Random CAPM 60 This quiz will submit in: Question 1Scenario: A task was originally estimated to require 100 hours effort. 80 hours have been spent and the person assigned to the task estimates 80 additional hours will be required to complete the task. In the sample above, what is the calculated percent complete for this task? A. The percent complete cannot be determined without knowledge of the pieces of the task which have been completed B. 0% C. 20% D. 50% Question 2Which of the following are considered to be milestones? A. Project completion date B. Contract date C. Key event completion date D. All of the above Question 3As of the data date, your project schedule has a BCWS of 100. The BCWP, however, is 90. This tells you that your project is currently 10 percent: A. Ahead of Schedule B. Behind schedule. C. Over budget. D. Under budget. Question 4All of the following assist in determining the impact of a scope change EXCEPT: A. Project charter. B. Baseline. C. Performance measurement. D. Milestones. Question 5Due to cuts in funding, your project has been terminated. The scope verification process: A. Should be delayed until the project is completed. B. Should determine the correctness of the work results. C. Should be established to document the level and extent of completion. D. Will form the basis of the project audit. Question 6If team members are more technically skilled than the project manager, what actions should the project manager take? A. Defer the start of the project until the project manager can complete necessary technical training to raise his/her skill level equal to or above the team members skills. B. Involve the technical staff in decision-making to assist the project manager in making informed decisions C. Request assignment of a technical manager to co-manage the project. D. Request reassignment to a project which matches the technical skills of the project manager. Question 7You have just taken control of a project in the middle of execution and need to learn who has approval authority for revisions in scope. Which document provides this information? A. Resource assignment matrix B. Change control plan C. Project charter D. Client organization chart Question 8Reviewing work products and results to ensure that all were completed satisfactorily and formally accepted is part of: A. Risk management. B. Quality control. C. Change control management. D. Scope validation. Question 9The purpose of a dummy activity in activity-on-arrow diagramming is to: A. Show tasks that are not necessary. B. Show tasks that are alternatives to planned tasks. C. Show tasks that are milestones. D. Show a dependency relationship. Question 10A process is a series of actions to bring about a result. In a project, the five basic process groups (PG) are: A. Planning, checking, directing, monitoring, and recording. B. Initiating, planning, executing, controlling, and closing. C. Planning, executing, monitoring, redirecting, and closing. D. Planning, executing, directing, closing, and delivering. Question 11Scenario : The Delphi technique is a risk identification method used by project managers to poll expert advice. In the above sample scenario, what is a key characteristic of the Delphi technique ? A. Expert are ranked according to degree of expertise and opinions are weighted accordingly. B. Expert opinions are numerically graded and the mean and standard deviation drive the risk ranking. C. Expert opinions are submitted anonymously D. Once the expert opinions are received, the panel chairman discards any outlying opinions and prepares a summary report for the project manager. Question 12A change control board (CCB) is: A. A formally constituted group of stakeholders responsible for ensuring that only a minimal amount of changes occur on the project. B. An informal or formal group of team members responsible for changes to a project. C. An informal group that has oversight of project implementation. D. A formally constituted group of stakeholders responsible for approving or rejecting changes to the project baselines. Question 13When a project manager places a purchase order for a piece of equipment, it represents which of the following? A. Commitment B. Expense C. Cash out-flow D. Capital investment Question 14Cost estimates include all of the following resource categories except: A. Labor B. Materials. C. Inflation allowances. D. None of the above Question 15Analogous estimating: A. Uses bottom up estimating techniques. B. Uses the actual costs from a previous, similar project. C. Is used most frequently in the later stages of a project D. All of the above Question 16Of the following, which is not considered to be an accelerated depreciation method? A. Straight line B. Double declining balances C. Sum of the years digits D. Asset consolidation Question 17The project manager is critical to project communication because: A. The project manager schedules meetings and creates meeting agendas, thus controlling all communication flow. B. The project manager directly controls most outside communication links, such as those with top management, the client, or other managers. C. The project manager sets the climate and form for good communication among members. D. All of the above. Question 18When assigning tasks to team members, which of the following strategies are appropriate? A. If company employees routinely work overtime, assign tasks to fill the average overtime hours. B. Assign tasks to only one Individual whenever possible to promote accountability. C. Complete the assignments before discussing them with the team members to avoid competition for most desirable tasks. D. Assign multiple sources to tasks to ensure backups are available in case of illness or other absence Question 19The subprocesses of a project are linked by one subprocess providing an output that feeds one or more subprocesses as an input. Thus, subprocess are defined by PMI as having an input,________,, and an output. A. Resolution and action B. Formatting and creation C. Tools and techniques D. Process integration Question 20Analogous estimating is also called: A. Bottom up estimating. B. Top down estimating. C. Multiple duration estimating. D. None of