CompTIA Project+ Study Guide: Exam PK0-003 1st Edition Kim Heldman, William Heldman - Solutions

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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
What are the Scope Definition process tools and techniques?A. Cost benefit analysis, templates, and expert judgment B. Product analysis, cost benefit analysis, alternatives identification, and expert judgment C. Product analysis, alternatives identification, expert judgment, and stakeholder
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
What are decision models?A. Project selection criteria B. Project selection methods C. Project selection committees D. Project resource and budget selection methods
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
Which of the following describes the Executing process group?A. Project plans are put into action.B. Project performance measurements are taken and analyzed.C. Project plans are developed.D. Project plans are published.
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
The Closing process group should be performed for all of the following except for which one?A. When projects are canceled B. When a project phase is concluded C. When projects complete successfully D. When the feasibility study for a project is concluded
You ’ re a project manager for a large, complex IT project. You ’ re in the middle of the executing phase. The project sponsor has decided to cancel the project because of unexpected cost overruns and resource shortages. What are your next steps? Choose two.A. Change vendors to obtain a lower
This document is produced at the end of the project and reports the final project outcomes.A. Lessons learned B. Final status report C. Project close report D. Post - mortem analysis
The primary purpose of this activity is to collect and document lessons learned.A. Post - mortem analysis B. Post - project review C. Project closeout review D. Administrative Closure
Your project evolved over time into an ongoing operation. What type of project ending is this, and what are your next steps? Choose two.A. The project ending is because of addition.B. The next step is to inform the project sponsor and stakeholders the project has ended.C. The project ending is
Centralizing documents, archiving project documents, performing post - project reviews, writing the final closeout report, and distributing the notice of project acceptance occur during which process?A. Administrative Closure B. Project close C. Close Procurements D. Post - mortem Review
When performing Close Procurements, this procedure determines whether the work performed on contract was accurate and satisfactory.A. Post - project review B. Product verification C. Post - mortem D. Closeout report
Your client has suddenly produced a list of items that they want fixed prior to final sign - off on the project. You suspect they are attempting to add functionality to the system. What is the best approach to deal with the client ’ s request?A. Let the client know that this is too late in the
Your project is winding down, and some of your team members are anxious about their status. What is the best way to deal with their concerns?A. Explain to the team members that they will be released when the project is done.B. Let the team members know that you can only discuss their release date
What is the focus of the lessons learned report resulting from the comprehensive project review session?A. The report should cover both the positive and negative aspects of the project, with suggestions for improvement.B. The report should primarily summarize the results of the project schedule,
Your project was canceled because of the redeployment of project resources. All of the following are true regarding this situation except for which one?A. All of the steps of project closeout should occur even though the project was canceled.B. A post - mortem should be conducted to determine the
What is the primary purpose of a formal sign - off at the conclusion of the project work?A. The sign - off allows the project manager to start a new assignment.B. The sign - off means the project team is no longer accountable for the product of the project.C. The sign - off is the trigger for
Which of the following is the “ best ” type of project ending?A. Extinction B. Addition C. Integration D. Starvation
You are gathering documents to work on your comprehensive post - project review. What aspects of the project should you focus on?A. The review should focus on the technical aspects of the project.B. All phases of the project, from planning through execution, should be included in the review.C. The
You have just left a meeting with the project sponsor where you were advised that your project has been canceled because of budget cuts. You have called the project team together to fill them in and to review the remaining activities to close out the project. Which of the following describes the
You have just left a meeting with the project sponsor where you were advised that your project has been canceled because of budget cuts. You have called the project team together to fill them in and to review the remaining activities to close out the project. Several of your team members question
Your project is winding down, and you are eager to get started on your next project. An outside company was responsible for completing several of your deliverables. There are acceptance test activities for each of these deliverables on the project schedule. The procurement manager wants to know
You are working on a project that is being implemented in a country different from your country of origin. You also have team members in several locations around the globe.You should consider all of the following specifically in regard to managing teams in this situation except for which one?A.
