PMP® Practice Quiz

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

PMP® Practice Quiz - 28

Which of the following is NOT part of a typical change control system? *

1 point

Approval.

Change control board.

Project management information system.

Stakeholder analysis.

Which of the following would be the MOST appropriate thing to do during the planning process group? *

1 point

Review industry standards relevant to your project.

Develop closing procedure.

Look for positive and negative interactions from and to other projects that could affect your project.

Update the communications management plan based on late deliverables.

A project manager has a problem with a team member's performance. What is the BEST form of communication for addressing this problem? *

1 point

Formal written communication

Formal verbal communication

Informal written communication

Informal verbal communication

Senior management is complaining that they are not able to easily determine the status of ongoing projects in the organization. Which of the following types of reports would help provide summary information to senior management? *

1 point

Detailed cost estimates

Project management plans

Bar charts

Milestone reports

A flow chart is a diagram, which shows how various elements of a system relate and includes tools like "cause and effect diagrams" and "flowcharting." As a project manager, you find "cause and effect diagrams" a useful tool for: *

1 point

Showing the relationship between two variables.

Identifying which factors may influence specific variables of a product or process under development or in production.

Determining whether or not a process is stable or has predictable performance.

Illustrating how various factors might be linked to potential problems or effects.

All the following statements about the activity list produced as an output from Define Activities process are true EXCEPT: *

1 point

The activity list must include all activities that will be performed on the project.

The activity list should include descriptions of major activities in sufficient detail.

The activity list should include activity duration estimates and scope of work description for each activity.

The activity list is obtained through decomposition of work packages.

You are a project manager on a US $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggest that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes what this type of input is called? *

1 point

Mandatory dependency

Discretionary dependency

External dependency

Heuristic

You are a project manager on a software project. When you planned the project, your Enterprise Environmental Factors included a policy that all changes that cost over 2% of the budget need to be approved by the CFO, but smaller changes could be paid for by a management contingency fund. One of your stakeholders submitted a change request that requires a 3% increase in the budget. Your company has an outsourcing effort, and you believe that a small change to the way that the change is requested could allow you to take advantage of it and cut your costs in half. What is the BEST way to handle this situation? *

1 point

Work with the stakeholder to figure out how to reduce the cost of the change by a third.

Request approval from the CFO.

Refuse the change because it is over 2% of the budget.

Document the change request, since all changes must be documented.

After the contract has been signed for the upgrade of 8,000 workstations, a project manager is assigned. The procurement manager is relatively new and has less project-related knowledge than the project manager. The cost analyst works from home, and his price estimates are based on the details outlined in the contract. The project manager thinks there was a flaw in the logic determining the number of workstations that can be upgraded via remote electronic software distribution. Which of the following is the BEST thing for the project manager to do? *

1 point

Determine if the contingency budget will cover the additional cost of a more expensive visit.

Meet with the cost analyst and the procurement manager to determine how they can amend the contract to accurately reflect the work that will have to be done.

Meet with the appropriate project team members to choose the best solution.

Meet with the vendor to adjust the contract for the change.

You are working in the Project Management Office (PMO) of your organization. Your job responsibility is to: *

1 point

Manage the operational activities in the company.

Manage human resource and risk management issues for individual projects.

Provide support functions to project managers in the form of training, providing software, standardizing policies, etc.

Provide subject matter expertise in the functional areas of the project.

A project manager has access to a tremendous amount of historical information on a project and charts it over time. Which of the following is the project manager MOST likely to use? *

1 point

Benchmarking

Trend analysis

Variance analysis

Decision trees

All of the following are inputs to the procurement process EXCEPT: *

1 point

Project scope statement.

Market conditions.

Product description.

Procurement statement of work.

A company asks one of the project managers to lead a project to create a substantially improved version of one of the company's best-selling products. The project manager is given total freedom of decision and resources, including whether to utilize contractor services and/or the company's resource pool. Under these circumstances, which of the following would be the BEST way for the project manager to build the team? *

1 point

She should choose her team from the top developers and fabrication workers in the company.

