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c722
PM Teacher test
| Question | Answer |
|---|---|
| A manufacturing company is reviewing potential projects for the coming year based on the CEO's request to reduce overhead costs. Which of the following projects would best align with the company's desired business strategy? | Replacing warehouse lighting with higher efficiency bulbs and motion sensors |
| An office supply store is starting a project to provide a new service to their customers. Which of the following strategic goals would be achieved by this project? | Increasing sales to existing customers |
| Which of the following would a firm establish to organize needed changes to support a long-term goal or objective? | PMBOK PRINCE2 |
| Which organization oversees the PMP certification? | PMI |
| Which of the following is a knowledge area of the PMBOK? | Risk Management |
| Which of the following is the highest level of project management maturity for an organization according to the OPM3? | Sustained |
| What is an important benefit of a company establishing a PMO? | Documents best practices, lessons learned, and project costs |
| What is a benefit of using a functional organizational structure? | Clarity regarding who is in charge and who answers to whom |
| A weak matrix organizational structure is most similar to which of the following? | Departmental |
| A small company without a PMO is planning on only doing 2 projects next year and cant afford to hire a consultant.They consider how to prioritize among several proposed projects, what is a criterion that will drive the model used to select the top project | Low cost |
| What project selection model would help them choose the best projects in spite of changing conditions? | Flexible |
| new PMO asks mgmt, empl, and project mgmt staff to submit q's to be used as criteria for prioritizing projects. They plan to use all submitted q's and weight them based on how many people submit the same q's What type of project select model is being used | Checklist |
| Which of the following measures calculates the amount of time it should take to recoup the cost to implement a project? | Payback Period |
| management tells the PMO not to worry about how long it takes to earn back the cost of the selected projects but rather to focus on maximizing the amount of money earned or saved over the long term. What numeric selection model is being used? | Return on Investment |
| During which project phase is the work breakdown structure developed? | Planning |
| Which of the following activities are properly ordered from beginning to end? | Project proposal; develop work breakdown structure; monitor budget and schedule; after action review |
| During which project phase is the charter written and approved? | Defining |
| What is a project deliverable? | Outcomes of project work handed off to others |
| Incomplete documentation in the defining and planning phases leads to what phenomenon later in the project? | Scope creep |
| During which project phase is the majority of the project work completed? | Executing |
| Why are phase-gates an effective tool for some projects? | It provides a clean exit point after some initial work is completed |
| The business case is documented during which project phase? | Defining |
| A large construction project to build apartments to house athletes for the upcoming Olympic games is underway. If anything starts getting off track, which triple constraint would not be appropriate to adjust? | Time |
| Which of the following documents are created during project planning? | Calendarized Budget |
| Which of the following documents are created during project initiation? | Project Charter |
| Which of the following activities are completed during project executing? | Creating the project deliverables |
| Which of the following activities are completed during project closing? | Pay outstanding invoices |
| Which of the following activities happen during monitoring & controlling? | Resolve conflicts among team members |
| A project with clearly defined outcomes and phases, little to no volatility, and well-known technologies would be a good candidate for which project management method? | Traditional |
| A project with vaguely defined project phases using experimental technologies would be a good candidate for which project management method? | Extreme |
| Which of the following is used to document the approach the project team will take to carry out the work of a project? | Project scope |
| A new PM is taking over. As she starts getting to know the project team, which of the following tools would give the new PM the best snapshot of who all the project team members are and their individual roles on the project? | Resource responsibility matrix |
| A project team is made up of people from different depmt. Due to the way workspaces are designed and the # of project team members, there is no space large enough for all team members to meet together in their weekly meetings. What type of risk is this? | Organizational |
| Which of the following risks would be considered high probability and low severity? | Copy machine runs out of paper |
| Which of the following tools would be used to analyze all activities and tasks in a project and determine the positive and negative risks associated with each? | Risk Breakdown Structure |
| A three-year project to design and build a large conference center has been approved. What type of budget would be used? | Calendarized |
| After the work breakdown structure for a custom construction project is developed, the project manager asks each team member how long they expect their tasks will take. What type of estimation method is being used? | Bottom-up |
| n which case is a one-point duration estimate likely to be the most accurate choice? | An experienced consultant working on a routine project |
| Which of the following precedence relationships is the most common? | Finish-to-Start |
| Which of the following is an important reason to monitor project costs? | Ensure money is available to pay for expenses when planned |
| When is the risk register monitored and updated? | Continuously |
| After a proposed project change has been approved by the sponsor, what is the next step in the change management process? | Communicate the change to stakeholders |
| Why are estimates such as those used in the 50-50 and 0-100 rule commonly used in calculating the Earned Value of a project? | They minimize disruption to team members |
| The expected completion date of a project has arrived, but the project is not done. If the PM runs an earned value analysis, what would be an expected result based on what we know about the project? | The SPI will be less than 1.0 |
| As part of a lessons learned review, the project manager is putting together a list of survey questions for team members to fill out. Which of the following questions needs to be rewritten before sending out the finalized survey? | Which team members should not be assigned to future projects; why not? |
| The project manager is authorizing final payments on outstanding invoices and asks the project team to submit documentation to show whether all procured items have been received and match expected quality levels. What is this process an example of? | Vendor-closing checklist |
| Which of the following is a valid reason for early project termination? | Project is inconsistent with current company strategy |
| Which of the following is an important step during the project closeout phase? | Documenting formal acceptance of project deliverables |