Question: Question 11 pts When composing a risk management plan, one of the activities is to define: Group of answer choices Methods Work breakdown structure Project

Question 11 pts

When composing a risk management plan, one of the activities is to define:

Group of answer choices

Methods

Work breakdown structure

Project charter

Project Resource allocation

Question 21 pts

When compiling a risk register it is typical to include one of the following fields:

Group of answer choices

Project charter

Business case

Probability

Project brief

Question 31 pts

When compiling a risk register it is typical to include one of the following fields:

Group of answer choices

Contingent Action

Mitigation

Acceptance

Transference

Question 41 pts

The modern view of value generally includes:

Group of answer choices

Prevention

Appraisal

Reputation

External failure

Question 51 pts

Once the key stakeholders have been identified, the project manager must decide which information they are likely to need, which includes one of the following categories:

Group of answer choices

Quantities of materials

Status changes

Information needs

Medium of communication

Question 61 pts

Numerous professionals agree that poor project planning is a critical mistake that frequently leads to project failure - which include one of the following threats to the project:

The project tasks do not have a timeline.

A set of poor quality management techniques.

A group of similar projects that creates confusion.

Lack of support from stakeholders.

Question 71 pts

You are a project manager for XYZ limited and have been tasked to produce a cost estimation schedule which typically includes one of the following milestones:

Group of answer choices

The review of ground rules meeting.

The collection of lessons learned for use on future projects.

The evaluation of team member performance.

The appointment of a facilitator to conduct a brainstorming exercise.

Question 81 pts

Scope management of a project can generally be described as:

Group of answer choices

The day-to-day budgeting of the project to curb wasteful expenditure and save money.

The day-to day financial management of the project to ensure financial stability.

The day-to-day quality management of the project to ensure correct workmanship.

The day-to-day management of the project to ensure that the project does not deviate.

Question 91 pts

As a project manager, issues and demands are brought to the project team's attention. When this happens, as project manager, you will need to do one of the following:

Group of answer choices

Make project additions as and when needed.

Project iterations should be implemented.

Make an informed official decision.

Scope current adjustments and implement.

Question 101 pts

As a project manager, you will have to manage possible changes to the project scope. This generally includes one of the following steps:

Group of answer choices

Adapt the change control process flow diagram.

A summary of all previous changes to the project.

Compile an issues log in date order.

Update the relevant project documents.

Question 111 pts

While there is no specific structure for a team charter, some common elements feature in a team charter. These include the following:

Group of answer choices

Internal checks, balances, reviews, and background.

A sheet which reflects the salaries per month of team members.

The team register with the names of team members.

A how-to- team guide which provides a map of the construction site.

Question 121 pts

As a project manager you will from time-to-time be confronted with the performance of your team. Typically project managers aim for a high-performance team which generally requires the following primary components:

Group of answer choices

Accountability, a high salary with benefits.

High salary, and skilled team members.

Collaborative problem-solving with a high salary.

Leadership and collaborative problem-solving

Question 131 pts

There are several barriers to effective communication which include environmental factors and thesaurus noise. Some typical examples of barriers to effective communication include:

Group of answer choices

Perceptual barriers and intercultural barriers.

Intercultural and Leadership barriers

Psychological and managerial barriers.

Physical and semantic barriers.

Question 141 pts

Mario and Denzil are both project members but have studied at different institutions and come from different backgrounds. They often disagree on issues of commitment, dress and body language. As a project manager you will often be expected to resolve conflict which arises from these types of differences among team members. These types of conflicts can generally be categorized into the following areas:

Group of answer choices

Project and personality conflicts.

Team and culture conflicts.

Team and personality conflicts.

Culture and personality conflicts.

Question 151 pts

As a project manager you will have to be cognizant of potential risks to the completion of a project. To this end, there are several techniques which the project can use. These generally include the following:

Group of answer choices

A list of stakeholders and historical reviews.

A SWOT analysis and all shareholder agreements.

Expert judgement and a SWOT analysis.

A detailed Investor portfolio and a brainstorming list.

Question 161 pts

To effectively manage stakeholders, the Project Management Institute provides several pieces of advice which include one of the following:

Group of answer choices

Project managers must know their stakeholder interest in the project.

Project managers must be good listeners and action orientated.

Project managers should encode all communications.

Project managers must have a stakeholder engagement strategy.

Question 171 pts

Shell gas has commissioned a project on the West Coast of Cape Town. However, Green Peace is strongly opposed to the idea of any industrial activity on the West Coast. Imagine you are the project manager, you would first have to determine one of the following:

Group of answer choices

How much it will cost the project to resolve the conflict?

Does the relationship in the conflict affect the project?

Does the conflict relate to the salaries of the stakeholders?

The significance and the severity of the stakeholder conflict.

Question 181 pts

During the project life-cycle there are changes which the project manager should be aware of. There are, however, certain guidelines that the project manager should adhere to when making changes which include one of the following:

Group of answer choices

The changes must build the necessary positive relationships among stakeholders and all role players.

Only authorized team members should make the necessary changes after the necessary assessments have been done.

The changes must bring about confidence in the project managers abilities to manage the project.

Non-project stakeholders must be allowed to view all proposed changes before they are implemented.

Question 191 pts

Often project managers are faced with obstacles which are unplanned and unexpected. These events usually require the project manager to consider one of the following actions:

Group of answer choices

Reconsider the schedule performance index and bring it in-line with expectations.

Adjust the cost performance indicators to more satisfactory levels.

Renegotiate the role stakeholders should play in the project.

Draft a contingency plan which outlines an alternative approach to achieve project goals.

Question 201 pts

Project managers generally aim for a zero variance in the completion of a project. A zero variance can best be described as:

Group of answer choices

The project was completed under budget but with no major consequences.

The project was completed slightly over budget but with no major consequences.

The project was completed within the budgeted amount and strictly adhered to.

The project was completed by exceeding the budget; consequently, no money is left.

Question 211 pts

The familiarity of the project manager with the quality management plan is essential. The quality management plan generally contains a detailed outline and one of the following:

Group of answer choices

Customer requirements.

Project progress.

Project team member list

A list of project activities.

Question 221 pts

As a project manager, you will be exposed to certain risks which the project will encounter. This then often leads to a certain action by the project manager, generally described as:

Group of answer choices

The anticipation of the risk and implementing mitigation strategies.

The avoidance of the risk by taking alternative measures and actions.

The transfer of the risk transfer to a higher authority.

The acceptance of the risk and deal with the risk when it occurs.

Question 231 pts

As a project manager there will be several different risk developments, which include amongst others changes in project scope, budgets and timelines. It will then require the project manager to:

Group of answer choices

Re-work the breakdown structure.

Maintain the project plan.

Amend the work performance information.

Start a new risk register.

Question 241 pts

Once a supplier or vendor contract has been signed, several contract management actions which need to take place. These monitoring and control contract management actions include one of the following:

Group of answer choices

Assess the scope of the project work which is carried out and report appropriately to the project funders.

Where penalties have to be applied for unsatisfactory performance, these penalties must be applied.

Determine what corrective measures will be applied to get a new vendor.

Where there is evidence of overspending, request new tenders from familiar vendors.

Question 251 pts

There are several stages which a project team generally goes through. It is incumbent on the project manager to be aware at which stage they should clear up any uncertainties, combined with ascertaining team member skills and background. Suggest the stage best suited for this process.

Group of answer choices

Norming

Storming

Performing

Forming

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