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PM Test Prep PPT With Answers

Feb 23, 2018

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    Welcome

    This is a power point Test Prep.

    Each Question has one correct answer

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    Which of the following is NOT a

    Project Cost Management process?

    Cost Estimating

    Cost Control

    Cost Bugeting

    !esource "e#eling $

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    Which of the following processes are

    inclue in the planning process?

    Scope Definition, Project Plan Development,Quality Assurance, Cost Estimating

    Scope Planning, Staff Acquisition, Stakeholder

    dentification, and Cost Estimating

    Project Closure, Cost Estimating, !isk"anagement, Schedule Development, and #eamDevelopment

    Scope Planning, Schedule Development, ProjectPlan Development, !isk !esponse Development $

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    % goal of portfolio management is&

    Manage content of the project

    Timel' e(clusion of projects not meeting the

    portfolio)s strategic o*jecti#es $

    "e#eling heuristics across the organi+ation)sprojects

    Project cost le#eling

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    Project ,ntegration Management

    ensures&

    The project is complete within scheule

    an *uget

    The proper scope has *een ientifie for

    the project

    %ll elements of the project are properl'

    coorinate $

    The project will satisf' all the

    sta-eholers

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    etermining the metho an timing of releasing team

    mem*ers/ *enefits *oth the project an& Best answer

    Team 0ponsor

    Project "eaer

    Team Mem*ers $

    eparting Team Mem*er

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    1ormal acceptance is an output of

    which of the following processes?

    0cope efinition

    0cope planning

    0cope #erification $

    0cope change control

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    2antt charts help etermine?

    % tas-)s starting an stopping point $

    %ccounta*ilit' matri(

    ecomposition

    %mount of effort it ta-es to complete atas-

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    Pro#iing for reim*ursement of allowa*le costs/ plus a

    fi(e fee pai proportionatel' as the contract progresses

    is efine as&

    Cost Plus Percentage of Cost 3CPPC4

    Cost Plus 1i(e 1ee 3CP114 $

    Contract E#aluation

    Cost Plus ,ncenti#e 1ee 3CP,14

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    Which of the following response is not a 0trateg'

    for Both Threats an Opportunit' %cceptance?

    Can *e either passi#e or acti#e

    Ma' *e aopte for either threats or

    opportunities

    % strateg' that is aopte *ecause it is selompossi*le to eliminate all ris- from

    Project scope statement $

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    % 5555 is a structure/ inepenent re#iew to etermine

    whether project acti#ities compl' with organi+ational

    policies an proceures.

    Qualit' %uit $

    Qualit' Metrics

    Qualit' %nal'sis

    Qualit' Planning

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    Constraints that can limit fle(i*ilit' in the 6uman

    !esources Planning process are all of the following/

    except:

    Organi+ational 0tructure

    !esource %#aila*ilit' $

    Economic Conitions

    Collecti#e Bargaining %greements

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    Who shoul contri*ute to the

    e#elopment of the project plan?

    The entire project team $

    The project coorinator

    The planning epartment

    The senior management

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    % lump7sum contract uner which the seller

    furnishes goos or ser#ices at a fi(e price is&

    Cost Plus ,ncenti#e 1ee 3CP,14

    Contract ,nitiation

    1irm 1i(e Price 311P4 $

    1i(e Price ,ncenti#e 1ee 31P,14

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    Cost 55555 is a time7phase *uget that is use to

    measure/ monitor an control o#erall cost performance on

    the project.

    Baseline $

    %ggregation

    Performance

    Management

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    Of the following/ which is nottrue

    a*out *ottom7up estimating?

    ,ts accurac' increases if the acti#ities are

    smaller

    The WB0 must *e accurate an complete

    *efore this process can *e use ,t is not a useful methoolog' in the earl'

    phases using project planning processes

    The cost is largel' inepenent of the esireaccurac'/ so it is the methoolog' of choice $

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    What is a PM,0?

    Performance Measurement ,nepenent

    0'stem

    Project Matri( ,nformal 0'stem

    Project Management ,nformation 0'stem $

    Project Management ,nter7relate s'stem

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    Policies an proceures that protect team mem*ers from

    safet' ha+ars are inclue in the staff management plan

    an&

    Organi+ational Chart

    !esource Brea-own 0tructure

    !is- !egister $

    Position escriptions

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    Which of the following is nota use of

    the Wor- Brea-own 0tructure?

