule Performance Index?
Answer: EV / PV
Why: An SPI greater than 1.0 indicates project progress is running ahead of the baseline schedule.
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Which law links work in progress to lead time and throughput?
Answer: Little's Law
Why: Little's Law allows teams to reduce lead times simply by lowering the total work in progress.
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What does the M in SMART criteria represent?
Answer: Measurable
Why: George T. Doran coined SMART in Management Review in 1981; his M was already measurable, but his A meant assignable and his R realistic.
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What does an SPI value greater than 1.0 mean for a project schedule?
Answer: Ahead of schedule
Why: Dividing Earned Value by Planned Value yields SPI, where any number above 1.0 shows work is finishing faster than planned.
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Which contract type places the highest risk on the seller?
Answer: Firm fixed price
Why: The seller absorbs all cost overruns under a firm fixed price agreement, whereas cost-reimbursable models pass expenses to the buyer.