Enrique Gomez
Quiz by , created more than 1 year ago

Prep 2

303
0
0
Enrique Gomez
Created by Enrique Gomez over 4 years ago
Close

Prep 2

Question 1 of 150

1

Which of the following is NOT an organizational process asset update during Close Project or Phase Process?

Select one of the following:

  • a. Historical information.

  • b. Final deliverable.

  • c. Formal acceptance forms.

  • d. Project files.

Explanation

Question 2 of 150

1

Project Manager and Operations can intersect during:

Select one of the following:

  • a. Ending of each phase or iteration.

  • c. During each project team evaluation.

  • d. Only during final training.

Explanation

Question 3 of 150

1

A project manager wants to determine how his Project is doing at the end of sixth month. The actual total expense of the Project is $720,000. He have work for $620,000. The planned Budget for this length of time was $600,000. He finds that:

Select one of the following:

  • a. There is not enough information to determine how the Project is doing.

  • b. The project is slightly ahead and cost overrun.

  • c. The Project is behind schedule and with savings.

  • d. The Project is on track.

Explanation

Question 4 of 150

1

Influencing and Negotiation are examples of:

Select one of the following:

  • a. Conflict management.

  • b. Project performance appraisals

  • c. .Interpersonal skills.

  • d. Problem solving

Explanation

Question 5 of 150

1

You are the Project manager for employee time management Project. As part of the work, the Project team is considering four different applications providing different functionality and reports. Which of the following will be you biggest concern?

Select one of the following:

  • a. Schedule delay.

  • b. Scope creep.

  • c. Low quality.

  • d. Over Budget.

Explanation

Question 6 of 150

1

An estimating technique that uses a statistical relationship between historical data and other variables (for example, square footage in construction, lines of code in software development) is known as:

Select one of the following:

  • a. Parametric Estimating

  • b. Analogous Estimating

  • c. Bottom-up Estimating

  • d. Historical Analysis

Explanation

Question 7 of 150

1

Success of which of the following is measured in terms of benefits realization?

Select one of the following:

  • a. Operations

  • b. Portfolios

  • c. Programs

  • d. Projects

Explanation

Question 8 of 150

1

Which of the following is NOT a valid tool for risk identification??

Select one of the following:

  • a. The Delphi Technique

  • b. Assumptions analysis

  • c. Pareto chart

  • d. SWOT analysis

Explanation

Question 9 of 150

1

While a Project management plan is one of the primary documents, other documents are used to direct support it. Some of them are:

Select one of the following:

  • a. Quality management plan

  • b. Basis of estimates, cost and schedule forecast, Issue log.

  • c. Process improvement plan

  • d. Requirements management plan and Configuration management plan.

Explanation

Question 10 of 150

1

You are the Project manager of a software development project that has an approved Budget of $2,000,000. The Project started six months ago and has a total actual cost of $650,000 till now. After six months, the project suffered a really big change. The team must begin again analysis phase. The $650,000 is:

Select one of the following:

  • a. Design cost.

  • b. Earned Value.

  • c. Sunk cost.

  • d. Cost variance.

Explanation

Question 11 of 150

1

All of the following are required to establish cost baseline EXCEPT:?

Select one of the following:

  • a. Estimate Activity Resources

  • b. Control Cost

  • c. Estimate Cost

  • d. Determine Budget

Explanation

Question 12 of 150

1

You were invited to a meeting by a manager. When you entered the room you saw sitting there the key user working on your Project. The manager tells you that she has discusssed with the key user a change to the functionality being developed by your Project: they both agree that it should be changed from manual entry to system generated entry. He then asks you to fill out the required form and get it signed. What is going on?

Select one of the following:

  • a. You are working like Coordinator

  • b. The management is actively involved in the Project.

  • c. This is a good example of integrated change control.

  • d. Manager is concerned with satisfying key stakeholders.

Explanation

Question 13 of 150

1

Thinking about identification of stakeholders for a project, which of the following statements is incorrect?

Select one of the following:

  • a. Project may get into trouble if negative stakeholders are ignored.

  • b. Stakeholders with a positive approach help project manager succeed.

  • c. Stakeholders only can be individuals who participate in project task, like project team.

  • d. Various stakeholders may have opposing views on a project.

Explanation

Question 14 of 150

1

A project manager works with various stakeholders including stakeholders who do not support the project, mainly to overcome the resistance and gain the trust of those stakeholders. Which of the following skills did he use?

Select one of the following:

  • a. Management

  • b. Negotiating

  • c. Interpersonal.

  • d. Writing

Explanation

Question 15 of 150

1

Which of the following BEST describes the difference between Project management process groups and Project life cycle phases?

Select one of the following:

  • a. Project phases are repeated in Project management process groups but may also continue from one Project management process group to another.

  • b. Project management process groups are used in waterfall while Project phases are used in iterative.

  • c. Project management process groups are repeated in Project phases

  • d. Project management process groups and Project phases are the same thing.

Explanation

Question 16 of 150

1

The configuration management system with integrated change control provides a standaridized, effective and efficient way to centrally manage approved changes and baselines within a project. Configuration control is focused on:?

Select one of the following:

  • a. Identification and correction of problems arising in functional areas of project implementation.

  • b. Specification of both the deliverables and de processes while change control is focused on identifying, documenting and controlling changes to the project and the product baselines.

  • c. Test new systems.

  • d. Identifying, documenting, and controlling changes to the project and the product baselines while change control is focused on the specification of both the deliverables and the processes.

Explanation

Question 17 of 150

1

A organizational structure is

Select one of the following:

  • a. Part of the operation processes.

  • b. Part of the organizational system

  • c. An Organizational Process Asset.

  • d. A topic which depends of the project.

Explanation

Question 18 of 150

1

If you are looking at the work performance data to determine the project’s performance, what should you do NEXT?

Select one of the following:

  • a. Update the lessons learned document.

  • b. Identify areas of improvement and create corrective actions.

  • c. Send the information to project sponsor

  • d. Compare the information you receive of the team performance with baselines and identify variances.

Explanation

Question 19 of 150

1

A project manager has just started a newly selected project and going through initial meeting with sponsor and other key stakeholders. One VicePresident (VP) who is a key stakeholder wants to know in this moment how much the project will cost and how long it will take. The project manager has just initiated the project and does not have details but still provides an estimate to the VP. Which technique did he use?

Select one of the following:

  • a. Parametric estimate

  • b. Analogous estimate

  • c. Bottom- Up estimate

  • d. Ball park or personal estimate

Explanation

Question 20 of 150

1

To maintain the project scope under control, the project manager need to use:

Select one of the following:

  • a. Documentation.

