When does risk monitoring and control occur?
Management reserves are normally defined as a % of the total budget. As a project progresses, the project manager wants the $ value of management reserve to _____, whereas the customer wants the management reserve to _____.
To complete performance index (TCPI) is represented by which of the following?
The widget production project is well underway. The requirements are clear that each widget must weigh between 0.320 and 0.325 ounces. The first day of test production resulted in 1247 widgets. Of the widgets inspected, 47 percent fell within the acceptable weight range. This is an example of:
In an activity-on-node diagram, the nodes represent:
A problem occurs on an activity with free float and the project manager has extended its duration.
What is MOST likely to be affected?
What is the expected activity cost for a project having a most likely cost of $140, a best case scenario of $115, and a worst case scenario of $165?
In which of the following is the cost of risk hidden by the contractor?
A Project Management Office (PMO) manages a number of aspects, including what?
Which of the following provides a comprehensive and consistent method of controlling the project and ensuring its success?
Risk event is the description of what may happen to the _____ of the project.
Stakeholder analysis identifies what information and relates it to the purpose of the project?
What should a project manager do with low-priority risks?
The project team reviews identified risks and the risk response strategy. For one of the risks, the team realizes that the implementation of the risk response would generate another risk.
This new risk is which of the following types of risk?
You are managing an internal project where a vice president from the user group is acting as the sponsor. You have just been informed by your team that the critical path has slipped by three weeks. You should:
Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement.
Which of the following is not contained in the project scope statement?
A project manager is creating a risk response plan. However, every time a risk response is suggested, another risk is identified that is caused by the response.
Which of the following is the BEST thing for the project manager to do?
Approved change requests, approved corrective actions, and updates to organizational process assets are all outputs of which project management process?
When would resource leveling be applied to a schedule model?
Which of the following schedule network analysis techniques is applied when a critical path method calculation has been completed and resources availability is critical?
Which tool or technique measures performance of the project as it moves from project initiation through project closure?
Which of the following lists contain processes that are included within Project Procurement Management?
Project contracts generally fall into which of the following three broad categories?
Which of the following terms indicates a deliverable-oriented hierarchical decomposition of the project work?
Which type of analysis is used to develop the communications management plan?
If project time and cost are not as important as the number of resources used each month, which of the following is the BEST thing to do?
While preparing your risk responses, you realize that you have not planned for unknown risk events. You need to make adjustments to the project to compensate for unknown risk events. These adjustments are based on your past project experience when unknown risk events occurred and knocked the project off track.
What should you do?
Which process group establishes the total scope of a project?
A line manager who is asked to wear two hats and function as a project manager at the same time is likely to exercise:
The procurement document is an input to which of the following processes?
What does a CPI value greater than 1.0 indicate?
Conflict should be best addressed in which manner?
What is included in a control chart?
The decomposition technique is used to do which of the following?
Decomposition is a tool and technique used in which of the following?
Which of the following must not performed in the project initiation process?
Which describes how cost variances will be managed?
Which of the following correctly explains the term "progressive elaboration"?
When is a project finished?
Which of the following is an example of a technique used in quantitative risk analysis?
If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month of the project?
In which process might you use risk reassessment as a tool and technique?
Trend Analysis is best described as:
What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?
Company A bought a well-defined project deliverable from Company
B.Company A will pay a fixed total price plus a percentage premium for the schedule target achieved.
Which of the following is NOT a reason to measure variances from the baseline?
Fast tracking is a schedule compression technique used to shorten the project schedule without changing project scope.
Which of the following can result from fast tracking?
Which schedule development tool and technique produces a theoretical early start date and late start date?
In which of the following types of contracts is it most important for the contractor to maintain control of cost, schedule and scope changes.
The risk register contains which of the following?
Which of the following is an input to identify risk?
Which of the following does NOT assess the value a project brings to an organization?
Inspection is a tool and technique for which of the following processes?
You are working with XYZ organization. Your senior manager imposed new delivery date which is earlier than mentioned project deliverables date in scope statement.
To whom you are most accountable?
In which domain of project management would a Pareto chart provide useful information?
A company attorney, newly hired by the company, walks into the project manager's office and tells her that he is ready to work with her on the procurement process. The project manager has little experience with procurement, so she is excited to have the assistance.
With which of the following would it be BEST for the project manager to ask the attorney for help?
Which of the following is an example of a tool used in Plan Quality?
What quality control tool graphically represents how various elements of a system interrelate?
Which tool and technique identifies inefficient and ineffective policies, processes and procedures?
Overlapping activities on a project, such as design and construction, is referred to as:
Which analysis helps to determine the risks that have the most potential for impacting the project?
Which of the following techniques incorporates a form of risk assessment?
Which of the following is an input to the Qualitative Risk Analysis process?
There are seven members on the project team not counting the project manager and the sponsor. How many communication channels are there?
During the opening rounds of contract negotiation, the other party uses a fait accompli tactic. Which of the following statements is true about fait accompli tactics?
Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?
Which of the following is an input to Develop Human Resource Plan?
Using the following data, what is the Schedule Performance Index (SPI)?
EV = $500
The inputs of the Performance Reporting process include all of the following except for which one?
Communication plays a major role in:
Which document contains initial requirements that satisfy stakeholders' needs and expectations?
The project manager calculated a schedule performance index of 0.8 and a cost performance index of 1.1 for the project. What is the actual status of this project?
Power games, withholding information, and hidden agendas are examples of ___________.
What is the purpose of a decision tree?
Who is responsible for determining which processes from the Process Groups will be employed and who will be performing them?
Which of the following strategies is used to deal with risks that may have a negative impact on project objectives?
A contract management plan is a subsidiary of what other type of plan?
Initiating, Planning, Executing, Monitoring and Controlling and Closing are called:
An input required to develop a preliminary project scope statement is:
While creating the agenda for a status meeting with the team, a project manager receives input from one team member that an item should be added. Another team member says the team is not ready to resolve the item during the meeting. After much discussion, the project manager decides to put the item on the agenda as an initial discussion item only.
Which conflict resolution technique is the project manager using?
What is one of the objectives of project risk management?
Objectives can be described as all of the following except for which one? Choose the least correct answer.
You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements.
Which of the following is not a valid option?
Which of the following helps a project manager determine possible causes of problems on a project?
A project manager arranges for project specific training for the new team members.
Under which category does this cost fall?
The customer's expectations for quality are shown on a control chart as the:
Which of the following is a schedule network analysis technique that takes limited resources into account?
If you know expected value is 500 and the standard deviation is 12, you can say with approximately a 95 percent confidence rating which of the following?
The scope management plan is a subsidiary of which project document?
All the techniques described below can be used to keep a meeting focused except:
Which of the following is a strategy to deal with positive risks or opportunities?
You are the project manager for a new website for the local zoo. You need to perform Qualitative Risk Analysis.
When you've completed this process, you'll produce all of the following as part of the risk register update output except which one?
A non-critical path activity is completed in half the time. Then, ___________.
TESTED 07 Dec 2022
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