Quiz 1 1. Set the factor standard (PMI) 2.The advent of project management has been most profound in (Information Technology OR Electronic World) 3. Change visitor logon screen on website to include a username with at least 6 characters. This is considered (Ongoing operations) 4. Which of the following is not characteristic of project? A. An established objective D. Only for internal use 5. Which one is not a project? A. Develop new software program B. Design a space station C. Prepare the site for Olympic players D. Production of automobile tires 6. Which bring together a set of tools and techniques used to describe, organize and monitor the work of project activities? (Project Management) 7. A project is considered successful when A. The product of project has been manufactured B. The project sponsor announces the completion of the project C. The product of the project is turned over to operations area D. The project meets or exceeds the expectation of the stakeholders. 8. From among the following, which is the best example of project? A. Processing insurance claims B. Producing automobiles C. Writing a term paper D. Completing a college degree 9. Which stage is major portion of physical and mental project work performed? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering 10. Five project management process in correct order. Initiating----Planning----Executing----Monitoring----Controlling----Closing 11. Which of the following characteristics is not typical of project manager? A. Managing a temporary activity B. Possesses in-depth technical knowledge C. Managing a non-repetitive acting D. Manages independently of the formal organization Speed E. Evaluate historical information 16. Longer project lead times 18. Executing C. Which of the following is true? A. During which project management process are risk and stakeholder’s ability to influence project outcomes the highest at the beginning of the process? A. Closing 15. Planning B. Corporate downsizing has increased the trend toward… A. Divide large project into phases D. Repeatability 13. This is a project because this new product line has never been manufactured and sold by this company before B. Initiating D. What process group are you in? A. Your company manufactures small kitchen appliances. Monitoring and controlling E. Shorter project lead times E. 17. Project management ideally suited for business environment requiring all of the following except: A. Innovation D. It is introducing a new product line of appliances in designer colors with distinctive features for kitchen in small spares. Accumulate historical information E. Outsourcing significant segments of project work C.12. Executing C. Flexibility C. EXCEPT A. The movement of manufacturing operations out of the US and Europe B. Both A and B are true . Initiating D. You are project manager working on gathering requirements and establishing estimates for the project. Planning B. Accountability B. The new products will be offered indefinitely starting with the New Year catalog release. Time to market C. Identify and document business needs B. The importance of project management has increased due to… A. Using dedicated project teams D. Create a project scope statement C. This is an ongoing operation because the company is in the business of manufacturing kitchen appliances. Monitoring and controlling E. All of the following must be performed during project initiating. Closing 14. Reducing the number of projects a company initiates B. introducing designer colors and features is simply a new twist on existing process. The movement toward flatter and leaner organizations D. All employees report to two or more managers but project team members show loyalty to functional managers C. 2. The key stakeholder’s influence on the project 7. All employees report to one manager and have a clear chain of command B. which one is NOT a primary characteristic of organizational culture? A. Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operation. 4. The amount of authority a project manager possesses can be rated to which of the following? A. Strategy B. the best functional organization is (project organization). The organizational structure C. Delivering Quiz 2 1. What is one of the advantages of a functional organization? A. Executing E. Crusade E. From list below. For this situation. The organization is focused on projects and project work D. The amount of authority the manager of the project manager possesses D. whom it will benefit and what the budget will be? A. The project needs to be done quickly and a higher level of motivation will be needed in order to do that. Conflict tolerance E. Control B. (Matrix) organization is a hybrid organizational form in which a horizontal project management structure is overlaid on the normal functional hierarchy. Program C. A project team operates with full time project manager as a separate unit from the rest of the organization is structured as a (projectized) organization. Organizational culture is best explained as organizational (culture). Planning D. Teams are co-located . 3. when it will be scheduled. Campaign D. A. B and C are true 19. Defining C. 5. related multiple projects that continue over extended time intended to achieve a goal is known as A.E. A series of coordinated. Conceptualizing B. Risk tolerance 6. The project manager’s communication skill B. Venture 20. History D. Team emphasis C. In which of the following stages is it determining what the project will entail. Sum up the work package and risk contingency reserve estimates C. the project manager would: A. To create a cost baseline from this data. Lack of company processes 6. Which of the following BEST describes why quality is planned in and inspected in? A. Have the customer pay the fee 2. Refuse to pay the fee C. Work was delayed D. Engineering D. you are told that you must pay a US $5. Maximize customer billings in any ethical manner possible B. It reduces quality and is less expensive B. Inadequate acope definition B. Ask for the customer’s approval before adding the resource to the project scope C. Which of the following is NOT a reason this could have occurred? A.Quiz 3 1. Roll up work package estimates into a project total and add management reserves D. What is the BEST thing to do? A. It reduces quality and is more expensive D. Which of the following BEST describes the most probable cause of your difficulty? A. Your company wants to assign a resource to your project and asks you to bill the resource to the customer. It improves quality and is more expensive C. There was a cost increase from the supplier C. More work than planned was accomplished