PMP Part 1 Flashcards
The product owner has requested to be showing how much work there remains to be done on the project. What would be the best agile tool to display this?
Burndown Chart
A burn down chart displays work that remains to be done.
The project sponsors have informed the project manager that they would like to be included in the weekly meetings along with the team members. What should the project manager update to include the sponsors in the weekly meetings?
Communications Management Plan
The communication management plan outlines who will be receiving what type of communications, how often they will receive them, and who will provide them. The project manager should update this plan to specify who will be attending the weekly meetings. The scope and risk management plans do not contain any information about project meetings. Project communications refer to actually communicating on a project.
While working on a project schedule, the project manager notices that activities A, B, and C all have a duration of 4 days. The project manager also notices that activities F and G have a duration of 7 days. Activities A, C, F, and G have a slack of 1 day. Activity B is the only one on the critical path. What is the slack on activity B?
0 Days
If an activity is on the critical path, it will have zero slack. Non-critical path activities will have a slack of at least 1 day.
The project team has been working very hard over the last 4 months to program the financial application and has completed it. The project manager has informed the team that the quality control team will be inspecting it next. What process group best describes what the team has done so far?
Executing
In the executing process group, the team completes the deliverables. During the monitoring and controlling processes, the deliverables are accepted by the stakeholders. During the planning process, the project management plan is created. During the closing process, the project or phase is brought to formal closure.
While discussing the benefits of agile with three of the organization’s key stakeholders what would be seeing as the main benefit for conducting the project using agile methodology versus traditional methodology?
Agile delivers value incrementally
One of the main benefits of using agile over traditional project management, is that agile delivers value incrementally versus getting value only at the end of the project.
The project manager is currently assigning costs to each individual activity on the project. A team member has informed the project manager that he should include additional cost just in case the software will need more testing. What best describes this additional cost?
Contingency reserve
Contingency reserve is what a project manager adds to the project cost baseline due to risk. Management reserve is what the company management adds to the project budget due to risk. Project and testing reserve are made-up terms .
During a new smartphone development project, the customers are given a prototype of the smartphone for them to try. They inform you that the phone constantly reboots, and sometimes the touch screen does not work. What tool can the project team use to find the reasons for these defects?
Ishikawa diagram
An Ishikawa diagram, also known as a cause-and-effect diagram, is used to list the many different probabilities for a project’s defect. Assumptions analysis involves analyzing assumptions, histograms are used to show the frequency of defects, and inspections are used to see if a deliverable has met its requirements.
While working on a project, the sponsor makes it clear that he does not want any of the team members to be overworked. This means that no team member is allowed to work overtime. The sponsor is okay with the project being delayed due to this. What technique can the project manager best implement to ensure that no team member is overworked?
Resource Leveling
Resource leveling is a technique used when resources are limited or over-allocated. Resource leveling ensures that no resource is assigned to more than one activity at a time, ensuring that no resource is overworked. Resource smoothing may accomplish the same task, but it only works if there is slack available on the activities. Free float is the amount of time you can delay an activity without delaying the next activity. Lag is the amount of time you need to delay an activity before the next activity starts.
The project manager has just identified a new regulation that can possibly delay the project significantly. The project manager has added this new regulation to the risk register. What should the project manager do next with this risk?
Conduct a qualitative and quantitative assessment
When a risk has been added to the risk register, the project manager should conduct both a qualitative and quantitative assessment before coming up with a risk response. If the response requires adding more money, the project manager should initiate a change request requesting more funds for the project. The project manager should assess the risk before informing the sponsor of the risk.
The project manager and the project team were able to identify a number of risks that could affect the website upgrade project. They listed all of the risks on the risk register. They will now conduct a qualitative risk analysis to prioritize the risks. What will the team look at when prioritizing the risks?
Probability and impact
While conducting the qualitative risk analysis, the team will rank the risks based on their probability of occurrence and impact on the project.
While working on a large multinational project, you identify some of the positive and negative stakeholders. What process group are you currently engaged in?
Initiating
The process of identifying stakeholders is part of the initiating process group.
While working on a large utility project for a major metropolitan area, the project manager has noticed that there is no change control board to approve changes for the project. What would be the best step for the project manager to take in this scenario?
Establish a change control board for the project
Since this is a large project that will affect a large population, it would be best to establish a change control board for the project to have the changes reviewed and approved. On a very small project, the project manager may ask the sponsor to approve or deny changes. The project manager’s main job is to document and assess changes to the project.
While working on a project, the CEO of the company has informed you that he would like to terminate the project and have you work on a few others projects. What kind of influence does this best represent?
