Billy is the project manager of the PQW Project and she has an assigned project budget of $655,000. Currently she is 80 percent complete with the project though she was scheduled to be 100 percent done by this date. She has spent $490,000 to date and other than the project schedule, which was delayed because of a vendor, the project is going well. What should Billy report as her schedule performance index for this project?
Jane works as a project manager for PassGuide Inc. Various projects are running under her administration. Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?
Jenny is the project manager for her organization. Her project is not doing well on project schedule performance, and management wants her to predict how the project schedule and cost will end. Management has asked Jenny to report and forecast her project ' s performance based on the Judgmental methods. Which of the following judgmental methods will Jenny use to accomplish the task?
Each correct answer represents a complete solution. Choose all that apply.
What forecasting method would your project use if your project customer requires an autoregressive moving average for performance forecasting?
Which of the following ideas should be kept in mind for effective listening?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You are working on several projects. Your projects vary in size and budget. You have to calculate the ratios of schedule and cost compared to plan, so that you can compare relative schedule and cost performance of each project. Which of the following components of EVM provide measures of schedule and cost performance that are not affected by the size of the project?
Which of the following is described in the statement below?
" It means that feedback regarding performance is provided to the person being evaluated from many sources, including superiors, peers, and subordinates. "
You work as a project manager for PassGuide Inc. You are performing steps to carry out and finish the project according to the measures drawn through the planning stage. Which of the following stages of the project are you working on?
You work as a project manager for PassGuide Inc. You have to finalize all activities across all of the process groups to formally finish the project. Which of the following processes will help you to accomplish the task?
You work as a project manager for PassGuide Inc. You want to calculate the probability of loss due to cost overrun. Which of the following terms describes the above metric?
Which of the following processes is described in the statement below?
" It is the process of identifying the specific actions to be performed to produce the project deliverables. "
You have been assigned as the Project Manager for a new project that involves development of a new interface for your existing time management system. You know that developers are available in your organization, and would like to use them. However, your program manager thinks that an outside company needs to be engaged to complete this development. Which of the following will help you to convince your project manager to use the internal resources?
Which of the following techniques is described in the statement below?
" It is used to verify whether a particular work can best be accomplished by the project team or must be purchased from outside sources. "
Which of the following forecasting methods is described in the statement below?
" It is based on the assumption that it is possible to identify some factors that might influence the variable that is being forecasted. "
Jeff works as a project manager for PassGuide Inc. He has to adjust the amount of time between two activities. He wants to delay the start of the second activity by 14 hours. Which of the following scheduling components will Jeff add to the second activity?
You work as a project manager for PassGuide Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?
Which of the following processes aims to build standardized processes for the handling of Itrelated services and infrastructure, and to document, operate, control, and improve them permanently?
Which of the following individuals strategically handles the human resource tools and assists the organization in attracting talented people for the required job?
You work as a project manager for PassGuide Inc. You want to enable roll-up of both resource assignments and availability data to a higher level. Which of the following diagrams will help you to accomplish the above task?
Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?
You are a Project Manager in your organization who is managing a considerably huge budget project to develop new software. Considering the varied nature of your stakeholder group, you would like to put together a plan as to what information the stakeholders need, and how to provide that information. What is the document that you would need, and as part of which process group would you achieve this?
Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project.
She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely. What risk response has Holly used in this instance?
You work as a project manager for PassGuide Inc. Which of the following processes will you use to build up an estimate of the monetary resources required to complete project activities?
You are a new Project Manager that has been entrusted with a software development project. You have started building the list of activities and sequencing them for your project schedule model. As part of the activities, you have identified that your project team will need to start resolving the defects that come out of the User Testing, 5 days after the testing starts. Which of the following would be the correct way to represent this logical relationship between the activities?
You are in a project to create a Website. Your project team has met a few times and you ' re working with them to develop the project ' s WBS. Jan, a marketing expert, is in disagreement with Larry over how the Website should function. Gary and Gina are in disagreement over who ' ll take the lead on the design of the software for the Website. Mark, Mary, and Martha are all bickering about the photo management approach for the Website ' s pictures. What stage of team development is your project team currently in?
Fill in the blank with the appropriate word.
