Test 4 Flashcards

1
Q

12Regular assessment and training is essential for project team members so that they will have the skills required to deliver the task assigned to them. What would be best course of action to confirm the effectiveness of the training?
SELECT THE CORRECT ANSWER

Pre-Training Assessments

Training Review

Training Retrospective

Post-Training Assessments

A

Correct Option:D

EXPLANATION

Post-assessments have to be conducted after the training. This will measure the success of the training and it’s outcomes, which enables further improvements.

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2
Q

19You were given a budget of $3000, and you spent $2000. However, you only completed $1200 worth of work. What do you currently expect the TOTAL project to cost, considering your situation?
SELECT THE CORRECT ANSWER

Not possible to estimate

5000

6000

6200

A

Correct Option:B

EXPLANATION

Estimate at completion (EAC) =BAC/CPI. Here, we have BAC=$3,000, AC=$2,000, and EV=$1,200. CPI=EV/AC=1200/2000=.6. So, EAC=3000/.6 =5,000.

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3
Q

21Which of the following is not a tool used for pre-assessment?
SELECT THE CORRECT ANSWER

Ability Test

Structured Interview

Focus Group

Testing

A

Correct Option:D

EXPLANATION

Attitudinal Surveys, Specific Assessments, Ability Tests, Structured Interviews, and Focus Groups are used as pre-assessment tools.

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4
Q

22While reviewing your project schedule, you realize that you have two pending activities that you need to complete as soon as possible. You must set up the development server in the lab and then start coding. Upon further investigation, you find out that you must run the server for three days without failure before the coding starts. This is an example of:
SELECT THE CORRECT ANSWER

Lead

Crash

Critical chain

Lag

A

Correct Option:D

EXPLANATION

Lag is an inserted waiting time between activities. In this case, there is a three-day delay before you can start coding.

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5
Q

26Team norms have to be established during the beginning of the project so that the team is equipped to handle challenges as the project progresses. Which of the following is NOT included in the team norms?
SELECT THE CORRECT ANSWER

Meetings

Communication Approaches

Monitoring the performance

Shared Values

A

Correct Option:C

EXPLANATION

Meetings, Communication Approaches, Managing conflicts, Shared Values, and Decision making are all included in team norms.

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6
Q

27During the executing stage of a project to develop a cashiering application for a retail customer, a senior stakeholder requested that you slightly modify the project scope to incorporate an additional feature. What will be your first course of action?
SELECT THE CORRECT ANSWER

Submit the change request to the change control board for its approval or rejection

Document the change request as per the project scope management plan

Perform an impact analysis on all project objectives such as scope, time, cost, quality, risk, and others

Deny the request since it is too late in the project life cycle to incorporate any new change

A

Correct Option:B

EXPLANATION

The project manager should document the change request as per the project scope management plan and then submit the change request to the change control board once the impact analysis is completed. The change control board will either approve or deny the request.

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7
Q

35Your team is working on the installation and configuration of a database server. A project manager from another project called you to inform you that she is waiting for the completion of the server setup as her team will also be using the server for their testing. You inform the project manager that the server installation and configuration will be delayed by a few days. What kind of dependency does the other project have on your project?
SELECT THE CORRECT ANSWER

Discretionary dependency

Mandatory dependency

Internal dependency

External dependency

A

Correct Option:D

EXPLANATION

An external dependency is related to a non-project activity and is considered outside the control of the project team. This is an example of external dependency since the other project manager does not have control over the completion of the server setup but the project has a dependency on it.

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8
Q

36A project is following a life cycle where requirements are defined in a backlog, and the project team delivers the backlog items based on the priorities of the project sponsor in two-week iterations. What type of project life cycle is the team following?
SELECT THE CORRECT ANSWER

Rolling Wave

Agile

Waterfall

Scaled Agile Framework

A

Correct Option:B

EXPLANATION

Agile projects leverage a prioritized backlog and deliver the project in a series of short, timeboxed iterations. There are many varieties of Agile techniques, but this question has provided enough information to classify the project life cycle as Agile.