the above Question 21“Earned value” can best be defined as: A. The value of the equipment that has been installed as of the data date. B. The sum of the labor costs that have been incurred on the project to date. C. A method of measuring project performance. D. A method of measuring the amount of money that has been spent to date. Question 22Scenario: A project manager must decide whether to purchase a $1 5,000 tool to improve the productivity of her six person team. She guesses that the likelihood of a 10% productivity gain for the six month project duration is 50%. The probability of a 5% in productivity is also 50%. The average team member cost is $80,000 per year. In the sample scenario above, what is the expected monetary value of purchasing the tool? A. $0 B. $3,000 C. $18000 D. $36,000 Question 23You are the project manager and responsible for quality audit. You have been accused for being a fanatic because of your practice of conducting not one, but multiple, quality audit on a project. Which one of the following types of audits is not an example of a quality audit? A. Internal B. Scope C. Baseline D. System Question 24Scenario: John Jones hired the ABC Construction Company to build a new office building. The contract is a cost-plus percentage of costs Contract. Estimated costs are $3,000,000 and the estimated total price is $3,300,000. ABC recently completed the building and the associated costs were $4,000,000. In the above scenario, what is the total price of this building which will be paid by John Jones? A. $3,300,000 B. $4,000,000 C. $4,300,000 D. $4,400,000 Question 25Which of the following statements would be most likely to be associated with a compromise style of conflict resolution? A. “Let‟s table this issue and revisit it at the next meeting after we have had time to study the impacts and have developed a point paper in response to the issue.” B. “The design will be modified to meet the company‟s quality standards, but we will not satisfy all user requests.” C. “Susan and John have both raised valid points which can be incorporated into the design.” D. “What do we need to do to solve this problem?” Question 26A KEY activity for achieving customer satisfaction is to define: A. The business use. B. Requirements. C. Product specificity. D. Change control. Question 27Scope change control MUST be integrated with all of the following control processes EXCEPT: A. Schedule. B. Cost. C. Procurement. D. Quality. Question 28Estimate at completion (EAC) may be computed as: A. Actual to date plus the remaining budget modified by the CPI. B. Actual to date plus a new estimate for the remaining work. C. Actual to date plus the remaining budget. D. All of the above Question 29Project sponsors have the GREATEST influence on the scope, quality, time, and cost of the project during the: A. Concept phase. B. Development phase. C. Execution phase. D. Close-down phase. Question 30Risk response development is intended to: A. Create steps to identify project risks. B. Formulate strategies for dealing with adverse events. C. Construct a list of previous project risks. D. Develop measurements to quantify project risks. Question 31A network analysis technique that allows for conditional and probabilistic treatment of logical relationships is know as: A. The work breakdown structure. B. The Gantt chart. C. Time scaled network diagramming. D. Graphical Evaluation and Review Technique (GERT). Question 32Most project managers spend about _________ of their work time engaged is some form of communications. A. 30 percent B. 50 percent C. 70 percent D. 90 percent Question 33Project cost management includes all of the following functions except: A. Resource planning. B. Resource leveling. C. Cost estimating. D. Cost budgeting. Question 34 Sally Woo is the project manager of a fixed price project nearing completion. The project has been less profitable than planned, but has not lost money. Team members worked 10- 20 hours of compensated overtime per week during the past month to complete the effort. In the above sample scenario, what is an appropriate project close-down activity? A. Ask the client to increase the price of the project to accommodate the increased costs. B. Ask team members to not charge their overtime to improve the project financial performance. C. Inform accounting that they should bill the client for additional costs. D. Conduct a lessons learned meeting Question 35The overall duration of the project schedule is not influenced by: A. Using mandatory dependencies as constraints. B. Using discretionary dependencies as constraints. C. The availability of the resources which are assigned to perform the work. D. The capabilities of the resources which are assigned to perform the work. Question 36 In which activity or activities, the delay will definitely delaying project schedule? A. C B. B,D C. A D. All of the above Question 37Planning a project is a process that develops products such as a schedule. This process produces the following for a schedule: A. Activity definition, activity sequencing, activity execution, and activity duration. B. Activity definition, activity sequencing, and activity duration estimating. C. Activity identification, activity execution, and activity results. D. Activity identification, activity sequencing, activity connection, and activity duration. Question 38Risk quantification includes: A. Enumerating sources of internal and external events. B. Identifying potential events and impact. C. Evaluating probability and impact. D. Developing contingency plans and resources. Question 39If PV (BCWS) = 100, EV (BCWP) = 98, and AC (ACWP) = 104, the project is: A. Ahead of schedule. B. Headed for a cost overrun. C. Doing fine business. D. a and b Question 40Scenario: A general contractor has been asked to provide an estimated cost for a project to build a four bedroom colonial. The contractor has recently built similar houses in the selected neighborhood. The potential buyers would like a “ballpark‟ estimate before they proceed with detailed planning. In the sample scenario above, what estimating method is the general contractor most likely to use? A. Analogous estimating method B. PERT method C. Parametric