Pmp Test Prep

Front 1

Historical information is the best input for what phase?

Back 1

initiation phase

Front 2

What does the resources breakdown structure show?

Back 2

various resources, both human and mechanical needed for project.

Front 3

When the performing organization lacks the in house staff needed to complete the project, the required services can be acquired through?

Back 3

Acquisition

Front 4

What phase is less risky?

Back 4

Planning

Front 5

What tracks changes?

Back 5

Control Management System

Front 6

Comparing proposals received from sellers done during?

Back 6

Conduct procurements.

Front 7

Make payment to seller is done during?

Back 7

Administer procurements.

Front 8

Engineering is primarily responsible for?

Back 8

creating design and test specifications

Front 9

Who must write the quality policy for each project?

Back 9

Projec team, led by the PM.

Front 10

What shows the ordered by frequency of occurrence, that shows how many results were generated by type or category of identified cause.

Back 10

Histogram.

Front 11

For immediate work, what can be sufficient?

Back 11

A letter contract.

Front 12

Where are Performance Measures done?

Back 12

Administration.

Front 13

Product Verification, Procurement Audit and creation of a contract file are done in?

Back 13

contract closure.

Front 14

What is the last step in Administrative closure?

Back 14

release resources.

Front 15

What is the foundation of Team development?

Back 15

Individual development

Front 16

What is the only tool and Technique of contract closeout process?

Back 16

Procurement Audit

Front 17

What is the procurement Audit is used to identify?

Back 17

successes to transfer the success to other procurements

Front 18

What is used in the communications?

Back 18

Symbols

Front 19

The Communication Management plan defines?

Back 19

the contents of the performance reports

Front 20

Team development with WEAK Matrix is?

Back 20

very difficult

Front 21

Any change in the Project Charter needs to be approved by?

Back 21

the SENIOR MANAGEMENT

Front 22

REFERRENT power=

Back 22

PM’s PERSONALITY POWER

Front 23

Work Authorization system ensures that work is?

Back 23

is done at RIGHT TIME and in proper sequence

Front 24

What is the process of obtaining quotations, bids, and offer?

Back 24

Solicitation.

Front 25

Conflicting priorities in resource assignments – is an issue in?

Back 25

Matrix structure.

Front 26

Scope verification should be done – WHEN A PROJECT is?

Back 26

TERMINATED to determine the extent of the completion

Front 27

Jurans Quality Triology =

Back 27

PLANNING IMPROVEMENT CONTROL

Front 28

When original estimates are flawed then EAC =

Back 28

AC + ETC

Front 29

Who provides the procurement SoW?

Back 29

Buyer

Front 30

UCL : Upper control limit : Is derived from?

Back 30

Random variation

Front 31

ELAPSED TIME is the time?

Back 31

time inclusive of NON working days

Front 32

Outsourcing is a?

Back 32

RISK TRANSFERENCE

Front 33

Sensitivity chart displays sensitivities in?

Back 33

DESENDING ORDER

Front 34

Payment bonds are specifically designed to ensure that the prime contractor provides payment to?

Back 34

Subcontractors, laborers, and sellers of material

Front 35

Definite cost is most or least accurate?

Back 35

Most accurate.

Front 36

Sensitivity Analysis are part of what risk analysis?

Back 36

Quantitative risk analysis.

Front 37

PERT is also?

Back 37

a NETWORK DIAGRAM

Front 38

statistical method that helps identify which factors may influence specific variables of a product or process under development or in production (used in manufacturing)?

Back 38

DESIGN OF EXPERIMENTS

Front 39

A complex project will best fit in?

Back 39

matrix.

Front 40

What is superior to CPM ?

Back 40

PERT

Front 41

What model is related to TEAM MANAGEMENT?

Back 41

Bruce Trukman model

Front 42

The project management team should have a working knowledge of statistical quality control, especially sampling and probability, to help evaluate?

Back 42

quality control outputs

Front 43

What is the DEFINITION FOR CONTROL CHARTS?

Back 43

area consisting of typically three standard deviations on either side of a mean value of a control chart to plot measured values found in statistical quality control

Front 44

Large number of simultaneously performed projects utilizes the same groups of human and other resources – is called?

Back 44

resource pooling

Front 45

The critical chain Method modifies the SCHEDULE to?

Back 45

account for LIMITED RESOURCES

Front 46

A group of related scheduled activities – shown as single aggregate activity for the reporting purpose is known as?

Back 46

HAMMOCK Activity

Front 47

Cost baseline does not include?

Back 47

management reserve

Front 48

SALIANCE GRID is a?

Back 48

Stake holder model

Front 49

As per HERZBERG base Salary is a?

Back 49

HYGINE FACTOR

Front 50

RANK THE IDEAS in BRAINSTOMING is?

Back 50

Nominal group.

Front 51

Cost Performance baseline is represented as?

Back 51

S-curve.

Front 52

Inspections are NOT called?

Back 52

Assessments

Front 53

Inspection are called?

Back 53

reviews, Audits and walkthroughs

Front 54

First time feedback to a team member =

Back 54

Informal verbal (Face 2 Face), second time FORMAL written

Front 55

What is the most critical EVM Metric?

Back 55

CPI.

Front 56

Resource leveling results in?

Back 56

INCREASED PROJECT DURATION

Front 57

Administrative closure should be carried out at the completion of?

Back 57

each phase of the project

Front 58

Measuring Quality of the product against standard is called?

Back 58

Benchmarking

Front 59

The nodes on the AOA diagrams represent completion of the activities and have how much time usage?

Back 59

Zero.

Front 60

Preparing the Financial plan requires?

Back 60

both project Management and Industry specific Skills

Front 61

Statistical sampling for Inspection is used to?

Back 61

reduce the cost of Quality control

Front 62

Seller completes the work as specified, but the buyer is not happy......

Back 62

then the contract is said to be COMPLETE (not closed though)

Front 63

What is the objective of lesions learned documents?

Back 63

continuous Improvement

Front 64

the most important criteria for project selection is?

Back 64

realism

Front 65

Team building is difficult in?

Back 65

A matrix

Front 66

The Pillars of the quality are?

Back 66

DOING It RIGHT – first time and ZERO Defects

Front 67

Project risk is categorized by 3 factors?

Back 67

event, probability and impact

Front 68

Probing, scratching and small bites – are the behaviors of?

Back 68

contract negotiations

Front 69

If you have to look/refer any plan – to respond regarding improving customer satisfaction – you need to look at?

Back 69

QUALITY PLAN

Front 70

An Output for source selection is?

Back 70

A contract.

Front 71

The most preferred leadership style is?

Back 71

Participative leadership

Front 72

What type of model is GERT?

Back 72

System Dynamics model

Front 73

What exhibits slowest rate of change?

Back 73

People

Front 74

Who said QUALITY IS FREE?

Back 74

Philip Crosby

Front 75

An Expressed Warranty is a statement of?

Back 75

characteristics of the product

Front 76

Which questions the functional manager is most likely to ask?

Back 76

WHO WILL DO THE TASK

Front 77

An activity that consumes no time or resources and shows only a dependency is a?

Back 77

DUMMY Activity

Front 78

The practice of ceasing mass inspections and ending awards based on price is credited to?

Back 78

Deming.

