CISI IFC Q&A - in .pdf

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NEW QUESTION: 1

A. Option C
B. Option E
C. Option D
D. Option B
E. Option A
Answer: A

NEW QUESTION: 2
MOTS is an acronym for:
A. Modified Off-The-Shelf Software
B. Manipulated Object Training Series
C. Management Oriented Testing System
D. Mission, Objectives, Training, Supervision
Answer: A

NEW QUESTION: 3
You work as a project manager for HRM Inc. You want to enable roll-up of both resource assignments and availability data to a higher level. Which of the following diagrams will help you to accomplish the above task?
A. Gantt chart
B. WBS
C. RBS
D. RACI
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option D is correct.
A resource breakdown structure (RBS) is a visual decomposition of the program scope and the resources needed in order to create the things defined within the program scope. The resource breakdown structure is a hierarchical structure that is used to represent the enterprise resources. It also enables a user to create program plans with detailed resource assignments. It also allows comparison of the workload with detailed resource availabilities. The resource breakdown structure also enables roll-up of both resource assignments and availability data to a higher level.
Answer option C is incorrect. A Work Breakdown Structure (WBS) is a visual decomposition of the project scope. The project scope is taken and broken down into smaller, more manageable units. Each of these units can be broken down again and again until you define the smallest item in the WBS called the work package.
Project groups and the project's discrete work elements are defined in a way that helps organize and define the total work scope of the project. A WBS element may be a product, data, a service, or any combination. WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control. Answer option B is incorrect. A Gantt chart is a type of bar chart that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. The terminal elements and summary elements comprise the work breakdown structure of the project. Some Gantt charts also show the dependency (i.e., precedence network) relationships between activities. The Gantt charts can be used to show the current schedule status using percent-complete shadings and a vertical "TODAY" line.
Answer option A is incorrect. RACI is an acronym that was derived from the four key responsibilities most typically used: Responsible, Accountable, Consulted, and Informed. It is a type of responsibility assignment matrix used to ensure clear divisions of roles and expectations when the team consists of internal and external resources.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition" Chapter: Time and Cost Management Objective: Resource Breakdown Structures

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