PMP® Practice Quiz

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PMP® Practice Quiz - 14

In which process group does the team measure and analyze the work being done on the project? *

1 point

Initiating

Executing

Monitoring and controlling

Closing

Careful and explicit risk management planning ensures possibility of success of the other risk management processes. In this context, you use sensitivity analysis to: *

1 point

Determine which risks may affect the project.

Determine which risks have the most potential impact on the project.

Define how risk management processes will be performed.

Define how to conduct risk management activities for a project.

The halo effect refers to the tendency to: *

1 point

Promote from within.

Hire the best.

Move people into project management because they are good in their technical fields.

Move people into project management because they have had project management training.

Which motivational theory uses the concept of Theory X? *

1 point

Maslow

Deming

McGregor

Herzberg

During project executing, a team member identifies a risk that is not in the risk register. What should you do? *

1 point

Get further information on how the team member identified the risk, because you already performed a detailed analysis and did not identify this risk.

Disregard the risk, because risks were identified during project planning.

Inform the customer about the risk.

Analyze the risk.

In your project, you wish to calculate early start and finish dates for each task. For this purpose, which of the following will you use (choose the best answer)? *

1 point

ADM.

CPM.

GERT.

CERT.

You take over a project that is in a lot of trouble. There are apparently problems with the team dynamics, project scope, sponsor, and timeline. The project has a cost performance index (CPI) of 0.75 and schedule performance index (SPI) of 1.2. The FIRST action you should take is to: *

1 point

Meet with the project sponsor.

Review all the project deliverables.

Meet with the team.

Meet with each team member individually.

A team is using a fishbone diagram to help determine what quality standards will be used on the project. What part of the quality management process are they in? *

1 point

Perform Quality Control

Perform Quality Assurance

Plan Quality

Variable Analysis

What does the acronym RACI commonly stand for in project management? *

1 point

Responsible, Accountable, to be Consulted, to be Informed.

Remote, Attached, Connected, Integrated.

Risk Analysis and Caution Initiative.

Randomly Accessible Cashflow Information.

You have reached the end of the design phase of your project. You decide to call a "phase end review" for obtaining authorization to close the design phase and initiate the next phase (i.e., execution phase) of your project. Your manager disagrees with your suggestion. He wants a "kill point" to formally end the design phase of the project. In this context, you should: *

1 point

Disagree with your manager because you know that phase end reviews should be used at the end of each phase of the project.

Agree with your manager.

Escalate this issue to the project sponsor.

Take advice from a senior project manager about what should actually be done at the end of each phase of the project.

Your company asks you to manage a project of its subsidiary unit in another country. You quickly realize that workers in the subsidiary unit have poor work ethics as compared with that of your parent company. In this context, which of the following will be the most appropriate course of action? *

1 point

Ask your new team to emulate the work ethics of the teams of your parent concern.

Take steps to change the work culture of your new team.

Regard your new team as lazy and impose sanctions.

Treat it as cultural differences, and try to determine ways to improve productivity.

In Develop Schedule process, you create a distribution of probable durations for each activity and use it to calculate the distribution of probable results for the total project. The technique that you are using is: *

1 point

Parametric estimating.

Mathematical analysis.

What-if analysis.

Resource leveling.

You are finding it difficult to evaluate the exact cost impact of risks. You should evaluate on a(n): *

1 point

Quantitative basis.

Numerical basis.

Qualitative basis.

Econometric basis.

Which of the following BEST describes the phrase, "influencing the factors that affect change?" *

1 point

Telling people that changes are not allowed

Determining the sources of changes and fixing the root causes

Adding more activities to the work breakdown structure to accommodate risks

Calculating the impact of changes to date on the project

During project executing, a project manager from the information systems department is trying to complete the project, yet is constantly faced with interference from the manager of the engineering department. The engineering department keeps changing the resources assigned to the project team and their availability. What type of matrix does this represent? *

1 point

Strong matrix

Weak matrix

Functional matrix

Tight matrix

Which of the following BEST describes how a work breakdown structure can be used to determine resources? *

1 point

The WBS breaks the project into one-person activities.

