Project Management WGU - Pre Assessment

Project sponsor

A firm begins a strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. Which stakeholder would have triggered this strategic business initiative? Director of operations Production supervisor Project sponsor Financial controller

Interdependent tasks

A firm begins its strategic business initiative of developing a new business model that will allow the firm to deliver an efficient, tailored service to its customers. To accomplish this, the firm initiates a business management project. Which aspect of project management applies to this firm's project? Independent operations Interdependent tasks Regulatory concept External environment

Improvement in product design

A firm begins its strategic business initiative of developing a new business model to enhance its competitiveness. What can be identified as a strategic business initiative for this firm? Timely payment of liabilities Liaison with regulatory agencies Improvement in product design Environmental scanning

Defining traceable and verifiable requirements that can be validated at project closure Establishing metrics that describe what to measure and how to measure it

A general contractor from Germany is managing a construction project in Norway that will add a new conference room to an existing office building. The project needs to collect requirements from the client prior to developing plans to build the new conference room. Which two actions would prove useful to plan the project's quality? Choose 2 answers Defining traceable and verifiable requirements that can be validated at project closure Establishing metrics that describe what to measure and how to measure it Using inventory to protect against defects during project implementation Changing the work plan to account for the project experiencing common variation Using slogans and numerical quotas to exhort resources to work harder

Using a change management system to influence performance

A general contractor is managing a construction project that will add a new conference room to an existing office building. The project was documented in a fixed-price contract that specified a completion date. The contract includes a damages clause imposing a late completion penalty if the conference room is not ready for use by the due date. One month into the implementation, the customer wants to modify the room's lighting equipment. The requested change will delay the project's critical path by three months. Which process should be used to maintain the existing baseline? Using a change management system to influence performance Absorbing the change request in the baselines for time and cost Focusing on the original scope Using the risk management system to process change requests

Reinforcing the change

A general contractor is managing a highway construction project that will repair a flood-damaged road. The Department of Transportation offered an incentive fee if the repairs are completed early. Therefore, the project manager has established a rewards and recognition program and has communicated this program to the project team members. The project's recognition program will reward project team members who add value by accelerating the project while maintaining its ability to deliver the completed scope correctly. Which change management phase does this scenario describe? Preparing for the change Managing the change Reinforcing the change Upgrading the change

Scope

A general contractor is managing a highway construction project that will repair a flood-damaged road. The project was documented in a cost-plus-incentive fee contract that specified a completion date of June 30. The Department of Transportation has offered an incentive for early completion of the repairs. Which triple-constraint baseline remains unchanged by the effects of the incentive?

Scope creep has caused a scope variance.

A project is an operational necessity to repair a design flaw in the date field that constrains the year number to two digits, instead of permitting the year to be indicated with four digits. If the project is not completed before December 31, 1999, many legacy programs are expected to fail or produce unpredictable outcomes. The marketing department wants to upgrade its existing computer equipment and have the costs included in the budget for this project. The project team implemented the marketing department's request without completing the formal change control procedures. What has happened to the scope baseline in this scenario? Scope updates have caused an unaffordable scope variance. Scope creep has caused a scope variance. Scope upgrade has caused a scope variance. Scope risks have caused a smaller scope variance.

Creating project schedules

A project manager has identified activities in a calendarized budget. What is the appropriate next planning action this project manager should take to utilize the cost, duration, and sequencing information for these activities? Estimating dates of spending Completing top-down estimates Completing bottom-up estimates Creating project schedules

Activity estimates

A project manager is creating a list of anticipated project tasks while building a calendarized budget. What is the key component of this budget called? Contingency reserves Management reserves Budget estimates Activity estimates

Competitive necessity

A project manager is discussing the latest financial reports of a project to construct a grocery store and is approximately 90% into the planning phase. The project manager has been told by a project team member that other grocery stores in the area have an automated teller machine (ATM) for visitors. An ATM has not been discussed or incorporated into the planning of this project nor have any been incorporated into prior grocery store services. The leader calls for the immediate addition of an ATM into all prior grocery stores. Which non-numeric model is this leader using? Operating necessity Competitive necessity Sacred cow Checklists

