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CAPM Cohort 1 > Integration Management Review > Flashcards

Integration Management Review Flashcards

1
Q

What best describes the aim of Integration Management?

A

Putting all Pieces of a project into a cohesive whole

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2
Q

Is the project charter created during planning and executing process groups?

A

No, it is developed in the initiating stage

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3
Q

You are working as a project manager in a software company. Which of the following can be a measurable project objective?

A) Delivering a good software application
B) Having an application which will have nice screens
C) Completing project in 6 months, with a 500.000 USD budget
D) Delivering an application with very few defects

A

C) Completing project in 6 months, with a 500.000 USD budget

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4
Q

Benefits of project charter:

A
  • Links project to ongoing work of the organization
  • Having a charter eliminates the necessity of a detailed project plan
  • High-level requirements of the project are defined
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5
Q

You are working as a project manager in a smart phone manufacturer. During your meetings with your customer, you have noted the following:

a. Smart phone must have a 8 MP camera
b. Smart phone must support Wi-Fi and 3G
c. Smart phone must not be heavier than 60 grams

These are examples of:

A

Stakeholder Requirements

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6
Q

During creation of your project charter, you mentioned that “Kelly Watson will be the leader of the project, and she has the authority to send executive progress reports and manage the project budget”.

This defines:

A

Project Manager Assigned and Authority Level

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7
Q

You are working as a project manager in a construction company. In your new project, a new hotel is built nearby a lake. Who are the stakeholders of this project?

A) Resident living close to lake
B) Civil engineer working in the project
C) Owner and sponsor of the project
D) All of the above

A

D) All of the above

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8
Q

An Economic Model for project selection:

A
  • Present Value
  • Internal Rate of Return
  • Payback Period
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9
Q

You have just started to your project. Customer made the initial payment, 50 USD after you started to your project and there will be two more 50 USD installments at the end of 1st and 2nd year respectively. If your company uses present value as project selection method and if yearly interest rate is 10%, which of the following is true?

A) Present value of the total project is less than 150.000 USD
B) Present value of the total project is 150.000 USD
C) Present value of the total project is more than 150.000 USD
D) Present value of the total project cannot be determined with the provided information

A

A) Present value of the total project is less than 150.000 USD

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10
Q

Your company is using net present value as economic model when selecting projects. Currently, three projects are evaluated:

a. Project A: NPV = 100.000 USD and project length = 6 months
b. Project B: NPV = 200.000 USD and project length = 2 years
c. Project C: NPV = 50.000 USD and project length = 1 month

Which of these projects should be selected?

A) Project A
B) Project B
C) Project C
D) Information provided is not sufficient

A

B) Project B

Highest NPV value

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11
Q

If your company uses Internal Rate of Return (IRR) as a project selection method, which of the following projects should be selected?

A) Project A with IRR = 4%
B) Project B with IRR = 9%
C) Project C with IRR = 11%
D) Project D with IRR = 13%

A

D) Project D with IRR = 13%

Highest IRR

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12
Q

Payback Period:

A
  • Payback period is the number of time periods to recover investment of a project.
  • Projects with shorter payback periods should be selected
  • If payback period is 3 months for a project where 100 USD has been invested initially, it will generate 100 USD revenue in 3 months after project has been accomplished.
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13
Q

In your construction project, a worker builds up 5 meters of wall in a day. Since this task has been delayed and needs to be finished as soon as possible, you decided to put another worker to work on building up this wall. When you checked again the status, you have seen that 2 workers started to build up 8 meters of wall in a day instead of 10 meters of wall.

This can be explained by:

A

Law of diminishing returns

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14
Q

Your company uses straight line depreciation when valuing vehicles and equipment. A truck that has been bought two years ago for 300 USD is now valued for 260 USD. What will be the value of truck after three years from now?

A) 220.000 USD
B) 200.000 USD
C) 180.000 USD
D) 150.000 USD

A

B) 200.000 USD

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15
Q

Project Statement of Work (SOW):

A
  • Created by customer or project sponsor
  • Defines needs and product scope of project
  • Describes how project fits to customer’s strategic plan
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16
Q

Management Plans of project are created during Develop Project Management Plan Process. Which of the following is NOT true about Management Plans?

