A.Increase the timeline for the project.
B.Determine what would happen if you fast tracked or crashed the project, and let the Change Control Board know the impact.
C.Ask the resources to work overtime to meet the project deadlines.
D.Change the project scope.
Answer: B Explanation: Schedule compression shortens the project schedule without changing the project scope to meet schedule constraints, imposed dates, or other schedule objectives. Schedule compression techniques, include crashing, fast tracking, re-estimating, and/or cut scope/quality.
A.Work performance information
B.Communications technology
C.Communications methods
D.Information management systems
Answer: A Explanation: Performance reports are the output from the Control Communications Process; not from Manage Communications Process.
A.Reschedule the meeting for a later date.
B.Go ahead with the meeting and tell the participants what is wrong with the report.
C.Go ahead with the meeting, but ask your team member to make the presentation.
D.Refer the team member`s report to management and ask them to cancel the meeting.
Answer: A Explanation: Option A is the best choice. It’s always best to understand things before you try to discuss them . Option B and C can adversely impact the team morale and undermine your position in the bidder conference. Option D is not recommended, as you should take ownership to solve the problem.
A.It is a time - phased budget.
B.To measure disbursements, a spending plan can be used as a cost-baseline.
C.It is used to measure, monitor, and control overall cost performance.
D.In the earned value management technique, it is also known as cost measurement baseline.
Answer: D Explanation: In the earned value management technique, the cost performance baseline is referred to as the performance measurement baseline (PMB).
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A.Contingency risk
B.Pure risk
C.Secondary risk
D.Residual risk
Answer: C Explanation: Components of risk register…Secondary risks that arise as a direct outcome of implementing a risk response.
A.Direct and Manage Project Work
B.Develop Project Management Plan
C.Validate Scope
D.Create Deliverables
Answer: A Explanation: Performing the work is done during Executing. Direct and Manage Project Work is the process of performing the work defined in the project management plan to achieve the project`s objectives.
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A.Use a quality control chart
B.Draw an Ishikawa diagram
C.Create a flowchart
D.Draw a Pareto chart
Answer: B Explanation: Cause and effect diagrams (also called Ishikawa or fishbone diagrams), illustrate how various factors might be linked to potential problems or effects.
A.Formal phase completion necessarily includes authorization for the subsequent phase.
B.A project phase can be closed with a decision not to begin the subsequent phase.
C.Project phases shouldn’t be divided into sub-phases even in complex projects, as it becomes too difficult to manage.
D.All deliverables in the project phase should correspond to the project management process.
Answer: B Explanation: Formal phase completion does not necessarily include authorization for the subsequent phase. For instance, if the risk is deemed to be too great for the project to continue or if the objectives are no longer required, a phase can be closed with the decision not to initiate any other phase.
A.Value engineering
B.Unanimity
C.Voice of customer
D.Kanban
Answer: A Explanation: This is the definition for Value Engineering. Kanban is a method for managing knowledge work with an emphasis (JIT), and LEAN. Work is pulled from a que. May also relate to visual process management.
36.According to Herzberg`s theory, all of the following are motivating factors, except:
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A.Recognition
B.Increased responsibility
C.Career advancement possibilities
D.Salary
Answer: D (Although an increase in salary for additional performance can be a motivator, salary by itself is not.)
A.The ability/skills of the supplier to deliver the goods.
B.Collusion between the supplier and your team.
C.Lack of proper scope definition.
D.Lack of a legally binding agreement.
Answer: A Explanation: 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.
A.Activity attributes, project scope statement, and activity list
B.Activity list, activity attributes, and schedule data
C.Project calendar, requested changes, and schedule data
D.Work performance information, schedule baseline, and performance reports
Answer: A Explanation: In the Develop Schedule Process, planned start and finish dates for project activities are determined by using activity attributes, project scope statement, and activity list as inputs. The other options contain outputs.
A.S-curves, histograms, Pareto diagrams, GERT Charts
B.S-curves, responsibility assignment matrices, histograms
C.Bar charts, S-curves, histograms
D.Bar charts, control charts, project network diagrams
Answer: C Explanation: Common formats for performance reports include bar charts, S-curves, histograms, and tables.
