The fields below are case sensitive. 1) Configuration management is ______________ Used to ensure that the description of the project/product is correct and complete, and for control of changes The creation of the Work Breakdown Structure The set of procedures developed to validate that project design criteria are met A measurement of the overall risk in the project 3) A project manager works with various stakeholders including negative stakeholders mainly to overcome the resistance and gain the trust of those stakeholders. Which of the following skills did he use? Management Negotiating Interpersonal Writing 4) A project management plan is a series of plans and baselines. Which of the following is not one of the baselines included in the project management plan? Schedule Scope Quality All of the following are baselines 5) After soliciting responses from prospective sellers you are in the process of considering each seller's response against a set of criteria in order to determine who will be the seller selected to provide the required services. the process is giving a greater weight to previous experience in this type of work than it is giving to the price submitted. What technique are you using? Procurement negotiations Weighed average calculation Expert judgment Weighed criteria 6) ABC Construction is in the project planning stage of a new high rise building. The project manager has established the overall project plan and schedule and has sent them to each of the company's functional managers. Each functional manger assigns personnel to their portion of the project and executes that portion under the supervision of the project manager, who monitors and controls the project progress. This is most likely a _________ organizational structure, where the project manager handles what is to be done and the functional managers maintain _________ it is done. balanced Matrix, when functional, when balanced Matrix, how functional, how 8) A project manager working for a government department is in the source selection process. He had advertised in the widely circulated newspaper at a much higher cost than just inviting the six sellers of good reputation who have previously worked for his department. What can be the reason? Get the best seller available in the market Project manager is unaware of a cheaper solution of advertising through the internet Delay the process of awarding the contract to a seller Government regulation requires public invitation to sellers for certain types of contracts 10) All of the following are stakeholder attributes you should analyze as part of the process to identify stakeholders except______________ Their personal conflict resolution style Their expectations of the project Their influence on the project Their interest in the project 13) You have just completed the selection of a preferred seller for an upcoming project and have scheduled a meeting in two days time to finalize the contract when your manager informs you that due to current economic conditions that project will now probably not be going ahead and the definite answer will be provided by then CEO in 3 days time. What is your best course of action? Postpone the meeting until the fate of the project is clear Go ahead with the meeting, complete the negotiations knowing you can use the termination clauses to end it Go ahead with the meeting, but make an excuse to not sign the contract Cancel the meeting and let the other party know why 17) A company has ten vendors on their list of qualified suppliers. However, rather than go out for competitive bidding, the company selects one of the vendors and awards them the contract. This is an example of? A violation of standard procurement practices Single source procurement Preferred procurement Sole source procurement 19) A company develops a new manufacturing process that will increase efficiency and allow the manufacturing workforce to be downsized by 30 percent. Which of the following would be regarded as a negative stakeholder on this project? Senior management Manufacturing personnel Government agencies The project sponsor 22) As project manager you have to consider _____________ which are factors that are believed to represent reality, considered to be certain and taken as truth. Constraints Assumptions Risks Deadlines 23) In a functional organization, what is the role of the project's sponsor during project execution processes? Managing integrated change control process Communicating with the project stakeholders Providing project status to management Helping the project manager resolve issues 27) Which of the following would be the most appropriate thing to do during project initiation? Create a detailed description of the project testing deliverables Learn the company culture and structure as it relates to the project Identify the root cause of potential technology problems Ensure all project management processes are complete and included in the project repository 29) You in your project team are completing the process of producing your procurement management plan and want to make sure that you have completed a robust process and used all the possible and appropriate inputs. Which of the following is not an input into the Plan Procurement Management process? Activity resources requirements Make-or-buy decisions Stakeholder register Requirements documentation 30) A stakeholder management strategy defines an approach to increase support from project stakeholders. A common way of representing the project's stakeholder management strategy is through the use of a _____________ Stakeholder salience analysis Stakeholder register Stakeholder engagememt assesment matrix Stakeholder assessment 31) The application of knowledge, skills, tools and techniques in oeder to meet stakeholder requirements from a project is called: Project initiation Project management Scope definition Life cycle management 32) Which of the following is not a strategic consideration for authorizing a project? Customer demand Strategic opportunity Return on investment Market demand 33) After completing most of your project management plan, your project sponsor is so impressed that she comments, "with this level of planning and detail, we know exactly where the project will be nine months from now." what is the best response you should give to the sponsor? There are exactly the type of results that are achieved through professional project management as defined in the PMBOK Guide. Projects that are planned and scheduled using the Critical Chain method will completely eliminate any possible change. That's correct. Good planning gives us precise knowledge about how our project will preform. Projects seldom run exactly according to the project management plan, which is why we have the integrated change control process. 