Bootcamp Chapter 1-PRETEST Flashcards
Your team is in the middle of executing a project that is now projected to run three weeks too long. Which of the following adjustments would allow the project to be delivered on time?
A. Substitute a lesser experienced programmer for a more experienced one
B. Move resources from a non-critical task to a critical path task
C. Modify the purchase of new equipment to less expensive equipment
D. Allow a tester on the project to temporarily work on another, more critical project
ANSWER: B
During the Executing and the Monitoring and Controlling phases, the project sponsor tells you, the project manager, that the requirements have changed for one of the project deliverables. Based on this new knowledge, you have to complete additional planning. What is the term used to describe this series of events?
A. Regression testing
B. Progressive planning
C. Progressive elaboration
D. Project elaborations
ANSWER: C
Regression testing has nothing to do with this question. Progressive planning and project elaboration may sound correct, but they are not applicable in this situation
A project team has worked long and hard on a complex procurement statement of work for a significant purchase. After much work and many reviews, all have agreed that the procurement statement of the project needs in sufficient detail to avoid contract disputes later. You ask a peer for advice on what to do during the upcoming bidder conference. The best advice the peer can give you includes:
A. Double check to ensure that all project scope is negotiated
B. Ask the project sponsor to handle the bidder conference, so that you can focus on the negotiation sessions
C. Delegate the bidder conference management to the contracts manager
D. Ensure that all potential bidders have sufficient time to ask all of their questions, and that all questions are asked and answered while all potentials bidders are in the room
ANSWER: D
Choices A, B and C might be good things to do, but none of them specify if the scope document is complete or not, so it may not be prudent to do them now. Choice D is the only answer that ensures that the potential bidders fully understand what the bid documents are asking them to do.
You have just been hired as a project manager, and you are told that one of your responsibilities is to analyze project performance and then recommend preventative actions based upon your analysis. The purpose of these activities is to:
A. Reduce the probability of positive schedule float
B. Reduce the probability of future negative performance
C. Increase the probability of a negative CPI
D. Improves the chances of project closure
ANSWER: B
Recommended preventative actions are implemented to reduce the probability of incurring future negative performance.
Preventative actions are not directly related to schedule float or CPI; therefore, A and C are incorrect. Although preventative actions might improve the chance of project closure, answer D, the best answer is B
An organization uses earned value management to assess project performance. Which of the following sets of values reflect the data that the project manager needs to monitor for earned value management?
A. Cp, Co, 4Cm
B. PV, EV and AC
C. EAC, ETC and BAC
D. NPV, IRR and BCR
ANSWER: B
Answer A lists PERT data points; answer C lists EAC,ETC and BAC, all of which are forecasting formulas, and answer D lists project selecting methods.
A project team member informs you that one of her colleagues is furious about the project schedule you recently e-mailed to the team. You decide to postpone addressing the problem in order to better prepare to resolve it. This technique is called:
A. Compromise/Problem Solve
B. Avoid/Accomodate
C. Smooth/Accomodate
D. Withdraw/Avoid
ANSWER: D
Withdraw/Avoid refers to retreating from conflict in order to let someone else resolve it or better prepare. A and C are incorrect because the parties have not begun to work toward a solution. Answer B is not listed in the PMBOK guide as a conflict technique.
When creating a summary budget for the project charter, you often have a high degree of uncertainty in estimates. This uncertainty is because during Initiating:
A. The project’s probability of succeeding is high
B. Stakeholder influence on the project is low
C. Risk is high
D. Expended cost-to-date is high
ANSWER: C
Risk is highest at the beginning of the project, when there are many unknowns. The other answers are all false.
You join a projectized organization as a project manager. Which of the following best describes your level of authority?
A. Low to moderate
B. Moderate to high
C. High to almost total
D. Little or none
ANSWER: C
Answers A, B and D are level of authority in balanced matrix, strong matrix and functional, respectively.
Body language accounts for how much understanding of verbal communication?
A. 55%
B. 38%
C. 7%
D. 100%
ANSWER: A
Body Language is 55%
Pitch and tone of voice is 38%
words are 7%
The mechanical engineering manager has reported to you, a project manager, that the work due at the end of this week is going to be two weeks late. Your manager has requested that you do not report this to senior management. What does the code require you to do:
A. Because the manager helped you in the past, you do not report the slip, and hope that the work gets back on schedule in the near future.
B. Issue revised status report that does not show the work so that the slippage will not be noticed
C. Wait until the work is complete, and then report the slippage
D. Report the status timely and accurately
ANSWER: D
You are using earned value status formulas to assess your project’s performance. The first term you use in each formula is:
A. EV
B. PV
C. AC
D. EAC
ANSWER: A
The EV is the first term in all the status formulas, which are:
SV=EV-PV
CV=EV-AC
SPI=EV/PV
CPT=EV/AC
The team for your project is completing the transfer of its final project to the next phase of production. This is the output of what process?
A. Perform Integrated Change Control
B. Close Project or Phase
C. Monitor and Control Project Work
D. Direct and Manage Project Work
ANSWER: B
Although the outputs for the Direct and Manage Project Work and CLose Project or Phase processes are very similar their wording is slightly different. Deliverables are the output of the Direct and Manage Project Work process. Final product, service, or result transition is the output of Close Project or Phase.
