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The amount of time that an activity can be delayed from its early start without delaying the project end date is called:
You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years, the expected worth of the equipment is $2,000. Using the straight-line deprecation, what is the amount that can be written off each year?
Tools and techniques used during the Plan Quality process include ___________.
Which of the following is considered during the Procurement Planning Process?
Project Risk Management includes all of the following processes except ______________.
Which of the following techniques accounts for path convergence and generally estimates project durations more accurately?
A tool which links the project roles and responsibilities to the project Define Scope is called ____________.
What percentage of sales is estimated to be the cost of non-quality?
A)0 3-5%
B. 12-20%
C. 30-40%
D. 6"8%
Which of the following Project Scope Management Process defines how scope will be verified?
Which of the following can be used to determine what work is included in each work package for each of your team members?
You are a project manager for your organization. Management has asked you to help them determine which projects should be selected for implementation. In a project selection model, which one of the following is the most important factor?
Which of the following statements concerning acceptance sampling is false?
All of the following are outputs from Report Performance EXCEPT _________.
Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely 6 days, what is the PERT weighted average?
Which process involves coordinating people and other resources to carry out plan?
An approved change request is an input to which of the following processes?
The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
Dummy relationships or dummy activities can be used in which Sequence Activities technique ?
Cost of Quality is a project management concept that includes cost of _________.
The BEST way to organize project activities for scheduling is by ________.
_____________ involve coordinating people and other resources to carry out the plan.
Complete final contract performance reporting and verify product is done in _______.
The most effective method in developing a project team within a matrix organization is to follow the ________.
A structured tool, usually industry or activity specific, used to verify that a set of required steps has been performed is called __________.
Which of the following approaches to quality improvement is LEAST likely to produce positive results?
Which of the following statements concerning bottom up estimating is true?
Based on the PMBOK, who is ultimately responsible for the project quality?
You are assigned to a project that has already been decided to be outsourced. As a project manager, you need to organize a formal bid process and select the vendor for this project. Your senior management is forcing you to select a vendor which has good relation with your senior management. What is the BEST course of action for you?
You are project manager of a project. A scope change requested by a client after acceptance of the design has a potential impact on several components of the project. What do you do?
How much time does a typical project manager spend communicating both formally and informally?
A relatively small number of causes typically produce a majority of the problems and defects is a concept of ___________.
A document or tool which describes when and how human resources will be brought onto and taken off the project team is called _______.
A histogram ordered by frequency of occurrence that shows how many results were generated by each identified cause is __________.
Which of the following contract types places the greatest risk on the seller?
During the execution of a software project, the vendor proposes an upgrade of a part of project without a change in the schedule or cost. After the change is approved, where would this change BEST be documented?
In a large, complex project, the authority to accept or reject a requested change should rest with the ________.
Which process involves coordinating people and other resources to carry out plan?
___________ is a groups of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.
A is the correct answer. Trend analysis is a tool and technique used in Monitor and Control Risks.
The quality team for the project consists of several groups. Which of the following project participants plays the most important role in the quality function?
Collect Requirements includes alternatives identification, which can be conducted by the common technique of
Which of the following is NOT considered a cost of non-conformance to quality?
The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?
You are project manager and now in middle of creating RFP (Request for proposal). RFP (Request for proposal) is done in _______.
Which type of network diagram is also referred to Activity-on-Node (AON) diagrams?
You are the project manager of a project .You have just completed the Collect Requirements and Define Scope. What should you do next?
Who is responsibility for making sure that a message in the project team is understood
Function of the __________ is to make sure that changes to anything in the project are recorded and agreed to by the stakeholders.
Which of the following activity is not performed as part of the direct and manage project execution process?
Your company create software products, and introducing a new product. To determine the characteristics and features of the new product line, you will have to perform ________.
You are the project manager of a project and budgeted money to provide cash awards to team members that exceed expectations. A project team member that is motivated by the chance to earn cash reward can most accurately be explained by which theory
Which monitoring or controlling activities would not result in preventive action being applied?
You are project manager of a project. During the process of selecting the sellers, you reject one vendor because it doesn't have the manufacturing capability. This is an example of which selection tool?
You are the project manager of a project and the project is a month into the executing phase. There are some cliques forming among the team members. Which leadership style you follow for best outcome?
_________ is the international organization that controls the standards for quality.
_________ is always the lowest risk for the buyer if the scope of work is not well defined.
At what point in a project do you have the highest probability that it will fail?
How many communication channels exist in a team of 10 members?
A) 45
B) 10
C) 30
D 20
What is the communication channel delta if the members in the communication plan are increased from 5 to 10?
Who has the responsibility for informing the final deliverable to all stakeholders?
The process of evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards is called __________.
The principle states that "Employees who believe that their efforts will lead to effective performance and who anticipate important rewards for their accomplishments become productive stay productive." This principle illustrates which of the following theory?
The responsibility assignment matrix is a project management tool used to ________.
Comparing actual to baseline schedules, examining the statement of work, understanding cost overruns, and assessing risk; all occur during a:
In the arrow diagramming method, which of the following requires an expenditure of the resources?
You are project manager of a project. A customer requests a scope change in the project . In order to determine the impact of the requested change, you will need a work breakdown structure, change request, scope management plan, and:
Which of the following methods is a technique used to predict project duration by analyzing which sequence of activities has the least amount of scheduling flexibility?
The MOST important selection criterion to select a project manager for a large project in a technical industry is:
As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?
A forward and backward pass indicted total float is equal to - 30 days. This indicates that:
You are the project manager and cost or schedule for a project is often dictated by management. In this situation, you should take all of the following steps EXCEPT:
If the level of conformance directly increases as a result of new processes, the required cost of monitoring is likely to:
You are the project manager and at the completion of the project, you MUST:
During project integration activities, a project sponsor's role can best be described as doing which one of the following?
