question

A project monitoring system involves all of the following except

answer

Adjusting the data

question

A typical project progress report would contain all of the following sections except

answer

All of these are typical sections

question

The first step in the project control process of the measurement and evaluation of project

answer

Set a baseline plan

question

The second step in the project control process of the measurement and evaluation of project performance is to:

answer

Measure progress and performance

question

A typical tool used to communicate project status is a

answer

Gantt Chart

question

The second step in the project control process for measuring and evaluating project performance is to

answer

Measure progress and performance

question

A ___________ Gantt chart is a simple and effective way to depict progress on a project.

answer

Tracking

question

A tool used to monitor past project schedule performance, current performance, and to estimate future schedule trends is a simple line chart known as a

answer

Project control chart

question

The earned value system starts with the time-phased costs that provide the project baseline, which is called the

answer

Planned budgeted value of work scheduled

question

The cost variance for a project is calculated by

answer

EV-AC

question

Baseline project budgets are derived from

answer

Time-phasing the work packages

question

Of the following costs, which are NOT included in baseline?

answer

Budget reserves

question

Which of the following methods will measure the cost efficiency of the work accomplished to date?

answer

EV/AC

question

A CPI or SPI value less than one indicates that the project is

answer

Over cost or behind schedule

question

The value that tells you the planned value of work that has actually been completed is the

answer

EV

question

The indicator that tells you the amount each remaining dollar must earn in order for the project to stay within budget is the

answer

TCPI

question

Nancy tells her supervisor that as of right now, $1.05 worth of work has been accomplished for each $1 worth of scheduled work. Nancy got this information from viewing the

answer

SPI

question

Sally receives the following information on her project: PV=100, AC=75, EV=100. How well is the project doing in terms of budget?

answer

25 under budget

question

Jessica just received the following information on her project: PV =200, EV=300, AC=250, BAC=1500, EAC=1208. In terms of cost at completion

answer

The project will currently finish under budget

question

Which of the following is NOT true regarding scope creep?

answer

It commonly occurs late in projects

question

The most common circumstance for project closure is simply a _____ project

answer

Completed

question

_____ of lessons learned are designed to improve performance on current and future

answer

Retrospectives

question

The content of the final report typically includes the following topics

answer

All the above are correct

question

This type of closure occurs when the project may never seem to end. This is considered to be _____ closure.

answer

Perpetual

question

When a project may start with a high priority but see its rank erode or crash during its project life cycle as conditions change this is an example of:

answer

Changed Priority

question

Which of the following is not a wrap-up closure activity that might be found on a checklist?

answer

Evaluation of team performance

question

The content of the final report typically includes the following topics EXCEPT

answer

Team reviews

question

When the project may be completed early with some parts of the project eliminated this is considered to be ___________ closure.

answer

Premature

question

When a project starts with a high priority but it is cancelled because its rank erodes or crashes during its project life cycle, this is an example of what type of project closure?

answer

Changed Priority

question

Which of the following summarizes project performance and provides useful information for continuous improvement?

answer

The final report

question

Which part of the final report examines in detail the underlying causes of problems, issues, and successes relative to the project and includes concise, factual review statements of the project?

answer

Review and analysis

question

The purpose of project evaluation is to assess how well

answer

The project team, team members and the project manager performed

question

Which of the following would NOT be appropriate to assess when evaluating team performance?

answer

Individual strengths and weaknesses

question

An analysis carried out during and shortly after the project life cycle that attempts to capture positive and negative learning is represented in which of the following?

answer

Lessons learned

question

The process for capturing lessons learned continues to evolve, but there are still many barriers to effectively capitalizing on lessons learned that have been identified. The following are examples of these barriers EXCEPT

answer

Lessons learned are being used across different locations

question

The following are distinguishing characteristics of retrospectives methodology EXCEPT

answer

Reviews cannot be linked to percent complete

question

A guide who leads the project team through an analysis of project activities that went well, what needs improvement, and development of a follow-up action plan with goals and accountability is a(n)

answer

Facilitator

question

More and more companies are discarding the traditional superior-subordinate performance feedback process and replacing it with a multi-rater appraisal called

answer

The 360-degree feedback

question

Which of the following is NOT a role of the closure facilitator?