  • b. Inspection

  • c. Audits

  • d. Variance Analysis

Explanation

Question 21 of 150

1

A Project manager is in a meeting, trying to understand the governmental regulations use of water in this region. This is an example of:

Select one of the following:

  • a. Enterprise environmental factor.

  • b. A Project.

  • c. Government requirement.

  • d. A program.

Explanation

Question 22 of 150

1

There is a serious defect in the finished product of a project that was completed a few months back and this results in a recall campaign to recall the defective products. What would be the best classification for these types of costs?

Select one of the following:

  • a. Cost of Defects

  • b. Replacement of Costs

  • c. Recall Costs

  • d. Cost of Quality

Explanation

Question 23 of 150

1

Which of the following is NOT an input to the Conduct Procurements?

Select one of the following:

  • a. Activity Cost Estimating.

  • b. Source selection criteria.

  • c. Procurement statement of work.

  • d. Make -or-buy analysis.

Explanation

Question 24 of 150

1

All of the following activities are included in Direct and Manage Project Work except:

Select one of the following:

  • a. Create project deliverables.

  • b. Obtain, manage and use resources.

  • c. Establish communication channels external and internal to the project team.

  • d. Determine stakeholder communication requirements according to organizational culture.

Explanation

Question 25 of 150

1

Which process includes the implementation of the approved changes to achieve the project objectives?

Select one of the following:

  • a. Perform Integrated Change Control

  • b. Monitor and Control Project Work

  • c. Direct and Manage Project Work

  • d. Develop Project Management Plan

Explanation

Question 26 of 150

1

Which of the following is an input to Control Stakeholder Engagement process?

Select one of the following:

  • a. Work performance report

  • b. Work performance information

  • c. Work performance data

  • d. Work performance analysis.

Explanation

Question 27 of 150

1

In order to calculate the estimate at completion (EAC), the following is typically needed:?

Select one of the following:

  • a. Cost Performance Index (CPI) and the Actual Cost (AC)

  • b. Actual Cost (AC) and Estimate to Complete (ETC) the unfinished work.

  • c. Earned Value (EV) and the Actual Cost (AC).

  • d. Cost Performance Index (CPI), actual cost (AC), and the Earned Value (EV).

Explanation

Question 28 of 150

1

The project team has just started breaking down the components of the Web development project in to smaller pieces that can easier manage. After doing this, what level of decomposition will they ultimately stop at:

Select one of the following:

  • a. Validate Scope

  • b. Define Scope

  • c. Work packages

  • d. Define activities

Explanation

Question 29 of 150

1

A Project manager have the responsability to satisfy the needs of?

Select one of the following:

  • a. Task needs, team needs and individual needs.

  • b. Excursively the customer needs.

  • c. The needs that sponsor defined.

  • d. The needs of team.

Explanation

Question 30 of 150

1

You have a seller working on a Time and Material contract. As per contract, two resources will work for 12 months on the project for a total cost of $180,000. However, the project took longer than expected and by the time it was completed, the two resources have been on the project for 18 months with a total cost of $250,000. What went wrong?

Select one of the following:

  • a. Just like an initiative for finishing earlier, a penalty should have been proposed for delay

  • b. A maximum amount and time limit should have been established under the contract.

  • c. Fixed price contract, which is good for these kind of situations, should have been used.

  • d. Nothing went wrong since this was Time and Material contract under which resources charged for the time they worked on the project.

Explanation

Question 31 of 150

1

What is an histogram?

Select one of the following:

  • a. An Histogram is the same as a Pareto chart and shows the aggregation of defects

  • b. An Histogram is a pie chart that shows the distribution of inspections during the execution phase

  • c. An Histogram is a bar graph that shows data out of control

  • d. An Histogram can show the number of defects by source or by component.

Explanation

Question 32 of 150

1

Which of the following is the information about the group of stakeholders included in the project charter?

Select one of the following:

  • a. Stakeholders who are very interested in the project.

  • b. Stakeholders who will be directly involved in the project work.

  • c. Stakeholders who are affected by the project.

  • d. Executive level stakeholders.

Explanation

Question 33 of 150

1

A project manager is analyzing and evaluating non-conformities. He is planning to use the 80/20 principle. What does this represent?

Select one of the following:

  • a. 80% of the problems are caused by 20% of the causes

  • b. 80% of the problems can be resolved while the remaining 20% have no solution

  • c. 20% of the problems can be resolved while the remaining 80% have no solution

  • d. 20% of the problems are caused by 80% of the causes

Explanation

Question 34 of 150

1

A project implemented several steps to improve customer satisfaction but the result from the next survey remained the same as before. How can the results be analyzed to find out why the steps did not make any improvement?

Select one of the following:

  • a. Draw a control chart to see how many surveys results are outside limits.

  • b. Using root cause analysis to find what is still causing customer dissatisfaction.

  • c. Create a Pareto Chart to see what is the biggest dissatisfaction customer is having.

  • d. Perform quality audit to verify quality measurements.

Explanation

Question 35 of 150

1

You are the project manager of a project and have come up with a bar graph of problems and their frequencies. This kind of chart is called a :?

Select one of the following:

  • a. Deming chart

  • b. Pareto chart

  • c. Ishikawa diagram

  • d. Control chart

Explanation

Question 36 of 150

1

A project-s approved Budget is $250,000 and planned Budget to date is $150,000, Actual Cost is $130,000. What will be the Cost Performance Index when Schedule Performance Index is 0.8?

Select one of the following:

  • a. 120,000

  • b. 30,000

  • c. 1.08

  • d. 0.92

Explanation

Question 37 of 150

1

Disputes may arise between a buyer and a seller on a contract. There are several techniques that can be used to resolve such disputes. Which of the following is the sequence from most favorable to leas favorable technique to be used?

Select one of the following:

  • a. Litigation, Mediation, Arbitration, Confirmation,

  • b. Negotiation, Mediation, Arbitration, Litigation.

  • c. Negotiation, Escalation, Mediation, Arbitration.

  • d. Negotiation, Arbitration, Mediation, Litigation.

Explanation

Question 38 of 150

1

Which of the following is an input to Manage Team?

Select one of the following:

  • a. Project assignments defining the specific roles of the team.

  • b. Change request.

  • c. Work performance data.

  • d. Work performance standards.

Explanation

Question 39 of 150

1

A common way of representing the stakeholder management strategy is a _____________.?

Select one of the following:

  • a. Communication strategy

  • b. Stakeholder register

  • c. Stakeholder analysis matrix

  • d. Power/interest grid

Explanation

Question 40 of 150

1

You are managing a gas pipeline river crossing project. The project involves drilling piles in the river bed to build a bridge to cross the gas pipeline over the river. The company have three large trailers for project execution. This trailers are consider:

Select one of the following:

  • a. An organizational process asset of Direct and Manage Project Work.

  • b. Part of the seller equipment.

