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C176 Misc

Terms in this set (76)

Which of the following includes business need for the project, project objectives, and project deliverables?

Dashboard Information

Scope Statement

Requirements Document

Statement of Work
Requirements document
Which of the following is an agreement that outlines specific performance criteria or other actions between two or more parties?

MOU

NDA

SLA

PO
MOU
For which projects is "close procurements" performed?

A. It's performed for canceled projects.

B. It's performed for contractual projects.

C. It's performed in conjunction with administrative closure for all projects.

D. It's performed for all projects.
B
Which of the following is defined by the type of work being performed, and one activity is dependent on another activity?

External Dependency

Discretionary Dependency

Mandatory Dependency

Internal Dependency
Mandatory Dependency
You, as a project manager, report to the director of project management, and your team members report to their areas of responsibility (accounting, human resources, and IT). You have complete control of the project team's assignments once the project is underway. Which organizational structure does this scenario describe?
Each correct answer represents a complete solution. Choose all that apply.

A. Projectized

B. Project-based

C. Weak Matrix

D. Functional
A B
What is derived from the formula of EV / PV?

EV = Earned Value
PV = Planned Value
SPI
SPI?
Schedule Performance Index
Your sponsor's lost interest in your current project and has focused all attention on a new one. The resources originally intended for your project are no longer provided to the project. What type of project ending does this describe?

Addition

Extinction

Integration

Starvation
Starvation
A project manager has identified uncertain events during the executing phase. Where should this be reported?

Communication plan

Risk trigger

Issue log

Project scope statement
Issue log
Which of the following conflict resolution techniques should a project manager employ when there's a minor conflict between several project team members that doesn't impact their project?

Compromise

Force

Avoidance

Confrontation
Avoidance
Which of the following are the three elements that represent the PMBOK Guide knowledge areas?

A. Communications

B. Human Resources

C. Procurement

D. Validation

E. Vendor Relationships
A B C
Which of the following processes documents formal acceptance of project work and hands over the completed product to the organization for ongoing maintenance and support?

Monitoring and controlling

Executing

Planning

Closing
Closing
Which element is not a function of a scope management plan?

A. Describing deliverables' acceptance criteria

B. Describing procedures for preparing a WBS

C. Describing procedures for preparing a scope statement

D. Describing how scope changes will be handled
A
Given the following values:PV = 85, AC = 83, and EV = 81, what's the SV?

-2

.95

-4

.98
-4
What is derived from the formula EV - PV?

EV = Earned Value

PV = Planned Value
SV
SV?
Schedule Variance
Which of the following are the three types of project selection methods that are considered economic model methods?
Each correct answer represents a complete solution. Choose all that apply.

A. Net Present Value

B. Scoring Model

C. Internal rate of Return

D. Payback Period

E. Discounted Cash Flow

F. Cost-benefit Analysis
A C E
You're a manager of the GHG project, which has a budget at completion of $456,000 and is expected to last one year. You're currently at month six of the project, though you've only completed 40 percent of the work. The actual project cost to date is $175,000. What's the project's cost variance?

A. -$45,600

B. 1.04

C. There is no cost variance

D. $7,400
D
Midway through a project's execution, a sponsor tells the project manager to cancel the project. Which of the following actions should the project manager take?

A. Send a sponsor change request to the change control board

B. Notify the requester of the change

C. Call the project manager and request an immediate transfer to a new contract

D. Begin an administrative closure process
D
CPM?
Critical Path Method
Which of the following calculates the longest path and controls the finish date of the project?

PDM

RACI

CPM

WBS
CPM
The cost variance (CV) of a project is a negative value. What does this result indicate?

A. The budget for the project is insufficient.

B. Costs are according to the budget.

C. Costs are higher than originally planned for the project.

D. Costs are less than budgeted.
C
What is derived from the formula of EV - AC?

EV = Earned Value

AC = Actual Cost
CV
CV?
Cost Variance
Which of the following includes final project acceptance criteria?

Scope statement

Project charter

Procurement plan

Integration plan
Scope statement
During which of the following project phases is a business case created?

Monitoring and Controlling

Executing

Initiating

Planning
Initiating
Which of the following plans includes the chart of account?

Quality management

Cost management

Risk management

Procurement managment
Cost management
What is derived from the formula of EV / AC?

EV = Earned Value

AC = Actual Cost
CPI
CPI?
Cost Performance Index
You know that the EV is 230, PV is 230, AC is 250, BAC is 260, and ETC is 30. What's the CPI?

.92

3

1

280
.92
You're a project manager of your organization. Marcy, a project team member, has identified an issue with a piece of hardware that could affect project implementation. What should you do with this hardware issue?

A. Add the issue to the risk registers for resolution.

B. Add the issue to the project's WBS issue category.

C. Add the issue to the project issue log for resolution.

D. Add the issue to the technical assessment log for resolution.
C
KPI?
Key Performance Indicator
KPP?
Key Performance Parameter
Which of the following tools determines whether the organizational goals are being achieved?
Each correct answer represents a complete solution. Choose all that apply

A. KPI

B. KPP

C. Balanced Score Card

D. Collaboration tool

E. Vendor knowledge base
A B C
All of the following describe types of project endings except for which one?

Starvation

Addition

Extinction

Attrition

Integration
Attrition
What are the EVM measurements for schedule variances?

A. SV = (EV - AC) and SPI = (EV / AC)

B. SV = (EV - BAC) and SPI = (EV / BAC)

C. SV = (PV - EV) and SPI = (PV / EV)

D. SV = (EV- PV) and SPI = (EV / PV)
D
Which of the following comes under the economic model?
Each correct answer represents a complete solution. Choose all that apply.

