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strategic management 5th

Certified Associate In Project Management CAPM Exam Official Cert Guide 1st Edition Vijay Kanabar , Arthur Thomas , Thomas Lechler - Solutions

What type of chart highlights how much work is left to complete in a sprint?a. Burndown chartb. Velocity chartc. Cumulative flowchartd. Burnup chart
Which of the following is considered a condition of uncertainty, one element of which is the number of involved stakeholders and/or organizations?a. Complexityb. Opportunityc. Threatd. Volatility
Which of the following formulas is used to calculate risk severity?a. Risk Severity = Knowns × Probabilityb. Risk Severity = Impact × Probabilityc. Risk Severity = Impact × Unknownsd. Risk Severity = Probability + Impact
In which prioritization technique are stakeholders given a fixed quantity of indicators with which they can rank feature priority by assigning a quantity of indicators to a feature?a. Simple schemeb. MoSCoW prioritization schemec. Dot voting or multivoting schemed. Monopoly money schemee. Stack
Which of the following frameworks uses color coding to indicate team size, criticality, and priority?a. FDDb. DSDMc. SoSd. Crystal
Which of the following situations describes an Agile Release Train?a. Multiple scrum teams organized in a continuous format known as SoSoSb. Multiple agile teams, consisting of 50 to 125 people, working on a productc. Large-scale projects with variable sprint durationsd. An adaptive project that
The Kanban framework assumes that you will use a whiteboard, a chalkboard, or a software-based board representation of such a board to show which of the following?a. The status of team members in terms of whether they are available for work in progressb. The amount of time it is taking to complete
Which framework considers functionality to be a variable constraint?a. FDDb. DSDMc. SoSd. Crystal
Lean is the foundation for which two popular agile frameworks?a. Extreme Programming and Scrumb. Scrum and Kanbanc. Kanban and Feature-Driven Developmentd. Crystal and Kanban
Which framework involves the delivery of client-valued functionality in short iterations from a prioritized list?a. FDDb. DSDMc. SoSd. Crystal
Which framework provides a toolkit to enable large-scale delivery across “process blades” in an organization?a. SAFe®b. DSDMc. DAd. SoS
The phrase “Four eyes are better than two” is likely to refer to which activity in XP?a. Refactoringb. Collective code ownershipc. Code reviewd. Pair programming
Delay, waiting time, time spent in a queue, producing more than is needed, overprocessing, and undertaking non-value-adding activity are all examples of _________.a. value streamingb. Lean activityc. wasted. timeboxing
Which of the following properly describes the Scrum approach?a. Development occurs in sprints that are variable in length.b. There should be no time limits on various events because limits suppress the creativity of the team.c. Development occurs in sprints of fixed length.d. Priorities of the
If the business analysis team presently has two members, is working on three deliverables, and has a WIP limit of five, then you could say that _____.a. the team is overloaded with workb. the team can still accept two more deliverables to work on at the same timec. there are not enough team members
If you are in a large-scale environment and you build incrementally with fast, integrated learning cycles, base milestones on the objective evaluation of working systems, visualize and limit work in progress, reduce batch sizes, and manage queue lengths, you are likely using which of the following
Product backlog increment is the term used to describe which of the following?a. The working product created during a sprintb. The work that has yet to be donec. The amount of estimated time it could take to complete the work yet to be doned. The interval of time between completed products
What core practice of XP eliminates the need to test whether a system’s individual modules will work properly with each other after coding of the modules is completed?a. Refactoringb. Test-firstc. Continuous integrationd. Ten-minute build
In which framework does a team develop user stories that are then managed using kanban boards to control for WIP limits?a. ScrumKanb. Scrumc. Kanband. ScrumBan
Removing non-value-adding steps and focusing on essential value-adding or value-enabling steps is one of the steps in a technique known as value streaming, which is part of the concept of _________.a. FDDb. Kanbanc. Scrumd. Lean
In Scrum, a business analyst, systems analyst, programmer, quality assurance specialist, and anyone else who plays a role in delivering a software system are known as the ________.a. developersb. scrum mastersc. product ownersd. stakeholders
Which critical concept of XP involves reusing and reorganizing existing code, removing duplicate code, and increasing cohesion rather than developing from scratch?a. Refactoringb. Collective code ownershipc. Code reviewd. Pair programming
When describing the culture of an adaptive project team, which of the following best describes empowerment?a. Project team members who feel like they are allowed to make decisions about the way they work perform better than those who are micromanaged.b. Project teams that are able to adapt the way
