3° Full-Length Test Flashcards
The purpose of ‘Plan Communications Management’ is to:
- A) Archive project communications.
- B) Develop an approach for the timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information.
- C) Implement the latest communication technology in the project.
- D) Ensure the project team communicates effectively among themselves.
Correct Answer: B
‘Quantitative Risk Analysis’ involves:
- A) Assigning numerical values to the probability and impacts of identified risks.
- B) Prioritizing risks based on qualitative data.
- C) Creating a risk matrix based on the project team’s intuition.
- D) Developing risk responses based on stakeholder risk tolerance.
Correct Answer: A
‘Resource Leveling’ in project management is used to:
- A) Increase the amount of resources available to the project to meet a tight schedule.
- B) Adjust the project schedule to address resource constraints, often resulting in an extended project duration.
- C) Allocate the highest-performing resources to the most critical tasks.
- D) Distribute work evenly across available resources without regard for the project schedule.
Correct Answer: B
The ‘Develop Schedule’ process typically produces:
- A) A list of project milestones.
- B) A project timeline with planned start and finish dates for project activities.
- C) The project budget.
- D) Resource allocation charts.
Correct Answer: B
In which process is the ‘Scope Baseline’ primarily established?
- A) Collect Requirements
- B) Define Scope
- C) Create WBS
- D) Validate Scope
Correct Answer: C
What does ‘Fast Tracking’ involve in project management?
- A) Performing activities sequentially.
- B) Increasing the project team size.
- C) Performing activities in parallel that were originally planned to be done sequentially.
- D) Extending the duration of activities to decrease resource usage.
Correct Answer: C
‘Earned Value Management’ (EVM) is a methodology that:
- A) Compares the planned project work with what was actually completed to determine project performance.
- B) Is used to estimate the project’s financial health without considering the schedule.
- C) Focuses on the qualitative assessment of project performance.
- D) Measures project performance against project constraints other than cost and schedule.
Correct Answer: A
The ‘Perform Qualitative Risk Analysis’ process is primarily used to:
- A) Quantify the financial impact of risks on the project.
- B) Assess the severity of risks based on their likelihood and potential impact on project objectives.
- C) Implement immediate responses to identified risks.
- D) Allocate budget reserves for identified risks.
Correct Answer: B
‘Communication Models’ in project management include components such as:
- A) Sender, message, medium, and feedback.
- B) Communication technology, noise, and information.
- C) Project management information system (PMIS), reports, and meetings.
- D) Stakeholder identification, message encoding, and decoding.
Correct Answer: A
‘Plan Stakeholder Engagement’ process aims to:
- A) Identify all potential stakeholders of the project.
- B) Document how to engage stakeholders and manage their expectations effectively throughout the project.
- C) Ensure all stakeholders approve the project before it proceeds.
- D) Assign tasks and responsibilities to stakeholders.
Correct Answer: B
The ‘Cost Performance Index’ (CPI) is an example of a(n):
- A) Earned value management metric used to measure the cost efficiency of a project.
- B) Indicator of the project’s schedule performance.
- C) Tool for estimating project costs during the planning phase.
- D) Quality measurement used in the control quality process.
Correct Answer: A
‘Monte Carlo Simulation’ is used in project management to:
- A) Sequence project activities.
- B) Simulate the outcomes of a project’s schedule under various conditions.
- C) Calculate the exact cost of the project at completion.
- D) Determine the fixed budget for the project.
Correct Answer: B
The primary purpose of ‘Develop Project Team’ is to:
- A) Assign project tasks to team members.
- B) Improve competencies and interaction of team members to enhance project performance.
- C) Identify training needs for project team members.
- D) Form the project team.
Correct Answer: B
Procurement Documents’ typically include all EXCEPT:
- A) Requests for Proposal (RFPs).
- B) Contracts.
- C) Work performance reports.
- D) Invitations for Bid (IFBs).
Correct Answer: C
‘Risk Urgency Assessment’ is part of:
- A) Planning risk management strategies.
