PMP® Practice Quiz

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PMP® Practice Quiz - 26

If earned value (EV) = 350, actual cost (AC) = 400, and planned value (PV) = 325, what is the cost variance (CV)? *

1 point

350

-75

400

-50

Which of the following is NOT a characteristic of a project? *

1 point

Temporary.

Strategic.

Specific result.

Progressively elaborated.

What is the correct order of the scope management processes? *

1 point

Define Scope, Create WBS, Collect Requirements, Scope Verification.

Collect Requirements, Control Scope, Create WBS, Scope Verification.

Collect Requirements, Define Scope, Create WBS, Scope Verification.

Collect Requirements, Scope Baseline, Define Scope, Control Scope.

Which statement describes best the meaning of the term Cost baseline? *

1 point

A cost baseline is always created by translating time-phased cost information into cost data on activity or work-package level.

A cost baseline is an approved time-phased budget that will be used to measure and monitor cost performance on the project.

Data to draw a cost baseline can be easily generated and updated as necessary from information related to actual project cost.

A cost baseline is usually displayed in the form of an inverse S-curve drawn from the beginning of the project until data date.

The software development project is not going well. There are over 30 stakeholders, and no one can agree on the project objectives. One stakeholder believes the project can achieve a 30 percent improvement while another believes a 50 percent improvement is possible. The project manager thinks a 10 percent improvement is more realistic. What is the BEST course of action? *

1 point

Move forward with the project and look for more information later to settle the issue.

Average the numbers and use that as an objective.

Perform a feasibility analysis.

Ask the sponsor to make the final decision.

You have five people working on your team, a sponsor within your company, and a client, all of whom need to be kept informed of your project's progress. How many lines of communication are there? *

1 point

Improving competencies and interaction of team members helps in improving project performance. This activity is performed as part of which project process group? *

1 point

Planning.

Executing.

Monitoring and Control.

Initiating.

You have been working on a very large software development project that has made use of more than 230 people. Finally, all the scope has been completed. It would be BEST to: *

1 point

Throw a party for the team members.

Make sure the project is integrated with other projects.

Begin to focus on your other projects.

Analyze project success or failure.

A project manager overhears a conversation between two stakeholders who are talking about how unhappy they are with the impacts of the project on their own departments. Stakeholder A asks if the project is on time, and Stakeholder B replies that the SPI is 1.05. Stakeholder A asks if the project manager for the project knows of Stakeholder B's concern. Stakeholder B responds that he is not sure. What is the BEST thing for the project manager to do? *

1 point

Make sure the stakeholders see that the project manager overheard. Then ask them to direct any questions to the project manager in writing.

Make a presentation to all the stakeholders regarding the status of the project.

Send both stakeholders a copy of the issue log, and ask for additional comments.

Arrange a meeting with both stakeholders to allow them to voice any concerns they may have.

The success of your new project requires several of your people to work in a foreign country for six months. The team informs you that in this country a payment is required to obtain visas. What should you do? *

1 point

Cancel the project.

Make the payment.

Do not pay and see what happens.

Do not send your people.

The project has 13 team members and affects over 15 departments in the organization. Because the project has completed 20 percent of the project to date and has had successful performance reports from five of the affected departments, the project manager holds a party to celebrate. The project manager invites to the party key stakeholders from all of the departments, in order to give those providing good reviews an informal opportunity to communicate good things to those departments that have not yet been affected by the project. At the party, the project manager walks around to try to discover any relevant information that would help make the project even more successful. He happens to hear a manager of one of the departments talking about setting up more regular meetings on the project. The BEST thing for the project manager to do would be to FIRST: *

1 point

Record the effectiveness of the party in the project lessons learned.

Review the information distribution methods on the project.

Hold a meeting of all the stakeholders to discuss their concerns.

Make sure the manager has a copy of the communications management plan so he is reminded that such concerns should be sent to the project manager.

Your company is a pioneer in the construction industry. The government recently floated a tender for setting up a new airport. Since you do not have all the requisite skills within the company, you enter into a joint venture with a leading airport construction company to bid jointly for the government contract. This is an example of: *

1 point

Risk exploitation.

Risk sharing.

Risk enhancing.

Risk mitigating.

Which factor would NOT be considered when choosing between two projects to undertake? *

1 point

Net present value (NPV)

Benefit cost ratio (BCR)

Payback period

Law of diminishing returns

Design of experiments: *

1 point

Identifies which variables have the most influence on a quality outcome.