A ______ should be specific, measurable, achievable, realistic, time bounded, ethical, and recorded.
Fill in the blank with the appropriate term.
______is the best method to achieve the final equitable settlement for all outstanding issues, claims, and disputes
You work as a project manager for PassGuide Inc. You are using the three point estimate to calculate the estimated activity durations for your project. If you have an optimistic estimate of 10 days, a pessimistic estimate of 19 days, and a most likely estimate of 13, which of the following is the expected activity duration for your project?
You are the project manager for the NQK Project for your organization. Your project team has both internal employees and contract-based employees. What document should define how the contract based employees will be managed?
You work as a project manager for PassGuide Inc. You and your team are working on the probability and impact matrix. You have to determine the importance of risk and prioritize it accordingly.
Which of the following will help you achieve the above task?
Which of the following management skills is described in the statement below?
" It is a strategy of sharing power and relying on interpersonal skill to get others to cooperate towards common goals. "
Which of the following are inputs of the Direct and Manage Project Execution process?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following techniques is used for estimating a variety of project parameters and measures of scale?
Which of the following quality costs refers to the cost of all tasks particularly designed to prevent poor quality in products or services?
Which of the following is a measure of progress achieved compared to progress planned on a project?
You work as a project manager for PassGuide Inc. You have to work on an agreement that creates and defines obligations between two or more parties. Which of the following types of agreement will you work on?
What component of the change control process examines the entire project to determine the proposed change ' s impact on the project scope, time, cost, quality, human resources, communications, risk, and procurement?
What cost estimating approach uses the work breakdown structure to create a cost estimate?
You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?
Fill in the blank with the appropriate term.
_______emphasizes on bringing out the best in a team to make sure that self development, positive communication, leadership skills, and the skill to work together as a team to resolve problems are built within the team.
You work as a project manager for PassGuide Inc. Which of the following processes will you use to formalize the acceptance of the completed project deliverables?
Holly is the project manager of a project in a functional environment. Jason, the functional manager, has just informed Holly a new requirement that he has approved for the project. Holly documents the change and updates the project scope. What document should Holly also update in light of this change?
Jane works as a project manager for PassGuide Inc. The project on which Jane is working will last for three years and includes 200 stakeholders. How often should the Identify Risks process take place?
Which of the following are the essential qualities of an HR manager?
Each correct answer represents a complete solution. Choose all that apply.
Mark works as a project manager for PassGuide Inc. He has to identify the internal and external stakeholders who will interact and influence the overall outcome of the project. Which of the following process groups will help him to accomplish the task?
You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been awarded a cost reimbursable contract to do the development work on this project, and the project has been completed. While trying to close this procurement, you discover that still there are some unresolved claims. However, the sub contract company does not accept that these claims are unresolved. Which of the following is the best method for reaching the final equitable settlement?
You are the project manager for your organization. Marcy, a project stakeholder, is demanding that you add some deliverables to your project scope for free. You explain to Marcy that it ' s too late in the project execution to consider adding these deliverables, as most of the software your project team is creating is nearly done. Marcy and you escalate the issue to management.
Management decides that you will add the deliverables to the project scope if Marcy pays a significant fee and allows you additional time to complete the project. What conflict resolution method has management offered?
Which of the following elements facilitates people to know large amounts of information as a picture rather than a table of names and numbers?
Sasha is the project manager of a large construction project. She is finalizing ground rules, training, and team-building activities for her project team members. In which of the following processes is she working on?
You are the project manager for the HGQ Project. You and the project team are currently working on the Identify Risks process. When does this project typically happen in a project?
Which of the following tasks are performed by the scope development process?
Each correct answer represents a complete solution. Choose all that apply.
You are the project manager of the HJU project for your company. This project will last for 18 months and has a project budget of $567,000. Robert, one of your stakeholders, has introduced a scope change request that will likely have an impact on the project costs and schedule. Robert assures you that he will pay for the extra time and costs associated with the risk event. You tell Robert that the change request may affect more areas of the project than just time and cost and that you are worried about the additional risks the change request will bring. What project management component is responsible for evaluating a change request and its impact on all of the project management knowledge areas?
Which of the following are the characteristics of the project life cycle?
