PMPPracticeExam4 Flashcards
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As the project manager at the buyer organization, you extend a formal invitation that contains a scope of work that seeks a response that will describe the methodology and results that will be provided to your organization. This is called:
A. Request for proposal
B. Request for bid
C. Request for information
D. Invitation to bid
A. Request for proposal
Since you are sending out a scope of work along with the invitation, and you are giving the potential sellers the methodology of the project execution and the results, they should provide you with a proposal. Hence, this is called a Request for Proposal.
As the manager of a small construction project, you are nearing 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?
A. Develop risk mitigation plans
B. Develop a workaround
C. Inform your managers about the newly discovered risk and its impacts
D. Qualify the risk
D. Qualify the risk
According to the PMBOK® Guide (6th Edition), the next step after identifying a risk is always to perform qualitative risk analysis.
As the project manager currently involved in the Scope Management Plan processes, you have obtained a large number of ideas during sessions to gather product and project requirements. Which of the following techniques is best suited to have these ideas sorted into groups for review and analysis?
A. Affinity diagrams
B. Brainstorming
C. Facilitated workshops
D. Mind mapping
A. Affinity diagrams
The affinity diagram allows large numbers of ideas to be sorted into groups for further review and analysis. It is one of the group creativity techniques used in gathering of requirements.
A project manager must have some work done by an outside contractor. This work has a great deal of risk associated with it, and it has become very difficult to find a contractor willing to take on the job. Which of the following types of contracts would offer the greatest incentive to the contractor?
A. Cost plus fixed fee
B. Cost plus incentive fee
C. Firm fixed price
D. Cost plus percentage of cost as an award fee
D. Cost plus percentage of cost as an award fee
In the cost plus percentage of cost as an award fee type of contract, the contractor has the highest possible incentive.
You are managing a design project and you should gradually submit to your customer the project deliverables including drawings and documents as they get completed. One of your designers approaches you and gives you a completed document to be submitted to the customer. When skimming through the document you realize that the document is shorter than what you expect according to your past experience. What should be your first action in this situation?
A. Call the team member for a meeting
B. Perform scope verification against the baseline
C. Perform quality control
D. Call the functional manager of your team member to make sure that the document is correct
B. Perform scope verification against the baseline
The purpose of scope verification is to compare the deliverable to the requirements or scope statement, WBS or WBS dictionary. The project manager might have misunderstood and it would be best to check before talking to the team member.
Getting human resources assigned when there is no one co-located with the necessary skill sets is known as which one of the following options?
A. Negotiation
B. Procurement management
C. Virtual teams
D. Pre-assignment
C. Virtual teams
Virtual teams is the ability to leverage resources possessing the skills needed but who are not co-located with the project team.
You are working in an organization which handles several projects every year. Who should be in charge of determining the project priorities in such an organization?
A. The project team
B. The project manager
C. The project management team
D. The project management office
D. The project management office
Since this is about the priorities of the projects compared to each other, the decision should be made by an entity that has oversight to all of the projects. Project manager, project team, and the project management team are all the entities which have authorities only within the boundaries of a specific project.
You are managing a highway construction project. Which of the following quality tools could you implement to ensure that your project team members are completing all of the required steps during an installation procedure?
A. WBS
B. Requirements documentation
C. Checklists
D. Design of experiments
C. Checklists
Checklists are a simple but effective quality management tool that the project manager can use to ensure the project team is completing all of the required work.
You are in the process of project cost estimation. Which one of the following is not required to estimate the project?
A. Risks
B. Network diagram
C. WBS
D. Change control system
D. 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 WBS to define the activities, the network diagram to see the dependencies, and the risks to determine contingencies. (These are high-level risks, not the detailed risks we identify later in the planning process group.)
As a project manager you see that the updated project schedule shows 2 weeks delay compared to the baseline schedule. You decide to take actions to bring the project forecasted completion date back to the original planned one in the baseline. This action could be best described as?
A. Preventive action
B. Lessons learned
C. Corrective action
D. Delay analysis
C. Corrective action
When you find a variance between a projects actual and planned performance the best course of action is to take corrective actions. Preventive actions are taken to avoid such variances in future.
Which of the following is not true of emotional intelligence and its benefits on projects?
A. Emotional intelligence is useful for resolving conflict.
B. Emotional intelligence is useful for directing others on how to do their jobs.
C. Emotional intelligence is useful for anticipating your team member’s actions.
D. Emotional intelligence is useful for reducing staff turnover.
B. Emotional intelligence is useful for directing others on how to do their jobs.
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 is not a benefit of emotional intelligence.
As a project manager you are hired by a projectized organization. You have been working on a 1-year project for nine months since you became the employee of the company. The project is ahead of schedule when one of the functional managers tells you the resources committed to the project are no longer available.
After further investigation, you discover the company has another project that just started and is using the resources committed to your project. You believe the new project is not critical, but the project manager is the son of the company CEO. What is the BEST course of action in this situation?
