Question1: On November 1, $1000 worth of work on task A was supposed to have been done (BCWS); however, the BCWP was $850. Calculate the schedule variance:
Question2: Project life cycles provide a better means of measurement of progress and control. The four phases of a project are conceptual development, _____, _____, and _____.
Question3: The SPI, which is used to estimate project completion date, is calculated by?
Question4: CORRECT TEXT
All of the following statements are true regarding Simulation and Monte Carlo analysis EXCEPT:
Question5: What is one of the problems with project management software?
Question6: You have accumulated project information throughout the project and need to distribute some important information you just received. Which of the following is not an information distribution method?
Question7: Quality control charts show a characteristic of the product or service against:
Question8: A project manager discovers an urgent need for outsourced resources on the project. He knows he has the money to cover the cost of these resources. He goes to the procurement manager and explains the situation, insisting a contract be drawn up today so he can obtain resources and circumvent the standard procedure. Is this the correct process to follow?
Question9: You are the project manager within an information technology department of a large retailer. In order to allow for better real-time tracking, inventory control, and supply chain management, your company is financing a project to install and deploy RFID tags on all items of merchandise. As a project manger, you've just completed the Select Sellers process, and selected a vendor to perform the RFID installation and deployment.
After the contract is assigned with the vendor, the account manager from the vendor calls for thank you for selecting them. As a thank-you gift, they would like to give you and your project team tickets to a free dinner convention, where the vendor will be providing a demo if their latest RFID systems. How should you respond?
Question10: Which of the following are included in cost control? (Choose all that apply.)
Question11: Outputs from the Initiation process include:
Question12: ____________ sometimes, called risk symptoms or warning signs, are indications that a risk has occurred or is about to occur.
Question13: The amount of time that an activity can be delayed from its early start without delaying the project end date is called:
Question14: Your friend Robert has recently achieved his PMP certification. Prior, to receiving his PMP, he had worked as a project manager, for various I.T projects over the past 4 years. Robert is familiar with various techniques fir I.T quality control and assurance.
However, Robert is currently advertising himself as an expert in quality control for the manufacturing industry. But you know that the quality issues and techniques differ greatly between the I.T. industry and the manufacturing industry. In fact, you know that Robert has never even used control charts or cause-and-effect diagramming techniques. You feel that Robert is falsely advertising his credentials and expertise.
How should you respond?
Question15: Which of the following are tools to contract closure process?
Question16: Inputs to overall change control include all of the following except:
Question17: What is the foundation for team development?
Question18: In general, groups will ____ the average individual problem solver on problems with multiple stages.
Question19: You monitored figures on cost and planned/earned value for each individual project week until the data date at the end of the sixth week. What is the status of this project at this date?
Project Actual Earned Planned week costs value value 1 $65,000 $61,000 $67,000 2 $85,000 $79,000 $89,000 3 $100,000 $102,000 $110,000 4 $125,000 $124,000 $121,000 5 $135,000 $133,000 $139,000 6 $125,000 $120,000 $131,000
Question20: A project was budgeted at $1,000,000. The project is meanwhile being executed, and the following current figures have been assessed:
PV: $500,000
EV: $450,000
AC: $550,000
Assuming that the Cost variance was caused by one-time cost drivers, which are no more effective, what Estimate at completion (EaC) can you derive from these figures?
Question21: During project executing, a previously unidentified risk has just occurred. This risk will negatively effect the outcome of the project. Which of the following is best to perform next?
Question22: In order to achieve long-term quality improvements, management must do the following:
Question23: In which process would you be most likely use variable [or attribute, for that matter] sampling?
Question24: Which of the following describes an input to the direct and manage project execution process that consist of documented, authorized changes to expand or contract the project scope?
Question25: Which theory(s) prescribes a form of participative management?
Question26: Many companies self insure against some risk. Problems which can arise from self-insurance include:
Question27: A Work Breakdown Structure provides a framework from which all of the following can be done except:
Question28: All of the following are elements of inputs of the Risk Identification process that you should evaluate except for which one?
Question29: You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. One of the key stakeholders is a huge movie buff, and she has the power to promote you into a better position at the conclusion of this project. She has discovered that one of her favorite superstars lives in the State of Bliss and therefore must file income tax returns in that state. She asks you to look up the account of this movie star. What is the most appropriate response?
Question30: Which of the following are outputs of the Scope Verification Process?
Question31: The utility of network-based schedules:
Question32: Which of the following tools and techniques are commonly used in the Define Scope Process?
Question33: Which of the following is NOT included in a cost of quality calculation?
Question34: You are project manager of ABC company and you have to choose one project between two of them. Which of the following factor you would NOT cosider for the project selection?
Question35: You are in the process of identifying and documenting project risks. Which of the following statements are true?
Question36: Which of the following scheduling techniques focuses on managing buffer activity durations and the resources applied to the planned scheduled activities, instead of managing the total float of network paths?
Question37: Which of the following statements are TRUE regarding precision versus accuracy?
Question38: Performing the administrative closure process includes all of the following EXCEPT:
Question39: A WBS can be used for :
Question40: You are a project manager at for an information technology division of a large financial brokerage in the United States. Due to new regulatory requirements enacted by Sarbanes-Oxley you have been assigned to audit all I.T. systems to ensure compliance. You need to ensure that all data in the data base in encrypted to ensure confidentially. You need to ensure that all users are properly authenticated. You also need to verify that authorization to confidential financial information follows the least-privilege principle.
The deadline to ensure compliance with Sarbanes-Oxley regulations is within 180 days. Failing to complete the result in 180 days will result in the significant fines to your organization. You have been given a budget of $2 million dollars. Due to the overall budget cuts this year, you have been told that budget is fixed and cannot be increased by $1000 dollars. Which is the primary constraint for this project?
Question41: How does a project management team stay in touch with the work and the attitudes of project team members?
Question42: Frequent stimuli for a project include the following, except
Question43: The quality team for the project consists of several groups. Which of the following project participants plays the most important role in the quality function?
Question44: You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following are environmental factors that should be considered during this process EXCEPT:
Question45: You are interviewing new project managers for your company. One of the candidates claims to be a PMP-certified project manager, but you discover that she has never taken the PMP exam. What is the BEST way to handle this situation?
Question46: As project manager, which of the following activities most deserves your immediate attention?
Question47: Which of the following is not one of the five project management process group?
Question48: The swiftest and most effective communications take place among people with
Question49: The BCWP is 65%, the BCWS is 70%. The project manager wants to make up for the 5%. The project sponsor has set aside $5000 as a reserve to remedy this situation. Instead of using it to hire temporary labor, or pay overtime, the project manager is using it as an incentive for the team to catch up in 60 days. If they do, the money will be used to take the team members and their guests to Catalina for an all expenses paid weekend. What type of power is the project manager referencing?
Question50: The Project Integration Management Knowledge Area consists of some of the following processes. Which of these belong to Project Integration Management?
Question51: You are building the budget for your project. You don't have detailed requirements for the project yet. However, a fellow project manager completed a similar project a year ago, and has his budget assumptions and final costs documented. You decide to use this information as the basis of your cost estimating. This is called:
Question52: Variance analysis, trend analysis, and earned value techniques are:
Question53: At the outset of a project you should define the processes necessary to account for change. Which of the following is not a standard inclusion in a change control system?
Question54: You are a project manager of ABC organization. Your project covers more than one department or technical area of expertise. Which type of organization is BEST for this project?
Question55: You are in the process of monitoring the various project processes and their performance. Which of the following is the LEAST appropriate output of this process?
Question56: In a Weak Matrix organization, the role of a project manager is that of a:
Question57: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses. Your project team has already created the WBS, developed estimates
for the work packages, and created the project network diagram. Which of the following should you perform NEXT?
Question58: 3 major processes in Project HRM
Question59: Total project risk can be defined as:
Question60: Which of the following is not an input to overall change control?
Question61: A good team leader must be concerned not only with _____ but also with _____ .
Question62: Analogous Estimate Costs is _________.
Question63: You are the project manager for the software company that develops stock analysis software. You have been assigned to develop a new technical analysis tools to forecast the price of stock given its historical volatility based on Elliot Wave techniques. You need to gather necessary information to write the project scope management plan. Which of the following information do you not need as input to your current process?
Question64: Inputs into Resource Planning include:
Question65: The project manager is assigned in the?
Question66: A manager works very closely with his subordinates to create an effective working environment. Once a new person is hired, he works with the employee to set realistic goals for the short term and long term. In addition he continuously works with employee to discuss career path and career ambitions. He is constantly coaching, counseling and meeting. Once his employees reach the goal, he reward them with merit, increases/bonus , offer expanded job responsibilities, with new challenges, which of the following motivational theories is least utilized in his management approach to motivating his employees?
Question67: The project manager's leadership style should be matched to the corresponding
developmental level of the project team and should move through successive steps in the following order:
Question68: The most common types of schedules are Gantt charts, milestone charts, line of balance, and:
Question69: You are the project manager for Heartthrobs by the Numbers Dating Services. You're working on an updated Internet site that will display pictures as well as short bios of prospective heart-breakers. You have your activity list and resource requirements in hand and are planning to use parametric estimates and reserve analysis to determine activity durations. Which of the following statements is true?
Question70: Interfacing with the customer after project go-ahead is the responsibility of:
Question71: In which process do you create the Risk Breakdown Structure?
Question72: Which of the following LEAST likely describes a weighting system used in the Select Sellers process?
Question73: Which of the following is not a method for acquiring team members?
Question74: You are the program manager for a new commercial jet. A new robotic technology has just emerged that will improve the accuracy of machining connectors to within 3 microns. This technology will also result in a savings from the previous method. As a result of this, all program managers are being asked to come up with a new estimate at completion for their in-process projects. The most accurate method to develop the new estimate is to:
Question75: You are using the three-point estimating technique to estimate the duration of a schedule activity. Which of the following is the correct formula for calculating variance assuming a triangular distribution?
Question76: As a software development manager in a boutique software shop that sells custom solutions, you have designed a system that helps you control change. This system identifies the version number of releases, identifies any unique code, and has records of all the different variations and who the customer is. This system is formally known as:
Question77: You are assigned as a project manager for an internal project. During cost planning and budgeting you found out, that there are peak times of costs during the project and other times when costs are fairly low. What could this mean for the project?
Question78: Which of the following are not tools/ techniques that can be used to create the WBS?
Question79: Which is controlling changes to the budget.
Question80: You are in the process of analyzing activity sequence, durations, resource requirement, and schedule constraints in order to create the project schedule. Which of the following is least helpful input in this process?
Question81: The project manager notices that project activities being completed by one department are all taking slightly longer than planned. To date, none of the activities/work packages have been on the critical path, nor have they affected the critical chain planning that has occurred. The project manager is bothered by the problem, since four of the next five critical path activities are being completed by this department. After making three calls, the project manager is finally able to converse with the department manager to determine what is going on. The conversation is slow, because both speak different native languages and they are trying to converse in French, a shared language. To make communication easier, the project manager frequently asks the department manager to repeat back what has been said. The department manager communicates that his staff is following a company policy that requires two levels of testing. During the conversation, the department manager also makes a comment that leads the project manager to believe that the policy may include excessive work. This is the fourth time the project manager has heard such a comment. What is the BEST thing to do?
Question82: All of the following statements regarding the risk breakdown structure (RBS) is true EXCEPT:
Question83: Consider the project integration management knowledge area. Which of the following process are NOT included?
Question84: The chances for successful completion of a multidisciplinary project are increased if project team members are-
Question85: Which of the following is not an output of scope change control?
Question86: Which of the following statements are false regarding the cost change control system?
Question87: You are using the three-point estimating technique to estimate the duration of a schedule activity. You are given the following data: Pessimistic=200days Optimistic=100days Most likely=120 days Average= 130 days Variance= 277.7 Which of the following statements are true?
Question88: You are the project manager at Happy Coffee Cafe, a rapidly growing franchise selling premium blended coffee. Currently your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas of expansion, including, France, Germany and England. You intend to use NPV (net present value) analysis to evaluate which area provides the base opportunity for expansion. Which of the following statements are true regarding NPV calculations?
Question89: You assigned staff members to activities, estimated work and scheduled your project. Then, you depicted the following resource histogram for your staff:
Exhibit:
What is the diagram telling you?
Question90: Characteristics of project phases are:
Question91: All the following statements related to Just In Time Manufacturing are correct except:
Question92: The scope management provides:
Question93: As a control tool, the bar chart (Gantt) methods is most beneficial for:
Question94: You are the Project Manager for an aircraft manufacturing company developing a new range of supersonic fighter planes. Since government funding is essential for your project, you hire a lobbying firm to get Government support for funding your project. This is an example of:
Question95: You know that BAC = 375, PV = 300, AC = 200, and EVC = 250. Variances that have occurred on the project to date are not expected to continue. What is the ETC?
Question96: You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project Scope Planning process and created the Scope management plan. However, upon review, you have determined that the resulting project scope management plan is ambiguous and poorly written. A poorly written project scope management plan will directly impact all of the following EXCEPT:
Question97: Which of the following statements are TRUE regarding comparative methods, scoring method, and cash flow analysis?
Question98: You are a project manager for Giraffe Enterprises. You've recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he did a poor job of scope definition. Which of the following could happen if you don't correct this?
Question99: Which of the following statement(s) about project customer and project sponsor is(are) correct?
Question100: Which of the following statements are true regarding risk response audits?
Question101: The most common definition of project success is:
Question102: Effective communication is critical for project success. Scope changes, constraints, assumptions, integration and interface requirements, overlapping roles and responsibilities, and many other factors all pose communications challenges. Communication barriers lead to
Question103: Investment in project development prevention is most often borne by the
Question104: During the planning phase of a project, you realize that more than one functional department possesses the skill and technical know-how to perform a given task. The best way for the project manager to handle this would be to:
Question105: To make an informed decision about buying insurance, the project manager needs to determine the ratio of insurance cost and the expected value of the loss. For example, if the cost of insurance is $10,000, the value of the property is $200,000, and the probability of loss is 0.05 (or five percent), the insurance is ________.
Question106: You are using the three points estimating techniques to estimate the duration of the scheduled activities. Which of the following statements are true given the following data? Pessimistic=200 days Optimistic days=100 days Most likely=120 days Average=140 days Variance=466.66
Question107: You are the project manager for Lucky Stars Candies. You've identified the deliverables and requirements and documented them where?
Question108: Which of the following process involves making needed information available to project stakeholders in a timely manner?
Question109: Which is not one of the five classifications of work found in a purchasing operafion?
Question110: A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of
80/20. The actual cost of the project was $150,000. How much profit does the seller make?
Question111: Which of the following are indicative of duration estimates?
Question112: You are in the process of defining activities that need to be performed to develop the necessary project deliverables. Which of the following are NOT outputs that you will produce during this process?
Question113: Project management provides organizations with a methodology to:
Question114: Which is not a tool or technique for Source Selection?
Question115: The three most common types of project cost estimates are:
Question116: Standard "Shewhart" control charts assume that the distribution of sample means is:
Question117: The Estimate At Completion (EAC) can be used to forecast the most likely total project cost based upon the current project performance. Which of the following formulas cannot be used to calculate the EAC when current project variances are NOT typical and such variances NOT expected to continue?
Question118: You are in process of controlling changes to the project cost baseline. All of the following are outputs of this process EXCEPT:
Question119: The key ingredient to a successful quality management program are _____.
Question120: You are in the process of reviewing offers and choosing among potential sellers. All of the following are tools/ techniques you can use in this process EXCEPT:
Question121: A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labor hours per installation from past projects to predict the future. This is an example of which of the following?
Question122: You have been recently been assigned to provide an accurate project schedule for a large
construction project. You are evaluating the network diagram for the construction project.
Your lead engineer has given you following estimates for critical path activity: 30 days (optimistic), 100 days (pessimistic), and 50 days (most likely). What is the standard deviation for this activity, assuming a beta distribution?
Question123: Project selection criteria cover management concerns such as:
Question124: You are working on a construction project. You, your team, and your senior manager all feel that the work is complete. However, one of your stakeholders disagrees, and feels that one deliverable is not acceptable. What is the BEST way to handle this conflict?
Question125: One of your friends is a project manager at a computer security company. She is currently managing a project for the development of a NAC (network admissions control) appliance that uses the network infrastructure to enforce security policy compliance on all devices seeking to access network computing resources, thereby limiting damage from emerging security threats. The NAC appliance will provide with self-contained endpoint assessment, policy management,
and remediation services. The company had performed a similar project a couple years ago.
This is critical project fro the company, and he is under tremendous pressure to deliver the project. Unfortunately, he is new in the company, and the project is growing in size everyday. He is starting to feel overwhelmed by the project. What is his BEST course of action?
Question126: Some common formats of performance reports are:
Question127: Your customer ask for a small change in the project, which was not budgetted in the project. It is a small effort as compared to the total project and you need the goodwill for a multimillion dollar on the pipeline. You will
Question128: Typical characteristics of a work package include:
Question129: You are in the process of controlling changes to a project baseline. Which of the following is the LEAST helpful input?
Question130: Which of the following are not the direct results of managing the project team?
Question131: Selective perception is _____ of new conflicting information that may result, in a breakdown in communication.
Question132: Your project run for a customer is coming to an end. The customer has been contractually granted a three years warranty period for the product of the project. What should you do first?
Question133: Project scope is:
Question134: You are the project manager for a company that sells online music. The company is growing so well that the company has outgrown its I.T infrastructure. In fact, the company's current infrastructure is unable to handle the terabytes of music download each day. As a result, the company has decided to outsource its music download infrastructure to a third party content management vendor. The content management vendor will host the compressed music files across its geographically distributed web server farms, and handle all the logistics with music file downloads and data streaming. On your qualified sellers list, you have identified one potential vendor MusikCM. Your procurement department is conducting an independent estimate of costs of the proposals in order to compare the vendor prices. However, your procurement department has identified a large difference between the independent estimate and the proposed vendor cost. Which of the following statements are FALSE?
Question135: Consider the information below, in which activities A, B, and D are on one path and must be performed in that sequence, and activity C is to be performed parallel to that path. Assuming cost is important, in which sequence should crashing of activities be planned?
Normal Time: A=4, B=3, C=5, D=5 Crash Time: A=2, B-2, C=4, D=3 Normal Cost: A=10, B=20, C=14, D=25 Crash Cost: A=11, B=22, C=16, D=27 (Time in Weeks, Amounts in Thousands of Dollars)
Question136: Which of the following diagrams is most useful in impact analysis:
Question137: Project cost control includes all of the following EXCECPT:
Question138: In general, the best long-lasting approach to settling project conflict is the _____ approach.
Question139: Which of the following are part of the purchasing cycle:
Question140: Which of the following are tool/ technique of Perform Quality Control that involves measuring or testing results to determine whether they confirm to the requirements and quality standards?
Question141: Consider the following situation: A scope change as requested by a client after
acceptance of the design has potential impact on several components of the project. What should you as the project manager do FIRST in this situation?
Question142: Please refer to the figure below:
If these three tasks (i.e. TaskA, TaskB, TaskC) are part of critical path of one project, what is the PERT Estimate for the duration of the project?
Question143: Present value measures
Question144: Project cost control includes all of the following EXCEPT:
Question145: A Responsibility Assigned Matrix (RAM) can be used for all of the following EXCEPT:
Question146: Your new product development project has resulted in a highly successful new product. The property, equipment, materials, and personnel of your project are now being integrated into the functional organization. Your project is being terminated by:
Question147: What are the inputs to project Plan Execution?
Question148: You are a project manager at a historic Shoppe, a rapidly growing bookstore selling hard to find books and periodicals. Currently your company is planning on opening additional stores throughout the United States. Your primary market includes densely populated, major metropolitan cities.
Your company is deciding among New York, Los Angeles, and Seattle. Based on data which project should be recommended using the discounted cash flow technique?
Project New York makes $100,000 in 2 years Project Los Angeles makes $110,000 in 3 years Project Seattle makes $120,000 in 4 years Assume that the cost of capital is 8%
Question149: You created a Baseline of your System configuration and added several changes to that as amendments. Meanwhile you are afraid that the big number of Deltas may cause inconsistencies and make you unable to understand the current system configuration. What should you do?
Question150: All of the following statements are true regarding configuration management except which one?
Question151: Which of the following are TRUE regarding Bidder conferences?
Question152: Analogous estimating:
Question153: Which of the following are characteristics of a purchase order?
Question154: A major assumption of all network scheduling methods is that activity durations must be _____.
Question155: Where is the bulk of the project budget spent?
Question156: Which of these types of matrix structure gives the project manager the most control?
Question157: Which of the following documents generated by the create WBS process includes a code of account identifier, a statement of work, and a list of schedule milestones for each WBS component?
Question158: An Activity has an Optimistic estimate of 1.0 days, pessimistic estimate of 1.6 days, most likely estimate of 1.3. days. What is the PERT Estimate for the task?
Question159: Which of the following is not the feature of a project?
Question160: __________ involves using project characteristics in a mathematical model
Question161: Which of the following represents the pinnacle of Maslow's hierarchy of needs?
Question162: As a project manager, you realize that handling Project Stakeholder expectations is an important priority. Which statement regarding project stakeholders is not correct?
Question163: Random variance in a process can be directly reduced by ______?
Question164: A series of consecutive points on the same side of the average is called:
Question165: You are conducting a status meeting and monitoring your risk register when you discover a risk that remains even after you implement all of your response strategies. What kind of risk is this and what should you do about it?
Question166: You are in the process of identifying and documenting the logical relationships among schedule activities. Which of the following are NOT outputs to this process?
Question167: As a project manager, you must demonstrate transparency in...
Question168: A leadership style in which the project manager shares problems with team members and formulates solutions as a group is called:
Question169: A Project with a total funding of $70,000 finished with a BAC value of $60,000.
What term can best describe the difference of $10,000?
Question170: Which of the following types of contracts is equivalent to a cost plus contract:
Question171: You are the project manager for the manufacturer of children's toys. Your project team is in the process of designing a new toy for children for next Christmas season. Your 10 members are working together for past six months. All 10 are in constant communication with each other. How many lines of communications are their in your project team?
Question172: Which of the following is LEAST likely to improve the accuracy of cost estimates produced through parametric cost estimating technique?
Question173: You are using the interviewing technique of the Quantitative Risk Analysis process. You intend to use normal and lognormal distributions. All of the following statements are true regarding this question except which one?
Question174: Information typically required to determine project communications requirements include
Question175: There are likely to be team loyalty issues in a matrixed environment. All of the following are true regarding this situation as it pertains to the Manage Project Team process except for which one?
Question176: Rekha is a project manager on a large construction project. Late in the project, her client demands a big change. She assesses the impact of the change and tells the client how much time and money it will cost. But the client won't allow any change to the schedule and won't pay anything more for change. Rekha explains that the proposed change is well outside the documented scope of the original work. The client tells Rekha that he doesn't care what was in the original scope and that she needs to implement the change with no impact to schedule or budget. What conflict resolution technique is he the client using?
Question177: Stock options, assigned parking spaces and a company car are all examples of what?
Question178: Which is generally the least accurate.
Question179: War room creation during project deployment phase is an example of:
Question180: A technique that can be used to measure the total income of a project compared to the total moneys expended at any period of time is:
Question181: A project manager tracks the work of team members using a network logic diagram. Which effect will the presence of an actual finish date have on the calculation of float for finished activities?
Question182: Parametric Estimating is done as a part of which process:
Question183: Which of the following statements are FALSE regarding project time management?
Question184: The project manager has, as a prime responsibility, to assure proper integration of activities. In which organizational form does the project manager probably have the easiest time in integrating work?
Question185: Information retrieval systems, information distribution methods, and communication skills are tools/ techniques of which of the following processes?
Question186: Your customer wants your project, a process to dump "bad" eggs before it reaches the stores helves, to be completed 5 months earlier than planned. You believe you can meet this target by overlapping project activates. The approach you plan to use is known as:
Question187: What are correspondence, contract changes, and payment requests?
Question188: If the message is very complex, the best method that can be used to have the greatest chance for the most complete understanding is
Question189: Which of the following describes the optimal way of communication between project manager and team members?
Question190: You need a batch of 100 identical valves which will be custom made for your project to build a food processing plant. There is a risk of deterioration of victuals during processing; therefore you placed requirements on the quality of the raw materials for the valves, which will make production very costly.
Unfortunately, in order to test the valves against these requirements, you would have to destroy them. And you have no experience with the vendors at all. What should you do?
Question191: Knowledge of best practices in a particular area is most likely to give rise to which
of the following dependencies:
Question192: You are a project manager for a telecommunications firm. You're working on a project that entails upgrading technical hardware and equipment. The estimated cost of the hardware and equipment is $1,725,000. You are reviewing products from three vendors. One of the vendors offers you and your family the use of the company yacht for the upcoming three-day weekend. What is the most appropriate response?
Question193: The sponsor has informed you that the resources for your project will be cut. The sponsor wants to know how long the project will take if only nine resources each month are committed to your project. What is this activity called?
Question194: Monte Carlo analysis is a form of what type of analysis?
Question195: Which of the following process is not included in project communication knowledge area?
Question196: Which of the following is an effective tool to observe trends and results
over a specified period of time?
Question197: Which of the following techniques accounts for path convergence and generally estimates project durations more accurately?
Question198: Which tools or techniques are not used in Sequence Activities?
Question199: Company expenses such as auditing costs, supervision, office supplies, building rent and maintenance are elements of the:
Question200: A legally binding document offered unilaterally is a _____ .
Question201: In a flowchart, the diamond form is used to represent:
Question202: Inspections are a tool of perform quality process. They may also be called?
Question203: Which of the following processes involves analyzing activity sequences, activity duration, and resource requirements, to develop the project schedule?
Question204: As a Project Manager for a construction company, you are responsible for Scope Definition, Activity Definition, Schedule Development and Cost Budgeting. These responsibilities are performed as part of:
Question205: In which process is formal acceptance and handover of the final product/ service performed?
Question206: Project mangers often refer to a project's triple constraints as a framework for evaluating completing demands. Please select which of the following describes the triple constraints?
Question207: When you look at a control chart that measures defects in the product produced by your project, you find that seven values are showing up below the mean on the chart. What should you do?
Question208: The project manager should be assigned ___________ as an output from the Initiation process:
Question209: A project manager you are mentoring comes to you for help because he is about to face his first procurement audit. You might explain that he should NOT worry about such an audit because it:
Question210: You are the project manager for a large construction project. The project objective is to construct a set of outbuildings to house the Olympic support team that will be arriving in your city 18 months from the project start date. Resources are not readily available because they are currently assigned to other projects. Jack, an expert crane operator, is needed for this project two months from today. Which of the following skills will you use to get Jack assigned to your project?
Question211: You are a project manager responsible for constructing a new sports arena in preparation for upcoming Olympics. Construction begins on a project over a year ago. Stakeholders of the project want a status report on the performance of the project to the date. You have obtained the following measurement:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date to be atypical. Based on the information above what will be the EAC for the project?
Question212: When items to be purchased for a project are specified by performance characteristics:
Question213: Which is not included in General Management:
Question214: Using the information provided, if a project manager requires the use of a piece of equipment, how many days must he rent the equipment before the cost is equal to the total cost of leasing the equipment for one year?
Question215: Which of the following are NOT outputs of the Information Distribution process?
Question216: You have been asked to submit a proposal for a project that has been put out for bid. Prior to submitting the proposal, your company must register so that its firm is on the qualified seller list. Which of the following statements is true?
Question217: The major difference between project and line management is that the project manager may not have any control over which basic management function?
Question218: For a given characteristic in a construction process, the standard deviation associated with production variation is 0.8", and the standard deviation associated with measurement variation is 0.6". The total standard deviation for this characteristic is:
Question219: Which of the following statements are FALSE regarding Herzberg's Hygiene Theory?
Question220: You are running a project which was budgeted based on some Rough order of magnitude (ROM) estimates with a precision of -50% /+100%. Meanwhile, with new estimates made on detail level and some work already finished, you found out that these estimates were consistently too low and the budget will not be sufficient to successfully run and finish the project. What should you do?
Question221: You are the project manager in the I.T department of the local university. Your current project involves developing a web-based interface for legacy student registration application. Your current project has recently experienced a change where you have been asked to support an additional data base system, instead of current database system in use. As a result, many of the greed upon WBS elements were modified. Which type of change has occurred within your project?
Question222: Your upcoming project includes project team members from a foreign country. To make certain that cultural differences don't interfere with team performance, thereby affecting the success of the project, your first course of action is to do which of the following?
Question223: Risks and Triggers are outputs of:
Question224: Which of the following is not an organizational policy consideration in formulating a project plan?
Question225: You are project manager responsible for constructing a new sports arena for the upcoming Olympics. Construction began on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You've obtained the following measurements:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date are typical, and do not expect these variances to continue. What is the VAC for the project?
Question226: The Work Breakdown Structure (WBS) is the basis for communicating:
Question227: Which of the following can the project manager use as a means of measuring project team effectiveness?
Question228: Which of the following statements are true regarding decision models using multi objective programming algorithms?
Question229: In your project, you have designated a group of people to monitor changes to the project baselines, manage the approvals and do the necessary paperwork. These are examples of
Question230: A project can best be defined as:
Question231: Tools and techniques of procurement planning include
Question232: Your project involves the research and development of a new food additive. You're ready to release the product to your customer when you discover that a minor reaction might occur in people with certain conditions. The reactions to date have been very minor, and no known long-lasting side effects have been noted. As project manager, what should you do?
Question233: You are the project manager at a large construction company. Your company is under a times and materials contract to build a new shopping center. The estimated cost of project is $5,000,000. The project sponsor has approved this amount. However, you earned value calculations indicate that the project will be completed on time and under budget by 5,000,000. Based on this calculation your personal profit will decrease by $10,000. Given the estimated decrease in personal profit, what action should you take?
Question234: Which of the following statement are false?
Question235: From a buyer's standpoint, which of the following is true?
Question236: Which is ensuring all features and functions are included in a product or service
Question237: Universal characteristics of effective project managers include such skills as communication, decision-making, planning, ability to identify problems and:
Question238: You have summarized the project and note that 28,000 hours have been scheduled, 25,000 hours have been earned and 26,000 hours paid. The correct conclusion is:
Question239: The level of authority of the project manager:
Question240: Which is not output from Control Schedule:
Question241: The strong matrix versus a weak matrix.
Question242: Scope verification is a part of:
Question243: All of the following statements are true regarding decomposition EXCEPT:
Question244: Management styles associated with production environments, such as assembly lines commonly include:
Question245: _____ best describes the goal of a project in its relationship with the customer, from initial contact through delivery.
Question246: Which of the following are outputs of the information distribution process EXCEPT:
Question247: You are the project manager at a large accounting firm in the United States. Your current project involves auditing the financial statements of a Fortune 100 company. You are currently utilizing network diagrams to track and schedule the execution of various auditing tasks through out the project. You are performing a backward pass analysis of the project schedule. It is important for you to examine activities that have _________ slack?
Question248: A completion of a local government study resides on your critical path. This would most likely be referred to as:
Question249: You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the scope statement and scope management plan for this project. In your interviews with some key team members, you conclude which of the following?
Question250: You would like to develop a cost estimates for your project. However you are under tremendous time pressure, and do not have a time to perform extensive cost calculations. You just need to determine a quick, ball park estimates for your project. Which of the following cost estimating techniques should you use?
Question251: Five people are involved on a project that requires significant communication between all project participants. How many lines of communication exist on this project?
Question252: A project manager in a predominantly hierarchical organization has been assigned a major project with aggressive timelines. The BEST approach for developing an initial project charter in this environment is to:
Question253: Which conflict resolution technique do project managers use most often?
Question254: Inspection processes are considered _____.
Question255: Which of the following BEST describes the contents of a WBS Dictionary entry?
Question256: Which of the following is NOT true of obtaining project plan approval?
Question257: In an ideal situation resource leveling should be limited to activities with___?
Question258: If a project manager is concerned with gathering, integrating, and disseminating the outputs of all project management processes, she should concentrate on creating a better:
Question259: All of the following are correct statements about a project manager EXCEPT:
Question260: What is Team Development?
Question261: You are the project manager for a new construction project in your city. Your longtime personal friend is bidding on the project. Your friend has asked you to give them an indication of the budget for this project so that they do not overbid and lose the deal. What is the most appropriate response?
Question262: Which of the following types of limits is often not directly linked to a process output?
Question263: Which of the following should be done by the project manager upon completion of the project?
Question264: Your project team is in the process of identifying project risks on your current project. The team has the option to use all of the following tools and techniques to diagram some of these potential risks except for which one?
Question265: For the following group of numbers: 80, 10, 10, 50, 70 and 90. What is the standard deviation?
Question266: R & D project managers in high-tech companies most often motivate using _____ power.
Question267: Your project les need to be sent via overnight mail to your company's central office. If the les do not arrive tomorrow, your company will not be able to deliver the project on time and you will lose an important client. The deadline cannot be negotiated. The team worked right up to the last minute in order to give you the files. Due to a traffic jam, you are running late and the overnight delivery company will close in five minutes. You can only make it if you drive over the speed limit. Which of the following is correct?
Question268: When working in a matrix environment, all of the following are true regarding the Manage Project Team process except for which one?
Question269: Which of the following is buyer-prepared formal request sent to seller and is basis upon which seller prepares n bid?
Question270: A unilateral contract under which the seller is paid a preset amount per unit of service is called:
Question271: One of your tasks as a project manager is to prepare a Scope Statement for your project. The scope statement provides:
Question272: Which of the following are the part of WBS dictionary except:
Question273: What are the tools and techniques for project plan development?
Question274: In assigning your new project to you, the program manager tells you that this is a very high
visibility project and that executive management will be following your progress very closely with particular interest in use of the pyrotechnics that will be involved. This information is valuable input for your:
Question275: Product analysis is a / technique of which of the following prosses?
Question276: Which performance measurement tells you what the projected total cost of the project will be at completion?
Question277: Which of the following statements are false regarding the records management system?
Question278: Which is not a part of the project cost baseline but is included in the project budget?
Question279: You need to determine when to release resources from your project. Which part of the staffing management plan will be most useful for this?
Question280: Surveys have shown that the primary skill needed to be a project manager is communication skill. The typical project manager spends approximately ______percent of his or her time communicating.
Question281: At the end of an internal project, you find several key stakeholders including the sponsor reluctant to finally accept all deliverables and then close the project. What should not be your next step in this situation?
Question282: A team member approaches you with a change that could cut your schedule down by a month. What is the first thing you should do?
Question283: Communication always makes use of.
Question284: The traditional organizational form has the disadvantage of:
Question285: Which of the following is NOT a valid reason to authorize a project?
Question286: The project charter is a document designed to tell _____ exactly what the project entails.
Question287: What is the preferred method of verifying scope?
Question288: You are running a project to develop the production process for a future electronic component. You found out during some first test batches, that the precision is generally very good, but that you have some irregular outliers in a completely unpredictable pattern. What should you do?
Question289: Modern Quality Management means:
Question290: Which logical relationship does the PDM use most often?
Question291: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. To keep up with the demands you have been assigned with the responsibility of upgrading company's network and computing infrastructure. You planned to purchase a new high-end mainframe server. The new server will cost $250,000 and can be used for 10 years. After 2 years the resale value of mainframes will be 100,000. After 5 years the resale value of server will be 50,000. After 7 years the resale value of server will be 20,000. After 10 years, the server will be obsolete. What is the annual depreciation expense for this server if you use straight-line depreciation?
Question292: Risk diagramming techniques include all of the following except:
Question293: The project plan is used to do all of the following except:
Question294: When preparing the probability distribution of cost outcomes for a project, what is the estimate with a 15% probability of being exceeded approximately one standard deviation ___________?
Question295: A person's negotiating skills/temperament certainly are influenced by his/her culture. However, other factors, such as education and experience, also are at work. And over time, an individual who is living in a culture that is different from his or her own may take on characteristics of the new culture. This person may behave from a new frame of reference. With respect to negotiation, this illustrates the importance of-
Question296: Outputs from Organizational Planning include all of the following except:
Question297: In which of the following is the cost of risk hidden by the contractor?
Question298: You have been recently assigned to provide an accurate project schedule for a large construction company. You are evaluating the network diagram for the construction project. Your lead engineer has given you the following estimates for several critical path activity: 30 days (optimistic), 80 days (pessimistic), and 40 days (most likely). Which of the following statements are true, assuming the beta distribution?
Question299: Formal written correspondence is mandated in which of the following situations:
Question300: A poorly written detailed Project Scope Statement will impact all of the following EXCEPT:
Question301: You are reporting on project elements such as schedule status, deliverables completion, lessons learned, and resource utilization. Which of the following outputs of the Direct and Manage Project Execution does this describe?
Question302: The "zero defect" concept was proposed by:
Question303: Which of the following are least found to as a part of project?
Question304: An acceptance control chart has limits that are based on the spec. limits for the product rather than limits which differentiate between random and assignable causes. Under which of the following circumstances should a QC manager consider this type chart
Question305: Which statement describes best the term Sink node?
Question306: You work as project manager at a beauty products company. One of the primary product lines is hair-coloring/dye products. Your company's primary market is currently in the United States. However, your company is attempting to expand its distribution channels to Europe, specifically within the countries within the European Union. Your company has partnered up with several resellers within Europe to begin distribution of the cosmetic products into various retail channels.
One of your partners has just informed you that one of the restrictions imposed by the European Union is that hair-care products must NOT contain any carcinogenic products. However, your dye contains trace amounts of carcinogens. By
Question307: Which of the following best describes the complete set of indexed contract documentation, including the closed contract, for inclusion with the final project file?
Question308: The Conflict resolution method that should be used when there is a high concern for personal goals and a high concern for relationships is:
Question309: You are in process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following should be addressed when listing the roles and responsibilities EXCEPT:
Question310: Your project is close to completion, when you are informed by the customer that they would like to see an additional feature in the project. You realize that the feature was discussed with the project sponsor in an earlier meeting, and he categorically mentioned that he did not want this feature. What is the BEST course of action:
Question311: You've been hired as manager to design and construct a new casino in Las Vegas, over the next 18 months. Given the size of the project and the abbreviated time frame, you are attempting to identify ways to reduce the timeframes for many of various tasks. You've developed the WBS and created a Gantt chart using specialized scheduling software.
After analyzing the data, you've discovered several opportunities where tasks and phases may be overlapped in order to save time. This is an example of:
Question312: The Scope Statement is used in which process
Question313: Product documentation is input to what process
Question314: You have been hired as a contract project manger for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. One of the activities for this project is the installation and testing of several new servers. You know from past experience it takes about 16 hours per server to accomplish this task. Since you're installing 10 new servers, you estimate this activity to take 160 hours. Which of the estimating techniques have you used?
Question315: 2 people are arguing about what needs to be done to complete a task. If the project manager wants to know what is going on, she should pay MOST attention on:
Question316: A quality control manager decides to increase his daily sample size from three to six. The size of the control band will:
Question317: The risk monitoring and control process involves all of the following EXCEPT:
Question318: Make or buy decisions are usually made during the _____ phase of a project.
Question319: You are the project manager for a software company that develops sports-based video games. You have been assigned to develop a new 3D interactive basket ball video game. You have just completed the development of the project scope management plan. Which of the following processes did you just complete?
Question320: If a project needs to be terminated early, then you will have to do:
Question321: Michael works as a project manager at a construction company developing a new 150 story sky-scraper. He has asked a couple of his team members to return to warehouse to pick additional supplies. Since one of his team members is an expert electrician and since warehouse is close to where the Michael lives, he has asked his team mates to also stop by his house to fix some very minor electrical problems in his house. Is Michael behavior violating the PMI code of ethics?
Question322: You are the project manger at a biotech company, where you are leading a cross-functional team to develop a treatment for diabetes. The organization has a weak matrix structure, where all of your project team members report to different functional managers and none of the team member report to you directly. Your project has extremely high visibility in the company, and there is a lot of pressure on you to deliver on time and within budget. However, you are concerned whether you will have the necessary authority and power to complete the project deliverables. Which of the following types of powers will be MOST effective in your situation?
Question323: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade
will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses. Your project team has already created the WBS, developed estimates
for the work packages, and created the project network diagram. Which of the following should you perform NEXT?
Question324: You are the project manger assigned to perform seismic retro-fitting on an old office building. You are trying to estimate the costs for this project. You start by assigning the costs associated with each of the project activities. Then you sum up all the individual costs into a final cost estimate. Which type of cost estimating technique id you see?
Question325: Which of the following statements are FALSE regarding the activity duration estimating process?
Question326: A project manager is assigned to a project which phase of the project?
Question327: You have just been given a new project and are creating the project plan. You are reviewing team member planning assumptions, information from similar projects and the identified constraints and assumptions. What tools will you utilize in order to complete the project plan?
Question328: Which of the following is not an appropriate reason to provide members of your project team with additional training?
Question329: Which of the following is best for handling cross functional project needs for a large, complex project?
Question330: The main reason to plan team building activities (e.g. regular status review meeting, off-site team meets etc.) is to :
Question331: Which of the following are NOT described in the PMI's member Standards of Conduct?
Question332: All of the following situations will cause schedule activity duration estimates to directly
influence the cost estimates ESCEPT:
Question333: All of the following are examples of virtual teams EXCEPT:
Question334: According to James P. Lewis, which of the following is not provided by the framework of a Work Breakdown structure?
Question335: The Project Management Knowledge Areas ___________________ .
Question336: You are a project manager at day-old donuts, a rapidly growing franchise selling premium donuts at a discount. Currently your company is planning for opening new stores throughout the United States. You have been asked to open a store in Manhattan, New York. Construction on a new store is about to begin. You have determined the dependencies between activities on a project. One of the activity dependencies is that the trusses on the building must be installed prior to the installation of the roofing. Which of the following is true?
Question337: You are the project manager of a project .You have just completed the Collect
Requirements and Define Scope. What should you do next?
Question338: What is the purpose of the responsibility assignment matrix project management tool?
Question339: You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are valuable inputs to this process except:
Question340: You are a project manager working on a software development project. You've developed the risk management plan, identified risks, and determined risk responses for the risks. One of the risks you identified occurs, and you implement the response for that risk. Then, another risk occurs as a result of the response you implemented. What type of risk is this called?
Question341: You have been recently hired to be a project manager at a bio-tech company to develop a new drug to treat pancreatic cancer. The drug has been under development and clinical testing for past 5 years. The FDA is currently reviewing the clinical data in order to determine weather the drug has any serious side effects. If the FDA does NOT approve the drug, the project will be in trouble. This is an example of which type of risks?
Question342: A document which describes how project scope will be managed and how scope changes will be integrated into the project is: (choose the best answer)
Question343: Which of the following statements are false?
Question344: n schedule development, mathematical analysis often produces a preliminary early- start schedule that shows peaks and valleys in the resource requirements. Resource Leveling done to take care of this issue may result in all the following except:
Question345: Collect Requirements is:
Question346: Which of the following processes involves determining what resource and what quantities of each should be used to perform project activities?
Question347: Which of the following will have the greatest impact on a product or service's reliability and maintenance characteristics?
Question348: The organizational design of a project is critical to its successful management. Which of the following is not one of the three basic factors influencing decisions about the design of a project organization?
Question349: A WBS provides a framework from which all of the following can be done except:
Question350: You need to convey some very complex, detailed information to the project stakeholders.
What is the best method for communicating this kind of information?
Question351: One of key activities for achieving customer satisfaction is to define the:
Question352: In a Lump-sum contract, the profit is:
Question353: You are preparing project performance appraisals and have decided you'd like each team member to get feedback regarding their performance from several sources, including peers, superiors, and subordinates. Which of the following is true?
Question354: All of the following are true of Pareto diagrams except
Question355: If you know expected value is 500 and the standard deviation is 12, you can say with approximately a 95 percent confidence rating which of the following?
Question356: All of the following may hinder a person's ability to transmit/receive a message except:
Question357: You are managing a software engineering project, when two team members come to you with a conflict. The lead developer has identified an important project risk: you have a subcontractor that may not deliver on time. Another developer doesn't believe that the risk is likely to happen; however, you consult the lessons learned from previous projects and discover that subcontractors failed to deliver their work on two previous projects. You decide that the risk is too big; you terminate the contract with the subcontractor, and instead hire additional developers to build the component. Both team members agree that this has eliminated the risk. Which of the following BEST describes this scenario?
Question358: CORRECT TEXT
Monte Carlo simulation:
Question359: Which of the following is NOT found in a project charter?
Question360: You are evaluating several different motivational strategies to motivate your project team.
You subscribe to the belief that pray and salary may prevent job dissatisfaction, but will not lead to long term job satisfaction. You believe that over the long run pay and salary are NOT motivators. Which of the following motivational theories are you applying?
Question361: Please refer to this diagram:
Considering that the project has a negative float of 3 months, which of the following task(s) should be crashed to bring the project on schedule?
Question362: During which of the following phases is a project's scope statements developed?
Question363: With respect to risk management, which of the following statements are FALSE regarding Decision Tree Analysis?
Question364: Which of the following is not a project?
Question365: Which of the following processes is considered the most effective process to ensure that cultural and ethical differences do not impede success of your multi-national project?
Question366: You are the project manager for a new software development project. You are in process of assigning resources to your project using a work authorization system. Which of the following statements are FALSE?
Question367: You are the project manager for a cable service provider. Your project team is researching a new service offering. They have been working together for quite some time and are in the performing stage of team development. A new member has been introduced to the team. Which of the following statements is true?
Question368: The Contract management plan differs from the Procurement management plan by which characteristics?
Question369: Total Project Risk:
Question370: During what part of Procurement Management process does procurement negotiations happened?
Question371: In Configuration management, which of the following is necessary to maintain the integrity of Baselines?
Question372: All of the following are benefits of meeting quality requirements except which one?
Question373: The role of the _____ can be invaluable in problem solving.
Question374: Which of the following describes the longest path through a project schedule network after resource leveling?
Question375: Two project members have been having some disagreement about the best way to handle a problem. You ask both the team members to look at the positives and negatives of both their approaches, and give you their recommendation. Which of the following conflict resolution techniques did you use?
Question376: During the execution of a project to build a complex defence system, your team has run into a deep crisis.
The project's goal and objectives have been challenging right from the start, but now you discovered that your team members got increasingly unaware of them. Being busy solving detail problems, they often fail to understand the overall requirements. Then, they develop solutions which resolve issues in their area of limited responsibility, while creating new problems at the interfaces with other system components.
Meanwhile, the team members show signs of growing frustration, and time is running away. How can you help your team in this situation?
Question377: Project Cost Management includes all of the following except:
Question378: You are the project manager for the development of a new type of power plant. Your project is making fast progress, and it is getting nearer to the day of product acceptance. Which technique will be most important for product acceptance?
Question379: You are a project manager for Cinema Snicker Productions. Your company specializes in producing comedy films for the big screen. Your latest project has just been completed and accepted. You've been given your next project, which starts right away. Which of the following statements is true?
Question380: Quality and _____ are directly related.
Question381: Attributes quality data are:
Question382: Your lead engineer estimates that a work package will most likely require 50 weeks to complete. It could be completed in 40 weeks if all goes well, but it could take 180 weeks in the worst case. What is the PERT estimate for he expected duration of the work package?
Question383: The man-hours for project integration activities normally appear at which WBS level?
Question384: A customer requires from you a minor scope change and expects you to do this without delays and additional costs. You believe that you have adequate authorization to make the decision by yourself, but you are not quite sure.
What should be your next steps?
Question385: A company uses a management technique that employs quality assurance techniques to continuously improve all processes. This is called:
Question386: Which of the following is true about pure risk?
Question387: Which of the following types of power is the most effective in leading teams?
Question388: Which of the following is used to maintain an index of contract documents and correspondence, and assist with retrieving and archiving contracts documentation?
Question389: Configuration Management, Performance Measurement and Project Management Information Systems are all:
Question390: You are a project manager for a company that publishes children books. Five years ago, your company purchased a sophisticated printing press capable of high-volume production. The company originally purchased the printing press for $500,000.
However, printing press's current book value is $200,000. The $200,000 book value is best considered a:
Question391: You are managing a software engineering project, when two team members come to you with a conflict. The lead developer has identified an important project risk: you have a subcontractor that may not deliver on time. Another developer doesn't believe that the risk is likely to happen; however, you consult the lessons learned from previous projects and discover that subcontractors failed to deliver their work on two previous projects. The lead developer suggests that you have two team members take three weeks to research the component being built by the subcontractor, and come up some initial work that you can fall back on in case that subcontractor does not deliver. You decide to follow the lead developer's advice over the objections of the other team member. Which of the following BEST describes this scenario?
Question392: Reserve Analysis involves:
Question393: Which of the following best describes the conflict that arises when a project team member has dual reporting relationship between a functional manager and project manager?
Question394: How much time does the typical project manager spend communicating both formally and informally?
Question395: A team that is just forming needs:
Question396: Your project's primary constraint is quality. To make certain the project team members don't feel too pressed for time and to avoid schedule risk, you decide to use which of the following activity estimating tools?
Question397: A project manager has finished the project. He knows that the project scope has been completed and is within cost and time objectives set by management. Management, however, says that the project is a failure, because the original schedule was for 27 weeks and the project was completed in 33 weeks. If the project baseline was 33 weeks, the project is a success because:
Question398: Which is not an example of formal communication?
Question399: You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. Which of the following are outputs of this process EXCEPT:
Question400: In a project, you are presented with following four options. Which project should you
select?
Question401: Which of the following describes the assumptions made by the theory Y style of management?
Question402: You are the project manager at a financial services company. Your company has awarded a CPFF (cost plus fixed fee) contract to XYZ Corp, a financial consulting company, to develop a comprehensive workstation offering real-time advanced charting, decision support tools, and portfolio management.
The terms and conditions of the contract explicitly stipulate that XY Corp must provide weekly status reports and performance reports regarding the project work. However, the seller has failed to provide any status report for the past 3 weeks.
Which of the following is the BEST action to take?
Question403: Which of the following tool / technique are of develop project team process EXCEPT:
Question404: Managerial Reserves are:
Question405: Tools and techniques of performance reporting include
Question406: You are the project manger at XYZ Software Corp, a U.S software company developing enterprise Human Resources Applications. You've been asked to reduce the company's engineering costs by developing an off-shore software development centre.
Recently a senior VP of engineering has expressed concerns over the project plan. His concern is that if the project is implemented as planned, he'll have to layoff a substantial portion number of US based software engineers. The organizational impact of the layoffs is
substantial and was not taken into consideration during the project planning?
Question407: Which of the following is an output of Define Scope?
Question408: Variables quality data are:
Question409: The use of quality management tools is used to provide
Question410: What is one of the KEY objectives during contract negotiations?
Question411: Which of the following are examples of indirect costs?
Question412: You are a project manager for a software project. Your team buys a component for a web page but they run into defects when they use it. Those defects slow your progress down considerably. Fixing the bugs in the component will double your development schedule and building your own component will take even longer. You work with your team to evaluate the cost and impact of all of your options and recommend hiring developers at the company that built the component to help you address problems in it. That will cost more but it will reduce your delay by a month. What is your next step?
