Part 23 Flashcards

1
Q
The Chief Executive Officer (CEO) has changed the direction of a business and no longer needs one of the divisions. A deal is reached to sell the division to a company in another state. Which of the following BEST describes this type of organizational change?
 A
Business process change
 B
Internal reorganization
 C
Relocation
 D
Demerger
A

D

Demerger

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2
Q

One of the tasks on a project’s critical path is progressing too slowly. The team member who is responsible for completing the task is assigned to multiple projects with aggressive deadlines.

Which of the following roles has the responsibility of resolving the issue?
 A
CCB
 B
PMO
 C
Project scheduler
 D
Project sponsor
A

B

PMO

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3
Q

Which of the following describes a project’s budget overrun?
A
The project spends none of the funds.
B
The project spends in excess of the funds.
C
The project spends only the allocated funds.
D
The project spends only half of the funds.

A

B

The project spends in excess of the funds.

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4
Q

Based on the table below:

pic 20*

Which of the following is the total float for the critical path?
 A
3
 B
0
 C
2
 D
1
A

B

0

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5
Q
Expenditure tracking helps with cost:
 A
reporting
 B
discounting
 C
floating
 D
scheduling
A

A

reporting

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6
Q
A new project has just commenced. Project team members are constantly disagreeing on how tasks should be handled and are not getting along well. Which of the following stages BEST explains this situation?
 A
Forming
 B
Performing
 C
Norming
 D
Storming
A

A

Forming

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7
Q

A manufacturer is developing a product that will start in one week. The product has a delivery deadline of 90 days.

Which of the following characteristics classifies this as a project?
 A
Repetitive
 B
Iterative
 C
Temporary
 D
Ongoing
A

B

Iterative

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8
Q
A project can be defined as:
 A
permanent and ongoing.
 B
permanent and unique.
 C
temporary and standard.
 D
temporary and unique.
A

D

temporary and unique.

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9
Q

A project manager is archiving of project documents.

Which of the following phases does this describe?
 A
Initiation
 B
Closing
 C
Execution
 D
Planning
A

B

Closing

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10
Q
Which of the following primary factors are used to prioritize the development of risk response strategies? (Choose two.)
 A
Timeline
 B
Cost
 C
Likelihood
 D
Impact
 E
Quality
A

C
Likelihood
D
Impact

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11
Q

A recently added stakeholder is unaware of critical changes that will affect the department. Which of the following should the project manager do FIRST to ensure all parties have the same level of information?
A
The project manager should check the communications plan to ensure stakeholders are included on any key messages.
B
The project manager should check the project management plan to determine how the project should be managed and controlled.
C
The project manager should check the meeting agenda to ensure the stakeholder is invited to all meetings.
D
The project manager should ensure meeting minutes are distributed to all project members.

A

A

The project manager should check the communications plan to ensure stakeholders are included on any key messages.

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12
Q

On an OBS chart, there is a dashed line between some team members and the project manager, and there is a solid line connecting other members to the project manager. Additionally, some employees at a lower level on the chart have no connection to the project manager.

Which of the following does this signify?
 A
Matrix aligned organization
 B
Horizontally aligned organization
 C
Vertically aligned organization
 D
Project aligned organization
A

A

Matrix aligned organization

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13
Q
Which of the following project phases occurs when requirements are detailed?
 A
Initiation
 B
Closing
 C
Monitor and control
 D
Planning
A

D

Planning

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14
Q

Given the information in the table below, which of the following is the total project cost?

**pic 21**
 A
$95,000
 B
$70,000
 C
$40,000
 D
$120,000
A

B

$70,000

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15
Q

During an ad-hoc meeting, the PM notifies the sponsor that while the project is on schedule, material costs have increased and the project is over budget. To save the project, the PM request a material contract with a less expensive vendor. The sponsor approves the change, and project comes in within target tolerances. The company, however, receives numerous stakeholder complaints.

Which of the following is the MOST likely cause of these complaints?
A
The quality of the deliverable decreased due to the rising material cost.
B
Quality assurance actions were not adjusted for the vendor change.
C
The change was not documented and approved.
D
The PM did not follow the project communication plan.

A

A

The quality of the deliverable decreased due to the rising material cost.

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16
Q

Which of the following are MOST essential to developing an effective project team? (Choose two.)
A
Team building by mixing in-house and remote human resources
B
Dedicating the junior resources to the shortest tasks
C
Building trust through honesty and good communication
D
Selecting team members with the appropriate skill sets
E
Sharing senior resources with other projects

A

C
Building trust through honesty and good communication
D
Selecting team members with the appropriate skill sets

17
Q

A project manager is analyzing the cost variances produced when comparing two different projects completions.

pic 22

Which of the following factors could be causing the increased variance for the four-month projects? (Choose two.)
 A
Increased resource allocation
 B
Increased labor cost
 C
Increased schedule variance
 D
Increased labor overhead
 E
Increased resource productivity
A

B
Increased labor cost

D
Increased labor overhead

18
Q
Which of the following charts is a mathematical diagram used to display values for two variables for a set of data?
 A
Scatter
 B
Histogram
 C
Gantt
 D
Fishbone
A

A

Scatter

19
Q
Which of the following network scheduling techniques is focused mainly on the duration and stack of each activity?
 A
Arrow diagramming method
 B
Precedence diagramming method
 C
Program evaluation review technique
 D
Critical path method
A

D

Critical path method

20
Q
The anticipated funding level for an approved project was reduced. The sponsor has met with the project manager to identify several scope reductions. Which of the following is the NEXT step the project manager should take?
 A
Implement the change.
 B
Close the project.
 C
Evaluate the impact.
 D
Update the documentation.
A

C

Evaluate the impact.

21
Q

Project status meetings have poor attendance. A SME from the hardware team dominates the meetings when questions are asked, not allowing input from other members.

Which of the following steps should the PM take to make the meetings more productive? (Choose two.)
A
Schedule impromptu meetings when the SME is absent.
B
Change the number of action items.
C
Encourage interaction among team members during the meetings.
D
Ensure meetings minutes are accurately recorded.
E
Adjust the number of meetings.
F
Facilitate the meetings by adhering to the agenda.

A

A
Schedule impromptu meetings when the SME is absent.

C
Encourage interaction among team members during the meetings.

22
Q
A company’s management team is in a meeting to review all the products and services delivered in the first quarter of the year for profitability. They are requesting information on payback period, return on investment, and total cost of ownership. The project manager is checking the project repository for available documentation. In which of the following documents is the project manager MOST likely to find the required information?
 A
Project charter
 B
Scope of work
 C
Business case
 D
Risk management plan
A

C

Business case

23
Q
Which of the following documents should the project manager complete if requirements have been defined, but neither a vendor nor a platform has been identified?
 A
RFP
 B
SOW
 C
RFI
 D
RFQ
A

A

RFP

24
Q
An organization wants assurance that the specialty tools necessary for operation will function as intended for a specific minimum time period. Which of the following documents BEST provides this assurance?
 A
Warranty
 B
Non-disclosure agreement
 C
Purchase order
 D
Request for proposal
 E
Service level agreement
A

A

Warranty

25
Q
Which of the following resources outlines consequences of non-performance?
 A
Project management office
 B
Customer
 C
Project sponsor
 D
Project team
A

A

Project management office