Identifies which variables have the least influence on a quality outcome.

Determines what a quality outcome is.

Determines the methods to be used for research and development.

Which should be included in a Requirements management plan? *

1 point

The document should trace requirements to project scope / WBS deliverables.

It should describe how requirements activities will be planned, tracked, and reported.

It should trace high-level requirements to more detailed requirements.

It should trace requirements to business needs, opportunities, goals, and objectives.

Contracts are formal legal documents and can be amended at any time prior to contract closure by mutual consent, in accordance with the change control terms of the contract. In this context, you should be aware that: *

1 point

Contract administration is usually an integral part of project organization.

Contract administration is usually an administrative function separate from the project organization.

Contract administration is usually outsourced to an external agency or company.

Contract administration is always done alike in all organizations.

You are evaluating a change to the project and trying to decide whether to lease or buy an item for the project. The daily lease cost is US $240. The cost of purchasing the item is US $6,800 investment cost and US $70 daily cost. How long will it take the lease cost to equal the purchase cost? *

1 point

30 days

40 days

50 days

60 days

A project manager is having trouble with his project because one of his team members is not performing, which is causing him to miss an important date he promised to a stakeholder. He discovers that the team member knew about the project problem, but didn't tell him because the team members are all afraid of his bad temper. Which BEST describes how the project manager can avoid this situation in the future? *

1 point

Increasing his knowledge of the PMBOK® Guide.

Measuring personal performance.

Improving his personal skills.

Managing stakeholder expectations.

Which of the following is NOT an example of Cost of Quality? *

1 point

Having team members spend extra time reviewing requirements with the stakeholders.

Paying extra programmers to help meet a deadline.

Hiring extra inspectors to look for defects.

Sending a crew to repair a defective product that was delivered to the client.

The project charter is created in which project management process group? *

1 point

Executing

Planning

Closing

Initiating

All of the following are parts of effective problem solving EXCEPT: *

1 point

Waiting to make decisions.

Reviewing the decision.

Confirming that the decision solved the problem.

Analyzing the problem.

Which of the following CANNOT be used as a tool in the Perform Quality Control process? *

1 point

Pareto chart

Sampling

Work breakdown structure

Life cycle costing

You are planning to award a contract and are evaluating sellers, using criteria like management approach, technical approach, life-cycle cost, and production capacity and interest. These criteria are called: *

1 point

Screening criteria.

Source selection criteria.

Evaluation criteria.

Contract selection methods.

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%? *

1 point

The net present value is positive, which makes the project attractive.

The net present value is positive, which makes the project unattractive.

The net present value is negative, which makes the project attractive.

The net present value is negative, which makes the project unattractive.

Which of the following is NOT an input to Develop Schedule? *

1 point

Activity list.

Project schedule network diagrams.

Resource calendars.

Schedule baseline.

You would like to compare the costs involved in the current project with other similar projects done by your organization in the past. This will help in developing costing alternatives and tradeoffs and aid in preparation of: *

1 point

Activity duration estimates.

Cost estimates.

Cost management plan.

Bottom up estimating.

What does a resource histogram show that a responsibility assignment matrix does not? *

1 point

Time

Activities

Interrelationships

The person in charge of each activity

Probabilistic analysis of the project and probability of achieving the project cost or time are completed during: *

1 point

Identify Risks.

Perform Qualitative Risk Analysis.

Perform Quantitative Risk Analysis.

Plan Risk Responses.

You have contracted some work to a vendor, and would like to identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts within the performing organization. This can be performed through: *

1 point

Procurement audit.

Contract file.

Contract performance reporting.

Lessons learned documentation.

Please refer to the chart. What is the slack of task 3? *

1 point

-1

A risk that remains after risk responses have been implemented is referred to as: *

1 point

Secondary risk.

Residual risk.

Fallback Plan.

Accepted risk.

When checking the calendar of a team member to schedule a meeting, you see she has scheduled a meeting with a key stakeholder that you were not informed of. The BEST approach would be to: *

1 point

Avoid mentioning it to the team member but continue to watch her activities.

Notify your boss about the problem.

Address the concern with the team member's boss.

Address the concern with the team member.

You are planning a project. The functional managers will not commit any particular people to your project, because it will not begin for a few months. All of the following methods could be used to handle this situation EXCEPT: *

1 point

Use the average productivity factor for each department.

Use the average daily rate of the resources in each department times the number of resources needed of each resource type.

Use the results of the Delphi technique for the number of hours.

