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megaproject management

PMP: Project Management Professional Study Guide 3rd Edition Kim Heldman - Solutions

You are the project manager for Changing Tides video games. You have produced a project schedule network diagram and have updated the activity list. Which process have you just finished?A. The Activity Sequencing process, which identifies all the specific activities of the project B. The Activity
You are the project manager for Design Your Web Site, Inc. Your company is designing the website for a national grocery store chain. You have your activity list in hand and several time estimates for each activity and are ready to diagram the activity dependencies. You should use which of the
You are the project manager for Design Your Web Site, Inc. Your company is designing the website for a national grocery store chain. You have your activity list in hand and are ready to diagram the activity dependencies using the PDM technique. Which of the following statements is true?A. PDM is
All of the following statements describe the activity list except which one?A. The activity list is an output of the Activity Definition process.B. The activity list includes all activities of the project.C. The activity list is an extension of and a component of the WBS.D. The activity list
You are the project manager for a scheduled version release of your company’s software tracking product. You have identified resources according to their activities. You might want to display this information in which of the following?A. AON B. PDM C. AOA D. RAM
Which of the following are constraints that you might find during the Human Resource Planning process?A. Organizational structures, collective bargaining agreements, and economic conditions B. Organizational structures, technical interfaces, and interpersonal interfaces C. Organizational
Sally is a project manager working on a project that will require a specially engineered machine.There are only three manufactures who can make the machine to the specifications Sally needs.The price of this machine is particularly critical to this project. The budget is limited and there’s not a
All of the following statements are true regarding the Human Resource Planning process except for which one?A. Human Resource Planning involves determining roles and responsibilities.B. One of the Human Resource Planning outputs includes project organization charts that show the project’s
You are the project manager for Heart of Texas casual clothing company. It’s introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. Your legal department has recommended you use a contract that reimburses the
You are the project manager for Heart of Texas casual clothing company. It’s introducing a new line of clothing called Black Sheep Ranch Wear. You will outsource the production of this clothing line to a vendor. The vendor has requested a contract SOW. All of the following statements are true
You are the project manager for an outdoor concert event scheduled for one year from today.You’re working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You’ve decided to contract with a professional services
You are the project manager for an upcoming outdoor concert event. You’re working on the procurement plan for the computer software program that will control the lighting and screen projections during the concert. You’re comparing the cost of purchasing a software product to the cost of your
All of the following are true regarding the Qualitative Risk Analysis process except which one?A. Probability and impact and expert interview are used to help correct biases that occur in the data you’ve gathered during this process.B. The probability and impact matrix is used during this process
Your team has identified the risks on the project and determined their risk score. They’re in the midst of determining what strategies to put in place should the risks occur. After some discussion, they’ve determined that the risk of losing their network administrator is a risk they’ll just
All of the following statements are true regarding the RBS except for which one?A. The RBS is contained in the risk management plan.B. It describes risk categories, which are a systematic way to identify risks and provide a foundation for understanding for everyone involved on the project.C. The
Your project team is in the process of identifying project risks on your current project. They have the option to use all of the following tools and techniques to diagram some of these potential risks except for which one?A. Ishikawa diagram B. Decision tree diagram C. Process flowchart D.
Your project team has identified several potential risks on your current project that could have a significant impact if they occurred. They examined the impact of the risks by keeping all the uncertain elements at their baseline values. What type of diagram will the team use to display this
You work for a large manufacturing plant. You are working on a new project to release an overseas product line. This is the company’s first experience in the overseas market, and it hopes to make a big splash with the introduction of this product. The stakeholders are a bit nervous about the
All of the following are elements of inputs of the Risk Identification process that you should evaluate except for which one?A. Assumptions analysis B. Historical information C. Roles and responsibilities D. Industry information
Your hardware vendor left you voicemail saying that a snowstorm in the Midwest will prevent your equipment from arriving on time. You identified a risk response strategy for this risk and have arranged for a local company to lease you the needed equipment until yours arrives. This is an example of
Your stakeholders have asked for an analysis of the cost risk. All of the following are true except for which one?A. Monte Carlo analysis is the preferred method to use to determine the cost risk B. Monte Carlo analysis is a modeling technique C. A traditional work breakdown structure can be used
You are constructing a probability and impact matrix for your project. Which of the following statements is true?A. The probability and impact matrix multiplies the risk’s probability by the cost of the impact to determine an expected value of the risk event.B. The probability and impact matrix
Your hardware vendor left you a voicemail saying that a snowstorm in the Midwest might prevent your equipment from arriving on time. She wanted to give you a heads-up and asked that you return the call. Which of the following statements is true? (Choose the best answer.)A. This is a trigger.B. This
