Practice Exam 2

Question 1

For what reasons should you create milestones in your project plans? Choose two.

A. To signal the end of a task

B. To provide a budgetary checkpoint

C. To indicate the completion of a deliverable

D. To provide a comparison of actual versus estimated time

E. To perform a hand-off

F. To measure quality assurance

Answer 1

B. To provide a budgetary checkpoint

C. To indicate the completion of a deliverable

Milestones are used as checkpoints to determine whether the project is on time and on budget, and they may also note the completion of a deliverable.

Question 2

Your project sponsor wants to know the status of the project budget. The budget for this period of work is $250,000. To date, you’ve spent $225,000. The value of the work completed is $200,000. You will report the CPI to the sponsor. Which of the following is correct?

A. –.88

B. –25,000

C. 25,000

D. .88

Answer 2

D. .88

CPI is calculated this way: EV / AC. Plugging in the numbers, you have 200,000/225,000 = .88.

Question 3

Your organization underwent an internal reorganization recently, and two years ago they were acquired by another company. You know which of the following is true regarding this question? Choose three.

A. Both of these situations describe a type of change that could impact your project.

B. The reorganization and acquisition are types of organizational change.

C. These situations describe a common organizational structure that can bring about project change.

D. The firm that acquired your organization has the authority and power to make decisions.

E. The reorganization and acquisition are types of organizational influences on constraints.

Answer 3

A. Both of these situations describe a type of change that could impact your project.

B. The reorganization and acquisition are types of organizational change.

D. The firm that acquired your organization has the authority and power to make decisions.

A reorganization and an acquisition are types of organizational changes that could impact or bring about project changes.

Question 4

The project scheduler is responsible for which of the following project tasks?

A. Obtaining task status from resources

B. Reporting on schedule performance

C. Developing and maintaining the project schedule

D. Communicating timeline changes

E. Performing cross-functional coordination

F. A, B, C, D

G. All of the above

Answer 4

F. A, B, C, D

The project coordinator is responsible for cross-functional coordination, not the project scheduler.

Question 5

Resources are typically in limited supply. Which of the following assures that scarce resources are scheduled for the right tasks at the right time?

A. Resource over-allocation plan

B. Resource shortage plan

C. Plan for interproject dependencies

D. Resource allocation plan

Answer 5

D. Resource allocation plan

The resource allocation plan ensures that the right resources are identified, that they have the right skills and abilities, and that they are scheduled at the right time.

Question 6

This EVM technique tells you whether your costs are higher than budgeted or lower than budgeted. It measures the actual performance to date against what’s been spent.

A. CPI

B. CV

C. EV

D. PI matrix

Answer 6

B. CV

The cost variance EVM technique measures the cost performance to date for the project and tells you whether your costs are higher or lower than budgeted.

Question 7

Why is a scope management plan necessary?

A. It describes how the project team will define project scope.

B. It describes how the project team will verify the work of the project.

C. It describes how the project’s activities will be scheduled.

D. It describes the process to manage scope change requests.

E. It is effective at taming scope creep.

F. Options A, B, D, E

Answer 7

Options A, B, D, E

The scope management plan describes how the project team will define project scope, verify the work, and manage and control scope. One of the most important functions of the scope management plan is to help keep scope creep under control.

Question 8

You are a Scrum master for a software development project. Your team has self-organized, and you’re ready to begin work. What should be your next step?

A. Hold the Scrum planning meeting so the team can choose the backlog items to work on during the upcoming sprint.

B. Hold the sprint planning meeting so the team can choose the backlog items to work on during the upcoming sprint.

C. Hold the retrospective planning meeting so the team can choose the backlog items to work on during the upcoming sprint.

D. Hold the daily standup planning meeting so the team can choose the backlog items to work on during the upcoming sprint.

Answer 8

B. Hold the sprint planning meeting so the team can choose the backlog items to work on during the upcoming sprint.

The next step is to hold the sprint planning meeting. The Scrum meeting and/or daily standup meeting are held daily to discuss progress and what’s up next; the retrospective is held at the end of the sprint.