    Configuration Management

    1ocusing attention on the projecto*jecti#es $

    1uning

    ,ntegrate logistic support

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    Wh' shoul constructi#e changes *e uni8uel' ientifie

    an ocumente *' project corresponence?

    Changes ma' *e ispute *' one part' anlea to a claim against the other part' $

    Changes can inclue irection pro#ie *' the*u'er

    Changes shoul ne#er *e ocumente

    Changes are processe for re#iew anappro#al through ,ntegrate Change Controlprocess

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    55555 are factors that can limit the

    project management team)s options.

    "ogistics

    Methoologies

    Constraints $

    %ssumptions

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    Which of the terms *elow is nota stage of

    contract negotiation?

    Closure

    Weighting s'stem $

    Pro*ing

    0cratch *argaining

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    What is the responsi*ilit' of the sener in the

    communications process? Best Answer

    Ensuring the right person gets the rightinformation

    Ma-ing sure that the information is recei#e inits entiret' an unerstoo correctl'

    Ma-ing the information clear an complete sothe recei#er can recei#e it correctl' an

    confirming that it is properl' unerstoo $

    Manage sta-eholer re8uirements

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    The egree to which a set of inherent characteristics

    fulfills re8uirements is -now as&

    Qualit' $

    2rae

    Performance

    0cope

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    %n output of !is- ,entification is&

    Plan for mitigation

    Correcti#e actions

    % ris- register $

    E(pecte monetar' #alue of the ris-e#ents

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    Which of the following is not a scenario

    consiere in a Three7point estimate?

    Optimistic

    Most li-el'

    %nalogous $

    Pessimistic

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    The !esource Brea-own 0tructure 3!B04 is a 55555 of

    ientifie resources *' resource categor' an resource

    t'pe.

    %cti#it' %ttri*ute

    !e8ueste Change

    %cti#it' !esource !e8uirement

    6ierarchical 0tructure $

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    % statistical metho that ma' ientif' factors which

    influence specific #aria*les of a prouct or process uner

    e#elopment or in prouction is -nown as&

    Cost7Benefit %nal'sis

    Benchmar-ing

    esign of E(periments $

    Cost of Qualit'

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    What are the fi#e processes of project

    management?

    ,nitiating/ Planning/ E(ecuting/ Controlling/Closing $

    Concept/ Planning/ e#elopment/ E(ecution/Termination

    Planning/ 9erif'ing/ e#elopment/ Controlling/Termination

    ,nitiating/ Planning/ 1acilitating/ E(ecuting/Closing

    % * h t ill t ti th * f h th t

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    % *ar chart illustrating the num*er of hours that a person

    is neee each wee- or month o#er the course of the

    project is calle?

    2antt Chart

    0taffing Management Plan

    6istogram $

    !esponsi*ilit' %ssignment Matri(

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    %cti#ities such as measuring/ e(amining an

    #erif'ing escri*e which of the following?

    1low chart legen

    Project ris- management

    %cti#it' uration estimating

    ,nspection $

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    Which of the following is notan a#antage of

    centrali+e contracting?

    More economical

    Easier to control o#erall contracting efforts

    "ess attention to the special nees ofini#iual projects $

    Orers can *e consoliate across se#eralprojects

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    What is %cti#it' !esource Estimating?

    Estimating the t'pe an 8uantities of

    resources re8uire to perform each scheule

    acti#it' $

    Controlling changes to the project scheule%nal'+ing acti#it' se8uences/ urations/

    resource re8uirements/ an scheule

    constraints to create the project scheule

    ,entif'ing an ocumenting epenencies

    among scheule acti#ities

    % i t th t t t it

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    % 55555 is a component that oes not meet its

    re8uirements or specifications/ an nees to *e repaire

    or replace.

    Correcti#e %ction

    Pre#enti#e %ction

    efect $

    Change

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    Changes to the ,nformation istri*ution process shoul trigger

    changes to project management plan an the 55555 management

    plan.

