ECO PROCESS

You are the project manager for a Fortune 100 IT company, and you are currently engaged in an important project. You want to choose the best contractor for a specialized task.

Your construction project is in execution, and you require a major change to one of your supplier agreements. Can you directly make this change with mutual consent of the supplier during the Control Procurements process, or do you have to visit the Perform Integrated Change Control process, as well?

Suzan is a project manager. She has evaluated certain responses from prospective sellers and wants to select a contract model that will transfer risk to the seller.

Sela is a product owner responsible for the company’s IT project .During an afternoon working session, she works with the team to review user stories in preparation for the next sprint. Her intention is to ensure the team knows enough about the stories and how large they are in relation to each other. What activity is Sela performing?

Match the term with its definition.

Maintaining good supplier relationships should be important to all project managers. A good buyer-seller relationship is a partnership that results in a win-win situation that nurtures both parties. Which of the following is both a short-and long-term benefit of treating a supplier with courtesy, honesty, and fairness?

A project manager feels the need of updating one of the project supplier contracts to meet the project’s current needs. However, before any change requests, the project manager must know the right process to incorporate a change into this specific contract. What should he do first?

Risk strategy, methodology, and risk-related roles and responsibilities are all elements of what?

The agile technique of on-demand scheduling is not suitable when

A project manager has just wrapped up a successful project in an environment that uses a streamlined hybrid approach to project delivery. Who is responsible for writing the project’s final report?

Contract phases are closely related to the Project Procurement Management Knowledge Area processes. Which of the following are true? (Select three.)

A construction project requires that government environmental hearings be held prior to site preparation. What kind of dependency is this?

What is the formalized document called that identifies 12 principles of the Agile approach?

A project manager is in the process of assembling the final report of the project. What project document are they likely to reference to view the completion date of major project deliverables?

A project manager works with the project team to identify lessons learned. The information captured will then be archived and summarized within the project’s final report. What activity is the project team engaged in?

Which of the following characteristics do all project life cycles share?

Which of the following best describes the purpose of the Monitoring and Controlling process group?

Projects are often started as a result of an external factor such as market demand for a new product, a new legislative or regulatory mandate, or a change in technology. This results in the creation of or organization external to the project

You are the project manager ,As you move into the final closing stages of the project, you review communications generated for and by stakeholders as a method of analyzing feedback. What document will you reference to review this feedback?

Loay is managing the development of an e-commerce website for his organization. Loay enjoys coercive powers. He has assigned Julie, a project team member, to facilitate the team meetings. During any team meeting, Julie must:

Once a project’s business case has been approved, what should be done next?

The project manager controls the interfacing and overlapping areas of the organization’s procurement processes, along with the project schedule, with processes from this area:

Agile project management can best be described as which of the following?

Sela is a project manager tasked with putting together the project charter for a project, Sela is likely to include all of the following elements within the project charter except for which one?

A project manager facilitated a meeting with the product manager and project team to discuss the results of the latest iteration. As part of the meeting, the project manager also reviewed the budget consumed to date on the project, highlighting appraisal costs. Which of the following best describes appraisal costs?

Project costs are estimated for all project activities and are aggregated to establish a cost baseline. Which of the following statements about the cost baseline is not true?

A short, time-bound period of work is also referred to as which of the following?

When is a project considered successful?

Analysis of project spending against project budget and calculation of the percentage complete of tasks currently underway are examples of:

You are project manager for industrial project one of your team member asking you that measuring the quality of items in a sample on a pass/fail basis is:

As per Quality rule , Which of these statements is true?

A project manager facilitates a meeting to provide updated information regarding the progress of the project. What type of meeting is this?

Lucy leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. While coaching one of her project managers on Agile practices, she explains that Agile teams focus on rapid product development. What reason is Lucy likely to provide for carrying out this approach?

You are working on the risk management plan for your current project and need to document how the risk activities will be recorded for the benefit of future projects. Which part of the risk management plan addresses these issues?

As part of earned value management (EVM), a project manager is calculating the to-complete performance index (TCPI) based on EAC. The data he has is as follows: The budget at completion for the project is \$100,000. The earned value for the project is \$25,000. The actual costs to date are \$40,000, and the estimate at completion is \$115,000. What is the TCPI that he will get?

A project manager is analyzing the relationship between the consumption of project funds and the work being accomplished for such expenditures. In which project management process would this be done?

