Random CAPM 60 This quiz will submit in: Question 1The project managerâ€Ÿs leadership style should be matched to the corresponding developmental level of theÂ project team and should move through successive steps in the following order: A. Disciplinary, autocratic, participative. B. Projectized, matrix, functional. C. Team building, team development, responsibility assignment. D. Directing, coaching, supporting, delegating. Question 2Of the following conflict management approaches, which is believed to lead to the LEAST enduring positiveÂ results? A. Problem solving B. Avoidance C. Compromise D. Forcing Question 3Which of the following choices would indicate that your project was 10 percent under budget? A. The PV (BCWS) was 100, and the EV (BCWP) was 110. B. The AC (ACWP) was 100, and the EV (BCWP) was 110. C. The PV (BCWS) was 100, and the AC (ACWP) was 110. D. The AC (ACWP) was 110, and the EV (BCWP) was 100. Question 4Scenario The Excel Company has decided to allocate all overhead costs to projects based on the number of employeesÂ assigned to the project. Part timeÂ assignments will be prorated. The company currently has an annualized overhead cost of $1 million and there are 500Â employees involved in projects. In the sample scenario above, if a project has 50 full time employees assigned for six months, what is theÂ overhead cost the project must bear? A. $50.000 B. $100,000 C. $200,000 D. Costs of salaries plus direct expenses for 50 employees Question 5As a project manager you are responsible for maintaining and ensuring integrity of all of the following except: A. Project Integrity B. Product Integrity C. Personal Integrity D. Integrity of others Question 6Effective stakeholder management includes all of the followingÂ project elements EXCEPT: A. Clear requirements definition. B. Scope change control. C. Timely status information. D. Frequent cost reports. Question 7In a schedule, which of the following is not an allowed logical dependency? A. FF B. SS C. SF D. None of the above Question 8Scenario: ItemÂ Â Â PV (BCWS)Â Â Â Â Â AC (ACWP)Â Â Â Â Â Â EV (BCWP) 1Â Â Â Â Â Â Â Â 10,000Â Â Â Â Â Â Â Â Â Â 11,000Â Â Â Â Â Â Â Â Â Â Â 10,000 2Â Â Â Â Â Â Â Â Â 9,000Â Â Â Â Â Â Â Â Â Â 8,000Â Â Â Â Â Â Â Â Â Â Â Â 7,000 3Â Â Â Â Â Â Â Â Â 8,000Â Â Â Â Â Â Â Â Â Â 8,000Â Â Â Â Â Â Â Â Â Â Â Â 8,000 4Â Â Â Â Â Â Â Â Â 7,000Â Â Â Â Â Â Â Â Â Â 7,000Â Â Â Â Â Â Â Â Â Â Â Â 5,000 5Â Â Â Â Â Â Â Â Â 6,000Â Â Â Â Â Â Â Â Â Â 9,000Â Â Â Â Â Â Â Â Â Â Â Â 6,000 Which item is furthest over budget? A. Item 1 B. Item 2 C. Item 4 D. Item 5 Question 9A precise description of a deliverable is called a: A. Specification. B. Baseline. C. Work package. D. Work breakdown structure element. Question 10If the PV (BCWS) was 80,000, the EV (BCWP) was 75,000, and the AC (ACWP) was 71,000, what is theÂ schedule variance? A.-4000 B. 4000 C. 5000 D. -5000 Question 11A method that is used to evaluate projects based on a comparison of their income and monies expended is: A. Net present value. B. Discounted cash flow. C. Return on investment. D. a, b and c. Question 12A controlling process is necessary in project management to ensure planned actions are executed andÂ measured for progress. The controllingÂ 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. Question 13In order to determine the projectâ€Ÿs estimate at completion (EAC), which of the following information would beÂ needed? A. The budgeted cost of work performed (EV (BCWP)) and the actual cost of work performed (AC (ACWP)). B. The cost performance index (CPI) and the cost variance (CV). C. The actual cost of work performed (AC (ACWP)) and the cost performance index (CPI). D. The actual to date or actual cost of work performed (AC (ACWP)) and the estimate to complete (ETC). Question 14Estimate 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 15When it appears that a design error will interfere with meetingÂ technical performance objectives, theÂ PREFERRED response is to: A. Decrease the performance value to equal the assessed value. B. Develop alternative solutions to the problem. C. Increase the specified value to set a new performance goal. D. Reduce the overall technical complexity of the project. Question 16Due 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 17Scenario : Sam is going to start a report writing task on Monday and finish the task the following Friday. Sam will workÂ on the report for two hours each day. In the sample above, what Is the duration of this task? A. 2 hours B. 10 hours C. 4 days D. 5 days Question 18A project's payback period ends when: A. Profit maximum is realized. B. Unit profit is realized. C. Monthly revenue exceeds monthly costs. D. Cumulative revenue equals cumulative costs. Question 19Scenario: A specifications document was sent