choose the correct answer for the following questions

1. When composing a risk management plan, one of the activities is to define:

Group of answer choices

Methods

Work breakdown structure

Project charter

Project Resource allocation

2. When compiling a risk register it is typical to include one of the following fields:

Group of answer choices

Project charter

Business case

Probability

Project brief

3. When compiling a risk register it is typical to include one of the following fields:

Group of answer choices

Contingent Action

Mitigation

Acceptance

Transference

4. The modern view of value generally includes:

Group of answer choices

Prevention

Appraisal

Reputation

External failure

5. Once the key stakeholders have been identified, the project manager must decide which information they are likely to need, which includes one of the following categories:

Group of answer choices

Quantities of materials

Status changes

Information needs

Medium of communication

6. Numerous professionals agree that poor project planning is a critical mistake that frequently leads to project failure - which include one of the following threats to the project:

Group of answer choices

A set of poor quality management techniques.

A group of similar projects that creates confusion.

The project tasks do not have a timeline.

Lack of support from stakeholders

7. You are a project manager for XYZ limited and have been tasked to produce a cost estimation schedule which typically includes one of the following milestones:

Group of answer choices

The review of ground rules meeting.

The collection of lessons learned for use on future projects.

The evaluation of team member performance.

The appointment of a facilitator to conduct a brainstorming exercise.

8. Scope management of a project can generally be described as:

Group of answer choices

The day-to-day budgeting of the project to curb wasteful expenditure and save money.

The day-to day financial management of the project to ensure financial stability.

The day-to-day quality management of the project to ensure correct workmanship.

The day-to-day management of the project to ensure that the project does not deviate.

9. As a project manager, you will have to manage possible changes to the project scope. This generally includes one of the following steps:

Group of answer choices

Adapt the change control process flow diagram.

A summary of all previous changes to the project.

Compile an issues log in date order.

Update the relevant project documents.

10 As a project manager, you will have to manage possible changes to the project scope. This generally includes one of the following steps:

Group of answer choices

Adapt the change control process flow diagram.

A summary of all previous changes to the project.

Compile an issues log in date order.

Update the relevant project documents.

11 While there is no specific structure for a team charter, some common elements feature in a team charter. These include the following:

Group of answer choices

Internal checks, balances, reviews, and background.

A sheet which reflects the salaries per month of team members.

The team register with the names of team members.

A how-to- team guide which provides a map of the construction site.

12 As a project manager you will from time-to-time be confronted with the performance of your team. Typically project managers aim for a high-performance team which generally requires the following primary components:

Group of answer choices

Accountability, a high salary with benefits.

High salary, and skilled team members.

Collaborative problem-solving with a high salary.

Leadership and collaborative problem-solving

13 There are several barriers to effective communication which include environmental factors and thesaurus noise. Some typical examples of barriers to effective communication include:

Group of answer choices

Perceptual barriers and intercultural barriers.

Intercultural and Leadership barriers

Psychological and managerial barriers.

Physical and semantic barriers.

14 Mario and Denzil are both project members but have studied at different institutions and come from different backgrounds. They often disagree on issues of commitment, dress and body language. As a project manager you will often be expected to resolve conflict which arises from these types of differences among team members. These types of conflicts can generally be categorized into the following areas:

Group of answer choices

Project and personality conflicts.

Team and culture conflicts.

Team and personality conflicts.

Culture and personality conflicts.

15 As a project manager you will have to be cognizant of potential risks to the completion of a project. To this end, there are several techniques which the project can use. These generally include the following:

Group of answer choices

A list of stakeholders and historical reviews.

A SWOT analysis and all shareholder agreements.

Expert judgement and a SWOT analysis.

A detailed Investor portfolio and a brainstorming list.

16 To effectively manage stakeholders, the Project Management Institute provides several pieces of advice which include one of the following:

Group of answer choices

Project managers must know their stakeholder interest in the project.

Project managers must be good listeners and action orientated.

Project managers should encode all communications.

Project managers must have a stakeholder engagement strategy

17 During the project life-cycle there are changes which the project manager should be aware of. There are, however, certain guidelines that the project manager should adhere to when making changes which include one of the following:

Group of answer choices

The changes must build the necessary positive relationships among stakeholders and all role players.

Only authorized team members should make the necessary changes after the necessary assessments have been done.

The changes must bring about confidence in the project managers abilities to manage the project.

Non-project stakeholders must be allowed to view all proposed changes before they are implemented.

18 During the project life-cycle there are changes which the project manager should be aware of. There are, however, certain guidelines that the project manager should adhere to when making changes which include one of the following:

Group of answer choices

The changes must build the necessary positive relationships among stakeholders and all role players.

Only authorized team members should make the necessary changes after the necessary assessments have been done.

The changes must bring about confidence in the project managers abilities to manage the project.

