PMP

Your organization has made it a requirement that the lowest price solution will be the one that is selected to deliver the project. The vendor was selected and the project was completed successfully and handed off to the maintenance organization for ongoing product support. A year into the product's release, it has become apparent that the maintenance costs are much higher than what the organization had anticipated. What did the project manager probably forget to do?

life cycle costing

As the project manager of a critical governmental project. You're in the process of working with the project stakeholders, figuring out what they need, and writing it down. Which of the following is a tool or technique that you would use for this purpose?

observations

During the execution of your construction project, a large number of defects were discovered. You as the project manager ensured that the defect, defect resolution, and action item results were logged into a defects database. What would the defect database be considered a part of?

organizational process assets

Given that the team estimated velocity is 35 story points, how many iterations the team will need to complete the project?

5 iterations

An Agile project has a total of 700 story points and each project iteration has a fixed duration of three weeks. At the end of the 4th iteration, the team had successfully delivered 76 story points. The team was able to successfully address some improvement opportunities and during the 5th iteration the team was able to deliver an additional 24 story points. Assuming that the team will not be able to maintain its current velocity and revert back to the velocity the team was at by the end of the 4th iteration, and no more story points are added to the project, how many more weeks are required to complete the project?

96 weeks

The __________ technique is used to create budget in which activity costs are rolled up to work packages cost, work package costs are then rolled up to control accounts costs and finally to project costs.

cost aggregation

You are in the middle of a risk assessment meeting with your project key stakeholders, customers, and project team leaders. While identifying and assessing risks, you realize that two key stakeholders are overemphasizing the impact of a risk. What is the best step to take to avoid unfairness or bias when assessing risks?

engage a neutral facilitator to support the perform qualitative risk analysis process

You're a project manager planning a project that requires that you hire a contractor. Before you can find sellers, you need to develop a document that defines the portion of the work that the contractor will do. Which of the following is not true about this document?

its terms are either fixed price or cost reimbursable

Match the following leadership styles with their description.

1-D, 2-c,3-B, 4-A

Before the risk manager is released from site, he is discussing with you the final version of the contingency reserves report of your project. He states that out of 8 risks identified, only 3 occurred. As per the reserves report shown below, what is the amount of contingency reserves spent on your project?

250,000

Match the following project lifecycles with their main goals. Larger image

A-1, B-3, C-4, D-2

Match the following project manager forms of power with their description.

A-4, B-2, C-1, D-3

Shadi is managing a large construction project, and he is analyzing the project risks by using quantitative techniques to assign a numeric value to each of those risks. In this situation, which of the following tools and techniques is not used for this purpose?

A probability and impact matrix the assigns numeric values to each risk priority

You are an agile practitioner leading an agile team and the team uses 30 days iterations. You're receiving an email from the executive manager requesting a forecast for the next 6 months. As an Agile leader, how would you respond to this situation?

use user story mapping to build a release plan for the next 6 months based on the currently available product backlog

On an Agile project for your organization, the product owner has asked you how many story points the team would like to include in the next sprint. What should you do next?

Calculate the average velocity

You have decided to award a contract to a seller that has provided quality services to your company based on historical information. Your current project, although somewhat different from previous projects, is similar to other work the seller has performed. In this situation, to minimize your risk, you should award what type of contracts?

Firm fixed price

You are managing a tower construction project. A project team member warns you that your concrete supplier caused serious delays in his last project because he delivered the wrong kind of concrete. You discuss it with the team, and decide that you need to accept the possibility that this will happen. But you make back-up plans with an alternate provider by putting a down payment on an emergency shipment, just in case. This is an example of which of the following?

Mitigation

Yara is the project manager of a football stadium construction project. As part of the project execution phase, she learns the project communication plan is not effective and requires major updates. Which of the following processes will issue a change request for the required updates?

Monitor Communications

An agile team didn't deliver any business value in the recent iteration of a complex software development project. Due to this, some of the key business stakeholders lost their interest in the project. What could be the probable reason for not developing an increment?