to the client representative two weeks ago for review and approval. TheÂ planned due date for approval or request for revisions was yesterday, and no comments or approvals were received fromÂ the client. The client representative is aware of the due date, as he approved the project plan. In the sample scenario above, what client management strategy should the project manager use? A. Assume specifications are acceptable since the review period elapsed B. Do nothing as client reviews are usually delayed. C. Escalate the issue to the client representativeâ€Ÿs boss requesting that the client respond to the document. D. Put subsequent activities on hold and reassign staff to other projects. Question 20The earned value report EV (BCWP) at the end of the project: A. Equals the PV (BCWS). B. Equals the EAC. C. Is always greater than the AC (ACWP). D. a and b. Question 21In which project phase do you have the GREATEST influence on project risk? A. Conceptual B. Design C. Execution D. Implementation Question 22To effectively manage communications within the project team, the project manager should: A. Formalize and control communication among team members. B. Promote harmony and trust among team members. C. Ensure that feedback occurs in both directions. D. B and C. Question 23Scenario: A construction manager is estimating the amount of time to frame a house. The optimistic estimate is fiveÂ days, the pessimisticÂ estimate is 17 days, and the realistic estimate is eight days. In the sample scenario above, what estimate would the construction manager use if she is using the PERTÂ based estimating method? A. 9 days B. 10 days C. 11 days D. 12.5 days Question 24Of 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 25To 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 26A KEY activity for achieving customer satisfaction is to define: A. The business use. B. Requirements. C. Product specificity. D. Change control. Question 27Scenario Judy is remodeling her kitchen. When her cabinets are completed the counter tops can be installed. In the sample scenario above, what type of dependency existsÂ between cabinet completion and counter topÂ installation? A. Finish to finish B. Finish to start .. C. Start to finish D. Start to Start Question 28Of the following four major processes contained in project cost management,Â which of the following choicesÂ would be concerned with the cost baseline? A. Resource planning and cost estimating B. Cost estimating and cost budgeting. C. Cost budgeting and cost control. D. Resource planning and cost control. Question 29 The free float of activity F is A. Can not be calculated B. -1 C. 0 D. 1 Question 30Scenario: ActivityÂ Â Â Â Â Â DurationÂ Â Â Â Â Â Â Predecessor AÂ Â Â Â Â Â Â Â Â Â Â Â Â 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â - BÂ Â Â Â Â Â Â Â Â Â Â Â Â 10Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â A CÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â A DÂ Â Â Â Â Â Â Â Â Â Â Â Â 15Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â B EÂ Â Â Â Â Â Â Â Â Â Â Â Â 10Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â B FÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â C GÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â F HÂ Â Â Â Â Â Â Â Â Â Â Â Â 10Â Â Â Â Â Â Â Â Â Â Â Â Â D,E,G If all activities will be on schedule, what is the maximum delay of activities E that will not affect the totalÂ project schedule? A. 5 B. 6 C. 0 D. 1 Question 31What 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 32Which of the following activities is usually NOT an appropriate strategy for staffing a project? A. Running an advertisement in the trade press or local newspapers B. Notifying the Human Resources organization that one or more positions are available. C. Hiring staff from the clientâ€Ÿs organization D. Posting a job description on an online bulletin board. Question 33Scenario: A project manager has been assigned a project in progress because the original project manager resigned. InÂ looking at the project plan, it is clear that the implementation currently scheduled for two weeks from today will not beÂ met, as major pieces of the project are still under development. An E-mail received from the client indicates that he isÂ unaware of the pending delay, as he is requesting confirmation of the travel schedules for the users coming in for trainingÂ on the to be implementedÂ system. The project managerâ€Ÿs supervisor In the above sample scenario, what is the FIRST action the project manager should perform? A. Call the client and the project managerâ€Ÿs supervisor and inform them that there are indications of a significant project delay. B. Call users and inform them that the training has been indefinitely postponed. C. Meet with the senior