Reduced quality of deliverables

A project manager is working on a large two-year IT project. At the end of the first year, the project is two months behind schedule because the interface programming is taking longer than planned. The sponsor will not extend the deadline or reduce the scope. The project manager decides to crash the schedule to meet the project deadline. What is the risk of this decision? Reduction in rework Use of fewer resources Reduced quality of deliverables Less overtime

Scope reduction

A project manager is working on a large two-year IT project. At the end of the first year, the project is two months behind schedule because the interface programming is taking longer than planned. The sponsor will not extend the deadline or the budget but is willing to eliminate an interface. Which schedule compression technique can the project manager use? Determining the critical path Resource leveling Scope reduction Fast-tracking

Project statement of work (SOW) Requirements traceability matrix (RTM)

A project manager wants to understand and document the approvals that must be obtained for each work package in the work breakdown structure (WBS). Which tools document the approval requirements for each work package? Choose 2 answers Project charter Project statement of work (SOW) Request for proposal (RFP) Resource breakdown structure (RBS) Requirements traceability matrix (RTM) Organizational breakdown structure (OBS)

Three-point

A project team is gathered together to begin the planning process to create a new website for its client. Discussions have turned to website capacity. Some team members believe the bandwidth of the site needs to be higher to avoid the website freezing. Others believe the bandwidth is too high as it is right now. A finite capacity needs to be determined to define the estimated time to complete this task. What estimating technique will be used? Parametric Top-down One-point Three-point

Preparing for the change

A project was authorized as an operational necessity to repair a design flaw in the date field on a computer system that constrains the year number to two digits instead of permitting the year to be indicated with four digits. During execution of the activity concerned with identifying the affected software, five relevant software modules were discovered that had not been included in the scope baseline. The project team must adjust the baselines to include the omitted scope. Which change management phase does this scenario describe? Preparing for the change Managing the change Reinforcing the change Upgrading the change

Building proposal Fundraising

A state college is launching a library building project. The project manager has constructed a work breakdown structure (WBS) for the project. A few elements from the WBS are shown in the table below (the WBS ID numbers and indentations of the descriptions are intentionally omitted). Which two WBS elements of this project are on the same level as each other? Choose 2 answers

8 and 80 Rule

According to the ____________, a project manager should avoid controlling tasks that take less than eight hours and should not let more than two weeks go by without checking in.

Project team members gain access to historical data from other projects.

An organization expects to use a project management office (PMO) to support multiple projects that will be implemented within a projectized organizational structure. Which implied effect is a benefit to this organization? Project team members retain their functional responsibilities. Project team members become full-time employees. Project team members gain access to the newest technologies and skill sets. Project team members gain access to historical data from other projects.

Sacred cow

An organization has a surplus of project dollars in the operating budget. The senior leader's decision is to fund one more project with the remaining funds. Of the three projects proposed, one of the projects was selected without evaluation of feasibility or viability. Which non-numeric model is this leader using? Operating necessity Competitive necessity Sacred cow Weighted factor

Level 4

At which level in the OPM3 is there more refined documentation, consistent management support, consistent execution, and efficiency across all projects?

Hire technical staff from the competition

Bantam Electronics, a leader in mobile communications, has fallen behind in technology. Competitors have introduced products using the latest technology. Resources with expertise in this technology are scarce since there are very few universities offering training in the technology. Bantam's market share has fallen from 70 % to under 50%. What can Bantam do to mitigate the risk of losing further ground in technology? Outsource technical development Discontinue advanced technology products Hire technical staff from the competition Offer to pay for engineers to attend courses

Continue using the old software tool

Consolidated Systems, Inc. is initiating a project to develop a new Inventory system with a specific system launch date and fixed budget. The company had planned to use a software development tool it has used for past projects but is now considering instead using new state-of-art software that has the potential to speed development. The available staff is familiar with the old software development tool. What can the company do to avoid the risk of project delays? Outsource the software development to a consultancy Conduct weekly project status meetings Continue using the old software tool Train the staff in new software

Biases have not been eliminated.