Question413: Percent complete is calculated by:
Question414: All the following are tools and techniques for performance reporting EXCEPT
Question415: You finished your project for a customer to implement a business software solution. All deliverables have been handed over and are already in use by the company. There is a minor last payment to be made by the customer on contract closure. You believe that it is now getting time to finally close the contract with the customer and then administratively close down the project.
You approached the customer this morning and found that they are reluctant to finally close the contract. But you do not exactly understand why. What should you not do?
Question416: In crashing a task, you would focus on:
Question417: You are currently in the closing process and are involved in the product verification. Which of the following best describes the purpose of product verification?
Question418: Team members want to work for a project manager that can provide them with career path planning. In which organizational form is career path planning difficult for project employees?
Question419: Risk classified as unknown unknowns (i.e., those which cannot be identified or evaluated):
Question420: All of the following statements are true regarding risk events except which one? Choose the least correct answer.
Question421: Which of the following statements are FALSE regarding weighting and screening systems?
Question422: You work at RFID-PM Inc, a publicly traded company that develops RFID technology. Radio Frequency Identification RFID is a method of remotely storing and retrieving data using devices called RFID tags/transponders. An RFID tag is a small object, such as an adhesive sticker, that can be attached to or incorporated into a product Your friend, Nelson, has asked you for the financial information regarding your company. So you decide to forward him the SEC (Securities and Exchange Commission) 10K filing/ financial statements from the SEC web-site. Hove you provided insider information regarding your company?
Question423: A risk management plan is a subset of the project management plan and describes how risk management should be performed. All of the following should be included in the risk management plan EXCEPT:
Question424: Creating Work Breakdown Structures (WBS) is very helpful in managing the project. The first step in creating a WBS is:
Question425: Project Risk Management includes all of the following processes except:
Question426: You are using the three-point estimating technique to estimate the duration of a schedule activity. You are given the following data:
[Pessimistic=100days] | [optimistic=40days] | [most likely=65 days]
Which of the following statements are true?
Question427: Which of the following statement about project phases and project life cycles is true?
Question428: Precedence diagramming method (PDM) uses which of the following dependencies
Question429: The Project Manager has the responsibility of knowing what kind of message to send because his _____ may avoid communications barriers.
Question430: Approved changes are implemented in which process?
Question431: 80% of the problems are found in 20% of the work is a concept of:
Question432: Your project was just completed. Because of some unfortunate circumstances, the project was delayed, causing cost overruns at the end of the project. Which of the following statements is true?
Question433: Of the following, which conflict resolution strategy is likely to yield the most productive results?
Question434: Mary is a project manager at a consulting company. The company regularly builds teams to create products for clients. When the product is delivered, the team is dissolved and assigned to other projects. What kind of organization is she working for?
Question435: Generally, when is the BEST time to create a procurement management plan?
Question436: Which of the following factors are NOT included in cost control?
Question437: Which of the following describes how the various risk management processes will be implemented, monitored, and controlled throughout the project and describes the criteria that are used to establish the risk threshold?
Question438: Situational leadership as defined by Hersey and Blanchard consists of the stages
Question439: You are in the process of controlling changes to the project schedule. All of the following are tool/ techniques of this process EXCEPT:
Question440: All of the following are tools/ techniques of Perform Quality Assurance EXCEPT:
Question441: Which of the following statements re true regarding Bidder Conferences, and Develop Qualified Sellers List?
Question442: What does a benefit-cost ratio of 3.22 indicate?
Question443: Parametric cost estimating involves
Question444: Which of the following concepts are associated with the "Cost of Quality" in project management? (Choose all that apply)
Question445: The process of choosing/documenting the best approach to achieve the project objectives is part of:
Question446: In which of the following scope management processes are subject matter experts used?
Question447: A WBS dictionary is a document which...
Question448: Which of the following is displayed as an S curve?
Question449: You are the Project Manager for a company doing research on alternative fuels for automobiles. In your project, which of the following is a valid assumption:
Question450: At 40% through your project you have a BCWS of $68,000 and a BCWP of $62,000. Your project is:
Question451: You are a project manager in a matrix organization. All of the following are disadvantages of this type of organization EXCEPT:
Question452: Which of the following processes uses the approved project schedule as an input?
Question453: At which stage, stakeholders have maximum influence on project?
Question454: The contract management plan is an output of which process?
Question455: Life cycle costing is the total cost to the customer for the acquisition and ownership over its full life. Life cycle costing categories include the cost of _____, _____, and _____.
Question456: Which of the following statements are true regarding Delphi technique?
Question457: You have been assigned to a project to build the largest
Question458: Which of the following is considered a direct cost for producing a widget?
Question459: Scoring methods,Comparative methods and economic and cash flow analysis are all part of _______.
Question460: Maslow ranked Human needs from the highest to lowest
Question461: The management theory that all people can direct their own efforts is:
Question462: You are project manager at a construction company who is working in a foreign country to perform reconstruction work for various infrastructure and utility services, including water, sewage, and electricity. You've been in the foreign country for a couple of week, and are beginning to feel disoriented. Which of the following best describes your experiences?
Question463: The tools and techniques of the Perform Quality Assurance process include all of the following except which one?
Question464: Random cause or system variation is:
Question465: Which of the following describes a group of elated schedule activities aggregated at some summary level, displayed reported as a single activity at summary level?
Question466: To accommodate a new project in your department, you need to move resources from one project to another. Because your department is currently working at capacity, moving resources will inevitably delay the project from which you move the resources. It would cause the LEAST negative impact if you move resources from which of the following projects?
Question467: Which statement is FALSE about project deliverable?
Question468: All of the following are true regarding Communications Planning except for which one?
Question469: Participative Management:
Question470: You are in the process of monitoring the various project processes and their performance. Which of the following is the LEAST appropriate tool/ technique to use in this process?
Question471: An electronic component had a reliability of 0.90. Two of these components are arranged in series in a subassembly. The system reliability for the sub-assembly is:
Question472: You are currently the project manager at a rapidly growing retailer of high-performance audio equipment. You have been asked to lead the project to expand the retail business in the Unite States. You are currently deciding amongst three promising geographic locations: New York, Seattle, and San Francisco.
You have been asked that San Francisco has a smaller market potential, but the probabilities of success is high. On the other hand, the New York market has larger market potential, but the probability of success is low. Your project team member has given you the following forecast. Which of the following statements are true?
Exhibit:
Question473: Your organization has the choice between several internal projects it could run. In order to select projects, the organization assessed their strategic importance, investment requirements, and expected cash inflow from the projects' products, services and results. What should the organization assess in addition?
Question474: You are the project manager at a large accounting firm in the United States. Throughout the year your firm provides both consulting services and accounting/ auditing services to XYZ Widgets, Inc, a publicly traded company listed on the New York Stock Exchange. Currently, your project involves auditing the financial statements of XYZ Widgets Inc, in preparation for the annual shareholders/ investors meeting. While your team is in the midst of project execution, you are informed that your project is due to new SEC regulations. Specifically, a new SEC regulation prohibits accounting firms from providing both consulting services and auditing services to a client, due to potential conflicts of interest that could arise from such business relationships. Hence your project is cancelled and your project team consisting of accountants and auditors are taken off your project and reassigned to another project. Which of the following statements are true?
Question475: If you are the project manager for a new project. You have collected the necessary input information and delivered the project charter to the stakeholders. What should you do next?
Question476: Screening of risk events for potential risk is known as _____ .
Question477: _____ is a method of procurement where a contract results from a bid which may be changed through bargaining.
Question478: Which of the following statements are FALSE regarding costreimbursable contracts?
Question479: Earned value analysis is performance reporting tools used in manage stakeholder process. Which of the following measurement should be used as a performance measurement baseline?
Question480: Which of the following statements are false regarding the Close Project process?
Question481: You are a project manager for Dutch Harbor Consulting. Your latest project involves the upgrade of an organization's operating system on 236 servers. You performed this project under contract. You are in the Contract Closure process and know that you should document which of the following? (Choose the best response.)
Question482: Which of the following statements is true regarding Close Project?
Question483: Mathematical models using linear, dynamic, integer, or algorithm models are considered
Question484: You are currently analyzing the schedule of a project. You have noticed that for certain critical-path activities in the project, the schedule completion date of activity versus the actual completion date of the activities differed significantly. Which of the following statements are
true?
Question485: Which is a phased budget used to measure and monitor cost performance on the project?
Question486: You gathered a lot of knowledge on project management in your business life. What is an appropriate use for that?
Question487: You have recently been named as the project manager of a new project under contract. The sponsor of the project gave you the contract which has been signed by the customer and a document Statement of work. He asked you to go on with initiation. Which document should you develop next?
Question488: Early activities are detailed and future activities are still at a high level is called?
Question489: All the following are conflict resolution modes except:
Question490: You are in the process project a project schedule for repainted your house, you first need to scrap off the existing paint, and then add a layer of primer. The primer provides the paint a better bonding surface so it sticks to the base material much better. Without priming, drywall surfaces will soak up more finish paint in some areas than in others, producing a splotchy effect.
You decided to speed up the process by starting priming before all the scraping is finished. However once the primer is applied you must wait until the primer dries before adding on the actual paint. You estimate that it will take 8 hours for the primary to dry. To correctly sequence these activities, which of the following should you do?
Question491: What is the lowest level in a work breakdown structure?
Question492: Which is an input to resource planning?
Question493: The most effective team motivator is:
Question494: All of the following are inputs to the Direct and /manage Execution process EXCEPT:
Question495: The time necessary to complete a project is called the _______ of a project.
Question496: Which of the following statements concerning compromise as a conflict resolution is false?
Question497: Certain resources have been added to tasks on the critical path so as to reduce the project duration. As a result the plan should then be reviewed for the:
Question498: You are the project manager for BB Tops, a nationwide toy store chain. Your new project involves a creating a prototype display at several stores across the country. You are using a RACI chart to display individuals and activities. What does RACI stand for?
Question499: Paraphrasing is most closely associated with which part of the communication process?
Question500: Which of the following is true regarding the project scope statement?
Question501: One of the engineers on your team performs a presentation to a perspective client about a proposed design. In answering questions, the engineer reveals that she does not agree with the way in which this system is engineered during the presentation. What are your options as the project manager of the engineer, listening to the presentation?
Question502: Quality assurance
Question503: The most common non-behavioral reason for projects being completed behind schedule and over budget is:
Question504: In what way does free float (FF) differ from total float (TF)?
Question505: Which of the following is not a major step of decomposition?
Question506: Quantitative risk analysis involves all of the following except:
Question507: Change requests are made against the ____________?
Question508: There are four general classes of products that the purchasing department seeks to obtain for production. Which is not one of these categories:
Question509: Your project team has already created the WBS, developed estimates for the work packages, and sequenced the project activities using the arrow diagramming method. In addition, your team has applied resource leveling and schedule compression techniques on the project schedule. Which actions should be performed NEXT:
Question510: Projects are initiated in response of:
Question511: Which of the following scheduling methods uses more of the risk management concepts:
Question512: You are involved in monitoring specific project results to determine whether they comply with relevant quality standards. You are using a control chart to illustrate how a process is behaving over time. You've constructed your control chart and determined that all the data points are within the upper and lower control limits of the chart. In addition, seven consecutive data points are observed to be on the one side of the mean. Which of the following is your BEST plan of action?
Question513: The applied level of change control is LEAST dependent upon:
Question514: What should you avoid when you are organizing documents as Lessons learned?
Question515: Cost Estimating is most closely linked with which other process?
Question516: You have been recently assigned to provide an accurate project schedule for a large construction company. You are evaluating the network diagram for the construction project. Your lead engineer has given you the following estimates for several critical path activity: 30 days (optimistic), 80 days (pessimistic), and 40 days (most likely). Which of the following dates can you commit with approximately a 95 percent confidence level, assuming a beta distribution?
Question517: Which is the Estimate Costs technique used most frequently in the early stages of a project.
Question518: The following individuals are responsible for determining the content of the Communications Management Plan.
Question519: A company is making a decision regarding which model of equipment to buy for its next project. The equipment has a life of 4 years. Model E will have a cost of owning of $ 600 a month. The following info is available for model G. Purchase price is $ 20000. Operational cost is $1000 per year. Mean time between failures is 10 months. Damage per failure is $550 dollars. Which of the following is true?
Question520: Obtaining formal project plan approval and sign-off is important for all of the following reasons except which one?
Question521: A project schedule can be presented in various formats. All of the following are valid formats of the project schedule EXCEPT:
Question522: You're managing a software project. Your team has discovered a problem, and as a result you've requested a change. The change will cost the project an extra three weeks, but
without it several stakeholders might have problems with the final product. What's the NEXT thing that you should do?
Question523: All of the following aid in achieving consensus EXCEPT:
Question524: Which of the following are the essentials regarding a project close-out? (Choose all that apply.)
Question525: According to Herzbergs theory, all the following are motivating agents except:
Question526: The project scope management plan is an output of which of the following process?
Question527: Quality control is normally performed by the _____ .
Question528: You are managing a design project. You find that bringing all of your team members into a single room to work increases their communication, and helps build a sense of community. This is referred to as a:
Question529: Your new product development project has resulted in a highly successful new product. You find that you are being promoted to lead a new business unit to produce and market the product. Your project is being terminated by:
Question530: You are using a Pareto chart to examine the defects that have been found during an inspection of your product. Which process are you performing?
Question531: You are a project manager at a real estate company that develops and manages commercial, retail and residential properties in United States and Europe. As a company continues to grow, the company's IT infrastructure is unable to meet business needs of organization. Specifically, you have been assigned to upgrade the company's IT infrastructure. Specifically, your team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop and implement lease tracking system, and implement HR and payroll systems and perform diagnostics and monthly closures.
Your project team has already completed all the initiating / project planning activities and received sign-off approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages. However, your client has just file a change request to add additional reporting functionality to the IT application. Fortunately you have already determined that this functionality will only add one week to the critical path. To accommodate with the request, you've determined that you could compress the schedule to recover one extra week. Which of the following should you perform NEXT?
Question532: Which of the following can you use to determine an individual's willingness to take a risk?
Question533: Which of the following statements regarding WBS are true?
Question534: You've decided to try your hand at project management in the entertainment industry. You're working on a movie production, and the team has just completed the storyboard phase of the project. Which of the following is true?
Question535: In your new company, you realize that some of the financial statements of the company do not follow US GAAP Accounting Standards and are hence inaccurate. In this case, what should you do first?
Question536: Which of the following is the cost-effective rule for shortening a project?
Question537: Trend Analysis is performed using ______.
Question538: A project is defined in the PMBOK as:
Question539: Which of the following is often overlooked in achieving effective communication?
Question540: When is the BEST time to have project kickoff meetings?
Question541: The terms of union contracts are considered ______________ in your project plan.
Question542: A notice sent to a sub-contractor about the contract is an example of which kind of communication?
Question543: You are a project manager with several years of experience in project management. You've just accepted your first project in a foreign country. You've been in the country a week or two and are experiencing some disorientation. This is known as which of the following?
Question544: Risks include the following types:
Question545: What is the lowest level in a WBS called?
Question546: Which factors have the strongest influence on customer satisfaction?
Question547: Situations calling for a matrix organization include outside pressure for dual focus, _____ and pressure for high information processing capability.
Question548: In order to let the project sponsor know the percentage of cost variance of your project, you calculate:
Question549: What is a risk owner?
Question550: Time management is the allocation of time in a project's life cycle through the process of:
Question551: When components in a system are arranged in parallel, system reliability be:
Question552: You are in the process of monitoring the various project processes and their performance. Which of the following are you least concerned with during the process?
Question553: Which organization, the project manager has total control of projects?
Question554: All of the following are true about Project Plan Execution except:
Question555: Increasing resources on the critical path activities may not always shorten the length of the project because:
Question556: Which of the following is true regarding product scope descriptions?
Question557: The work breakdown structure which is an output of scope definition is
Question558: What type of organization experiences the least amount of stress during project closeout?
Question559: You are a project manager working on gathering requirements and establishing estimates for the project. Which process group are you in?
Question560: Resource planning involves determining what ____________ resources and what _______________ of each should be used and when they would be needed to perform project activities.
Question561: A project has the following Earned value data assessed:
AC: $ 4,000,000
CV: $ -500,000 SPI: 1.12 BaC: $ 9,650,000
What is the Earned value of the project?
Question562: The unique identifiers assigned to each item of a WBS are often known collectively as:
Question563: You are in the process of tracking team member performance, providing feedback, and coordinating changes to improve project performance. Which of the following tools/ techniques is LEAST helpful?
Question564: Following are various outputs. Which output is a consequence of project plan execution?
Question565: Constraints do not include:
Question566: All of the following precedence relationships can be expressed using PDM EXCEPT:
Question567: Which of the following are the outputs of the activity resource estimating process?
Question568: A project manager discovers that a project problem has occurred. The problem was never discussed during risk planning activities or added to the risk register, and it will now cost the project money. What is the BEST response?
Question569: An informal communication network on a project and within an organization is called a(n):
Question570: Which of the following processes assesses the likelihood of risk occurrences and their consequences using a numerical rating?
Question571: Which of the following statement are FALSE regarding the probability impact matrix technique?
Question572: The project management executing processes include all of the following EXCEPT:
Question573: Your company has just presented its new five-year strategic plan. You have received a new product request from a customer that is in line with the previous five-year strategic plan, but it does not meet the objectives of the new plan. The product description seems to have a valid business driver and to be a straightforward development effort. As project manager, what is the BEST course of action?
Question574: Which statement relating to Core Processes and Facilitating Processes is true?
Question575: All of the statements are false regarding variance analysis?
Question576: Please refer to the chart given below:
What is the length of the critical path?
Question577: You have just completed the project planning process group and are ready to begin the project executing process group. You will need no perform all the following executing process except
Question578: Work performance information is an input to Cost Control process. It includes all of the following EXCEPT:
Question579: The activity list should include descriptions of activities. This is required to:
Question580: A project manager is planning the staffing levels that will be needed through the course of her project. She figures out the number of people that will be needed in each role over time and displays that information in a chart as part of her staffing management plan. What is that chart called?
Question581: Supporting details for activity cost estimates should include all of the following EXCEPT:
Question582: Which of the following is NOT an output of Monitor & Control Project Work?
Question583: Recommended corrective actions are an input to which process?
Question584: According to the PMI, who should develop the project charter?
Question585: The difference between a project and a program is that:
Question586: Which process is not included in Project Cost Management?
Question587: You are the Chief Technology Officer of a major stock exchange. You are in the charge of the project to reengineer the organization's back office accounting, billing and administrative system. Your project team is in the process of implementing the technical work required for the
project. However one of the stakeholders for your project is requesting variance changes to the project. Which of the following is the best approach to take the beginning of the project in order to manage the project?
Question588: According to the PMI which of the following is considered as a special case of contract closure?
Question589: All of the following are outputs the closure project process EXCEPT:
Question590: Your client, with which you have good relations, wants you to provide him with office supplies. This task is not supported under your contract. You respond to your client's informal request using which medium?
Question591: Which of the following are not used to create the scope baseline for a project?
Question592: You are a project manager working on a new software product your company plans to market to businesses. The project sponsor told you that the project must be completed by September 1. The company plans to demo the new software product at a trade show in late September and therefore needs the project completed in time for the trade show. However, the sponsor has also told you that the budget is fixed at $85,000, and it would take an act of Congress to get it increased. You must complete the project within the given time frame and budget. Which of the following is the primary constraint for this project?
Question593: People are motivated by the need for achievement, power, or affiliation according to which theory?
Question594: The principles of risk management should be followed only for:
Question595: During the opening rounds of contract negotiation, the other party uses a fait accompli tactic. Which of the following statements is true about fait accompli tactics?
Question596: A scope change is:
Question597: There are three projects:
Project A has an investment of $ 3,000,000 and NPV of $ 300,000 Project B has an investment of $ 2,000,000 payback period of 2 years and NPV of $ 200,000 Project C has an investment of $ 1,000,000 payback period of 2 years and NPV of $ 100,000. Which project should be selected if Net Present Value criteria is used for selection?
Question598: One of your friends is a project manager at a computer security company. She is currently managing a project for the development of a NAC (network admissions control) appliance that uses the network infrastructure to enforce security policy compliance on all devices seeking to access network computing resources, thereby limiting damage from emerging security threats.
Her project team has just completed the initial project budget and schedule and is ensure what to perform next. Which of following would you recommend as the NEXT BEST action to perform?
Question599: During project team formation and during the early phases of a project, the most common source of conflict within the project team is likely to be:
Question600: Which of the following is the configuration management activity that is involved with capturing, storing, and accessing configuration information needed to mange products?
Question601: When should the project expeditor form of organization be used?
Question602: During which project management process are risk and stakeholder's ability to influence project outcomes the highest at the beginning of the process?
Question603: Based on the chart, while completing the project, a team member tells you that the team forgot something during planning. Activity F needs the results of activity E before it can begin. Taking this new dependency into account, what would be the effect on the project?
Question604: According to labor law, which of the following management actions are prohibited during a union organizing drive?
Question605: Being assigned as a project manager, you noticed during executing that conflicts arise in the team on both, technical and interpersonal level. What is an appropriate way of handling conflicts?
Question606: Who are the audience of project charter?
Question607: A risk response which involves eliminating a threat is called:
Question608: You are working on a project and discover that one of the business users responsible for testing the product never completed this activity. She has written an email requesting that one of your team members drop everything to assist her with a problem that could have been avoided if she would have performed the test. This employee reports to a stakeholder, not to the project team. All project team members and stakeholders are colocated. Since your team needs her to also participate in an upcoming test, you decide to do which of the following?
Question609: You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the weighted average or expected value?
Question610: Which process group includes processes used to formally terminate all
activities of a project or a project phase?
Question611: You are currently working on a web development project to develop a new user-interface for a legacy mainframe banking application. You are under a Times and Material contract to develop a wed based interface for this application. You have finished the work 20 hours earlier than expected. This means that the profit of your company will decrease. What should you do?
Question612: All of the following are part of cost baseline EXCEPT:
Question613: A warranty may not be a remedy for products delivered unfit when _____ .
Question614: You are the project manager on an information technology project on which you and the sponsor have already approved the scope. An information specialist on your team, after having lunch with a low ranking customer representative working with him on a software project, learns that a simple alteration in the display would be a great addition to the project. The information specialist installs the change with no negative effect on the project schedule and at no additional cost. What action should be taken?
Question615: With respect to the earned value analysis, which of the following will tell you whether costs are higher or lower than budgeted?
Question616: You are currently on a 3-week vocation in Australia. You've decided to rent a car as your means of transport around the country. Driving in a foreign country can be potentially a risky activity as you are unfamiliar with the terrain. Hence, the probability of being involved in an accident is higher.
As a project manager, you are aware of various techniques used to respond to understand risks. You would like to apply your risk management knowledge to reduce the risks associated with your driving. Which of the following is the BEST example of risk avoidance?
Question617: You have eight key stakeholders to communicate with on your project. Which of the following is true?
Question618: Which risk analysis tool is used to model your risks on a computer to show random probabilities?
Question619: You are a project manager for Cinema Snicker Productions. Your company specializes in
producing comedy films for the big screen. Your latest project has just been canceled because of budget cuts. Which of the following statements is true?
Question620: Which of the following is not a measure of the profitability of a project or program?
Question621: Your project is coming to an end, and you are in the process of listing the activities that must be performed to close out the project. Which of the following should be performed during the closing processes?
Question622: When a majority of team members must agree before a decision is reached _____.
Question623: Which of the following statements is in agreement with McGregor's concepts concerning Theory X and Theory Y managers?
Question624: You are the Chief Technology Officer of a major stock exchange. You have just completed the WBS, and WBS dictionary with respects to reengineer the organization's back office accounting, billing, and administrative systems. Which of the following is the BEST NEXT plan of action?
Question625: Which of the following items is required when developing a detailed project cost estimate?
Question626: You are managing a project with 23 team members and six key stakeholders. Two team members identify a problem with the current approach. Addressing that problem will require changes to the project plan and its subsidiary plans. One of the stakeholders previously indicated that any delays are unacceptable, and your team members tell you that it's possible the change could cause the team to miss at least one critical deadline. What is the BEST way to deal with this situation?
Question627: Under what knowledge area is the primary process area for carrying out the work of the project?
Question628: Which of the following is true regarding NPV?
Question629: Which of the following statements are false regarding the administrative closure procedure?
Question630: Your company manufactures memory chips for workstation computer. Your project involves manufacturing a very high capacity memory chip. 128GB. You have worked on he same project two year ago to manufacture low capacity memory chip.2GB.
You are in the DEVELOP THE PROJECT CHARTER process. Which of the following inputs is least helpful?
Question631: Projects can be authorized for all the following reasons except:
Question632: In schedule development, you create a distribution of probable results for each activity and use it to calculate distribution of probable results for the total project. The technique that you are using is:
Question633: The Project Life Cycle:
Question634: It is argumentative whether project managers actually control costs. Which of the following is the most common element over which the project manager may have some degree of control?
Question635: The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .
Question636: You're managing a construction project to install several hundred air conditioner panels in a new office building. Every floor has identical panels. The customer, a construction contracting company, has provided specifications for the installations. The team is using a process to install and verify each panel. As the team completes each panel, your team's quality control inspector measures it and identifies defects. The root cause of each defect is identified. You want to identify the ongoing trends of defective installations. Which is the BEST tool to use for this?
Question637: You are the project manager responsible for renovating a 70-year old office building. You intend to hire an outside construction firm to seismic retrofit the building in order to make that the building can with stand large earthquakes. You are in the process of selecting a contract type best suited for this project. You would like to select a contract type that transfers the risks onto the seller for any cost risk and nonperformance issues. Which contract type should you choose?
Question638: Manual filing systems, electronic text databases, and project management software that allow team members to share information about the project are examples of:
Question639: Trend Analysis is best described as:
Question640: Which of the following is part of the expectency theory of motivation?
Question641: You are in the process of developing an approximation of the costs of the resources needed to complete each schedule activity. All of the following are outputs of this process EXCEPT:
Question642: A project has seven activities: A, B, C, D, E, F, and G. Activities A, B, and D can start anytime. Activity A takes 3 weeks, Activity B takes 5 weeks, and Activity D takes 11 weeks.
Activities A and B must be completed before Activity C can start. Activity C requires 6 weeks to complete. Activities B, C, and D must be completed before Activity E can start. Activity E requires 2 weeks. Activity F takes 4 weeks and can start as soon as Activity C is completed. Activity E must be completed before Activity G starts. Activity G requires 3 weeks. Activities F and G must be completed for the project to be completed. Which activities have float available?
Question643: You are currently the project manager for a software development project, developing a next generation data-mining tool. Your team is developing a new software product that will help customers better manage large volumes of data, especially for data reporting purposes. The CEO tells you that the project must be completed within 18 months. In order to meat theses strict deadlines you are currently in the process of estimating the duration of project plan activities, devising the project schedule, and monitoring and controlling deviations from the schedule. Which of the following Project Management Knowledge Areas are you involved in?
Question644: Which of the following depicts a hierarchical tabulation of physical assemblies, subassemblies and components required to manufacture a product?
Question645: The Cost Performance Index (CPI) measures
Question646: You are managing a construction project to install new door frames in an office building. You planned on spending $12,500 on the project, but your costs are higher than expected, and now you're afraid that your project is spending too much money. What number tells you the difference between the amount of money you planned on spending and what you've actually spent so far on the project?
Question647: You are in the process project a project schedule for repainted your house, you first need to scrap off the existing paint, and then add a layer of primer. The primer provides the paint a better bonding surface so it sticks to the base material much better. Without priming, drywall surfaces will soak up more finish paint in some areas than in others, producing a splotchy effect. Unfortunately, you have to wait once the primer is applied you must wait until the primer dries before adding on the actual paint. You estimate that it will take 8 hours for the primary to dry. To correctly sequence these activities, which of the following should you do?
Question648: Make payment to seller is done in _______ .
Question649: Obtaining team commitment depends on:
Question650: CORRECT TEXT
All of the following statements are true regarding simulation and Monte Carlo analysis EXCEPT:
Question651: To calculate the expected value of an outcome:
Question652: A cost management plan is:
Question653: Integrity in the project management field is accomplished through all of the following except which one?
Question654: Which of the following estimates would MOST accurately reflect the actual costs involved on a project?
Question655: Under what circumstances is it better for a contractor to subcontract?
Question656: Which of the following is not an Output of the Scope Initiation Process?
Question657: Which of the following is NOT a tool/ technique of the Develop preliminary Project Scope Statement process?
Question658: Which of the following can be used to determine what work is included in each work package for each of your team members?
Question659: Which of the following statements are true regarding various activity scheduling tools?
Question660: The party that needs the change resulting from the project, and who will be its custodian on completion is the
Question661: Schedule model data, which is an output of the schedule development process, includes all of the following EXCEPT:
Question662: Earned value should be used to estimate final project costs because it.
Question663: Residual and secondary risks are outputs from
Question664: All the following are true about Project Plan Execution except:
Question665: General management encompasses:
Question666: You are in process of reviewing all change requests and controlling changes to deliverables and organizational process assets. All of the following are outputs of this process EXCEPT:
Question667: What is one of the advantages of a functional organization?
Question668: Your project sponsor has requested a cost estimate for the project. She would like the cost
estimate to be as accurate as possible because this might be her one and only chance to secure the budget for this project because of recent cuts in special projects. You decide to use _______________.
Question669: Which of the following project communication management process is within the executing process group?
Question670: You are a project manager for Dakota Software Consulting Services. You're working with a major retailer that offers its products through mail-order catalogs. It is interested in knowing customer characteristics, the amounts of first-time orders, and similar information. The stakeholders have accepted the project scope. Work has begun on the project, and you're confirming some of the initial work results with the stakeholders. You've asked for acceptance of the work results. Which process are you in?
Question671: What is typical for Critical chain project management?
Question672: All of the following statements are true regarding conflict management EXCEPT:
Question673: You are the project manager for a software company that develops children's video games. You have been assigned to develop a new game that makes mathematics fun for children. You need to gather necessary information to write the project scope management plan. Which of the following information do you NOT need as inputs to your current process?
Question674: You are in the process of obtaining necessary human resource to complete the project. All the following are tools you can use except:
Question675: All of the following are common uses for a "War Room" except:
Question676: A recurring communication pattern within the project organization or company is called a:
Question677: Which of the following are inputs to the close project process except:
Question678: There is project with CPI of 0.81 and TCPI=1.00001 this project is
Question679: During contract closure, a procurement audit includes all of the following EXCEPT:
Question680: Which of the following statements is true regarding the critical path?
Question681: Which is not part of the Earned Value calculations?
Question682: A work authorization system is a _________________ for sanctioning project work to ensure that work is done at the right time and in the proper sequence.
Question683: Part of being a project manager involves dealing with conflict. According to John Adams, Ph.D., there are five methods for dealing with conflict. Some of them are used for temporary fixes, some provide more permanent resolutions. Which of the following is used for temporary resolution?
Question684: Which of the following processes are performed in the Closing process group and in what order?
Question685: You are the project manager for a construction company that is building a new city and county office building in your city. Your CCB recently approved a scope change. You know that scope change might come about as a result of all of the following except which one?
Question686: What happens if the level of conformance directly increases as a consequence of new processes?
Question687: You are in the process of directing the performance of planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following are outputs of this process EXCEPT:
Question688: When should risk identification be performed? (select best answer)
Question689: Which is a valid response to positive risks?
Question690: Standard of purchased material:
Question691: You are managing a software project. You are partway through the project, and your team has just delivered a preliminary version of part of the software. Your team gives a demonstration to the project sponsor and key stakeholders. Later, the sponsor informs you that there is an important client who will be using the software your team is building, and whose needs are not being met. As a result, you must now make a large and expensive change to accommodate that client. What is the BEST explanation for this?
Question692: This measurement is the value of the work that has been completed to date compared to the budget.
Question693: You are currently in the process of prioritizing risks by their impact or probability of occurrence. Which of following tools/ techniques are LEAST useful?
Question694: The zero defects concept
Question695: You are an information security project manager responsible for securing your cooperate network. Due to new regulations mandated by the Sarbanes-Oxley act your company's upper management has tasked you with securing the company's network infrastructure. Unfortunately, you lacked detailed knowledge regarding firewall and IPS-related technologies. You are relying on an outside security consulting firm to provide you with expert judgment regarding these technologies. You are trying to forecast how often you'll require their expert judgment during your project. Expert judgment is a tool/technique in all of the following processes EXCEPT:
Question696: Which of the following is NOT included in activity duration estimated?
Question697: Which of the following best describes the project human resource management knowledge Area?
Question698: The use of quality management tools is used to provide
Question699: Proposals are seller prepared documents that describe the seller's ability to provide requested services. Which of the following processes is used to elicit the proposal?
Question700: Which of the following describes the input to the direct and manage project execution that is used to bring the project back in line and is the part of feedback loop?
Question701: In most jurisdictions, a legally required order of formal statements establishing a contract is:
Question702: You are the project manager of ABC organization. You have to choose best project from available choices. Which of the folowing is the BEST choice?
Question703: While doing risk response planning, you realize that there is a very critical risk which may have a high impact on the project completion. So, you create a fallback plan which could include any of the following conditions EXCEPT:
Question704: Which of the following processes serve as inputs to each other?
Question705: To calculate the late start and late finish dates for a set of tasks , you must do:
Question706: You are a project manager working on contract with a company in a foreign country. At the project kickoff meeting, you are given an expensive-looking gift. The person who presented this to you said that it is customary in their country to give their business partners gifts. What is the most appropriate response?
Question707: The profitability and technical data studies are provided in report format to owners and
funders for acceptance. This type of report, used to solicit funding, is referred to as a(n) _____.
Question708: You are in process of exterminating which set of project activities will take the longest to complete. Which of the following is the MOST appropriate tool to use?
Question709: Linear programming is an example of what type of project selection criteria?
Question710: You are the project manager for a railroad construction project. Your sponsor has asked you for a forecast for the cost of project completion. Which of the following is the BEST metric to use for forecasting?
Question711: Your project team has created a new way to process claim forms. You want to know the percentage of claims that are now being paid within 10 days. To measure the number of claims that meet the 10-day goal vs. those that don't, which of these quality control techniques would you use?
Question712: The project charter should be issued by
Question713: Integrated change control includes the following activities EXCEPT:
Question714: The document that authorizes the release of organizational resources to the project is the
___________?
Question715: Which of the following statements are FALSE?
Question716: You are a project manager of ABC organization. There is two projects to choose the best one. Project X will take 3 years to complete and has NPV value $70,000 and Project Y will take 5 years to complete and has NPV value $60,000. What is the opportunity cost of selecting Project X?
Question717: All are the part of scope baseline except:
Question718: A WBS is an input to all of the processes EXCEPT:
Question719: Which of the following statements regarding WBS are FALSE?
Question720: Which of the following is not an external-unpredictable risk?
Question721: The risk management plan is a subset of the project management plan and describes how risk management should be performed. All of the following should be included in the risk management plan EXCEPT:
Question722: Which of the following statements concerning bottom-up estimating is true?
Question723: You are the project manager for developing a next-generation search engine for internet. Instead of using simple word or link analysis methods, your search engine will use a sophisticated algorithm based on latent semantic indexing. You are in process of creating the detailed project scope statement. All of the following should be included in the detailed project scope statement EXCEPT:
Question724: Which of the following organization holds the project manager's authority the weakest
Question725: You are running a major project with four sub-projects. Each of the sub-project managers has developed a risk management plan, identified many risks, analyzed them and planned for risk response.
It is now two months later. What should you not do?
Question726: Receivers in the communication model filter their information through all of the following except ___________________.
Question727: Which of the following is not an activity of configuration management during the Integrated Change Control process?
Question728: A project manager and team from a firm that designs railroad equipment are tasked to design a machine to load stone onto railroad cars. The design allows for two percent spillage, amounting to over two tons of spilled rock per day. In which of the following does the project manager document quality control, quality assurance, and quality improvements for this project?
Question729: You are in the process of developing an approved project schedule that will serve baseline against which the project can be tracked. All of the following can be following are required as part of schedule development EXCEPT:
Question730: All of the following can be used to estimate contingency reserves during activity duration estimating except:
Question731: A type of organization in which the project manager has little formal authority and basically acts as a staff assistant to an executive who is ultimately responsible for the project is called:
Question732: You are the project manager at an auto manufacturer. Due to the recent rise in the cost of petroleum, the market demand for hybrid cars with high fuel efficiency ahs increased. Your company has identified the multi-billion dollar market opportunity for highly fuel efficient vehicles.
However, your organization does not have enough resources and expertise to exploit this opportunity. Hence, your organization has decided to identify the qualified candidates. Which of the following best describes the type of strategy you are using to deal with this market opportunity?
Question733: Which of the following Project Human Resource Management process is within the Executing process group?
Question734: You are the project manager for Design Your Web Site, Inc. Your company is designing the website for a national grocery store chain. You have your activity list in hand and are ready to diagram the activity dependencies using the PDM technique. Which of the following statements is true?
Question735: If you are project manager, After a change request has been denied, you should:
Question736: Which of the following statements are true regarding the scope baseline for a project?
Question737: Which of the following depreciation methods provides for accelerated depreciation of an asset:
Question738: Satisfaction of the functional requirements of a product is called _____ .
Question739: The ability to achieve cost savings is inversely proportional to _____.
Question740: The functional organization is effective with a mature product or single product line.
Question741: Tools and techniques for scope planning include
Question742: What is Benefit cost ratio (BCR)?
Question743: Which of the following BEST describes the procedures by which the project schedule can change, and includes the paperwork, tracking systems, and approval levels necessary for
authorizing changes?
Question744: You are in the process of tracking identified risks, monitoring residual risks, and executing the risk response plans. Which of the following tools/ techniques are you LEAST likely to use during this process?
Question745: Contingency planning is a means to _____ risks to the project through a formal process
and provides the resources to meet the risk events.
Question746: Which of the following project management areas contains the manage stakeholders process?
Question747: The core planning processes include:
Question748: One of your project team members has made a technological breakthrough on an R & D project. The result will be new business for the company, as well as a company patent. The team member received a company bonus. The motivational strategy used here is:
Question749: A project may be defined as _____
Question750: You have just prepared an RFP for release. Your project involves a substantial amount of contract work detailed in the RFP. Your favorite vendor drops by and offers to give you and your spouse the use of their company condo for your upcoming vacation. It's located in a beautiful resort community that happens to be one of your favorite places to go for a getaway. What is the most appropriate response?
Question751: Team development is undertaken to improve performance. Which of the following is not a way in which team development improves team performance?
Question752: Which of the following is NOT and output of manage stake holders process?
Question753: Which of he following best describes the risks that still remain after avoidance , transfer, or mitigation responses have been implemented?
Question754: Which of the following is the MAIN reason for including incentive clauses in a
contract?
Question755: Which of the following best describes secondary risks?
Question756: Management reserve is needed on projects. According to the PMBOK Guide, which of the following is true about management reserve?
Question757: All of the following are outputs of the Integrated Change Control process except for which one?
Question758: You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
You have just finished developing the risk response plan for the project. Which of the following is the BEST action to perform next?
Question759: You are the project manager in the I.T. department of a major hospital. Your current project involves developing a web-based interface for legacy mainframe patient-tracking application. Your current project has recently experienced a change where many of the agreed-upon WBS elements were modified as a result. Which type of change has occurred within your project?
Question760: In WBS diagramming, the work package is:
Question761: Affinity diagrams are used to:
Question762: As a PMP, one of your responsibilities is to ensure integrity on the project. When your personal interests are put above the interests of the project or when you use your influence to cause others to make decisions in your favor without regard for the project outcome, this is considered which of the following?
Question763: What is the work breakdown structure typically used for?
Question764: Who can apply the project selection methods to decide whether to accept or reject a project?
Question765: A Gantt chart is useful in determining
Question766: You are in the process of completing and selling each contract, and resolving any open items. All of the following are inputs you require EXCEPT:
Question767: Planning components are tools of activity definition process. Which of the following are planning components?
Question768: Which of the following is NOT an example of a type of schedule report?
Question769: Sunk costs are:
Question770: Constructive team roles include:
Question771: If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month of the project?
Question772: The senior executive of the company where you work requires a monthly schedule update of your project. Which of the following items would you send to the executive?
Question773: You are the project manager for a company that sells online music. The company is growing so well that the company has outgrown its I.T infrastructure. In fact, the company's current infrastructure is unable to handle the terabytes of music download each day. As a result, the company has decided to outsource its music download infrastructure to a third party content management vendor. The content management vendor will host the compressed music files across its geographically distributed web server farms, and handle all the logistics with music file downloads and data streaming. On your qualified sellers list, you have identified one potential vendor MusikCM. Your procurement department is conducting an independent estimate of costs of the proposals in order to compare the vendor prices. However, your procurement department has identified a large difference between the independent estimate and the proposed vendor cost. In which process is this taking place?
Question774: The degree to which written policies, procedures, rules, and job descriptions guide the behavior of personnel involved in projects is called:
Question775: Network schedules are prepared during the _____ phase and updated during the _____ phase.
Question776: The Change Control Board should be _______?
Question777: Which of the following describes the assumptions made by the theory X style of management?
Question778: You expect the types of variances that have occurred on the project to date to continue. If
BAC = 800, ETC = 275, PV = 300, ACC = 200, EV = 250, and CPIC = 1.25, what is the EAC?
Question779: You are a project manager for Waterways Houseboats, Inc. You've been asked to perform a cost-benefit analysis for two proposed projects. Project A costs $2.4 million, with potential benefits of $12 million and future operating costs of $3 million. Project B costs $2.8 million, with potential benefits of $14 million and future operating costs of $2 million. Which project should you recommend?
Question780: In the closing phase of your project, a number of administrative issues must be completed. A concern is to assess project effectiveness. One way to accomplish this task is to--
Question781: Which of the following activities can be considered as part of risk mitigation
Question782: You have been hired as a project manager for a small local bank. The banks wants you to design and develop custom online bill pay software so that its customers can pay their bills online. You are ready to begin the activity definition of your project. You have identifies the scope statement, the WBS, and talked with the SME's. In addition, for security reason, you have been informed that project team members must NOT have criminal history with the FICO score of 700 or above. In addition you've requested that the bank purchase the necessary transaction processing software, although the software is not yet available. What else do you need before you begin activity definition?
Question783: "A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style:
Question784: In which of the following situations would the PERT method be applied most?
Question785: Who is the stakeholder of the project?
Question786: The outputs of the Close Project process include all of the following except for which one?
Question787: Being the project manager in a high risk electronics project with a lot of new
technologies, you developed a Risk management plan and identified risks which you documented in a Risk register. Then, the risks were analyzed and response planned.
It is getting obvious during Risk monitoring and control meetings: The documents which you created are not very helpful. What have you probably done wrong?
Question788: The risk management plan us a major component of
Question789: Which of the following is not a definition to determine a product's ability to operate as intended?
Question790: Activity A has a duration of 3 days and begins on the morning of Monday the 4th. The successor activity, B, has a finish-to-start relationship with
Question791: You are project manager of project and senior management told you complete the project within 6 months and use 5 resources.
This is an example of:
Question792: Which of the following statements are true regarding the Expectancy theory?
Question793: You're the project manager on a software project that is planning out various approaches to technical work. There's a 20% chance that a component you are going to license will be dif cult to integrate and cost $3000 in rework and delays. There's also a 40% chance that the component will save $10,000 in time and effort that would have been used to build the component from scratch. What's the EMV for these two possibilities?
Question794: The difference between the BCWS and the BCWP is referred to as the:
Question795: In your company, for making investment decisions, the senior management prefers to use a rate that equates present value of cash inflows with present value of cash outflows. This can also be called:
Question796: The LEAST effective form of communication for complex situations is:
Question797: Which of the following tools/ technique of the quality planning process can be used to identify the project variables that will have the greatest impact on overall project outcomes and results?
Question798: Which of the following statements most accurately describes the difference between plan purchases and acquisitions and plan contracting?
Question799: Cost of quality includes:
Question800: There are some costs like legal costs or insurance costs are categorised as:
Question801: Project risk is characterized by three factors: _____.
Question802: Which of the following documents is not used as input for product acceptance?
Question803: During what phase of project lifecycle is the level of risk and uncertainty is the lowest?
Question804: You are developing the project charter for a new project. Which of the following is NOT part of the enterprise environmental factors?
Question805: The logical relationship that communicates a delay between the start/finish of one activity and the start/finish of another activity is referred to as:
Question806: The project manager must receive reports and briefings from engineers, contracting officers, procurement personnel and marketing people. The project manager's communication dilemma is one of:
Question807: The net present value of $110 one year from now at 10% is:
Question808: During the six month update on a 1 year, $50,000 project, the analysis shows that the BCWS is $25,000; the BCWP is $20,000 and the ACWP is $15,000. What can be determined from these figures?
Question809: Of the following, which usually exhibits the slowest rate of change?
Question810: Conflict management requires problem-solving. Which of the following is often referred to as a problem-solving technique and used extensively in conflict resolution?
Question811: All of the following are tools/ techniques of the develop project team process EXCEPT:
Question812: You are a project manager of ABC Company and your project is currently in execution phase. The customer has requested you for additional work. This work will affect the budget but not the schedule of the project. What should you do next?
Question813: Which of the following statements are true regarding the critical chain method?
Question814: Monte Carlo analysis is
Question815: A company is about to begin work on a large construction project to build four new buildings for a bank that wants to open new branches. The sponsor is writing a project charter. She recalls that a previous project the company performed for another bank ran over budget because the team had underestimated the effort required to install the reinforced walls in the vault. The previous project manager had documented the details of the lessons learned from this project. Where should the sponsor look for these lessons learned?
Question816: Which of the following is not considered a constraint in Organizational Planning?
Question817: All of the following statements regarding Bidder conferences are TRUE EXCEPT:
Question818: Which knowledge area does not provide input into cost budgeting?
Question819: Reverse analysis is a tool/ technique in all of the following processes EXCEPT:
Question820: Which of the following statements are true?
Question821: The customer has decided that he wants blue walls instead of gray. You have not painted the walls yet. What should you do?
Question822: Confirmation that the project has met all customer requirements for the product of the project is provided as part of:
Question823: Which of the following is NOT considered an organizational process asset?
Question824: Which of the following statement are true regarding the CPI (cost performance index) measurements?
Question825: A chart of accounts is use to:
Question826: You are using three point estimating technique to estimate the estimate of a scheduled activity. Which of the following statement are true given the following data:
Pessimistic= 100 days Optimistic= 40 days
Most likely= 65 days
Average =66.6 days
Question827: The performance review interview is a vital component of any personnel evaluation system.
Which of the following is not a characteristic of an effective personnel evaluation interview?
Question828: Which of the following is the correct order of the Monitoring & Controlling processes for Scope Management?
Question829: Which of the following describes tool/ technique where expenditure of funds is reconciled with the funding limits imposed by the performing organization?
Question830: Which of the following is a formal invitation that requests a formal response that describes the method of work and associated compensation.
Question831: Communications is best described as:
Question832: Quality may be defined as:
Question833: This process uses tools like decomposition and rolling-wave planning to produce the activity list and other outputs. Because of the purpose of this process, which of the following is considered its primary input?
Question834: Which of the following statement are false regarding issue logs?
Question835: The utility of a risk seeker is:
Question836: Exhibit: Please refer to the exhibit.
You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores as well as on its website. You're developing the project schedule for this undertaking. Looking at the following graph, which path is the critical path?
Question837: You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
As the project comes to an end, you've determined that the CPI is 1.2 and SPI is 1.1. In addition, you've determined that the project team has added six reporting capabilities and functionalities that were overlooked in the project management plan. Upper management is very satisfied with the results of your project. Which of the following BEST describes the project's success?
Question838: Which of the following contracts should you use for projects that have a degree of uncertainty and require a large investment early in the project life cycle?
Question839: You are in the process of controlling changes to project cost baseline. Which of the following is the LEAST helpful input?
Question840: You are in the process of directing the performance of a planned project activities and managing various technical and organizational interfaces that exist within your project. All of the following are required inputs EXCEPT:
Question841: Inspections are also called each of the following except for which one?
Question842: Which is not part of the Earned Value calculations?
Question843: Which of the following would be the MOST appropriate thing to do during the monitoring and controlling process group?
Question844: In an organization, project managers report directly to the head of a Project management office (PMO). In this case, which statement is probably not true?
Question845: The scope statement provides
Question846: All of the following are true regarding stakeholder analysis except for which one?
Question847: In the PDM, common constraints include:
Question848: Using the chart, what is the lowest cost of crashing this project to save four weeks?
Question849: You are a contract manager within an information technology department of a large retailer. You are responsible fro developing a new ecommerce web-site for the retailer. You are in process of
selecting the vendor who will provide the hardware, including computer servers and networking equipment. As a project manager, you are in the Select Sellers process, and have three different vendors on your qualified sellers list who have responded to your company's RFP. One of the vendors remaining on the qualified sellers list is NetComp Inc. you are an investor of this company. In fact, you own 2% of total outstanding shares of this company. In order to prevent any appearance of impropriety, what should you do?
Question850: You are a PM at a pharmaceutical company. You are the project manager in charge of the development of a new drug that will reduce the after effects of chemo-therapy. What is an assumption that you might have as part of your project plan?
Question851: Which of the following process involves measures project and product scope performance and managing scope baseline changes?
Question852: Which of the following statements is MOST true regarding Activity A, considering the following table?
Exhibit:
Question853: You are managing a project where you work with 7 other team members and two sponsors. How many lines of communications are there between stakeholders on this project?
Question854: Which of the following is not a tool or technique of project plan execution?
Question855: Which may be employed to shorten a schedule without changing the scope of the task?
Question856: Over half of conflicts on projects are caused by:
Question857: Risk management methodology should be adhered to in:
Question858: You are the project manager responsible for constructing new 100-unit apartment in downtown Manhattan. As part of construction project, you are planning to outsource the electrical wiring of the building to an outside contracting firm. The contracting firm has requested a statement of work from you. Which of the following statements are FALSE regarding the contract SOW?
Question859: You are a project manager for the manufacture of children's toys. Your project team is in the process of designing a new children toy for new year Christmas season. Your project team has worked together for the last six months, and has become a self directed team, with little, if any supervision required. A new member has just added to the team. Which of the following statements are true?
Question860: Each of the following statements is true regarding the risk management plan except for which one?
Question861: You are the project manager at a large automaker in Japan. Your project involves designing the next generation four wheel drive Sports Utility vehicle for the Asian market. Your project team is attempting to determine the right combination of suspension, tires and chassis that
will ensure the stability of SUV at high speeds. Your team members are using statistical methods to identify which factors will influence specific variables related to vehicle stability. This
method is best described as:
Question862: Which of the following describes the longest path through a project schedule network after resource leveling?
Question863: Which of the following statement regarding WBS are true?
Question864: Which of the following conflict resolution techniques describes a situation where each of the parties involved in the conflict give up something in order to reach a solution?
Question865: A review of your project team member's most recent performance reports shows a major drop in output. Which is the best approach to raise team productivity in a project?
Question866: You are the project manager for Heartthrobs by the Numbers Dating Services. You're working on an updated Internet site that will display pictures as well as short bios of prospective heart-breakers. You've just completed your project staff assignments and published the project team directory. Which process are you in?
Question867: Which of the following options would you take to determine what impact a change had?
