Appendix B: Answers and Explanations for Chapter Review Questions Flashcards

1
Q

What are the defining characteristics of a project?

A

Temporary and unique.

A project must have a defined start and finish date and produce a unique product.

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2
Q

Which of the following is an example of a project?

A

Building a library.

A project has a defined start and finish and results in a new outcome.

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3
Q

List the names of the five process groups in project management.

A
  • Initiating
  • Planning
  • Executing
  • Monitoring and Controlling
  • Closing

These process groups are essential for managing a project effectively.

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4
Q

Is team management a knowledge area in project management?

A

No.

Team management is part of the resource management knowledge area.

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5
Q

What is the purpose of progressive elaboration in project planning?

A

To develop the project plan starting from the concept.

Progressive elaboration allows for changes and development throughout the project lifecycle.

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6
Q

What is the probability that both OTF and ST will deliver?

A

0.25.

The calculation is based on the individual probabilities of each delivering.

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7
Q

True or False: Operations have a planned closure.

A

False.

Operations are ongoing and do not have a defined end like projects.

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8
Q

What is a program in project management?

A

A group of interrelated projects.

Programs manage multiple projects that are related to achieve a common goal.

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9
Q

Which statement is true about project management areas?

A

Project scope management is a valid project management area.

Other options may include invalid areas such as project time management.

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10
Q

What is the role of the project sponsor?

A

To authorize the project.

The project sponsor is crucial in providing the necessary approvals and resources.

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11
Q

In which organization structure does the project manager have the greatest authority?

A

Project-oriented organization.

This structure grants high-to-almost full authority to project managers.

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12
Q

What skills constitute the PMI talent triangle?

A
  • Technical project management skills
  • Leadership skills
  • Strategic and business management skills

These skills are essential for effective project management.

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13
Q

What document is created during the Develop Project Charter process?

A

Project charter.

This document is key in the initiation process group.

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14
Q

What is a constraint in project management?

A

A hard deadline imposed on a project.

Constraints limit the project’s performance and must be managed carefully.

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15
Q

What must be validated and analyzed as part of risk management?

A

Assumptions.

Assumptions represent uncertainty and can impact project success.

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16
Q

What is the result of the Validate Scope process?

A

Acceptance of project deliverables.

Deliverables must be validated before they can be closed in the project.

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17
Q

What is the role of the PMO in project management?

A

To provide high-to-almost full project resource availability for the project manager.

This support is crucial for the successful execution of projects.

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18
Q

What is the only document that authorizes the project?

A

Project charter.

This document is essential for initiating the project.

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19
Q

What is the input to creating the requirements documentation?

A

Project charter.

The project charter serves as a foundational document in the planning phase.

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20
Q

What must occur before project deliverables can be accepted?

A

They must be validated through the Validate Scope process.

Validation ensures that deliverables meet the project requirements.

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21
Q

True or False: Each project must go through a proper closure.

A

True.

Skipping the closing stage can lead to incomplete project documentation and unresolved issues.

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22
Q

What is created in the initiation stage?

A

A requirements documentation and the scope statement

This is the starting point for project planning.

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23
Q

Which document is an input item to creating the project scope statement?

A

The project charter

The project charter outlines the objectives and framework for the project.

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24
Q

What process is used to create the WBS?

A

Create WBS process

WBS stands for Work Breakdown Structure.