Each project team member generated a series of questions to evaluate three projects. A checklist was then compiled into one list based on the frequency of question content, such as personnel, materials, experience, and time. What is a disadvantage of using this checklist approach? Scoring models have not been integrated. Biases have not been eliminated. Numerical values have not been itemized. Weighted values have not been considered.

Operational impact has been built in. Strategic impact has been integrated.

Each project team member generated a series of questions to evaluate three projects. The checklist was compiled into one list based on frequency of question content, such as personnel, materials, experience, and time. The more frequent the question content, the more likely the questions would be asked first. Which two benefits result from this checklist approach? Choose 2 answers Operational impact has been built in. Strategic impact has been integrated. Biases have been reduced. Priorities of senior leadership are met.

WBS dictionary and project scope statement

For the following collapsed work breakdown structure (WBS) for Project O, the project manager must complete the scope baseline. In addition to the WBS, the scope baseline will contain two additional documents. What are the other two documents that belong in the scope baseline? Project charter and statement of work Project contract and business case WBS dictionary and project scope statement Activity list and scope management plan

Terminating the project as soon as possible and releasing the project's resources

For the following collapsed work breakdown structure (WBS) for Project O, the project's steering committee held a phase gate review of the Feasibility results. That review determined that the project's proposed design would be obsolete before it would reach the marketplace. WBS ID Description 0.0 Project O 1.0 Project started 2.0 Feasibility 3.0 Design 4.0 Development 5.0 Manufacturing 6.0 Distribution 7.0 Project completed Which action should the project manager initiate? Crashing the project's schedule by asking for more resources Fast-tracking the schedule by altering predecessor to successor relationships Terminating the project as soon as possible and releasing the project's resources Looking for ways to make the design less costly

Cost

In Project A, the contract specifies that time is very important. All of the scope must be completed, or the project will fail. The project's objective requires the project team to work as quickly as possible. Which triple constraint can be adjusted to permit the project team to work as quickly as possible? Time Cost Price Incentives

Time

In Project B, all of the scope must be completed, or the project will fail. The work is important but not urgent. Which triple constraint can be adjusted if the project's objective requires the project team to work at the lowest possible cost? Time Cost Incentives Penalties

Determine data format

In the work breakdown structure given for a software development, which component is the starting point for developing the project schedule? Test to specification Develop training documents Determine database structure Determine data format Transfer data

Balanced

In which matrix structure is the PM's level of authority low to moderate?

Projectized Organization

In which of the following organizations do subject matter experts from different functions directly report to the project manager for a specific project?

Projectized

In which organization do subject matter experts from different functional areas report directly to the project manager for a specific project?

To calculate money's worth today compared to in the future.......Time value of money To calculate whether revenue tomorrow is greater than costs today.......Net present value To calculate future cash flows using time and interest rate.......Internal rate of return To calculate the alternative use of money.......Opportunity cost

Match each purpose to its associated financial concept. Answer options may be used more than once or not at all. Select your answers from the pull-down list. To calculate money's worth today compared to in the future To calculate whether revenue tomorrow is greater than costs today To calculate future cash flows using time and interest rate To calculate the alternative use of money

Projects will coordinate resource usage by monitoring the status of shared resources.

Regardless of the organizational structure used to manage a project, an organization elects to use a project management office (PMO). Which benefit will this organization gain? Projects will coordinate resource usage by monitoring the status of shared resources. Projects will define the organization's corporate strategy in the project charter. Projects will receive a 10% managerial reserve fund to cover warranty back charges. Projects will eliminate the costs incurred from having to follow corporate procedures.

The Project Management Institute (PMI)

The Project Management Professional (PMP®) and Certified Associate in Project Management (CAPM®) certifications are offered by which organization?