    6uman !esources

    Qualit'

    Communications $

    !is-

    C t * ti i th f

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    Cost *ugeting is the process of

    allocating&

    The project *uget to the #arious ientifie wor-acti#ities in orer to esta*lish a *asis for the projectcontingenc' reser#e

    The o#erall cost estimate to ini#iual wor- acti#ities

    to esta*lish the *asis for the project contingenc'reser#e

    The o#erall cost estimate to ini#iual wor- acti#itiesto esta*lish a cost *aseline for measuring projectperformance $

    The project *uget to the #arious ientifie wor-acti#ities in orer to esta*lish a *asis for the projectestimate

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    Which of the following is nottrue concerning

    project sta-eholers? Best answer

    The' ma' acti#el' support the project $

    The' ma' e(ert influence o#er the projects

    o*jecti#es an outcomes

    The' are acti#el' in#ol#e in the project

    Their interest ma' *e affecte *' the projectse(ecution or completions

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    Which 6uman !esources Management process

    aresses coorinating change?

    6uman !esource Planning

    %c8uire Project Team

    Manage Project Team $

    e#elop Project Team

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    % num*ering s'stem use to uni8uel' ientif' each

    component of the wor- *rea-own structure is the&

    Project Coe

    Chart of %ccounts

    Error Coe

    Coe of %ccounts $

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    Of the following/ which is nota theme or issue

    within Project Procurement Management?

    elphi Techni8ue $

    Contract %ministration

    Procurement Planning

    0olicitation Planning

    Whi h i l h i t f

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    Which in#ol#es choosing part of a

    population of interest for inspection?

    Pareto Chart

    !un Chart

    0catter iagram

    0tatistical 0ampling $

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    Which of the following is not a tools an

    techni8ues of ,nformation eli#er'?

    Communication s-ills

    !e8ueste changes $

    ,nformation istri*ution metho

    "essons learne process

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    Parametric estimating is most relia*le when all of

    the following occur except&

    The moel wor-s for large projects as well assmall projects

    The historical ata use to e#elop the moelis accurate

    Estimates are preictions of conitions in theproject)s future are forecaste $

    The parameters of the project life c'cle arereail' 8uantifia*le

    What efines when an how often the ris- management process will

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    What efines when an how often the ris- management process will

    *e performe throughout the project life c'cle/ an esta*lishes ris-

    management acti#ities to *e inclue in the project scheule?

    !is- Management

    Bugeting

    Timing $

    efinitions of ris- pro*a*ilit' an impact

    O ll j t ti i l l t

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    O#erall project uration is calculate as an

    output of the 55555.

    0cheule e#elopment Process $

    %cti#it' Cost Estimates

    Organi+ational Process

    Enterprise En#ironmental 1actors

    Th P j t Q lit M t

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    The Project Qualit' Management process

    inclues all of the following except&

    Qualit' Planning

    Qualit' %ssurance

    Qualit' Control

    Qualit' 9ariance $

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    What is ,nformation istri*ution?

    Collecting an istri*uting performanceinformation

    Ma-ing neee information a#aila*le to projectsta-eholers in a timel' manner $

    etermining the information ancommunications nees of the projectsta-eholer

    Managing communications to satisf' there8uirements of an resol#e issues withproject sta-eholers

    Cost are generall' e(presse in

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    Cost 55555 are generall' e(presse in

    units of currenc'.

    Bugets

    9ariances

    Estimates $

    Controls

    T h f l j t th t t

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    To ha#e a successful project/ the team must o

    all of the following except&

    0elect process within the Project Management

    Process 2roups which re8uire meeting the

    project o*jecti#es

    %ppl' the processes of the ProjectManagement Process 2roup which re8uires

    meeting the project o*jecti#es $

    Balance time/ scope/ cost/ 8ualit'/ resources

    Meet sta-eholer nees/ wants an

    e(pectations

    M t i * h t t ill t t th

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    Matri(7*ase charts are use to illustrate the

    connections *etween wor- that nees one an&

    0ta-eholers

    Wor- Brea-own 0tructure

    !esponsi*ilities

    Team Mem*ers $

    Th f th t i lt t

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    The sum of the proucts/ ser#ices/ an results to

    *e pro#ie as a project is&

    Planne 9alue

    The 0cope $

    07Cur#e

    0cheule 9ariance

    Which of the terms is generall' use when the seller)s

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    Which of the terms is generall' use when the seller s

    selection ecision will *e *ase on price 3as when *u'ing

    commercial or stanar items4&

    Technical %pproach

    Proposal

    Tener $

    Technical 0-ills

    ,entification response e#elopment assessment an

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    ,entification/ response e#elopment/ assessment an

    ocumentation are major processes of ris- management. Which of

    the responses liste *elow is nota major process?