Each correct answer represents a complete solution. Choose all that apply.
You are the project manager of a project to create a network inside of a building. You need to hire an electrician to run network cable throughout the building. Based on your experience, you create an estimate for the work that you ' ll measure all of the bids against. This is an example of what type of procurement seller selection?
You work as a project manager for PassGuide Inc. You are working with your project team to plan the risk responses. Your project has a budget of $450,000 and is expected to last seven months. You have identified a risk event that has a probability of .60 and has a cost impact of $250,000 within the project. While creating a risk response for this event, what is the risk exposure of the event that must be considered for the cost of the risk response?
You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via email every week. You have agreed and are sending the reports on each Thursday. After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?
You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been doing the development work on this project.
Which of the following processes do you not need to work on, as part of the procurement management?
You work as the project manager for Bluewell Inc. You are working on NGQQ Project for your company. You have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. Which of the following risk response planning techniques will you use to shift the impact of a threat to a third party, together with the responses?
Charlie has just completed the project according to the terms of the contract. She and the customer are completing a walk through of the project deliverables, and the customer is asking for changes to the deliverables before she ' ll accept the product. What project management process should manage the documented change request that may come from scope verification?
Which of the following theories describes the statement below?
" It states that there are certain factors in the workplace that cause job satisfaction, while a separate set of factors cause dissatisfaction. "
Which of the following models is used to determine, implement, monitor, control, and maintain Information Security Management System or ISMS?
Fill in the blank with the appropriate term.
The______ defines the period in which, during the development of the project scope statement, a clear and very thorough project scope statement narrative is documented.
Which of the following processes describes the statement below?
" It consists of the processes required to ensure that the project contains all the work required to complete the project effectively. "
Amy works as a project manager for PassGuide Inc. She has to develop a visual diagram which can depict the resources that will be used within the project. Which of the following diagrams will Amy create to accomplish the task?
Which of the following is defined as the time it takes to complete a task or a set of interdependent tasks?
Which of the following are inputs of the Acquire Project Team process?
Each correct answer represents a complete solution. Choose all that apply.
Fill in the blank with the appropriate word.
______refers to conveying a message from an individual person to another or to several people, whether verbally or non-verbally
Jessica works as a project manager for PassGuide Inc. She wants to discuss with the team members some of the project risks and issues that have occurred. Jessica has faxed the report to her project team for them to review. Based on the standard communications model, which component in this scenario is the decoder?
Which of the following techniques is described in the statement below?
" It evaluates the abstract early start and finish dates and late start and finish dates for all activities devoid of any resource limitations by performing a forward and backward pass analysis through the schedule network. "
Which of the following processes is described in the statement below?
" It is the process of identifying the specific actions to be performed to produce the project deliverables. "
You are the owner of a company that handles accounting operations for all its clients. Recently, your clients have been complaining about inefficiency of your business processes, and the lack of productivity. You want to put in place an initiative with the team, which will review the processes and make recommendations for improvement on an on-going basis, which you can use. What kind of management would this team need?
You work as a project manager for PassGuide Inc. You want to reduce the affective conflicts at all levels, and also attain and maintain a reasonable amount of substantive conflict. Which of the following processes will you use to accomplish the above task?
Which of the following contracts is generally considered to be the most risky for the buyer?
In which of the following process groups is the project manager responsible for authorizing and applying organization resources to the subsequent project activities?
You work as a project manager for PassGuide Inc. You report the project details directly to the vice president and the administrator of your organization. In which of the following types of organization structures are you working?
Fill in the blank with the appropriate term.
______is the measure of chance that, due to unfavorable events, the planned or budgeted cost of events can be exceeded
Mark works as a project manager for the SLQ Project. He is working with the project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique will Mark use to achieve the above task?
Fill in the blank with the appropriate term.
A ______ is performed to 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.
Which of the following are the types of casual/econometric forecasting methods?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You are working on a project that has a budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project ' s cost performance index. Which of the following values will you report?
Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?
You work as a project manager for PassGuide Inc. Which of the following techniques will you use to determine whether it would be more cost effective to produce a product or service in-house or from an outside vendor?
