PMP Project Management Professional Study Guide 1st Edition Joseph Phillips - Solutions

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You have been named the project manager for a project in your company codenamed Thank You Mr. Glad. The project must complete before Thanksgiving Day this year.This represents which of the following project characteristics?A. Assumption B. Constraint C. Schedule D. Crashing
Which of the following lists the documents in the order their first drafts are written?A. Statement of work, project charter, stakeholder register B. Project charter, statement of work, stakeholder register C. Stakeholder register, project charter, statement of work D. Statement of work,
Which of the following is not an input to identifying stakeholders?A. Project charter B. Contract C. Approved project schedule D. Stakeholder register template
Which of the following is not included in the project charter?A. The purpose of the project B. High-level product requirements C. Budget summary D. Project schedule
The project charter is important for which of the following reasons?A. It authorizes the sponsor.B. It names the project manager and authorizes the project manager to use the organization’s resources for the project.C. It identifies all the stakeholders.D. It produces the stakeholder management
What document is the result of the project initiation process group?A. Statement of work B. Project charter C. Scope plan document D. Preliminary scope statement
Which of the following issues the project charter document?A. The performing organization’s higher management B. Any stakeholder C. The customer D. The project manager
In the following table, match each item in the first column to one or more items in the second column to describe its role during project initiating:Item Role A. Statement of work 1.. Input to developing project charter B. Project charter 2.. Output of developing project charter C. Procurement
A. What is the first process you perform in managing a project?B. What do you need before you can begin initiating your project?
You have been offered a project B that will earn you a profit of $100,000 in three months.You already have an offer of a project A that will earn you a profit of $70,000 in three months.You can only do one project during these three months, and the project requesters are unable to move the project
Identify each of the following items as a project or an operation.A. Restaurant employees serving breakfast to the customers every day B. A bookseller processing customer orders C. A network administrator ensuring that the network stays up and running 24×7 D. Writing and publishing a book
What is the core difference between knowledge areas and process groups? Try to answer this question in one sentence.
What is the core difference between enterprise environmental factors and organizational process assets?
Match each item in the first column of the following table with one or more suitable items in the second column.Entity May Contain A. Operation 1.. Non-project work B. Project 2.. Projects C. Program 3.. Programs D. Portfolio 4.. Portfolios 5.. Activities to create a well-defined, unique product
You are about to throw a quarter and a dime several times. What is the probability that the following will happen?A. The quarter will land heads up on the first try.B. The dime will land tails up on the first try.C. The quarter will land heads up and the dime will land tails up on the first try.D.
You have just joined an organization as a project manager and are studying the enterprise environmental factors of the organization to find out how you can leverage them for the success of your upcoming projects. Enterprise environmental factors may have what kind of influence on the projects?A.
The project manager is responsible for achieving project objectives in an organization with the following structure:A. Projectized only B. Strong matrix and projectized only C. Matrix and projectized only D. All structures
The role of a project manager is more of a coordinator or an expediter in organizations with the following structures:A. Strong matrix and weak matrix B. Projectized C. Functional and weak matrix D. Hierarchical
Effective project management requires that a project manger must have the following characteristics:A. Project management knowledge, ability to apply the knowledge effectively to the project at hand, and computer expertise B. Project management knowledge, leadership skills, and expertise in the
You are being interviewed by a functional manager who says, “We have this huge undertaking of launching an online education website that contains different components, such as designing the website; developing the content; developing the administrative system, including registration and payment;
Both projects and operations share all the following characteristics except:A. Performed by individuals B. Planned, executed, monitored and controlled, and closed C. Limited by constraints D. Performed to achieve the strategic objectives of the organization
All of the following are true about a project except:A. Cost is low and stakeholder influence is highest in the beginning.B. Staffing levels and the ability to influence the product characteristics are both low at the end of the project.C. When the project is executing, both cost and
Your project depends on two business partners: On The Fly, Inc. (OTF) and The Sure Thing, Inc. (ST) delivering their products to you on time. The chances are three out of four that OTF will make the delivery on time and two out of three that ST will not make the delivery on time. The probability
In which of the following organizational structures does the project manager have the least authority?A. Functional B. Projectized C. Matrix D. Leveled
In which of the following organizational structures does the project manager have the greatest authority?A. Functional B. Projectized C. Matrix D. Leveled
Which of the following is the best definition of progressive elaboration?A. Taking the project from concept to project management plan B. Taking the project from conception to completion C. Taking the project from initiating to closing D. Decomposing the project objectives into smaller, more
Which of the following is not a project management knowledge area?A. Project procurement management B. Project risk management C. Project quality management D. Project team management
Which of the following are the process groups?A. Starting, planning, executing, monitoring and controlling, and closing B. Initiating, organizing and preparing, executing, monitoring and controlling, and closing C. Initiating, planning, implementing, monitoring and controlling, and closing D.
