Project Management Exam 2

calculation for communication lines

(N(N-1))/2

Stand-up meeting lengths

15 minutes

EV triangle:

EV, PV, AC

Because Change management is so critical to a project it is necessary that all stakeholders be involved in decisions regarding changes. Select one: True False

False

Scrum and Agile are two different project management approaches. Select one: True False

False

Scrum encourages flexibility including making changes to the sprint goal during the current sprint Select one: True False

False

PMI Project Phases

Initiate Plan Execute Monitor/Control Closedown

Tasks in Project Closeout

Lessons learned and celebration

What is super unhelpful in tasks

Multitasking

Student syndrome

Procrastination

Two types of buffers

Project and feeding

Most important buffer

Project buffer

Agile roles

Scrum master Product owner Development team

Scrum requires mature self-managing teams, a product that can be delivered incrementally and an organization that has accepted Agile. Select one: True False

True

Scrum should not be considered to be a methodology. Instead, it should be considered as a framework. Select one: True False

True

All of the following interpersonal or soft skill are applicable to managing stakeholder engagement except... Select one: a. Minimizing conflict b. Overcoming resistance to change c. Active Listening d. Building Trust

a

The construction team is behind schedule on its project. The customer is considering giving the project to another company if the project cannot be put back on track. The team is considering putting more resources on the critical path to accelerate the schedule. This is an example of what? Select one: a. Crashing b. Re-planning c. Staff acquisition d. Fast-tracking

a

The project to develop a vaccine against bee colony collapse is experiencing conflict. To minimize this, what tools are available to the project manager? Select one: a. Group norms, ground rules, and project management practices b. Interpersonal skills, ground rules, and project management practices c. Networking and project management practices, ground rules, and group norms d. Ground rules, networking, interpersonal skills, and project management practices

a

The project to upgrade the accounting software in consideration of upcoming tax law changes is underway. The project manager is working with the chief information Officer (CIO) and chief financial officer (CFO) to ensure regulatory compliance and requirements alignment. Where will these two stakeholders most likely fit in a power/interest grid? Select one: a. High power/high interest b. Low power/low interest c. Low power/high interest d. High power/low interest

a

Which of the following statements is false regarding Sprints Select one: a. Sprint durations can change b. A Sprint should last from 1-4 weeks c. Progress during a Sprint should be shown visibly d. Each Sprint must begin with a clear commitment and a plan for meeting the goal

a

An activity performed by the project manager on a daily basis is communicating with individual team members, the team, company personnel, vendors, and customers. What is the approximate percentage of the project manager's time dedicated to communicating? Select one: a. 100% b. Approximately 90% c. At least 50% d. Not more than 70%

b

Of the following, which is the most comprehensive definition of the monitoring and controlling? Select one: a. To monitor the planned expenditures and to ensure controls are in place to conclude the project within budget. b. To check for variances from the plan and make appropriate adjustments when variances are encountered c. To monitor plan resources and make replacements as needed d. To control the activities needed to successfully complete the project

b

Project A is four months long, has four stakeholders, and has completed planning. Project B is 12 months long, has 10 stakeholders, and is in execution. Project C is 12 months long, has four stakeholders, and is in planning. Which project is most likely to experience scope creep? Select one: a. Not enough information b. Project B c. Project C d. Project A

b

The project manager of the retooling project has been replaced by the company in an effort to finish the project within budget. The replacement project manager wants to determine the rate at which the project is progressing in comparison to the rate planned. What tool or technique can he use to make this determination? Select one: a. Gantt chart b. Schedule performance index c. Scheduled variance d. Variance report

b

The project to build an art museum for the city is in the planning stages. The project manager has determined that the installation of the marble water feature should be outsourced because his company does not have the necessary expertise. The vendor proposals specify different contract types: cost-plus-fixed-fee, fixed-price cost-plus-incentive-fee, and time and materials. Which of the proposals present the least probability of loss for the buyer Select one: a. Proposals that use time and materials b. Proposals that use fixed-price c. Proposals that use cost-plus-incentive-fee d. Proposals that use cost-plus-fixed-fee

b

The sponsor of project to move the loan processing system from to the intranet is deciding whether the project should continue or be scrapped. The project has been plagued with issues. So far, $1M been spent on the project. Of the following at best describes the $1M that has been spent so far? Select one: a. Budgeted cost of work performed b. Sunk cost c. Opportunity cost d. Phase 1 cost 2