The small work packages that the WBS provides make it easier to determine what expertise is needed.

It lists the names of the resources to be used.

It enables management to list the resource hierarchy.

A project manager is working on her first project that uses people from outside her country. Which of the following would be the MOST important thing to expect to occur? *

1 point

Added costs due to shoddy or incomplete work

Language or cultural differences that preclude effective team work

Increased human resource planning and coordination activities

Team building activities become impractical, and the cost is prohibitive

You have a portfolio architect in your project, who has been with the company for 30 years. She commands a lot of respect and recognition from others and is very self-confident. From a Maslow's hierarchy of needs perspective, she has reached the phase of: *

1 point

Self-actualization.

Social.

Physiological.

Self-esteem.

While reading a magazine article, you discover there is a tool of project management that other companies are using, but that your company has never heard of. What should you do? *

1 point

Copy the article and pass it around your company.

Talk to your colleagues and see if they know about it.

Arrange a meeting with your manager to discuss it.

Summarize your opinion of the benefits of using this information in your company. Present your analysis to your manager.

Which of the following does NOT assess the value a project brings to an organization? *

1 point

Benefit cost analysis

Net present value

Value analysis

Needs assessment

During the executing process group, a functional manager asks you to use a model C generator instead of model B on your project. The functional manager says that model C will solve the needs of the project and provide some benefits to the manufacturing department. You look at the cost associated with model C and discover that it is substantially higher than model B. If you are not sure you can justify the more expensive model, what is the BEST thing to do? *

1 point

Review the specifications of each to validate the manager's claims.

Analyze the differences in using each model and present them to the sponsor.

Use model C and cut other activities to make up for the added cost.

Do a life cycle analysis and present the results to your boss.

What are the 5 kinds of power? *

1 point

Legitimate, expert, reward, political, and bargaining.

Legitimate, expert, reward, political, and punishment.

Legitimate, expert, reward, economic, and bargaining.

Legitimate, expert, reward, referent, and punishment.

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, you notice a series of activities that can be worked in parallel but must finish in a specific sequence. What type of activity sequencing method is required for these activities? *

1 point

Precedence diagramming method

Arrow diagramming method

Critical path method

Operational diagramming method

A manager notices that a project manager is holding a meeting with some of the team and some stakeholders to discuss the quality of the project. The project schedule has been compressed, and the CPI is 1.1. They have worked hard on the project, the team has been rewarded according to the reward system the project manager put in place, and there is a strong sense of team. The manager suggests that the project manager does not have enough time to hold meetings about quality when the schedule is so compressed. Which of the following BEST describes why the manager is wrong? *

1 point

Improved quality leads to increased productivity, increased cost effectiveness, and decreased cost risk.

Improved quality leads to increased productivity, decreased cost effectiveness, and increased cost risk.

Improved quality leads to increased productivity, increased cost effectiveness, and increased cost risk.

Improved quality leads to increased productivity, decreased cost effectiveness, and decreased cost risk.

You created the logic diagram for your project based on the chart when all of a sudden the person completing activity C says that you must plan for a lag of two weeks after the completion of the activity before starting the next activity. Which of the following would be the FIRST thing to do? *

1 point

See if the duration of activity H can be shortened.

Nothing, because the two weeks could be assigned to activity E.

Make Start, A, D, G, End the critical path in order to save time.

Calculate project float after the insertion of the lag.

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? *

1 point

Perform Quality Assurance

Project Control

Perform Quality Control

Plan Quality

Post-mortem analysis after scheduled finish date of a project shows a CPI of 0.8 and an SPI of 1.25. What is a plausible explanation for that? *

1 point

The project was terminated early. At that time, it was over budget and ahead of schedule.

The project has produced additional deliverables which were originally not required.

The project has evidently been finished under budget and behind of schedule.

The project has evidently been finished over budget and ahead of schedule.

Which of the following are valid ways to breakdown the work in a WBS? *

1 point

By risk or quality metric.

By product feature or unit of work.

By project phase or project deliverable.

By charge code or initial estimate.