Use the average probability of successful completion multiplied by the number of resources needed each day.

Which of the following is the primary output of the Develop Project Team process? *

1 point

Change requests

Staffing management plan

Team performance assessment

Updated issue log

Organizations performing projects will usually divide each project into several project phases to improve management control. This also provides links to the ongoing operations of the performing organization. Collectively, project phases are also called: *

1 point

Project management life cycle.

Project life cycle.

Product life cycle.

Project phases life cycle.

You're planning your project's quality activities. You know that as you go through your project, your team will find lots of ways to improve the way your company does work in the future. You need a way to handle that information in a systematic manner. What document is BEST used to plan for this? *

1 point

Quality checklist.

Process improvement plan.

Quality management plan.

Quality metrics.

Assuming that the critical path of your project has a duration of ten days, all of the following could change the project timelines EXCEPT: *

1 point

If the project has one critical path, you are able to decrease the duration of the critical path by one day by using a new tool.

If the project has one critical path, you have to increase the duration of the critical path by one day due to delays.

If the project has two critical paths, you are able to decrease the duration of one critical path by one day by using a new tool.

If the project has two critical paths, you have to increase the duration of one critical path by one day due to delays.

The acceptable range of variation of a process is the ___________ on a control chart. *

1 point

Mean.

Specification limit.

Rule of seven.

Upper and lower control limit.

All of the following are inputs to the Plan Quality process EXCEPT: *

1 point

Enterprise environmental factors.

The project scope statement.

The schedule baseline.

Project work results.

When a product or service completely meets a customer's requirements: *

1 point

Quality is achieved.

The cost of quality is high.

The cost of quality is low.

The customer pays the minimum price.

What is the BEST way to describe how the contract terms and conditions are created? *

1 point

They are based on a risk analysis.

They are created by the procurement officer assigned to the project.

They use only the company's existing standard terms and conditions.

They are based on the needs of the seller.

Which communication process is in the Monitoring & Controlling process group? *

1 point

Distribute Information

Manage Stakeholder Expectations

Plan Communications

Report Performance

The construction phase of a new software product is near completion. The next phases are testing and implementation. The project is two weeks ahead of schedule. What should the project manager be MOST concerned with before moving on to the final phase? *

1 point

Verify Scope

Perform Quality Control

Performance Reports

Control Costs

You are discussing your project with a close friend and colleague in the company. You are worried that your project is behind schedule and over budget. Your colleague explained how she was able to bring her project back on schedule by taking out some non-critical tasks from the project scope without informing anyone in the organization. She advised you to do likewise. In this context, you should: *

1 point

Inform management about your colleague's activities.

Get more information on how your colleague was able to get the project on schedule, so you can do something similar for your project..

Do nothing and continue with your project as if nothing happened..

Try crashing your project..

The testing results for the new computer modulation project have arrived from the seller. The results indicate the project is not meeting the overall quality requirements. If the project manager meets with team members to analyze the situation, the project manager is involved in which process? *

1 point

Quality management

Perform Quality Assurance

Plan Quality

Perform Quality Control

Which of the following occur during the SAME procurement process? *

1 point

Discuss what contract terms should be in the contract with your lawyer, perform a procurement audit, and perform a procurement performance review.

Walk the sellers around your facility, ask to review the sellers' references, and document lessons learned.

Document the agreed-upon selection criteria, report on performance, and review the availability of resources.

Identify variances between planned and actual performance, write a note to document a phone conversation with the seller, and make a payment to the seller.

A project manager is determining the factors that might influence specific quality variables. He has chosen to analyze the color/size combination that will contribute most to the functionality of the new product. In what part of the quality management process is the project manager involved? *

1 point

Quality Analysis

Perform Quality Assurance

Perform Quality Control

Plan Quality

During project executing, a major problem occurs that was not included in the risk register. What should you do FIRST? *

1 point

Create a workaround.

Reevaluate the Identify Risks process.

Look for any unexpected effects of the problem.

Tell management.

Outputs of the Close Project or Phase process include all of the following EXCEPT: *

1 point

Project archives.

Formal acceptance.

Lessons learned.

A risk audit.

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? *

1 point

1.20

1.10

1.00

0.83

Which of the following contracts has the MOST risk for the seller? *

1 point

Cost plus fixed fee (CPFF).

Time and Materials (T&M).

Cost plus percentage of costs (CPPC).

Fixed price (FP).

Lag means: *

1 point

The amount of time an activity can be delayed without delaying the project finish date.

