Project Management Workbook And PMP CAPM Exam Study Guide 11th Edition Harold R. Kerzner , Frank P. Saladis - Solutions

Discover a comprehensive collection of online resources for "Project Management Workbook and PMP CAPM Exam Study Guide 11th Edition" by Harold R. Kerzner and Frank P. Saladis. Access the complete answers key, along with detailed solutions in PDF format. Our expertly crafted solution manual provides step-by-step answers to solved problems, enhancing your understanding of complex concepts. Benefit from questions and answers compiled in a test bank, complete with chapter solutions and an instructor manual. This textbook offers invaluable insights, and our resources are available for free download, empowering your learning journey.

Which of the following organizational types is the oldest style of organizations?A. Functional organization B. Projectized organization C. Matrix organization D. Balanced Matrix organization
You are currently managing multiple projects relating to a high-profile build-out of a major retail center. The project is extensive, with a two-year timeline. Bob is the project manager responsible for the east block of the build-out, while Sally is the project manager responsible for the north
When is a project considered successful?A. All deliverables have been completed.B. The phase completion has been approved.C. Expectations of all stakeholders have been met.D. The customer has provided final payment.
The following are characteristics of a project EXCEPT:A. It is temporary in nature.B. It is continuous.C. It is unique.D. It has a definitive end date.
If the client wants the project completed in 25 weeks rather than 30 weeks, how much additional cost will be expended and which activities are crashed and by how many weeks?
If the client wants the project completed in 26 weeks rather than 30 weeks, how much additional cost will be expended and which activities are crashed and by how many weeks?
If the client wants the project completed in 27 weeks rather than 30 weeks, how much additional cost will be expended and which activities are crashed and by how many weeks?
If the client wants the project completed in 28 weeks rather than 30 weeks, how much additional cost will be expended and which activities are crashed and by how many weeks?
If the client wants the project completed in 29 weeks rather than 30 weeks, how much additional cost will be expended and which activities are crashed and by how many weeks?
Using the data in the above table, what is the total normal cost for the project?
During project staffing activities, one of the functional managers informs you that she will not have available all of the resources she would need for your project when you need the resources because of resource requirements for other projects. When the project was initially approved, she
Your external client has assigned an onsite representative to monitor the performance of the contract. All reports are provided to the onsite representative who reviews the reports for accuracy and then forwards the reports to his parent company. After reviewing one of the reports, the onsite
After an interface meeting with the client from a foreign country, you and your wife along with the client and his wife are dining at an elegant restaurant celebrating how successfully the project is progressing thus far. During dinner, the client's wife presents your wife with a gift of jewelry.
During an interface meeting with the client, one of your highly competent team members acts in an arrogant and disruptive manner to the point where the customer becomes upset. After the interface meeting is over, the customer requests that this person be removed from the project team so that the
You are working on a firm-fixed-price contract. At the end of the first month, you provide the client with project performance reports that were generated from your enterprise project management methodology. The format of each report is standardized and used on all contracts. The client informs you
You have asked the team to voluntarily work a significant amount of overtime to maintain the project's schedule. You discover that one of the members of the team inadvertently used the wrong lot of raw materials during a production run and all of the units produced had to be thrown away. The loss
You hire a contractor to work on your project. In order for the contractor to perform correctly, your team must exchange some company proprietary information with the contractor. To make sure this flows smoothly you should:a. Personally brief the team on the techniques for disclosing proprietary
Paula is an important member of your project team. Paula informs you that the company approved her application for tuition reimbursement to attend the MBA Program at a local university. Most of the courses are in the evenings, but there may be one or two courses that meet in the mornings twice a
Your project is behind schedule. You just learned that another project in the company is further behind schedule than your project and senior management has instructed the functional managers to remove some of the resources from your project to see if they can be of assistance on the other
One of your contractors is running late and presents to you a plan to get back on schedule. The plan calls for running 10 test rather than 15 tests that are called out in the contractual requirements plan. The contractor believes this will save you money as well.a. Agree to it quickly to maintain
Four companies have responded to your RFP. Each proposal has a different technical solution to your problem and each proposal states that the information in the proposal is company-proprietary knowledge and not to be shared with anyone. After evaluation of the proposals, you discover that the best
One of your team members has been with you for the past year since his graduation from college. The team member informs you that he is now a PMP® and shows you his certificate from PMI® acknowledging this. You wonder how he was qualified to take the exam since he had no prior work experience
PMI® informs you that one of your team members who took the PMP® exam last week and passed may have had the answers to the questions in advance provided to him by some of your other team members who are also PMP®s and were tutoring him. PMI® is asking for your support in the investigation. You