members of the team for a preliminary assessment D Schedule a planning session for next week and review project materials in advance of the meeting. Question 34When 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 35The disorientation experienced by people who suddenly find themselves living and working in a differentÂ environment is known as: A. Culture shock. B. Sociocentrism. C. Temporal shock. D. Ethnocentrism. Question 36In the estimating process, as the accuracy of the estimate increases: A. The cost of estimating goes up. B. The number of people involved increases. C. More computers are needed. D. b and c. Question 37The â€œfast trackingâ€ method of schedule compression, which isÂ frequentlyÂ used on projects today, usuallyÂ involves: A. The use of industrial engineering techniques to improve productivity, thereby finishing the project earlier than originally planned. B. Concurrent work package execution, thereby increasing risk. C. Going on a â€œmandatory overtime scheduleâ€ in order to complete the project earlier. D. Calculating the percentage of potential schedule overrun and reducing each activityâ€Ÿs duration by that percentage in order to enable the project to complete on schedule. Question 38The subprocesses of a project are linked by one subprocess providing an output that feeds one or moreÂ subprocesses as an input. Thus, subprocessÂ are defined by PMI asÂ having an input,________,, and an output. A. Resolution and action B. Formatting and creation C. Tools and techniques D. Process integration Question 39Ideally, communication between the project manager and the project team members should take place: A. Via daily status reports. B Through approved documented forms. C. By written and oral communication. D. Through the formal chain of command. Question 40You've been engaged to manage a project. The estimated cost of the project is $1,000,000. The projectÂ sponsor has approved this amount. Your earned value calculations indicate that the project will be completed on time andÂ under budget by $200,000. Based on this calculation, your personal profit will decrease by $2,000. Given the estimated decrease in personal profit, what action should you take? A. Invoice for the full $1,000,000 based on the contract. B. Add tasks to improve the outcome and increase the actual project cost. C. Inform the end-user that you can add features to the project in order to use the entire budget. D. Communicate the projected financial outcome to the project sponsor. Question 41Which of the following statements would be most likely to be associated with a compromise style of conflictÂ resolution? A. â€œLetâ€Ÿs 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.â€ B. â€œThe design will be modified to meet the companyâ€Ÿs quality standards, but we will not satisfy all user requests.â€ C. â€œSusan and John have both raised valid points which can be incorporated into the design.â€ D. â€œWhat do we need to do to solve this problem?â€ Question 42Which of the following are frequently used tools in procurementÂ planning? A. Make or buy analysis, expert judgement, and contract type selection B. Contract type selection, bidders conferences, and expert judgement C. Expert judgement, audits, and bidders conferences D. Make or buy analysis, contract type selection, and weighting system Question 43Planning a project is a process that develops products such as a schedule. This process produces theÂ 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 44Scenario: Sam is a project manager and has observed during team meetings that one of the senior technical teamÂ members, Sue, frequently belittles the ideas of Tom, a more junior technical staff member. Tom has stopped contributingÂ ideas during the meetings. Sue is generally congenial with other members of the team. In the sample scenario above, what action should Sam take? A. No action, because Sue is senior to Tom, and it is her job to critique ideas. B. Meet with Sue one-on-one to discuss the situation. C. Defend Tomâ€Ÿs ideas during the meetings so Sue will understand that everyoneâ€Ÿs ideas are valuable D. Notify Human Resources that Sue needs people leadership training. Question 45Risk 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 46Cost control is concerned with: A. Influencing the factors that create change to the cost baseline. B. Determining that the cost baseline has changed. C. Managing cost changes when they occur. D. All of the above Question 47 If activity E delay for 2 days and all other activities are assumed to be on schedule, what will be the impact to the total project schedule? A. Project schedule's impact can not be determined B. Project schedule will be delayed for 2 days C. Project schedule will be delayed for 1 day D. Project schedule remains the same Question 48Estimators for a project report that the most optimistic time they feel that a task can be completed is fiveÂ days, the longest that they feel the task will take is fifteen days, the most likely time the task will take is ten days, theÂ average time for completing the task, based on past experienceÂ is eight days. Using the PERT concept, calculate theÂ expected duration of the task. A. Ten days B. Eight and one-half days C. Eight days D. Eleven days Question 49Scenario: A task was originally estimated to require 100 hours effort. 