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Project Management Concept Test Questions #1

Project Management Concept Test Questions #1

Frage 1 von 50

1

You are responsible for a product development project that will result in a new high 240 kV breaker. Half way into the project your controller tells you that the production cost of the new breakers will be 27% higher than expected due to rising copper prizes and selection of copper as material for the break chamber. The deviation in the goal dimension is:

Wähle eine der folgenden:

  • Time

  • Cost

  • Scope

  • None of the dimensions

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Frage 2 von 50

1

You are responsible for a product development project that will result in a new high 240 kV breaker. Halfway into the project your controller tells you that the marketing cost of the new breakers will be 27% higher than expected due to rising copper prizes and selection of copper as the material for the brake chamber. The deviation in the goal dimension is:

Wähle eine der folgenden:

  • Time

  • Cost

  • Scope

  • None of the dimensions

Erklärung

Frage 3 von 50

1

What is a time critical project?

Wähle eine der folgenden:

  • A project that has too little time to finish

  • A project that is delayed

  • A project where the end date is more important than meeting the budget or scope

  • A project that is too generously time scheduled?

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Frage 4 von 50

1

One of a project manager’s main tasks is establishing sufficient project control through seeing to that:

Wähle eine oder mehr der folgenden:

  • Work is structured according to scope

  • Progress is evaluated and followed up

  • Risks are assessed

  • Scope is changed when deviations occur

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Frage 5 von 50

1

One major reason for failure is:

Wähle eine oder mehr der folgenden:

  • Too many projects are carried out simultaneously

  • Uncontrolled scope changes throughout project

  • The project team has too much influence over planning

  • Too much project models make execution too rigid

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Frage 6 von 50

1

Utilities is one of the most project intensive industries

Wähle eine der folgenden:

  • True

  • Not enough data

  • False

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Frage 7 von 50

1

Healthcare Industry is one of the most project intensive industry areas

Wähle eine der folgenden:

  • True

  • Not enough data

  • False

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Frage 8 von 50

1

Standardized management tools & techniques are key factors for project success

Wähle eine der folgenden:

  • True

  • Not enough data

  • False

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Frage 9 von 50

1

What are the 4 stages of team development?

Wähle eine der folgenden:

  • Forming, Storming, Norming, Performing

  • Enthusiasm, Hope, Panic, Solution

  • Assignment, Kickoff, Training, Communicating

  • Direction, Motivation, Cooperation, Collaboration

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Frage 10 von 50

1

During a software project Earned Value Analysis is performed and gives the following results: EV: 523,000; PV: 623,000; AC: 643,000. Which results are correct?

Wähle eine der folgenden:

  • CV: +120,000; SV: +100,000

  • CV: +100,000; SV: +120,000

  • CV: -100,000; SV: -120,000

  • CV: -120,000; SV: -100,000

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Frage 11 von 50

1

Which of the following is not normally an element of the Project Charter?

Wähle eine der folgenden:

  • The formal authorization to apply organizational resources to project activities

  • Work package descriptions

  • The business need that the project was undertaken to address

  • The product description or a reference to this document

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Frage 12 von 50

1

Which of the following Tools and Techniques is part of Risk Management Planning?

Wähle eine der folgenden:

  • Risk planning meetings

  • Documentation reviews

  • Data precision rankings

  • Diagramming techniques

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Frage 13 von 50

1

In the purchasing process, which of the following is the output of Source Selection?

Wähle eine der folgenden:

  • Proposals

  • Evaluation criteria

  • Contract negotiation

  • Contract

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Frage 14 von 50

1

Which of the following is not considered to be part of Project Resource Management?

Wähle eine der folgenden:

  • Working staff

  • Materials

  • Equipment

  • Time and money

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Frage 15 von 50

1

A project manager performs Earned Value Analysis and finds the following values: EV: 100,000; PV: 125,000; AC: 100,000

Wähle eine der folgenden:

  • The project is on schedule but costs exceed budget

  • The project is on schedule and on budget

  • The project is behind schedule but on budget

  • Then project is behind schedule and costs exceed budget

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Frage 16 von 50

1

Which of the following is (are) preventive measure(s) for dealing with risks?

Wähle eine der folgenden:

  • Creating contingency reserves in money and time

  • Developing a plan to minimize potential impact

  • Developing a plan to minimize probability

  • All the above

  • None of the above

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Frage 17 von 50

1

Project costs are over budget when:

Wähle eine der folgenden:

  • CPI > 1

  • CPI < 1

  • CPI = 0

  • SPI = 1

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Frage 18 von 50

1

Project costs are under budget when:

Wähle eine der folgenden:

  • CPI > 1

  • CPI < 1

  • CPI = 0

  • SPI = 1

Erklärung

Frage 19 von 50

1

Which of the following statements is not true?