Question 9

You’re a project manager for a project that’s well underway, and you’re in the middle of the Executing phase. You have a disgruntled team member who is distracting the team’s focus. The team member came to the team with some sort of chip on his shoulder but managed to keep it low-key until now. This team member has skills that are critical to the project’s success. What’s the best plan to deal with this issue?

A. Ask the team member to seek a new team to work with.

B. Ask the team member what the issues seem to be. Tell them that things aren’t working out and that you’re seeking a new team for them to work with.

C. Ask the team member what the issues seem to be. Try to get to the heart of what’s bothering them. Ask how you can help correct the issues, if possible. Stress the importance of the project and their role on the team.

D. Tell the team member what you perceive the issues to be and then ask them what’s bothering him. Stress the importance of the project and his role on the team.

Answer 9

C. Ask the team member what the issues seem to be. Try to get to the heart of what’s bothering them. Ask how you can help correct the issues, if possible. Stress the importance of the project and their role on the team.

People are the most important element of your project. Clearly, this individual came to the team with some sort of issue. It’s important to first get with this person and try to determine what the issues are and ask how you can help. Telling them that they can no longer be on the team without first trying to resolve the issue is not a good solution. Also, telling the team member what you believe the issue is before they’ve had a chance to speak first may put them on the defensive, and you’ll never get to the heart of the problem.

Question 10

The marketing staff has started a project that was requested by another area of the company. Now they have discovered that the project scope is larger than they’d originally anticipated and they require the assistance of a project manager. No formal project documents were created. You’ve been asked to fill the role of project manager. What is the first step you’ll take for this project?

A. Write the project charter.

B. Determine the high-level requirements.

C. Understand what the deliverables are.

D. Write the high-level scope definition.

Answer 10

D. Write the high-level scope definition.

First you need to determine why the project was requested originally. The high-level scope definition describes the reason for the project, and it describes the high-level deliverables. From there, you will write the product scope description (also referred to as high-level deliverables).

Question 11

Name the steps in validating a project. Choose two.

A. Identify the project.

B. Validate the business case.

C. Write the project charter and obtain approval.

D. Identify and analyze stakeholders.

E. Align the project to the strategic plan.

Answer 11

B. Validate the business case.

D. Identify and analyze stakeholders.

The steps in validating a project include validating the business case and identifying and analyzing stakeholders.

Question 12

Which of the following is the stage of team development where team members are released?

A. Performing

B. Adjourning

C. Releasing

D. Transitioning

Answer 12

B. Adjourning

Adjourning is the stage in team development where team members are released. The other stages of team development are forming, storming, norming, and performing.

Question 13

You are taking over a project that is already underway. The previous project manager left the organization. You discover that some of the key requirements for the product of the project are missing and that risks have not been identified. Since the project work has already begun, you determine which of the following to be the best next step?

A. The work of the project is underway, and the team members know the requirements, even though they haven’t been documented. You decide the next step is to hold a risk identification and prioritization meeting and create the risk register.

B. Submit a change request and after approval, add the new requirements to the scope statement and hold a risk identification and prioritization meeting, create the risk register, and assign risk owners to write response plans.

C. Hold a meeting with the team members to discuss their level of understanding of the project goals and objectives. Depending on the outcome of this meeting, you may or may not submit a change request, but you will document the risks and prioritize them based on what the team members tell you in this meeting.

D. Inform the project sponsor and ask to suspend the project temporarily so you can meet with all the key stakeholders, document the requirements appropriately, and hold a risk identification and prioritization meeting before restarting the work of the project.

Answer 13

B. Submit a change request and after approval, add the new requirements to the scope statement and hold a risk identification and prioritization meeting, create the risk register, and assign risk owners to write response plans.