Question868: Which of the following best describes the amount of time one can delay the start of a task without delaying the start of a successor task?
Question869: Your friend is a project manager at a real estate company that develops and manages commercial, retail and residential properties in United States and Europe. As a company continues to grow, the company's IT infrastructure is unable to meet business needs of organization.
Hence she has been assigned to upgrade the company's IT infrastructure. Specifically, her team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop a lease tracking system, and implement HR and payroll systems and perform diagnostics and monthly closures. Her project team has already completed all the initiating / project planning activities and received sign-off/ approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages. However, she has just received a change request to add additional reporting functionality to the project deliverables. She calls a meeting of her project team to determine how to proceed with the change. This is an example of which of the following?
Question870: A factor that limits the project team's options, such as a prescribed due date, is called a:
Question871: Inputs to Team Development include all except
Question872: Which of the following statements are NOT true regarding corrective actions?
Question873: All of the statements are true regarding Analogous Estimation EXCEPT:
Question874: A project is considered to be complete when
Question875: Project coordination is enhanced through progress reporting, variance reporting, and cross-
team meetings. These are all forms of:
Question876: You are in the process of controlling changes to the project scope. All of the following are tools/ techniques you can use EXCET:
Question877: You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project Scope Planning process and created the Scope management plan. However, upon review, you have determined that the resulting project scope management plan is ambiguous and poorly written. A poorly written project scope management plan will directly impact all of the following EXCEPT:
Question878: You are managing a project with a total budget of $450,000. According to the schedule, your team should have completed 45% of the work by now. But at the latest status meeting, the team only reported that 40% of the work has actually been completed. The team has spent $165,000 so far on the project. How would you BEST describe this project?
Question879: As a project manager, you're responsible for maintaining and ensuring integrity for all of the following except which one?
Question880: Activity definition inputs include all except:
Question881: Communication planning is most tightly linked with what process:
Question882: In which of the following scope management processes is the scope management plan prepared?
Question883: All of the following are considered schedule network analysis techniques EXCEPT:
Question884: At what stage in the project life cycle would costs be the lowest?
Question885: Traits of a participative manager include:
Question886: Which of the following statements regarding quality audits are FALSE:
Question887: Which of the following are included in the Acquisition phase(s) of the project life cycle.
Question888: You are a project manager at a real estate company that develops and manages commercial, retail and residential properties in United States and Europe. As a company continues to grow, the company's IT infrastructure is unable to meet business needs of organization. Specifically, you have been assigned to upgrade the company's IT infrastructure. Specifically, your team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop and implement lease tracking system, and implement HR and payroll systems and perform diagnostics and monthly closures.
Your project team has already completed all the initiating / project planning activities and received sign-off approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages. However, you would like to make a minor change to the project management plan. You have already investigated the options on how to implement the change and determined that the change has no effect on the components of the "triple constraints". Which of the following should you perform NEXT?
Question889: Researching, organizing and recording pertinent information is called:
Question890: You are a project manager for Bluebird Technologies. Bluebird writes custom billing applications for several industries. One of your users verbally requests changes to one of the screen displays. You explain to her that the change needs to go through the change control system, which is a subset of the configuration management system. You explain that a change control system does all of the following except for which one?
Question891: You could obtain measuring equipment with very high accuracy and precision. You used it to make a sequence of measurements directly at a production process output and depicted the results on the following Control chart.
Exhibit: Which statement is the best conclusion from these results?
Question892: You are project manager and now in middle of creating RFP(Request for proposal). RFP(Request for proposal) is done in _______.
Question893: Post-mortem analysis of a project shows a CPI of 0.8 and an SPI of 1.25. What is a plausible explanation for that?
Question894: The WBS usually:
Question895: You are the project manager for a new website for the local zoo. You need to perform Qualitative Risk Analysis. When you've completed this process, you'll produce all of the following as part of the risk register update output except which one?
Question896: All of the following statements are true regarding ground rules except:
Question897: Under the terms of 2/10 net 30, the buyer may:
Question898: The Delphi Method is well-suited for:
Question899: All of the following are tools of Perform Quality Control EXCEPT:
Question900: Which of the following statements are true regarding project ending?
Question901: You have been assigned to a project in which the objectives are to expand three miles of the north-to-south highway through your city by two lanes in each direction. You are interested in implementing a new project process called Design-Build in order to speed up the project schedule. The idea is that the construction team will work on the first mile of the highway reconstruction at the same time the design team is coming up with plans for the third mile of the reconstruction rather than completing all design before any construction begins. This is an example of
Question902: You are the project manager for Changing Tides video games. You have produced a project schedule network diagram and have updated the activity list. Which process have you just finished?
Question903: Which of the following scheduling techniques incorporates a form of risk assessment?
Question904: The salvage value of an asset is:
Question905: When there is uncertainty associated with one or more aspects of the project, one of the first steps to take is to:
Question906: A new project manager is having difficulty creating a WBS with the team. To alleviate this situation, the project manager should ask for help from:
Question907: Which of the following helps you identify the root cause of 80% of the defects in your project using the 80/20 rule?
Question908: Considering alternate suppliers is a form of _____.
Question909: Perhaps the biggest problem facing the project manager during integration activities within a matrix structure is:
Question910: Which of the following statements are false regarding the cost change control system?
Question911: Risk Management Plan may include:
Question912: A common mistake in communications is to _____ of the receiver.
Question913: You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in the process of developing the project schedule and would like to access the feasibility of your project schedule under various different conditions. Which of the following scheduling techniques is the LEAST appropriate?
Question914: Which of the following relationships is used in Arrow Diagramming Method [ADM]:
Question915: Your goal as a project manager is to manage stakeholders to the best of your ability. However, if there are conflicts among stakeholders, they should usually be resolved in favor of:
Question916: The process of determining who needs what information, when they need it, and how it will be given to them is:
Question917: At appropriate times during your project, you issue task orders that describe what work is to be done, who is to do it, and when it is to be done. This is an example of:
Question918: According to the PMBOK Guide, the project statement of work should contain or reference all the following elements except for which one?
Question919: Your top team member has performed extremely well, and you want to reward her. She knows that you don't have enough money in the budget to give her a bonus, so she approaches you and requests an extra day off, even though she is out of vacation days. She asks if she can take one of her sick days, even though the company doesn't allow that. Which of the following is correct?
Question920: Scope definition is necessary to
Question921: All of the following statements are true regarding the configuration control board (CCB) EXCEPT:
Question922: All the following statements relating to Cost Management Plan are accurate except:
Question923: You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in the process of developing the project schedule and would like to identify the project risks and associated risk response plans. Where would you be able to retrieve this information?
Question924: You are the project manger at a biotech company, where you are leading a cross-functional team to develop a treatment for diabetes. The organization has a weak matrix structure, where all of your project team members report to different functional managers and none of the team member report to you directly. Your project has extremely high visibility in the company, and there is a lot of pressure on you to deliver on time and within budget.
However, you are quiet new to the company joining company just 3 weeks before. Hence you are concerned whether you'll have necessary authority and power to complete the project deliverables. Which of the following types of powers will be MOST effective in your situation?
Question925: The party that needs the change resulting from the project, and who will be its custodian on completion is the
Question926: The type of power most infrequently used by the PM is
Question927: Which of the following best describes decomposition?
Question928: Product acceptance criteria should be laid down in which document?
Question929: You've been hired by a large consulting firm to evaluate a software project for them. You have access to the CPI and EV for the project, but not the AC. The CPI is .92, and the EV is $172,500. How much money has actually been spent on the project?
Question930: In communications management, to assimilate through the mind or senses is the process of:
Question931: In a team meeting, two of the managers start a discussion that escalates into an argument. In order to restore peace to the meeting you point out the part of the conflict that they both agree to and using friendly tones try to defuse the current situation. This is an example of what type of conflict management?
Question932: To manage risks in your project, and communicate with stakeholders, you use several reports. Examples of some reports that could be used include all the following EXCEPT:
Question933: Which of the following statements are FALSE regarding project time management?
Question934: What are the schedule variance and the schedule performance index if BCWP= 350: ACWP= 400, and BCWS= 325?
Note: Budgeted Cost of Work Performed (BCWP), Actual Cost of Work Performed (ACWP) and Budget Cost of Work Schedule (BCWS)
Question935: The authority to accept or reject a requested change in a large and complex project, should rest with _____?
Question936: A Run chart is a useful tool to show...44
Question937: You are currently in the process of prioritizing risks by their impact and probability of occurrence. Which of the following tool/technique is least useful?
Question938: The lowest dollar amount 'at stake' is associated with the following phase of the project:
Question939: A project is considered to be complete when
Question940: All of the following statements are true regarding the RBS except for which one?
Question941: Arbitration is a _____ approach to conflict management in resolving conflict disputes.
Question942: You are in the process of developing an approximation of the costs of the resources needed to complete each schedule activity. All of the following are tools/ techniques you can use in this process EXCEPT:
Question943: What is the main difference between the project charter and the preliminary scope statement?
Question944: What is necessary to check whether the scope of the project is being met?
Question945: When should the Project schedule be developed?
Question946: You've identified a risk event on your current project that could save $100,000 in project costs if it occurs. Which of the following is true based on this statement? (Choose the best answer.)
Question947: Which of the following statements describes the result of resource leveling?
Question948: Which of the following items would be the most important aspect to communicate in an introductory meeting where the prime construction contractor in a renovation project withdrew during early construction and a new contractor was chosen and new crews reported to the job?
Question949: The business needs, strategic plan, and product scope description all describe elements of which of the following?
Question950: Which is not a part of the project cost baseline but is included in the project budget?
Question951: What does letter of agreement include?
Question952: You are the project manager for the manufacturer of children's toys. Your project team is in the process of designing a new toy for children for next year's Christmas season. Your 5members are working together for past six months and has become a complete self-directed team with little, if any management supervision required. All five members are in constant communication
with each other.
How many lines of communications are their in your project team?
Question953: Which of the following statements are TRUE:
Question954: Which organization has set the de facto standards for project management techniques?
Question955: During your assignment as project manager you add a new member to your project team. This new team member was recently hired from a competitor and offers to share a substantial amount of proprietary information from his previous company. This information could put you and your team in a very strong position for future business. You are aware of a non- compete clause in the new hire's condition of employment. You should:
Question956: Your project is in the final test stage, the user acceptance test. It meets all the product specs and is under planned costs. In term of schedule, this project is ahead. Your customer meets you and requested that he will not accept the product unless you make several changes. What you should do is:
Question957: You have just completed Qualitative Risk Analysis of the project. What should you be doing next?
Question958: Your company is making a strategy shift: form being focused on fulfilling customer requests for becoming the best cost dairy producer in industry. Its existing cost manufacturing cost system, however fails to capture the costs associated with handling special flavors, small production orders, and complex delivery and order processing options. Hence you've been assigned to supervise an existing project to develop a new time-drive, activity-based costing system that will
capture the full complexity of the company's operations and gives managers new insights into the profitability orders, products, and customers. Senior management will use the information to enhance process efficiencies, negotiating new terms with customers, and attempt to win new business. Unfortunately, you have very limited knowledge of this technical area. Fortunately, some of your project team members are highly technical, and hence you've decided to delegate most of the project management activities to them. Specifically, you have delegated schedule development, cost estimating, an assignment of project activities to your technical team members, while you serve as an occasional coordinator of project activities. Which of the following will be the MOST likely result of this arrangement?
Question959: A program is characterized as:
Question960: Which of the following can affect network durations?
Question961: All of the following statements are true regarding the procurement management plan EXCEPT:
Question962: You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are absolutely crazy about its potential. The corrective action is canceled, and you continue to produce the product with the newly discovered enhancement. As the project manager, you know that a change has occurred to the product scope because the glitch changed the characteristics of the product. Which of the following statements is true?
Question963: Subnetwork are a term used in reference with which of the following?
Question964: The Java development of a project is outsourced to India. The project schedule is starting to slip. What is the LEAST likely cause of the slippage?
Question965: The critical path in a network is the path that:
Question966: You have been recently been assigned to provide an accurate project schedule for constructing a new 50-story casino, in Las Vegas, Nevada. You are evaluating the network diagram for the construction project, and are using the forward pass calculations to construct the schedule.
You are trying to calculate the earliest start time for laying the foundation of the building. The expected duration for this task is 150 days. The task must be completed within 300 days, while the expected completion is within 220 days. The latest finish time is 200 days. Based on this information, what is the earliest start time of this task?
Question967: You are in the process of contacting sellers to obtain bids and proposals. You found out that it may be time-consuming to ensure that they have a clear and common understanding of the procurement process and of the needs of your project. Which technique may help you saving time?
Question968: In a sender-receiver model, all the following are true except:
Question969: Project Procurement Management includes:
Question970: The project charter is prepared in which scope management process?
Question971: You are the project manager for a cable service provider. Your project team is researching a new service offering. They have been working together for quite some time and are in the performing stage of Develop Project Team. This stage of Develop Project Team is similar to which of the following?
Question972: Which of the following processes is involved with allocating the overall cost estimate to individual work activities?
Question973: You are in the process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:
Question974: The widget production project is well underway. The requirements are clear that each widget must weigh between 0.320 and 0.325 ounces. The first day of test production resulted in 1247 widgets. Of the widgets inspected, 47 percent fell within the acceptable weight range. This is an example of:
Question975: You must produce 27 widgets. You can only produce 9 widgets per production run. Each production line setup costs $1000. Each widget consumes $10 worth of material and $5 worth of labor. What is total variable cost for producing one widget.
Question976: Probability-impact matrix, risk data quality assessment, risk categorization, and risk urgency assessment are tool/ techniques of which process?
Question977: In a matrix organizational form, MBO may be difficult to implement:
Question978: Which of the following might require rebaselining of the cost baseline?
Question979: Utility Theory:
Question980: You have completed the Information Distribution Process and are now in a position to make needed information available to project stakeholders in a timely manner. All the following could be outputs from Information Distribution EXCEPT:
Question981: You are the project manager at a construction company. Your company is in the process of developing a 500-unit apartment complex. Your company has subcontracted all the electrical wiring of the building to XYZ Electrical. The subcontractor's work involved wiring the building for electrical power, as well as cable and Internet/Ethernet wiring. The subcontractor has just completed the work, and you are in process of inspecting his work. However, you've just discovered that the subcontractor forgot to install the Cat-5 Ethernet/Internet cabling throughout the building. The subcontractor's performance did not meeting the contractor requirements. Which of the following statements are true?
Question982: ___________ is/are an uncertain event that or condition that, if it occurs, has appositive or negative effect on a project.
Question983: Which of the following statements are not true regarding corrective actions?
Question984: You are in a meeting with someone who just ate a slice of garlic bread. Your are distracted by his pungent breath. Which of the following communication barriers describe these distractions?
Question985: Activities with zero time duration are referred to as:
Question986: You are in the process of reviewing all change requests and controlling changes to deliverables and organizational process assets. All of the following are INPUTS except:
Question987: In which of the following contract types does the buyer have the most cost risk?
Question988: You are in the process of making project staff assignments. You have several candidates for a position on the project team that requires specific qualifications. All the candidates seem to meet the qualifications. You also consider personal interests, characteristics, and availability of these potential candidates. Which of the following is true?
Question989: A negative cost variance and positive schedule variance means:
Question990: Your sponsor announce to you and your team that his/her door is open to everyone wishing to discuss project problems. Yet, the sponsor seems to be annoyed whenever someone does stop by, even when discussing a serious problems. This is an example of.
Question991: You are the project manager and responsible for quality audits. You have been accused of being a fanatic because of your practice of conducting not one, but multiple, quality audits on a project. Which one of the following types of audits is not an example of a quality audit?
Question992: Resource reallocation from non critical to critical activities is an example of which
Project Scheduling technique:
Question993: You have been hired as a project manager for a small local bank. The bank wants you to design and develop custom online bill pay software so that its customers can pay their bills online. You are ready to begin the Activity Resource Estimation process for your project. Which of the following would you NOT consider when developing the activity resource requirements document?
Question994: Which of the following is not a typical reason for authorizing a project:
Question995: The WBS is:
Question996: Going from Level 2 to Level 4 in the work breakdown structure will result in
Question997: Inputs to contract administration include
Question998: You are the project manager for Insomniacs International. Since you don't sleep much, you get a lot of project work done. You're considering recommending a project that costs $575,000; expected inflows are $25,000 per quarter for the first two years and then $75,000 per quarter thereafter. What is the payback period?
Question999: The time phased budget that is used to measure and monitor cost performance is:
Question1000: With respect to earned value analysis, which of the following is the value of work actually completed?
Question1001: You are in the process of defining how to plan and execute the risk management activities for your project. Which of the following statements are FALSE?
Question1002: Which of the following statements are TRUE regarding various Activity
Scheduling tools?
Question1003: Lessons learned are most often based upon project historical records. Lessons learned can be used to:
Question1004: All of the following are objectives of a buyer-conducted performance review EXCEPT:
Question1005: Proper implementation of project management will guarantee that:
Question1006: All of the following are constraints that can limit flexibility in human resource planning
EXCEPT:
Question1007: Which of the following facets of a project are usually affected by change requests?
Question1008: You are using three point estimating technique to estimate the duration of a schedule activity.
Which of the following statements are true given the following data:
Pessimistic: 100 days Optimistic: 40 days Most likely: 65 days Average: 68.33 days Variance: 151.38
Question1009: You are managing a software project. The stakeholders have found a few requirements that were missed in the initial Project Scope Statement. You put the requested changes through change control and they are approved so you need to update the Scope Statement to include the new work. Where can you find the most updated version of the Scope Statement?
Question1010: Which of the following defines, the procedures by which the cost baseline may be change, including the paperwork, tracking systems, an approval levels for authorizing changes?
Question1011: Which of the following can be used to determine what work is included in each work package for each of your team members?
Question1012: You are the project manager of a company that is building ATM software for a large bank and financial institutions. You have been told that the ATM software must meet very stringent quality standards. Including rigorous auditing of all transactions, ability to recover in case of software/ hardware errors, and fraud detection/analysis and robust two-factor authentication. The ATM system has been shipped to several large banks and customers. However, one of your customers is complaining that your ATM system does not adequately perform two-factor authentication. In fact, there is a potential vulnerability in the software that would allow a sophisticated attacker to withdraw money from other people's account. In light of these issues, your company has decided to recall all the ATM systems, and perform a hardware/ software upgrade. Which of the following best describes these costs associated with your project?
Question1013: A risk impact scale that uses rank-ordered values as very low, low, moderate, and high is considered:
Question1014: You are a project manager for the manufacture of children's toys. Your project team is in the process of designing a new children toy for New Year Christmas season. With the rapidly approaching deadline, your team members are frequently arguing with each other, even if they agree on some real issues. Within, your team there is a strong resistance to quality approaches and resistance to new tasks. Which of the following stages of develop project team best describes your team?
Question1015: Conflict resolution techniques that may be practiced on a project include ___?
Question1016: Project information can be shared by tam members and stakeholders through a variety of methods. Which of the following are NOT considered information retrieval systems?
Question1017: Given this portion of the network diagram to the right, what's the LF of activity F?
Question1018: Scoring models, comparative approaches and benefit contribution are all part of:
Question1019: An input to the scope planning process is:
Question1020: Which statement describes best the purpose of brainstorming sessions?
Question1021: You are in the process of creating a project plan for the launch of a new drug. While creating the plan, your Finance Manager provided some insights about marketing the new drug which was very beneficial to you. This shows that:
Question1022: Which of the following is not a cost of non-conformance?
Question1023: The best way to insure quality conformance is to _____.
Question1024: You are the Chief Technology Officer of a major stock exchange. You are in charge of a
project to reengineer the organization's back office accounting, billing, and administrative systems. Your project team has completed all the technical work required for the project and just scope verification. All of the following are actions you should perform next EXCEPT:
Question1025: You are the project manager at an utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternates of energy. Your team has just produced the work break down structure. However, upon review, you discover that the WBS lacks the necessary details and requires more decomposition. A poorly defined WBS will directly impact all of the following EXCEPT:
Question1026: All of the following statements are true regarding scatter diagrams?
Question1027: You are the project manger at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternatives forms of energy. You are in the process of developing the project charter. All of the following are tools/ techniques that you can use to develop the project charter EXCEPT:
Question1028: Which is not an activity attribute:
Question1029: What are the strategies for dealing with positive risks?
Question1030: Which type of warranty is enacted if a service or product does not meet the level of quality specified in the contract?
Question1031: Which of the following statements are FALSE regarding Project closure documents?
Question1032: A key barrier to team development is:
Question1033: The overall intentions and direction of an organization with regard to quality as formally expressed by top management is a:
Question1034: You are responsible for the communication controls for the Genesis series of satellites. Your current assignment is:
Question1035: In negotiating with functional department managers, project managers often find themselves using what two party conflict management approach?
Question1036: Which of the following statements are true regarding project endings?
Question1037: With respect to the cost of quality which of the following individuals are responsible for developing the "fitness for use" approach?
Question1038: You are the project manager assigned to construct a new 10-story office building. You are trying to estimate the costs for this project. You start by assigning the costs associated with each of the project activity. Then you sum up all the individual costs into a final cost estimate. Which type of cost estimation technique did you use?
Question1039: Which of the following statements regarding Schedule Network Analysis is true EXCEPT:
Question1040: You work for a large manufacturing plant. Your firm is thinking of initiating a new project to release an overseas product line. This is the company's first experience in the overseas market, and it wants to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the
Question1041: A project customer and a contractor agreed on regular Quality audits during execution by a third party audit team, which is working on an assignment for the customer.
What should the contractor have prepared for the audits?
Question1042: Using the data shown: TARGET COST: 12,000, TARGET FEE: 1000, SHARE RATION:
80/20 and PRICE CEILING: 14,000. The profit at the point of total assumption is:
Question1043: You are the project manager at Day-Old donuts, a rapidly growing franchise selling premium donuts at discount. Currently your company is planning on opening additional store throughout United States. Your primary market includes densely-populated, metropolitan cities. Your company is evaluating different companies fro evaluation including New York, San Francisco, and Los Angles. Based on the following data which project is recommended?
Project New York-Initial cost of $250,000 First year cash flow$ 50,000. $25,000 cash flow per quarter after Project Los Angles-Initial cost of $200,000 First year cash flow$ 50,000. $12,500 cash flow per quarter after Project San Francisco-Pay back period of 24 months
Question1044: Cost estimating:
Question1045: As a project manager of a construction company, you always prefer to do concrete curing during the weekend holiday, because no work can be done on the building for 2 days while the concrete curing is being done. This helps you decrease the:
Question1046: Assume that you have a network where an activity on the critical path can be crashed by two weeks. If the activity is actually crashed by two weeks, then:
Question1047: What does a project manager need to perform the Manage project team process?
Question1048: Which of the following is NOT a cost estimation tool or technique?
Question1049: Which of the following are NOT part of the PMI professional code of contact?
Question1050: Geert Hofstede's cultural dimension of Individualism refers to...
Question1051: Fixed-price contracts place more risk on the _____ .
Question1052: The _____ specification delineates specific end use capabilities which can be tested in the acceptance procedure.
Question1053: All of the following statements regarding quality metrics are true EXCEPT:
Question1054: Project alternatives are examined during the _____ phase of the project
Question1055: Each of the following statements describes an element of the Develop Project Management Plan process except for which one?
Question1056: The primary consideration of product management is to know the _____.
Question1057: You are the project manager for a company that sells online music. The company is growing so well that the company has outgrown its I.T infrastructure. In fact, the company's current infrastructure is unable to handle the terabytes of music download each day. As a result, the company has decided to outsource its music download infrastructure to a third party content management vendor. The content management vendor will host the compressed music files across its geographically distributed web server farms, and handle all the logistics with music file downloads and data streaming. On your qualified sellers list, you have identified one potential vendor MusikCM. Your procurement department is conducting an independent estimate of costs of the proposals in order to compare the vendor prices. However, your procurement department has identified a large difference between the independent estimate and the proposed vendor cost. Which of the following statements are FALSE?
Question1058: Lessons learned are most often based upon project historical records. Lessons learned can be used to:
Question1059: A project manager on a construction project includes a line item in the budget for insurance for the equipment and job site. This is an example of:
Question1060: Non-verbal communication includes:
Question1061: You have been hired as a project manager for a local bank. Bank wants to develop and design the custom online bill pay software so that its customer can pay bills online. You are ready to begin the activity duration estimates for your project.
Two years ago you were involved in prior project where a team of ten programmers were able to create similar bill pay software in 180 days. Therefore in estimating the duration of this new project, you decided to use 180 days as an estimate. This is an example of which type of estimating technique?
Question1062: Which of the following are Information Gathering Techniques required for Risk Identification?
Question1063: You are a project manager for a company that sells online music. The company is going so well that company has outgrown its I.T infrastructure. In fact the company's current infrastructure is unable to handle the terabytes of music downloads each day. As a result company decided to give music download to 3rd party content. On your qualified seller list you have identified one potential vendor, music CM. your procure department has identified a large difference between the independent estimate and proposed vendor cost. Which of the following statements are true?
Question1064: Which of the following statements are FALSE regarding project funding requirements?
Question1065: Back charges refers to:
Question1066: Project Procurement Management has the following processes:
Question1067: You have been asked to submit a proposal for a project that has been put out for bid. First you attend the bidder conference to ask questions of the buyers and to hear the questions some of the other bidders will ask. Which of the following statements is true?
Question1068: What percentage of sales is estimated to be the cost of non-quality?
Question1069: Roger works for a manufacturer of automotive engines. He has been recently assigned to supervise and mange the manufacturing of a new model of diesel engine. He informs \roger that his new assignment will be to have 500 units of the new diesel engine manufactured in 60 days. Roger is currently in the process of analyzing activity sequences, activity durations, and resource requirements in order to develop the project schedule.
Which of the following processed is Roger performing?
Question1070: If a project manager is using observation and conversation to help control the project, she must be involved in which process?
Question1071: Which of the following is the MOST valuable result of creating the work breakdown structure?
Question1072: At what stage in a project are Administrative closure activities performed?
Question1073: "The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is:
Question1074: You have had your Scope Definition approved and are working on your budget and schedule. In order to estimate the labor costs and the schedule you need to know who your team members are, and what their skill level is. You consult your staffing management plan and your staffing pool description. By following the recruitment practices and working with the procurement department to negotiate for various external contractors you are able to complete a project directory. All these are steps in what process?
Question1075: A histogram ordered by frequency of occurrence that shows how many results were generated by each identified cause is:
Question1076: You have been hired as a project manger for a local community college. The community college wants you to design and develop a custom student registration web site, so that student can select and register for their classes online. Your project is nearly complete. However near the end of the project your team experienced some technical difficulties that caused cost overrun and schedule delays. This information may be useful in future projects in all of the following activities except:
Question1077: Which of the activities have negative slack, given the table below? Exhibit:
Question1078: If the Earned Value is equal to Actual Cost, What does it means:
Question1079: Which of the following statements are false regarding the close project process?
Question1080: The applied level of change control is least dependent upon:
Question1081: You are presented the following schedule data regarding various project activities on a critical path:
Exhibit:
You are told that the project has negative float of 4 months. What is the minimum amount it will cost to save four months by crashing the project?
Question1082: Which of the following statement are correct regarding managing stakeholders except:
Question1083: The normal risk of doing business that carries opportunities for both gain and loss is called:
Question1084: You are about 30% through a project. In reviewing the product requirements you realize that one of the product functionalities has been omitted in the project plan. At this point you:
Question1085: As a Project Manager on replacing 2 miles of sewer pipe part of your job is to determine if there are changes to the scope of the project, the schedule, the budget and the technical requirements. These responsibilities are part of which process:
Question1086: Which of the following actions is an example of risk response:
Question1087: All of the following statements are true regarding the cost control process EXCEPT:
Question1088: Your company provides answering services for several major catalog retailers. The number of calls coming into the service center per month has continued to increase over the past 18 months. The phone system is approaching the maximum load limits and needs to be upgraded. You've been assigned to head up the upgrade project. Based on the company's experience with the vendor who worked on the last phone upgrade project, you're confident they'll be able to assist you with this project as well. Which of the following is true?
Question1089: Which of the following are outputs of the Develop Project team process?
Question1090: Which of the following is true regarding schedule variances?
Question1091: Techniques for conducting product analysis include:
Question1092: Reserve Analysis is a technique for:
Question1093: Which of the following is not considered a cost of nonconformance to quality?
Question1094: You've just completed the WBS. Which of the following statements is true?
Question1095: You are the project manager at the Java Ice Cream Factory. You are currently supervising the manufacturing of a new flavor of ice cram JavaBean Burgundy Crunch. The manufacturing of this new flavor was proceeding as planned, until a manufacturing error occurred that requires corrective actions to be taken. To ensure the effectiveness of corrective actions, corrective actions frequently require which of the following?
Question1096: Life Cycle Costing:
Question1097: Which of the following is NOT a stakeholder?
Question1098: Which of the following is not a consideration in selecting project staff members?
Question1099: Which of the following does not contribute to increased Schedule Risk?
Question1100: Which of the following statements are true regarding bar charts?
Question1101: The project Network Diagram is an input to what process?
Question1102: When should a project manager be assigned to a project?
Question1103: Which contract type consists of - target costs & profit, ceiling prices and shared ratio of risk?
Question1104: In which stage of the negotiation meeting are points of concession identified?
Question1105: The engineering department has just reported that a small plastic insert can be used as an acceptable substitute for an expensive molybdenum bearing in the warp drive you are creating. They submit a change request that is the result of:
Question1106: The process of monitoring specific project results to determine if they comply with relevant quality standards is called:
Question1107: In organizing a project, a project manager must deal with conflict. Which statement is true regarding conflict in projects?
Question1108: Which of the following is an output from Cost Control?
Question1109: Approval to proceed is normally made at the end of the _____ phase of a typical project.
Question1110: Which of the following statements are FALSE?
Question1111: What is the factor which will help a project manager gain the maximum support of the assigned project personnel?
Question1112: All the following are advantages of GERT (Graphical Evaluation and Review Techniques) as compared with PERT (Project Evaluation and Review Technique) except:
Question1113: Which of the following must not performed in the project initiation process?
Question1114: You are in the process of making information available to project stakeholders in a timely manner. All of the following statements are true EXCEPT:
Question1115: The risk register is an input to all of the following processes EXCEPT:
Question1116: Which of the following statements are FALSE regarding the relationship between project phase and project life cycles?
Question1117: Which of the following is a tool or technique used in integrated change control?
Question1118: Operations and projects share many characteristics.
Question1119: In which of the following contract types is the seller's profit limited?
Question1120: Which statement describes best handling of assumptions during the Initiating processes?
Question1121: Poor allocation of time and resources and inadequate quality of the project plan should be classified in which of the following risk categories?
Question1122: As the project manager, which of the following techniques would you employ to control the project schedule?
Question1123: All of the following statements about acceptance sampling are true except:
Question1124: A clear definition of the user's needs serves as the direct basis for the:
Question1125: When referring to inputs for schedule development, responsibility (i.e. who will perform the work), activity type (i.e. summary or detailed) and WBS classification are part of:
Question1126: How can a Process flow chart help in Quality management?
Question1127: You are a project manager of ABC company. You have created the project charter and it is not approved from buyer. But your manager is forcing you to start the project right away. What is the BEST thing to do?
Question1128: All of the following are activities of the configuration management system except for which one?
Question1129: Outputs of procurement planning include
Question1130: Which of the following compression techniques increases risk?
Question1131: Which knowledge area involves organizational theory as a tool/technique?
Question1132: Projects are typically authorized as a result of one or more of the following needs:
Question1133: The accounting head asks an assistant to cut the payroll checks today. The head later arrives to sign the checks, only to find that the assistant shredded (cut) the blank check forms. Which phrase best describes this lack of communication.
Question1134: Which of the following is not an example of project integration management:
Question1135: Resource leveling _____.
Question1136: You are the project manager at Day-Old donuts a rapidly growing franchise selling premium donuts at a discount. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion including
France, Germany and England. Your steering committee used a weighted score model and found that in England with a score of 75, provided the best opportunities for expansion. Which of the following statements are true?
Question1137: All of the following statements regarding bidder conferences are true EXCEPT:
Question1138: All of the following statements re true regarding contract negotiation EXCEPT:
Question1139: Which of the following describes the cost of quality associated with scrapping, rework, and downtime?
Question1140: You have been assigned to a project to build a large 30-story condominium in Las Vegas. The condominium will feature luxurious amenities like state of the art work-out facilities, conference centers, valet services, maid services, spas, gourmet dining and resort style pools.
You've calculated the estimated project completion date. However, the estimated completion date is 2 months after the desired completion date. After analyzing the project network diagram, you've determined that many of the activities have discretionary dependencies. To decrease the project duration, you've requested additional resources but were told that NO additional resources are available for your project. Assuming that the project has low risks, which of the following is the BEST plan of action?
Question1141: Your spouse works for a vendor and the vendor bidding on a project at your company. You are not affiliated with the specific project team evaluating bids but you are part of the executive project management team. What do you do?
Question1142: Which of the following types of cost are relevant to making financial decisions:
Question1143: Your project will require use of a high pressure punch press for four months. You can rent the press for $10,000 payable at the end of each month. You may also choose to make a lump sum payment on the day the press is delivered. Using a discount rate of 1% per month, the maximum lump sum payment you should choose to make is:
Question1144: When all customer requirements for the product of the project are satisfied,
Question1145: Response development is sometimes referred to as
Question1146: Which describes how cost variances will be managed?
Question1147: As a Project Manager, you realize that it is very important to be a good leader. Leading involves all the following except:
Question1148: Project termination responsibilities include all of the following except:
Question1149: Integrate Change Control includes the following activities EXCEPT:
Question1150: All of the following statements are true regarding issue logs EXCEPT:
Question1151: Which of the following is not a process of Project Communcations Management?
Question1152: Preparing the Financial plan for your project will require:
Question1153: When a project incorporates an Organizational Breakdown Structure (OBS), it is integrated with the WBS at the
Question1154: Cost control is concerned with:
Question1155: Process analysis is a function of ____________.
Question1156: A poorly defined staffing management plan will LEAST impact:
Question1157: Your project has a virtual team. Half of your team members are located in another country, where they are working for a subcontractor. You want to promote the top performing foreign team member to a leadership position, but you are told by the other team members that women are not allowed to hold positions of authority. When you bring it up with their manager, you are informed that it is the subcontractor's policy not to promote women, and that in their country, it is culturally considered offensive for a man to take orders from a woman. What is the BEST way to respond to this situation?
Question1158: Which is not an example of a correctly handled Contract closure procedure?
Question1159: You are the project manager at Happy Coffee Cafe, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores through the United states. Your target markets primarily include densely populated metropolitan areas. Your company is evaluating different areas for expansion, including New York, San Francisco, and Seattle. Based on your market analysis you have obtained the following information:
New York-IRR (45%), payback period (1.5 years)
San Francisco-IRR (32%), payback period (1.1 years)
Seattle-IRR (36%), payback period (0.75 years)
Based on this data which area is best for Happy Coffee Cafe?
Question1160: Which of the following is configuration management activity that is involved with ensuring
that the performance and the functional requirement defined in the configuration document have been met?
Question1161: The project manager must be concerned with building a closely knit team. During the project kickoff meeting, the project manager can get a good start at team building by providing the team with:
Question1162: The outcome that must be produced to complete a part of a project or the project itself is called a _______?
Question1163: Which of the following statements are true regarding the project statement of work?
Question1164: Your organization discusses running a project which will entail an investment of $1,000,000. The product from the project is forecasted to create revenues of $250,000 in the first year after the end of the project and of $420,000 in each of the two following years.
What is true for the Net present value of the project over the three years cycle at a Discount rate of 10%?
Question1165: In which of the following contract types is it easier to change the scope of the contract:
Question1166: Which of the following best describes risks that arise as a direct implementation of implementing a risk response?
Question1167: Which of the following statements depicts the key difference between contract close-out and administrative closure?
Question1168: You are in the process of identifying and documenting the logical relationships among schedule activities. Which of the following are NOT inputs to this process?
Question1169: Which of the following statements are FALSE regarding Bidder conferences?
Question1170: You are the controller on your project. Your project manager has requested that you provide him with a forecast of project costs for the next 12 months. He needs this information to determine if the budget should be increased or decreased on this major construction project. In addition to the usual information sources, which of the following should you also consider?
Question1171: You are a project manager at a large accounting firm in United States. Throughout the year your firm provides both consulting services and accounting services to XYZ widgets, inc, a publicity traded company listed on a New York stock exchange. Currently your project involves auditing and financial statements to XYZ widgets, in the preparation of annual shareholders meeting.
Your team has just completed the financial auditing of the firm, and recently published its finding. You have performed this project under contact and are in the contract closure process. Which of the following should you document as a part of contract closure process?
Question1172: Some of the functions of this process include describing the methods for executing the work of the project to fulfill the project objectives, documenting dependencies and interactions among the processes, determining the validity of and maintaining the performance baselines, and determining key management reviews for pending decisions. Which of the following does this describe? Choose the best answer.
Question1173: Scope reporting is the timely determination, _____, and _____ of project progress, status data, and transforming this into structured documentation (reports) necessary to judge project performance (reporting on work packages).
Question1174: You are the project manager for the international contract manufacturing firm with manufacturing the plants and offices in India, China and Thailand. Your company design and manufacture various consumer electronics such as flat screen, television, laptop computers,
monitors, e.t.c. Your company is in the process of bidding on a project to manufacture the next generation 128-bit video game console for x-cube station. As a potential bidder for this project your company must register so that it is on the qualified seller list. Which of the following statements are true?
Question1175: A project manager is faced with two team members who have conflicting opinions. One team member explains her side of the conflict. The other team member responds by saying, "I know you'll never really listen to my side, so let's just go with her opinion and get back to work." This is an example of:
Question1176: Likely schedule durations for Estimate Activity Durations are available from historical
information that is derived from the following sources except:
Question1177: You are the project manager for a project. While reviewing the cost estimates for the project you notice that one of the cost estimates for an element in the WBS is 20% higher than previous project for very similar work. What should you do next?
Question1178: Which of the following factors has the most impact on the communications management plan?
Question1179: What is the difference between management reserves and contingency reserves?
Question1180: The seller tells you that your activities have resulted in an increase in their costs. You should:
Question1181: You are working in the Project Office of your organization. What is your job responsibility?
Question1182: You're holding a PMP training seminar for people in your company to help them obtain enough hours to qualify to take the PMP exam. This is an example of:
Question1183: Which of the following is not an output of the cost control process?
Question1184: There has been a change to the scope of your project, which may adversely impact the project schedules and cost. You have updated the technical and planning documents, and now you are required to:
Question1185: You are in the process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:
Question1186: Which of the following is the BEST example of a reward system?
Question1187: Resource leveling will often affect the project by making it:
Question1188: The monitor and control project work process is performed to monitor project processes and performance. Which of the following are you LEAST concerned with during this process?
Question1189: Which of the following statements are true regarding the project charter?
Question1190: The administrative closure procedure is an output of the close project process. It is an input to which process?
Question1191: As a result of a face-to-face meeting you recently had to discuss the items in your issues log, you have resolved issues and come away with an approved corrective action and an update to the project management plan. Which process does this describe?
Question1192: When should Lessons learned be organized?
Question1193: _____ is a receipt issued by a carrier for merchandise to be delivered to a party at some destination.
Question1194: CORRECT TEXT
You have been recently hired to be a project manager at a bio-tech company to develop anew drug for the treatment of malignant melanoma. As part of feasibility study, your team has been evaluating the feasibility for such a drug using computer simulation. Your team has just completed one of the project phases by designing a potential chemical compound using a sophisticated computer model. You would like to have model reviewed prior to deciding whether to move to the next phase of the project. According to the PMI, these type of reviews are called:
Question1195: You are the project manager at information technology division of a large health care provider in the United States. Due to the new regulatory requirements enacted by HIPAA to ensure the privacy of confidential medical records, you have been assigned to audit all I.T. system to ensure compliance. You need to ensure that all the data in database is encrypted to ensure confidentially. You need to ensure that all the users are properly authenticated and authorization to confidential information follows the least privilege principle.
The deadline to ensure the compliance with HIPAA regulations is within 120 days. Failing to complete the project in 120 days will result fine to your organization. You have been given a budget of $500,000 dollars. Due to the overall budget cuts this year, you have been told that the
budget is $500,000 and cannot exceed from this. Which are the primary constraints for the project?
Question1196: According to John R. Adams Ph.D., there are five sources of power that people have: legitimate, coercive, reward, expert and referent. If the team knows that the project manager who is managing the project is reporting straight up to the President, what type of power is most prevalent?
Question1197: Which of the following is NOT included in the quality management plan?
Question1198: Which equation correctly illustrates the cost variance of a project, in currency?
Question1199: You work at RFID-PM Inc, a publicly traded company that develops RFID technology. Radio Frequency Identification RFID is a method of remotely storing and retrieving data using devices called RFID tags/ transponders. An RFID tag is a small object, such as an adhesive sticker, that can be attached to or incorporated into a product Your friend, Nelson, has asked you for the financial information regarding your company. So you decide to forward him the pro forma financial statements for the upcoming quarterly report that you obtained from your finance department. Have you provided insider information regarding your company?
Question1200: You do not expect the types of variances that have occurred on the project to date to continue. If BAC = 800, ETC = 275, PV = 300, ACC = 200, EV = 250, and CPIC = 1.25, what is the EAC?
Question1201: Which of the following is not true about the Project Charter?
Question1202: Which is NOT an example of cost of quality?
Question1203: While obtaining responses from prospective sellers, you mention that you will "Require certified PMPs as project managers for the project." This is an example of:
Question1204: The definitive terms of a contract are written during which of the following contract phases?
Question1205: Which of the following best describes Maslow's theory of motivation?
Question1206: In a fishbone diagram, the effect you are concerned about is placed:
Question1207: You are in the process of obtaining the necessary human resources to complete the project. Which of the following are NOT outputs of this process?
Question1208: A lessons learned is BEST completed by:
Question1209: The reason that cost management is so difficult in project management is that:
Question1210: Your team members have just completed training on specialized equipment. This is one of the work results you've gathered and recorded. Which of the following outputs of the Direct and Manage Project Execution process does this describe?
Question1211: Which of the following is associated with a buyer's request for material to meet a particular need:
Question1212: Role of the sponsor is BEST described as:
Question1213: You have accepted a position at a company where you will manage a group of projects in a coordinated way.
The organization specifically hired you to help it have a more structured approach to project management. What should you do first?
Question1214: You are in the process of planning a project and found that stakeholders often have varying objectives and requirements which makes it hard create a plan in such way that all objectives will be met. What is probably most helpful to ensure comm. understanding?
Question1215: An activity that consumes no time or resources and shows only that a dependency exists between two activities is called:
Question1216: Which of the following forecasts the most likely total project costs based on the current project performance to date?
Question1217: As a project manager, you must formalize acceptance of the project scope and keep the project focused on the business need that it was undertaken to address. This should be done:
Question1218: You have been informed by the project sponsor that there has been a revaluation of projects within your company and your project will not be getting any additional funding. In this case, you should:
Question1219: Core planning processes:
Question1220: A line manager who is asked to wear two hats and function as a project manager at the same time is likely to exercise:
Question1221: All of the other alternatives apply Which of the following statements is true regarding constraints and assumptions?
Question1222: You are the project manager for a scheduled version release of your company's software tracking product. You have identified resources according to their activities. You might want to display this information in which of the following?
Question1223: A technical requirement has which of the following characteristics:
Question1224: During the planning phase of your current project, you prepare a detailed financial plan. For this process, you are using:
Question1225: Which organization is same as Functional organization?
Question1226: What is the most important benefit of a 360 degree review?
Question1227: A RAM is:
Question1228: You are just leaving a meeting, during which you have been assigned as the project manager in a project to build a substation, which is part of a major electric power distribution system. The decision to run the project has been made before your assignment and without your involvement. Some basic decisions on deliverables, staffing, budgeting and on the completion date have also already been made. What should you do first?
Question1229: During Risk identification sessions, you and your team identified more than 150 risks for your project. You are afraid that evaluating each of these risks quantitatively will cost you an enormous amount of time, while not all of them are really relevant and important enough to justify such a measure. What should you do next?
Question1230: Which of the following statements are false regarding sensitivity analysis?
Question1231: Procurement audits review which of the following?
Question1232: Which of the following statements concerning a scope statement are true?
Question1233: Which of the following is NOT typically found in a project charter?
Question1234: You are currently in the process of analyzing activity sequences, duration, resource requirements, and schedule to create the project schedule. Which of the following are not tools/ techniques you can use?
Question1235: During project execution you found out that work is often not performed at the right time and in the right order.
Deliverables are made by one team member that cannot be processed by another one. This already leads to timely rework and bad morale among team members.
Which project management tool is most appropriate to deal with problems like this?
Question1236: To determine whether or not the employee correctly understands the message, the project
manager needs to:
Question1237: 100 % inspection of output is:
Question1238: Project Risk Management is based on which of the following premises:
Question1239: What is not a major benefit of co-locating team members from different cultures in one place instead of having a team dispersed over many countries?
Question1240: The VP of sales division approaches you and requests that you change the sales registration screen on the sales website to include phone number is required filed. This is considered as
Question1241: Which of the following are true regarding project scope management?
Question1242: How would you as the project manager address this project team member for the apparent disregard for following directions? What conflict resolution style will you employ?
Question1243: The planned cost for the total project at its inception is called the _____.
Question1244: A project manager reported the following Earned value data:
PV: $12,400,000 EV: $14,500,000 AC: $14,500,000
What does this mean?
Question1245: Quality Improvement Programs are normally associated with which two of the following?
Question1246: For every situation, several methods usually exist for effective communication to take place. Which of the following is least likely to be used for explaining to the team project
planning guidelines?
Question1247: In planning your resources for a new building project you are working with an engineering firm, a construction management firm and a general contractor. You are mindful that the general contractor will have to manage several sub-contractors over the next 9 months and that the structural and civil engineers will need to communicate frequently. You must select the best reporting relationships among the parties. This is an example of:
Question1248: All of the following are examples of quality metrics EXCEPT:
Question1249: Which of the following is CORRECT about quality improvements?
Question1250: The first step in building a PERT/CPM network is to:
Question1251: You are managing an industrial design project for an important client. Two of your team members have a disagreement on project priorities. One person wants to do certain activities first, while the other feels they should be left until the end of the project. You work with both people to forge a compromise where those activities are neither first nor last, but instead done in the middle of the project. Nobody is particularly unhappy with this solution. Another name for a compromise is a:
Question1252: _____________ involve(s) coordinating people and other resources to carry out the plan
Question1253: You are in process of identifying and documenting project risks. You are using various information gathering techniques to identify the project risks. All of the following are information gathering techniques EXCEPT:
Question1254: Which of the following is true about procurement documents?
Question1255: All the following statements relating to transferring of risk to a contractor are true EXCEPT:
Question1256: Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:
Question1257: A work package is:
Question1258: Which of the following statements are true regarding cost estimating techniques?
Question1259: Who has MOST power in PROJECTIZED organization?
Question1260: The behavioral responsibilities of a project manager may also include dealing with:
Question1261: Which of the following statements are true regarding the project charter?
Question1262: One of the outputs of risk identification is
Question1263: Outputs of Integrated Change Control include:
Question1264: There are hard causes of conflict (e.g. conflicting schedules) and soft causes. Soft causes are as important as hard causes. Soft causes include diversity of disciplinary expertise, __________ and the project manager's power of reward and punishment.
Question1265: The project charter is developed by:
Question1266: When the project does not obtain products and services from outside the performing organization, the processes from solicitation planning through contract closeout would
Question1267: Which of the following best describes the following organizational structure? Exhibit:
Question1268: Group brainstorming encourages all of the following except:
Question1269: The theory that 85 percent of the cost of quality is a management problem is attributed to which of the following?
Question1270: In your previous project, the project manager gave a lot of autonomy to the team members to do as they deemed fit. At times, this lead to anarchy because the team members were not very sure of what needed to be done. The manager however followed a management style, which was:
Question1271: A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of 80/20. The actual cost of the project was $150,000. How much profit does the seller make?
Question1272: Which of the following is not done in Initiation phase?
Question1273: Estimated at Completion is determined by:
Question1274: Which of the following statements are true regarding the risk break down structure?
Question1275: Team motivation, problem resolution, and space verification occurs during _____?
Question1276: Using the PMBOK definition of contingency reserve, which of the following statements about contingency reserves is false?
Question1277: Which of the following is generally not regarded as an element of active listening?
Question1278: What does a project manager need first and foremost to determine the necessary staffing requirements of a project?
Question1279: You are a project manager for the manufacture of children's toys. Your project team is in the process of designing a new children toy for New Year Christmas season. With the rapidly approaching deadline, your team members are frequently arguing with each other. However, recently your team has just begun to work well together. There appears to be a sense of team cohesion and friendliness. Your team members are able to express criticisms constructively, and able to work out their differences. Which of the following stages of develop project team best describes your team?
Question1280: What are the BEST inputs to the Initiation process?
Question1281: You are the part of construction project team responsible for developing a new stadium. The project has been ongoing for the past several months. Your project team has just completed the initial project budget and schedule and is ensure what to do next. Which of the following would you recommend as the NEXT BEST action to perform?
Question1282: You are a project manager at a project company developing wireless mobile applications. You are currently in the risk identification process, where you are trying to identify and document all risk that might impact the project.
You have assembled your experts both from inside and outside the company. You have asked them to make a anonymous questionnaire to identify the potential risks of the project. The experts will then mail back the questionnaire directly to you. Once you have received the feedback, you intend to organize the responses in order to compile a final list of potential project risks. Which of the following best describes the techniques are you using?
Question1283: On a precedence diagram, the arrow between two boxes is called:
Question1284: You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are tools/ techniques you can use EXCEPT:
Question1285: You are working with XYZ organization and all the employees are divided into groups by speciality such as sales, support and engineering. In which type of organization you are working in?
Question1286: An individual who is still working on the satisfaction of physiological needs had essentially satisfied which needs:
Question1287: A project manager recently rewarded an individual with a promotion that carried with it a very small salary increase but substantially more responsibility. The project manager appears to be appealing to the employee's _____ need.
Question1288: The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes which of the following processes?
Question1289: You are project manager at a large multinational company developing a next generation mobile phone using voice over IP technology. The project involves significant coordination of resources across multiple different engineering teams located in various different countries. Specifically your mobile handset team is based in India, your design team in U.S.A, and your QA team in Canada. You are currently in the process of assessing the completion status of each of the work packages. In order to develop a accurate status of project, you have asked each of the engineer to report their completion date for their respective deliverables.
However one of the QA engineer abrasively respond" completion date for what?" you finally decided to report QA engineer's uncooperative behavior to his functional manager. Based on the scenario above, which of the following best describes the problem?
Question1290: An advertiser who uses a movie or sports star to endorse a product is trying to use power.
Question1291: You are in process of creating the detailed project scope statement. All of the following are inputs to this process EXCEPT:
Question1292: All of the following are true regarding change control system EXCEPT:
Question1293: In which of the following project management process group can stakeholders be identified?
Question1294: You know that BAC = 500, PV = 325, ACC = 275, CPI = .9, and EV = 250 and that you are experiencing atypical variances. Variance at completion tells you which of the following?