If you are in the midst of a retrospective for your adaptive project, it is likely that you have already done which of the following?a. Created a high-level view of the product requirements and delivery time frameb. Closed the project or phasec. Refined the backlogd. Delivered benefits
An approach to adaptive project estimation requires that a user story be evaluated according to complexity, size, and which third attribute?a. Uncertaintyb. Timec. Scoped. Cost
In which way does a team charter in an adaptive project differ from a project charter in a predictive project?a. The team charter defines a clear project vision and a high-level stakeholder identification.b. The team charter emphasizes the protocols and behaviors of the team members, not the
The term servant leadership refers to which concept?a. The project manager is committed to following the collective requests of the adaptive team in order to reach its vision for a successful outcome.b. The project manager is focused on recruiting and onboarding a second level of junior team
Your boss has assigned you the Widget Development Project and has reminded you that, in your organization, it is normal that expectations will change several times throughout the project, and you should account for that in your project administration. You will likely then choose which type of
In the Agile Manifesto, the principle “Responding to change or following a plan” means that the adaptive mindseta. Is focused on making sure that the customer is satisfied with the end product, even if the original project plan was not followed in every detail.b. Allows the project team to
Which term refers to a shared understanding within a development team of what it takes to make the user story, feature, or product incrementable so it can be released?a. Story pointsb. Definition of donec. Retrospectived. Quality points
If your project schedule is based on fixed milestones, and your stakeholders are insistent that these milestone dates are critical because many external arrangements are being made for the launch of your deliverable, which project approach should you choose?a. Conservative approachb. Predictive
Adaptive projects tend to operate best whena. Team members are set up to perform more than one roleb. Team members are set up to perform only one clear rolec. Team members are guided step by step by the team leaderd. Team members are limited in the degree of input in order to limit confusion
Before you can create a product release plan in an adaptive project, which of the following needs to have already been created?a. Product backlogb. Iteration planc. Daily task pland. Product vision document
Your project team in product design consists mostly of junior members of the organization who are enthusiastic about working together but have had little exposure to the issues that are typically involved with sensitive equipment design. Which type of project approach would be most successful with
The degree of stability of a project’s scope is a consideration that is a part of which criteria group for determining the project management approach?a. Project basedb. Organization basedc. User basedd. Result based
If a project team is made up of members who each have exceptional expertise in a particular area but are also able to provide some assistance in most other areas of the project, what would be the structure of this team?a. U-shapedb. T-shapedc. L-shapedd. V-shaped
In your project, you establish a first phase in which tasks can be easily defined, estimated, and executed; a second phase in which tasks take the form of four iterations; and a third phase that has a very specific and critical sequence leading to a product launch.This most likely means that you
You establish a procurement contract with a vendor that allows the vendor to invoice you for the quantity of hours worked as well as the equipment provided, both of which you assume will likely include some margin of profit for the vendor. Your contract is known as which of the following?a.
The finished work on one of your projects to date is 30%. You can calculate that planned value = US$1,000,000; actual cost =US$850,000; EV = US$900,000; CV = US$900,000 –US$850,000 = +US$50,000; and SV = US$900,000 –US$1,000,000 = –US$100,000. Which of the following statements is correct in
You have issued a procurement solicitation document that asks vendors to provide their suggested approach to developing a water treatment facility for a small town, their own specifications for that treatment facility, and a range of possible costs for it.Which type of solicitation document have
When we say that a project manager must manage project integration, what do we really mean?a. Project teams are often considered to be an outlying part of an organization, especially teams that are outsourced as contracted resources. The project manager must consciously act to ensure that the
You have issued a procurement solicitation document that asks vendors to state their price to provide and install water treatment filter model 227-FQP23 from Bosch Filters, Limited, for a water treatment facility for a small town. Which type of solicitation document have you issued?a. RFIb. RFQc.