Since the work of the project is underway, the next best step is to submit a change request and then update the scope statement with the new features. You should hold a risk identification and prioritization meeting and document the risks in a risk register and document the response plans.

Question 14

You are conducting a lessons learned session with your team after the conclusion of your project. From the following list, select the most effective technique to get the information you need.

A. Get the team together informally. Conduct a whiteboard session in which people write down the positive and negative elements of the project.

B. Send an email to all project team members asking them for the input. Produce a report from their observations.

C. Conduct a formal session with the team and ask team members to identify the successes and failures for each phase. Ask for recommendations regarding what to do for the weak areas they’ve denoted.

D. A meeting isn’t really needed to formulate a good-quality lessons learned document. You can meet individually with each team member and gather their input.

Answer 14

C. Conduct a formal session with the team and ask team members to identify the successes and failures for each phase. Ask for recommendations regarding what to do for the weak areas they’ve denoted.

You’re trying to figure out what went well and what did not on the project, so it’s important to meet formally with the team and keep them focused during the lessons learned session. It’s not practical to simply solicit email input without putting together a formal meeting, and a report that you write alone may not hit all of the high points. It’s best to meet with all the team members together, if possible, because one comment may lead to another, which will provide valuable feedback for future projects.

Question 15

What is the following chart an example of?

A. RACI chart

B. RAC chart

C. Responsibility matrix

D. Assignment matrix

Answer 15

A. RACI chart

A RACI chart is a type of responsibility assignment matrix that details the tasks and resources and whether they are responsible, accountable, consulted, or informed about the task.

Question 16

From the following list, choose the item that represents a type of bar chart that plots data points over time.

A. Gantt chart

B. Process diagram

C. Histogram

D. Run chart

Answer 16

C. Histogram

A histogram is a type of bar chart that plots data points over time. Run charts plot data points over time also, but they use lines, not bars to represent the timeline.

Question 17

You’re a project manager for a complex software development project that’s well underway. Several changes have already been implemented on the project. The most recent change request concerns you because if it causes problems, it could be unrecoverable. You determine that the best next step in evaluating the impact of this change is which of the following?

A. Develop a regression plan.

B. Write a change request response describing the possible effects.

C. Update the project management documents with the change.

D. Tell the team to implement the change.

Answer 17

A. Develop a regression plan.

The next best step is to develop a regression, or reverse changes plan, so that if the change is approved and doesn’t go as planned, you have a backup of the work you’ve done to date. You are in the Evaluating phase, so the change request is already written. You wouldn’t update the project management documents or tell the team to implement the change until the change is approved.

Question 18

This project management method allows for continuous requirements gathering and readily adapts to new and changing requirements.

A. PERT

B. Agile

C. Waterfall

D. PRINCE2

Answer 18

B. Agile

The Agile methodology allows for continuous requirements gathering and easily adapts to new and changing requirements.

Question 19

You have been assigned as project manager for an important project to your organization. Brett is the functional manager who will give you the human resources for your team. However, Brett is forced to supply resources to several concurrent projects. You have a “dream-team” list of the people you want assigned to your team, but you’re worried other project managers may want these same people. What does this situation best represent?

A. Interproject resource contention

B. Resource overallocation

C. Shared resources

D. Interproject dependencies

Answer 19

A. Interproject resource contention

The best answer to this question is interproject resource contention. The key to this question is that the same resources are available for differing projects. Overallocation occurs when resources are assigned to more tasks than they can physically complete within the timeframe given. Shared resources could apply here, but the resources are in contention for multiple projects. Interproject dependencies doesn’t relate to resources.

Question 20

Which schedule format shows the duration of a task on a horizontal timeline, along with predecessors, successors, and milestones?

A. PERT

B. Gantt

C. Milestone chart

D. Pareto chart

Answer 20

B. Gantt

A Gantt chart shows a task on a horizontal timeline. Dependencies are shown as well as milestones. Gantt charts are useful for providing a visual image of how long each task will take to complete. PERT charts are a type of network diagram and show the activities in order of precedence, but they are not on a timeline.