It is important to collect project records at the end of the project to: *

1 point

Document decisions made on the project.

Recall what happened on the project.

Support cost decisions.

Support the risks on the project.

You are a project manager and you wish to distribute important project information that has accumulated since the beginning of the project to all the stakeholders. In this context, which of the following is NOT an information distribution tool? *

1 point

E-mail.

Press releases.

Project reports.

Electronic databases.

Verify Scope is the process of obtaining stakeholder's formal acceptance of the completed project deliverables. In this context, which statement related to Verify Scope process is correct? *

1 point

Verify Scope process is similar to Quality Control process.

Verify Scope process is normally performed after Quality Control process, but these two processes may also be performed in parallel.

Verify Scope process indicates the end of a project.

Verify Scope process is the final sign-off from the sponsor and customer.

Which of the following is NOT an output of Direct and Manage Project Execution? *

1 point

Work performance information.

Deliverables.

Implemented change requests.

Forecasts.

You're managing a project to remodel a kitchen. You use earned value calculations to figure out that you're going to run $500 over budget if your project continues at the current rate. Which of the following core characteristics of a project manager are you using to find the problem? *

1 point

Knowledge.

Performance.

Personal.

None of the above.

In projects, expert judgment will often be used throughout all the project integration processes. This can be provided by all of the following EXCEPT: *

1 point

Professional and technical associations.

Competitors.

Consultants.

Other units within the organization.

The highest point of Maslow's hierarchy of needs is called: *

1 point

Physiological satisfaction.

Attainment of survival.

Need for association.

Esteem.

While completing the Develop Human Resource Plan process on your project, you visited the functional manager of engineering many times, but she refused to supply resources for the project. First, the excuse was that her department was too busy. The next time, the department was undergoing a reorganization. This is causing your project to slip the schedule. Which of the following is the MOST probable reason for her lack of support? *

1 point

The priority of the project has increased.

The project does not have a project charter and the functional manager was not involved in approving the project management plan.

The project schedule network diagram was not time-phased.

The WBS did not include all resources needed on the project.

Which of the following is an output of the procurement management process? *

1 point

Contract

Proposals

Formal acceptance

Change orders

You have recently conducted a variance analysis of your project and found that the project is 25% over-budget. This is a very important issue, which you would like to discuss with your project stakeholders. What communication method should you use? *

1 point

War room discussion.

Face-to-face meeting.

Formal report.

Telephone calls and electronic mail.

One of your team members filed a critical report ten minutes before a bidder conference. You notice some serious errors have crept into the report. You should: *

1 point

Cancel the meeting and reschedule it at a later date.

Go ahead with the meeting and tell the participants what is wrong with the report.

Go ahead with the meeting, but ask your team member to make the presentation.

Refer the team member's report to management and ask them to cancel the meeting.

In Estimate Activity Durations process, which of the following is not an assumption? *

1 point

Existing conditions.

Availability of information.

Length of the reporting periods.

Project scope.

A project manager has just been assigned to a project that has been in progress for two months when a team member requests more time on an activity he is working on. The project manager discovers that the only impact to the project will be a delay on a noncritical path activity. The customer has emphasized the importance of completing the project on schedule. What should the project manager do NEXT? *

1 point

Submit the information to the change control board, determine if this event might impact the team member's future work, inform the team member of the board's decision

Ask the team member why they need more time, begin integrated change control, adjust the project schedule as needed

Look for impacts to quality, cut unneeded scope from the project, ask for more resources

See if any stakeholders object to the change, calculate the exact impact on the project, look at removing this resource from the project

You have been appointed as the manager of a new, large, and complex project. Because this project is business-critical and very visible, senior management has told you to analyze the project's risks and prepare response strategies for them as soon as possible. The organization has risk management procedures that are seldom used or followed, and has had a history of handling risks badly. The project's first milestone is in two weeks. In preparing the risk response plan, input from which of the following is generally LEAST important? *

1 point

Project team members

Project sponsor

Individuals responsible for risk management policies and templates

Key stakeholders

You're in the process of talking to the project stakeholders, figuring out what they need, and writing it down. Which of the following is a tool or technique that you would use? *

1 point

Decomposition.

Observations.

Variance analysis.

Inspection.

Control Schedule, Report Performance, and Administer Procurements are parts of which process group? *

1 point

Initiating

Planning

Executing

Monitoring and controlling

You and your team are busy planning the project, trying to make it fit within the sponsor's time constraint. You are happy with the team's efforts in breaking the project deliverable down into smaller pieces. This project management process output is an input to all of the following EXCEPT: *

1 point

Control Scope, Define Activities, and Estimate Cost.

Determine Budget, Estimate Cost, and Define Activities.

Verify Scope, Define Activities, and Collect Requirements.

Define Activities, Determine Budget, and Control Scope.

A team of seven people adds two more people to the team. How many communication channels are there now? *

1 point

While testing the strength of concrete poured on your project, you discover that over 35 percent of the concrete does not meet your company's quality standards. You feel certain the concrete will function as it is, and you don't think the concrete needs to meet the quality level specified. What should you do? *

1 point

Change the quality standards to meet the level achieved.

State in your reports that the concrete simply "meets our quality needs."

Ensure that the remaining concrete meets the standard.

Report the lesser quality level and try to find a solution.

The project was going well until the director of marketing discovered that two of her staff members were working on different versions of the sampling plan, a product of your project. Which of the following BEST describes what needs the attention of the project manager on this project? *

1 point

Stakeholder management

Resource allocation

Staffing management plan

Configuration management

You're looking for a seller to do work for your project. When do you send out an RFP? *

1 point

After you create the procurement documents, but before you select the seller.

Before you plan contracting, but after you Plan Procurements.

After the bidder conference, but before you select the seller.

During Administer Procurements.

During a voice conference, one team member suggests that a more experienced person be used on the project. Another talks about using a person with more training. Which of the following BEST describes what is being done? *

1 point

Plan Risk Responses

Resource Leveling

Define Activities

Develop Project Team

The Verify Scope process is different than the Perform Quality Control process in that: *

1 point

Perform Quality Control focuses on the quality on the project, while Verify Scope focuses on customer acceptance.

Verify Scope is performed throughout the project and Perform Quality Control is done throughout the project.

Perform Quality Control is considered part of Plan Quality, while Verify Scope is not.

Scope verification is provided to the project management team while quality control is provided to the project.

A resource histogram includes which two data points? *

1 point

Resource and time estimate

Resource and calendar date

Activity and resource

Resource and usage

If a discrepancy related to the scope of the project has crept into a contract, what type of communication should you use to inform the relevant stakeholders? *

1 point

Informal oral.

Formal oral.

Informal written.

Formal written.

Quality is achieved when: *

1 point

The requirements have been met.

Customer expectations have been exceeded.

The customer indicates acceptance of the product or service.

The customer stops asking for additional features.

When managing a project, which of the following is the BEST order to deal with problems that arise? *

1 point

Go to the team, go to management, go to resource managers.

Go to resource managers, go to management, go to the customer.

Handle it yourself, go to the customer, go to management.

Resolve the problem with resources you control, go to the resource manager, go to the customer.

Which of the following BEST describes stakeholders? *

1 point

People who may have a positive or negative influence on a project

End users

Sponsor and the team

The public

Four projects have been proposed to management. Project A has a payback period of 16 months. Project B has a payback period of 12 months. Project C has a payback period of eight months. Project D has a payback period of six months. Which project should management choose? *

1 point

Project A

Project B

Project C

Project D

Project integration management includes the processes and activities needed to identify, define, combine, unify and coordinate the various processes and project management activities within the project management process group. When a project is initiated, one of the processes taken up early on in the project initiation stage is: *

1 point

Identify Stakeholders.

Develop Scope Statement.

Develop Human Resource Plan.

Develop Project Management Plan.

A major construction project has been having a lot of schedule changes due to unanticipated weather problems. Who is it BEST to notify of these changes? *

1 point

Stakeholders

Sponsor

Project team

Functional managers

A project manager meets with a resource manager and asks to move resources from project A to project B. What is the MOST likely reason for this request? *

1 point

A problem has caused delay beyond the project manager's ability to control.