Non-project stakeholders must be allowed to view all proposed changes before they are implemented.

19. Often project managers are faced with obstacles which are unplanned and unexpected. These events usually require the project manager to consider one of the following actions:

Group of answer choices

Reconsider the schedule performance index and bring it in-line with expectations.

Adjust the cost performance indicators to more satisfactory levels.

Renegotiate the role stakeholders should play in the project.

Draft a contingency plan which outlines an alternative approach to achieve project goals.

20 Project managers generally aim for a zero variance in the completion of a project. A zero variance can best be described as:

Group of answer choices

The project was completed under budget but with no major consequences.

The project was completed slightly over budget but with no major consequences.

The project was completed within the budgeted amount and strictly adhered to.

The project was completed by exceeding the budget; consequently, no money is left.

21 The familiarity of the project manager with the quality management plan is essential. The quality management plan generally contains a detailed outline and one of the following:

Group of answer choices

Customer requirements.

Project progress.

Project team member list

A list of project activities.

22 As a project manager, you will be exposed to certain risks which the project will encounter. This then often leads to a certain action by the project manager, generally described as:

Group of answer choices

The anticipation of the risk and implementing mitigation strategies.

The avoidance of the risk by taking alternative measures and actions.

The transfer of the risk transfer to a higher authority.

The acceptance of the risk and deal with the risk when it occurs.

23 As a project manager there will be several different risk developments, which include amongst others changes in project scope, budgets and timelines. It will then require the project manager to:

Group of answer choices

Re-work the breakdown structure.

Maintain the project plan.

Amend the work performance information.

Start a new risk register.

24 Once a supplier or vendor contract has been signed, several contract management actions which need to take place. These monitoring and control contract management actions include one of the following:

Group of answer choices

Assess the scope of the project work which is carried out and report appropriately to the project funders.

Where penalties have to be applied for unsatisfactory performance, these penalties must be applied.

Determine what corrective measures will be applied to get a new vendor.

Where there is evidence of overspending, request new tenders from familiar vendors.

25 There are several stages which a project team generally goes through. It is incumbent on the project manager to be aware at which stage they should clear up any uncertainties, combined with ascertaining team member skills and background. Suggest the stage best suited for this process.

Group of answer choices

Norming

Storming

Performing

Forming

26 After many months of hard work, the project comes to an end. The project manager Tim calls the team together to evaluate the teams performance during the project. Tim starts the meeting by saying that the project has failed. The most appropriate action to be taken by Tim would be:

Group of answer choices

Norming

Storming

Adjourning

Performing

27 Initially when your project team started working on the project, there seem a strained atmosphere, with some team members forming smaller groupings needing constant oversight. However, as the project progressed team members seemed to trust each other more and can function without any oversight, it is generally an indication of the following stage of team development:

Group of answer choices

Norming

Storming

Performing

Adjourning

28 As a project manager you have to be aware of cultural differences. Cultures which emphasize qualities such as respect, honour, dedication, caring are usually cultures which are:

Group of answer choices

Linear active

Multi-active

Reactive

Project culture

29 As project manager you will need to be familiar with several risk management assessment tools which include the process of estimating the likelihood of a risk occurrence, generally referred to as a:

Group of answer choices

Quantitative risk analysis

Qualitative risk analysis

Delphi technique analysis

EMV analysis technique

30. Project managers need to use various strategies to communicate effectively around the project schedule. These strategies generally include one of the following:

Group of answer choices

Ask the buyer to find another company to work with and ignore the project sponsors request.

Ensure that all project documentation in the shared repository is updated.

Listen to the project sponsor, and you do not produce the schedule and budget.

Engage and explain to the project sponsor why the budget and schedule are necessary.

31. One of Hofstedes (2011) classification of cultural dimensions argues that how much a culture stresses I or We is a cultural dimension which stresses personal development, choice, and self-actualization. This is indicative of one of the following dimensions:

Group of answer choices

Reactive/Multi-active dimension.

Individualism/Linear active dimension.

Individualism/collectivism dimension.

Multi-active/Reactive culture dimension

32 Risk management is a holistic, proactive approach. The risk management process is best characterized by the following activities amongst others:

Group of answer choices

Six Sigma technique, Monte Carlo analysis technique.

Monte Carlo analysis technique, Delphi technique.

Delphi technique, EMV analysis, Six Sigma technique.

Risk identification, risk analysis, assignment of risk ownership.

33. Risks are often assessed using qualitative and quantitative data involving qualitative and quantitative data methods involving the probability of occurrence scales. The consequences of occurrence scales generally include the following:

Group of answer choices

Cost, Technical performance, Schedule.

SWOT, Ishikawa diagramming, Interviews.

Interviews, Brainstorming, Expert judgement

Brainstorming, SWOT, Interviews.