You’ve identified a risk event on your current project that could save $500,000 in project costs if it occurs. Your organization is considering hiring a consulting firm to help establish proper project management techniques in order to assure it realizes these savings. Which of the following is
You’ve identified a risk event on your current project that could save $100,000 in project costs if it occurs. Which of the following is true based on this statement? (Choose the best answer.)A. This is a risk event that should be accepted, because the rewards outweigh the threat to the
You are the project manager for a new website for the local zoo. You need to perform Qualitative Risk Analysis. When you’ve completed this process, you’ll produce all of the following as part of the risk register update output except which one?A. Priority list of risks B. Watch list of
Which of the following processes assesses the likelihood of risk occurrences and their consequences using a numerical rating?A. Qualitative Risk Analysis B. Risk Identification C. Quantitative Risk Analysis D. Risk Response Planning
The information-gathering techniques used in the Risk Identification process include all of the following except ___________________.A. Root cause identification B. Delphi technique C. SWOT analysis D. Checklist analysis
You are using the interviewing technique of the Quantitative Risk Analysis process. You intend to use normal and lognormal distributions. All of the following statements are true regarding this question except which one?A. Interviewing techniques are used to quantify the probability and impact of
Each of the following statements is true regarding the risk management plan except for which one?A. The risk management plan is an output of the Risk Management Planning process.B. The risk management plan includes a description of the responses to risks and triggers.C. The risk management plan
The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes which of the following processes?A. Quantitative Risk Analysis B. Risk Identification C. Qualitative Risk
You are a project manager for Fountain of Youth Spring Water bottlers. Your project involves installing a new accounting system and you’re performing the risk-planning processes. You have identified several problems along with the causes of those problems. Which of the following diagrams will you
Which of the following best characterizes Six Sigma?A. Stipulates that quality must be managed in B. Focuses on process improvement and variation reduction by using a measurement-based strategy C. Asserts that quality must be a continuous way of doing business D. Focuses on improving the quality of
You work for a furniture manufacturer. You’re project is going to design and produce a new office chair. The chair will have the ability to function as a normal chair and also the ability to transform its occupant into an upright, kneeling position. The design team is trying to determine the
The theory that 85 percent of the cost of quality is a management problem is attributed to which of the following?A. Deming B. Kaizen C. Juran D. Crosby
Three people are responsible for establishing cost of quality theories. Crosby and Juran are two them, and their theories respectively are ___________________.A. Grades of quality, fitness for use B. Fitness for use, zero defects C. Zero defects, fitness for use D. Cost of quality, zero defects
All of the following are true regarding the Quality Planning process except for which one?A. DOE is a tool and technique of this process that provides statistical analysis for changing product or process elements one at a time to optimize the process.B. This is one of the key processes performed
All of the following are true regarding Communications Planning except for which one?A. It’s the only output of the Communications Planning process.B. It should be completed as early in the project phases as possible.C. It’s tightly linked with enterprise environmental factors and
You have eight key stakeholders to communicate with on your project. Which of the following is true?A. There are 36 channels of communication and this should be a consideration when using the communications technology tool and technique.B. There are 28 channels of communication and this should be a
Which of the following statements about decomposition is the least true?A. Decomposition involves structuring and organizing the WBS so that deliverables are always listed at level one.B. Decomposition requires a degree of expert judgment and also requires close analysis of the project scope
You’ve constructed the WBS for your recent project. You’ve requested that the subproject managers report back to you in three weeks with each of their individual WBSs constructed. Which statement is not true regarding the subproject managers’ WBS?A. The work package level facilitates resource
You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning processes group. You are working on the WBS. The finance manager has given you a numbering system to assign to the WBS. Which of the
You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process group. You’ve published the scope statement and scope management plan. The document that describes who will receive copies of this
You work for a large manufacturing plant. You are working on a new project to release an overseas product line. This is the company’s first experience in the overseas market, and it hopes to make a big splash with the introduction of this product. The project entails producing your product in a
Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line
Your company, Kick That Ball Sports, has appointed you project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line
You are working on a project that is similar in scope to a project performed last year by your company. You might consider which of the following?A. Using the previous project’s alternatives identification as a template B. Reusing the previous project’s cost-benefit analysis as justification
Which of the following makes up the project scope baseline?A. The project scope statement B. The scope management plan and WBS C. The WBS, project scope statement, and WBS dictionary D. The scope management plan, the WBS, and the WBS dictionary
You are a project manager for Giraffe Enterprises. You’ve recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he didn’t create a project charter or a preliminary scope statement. You are ready to elaborate the deliverables
