3. Hosted By Special Guest Host Lindsay Lohan

5. –Slapchop! –Flex-Seal! –A new car! –Review for 4810 Test #2 (Legal Disclaimer: actual Slapchop, Flex-Seal, & New Car will not be awarded)

6. PM Potpourri Kwality Madders How much is that project in the window? Hard Time in the Hoosegow Scope on a Rope

7. 200 400 800 600 800 600 400 800 400 200 1000 400 600 800 200 1000 END PM Potpourri Kwality Madders How much is that project in the window? Hard Time in the Hoosegow Scope on a Rope 200

8. What is Net Present Value (NPV)? - 200 Points Discounting all expected future cash inflows and outflows back to the present point in time

9. What is the IRR? - 400 Points A financial metric that is determined by finding out what discount rate results in an NPV of zero

10. What is Scope Definition? - 600 Points Subdividing the major project deliverables into smaller, more manageable components

11. What is a Guideline? - 800 Points A way of developing a WBS that involves standardized criteria

12. What is an Analogy? - 1000 Points A way of developing a WBS by referencing other projects as examples

13. What is a Dependency? - 200 Points The sequencing of project activities or tasks

14. What is Crashing? - 400 Points Making cost & schedule tradeoffs to compress project schedules

15. What are Mandatory Dependencies? - 600 Points These dependencies are also referred to as “hard logic”

16. What are Discretionary Dependencies? - 800 Points These dependencies are defined by the project team

17. What is PERT Weighted Average? - 1000 Points Optimistic Time + 4x Most Likely Time + Pessimistic Time ________________________________________________________________ 6

18. What are Direct Costs? - 200 Points Costs that are related to the project & can be easily traced back to their source

19. What are Tangible Costs ? - 600 Points Costs that can easily be measured in monetary terms

20. What is Earned Value (EV)? - 400 Points An estimate of the value of the physical work actually completed

21. What is Rough Order of Magnitude (ROM) - 1000 Points Cost estimate prepared very early in the life of the project to get a ballpark estimate

22. What is Cost Variance? - 800 Points Earned Value – Actual Cost

23. What is Functionality? - 200 Points The degree to which a system performs its intended functions

24. What are Fishbone Diagrams? - 400 Points Diagrams that trace quality problems back to their root cause

25. What is a Quality Audit? - 600 Points Structured review of quality management activities

26. What is Quality Assurance? - 800 Points Periodically evaluating overall project performance

27. What is the Cost of Quality? - 1000 Points The cost of conformance plus the cost of nonconformance to quality standards

28. What is a Slipped Milestone? - 200 Points In MS-Project, this Gantt chart object is represented by the following symbol:  

29. What are Actual Dates? - 400 Points In MS-Project, the darker rectangle in a Gantt Chart This

30. What is COCOMO? - 600 Points A parametric model used to estimate costs in software development projects

31. What is a Network Diagram? - 800 Points This is represented by the following figure:

32. What is a Pareto Diagram? - 1000 Points A histogram that helps identify & prioritize problem areas

33. And the winners are: Team Name Number of Points Grand Prize Team: 2 nd Place Team: