Quiz
PMP Midterm 2 Second 20 Q
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Fragen in diesem Quiz (20)
1You have recently taken over a troubled automobile project which has gone out of control. The project team missed many deadlines and stakeholders were not happy with the project progress. As an experienced project manager, your first priority is to bring the schedule into alignment with the project plan. You would like to use what-if scenario analysis to see how various factors affected the project schedule so that you can develop a plan to reduce the impact of adverse conditions on the project schedule in future. What would be your next course of action once you determine the factors that created schedule overrun?
- APrepare a resource breakdown structure to identify resources used
- BUpdate activity lists to incorporate new activities into the schedule
- CGenerate change requests for a corrective action
- DDevelop project schedule network diagrams to determine the total slack
2You are the project manager of a project and are about to conduct a risk identification exercise in a few days’ time. You would like to proactively remind the participants in the exercise of the various sources from which risk may arise in the project. What could you use to help you do this?
- AA Risk Breakdown Structure (RBS)
- BA Risk Simulation Structure (RSS)
- CA Risk Register
- DAn Impact Matrix
3A buyer and seller are looking at getting into a long-term relationship spanning over 10 years. Both parties would like to be protected from the unstable financial conditions of the country that are beyond their control. What type of contract is appropriate for such a relationship?
- AFixed Price Incentive Fee (FPIF)
- BFirm Fixed Price (FPP)
- CTime & Material (T&M)
- DFixed Price with Economic Price Adjustment Contract (FP-EPA)
4What term defines the work needed to complete a product, service, or result?
- AProduct scope
- BScope creep
- CScope verification
- DProject scope
5Emily is managing the construction of a new office facility for her company. The project is half way through the execution. The project sponsor has asked Emily to ensure that all they key project stakeholders are still committed to the project. How can Emily assess the stakeholders’ current engagement levels?
- ABy analyzing the most recent issue register
- BBy reviewing the Stakeholders Engagement Assessment Matrix last updated during the planning phase of the project
- CBy requesting the key stakeholders to submit a signed declaration of commitment
- DBy communicating and interacting with the key stakeholders
6A team of engineers is reviewing the architecture diagram for a new ERP system being deployed at a large accounting firm. The engineers are discussing the impact of the failure of each node in the diagram on overall availability of the final product. The intent of the discussion is to minimize the likelihood of failure and the effects of any failure. What is this called?
- ASWOT Analysis
- BQuantitative Analysis
- CFailure Mode and Effect Analysis
- DDeming Cycle
7You are a certified PMP, and have been contact by PMI as part of an investigation they are conducting into allegations of improper conduct by your manager, also a PMP. A complaint has been filed stating that your manager has received bribes related to a large procurement contract on another project. PMI has asked if you would be able to provide information regarding this situation. What should you do?
- AConfront your manager.
- BSend PMI project documentation and emails related to the allegations to assist with their investigation.
- CNotify the appropriate management immediately.
- DDo nothing, citing a conflict of interest.
8You are the project manager managing a project to design a print head for dot matrix printers. In order to determine ideal settings for print quality, the quality manager of the company suggests trying out various scenarios for printing by varying certain parameters on the print head. Identifying such variables which influence the product or process under development is called:
- ABenchmarking
- BDesign of Experiments
- CStatistical Sampling
- DBrainstorming
9Midway through a project, a project manager determined that the project was running way behind schedule. If the project manager needs to shorten the project schedule, without changing the project scope, which of the following schedule compression techniques could be applied?
- ACrashing
- BReserve Analysis
- CForecasting
- DLast Tracking
10As a project manager, you are performing various project performance measurements to assess the magnitude of variation. You then attempt to determine the cause and decide whether corrective action is required. This would be known as:
- AScope Analysis
- BVariance Analysis
- CPerformance Reporting
- DConfiguration Management
11A project manager is looking at a make-or-buy analysis as part of the Plan Procurement Management process. What type of costs should the project manager consider for this analysis?
- ADirect costs
- BIndirect costs
- COut-of-pocket costs
- DBoth direct as well as indirect costs
12Jane is the project manager for a healthcare facility construction project. She is currently holding a board briefing and updating the project’s current status to the board members. When Jane was presenting her project risks, the chairman suggested some preventive actions. What should Jane do first?
- AJane should politely deny the request
- BJane should write a change request
- CJane should directly update the project management plan as the request has come from the Chairman
- DJane should escalate the issue to the project sponsor
13During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct?
- AThe EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate.
- BThe EAC forecast is best estimated using the estimate to complete (ETC) work performed considering both SPI and CPI factors.
- CThe EAC forecast is best estimated using the estimate to complete (ETC) work performed at the present CPI.
- DThe EAC forecast is best estimated using the estimate to complete (ETC) work performed at the budgeted rate
14You are managing a medium sized construction project, and are reviewing some invoices from the electrical contractor. You see that materials not required for your project have been included on the invoice. After making a few phone calls it becomes clear that one of your project resources asked one of the vendor’s staff to add a few extra circuits to one part of the building. This change was never approved through the change management process. What do you do?
- ANotify the manager of your project resource that he failed to follow proper processes.
- BRefuse to pay the charges.
- CCall a team meeting to determine how this will impact the project, then inform stakeholders of the impacts.
- DImmediately inform the project stakeholders of the unauthorized scope change. Then call a team meeting to determine the impact to the project.
15The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be $ 275,000. What is the limit that the project manager usually imposes on the actual cost (AC)?
- AThe AC is usually limited to twice the planned value.
- BThe AC will not have an upper limit.
- CThe AC is usually limited to thrice the planned value.
- DThe AC is usually limited to 1.5 times the planned value
16The selection of life cycle for the project, the processes to be applied to each phase, and the results of the tailoring by the project management team are usually found in the:
- AProject scope statement
- BProject management plan
- CProject schedule
- DProject charter
17A project consists of multiple phases. Which of the following is a valid statement and applies to each phase of the project?
- AEach phase is generally concluded with a review of the work accomplished but is only closed if the next phase has already been started.
- BEach phase of the project is considered complete when the project sponsor signs off on that phase of the project.
- CEach phase of the project is generally concluded with a review of the work accomplished and deliverables to determine acceptance and whether the phase should be considered closed.
- DEach phase is generally concluded with a review of the work accomplished. A phase is never considered complete until the end of the project when the entire project can be deemed complete.
18You are a project manager who is in charge of an important project for your company. The project is 40% complete after 3 months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last 8 months. How is the project performing?
- AThe project is behind schedule and over budget.
- BThe project is ahead of schedule and under budget
- CThe project is behind schedule and under budget.
- DThe project is ahead of schedule and over budget
19The manager of a project, that your company is running in another country, is at the corporate headquarters for a company-wide project management meeting. During a break, you overhear the project manager discussing payments made to local municipal governments for construction permits for his project. Your company has a strict policy about paying or taking bribes. What should you do?
- AReport him to PMI.
- BReport him to his manager.
- CNotify his project stakeholders.
- DDo nothing.
20Many project managers have seen a graph which shows “Influence of Stakeholders” starting out high and declining as the project progresses. Conversely, it shows the “Cost of Changes” starting out low and increasing as the project progresses. What is the key message a project manager should obtain from this graph?
- AStakeholder influence is not important at the end of the project.
- BChanges should be made as early in the project as possible.
- CMoney should be set aside for expected changes at the end of the project.
- DThe project should be placed on hold until all changes are made
Informationen
- Beschreibung
- Second 20 Q
- Autor
- abdulaziz zaid
- Sprache
- English
- Aufrufe
- 302
- Schlagwörter
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