The team has spent the time to analyze the issues for the mitigation of the project risks

Although people may say they can identify, assess, and manage their personal feelings, many teams experience tension and unprofessional behaviors among teammates. You have recognized this on projects where you have been a team member, especially when dealing with virtual teams. Now that you are a project manager, you want to establish an environment in which teammates can reduce tension and increase cooperation. Which of the following is the best practice to follow?

Use emotional intelligence to control the sentiments of team members

While planning for your construction project that is expected to have a budget of $3,000,000, the project sponsor asks you to increase budget estimates by 15 percent to ensure that the project has enough funds budgeted. What should you do?

ask for additional info

Yara is managing a project which is currently in early phases. She needs to estimate costs, but she finds limited amount of detailed information about the project activities. Which of the following estimation techniques is least suited for this scenario?

bottom-up estimate

While developing your project budget, an important technique to use is the funding limit reconciliation. In this context, which of the following best describes the funding limit reconciliation?

comparing your project's planned expenditures against the funding constraints

In order to minimize your project costs, the project management team decided to apply statistical sampling while inspecting some of the work products. They decided to select 20 out of 100 engineering drawings for inspection. During which process should the sample be collected?

control quality

An agile team has been assigned a new project to develop a company's resources management system. Although the product owner is a resources expert, he is not familiar with agile planning. What advice should the agile coach give to the product owner?

establish an environment that facilitates the events of face-to-face agile planning with all the project stakeholders

Your construction project team informs you that another team working at the company built a tool that will save three weeks on the project. You ask the other team's project manager to have his team members share the tool with your team members. Which best describes the strategy you just used?

expoiting

Your project team needed to monitor the technical performance of the project and capture data related to how many errors or defects had been identified and how many remained uncorrected. Which of the following techniques should you recommend the project team to use?

histogram

Shadi is leading an agile project and had displayed a white board in his project work space. This whiteboard is visible from entire floor and anyone can come and look at the information displayed on it. He almost on a daily basis updates it with current work status on project, team velocity, testing status etc. In agile terms, what this white board is called as?

information radiator

You are leading an agile organizational project and you want to setup a visible, physical display that provides information to the rest of the organization enabling up-to-the-minute knowledge sharing without having to disturb the team. What should you setup?

information radiator

During the project monthly status update meeting, one of the key stakeholders expressed that he is disappointed regarding the project management approach used on the project. Only 2% of the produced deliverables had minor defects which required a rework. This stakeholder has been a resisting stakeholder so far. In this context, what must the project manager do to bring the future project performance in line with the approved quality requirements?

investigate the root cause and identify the required corrective action

Yara is managing a software development project. The project is intended to produce a complex financial software. This project is hugely important for the company as well as for Yara's career. Although the project scope statement was well-defined and requirements were gathered from stakeholders in the planning phase, many design changes have come in from customers during project execution. Which of the following tasks must Yara perform to avoid scope creep caused by uncontrollable changes?

perform scope control and pro9cess all changes through the integrate change control process

An Agile practitioner is explaining to a new agile team that they can only finish one story at a time. To complete a large feature that contains several stories, the team may not complete that entire feature until several more time periods have passed. In your point of view, which of the following tools can help the team show its completed value?

product backlog burnup chart

Shadi is managing a stadium construction project. He is currently identifying his project stakeholders, and he has compiled a long list of stakeholders already. Managing expectations of every project stakeholder is not practical. What should he do in this situation?

project stakeholders should be prioritized based on their influence and interest

A project manager wanted to obtain early feedback on the project requirements. He was concerned that the abstract representations of the requirements might not elicit useful feedback. Which of the following tools and techniques might help him overcome this hurdle?

prototypes

During the qualitative risk analysis process, a project manager asked various stakeholders to determine the probability and impact of a number of risks. He then analyzed assumptions, and he is about to move to the next step of risk management. Based on this information, what has the project manager forgotten to do?

provide a standardized risk rating matrix

You are managing a construction project. At 55% through the project, you received the earned value report from your team showing a schedule performance index (SPI) of 0.8, and therefor you are behind schedule. You review the project schedule to determine how to complete the project on time. The project sponsor will not give you any additional resources. When analyzing the project schedule, you see a lot of soft logic—the remaining activities are sequenced based on the project team's knowledge of best practices. What can you do to adjust the project schedule and finish the project on the expected due date?

