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project management for small projects
PMP Project Management Professional Study Guide 1st Edition Joseph Phillips - Solutions
You are the project manager of the 12BA Project. You have completed the project according to the design documents and have met the project scope. The customer agrees that the design document requirements have been met; however, the customer is not pleased with the project deliverables and is
You are the project manager of the PMH Project. You have been contracted to design the placement of several pieces of manufacturing equipment. You have completed the project scope and are ready to pass the work over to the installer. The installer begins to schedule you to help with the
As a contracted project manager, you have been assigned a project with a budget of U.S. $1.5 million.The project is scheduled to last seven months, but your most recent EVM report shows that the project will finish ahead of schedule by nearly six weeks. If this happens, you will lose $175,000 in
You are the project manager of the LKH Project. This project must be completed within six months, but after two months, the schedule has begun to slip. As of now, the project is one week behind schedule. Based on your findings, you believe you can make some corrective actions and recover the lost
You are the project manager for the PMH Project. Three vendors have submitted cost estimates for the project. One of the estimates is significantly higher than similar project work in the past.In this scenario, you should do which of the following?A. Ask the other vendors about the higher estimate
You are the project manager for the Log Cabin Project. One of your vendors is completing a large portion of the project. You have heard a rumor that the vendor is losing many of its workers because of labor issues. In light of this information, what should you do?A. Stop work with the vendor until
PMI has contacted you regarding an ethics violation of a PMP candidate. The question is in regard to a friend who said he worked as project manager under your guidance. You know this is not true, but to save a friendship, you avoid talking with PMI. This is a violation of which of the following?A.
You are the project manager of the SUN Project. Your organization is a functional environment, and you do not get along well with the functional manager leading the project. You are in disagreement with the manager about how the project should proceed, the timings of the activities, the suggested
One of your project team members reports that he sold pieces of equipment because he needed the money to pay for his daughter’s school tuition. He says he has paid back the money by working overtime without reporting the hours worked so that his theft remains private. What should you do?A. Fire
You are about to begin negotiations on a new project that is to take place in another country.Which of the following should be your guide on what business practices are allowed and discouraged?A. The project charter B. The project plan C. Company policies and procedures D. The PMI Code of Ethics
You are the project manager for the BNH Project. This project takes place in a country different from yours. The project leader from this country presents a team of workers who are all from his family. You should do which one of the following?A. Reject the team leader’s recommendations and
You are the project manager of the JKN Project. The project customer has requested that you inflate your cost estimates by 25 percent. He reports that his management always reduces the cost of the estimates, so this is the only way to get the monies needed to complete the project. Which of the
You are the project manager of a new software development project in your company. Your company operates in a matrix environment and utilizes a project management office to structure projects. This current project has 78 stakeholders and will last for 18 months. Sam, one of the project
Stakeholder engagement is key to a successful project, so you and the project team have created a stakeholder management plan that includes many different methods for engaging stakeholders.As part of your plan, you should also reference what other project management plan component?A. Project
As a project manager, you must use multiple types of communication with stakeholders to keep them engaged with the project work. All the following are types of communications that are related to stakeholder engagement except for which one?A. Pull communications B. Push communications C. Interactive
Your project sponsor has requested that you find a software package to serve as a central repository for all project information. They’d like for the software to capture, store, and provide data analysis on key performance metrics. The software should be able to help complete reports, analyze
You are the project manager for your organization and you’re serving as a coach for several junior project managers. You’re currently reviewing the inputs for monitoring stakeholder engagement with your project team. The team members are confused about some of the inputs needed for monitoring
You are the project manager for your company. Your project sponsor has asked you to include interactive communications as part of your stakeholder management plan. Which one of the following best illustrates the concept of interactive communications in stakeholder management?A. Sending e-mail
You are the project manager for your organization, and you’ve contracted two organizations to complete parts of the project. The project requires that these two different companies work together on parts of the project. One of the vendors will need to install network cables throughout a building,
You are the project manager of the JNH Project for your company. This project is scheduled to last 18 months and will affect 435 stakeholders in your organization. The project has sensitive information that only certain stakeholders should have access to, so you’ve created a plan for
One of the tools you’ll have to use as a project manager in the stakeholder management knowledge area is management skill. Management skills help you organize stakeholder concerns and keep the project moving forward. All the following are examples of management skills except for which one?A.