She should create a team of company line workers and contract the development services under a cost reimbursable contract with provisions to protect confidentiality.

She should contract the entire team utilizing a cost plus incentive fee type of contract.

She should contract selected team members on an ad hoc and as needed basis utilizing a time and material contract.

What is the main output of the Scope Definition process? *

1 point

Preliminary Scope Statement.

Scope Definition.

Scope Dictionary.

Project Scope Statement.

All the following statements about "Quality" and "Grade" are true EXCEPT: *

1 point

Grade is a rank given to entities having the same functional use but different technical characteristics.

Low quality product may be of high grade.

Low grade product may be of high quality.

It is a problem if the product is of high quality and low grade.

Which of the following BEST describes the relationship between standard deviation and risk? *

1 point

Nothing

Standard deviation tells you if the estimate is accurate.

Standard deviation tells you how unsure the estimate is.

Standard deviation tells you if the estimate includes a pad.

Identifying alternative approaches is part of what part of the scope management process? *

1 point

Initiating

Scope planning

Scope definition

Scope verification

When you estimate costs for your project, you should also closely coordinate that with: *

1 point

Define Activities.

Estimate Activity Durations.

Estimate Activity Resources.

Sequence Activities.

What is the duration of a milestone? *

1 point

Shorter than the duration of the longest activity

Shorter than the activity it represents

There is no duration

Same length as the activity it represents

Which of the following BEST describes the records management system? *

1 point

A system to store contracts and project records for future project managers to reference.

A library that stores the lessons learned for past projects.

A filing system to store paid invoices.

A system to store human resource records, salary information and work performance history.

You are working as a portfolio manager. You are responsible for managing which of the following? *

1 point

Project interdependencies.

Projects and programs.

Projects, programs, and operations.

Functional work and operations.

The following provides information on a particular task in your project: Early Start(ES): 25 days; Late Start(LS): 30 days; Early Finish(EF): 50 days; Late Finish(LF): 55 days. Based on this information, you can deduce that: *

1 point

The task is on the critical path.

The project may get delayed.

The project float is 5 days.

The task is not on the critical path.

You are the manager of a project, which aims to start 15 more schools in your state. You have to deal with several non-government organizations, state agencies, sponsors, and other stakeholders. There are conflicts between stakeholders. In this context, you should know that maximum intensity of conflicts happens due to: *

1 point

Personality conflict, cost, and administration.

Risk management, status meetings, and Define Scope.

Schedules, priorities, and manpower.

Administration, technical issues, and procedures.

In your project, you have created a list of identified risks and potential responses. You should document this information in: *

1 point

Risk management plan.

Risk database.

Project plan.

Risk register.

In your project, you are entering into a fixed-price contract in the form of a purchase order. The contract is for a specified item to be delivered by a specific date for a specified price. In the contract, the profit is: *

1 point

Determined by the buyer during contract sign-off.

Determined by the seller during contract sign-off.

Provided by the buyer to the seller at the end of the project if defined performance criteria are met.

Not known at the time of the contract sign-off.

The sponsor wants the project to begin, but needs to be sure the appropriate amount of funding is available. The project manager wants to create the project estimate herself. Which of the following is the BEST rationale the project manager can use to convince the sponsor to allow her to prepare the project estimate? *

1 point

Such estimating provides a basis for monitoring and controlling.

Such estimating gives the project manager an understanding of the sponsor's expectations.

Such estimating will include hidden costs.

A project estimate does not require the identification of work packages.

There have been numerous changes on your project. All approved changes are BEST reflected in the: *

1 point

Performance measurement variance.

Verify Scope process.

Change control procedures.

Project management plan.

The difference between the cost baseline and the cost budget can be BEST described as: *

1 point

The management reserve.

The contingency reserve.

The project cost estimate.

The cost account.

You are a project manager for a new product development project that has four levels in the work breakdown structure. The network diagram has been created, the duration estimates have been compressed, and a schedule has been developed. What time management activity should you do NEXT? *

1 point

Control Schedule.