To ensure maximum return on investment of a portfolio, senior management attempts to ensure that resources are allocated to:
A. The endeavors that properly align with organizational objectives
B. the endeavors that achieve the highest ROI
C. The projects or programs that are directly related to each other
D. The projects or programs that are most likely to succeed
ANSWER: A
PMBOK defines portfolio as “projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives”. A is the only answer that directly addresses alignment with the organizational objects
You are evaluating two projects. Project A has an expected duration of 90 days with a standard deviation of 10 days, and Project B has an expected duration of 100 days with a standard deviation of 4 days. Which statement is not true regarding these two projects?
A. Project B is riskier than Project A because its expected duration is longer
B. Project A is riskier than Project B because its standard deviation is larger
C. The maximum possible duration of Project A estimated at a 95% probability is longer than Project B
D. Both projects have the potential to be completed within 90 days
ANSWER: A
Answer A is not true; a longer duration does not necessarily indicate higher risk.
B is because a larger standard deviation indicates a riskier estimate
C is true because the maximum estimate for Project A at 95% probability is 110 days, whereas the max for Project B is 108 days.
D is true because minimum estimate at 3 standard deviations for Project A is 60 days and for Project B is 88 days, so both could potentially finish within 90 days
You are completing a risk register during the planning phase of a project. Which type of risks should you put on your watch list for future monitoring?
A. High probability and high impact risks
B. Risks for the near term
C. Low priority risks
D. Unknown risks
ANSWER: C
Low priority risks are risks that you want to continuously monitor and control for changes.
Answers A and B identify risks for which you need a response plan.
Answer D, unknown risks, cannot be listed on your risk register
You have just been hired by an accounting firm to manage a project to upgrade the company’s billing system. The previous project manager has managed the project since its inception and dutifully collected weekly activity reports from all team members. In reviewing the reports, you notice that CV=-$1938, CPI=.74, A=$8338, EV=$6400, ETC=$32,658, and BAC is $36,000. As the new project manager, you are preparing the report for your first presentation to senior management. What is the EAC you will report if past assumptions are flawed?
A. $48,649
B. $34,062
C. $37,938
D. $40,996
ANSWER: D
If past assumptions are flawed, the formula is EAC=ETC+AC
You are confirming human resource availability for your project as part of the Acquire Project Team process. Which of the following is not a tool or technique you will use?
A. Acquisition
B. Negotiation
C. Co-location
D. Pre-assignment
ANSWER: C
Co-location is a tool or technique of the Develop Project Team process, not the Acquire Project team process
While analyzing defects, the project team is attempting to isolate the cause of a quality problem on a project. After exhausting other speculations, they theorize the problem may be centered around the impact of one variable on another. Which of the following quality control techniques will confirm a relationship between the variables and why?
A. A run chart or control chart because these show both the mean of all the desired outcomes and valuable trend indicators. If the mean and trends align, that shows a relationships.
B. A Pareto chart because it shows the percentages of each defect’s occurrence, and therefore it logically follows that the defects that have near the same percentage are related
C. A scattergram because it shows the relationship between independent and dependent variables
D. A RAM chart because it will show what resources are working on more than one task in the project. The fact that a particular resource is doing work on more than one task will lead to the origin of the problem
ANSWER C
Scattergrams show the relationship between independent and dependent variables, and the closer this comparison follows the diagonal line, the more related the variables are to each other. This allows the quality team to study and identify possible relationships between these variables
Which of the following is not true for the expected monetary value of a project?
A. For an investment to be considered pursuable, expected value must exceed or at least equal initial value
B. Expected value of a project equals the initial value plus the algebraic sum of the expected values of the risk events
C. Best case means that the full values of all positive conditions are added to the initial value while all negative conditions are ignored
D. Best case and worst case scenarios should be equal
ANSWER D
ANSWERS A, B and C are all correct considerations in the expected monetary value approach
A manufacturer of commercial kitchen equipment has just hired you to complete a project to develop a new product line. Product quality is critical to the company. A poor quality product could result in adverse publicity and involve expensive litigation. You decide to conduct a quality audit during project execution. The quality audit will identify all of the following except:
A. Whether the project team followed the planning quality process and standards
B. The improvement opportunities for the existing project
C. Whether the products are safe and fit for use based on the product specifications
D. Whether scope verification will be formally accepted by the sponsor
ANSWER D
Quality audits determine “if a project activities comply with organizational and project policies, processes, and procedures”. Acceptance of the deliverable is the focus of the Validate Scope process in the Project Scope Management Knowledge Area.
You are conducting a make-or-buy analysis to determine whether your project team should test the new software they are creating, or if testing services should be purchased from outside sources. Which of the following are not criteria you should consider?
A. Budget estimates
B. Direct costs
C. Technical differences
D. Indirect costs
ANSWER: C
Answers A, B and D are included in make-or-buy analysis
A project sponsor has requested information about the cost performance on a project, so you need to determine cost variance. What formula should you use?
A. AC-EV
B. EV-AC
C. EV/AC
D. EVxAC
ANSWER: B
Answer B is the formula for cost variance, while answers A and D are not valid EVM formulas, and answer C is the formula for determining CPI
McGregor’s Theory X and Theory Y describe the relationship between management style and employees. Theory X assumes people:
A. Want to achieve, are creative, will work on their own, and will do a good job given the right motivation
B. Are generally lazy and will avoid work unless threatened
C. Are self motivating
D. Like to socialize while at work
ANSWER: B
Answer A describes Theory Y, so it is incorrect. Answer C describes a portion of theory Z (Ouchi) so it is incorrect