  • c. An Enterprise Environmental Factor of Direct and Manage Project Work.

  • d. A contingency reserve.

Explanation

Question 41 of 150

1

A market demand, a business need, and/or legal requirement are examples of:

Select one of the following:

  • a. Reasons to hire a project manager

  • b. Reasons projects are iniciated

  • c. Reasons people or businesses become stakeholders

  • d. Reasons to sponsor a project

Explanation

Question 42 of 150

1

A project schedule has activities and milestones. What do you know about milestones?

Select one of the following:

  • a. Activities are summed up into milestones.

  • b. Milestones are required to created a valid schedule.

  • c. WBS work packages are also know as milestones.

  • d. Milestones can be a sponsor’s requirements.

Explanation

Question 43 of 150

1

Which of the following normally provides the summary milestone schedule?

Select one of the following:

  • a. Project requirements document.

  • b. Business case.

  • c. Project scope statement.

  • d. Project charter.

Explanation

Question 44 of 150

1

Mr. PM has been working on the Enterprise learning management system Project for 10 months with a fairly large team. Yesterday, the new system was made available to the whole organization with only one glitch viz. The mass email with incorrect login and password was sent out to all the employees. The Project team worked on the issue diligently and within 4 hours sent out the correct email to everyone. Mr. PM met his manager on his way to the office this morning. The manager remarked “I am very disappointed”. What could be the reason?

Select one of the following:

  • a. Mr. PM did not go through Integrated Change Control Process to fix the issue.

  • b. Mr. PM did not mention his manager«s name in the email sent out to the whole organization thanking the team for hard work.

  • c. The manager had received regular updates from Mr. PM on the preventive measures being taken to ensure email goes out smoothly to the whole organization but still a supposedly prevented defect occurred.

  • d. Mr. PM did not ask manager`s permission if the problem should be fixed or not.

Explanation

Question 45 of 150

1

You are the Project manager for process automation project of a fast food company with 20 restaurants. As part of the work, the project team is collecting requirements of different functionality. Which of the following will be you biggest concern?

Select one of the following:

  • a. Schedule delay.

  • b. Scope creep.

  • c. Quality assurance.

  • d. Close Procurements.

Explanation

Question 46 of 150

1

The inflation in a country is an important aspect when sponsor and project manager are reviewing a Project Charter. It is consider:

Select one of the following:

  • a. A requirement of the project success.

  • b. A measurable objective.

  • c. An Organizational Process Asset.

  • d. An Enterprise Environmental Factor.

Explanation

Question 47 of 150

1

The Cost Performance Baseline is a time phased budget and is used as a basis to measure, monitor and control overall cost performance of the project. It is usually displayed in the form of:?

Select one of the following:

  • a. A Z curve

  • b. An inverted S curve

  • c. Pie-chart

  • d. An S-curve

Explanation

Question 48 of 150

1

A Project manager is managing three project simultaneously. These three projects, A, B, and C are related to each other, Project A is to customize a software application X, Project B is to deploy X to the whole organization and C is to train users according to their roles in X. How would you describe the situation??

Select one of the following:

  • a. This is an operational work and should not be considered Project.

  • b. He is managing one Project, which has three phases.

  • c. Project B should start after Project A and Project C after Project B.

  • d. He is managing a program with three inter-related projects.

Explanation

Question 49 of 150

1

What does consultants, professionals and technical associations provide during project execution?

Select one of the following:

  • a. Deliverable status

  • b. Work performance data

  • c. Expert judgment

  • d. Issue management procedures

Explanation

Question 50 of 150

1

What is the process of random selection and inspection of a work product?

Select one of the following:

  • a. Control Charting

  • b. Flow Charting

  • c. Statistical Sampling

  • d. Inspection

Explanation

Question 51 of 150

1

A project manager issued a purchase order to a seller to provide catering service during a major event. The event is three day meeting to be held for requirements gathering. The project manager is in which of the following processes?

Select one of the following:

  • a. Plan Procurement Management

  • b. Prepare Procurements

  • c. Conduct Procurements

  • d. Control Procurements.

Explanation

Question 52 of 150

1

Which of the following processes best facilitates lessons learned document?

Select one of the following:

  • a. Plan Communications Management.

  • b. Identify Stakeholders.

  • c. Manage Quality

  • d. Plan Quality Management.

Explanation

Question 53 of 150

1

The team is in the process of completing the Work Breakdown Structure of the project. Once they have completed this, which of the following can they begin to work on?

Select one of the following:

  • a. Estimate Cost

  • b. Develop Schedule

  • c. Estimate Activity Durations

  • d. All of the answers

Explanation

Question 54 of 150

1

What tool does Project Manager could use if he wants to reduce the sensivility of product performance to variations caused by environmental differences?

Select one of the following:

  • a. Design of Experiments (DOE)

  • b. Benchmarking

  • c. Statistical Sampling

  • d. Pareto Diagram

Explanation

Question 55 of 150

1

A project's approved Budget is $250,000 and planned Budget to date is $150,000. What will be the Schedule Variance when Schedule Performance Index is 0.8?

Select one of the following:

  • a. 50,000

  • b. 30,000

  • c. -50,000

  • d. -30,000

Explanation

Question 56 of 150

1

A team member is really confused about the priorities of their assigned job because he receives orders from Project Manager and from functional Manager, and doesn't know to whom listen. He is living the typical effect of:

Select one of the following:

  • a. The Matrix structure in organization communication problems.

  • b. The organizational process assets of the project.

  • c. The inexperience.

  • d. The lack of requirements management process.

Explanation

Question 57 of 150

1

Which of the following is NOT a typical characteristic of a project management office (PMO)?

Select one of the following:

  • a. Developing and managing project management methodology and standards.

  • b. Coaching and training project managers.

  • c. Managing projects resources and assigning project tasks.

  • d. Defining and maintaining vendor engagement processes.

Explanation

Question 58 of 150

1

Which is the main difference between project expediter and project coordinator??

Select one of the following:

  • a. The expediter have more responsibility than the coordinator

  • b. A project expediter works as staff assistant and coordinator works in operational activities.

  • c. Project coordinators have power to make some decision, have some authority

  • d. Project coordinator have less work than project expediter.

Explanation

Question 59 of 150

1

What is the output of a decision tree analysis?

Select one of the following:

  • a. List of decisions that can be made.

  • b. Expected monetary value of each option.

  • c. Recommended corrective actions.

  • d. Cost of managing the risk that was analyzed,

Explanation

Question 60 of 150

1

Your project has completed its 50% deliverables and is in the middle of execution. You created a stakeholder register during initiating process which was then used to create a stakeholder management strategy. You have been managing stakeholders according to this strategy. Now, you have recently become aware of a highly influential stakeholder that has not been identified in the stakeholder register. What is the BEST course of action?