Estimate Activity Resources.

Analogously estimate the schedule.

Gain approval.

A project manager is putting her project control system in place. After a few meetings with others, she realizes that there are few effective measures of progress that can be used on the project. If you were to advise her, what would be the BEST thing the project manager can plan to do to control the project? *

1 point

Emphasize the creation of milestones.

Add more people to the project team to help control it.

Have meetings every week versus every month.

Break the project into phases.

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? *

1 point

Since you do want to get the project done quickly, you side with Bill.

Side with Alfredo. It could end up taking longer in the end.

Call a meeting to hear both sides of the situation and decide in favor of the solution that is best supported by objective evidence.

Call a meeting in private with Bill to hear more about his position.

The project manager has completed the Plan Risk Responses process, and has identified risk management strategies with the team. The team's manager has asked for the amount of risk reserves needed for the project. What is the FIRST thing the project manager should do? *

1 point

Create the risk reserves.

Prioritize the list of risks.

Create the overall risk rating for the project.

Determine secondary risks.

Your assistant project manager does the monthly earned value management (EVM) analysis, but falls ill before completing it. She has provided you with the following information: cost performance index (CPI) = 1.10, actual cost (AC) = US $800 million, planned value (PV) = US $890 million. How is the project going? *

1 point

The schedule is behind by 10 days.

Both the schedule and the budget are better than planned.

There is enough money to support an offsite team outing.

You have no real concerns about either schedule or budget.

You're working on a project that has an EV of $7362 and a PV (BCWS) of $8232. What's your SV? *

1 point

–$870

$870

0.89

Not enough information to tell.

According to the project plan, a contractor is scheduled to deliver some software components today afternoon. A regular payment is due to be made to this contractor tomorrow. You and your project team received a note this morning informing you that the software delivery will be delayed by 2 weeks. What should you do right now? *

1 point

You should delay the payment also for 2 weeks.

You must immediately find a different contractor.

You should conduct a meeting with the contractor to resolve the delivery issues before making the payment.

You should make the payment and reschedule the project plan.

After quality planning, you have created a component-specific tool to verify that the required steps have been performed to test your product. This can also be referred to as: *

1 point

Checklist.

Operational definition.

Quality management plan.

Design of experiments (DOE).

Which of the following is an example of a tool used in Plan Quality? *

1 point

Fishbone diagram

Quality audit

Cause and effect diagram

Benchmarking

Which of the following risk events is MOST likely to interfere with attaining a project's schedule objective? *

1 point

Delays in obtaining required approvals

Substantial increases in the cost of purchased materials

Contract disputes that generate claims for increased payments

Slippage of the planned post-implementation review meeting

A project manager has just been assigned a team that comes from many countries, including Brazil, Japan, the US, and Britain. What is her BEST tool for success? *

1 point

The responsibility assignment matrix (RAM)

The teleconference

Team communication with the WBS

Communication and well-developed people skills

A project organizational chart shows resources and: *

1 point

WBS work packages.

Activity resource estimates.

Responsibilities.

Schedule.

You are a project manager on an international project of great importance to the client. The client is from another country and is so excited by how well the project is going that he presents you with a company automobile for your personal use. The BEST thing for you to do would be to: *

1 point

Thank him and offer a gift in exchange.

Politely turn down the gift.

Ask that the gift be exchanged for something that can be shared by the team.

Ask for a gift that can be used up before you return home.

During the Plan Risk Responses process, the team is discussing ways to deal with a risk. They have come up with the following options: a) outsource the work, b) provide more training to the team members, c) wait to see if the risk actually happens, d) ignore the risk and e) do the risky activity sooner in the project. Which of the following is a risk response strategy that was forgotten in the above situation? *

1 point

Remove the activity causing the risk from the project.

Purchase insurance to cover the anticipated cost.

Assign the activity to a more experienced person to handle.

Prototype the product.

