Prep 1

All of the following are parts of the scope baseline EXCEPT the:

A project manager´s scope management efforts are being audited. The cost performance index (CPI) on the project is 1.13, and the benefit cost ratio (BCR) is 1.2. The project scope was created by the team and stakeholders. Requirements on the project have been changing throughout the Project, no matter what the project manager has tried to accomplish in managing the Project. Which of the following is he MOST likely to face in the future?

Four project managers are having lunch together and discussing their projects. Most of the time they are just complaining about how hard projects are to manage in their company. Some complain about the stakeholders and the numbers of changes they cause. Others talk about how hard it is to get people to cooperate and perform. Which organizational structure are they working in?

Lag means:

A pesar de que los interesados pensaban que había suficiente dinero en el presupuesto, a la mitad del proyecto el índice de desempeño del costo (CPI) es de 0,7. Con el propósito de determinar la causa primordial, varios interesados hacen auditoría del proyecto y descubren que el presupuesto de costo del proyecto se estimó de forma análoga. A pesar de que la suma de los estimados de las actividades da como resultado el estimado del proyecto, los interesados creen que algo faltó debido al modo en que se completó el estimado. ¿Cuál de las siguientes opciones describe lo que hizo falta?

A project manager wants to determine how his Project is doing at the end of sixth month. The actual total expense of the Project is $720,000. The planned Budget for this length of time was $600,000. He finds that:

A Project Manager primary professional responsibility is towards:

In undertanding the project environment, all of the following are true EXCEPT:

Which of the following is CORRECT?

Organizations perform work to achieve a set of objectives. All of the following are true about projects and operations work EXCEPT:

Which of the following is another name for the fishbone diagram?

The most detailed level of the WBS is called the _______________ . PMBOK p161

You are the Project manager of a design build Project that has an approved Budget of $1,000,000. The Project started eight months ago and has a total actual cost of $650,000 till now. The $650,000 is the:

Which process includes the implementation of the approved changes to achieve the project objectives?

A heuristic si BEST described as a:

Which of the following is NOT a typical characteristic of a project management office (PMO)?

The housing development project is progressing well. The bank Vice President who is the executive Sponsor gets promoted and moves to a new branch. His replacement is brought in from a new area and, upon arrival, asks to see where the project currently stands. Which of the following do you show him?

Which is one objective of Critical Path Method (CPM)?

A project manager is trying to convince management to use more formal project management procedures and has decided to start improving the company´s project mangement by obtaining a project charter. Which of the following best describes why the project charter would help the project manager?

A project manager has just started a newly selected project and going through initial meeting with sponsor and other key stakeholders. One VicePresident (VP) who is a key stakeholder wants to know in this moment how much the project will cost and how long it will take. The project manager has just initiated the project and does not have details but still provides an estimate to the VP. Which technique did he use?

You have been assigned to a project for a new software product that you do not believe will succeed. You have made these feelings clear to your company, but they wish you to work on the project anyway. What would be the BEST course of action in this case?

The printing company has added a new one for its laminating business. This involves new technology to laminate book covers quicker and cheaper. They are anticipating this will allow them to make a greater type of product and improve output efficiency. Adding this is an example of what?

Mr. Smith and his project team are beginning a project. During one of the meetings, they try to understand how client organization informs the project status and they identifie that It is expected to elaborate perfectly prepared reports. This is an example of:

Which of the following is the BEST project management tool to use to determine the longest time the project will take?

The road construction project is twelve weeks behind schedule with ten team members working on it. Five of these team members are working on the Critical Path related items. What is the Slack of the Critical Path?

Disputes may arise between a buyer and a seller on a contract. There are several techniques that can be used to resolve such disputes. Which of the following is the sequence from most favorable to leas favorable technique to be used?

A project manager was asked by the project management office to make a presentation on project management to company employees in attendance. He made an incorrect statement about projects. Which one is it?

The project manager has just received a change from the customer that does not affect the project schedule and is easy to complete. What should the project manager do FIRST?

To maintain the project scope under control, the project manager need to use:

A project team is having their first quality meeting and plans to review the organization’s quality policy when it is discovered that the company has never developed an organizational quality policy. The project manager is very concerned about this discovery. What would be the BEST course of action?

The vice president of the marketing division has decided to take a “wait and see" approach to a new direction the solid state amplifier market appears to be headed in. He feels that waiting will minimize a great deal of the risk that could come with being a leader in the market, in case the market changes. What would the vice president be considered?

