PM SITE 4 Flashcards

1
Q

The project schedule performance index is 1.1, and the cost performance index is 0.9. Which of the following describes the project status?

A. Ahead of schedule and over budget
B. Behind schedule and under budget
C. Ahead of schedule and under budget
D. Behind schedule and over budget

A

C. Ahead of schedule and under budget

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2
Q

A non-stakeholder approaches the project manager and asks if certain items can be added to a project that was started two months earlier. Which of the following constraints does this impact MOST?

A. Time
B. Schedule
C. Scope
D. Cost

A

D. Cost

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3
Q

A team member was replaced on a project by a new team member of equal capability. Which of the following should the project manager do FIRST?

A. Resource loading
B. Resource leveling
C. Prioritizing tasks
D. Allocating resources

A

D. Allocating resources

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4
Q

Which of the following would indicate a project manager is working in a matrix-based organization?

A. The project manager has full authority over resources and the project.
B. The project manager has no authority over the project resources and limited-to-no authority over the project.
C. Resources align to the project, report to the project manager, and have no functional home at the end of the project.
D. Resources report to business area functional managers and return to the functional area at the end of the project.

A

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

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5
Q

A project team is spread between two countries on different continents. Which of the following factors are MOST likely to influence communication methods selected for the communication plan? (Select TWO).

A. Interorganizational constraints
B. Personal preferences
C. Language barriers
D. Cultural differences
E. Confidentiality constraints
A

C. Language barriers

D. Cultural differences

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6
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. Avoiding
B. Smoothing
C. Forcing
D. Compromising

A

B. Smoothing

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7
Q

A project team has finished creating a WBS and started developing a schedule. The team should FIRST determine the:

A. durations.
B. tasks.
C. critical path.
D. resources.

A

B. tasks.

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8
Q

A team has been assembled and assigned a project to reduce recent, unanticipated production cost overruns. Which of the following tools should the project team select to determine the possible origins of the increased costs?

A. Pareto chart
B. Fishbone diagram
C. Process diagram
D. Run chart

A

B. Fishbone diagram

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9
Q

A project has a … 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. Add the required work to complete the project behind $892,500.
B. Evaluate the impact and justify adding new work to the project.
C. Obtain approval from the CCB.
D. Request a budget increase of $170,000.

A

C. Obtain approval from the CCB.

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10
Q

A project manager is releasing resources and archiving documents. Which of the following phases is the project MOST likely in?

A. Initiation
B. Planning
C. Monitor and control
D. Closing

A

D. Closing

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11
Q

A project team added a new member who has proprietary information about a competitor’s product. The team member was suddenly removed from the project. Which of the following MOST likely occurred?

A. The company received a C&D.
B. A higher-priority project needed the expertise.
C. The new member did not sign an NDA.
D. An SLA prevented new team members.

A

A. The company received a C&D.

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12
Q

In which of the following categories does a business process change fit?

A. Project change
B. Organizational change
C. General change
D. Departmental change

A

B. Organizational change

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13
Q

A project manager is trying to explain to a stakeholder why projects are progressively elaborated upon. Which of the following is the BEST explanation?

A. In the beginning, projects entail a degree of uncertainty that needs to be specified.
B. In the beginning, projects have start and finish dates that require elaboration.
C. In the beginning, projects are part of a program that requires coordination.
D. In the beginning, projects start with detailed inputs that need to be explained.

A

A. In the beginning, projects entail a degree of uncertainty that needs to be specified.

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14
Q

A change must be made to a project to comply with municipal code. The project manager updates the relevant shared project documents. The key stakeholders subsequently update the documents with new information. When the project deliverables are reinspected, they fail the inspection. Which of the following is the MOST likely reason for the failed inspection?

A. There were insufficient resources assigned to the task.
B. The prior document version was not reviewed.
C. Version control processes were not applied.
D. The CCB was not contacted.

A

C. Version control processes were not applied.

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15
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 impact the quality of the deliverables because the amount of time to test will be reduced.
B. The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
C. The reduced timeline will decrease risk, resulting in an increased contingency reserve.
D. The reduced budget will cause the project manager to reject the change order.

