Test 5 Flashcards
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).
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.
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.
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.
29Common tools to track the performance of a team in AGILE include: (Choose two)
SELECT THE CORRECT ANSWER(S)
Scrum or Kanban board
Throughput
Project board
Blackboard
Correct Option:A, B
EXPLANATION
Common tools to track the performance of team in AGILE includes: Scrum or Kanban board and throughput.
42Business risks impact the project. Choose three business risks from the following:
SELECT THE CORRECT ANSWER(S)
Competitive
Scope related
Legislative
Operational
Correct Option:A, C, D
EXPLANATION
Competitive, legislative, and operational risks are the business risks that impact the pr
46Joe, the project manager, believes in empowering the team as a definite means to achieve performance. It was agreed that the team would decide on all issues through consensus. One of the team members brings to the notice of Joe that decisions are arriving very late and that is impacting the project. What should Joe do to correct the situation?
SELECT THE CORRECT ANSWER
Ask the team to re-create the team charter
Get into problem solving directly
Suggest the team to have timelines for resolution
Let the team decide
Correct Option:C
EXPLANATION
This is the best option since the problem should not recur.
54You and your team are finalizing the project’s scope statement. The scope statement contains: (Choose two)
SELECT THE CORRECT ANSWER(S)
Work, deliverables
Assumptions and constraints
Resources
WBS
Correct Option:A, B
EXPLANATION
Scope statement includes description of work, deliverables, assumptions and constraints.
65Your team is in the process of finalizing the type of contract for procurement. It is observed that the procurement statement of work is not precise and there are some constraints which do not permit further clarity in defining the statement of work. It is agreed amongst stakeholders that the team can go for a slightly open-ended and flexible arrangement with the seller. Which of the following contract types would be best suited?
SELECT THE CORRECT ANSWER
Fixed price incentive fee contracts
Cost plus fixed fee
Time and materials or T and M
Fixed price-EPA
Correct Option:C
EXPLANATION
Time and materials or T and M contract works best for flexible arrangements.
67You are starting a new space related project. A project charter has been created and handed over to you. What is the next step?
SELECT THE CORRECT ANSWER
Sign the charter for acceptance
Start planning
Identify stakeholders
Identify risks
Correct Option:C
EXPLANATION
The next step is to identify stakeholders in the project.
69One of your key stakeholders wants to review the product’s completion by comparing it against the requirements. Which document would you present to him?
SELECT THE CORRECT ANSWER
Project scope statement
Product requirements
WBS dictionary
Requirement traceability matrix
Correct Option:B
EXPLANATION
Completion of product scope is compared against product requirements.
87As a project manager, you are aware of the different stages of team formation as defined by Tuckman. Your team members are currently conversing with one another, attempting to understand the work and determining who will do what. Which stage is your team in now?
SELECT THE CORRECT ANSWER
Stage 2
Stage 1
Stage 5
Stage 4
Correct Option:A
EXPLANATION
The 5 stages are forming, storming, norming, performing, and adjourning. Now the team is in the second stage of storming.
95For what do quality audit findings become a good source? (Select all that apply)
SELECT THE CORRECT ANSWER(S)
Gaps and shortcomings
Validation of quality tools
Lessons learned
Effectiveness of audit team
Correct Option:A, C
EXPLANATION
A quality audit identifies the gaps and shortcomings for improvement. They also become a good source of lessons learned.
102What technique is used to consolidate ideas, created through individual brainstorming sessions, into a single map to reflect commonality and differences in understanding, and to generate new ideas?
SELECT THE CORRECT ANSWER
Decision tree analysis
Mind mapping
Affinity diagram
SWOT analysis
Correct Option:B
EXPLANATION
It is the data representation technique for understanding the requirements into a single map to reflect commonality and differences in understanding and to generate new ideas.
109…………….. is an approach to improving business results through an emphasis on customer satisfaction, employee development, and processes rather than functions.
SELECT THE CORRECT ANSWER
Six Sigma
TQM
Lean Six Sigma
Kaizen
Correct Option:B
EXPLANATION
Total quality management is an approach to improve customer satisfaction by managing the quality processes and people involved in a better manner across the organization.
110The advantage of the Minimum Business Increment (MBI) is all of the following, except
SELECT THE CORRECT ANSWER
Enable team to deliver value sooner
Validate if improvement has taken place
Helps business grow
Provides the building block for the team to proceed further
Correct Option:C
EXPLANATION
MBI does not help the business to grow.
112What is the key attribute of continuous improvement?
SELECT THE CORRECT ANSWER
Lowering costs
Minimizing changes to product or service
Improving stakeholder support
Better designing of product
Correct Option:D
EXPLANATION
Better design of products is the key attribute of continuous improvement measures.
113The key elements of a communication management plan include all of the following, except
SELECT THE CORRECT ANSWER
List of stakeholders
Frequency of communication
Method of communication
Risks in communication
Correct Option:D
EXPLANATION
The risks are captured in the risk register.
117The true test of effective training is demonstrated by ………………
SELECT THE CORRECT ANSWER
Increase in efforts
Increase in documentation
Increase in skill on the job
Increase in team bonding
Correct Option:C
EXPLANATION
An increase in skills on the job signifies productivity. Hence, this is the real measure of the effectiveness of training.
119As a project manager, you have identified the root cause of a quality problem and have identified the corrective action required. A change request is initiated and approved. Next you update the project plan to reflect the changes. What is the next step?
SELECT THE CORRECT ANSWER
Document the causes of the variances and the steps taken to correct them
Prepare a report
Inform the customer
None of the above
Correct Option:A
EXPLANATION
The changes made have to be updated in the plan along with the causes identified.
123You, as a project manager, are looking into defining an approach for subsequent releases by looking into availability of a set of features, time adherence for release and organizational tolerance for changes. What are you into?
SELECT THE CORRECT ANSWER
Configuration management
Product scoping
Release management
Tolerance definition
Correct Option:C
EXPLANATION
Planning for subsequent releases is referred to as release management.
125Name the systematic approach that is used to estimate the strengths and weaknesses of alternatives and to determine options which provide the best approach to achieve benefits while preserving savings.
SELECT THE CORRECT ANSWER
Root cause analysis
Benefit cost analysis
Data analysis
What-if analysis
Correct Option:B
EXPLANATION
Benefit cost analysis helps to analyze the alternatives and provides benefits while preserving savings.
129The objective of an AB Testing experiment is to
SELECT THE CORRECT ANSWER
Obtain trust of the customer
Ensure willingness of sponsor to invest
Enhance customer delight
Optimize the solution to the customer
Correct Option:D
EXPLANATION
AB Testing provides insight into a customer’s preference for one solution over the other.
