Question: Which activity is accomplished as part of the executing process of a project?
Answer Options: a) Finalizing the project schedule b) Returning the project assets to the sponsoring organization c) Conducting a lessons learned review d) Managing project stakeholders
Answer: d) Managing project stakeholders
Question: Which activity is accomplished as part of the planning process of a project?
Answer Options: a) Controlling the budget b) Developing the project proposal c) Creating the network diagram d) Reporting project quality
Answer: c) Creating the network diagram
Question: Which activity is accomplished as part of the closing process of a project?
Answer Options: a) Writing the lessons learned b) Managing the stakeholders c) Monitoring the schedule d) Finalizing the project schedule
Answer: a) Writing the lessons learned
Question: Which activity is accomplished as part of the executing process of a project?
Answer Options: a) Assessing budget performance b) Acquiring project team members c) Paying the outstanding vendor invoices d) Creating the network diagram
Answer: b) Acquiring project team members
Question: Which activity is accomplished as part of the monitoring and controlling process?
Answer Options: a) Developing the work breakdown structure (WBS) b) Delivering the completed project to the customer c) Keeping the project activities coordinated d) Establishing the budget for subject matter experts (SMEs)
Answer: c) Keeping the project activities coordinated
Question: Which tool would a project team use to indicate the rate of resource usage per work period?
Answer Options: a) Risk breakdown structure b) Organizational breakdown structure (OBS) c) Network diagram d) Resource histogram
Answer: d) Resource histogram
Question: Which two scope baseline tools are completed prior to publishing the project’s schedule baseline?
Answer Options: a) Responsibility assignment matrix (RAM) b) Work breakdown structure (WBS) c) Project team directory d) Resource breakdown structure (RBS) e) Project business case f) Project scope statement
Answer: b) Work breakdown structure (WBS) f) Project scope statement
Question: A couple is planning an outdoor summer wedding at a popular resort. There is a chance of rain on the wedding day. The wedding planner makes arrangements to move the wedding to a smaller indoor function room at the resort in the event of inclement weather. What strategy is the wedding planner using to address the risk of rain on the wedding day?
Answer Options: a) Risk Avoidance b) Risk Mitigation c) Risk Transference d) Risk Acceptance
Answer: b) Risk Mitigation
Question: A contractor has completed eight houses in a new development and is planning on having an Open House. He has identified a risk that a visitor to the model home could slip and fall down the stairs, sustaining injuries. What can the contractor do to mitigate the risk of a guest getting injured?
Answer Options: a) Purchase an insurance policy that covers any injuries to a guest b) Require guests to sign a non-liability form c) Replace the stairs with an elevator d) Install lighting, signs, and handrails to decrease the probability of a fall
Answer: d) Install lighting, signs, and handrails to decrease the probability of a fall
Question: Integrated Materials, Inc. is initiating a project to replace its mainframe computer systems. While discussing the software specifications with the IT Director, the Project Manager concludes there is significant risk of cost overruns as a result of enhancements. What can the Project Manager do to avoid the risk of cost overruns?
Answer Options: a) Authorize overtime in the IT department b) Outsource the software development c) Gain approval to reduce the scope d) Hire additional programmers for the project
Answer: c) Gain approval to reduce the scope
Question: Which risk represents high severity and low probability according to the risk register?
Answer Options: a) A thunderstorm is predicted. b) Some team members have arrived late. c) A customer has filed a complaint. d) There has been a short circuit in the switchbox. e) The accounting system has failed.
Answer: d) There has been a short circuit in the switchbox.
Question: Which approach can a project manager use for developing a calendarized budget to reflect timing of expenditures?
Answer Options: a) Expert b) Three-point c) Bottom-up d) Top-down
Answer: c) Bottom-up