A. Constrained Optimization

B. IRR

C. Discounted Cash Flow

D. NPV
B C D
IRR?
Internal Rate of Return
Which of the following risk response strategies monitors the probability or impact of the risk event to assure benefits are realized?

Mitigate

Enhance

Accept

Exploit
Enhance
Which of the following are included in the project scope statement?
Each correct answer represents a complete solution. Choose all that apply.

A. Assumptions

B. Key Deliverables

C. Acceptance Criteria

D. Resource Requirements

E. Issue Log Template
A BC
Who among the following writes the project charter and makes certain it is distributed to all the key stakeholders?

Project coordinator

Project scheduler

Project sponsor

Project manager
project manager
Mike is manager of the WAM project, which has a budget at completion of $295,000. The project is currently 40 percent complete; however, it should have been 50 percent complete by now. Mike has spent $125,000 on the project, and management has asked him about its schedule performance. Which of these values best represents its schedule performance?

A. -$17,500

B. .94

C. 80

D. -$7,000
C
What are the steps required in constructing a project schedule?

A. Determine task durations including only start date

B. Set quality gates

C. Determine the critical path

D. Establish the governance process
B C D
Which of the following uses weighted average to determine the project duration and forecast the project schedule with a high degree of reliability?

PDM

Gantt

SPI

PERT
PERT
What is the acronym for a network diagramming technique that uses boxes to represent the project activities and arrows to connect the boxes and show the dependencies?
PDM
PDM?
Precedence Diagramming Method
All of the following are true regarding dashboards except for which one?

A. They document work expected to be completed during the next reporting period.

B. They usually have indicators such as red-yellow-green for a quick, at-a-glance status check.

C. They are a type of performance report.

D. They are a type of status report.
A
During the planning process, a project scope document provides a description of the work necessary to complete a project. Which of the following components would be included in the project scope document?

A. Detailed project objectives

B. Key Performance Indicators

C. Gantt Charts

D. Project constraints
A B D
In which of the following process groups is the dashboard information document produced?
Each correct answer represents a complete solution. Choose all that apply.

A. Monitoring and Controlling

B. Executing

C. Planning

D. Initiating
A B
Which of the following are the ways of preparing solicitation notice to notify prospective sellers of their upcoming work?
Each correct answer represents a complete solution. Choose all that apply

A. IFP

B. RFQ

C. IFB

D. RFP
B C D
IFB?
Invitation for Bid
Centralizing documents, archiving project documents, performing post-project reviews, writing a final closeout report, and distributing a notice of project acceptance occur during which process?

Project Close

Close Procurements

Post-mortem Review

Administrative closure
Administrative closure
In which of the following organization structure does the sales manager handle project management?

Adhoc

Projectized

Functional

Matrix
Functional
What are the characteristics of a matrix organization?
Each correct answer represents a complete solution. Choose all that apply.

A. A mix of full time and part time project resources

B. Weak to strong project manager authority

C. Multiple project complete for the same limited resources

D. Better inter-departmental communication
A B D
In what stage is the Project Charter created?
Initiating
In what type of organization do multiple projects compete for the same limited resources?
Functional
Gantt charts measure project ___________?
schedules
Which of the following includes final project acceptance criteria?

Project Charter

Procurement Plan

Integration Plan

Scope Statement
Scope Statement
Which of the following includes business purpose, milestones, assumptions, and constraints?

WBS

Project Charter

Procurement Plan

Statement of Work
Project Charter
In what process group are the Project schedule and Organization chart created?
Planning
Joseph is starting a new project and wants to document the business requirements of the project. Which of the following tools will help him in accomplishing his task?

Scatter diagram

Process diagram

Ishikawa diagram

Run chart
Process diagram
Which of the following includes business need for the project, project objectives, and project deliverables?

Dashboard information

Scope statement

Requirements document

Statement of work
Requirements document
What details the goods or services we want to procure?
Statement of Work
During which of the following project phases is a business case created?

Executing

Initiating

Planning

Monitoring and Controlling
Initiating
What defines how deliverables will be verified?
Scope Management Plan
A WBS is created using which two of the following:

A. Progress Diagram

B. Scatter Diagram

C. Outline Form

D. Tree Structure Diagram
C D
Which of the following elements should be listed in WBS dictionary?
Each correct answer represents a complete solution. Choose all that apply.

A. Project Milestone

B. Cost estimates

C. Description of the work of the component

D. Code of accounts identifier
B C D
Which of the following includes business purpose, milestones, assumptions, and constraints?

Procurement Plan

Project Charter

WBS

Statement of Work
Project Charter
What document defines acceptance criteria of deliverables?
Scope Statement
What are the steps required in constructing a project schedule?Each correct answer represents a complete solution. Choose all that apply.


A. Set quality gates

B. Determine the critical path

C. Establish the governance process

D. Determine task durations including only start date
A B C
RAM?
responsibility assignment matrix
RBS?
Resource Breakdown Structure
What type of hierarchical chart is used to show the work of the project according to the types of resources needed?
RBS
Which of the following plans includes the chart of account?

Risk Management

Procurement Management

Quality Management

Cost Management
Cost Management
In which of the following processes is cost baseline used?
Each correct answer represents a complete solution. Choose all that apply.

A. Planning

B. Monitoring and Controlling

C. Executing

D. Initiating
B C
EVM?
Earned Value Measurement
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