    The project)s change control s'stem $

    Planning/ ,entification/ ocumentation/ an%ssessment

    ,entification/ Planning/ E#aluation/ !esponsee#elopment/ Mitigation/ an ocumentation

    Planning/ ,entification/ Qualitati#e %nal'sis/!esponse Planning/ an Monitoring anControl

    % thorough re#iew of the will

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    % thorough re#iew of the 55555 will

    help ientif' potential project ris-s.

    Project)s mission statement

    Project)s *uget

    Project)s change control s'stem

    !is- ientification chec-lists $

    !esource calenars are -nown inputs uner

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    !esource calenars are -nown inputs uner

    which two time management processes?

    %cti#it' 0e8uencing an 0cheulee#elopment

    %cti#it' uration Estimating an 0cheulee#elopment $

    %cti#it' !esource Estimating an 0cheulee#elopment

    %cti#it' 0e8uencing an 0cheulee#elopment

    Process %nal'sis e(amines all of the

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    Process %nal'sis e(amines all of the

    following except&

    Pro*lems E(perience

    Constraints E(perience

    Wor- Performance $

    Non79alue7%e %cti#ities

    % specific t'pe of histogram/ orere *' fre8uenc' of

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    p 'p g / ' 8 '

    occurrence/ which shows the num*er of efects

    generate *' categor' or ientifie cause is -nown as a&

    1lowchart

    0catter iagram

    Pareto Chart $

    !un Chart

    Which of the following is not an input

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    Which of the following is notan input

    of Communication Planning?

    Project management plan

    Communications management plan $

    Project scope statement

    Enterprise en#ironmental factors

    information on the completion status of the eli#era*les an

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    55555 p

    what has *een accomplishe is collecte as part of the project

    e(ecution/ an is fe in the Performance !eporting process.

    Performance measurement

    Change re8uest

    Wor- performance $

    Qualit' control

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    Cost #ariance is compute as&

    %ctual cost : planne #alue

    Planne #alue : actual cost

    %ctual cost : earne #alue

    Earne #alue : actual cost $

    ,entif'ing rele#ant 8ualit' stanars an how to

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    ,entif'ing rele#ant 8ualit' stanars an how to

    aress them shoul occur in which phase?

    Planning process phase $

    Qualit' control phase

    !is- phase

    Project "ife C'cle phase

    ,entif'ing rele#ant 8ualit' stanars an how to

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    ,entif'ing rele#ant 8ualit' stanars an how to

    aress them shoul occur in which phase?

    Planning process phase $

    Qualit' control phase

    !is- phase

    Project "ife C'cle phase

    The 0taffing Management Plan is an output of

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    The 0taffing Management Plan is an output of

    which 6uman !esource Management process?

    e#elop Project Team

    %c8uire Project Team

    6uman !esource Planning $

    Manage Project Team

    0 fi iti i l

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    0cope efinition in#ol#es&

    e#eloping a scope management plan

    e#eloping a etaile project scope statementas the *asis for future ecisions on the project

    $

    Controlling the project scope

    1ormali+ing acceptance of the projecteli#era*les

    , i t t

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    ,nirect costs are&

    %lso -nown as ris- management3contingenc'4 cost

    Cost not arising out of the performance

    of wor- on the project $Project costs that were not specificall'

    accounte for in the project *uget

    Costs other than the salar' of projectteam mem*ers such as sic- an#acation lea#e

    % j t i

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    % project is&

    %n ongoing acti#it' unerta-en to meet amar-et re8uirement

    % set of acti#ities preforme in a s'stem

    % temporar' acti#it' to create a uni8ue prouctresult or ser#ice $

    "in-e *' the results the' prouce

    The following formats e(ist to ocument team

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    The following formats e(ist to ocument team

    mem*er roles an responsi*ilities/ except&

    Te(t Oriente 1ormat

    Matri( !esponsi*ilit' Chart

    6ierarchical7t'pe Organi+ation Chart

    Wor- Brea-own 0tructure $

    0 fi iti i l

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    0cope efinition in#ol#es&

    e#eloping a etaile project scope statementas the *asis for future ecisions on the project$

    Controlling the project scope

    1ormali+ing acceptance of the projecteli#era*les

    e#eloping a scope management plan

    Enterprise en#ironmental factors are one input of plan/

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    purchases an ac8uisitions. Which of the following is not

    an input?

