PMP TEST 4 Flashcards
1A project manager managing a video project was informed by a team member about a complex problem that can have a drastic negative impact on the project. The project manager immediately defined the cause of problem by analyzing the problem using a fishbone diagram, identified a solution, and implemented the solution. The project manager recently received a call from the same team member and was informed that the same problem has resurfaced. What did the project manager most likely forget to do?
SELECT THE CORRECT ANSWER
Validate the solution to the sponsors
Confirm that the solution solved the problem
Use a Pareto chart
Identify why the problem occurred
Correct Option:B
EXPLANATION
Even though the project manager spends a great deal of energy and time preventing problems, there are still problems that need to be resolved. Here are the steps of the problem-solving technique: - Define the cause of the problem (not just symptoms) - Analyze the problem (cause and effect diagram) - Identify solutions - Implement the selected solution - Review the solution
2You are overseeing the implementation of a new computer structure at the local hospital. You are currently identifying all the internal and external stakeholders who have an interest in your project and can positively or negatively impact your project. While identifying the stakeholders, you realize that stakeholder identification:
SELECT THE CORRECT ANSWER
Is the responsibility of the project sponsor
Must be carried out throughout the project life cycle
Must be completed in the initial stage of the project life cycle
Must be focused only on stakeholders who will contribute positively to your project
Correct Option:B
EXPLANATION
Stakeholder identification will continue throughout the project life cycle. As the project proceeds through each phase, additional stakeholders will be involved while others will be released. Stakeholder identification is conducted primarily by the project management team, but some stakeholders may be identified in the project charter. Stakeholders may include people and organizations that may be affected either negatively or positively by the project outcome.
3Stakeholders have to be identified early in the project, and the needs of stakeholders have to be documented. While the project progresses, changes could occur to the list of project stakeholders. What should the project manager should do to remain updated about stakeholders and their needs?
SELECT THE CORRECT ANSWER
Once identified, stakeholders remain throughout the project, and the project manager must engage with them.
The list of stakeholders is absolute and will not change.
The list of identified stakeholders must be reviewed to identify and update changes.
Stakeholders’ needs must be understood and fulfilled.
Correct Option:C
EXPLANATION
The stakeholders keep changing throughout the project, and the list needs to be regularly reviewed and updated
4A project manager is evaluating options to set expectations to the team clearly so that the team complies to the code of conduct. What is the project manager trying to establish?
SELECT THE CORRECT ANSWER
Project Charter
Ground Rules
Project Plan
Resource Management Plan
Correct Option:B
EXPLANATION
Ground rules are established to set clear expectations relating to the code of conduct
5Which of the following financial metrics measures the loss or gain based on the money invested and returns?
SELECT THE CORRECT ANSWER
Internal rate of return
Profit and loss
Return on investment (ROI)
Benefit - cost ratio
Correct Option:C
EXPLANATION
ROI is the financial metric that measures the loss or gain based on the money invested and returns.
6Organizational culture plays a vital role in the success of projects and is an important consideration. Which of the following factors does NOT shape culture?
SELECT THE CORRECT ANSWER
Shared Vision, Mission, Values
Stakeholder analysis
Risk Tolerance
Motivation and reward system
Correct Option:B
EXPLANATION
Stakeholder analysis is performed to understand the stakeholders and their influence.
7You have recently been assigned as a project manager for a new and highly complex project to send a satellite into space. There are several stakeholders in the project, and you are working on a communications plan to identify the information and communication needs of the people involved. You do this by determining what needs to be communicated, when, to whom, with what method, in which format, and how frequently. It is extremely important that you develop your communications plan _____.
SELECT THE CORRECT ANSWER
Throughout the project life cycle
At the earliest stage of the project
On completion of the project plan
During execution of the project
Correct Option:B
EXPLANATION
Plan communications is included in the planning process, which is generally completed prior to executing the project. Updates to the project plan, including the communications management plan, will occur during the entire project life cycle.
9A software company created a base package that must be implemented for each customer. Which of the following will be used to ensure that the new base functionality does not break existing custom features and that the changes are evaluated across all relevant versions of the product?
SELECT THE CORRECT ANSWER
Configuration management system
Process improvement plan
Perform integrated change control
Work authorization system
Correct Option:A
EXPLANATION
A configuration management system is the subset of the project management information system (PMIS) that describes the different versions and characteristics of the product, service, or result of the project and ensures accuracy and completeness of the description. It is all about managing different configurations of a product. At some point in time, a product will be baselined and different configurations, versions, and branches are managed from that point. The process improvement plan looks at processes and outlines the activities and steps that will enhance their value. Perform Integrated Change Control is the process necessary for reviewing change requests, approving or disapproving, and managing changes to the deliverables, project management plan, and the organizational process assets. A work authorization system is a formal, documented procedure to describe how to authorize and initiate work in the correct sequence at the appropriate time.
10Which of the following techniques translates project objectives into tangible deliverables and requirements by improving the project team’s understanding of the product?