A. Ask upper management to formally prioritize the projects
B. Determine when resources will become available
C. Negotiate a new schedule with the other project manager
D. Use the reserve to hire contractors to complete the work
C. Negotiate a new schedule with the other project manager
According to the PMBOK® Guide, you should always first try to resolve conflicts internally, and you should use negotiating skills to try to come to a mutually beneficial agreement. So the best course of action is the negotiate a new schedule with the other project manager. The other options might be used as well, but only after attempting negotiation. Trying these other options first would indicate a passive management style.
Which of the following statements is true for improving the quality of the project’s processes?
A. Preventive actions prevent defects from reaching the customer.
B. Inspection ensures avoidance of rework.
C. Preventive actions reduce the likelihood that errors will occur in the process.
D. Inspection reduces random variation in the output of the process.
C. Preventive actions reduce the likelihood that errors will occur in the process.
Prevention improves quality by eliminating defects from the process rather than relying on inspection after. Therefore, prevention can reduce the likelihood that errors will occur in the process. The other items refer to inspection.
You are managing a project and you know that the first phase of the project is completed. What will you make sure that is done before starting the second phase of the project?
A. Make sure that the resources of the next phase are available
B. Recommend corrective actions to close the gap between the planned and actual progress of the project
C. Confirm that the first phase has reached its objectives and its deliverables are formally accepted
D. Check the project status against the plan
C. Confirm that the first phase has reached its objectives and its deliverables are formally accepted
A phase or project must be formally closed and accepted. Of course the other choices are also required to be done, but only after the closure of the first phase.
You are weighing the different alternatives which you have in order to make a career shift. One of your alternatives is a company with a projectized organizational form. In your assessments, which one of the following would be considered as a drawback of such an organizational form?
A. The project team members have to report to many bosses
B. The functional manager has more power than the project manager
C. The team members have low loyalty to the project
D. Often the project management team has no home
D. Often the project management team has no home
The main drawback of the projectized organization is that at the end of the project, the team is dispersed but they do not have a functional department (‘home’) to which to return.
During the execution of the project, as the project manager you realize 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?
A. Plan Quality Management
B. Manage Quality
C. Control Quality
D. Quality Update
A. Plan Quality Management
Even though it is occurring during the execution of the project, determining what standards to use is part of quality planning. Sometimes during the project execution or other phases we need to refer back to planning because planning is an iterative process. In planning, we determine what quality standards are applicable to the project and how to implement and control them. ‘Quality Update’ is a made up term and does not represent any of the quality management processes.
You are in the process of conducting procurement management, and you are 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, will cost $4 million with a standard deviation of $500,000. What type of contract do you recommend in this situation?
A. Fixed Cost
B. Fixed price plus incentive fee
C. Cost-plus fixed fee
D. Cost-plus percentage of costs
C. Cost-plus fixed fee
The cost of this project will vary, at one standard deviation, from $3.5M to $4.5M. Since this is not insignificant, there would appear to be some ambiguity with the project definition. As there is uncertainty in the scope since it is not described in detail, we would not pick either of the fixed price options (fixed cost or fixed price plus incentive fee).
Of the two cost-plus options, you need to select the better of the two. Cost-plus percentage of costs is probably the worst type of contract to use, as there is no incentive for the seller to control costs. The only choice left is a cost-plus-fixed-fee contract.
You just finished acquiring the 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 roles and responsibilities are documented. What is the term for what this project artifact is called?
___________________________________
Project Team Assignments
According to page 334 of the PMBOK Guide, 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 team directory, project organization chart, and/or a schedule.
You are leading a change-driven project, and the first iteration of the project is completed. Which TWO activities need to be complete before beginning the next iteration?
A. Planning has occurred for the next iteration.
B. The actual percent completed is compared against the baseline to understand progress performance.
C. All of the items in the iteration backlog are complete.
D. Confirm that the first iteration has reached its objectives and its deliverables are formally accepted.
A. Planning has occurred for the next iteration.
D. Confirm that the first iteration has reached its objectives and its deliverables are formally accepted.
In change-driven projects, the definition of “done” is agreed to in advance and the team and stakeholders meet to ensure that these objectives have been met and are acceptable. Planning on the next iteration and what to include occurs next. In change-driven projects, baselines are not established since detailed planning only occurs for the current iteration. Percent complete is not a meaningful metric in change-driven projects. In Agile, backlog items that are not complete at the end of the iteration are moved to a future iteration.
As the manager of a construction project, you are reviewing an earned value analysis report which includes only the variance information. Schedule variance is $320,000 and cost variance is $100,000. Your guess is that the planned value of the project at this point should be $2,000,000.
It is after normal office hours, and you don’t have access to the analyst who prepared the report, though you see that the report shows an SPI of 1.16 and a CPI of 1.05. What does this information tell you about the project?
A. Your project is ahead of schedule and under budget.
B. Your project is behind schedule and under budget.
C. Your project is ahead of schedule and over budget.
D. Your project is behind schedule and over budget.
A. Your project is ahead of schedule and under budget.
An SPI > 1.0 means the project is ahead of schedule. An SPI = 1.0 means it is on schedule, and an SPI < 1.0 means it is behind schedule. Since the SPI is > 1 here, then it is ahead of schedule. Similarly, here for CPI, which is 1.05 and > 1.0. This means it is under budget. This can be verified by noting that there is a positive schedule and cost variance, which also indicates being ahead of schedule and under budget.