Part 5 Flashcards
A project manager has received a change order that will reduce a project’s timeline and budget. However, the change order also indicates the goals and deliverables of the project must remain unchanged. Which of the following is the MOST logical impact to the project?
A
The reduced timeline will decrease risk, resulting in an increased contingency reserve.
B
The reduced budget will cause the project manager to reject the change order.
C
The reduced timeline will impact the quality of the deliverables because the amount of time to test will be reduced.
D
The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
D
The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
The project manager is reviewing the earned value of work completed compared to the planned value and is representing it in a dollar figure.
This type of analysis is an example of which of the following? A Schedule variance B Risk mitigation C Cost variance D Cost performance index
A
Schedule variance
Resources for a project report to a project manager and a functional manager.
The organizational structure is: A Projectized B Ad hoc C Matrix D Functional
C
Matrix
The final project report should contain which of the following? A Summary of the project cost B Minutes of all the project meetings C Project design documentation D Detailed breakdown of the schedule
A
Summary of the project cost
The project manager has had a large number of change requests approved by the project steering committee, but has been given no extra time to deliver the project.
Which of the following schedule compression techniques should be used by the project manager? A Rebaselining B Rescheduling C Crashing D Control scope
C
Crashing
In a project with a ЁϿА of $235,000, the CPI is 0.80, and the SPI is 1.20. Based on this information, which of the following can the key stakeholders determine about the project?
A
The project is under budget and ahead of schedule.
B
The project is over budget and behind schedule.
C
The project is under budget and behind schedule.
D
The project is over budget and ahead of schedule.
D
The project is over budget and ahead of schedule.
A project has a ЁϿА of $850,000. The project manager has identified and documented that certain key applications were not included in the scope management plan. As reported, the CPI is 0.8, and the PMO allows only a 5% additional increment to the planned budget. Which of the following should the project manager do NEXT?
A
Obtain approval from the CCB.
B
Evaluate the impact and justify adding new work to the project.
C
Request a budget increase of $170,000.
D
Add the required work to complete the project behind $892,500.
A
Obtain approval from the CCB.
The business stakeholder has been engaged late and has just had a chance to review the approved requirements. Consequently, it has been identified that there are a number of gaps in the requirements which are critical to the stakeholders’s business unit.
Which of the following actions should the project manager take? A Initiate change control. B Prepare a performance report. C Manage project quality. D Follow communications plan.
A
Initiate change control.
Three IT companies have agreed to summarize their efforts as a common organization to generate new businesses in the IT cloud computing industry. Which of the following is the type of organizational change described? A Onboarding B Merger C Rightsizing D Expansion
B
Merger
A project manager is creating the monthly report for top management. The project manager has collected the information below:
AC = 100 PV = 80 EV = 120
Based on this information, the CPI reflects which of the following about the project? A It is under budget. B It is over budget. C It is ahead of schedule. D It is behind schedule.
A
It is under budget.
A project manager is releasing resources and archiving documents. Which of the following phases is the project MOST likely in? A Monitor and control B Planning C Closing D Initiation
C
Closing
Which of the following techniques modifies the schedule based upon resource constraints? A Arrow Diagramming Method B Critical Path Method C Critical Chain Method D Precedence Diagramming Method
C
Critical Chain Method
When forming a project team, there are a number of phases.
When a project team is productive and effective this phase is known as which of the following? A Forming B Performing C Norming D Storming
B
Performing
In which of the following categories does a business process change fit? A Project change B General change C Departmental change D Organizational change
D
Organizational change
Task B is not planned to start until Task A is completed. Task A is delayed and will not be completed on time. Starting Task B prior to Task A completing is an example of: A Managing change B Fast tracking C Crashing D Rolling wave planning
B
Fast tracking