    Project Time Management $

    WB0 ictionar'

    Project 0cope 0tatement

    Organi+ational Process %ssets

    Which of the following is not true a*out ris-

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    Which of the following is nottrue a*out ris-

    ientification?

    ,t is an interacti#e process

    ,t etermines which ris-s might affect theproject an ocuments their characteristics

    ,t escri*es the content an format of the ris-register $

    %ll project personnel shoul *e encourage toientif' ris-s

    Which of the following is a ris- monitoring

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    Which of the following is a ris- monitoring

    an control tool an techni8ue?

    E(ploit

    !is- !egister

    Prioriti+e list of 8uantifie ris-s

    !eser#e %nal'sis $

    Project Time Management inclues

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    j g

    the processes re8uire to&

    Control changes to the project scheule

    %ccomplish the timel' completion of the

    project $

    Estimate the num*er of wor- perios

    0cheule %cti#ities

    Monitoring specific project results to etermine

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    Monitoring specific project results to etermine

    rele#ance to 8ualit' stanars is -nown as&

    Qualit' 9ariance

    Qualit' %ssurance

    Qualit' Control $

    Qualit' Planning

    Which is notpart of the Project

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    p j

    Communications Management process?

    Cost of Qualit' $

    ,nformation istri*ution

    Performance !eporting

    Manage 0ta-eholers

    ,nfluencing the factors that create cost #ariances an

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    ue c g t e acto s t at c eate cost a a ces a

    control changes to the project *uget is efine as&

    Cost Bugeting

    Cost Benefit

    Cost Control $

    Cost 9ariance

    Of the following/ which is notrelate to

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    g/

    cost recognition?

    The point in time when costs arecharge to the project

    The allocation of contractor earne

    *onuses to project costsThe wa' in which performance

    incenti#es are integrate into projectcosts

    The point in time when costs are*ugete to the #arious acti#ities $

    What is the use an purpose of project

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    p p p j

    planning methoolog'?

    Ma(imi+e the #alue of the project phases

    %n' structure approach to help prepare the

    project plan $

    Project phases within a project c'cle

    ,mplementation of an inclusion of the portfolio

    What are the two major t'pes of

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    e#aluation?

    Change process an status reports

    Wor- satisfaction an mipoint

    e#aluation

    Miproject an final e#aluation $

    Customer satisfaction an sur#e'

    % su*set of the project team responsi*le for acti#ities

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    such as planning/ controlling/ an closing is -nown as&

    0ta-eholers

    0taffing Management Team

    0ponsor3s4

    Project Management Team $

    The 55555 shows the time perios that team mem*ers are e(pecte

    to wor- on the project along with information such as training plans

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    to wor- on the project/ along with information such as training plans/

    certification re8uirements/ an compliance issues.

    Project Management Plan

    0taffing Management Plan $

    !esource 6istogram

    2antt Chart

    Which of the following are outputs of

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    the 0cope Change Control process?

    Correcti#e action an scheule upates

    0cope changes an formal acceptance

    0cope changes/ correcti#e action/ anlessons learne $

    "essons learne an scope efinition

    Milestone charts primaril' are use to&

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    Milestone charts primaril' are use to&

    0how significant e#ents in the project $

    0how the start an stop of a tas-

    0how the critical path

    emonstrate constraints

    What is the primar' concern of a

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    procurement auit?

    Maintaining the project

    % num*ering s'stem

    Wor- Brea-own 0tructure

    ,entif'ing successes an failures thatwarrant recognition $

    Which of the following is a

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    constructi#e change?

    9iewing as negati#e/ 8uantifie an ta*ulate

    Postponing as long as possi*le to protect the*uget

    ,entif'ing an ocumenting projectcorresponence $

    0u*mitting *is to rele#ant #enor list

    The elphi Techni8ue is a wa' to reach consensus.

