Division 1 Questions Flashcards

1
Q

THE PROJECT MANAGER CAN USE A STAKEHOLDER ANALYSIS TO ?

A

BUILD SUPPORT

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2
Q

A FORMAL REVIEW OF A PROJECT AT SPECIFIC POINTS TO DETERMINE WHETHER THE PROJECT SHOULD BE TERMINATED IS CALLED a(n)

A

PHASE GATE

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3
Q

ALL OF THE FOLLOWING DOCUMENTS SHOULD BE ARCHIVED DURING CLOSING EXCEPT THE ?

A

PROJECT CHARTER DRAFTS

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4
Q

WHY IS IT IMPORTANT TO BEGIN THE ASSUMPTION LOG DURING PROJECT INITIATION AND MAINTAINT IT THROUGHOUT THE PROJECT LIFE CYCLE

A

ASSUMPTIONS ARE A KEY COMPONENT IN UNDERSTANDING RISKS

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5
Q

WHICH PROCESS OCCURS WITHIN TH EPROJECT INITIATION PROCESS GROUP?

A

IDENTIFY STAKEHOLDERS

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6
Q

THE ______ IS THE LINK BETWEEN ORGANIZATIONAL AND PROJECT OBJECTIVES

A

PROJECT CHARTER

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7
Q

WHICH OF THE FOLLOWING IS A BENEFIT OF MANAGEMENT BY OBJECTIVES

A

PROJECTS ARE ORIENTED TO OBJECTIVES AND GOALS

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8
Q

THE ACRONYM RFP STANDS FOR ?

A

REQUEST FOR PROPOSAL

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9
Q

WHICH TOOL WOULD YOU USE TO ALIGN EXPECTATIONS AND BUILD SUPPORT FOR YOUR PROJECT?

A

STAKEHOLDER ANALYSIS

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10
Q

A PROJECT STAKEHOLDER REQUESTS THE IRR BE INCLUDED IN THE PROJECT CHARTER. THE PROJECT MANAGER NEEDS TO DETERMINE THE RATE THAT WOULD MAKE THE ___?

A

NET PRESENT VALUE OF CASH FLOW EQUAL ZERO

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11
Q

ALL OF THE FOLLOWING COULD BE GENERATED THROUGH THE STATKEHOLDER IDENTIFICATION PROCESS EXCEPT***

A

ASSUMPTION LOG

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12
Q

A BENEFIT COST RATION OF 1:2 DEMONSTRATES THAT PROJECTED BENEFITS FROM THE PROJECT ARE ?

A

GREATER THAN PROJECTED COSTS

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13
Q

WHILE DEVELOPPING THE PROJECT CHARTER, THE PROJECT MANAGER NOTICES AN ERROR IN THE BUSINESS MANAGEMENT PLAN. THE PROJECT MANAGER SHOULD?

A

NOTIFIY THE SPONSOR AND / OR STAKEHOLDERS OF THE ERROR

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14
Q

YOU ARE CONSIDERING ADOPTING A NEW TECHNOLOGY THAT MIGHT BE ABLE TO DECREASE THE TIME REQUIRED TO COMPLETE THE NEXT PHASE OF THE PROJECT. BUT IT IS A COMPLEX PIECES OF TECHNOLOGY AND YOUR STAFF WILL NEED TRAINING. YOU NEED TO CONSIDER THE TIME FRAME THAT WILL BE REQUIRED FOR THE ____.

A

LEARNING CURVE

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15
Q

AS THE PROJECT MANAGER, YOU HAVE ALLOWED LIBERAL USE OF FLEX TIME, OR THE ABILITY FOR EACH EMPLOYEE TO ADJUST THEIR WORK HOURS. NOW, COORDINATION BETWEEN TEAM MEMBERS HAS BECOME A PROJEBLEM AND IS IMPACTING THE PROJECT EXECUTION.
WHAT SHOULD YOU DO?

A

HOLD A TEAM MEETING TO DISCUSS THE PROBLEM AND DERIVE A SOLUTION

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16
Q

THE PROJECT MAANGER CAN DETERMINE KEY DELIVERABLES FROM THE

A

PROJECT REQUIREMENTS

17
Q

_____ ESTIMATING CONSIDERS UNCERTAINTY IN THE ACTIVITY DURATION ESTIMATES BY AVERAGING THE MOST LIKELY, MOST OPTIMISTIC, AND MOST PESIMISTIC ESTIMATES.

A

THREE POINT

18
Q

tM STANDS FOR ?

A

THE MOST LIKELY ESTIMATE

19
Q

tO STANDS FOR ?

A

THE MOST OPTIMISTIC ESTIMATE

20
Q

tP STANDS FOR ?

A

THE MOST PESSIMISTIC ESTIMATE

21
Q

tE STANDS FOR ?

A

THE EXPECTED TIME ESTIMATE

22
Q

FORMULA FOR TRIANGULAR DISTRIBUTION

A

tE = (tO + tM + tP) / 3

23
Q

DURING CLOSING, ORGANIZATIONAL ____ ARE RELEASED.

A

RESOURCES

24
Q

YOU HAVE JUST RECEIVED SIGN OFF BY THE CUSTOMER ON THE PROJECT DELIVERABLE. WHAT PROJECT MANAGEMENT PROCESS DID YOU WORK THROUGH TO ACHIEVE THIS FORMAL ACCEPTANCE?

A

VALIDATING SCOPE

25
Q

THE AMOUNT OF TIME A PROJECT CAN BE DELAYED WITHOUT IMPACTING THE FINAL DEADLINE IS CALLED THE ?

A

FLOAT