SELECT THE CORRECT ANSWER
Product analysis
Alternative generation
Inspection
Decompositio
Correct Option:A
EXPLANATION
Product analysis techniques, such as product breakdown, systems analysis, system engineering, value engineering, value analysis, functional analysis, and others, may be used to perform a detailed analysis of the product, service, or result. This technique translates project objectives into tangible deliverables and requirements by improving the project team’s understanding of the product.
11To ensure that the project deliverables meet requirements, it is essential to understand the team’s strengths. Which of the following tools is useful to assess the team’s strengths?
SELECT THE CORRECT ANSWER
Team Charter
Resource Analysis
SWOT Analysis
RACI Chart
Correct Option:C
EXPLANATION
SWOT (Strength, Weakness, Opportunity & Threat) analysis tool is the best option to evaluate the Strengths and Weaknesses of the team.
12Regular assessment and training is essential for project team members so that they will have the skills required to deliver the task assigned to them. What would be best course of action to confirm the effectiveness of the training?
SELECT THE CORRECT ANSWER
Pre-Training Assessments
Training Review
Training Retrospective
Post-Training Assessments
Correct Option:D
EXPLANATION
Post-assessments have to be conducted after the training. This will measure the success of the training and it’s outcomes, which enables further improvements.
13The project manager of a global project engages with the team virtually and spends significant amount of time and energy to ensure effective team collaboration. Which of the following can be the best alternative to team reviews in virtual environments?
SELECT THE CORRECT ANSWER
Team meeting
Videoconferencing
Team engagement
Video communication
Correct Option:B
EXPLANATION
Videoconferencing enables effective team review as team members can see each other while conducting review and are actively present.
14Which of the following statements is FALSE concerning a project management office (PMO)?
SELECT THE CORRECT ANSWER
It can be responsible for the direct management of projects and programs.
It is an organizational body responsible for establishing and maintaining templates, policies, procedures, best practices, and standards for project management methodologies.
In order to be managed together, the various projects supported by a PMO should be related.
It conducts periodic project audits to monitor compliance with project management standards.
Correct Option:C
EXPLANATION
The nature and structure of a PMO depends on the needs of the organization it supports. The projects supported by a PMO may not be related other than being managed together.
15You are managing a large IT project. A severe cost overrun causes major concern to the key stakeholders and sponsor. You schedule an urgent meeting to discuss the root cause of the concern and illustrate the corrective and preventive actions you are planning to take. You are also planning to inform the audience in the meeting that the project is ahead of schedule and that most of the major deliverables are already completed and accepted by the stakeholders. What kind of communication does this meeting represent?
SELECT THE CORRECT ANSWER
Informal verbal
Formal written
Informal written
Formal verbal
Correct Option:D
EXPLANATION
The subject matter and topics discussed in the meeting are important, and the meeting is considered formal verbal.
16Which of the following is NOT true about Motivator-Hygiene theory?
SELECT THE CORRECT ANSWER
Hygiene factors are not sufficient to motivate people, and motivating agents provide the best positive reinforcement.
Hygiene factors can destroy motivation, but improving them under most circumstances will not improve motivation.
Motivating people is best done by rewarding people and letting them grow.
Improving hygiene factors will certainly improve motivation.
Correct Option:D
EXPLANATION
As per Herzberg’s Motivator-Hygiene theory, hygiene factors are not sufficient to motivate people, and motivating agents provide the best positive reinforcement. Hygiene factors can destroy motivation but improving them will not improve motivation under most circumstances.
17Ashley, a senior project manager, recently took over a project to produce a safe and effective drug from another project manager who just left the company. Ashley was surprised to find there was no change control board or change control process established for the project. Why is it important to have robust change control for any project to be successful?
SELECT THE CORRECT ANSWER
It will ensure that only stakeholders with significant authority can submit change requests.
It will minimize the number of changes in the project.
It will ensure that only necessary changes are considered and implemented.
It will maintain the record of all changes for budget tracking purposes.
Correct Option:C
EXPLANATION
A robust change control process will ensure that only the necessary changes are considered and implemented. A change control process cannot help with the number of changes that will be requested in the project as the number of changes depend on how well defined the scope of the project is. Again, all stakeholders, regardless of their authority, should be able to submit change requests.
18Which of the following is NOT a typical external factor that influences a project?
SELECT THE CORRECT ANSWER
Political
Emotional
Commercial
Social
Correct Option:B
EXPLANATION
The external factors that influence the project are political, economical, social, technological, legal, and environmental.
19You were given a budget of $3000, and you spent $2000. However, you only completed $1200 worth of work. What do you currently expect the TOTAL project to cost, considering your situation?
SELECT THE CORRECT ANSWER
Not possible to estimate
5000
6000
6200
Correct Option:B
EXPLANATION
Estimate at completion (EAC) =BAC/CPI. Here, we have BAC=$3,000, AC=$2,000, and EV=$1,200. CPI=EV/AC=1200/2000=.6. So, EAC=3000/.6 =5,000.