Status reports, project meetings, and review meetings are examples of which of the following?A. Managing Stakeholder Expectations, which puts the communication management plan into action B. Distribute Information, which uses the stakeholder distribution matrix C. Distribute Information, which puts
What is the CPI?A. 280 B. 1 C. 3 D. .92
You know that EV = 230, PV = 230, AC = 250, BAC = 260, and ETC is
You are comparing planned project results with actual project results. Which formula will you use?A. BAC B. VAC C. EAC D. ETC
This is the formula for the forecast of the total cost of the project based on current project performance and the remaining work.A. AC + ETC B. ETC C. (BAC – EV) / (BAC – AC)D. BAC – EAC
You ’ re preparing some variance figures for your project, and you want to show the variance between a task ’ s estimated progress vs. its actual progress. What variance formula should you use?A. SV = EV / PV B. SV = EV – AC C. SV = EV – PV D. SV = EV / AC
Which calculation will show you the ratio of remaining work compared to the remaining budget and is represented as a percentage?A. TCPI B. EVM C. SPI D. CPI
Which of the following is considered the most critical EVM metric?A. CPI B. CV C. SPI D. SP
What are the EVM measurements for schedule variances?A. SV = (EV – PV) and SPI = (EV / PV)B. SV = (EV – AC) and SPI = (EV / AC)C. SV = (EV – BAC) and SPI = (EV / BAC)D. SV = (PV – EV) and SPI = (PV / EV)
If CPI is less than one, which of the following is true?A. You are spending less than anticipated at the measurement date.B. You are behind schedule at the measurement date.C. You are spending more than anticipated at the measurement date.D. You are ahead of schedule at the measurement date.
This is the cost of completing the work component in a given time period.A. PV B. EV C. AC D. EVM
This is the cost of work that has been authorized and budgeted for a schedule activity or WBS component during a given time period or phase.A. PV B. EV C. AC D. EVM
This is the value of the work completed to date as it compares to the budgeted amount assigned to the work component.A. PV B. EV C. AC D. EVM
This technique, used for monitoring and controlling the costs of the project, compares what was received or produced to what was spent.A. ETC B. EAC C. BAC D. EVM
This is an action taken as a result of quality activities to correct a defect.A. Process adjustments B. Rework C. Acceptance D. Prevention
What are the three types of variances that make up common causes of variances? Choose three.A. Random B. Tolerable C. Trends D. Known or predictable E. Acceptable F. Variances that are always present
This tool and technique is used primarily for monitoring quality and is also known as a cause - and - effect diagram.A. Control chart B. Flowcharting C. Ishikawa diagram D. Pareto diagram
This tool, used to help monitor and control quality results, ranks the importance of a problem based on its frequency of occurrence over time.A. Control chart B. Flowcharting C. Ishikawa diagram D. Pareto diagram
Your project concerns producing a product that must meet a specific quality standard. You are periodically pulling completed components of the product and determining whether the components have tolerable results. What tool and technique are you using?A. Prevention B. Histogram C. Inspection D.
You are working on a project that was proceeding well until a manufacturing glitch occurred that requires corrective action. It turns out the glitch was an unintentional enhancement to the product, and the marketing people are enthused about its potential.The corrective action is canceled, and you
This type of risk occurs as a result of implementing a risk response or of another risk event occurring, and it ’ s the responsibility of the risk owner to monitor for this.A. Risk trigger B. Contingency risk C. Residual risk D. Secondary risk
All of the following are true regarding dashboards except for which one?A. They are a type of performance report.B. They are a type of status report.C. They document work expected to be completed during the next reporting period.D. They usually have indicators such as red - yellow - green for a
What types of corrective actions might you consider when trying to shorten the project schedule? Choose two.A. Request additional budget B. Implement contingency plan C. Fast tracking D. Crashing
When substantial changes to the project schedule have occurred, which of the following might you perform to provide a new means of measuring performance?A. Rebaselining B. Schedule revision C. Schedule update D. Schedule change
This change is the type of change made to the project schedule that ’ s part of the ongoing work involved with managing the project.A. Schedule revision B. Schedule update C. Rebaselining D. Schedule change
Stakeholders have come to you to tell you they want to change the scope. Before agreeing to the scope change, what things should you do? Choose two.A. Determine which project constraint (time, budget, quality) is most important to stakeholders.B. Discuss the proposed scope change with the
After a change request is submitted, all of the following steps occur prior to being reviewed by the change control board except for which one?A. The change request is recorded in the change log.B. Analysis of the impacts of the change is performed.C. Specific elements of the project, such as
Which of the following should be established as part of the change control system in the event the change control board (CCB) cannot meet in a timely manner?A. Emergency change request procedures B. Procedures for analyzing the impacts of change and preestablished criteria for determining which
This type of change request is implemented to help reduce the probability of a negative risk event.A. Contingency plan B. Corrective action C. Risk response plan D. Preventive action
Changes to project scope require changes to these as well. Choose two.A. Budget B. Quality C. Schedule D. Resources E. Product scope
The scope baseline documents consists of all of the following except which one?A. Scope statement B. WBS C. Scope management plan D. WBS dictionary
The Scope Control process is responsible for all of the following except which one?A. Formally accepting completed deliverables B. Monitoring the status of the project scope C. Monitoring changes to project scope D. Ensuring work results match expected outcomes
This entity is responsible for reviewing change requests, reviewing the analysis of the impact of the change, and determining whether the change is approved, denied, or delayed.A. CAB B. CCB C. CRB D. TRB
It is February 3, and you have not received the required written confirmation from the vendor regarding the shipping date. Written confirmation was due February 1.