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25
What does the Define Scope process create?
The project scope statement ## Footnote This document defines what is included and excluded from the project.
26
What is a work package in the context of WBS?
Components in the lowest level of the WBS hierarchy ## Footnote Work packages are the smallest units of work in a project.
27
What is a control account in the WBS?
A node used as a control management point ## Footnote It integrates scope, schedule, and cost for monitoring performance.
28
What is the output of the Plan Scope Management process?
Requirement management plan ## Footnote This plan outlines how requirements will be managed throughout the project.
29
What is job shadowing in the context of collecting requirements?
Another name for the observations technique ## Footnote Job shadowing involves observing users to gather requirements.
30
What does the project charter serve as an input for?
Collecting requirements ## Footnote It provides essential context for understanding project needs.
31
What is float time?
The positive difference between the allowed late start date and the early start date ## Footnote Float time indicates flexibility in scheduling.
32
What does crashing involve in project management?
Compressing the schedule by adding more resources ## Footnote This can lead to increased costs.
33
What is the critical path in project scheduling?
The longest sequence of activities that determines the project duration ## Footnote Activities on the critical path have zero float time.
34
What is a finish-to-start dependency?
A successor activity cannot start until the predecessor activity is finished ## Footnote This is one of the most common types of dependencies.
35
What does the analogous estimating technique rely on?
The duration of a similar activity in a previous project ## Footnote This technique is useful for quick estimates.
36
What is the team charter an output of?
The resource plan resources process ## Footnote The team charter outlines team roles and responsibilities.
37
What is the term for interpersonal skills in project management?
Soft skills ## Footnote Soft skills are critical for team collaboration and communication.
38
What does a responsibility assignment matrix (RAM) display?
Resource assignments for each activity ## Footnote RAM helps clarify who is responsible for each part of the project.
39
What does effective conflict resolution contribute to?
Team building ## Footnote Resolving conflicts positively can enhance team dynamics.
40
What is the output of the Acquire Project Team process?
Staff assignments ## Footnote This ensures the right people are assigned to the project.
41
What is the three-point method used for?
To estimate activity duration using a weighted average ## Footnote It considers optimistic, pessimistic, and most likely scenarios.
42
What is the input to the Plan Schedule Management process?
The project charter ## Footnote The charter provides foundational information for scheduling.
43
What is the correct answer when acquiring a team?
B ## Footnote Virtual teams are a tool in acquiring the team.
44
What do soft skills refer to?
Interpersonal skills ## Footnote This includes skills such as communication, teamwork, and problem-solving.
45
What is the Survey technique used for?
Data-gathering technique to reach consensus ## Footnote It is important to use influence and negotiations when acquiring a team.
46
What do Theory X managers believe about employees?
Employees dislike their work and will try to avoid it ## Footnote This contrasts with Theory Y managers who trust their employees.
47
What does McClelland’s theory state?
Need for achievement, affiliation, and power motivates employees ## Footnote This theory focuses on the different needs that drive individuals.
48
What is the purpose of Control Resources?
Synchronize planned, allotted, and used resources ## Footnote This process ensures that resources are managed effectively.
49
Why do you need resources figured out before estimating costs?
You cannot estimate costs until you have a resource plan ## Footnote This is essential for accurate budgeting.
50
What is the contingency reserve applied to?
Activity durations and cost estimates ## Footnote It serves as a buffer for unexpected changes.
51
What is the cost baseline?
An output of the Determine Budget process ## Footnote It is used as a reference for measuring cost performance.
52
What is the formula for earned value (EV)?
EV = BAC X (work completed/total work required) ## Footnote This calculates the value of work performed up to a certain point.
53
What is the formula for planned value (PV)?
PV = BAC X (time passed / total schedule time) ## Footnote This measures how much work should have been completed by a certain time.
54
What does cost variance (CV) measure?
CV = EV – AC ## Footnote It indicates whether the project is under or over budget.
55
What is the formula for schedule variance (SV)?
SV = EV – PV ## Footnote It measures whether the project is ahead or behind schedule.
56
What does a CPI value greater than one indicate?
Cost performance is better than planned ## Footnote Conversely, an SPI value greater than one means schedule performance is better than planned.
57
What does the integrated performance measurement baseline refer to?