Question1295: Adjusting Leads and Lags is a technique for:
Question1296: You are in the contract Closure process and are reviewing the contract process to identify the lessons learned. Which of the following best describes the tool/technique you are using?
Question1297: The total project scope is:
Question1298: A contract where the buyer reimburses the seller for the cost incurred by the seller, and also provides for a fixed amount of profit is also called:
Question1299: You are a project manager developing a project plan for the renovation of historic landmark. You are in the process of performing some risk planning. your risk management plan should include all of he following except:
Question1300: Which of the following is not a characteristic of a work package?
Question1301: Configuration management does all of the following except:
Question1302: Which of the following statements are true about the work breakdown structure?
Question1303: To ensure the effectiveness of corrective actions, corrective actions frequently require which of the following?
Question1304: A work authorization system is:
Question1305: According to Herzberg, which of the following is a motivational factor?
Question1306: All of the following are tools and techniques of the Contract Administration process except for which one?
Question1307: You're managing a project with a schedule performance index (SPI) of 1.07 and a cost performance index (CPI) of 0.94. How would you BEST describe this project?
Question1308: A project team member has been having a big disagreement with another team member for over two months when the other team members become involved. The issues are complex, but you have specific experience in the area and know what needs to be done. The BEST choice would be to:
Question1309: All of the following statements are true regarding the cost baseline EXCEPT:
Question1310: Which of the following best describes resource leveling?
Question1311: When is passive risk acceptance an appropriate approach?
Question1312: Over the life cycle of the project, the quality of information:
Question1313: Which type of process involves the agency holding discussions with each of the offerors, after receipt of their proposals, in the process of arriving at an agreement prior to the award of a contract?
Question1314: Which of the following statements are FALSE regarding the CPM method?
Question1315: As a project nears completion, you notice that the functional managers are more interested in trying to find a new position, rather than concentrating on their project work. Their motivation is:
Question1316: Which of the following are NOT outputs of the activity duration estimating process?
Question1317: A planning phase for an engineering component generated 100 engineering components. The QA team randomly selected 5 components for inspection. This exercise can best be described as example of:
Question1318: You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project Scope Planning process and created the Scope management plan. However, upon review, you have determined that the resulting project scope management plan is ambiguous and poorly written. A poorly written project scope management plan will directly impact all of the following EXCEPT:
Question1319: The identification, definition, and selection of the project objectives as well as the best approach to achieving the project objectives are indentified in the _____ phase of the project but first documented in the project _____.
Question1320: Which of the following statements is true regarding schedule variances?
Question1321: All of the following statements regarding Control Accounts are true EXCEPT:
Question1322: What is the benefit of a Weighting system over a Screening system when used for selection among sellers?
Question1323: Your company has just received approval to purchase a company that offers complementary services to your company. As PM on the acquisition, you develop a deliverable-oriented grouping of project elements that organizes and defines the total scope of the project. This output is called:
Question1324: During an informal discussion you had with another PMP, he mentioned about how he was able to sit for the PMP Certification Exam 3. years ago through using false contact hour certificates. You should:
Question1325: You are having lunch with one of your colleagues. He tells you in confidence that he lied about having a PMP certification, and never actually passed the exam. What is the BEST way to handle this situation?
Question1326: All the following are tools for cost estimating except:
Question1327: The project schedule is used to determine all of the following except which one?
Question1328: Which of the following document include a code of account identifier, a statement of work, and a list of schedule milestones for each WBS component?
Question1329: Work packages are used to:
Question1330: What is the purpose of a decision tree?
Question1331: You are in the process of reviewing offers and choosing among potential sellers. All of the following are tools you can use EXCEPT:
Question1332: The major project scope management processes include:
Question1333: Advantages of the functional (hierarchical) form of organization include _____ and creation of technical competence.
Question1334: You are a project manager of ABC organization. You are estimating the project in initiation phase. What level of accuracy you can expect?
Question1335: The Pareto Principle is a technique used to determine which quality control problems in a particular process should be corrected. Which of the following statements best represents the philosophy employed by this principle?
Question1336: Which of the following calculates the difference between the budget at completion and estimate at completion?
Question1337: Which of the following processes best describes the project human resource management knowledge area?
Question1338: Which of the following statements are false regarding contract closure procedure?
Question1339: You are the project manager for a construction company. You are currently estimating how long it will take to perform the electrical wiring of the building. You estimate that there are about 5,000 meters of wiring required. You also estimate that your project team can wire 20 meters/hour. Hence you estimate that wiring will take approximately 250 hours. Which of the following estimating techniques did you apply in your analysis?
Question1340: The project management executing processes include all of the following EXCEPT:
Question1341: A scope change control defines the procedures by which the project scope may be changed. It includes
Question1342: Which of the following planning considerations is often overlooked?
Question1343: The Monitor and Control Project Work process is performed to monitor project processes and performance. Which of the following are you LEAST concerned with during this process?
Question1344: Valid reasons for considering termination of a project include all of the following except:
Question1345: Which of the following are not the direct result of managing the team?
Question1346: All of the following are true regarding the Qualitative Risk Analysis process except which one?
Question1347: Reducing scope, adding resources and using familiar approaches are all examples of:
Question1348: A work breakdown structure which has become part of a contract is often referred to as...
Question1349: In a matrix organization, which of the following is not a responsibility of the project manager?
Question1350: Methods and techniques used to examine cost and technical data are called feasibility studies. The economic aspects of a feasibility study include interest rates, present worth factors, operating costs, depreciation and _____.
Question1351: Critical input to scope initiation is:
Question1352: Which of the following is not true for a Responsibility Assignment Matrix (RAM):
Question1353: The degree to which a company accepts and utilizes project management is often dependent upon the _____ and _____ of the project.
Question1354: Which does not create changes to the Project Scope Statement or Work Breakdown Structure?
Question1355: You've promised your team two days of paid time off plus a week's training in the latest
technology of their choice if they complete their project ahead of schedule. This is an example of which of the following?
Question1356: You are a project manager who has recently held a project team kickoff meeting where all the team members were formally introduced to each other. Some of the team members know each other from other projects and have been working with you for the past three weeks during the Planning processes. Which of the following statements is true?
Question1357: Which of the following time robbers end up creating additional work for the project manager and the project office?
Question1358: The proposal manager of your company approached you recently. You made some estimates on direct costs for an offer on a firm fixed price contract. As indirect costs are to be calculated as a percentage of the direct costs, the sum of both cost types led him to calculating a far too high price. How should you not react?
Question1359: Cost Plus Percentage of Cost contracts are more desirable for the:
Question1360: As a project manager on a software development project you are accountable for maintaining the integrity of the performance measurement baselines. This includes making sure that approved changes to the schedule and cost are reflected in the project plan. However, you also make sure that only changes to the project scope affect the performance measurement baselines. This is an example of:
Question1361: If the number of critical paths in the project increases, but the duration of the project remains same, what is the impact on the project?
Question1362: In which of the following scope management processes is the scope management plan prepared?
Question1363: You are in the process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the LEAST helpful input?
Question1364: The key purpose of project control is to:
Question1365: Project Risk _____ .
Question1366: All of the following are he benefits of using WBS except:
Question1367: Which of the following describes the contents of a staffing management plan?
Question1368: What is typical for high-context cultures?
Question1369: An output of scope definition is:
Question1370: Which statement is TRUE about Present Value(PV)?
Question1371: Project Managers have least power in which organization structure
Question1372: As a project manager on a major construction project you spend some time informally interviewing contractors, team members, engineers and even some of the city permit people. You want to make sure you have all your bases covered in the planning process. This is an example of:
Question1373: The purpose of a dummy activity in an activity-on-arrow diagram is to:
Question1374: The initial document that formally recognizes the existence of a project is the _____ .
Question1375: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company's I.T. infrastructure is unable to meet the growing demands. To keep up with the demands you have been assigned the responsibility of upgrading the company's network and company's infrastructure. You have been asked to calculate the payback period for the project that is to be completed in the next 24 months.
Question1376: Which tool and technique integrates scope, cost and schedule in measuring project performance?
Question1377: A calendar that identifies when a project may be performed on an activity is called a:
Question1378: Which of the following statements are FALSE regarding the Resource Calendar?
Question1379: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover,
poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses.
The previous project manager for the project lacked an understanding of project management principles. In fact, upon close investigation, you've determined that the project lacks clearly defined project deliverables and lacks management control. Which of the following would be the BEST approach to resolve these short comings?
Question1380: Subject matter experts are resources that can provide very valuable information to the project. In which scope-statement processes are subject matter experts first utilized?
Question1381: Crashing describes a technique to speed up a project by...
Question1382: What are the documents required to complete project initiation process?
Question1383: Milestones are best characterized by which description?
Question1384: Which of the MOST appropriate things to do during project initiation phase?
Question1385: The methods and techniques for determining the economic costs, the environmental impact, the economic returns, and the probability for success are called:
Question1386: An example of risk mitigation is:
Question1387: You have inherited a project that is in trouble. The team members are spread out in 5 states, the schedule is behind by 20%, the former project manager alienated the team and there is no communication plan. The first issue you must work on is building a cohesive team to get the project back on track. Which of the following is not a technique that you would use in team development:
Question1388: Which of the following is the MOST valuable result of creating the work breakdown structure?
Question1389: With respect to risk management, which of the following are not true regarding decision tree analysis?
Question1390: At least _____of the cost of quality are the direct responsibility of management.
Question1391: A project manager uses a facilitator to gather opinions from experts anonymously. What tool or technique of Risk Identification is being performed?
Question1392: Which of the following statements are TRUE regarding the scope verification process?
Question1393: Dennis works for an international manufacturer for consumer electronics. He has been recently assigned to supervise and manage the manufacturing of a new model of flat-screen televisions. His supervisor congratulates Dennis on his expanded responsibilities. He informs Dennis that his new assignment will have the 1000 units of the new flat screen manufactured by September. Before Dennis begins manufacturing these new units he needs to determine the characteristics of his new product line, such as screen size, color, resolution e.t.c. which of the following tasks must Dennis perform prior to manufacturing the product?
Question1394: Please refer to the diagram given below: (all units are in days)
What is the project float if management wants to do this project within 10 days?
Question1395: Of the following, who has the ultimate responsibility for meeting project quality objectives?
Question1396: Which of the following shows roles and responsibilities on your project?
Question1397: Which of the following statements is true regarding PDM (precedence diagramming techniques)?
Question1398: Staffing requirements do not define:
Question1399: All of the following statements are true regarding the communications management plan EXCEPT:
Question1400: Uncertainty refers to a situation where:
Question1401: As a project Manager, Problem solving is high in your list of priorities. Which statement about Problem Solving is not accurate?
Question1402: All of the following are tools and techniques of the Performance Reporting process except which one?
Question1403: Flextime and compressed workweeks are two popular alternative work schedules used by employers to improve the quality of work life of their employers. Which of the following statements concerning these alternative work schedules is not true?
Question1404: Your hardware vendor left you a voicemail saying that a snowstorm in the Midwest might prevent your equipment from arriving on time. She wanted to give you a heads-up and
asked that you return the call. Which of the following statements is true? (Choose the best answer.)
Question1405: Please select which of the following statements is TRUE regarding the initiating process group?
Question1406: You have a geographically dispersed team, from whom you would like to get expert opinion about your project. Which information gathering technique should you use:
Question1407: All of the following are different dimensions of communication EXCEPT:
Question1408: The document authorizing functional areas to charge against the project is the:
Question1409: Trend Analysis is best described as:
Question1410: A Project charter is a document that...
Question1411: You are in process of developing an approved project schedule that will serve as a baseline against which the project can be tracked. Which of the following is needed in order to complete schedule development?
Question1412: The use of the project reports:
Question1413: Which of the following is not true for Resource Leveling:
Question1414: You r the project manager at a large accounting firm in the United States. Throughout the year your firms provides both the consulting services and accounting/auditing services to
XYZ Widgets, Inc, a publicity traded company listed on a New York stock exchange. Currently your project involves auditing and financial statements to XYZ widgets, in the preparation of annual shareholders meeting. While your team is in the midst of project execution, you are informed that your project is cancelled due to new SEC regulations. Specially a new SEC rule prohibits accounting firm from providing both auditing services and consulting services to the client, due to the potential conflicts of interest that could rise from such business relationship. As a result your project is cancelled and budget for your project is cut. For necessary budget your project team is banned and your project members go their separate ways. Which of the following types of project ending is this considered?
Question1415: A junior project manager at your company does not know how to perform earned value analysis. You spend a weekend with him to teach him how to do this. This is an example of:
Question1416: Your project team is on its way to finish work on the project, while you have the impression that a staff member is already negotiating the next assignment in another project. You are afraid that the person may come under pressure to start working on the other job before she has finished her work for your project. Her task is very complex, and it would be hard for someone else to take up the partial results and finish them.
What action is most likely to resolve the situation?
Question1417: You are using the three-point estimating technique to estimate the duration of a schedule activity. Which of the following is the correct formula for calculating variance assuming a beta distribution?
Question1418: To-complete performance index (TCPI) is represented by which of the following?
Question1419: Which is developing an approximation of the costs of the resources needed to complete project activities.
Question1420: Which project management process groups takes maximum time and resource in a project?
Question1421: There is two projects to choose the best one. Project X has a payback period of
26 months. Project Y has a cost of $500,000, with expected cash inflows of $200,000 the first year and $50,000 per quarter after that. Which project should you recommend?
Question1422: The risk register describes all the identified risks. Which of the following is NOT included as part of the risk register?
Question1423: Cost aggregation, reserve analysis, funding limit reconciliation, and parametric estimating are tool/ techniques of which process?
Question1424: The Estimate At Completion (EAC) can be used to forecast the most likely total project cost based upon the current project performance. Which of the following formulas cannot be used to calculate the EAC when past estimating assumptions are incorrect or past assumptions are no longer relevant?
Question1425: In communication, which of the following is not a responsibility of the sender?
Question1426: You are currently in the process of acquiring your project team and are working with functional managers to ensure that the project receives the appropriate staff during the required time frame. Which of the following BEST describes the tool/ technique you are using?
Question1427: Topics that deal with people include:
Question1428: Which of the following is generally the MOST CORRECT use of a project network diagram?
Question1429: What is often referred to as the Original duration of an activity?
Question1430: The specifications for a particular part are "10 +/-0.015". The associated process produces parts with a mean of 10 and a standard deviation of 0.002. The process capability index is:
Question1431: Sources for data on activity durations and resource requirements can be gathered from which of the following:
Question1432: A process has Critical path of 12 days & Standard Deviation of 1. What is the probability that the process will be completed in 13 days.
Question1433: Assignable cause or special variation is:
Question1434: Which of the following is not an input to the cost control process?
Question1435: The overall duration of the project schedule is not influenced by:
Question1436: A project manager can exchange information with the project team using which media?
Question1437: History has shown that project managers can be trained in a combination of ways. Which method is usually preferred by most companies?
Question1438: You are the project manager within an information technology department of a retailer. In order to allow for better real-tracking, in inventory control, and supply chain management, your company in financing a project a project to install and deploy RFID on all items of merchandise. As the project manager you're in select sellers process, and have 4 different vendors on your qualified sellers list. One of the vendors on your list has invited you to lunch. What should you do?
Question1439: You are a part of project software team responsible for developing a new CRM software application. The project has been ongoing for the past several months. A few members of the project team are currently discussing introducing a significant change to one of the major work packages. After discussions you received a message from the vice president of engineering informing you of the project changes, and are asked to complete the necessary paperwork in order to process the change. This is an example of:
Question1440: Outputs of Integrated Change Control include:
Question1441: The most frequently used construct in Precedent Diagramming Method is:
Question1442: How should change management be planned for?
Question1443: The project schedule is not used to determine:
Question1444: Which of the following is NOT one of the five project management process groups?
Question1445: The _____ specification delineates specific measurable capabilities or parameters for which a product can be tested as part of the acceptance procedure.
Question1446: All of the following are categories of a milestone in a schedule except:
Question1447: Which of the following are NOT tools/ techniques of the Plan Contracting Process?
Question1448: What is the relative priority of project Cost, Schedule and Quality?
Question1449: Which of the following statements regarding WBS is false?
Question1450: The following types of costs are relevant to making a financial decision except:
Question1451: You are the project manager at a large automaker in Japan. Your project involves designing the next generation 4-wheel drive Sport Utility vehicle for the Asian market. A new fuel efficient engine design is required as part of your project. Unfortunately, your project team did not have the necessary expertise to design and manufacture a new fuel-efficient engine. Hence, your company plans has decided to subcontract all the engine designs an outside manufacturer in Europe. During your initial visits to European partners, you were presented with an expensive gift. You were told that this is local custom to give such gifts to business partners to during their visits. What should you do?
Question1452: Which statement is false for Constructive changes?
Question1453: Which question is not appropriate for a weighting system to evaluate seller's performance according to weighted criteria?
Question1454: The fund available to a organization to invert in project is called:
Question1455: Which of the following is a KEY output of the Verify Scope process?
Question1456: The basic elements of communication include:
Question1457: What tool have project managers come to use to identify all of the costs associated with a project.
Question1458: If there is a change to the approved cost baseline, the project manager must:
Question1459: Which percent of the total project labor hours are typically expended by the end of the second phase of the project life cycle?
Question1460: Which of the following is NOT a characteristic of message filtering?
Question1461: All of the following are true regarding configuration management except:
Question1462: You are currently analyzing the schedule for a project. You've noticed that for a certain activities in the project, large schedule variances exist. Which of the following activities are true?
Question1463: A person is writing a document identifying the business need for a project and is including a description of the product created by the project. She includes a list of stakeholders and pre assigned resources. What is the role of this person on the project?
Question1464: Which of the following best describes the schedule development process?
Question1465: You are the project manager for a manufacturer of children's toys. Your project team is in process of designing a new children toy for next year's Christmas season. Your team meets and learns about the opportunity, agrees on goals and resources necessary to tackle the task. Although your team is highly motivated, they are relatively uninformed of the issues and objectives of the project. Which of the following stages of Develop Project Team best describes your team?
Question1466: In which of the following processes in the initial process group is one responsible for producing a high-level definition of the project and documenting the project requirements, deliverables and method of acceptance?
Question1467: Since you are in the preliminary stages of your project, you estimate that your project will most probably last 1. year - however, optimistic scenario is that it will get over within 6 months and pessimistic scenario is 1.8 months. This kind of estimate is also called:
Question1468: In your project, you are trying to identify lessons learned that can improve performance of the project or other projects within the performing organization. You are in the process of doing a (an):
Question1469: Which of the following statements are true regarding the procurement audit?
Question1470: The outputs of Contract Administration are correspondence, contract changes, and payment requests.
Question1471: You have been recently assigned to provide an accurate project schedule for a large construction company. You are evaluating the network diagrams for the construction project, and are using backward pass calculations to construct the schedule. You are trying to calculate the latest start time for laying the foundation of building. The expected duration for this task is 180 days. The task must be completed within 300 days, while the expected completion is between 220 days. The latest finish date is 270 days. Based on this information, what is the latest start time of this task?
Question1472: Japanese resource management models exhibit.
Question1473: _________ is normally not a method of RoI (Return on investment) analysis.
Question1474: Risk event probability is defined as:
Question1475: Which of the following statements are true regarding GERT?
Question1476: _____ is associated with a buyer's request for materials or equipment to meet a particular need or accomplish a specific purpose.
Question1477: You are the project manager within an information technology department of a large retailer. In order to allow for better real-time tracking, inventory control, and supply chain management, your company is financing a project to install and deploy RFID tags on all items of merchandise. As a project manger, you've just completed the Select Sellers process, and selected a vendor to perform the RFID installation and deployment.
After the contract is assigned with the vendor, the account manager from the vendor calls for thank you for selecting them. As a thank-you gift, they would like to give you and your project team tickets to a free dinner convention, where the vendor will be providing a demo if their latest RFID systems. How should you respond?
Question1478: Which must be measured regularly to identify variances from the plan.
Question1479: Which of the following statements are true?
Question1480: Which of the following are source selection tools or techniques? (Choose all that apply.)
Question1481: Which of the following models of conflict resolution allows a cooling off period, but seldom resolves the issue in the long term?
Question1482: The budget associated with scope changes that have been approved but not planned for yet, is referred to a(n) _____ budget.
Question1483: Which of the following statements are true regarding Quality Planning and Perform Quality Assurance?
Question1484: The ability to get an individual or group to perform a given task is best described as:
Question1485: Which of the following best describes the triple constraint?
Question1486: You are giving your team instructions on how to perform a new test which is different from the way that the team had performed it previously. The best way to verify that the learn understands what you want is to:
Question1487: At which stage, project cost is maximum?
Question1488: You are the project manager for a software development project. When you need to get staff from the manager of the QA department, he suggests a few test engineers with performance problems for your team. Which is the BEST response to this situation?
Question1489: ___________ coordinates people and other resources to carry out the plan.
Question1490: What is critical path?
Question1491: The core planning processes are:
Question1492: As a Project Manager you have just completed a 9-month project where you had accountability for the schedule, budget, team members and quality of the end product. You are up for your annual review and expect a bonus based on your performance. What is not an area that you would expect to be rewarded for?
Question1493: You are in the vendor management department of your company which sources computer hardware from companies. You recently went on an official trip to an Asian country to understand the business proposition of a potential vendor. The vendor took you out to lunch and gave you some gifts, as is customary in that country. You must:
Question1494: Which of the following is not an input into Project Plan Development:
Question1495: Which of the following are not tools/techniques of the develop project charter process?
Question1496: A project schedule can be presented in various formats. All of the following are valid formats of the project schedule EXCEPT:
Question1497: Your management announced that they want to put you on a Stretch assignment. In this situation, you should consider that...
Question1498: Forcing, as a means to manage conflict:
Question1499: You are a project manager for Dutch Harbor Consulting. Your latest project involves the upgrade of an organization's operating system on 236 servers. You performed this project under contract. You are in the Contract Closure process and have reviewed the contracting process to identify lessons learned. What is the name of the tool and technique you used to perform this function?
Question1500: Which of the following statements regarding configuration management system is least true?
Question1501: You are the project manager for a large children's toys manufacturer. You've been asked to manufacture the latest craze in "Dancing Widgets" for the upcoming Christmas season. You've been informed that the company needs at least one month lead time to distribute the Widgets in order to have the Widgets on retailers shelves for the Christmas season. Hence, based on the current sales forecast you have been asked to deliver 100,000 units by august 1st at the latest. Which document describes the business needs for this project, identifies key deliverables, and gives you authority to begin the project and start assigning resources?
Question1502: Which concept of locating team members can help them best to enhance their ability to perform as a team?
Question1503: Which of the following formulas is used to calculate the SPI (schedule performance index)?
Question1504: The work that must be done in order to deliver a product with the specified features and functions included in the __________?
Question1505: Which of the following is not included in project scope statement?
Question1506: A set of manual files made available to all team members is called:
Question1507: Contract documentation is an input to the Contract Closure process. It includes all of the following EXCEPT:
Question1508: Your project management software always allocates scarce resources to critical path activities. This rule can also be referred to as: A Heuristic
Question1509: The "rolling wave" or "moving window" concept is used most frequently on projects where:
Question1510: Tom is the project manager on a construction project. Midway through his project, he realizes that there's a problem with the lumber they've been using in a few rooms and they're going to have to tear down some of the work they've done and rebuild. One of his team members suggests that the defect isn't bad enough to cause all of that re-work. Tom says that he's worked on a project that made this same mistake before and they ended up having to redo the work when inspectors looked at the house. He convinces the team member that it's probably better to fix it now than later. What kind of power is he using to make the decision?
Question1511: Management plans include all of the following except:
Question1512: In a project, a Cost incentive contract has been awarded to a contractor with the following parameters:
Target cost: $1,000,000 Target contractor fee: $100,000 Cost benefit sharing ratio: 80%/20% Price ceiling: $1,200,000
What is the Point of total assumption (PTA, Breakpoint) of the project?
Question1513: Who is responsible to publish project charter?
Question1514: Planning components are tools/ techniques of the Activity Definition Process. Which of the following are planning components?
Question1515: A contract is legally binding and must comprise all but one of the following:
Question1516: Which of the following is or are a part of Solicitation process
Question1517: The practice of ceasing mass inspections and ending awards based on price is credited to:
Question1518: Inspection of a complex project according to specifications is accomplished by _____.
Question1519: The project management execution processes include all of the following EXCEPT:
Question1520: You are the project manager at a manufacturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years, the Internet has transformed the competitive landscape. As a result company's market share has been eroding.
Hence, your current project involves implementing the company's internet strategies to best exploit these altered dynamics and increase the company's market share. You are in the project planning process, and are personally estimating the time needed for each activity. Once you've created the overall project estimate. You commit to completing the project deliverables to this date. Which of the following BEST explains why this is the INCORRECT way to estimate the schedule?
Question1521: One of your friends is a project manager at a computer security company. She is currently managing a project for the development of a NAC (network admissions control) appliance that uses the network infrastructure to enforce security policy compliance on all devices seeking to access network computing resources, thereby limiting damage from emerging security threats. Her project team has just completed the initial project budget identifies the communications requirements, and defined the work packages. Which of the following would you recommend as the NEXT BEST action to perform?
Question1522: Hertzberg proposed that the satisfaction and dis-satisfaction at work resulted from two different factors "Hygiene" and "Motivation" factors. Please select which of the following are NOT considered motivation factors?
Question1523: A non-critical path activity is completed in half the time. Then,
Question1524: A management point in a Work breakdown structure (WBS), which is used to consolidate and process work package data and forward the results to the project manager is called
Question1525: All of the following are types of strategies that one can use to deal with risks with upside opportunity EXCEPT:
Question1526: What is not among the tools and techniques of Organizational Planning?
Question1527: Which of the following are not tools/ techniques of Manage Stakeholders process?
Question1528: You are in the process of identifying and documenting risk project. You are using various information gathering techniques to identify the project risks. All of the following are information gathering techniques except:
Question1529: Which of the following is NOT part of the Contract Closure process?
Question1530: You are performing actions such as reporting and comparing actual project results against the project management plan, analyzing performance data and determining whether corrective or preventive action should be recommended, documenting all appropriate product information throughout the life of the project, gathering and recording project information, and monitoring approved change requests. Which process are you performing?
Question1531: You are in process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the LEAST helpful input?
Question1532: Phase exits, kill points and stage gates are used for what purpose?
Question1533: You are in the process of identifying and documenting the logical relationships among schedule activities. Which of the following are NOT tools/ techniques you can use in this process?
Question1534: You are a project manager for Star Light Strings. Star Light manufactures strings of lights for outdoor display. Its products range from simple light strings to elaborate lights with animal designs, bug designs, memorabilia, and so on. Your newest project requires a change. One of the business unit managers submitted a change through the change control system, which utilizes a CCB. Which of the following is true regarding the CCB?
Question1535: In your project, there have been several changes in the cost and schedule estimates and the original estimating assumptions are no longer valid. What is the Estimate at Complete for your project?
BAC = $ 300,000 AC = $ 100,000 EV = $ 150,000 CPI = $ 1.2 ETC = $ 120,000
Question1536: Which of the following are NOT inputs to the risk identification process?
Question1537: All of the following are communication tools EXCEPT:
Question1538: Which of the following techniques may be used on a project to resolve conflicts?
Question1539: You are reviewing performance goals to figure out how much bonus to pay to your team members. What document would you consult to find your team's bonus plan?
Question1540: Your nonprofit organization is preparing to host its first annual 5K run/walk in City Park. You worked on a similar project for the organization two years ago when it cohosted the 10K run through Overland Pass. Which of the organizational process assets might be helpful to you on your new project?
Question1541: Which of the following is indicative of negative float?
Question1542: Which of the following statements are true?
Question1543: The customer has reviewed the deliverables of a project and finds that they are acceptable, and must now communicate that acceptance to the project manager. Which form of communication is appropriate?
Question1544: In your construction project, the CPI is 0.85 and SPI is 1..2.5. What could be the potential reason?
Question1545: The three major types of communication are:
Question1546: You are the project manger at a software company developing the next-gen web application server. As software development can be very chaotic, your company has elected to follow the more rigorous approach to software development. Specifically, your company has chosen to adopt the Rational Unified Process (RUP) for your current software project. The RUP methodology is highly iterative and produces numerous deliverables include UML diagrams, architecture diagrams, prototypes, and test-cases. You have just produce the project schedule network diagram and just updated the project activity list. Which process have you just finished?
Question1547: What is the document that gives the PM the authority to apply organizational resources?
Question1548: Which conflict resolution style emphasizes agreement rather than focusing on areas of disagreement?
Question1549: The most common form of project communication is:
Question1550: You are managing an internal project where a vice president from the user group is acting as the sponsor. You have just been informed by your team that the critical path has slipped by three weeks. You should:
Question1551: Without a _______ the project cannot start.
Question1552: In the past, most project managers have come from _____ fields without proper _____ training or education in skills
Question1553: Most schedule simulations are based on some form of which of the following?
Question1554: The "control points" in the work breakdown structure used for isolated assignments to work centers are referred to as:
Question1555: The work that must be done in order to deliver a product with the specified features and functions is:
Question1556: You are the project manager for the international contract manufacturing firm with manufacturing the plants and offices in India, China and Thailand. Your company design and manufacture various consumer electronics such as flat screen, television, laptop computers, monitors, e.t.c.
Your company is in the process of bidding on a project to manufacture the next generation 128-bit video game console for x-cube station. As a potential bidder for this project your company must register so that it is on the qualified seller list. Which of the following statements are true?
Question1557: Which of the following represents the MOST important criterion when making a selection for a project manager for a project with a large scale in a technical industry?
Question1558: You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following are tools/ techniques you can use EXCEPT:
Question1559: In the first attempt in resource leveling the project schedule, what would you expect to occur?
Question1560: The performing organization is trying to decide whether to split the contracts department and assign procurement responsibilities to departments directly responsible for the projects. A procurement professional might not want this split to occur because they would lose ___________ in a decentralized contracting environment.
Question1561: Complete final contract performance reporting and verify product is done in
_______ .
Question1562: A summary activity describes a group of related schedule activities aggregated at some summary level, and displayed/ reported as a single activity at the summary level. What is another term for a summary activity?
Question1563: In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes.
Question1564: During which stage of Risk planning are risks prioritized based on probability and impact?
Question1565: As the project manager, you chair a weekly exchange of information meeting among team leaders. This is an example of communication that is:
Question1566: Which of the following statements re true regarding Herzberg's Hygiene theory?
Question1567: One of your friends is a manager at telecommunications company. She is currently managing a project developing a VoIP (Voice over IP) gateway that addresses the challenges facing service providers deploying packer-based voice networks. The gateway offers a comprehensive approach to implementing high-density carrier-class voice over packet gateway applications. All the technical work has already been completed on the project, and the project is in the closing phase. Which of the following should be performed at this stage?
Question1568: Which of the following is typically displayed as a S-shaped curve?
Question1569: Dennis works for an international manufacturer of consumer electronics. He has been recently assigned to supervise and manage the manufacturing of a new model of flat-screen televisions. His supervisor congratulates Dennis on his expanded responsibilities. He informs Dennis that his new assignment will have the 1000 units of the new flat screen manufactured by September. What of the following is true regarding Dennis's new assignment?
Question1570: Which of the following types of contracts allows the owner to transfer risk to the contractor:
Question1571: A team member is not performing well on the project because she is inexperienced in system development work. There is no one else available who is better qualified to do the work. What is the BEST solution for the project manager?
Question1572: Joe is a project manager on an industrial design project. He has found a pattern of defects occurring in all of his projects over the past few years and he thinks there might be a problem in the process his company is using that is causing it. He uses Ishikawa diagrams to come up with the root cause for this trend over projects so that he can make recommendations for process changes to avoid this problem in the future. What process is he doing?
Question1573: Measuring the probability and consequences of risks is part of:
Question1574: Parametric cost estimating involves:
Question1575: Procurement planning is the process of identifying which project needs can best be met by procuring products or services outside the project organization. When should this effort be accomplished?
Question1576: Including the customer in the process of project planning is:
Question1577: The way a project manager sends and receives information depends upon:
Question1578: Standard deviation of project completion is _____ .
Question1579: Which of the following statement about Project Planning Methodology is not accurate?
Question1580: What are the cost types in modern quality management?
Question1581: Which of the following is not a scope management process?
Question1582: Which of the following is NOT an example of a deliverable?
Question1583: You are responsible for launch operations of different NASA satellites. Your role is that of
a:
Question1584: Project Cost Management Plan is created as a part of:
Question1585: You are the project manager for a construction company. Your firm has been contracted to complete the construction of a 10-story office building. This project will use three point estimates to calculate the estimates for activity duration. You have the following estimates for task A (creating the foundation). Assuming the triangular distribution what is the average duration estimate based on the following three point estimates?
Pessimistic= 100 days
Optimistic= 40 days
Most likely=65 days
Question1586: The purpose of lessons learned documentation, that is an output of the contract closure process, is all of the following EXCEPT:
Question1587: Which of the following statements are false regarding RACI charts?
Question1588: We assign human and non-human resources in the _____ phase of the budget.
Question1589: You are in the build phase of the project. But it has run into several unanticipated problems. Several risks have surfaced which you had not anticipated earlier. The project is over-budget and behind schedule. What should you do?
Question1590: In a fixed price contract, the buyer decides to increase the scope of the work to make the product better. In this case the buyer can do all the following except:
Question1591: The three major causes of change on a project are-
Question1592: Risk diagramming techniques include all of the following EXCEPT:
Question1593: Which is generally not regarded as one of the three categories of culture that managers should master?
Question1594: Cost forecasting calculations include:
Question1595: The computation for Cost Performance Index is:
Question1596: In order to anticipate your management's approval of the amount of risk you plan to take on with your chosen project approach, you would use
Question1597: According to
Question1598: Which of the following is not a project?
Question1599: You work for a furniture manufacturer. Your project is going to design and produce a new office chair. The chair will have the ability to function as a regular chair and also the ability to transform its occupant into an upright, kneeling position. The design team is trying to deter mine the combination of comfort and ease of transformation to the new position that will give the chair the best characteristics while keeping the costs reasonable. Several different combinations have been tested. This is an example of which of the following tools and techniques of Quality Planning?
Question1600: You are the project manger for Xylophone Phonics. This company produces children's software programs that teach basic reading and math skills. You are ready to assign project roles, responsibilities, and reporting relationships. Which project Planning process are you working on?
Question1601: You're managing a construction project to install several hundred air conditioner panels in a new office building. Every floor has identical panels. The customer, a construction contracting company, has provided specifications for the installations. The team is using a process to install and verify each panel. As the team completes each panel, your team's quality control inspector measures it and adds the data point to a control chart. You examine the control chart, and discover that the process is out of control and you need to take close look at it immediately. Which of the following BEST describes what you found on the control chart?
Question1602: Which of the following terms is used to refer to the adjustment of task schedules to result in more effective human resource deployment?
Question1603: You are about to begin negotiations with people from another country. Which of the following should provide guidance on what business practices are allowed and not allowed?
Question1604: Understanding of _________________ characteristics of people is not part of understanding the cultural and social environment.
Question1605: The five major cost categories of quality are _____ .
Question1606: Contract file and formal acceptance and closure are outputs of which processes?
Question1607: For effective communication, the message should be oriented to the _____.
Question1608: Which one of the following is not an acquisition method?
Question1609: All of the following statements are true regarding the Activity Sequencing / Activity Duration Estimation process EXCEPT:
Question1610: The centerline of a standard "Shewhart' control chart represents:
Question1611: The identification, definition, and selection of the project objectives as well as the best approach to achieving the project objectives are indentified in the _____ phase of the project but first documented in the project _____.
Question1612: Forecasting human resource requirements necessitates making predictions about both the supply and demand of human resources. Which of the following is not a method used to forecast the demand for human resources?
Question1613: Which is not an output of the Activity definition process?
Question1614: Two of the types of discretionary dependencies that typically have an effect on the sequencing of the activities in the schedule are those containing "hard logic" and those containing "soft logic." An example of a "soft logic" dependency would be:
Question1615: A Project Status Report would include all of the following except:
Question1616: When a project manager is running over the budgeted costs, the project manager can typically _____ to attempt to get the project back on budget.
Question1617: _____ of the extra costs of the project can often be attributed to a lack of quality.
Question1618: What is the five whys method used for?
Question1619: Which types of Organizational Charts can be best used to track project costs:
Question1620: You work for a large manufacturing plant. You're working on a new project for an overseas product release. This is the company's first experience in the overseas market, and it wants to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the
Question1621: Quality control charts show a characteristic of the product or service against:
Question1622: Which devises and maintains a worktable scheme to accomplish the business need that the project was undertaken to address.
Question1623: The core function of the PM is
Question1624: In acceptance sampling, if the sample size is kept the same but the acceptance number is increased, which of the following will be true:
Question1625: You are in the process of making information available to project stakeholders in a timely manner. Which of the following statements are true?
Question1626: Which of the following statements are TRUE regarding the scope verification statement?
Question1627: Which of the following statements are FALSE regarding Expected Monetary Value Analysis (EMV)?
Question1628: Which of the following statements are true regarding project team management?
Question1629: Problems can occur in properly defining a project because:
Question1630: Which of the following are NOT parts of the PMI professional Code of
Conduct?
Question1631: The compromise conflict resolution technique
Question1632: Quality management deals with all of the following except:
Question1633: All of the following are outputs of the close project process EXCEPT:
Question1634: Which of the following is most closely associated with pure risk:
Question1635: Reverse analysis is a tool/ technique in ll of the following processes EXCEPT:
Question1636: All of the statements regarding rolling wave planning is TRUE EXCEPT:
Question1637: Which of the following is an input to the information distribution process?
Question1638: All the following are true about contract negotiation except:
Question1639: A project is considered successful when
Question1640: The Estimate At Completion (EAC) can be used to forecast the most likely total project cost based upon the current project performance. Which of the following formulas cannot be used to calculate the EAC?
Question1641: You have just completed the project planning process group, and you are ready to begin the project executing process group. You'll need to perform all of the following executing processes EXCEPT:
Question1642: Co-location can help with:
Question1643: Which of the following can be tracked using the WBS?
Question1644: One of your friends is a manager at telecommunications company. She is currently managing a project developing a VoIP (Voice over IP) gateway that addresses the challenges facing service providers deploying packer-based voice networks. The gateway offers a comprehensive approach to implementing high-density carrier-class voice over packet gateway applications. All the technical work has already been completed on the project, and the project is in the closing phase. All of the following should be performed at this stage EXCEPT:
Question1645: Resource Leveling is a technique for:
Question1646: Risks are accepted when:
Question1647: During which phase of the project lifecycle is the level of risk and uncertainty is highest?
Question1648: The concept of zero inventory is called:
Question1649: What should you take care of when you Monitor and control project work?
Question1650: Which of the following will you as the project manager need to determine the impact of a requested scope change by a customer? (Choose all that apply.)
Question1651: The primary communication skills you will use in working with your project sponsor will be:
Question1652: Cost Budgeting is defined as:
Question1653: Which of the following best describes the Plan-Do-Check-Act cycle?
Question1654: Quality audits are a tool/technique of which of the following processes?
Question1655: Quality management:
Question1656: You are currently in the marker for the new car. You are debating between two different cars. Car ABC is highly reliable car with an excellent track record. However, car ABC lacks some premium equipment, such as high-end audio system and sports suspension. On the other hand, car XYZ comes standard with various premium equipment including a sports suspension and high-end audio system. However, car XYZ is much les reliable and would require more
frequent maintenance and repairs. How would you characterized the two cars?
Question1657: In which of the following contract type will the buyer assume the highest risk for cost overrun and non-performance?
Question1658: Deflection involves the transfer of risk by:
Question1659: A Pareto chart helps focusing on...
Question1660: Which of the following are outputs from the Communications Planning process?
Question1661: A contingency plan is executed when:
Question1662: Which of the following is not an input to the Quality Control Process?
Question1663: The most expensive phase of life cycle costing is:
Question1664: Which of the following is an output of Verify Scope?
Question1665: Which of the following diagramming methods can only use finish-tostart relationships and may use dummy activities to express logical relationship between activities?
Question1666: The formal invitation to submit a price for specified goods/services is usually referred to as:
Question1667: Which of the following is not part of the acquisition process:
Question1668: When working in an environment that uses learning curves, the most effective plan for creating the perception that pay is related to performance is to provide the team members with an individual salary plus bonus based upon
Question1669: What is not true for project deliverables?
Question1670: Which of the following can result in misinterpretation of the statement of work?
Question1671: The delphi Method is best suited for:
Question1672: Which cost is not recoverable?
Question1673: The project manager has performed schedule network analysis, compressed the schedule, and completed a Monte Carlo analysis. What time management activity should be done NEXT?
Question1674: In dealing with the client/customer, the project manager should always
Question1675: When there is uncertainty associated with one or more aspects of the project, one of the first steps to take is to:
Question1676: In the initiation phase, project manager has been assigned to the project which process that must occur after this?
Question1677: Your project depends on a key deliverable from a vendor you've used several times before with great success. You're counting on the delivery to arrive on June 1. This is an example of a/an
Question1678: Which of the following is not a method of government procurement.
Question1679: Which of the following calculates how much additional budget is required in order to complete the project, assuming the current project performance to date?
Question1680: A document or tool which describes when and how human resources will be brought onto and taken off the project team is called a:
Question1681: A Project Manager must have good understanding of the mechanics of power and politics to be effective. As defined by Pfeffer, power includes all the following except:
Question1682: Your project sponsor has asked you to produce a Risk Management Plan for your current project. Which of the following best describes how you should tailor the plan to your project?
Question1683: All of the following statements are true regarding the request seller responses process EXCEPT:
Question1684: The project Manager determines that 100% inspection is required for the product. The best statement to describe this approach is:
Question1685: Which performance measurement tells you how much more of the budget is required to finish the project?
Question1686: Which of the following best describes the following organizational structure? Exhibit:
Question1687: All of the following statements are true regarding a change control system EXCEPT:
Question1688: In the project environment, the individual ultimately responsible for quality control is:
Question1689: The process of evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards is called:
Question1690: The first document produced on a project SHOULD be the:
Question1691: The most important criteria in selecting project selection method is:
Question1692: In a weak matrix organization, functional managers are usually responsible for:
Question1693: Which of the following approaches is likely to lead to the MOST lasting solutions in cases of conflict resolution?
Question1694: In which type of organization is team building likely to be most difficult.
Question1695: Which of the following statements relating to Assumptions is inaccurate?
Question1696: Projects are typically authorized as a result of one or more of the following needs:
Question1697: Which equation correctly illustrates the cost variance of a project, in dollars?
Question1698: The members of your project team have been assigned to your project with general availability levels of 50%.
Yesterday, they reported to you that significant variances occurred during project execution. You observed that the team members are spending less than 50% of their time working for your project. Your project schedule is on the way to become heavily delayed and deadlines are in jeopardy. What should you do?
Question1699: You are managing a software project. During a walkthrough of newly implemented functionality, your team shows you a new feature that they have added to help make the work flow in the product easier for your client. The client didn't ask for the feature, but it does look like it will make the product easier to use. The team developed it on their own time because they wanted to make the client happy. You know this change would never have made it through change control. What is this an example of?
Question1700: Which of the following statements are true regarding Management Reserves?
Question1701: Which of the following statements are true regrinding issue logs?
Question1702: Who is responsible for decide project management process for a particular project?
Question1703: Which of the following statements regarding the project charter is FALSE?
Question1704: Your project team has identified several potential risks on your current project that could have a significant impact if they occurred. The team examined the impact of the risks by keeping all the uncertain elements at their baseline values. What type of diagram will the team use to display this information?
Question1705: Which of the following would you use in risk identification due to it allowing a systemic evaluation of the work?
Question1706: Contingency planning should include all but which of the following?
Question1707: During the Develop Schedule process the Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. All of the following are tools and techniques that may be used during this process:
Question1708: A negative result from an SV calculation means which of the following?
Question1709: Which of the following is not part of contract administration
Question1710: The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
Question1711: You are in the middle of a major new facility construction project. The structural steel is in place and the heating conduits are going into place when a senior manager informs you that he is worried that the project will not meet the quality standards. What should you do in this situation?
Question1712: You have been recently assigned to provide an accurate project schedule for constructing a new 50-story casino in Las Vegas, Nevada. You are evaluating the network diagram for the construction project, and are in the process of identifying the critical path of the project. Based on the following diagram, which path is the critical path?
Exhibit:
Question1713: The purpose of the review of deliverables and project performance at the conclusion of a project phase is to-
Question1714: Your company policy allow to gift exchange with customer within certain limit. By
Mistake, you have given a gift to the customer's representative already which is beyond the limit mentioned in your company policy. What should you do?
Question1715: You are in the process of defining the specific activities that need to be performed to develop the necessary project deliverables. Which of the following are NOT outputs that you will produce during this process?
Question1716: You are in the process of controlling changes to the project schedule. All of the following
are outputs of this process EXCEPT:
Question1717: Which is not a negotiation tactic?
Question1718: Which statement relating to Scope Verification and Quality control is correct?
Question1719: The scope management provides:
Question1720: Your company is making a strategy shift: form being focused on fulfilling customer requests for becoming the best cost dairy producer in industry. Its existing cost manufacturing cost system, however fails to capture the costs associated with handling special flavors, small production orders, and complex delivery and order processing options. Hence you've been assigned to supervise an existing project to develop a new time-drive, activity-based costing system that will capture the full complexity of the company's operations and gives managers new insights into the profitability orders, products, and customers. Senior management will use the information to enhance process efficiencies, negotiating new terms with customers, and attempt to win new business. You are taking over the project during the planning process group. Upon reviewing the project charter, you discover that eight individuals were requiring to sign-off the project charter in order to authorize the project. Which of the following should cause the MOST concern?
Question1721: A project manager wants to transmit a complex message to several subordinates. What is the best medium by which the manager can get his message across?
Question1722: Extensive use of ___ communication is MOST likely to aid in solving complex problems.
Question1723: A project manager is running into problems with the team. People are repeatedly running into trouble over seemingly small problems: who takes notes at meetings, what dress is appropriate for the office, who people need to notify when they take a day off. The problems started out small, but as more people run into more problems the situation is rapidly escalating. This situation is most likely caused by a lack of:
Question1724: Root Cause Analysis related to ________.
Question1725: Which of the following results are Win/Win conflict resolution?
Question1726: Which technique would you apply to control the project schedule?
Question1727: Communication in both project and non-project-driven organizations should occur in directions.
Question1728: Which of the following best describes the process of identifying which project needs can be met by procuring products or service outside the project organization?
Question1729: Which of the following BEST describes when you perform the Monitor and Control Project Work process?
Question1730: All the following are inputs to Activity Duration Estimating except:
Question1731: The sum of the products and services to be provided as a project is called:
Question1732: Inputs to scope verification include the following
Question1733: Which of the following is the correct order of actions that you take during the Closing processes?
Question1734: Projects frequently do not meet customer expectations from which of the following reasons?
Question1735: Which is the BEST description of project scope?
Question1736: You are the project manager assigned to install the electrical wiring for a 20,000 square foot office building that is currently under construction. You are trying to estimate the costs of this project. You know from past experience that is costs approximately $3 per square foot to properly wire and entire building. As your building will be 20,000 square feet you estimate that the project will cost approximately $60,000. What type of estimating technique did u used?
Question1737: You work for a consulting company and your team has implemented an approved scope change on your project. You need to inform your client that the change has been made.
What's the best form of communication to use for this?
Question1738: Which of the following risks should be classified as a force majeure risks?
Question1739: What are the four parts of the communications model?
Question1740: The most rapid Estimate Costs technique is:
Question1741: Which of the following statements are NOT techniques used to resolve conflicts on a project?
Question1742: You know that the next status meeting will require some discussion and a decision for a problem that has surfaced on the project. To make the most accurate decision, you know that the number of participants in the meeting should be limited to ___________________.
Question1743: Qualitative risk analysis requires accurate data as its input. Risk data quality assessment ranking is a technique to evaluate the degree to which the data regarding risks would be
careful. Risk quality data assessment involves examining all of the following EXCEPT:
Question1744: The determination of conformance with scope requirements is called ____?
Question1745: ____________ formalizes the acceptance of the project or phase and bringing it to an orderly end.
Question1746: You are the project manger assigned to build the house. You have determined the dependencies between activities on the project. One of the activity dependencies is that the foundation of the house must be created prior to the construction of the frame which of the following is true?
Question1747: Management by objectives assumes that the team
Question1748: In WBS diagramming, the work package is:
Question1749: The document that describes the project's scope baseline is:
Question1750: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade
will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses. You've determined the following information so far: Activity X has an
early start of day3, early finish of day6, and a late finish of day10. Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 1.2
and the SPI is 1.3.
Midway through your project, your client has requested additional deliverables to your project. Fortunately, you have already determined that this functionality will only add one extra week to the critical path. To accommodate this request, you've determined that you could fasttrack
the schedule to recover one extra week. Which of the following should you perform NEXT?
Question1751: Which of the following is referred to as payback period:
Question1752: What does one call the person responsible for the funding for a new project's conceptual study?
Question1753: You joined the company recently as a Project Manager. To familiarize you with the company policies and best practices, you are teamed up with another project manager in the company through the "Buddy System." The communication between both of you will be:
Question1754: You've been hired as a project manager for a local community college. The community college wants you upgrade the hardware for each of its web servers, and install the necessary security patches for each webserver. You are ready to begin the activity duration estimation process. You are told that there are total 50 web-servers that need to be upgraded. From past experience, you know that it takes about two hours to upgrade the hardware and install patches on each web server. Therefore, you estimate that it will take approximately 100 hours to complete this project. Which duration estimation technique did u just see?
Question1755: Your team is split between two buildings on either side of town. As a result, the team isn't very cohesive because the members don't know each other very well. The team is still in the storming stage because of the separation issues. Which of the following should you consider?
Question1756: All of the following statements regarding decision tree analysis are true except:
Question1757: Which of the following statements regarding Resource Breakdown structure are true EXCEPT:
Question1758: You are the project manager for an upcoming outdoor concert event. You're working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You're comparing the cost of purchasing a software product to the cost of your company programmers writing a custom software program. You are engaged in which of the following?
Question1759: You are developing the project scope statement for a new project. Which of the following is NOT part of creating a project scope statement?
Question1760: You have been recently assigned to provide an accurate project schedule for constructing a new 50-story casino in Las Vegas, Nevada. You are evaluating the network diagram for the construction project, and are in the process of identifying the critical path of the project. Based on the following diagram, which path is the critical path?
Exhibit:
Question1761: You are in process of completing and settling each contract application to the project or project phase. Which of the following are NOT outputs of this process?
Question1762: Which of the following are included as part of a scope statement?
Question1763: Which technique would you be using if you analyze which sequence of activities has the least amount of flexibility when you need to predict project duration?
Question1764: What are the five project management process groups, in order?
Question1765: You are holding end-of-phase meetings with your team members and key stakeholders to learn what has hindered and helped the project team's performance of the work. All of the following are true regarding this situation except for which one?
Question1766: Your company policy allows accepting gifts from customer within certain limit.
Your customer is giving you a gift which is beyond limit of your company policy.
You have given a gift to the customer's representative already with of similar value.