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9
Q

37Multiphase projects are planned by developing phases that are performed sequentially to ensure proper control of the project and attain the desired product, service, or result. In some cases, it is necessary to accelerate the project life cycle by overlapping project phases. Which of the following is NOT true about this kind of overlapping relationship?
SELECT THE CORRECT ANSWER

This technique can be applied as a schedule compression technique called fast-tracking.

This kind of relationship may increase project risk and the potential for conflicts. A subsequent phase can progress before accurate information is available from the previous phase.

In this kind of relationship, a phase is planned at a given time; planning for a subsequent phase is carried out as work progresses on the current phase or deliverables.

This kind of relationship can reduce the ability to develop long-term planning, but it is suitable in an undefined, uncertain, and rapidly changing environment.

A

Correct Option:C

EXPLANATION

In iterative relationships, a phase is planned at a given time. Planning for a subsequent phase is carried out as work progresses on the current phase or deliverables. In overlapping relationships, the successor phase can start prior to the completion of the predecessor phase. This approach can be applied as a schedule compression technique called fast-tracking. An overlapping relationship may increase project risk and the potential for conflicts as a subsequent phase progresses before accurate information is available form the previous phase. This kind of relationship can reduce the ability to develop long-term planning, but it is very suitable in an undefined, uncertain, and rapidly changing environment.

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10
Q

42Which of the following assessments explores alternatives to overcome or avoid the risk?
SELECT THE CORRECT ANSWER

Backlog Assessment

Skill Gap Assessment

Risk Assessment

Team Assessment

A

Correct Option:A

EXPLANATION

Backlog Assessment or refinement explores alternatives to overcome or avoid the risk

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11
Q

43A project manager working on implementing WIMAX connectivity in a rural area has to deploy several network devices and set up POPs to house those devices. She performed a cost-benefit analysis and was concerned about the high cost of nonconformance as a result of not following the proper quality procedures in the project. What should the project manager do?
SELECT THE CORRECT ANSWER

Look for benchmarks

Allocate additional budget to deal with the situation

Utilize the existing reserve money to deal with her situation

Perform a quality audit

A

Correct Option:D

EXPLANATION

A quality audit is a scheduled or random structured review performed by internal or third-party auditors to determine whether quality management activities comply with organizational and project processes, policies, and procedures. It ascertains inefficient and ineffective activities and processes used in the project as well as lessons learned, such as gaps and best practices, that can improve the performance of the current project or future ones. A quality audit to correct any deficiencies in the quality processes should result in a reduced cost of quality and an increase in stakeholders’ acceptance of the product.

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12
Q

44A project manager has observed that the project team members’ performance is deteriorating and motivation has also reduced. What is the best course of action the project manager can initiate?
SELECT THE CORRECT ANSWER

Reward & Recognition

Reward & Regulation

Penalty for degraded performance

Allow team to improve themselves

A

Correct Option:A

EXPLANATION

Reward and Recognition is an effective way of motivating teams to perform and contribute to the success of the project.

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13
Q

45Which of the following tools is not used to measure team performance?
SELECT THE CORRECT ANSWER

Sprint

Kanban Board

Earned Value

Velocity

A

Correct Option:A

EXPLANATION

Kanban Boards, Throughput metrics, Cycle Time, Quality Metrics, Earned Value, Bar Charts, and Velocity are the various tools used to measure a team’s performance.

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14
Q

47A project manager overseeing a WIMAX deployment project just completed negotiation for three additional resources from different functional areas as well as extra reserve money for her project. During the negotiation, two of the functional managers were very skeptical about the request for additional resources and were reluctant to assign their resources to her project. She attempted to influence the functional managers using her association with a high-level executive. Which of the following forms of power is she using in this situation?
SELECT THE CORRECT ANSWER

Referent

Coercive

Expert

Reward

A

Correct Option:B

EXPLANATION

Coercive power involves leveraging a technique that coerces others to agree to the proposal.