20During a team meeting, there are disagreements among the team members regarding a few stories. What is helpful in specifying how the team handles such disagreements?
SELECT THE CORRECT ANSWER
Project Charter
Team meeting guidelines
Team Charter
Project meeting guideline
Correct Option:C
EXPLANATION
The team charter is helpful in specifying how the team handles such disagreements.
21Which of the following is not a tool used for pre-assessment?
SELECT THE CORRECT ANSWER
Ability Test
Structured Interview
Focus Group
Testing
Correct Option:D
EXPLANATION
Attitudinal Surveys, Specific Assessments, Ability Tests, Structured Interviews, and Focus Groups are used as pre-assessment tools.
22While reviewing your project schedule, you realize that you have two pending activities that you need to complete as soon as possible. You must set up the development server in the lab and then start coding. Upon further investigation, you find out that you must run the server for three days without failure before the coding starts. This is an example of:
SELECT THE CORRECT ANSWER
Lead
Crash
Critical chain
Lag
Correct Option:D
EXPLANATION
Lag is an inserted waiting time between activities. In this case, there is a three-day delay before you can start coding.
23You are utilizing a technique of reconciling the expenditure of funds with the funding limits set for the project. As per the variance between expenditure of funds and planned limit, you are trying to reschedule activities to level out the rates of expenditures. This technique is known as:
SELECT THE CORRECT ANSWER
Funding limit reconciliation
Cost aggregation
Reserve analysis
Forecasting
Correct Option:A
EXPLANATION
Funding limit reconciliation is a technique of reconciling the expenditure of funds with the funding limits set for the project. As per the variance between the expenditure of funds and planned limit, the activities can be rescheduled to level out the rates of expenditures.
24You are overseeing a project to implement an online travel package reservation system that has 6 sponsors and 13 stakeholders. You want to make sure that your project stakeholders will receive the correct version of the product. Which of the following plans will you use to specify how versioning information will be tracked?
SELECT THE CORRECT ANSWER
Quality management plan
Scope management plan
Change management plan
Configuration management plan
Correct Option:D
EXPLANATION
Configuration management plan is a subset of the project management information system (PMIS) that describes the different versions and characteristics of the product, service, or result of the project and ensures accuracy and completeness of the description.
25Senior management has asked you to shorten your project schedule by 2 months by any means. In order to achieve the target, you added a couple of additional resources to the team and also approved unlimited overtime for the team members. You realize that you are taking the risk of potential conflicts and additional management time and cost to the project. The technique you are using is:
SELECT THE CORRECT ANSWER
Crashing
Critical chain
Critical path
Fast tracking
Correct Option:A
EXPLANATION
Crashing is a technique of adding additional resources to a project activity to complete it in less time. Approving overtime, bringing in additional resources, or paying to expedite delivery to activities on the critical path are all examples of crashing. Crashing does not always produce a viable alternative and may result in increased risk, more management time, and cost. Increasing the number of resources may decrease time but not in a linear amount as activities will often encounter the law of diminishing returns.
26Team norms have to be established during the beginning of the project so that the team is equipped to handle challenges as the project progresses. Which of the following is NOT included in the team norms?
SELECT THE CORRECT ANSWER
Meetings
Communication Approaches
Monitoring the performance
Shared Values
Correct Option:C
EXPLANATION
Meetings, Communication Approaches, Managing conflicts, Shared Values, and Decision making are all included in team norms.
27During the executing stage of a project to develop a cashiering application for a retail customer, a senior stakeholder requested that you slightly modify the project scope to incorporate an additional feature. What will be your first course of action?
SELECT THE CORRECT ANSWER
Submit the change request to the change control board for its approval or rejection
Document the change request as per the project scope management plan
Perform an impact analysis on all project objectives such as scope, time, cost, quality, risk, and others
Deny the request since it is too late in the project life cycle to incorporate any new change
Correct Option:B
EXPLANATION
The project manager should document the change request as per the project scope management plan and then submit the change request to the change control board once the impact analysis is completed. The change control board will either approve or deny the request.
28You are overseeing a project to build a robot which will operate on electricity as well as solar power. The robot should have face and voice recognition capability; it should help the owner with daily household activities and keep him or her company. The robot should be able to learn from various experiences, develop its memory, and gradually make more complex decisions on its own. In which of the following documents should this information be captured?
SELECT THE CORRECT ANSWER
Project scope
Scope baseline
Product scope
Requirements traceability matrix
Correct Option:C
EXPLANATION
Product scope describes the features, functions, and physical characteristics of a product, service, or result. On the other hand, project scope describes the work needed to deliver a product, service, or result with the specified features and functions. Product scope may include subsidiary components, but project scope results in a single product, service, or result. Product scope completion is measured against the product requirements to determine successful fulfillment. and project scope completion is measured against the project plan, project scope statement, work breakdown structure (WBS), WBS dictionary, and other elements.