Question 21

You’ve developed a scope statement and project management plan. The project management plan has been approved, and you’re moving forward with producing the deliverables for the project. What process have you entered?

A. Initiating

B. Planning

C. Executing

D. Monitoring and Controlling

E. Closing

Answer 21

C. Executing

You’re in the Executing process of the project. Executing means that your project is underway and that team members are working on the deliverables of the project.

Question 22

Choose the project phase that is most frequently not performed.

A. Initiating

B. Planning

C. Executing

D. Monitoring and Controlling

E. Closing

Answer 22

E. Closing

The Closing phase is one that is most often forgotten and not performed, but it should be performed for every project.

Question 23

Which of the following options belong to or are performed for a business case? Choose three.

A. Aligning the project goals to the strategic plan

B. Validating resource availability

C. Determining the decision model you’ll use for project selection

D. Performing a feasibility study

E. Determining the business need for the project

F. Determining high-level costs and timelines

G. Performing economic model data regarding the project’s value

Answer 23

A. Aligning the project goals to the strategic plan

D. Performing a feasibility study

F. Determining high-level costs and timelines

Business case development includes performing a feasibility study, determining high-level costs and timelines for the project, aligning the project goals to the strategic plan, providing alternative solutions analysis, and recommending a solution.

Question 24

You have the following figures: PV = 85, AC = 83, and EV = 81. What is CPI?

A. .98

B. –3

C. .95

D. –2

Answer 24

A. .98

The formula for CPI is EV / AC, so the formula looks like this: 81 / 83 = .98.

Question 25

You have an easily understood, succinct message to send to some of the stakeholders on your project. Which of the following methods are the best ways to communicate this message? Choose two.

A. Virtual meeting

B. Printed media

C. Email

D. Video conference

E. Instant message

Answer 25

C. Email

E. Instant message

Meetings, conferences, and printed media are typically used for complex messages that aren’t easily understood. Email and instant message are a good method to use when the message is clear and succinct and will be easily understood by the receiver.

Question 26

This type of document outlines the performance expectations of each party. It’s used when a contract isn’t a viable option.

A. KPP

B. SLA

C. MOU

D. SOW

Answer 26

C. MOU

A memorandum of understanding is used to define performance expectations between parties. Government entities use these documents often when dealing with other agencies because contracts are not a viable option. KPP is a key performance parameter, SLA is a service level agreement, and SOW is a statement of work.

Question 27

In most organizations, this is the person who has the authority to cancel a project.

A. Project manager

B. Executive-level stakeholder

C. Project sponsor

D. Executive director or manager in the organization

Answer 27

C. Project sponsor

In most organizations, the project sponsor is the one who has the authority to cancel a project. The project manager will likely be the one who recommends project cancellation, and it’s always a good idea to have stakeholder consensus regarding this decision as well.

Question 28

Why should you obtain formal sign-off when you conclude your project?

A. Sign-off allows the project manager to start a new assignment.

B. Sign-off acknowledges that the project team is no longer accountable for this product.

C. Sign-off is the trigger for releasing team members back to their functional organization.

D. Sign-off indicates that the project meets the documented requirements and the client has accepted the project deliverables.

Answer 28

D. Sign-off indicates that the project meets the documented requirements and the client has accepted the project deliverables.

A sign-off is the formal acceptance of the project. Team members are released according to the staffing management plan, but both the project manager and the project team members may continue to be involved in the project until all closure activities are complete.

Question 29

This is the process of aggregating all of the cost estimates and establishing a cost baseline for the project.

A. Cost estimating

B. Cost control

C. Cost tracking

D. Resource estimating

Answer 29

A. Cost estimating

Cost estimating is the process of aggregating the cost estimates and establishing a cost baseline for the project.

Question 30

This hierarchical chart displays the work of the project according to the resources needed.

