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Negotiated Settlements are an example of a technique used in which Project Procurement Management Process?
Which of the following is one of the key components of the basic communications model?
As project manager, you wish to impose a standard method by which subordinates calculate project costs.
Which level of communication should be required for this effort?
A project has experienced significant delays due to equipment problems, staff attrition, and slow client reviews. The project is 40 percent complete and has used 60 percent of the available calendar time.
What is the FIRST thing you should do?
Resource reallocation from non-critical to critical activities is an example of which Project Scheduling technique:
Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely 6 days, what is the PERT weighted average?
Surveys have shown that the primary skill needed to be a project manager is communication skill. The typical project manager spends approximately ______ percent of his or her time communicating.
Which tools or techniques will the project manager use for developing the project team?
Management styles associated with production environments, such as assembly lines commonly include:
The project manager has performed schedule network analysis, compressed the schedule, and completed a Monte Carlo analysis.
What time management activity should be done NEXT?
Which of the following is a conflict resolving technique that emphasizes areas of agreement rather than areas of difference?
Which stakeholder is responsible for managing related projects in a coordinated way?
You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process group. You've published the scope statement and scope management plan.
The document that describes who will receive copies of this information as well as future project information, how it should be distributed, and who will prepare it is which of the following?
A project manager you are mentoring comes to you for help because he is about to face his first procurement audit. You might explain that he should NOT worry about such an audit because it:
You are a project manager for the Swirling Seas Cruises food division. You're considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish'n for Chips will be $800,000, with expected cash inflows of $300,000 per quarter. Project Picnic's payback period is six months.
Which project should you recommend?
The approval of which of the following indicates formal initiation of the project?
During the opening rounds of contract negotiation, the other party uses a fait accompli tactic. Which of the following statements is true about fait accompli tactics?
Draw the precedence diagram for the dependencies and activity times below to answer the question. Use AON or another technique to derive the answer using F-S relationships.
What is the total float on path BEG?
A team member notifies the project manager that the activities comprising a work package are no longer appropriate.
It would be BEST for the project manager to be in what part of the project management process?
The initial development of a Project Scope Management plan uses which technique?
A project manager needs the project team to make a group decision. Which of the following is a method that can be used to reach a group decision?
Planning activities such that predetermined resource availability pools are not exceeded is called:
In the three-point estimating technique, if the most likely estimate for an activity to complete is 100 days, the optimistic estimate is 60 days, and the pessimistic estimate is 200 days, what is the expected duration in which the activity will be completed?
Which of the following will be required to perform simu-lation for schedule risk analysis?
Which of the following is one of the tools and techniques for the Define Activities process?
A project manager has just been assigned to a new project and has been given the approved project charter. The FIRST thing the project manager must do is:
Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?
You are a project manager for Dutch Harbor Consulting. Your latest project involves the upgrade of an organization's operating system on 236 servers. You performed this project under contract.
You are in the Closing process and know that product verification is for what purpose?
History has shown that project managers can be trained in a combination of ways.
Which method is usually preferred by most companies?
Which project management process ensures the seller's performance meets procurement requirements and that the buyer performs according to the terms of the legal contract?
The project manager and project sponsor are discussing the project costs and whether it is better to have their own company do part of the project or hire another company to do the work. If they asked for your opinion, you might say it would be better to do the work yourself if:
Which type of analysis is used to examine project results through time to determine if performance is improving or deteriorating?
Your project team has identified several potential risks on your current project that could have a significant impact if they occurred. The team examined the impact of the risks by keeping all the uncertain elements at their baseline values.
What type of diagram will the team use to display this information?
Using the chart, what is the lowest cost of crashing this project to save four weeks?
Which of the following lists contain processes that are included within Project Procurement Management?
Company A bought a well-defined project deliverable from Company B. Company A will pay a fixed total price plus a percentage premium for the schedule target achieved.
The Project Integration Management knowledge area includes which of the following set of processes?
When working in a matrix environment, all of the following are true regarding the Manage Project Team process except for which one?
Which process involves aggregating the estimated costs of the individual schedule activities or work packages?
Cost management includes processes that are required to maintain financial control of projects. These processes may include:
Information collected on the status of project activities being performed to accomplish the project work is known as what?
Sally is a project manager working on a project that will require a specially engineered machine. Only three manufacturers can make the machine to the specifications Sally needs. The price of this machine is particularly critical to this project. The budget is limited, and there's no chance of securing additional funds if the bids for the machine come in higher than budgeted.
She's developing the evaluation criteria for the bidders' responses and knows all of the following are true except for which one?
You are a project manager for a software manufacturing firm. The project you've just finished created a new software product that is expected to become a number-one seller. All prerelease of software is handled through the marketing department. A friend of yours is a certified software instructor. They have asked you for a copy of the software prior to the beta release so they can get familiar with it.
What is the most appropriate response?
Within a matrix organization, dual reporting of team members is a risk for project success.
Who is responsible for managing this dual reporting relationship factor?
Which of the following documents allows the project manager to assess risks that may require near term action?
A line manager who is asked to wear two hats and function as a project manager at the same time is likely to exercise:
In what type of contract is the seller reimbursed for all allowable costs for performing the contract work and receives a predetermined fee based upon achieving certain performance objectives as set forth in the contract?
Control Charts, Flowcharting, Histograms, Pareto Charts, Scatter Diagrams are tools and techniques of what process?
You are a contract project manager working with the State of Bliss. Your latest project involves rewriting the Department of Revenue's income tax system. As project manager, you have taken all the appropriate actions regarding confidentiality of data. One of the key stakeholders is a huge movie buff, and she has the power to promote you into a better position at the conclusion of this project. She's reviewing some report data that just happens to include confidential information regarding one of her favorite movie superstars.
What is the most appropriate response?
You are a project manager working on gathering requirements and establishing estimates for the project.
Which process group are you in?
Which of the following would be the MOST appropriate thing to do during the planning process group?
Which of the following would most likely increase the accuracy of estimating the project cost?
Which knowledge area is concerned with the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information?
TESTED 19 May 2024