Upwards
Upwards influence is for stakeholders above you such as senior management. Downward influence is for those below you such as team members. Sideways influence is for those who are your peers such as other project managers. Outwards influence is for those who are external, such as vendors.
Managing a project can be a very complex task that involves identifying and managing all the stakeholders on the project. The project manager spends 90% of their time doing what important task?
Communications
Communications generally take up 90% of the project manager’s time. This generally includes various types of meetings, discussions, negotiation, and problem solving. A project manager does not determine how much an activity will cost or how long it will take; that is generally done by a subject matter expert.
The project planning has been completed for the office renovation project. The project management plan has been approved by the sponsor and senior management. What would the project manager do next?
Hold a kickoff Meeting
A project kickoff meeting is generally done after planning a large project to bring the team together and inform them of the project requirements. There is no need to inform senior management, as they approved the plan.
While constructing a roof for a large building, the project team has identified the risk of a snowstorm. Due to the region in the country and the time of the year, the team has decided to take no action or preparations for the snowstorm. What risk response strategy is the team using?
Acceptance
Acceptance is a risk response where you will take no action against the risk. All other choices involve taking some kind of action.
The project manager and the project team are currently assessing various ways of responding to a particular risk. The project involves reconstructing part of their current office building, and they’re worried about a hurricane hitting and damaging the materials or parts of the unfinished building. The best response they came up with was to purchase insurance in case a hurricane does hit. What kind of strategy is this?
Transfer
When a risk is transferred, it is usually transferred to another company, such as by purchasing insurance or hiring a consultant. Avoidance is used to eliminate a risk by going down a different path. Mitigation is used to reduce the probability and/or impact of a risk. Risk acceptance means doing nothing about the risk.
While working on a large project, the project manager originally counted 12 stakeholders. A new requirement and six more stakeholders were added to the project. How many communication channels are on this project?
153
To get this answer correct, you will have to use the communications channels formula, which is N(N-1)/2. Since there are 18 stakeholders, the formula is 18(18-1)/2 = 153.
A major portion of a large construction development project was completed by a contractor. The contractor has completed all the work listed in the agreement but also completed other work the contractor felt had to be done. The contractor is asking for more money that was not listed in the agreement, and the project manager feels that what they’re asking for is too much for the additional work that was completed. What should the project manager do next?
Contact claims administration
When there is a dispute between a buyer and a seller for additional funds, the dispute should be resolved by going to the claims administration, who can then facilitate the dispute. The other choices will not resolve the dispute between the buyer and the seller.
When selecting a project, the company looks at different factors that could impact their selection. What document best identifies the need for a project?
Business case
The business case is used to show the benefits of the project. The project charter is used to authorize the project. The project management plan outlines how to execute, monitor and control, and close the project. The project benefits report is a made-up term.
While constructing a new office space, the sponsor has requested the project manager complete the project sooner. While analyzing the work, the project manager has noticed that some of the work can start before the predecessor work is done. What can the project manager do in this scenario to complete the project sooner?
Add lead times between project activities
A lead is an overlap between project activities. This means that work will start before the predecessor work is done. Lag time will add a delay between activities. Slack is the amount of time you can delay an activity without delaying the project. Reserves are the additional time added to the activities for risk.
The project team and the project manager held a meeting to discuss a few issues related to the project. The meeting was very productive and led to most of the issues being resolved. A few weeks later, one team member brought up one of the issues that was resolved in the previous meeting as being unresolved. The project manager reviewed the meeting documentation and determined that the issue was resolved, but the team member may not have known about the resolution. What could the project manager have done differently to prevent this miscommunication?
Distribute detailed meeting minutes
While all the choices should be done for meetings, in this scenario, the project manager may have failed to distribute the meeting minutes. That would explain why a team member didn’t think an issue was resolved during the meeting.
The project team is currently having disagreements about the program and methods they would use to implement a few of the features in the product backlog. What role should the agile project manager be doing during this scenario?
Coach them to a resolution
During the storming phase of the Tuckman’s letter, the agile project manager should be coaching the team to support constructive disagreement. Let the team find the best methods to resolve their issues.
While working on a complex web design project, the manager has received a change request from a senior stakeholder to fix a problem with the current intranet server. The project manager has determined that this change is outside the scope of the project and is not covered by the work listed in the project charter. What should the project manager do next?
Inform the stakeholder that this change request should be considered a new project
Although all change requests should be considered by the project manager, they should be related to the project work. No change should be approved if it is outside the scope of the project charter, since that would not be considered work within the current project.