A. RBS

B. OBS

C. WBS

D. RACI

Answer 30

A. RBS

The resource breakdown structure chart shows the work of the project according to the types of resources needed. An organizational breakdown structure shows the departments or work units and the work assigned to them. The WBS is a deliverables-oriented hierarchy that breaks down the work of the project, but resources are not assigned at this point. A RACI is not a hierarchical chart.

Question 31

Which of the following are the most important functions the project manager fulfils? Choose two.

A. Managing project resources appropriately and communicating project status

B. Assuring the project comes in on time and under budget

C. Integrating the project work and assuring the satisfaction of the stakeholders

D. Developing the project plan and obtaining approval from stakeholders

E. Communicating with stakeholders

Answer 31

C. Integrating the project work and assuring the satisfaction of the stakeholders

E. Communicating with stakeholders

The project manager fulfils all the functions listed in the options, but the two most important are integrating project work and communicating.

Question 32

When analyzing the effect of a scope change, what other project elements may require changes? Choose three.

A. Risk

B. Resources

C. Cost

D. Schedule

E. Equipment

F. Product scope

Answer 32

C. Cost

D. Schedule

F. Product scope

Scope changes may require changes to the project budget (cost), the schedule, and the product scope description. New risks may occur as a result of the scope change, but this is not always the case.

Question 33

Your project is nine months into the Executing process. When preparing to have performance reviews with your team members, all of the following are appropriate expect for which one?

A. Determine rewards for superior performance.

B. Review performance expectations, and specify new expectations for the next performance review.

C. Outline specific consequences for poor behavior that has not been corrected since the last discussion with the team member on this topic.

D. Provide feedback about inadequate performance behaviors from months ago for the first time at the upcoming performance meeting.

Answer 33

D. Provide feedback about inadequate performance behaviors from months ago for the first time at the upcoming performance meeting.

Performance feedback, particularly when it’s negative, should be given in a timely fashion. This project has been underway for more than nine months. Bringing up a situation from early in the project for the first time months later is not an effective way to help team members correct their behaviors.

Question 34

This chart plots the sprint time period on the horizontal axis and the backlog items (in work effort time) on the vertical axis.

A. Pareto

B. Run

C. Histogram

D. Burn down

Answer 34

D. Burn down

A burn-down chart shows the remaining work effort for a sprint. It plots the sprint time period on the horizontal axis and the backlog items (in work effort time) on the vertical axis.

Question 35

What is the critical path in the following?

(Please note, the Option letters appear in the graphic under “Task.”)

A. Task A

B. Task B

C. Task C

D. Task D

E. Task E

Answer 35

E. Task E

The critical path is path A-D-E and is 33 days in duration.

Question 36

A task that must finish before the next task begins is known as which of the following? Choose two.

A. Successor

B. FF relationship

C. SF relationship

D. Predecessor

E. Dependency

F. FS relationship

Answer 36

D. Predecessor

F. FS relationship

A predecessor task is one that comes before another task. A finish-to-start (FS) relationship is the most common type of logical relationship and says that the first task must finish before the next task can start.

Question 37

This positive risk strategy looks for opportunities to take advantage of positive impacts to the project if the risk event occurs.

A. Exploit

B. Contingency

C. Enhance

D. Share

Answer 37

A. Exploit

Exploit is a positive risk response strategy that looks for opportunities to take advantage of the positive impacts of a potential risk event.

Question 38

Your project expenditures averaged $1,500 a month the first two months and are now projected to go up to $3,000 per month for the next four months, at the end of which your project will be completed. Your total project budget is $12,000. Which of the following statement is true?

A. Your project cost estimates are incorrect.

B. You used parametric estimating techniques to come up with the $12,000 total cost.

C. Your burn rate is too high, and you will run out of money.

D. The total project cost is too low.

Answer 38

C. Your burn rate is too high, and you will run out of money.

The rate at which you are spending money over time (known as the burn rate) is too high, and you will run out of money if you don’t take action to correct this. There is not enough information in the other options to know whether they are true. The question doesn’t state the type of estimating methods used and just because you’re spending money faster than anticipated doesn’t mean the original cost estimate is too low.