A) Looks back in time to find problematic parts of the project
B) Unique to each project
C) Created by project manager
D) Covers how the project will be managed and controlled

A

A) Looks back in time to find problematic parts of the project

17
Q

Project Management Plan includes all of the following EXCEPT:

A) Processes that will be used in project
B) Scope, Schedule and Cost Baselines
C) Change Management Plan
D) Lessons Learned Document

A

D) Lessons Learned Document

18
Q

Performance Measurement Baseline includes all of the following EXCEPT:

A) Risk Baseline
B) Scope Baseline
C) Schedule Baseline
D) Cost Baseline

A

A) Risk Baseline

19
Q

Scope baseline of a project includes all of the following EXCEPT:

A) WBS
B) WBS Dictionary
C) Procurement Statement of Work
D) Project Scope Statement

A

C) Procurement Statement of Work

20
Q

Which of the following is NOT true about baselines?

A) Baselines help to see deviations during project execution
B) All changes to project must be reflected in baselines as well
C) Changes to baselines should be formally requested
D) Deviations from baselines often occur due to incomplete risk management activities

A

B) All changes to project must be reflected in baselines as well

21
Q

Change Management Plan includes all of the following EXCEPT:

A) Change control procedures
B) Risks of project
C) Participants of change meetings
D) Approval levels for changes

A

B) Risks of project

22
Q

Which of the following is NOT a Project Document?

A) Scope Management Plan
B) Project Charter
C) Activity List
D) Project Statement of Work

A

A) Scope Management Plan

23
Q

BEST describes Kick-Off meeting?

A

Makes sure everyone is on the same page before execution of project starts

24
Q

Which process of the Integration Management Knowledge area includes managing people and doing the project work?

A

Direct and Manage Project Work

25
Q

Which of the following processes’ main output is the Lessons Learned?

A

Manage Project Knowledge

26
Q

During execution of your project, you notified that work of software developers might be lost if server is corrupted. In order to avoid this problem, you have scheduled daily backups of the developed work.

This is an example of:

A

Preventive Action

27
Q

You are working as a project manager in a car manufacturer. Your customer required you to develop a car which can reach to 100km/h in 10 seconds. During your tests, you have realized that car can reach to 100km/h in 10.5 seconds. You have to perform additional activities to reach this speed in 10 seconds.

This is an example of:

A

Defect Repair

28
Q

Which of the following is an example for corrective action?

A) Putting extra resource for an activity which is already late and getting delayed
B) Planning activities for a problem that might happen in future
C) Fixing a software problem occurred during customer acceptance tests
D) Planning dates for project deliverables

A

A) Putting extra resource for an activity which is already late and getting delayed

29
Q

One of the civil engineers in your construction project will leave the project at the end of the month. A new engineer will be joining the team and he will hand over what he did in the project through a documentation. Civil engineer writes down the details of the project in the hand over document.

This is an example of:

A

Explicit Knowledge

30
Q

Which of the following can be an example of Approved Change Request?

A) Corrective Action
B) Preventive Action
C) Defect Repair
D) All of the above

A

D) All of the above

31
Q

Which of the following is NOT done during Monitor and Control Project Work Process?

A) Implementation of an approved change request
B) Control of the project from initiating to closing
C) Generation of change requests
D) Monitoring performance of the project

A

A) Implementation of an approved change request

32
Q

Changes are inevitable in a project. Changes are accepted, rejected and handled in which process?

A

Perform Integrated Change Control Process

33
Q

Which of the following is NOT true about a project manager’s role during integration management?

A) Spend enough time in risk management to identify the risks
B) Start the project as soon as first requirements have been obtained
C) Come up with time and cost reserves
D) Follow the process to control changes

A

B) Start the project as soon as first requirements have been obtained

34
Q

Your project started to receive so many change requests and these change requests started to be excessive. Which of the following would be BEST action?

A) Evaluating every change request and deciding for every change request in status meetings
B) Escalating the issue to Change Control Board
C) Terminating the project and starting a new project with a complete set of requirements
D) Only doing the change requests that will not affect baselines

A

C) Terminating the project and starting a new project with a complete set of requirements

35
Q

Who responsible for analyzing, approving and rejecting change requests in a project?

A

Change Control Board

36
Q

During your customer acceptance tests, customer wanted a new feature to be included in final product and raised a change request. You evaluated the impacts of the change request, which of the following is NEXT step?

A) Reject the Change
B) Get approval for the Change Request
C) Implement the Change if it does not affect your plans
D) Create options for implementing change request

A

D) Create options for implementing change request

37
Q

Close Project or Phase is a process of integration management knowledge area. Which of the following is NOT true about this process?

A) All project work must have been completed before entering this process
B) Final approval is get from customer
C) Focuses on closing all knowledge areas
D) If a project has been terminated, close project or phase process can be skipped

A

D) If a project has been terminated, close project or phase process can be skipped

CAPM Cohort 1 (27 decks)

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