answer

Get delivery acceptance from the customer

question

Each retrospective is assigned a(n) _________, typically a team member who is very interested in and familiar with the retrospective. This individual will serve as the contact point for anyone needing information relating to the retrospective.

answer

Owner

question

If a construction company in Dallas builds a bridge in Houston, the project would be classified as

answer

Domestic

question

If the Lincoln Log Construction Co. (based in Chicago) built an assembly plant for General Motors in Nigeria, the project would be classified as

answer

Overseas

question

If IBM built a computer system for Outback Barbie Inc. (based in Australia) at their corporate headquarters in Sydney, the project would be classified as

answer

Foreign

question

McDonald's is creating a multinational distribution system for all of its foreign and domestic subsidiaries. The project manager is from the corporate headquarters and he manages teams from each of the countries involved. The project would be classified as

answer

Global

question

Which of the following is not one of the potential results for the international project manager?

answer

All of these are potential results

question

If a construction company in Dallas builds a bridge in Houston, the project would be classified as

answer

Domestic

question

McDonald's is creating a multinational distribution system for all of its foreign and domestic subsidiaries. The project manager is from the corporate headquarters and he manages teams from each of the countries involved. The project would be classified as

answer

Global

question

Which of the following is NOT a potential negative outcome for an international project manager?

answer

Virtual teams

question

The growing presence of crime resulting from the Russian Mafia has discouraged many foreign firms from setting up operations in the former Soviet Union. This is an example of which of the following environmental factors?

answer

Security

question

Exchange rates, inflation, and education level of the workforce are examples of which of the following environmental factors?

answer

Economic

question

Communication difficulties due to language differences is an example of which of the following environmental factors?

answer

Cultural

question

Which of the following can help a project manager to digest, clarify, and understand the factors leading to the selection of a specific international project?

answer

Risk Matrix

question

American project managers have earned a reputation abroad for being very good at understanding technology but not good at understanding:

answer

People

question

In this culture, preference is given to friends when hiring, contracting, procuring and sharing business opportunities. Family is also very important and trustworthiness is often gauged by the level of loyalty and attention one devotes to their family.

answer

Mexican

question

In France, which of the following factors is considered much more important than in the U.S.?

answer

Social class

question

In Chinese culture, the personal connections with appropriate authorities or individuals is termed

answer

Guanxi

question

It is common practice to rely on ___________, often natives who are foreign educated, to bridge the gap between cultures.

answer

Intermediaries

question

The following are ways of coping with culture shock EXCEPT

answer

Keep expectations high

question

Which of the following is NOT one of the forms that stress-related culture shock takes?

answer

Hyperactivity

question

When the new and unusual are welcomed you are experiencing which of the following stages of culture shock?

answer

Honeymoon

question

Typical activities of project oversight cover which of the following dimensions?

answer

Organization & Project

question

The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as:

answer

Portfolio Project Management

question

Project Management Office functions typically include all of the following except:

answer

Select which projects to undertake

question

The in-depth review of individual projects at specific phases in the project life cycle is known as:

answer

Phase Gate Methodology

question

During which of the following phase gates would the question of "Does this project align with our strategic direction?" be answered?

answer

Proposal

question

The term that can be defined as a set of principles and processes to guide and improve the management of projects is

answer

Project oversight

question

The intent of project oversight includes all of the following EXCEPT

answer

Meet the needs of the organization through improving everyday business activities

question

Typical activities of project oversight cover which two dimensions?

answer

Organization and project

question

At the project level, all of the following are examples of oversight activities EXCEPT

answer

Project selection

question

The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as

answer

Portfolio Project Management

question

Project office functions typically include which of the following?

