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A project manager has limited authority in which type of organizational structure?
You are a project manager for Picture Shades, Inc. It manufactures window shades that have replicas of Renaissance-era paintings on the inside for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores as well as on its website. You're developing the project schedule for this under-taking and have determined the critical path.
Which of the following statements is true?
You are a project manager of Software Product Company. After hired a person you got to know that many of this person's ideas were developed by the competing company.
Are you going to implement the same ideas?
In which of the following contract types does the buyer have the most cost risk?
Life seems to be going very well for your close friend, a fellow PMP. She has taken a trip to France, bought a new car, and stocked her wine cellar with a half dozen expensive bottles of wine, all within the last six months. After a few cocktails one evening, she tells you her secret. The vendor she's working with on the $4 billion project she's managing has given her all of these items as gifts.
Which of the following should you do? (Choose the best answer.)
Which of the following processes includes prioritizing risks for subsequent further analysis or action by assessing and combining their probability of occurrence and impact?
Which estimating technique uses the actual costs of previous similar projects as a basis for estimating the costs of the current project?
Which schedule compression technique has phases or activities done in parallel that would normally have been done sequentially?
The project manager has, as a prime responsibility, to assure proper integration of activities.
In which organizational form does the project manager probably have the easiest time in integrating work?
Your management has decided that all orders will be treated as "projects" and that project managers will be used to update orders daily, to resolve issues, and to ensure that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from US $100 to US $150,000. The project manager will not be required to perform planning or provide documentation other than daily status.
How would you define this situation?
Control chart theory is based on the differentiation of the causes of variations in quality. Variations may be produced by assignable causes. All of the following are examples of assignable causes except:
Based on the network diagram in the chart, the resource working on activity G is replaced with another resource with 50 percent of the productivity of the previous resource.
How long will this project take?
Your company has just presented its new five-year strategic plan. You have received a new product request from a customer that is in line with the previous five-year strategic plan, but it does not meet the objectives of the new plan. The product description seems to have a valid business driver and to be a straightforward development effort.
As project manager, what is the BEST course of action?
Mathematical models using linear programming, dynamic, or algorithm models are considered:
You are negotiating with a seller. Time is of the essence but you have a limited budget, and the seller knows this.
What is your BEST negotiating strategy under these circumstances?
In which type of organizational structure are staff members grouped by specialty?
What is the number of stakeholders, if the project has 28 potential communication channels?
The project manager notices that project activities being completed by one department are all taking slightly longer than planned. To date, none of the activities/work packages have been on the critical path, nor have they affected the critical chain planning that has occurred. The project manager is bothered by the problem, since four of the next five critical path activities are being completed by this department. After making three calls, the project manager is finally able to converse with the department manager to determine what is going on. The conversation is slow, because both speak different native languages and they are trying to converse in French, a shared language. To make communication easier, the project manager frequently asks the department manager to repeat back what has been said. The department manager communicates that his staff is following a company policy that requires two levels of testing. During the conversation, the department manager also makes a comment that leads the project manager to believe that the policy may include excessive work. This is the fourth time the project manager has heard such a comment.
What is the BEST thing to do?
You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process group. You've published the scope statement and scope management plan.
The document that describes who will receive copies of this information as well as future project information, how it should be distributed, and who will prepare it is which of the following?
Which of the following provides a standardized, effective, and efficient way to centrally manage approved changes and baselines within a project?
You are a contract project manager for a wholesale flower distribution company. Your project is to develop a website for the company that allows retailers to place their flower orders online. You will also provide a separate link for individual purchases that are ordered, packaged, and mailed to the consumer directly from the grower's site. This project involves coordinating the parent company, growers, and distributors. You are preparing a performance review and have the following measurements at hand: PV = 300, AC = 200, and EV = 250.
What is the CPI of this project?
Which of the following is not true for a Responsibility Assignment Matrix (RAM):
The Project Management Body of Knowledge (PMBOK Guide) should be considered as a:
As part of a mid-project evaluation, your project sponsor has asked you to provide a forecast of total project cost.
You should calculate the forecast using which of the following methods?
