Practice Exam #1 Flashcards
the series of phases that a project passes through from its start to its completion is known as the
a. project waterfall
b. project life cycle
c. project life stages
d. project management process groups
b. project life cycle
NOT project life stages
which process is included in the project integration management knowledge area?
a. develop project management plan
b. control scope
c. scope verification
d. identify stakeholders
a. develop project management plan
which of the following is true about the validate scope process?
a. it is the process of formalizing acceptance of the completed project deliverables
b. it is not necessary if the project completes on time and within budge
c. occurs primarily when revisions or changes are made to project scope
d. it is primarily concerned with correctness of the deliverables, which control quality is primarily concerned with acceptance
a. it is the process of formalizing acceptance of the completed project deliverables
The relationship between Project Management Process Groups and project life cycle phase is best described as:
A. They are unrelated, incompatible concepts
B. They are the same concept, simply described by different terms.
C. Project life cycle phase interact with n each Process Group, and are normal y repeated within every process.
D. Process Groups interact within each project phase and are normally repeated for each phase
D. Process Groups interact within each project phase and are normally repeated for each phase
Which of the following is an acceptable cause for “re‐baselining” a $10M project?
A. change to project scope with a $150, 0 budget increase and a 2‐week schedule extension is approved.
B. A supplier has instituted a new quality assurance program which has taken 18 months to implement at a cost over$1M
C. Productivity in the Design Dept. is lower than estimated, and as result a 2‐week delay is expected
D. The Engineering Department has converted to a new $250,000 CAD system
A. change to project scope with a $150, 0 budget increase and a 2‐week schedule extension is approved.
Consider the following cumulative measures:
budget at completion (BAC) = 200
actual costs (AC) = 120
earned value (EV) = 80
cost performance index (CPI) = 0.666
Predicting that all future work will be accomplished at the budgeted rate, the estimate at completion (EAC) is:
a. 120
b. 200
c. 240
d. 300
c. 240
“at the budgeted rate” means the actual project
performance to date (whether favorable or unfavorable) as represented by the actual costs
Equation: EAC = AC + (BAC – EV)
how do you calculate the path with the largest float with a critical path schedule method chart?
add up the durations - the shortest duration has the largest float
how do you calculate the path with the largest float with a critical path schedule method chart?
add up the durations - the shortest duration has the largest float
what is the EAC forecast for ETC work performed at the present CPI?
assumes that what the project has experienced to date can be expected to continue in the future.
EAC = BAC / CPI
what is EAC forecast for ETC work considering both SPI and CPI factors?
ETC work will be performed at an efficiency rate that considers both the cost and schedule performance indices.
EAC = AC + [(BAC – EV) / (CPI × SPI)]
what is the formula for SPI?
SPI = EV/PV
what is the main output of the identify risks process?
a. risk register
b. monte carlo simulation
c. management reserves
d. risk management plan
a. risk register
The total number of potential communication channels for a project with n=12 stakeholders is
a. 66
b. 88
c. 47
d. 132
a. 66
communication channels = n(n-1) /2
n = number of stakeholders
