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aNSWER ALL THE QUESTIONS CORRECTLY QUESTION 24 Which of the following is an output of the Identify Risks process. a. SWOT Analysis b. Checklists c.

aNSWER ALL THE QUESTIONS CORRECTLY

QUESTION 24

Which of the following is an output of the Identify Risks process.

a.

SWOT Analysis

b.

Checklists

c.

Lessons Learned

d.

Risk Register

1 points

QUESTION 25

The most long-lasting conflict resolution is caused by which of these techniques?

a.

Smoothing

b.

Forcing

c.

Confrontation

d.

Compromising

1 points

QUESTION 26

You are the Project Manager for XYZ project. The scope of the project has been completed. You receive a request for a new module to be developed as part of this project. What should you do next?

a.

Since the project scope is completed you should inform the customer that this change cannot be done as part of the project.

b.

You should send the request to Change Control Board for approval.

c.

You should approach the Senior Management and ask them for a new module to be developed as part of this project.

d.

You should approach the Project sponsor and ask her for a new module to be developed as part of this project.

1 points

QUESTION 27

_________________ specifies to whom information will flow and what method will be used to distribute various types of information.

a.

Distribution structure

b.

Collection and filing structure

c.

Communications management plan

d.

Communications requirements

1 points

QUESTION 28

Which one of the following is a bottom-up approach to project estimation.

a.

Ratio method

b.

Parametric method

c.

Apportion method

d.

Consensus method

1 points

QUESTION 29

You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that before the vehicle can be sold, it must be approved by the Government regulatory authority. This is an example of which type of dependency?

a.

External

b.

Mandatory

c.

Soft logic

d.

Discretionary

1 points

QUESTION 30

Cost estimating is:

a.

Establishing a baseline to use in measuring project performance

b.

Assessing how much it will cost the organization to provide the product or service

c.

Analyzing positive and negative variances

d.

Assessing how much the organization will charge for the product or service

1 points

QUESTION 31

Acceptance of work results is crucial to what phase of the scope management process

a.

Scope planning

b.

Initiation

c.

Scope verification

d.

Scope change control

1 points

QUESTION 32

Earned Value is:

a.

The actual hours worked on the project multiplied by the budgeted labor rate

b.

Budgeted value of work actually accomplished

c.

PV-AC

d.

The amount future value of a present investment

1 points

QUESTION 33

Which of the following is NOT one of the Risk Management processes?

a.

Risk analysis

b.

Risk response planning

c.

Risk threshold

d.

Risk identification

1 points

QUESTION 34

Which of the following is NOT a considered a failure cost?

a.

Training

b.

Scraps

c.

Rework

d.

Rejects

1 points

QUESTION 35

You are the project manager responsible for building a new web site. The project is running late. To bring the project on schedule, you decide to add additional resources to the critical path. This is an example of

a.

Fast racking

b.

Resource planning

c.

Schedule management

d.

Crashing

1 points

QUESTION 36

The authority to approve or deny change request lies with

a.

Project sponsor

b.

Change control board

c.

Project manager

d.

Customer

1 points

QUESTION 37

Which is a tool or technique of the schedule development process?

a.

Activity duration estimates

b.

Supporting detail

c.

Duration compression

d.

Resource pool description

1 points

QUESTION 38

You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using?

a.

Bottom-up

b.

Parametric modeling

c.

Expert judgement

d.

Analogous

1 points

QUESTION 39

What is the purpose of the stakeholder management plan?

a.

To convert all stakeholders to positive, supportive stakeholders

b.

To identify the stakeholders who are opposed to the project

c.

To manage the stakeholders' attitudes toward the project

d.

To communicate with the stakeholders about the project status

1 points

QUESTION 40

One of the most important piece of document required in issuing a RFP/RFQ to potential project suppliers is:

a.

Procurement plan

b.

Project management plan

c.

Project charter

d.

