Random CAPM 60 This quiz will submit in: Question 1For a large, complex project ______ is best for handling cross functional project needs. A. A strong matrix organization B. A project coordinator C. A project expediter D. A functional organization Question 2The 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 3A project management professional can compare earned value performance data to all of the followingÂ project management tools EXCEPT: A. Critical path analysis. B. Technical performance metrics. C. Risk mitigation plans. D. Forecasted final costs and schedule estimates. Question 4A 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 5Scenario 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 6Cost estimates include all of the following resource categories except: A. Labor B. Materials. C. Inflation allowances. D. None of the above Question 7 Sally Woo is the project manager of a fixed price projectÂ nearing completion.Â The project has been less profitable thanÂ planned, but has not lost money. Team members worked 10- 20 hours ofÂ compensated overtime per week during the past month toÂ 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 8As 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 9A project loses a contractor in the middle of a project. A new project team is formed to replace the role ofÂ the lost contractor and his/herÂ team. As a project manager, what is the FIRST topic to address to the team in the kick-offÂ meeting? A. Identify team roles and responsibilities. B. Review detailed schedule. C Discuss cost estimates. D. Emphasize your authority. 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 11Effective 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 12Scenario : You are managing the development of highly controversial project. Today you called a team meeting andÂ explained the project objectives to the team and several members stood upÂ and left citing philosophical objections to theÂ project. YouÂ chased them down the hall trying to convinced them to work toÂ the project and explained that you would useÂ the best qualityÂ management plan available for this work. One of the teamÂ members stopped abruptly and demanded toÂ know what the purpose of such plan would be. You explained that the objective of any quality management plan is to A. Ensure that process adjustments are made in a timely fashion B. Create some regulations to govern the project C. Ensure that the scope management plan is followed D. Improve quality in every aspect of project performance Question 13As a project manager, you know that the most important activity to ensure stakeholder satisfaction is A. Communication report B. Ensuring the staff is happy C. Documenting the requirements D. Maintaining a proper WBS Question 14Network diagrams are good for depicting: A. Slack time. B. Schedule start and finish dates. C. Plan versus actual schedule. D. Task dependencies. Question 15Project sponsors have the GREATEST influence on the scope, quality, time, and cost of the project duringÂ the: A. Concept phase. B. Development phase. C. Execution phase. D. Close-down phase. Question 16Present value is the calculation of: A. The total value of the project cost as of today. B. The value to us, today, of future cash flows. C. The rate of return on an investment. D. The sum of all cash inflows and outflows as of today. Question 17Scenario: 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 18A â€œtight matrixâ€ is an organizational option: A. Where all team members are brought together in one location. B. Between a weak matrix and a strong matrix. C. Where functional managers operate in a dual reporting structure reporting to both their own departments and to the project manager. D. A and B. Question 19Pareto analysis, cause and effect, and flow charts are all tools used in quality: A. Control. B. Benchmarking. C. Planning. D. Verification. Question 20The three principle interests in maintaining good document control are: A. Timely communication, collection of performance appraisal data, assuring proper disposal of sensitive documents. B. Timely communication, maintaining proper approvals, communication cost control. C. Effective communication, ability to reconstruct why decisions were made, historical value. D. Security, change management, procedural documentation. Question 21What 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 22What 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 23If team members are more technically skilled than the project manager, what actions should the projectÂ 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 24Which of the following is not a function of cost control? A. Informing the appropriate project stakeholders of authorized changes in the cost baseline. B. Monitoring cost performance to detect variances from the cost baseline. C. Ensuring that all appropriate changes are recorded accurately in the cost baseline. D. Allocating the overall estimates to individual work packages in order to establish a cost baseline. Question 25The MAJOR processes for project integration management are: A. Project plan development, project plan execution, and integrated change control. B. Project plan development, project plan execution, and scope change control. C. Project plan development, overall change control, and scope change control. D. Project plan development, initiation, and integrated change control. Question 26The 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 27Mandatory 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 28To 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 29A 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 30The objective of fast tracking a project is to: A Increase productivity. B. Reduce project duration. C. Increase schedule tracking controls. D. Reduce project risks. Question 31As part of the quality audit, the scope statement is checked against the work results to ensure theÂ conformance to the customerÂ requirements. The results should be documented and used for: A. Estimating future projects. B. Changing the project scope. C. Defining future project tasks. D. Validating the quality process. Question 32Scenario : The Delphi technique is a risk identification method used by projectÂ 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 33As 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 34What is the MOST effective process to ensure that cultural and ethical differences do not impede successÂ of your