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project management for small projects

CAPM Certified Associate In Project Management Practice Exams 1st Edition James L. Haner; Cate McCoy - Solutions

In which Project Resource Management process does a project manager compare the planned usage of a resource to its actual usage?A. Acquire Resources B. Control Resources C. Estimate Activity Resources D. Plan Resource Management
Which process are you carrying out if you are deciding how to estimate time that will be needed by the quality testing group for the integrating testing phase of your project?A. Acquire Resources B. Control Resources C. Plan Resource Management D. Project Procurement Management
Recommending corrective actions to increase the effectiveness and efficiency of the organization falls under the Manage Quality process ITTOs (inputs, tools and techniques, and outputs). This list of actions is documented as:A. Change requests B. Organizational process asset (OPA) updates C.
A project manager is trying to identify the best project practices being used and gaps between best practices and current practices, as well as sharing the best practices introduced or implemented in similar projects in the organization. This is known as:A. Developing the quality metrics B.
Which of the following is an input to the Manage Quality process?A. Quality metrics B. Project requirements C. Change requests D. Validated deliverables
Which project management processes in the Executing process group provide change requests as an input to the Perform Integrated Change Control process?A. Direct and Manage Project Execution, Schedule Control B. Manage Quality, Project Contract Administration C. Direct and Manage Project Work,
Which of the following is least useful as an input for performing the Manage Quality process?A. Quality management plan B. Quality metrics C. Resource availability D. Lessons learned register
Which of the following is least useful as an input for managing quality?A. Quality control measurements B. Quality metrics C. Risk report D. Resource capabilities and availability
Two of the common quality improvement tools are:A. Define, Measure, Analyze, Improve, and Control (DMAIC) and three-point estimating B. Design of experiments (DOE) and mean time between failures(MTBF)C. Logical data models and suppliers, inputs, process, outputs, and customers (SIPOC)D.
You are translating the quality management plan into executable quality activities. Which of the following inputs will be least helpful to you?A. Quality control measurements B. Process improvement plan C. Lessons learned register D. Risk report
A structured, independent process to determine whether project activities comply with project policies, processes, and procedures is called a:A. Quality inspection B. Quality audit C. Retrospective D. Quality demo
Translating the quality management plan into executable quality activities during the execution phase is:A. Execute Quality Management B. Manage Quality C. Control Quality D. Project Quality Management
Which quality process uses inspection as a tool or technique?A. Plan Quality Management B. Control Quality C. Manage Quality D. Perform Quality Inspection
What are the variables and allowable variations called that should be measured as part of the Manage Quality and Control Quality processes?A. Quality control measurements B. Quality checklists C. Quality metrics D. Cost of quality
If you are conducting an audit to check whether processes are being followed correctly, what process are you involved in?A. Plan Quality Management B. Control Quality C. Manage Quality D. Perform Quality Audit
If you are testing and measuring a small sample and extrapolating those results to be indicative of a total population, what tool or technique are you using?A. Benchmarking B. Statistical sampling C. Design of experiments D. Brainstorming
If you are using a diagram to determine the potential causes of quality issues, what would you be using?A. Control chart B. Histogram C. Checksheet D. Fishbone diagram
If you are considering the impact of potential future warranty claims as part of your quality management plan, what are you considering?A. Cost of quality B. Quality assurance C. Benchmarking D. Prevention over inspection
What is the best definition of the principle of Kaizen?A. Defining quality processes and checking that they are being used B. Continuously improving C. Checking the quality of the product D. Having a quality management plan
What is the best definition of quality?A. Quality is whatever the customer says is right.B. Quality is the degree to which a product can be used for its intended purpose.C. Quality is the degree to which a set of inherent characteristics fulfills requirements.D. Quality is the number of features
What does it mean if a single data point appears above the upper specification limit on a control chart?A. The process is in control and the customer is happy.B. The process may be out of control, and consideration should be given to checking the process soon.C. A single data point outside the
Which of the following is not one of the data representation techniques used in the Project Quality Management knowledge area?A. Checklists B. Scatter diagrams C. Control chart D. Affinity diagram
What are the three processes in the Quality Management knowledge area?A. Control Quality, Manage Quality, Plan Quality Management B. Plan Quality Management, Control Assurance, Perform Quality Control C. Perform Quality Control, Determine Quality, Plan Quality Management D. Plan Quality Management,
Your current project was originally estimated to cost $1.5 million with a completion target of six months. You are three months into the project and have performed an earned value analysis with the following results:EV = $650,000, PV = $750,000, and AC = $800,000. What are the schedule and cost
The expenses for your project are consistently showing the same CPI for each month of the project completed so far, and there are two months left in the project. Which formula should you use to calculate the project’s estimate at completion?A. AC + ETC B. BAC / CPI C. AC + (Remaining PV / CPI)D.