You are the project manager and You’re working on the procurement documents for the computer software program ,You’ve decided to contract with a professional services company that specializes in writing custom software programs. You want to minimize the risk to the organization and want a well-defined set of deliverables for a set price. You have agreed to pay the vendor a bonus if they complete the program at least 30 days earlier than scheduled, so you’ll opt for which contract type?

You are a project manager for Construction project . To date, You have identified risks, analyzed them, and developed risk responses for your project. Now, you and the team are executing the work and responding to risk triggers. What project management artifact will they need?

If earned value = 500, planned value = 700, and actual costs = 450, what is the cost variance?

Variance analysis refers to cost performance measurements used to determine the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses?

A project uses rounding of activity cost estimates data to the nearest \$100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10 percent deviation from the baseline plan. These approaches are typically documented in the:

20 percent of the work was completed in a project. At this stage, the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance that must be achieved on the remaining work?

Projects that combine elements of different life cycles to achieve a specific goal are said to use what type of project life cycle?

The project sponsor emails the project manager urgently requesting the latest measurement of cumulative work performed, expressed in terms of the approved budget. The sponsor notes that they must have this information by end of day to prepare for a critical meeting the next morning. What information is the sponsor looking for?

Which of the following project management documents records challenges, problems, realized risks, and opportunities?

A project manager is carrying out activities associated with the Manage Communications process. What result will these activities produce?

You are a project manager of medical project and you recently finalized and published the scope. A key subject-matter expert on your team asks to see the list of acceptance criteria. What document will you reference to get this information?

A product owner attends a session with the team and other key stakeholders to review a demonstration of the deliverable produced. What is the frequency of this type of meeting when following an iteration-based Agile approach?

On-demand scheduling is one of the techniques used in agile environments. This type of scheduling _ resources become available work from backlog as

Lucy is a project manager, While managing the execution of the project team’s work, she notices that two critical activities are delayed and decides to speak to the project sponsor. What action are Lucy and the project sponsor likely to take?

A Scrum master facilitates a monthly session with the team to discuss what went well in the latest sprint, what could have gone better, and what they will commit to improving in the next sprint. This meeting is referred to as a:

Which of the following statements regarding Resource Leveling and Resource Smoothing is correct:

You have a schedule activity that can be delayed without delaying the early start date of any subsequent activities. This is an example of:

You are the project manager responsible for building a 100,000-square- foot data center. One of the scheduled activities in your plan is to install the Computer Room Air Conditioning (CRAC) units. However, a raised floor must be installed in the data center before installation of the units can begin. This is an example of what type of precedence relationship?

Which of these is accurate regarding the Develop Schedule process?

Your project sponsor has reviewed the initial project schedule you created for the project. He is not happy with the project end date because it doesn’t match the promise date he gave the customer. You decide to use some compression techniques first. Which of the following statements should you keep in mind (and know to be true) regarding duration compression?

After meeting with several subject-matter experts, the project manager determines that the project phases will need to occur one after the other. What project life cycle is the project manager using?

Which of the following statements BEST describes the Agile Manifesto?

Florian is a project manager on a team that follows separate phases for each project, starting with a requirements phase followed by a design phase. Some work can begin on the code before the requirements and design are finished, but the team typically doesn’t consider any work to be complete until those phases are finished. Which term BEST describes Florian's projects?

What is most important for your agile team to continuously focus on?

You are meeting with your stakeholders to gather requirements for your project. You are well aware that requirements to be gathered include both product and project requirements. All the following tools can be used to gather, define, and analyze project requirements from stakeholders except:

Which of the following statements accurately describes how the completion of project scope and the completion of product scope are measured?

As you are project manager you have to know ,The most and lowest detailed level of the WBS is the ---------------------

In the WBS there is a management control point where scope, budget and schedule are integrated and compared to earned value for performance measurement is a:

You are a project manager who is in charge of an important project for your company. The project is 40 percent complete after three months and has cost \$350,000. The budget for the project is \$950,000 and is scheduled to last eight months. How is the project performing?

Two stakeholders are out of town on a business trip and are available sporadically. A third person has an extremely busy schedule and can't squeeze another lengthy meeting into his day. You believe it's important to have regular face-to-face interaction with each stakeholder. How can you accommodate their needs? (Choose two.)