multi-national project? A. Co-locating B. Training C. Forming D. Teaming Question 35Analogous estimating is also called: A. Bottom up estimating. B. Top down estimating. C. Multiple duration estimating. D. None of the above Question 36Constructive team roles include: A. Encourager, initiator, and gatekeeper. B. Information giver, devil's advocate, and clarifier. C. Withdrawer, harmonizer, and blocker. D. Summarizer, recognition seeker, and information seeker. Question 37A likely result of using "compromise" to resolve a two-party conflict is: A. Lose-lose. B. Win-lose. C. Win-win. D. Lose-win. Question 38Two of the types of discretionary dependencies that typically have an effect on the sequencing of the activities in the schedule are those containing hard logic and those containing soft logic. An example of a soft logic 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 39Scenario: Company XYZ has a fixed price contract to produce 10,000 widgets for a price of $100,000. An invoice will notÂ be generated until all widgets are completed. The budgeted cost ofÂ manufacturing the widgets is $9 per widget. AllÂ widgets were to be completed by today. Unfortunately, the project is behind schedule, and only 9,000 widgets have beenÂ completed. Actual manufacturing costs to date are $90,000. In the above scenario, what is the cost variance? A. $0 B. -$5000 C. -$9,000 D. -$10,000 Question 40Scenario : 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 41Of 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 42You are the project manager and responsible for quality audit. You have been accused for being a fanaticÂ because of your practice of conducting not one, but multiple, quality audit on a project. Which one of the following typesÂ of audits is not an example of a quality audit? A. Internal B. Scope C. Baseline D. System Question 43Examples of team building activities include: A. Establishing ground rules for dealing with conflict. B. Regular progress reviews. C. Periodic social events for team members. D. All of the above Question 44Scenario 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 45Which of the following strategies will be most helpful in developing a good client relationship? A. Avoid documentation of issues which may irritate the client. B. Involve the client as much as possible In the project activities C. Communicate with the client through the procurement office to avoid legal entanglements. D. Advise team members to communicate with members of the client organization during scheduled meetings rather than Informally. Question 46A 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 47A project schedule completion date will change if: A.The critical path is reduced. B. The contingency is no longer available. C. No float time is available. D. Project resources are reduced. Question 48Scenario: Joe has been assigned to a project developing a new automobile design. Joeâ€Ÿs past performance reviewsÂ indicate frequent design flaws in his work. Peter is the project manager and Samantha is the lead designer on thisÂ project. In the above sample scenario, what actions should Peter and/or Samantha take ensure that Joeâ€Ÿs work isÂ satisfactory? A, Schedule an external audit of all designs. B. Assign design work to Joe, and highlight errors in the next designers workshop. C. Assign teams of designers to designs so one personâ€Ÿs weakness wonâ€Ÿt be reflected in the work. D. Implement frequent design reviews for all designers and require correction of flaws Question 49Scenario: A project manager is notified that one of the key personnel on his team has been hospitalized after fallingÂ down aÂ mountain while skiing. The project manager had not madeÂ any contingency plans for staff absences, so his nextÂ action is to contact Human Resources to identify potentialÂ replacements. Fortunately, a replacement is found from another project. In the sample scenario above, what risk response strategy has been implemented? A. Acceptance B. Avoidance C. Workaround D. Staff Planning Question 50When 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 51Of 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 52Parametric cost estimating involves: A. Using the work breakdown structure as the basis for estimating. B. Defining the parameters of the project life cycle. C. Calculating individual cost estimates for each work package. D. Using rates and factors based on historical experience to estimate costs. Question 53Configuration management is a technique for: A. Integrated change control. B. Project plan execution. C. Scope planning. D. Risk quantification. Question 54What 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 55Characteristics of a good project manager include all of the following except : A. Ability to perform technical activities B. Ability to identify company goals C. Ability to assess the project environment D. Ability to provide project funding Question 56SCENARIO : It is critical for your company to offer its products on the Internet to increase its market share. TheÂ company has noÂ previous experience in this area, but it believes thatÂ knowledge is needed rapidly. As you have shown anÂ interestÂ in the Internet, you are asked to start planning for thisÂ project. What is the FIRST step to take asÂ you begin planning? A. Identify the risks. B. Plan the scope. C. Establish a resource plan. D. Complete a cost and schedule estimate. Question 57Cost estimates may be expressed in: A. Units of currency. B. Staff hours. C. Staff days. D. All of the above Question 58Scenario: A project manager loads tasks, effort estimates, assignments, and task dependencies into project planningÂ software. The resulting plan has many tasks starting on Day 1 of the project that are assigned to Susan Jones. TheseÂ tasks have no functional dependencies (i.e., they are not required to be completed in any particular order.) The planÂ shows that Susan will be working 15 hours per day What should the project manager do first in responding to the above scenario? A. Call the software technical support line to find out why the software assigned multiple tasks to the same day. B. Reassign some of the tasks to another team member. C. Use the software leveling function to attempt to balance Susan's workload D. Ask Susan if overtime is acceptable and, if so, submit an overtime authorization. Question 59In 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 60You'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.