A
A construction manager posted a large sign requiring all visitors to the worksite wear a fluro jacket, hard hat and safety glasses to avoid accidents. What is this construction manager doing to manage risks: Risk mitigation
An advantage of a fixed-price contract for the customer is The seller takes the cost risk
A business objective best suited for execution as a project smight be: addressing current user complaints
A critical path is shown on what project management tool: Network Diagram
A contracts statement of work (sow) should contain: All of these are elements of a statement of work.
A good servant-leader _______ and puts the needs of others first and helps people develop and perform as best possible. shares power
A major characteristic of scope validation is: Customer/client acceptance of project deliverables
A warranty period is often provided by the project after the delivered product/ solution has been accepted because: There can be errors or defects discovered in operations
A foundation concept in Project Management is the Triple- Constraint which attempts to balance: Scope - Cost - Schedule
A project is best described as: A temporary endeavour undertaken to create a unique product, service or result
A Work Breakdown Structure (WBS) is a: A task- or deliverable-oriented hierarchy of activities
A project management plan is best described as: A formal, approved document that defines how the project will be executed, monitored and controlled
A key for developing bottom-up project cost estimates is to: evaluate the costs for the project on a work package and task basis.
A Project Manager learns that it took three days to level and prepare a one-acre site for the foundations of a building and therefore estimates it would take six days to prepare the two-acre site she is working on currently. The estimation technique used here is known as: Parametric estimating
A Project Manager learns that it took two weeks for marketing brochures to be printed for a previous event, so estimates it will also take two weeks for the printing of the brochures for a planned event. This estimation technique is known as: Analogous estimating
A Post Implementation Review (PIR) is conducted: All of these answers are correct
A Lessons Learned report is used for: Providing historical records for use by future project managers
A software developer working on a project reports that it is likely to take him 14 days to complete his assigned task. He says that with some luck it could be done in as few as 11 days, but there is a possibility that it could take as much as 23 days. What is the likely time for his completion using a PERT estimate? 15
A leader with a coaching style of leadership is most likely to: Develop people for the future
A leader with a pace-setting style of leadership is most likely to: Set high standards for performance
A Kanban Board is best described as: A technique for visually tracking task
A method for conducting risk identification that consolidates the judgments of isolated anonymous respondents is: the Delphi method
A leader with a democratic style of leadership is most likely to: Forge consensus through participation
A _________ identifies the roles of the parties tasked with performing project activities in a tabular format. A RACI matrix
A method for conducting risk factor identification that generates ideas but doesn’t focus on decision making is: a brainstorming meeting
A Request for Tender (RFT) would be best used for procurement that needed to be: Transparent and fair
An earned value analysis does NOT show: the reason an activity has slipped
An individual's Project Management capabilities can be assessed using the PMI's Talent Triangle. What is a common way of assessing an organization's Project Management capabilities? The five levels of the PM Capability Maturity Model
An advantage of a fixed price contract for the customer is: The seller takes the cost risk
Analogous estimating when applied to a duration is: Used when there is a limited amount of detailed information available.
B
Business Strategy can be compared to a cruise-missile because: It must continuously assess its position and recalibrate its path to the target-state
D
During a project team meeting a team member suggests an enhancement to the scope of work that is beyond the scope of the project charter. The project manager rejects it, pointing out that the team instead needs to concentrate on completing all the work and only the work required. This is an example of: Scope management and control
During the Conduct Procurements process, the procuring organization found that there were significant differences in the pricing by different sellers. What is the best course of action in such a scenario?
Investigate whether the project statement of work was defective or ambiguous
E
Estimating the work packages/ activities for a new project is: Always difficult/ challenging
Earned Value Management is a method of measuring the actual work accomplished compared to the authorized budget for that work.Thus it aims to measure a project's progress in terms of its: Scope
F
Float or slack refers to: Amount of time a schedule activity may be delayed from its early start without delaying the project finish date
Formal change control is an important part of scope management and should commence: Only after the project plan is baselined and signed-off
Fred Knievel took out a substantial life insurance policy before he began his trek across Antarctica in his Toyota. Doing so enabled him to: transfer risk.