remove soft logic and do more of the remaining tasks/activities concurrently

A team is performing a complex agile project for the first time and going through a steep learning curve. Which of the following agile events would you recommend to be frequently scheduled?

retrospectives

Your project team has been stuck in the storming stage of team development for some time now. You're starting to see signs of interpersonal friction on the team as the team hasn't been able to sort out its inter-team operating processes. Which of the following agile tools can help you move the team on to the next stage of the Tuckman ladder?

retrospectives

You were done with a meeting with one of the project suppliers, and you decided there is an urgent need to update the contract of this supplier in order to meet the project current needs. However, before any change request, what should you do first to incorporate a change into this specific contract?

review the changes handling procedures in the supplier contract

You have just become the project manager of a mega construction project which is already in execution since five months. During your first week, you receive multiple requests from different stakeholders asking for project reports in various formats. These requests overwhelm you. What should you do first?

review the communications management plan

You are managing a private residential complex project on a land of 11,000 SQM area. As a project manager, you decided to award the excavation scope to a specialist contractor due to the nature of the land. Once the contractor started the excavation activity, he learned that some power cables are crossing the land from the north west side, and you need to relocate these cables, but there is no provision of such activity in the excavation contract. Further, the relocation will cost the contractor additional $30,000 in addition of a lot of governmental follow up and work, the contractor requested an amendment of the contract due to this relocation activity, but the procurement manager in your company rejected it. Despite many efforts, you both couldn't resolve this issue. What should you do next?

seek arbitration following the ADR procedures

Hana is managing a complex construction project. The final product shall be a tunnel under water connecting between two cities. She has identified all the project key stakeholders and has conducted individual interviews with them to identify other project stakeholders. However, Hana is still not satisfied with her project's stakeholders list; she believes there may be more key external stakeholders missing from the list. What can help Hana in this situation?

seek expert judgement form SME

While you are analyzing the project performance using the earned value techniques, you calculated the ratio of the earned value to the costs spent to the moment and found out a ratio of 0.8. You decided this was unfavorable condition for the project and you decided to take a corrective action. In this situation, which of the following statements is correct?

you are correct, this ratio represents the cost performance index and a ratio less than 1 represents an unfavorable condition

You are working as a project manager for Wasamat real estate. A real estate development organization having a projectized organization structure. You have recently started managing a project that involves stakeholders from within and outside your organization. The stakeholders external to your organization are highly critical since the project negatively affects their interests. You are making serious efforts to gather their expectations and influence levels early in the project to ensure their voice is heard and proper communication needs can be planned in the project's future phases. Where should you document the outcome of your effort?

statekholder engagement plan

In managing Agile based projects, it's easy to tell when a feature is 0% done (we haven't started it) and it's relatively easy to tell when we're 100% done (all tests passed for all the product owner's conditions of satisfaction). It is often hard to measure the progress anywhere in between. How should you report progress when faced with such a situation?

stick with 0% for work in progress and 100% complete once all conditi8ons of satisfaction are met

Many changes to the project schedule have been suggested by the project team and the customer. These are urgent, and all affect the resources you are using. What is the next step to take?

submit the change to perform integrated change control for review

An agile project manager is not comfortable in monitoring his first agile project without using traditional project management tools and techniques such as status meetings. Which of the following tools and techniques should the project manager use to monitor risks on the agile project? (Choose three)

task boards, daily standup meeings, rish burndown charts

Shadi is an experienced agile practitioner who has just joined the agile team working on a software development project. He explains his team that the agile teams are self-organizing, empowered, and self-directing. On this, some of the team members complain that their project manager is not so agile as he is very directive in nature. What would be the right response to this statement by Shadi?

teaming is in the storming stage

Your software development firm has planned to launch its new product with minimal features in order to be first in the market with the release of this product. The executive manager is not familiar with the concept of agile and so didn't understand why the initial release of the product is being done only with some basic features. What should an agile practitioner explain to the executive manager in this situation?

the initial release with the basic and minimal features bring a valuable MVP