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A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style:
A Project with a total funding of $70,000 was finished with a BAC value of $60,000. What term can best describe the difference of $10,000?
What involves determining what quantities are to be used to perform project activities.
An activity that consumes no time or resource and shows only that a dependency exists between two activities is called:
Lessons learned are most often based upon project historical records. Lessons learned can be used to:
During the Develop Schedule process, a Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. All of the following are tools and techniques that may be used during this process:
A Project Cost Management plan is created as a part of:
Develop Project Management Plan process
Control Costs process
Determine Budget process
Estimate Costs process
Which of the following is a common characteristic of most project life cycle descriptions?
According to the PMBOK Guide, the project statement of work (SOW) should contain or reference all the following elements except?
How much time does the typical project manager spend communicating both formally and informally?
Project Risk Management includes all of the following processes except ______________.
The concept that it is easier and less costly to do the work right the first time is called _______________.
A cost-plus-incentive-fee (CPIF) contract has an estimated cost of $150,000 with a predetermined fee of $15,000 and a share ratio of 80/20. The actual cost of the project is $130,000. How much profit does the seller make?
Mathematical models using linear, dynamic, integer, or algorithm models are considered _____________.
During project integration activities, a project sponsor's role can best be described as doing which one of the following?
___________ is a group of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.
Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
Which process involves coordinating people and other resources to carry out plan?
Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
You are a project manager for a manufacturing firm . You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem?
If the level of conformance directly increases as a result of new processes, the required cost of monitoring is likely to:
Communication between the project manager and the project team members should take place:
A project Control Scope system is documented during which of the Project Scope Management processes?
The process to change a contract clause is _______ the project change control system.
You are the project manager for Tech Days Seminar Homes. Your new project assignment is to head the Days Seminar Home opening in Mountainview, CA. You are estimating the duration of the project plan activities, devising the project schedule, and monitoring and controlling deviations from the schedule. Which of the Project Management Knowledge Areas are you working in?
If BCWP= 450: ACWP= 410, and BCWS= 325, what is the schedule variance and the schedule performance index?
Which of the following describes tool/ technique where expenditure of funds is reconciled with the funding limits imposed by the performing organization?
You have a piece of equipment that was purchased for your ptoject recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?
Which organization has set the de facto standards for project management techniques?
You have been assigned to take over a project that is 60 percent complete according to the schedule. After evaluation, you find that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take?
Which process must occur after a project manager has been assigned to the project?
The activity that is most concerned with the current status of the project schedule is called ___________.
Which type of network diagram allows you to depict four types of dependencies (finish-to-start, finish-to-finish, start-to-start, and start-to-finish)?
Which of the following project document is best suited for tracking costs of resources?
Function of the __________ is to make sure that changes to anything in the project are recorded and agreed to by the stakeholders.
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of ____________.
Which of the following technique to identify the underlying cause of a problem and take steps to prevent further occurrence?
Which monitoring or controlling activities would not result in preventive action being applied?
You are project manager of a project. During the process of selecting the sellers, you reject one vendor because it doesn't have the manufacturing capability. This is an example of which selection tool?
You are managing a project that will implement a new MARKETING software package. You have assigned the resources and want to keep the IT manager in the loop by informing him or her of your decisions. Which type of organizational structure are you working in?
How much time does a typical project manager spend communicating both formally and informally?
You are project manger of an existing project. You have been with your company for several years but not in the area where this project is occurring. A Project Management Plan is in place. The project has not exceeded many baseline change thresholds. The customer is not happy with the status of the project. Which of the following is the BEST initial action?
You are the project manager of a project. You have to determine the staffing requirements of the project. Which of the following you need:
The process of monitoring specific project results to determine if they comply with relevant quality standards is called ______________.
A tool which is used to illustrate links between work packages or activities and team members is called _______.
The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order:
The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
Team motivation, problem resolution, and space verification occur during which process?
The project manager should be assigned ___________ as an output from the Initiation process.
TESTED 21 Jan 2025