Project A has become higher priority within the organization.

An activity has taken longer than planned.

An activity was missed because a work breakdown structure was not created.

A project manager is taking over a project from another project manager during the planning process group. If the new project manager wants to see what the previous project manager planned for managing changes to the schedule, it would be BEST to look at the: *

1 point

Communications management plan.

Update management plan.

Staffing management plan.

Schedule management plan.

A project manager is in trouble because he took on a contract that overran its budget, and now he has to eat the cost out of his own budget. Which of the following BEST describes his contract? *

1 point

Time and materials.

Fixed price.

Cost plus incentive fee.

Cost plus percentage of cost.

What percent of time do project managers spend communicating? *

1 point

The following statements about stakeholders are correct EXCEPT: *

1 point

Stakeholders may exert influence over the project.

Stakeholders' responsibilities remain stable throughout the project life cycle.

Some stakeholders benefit from a successful project.

Identifying stakeholders can be difficult..

Which of the following is a defect? *

1 point

A mistake made by a team member on the job.

A change that the team needs to make in how they do the work.

A project management plan that does not meet its requirements.

A change request that's been rejected by the change control board.

Verify Scope is the process of obtaining stakeholder's formal acceptance of the completed project deliverables. In this context, which statement related to Verify Scope process is correct? *

1 point

Verify Scope process is similar to Quality Control process.

Verify Scope process is normally performed after Quality Control process, but these two processes may also be performed in parallel.

Verify Scope process indicates the end of a project.

Verify Scope process is the final sign-off from the sponsor and customer.

You're managing a construction project. You've decomposed work packages into activities, and your client needs a duration estimate for each activity that you came up with. Which of the following BEST describes what you are doing? *

1 point

Evaluating each activity to figure out how much effort it will take.

Estimating the number of person-hours that will be required for each activity.

Understanding, in calendar time, how long each activity will take.

Estimating how many people it will take to perform each activity.

Your project is approximately 66 percent complete and has progressed according to plan. There are nine teams working on implementation and testing activities. You receive notification, after the fact, that a manager has pulled two teams off the project to do non-project work. Part of the project is falling behind relative to the others. The MOST likely reason for this is: *

1 point

The scope of work has changed.

A weak matrix project organization.

Unidentified risks.

Low morale due to compensation issues.

A quality management plan is created during which of the following? *

1 point

Project Executing

Plan Quality

Perform Quality Assurance

Perform Quality Control

You are working on the project plan for a software project. Your company has a standard spreadsheet that you use to generate estimates. To use the spreadsheet, you meet with the team to estimate the number of functional requirements, use cases, and design wireframes for the project. Then you categorize them into high, medium, or low complexity. You enter all of those numbers into the spreadsheet, which uses a data table derived from past projects' actual costs and durations, performs a set of calculations, and generates a final estimate. What kind of estimation is being done? *

1 point

Parametric.

Rough Order of Magnitude.

Bottom-Up.

Analogous.

During the Monitor and Control Risks process, the risk response owner should be: *

1 point

Identifying which risks he/she wants to monitor.

Controlling the identification of response strategies.

Informing the project manager of any midcourse correction needed.

Updating stakeholders of new strategies for mitigating risks.

Which document is developed along the risk management processes from Identify risks through Plan risk responses to Monitor and control risks? *

1 point

List of risk triggers.

Risk register.

Risk mitigation.

Decision tree.

The project CPI is 1.02, the benefit cost ratio is 1.7 and the latest round of performance reviews identified few needed adjustments. The project team was co-located into a new building when the project started. Everyone commented on how excited they were to have all new facilities. The sponsor is providing adequate support for the project and few unidentified risks have occurred. In an attempt to improve performance, the project manager spends part of the project budget on new chairs for the team members and adds the term "senior" to each team member's job title. Which of the following is the MOST correct thing that can be said of this project or the project manager? *

1 point

The project manager has misunderstood Herzberg's theory.

