The project manager will update the project plan

c. Stakeholder satisfaction

d. Project teamwork

- Audit the project

- Execute the project

d. Project scheduling

4. What is a group of related projects called?

5. PMOK, Fifth Edition 2013, succinctly defines project management as the application of certain competencies. Which set of competencies are part of this definition?

a. Planning, communicating, organizing, executing

a. A freight company moves products from one point to another

b. An airline company provides transportation services

b. This approach ensures that resources are shared efficiently based on current needs

c. This approach ensures that there is always enough work to keep subject matter experts busy

c. Strong matrix organizational structure

d. Functional (departmentalized) organizational structure

d. Project teams will report favorable variances against their approved baselines for scope, time and cost

10. Regardless of the organizational structure used to manage a project, an organization elects to use a project management office (PMO). Which benefit will this organization gain?

11. What do the project phases (defining, planning, executing, and closing) help project managers conceptualize?

a. The project customer’s financial status

Choose 2 answers

- The project is behind schedule

13. Which two are necessary to consider the project execution stage complete?

Choose 2 answers

- All of the promised deliverables have been produced

14. Which project phase includes the development of the project proposal?

15. For a home construction project, the project manager has determined that some deliverables in the work breakdown structure (WBS) do not belong as deliverables because their scopes (although necessary) are subordinates to the other listed descriptions. Therefore, the project manager will determine will demote the subordinate descriptions to a lower level in the WBS hierarchy. Which three of the descriptions in the WBS should be demoted?

Choose 3 answers

- Shrubbery and flowers

- Grass seed and fertilizer products

b. Rename only WBS item 5.0 even if doing so reduces its relevance to the baselines

c. Clearly establish the context by adding a uniform label, such as “Phase,” to WBS items 2.0 thru 6.0

c. The project plan needs to remain unchanged, so the project manager should reject the essential scope change to avoid incurring contractual penalties because of a delay

d. The change in scope is funded in the contingency allowance, so the project manager should accept the variances in baselines for scope, time and cost

3. Collected requirements were not evaluated for causing or adding value to the deliverable

4. Crashing the project’s scope reduced the value of conformance work

c. Scope decreases because shortcuts are taken to avoid extra costs

d. Scope increases because more resources are being paid overtime costs

d. Resources

21. A project is running behind schedule. The project manager decides to compress its remaining schedule by allowing some activities to be fast tracked. Which triple constraints are affected by this

d. Cost and price

22. In project C, all of the authorized scope was focused on doing research to identify the feasible approaches for meeting a new business requirement. The project team was given a not-to-exceed budget of $2million and a fixed project completion date of September 30, 2016, but the project is running behind schedule. Which triple constraint can the project team adjust to complete the project on schedule?

23. A leader has begun the evaluation and prioritization of three projects. Which characteristic is being used as the criterion to select a model?

a. Easy to use

a. Low cost

b. Capable

- Questions ask whether an attribute exists or does not exists

- The questions may exhibit biases of each team member

2. To calculate what money is worth today compared to the future

3. To calculate the time required to earn back the cost of a project

c. The value of what you are giving up when you select one of two project

d. The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less than a dollar

d. The value of what you are giving up when you select one of two project

29. The owner of a small distribution company is considering several potential projects to improve the organization’s performance. The potential projects cover a wide range of operational and strategic issues. The owner has decided to analyze the potential projects based on the answers to a single set of questions. Which type of project selection model is the owner using?

30. Which activity is accomplished as part of the executing process of a project?

a. Verifying that the final deliverables meet the required scope

a. Paying the outstanding vendor invoices

b. Finalizing the project scope

b. Acquiring project team members

c. Paying the outstanding vendor invoices

c. Returning excess material and supplies

d. Reporting project performance

d. Archiving the projects documents

35. Which activity is accomplished as part of the monitoring and controlling process?

36. Which activity is accomplished during the closing process of a project?

a. Monitoring the budget

What information does this resource histogram display that is important during the planning phase of the project?

38. Which tool would a project team use to establish precedence relationships for the activity list of each work package identified in the work breakdown structure (WBS)?

a. Resource breakdown structure (RBS)

a. Organizational breakdown structure (OBS)

b. Work breakdown structure (WBS)

Which task is logical to add below the visual design activity?

a. 1.2.1 Website mock-up or prototype

The project sponsor asks for deliverables to be added to the WBS related to programming the new site and training users on the intranet after it is completed. Which item from the current draft is at the same WBS level that the new items will be added?