Which of the following is a project?A. Running a donut shop B. Building another library in your area C. Keeping a network up and running in a university department D. Running a warehouse
Which of the following are the essential characteristics that make a group of activities a project?A. It takes multiple individuals to perform these activities and it creates a new product.B. The work is managed by a project manager.C. The group has a plan and a budget.D. The group has a start date
Task A is worth $200, is 100 percent complete, and actually cost$200. Task B is worth $75, is 90 percent complete, and actually cost $120 so far. Task C is worth $200, is 75 percent complete, and has cost $175 so far. The total budget is $1,000. What is the Cost Variance for the tasks listed?a.
Which of the following metrics would tell you if you were ahead of schedule?a. Schedule Performance Index (SPI)b. Cost Performance Index (CPI)c. Cost Variance (CV)d. Budget at Completion (BAC)
Which of the following shows the remaining amount to be spent on the project based on current spending efficiency?a. Cost Varianceb. Estimate to Completec. Estimate at Completiond. Budget Remaining
The project management team has performed earned value analysis on its project and discovered that the project is behind schedule and over budget. The SPI is 0.0.82 and the CPI is 0.73. The team is trying to determine how efficient it will need to be with the remaining resources on the project to
Task A is worth $200, is 100 percent complete, and actually cost$200. Task B is worth $75, is 90 percent complete, and actually cost $120 so far. Task C is worth $200, is 75 percent complete, and has cost $175 so far. The total budget is $1,000. What is the total Earned Value for the tasks
The Project Manager spends a lot of time in meetings and talking with team members about the execution of the project. How much of a Project Manager’s job is spent communicating?a. 40 hours a weekb. Approximately 90%c. 100%d. 60+ hours a week
The Project Manager is in the process of working with the team to create a Decomposition of the work of the project. This will aid in determining resource needs, how long the project should take, and how much it should cost. What is the team creating?a. Gantt chartb. Schedulec. Responsibility
What type of report shows what is expected to be complete in the next two weeks on the project?a. Earned Value Reportb. Status Reportc. Forecast Reportd. Progress Report
Which of the following is not a component of the Communication Model?a. Senderb. Receiverc. Languaged. Message
The defense project is going well. There is a Scope change, and, as a result, a new team is brought in to assist the existing team in the new Scope of the project. Upon arriving, the team asks to see where the project currently stands. What do you show them?a. Gantt chartb. Milestone chartc.
An organizational breakdown structure (OBS) is also known as what?a. Staffing Management Planb. Organizational chartc. Resource Histogramd. Responsibility Assignment Matrix
The Charter has just been signed and the Project Manager assigned.What type of power does the Project Manager have as a result of this?a. Rewardb. Formalc. Referentd. Problem solving
The Project Manager has some issues on the team between two developers who disagree about how something should be done.What is the best method to resolve the conflict?a. Compromiseb. Problem solvingc. Withdrawald. Reward
In the Communication Model, who is responsible for ensuring that the receiver has received and understood the message correctly?a. Project Managerb. Both the sender and receiverc. Senderd. Receiver
The Project Manager has weekly scheduled status meetings with the team. The meetings have been unorganized, chaotic, and lacking direction. Which of the following would improve the meetings?a. Determine who is in charge of the meeting.b. Send the team to communication training.c. Create and publish
The infrastructure project is behind schedule and over budget. So far, US$3M has been spent on the project. The Sponsor is considering whether it should allow the project to continue. What should it consider the US$3M that has been spent so far?a. The amount for phase 1b. Sunk costc. The budgeted
The e-commerce team is behind schedule on its project. The customer is considering killing the project if it does not get back on track. The team is considering putting more resources on the Critical Path to accelerate the schedule. This is an example of what?a. Crashingb. Staff Acquisitionc. Fast
The development team is building a new product for its company.This is a new product type at the company, and the market for the product is extremely unstable. According to the product manager, a key to success will be flexibility to adapt the product to the market changes that will occur during
Crosswind Custom Homes is building a customer’s dream house.However, rain has delayed the finish by two weeks. The Project Manager evaluates the schedule and determines that the electrical and plumbing work could occur at the same time instead of right after each other, as laid out in the
