20Q 05 Flashcards
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Free Float (FF) ?
Free Float (FF) is the difference between the Early Start (ES) of the succeeding activity and the Early Finish (EF) of the current activity
In the Plan Procurement Management process, the project manager needs to create a procurement management plan which includes the types and quantities of products or services to be acquired
In the Plan Procurement Management process, the project manager needs to create a procurement management plan which includes the types and quantities of products or services to be acquired
A project manager notices that the number of defects has been increasing over time. What quality metric can be used to monitor trends and understand the project’s defect patterns?
a. Checklist
b. Histogram
c. Control chart
d. Scatter diagram
Control charts help monitor trends and show variations over time, providing insights into patterns that can be addressed to improve the project’s overall quality.
Your project team is attempting to understand the frequency of occurrence of defects in your software coding project. Which Seven Basic Quality Tools technique would be most helpful?
a. Control Chart
b. Flowchart
c. Pareto Chart
d. Histogram
Histograms are effective for illustrating the pattern of frequency among a set of data items. Although other tools like Control Chart and Pareto can be useful for visualizing data, a Histogram is specifically designed to understand frequency distribution.
During the execution phase, a project manager finds out that an identified risk has occurred. They decide to implement a contingency plan to minimize the impact. What should they do with the contingency reserve?
a. Ignore the reserve since the risk has already occurred
b. Use the reserve to fund the contingency plan
c. Increase the reserve to cover additional risks
d. Redistribute the reserve to other project activities
Contingency reserves are meant for use when risks occur. They are created during the planning phase to address identified and unknown risks. When a risk occurs, the project manager should use the reserve to fund the contingency plan to minimize the impact.
A project manager discovered that their product is losing market share to a new competitor. They must choose a market research method to analyze the situation. What’s the best option?
a.Sending out surveys to understand why customers prefer the competitor
b.Interviewing employees of the competitor
c.Perform a SWOT analysis
d.Focus on advertising to overshadow the competitor
The best option is to perform a SWOT analysis which will provide insights into strengths, weaknesses, opportunities, and threats for the product in the market. Other options like surveys, interviews, and changing product offerings are more specific approaches that are better suited after the initial analysis.
In a large-scale transportation project, a project manager has identified a low-power, high-interest stakeholder. How should the project manager manage this stakeholder?
a.
Directly involve the stakeholder in decision-making processes
b.
Keep the stakeholder informed and consult with them regularly
c.
Ignore the stakeholder as they have low power
d.
Prioritize the stakeholder’s needs over all other stakeholders
A low-power, high-interest stakeholder may not have significant influence over the project but is still interested in the project, so keeping them informed and consulting with them regularly helps maintain a good relationship and avoids potential issues.
NEW stakeholder is introduced
Whenever a new stakeholder is introduced, the first step is to update the register and perform a new stakeholder analysis
During a project, one of your team members reports that he is ahead of schedule. What is the ideal action as per the principles of Time-Boxed Scheduling?
a.Adjust the schedule of the next time-box tasks.
b.Continue with the current time-box and utilized extra time for quality assurance tasks.
c.Deduct this extra time from the next time-box.
d.Start the next time-box task immediately.
The principle of Time-Boxed Scheduling is to maintain the schedule for each tasks without influence of another. Starting the next task or adjusting the schedule would disrupt the principle. The extra time can be ideally used for quality assurance tasks to maintain the process stability.
The project manager for a construction company wants to identify why there has been an increase in accidents at the worksite. Which tool should they use?
a.Stratification
b.Fishbone Diagram
c.Histogram
d.Run Chart
A Fishbone Diagram, also known as a Cause and Effect Diagram or Ishikawa Diagram, can be used to systematically trace the root cause of a problem by looking at all possible contributing factors.
In order to analyze defects, the project manager wants to categorize the defects according to their degree of severity. Which quality tool would be appropriate for this purpose?
a.
Flowchart
b.
Pareto Chart
c.
Histogram
d.
Scatter Diagram
A Pareto Chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars. Thus, it’s the right tool for categorizing defects according to their severity.
A project manager wants to track the variance of defects over a period of time during the project. Which visual tool should be used?
a.Control Chart
b.Pareto Chart
c.Fishbone Diagram
d.Histogram
A Control Chart is designed to show how a process changes over time. It is best used when monitoring and controlling the quality of an output over time and identifying whether a process is constant or predictable.
A manufacturing company wants to ensure that all of its products meet specific standards before being sent to clients. Which quality tool would be best for monitoring the ongoing production process?
a.Histogram
b.Pareto Chart
c.Cause and Effect Diagram
d.Control Chart
A Control Chart is a quality tool that plots continuous data over time. It is used to monitor the performance of a process and determine whether it is in control (stable and predictable) or out of control (unstable and unpredictable).
Your project team is attempting to understand the frequency of occurrence of defects in your software coding project. Which Seven Basic Quality Tools technique would be most helpful?
a.Control Chart
b.Flowchart
c.Pareto Chart
d.Histogram
Histograms are effective for illustrating the pattern of frequency among a set of data items. Although other tools like Control Chart and Pareto can be useful for visualizing data, a Histogram is specifically designed to understand frequency distribution.
As a project manager, you noticed an increasing number of defects in the production of a new software. Which quality tool will help you identify the common cause of the defects?
a.Scatter Diagram
b.Pareto Chart
c.Flowchart
d.Run Chart
A Pareto Chart is a combination of bar chart and line graph that displays the most significant factors or causes of defects. It helps prioritize which problems deserve the most attention based on the highest frequency or impact.