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project management for small projects

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

You are presented with the following table:What is the Ex$V for Risk Event 3?A.$135 B.-$300 C.$45 D.-$135 S Risk Event Probability Impact Cost/Benefit Ex$V 20 4000 .50 5000 3 .45 -300 + .22 222 500 35 4500
A table of risks, their probability, impact, and a number representing the overall risk score is called a ________________.A.Risk table B.Risk matrix C.Quantitative matrix D.Qualitative matrix
Which risk analysis provides the project manager with a risk ranking?A.Quantifiable B.Qualitative C.The utility function D.SWOT analysis
Which of the following describes SWOT?A.Analysis of strengths, weakness, options, and timing B.Analysis of strengths, weakness, opportunities, and threats C.An elite project team that comes in and fixes project risks and threats D.Ratings of 1 to 100
You are the project manager for a project that will create a new and improved web site for your company. Currently, your company has over eight million users around the globe. You would like to poll experts within your organization with a simple, anonymous form asking for any foreseeable risks with
Risk identification is considered to be ___________________. (Choose the best answer.)A.Iterative B.Self-led C.Mandatory D.Optional
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
When should risk identification happen?A.As early as possible in the initiation process B.As early as possible in the planning process C.As early as possible in the controlling process D.As early as possible in the execution process
Complete this sentence: a risk is a(n )_____________ occurrence that can affect the project for good or bad.A.Known B.Potential C.Uncertain D.Known unknown
_______________ include(s) fire, theft, or injury, and offer(s) no chance for gain.A.Business risks B.Pure risks C.Risk acceptance D.Life risks
The risks of financial gain or loss are called _________________.A.Business risks B.Financial risks C.Organizational risks D.Functional risks
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 be the same amount of time as the activities required by the scope
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
A person's willingness to tolerate risk is known as ________________.A.The utility function B.Herzberg's Theory of Motivation C.Risk acceptance D.The risk-reward ratio
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 seven percent error in production. The thicker plastic will cost more and require the production to
Which of the following is the output of risk management planning?A.Roles and responsibilities B.Operational transfer issues C.Risk response plan D.Risk management plan
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
Which of the following is not an input to risk management planning?A.The project charter B.Risk identification C.Defined roles and responsibilities D.WBS
Which one of the following means that communications occur?A.The transfer of knowledge B.The outputting of knowledge C.The presence of knowledge D.The transmission of knowledge
George is the project manager of the 7YH Project. In this project, George considers the relation between himself and the customer to be of utmost important. Which one of the following is a valid reason for George?s belief in the importance of the relationship between the customer and himself?A.The
The process of sending information from the project manager to the project team is called which of the following:A.Functioning B.Matrixing C.Blended communications D.Transmitting
Which one of the following is an output from performance reporting?A.Trend analysis B.EVM C.Variance analysis D.Change requests
Which one of the following will result in the most productive results when negotiating?A.Yielding B.Forcing C.Collaborating D.Compromising
You are the project manager for the PMU Project. Your project has 13 members. You have been informed that next week your project will receive the seven additional members you requested. How many channels of communications will you have next week?A.1 B.78 C.190 D.201
Often in project management 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
You are finalizing project completion. You will gather, generate, and disseminate project information.This is known as which one of the following?A.Project closure B.Project postmortem C.Administrative closure D.Operational transfer
Which one is not a filter for receivers of communication?A.Culture B.Conflict C.Knowledge D.Language
What percentage of a message is sent through nonverbal communications, such as facial expressions, hand gestures, and body language?A.Greater than 50 percent B.30 to 40 percent C.20 to 30 percent D.10 to 20 percent
Which one of the following is the method of analyzing project performance preferred in government projects?A.Communications management B.Management by walking around C.EVM D.Variance analysis
The three basic elements needed for communication in project management are A.Words, sentences, paragraphs B.Proper grammar, spelling, ideas C.Verbal, nonverbal, action D.Sender, receiver, message
You are the project manager for 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 prior
In your Communications Management Plan, you have detailed administrative closure. At what point will administrative closure take place?A.When the project is archived B.At the completion of each phase C.Only when the project is complete or cancelled D.As management sees fit
You are the project manager of the KMH Project. This project is slated to last eight years. You have just calculated EVM and have a CV of ?$3500. What type of report is needed for management?A.Progress report B.Forecast report C.Exception report D.Trends report
