question

All of the following are among the types of capabilities that are useful for project team members EXCEPT:

answer

insensitivity towards others

question

Supply chain operations require managerial processes that span across functional areas within individual organizations.

answer

TRUE

question

All of the following statements accurately describe supply chain management EXCEPT:

answer

It is a closed-loop system solely within the project organization's boundaries

question

All of the following entities are typically included in the supply chain EXCEPT:

answer

public relations

question

Outsourcing project tasks has been is a well-established practice in various industries when it comes to project management.

answer

TRUE

question

Great team synergy can help make a team's capability better than the individual team member's capabilities.

answer

TRUE

question

Supply chains use a combination of modes of transportation including: air, rail, water, pipeline and trucks.

answer

TRUE

question

Sometimes firms develop a qualified sellers list and only allow those companies on the list to submit a proposal on the upcoming project.

answer

TRUE

question

The extent to which a project relies upon internal sources for materials and services varies from one project to another and from one organization to another.

answer

TRUE

question

A description of the procurement item in sufficient detail to allow prospective sellers to determine if they are capable of providing the products, services or results is known as:

answer

the procurement statement of work.

question

Leadership within a project team should be demonstrated only by the project manager.

answer

FALSE

question

The procurement management plan:

answer

describes how procurement processes will be managed.

question

Among the disadvantages associated with outsourcing is the potential loss of special skills for doing the outsourced activities.

answer

TRUE

question

Which party to a contract absorbs the preponderance of cost risk when a Firm-Fixed-Price (FFP) contract is used?

answer

the seller

question

Contract incentives are often used when the buyer wants to maximize some aspect of performance.

answer

TRUE

question

High-performing teams include members who typically hold which of the following values?

answer

a high need for achievement

question

A contract is a unilateral document that binds a seller to provide specified products and services under terms agreeable to the buyer.

answer

FALSE

question

All of the following accurately describe the features and characteristics of a contract EXCEPT:

answer

The project organization is always a buyer in a contract arrangement

question

One of the important factors that should influence the selection of contract type is the degree of risk to be assumed by both the seller and the buyer.

answer

TRUE

question

All of the following are advantages associated with assigning both core team members and subject matter experts to the project as soon as possible EXCEPT:

answer

early assignment of resources saves the project money

question

The adoption of specific ground rules that specify acceptable and unacceptable behaviors can help prevent potential problems and improve working relationships and communication.

answer

TRUE

question

The value of engaging a subject matter expert early in a project should be balanced against the potentially significant cost of paying for his or her expertise.

answer

TRUE

question

During the planning phase, it is important to have your entire project team assembled.

answer

FALSE

question

The ideal time to on-board core team members is to include them in the chartering process.

answer

TRUE

question

Acquiring the project team is the process of confirming human resource availability and obtaining the team necessary to complete project assignments.

answer

TRUE

question

The process of improving the competencies, team interaction, and the overall team environment to enhance project performance is known as:

answer

Develop project team

question

High-performing project teams will typically persevere despite challenges, produce high quality results and consistently meet or exceed stakeholder expectations.

answer

TRUE

question

All of the following are among the activities a project manager should undertake to develop a highly effective team EXCEPT:

answer

assess sponsor capability

question

All project teams progress uniformly through five stages of team development.

answer

FALSE

question

Project managers can further team development by securing agreement on common goals and objectives for the project.

answer

TRUE

question

The personal values of team members on high-performing teams can be enhanced through which of the following team behavior practices?

answer

a constant focus on improvement

question

Effective conflict management skills are rarely useful on successful project teams.

answer

False

question

During which stage of team development do team members attempt to jockey for power, ask many questions and establish dubious goals?

answer

storming

question

All of the following are performance improvements likely to be realized by projects that make good project sourcing decisions EXCEPT:

answer

improved employee benefits

question

All of the following are among the common sources of project conflict EXCEPT:

answer

personalities

question

What is an individual member capability tat can be used to create team synergy?

answer

all of these

question

Which of the following contract types is most appropriate when costs are NOT well known and the buyer absorbs the cost risk?

answer

Cost-Plus-Fixed-Fee (CPFF)

question

Project manager strategies to promote organization, project and team member needs may vary from one stage of team development to another.

answer

True

question

Which of the following factors should be considered when a project team evaluates a "make or buy" decision to procure services?

answer

advantages and disadvantages of outsourcing in terms of performance control.

question

What is one reason why a project manager would be given the best resource from each department required by the project?

answer

High priority project

question

Fixed price contracts provide low risk for the seller, since the buyer will pay a fixed price, regardless of how much the project actually costs the seller.

answer

False

question

The term on-boarding is when a project team member as been successfully added to the project team.

answer

True

question

Supply chain management is more important to projects where a large portion of the work is being accomplished in-house.

answer

False

question

Extensive supplier evaluation approaches such as surveys, facility visits and financial analysis should be applied to first-tier suppliers only.

answer

False

question

What is a major downfall for hiring SMEs early before they need to complete any of the project activities?

answer

Costs money

question

Information is a key ingredient at each stage of the project supply chain, as well as within each phase of supply chain decision making

answer

True

question

A project organization can serve as either the buyer or the seller in a project related contract.

answer

True

question

Buying from an outside supplier to meet project needs is generally frowned upon because it invariably proves to be more expensive than obtaining materials and services internally.

answer

False

question

Supply chain management focuses exclusively upon the parties directly involved in providing supplies to the project team.

answer

False

question

It is best practice to assign both the core team members and subject matter experts as early as possible to capitalize on their enthusiasm as well as their insight during the planning phase.

