PMBOK Questionnaire Flashcards
What is the purpose of a project charter?
To formally authorize a project or a phase and document initial requirements which satisfy the stakeholder’s needs and expectations.
The concept of (the) _________ states that changes related to one requirement—scope, time, or cost—will at least influence one other element.
Triple constraint
What does the term best practice often refer to?
A specific sequence of work, described in terms of soft logic.
_________ are usually not a manifestation of unique organizational cultures and styles.
Individual traits and attitudes of co-workers
Which of the following is generally not regarded as an element of active listening? o Making eye contact o Paraphrasing o Interpreting the information o Interrupting when appropriate
Interrupting when appropriate
You were able to obtain measuring equipment with very high accuracy and precision. You used it to make a sequence of measurements directly at a production process output and depicted the results on the following control chart. (See Word Document)
Which statement is the best conclusion from these results?
o The process has high precision but low accuracy. It should be adjusted.
o The process has high precision but low accuracy. It should be improved.
o The process has high accuracy but low precision. It should be adjusted.
o The process has high accuracy but low precision. It should be improved.
The process has high precision but low accuracy. It should be adjusted.
Which document is developed along the risk management processes from identify risks through perform qualitative risk analysis to control risks?
Risk register
A facilitator should…
give guidance as required without interfering.
As the project manager in a software project which is currently initiated, you want to assess high-level risks. What should you do?
Develop the project charter and a risk management plan to start identifying risks based on those and other documents.
What should managers consider before conducting a performance-evaluation interview with a project team member?
Has the employee been provided with sufficient instructions and work tools?
Which statement describes best handling of assumptions during the initiating processes?
o It is the responsibility of the sales person in charge to identify all risks related to a customer project.
o Managing and organizing assumptions means avoiding risks right from the start of the project.
o Organizational, environmental and external assumptions should be addressed by the project charter.
o Risks are a sign of uncertainty. Avoiding all uncertainties means that a project should have no risks at all.
Organizational, environmental and external assumptions should be addressed by the project charter.
A WBS dictionary is a document which…
describes the details for each component in the WBS
You are in the process of planning a project and found that stakeholders often have varying objectives and requirements. This makes it hard to come up with a plan with which all objectives will be met. What is probably most helpful to ensure common understanding?
o Ask the project stakeholders to build focus groups in order to discuss and remedy conflicting interests.
o Create an exhaustive document describing your point of view and ask stakeholders to review it.
o Let each stakeholder write a statement of work, merge the documents to a project scope statement.
o Use your authorization as the project manager to clearly prioritize the different objectives.
Ask the project stakeholders to build focus groups in order to discuss and remedy conflicting interests.
Projects frequently do not meet customer expectations for which of the following reasons?
o Poor risk management by the contractor running the project
o Poor technical ability of the contractor running the project for the customer
o Technical inability and poor risk management by the contractor
o Unclear scope definition by the customer for whom the project is performed
Technical inability and poor risk management by the contractor
What is typical for critical chain project management?
o Management of buffers
o Management of total floats and free floats
o Management of leads and lags
o Management of resource over-allocations
Management of buffers
You are the project manager for the development of a new type of power plant. Your project is making fast progress, and it is getting nearer to the day of product acceptance. Which technique will be most important for product acceptance?
o Inspection
o Quality audit
o Impact analysis
o Team review
Inspection
What are the cost types in modern quality management?
Prevention costs – appraisal costs – failure costs
During the execution of a project to build a complex defense system, your team has run into a deep crisis.
The project’s goal and objectives have been challenging right from the start, but now you have discovered that your team members have become increasingly unaware of them. Being busy solving detail problems, they often fail to understand the overall requirements. Then they develop solutions which resolve issues in their area of limited responsibility, while causing new problems at the interfaces with other system components.
Meanwhile, the team members show signs of growing frustration, and time is running away. How can you help your team in this situation?
o Accompany your team members along a sequence of maturity levels from dependence through independence to interdependence.
o Ignore the low-level issues and focus on achieving the overall requirements, details can be sorted out during test and handover.
o If everybody simply does their jobs, then there should be no problem. Make sure that team members are fully aware of their accountability.
o Problems of this dimension have their origin in fundamental personal incompatibilities between team members. You should replace them all.
Ignore the low-level issues and focus on achieving the overall requirements, details can be sorted out during test and handover.
For a project, the following earned value data have been assessed:
AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BaC: $ 9,650,000
What is the earned value of the project?
$3,500,000
During execution in a project to build a major road bridge, your team found a major flaw in the technical drawings. On an ad-hoc base, they had to find and implement a workaround to avoid delays and mitigate technical problems. What should you do next?
o Meticulously document the problem and the workaround to create a requested change to the project management plan, which will then be passed to the body responsible for the change control decision.
o The workaround was performed on a technical level only. As long as it does not influence the function of the bridge or the organizational configuration of the project, a change request will not be necessary.
o A retroactive formal change request side is not reasonable. Create some additional documents describing the workaround and sign them by yourself, you can present them during the next regular CCB meeting.
o It is normal in projects that during project execution inconsistencies arise between planning documents and actual implementation. This is no problem as long as the functional status of the product is maintained.