The project is using a new server that cost US$25,000. The Project Manager is told to set up depreciation for the server over a fiveyear schedule, with the server having a value of $0 at the end of five years. Standard depreciation will be used in the calculation.What is the amount per year the
Companywide software licensing fees are an example of which type of project cost?a. Variable indirectb. Variablec. Fixedd. Fixed direct
What is the range of an order of magnitude (OOM) estimate?a. −10% to +5%b. −5% to +10%c. −25% to +75%d. −300% to +75%
The development team is building a new product for their company.This is a new product type at their company, and the market for the product is extremely unstable. According to the product manager, a key to success will be to have an extremely accurate estimate on the resource needs for the
The Project Manager is creating an estimate for building a house. It is a house similar to what he builds quite often. He is using the rule of thumb of $85 per square foot to calculate the estimate. What type of estimate is this?a. Parametricb. Analogousc. Gut feeld. Bottom-up
You and a fellow Project Manager are having a discussion about his project. He says the Network diagram for it has two paths that have the maximum duration of 32 units on the diagram. He says he doesn’t have a Critical Path because they are both the same length, and you can have only one Critical
The team is going through some resource overutilization issues on the project. The database administrators are working excessive hours. The Project Manager has gone back to planning to reevaluate the situation. Which of the following can provide help in seeing how serious the issue is?a. Pareto
Slack on a Network diagram is also known as:a. Lagb. PERTc. Floatd. GERT
You are the Project Manager on a defense project and are creating a Network diagram. Task A (3 days) and Task B (6 days) can start immediately. Task C (2 days) can start after Task A is complete.Task D (1 day) and Task F (2 days) can start after Task B is complete.Task E (4 days) can start after
You are putting together the final schedule on your new project.The problem you are having is that you don’t have a consistent use of your resources. Some are working 12 hours a day; some are working 4 hours a day; and some days they aren’t scheduled to work at all on the schedule. Which of the
The Work Breakdown Structure represents what?a. The Decomposition of the work of the projectb. The task list of the projectc. The scheduled. The Decomposition of the task list
The Project Manager and team are involved in project planning.They are in the process of breaking the work down into the smallest level of the WBS. What are they creating?a. To-do listb. Task listc. Work packaged. Activity Definition
All of the following are true about a Work Breakdown Structure(WBS) except?a. The team and the Project Manager should be involved in creating it.b. It will resemble an organizational chart in appearance when complete.c. The Activity sequencing of the WBS can be done only in parallel.d. It is a
During project planning, the Work Breakdown Structure (WBS)is a key to successful planning. Which of the following can begin as a result of the Work Breakdown Structure (WBS) being completed?a. Cost Estimatingb. Schedule Developmentc. Activity Duration Estimatingd. All of the above
Which of the following best describes a Work Breakdown Structure(WBS)?a. The work should be decomposed to a realistic level of detail.b. If the work is not listed in the WBS, it is not in the project.c. The accumulation of the work in the WBS should be equal to the work of the project.d. All of the
The manufacturing company has added a new line for its electronic assembly business. This involves new technology to build printed circuit boards quicker and with fewer errors. They are anticipating this will allow them to make a greater type of products and improve the efficiency of their output.
Management Reserves are created for what?a. Known unknownsb. Unknown unknownsc. Management Reserved. Risk Management
In defining risk, it is more accurate that risk can be which of the following?a. Negative eventsb. Positive eventsc. Either a negative or positive eventd. Something that has already happened
The CEO of your company is considering entering a market that is relatively untested. If your company enters it successfully, the reward could be quite significant. If the entry fails, it could bankrupt the company. What would the CEO be considered?a. Risk-Averseb. Risk Seekerc. Risk-Neutrald. To
The Project Manager and the team have just completed determining what will be done if risk events happen and who will be responsible for executing those actions. Which of the following best describes what they have just completed?a. Risk Identificationb. Risk Response Planningc. Secondary Response
Which of the following is the best description of tools used for communication on a project?a. Communication Systemb. Instant Messaging Systemc. Information Distribution Planningd. Project Management Information System (PMIS)
The Project Manager is planning the project. He is meeting with project Stakeholders to determine their communication needs for the project. He is finding out what type of information they need, when it is needed, and in what format. What will he create as a result of this work?a. Team listb.