Which of the following is built by aggregating the costs of the individual work elements and then joining them at time intervals where meaningful actual cost information will be available?
Don has hired Jerry, a contractor, to complete a portion of his project work. The contract used was a cost-plus contract. If Don was to perform a risk audit, who would carry the risk in this scenario?
Which of the following is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks?
You work as a project manager for PassGuide Inc. You want to figure out the cumulative costs needed to bring poor quality service or products up to the mark as defined by project management. Which of the following Plan Quality techniques will help you to accomplish the task?
You are the program manager for the HGQ Program in your organization. Your program has eight constituent projects including a small project which you ' ve assigned to Beth a new project manager in your organization. Part of your assignment is to coach Beth on project management in your program. You are telling Beth about the five process groups of project management and how they map to the progression of the project. Which process group would you tell Beth is where she ' ll likely spend the bulk of the project time and the project budget?
Which of the following are outputs of the Direct and Manage Project Execution process?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following conflict resolution techniques can bring the problem into the open and have the third person present?
Which of the following processes is used to obtain formal acceptance of the project scope by the stakeholders?
Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project ' s end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?
Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?
You work as a project manager for PassGuide Inc. You have to subdivide project deliverables and project work into smaller, more manageable components. Which of the following processes will you use to perform the above task?
You are the project manager of the NJYO Project and are working with your project team to create the Work Breakdown Structure ( WBS ). This project will span all areas of the matrix organization and your project team doesn ' t really know the resources from the other departments. Some of the project team members have asked that you excuse them from the WBS when the section of the project scope doesn ' t apply to them. You tell them ' No ' . Why?
In which of the following process groups is the project manager responsible for authorizing and applying organization resources to the subsequent project activities?
Which of the following models is used to determine, implement, monitor, control, and maintain Information Security Management System or ISMS?
You work as a project manager for PassGuide Inc. You want to improve the competencies and interaction of team members to enhance project performance. Which of the following processes will help you to accomplish the task?
Mark works as a project manager for the SLQ Project. He is working with the project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique will Mark use to achieve the above task?
Which of the following is a document that covers the work that will be done, how the work will be compensated, and any penalties for noncompliance?
You are the project manager for PassGuide Inc. Your project has a budget at completion of $950,000 and is 45 percent complete, though the project should be 50 percent complete. The project has spent $450,897 to reach the 45 percent complete milestone.
What is the project ' s cost performance index?
Which of the following diagrams is described in the statement below?
" It allows comparison of the workload with detailed resource availabilities. It also enables roll-up of both resource assignments and availability data to a higher level. "
You have been assigned as the Project Manager for a new project that involves deployment of a new software application to all your organization ' s users. The timeline is aggressive, and this software is being deployed on your company ' s architecture for the first time. In addition, your project steering committee has specified an allowable budget for your project. You plan to use an outside company for this deployment. Which of the following contract types is BEST suited for you to negotiate?
Which of the following are outputs of the Develop Project Team process?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. Your project was baselined at 8 hours, but 11 hours have been spent and the estimate to complete is an additional hour. The project should have been completed already. An hourly rate of $100 per hour is provided, and the project is 91.7% complete.
Which of the following is the correct CPI for the project?
You work as a project manager for PassGuide Inc. You have to subdivide project deliverables and project work into smaller, more manageable components. Which of the following processes will you use to perform the above task?
Which of the following processes is used to determine the quantitative or qualitative value of risk associated with the concrete condition and a recognized threat?
Which of the following are outputs of the Plan Quality process?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?
You are the project manager for your organization and are planning the project work with your project team. You are currently breaking down the project scope into work packages to determine an accurate time and cost estimate. What document are you and the project team creating?
You are a project manager for your organization. Your organization completes projects for other companies and your project has just ended. Although you were serving in a contractual relationship for your company what should you do with the project records for the project you ' ve completed for another entity?
Alice is the project manager of the NHQ Project and is entering the project ' s closing processes. The project, she has managed, has been for another organization in a contractual relationship. Her organization requires Alice to complete performance reviews of the project team, review the deliverables with the project customer, and to obtain formal signoff of the project deliverables.
There may be other conditions and activities that Alice likely will need to do in this final project phase. Where can Alice check regarding this project?