Project #69522 - PM

Question 21 text   Question 21

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An autocratic management style:

       

Question 21 answers

 

 

a. Is effective in most project management situations

 

 

b. Is effective in highly routine efforts

 

 

c. Is effective in high flux, state-of-the-art projects

 

 

d. Will lead to the tyranny of the majority

       

 

Question 22 text   Question 22

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A project team structure that closely reflects the physical structure of the deliverable is known as:

       

Question 22 answers

 

 

a. Egoless

 

 

b. Specialty

 

 

c. Surgical

 

 

d. Isomorphic

       

 

Question 23 text   Question 23

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The purpose of mid-project evaluation is:

       

Question 23 answers

 

 

a. Continual monitoring of budget and estimates

 

 

b. To focus on achievement of individual element of the project plan

 

 

c. To determine whether the original objectives are still relevant

 

 

d. To re-baseline the project budget

       

 

Question 24 text   Question 24

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If the latest time you can start a task is five hours into the project, and the earliest time is three and a half hours into the project, how much slack (also called float) does the task have?

       

Question 24 answers

 

 

a. 0.5 hours

 

 

b. 1.5 hours

 

 

c. 2.5 hours

 

 

d. 8.5 hours

       

 

Question 25 text   Question 25

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In risk management, insurance is an example of:

       

Question 25 answers

 

 

a. Risk avoidance

 

 

b. Risk deflection

 

 

c. Risk acceptance

 

 

d. Contingency planning

       

 

Question 26 text   Question 26

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A four step risk assessment process reflecting standard risk management good practice consists of:

       

Question 26 answers

 

 

a. Risk identification, Risk deflection, Risk impact analysis, Risk monitoring and control

 

 

b.  Risk acceptance, Risk impact analysis, Risk response planning, Risk monitoring and control

 

 

c. Risk deflection, Contingency planning, Risk impact analysis, Risk monitoring and control

 

 

d. Risk identification, Risk impact analysis, Risk response planning, Risk monitoring and control

       

 

Question 27 text   Question 27

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Structured Walk-Through is a methodology used in:

       

Question 27 answers

 

 

a. PERT

 

 

b. GERT

 

 

c. VERT

 

 

d. Project Evaluation

       

 

Question 28 text   Question 28

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If review of a project's status indicates that EV = $400, AC = $400, and PV = $500, the project is:

       

Question 28 answers

 

 

a. On budget, behind schedule

 

 

b. On budget, ahead of schedule

 

 

c. Over budget, behind schedule

 

 

d. Over budget, ahead of schedule

       

 

Question 29 text   Question 29

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The poor man's hierarchy is a method for:

       

Question 29 answers

 

 

a. Project estimation

 

 

b. Project scheduling

 

 

c. WBS construction

 

 

d. Project selection

       

 

Question 30 text   Question 30

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According to PMI, a WBS should focus on

       

Question 30 answers

 

 

a. Tasks

 

 

b. Deliverables

 

 

c. Interrelationships among activities

 

 

d. Cost of the project

       

 

Question 31 text   Question 31

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If EV = $300, AC = $400, and the project budget is $1,000, what is the estimated final cost of the project (this is known as EAC, estimate at complete)?

       

Question 31 answers

 

 

a. $750

 

 

b. $1,000

 

 

c. $1,250

 

 

d. $1,333

       

 

Question 32 text   Question 32

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Which of the following is a scope planning tool?

       

Question 32 answers

 

 

a. Benefit/cost analysis

 

 

b. WBS

 

 

c. Earned Value analysis

 

 

d. Fast tracking

       

 

Question 33 text   Question 33

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In resource planning, one of the issues that needs to be considered is:

       

Question 33 answers

 

 

a. Staff empowerment

 

 

b. Technical requirements of the project

 

 

c. Theory X management principles

 

 

d. Theory Y management principles

       

 

Question 34 text   Question 34

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The bottom-most level of the WBS -- the level at which project budget and schedule data are captured -- is called:

       

Question 34 answers

 

 

a. Work package

 

 

b. Code of accounts

 

 

c. Budget baseline

 

 

d. Change control level

       

 

Question 35 text   Question 35

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Scope creep means:

       

Question 35 answers

 

 

a. Needs emergence and identification

 

 

b. Uncontrolled changes to a project's requirements during project execution

 

 

c. Migration of project needs to requirements

 

 

d. Imprecise scope statement

       

 

Question 36 text   Question 36

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Configuration management is a:

       

Question 36 answers

 

 

a. Methodology for working closely with customers by developing and updating requirements for faster response to changing customer needs

 

 

b. Methodology for ensuring that requirements evolve with evolving customer requirements

 

 

c. Methodology for specifying requirements at the outset and for controlling very tightly any changes to them

 