- B) Prioritizing risks for further analysis or action.
- C) Quantifying the effects of risks on project objectives.
- D) Tracking identified risks and responses over the project lifecycle.
Correct Answer: B
Which of the following is a key output of the ‘Plan Procurement Management’ process?
- A) Selected sellers.
- B) Procurement strategy.
- C) Procurement management plan.
- D) Bid documents.
Correct Answer: C
In ‘Monitor and Control Project Work’, a key activity is to:
- A) Direct changes to the project management plan.
- B) Review all change requests and approve or reject them.
- C) Compare actual project performance against the project management plan.
- D) Develop and manage the project team.
Correct Answer: C
‘Work Performance Information’ is an output of:
- A) Direct and Manage Project Work
- B) Monitor and Control Project Work
- C) Perform Integrated Change Control
- D) Control Processes (e.g., Control Scope, Control Schedule, Control Costs)
Correct Answer: D
Effective stakeholder engagement is crucial for project success. Which process ensures stakeholders’ needs and expectations are identified and managed throughout the project?
- A) Identify Stakeholders
- B) Plan Stakeholder Engagement
- C) Manage Stakeholder Engagement
- D) Monitor Stakeholder Engagement
Correct Answer: C
Project scope management primarily involves:
- A) Defining and controlling what is and is not included in the project.
- B) Managing the project team and resources.
- C) Ensuring the project is completed within the approved budget.
- D) Controlling the schedule to ensure timely completion of the project.
Correct Answer: A
In the context of project time management, ‘critical path’ refers to:
- A) The shortest path through the project ensuring the earliest completion date.
- B) The longest sequence of activities in a project plan which must be completed on time for the project to complete on due date.
- C) The sequence of project network activities with the highest cost.
- D) The path with the most critical resources in the project.
Correct Answer: B
‘Earned Value Management’ (EVM) integrates which three aspects of project performance?
- A) Scope, quality, and cost
- B) Scope, schedule, and cost
- C) Cost, quality, and time
- D) Schedule, quality, and resources
Correct Answer: B
What does the ‘Cost Performance Index’ (CPI) indicate about a project’s financial health?
- A) It shows the project is under budget when CPI is less than 1.
- B) It signifies the project is exactly on budget when CPI is 1.
- C) It indicates the project is over budget when CPI is greater than 1.
- D) It indicates the project is under budget when CPI is greater than 1.
Correct Answer: D
Which process involves reviewing all change requests, approving changes, and managing changes to the deliverables, organizational process assets, project documents, and the project management plan?
- A) Perform Integrated Change Control
- B) Direct and Manage Project Work
- C) Monitor and Control Project Work
- D) Plan Risk Management
Correct Answer: A
‘Resource Leveling’ is a technique used to address:
- A) Shortages or imbalances in resource availability.
- B) The need for additional resources due to scope changes.
- C) The optimization of resource allocation to reduce costs.
- D) Increasing the efficiency of resource utilization without regard for the project schedule.
Correct Answer: A
The ‘Communications Management Plan’ is a key output of which process?
- A) Plan Communications Management
- B) Manage Communications
- C) Monitor Communications
- D) Plan Stakeholder Engagement
Correct Answer: A
In project management, ‘fast tracking’ is a technique used to:
- A) Reduce the project’s duration by compressing the schedule.
- B) Increase the speed of project delivery by adding more resources.
- C) Perform activities in parallel that were originally planned to be done sequentially.
- D) Decrease project costs by cutting non-essential activities.
Correct Answer: C
‘Qualitative Risk Analysis’ is a process that:
- A) Assesses the impact of identified risks using numerical data.
- B) Prioritizes risks based on their probability of occurrence and potential impact on project objectives.
- C) Determines the monetary value associated with each identified risk.
- D) Quantitatively analyzes the effect of risks on the project’s overall objectives.
Correct Answer: B
Which of the following best defines the purpose of the ‘Develop Project Charter’ process?
- A) To formally authorize a project or a phase and document initial requirements that satisfy the stakeholder’s needs and expectations.