What can a Responsibility Assignment Matrix eliminate?a. Confusion about what order tasks come inb. Confusion about who is responsible for doing whatc. Confusion about how long the tasks ared. Confusion about who is on the team
A Project Manager is involved in Scope Definition. Which of the following is the most important item to perform?a. The list of preferred vendors for outsourcingb. The Work Breakdown Structure (WBS)c. Create it as quickly as possible to continue planningd. Verify that all key Stakeholders have
The customer has just attended the weekly staff meeting for the infrastructure project and has stated that the market is changing for the product being created. As a result of this change, the customer has requested a significant change to the project. The project is 85 percent complete. What does
The Internet project is about 65 percent complete and has had its challenges. As of the last status report, it appears to be on track regarding cost, schedule, and scope. Senior Management tells you that the Sponsor has some serious concerns about the project. You don’t understand why, based on
When creating a project management plan, which of the following is the best to create it?a. Project Managerb. Project Manager and teamc. Teamd. Sponsor
The Project Manager is in the process of meeting with various people who are impacted by his new project. He is attempting to find out what their needs are for the project as well as any constraints and assumptions that they might be aware of. At the same time, the Project Manager is beginning to
You are assigned to a new data warehouse project and notice on the Charter that there are four business units listed as Sponsors.The data warehouse system has been discussed at your organization for some time, but it’s everyone’s first exposure to implementing one. Which of the following could
Which of the following is an advantage of a Projectized Organization?a. Business unit competencyb. Optimization for a single focus on the projectc. Having to get approval from Functional Managementd. A place to go when the project is complete
Which of the following is the definition of program management?a. Managing of related or similar projects in a coordinated wayb. The process of computer program managementc. Managing a television programd. Done for a purpose
What is the main role of the Functional Manager?a. To control resourcesb. To manage the project when the Project Manager isn’t availablec. To define business processesd. To manage the Project Managers
What are the five processes used in the PMI methodology?a. Initiating, Planning, Executing, Monitoring and Controlling, Closingb. Initiating, Planning, Executing, Testing, Signoffc. Requirements, System Development, Testing, UATd. Initiating, Planning, Executing, Testing, Closure
Which of the following is the most important component of the Triple Constraint?a. Time then Scope then Costb. Quality then Time then Costc. Scoped. They are all of equal importance unless otherwise stated
Are you a government employee safeguarding our environment or food supply?
Does your company deliver ever-changing ways to enjoy music, movies, news, and other media?
Will your team pioneer bio-fuel-powered engines, ushering in a new era of energy sources to transform our petroleum-based civilization?
Are you an aid worker improving the quality and reliability of the water supply to a remote village?
You are a project manager within an organization that completes technical projects for other entities. You have plans to leave your company within the next month to launch your own consulting business, which will compete with your current employer. Your company is currently working on a large
While studying for your PMP exam, you are invited to participate in a study group. At your first meeting, another attendee announces that he has “real, live questions” from the PMP exam. What should you do?A. Examine the questions.B. Report the study group to PMI.C. Leave the study group.D. Ask
You are a project manager on a construction project. Your project needs an experienced mason to repair and restore an old chimney that the customer wants to keep as part of the project. Your brother, as it happens, is an expert at restoring historical chimneys, and you award the work to him. This
Your company does not allow project managers to accept gifts of any kind from vendors. A friend who you have known for years now works for a vendor that your company may be doing business with. Your friend from the vendor asks you to lunch to discuss an upcoming project, and you accept. When the
A PMP has been assigned to manage a project in a foreign country. What should be done to ensure that the project’s success is not hindered by the fact that the project manager is working in a foreign country?A. Teach the project manager about the customs and laws of the foreign country.B. Find a
You are the project manager for an information technology project. It has come to your attention that a technical problem has stopped the project work. How should you proceed?A. Measure the project performance to date and account for the cost of the technical problem.B. Rebaseline the project
A PMP has been assigned to manage a project in a foreign country. Which of the following describes the disorientation the PMP will likely experience as he gets acclimated to the country?A. The Sapir–Whorf hypothesis B. Time dimension C. Ethnocentrism D. Culture shock
Of the following, which one best achieves customer satisfaction?A. Completing the project requirements B. Maintaining the project cost C. Maintaining the project schedule D. Completing the project with the defined quality metrics
You are the project manager of a project in Asia. You discover that the project leader has hired family members for several lucrative contracts on the project. What should you consider?A. Cultural issues B. Ethical issues C. Organizational issues D. Political issues
A project team member is sabotaging your project because he does not agree with it. Which of the following should you do?A. Fire the project team member.B. Present the problem to management.C. Present the problem to management with a solution to remove the team member from the project.D. Present
You are completing a project for a customer in another country. One of the customs in this country is to honor the project manager of a successful project with a gift. Your company, however, does not allow project managers to accept gifts worth more than $50 from any entity. At the completion of
You are a project manager for your organization. Your project is to install several devices for one of your company’s clients. The client has requested that you complete a few small tasks that are not in the project scope. To maintain the relationship with the client, you oblige her request and
You are the project manager of the AAA Project. Due to the nature of the project, much of the work will require overtime between Christmas and New Year’s Day. Many of the project team members, however, have requested vacation during that week. What is the best way to continue?A. Refuse all

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PMP Project Management Professional Study Guide 1st Edition Joseph Phillips - Solutions

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