Which of the following statements is TRUE regarding various Activity Scheduling tools?
You are project manger of an existing project. You have been with your company for several years but not in the area where this project is occurring. A Project Management Plan is in place. The project has not exceeded many baseline change thresholds. The customer is not happy with the status of the project. Which of the following is the BEST initial action?
Which of the following must be measured regularly to identify variances from the plan.
In which type of organization the team building is likely to be most difficult?
Complete final contract performance reporting and verify product is done in _______.
If a project has an 80% chance of having the scope defined by a certain date and a 70% chance of obtaining approval for the scope by a certain date, what is the probability of both events occurring?
Completion of the _____________ scope is measured against the project management plan.
Which of the following is NOT a tool or technique used during the Perform quantitative risk analysis Process?
The ability of a product to be used for different purposes at different capacities and under different conditions determines its __________.
Team motivation, problem resolution, and space verification occur during which process?
You are the controller on your project. Your project manager has requested that you provide him with a forecast of project costs for the next 12 months. He needs this information to determine if the budget should be increased or decreased on this major construction project. In addition to the usual information sources, which of the following should you also consider?
To shorten project duration, resources have been added to tasks on the critical path. The plan should then be reviewed for the __________.
During the execution phase, a resource is added to the project team. What effect will this have on the project?
The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is _________.
How much time does a typical project manager spend communicating both formally and informally?
Which of the following subsidiary plan contains the quality objectives for the project?
A unilateral contract under which the seller is paid a preset amount per unit of service is called _________.
A leadership style in which the project manager shares problems with team members and formulates solutions as a group is called _________.
An activity that consumes no time or resource and shows only that a dependency exists between two activities is called:
Knowledge of best practices in a particular area is most likely to give rise to which of the following dependencies:
Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on source selection?
A tool that analyzes the inputs to a process to identify the causes of errors is called ______________________.
Project risk is defined as the cumulative effect of chances of ________ which will adversely affect project objectives.
The practice of ceasing mass inspections and ending awards based on price is credited to _____________.
A technique for resolving conflict in which the parties agree to have a neutral third party hear the dispute and make a decision is called ____________.
Which of the following technique to identify the underlying cause of a problem and take steps to prevent further occurrence?
You are creating your WBS and keep decomposing tasks into smaller units. How can you tell when you are done?
You are in charge of developing a new product for a bank. Your quality metrics are based on the 80th percentile of each of the last three products developed. This is an example of:
During the execution of a software project, the vendor proposes an upgrade of a part of project without a change in the schedule or cost. After the change is approved, where would this change BEST be documented?
___________ is a group of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.
The adjustment of task schedules in order to deploy human resource more effectively is called resource _______.
Identification of Mandatory Dependencies is done during which of the following process:
With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
You are a project manager of a company. You are taking over a project during the planning process, and you discovered that many individuals have signed the project charter. Which of the following should be areas of concern for you?
The amount of time that an activity can be delayed from its early start without delaying the project end date is called:
Which of the following Enterprise Environmental factors are not the inputs for the Develop Human Resource Plan process:
Which of the following relationship is used in the Arrow Diagramming Method [ADM] :
A modification of a logical relationship that allows an acceleration of the successor task is represented by:
A major assumption of all network scheduling methods is that the activity duration must be _____.
Which of the following includes the process required to ensure that the project includes all the work required, and only the work required, to complete a project successfully.
Which of the following is a common characteristic of most project life cycle descriptions?
You are project manager and the monthly report to the client showed zero schedule variance. However, member of the team know that a milestone has been missed which will cause an overall delay to the project. Which one of the following is being inadequately reported?
Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
During ___________ project management process, stakeholder's ability to influence project results is high?
Mathematical models using linear, dynamic, integer, or algorithm models are considered
All of the statements regarding control accounts and planning packages are true EXCEPT:
Which of the following statements are FALSE about cost reimbursable contracts?
Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:
You are in process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the least helpful input?
What type of organizational structure usually experiences the MOST team nervousness at project close-out?
Which of the following conflict resolution approaches is likely to lead to the MOST long-lasting solutions?
After preparing a probability distribution of cost outcomes for a project, the estimate with a 20% probability of being exceeded is approximately one standard deviation:
You have a piece of equipment that was purchased for your ptoject recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?