answer

True

question

Celebrations of success ease the stress of working hard for a prolonged period of time.

answer

TRUE

question

During project execution, monitoring refers to the act of comparing actual performance with planned performance and taking corrective action when needed.

answer

FALSE

question

To successfully accomplish all five aspects of project determination, a project manager can think in terms of a ________.

answer

Balanced scorecard

question

Change control includes which of the following activities?

answer

identifying, documenting, approving or rejecting, and controlling changes to project baselines

question

When a project manager asks clarifying questions and paraphrases what is being communicated to them, he or she is using ?

answer

Active listening

question

When project managers authorize project work, they should empower others to the extent possible, yet control to the extent necessary.

answer

TRUE

question

Which of the following serves as an important guideline concerning project inspections?

answer

inspect at milestones identified in the project schedule

question

Project managers will often provide ___________ to ensure customers can effectively use the project deliverables.

answer

Ongoing support

question

When using a control chart, a point that occurs above the upper control limit typically means the variation is enough that it is not likely to have happened purely by chance - rather some sort of special cause explains the variation.

answer

TRUE

question

Project managers interested in controlling quality on projects will often concentrate upon project inputs. Which of the following are important considerations for the project managers concentrating on inputs to ensure project quality?

answer

ensure the workers assigned are capable of doing their work

question

Inspection is keeping errors out of process while prevention is trying to find errors so they do not get to the customer.

answer

FALSE

question

Two types of control are used extensively on projects: steering control and go / no go control.

answer

TRUE

question

The Budget at Completion (BAC) is the sum of all budgeted values established for the work to be performed on a project. As such it is equivalent to:

answer

the total planned value of the project.

question

One of the most important things a project manager can do near the end of a project is to help good workers secure follow-on work.

answer

TRUE

question

Some scope changes start as proposed changes to cost or schedule, just as some changes to cost or schedule start as proposed scope changes.

answer

TRUE

question

It is possible for a project to be both behind schedule and under budget at the same time.

answer

TRUE

question

All of the following accurately describe earned value management EXCEPT:

answer

It is good for performance reporting but not for forecasting

question

When using earned value techniques, Actual Cost (AC) refers to the total costs actually incurred and recorded in accomplishing work performed during a given time period.

answer

TRUE

question

When projects are cancelled for the convenience of the buyer, this does not necessary mean that the contractor is at fault.

answer

TRUE

question

Helping good workers to secure good follow-on work is one of the most important things a project manager must do near the end of the project.

answer

TRUE

question

Terminating a project early can only be done by mutual agreement between the contractor and buyer.

answer

FALSE

question

Closing procurements is the process of completing each procurement.

answer

TRUE

question

A transition plan helps ensure __________.

answer

Quality problems are avoided during the transition

question

Verify Scope occurs with interim deliverables throughout the project and with final deliverables near the end

answer

TRUE

question

Wikis databases are often created by organizations to help communicate lessons learned when closing a project and helps project managers minimize the same obstacles or pitfalls in future projects.

answer

TRUE

question

Since projects are temporary in nature and the project team disbands upon completion, it is highly irregular for project managers to provide ongoing support in the form of training or change management.

answer

FALSE

question

Closure of a project generally entails all of the following activities EXCEPT:

answer

providing ongoing support

question

Project close-out checklists provide the project manager a legally enforceable contract vehicle to hold team members accountable for each item that must be completed to close a project

answer

FALSE

question

When a project is completed on time, the project team must accomplish all of the following activities EXCEPT:

answer

use alternative dispute resolution

question

A project team attempting to close a project should review which of the following to ensure the customers are satisfied that all required work was accomplished?

answer

the customer feedback and scope verification

question

Which of the following tools is displayed as a special type of scatter diagram used to see how a variable of interest changes over time?

answer

run chart

question

It is not the responsibility of the project manager to create a transition plan to help the customer successfully use the project deliverables.

answer

True

question

A Closeout Report Template is often used for small projects within a large project containing an updated project charter, WBS, weekly progress reports, and client feedback summary.

answer

True

question

Many organizations require the completion of a project close-out report upon completion of a project. These reports typically include which of the following?

answer

a review of the project's original justification

question

One of the most important post-project activities a project manager can perform is following up with customers weeks or months after the project deliverables are in use.

answer

True

question

The Schedule Performance Index (SPI) is a measure of schedule efficiency on a project.

answer

true

question

Terminations for default often result from a problem with the project's

answer

all of these

question

The closeout report usually, but does not have to, includes a summary status of the project that has been derived from the progress reports.

answer

True

question

The process of reviewing all change requests, approving changes and controlling changes to deliverables and organizational process assets is known as:

answer

integrated change control

question

Earned Value (EV) is the authorized budget assigned to the scheduled work to be accomplished.

answer

False

question

A buyer does not have the ability to terminate a project early because they feel there is lost confidence in the contractor who is performing the project.

answer

False

question

The concept behind a balanced scorecard is that an organization needs to be evaluated along customer, internal business, financial, and growth and innovation perspectives.

answer

True

question

When closing a project in MS project, which sequence of events would one use?

answer

Complete the schedule to maximize its future usefulness, Archive the schedule for use as a template or "starter' file, Capture and publish lessons learned about the effectiveness and efficiency of the employed schedule and cost management processes

question

The purpose of quality control on projects is to reduce the number of defects in deliverables rather than to improve the project process.

answer

False

question

The concept behind a balanced scorecard is that an organization needs to be evaluated along supplier, external business, risk and human resource perspectives.

answer

False

question

Closure of a project involves the assurance that all work has been

answer

all of these

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