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c722
Project Management PA
| Question | Answer |
|---|---|
| A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver a tailored service to its customers. the firm initiates a (BMP). Which aspect of project management applies to this firm’s project? | Interdependent tasks |
| A firm begins its strategic business initiative of developing a new business model to enhance its competitiveness. What can be identified as a strategic business initiative for this firm? | Improvement in product design |
| A firm begins a strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. Which stakeholder would have triggered this strategic business initiative? | Project sponsor |
| Which group is included in the five process groups? | Closing process group |
| What does PRINCE2 stand for? | PRojects IN a Controlled Environment |
| Which PMBOK process group is described as the delivery part of project management where the main activity happens? | Executing |
| Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple projects? | Lines of authority are clear. |
| Which two organizations are examples of organizations with the functional organizational structure? | The U.S. Department of State, The U.S Department of Energy |
| An organization expects to use a project management office (PMO) to support multiple projects that will be implemented within a projectized organizational structure. Which implied effect is a benefit to this organization? | Project team members gain access to historical data from other projects. |
| Regardless of the organizational structure used to manage a project, an organization elects to use a project management office (PMO). Which benefit will this organization gain? | Projects will coordinate resource usage by monitoring the status of shared resources. |
| During project phase, blueprints are drawn and approved, mat.and lab. costs are est., protos are created, and work activities and tasks are identified,quality expectations,measurements, and costs are defined. which project phase do these activities occur? | Planning |
| Place the project activities in order of occurrence from first to last | Collecting customer requirements, Developing the work breakdown structure, Working to produce project deliverables, Customers evaluating the project outcomes, Capturing lessons learned |
| During which life cycle phase is the vast majority of the actual work to produce the project’s deliverables completed? | Executing |
| What is the correct term for an intermediate outcome of project work, such as a signed contract or obtaining a construction permit? | Deliverable |
| Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its completion at project closure? | User training |
| 18. For the following (WBS) for Project O, the project’s steering committee held a phase gate review of the Feasibility results. That review determined that the project’s proposed design would be obsolete before it would reach the marketplace. | 18. Which action should the project manager initiate?Terminating the project as soon as possible and releasing the project’s resources |
| Which two processes are considered iterative processes | Planning, Executing |
| Which activity is accomplished as part of the planning process of a project? | Finalizing the project budget |
| Which activity is accomplished as part of the planning process of a project? | Finalizing the project schedule |
| Which activity is accomplished during the closing process of a project? | Reconciling the vendor accounts |
| Which activity is accomplished as part of the executing process of a project? | Implementing the project plan |
| Which process involves determining who the project’s stakeholders are? | The initiating process |
| Which tool could a project manager use to ensure that the project team will address the items that are important when developing and defining the project’s scope? | Checklist |
| A project manager wants to understand and document the approvals that must be obtained for each work package in the work breakdown structure (WBS). Which tools document the approval requirements for each work package? | Project statement of work (SOW), Requirements traceability matrix (RTM) |
| What are the three categories of risk in the project risk register? | External, technical, or organizational |
| A project manager is creating a list of anticipated project tasks while building a calendarized budget. What is the key component of this budget called? | Activity estimates |
| A project manager has identified activities in a calendarized budget. What is the appropriate next planning action this project manager should take to utilize the cost, duration, and sequencing information for these activities? | Creating project schedules |
| Which output is needed prior to using the bottom-up estimating technique? | Work breakdown structure |
| What is the purpose of the cost performance index (CPI)? | To measure a project’s cost efficiency |
| What is the purpose of the schedule performance index (SPI)? | To determine a project’s time efficiency |
| What is the purpose of cost variance (CV) analysis? | To determine if a project is meeting budget expectation |
| What is the name for the closing task where all project activities are reviewed to determine what went right and what went wrong? | Lessons learned review |
| What is another name for the lessons learned review that is often used by the military and other uniformed services? | After action report |
| The customer of a project validates that scope has been completed for the second of three segments of the project. Which closure practice does this describe? | Stage completion |
| The customer of a project validates that the project scope has been completed, all invoices have been paid, and the expected benefits have been realized. Which closure practice does this describe? | Deliverable completion |
Created by:
chawk69