- B) To outline the project objectives, deliverables, and milestones.
- C) To assign the project manager and authorize them to apply organizational resources to project activities.
- D) To establish a detailed project schedule and budget for approval by senior management.
Correct Answer: A
‘Procurement Documents’ are used for:
- A) Documenting project procurement decisions and approaches.
- B) Soliciting bids and proposals from prospective sellers.
- C) Outlining the project’s technical specifications and requirements.
- D) Managing the contract and supplier performance throughout the project.
Correct Answer: B
In project risk management, the ‘Risk Register’ is updated during which process?
- A) Identify Risks
- B) Perform Qualitative Risk Analysis
- C) Perform Quantitative Risk Analysis
- D) Plan Risk Responses
Correct Answer: D
The ‘Scope Baseline’ is primarily established in which process?
- A) Plan Scope Management
- B) Collect Requirements
- C) Define Scope
- D) Create WBS
Correct Answer: D
‘Monte Carlo Analysis’ is commonly used in project management for:
- A) Determining the project’s critical path.
- B) Estimating the probability of completing the project on time and within budget.
- C) Analyzing the qualitative aspects of project risks.
- D) Calculating the exact cost of project activities.
Correct Answer: B
The ‘Manage Communications’ process involves all of the following EXCEPT:
- A) Generating, collecting, distributing, storing, retrieving, and disposing of project information.
- B) Ensuring that project information is communicated in a timely and effective manner.
- C) Assigning communication roles and responsibilities to project team members.
- D) Updating the project management plan and project documents.
Correct Answer: C
‘Earned Value Analysis’ (EVA) is a project performance measurement technique that integrates:
- A) Project scope, schedule, and cost parameters.
- B) Quality, risk, and change management aspects.
- C) Resource allocation and optimization strategies.
- D) Stakeholder engagement and communication plans.
Correct Answer: A
Which process is responsible for tracking team member performance, providing feedback, resolving issues, and managing team changes?
- A) Develop Project Team
- B) Manage Team
- C) Acquire Resources
- D) Plan Resource Management
Correct Answer: B
A ‘Decision Tree Analysis’ in project management is used for:
- A) Planning the project schedule.
- B) Analyzing potential future events and their impacts on project outcomes.
- C) Determining the project’s critical path and float times.
- D) Allocating resources to project activities.
Correct Answer: B
The primary purpose of ‘Perform Integrated Change Control’ is to:
- A) Ensure that all changes are documented and communicated to stakeholders.
- B) Review, approve, or reject change requests and manage changes to the project deliverables, organizational process assets, and project documents.
- C) Implement approved changes to the project scope, schedule, and costs.
- D) Update the project management plan in accordance with approved changes.
Correct Answer: B
‘Plan Cost Management’ establishes:
- A) The project budget.
- B) Policies, procedures, and documentation for planning, managing, expending, and controlling project costs.
- C) The cost baseline.
- D) Detailed cost estimates for project activities.
Correct Answer: B
hich of the following is NOT an output of the ‘Develop Schedule’ process?
- A) Schedule baseline.
- B) Project schedule.
- C) Project calendar.
- D) Resource calendars.
Correct Answer: C
‘Quality Metrics’ within the Plan Quality Management process are used to:
- A) Identify which quality standards are relevant to the project.
- B) Describe a project or product attribute and how the quality control process will measure it.
- C) Document how project needs will meet the objectives of quality management.
- D) Determine the amount of quality assurance testing required.
Correct Answer: B
The ‘Direct and Manage Project Work’ process includes:
- A) Leading and performing the work defined in the project management plan.
- B) Updating the project schedule and costs based on work performance.
- C) Identifying new risks and updating the risk register.
- D) Approving project changes and updating the project management plan.
Correct Answer: A
‘Work Performance Reports’ are an output of which process?
- A) Direct and Manage Project Work
- B) Monitor and Control Project Work
- C) Perform Integrated Change Control
- D) Manage Communications
Correct Answer: B
The ‘Collect Requirements’ process is essential for:
- A) Gathering the needs and requirements of stakeholders to meet project objectives.