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15
Q

48A project manager overseeing a construction project negotiated a deal with a tools and equipment rental company for different tools needed for the project. As a part of the deal, the rental company will supply all ten pieces of equipment for a total price of $3000/month for the duration of the project. Which of the following costs is this an example of?
SELECT THE CORRECT ANSWER

Indirect cost

Sunk cost

Opportunity cost

Fixed cost

A

Correct Option:D

EXPLANATION

Fixed cost is based on a predefined service delivery for a flat, pre-negotiated rate. The risk is on the seller.

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16
Q

49A project manager is in the Acquire project team process and is trying to secure the best possible resources to build a project team for carrying out project activities efficiently. What will be the output of this process?
SELECT THE CORRECT ANSWER

Resource management plan

Project staff assignments

Team performance assessments

Change requests

A

Correct Option:B

EXPLANATION

Staff assignments will define how the resources obtained will be assigned.

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17
Q

50Which of the following is essential for delivering the high-level organization strategy?
SELECT THE CORRECT ANSWER

Quality Management

Change Management

Knowledge Management

Transition Management

A

Correct Option:B

EXPLANATION

Change Management is essential for delivering the high-level organization strategy.

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18
Q

51Identifying and assessing the stakeholders is accomplished various ways. Which of the following would NOT be suitable for this?
SELECT THE CORRECT ANSWER

Expert Judgement

Data Analysis

Analogous Technique

Data Gathering

A

Correct Option:C

EXPLANATION

Analogous techniques are used for estimation.

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19
Q

55Henry, a project manager, utilizes different conflict resolution techniques to resolve conflicts in his project. He created an open environment so that his team members feel free to discuss their concerns and issues. He is also focused on resolving issues rather than fixing the personalities of his team members, and he pays more attention to the present than the past. Which of the following conflict resolution techniques will lead to the least sustaining positive result?
SELECT THE CORRECT ANSWER

Withdrawing or avoiding

Forcing

Confronting or problem-solving

Compromising

A

Correct Option:A

EXPLANATION

Withdrawing or avoiding is the technique of retreating from conflict and avoiding or postponing resolution. This technique leads to the least sustaining positive results.

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20
Q

56Facilitating meetings and sessions is an effective technique for:
SELECT THE CORRECT ANSWER

Meetings

One-on-one mentoring

Collaboration

Team management

A

Correct Option:B

EXPLANATION

Facilitating meetings and sessions is an effective technique for one-on-one mentoring, because this provides the mentor an opportunity to engage with the stakeholders effectively and guide them to right directions. Secondly, the stakeholder will have safe environment to express themselves in the absence of others.

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21
Q

68You have identified various impediments, obstacles, and blockers in a project, and they must be resolved on priority. You decide to refer to the project management best practices and identifies the popular techniques. Which of the following is NOT the right technique to prioritize impediments, obstacles, and blockers?
SELECT THE CORRECT ANSWER

Unique Gaming

Fist to Five

T-Shirt Sizes

Planning Poker

A

Correct Option:A

EXPLANATION

Fist of Five, T-Shirt Sized, Planning Poker, Unique Naming are the techniques are suitable for assigning priorities

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22
Q

70You will be making $10,000 in a two-year project. The cost of capital is ten percent and the initial investment is $6000. You have another project that has a net present value of $9500. If you compare the net present value, which project should you select?
SELECT THE CORRECT ANSWER

The first project

The second project

Neither one

Cannot be determined

A

Correct Option:B

EXPLANATION

We know PV=FV/(1+r)n, Initial cost = $6,000, and interest rate =10 percent. So, present value for the first project is $10,000/(1+.1)2 = $9,009. The other project has a bigger NPV of $9,500. So, we should select the second project.