29You are managing a project to develop an online PMP exam simulator to help students practice exam questions in a real-life environment. The team has completed design work, received approval from the technical review team, and initiated coding work. Your management asks you what you currently expect the TOTAL project to cost, and you assure them that the rest of the job will be done as per budget. Which of the following formulas will you use to get the most accurate estimate at completion (EAC)?
SELECT THE CORRECT ANSWER
EAC = AC+(BAC-EV)
EAC = AC+BOTTOM-UP ETC
EAC = (BAC/EV)/CPI*SPI
EAC = BAC/CPI
Correct Option:A
EXPLANATION
You are assuming that the rest of the job will be done as per budget; all you need to do is take the remaining work (BAC-EV) and add funds spent, AC.
30The project manager, project team members, and procurement managers are actively involved in negotiating contracts. Which of the following may the Project team NOT suggest?
SELECT THE CORRECT ANSWER
Deliverables and Milestones
Data consideration
Risk and issues
Resource requirements
Correct Option:B
EXPLANATION
Deliverables & Milestones, Risk and issues, and resource requirements can all be suggested by the project team.
31Task identification and tracking is done by the team without active involvement of the project managers in typical Agile approaches. Which of the following can the team use as an information radiator to track the tasks?
SELECT THE CORRECT ANSWER
Report dashboard
Kanban Board
Review structure
Activity documentation
Correct Option:B
EXPLANATION
While the committed user stories for the iteration are decomposed and tasks are identified, the team tracks and manages the tasks using information radiators like Kanban Board.
32Which of the following techniques can a project manager use to analyze skill gaps of team members?
SELECT THE CORRECT ANSWER
Team Gap analysis
Team Performance analysis
Training Gap analysis
Team knowledge analysis
Correct Option:C
EXPLANATION
This analysis enables the project manager to identify the missing skills, knowledge, and capabilities and can be used to come up with training for the team members.
33Which of the following is useful for effective planning of meetings, coordination, feedback, and improving visibility?
SELECT THE CORRECT ANSWER
Calendar
Display system
Kanban Board
process report
Correct Option:A
EXPLANATION
Using calendars helps to timebox meetings by improving the focus and encouraging the team to set objectives and tracking.
34A new stakeholder has recently been identified for your project. He will be helping team members with data validation and other testing. The stakeholder asks the project manager about the scheduling methodology and tools that will be used in the schedule development. He would also like to know about schedule change control procedures, reporting formats, and frequencies. Which of the following documents may the project manager refer him to?
SELECT THE CORRECT ANSWER
Project charter
Stakeholder register
Schedule management plan
Schedule baseline
Correct Option:C
EXPLANATION
The schedule management plan defines how the project schedule will be planned, developed, managed, executed, and controlled throughout the project life cycle. It serves as guidance for the scheduling process and defines the roles and responsibilities for stakeholders, along with scheduling methodologies, tools, schedule change control procedures, reporting formats, and frequencies.
35Your team is working on the installation and configuration of a database server. A project manager from another project called you to inform you that she is waiting for the completion of the server setup as her team will also be using the server for their testing. You inform the project manager that the server installation and configuration will be delayed by a few days. What kind of dependency does the other project have on your project?
SELECT THE CORRECT ANSWER
Discretionary dependency
Mandatory dependency
Internal dependency
External dependency
Correct Option:D
EXPLANATION
An external dependency is related to a non-project activity and is considered outside the control of the project team. This is an example of external dependency since the other project manager does not have control over the completion of the server setup but the project has a dependency on it.
36A project is following a life cycle where requirements are defined in a backlog, and the project team delivers the backlog items based on the priorities of the project sponsor in two-week iterations. What type of project life cycle is the team following?
SELECT THE CORRECT ANSWER
Rolling Wave
Agile
Waterfall
Scaled Agile Framework
Correct Option:B
EXPLANATION
Agile projects leverage a prioritized backlog and deliver the project in a series of short, timeboxed iterations. There are many varieties of Agile techniques, but this question has provided enough information to classify the project life cycle as Agile.
37Multiphase projects are planned by developing phases that are performed sequentially to ensure proper control of the project and attain the desired product, service, or result. In some cases, it is necessary to accelerate the project life cycle by overlapping project phases. Which of the following is NOT true about this kind of overlapping relationship?
SELECT THE CORRECT ANSWER
This technique can be applied as a schedule compression technique called fast-tracking.
This kind of relationship may increase project risk and the potential for conflicts. A subsequent phase can progress before accurate information is available from the previous phase.
In this kind of relationship, a phase is planned at a given time; planning for a subsequent phase is carried out as work progresses on the current phase or deliverables.
This kind of relationship can reduce the ability to develop long-term planning, but it is suitable in an undefined, uncertain, and rapidly changing environment.