Your project has a dependency on an outside contractor and that contractor has fallen behind schedule. The contractor is promising to make up the ground lost and complete on their original deadline. You have calculated the following values for the current point in time: BAC= $12,000, PV = $8,000,
Which of the following values can be derived?A. SPI = 0.86 B. SV = −5 C. CPI = 1.25 D. CV = −7
Your current project has a planned value of 30, earned value of 35, and an actual value of
Which CPI measurement indicates that the project is currently experiencing a cost underrun?A. CPI = 1.2 B. CPI = 0.8 C. CPI = 1 D. CPI = 0
Which value for CV indicates that the project is over budget?A. CV = 0 B. CV > 0 C. CV < 0 D. CV = 1
Which of the following is the correct formula to use when calculating Variance at Completion (VAC)?A. EAC − AC B. BAC − EAC C. EV / AC D. EV − PV
In an agile/adaptive environment project that has high variability but must also hold to a strict budget, what approach should the project manager take to stay within the cost constraints?A. Adjust the scope and schedule.B. Reduce staffing.C. Expand the project schedule.D. Reduce the project
When should a project manager make use of lightweight estimation methods to generate a high-level forecast of project labor costs?A. On large projects B. On small projects C. On projects where the scope is fully defined D. On projects with high degrees of uncertainty
If your organization does not have an existing formal or informal cost estimation approach in place, what should you do as the project manager as a part of Project Cost Management?A. Set a zero budget at the start of Project Cost Management and add costs to the budget as the project is
What is the trend in Project Cost Management called Earned Schedules(ES) theory?A. Replaces the cost variance measure of Earned Value (EV) minus Planned Value (PV) with Earned Schedules (ES) minus Actual Time(AT)B. Replaces the cost variance measure of Earned Value (EV) plus Planned Value (PV) with
Which concern is being highlighted if the cost of an acquired item is allowed to be measured when the acquisition decision is made versus when the order is placed, versus when the item is delivered, versus when the actual cost is incurred?A. Different stakeholders measure project costs in different
Which process group are you carrying out if you are primarily concerned with ensuring the project has the funds necessary for the resources needed to complete the project work?A. Project Scope Management B. Project Cost Management C. Project Resource Management D. Project Stakeholder Management
Given a most likely value of 12, an optimistic value of 10, and a pessimistic value of 20, using the triangular distribution formula, what is the estimate for the task?A. 7 B. 13 C. 14 D. 26
Which estimation technique can make use of either triangular distribution or beta distribution?A. Analogous estimating B. Bottom-up estimating C. Parametric estimating D. Three-point estimating
What estimation technique is your builder using if the cost has been presented to you as $100 per square foot?A. Analogous estimating B. Bottom-up estimating C. Parametric estimating D. Three-point estimating
You are calculating costs for your project based on costs from a previous similar project that was completed last month in your organization. This process is known as:A. Analogous estimating B. Bottom-up estimating C. Parametric estimating D. Three-point estimating
Your project sponsor for the current project expects to receive a narrow estimate for project costs because all project information is now known.Which of the following is considered a suitable range for this request?A. –100% to +100%B. –10% to +10%C. –25% to +25%D. –50% to +50%
Which technique are you using if you are calculating the theoretical early start and finish dates on your project schedule, along with late start and finish dates, for all the project activities?A. Critical chain method B. Critical path method C. Schedule compression D. What-if analysis
During project planning, you notice you do not have much information about one activity. You decide to estimate activity duration by referring to the actual duration of a similar activity on another project. This calculation method is called:A. Analogous estimating B. Expert judgment C. Parametric
In which process is the project manager performing a variance analysis in order to take any necessary corrective actions to realign the project work with the project budget?A. Plan Cost Management B. Estimate Costs C. Determine Budget D. Control Costs
In which process does the project manager perform a reserve analysis to account for unknown-unknown risks?A. Plan Cost Management B. Estimate Costs C. Determine Budget D. Control Costs
What process are you performing if you are adding together the costs of individual activities into work packages and then rolling the work packages into control accounts and finishing with summarizing the control accounts?A. Plan Cost Management B. Estimate Costs C. Determine Budget D. Control Costs
Which process creates an approximate monetary value for each project activity necessary to complete the work of the project?A. Plan Cost Management B. Estimate Costs C. Determine Budget D. Control Costs
What is the key benefit of the Plan Cost Management process?A. Provides estimates for project costs at the beginning of the project B. Provides summary information to review project costs at the end of the project C. Provides ratios and variance analysis results reviewed at the end of the project
In which process does the project manager aggregate the estimated costs of individual activities in order to establish a cost baseline?A. Plan Cost Management B. Estimate Costs C. Determine Budget D. Control Costs
Which of the following are often closely linked, particularly on smaller projects?A. Collecting requirements and testing product B. Planning the project and closing the project C. Cost estimating and cost budgeting D. Developing the team and managing the team
Yvette has requested that each team member determine the estimates by multiplying the quantity of work to be performed by the known historical productivity rate of the individual department. What is this technique called?A. Parametric estimating B. Analogous estimating C. Three-point estimating D.