80 hours have been spent and the personÂ assigned to the task estimates 80Â 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 50The cost performance index (CPI) in earned value reporting is: A. Budgeted cost of work scheduled divided by actual cost of work performed. B. Actual cost of work performed divided by budgeted cost of work scheduled. C. Budgeted cost of work performed divided by actual cost of work performed. D. Actual cost of work performed divided by budgeted cost of work performed. Question 51Network diagrams are good for depicting: A. Slack time. B. Schedule start and finish dates. C. Plan versus actual schedule. D. Task dependencies. Question 52Which of the following choices would be an acceptable cause for rebaseliningâ€ a $10 million project? A. The monthly consumer price index on some of the commodities â€žused on the project have been identified as having gone up by 1.6 percent, an increase of 46 percent over the 1.1 percent that had been budgeted. B. The client has authorized a $10,000 addition to the scope of the project. C. The contractorâ€Ÿs company has instituted a quality program in which they have pledged to spend $1 million during the next year. D. The productivity in the drafting department has shown to be higher than anticipated, which has resulted in 1,000 additional hours, a 78 percent increase over what was budgeted. Question 53Scenario Project justification and background Scope and objectives of the project Organizational relationships and responsibilities Description of project managersâ€Ÿ authority Resources availability High level project schedule and costs Major milestones Management approval What project document may contain a table of contents similar to the sample list above? A. Project Quality Plan B. Contract Terms and Conditions C. Project Requirements Specifications D. Project Charter Question 54Two of the types of discretionary dependencies that typically have an effect on the sequencing of theÂ activities in the schedule are those containingÂ â€œhard logicâ€ andÂ those containing â€œsoft logic.â€ A example of a â€œsoft logicâ€Â dependency would be: A. Project A, the companyâ€Ÿs participation in a Pump Industry trade show, depends on the successful completion of Project B, which is building the prototype pump that is going to be displayed. B. To install the plumbing and electrical work at the same time on a single family dwelling. C. To schedule all unloading of equipment weighing in excess of 50 tons because the daily rent on the crane with that lifting capability is $10,000. D. For the shrink-wrapping on the finished box of software to depend on enclosing the manual and software first. Question 55What is a common complaint of project manager regarding their project sponsors? A. Sponsors are not involved enough in the project B. Sponsors wait until near the end of the project to set completion date C. Sponsorsâ€Ÿ quality standards are excessive D. Sponsors do not have adequate technical knowledge to perform acceptance testing Question 56Mandatory prerequisite(s) for team building is (are): A. Commitment from top level management. B. Collocation of team members. C. Open discussion of poor individual performance. D. All of the above Question 57A communication plan: A. Is a document. B. Details â€œwhat information will be gathered, how it will be gathered, and how often it will be gathered. C. Documents distribution schedules. D. All of the above Question 58The major processes of project communications management are: A. Communication requirements, information distribution, performance reporting, and administrative procedures. B. Communications planning, information distribution, performance reporting, and administrative closure. C. Communications planning, response planning, progress reporting, and information distribution. D. Communications planning, information distribution, schedule reporting, and stakeholder analysis. Question 59Configuration management is a technique for: A. Integrated change control. B. Project plan execution. C. Scope planning. D. Risk quantification. Question 60Pareto analysis, cause and effect, and flow charts are all tools used in quality: A. Control. B. Benchmarking. C. Planning. D. Verification.