The amount of time an activity can be delayed without delaying the early start date of its successor.

Waiting time.

The product of a forward and backward pass.

A major concern about a time and material (T&M) contract is that: *

1 point

The procurement statement of work needs to be complete.

There is profit in every hour worked.

The cost is known.

The seller has the cost risk.

You have just verified that all of the work on your project is completed. Which of these things is NOT part of the Closing process? *

1 point

Update historical information by documenting lessons learned.

Document the work performance information to show the deliverables that have been completed and record the lessons learned.

Verify that all of the deliverables have been accepted by the stakeholders.

Follow the project closure procedure.

Your company wants to open a plant in a country where the law stipulates that women can earn only 50 percent of what men earn. Under these circumstances, what should you recommend to your company? *

1 point

Do not open the plant.

Your company should meet with government officials and try to get a waiver that equalizes the rate between men and women.

Do not hire women.

Provide the women you hire with extra work to increase their salary.

Team members are arguing about the location of specification limits on a control chart. The discussion is becoming heated when the project manager walks in and says, "It seems that the real problem here is that we do not have enough information about the customer's specifications. Let's…" This is an example of: *

1 point

Asserting the project manager's authority.

Problem solving.

Compromising.

Withdrawal.

While reviewing project performance, the project manager determines that the schedule variance is -500. What is the BEST thing to do? *

1 point

Let the sponsor know.

Determine the cost variance.

Look for activities that can be done in parallel.

Move resources from the project to one that is not failing.

Allocating ownership of a risk to a third party who is best able to capture the opportunity is an example of _______ the risk. *

1 point

Sharing

Enhancing

Exploiting

Accepting

A project is handled by departments of an organization and expedited by a project coordinator. Which of the following statements is most likely to be true? *

1 point

The performing organization is a weak matrix.

The performing organization is doing "management by projects".

The performing organization is a strong matrix.

The performing organization is projectized.

Which of the following BEST describes the project manager's role as an integrator? *

1 point

Help team members become familiar with the project.

Put all the pieces of a project into a cohesive whole.

Put all the pieces of a project into a program.

Get all team members together into a cohesive whole.

You are the project manager for a construction project, and 121 people report to you. Your job requires that you allocate work to others and ensure that the work is done on time. The tool you use is: *

1 point

Work Breakdown Structure

Work Authorization System

PERT/CPM/Network diagrams

WBS dictionaries

The aggregation of the processes, tools, techniques and methodologies to manage a project is referred to as: *

1 point

Project management system.

Change Control System.

Organizational process assets.

Project management information system.

A project manager is in the middle of creating a request for proposal (RFP). What part of the procurement process is he in? *

1 point

Conduct Procurements

Plan Procurements

Administer Procurements

Make-or-buy Analysis

You are finishing the prototype that was planned as a risk mitigation strategy when you find out that the benefit cost ratio (BCR) has been improved and the project cost performance index (CPI) is 1.03. The standard deviation of the project time estimate has decreased and you discover that the prototype, already almost finished, can fulfill the needs of another project requirement as well. What should you do FIRST? *

1 point

Look for ways to help get the prototype accepted faster and thus cut cost.

Review the benefits of the project with the customer and determine if the prototype will improve the benefits.

Compress the project to get it completed faster using the prototype.

Look for the risk impacts of fulfilling another requirement with the prototype.

Your company has developed a software product. While performing beta testing with a small sample of users, you notice that the product has defects because of the following reasons: - Non-compatibility with the operating system (20%); - Bugs in the software (22%); - Difficulty in understanding instruction manuals (20%); - Non-availability of desired features (15%); - Others (23%). To illustrate the causes of these problems, you could use a: *

1 point

Flowchart.

Quality Checklist.

Pareto Chart.

Histogram.

What is the purpose of control limits? *

1 point

Identifying ―Rule of seven patterns in control charts.

Increasing process quality from 3σ to 6σ.

Specifying the range of acceptable results.

Identifying whether the process is in control or not.

All the following are used in quality management EXCEPT: *

1 point

Marginal analysis.

Selected sellers.

Standard deviation.

The Delphi technique.

One way contract closure differs from administrative closure is: *

1 point

Administrative closure involves the stakeholders and the team; contract closure involves only the team but not the stakeholders.

Administrative closure defines actions the team must take; contract closure defines legal commitments.

Administrative closure means verifying that the project is complete or terminated; contract closure means verifying that the contract terms were satisfied.

Administrative closure is performed by the seller; contract closure is performed by the buyer.