Wähle eine der folgenden:

  • Cultural differences are a resource to be fully utilized

  • There is a common ground for people from different cultures on which they can interact without unsolvable conflicts

  • Cultural differences will always be an obstacle to be overcome

  • Culture is a critical lever for competitive advantage

  • All of the above

  • None of the above

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Frage 20 von 50

1

You are assigned as the project manager in a project with an aggressive schedule. During a recent meeting your team complained about the high pressure applied and the many hours of overwork time. What is the preferred solution to handle the problem?

Wähle eine der folgenden:

  • Try to obtain additional budget and time

  • Improve team communication and availability of high quality data on risks. Use this information to enable you to make well-founded decisions earlier

  • The problem might be the customer disturbing project rhythm. Keep him on distance from the team

  • Apply fast tracking to shorten project duration without additional work

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Frage 21 von 50

1

A project is managed by a project coordinator. Which of the following statements is most likely to be true?

Wähle eine der folgenden:

  • The performing organization is a weak matrix

  • The performing organization is doing "management by projects"

  • The performing organization is a strong matrix

  • The performing organization is project based

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Frage 22 von 50

1

Which of the following statements concerning cross-cultural differences is true?

Wähle eine der folgenden:

  • There is no one "best way" for project organization

  • Some cultures have values, some not

  • Cultural dilemmas should be denied to not allow them to disrupt project work

  • Communicating across cultures should only be done using language. The nonverbal dimension bears too many risks

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Frage 23 von 50

1

In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources. What is the term commonly used for this situation?

Wähle eine der folgenden:

  • Concurrent engineering

  • Resource over-allocation

  • Resource pooling

  • Program management

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Frage 24 von 50

1

What are SMART objectives?

Wähle eine der folgenden:

  • Objectives specified with far more detail than necessary for a successful project

  • Easily achievable objectives

  • Objectives that should be achieved in order to attain formal recognition

  • Objectives that have specific, measurable, assignable, realistic, and time related specifications

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Frage 25 von 50

1

Which is true regarding projects?

Wähle eine der folgenden:

  • A project is a unique service undertaken to create a temporary product

  • A project is a unique endeavor undertaken to create a temporary service

  • A project is a temporary endeavor undertaken to create a unique product or service

  • A project is a temporary product undertaken to create a unique endeavor or service

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Frage 26 von 50

1

In making an investment in a project, investors require

Wähle eine der folgenden:

  • The direct benefits from the project to be less than the investment in the project

  • The direct benefits from the project to be equal to the investment in the project

  • The direct benefits from the project to be more than the investment in the project

  • The sum of the direct and indirect benefits from the project to be more than the investment in the project

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Frage 27 von 50

1

Ongoing project planning is also known as ________.

Wähle eine der folgenden:

  • Rolling wave planning

  • Buildup planning

  • Activity planning

  • Project processes

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Frage 28 von 50

1

A ______looks at determining if the project idea is a realistic project.

Wähle eine der folgenden:

  • Case project study

  • Feasibility study

  • Matrix study

  • Demand study

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Frage 29 von 50

1

[MULTI-PART QUESTION #1]
You are the project manager for a seminar and training session that approximately 2,000-2500 employees will be attending. The employees attending the training will receive compensation for the travel expenses. You have rented a hall for the seminar and purchased sufficient meals and drinks for 2500 person; however, you are unsure exactly how many people will attend. Moreover, the number of tables required will change depending on attendance. The cost of the furniture should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

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Frage 30 von 50

1

[MULTI-PART QUESTION #2]
The cost of renting the hall should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

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Frage 31 von 50

1

[MULTI-PART QUESTION #3]
The cost of the trainer should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

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Frage 32 von 50

1

[MULTI-PART QUESTION #4]
The cost of the advertisement and invitations for the training should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Erklärung

Frage 33 von 50

1

[MULTI-PART QUESTION #5]
The cost of the food for the training should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Erklärung

Frage 34 von 50

1

[MULTI-PART QUESTION #6]
Your salary for the time spent preparing for the training should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

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Frage 35 von 50

1

[MULTI-PART QUESTION #7]
The cost of the travel expenses compensation for the employees should be considered?

