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Which performance measurement tells us how much more of the budget is required to finish the project? A. ETC B. EV C. AC D. EAC
1385Which of the following compression techniques increases risk? A. Crashing B. Resource leveling C. Fast tracking D. Lead and lag
1352You are a project manager for Waterways Houseboats, Inc. You have been asked to perform a benefit/cost analysis for two proposed projects. Project A costs $2.4 million with potential benefits of $12 million and future operating cost of $3 million. Project B costs $2.8 million with potential benefits of $14 million and future operating costs of $2 million. Which project should you recommend? A. Project A because the cost to implement is cheaper than Project B B. Project A because the potential benefits plus the future operating costs are less in value than the same calculation for Project B C. Project B because the potential benefits minus the implementation and future operating costs are greater in value than the same calculation for Project A D. Project B because the potential benefits minus the costs to implement are greater in value than the same calculation for Project A
1176These diagrams rank order factors for corrective action by frequency of occurrence. They are also a type of histogram: A. Control charts B. Process flowcharts C. Scatter diagrams D. Pareto diagrams
1185You’ve been assigned as a project manager on a research and development project for a new dental procedure. You’ve published the scope statement and are working on the scope management plan. What is the purpose of the scope management plan? A. It describes and documents a scope baseline to help make future project decisions. B. It decomposes project deliverables. C. It describes how project scope changes will be incorporated into the project and how project scope will be managed. D. It describes how cost and time estimates can be composed for project scope changes.
1110What is one of the most important skills a project manager can have? A. Negotiation skills B. Influencing skills C. Communication skills D. Problem-solving skills
1466The project manager has the greatest influence over quality during which process? A. Quality Planning B. Quality Assurance C. Quality Control D. Quality Change Control
1212Project managers have the highest level of authority and the most power in which type of organizational structure? A. Projectized B. Strong matrix C. Functional D. Balanced matrix
1136You are the project manager for Heartthrobs by the Numbers Dating Services. You’re working on an updated Internet site that will display pictures as well as short bios of prospective heartbreakers. You have your activity list and resource requirements in hand and are planning on using qualitatively based durations and reserve time to determine activity durations. Which of the following is true? A. You are using inputs of the Activity Duration Estimating process. B. You are using tools and techniques of the Cost Estimating process. C. You are using tools and techniques of the Activity Duration Estimating process. D. You are using inputs of the Cost Estimating process.
1045You are a project manager who has recently held a project team kickoff meeting where all the team members were formally introduced to each other. Some of the team members know each other from other projects and have been working with you for the past 3 weeks during the Planning processes. Which of the following is true? A. Team building begins once all the members of the team are identified and introduced to each other. This team is in the storming stage of Team Development. B. Team building begins at the Planning process. This team is in the storming stage of Team Development. C. Team building begins once all the members of the team are identified and introduced to each other. This team is in the forming stage of Team Development. D. Team building begins at the Planning process. This team is in the forming stage of Team Development.
1057All of the following are true regarding configuration management except: A. Requires all acceptance decisions to be made through the CCB B. Serves as a change control system C. Describes the physical characteristics of the product of the project D. Controls changes to the characteristics of an item or system
1176Which of the following project-scheduling techniques allows for conditional and probabilistic treatment? A. GERT B. CPM C. PERT D. CPM and PERT
1123Which of the following contracts should you use for projects that have a degree of uncertainty and require a large investment early in the project life cycle? A. Fixed price B. Cost reimbursable C. Lump sum D. Unit price
1446Post New Project Management Questions
This tool and technique of Quality Control keeps errors from reaching the customer: A. Inspection B. Prevention C. Corrective action D. Performance measurement
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published the scope statement and the supporting detail. The supporting detail contains all of the following except: A. Constraints B. Other project information not noted in the scope statement C. Code of accounts D. Assumptions
Your company. Kick That Ball Sports, has appointed you project manager for their new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, some with multiple deliverables. The Scope Definition process is now complete. Which of the following is true? A. The WBS template, an output of the Scope Definition process, was used from the previous project to create the WBS for this project. The WBS encompasses the major deliverables for the project. B. The WBS template from the previous project, an output from the Scope Planning process, was used to create the WBS for this project. The WBS encompasses the major deliverables for the project. C. The WBS, an output of the Scope Planning process, has been created, and it encompasses the full scope of work for the project. D. The WBS, an output of the Scope Definition process, has been created, and it encompasses the full scope of work for the project.
Which of the following processes serve as inputs to each other? A. Executing and Controlling B. Planning and Executing C. Planning and Controlling D. Executing and Initiation
Which logical relationship does the PDM use most often? A. Start to finish B. Start to start C. Finish to finish D. Finish to start
You are a project manager for Safari Outfitters. Your company is going to offer a new product line in the upcoming spring catalog. Your project team has 10 months to secure contracts with suppliers, finalize the designs, get the product into the catalog, and stock the warehouse. This is an example of: A. An assumption because the project team has worked on projects like this before and know they can meet the 10-month deadline B. An assumption because the project team has a limited amount of time to complete the project C. A constraint because the project team has a limited amount of time to complete the project D. A constraint because the project team is working with a new product line that hasn't been developed before
How does a project manager can avoid the above given ten points for the success of project.
What is the difference between risk impact and risk probability?
You are a fabulous project manager, and your team thinks highly of you. You are well respected by the stakeholders, management ream, and project team. When you make decisions, others follow your lead as a result of which of the following? A. Referent power B. Expert power C. Legitimate power D. Punishment power
All of the following are tools and techniques of the Schedule Development process except? A. CPM B. RAM C. GERT D. PERT
Your project is in the Scope Definition process. You've just completed the WBS. Which of the following is true? A. The WBS breaks the project deliverables down to a level where alternatives identification can be used to determine how level two assignments should be made. B. The WBS breaks the project deliverables down to a level where project constraints and assumptions can be easily identified. C. The WBS breaks the project deliverables down to the work package level where product analysis can be documented. D. The WBS breaks the project deliverables down to the work package level where cost and time estimates can be easily determined and quality control measurements can be determined.
What are the Scope Planning process tools and techniques? A. Benefit/cost analysis, work breakdown structure templates, expert judgment, and supporting detail B. Product analysis, benefit/cost analysis, alternatives identification, and expert judgment C. Product analysis, work breakdown structure templates, supporting detail, and expert judgment D. Benefit/cost analysis, alternatives identification, supporting detail, and expert judgment
You are a project manager for a telecommunications firm. You're working on a project that entails upgrading technical hardware and equipment. The estimated cost of the hardware and equipment is $1,725,000. You are reviewing products from three different vendors. One of the vendors invites you to lunch. What is the most appropriate response? A. Thank them but let them know this could be a conflict of interest since you haven't made a decision about which vendor you're going to choose. B. Thank them and decline. You know this could be considered personal gain, which could call your integrity into question. C. Thank them and accept. You don't believe there is a conflict of interest or a personal integrity issue. D. Thank them and decline. You believe this could be a conflict of interest on the part of the vendor, and you don't want to encourage that behavior.
You have been assigned to a project that will allow job seekers to fill out applications and submit them via the company website. You report to the VP of human resources. You are also responsible for screening applications for the information technology division and setting up interviews. The project coordinator has asked for the latest version of your changes to the online application page for his review. Which organizational structure do you work in? A. Functional organization B. Weak matrix organization C. Projectized organization D. Balanced matrix organization
Which of the following processes assess the likelihood of risk occurrences and their consequences using numeric probability assignments? A. Qualitative Risk Analysis B. Risk Identification C. Quantitative Risk Analysis D. Risk Response Planning