Schedule baseline, scope baseline, and cost baseline ## Footnote It is essential for project performance evaluation.
58
What is the role of controlling scope, schedule, and cost?
Generates work performance information ## Footnote This is vital for project tracking and reporting.
59
What is the stakeholder cube?
A model used for stakeholder analysis ## Footnote It helps in identifying and managing stakeholder relationships.
60
What does the stakeholder engagement plan include?
Strategies for managing stakeholder engagement ## Footnote It guides how to effectively communicate with stakeholders.
61
What is the difference between communication and communications?
Communication refers to the act; communications refer to artifacts ## Footnote Artifacts include reports, emails, and meeting minutes.
62
What is benchmarking in quality planning?
A technique that compares practices to improve performance ## Footnote It helps create a basis for measuring performance.
63
What is a matrix diagram used for?
Not used for exploring effects of defects ## Footnote Cause and effect diagrams serve that purpose.
64
What is the output of the Manage Quality process?
Work performance data ## Footnote It is essential for assessing project quality.
65
What is the correct answer regarding the use of quality metrics in project success?
D ## Footnote Quality metrics are not used to find key quality metrics; matrix diagrams are the tool for that.
66
What is the input to the Manage Quality process?
Work performance data is not the input; it is input to the Control Quality process. ## Footnote The correct inputs to Manage Quality include quality metrics and project management plan.
67
What does the Manage Quality process incorporate?
The organization’s quality policies and procedures into quality activities. ## Footnote Quality control verifies project deliverables, and Plan Quality identifies quality requirements.
68
What technique is used for performing the Manage Quality process?
Quality audit. ## Footnote Quality audit is associated with quality assurance, while quality planning determines relevant quality standards.
69
Which diagram is a tool used in both Quality Control and Manage Quality processes?
Ishikawa diagram. ## Footnote It is also known as a cause and effect diagram or fishbone diagram.
70
What is the purpose of a control chart?
To plot results to determine if they are within acceptable limits. ## Footnote It helps in monitoring process stability over time.
71
What does a cause and effect diagram identify?
Potential effects of defects and helps prioritize fixing them. ## Footnote It is also called an Ishikawa diagram.
72
What is the definition of quantitative risk analysis?
The numerical analysis of a risk. ## Footnote It involves assigning numerical values to risks to assess their impact quantitatively.
73
What is the output of the risk identification process?
Risk register. ## Footnote It is not used as an input because it does not exist prior to this process.
74
What risk response involves transferring the risk to a third party?
Risk transfer. ## Footnote This does not involve mitigating or accepting the risk.
75
What is SWOT an acronym for in risk identification?
Strengths, Weaknesses, Opportunities, Threats. ## Footnote It is a technique used to identify risks in a project.
76
What is a characteristic of firm fixed price (FFP) contracts?
Cost overruns are borne by the seller. ## Footnote In contrast, cost plus contracts share overruns between buyer and seller.
77
In a cost plus fixed fee (CPFF) contract, who pays for cost overruns?
The buyer. ## Footnote The seller is reimbursed for all allowable costs.
78
What process uses make-or-buy analysis?
Plan Procurements. ## Footnote It helps in deciding whether to produce in-house or procure from external sources.
79
What is the output of the risk monitoring and controlling process?
Risk-related recommendations for corrective actions. ## Footnote These recommendations must go through the Integrated Change Control process for approval.
80
True or False: A document called the risk response management plan exists.
False. ## Footnote Risk response activities are included in project documents.
81
What is the purpose of the Validate Scope process?
To ensure deliverables meet the required specifications before project closure. ## Footnote This process occurs after the Control Quality process.
82
What is the correct answer for the procurement contracts being closed?
C ## Footnote C is correct because procurement contracts are closed to end the Control Procurements process.
83
Which answer is correct regarding the deliverables' validation process?
B ## Footnote B is correct because the deliverables must go through the Validate Scope process before the Close Project process.
84
What must happen before the scope of deliverables can be validated?
They must be verified through the Control Quality process. ## Footnote A is incorrect because the deliverables must be verified through the quality control process first.
85
Which process must be performed before accepted products go through the Close Project process?
Control Procurement process ## Footnote C and D are incorrect because the Control Procurement process must be performed first.
86
What is the correct answer regarding sellers sending proposals?
A ## Footnote A is correct because sellers send proposals in response to buyers looking for sellers during the Conduct Procurement process.