All of the following are objectives of Monitor Communications process EXCEPT:

What is an output of Control Procurements process?

Four project managers are having lunch together and discussing their projects. Most of the time they are just complaining about how hard projects are to manage in their company. Some complains about the lack stakeholders availability and focus on projects. Others talk about how hard it is to get people to cooperate and perform. One project manager wants to focus on the advantages of the matrix type organization they all work in for their projects. Which of the following would he mention?

All of the following MUST be present to have a contract EXCEPT:

All of the following would occur during the Close Project Phase EXCEPT:

One goal of portfolio management is to:

You are a project manager who was just assigned to take over a project from another project manager who is leaving the company. The previous project manager tells you that the project is on schedule, but only because he has constantly pushed the team to perform. What is the FIRST thing you should do as the new project manager?

All of the following activities are included in Direct and Manage Project Work except: Seleccione una:

When an organization rejects a project because it is not aligned to its strategy, they:

The project is mostly complete. the project has a schedule variance of 300 and a cost variance of -900. All but one of the quality control inspections have been completed and all have met the quality requirements. All items in the issue log have been resolved. Many of the resources have been released. The sponsor is about to call a meeting to obtain product validation when the customer notifies the project manager that they want to make a major change to the scope. The project manager should:

What is the duration of a milestone?

One caracteristic of the project life cycle is that it:

The construction team is building a new design for their company. This is a new design type at their company, and the market for the product is extremely unstable because of current interest rates. According to the site manager, a key to success will be to have an extremely accurate estimate on the resource needs for the project, because the company is resource constrained. Which type of duration estimating approach is beter in this case?

The project charter for a project was approved for planning and you have just been assigned as project manager. Realizing that project planning is an ongoing effort throughout the project, which processes are you MOST likely to combine?

A dependency requiring that design be completed before manufacturing can start is an example of a:

If the project current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project?

You are in charge of a new important project with a lot of uncertainty scenarios in front. Which practice do you choose an why?

An important input in Define Activities process is:

Your company is involved in an integrated circuit project in which the information and intellectual property associated with it are highly sensitive resulting in the only product in this market. The project will involve people from a variety of skill sets on the project. Given this, which of the following would make the most sense when planning the project?

A business case includes all of the follow, except:

Which of the following are GENERALLY illustrated BETTER by bar charts than network diagrams?

The wireless security system project is having problems with people not knowing about meetings and not involved in approval of project deliverables. The project is in the process of being audited by the PMO. What document would likely show information that could fix this problem?

The team is in the process of completing the Work Breakdown Structure of the project. Once they have completed this, which of the following can they begin to work on?

You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the budget EXCEPT:

All of the following statements about the project life cycle and the product life cycle are true EXCEPT:

The retail chain is using a vendor to provide engineers for a security camera network design and implementation. The equipment buyer is providing the list of models and quantity of each piece of equipment to be purchased plus the purchase timeframes. What type of document is being provided to the sellers?

An output of the Close Project or Phase process is the creation of:

If the optimistic estimate for an activity is 12 days, the pessimistic estimate is 18 days and the most likely is 13, what is the expected duration of this activity?

If you are influencing factors that create changes to the cost of the project, which process are you using?

You are assigned as the project manager in the middle of the project. The project is within the baselines, but the customer is not happy with the performance of the project. What do you do first?

The primary objective of contract negotiation is to:

A project schedule has activities and milestones. What do you know about milestones?

Project Manager is calculating SPI and SV (Schedule Variance) in order to determine if the project is still within the tolerances defined by client. He will use this information to:

Two project managers have just realized that they are in a weak matrix organization and that their power as project managers is quite limited. One figures out that he is really a project coordinator and the other realizes he is a project coordinator too. How is a project coordinator role different from a project manager?

Cultural and social environmental aspects to be considered by the project team include all of the following areas EXCEPT:

Your point of sale upgrade project is almost complete. You have outsourced the remote installation to three different companies to complete. As the project closes down, what will be done first?

Which of the following is NOT a valid tool for risk identification?

International factors to be considered by the project team generally include all of the following EXCEPT:

As a project manager on a software development project for a customer, you have received an advice from customer that they want deliverable-based invoices. This means you will have to track the costs by each piece of work done. The system within your organization is setup to capture costs by resources, which means the total cost of the project at a certain instance is derived from cost booked against the project of the resources. What should you do?