Question: What should the team do to plan the quality of this scope upgrade?
Answer Options:
Repair any defective workstations detected prior to closing down the project.
Identify and apply the relevant ANSI standards.
Inspect the nonconforming hardware after it had been installed.
Apply post-project job shadowing techniques to detect the misuse of workstations.
Answer: Identify and apply the relevant ANSI standards.
Question: Which process would increase confidence that the crashing effort will not reduce the project’s quality?
Answer Options:
Resource multitasking
Progressive elaboration
Quality assurance
Risk exposure
Answer: Quality assurance
Question: Which two actions should the project team perform to prepare for the potential scope change?
Answer Options:
Pad the contingency allowances for time and cost.
Establish a change request form and a change log.
Use the contract to define the requirements for notification.
Inflate the price charged for making a change.
Finish the existing scope before implementing the mandatory scope changes.
Answer: Pad the contingency allowances for time and cost.
Establish a change request form and a change log.
Question: When does a negative cost variance (CV) occur in earned value management?
Answer Options:
When the actual cost is more than the earned value
When cost variance is more than schedule variance
When schedule variance is more than cost variance
When the earned value is more than the actual cost
Correct Answer: When the actual cost is more than the earned value
Answer:
Question: What is the documentation that provides assurance that products or services have been delivered on time and as ordered?
Answer Options:
Procurement voucher
Vendor invoice
Vendor closing checklist
Vendor account statement
Correct Answer: Vendor invoice
Answer:
Question: What are two purposes of project closeout?
Answer Options:
To keep the project on schedule
To modify scope to meet client needs
To derive lessons learned and best practices
To make sure the project remains within budget
To ensure completion of the project
Answer: To derive lessons learned and best practices
To ensure completion of the project
Question: The customer of a project has validated that scope has been completed for a beta test. Which closure phase does this describe?
Answer Options:
Stage completion
Deliverable completion
Iteration completion
Phase completion
Correct Answer: Deliverable completion
Answer:
Question: A project is nearing completion, and the entire project team is meeting. During the meeting, the team discusses a part of the project that went particularly well, and the person responsible for that task describes how they were able to exceed expectations. Another discussion summarizes a part of the project that was over budget and how the team could have prevented the cost overrun. Which project closeout process is taking place in this meeting?
Answer Options:
Lessons learned review
Team building session
Formal acceptance of deliverables
Releasing of project team members
Correct Answer: Lessons learned review
Answer:
Question: 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 objective of project management is directly related to the tailored service?
Answer Options:
Resource loading
Stakeholder satisfaction
Project teamwork
Efficient output
Correct Answer: Stakeholder satisfaction
Answer:
Question: When does a negative cost variance (CV) occur in earned value management?
Answer Options:
When the actual cost is more than the earned value
When cost variance is more than schedule variance
When schedule variance is more than cost variance
When the earned value is more than the actual cost
Answer: When the actual cost is more than the earned value
Question: What is the documentation that provides assurance that products or services have been delivered on time and as ordered?
Answer Options:
Procurement voucher
Vendor invoice
Vendor closing checklist
Vendor account statement
Answer: Vendor invoice
Question: What are two purposes of project closeout?
Answer Options:
To keep the project on schedule
To modify scope to meet client needs
To derive lessons learned and best practices
To make sure the project remains within budget
To ensure completion of the project
Answer: To derive lessons learned and best practices
To ensure completion of the project
Question: What is one of the five levels of project management maturity?
Answer Options:
Unstructured process
Managed process
Evolving process
Regulated process
Answer: Managed process
Question: Which scenario describes a project?
Answer Options:
A sporting goods store installs a new point-of-sale system.
An automobile manufacturer produces automobiles.
A freight company moves products from one point to another.
An airline company provides transportation services.
Answer: A sporting goods store installs a new point-of-sale system.
Question: A firm with many ongoing projects deploys an organizational structure where the project manager defines what needs to be accomplished and establishes the project plan, schedule, and budget. Additionally, the functional manager determines how the project will be accomplished by assigning personnel and executes plans in accordance with the standards set by the project manager. Which type of organizational structure is this firm using?
Answer Options:
Balanced matrix organizational structure
Weak matrix organizational structure
Functional (departmentalized) organizational structure
Strong matrix organizational structure
Answer: Balanced matrix organizational structure