What should you do?
Question1767: Job continuity would be an example of _____ in Maslow's hierarchy of needs.
Question1768: In a contract, the point of total assumption refers to the point where:
Question1769: A company attorney, newly hired by the company, walks into the project manager's office and tells her that he is ready to work with her on the procurement process. The project manager has little experience with procurement, so she is excited to have the assistance. With which of the following would it be BEST for the project manager to ask the attorney for help?
Question1770: Which of the following describes an input to the direct and manage project execution process that consists of documented, authorized directions that reduce the probability of consequences associated with project risks?
Question1771: What limits the options of the project team?
Question1772: Which of the following statements are TRUE regarding the difference between a project expeditor and project coordinator roles?
Question1773: You are the Chief Technology officer of a major Stock Exchange. You are in charge of a project to reengineer the organization's bank office accounting, billing and administrative systems. Your project team is in the process of implementing the technical work required for the project. However, one of the stakeholders for your project is requesting minor changes to the project deliverables. You call a meeting with your project team to determine how to best proceed with the change. This is an example of which of the following?
Question1774: Which of the following represents the BEST way to organize project activities for scheduling?
Question1775: You are the project manager within an information technology department of a large retailer In order to allow for better real-tracking, in inventory control, and supply chain management, in inventory control, and supply chain management, your company in financing a project to install and to install and deploy RFID on all items of merchandise. As the project manager, you've just completed the select sellers' process, and selected a vendor to perfume the RFID installation
and deployment. After the contract is singed with the vendor, the account manager
from the vendor calls to thank you for selected them. As a thank-you gift, they'll be sending you round-trip ticket to Hawaii for you and your family. How should you respond?
Question1776: A cost-plus-incentive-fee (CPIF) contract has an estimated cost of $150,000 with a predetermined fee of $15,000 and a share ratio of 80/20. The actual costs of the project is $130,000. How much profit does the seller make?
Question1777: You are in the process of establishing a total cost baseline for measuring project performance. Which of the following is the LEAST helpful tool / technique?
Question1778: The range of time allowed for an activity to be completed in is the _____.
Question1779: Your company has just received approval to purchase a company that offers complementary services to your company. They have assigned you as the project manager for the acquisition. The CFO ha s handed you a Project Charter that describes how this acquisition will improve penetration and open up a new distribution channel for your company's products. She has also given you authority to apply organizational resources to project activities. You are anxious and excited as you head back to your office to organize your thoughts and begin the planning process. Using the Project Charter you define the deliverables and the objectives. The output from this process is the:
Question1780: Fixed-price and incentive-type contracts place responsibility for performance and financial risks associated with delay or non-performance on the:
Question1781: Feasibility studies occur in which life cycle phase (s)?
Question1782: Risk can be divided into two basic types; business risk and pure (or insurable risk). Of the following, which one(s) fall(s) under business risk?
Question1783: Define Activities is typically performed by which of the following:
Question1784: Which of the following processes involves allocating cost estimates in order to establish a cost baseline for measuring project performance?
Question1785: You are aware that an employee in your project may potentially get a promotion - however, there is a possibility that he may get transferred after his promotion, thus impacting your project. In this situation, you should:
Question1786: Which project selection methods are use only in certain types of projects and are not going to be used for simpler projects?
Question1787: You have been assigned to a project to build the largest
Question1788: It is useful to conduct project risk assessment according to the project's
Question1789: Sensitivity analysis can be used in risk analysis to:
Question1790: Project Integration Management
Question1791: A project management professional can compare earned value performance data to all of the following project management tools EXCEPT:
Question1792: What do you expect when you are submitting an Invitation to Bid to sellers?
Question1793: During project executing, a project team member informs the project manager that a work package has not met the quality metric, and that she believes it is not possible to meet it. The project manager meets with all parties concerned to analyze the situation. Which part of the quality management process is the project manager involved in?
Question1794: Which of the following NOT input to project initiation process?
Question1795: Which performance measurement tells us how much more of the budget is required to finish the project?
Question1796: Project tradeoffs are usually made by comparing _____ and constraints.
Question1797: Please refer to the chart given below, which shows the time estimates for different tasks:
What is the impact on the project if task 1->2 takes 2 months more than what was earlier planned? (Choose best answer)
Question1798: A project underwent a major Scope change, which increased cost and work levels. What does this mean for Earned value data?
Question1799: You are the project manager fro the large children's toy manufacturer. You have been asked to manufacture the latest craze in "Dancing Widgets" for upcoming Christmas season. You've been informed that the company needs at least one month lead time in order to have Widgets on retailer's shelves for Christmas season. Hence, based on the current sales forecast you've been asked to deliver 100,000 units by November 1st at the least. Since the toys will be used by young children, the "Dancing Widgets" must be manufactured to meet very specific safety specifications. Your company drives 90% of if its revenue from sales generated during the Christmas holiday season. As a result, you have been given a budget of $15 million dollars to complete this project. Which of the following is the primary constraint for this project?
Question1800: According to the PMI, which of the following best describes "phase exists"?
Question1801: Which of the following is an element of procurement management:
Question1802: ADM is an activity-on-arrow method. In this method, a dummy activity:
Question1803: You are in the process of controlling changes to the project cost baseline. Which of the following is the LEAST helpful tool/ technique?
Question1804: Which of the following statements are true regarding collocation?
Question1805: You are project manager for a project with a multi-million value assigned by a company that is listed at a US stock exchange.
Recent Earned value analysis after app. 25% completion told you that your project has a CPI of 0.76. What should you do right now?
Question1806: When components in a system are arranged in series, system reliability be:
Question1807: The amount of authority a project manager possesses can be related to
Question1808: A period of time in work weeks which includes non-working days is called:
Question1809: Your project selection committee used a weighted scoring model and found that Project B, with a score of 54, should be chosen over the other competing projects. Which of the following is true?
Question1810: A staffing management plan includes all of the following except:
Question1811: You've been hired as a manager for the adjustments department of a nationwide bank based in your city. The adjustments department is responsible for making corrections to customer accounts. This is a large department, with several smaller sections that deal with specific accounts, such as personal checking or commercial checking. You've received your first set of management reports and can't make heads or tails of the information. Each section appears to use a different methodology to audit their work and record the data for the management report. You request a project manager from the PMO to come down and get started right away on a project to streamline this process and make the data and reports consistent. This project came about as a result of which of the following?
Question1812: Which of the following options is irrelevant to the resource assignment matrix in project planning?
Question1813: The inputs to Cost Budgeting includes all of the following except:
Question1814: Which of the following best describes a conflict resolution technique the temporarily solves a problem by downplaying the problem to make the problem appear less important/ critical?
Question1815: To the extent possible, final contract language should reflect all agreements reached. Subjects usually covered contract financing, price and
Question1816: You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project scope changes, requested changes, and updates to the project scope management plan. Which of the following process did you just complete?
Question1817: There are two major types of reserves used on projects. The _____ is for (usually major) scope changes that were not considered as part of the original plan, whereas the _____ is to compensate for minor changes in estimating, escalation factors.
Question1818: A project manager trying to communicate accurately to the team should use:
Question1819: Three-Point Estimates includes _________.
Question1820: You are in the process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:
Question1821: An Activity has an Optimistic estimate of 10 days, pessimistic estimate of 16 days, most
likely estimate of 13 days. If your company has a quality requirement of 6 sigma, what is the duration within which this task must be completed?
Question1822: The capacity to get an individual or group to perform a given task is described as:
Question1823: Which of the following statements are FALSE regarding project scope management plan?
Question1824: If the acceptance sampling attribute for a production lot is 20 percent
Question1825: You are a contract project manager for a wholesale flower distribution company. Your project involves developing a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You've discovered a problem with one of the technical processes needed to perform this project. You decide to perform root cause analysis to determine the cause of this problem and recommended preventive actions. Which of the following is true?
Question1826: Which of the following represents the MAIN function of the change control board?
Question1827: Which of the following is not a tool or technique for overall change control?
Question1828: You are an information security project manager responsible for securing your cooperate network. Due to new regulations mandated by the Sarbanes-Oxley act your company's upper management has tasked you with securing the company's network infrastructure. You have just completed the Develop Preliminary Project Scope Statement process. However, upon review you have determined that the resulting Preliminary Project Scope Statement is ambiguous and poorly written. A poorly written Preliminary Project Scope Statement will directly impact all of the following subsequent processes EXCEPT:
Question1829: Which of the following best describes the following organizational structure? Exhibit:
Question1830: The _____________ task relationship is defined by the activity duration:
Question1831: What are the Scope Definition process tools and techniques?
Question1832: A Schedule Management Plan is developed in which of the following knowledge areas:
Question1833: You are currently finishing a project under contract to develop and build some machining equipment for a customer. Your organization took over the obligation to solve certain problems if they come up during a contractual Warranty period of one year after Start of production.
What do you not consider during the warranty period?
Question1834: You are the project manager at Day-Old donuts a rapidly growing franchise selling premium donuts at a discount. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion including France, Germany and England. You need to give the presentation to the steering committee to discuss which areas provide the best opportunities for expansion. For each of the three locations, you have been asked to determine the discount rate at which the present value of future cash flows of an investment equal to the cost of investment. What is this considered?
Question1835: In small companies, project managers and line managers are:
Question1836: When performing scope control, which of the following options is necessary?
Question1837: You are in the process of directing the performance of the planed project activities and managing the various technical and organizational interfaces that exist within your project. All the
following are actions that you should perform in this stage except:
Question1838: Which of the following is least likely to be a source of conflict in a matrix environment?
Question1839: The core planning processes include:
Question1840: In which type of organization(s) is the project manager's role most likely part-time?
Question1841: The project manager should be assigned during what phase
Question1842: Which of the following statements are true regarding project endings?
Question1843: All of the following are considered schedule network analysis techniques EXCEPT:
Question1844: You are a project manager for a company that sells online music. Your project is to develop new content management system that will not only manage all users purchases and downloads but will automatically learn the users music interest to make future product recommendation. In addition your content management system must scale to support millions of current music downloads a day. Your team has made a significant progress on the project. You are preparing the performance of the project to date and have calculated the following measurement:
PV=4000, EV=3500, AC=3000
What is the CPI of the project?
Question1845: You are a project manager for a software manufacturing firm. The project you've just finished created a new software product that is expected to become a number-one seller. All prerelease of software is handled through the marketing department. A friend of yours is a certified software instructor. They have asked you for a copy of the software prior to the beta release so they can get familiar with it. What is the most appropriate response?
Question1846: Which of the following statements most accurately describes the difference between plan purchases and acquisitions and plan contracting?
Question1847: You are the Project Manager responsible for developing a software application based on customer requirements. As the customer requirements keep changing frequently, you use all the following tools for Integrated Change Control except:
Question1848: You are refining the product description for your company's new line of ski boots. Which of the following statements is true?
Question1849: A particular Process produces parts with Standard Deviation = 6 unit. Every 3 hrs, a sample of 4 items is taken & its mean is plotted. The Standard Deviation of the mean is
Question1850: During project implementation the client interprets a clause in the contract to mean the he is entitled to a substantial refund for work recently completed. You review the clause and disagree with the client's conclusion. As the project manager which of the following actions should be taken?
Question1851: Which of the following organizational forms would be likely to have an individual with the title of Vice President for Project Management?
Question1852: You are a project manager for a growing dairy farm. It offers its organic dairy products regionally and is expanding its operations to the West Coast. It is in the process of purchasing and leasing dairy farms to get operations underway. You are in charge of the network operations part of this project. An important deadline is approaching that depends on the successful completion of the testing phase. You've detected some problems with your hardware in the testing phase and discover that the hardware is not compatible with other network equipment. You take corrective action and exchange the hardware for more compatible equipment. Which of the following statements is true?
Question1853: You have been recently hired to be a project manager at a bio-tech company to develop treatment for diabetes. George is the voice president of R&D. he tell you that your project is over budget and that you need to reduce salary expenses by $500K. Which type of power is George yielding in order to influence your decisions?
Question1854: You are in the process of painting your house. Since you do not want to start painting your house prior to rain storm, you check the weather report to make sure that weather is permitting. Which type of dependency best describes the relationship between the weather and your project?
Question1855: Coordinating changes across knowledge areas is a function of:
Question1856: All of the following knowledge area process do NOT have processes in the Executing process group EXCEPT:
Question1857: Characteristics of a code of accounts are
Question1858: The WBS is an input to all of the processes EXCEPT:
Question1859: All of the following statements are true regarding Ishikawa diagrams in the Risk Identification process except which one?
Question1860: During what Time Management Process are the specific activities that must be performed to produce the deliverables in the WBS identified and documented?
Question1861: In your software project, you have a programmer who constantly professes to know all about project management, and keeps challenging his superiors. The programmer is playing the role of a (an):
Question1862: You are a project manager for Star Light Strings. Star Light manufactures strings of lights for outdoor display. Its products range from simple light strings to elaborate lights with animal designs, bug designs, memorabilia, and so on. Your newest project requires a change. You have documented the characteristics of the product and its functionality using which of the following tools and techniques?
Question1863: What is wrong in this diagram? Exhibit:
Question1864: Risks that may affect the project can be identified and organized into risk categories. Which of the following is a not possible risk category?
Question1865: Which of the following statements are false regarding cost and schedule variances?
Question1866: Which of the following processes has risk register as the primary output?
Question1867: Using visual aids during management/customer presentations will:
Question1868: Documented work authorization provide:
Question1869: A bar chart shows the number and type of resources you need throughout your project is called a _______________.
Question1870: Which statement describes best the purpose of the Communications management plan?
Question1871: Complete the following sentence: "The later a defect is found, __________."
Question1872: An important part of performing stakeholder analysis is documenting quantifiable expectations. Which of the following expectations is quantifiable?
Question1873: Which of the following is NOT one of the triple constraints?
Question1874: Which of the following constitute Juran's "quality trilogy":
Question1875: The primary function of the Closing processes is to perform which of the following?
Question1876: Which of the following is NOT an output of the Close Project process?
Question1877: A regulation is a document that lays down provisions with which compliance is mandatory.
Question1878: Which of the following statement regarding competitive methods, scoring methods, and cash flow analysis?
Question1879: Who should always issue the project charter?
Question1880: Which of the following methods will be MOST effective when developing a project team within a matrix organization?
Question1881: Which is not an activity included in the Integrated change control process?
Question1882: Optimistic 3 days, Pessimistic 9 days, and mostly likely 6 days. What is the standard deviation of this estimation?
Question1883: The Pareto Principle is a technique used by quality managers to determine which quality control problems of a particular service or manufacturing process should be corrected. Which of the following statements represents the philosophy of the principle?
Question1884: Excessive flexibility in specifying requirements will _____ the likelihood of time overruns.
Question1885: You are project manager for a project. This project was originally scheduled for completion in 1 year but already 2 years over and now also project is in execution phase. Which statement is TRUE about the project?
Question1886: All of the following can be used to estimate the contingency reserves during Activity Duration Estimation EXCEPT:
Question1887: You are negotiating with a seller. Time is of the essence but you have a limited budget, and the seller knows this. What is your BEST negotiating strategy under these circumstances?
Question1888: You are considering outsourcing some of the work on your project. Doing this will reduce the amount of time it takes to complete the milestone, and it will increase the budget. You should document your decision and the reasons for it in:
Question1889: As project manager, you prepare written input to the performance appraisals of functional personnel assigned to your project. This activity is a part of which human resources process?
Question1890: One document which contain the business need of the project, list of stakeholders and resources. Who is responsible to create the document?
Question1891: You are a project manager responsible for constructing a new sports arena in preparation for upcoming Olympics. Construction begins on a project over a year ago. Stakeholders of the project want a status report on the performance of the project to the date. You have obtained the following measurement:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date to be atypical, and except these variances to continue. Based on the information above what will be the VAC for the project?
Question1892: The process of identifying which products or services can be procured outside the project organization is done as part of:
Question1893: Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on source selection?
Question1894: A structured tool, usually industry or activity specific, used to verify that a set of required
steps has been performed is called:
Question1895: Which of the following is based on an individual identification with a more powerful person.
Question1896: The "buy or make" decision is usually made during the:
Question1897: Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, two of which will be introduced together and a third one that will follow within two years. You are ready to create the WBS. All of the following are true expect for which one?
Question1898: You are a project manager at a construction company who is working in a foreign country to perform reconstruction work for the various infrastructure and utility services, including water, sewage, and electricity. During your initial visit to the country, you were presented a jewelry gift valued over $5,000. you were told that this is local custom to give such gifts to business partners during their visits. What should you do?
Question1899: Reserve Analysis technique NOT used during __________.
Question1900: You work for a large manufacturing plant. You are working on a new project to release an over-seas product line. This is the company's first experience in the overseas market, and it want to make a big splash with the introduction of this product. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the
Question1901: Which of the following best describes this illustration? Exhibit:
Question1902: Inputs to risk management include
Question1903: You are about to close a project which comprises of the development of a production line for an automotive component. A key metric of the component has a diameter of 1".
To get acceptance for the production plant, acceptance sampling during a test run is being used. Results will be depicted on a control chart with +-3sigma precision.
It has been agreed that over a representative sample size of 150, the standard deviation of the production variation of this metric must not exceed 4.2um.
During the acceptance run, the metric is being taken with new measuring equipment. The data sheet of the measuring equipment states a standard deviation of its measuring variation of 3.0um.
The measurements taken show a variation for the metric with a standard variation of 5.0Xm.
Question1904: Change requests can occur due to:
Question1905: You are the project manager for Fun Days Vacation Resorts. Your new project assignment is to head up the Fun Days resort opening in Austin, Texas. You are estimating the duration of the project plan activities, devising the project schedule, and monitoring and controlling deviations from the schedule. Which of the Project Management Knowledge Areas are you working in?
Question1906: Which of the following process is involved with the completion and settlement of the contract?
Question1907: Projects may be chartered by all of the following bodies, except?
Question1908: In which of the following circumstances is it BEST to make use of the project management approach? (Choose all that apply.)
Question1909: Project Plan includes:
Question1910: Which process group is responsible for authorizes the project in organization?
Question1911: Cost of quality is:
Question1912: You are a new project manager who has never managed a project before. You have been asked to plan a new project. It would be BEST in this situation to rely on _______ during planning to improve your chance of success.
Question1913: Scheduling systems such as PERT, ADM, and PDM are project management tools to be used by:
Question1914: Which of the following techniques do project manager used most often to resolve conflicts?
Question1915: While preparing your risk responses, you realize that you have not planned for unknown risk events. You need to make adjustments to the project to compensate for unknown risk events. These adjustments are based on your past project experience when unknown risk events occurred and knocked the project off track. What should you do?
Question1916: Which of the following is not one of Crosby's Four Absolutes of Quality?
Question1917: A modification of a logical relationship that allows an acceleration of the successor task is represented by:
Question1918: All of the following are types of strategies that one can use to deal with risks with upside opportunity EXCEPT:
Question1919: Which of the following is NOT part of stakeholder's management?
Question1920: At the beginning of Project execution, you notice different opinions between team members relating to project work and deliverables and to the level of overall complexity.
What should you do right now?
Question1921: A program is defined in the PMBOK as:
Question1922: In a country with high level of violence in public, a local police officer requires a private money transfer to ensure the safety of your team. How do you react?
Question1923: Which of the following statement is FALSE about progressive elaboration?
Question1924: You are a project manager of Software Product Company. After hired a person you got to know that many of this person's ideas were developed by the competing company. Are you going to implement the same ideas?
Question1925: Being the project manager in a software project which is currently initiated, you want to assess high level risks. What should you do?
Question1926: Which of the following statements are FALSE regarding expected monetary value analysis (EMV)?
Question1927: In which project management process group; project charter is created?
Question1928: An effective Project Manager does not share project _____ with the team members.
Question1929: You are the project manger for Xylophone Phonics. It produces children's software programs that teach basic reading and math skills. You're performing cost estimates for your project and don't have a lot of details yet. Which of the following techniques should you use?
Question1930: Which of the following questions is a functional Manager most likely to ask:
Question1931: Resource Breakdown Structure is an example of:
Question1932: All of the following are components of Project Integration Management except:
Question1933: Which of the following is NOT a tool in Risk Identification?
Question1934: Which of the following statements best describes the responsibility of the Change Control Board (CCB)?
Question1935: Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely
6 days, what is the PERT weighted average?
Question1936: Which of the following statement related to Standards and Regulations is not correct?
Question1937: You are managing a software engineering project, when two team members come to you with a conflict. The lead developer has identified an important project risk: you have a subcontractor that may not deliver on time. The team estimates that there is a 40% chance that the subcontractor will fail to deliver. If that happens, it will cost an additional $15,250 to pay your engineers to rewrite the work, and the delay will cost the company $20,000 in lost business. Another team member points out an opportunity to save money an another area to offset the risk: if an existing component can be adapted, it will save the project $4,500 in engineering costs. There is a 65% probability that the team can take advantage of that opportunity. What is the expected monetary value (EMV) of these two things?
Question1938: Budgeted contingencies can be determined by:
Question1939: What is important for Quality auditors?
Question1940: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses. You've determined the following information so far: Activity X has an early start of day3, early finish of day6, and a late finish of day10. Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 1.2 and the SPI is 1.3. Midway through your project, your client has requested additional deliverables to your project. Fortunately, you have already determined that this functionality will only add one extra week to the critical path. To accommodate this request, you've determined that you could fast track the schedule to recover one extra week. Which of the following should you perform NEXT?
Question1941: The major difference between PERT and CPM networks is:
Question1942: Which is not used to document team member roles and responsibilities ?
Question1943: Which of the following is NOT a tool of the Scope Definition process?
Question1944: With respect to risk management planning, timing defines how often risk management processes should be performed throughout the project lifecycle. Which of the following is the key factor affecting timings?
Question1945: All of the following statements describe the activity list except which one?
Question1946: All of the following are typical concerns of matrixed team members EXCEPT:
Question1947: What is signified when a forward and backward pass indicates total float is equal to
-
20 days?
Question1948: How much time does the typical project manager spend communicating (formal and informal)?
Question1949: The formalization of management's attitude toward risk is called _____ .
Question1950: A collection of documents that will change over time as more information becomes available is called:
Question1951: The most common form of written project communication is
Question1952: The customer's expectations for quality are shown on a control chart as the:
Question1953: Hard logic in the preparation of a network refers to:
Question1954: You are in the process of estimating the type and quantity of resources needed to complete
individual schedule activities. All of the following are tools/ techniques you can use in this process EXCEPT:
Question1955: Your company creates software products. It is introducing a new product. To determine the characteristics and features of the new product line, you will have to perform which of the following?
Question1956: Which of the following is not an input into procurement planning?
Question1957: Which of the following is illustrated by a resource histogram?
Question1958: Which of the following inputs belongs to Resource Planning?
Question1959: Input into the Communications Management Plan includes the following information from the stakeholder analysis:
Question1960: In optimal organization structure, the project manager is:
Question1961: During execution in a project to build a major road bridge, your team found a hefty flaw in the technical drawings. On an ad-hoc base, they had to find and implement a workaround to avoid delays and mitigate technical problems. What should you do next?
Question1962: The project charter, either directly, or by reference to other documents, should address all of the following EXCEPT:
Question1963: You are in the process of defining the specific activities that need to be performed to develop the necessary project deliverables. Which of the following are NOT tools/ techniques that you can use in this process?
Question1964: Which of the following is a configuration management activity that provides the basis from which the configuration of products is defined and verified, products and documents are labeled, and changes are managed?
Question1965: The identification, definition, and selection of the project objectives as well as the best approach to achieving the project objectives are indentified in the _____ phase of the project but first documented in the project _____.
Question1966: What should be done by a project team in the event of a situation where a project plan and end-date has been established already and the customer requests that additional work should be included without compromising the end date? (Cost is not a factor.)
Question1967: If a project has an 80% chance of having the scope defined by a certain date and a 70% chance of obtaining approval for the scope by a certain date, what is the probability of both events occurring?
Question1968: You identified a technical risk in your project and assigned a contingency for that. Planning contingency reserves is part of what risk response strategy?
Question1969: Managers who adopt a sound, but prudent managerial style are called
Question1970: The earned value report BCWP at the end of the project
Question1971: Which is not a tool or technique for project plan execution:
Question1972: The project manager has the greatest influence over quality during which process?
Question1973: Which of the following statements regarding Resource Breakdown structure are true EXCEPT:
Question1974: The Statement of Work (SOW) is developed during the _____ cycle.
Question1975: Configuration management activities included in the integrated change control process include all of the following EXCEPT:
Question1976: Outputs from the initiation process are:
Question1977: Which of the following conflict resolution techniques describes a loselose situation where one of the parties involved in the conflict reduces to discuss the conflict, and hence, a resolution is never achieved
Question1978: What is not true for Change requests?
Question1979: All of the statements regarding control accounts and planning packages are true EXCEPT:
Question1980: The contingency allowances established to cover unforeseen costs on your project have been set at 8% of total project cost. The total dollars in the contingency allowances are _____ as the project nears completion.
Question1981: Which of the following describes the Executing process group?
Question1982: Your team has recommended a change to the scope verification process. What's the first thing you should do?
Question1983: Decision models used in project initiation include:
Question1984: A project manager believes that modifying the scope of the project may provide added value for the customer. The project manager should:
Question1985: Which of the following statements are FALSE regarding sensitivity analysis?
Question1986: Which of the following is true?
Question1987: You are the project manager for BB Tops, a nationwide toy store chain. Your new project involves a creating a prototype display at several stores across the country. You are hiring a contractor for portions of the project. The contract stipulates that you'll pay all allowable costs and an 8 percent fee over and above the allowable costs at the end of the contract. All of the following describe this type of contract except for which one?
Question1988: Overall change control is concerned with all of the following except:
Question1989: What is the primary motivational tool of quality Theory X?
Question1990: Which point in time does a Payback period analysis identify?
Question1991: You are the project manager for Rivera Gourmet Adventure Vacations. Rivera combines the wonderful tastes of great gourmet food with outdoor adventure activities. Your project involves installing a new human resources software system. Jason, the database analyst working on this project, is overallocated. Which of the following statements is true?
Question1992: You are a project manager responsible for constructing a new sports arena in preparation for upcoming Olympics. Construction begins on a project over a year ago. Stakeholders of the project want a status report on the performance of the project to the date.
Unfortunately you are afraid to tell stakeholder that project is coming in significantly behind schedule. In fact schedule delays are so severe that the rebaselining of the project is required. Which of the following statements are true?
Question1993: Contracts may be called
Question1994: A common way by which executives provide the project manager with written authority is
through:
Question1995: Which of the following statements are TRUE regarding various activity scheduling tools?
Question1996: You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You have been invited to dinner with the prospective foreign business partners and their spouses upon your arrival. You know that all of the following statements are generally true except for which one?
Question1997: These diagrams rank-order factors for corrective action by frequency of occurrence. They are also a type of histogram.
Question1998: Which of the following concepts refers to a response to a risk event that was not defined in advance and is currently happening?
Question1999: The tools and techniques of the Request Seller Responses process include all of the following except which one?
Question2000: You scheduled a kick-off meeting in order to announce the start of your project, present the plan and develop consensus on it. Another topic will be explanation of each team member's role. In addition, you planned some time for discussions.
You published the agenda of the kick-off meeting some weeks ago to all invited attendees.
Now, short term before the event, you receive various cancellations by team members, who say that they cannot join the meeting. But they will be with you when project work will start.
Question2001: You've been assigned as a project manager on a research and development project for a new dental procedure. You're working in the Scope Planning process. What is the purpose of the project scope management plan?
Question2002: Planning activities such that predetermined resource availability pools are not exceeded is called:
Question2003: The __________ is a document which describes how the project management team will implement the performing organization's quality policy.
Question2004: You receive 25 new computers from the seller, but were expecting only 20. In looking at the contract, you see that it says "seller to provide twenty (25) computers." What should you do FIRST?
Question2005: Management reserve is generally intended to be used to:
Question2006: Which of the following is least likely to be used in explaining to a team member why you consider his/her performance substandard?
Question2007: Performance reports are an input to overall change control. Which of the following statements is not necessarily true about performance reports?
Question2008: Which conflict resolution technique is most effective?
Question2009: Your company manufactures memory chips for workstation computers. Your current project involves manufacturing a very high capacity memory chip (128GB). You worked on the same project three years ago to manufacture a lower capacity memory chip (2GB). You've received a project charter from your supervisor. Which of the following statements are FALSE?
Question2010: Scope Management:
Question2011: Creation of project objectives:
Question2012: Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components?
Question2013: You are the project manager for the Heart of Texas casual clothing company. It's introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. Your legal department has recommended you use a contract that reimburses the seller's allowable costs and builds in a bonus based on performance criteria they've outlined in their memo. Which of the following contract types will you use?
Question2014: Which of the following processes is involved with identifying which quality standards are relevant to the project and devising a plan on how to meet / satisfy these standards?
Question2015: You are responsible for ensuring that your seller's performance meets contractual requirements. For effective contract administration, you should-
Question2016: Which of the following is TRUE about IRR?
Question2017: A work authorization system can be used to:
Question2018: In a matrix organization, the team members are responsible to both the functional manager and project manager. Effective management of this dual relationship is a challenge and should be the responsibility of the:
Question2019: You are in the process of identifying and documenting project risks. Which of the following is the LEAST helpful tool/ technique?
Question2020: You are in the implementation phase of a project. At this point, which of the following is the lowest source of conflict for you?
Question2021: You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in process of developing the project schedule. In order to manage the uncertainty associated with the project schedule, you intend to do the following: (a) use average task duration estimates; (b) schedule backwards from the date a project is needed (to ensure work that needs to be done is done, and it is done only when it is needed; (c) place aggregate buffers in the project plan to protect the entire project and the key tasks; and (d) use buffer management to control the plan.
Which of the following BEST describes the technique you are using?
Question2022: Using Force field analysis to monitor and control how attributes of a project manager and the team influence a project, which should not be found among the strongest driving forces for personal drive, leadership and motivation?
Question2023: For a project to be successful, what is the primary requirement?
Question2024: Amit is the manager of a software project. His client has agreed on a Project Scope
Statement at the beginning of the project, but whenever the client verifies deliverables, he comes up with features that he would like to add into the product. Amit is working with the client to find what requirements were missed in the planning stages of the project and how to plan better in the future. What is the BEST description of his project's current situation?
Question2025: You are the project manager within a large multi-national company. Your current project involves a large software development project that involves coordination of resources across four different reengineering teams across three different countries. Specifically your UI team is based in India, your database team and middleware team is in
Question2026: One of your friends is a manager at telecommunications company. She is currently managing a project developing a VoIP (Voice over IP) gateway that addresses the challenges facing service providers deploying packer-based voice networks. The gateway offers a comprehensive approach to implementing high-density carrier-class voice over packet gateway applications. The project is going well, except for the large number of changes being made for the project requirements. The project is fairly complex, requiring coordination across several different functional departments, including marketing, manufacturing, engineering, and finance. To help manage the project, twenty project management processes, were selected for use during this project. In addition, the project manager is also a technical expert regarding VoIP applications and is adept at managing people and communications. Which of the following is the MOST likely reason why the project is expecting problems?
Question2027: You are managing a project to develop nutritional soda for the "under 20" market. You have recently heard that the client calls your progress reports the "Code of Crap" because they seem to be written in a foreign language and incomprehensible. This situation could have been avoided by-
Question2028: Parametric estimates are based on variables such as:
Question2029: Dummy relationships or dummy activities can be used in which Sequence Activities techniques?
Question2030: An organization chart which shows the organizational units responsible for specific work packages is also called:
Question2031: Which of the following objectives is LEAST likely accomplish by implementing a project-wide application of the configuration management system?
Question2032: Which is not correct about initial phase of a project?
Question2033: The scope baseline once established and approved, is used:
Question2034: Which of the following best determines the amount of authority a project manager will have during a project?
Question2035: Amount at Stake is the _____ .
Question2036: Which of the following statement are FALSE regarding the probability impact matrix technique?
Question2037: Which of the following is not a tool or technique used during the Risk Quantification Process?
Question2038: Which type of bilateral contract is used for high dollar, standard items?
Question2039: Which of the following terms best describe the approach used by organizations to treat aspects of ongoing operations as project in order to apply project management technique to them?
Question2040: Which of the following statements BEST describes a work authorization system?
Question2041: The project charter:
Question2042: A comparison of completion status to baseline is referred to as _____.
Question2043: All of the following are inputs to the quality process EXCEPT:
Question2044: In project communications, the sender is responsible for:
Question2045: Your project is nearing completion when a previously undocumented risk is identified. The risk could negatively affect the outcome of the project. Which of the following is the BEST action to perform next?
Question2046: Which of the following statements are false regarding project time management?
Question2047: You are managing a construction project to install wiring in an office building. You discover that one of your team members has taken a box of cable from the job site so he can wire his attic. What is the BEST way to respond?
Question2048: Which of the following can be used to display the assigned roles and responsibilities of project team members?
Question2049: If you are calculating one early start and early finish for each task, you are using: (choose best answer)
Question2050: If a project is being performed under contract, the product description is provided by which of the following?
Question2051: The project life-cycle can be described as:
Question2052: Which of the following statements are false regarding RACI charts?
Question2053: You are managing a project with an EV of $15,000, PV of $12,000 and AC of $11,000. How would you BEST describe this project?
Question2054: Project files, project software, and shared folders are examples of:
Question2055: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. To keep up with the demands you have been assigned with the responsibility of upgrading company's network and computing infrastructure. You have given the project charter progressively elaborated the requirements, and have just completed the Scope Definition and Create WBS processes. However while you are in the activity duration process you realized that certain deliverables are missing from the scope definition and create WBS processes. What is your next plan of action?
Question2056: You are the project manager at Happy Coffee Cafe, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion, including France, Germany, and England. You intend to use NPV (net present value) analysis to evaluate which area provides the best opportunity for expansion. Which of the following statements are true regarding NPV calculations?
Question2057: You are a project manager of ABC company. You are currently finalizing requirements with two stakeholders BUT both stakeholder has different view on requirements for the same project. How can you resolve the issue?
Question2058: Project managers spend what percentage of their time communicating?
Question2059: Implemented change request, implemented corrective actions and implemented preventive actions are inputs to which process?
Question2060: In project communications, the sender is responsible for:
Question2061: Which of the following risks are generally considered unpredictable:
Question2062: The following diagram depicts a cumulative likelihood distribution for the duration of a project:
Exhibit:
What is the diagram telling you?
Question2063: Which of the following best describes the expectancy theory of motivation?
Question2064: A difference between a Statement of work and a Scope statement is:
Question2065: Your management has decided that all orders will be treated as "projects" and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from US $100 to US $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation?
Question2066: You have been recently assigned to provide an accurate project schedule for constructing a new 50-story casino in Las Vegas, Nevada. You are evaluating the network diagram for the construction project, and are in the process of identifying the critical path of the project. Based on the following diagram, which path is the critical path?
Exhibit:
Question2067: Building a virtual team for a project will limit the usability of which of the following tools and techniques for Team Development:
Question2068: Project trade-offs vary between
Question2069: Which influence reflects an informal organization?
Question2070: Historical records from previous project are generally used for all of the following EXCEPT:
Question2071: In which of the following cost estimating techniques are statistics models used:
Question2072: The Delphi Method is _____ .
Question2073: You are in the process project a project schedule for repainted your house, you first need to scrap off the existing paint, and then add a layer of primer. The primer provides the paint a better bonding surface so it sticks to the base material much better. Without priming, drywall surfaces will soak up more finish paint in some areas than in others, producing a splotchy effect.
You decided to speed up the process by starting priming before all the scraping is finished. To correctly sequence these activities, which of the following should you do?
Question2074: You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in the process of developing the project schedule and would like to access the feasibility of your project schedule under various different conditions. Which of the following scheduling techniques is the LEAST appropriate?
Question2075: Which of the following statements are true regarding quality planning and perform quality assurance?
Question2076: Management decision-making includes:
Question2077: You are in process of monitoring the various project processes and their performance.
Which of the following is the LEAST appropriate tool/ technique to use in this process?
Question2078: You've constructed the WBS for your recent project. You've requested that the subproject managers report to you in three weeks with each of their individual WBSs constructed. Which statement is not true regarding the subproject managers' WBS?
Question2079: Which of the following statements are FALSE regarding expected monetary value analysis (EMV)?
Question2080: Which of the following represents the base point of Maslow's hierarchy of needs?
Question2081: You are involved in monitoring specific project results to determine whether they comply with relevant quality standards. You are suing the control chart to illustrate how the process is behaving over time. You have constructed your control chart and that all data points are within upper and lower control limits of chart. In addition, seven consecutive data points re observed, to be on one side of the mean. Which of the following is your BEST plan of action?
Question2082: Which of the following statements are true regarding the difference between a project expediter and coordinator roles?
Question2083: Risk management allows the project manager and the project team to:
Question2084: You are a project manager at java ice cream factory. You are currently supervising the manufacturing of new flavor ice cream java bean, burgundy crunch. The manufacturing of this flavor was proceeding as planned, until a manufacturing error occurred that requires corrective
action to be taken. Ironically the manufacturing error resulted in a new variant of the flavor.
Product team really thinks that flavor would be a success in a marketplace. They have asked you to cancel the corrective action, and integrate this serendipitous discovery in the manufacturing process. As a project manager you have realized that this has resulted in a change in project scope. Which of the following statement are true?
Question2085: Communication plays a major role in:
Question2086: Selection criteria for project selection include:
Question2087: Which of the following best describes the Achievement Theory of motivation?
Question2088: Which of the following statements are FALSE regarding CPM method?
Question2089: A Work Breakdown Structure:
Question2090: Which of the following are types of status reports?
Question2091: You are the project manger for Xylophone Phonics. It produces children's software programs that teach basic reading and math skills. You are performing the Quality Planning process and are identifying nonproductive activities. Part of this involves capturing information such as process boundaries, process configurations, and process metrics. Which of the following does this describe?
Question2092: It is a generally acceptable practice that if one of your clients makes an informal request of you, then you should respond:
Question2093: The Scope Statement incorporates all of the following except:
Question2094: The outputs from risk identification are usually contained in the document called a risk register. All of the following should be included in the risk register upon completion of the risk identification process EXCEPT:
Question2095: Which of the following statements are not true?
Question2096: You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores as well as on its website. You're developing the project schedule for this under-taking and have determined the critical path. Which of the following statements is true?
Question2097: You are the project manager at Day-Old donuts a rapidly growing franchise selling premium donuts at a discount. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion including France, Germany and England. Your steering committee used a weighted score model and found that in England with a score of 75, provided the best opportunities for expansion. Which of the following statements are true?
Question2098: The project manager that allows and supports group discussions and decision making is called a(n) _____ manager.
Question2099: Which of the following are NOT described in the PMI's Member Standards of Conduct?
Question2100: All of the following should be included in the initial staffing management plan as part of Human Resource planning EXCEPT:
Question2101: You are a project manager for Bluebird Technologies. Bluebird writes custom billing applications for several industries. A schedule change has been requested. You know change is concerned with all of the following except which one?
Question2102: How would you react as the project manager operating in a matrix organization?
Question2103: Project Stakeholder are:
Question2104: The tools and techniques used in the initiation process are:
Question2105: Which of the following are usually illustrated by bar charts?
Question2106: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. To keep up with the demands you have been assigned with the responsibility of upgrading company's network and computing infrastructure. You planned to purchase a new high-end mainframe server. The new server will cost $150,000 and can be used for 10 years. After 2 years the resale value of mainframes will be $100,000. After 5 years the resale value of server will be $75,000. After 7 years the resale value of server will be $30,000. After 10 years, the server will be obsolete.
What is the annual depreciation expense for this server if you use straight-line depreciation?
Question2107: Project termination responsibilities include all of the following except:
Question2108: All the following statements about float are correct except:
Question2109: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. To keep up with the demands you have been assigned with the responsibility of upgrading company's network and computing infrastructure. You have given the project charter progressively elaborated the requirements, and have just completed the Scope Definition and Create WBS processes. However while you are in the activity duration process you realized that certain deliverables are missing from the scope definition and create WBS processes. What is your next plan of action?
Question2110: Your company is constructing a dam and your project (which is being performed under a contract) mandates that you should be paying compensation to any person displaced because of the project. What kind of constraint is this?
Question2111: Which of the following are not common Barriers to project team building?
Question2112: Control chart theory is based on the differentiation of the causes of variations in quality. Variations may be produced by assignable causes. All of the following are examples of assignable causes except:
Question2113: Which of the following formulas is used to calculate the CPI (cost performance index)?
Question2114: You have been recently assigned to provide an accurate project schedule for a large construction company. You are evaluating the network diagrams for the construction project, and are using backward pass calculations to construct the schedule. You are trying to calculate the latest start time for laying the foundation of building. The expected duration for this task is 120 days. The task must be completed within 300 days, while the expected completion is between 220 days. The latest finish date is 290 days. Based on this information, what is the latest start time of this task?
Question2115: The engineering department has raised a question about the expensive molybdenum bearing you plan to use in your warp drive project. They believe they can find an acceptable but cheaper substitute and submit a change request to do the necessary research. Their request is the result of:
Question2116: All of the following statements are true EXCEPT:
Question2117: You are a project manager for a software project. As you are defining the scope of the work you need to do, you sit down with all of the project's stakeholders and record all of the requirements you can get from them. Which of the following is NOT a valid requirement from stakeholder analysis?
Question2118: Life-Cycle Costing is:
Question2119: Which is not a type of project review meeting?
Question2120: Your project team has completed the project work. All of the following must be done before the project can be closed EXCEPT:
Question2121: Assumptions analysis, checklist analysis, and risk diagramming techniques are tools/ techniques of which of the following processes?
Question2122: Activity Resource Requirements is an input to ____________:
Question2123: Which organization is same as Functional organization?
Question2124: The Cost Performance Index (CPI) measures:
Question2125: During execution of your project you observed that a team member is being isolated by other team members. Which is a wrong approach to such a situation?
Question2126: Risk management is defined as the art and science of _____ risk factors throughout the life cycle of a project.
Question2127: You in the project executing process group, and would like to confirm the implementation of approved change request, corrective actions, and defect repairs. Which of the following tool/technique can you leverage?
Question2128: In which of the following types of organizational structures are the MOST anxiety experienced at project close-out?
Question2129: Your project is progressing as planned. The project team has come up with a demo that the sales team will use when making presentations to prospective clients. You will do which of the following at your next stakeholder project status meeting?
Question2130: The cost of corrective action taken by the purchaser and chargeable to the supplier under the terms of the contract is:
Question2131: You are using three point estimating technique to estimate the estimate of a scheduled activity. Which of the following statement are true given the following data:
[Pessimistic=100 days] [Optimistic=40 days] [Most likely=65 days]Assuming a beta distribution you calculate that the duration average=66.6 days and duration variance=100.Assuming a triangular distribution you calculate that the duration average=68.33 days, and duration variance=151.38
Question2132: You are the project manager. Which of the following would be required to ascertain what impact a change would have on the project in a situation where a customer requests a scope change in the project? Note: you already have the work breakdown structure, change request and scope management plan.
Question2133: Upon completion of 75% of the project, the original schedules and cost estimates that were submitted at the inception of the project are referred to as the:
Question2134: You are in the process of controlling changes to the project cost baseline. Which of the following is the LEAST helpful tool / technique?
Question2135: Which of the following statements are true regarding the SPI (schedule performance index) measurement?
Question2136: In communications management, to assimilate through the mind or senses (as in new ideas) is the process of
Question2137: A budget estimate should give the manager cost data accurate to within:
Question2138: All of the following statements about control charts are true except:
Question2139: You are a project manager for Laredo Pioneer's Traveling Rodeo Show. You're heading up a project to promote a new line of souvenirs to be sold at the shows. You are getting ready to write the project management plan and know that all the following are true regarding the PMIS, except for one. Which of the following is true?
Question2140: The ability of a product to be used for different purposes at different capacities and under different conditions determines its:
Question2141: A WBS provides a framework from which all of the following can be done except:
Question2142: Which of the following should be archived upon completion of a project that involved significant procurement?
Question2143: What is one of the most important skills a project manager can have?
Question2144: All of the statements regarding decision tree analysis is true EXCEPT:
Question2145: Risk mitigation includes all but which of the following:
Question2146: You are a project manager at java ice cream factory. You are currently supervising the manufacturing of new flavor ice cream java bean, burgundy crunch. The manufacturing of this flavor was proceeding as planned, until a manufacturing error occurred that requires corrective
action to be taken. Ironically the manufacturing error resulted in a new variant of the flavor.
Product team really thinks that flavor would be a success in a marketplace. They have asked you to cancel the corrective action, and integrate this serendipitous discovery in the manufacturing process. As a project manager you have realized that this has resulted in a change in project scope. Which of the following statement are FALSE?
Question2147: Your project has a virtual team. Half of your team members are located in another country, where they are working for a subcontractor. The subcontractor's team members speak a different dialect of English than your team does. After a conference call, two of your team members make jokes about the way your subcontractor's team members speak. What is the BEST way to handle this situation?
Question2148: In your project, a team member suggested the addition of a functionality to improve customer satisfaction. Your approach would be to:
Question2149: Which of the following statements are true regarding the critical path of a project schedule?
Question2150: Ishikawa diagrams are used in which of the following processes?
Question2151: Unplanned responses to emerging risks that were earlier accepted is also called a(an)
Question2152: A communicator can present information using the following media except:
Question2153: Please select the correct order for the five project management process groups?
Question2154: Which of the following are NOT tools/ techniques of the Activity Definition Process?
Question2155: You are a project manager for a growing dairy farm. It offers its organic dairy products regionally and is expanding its operations to the West Coast. It's in the process of purchasing and leasing dairy farms to get operations underway. The subproject manager in charge of network operations has reported some hardware problems to you. You're also having some other problems coordinating and integrating other elements of the project. Which of the following statements is true?
Question2156: Your company has an agreement with the labor union that states that workers will not be asked to work more than 45 hours every week. For your project, this becomes a:
Question2157: The information-gathering techniques used in the Risk Identification process include all of the following except ___________________.
Question2158: Formal authority is often referred to as legitimate power. Which two other forms of power are also considered to be legitimate power?
Question2159: Which is not an element of procurement management?
Question2160: Which of the following utility functions reflects risk-aversion:
Question2161: With respect to value analysis which of the following is the portion of the approved cost estimate that has been budgeted for an activity during a certain time period?
Question2162: Scheduling is the process by which decisions are made concerning:
Question2163: After a status meeting, one of your team members, John, pulls you aside and tells you that he was insulted by a comment from another team member. He felt that the comment was racist. You meet with the team member who made the comment, Suzanne, but she says that the other team member's performance has been very poor. She has never made a comment like this before at the company. You review the records, and see that she is correct - he has consistently delivered lower quality work than any other team member.
What is the BEST way to handle this situation?
Question2164: Risk management requires an understanding that _____ .
Question2165: Achieving effective upward communications in an organization requires that the sender consider which of the following:
Question2166: Which of the following is or are a part of Solicitation process
Question2167: The cost of a quality program should be budgeted at _____ of the total project.
Question2168: The work breakdown structure (WBS) is an excellent tool for objective control and evaluation. Which of the following is generally NOT validated through the WBS?
Question2169: This process applies evaluation criteria to the bids and proposals received from potential vendors.
Question2170: Which of the following are not inputs to the develop preliminary project scope statement?
Question2171: An input to the scope change control process is:
Question2172: During execution of your project plan, you discover that a task team is unaware that deliverables from another task will be late, holding up their own progress. As a result you should:
Question2173: Which type of contract requires that the buyer keep the tightest labor/material cost control?
Question2174: A summary WBS is usually developed in the
Question2175: The major process groups of project management are:
Question2176: During project execution, the customer authorizes and funds a scope change which requires a major change in the schedule. The baseline schedule:
Question2177: Two sources of variation in the length of hex bolts exist. Production variation and measurement error. The QC manager knows that the standard deviation from these sources is 0.24" and 0.43" , respectively. What is the total standard deviation.
Question2178: Product verification is usually performed in the closing process. Which of the following statements are true?
Question2179: Which is not a goal in both Project management and Quality management?
Question2180: What is the purpose of a Preliminary scope statement?
Question2181: You are in process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:
Question2182: Four people are responsible for establishing cost of quality theories. Crosby and Juran are two them, and their theories respectively are
Question2183: All the following are examples of product documentation except:
Question2184: Outputs from response development could include all except?
Question2185: You are the project manager of a company that is building ATM software for a large bank and financial institutions. You have been told that the ATM software must meet very stringent quality standards. Including rigorous auditing of all transactions, ability to recover in case of software/ hardware errors, and fraud detection/analysis and robust two-factor authentication.
The ATM system is currently in production, when a quality problem is identified with a PIN card reader. This problem will require with a downtime of the manufacturing process while networks of the unit are performed. Fortunately, the units have not been shipped, to customers yet. Which of the following best describes the cost of quality associated with this problem?
Question2186: Resource leveling allocates scarce resources to critical path activities first.
Question2187: You are in the process of establishing a total cost baseline for measuring project performance. All of the following are outputs of this process EXCEPT:
Question2188: You are a project manager of ABC organization. You have been just assigned to new project and given project charter, preliminary scope statement.
What is the first thing you have to do?
Question2189: The basic terminology for networks includes:
Question2190: In performing an impact analysis, the most effective tool to ensure all risks are identified on large projects is the:
Question2191: Cost management includes processes that are required to maintain financial control of projects. These processes may include:
Question2192: You are involved in monitoring specific project results to determine whether they comply with relevant quality standards. You are suing the control chart to illustrate how the process is behaving over time. You have constructed your control chart and that all data points are within upper and lower control limits of chart. In addition, seven consecutive data points re observed, to be on one side of the mean. Which of the following is your BEST plan of action?
Question2193: Failure costs are also known as which of the following?
Question2194: The project team form of organization confers both advantages and disadvantages. Disadvantages of the project form include:
Question2195: You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
The project timeline is very aggressive and a lot is at stake with this project. Hence every week you report on the progress and status of the project to all the stakeholders and project sponsors. Your project team has already completed the project initials and project planning activities and received sign off and approval on the project charter, project scope and detailed work packages. Your project team is in the process of completing all the work packages. The project time line is
very aggressive and your project has a SPI of 1.2 and CPI of1.3. Final review of the project deliverables have been scheduled for the end of the months. Unfortunately as your project near completion you are informed that your project is being cancelled since the resulting product is
unacceptable and does not meet the business needs of the organization. Which of the following is most likely cause of this scenario?
Question2196: Which of the following statements are FALSE regarding configuration management?
Question2197: Monte Carlo analysis can help predict the impact of risks on project deliverables. This is an element of one of the tools and techniques of which of the following processes?
Question2198: Product verification is usually performed in closing process. Which of the following statement are true?
Question2199: You are the project manager for a top-secret software project for an agency of the United States government. Your mission-should you choose to accept it-is to complete the project using internal resources. The reason is that finding contractors with top-secret clearances takes quite a bit of time, and waiting for clearances would jeopardize the implementation date. Your programmers are 80 percent of the way through the programming and testing work when your agency appoints a new executive director. Slowly but surely your programmers are taken off this project and reassigned to the executive director's hot new project. Which of the following type of project ending is this?