Question 39

When initially developing your WBS, which of the following isn’t required?

A. Define the highest level of deliverables.

B. Make sure that each item in a lower level is a component of the level above.

C. Sequence all the work components.

D. Involve project team members in the process.

Answer 39

C. Sequence all the work components.

The purpose of a WBS is to identify all the work required to complete a project. It is not important at this point to define the order of the work. That will come later when the schedule is developed.

Question 40

You are working on a project where project status meetings generally have 12 participants. How many lines of communication are there?

A. 12

B. 66

C. 72

D. 60

Answer 40

B. 66

There are 66 lines of communication. The formula for this equation is as follows: 12(12 – 1) / 2 = 66.

Question 41

One of the key stakeholders on your project submitted a change request to add new requirements. The change was approved and implemented. What is your next step?

A. Validate the change and perform a quality check to assure it meets specifications.

B. Update the project management documents to reflect the new requirements.

C. Communicate the change to all the stakeholders.

D. Provide an update at the next CCB to confirm the change was made and was successful.

Answer 41

A. Validate the change and perform a quality check to assure it meets specifications.

The next step is to validate the change and perform a quality check to assure it meets the specifications of the change. Updating the project management documents and updating the CCB all come after the change is validated. Communication with the stakeholders occurs throughout the change process.

Question 42

Which of the following involves satisfying stakeholder needs, communicating, resolving issues, improving project performance, and managing concerns?

A. Communications planning for stakeholders

B. Managing stakeholders’ expectations

C. Developing the stakeholder team

D. Distributing information

Answer 42

B. Managing stakeholders’ expectations

Managing stakeholders’ expectations involves satisfying the needs of the stakeholders, communicating, resolving issues, improving project performance, and managing concerns. Communications planning is where you develop the plan for communicating to stakeholders throughout the project. Developing the stakeholder team isn’t an actual activity, but you are responsible for developing project teams, and this is where team-building and conflict-resolution techniques are used, and distributing information is where the communication plan is put into action.

Question 43

This type of organization change involves engaging external resources to help perform project functions or business functions.

A. Business acquisition

B. Outsourcing

C. Internal reorganization

D. Business process change

Answer 43

B. Outsourcing

Outsourcing occurs when an organization doesn’t have the resources, or their resources don’t have the skill sets available to perform the tasks. Some organizations choose to outsource standard business functions such as payroll, IT, and security as well.

Question 44

What does SWOT stand for? Choose four.

A. Strengths

B. Scope

C. Operations

D. Weakness

E. Threats

F. Work effort

G. Opportunities

Answer 44

A. Strengths

D. Weakness

E. Threats

G. Opportunities

SWOT stands for strengths, weakness, opportunity, and threats and is useful in identifying risks.

Question 45

Governance gates include all of the following. Choose three.

A. Deliverable approvals

B. Client sign-off

C. Milestone approval

D. Management approval

E. KPI approvals

F. Legislative approval

Answer 45

B. Client sign-off

D. Management approval

F. Legislative approval

Governance gates are included on the project schedule to account for client sign-off, management approval, and legislative approval.

Question 46

During the budgeting process, you may set aside a certain amount of funds to cover the cost of possible adverse events on the project. These are known as which of the following?

A. Management reserves

B. Prevention costs

C. Contingency reserves

D. Control limits

Answer 46

C. Contingency reserves

Contingency reserves are monies set aside to deal with the cost of possible adverse events on the project.

Question 47

This performance measurement tool is used to determine whether the performance of the organization is meeting their goals. It may measure financial goals, business processes, customer satisfaction, and more. This tool focuses on strategic areas of the business and monitors only a small number of important data elements.