A

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

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16
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. Accept risk
B. Transfer risk
C. Mitigate risk
D. Exploit risk
E. Avoid risk
A

B. Transfer risk

Explanation
Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on

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17
Q

Which of the following is described as placing responsibility for addressing the potential effects of an uncertain future event on an entity outside the organization?

A. Risk avoidance:e
B. Risk transfer
C. Risk exploitation
D. Risk mitigation

A

B. Risk transfer

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18
Q

Team members have reported poor sound quality during critical, time-sensitive conference calls. Which of the following may be a more effective means of communication?

A. One-on-one meetings
B. Project wiki
C. Text messages
D. Social media

A

A. One-on-one meetings

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19
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.

Explanation
The cost performance index (CPI) is calculated this way:
CPI = EV / AC

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20
Q

In a project with a … 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 ahead of schedule.
C. The project is under budget and behind schedule.
D. The project is over budget and behind schedule.

A

A. The project is under budget and ahead of schedule.

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21
Q

Which of the following risk strategies is represented by the purchase of insurance?

A. Mitigate
B. Accept
C. Transfer
D. Avoid

A

C. Transfer

22
Q

Which of the following is a team-building stage that involves the team learning to trust one anothers abilities and begin working together as a productive group?

A. Norming
B. Forming
C. Storming
D. Performing

A

Correct Answer: A
Explanation:

Explanation:
Norming is where things begin to calm down. Team members know each other fairly well by now. Theyre comfortable with their positions in the team, and they begin to deal with project problems instead of people problems. Decisions are made jointly at this stage, and team members exhibit mutual respect and familiarity with one another.

23
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. Norming
C. Performing
D. Storming

A

C. Performing

24
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. Follow communications plan.
C. Manage project quality.
D. Prepare a performance report.

A

A. Initiate change control.

25
Q

A project has just finished performance testing and found that the application can only handle 100 concurrent users where the requirement was to handle 500 concurrent users.
In which of the following components of the project plan should this be documented?

A. Scope statement
B. Issues log
C. WBS
D. Change form

A

B. Issues log

26
Q

A project team has determined it will need to source data from a system that was not part of the project scope.
The role of the project manager is to analyze which of the following impacts?

A. Technical design, schedule, and budget
B. Business process impacts and resourcing
C. New software and hardware requirements
D. Schedule, budget, and quality

A

C. New software and hardware requirements

27
Q

A project manager has identified a minor skills gap in the operational team that will end up supporting the project solution.
Which of the following is the BEST risk mitigation strategy that the project manager should use?

A. Organize adequate training and have one of the operational staff as part of the project team.
B. Raise a risk in the risk register, identify the likelihood and the consequence of the risk occurring.
C. Have the project adequately document the solution and ensure a transition is in place.
D. Escalate this as an issue to the project control board and ensure that there is adequate discussion.

A

A. Organize adequate training and have one of the operational staff as part of the project team.

28
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. Rescheduling
B. Crashing
C. Rebaselining
D. Control scope

A

B. Crashing

29
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. Cost performance index
B. Risk mitigation
C. Schedule variance
D. Cost variance

A

C. Schedule variance

30
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. Prioritizing the specific event.
B. Variance in the process over time.
C. Causes of a specific event.
D. Determining the number of events.

A

C. Causes of a specific event.

31
Q

The design activity of a project has the following cost attributes:
PV = 100,000
EV = 20,000
AC = 90,000
Based on this scenario, calculate the schedule variance.

A. -80,000
B. -70,000
C. 10,000
D. 120,000

A

A. -80,000

32
Q

Ann, one of the affected stakeholders, feels that the project team has not been giving periodic stakeholder updates and that her input has not been taken into account.
Which of the following should the project manager do to ensure stakeholder expectations are met?

A. Ensure that Ann is involved during the testing phase of the project so she can call out functional gaps.
B. Organize a walkthrough of the solution and ensure face-to-face updates occur every two weeks.
C. Escalate the issue to the project steering committee that Ann is criticizing the project quality.
D. Organize a requirements workshop to capture any gaps.