The project sponsor asks you to increase budget estimates by 25 percent to ensure that the project has enough funds budgeted. What should you do?

You are the Project Manager for medical project . You are trying to forecast estimates for the final phase of the project you are currently working on. Based on the performance of the project to date, which formula can be used to estimate the total value of the project when completed, assuming similar variances will not occur?

A project manager prepared quantitative assessments of the probable costs required to complete a project and produced activity cost estimates. He or she also prepared some supporting detail for these estimates. Which of the following would not be a supporting detail for cost estimates?

You are a project manager for Groceries ’R’ Us, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame were \$150,000 and\$500,000. After five months, you do a performance measurement analysis. You are currently not ahead of schedule. The actual costs for the foundation and frame were \$175,000 and \$650,000. At this point, 100 percent of the foundation is complete, and only 80 percent of the frame is complete. Which value represents the cost performance index (CPI) to two decimal places at this point in the project?

Which of the following statements is incorrect?

Which of the following is an agile prototyping technique showing sequence or navigation through a series of images or illustrations:

A project manager used the services of a trained moderator during the Collect Requirements process. Which of the following is likely to have required the services of a trained moderator?

You are working with your customers on completing deliverables in your electronic parts manufacturing project. Since these parts will be exported to other countries, they will need more testing before your customers accept them. In this scenario, which of the following statements about the completed deliverables is correct?

One of your stakeholders asking you ,which of the following is an output of the Create WBS process?

Agile release planning provides a high-level summary timeline of the release schedule based on the project roadmap. Agile release planning also determines the number of iterations required for the product development. These iterations are also known as:

Mido, a project manager for software Inc., has a project with a group of inexperienced programmers that will develop a software package that creates Material Safety Data Sheets (MSDS) for a chemical company. This situation strongly resembles a project his colleague, Peter, worked on in 2006. If Mido needs to come up with a rough order of magnitude estimate, what tool or technique should he use?

At project status meeting, all attendees receive a dashboard of cost metrics for each project, and each project manager is presenting the status of his or her project. The metrics for one project show a BAC of\$1100, an EV of \$998, and an EAC of \$1099. However, the project manager is reporting an ETC of \$354. What do you do?

A project involved development of a high-speed, hard disk drive. As part of its testing, the hard disk was subjected to continuous operation at a high speed and an elevated temperature. At the end of the test, the hard disk was destroyed beyond use. The cost of such testing is usually classified as:

While managing a large project, the project manager decided to include indirect costs as part of his cost estimate. If indirect costs are included in an estimate, which of the following is true?

In the earned value management technique, the cost performance baseline is:

Aseel is the project manager of a large project. During the Determine Budget process, she identifies that contingency reserves need to be set up for unplanned but potentially necessary changes that could result from realized risks identified in the risk register. Which of the following is true about reserves?

A project manager is estimating project costs and needs to decide whether the estimates will include direct costs only or include indirect costs, as well. In which of the following phases does this decision need to take place?

A technical team can begin to edit a large document 15 days after it begins writing it. What kind of dependency would this represent?

Which of the following is an example of a chart, used on agile projects, that tracks the work that remains to be completed in the iteration backlog?

Which of the Project Schedule Management processes involves identifying and documenting dependencies among schedule activities?

You are the project manager responsible for building a 100,000-square- foot data center. One of the scheduled activities in your plan is to install the Computer Room Air Conditioning (CRAC) units. However, before beginning the installation of the units, a raised floor must be installed for the units to bolt to. This is an example of what type of dependency?

You are managing a project that has a task to translate several pages of a document into Spanish. This is similar to a project done last year when a document was translated into German. You are not sure how long it will take to translate into Spanish, so you look at the project plan from the German translation and use that activity duration for your current project. What type of estimating is this an example of?

Crashing is an effective schedule compression technique at times when a project is struggling behind schedule. However, increasing the number of resources to twice the original number of the resources does not always cut the time by half. This is due to:

You are running one week behind on a project due to a late delivery by a vendor. You are forced to compress your project schedule due to a government-mandated end date that constrains your project. After meeting with your team, the decision is to work several tasks in parallel that were scheduled to be run consecutively. This is an example of:

A technique that calculates multiple project durations with different sets of activity assumptions and variables is:

There are two activities on your schedule: 1) Install server in lab, and 2) Move server into the data center. However, the second task cannot start until the server has run in the lab for five days without failure. This is an example of what?