Front 79

What percentrage of sales are estimated to be the cost of NON QUALITY?

Back 79

12% - 20%

Front 80

To assimilate through the mind or senses is the process of?

Back 80

Understanding.

Front 81

RISK response of eliminating a threat =

Back 81

RISK AVOIDANCE

Front 82

The stage of the negotiation meeting – when he points of concession is identified =

Back 82

scratch bargaining

Front 83

Completion of PROJECT scope is measured against

Back 83

the plan (not PRODUCT SCOPE)

Front 84

Performance specifications are?

Back 84

measurable

Front 85

Quality control measurements are used to reevaluate and analyze the quality standards and processes and are fed back through:

Back 85

quality assurance

Front 86

The final cost of the project is.......at the start and gets progressively .....as the project continues

Back 86

high, low

Front 87

On large or mega projects the integration is the responsibility of the?

Back 87

PMO

Front 88

If the results fall under customer tolerance then the results are......

Back 88

acceptable to client

Front 89

Benchmarking is a Technique used in what process?

Back 89

QUALITY PLANNING

Front 90

Lessons learned are professional obligation of the?

Back 90

Project Manager

Front 91

The project manager's ability to influence others whose cooperation and support are crucial to the project is called:

Back 91

DE FACTO AUTHORITY

Front 92

Taguci loss function states that.........

Back 92

VARIATION from Target Value Increases, the Loss also INCREASES

Front 93

Withdrawal is the..........preferred method by PM’s

Back 93

least

Front 94

Risk audit documents the effectiveness of?

Back 94

risk responses

Front 95

Triangular distribution = PERT – Relies on Optimistic, Pessimistic and Most likely estimates (in Risk rating) 3 points in a triangle. (already know this)

Back 95

____________

Front 96

Brain storming and Lateral Thinking are used in

Back 96

scope definition for ALTERNATIVES IDENTIFICATION

Front 97

Communications are COMPLEX in

Back 97

Matrix

Front 98

EVM does not play a major role in......

Back 98

Quality management

Front 99

In a FIRM FIXED PRICE, the ______carries the cost risk and the _________ carried the scope risk.

Back 99

Seller carries COST RISK, Buyer carries SCOPE RISK

Front 100

What ensures the receipt of complete proposals?

Back 100

Procurement documents

Front 101

What focuses on how individual team member is performing in the team?

Back 101

Project Performance Appraisal

Front 102

Baseline is established during?

Back 102

Planning

Front 103

Meetings are always classified as?

Back 103

INFORMAL VERBAL

Front 104

Training the team member in GENERAL Skills is the function of the?

Back 104

FUNCTIONAL MANAGER

Front 105

High Standard Deviation is high or low risk?

Back 105

High risk

Front 106

Costs and staffing levels are ______early in the life cycle,________while the project work is underway, and then drop off as the project nears completion.

Back 106

lowest, peak

Front 107

Stakeholder Influence in the project and its deliverables is_____ at the beginning of the project and diminishes as the project proceeds.

Back 107

Highest

Front 108

How do you control unexpected project cost?

Back 108

engage stakeholders early to prevent unnecessary and costly changes later in the project.

Front 109

The primary difference between focus groups and facilitated workshops are that?

Back 109

focus groups are gatherings of prequalified subject matter experts and stakeholders and facilitated workshops consist of cross-functional stakeholders who can define cross-functional requirements.

Front 110

Completion of Project Scope is measured against?

Back 110

the Project Management Plan

Front 111

Completion of PRODUCT scope is measured against?

Back 111

Product Requirements

Front 112

SMART guideline

Back 112

S - Specific; M - Measurable; A - Attainable; R - Realistic; T – Time Specific

Front 113

Control Account may include one or more Work Packages while each work package represents only...

Back 113

one Control Account.

Front 114

Verify scope is primarily concerned with?

Back 114

ACCEPTANCE of deliverables

Front 115

Perform Quality control is done before?

Back 115

Verify scope.

Front 116

Verify Scope: The process of formalizing acceptance of the completed project deliverables. Usually done after?

Back 116

Perform Quality Control.

Front 117

Verify Scope happens at the end of?

Back 117

each phase of the project, the end of the project, and upon delivery of Product/Service/Result.

Front 118

Verify Scope is concerned with______ and Perform Quality Control is concerned with?

Back 118

acceptance, correctness.

Front 119

If the project is cancelled/terminated before completion, what is performed to show where the Project was in relation to the Scope when it ended?

Back 119

Verify scope

Front 120

If we don't receive a final sign off from our customer; we have to escalate the issue to?

Back 120

Senior Management

Front 121

Defining activities is an iterative process performed together by the project manager and the project team member by?

Back 121

further decomposing the WBS work packages

Front 122

Arrow Diagramming Method (ADMs) drawback is that it can only show

Back 122

finish-to-start (FS) relationships

Front 123

In order to show relationships between tasks on different node branches, ADM diagrams use?

Back 123

dummy activities

Front 124

The Arrow Diagramming Method (ADM) creates diagrams known?

Back 124

AOA (activity on arrows)

Front 125

The Precedence Diagramming Method (PDM) creates diagrams known as?

Back 125

Activity on nodes (AON)

Front 126

Resource Calendars specify?

Back 126

WHEN and HOW LONG identified project resource will be available during the project.

Front 127

Bottoms up is Accurate when?

Back 127

Parametric was not given.

Front 128

Resource leveling can cause what?

Back 128

original critical path to change.

Front 129

Life Cycle Costing includes?

Back 129

Acquisition, Operation, Maintenance, and Disposal Costs

Front 130

The Scope Statement provides the? (SCUBA)

Back 130

Scope descriptions, Constraints, user acceptance, boundaries, Assumptions,

Front 131

QUALITY: is defined as?

Back 131

degree to which your project fulfills requirements

Front 132

Design of experiments: is the list of?

Back 132

all the kinds of tests you are going to run on your product

Front 133

Attribute Sampling: is?

Back 133

Binary. It either conforms to quality or it doesn’t

Front 134

Variable Sampling Measures?

Back 134

well something conforms to quality (RANGES).

Front 135

Special Causes are considered?

Back 135

unusual and preventable by process improvement

Front 136

Common Causes are generally

Back 136

acceptable

Front 137

Control Limits are set at_________standard deviations above and below the mean.

Back 137

three. As long as your results fall within the control limits, your process is considered to be in control.

Front 138

Tolerances focus on whether the product is_______while Control Limits focus on whether the......

Back 138

acceptable, process itself is aceptable.

Front 139

Rule of Seven: If seven or more consecutive data points fall on one side of the mean.......

Back 139

they should be investigated. This is true even if the seven data points are within control limits.

Front 140

A company using JIT (just in time) must have?

Back 140

high quality practices.

Front 141

Quality assurance is focused on________not the quality of the deliverables.

Back 141

the process

Front 142

Quality assurance is concerned with________while quality control is concerned with?

Back 142

processes, deliverables.

Front 143

What does a Histogram (Column Chart) show?

Back 143

HOW OFTEN something occurs, or its FREQUENCY (no Ranking).

Front 144

Pareto Charts (80-20 rule):

Back 144

Histogram showing defects RANKED from GREATEST to LEAST.

Front 145

W. Edwards Deming =

Back 145

Plan DO- check- Act. He also developed 14 activities for implementing quality.

