Part 15 Flashcards

1
Q

During the risk assessment process, the qualitative analysis results in the majority of risk scores being rated as medium.

Which of the following is the BEST course of action?
A
Add the risks to the watch list.
B
Increase the contingency reserve.
C
Establish and monitor trigger conditions.
D
Assign the sponsor as the primary risk owner.

A

C

Establish and monitor trigger conditions.

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2
Q

Which of the following BEST describes the relationship between portfolios, projects, and programs?
A
A group of projects makes up a program, and all of an organization’s programs make up a portfolio.
B
A group of portfolios makes up a program, and all of an organization’s programs make up a project.
C
A group of programs makes up a project, and all of an organization’s projects make up a portfolio.
D
A group of projects makes up a portfolio, and all of an organization’s portfolios make up a program.

A

A

A group of projects makes up a program, and all of an organization’s programs make up a portfolio.

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3
Q

A key team member found a new job and will be leaving in two weeks. Which of the following should the project manager do FIRST to minimize negative impacts to the project?
A
Request a replacement from the project sponsor.
B
Contact human resources to initiate the termination process.
C
Involve the legal department for contract review.
D
Inform executive management about attrition.

A

A

Request a replacement from the project sponsor.

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4
Q

A project manager at a projectized organization is resource leveling the upcoming phase. The project manager notices one of the resources is assigned with 20% of allocation to a secondary project. This situation limits and jeopardizes the commitment date.

Which of the following should the project manager do NEXT?
A
Ask the sponsor to negotiate with the project manager from the secondary project.
B
Ask the PMO to assign additional resources.
C
Ask the project manager of the secondary project to release the resource.
D
Ask the functional manager to release the 20% of allocation from the secondary project.

A

D

Ask the functional manager to release the 20% of allocation from the secondary project.

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5
Q

Project cost control deals with:
A
project team size, location, and monetary value of the project.
B
controlling residual expenses and management reserves.
C
requirements of a project, project schedule, and cost.
D
ensuring the project is within budget, time, and quality standards.

A

D

ensuring the project is within budget, time, and quality standards.

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6
Q

A project has just begun, and people are not clear about the objectives.

Which of the following meeting types is needed?
 A
Stand-up
 B
Kickoff
 C
Impromptu
 D
Scheduling
A

A

Stand-up

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7
Q

Company A recently partnered with Company B. Over the past few months, multiple teams have been working to refine internal processes to deliver products in a more timely manner.

If the effort is successful, which of the following will MOST likely occur?
 A
Relocation
 B
Reorganization
 C
Outsourcing
 D
Demerger
A

B

Reorganization

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8
Q

The PMO has removed a vendor from a project for inflating costs and failing to complete deliverables in a timely manner. The PMO received complaints that vendor resources missed appointments and provided poor service. The vendor has initiated a lawsuit against the PMO, asserting the vendor was operating within the terms of the current agreement.

Which of the following documents should be reviewed by the PMO to support vendor removal? (Choose two.)
 A
Project management plan
 B
Service level agreement
 C
Action items
 D
Communication plan
 E
Statement of work
 F
Project charter
A

B
Service level agreement
E
Statement of work

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9
Q

A project manager is assigned a global team. The project manager is having difficulty understanding some of what is communicated during conference calls.

Which of the following is the BEST way to address this issue?
A
Communicate critical conversations and decision points via email.
B
Inform the sponsor and ask for feedback on how to address the issue.
C
Transfer the project team members who are difficult to understand to another project.
D
Reassign the project manager to a different project.

A

A

Communicate critical conversations and decision points via email.

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10
Q

A customer approaches a team member to report that old functionality is no longer valid due to technology restrictions. The team member has also noticed this during the execution of the project. The team member agrees with the new functionality provided by the customer, implements the change, and notifies the project manager.

Which of the following actions should the project manager take NEXT?
A
Conduct an impact analysis to verify there is no collateral damage.
B
Update the project management plan based on the change.
C
Notify the team that the change has been made.
D
Proceed to the next task in the project schedule.

A

D

Proceed to the next task in the project schedule.