A project manager is creating a risk response plan. However, every time a risk response is suggested, another risk is identified that is caused by the response.
Which of the following is the BEST thing for the project manager to do?
You are working with XYZ organization. Your senior manager imposed new delivery date which is earlier than mentioned project deliverables date in scope statement.
To whom you are most accountable?
The project manager has performed schedule network analysis, compressed the schedule, and completed a Monte Carlo analysis.
What time management activity should be done NEXT?
Providing forecasts to update current cost and schedule information is a part of which process?
While implementing an approved change, a critical defect was introduced. Removing the defect will delay the product delivery.
What is the MOST appropriate approach to managing this situation?
Lessons learned are most often based upon project historical records. Lessons learned can be used to:
All the techniques described below can be used to keep a meeting focused except:
Which of the following must be taken into account for every process, even if they are not explicitly listed as inputs in the process specifications?
During which process would you obtain stakeholders' formal acceptance of the completed project scope?
What tool or technique of Estimate Activity Durations uses parameters such as duration, budget, size, weight, and complexity from a previous, similar project as the basis for estimating the same parameter or measure for a future project?
In which tool and technique is it possible to find a correlation between dependent and independent variables?
A project team is in which of the following processes when they finalize all activities across all of the management process groups to formally complete the project?
Which of the following is a strategy to deal with positive risks or opportunities?
In which type of organization does a project manager have a moderate-to-high resource availability?
Executing the risk response plan in order to react to risk events throughout the project is called:
What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?
If the Schedule Variance (SV) =$55, and the Planned Value (PV) =$11, what is the Earned Value (EV)?
Project contracts generally fall into which of the following three broad categories?
Which process involves identifying and documenting the logical relationships among schedule activities?
Employee unions would most likely satisfy which level in Maslow's hierarchy of needs?
What is a specific advantage of analogous estimating in comparison with other cost estimate techniques?
Draw the precedence diagram for the dependencies and activity times below to answer the question. Use AON or another technique to derive the answer using F-S relationships.
What is the total float on path BEG?
The work that must be done in order to deliver a product with the specified features and functions is:
Which of the following is one of the tools and techniques for the Define Activities process?
Cost management includes processes that are required to maintain financial control of projects. These processes may include:
The project budget is set at $150,000. The project duration is planned to be one year. At the completion of Week 16 of the project, the following information is collected:
Actual cost = $50,000 Plan cost = $45,000 Earned value = $40,000
What is the cost performance index?
The risk of accepting a lot of poor quality, in acceptance sampling, is referred to as:
Many organizations categorize requirements into which of the following two categories?
What is the term assigned to products or services having the same functional use but different technical characteristics?
What type of project structure is a hierarchically organized depiction of the resources by type?
Which of the following are outputs of the Monitor and Control Project Work process?
Resource reallocation from non-critical to critical activities is an example of which Project Scheduling technique:
A(n) _____ is defined as a specified accomplishment in a particular instant in time which does not consume time or resources.
In a control chart, the consecutive measurements are 11, 13, 09, 07, 08, 09, 09, 09, 08, and 12. For the entire process, the goal is 10 and the standard deviation is 1.
For this data set, it is correct to say that the process:
A new project manager is having difficulty creating a WBS with the team. To alleviate this situation, the project manager should ask for help from:
A project manager needs the project team to make a group decision. Which of the following is a method that can be used to reach a group decision?
A project manager for a small construction company has a project that was budgeted for US $130,000 over a six-week period. According to her schedule, the project should have cost US $60,000 to date. However, it has cost US $90,000 to date. The project is also behind schedule, because the original estimates were not accurate.
Who has the PRIMARY responsibility to solve this problem?
Continually measuring and monitoring the actual cost versus the budget is done to _____.
What document should be reviewed by a project manager before finalizing the project closure?
During project executing, a project team member informs the project manager that a work package has not met the quality metric, and that she believes it is not possible to meet it. The project manager meets with all parties concerned to analyze the situation.
Which part of the quality management process is the project manager involved in?
What cost control technique is used to compare actual project performance to planned or expected performance?