B. Use the highest level of the WBS to estimate analogously B. Pay the fee B. Lack of historical records from previous projects D. The construction company tells you this is standard practice and is required by the law. What should you do? A. Who of the following has primary responsibility for establishing design and test specifications? A. Quality control 7. Procurement C. A project is over budget to dat. While visiting the country where a new branch office is being built. Remind the appropriate members of the billing organization that monetary compensation is not worth compromising the integrity of the individual or the organization 3. Senior management B. Ask for clarification of the intent of adding the resource D.000 fee to the government permit officer to obtain the facility permit required by the law to start construction. Work was done inefficiently 5. Gain expert opinion of the project total cost 4. This concerns you because you get a bonus for maximizing billings to the customer. Have the construction company pay the fee D. You are having difficulty estimating the cost of a project. Unavailability of desired resources C. It improves quality and is less expensive . A project manager has completed a detailed WBS and cost estimates for each work package. Project management plan C. 10. Ignore rewards because they are management’s responsibility 3. Where can the team member look to help her determine what work she is given on the project? A. She has to decide if she will accept the assignment to the project or whether she wants to be assigned to a different project. You have your way. A new employee of the company is assigned to work on a project that is in the early planning processes.8. Job description D. Quality audit Quiz 4 1. Which of the following would be the BEST thing to do? A. Always apply the business practices of your own country D. Control charts D. Read a project management magazine each month. Perform a root cause analysis on the quality problems that have occurred on the project D. Responsibility assignment matrix 4. Statement of work D. WBS C. and look at the results of other companies’ project to help to determine quality measures for future projects. Calculate the benefit to cost of purchasing a new piece of equipment B. In creating a project management plan. Do whatever it takes to manage the project successfully 2. Do not violate any basic fundamental human rights C. Internal measures have been created and have helped to identify areas needing improvement. Which of the following rules should apply to international dealings on your project? A. Activity definition B. Ignore rewards because the functional manager will take care of it C. Management wants to be sure that the project is following define quality standards. Cost of quality B. Risk management plan B. All of the following are tools to perform quality control EXCEPT A. Two team members are having a disagreement over the potential sellers of a project component. Additional measures of performance are still needed. I have mine B. and the project manager has . Determine the project scope and measures to ensure the scope is met C. Flowcharting 9. Use the reward system currently in place throughout the company B. Your company is concerned about improving its project performance. Create a specific reward system for the project D. how should a project manager use rewards? A. Which of the following should they look at? A. You are in the executing process group of a major project with an estimated cost of US $22million. However. Inspection C. the project manager is not at work and is not reachable. Because the team members are busy with the project executing processes. co-located team. Management B. your project had five team members. and then manage and influence those requirements to ensure a successful project. What is the BEST thing you can do to prevent such a problem on future projects? A. C. they would like to reduce the frequency of meetings. 18 D. 3. looking for incomplete descriptions. You should discuss the details of the previous month’s issues and the current status. determine their requirements. The customer requires monthly meetings. The project manager suggests a compromise. This became a problem because you had not included the time or cost in the project management plan for these requirements. Who should decide the BEST course of action? A. Stakeholders C. During project executing. The frequency and level of meetings as well as the format and type of information to be exchanged should be defined in the project’s communications management plan during project planning. Near the end of your last project. Now the scope has expanded. End users 4. Customer 5. You are working on an 18-months project with a small. 28 2. Throughout the project D. 10 C. Review the project charter more thoroughly. During project planning Quiz 6 1. The project manager must identify ________. When is the BEST time to help build the people working on the project into a team? A. C. Which of the following BEST describes how status meetings should be managed on this project? A. examining the business case for ‘holes’. A project manager new to project management is taking on a new project. Scope D. Team members C. 9 B. Review the WBS dictionary more thoroughly. B. you do not need to hold status meetings as long as you send the key stakeholders a status report every week. Functional managers B. and the team members want to solve the problem. and there are total of eight people on the project team. Originally. it is only necessary for the project manager to meet with the customer once a month to fulfill your contractual obligation. Before committing to a project cost estimate C. During project initiating B. Do a more thorough job of procurement planning . During project executing. Project manager D. additional requirements were demanded by a group of stakeholders when they learned they would be affected by your project.offered to help. The project sponsor and senior management are in another city and have requested weekly updates. B. How many communication channels have been added? A. A. D. The project manager did not inform the boss before the meeting. There was an inadequate change control system. You want to let your team know that the weekly project status report is now officially due by 4. D. . Informal written communication E. Revise the communications management plan appropriately to meet the informational needs of the stakeholders. the US. B. The project manager did not properly interpret the customer’s communication. Informal verbal communication 9. A project manager is in a meeting with the