MOCK3 Flashcards
75 Q
- You recently went on an official trip to another country to discuss a business proposition with a potential vendor. The vendor took you out for lunch and offered you gifts, as it is customary in that country. You must:
A.Tell the vendor that you cannot accept the gifts as per company policy
B.Accept the gifts as it is a local custom, but promptly inform your manager
C.Return the gifts, because accepting them could be interpreted as a personal gain
D.Accept the gifts, as they are not very expensive
Answer: B Explanation: A project manager has the responsibility to refrain from offering or accepting inappropriate payments, gifts, or other forms of compensation for personal gain, unless it is in agreement with applicable laws or customs of the country where the project management services are being provided.
- All of the following relate to the Closing Process Group, except:
A.Managing procurement relationships, monitoring contract performance, and making changes/corrections to contracts as appropriate.
B.Procurements should be finalized prior to closing the project
C.Procurement information should be stored in a records management system
D.The project sponsor signs off on the project after the final lessons learned is complete
Answer: A Explanation: This is the definition for the Control Procurements Process, which is performed during monitoring and controlling.
- You have identified important risks and planned the appropriate responses. Some risks (e.g. possibility of natural disasters impacting the project) have been documented and accepted in your risk management plan. What are the remaining risks called?
A.Unidentifiable Risks
B.Residual Risks
C.Secondary Risks
D.Inherent Risks
Answer: B Explanation: Components of the risk register…include: Residual risks that are expected to remain after planned responses have been taken, as well as those that have been deliberately accepted.
- In a recent job interview, you are asked to define the most important characteristic of a project manager. Which of the following will be the best answer?
A.Subject matter expert
B.Integrator
C.Encoder
D.Risk manager
Answer: B Explanation: In the project management context, integration includes characteristics of unification, consolidation, articulation, and integrative actions that are crucial to project completion, successfully managing stakeholder expectations, and meeting requirements.
- You have been asked to prepare a process improvement plan. You should consider all the following, except:
A.Costs of non conformance
B.Targets for improved performance
C.Process boundaries and process metrics
D.Continual process improvement analysis meetings during Executing
Answer: A Explanation: Costs of non conformance are rework, etc. The areas to be considered in the process improvement plan include process boundaries, process configuration, process metrics, and targets for improved performance.
- You are responsible for managing a project in your company but you have little authority and have to constantly report to a functional manager. To which organizational structure does your company best relate to?
A.Matrix
B.Functional
C.Projectized
D.Balanced
Answer: B Explanation: A classic functional organization… is a hierarchy where each employee has one clear superior. Staff members are grouped by specialty, such as production, marketing, engineering, and accounting at the top level.
- You are a project manager in a manufacturing company, and are developing a new product. In this context, you are conducting requirements workshop for the stakeholders to determine the product`s critical characteristics. Which technique would best be used for this purpose?
A.Quality Function Deployment (QFD)
B.Joint Application Development (JAD)
C.Voice Of Customer (VOC)
D.Key Performance Indicators (KPI)
Answer: A Explanation: Quality Function Deployment (QFD) is an example of a facilitated workshop technique that helps determine critical characteristics for new product development. KPI is a type of performance measurement used to evaluate the success of the project. (E.g. zero defects, meets business requirements, customer satisfaction.)
- You establish clear expectations regarding acceptable behavior by project team members. You believe that early commitment to clear guidelines will decrease misunderstanding and increase productivity. These expectations and guidelines are also known as:
A.Team-building activities
B.Ground rules
C.Interpersonal skills
D.Core team rules of conduct
Answer: B Explanation: Ground rules establish clear expectations on acceptable behavior by project team members. Early commitment to clear guidelines decreases misunderstandings and increases productivity. Discussing ground rules allows team members to discover values that are important to one another.
- You are in the process of determining the types of contracts to be used, need for standardized procurement documents, and ways of managing multiple providers. You can get the guidance for doing these activities through:
A.Project Management Plan
B.Contract Change Control Plan
C.Procurement Management Plan
D.Cost Management Plan
Answer: C Explanation: The procurement management plan describes how the procurement processes will be managed from developing procurement documents through contract closure. The procurement management plan can include guidance for:
- Types of contracts to be used
- Whether independent estimates will be used and if they are needed as evaluation criteria
- Managing multiple suppliers
- You are beginning the Estimate Activity Durations Process. Which of the following would be helpful?