You are the project manager of a large project that will affect how your organization accepts and processes orders from customers. Many of the stakeholders have strong opinions about the project and how it should proceed. Thomas, the manufacturing manager, and Jane, the sales manager, have been in
Marvin is the project manager of a new project for his company. He’s been working with the project team and the project sponsor to keep the stakeholders engaged. As part of this process, Marvin will need four inputs to stakeholder engagement. Which one of the following is not one of the inputs
Steve is the project manager of a new project that will affect 4534 people in his organization.Some of the stakeholders are not happy about the project, but they understand the need for the project work. How should Steve manage these unhappy but compliant stakeholders?A. Ignore their complaints.B.
You are the project manager of a large project in your company. Your project has been in motion for three months, and you’re about to move into the first phase of project execution. Your sponsor calls to report that you’ve apparently overlooked some stakeholders during the project’s planning
Sam is the project manager of the GHQ Project for his company, and he’s recently discovered a scheduling conflict with two of the vendors on the project. Sam knows that the conflict will likely cause a two-week delay in the completion of the project. What should Sam do?A. Report the problem to
You are a project manager for your company and you’ve just created the project’s stakeholder management plan. This plan is based on organizational process assets and enterprise environmental factors that you’re required to use in the project. The stakeholder management plan includes all the
Morgan is the project manager of a web site creation project for a client. Some employees at the client’s site are excited about the change and they are helpful with Morgan’s plan for the new web site design. In the stakeholder management plan, Morgan has identified the tactics for managing the
What is the purpose of the stakeholder management plan?A. To convert all stakeholders to positive, supportive stakeholders B. To identify the stakeholders who are opposed to the project C. To manage the stakeholders’ attitudes toward the project D. To communicate with the stakeholders about the
You are the project manager of a large software deployment project for your organization.This project will replace the operating systems on the computers of all employees. Many of the employees are in favor of this change in operating systems, while others are not. As part of your plan, you
You are the project manager of a large software deployment project for your organization.This project will replace the operating systems on the computers of all employees. Many of the employees are in favor of this change in operating systems, while others are not. As part of your plan, you
Harold is the project manager for a large construction project his company is completing for a client. This project has internal and external stakeholders, including members of the community who are opposed to the project, although it has been approved by the city. Harold is preparing to create a
Mike is the project manager of a new software deployment project that will affect 3235 people in his organization. He’s communicated the deployment and explained the effect the software will have on the organization, and his plan includes training for the end users. Some of the stakeholders,
You have been working on a new project that will affect your entire organization of 1233 people.You and the project team know that you should create a stakeholder register for the stakeholders, but is it necessary to create 1233 entries in this register?A. Yes; all stakeholders should be
You are the project manager for a software development project for your company. This project will create a web-based application that will enable users to create maps for different hiking trails in North America. You’ll be working with developers who are employees of your company and developers
Beth is the project manager of a new construction project for her organization’s client. This project will construct a new bridge in a major thoroughfare in her city. Beth is preparing for stakeholder identification because she wants to capture all the internal and external stakeholders who may
You are the project manager of the Server Update Project for your organization. This project has 543 stakeholders, many of which are end users. Some of the end users are critical of the server update because they’re concerned about where the data is stored, how they’ll access the data in the
You are the project manager for a seller, but you are managing another company’s project as well.Things have gone well on the project, and the work is nearly complete. There is still a significant amount of funds in the project budget. The buyer’s representative approaches you and asks that you
Within your organization, all project managers are required to document the performance quality ratings, delivery performance, and contractual compliance of each vendor with which they interact. This is known as what?A. A requirement B. A seller rating system C. Procurement selection D. An
A key component of the project procurement management knowledge area is the actual seller selection. Seller selection is based on many inputs and enterprise environmental factors by which the project manager must abide. From a PMP candidate’s perspective, in what process group does source
