Deck 1 Flashcards

1
Q

(Bar chart with traffic, child care, public transportation, weather, overslept and emergency on the x axis and cumulative percent line on the y-axis)
In which process would you use the following type of diagram?

A

Control schedule

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2
Q

You are speaking with the department manager of the quality assurance group. He tells you that in his experience all people are lazy and without constant supervision nothing would ever get done. He also mentions that the only reason that people take any responsibility at your company is because there is such a good incentive program. What theory best describes this manager?

A

Theory X

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3
Q

You are performing the Plan Risk Responses process for your manufacturing project and encounter a critical risk that may have a high impact on the project completion. All of the following are valid responses to this new risk except?

A

Conducting bidder conferences

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4
Q

You are managing a nationwide telecom network deployment project. You learned that you are unable to start any civil works before obtaining a government agency’s permit, which could take months. The project deadlines are aggressive and you might face penalties if you don’t meet them. Obtaining the government agency’s permit prior to civil works on any site is an example of which of the following?

A

Project requirement

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5
Q

You are currently performing the Plan Quality process for your construction project. You are required to prepare the process improvement plan along with the quality management plan for your project. You intend to use the Six Sigma methodology to help you in your process improvement. Which of the following should you choose for your process improvement plan?

A

TQM

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6
Q

Which of the following statements regarding the work breakdown structure (WBS) is incorrect?
The WBS subdivides project work into smaller and more manageable components
The WBS is a deliverable-oriented hierarchical decomposition of the project work
The WBS organizes and defines the total scope of the project
The WBS contains components representing higher levels of scope decomposition called work packages

A

The WBS is a deliverable-oriented hierarchical decomposition of the project work

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7
Q

You are managing a factory setup project and it was decided earlier that you will outsource all construction activities to qualified vendors. Your project planning is complete and your next step is to have potential vendors review the construction activity requirements so that they can fully understand the scope of work and submit accurate cost and schedule estimates for its completion. Which of the following procurement tools and techniques would be best to obtain these cost and schedule estimates?

A

Bidder conferences

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8
Q

You have just started managing a project to produce a guidance system for a communications satellite. According to the previous project manager, the project team was in the performing stage and smoothly completing the project activities. During your first week as the project manager you decide to change a few of the project procedures to make them more efficient. You also determined after meeting with each of the project team members that the project team is actually in serious conflict. What is the most likely reason for the project team’s current behavior?

A

The replacement of the project manager has moved the project team back to the storming stage

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9
Q

If EV = $100, AC = $90, PV = $110 and BAC = $400, how much is the Cost Variance of a project?

A

$10, CV= EV - AC

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10
Q

PERT Equation

A

(P + 4ML + O)/6 where P is pessimistic, ML is most likely, and O is optimistic

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11
Q

One standard deviation equation

A

SD = ABS (P-O/6)

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12
Q

Cost variance equation (CV)

A

CV = EV - AC where EV is earned value and AC is actual cost

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13
Q

Cost performance index equation (CPI)

A

CPI = EV / AC

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14
Q

Schedule variance equation (SV)

A

SV = EV - PV where EV is earned value and PV is planned value

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15
Q

Schedule performance index equation (SPI)

A

SV = EV/ PV where EV is earned value and PV is planned value

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16
Q

Estimate AT completion equation (EAC), assume same spending rate

A

Assuming consistent spending rate:
EAC = BAC/ CPI
Where BAC is budget at completion and CPI is cost performance index

17
Q

Estimate TO complete equation (ETC) assume same spending rate

A

ETC = EAC - AC
EAC is estimate at completion
AC is actual cost

18
Q

Variance at completion equation (VAC)

A

VAC = BAC - EAC

19
Q

TCPI using BAC equation

A

TCPI = (BAC - EV)/ (BAC - AC)

20
Q

TCPI using EAC equation

A

TCPI = (BAC - EV)/ (EAC - AC)

21
Q

Number of communication channels equation

A

(n x (n-1))/2

22
Q

What is the goal of portfolio?

A

Achieve strategic objectives of the organization

23
Q

What is the goal of program?

A

Obtain benefits and control

24
Q

What is the project goal?

A

Deliverable management

25
Q

What does the project management organization (PMO) provide?

A

Governance

26
Q

What are the three levels of governance provided by the PMO?

A

Supportive (low control)
Controlling (moderate control, compliance)
Directive (high control, manages project)