Risk Avoidance

The World Fabrication Corporation is launching a project that calls for the heavy use of copper-clad bolts. The cost of these bolts fluctuates daily and it is difficult to estimate the project cost over several weekly purchases of bolts. The threat of cost increases is highly probable with a potentially significant budget impact. The company has decided to contract with the supplier to buy the bolts at a fixed price for the expected duration of the project. What risk response strategy is World Fabrication Corporation using? Risk Mitigation Risk Acceptance Risk Transference Risk Avoidance

Stage completion

The customer of a project validates that scope has been completed for the second of three segments of the project. Which closure practice does this describe? The customer of a project validates that scope has been completed for the second of three segments of the project. Which closure practice does this describe? Iteration completion Phase completion Deliverable completion Stage completion

Deliverable completion

The customer of a project validates that the project scope has been completed, all invoices have been paid, and the expected benefits have been realized. Which closure practice does this describe? Iteration completion Phase completion Deliverable completion Stage completion

Sequence of project phases

The following table shows the Level 1 work breakdown structure (WBS) for Project A. WBS ID Description 0.0 Project A 1.0 Project started 2.0 Feasiblity 3.0 Design 4.0 Development 5.0 Manufacturing 6.0 Distribution 7.0 Project completed Which approach did the project manager use to structure the WBS? List of deliverables Sequence of project phases Enumeration of functional departments List of project stakeholders

1.5.1 Lay sod

The general manager of a hotel has asked for a project to put in new landscaping around the building. The project manager has constructed a high-level work breakdown structure (WBS) for the project, which is provided below. WBS ID Description 1.0 Landscaping 1.1 Plans 1.2 Site preparation 1.3 Sprinklers 1.4 Sidewalks and curbing 1.5 Planting Which activity would it be logical to add to the approved high-level WBS to provide more detail on the work to be accomplished? 2.0 Building façade and foyer 1.6 Online reservation system 1.5.1 Lay sod 1.1.1 Plant trees and bushes

Opportunities to level resource usage patterns

The project management information system (PMIS) has produced the following resource histogram:(Source: http://help.rillsoft.com) What information does this resource histogram display that can help during the planning phase of the project? Opportunities to work overtime to recover lead times Opportunities to compress durations for non-effort-driven tasks Opportunities to increase slack allowances Opportunities to level resource usage patterns

23

The project team is determining the duration for upgrading the software on the app used on its mobile devices. An experienced technician took 10 minutes to complete the task. Two other new technicians will be assisting and have little experience in software upgrades on mobile devices or desktop and laptop computers. One technician took approximately 28 minutes, while the other technician took 31 minutes to complete the task. Using three-point estimation, how many minutes will it take for each upgrade performed? 15 23 30 35

20

The project team is determining the duration for upgrading the software on the app used on its mobile devices. An experienced technician took 15 minutes to complete the task. Two other new technicians will be assisting. They have performed a few upgrades on mobile devices, desktop computers, and laptop computers, which took one technician approximately 25 minutes and the other 20 minutes to upgrade. Using three-point estimating, how many minutes will it take for each upgrade performed? 15 20 25 40

scope, budget, and schedule

What are the objectives of project management?

External, technical, or organizational

What are the three categories of risk in the project risk register? External, technical, or organizational Internal, material, or personnel Portfolio, program, or project Certain, uncertain, or probable Internal, identifiable, or iterative

PRojects IN a Controlled Environment

What does PRINCE2 stand for? PRoject INsights for CompEtitiveness PRojects IN a Competitive Environment PRoject INsights and CompEtencies PRojects IN a Controlled Environment

The discount amount when present value of cash intake equals the original investment

What is internal rate of return? The value of what you are giving up when you select one of two projects The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less than a dollar The discount amount when present value of cash intake equals the original investment The measure of time in which total cash received is equal to, or exceeds, total costs