23
Q

82While overseeing a construction project, you are informed by the site supervisor that the painting team has showed up even though the dry wall team is not even half done. The painting team lead is not sure when his team is supposed to start the work. Which of the following is contributing MOST to this issue?
SELECT THE CORRECT ANSWER

Team cohesiveness is poor.

Communication management plan is not developed.

A proper work authorization system is not established in the project.

The site supervisor lacks experience.

A

Correct Option:C

EXPLANATION

Work authorization system is a formal, documented procedure to describe how to authorize and initiate work in the correct sequence at the appropriate time. The other options listed here could be contributory factors, but it is most likely that a work authorization procedure is either not properly established or not properly followed.

24
Q

83Stakeholders collaborate frequently during the project through daily standups, review meetings, and informal discussions so that there are timely updates to status of the project. On what basis should the frequency of stakeholder engagement be defined?
SELECT THE CORRECT ANSWER

Mutual needs and expectations of the stakeholders

The project manager’s judgement

Regular discussions and brainstorming

Review of the project status

A

Correct Option:A

EXPLANATION

The frequency of stakeholder engagement must be defined based on the mutual needs and expectations of the stakeholders.

25
84You are managing a software application project to develop an online PMP simulator budgeted for $90,000 to assist students to practice exam questions in a real-life environment. The team has completed design work, received approval from the technical review team, and initiated coding work. When asked by management what you currently expect the project to cost, you think that the costs you have incurred till now are typical for the rest of the project. While reviewing the current status of the project, you found that AC = $30,000 and EV = $35,000. What is your estimate at completion (EAC)? SELECT THE CORRECT ANSWER 85000 77856 90000 60000
EXPLANATION If CPI or past results are typical or expected to continue, the correct EAC formula is EAC = BAC/CPI. In this case, BAC = $90,000 CPI = EV/AC = $35,000/$30,000 = 1.16 EAC = $90,000/1.16 = $77,586
26
85While in the control procurements process, you are meeting with your seller to inspect the seller's progress in delivering the project scope and quality within cost and on schedule as specified in the contract. Your objective is to identify the performance progress or failures, noncompliance, and areas where performance is a problem. Which of the following are you performing? SELECT THE CORRECT ANSWER Performance reporting Procurement performance reviews Inspections and audits Claims administration
Correct Option:B EXPLANATION Procurement performance review is a structured review that consists of seller-prepared documentation, buyer inspection, and a quality audit of the seller's progress to deliver project scope and quality within cost and on schedule as compared to the contract. The objective is to identify performance progress or failures, noncompliance, and areas where performance is a problem. Inspections and audits are activities mainly focused on the product itself and its conformance to specifications. Performance reporting is an excellent tool that provides management with information about how effectively the seller is meeting contractual objectives. This report can produce earned values, schedule and cost performance index, trend analysis, etc.
27
86You are working for a cruise company as a project manager. Your company offers luxury tours to couples at a reasonable price. Currently, the company is considering adding more tours to a few other popular destinations during the holiday season in order to enhance traffic and profitability. Which risk response strategy are you using? SELECT THE CORRECT ANSWER Share Exploit Accept Enhance
Correct Option:D EXPLANATION The cruise company is using the enhance strategy to increase traffic and profitability. By influencing the underlying risk triggers, this strategy increases the size, probability, likelihood, and positive impact of an opportunity.
28
95An independent team from your organization has identified wasted steps that are not necessary for creating the product for your project. They have recommended a few actions for process improvement and have requested that some of the process documents be updated. Which of the following best describes what is being performed? SELECT THE CORRECT ANSWER They are performing manage quality activity. They are performing quality control activity. They are monitoring and controlling activities. They are directing and managing project work.
