Test 5.2 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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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
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.
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.
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.
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.
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.
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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.
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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.