You were in the middle of a two-year project to deploy new technology to field offices across the country. A hurricane caused power outages just when the upgrade was near completion. When the power was restored, all of the project reports and historical data were lost with no way of retrieving them. What should have been done to prevent this problem? *

1 point

Purchase insurance.

Plan for a reserve fund.

Monitor the weather and have a contingency plan.

Schedule the installation outside of the hurricane season.

You are the project manager on a construction project, and you have just received a change request. You consulted the project management plan, and followed the procedures laid out in the Change Control System. You are in the process of reviewing the change and documenting its impact. Your manager asks you why you are doing this. What are you doing by reviewing the change and documenting its impact? *

1 point

Perform Integrated Change Control.

Monitor and Control Project Work.

Manage Requested Changes.

Direct and Manage Execution.

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? *

1 point

Consult the contract and follow its claims administration procedure.

Renegotiate the contract.

File a lawsuit to force the stakeholder to accept the deliverable.

Follow the administrative and contract closure procedures.

The following is the data for a CPIF project you are managing: Target cost is $ 100,000; Actual cost is $ 80,000; Target fee is $ 20,000; Maximum fee is $ 25,000; Sharing ratio is 60:40. What should be the final price of the contract? *

1 point

$100,000

$108,000

$105,000

$92,000

Your customer requested that the new railroad cars you are building for his company be constructed from heavy grade aluminum. After reviewing the requirements, two of your experts inform you that the customer would be better off with steel cars. You meet with the customer to discuss the issue, and he directs you to go ahead with the aluminum cars. What should you do? *

1 point

Meet with the customer again to ensure that he understands the expert opinions about using steel instead of aluminum.

Find a way to cut other costs, and upgrade the cars to steel.

Provide aluminum cars that meet the customer's requirements.

Meet with your experts to find another proposal for the customer.

Your company has a policy that only a certain hotel chain may be used for business travel. You discover that a more expensive hotel is offering a discount on the days you need to be in town. What should you do? *

1 point

Ask your manager for permission to use the other hotel chain.

Contact the hotel chain to negotiate a better rate.

Use the company's hotel chain.

Provide justification on your expense report for using the other hotel chain.

When is the earliest time administrative closure should be completed? *

1 point

At the end of each project phase

At the end of the project

Whenever a deliverable is complete

Whenever a new project manager takes over a project

You are the project manager for an initiative to release a new product in the market. But because of government regulations, you will have to make some changes to the requirements documentation and the WBS. The changes made in the requirements documentation are reflected in the: *

1 point

Project document updates.

Work breakdown structure.

Project plan.

Project charter.

You are in the test phase of your software project, and the project sponsor has requested for a definitive estimate of when your project will be completed. The most likely estimated duration is 30 days. Which of the following duration estimations will you give to your sponsor? *

1 point

29 - 31 days.

24 - 36 days.

20 - 40 days.

30 - 40 days.

The buyer has clearly specified that only those companies can bid for the contract that have revenues greater than $ 300 million and profitability of more than $ 30 million over the past 3 years. This can also be referred to as: *

1 point

Procurement negotiation.

Source selection criteria.

Independent estimate.

Make or buy analysis.

The project is not going well, due to poor performance of a seller. That seller has withdrawn from your project. A new seller has been selected, and their labor forces are arriving at the job site tomorrow. What is the LEAST effective thing to do? *

1 point

Establish yourself as the authority in charge.

Bring your team in for introductions, and establish a communications exchange.

Take the new team on a tour of the site, and show them where they will be working.

Bring out the project management plan.

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 Earned Value (EV)? *

1 point

$5,000

$10,000

$11,000

$12,500

The WBS and WBS dictionary are completed. The project team has begun working on identifying risks. The sponsor contacts the project manager, requesting that the responsibility assignment matrix be issued. The project has a budget of US $100,000 and is taking place in three countries using 14 human resources. There is little risk expected for the project and the project manager has managed many projects similar to this one. What is the NEXT thing to do? *

1 point

Understand the experience of the sponsor on similar projects.

Create an activity list.

Make sure the project scope is defined.

Complete risk management and issue the responsibility assignment matrix.

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? *

1 point

The sponsor is being unreasonable.

Stakeholder analysis was not performed adequately.

The team made a serious mistake and you need to use punishment power to correct it.

You do not have enough budget to perform the project.