In your organization, all project procurement must pass through a centralized contracting office.All correspondence between you and the vendors must be recorded and stored as part of the procurement records management system. These rules also provide instructions for the project’s procurement
Martha is the project manager of the MNB Project. She wants a vendor to offer her one price to do all of the detailed work. Martha needs to prepare which type of document?A. A request for proposal B. A request for information C. A proposal D. An invitation for bid
Henry has sent the ABN Contracting Company a letter of intent. This means which one of the following?A. Henry intends to sue the ABN Contracting Company.B. Henry intends to buy from the ABN Contracting Company.C. Henry intends to bid on a job from the ABN Contracting Company.D. Henry intends to
Thomas is the project manager for his organization, and he is preparing the procurement process for his project. Several enterprise environmental factors and organizational process assets assist Thomas in making the vendor selection. In the enterprise environmental factors are several evaluation
A project manager is considering the marketplace and how it may affect the pricing on the procured portion of her project. She determines that in her market, there is only a single-source seller. A single-source seller means what?A. There is only one qualified seller.B. There is only one seller the
A contract between an organization and a vendor may include a clause that penalizes the vendor if the project is late. The lateness of a project has a monetary penalty. Thus, the penalty should be enforced or waived based on which one of the following?A. Whether the project manager could have
You are the project manager of a project that will span six years in Columbus, Ohio. You are negotiating with your project customer for considerations for inflation, cost of utilities, and other cost factors that will likely fluctuate over the course of the project. What type of contract should
You are the project manager for a software development project for an accounting system that will operate over the Internet. Based on your research, you have discovered it will cost you $25,000 to write your own code. Once the code is written, you estimate you’ll spend $3000 per month updating
Mary is the project manager of the JHG Project. She has created a contract statement of work(SOW) for a vendor. All of the following should be included in the contract SOW except for which one?A. The items being purchased B. The signatures of both parties agreeing to the SOW C. The expected quality
Benji is the project manager of the PLP Project. He has hired an independent contractor for a portion of the project work. The contractor is billing the project $120 per hour, plus materials.This is an example of which one of the following?A. Cost plus fixed fee B. Time and materials C. Unit price
Bennie is the project manager for his company and he’s working with his project stakeholder to determine the pros and cons of the different contract types for a portion of his project. Of the following contract types, which one requires the seller to assume the risk of cost overruns?A. Cost plus
Sammy is the project manager of the DSA Project. He is considering proposals and contracts presented by vendors for a portion of the project work. Of the following, which contract is least dangerous to the DSA Project?A. Cost plus fixed fee B. Cost plus percentage of cost C. Cost plus incentive fee
You are the project manager for a company that completes the installation of electrical fixtures in manufacturing environments. Part of your typical contractual agreement included coverage of intellectual rights and privity. Privity is what?A. The relationship between the project manager and a
You are a project manager for your organization and are progressing through the procurement management processes. Who should receive the procurement document package?A. Your client B. Your project sponsor C. Your accounting/finance department D. Each seller that will participate in the bidding
Bonnie is the project manager for the HGH Construction Project. She has contracted a portion of the project to the ABC Construction Company and has offered a bonus to ABC if they complete their portion of the work by August 30.This is an example of which one of the following?A. A project
Terry is the project manager of the MVB Project. She needs to purchase a piece of equipment for her project. The accounting department has informed Terry that she needs a unilateral form of contract. Accounting is referring to which of the following?A. The SOW B. A legally binding contract C. A
You are the project manager of the HHQ Project for your company. You have hired a vendor to complete a portion of the project, but the vendor doesn’t seem to have met the project requirements as defined in the contract. You have tried alternative dispute resolutions to no avail, and you think the
Yolanda has outsourced a portion of the project to a vendor. The vendor has discovered some issues that will influence the cost and schedule of its portion of the project. How must the vendor and Yolanda update the agreement?A. As a new contract signed by Yolanda and the vendor B. By submitting the
The WBS and the WBS dictionary can help a project manager plan for purchases and acquisitions.Which one of the following best describes this process?A. The WBS defines the specific contracted work.B. The WBS defines the requirements for the specific contracted work.C. The WBS defines the specific