You are purchasing a major component for a new product from the company that has the patent on the component. Under these circumstances, which of the following should be of LEAST concern? *

1 point

Making sure the color of the component is appropriate

The experience of the seller

The financial stability of the seller

The seller's procedures

About midway through the project, the project manager learns that most members of the project team are not reviewing the weekly project updates. What should the project manager do? *

1 point

Create a signature log so team members can indicate when they have read the project updates.

Revise the communications management plan appropriately to meet the informational needs of the stakeholders.

Improve the layout of the weekly project updates to encourage reading by team members.

Require the reading of the project updates in order to receive any rewards on the project.

Which tool or technique is used to analyze trends? *

1 point

Scatter chart.

Run chart.

Checklist.

Flow chart.

A project has had some problems, but now seems under control. In the last few months almost all the reserve has been used up and most of the negative impacts of events that had been predicted have occurred. There are only four activities left and two of them are on the critical path. Management now informs the project manager that it would be in the performing organization's best interest to finish the project two weeks earlier than scheduled in order to receive an additional profit. In response, the project manager sends out a request for proposal for some work that the team was going to do, in the hopes that another company might be able to do the work faster. The project manager can BEST be said to be attempting to work with: *

1 point

Reserve.

Opportunities.

Scope verification.

Threats.

A difference between the requirements is BEST resolved in favor of the: *

1 point

Sponsor.

Project manager's boss.

Stakeholder.

Customer.

You are using an RBS to manage your risk categories. What process are you performing? *

1 point

Plan Risk Management.

Identify Risks.

Perform Qualitative Risk Analysis.

Perform Quantitative Risk Analysis.

In your project, you establish clear expectations regarding acceptable behavior by project team members. You believe that early commitment to clear guidelines will decrease misunderstanding and increase productivity. These expectations and guidelines are also known as: *

1 point

Team-building activities.

Ground rules.

Interpersonal skills.

Rules of conduct.

You are approached by company A to produce certain software. During the middle of the project, a competitor of company A asks you to produce similar software. What should you do? *

1 point

Do not do the new project since it is a conflict of interest.

Do the project using some of the material created for company A.

Do the project with all new work.

Review the intellectual property clause for the first project to help determine the approach to take.

You are having a very difficult time keeping the project schedule on track. The project is 13 months long and requires 220 people to complete. You have just fixed all the project problems to your satisfaction, but the schedule performance index (SPI) is currently 0.67, the cost performance index (CPI) is 1.26, there are over 23 activities on the critical path and the project PERT duration is 26. In the monthly status report, you should report: *

1 point

That the project is doing well.

That the project will be late.

That the project cost is over budget.

The issues and options.

You're managing an interior decoration project, when you find out that you need to get it done earlier than originally planned. You decide to fast-track the project. This means: *

1 point

Starting the project sooner and working overtime.

Assigning more people to the tasks at a greater total cost, especially for activities on the critical path.

Starting activities earlier and overlapping them more, which will cost more and could add risks.

Shortening the durations of the activities and asking people to work overtime to accommodate that.

During the Conduct Procurements process, your objective is to obtain the best price possible. The tool that you will MOST heavily rely upon will be a(n): *

1 point

Weighting system.

Screening system.

Independent estimate.

Summary of past performance history.

Which of the following BEST describes risk audits? *

1 point

The project manager reviews each risk on the risk register with the team.

A senior manager audits your work and decides whether you're doing a good job.

An external auditor reviews the risk response strategies for each risk.

An external auditor reviews the project work to make sure the team isn't introducing new risk.

