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megaproject management
Project Management JumpStart 2nd Edition P.M.P. Kim Heldman - Solutions
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
Which of the following is true?A. 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
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 the following are true regarding the PMIS, except for one.
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
Mathematical models using linear, dynamic, integer, or algorithm models are considered A. Project selection criteria B. A form of expert judgment C. Project selection methods D. A form of historical information
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 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: The payback period is 18 months, and the NPV is .Project Nevada: The
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, service, or result 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 the PMBOK Guide, the project statement of work should contain or reference all 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. Project
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, and 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 wants 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, and organizational process assets B. Project SOW, project selection methods, and organizational process assets C. Contract, project selection methods, enterprise environmental
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, such as
When a project is being performed under contract, the SOW is provided by which of the following?A. The buyer B. The project sponsor C. The project manager D. The contractor
You are a project manager working on gathering requirements and establishing estimates for the project. Which process group are you in?A. Planning B. Executing C. Initiating D. Monitoring and Controlling
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 north-to-south 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
What are the five project management process groups, in order?A. Initiating, Executing, Planning, Monitoring and Controlling, and Closing B. Initiating, Monitoring and Controlling, Planning, Executing, and Closing C. Initiating, Planning, Monitoring and Controlling, Executing, and Closing D.
You have been assigned to a project in which the objectives are to expand three miles of the north-to-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
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. the 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,
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 because they are currently
You are the project manager for Fun Days Vacation Resorts. 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 consists of some of the following processes. Which of these belong to Project Integration Management?A. Scope Definition, Close Project, and Integrated Change Control B. Develop Project Management Plan, Direct and Manage Project Execution, 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. The PMBOK Guide C. Project management D. Stakeholders
The VP of customer service has expressed concern over a project in which you’re involved. 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 project meets or exceeds
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. To determine 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. Which of the following is
The VP of marketing approaches you and requests that you change the visitor logon screen on the company’s website to include a username with at least six characters. This is considered A. project initiation B. ongoing operations C. a project D. project execution
Name the ethical code you’ll be required to adhere to as a PMP.A. Project Management Policy and Ethics Guide B. Project Management Professional Standards and Ethics C. Project Management Code of Professional Ethics D. Project Management Professional Code of Professional Conduct
As a PMP, one of your responsibilities is to ensure integrity on the project. When your personal interests are put above the interests of the project or when you use your influence to cause others to make decisions in your favor without regard for the project outcome, this is considered which of
You have just prepared an RFP for release. Your project involves a substantial amount of contract work detailed in the RFP. Your favorite vendor drops by and offers to give you and your spouse the use of their company condo for your upcoming vacation. It’s located in a beautiful resort community
Your project involves the research and development of a new food additive. You’re ready to release the product to your customer when you discover that a minor reaction might occur in people with certain conditions. The reactions to date have been very minor, and no known long-lasting side effects
You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them with training on cultural differences and the customs of this country before arriving, but they still seem
Inspections are also called each of the following except for which one?A. Reviews B. Assessment C. Walk-throughs D. Audits
You are the project manager for a construction company that is building a new city and county office building in your city. Your CCB recently approved a scope change. You know that scope change might come about as a result of all of the following except which one?A. Schedule revisions B. Product
All of the following statements are true of the project Closing processes except for which one?A. Probability for success is greatest in the project Closing processes.B. The project manager’s influence is greatest in the project Closing processes.C. The stakeholders’ influence is least in the
Which of the following statements is true regarding Close Project?A. Close Project occurs at the end of a project phase and at the end of the project.B. Close Project occurs at the end of the project phase only.C. Close Project occurs at the end of the project only.D. Close Project is performed
You are the project manager for a construction company that is building a new city and county office building in your city. You recently looked over the construction site to determine whether the work to date was conforming to the requirements and quality standards. Which tool and technique of the
The primary function of the Closing processes is to perform which of the following?A. Formalize lessons learned and distribute this information to project participants.B. Perform audits to verify the project results against the project requirements.C. Formalize project completion and disseminate
Every status meeting should have time allotted for Risk Monitoring and Control. Which of the following sentences is not true?A. Risk identification and monitoring should occur throughout the life of the project.B. Risk audits should occur throughout the life of the project and are specifically
All of the following are outputs of the Integrated Change Control process except for which one?A. Approved corrective actions B. Validated defect repair C. Requested changes D. Project scope statement updates
Which performance measurement tells you what the projected total cost of the project will be at completion?A. ETC B. CPI C. SPI D. EAC
All of the following statements are true regarding configuration management except which one?A. Configuration management requires acceptance decisions for all change requests to be made through the CCB.B. Change control systems are a subset of the configuration management system.C. Configuration
Which performance measurement tells you how much more of the budget is required to finish the project?A. ETC B. EV C. AC D. EAC
As a result of a face-to-face meeting you recently had to discuss the items in your issues log, you have resolved issues and come away with an approved corrective action and an update to the project management plan. Which process does this describe?A. Manage Stakeholders B. Performance Reporting C.
