PMP test 4 Flashcards
As a manager of a small construction project, you were nearing a project closing when a previously unidentified risk is identified by one of the team members. The risk could affect the project success and on-time completion. What should your next action be? 1. Develop risk of plans. 2. Develop a workaround. 3. Inform your managers about the newly discovered risk and its impacts. 4. Qualify the risk.
According to the PM, Bach guide the next step after identifying your risk is always to perform qualitative risk and analysis
You were in the process of project cost estimation. Which one of the following is not required to estimate the project? 1. Risks 2. Network Diagram. 3. WBS 4. Change control system.
A change control system is not required to obtain estimates, but without the other three choices, you cannot develop the estimates. You need the WPS to define the activities, the network diagram to see the dependencies, and the wrist to determine the contingencies. These are high-level risk not the detailed risk we identify later in the process group.
As a project manager, you see that the updated project schedule shows two week delay compared to the baseline schedule. You decide to take action to bring the project forecast and completion date back to the original planned one and the baseline. This action could be described as? 1. Preventive action. 2. Lessons learned. 3. Corrective action. 4. Delay analysis
When you find a variance between a projects actual and plan performance, the best course of action is to take corrective actions. Preventive actions are taken to avoid such variances in the future.
Emotional intelligence, benefits, conflict, resolution, anticipating the actions of others, and reducing staff turnover. Directing others on how to do. Their jobs is a leadership style, but it is not a benefit of emotional intelligence.
You’re weighing the different alternatives which you have in order to make a career shift. One of your alternatives is a company with a project organizational form. And your assessment which one of the following would be considered as a drawback of such an organizational form? 1. The project team members have to report to many boss 2. The functional manager has more power than the project manager. 3. Team members have loyalty to the project. 4. Often the project management team has no home.
The main drawback of the project organization is that the end of the project team the team is dispersed, but they do not have a functional department or home to which to return
During the execution of a project as the project manager, he realized that a new quality standard has been adopted by your company. Your project team will meet with the company quality department to determine how the new standard will apply to your project. This is part of which quality process? 1. Plan quality management 2. Manage quality. 3. Control quality. 4. Quality update.
Even though it is occurring during the execution of the project, determining what standards to use as part of the quality planning. Sometimes during the project execution or other phases, we need a refer back to the planning because the planning is an editor process. And planning we determine what qualities to standards are applicable to the project and how to implement and control them. Quality update is made up term.
You’re in the process of conducting procurement management and you were about to award a contract to a subcontractor for a portion of the project scope. The mentioned portion which is described at a high-level Viehl will cost $4 million with a standard deviation of 500,000. What type of contract do you recommend in the situation? 1. Fixed Cost 2. Fixed price plus incentive fee 3. Cost plus fixed fee. 4. Cost plus percentage of costs
The cost project will vary at one standard deviation from 3,5 million to 4.5 million. Since this is not insignificant, there would appear to be some ambiguity with the project definition. As there is uncertainty in the scopes since it is not described in detail, we would not pick either of the fixed price options (fix cost or fix price plus incentive fee). Of the two cost plus options, you need to select the better of the two. Cost plus percentage of cost is probably the worst type of contract to use, as there is no incentive for the seller to control cost. The only choice left is a cost plus fixed fee contract.
You just finished acquiring the team members of your project team for your new project. You now need to ensure that each person is associated with a project activity and their rules and responsibilities are documented. What is the term for what this project artifact is called?
Project team assignments are a recording of the team members and their roles and responsibilities for the project. This may be documented in a project teams, directory, project, organizational chart, and or a schedule.
Which one of the following options best describes the role of a sponsor in a project? 1. Contributing in the development of the project communication plan and stakeholders expectation management 2. The development of the project management plan. 3. Helping to avoid unnecessary changes to the project objectives. 4. Supporting project planning activities.
The project of objectives are stated in the project charter, and it is the sponsor who issues the project charter. Therefore, helping to avoid the unnecessary changes to the project objectives as the correct answer. Supporting project planning activities and contributing and development of the project. communication plan could be correct, but they don’t necessarily represent the best role that that sponsor can play. The project management plan should be developed by the project manager and approved by the sponsor.
You are a project manager, and you have subcontracted some of the project work to another company. Through an independent review you uncover that the process the subcontractor uses to report its progress is highly insufficient activities. Have you found this? 1. You were in the control quality process and he performed a process analysis . 2. You were in the control quality process and have performed a quality audit. 3. The procurement process and performed procurement audit. 4. You are in the validate process and have performed quality audit.
You are in the control procurement process and have performed a procurement audit. Procurement audits review the procurement processes per the contract. Audit observation should be brought to the attention of both the buyer and the sellers project manager. Process analysis and audits are not part of control quality nor validate Scope.
During the plan procurement process you are performing to make or buy analysis. Apart from the cost, which one of the following options will convince you to do the work yourself instead of hiring another company to do it for you? 1. There’s a lot of proprietary data. 2. You do not need control over the work 3. You have required expertise, but not the required resources 4. You have very limited resources in your company.
It is generally better to do the work yourself. If using an outside company means you have to turn over proprietary data to the other company.
As a project manager, you’ve just made a change to the project. What should your next course of action be? 1. Update the project management plan and project doc 2. Informed the stakeholders about the impacts of the change 3. Submit a change request to the change control board. 4. Evaluate impacts of the change.
After the changes implemented the project management plan and project documents need to be revised, in order to reflect the change in the project. Since the changes already been made, all the other options should’ve already been done.
As a project manager has increased a project cost by 200,000, but he has completed the project four weeks earlier than I was planned. Would activity is best described in the situation? 1. Critical path method. 2. Resource leveling 3. Budgeting. 4. Schedule compression.
Schedule compression means shortening the duration of the project through assigning more budget or resources
I saw project manager you were in the project scheduled management knowledge area. Which one of the following processes includes asking the team members about the time estimates for their activities and reaching in agreement for the calendar date of each activity? 1. develop schedule 2. Sequence activities.3. Define scope. 4. Activity durations.
Develop Schedule - the last thing that happens and all the mentioned things in this question is reaching agreements on the calendar dates of activities, and this is an output of the development project project schedule process. The rest of the choices should also be done before developing the schedule, but since the development schedule is performed after all the other activities, this process helps to find the calendar date for activities.
All the following options can be derived from the estimate cost process, except for which one? 1. Assumptions made during the estimate cost process. 2. Preventing inappropriate changes from being included in the baseline. 3. Range of the possible project costs. 4. The cost risk associated with the estimated work.
The question is asking when you finish estimating cost, what should you have? Preventing inappropriate changes from being included in the class baseline is Moore correctly part of the cost management plan and the change control system. So the answer is # 2