You have a project with four activities as follows. Activity 1 can start immediately and has an estimated duration of 1. Activity 2 can start after activity 1 is completed and has an estimated duration of 4. Activity 3 can start after activity 2 is completed and has an estimated duration of 5. Activity 4 has an estimated duration of 8. It can start after activity 1 is completed. Both activity 3 and activity 4 must be completed before the project is complete. What is the critical path of the project? *

1 point

Start, 1, 2, 3, End

Start, 1, 4, 3, End

Start, 1, 4, End

Start, 1, 2, 3, 4, End

A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process-related work and the project manager has little authority to properly assign resources. What form of organization must the project manager be working in? *

1 point

Functional

Matrix

Expediter

Coordinator

The project deadline is the end of the year. The project consists of two activities. Activity A has a duration of two months and activity B has a duration of three months. Activities A and B can be performed concurrently. The start date for the project is set for the beginning of July. What is the MAXIMUM duration of the project? *

1 point

Two months

Three months

Five months

Six months

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: *

1 point

Create a project scope statement.

Confirm that all the stakeholders have had input to the scope.

Analyze project risk.

Begin work on a project management plan.

Which of the following shows roles and responsibilities on your project? *

1 point

Bar chart.

Resource histogram.

RACI matrix.

Human Resource Management Plan.

In your project, you are creating documents which will be used to solicit proposals from prospective sellers. These can also be referred to as: *

1 point

Procurement management plan.

Procurement documents.

Contract.

Procurement statement of work.

Please refer to the diagram. Tasks A, B, C and D are in the critical path of a project; all the tasks are estimated to require similar effort of 5 days each and cost $5,000 per task. At the end day 11, Task A and Task B are complete; Task C is 50% complete, and $13,000 has already been spent. What is the cost performance index (CPI) for the project? *

1 point

0.96

1.04

1.2

While performing variance analysis for your project, you refer to your status reports which show the following information: Planned value = $ 100,000; Actual cost = $ 125,000; Earned value = $ 90,000; In this context, all the following statements are true EXCEPT: *

1 point

Schedule variance is - $ 10,000 and you are behind schedule.

Cost variance is - $ 35,000 and you are over-budget.

CPI is 0.5 and you are over-budget.

SPI is 0.9 and you are behind schedule.

A project manager is using a histogram to analyze defects found by the team during inspection activities. What process is being performed? *

1 point

Plan Quality.

Perform Quality Control.

Perform Quality Assurance.

Verify Scope.

You want to let your team know that the weekly project status report is now officially due by 4:00 pm on Thursdays. Which type of communication would you use? *

1 point

Formal written communication

Formal verbal communication

Informal written communication

Informal verbal communication

From a project management perspective, which of the following BEST describes quality attributes? *

1 point

They are the quality criteria that are to be met mandatorily..

They provide a basis for judging a project's success or failure..

They provide a basis for determining how effectively performing organization supports the project..

They are the specific characteristics for which a project's product is designed and tested..

You are finalizing the monthly project status report due now to your manager when you discover that several project team members are not reporting actual hours spent on project activities. This results in skewed project statistics. What is the MOST appropriate action to be taken? *

1 point

Discuss the impacts of these actions with team members.

Report the team members' actions to their functional managers.

Continue reporting information as presented to you.

Provide accurate and truthful representations in all project reports.

The engineering department has uncovered a problem with the cost accounting system and has asked the systems department to analyze what is wrong and fix the problem. You are a project manager working with the cost accounting programs on another project. Management has issued a change request to the change control board to add the new work to your project. Your existing project has a cost performance index (CPI) of 1.2 and a schedule performance index (SPI) of 1.3 so you have some room to add work without delaying your existing project or going over budget. However, you cannot see how the new work fits within the project charter for your existing project. After some analysis, you determine that the new work and existing work do not overlap and can be done concurrently. They also require different skill sets. Which of the following is the BEST thing to do? *

1 point

Develop Project Charter.

Reestimate the project schedule with input from the engineering department.

Verify the scope of the new work with the help of the stakeholders.

Identify specific changes to the existing work.

In your project, you have found that a deviation from the schedule baseline has occurred. You want to determine the reason and level of variance relative to the schedule baseline so that corrective action can be taken. Which of the following tools would you use for this purpose? *

1 point

Scheduling tool.

Performance reviews.

What-If Scenario analysis.

Variance analysis.