modeling method D. Bottom-up estimating method Question 41Resource planning must include consideration of the use of: A. Contractors, equipment, materials. B. People, computers, equipment. C. People, equipment, materials. D. Contractors, computers, raw materials. Question 42What is the difference between the project plan and the performance measurement baseline? A. The project plan usually changes overtime, while the performance measurement baselines generally changed only in response to an approved scope change. B .The project plan is the informal document that is followed by the approved performance measurement baseline document. C. The project plan consists of a list of tasks, assignments, and estimates formulated into a network diagram or Gantl chart, while the performance measurement baseline document contains the project plan plus descriptions of approach, scope, and risks. D. There Is no difference. They are synonymous terms. Question 43What is a sunk cost? A. The cost of a failed project B. Management reserve C. Money spent over which we have no control D. Overhead cost Question 44The main difference between the two types (ADM and PDM) of the critical path method (CPM) of scheduling A. Placement of the activity on the logic diagram line B. Arrow diagramming method (ADM)—a deterministic method whereas the precedence diagramming method (PDM) is a probabilistic method C. Precedence diagramming method (PDM) is deterministic method whereas the arrow diagramming method (ADM) is a probabilistic method D. Precedence diagramming method (PDM) is a more accurate method Question 45A project was estimated to cost $1.5 million and scheduled to last six months. After three months, the earned value analysis shows the following: BCWP = $650,000 BCWS = $750,000 ACWP = $800,000 What are the schedule and cost variances? A. SV= +$100,000 / CV= +$150,000 B. SV= +$150,000 / CV= -$100,000 C. SV= -$50,000 / CV= +$150,000 D. SV= -$100,000 / CV= -$150,000 Question 46Scenario: Item PV (BCWS) AC (ACWP) EV (BCWP) 1 10,000 11,000 10,000 2 9,000 8,000 7,000 3 8,000 8,000 8,000 4 7,000 7,000 5,000 5 6,000 9,000 6,000 Which item has the lowest SPI? A. Item 1 B. Item 2 C. Item 3 D. Item 4 Question 47Elements of changing a project schedule include all of the following EXCEPT: A. Obtain the appropriate levels of approval. B. Submit the appropriate change requests. C. Evaluate the impact of a change to the schedule. D. Adjust the project end date to the schedule variance. Question 48If seven people are intimately involved in the same task and must frequently communicate with each other, how many lines of communication are there? A. Seven B. One C. Twenty-one D. Ten Question 49Configuration management is a technique for: A. Integrated change control. B. Project plan execution. C. Scope planning. D. Risk quantification. Question 50Fast tracking in time management is: A. Doing some or all activities in parallel rather than in sequence. B. Preparing progress reports on a quick turnaround basis. C. The timely input of data to calculate the critical path. D. All of the above Question 51In network diagramming, a loop means A. A network path that passes the same node twice. B. All paths meet at the last activity in the diagram. C. Several activities are repeated in sequence. D. All of the above. Question 52What is an example of a product with high quality but low grade? A. Computer program with multiple errors found before acceptance testing. B. Inexpensive automobile with basic features and an excellent maintenance record C. Gourmet meal at a five-star restaurant. D. Cellular phone with outstanding features which is not affordable to the mass Question 53The measure used to forecast project cost at completion is: A. EAC B. SPI. C. BCWP. D. ACWP. Question 54Scenario: Sam Johnson is a project manager developing a new sales process for The Magic Games Company. Joe Stevens is the client representative assigned full time to the team to provide guidance regarding requirements and ongoing functional knowledge. Sam has observed that Joe spends much of each morning reading the paper, and usually takes a three hour lunch break. The other team members are starting to complain that they are not getting the information they need to develop the process. In the sample scenario above, what action should Sam take? A. Inform Joe‟s manager that you would like a replacement for Joe. B. Meet with Joe and plan frequent milestones for Completion of his work C. Tell Joe he can no longer read the newspaper, and lunches are limited to one hour. D. Ignore the situation with Joe, and set up interviews with other client functional experts Question 55A precise description of a deliverable is called a: A. Specification. B. Baseline. C. Work package. D. Work breakdown structure element. Question 56What is a common complaint regarding iterative development methodologies, e.g., building a system through cyclical iterations? A. Available technology does not support effective use of an iterative methodology. B. Clients do not like to participate in an iterative methodology project. C. The effort Is more expensive than traditional methods. D. Requirements are continually modified and are not stabilized Question 57To decrease the total project duration for the least cost is called: A. Duration compression. B. Crashing. C. Program evaluation and review technique. D. ADM or PDM forward and backward pass to determine the critical path. Question 58In the earned value system, cost variance is computed as: A. EV (BCWP) less PV (BCWS). B. EV (BCWP) less AC (ACWP). C. AC (ACWP) less EV (BCWP). D. AC (ACWP) less PV (BCWS). Question 59A Gantt chart is useful in determining: A. The level of effort of a task. B. When a task starts and stops. C. How tasks are related to each other. D. Who is assigned to do a task. Question 60A controlling process is necessary in project management to ensure planned actions are executed and measured for progress. The controlling process for the schedule typically will focus on: A. Activities starting earlier than scheduled. B. Activities starting later than scheduled. C. Activities that vary from the plan, whether late or early. D. Activities only on the critical path.