A.Source selection criteria, P-I matrix
B.Staffing management plan, Communications management plan
C.Quality metrics, Quality checklists
D.Activity list, Resource Calendars, Resource Breakdown Structure, Risk Register
Answer: D Explanation: Helpful inputs. Note that risk register is included as part of the contingency reserves needed for “reserve analysis.”
- You are the project manager with seven team members. One more member will be joining the team after a week. What will be the number of communication channels once the new member joins your team?
A.28
B.21
C.18
D.36
Answer: D Explanation: There will be 9 people in your team (this includes 8 team members and you, the project manager). So, the number of communication channels = 9 * (9 - A) / 2 = 9 * 8 / 2 = 36.
73.All of the following are inputs for the Monitor and Control Project Work Process, except:
●
A.Project management plan, enterprise environmental factors, organizational process assets
B.Validated changes, work performance information
C.Change requests & work performance reports
D.Schedule & cost forecasts
Answer: C Explanation: These are actually outputs for this process.
- Half way through your construction project, the CPI is 0.85 and SPI is 1.25. What could be the possible reason?
A.A critical resource went on sick leave for a long period of time, which had not been anticipated earlier.
B.The cost of raw materials required for construction increased by 10%. (You had anticipated a cost increase of 12% in your project plans.)
C.In anticipation of delays, the project was crashed to decrease the duration.
D.There was four days waiting time in the curing of concrete, and work could not be done during that time.
Answer: C Explanation: Option C: This is the correct answer, because crashing of a project results in decreased duration and increased costs. This verifies the given data on CPI and SPI. Options 1 and 4: They are ruled out, because they do not verify the given data that SPI>1. Option B: This is also ruled out, because it does not verify the given data that CPI<1.
- Even after carefully performing risk management for the project, you realize that possibility of new risks occurring in the future still exists. You will be able to handle such risks if you perform:
A.P-I Matrix Assessments
B.Continuous Process Improvement
C.Control Risks
D.Risk Response Analysis
Answer: C Explanation: The Control Risks is the process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project.
- Which of the following are not inputs to the Direct and Manage Project Work Process:
A.Organizational process assets
B.Approved change requests
C.Project management plan
D.Change control tools
Answer: D Explanation: Change control tools are a technique used in Perform Integrated Change Control process. The activities performed during the Direct and Manage Project Work process include but are not limited to manage sellers and suppliers, create project deliverables, implement the planned methods and standards, etc.
- You are a project manager in XYZ Company, which has a projectized organizational structure. In this environment, all of the following are true, except:
A.Team members are often collocated.
B.There is a “home” for project team members after a project is completed.
C.You have a great deal of authority and independence.
D.Organizational units (or departments) either report directly to you or provide support services to the various projects.
Answer: B Explanation: One disadvantage of a projectized organization is that there is “no home” for the project team members once the project is completed. All the remaining features mentioned above are features of a projectized organization.
- You have completed a NASA project for the launch of a weather forecasting satellite. The satellite is being tested for a specific quality metric. For which processes are quality metrics used?
A.Perform Quality Assurance and Plan Quality Management
B.Plan Quality Management and Perform Quality Control
C.Perform Quality Control, Plan Quality Management, and Perform Quality Assurance
D.Perform Quality Assurance and Perform Quality Control
Answer: D Explanation: Quality metrics are used in the Perform Quality Assurance and Perform Quality Control processes—Not in Planning.
- In projects, expert judgment will often be used throughout all the project integration processes as a common tool/technique. This can be provided by all of the following, except:
A.Professional and technical associations
B.Competitors
C.Consultants
D.Other units within the organization
Answer: B Explanation: Expert judgment is available from:
- Other units within the organization
- Consultants
- Stakeholders, including customers or sponsors
- Professional and technical associations
- Industry groups
- Subject matter experts
- In a previous project, the project manager told the team members what to do. The type of authority they likely had was:
A.Legitimate (formal, based on position)
B.Laissez faire
C.Expert
D.Penalty
Answer: A
- Which of the following would not be used during the Control Procurements Process?