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11
Q

A project team member has completed an assigned task on time.

After updating the project schedule, which of the following steps should the project manager take NEXT?
A
Send a project status update to the sponsor.
B
Release the team members to the functional manager.
C
Send an updated schedule to the CCB.
D
Notify the team members to begin successor tasks.

A

D

Notify the team members to begin successor tasks.

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12
Q

A project team member states that the tasks identified in the project schedule for the week greatly exceed the number of available hours for the week.

Which of the following activities would have allowed the project manager to identify and correct this issue in advance?
 A
Risk identification
 B
Gate review
 C
Resource leveling
 D
Resource allocation
A

D

Resource allocation

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13
Q

A project manager is collecting work package information from the project team for the first time.

Which of the following elements should the project manager have at the end of the meeting?
A
Task assignments, quality requirements, and project governance sign-off
B
Task name, duration, and dependencies
C
Task leveling, baseline, and critical path
D
Task start, finish, and estimate cost

A

A

Task assignments, quality requirements, and project governance sign-off

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14
Q

A project stakeholder approaches the project manager and wishes to know how long the vendor will provide support for the application being developed for the project.

This information should be provided during the:
 A
team meeting.
 B
closure meeting.
 C
kickoff meeting.
 D
stand-up meeting.
A

D

stand-up meeting.

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15
Q
Which of the following is the BEST method to provide quick status updates on project tasks without interrupting project activities?
 A
Interoffice mail
 B
Internal collaboration site
 C
Phone call
 D
Newsletter
A

A

Interoffice mail

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16
Q
A company has been trying to implement a product with multiple challenges for more than two years. Both the company and the vendor mutually agree to cancel the project. Which of the following should be issued?
 A
C&D
 B
NDA
 C
MOU
 D
LOI
A

A

C&D

17
Q

A firm, fixed-price project is on pace to exceed the maximum defect rate identified in the project charter. The customer has stated the project must be delivered on time.

Which of the following is the BEST option for the project to complete on time and within parameters?
 A
Reduce the project scope.
 B
Apply new resources to the project.
 C
Crash the schedule.
 D
Request additional budget from the customer.
A

C

Crash the schedule.

18
Q
Which of the following documents is a snapshot in time of a project during the execution phase?
 A
Risk register
 B
Status report
 C
Scope document
 D
Performance indicators
A

B

Status report

19
Q
Which of the following project management tools provides an authoritative source of the project performance guidelines?
 A
KPI
 B
SWOT
 C
RACI
 D
MOU
A

A

KPI

20
Q
Which of the following project management roles is responsible for estimating the duration of tasks?
 A
Project manager
 B
Project coordinator
 C
Project scheduler
 D
Project team
A

A

Project manager

21
Q

A project manager has received documented approval from management to begin a project and the authority to start assigning resources to the project.

The project manager has received the:
 A
project charter.
 B
statement of work.
 C
project plan.
 D
project request.
A

A

project charter.

22
Q

While starting a new project, management is aligning the project to the organization’s strategy, assigning limited resources based upon priorities, and optimizing resource deployment between projects.

Which of the following BEST describes these actions?
 A
Project management
 B
Agile management
 C
Strategic management
 D
Portfolio management
A

D

Portfolio management

23
Q

Which of the following characteristics would stakeholders MOST likely have?
A
Project steering, funding control, vested interest
B
Expertise, provide input, good at controlling
C
No vested interest, funding control, expertise
D
Provide input, vested interest, affected by project

A

D

Provide input, vested interest, affected by project

24
Q

A solid line is connecting a project team member to two people above the member on the organizational chart.

Which of the following types of organization does this indicate?
 A
Merged
 B
Functional
 C
Split
 D
Matrix
A

D

Matrix

25
Q

A sports event is coming to a local city, and the project manager for the event fears there might be violence if the local team wins.

Which of the following types of project activities would occur if the local team wins?
 A
Securing appropriate funding
 B
Implementing quality control measures
 C
Changing the timeline
 D
Applying a risk mitigation plan
A

D

Applying a risk mitigation plan