Question2200: Reserve analysis is a tool/ technique in all of the following processes EXCEPT:
Question2201: Which is a technique often used for Quality assurance?
Question2202: The project team has added some additional functionality which was not required as part of the project. However the customer is satisfied with the project. From a quality perspective,
Question2203: Which is a technique for Define Activities?
Question2204: The most common method for pricing out non-burdened labor hours for a three year project would be to:
Question2205: Which of the following statement are false regarding Delphi's technique:
Question2206: Which of the following is not true about Project Plan Development?
Question2207: All the following are tools and techniques for organization planning except:
Question2208: Consider the Project Integration Management knowledge area. Which
of the following process are NOT included?
Question2209: One of the most common pitfalls in effective communication is:
Question2210: You are the project manager for a software company that develops stock analysis software. You have been assigned to assigned to develop a new technical analysis tool to forecast to price of a stock given this historical volatility based on Elliot Wave technique. You need to gather the necessary information to write the project scope management plan. Which of the following information do you NOT need as inputs to your current process?
Question2211: The risk register describes all identified risks. Which of the following is not including as a part of risk register?
Question2212: If two events cannot both occur in a single trial, they are:
Question2213: You are in the process of reviewing offers and choosing among potential sellers. All the following are the outputs of process except:
Question2214: The duration of most activities will be significantly influenced by the resources assigned to them.
Question2215: A project has experienced significant delays due to equipment problems, staff attrition, and slow client reviews. The project is 40 percent complete and has used 60 percent of the available calendar time. What is the FIRST thing you should do?
Question2216: Which of the following project quality management process is within the executing process group?
Question2217: Which of the following are not the direct result of managing the team?
Question2218: What is the difference between scope verification and quality control?
Question2219: Which of the following is an output of Direct and Manage Project Execution?
Question2220: Cost Reimbursable contracts are equivalent to:
Question2221: Which of the following best describes fast-tracking?
Question2222: 40. During which process is the Cost baseline developed?
Question2223: Which of the following is an input to Cost Estimating?
Question2224: Which of the following statements are FALSE regarding the critical chain method?
Question2225: Which is another term for top down estimating.
Question2226: Contract documentation is an input to both the Close Project and Contract Closure processes. Contract documentation might include all of the following except for which one?
Question2227: Scope planning is:
Question2228: You are ready to enter a negotiating session with a group that is from Russi
Question2229: For the following group of numbers, 80, 10, 10, 50, 70, and 90; what is the mode?
Question2230: Where does comparing actual to baseline schedules, examining the statement of work, understanding cost overruns, and assessing risk all occur?
Question2231: Ensuring that all work is both authorized and funded by contractual documentation is the responsibility of:
Question2232: Michael works as a project manager at the construction company development a suspension bridge for the city of Chicago . He has asked the couple of his team-mates to return to the warehouse to pick up additional supplies. The ware is close to where Michael lives, so he has asked his team-mates to also stop by his home to help clean the debris from his driveway. Is Michael's behavior the PMI code of ethics?
Question2233: The Risk of NOT meeting project quality objectives:
Question2234: You are the project manger at a software company developing the next-gen web application server. As software development can be very chaotic, your company has elected to follow the more rigorous approach to software development. Specifically, your company has chosen to adopt the Rational Unified Process (RUP) for your current software project.
The RUP methodology is highly iterative and produces numerous deliverables include UML diagrams, architecture diagrams, prototypes, and test-cases. You have just produced your activity duration estimates and updated your activity attributes. Which process have you just finished?
Question2235: What documents the characteristics of the product or service that the project was undertaken to build.
Question2236: Respect is...
Question2237: Assuming a PERT weighted average computation, what is the probability of completing the project within plus-or-minus 3 standard deviations of the mean?
Question2238: The marketing department has just discovered that most buyers are not willing to pay the extra cost of one of the features planned in your current project. They submit a change request that is a result of:
Question2239: Which of the following statements is false?
Question2240: Budgetary estimates are the output of the _____ phase(s) of the project.
Question2241: Risk mitigation is the process of _____ .
Question2242: Which of the following is the amount of time that a scheduled activity may be delayed without delaying the early start of any immediately following schedule activities?
Question2243: At what stage of a project does the development of a cohesive project team occur?
Question2244: Which of the following statements describes quality control?
Question2245: Which of the following fall(s) under the responsibilities of a project manager?
Question2246: The receiver filters messages based on all but the following:
Question2247: The concept of making a giant leap forward followed by a period of maturity is:
Question2248: A key to successful Management by Objectives (MBO) is
Question2249: All the following statements are true regarding communication management plan except:
Question2250: During project execution, a line manager informs you that he will not have sufficient resources available next month to support your and two other projects. The best way to handle this problem would be to:
Question2251: Which of the following establishes the procedure to perform product verification, update contract records to reflect final results and archive information for future use?
Question2252: Which of the following project selection methods is NOT a comparative approach (or benefit measurement model)?
Question2253: A mandatory prerequisite for team building is:
Question2254: Your project schedule has slipped by 2 weeks, and you have to take corrective action to bring the expected future schedule performance in line with the project plan. To identify the cause of the variation, corrective action will require:
Question2255: You are a project manager on a construction project. You have just prepared an RFP to send around to electrical contractors. You get a call from your uncle who owns an electrical contracting company. He wants to bid on your project. You know he's done good work before, and it may be a good fit for your company. How do you proceed?
Question2256: Which of the following process is involved in making needed information available to project stakeholders in a timely manner?
Question2257: Inputs to cost estimating include the following
Question2258: In reviewing your earned value reports you notice that your application integration testing is moving along 20% ahead of schedule. You realize that you can have them test some of the enhancements, thereby improving the quality of the product, while staying on schedule and within budget. This is an example of:
Question2259: If a project manager communicates a verbal message to a subordinate, and the subordinate leaves without saying a word, the project manager should assume:
Question2260: You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. As project manager, you have taken all the appropriate actions regarding confidentiality of data. One of the key stakeholders is a huge movie buff, and she has the power to promote you into a better position at the conclusion of this project. She's reviewing some report data that just happens to include confidential information regarding one of her favorite movie superstars. What is the most appropriate response?
Question2261: Which of the following statements are true regarding proposals EXCEPT:
Question2262: One of your friends is a manager at telecommunications company. She is currently managing a project developing a VoIP (Voice over IP) gateway that addresses the challenges facing service providers deploying packer-based voice networks. The gateway offers a comprehensive approach to implementing high-density carrier-class voice over packet gateway applications. She is in the process of developing the project schedule, and has determined that the project has 4 critical paths. Which of the following BEST describes how the project will be impacted?
Question2263: A tool which links the project roles and responsibilities to the project scope definition is called:
Question2264: Which of the following does not form part of Project Procurement Management?
Question2265: Which of the following are not inputs to the develop preliminary project scope statement?
Question2266: You are in the process of directing the performance of the planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following are outputs of this process EXCEPT:
Question2267: You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are absolutely crazy about its potential. The corrective action is canceled, and you continue to produce the product with the newly discovered enhancement. As the project manager, you know that a change has occurred to the project scope. Which of the following statements is true?
Question2268: Project Cost Management Plan is created as a part of:
Question2269: Which of the following represents the reason why post-contract evaluations are important?
Question2270: There are four methods of government procurement. Which is not one of these methods?
Question2271: You are a project manager at day-old donuts, a rapidly growing franchise selling premium donuts at a discount. Currently your company is planning for opening new stores throughout the United States. You have been asked to open a store in Manhattan, New York. Construction on new store is about to begin. This corporate head quarter wants to be informed when construction is nearly complete, so they can produce all the supplies and inventories just in time. You have been given a project charter, progressively elaborate the requirements, and have just completed the scope definition/create WBS processes. However while you are in activity definition process, you realize that certain deliverables are missing from create WBS process. What is your next plan of action?
Question2272: Control Costs is concerned with:
Question2273: Which of the following is formalized document that authorizes the project and should be prepared by someone who is external to project, and should not be directly prepared by the project manager?
Question2274: Which of the following tools and techniques are commonly used in the Scope Definition Process?
Question2275: An output of the scope change control process is:
Question2276: You are a project manager for Laurel's Theater Productions. Your new project is coming in over budget and requires a cost change through the cost change control system. You know all of the following statements are true regarding Cost Control except for which one?
Question2277: What is the main output of the Scope Definition process?
Question2278: Three-point estimates are based on determining three types of estimates. Which of the following is NOT one of these estimates?
Question2279: A program is:
Question2280: In taking over a failing project you hold a status meeting where the marketing person and the finance person get into a heated discussion, each trying to push their viewpoint on the other without listening. You realize that before moving on you need to do some conflict resolution. The type of behavior that the marketing and finance people are demonstrating is:
Question2281: You have just awarded a contract to a outside vendor and developed the corresponding contract management plan. Which process did you just complete?
Question2282: You have been assigned to a project in which the objectives are to expand three miles of the north-to-south highway through your city by two lanes in each direction. You are in charge of the demolition phase of this project, and you report to the project manager in charge of this project. You have been hired on contract and will be released at the completion of the demolition phase. What type of organizational structure does this represent?
Question2283: The inputs of the Performance Reporting process include all of the following except for which one?
Question2284: A project manager believes that the best way to manage is to form a good, harmonious working relationship with the team, and high performance will follow. The project manager could be defined as a _____ manager.
Question2285: You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D department has agreed to release two resources to work on your project in order to meet the federal grant application date. This is an example of ___________________.
Question2286: Which of the following are NOT considered formal types of project ending?
Question2287: The Utility Theory _____ .
Question2288: You are the Project Manager for a construction project. Your job requires that you sanction work to others and ensure that the work is done at the right time. The tool you use is:
Question2289: Processes of Configuration management do in general not include...
Question2290: The term Baseline is used in both disciplines Project management and Configuration management. Which statement is not true?
Question2291: What two main knowledge areas are not listed in the execution process of the project, but rather a part of the controlling process?
Question2292: All of the following are FALSE regarding bar charts EXCEPT:
Question2293: There have been too many disagreements within two team-members in your project regarding the design of a particular product. You would like to incorporate the best features of the two designs - and want to create an environment that avoids conflicts and emphasis similarities. The conflict-handling mode you would like to emphasize is:
Question2294: Which of the following statements are FALSE regarding analogous estimating techniques?
Question2295: Your project team consists of 12 people in the same building you're located in, 4 people from the West Coast office, 2 people from the Kansas City office, and 6 people from the London office. Your office works different hours than all the other offices. Additionally, not all of the resources in your building are available at the same times during the day. Three of the 12 team members work swing shift hours. You use tools like web conferencing and email to distribute information to the team. Which of the following is true?
Question2296: Which of the following are NOT benefits of meeting quality requirements?
Question2297: Reserve Analysis a technique not used in:
Question2298: All of the following statements regarding management reserves are true EXCEPT:
Question2299: You are the project manger at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternatives forms of energy. You are in the process of developing the project charter. All of the following are tools/ techniques that you can use to develop the project charter EXCEPT:
Question2300: Which of the following statements are FALSE regarding quality audits?
Question2301: Your organization shifting from weak matrix organization to strong matrix organization. Which of the below statement is TRUE?
Question2302: You are managing a project to build a new wing onto a local school building over a summer break. One night, the school and your construction site are destroyed by a tornado. Your client demands that you continue work despite the disaster, but you consult the contract, and find a clause that states that you are not responsible for any more work. This is referred to as:
Question2303: A cost-plus-percentage-cost (CPPC) contract has an estimated cost of $120,000 with an agreed profit of 10% of the costs. The actual cost of the project is $130,000. What is the total reimbursement to the seller?
Question2304: The project charter either directly or by reference to other documents, should address all of the following EXCEPT:
Question2305: A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000.The first project is a process optimization, which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project. The second project would be the development of a new product, which could produce the following net profits after the end of the project:
1st year: $ 15,000
2nd year: $ 125,000
3rd year: $ 220,000
Assumed is a discount rate of 5 % per year. Looking at the net present values of these projects' revenues in the first 3 years, what is true?
Question2306: Project team building is most difficult in which type of environment?
Question2307: Which is not a characterizing content of a document referred to as Activity attributes?
Question2308: The most precise or accurate estimate for determining project costs is the _____ estimate.
Question2309: Which of the following is NOT a characteristic of the Project Management Plan?
Question2310: Which of the following statements concerning acceptance sampling is false?
Question2311: When your objective is to get a lasting win-win solution to a problem, which conflict resolution technique should you use?
Question2312: You are the project manager for a custom home-building construction company. You are working on the model home project for the upcoming Show Homes Tour. The model home includes Internet connections in every room and talking appliances. You are working on the cost budget for this project. All of the following statements are true except which one?
Question2313: Which of the following is NOT a part of the preliminary scope statement?
Question2314: A project manager has made a change to the project. What should she do NEXT?
Question2315: Your project sponsor has requested a cost estimate for the project on which you're working. This project is similar in scope to a project you worked on last year. She would like to get the cost estimates as soon as possible. Accuracy is not her primary concern right now. She needs a ballpark figure by tomorrow. You decide to use ___________________.
Question2316: One of your friend is a project manager at a natural gas energy company. He is managing a project for the construction and operation of pipeline facilities at
Question2317: In Project Risk Management, Risk Response may include actions to:
Question2318: Which is the best thing to do during the Source Selection process?
Question2319: Which quality management tool would be used to determine potential causes of a production problem?
Question2320: Which of the following statements are FALSE regarding recognition and rewards?
Question2321: Electronic Company has a reliability of 0.90. 2 of these components arranged in series in a sub-assembly. The reliability for the sub-assembly is:
Question2322: Legitimate power is:
Question2323: Which of the following are tools and techniques of the Preliminary Scope Statement process?
Question2324: In an activity-on-node diagram, the nodes represent:
Question2325: Project staff assignments are an output of which process?
Question2326: Paul is a project manager for an industrial design project. The project has a 60% chance of making the company $230,000 over the next year. It has a 40% chance of costing the company $150,000. What's the project's EMV?
Question2327: Project life cycles are very useful for _____ and _____ .
Question2328: A WBS should be developed to cover
Question2329: What is the job title of the person who is primarily responsible for the quality of deliverables?
Question2330: Product analysis uses which of the following techniques EXCEPT:
Question2331: There have been several rounds of layoffs at your company. Now your project team is worried about their job security, and you've noticed that their performance has decreased significantly because of it. This is predicted by which motivational theory?
Question2332: You are in process of defining how to plan and execute the risk management activities for your project. Which of the following statements are false?
Question2333: Communication is the PRIME responsibility of a Project:
Question2334: Where would you document a change that was approved when the change that
involves the upgrade of certain material, is proposed halfway during the implementation of the project and will not result in a change in the cost or schedule?
Question2335: Who has more control in a strong matrix organization?
Question2336: In project management, Work authorization is normally not...
Question2337: Fast-tracked projects awarded and begun before all planning and risk assessment information is complete and available may _____ .
Question2338: The Communications management plan is a document, which includes descriptions of6
Question2339: ___________ must be measured regularly to identify variance from the plan.
Question2340: Which of the following is NOT included in a schedule change control system?
Question2341: A product life cycle is a series of phases whose name and number is determined by the organization's needs regarding control of the project.
Question2342: Which of the following s most likely to require a rebaselining in order to provide a realistic measure of performance?
Question2343: Cost estimating includes all of the following except:
Question2344: Which of the following makes up the project scope baseline?
Question2345: The administrative closure procedure that is an output of the close project process includes all of the following EXCEPT:
Question2346: The detailed project scope statement includes all of the following EXCPET:
Question2347: Brandi is a project manager on a software project. About halfway through development, her team found that they had not estimated enough time for some of the technical work they needed to do. She requested that the new work be added to the scope statement and that the time to do the work be added to the schedule. The change control board approved her change. What's her next step?
Question2348: According to Bruce Tuckmann, which are the stages of team development?
Question2349: What is the standard deviation for the estimates in the above problem?
Question2350: Which ensures that project objectives are met by monitoring and measuring progress and taking corrective action when necessary.
Question2351: Overlapping activities on a project, such as design and construction, is referred to as:
Question2352: Which of the following types of specifications gives measurable capabilities of the product:
Question2353: A comprehensive definition of scope management would be:
Question2354: You recently took over the assignment for a project. The project charter and a preliminary scope statement have been developed. What is an appropriate next step for you?
Question2355: Historical record from previous project are generally used for all of the following EXCEPT:
Question2356: What impact does a matrix organization have on project team development?
Question2357: Your project has experienced some changes to the agreed-upon WBS elements. The changes were approved through the proper change control process. The WBS changes might in turn require which of the following?
Question2358: Which of the following statements are true regarding proposals EXCEPT:
Question2359: Which of the following is not a type of performance reporting:
Question2360: The marketing department has just discovered that a competitor is offering a new feature, using a new technology, on a product similar to the one being created by your project. They submit a change request that is the result of:
Question2361: Historical records during close-out are useful to _____ and _____ for future projects.
Question2362: You are in the process of estimating the type and quality of resources needed to complete individual schedule activities. All of the following are outputs of this process EXCEPT:
Question2363: You are working on a project and discover that one of the business users responsible for testing the product never completed this activity. She has written an email requesting that one of your team members drop everything to assist her with a problem that could have been avoided if she would have performed the test. This employee reports to a stakeholder, not to the project team. You estimate that the project might not be completed on time as a result of this missed activity. All of the following are true except for which one?
Question2364: You are a project manager for an agricultural supply company. You have just completed and obtained sign-off on the project scope statement for your new Natural Bug Busters project. A key stakeholder has informed you that a deliverable is missing from the project scope statement. This deliverable is a critical success factor. Which of the following actions should you take?
Question2365: Most project management leadership theories focus on all of the following except:
Question2366: Which of the following is a planning tool describing how the project team will define the project scope, develop the detailed project scope statement define and develop the work break down structure, verify project scope, and control the project scope?
Question2367: The Preliminary Scope Statement which is and output of the Develop Preliminary Project Scope Statement process, is an input to all of the following EXCEPT:
Question2368: Measuring the probability and consequences of risks is part of
Question2369: Business needs and legal requirements are example of:
Question2370: Which of the following contracts has the MOST risk for the seller?
Question2371: You are the project manager for a construction company that is building a new city and county office building in your city. You recently looked over the construction site to determine whether the work to date was conforming to the requirements and quality standards. Which tool and technique of the Perform Quality Control process are you using?
Question2372: You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project Scope Planning process and created the Scope management plan. However, upon review, you have determined that the resulting project scope management plan is ambiguous and poorly written. A poorly written project scope management plan will directly impact all of the following EXCEPT:
Question2373: Which is not included in Performance improvements:
Question2374: All of the following statements about the project charter are correct except:
Question2375: You are a fabulous project manager, and your team thinks highly of you. You are well respected by the stakeholders, management team, and project team. When you make decisions, others follow your lead as a result of which of the following?
Question2376: In attempting to complete the project faster, the project manager looks at the cost associated with crashing each activity. The BEST approach to crashing would also include looking at the:
Question2377: A computer tape which contains historical project information is called ____ tape.
Question2378: In the contract for your project, the time schedules and deliverables in each phase are clearly specified. From a project perspective, this is a(an) :
Question2379: All of the following can be used to reduce the amount of conflict in a project team?
Question2380: You are approached by the company where you have been working for a considerable length of time to manage an existing project. However you are not familiar with the area in which this project is occurring. There is a Project Management Plan in place and the baseline change thresholds have not been exceeded. The current status of the project does not please the customer. What would your first action be?
Question2381: All of the following are constraints that can limit flexibility in human Resource Planning EXCEPT:
Question2382: Which of the following is closest to Juran's definition of Quality:
Question2383: You are the project manager for an international contract manufacturing firm with manufacturing plants and offices in India, China and Thailand. Your company designs and manufactures various consumer electronics, such as flat-screen television, laptops, and monitors etc. Your company is in the process of bidding on a project to manufacture the next generation the 128-bit video game console for X-Cube station. As a potential bidding for this project, you worked on the RFP response and submitting the proposal. The X-Cube Station selection committee received the RFP responses from all the vendors, and applied a weighted system in order to make a selection. Which of the following processes just took place?
Question2384: The most difficult decision for the executive sponsors to make at the end-of-phase review meeting is:
Question2385: Which of the following requires an expenditure of the resources when working within an arrow diagramming method?
Question2386: Project Cost Management Plan is created as a part of:
Question2387: The project schedule is not used to determine
Question2388: Which of the following is NOT a valid reason to authorize a project?
Question2389: A particular process has 2 independent sources of variation. The standard deviation of the 1st source is 3 units & the standard deviation for the 2nd source is 4 units. The standard deviation of the process is:
Question2390: Supporting details for activity cost estimates should include all of the following EXCEPT:
Question2391: Which is true about a work breakdown structure?
Question2392: Which is NOT an input to the Create WBS process?
Question2393: Which of the following statements are FALSE regarding rolling wave planning?
Question2394: One way to shorten your project schedule is to assign three developers to each activity in the project design phase instead of two. Although you are considering this approach, your design phase project team would double in size as a result. This approach tends to
Question2395: The duration of most activities will be significantly influenced by the resources assigned to them.
Question2396: Which of the following is LEAST likely to improve the accuracy of cost estimates produced through parametric cost estimating techniques?
Question2397: Risk exposure refers to _____ .
Question2398: The primary communication skills you will use in working with functional managers will be:
Question2399: Which of the following is the LEAST effective way to influence the factors that create changes to the cost baseline?
Question2400: Product verification is usually performed in the closing process. Which of the following best describes its purpose?
Question2401: A company is considering an investment of $80,000 at the present time. There is a 55% probability that the investment will perform well and a 45% probability that it will perform poorly. If the investment performs well, the payoff will be $200,000 one year from now. If it performs poorly, the project will be retired at no cost one year from now. Assuming a 10% discount rate, should the company make that investment?
Question2402: You are currently the project manager at rapidly growing retailer of high-end electronics equipment. You have been tasked with the project of expanding business. You are currently evaluating opening retail stores in one of three US-based locations: New York, Seattle, San Francisco.
You have been told that the San Francisco market has smaller market potential, but higher probability of success. On the other hand, the New York market has a larger market potential but lower probability of success. And the Seattle market is in between. Your project manager has given you the following forecast. Which of the flowing opportunity is the BEST choice?
Exhibit:
Question2403: All of the following are part of scope baseline EXCEPT:
Question2404: During a project review meeting, you discover that your $250,000 project has a negative schedule variance of $20,000 which equates to 12% of the work scheduled to this point of time. You can therefore conclude that:
Question2405: The positive value of conflict is underestimated. Properly managed, conflict is a valuable tool, particularly when
Question2406: A _____ estimate prepared from layouts, sketches and flowsheets, should be accurate within (-10, +25%).
Question2407: Which of the following is an input of scope change control?
Question2408: Clearly defined group goals are important because they _____.
Question2409: In which of the project processes should one determine whether to obtain products and services from outside the organization?
Question2410: When are the most expensive defects most likely to be introduced into a product?
Question2411: Inputs to quality planning include
Question2412: Contract documentation are an input to the contract closure process. Which of the following are NOT included as part of the contract documentation?
Question2413: You are a project manager of ABC company and you are working for a large project with more than hundreds of stakeholders. Which of the following BEST course of action you are going to take?
Question2414: You are the project manager at a large automaker in Japan. Your project involves designing the next generation 4-wheel drive Sport Utility vehicle for the Asian market. A new fuel efficient engine design is required as part of your project.
Unfortunately, your project team did not have the necessary expertise to design and manufacture a new fuel-efficient engine. Hence, your company plans has decided to subcontract all the engine designs to an outside manufacturer. You are currently in the Contract Administration process. Which of the following statements is true regarding the Contract Administration process?
Question2415: Your team has identified a risk with some of the chemicals you are using on your highway construction project. It is really difficult to mix them just right and, based on past projects, you've figured out that there's a high probability that about 14% of the chemical supply will be lost in mixing problems. You decide to buy an extra 15% of the chemicals up front so that you will be prepared for those losses and your project won't be delayed. Which response strategy are you using?
Question2416: According to the PMI, which of the following best describes the differences between
programs and projects?
Question2417: All the following statements about Cost Baseline are correct EXCEPT:
Question2418: You are a project manager at a biotech company, where you are leading a cross functional team to develop a treatment for diabetes. The organization has a weak matrix structure, where al of your team members report to different functional managers and none of the team member report to you directly. You have just completed the latest round of performance reviews and identified the CPI is 1.15, SPI is1.05, and few minor adjustments are needed. In order to improve the project performance and team motivation you have decided to collaborate them into brand new facility. The facility has the state of art gym and a 24 hour cafeteria. Team is quite excited about the move. Which of the following best describes the actions?
Question2419: Which of the following statements are true regarding the project human resource management processes?
Question2420: Two of your project team members approach you with a conflict that they are having with each other over the technical approach to their work. One of the two people is very aggressive, and tries to get you to make a decision quickly. The other team member is quiet, and seems less willing to talk about the issue. The conflict is starting to cause delays, and you need to reach a decision quickly. You spend the weekend studying conflict resolution techniques, which is an example of:
Question2421: You have been recently hired to be a project manager at a software company to develop the next generation anti-virus software program. The project requires significant coordination across multiple departments, from engineering to QA to manufacturing. You are concerned whether you'll have enough influence and authority to manage the project priorities across these various departments. What should you do in this situation?
Question2422: You have been assigned to a project to construct a 18-hole golf course, featuring 7,500 yard, par-72 course that has a magnificent tropical setting. You've calculated the estimated project completion date. However the estimated completion date is 5 months after the desired completion date. After analyzing the project network diagram, you've determined that many of the activities have discretionary dependencies. To decrease the project duration you've requested
additional resources, but were told that NO additional resources are available for your project. Assuming that the project has low risks, which of the following is the BEST plan of action?
Question2423: Two of your project team members approach you with a conflict that they are having with each other over the technical approach to their work. One of the two people is very aggressive, and tries to get you to make a decision quickly. The other team member is quiet, and seems less willing to talk about the issue. The conflict is starting to cause delays, and you need to reach a decision quickly. What's the BEST approach to solving this conflict?
Question2424: A line manager provides you with three estimates for his activity in your PERT network. His estimates are 2 weeks optimistically, 4 weeks most likely, and 12 weeks pessimistically. The expected time which would appear on the chart would be:
Question2425: The person sending a message is NOT influenced by which of the following
Question2426: Which of the following statements are true regarding Project Scope Management?
Question2427: Power games, withholding information, and hidden agendas are examples of-.
Question2428: Your company develops large commercial and industry real estate. In you current project, you have been asked to manage the construction of a 30-story office building. Which document describes the business needs for this project, identifies key deliverables, and gives you authority to begin the project and start assigning resources?
Question2429: Which of the following BEST describes the main purpose of the project charter?
Question2430: Which of the following best describes the difference between risk audits and risk reviews?
Question2431: Which of the following Cost Management processes are concerned with cost baseline?
Question2432: Team Development is a very critical component of Human Resource Management. All the following are inputs to Team Development except:
Question2433: You are the project manager at a manufacturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years, the Internet has transformed the competitive landscape. As a result company's market share has been eroding. Hence, your current project involves implementing the company's internet strategies to best exploit these altered dynamics and increase the company's market share. Unfortunately, your project is plagued by frequent changes to the project charter. Who should be the primary person responsible for deciding whether the changes to the project charter are necessary?
Question2434: As part of the quality audit, the scope statement is checked against the work results to ensure the conformance to the customer requirements. The results should be documented and used for:
Question2435: The concept of the ______________ states that changes related to one requirement-scope, time or cost-will at least influence one other element.
Question2436: Risk event is the description of what may happen to the _____ of the project.
Question2437: You have been hired as a contract project manager for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. Customers must register before being allowed to order wine over the Internet so that legal age can be established. You know that the module to verify registration must be written and tested using data from Grapevine's existing database. This new module cannot be tested until the data from the existing system is loaded. You are going to hire a vendor to perform the programming and testing tasks for this module to help speed up the project schedule. Since they'll have access to your customer list and potentially other trade secrets, you'll asked them to sign a nondisclosure agreement. This is an example of which of the following?
Question2438: Sound, prudent, but often unsophisticated judgement is called:
Question2439: Financial compensation is the primary motivational tool for which of the following management theories of programs.
Question2440: Which of the following best describes the amount of time one can delay the start of task without delaying the completion of the project?
Question2441: The CPM calculates the earliest start date, earliest finish date, and latest finish date for each activity. Which of the following statements are true regarding the critical path of a project schedule?
Question2442: All of following are types of strategies that one can use to deal with negative risk/threats EXCEPT:
Question2443: You have been recently hired to be a project manager at a bio-tech company to develop anew drug to treat pancreatic cancer. The project requires significant coordination across multiple departments from R&D to manufacturing. You've attempt to gain the cooperation of chief scientist within the R&D. however the Chief scientist is focused on completing her to-today tasks, and you do not have any control over her work assignment. What is the best way to describe her current organizational structure?
Question2444: A tight matrix is:
Question2445: Identification of Mandatory Dependencies is done during which process:
Question2446: During the course of a project you have motivated team members, managed conflict, performed personnel administrative functions and negotiated for more resources. These are examples of:
Question2447: All of the following should be included in the initial staffing management plan as part of human resource planning EXCEPT:
Question2448: Work authorization forms are needed in order to:
Question2449: Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company's cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade
will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses.
You've determined the following information so far: Activity X has an early start of day3, early finish of day6, and a late finish of day10. Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 1.2 and the SPI is 0.9. Based on the information above, which of the following areas should cause the MOST concern?
Question2450: Scope definition is important to the success of the project except:
Question2451: You are the project manager within and information technology department of a large retailer. You are responsible for updating the network infrastructure of the company. As a project manager, you are in the Select Sellers process, and have four different vendors on your qualified sellers list.
One of the vendors on your list has invited you and your family to Hawaii for a "convention". The vendor assures that the convention is for legitimate business purposes and will be helpful in letting your company better evaluating their offerings. However, you are hesitant to accept the gift. To appraise your concerns, the vendor tells you that they will be doing a demo of the systems and other members of your project team in the past have attended. What should you do?
Question2452: You are constructing a probability and impact matrix for your project. Which of the following statements is true?
Question2453: You are a project manager for Zippy Tees. Your selection committee has just chosen a project you recommended for implementation. Your project is to manufacture a line of miniature stuffed bears that will be attached to your company's trendy T-shirts. The bears will be wearing the same T-shirt design as the shirt to which they're attached. Your project sponsor thinks you've really impressed the big boss and wants you to skip to the manufacturing process right away. What is your response?
Question2454: The process of interpreting a message is:
Question2455: All direct or indirect training costs should generally be the responsibility of the:
Question2456: According to PMI, application areas are categories of projects that have common elements in the majority of projects, but are NOT necessarily required or applicable to all projects. Applications areas are not usually defined in terms of:
Question2457: Which of the following is NOT a source of information about specific project constraints and assumptions?
Question2458: Administrative closure procedure for a project phase does not include
Question2459: A project manager has increased project costs by US $100,000, but completed the project four weeks earlier than planned. What activity is BEST described here?
Question2460: You are a project manager of ABC company and working on gathering requirements and establishing estimates for the project. Which process group are you in?
Question2461: Tools & techniques for risk identification include
Question2462: A project manager is working in a country where it is customary to pay the police for private protection services. The project manager's supervisor tells him that in another country, that would be considered a bribe. What is the BEST way for the project manager to proceed?
Question2463: Which of the following are outputs of the Risk Management Planning process?
Question2464: Ouchi's Theory Z relates more to _____ whereas Theory X / Theory Y relates to _____ .
Question2465: Approved corrective actions are an input to which process?
Question2466: The most effective means of determining the cost of a project is to price out the _____.
Question2467: Which approach to creating a WBS is often used for projects that involve new systems or approaches for doing a job?
Question2468: Which of the following is most closely associated with business risk:
Question2469: The schedule risk is the _____ .
Question2470: Which of the following would most likely increase the accuracy of estimating the project cost?
Question2471: You are establishing a PMO for National Animal Celebrity Management program, which consists of 15 separate projects. The PMO will have a Project Management Information System. This system will be an on-line repository of all program dat
Question2472: Which of the following establishes the procedures to transfer the project product or services to production and / or operations?
Question2473: You have identified an opportunity to potentially increase the project's value. Which of the following is an example of enhancing that opportunity?
Question2474: Which of the following are valid ways to breakdown the work in a WBS?
Question2475: You are in the process of controlling changes to the project scope. All of the following are tools/techniques you can use EXCEPT:
Question2476: You are an information security project manager responsible for securing your corporate network. Due to new regulations mandated by the Sarbanes-Oxley act, your company's upper management has tasked you with securing the company's network infrastructure. You have just completed the develop preliminary project scope statement process.
However upon review you've determined the resulting preliminary project scope statement is ambiguous and poorly
written. A poorly written Preliminary Project Scope Statement will directly impact all of the following EXCEPT:
Question2477: You are a project manager for a documentary film company. In light of a recent regional tragedy, the company president wants to get a new documentary on the rescue efforts of the heroic rescue teams to air as soon as possible. She's looking to you to make this documentary the best that has ever been produced in the history of this company. She guarantees you free rein to use whatever resources you need to get this project done quickly. However, the best photographer in the company is currently working on another assignment. Which of the following is true?
Question2478: You are the project manager at a manufacturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years, the Internet has transformed the competitive landscape. As a result company's market share has been eroding.
Hence, your current project involves implementing the company's internet strategies to best exploit these altered dynamics and increase the company's market share. You commit to completing the project deliverables by this date. Which of the following BEST describes why this is the INCORRECT way to estimate the schedule?
Question2479: Which of the following is not a process of project human resource management?
Question2480: As project manager, you wish to impose a standard method by which subordinates calculate project costs. Which level of communication should be required for this effort?
Question2481: Which of the following statements about decomposition is the least true?
Question2482: Which of the following is neither a tool nor a technique for source selection?
Question2483: Charisma would be an example of _____ power.
Question2484: The one document that should always be used to help identify risk is the:
Question2485: The quality management plan documents how the project team will implement the quality policy. It must address all of the following except which one?
Question2486: In which of the following organizations is the project manager role likely to be part- time?
Question2487: Human Resource Management is tightly linked to which other knowledge area?
Question2488: Who has MOST of the power in strong matrix organization?
Question2489: You've identified a risk event on your current project that could save $500,000 in project costs if it occurs. Your organization is considering hiring a consulting firm to help establish proper project management techniques in order to assure it realizes these savings. Which of the following is true based on this statement? (Choose the best answer.)
Question2490: You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning processes group. You are working on the WBS. The finance manager has given you a numbering system to assign to the WBS. Which of the following is true?
Question2491: The state of being totally answerable for the satisfactory completion of a specific assignment is called:
Question2492: As a PMP, you will be required to comply with the PMP Code of Professional Conduct. This code refers to all of the following except which one?
Question2493: Continually measuring and monitoring the actual cost versus the budget is done to _____.
Question2494: You are the project manger at an advertising firm that specializes in marketing and promotional campaign for athletic shoes. Your company frequently uses sports celebrities as part of the marketing and advertising campaigns. Advertising that uses celebrities to influence consumer's purchasing decisions is an example of what type of power?
Question2495: Management by Objectives (MBO)
Question2496: Which of the following is NOT a tool or technique of Risk Monitoring and Control?
Question2497: Project termination responsibilities include all of the following except:
Question2498: All of the following are sources of conflict EXCEPT:
Question2499: Your team has identified the risks on the project and determined their risk score. The team is in the midst of determining what strategies to put in place should the risks occur. After some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. Although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. Which of the following is true regarding this question?
Question2500: You are a contract project manager within an information technology department of a large retailer. You are responsible for developing a new e-commerce web-site for the retailer. You are in the process of selecting the vendor who will provide the hardware including computer servers and networking equipment. As the project manager, you are in the select sellers process and have three vendors on your qualified sellers list who have responded to your company's RFP. One of the vendors remaining on the qualified sellers list is NetComp. Although you have no financial interests in this company, one of your friends Dennis is an investor of this company. Is there a conflict of interest in this situation?
Question2501: When should a risk be avoided?
Question2502: This process can directly influence the project schedule.
Question2503: The erection of foundation formwork before the placement of foundation concrete would be an example of a _____ dependency.
Question2504: In your project, you are creating a diagram that describes the decision under consideration and implications of choosing one or another of the available alternatives. This will help in:
Question2505: Which of the following statements are true regarding estimation techniques?
Question2506: You are the project manager for an outdoor concert event scheduled for one year from today. You're working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You've decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization, so you'll opt for which contract type?
Question2507: A Work Breakdown Structure can be used for all the following except:
Question2508: Which of the following is an output of Define Scope?
Question2509: At the beginning of a project you are asked for an order of magnitude budget. What type of budget estimate are you likely to use?
Question2510: Which of the following project would be BEST project to select?
Question2511: A Work Berakdown Structure is most useful for:
Question2512: Which of the following describes Fast Tracking?
Question2513: Value engineering/Analysis is the systematic use of techniques which does not include _____.
Question2514: You are a project manager for Dakota Software Consulting Services. You're working with a major retailer that offers its products through mail-order catalogs. The company is interested in knowing customer characteristics, the amounts of first-time orders, and similar information. As a potential bidder for this project, you worked on the RFP response and submitted the proposal. When the selection committee received the RFP responses from all the vendors bidding on this project, it used a weighted system to make a selection. Which process did this occur in?
Question2515: You are in the process of controlling changes to the project schedule. All of the following are the inputs to the process except:
Question2516: Which of the following brings together a set of tools and techniques used to describe, organize, and monitor the work of project activities?
Question2517: Which of the following represents the BEST process to accomplish resource
planning?
Question2518: Which of the following MUST NOT performed in project initiation process?
Question2519: Exhibit:
Please refer to the exhibit.
Use the following graphic to answer this question. If the duration of activity B was changed to 10 days and the duration of activity G was changed to 9 days, which path is the critical path?
Question2520: Contract close out contains:
Question2521: All the techniques described below can be used to keep a meeting focused except:
Question2522: Which process is not included in Project Time Management?
Question2523: Expectancy theory as applied to project management implies that:
Question2524: The major disadvantage of a bar chart is:
Question2525: Negotiation, pre assignment, and acquisition are tools and techniques of which of the following processes?
Question2526: Management wants to be sure that the project is following defined quality standards. Which of the following should they look at?
Question2527: All of the following statements are true regarding the ADM method except which one?
Question2528: A vendor has notified you that a shipment will be 3 weeks late. This will also delay the
manufacturing of several other items. Recognizing that you will need to make some changes to the project, what is your next step?
Question2529: Earned value measurement is an example of:
Question2530: A program can best be described as:
Question2531: You are currently on a 3-week vocation in Australia. You've decided to rent a car as your means of transport around the country. Driving in a foreign country can be potentially a risky activity as you are unfamiliar with the terrain. Hence, the probability of being involved in an accident is higher. You are very concerned with regards to the financial liability incurred if you were involved in an accident. As a project manager, you are aware of various techniques used to respond to understand risks. You would like to apply your risk management knowledge to reduce the risks associated with your driving. Which of the following is the BEST example of risk transference?
Question2532: Your client has terminated your project before it is complete. Which of the following is true?
Question2533: The work breakdown structure (WBS) is first developed in which scope management process?
Question2534: In crashing the schedule, you would focus on:
Question2535: You are in the process of monitoring the various project processes and their performance. Which of the following is the LEAST appropriate output of this process?
Question2536: You are the chief technology officer of a major stock exchange in United States. You have just been provided a preliminary project scope statement from your project sponsor with regards to reengineering the organization's back office accounting, billing and administrative system. Which of the following the BEST NEXT plan of action?
Question2537: In general, attempts to smooth out period to period resources will _____ the scheduled time and _____ project costs.
Question2538: In taking over a failing project you hold a status meeting and find that the IS department and the business operations representatives are avoiding each other. You realize that before moving on you need to do some team building. The type of behavior that the IS and operations people are demonstrating is:
Question2539: Which of the following statements are true regarding random causes and special causes with respect to statistical Perform Quality Control?
Question2540: Which of the following best describes project funds that are held in reserve to account for and offset known risks, such as project scope risks, schedule risks, cost or quality risks?
Question2541: Which of the following is not an input into organizational planning?
Question2542: You are the project manager responsible for developing a new online line bill payment system for a utility company. You are expected to complete the project within the next year. You are currently in the process of identifying and evaluating a number of risks quantifying their impacts and identifying their probability of occurrence. You would like to use a tool that will determine the highest expected value for the various scenarios. Which of the following tools should you use?
Question2543: The Quality Risk _____ .
Question2544: What is the purpose of dummy actvity in an activityon-arrow diagram?
Question2545: You are one of ten full-time project managers in your organization. You all share two administrative persons. There are generally 3.0 - 4.0 projects per year that involve about 3.0% of the organization employees - however, these employees do not report to you. Your organization can best be classified as:
Question2546: Reserve analysis is a tool /technique in all of the following processes EXCEPT:
Question2547: You are the project manager for the information technology division of the large financial brokerage in the United States. Due to new regulatory requirements en acted by srbanesoxely, you have been assigned to audit all I.T. systems to ensure compliances. You need to ensure all the data in database is encrypted to ensure confidentially. You need to ensure that all the users are properly authenticated. You also need to verify the authorization to confidential financial information follows the least-privilege principle. This project came about as a result of which of the following is need?
Question2548: All of the following are outputs of the Risk Monitoring and Control process EXCEPT:
Question2549: The most common communication problem during negotiations is that
Question2550: You are a project manager at a biotech company where you are responsible for developing treatment for diabetes. You are in functional organization, where you have little formal authority within the organization. Which of the following describes the type of power you have in organization?
Question2551: Which of the following are technical staffs particularly responsive to?
Question2552: Which of the following could be an appropriate WBS code for a work package at the fourth level in a WBS where the top level code is 1.0? Select all that apply.
Question2553: Which of the following statements regarding risk register is FALSE?
Question2554: A project manager who, in a deference of opinion with the project controls engineer on how costs are to be reported, dictates the format of the cost report may be said to have a conflict management style.
Question2555: In your construction project, the CPI is 1.30 and SPI is 0.85. What could be the potential reason?
Question2556: In a matrix organizational form, which factor(s) make it difficult for a project manager to provide a valid input into the employee's performance review?
Question2557: _________ is the formal procedure for sanctioning project work to ensure it is done at the right time.
Question2558: You have just completed the progress planning process group and are ready to begin the project executing process group. You will need to perform all the following executing processes except:
Question2559: Inputs to communication planning include
Question2560: Earned value analysis is a performance reporting tool/ technique used in manage stakeholder's process. Which of the following performance measurements is derived by the following formula: (EAC-AC)?
Question2561: You are a project manager at an utility company. Due to the recent rise in the cost of
petroleum, the market demand for cheaper, alternate forms of energy have grown exponentially. Your company has identified, a multi billion dollar market opportunity for alternate forms of energy.
However your organization does not have enough resources and expertise to exploit this market opportunity. Hence your organization has decided to form joint ventures and risk sharing relationship with various other utility companies to coordinate research and development activities. Which of he following best describes the best strategy you are using with this market opportunity?
Question2562: Your project just completed, and one of your subcontractors has sent you floor seats to the next big hockey game to thank you for your business. What is the BEST way to respond?
Question2563: Which of the following are true regarding the critical path EXCEPT:
Question2564: You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are tools techniques you can use EXCEPT:
Question2565: While creating the agenda for a status meeting with the team, a project manager receives input from one team member that an item should be added. Another team member says the team is not ready to resolve the item during the meeting. After much discussion, the project manager decides to put the item on the agenda as an initial discussion item only. Which conflict resolution technique is the project manager using?
Question2566: Change requests should be ______ ?
Question2567: A project manager is creating a risk response plan. However, every time a risk response is suggested, another risk is identified that is caused by the response. Which of the following is the BEST thing for the project manager to do?
Question2568: Decomposition of project work involves all of the following EXCEPT:
Question2569: Which of the following quality improvement approaches is LEAST likely to produce positive results?
Question2570: Which of the following documents formally indicates that the customer or sponsor has officially accepted the project deliverables?
Question2571: Using the data below, the point of total assumption occurs at a cost of work of:
Question2572: Which of the following statements are true regarding the procurement audit tool/ technique?
Question2573: A team member is showing up late to work and leaving early, and it is affecting the project. The project manager decides that the team member must be reprimanded. Which of the following is the BEST way to handle this situation?
Question2574: Which of the following contract types has the highest risk to the contractor:
Question2575: Which of the following are not tools/ techniques of the activity definition process?
Question2576: A poorly defined staffing management plan will LEAST directly impact:
Question2577: Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement. Which of the following is not contained in the project scope statement?
Question2578: Which of the following statements are FALSE regarding quality audits?
Question2579: The purpose of configuration management is to:
Question2580: Which of the following is referred to as sunk cost:
Question2581: The Communication Management Plan provides all of the following except:
Question2582: You are managing a construction project that is currently being initiated. You met with the sponsors and several important stakeholders, and have started to work on the preliminary scope statement. You've documented several key assumptions that have been made, and identified project constraints and initial risks. Before you can finish the preliminary scope statement, you must make a rough order of magnitude estimate of both time and cost, so that the sponsor can allocate the final budget.
What's the range of a rough order of magnitude (ROM) estimate?
Question2583: In which of the following documents will you find specific procedures for contract closure?
Question2584: Which of the following is not a tool or technique for cost control?
Question2585: The process that is not a part of time management is:
Question2586: Which of the following tools are used to implementation of approved change request, corrective actions, and defect repairs?
Question2587: Projects are typically authorized as a result of any of the following except
Question2588: You are the project manager for a top-secret software project for an agency of the United States government. Your mission-should you choose to accept it-is to complete the project using internal resources. The reason is that getting top-secret clearances for contractors takes quite a bit of time, and waiting for clearances would jeopardize the implementation date. Your programmers are 80 percent of the way through the programming and testing work when your agency appoints a new executive director. Your programmers are siphoned off this project to work on the executive director's hot new project. Which of the following addresses the purpose of Scope Verification in this case?
Question2589: Which of the following best describes residual risks?
Question2590: Who has MOST of the power in projectized organization?
Question2591: What is true for a project when a Phase gate approach is being used?
Question2592: Which of the following best describes progressive elaboration?
Question2593: Line of balance charts are used most frequently in:
Question2594: Which of the following is not true regarding project charter?
Question2595: Which of the following processes is NOT part of Project Human Resources Management Knowledge Area?
Question2596: A graphic display of resource usage hours is:
Question2597: The purpose of project Risk Management is to:
Question2598: As you determine the requirements, constraints and assumptions for the project you record them in which document?
Question2599: You are working on a construction project. You, your team, and your senior manager all feel that the work is complete. Your stakeholders have communicated their final acceptance of the project. You are now meeting with your team to update the organizational process assets with a record of knowledge gained about the project to help future project managers with their projects. This is BEST described as:
Question2600: An activity-on-node (AON) network diagram shows the following activities on two critical paths; Start, D, E, J, L, End and Start, D, E, G, I, L, End. Each activity is at least three days in duration, except for activity L, which is one day in duration. If you are directed to reduce the project by one day, which activities are MOST likely to change?
Question2601: Filling vacant positions by recruiting within the organization
Question2602: You are planning a project that uses the same team as a project that is currently being performed by your company. What should you consult to find information about when those people will be available for your project?
Question2603: All of the statements are FALSE regarding Resource Calendars?
Question2604: Which of the following is an output of Verify Scope?
Question2605: All the following are responsibilities of a certified PMP EXCEPT:
Question2606: Which of the following statements are FALSE regarding rolling wave plan?
Question2607: Which of the following compression techniques increases risk?
Question2608: The sequential steps that define the process for successfully completing a project is:
Question2609: The scope statement should include:
Question2610: Project managers need exceptionally good communication and negotiation skills primarily because:
Question2611: Tom is a project manager on an industrial design project. He is always watching when his team members come into the office, when they take their breaks and when they leave. He periodically walks around the office to be sure that everyone is doing work when they are at their desks and he insists that he make every project decision, even minor ones. What kind of manager is he?
Question2612: You are the project manager for the company that sells online music. Your project is to develop a new content management system that will not only manage all users purchases and downloads, but will automatically learn the users music interests in order to make future product recommendations. In addition your content management system must scale to support millions of concurrent music downloads a day.
Your team has made significant progress on the project. You are preparing the performance of a project to date and have calculated the following measurements.
PV=4,000 EV= 3,500 AC= 3,000
What is the SPI of this project?
Question2613: You are in charge of developing a new product for a bank. Your quality metrics are based on the 80th percentile of each of the last three products developeD. This is an example of:
Question2614: To identify which quality standards are relevant to a project, and determine how to satisfy them, you will do:
Question2615: Which of the following statements regarding project charter is false?
Question2616: To determine what causes the majority of quality problems in a process, a very useful tool is the:
Question2617: Communication management is best described as conducting or supervising
Question2618: Which of the following terms is used to describe the receipt issued by a carrier for items to be delivered to a third party:
Question2619: Which of the following statements are NOT true?
Question2620: Which of the following statements are false regarding the probability impact matrix?
Question2621: You are a project manager for Fountain of Youth Spring Water bottlers. Your project involves installing a new accounting system, and you're performing the risk-planning processes. You have identified several problems along with the causes of those problems. Which of the following diagrams will you use to show the problem and its causes and effects?
Question2622: Change control system, variance analysis, replanning and configuration management systems are tool/ techniques of which process?
Question2623: What is the difference between expected monetary value and net present value?
Question2624: You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process group. You've published the scope statement and scope management plan. The document that describes who will receive copies of this information as well as future project information, how it should be distributed, and who will prepare it is which of the following?
Question2625: The contract management plan is an output of which process?
Question2626: Which of the following is not a tool or technique of the Perform Quality Control process?
Question2627: You are the project manager for a sewage treatment plant. The government has mandated that you have to ensure that the sewage plant will not adversely impact the neighborhood. From a project perspective, this is a (an):
Question2628: The concept that it is easier and less costly to do the work right the first time is called:
Question2629: Project risk is characterized by three factors. What are they?
Question2630: Dennis works 4 an international manufacturer of costumer electronics. He has been recently assigned to supervise and manage the manufacturing of a new model of flat screen television. His supervisor congratulates him on the expanded responsibilities and informs dennis that his new assignment will be indefinitely manage the manufacturing of this new product line. What of the following describes dennis's new assignment?
Question2631: At what point in the project is there the most risk of project failure?
Question2632: You are in the process of numerically analyzing the effects of identified risks. Which of the following is the LEAST helpful input?
Question2633: An RFP is issued during which step in the procurement process?
Question2634: What are triple constraints of a project?
Question2635: Which of the following is NOT an output of the Manage Stakeholders process?
Question2636: The Preliminary Scope Statement which is and output of the Develop Preliminary Project Scope Statement process, is an input to all of the following EXCEPT:
Question2637: Fragment network area term used in reference with which of the following?
Question2638: In preparing a good project definition, experienced project managers will:
Question2639: According to C. P. Alderfer, people's needs fall into three broad categories. Which of the following is not one of Alderfer's categories?
Question2640: Thomas is a project manager at a biotech company. He is an excellent project manager with a very successful track record managing large, complex R&D projects. During his leisure time, Thomas competes in amateur body-building contests.