The inputs of the Performance Reporting process include all of the following except for which one?A. Work performance information B. Performance measurements C. Forecasted completion D. Performance reviews
There are likely to be team loyalty issues in a matrixed environment. All of the following are true regarding this situation as it pertains to the Manage Project Team process except for which one?A. Two of the tools and techniques you might use to manage these relationships effectively are
You need to convey some very complex, detailed information to the project stakeholders.What is the best method for communicating this kind of information?A. Verbal B. Vertical C. Horizontal D. Written
You are the project manager for Heartthrobs by the Numbers Dating Services. You’re working on an updated Internet site that will display pictures as well as short bios of prospective heartbreakers.You’ve just completed your project staff assignments and published the project team directory.
During your project meeting, a problem was discussed, and a resolution to the problem was reached. During the meeting, the participants started wondering why they thought the problem was such a big issue. Sometime after the meeting, you received an email from one of the meeting participants saying
You are a project manager who has recently held a project team kickoff meeting where all the team members were formally introduced to each other. Some of the team members know each other from other projects and have been working with you for the past three weeks during the Planning processes. Which
You are the project manger for Xylophone Phonics. It produces children’s software programs that teach basic reading and math skills. You’re performing cost estimates for your project and don’t have a lot of details yet. Which of the following techniques should you use?A. Analogous estimating
You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have determined the cost baseline. Which of the following statements is true?A. You have completed the Cost
You are the project manager for Heartthrobs by the Numbers Dating Services. You’re working on an updated Internet site that will display pictures as well as short bios of prospective heartbreakers.You have your activity list and resource requirements in hand and are planning to use parametric
Which of the following compression techniques increases risk?A. Crashing B. Resource leveling C. Fast tracking D. Lead and lag
You are the project manger for Xylophone Phonics. This company produces children’s software programs that teach basic reading and math skills. You are ready to assign project roles, responsibilities, and reporting relationships. Which project Planning process are you working on?A. Resource
All of the following statements are true regarding the ADM method except which one?A. The ADM method is a tool and technique of Activity Sequencing.B. The ADM method uses one time estimate to determine durations.C. The ADA method is also called AOA.D. The ADA method is rarely used today.
Which of the following contracts should you use for projects that have a degree of uncertainty and require a large investment early in the project life cycle?A. Fixed price B. Cost reimbursable C. Lump sum D. T&M
All of the following statements are true regarding risks except for which one? Choose the least correct answer.A. Risks might be threats to the objectives of the project.B. Risks are certain events that may be threats or opportunities to the objectives of the project.C. Risks might be opportunities
Monte Carlo analysis can help predict the impact of risks on project deliverables. This is an element of one of the tools and techniques of which of the following processes?A. Risk Response Planning B. Quantitative Risk Analysis C. Risk Identification D. Qualitative Risk Analysis
Your team is developing the risk management plan. Which tool and technique of this process is used to develop risk cost elements and schedule activities that will be included in the project budget and schedule?A. Planning meetings and analysis B. Strategies for both threats and opportunities C.