Wähle eine der folgenden:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Erklärung

Frage 36 von 50

1

The most crucial time for project risk assessment is:

Wähle eine der folgenden:

  • When a problem surfaces

  • During the planning phase

  • During the close-out phase

  • After the project schedule has been published

Erklärung

Frage 37 von 50

1

A project should be terminated for all of the following reasons except:

Wähle eine der folgenden:

  • Lack of team synergy

  • The project no longer meets the company's objectives

  • The resources are not available to complete project activities

  • Project funding has been significantly reduced

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Frage 38 von 50

1

In Order to ensure that all work in the project is included, the PM should

Wähle eine der folgenden:

  • Create a contingency plan

  • Create a risk management plan

  • Create a WBS

  • Create a scope statement

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Frage 39 von 50

1

A project manager would find team development the most difficult in which form of organization?

Wähle eine der folgenden:

  • Weak Matrix organization

  • Balanced Matrix organization

  • Projectized organization

  • Strong Matrix organization

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Frage 40 von 50

1

Which of the following it the logical flow of any project?

Wähle eine der folgenden:

  • Planning, Initiating, Executing, Closing

  • Initiating, Planning, Closing, Executing

  • Initiating, Executing, Planning, Closing

  • Initiating, Planning, Executing, Closing

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Frage 41 von 50

1

In which phase of a project would you estimate activity duration and resources?

Wähle eine der folgenden:

  • Initiating

  • Executing

  • Planning

  • Closing

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Frage 42 von 50

1

Which of the following is not considered part of Maslow’s Hierarchy of Needs?

Wähle eine der folgenden:

  • Social needs

  • Safety

  • Motivation

  • Self-actualization

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Frage 43 von 50

1

You are managing the release of a new drug in the market. Your role is:

Wähle eine der folgenden:

  • Functional Manager, because you have good understanding functional knowledge of the pharmaceutical industry

  • Project Manager, because you are creating a unique product within specific time schedules

  • Operations Manager, because you have to do several repetitive tasks

  • Program Manager, because you have to manage several sub-projects to effectively do your job

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Frage 44 von 50

1

Which of the following is not true about a project?

Wähle eine der folgenden:

  • Constrained by limited resources and time

  • Planned, executed and controlled

  • Creates a unique product or service

  • May be ongoing and repetitive

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Frage 45 von 50

1

Your IT company is responsible for making software virus programs. You are responsible for managing both the individual product releases and the co-ordination of multiple releases over time. Your role is that of a:

Wähle eine der folgenden:

  • Functional Manager

  • Operations Manager

  • Project Manager

  • Senior Project Manager

  • Program Manager

  • Portfolio Manager

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Frage 46 von 50

1

Your organization is considering running a project which will entail an investment of $1,000,000. The product from the project is forecasted to create revenues of $250,000 in the first year after the end of the project and of $420,000 in each of the two following years. What should the decision be?

Wähle eine der folgenden:

  • Go ahead with the project

  • Abandon the project

  • Revise the project cost

  • None of the above

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Frage 47 von 50

1

You scheduled a kick-off meeting in order to announce the start of your project, present the plan and develop consensus on it. Another topic will be explanation of each team member’s role. In addition, you planned some time for discussions. You published the agenda of the kick-off meeting some weeks ago to all invited attendees. Now, short term before the event, you receive various cancellations by team members, who say that they cannot join the meeting. But they will be with you when project work will start.

Wähle eine der folgenden:

  • The kick-off meeting is secondary, you are happy if the team members will do their jobs.

  • You should insist on the presence of the team members to the appointed date.

  • If you force team members’ presence, they would anyway be distracted by their current problems.

  • It is probably a good idea to reschedule the meeting to a day, when all team members can attend.

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Frage 48 von 50

1

During human resource planning you identified that your team members are not sufficiently qualified for their tasks. Which may be an appropriate solution to this problem?

Wähle eine der folgenden:

  • Reduce the project scope/goal

  • Develop a training plan

  • Revise project plan and increase execution time

  • Increase employees monitoring

  • Develop intensive motivation plans for the staff.

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Frage 49 von 50

1

You monitored figures on cost and planned/earned value for each individual project week until the data date at the end of the sixth week. The values at the end of the Six week were: AC= $100,000, EV= $120,000, PV= $110,000. What is the status of this project at this date?

Wähle eine der folgenden:

  • The project is ahead of schedule and over budget.

  • The project is ahead of schedule and under budget.

  • The project is behind schedule and over budget.

  • The project is behind schedule and under budget.

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Frage 50 von 50

1

The values at the end of the Six week were: AC= $335,000, EV= $300,000, PV= $347,000. What is the status of this project at this date?

Wähle eine der folgenden:

  • The project is ahead of schedule and over budget.

  • The project is ahead of schedule and under budget.

  • The project is behind schedule and over budget.

  • The project is behind schedule and under budget.

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