answer

Create and maintain the internal project management information system, Recruit and select project managers, Train personnel in project management techniques, Develop risk management programs

question

The in-depth review of individual projects at specific phases in the project life cycle is known as

answer

Phase Gate Methodology

question

During which of the following phase gates would the question of "Does this project align with our strategic direction?" be answered?

answer

Proposal

question

During which of the following phase gates would the questions "Are the resources needed identified and available?" and ?Are tasks sequenced and is a time-phased budget established?? be answered?

answer

Implementation plan

question

Which of the following is not one of the growth levels in the Organization Project Management Maturity Model (OPM3TM)?

answer

Expanded (expansion of project management system

question

The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Project Management Maturity Model Levels?

answer

Formal Application of Project Management

question

Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects in which of the following Project Management Maturity Model Levels?

answer

Management of Project Management System

question

Each gate within the phase gate review process should, at a minimum, include the following EXCEPT

answer

A plan to proceed

question

In which of the following Project Management Maturity Model Levels is the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods?

answer

Optimization of Project Management System

question

The balanced scorecard model differs from selection models by reviewing projects over a longer horizon ___________ after the project is implemented.

answer

5-10 years

question

Traditional approaches to project management concentrate firmly on

answer

Thorough planning up front

question

Project ________ varies according to the extent the project scope is known and stable and the technology to be used is known and proven.

answer

Uncertainty

question

When considering traditional versus agile project management, all of the following are part of the traditional project management model EXCEPT

answer

Continuous design

question

When considering traditional versus agile project management, all of the following are part of the agile project management model EXCEPT

answer

Design up front

question

When considering the agile project management process, at the end of each iteration

answer

Stakeholders and customers review progress and reevaluate priorities

question

Traditional approaches to project management concentrate firmly on

answer

Thorough planning up front

question

In many cases, _________ only begin to understand what they actually desire when they are provided with someone's impression of what they want.

answer

Customers

question

When determining project uncertainty, _________ can be a source of unpredictability.

answer

Technology

question

_____________ represents a fundamental shift away from the traditional plan-driven project management approach by adopting a more experimental and adaptive approach to managing projects.

answer

Agile project management

question

When considering the Agile Project Management process, at the end of each iteration

answer

Stakeholders and customers review progress and re-evaluate priorities

question

A new holistic approach in new commercial product development efforts where the cross-functional team collaborating to develop a new product is compared to rugby, where the whole team ?tries to go the distance as a unit,? is known as

answer

Scrum

question

Scrum uses a series of coordinated meetings to manage the development process. Which of the following is held at the start of each sprint? During this meeting the product owner and development team negotiate which product backlog items the team will attempt during the next sprint.

answer

Sprint planning meeting

question

Iterative development processes provide the following important advantages EXCEPT

answer

Ease of comparing actual information against planned

question

While Agile Project Management does not consist of one set method, most methods are based on similar principles. Which of the following Agile Project Management principles would be described when employing business-driven prioritizations of requirements and features to satisfy customer needs?

answer

Focus on customer value

question

While Agile Project Management does not consist of one set method, most methods are based on similar principles. Which of the following Agile Project Management principles would be described when testing assumptions early and building working prototypes to solicit customer feedback and refine product requirements?

answer

Experimentation and adaptation

question

Specific features are created using Scrum methodology according to four distinct phases. Which of the following is NOT one of these phases?

answer

Monitor

question

Scrum relies on three key roles. A person who acts on behalf of customers to represent their interests and who is responsible for ensuring that the development team focuses their efforts on developing a project that will fulfill the business objective of the project is called a

answer

Product owner

question

The _________ is the customer's prioritized list of key features desired when the project is completed

answer

Product backlog

question

For some Agile projects, ___________ are established, which is the maximum budget that should not be exceeded in the development of a given product or service.