The project you are currently managing requires a new piece of equipment that has only been available in limited quantity in a beta test mode. The manufacturer has assured you that the device will be in production mode in time to meet the committed delivery on your project schedule. Delivery of
Which of the following is not a type of change request?A. Corrective actions B. Defect repairs C. Performance corrections D. Preventive actions
The system test results of your address verification system have uncovered a problem with the screen flow that is presented to the end user. Fixing the problem will involve a major rewrite of a portion of the screen flow logic. The end user can still access the “ missing ”screens, but this
You are the project manager for a new address verification system. The development phase has experienced some delays, and you are meeting with the development team to look at alternatives to get back on schedule. A suggestion is made by the development manager to skip unit testing and go right to
Your $5,000,000 application development project includes the purchase of two new servers, which are currently listed in the cost baseline as $50,000 each for a total of$100,000. Between the time the estimate was made and the time the equipment was purchased, there was a 10 percent price increase.
You have just received the latest status updates from the team. Based on the progress to date, system testing is projected to take three weeks longer than planned. If this happens, user acceptance testing will have to start three weeks late, and the project will not complete on the planned finish
You are a project manager for a new software application. You have just learned that one of your programmers is adding several new features to one of the deliverables. What is the best action to take?A. Make any needed adjustments to the schedule and cost baseline, and tell the programmer that any
One of your senior network engineers, Marty, is absolutely insistent that the vendor who ’ s supplying your routers is “ all wet ” when it comes to a facet of a router that he ’ s been tasked to install. However, when you consult with the systems engineers who work for the vendor, they tell
Several actions occur during the Executing processes, such as managing project quality, managing risks, preparing performance reports and information, and more. All of the following describe other actions that start in earnest during the Executing process group except which one?A. Scheduling
You have a project that will be completed in multiple phases and have set up formal reviews at the completion of each phase to determine whether the project should progress. What is this review process called?A. Conversion B. Transition C. Hand - off D. Phase gate
All the following are elements of the project kickoff meeting except for which one?A. Introductions B. Overview of goals and objectives C. High - level budget overview D. Roles and responsibilities overview E. WBS overview F. Stakeholder expectations
Of the situations listed, which would team-building efforts have the greatest impact?Choose three.A. Schedule changes B. Low morale C. Personality clashes D. Budget changes E. Staff changes F. Organizational changes G. Project phase completion
All the following describe a kickoff meeting except for which one?A. The roles and responsibilities overview describes how each team member will be interacting on the project, and the project manager will describe their role on the project at the first team meeting rather than the kickoff
All of the following describe organizational governance considerations or processes you should take into account on the project, except for which one?A. Standards compliance B. Phase gate approval C. Sponsor approvals D. Decision oversight E. Internal process compliance
This meeting, held during the Executing process group, formally introduces the team members and stakeholders.A. Project status meeting B. Kickoff meeting C. Project introductory meeting D. Steering - committee meeting

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CompTIA Project+ Study Guide: Exam PK0-003 1st Edition Kim Heldman, William Heldman - Solutions

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