You are working as a research assistant studying the growth of bacteria under different environmental conditions. Based on your experiments, you conclude that the longevity of bacteria increases as the temperature increases. What type of diagram can you use to illustrate your observation? *

1 point

Control chart.

Run chart.

Scatter diagram.

Histogram.

Conflict resolution techniques that may be used on a project include confronting, smoothing, forcing, and: *

1 point

Withdrawing.

Directing.

Organizing.

Controlling.

Your company (buyer) has entered into a few contracts recently that have not been successfully implemented. Your sponsor calls for a meeting to determine what should be the overall goal while you negotiate contracts. In this context, what should be the most important objective of a contract? *

1 point

Protect the interests of the project.

Ensure that negotiation is conducted as per legal statutes.

Negotiate for the best price and protect interests of the buyer.

Objective could vary depending on the type of contract.

You are constructing a railway track, which will pass through a less populated area. All necessary government and regulatory approvals have been obtained for the project. You are aware that due to the motion of the train, there is a very low probability of houses in the vicinity developing cracks. In this context, you should: *

1 point

Stop the project.

Do nothing, since the probability of adverse consequences is minimal.

Inform the local people about the possibility of damage to their houses and preventive measures.

Teach people how to rebuild their houses with concrete.

During a project team meeting, a team member suggests an enhancement to the scope that is beyond the scope of the project charter. The project manager points out that the team needs to concentrate on completing all the work and only the work required. This is an example of: *

1 point

Change management process.

Scope management.

Quality analysis.

Scope decomposition.

A project has the following risks: 5 percent probability of an additional acceptance test resulting in a three week delay; 50 percent probability the next software release will not be ready by the due date resulting in an eight week delay; 30 percent probability an expert resource becomes available resulting in a four week decrease in activity C. What is the expected monetary value? *

1 point

20.65 days

29.05 days

77 days

84.23 days

You are the project manager of an educational company. You know that the technical writing team starts editing the project document 15 days after they start writing it. This waiting time can also be referred to as: *

1 point

Lead time.

Project float.

Constraint.

Lag.

A bar chart shows the number and type of resources you need throughout your project is called a _______________. *

1 point

Organizational Chart.

Resource Schedule.

Resource Histogram.

Staffing Timetable.

Please refer to this Decision Tree diagram 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? *

1 point

-$1,500

$3,500

$1,500

$5,000

Critical path method is an important tool for Develop Schedule. In this context, which of the following statements related to critical path method is not correct? *

1 point

Total float can affect the calculated early start and finish dates.

The flexibility of schedule is facilitated by activity total float.

Networks can have only one critical path.

Networks may have multiple near critical paths.

During a team meeting, a team member asks about the measurements that will be used on the project to judge performance. The team member feels that some of the measures related to activities assigned to him are not valid measurements. The project is BEST considered in what part of the project management process? *

1 point

Closing

Monitoring and controlling

Executing

Initiating

In your project, you have completed Identify Risks process to determine which risks may affect the project, and a risk register has been prepared. What should you do NEXT? *

1 point

Risk probability and impact assessment.

Avoiding, transferring or mitigating negative risks.

Exploiting, sharing or enhancing opportunities.

Risk audits.

The project team has just completed the initial project schedule and budget. The NEXT thing to do is: *

1 point

Identify Risks.

Begin iterations.

Determine communications requirements

Create a bar (Gantt) chart.

A Project charter is a document that… *

1 point

…describes both the project scope and the product scope at detail level.

…authorizes the project and the use of organizational resources to meet project requirements.

…breaks down the project scope over several steps to describe the project on work package level.

…describes all activities which are necessary to create the project deliverables.

In Close Procurements process, you are responsible to complete each project procurement to support the Close Project or Phase process. In this context, the final equitable settlement of all outstanding issues, claims, and disputes by negotiation is done through: *

1 point

Contract closure.

Procurement audits.

Claims documentations.

Negotiated settlements.