answer

Agile accounts

question

Baseline budget

answer

A concrete document and commitment; it represents the first real plan with cost, schedule, and resource allocation. The planned cost and schedule performance are used to measure actual cost and schedule performance. Serves as an anchor point for measuring performance

question

Budget at completion (BAC)

answer

Budgeted cost at completion. The total budgeted cost of the baseline or project cost accounts.

question

Control chart

answer

This chart is another tool used to monitor past project schedule performance and current performance and to estimate future schedule trends.

question

Cost performance index (CPI).

answer

The ratio of work performed to actual costs (EV/AC).

question

Cost variance (CV)

answer

The difference between EV and AC (CV = EV - AC). Tells if the work accomplished cost more or less than was planned at any point over the life of the project

question

Earned value (EV)

answer

The physical work accomplished plus the authorized budget for this work. Previously this was called the budgeted cost of work performed (BCWP)

question

Estimated cost at completion (EAC)

answer

The sum of actual costs to date plus revised estimated costs for the work remaining in the WBS. The text uses EACre to represent revisions made by experts and practitioners associated with the project. A second method is used in large projects where the original budget is less reliable. This method uses the actual costs to date plus an efficiency index (CPI = EV/AC) applied to the remaining project work. When the estimate for completion uses the CPI as the basis for forecasting cost at completion, we use the acronym EACf, where EACf = estimated costs at completion. Includes costs to date plus revised estimated costs for the work remaining. (Uses formula to compute EAC.)

question

Estimated cost at completion—Forecasted (EACf)

answer

Estimated cost to complete (uses formula to compute estimates).

question

Estimated cost at completion—Revised (EACre)

answer

Estimated cost to complete (uses expert estimates).

question

Percent complete index—budget costs (PCIB)

answer

Percentage of work accomplished to date based on original budget of the project (EV/BAC).

question

Percent complete index—actual costs (PCIC).

answer

Percentage of work accomplished to date based on expected cost of the project. (AC/EAC).

question

Schedule performance index (SPI)

answer

The ratio of work performed to work scheduled (EV/PV).

question

Schedule variance (SV)

answer

The difference between the planned dollar value of the work actually completed and the value of the work scheduled to be completed at a given point in time (SV = EV - PV). Schedule variance contains no critical path information.

question

Scope creep

answer

The tendency for the scope of a project to expand once it has started.

question

To complete performance index (TCPI)

answer

The value each remaining dollar in the budget must earn to stay within budget (BAC-EV/BAC-AC).

question

Tracking Gantt chart

answer

A Gantt chart that compares planned versus actual schedule information.

question

Variance at completion (VAC)

answer

Indicates expected actual cost over- or under run at completion (VAC = BAC − EAC).

question

Lessons learned

answer

Lessons learned represent an analysis carried out during and shortly after the project life cycle; they attempt to capture positive and negative project learning.

question

Performance review

answer

In general, all review methods of individual performance center on the technical and social skills brought to the project and team. These reviews stress personal improvement and are frequently used for salary and promotion decisions.

question

Project closure

answer

All of the activities of shutting down a project. The major activities are evaluation of project goals and performance, developing lessons learned, releasing resources, and preparing a final report.

question

Project evaluation

answer

The process of assessing, verifying, and documenting project results.

question

Project facilitator

answer

A guide who leads the project team through an analysis of project activities that went well, what needs improvement, and development of a follow-up action plan with goals and accountability.

question

Retrospective

answer

A methodology that analyzes a past project event to determine what worked and what didn't, develops lessons learned, and creates an action plan that ensures lessons learned are used to improve management of future projects.

question

Team evaluation

answer

Evaluating the performance of the project team using a minimum core of conditions in place before the project began. Evaluation practices should emphasize the team as a whole, while minimizing individual performance.

question

360-degree review (feedback)

answer

A multirater appraisal system based on performance information that is gathered from multiple sources (superiors, peers, subordinates, customers)

question

Cross-cultural orientations

answer

A term used by Kluckhohn and Strodtbeck to describe how societies vary in their responses to different issues or problems.