A graph that shows the behavior of a process over time and whether or not it is stable and within expectations is called which of the following?a. Risk registerb. Gantt chartc. Control chartd. Ishikawa chart
The formula L = N × (N – 1) / 2 describes what phenomenon that every project manager should understand in order to take action to preserve the proper functioning of their project?a. The ratio of completed work to planned work is dependent upon the rate of completion of the planned work divided
You have established a contract with a construction vendor. A representative at the business told you this morning that the company is being acquired by a well-known larger construction firm, and this firm will continue to carry out all existing contracts.You’ve decided that this will not impact
The sum of all project-related benefits minus the sum of all project-related costs would be a good formula for calculating:a. The project’s earned valueb. The project’s business valuec. The cost of qualityd. The project’s budget at completion
You have established a contract with a construction vendor that includes a 5% decrease in contract payments for each week that the construction is delayed beyond the agreed-upon project completion date. Which approach to risk management are you using?a. Acceptingb. Mitigatingc. Avoidingd.
You would like Rahul Patel, your organization’s vice president for product marketing, to actively participate in your project to develop a new customer information system. You have determined that the best way to do so is to hold a workshop for him and the other vice presidents, to walk through
Ensuring that stakeholders accept and are satisfied with the project deliverables is a part of which Project Performance Domain?a. Development Approach and Life Cycle Domainb. Stakeholder Performance Domainc. Project Work Performance Domaind. Project Delivery Performance Domain
Conducting appropriate communication with stakeholders is a part of which project performance domain?a. Development Approach and Life Cycle Domainb. Stakeholder Performance Domainc. Project Work Performance Domaind. Project Delivery Performance Domain
You have established a contract with a construction vendor who met with you this morning to introduce you to the CEO of the large construction company that now owns your vendor. At the meeting, you learned that the CEO has a corporate partner who is very interested in your company’s services and
WP Trip Return 4.1 Dismantle Camping Equipment 4.2 Dismantle Fireplace 4.3 Pack Cooking and Camp Equipment
WP Nature-Themed Activities 3.1 Activity Day 1 3.2 Activity Day 2 3.3 Activity Day 3 3.4 Activity Day 4 3.5 Activity Day 5
WP Camp Operations 2.1 Assemble Kitchen 2.2 Cooking Assignment 2.3 Post Daily Menu 2.4 Clean Up Kitchen and Dispose Garbage
WP Equipment 1/1 Set Up Camping Equipment 1/2 Set Up Tent (see Figure 5-13)
Which combination of factors suggests that a predictive, planbased approach is the best way to structure a project?a. The organization has never encountered the need for these deliverables before, and the expected cost and time to complete are really not the priority; instead, the sponsor has said
Which project schedule compression concept suggests that the project manager should look for opportunities to start selected activities in parallel, even though other activities may not yet be fully planned?a. Crashingb. Fast trackingc. Scope reductiond. Quality reduction
The main reason for establishing a project baseline is to:a. Enable tracking of the project actuals to the project plan.b. Determine the lowest possible cost for the project.c. Provide a list of key stakeholders and the specific degree of their support for the project.d. Document a possible set of
Which parameter of earned value analysis indicates to a project manager that the project’s present timeline is different from the timeline that was originally planned?a. Estimate to complete (ETC)b. Cost performance index (CPI)c. Schedule variance (SV)d. Earned value (EV)
Last week, you received an email from the company’s product engineer, Lianying, indicating that their team had decided to reengineer the power systems in the new cooking appliance that was developed. Your project is intended to establish the assembly line to manufacture that appliance and is
What Process Groups mentioned in Process Groups: A Practice Guide can you use to tailor and create your own project management life cycle?a. Initiating, Budgeting, Scheduling, Testing, and Deploymentb. Market Study, Product Design, Product Build, Product Launch, and Product Improvementc. Planning,
Which process results in a list of work packages and necessary activities that are organized in a functional decomposition hierarchy?a. Collect the requirements and define the scope statement.b. Create a WBS.c. Define and sequence activities.d. Estimate effort, duration, and resources.e. Identify
Which parameter of earned value analysis tells a project manager how much of the project’s overall budget to date is represented by the amount of work that has been completed to date?a. Estimate to complete (ETC)b. Cost performance index (CPI)c. Schedule variance (SV)d. Earned value (EV)
During the last project status meeting, the team lead, Polonia, reported that they had read an article stating that your supplier of lab test equipment was acquired by a larger pharmaceutical firm that happens to be your competitor. Your team was just about to send out a purchase order for that