Your project has total earned value (EV) is \$120,000 and the actual amount spent (AC) is \$115,000 what is the cost variance of the project?

A contractor is currently constructing a new building for your organization on a cost-plus-incentive contract. You just received the project status report from the contractor’s project manager. According to the report, the project’s CPI is 1.5. you are shocked because you believe the project cost are out of control. Upon investigation, you learn the \$1 million advance payment (20 percent of the estimated project cost) given to the contractor at the start of the project was included in the project’s earned value. Further, the cost of the inventory at the project site was excluded from the total actual costs. According to the contract, your company reimburses only the costs for the completed deliverables and not for the supplies in the project’s inventory. In this scenario, the reported project’s CPI is incorrect because:

Which of the following represents a benefit of using an Agile approach to manage projects?

As part of your latest project, you use an approach that yields frequent smaller deliverables throughout the span of the project. What type of project life cycle are you using?

A project manager has just closed out a procurement, which produced the final deliverable of the project. What is the project manager likely to do next?

Any project has one or more phase. Which of the following statements is not accurate about the initial phase of a project?

The cost estimates for a project are in the range of +/- 5 %. What phase is the project likely to be in?

Bottom-up Cost estimating is typically motivated by the size and complexity of:

Costs incurred in one area of a project can offset costs in another area of the same project. However, it is not enough to consider only the costs of project execution when making project decisions. What other costs external to the project must also be considered?

What does a Cost Performance Index (CPI) equal 1.0 indicate?

Alex is a project management guru hired by a retail giant in your country. Alex finds out there is a wide array of projects that need to be managed from a central PMO; from a number of small projects to large initiatives requiring long-term roadmaps to manage the development of these programs. What project management approach should be recommended for such projects?

Suzan is managing a website development project in an agile environment. She wants to create a burndown chart to present the project’s progress to the stakeholders. She adds a diagonal line representing the ideal burndown and a line for daily actual remaining work. She now needs to show the likely variance at the iteration completion. What should she do?

Breaking down project activities into smaller components in order to obtain a more accurate cost estimate and then aggregating the estimates of the lower-level components is:

Mandatory dependencies are those that are inherent in the nature of the work being done. They often involve physical limitations, such as on a construction project when it is impossible to erect the superstructure until the foundation is built. According to the PMBOK, a mandatory dependency is also:

Sela is currently facilitating the estimating process to calculate the duration of the project’s activities. Sela knows that she has reliable information and is therefore planning on using an estimating technique that will yield a highly accurate estimate with minimal effort expended. What estimating technique is she planning on using?

A project has the highest probability of completing successfully at which stage of the project?

A project manager is performing closing activities and is getting ready to release project resources. What document can they reference for guidance on how resources are to be released?

All of the following are Agile and Lean frameworks except for which one?

Lucy is a project manager   as part of her practice, she sits down with her sponsor to regularly evaluate how the project is performing. In their most recent meeting, they analyze whether sufficient contingency and management reserves remain. What technique is Carina using?

In Agile lifecycles, such as the agile approach for product development, requirements are documented as user stories that are then prior to construction.

You are managing an industrial project that involves many mechanical, electrical, and IT staff. Your team prepared a schedule network diagram using duration estimates with dependencies and constraints. Your team also calculated the critical path for the project using late and early values. Today, your project office has indicated to you that some of the resources you had planned for the project will be unavailable. To deal with this, you explore the possibility of modifying the schedule to account for limited resources. What is your best possible step in such a situation?

The on-demand scheduling approach used in agile environments is based on the theory-of-constraints and pull-based scheduling concepts from lean manufacturing to limit a team’s work in progress. This is also called:

As part of Define Activities, you are looking at dependencies used to define the sequence among the activities. Which of these is not a valid type of dependency?

Which of the following best describes overall project risk?

You use a predictive approach to managing projects and have just completed your cost baseline. Next, you begin working on determining funding requirements. Which of the following is true?

A project manager is performing activities associated with the Plan Procurement Management process. He is attempting to determine, along with the relevant subject matter experts, whether it makes more sense to develop internally or purchase a deliverable. What tools or methods can he use to produce a successful outcome?

Which of the following best describes the purpose of carrying out activities associated with planning stakeholder engagement?

Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do?