    Which of the statements liste *elow is a characteristic of

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    Which of the statements liste *elow is a characteristic of

    the elphi Techni8ue?

    oes not help to reuce *ias in the ata

    Project ris- e(perts participate anon'mousl'$

    Consensus ma' *e reache in man' rouns ofthis process

    Ensures that one person ma' ha#e a greaterinfluence on the outcome

    Constructing a project scheule networ- iagram that

    uses noes to represent acti#ities an connect them with

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    uses noes to represent acti#ities an connect them with

    arrows that show epenencies is -nown as&

    2antt Chart

    %rrow iagramming Metho

    Preceence iagramming Metho $

    Wor- Brea-own 0tructure

    The project management team etermines the

    epenencies that ma' re8uire a to accuratel'

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    epenencies that ma' re8uire a 55555 to accuratel'

    efine the logical relationship.

    Manator' or E(ternal

    iscretionar' or E(ternal

    iscretionar' or Manator'

    "ea or "ag $

    Of the following/ which is nota *enefit of

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    meeting 8ualit' re8uirements?

    ,ncrease Costs $

    6igh Proucti#it'

    ,ncrease 0ta-eholer 0atisfaction

    "ess !ewor-

    The 8ualit' 55555 recors the

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    8ualit' o*jecti#es of the project.

    Chec-lists

    Metrics

    Measurements

    Baseline $

    % flowchart is a graphical representation of

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    a process which shows&

    9arious factors lin-e to potential pro*lems

    %cti#ities/ ecision points an the orer of

    processing $

    Preicta*le performance

    Whether a process is sta*le

    Which of the following is notan output

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    of Performance !eporting?

    !esol#e ,ssues $

    Performance !eports

    1orecasts

    !e8ueste Changes

    %ll of the following resources are inclue

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    in acti#it' cost estimating/ except&

    ,nformation Technolog'

    Time 0hortages $

    1acilities

    Materials

    The cost management plan&

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    The cost management plan&

    ,s a formal ocument integrate into theo#erall project management plan

    0houl *e highl' etaile an escri*e how all

    cost #ariances are to *e manage

    Ma' *e omitte if the integrate changemanagement plan is sufficientl' etaile $

    ,s a tool that is use to ajust cost estimateto reflect the realities of the project *uget

    Communication s-ills are relate to/ *ut

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    are not the same as 55555.

    ,nformation istri*ution

    Communication planning

    Project management communications $

    Performance reporting

    Which of the following is notan input

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    to cost *ugeting?

    Project 0cheule

    !is- Management Plan

    Cost 9ariances $

    Wor- Brea-own 0tructure

    ,n estimating the total of material resources re8uire for a project/

    'ou must first estimate the amount of waste to *e e(pecte. ;ou will

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    ' p

    most li-el' fin this information in which process?

    0upporting etail

    Parametric moeling

    !esource re8uirements

    6istorical information $

    The set of processes re8uire to ensure the #arious

    l t f th j t th t i t ll

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    elements of the project that are coorinate are calle&

    Project Charter Management

    Project Qualit' Control Management

    Project ,ntegration Management $

    Project Communications Management

    Organi+ation recognition inners/ certificates of appreciation/

    newsletters/ *ulletin *oars/ We* sites/ an other organi+ational

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    g

    per8uisites shoul *e a#aila*le to the 55555 as part of the process.

    0taffing Management Team

    0ponsor 3s4

    Project Management Team $

    0ta-eholers

    ,f project team mem*ers o not possess re8uire

    competencies/ performance can *e jeopari+e. When

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    p / p j p

    shoul competencies first *e aresse? Best answer

    When %c8uiring Project Team

    When efining !oles an

    !esponsi*ilities $

    ,n the Project Management Plan

    ,n the 0taffing Management Plan

    What ensures that all wor- within the project is ientifie

    an efine within a common framewor-?

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    an efine within a common framewor-?

    Project Plan

    !is- %nal'sis

    Wor- Brea-own 0tructure $

    Cost

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    which of the following?

    1oreign Currenc' E(change

    E9 minus P9

    Project team irector'

    irect an ,nirect costs of a prospecti#eprocurement $

    Congratulations Q=% Complete

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    Congratulations Q=% Complete

    ,n the pursuit of learning/ e#er' a'

    something is ac8uire. "ao T+u