Correct Option:C
EXPLANATION
In iterative relationships, a phase is planned at a given time. Planning for a subsequent phase is carried out as work progresses on the current phase or deliverables. In overlapping relationships, the successor phase can start prior to the completion of the predecessor phase. This approach can be applied as a schedule compression technique called fast-tracking. An overlapping relationship may increase project risk and the potential for conflicts as a subsequent phase progresses before accurate information is available form the previous phase. This kind of relationship can reduce the ability to develop long-term planning, but it is very suitable in an undefined, uncertain, and rapidly changing environment.
38Which of the following does NOT describe the project charter?
SELECT THE CORRECT ANSWER
Formally initiates the project
Includes high-level details of the project
Provides detailed plan for project management
Formalizes the assignment of the project manager
Correct Option:C
EXPLANATION
Project charter is created and project is initiated formally. By handing over the charter, the formal assignment of the project manager is declared.
39As a project manager, you and your team are mainly focused on finding a less costly way to do the same work and on achieving more out of the project in every possible way to increase the bottom line, decrease costs, improve quality, and optimize the schedule without reducing or impacting the scope. Which of the following techniques are you most likely using?
SELECT THE CORRECT ANSWER
Benchmarking
Value analysis
Life cycle costing
Reserve analysis
Correct Option:B
EXPLANATION
Value analysis is also referred to as value engineering or value methodology. It is the technique of finding a less costly way to do the same work and of achieving more out of the project in every possible way to increase the bottom line, decrease costs, improve quality, and optimize the schedule without reducing or impacting the scope.
40Which of the following leadership styles focuses on supporting the team and addressing their needs?
SELECT THE CORRECT ANSWER
Autocratic leadership
Servant leadership
Participative leadership
Democratic leadership
Correct Option:B
EXPLANATION
Servant leadership focuses on supporting the team and addressing their needs.
41Which of the following is the specific function or action that helps the team to transform, mature, and become more productive?
SELECT THE CORRECT ANSWER
Team dynamics
Team building
Team Negotiation
Team Agreement
Correct Option:B
EXPLANATION
Team building helps the team to transform, mature, and become more productive.
42Which of the following assessments explores alternatives to overcome or avoid the risk?
SELECT THE CORRECT ANSWER
Backlog Assessment
Skill Gap Assessment
Risk Assessment
Team Assessment
Correct Option:A
EXPLANATION
Backlog Assessment or refinement explores alternatives to overcome or avoid the risk
43A project manager working on implementing WIMAX connectivity in a rural area has to deploy several network devices and set up POPs to house those devices. She performed a cost-benefit analysis and was concerned about the high cost of nonconformance as a result of not following the proper quality procedures in the project. What should the project manager do?
SELECT THE CORRECT ANSWER
Look for benchmarks
Allocate additional budget to deal with the situation
Utilize the existing reserve money to deal with her situation
Perform a quality audit
Correct Option:D
EXPLANATION
A quality audit is a scheduled or random structured review performed by internal or third-party auditors to determine whether quality management activities comply with organizational and project processes, policies, and procedures. It ascertains inefficient and ineffective activities and processes used in the project as well as lessons learned, such as gaps and best practices, that can improve the performance of the current project or future ones. A quality audit to correct any deficiencies in the quality processes should result in a reduced cost of quality and an increase in stakeholders’ acceptance of the product.
44A project manager has observed that the project team members’ performance is deteriorating and motivation has also reduced. What is the best course of action the project manager can initiate?
SELECT THE CORRECT ANSWER
Reward & Recognition
Reward & Regulation
Penalty for degraded performance
Allow team to improve themselves
Correct Option:A
EXPLANATION
Reward and Recognition is an effective way of motivating teams to perform and contribute to the success of the project.
45Which of the following tools is not used to measure team performance?
SELECT THE CORRECT ANSWER
Sprint
Kanban Board
Earned Value
Velocity
Correct Option:A
EXPLANATION
Kanban Boards, Throughput metrics, Cycle Time, Quality Metrics, Earned Value, Bar Charts, and Velocity are the various tools used to measure a team’s performance.
46A project manager is performing formal and informal assessments to identify the specific training, coaching, mentoring, assistance, or changes required to improve a team’s performance and effectiveness. Which of the following is the project manager performing?
SELECT THE CORRECT ANSWER
Team performance assessment
Project performance assessment
Observations and conversations
Team-building activities
Correct Option:A
EXPLANATION
The goal of team performance assessment is to identify the specific training, coaching, mentoring assistance, or changes required to improve the team’s performance and effectiveness. The project management team makes formal or informal assessments of the project team’s effectiveness while team development efforts such as training, team building, and colocation are implemented. A team’s performance is measured against the agreed-upon success criteria, schedule, and budget target. The evaluation of a team’s effectiveness may include indicators such as how well the team is performing, communicating, and dealing with conflicts.