Body-building is an extremely competitive sport. So Thomas takes performance enhancing drugs, such as steroids, in order to maintain his competitive edge. His company does not have any policies prohibiting usage of such performance enhancing drugs. How does this affect his PMI status?
Question2641: The person in the organization that authorizes the commencement of a project is the
______________?
Question2642: Techniques that can improve communication include:
Question2643: As you are executing your project you are constantly checking your risk register to be sure that you have planned responses for all of your risks. At one team status meeting, you find that a lower priority risk has suddenly become more likely. Where do you keep information about low priority risks?
Question2644: What is least important when it comes to archiving project records?
Question2645: As the leader of a project team, the project manager may be required to assess the competencies of his or her team members. Occasionally, some weaknesses or areas for improvement will be identified. The project manager should:
Question2646: The Time Management Process that involves identifying and documenting interactivity dependencies is called:
Question2647: A project manager should exhibit two types of leaderships. These are transactional and transformational. The leader should guide the members by identifying their roles and responsibilities for the project. In addition he should inspire the team members to successfully complete the project tasks. If the project manager follows the Mc"Gragor theories of leadership
which of the following statements are true?
Question2648: A project team member submits a suggestion on how to improve the corporate procurement process. This is an example of _____ communication
Question2649: The Communications Management Plan should contain the following:
Question2650: You are in the process of translating project objectives into tangible deliverables and requirements. All the following are techniques used in the product analysis tool and technique of the Scope Definition process, except for which one?
Question2651: A process characteristic has a true mean of 150 and a true standard deviation of 20. A sample of 25 items is taken from this process. The standard error of the estimate is:
Question2652: Key stakeholders on every project do not include
Question2653: Project managers that are available to answer questions, provide guidance when need, and generally do not interfere with day-to-day activities have a(n) ______ managerial style.
Question2654: You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the standard deviation?
Question2655: Which of the following is not provided by the framework of a Work Breakdown structure?
Question2656: A graphical display of accumulated costs and labor hours for both budgeted and actual costs, plotted against time, is called a(n) _____.
Question2657: A task-oriented family tree of activities is a:
Question2658: Evaluation criteria are an input to the Select Sellers process. Which of the following is LEAST likely an example of an evaluation criteria?
Question2659: A project manager is creating a report of the final status of a closed project to the stakeholders. Which of the following is NOT used in a final project report to communicate the status of a project?
Question2660: The risk register is initiated in the Risk Identification process and further updated in the Qualitative Risk analysis and Quantitative Risk analysis processes. Which of the following are NOT risk register updates as part of the Quantitative Risk Analysis process?
Question2661: Quality function Deployment is a tool used to:
Question2662: You are a project manager responsible for constructing a new sports arena in preparation of the upcoming Olympics. Construction began on the project a year ago. The stakeholder of the project want a status report on the performance of the project to the date. Unfortunately, you are afraid of telling your stakeholders that your project is coming in over the budget and the cost change is required using the cost change control system. Which of the following tools were used to calculate the cost variance projection?
Question2663: Which of the following are NOT inputs to the Develop Project Charter process?
Question2664: With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
Question2665: Contract Negotiation is carried out as part of :
Question2666: Which is not input to Define Activities:
Question2667: Which is the BEST definition of quality?
Question2668: In a project lifecycle, least number of conflicts occur over:
Question2669: As a Project Manager, you have to manage the project and lead the team in delivering a successful project. Managing is primarily concerned with:
Question2670: As a project is carried out and slack time is consumed on individual tasks, the slack left over for the remaining tasks is:
Question2671: You are the manager of a major project to develop a system of barriers to prevent a seaside city from flooding. Together with your team you created a Code of conduct stating that the Change control board must be immediately notified of gifts when the value exceeds $90. The same applies to invitations when the value exceeds $150.
Today, a contractor executive sent you an invitation for a night at an opera with a value of $95. It is a one-time event and you tried to obtain tickets by yourself without success. The person told you that he would so much wish to join you, but he will not be available on that day, and he could get hold of only one ticket anyway.
What do you have to do?
Question2672: You are a project manager responsible for constructing a new sports arena in preparation of the upcoming Olympics.
Construction began on the project a year ago. The stakeholder of the project want a status report on the performance of the project to the date.
Unfortunately, you are afraid of telling your stakeholders that your project is coming in over the budget and the cost change is required using the cost change control system. Which of the following tools were used to calculate the cost variance projection?
Question2673: The main objective of a Control Chart is to :
Question2674: You are the project manager for the software company that develops stock analysis software. You have been assigned to develop a new technical analysis tools to forecast the price of stock given its historical volatility based on Elliot Wave techniques. You need to gather necessary information to write the project scope management plan. Which of the following tools/ techniques will NOT be useful for you in this process?
Question2675: You are presented the following schedule data regarding various project activities on the critical path. Please refer to the exhibit.
Exhibit: You are told that the project has a negative float of 4 months. Which activity or activities would you crash to save four months on the project?
Question2676: You are defining evaluation criteria for your project. The procurement item is readily available from a number of acceptable sellers. On which criterion may you focus on in such a situation?
Question2677: Which process recognizes that a project or phase should begin and commits the organization.
Question2678: You are using the three-point estimating technique to estimate the duration of a schedule activity. You are given the following data:
[Pessimistic=100days] | [optimistic=40days] | [most likely=65 days]
Which of the following statements are true?
Question2679: Which of the following statements is true regarding brainstorming and lateral thinking?
Question2680: A project team member tells you that she went to her project manager with a good idea for a useful change to the project. Instead of giving her approval to make the change, the project manager asked her to write a report describing the benefits of the change. What is the MOST appropriate advice for the situation?
Question2681: The project management office is worried about the quality of the company's various projects. They want to know which projects are having problems and which ones are doing well. If the PMO receives the following information, which project should they be the MOST concerned about?
Question2682: A project plan is:
Question2683: What are you likely to see as a project progresses in a schedule with must fix dates and little or no slack?
Question2684: The primary communication skills you will use in working with members of your project team will be:
Question2685: The risk of accepting a lot of poor quality, in acceptance sampling, is referred to as:
Question2686: Which of the following is NOT a reason to measure variances from the baseline?
Question2687: Joe is an excellent programmer. He was promoted to a role of Project Manager because he understands technology better than anyone else in the company. Unfortunately, he is having trouble doing the project management job and his projects are failing. What is this an example of?
Question2688: You are in the process of establishing a total cost baseline for measuring project performance. Which of the following is the LEAST helpful INPUT?
Question2689: Which of the following tool/ technique are unplanned responses to risks that were previously unidentified?
Question2690: What are extrinsic motivators?
Question2691: Which of the following is not a Project Management knowledge area?
Question2692: You're managing a construction project to install several hundred air conditioner panels in a new office building. Every floor has identical panels. The customer, a construction contracting company, has provided specifications for the installations. The team is using a process to install and verify each panel. As the team completes each panel, your team's quality control inspector measures it and adds a data point to a control chart. You examine the control chart and discover that the process is out of control. Which of the following BEST describes what you found on the control chart?
Question2693: You are the project manager for the manufacturer of children's toys. Your project team is in the process of designing a new toy for children for next Christmas season. Your project team has worked together for the last six months and has become a self-directed team with little, If any management supervision required. Which of the following stages of develop project team best describes your team?
Question2694: The terms strong matrix, balanced matrix, and weak matrix when applied to the matrix structure in project organization refer to the-
Question2695: You are the project manager responsible for renovating a 70-year old building. You intend to hire an outside construction firm to seismic retrofit the building in order to make sure that the building can withstand the large earthquakes. The outside construction firm has requested SOW. Which of the following statements are FALSE regarding the contract SOW?
Question2696: A work breakdown structure is a:
Question2697: All of the following statements are true regarding the Human Resource Planning process except for which one?
Question2698: Guidelines for estimating time durations include:
Question2699: CORRECT TEXT
All of the following statements are TRUE regarding modeling and simulation EXCEPT:
Question2700: Which of the following statements about fast-tracking is TRUE?
Question2701: You are the project manager within and information technology department of a large retailer. You are responsible for updating the network infrastructure of the company. As a project manager, you are in the Select Sellers process, and have four different vendors on your qualified sellers list.
One of the vendors on your list has invited you to lunch to a very highclass and expensive restaurant. In fact, a meal can cost anywhere from $500-$1000 USD. What should you do?
Question2702: Which of the following is true concerning evaluation criteria?
Question2703: All of the following are true regarding the Ishiwaka diagram in the quality planning process except:
Question2704: You are working with potential sponsors to determine which project your company will pursue. Based on the benefit-to-cost (BCR) ratios, which of the following four projects should you recommend?
Question2705: Human resource administration is the primary responsibility of the:
Question2706: Which of the following processes is in the Initiating process group?
Question2707: Your stakeholders have asked for an analysis of the cost risk. All of the following are true except for which one?
Question2708: For communication to occur, there must be:
Question2709: Which of the following is the MOST likely candidate for a three-point estimate?
Question2710: Which of the following are constraints that you might find during the Human Resource Planning process?
Question2711: You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them with training on cultural differences and the customs of this country before arriving, but they still seem uncomfortable and disoriented. Which of the following statements is true?
Question2712: Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the project would meet the end date. Which of the following is NOT one of the reasons this project had difficulty?
Question2713: With respect to management planning, timing defines how often risk management process should be performed throughout the project lifecycle. Which of the following is the key factor affects timing?
Question2714: A proven effective means to insure quality conformance is to:
Question2715: You are managing an accounting project when a new CFO is hired at your company. He'll be affected by all accounting projects in your company. What's the BEST thing for you to do?
Question2716: You are managing a project with AC = $25,100, ETC = $45,600, VAC = -$2,600, BAC =
$90,000 and EAC = $92,100. Your sponsor asks you to forecast how much money you expect to spend on the remainder of the project. Which is the BEST estimate to use for this forecast?
Question2717: A Work Breakdown Structure numbering system
Question2718: A contract originated bilaterally may be developed by _____ .
Question2719: Two weeks ago the project manager was fired for not managing the project well. The project is behind schedule, over cost and the morale on the team is very low. The new project manager is having a team meeting. She starts out by telling the team about the last three projects she worked on, how they were similar to this one and how she brought them in ahead of schedule and on budget. What type of power is she establishing?
Question2720: The outcome that must be produced to complete a part of a project or the project itself is called a _______?
Question2721: Which of the following process involves measures project and product scope performance and managing scope baseline changes?
Question2722: Mike is a project manager for an IT technology implementation project. He is using an ishikawa diagram to figure out what could cause potential risks on his project. Which process is he doing?
Question2723: Which is not a consideration in a make or buy decision?
Question2724: You took over a customer project for your company. From the inputs available, including Contract, Statement of work, Project charter and a Preliminary scope statement, you developed a Project management plan.
You presented your plan in a meeting with key stakeholders including your project sponsor and some representatives from the customer organization.
During the meeting you perceived a high level of dissatisfaction by the customer executives, who signaled that the project might not produce the results that the company expected. In your understanding, all necessary actions have been planned to meet the customer's requirements.
What should you do next?
Question2725: Tools and techniques used during the Quality Planning process include:
Question2726: You have a choice of accepting a fixed price contract for $115,000 with a liquidated damages clause or $100,000 without the clause. There is a 60% chance your cost will be $90,000 and a 40% chance your cost will be $80,000. There is a 98% chance of meeting your schedule but the penalty if missed is $50,000. Which is the best contract choice and how much profit would you make?
Question2727: You have been assigned to a project in which the objectives are to direct customer calls to an interactive voice response system before being connected to a live agent. You are in charge of the media communications for this project. You report to the project manager in charge of this project and the VP of marketing, who share responsibility for this project. Which organizational structure do you work in?
Question2728: What are the 5 kinds of power?
Question2729: Which of the following are outputs of the develop project team process?
Question2730: Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published a document that establishes the detailed project deliverables. Which of the following is true?
Question2731: All of the following statements are true of the project Closing processes except for which one?
Question2732: All of the following statements regarding Control Accounts are true EXCEPT:
Question2733: A project plan generally includes the following:
Question2734: Which is not part of the purchasing cycle?
Question2735: The future value of an annual income flow of $1000 for 2 years at 10% is:
Question2736: All the following statements are true about Analogous Estimating except:
Question2737: Which of the following best describes the conflict resolution technique that involves problem solving and fact-finding missions in order to discuss a win-win resolution?
Question2738: In project-driven companies, costs are usually billed againest the project based upon:
Question2739: Which of the following process takes the activities that are defined in the WBS and activity list, and accesses the amount of time required to complete these activities?
Question2740: You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. You discover, through an independent review, that the process the subcontractor uses to report its progress is inefficient. Which of the following is true?
Question2741: At XYZ Inc., the hourly wage for semi-skilled workers is $14.00. The annual audit shows that fringe benefits cost 30% of basic wages, and that overhead costs are 60% of wages plus fringe benefits. What is the loaded hourly wage for a semi-skilled worker at XYZ Inc.?
Question2742: Which is the most important element of Project Management Plan that is useful in Develop Human Resource Plan process:
Question2743: A project involves arranging for the closing of the company office where the team works and relocating everyone to a new city. The BEST thing the project manager can do is:
Question2744: You are managing a software engineering project. Your team is having trouble completing their object design tasks. One of your team members tells you that her friend at another company sent her a copy of a software package they own that will help your team meet its deadline. Without that software package, your project will probably be late. But you don't have enough money in the budget to purchase it. What's the BEST way to handle this situation?
Question2745: Risk mitigation involves all but which of the following:
Question2746: The extent of project management techniques to be used on a project are determined mainly by the _____ and _____ of the project.
Question2747: All the following refer to power derived by the position of the Project Manager in the
organization except:
Question2748: Consider the project integration management knowledge area. Which of the following process are included?
Question2749: An Activity has an Optimistic estimate of 10 days, pessimistic estimate of 16 days, most likely estimate of 13 days. Assuming a Normal Distribution, what is the probability that the task will be completed within 10 - 16 days:
Question2750: A _______ is a series of actions bringing about a result.
Question2751: Which of the following is included in activity duration estimation?
Question2752: The sender is responsible for:
Question2753: When should a Time and material contract with a contractor been chosen instead of a Fixed price contract?
Question2754: Risk event is the precise description of what might happen to the _____ of the project.
Question2755: Common causes of variances are a result of all of the following except:
Question2756: Feasibility studies evaluate alternatives in terms of
Question2757: What does the term Best practice often refer to?
Question2758: Exhibit: Please refer to the exhibit.
What is the total slack for activity D, considering the following table?
Question2759: You are project manager and now you are middle of comparing proposals received from sellers . Comparing proposals received from sellers done in _______ .
Question2760: Using "I" or "My' instead of "most people" or "our group" ______ message credibility.
Question2761: An employee approaches you and asks to tell you something in confidence. He advises you that he has been performing illegal activities within the company for the last year. He is feeling guilty about it and is telling you in order to receive advice as to what he should do. What should you do?
Question2762: Which is not the tools and techniques used in Contract Administration:
Question2763: A Pareto diagram can be best described as:
Question2764: You are in the process of estimating the type and quantity of resources needed to complete individual schedule activities. All of the following tools/ techniques you can use in this process EXCEPT:
Question2765: While reviewing project performance, the project manager determines that the schedule variance is -500. What is the BEST thing to do?
Question2766: Contract Administration is the process of ensuring that the seller`s performance meets contractual agreements.
All the following will facilitate Contract Administration EXCEPT
Question2767: All of the following statements define the role of a meeting chairperson except:
Question2768: Which of the following is not a technology factor that may affect the project communications plan:
Question2769: Which of the following is NOT an essential regarding a project close-out?
Question2770: Integrate change control includes the following activities EXCEPT:
Question2771: Which of the following is the most complex type of project selection method?
Question2772: A scope management plan describes:
Question2773: Inputs to contract closeout include
Question2774: Using the PERT, the probability of completing a project at or later than its expected time is:
Question2775: A facilitator should...
Question2776: A project element which lies between two events is called:
Question2777: There is a project with CPI = 0.81 and TCPI = 1.00001; this project is:
Question2778: Which of the following choices indicates that a project has a burn rate of 1.2? Hint: Burn rate is the same as the Cost Performance Index
Question2779: As a project manager in a project organization you are constantly dealing with conditions that breed conflict as you execute your project. Which of the following is not a condition of conflict in a project organization?
Question2780: Pure Risk differs from Business Risks because Pure Risk's _____ .
Question2781: You are managing a software project. You are partway through the project, and your team has just delivered a preliminary version of part of the software. You are holding a weekly status meeting, when one of the team members points out that an important stakeholder is running into a problem with one of the features of the current software. The team member feels that there is a risk that the stakeholder will ask for a change in that feature, even though that change would be out of scope of the current release - and if the stakeholder requests that change, there is a high probability that the change control board would approve the change. What is the BEST action to take next?
Question2782: A(n) _____ system is designed to ensure the timely availability of nonhuman resources, and includes the cost in procurement, shipping/freight, storage and loss.
Question2783: You are a project manager responsible for constructing a new sports arena in preparation of upcoming Olympics. Construction begins on the project over a year ago. The stakeholder of a project wants a status report on the performance of the project to date.
Unfortunately you are afraid to tell your stakeholders that your project is coming in significant behind schedule. In fact schedule delays are so severe that the rebaselining of the project schedule is required. Which of the following statement are true?
Question2784: Risk identification should be done
Question2785: You are the project manager for Changing Tides video games. You have gathered the inputs for the Activity Duration Estimating process. Which of the following tools and techniques will you employ to produce the outputs for this process?
Question2786: Team development is based on the-
Question2787: Your team has prepared a CPM schedule for your review. You notice that one node has six inputs (including two dummy activities) and four outputs (which include one dummy activity). Select the correct statement from the following:
Question2788: You are the project manager for the Heart of Texas casual clothing company. It's introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. The vendor has requested a contract SOW. All of the following statements are true except for which one?
Question2789: A quality management plan is created during which of the following?
Question2790: Inputs to Administrative Closure include all of the following except:
Question2791: Procurements audits are a tool/ technique of which of the following processes?
Question2792: If your expected value is 110 and the standard deviation is 12, which of the following is true?
Question2793: Which of the following is not a type of baseline from which to measure change?
Question2794: During the schedule development process the Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. Which of the following are tools and techniques that may be used during this process?
Question2795: The most common form of organizational communication is
Question2796: Who is responsible for issuing the project charter?
Question2797: All of the following are true regarding the Quality Planning process except for which one?
Question2798: You are the project manager in the I.T department of major hospital. Your current project involves developing a web based interface for legacy mainframe software applications. Your current project involves a scope change. You are documenting the physical characteristics and
functionality of the project, based on this scope change. Which of the following tool are using?
Question2799: Which of the following is the BEST candidate for a three-point estimate?
Question2800: Management calls a meeting to explain to all employees the new benefits package for the rank and file. This is an example of:
Question2801: Which of the following statements are false regarding reward recognition systems?
Question2802: You are project manager responsible for constructing a new sports arena for the upcoming Olympics. Construction begins on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You've obtained the following measurements:
BAC=500, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date are typical expect these variances to continue throughout the project. Based on the information above, what is the ETC for the project?
Question2803: Scope planning includes alternatives identification, which can be conducted by the common technique of:
Question2804: Product Reviews, Audits and walk-throughs are performed as part of which process?
Question2805: The "To Complete Performance Index" (TCPI) is calculated by:
Question2806: CIP embodies which of the following principals?
Question2807: What is best used to calculate the profit from an internal project?
Question2808: Which of the following is NOT a type of communication?
Question2809: Benchmarking is a common tool used for:
Question2810: The closing process scope includes:
Question2811: In the arrow diagramming method (ADM), _____ do not consume time or resources.
Question2812: In which of the following organization(s) does the Functional Manager have the LEAST authority?
Question2813: During which phase of the project life cycle is the amount at stake lowest?
Question2814: Top three cases on conflict on the project and project schedule, project priorities and:
Question2815: Which of the following represents an example of developing alternative activity sequences?
Question2816: Which of the following techniques uses a weighted average duration estimate to calculate activity durations?
Question2817: A project is defined as:
Question2818: Schedule model data, which is an input of the schedule development process, includes all of the following EXCEPT:
Question2819: You are the project manager for ABC Organization. You have been assigned a new project. You have good relation with sponsor and senior management. Your senior management and sponsor forcing you to start project imediately. What is your response?
Question2820: Which phase of the project life cycle typically has the highest uncertainty and risk associated with it?
Question2821: You are the project manager at a large automaker in Japan. Your project involves designing the next generation four wheel drive Sports Utility vehicle for the Asian market. Your project team is attempting to determine the right combination of suspension, tires and chassis that will ensure the stability of SUV at high speeds. Currently, you would like to measure the association between two vehicles: tire size and overall stability. Which of the following diagrams can you use?
Question2822: _____ is based on information gathered and analyzed about demand and supply. This forecast provides a prediction of short and long term prices and the underlying reasons for those trends.
Question2823: Which of the following are false regarding corrective actions?
Question2824: Collocation can mean:
Question2825: A management control that rarely changes, and then only in response to defined criteria, such as a change in scope is called a:
Question2826: You are in the process of controlling changes to project schedule. All of the following are tools/ techniques of this process EXCEPT:
Question2827: Smoothing out resource requirements from period to period is called resource _____.
Question2828: Which of the following tools is used to document the lessons that were learned when the contract was administered?
Question2829: Which of the following is not an input into solicitation planning?
Question2830: According to the PMI, early termination of a contract is considered a special case of:
Question2831: You have been assigned to a project to build a large 30-story condominium in Las Vegas. The condominium will feature luxurious amenities like state of the art work-out facilities, conference centers, valet services, maid services, spas, gourmet dining and resort style pools.
You have already finished the planning processes and have already begun construction. However, during project execution, a large number of changes are being made to the project. Which of the following BEST response to these changes?
Question2832: Communication Planning involves determining the information and communications needs of the stakeholders;
who needs what information, when they will need it, how it will be given to them and by whom. If you are going to start Communication Planning for your project, which of the following will facilitate this process?
Question2833: Which of the following is NOT necessary when developing a detailed project cost estimate? (Choose all that apply.)
Question2834: To compare actual project results to planned or expected values, one must use:
Question2835: The project charter is typically approved by the project sponsor, although some charters can be approved by key stakeholders instead. Which of the following BEST describes the role of the project sponsor on the project?
Question2836: Fixed Price contracts place more risk on the:
Question2837: Project management processes can be organized into:
Question2838: You are the project manager within an information technology department of a large retailer In order to allow for better real-tracking, in inventory control, and supply chain management, in inventory control, and supply chain management, your company in financing a project to install and to install and deploy RFID on all items of merchandise. As the project manager, you've just completed the select sellers' process, and selected 5 different vendors on your qualified sellers list who has responded to your company's RFP. One of the vendors remaining the qualified sellers list is RFID-PM Inc. although you have no financial interest in this company, one of yours old high school buddies, Terence, sits on the board of directors of this company. Is there a conflict of interest in this situation?
Question2839: Which of the following is NOT included in the project scope statement?
Question2840: Activity cost estimates and its supporting details are output of which process?
Question2841: The primary communication skills you will use in working with external stakeholders will be:
Question2842: During closeout, many project managers tend to delay personnel reassignment because
Question2843: Which of the following is the total amount of time that a scheduled activity may be delayed from its early start date without delaying the project finish date?
Question2844: Which of the statements regarding the WBS is FALSE?
Question2845: Scope verification is concerned with:
Question2846: You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following should be addressed when listing the roles and responsibilities EXCEPT:
Question2847: Which of the following tools and techniques of the Select Sellers process is used to check proposed pricing?
Question2848: A line manager possesses information which the project team needs, but withholds the information. The results in a(n):
Question2849: You are managing the development of a highly controversial project. Today you called a team meeting and explained the project objectives to the team and several members stood up and left citing philosophical objections to the project. You chased them down the hall trying to convince them to work on the project and explaining that you would use the best quality management plan available for this work. One of the team members stopped abruptly and demanded to know what the purpose of such a plan would be. You explained that the objective of any quality management plan is to-
Question2850: You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information:
Project Kansas City: The payback period is 27 months, and the IRR is 35 percent.
Project Spokane: The payback period is 25 months, and the IRR is 32 percent.
Which project should you recommend to the selection committee?
Question2851: Which of the following statements are TRUE?
Question2852: You have been hired as a contract project manager for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. Customers must register before being allowed to order wine over the Internet so that legal age can be established. You know that the module to verify registration must be written and tested using data from Grapevine's existing database. This new module cannot be tested until the data from the existing system is loaded. This is an example of which of the following?
Question2853: Three types of written media used in organizations are _____, _____, and ______.
Question2854: Please refer to the exhibit.
You have been recently assigned to provide an accurate project schedule for a large construction company.
Your lead engineer has given you the following estimates for several critical path activities. Your stakeholders want you to commit to a completion date for these critical path activities. Which of the following statements are true?
Exhibit:
Question2855: An example of coercive power would be:
Question2856: Bar charts are most appropriate for:
Question2857: Which method of conflict resolution tends to increase conflict rather than resolve it?
Question2858: While project work is being done, conflicts can arise between the procurement officer and the project manager because the procurement officer:
Question2859: You have assembled your thoughts into a message. As you pass this information to a second party, you are giving this person your:
Question2860: Which of the following statements are true regarding cost and schedule variances?
Question2861: Information about the project must be distributed to all stakeholders. Which of the following process outputs is used to report the status and cost of project activities?
Question2862: All of the following scheduling techniques account for resource limitations/ availability EXCEPT:
Question2863: The initial cost of a product and the product's operation and maintenance costs _____ .
Question2864: Scope verification differs from quality control in that it is primarily concerned with
Question2865: What is the main purpose of project initiation?
Question2866: Good project objectives must be:
Question2867: Which of the following statements are FALSE regarding sensitivity analysis?
Question2868: You are currently performing the Select Sellers process. You are considering two bids from companies on your qualified sellers list. Your project is on a tight budget, and you have been instructed by senior management to consider the cost over any other criteria. You used the company that submitted the lower bid on a previous project, and you were not happy with their work. The company that submitted the higher bid has a reputation for treating their clients well, flying project managers first class and giving them accommodations in five-star hotels. What is the BEST way to handle this situation?
Question2869: You are in the process of establishing a total cost baseline for measuring project performance. Which of the following is the LEAST helpful tool/ technique?
Question2870: In which organizational form do project managers usually get to know the employees well enough to provide an input into their performance review?
Question2871: Which of the following are the part of WBS dictionary except:
Question2872: Inputs to overall change control include:
Question2873: What is commonly the purpose of the Manage stakeholders process?
Question2874: The project manager for a construction project discovers that the local city council will vote on a zoning change that would open up a new neighborhood to commercial building. She contacts other construction companies in the area that would benefit from the change to ask them to attend the council meeting in order to convince the city council to vote for the change. A "Yes" vote will benefit all of the companies. This is an example of which risk response strategy?
Question2875: All of the following statements are true regarding the critical path EXCEPT:
Question2876: Most project (and non-project) managers prefer _____ communications.
Question2877: All these statements about project charter are correct except:
Question2878: Your project will most likely be completed in 10 weeks. Worst case scenario, the project will require 19 weeks, and if everything goes well the project will be completed in 7 weeks.
What is the PERT estimate for the task?
Question2879: Quality control involves monitoring specific project results to determine if they comply with relevant quality standards. To evaluate Quality Control outputs, the project team should have a working knowledge of:
Question2880: You are currently in process of prioritizing risks by their impact and probability of occurrence. The risk register updates from this process include all of the following EXCEPT:
Question2881: You are collecting information regarding project progress and project accomplishments and reporting it to the stakeholders. You will manage these communication needs and resolve issues using the communication management plan as your guideline. Which of the following is true?
Question2882: Project Stakeholders are defined as:
Question2883: The highest degrees of project risk and uncertainty are associated with the following phase of the project:
Question2884: The process of developing a written scope statement as the basis for future project decisions is called:
Question2885: A tool and technique of quality control that keeps errors from reaching the client is
Question2886: Which is not a point used for Three-point estimation?
Question2887: You are in the process of controlling changes to the project cost baseline. Which of the following is the LEAST helpful tool/ technique?
Question2888: You are a project manager at a biotech company, where you are leading a cross functional team to develop a treatment for diabetes. The organization has a weak matrix structure, where al of your team members report to different functional managers and none of the team member report to you directly. Your project has extremely high visibility in the company, and there is a lot of pressure on you to deliver on time and within budget. However, you are concerned whether you will have the necessary authority and power to complete the project deliverables. Which of the following types of powers will be MOST effective in your situation?
Question2889: All the following are needed to create the WBS EXCEPT:
Question2890: Which of the following is not true about project planning methodology?
Question2891: What document contains the following: type of contract to be used, vendor management protocols, procurement coordination?
Question2892: Constrained optimization models and benefit measurement method are example of:
Question2893: Your work as a project manager at the computer chip manufacturer, developing*86 microprocessors. As predicted by moore's law each year your companies introduces new models of micro-processors which are more faster and powerful then their predecessors. Microprocessors
that are obsolete or do not sell are quickly retired from production. The lifecycle for the micro-processors begins in R&D, extends to manufacturing, and finally ends with phase out. This cycle
is often referred to as:
Question2894: Examples of team building activities include:
Question2895: Which of the following are not considered as enterprise environmental factor?
Question2896: The primary source document for establishing the content of the Project Status Report is:
Question2897: The project schedule is not used to determine
Question2898: Your project plan requires personnel to wear a Radiation Monitor counter at all times while they are within the protected area surrounding a nuclear reactor. This requirement arises from your concern for:
Question2899: You are the project manager at Construction Company, assigned to build 30-storey apartment building. In order to being constructing the frame of the building, the foundation of the building must be built. Which of the following relationship types best describes this dependency between framing and foundation?
Question2900: Your project multiple functions. If this decision is made, your project will be terminated by: to create a new time tracking and accounting system has been put on hold pending a decision to bring in a third party human resources system that will handle
Question2901: Configuration (baseline) control monitors performance against the
Question2902: Which of the following is a defect?
Question2903: The quality objectives are approved in the conceptual stage of the project by the:
Question2904: You are the project manager at a large accounting firm in the United States. Throughout the year your firm provides both consulting services and accounting/ auditing services to XYZ Widgets, Inc, a publicly traded company listed on the New York Stock Exchange. Currently, your project involves auditing the financial statements of XYZ Widgets Inc, in preparation for the annual shareholders/ investors meeting.
While your team is in the midst of project execution, you are informed that your project is due to new SEC regulations. Specifically, a new SEC regulation prohibits accounting firms from providing both consulting services and auditing services to a client, due to potential conflicts of interest that could arise from such business relationships.
As a result, your project is cancelled, and the budget for your project is cut. Without the necessary budget, your project team is disbanded and your project team members go to their separate ways. Which of the following statements are true?
Question2905: You are a project manager for Penguin Software. Your company creates custom software programs for hospitals and large dental offices. You have just completed a project and are gathering the documentation of the product of the project. This might include all of the following except ___________________.
Question2906: The use of quality circles:
Question2907: Which of the following best describes cost incurred in the past whose total will not be affected by any decisions made now or in the future?
Question2908: You are a project manager at construction company, assigned to repaint the 30-story building. One of the initial tasks are to scrape the original paint off the building and then to prime the building. But before the building can be primed, the original paint must be scraped off the building.
However priming can begin while scraping is underway. The two tasks can progress in parallel. Which of the following relationship type best describes this dependency between scraping and priming?
Question2909: Which statement is false? Progressive elaboration of project scope...
Question2910: When planning, organizing, coordinating, and controlling a project an important human resources skill or ability would be
Question2911: Which of the following terms refers to the situation where the work is being used for the purpose intended and so certified:
Question2912: You are the project manager working on constructing a suspension bridge for the city of San Francisco. You've just conducted an earned value analysis and determined that the CPI index is 1.20 and SPI index is 1.30. Specifically, your project is coming in ahead of schedule and under budget. However, one of your structural engineers informs that he is afraid that the welding does NOT meet quality standards. Unfortunately, sub-par quality in the welds could reduce the stability of the bridge, especially is the earthquake happens. Hence, you are working with the
quality assurance department to verify that whether the project will satisfy the necessary quality standards. All of the following are required in order to start this process EXCEPT:
Question2913: Which of the following is true about the WBS
Question2914: A team may not be fully functional until each member
Question2915: Management of a certain building was receiving complaints about slow elevator service. The solution adopted was to add mirrors in the lobbies to reduce boredom while passengers waited. This is an example of _____ .
Question2916: Which of the following are NOT used to create the scope baseline for a project?
Question2917: Which of the following statements are FALSE regarding contracts?
Question2918: By which process may an unsuccessful supplier seek remedy for unjust awards?
Question2919: You are the project manager at Happy Coffee Cafe, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores through the United states. Your target markets primarily include densely populated metropolitan areas.
Your company is evaluating different areas for expansion, including New York, San Francisco, and Seattle. Based on your market analysis you have obtained the following information:
New York-IRR (33%), payback period (1.5 years)
San Francisco-IRR (45%), payback period (1.1 years)
Seattle-IRR (36%), payback period (0.75 years)
Based on this data which area is best for Happy Coffee Cafe?
Question2920: Scope management is:
Question2921: Management usually determines the costs and schedule for a project. Given this constraint, which of the following steps would be unnecessary?
Question2922: Problem solving addresses potential problems on the project.
Question2923: Your management applies the 10 percent solution: It has requested that you reduce the budget for the project which you are currently initiating by 10%. What will this probably mean for your project?
Question2924: You are a project manager for a manufacturing firm that produces Civil War-era replicas and memorabilia. You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem?
Question2925: What should you as the project manager do in the event of reduced funding on your project?
Question2926: Inputs to Integrated Change Control include:
Question2927: Customer satisfaction should be measured at the end of the project to maintain long-term relationships. Which of the following is NOT always an aspect of customer satisfaction?
Question2928: Which of the following statements regarding configuration management systems is LEAST true?
Question2929: The scope baseline/project charter is prepared by the:
Question2930: As the Project Manager of an IT project, you are in the process of creating the project plan. You have been looking at information related to similar projects and have identified assumptions and constraints. What Tools will you use to define the project plan?
Question2931: The CFO wants to know how the project is going. You put together a presentation that shows the milestones, progress to date against schedule and budget, and projected progress in the next 30 days. What type of power does this demonstrate to senior management?
Question2932: Risk to the project can be categorized by all of the following EXCEPT:
Question2933: The risk register is initiated in the Risk Identification process and further updated in the Qualitative Risk analysis and Quantitative Risk analysis processes. Which of the following are NOT risk register updates as part of the Quantitative Risk Analysis process?
Question2934: You are the project manager responsible for renovating a 70-year old building. You intend to hire an outside construction firm to seismic retrofit the building in order to make sure that the building can withstand the large earthquakes. You are in process of selecting a contract type best suited for this project. You would like to select a contract type that transfers the risk onto the seller for any cost risks and no-performance issues. Which contract type should you choose?
Question2935: The two closing procedures are called:
Question2936: Non-conformance penalties are a form of _____.
Question2937: Which of the following is an output from the Contract Closeout process?
Question2938: According to the PMBOK Guide, the project manager is identified and assigned during which process?
Question2939: As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?
Question2940: A resource pool description provides:
Question2941: You are a project manager working on contract. You've performed earned value analysis and discovered that the project will be completed on time and under the original estimated amount. This means the profit to your company will decrease as will your personal bonus. Which of the following should you do?
Question2942: The auditing function that provides feedback about the quality of output is referred to as:
Question2943: Which of the following is not true for a Responsibility Assignment Matrix (RAM):
Question2944: In which of the following process is the qualified sellers list developed?
Question2945: You are managing a large construction project that's been broken down into sub-projects (or phases). Each of these sub-projects is scheduled to take between three and six months to complete. At the end of each subproject, you plan to go through the closing processes and document lessons learned. Which of the following BEST describes what you must do at the beginning of each sub-project or phase?
Question2946: Life seems to be going very well for your close friend, a fellow PMP. She has taken a trip to France, bought a new car, and stocked her wine cellar with a half dozen expensive bottles of wine, all within the last six months. After a few cocktails one evening, she tells you her secret. The vendor she's working with on the $4 billion project she's managing has given her all of these items as gifts. Which of the following should you do? (Choose the best answer.)
Question2947: When comparing the cost of competing projects, which of the following is typically NOT considered?
Question2948: Which of the following best describes the project integration Management Knowledge Area?
Question2949: The purpose of a quality audit includes all of the following except which one?
Question2950: Obtaining information from prospective sellers on how project needs can be met is part of:
Question2951: You are the project manger of a software project. Two developers, Bill and Alfredo, are having an argument about how to implement a feature. Bill thinks that it's more important that the project get done quickly, so he's suggesting that you re-use some work that's been done on a previous project to get started. Alfredo thinks that that work doesn't apply to this project and will just waste time. Bill is almost always right about these things and he's very influential on the team, so it's important that you keep him happy. What should you do?
Question2952: Which of the following represents a hierarchically organized depiction of the resources to be used on the project?
Question2953: Procurements audits are a tool/ technique of which of the following processes?
Question2954: A work package, scheduled for one year from today, will cost $114,000 at that time. It can be done now at a reduced cost. Using a 12% discount rate, the maximum cost you should authorize for doing the work now is:
Question2955: In the project environment, the individual ultimately responsible for quality control is:
Question2956: Most quality problems:
Question2957: You are the project manager fro the large children's toy manufacturer. You have been asked to manufacture the latest craze in "Dancing Widgets" for upcoming Christmas season. You've been informed that the company needs at least one month lead time in order to have Widgets on retailer's shelves for Christmas season. Hence, based on the current sales forecast you've been asked to deliver 100,000 units by November 1st at the least. However four months into the project you've noticed that the project has become 6 weeks BEHIND schedule. Since missing the deadline in unacceptable you've hired twenty additional contingent workers to get the project on track. This is an example of which type of following?
Question2958: You are one of four full-time project managers in an organization. You all share an administrative person. There are generally 8-10 projects per year that involve about 25% of the organization's employees, however, these employees do not report to you. Your organization can best be classified as:
Question2959: With triangular distribution, the low, likely and high values are 15, 20 and 40, respectively. The mean is _____.
Question2960: The customer has negotiated a cost plus incentive fee contract with a vendor. The contract has a target cost of 300,000, a target fee of 40,000, a share ratio of 80/20, a maximum fee of 60,000, and a minimum fee of $10,000. If the seller has actual costs of 380,000, how much fee will the vendor collect?
Question2961: You have determined that a design error will interface with meeting technical performance objectives. Which of the following is the preferred response in this situation?
Question2962: Project managers must know:
Question2963: Each Organization measures project team performance in its own way. However on which combination of the following objectives do most managers seem to agree?
Question2964: Reaching an understanding of concessions is accomplished in the _____ stage of negotiations.
Question2965: High level project constraints are determined during the _______ process group.
Question2966: All of the following are outputs of the close project process EXCEPT:
Question2967: How many ADDITIONAL lines of communication will be created when the number of team members involved during the project increases from five to ten?
Question2968: You are project manager responsible for constructing a new sports arena for the upcoming
Olympics. Construction begins on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You've obtained the following measurements:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
You believe the type of variances that have occurred on the project to date are typical expect these variances to continue throughout the project. Based on the information above, what is the EAC for the project?
Question2969: The Japanese resource management model exhibits:
Question2970: Using the situation below and assuming continued efficiency for work-in progress and fixed price contract for task four. The estimate at completion is: Budgeted Cost BCWS ACWP BCWP Task One $5K $5K $6K $5K Task Two $6K $6K $8K $4K Task Three $4K $2K $1K $1K Task Four $4K $0K $0K $0K
Question2971: For doing Quality Planning, you are going to use Design of Experiments to determine which factors might influence specific variables. What variable(s) can be used in your analysis?
Question2972: You are a project manager for an international marketing firm. You are ready to assign resources to your new project using a work authorization system. Which of the following statements is not true?
Question2973: You are continually faced with tasks coming in late because your resources are being pulled off to handle other "urgent" situations. You have set up a conference with several of the managers who have been doing this on a regular basis. What technique might you use to alleviate the current situation?
Question2974: A contingency plan is:
Question2975: What is the total slack for the following project? Exhibit:
Question2976: One of the outputs of risk identification is
Question2977: Consider the project Integration Management knowledge area. Which of the process are not included?
Question2978: You are a project manager for a company that sells online music. Your project is to develop new content management system that will not only manage all users purchases and downloads but will automatically learn the users music interest to make future product recommendation. In addition your content management system must scale to support millions of current music downloads a day. Your team has made a significant progress on the project. You are preparing the performance of the project to date and have calculated the following measurement:
PV=4000, EV=3500, AC=3000
Which of the following statement are true?
Question2979: Which of the following risk management processes are workarounds identified?
Question2980: All of the following are reporting techniques used in the Cost control process EXCEPT:
Question2981: Which of the following describes the difference between the maximum funding and the end of cost baseline?
Question2982: Key Management skills include:
Question2983: The sending or conveying of information from one place to another is the process of
Question2984: A change has occurred on your project. You've documented the change, filled out a change request, and submitted that request to the change control board (CCB). What's the NEXT thing that must happen on the project?
Question2985: Inputs to contract administration do not include:
Question2986: You are the project manager for Design Your Web Site, Inc. Your company is designing the website for a national grocery store chain. You have your activity list in hand and several alternative time estimates for each activity and are ready to diagram the activity dependencies. You should use which of the following?
Question2987: Objectives can be described as all of the following except for which one? Choose the least correct answer.
Question2988: Which of the following actions are irrelevant when the critical path needs to be reduced by 35% on a project?
Question2989: You are using the three-point estimating technique to estimate the duration of a schedule activity. Which of the following is the correct formula for calculating variance assuming a triangular distribution?
Question2990: Which of the following statements BEST describes what project progress reports are?
Question2991: A organization where power shared between project manager and functional manager is called:
Question2992: Project initiation is all of the following except:
Question2993: You are in the process of estimating the type of and quantity of resources needed to complete individual schedule activities. All of the following are tools/ techniques you can use in this process EXCEPT:
Question2994: You are a project manager for Dutch Harbor Consulting. Your latest project involves the upgrade of an organization's operating system on 236 servers. You performed this project under contract. You are in the Closing process and know that product verification is for what purpose?
Question2995: As the Project Cost Engineer on a high rise development you are preparing your budget. You have developed a template, based on similar projects that can be used for buildings with 3-25 stories. It breaks out cost per square foot for plumbing, wiring, HVAC, dry wall, floors etc. This type of cost estimating is called:
Question2996: All of the following are environmental factors that should be considered during Human Resource Planning EXCEPT:
Question2997: Inputs to procurement planning include
Question2998: Where is work packages described?
Question2999: You are the project manager for a construction company. Your firm has been contracted to complete the construction of a 10-story office building. This project will use three point estimates to calculate the estimates for activity duration. You have the following estimates for task A (creating the foundation). Assuming the triangular distribution what is the average duration estimate based on the following three point estimates?
Pessimistic= 100 days
Optimistic= 40 days
Most likely=65 days
Question3000: When a project is initiated, one of the first deliverables from the project initiation phase is:
Question3001: Delegation may
Question3002: Which of the following is considered a method of accelerated depreciation:
Question3003: You are a project manager for a company that sells online music. Your project is to develop new content management system that will not only manage all users purchases and downloads but will automatically learn the users music interest to make future product recommendation. In addition your content management system must scale to support millions of current music downloads a day. Your team has made a significant progress on the project. You are preparing the performance of the project to date and have calculated the following measurement:
PV=4000, EV=3500, AC=3000 Which of the following statement are true?
Question3004: You would like to measure the association between tow variables. Which of the following is NOT a measuring technique or measure you would use to do this?
Question3005: A tool that analyzes the inputs to a process to identify the causes of errors is called:
Question3006: All the following are examples of Constrained Optimization except:
Question3007: The project scope/charter baseline includes:
Question3008: In your construction project, you decide to make a small change to the height of a flyover. Small changes to the height of a flyover is mentioned in your change control system is a change that will allow for "automatic approval." In this case, you should:
Question3009: Under which of the following circumstances would project management is the NOT be the preferred management approach?
Question3010: The objective of duration compression includes all the following except:
Question3011: All of the following statements are true regarding the critical path method EXCEPT:
Question3012: You are a project manager at an utility company. Due to the recent rise in the cost of
petroleum, the market demand for cheaper alternate forms of energy has grown exponentially. Your company has identified a multi billion dollar market opportunity for alternate forms of energy.
However your organization does not have enough resources and expertise to exploit this market opportunity. Hence your organization has identified and hire a team of scientists. Your organization is working with recruiting firm to identify the qualified candidates. Which of the following best describes the type of strategy you are using to deal with this market opportunity?
Question3013: You are the project manager for the international contract manufacturing firm with manufacturing the plants and offices in India, China and Thailand. Your company design and manufacture various consumer electronics such as flat screen, television, laptop computers, monitors, e.t.c. Your company is currently under contract to manufacture the next generation 128-bit video game console for x-cube station. Work has begun on the project, and you are in the process of confirming the initial work results with stakeholders. You are in the process of working with the stakeholders to confirm acceptance of the initial work results. Which process are you performing?
Question3014: If a property depreciates by the same amount every year, it is called:
Question3015: During execution of a project, the most common source of conflict within the project team is likely to be:
Question3016: The process of Manage Stakeholder Expectations is part of which process?
Question3017: Float is the amount of time an activity can be delayed without delaying the project finish date. It can also be called all the following except:
Question3018: The critical path in a schedule network is the path that:
Question3019: What is the difference between Verify Scope and quality control?
Question3020: You have just taken over a project as a project manager, which will create many benefits to the performing organization, but you sense a high level of resistance by various stakeholders right from the start. What is the most appropriate action to resolve the problem?
Question3021: Which statement describes best the meaning of Leadership?
Question3022: The financial closeout of a project dictates that:
Question3023: You are the project manager at a software company developing the next-gen OODBMS (Object Oriented Data Base Management System). As software development can be very chaotic, your company has elected to follow a more rigorous approach to software development.
Specifically your company has chosen to adopt the extreme programming XP methodology for your current software project. The XP methodology is highly iterative, and produces numerous deliverables include UML diagrams, architecture diagrams, prototypes and test-cases.
Assume you are in the Activity Sequencing phase of the project. Which of the following sequencing methods should you use to identify the logical relationships between tasks, so that the activities can be sequenced correctly?
Question3024: Which of the following is CORRECT?
Question3025: You have been assigned as a project leader and must first review the statement of work provided by the customer. Which of the following is most often overlooked?
Question3026: Together with your team, you applied three-point estimation on a Critical path which consists of two activities.
The following duration uncertainties are all calculated assuming a +-3sigma Confidence interval.
The duration uncertainty-defined as pessimistic minus optimistic estimate-of the first activity is 18 days; the second estimate has an uncertainty of 24 days.
Applying the PERT formula, what is the duration uncertainty of the entire path?
Question3027: To determine the tangible and intangible costs and benefits of the project, you will conduct
a:
Question3028: Which of the following is equivalent to a lump sum contract:
Question3029: Which of the following processes is involved with identifying which quality standards are relevant to the project and devising a plan on how to meet / satisfy these standards?
Question3030: Developing a written scope statement as the basis for future project decisions is called:
Question3031: You are the project manager for a large children's toys manufacturer. You've been asked to manufacture the latest craze in "Dancing Widgets" for the upcoming Christmas season. You've been informed that the company needs at least one month lead time to distribute the Widgets in order to have the Widgets on retailers shelves for the Christmas season.
You've been asked to breakdown the costs associated with production.
Which of the following can be categorized as variable costs associated with the production?
Question3032: Your company manufactures CPU for high-end workstation computers. Your current project involves manufacturing a very high speed CPU (~10GHZ). You worked on a similar project three years ago to manufacture a lower speed CPU (~2GHZ).
You are in the develop project charter process. Which of the following inputs are LEAST helpful?
Question3033: A variance envelope has been established on a project. The envelope goes from +-30% in R&D to +-5% during manufacturing. The reason for the change in thickness of the envelope is because:
Question3034: Project cash reserves are often used for adjustment in escalation factors which may be beyond the control of the project manager. Other than possibly financing (interest) costs and taxes, the three most common escalation factors involve changes in:
Question3035: Which of the following is NOT an indirect cost?
Question3036: When should the project manager be assigned?
Question3037: You know that PV = 470, AC = 430, EV = 480, EAC = 500, and BAC = 525. What is VAC?
Question3038: A project kick off meeting is usually conducted to:
Question3039: In preparing for a team meeting you want to let the team know how they are doing on the project schedule over all. You calculate the task achievements as follows: planning has a BCWS of $20,000 and a BCWP of $25,000, testing has a BCWS of $17,000 and BCWP of $15,000, and design has a BCWS of $34,000 and a BCWP of $42,000. As a whole your project is:
Question3040: Middle (functional) managers have the greatest influence in the direction of the project in which type of organizational structure?
Question3041: Which of the following is NOT part of a typical change control system?
Question3042: All of the following are another terms of bidder conferences EXCEPT:
Question3043: Which is not a technique for Sequence Activities?
Question3044: Which of the following processes allow an unsuccessful bidder to seek remedy for contract award to another bidder.
Question3045: The Project Manager's ability to influence others using power derived from the same source as Reward Power, is called:
Question3046: A WBS can be used foe all of the following EXCEPT:
Question3047: A scenario is presented in which current variances are seen as typical. Here are the figures:
PV=800, BAC=700, EV=675, AC=750.
Question3048: Which of the following types of contracts requires the greatest amount of time to monitor and audit?
Question3049: The comprehensive review of a contractor's technical performance, cost performance, and delivery schedule, is referred to as:
Question3050: ___________ are not necessarily used to establish the Cost baseline of a project?
Question3051: Steps in effective goal setting are:
Question3052: Micheal is a self employed PMP certified project manager who is currently working as a
constructor at a company specializing in developing medical equipment. The company has a policy that explicitly states that smoking is not allowed during working hours. However, since Micheal is self-employed and not considered a regular company employee he decides to smoke during lunch hour. Which of
the following statements are true?
Question3053: Please refer to this Decision Tree which shows the analysis of profit/loss for the two alternatives (i.e. to build or buy). What should the project Manager recommend?
Question3054: A network has been developed with resources from six different departments. One of the six departments has just informed you that they can increase the number of employees from 5 to 8. This will result in:
Question3055: The major reason why a project manager would use written instead of oral communication is:
Question3056: Which of the following can be used to measure overall project performance?
Question3057: You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following statements is true?
Question3058: You are a contract project manager for a wholesale flower distribution company. Your
project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300, AC = 200, and EV = 250. What is the CPI of this project?
Question3059: You are running a project to engineer and implement a set of business processes and a software solution for Customer relationship management. The project involves a big number of performing organizations-a major corporation and many suppliers of different size.
During the project you observed a restraining effect of differences between the companies' corporate cultures. This leads to different expectations on how such a project should be handled and to frequent misunderstandings between stakeholders. Another effect is a growing degree of distrust and skepticism.
What should you try first to integrate the diverse stakeholder groups?