I
In the following S-curve, the solid line is the actual project cost and the dashed line is the cumulative budgeted cost. Using this data choose the best statement. With regards to budget, the project starts badly over budget but finishes well
In the Power-Interest Grid below which of the project stakeholders would you advise the PM to spend the most time with? B+C
In the Power-Interest Grid below which of the project stakeholders would you advise the PM to keep regularly informed of project activities without expending too much effort? A+E+F
Including a cost contingency reserve in the project budget is intended to: Reduce the probability of a cost overrun.
In the "Three Time Horizons" strategic framework developed by Mckinsey consultants, which time horizon would you expect "Business Operations" to have its focus? Horizon 1
In Mazlow's Hierarchy of Needs (https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs) , which level of the hierarchy would you position: Food & Drink? Physiological
Improving an organization's Project Management capabilities can be viewed as going up a ramp. What best describes the triangular wedge preventing the (circle representing) process improvement from rolling back down the ramps? Standardized Processes
In Scrum, the Scrum Master role is closest to:The role of a facilitator ensuring processes are followed
In Scrum, the Sprint Retrospective is like the traditional Post Implementation Review(PIR) conducted as part of project closure, except that: A Retrospective is conducted at the end of each sprint or iteration
If you have a very large and complex product and do not have the time and manpower to test all of its different functions. which quality control method would you use to test it? Statistical sampling
If procurement was looking to establish a long-term, outsourcing arrangement, it would be best to setup a: Risk-sharing arrangement
Inspection and testing of a product is an example of: Quality control
In Mazlow's Hierarchy of Needs e , which level of the hierarchy would you position: Friends & Family? Love/ Belonging
O
One thing you can be sure of about estimating is: That the estimate will always be wrong
P
Project status is often reported in terms of a "Traffic Lights" report, also know as a RAG report. What does the letters of the acronym stand for? Red - Amber – Green
Projects are now recognized as a means of achieving Strategic Execution, but that requires that projects are: Aligned with the strategy
Q
Qualitative monitoring of a project involves: Seeking honest information from project team members
Quality Assurance relates to which of the following: Processes and standards
R
Rearranging resources so that a more constant or even number of resources are used each week or month is called: Resource Levelling
S
Select which of the following is the best cure for scope creep is: Clearly identify what work will be completed and what work will not be included and then follow a change request process
Select the BEST description of the relationship between the Project and the Product: Projects often deliver products
Senior management is deciding whether or not to take on a project. They tell you that they are most concerned with the point in time when they will start making a profit on their investment. This is best described as the: Payback period
Skilled Human Resources needed to execute a project could be hired directly by a company or procured via outsourcing/ contract arrangements. A company might choose to procure expert skills for a project when the required skills and capabilities are: are in short supply
T
The Delphi technique has all of the following characteristics except: It is an Oracle database application used to optimize future outcomes.
The probability that a project will overrun its allocated duration is: schedule risk
The expression, "it's the planning, not the plan" tries to make clear that the thinking that takes place in the planning process is more important the document that is produced. Which of the following is NOT correct? Once the plan has been developed everyone needs to follow the plan
The firm allocated a little extra money just in case an unforeseen element of cost pushed the project beyond what they had budgeted. This extra money is called: a contingency reserve.
The Return of Investment (ROI) is a measure of the Financial viability of the investment
The length of time expected to complete an activity assuming that its development proceeds normally is called the: most likely duration.
The V-Model is a useful representation of the project lifecycle because: Project requirements and design have a to be validated at a later stage
The following statement - 'Develop one new online course on writing a business case and have it available for use on our Australian web site before the end of the current financial year' - is an example of a: Project objective
The least amount of float is found: on the critical path
The lowest level in work breakdown structure contains the: work packages.
The project's scope fixed(or frozen) at a specific point in time is called the: baseline.
The five project management process groups defined by PMBOK are Initiate, plan, control, execute, close
The amount of time an activity may be delaved from its early start without delaying the finish of the project is the: float
The Net Present Value (Npv calculation is often used in the business justification of an investment. Which of the following BEST describes what it does: Adjusts future cash flows so they can be compared with each other
The Return of Investment (Rol) is a measure of the Financial viability of the investment
The reason businesses have to choose carefully between multiple project ideas is because:Resources are limited so projects must be justified and prioritized
The Project Charter is a document which:Provides the project manager with the authority to apply organisational resources to the project
The primary objective of communication planning is to determine: All of these answers are true
The Iron Triangle can be used to differentiate between Agile and Traditional project management approaches, as show below, where: Agile projects try to deliver iteratively to a known (locked) cost/schedule
The Agile Manifesto values individuals and interactions OVER processes and tools is an example of its emphasis on: Communications
The Agile Manifesto states that it values:
Individuals and interactions over processes and tools Working software over comprehensive documentation Customer collaboration over contract negotiation Responding to change over following a plan
Which of the following statements best capture the impact Agile Methods have had on more traditional Project Management?