47A project manager overseeing a WIMAX deployment project just completed negotiation for three additional resources from different functional areas as well as extra reserve money for her project. During the negotiation, two of the functional managers were very skeptical about the request for additional resources and were reluctant to assign their resources to her project. She attempted to influence the functional managers using her association with a high-level executive. Which of the following forms of power is she using in this situation?
SELECT THE CORRECT ANSWER
Referent
Coercive
Expert
Reward
Correct Option:B
EXPLANATION
Coercive power involves leveraging a technique that coerces others to agree to the proposal.
48A project manager overseeing a construction project negotiated a deal with a tools and equipment rental company for different tools needed for the project. As a part of the deal, the rental company will supply all ten pieces of equipment for a total price of $3000/month for the duration of the project. Which of the following costs is this an example of?
SELECT THE CORRECT ANSWER
Indirect cost
Sunk cost
Opportunity cost
Fixed cost
Correct Option:D
EXPLANATION
Fixed cost is based on a predefined service delivery for a flat, pre-negotiated rate. The risk is on the seller.
49A project manager is in the Acquire project team process and is trying to secure the best possible resources to build a project team for carrying out project activities efficiently. What will be the output of this process?
SELECT THE CORRECT ANSWER
Resource management plan
Project staff assignments
Team performance assessments
Change requests
Correct Option:B
EXPLANATION
Staff assignments will define how the resources obtained will be assigned.
50Which of the following is essential for delivering the high-level organization strategy?
SELECT THE CORRECT ANSWER
Quality Management
Change Management
Knowledge Management
Transition Management
Correct Option:B
EXPLANATION
Change Management is essential for delivering the high-level organization strategy.
51Identifying and assessing the stakeholders is accomplished various ways. Which of the following would NOT be suitable for this?
SELECT THE CORRECT ANSWER
Expert Judgement
Data Analysis
Analogous Technique
Data Gathering
Correct Option:C
EXPLANATION
Analogous techniques are used for estimation.
52In Abraham Maslow’s Hierarchy of Needs, accomplishment, respect, attention, and appreciation are represented as:
SELECT THE CORRECT ANSWER
Physiological
Self-actualization
Esteem
Social
EXPLANATION
In Abraham Maslow’s Hierarchy of Needs, accomplishment, respect, attention, and appreciation are represented as esteem.
53You presented your project cost estimates to the sponsor, but she is upset about the inaccuracy of the estimates and demands that the estimates be as accurate as possible. Which of the following techniques will help you most in the situation?
SELECT THE CORRECT ANSWER
An order of magnitude estimate
A heuristic estimate
A bottom-up estimate
A top-down estimate
Correct Option:C
EXPLANATION
A bottom-up estimate is the most time-consuming and generally the most accurate estimate. In this technique, one estimate per activity is received from the team members. This estimate can be based on expert judgment, historical information, or an educated guess. A rough order of magnitude is an approximate estimate (-25 percent to 75 percent) made without detailed data. It is used during the formative stages for initial evaluation of a project’s feasibility. A heuristic estimate is based on rule of thumb, such as the 80/20 rule. A top-down estimate is usually given to the project manager from management or the sponsor. This type of estimate measures project parameters such as budget, size, complexity, and duration based on the parameters of a previous similar project and historical information. It is usually done during an early phase of the project when not much information is available; thus, it is less accurate even though it is less costly and less time-consuming.
54Steve is a system engineer who is extremely dedicated and hardworking. His deliverables are always on time, accurate, and of desired quality. He also has a reputation of being a nice guy and being liked by everyone in the organization. Considering all these factors, senior management has decided to assign Steve as a project manager for a critical engineering project. This is an example of:
SELECT THE CORRECT ANSWER
Rewarding good behavior
The halo effect
Victor Vroom’s expectancy theory
Perquisites
Correct Option:B
EXPLANATION
The tendency to rate high or low on all factors due to the impression of a high or low rating on a specific factor is known as the Halo effect. This kind of action will have a negative impact on the project and the performing organization.
55Henry, a project manager, utilizes different conflict resolution techniques to resolve conflicts in his project. He created an open environment so that his team members feel free to discuss their concerns and issues. He is also focused on resolving issues rather than fixing the personalities of his team members, and he pays more attention to the present than the past. Which of the following conflict resolution techniques will lead to the least sustaining positive result?
SELECT THE CORRECT ANSWER
Withdrawing or avoiding
Forcing
Confronting or problem-solving
Compromising
Correct Option:A
EXPLANATION
Withdrawing or avoiding is the technique of retreating from conflict and avoiding or postponing resolution. This technique leads to the least sustaining positive results.
56Facilitating meetings and sessions is an effective technique for:
SELECT THE CORRECT ANSWER
Meetings
One-on-one mentoring
Collaboration
Team management
Correct Option:B
EXPLANATION
Facilitating meetings and sessions is an effective technique for one-on-one mentoring, because this provides the mentor an opportunity to engage with the stakeholders effectively and guide them to right directions. Secondly, the stakeholder will have safe environment to express themselves in the absence of others.