Statement of work

1 points

QUESTION 41

Using the figure below, what is the probability that the task will be completed on time and under budget?

a.

12.5%

b.

16.25%

c.

25%

d.

90%

1 points

QUESTION 42

Based on the following, which event should you be most concerned about?

a.

Design flaw

b.

Bad weather

c.

Shipment delay

d.

Accident

1 points

QUESTION 43

Jan is trying to reallocate resources in a time-constrained project to create smoother resource utilization. She should first identify activities with the

a.

Highest cost.

b.

Least slack.

c.

Smallest duration.

d.

Most slack.

1 points

QUESTION 44

Ultimate success of the project is determined by

a.

Whether the project was under budget.

b.

Whether the customer is happy.

c.

Whether the project meets specifications.

d.

Whether the project was completed on time.

1 points

QUESTION 45

The contract type that represents the lowest risk to the buyer is:

a.

FFP

b.

CPFF

c.

FPI

d.

CPIF

1 points

QUESTION 46

The project plan:

a.

Usually includes the work break down structure but not major milestones

b.

Is used to manage project execution

c.

Includes open issues, but not pending decisions

d.

Is a management control that will change only intermittently and only in response to an approved scope change

1 points

QUESTION 47

Based on the life cycle model of the typical project , which stage is expected to experience the highest resource usage?

A.

Intermediate phase(s)

B.

Staffing phase(s)

C.

Closing phase(s)

D.

Initial phase(s)

1 points

QUESTION 48

Your project is well underway, and the project management plan as well as subsidiary plans have been baselined and work is proceeding apace. A key project stakeholder has just approached you with a problem: a requirement was missed by the business in the requirements gathering process and they want it inserted into the project plan without having to go through the formal change request process. They would consider it a huge favor if you did so and would be willing to reciprocate at some later date. What should you do next?

a.

Perform an impact assessment on the requested change and submit to the CCB for approval

b.

Since the stakeholder has key resources on the project, it may pay off in the long run to agree to the stakeholder's request

c.

Talk to the stakeholder's manager about the stakeholder's request for a breach in the formal corporate change management process

d.

Agree to the request only if the stakeholder is willing to remove a less important feature of equal effort so as not to impact the costs or the timeline on the project

1 points

QUESTION 49

Project Scope Management is:

a.

The features to be included in a product or service

b.

Is synonymous with change control management

c.

Used to make sure that all work required, and only the work required, is included in order to complete the project successfully

d.

Is conducted primarily by external stakeholders

1 points

QUESTION 50

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

a.

CV, SV, and BAC

b.

VAC, EAC, and BAC

c.

PV, EV, and AC

d.

BAC, EAC, and ETC

1 points

QUESTION 51

Which is the process that involves documenting project results in order to formalize the acceptance of the product by the sponsor, client, or customer?

a.

Information distribution

b.

Performance reporting

c.

Administrative closure

d.

Scope acceptance

1 points

QUESTION 52

Greg is a Project Manager of a construction project. The customer has requested that an additional room needs to be constructed at an extra cost? How should Greg respond to this request

a.

Consult the project sponsor.

b.

Document the request and present it to Change Control Board.

c.

Refuse the request as this was not part of the original scope.

d.

Accept the request as the customer is willing to pay for it.

1 points

QUESTION 53

In which organizational structure is the project manager likely to have the most authority?

a.

Weak matrix

b.

Functional

c.

Projectized

d.

Strong matrix

1 points

QUESTION 54

Contingency funds are necessary for project estimation, and should be made at:

a.

Project level

b.

Network level

c.

WBS level

d.

Activity level

1 points

QUESTION 55

Dual reporting is most likely to occur in which type of organization?

a.

Projectized

b.

Laissez-faire

c.

Matrix

d.

Functional

1 points

QUESTION 56

Which of the following is a tool or technique used in integrated change control

a.

Performance reports

b.

Organizational procedures

c.

Project plan updates

d.

Performance measurement

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