You are managing a multinational project from your office in Chicago. Half of your project team are from a foreign country but are living in Chicago while working on your project. These people inform you that two days during next week are national religious holidays in their country and they will
You are interviewing a candidate to fill a project management position in your company. On his resume, he states that he is a PMP®. One of your workers who knows the candidate informs you that he is not a PMP® yet but is planning to take the test next month and certainly expects to pass. You
You are working in a foreign country where it is customary for a customer to present gifts to the contractor’s project manager throughout the project as a way of showing appreciation. Declining the gifts would be perceived by the customer as an insult. Your company has a policy on how to report
You have just received last month’s earned value information that must be shown to the customer in the monthly status review meeting. Last month’s data showed unfavorable variances that exceeded the permissible threshold limits on time and cost variances. This was the result of a prolonged
Your company has a policy that all company-sensitive material must be stored in locked filing cabinets at the end of each day. One of your employees has received several notices from the security office for violating this policy. You should:a. Reprimand the employeeb. Remove the employee from your
One of your team members plays golf with your external customer’s project manager.You discover that the employee has been feeding the customer company-sensitive information. You should:a. Inform the customer that project information from anyone other than the project manager is not official until
Your customer has demanded to see the “raw data” test results from last week’s testing. Usually the test results are not released to customers until after the company reaches a conclusion on the meaning of the test results. Your customer has heard from the grapevine that the testing showed
Using the same scenario as in the previous question, assume that the new test procedure that is expected to be more accurate than the old test procedure indicates that performance will not meet customer specifications whereas the old test indicates that customer specifications will be barely met.
You are managing a project for an external client. Your company developed a new testing procedure to validate certain properties of a product and the new testing procedure was developed entirely with internal funds. Your company owns all of the intellectual property rights associated with the new
As a project manager, you establish a project policy that you, in advance of the meeting, review all handouts presented to your external customer during project status review meetings. While reviewing the handouts, you notice that one slide contains company confidential information. Presenting this
Your company has embarked upon a large project (with you as project manager) and as an output from the project there will be some toxic waste as residue from the manufacturing operations. A subsidiary plan has been developed for the containment and removal of the toxic waste and no environmental
Your company is looking at the purchase of some property for a new plant. You are part of the committee making the final decision. You discover that the owner of a local auto dealership from whom you purchase family cars owns one of the properties. The owner of the dealership tells you in
You have been assigned as the project manager for a large project in the Pacific Rim.This is a very important project for both your company and the client. In your first meeting with the client, you are presented with a very expensive gift for yourself and another expensive gift for your wife. You
You are performing a two-day quality audit of one of your suppliers. The supplier asks you to remain a few more days so that they can take you out deep sea fishing and gambling at the local casino. You should:a. Accept as long as you complete the audit within two daysb. Accept but take vacation
Your company has decided to cancel a contract with Beta Company. Only a handful of employees know about this upcoming cancellation. The announcement of the cancellation will not be made for about two days from now. You own several shares of Beta Company stock and know full well that the stock will
As part of a proposal evaluation team, you have discovered that the contract will be awarded to Alpha Company and that a formal announcement will be made in two days.The price of Alpha Company’s stock may just skyrocket because of this contract award.You should:a. Purchase as much Alpha Company
You just discovered that the company in which your brother-in-law is employed has submitted a proposal to your company. Your brother-in-law has asked you to do everything possible to make sure that his company will win the contract because his job may be in jeopardy. You should:a. Do what your
You have submitted a proposal to a client as part of a competitive bidding effort. One of the people evaluating your bid informs you that it is customary for you to send them some gifts in order to have a better chance of winning the contract. You should:a. Send them some giftsb. Do not send any
One of the project managers in your company approaches you with a request to use some of the charge numbers from your project (which is currently running under budget)for work on their project (which is currently running over budget). Your contract is a costreimbursable contract for a client
You are preparing for a customer interface meeting and your project sponsor asks you to lie to the customer about certain test results. You should:a. Do as you are toldb. Refuse to work on the project from this point forthc. Report the matter to either your superior or the corporate legal group for
You are preparing a proposal in response to a Request for Proposal (RFP) from a potentially important client. The salesperson in your company working on the proposal tells you to “lie” in the proposal to improve the company’s chance of winning the contract. You should:a. Do as you are toldb.
