Practice Exam Questions Flashcards
Questions that arise when planning the acquisition of team members generally include all of the following except:
A. The level of assistance that the organizations human resource department and functional managers are able to provide the project management team.
B. Whether the costs associated with each level of expertise are needed for the project
C. Whether the compensation of senior executives is in the project budget.
D. Whether the resources come from within the organization or from external contracted sources
ANSWER: C
What is the process of Acquiring Resources?
Acquire resources is the process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work. The resources needed for the project can be internal or external to the project-performing organization. The project management team may or may not have direct control over resource selection because of collective bargaining agreements, use of subcontractor personnel, a matrix project environment, internal or external reporting relationships, or other reasons.
Which of the following is a technique of the Plan Communications Management process that determines the information needs of the project stakeholders?
A. Communication requirements technology
B. Communication requirements analysis
C. Information management system (IMS)
D. Project management information system (PMIS)
ANSWER: B
What is a Communication Requirements Analysis?
An analytical technique to determine the information needs of the project stakeholders through interviews, workshops, study of lessons learned from previous projects, etc.
The process of formalizing acceptance of the completed project is which project management process associated with the Project Scope Management Knowledge Area?
A. Control Scope
B. Plan Scope Management
C. Validate Scope
D. Define Scope
ANSWER: C
What is the Validate Scope process?
The process of formalizing acceptance of the completed project deliverables. The key benefit of this process is that it brings objectivity to the acceptance process and increases the probability of final product, service, or result acceptance by validating each deliverable.
Effective Project Management helps individuals, groups, and public and private organizations to:
A. Satisfy stakeholder expectations and create a plan that will not change
B. Satisfy stakeholder expectations and follow a set list of processes
C. Satisfy stakeholder expectations and optimize the use of organizational resources
D. Satisfy stakeholder expectations and stay in complete control of their project.
ANSWER: C
What does effective project management help individuals, groups, and public and private organizations to do?
Effective project management helps individuals, groups, and public and private organization to:
- Meet business objectives
- satisfy stakeholder expectations
- be more predictable
- increase chances of success
- deliver the right products at the right time
- resolve issues
- respond to risks
- optimize the use of resources
- identify, recover, or terminate failing projects
- manage constraints
- balance the influence of constraints
- manage change
Leveraging prior knowledge to improve outcomes and making knowledge created available for future projects is a key benefit of which of the following project integration management processes?
A. Control Project Knowledge
B. Develop Project Management Plan
C. Manage Project Knowledge
D. Develop Project Charter
ANSWER: C
What are the key benefits of the Manage Project Knowledge process?
- prior organizational knowledge is leveraged to produce or improve the project outcomes
- knowledge created by the project is available to support organizational questions and future projects or phases
Which of the following are key elements of the benefits management plan?
A. Strategic alignment, assumptions, and risks
B. Work breakdown structure, metrics, and resource calendar
C. Metrics, work performance data, and project reports
D. Project reports, cost management plan and risks
ANSWER: A
What are the key elements of the benefits management plan?
The benefits management plan describes key elements of the benefits and may included but is not limited to documenting the following:
target benefits, strategic alignment, timeframe for realizing benefits, benefits owner, metrics, assumptions, and risks (e.g., risks for realization of benefits)
Which of the following is true of Project Management Process Groups?
A. the process used is dependent on the industry in which the project is taking place
B. the application area (i.e., marketing, information services) determines which process is used
C. There are a set number of process iterations based on the needs of the project
D. Process Groups are independent of the application area or industry focus
ANSWER: D
The “fast tracking” method of schedule compression involves:
A. Going on a mandatory overtime schedule to complete the project schedule or earlier if possible
B. The use of industrial engineering techniques to improve productivity, thereby finishing the project earlier than planned
C. Assigning “dedicated teams” to critical path activities to achieve project schedule objectives
D. Performing in parallel for a portion of their duration activities or phases that are normally done in sequence. May result in rework and increased risk
ANSWER: D
What is the “fast tracking” method of schedule compression?
A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration. Fast tracking may result in rework and increased risk. Fast tracking only works when activities can be overlapped to shorten the project duration on the critical path. Fast tracking may increase project costs.
