All of the following are parts of the scope baseline EXCEPT the:
a. Scope management plan
b. Project scope statement
c. Work Breakdown Structure
d. WBS Dictionary
A project manager´s scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio (BCR) is 1.2. The project scope was created by the team and stakeholders. Requirements on the project have been changing throughout the Project, no matter what the project manager has tried to accomplish in managing the Project. Which of the following is he MOST likely to face in the future?
a. Having to cut costs on the project and increase benefits
b. Making sure the customer approved the project scope
c. Not being able to measure completion of the product of the project
d. Having to add resources to the project
Four project managers are having lunch together and discussing their projects. Most of the time they are just complaining about how hard projects are to manage in their company. Some complain about the stakeholders and the numbers of changes they cause. Others talk about how hard it is to get people to cooperate and perform. Which organizational structure are they working in?
a. Weak matrix
b. Balanced matrix
d. Project Oriented
a. The amount of time an activity can be delayed without delaying the project finish date
b. The amount of time an activity can be delayed without delaying the early start date of its successor
c. Waiting time
d. The product of a forward and backward pass
A pesar de que los interesados pensaban que había suficiente dinero en el presupuesto, a la mitad del proyecto el índice de desempeño del costo (CPI) es de 0,7. Con el propósito de determinar la causa primordial, varios interesados hacen auditoría del proyecto y descubren que el presupuesto de costo del proyecto se estimó de forma análoga. A pesar de que la suma de los estimados de las actividades da como resultado el estimado del proyecto, los interesados creen que algo faltó debido al modo en que se completó el estimado. ¿Cuál de las siguientes opciones describe lo que hizo falta?
a. Los costos estimados deben usarse para medir el CPI.
b. Se debe usar el SPI, no el CPI.
c. Debió usarse la estimación ascendente,
d. La historia pasada no se tuvo en cuenta.
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:
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.
A Project Manager primary professional responsibility is towards:
a. The performing organization
b. The project sponsor
c. All stakeholders
In undertanding the project environment, all of the following are true EXCEPT:
a. Projects are planned and implemented in a social, economic, and environmental context.
b. Projects may have intended positive and/or negative impacts.
c. Projects may have unintended positive and/or negative impacts.
d. The project team rarely should consider the political and physical environmental contexts of the project.
Which of the following is CORRECT?
a. The critical path helps to prove how long the project will take
b. There can only be one critical path
c. The network diagram will change everytime the project changes
d. A project can never have negative float
Organizations perform work to achieve a set of objectives. All of the following are true about projects and operations work EXCEPT:
a. Both projects and operations are constrained by limited resources.
b. Operations are ongoing and repetitive, while projects are temporary and unique.
c. Both projects and operations are planned, executed, and controlled.
d. All activities in the organization can be addressed within the organizations´s normal operational limits. Therefore, projects are rarely utilized as a means of achieving an organizations´s strategic plan
Which of the following is another name for the fishbone diagram?
b. Ishikawa diagram
d. Pareto chart
The most detailed level of the WBS is called the _______________ . PMBOK p161
a. WBS element
b. Work package
c. Project scope
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:
a. Design cost.
b. Earned Value.
c. Expended cost.
d. Cost variance.
Which process includes the implementation of the approved changes to achieve the project objectives?
a. Perform Integrated Change Control
b. Monitor and Control Project Work
c. Direct and Manage Project Work
d. Develop Project Management Plan
A heuristic si BEST described as a:
a. Control tool
b. Scheduling method
c. Planning tool
d. Rule of thumb
Which of the following is NOT a typical characteristic of a project management office (PMO)?
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.
The housing development project is progressing well. The bank Vice President who is the executive Sponsor gets promoted and moves to a new branch. His replacement is brought in from a new area and, upon arrival, asks to see where the project currently stands. Which of the following do you show him?
a. Work Breakdown Structure
b. Network diagram
c. Milestone chart
d. Gantt chart
Which is one objective of Critical Path Method (CPM)?
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.
A project manager is trying to convince management to use more formal project management procedures and has decided to start improving the company´s project mangement by obtaining a project charter. Which of the following best describes why the project charter would help the project manager?
a. It describes the details of what needs to be done
b. It lists the names of all team members
c. It gives the project manager authority
d. It describes the project´s history
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?
a. Parametric estimate
b. Analogous estimate
c. Bottom- Up estimate
d. Ball park or personal estimate
You have been assigned to a project for a new software product that you do not believe will succeed. You have made these feelings clear to your company, but they wish you to work on the project anyway. What would be the BEST course of action in this case?
a. Excuse yourself from the project.
b. Escalate the situation to the customer.
c. Manage the project.
d. Resign from the company.
The printing company has added a new one for its laminating business. This involves new technology to laminate book covers quicker and cheaper. They are anticipating this will allow them to make a greater type of product and improve output efficiency. Adding this is an example of what?
a. Business risk
b. ISO 9000
c. Conformance to requirements
d. Insurable risk
Mr. Smith and his project team are beginning a project. During one of the meetings, they try to understand how client organization informs the project status and they identifie that It is expected to elaborate perfectly prepared reports. This is an example of:
a. A difficult client and project.
b. Good planning.
c. Enterprise Environmental Factor.
d. A change control system.