Select one of the following:

  • a. Ask the project sponsor if this person be included in the stakeholder register.

  • b. Send a request to senior management asking for direction.

  • c. Update stakeholder register and stakeholder management strategy with the new information.

  • d. Inform the stakeholder that it is too late for him to be involved in the project as the stakeholder register was completed during initiating process.

Explanation

Question 61 of 150

1

You are a Project manager working on new product development Project. You have a long-term contract with a reputed seller. Under the contract, the seller is charging you $50 per hour per resource engaged on your Project and $200 per week as overhead charges. You have a ­­­­­­­­­____________ contract with the seller.?

Select one of the following:

  • a. Cost reimbursable.

  • b. Fixed Price.

  • c. Time and material.

  • d. Cost plus fixed fee.

Explanation

Question 62 of 150

1

Which of the following is an input to Control Stakeholder Engagement process??

Select one of the following:

  • a. Work performance report

  • b. Work performance information

  • c. Work performance data

  • d. Work performance analysis.

Explanation

Question 63 of 150

1

A project manager is unsure of the difference between precision and accuracy and asks for your help in understanding the difference between the two terms. Which of these responses would be the best response to such a question?

Select one of the following:

  • a. Precision is consistency that the value of a repeated set of measurements are clustered and have little scatter whereas accuracy is correctness that the measured value is very close to the true value

  • b. Accuracy is consistency that the value of a repeated set of measurements are clustered and have little scatter whereas precision is correctness that the measured value is very close to the true value

  • c. Accuracy and Precision are equivalent and normally specified in the SOW by the customer who issues the SOW

  • d. Accuracy is more important than precision. The project management team must decide the level of accuracy required

Explanation

Question 64 of 150

1

Which is one objective of Critical Path Method (CPM)?

Select one of the following:

  • a. Define the possible activity paths in the project.

  • b. Determine the amount of scheduling flexibility .

  • c. Identify the resources needed in critical activities.

  • d. Identify the most important activities, for example, director meetings.

Explanation

Question 65 of 150

1

ABC company is a important manufacturing firm. They are looking for a experiment project manager for a critical project . They consult to you about that aspects the firm should consider in order to evaluate candidates for this important position. What recommendation would you do to them:

Select one of the following:

  • a. To apply a really difficult knowledge exam to evaluate his knowledge in project management.

  • b. Prepare a real case and stress the candidate to evaluate his leadership in real situations. Personal skills are really important.

  • c. Evalate his conflict resolution habilities, because projects are conflictive situations, mainly during execution phase, when project plan could change.

  • d. To evaluate his knowledge in project management, their experience in applying this knowlege in real projects and his personal competences like leadership, communications, etc.

Explanation

Question 66 of 150

1

For effective risk management, project risk ______________.?

Select one of the following:

  • a. Should be identified whether they are expected to have positive or negative outcome.

  • b. Acceptance is the best strategy.

  • c. Should be identified, deeply analyzed and responded at the beginning of the project.

  • d. Should continue to be tracked even after it has occurred.

Explanation

Question 67 of 150

1

Project manager and his team is talking about the stakeholders management and the must important objective of that. They conclude to assign more priority to:

Select one of the following:

  • a. Visit all stakeholders identified to report project status

  • b. Send reports to key stakeholders.

  • c. Avoid conflicts among stakeholders.

  • d. Compromise them and manage their satisfaction.

Explanation

Question 68 of 150

1

Which of the following are part of the Organizational Process Asset of Direct and Manage Project Work:

Select one of the following:

  • a. Organizational culture.

  • b. Infrastructure, existing facilities and capital equipment.

  • c. Stakeholder risk tolerances.

  • d. Communication requirements defining allowed communication media, record retention and security requirements.

Explanation

Question 69 of 150

1

When managing a medical research project, what should you focus on during the Executing processes?

Select one of the following:

  • a. Measuring progress.

  • b. Performing the Project work.

  • c. Conflict resolution.

  • d. Coordinating human and other resources.

Explanation

Question 70 of 150

1

Organizational Process assets that are updated during the Close Project or Phase process are:?

Select one of the following:

  • a. Business case.

  • b. Project management plan, expert judgment.

  • c. Project management plan, project calendars

  • d. Project charter

Explanation

Question 71 of 150

1

Which of the following will have the BIGGEST impact in making project a success?

Select one of the following:

  • a. Expert level technical knowledge.

  • b. Clear roles and responsibilities.

  • c. Co-located project team

  • d. Highly experienced project manager

Explanation

Question 72 of 150

1

What is an output of the Close Procurements process that the buyer provides to the seller?

Select one of the following:

  • a. A copy of the lessons learned document

  • b. Written notice of acceptance of all deliverables and completion of contract.

  • c. Project management plan updates

  • d. Letter of appreciation to the seller.

Explanation

Question 73 of 150

1

You and your team celebrate, as part of the management process, a weekly meeting to review their practices about work, communication and project team management. The main objective of it is:

Select one of the following:

  • a. To gain confidence from the key stakeholders

  • b. To evaluate the team

  • c. To achieve the project objectives and contribute to organizational learning.

  • d. To collect work performance data.

Explanation

Question 74 of 150

1

A project manager is working on office space refresh project. While using earned value technique, he determines that the project will run over budget by $2,000 if current performance trend continues. The project manager has used ­­­­­­­­­­___________ characteristics to identify the issue.?

Select one of the following:

  • a. Interpersonal

  • b. Knowledge

  • c. Problem solving

  • d. Earned Value.

Explanation

Question 75 of 150

1

When the project manager is looking for providers, one source selection criteria are all except:

Select one of the following:

  • a. Management approach and experience

  • b. Past performance and references.

  • c. The format of SOW they use.

  • d. Product cost and life cycle cost

Explanation

Question 76 of 150

1

The technique of comparing actual or planned project practices to those of other projects to generate ideas for improvement and to provide a basis by which to measure performance is known as:?

Select one of the following:

  • a. Workbench

  • b. Benchmarking

  • c. Quality Control

  • d. Best Practices

Explanation

Question 77 of 150

1

A project manager wants to determine how his Project is doing at the end of sixth month. The actual total expense of the Project is $720,000. The planned Budget for this length of time was $600,000. He finds that:

Select one of the following:

  • a. The Project is over-budget.

  • b. There is not enough information to determine how the Project is doing.

  • c. The Project is a head of Schedule.

  • d. The Project is on track.

Explanation

Question 78 of 150

1

Status reports, memos and information notes are examples of:

Select one of the following:

  • a. Work Performance Information.

  • b. Project management Plan Updates.

  • c. Work performance reports.

  • d. Project Management Information System (PMIS).