57Which of the following is NOT an element of self-regulation?
SELECT THE CORRECT ANSWER
Self Control
Trustworthiness
Adaptability
Agility
Correct Option:D
EXPLANATION
Self Control, Trustworthiness, Conscientiousness, and Adaptability are self-regulation elements.
58You are responsible for making arrangements for your company’s annual picnic. You have taken all the necessary actions and have reserved an outdoor park on a particular day. You have bought umbrellas and rented tents just in case you need them. Which of the following risk strategies are you using in this case?
SELECT THE CORRECT ANSWER
Passive acceptance
Contingency planning
Avoidance
Transference
Correct Option:B
EXPLANATION
The contingency plan includes specific action that will be taken if opportunities or threats occur.
59Steve is a project manager for a power company and is currently supervising a solar panel installation project for a local real estate builder. The project has fifteen team members and eighteen internal and external stakeholders. One of the team leads sends Steve a status report of his team’s deliverables and indicates that a major component is completed. Steve is convinced that the team lead is not fully honest in his communication and that the major component is far from being completed. Steve is about to have a meeting with the key stakeholders on the project status. What is the best course of action for Steve in this kind of situation?
SELECT THE CORRECT ANSWER
Ask the team under the lead to explain the cause of discrepancy
Challenge the team lead about the validity of the report
Attend the status meeting with stakeholders and not mention anything about the major component
Inform the stakeholder that you will need a little more time to verify the information about the component and will follow up shortly
Correct Option:D
EXPLANATION
A project manager should always be truthful in communications and should provide accurate information in a timely manner. A project manager should not deceive others or make misleading or false statements. Steve should inform the stakeholders that he needs a little more time to verify the information about the major component and will follow up when he has an accurate update.
60In the communication process, a basic model of communication that exhibits how information is sent from the sender and how it is received by the receiver has all the following components EXCEPT:
SELECT THE CORRECT ANSWER
Sender
Message and feedback message
Urgency
Noise
Correct Option:C
EXPLANATION
Urgency is not included in the basic communication model but should be considered when determining the method of communication to be used.
61While overseeing a software engineering project, you find that one of the subcontractors failed to deliver on the last three projects. Upon further investigation, you learn that there are several complaints filed against this subcontractor and that they have a very bad reputation in the market. Realizing that is it too big a risk, you terminate the contract with the subcontractor and instead hire a couple of individuals to work on the components. Which risk response strategy did you use in this situation?
SELECT THE CORRECT ANSWER
Accept
Transfer
Mitigate
Avoid
Correct Option:D
EXPLANATION
Avoid is the elimination of the threat by eliminating the cause or changing the project management plan. Here, you utilized the avoid strategy by terminating the contract with the subcontractor to eliminate the threat to your project.
62Your management asked you to study the work method to determine a faster, less costly, and more efficient method to complete the project. This is an example of:
SELECT THE CORRECT ANSWER
Value engineering
Resource leveling
Schedule compression
Learning curve
Correct Option:A
EXPLANATION
Value engineering is mainly focused on finding a less costly way to do the same work and on achieving more out of the project in every possible way to increase the bottom line, decrease costs, improve quality, and optimize the schedule without reducing impact on the scope.
63You are in the monitor risks process of identifying, analyzing, and planning for newly arising risks, taking corrective actions, and reviewing the execution and effectiveness of risk responses. Which of the following is NOT a tool and technique to monitor risks?
SELECT THE CORRECT ANSWER
Risk reassessment
Reserve analysis
Enhance
Risk audits
Correct Option:C
EXPLANATION
Enhance is a strategy to deal with an opportunity. By influencing the underlying risk triggers, this strategy increases the size, probability, likelihood, and positive impact of an opportunity.
64Why is it essential to document assumptions from the point of initiation of your project?
SELECT THE CORRECT ANSWER
Failure to validate assumptions may result in significant risk events
Assumptions are absolute and nonnegotiable
Assumptions allow for baseline adjustments in case of project crisis
Assumptions limit the project team’s options for decision-making
Correct Option:A
EXPLANATION
Assumptions are not based on factual information, and failure to validate an assumption may result in significant risk events. Assumptions are usually documented during the project initiating and planning processes. These assumptions are not absolute and can be negotiable. Assumptions do not limit the project team’s options for decision making; however, constraints do. Assumptions also do not allow for baseline adjustments in case of project crisis as it’s not the correct process for adjusting project baselines.
65Which of the following is NOT a tool and technique of the Perform Qualitative Risk Analysis process?