Question3060: You are a project manager at a real estate company that develops and manages commercial, retail and residential properties in South America, Europe, and Asia. As a company continues to grow, the company's IT infrastructure is unable to meet business needs of organization. Hence you have been assigned to upgrade the company's IT infrastructure. Specifically, your team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop a lease tracking system, and implement HR and payroll systems. Your project team has already completed all the initiating / project planning activities and received sign-off/ approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages. However, you have just received a change request to add additional reporting functionality to the lease tracking application. Fortunately you have already determined that this functionality has no side effects on the components of the "triple constraints". Which of the following is the BEST action to perform NEXT?
Question3061: Which of the following is not an input to cost budgeting?
Question3062: Which of the following factors has historically been the greatest contributor to project failure?
Question3063: A life cycle project manager tends to have the following characteristics:
Question3064: After project is completed, a complete set of indexed project records should be put in:
Question3065: The review for the specification completeness is performed during which of the following cycles.
Question3066: Which of the following statements concerning contract type is correct?
Question3067: You have just completed the project planning process group and you are ready to begin the project executing process group. You'll need to perform all of the following EXCEPT:
Question3068: You are the project manager on a construction project. As you're planning out the work your team will do, you divide up all of the work into work packages and create a WBS that shows how they t into categories. For each one of the work packages, you write down details such as initial estimates and information about what account it should be billed against. Where do you store all of that information?
Question3069: Which of the following statements are true regarding quality planning and perform quality
assurance?
Question3070: Which of the following is NOT an input to Perform Quality Control?
Question3071: The procurement management plan describes how the procurement processes will be managed. All of the following should be documented in the procurement management plan EXCEPT:
Question3072: Which of the following statements are true regarding the project statement of work?
Question3073: Inputs to scope definition include
Question3074: The term that best describes the 'right' to manipulate or change others is called?
Question3075: Which of the following is true?
Question3076: Schedule variance can be determined by:
Question3077: Listening involves more than hearing sounds. The good listener
Question3078: You are currently in the process of prioritizing risks by their impact and probability of occurrence. The risk register updates from this process include all of the following EXCEPT:
Question3079: Your project was just completed. Because of some unfortunate circumstances, the project was delayed, causing cost overruns at the end of the project. This information might be useful on future projects in all of the following activities except for which one?
Question3080: You are the project manger at a construction company. Your company is currently in the process of developing a 500-unit apartment complex. Your company plans to subcontract all the electrical wiring of the building to an outside vendor.
The subcontractor's work will involve wiring the building for electrical power, as well as cable and Internet Ethernet wiring. In which of the following processes will a contract between the buyer and seller be created?
Question3081: Management reserves are normally defined as a % of the total budget. As a project progresses, the project manager wants the $ value of management reserve to _____, whereas the customer wants the management reserve to _____.
Question3082: Which task is on schedule with a cost variance of $0?
Question3083: Which of the following tools/techniques can be used to help ensure that project work tasks will NOT be duplicated by multiple team members?
Question3084: You are the project manager for ABC Organization. You are considering recommending a project that costs $210,000;
expected inflows are $5,000 per month for the first three years and then $6,000 per month thereafter. What is the payback period?
Question3085: A particular process has two independent sources of variation. The standard deviation of the first source is 3 units and the standard deviation of the second source is 4 units. The standard deviation of the processes is:
Question3086: What involves determining what quantities are to be used to perform project activities.
Question3087: Which method of conflict resolution tends to be the most effective in resolving conflicts?
Question3088: What is the purpose of the WBS?
Question3089: You have been recently been assigned to provide an accurate project schedule for constructing a new 50-story casino, in Las Vegas, Nevada. You are evaluating the network diagram for the construction project, and are using the forward pass calculations to construct the schedule. You are trying to calculate the earliest start time for laying the foundation of the building. The expected duration for this task is 150 days. The task must be completed within 300 days, while the expected completion is within 220 days. The latest finish time is 200 days. Based on this information, what is the earliest start time of this task?
Question3090: A scientist is informing techs. about a new product which is starting and the type of work that the lab techs. will be expected to do. The barriers which could hinder the lab techs. ability to filter the information include all of the following except:
Question3091: Since risk is associated with most projects, the best course of action is to:
Question3092: The Japanese Quality Control (QC) Circle movement motivated its participants in many ways. Which of the following represents the most important motivation for the QC circle participants?
Question3093: Which of the following Scope Management process involves breaking down a project into smaller manageable units?
Question3094: Formal acceptance by the client or sponsor of the project should be preapred and distributed during which process?
Question3095: When control charts are being used, outliers are...
Question3096: Japanese quality control has improved dramatically in the last 30 years for all of the following reasons except:
Question3097: You work for a large manufacturing plant. You are working on a new project to release an overseas product line. This is the company's first experience in the overseas market, and it wants to make a big splash with the introduction of this product. The stakeholders are a bit nervous about the project and historically proceed cautiously and take a considerable amount of time to examine information before making a final decision. The project entails producing your product in a concentrated formula and packaging it in smaller containers than the
Question3098: Design of experiments is an analytical technique which helps
Question3099: Which of the following process involves determining project roles, responsibilities, and reporting relationships, and develops the staffing management plan?
Question3100: Which of the following areas are addressed in risk identification:
Question3101: Determining and delivering the required levels of quality is the responsibility of:
Question3102: Project cost management must consider the effect of project decisions on the cost of the product created by the project. Your objective to reduce cost and time, improve quality and performance, and optimize decision making can be facilitated using tools like: (select best answer)
Question3103: The sponsor is worried about the seller deriving extra profit on the cost plus fixed fee (CPFF) contract. Each month the sponsor requires the project manager to submit CPI calculations and an analysis of the cost to complete. The project manager explains to the sponsor that extra profits should NOT be a worry on this project because:
Question3104: which of the following best describes the request seller responses process?
Question3105: You have been assigned to a project that will allow job seekers to fill out applications and submit them via the company website. You report to the VP of human resources. You are also responsible for screening applications for the information technology division and setting up interviews. The project coordinator has asked for the latest version of your changes to the online application page for his review. Which organizational structure do you work in?
Question3106: Range estimating in determining cost risk probabilities requires _____ .
Question3107: A work breakdown structure:
Question3108: You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following are tools/ techniques you can use EXCEPT:
Question3109: There are three outputs that are common to scope, schedule and cost control processes. Which of the following is not a common output to these control processes?
Question3110: The following reports are normally developed during the project closure phase?
Question3111: Each of the following describes an element of the scope definition process except:
Question3112: You are in the process of developing an approximation of the costs of the resources needed to complete each schedule activity. Which of the following statements are FALSE regarding this process?
Question3113: Which technique has been applied to develop the following diagram? Exhibit:
Question3114: Management reserves are used to handle which type of risk?
Question3115: Which of the following is not an input to Team Development?
Question3116: Which of the following best describes progressive elaboration?
Question3117: A new project management software tool has come onto the market. You spend the weekend taking an online tutorial to learn about it. This is an example of:
Question3118: Which is not one of the triple constraint of a project?
Question3119: CORRECT TEXT
During Planning processes, you used Monte-Carlo simulation to quantitatively assess cost and schedule risks of your project. Now, during Risk monitoring and control, you repeat the technique, and it leads to different results. What should not be the reason for that?
Question3120: The main objective of providing incentives in contracts is to:
Question3121: Which of the following is false regarding recognition and rewards?
Question3122: As the project manager, you are preparing your methods for quality management. You are looking for a method that can demonstrate the relationship between events and their resulting effects. You want to use a method to depict the events that cause a negative effect on quality. Which of the following is the BEST choice for accomplishing your objective?
Question3123: Risks that cannot be identified or evaluated _____ .
Question3124: Which of the following is closet to Deming's definition of Quality:
Question3125: Which of the following is true regarding IRR?
Question3126: The use of scarce resources must be decided upon with functional managers before it causes delays in your project. Which is probably your most important skill right now?
Question3127: Which of the following statements are true regarding project risk management?
Question3128: Employee unions would most likely satisfy which level in Maslow's hierarchy of needs?
Question3129: Please refer to the diagram below:
Task1 -> Task3 -> Task4 -> Task5 is the critical path. What is the late Finish Date for Task2?
Question3130: According to PMI, application areas are categories of projects that have common elements in the majority of project, but are NOT necessarily required or applicable to all projects. Application areas are NOT usually defined in terms of:
Question3131: An ad hoc group that discusses variances to the baselines, a documented process to manage variances, and procedures to update documents are all part of:
Question3132: At the beginning of the project, you hold a meeting with all of the stakeholders in your project in order to figure out how everyone will communicate as the work goes on. Which of the following terms best describes that meeting?
Question3133: You are managing a construction project. During your risk identification interviews you learn that there has been a string of construction site thefts over the past few months in the area where your will be building your project. The team agrees that it's unlikely that people will be able to steal from your site. Even if thieves could get around your security, it's even more unlikely that your project will lose a significant amount of material if a theft does occur. You decide to monitor the risk from time to time to be sure that it continues to have a low probability and impact. Where do you record the risk so that you don't lose track of it?
Question3134: The review of key deliverables and project performance at the conclusion of a project phase is called:
Question3135: Quantitative assessment(s) of the likely costs of the resources required to complete project activities is(are) also referred to as:
Question3136: Inputs to Staff Acquisition include all of the following except:
Question3137: In your last project status meeting, you had 15 team members. The meeting was very disorderly - there were too many sidebar conversations and arguments. As a result, you achieved nothing substantial from the meeting. In order to better regulate the meeting next time, you should:
Question3138: What is the purpose of the project charter?
Question3139: Assigning resources in an attempt to find the shortest project schedule consistent with fixed resource limits is called resource _____.
Question3140: As the most recent in a succession of project managers assigned to the project, you discover that one of your projects has no people assigned to it, no deliverables scheduled for development, and an extremely small budget. Nevertheless, you are expected to report status for the project periodically. This project has, in fact, experienced termination by:
Question3141: There are two projects from which you have to choose one. Project X is being done over a 3 years period and has a NPV $35,000. Project Y is being done over a 4 years period and has a NPV $40,000. Which project would you choose?
Question3142: The items at the lowest level of the WBS are called
Question3143: Which of the following techniques incorporates a form of risk assessment?
Question3144: You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements. Which of the following is not a valid option?
Question3145: Earned value analysis is a performance reporting tool/ technique used in the Manage Stakeholders process. Which of the following performance measurements is derived by the following formula: (EV/PV)?
Question3146: If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?
Question3147: You have been recently hired to be a project manager at a bio-tech company to develop anew drug for the treatment for diabetes. George is your chief scientist. Over the past few years, George has helped the company develop various patents and technologies with regard to treating diabetes. To say the least, George is critical to company's success.
Lately, George has been demanding a 50% increase in his salary. He is threatening to leave the company if he does not receive a salary increase. Which type of power is George yielding in order to get his pay increase?
Question3148: Statistically independent The contractual statement of work (CSOW)
Question3149: During execution of a project, you observe that the performance of some of your team members is dropping, while others are doing a consistently good job. What should you try first to bring the team as a whole back to performance?
Question3150: Which task has the greatest schedule variance?
Question3151: You are a project manager for a telecommunications firm. You're working on a project that entails upgrading technical hardware and equipment. The estimated cost of the hardware and equipment is $1,725,000. You are reviewing products from three different vendors. One of the vendors invites you to lunch. What is the most appropriate response?
Question3152: Your project team is already created the WBS, developed estimates for the work packages, and sequenced the project activities using the precedence diagramming method. Which action should be performed NEXT?
Question3153: Qualitative risk analysis requires accurate data as its input. Risk Data Quality Assessment is a technique to evaluate the degree to which the data regarding risks would be useful. What is the best course of action if the Risk Data Quality Assessment for most of the identified risks are low?
Question3154: Which of the following organizations has the best technical project control?
Question3155: Your project was just completed, accepted, and closed. As is customary for your organization, you conduct a post-implementation audit. The purpose of this audit includes all of the following except for which one?
Question3156: Contract administration integrates many of the other knowledge areas. All of the following are part of contract administration except:
Question3157: Project managers have the highest level of authority and the most power in which type of organizational structure?
Question3158: In which plan do you define the processes that will be used to keep people informed throughout the project?
Question3159: Work Breakdown Structure is:
Question3160: Statistical cost estimating techniques (based upon history), are called _____ estimates and are a _____ approach.
Question3161: Activity attributes identify multiple attributes associated with each schedule activity is an output of the activity definition process. All of the following are considered activity attributes EXCEPT:
Question3162: The process of identifying and defining a product or service is called:
Question3163: What is the purpose of the following diagram? Exhibit:
Question3164: Adding 5 people to a 4 person team increases the communication channels by a factor of:
Question3165: All of the following statements are true regarding cost-reimbursable contracts EXCEPT:
Question3166: A process that is not part of Project Risk Management is:
Question3167: Which document is developed along the risk management processes from Risk identification through Risk response planning and Risk monitoring and control?
Question3168: A quality control (QC) manager for a manufacturing firm is calculating the expected standard deviation (s) for the length of hex bolts being produced on the assembly line. There are two sources of variation in the length of the hex bolts: production variation and measurement error. The QC manager knows that the standard deviations from these two sources are 0.24 inch and 0.43 inch, respectively. Assuming that there are no other significant sources of error, what answer should the QC manager calculate for the total standard deviation of the length of the hex bolts?
Question3169: You are being hired to manage a highway construction project for a contractor working for Smith County. The sponsor is a project officer who works for the Smith County municipal government. You have three separate teams working all three shifts, with a separate foreman for each team. Each team has members from two different unions, and each union has its own representative. Who is the BEST person to approve the project charter?
Question3170: Which of the following describes an input to the direct and manage execution process that consists of documented, authorized requests for product correction of a defect found during quality inspection?
Question3171: Parametric Modeling and Analogous Estimating are used in what process:
Question3172: You are working on a project that requires resources with expertise in the areas of hospitality management and entertainment. You are preparing your project schedule network diagram and know that you will use only finish-to-start dependencies. Which of the following diagramming methods does this describe?
Question3173: Which of the following processes involves analyzing activity sequences, activity duration, and resource requirements, to develop the project schedule?
Question3174: You are managing a project to install a new postage software system that will automatically print labels and administer postage for certified mailings, overnight packages, and other special mailing needs. You've attempted to gain the cooperation of the business analyst working on this project, and you need some answers. She is elusive and tells you that this project is not her top priority. What should you do to avoid situations like this in the future?
Question3175: All of the following are true of Administrative Closure except:
Question3176: Which of the following types of power comes through the organizational hierarchy
Question3177: Which of the following describes a hierarchically organized representation of identified project risks arranged by risk categories?
Question3178: A make or buy analysis is used as:
Question3179: A work breakdown structure is most useful for:
Question3180: Which of the following processes involves ensuring that risk plans are properly executed?
Question3181: Reasons for changing the staffing management plan include all of the following EXCEPT:
Question3182: What are decision models?
Question3183: Every status meeting should have time allotted for Risk Monitoring and Control. Which of the following sentences is not true?
Question3184: As a PMP, you are required to comply with the PMP Code of Professional Conduct. Part of
your responsibility concerns applying professional knowledge. All of the following are part of applying professional knowledge except for which one?
Question3185: The ___________ can be used to assess outlays and funding requirements.
Question3186: Which of the following statements are FALSE regarding the project scope management plan?
Question3187: Which of the following processes involves developing necessary procedures to mitigate threats to the project from the project risks?
Question3188: Which of the following control types has the highest risk to the owner:
Question3189: Which of the following statements BEST describes an Estimate At Completion
(EAC)?
Question3190: Which of the following illustrate a chart with upper /lower limits on which value of some statistical measure for a series of samples are plotted using sample measure measurement, where the mean and standard deviation are determine from the sample selected?
Question3191: Quality attributes
Question3192: Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
Question3193: You have collected the work performance information for your project to be included in the project archives. What is the purpose of the work performance information?
Question3194: Qualitative risk analysis requires accurate data as its input. Risk data quality assessment ranking is a technique to evaluate the degree to which the data regarding risks would be useful. Risk quality data assessment involves examining all of the following EXCEPT:
Question3195: You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity. What is the most appropriate response?
Question3196: Your company's quality assurance department has performed a quality audit on your project. They have found that your team has implemented something inefficiently, and that could lead to defects. What's the NEXT thing that should happen on your project?
Question3197: Which of the following statements are true regarding the Pareto diagrams?
Question3198: A single source seller is ____________.
Question3199: Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. Which of the following is true?
Question3200: Decomposition is
Question3201: Which of the following methods is least likely to be used for explaining project planning guidelines to the team?
Question3202: The main difference between the two types (ADM and PDM) of the critical path method (CPM) of scheduling is the:
Question3203: All of the following statements are true regarding risks except for which one? Choose the least correct answer.
Question3204: You are in the process of directing the performance of the planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following actions that you should perform in this stage EXCEPT:
Question3205: Cost and schedule data are usually integrated because:
Question3206: Which of the following is NOT a source selection tool or technique?
Question3207: Which of the following would most likely not be an essential objective of a project team kick-off meeting
Question3208: Things that distort, distract, or muddle the communication process are called:
Question3209: Which of the following statements regarding networking is false?
Question3210: You are the project manager at a company developing an online music store. You are in the process of calculating the cost budget for this project using a combination of parametric estimation and bottom-up estimation. Which of the following statements are FALSE:
Question3211: Which of the following documents initiates a project and authorizes the project manager to assign organizational resources to the project?
Question3212: A technique for resolving conflict in which the parties agree to have a neutral third party hear the dispute and make a decision is called:
Question3213: While implementing your project, a team member brings to your notice, a risk that was not mentioned in the Risk Response Plan. In this case, you should:
Question3214: Which of the following best describes a win-lose conflict resolution technique that uses formal power to command/ demand a specific solution to a problem?
Question3215: Before reporting a perceived violation of an established rule or policy the project manager should:
Question3216: All of the following are generally true about a Project Charter except:
Question3217: Which of the following tools and techniques can be used to collect information for the project closure reports?
Question3218: The "Cost of quality" project management concept includes ____?
Question3219: When subordinates know pertinent information that is not known by the project manager, the result is:
Question3220: What is the lowest level in a work breakdown structure?
Question3221: Which of the following statements are true regarding straight line depreciation?
Question3222: All the following statements relating to communication management are correct EXCEPT:
Question3223: Which of the following statements are false regarding the cost change control system?
Question3224: As you complete each deliverable for your project, you check that it is correct along with your stakeholders and sponsors. Which process are you performing?
Question3225: Which of the following statements are true regarding the critical path method?
Question3226: The core function of the project manager is
Question3227: Which of the following are not situations where pre-assignment of project team members are known in advance?
Question3228: Which of the following is true regarding the project charter?
Question3229: Maximum intensity of conflicts occur over:
Question3230: What is the order of the Procurement Management processes?
Question3231: The risk monitoring and control process involves all of the following except:
Question3232: Fast tracking means to:
Question3233: You are the project manager at Happy Coffee Cafe, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas for expansion, including France, Germany, and England. Based on your market analysis, you have obtained the following information:
England-IRR (33%), payback period (1.5 years)
France-IRR (45%), payback period (1.1 years)
Germany-IRR (36%), payback period (0.75 years)
Question3234: Using the data shown: TARGET COST: 12,000, TARGET FEE: 1000, SHARE RATION: 80/20 and PRICE CEILING: 14,000. The point of total assumption occurs at a cost of:
Question3235: A problem occurs on an activity with free float and the project manager has extended its duration. What is MOST likely to be affected?
Question3236: Which of the following BEST describes a mutually binding legal agreement that obligates the seller to provide specified products / services and obligates the buyer to pay the seller?
Question3237: Please refer to the exhibit.
Which of the following describes the following organizational structure?
Exhibit:
Question3238: Which of the following is NOT a function of a kick-off meeting?
Question3239: You are working on a project that is similar in scope to a project performed last year by your company. You might consider which of the following?
Question3240: The Cost Performance Index is computed as:
Question3241: Techniques for Source Selection include all of the following except:
Question3242: You are approximately 30% through your project and the sponsor wants a forecast of the final budget based on what has already been spent. You create an S curve chart display of what kind of performance report:
Question3243: You are a project manager for the Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000, with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months. Which project should you recommend?
Question3244: Project execution is very much an integrative process whereby all the work that was planned is actually accomplished. During this integrative process, what is the area that the project manager will spend the least amount of time on?
Question3245: Which of the following contracts has the MOST risk for the buyer?
Question3246: The project manager and project sponsor are discussing the project costs and whether it is better to have their own company do part of the project or hire another company to do the work. If they asked for your opinion, you might say it would be better to do the work yourself if:
Question3247: Which of the following are not situations where pre assignment of project team members
are known in advance?
Question3248: The term resource planning refers to:
Question3249: By which means is a contractor able to control cost overruns due to changing requirements?
Question3250: A request, demand or assertion of a contract partner for consideration, compensation or payment under a legally binding contract, such as a disputed change, is often referred to as a99
Question3251: Project management/project planning is most closely aligned with:
Question3252: Rekha is a project manager on a large construction project. Late in the project, her client demands a big change. She assesses the impact of the change and tells the client how much time and money it will cost. But the client says that he doesn't have the time or budget to allow the change. What's the BEST way for Rekha to handle this situation?
Question3253: Which of the following contract types places the greatest risk on the seller?
Question3254: The organization of the project is very important for successful implementation. Which
factor does not have an impact of design of the project organization?
Question3255: You are in the process of directing the performance of the planned project activities and managing the various technical and organizational interfaces that exist within your project. Which of the following process are you performing?
Question3256: A project manager is reporting the final status of the closed contract to the stakeholders. Which form of communication is appropriate?
Question3257: Which of the following best describes the tool/ technique used to identify lessons learned during the procurement process, including the identification and examination of any problems and areas for improvement?
Question3258: You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You've been told that it is culturally unacceptable to eat certain foods in this country. You know that one of these foods happens to be a secret ingredient in the pizza sauce. What is the most appropriate response?
Question3259: Risks that remain after avoidance, transfer and mitigation are also called:
Question3260: Technique used to evaluate the degree to which the data about risks is useful for risk management is also called:
Question3261: Which of the following best describes the calculations of late finish dates and late start dates for the uncompleted portions of all network activities?
Question3262: Douglas McGregor's Theory Y advocates that the average worker:
Question3263: A project was assessed and the following Earned value data have been found:
PV: $750,000 EV: $750,000 AC: $900,000
What is the Burn rate of the project?
Question3264: All the following statements related to Benefit Cost Ratio (BCR) are correct Except:
Question3265: Understanding cultural key similarities and differences is especially important for...151
Question3266: Which of the following communication media is least accepted by organizations?
Question3267: You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following statements is true?
Question3268: You are managing an internationally dispersed project team. The members of your team have different cultural backgrounds and primary languages, but all are educated and communicate skillfully in English. You should nevertheless bear in mind that...
Question3269: Your current project has over 200 specs, 350 engineering drawings and 5500 parts. What tool do you use to apply technical and administrative direction to identify the functional and physical characteristics of items, and control changes to those characteristics?
Question3270: The budgeted cost of the work performed (BCWP) for a task that has just been completed can be calculated by:
Question3271: All of the following statements are true regarding the critical path method EXCEPT:
Question3272: Which of the following impacts the critical path?
Question3273: Which of the following are NOT outputs of the Activity Duration Estimation process?
Question3274: You are the project manager at a large accounting firm in the United States. Throughout the year your firm provides both consulting services and accounting/ auditing services to
XYZ Widgets, Inc, a publicly traded company listed on the New York Stock Exchange. Currently, your project involves auditing the financial statements of XYZ Widgets Inc, in preparation for the annual shareholders/ investors meeting. While your team is in the midst of project execution, you are informed that your project is due to new SEC regulations. Specifically, a new SEC regulation prohibits accounting firms from providing both consulting services and auditing services to a client, due to potential conflicts of interest that could arise from such business relationships. Hence your project is cancelled and your project team consisting of accountants and auditors are taken off your project and reassigned to another project. Which of the following type of project ending is this considered?
Question3275: Which of the following statements about the cost of quality are true?
Question3276: The scope baseline consists of:
Question3277: Which of the following techniques may NOT be used to a project to resolve conflicts?
Question3278: Which of the following is not a characteristic of the Project Life Cycle?
Question3279: Herzberg identified factors which, if present, will lead to increased motivation. A typical factor would be:
Question3280: A project manager is faced with two team members who have conflicting opinions. One team member explains her side of the conflict, and presents a possible solution. But before the other team member starts to explain his side of things, the project manager says, "I've heard enough, and I've decided to go with the solution I've heard." This is an example of:
Question3281: _____________ includes the process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
Question3282: Which of the following statements are FALSE?
Question3283: You are the project manager for a railroad construction project. Your sponsor has asked you for a forecast for the cost of project completion. The project has a total budget of $80,000 and CPI of .95. The project has spent $25,000 of its budget so far. How much more money do you plan to spend on the project?
Question3284: You are managing a construction project using a fixed price (FP) contract. The contract is structured so that your company will be paid a fee of $85,000 to complete the work. There was a $15,000 overhead cost that your company had to cover. It's now three months into the project, and your costs have just exceeded $70,000. The project has now consumed the entire fee, and your company will now be forced to pay for all costs on the project from this point forward. What's the BEST way to describe this situation?
Question3285: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company's I.T. infrastructure is unable to meet the growing demands.
To keep up with the demands you have been assigned the responsibility of upgrading the company's network and company's infrastructure. You have been asked to calculate the payback period for the project that is to be completed in the next 24 months. The IRR of the project is 12% and the annual savings will be $2million. The total cost of project will be $6million dollars. The cost of capital used by the company during previous projects is 5%. What is the payback period for this project?
Question3286: You are in the process of reviewing all change requests and controlling changes to deliverables and organizational process asset. All of the following are inputs you need EXCEPT:
Question3287: Which of the following knowledge areas are part of Project Closure?
Question3288: CIP is:
Question3289: You're managing an industrial design project. Your project is currently in the Initiating phase. The project charter has been created, and you are working on developing the preliminary scope statement. Which of the following is NOT something that you should do?
Question3290: The standard types of communication include all but
Question3291: As a project manager you can assign any one of two team members to a highly coveted task. Both are equally capable, but one of them is a member of your in-group. To the other one, you have far more distance.
How should you behave?
Question3292: Which of the following would be the MOST appropriate thing to do during the planning process group?
Question3293: You are in the process of numerically analyzing the effects of identified risks. Which of the following are not tool/ techniques you can use in this process?
Question3294: Which statement describing attributes of the Project Manager is incorrect?
Question3295: There are 17 people on a project. How many lines of communication are there?
Question3296: With respects to the cost of quality, which of the following individuals was responsible for developing the "zero-defects" approach?
Question3297: Which task is most over budget?
Question3298: Earned value is:
Question3299: Which of the following statements are FALSE?
Question3300: Which of the following establishes minimum requirements of performance for one or more evaluation criteria when selecting a prospective seller?
Question3301: Which of the following process is involved in developing an approximation of the costs of the resources needed to complete project activities?
Question3302: All of the statements regarding control accounts and planning packages are true EXCEPT:
Question3303: Which of the following are inputs to the Source Selection Process?
Question3304: Response Planning is the responsibility of the functional areas and considers
Question3305: Which statement is FALSE about project manager?
Question3306: Which of the following is considered during the Procurement Planning Process?
Question3307: Which of the following processes utilize rolling wave planning as a tool/technique?
Question3308: Cost management includes:
Question3309: When all members must unanimously agree before a decision is reached
Question3310: You know that BAC = 500, PV = 325, ACC = 275, and EVC = 250 and that you are experiencing typical variances. What is ETC?
Question3311: Receipt of bids or proposals and application of the evaluation criteria to select a provider should be done as part of:
Question3312: Which of the following statements about fast-tracking is TRUE?
Question3313: You have been promoted to Manager, Continuous Process Improvement. Your new position:
Question3314: A project manager for a small construction company has a project that was budgeted for US $130,000 over a six-week period. According to her schedule, the project should have cost US $60,000 to date. However, it has cost US $90,000 to date. The project is also behind schedule, because the original estimates were not accurate. Who has the PRIMARY responsibility to solve this problem?
Question3315: Your client informs that his company has a problem with the current design specs of your product and how it will interface with the existing systems. If this occurs, it could be a major problem for your project. The client is coming to your office in one week to discuss the problem and to see what your team can do to overcome this setback. All previous meetings were informal with this client, but now he wants a formal meeting. What should you do to prepare for this meeting?
Question3316: The scope of a project can be expected to change if:
Question3317: What is not a reason for companies to organize Lessons learned?
Question3318: A project manager has just been assigned to a new project and has been given the approved project charter. The FIRST thing the project manager must do is:
Question3319: Overall change control requires all of the following except:
Question3320: Deflection or transfer of a risk to another party is part of which of the following risk response categories?
Question3321: The technique most commonly used to determine the profitability of a project includes _____ methods.
Question3322: Which describe BEST for the stakeholders?
Question3323: You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
You've determined the following information so far: Activity X has an early start of day3, early finish of day6, and a late finish of day10. Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 0.8 and the SPI is 1.2. Based on the information above, which of the following areas should cause the MOST concern?
Question3324: Reserve Analysis technique NOT used during __________.
Question3325: Management Contingency Reserve is identified in which process:
Question3326: A deficiency in characteristics that render the quality of the material/service unacceptable is usually referred to as:
Question3327: As a leader, how should you deem Ethical conduct?
Question3328: The critical path is calculated by
Question3329: _____ is a narrative description of the work to be accomplished or resource to be supplied.
Question3330: Which enterprise environmental factor defines how work is assigned to people?
Question3331: As part of your project plan you must develop an effective method of communication for your multinational team of stakeholders. You have several choices of media available. The appropriate action to take in the development of the communication plans would be to:
Question3332: What are the inputs to the Develop Project Charter process?
Question3333: You're managing a project that is currently executing. You're evaluating the work being performed by constantly measuring the project performance, and recommending changes, repairs and corrections where necessary. What process are you performing?
Question3334: When a project is being performed under contract, the SOW is provided by which of the following?
Question3335: Which of the following represents a consequence to the project in the event of a resource being added to the project team during execution?
Question3336: Which of the following BEST describes the records management system?
Question3337: According to PMI, application areas are categories of projects that have been common elements in the majority of projects, but are not necessarily required or applicable to all projects. Application areas are not usually defined in terms of:
Question3338: The estimated cost to complete (ETC) is _____.
Question3339: At the close of your project, you measure the customer satisfaction and find that some customer needs were not fully met. Your supervisor asks you what steps you took on your project to improve customer satisfaction.
Which subsidiary plan would you consult to determine this information?
Question3340: By using Project Risk Management techniques, project managers can develop strategies that do all but which of the following:
Question3341: Your project terminated early due to budget cuts. You' like to document the current level and completion of your project, even though your project terminated prematurely. In which of the following processes would you document the level of work completed for your project?
Question3342: A complex project will fit best in what type of organization?
Question3343: Post mortem Earned value analysis of a project which is going to be closed showed the following data: SPI: 0.72 CPI: 1.00
What is this telling you?
Question3344: A project manager is asked to select a contract type for a new software development project that has complete, detailed requirements. Which is the BEST contract to choose?
Question3345: Which of the following is the BEST thing to do at a bidder conference?
Question3346: You are the project manager responsible for constructing new 100-unit apartment in downtown Manhattan. As part of construction project, you are planning to outsource a particular deliverable of your project. You have created a document that described the product and services required in detail and have included the necessary reporting requirements. Which of the following BEAST describes the document you have just prepared?
Question3347: You are considering whether to buy or make a software product. If you buy, the cost is $ 80,000 and the cost of procurement and integrating in your company is $ 1000 If you want to build yourself, the product will require 7 software engineers working 3 months. Salary of each software engineer is $ 4,000 per month. The overhead costs apportioned to the project will be $ 2,000.Which option will you choose?
Question3348: You are taking over a project from another project manger during the project planning process. You've identified that your project team has already created the WBS, developed estimates for work packages, and sequenced the project activities using the arrow diagramming method. In addition, your team has applied schedule network analysis techniques to create the project schedule. Which action should be performed NEXT?
Question3349: _______ is the most accurate Estimate Costs technique.
Question3350: Which of the following statements are true regarding the procurement management plan?
Question3351: You are a project manager for Giraffe Enterprises. You've recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he didn't create a project charter or a preliminary scope statement. You are ready to elaborate the deliverables and requirements of the project and know that you can use one of the following in place of the charter or preliminary scope statement. Which one can you use?
Question3352: Processes of configuration management commonly include all of the following except
Question3353: A project manager who allows the team to make the majority of the decisions is demonstrating a(n) ____ leadership style.
Question3354: Which of the following best describes the following organizational structure? Exhibit:
Question3355: You are in the process of directing the performance of planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following are outputs of this process EXCEPT:
Question3356: An element in the WBS was estimated to require 1 month for completion with 1000 hours of labor and a burdened cost of $50K. The task was completed in 1000 hours but a burdened cost of $60K. The most likely reason for the increase would be:
Question3357: Which of the following statements are FALSE regarding proposal Evaluation Techniques?
Question3358: Quality audits when preformed correctly will provide the following benefit(s)
Question3359: The cost baseline is an output of what process?
Question3360: Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. To determine the characteristics and features of the new product line, you will have to perform which of the following?
Question3361: Which of the following helps a project manager determine possible causes of problems on a project?
Question3362: Maintenance should:
Question3363: All of the following statements are TRUE regarding ground rules EXCEPT:
Question3364: You are the project manager of a company that is building ATM software for a large bank and financial institutions. You have been told that the ATM software must meet very stringent quality standards. Including rigorous auditing of all transactions, ability to recover in case
of software/ hardware errors, and fraud detection and analysis. In order to ensure that these quality standards are met, you've invested heavily in proper training of your project staff, instrumented numerous design review and rigorous performed quality planning. Which of the following best describes the cost associated with you project?
Question3365: When the project team directs staff assignments, what is not considered in the selection of a staff?
Question3366: Which of the following tools/ techniques of the quality planning process compares previous similar activities from a prior project to the current project activities to develop performance measurement standards?
Question3367: All of the following statements are true regarding proposals EXCEPT:
Question3368: Who has the cost risk in a fixed price (FP) contract?
Question3369: The actual configuration of a PERT/CPM network _____ the amount of resources that can be devoted to the project.
Question3370: Job descriptions are examples of ______communications.
Question3371: A parametric modeling technique will be accurate in predicting project costs in all the following conditions EXCEPT:
Question3372: _____ is a formal invitation containing a scope of work which seeks a formal response (proposal) describing both methodology and compensation to form the basis of a contract.
Question3373: You are going to take over a new project as the project manager in an enterprise, which is still unknown to you. What should you investigate during the chartering process?
Question3374: Which of the following would LEAST likely to be found as part of a contract?
Question3375: The VP of customer service has expressed concern over a project in which you're involved. His specific concern is that if the project is implemented as planned, he'll have to purchase additional equipment to staff his customer service center. The cost is substantial and was not taken into consideration in the project budget. The project sponsor insists that the project must go forward as originally planned or the customer will suffer. Which of the following is true?
Question3376: Which of the following statements are false regarding project risk management?
Question3377: Risk monitoring and control process involves all of the following except:
Question3378: A(n) _____ is defined as a specified accomplishment in a particular instant in time which does not consume time or resources.
Question3379: The risk management plan is a subset of the project management plan and describes how risk management should be performed. All of the following should be included in the risk management plan EXCEPT:
Question3380: Which of the following establishes the formal documentation as to why the project was terminated and formalizes the procedures for transferring the unfinished delivers of the cancelled project?
Question3381: You are project manager responsible for constructing a new sports arena for the upcoming Olympics. Construction began on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You've obtained the following measurements:
BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5
Based on the measurements above, which of the following statements are TRUE?
Question3382: Who is responsible to provide project templates, methodologies for managing project within organization?
Question3383: You are in process of numerically analyzing the effects of identified risks. Which of the following are NOT tools/ techniques you can use in the process?
Question3384: Final risk quantification considers total risk impacts and _____ .
Question3385: Which of the following is a "hygiene factor" under Herzberg's Motivation-Hygiene Theory?
Question3386: Which of the following tools can be used to help to analyze how quality problems occur, and depict that how the various components of system interrelate?
Question3387: You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of
futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company's I.T. infrastructure is unable to meet the growing demands.
To keep up with the demands you have been assigned the responsibility of upgrading the company's network and company's infrastructure. You have been asked to calculate the payback period for the project that is to be completed in the next 24 months.
Question3388: Sally is a project manager working on a project that will require a specially engineered machine. Only three manufacturers can make the machine to the specifications Sally needs. The price of this machine is particularly critical to this project. The budget is limited, and there's no chance of securing additional funds if the bids for the machine come in higher than budgeted. She's developing the evaluation criteria for the bidders' responses and knows all of the following are true except for which one?
Question3389: You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Arizona or Nevada. You have derived the following information:
Project Arizona: The payback period is 18 months, and the NPV is <250>.
Project Nevada: The payback period is 24 months, and the NPV is 300.
Which project would you recommend to the selection committee?
Question3390: You work as a senior project manager for a leading manufacturer of tennis racquets. Management wants to explore new markets and new products to boost revenue and profits. You are leading a team to identify potential products. Because of your background in exercise science you have you recommended developing a new type of tennis ball. But when you submitted the idea for review, executive management informed you that this product would not fit the organization's core competences. You need to go back to the drawing board ad recommend other products using management's guidelines as:
Question3391: The majority of product defects could be prevented in most processes if manufactures
would do the following:
Question3392: The cost of choosing one project and giving up another project is called:
Question3393: Which of the following networking methods allows us to show that the last 10% of one element cannot be completed until 62% of a previous element has been completed?
Question3394: Define and sequence following different stages of the Team Development:
Question3395: Which of the following is an estimating technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters such as duration and cost?
Question3396: You are in the process of obtaining the necessary human resource to complete the project. Which of the following are not the outputs of this process?
Question3397: Which of the following best describes why one would use a resource histogram versus a responsibility assignment matrix?
Question3398: During Human resource planning you identified that your team members are not sufficiently qualified for their tasks. Which may be an appropriate solution to this problem?
Question3399: The cost of quality often refers to cost to produce a product or service according to specific quality standards. Which of the following is not cost associated with the cost quality?
Question3400: In the phase sequence defined by project life cycles, a phase is not begun until all deliverables are approved from the preceding phase.
Question3401: The act of conducting or supervising the exchange of information is:
Question3402: Communication is the key to the success of a project. As the project manager, you have four stakeholders with whom you need to communicate. As such, you have six channels of communication. A new stakeholder has been added that you also need to communicate with. How many communication channels do you have now?
Question3403: Theory Y managers believe which of the following?
Question3404: All of the following statements are true except:
Question3405: Which of the following are outputs of the Scope Change Control Process?
Question3406: Who should contribute to the development of the project plan?
Question3407: What is the primary purpose of a milestone chart?
Question3408: Which involves estimating the cost of individual work items:
Question3409: What are the performance measurements for the Schedule Control process?
Question3410: One way contract closure differs from administrative closure is:
Question3411: You have been hired by a contractor, who wants you to manage a construction project
for one of their clients. The project team has been working for two months, and is 35% done with the job. Two of your team members come to you with a conflict about how to handle the ongoing maintenance for a piece of equipment. You know that they can safely ignore the problem for a while, and you're concerned that if your project falls behind schedule before next week's stakeholder meeting, it will cause problems in the future. You tell the two team members that the problem really isn't as bad as they think it is, and if they take a few days to cool off about it you'll help them with a solution. This approach to conflict resolution is known as:
Question3412: According to the PMI, which of the following are NOT true with regards to programs and projects?
Question3413: Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, two of which will be introduced together and a third one that will follow within two years. Product number three will be elaborated in more detail closer to the product's release date, while the first two products will be elaborated in great detail now. The scope management plan has just been completed. Which of the following is true? (Choose the best response.)
Question3414: A network diagram that uses nodes to represent activities and arrows to show the activity dependencies and allows no loops is called:
Question3415: Life cycle costing:
Question3416: On any project, quality should usually be of _____?
Question3417: Management has decided to "crash" a project in order to avoid penalty payments for late deliveries. To crash the project, either overtime or additional resources should be assigned to:
Question3418: Which of the following statements are true regarding funding limit reconciliation?
Question3419: A contractor is working on a fixed price contract that calls for a single, lump sum payment upon satisfactory completion of the contract. About halfway through the contract, the contractor project manager informs their contract administrator that financial problems are making it difficult for them to pay their employees and subcontractors. The contractor asks for a partial payment for work accomplished. Which of the following actions by the buyer is most likely to cause problems for the project?
Question3420: Which of the following is not an input to quality planning?
Question3421: Over the life cycle of the project, the quality of information:
Question3422: Which of the following statements are true regarding the project human resource management process?
Question3423: Which of the following is a common characteristic of most project life cycle descriptions?
Question3424: Coordinating a schedule, organizational policies, staffing plans and historical information about risk is an example of:
Question3425: An example of a project is:
Question3426: When choosing the most appropriate form of project organization, the first step is to-
Question3427: Completion of the _____________ scope is measured against the plan.
Question3428: You have been hired by a contractor, who wants you to manage a construction project for one of their clients. The project team has been working for six weeks. You need to determine whether the team is ahead of or behind schedule. Which of the following tools and techniques is the BEST one for you to consult?
Question3429: You are currently the project manager for a software development project, developing a next generation data-mining tool. Your team is developing a new software product that will help customers better manage large volumes of data, especially for data reporting purposes. Midway, through the project, your engineer decide to add additional reporting functionality to better analyze correlate data. Although this functionality was NOT part of the original project plan, this feature seems like it could be a useful feature for the customer. This is an example of which of the following?
Question3430: You are managing a project in a foreign country, where you realize that you will have to pay a fee to some government agencies to get your work done. You should:
Question3431: Which is not part of Performance Measurements?
Question3432: All of the following are outputs of the scope definition process EXCEPT:
Question3433: Quality is:
Question3434: You are the project manager at a software company developing the next-gen OODBMS (Object Oriented Data Base Management System).
You are in the process of developing project schedule using CPM (Critical Path Method).
One of the disadvantages of CPM is that it does NOT consider resource availability. In fact, you've quickly identified that one of your key engineers, Michael, is over allocated. Which of the following statements are true?
Question3435: During a post-mortem meeting, discussions come up who has to take responsibility for some major failures. It has become obvious that the attendees of the meeting will not come to a jointly accepted conclusion.
What is not an appropriate strategy for such a situation?
Question3436: Consider the following situation: The customer was given a monthly report that indicates zero schedule variance. One of the teams members are aware of at least one milestone that has not been achieved. This missed milestone will result in an overall delay in the project.
Which of the following items were not reported on adequately?
Question3437: What would be the cost performance index if BCWP =350, ACWP = 400, and BCWS = 325?
Note: Budgeted Cost of Work Performed (BCWP), Actual Cost of Work Performed (ACWP) and Budget Cost of Work Schedule (BCWS)
Question3438: Which of the following statements are FALSE regarding Monte Carlo analysis?
Question3439: Making need information available to project stakeholders in a timely manner is called:
Question3440: You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300, AC = 200, and EV = 250. What do you know about this project?
Question3441: Suppose your company has acquired a high end server three years ago for $100,000. The server's current book value is $20,000. The $20,000 book value sis best considered a:
Question3442: Your hardware vendor left you a voicemail saying that a snowstorm in the Midwest will prevent your equipment from arriving on time. You identified a risk response strategy for this risk and have arranged for a local company to lease you the needed equipment until yours arrives. This is an example of which risk response strategy?
Question3443: Which of the following is the distinguishing characteristic between the network diagram and the Gantt chart?
Question3444: A Project with a total funding of $70,000 finished with a BAC value of $60,000.
What term can best describe the difference of $10,000?
Question3445: Providing information to stakeholders to inform them how resources are being used to achieve project objectives is done as part of :
Question3446: Weighting systems, screening systems, and independent estimates are tools of which process?
Question3447: A team member notifies the project manager that the activities comprising a work package are no longer appropriate. It would be BEST for the project manager to be in what part of the project management process?
Question3448: Physical Work Actually accomplished is also called
Question3449: Executing the risk response plan in order to react to risk events throughout the project is called:
Question3450: Which of the following is NOT one of the most common sources of project conflict?
Question3451: You must produce 27 widgets. You can only produce 9 widgets per production run. Each production line setup costs $1000. Each widget consumes $10 worth of material and $5 worth of labor. What is the total fixed cost for producing the widgets.
Question3452: Which of the following statements are true regarding the Risk Breakdown Structure?
Question3453: Which of the following consists of tools and techniques used to gather, integrate, and disseminate the outputs of the project management processes?
Question3454: You are the project manager at the Historie Shoppe, a rapidly growing retail book store selling hard-to-find books and periodicals. Currently your company is planning on opening additional stores throughout the United States. Your primary market includes densely populated, major metropolitan cities. Your company is deciding among New York and Los Angles. Based on the following data which project should be recommended using the discounted cash flow technique?
Projected New York-Make $100,000 in 2 years
Projected Los Angles-Make $110,000 in 3 years
Assume that the cost of capital is 12%
Question3455: Which of the following are true regarding statistical perform quality control?
Question3456: You have been asked to select between three projects. Project A has a net present value of $54,750 and will take six months to complete. Project B has a net present value of $85,100 and will take two years to complete. Project C has a net present value of $15,000 and a benefit-cost ratio of 5:2. Which project should you choose?
Question3457: Your project exceeded costs in the past caused by an underestimation of resource costs in the cost baseline:
PV: $1,200,000, EV: $1,000,000, AC: $1,200,000
You expect the underestimation to influence the future as much as it did in the past.
If the BTC (Budget to complete) is at $1,000,000, what should be your new EAC (Estimate at Completion)?
Question3458: A contractor estimates that a project has a 0.5 probability of $200,000 profit and 0.3 probability of $50,000 loss. The expected monetary value of this project is:
Question3459: Please refer to this Decision Tree which shows the analysis of profit/loss for the two alternatives (i.e. to build or buy).
What is the opportunity cost if the project manager decides to build instead of buy
Question3460: Which task is ahead of schedule and under cost?
Question3461: Name the ethical code you'll be required to adhere to as a PMP.
Question3462: The process to change a contract clause is __________ the project change control system.
Question3463: You've been hired by a large consulting firm to lead an accounting project. You determine the needs of the project and divide the work up into work packages so that you can show how all of it fits into categories. What are you creating?
Question3464: What is the term that is used when referring to the adjustment of task schedules in order to deploy human resource more effectively?
Question3465: Which of the following theories are illustrated by the principle: "Employees who believe that their efforts will lead to effective performance and who anticipate important rewards for their accomplishments become productive stay productive."
Question3466: Which of the following statements are true regarding the communication process?
Question3467: What is true for Statistical sampling?
Question3468: Project report, project record, and project presentation are outputs of which of the following process?
Question3469: Which of the following are true regarding project risk management?
Question3470: The independence of two events in which the occurrence of one is not related to the occurrence of the other is called:
Question3471: The project manager, when communicating with an action-oriented person should-
Question3472: The main player in project communication is the
Question3473: You are in the process of estimating the number of work periods that will be needed to complete individual schedule activities. All of the following are valuable inputs to this process EXCEPT:
Question3474: Which of the following best characterizes Six Sigma?
Question3475: Those areas that a project manager considers to be true, real or certain are called:
Question3476: During your project meeting, a problem was discussed, and a resolution to the problem was reached. During the meeting, the participants started wondering why they thought the problem was such a big issue. Sometime after the meeting, you received an email from one of the meeting participants saying they've changed their mind about the solution reached in the meeting and need to resurface the problem. The solution reached during the initial project meeting is a result of which of the following conflict resolution techniques?
Question3477: Which of the following does NOT assess the value a project brings to an organization?
Question3478: Which of the following is NOT an input of the Contract Administration process?
Question3479: A significant difference between independent estimates and proposed pricing could mean that:
Question3480: Management By Objectives assumes that the team:
Question3481: You've been hired as a project manager for a local community college. The community college wants you upgrade the hardware for each of its web servers, and install the necessary security patches for each webserver. You are ready to begin the activity resource estimation process
for your project. Which of the following would you NOT consider when developing the activity resource requirements document?
Question3482: Free float is the amount of time that an activity may be delayed with out affecting the _____.
Question3483: One of your friends is project manager in Telecommunication Company. She is currently managing a project developing a voice over IP. The gateway offers a comprehensive approach to implementing high density, carrier class voice over packet gateway applications. She is in the process of developing the project schedule, and has determined that the project has 44 critical paths. Which of the following best describe how the project will be impacted?
Question3484: Which f the following processes involves determining and documenting which risks are likely to affect the project?
Question3485: Create Procurement document is done in _______.
Question3486: Which of the following process groups are in loop back relationship with the other, where each process group serves as inputs to the other?
Question3487: You are the project manager at a manufacturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years, the Internet has transformed the competitive landscape. As a result company's market share has been eroding. Hence, your current project involves implementing the company's internet strategies to best exploit these altered dynamics and increase the company's market share. You are in the project planning process, and are personally estimating the time needed for each activity. Once you've created the overall project estimate. You commit to completing the project deliverables to this date. Which of the following BEST explains why this is the INCORRECT way to estimate the schedule?
Question3488: All of the following statements regarding Control Accounts are true EXCEPT:
Question3489: Taking the following table into account, where would corrective action be MOST effective when you make use of Pareto's Rule?
Origin of Problem Percent of Problems
Design 60 Development 15 Prototype 10 Testing 10 Fabrication 5
Question3490: A scope change control system
Question3491: What is the meaning of the acronym CSOW?
Question3492: Which of the following statement are FALSE regarding the probability impact matrix technique?
Question3493: You have a choice of accepting a fixed price contract for $115,000 with a liquidated damages clause or $100,000 without the clause. There is a 60% chance your cost will be $90,000 and 40% chance your cost will be $80,000. There is a 98% chance of meeting your schedule but the penalty if missed is $50,000. Which is the best contract choice and how much profit would you make?
Question3494: All of the statements regarding Planning Packages are true EXPECT:
Question3495: Risk Event Status is defined as _____ .
Question3496: A project manager disclosed some crucial information to a prospective seller. Which code of professional conduct did he violate?
Question3497: What is the purpose of the Project Plan?
Question3498: Which of the following is NOT a tool or technique of Qualitative Risk Analysis?
Question3499: A project Manager has to manage conflict in an organization. All the following could be sources of conflict in an organization except:
Question3500: The project stakeholders should be actively involved with the _____ phase(s) of the life cycle.
Question3501: As part of your project team's quality control procedures, you have decided to measure the length of time it takes for your team to respond to participants who have questions concerning a pilot version of your new product. Because you anticipate hundreds of inquiries, you may decide to use what approach to measure the results?
Question3502: The Critical Path Method of scheduling is:
Question3503: Before you begin the cost budgeting process for building a new school you should make sure your cost engineer has given you:
Question3504: Which of the following best describes what is a workaround?
Question3505: Which is a valid response to negative risks?
Question3506: Dave is the project manager for a construction project that is building a gazebo. When the project first started, he met with the stakeholders to define the scope. The sponsors mentioned that the gazebo is a really important part of their daughter's wedding ceremony that was planned for 7 months from then. In fact, they said that if the gazebo couldn't be completed in 7 months, it wouldn't be worth it for them to even start the project. Dave wrote down the 7-month deadline to put in his Project Scope Statement. In which section of the document did the deadline appear?