The process in which a project team interacts with stakeholders to determine the specific nature of the deliverables is:a. Collect requirements and define the scope statement.b. Create a WBS.c. Define and sequence activities.d. Estimate effort, duration, and resources.e. Identify the critical path.
Your project has been under way for about 2 months of a total 18-month timeline. At lunch one day, a colleague mentions that Ranga, a lead operations manager, has complained to a few people that they aren’t sure what’s going on with the project, and it could be way off track. You take note of
You are a project manager for a financial services company, and you have just been given the authorization to begin a project that will eventually provide a new set of customer financial products.The sponsor and key stakeholders have signed off on the project charter. Your ability to now create
Your senior electrical engineer has told you that a team of two electrical installers can typically install 50 meters of electrical conduit in a framed building in 7 hours. With that information, which of these estimation techniques can you best use?a. Analogous estimationb. Parametric estimationc.
Which parameter of earned value analysis is a ratio that determines whether the expenditure of resources is on track?a. Estimate to complete (ETC)b. Cost performance index (CPI)c. Schedule variance (SV)d. Earned value (EV)
In what process can a project manager determine which activities have the greatest potential impact on the project timeline if they are not completed on time?a. Collect requirements and define the scope statement.b. Create a WBS.c. Define and sequence activities.d. Estimate effort, duration, and
Which is the best description of the difference between a final project report and a lessons learned document?a. These reports are essentially the same, but they have different names due to the nature of changes in standards from PMI.b. The final project report looks ahead to future projects with
In which process does a project manager need to identify which activities are predecessors and specify the logical dependencies of each activity?a. Collect requirements and define scope statement.b. Create a WBS.c. Sequence activities.d. Estimate effort, duration, and resources.e. Identify the
A predictive, plan-based project typically begins by creating what significant artifact?a. Budgetb. Gantt chartc. Baselined. Charter
Which project schedule condition suggests that the project manager will not likely be able to modify the sequence of activities associated with contractual obligations?a. Scope creepb. Stakeholder dependencyc. Mandatory dependencyd. External dependency
The most commonly used logical dependency between two activities in a project plan is:a. Start-to-finish dependencyb. Start-to-start dependencyc. Finish-to-finish dependencyd. Finish-to-start dependency
Although a(n) ______ is scheduled in a project plan, it has no estimated duration and is used to provide information about progress through the major segments.a. milestoneb. deliverablec. phased. activity
Degree of innovation, ease of change, requirements, and regulations are all factors that are part of which aspect of the model of considerations for selecting a development approach?a. Product, service, or resultb. Projectc. Organizationd. Competition
A(n) _____ is a collection of logically related project activities that culminates in the completion of one or more deliverables.a. phaseb. product life cyclec. activityd. project life cycle
Certain aspects of your retail store project allow you to plan for a known outcome of the construction of your retail store location.Other aspects of the market development and product testing are less stable at the early stages because you want to establish a more unique approach to your store. To
The project team size and location, the overall culture, and capability are all factors that are part of which aspect of the model of considerations for selecting a development approach?a. Product, service, or resultb. Projectc. Organizationd. Competition
You are the project manager for information systems in a major banking firm. This particular company has not had its own mobile application. The senior vice president for operations has asked you, along with others in the IT and operations groups, to define a project that will produce an initial
Scheduling constraints, the availability of funding, and the nature of the involved stakeholders are all factors that are part of which aspect of the model of considerations for selecting a development approach?a. Product, service, or resultb. Projectc. Organizationd. Competition
The product owner for a clothing manufacturer/retailer has tasked you with defining a development approach for a new line of children’s clothing. This organization has never sold clothing for children, and no one on the team has had any experience with this type of product. One very rigid
You are managing a software development project and have planned that the final deliverable will be brought into existence in successively refined stages at prototype, pilot, testing, and deployment stages. In this case, you are viewing software development as a(n) _____.a. predictive approachb.