Which of the following statements are FALSE about cost reimbursable contracts?
You are a project manager for Food Plaza, which is a retail food delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You have been invited for a dinner with the prospective foreign business partners and their spouses upon your arrival. You know that all of the following statements are generally true except:
If BCWP =400, ACWP = 410, and BCWS = 350, what is the cost performance index?
Which of the following statements regarding configuration management system is least true?
You are in process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following should be addressed when listing the roles and responsibilities EXCEP:
Complete final contract performance reporting and verify product is done in _______.
80% of the problems are found in 20% of the work is a concept of _________.
If a project has an 80% chance of having the scope defined by a certain date and a 70% chance of obtaining approval for the scope by a certain date, what is the probability of both events occurring?
The ability of a product to be used for different purposes at different capacities and under different conditions determines its ____________.
A cost-plus-percentage-cost (CPPC) contract has an estimated cost of $120,000 with an agreed profit of 10% of the costs. The actual cost of the project is $130,000. What is the total reimbursement to the seller?
Formal acceptance by the client or sponsor of the project should be prepared and distributed during which process?
A leadership style in which the project manager shares problems with team members and formulates solutions as a group is called ____________.
Which of the following processes involves obtaining information (bids and proposals) from prospective sellers?
The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order: _____________.
A cost-plus-incentive-fee (CPIF) contract has an estimated cost of $150,000 with a predetermined fee of $15,000 and a share ratio of 80/20. The actual cost of the project is $130,000. How much profit does the seller make?
The practice of ceasing mass inspections and ending awards based on price is credited to _____________.
Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?
Completion of a product scope is measured against which of the following:
A unilateral contract under which the seller is paid a preset amount per unit of service is called _________.
You are the controller on your project. Your project manager has requested that you provide him with a forecast of project costs for the next 12 months. He needs this information to determine if the budget should be increased or decreased on this major construction project. In addition to the usual information sources, which of the following should you also consider?
The concept of making a giant leap forward followed by a period of maturity is called _________.
The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is _________.
The overall intentions and direction of an organization with regard to quality as formally expressed by top management is a __________.
You are managing a project that will implement a new MARKETING software package. You have assigned the resources and want to keep the IT manager in the loop by informing him or her of your decisions. Which type of organizational structure are you working in?
Which of the following plans is not done during the writing of a project plan?
Who applies project selection methods to decide whether to accept or reject a project?
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of ____________.
You are the project manager of a project. Your project just went into integration mode. This means that your project __________.
Which time estimating tools estimate the basis for activity durations can be quantitatively determined by multiplying the quantity of work to be performed by the productivity rate?
___________ is a group of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.
If you are project manager for a Project and will need as many inputs to the initiation phase as possible. Of the following, which is the best source of information for your project?
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of:
The Sales VP approaches you to change the visitor logon screen on the company's website to include a user name with at least eight characters. This is considered
The process to change a contract clause is _______ the project change control system.
You have been assigned to take over a project that is 60 percent complete according to the schedule. After evaluation, you find that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take?
In project planning, which one of the following is the LEAST applicable to the resource assignment matrix?
You are project manager of a project and the funding for your project has been reduced. What is the BEST action to take in response to this?
Which of the following tools and techniques are commonly used in a Define Scope Process?
Lessons learned are most often based upon project historical records. Lessons learned can be used to:
What is the difference between a Verify Scope process and quality control?
Which of the following is not used to document team member roles and responsibilities ?
A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style:
Knowledge of best practices in a particular area is most likely to give rise to which of the following dependencies:
Project risk is defined as the cumulative effect of chances of ________ which will adversely affect project objectives.
When the project team directs staff assignments, which of the following is not considered in the selection of a staff?
Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely 6 days. What is the standard deviation for the estimates?
A Project with a total funding of $70,000 was finished with a BAC value of $60,000. What term can best describe the difference of $10,000?
What is not among the tools and techniques of an Organizational Planning?
Identification of Mandatory Dependencies is done during which of the following process:
Parametric Estimating is done as a part of which of the following process:
What are you likely to see as a project progresses in a schedule with must fix dates and little or no slack?
A Precedence Diagramming Method (PDM) uses which of the following dependencies
What involves determining what quantities are to be used to perform project activities.
Which describes how cost variances will be managed?
Cost management plan
Cost baseline
Cost estimate
Chart of accounts
With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
You are the project manager of a large construction project. The project objective is to construct a set of buildings in the city within 18 months from the project start date. Resources are not readily available because they are currently assigned to other projects. Nick, an expert crane operator, is needed for this project two months from today. Which of the following skills will you use to get Nick assigned to your project?
A response to a risk event that was not defined in advance of is occurrence is called a:
Your project is moving ahead of schedule. Management elects to incorporate additional quality testing into the project to improve the quality and acceptability of the project deliverable. This is an example of which one of the following?
You are the project manager and have just completed the Collect Requirements and Define Scope process. What should you do next?
Which of the following scheduling techniques incorporates a form of risk assessment?
Which of the following brings together a set of tools and techniques used to describe, organize, and monitor the work of project activities?
Which of the following is output of Direct and Manage Project Execution ?
You are a project manager for a small local bank. The bank wants you to design and develop a custom online bill pay software so that its customers can pay their bills online. You are ready to begin the Activity Resource Estimation process for your project. Which of the following would you not consider when developing the activity resource requirements document?
As a CAPM, you are required to comply with the CAPM Code of Professional Conduct. Part of your responsibility concerns applying professional knowledge. All of the following are part of applying professional knowledge except for which one?
You are project manager and the monthly report to the client showed zero schedule variance. However, member of the team know that a milestone has been missed which will cause an overall delay to the project. Which one of the following is being inadequately reported?