question

Culture

answer

The totality of socially transmitted behavior patterns, beliefs, institutions, and all other products of human work and thought characteristic of a community or country.

question

Culture shock

answer

A natural psychological disorientation that most people suffer when they move to a culture different from their own.

question

Infrastructure

answer

Basic services (i.e., communication, transportation, power) needed to support project completion.

question

Balanced scorecard

answer

Model that measures the long-run results of major program activities in four areas—customer, internal, innovation and learning, and financial.

question

Oversight

answer

A set of principles and processes to guide and improve the management of projects. The intent is to ensure projects meet the needs of the organization through standards, procedures, accountability, efficient allocation of resources, and continuous improvement in the management of projects

question

Phase gating

answer

A structured process to review, evaluate, and document outcomes at each project phase and to provide management with information to guide resource deployment toward strategic goals.

question

Portfolio management

answer

Centralized selection and management of a portfolio of projects to ensure that allocation of resources is directed and balanced toward the strategic focus of the organization.

question

Project management maturity

answer

A model used to assess project management practices against others in the same industry and to guide and continuously strive to improve the management of projects. Most maturity models recognize levels of maturity so organizations can gauge their relative maturity against others in their industry

question

Project office (PO)

answer

A centralized unit within an organization or department that oversees and improves the management of projects.

question

Agile PM

answer

A family of incremental, iterative development methods for completing projects

question

Feature

answer

A piece of a product that delivers some useful functionality to a customer.

question

Iterative incremental development (IID)

answer

A cyclical development process in which a project gradually evolves over time

question

Product backlog

answer

A prioritized list of project requirements with estimated time to turn them into complete product functionality.

question

Product owner

answer

The person responsible for managing the product backlog in Scrum so as to maximize the value of the project. The product owner represents all stakeholders.

question

Release burndown chart

answer

The trend of work remaining across time. In a release or product, the source of data is the product backlog with work remaining tracked on the vertical axis and number of sprints on the horizontal axis.

question

Scaling

answer

Adapting Agile PM to large, multi-team projects.

question

Scrum master

answer

The person responsible for the Scrum process and its correct application.

question

Scrum meeting

answer

A short status meeting held daily by each team during which the team members synchronize their work and progress as well as report any impediments for removal by the Scrum master.

question

Self-organizing team

answer

A semi-autonomous team that manages itself.

question

Sprint backlog

answer

A list of tasks that defines a Scrum team's work for a sprint. Each task identifies those responsible for doing the work and the estimated amount of work remaining on the task on any given day during the sprint.

question

Sprint burndown chart

answer

The trend of work remaining across time in a sprint. The source of data is the sprint backlog with work remaining tracked on the vertical axis and days of a sprint on the horizontal axis

question

The following are true regarding career paths within project management EXCEPT

answer

You can likely become a project manager as soon as you graduate from a university

question

One aspect of project management that is unique is the _______ nature of assignments

answer

Temporary

question

If you are considering pursuing a career in project management, you should first find out what specific project job opportunities exist ___________.

answer

Within your company

question

Few project managers have received formal training. Typically they have mastered the job through __________, supplemented by occasional workshops on specific project topics such as project scheduling or negotiating contracts.

answer

On-the-job training

question

When possible, you should choose to manage the following projects EXCEPT

answer

That are run-of-the-mill with low risk

question

Certified Associate in Project Management (CAPM)

answer

Certificate degree offered by PMI which requires no project management experience, but simply passing a test based on PMBOK.

question

Mentor

answer

Typically a more experienced manager who acts as a personal coach and champions a person's ambitions.

question

Project Management Professional (PMP)

answer

An individual who has met specific education and experience requirements set forth by the Project Management Institute, has agreed to adhere to a code of professional conduct, and has passed an examination designed to objectively assess and measure project management knowledge. In addition, a PMP must satisfy continuing certification requirements or lose the certification.

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