Front 146

Who developed the concept of 'Loss Function'?

Back 146

Dr. Genichi Taguchi

Front 147

KAIZEN =

Back 147

process Improvement

Front 148

special causes are considered?

Back 148

preventable

Front 149

Common causes are thus generally considered as?

Back 149

preventable and accepted

Front 150

FORMAL, REWARD, PENALTY are powers derived from?

Back 150

project managers’ position in the company

Front 151

Theory X
Theory Y
Theory Z

Back 151

Theory X - Autoritarion leadership style
Theory Y - Autoritarion Democratic/ Laissez- faire leadership style
Theory Z - Autoritarion Democratic leadership style

Front 152

Sources of Conflict can come from seven main sources, of which the first three account for 50%.....

Back 152

1. Schedule
2. Project priorities
3. resources
4. technical opinion
.
6. Cost
7. Personality

Front 153

Confronting:
Compromising:
Withdrawal
Smoothing:
Forcing:

Back 153

It’s a Win-Win situation
Lose-Lose method
Lose-Leave method
Lose-Yield method
Win-Lose method (Worst way)

Front 154

Salience Model describes?

Back 154

classes of stakeholders based on their Power, Urgency and Legitimacy.

Front 155

Who has the responsibility to make the message clear, complete, and understood?

Back 155

Sender

Front 156

Paralingual communication is the?

Back 156

tone and pitch of your voice when you’re talking to people. If you sound anxious or upset, that will have an impact on the way people take the news you are giving info to.

Front 157

Distribute Information is concerned with?

Back 157

general project information, such as meeting minutes, issues, and correspondence.

Front 158

Report Performance focuses on?

Back 158

performance reporting against baselines, such as scope, schedule, cost, or quality. Report Performance uses time, cost, and related work performance information.

Front 159

According to Kerzner____% of the Project Manager's time is spent communicating".

Back 159

90%

Front 160

The amount of tolerance a person or organization has for risks is referred to as?

Back 160

Utility risk

Front 161

What is a UNILATERAL contract?

Back 161

a special class of contract in which the seller doesn't have to explicitly accept the offer in order for a contract to be established. This is a unilateral contract, and the best example is a purchase order (PO).

Front 162

Administrative closure is?

Back 162

COMPLETE PROJECT Closure - so it can be done only once for project (or) Phase

Front 163

Claims are usually addressed through the?

Back 163

contract change control system

Front 164

100% rule is in the?

Back 164

WBS

Front 165

Journey to Abilene=

Back 165

Committee decisions can have the paradox outcome, that a jointly made or approved decision is not desired by any individual group member. (nobody likes the outcome)

Front 166

Getting collective action from a group of people who may have quite different interests is called?

Back 166

Politics

Front 167

GERT, Graphical Evaluation and Review Technique, allows for?

Back 167

Conditional advancement. GERT allows for branching and loopbacks.

Front 168

Subnets are often included in?

Back 168

in network templates to summarize common activities in a project.

Front 169

allows the project manager to What allows decisions based on conditions outside of the project, best practices, or guidelines?

Back 169

Soft logic.

Front 170

Milestone Schedule can also be called a?

Back 170

master schedule.

Front 171

Fringe benefits are included in____ and are part of?

Back 171

overhead.
are part of indirect costs.

Front 172

Design of experiments use experiments and what type of scenario to determine what variables are affecting quality

Back 172

"What - if" (monte carlo)

Front 173

Having an allowable defect rate is an example of the?

Back 173

cost of non-quality

Front 174

Mentoring is the responsibility of who?

Back 174

project manager

Front 175

Performance issues are whos responsibility?

Back 175

Senior and functional manager.

Front 176

When you must begin work immediately without a procurement statement of work, the most appropriate choice is?

Back 176

Time and materials.

Front 177

Outputs of all 42 Processes will be stored in?

Back 177

PMIS

Front 178

Cause & Effect/Ishikawa/Fishbone Diagrams are also called?

Back 178

5 why techniques

Front 179

Leads and lags are applied as part of what process? On what process are they adjusted?

Back 179

develop schedule

control schedule

Front 180

What does a Zero schedule variance mean?

Back 180

The task is completed.

Front 181

What helps preventing gold plating?

Back 181

Requirement Traceability Matrix

Front 182

What type of estimate may not scale?

Back 182

Parametric estimates.

Front 183

For cost plus contract, ______ is suitable.

Back 183

RFP.

Front 184

What will help build most precise business case?

Back 184

Net present value (NPV)

Front 185

Standard deviation in a chart measures?

Back 185

PRECISION

Front 186

Changing Management Approach based on the team members experience =

Back 186

SITUATIONAL CONTINUUM

Front 187

PMIS resides in?

Back 187

enterprise environmental factors (EEF)

Front 188

What is ARMA (Auto regressive moving average)?

Back 188

An econometric method

Front 189

Is LOI a legal document?

Back 189

No.

Front 190

Can a Project manager be a lead negotiator?

Back 190

No.

Front 191

Work Authorization systems helps in preventing what?

Back 191

Scope creep

Front 192

What diagram illustrates how various factors might be linked to potential problem or effects?

Back 192

Ishikawa or fishbone

Front 193

What is a histogram?

Back 193

A vertical bar chart showing how often a particular variable occurs. Each column represents an attribute or characteristic of a problem/situation. The height of each column represents the relative frequency of the characteristic. This tool helps illustrate the most common cause of problems in a process by the number and relative heights of the bars.

Front 194

What chart uses rank ordering?

Back 194

Pareto charts.

Front 195

What is included in Prevention and appraisal costs (cost of conformance)?

Back 195

costs for quality planning, quality control (QC), and quality assurance to ensure compliance to requirements

Front 196

What is included in Failure costs (cost of non-conformance)?

Back 196

to rework products, components, or processes that are non-compliant; costs of warranty work and waste; and costs due to loss of reputation.

Front 197

Quality management recognizes the importance of?

Back 197

customer satisfaction

Front 198

The project management team should have a working knowledge of what to to help evaluate quality control outputs?

Back 198

statistical quality control, especially sampling and probability

Front 199

What is attribute sampling?

Back 199

the result either conforms or does not conform.

Front 200

What is variables sampling?

Back 200

the result is rated on a continuous scale that measures the degree of conformity

Front 201

Define Perform Quality Assurance?

Back 201

the process of auditing the quality requirements and the results from quality control measurements to ensure appropriate quality standards and operational definitions are used

Front 202

When Quality control is performed?

Back 202

throughout the project

Front 203

Quality checklists are used in what process?

Back 203

the quality control process

Front 204

Failure costs are often categorized into what?

Back 204

internal (found by the project) and and external (found by the customer) AKA cost of poor quality.

Front 205

When checklists are used, the completed checklists become part of what?

Back 205

organizational process assets updates

Front 206

What are the areas to be considered in the process improvement plan?

Back 206

process boundaries, process configuration, process metrics, and targets for improved performance

Front 207

What is a quality audit?

Back 207

structured, independent review to determine whether project activities comply with organizational and project policies, processes, and procedures.

Front 208

The primary benefits of meeting quality requirements include?

Back 208

less rework, higher productivity, lower costs, and increased stakeholder satisfaction

Front 209

Quality metrics are used in what process group?