You are the project manager for the 89A Project. You have created a contract for your customer.The contract must have which two things?A. An offer and consideration B. Signatures and the stamp of a notary public C. The value and worth of the procured item D. A start date and an acceptance of the
As a PMP candidate, you must understand the provisions of project procurement even if your typical projects do not include procurements. Based on the information in this chapter, a contract cannot have provisions for which one of the following?A. A deadline for the completion of the work B. Illegal
You are the project manager of the GHY Project for your organization. A portion of this project includes dangerous work; although members of the project team could likely complete the work, your sponsor doesn’t want to accept the risk. In this situation, which of the following may be used as a
Gary is a project manager for his organization and he’s evaluating the risks within his project.Some of the risk events have a high impact, while other risk events have a low probability. In this project, many risks have high-risk impact scores but an overall low-risk score. How is this
Which of the following can determine multiple scenarios, given various risks and the probability of their impact?A. Decision trees B. Monte Carlo simulations C. Pareto charts D. Gantt charts
What can a project manager use to determine whether it is better to make or buy a product?A. A decision tree analysis B. A fishbone model C. An Ishikawa diagram D. An ROI analysis
You are presented with the following table:What would Risk 6 be based on the following information: Marty is 60 percent certain that he can get the facility needed for $45,000, which is $7000 less than what was planned for?A. .60, 45,000, 27,000 B. .60, 52,000, 31,200 C. .60, 7000, 4200 D. .60,
A project manager and the project team are actively monitoring the pressure gauge on a piece of equipment. Sarah, the engineer, recommends a series of steps to be implemented should the pressure rise above 80 percent. The 80 percent mark represents what?A. An upper control limit B. The threshold C.
The water sanitation project manager has determined that the risks associated with handling certain chemicals are too high. He has decided to allow someone else to complete this portion of the project, so he has outsourced the handling and installation of the chemicals and filter equipment to an
You are presented with the following table:Based on the preceding numbers, what is the amount needed for the contingency fund?A. Unknown with this information B. $249,000 C. $117,150 D. $15,750 Risk Event 1 2 Probability 35 .40 3 45 4 30 5 35 Impact Cost/Benefit -$4000 $50,000 -$300,000 $50,000
You are presented with the following table:What is the EMV for Risk Event 3?A. $135 B. –$300 C. $45 D. –$135 Impact Cost/Benefit EMV Risk Event 1 .20 Probability -4000 2. .50 5000 3 45 -300 4 .22 500 5 .35 5 -4500
A table of risks, their probability, their impact, and a number representing the overall risk score is called a _______________.A. Risk table B. Probability and impact matrix C. Quantitative matrix D. Qualitative matrix
You are the project manager of the GLI Project for your organization. Your project sponsor has asked that you use an approach to measure the probability and impact of the risk events and then to rank the events accordingly. Which risk analysis provides the project manager with a risk ranking?A.
As a PMP candidate, you must be familiar with the different approaches to risk identification.One approach is called SWOT. Which of the following describes SWOT?A. An analysis of strengths, weakness, options, and timing B. An analysis of strengths, weakness, opportunities, and threats C. An elite
You are the project manager for a project that will create a new and improved web site for your company. Currently, your company has more than 8 million users around the globe. You would like to poll experts within your organization with a simple, anonymous form asking about any foreseeable risks
You are the project manager of the HNN Project and you’re working with the project stakeholders, including the project team and the project sponsor, to identify risks within the project. You have identified an opportunity that the organization could take advantage of as an additional revenue
You are the project manager of the KLJH Project. This project will last two years and has 30 stakeholders. How often should risk identification take place?A. Once at the beginning of the project B. Throughout the execution processes C. Throughout the project D. Once per project phase
Risk identification is an iterative process in the project and requires participation from the project manager, the project team, and other key stakeholders. Because of the nature of risk, when should risk identification happen?A. As early as possible in the initiation process B. As early as
Complete this sentence: A project risk is a(n) _______________ occurrence that can affect the project for good or bad.A. Known B. Dangerous C. Uncertain D. Known-unknown
An understanding of the different types of risk events can help the project manager work better with the enterprise environmental factors and the organizational process assets that affect the risk management in a project. Based on this information, a _______________ include(s) fire, theft, or
You are the project manager of your organization, and you’re working with your project team and the project stakeholders to identify the risks within the project. Some of the risks have not yet happened, and some of the risks are already issues. You tell the project team that all risks must be