What does a schedule performance index (SPI) of 0.9 mean?A. The amount of buffer in your critical chain methodology is less than optimal.B. The project network diagram was incorrectly put together.C. The project is behind schedule and in need of schedule compression.D. The project is ahead of
What is the name of the process in the PMBOK Guide that monitors the status of the project to update project progress and manage changes to the schedule baseline?A. Develop Schedule B. Monitoring and Controlling C. Verify Schedule D. Control Schedule
You are using a computer-based modeling technique that examines the possible outcomes based on a range of potential probabilities if a particular situation occurs. What is this technique called?A. Parametric estimating B. Schedule compression C. Critical chain method D. What-if scenario analysis
You are using a methodology that calculates the amount of float on various paths in the network diagram to determine the minimum project duration. What tool or technique are you using?A. Critical path method B. Critical chain method C. Parametric estimating D. Three-point estimating
Of the following which best describes a Gantt chart?A. The best tool to view activity sequencing B. A chart that shows activities and their levels of effort C. A chart that represents daily activities D. A tool to view the sequence of low-level activities
What is the PMBOK Guide process of analyzing activity sequences, durations, resource requirements, and scheduled constraints to create the project schedule?A. Project Schedule Development B. Create Project Schedule C. Develop Schedule D. Schedule Management
To estimate the amount of time it will take to install 500 meters of cable on your project, you divide the number of meters required by how many meters an hour the person laying the cable can lay. This is an example of which sort of tool or technique?A. Three-point estimating B. Bottom-up
As a result of a brainstorming session, your team determines that the most likely duration of an activity will be 8 days, the optimistic duration is 6 days, and the pessimistic duration is 16 days. What is the expected activity duration?A. 10 days B. 5 days C. 9 days D. 30 days
What sort of information is included in your resource calendar?A. The length of time the project will require input from external resources B. The dates of annual holidays for project team members C. The duration of each activity in the project resource diagram D. When and how long project
You are completing the sequence of activities and note that one of your activities cannot proceed until consent is granted by the local government agency. This is an example of what sort of dependency?A. Discretionary B. External C. Environmental D. Mandatory
You have scheduled two activities in your project so that the successor activity is able to start a week before the predecessor activity. What is this an example of?A. Lag B. Lead C. Slack D. Float
Which of the following is the most commonly used type of precedence relationship that you will use?A. Start-to-start B. Start-to-finish C. Finish-to-finish D. Finish-to-start
Which of the following is not contained in the activity list?A. Milestone list B. Scope of work description C. All schedule activities required on the project D. Activity identifier
The amount of time a successor activity must wait after the completion of its predecessor activity is known as what?A. Lead B. Resource leveling C. Lag D. Float
If you are compressing the project schedule by using a technique that generally does not increase project costs, which of the following techniques are you using?A. Fast tracking B. Crashing C. Resource optimization D. Resource leveling
The path, or paths, through a project schedule network that represent the most risk because there is no total float is called what?A. Critical chain B. Network diagram C. Gantt chart D. Critical path
What is the name of the process of considering whether an additional amount of time should be provided based on quantitative risk analysis?A. Expert judgment B. Parametric estimating C. Reserve analysis D. Monte Carlo analysis
If a successor activity cannot start until its predecessor activity has started, what sort of relationship is this?A. Finish-to-start B. Start-to-start C. Finish-to-finish D. Start-to-finish
Which of the following estimating techniques is part of the PERT technique?A. Analogous estimating B. Parametric estimating C. Three-point estimating D. Bottom-up estimating
What sort of estimating technique are you using when you are obtaining information from a group of experts about your project durations, and each expert is being asked individually for their opinion without knowing who else is being interviewed?A. Alternatives analysis B. Parametric estimating C.