customer when the customer starts to yell about the fact that a change she requested will result in a delay to the project schedule. Paralingually D. Extensive use of ______ communication is MOST likely to aid in solving complex problems. Improve the layout of the weekly updates to encourage reading by team members. Communication and well developed people skills 10. Interestingly. The project manager starts to explain why the change affected the schedule when the project manager’s boss stops the meeting and carefully removes the project manager from the room. Referentially 8. Which of the following would BEST describe what is going on? A. How does MOST communication occur? A. Which type of communication would you use? A. What is her BEST tool for success? A. There was an inadequate agenda for the meeting. Japan. A. including Brazil. Formal verbal communication C. Formal written communication B. Pay more attention to stakeholder management. yelling is not a common practice in the client’s culture. and Britain. Written C. Verbally C. The teleconference C. the project manager learns that most members of the project team are not reviewing the weekly project updates. Nonverbal 6. What should the project manager do? A. C. Nonverbally B. D. The responsibility assignment matrix (RAM) B. About midway through the project. 7. Informal written communication D. Require the reading of the project updates in order to receive any rewards on the project. C.00pm on Thursday. Create a signature log so team members can indicate when they have read the project updates B. Formal D. A project manager has just been assigned a team that comes from many countries. 5. Verbal B. Team communication with the WBS D.D. This morning. You had no reason to suspect quality issues in these materials before now. What is the expected monetary value of the decision displayed in the chart? A.000.000 product development project. Quantify the risk C. $ 4 B.000 profit D. If a risk has a 20% chance of happening in a given month. $ 100 C. no matter what the company does. the expected monetary value for the project is: A. Develop a risk mitigation plan . Your project team has identified dependencies on six related projects that are providing major deliverables to your project. and on specification.000 profit and a 40% chance of a US $100. Avoid D. a project manager identifies a risk that. Less than 1 % B. Your project is well into the executing process group and remains on time. During the Identify Risks process. what is the probability that this risk event will occur during the fourth month of the project? A.Quiz 7 1. a fire could occur in the building during the testing. Deflect B. on budget.000 loss 3. Plan risk responses D. $200. Accept C. which of the following processes should you be MOST concerned about? A. $100. 60% D. Control scope B. $ 200 2.000 loss. and the project is expected to last five months. If a project has a 60% chance of a US $100.000 profit B. 20% C. a project team member alerts you to a newspaper article detailing unusually high defect rates in materials that your team has been using to develop your product prototype. What should you do FIRST in response to this concern? A. $ 20 D.000 loss C. $40. In light of this. $60. A. Change 4. 80% 6. Verify scope C. Stop working on the prototype B. Plan communications 5. Some of these projects have a very similar scope and may overlap with your deliverables. It would be BEST to ________ the risk. You are a project manager for a US $3. 3. Your variances show schedule variance (SV)=-US $50 million. You are working for an international construction company. Document them. You are tracking your project using earned value management (EVM) and find you are behind schedule but under budget. Acceptance D.000. Considering you feel you should . D. and then revisit them during project monitoring and controlling C. since your schedule performance index (SPI) is 1. $550 million.92. Mitigation C.D. and SPI? A. 0. B. which risk response strategy would they apply? A.000. a team member identifies a new risk.20. What should be done with risks on the watch list? A.92 B. Environment process assets D.000.20.1. You are progressing at 116% of the rate originally planned. what does the schedule performance index (SPI) indicate? A. During the executing process group of the project. A risk impact matrix Quiz 8 1. You are only progressing at 80% of the rate originally planned. Your project involves putting together over 13 different subprojects. 1. What would be the MOST helpful in finding this information? A. Assess this risk 9. and give them to the customer 8. and your actual costs are US $500 million. You are only progressing at 86% of the rate originally planned. what are the CPI. Determine a workaround 7. You are progressing at 125% of the rate originally planned. If the team cannot identify a suitable response to an identified risk. What should occur in light of this identification? A. As you review the project results you notice you have spent US $1. Include it in the risk triggers B. -$100 million.000 at the last reporting point. 1. Document them for historical use on other projects B. $650 million. You are having difficulties in ensuring three subcontractors are doing their work currently. 1. Avoidance B. PV. 0. 1.20 C. and set them. If earned value (EV) is US $300. Test its assumptions C. Document them. You have just been assigned as the project manager for a sizeable engineering project. You know the schedule is not too bad. 0. Document them. C.200. cost variance (CV)=US $100 million. actual cost (AC) is US $350. A risk management plan C. aside because they are already covered in your contingency plans D. and planned value (PV) is US $375.92 2. 0. Add it to the risk management plan D. and you want to quickly review the project’s procedures for managing risk.92. A risk identification plan B. $650 million. Transference 10.08 D. 200.000 to this point. what are the cost performance index (CPI) and the schedule and cost variances? A. we will have spent 89% more than planned.have spent US $1.19. D. Multiply by SPI C.89 means: A.1. At this time. Multiply by CPI D.000.000 D. B. $230. A. and $230. we expect the total project to cost 89% more than planned. 1. $130. The project is only getting 89% out of every dollar invested . Divide by SPI B. A cost performance index (CPI) of 0. 1.000 B. and $230. and $130. C.000.000 C.1. and $130.19.000. The project is only progressing at 89% of that planned. 1. 1. One common way to compute estimate at completion (EAC) is to take the budget at completion (BAC) and _________. Divide by CPI 5. $130.000 4. $230.000. When the project is completed.