Of the following, which term describes the pitch and tone of an individual?s voice?A.Paralingual B.Feedback C.Effective listening D.Active listening
What does the following figure mean?A.It is a control chart to manage communications between the project manager and the project sponsor.B.It is a control chart to manageme communications between the project manager and Management.C.It is a variance chart to manage communications between the
Which one of the following can use EVM in its preparation for management?A.Status reports B.Trend reports C.Performance reports D.All of the above
A memo has been sent to you, the project manager, project team members, and the project customers from the project sponsor. In this instance, who is the encoder?A.Project sponsor B.Project manager C.Project team members D.Project customers
You are the project manager for the KLN Project. You had 19 stakeholders on this project. You have added three team members to the project. How many more communication channels do you have now than before?A. 171 B. 231 C. 60 D. 1
You are the project manager for the JGI Project. You have 32 stakeholders on this project. How many communications channels do you have?A. Depends on the number of project team members.B. 496 C. 32 D. 1
Which one of the following will help you, the project manager, complete the needed Communications Management Plan by identifying the stakeholders and their communication needs?A.Identification of all communication channels B.Formal documentation of all communication channels C.Formal documentation
You are the project manager for the LKH Project. Management has requested that you create a document detailing what information will be expected from stakeholders and to whom that information will be disseminated. Management is asking for which one of the following?A.Roles and responsibilities
Of the following, which one is an example of informal communications?A.Memos B.Presentations to groups C.Briefings D.Speeches
Of the following, which one is not an example of formal communications?A.Presentations to groups B.Ad hoc conversations C.Contractual agreements D.Presentations to management
What is the benefit of using a collocated team?A.The project team is dispersed so the team is self-led.B.The project team is dispersed so communication increases.C.The project team is in the same physical location so their ability to work as a team is enhanced.D.The project team is in the same
You are a project manager in a projectized organization. Your job as a project manager can be described best by which of the following?A.Full-time B.Part-time C.Expeditor D.Coordinator
Mike is the project manager for a project with a very tight schedule. The project is running late and Mike feels that he does not have time to consider all the possible solutions that two team members are in disagreement over. Mike quickly decides to go with the team member with the largest amount
Charles is the project manager for the WAC Project. The customer and a project team member are in conflict over the level of quality needed on a sampling. Charles decides to split the difference between what the two stakeholders want. This is an example of which of the following?A.. A win-win
Which of the following is an example of coercive power?A.A project manager that has lunch with the project team every Thursday.B.A project manager that will openly punish any team member who is late with an activity.C.A project manager that has worked with the technology on the project for several
You are the project manager for GHB Project. You have served as a project manager for your organization for the past ten years. Practically all of your projects come in on time and on budget. The project team has worked with you in the past and they consider you to be an expert project manager.They
You are the project manager for Industrial Lights Project. You have been hired by your organization specifically because of your vast experience with the technology and with projects of this nature. The project is aware of your experience. You likely have what type of power on this project?A.Formal
_______________ states that as long as workers are rewarded they will remain productive.A.McGregor?s Theory of X and Y B.Ouchi?s Theory Z C.Herzberg?s Theory of Motivation D.Expectancy Theory
Which theory believes that workers need to be involved with the management process?A.McGregor?s Theory of X and Y B.Ouchi?s Theory Z C.Herzberg?s Theory of Motivation D.Expectancy Theory
You are the project manager for the GBK Project. This project effects a line of business and the customer is anxious about the success of the project. Which of the following is likely not a top concern for the customer?A.Project priorities B.Schedule C.Cost D.Personality conflicts
Harold is a very outspoken project team member. All of the project team members respect Harold for his experience with the technology, but often things have to go in Harold?s favor or things do not go well. During a discussion on a solution, a project team member waves her arms and says, ?Fine,
Which problem-solving technique is the best for most project management situations?A.Confronting B.Compromising C.Forcing D.Avoidance
Susan is the project manager for the PMG Project. She makes all decisions on the project team regardless of the project team objections. This is an example of which of the following management styles?A.Autocratic B.Democratic C.Laissez faire D.Exceptional
Management has approached Tyler, one of your project team members. Tyler is a database administrator and developer, whose work is always on time, accurate, and of quality. He also has a reputation of being a ?good guy? and is well liked. Because of this, management has decided to move Tyler into
