ADMG 475

Consider the time-phased budget presented in Figure 9-1. What is the cumulative project budget through the end of April?

$46,000

When a project manager asks clarifying questions and paraphrases what is being communicated to them, he or she is using?

Active listening

The process of improving the competencies, team interaction, and the overall team environment to enhance project performance is known as:

Develop project team

All of the following accurately describe earned value management EXCEPT:

It is good for performance reporting but not for forecasting

All of the following statements accurately describe special cause variation EXCEPT:

It is inherent in the system and is predictable

All of the following describe an appropriate application of Plan Risk Responses in project management EXCEPT:

Responses should be created for every identified project risk.

Lessons learned can include significant project successes.

True

Monitoring and controlling project work refers to the processes of tracking, reviewing and reporting progress to meet the performance objectives defined in the project plan.

True

The outputs of Control Quality may include recommended preventive actions designed to ensure the future performance of project work is aligned with the project management plan.

True

During which DMAIC phase would you find the objectives of identify possible root causes, collect data, and confirm root causes through data analysis?

analyze

All of the following are among ground rules that have proven widely useful to project teams EXCEPT:

avoid conflict at all costs

Which of the following styles of handling conflict is most appropriate whenever there is enough time, trust can be established, the issue is important to both sides and buy-in is needed?

collaborating / problem solving

A source of variation that is inherent in a system and predictable is typically known as:

common cause variation

All of the following methods have proven to be useful techniques to help project teams identify the risks that might impact the project EXCEPT:

documenting lessons learned

The personal values of team members on high-performing teams can be enhanced through all of the following beneficial communication practices EXCEPT:

encouragement of personal conflict

What type of cost is incurred when a project must be conducted faster than normal, and overtime for workers and / or extra charges for rapid delivery from suppliers are necessary?

expedited costs

All project teams progress uniformly through five stages of team development.

false

Generally, parametric estimating requires less information and time than analogous estimating.

false

Which of these guidelines should be used to handle project information needs?

provide information soon enough so that it is useful to the recipient

Consider the project performance report presented in figure 14.1. As a project manager, these results should lead you to...

take actions to understand and remedy the schedule performance on the active avionics work packages.

A project team attempting to close a project should review all of the following documents to ensure that everything promised was delivered EXCEPT:

the stakeholder register

The Budget at Completion (BAC) is the sum of all budgets established for the work to be performed on a project. As such it is equivalent to:

the total planned value of the project.

Some project sponsors will only approve a project charter if it includes and reflects lessons learned from other recently completed projects.

true

Special cause variation arises when something out of the ordinary occurs.

true

The Validate Scope process occurs with interim deliverables throughout the project and with final deliverables near the end.

true

The adoption of specific ground rules that specify acceptable and unacceptable behaviors can help prevent potential problems and improve working relationships, effectiveness, and communication.

true

The negotiation process involves several steps such as: preparing for negotiation; knowing your walk-away point; and working towards a common goal.

true

The purpose of process control is to be able to have confidence that outputs are predictable.

true

The risk register is a living document and new risks can be added as they are discovered.

true

The value of engaging a subject matter expert early in a project should be balanced against the potentially significant cost of paying for his or her expertise.

true

When a project is no longer needed or viable, the project manager, as primary advocate for the project, should recommend early termination.

true

When using earned value techniques, Actual Cost (AC) refers to realized cost incurred for the work performed on an activity during a specific time period.

true

When a project is completed on time, the project team must accomplish all of the following activities EXCEPT:

use alternative dispute resolution

All of the following criteria can be used to categorize project risks EXCEPT:

whether the risk is a known known

All of the following factors must be in place in order to develop an analogous estimate effectively EXCEPT:

An organization must know details behind the time value of money.

Complex projects such as research and development for new products often employ rolling wave planning to estimate costs. Which of the following best describes "rolling wave" planning?

Project managers render a definitive estimate for the first stage and an order of magnitude estimate for the remainder of the project.

All of these describe contemporary methods of risk prioritization in project management EXCEPT:

Results of quantitative risk analysis are used for clarification purposes and are typically not documented in the risk register.

Which of the following quality management thought leaders is generally credited with contributing the insight that team learning is necessary to improve quality?

Senge

DMAIC is a disciplined process that includes five phases: Define, Measure, Analyze, Improve and Control. DMAIC is most typically associated with which of the following quality improvement approaches?

Six Sigma

All of the following activities are appropriate upon completion of risk response planning EXCEPT:

The risk register should be baselined after planning is completed, and should not be updated once the project is in flight.

Inspection is keeping errors out of process while prevention is trying to find errors so they do not get to the customer.

false

Recurring costs tend to occur during project planning and closing while nonrecurring costs tend to occur during project execution.

false

The standard approach to making decisions on a project is to clearly and consistently vest decision making authority in the project manager.

false

When a contract is terminated for convenience, the contractor must complete all deliverables in process and submit the completed deliverables to the buyer.

false

Any of the following attributes can serve as a useful factor for coding lessons learned EXCEPT:

lessons learned owner

A project manager needs to ensure that the cumulative amount of cash coming into the project either from internal budgeting or from customer payments meets or exceeds the demands for paying cash out.

true

Fact-based management requires an understanding of variation, deciding what to measure, working correctly with data, and using the resulting information appropriately.

true

Helping good workers to secure good follow-on work is one of the most important things a project manager must do near the end of the project.

true

It is impossible to remove all sources of risk on a project.

true

Once risks have been identified and analyzed, the project team decides how they will handle each risk.

true

Perform Quantitative Risk Analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.

true

Project managers can further team development by securing agreement on common goals and objectives for the project.

true

Project managers should empower team members to the extent possible, yet control to the extent necessary.

true

Project managers should not lie to themselves or others regarding project costs.

true

Risk response strategy decisions should reflect a thorough understanding of the priorities that key stakeholders have for cost, schedule, scope, and quality.

true