Simulator Mock Exam 2

Question 1

What is the triangular formula? 

Answer 1

Basically the average.

(X+y+z)=w

Question 2

What is and how to use a control chart?

Answer 2

It identifies production issues and causes a variance in quality

Question 3

What does it mean if a customer is unwilling to accept the deliverable due to function?

Answer 3

It usually means performance baselines are not define such as quality metrics

Question 4

If a stakeholder can’t accept a deliverable, what should be done first?

Answer 4

Update the issues log and asses if there’s any other way to get around it

Question 5

If a project schedule is trending behind, what is the next step to take and why? (SPI<1)

Answer 5

Issue a change request

Without enough time you can’t even allocate more resources to it.

Question 6

What’s the point of a minimum viable product?

Answer 6

The objective is for the customer to start seeing value.

It’s not a finished deliverable.

Question 7

What is CV=EV-AC?

Answer 7

Cost variance =

earned value - actual cost

Question 8

What is SV=EV-PV?

Answer 8

Schedule variance =
Earned value - Planned value

Question 9

What phase is a resource management plan created?

Answer 9

The planning phase

Question 10

When do you start creating the business case?

Answer 10

In the initiating phase

Once you have prelim scope, few restrictions, & some assumptions.

Question 11

SPI > 1

Answer 11

Ahead of schedule

Question 12

SPI < 1

Answer 12

Behind schedule

Question 13

CPI > 1

Answer 13

Under budget

Question 14

CPI < 1

Answer 14

Over budget

Question 15

Where can you find the communication and stakeholder engagement plans?

Answer 15

Project management plan

Question 16

When do you hire a consultant?

Answer 16

Only with members of the team did not have the necessary skills to execute the project

Question 17

When project work is done what do you do next?

Answer 17

 Complete the delivery of the project with proper documentation and transition 

Question 18

On an agile project who organizes the product backlog?

Answer 18

The product owner has the responsibility to not only organize but prioritize and re-prioritize the product backlog 

Question 19

What is storming?

Answer 19

Storming is when the team is having issues and conflict about getting the work done. Usually new teams.

Question 20

What are the 5 elements of Tuckman’s ladder?

Answer 20

Forming
Storming
Norming
Performing
Adorning

Question 21

If an issue isn’t resolved during the iteration, when should it next be addressed? 

Answer 21

The PM can address it during the team sprint retrospective.

Question 22

Who assumes the responsibility of training team members?

Answer 22

The PM is responsible for training, others or finding the training needed. Training is not passed on to other team members

Question 23

What’s in the change management plan?

Answer 23

Procedures how to handle requests for a change

Question 24

If there are any safety issues, what do you do?

Answer 24

Immediately stop

Question 25

What is a major benefit of a Kanban board?

Answer 25

It limits the work currently in progress.

Question 26

What does a scope statement decompose into?

Answer 26

WBS

Question 27

Motivation theory x

Answer 27

Micromanager

Question 28

Motivation theory y

Answer 28

Employees like working

Question 29

What is a hygiene agent mean?

Answer 29

Herzberg’s theory Job security, salary, good pay, insurance, etc.

Question 30

What is bottom up estimating and when to use it?

Answer 30

It’s a method of estimating project, duration of costs by aggregating the estimate of lower level components of the WBS. Use it when you have components well defined bc it is most accurate and most time consuming

Question 31

If the stakeholder is having communication issues with team members, what steps should a project manager take?

Answer 31

They should train team members on emotional intelligence, so they can better communicate and hopefully resolve this issue 

Question 32

How do you know the difference of implementing a risk register and implementing to change request? 

Answer 32

Risk register is done ahead of time Change request is needed correct/ prevent issue

Question 33

If a stakeholder is reaching out directly to team members for information, what should a project manager do?

Answer 33

The first step is to review communications management plan to clarify, what steps may be taken to give the stakeholder the information they’re looking for 

Question 34

What is beta estimate? (3 point estimating)

Answer 34

(Optimistic +(4xMost Likely) + Pessimistic) / 6 = Beta estimate

Question 35

What are risks?

Answer 35

It a possible future event or issue. It’s undetermined if it will happen at all. Once determined it’s no longer a risk.

Question 36

If a stakeholder is upset that they haven’t been included in regular communication what should a project manager do to resolve this?

Answer 36

First review the project management plan that will include the communication and stakeholder engagement plan to better understand what should have taken place