PM SITE 4 Flashcards
(50 cards)
The project schedule performance index is 1.1, and the cost performance index is 0.9. Which of the following describes the project status?
A. Ahead of schedule and over budget
B. Behind schedule and under budget
C. Ahead of schedule and under budget
D. Behind schedule and over budget
C. Ahead of schedule and under budget
A non-stakeholder approaches the project manager and asks if certain items can be added to a project that was started two months earlier. Which of the following constraints does this impact MOST?
A. Time
B. Schedule
C. Scope
D. Cost
D. Cost
A team member was replaced on a project by a new team member of equal capability. Which of the following should the project manager do FIRST?
A. Resource loading
B. Resource leveling
C. Prioritizing tasks
D. Allocating resources
D. Allocating resources
Which of the following would indicate a project manager is working in a matrix-based organization?
A. The project manager has full authority over resources and the project.
B. The project manager has no authority over the project resources and limited-to-no authority over the project.
C. Resources align to the project, report to the project manager, and have no functional home at the end of the project.
D. Resources report to business area functional managers and return to the functional area at the end of the project.
A. The project manager has full authority over resources and the project.
A project team is spread between two countries on different continents. Which of the following factors are MOST likely to influence communication methods selected for the communication plan? (Select TWO).
A. Interorganizational constraints B. Personal preferences C. Language barriers D. Cultural differences E. Confidentiality constraints
C. Language barriers
D. Cultural differences
Two team members approach a project manager with different ideas for completing a task. After listening to the team members’ ideas, the project manager does not choose either one and requires both members to finish the task as originally planned. Which of the following conflict resolution techniques is the project manager applying?
A. Avoiding
B. Smoothing
C. Forcing
D. Compromising
B. Smoothing
A project team has finished creating a WBS and started developing a schedule. The team should FIRST determine the:
A. durations.
B. tasks.
C. critical path.
D. resources.
B. tasks.
A team has been assembled and assigned a project to reduce recent, unanticipated production cost overruns. Which of the following tools should the project team select to determine the possible origins of the increased costs?
A. Pareto chart
B. Fishbone diagram
C. Process diagram
D. Run chart
B. Fishbone diagram
A project has a … of $850,000. The project manager has identified and documented that certain key applications were not included in the scope management plan. As reported, the CPI is 0.8, and the PMO allows only a 5% additional increment to the planned budget. Which of the following should the project manager do NEXT?
A. Add the required work to complete the project behind $892,500.
B. Evaluate the impact and justify adding new work to the project.
C. Obtain approval from the CCB.
D. Request a budget increase of $170,000.
C. Obtain approval from the CCB.
A project manager is releasing resources and archiving documents. Which of the following phases is the project MOST likely in?
A. Initiation
B. Planning
C. Monitor and control
D. Closing
D. Closing
A project team added a new member who has proprietary information about a competitor’s product. The team member was suddenly removed from the project. Which of the following MOST likely occurred?
A. The company received a C&D.
B. A higher-priority project needed the expertise.
C. The new member did not sign an NDA.
D. An SLA prevented new team members.
A. The company received a C&D.
In which of the following categories does a business process change fit?
A. Project change
B. Organizational change
C. General change
D. Departmental change
B. Organizational change
A project manager is trying to explain to a stakeholder why projects are progressively elaborated upon. Which of the following is the BEST explanation?
A. In the beginning, projects entail a degree of uncertainty that needs to be specified.
B. In the beginning, projects have start and finish dates that require elaboration.
C. In the beginning, projects are part of a program that requires coordination.
D. In the beginning, projects start with detailed inputs that need to be explained.
A. In the beginning, projects entail a degree of uncertainty that needs to be specified.
A change must be made to a project to comply with municipal code. The project manager updates the relevant shared project documents. The key stakeholders subsequently update the documents with new information. When the project deliverables are reinspected, they fail the inspection. Which of the following is the MOST likely reason for the failed inspection?
A. There were insufficient resources assigned to the task.
B. The prior document version was not reviewed.
C. Version control processes were not applied.
D. The CCB was not contacted.
C. Version control processes were not applied.
A project manager has received a change order that will reduce a project’s timeline and budget. However, the change order also indicates the goals and deliverables of the project must remain unchanged. Which of the following is the MOST logical impact to the project?
A. The reduced timeline will impact the quality of the deliverables because the amount of time to test will be reduced.
B. The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
C. The reduced timeline will decrease risk, resulting in an increased contingency reserve.
D. The reduced budget will cause the project manager to reject the change order.
B. The reduced budget will result in reduced resources, which will lead to a strong matrix organizational structure being used.
A risk with a high probability and medium consequence to a project has been identified. In response, the project manager has purchased an insurance plan with the intent to provide additional funds if the risk is realized. There is no risk to the schedule or scope. Which of the following types of risk strategies is this an example of?
A. Accept risk B. Transfer risk C. Mitigate risk D. Exploit risk E. Avoid risk
B. Transfer risk
Explanation
Transfer: Moving the liability for the risk to a third party by purchasing insurance, performance bonds, and so on
Which of the following is described as placing responsibility for addressing the potential effects of an uncertain future event on an entity outside the organization?
A. Risk avoidance:e
B. Risk transfer
C. Risk exploitation
D. Risk mitigation
B. Risk transfer
Team members have reported poor sound quality during critical, time-sensitive conference calls. Which of the following may be a more effective means of communication?
A. One-on-one meetings
B. Project wiki
C. Text messages
D. Social media
A. One-on-one meetings
A project manager is creating the monthly report for top management. The project manager has collected the information below:
AC = 100
PV = 80
EV = 120
Based on this information, the CPI reflects which of the following about the project?
A. It is under budget.
B. It is over budget.
C. It is ahead of schedule.
D. It is behind schedule.
A. It is under budget.
Explanation
The cost performance index (CPI) is calculated this way:
CPI = EV / AC
In a project with a … of $235,000, the CPI is 0.80, and the SPI is 1.20. Based on this information, which of the following can the key stakeholders determine about the project?
A. The project is under budget and ahead of schedule.
B. The project is over budget and ahead of schedule.
C. The project is under budget and behind schedule.
D. The project is over budget and behind schedule.
A. The project is under budget and ahead of schedule.
Which of the following risk strategies is represented by the purchase of insurance?
A. Mitigate
B. Accept
C. Transfer
D. Avoid
C. Transfer
Which of the following is a team-building stage that involves the team learning to trust one anothers abilities and begin working together as a productive group?
A. Norming
B. Forming
C. Storming
D. Performing
Correct Answer: A
Explanation:
Explanation:
Norming is where things begin to calm down. Team members know each other fairly well by now. Theyre comfortable with their positions in the team, and they begin to deal with project problems instead of people problems. Decisions are made jointly at this stage, and team members exhibit mutual respect and familiarity with one another.
When forming a project team, there are a number of phases.
When a project team is productive and effective this phase is known as which of the following?
A. Forming
B. Norming
C. Performing
D. Storming
C. Performing
The business stakeholder has been engaged late and has just had a chance to review the approved requirements. Consequently, it has been identified that there are a number of gaps in the requirements which are critical to the stakeholders’s business unit.
Which of the following actions should the project manager take?
A. Initiate change control.
B. Follow communications plan.
C. Manage project quality.
D. Prepare a performance report.
A. Initiate change control.