Correct Option:A EXPLANATION Perform manage quality is a process to determine if the project activities are complying with organizational and project policies, standards, processes, and procedures. This process is primarily concerned with overall process improvement and does not deal with inspecting the product for quality or measuring defects. The primary focus is on steadily improving the processes and activities undertaken to achieve quality.
29
``` 96Emotional Intelligence (EI) helps assess and understand the emotions of oneself and others so that conflicts are minimized. Besides, EI is used describe a key set of personal and interpersonal skills. What are the personal skills? SELECT THE CORRECT ANSWER ``` Self-awareness, Self actualization Self-Motivation, Self-Regulation, Self-actualization Self-awareness, Self-Regulation, Motivation Self-actualization, Motivation
Correct Option:C EXPLANATION EI recognizes the personal skills of Self-awareness, Self-Regulation, and Motivation.
30
97You have been managing a software application project to automate the accounting system for your client. Your team has completed work as specified in the contract statement of work. You get a call from the buyer that he is disappointed with the result, even though he admits that the project team has met the terms and conditions of the contract. In this situation, the contract is considered to be: SELECT THE CORRECT ANSWER Complete Waived Closed Null and Void
Correct Option:A EXPLANATION While the buyer may have had something they did not like, if the terms of the contract are complete, objectives are met, and the contract is complete. Anything else done for the customer would be service-related and would be outside the original scope.
31
98You are a Project Manager of a software project that has finished the design stage and is moving to the implementation stage. At the end of the design phase, you got the document reviewed and you tracked and closed the defect logs. Also, as part of the design stage review and kick-off for the implementation phase, you checked current SPI and CPI and revisited the risks. What did you forget to do? SELECT THE CORRECT ANSWER Identify new risks for the next stage and update risk register Take corrective and preventive actions from design review so that defects can be minimized Conduct an impact analysis of the defects found during the design review Communicate project-stage review findings to all the stakeholders
Correct Option:D EXPLANATION The Project Manager needs to communicate project progress to stakeholders at all the major milestones. Option (a) would have been addressed during revisiting the risk as part of kick off meeting, whereas Options (b) and (c) are not mandatory activities and may not be required in every project.
32
108During the execution of a project, one of the team members was found to be sharing sensitive information related to the project with unauthorized stakeholders, which is considered a violation of the code of conduct. What would be the best course of action a project manager can take? SELECT THE CORRECT ANSWER The Project Manager should assess the situation and terminate the team member. The Project Manager should assess the opportunities for remediation; based on the seriousness of the violation, action needs to be taken. The Project Manager should evaluate why the team member shared the information. The project manager should warn the team member and ensure this is not repeated.
Correct Option:B EXPLANATION The project manager must assess whether there is a scope for remediation, based on the seriousness of the violation.
33
110You have a signed contract with one of your major vendors. The vendor recently informed you that they can no longer deliver equipment on the agreed due date. This will cause a major disaster in your project since you will have to wait at least three months for the vendor to deliver the equipment. You know that there is another vendor who can deliver the equipment for a small increase in costs. What will be your best course of action? SELECT THE CORRECT ANSWER Sue the vendor Terminate the contract stating that it is for convenience Terminate the contract with the vendor for defaulting Give the vendor a time extension
Correct Option:C EXPLANATION A contract can be terminated for a convenience by the buyer. In this case, seller's failure to deliver the equipment on time will drastically impact the project. So, the contract can be terminated with the vendor for defaulting.
34
116Regular evaluation of the team performance is required to identify training requirements and evaluate training options. Which of the following is NOT a training option? SELECT THE CORRECT ANSWER Self-Paced Learning Document Reviews Virtual Instructor-led training Training gap analysis
Correct Option:D EXPLANATION Self-Paced Learning, Document Reviews, and Virtual Instructor-led training are all training options. Training gap analysis enables to identify the missing skills and capabilities.
35