42. A large software project at Acme, Inc. is in the planning stages. A contractor will be responsible for all programming and Acme has stipulated that the contractor will be responsible for correcting any errors in the code. How is Acme addressing the risk?

a. Risk Avoidance

a. Install lighting, signs and handrails to decrease the probability of a fall

b. Requires guests to sign a non-liability form

b. Agree to a cost-plus contract with the Accounting firm

c. Agree to a fixed-price contract with the Accounting firm

c. Maintain a backup file housed in a standby computer

d. Instruct the computer programmer to arrive on time

c. Network diagram

d. Project charter

d. Fishbone

48. A project is moving from the initiation phase to the planning phase. A set budget has been given by management for the whole project. Which estimation technique is used at this point?

49. A project team is gathered together to begin the planning process for a large office building. It is discussing estimates of each activity in the schedule. For the foundation work, the team is speaking with three in-house construction managers to get and compare their estimates. What estimating technique is being used?

a. Three-point

a. Parametric

b. Three-point

b. 4

c. 10

c. 4

d. 5

d. High risk (HR), low risk (LR), probable risk (PR)

e. Optimistic (O), pessimistic (P), most likely (M)

d.

55. A company specializes in high quality home improvement and remodels. The project for a living room consists of six primary tasks. As soon as the demolition is completed, the floor installation and electrical work can begin. The cabinet installers and painters can start their work after the electrical work is completed. Finally, the interior decorations can finish up the project after the paint has dried. Which Gantt chart correctly represents this living room remodeling project?

What is the critical path of this network diagram?

57.

d. 1 – 2 – 5 – 6 – 8

58. A project manager is working on a large two-year IT project. At the end of the first year, the project is two months behind schedule because the interface programming is taking longer than planned. The sponsor will not extend the deadline or reduce the scope. However, the sponsor is willing to increase the budget. Which schedule compression technique can this project manager use?

59. A project manager is working on a large two-year IT project. At the end of the first year, the project is two months behind schedule because the interface programming is taking longer than planned. The sponsors will not extend the deadline or reduce the scope. What is the risk if the project manager compresses the schedule to meet the project deadline?

a. Use of fewer resources

a. Preparing for the change

b. Managing the change

2. Establish a change request form and a change log

3. Inflate the price charged for making a change

b. Using the Theory X style of management

c. Following the quality control plan

2. The audit will identify problems that can be corrected before additional costs are incurred

3. The audit will interview stakeholders to identify those who cause schedule delays

64. A city is adding a new community park on a piece of donated land. The project’s baseline schedule and budget calendar is shown below. Week 3 of the project has just ended, and the project manager (PM) wants to perform an earned value management (EVM) analysis.

d. $79,500

65. A landlord of a local shopping center has decided to add space to one end of her building to accommodate an additional tenant. The project’s baseline schedule and budget calendar is shown below. Week 3 of the project has just ended, and the project manager (PM) wants to perform an earned value management (EVM) analysis.

c. $3,000

d. $5,500

d. When schedule variance is more than cost variance

67. What is the documentation that provides assurance that products or services have been on time and as ordered?

68. What are two purposes of project closeout?

Choose 2 answers

- To ensure completion of the project

69. The customer of a project validates that the scope has been completed for all of the required procurements. Which closure practice does this describe?

70. A project manager sent a survey to all internal and external stakeholders to obtain lessons learned on the just-closed project. There were four questions on the survey. The first two questions on the survey were (1) “Were risks identified and mitigated, and if not, why?” and (2) “Was the schedule met, and if not, why?” Which two additional questions would have been appropriate to include in the survey as part of a lesson learning review? Choose 2 answers

- Which team member made the most errors and why?

71. To the team’s surprise, the tasks on the critical path are taking less time than scheduled. It now appears that the project completion will occur much earlier than the expected completion date. What is the impact on the schedule?

a. The project will finish early, and there is a negative schedule variance

Assume that the tasks and sub-task in the work breakdown structure are all dependent from task I through task VII and move in sequence from left to right and top to bottom. Which sub-task would be delayed if sub-task Develop Transfer Methodology was delayed?

73. A project team member was working with a financial technician on the tasks they would need to perform in an upcoming project. The team member is using the triangular distribution technique and three distinct time estimates are used. What are the names of these three estimates?

a. The abbreviated, the pessimistic, and the common estimate

a. Apportionment

b. Ratio method

b. There will be a cost variance

c. Additional resources will be assigned

c. External

d. Technical

d. Contingency reserves