Explanation

Question 79 of 150

1

A project is estimated to cost $50,000 with a timeline of 50 days. After 25 days, the porject manager finds that 50% of the project is complete and Actual costs are $50,000. What is the Cost Performance Index (CPI)?

Select one of the following:

  • a. CPI is 1

  • b. CPI is 1.5

  • c. CPI is 2

  • d. CPI is 0.5

Explanation

Question 80 of 150

1

Which of the following is NOT a valid tool for risk identification?

Select one of the following:

  • a. Braingstorming

  • b. Assumptions analysis

  • c. Histogram chart

  • d. SWOT analysis

Explanation

Question 81 of 150

1

If a project’s actual total cost is $300,000 against a total budget of $400,000 and the project is 75% complete, then what is the earned value?

Select one of the following:

  • a. Cannot be determined from the information given.

  • b. 0.75

  • c. 300,000

  • d. 100,000

Explanation

Question 82 of 150

1

A project manager has been assigned to a project that is in trouble. He is going to focus his attention on:

Select one of the following:

  • a. Controlling procurement.

  • b. Schedule because on-time delivery is most important.

  • c. Communication because good communication ensure Project success.

  • d. Factors that have the biggest impact on meeting Project objectives.

Explanation

Question 83 of 150

1

Business value is defined as:

Select one of the following:

  • a. The cost of their buildings, infrastructure and furniture.

  • b. The net quantifiable benefit derived from a business endeavor. The benefit may be tangible, intangible or both.

  • c. The knowledge base and the experience of the project team

  • d. The cash flow at the end of the project.

Explanation

Question 84 of 150

1

Which of the following is NOT an input to the Plan Procurement Management Process?

Select one of the following:

  • a. Work performance data

  • b. Project scope statement

  • c. Work breakdown structure

  • d. Stakeholder register

Explanation

Question 85 of 150

1

Which of the following statements is TRUE concerning functionality that is over and above the documented scope?

Select one of the following:

  • a. It should be channeled back through the change control board to ensure that it gets documented into the project scope

  • b. Additional functionality should be leveraged to exceed customer expectations.

  • c. The final product should include all the functionality and only the functionality documented in the scope baseline.

  • d. Additional functionality should be issued by the customer, reviewed by the project manager and approved for implementation.

Explanation

Question 86 of 150

1

One of the inputs you need to close a project is:
Direct and Manage project work activities include?

Select one of the following:

  • a. Document analysis

  • b. Variance analysis

  • c. A final report

  • d. Configuration management knowledge base

Explanation

Question 87 of 150

1

All of the following are correct statements about the contract change control system EXCEPT:?

Select one of the following:

  • a. Buyer and seller both can submit a change request to the contract change control system.

  • b. Contract change control system is mainly used during the Control Procurements process

  • c. Contract change control system should be defined separately from the terms of the contract.

  • d. Contract change control system is an Enterprise Environmental Factor, and is part of the Project’s integrated change control system.

Explanation

Question 88 of 150

1

The project manager and the project management team are in a meeting reviewing the scope baseline and the validated products to ensure competition of the project, and use for it a trend analysis method. Which process are the project manager doing?

Select one of the following:

  • a. Validate Scope.

  • b. Define Scope.

  • c. Perform Integrated Change Control.

  • d. Close Project or Phase.

Explanation

Question 89 of 150

1

When an organization rejects a project because it is not aligned to its strategy, they:

Select one of the following:

  • a. Improve their revenue.

  • b. Reject a non profit projects.

  • c. Improve business value using Portfolio Mangement techniques.

  • d. Adverse to risk.

Explanation

Question 90 of 150

1

All of the following are characteristics of the project management information system (PMIS) EXCEPT:

Select one of the following:

  • a. Inculde a standardized set of automated tools available within the organization and integrated into a system.

  • b. It is used by the project management team to support generation of the project management plan, facilitate feedback as the document is developed, control changes to the project management plan, and release the approved document.

  • c. It is used by the project management team to monitor and control the execution of activities that are planned and scheduled in the project management plan. The PMIS is also used to create new forecasts as needed.

  • d. It is used by the project management team only to generate presentations to key stakeholders.

Explanation

Question 91 of 150

1

Funding requirements for a project are usually in incremental amounts that are not continuous , and these appear as a step function in the graph depicting Cash flow, Cost baseline and Funding. Any gap at the end of the project, between funds allocated and the cost baseline and cash flow amounts represents:

Select one of the following:

  • a. The amount of management reserve that was not used

  • b. The amount of management reserve that was not allocated

  • c. The cost overrun

  • d. Innefective utilization of funds

Explanation

Question 92 of 150

1

You are the Project manager of a design build Project that has an approved Budget of $1,000,000. The Project started eight months ago and has a total actual cost of $650,000 till now. The $650,000 is the:

Select one of the following:

  • a. Design cost.

  • b. Earned Value.

  • c. Expended cost.

  • d. Cost variance.

Explanation

Question 93 of 150

1

A finales del mes de marzo, con unos seis meses de ejecución del proyecto, el cliente nos solicita comparar el desarrollo del trabajo con la línea base. Esta línea base servirá para realizar la comparación en el/los proceso/s de:?

Select one of the following:

  • a. Validar el Alcance

  • b. Controlar el Alcance

  • c. Validar el Alcance y Controlar el Alcance

  • d. Revisar el Alcance y análisis de stakeholders

Explanation

Question 94 of 150

1

Lucy is a project manager involved in the Estimate Costs process in the initiation phase of a project. Given the limited detail available to her, what would you expect the range of her estimate to be and what would you call such an estimate?

Select one of the following:

  • a. -25% to +25%, Rough Order of Magnitude

  • b. -10 to +10% , Budgetary

  • c. -1% to +1%, Definitive

  • d. -25% to +75% , Order of Magnitude

Explanation

Question 95 of 150

1

A business case includes all of the follow, except:

Select one of the following:

  • a. Business needs

  • b. Analysis of the situation

  • c. Organizational culture.

  • d. Options identification

Explanation

Question 96 of 150

1

You are a project manager working on a global project with project team members distributed in four continents. Which of the following can help you the MOST to be successful?

Select one of the following:

  • a. Knowledge of local languages and customs

  • b. Instant messaging & email

  • c. Well developed virtual communications skills

  • d. Responsibility Assignment Matrix.

Explanation

Question 97 of 150

1

Mr. PM and the project management team are learning project management best practices. The team are performing really well. They celebrated only one stakeholders identification session before project kick off. Their mentor is not satisfied with stakeholder management practices mainly because:

Select one of the following:

  • a. Project Management Team didn`t identify all stakeholders.

  • b. Mr. PM did not explain to stakeholders the integrated change control.

  • c. Mr. PM and the team celebrated stakeholder identification only one time and this proces must be a continuous process throughout the project.