- B) Defining the project scope in detail.
- C) Creating a detailed project schedule.
- D) Estimating project costs.
Correct Answer: A
What is the primary purpose of the ‘Develop Project Management Plan’ process?
- A) To document the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans into a comprehensive project management plan.
- B) To establish the project’s scope, schedule, and cost baselines.
- C) To assign project tasks to team members.
- D) To identify project risks and develop mitigation strategies.
Correct Answer: A
‘Qualitative Risk Analysis’ must be performed:
- A) Before the ‘Identify Risks’ process.
- B) Simultaneously with risk identification.
- C) After ‘Quantitative Risk Analysis’.
- D) After identifying risks, to prioritize them for further action.
Correct Answer: D
Which of the following best describes ‘Earned Value Management’ (EVM)?
- A) A systematic approach to comparing the actual performance of the project against the planned performance.
- B) A technique for measuring team performance and efficiency.
- C) A method for calculating the project’s return on investment.
- D) A process for continuous quality improvement in projects.
Correct Answer: A
The ‘Plan Procurement Management’ process is primarily concerned with:
- A) Selecting vendors and awarding contracts.
- B) Documenting project purchasing decisions, specifying the approach, and identifying potential sellers.
- C) Managing the contract and relationship with the vendor.
- D) Closing out contracts upon project completion.
Correct Answer: B
‘Control Schedule’ process aims to:
- A) Develop the project schedule.
- B) Ensure project activities are completed on time.
- C) Monitor the status of project activities to update project progress and manage changes to the schedule baseline.
- D) Allocate sufficient time to all project tasks.
Correct Answer: C
In ‘Manage Stakeholder Engagement,’ the project manager should:
- A) Identify new stakeholders not previously recognized.
- B) Communicate with stakeholders about their needs and issues.
- C) Engage stakeholders in project decisions and activities based on their interests and potential impact.
- D) Monitor stakeholder satisfaction with project outcomes.
Correct Answer: C
The ‘Cost Performance Index’ (CPI) is an indicator of:
- A) The efficiency of time management on the project.
- B) The cost efficiency of the project.
- C) The accuracy of the project scope.
- D) The effectiveness of project risk management.
Correct Answer: B
Which of the following is NOT a primary concern of ‘Project Scope Management’?
- A) Ensuring the project includes all the work required to complete it successfully.
- B) Managing the project team’s performance and efficiency.
- C) Controlling what is and is not included in the project.
- D) Defining and documenting the project’s objectives, deliverables, and work.
Correct Answer: B
‘Resource Leveling’ can be best described as:
- A) Adding additional resources to activities to compress the schedule.
- B) Adjusting the start and finish dates based on resource constraints to balance demand with supply.
- C) Reducing the scope of the project to meet resource availability.
- D) Increasing the project budget to hire more resources.
Correct Answer: B
The ‘Perform Integrated Change Control’ process involves:
- A) Automatically approving all change requests submitted.
- B) Assessing the impact, validity, and value of changes to project documents, deliverables, or baselines.
- C) Implementing changes without stakeholder consultation.
- D) Focusing solely on schedule changes and ignoring cost impacts.
Correct Answer: B
‘Fast Tracking’ a project may result in:
- A) Decreased risk.
- B) Increased costs due to overtime.
- C) Improved team morale.
- D) Increased risk and potential rework.
Correct Answer: D
The main output of the ‘Plan Communications Management’ process is:
- A) An updated project management plan.
- B) The communications management plan.
- C) Project reports and presentations.
- D) A stakeholder engagement assessment matrix.
Correct Answer: B
Which technique is used in the ‘Estimate Costs’ process?
- A) Bottom-up estimating.
- B) Critical path method.
- C) Earned value management.
- D) Monte Carlo simulation.
Correct Answer: A
‘Stakeholder Engagement Assessment Matrix’ is used during which process?