You have been sent on a business trip to visit one of the companies bidding on a contract to be awarded by your company. You are there to determine the validity of the information in their proposal. They take you to dinner one evening at a very expensive restaurant. When the bill comes, you
In which type of incentive contract is there a maximum or minimum value established on the final price of the contract?a. Cost-Plus-Incentive-Fee contractb. Fixed-Price-Incentive-Fee contractc. Time and Material Incentive Fee contractd. Split-Pricing-Incentive-Fee contract
In which type of incentive contract is there a maximum or minimum value established on the profits allowed for the contract?a. Cost-Plus-Incentive-Fee contractb. Fixed-Price-Incentive-Fee contractc. Time and Material Incentive Fee contractd. Split Pricing Incentive Fee contract
If a project manager requires the use of a piece of equipment, what is the breakeven point where leasing and renting are the same? Cost Categories Annual Maintenance Daily Operation (a) Renting Costs $ 0.00 $ 0.00 (b) Leasing Costs $3,000.00 $ 70.00 Daily Rental a. 300 days b. 30 days c. 100 days
Which of the following is/are a typical action(s) a customer would take if the customer received nonconforming materials or products and the customer did not have the ability to bring the goods into conformance?a. Reject the entire shipment but pay the full cost of the contractb. Accept the entire
A fixed-price contract is typically sought by the project manager from the customer’s organization when:a. The risk and consequences associated with the contracted task are large and the customer wishes to transfer the riskb. The project manager’s company is proficient at dealing with the
Which of the following is not a function of the contract administration activity?a. Contract change managementb. Specification interpretationc. Determination of contract breachd. Selection of the project manager
A contract entered into after following normal procedures (i.e., negotiation of terms, conditions, cost, and schedule) but prior to initiation of performance is known as a:a. Definitive contractb. Completed contractc. Letter contract/letter of intentd. Pricing arrangement
A written preliminary contractual instrument prepared prior to the issuance of a definitive contract that authorizes the contractor to begin work immediately, within certain limitations, is known as a:a. Definitive contractb. Preliminary contractc. Letter contract/Letter of intentd. Purchase order
In a Fixed-Price-Incentive-Fee contract, the “point of total assumption” refers to the point in the project cost curve where:a. The customer assumes responsibility for every additional dollar that is spent in fulfillment of the contractb. The contractor assumes responsibility for every
Which of the following is not a factor to consider when selecting a contract type?a. The type/complexity of the requirementb. The urgency of the requirementc. The extent of price competitiond. All are factors to consider
Which type of contract arrangement is specifically designed to give a contractor relief for inflation or material/labor cost increases on a long-term contract?a. Cost plus percentage of costb. Firm-Fixed Pricec. Time and Materialsd. Firm-Fixed Price with economic price adjustment
What is the primary objective the customer’s project manager focuses on when selecting a contract type?a. Transferring all risk to the contractorb. Creating reasonable contractor risk with provisions for efficient and economical performance incentives for the contractorc. Retaining all project
In which type of contract arrangement is the customer at the most risk of absorbing excessive cost overruns?a. Cost plus percentage of costb. Firm-Fixed Pricec. Time and Materialsd. Fixed-Price-Incentive-Fee
In which type of contract arrangement is the contractor at the most risk of absorbing all cost overruns?a. Cost plus percentage of costb. Firm-Fixed Pricec. Time and Materialsd. Cost-Plus-Incentive-Fee
In which type of contract arrangement is the contractor most likely to want to control costs?a. Cost plus percentage of costb. Firm-Fixed Pricec. Time and Materialsd. Fixed-Price-Incentive-Fee