  • d. Mr. PM didn´t asked manager`s permission to change stakeholder list.

Explanation

Question 98 of 150

1

If you have to choose one of the following as NOT being a project, which one will it be??

Select one of the following:

  • a. Building a 10 ft. x 15 ft. shed in your backyard.

  • b. Creating a project management office in the IT department.

  • c. Increasing parking spaces from 300 to 400 in a parking lot.

  • d. Shipping 10 times larger than usual order received through internet.

Explanation

Question 99 of 150

1

Which of the following tools is used during Plan Quality?

Select one of the following:

  • a. Control Charts

  • b. Scatter Diagram

  • c. Mind maping

  • d. Cause and Effect Diagram

Explanation

Question 100 of 150

1

Thinking about identification of stakeholders for a project, which of the following statements is incorrect?

Select one of the following:

  • a. Project may get into trouble if negative stakeholders are ignored.

  • b. Stakeholders with a positive approach help project manager succeed.

  • c. Various stakeholders may have opposing views on a project.

  • d. Manage the expectations of positive stakeholders should have a higher priority than the negative stakeholders.

Explanation

Question 101 of 150

1

Which one of the following is NOT an input to Develop Project Charter process?

Select one of the following:

  • a. Enterprise environmental factors

  • b. Expert judgment

  • c. Business case

  • d. Statement of work

Explanation

Question 102 of 150

1

Which project management process will you use if you find out that the task needed to accomplish a work package are not valid?

Select one of the following:

  • a. Integrated change control

  • b. Corrective action

  • c. Preventive action

  • d. Monitor and control project work

Explanation

Question 103 of 150

1

The project team has decided that a preventive action must be taken to solve an possible deviation. What are they referring to?

Select one of the following:

  • a. They are referring to an activity that can help eliminate performance of the desired state.

  • b. They are referring to an activity that can help lessen the chances of negative outcomes of actions.

  • c. They are referring to an activity that can help repair the chances of negative impacts.

  • d. They are referring to an activity that can help improve performance back to the desired state.

Explanation

Question 104 of 150

1

What is an output of Control Procurements process?

Select one of the following:

  • a. Work performance report

  • b. Work performance information

  • c. Resource calendars

  • d. Source selection criteria

Explanation

Question 105 of 150

1

As Project manager for a new product development Project, you read a report on hot costumer trends for the next decade. You realize that your product lacks some of those aspects. After review and discussion with the business and the marketing department, changes were approved to the product specifications. Why did this charge occur?

Select one of the following:

  • a. Because an external factor has impacted your Project.

  • b. Because scope was not well defined.

  • c. Because your Project Budget does not allow lavish spending

  • d. Because requirements were incorrect

Explanation

Question 106 of 150

1

What happens in the Monitor and Control Project Work process?

Select one of the following:

  • a. Planned work as per Project management plan is completed.

  • b. Actual project performance is compared with the baselines.

  • c. Actual project performance is compared with schedule performance baseline.

  • d. Planned Project performance is compared with the Budget baseline.

Explanation

Question 107 of 150

1

Which of the following relates to Root Cause Analysis?

Select one of the following:

  • a. Process Analysis

  • b. Performance Measurements

  • c. Quality Audits

  • d. Quality control measurements

Explanation

Question 108 of 150

1

Project manager is preparing the procurement issues. He is finding out what kind of construction permissions they must have to develop the project. He is considering:

Select one of the following:

  • a. The organizational process assets of the project.

  • b. How to prepare the final budget of the project.

  • c. Enterprise Environmental Factors of the project.

  • d. He is preparing to select sellers.

Explanation

Question 109 of 150

1

Which of these are not inputs to the Determine Budgets process??

Select one of the following:

  • a. Cost Baseline, Requirements traceability matrix

  • b. Project schedule, contracts

  • c. Basis of estimates, Activity cost estimates

  • d. Project schedule, Resource calendars

Explanation

Question 110 of 150

1

Right after you received final deliverable approval from the sponsor of your Project, you were assigned to a new Project and asked to skip the closing process for current Project. For which kind of Project can you skip the closing processes?

Select one of the following:

  • a. Large Projects.

  • b. Administrative Projects.

  • c. Closing processes should not be skipped for any kind of Project.

  • d. Small projects.

Explanation

Question 111 of 150

1

A characteristic of the Project Life Cycle is:

Select one of the following:

  • a. Always are identical, in all kind of industries

  • b. Risk and uncertainly are highest at the end of the project

  • c. Cost and staffing levels are low at the start, peak as the work is carried out, and drop rapidly as the project draws to a close.

  • d. The cost and staffing are the same regardless of the type of project

Explanation

Question 112 of 150

1

A Project manager working on highway extension Project finds out that noise barriers are required to be approved by the provincial highway authority before the work can proceed. The company does have a defined process and forms to go through the approval process. This defined process can be called as?

Select one of the following:

  • a. Enterprise Environmental Factor.

  • b. A Project.

  • c. Government requirement.

  • d. A program.

Explanation

Question 113 of 150

1

Which of the following is not part of the Project Management Plan?

Select one of the following:

  • a. Configuration management plan.

  • b. Basis of estimates.

  • c. Risk management plan.

  • d. WBS dictionary.

Explanation

Question 114 of 150

1

You are the project manager of a network replacement Project for a 40-floor office building. You plan to hire a contractor to pull the old cables out and then install the new cables. The work has to be done in such a way to have minimum to zero disruption to the tenant organization during business hours, hence you need to hire a well experienced reputed firm. You contract the procurement department to develop a list of firms that have the capability to do the work. What are you referring to?

Select one of the following:

  • a. Develop evaluation criteria.

  • b. Negotiating a contract.

  • c. Solicitation package to be sent out to prospective sellers.

  • d. Qualified sellers list

Explanation

Question 115 of 150

1

What is the name of the technique that examines the problems experienced within the project, limitations faced, and the feeling of non-value-added work?

Select one of the following:

  • a. Scatter diagram.

  • b. Quality audit.

  • c. Process analysis.

  • d. Quality assurance.

Explanation

Question 116 of 150

1

Acquiring, training, and managing team members that have been assigned to the project are part of which process??

Select one of the following:

  • a. Direct and Manage Project Work.

  • b. Acquire Project Team.

  • c. Monitor and Control Project Work.

  • d. Manage Team.

Explanation

Question 117 of 150

1

As a project manager, you periodically do project performance reviews to compare cost performance over time, schedule activities or work packages over-running and under-running budget, milestones due, and milestones met. Which of the following is not a valid technique that you would use for performance-reporting?