119While reviewing a deliverable due today to the customer, you noticed a technical defect. Upon further inspection, you realize that even though the deliverable fails to meet the project quality standards, it fully satisfies the contractual requirements. You are aware that the customer does not have the domain knowledge and technical expertise to notice the defect. The team member responsible for this deliverable tells you that fixing the defect will be time consuming and superfluous. What is your best course of action? SELECT THE CORRECT ANSWER Contact the customer immediately and inform them that the deliverable will be late due to some unavoidable consequences Make sure that the issue is captured in the lessons learned so that future projects can benefit from this Have a discussion with the customer about the issue with the deliverable Do not mention anything and get formal acceptance from the customer
Correct Option:C EXPLANATION You should have a discussion with the customer about any issue with the deliverable so that a mutual solution can be identified. Capturing the issue in the lessons learned will not solve the current problem. Issuing the deliverable as is and getting the formal acceptance will not serve the best interests of the customer.
36
122While overseeing a web-based application project, you notice that one of the team members is extremely dedicated to the project and is a consistent overachiever. In order to appreciate her contribution to the project, you offer her a corner office where she can concentrate on her work without much interruption. This kind of reward is a: SELECT THE CORRECT ANSWER Perquisite Fringe benefit Special achievement award Bribe
Correct Option:A EXPLANATION Giving special rewards to some employees, such as assigned parking spaces, corner offices, and executive dining, are considered perquisites. Fringe benefits are the standard benefits formally given to all employees, such as education benefits, health insurance, and profit sharing.
37
130A project manager overseeing an age verification online tool is in the Control Procurements process of ensuring that the seller's performance meets contractual requirements, ensuring that both seller and buyer meet their contractual obligations, and ensuring that the legal rights of both the buyer and seller are protected. Which of the following tools and techniques is not used in this process? SELECT THE CORRECT ANSWER Claims administration Procurement performance review Inspection and audits Procurement negotiation
Correct Option:D EXPLANATION Procurement negotiation is a tool and technique in the Conduct Procurements process, not in the Control Procurements process
38
131Which of the following integration management processes is responsible for implementing process improvement activities? SELECT THE CORRECT ANSWER Direct and Manage Project Work Monitor and Control Project Work Develop Project Charter Perform Integrated Change Control
Correct Option:A EXPLANATION Process improvement activities, including corrective actions, preventive actions, and defect repairs, are implemented in the Direct and Manage Project Work process.
39
135A cost plus incentive fee (CPIF) contract has an estimated cost of $250,000 with a predetermined fee of $15,000. If the seller can save the buyer any money, the sharing ratio will be 75/25 (buyer/seller). The maximum fee is $24,000, and the minimum fee is $8,000. The actual cost of the project is $225,000. What will be the final fee for the seller and the total savings for the buyer? SELECT THE CORRECT ANSWER $21,250, $18,750 $15,000, $25,000 $25,000, $20,000 None of the above
Correct Option:A EXPLANATION Here target cost = $250,000, and actual cost = $225,000. Thus, savings = $250,000 - $225,000 = $25,000. Seller portion of savings is 25 % of $25,000 = $6,250. Buyer portion of savings is 75 % of $25,000 = $18,750. Final fee for seller is $15,000 - $6,250 = $21,250. Thus, total cost for the buyer is $225,000 + $21,250 = $246,250.
40
138Which of the following is NOT true about the goal and objective of a bidding conference? SELECT THE CORRECT ANSWER All questions are submitted in writing and issued to sellers as an addendum to the procurement document so that all sellers respond to the same scope of work. There is no collusion among sellers and/or buying agents. Sellers do not save questions for later private meetings in order to gain a competitive advantage. The seller who is best capable of performing the project work is selected.
Correct Option:D EXPLANATION A bidder conference is an open dialogue dealing with questions and clarifications around an RFP. Selecting a seller is done through an internal process after proposals are submitted to the RFP.
41
139In a negotiated cost plus incentive fee (SPIF) contract, the following figures were finalized: a target cost of $355,000, a target fee of $45,000, and a sharing ratio of 75/25. If the actual cost of the project is $390,000, what will be the final fee to the seller? SELECT THE CORRECT ANSWER 36250 8750 35000 45000
Correct Option:A EXPLANATION Actual cost is 390,000, Target cost is 355,000, Target fee is 45,000, and Savings is -35,000. Seller's share is -35,000*.25 = -8,750. The incentive fee is the -8,750. Therefore, the final fee should be -8750 + 45,000 = 36,250.