In which type of contract arrangement is the contractor least likely to want to control costs?a. Cost plus percentage of costb. Firm-Fixed Pricec. Time and Materialsd. Purchase order
The “Order of Precedence” is:a. The document that specifies the order (priority) in which project documents will be used when it becomes necessary to resolve inconsistencies between project documentsb. The order in which project tasks should be completedc. The relationship that project tasks
A written or pictorial document that describes, defines, or specifies the services or items to be procured is:a. A specification documentb. A Gantt chartc. A blueprintd. A risk management plan
The contractual Statement of Work document is:a. A nonbinding legal document used to identify the responsibilities of the contractorb. A definition of the contracted work for government contracts onlyc. A narrative description of the work/deliverables to be accomplished and/or the resource skills
Earned value measurement would be an example of:a. Risk communication planningb. Risk assessmentc. Risk responsed. Risk monitoring and control
Which risk response strategy would the project manager do first that reduces the probability or impact of the event without altering the project’s objectives?a. Avoidanceb. Acceptancec. Mitigationd. Transfer
The project manager realizes that there is a high probability that risks will occur on the project, and some technique is necessary. A technique that depicts interactions among decisions and associated events is needed. The project manager would most likely look at which of the following first?a.
The project manager needs a tool for assessing or quantifying a risk. The project manager would accept all of the following except:a. Decision Tree analysisb. Objective settingc. Simulationd. Interviewing
In evaluating whether or not a risk is about to occur, the project manager would most likely look at which of the following first?a. Budgetsb. Triggersc. Schedulesd. Project plan
One technique for risk evaluation uses a questionnaire, a series of rounds, reports submitted in confidence and then circulated with the source unidentified. If the project manager uses this technique, he/she is using:a. The Delphi Techniqueb. The Work Groupc. Unsolicited team responsesd. A risk
The project is managing a project that has a very large profit potential for the company.However, there exists the possibility that part of work can be outsourced in which case proprietary knowledge will have to be provided to the contractor. If the project manager is unwilling to release
If there is a 40 percent chance of making $100,000 and a 60 percent chance of losing$150,000, then the expected monetary outcome is:a. $50,000b. –$50,000c. $90,000d. –$90,000
When setting up a system to identify or classify risks, the project manager would most likely classify the risks according to:a. The probability of occurrenceb. The magnitude of the impact, favorable or unfavorablec. The source of the riskd. The customer’s risk identification system
The two major components of a risk are:a. Time and costb. Uncertainty and impactc. Quality and timed. Cost and decision-making circumstances
Your team currently includes 9 members. You increase the team size to 12.The number of two way communications channels within the team has increased by:a. 10b. 30c. 9d. 54
When a project or phase has been completed the project team should document results and formalize acceptance through the process of:a. Change controlb. Earned value analysisc. Administrative closured. Performance reporting
The cost performance index or CPI is used to indicate:a. The sum of individual earned value budgetsb. Cost efficiencyc. The variance between EV and PVd. The variance between actual cost and budgeted cost
A commonly used method for determining and then reporting project performance that integrates scope, time, and cost for assessment of results is:a. Trend analysisb. Variance analysisc. Earned value analysisd. Project presentations and review
During project implementation, the project manager is required to submit several reports that will communicate information about the project. A description of the current condition of the projectt in relationship to schedule and other metrics is found in the:a. Status reportb. Progress reportc.
