Test 5 Flashcards
1.
You are managing a project which has a lot of uncertainties involved. Which approach would be best suited for managing this project?
SELECT THE CORRECT ANSWER
Predictive
Iterative
Incremental
Agile
Correct Option:D
EXPLANATION
Agile is the best option. Since the project involves uncertainty, rapid iterations and weekly releases may be required to manage the changes. Agile is basically iterative and incremental in approach, and is built on that. Hence, Agile is the most appropriate answer.
2.
What is the most significant evident outcome you can expect when your team members are empowered?
SELECT THE CORRECT ANSWER
Humility
Leadership
High buy-in and trust
Conflict
Correct Option:C
EXPLANATION
An empowered team always has a better buy-in and displays high levels of trust.
3Team members who have deep knowledge and skills in one area might have general skills in other areas. They are known as ‘Generalizing Specialists’. The term used to refer to this type of skill is:
SELECT THE CORRECT ANSWER
Experts skill
T-Shaped skill
General skill
Extraordinary skill
Correct Option:B
EXPLANATION
T-shaped skill is used to indicate depth in one area and a horizontal spread of knowledge in some other areas.
4
A project involves multi-functional stakeholders collaborating closely on a particular deliverable. As a project manager, what is the best way to ensure that all stakeholders are aware of the changes that may impact them?
SELECT THE CORRECT ANSWER
Talk to them after the change is implemented
Send emails and reports communicating the change
Make the respective managers part of the change control board
Ask your team to communicate to them
Correct Option:C
EXPLANATION
As a project manager, when you make the respective functional managers part of the change control board or CCB, it becomes an effective way for them to analyze and understand the impact of the change.
5
As a project manager, you are midway through the project. You want to measure the progress by comparing actual performance with planned baselines. Which of the following will be most useful?
SELECT THE CORRECT ANSWER
Decision tree
Scatter diagram
Earned value analysis
Value stream mapping
Correct Option:C
EXPLANATION
Earned Value Analysis or EVA helps track the performance with respect to cost and schedule. A decision tree is used in risk management, while a scatter diagram is used to correlate the relationship between two variables in quality management.
6
As part of project planning, you refer to organizational practice and defined tolerance limits. Which of the following includes the key areas where tolerance limits are set?
SELECT THE CORRECT ANSWER
Quality, budget
Budget, time, quality, and non-functional requirements
Budget, time, and quality
Scope, schedule, and cost
Correct Option:B
EXPLANATION
Besides setting a tolerance limit for budget, quality, and time, you also need to define acceptable limits for deviations (non-compliances) for non-functional requirements. This will help you as a project manager to move forward swiftly with minimal escalations.
7
Tracking compliance information, including the proof of validation for each deliverable, is generally done as part of:
SELECT THE CORRECT ANSWER
Scope management
Stakeholder management
Risk management
Configuration management
Correct Option:D
EXPLANATION
One of the key attributes to be tracked is compliance of a deliverable with a defined requirement. Tracking the proof for validation of the compliance of the deliverable is done as part of configuration management (although it might sound like compliance management).
8
A document that contains details of how you will approach, structure and manage risks in a project is called:
SELECT THE CORRECT ANSWER
Risk management plan
Compliance management plan
Mitigation plan
Project strategy document
Correct Option:A
EXPLANATION
This is one of the important plans which is part of the project management plan.
9
A risk breakdown structure is created as part of:
SELECT THE CORRECT ANSWER
Risk qualitative analysis
Risk identification and categorization
Risk response
Risk ownership
Correct Option:B
EXPLANATION
Once the risks are identified, they are categorized based on the source, like external, internal, technical, and project management. This gives the risk breakdown structure.
10
The document that captures how the team would norm, perform and resolve conflicts among themselves is:
SELECT THE CORRECT ANSWER
Project charter
Resource calendar
Team charter
Team plan
Correct Option:C
EXPLANATION
Team charter captures how the team will operate and work together, including how conflicts will be resolved among themselves.
11Which of the following best describes a stakeholder?
SELECT THE CORRECT ANSWER
An individual who is interested in the project
An individual or group of individuals or an organization that impacts or is impacted by the project
Anyone who is watching the project
Anybody working on the project
Correct Option:B
EXPLANATION
Stakeholder is an individual or group of individuals or an organization that impacts or is impacted by the project.
12Conflicts are inevitable in projects, but when managed well, they can create opportunities. What is the best way to deal with a conflict?