A new software development project is in progress and the project manager is working with the quality assurance department. They want to improve everyone's confidence that the project will satisfy the quality standards. Which of the following MUST they have before they start this process? *

1 point

Completed checklists

A quality control plan

Results of quality control measurements

Rework

Which of the following processes includes asking team members about the time estimates for their activities and reaching agreement on the calendar date for each activity? *

1 point

Sequence Activities

Develop Schedule

Define Scope

Develop Project Charter

During the Identify Risks process, a project manager made a long list of risks identified by all the stakeholders using various methods. He then made sure that all the risks were understood and that triggers had been identified. Later, in the Plan Risk Responses process, he took all the risks identified by the stakeholders and determined ways to mitigate them. What has he done wrong? *

1 point

The project manager should have waited until the Perform Qualitative Risk Analysis process to get the stakeholders involved.

More people should be involved in the Plan Risk Responses process.

The project manager should have created workarounds.

Triggers are not identified until the Identify Risks process.

There have been too many disagreements within two team-members in your project over the design of a particular product. You would like to incorporate the best features of the two designs. You also want to create an environment that avoids conflicts and emphasizes similarities. The conflict handling mode you would like to implement is: *

1 point

Smoothing.

Compromising.

Confrontation.

Withdrawal.

When you Perform quality assurance in your project, which technique could you typically use? *

1 point

Code review.

Quality audit.

Inspection.

Scope verification.

Company A hires Company B to work on a project. Company B then subcontracts part of the project to Company C. One day the project manager from Company A sees someone from Company C doing work she feels is wrong. If the project manager from Company A tells the person from Company C to stop that work, what is the person from Company C required by law to do? *

1 point

Stop work immediately.

Ask her to sign a change order requesting the stop.

Initiate a change order requesting the stop.

Continue work, and ignore that project manager.

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? *

1 point

$900,000.

$1,000,000

$1,100,000

$1,222,222

Which of the following is NOT true about bidder conferences? *

1 point

All potential sellers should meet separately with the buyer.

Potential sellers should ask questions in an open forum so other sellers can hear the answers.

Bidder conferences are a good way to make sure sellers are treated fairly.

All sellers are given the same procurement documents.

The project scope statement consists of the product scope description and project deliverables. It also defines the: *

1 point

Scope Baseline.

WBS.

Product acceptance criteria.

WBS dictionary.

Which of the following project selection methods is NOT a comparative approach (or benefit measurement model)? *

1 point

Linear programming.

Murder boards.

Benefit-to-cost ratios.

Peer review.

Project Scope Management includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. In this context, a detailed project scope statement is prepared as part of: *

1 point

Collect Requirements.

Create WBS.

Scope Elaboration.

Define Scope.

The project team has added some functionalities to the product that are not required as part of the project. However, the customer is satisfied with the product. From a quality perspective, the action of the team is: *

1 point

Justified because customer expectations are exceeded.

Not acceptable, because it constitutes gold plating, which is not a good practice.

Desirable as this means repeat business from the customer.

Not ethical as the customer indicated project deliverable is not produced.

Please refer to the diagram. What is the effect on the project if the duration of task J is increased to 9 weeks? *

1 point

No effect since task J is not on the critical path.

Risk of the project will further increase.

The overall time-frame required to complete the project will increase by 1 week.

Project has to be fast tracked or crashed to prevent delay.

Which of the following BEST describes product analysis? *

1 point

Working with the customer to determine the product description

Mathematically analyzing the quality desired for the project

Gaining a better understanding of the product of the project in order to create the project scope statement

Determining if the quality standards on the project can be met

You would like to obtain information, quotations, bids, offers, or proposals from sellers as part of the Conduct Procurements process. In this process, which of the following is the most critical? *

1 point

Determine whether a product should be purchased or manufactured in-house.

Ensure that prospective sellers clearly understand the technical and contract requirements.

Clarify the structure and requirements of the contract.

Prepare an independent estimate to verify the proposed price structures of the sellers.

At a critical design review meeting for a large project, several important issues surfaced. After hearing about a major technical problem, one of the subcontractor's engineers mentions that he experienced a similar situation on another project; he has some ideas on how to solve the current problem. What type of power is the engineer using? *

1 point

Manipulative

Formal

Expert

Referent

Being told to complete the project in three months using only four resources is an example of: *

1 point

Constraints.

Earned value analysis components.

Benefit cost ratios.

Law of diminishing returns.

All the following are needed to create the WBS EXCEPT: *

1 point

Organizational process assets.

Quality measurements.

Requirements documentation.

Project scope statement.

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