Your company provides answering services for several major catalog retailers. The number of calls coming into the service center per month has continued to increase over the past 18 months.The phone system is approaching the maximum load limits and needs to be upgraded. You’ve been assigned to
You are a project manager for a documentary film company. In light of a recent regional tragedy, the company president wants to get a new documentary on the rescue efforts of the heroic rescue teams to air as soon as possible. She’s looking to you to make this documentary the best that’s ever
You are in the process of translating project objectives into tangible deliverables and requirements.All of the following are techniques used in the product analysis tool and technique of the Scope Definition process, except for which one?A. Value engineering and value analysis B. Product
All of the following are true regarding stakeholder analysis except for which one?A. It’s a tool and technique of the Scope Definition process.B. It determines communication needs and methods for updating stakeholders.C. It documents the needs, wants, and expectations of the stakeholders D. It
You are a project manager working on a new software product your company plans to market to businesses. The project sponsor told you that the project must be completed by September 1.The company plans to demo the new software product at a trade show in late September and therefore needs the project
Objectives can be described as all of the following except for which one? Choose the least correct answer.A. The purpose for undertaking the project B. The functionality and specific conditions that must be met in order to satisfy the project, contract, standard, or specification C. The monetary
You work for a large manufacturing plant. You’re working on a new project for an overseas product release. This is the company’s first experience in the overseas market, and it hopes to make a big splash with the introduction of this product. The project entails producing your product in a
You are a project manager for Giraffe Enterprises. You’ve recently taken over for a project manager who lied about his PMI certification and was subsequently fired. Unfortunately, he did a poor job of scope definition. Which of the following could happen if you don’t correct this?A. The
Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement. Which of the following is not contained in the project scope statement?A. Constraints B. Project specifications C. Requested
Which of the following statements is true regarding brainstorming and lateral thinking?A. They are forms of expert judgment that’s used to help define and develop the project scope statement.B. They are used to elaborate the product scope description, which is an element of the output of the
Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published a document that establishes the detailed project deliverables. Which of the following is true?A. This is the project scope statement, which is an output of
You are a project manager for an agricultural supply company. You have just completed and obtained sign-off on the project scope statement for your new Natural Bug Busters project. A key stakeholder has informed you that a deliverable is missing from the project scope statement.This deliverable is
Which of the following is true regarding the project scope statement?A. The project scope statement includes a change control system that describes how to make changes to the project scope.B. The project scope further elaborates the Initiating processes and serves as a basis for future project
Some of the functions of this process include describing the methods for executing the work of the project to fulfill the project objectives, documenting dependencies and interactions among the processes, determining the validity of and maintaining the performance baselines, and determining key
You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the scope statement and scope management plan for this project. In your interviews with some key team
You are a project manager for Laredo Pioneer’s Traveling Rodeo Show. You’re heading up a project to promote a new line of souvenirs to be sold at the shows. You’re ready to document the processes you’ll use to perform the project as well as define how the project will be executed,
You are a project manager for Laredo Pioneer’s Traveling Rodeo Show. You’re heading up a project to promote a new line of souvenirs to be sold at the shows. You are getting ready to write the project management plan and know that all of the following are true regarding the PMIS, except for
Which of the following is true regarding the project charter?A. The project charter should be published under the name of a manager external to the project.B. The project charter should be published under the project sponsor’s name.C. The project charter should be published under the name of the
You are a project manager for Zippy Tees. Your selection committee has just chosen a project you recommended for implementation. Your project is to manufacture a line of miniature stuffed bears that will be attached to your company’s trendy T-shirts. The bears will be wearing the same T-shirt
Which of the following is true?A. Discounted cash flow analysis is the least precise of the cash flow techniques, because it does not consider the time value of money.B. NPV is the least precise of the cash flow analysis techniques, because it assumes reinvestment at the discount rate.C. Payback
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?A. Either Project A or Project B,
Your project selection committee used a weighted scoring model and found that Project B, with a score of 54, should be chosen over the other competing projects. Which of the following is true?A. Weighted scoring models are benefit measurement methods, which are used as a tool and technique during
Which of the following is true regarding IRR?A. IRR assumes reinvestment at the cost of capital.B. IRR is the discount rate when NPV is greater than zero.C. IRR is a constrained optimization method.D. IRR is the discount rate when NPV is equal to zero.
You are the project manager for Insomniacs International. Since you don’t sleep much, you get a lot of project work done. You’re considering recommending a project that costs $575,000;expected inflows are $25,000 per quarter for the first two years and then $75,000 per quarter thereafter. What
Which of the following is true regarding NPV?A. NPV assumes reinvestment at the cost of capital.B. NPV decisions should be made based on the highest value for all of the selections.C. NPV assumes reinvestment at the prevailing rate.D. NPV assumes reinvestment at the NPV rate.