34 As a project manager, you will be expected to be familiar with both qualitative and quantitative methods. The two most common categories of risk analysis using qualitative and quantitative data would be:

Group of answer choices

Quantitative and Delphi.

Qualitative and EMV.

Delphi and qualitative.

Probability and impact.

35 As a project manager there will be many risks which you need assessed. Typically risks will differ from one another which include the probability of the occurrence of the risk, symptoms of the risk, and time frame of occurrence. These activities can best be described as:

Group of answer choices

Risk control assessment.

Risk categorisation.

Risk urgency assessment.

Risk data quality assessment.

36 As a project manager you will be dealing with conflicting interests of stakeholders. The following is typically a factor which the project manager must determine to decide on a conflict management technique.

Group of answer choices

Agree and respect the stakeholders request.

Refuse and explain why it is not really a conflict.

Determine the source of the conflict.

Report the stakeholders involved in the conflict.

37 Keller and Aiken (in the prescribed textbook) suggest that when project members are not actively working for the success of the project there are five areas of meaning, which can provide a sense of meaning to project members. These include one of the following:

Group of answer choices

Positive societal impact.

Improve Construction planning.

Try to explain the meaning of construction execution.

Convince them that the construction will close.

38 Often, during the course of the project, project managers will be faced with a scenario where their judgement and/or experience is no longer sufficient to resolve a conflict or disagreement among project team members and has to resort to statutory bodies to resolve the conflict. This is generally referred to as:

Group of answer choices

Litigation and arbitration.

Arbitration and exert opinion.

Mediation and building bridges.

Adjudicating and arbitration.

39 According to Knipe et al, 2017 what is included and not included in the project, can best be described as:

Group of answer choices

Review management.

Rescheduling management.

Fast-tracking management.

Scope management.

40 According to Clements and Gido (2012) (in the prescribed textbook), when the project is running behind schedule, the project manager can focus on one of the following activities to meet the deadline:

Group of answer choices

Focus more on designing a Network diagram

Focus on activities that have long estimated durations.

Focus on the Program Evaluation Review Technique

Focus on activities that have short, estimated duration

41 As a project manager you are interested in determining how well the project has performed to date. This is generally indicative of the:

Group of answer choices

Program evaluation review technique.

Earned value management technique.

Fast-tracking management technique.

Crashing technique management technique.

42 The variance of a project costs can best be described as:

Group of answer choices

The actual costs less the budgeted amount.

The budgeted amount less the actual costs.

The profit costs less the budgeted costs.

The actual costs less the immediate costs.

43 Assume the budgeted cost of a project is R10 000 and the actual cost is R10 000. This means that the project has a:

Group of answer choices

A variance of 65.7%.

A variance of 34.3%.

A variance of 35.0%.

A variance of 0.0%.

44 Assume your project has a variance of -R10000. This indicative of a:

Group of answer choices

A positive variance

A negative variance

A zero variance

A variance can be positive or negative.

45 When issues are raised by stakeholders, in order to avoid false information and bad feelings, as the project manager you would:

Group of answer choices

Not risk the company by implementing change.

Emphasize the importance of the project tax contribution.

Highlight the disadvantages of fast-tracking the project.

Address the issues immediately.

46 One of the main characteristics of a risk is that:

Group of answer choices

It is predictable.

It can be avoided.

It is unpredictable.

It does not often happen.

47 As a project manager, you will have various options to reduce costs; the most appropriate action would be to:

Group of answer choices

Reduce the amount of cement from 2 bags per wheelbarrow of sand to 1 bag of cement per wheelbarrow of sand.

Convince the project team to use less skilled workers to reduce the salary budget and still get the project done.

Negotiate with alternative suppliers that can provide raw materials at a lower price.

Negotiate with the project funders to employ contractors whose charges can be reduced.

48 COVID-19 presented many uncertainties to the construction industry putting many projects on hold. Which of the following was the most likely cause of the scenario presented.?

Group of answer choices

The project went over budget because the project manager miscalculated his forecast.

One of the risks on the risk register caused a budget overrun.

A risk that was never planned for occurred.

The project budget administrators estimates were incorrect.

49 Izekiel is a quantity surveyor and reports to the project manager Jeffrey. Jeffrey notices that when there is a meeting with Izekiel, Izekiel tends to avoid making eye contact or looking directly at Jeffrey. This could be a:

Group of answer choices

Physical barrier

Intercultural barrier

Perceptual barrier

Semantic barrier

50 Noise in the communication process can simply be defined as:

Group of answer choices

Noise is anything that presents a significant barrier to communication.

The noise machinery makes when everyone has vacated the premises.

Noise is everything that presents a significant barrier to communication.

Noise is all the sounds that one would hear when sitting in the cafeteria during a lunch break.