A. Contract change control, procurement performance reviews, payment systems
B. Performance reporting, inspections, audits
C. Claims administration, records management system
D. Procurement audits, closed procurements
Answer: D Explanation: Closed procurements is performed during the Close Procurements process.
- All the following statements regarding the creation of duration estimates are correct, EXCEPT:
A.Mathematical analyses like CPM, GERT, and PERT indicate the dates on which the activity can be scheduled, given resource limits and other constraints.
B.Duration compression techniques, including fast tracking and crashing, can help in decreasing the project schedule.
C.WBS classification allows for useful activity ordering and sorting.
D.The duration of the project is the sum of the duration of all the activities in the project.
Answer: D Explanation: The duration of the project should be calculated after drawing a network diagram and determining the critical path. The duration of the project is the length of the critical path and not the sum of the duration of all the tasks in the project.
- Which of the following motivation theories is attributed to Victor Vroom?
A.Three Needs Theory
B.Expectancy Theory
C.Theory Y
D.Situational Leadership II Theory
Answer: B Explanation: Victor Vroom is attributed with the Expectancy Theory. People “expect” to be recognized/rewarded, so plan on how to link their performance with their desired reward. (Three Needs: David MCleland. Theory Y: Ouichi. Situational Leadership II: Hersey & Blanchard)
- The seller`s project is undertaken on contract and you are an employee of the seller. Since you earlier worked with ABC Bank, the buyer, you are aware of the evaluation criteria used in ABC Bank to select sellers. You understand this could be a potential conflict of interest situation. How do you propose to act?
A.Do nothing and continue to work as before.
B.Take the appropriate person in ABC Bank into confidence and discuss this issue with her to determine what to do.
C.Disclose the evaluation criteria to your (seller) organization and help their business grow.
D.Remove yourself from the project—this is a conflict of interest.
Answer: B Explanation: Option B (best answer): This is the correct answer. Since the evaluation criteria are proprietary information of ABC Bank, it is important for you to discuss the matter directly with the appropriate person in the ABC Bank. Option A: This introduces conflict of interest as to whether to act or not in favor of your current employer. Option C: This is unethical, because proprietary information of the buyer should not be disclosed. Option D: This is an extreme step that could be taken only if required after talking to the buyer.
- Calculate the to-complete-performance index (TCPI) of your project, given that the actual cost of your project is $125,000, cost variance is $65,000, and the budget at completion is $250,000.
A..9
B.0.48
C.1.7
D..3
Answer: B Explanation: CV = EV - AC
So, EV = CV + AC = 65,000 + 125,000 = 190,000.
TCPI = (BAC-EV) / (BAC-AC)
= (250000-190000) / (250000-125000)
= 60000/125000
= 0.48
- In your project, you have just conducted a risk data quality assessment to evaluate the degree to which the data about risks is useful for risk management. What is your next step?
A.Perform a structured review of project plans and assumptions, both at the total project and detailed scope levels.
B.Develop checklists to identify risks based on historical information and knowledge that has been accumulated from previous similar projects.
C.Conduct planning meetings to develop the risk management plan.
D.Conduct interviews to quantify the probability and impact of risks on project activities.
Answer: D Explanation: Justification: Risk data quality assessment is a tool for Perform Qualitative Risk Analysis process. It refers to “Interviewing” which is a tool and technique for Perform Quantitative Risk Analysis. Perform Quantitative Risk Analysis is conducted after Perform Qualitative Risk Analysis. Option A: This refers to “Documentation Reviews” which is a tool and technique for Identify Risks process. Identify Risks process is conducted before Perform Qualitative Risk Analysis process. Option B: This refers to “Checklist Analysis” which is a tool and technique for Identify Risks process. Identify Risks process is conducted before Perform Qualitative Risk Analysis process. Option C: This refers to “Planning Meetings and Analysis” which is a tool and technique for Plan Risk Management process. Plan Risk Management process is conducted before Perform Qualitative Risk Analysis process.
- You are the project manager for a project managed under contract. You receive a change request from the buyer involving a new government regulation. What should you do FIRST?
A.Talk with the project team members to understand implications of the change.
B.Adopt an Agile project lifecycle.
C.Begin the change control process.
D.Implement the change and communicate to the customer.