Meticulously document the problem and the workaround to create a requested change to the project management plan, which will then be passed to the body responsible for the change control decision.
You recently took over the assignment for a project. The project charter has been developed. What is an appropriate next step for you?
Develop management plans.
. You scheduled a kick-off meeting in order to announce the start of your project, present the plan and develop consensus on it. Another topic will be explanation of each team member’s role. In addition, you planned some time for discussions.
You published the agenda of the kick-off meeting some weeks ago to all invited attendees.
Now, short term before the event, you receive various cancellations by team members, who say that they cannot join the meeting. But they will be with you when project work will start.
You should insist on the presence of the team members to the appointed date.
During a meeting, a discussion came up: To which degree does your project have to be compliant to the processes enumerated in the PMBOK® Guide? What should be the guiding principle to answer this question?
The project team must select appropriate processes required to meet the project requirements.
During code inspection in a major software development project, a project management team identified frequent occurrences of critical programming errors. These errors are scattered across the code and occur without a discernible pattern. Which tool is most likely to help the team identify areas of error concentration in order to develop a prioritized response strategy? o Checksheet o Influence diagram o Decision tree o Process decision program chart
Checksheet
The term baseline is used in both disciplines project management and configuration management. Which statement is not true?
o Baselines in system configurations are often also referred to as deltas.
o In configuration management, baselines are used to control change.
o Project management baselines are used for performance measurement.
o In project management, baselines help assess variance and trends.
Baselines in system configurations are often also referred to as deltas.
In a project, a cost incentive contract has been awarded to a contractor with the following parameters:
Target cost: $1,000,000 Target contractor fee: $100,000 Cost benefit sharing ratio: 80%/20% Price ceiling: $1,200,000
What is the point of total assumption (PTA, breakpoint) of the project?
$1,125,000
What is typical for high-context cultures?
A message has little meaning without an understanding of the surrounding context.
What do you expect when you are submitting an invitation for bid to sellers?
Offers which are similar enough to allow a selection based on price.
What is important for quality auditors? o They must be in-house personnel. o They must be third-party staff. o They must be mandated by the auditee. o They must be properly trained.
They must be properly trained.
What is best used to calculate the profit from an internal project?
o Discounted net revenues from the product over n years minus project costs for internal charges
o Discounted net savings from the product over n years minus project costs for internal charges
o The economic value added (EVA) to the organization taking into account taxes and capital costs
o The reduction in total cost of ownership (TCO) of the current product compared with its predecessor product
The economic value added (EVA) to the organization taking into account taxes and capital costs.
You are running a major project with four sub-projects. Each of the sub-project managers has developed a risk management plan, identified many risks, analyzed them and planned for risk response.
It is now two months later. What should you not do?
o Ensure that they handle all risks to save you from project level risk control.
o Make sure that the sub project managers monitor their project work for new and changing risks.
o Make sure that the sub project managers keep track of the identified risks and those on the watch list.
o Make sure that the sub-project managers monitor trigger conditions for contingency plans.
Ensure that they handle all risks to save you from project level risk control.
What is the meaning of the acronym CSOW?
A statement of work that has been formally agreed upon by both parties and is therefore part of a contract.(Contract Statement of Work)
You monitored figures on cost and planned/earned value for each individual project week until the data date at the end of the sixth week. What is the status of this project at this date (schedule and budget)?
Project week
Actual costs
Earned value
Planned value 1 $65,000 $61,000 $67,000 2 $85,000 $79,000 $89,000 3 $100,000 $102,000 $110,000 4 $125,000 $124,000 $121,000 5 $135,000 $133,000 $139,000 6 $125,000 $120,000 $131,000
The project is behind schedule and over budget.
During risk identification sessions, you and your team identified more than 150 risks for your project. You are afraid that evaluating each of these risks quantitatively will cost you an enormous amount of time, while not all of them are really relevant and important enough to justify such a measure. What should you do next?
Use qualitative risk analysis in order to prioritize risks for further action, such as quantitative risk analysis.
Your management announced that they want to put you on a stretch assignment. In this situation, you should consider that…
key stakeholders must have timely and complete information regarding your qualifications to make decisions regarding your suitability for the assignment.
Which is not a point used for three-point estimation? o Optimistic estimate o Most likely estimate o Budget estimate o Pessimistic estimate
Budget estimate
During project planning, you are presented with the following diagram that depicts a cumulative likelihood distribution for the duration of a project:
(See Word Document)
What kind of conclusion can you draw from the information depicted in it?
The likeliness that the project team will meet the deadline or will finish earlier is at 80%.
You identified a technical risk in your project and assigned a contingency for that. Planning contingency reserves is part of which risk response strategy?
Active risk acceptance
You are going to take over a new project as the project manager in an enterprise unknown to you. What should you investigate during the chartering process? o Enterprise environmental factors o Project management plan o Project risk register o Team performance reports
Enterprise environmental factors
A project was budgeted at $1,000,000. Meanwhile, the project is executed, and the following current figures have been assessed:
PV: $500,000 EV: $450,000 AC: $550,000
Assuming that the cost variance was caused by one-time cost drivers, which are no more effective, what estimate at completion (EaC) can you derive from these figures?
$1,100,000