SELECT THE CORRECT ANSWER
Risk probability and impact assessment
Probability and impact matrix
Expected monetary value analysis
Risk data quality assessment
Correct Option:C
EXPLANATION
Perform Qualitative Risk Analysis is the process of prioritizing risks by assessing and combining their probability of occurrence and impact on the project if they occur. This fast, relatively easy to perform, and cost-effective process ensures that the right emphasis is on the right risk areas as per their ranking and priority and helps to allocate adequate time and resources. Even though numbers are used for the rating in Perform Qualitative Risk Analysis, it is a subjective evaluation and should be performed throughout the project. Perform Quantitative Risk Analysis is the process of numerically analyzing the effect of overall project objectives of identified risks. It performs numerical analysis using a modeling technique such as expected monetary value (EMV).
66You are overseeing a large construction project to build a power plant. Your company has purchased a big piece of land close to a mountain and far away from the city for the plant. One of your team members reports to you that they found some artifacts during construction. Upon initial assessment, you realize these artifacts have some archaeological significance. What should you do in this kind of situation?
SELECT THE CORRECT ANSWER
Ask the team members to keep it a secret and collect all the artifacts for the benefit of the project.
This kind of finding is a norm in construction projects; thus, ignore the finding and proceed with the project as per the plan.
Proceed with the project as planned but inform the higher management about the findings.
Stop digging and call the archaeological department to quickly research the finding.
Correct Option:D
EXPLANATION
A project manager should understand the significance of this kind of finding and must consult the experts before proceeding further.
67An important stakeholder identified a problem with one of the features of a software application your team is working on and submitted a change request. Even though it was out of the project’s scope, the change control board approved the change. What should you do next?
SELECT THE CORRECT ANSWER
Add the risk to the risk register and gather information about its probability and impact
Disregard any risk at this stage of the project life cycle
Have a meeting with the stakeholder to discuss the risk
Identify what went wrong in the Identify Risks process
Correct Option:A
EXPLANATION
Any time you come across a new risk, the first thing you should do is document it in the risk register and then analyze the impact as well as the probability of that risk. You should not take any further action until you have analyzed the risk.
68You have identified various impediments, obstacles, and blockers in a project, and they must be resolved on priority. You decide to refer to the project management best practices and identifies the popular techniques. Which of the following is NOT the right technique to prioritize impediments, obstacles, and blockers?
SELECT THE CORRECT ANSWER
Unique Gaming
Fist to Five
T-Shirt Sizes
Planning Poker
Correct Option:A
EXPLANATION
Fist of Five, T-Shirt Sized, Planning Poker, Unique Naming are the techniques are suitable for assigning priorities
69While working on a construction project, you need to find out if any of your team members are available to work during the coming weekend. Which of the following documents will help you MOST in this situation?
SELECT THE CORRECT ANSWER
Project team directory
Responsibility assignment matrix (RAM) chart
Resource breakdown structure (RBS)
Resource calendar
Correct Option:D
EXPLANATION
A resource calendar shows who is and who is not available to work during any given time period. The resource calendar may consider attributes such as experience, skill level, expertise, capabilities, and geographical locations for human resources to identify the best resources and their availability. A project team directory includes information about team members, such as name, contact details, role, and functional area. A responsibility assignment matrix is a chart that cross-references team members with the activities or work packages they are to accomplish. One example of a RAM is a RACI (Responsible, Accountable, Consult, and Inform) chart, which can be used to ensure clear divisions of roles and responsibilities. A resource breakdown structure (RBS) is a graphical and hierarchical structure of the identified resources arranged by resource category (such as labor, material, equipment, and supplies) and type (such as expertise level, grade, and experience).
70You will be making $10,000 in a two-year project. The cost of capital is ten percent and the initial investment is $6000. You have another project that has a net present value of $9500. If you compare the net present value, which project should you select?
SELECT THE CORRECT ANSWER
The first project
The second project
Neither one
Cannot be determined
Correct Option:B
EXPLANATION
We know PV=FV/(1+r)n, Initial cost = $6,000, and interest rate =10 percent. So, present value for the first project is $10,000/(1+.1)2 = $9,009. The other project has a bigger NPV of $9,500. So, we should select the second project.
71Your team members have created a requirement document, a scope statement document, and a work breakdown structure. They have identified twenty work packages and completed the WBS dictionary. Some of these team members were also involved in creating the business case and conducting the feasibility study at the early stage of the project. Which of the following items will the team members work on now?
SELECT THE CORRECT ANSWER
Help the project manager to develop the schedule
Create the detailed activity list
Create the network diagram
Identify the sequence of the activities
Correct Option:B
EXPLANATION
Once the WBS is created with all the work packages, the team members should work on decomposing the work packages to create the detailed activity list. Network diagram and activity sequencing can be performed only after the activity list is created.
72Your twenty-mile railway construction project is not going well. You were supposed to complete the project today, exactly forty weeks from the start of the project. You found out that only 75 percent of the work is completed. Based on this status, approximately when would you expect the project to be completed?
SELECT THE CORRECT ANSWER
20 weeks
10 weeks
15 weeks
5 weeks
Correct Option:B
EXPLANATION
Assuming the same progress that has already been experienced, the project would take 10 weeks or 25% of the original 40-week estimate.