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PLEASE ANSWER FAST AND CORRECLTY QUESTION 1 A CPI or SPI value less than one indicates that the project is a. Under cost or behind

PLEASE ANSWER FAST AND CORRECLTY

QUESTION 1

A CPI or SPI value less than one indicates that the project is

a.

Under cost or behind schedule.

b.

Over cost or ahead of schedule.

c.

Over cost or behind schedule.

d.

Under cost or ahead of schedule.

1 points

QUESTION 2

Which one of the following is NOT an element of Statement of Work (SOW)

a.

Schedule constraints

b.

Performance characteristics

c.

Risk analysis

d.

Technical requirements

1 points

QUESTION 3

Using a contractor to perform a high risk task is which form of risk response?

a.

Transfer

b.

Acceptance

c.

Avoidance

d.

Mitigation

1 points

QUESTION 4

Change control requests:

a.

Are always initiated externally

b.

Provide the baseline against which changes will be controlled

c.

Are inputs to integrated change control

d.

Must be relayed in writing

1 points

QUESTION 5

Each box is an activity; the number it contains is the duration of the activity in days. The duration of the critical path is:

a.

16 days

b.

19 days

c.

14 days

d.

20 days

1 points

QUESTION 6

Which one of the following are conditions preferred for top-down estimation:

  1. Time and cost accuracy
  2. Strategic decision making
  3. Contract price is fixed
  4. High uncertainty

a.

ii and iv

b.

i and iii

c.

i and ii

d.

ii and iii

1 points

QUESTION 7

Jim receives the following information on his project: PV = 1000, EV = 1200, AC = 800, BAC = 2000, EAC = 1333. How is the project doing in terms of schedule?

a.

The same amount of work has been done than planned

b.

Less work has been done than planned

c.

The project has cost less than planned

d.

More work has been done than planned

1 points

QUESTION 8

The lowest level of the WBS is:

a.

Control account

b.

Work packages

c.

Code of accounts

d.

Deliverable

1 points

QUESTION 9

An activity has a optimistic duration estimate of 2 days, a mostly likely estimate of 5 days, and a pessimistic estimate of 8 days. What is the PERT weighted average duration?

a.

4

b.

5.2

c.

5

d.

6

1 points

QUESTION 10

Which of the following is NOT true about the Close Project or Phase process?

a.

Stakeholders have least amount of influence at this stage.

b.

The probability of completion is the highest at this stage of the project.

c.

Contract closeout must be performed after the Administrative Closeout.

d.

The risk is the lowest at this stage of the project.

1 points

QUESTION 11

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called

a.

Task sharing.

b.

Outsourcing.

c.

Redistribution of projects.

d.

Project allocation.

1 points

QUESTION 12

Which one of the following is a key decision factor for developing relevant quality standards on a project:

a.

design work systems

b.

consult project sponsor

c.

understand stakeholders' requirements

d.

identify cost and schedule constraints

1 points

QUESTION 13

Using the chart below, what is the cost variance?

a.

$4000

b.

$5000

c.

$3000

d.

$2000

1 points

QUESTION 14

Which of the following is NOT part of a modern quality management concept?

a.

Quality must be inspected in

b.

Performance standard is zero defects

c.

Quality is a 4 cycle process - plan/do/check/act

d.

85% of failures occur because of the process, not the worker

1 points

QUESTION 15

Which of the following is not part of the quality assurance process?

a.

Operational definitions

b.

Quality policy

c.

Quality improvement

d.

Quality audit

1 points

QUESTION 16

Which one of the following is NOT a key factor in managing customers' expectations:

a.

Speak the language of the customer

b.

Don't oversell the project

c.

Avoid sharing project risks information

d.

Share signification problems and risks

1 points

QUESTION 17

Which of the following is an input to the team development process?

a.

Staffing pool description

b.

Inputs to performance appraisals

c.

External feedback

d.

General management skills

1 points

QUESTION 18

Project teams can often identify risks by conducting any of several types of reviews. Which of the following illustrates a valuable type of risk review?

a.

review the project schedule to determine if certain people are overloaded

b.

review previous projects to verify that each current assumption is correct

c.

review sunk costs to determine project continuance

d.

review the communication plan to determine where poor communications could cause a problem

1 points

QUESTION 19

A method of shortening the duration of the project is:

a.

Creating milestones

b.

Leveling

c.

Fast tracking

d.

Lead

1 points

QUESTION 20

An analysis carried out during and shortly after the project life cycle that attempts to capture positive and negative learning is represented in which of the following?

a.

Performance evaluation

b.

Scenario analysis

c.

Lessons learned

d.

Variance analyses

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