There are 15 people on a project (including the project manager). How many lines of communication are there? *

1 point

105

112

113

Emotions are running high during negotiations to purchase major equipment for your project when the seller starts to pack up his things. This an example of which negotiation strategy? *

1 point

Missing man

Fair and reasonable

Withdrawal

Deadline

The Close Project or Phase process includes all the following EXCEPT: *

1 point

Analysis of project success.

Ensuring that records include final specifications.

Creating a project risk management plan.

A collection of project records.

You have just completed the design phase for a client's project and are about to enter the implementation phase. All of the following need to be done EXCEPT: *

1 point

Lessons learned.

Updating records.

Formal acceptance.

Completion of the product of the project.

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? *

1 point

$1,000,000

$1,100,000

$1,125,000

$1,200,000

In which Process Group will work defined be completed and all the specifications of your project be satisfied? *

1 point

Planning Process Group.

Executing Process Group.

Monitoring and Controlling Process Group.

Closing Process Group.

You have been working on a project for the last six months. Your management lets you know that you will receive an incentive of $ 5,000, if you complete the project one month ahead of schedule. When closing the project ahead of schedule, your team informs you that the product contains a minor flaw and may not fully satisfy the customer's needs. However, rectification of the minor flaw will require a lot of changes and take 2 more months. In this context, you will: *

1 point

Close out the project.

Review the situation with your customer and sponsor.

Rectify the flaw and then close out the project.

Close the project and then inform the sponsor about the flaw.

After joining as a stand-in project manager for an ongoing project, you are informed by the team that certain features are added to the deliverable which were not asked for by the customer, to earn customer appreciation. In this situation: *

1 point

You are concerned, because the project team is gold-plating.

You are happy, because the project will 'exceed customer expectations'.

You are worried that this is going to increase the project size.

You are undecided about the increase in the quality metrics of the project.

A contract is legally binding in all the following cases EXCEPT: *

1 point

The seller is not able to produce goods as part of the contract.

The signatory to the contract leaves the company.

The buyer is not able to satisfy financial obligations.

The contract violates the law of the land.

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? *

1 point

Crashing

Floating

Leveling

Fast tracking

As project manager of a project, you just handled a risk event that impacted the project cost and schedule. Because the impact is 15 percent of the total project cost, what is the MOST appropriate action? *

1 point

Control the cost.

Inform the appropriate stakeholders.

Act to bring the cost of the event within acceptable limits.

Update the project budget.

You have been criticized that certain specifications in your Scope Statement do not pass the test for SMART objectives. What are SMART objectives? *

1 point

Objectives specified in far more detail than necessary for a execution of a successful project.

Easily achievable objectives which help you reducing the pressure on yourself and the team.

Objectives that should be achieved in order to attain formal recognition by both the customer and the project sponsor.

Objectives that are described using specific, measurable, assignable, realistic and time-related specifications.

Please refer to the table. Considering that the project has a negative float of three months, which of the following task(s) should be crashed to bring the project on schedule? *

1 point

Task Q.

Task N and Task O.

Either Task Q or Task N and Task O.

Task N and Task P.

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? *

1 point

Resource leveling

Schedule compression

Critical chain

Adjusting leads and lags

A project manager must publish a project schedule. Activities, start/end times, and resources are identified. What should the project manager do NEXT? *

1 point

Distribute the project schedule according to the communications management plan.

Confirm the availability of the resources.

Refine the project management plan to reflect more accurate costing information.

Publish a bar chart illustrating the timeline.

In which of the following contract types does the buyer have the most cost risk? *

1 point

Cost plus percentage of costs (CPPC)

Cost plus fixed fee (CPFF)

Cost plus award fee (CPAF)

Cost plus incentive fee (CPIF)

You are managing a project with part-time resources in a weak matrix organization. Several of the team members attend team meetings and have not completed their activity assignments as scheduled. At your next team meeting, the MOST important agenda item would be: *

1 point

To review the work breakdown structure.

Team building.

To review project schedule and assignments.

To define the impact of the delays.

Submit

Clear form

This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy

Forms