You are a project manager working on a software development project. You’ve developed the risk management plan, identified risks, and determined risk responses for the risks. One of the risks you identified occurs, and you implement the response for that risk. Then, another risk occurs as a
All of the following statements are true regarding risk events except which one? Choose the least correct answer.A. Project risks are uncertain events.B. If risks occur, they can have a positive or negative effect on project objectives.C. Unknown risks are threats to the project objectives, and
All of the following statements are true regarding Ishikawa diagrams in the Risk Identification process except which one?A. Ishikawa diagrams are also called cause-and-effect diagrams.B. Ishikawa diagrams are also called fishbone diagrams.C. Ishikawa diagrams are a tool and technique of this
Failure costs are also known as which of the following?A. Internal costs B. Cost of poor quality C. Cost of keeping defects out of the hands of customers D. Prevention costs
You are the project manger for Xylophone Phonics. It produces children’s software programs that teach basic reading and math skills. You are performing the Quality Planning process and are identifying nonproductive activities. Part of this involves capturing information such as process
You’ve just completed the WBS. Which of the following statements is true?A. The WBS breaks the project deliverables down to a level where alternatives identification can be used to determine how level-two assignments should be made.B. The WBS breaks the project deliverables down to a level where
Which of the following statements is true regarding constraints and assumptions?A. Constraints restrict the actions of the project team, and assumptions are considered true for planning purposes.B. Constraints are considered true for planning purposes, and assumptions limit the options of the
Each of the following statements describes an element of the Develop Project Management Plan process except for which one?A. Project management methodology B. Project specifications C. Configuration management system D. Expert judgment
You are the project manager for Lucky Stars Candies. You’ve identified the deliverables and requirements and documented them where?A. In the project scope statement, which will be used as an input to the Create WBS process B. In the project scope management document, which is used as an input to
You’ve been assigned as a project manager on a research and development project for a new dental procedure. You’re working in the Scope Planning process. What is the purpose of the project scope management plan?A. The project scope management plan describes and documents a scope baseline to
You are a project manager for the Swirling Seas Cruises food division. You’re considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish’n for Chips will be $800,000, with expected cash inflows of $300,000 per quarter. Project Picnic’s
Which of the following are tools and techniques of the Preliminary Scope Statement process?A. Project management methodology, project management information system, and expert judgment B. Project selection methods and expert judgment C. Constraints, assumptions, and expert judgment D. Project
What is the purpose of the project charter?A. To recognize and acknowledge the project sponsor B. To recognize and acknowledge the existence of the project and commit organizational resources to the project C. To acknowledge the existence of the project team, project manager, and project sponsor D.
You are a project manager for Waterways Houseboats, Inc. You’ve been asked to perform a cost-benefit analysis for two proposed projects. Project A costs $2.4 million, with potential benefits of $12 million and future operating costs of $3 million. Project B costs $2.8 million, with potential
The business needs, strategic plan, and product scope description all describe elements of which of the following?A. Organizational process assets B. Tools and techniques of the Initiating processes C. The project statement of work D. The project charter
You are refining the product description for your company’s new line of ski boots. Which of the following statements is true?A. You are in the Initiating processes of your project and know that the product description will contain more detail in this stage and that a decreasing amount of detail
According to the PMBOK Guide, the project manager is identified and assigned during which process?A. Prior to beginning the Develop Project Charter process B. At the conclusion of the Develop Project Charter process C. Prior to beginning the Planning processes D. Prior to beginning the Preliminary
You have been assigned to a project that will allow job seekers to fill out applications and submit them via the company website. You report to the VP of human resources. You are also responsible for screening applications for the information technology division and setting up interviews. The
The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting that the project you’re managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It’s too late to go back and
The Project Management Knowledge Areas ___________________.A. include Initiation, Planning, Executing, Monitoring and Controlling, and Closing B. consist of nine areas that bring together processes that have things in common C. consist of five processes that bring together phases of projects that
Project managers have the highest level of authority and the most power in which type of organizational structure?A. Projectized B. Strong matrix C. Functional D. Balanced matrix
What is one of the most important skills a project manager can have?A. Negotiation skills B. Influencing skills C. Communication skills D. Problem-solving skills
What is the most important Controlling technique you can use when monitoring the performance of the project?____________________________________________________________
What are the five approaches to problem solving, and which one should project managers use most often?____________________________________________________________
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