Back 209

the Perform Quality Assurance and Perform Quality Control processes

Front 210

What is process configuration?

Back 210

graphic depiction of processes, with identified interfaces, used to facilitate analysis

Front 211

Why are affinity diagrams used?

Back 211

to visually identify logical groupings based on natural relationships

Front 212

Root cause analysis is a specific technique used to do what?

Back 212

to identify a problem, discover the underlying causes that lead to it, and develop preventive actions

Front 213

Sample frequency and sizes should be determined during what process?

Back 213

Plan Quality

Front 214

The quality management plan describes what?

Back 214

how the project management team will implement the performing organization`s quality policy

Front 215

Quality attributes refer what?

Back 215

specific characteristics for which a project`s product is designed and tested

Front 216

The cost of preventing mistakes is generally much______than the cost of correcting them when they are found during inspection.

Back 216

lower

Front 217

What are appraisal costs?

Back 217

costs incurred by an organization to assess the quality of the products and services in order to avoid failures.

Front 218

What are prevention costs?

Back 218

costs incurred by an organization to create high quality products in order to avoid failures

Front 219

What is a quality checklist?

Back 219

is a structured tool, usually component-specific, used to verify that a set of required steps has been performed.

Front 220

Control charts are used to determine what?

Back 220

whether or not a process is stable or has predictable performance. Upper and lower specification limits are based on requirements of the contract. They reflect the maximum and minimum values allowed.

Front 221

What is an inspection?

Back 221

examination of a work product to determine whether it conforms to documented standards

Front 222

A process is considered out of control when?

Back 222

a data point exceeds a control limit or if seven consecutive points are above or below the mean. (i.e. 7 points –
4.96, 4.98, 5.01, 5.03, 5.02, 5.01,5.03,5.04, 5.02, 4.96, 4.98, 5.00.)

Front 223

The project management team is a subset of the project team and is responsible for?

Back 223

the project management and leadership activities such as initiating, planning, executing, monitoring, controlling, and closing the various project phases.

Front 224

Who is known as the core, executive or leadership team?

Back 224

Project management team

Front 225

Legitimate Power

Back 225

The ability to gain support, because project personnel perceive the project manager as being officially empowered to issue orders.

Front 226

Reward Power

Back 226

The ability to gain support, because project personnel perceive the project manager as capable of directly or indirectly dispensing valued organizational rewards such as salary, promotion, bonus, and future work assignments.

Front 227

Penalty Power

Back 227

: The ability to gain support, because the project personnel perceive the project manager as capable of directly or indirectly dispensing penalties that they wish to avoid. Penalty power usually derives from the same source as reward power, with one being a necessary condition for the other.

Front 228

Expert Power

Back 228

The ability to gain support, because personnel perceive the project manager as possessing special knowledge or expertise.

Front 229

Referent Power

Back 229

The ability to gain support, because project personnel feel personally attracted to the project manager or her project.

Front 230

When dealing with recognition and rewards, what type of behavior should be rewarded?

Back 230

desirable behavior. Working over-time is considered poor planning and should not be rewarded.

Front 231

What is the most important factor that gets a Project Manager support from the project personnel?

Back 231

Expertise

Front 232

Team members operate best when?

Back 232

their individual levels of authority match their individual responsibilities

Front 233

The organizational breakdown structure (OBS) is arranged according to what?

Back 233

an organization`s existing departments, units, or teams with the project activities or work packages listed under each department

Front 234

What is a subset of the project management plan?

Back 234

Staffing management plan. It describes when and how human resource requirements will be met. can be formal or informal.

Front 235

One tool for charting human resources is what?

Back 235

a resource histogram

Front 236

When is a Responsibility Assignment Matrix used?

Back 236

used to illustrate the connections between work packages or activities and project team members. RACI is an example.

Front 237

What are the enterprise environmental factors that can influence the Develop Human Resource Plan process?

Back 237

: organizational culture and structure, existing human resources, personnel administration policies, and marketplace conditions.

Front 238

RACI chart is a matrix-based chart and work breakdown structure is not a type of organization chart.

Back 238

_____________________

Front 239

The Organizational breakdown structure has what type of format?

Back 239

A hierarchical format

Front 240

Project staff assignments are an output for what?

Back 240

Acquire Project Team

Front 241

The staffing management plan is an output for what?

Back 241

Develop Human Resources Plan process

Front 242

A responsibility assignment matrix (RAM) is used for what?

Back 242

Show the connections between work packages or activities and project team members.

Front 243

A project manager should not delegate what? But what can they delegate? long-range planning, performance appraisals, personal matters, or leadership activities to her subordinates.

Back 243

long-range planning, performance appraisals, personal matters, or leadership activities to subordinates. They can delegate M&C activities.

Front 244

Forming

Back 244

team members meet and agree on goals

Front 245

Storming

Back 245

team members put forth individual ideas ("I am right" mentality) and different ideas compete for consideration

Front 246

Norming

Back 246

team members adjust their behavior to work as a team ("we can work together" mentality)

Front 247

Performing

Back 247

team members are able to function as a unit as they find ways to do the job smoothly and effectively

Front 248

Adjourning

Back 248

team members are disbanded after the task is completed

Front 249

What is a Resource breakdown structure (RBS) and what does it do?

Back 249

a hierarchical structure of resources by resource category and resource type used in resource leveling schedules and to develop resource-limited schedules, and which may be used to identify and analyze project human resource assignments

Front 250

1. Self-actualization

Back 250

doing what one can do best, full realization of potential, self development, creativity

Front 251

2. Self esteem

Back 251

reputation, respect from others, recognition and self-confidence

Front 252

3. Social

Back 252

love, belonging, togetherness, approval, group membership

Front 253

4. Safety

Back 253

economic security, proection from harm, disease and violence

Front 254

5. physiological

Back 254

food, water, clothing, shelter, sleep, sexual satisfaction

Front 255

What do ground rules do?

Back 255

establish clear expectations on acceptable behavior by project team members. Discussing ground rules allows team members to discover values that are important to one another.

Front 256

Who shares responsibility for enforcing the rules once they are established?

Back 256

All project team members.

Front 257

What is the Project team directory?

Back 257

a documented list of project team members, their project roles, and communication information.

Front 258

Roles that undermine project management implementation?

Back 258

Aggressor, Dominator, Devil's advocate.

Front 259

Pre-assignment refers to the project team members selected in advance and is one of the tools and techniques used for what process group?

Back 259

Acquire Project Team

Front 260

The most preferred conflict resolution techniques adopted by project managers (in descending order of preference) are as follows:

Back 260

(CCSFW)
1. Confrontation
2. Compromise
3. Smoothing
4. Forcing
5. Withdrawal

Front 261

Organizational theory provides what?

Back 261

information regarding the way in which people, teams, and organizational units behave.

Front 262

What can organization theory do for a project?

Back 262

shorten the amount of time, cost, and effort needed to create the human resource planning outputs and improve the likelihood that the planning will be effective.

Front 263

Team management involves a combination of what?

Back 263

skills with special emphasis on communication, conflict management, negotiation, and leadership.

Front 264

Why would team members be pre-assigned?

Back 264

This situation could occur if the project was the result of specific people being promised as part of a competitive proposal, if the project was dependent upon the expertise of particular persons, or if some staff assignments were defined within the project charter.