You are the project manager of the MMB Project. The president of the company has spoken to the project team and told them the confidence and respect he has in you to lead the project to a successful completion. The project manager has what type of power on this project?A.Formal power B.Coercive
You are the project manager of the PLN Project. The team members are somewhat ?afraid? of you as project manager because they see you as management. They know that a negative review from you about their project work will impact their yearly bonus. This is an example of which of the
Which of the following is an example of Theory X?A.Self-led project teams B.Micromanagement C.Team members able to work on their own accord D.EVM
Management has requested that you create a chart depicting all of the project resource needs and the associated activities. Management is looking for which type of chart?A.. A roles chart B.A roles matrix C.A roles and responsibilities matrix D.A Gantt chart
In your organization, management is referred to as coaches. As a project manager, you are referred to as a project coach. A human resource document should be created to handle this scenario. What should it cover?A.How coaches are separate from managers.B.How coaches are the same as managers.C.How a
You are the project manager of the PLY Project. This project is very similar to the ACT Project you have completed. What method can you do to expedite the process of organization planning?A.Use the project plan of the ACT Project on the PLY Project.B.Use the roles and responsibilities definitions
You are the project manager for the LMG Project. Your project will have several human resource issues that must be coordinated and approved by the union. Which of the following statements is correct about this scenario?A.The union is considered a resource constraint.B.The union is considered a
You are the project manager in an organization with a weak matrix. Who will have the authority on your project?A.The project manager B.The customer C.Functional management D.The team leader
You are the project manager of the PUY Project. This project requires a chemical engineer for seven months of the project although there are no available chemical engineers within your department. This is an example of which of the following?A.Organizational interfaces B.Staffing requirements
Your project requires an electrician at month eight. This is an example of which of the following?A.Organizational interfaces B.Staffing requirements C.Contractor requirements D.Resource constraints
You are the project manager for the JHG Project. This project requires coordination with the Director of Manufacturing, Human Resources, the IT department, and the CIO. This is an example of what type of input to organizational planning?A.Organizational interfaces B.Technical interfaces
In the following graphic, what does the highlighted area represent?A.Out of control data points B.In control data points C.Rule of seven D.Standard deviation
Mark is the project manager of the PMH Project. Quality audits of the deliverables show there are several problems. Management has asked Mark to create a chart showing the distribution of problems and their frequencies. Management wants which of the following?A.Control chart B.Ishikawa chart
You are the project manager of the Global Upgrade Project. Your project team consists of 75 project team members around the world. Each project team will be upgrading a piece of equipment in many different facilities. Which of the following could you implement to ensure the project team members are
Linda is the project manager of a manufacturing project. She and her project team are using design of experiments to look for ways to improve quality. Which of the following best describes the method Linda and her team are using?A.Design of experiments allows the project manager to move the
You are the project manager of the JKL Project. The project is having some flaws in its production.Which analysis tool will allow you to determine the cause-and-effect of the production faults?A.Flow chart B.Pareto diagram C.Ishikawa D.Control chart
Optimal quality is reached at what point?A.When the stakeholder accepts the project deliverable.B.When revenue from improvements equal the costs of conformance.C.When revenue from improvement equals the incremental costs to achieve the quality.D.When revenue from corrective actions equals the costs
You are the project manager for the KOY Project. This project requires quality that maps to federal guidelines. During a quality audit, you discovered that a portion of the project work is faulty and must be done again. The requirement to do the work is an example of which of the following?A.Cost
You are the project manager for the KOY Project. This project requires quality that maps to federal guidelines. To ensure that you can meet these standards, you have elected to send the project team through training specific to the federal guidelines your project must adhere to. The costs of these
In quality management, which of the following is not an attribute of the cost of nonconformance?A.Loss of customers B.Downtime C.Safety measures D.Rework
_________________ is a business philosophy to find methods to continuously improve products, services, and business practices.A.TQM B.ASQ C.QA D.QC
Which of the following is most true about quality?A.It will cost more money to build quality into the project.B.It will cost less money to build quality into the project process.C.Quality is inspection driven.D.Quality is prevention driven.