1.0 - 2.0 - 3.0 - 5.0 - 6.0

What is the critical path of this network diagram? 1.0 - 2.0 - 3.0 - 4.0 - 5.0 - 6.0 1.0 - 2.0 - 5.0 - 6.0 1.0 - 3.0 - 5.0 - 6.0 1.0 - 2.0 - 3.0 - 5.0 - 6.0

1.0 - 3.0 - 5.0 - 6.0

What is the critical path of this network diagram? 1.0 - 2.0 - 3.0 - 4.0 - 5.0 - 6.0 1.0 - 2.0 - 5.0 - 6.0 1.0 - 3.0 - 5.0 - 6.0 1.0 - 2.0 - 3.0 - 5.0 - 6.0

To determine if a project is meeting budget expectations

What is the purpose of cost variance (CV) analysis? To determine if a project is meeting efficiency expectations To determine if a project is meeting schedule expectations To determine if a project is meeting budget expectations To determine if a project is meeting price and time expectations

To measure a project's cost efficiency

What is the purpose of the cost performance index (CPI)? To measure a project's labor costs To measure a project's cost effectiveness To measure a project's cost efficiency To measure a project's actual costs

To determine a project's time efficiency

What is the purpose of the schedule performance index (SPI)? To determine a project's budgeted schedule To determine the ratio between planned value and actual cost To determine a project's time efficiency To determine the ratio between cost variance and schedule variance

The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less than a dollar

What is the time value of money? The value of what you are giving up when you select one of two projects The concept that a dollar today is worth a dollar, but a dollar in a year will be worth less than a dollar The discount amount when present value of cash intake equals the original investment The measure of time in which total cash received is equal to, or exceeds, total costs

Implementing the project plan

Which activity is accomplished as part of the executing process of a project? Receiving sign-off from the customer Creating the work breakdown structure Creating the network diagram Implementing the project plan

Drafting the project charter

Which activity is performed during the creating part of the initiating process? Completing the project documentation Recognizing and rewarding performance Assessing project quality Drafting the project charter

Lines of authority are clear.

Which advantage does the functional (departmentalized) organizational structure provide for a firm with multiple projects? Lines of authority are clear. The project customer is the only focus. It is efficient for collaboration and cooperation between departments. Each project is managed holistically.

User training

Which deliverable from a work breakdown structure (WBS) is not specific enough to measure its completion at project closure? User training User documentation manuals Payment processing hardware Hardware setup

Closing process group

Which group is included in the five process groups? Risk process group Closing process group Communication process group Quality process group

Schedule

Which of the following completes this statement: A project is successful if it meets the triple constraints of scope, ________, and budget?

The organization has difficulty utilizing resources across functions.

Which of the following is a disadvantage of the functional organization? Team members

Policies and procedures may be applied inconsistently.

Which of the following is a disadvantage of the projectized organization?

Program

Which of the following is a group of related projects?

The PM must have enough work to keep SMEs busy full-time or risk losing them to another project or functional area

Which of the following is an advantage of the projectized organization?

Stakeholder engagement

Which of the following is the process of communicating and interacting with stakeholders in a way that keeps them interested and focused on their involvement in the project?

Team status reports

Which of the following reports are often updated in an online collaboration tool and published weekly?

Project objective

Which of the following represents an important business need or issue and provides an opportunity for others to create an appropriate, valuable solution?

Work breakdown structure

Which output is needed prior to using the bottom-up estimating technique? Quality management plan Teaming agreement Work breakdown structure

Checklist

Which tool could a project manager use to ensure that the project team will address the items that are important when developing and defining the project's scope? Checklist Checksheet Fishbone diagram Network diagram

A business scenario

a description of a business situation or problem that describes: past events that are relevant, current key information, and expected or desired outcomes.

The approach is expensive because of the duplication of personnel

disadvantage of the matrix organization

Policies and procedures may be applied inconsistently.

disadvantage of the projectized organization?

triple constraints

final scope, schedule, and budget plans are captured as baselines for the project,