Part 5 Flashcards

1
Q

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.

A

D
The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.

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2
Q

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

A

Schedule variance

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3
Q

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
A

C

Matrix

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4
Q
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

A

Summary of the project cost

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5
Q

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
A

C

Crashing

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6
Q

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.

A

D

The project is over budget and ahead of schedule.

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7
Q

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

A

Obtain approval from the CCB.

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8
Q

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

A

Initiate change control.

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9
Q
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
A

B

Merger

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10
Q

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

A

It is under budget.

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11
Q
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
A

C

Closing

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12
Q
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
A

C

Critical Chain Method

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13
Q

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
A

B

Performing

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14
Q
In which of the following categories does a business process change fit?
 A
Project change
 B
General change
 C
Departmental change
 D
Organizational change
A

D

Organizational change

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15
Q
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
A

B

Fast tracking

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16
Q
Which of the following is a team-building stage that involves the team learning to trust one another’s abilities and begin working together as a productive group?
 A
Storming
 B
Forming
 C
Norming
 D
Performing
A

C

Norming

17
Q
A company hires a number of interns and assigns them key roles on a project. Which of the following should the project manager MOST likely anticipate?
 A
Reduced timeline
 B
Reduced quality
 C
Reduced scope
 D
Reduced risk
A

B

Reduced quality

18
Q

Which of the following would indicate a project manager is working in a matrix-based organization?
A
Resources align to the project, report to the project manager, and have no functional home at the end of the project.
B
The project manager has full authority over resources and the project.
C
The project manager has no authority over the project resources and limited-to-no authority over the project.
D
Resources report to business area functional managers and return to the functional area at the end of the project.

A

B

The project manager has full authority over resources and the project.

19
Q
A project team has finished creating a WBS and started developing a schedule. The team should FIRST determine the:
 A
tasks.
 B
critical path.
 C
durations.
 D
resources.
A

A

tasks.

20
Q
A project is taking more effort than anticipated. Which of the following constraints will MOST likely be affected?
 A
Time
 B
Quality
 C
Scope
 D
Cost
A

D

Cost

21
Q
Which of the following activity sequencing techniques uses nodes to symbolize the dependencies of each activity?
 A
Gantt Chart Method
 B
Critical Path Method
 C
Arrow Diagramming Method
 D
Critical Chain Method
A

C

Arrow Diagramming Method

22
Q

A project manager is trying to ensure the quality of the design and reduce the number of potential defects. The project manager would like to use the fishbone diagram to perform this analysis.

This type of modeling relies on:
 A
Causes of a specific event.
 B
Determining the number of events.
 C
Variance in the process over time.
 D
Prioritizing the specific event.
A

A

Causes of a specific event.

23
Q
A risk with a high probability and medium consequence to a project has been identified. In response, the project manager has purchased an insurance plan with the intent to provide additional funds if the risk is realized. There is no risk to the schedule or scope. Which of the following types of risk strategies is this an example of?
 A
Mitigate risk
 B
Transfer risk
 C
Avoid risk
 D
Exploit risk
 E
Accept risk
A

B

Transfer risk

24
Q

A PM receives notification that an issue will impact a deliverable on the critical path. The issue is logged with a unique ID and assigned to a team member; however, the team member has not addressed it after a week. Which of the following would be the BEST approach to resolving the issue?
A
Review the issue with the assigned team member to determine a due date.
B
Assign a different team member to resolve the issue before the next status meeting.
C
Set a due date to resolve the issue and inform the assigned team member.
D
Report the team member to a functional manager for disciplinary action.

A

A

Review the issue with the assigned team member to determine a due date.

25
Q
Two team members approach a project manager with different ideas for completing a task. After listening to the team members' ideas, the project manager does not choose either one and requires both members to finish the task as originally planned. Which of the following conflict resolution techniques is the project manager applying?
 A
Compromising
 B
Smoothing
 C
Forcing
 D
Avoiding
A

B

Smoothing