42
143Your team has estimated that there is a 40 percent probability of a delay in the receipt of required parts with an additional cost of $15,000 to the project. This delay will cost the company $20,000 in lost business. Upon further investigation, you identified that if an existing component could be adapted, it would save the project $10,500 in engineering costs. There is a 30 Percent probability that the team can take advantage of that opportunity. What is the total expected monetary value (EMV) of these two events? SELECT THE CORRECT ANSWER 10850 -10850 14000 3150
Correct Option:B EXPLANATION EMV is a form of decision tree analysis used to select the best of several alternative courses of action. Each decision note has an input based on the cost and its probability, which produces an output. In this case, one of the branches of the decision tree would be a 40% chance of an $15,000 in additional costs and a resultant loss of $20,000 in revenue, so the total impact would be .4 * (-$15,000 + -$20,000) = -$14,000 . The other branch for the new component has $10,500 in cost savings, so the net effect is $10,500 * .3 = $3,150. We add the -$14,000 and the $3,1,50 to get the Expected Monetary Value of both decision tree paths, which equals -$10,850
43
144You are overseeing a project to implement a payroll application and are currently in the Identify Risks process of identifying and documenting the projects risks. Which of the following information gathering techniques is NOT used in the Identify Risks process? SELECT THE CORRECT ANSWER Checklist analysis The Delphi technique Interviewing Brainstorming
Correct Option:B EXPLANATION Delphi technique is not used in identify risk process. Delphi technique is a secret balloting typically used while gathering information. This can be used before unanimity under the voting technique while collecting requirements.
44
148The cost of developing a product fix is related to which costs of quality category? SELECT THE CORRECT ANSWER A prevention cost An internal failure cost An appraisal cost An external failure cost
Correct Option:B EXPLANATION A product fix will require rework, and the cost associated with it will fall under the cost of nonconformance, that is, internal failure cost category.
45
151You have been assigned as a project manager for a project expected to last five months. The project has a budget of $450,000 and should be implemented in three different departments in your organization. While reviewing the status of the project after two months, you find that the project is 35 percent complete. Which of the following statements is TRUE about your project? SELECT THE CORRECT ANSWER Your project is on schedule. Your project is behind schedule. Your project is ahead of schedule. You cannot determine if your project is behind or ahead of schedule from the information given
Correct Option:B EXPLANATION The project is 5 months long, so you are scheduled to complete 20 percent of the work every month. We know PV=BAC*planned % complete After two months, the planned value (PV) should be $450,000*40% = $180,000 We know EV=BAC*actual % complete After two months, you completed 35% of the work, so the earned value (EV) is $450,000*35%=$157,500 We know SPI=EV/AC=157,000/180,000=.875
46
163What are the end results of the Plan Quality Management process? SELECT THE CORRECT ANSWER Quality control measurements, validated changes, and change request Quality management plan, quality metrics, and project document updates Quality management plan, quality checklist, and quality control measurements Work performance information, quality management plan, and process improvement plan
Correct Option:B EXPLANATION Plan Quality Management is the process of identifying all the relevant quality requirements, specifications, and standards for the project and product and specifying how the specifications will be met. Quality management plan, quality metrics, and project document updates are the outputs of this process.
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164While managing a project, you discovered that a few of your team members are not getting along. You also realized that three team members are not sure how to complete their deliverables. All of your team members are working together in the same building. You also have regular weekly meeting with all the team members in a single meeting room. Which technique will NOT be helpful in this situation? SELECT THE CORRECT ANSWER War room Training Reward and recognition Negotiation
Correct Option:A EXPLANATION Colocation/war room is a technique of placing many or all of the most active project team members in the same physical location to enhance their ability to perform as a team. Since all the team members are in the same building and having meetings in the same meeting room most of the time already, colocation is not a technique we should be considering in this case. Other techniques listed here will be beneficial to resolve conflict and concerns about deliverables.
