Test 5.2 Flashcards by Peter Voronak

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.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

26
In Agile projects, teams use a ceremony to communicate and address impediments slowing down the progress of work. This ceremony is called:
SELECT THE CORRECT ANSWER

Retrospective

Scrum facilitation

Daily stand-ups

Sprint review

Correct Option:C

EXPLANATION

A daily stand-up meeting with the scrum team is a daily routine which serves as a communication platform for the team to address blocks and impediments.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

34Changes to external and internal environmental factors can affect the project and its outcomes. A framework used to analyze the external factors impacting the project is:
SELECT THE CORRECT ANSWER

Business complexity

Competitive strategies

PESTLE

SMART

Correct Option:C

EXPLANATION

PESTLE (stands for Political, Economic, Social, Technological, and Environmental) is used to analyze the external factors which impact the project.

How well did you know this?

Not at all

Perfectly

37The famous Quality Trilogy is attributed to:
SELECT THE CORRECT ANSWER

Peter Drucker

Joseph Juran

Philip Crosby

Edward Deming

Correct Option:B

EXPLANATION

The Juran trilogy gives the concept of quality management with its underlying three universal processes of quality planning, quality control, and quality improvement.

How well did you know this?

Not at all

Perfectly

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

How well did you know this?

Not at all

Perfectly

52You are in the process of defining the scope of the product that will be delivered as the final output of the project. You are analyzing the product in terms of characteristics and using all relevant aspects of the product to better understand it. What kind of tool are you using?
SELECT THE CORRECT ANSWER

Scope verification

Value analysis

Requirement analysis

Product analysis

Correct Option:D

EXPLANATION

Product analysis is thorough analysis of the features for better understanding.

How well did you know this?

Not at all

Perfectly

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.

Project Goals & Objectives
Project Requirements
Project Scope Description
Project Exclusions
Project Constraints
Project Assumptions
Project Deliverables

How well did you know this?

Not at all

Perfectly

58A team member is working on identifying areas for improvement in the project. He wants to know how to go about it. Which of the following would be a good source to start with?
SELECT THE CORRECT ANSWER(S)

Historical lesson learned

Sprint review

Demonstration

Meetings

Correct Option:A, D

EXPLANATION

Lessons learned from previous projects are a good starting point to identify areas for improvement. Then you look at lessons from retrospectives in this project.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

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.

How well did you know this?

Not at all

Perfectly

78Your vendor is not performing up to your expectations. You have called him and warned him. Despite your warnings, his supplies are erratic. You decide to terminate the contract. What would you do next?
SELECT THE CORRECT ANSWER

Refer to provisions in the contract for termination

Consult legal team

Go ahead with termination

Give him another chance, because if you change him, a lot of time will be wasted in finding a new one.

Correct Option:A

EXPLANATION

Termination for convenience is a clause found generally in most contracts and can be invoked by the purchaser at any time.

How well did you know this?

Not at all

Perfectly

86For a new project, PMO has prepared the business case and benefit management plan. While reviewing the documents, you find that an important element is missing in the business case. What does a business case document typically contain? (Choose two)
SELECT THE CORRECT ANSWER(S)

Economic feasibility

Benefits realization timescale

Benefit maximization

List of beneficiary stakeholders

Correct Option:A, B

EXPLANATION

The time frame in which the benefit is expected.

94You are about to close a project when one of your team members comes to you and informs you that the project is not complying with one of the government regulations. You verify the details and find that it is true. What should you do next?
SELECT THE CORRECT ANSWER

Initiate compliance measures

Explore if it can be by-passed

Do nothing

Update compliance management plan

Correct Option:A

EXPLANATION

The next immediate action is to initiate compliance measures. Updating the plan comes after that.

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.

99Your team consists of members from diverse cultures and backgrounds. You want to ensure members are well engaged. Which of the following will be critical factors for your consideration? (Choose all that apply.)
SELECT THE CORRECT ANSWER(S)

Motivation levels

Working styles

Rewards and recognition

Task allocation

Correct Option:A, B

EXPLANATION

Motivation and working styles will be critical factors when you handle a team with diverse cultures. There are multiple factors that affect this scenario, but these four are the most important.