Front 265

What is increasingly important in a virtual team environment?

Back 265

Communication planning

Front 266

What can reduce the amount of conflict?

Back 266

Team ground rules, group norms, and solid project management practices like communication planning and role definition

Front 267

When managed properly, differences of opinion can lead to what?

Back 267

to increased creativity and better decision making

Front 268

What provides stakeholder communications requirements?

Back 268

The communication management plan.

Front 269

In the Distribute Information process, what is one of the inputs to be used for distributing information to the stakeholders?

Back 269

performance reports

Front 270

The Report Performance process involves what?

Back 270

collecting and distributing performance information, including status reports, progress measurements and forecasts to the relevant stakeholders.

Front 271

What determines the information needs of the project stakeholders?

Back 271

The analysis of the communication requirements.

Front 272

Project reports include what?

Back 272

formal and informal project reports that describe project status, documents like lessons learned, issue logs, project closure reports, and outputs from other knowledge areas.

Front 273

Effective Information Distribution includes?

Back 273

meeting management techniques, preparing an agenda and dealing with conflicts.

Front 274

What is noise?

Back 274

anything that interferes with the transmission and understanding of the message (e.g., distance).

Front 275

Acknowledgment of a message only signals what?

Back 275

receipt of the message, not agreement with it.

Front 276

Formal communication =

Informal communication =

Back 276

(reports, briefings, memos )

(email, ad hoc conversations)

Front 277

Internal communication =

External communication =

Back 277

(within the project)

(customer, other projects, media, public)

Front 278

Vertical communication =

Horizontal communication =

Back 278

(up and down the organization)

(with peers)

Front 279

Official communication =

Unofficial communication =

Back 279

(newsletters, annual reports)

(off the record communications)

Front 280

Verbal and non-verbal communication =

Back 280

(body language and voice inflections)

Front 281

Unresolved issues can be what?

Back 281

a major source of conflict and project delays.

Front 282

Who is responsible to managing stakeholder expectations?

Back 282

Project Manager

Front 283

Performance reports are the output from what process group?

Back 283

Report Performance process and not from Distribute Information process.

Front 284

What will you not include in the lessons learned documentation?

Back 284

Positive AND negative lessons learned. Not just positive and not just negative.

Front 285

What is a tool used to identify stakeholders and their interests?

Back 285

stakeholder analysis

Front 286

is the process of determining the INFORMATION NEEDS of the stakeholders and defining the communication approach to satisfy those needs?

Back 286

Plan Communications

Front 287

Identify stakeholders identifies what?

Back 287

(people or organizations) impacted by the project and document relevant information on their interests, involvement, and impact on the success of the project.

Front 288

What communication methods are used for distributing information?

Back 288

like individual and group meetings, video and audio conferences, instant messaging, and other remote communication methods

Front 289

During the project life cycle, the project team and key stakeholders identify?

Back 289

identify lessons learned concerning all aspects of the project

Front 290

What tools and techniques used for Report Performance process?

Back 290

communication methods like status review meetings

Front 291

What tools and techniques used in the Identify Stakeholder process?

Back 291

stakeholder analysis and expert judgment

Front 292

Actively managing the expectations of stakeholders to increase the likelihood of project acceptance by negotiating and influencing their desires to achieve and maintain project goals.

Back 292

Addressing concerns that have not become issues yet, usually relates to the anticipation of future problems. These concerns need to be uncovered and discussed.

Front 293

Forecasting methods may be classified into different categories such as?

Back 293

time series, causal/econometric, and judgmental methods; other methods may include simulation, probabilistic forecasting, and ensemble forecasting

Front 294

The best way to manage COMPLEX COMMUNICATIONS, such as contracts, through?

Back 294

formal written communication

Front 295

What are the outputs for the Identify Stakeholders process?

Back 295

stakeholder register and stakeholder management strategy.

Front 296

Usually, updates are outputs of which of the 5 process groups?

Back 296

Monitoring and Controlling

Front 297

What is Stakeholder analysis?

Back 297

process to gather and analyze quantitative and qualitative information to determine whose interests should be taken into account throughout the project. It identifies the interests, expectations, and influence of the stakeholders and relates them to the purpose of the project.

Front 298

Power/interest grid

Back 298

grouping the stakeholders based on their level of authority (power) and their level or concern (interest) regarding the project outcomes;

Front 299

Power/influence grid

Back 299

grouping the stakeholders based on their level of authority (power) and their active involvement (influence) in the project;

Front 300

Influence/impact grid

Back 300

grouping the stakeholders based on their active involvement (influence) in the project and their ability to effect changes to the project`s planning or execution (impact)

Front 301

Salience model

Back 301

describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate)

Front 302

The main output of the Identify Stakeholders process?

Back 302

the stakeholder register. This contains all details related to the identified stakeholders.

Front 303

What is included in the Stakeholder register?

Back 303

- Identification information: Name, organizational position, location, role in the project, contact information;
- Assessment information: Major requirements, main expectations, potential influence in the project, phase in the life cycle with the most interest; and
- Stakeholder classification: Internal/external, supporter/neutral/resistor.

Front 304

The decision tree is a diagram that describes what?

Back 304

a decision under consideration and the implications of choosing one or another of the available alternatives. It helps to determine which decisions yields the greatest expected value.

Front 305

What is the most common active acceptance strategy?

Back 305

to establish a contingency reserve, including amounts of time, money, or resources to handle the risks.

Front 306

Define Perform Quantitative Risk Analysis....

Back 306

the effect of identified risks on overall project objectives.
Triggers are sometimes called risk symptoms or warning signs.

Front 307

The risk management plan includes the following:

Back 307

methodology, roles and responsibilities, budgeting, timing, and risk categories.

Front 308

When are Avoided, transferred, mitigated, and accepted (ATM-A, negative risks) done?

Back 308

after planned risk response.

Front 309

When are Risk audits, reserve analysis, and technical performance measurements performed?

Back 309

AFTER Monitor and Control risk

Front 310

In what process are Risk audits, triggers done?

Back 310

Identify risks

Front 311

Simulation is not a tool or technique for what risks process group?

Back 311

Planned risk responses

Front 312

Risk audits examine and document what?

Back 312

document the effectiveness of risk responses in dealing with identified risks and their root causes, as well as the effectiveness of the risk management process.

Front 313

In status meetings to discuss risk management issues, is there a fixed amount of time?

Back 313

No.

Front 314

What is a tool used during the Monitor and Control Risks process?

Back 314

Status meetings.

Front 315

What are the information gathering techniques used in the Identify Risks process?

Back 315

Brainstorming, Delphi technique, interviewing, and root cause analysis

Front 316

Monitor and Control Risks is the process of what?

Back 316

of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project.

Front 317

When can you not make a decision to continue or proceed with a project?

Back 317

When the EMV is 0.

Front 318

What is the risk register?

Back 318

document that includes a list of identified risks and a list of potential responses.

Front 319

What is needed to bring the risk of overrunning stated project objectives to a level acceptable to the organization?

Back 319

Contingency reserves

Front 320

Triggers may be discovered in the_______ process and watched in the________.

Back 320

identify risk, monitor and control risk.

Front 321

What is the Plan Risk Responses process?