- A) Plan Stakeholder Engagement
- B) Identify Stakeholders
- C) Manage Stakeholder Engagement
- D) Monitor Stakeholder Engagement
Correct Answer: D
The primary goal of ‘Plan Risk Management’ is to:
- A) Identify project risks.
- B) Define how to conduct risk management activities for the project.
- C) Implement risk responses.
- D) Quantify the impact of risks on the project.
Correct Answer: B
‘Work Performance Data’ consists of:
- A) The raw observations and measurements identified during project activities.
- B) Analyzed project data to support decision-making.
- C) Detailed reports on project progress and status.
- D) Predictive analysis on project outcomes.
Correct Answer: A
In project management, ‘Scope Creep’ refers to:
- A) The expansion of the project scope without adjustments to time, cost, and resources, typically without formal approval.
- B) The intentional addition of extra features or functions to enhance the project’s value.
- C) The natural growth of the project scope due to initial underestimation.
- D) The reduction of project scope to meet budgetary constraints.
Correct Answer: A
‘Earned Value Analysis’ (EVA) is primarily used to:
- A) Estimate the project’s future financial performance.
- B) Measure the project’s past performance to forecast future performance.
- C) Calculate the total estimated cost of the project at completion.
- D) Allocate the project budget to different work packages.
Correct Answer: B
Which of the following best describes the ‘Direct and Manage Project Work’ process?
- A) It involves leading and performing the work defined in the project management plan.
- B) It is focused on tracking, reviewing, and regulating the progress and performance of the project.
- C) It includes managing the project team and distributing tasks.
- D) It pertains to developing and managing the project schedule.
Correct Answer: A
The ‘Perform Qualitative Risk Analysis’ process helps in:
- A) Determining the cost impacts of risks on the project.
- B) Prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
- C) Implementing risk responses for identified risks.
- D) Developing a comprehensive risk management plan.
Correct Answer: B
‘Communication Models’ in project management are important for understanding:
- A) The process of information exchange, including the sender, message, medium, receiver, and feedback.
- B) The specific tools and technologies used for project communications.
- C) The hierarchy of communication within the project team and stakeholders.
- D) The budget allocated for communication activities in the project.
Correct Answer: A
The ‘Manage Communications’ process is critical for:
- A) Developing the communications management plan.
- B) Ensuring timely and appropriate collection, creation, distribution, storage, retrieval, and ultimate disposition of project information.
- C) Identifying all project stakeholders and their information needs.
- D) Monitoring and controlling stakeholder engagement.
Correct Answer: B
In the ‘Plan Quality Management’ process, ‘Quality Metrics’ are used to:
- A) Specify how different aspects of the project will be measured against quality standards.
- B) Document the project team’s roles and responsibilities in quality management.
- C) Determine the budget for quality control activities.
- D) Identify which quality standards are relevant to the project.
Correct Answer: A
Which process involves obtaining the team and resources necessary to complete project work?
- A) Develop Project Team
- B) Plan Resource Management
- C) Acquire Resources
- D) Manage Team
Correct Answer: C
‘Parametric Estimating’ is most effective when:
- A) The historical data used for estimation is considered unreliable.
- B) Projects are unique with little similarity to past projects.
- C) There is a statistical relationship between historical data and the variables of the current project.
- D) Detailed project information is unavailable.
Correct Answer: C
In which process would ‘Expert Judgment’ be particularly valuable?
- A) Acquire Resources
- B) Estimate Costs
- C) Identify Risks
- D) Both B and C
Correct Answer: D
What is a primary goal of ‘Perform Integrated Change Control’?
- A) To ensure that only approved changes are implemented.
- B) To eliminate the need for changes in the project.
- C) To approve all change requests without analysis.
- D) To document changes for future analysis.
Correct Answer: A
‘Work Breakdown Structure’ (WBS) aids in:
- A) Estimating project costs by breaking down the project into smaller, more manageable pieces.
- B) Creating a detailed project schedule.
- C) Assigning specific tasks to project team members.
- D) Both A and C
Correct Answer: A