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.

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.

115Which formula is used to calculate Estimate to Complete (ETC)? SELECT THE CORRECT ANSWER AC+BAC AC+EAC BAC-EV BAC or CPI

Correct Option:B EXPLANATION Estimate to complete is calculated by adding AC to the revised budget EAC.

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.

121The need of an individual for achievement, affiliation, and power drives his or her motivation. This theory was given by SELECT THE CORRECT ANSWER Victor Vroom Maslow Herzberg Mcclelland

Correct Option:D EXPLANATION Mcclelland's theory talks about needs for achievement, affiliation and power driving the motivation.

122The purpose is to focus on completing whole user stories in each sprint and verify that the capability is "potentially shippable." What is being referred to here? SELECT THE CORRECT ANSWER Retrospective Customer meeting Sprint review or demo Kick-off meeting

Correct Option:C EXPLANATION At the end of every sprint, a demo is conducted with the customer, and feedback is obtained to validate what has been done.

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.

143You are developing a web portal. You are about to begin work on a work package, but before starting, you want to check the acceptance criteria. Out of the following documents, which will give you the required detail? SELECT THE CORRECT ANSWER WBS dictionary Requirements documentation Assumptions log Terms of reference

Correct Option:A EXPLANATION The WBS dictionary contains details on acceptance criteria, assumptions, and constraints.

144You are managing an agile team, and it requires close interaction and collaboration. Which ceremony may be most useful for this? SELECT THE CORRECT ANSWER Retrospective Kanban board Daily stand-ups Sprint review or demo

Correct Option:C EXPLANATION Daily stand-up meetings ensure that communication and collaboration happens regularly.

148The components of Mckinsey's 7S model for organizational change include all of the following, except SELECT THE CORRECT ANSWER Strategy Solution Shared values Structure

Correct Option:B EXPLANATION 7S includes strategy, structure, systems, shared values, skills, style, and staff.

158What is a formal or informal approach to eliciting information from stakeholders by talking with them directly known as? SELECT THE CORRECT ANSWER Meeting Brainstorming Decision-making Interviewing

Correct Option:D EXPLANATION Interviews are face-to-face meetings with the stakeholders to collect information and derive an understanding of the requirements.

162Which of the following is NOT a guideline for conducting retrospectives? SELECT THE CORRECT ANSWER Preparing for areas of focus Having a moderator Finding faults Arriving at a consensus on areas for improvement

Correct Option:C EXPLANATION Retrospectives are not used to find faults but to identify areas for improvement for the next sprint.

166What purpose does challenging the status quo this serve? SELECT THE CORRECT ANSWER Helps the manager divide and rule the team Brings fresh perspectives Makes team members think it doesn't serve any purpose

Correct Option:B EXPLANATION Encouraging team members to challenge the status quo brings fresh perspectives and out-of-the-box thinking that can lead to a beneficial solution for the project.

174Social skills are necessary for the project manager and all team members. Social skills include all of the following except: SELECT THE CORRECT ANSWER Communication Leadership Empathy Building bonds

Correct Option:C EXPLANATION Empathy is an interpersonal skills and not a social skill.

175Emotional Intelligence includes personal and interpersonal skills. What does personal skills include? (Select all options that apply) SELECT THE CORRECT ANSWER(S) Motivation Empathy Self awareness Considerate

Correct Option:A, C EXPLANATION Self awareness and motivation are personal skills. Ohľaduplný

176Being accountable for goals and well-ordered, satisfying obligations, and having a meticulous approach to work are all examples of being: SELECT THE CORRECT ANSWER Disciplined Good mannered Kind Conscientious

Correct Option:D EXPLANATION Being accountable for goals and well-ordered, satisfying obligations, and having a meticulous approach to work are all examples of being conscientious. This is an attribute of self-regulation that leads emotional intelligence. svedomitý

177Which of the following is an important element of the project management plan that keeps the business in mind? SELECT THE CORRECT ANSWER Change management plan Compliance management plan Configuration management plan Business management plan

Correct Option:B EXPLANATION The compliance management plan contains the compliances required for the project and keeps the business in mind.