Back 321

of developing options and actions to enhance opportunities and to reduce threats to project objectives.

Front 322

What is an S-curve?

Back 322

a graphic display of cumulative costs, labor hours, percentage of work, or other quantities, plotted against time.

Front 323

What are the risks in a Utility function?

Back 323

Seeker, Averter, Neutral.

Front 324

What is the output from the Plan Risk response process?

Back 324

updates to the Risk register.

Front 325

Risks judged to be of low priority are included what?

Back 325

A watchlist and revisted periodically.

Front 326

Beta Distribution and Triangular distribution are two examples of widely used what?

Back 326

continuous distributions

Front 327

Probability and impact are used in what process group?

Back 327

Perfrom qualitative risk analysis.

Front 328

What involves changing the project management plan to eliminate the threat entirely?

Back 328

Risk avoidance, the most extreme avoidance strategy is to shut down the project entirely.

Front 329

Warranties and bringin on a partner for a project are what types of risks methods?

Back 329

Risk transfer

Front 330

The most common active risk acceptance strategy?

Back 330

establish a contingency reserve, including amounts of time, money, or resources to handle the risks.

Front 331

Work around plan are what?

Back 331

No planned responses.

Front 332

Fallback plans are used if what happens?

Back 332

A planned risk response does not work.

Front 333

What exhibits the greatest resistance to change?

Back 333

People.

Front 334

Preparing a financial plan will require:

Back 334

Both project management and industry specific skills

Front 335

True of false: All project life cycles are usually identical.

Back 335

false. They are not identical.

Front 336

You have been managing a project to construct an overpass on Interstate 10. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase?
1. Formal phase completion necessarily includes authorization for the subsequent phase.
2. A project phase can be closed with a decision not to initiate the subsequent phase.
3. A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage.
4. All deliverables in the project phase should correspond to the project management process

Back 336

A project phase can be closed with a decision not to initiate the subsequent phase.

Front 337

True of false: Ability of the stakeholders to influence final characteristics of the project`s product increases as the project progresses.

Back 337

Fasle: It decreases.

Front 338

You are working as a portfolio manager responsible for managing what?

Back 338

Projects, programs AND operations.

Front 339

Full-time project managers do not exist in what type of Matrix?

Back 339

A weak matrix. W weak Matrix will have project coordinators and/or expeditors.

Front 340

As a project manager, you have identified the stakeholders of your project. What should you do NEXT?

Back 340

Create Stakeholder Register

Front 341

You are working as a project manager. You are in the process of defining and documenting stakeholders` needs to meet project objectives. What documents are you going to use for this purpose?

Back 341

Project charter and stakeholder register

Front 342

Collectively, project phases are also called:

Back 342

A Project life cycle

Front 343

You are the project manager in a company, which has a balanced matrix organizational structure. Who do you report to?

Back 343

Functional Manager

Front 344

You are working as a coordinator in an organization where decisions are primarily made by the senior management. The structure of the organization you are working in is:

Back 344

Weak Matrix
Weak matrices maintain many of the characteristics of a functional organization, and the project manager`s role is more that of a COORDINATOR or expediter than that of a true project manager.

Front 345

The dictionary meaning of authority is "power to influence or command thought, opinion, or behavior.” Your authority as a project manager is greatly dependent on:

Back 345

Organizational structure

Front 346

At what stage of the project are factors like probability of successfully completing the project, cost of changes, and cost of error correction, the highest?

Back 346

The end.

Front 347

Factors that decrease with project duration then decrease when project nears completion:

Back 347

•Cost of project
•Staffing levels

Front 348

The process groups are seldom either discrete or one-time events; they are overlapping activities that occur throughout the project.

Back 348

_________________________

Front 349

Product-oriented processes help in creating what?

Back 349

the project`s product

Front 350

Report Performance(M and C) is the process of what?

Back 350

collecting and distributing performance information, including status reports, progress measurements, and forecasts.

Front 351

Verify Scope is the process of what?

Back 351

formalizing acceptance of the completed project deliverables.

Front 352

What are outputs of the Close Project or Phase?

Back 352

Final product, service, or result transition, organizational process assets updates

Front 353

Accepted deliverables are its inputs to what?

Back 353

Clsoe project or phase.

Front 354

Releasing of project resources should happen at the very end of what?

Back 354

Close project or phase process

Front 355

Collect Requirements is the process of what?

Back 355

defining and documenting stakeholders` needs to meet the project objectives.

Front 356

Which tools and techniques do you use to process the request through "Perform Integrated Change Control" process?

Back 356

Expert judgment and change control meetings.

Front 357

When does the project manager review prior phase documentation and customer acceptance documentation from the Verify Scope process?

Back 357

Close Project or Phase

Front 358

Your job requires that you allocate work to others and ensure that the work is done on time. The tool you use is:

Back 358

Work Authorization System. It is a collection of formal documented procedures that define how the project work is authorized to ensure that work is done by the identified organization, at the right time, and in proper sequence.

Front 359

You are the project manager in an aircraft manufacturing company developing a new range of supersonic fighter planes. Since government approval and involvement are essential, you hire a lobbying firm to get government support to prevent unnecessary changes in your project. Which process is this an example of? What part of the Integration process?

Back 359

Perform Integrated Change Control includes... influencing those factors that circumvent integrated change control so that only approved changes are implemented.

Front 360

Which factor does not have any impact on the design of the project organization?

Back 360

Schedule limitations will not influence organizational design.

Front 361

What ensures good communication between the different project interfaces and team members?

Back 361

Communication management plan. It is essential for project integration.

Front 362

In the contract document of the project, the time schedules and deliverables in each phase are clearly stipulated. From a project management perspective, this is:
Constraint

Back 362

When a project is performed under a contract, contractual provisions will generally be constraints.

Front 363

The aggregation of the processes, tools, techniques and methodologies to manage a project is referred to as:

Back 363

Project management system

Front 364

Frequent change requests to the project scope will not impact the project charter.

Back 364

_________________________

Front 365

Product management plan

Back 365

PMBOK does not define product management plan

Front 366

Corrective action is documented direction for what?

Back 366

executing the project work to bring projected future performance in line with the project management plan.

Front 367

You are the project manager for a project, which is being managed under a contract. You receive a change request from the buyer involving a government regulation. What should you do FIRST?

Back 367

Open up a change control.
Since the change request pertains to a government regulation and the project is being managed as part of a contract, it is mandatory to implement the change.

Front 368

Monitor and Control Project Work is the process of what?

Back 368

tracking, reviewing, and regulating the progress to meet the performance objectives defined in the project management plan.

Front 369

You are managing a small project with five team members working part-time. At the beginning of every week, you orally allocate work to all the team members. This is an example of:

Back 369

Work Authorization System.
A work authorization system is a collection of formal documented procedures that specifies how project work is authorized to ensure that work is done by the identified organization at the right time and in the proper sequence.

Front 370

A proposed schedule change will often affect what?

Back 370

cost, risk, quality, and staffing

Front 371

The Monitor and Control Project Work process is concerned with what?

Back 371

comparing actual (not expected) performance against the project management plan.

Front 372

What is contained in the business case to justify a project?

Back 372

business need and the cost-benefit analysis. Not just the cost benefit analysis.

Front 373

Which deliverables were produced from a terminated project?