b

Three team members have different solutions to a critical path related problem. What is the best method the project manager can use to resolve the conflict? Select one: a. Withdrawal b. Problem solving c. Reward. d. Compromise

b

Meetings to facilitate information sharing between the project management team and customer have been unorganized and unproductive. What should be done to improve the meetings? Select one: a. An agenda should be created and published b. The team should receive communication training c. An agenda should be created and published and the meeting leader established d. The meeting leader should be established

c

Practitioners and advocates generally agree that a user story should be formatted in which of the following ways Select one: a. As a <type of user> I want to <take an action>. b. As a <type of user> I want to <take an action> so that I can <achieve a result> by <timeframe>. c. As a <type of user> I want to <take an action> so that I can <achieve a result>. d. As a <type of user> I want to <achieve a result>. by <timeframe>.

c

Select one: a. Product Prototypes b. Project Documents (Project Proposal, Communication Plan, etc) c. All of the listed answers d. Electronic Products (computer program, electronic drawings)

c

The project to roll out tablets for use in a 500-bed hospital is going well except for a minor problem in the MRI area, where the wireless access isn't working as expected. What documentation should be used to track and manage this problem? Select one: a. Stakeholder management plan b. Stakeholder register c. Issue log d. Charter

c

The software company working with a staffing company to provide a technical writer for newest project, accounting software for contractors and small businesses. The staffing company will provide an experienced technical writer for $75 an hour. The Technical writer will work on the project until it is complete; then the contract will end. Which of the following best describes the type of contract the software company is most likely to use? Select one: a. Fixed-Priced because it ensures that the cost of the writer does not increase during the term of the contract. b. Time and Materials because it ensures that the cost of the writer does not increase during the term of the contract c. Time and materials because it lends itself to small initiatives and staff supplementation d. Fixed-Price because it lends itself to small initiatives and staff supplementation

c

Which of the following statements regarding issues and risks is most correct? Select one: a. Issues and risks can be the same b. Issues and risks are the same c. Issues and risks are different and should be managed accordingly d. Issues and risks are the same, but should be managed differently

c

Activity A is worth $400, is 100% complete, should have been done on day 1, and actually cost $400. Activity B is worth $150 is 90% complete, should have been done on day 2, and actually cost $240 so far. Activity C is worth $400, is 75% complete and should have been done on day 3, and has cost $350 so far. The total budget is $2,000. What is the planned value of day 3? Select one: a. -$950 b. -$990 c. $990 d. $950

d

Leadership and managerial style evolve within the project management life cycle. Of the following, which is the best description of that evolution? Select one: a. Facilitation, directing, support, and coaching b. Directing, delegation, support, facilitation, and mentoring c. Mentoring, directing, facilitation, and support d. Directing, coaching, facilitation, and support

d

The customer has requested a five-week delay on the project while they rebuild a warehouse used for manufacturing a key piece of the project. This delay wasn't planned, but the project couldn't continue without it. The company is limited on available resources. This delay will be best shown in what? Select one: a. Work breakdown structure (WBS) b. Budget c. Responsibility assignment matrix d. Network diagram

d

The expansion project requires extensive communication with stakeholders. On what will the project manager rely to determine what information should be communicated and who should receive the communications? Select one: a. Communication technology, models, and methods b. Communication requirements analysis c. Stakeholder management strategy d. Communications management plan

d

The network diagram for the project to create logical e-mail groups has three paths that have a duration of 29 days and two paths that have a duration of 10 days, respectively, the longest and shortest durations for the project. Which of the following is a true statement? Select one: a. If the longest paths are the same length, the path with the greatest number of activities is the critical path. b. If the shortest paths are the same length, there can be multiple critical paths and the more critical paths there are on a project, the greater the increase of risk to the project. c. If the shortest paths are the same length, the path with the least numbers of activities is the critical path. d. If the longest paths are the same length, there can be multiple critical paths and the more critical paths there are on a project, the greater the increase of risk to the project

d

Which role determines how much work can be accomplished in a sprint? Select one: a. Product Owner b. Scrum Master c. All three working together d. Development Team

d

Move buffer to the _____ of a project.

end

Once moved, buffer should be reduced by:

half

People in the book _____________ time a task will take.

overestimate