Select one of the following:

  • a. Trend Analysis

  • b. Earned Value Performance

  • c. Variance Analysis

  • d. Integration Analysis

Explanation

Question 118 of 150

1

A Sara le han pedido que se haga cargo del desarrollo e implementación de un sistema de planificación de recursos organizacionales para su empresa. Sara ha enviado una solicitud para reunirse con el patrocinador del proyecto y discutir sobre la planificación de la gestión de los interesados. El patrocinador piensa que tal planificación no es importante en proyectos internos como el que está llevando Sara; sin embargo él piensa que únicamente con planificar bien la gestión del alcance, el cronograma y los costos es suficiente para este tipo de proyectos. El patrocinador le ha pedido a Sara describir el objetivo de la reunión. ¿Cuál de las siguientes es la mejor respuesta para el patrocinador??

Select one of the following:

  • a. El objetivo de la reunión es desarrollar el registro de los interesados del proyecto.

  • b. El objetivo de la reunión es la de desarrollar las estrategias para efectivamente gestionar las expectativas de los interesados en el proyecto y lograr su participación eficaz durante el proyecto.

  • c. El objetivo de la reunión es cumplir con los estándares dictados por el PMBOK.

  • d. El objetivo de la reunión es la de identificar y clasificar a las interesados del proyecto.

Explanation

Question 119 of 150

1

Which of the following is an input to Manage Stakeholder Engagement process??

Select one of the following:

  • a. Issue log

  • b. Change log

  • c. Change request

  • d. Work performance data

Explanation

Question 120 of 150

1

Project Manager is calculating SPI and SV (Schedule Variance) in order to determine if the project is still within the tolerances defined by client. He will use this information to:

Select one of the following:

  • a. Evaluate the project team.

  • b. Prepare a change request.

  • c. Define project forecast.

  • d. Prepare provider payments.

Explanation

Question 121 of 150

1

You find it very valuable to attend the regular monthly Project management training session. Most Project managers at your office share your view and make effort to attend these sessions. It was mentioned in the last session that improvement in Project management practice has been observed since the start of these training sessions a year ago. The PMO manager is quite pleased with these results because:?

Select one of the following:

  • a. Training, coaching and mentoring is one of the functions of PMO.

  • b. Stage gate review can be scheduled to enable Project to proceed to next phases.

  • c. Resources can be managed by Project managers.

  • d. More strategic projects can be initiated.

Explanation

Question 122 of 150

1

You are working as a seller’s Project manager for a buyer on a cost reimbursable contract. The buyer wants to add scope to the current statement of work and also wants to change the contract to a Fixed Price one. You have all of the following options available EXCEPT:?

Select one of the following:

  • a. Since the buyer wants a fixed prices contract, negotiate one that includes all the work that is still to be performed.

  • b. Negotiate a new Fixed Price contract for the additional scope but stay on cost reimbursable for the original statement of work

  • c. Negotiate with buyer to restart the whole Project with a fixed Price contract so that a dispute can be avoided.

  • d. Refuse to do the additional work but complete the original work under the cost reimbursable contract.

Explanation

Question 123 of 150

1

Which of the following is an input to Manage Project Team?

Select one of the following:

  • a. Work performance reports

  • b. Work performance information

  • c. Work performance data

  • d. Work performance standards

Explanation

Question 124 of 150

1

A variance threshold for costs or other indicators to indicate the agreed amount of variation allowed is called:

Select one of the following:

  • a. Variance limits

  • b. Control threshold

  • c. Cost limit

  • d. Acceptable Threshold

Explanation

Question 125 of 150

1

The information of the project management plan used to control scope is all of follow, except:

Select one of the following:

  • a. Change management plan

  • b. Expert judgement.

  • c. Configuration management plan.

  • d. Requirements management plan.

Explanation

Question 126 of 150

1

Your project is mid-way through a delivery schedule. As project manager, you want to understand how much work is left. Which is the most accurate way to determine the remaining work to be done by the project team?

Select one of the following:

  • a. Rolling wave method

  • b. Earned Value Analysis

  • c. A manual forecast

  • d. Future analysis

Explanation

Question 127 of 150

1

An automotive designer uses a certain technique to determine which combination of suspension and tires will produce the most desirable ride characteristics at a reasonable cost. In order to do this, she works with a statistical framework and systematically changes all of the important parameters instead of changing the factors one at a time. This is known as:

Select one of the following:

  • a. Design for X

  • b. Root cause analysis

  • c. Design of Quality

  • d. Design of Automobiles

Explanation

Question 128 of 150

1

You are the project manager of a building construction project. One of the routine meetings you have is a weekly meeting with project team where each team member provides you with how much work they have completed on assigned task and what are the measurements from quality tests. What are these examples of?

Select one of the following:

  • a. Time and cost estimating.

  • b. Earned value analysis.

  • c. Perform quality audits.

  • d. Work performance data.

Explanation

Question 129 of 150

1

What does consultants and professionals and technical associations provide during project execution??

Select one of the following:

  • a. Deliverable status

  • b. Work performance data

  • c. Expert judgment

  • d. Issue management procedures

Explanation

Question 130 of 150

1

As a project manager on a software development project for a customer, you have received an advice from customer that they want deliverable-based invoices. This means you will have to track the costs by each piece of work done. The system within your organization is setup to capture costs by resources, which means the total cost of the project at a certain instance is derived from cost booked against the project of the resources. What should you do?

Select one of the following:

  • a. Only track cost as requested by customer.

  • b. Follow internal procedures and refuse customer.

  • c. Track costs both ways to fulfill internal and external requirements.

  • d. Evaluate to find out cost of complying with customer's demand.

Explanation

Question 131 of 150

1

Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:?

Select one of the following:

  • a. Inadequacies in the original estimate

  • b. Anticipated but not certain events

  • c. Unanticipated events

  • d. Anticipated and certain events

Explanation

Question 132 of 150

1

You are in charge of a new important project with a lot of uncertainty scenarios in front. Which practice do you choose an why?

Select one of the following:

  • a. Predictive approach.

  • b. Iterative scheduling with a backlog to define scope gradually

  • c. Leveling resources to avoid uncertainty assuring enough resources.

  • d. Standard deviation to tells your boss the state of the project.

Explanation

Question 133 of 150

1

You were invited to a meeting by a manager. When you entered the room you saw sitting there the key user working on your Project. The manager tells you that she has discussed with the key user a change to the functionality being developed by your Project: they both agree that it should be changed from manual entry to system generated entry. He then asks you to fill out the required form and get it signed. What is going on?

Select one of the following:

  • a. You are working as Project expediter.

  • b. The management is actively involved in the Project.

  • c. This is a good example of integrated change control.

  • d. Manager is concerned with satisfying key stakeholders.

Explanation

Question 134 of 150

1

You have received a statement of work (SOW) from the customer. You will be using this SOW as an input when you are creating the project charter. Which of the following is NOT a reason why you received the SOW from the customer?

Select one of the following:

  • a. It was part of the proposal.