SELECT THE CORRECT ANSWER
Stay away and let the team decide
Facilitate collaboration
Take disciplinary action against individuals
Have informal dialogue with conflicting individuals
Correct Option:B
EXPLANATION
Conflict management is a skill and the option depends on the situation. However, the solution arrived through collaboration has long-lasting results and is generally recommended.
13A document that is normally prepared before the business case and expresses what needs to be produced or what is the goal of the project is called:
SELECT THE CORRECT ANSWER
Business needs document
Business case
Customer requirements document
Requirements documentation
Correct Option:A
EXPLANATION
The business needs document captures the goal of the project product or service what needs to be created.
14You are assigned a construction project which involves constructing a multi-storeyed mall in your city. When you analyze the historical data of your organization, you come across many useful data of similar projects that have been successfully executed and delivered in the past, which gives you confidence. Which of the following approaches is best suited?
SELECT THE CORRECT ANSWER
Agile
Hybrid
Incremental
Predictive
Correct Option:D
EXPLANATION
Where you have sufficient expertise, a predictive or waterfall approach can be best suited.
15The data analysis technique used to identify different ways of collecting requirements to elaborate on project and product scope is called:
SELECT THE CORRECT ANSWER
Design of experiments
Iterative gathering
Alternative analysis
Brainstorming
Correct Option:C
EXPLANATION
Alternative analysis is the evaluation of various ways in which requirements can be collected from stakeholders, and this can have an impact on the scope management plan.
16SMART acronym is used while defining KPIs. While generally the ‘R’ in the acronym stands for ‘Realistic’, in the context of project management it denotes:
SELECT THE CORRECT ANSWER
Real time
Recurring
Relevant
Reasonable
Correct Option:C
EXPLANATION
The target needs to be relevant in the context of the larger objectives and critical success factors.
17You have just been handed over a project charter. You are assessing the project needs, magnitude and complexity. You find that the project needs a mix of resources and experience levels. You also observe that some new methods or techniques need to be used specific to the project. Which among the following project management approaches will be suitable?
SELECT THE CORRECT ANSWER
Plan driven
Iterative
Agile
Hybrid
Correct Option:D
EXPLANATION
Since some new methods or techniques are to be used, a hybrid approach, which is a mix of predictive and adaptive, can be used.
18You are in the process of assessing the performance of your team productivity. You want to use the data to predict the output for future iterations as well. The tool that is generally used for this is:
SELECT THE CORRECT ANSWER
Velocity
RACI matrix
Throughput
Kanban
Correct Option:A
EXPLANATION
It is the sum of the story point sizes for the features actually completed in an iteration. This allows the team to plan its next capacity more accurately by looking at its historical performance.
19Mind Mapping and Affinity Diagram are examples of:
SELECT THE CORRECT ANSWER
Techniques for data consolidation
Techniques for data gathering
Techniques for data elicitation
Techniques for data representation
Correct Option:D
EXPLANATION
Mind mapping and affinity diagram are examples of techniques for data representation.
20Which leadership style integrates well into the Agile mindset?
SELECT THE CORRECT ANSWER
Transactional
Transformational
Servant leadership
Laissez-faire
Correct Option:C
EXPLANATION
Servant leadership integrates well since Agile believes in empowering the team and helping them self-organize.
21Which of the following is effective in measuring project compliance with quality? (Choose two)
SELECT THE CORRECT ANSWER(S)
Using QA outputs to confirm deliverable compliance
Risk analysis
Issue resolution
Sign-off and approval from stakeholders
Correct Option:A, D
EXPLANATION
Both QA outputs to confirm deliverable compliance and Sign-off and approval from stakeholders are effective in measuring project compliance with quality.
22Continuous improvement framework is associated with:
SELECT THE CORRECT ANSWER
William Smith Jr.
Joseph Juran
Edward Deming
Philip Crosby
Correct Option:C
EXPLANATION
PDCA-Plan, Do, Check, Act, also known as Deming’s cycle, was first given by Deming, which is a framework used for continuous improvement.
23Which of the following tools help you identify quality issues in the project? (Choose two)
SELECT THE CORRECT ANSWER(S)
Audits
Histograms
Design thinking
Control charts
Correct Option:A, D
EXPLANATION
Control charts will help in analyzing the process control and potential issues.
24Henry is the project manager who is in the process of understanding the requirements. He is going through the available Business and Marketing plan, service agreements, and process diagrams. What technique is he using?
SELECT THE CORRECT ANSWER
Requirements mapping
Document analysis
Traceability matrix
Brainstorming
Correct Option:B
EXPLANATION
A technique where the existing available documents are gone through to generate more understanding about the project’s requirements.