Back 373

Project closure documents

Front 374

As a project manager, your key responsibility is to:

Back 374

Perform project integration and uphold the project`s interest.

Front 375

Direct and Manage Project Execution also requires implementation of what?

Back 375

approved changes covering corrective and preventive actions and defect repair.

Front 376

What is Corrective action?

Back 376

Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.

Front 377

The PMIS, part of organizational or environmental process assets?

Back 377

Environmental (EPA)

Front 378

What is preventive action?

Back 378

A documented direction to perform an activity that can reduce the probability of negative consequences associated with project risks.

Front 379

Where are assumptions and constraints defined?

Back 379

Scope statement.

Front 380

You are in the Close Project or Phase of the project. You finalize all activities across all the project management process groups to formally complete the phase. You also update documents, such as project management plan, scope management plan, cost management plan, etc. that are generated from project`s activities. These documents are also referred to as:

Back 380

The project or phase closure documents, consisting of formal documentation that indicates completion of the project or phase and transfer of the completed project or phase deliverables to others, such as an operations group or to the next phase.

Front 381

Corrective action, preventive action, defect repair, and requested changes are now under the general term?

Back 381

Change requests.

Front 382

Management by objectives is a systems approach for what?

Back 382

aligning project goals with organizational goals, project goals with the goals of other subunits of the organization, and project goals with individual goals.

Front 383

What scope creep mean?

Back 383

Uncontrolled changes.

Front 384

Quality Control is generally performed before ________, but can be performed in parallel with what?

Back 384

Verify scope

Front 385

The scope statement provides what?

Back 385

A documented basis for making future project decisions.

Front 386

You need to verify whether deliverables meet requirements and product acceptance criteria. For this purpose, what would you rely on? Not a process group.

Back 386

Inspection. Inspection includes activities such as measuring, examining, and verifying to determine whether work and deliverables meet requirements and product acceptance criteria.

Front 387

If a customer accpets the deliverables and down the road decides that they do not like the product, what is the first thing you should do?

Back 387

Review the Verify Scope Process.

Front 388

You would have to do product reviews, audits, and walkthroughs. These activities are carried out in which process?

Back 388

Verify scope. It includes inspection. Inspections are also called reviews, product reviews, audits, and walkthroughs.

Front 389

Value addition, usually, is a result of what?

Back 389

implementation of change requests.

Front 390

Excessive decomposition can lead to what?

Back 390

non-productive management effort, inefficient use of resources, and decreased efficiency in performing the work.

Front 391

In your project, while doing scope verification of the product, the customer points out that a particular work component performed by a team member is not as per specification. You review the project WBS and confirm that the customer is correct. What would be your NEXT step?

Back 391

first review the requirement, contained in the project WBS, with the particular team member.

Front 392

What is brainstorming?

Back 392

A technique used to generate and collect multiple ideas related to project and product requirements.

Front 393

You are a project manager in a manufacturing company. You are developing a new product. In this context, you are conducting requirements workshop for the stakeholders to determine the product`s critical characteristics. Which technique would you use for this purpose?

Back 393

Quality Function Deployment (QFD) is an example of a facilitated workshop technique that helps determine critical characteristics for new product development. Used in manufacturing.

Front 394

You are managing the changes made to the scope baseline. The causes of variances and the reasoning behind the corrective action chosen should be included in:

Back 394

Organizational process assets updates

Front 395

You have recently joined as the project manager of ABC Company. You notice that the customers are getting frequent change requests implemented by informally approaching the team members. This has resulted in work disruption and discontent among team members. What should be your FIRST priority to remedy the situation?

Back 395

Ensure proper project scope control

Front 396

Decomposition is a valuable tool for Create WBS process. However, decomposition may not be possible for a deliverable or subproject if:

Back 396

The deliverable or subproject will be accomplished far into the future.

Front 397

Create WBS process happens after what?

Back 397

A Requirements Management Plan is created.

Front 398

What is work performance information?

Back 398

Information about project progress, such as which deliverables have started, their progress, and which deliverables have finished.

Front 399

When should the customer verify the deliverables?

Back 399

At the end of each phase, not just at the end of the project.

Front 400

The project charter provides what?

Back 400

high-level project description and product characteristics

Front 401

Different deliverables can have what?

Back 401

different levels of decomposition

Front 402

In your project, you are creating documents that will define the product or report status on product completion. These can also be referred to as:

Back 402

Project documents

Front 403

Verify scope is concerned with what?

Back 403

with acceptance of the deliverables

Front 404

Qualilty control is concerned with what?

Back 404

with correctness of the deliverables, processes, and meeting the quality requirements

Front 405

Where is variance analysis conducted?

Back 405

Control scope.

Front 406

Collect Requirements is the process of what?

Back 406

defining and documenting stakeholders` needs to meet the project objectives.

Front 407

Unanimity
Majority
Plurality
Dictatorship

Back 407

Unanimity. Everyone agrees on a single course of action.
Majority. Support from more than 50% of the members of the group.
Plurality. The largest block in a group decides even if a majority is not achieved.
Dictatorship. One individual makes the decision for the group.

Front 408

Define facilitated workshops/

Back 408

Requirements workshops are focused sessions that bring key cross-functional stakeholders together to define product requirements. Are considered a technique for reconciling stakeholder differences. Facilitated sessions can build trust and improve communication among the participants. Issues can be discovered and resolved more quickly than in individual sessions.

Front 409

Graphical evaluation and review (GERT) techniques are similar to what?

Back 409

PERT, but have the distinct advantages of allowing for looping, branching, and multiple project end results.

Front 410

You are in the test phase of your software project, and the project sponsor has requested a definitive estimate of when your project will be completed. The most likely estimated duration is 30 days. Which of the following duration estimations will you give to your sponsor?

Back 410

29 - 31 days
Multiply. 30 x .5 or.10 Anywhere in this area fits the criteria.

Front 411

What can be used to identify the person responsible for executing the work, geographic area, or place where the work has to be performed, and activity type such as level of effort (LOE), discrete effort, and apportioned effort (AE).

Back 411

Activity attributes

Front 412

Milestone charts are similar to bar charts, but........

Back 412

milestone charts only identify the scheduled start or completion of major deliverables and key external interfaces.

Front 413

What are used for schedule development and for selecting, ordering, and sorting the planned schedule activities in various ways within reports?

Back 413

Activity attributes

Front 414

If tasks are not on the critical path of the project, we cannot determine what kind of estimate?

Back 414

Determine the PERT estimate for the duration of the project.

Front 415

The PERT estimate can only be calculated for what?

Back 415

The PERT estimate can only be calculated for

Front 416

In Develop Schedule process, planned start and finish dates for project activities are determined by what?

Back 416

activity attributes, project scope statement, and activity list.

Front 417

What is included in the activity list?

Back 417

the activity identifier and a scope of work description for each activity in sufficient detail to ensure that project team members understand what work is required to be completed.

Front 418

What is the PERT estimate for the duration of a project?

Back 418

The sum of PERT estimates for the three tasks.

Front 419

Networks can have multiple what?

Back 419

near critical paths.

Front 420

Order of magnitude is also called what?

Back 420

Rough Order of Magnitude. In the initiating phase. +/- 50%.