  • b. You requested information from the customer

  • c. It was part of the contract

  • d. It was part of the scope statement

Explanation

Question 135 of 150

1

Which information flows from Direct and Manage Project Work process to Develop Project Management Plan process??

Select one of the following:

  • a. Work performance information

  • b. Deliverables

  • c. Project management plan updates

  • d. No such information flow occurs.

Explanation

Question 136 of 150

1

What is the purpose of reviewing a defect repair Which of the following BEST describes defect repair review?

Select one of the following:

  • a. To ensure the defect was repaired properly and as required.

  • b. To ensure stakeholders are satisfied with the repair.

  • c. To create a Pareto chart to see the major reason for defect

  • d. To verify the extent of the repair as per scope defined in the Project Charter.

Explanation

Question 137 of 150

1

What is the impact of noise on communication??

Select one of the following:

  • a. Noise changes the message while being delivered.

  • b. Noise interferes with the understandings of the message by the receiver.

  • c. Noise impacts only if it is persistent.

  • d. Noise makes it hard to hear the communication since it is too loud.

Explanation

Question 138 of 150

1

In order to calculate the Estimate To Complete (ETC), the following is typically needed:?

Select one of the following:

  • a. Cost Performance Index (CPI) and the Actual Cost (AC).

  • b. Actual Cost (AC) and Estimate At Complete (EAC)

  • c. Earned Value (EV) and the Actual Cost (AC).

  • d. Cost Performance Index (CPI), actual cost (AC), and the Earned Value (EV).

Explanation

Question 139 of 150

1

Which of the following is INCORRECT about conflicts??

Select one of the following:

  • a. Conflicts should be resolved publicly to avoid any misunderstanding.

  • b. Conflicts happen all the time.

  • c. Most conflicts can be resolved using a collaborated approach

  • d. Conflicts should be attended when the project is beginning

Explanation

Question 140 of 150

1

Which of the following is the BEST example of the use of coercive power by the Project manager?

Select one of the following:

  • a. Project manager ask a resource Ò Come on. You know you owe me. Get me the report tomorrowÓ.

  • b. Project manager talking to a resource ñI want you to complete this report by end of tomorrowî

  • c. Project manager say to a resource ÒIf I do not get de document from you within two days, I will speak with your managerÓ.

  • d. Project manager asks a resource ÒShould I meet in person or just send her an email. Which is the right approach?Ó

Explanation

Question 141 of 150

1

Which of the following in the project manager always responsible for??

Select one of the following:

  • a. Meeting the project’s profit margin.

  • b. Prioritizing projects based on business need.

  • c. Writing performance reports for Project resources.

  • d. Selecting appropriate processes for the project.

Explanation

Question 142 of 150

1

The agreement could be:

Select one of the following:

  • a. A bill of materials

  • b. A contract, an SLA or a purchase order

  • c. A purchase policy

  • d. The most competitive cost estimate

Explanation

Question 143 of 150

1

A project manager does not have much time to spend planning before the mandatory start date arrives. He therefore wants to move through planning as effectively as possible. Which of the following would you recommend?

Select one of the following:

  • a. Make sure you have a signed project charter and then start scheduling and budgeting

  • b. Create a WBS and activity list then a network diagram and Gantt chart

  • c. Document all the known risks before you document the high level assumptions

  • d. Finalize the quality management plan before you determine quality metrics

Explanation

Question 144 of 150

1

The project team has decided to perform an intentional activity that realigns the performance of the project work with the plan. The team is doing:

Select one of the following:

  • a. A requirement of the project success.

  • b. A corrective action.

  • c. A preventive action

  • d. They are referring to an activity that can help improve performance back to the desired state.

Explanation

Question 145 of 150

1

You are managing a gas pipeline river crossing project. The project involves drilling piles in the river bed to build a bridge to cross the gas pipeline over the river. The biggest risk you have identified and planned a response for was the delay in shipping and import of steel piles from abroad. There were two shipments planned a few months apart. First shipment was received at the docks on time. Three large trailers took off from the docks to the site, carrying enough piles for three weeks of work. It will take them one week to reach the site from the docs. All the teams and installation equipment was ready on south bank of the river on the day the shipment was to arrive. The shipment reached the site on time but on the north side of the river. It would take a whole week to bring it to south side as the bridge, which can accommodate the large trailers, was very far from the site. No one in the project time had imagined this as a risk. What do you think will be the BEST way to handle this situation?

Select one of the following:

  • a. Add this to risk register, analyze and develop risk response, then communicate to make sure no more trailers get sent to he north side.

  • b. This should be handled as an issue and not as a risk.

  • c. Evaluate impact on this issue on project performance baselines.

  • d. Analyze this risk and use contingency reserve, which is for unplanned risks.

Explanation

Question 146 of 150

1

An organization is highly reputed for deliverables quality. What would be an appropriate statement that BEST represent this situation?

Select one of the following:

  • a. The organization has a low cost of quality.

  • b. Organization uses a standard quality management plan for all projects.

  • c. Organization’s Project schedules are highly robust.

  • d. The organization has a high cost of quality.

Explanation

Question 147 of 150

1

A Project life cycle in which phases intentionally repeat one or more project activities to develop the product through a series of repeated cycles, adding functionality to product.

Select one of the following:

  • a. Predictive life cycle.

  • b. Risk life cycle.

  • c. Iterative and incremental life cycle.

  • d. Adaptive life cycle.

Explanation

Question 148 of 150

1

You are iniciating a new project and you and your team are in the middle of a meeting trying to identify the key stakeholders. Which documents are the better sources for do that:

Select one of the following:

  • a. Business case and Benefit Management Plan

  • b. Project Charter

  • c. Issue log

  • d. Resource Breakdown Structure

Explanation

Question 149 of 150

1

A project was terminated in the middle of execution when half of the deliverables have already been completed. If you are the project manager of this project, what will you do??

Select one of the following:

  • a. Discuss with the sponsor of what can be done to keep the project running.

  • b. Perform scope validation of the completed deliverables.

  • c. Stop the work immediately and release project resources.

  • d. Send a detailed project status report to the sponsor on how well the project was doing.

Explanation

Question 150 of 150

1

You have a seller working on a Time and Material contract. As per contract, two resources will work for 12 months on the project for a total cost of $180,000. However, the project took longer than expected and by the time it was completed, the two resources have been on the project for 18 months with a total cost of $250,000. What went wrong??

Select one of the following:

  • a. Just like an initiative for finishing earlier, a penalty should have been proposed for delay

  • b. A maximum amount and time limit should have been established under the contract.

  • c. Fixed price contract, which is good for these kind of situations, should have been used.

  • d. Nothing went wrong since this was Time and Material contract under which resources charged for the time they worked on the project.

Explanation

Previous
Next