 

d. Methodology for specifying requirements at the outset and for facilitating any changes to them with minimum customer input

       

 

Question 37 text   Question 37

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Rapid prototyping is a methodology for:

       

Question 37 answers

 

 

a. Specifying requirements at the outset and for controlling very tightly any changes to them

 

 

b. Specifying requirements at the outset and for facilitating later changes to them with minimum customer in put

 

 

c. Triggering early warning of unauthorized changes to the original prototype to enable project management to take remedial actions

 

 

d. Working closely with customers by creating and updating prototypes that respond to customer input

       

 

Question 38 text   Question 38

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Ensuring a one-to-one correspondence between specification items and general design items is a feature of:

       

Question 38 answers

 

 

a. Scope statement definition

 

 

b. WBS construction

 

 

c. Rapid prototyping

 

 

d. Configuration management

       

 

Question 39 text   Question 39

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Under what conditions may a project manager accept a change request?

       

Question 39 answers

 

 

a. If the request has no effect on project objectives, deadlines, or resources

 

 

b. If the request has no effect on project objectives, although it has effects on deadlines and resources

 

 

c. If the request is coming from a valued customer

 

 

d. If the request is from the Chief Executive Officer

       

 

Question 40 text   Question 40

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Which of the following is not an activity carried out during project closeout?

       

Question 40 answers

 

 

a. Reassignment of project staff

 

 

b. Preparation of the project's baseline

 

 

c. Reassignment of material resources

 

 

d. Preparation of user manuals

       

 

Question 41 text   Question 41

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When crashing a project, we typically choose critical path tasks whose costs of crashing are highest.

       

Question 41 answers

 

True

 

False

       

 

Question 42 text   Question 42

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The astute project manager typically uses only one management style in order not to confuse his/her teammates.

       

Question 42 answers

 

True

 

False

       

 

Question 43 text   Question 43

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Concurrent engineering involves overlapping tasks and phases to accelerate a project's schedule.

       

Question 43 answers

 

True

 

False

       

 

Question 44 text   Question 44

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A work package is to be found at the summary level of the WBS.

       

Question 44 answers

 

True

 

False

       

 

Question 45 text   Question 45

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Milestones, like tasks, consume resources.

       

Question 45 answers

 

True

 

False

       

 

Question 46 text   Question 46

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In project management, the level of uncertainty plays a major role in determining the adequacy of a project plan.

       

Question 46 answers

 

True

 

False

       

 

Question 47 text   Question 47

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Using working time or elapsed time to calculate the time it will take to complete a task produces the same results.

       

Question 47 answers

 

True

 

False

       

 

Question 48 text   Question 48

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Needs recognition is the first stage of the needs-requirement life cycle.

       

Question 48 answers

 

True

 

False

       

 

Question 49 text   Question 49

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Functional requirements provide us with detailed technical specifications.

       

Question 49 answers

 

True

 

False

       

 

Question 50 text   Question 50

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A key objective of change control in configuration management is to keep track of actions taken in response to change requests.

       

Question 50 answers

 

True

 

False

       

 

Question 51 text   Question 51

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Under rapid prototyping (also called application prototyping), the customer actually sees and works with the deliverable as it evolves.

       

Question 51 answers

 

True

 

False

       

 

Question 52 text   Question 52

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There is a definite link between the level of risk an enterprise encounters and project time frame.

       

Question 52 answers

 

True

 

False

       

 

Question 53 text   Question 53

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When we have objective data on the probability of an event, we are involved with decision making under certainty.

       

Question 53 answers

 

True

 

False

       

 

Question 54 text   Question 54

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The Theory X approach to managing workers is a classic example of a top-down view of how people should be managed.

       

Question 54 answers

 

True

 

False

       

 

Question 55 text   Question 55

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A laissez-faire management style may lead to a ship without rudder syndrome.

       

Question 55 answers

 

True

 

False

       

 

Question 56 text   Question 56

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An objective of prototyping is to minimize life-cycle cost.

       

Question 56 answers

 

True

 

False

       

 

Question 57 text   Question 57

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A modern view in Human Resource Management is that positive motivation results from an opportunity to achieve and experience self-actualization.

       

Question 57 answers

 

True

 

False

       

 

Question 58 text   Question 58

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Confidence in the accuracy of a cost estimate increases when top-down and bottom-up estimates converge.

       

Question 58 answers

 

True

 

False

       

 

Question 59 text   Question 59

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Internal Rate of Return (IRR) is the discount rate that sets the present value of cash outflow equal to the present value of cash inflow.

       

Question 59 answers

 

True

 

False

       

 

Question 60 text   Question 60

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A project can be terminated prematurely because the original objectives may no longer be valid.

       

Question 60 answers

 

True

 

False

       

 

 

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