It provides an alternative way of delivering projects where the scope is unclear
The acceptable/ expected cost of an item that is estimated at $5,000 plus a contingency of 20% is: $6,000.
The total life cycle cost estimate for the project can be calculated as the sum of the cost estimates for each phase plus 10% contingency: $220,000
The first step in project procurement management is : planning procurement management
There is no such thing as a project team: with an ongoing, non-specific purpose
There is so such thing as a project team: with an ongoing, non-specific purpose
Tuckman's model of group development is described in terms of Forming, Storming, Norming, Performing and Adjourning. At which of these stages would you expect individuals to feel the most uncomfortable as the team leaders emerge? Storming
U
Using Agile Methods would be most appropriate where: The project scope is uncertain
Using a well documented Scope of Work (scope statement) and contract a contractor completes work exactly as specified, but the buyer is not pleased with the results. The project is considered to be: Complete because the contractor met the terms and conditons (T & C's) of the contract.
Which of the following
best
Which of the following is best accomplished by means of a project? A software developer wants to create a new Android phone app
Which of the following best describes what a Work Breakdown Structure (WBS) actually breakdown or decompose? The project scope is broken down into the agreed deliverables and their components
Which of the following is the best way to manage stakeholders? Keeping them informed throughout the project
Which of the following best describes risk management in project management? The process of identifying, analyzing, and responding to potential project risks
Which of the following best capture what Project Closure should achieve: The handover of project deliverables to operations
The Net Present Value (NPV) calculation is often used in the business justification of an investment. Which of the following BEST describes what it does:Adjusts future cash flows so they can be compared with each other
Statements
Which of the following statements about Benefits Realization is the most accurate: It is the responsibility of the project sponsor
Which of the following statements best describes the project manager’s responsibilities in relation to scope change management? The project manager is responsible for ensuring all change requests are reviewed by a change control board and carrying out their decisions.
Which of the following statements about project stakeholders is FALSE. One of the project sponsor's roles is to resolve any disagreements between the project stakeholders
Which of the following statements about the Project Charter is False? A Project Charter should identify the individual on the Project Team
Which statement regarding contractual changes is most correct ? Contracts with subcontractors should include procedures to request and approve changes
Is not
Which of the following is not an example of a procurement document? Risk Register
Which of the following is NOT a tool or technique used in the risk management process? Schedule baseline
Which of the following is not a risk response strategy? Engagement
Which of these is not traditionally a project constraint? Risk
Which of the following is not an input to the risk management process? Work performance data
Which one of the following is NOT a result of Scope Creep? Good Risk Management
Which of the following would NOT be a good source of information on future project risks and the likely causes of those risks: Supplier bids
Which of the following is NOT an output of the Conduct Procurements process? Change requests
Which of the following is NOT a tool or technique used in the Quality Control process? Pareto charts
Situation
Which of the following situations could be the origin for a project? Any of these could result in a project
suggested
Which technique/tool is suggested in the PMBOK Guide to create WBS and define activities? Decomposition
Example
Which of the following is an example of a Quality Assurance activity? Developing a Quality Management Plan
LEAST
Which one of the following is likely to be of LEAST interest/value to a project sponsor? Project Management Documentation/outcome
Tasks
Which of the following tasks is a project manager likely to do in his or her role as the project manager? Get the human resources and equipment required to undertake the project - often through negotiation
Correct
Which of the following is correct about initial phase of a project? This stage of the project has the highest uncertainty
Refers to
Which of the following refers to a set of principles that guides decision-making based on personal values of what is considered right and wrong? Ethics
Risk
Which of the following is a risk event that is a threat to a project? A change in resource availability
Which of the following is a risk response strategy that involves accepting the consequences of a risk if it occurs? Acceptance
Output
Which of the following is a key output of the Perform Quality Assurance process? All these responses are key outputs
Mark
which one of the following is a mark of official project start? approved project charter
Condition
Which of the following conditions are likely to cause a project team to be less productive as a project comes to a close? All these answers are correct
Which stage
Which stage of the project lifecycle has a component to set project goals: Initiating
What
What is a general guide for how to define a WBS work package? The work package represents a piece of work that can be assigned and monitored.
