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Which of the following processes is described in the statement below?
"It is the process of identifying and documenting relationships among the project activities."
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.
Mark works as a project manager for the SLQ Project. He is working with the project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique will Mark use to achieve the above task?
You work as a project manager for PassGuide Inc. You have to evaluate the performance efficiencies of a project. The table given below has the following related values:
Which of the following will be the cost variance (CV) of the project at the current point of time?
Which of the following documents refers specifically to the input output mechanism that serves the purpose of providing a narrative description of the sum of the scope of the project?
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?
Which of the following techniques is defined in the statement given below?
"It is a technique where a project team is placed in a single location where they can work in a face-to-face environment to enhance their ability to perform as a team."
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 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?
Which of the following is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks?
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?
You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?
You work as a Project Manager for PassGuide Inc. You are developing the schedule for your project. Your project deals with the construction of a new building for PassGuide Inc. You want to break the project into small, individual, and manageable components. Which of the following tasks will you perform in the above scenario?
You are the project manager of the NHT Project. This project has 12,345 office doors to install throughout a campus. Each of the doors costs the project $456 and requires special hardware to electronically lock and open the doors. You've gathered the project team before they begin the installation for a hands-on training. As a group you and the project team install 50 doors following a checklist of instructions so that every door will be installed exactly the same throughout the campus and with minimal waste. This is an example of what project execution technique?
Fill in the blank with the appropriate word.
______refers to conveying a message from an individual person to another or to several people, whether verbally or non-verbally
Mark works as a project manager for PassGuide Inc. His project is in an emergency situation. For this reason, he has hired a trader who is about to join immediately. Which of the following types of contract is needed in such a situation?
You are the project manager of the HJU project for your company. This project will last for 18 months and has a project budget of $567,000. Robert, one of your stakeholders, has introduced a scope change request that will likely have an impact on the project costs and schedule. Robert assures you that he will pay for the extra time and costs associated with the risk event. You tell Robert that the change request may affect more areas of the project than just time and cost and that you are worried about the additional risks the change request will bring. What project management component is responsible for evaluating a change request and its impact on all of the project management knowledge areas?
You are the project manager of the NHQ Project and are trying to determine which seller you should choose for the project. You have received proposals from six vendors and they are all very good proposal, qualified to complete the project work, and the prices are close to the same. You would like to create method of ranking each vendor based and assign a score value to several
different categories. Because the project is a high-profile project, you have assigned 25 points to experience and 10 points for all of the other categories to judge the vendors. This is considered what type of source selection process?
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?
Which of the following theories describes the statement below?
"It states that there are certain factors in the workplace that cause job satisfaction, while a separate set of factors cause dissatisfaction."
Mark works as a project manager for PassGuide Inc. He has to identify the internal and external stakeholders who will interact and influence the overall outcome of the project. Which of the following process groups will help him to accomplish the task?
Which of the following elements facilitates people to know large amounts of information as a picture rather than a table of names and numbers?
You work as a project manager for PassGuide Inc. You have to address the following information on the business case justifying the project, including return on investment. Which of the following documents will you use to address the above information?
You work as a project manager for PassGuide Inc. You are working on directing and managing the execution of your project. Which of the following is the most likely outcome as part of this phase of the project?
You work as a project manager for PassGuide Inc. You are working on several projects. Your projects vary in size and budget. You have to calculate the ratios of schedule and cost compared to plan, so that you can compare relative schedule and cost performance of each project. Which of the following components of EVM provide measures of schedule and cost performance that are not affected by the size of the project?
What forecasting method would your project use if your project customer requires an autoregressive moving average for performance forecasting?
Tom is the project manager for his organization and he's creating a project network diagram for this project. He has created his project network diagramming with the consideration of the availability of project resources. What network diagramming approach has Tom used in this example?
You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?
Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit. If your organization seizes this opportunity it would be an example of what risk response?
Wanda is the project manager for her organization and is creating a checklist for her project team.
In this project the team will be installing electrical fixtures throughout an office building and she wants to confirm that the installations will be done correctly each time. Her goal is that the project deliverables will be of quality throughout the project installation process. In what project process will Wanda's team use the checklist?
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 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?
Which of the following techniques is described in the statement below?
"It evaluates the abstract early start and finish dates and late start and finish dates for all activities devoid of any resource limitations by performing a forward and backward pass analysis through the schedule network."
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?
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?
You are the project manager for your organization. Your project is doing fine on time and cost, but management wants to address the project performance for future accomplishment. Management has asked you to begin reporting and forecasting your project's health based on a moving average, extrapolation, trend estimation, and growth curve. What type of forecasting method is management asking you to use?
Which of the following are outputs of the Perform Integrated Change control process?
Each correct answer represents a complete solution. Choose all that apply.
Alice is the project manager of the NHQ Project and is entering the project's closing processes. The project, she has managed, has been for another organization in a contractual relationship. Her organization requires Alice to complete performance reviews of the project team, review the deliverables with the project customer, and to obtain formal signoff of the project deliverables.
There may be other conditions and activities that Alice likely will need to do in this final project phase. Where can Alice check regarding this project?
In which of the following processes are the results of executing the quality activities recorded and monitored in order to assess performance and recommend necessary changes?
Virginia is the project manager for her organization. She has hired a subject matter expert to interview the project stakeholders on certain identified risks within the project. The subject matter expert will assess the risk event with what specific goal in mind?
You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?
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 are the project manager of the GHY Project for your functional organization. Another project manager that uses some of your project resources has asked that you allow the resources you both share to always be available for her project on every Thursday. The only conflict you have with this request that on Thursday mornings you have a regularly scheduled status meeting. You agree to the request and decide to move the status meeting to Tuesday morning going forward in your project.
What project plan must you update to reflect this change?
Which of the following is a measure of progress achieved compared to progress planned on a project?
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 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."
Marsha is the project manager of the NHQ Project. There's a risk that her project team has identified, which could cause the project to be late by more than a month. Marsha does not want this risk event to happen so she devises extra project activities to ensure that the risk event will not happen. The extra steps, however, will cost the project an additional $10,000. What type of risk response is this approach?
Which of the following documents refers specifically to the input output mechanism that serves the purpose of providing a narrative description of the sum of the scope of the project?
You work as a project manager for PassGuide Inc. Which of the following techniques will you use to determine whether it would be more cost effective to produce a product or service in-house or from an outside vendor?
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?