The project is slowly spending more money than it should. The project manager should begin to watch cost more carefully.

The performance review should be handled better to find more adjustments.

The project manager should use good judgment to determine which variances are important.

As a project manager, you often have to deal with change requests to expand or reduce the project scope. In this context, such changes can impact all of the following EXCEPT: *

1 point

Project charter.

Project documents.

Project management plan.

Product deliverables.

The project management team has completed their make-or-buy analysis and decided that it would be best to buy the equipment needed for the new voice-activated control system. The scope could not be defined well enough for a fixed price contract, but the team had specific quality metrics that were key to the success of the project. Because of this, the team decided to issue an RFP rather than request bids. All the work to be done was included in the RFP and it was sent to the prequalified seller list by the procurement department. Only two of the four companies who received the RFP filed questions as part of a question-and-answer period held at the bidder conference. Based on this, what is the MOST important thing the project manager should make sure is in the final contract? *

1 point

Various reports that should be required of the seller

Requirements for a procurement performance review

Information on how payments may be paid out to subcontractors

How claims will be handled if more questions arise

All of the following are correct statements about a project manager EXCEPT: *

1 point

He or she is assigned after the project charter is created.

He or she may initiate changes to the project.

He or she manages changes and factors that create change.

He or she is held accountable for project success or failure.

You're the project manager on a software project. Your team has only completed half of the work, when the sponsor informs you that the project has been terminated. What is the BEST action for you to take? *

1 point

Verify the deliverables produced by the team against the scope, and document any place they do not match.

Call a team meeting to figure out how to spend the rest of the budget.

Work with the sponsor to see if there is any way to bring the project back.

Tell the team to stop working immediately.

Motivating your team members is important for the success of the project. You understand from the HR manager that employees are motivated by self-esteem, recognition, and self-actualization. To which theory is the HR manager referring? *

1 point

Theory Y.

Learning curve theory.

Herzberg's theory.

Maslow's theory.

You notice that the financial statements of the company you joined recently do not conform to generally accepted accounting practice standards and hence are inaccurate. What should be your next course of action? *

1 point

Inform the government agencies of the inaccurate accounting practices in the company.

Talk to your finance managers on why you think that they may be violating the standard accounting norms.

Assume that the accounting standards are different and hence do not want to make an issue out of it, since you are new to the company.

Talk to the finance manager in your previous company to get expert opinion on accounting standards of the new company.

Which of the following methods is used to provide a standard to measure performance? *

1 point

Benchmarking

Sampling

Estimating

Leveling

A new product development project has four levels in the work breakdown structure and has been sequenced using the precedence diagramming method. The activity duration estimates have been received. What should be done NEXT? *

1 point

Create an activity list.

Begin the work breakdown structure.

Finalize the schedule.

Compress the schedule.

During construction of a new manufacturing facility in another country, one of your team members complains to you that the wage paid to the workers is below the acceptable wage in your home country. In this situation it is BEST to: *

1 point

Pay the workers at the new facility the same wage as your country.

Pay the workers at the new facility a little less than the acceptable wage in your country.

Pay the workers an appropriate wage for the country within which they work.

Ignore the issue as you have not heard the workers complain.

Which list includes a process where recommended corrective action is NOT an output? *

1 point

Perform Quality Control, Control Costs, Report Performance

Control Costs, Perform Quality Assurance, Direct and Manage Project Execution

Control Scope, Distribute Information, Monitor and Control Risks

Monitor and Control Project Work, Manage Stakeholder Expectations, Perform Quality Assurance

Two people on the same project team have just found out they are working on the same work. This situation can be BEST characterized as a lack of: *

1 point

A good work breakdown structure.

A matrix organization.

Sponsor direction.

Effective status meetings.

A cause and effect diagram and an Ishikawa diagram are both: *

1 point

Flowcharts.

Fishbone diagrams.

Control charts.

Pareto charts.

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? *

1 point

You regard this as bribery or at least as palm greasing and do not pay.

You do not pay, but follow the chain of command and solicit a decision.