What does the acronym SMART (e.g. As in SMART objective) stand for? S= Specific, M = Measurable, A = Achievable, R = Realistic, T = Timely
What is the primary purpose of a procurement management plan? The outline of procurement process
Who
Who is usually charged with formal responsibility for authorizing changes to the project scope: Project Sponsor or the Change Control Board
Work package
Work Packages identified in a projects WBS should also be identifiable in the Network Diagram. Which of the following best describes the relationship between the two? Work Packages can be seen as groupings of activities and tasks
When
When managing resources, which process involves estimating the type and quantities of resources required for each project activity? Estimate activity resources
When evaluating the responses to an RFT/ RFQ, the selection criteria should be:
All the requirements placed on the suppliers
YOU
You are engaged in gathering information from stakeholders regarding whose interests should be taken into account throughout the project. This is called: Stakeholder analysis
You cannot start editing a technical report until someone else completes the first draft. What type of dependency does this represent? finish-to-start
You are managing a building renovation project and the walls are scheduled to be painted after the undercoat. Your plan allows 24 hours for the undercoat to dry before starting to paint. This is an example of which one of the following? Lag
You are a project manager for a new building design project and have just received a Project Charter and a Scope statement. You should create a detailed project schedule only after: A WBS is created
You decide to delay an upgrade to your cell phone softwarebecause it might delay your work on the project today. Whichrisk response strategy are you using? Avoidance
You are preparing a cost estimate for a building that uses information on its location, purpose, floor space in square meters, materials and other characteristics. What cost-estimating method are you using? parametric
判断题
The Agile Manifesto states that it values: Individuals and interactions over contract negotiation. False
Where a project delivers a new product or solution, User Training should always be completed before the end of the project. False
Quality assurance is about monitoring the outputs and finding defects before product release. False
Project professionals must always be leaders: False
Resource constraints have no impact on the project schedule and can be easily resolved through resource leveling. False
To ensure it is correct, the Project Manager should try to do as much of the project planning by themself. True or False?. False
Management by walking around, refers to a style communication which involves managers wandering through the workplace in an unstructured manner, to check with employees or on the status of ongoing work. False
A business case captures the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also come in the form of a short verbal agreement or presentation. True
A strategic vision presents the ideal or ultimate end-goal which an organization strives to achieve in order to achieve its mission. True
A strategic objective (or goal) is a target or milestone to be achieved as an organization sets out to achieve its mission/ vision. True
Resource monitoring involves tracking resource utilization, identifying and resolving resource conflicts, and making adjustments as needed. True
One aspect of the definition of a project is that it is an undertaking that creates a unique product, service or result. True or False? True
Stakeholders can be categorised into two broad categories - internal and external stakeholders. True
One aspect of the definition of a project is that it is an undertaking that creates a unique product, service or result. That means that what one person calls a project may be an operational task for someone else. True or False? True
The Break-Even Point represents the time when the returns from an investment equal the total costs to date. True
Values are the guiding philosophies or principles that underpin an organization's culture and help to steer its decision-making True
In most projects, the cost to fix a defect is greater the later it is found in the life-cycle. True
The strategic mission captures the core or fundamental purpose an organization sets out to achieve over the long-term. True
If Stakeholder Management identifies the "who" in a project, then Communications Management considers the "what", "when" and "how" they will be informed about the project. True
The Project Charter is the justification for a proposed project or undertaking on the basis of its expected commercial benefit. True
A Request for Tender (RFT) would be best used for procurement that needed to be transparent and fair. True
The resource breakdown structure (RBS) is a hierarchical representation of project resources organized by category and type. True
Contingency in project planning is the provision that is made in a budget and/or schedule for risks and possible events that could affect the project plan. True
The Cost of Quality is the cost related to preventing errors or defects in a project. True
Non-Functional Requirements (NFRs) are essentially equivalent to Functional Requirements, they are simply the result of taking a different stakeholder perspective. True
If Stakeholder Management identifies the "who" in a project, then Communications Management considers the "what", "when" and "how" they will be informed about the project. True