In project planning, which one of the following is the LEAST applicable to the resource assignment matrix?
You are project manager of a project. A customer requests a scope change in the project . In order to determine the impact of the requested change, you will need a work breakdown structure, change request, scope management plan, and:
To determine the impact of a change that has occurred, which of the following should be taken?
___________ is a group of processes required to purchase or acquire products, services, or results needed outside the project team to perform the work.
In the arrow diagramming method, which of the following requires an expenditure of the resources?
You are a project manager for a manufacturing firm . You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem?
Which process involves coordinating people and other resources to carry out a plan?
The MOST important selection criterion to select a project manager for a large project in a technical industry is:
Complete final contract performance reporting and verify product is done in _______.
Collect Requirements includes alternatives identification, which can be conducted by the common technique of
A is the correct answer. Trend analysis is a tool and technique used in Monitor and Control Risks.
The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order:
The party that needs the change resulting from the project, and who will be its custodian on completion is the _______.
You are the project manager of a project. The project plan has been developed. A project end date has been established. The customer later requesters additional work to be included in the project, but will not renegotiate the end date. Cost is not a factor. What should the project team do immediately?
A technique for resolving conflict in which the parties agree to have a neutral third party hear the dispute and make a decision is called __________.
How many communication channels will be required in a project in which 5 individual are participating?
Who has the responsibility for informing the final deliverable to all stakeholders?
Which process must occur after a project manager has been assigned to the project?
Which type of network diagram is also referred to activity-on-arrow (AOA) diagrams?
You are project manager of a project. During the process of selecting the sellers, you reject one vendor because it doesn't have the manufacturing capability. This is an example of which selection tool?
A document which describes how project scope will be managed and how scope changes will be integrated into the project is: (choose the best answer)
Which of the following is not a part of the project cost baseline but is included in the project budget?
Which is the Estimate Costs technique used most frequently in the early stages of a project.
Which of the following is not used to document team member roles and responsibilities ?
A document which describes how project scope will be managed and how scope changes will be integrated into the project is: (choose the best answer)
Scoring models, comparative approaches and benefit contribution are all part of:
What is the key difference between a contract close-out and an administrative closure?
You are project manager and during the course of a project, the number of team members increases from six to ten. How many ADDITIONAL lines of communication channels now exist?
You are project manager and working on gathering requirements and estimating for the project. Which process group are you in?
According to the PMBOK guide, the project statement of work(SOW) should contain or reference to all the following elements except ?
A response to a risk event that was not defined in advance of is occurrence is called a:
Which of the following methods is a technique used to predict project duration by analyzing which sequence of activities has the least amount of scheduling flexibility?
With respect to earned value analysis, which of the following is the value of work actually completed?
Which of the following is useful in Identify Risks because it permits a systemic evaluation of the work?
The process to change a contract clause is _______ the project change control system.
The ability of a product to be used for different purposes at different capacities and under different conditions determines its ____________.
If you are project manager for a Project and will need as many inputs to the initiation phase as possible. Of the following, which is the best source of information for your project?
Customer formally accepts the deliverables of each project phase. This process is known as ________.
Which type of network diagram is also referred to Activity-on-Node (AON) diagrams?
Make-or-buy decisions measure the costs of both options. What are the two options?
You are the project manager for the software Project. This project must be completed within one year. This is an example of which of the following?
Which of the following is the most important task of the project manager during the Execution and Control phase?
You are the project manager of a project .You have just completed the Collect Requirements and Define Scope. What should you do next?
You are the project manager of a project that just went into extinction mode. This means that your project __________.
You are the project manager of a project and the project is a month into the executing phase. There are some cliques forming among the team members. Which leadership style you follow for best outcome?
You are the project manager of a project .You have just completed the Collect Requirements and Define Scope. What should you do next?
Which of the following statements are false about Expected Monetary Value Analysis (EMV).
The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
Which process involves coordinating people and other resources to carry out plan?
Which of the following is not a tool or technique used during the Risk Quantification Process?
A schedule activity may start 5 days before the predecessor activity finishes. This is an example of ______________.
A document or tool which describes when and how human resources will be brought onto and taken off the project team is called ____________.
During project integration activities, a project sponsor's role can best be described as doing which one of the following?