34) Which of the following is not an output of the Plan Procurement Management process? Source selection criteria Procurement statement of work Procurement management plan Project scope statement 35) You have determined that project A is an internal rate of return (IRR) of 3%. However, the company also invests in a conservative money market that pays a fixed interest rate. The company should? Invest in the money market account if it pays more than 3%. Invest in the money market account pays less than 3%. The IRR does not begin until the results of the project begin generate revenue for the company. Therefore the company should use some other financial measure. IRR cannot be used, by itself to compare against other financial investment vehicles. 36) Which of the following is not an input into the Identify Stakeholders process? Procurement documents Project charter Stakeholder register Lessons learned 37) Which of the following project selection methods is considered a constrained optimization method? Parallel progressive programming Linear programming Murder boards Peer reviews 38) You are a project manager working on a complex construction project and have begun the process of planning your project. You have the project charter which is guiding you in preparing your project management plan. Using your requirements documentation you begin the process of developing a detailed description of the project and product. What process are you completing? Collect Requirements Define Scope Plan Scope Management Define Activities 39) You are using your project management plan, requirements documentation, requirements traceability matrix and undertaking inspection to validate the project and product. What process group are you involved in? Monitoring and controlling Closing Planning Executing 40) You are talking to a friend who works in the project management office. He explains that a program definition portfolio and that ________________ a portfolio is a set of completely unrelated projects a program is a set of completely unrelated projects a portfolio is a set of projects and other work that are related by a high-level strategic goal a portfolio is a set of related projects 41) You are a project manager and senior management recently came to you with a request to help them with a bid for a new project. The management has asked you to help select right bid while doing anything you can to protect the company from any financial risks. You are not aware of all the details; you have very limited exposure and limited scope definition. What is likely the best contract for this situation? Time and Material (T&M) Fixed Price (FP) Cost Plus Fixed Fee(CPFF) Cost Plus Percent of Cost(CPPC) 42) The process of determining which the PMBOK Guide processes are appropriate and the appropriate degree of rogor to be applied in any given project is known as what? Standardization Prudency Customizing Tailoring 43) With the help of your project team you are busy identifying all potential project stakeholders and information about them. You are then interviewing all the stakeholders you have identified in an effort to learn more about their interaction with your project and also to gain knowledge of any other stockholders you may not be aware of. After completing this process you then identify the potential impact or support each stakeholder could generate. Finally you assess how the key stakeholders are likely to react in various situations so you can plan for this. What are you carrying out? Stakeholder management strategy Stakeholder analysis Stakeholder register assimilation Stakeholder communications analysis 44) What is the best definition of the role of the project manager? The person responsible for sharing resources among projects The person responsible for delivery of technical tasks The person responsible for budget control The person assigned by the performing organization to achieve the project objectives 45) Which of the following would you expect to see in the business case contained within a project charter? A copy of the stakeholder register Description of the expected market demand for the product of the project Any blank templates your organization has to assist in completing the project charter The project management plan 46) Which of the following statements most actually describes a project scenario? Changes in the project during the initial phase of the project are very expensive. The influence of the stakeholders is the same all the the project. Staffing peaks during the execution phase of the project. The next phase of the project should never start until the deliverables for the previous phase have been completely reviewed and approved. 47) You are using a classification model for stakeholder analysis, that describes classes of stakeholders based on their power, urgency, and legitimacy. What is the name of this particular model stakeholder analysis? Power/interest grid Salience model Influence/impact grid Pareto chart 48) Which two processes are parts of the Initiating process group? Develop Project Charter and Approve Project Charter Initiation and Develop Project Charter Develop Project Charter and Identify Stakeholders Develop Project Charter and Collect Requirements 49) What is your primary goal in managing and identifying stakeholders expectations? Your primary goal in identifying and managing stakeholders expectations is to be able contact stakeholders when you need to project communications Your primary goal, and identifying and managing stakeholder expectations is to either get stakeholders to support your project or at least not to oppose it. Your primary goal in identifying and managing stakeholder expectations is to be able to introduce key stakeholders to each other so they can exchange project information Your primary goal in identifying and managing stakeholder expectations is to be able to determine which of the stakeholders can be most easily influenced and which will require a greater amount of effort 50) You are a project manager and you are working with your sponsor to define and plan a complex project. You plan to complete your initiation and planning documents sequentially to make sure the organization really understands and supports the project What key deliverables will you produce in the correct order? Project management plan, project charter project scope statement Project charter, requirements documentation, project scope statement Project charter, project scope statement, requirements documentation Project management plan, requirements documentation, project charter