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states.Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information:Project Kansas City: The payback period is 27 months, and the IRR is 35 percent.Project
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states.Smooth Jazz is considering opening a new club in Arizona or Nevada. You have derived the following information:Project Arizona: Payback period is 18 months, and the NPV is .Project Nevada: Payback period
Comparative methods, scoring methods, and economic and cash flow analysis are all part of which of the following?A. Benefit measurement methods, which are a component of a tool and technique in the Develop Project Charter process B. Constrained optimization methods, which are a component of a tool
Which of the following is true regarding product scope descriptions?A. The product scope description is a component of the output of the Develop Project Charter process. It describes the characteristics of the product or service and contains a good deal of detail in the later phases of the
Your nonprofit organization is preparing to host its first annual 5K run/walk in City Park. You worked on a similar project for the organization two years ago when it cohosted the 10K run through Overland Pass. Which of the organizational process assets might be helpful to you on your new
According to A Guide to the PMBOK, the project statement of work should contain or reference all of the following elements except for which one?A. Strategic plan, product scope description, stakeholder influences, and business need B. Business need, strategic plan, product scope description C.
Which of the following lists the inputs and the tools and techniques that the two processes within the Initiating process group share?A. Project SOW, enterprise environment factors, organizational process assets, project selection methods, expert judgment B. Enterprise environment factors,
You work for a large manufacturing plant. Your firm is thinking of initiating a new project to release an overseas product line. This is the company’s first experience in the overseas market, and it hopes to make a big splash with the introduction of this product. The project entails producing
What are the inputs to the Develop Project Charter process?A. Contract, project SOW, enterprise environmental factors, organizational process assets B. Project SOW, project selection methods, organizational process assets C. Contract, project selection methods, enterprise environmental factors,
You’ve been hired as a manager for the Adjustments Department of a nationwide bank based in your city. The Adjustments Department is responsible for making corrections to customer accounts. This is a large department, with several smaller sections that deal with specific accounts; for example,
During which project management process are risk and stakeholder’s ability to influence project outcomes the highest at the beginning of the process?A. Planning B. Executing C. Initiating D. Monitoring and Controlling
You have been assigned to a project in which the objectives are to expand three miles of the northsouth highway through your city by two lanes in each direction. You are interested in implementing a new project process called Design-Build in order to speed up the project schedule. The idea is that
You have been assigned to a project in which the objectives are to expand three miles of the north-south highway through your city by two lanes in each direction. You are in charge of the demolition phase of this project, and you report to the project manager in charge of this project.You have been
You have been assigned to a project in which the objectives are to direct customer calls to an interactive voice response system before being connected to a live agent. You are in charge of the media communications for this project. You report to the project manager in charge of this project and
What is one of the advantages of a functional organization?A. All employees report to one manager and have a clear chain of command.B. All employees report to two or more managers, but project team members show loyalty to functional managers.C. The organization is focused on projects and project
The amount of authority a project manager possesses can be related to ___________________.A. The project manager’s communication skills B. The organizational structure C. The amount of authority the manager of the project manager possesses D. Key stakeholder’s influence on the project
You are managing a project to install a new postage software system that will automatically print labels and administer postage for certified mailings, overnight packages, and other special mailing needs. You’ve attempted to gain the cooperation of the business analyst working on this project and
You’ve decided to try your hand at project management in the entertainment industry. You’re working on a movie production and the team has just completed the storyboard phase of the project. Which of the following is true?A. The storyboard is a deliverable that marks the end of the phase. The
You are the project manager for a large construction project. The project objective is to construct a set of outbuildings to house the Olympic support team that will be arriving in your city 18 months from the project start date. Resources are not readily available as they are currently assigned to
You are the project manager for Fun Days vacation packages. Your new project assignment is to head up the Fun Days resort opening in Austin, Texas. You are estimating the duration of the project plan activities, devising the project schedule, and monitoring and controlling deviations from the
The Project Integration Management knowledge area is made up of which of the following processes?A. Initiation, Project Plan Development, and Integrated Change Control B. Project Plan Development, Project Plan Execution, and Integrated Change Control C. Project Plan Development, Initiation, and
Which of the following brings together a set of tools and techniques used to describe, organize, and monitor the work of project activities?A. Project managers B. A Guide to the PMBOK C. Project management D. Stakeholders
The VP of customer service has expressed concern over a project you’re involved in. His specific concern is that if the project is implemented as planned, he’ll have to purchase additional equipment to staff his customer service center. The cost is substantial and was not taken into
A project is considered successful when ___________________.A. The product of the project has been manufactured.B. The project sponsor announces the completion of the project.C. The product of the project is turned over to the operations area to handle the ongoing aspects of the project.D. The
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. In order to determine the
Your company manufactures small kitchen appliances. They are introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. Which of the following is

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