Answer: C Explanation: Since the change request pertains to a government regulation and the project is being managed as part of a contract, it is mandatory to implement the change. The first step towards that is to activate the change control procedure. Agile (iterative type of lifecycle) relates to determining scope early, and modifying schedule and cost routinely over the course of the project. The product is developed through a series of iterations (repeated cycles, i.e. Agile).
- In your project, you would like to identify logical groupings based on natural relationships. Which one of the following techniques would you use?
A.Force field analysis
B.Affinity diagrams
C.Voice of Customer
D.SWOT analysis
Answer: B Explanation: Affinity diagrams are used to visually identify logical groupings based on natural relationships.
- Your project sponsor has specified that you have to complete your project within 3 months with a funding limit of $ 250,000. This is an example of:
●
A.Authoritative management
B.A constraint
C.An assumption
D.High-level risk
Answer: B Explanation: Project constraints are those constraints associated with the project scope that limit the team`s options. For example, a predefined budget or any imposed dates or schedule milestones that are issued by the customer or performing organization constitute constraints.
- Your company exhibited a car model in two international auto expos and obtained feedback from the global automobile industry, auto magazines, and others. The company decided to go ahead with the designing and manufacturing of the car, taking into consideration the feedback received. Which of the following methods did your company use?
A.Observation technique
B.Prototype
C.Requirements analysis
D.Quality sample
Answer: B Explanation: Since prototypes are tangible, prototyping allows stakeholders to experiment with a model of their final product rather than only discussing abstract representation of their requirements. Prototype is a method of obtaining feedback on a requirement by providing a model to work on. Option A: Observation technique provides a direct way of viewing Individual in their environment and how they perform their jobs and tasks to carry out the processes Option C: Requirement documentation describes how individual requirements meet the business needs for the project. Option D: Requirement traceability matrix gives high level requirement to more detailed requirement.
- You are determining project roles, responsibilities, and reporting relationships. All of the following will be useful inputs to you, except:
A.Enterprise environmental factors
B.Organizational process assets
C.Activity resource requirements
D.Project organization charts
Answer: D Explanation: Develop Human Resource Plan is the process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan. Inputs to this process are activity resource requirements, enterprise environmental factors, and organizational process assets. However, project organization charts are an output.
What is the float of activity 5?
A. 0
B. 1
C. 2
D.-1
Answer: A Explanation:
The lengths of different paths are:
Start -> 1 -> 2 -> End: 10
Start -> 3 -> 5 -> End: 11
Start -> 4 -> 5 -> End: 12
Since the longest path is Start -> 4 -> 5 -> End; this is the critical path. Activity 5 lies on the critical path; hence the slack for task 5 is “0”.
- What is the status of the project?
A.Behind schedule, but under budget
B.Ahead of schedule, and under budget
C.Ahead of schedule, but over budget
D.Behind schedule, and over budget
Answer: C Explanation: Earned value (EV) = The sum of the approved cost estimates for activities completed during a given period = Estimated cost of work that is completed after day 11
= $ 5,000 + $ 5,000 + $5,000*.50 = $ 12,500 (because Activity A, Activity B are complete, Activity C is 50% complete)
Present value (PV) = Present work to be completed after day 11 = $ 5,000 + $ 5,000 + $ 5,000 * (1/5) (because at end of day 11, according to our plan, Activity A, Activity B should be complete; Activity C only one day out of 5 days should be complete, i.e. 20% complete ($ 1,000 of work should be done) = $ 11,000.
Actual cost (AC) = Actual Cost of work completed = $ 13,000.
Schedule variance (SV) = EV - PV = $ 12,500 - $ 11,000 = $ 1,500
Since SV is positive, we are ahead of schedule.
Cost variance (CV) = EV - AC = $ 12,500 - $ 13,000 = - $ 500
Since CV is negative, we are over budget.
- Motivating your team members is important for the success of the project. You understand from the HR manager that employees are motivated by self-esteem, recognition, and self-actualization. To which theory is the HR manager referring?
A.Theory Y
B.Learning curve theory
C.Herzberg`s theory
D.Maslow`s Hierarchy
of Needs
Answer: D Explanation: Abraham Maslow`s hierarchy of needs states that different people are at different levels in the need hierarchy. Usually people start out looking for physiological needs and then progressively move up the needs hierarchy.