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A.Pay the fee to the government agencies.
B.Refuse to pay the fee, because they are bribes and hence unethical.
C.Make a case why fees should be paid to government agencies, and present it to your management.
D.Offer gifts to the government officials instead of fee to get their support.
Answer: A Explanation: A project manager has the responsibility to refrain from offering or accepting inappropriate payments, gifts, or other forms of compensation for personal gain, unless it is in conformity with applicable laws or customs of the country where the project management services are provided. In this scenario, however, since the law of the country requires payment of fee to the government agencies, you will not be committing any breach of the Code if you pay the same. It is a constraint.
BAC = $ 1,000,000
EV = $ 200,000
PV = $ 400,000
AC = $ 150,000
A.$ 1,425,142
B.$ 1,200,120
C.$ 751,879
D.$ 1,050,000
Answer: A Explanation: Since original estimating assumptions are no longer valid, use: AC + (BAC – EV) / (SPI x CPI) Reminder: SPI = EV / PV and CPI = EV / AC $ 150,000 + ($1,000,000 - $200,000) / (.5 x 1.333) so…. $950,000 / .6666
A.Risk transference nearly always involves payment of a risk premium.
B.Fixed price contract always transfers the risk to the seller.
C.Cost-plus contracts may transfer the cost risks to the buyer.
D.Contracts may be used for the transference of liability for specified risks to another party.
Answer: B Explanation: A fixed-price contract may transfer risk to the seller.
A.A strong matrix organizational structure in your company
B.A good communication management plan
C.Good project selection techniques
D.Positive stakeholders who support the project
Answer: B Explanation: Option B is the best choice. Integration and Communication go hand-in-hand. A good communication management plan ensures good communication between the different project interfaces and team members. This is essential for project integration management. Option A: Strong matrix organizational structure is not essential for good project integration management. Other organization structures, including projectized, balanced matrix, etc, can also provide successful project integration management. Option C: Project selection techniques are used for project selection in initial stages of the project. However, they are not essential for project integration management. Option D: Projects may have positive and negative stakeholders, but the type of stakeholders will not affect successful project integration management.
A.Cost of conformance
B.Failure costs
C.Sunk costs
D.Opportunity costs
Answer: B Explanation: Failure costs are often categorized into internal (found by the project) and external (found by the customer). Failure costs are also called cost of poor quality.
A.Project interdependencies
B.Projects and programs
C.Programs and operations
D.Functional work and operations
Answer: C Explanation: Best answer. Portfolio refers to a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.)
A.Ask the sponsor to determine the impact of the schedule first.
B.Ask the sponsor how much it will cost to make the change.
C.Perform a funding limit reconciliation immediately, and let the sponsor know what the additional costs will be.
D.Work with the sponsor throughout the change control process.
Answer: D Explanation: If there is a major change to the project, the project manager should try to influence the change to minimize the impact on the project. Usually the project manager s advised to do the following: 1) Evaluate the impact of the change within the team. 2) Help the customer (or person requesting the change) understand the impact of the change. 3) If changes are in fact required, then open a change control and get the request approved. Obviously, you will have to inform the management and the change control board about the impact of the changes. 4) If the change control board approves changes, then make appropriate changes in the project plan.
A.Lessons learned documentation
B.Existing human resources
C.Personnel administration policies
D.Marketplace conditions
Answer: A Explanation: The enterprise environmental factors that can influence the Develop Human Resource Plan process include, but are not limited to: organizational culture and structure, existing human resources, personnel administration policies, and marketplace conditions. Lessons learned documentation become organizational process assets.
A.Source selection criteria
B.Contract
C.Procurement statement of work
D.The contract & procurement statement of work
Answer: D Explanation: Best answer. Teaming agreement: 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.
A.Define Activities
B.Collect Requirements
C.Create WBS
D.Create Stakeholder Management Plan
Answer: A Explanation: Define Activities is the process of identifying the specific actions to be performed to produce the project deliverables.
A.Requirements documentation
B.Project Charter
C.Project Scope Statement
D.Organizational Process Assets
Answer: C Explanation: The Project Scope Statement is the key output of the Define Scope Process.