Preassessment Practice Questions

Collection of historical information.

One of the most common & necessary activities performed during the closing process is project closure. What is the advantage of formal project closure?

Organizational Governance

This element of the executing process group encompasses standards compliance, internal process compliance, decision oversight, and phase-gate approval?

Determine whether there is an alternative solution that would have less impact on the scope, & discuss the trade-off with the stakeholder.

You are a manger of an IT project that's currently in its monitoring & controlling phase. A user approaches you with a change request that you evaluate & find necessary, even though the change will result in a large impact to scope. What's your next step?

Complete & submit a change request form.

You are a project manager for your organization & currently working on a project to create a Web-based order form for clients. Clients will place their orders through your company website, any time of day or night. Larry, your company's CIO, isn't the project sponsor, but he is a key stakeholder, & he demanded that you add extra website features. How will you handle Larry's request for implementation of the additional features?

The subdivision of project deliverables into smaller, more manageable components, until work & deliverables are defined at the "work package" level.

You are coaching Mark, a junior project manager, on project management processes. Which of the following statements best defines the process of creating a work breakdown structure (WBS)?

The Project Team

You are the manager of the NGHQ project for your organization. Your project team has 21 members dispersed throughout the US. You have created some ground rules regarding performance, communications, & working hours for the project team to follow. Who is responsible for enforcing the ground rules once they have been established?

Document Retention Policy

According to industry rules & regulations, an organization should retain all its project-related documents for a minimum of seven years. Which of the following policies should the project manager implement to best address this action.

Stage Completion, Project Completion, & Project Cancellation

Based on a project management plan, a closure meeting involves gathering & centralizing a project document, performing a post-project review, & writing a final project close report. During which of these events would a project manager conduct a closure meeting?

Risk Avoidance

During the monitoring & controlling process, a quality manager indicates that certain project requirements can't be fulfilled during quality testing. Thus, to keep the project on schedule, some requirements will have to be modified. Which type of action will this be?

It's an uncertain event that can affect at least one project objective.

Gary is project Manager for his company. He's working with project stakeholders on it's requirements, & examining how risks might affect their project. One of the stakeholders is confused about what constitutes project risk. Which of the following is the most accurate definition of project risk?

Weak Matrix

In what organizational structure is a project manager often referred to as project coordinator or expediter?

To maintain neutrality, stakes are low, & stakes are high, but you're not prepared.

In which of the following conditions should avoidance be used in conflict resolution?

Fixed-Price

In which of the following type of contracts does the seller bear the most risk?

295,000*.40, 295,000*.50=118,000/147,500=0.80.

Mike's manager of the WAM project, which has a budget at completion of 295,000. The project is currently 40% complete; however it should have been 50% complete by now. Mike's spent 125,000 on the project, & management has asked him about its schedule performance. Which of these values best represents it's schedule performance (SPI)

Pareto Chart

Roberta is manager of the KJL project for her company. She's creating a chart that will help categorize problems discovered during the quality control inspection process. She wants to categorize the number of instances of problems & rank by frequency of occurrence. Which chart should Roberta create?

Resource assignment, Activity Estimation.

The Work breakdown structure (WBS) is a deliverables-oriented hierarchy that defines a project's total work. Which of the following directly utilizes WBS?

Activity Cost Estimates

Tom works as a project manager for BlueWell, Inc. He is determining which risks can affect his project. Which of the following inputs of the "identify risks" process is useful in doing so & provides a quantitative assessment of likely cost to complete scheduled activities?

It distributes major deliverables into smaller components to improve accuracy of cost estimates, It provides a mechanism for performance measurement & control, It provides a mechanism for collecting & organizing actual costs.

Which of the following are tasks performed by a work breakdown structure (WBS)

Work Breakdown Structure (WBS)

Which of the following documents will you prepare at last during scope definition?

Cost Variance (CV)

Which of the following indicates whether costs are higher or lower than budgeted?

Cost estimates make up the project budget.

Which of the following is NOT true of cost estimating?

Lessons Learned

Which of the following project documents created during its closing process describes what went well & what went poorly on the project.

EV (Earned value)

Which of the following represents the value of the work completed to fate as compared to the budget?

The Process of numerically analyzing the effect of identified risks on overall project objectives.

Which of the following statements best defines quantitative risk analysis?

Milestone

Which of the follows can convey the completion of an interim key deliverable?

Project Scope Document

While creating a new project, which of the following contains final project acceptance criteria?

Implementation SME

Who among the following stakeholders is responsible for designing & implementing potential solutions & providing specialist expertise?

Program Governance Board

Who makes "go/no-go" decisions during the phase-gate review?

Requirements traceability matrix

You & your project team are about to create a WBS for your project. You'll need 3 components as inputs to WBS creation. Which one of the following is NOT an input you'll need for the creation of your project's WBS?

Project Post-Mortem

You are working on a large software development project for your organization. Due to some problems, the project was cancelled before completion. You now need to finalize a meeting on what went wrong in the project. What is this meeting typically called?

Total float is the amount of time an activity can be delayed without delaying the project completion date, whereas free float is the amount of time an activity can be delayed without delaying project successors.

You have created a network diagram for the ABC project. You're exploring total float & free float for it. Martin, a project team member, wants to know the difference between total float & free float. What will you tell him?

Cost-benefit analysis.

You work as a project manager for uCertify, Inc, You have to implement cost-effective controls & allocate resources & organizations after you identify all likely controls and evaluate their feasibility and usefulness. Which of the following processes will you use to accomplish your task.

Pareto Chart

You're a new project manager entrusted with a project to develop a machine that produces auto components. The machine has been developed, but is consistently producing defective parts. You suspect a small set of reasons for the majority of defects. Which of the following would you use to analyze & validate your suspicion?

Notify & meet with the sponsor.

You're a new project manager for your company. The previous project manager left abruptly. While reviewing your predecessor's last project, you find that the project scope document is poorly formulated & missing several key requirements. What's your next step?

The Project team will create but not distribute the software.

You're preparing a project scope for a new project & need to establish boundaries for what the project is capable of delivering, given an estimated time & cost. Which of the following is the best example of a project boundary?

Scope Baseline

Your Project is running late, & management has asked that you remove elements from the project scope that aren't core requirements. This removal of project deliverables will allow your project to reach its predetermined deadline. What document should you update to reflect this decision?

Attrition

All of the following describe types of project endings except for which one?

Barriers such as cultural differences, geographical locations, & technology should be taken into account during this process.

All of the following describe the purpose for the information distribution process EXCEPT for which one?

492,856

Project XYZ promises to be worth 587,000 in 3 years. Assuming that the rate of return is currently 6%, what is the maximum amount of funds that Project XYZ can cost & still be initiated if the organization wants to earn at least 75,000$ on the project? The Formula for the present value=PV=FV/1+I)^N. FV=Future value, I=Interest Rate, & n=the number of time periods.

Flowchart

To maintain product quality, there are several tools & techniques that address quality defects. Which of the following tools is a sequential visual representation of process activities & decision points?