Management has asked you to define the correlation between quality and the project scope. Which of the following is the best answer?A.The project scope will include metrics for quality.B.Quality metrics will be applied to the project scope.C.Quality is the process of completing the scope to meet
A fishbone diagram is the same as a(n) ______________________ chart.A.Ishikawa B.Pareto C.Flow D.Control
You are the project manager of the Halogen Installation Project. As this project gets underway, you receive notice from the program manager that the organization will be moving to Kaizen technologies as part of its quality management program. What are Kaizen technologies?A.Small improvements for
Your company has elected to use ISO 9000 standards. What is an attribute of ISO 9000?A.It ensures your company follows its own quality procedures.B.It ensures that your company will follow the set phases in each project from initiation to closure.C.It ensures that your company maps its processes to
You are the project manager for a large manufacturer of wood furniture. Your new project is the Shop Table Project, which will be the creation and manufacturing of a new table for woodworkers to use in their wood shops. On this project you have elected to use JIT for scheduling. Which of the
QA is typically a(n) ____________________ process.A.Management B.Project manager C.Audit D.Inspection
QC is typically a(n) _________________ process.A.Management B.Project manager C.Audit D.Inspection
Which of the following is an example of internal failure cost?A.Rework B.Quality audits C.Random quality audits D.Project team training
You are the project manager for the ASE Project. This project must map to industry standards in order to be accepted by the customer. You and your team have studied the requirements and have created a plan to implement the deliverables with the appropriate level of quality. This process is called
You are the project manager for the Floor Installation Project. Today, you plan to meet with your project team to ensure the project is completed with no deviations from the project requirements. This process is which of the following?A.Quality planning B.Quality management C.Quality control
You are the project manager for the Photo Scanning Project. This project is similar to another project you have completed. Your project is to electronically store thousands of historical photos for your city's historical society. Quality is paramount on this project. Management approaches you and
You are the project manager for the BBB Project. Stacy, a project team member, is confused about what QA is. Which of the following best describes QA?A.QA is quality assurance for the overall project performance.B.QA is quality acceptance according to scope verification.C.QA is quality assurance
What type of chart is this?A.Control B.Pareto C.Scatter D.Flow
Which of the following is responsible for the quality of the project deliverables?A.Project champion B.Project team C.Stakeholders D.Customers
Of the following, which one is the most reliable source of information for estimating project costs?A.Historical information from a recently completed project B.An SME?s opinion C.Recollections of team members that have worked on similar projects D.Vendor?s white papers
You are the project manager for the Facility Installation Project. The project calls for 1500 units to be installed into a new baseball stadium. Your team wants to know why you have not assigned the same amount of time for the last 800 units as you had for the first five hundred units. You tell
You are the project manager of the Carpet Installation Project for a new building. Your BAC is$600,000. You have spent $270,000 of your budget. You are now 40 percent done with the project, though your plan called for you to be 45 percent done with the work at this time. What is your CPI?A. 100 B.
You are the project manager of the Carpet Installation Project for a new building. Your BAC is$600,000. You are now 40 percent done with the project, though your plan called for you to be 45 percent done with the work at this time. What is your earned value?A. $240,000 B. $270,000 C. $30,000 D.
Your project has a budget of $130,000 and is expected to last ten months, with the work and budget spread evenly across all months. The project is now in month three, the work is on schedule, but you have spent $65,000 of the project budget. What is your variance?A.$65,000 B.$39,000 C.$26,000
You are the project manager of the LKG Project. The project has a budget of $290,000 and is expected to last three years. The project is now ten percent complete and is on schedule. What is the BAC?A.$29,000 B.$290,000 C.$96,666 D.$9,666
You are the project manager for the Hardware Inventory Project. You have a piece of equipment that was purchased recently for $10,000 and is expected to last five years in production. At the end of the five years the expected worth of the equipment is $1,000. Using straight-line deprecation, what

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