A

B. Organize a walkthrough of the solution and ensure face-to-face updates occur every two weeks.

33
Q

A post implementation review is being performed as a part of project closure. Which of the following are applicable areas that the review should cover? (Choose two.)

A. Lessons learned during the project.
B. Produce operational support documentation.
C. Gathering and centralizing project documentation.
D. Organizing the communication of project closure.
E. Identify the key project achievements.
F. Provide a recap of the overall solution.

A

A. Lessons learned during the project.

E. Identify the key project achievements.

34
Q

Which of the following techniques modifies the schedule based upon resource constraints?

A. Critical Chain Method
B. Critical Path Method
C. Arrow Diagramming Method
D. Precedence Diagramming Method

A

A. Critical Chain Method

35
Q

Resources for a project report to a project manager and a functional manager.
The organizational structure is:

A. Matrix
B. Ad hoc
C. Functional
D. Projectized

A

A. Matrix

36
Q

The final project report should contain which of the following?

A. Minutes of all the project meetings
B. Project design documentation
C. Detailed breakdown of the schedule
D. Summary of the project cost

A

D. Summary of the project cost

37
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. Rolling wave planning
D. Crashing

A

B. Fast tracking

38
Q

The project team is not comfortable moving an expensive material.
A third party is hired to move the material. This is an example of risk:

A. Transference
B. Sharing
C. Avoidance
D. Acceptance

A

A. Transference

39
Q

The project’s network map has a loop with multiple project outcomes.
This is the result of which of the following scheduling tools?

A. Establishing project schedule baselines
B. Critical Path Analysis
C. Critical Chain Method
D. Graphical evaluation and review technique

A

D. Graphical evaluation and review technique

40
Q

Which of the following tools would a project manager use to determine the root cause of an issue?

A. Pareto Chart
B. Ishikawa Diagram
C. Histogram
D. Monte Carlo Analysis

A

B. Ishikawa Diagram

41
Q

Which of the following activity sequencing techniques uses nodes to symbolize activities and arrows to show how their dependencies are connected?

A. Critical Path Method
B. Arrow Diagramming Method
C. Critical Chain Method
D. Precedence Diagramming Method

A

D. Precedence Diagramming Method

42
Q

Which of the following activity sequencing techniques uses nodes to symbolize the dependencies of each activity?

A. Critical Path Method
B. Critical Chain Method
C. Arrow Diagramming Method
D. Gantt Chart Method

A

C. Arrow Diagramming Method

43
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. Assign a different team member to resolve the issue before the next status meeting.
B. Review the issue with the assigned team member to determine a due date.
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

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

44
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. Expansion
B. Rightsizing
C. Merger
D. Onboarding

A

C. Merger

45
Q

A project manager is not required to participate in performance appraisal meetings with team members. The project manager is working within which of the following organizational structures?

A. Projectized
B. Balanced matrix
C. Functional
D. Strong matrix

A

D. Strong matrix

46
Q

A daily standup Scrum meeting is BEST accomplished in a:

A. telephone conference.
B. group email.
C. face-to-face meeting.
D. video conference.

A

C. face-to-face meeting.

47
Q

A new stakeholder has requested the status and progress reports for the project milestones. Which of the following documents should the project manager address FIRST?

A. Project communication plan
B. Project status report
C. Project management plan
D. Project backlog

A

C. Project management plan

48
Q

When an action is taken on a risk, which of the following is being done and which document needs to be updated?

A. Mitigating risk, and the risk register should be updated
B. Accepting risk, and the risk review document should be updated
C. Avoiding risk, and the risk review document should be updated
D. Exploiting risk, and the risk register should be updated.

A

A. Mitigating risk, and the risk register should be updated

49
Q

A project schedule lists a resource as 50% because it likely:

A. is a shared resource.
B. depict a resource shortage.
C. signifies overallocation of a resource.
D. notes underallocation of a resource.

A

A. is a shared resource.

50
Q

A project manager is mapping qualifications and available personnel to the project requirements. Which of the following activities is the project manager completing?

A. Team Building
B. Team Selection
C. Resource loading
D. Resource leveling

A

A. Team Building