Your project sponsor has requested a cost estimate for the project on which you're working. This project is similar in scope to a project you worked on last year. She would like to get the cost estimates as soon as possible. Accuracy is not her primary concern right now. She needs a ballpark figure by tomorrow. You decide to use ___________________.
Surveys have shown that the primary skill needed to be a project manager is communication skill. The typical project manager spends approximately ______ percent of his or her time communicating.
The project manager calculated a schedule performance index of 0.8 and a cost performance index of 1.1 for the project. What is the actual status of this project?
Which of the following outputs from the Schedule Control process aids in the communication of SV, SPI or any performance status to stakeholders?
You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements.
Which of the following is not a valid option?
Company A bought a well-defined project deliverable from Company B. Company A will pay a fixed total price plus a percentage premium for the schedule target achieved.
Complete final contract performance reporting and verify product is done in _______.
The sponsor is worried about the seller deriving extra profit on the cost plus fixed fee (CPFF) contract. Each month the sponsor requires the project manager to submit CPI calculations and an analysis of the cost to complete. The project manager explains to the sponsor that extra profits should NOT be a worry on this project because:
Initiating, Planning, Executing, Monitoring and Controlling and Closing are called:
A project manager has finished the project. He knows that the project scope has been completed and is within cost and time objectives set by management. Management, however, says that the project is a failure, because the original schedule was for 27 weeks and the project was completed in 33 weeks. If the project baseline was 33 weeks, the project is a success because:
Which of the following can be used to track the requirements throughout the project life cycle?
You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them with training on cultural differences and the customs of this country before arriving, but they still seem uncomfortable and disoriented.
Which of the following statements is true?
Which contract type is typically used whenever the seller's performance period spans a considerable period of years?
Advantages of the functional (hierarchical) form of organization include _____ and creation of technical competence.
In which type of organization(s) is the project manager's role most likely part-time?
Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement.
Which of the following is not contained in the project scope statement?
Which knowledge area employs the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information?
What is the schedule performance index (SPI) using the following data?
BAC = $100,000
PV = $50,000
AC = $80,000
EV = $40,000
Which document is a narrative description of products or services to be delivered by the project?
Which of the following statements best describes the influence of stakeholders and the cost of changes as project time advances?
Information collected on the status of project activities being performed to accomplish the project work is known as what?
You are managing an internal project where a vice president from the user group is acting as the sponsor. You have just been informed by your team that the critical path has slipped by three weeks. You should:
Which of the following is an example of a technique used in quantitative risk analysis?
Which tool is used to develop technical details within the project management plan?
A team member notifies the project manager that the activities comprising a work package are no longer appropriate.
It would be BEST for the project manager to be in what part of the project management process?
Project scope statement and resource calendars are inputs to what Project Time Management process?
The erection of foundation formwork before the placement of foundation concrete would be an example of a _____ dependency.
What is the name of a graphic display of project team members and their reporting relationships?
You are a new project manager who has never managed a project before. You have been asked to plan a new project. It would be BEST in this situation to rely on _______ during planning to improve your chance of success.
Information distribution involves making needed information available to project stakeholders in a timely manner.
What is an output from information distribution?
The inputs of the Performance Reporting process include all of the following except for which one?
Which of the following lists contain processes that are included within Project Procurement Management?
A line manager who is asked to wear two hats and function as a project manager at the same time is likely to exercise:
Which of the following would most likely increase the accuracy of estimating the project cost?
You've been assigned as a project manager on a research and development project for a new dental procedure. You're working in the Scope Planning process.
What is the purpose of the project scope management plan?
In which of the following organizational structures does the project manager have full authority on a project?
Many companies self-insure against some risk. Problems which can arise from self-insurance include:
Which of the following is NOT a reason to measure variances from the baseline?
While creating the agenda for a status meeting with the team, a project manager receives input from one team member that an item should be added. Another team member says the team is not ready to resolve the item during the meeting. After much discussion, the project manager decides to put the item on the agenda as an initial discussion item only.
Which conflict resolution technique is the project manager using?
When working in a matrix environment, all of the following are true regarding the Manage Project Team process except for which one?
Which tool or technique measures performance of the project as it moves from project initiation through project closure?
TESTED 19 May 2024