Which of the following activities are involved in the Team Development process?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You have to work on an agreement that creates and defines obligations between two or more parties. Which of the following types of agreement will you work on?
Which of the following is described in the statement below?
"It is an approved time-phased budget that monitors and measures cost performance throughout the project life cycle."
The figure given below demonstrates the communication model for a project. What role does the component D play in the communication model?
Which of the following is described in the statement below?
"It is a group of sequential and related project phases that are defined by the organization and control needs of the management or organizations concerned with the project, the nature of the project itself, and the application area."
What cost estimating approach uses the work breakdown structure to create a cost estimate?
You work as a project manager for PassGuide Inc. The company has recently opened a new department in its main building. You need information of all the vendors and hardware equipment being used in the different areas of the newly built department. Which of the following charts will you use to get the required information?
You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?
You work as a project manager for PassGuide Inc. Your project has a schedule variance of -$35,500 and a schedule performance index of 0.92. What do these values mean in regard to project performance?
You are the project manager for your organization and would like to use a time and materials contract for a small project. What must a time and materials contract have to safeguard the project?
Which of the following are inputs of the Control Scope process?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following contract types is described in the statement below?
"This contract type provides no incentive for the contractor to control costs and hence is rarely utilized."
You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via email every week. You have agreed and are sending the reports on each Thursday. After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?
You work as a project manager for PassGuide Inc. Which of the following processes will you use to formalize the acceptance of the completed project deliverables?
The Project Communications Management knowledge area focuses on which of the following processes?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You are working on a project that has a budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost performance index. Which of the following values will you report?
Dawn is the project manager of the HQQ Project and she believes the project work is done. She has prepared the final project report, which includes information on the financial performance, schedule performance, and project team performance in the project. All of the following documents are used to measure the completeness of the project scope except for which one?
You work as a project manager for PassGuide Inc. Which of the following stages of the process group, if not performed well by you, is unlikely that the project will be successful in meeting the business needs?
You work as a project manager for PassGuide Inc. You report the project details directly to the vice president and the administrator of your organization. In which of the following types of organization structures are you working?
Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?
Which of the following components of EVA is described in the statement below?
"It is a measure of how much of the project value has been earned so far through completed work, that is, the budgeted cost of the work that has been performed through the project status date."
Which of the following elements facilitates people to know large amounts of information as a picture rather than a table of names and numbers?
Which of the following is described in the statement below?
"It is a tool that defines a project and groups the project's discrete work elements in a way that helps organize and define the total work scope of the project."
You work as a project manager for PassGuide Inc. Which of the following risk response planning techniques will you use to shift the impact of a threat to a third party, together with the ownership of the response?
Which of the following are inputs of the perform quality assurance process?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following are the types of casual/econometric forecasting methods?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?
Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?
You are using the PDCA model to determine, implement, monitor, control, and maintain Information Security Management System or ISMS. You have to determine where to apply changes that will include improvement. In which of the following phases of PDCA are you working?
You work as a project manager for PassGuide Inc. Your project was baselined at 8 hours, but 11 hours have been spent and the estimate to complete is an additional hour. The project should have been completed already. An hourly rate of $100 per hour is provided, and the project is 91.7% complete.
Which of the following is the correct CPI for the project?
You work as a project manager for PassGuide Inc. You are in the project kickoff meeting. Which of the following documents are reviewed during the project kickoff meeting?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following tools of the Conduct procurements process is used to assign numerical weights to evaluate criteria and then multiply them by the weights of each criteria factor to come up with total scores for each vendor?
Which of the following are the characteristics of the project life cycle?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for BlueWell Inc. Management has asked you to work with the key project stakeholder to analyze the risk events you have identified in the project. They would like you to analyze the project risks with a goal of improving the project's performance as a whole.
What approach can you use to achieve the goal of improving the project's performance through risk analysis with your project stakeholders?
In which of the following process groups is the initial scope defined and are the initial finances committed?
Micha is the project manager for her project. Micha is now ready to complete the scope verification process so that she can move the project into the project closing process. What is the primary purpose of the scope verification process?
You work as a project manager for PassGuide Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?
You have just completed scope verification for your project. This process creates three deliverables for the organization. Which one of the following is not an output of the scope verification process?
Which of the following processes is described in the statement below?
"It is the process of identifying and documenting relationships among the project activities."
Which of the following best describes the identification, analysis, and ranking of risks?
You work as a project manager for PassGuide Inc. You want to illustrate how various factors might be linked to the potential problems or effects. Which of the following tools of the Perform Quality Control process will help you to accomplish the task?
Robert is the project manager of the NHH Project and is working with his project team to create the WBS for his organization. He has a project scope statement that needs to be broken down into smaller, more manageable components. He would like to organize the components by project phase to help organize the deliverables created in each phase of the project. What is the tool and technique called that breaks down the project scope into the WBS?
You work as a project manager for PassGuide Inc. You want to communicate and solicit feedback from your employees to build future plans. Which of the following will help you to accomplish the above task?
Which of the following processes records the results of executing quality activities?
During which of the following processes, probability and impact matrix is prepared?
Alan works as a project manager for PassGuide Inc. He is working on the office renovation project. The office has 200 doors. All doors have to be glassed and painted. Before each door can be painted, the glasses must be fitted in them at least 12 hours before. Alan has arranged these tasks with a finish to start relationship between glassing and painting. What else should Alan do to account for the twelve hours of maintenance time?
Which of the following are outputs of the Direct and Manage Project Execution process?
Each correct answer represents a complete solution. Choose all that apply.
You work as a project manager for PassGuide Inc. You want to reduce the affective conflicts at all levels, and also attain and maintain a reasonable amount of substantive conflict. Which of the following processes will you use to accomplish the above task?
You are the owner of a company that handles accounting operations for all its clients. Recently, your clients have been complaining about inefficiency of your business processes, and the lack of productivity. You want to put in place an initiative with the team, which will review the processes and make recommendations for improvement on an on-going basis, which you can use. What kind of management would this team need?
You work as a project manager for PassGuide Inc. You are working on a project where there is a limited amount of detailed information about the project or program. Which of the following estimation techniques will you use to accomplish the task?
Which of the following types of organization structures represents the particular and specific organization that has been built through the utilization of an organizational structure?
Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project's end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?
Which of the following is described in the statement below?
"It is a common clause in contracts, which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term "act of God", prevents one or both parties from fulfilling their obligations under the contract."
Which of the following are inputs of the Monitor and Control project work process?
Each correct answer represents a complete solution. Choose all that apply.