What is the form of estimating that uses known quantities and multiplies them by known metrics?A. Analogous estimating B. Parametric estimating C. Three-point estimating D. The Delphi technique
Why are activity resources generally estimated before activity durations?A. Because that is the way the PMBOK Guide sets them out.B. Because to estimate activity durations, you must know what sequence they occur in.C. Because you need to know how many resources are available to complete an
What is the name of the document that will guide the definition, documentation, execution, and control of the project schedule?A. Project management plan B. Scope statement C. Organizational process assets D. Schedule management plan
What is the best definition of rolling wave planning?A. It is the breakdown of work packages into activities.B. It is a form of progressive elaboration that focuses on defining work in the immediate future in more detail than work further off.C. It is the process of first defining, then sequencing,
What is the document that provides additional information about activities identified on the activity list?A. Project charter B. Activities attributes C. Resource breakdown structure D. Scope statement
What is the correct order of processes in the Project Schedule Management knowledge area?A. Define Activities, Sequence Activities, Estimate Activity Durations, Develop Schedule B. Define Activities, Estimate Activity Durations, Sequence Activities, Develop Schedule C. Sequence Activities, Define
You have made the decision to control risk through planning on your current project and therefore conclude that your scope management approach should be:A. Predictive B. Adaptive C. Iterative D. Lean
In developing project scope, one approach is to:A. Describe scope in user stories B. Determine scope through high-level infrastructure C. Use the project’s budget to set a financial baseline D. Include nonfunctional requirements for products, services, or results
Which of the following allows agile teams to see what they’ve accomplished and shows changes in scope during an iteration?A. Product backlog B. Burnup chart C. RACI chart D. Control chart
In an agile project, who decides who will perform the work for the next period’s defined scope?A. Product owner B. Project manager C. Scrum Master D. Team members
Your team has chosen a user story to prototype for an area of high risk in the project. Which of the following best describes the process in which you are involved?A. Calculating the total duration of the project from the start B. Counting the total number of work packages in the project C.
Which of the following is a generally accepted business practice used in creating a project’s WBS?A. Structure it so product scope and project scope are easily managed.B. Set it up to show the complete scope of the work to be carried out on the project.C. Use it to define the management control
What does the 100 percent rule refer to?A. The ratio of requirements that need to be implemented for the project to be a success B. The sum of quality tasks in a project together with the administrative tasks C. The presence of all product and project work in the WBS with nothing left out and no
Your project requires that you hire multiple third-party vendors, and you are considering elements to include in the procurement management plan for the project. Before completing the procurement management plan, you should first:A. Review project assets on procurement B. Develop activity cost
Project management office support deliverables should be considered which of the following in the WBS?A. Top-level milestone B. External deliverable C. Work package D. Project management artifact
Which of the following is considered a primary purpose of a project’s WBS?A. Clarify the responsibility for project tasks.B. Communicate with all stakeholders.C. Define the business need for the project.D. Detail the dates for the work packages.
When examining the validation and control mechanisms in place for the current project, what should a project manager be looking to tailor if appropriate for the project?A. Governance approaches B. Control-related policies, procedures, and guidelines C. Change control for requirements D. Matrix
Which of the following can help unstable requirements move to the point of being stable and well defined?A. Lean techniques B. RACI chart C. Project management plan D. Root-cause analysis
What is the project manager tailoring if he or she is deciding to use an adaptive, predictive, or hybrid approach?A. Validation and control approach B. Governance approach C. Procurement approach D. Development approach
What action should the project manager take when finding out the organization lacks a formal requirements management process that can accommodate the current project?A. Pause the project and create a formal requirements management process.B. Tailor the way the Project Scope Management processes are
Your current project has multiple stakeholders representing each of the departments. In this case, who would approve the scope statement that you develop?A. The project team members B. The project sponsor C. The project manager D. The financial manager
Which Project Scope Management process creates the scope baseline?A. Plan Scope Management B. Control Scope C. Create WBS D. Validate Scope
Which Project Scope Management process uses only data analysis as a tool and technique?A. Plan Scope Management B. Collect Requirements C. Define Scope D. Control Scope
Which three Project Scope Management processes use the project charter as an input?A. Plan Scope Management, Create WBS, and Validate Scope B. Create WBS, Validate Scope, and Control Scope C. Control Scope, Define Scope, and Collect Requirements D. Plan Scope Management, Collect Requirements, and
Your current project has produced a requirements management plan.What is the purpose of this document?A. The requirements management plan links requirements to their origin and traces them throughout the project.B. The requirements management plan documents how requirements will be analyzed,
Which of the following would you use to help clarify technical details that you were not familiar with and their impact on the project scope?A. Experienced managers B. Special interest groups C. Expert judgment D. Similar project plans
Which statement describes the purpose of the requirements traceability matrix?A. It describes in detail the project’s deliverables and the work required to create those deliverables and includes product and project scope description.B. It ensures that requirements approved in the requirements
Which of the following is the process of formalizing acceptance of the project’s completed deliverables?A. Control Scope B. Define Scope C. Validate Scope D. Verify Deliverables

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