You regard it as a facilitation payment and pay the person.

You regard the situation as a gray area and pay through an agent.

A project manager is in the process of scope verification of a deliverable with the customer. What is the MOST important thing the project manager should ensure? *

1 point

Accuracy

Timeliness

Acceptance

Completeness

In risk management, you deal with processes concerned with conducting risk management planning, identification, analysis, responses, and monitoring and control. In this context, all the following statements related to processes used in risk management are correct EXCEPT: *

1 point

Processes interact with each other.

Processes always have discrete elements with well-defined interfaces and never overlap.

Risk management processes interact with processes in other knowledge areas.

Each process generally occurs at least once in every project, and occurs in one or more project phases, if the project is divided into phases.

As a project manager, you realize that managing project stakeholder expectations is an important priority. Which statement on project stakeholders is NOT correct? *

1 point

Negative stakeholders must be ignored if the project has to be successfully completed.

Stakeholders have varying levels of responsibility and authority when participating on a project and these can change over the course of the project life cycle.

Some key stakeholders include project manager, operations management, project team, customers, and sponsor.

Stakeholder expectations may be difficult to manage, because stakeholders often have very different or conflicting objectives.

As part of your duties as a project manager, you make sensitive company data available to a vendor. In this context, which of the following precautions should you take? *

1 point

Insist that the vendor signs a non-disclosure agreement after you release the sensitive information.

Make sure that the vendor receives all the sensitive information in time.

Ensure that the vendor signs non-disclosure agreement before you release the sensitive information.

Monitor the vendor in order to prevent her from sharing the information with her competitors.

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? *

1 point

The probability of changes to strategic goals.

The frequency of changes to strategic goals.

The assessments done should be sufficient.

The probability of the expected cash inflows.

You are in the process of developing the project schedule to determine start and finish dates for project activities. For this purpose, all the following can be used as tools EXCEPT: *

1 point

Critical path method.

Schedule compression.

Scheduling tool.

Schedule baseline.

During Plan Risk Responses process, you realize that there is a 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: *

1 point

Subcontracting the project to an outside vendor.

Developing fallback options.

Allocating contingency reserves.

Reviewing risks driven by strategies.

This is an examination of a work product to determine whether it conforms to documented standards *

1 point

Inspection.

Inventory Management.

Management by Wandering Around.

Management by Objectives

An energy company is investing in a series of initiatives to look for alternative energy sources so that the company can be competitive in 10 years. The initiatives are tracked and managed together because this goal is vital to the success of the company. This is an example of… *

1 point

A portfolio.

A program.

A project.

A enterprise environmental factor.

What is the decomposition process used to develop? *

1 point

Project management plan

Communications management plan

Work breakdown structure

Earned value

A technological advance, legal requirement, or social need refers to: *

1 point

Issues that need to be managed in the project plan.

Environmental factors that usually have detrimental effect on the project.

Risks that have to be managed by the project manager.

Factors contributing to the creation of the business case.

ABC Inc recently signed a contract for nuclear waste disposal from nuclear power plants in your state. During project implementation, some employees of ABC Inc were exposed to a high level of nuclear radiation. ABC Inc now wants to get out of the contract. The only means for either party to exit the contract is by: *

1 point

Getting validation from the U.S. FDA that nuclear waste is dangerous.

Determining that the contract violates applicable law.

Establishing that the company will be under financial difficulties due to labor issues if the project continues.

Declaring the contract null and void.

You are in the planning phase of your project and your project is 5 days behind schedule. The customer has asked you not to create a Communications Management Plan because it is not required for your project. What should you do? *

1 point

Do not create the Communications Management Plan as per the customer request.

Ask for inputs from the sponsor about whether you should create the Communications Management Plan..

Create a Communications Management Plan even though it might mean going against customer wishes..

Use the Communications Management Plan from a previous project so that there are no further delays in the planning process.

All of the following are typical concerns of matrixed team members EXCEPT: *

1 point

Wondering who will handle their evaluations.

Serving multiple bosses.

Developing commitment.

Computing fringe benefits when working on multiple projects.

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