A collection and filing structure that details what methods will be used to gather and store various types of project information is the:a. Project management information systemb. Communications management planc. Scope statementd. Project assumption set
A factor in the determination of communications technology needs is:a. Stakeholder analysisb. The communications planc. The immediacy of the need for informationd. Communications skills of the project team and project manager
Project resources should be expended only on communicating information that:a. Contributes to the success of the project or where a lack of communication can lead to failureb. Comes from external sources such as government or regulatory agenciesc. Has been generated internally by the
On most projects, the majority of communications planning is donea. During executionb. At the earliest stages of the projectc. Just prior to closeoutd. Evenly throughout each project phase
As a project manager you must identify the needs of the stakeholders involved in the project. These needs are identified in which of the following processes?a. Performance reviewsb. Trend analysisc. Performance measurementd. Communications requirements
To do communications planning, the process requires which of the following inputs?a. Work results, project plan, project recordsb. Communications requirements, communications technology, constraints, assumptionsc. Performance reviews, trend analysisd. Project reports, product documentation,
The sender–receiver model is designed to help project managers and team members improve their communications skills by emphasizing:a. The need for the project manager to engage in downward communicationb. The importance of horizontal communications during project executionc. Potential
As a project begins to wind down, the project manager should:a. Release all nonessential personnel so that they can be assigned to other projectsb. Wait until the project is officially completed before releasing anyonec. Wait until the line manager officially requests that the people be releasedd.
You priced out a project work package at 1,000 hours assuming a Grade 7 employee would be assigned. The line manager assigns a Grade 9 employee. This will result in a significant cost overrun. The project manager should:a. Reschedule the start date of the project based upon the availability of a
In staffing negotiations with the line manager, you identify a work package that requires a skill set of a Grade 7 worker. The line manager informs you that he will assign a Grade 6 and a Grade 8 worker. You should:a. Refuse to accept the Grade 6 because you are not responsible for trainingb. Ask
Most people believe that the best way to train someone in project management is through:a. On-the-job trainingb. University seminarsc. Graduate degrees in project managementd. Professional seminars and meetings
A project manager is far more likely to succeed if it is obvious to everyone that:a. The project manager has a command of technologyb. The project manager is at a higher pay grade that everyone else on the teamc. The project manager is over 45 years of aged. Executive management has officially
During project staffing, the primary role of line management is:a. Approving the selection of the project managerb. Approving the selection of the assistant project managersc. Assigning functional resources based upon who is availabled. Assigning functional resources based upon availability and the
During project staffing, the primary role of senior management is in the selection of the ___________.a. Project managerb. Assistant project managersc. Functional teamd. Executives do not get involved in staffing
A project manager that allows the team to make virtually all of the decisions without any involvement by the project manager would be using a ________ leadership style.a. Passiveb. Participative/Democraticc. Autocraticd. Laissez-faire
A project manager that dictates all decisions and does not allow for any participation by the workers would be using a _________ leadership style.a. Passiveb. Participative/Democraticc. Autocraticd. Laissez-faire
A project manager that allows workers to be actively involved with the project manager in making decisions would be using a ___________ leadership style.a. Passiveb. Participative/Democraticc. Autocraticd. Laissez-faire
A project manager provides a verbal set of instructions to two team members on how to perform a specific test. Without agreeing or disagreeing with the project manager, the two employees leave the project manager’s office. Later, the project manager discovers that the tests were not conducted
Five people are in attendance in a meeting and are communicating with one another.How many two-way channels of communication are present?a. 4b. 5c. 10d. 20
You have been placed in charge of a new project team and are fortunate to have been assigned the same people that worked for you on your last two projects. Both previous projects were very successful and the team performed as a high-performance team.The leadership style you would most likely use on
You have been placed in charge of a project team. The majority of the team members have less than two years of experience working on project teams and most of the people have never worked with you previously. The leadership style you would most likely select would be:a. Tellingb. Sellingc.

Showing 2200 - 2300 of 6087

First
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Last

Project Management Workbook And PMP CAPM Exam Study Guide 11th Edition Harold R. Kerzner , Frank P. Saladis - Solutions

Step by Step Answers