Front 421

Estimate Activity Resources is the process of estimating the type and quantities of material, people, equipment, or supplies required to perform each activity. What is a tool to used in this process?

Back 421

Alternative analysis.

Front 422

Standard deviation is a measure that determines what?

Back 422

determines the probability of getting a result. it is a good indicator of the probability of completing the task on time.

Front 423

Decomposition is a tool used in what process?

Back 423

Define activities.

Front 424

If the number of critical paths increases in the project, what happens to the risk?

Back 424

it goes up and requires additional risk planning.

Front 425

The Control Schedule process is concerned with what?

Back 425

determining the current status of the project schedule, influencing the factors that create schedule changes, determining that the project schedule has changed, and managing the actual changes as they occur.

Front 426

Sequence Activities is the process of what?

Back 426

identifying and documenting relationships among the project activities.

Front 427

Before you take corrective measures, always determine the impact.

Back 427

_________________________

Front 428

What are the inputs for the Sequence Activities process?

Back 428

Activity list, activity attributes, milestone list, project scope statement and organizational process assets

Front 429

The Estimate Activity Resource process is closely coordinated with what process group?

Back 429

Estimate cost.

Front 430

Why should discretionary dependencies should be fully documented?

Back 430

they can create arbitrary total float values and can limit later scheduling options.

Front 431

The Define Activities process defines the final outputs as activities rather than deliverables, as done in the Create WBS process.

Back 431

_________________________

Front 432

In your project, you wish to monitor the status of the project to update project progress and manage changes to the schedule baseline. What would you use?

Back 432

Performance reviews is a technique used in Control Schedule process. It measures, compares, and analyzes schedule performance.

Front 433

Risk or uncertainty increases when there is greater difference between what?

Back 433

optimistic and pessimistic estimates.

Front 434

Determine Budget is the process of what?

Back 434

the estimated costs of individual activities or work packages to establish an authorized cost baseline.

Front 435

Control Costs is the process of what?

Back 435

monitoring the status of the project to update the project budget and managing changes to the cost baseline. `Budget forecasts` is one of the outputs obtained from this process.

Front 436

Calculate the to-complete performance index of your project, based on EAC, when the actual cost of your project is $200,000, cost variance of your project is $25,000 and the budget at completion of your project is $350,000. You can stop once you obtain the CPI.
1.125

Back 436

_________________________

Front 437

Determine Budget is the process of what?

Back 437

aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Resource calendars are inputs to this process.

Front 438

Estimate Costs is the process of what?

Back 438

developing an approximation of the monetary resources needed to complete project activities. Cost trade-offs and risks must be considered, such as make versus buy, buy versus lease, and the sharing of resources in order to achieve optimal costs for the project.

Front 439

In your project, you want to define variance thresholds at the designated time points over the duration of a project. So, you should use:

Back 439

Control thresholds

Front 440

In a fixedf price contract, is the profit known at the time of contract signing?

Back 440

No. Only the fixed price is determined.

Front 441

What is a hybrid of Fixed price and cost-reimburseable contracts?

Back 441

Time and Materials.

Front 442

If it is a non core item, it may make sense to consider what?

Back 442

outsourcing as an option, as it may be cheaper than making the item in-house.

Front 443

What is correspondence?

Back 443

Contract terms and conditions often require written documentation of certain aspects of buyer/seller communications, such as the need for warnings of unsatisfactory performance and requests for contract changes or clarification. This can include the reported results of buyer audits and inspections that indicate weaknesses the seller needs to correct.

Front 444

In cost plus fixed fee contracts (CPFF), the seller is_________for all allowable costs for performing the contract work, and receives a fixed fee payment calculated as a percentage of the initial estimated project costs.

Back 444

reimbursed. Fee amounts do not change unless the project scope changes.

Front 445

Significant differences in cost estimates can be an indication of what?

Back 445

the procurement statement of work was deficient, ambiguous, and/or that the prospective sellers either misunderstood or failed to respond fully to the procurement statement of work.

Front 446

The objective of a procurement audit is to what?

Back 446

identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts on the project, or on other projects within the performing organization.

Front 447

(Don’t forget the Output of the Procurement Process, go over them)

Back 447

_________________________

Front 448

In your new project, you have to provide a critical deliverable within five months and do not have time to go through the Conduct Procurements process. You decide to sign a contract with a supplier with whom your company has done some work in the past. The risk you are accepting in this situation is:

Back 448

The risk here is that even though the supplier has worked with the company in the past, they may not have the required skills for the current project. (Have already gone through the PSOW).

Front 449

PTA equation

Back 449

((ceiling price - target price)/buyers ratio) + target cost

Front 450

Fixed price equation

Back 450

target cose - AC = ?
? x sellers ratio = ??
?? + target fee = final fee
final fee + AC = final cost

Front 451

What is a Teaming agreement?

Back 451

The effort of the buyer and the seller in this process is to collectively prepare a procurement statement of work that will satisfy the requirements of the project. The parties will then negotiate a final contract for award.

Front 452

A fixed-price, incentive-fee contract provides for incentive to who?

Back 452

the seller to decrease costs and increase profits. Both the buyer and the seller share in the risks and savings.

Front 453

What are the tools in the administer procurements process?

Back 453

• Payment systems • Performance reporting • Inspections and audits

Front 454

What are the tools in the conduct procurement process?

Back 454

Procurement negotiations, bidder conferences, advertising, and independent estimates

Front 455

Mostly, procurement projects are terminated, because of what?

Back 455

the company objectives differ from the objectives of the project.

Front 456

Point of total assumption refers to what?

Back 456

point where the costs have to be incurred by the seller herself when they have exceeded the ceiling limits stipulated in the contract. Hence, share ratio ceases to exist.

Front 457

In firm fixed price equation, if final fee is higher than maximum fee, use maximum fee instead.

Back 457

_________________________

Front 458

Statement of work is provided by_____________in case of internal projects, but for external projects, it is provided by

Back 458

sponsor (internal), customer (external)

Front 459

Procurement statement of work is developed from what?

Back 459

Project scope baseline, NOT scope statement.

Front 460

Who has the responsibility to make certain that all procurements meet the specific needs of the project?

Back 460

Project Management team

Front 461

In your project, you use a specific set of processes and automation tools to manage contract and procurement documentation. What is this called?

Back 461

Records management

Front 462

When do yuo use overall life-cycle cost as a selection criterion?

Back 462

when the project requires selection of a seller who produces the lowest total cost of ownership.

Front 463

When are references used as a selection criterion?

Back 463

when the project is of utmost importance and requires the seller to possess impeccable track record of successfully completing similar projects.

Front 464

When is Production capability and interest used as a selection criterion?

Back 464

used when the project requires selection of a seller who has the capability and interest to meet the potential future requirements.

Front 465

Can legal contracts be INFORMAL?

Back 465

No.

Front 466

In Cost Plus Award Fee contracts (CPAF), the seller is reimbursed for all legitimate costs, but the majority of the fee is only earned based on the satisfaction of certain broad subjective performance criteria defined and incorporated into the contract.

Back 466

The determination of seller performance by the buyer, generally, is not subject to appeals.

Front 467

Due to varying organizational structures, many organizations treat contract administration as what?

Back 467

administrative function separate from the project organization.

Front 468

Are project reports information distribution tools?

Back 468

No.