The customers of the project have requested additions to the project scope. The project manager brings notice that additional risk planning will need to be added to the project schedule. Why?A. The risk planning should always take the same amount of time as the activities required by the scope
As a project manager, you must understand the components of an identified risk, a risk response, a risk trigger, risk thresholds, and issues. A risk trigger is also called which of the following?A. A warning sign B. A delay C. A cost increase D. An incremental advancement of risk
Hans is a project manager for his organization, and he’s working with his sponsor to identify the organization’s risk tolerance. Understanding the risk tolerance and any associated enterprise environmental factors will help Hans and the project team plan for risk responses. An organization’s
You are the project manager of the GHK Project. You and the manufacturer have agreed to substitute the type of plastic used in the product to a slightly thicker grade should there be more than a 7 percent error in production. The thicker plastic will cost more and require a production slowdown, but
You are the project manager of the HQQ Project, and part of your requirement in this role is to create a risk management plan. Which of the following is not part of a risk management plan?A. Roles and responsibilities B. Methodology C. Technical assessment board compliance D. Risk categories
Frances is the project manager of the LKJ Project. Which of the following techniques will she use to create the risk management plan?A. Risk tolerance B. Status meetings C. Planning meetings D. Variance meetings
Beth is the project manager for her company, and Marty, her supervisor, is concerned with the possibility of Beth accepting one of the project risks. Beth explains that this risk should be accepted within the project. When is it appropriate to accept a project risk?A. It is never appropriate to
Betty is the project manager for her organization and she’s currently managing the HGF Project.Her project has 45 stakeholders in two different time zones. According to the communications model, which one of the following means that communications occur when Betty communicates with the project
George is the project manager of the 7YH Project. In this project, George considers the relationship between himself and the customer to be of utmost importance. Which one of the following is a valid reason for George’s belief in this?A. The customer will complete George’s performance
As a PMP candidate, you must be familiar with the project communication processes, the communications model, and the terminology associated with communications. For instance, the process of sending information from the project manager to the project team is called what?A. Functioning B. Matrixing
Sam is the project manager of the AZA Project for your company, and he is required to use earned value management in the project. Management has created performance targets for CPI and SPI based on the project team’s overall performance in the project. Sam must follow the enterprise environmental
You are the project manager of the NH Project for your company, and you’re required to use earned value management in the project. The outcomes of earned value management contribute to the requirements and targets for performance reporting. Performance reporting should generally provide
You are the project manager for the PMU Project. Your project team has 13 members. You have been informed that next week your project will receive the 7 additional members you requested.How many channels of communication will you have next week?A. 1 B. 78 C. 190 D. 201
Often as a project manager you will have to negotiate. Negotiations work best in which environment?A. Caution and yielding B. Sincerity, honesty, and extreme caution C. Mutual respect and admiration D. Mutual respect and cooperation
Why should a project team complete lessons learned documentation?A. To ensure project closure B. To show management what they’ve accomplished in the project C. To show the project stakeholders what they’ve accomplished in the project D. To help future project teams complete their projects more
One of the organizational process assets that your project communications management plan must address is the concept of lessons learned documentation. When does lessons learned identification take place?A. At the end of the project B. At the end of each project phase C. Throughout the project life
Your project team relies on telephone calls and e-mails to communicate information on a daily basis. As the project manager, you’d like to see more interactive, face-to-face meetings for project team members that are located in the same geographical area. A team member asks why, and you say
Your project is slated to last three years and will include stakeholders from four countries. In this project, you’ll rely on teleconferencing and web collaboration software to reduce the travel costs throughout the project life cycle. Based on this information, which one of the following is a
As a PMP candidate, you must be familiar with the communication model and the structure of communication in a project. The three basic elements needed for communication in project management include which of the following?A. Words, sentences, paragraphs B. Proper grammar, spelling, ideas C. Verbal,
You are the project manager for the OOK Project. You will be hosting project meetings every week. Of the following, which one is not a valid rule for project meetings?A. Schedule recurring meetings as soon as possible.B. Allow project meetings to last as long as needed.C. Distribute meeting agendas
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