Which of the following is a tangible or intangible measurable output of one or more project activities?a. Milestoneb. Deliverablec. Phased. Objective
ABC Company has determined that its Widget 452 model is selling less briskly than it has during the past two years.Executives of the company determine that it is time to phase out Widget 452 and bring Widget 673 into production and sales.These factors would lead you to believe that the executives
Which of the following is the term for a scheduled step in a project plan that has a distinct beginning and end and may consist of several substeps?a. Phaseb. Deliverablec. Activityd. Milestone
Your operations manager has tasked you with defining a development approach for the construction of a tool shed next to your manufacturing facility. The scope, schedule, cost, resource needs, and risks can be well defined in the early phases of the project life cycle, and they are relatively
Which of the following is the term for a temporary endeavor to develop a unique outcome through a series of interrelated steps from initial concept to a completed state?a. Phaseb. Product life cyclec. Activityd. Project life cycle
If the requirements for software change in a minor way due to customer feedback or testing failure, the project team can revisit these minor changes through revised design, coding, and testing.The idea is to discover these issues as early as possible because the cost of changing the system can be
A code of ethics states, “It is our duty to take ownership for the decisions that we make or fail to make and the actions that we take or fail to take. We should promise only what we can deliver, and we should deliver on what we promise.” This concept is a part of which component of project
Which of the project performance domains deals with activities and functions associated with being certain about the scope and quality that a project was undertaken to achieve?a. Planningb. Project workc. Deliveryd. Measurement
Which of the following options is NOT one of the project performance domains?a. Measurementb. Development approach and life cyclec. Project workd. Risk
A code of ethics states, “We should base decisions on the facts and be transparent with the facts about our decisions.” This concept is a part of which component of project management ethics?a. Responsibilityb. Respectc. Fairnessd. Honesty
The manufacturing division of your organization has appointed you to be the project manager for the setup of the manufacturing line for the new set of energy-production products. You report to the vice president of manufacturing. You are most likely to be in which type of organizational
This person is a member of your project team who works with you to direct the project. This person essentially “owns” the project and is accountable for its value to the organization. This person started the original idea for the project and is responsible for making certain that resources are
In your organization, senior-level executives who represent all functional areas of the organization are set up to review all pending proposals for projects and determine which are resourced and allowed to begin. The group meets periodically and evaluates the extent to which a given project, or a
A tool used by project managers is a grid that shows resources across the top in columns and tasks down the side for each row. In each cell is a code that indicates who has what responsibility, who should be informed about the task, where to go to find out if a task is complete, and who can provide
Stakeholder analysis can identify the degree to which a stakeholder’s role is directly associated with a project or whether their role is less involved in a project’s definition or execution. This particular dimension of stakeholder analysis has to do with the ____________ of the stakeholder.a.
In your organization, all project managers must become certified internally by a central group that has the authority to assign project managers to specific projects within all divisions of the organization. This central group provides training for junior project managers before they are assigned

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