Which of the following is the BEST project management tool to use to determine the longest time the project will take?
b. Network diagram
c. Bar chart
d. Project charter
The road construction project is twelve weeks behind schedule with ten team members working on it. Five of these team members are working on the Critical Path related items. What is the Slack of the Critical Path?
a. O (Zero)
c. Negative twelve weeks
d. Not enough information
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?
a. Litigation, Mediation, Arbitration, Confirmation,
b. Negotiation, Mediation, Arbitration, Litigation.
c. Negotiation, Escalation, Mediation, Arbitration.
d. Negotiation, Arbitration, Mediation, Litigation.
A project manager was asked by the project management office to make a presentation on project management to company employees in attendance. He made an incorrect statement about projects. Which one is it?
a. Current project may have an impact on future projects in the same organization.
b. Projects need to be elaborated as they progress.
c. Completing projects on time and within budget always satisfies project stakeholders.
d. Projects that do not get a project manager assigned formally may succeed.
The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?
a. Make the change happen as soon as possible
b. Contact the project sponsor for permision
c. Go to the change control board
d. Evaluate the impacts on other project constraints
To maintain the project scope under control, the project manager need to use:
d. Variance Analysis
A project team is having their first quality meeting and plans to review the organization’s quality policy when it is discovered that the company has never developed an organizational quality policy. The project manager is very concerned about this discovery. What would be the BEST course of action?
a. Document the absence of a quality policy in the quality management plan and take corrective action
b. Write a quality policy just for this project
c. Substitute benchmark data for the quality policy
d. Suspend execution until the organization provides a quality policy
The vice president of the marketing division has decided to take a “wait and see" approach to a new direction the solid state amplifier market appears to be headed in. He feels that waiting will minimize a great deal of the risk that could come with being a leader in the market, in case the market changes. What would the vice president be considered?
b. To be meeting stockholder expectations
d. Risk Seeker
All of the following are objectives of Monitor Communications process EXCEPT:
a. Optimal information flow occurs
b. Information needs of project stakeholders are met.
c. Identification of new stakeholders
d. Trigger a review of Communication Management plan if needed due to an issue.
What is an output of Control Procurements process?
a. Work performance report
b. Work performance information
c. Resource calendars
d. Source selection criteria
Four project managers are having lunch together and discussing their projects. Most of the time they are just complaining about how hard projects are to manage in their company. Some complains about the lack stakeholders availability and focus on projects. Others talk about how hard it is to get people to cooperate and perform. One project manager wants to focus on the advantages of the matrix type organization they all work in for their projects. Which of the following would he mention?
a. Improved project manager control over resources
b. More than one boss for project teams
c. Communications are easier
d. Reporting is easier
All of the following MUST be present to have a contract EXCEPT:
a. A procurement statement of work.
c. The address of the seller.
d. Buyers’ signatures.
All of the following would occur during the Close Project Phase EXCEPT:
a. Lessons learned archive
b. Formal product transition
c. Reducing resource spending
d. Performing benefit cost analysis
One goal of portfolio management is to:
a. Manage various contents of the project file.
b. Manage the levels of financial authority to facilitate portfolio decision-making.
c. Maximize the value of the portfolio by careful examination of candidate projects and programs for inclusion in the porfolio´s strategic objectives.
d. Applying resource-leveling heuristics across all the organization´s projects
You are a project manager who was just assigned to take over a project from another project manager who is leaving the company. The previous project manager tells you that the project is on schedule, but only because he has constantly pushed the team to perform. What is the FIRST thing you should do as the new project manager?
a. Check risk status
b. Check cost performance
c. Determine a management strategy
d. Tell the team your objectives
All of the following activities are included in Direct and Manage Project Work except:
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.
When an organization rejects a project because it is not aligned to its strategy, they:
a. Improve their revenue.
b. Reject a non profit projects.
c. Improve business value using Portfolio Mangement techniques.
d. Adverse to risk.
The project is mostly complete. the project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections have been completed and all have met the quality requirements. All items in the issue log have been resolved. Many of the resources have been released. The sponsor is about to call a meeting to obtain product validation when the customer notifies the project manager that they want to make a major change to the scope. The project manager should:
a. Meet with the project team to determine if this change can be made
b. Ask the customer for a description of the change
c. Explain that the change cannot be made at this point in the process
d. Inform management
What is the duration of a milestone?
a. Shorter than the duration of the longest activity
b. Shorter than the activity it represents
c. There is no duration
d. Same length as the activity it represents
One caracteristic of the project life cycle is that it:
Is different for each industry
c. Can generate many projects
d. Describes project management activities
The construction team is building a new design for their company. This is a new design type at their company, and the market for the product is extremely unstable because of current interest rates. According to the site manager, a key to success will be to have an extremely accurate estimate on the resource needs for the project, because the company is resource constrained. Which type of duration estimating approach is beter in this case?