A. Key performance indicators

B. Dashboard

C. Key performance parameters

D. Balanced score card

Answer 47

D. Balanced score card

This question describes a balanced score card. KPIs could be used to measure the goals mentioned as well, but the clue in this question is that balanced score cards focus only on a small number of important data elements.

Question 48

The documents, templates, agendas, diagrams, and other work products used in managing the project are known as which of the following?

A. Project documents

B. PMO processes

C. Artifacts

D. SOW

Answer 48

C. Artifacts

Artifacts are the documents, templates, agendas, diagrams, and other work products used in managing the project.

Question 49

This document describes the project deliverables, a code of accounts identifier, estimates, resources, and criteria for acceptance.

A. Project scope statement

B. WBS dictionary

C. Scope management plan

D. Project concept document

Answer 49

B. WBS dictionary

The WBS dictionary describes the project deliverables, a code of accounts identifier, estimates, resources, criteria for acceptance, and other information that helps clarify the deliverables.

Question 50

Stakeholders can be described by which of the following options?

A. They have a vested interest in the project.

B. The project sponsor is a stakeholder.

C. The customer is a stakeholder.

D. They help define requirements.

E. Project team members are stakeholders.

F. Options A, B, C, and D.

G. Options A, B, C, D, and E.

Answer 50

G. Options A, B, C, D, and E.

Stakeholders are anyone with a vested interest in the project including the project team members.

Question 51

You believe your project costs are in control. You know the total budget for the project is $850. You have spent $795 for this period of performance, and the value of the work you have completed to date is $800. What is the CV?

A. 5

B. 1.0

C. -5

D. .99

Answer 51

A. 5

CV is calculated this way: EV – AC or 800 – 795 = 5.

Question 52

You are a project manager for a medium-sized project. Some of the stakeholders, not including the project sponsor, have asked to meet with you as a group. They tell you that they’re not happy with the deliverables, even though the acceptance criteria for each requirement have been met. They want you to immediately kill the project because any further expenditure of resources would simply be throwing good money after bad. What do you tell them?

A. That you’ll close the project immediately.

B. You ask for a few more days to see whether you can complete the remainder of the project.

C. You tell them they’re too far into the project and too many deliverables have been accepted to kill the project at this stage.

D. You tell them the sponsor is the only one authorized to cancel the project prior to completion, and they should talk to the sponsor about this request.

Answer 52

D. You tell them the sponsor is the only one authorized to cancel the project prior to completion, and they should talk to the sponsor about this request.

Since the sponsor isn’t involved in these conversations, you’re not authorized to cancel the project until the sponsor tells you it’s OK. You’ll need to have the sponsor meet with the group and get to the bottom of their grievances and then take whatever action the sponsor requires.

Question 53

You know that EV = 230, PV = 230, and AC = 250. What is the CPI?

A. 0

B. -20

C. 1.08

D. .92

Answer 53

D. .92

The formula for CPI is EV / AC. Plugging in the numbers, you get 230 / 250 = .92.

Question 54

An important function of a project manager involves the project costs. Which of the following is true?

A. The project manager is responsible for creating cost estimates, creating the project budget, and controlling costs.

B. The project sponsor is responsible for creating the project budget, and the project manager creates the cost estimates and controls project costs.

C. The quality of the project depends on controlling the project costs.

D. The project scope will drive how you control the project costs.

Answer 54

A. The project manager is responsible for creating cost estimates, creating the project budget, and controlling costs.

The project manager is responsible for facilitating the three aspects of project costs, including estimating, creating a budget, and controlling costs. The sponsor approves the budget. Quality doesn’t affect the way you control costs nor does project scope. Project scope will help determine cost estimates and the overall project budget.

Question 55

You need to send a quick, succinct message to one of your team members asking them if the delivery you expected showed up at the warehouse on time. Which method is the best option to use in this case?

A. Email

B. Phone call

C. Text

D. Face to face meeting

Answer 55

C. Text

A text message is an effective method to communicate with one team member using a succinct, clearly understood message. Email would be useful if you have multiple team members who need to respond.