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168You are overseeing the ERP implementation project that will cost the company $1 million and will take three years to complete. Six months into the project, higher management decides to terminate your project as it finds an off-the-shelf solution that can be implemented in three months at a fraction of the planned cost. What is the first thing you should do in a situation when your project no longer seems commercially viable for the company? SELECT THE CORRECT ANSWER Conduct scope verification Release the team immediately Document the lessons learned Have an urgent meeting with the sponsor to discuss the situation
Correct Option:A EXPLANATION A project can be terminated at any time due to a specific reason or convenience. The project manager should conduct a scope verification to measure the amount of completed work up to the cancellation. Other steps can be taken once the scope verification is completed and the project manager has the details of the current situation.
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169You are overseeing a software project to develop a new video console game. Which of the following statements is TRUE about your project? SELECT THE CORRECT ANSWER A phase will not start until the deliverables for the previous phase have been reviewed and approved. Your internal and external stakeholders will have the same level of influence throughout your project. Any scope change during the initial phase of the project will be very time consuming and expensive. You will be acquiring several team members during the executing phase.
Correct Option:D EXPLANATION Your project can move into a subsequent phase even if the deliverables of the prior phase are not completely approved. Any scope change in the initial stage will be the least expensive and consume the least amount of time. Stakeholder influence is highest at the start and diminishes as the project proceeds. You will mostly acquire your team members during the executing phase.
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172Your PMO stipulates that plurality support is the minimum level of support for any major decision in a project. You disagree with a block of supporters on a plan to purchase a piece of expensive equipment for your project. This block is larger than any other in your team even though it is only 45 percent of the total team. What should you do in this kind of situation? SELECT THE CORRECT ANSWER Have an urgent meeting with the sponsor Insist that any major decision should be supported by more than 50 percent of the team Do nothing as the PMO permits decisions to be made by a plurality rather than a majority Ask PMO to reevaluate their policy
Correct Option:C EXPLANATION Plurality is a group decision-making technique where a decision is based on the largest block in a group even if a majority is not achieved. As PMO permits plurality, you have no option but to agree with the largest block in a group. Asking PMO to reevaluate their policy will not resolve the problem immediately.
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174A control chart measures the results of processes over time, displays them in a graph format, and measures variances to determine whether process variances are in control or out of control. The upper and lower control limits are usually set as: SELECT THE CORRECT ANSWER +-6 Sigma - 99.99985 percent of the occurrences will fall within 6 sigma from the mean +-3 Sigma - 99.73 percent of the occurrences will fall within 3 sigma from the mean +-2 Sigma - 94.46 percent of the occurrences will fall within 2 sigma from the mean +-1 Sigma - 68.26 percent of the occurrences will fall within 1 sigma from the mean
Correct Option:B EXPLANATION Upper and lower control limits are usually set as +-3 Sigma. 97.73 percent of the occurrences will fall within 3 sigma from the mean.
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175The constant contribution by team members results in the continual delivery of the project outputs and outcomes that compliment project objectives. Which of the following are important for making team members more proficient? SELECT THE CORRECT ANSWER Coaching and Mentoring Collaboration and Controlling Training and Evaluation Communication and Controlling
Correct Option:A EXPLANATION Coaching and mentoring helps team members to become more proficient.
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177Workarounds, or unplanned responses to emerging risks that were previously unidentified or accepted, are determined during _______. SELECT THE CORRECT ANSWER Plan Risk Management process Monitor Risks process Plan Risk Responses process Perform Quantitative Risk Analysis process
Correct Option:B EXPLANATION The project must be in the Monitor Risks process if risks have occurred. Workarounds are unplanned responses developed to deal with the occurrence of unanticipated risk events that were not included in the risk register.