a. Parametric estimating
b. Bottom-up estimating
c. Analogous estimating
d. Fast tracking
The project charter for a project was approved for planning and you have just been assigned as project manager. Realizing that project planning is an ongoing effort throughout the project, which processes are you MOST likely to combine?
a. Create WBS and Define Activities
b. Estimate Activity Durations and Develop Schedule
c. Plan Resource Management and Estimate Costs
d. Estimate costs and Determine Budget
A dependency requiring that design be completed before manufacturing can start is an example of a:
a. Discretionary dependency
b. External dependency
c. Mandatory dependency
d. Scope dependency
If the project current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project?
a. The cost variance is 1.05
b. The cost variance is 5,000
c. The cost variance is 0.95
d. The cost variance is -5,000
You are in charge of a new important project with a lot of uncertainty scenarios in front. Which practice do you choose an why?
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.
An important input in Define Activities process is:
a. Scope Baseline
b. Activity list
c. Project charter
d. Activity attributes
Your company is involved in an integrated circuit project in which the information and intellectual property associated with it are highly sensitive resulting in the only product in this market. The project will involve people from a variety of skill sets on the project. Given this, which of the following would make the most sense when planning the project?
a. Outsourcing to an offshore development facility so your local competitors won’t know your intellectual property details
b. Having only the creators of the idea work on the project to control who knows about the intellectual property
c. The company making the product internally
d. The company outsourcing and having the partner sign a non-disclosure agreement
A business case includes all of the follow, except:
a. Business needs
b. Analysis of the situation
c. Organizational culture.
d. Options identification
Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams?
a. Logical relationships
b. Critical paths
c. Resource trade-offs
d. Progress or status
The wireless security system project is having problems with people not knowing about meetings and not involved in approval of project deliverables. The project is in the process of being audited by the PMO. What document would likely show information that could fix this problem?
a. Project management plan
b. Communications Management Plan
c. Information Distribution System
d. Performance Reporting Plan
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?
a. Estimate Cost
b. Develop Schedule
c. Estimate Activity Durations
d. All of the answers
You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT:
a. Work package cost estimates
b. Expended costs
c. Direct costs
All of the following statements about the project life cycle and the product life cycle are true EXCEPT:
a. The product life cycle generally starts with the business plan, and continues through idea, to product, ongoing operations, and product divestment.
b. The project life cycle also identifies the transitional actions at the end of the project to link the project to the ongoing operations of the performing organization.
c. Generally, a product life cycle is contained within the project life cycle.
d. Generally, a project life cycle is contained within one or more product life cycles.
The retail chain is using a vendor to provide engineers for a security camera network design and implementation. The equipment buyer is providing the list of models and quantity of each piece of equipment to be purchased plus the purchase timeframes. What type of document is being provided to the sellers?
a. Invitation for Bid (IFB)
b. Request for Information (RFI)
c. Request for Proposals (RFP)
d. Request for Quote (RFQ)
An output of the Close Project or Phase process is the creation of:
a. Project archives
b. A project charter
c. A project management plan
d. A risk analysis plan
If the optimistic estimate for an activity is 12 days, the pessimistic estimate is 18 days and the most likely is 13, what is the expected duration of this activity?
If you are influencing factors that create changes to the cost of the project, which process are you using?
a. Negotiate Costs
b. Estimate Costs
c. Control Costs
d. Determine Budget
You are assigned as the project manager in the middle of the project. The project is within the baselines, but the customer is not happy with the performance of the project. What do you do first?
a. Discuss it with the project team
b. Recalculate baselines
c. Renegotiate the contract
d. Meet with the customer
The primary objective of contract negotiation is to:
a. Get the most from the other side.
b. Protect the relationship.
c. Get the highest monetary return.
d. Define objective and stick to them.
A project schedule has activities and milestones. What do you know about milestones?
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.
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:
a. Evaluate the project team.
b. Prepare a change request.
c. Define project forecast.
d. Prepare provider payments.
Two project managers have just realized that they are in a weak matrix organization and that their power as project managers is quite limited. One figures out that he is really a project coordinator and the other realizes he is a project coordinator too. How is a project coordinator role different from a project manager?
a. The project coordinator is a part-time job
b. The project coordinator can make more decisions
c. The project coordinator reports to a higher level manager
d. The project coordinator has more authority
Cultural and social environmental aspects to be considered by the project team include all of the following areas EXCEPT:
Your point of sale upgrade project is almost complete. You have outsourced the remote installation to three different companies to complete. As the project closes down, what will be done first?
a. Closing the project
b. Assignment of contracts for the next phase
c. Release of resources
d. Contract Closure
Which of the following is NOT a valid tool for risk identification?
b. Assumptions analysis
c. Histogram chart
d. SWOT analysis
International factors to be considered by the project team generally include all of the following EXCEPT:
a. Time-zone differences.
b. National and regional holidays.
c. Travel requirements for face-toface meetings.
d. Project reporting formats.
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?
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.