Exam Questions Flashcards
(19 cards)
What is included in the Project Cost Baseline
Cost Estimates and Contingency Reserves
What is included in the Project Budget
Cost Estimate, Contingency Reserves, Management Reserves
What is a histogram?
Bar charts that are used to graphically show numeric data. Ex: shows data related to how many errors or defects have been identified or corrected
What refers to the progressive elaboration of project requirements and the ongoing activity in which the team collaboratively reviews, updates, and writes requirements to satisfy the needs of the customer request?
Backlog Refinement
Jen works as a project manager for the National Weather Agency. She is managing a project designed to assess the effect of climate change on northern mountains. The initial study established a two months’ delay for the testing equipment to reach mountains due to road construction. However, a recent assessment has indicated a significantly shorter delay because of rapid progress in construction. To deal with the shorter delay, what should Jen do?
Update the risk register
Appropriate sampling can often ___________the cost of quality control.
Reduce
______________are used during stakeholder analysis to rank stakeholders based on their power, influence, interest, and impact
Stakeholder classification Models
For a particular outsourcing arrangement, the project team decided to keep mostly fixed items, e.g. warranties and arbitration, in the master agreement. However, more dynamic items such as scope, schedule, and budget can be formalized in a:
Lightweight statement of work
A project team is struggling with a number of technical obstacles and impediments on the project. The servant-leader was able to remove some of the initial obstacles, but now some of these need to be escalated. What is recommended next?
Consult the coach
Mobbing requires that multiple team members focus simultaneously and coordinate their contributions on a particular work item. This technique is also known as:
Swarming
What is a technique in which multiple team members focus collectively on resolving a specific impediment.
Swarming
Observation, conversation, and project management appraisals are great examples of what?
Unplanned training
You are conducting an iteration demonstration to a group of stakeholders when the CFO expresses their displeasure over the missing reporting module. You explain to the CFO why the module was rescheduled to be developed in a later iteration. How could you have better managed this?
Taking the CFO in confidence
A seller organization was executing work for a project under a contract. During the course of the project, a number of disputes arose over the scope and quality of the work. Which of the following is the preferred method of resolving these claims?
Negotiation
What is the preferred method of resolution of all claims and disputes?
Negotiation
Types of information radiators?
Scrum Board and Kanban Board
What are the WBS attributes?
Deliverable oriented, hierarchal, decomposition of work to be accomplished by the team
In the procurement process, the seller may be viewed initially as a bidder, then as the selected source, and then as the contracted supplier. The seller will typically manage the work as a project. In such an instance, which of the following is not true?
The buyer becomes the customer and is then a key project stakeholder for the seller.
There need not be a contractual relationship between the buyer and the seller.
The seller’s project management team is concerned with all the processes of project management and not just procurement management.
There need not be a contractual relationship between the buyer and the seller.
After the project scope was finalized, you developed a cost estimate of US$5.5 million. The sponsor reviews your detailed costing sheets and is concerned about the total cost figure. He tells you that the maximum allowable budget he can allocate for this project is US$5 million. What should you do?
Evaluate ways that can result in cost savings and re-estimate the project.
