question

The chances of a risk event occurring as a project proceeds through its life cycle tend to

answer

Slowly drop.

question

One common mistake made early in the risk identification process is to

answer

Focus on consequences and not on the events that could produce consequences

question

_______________ focuses on how to respond to events that have a positive impact on a project.

answer

Opportunity management

question

The risk management tool that is divided into three color-coded zones representing major, moderate, and minor risks is the risk

answer

Severity matrix.

question

Which of the following is NOT included in a Failure Mode and Effects Analysis?

answer

Impact Probability Detection Risk value Correct Response All of these are included

question

The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled by which of the following?

answer

Retaining

question

Change management systems are designed to accomplish all of the following EXCEPT

answer

Track all changes that are to be implemented. Review, evaluate, and approve/disapprove proposed changes formally. Identify expected effects of proposed changes on schedule and budget. Reflect scope changes in baseline and performance measures. Correct Response All of these are examples of what change management systems are designed to accomplish.

question

Responses to all identifiable risks should be a top priority for the project manager.

answer

False

question

Performance bonds, warranties, and guarantees are financial instruments used to share risk.

answer

False

question

Enhancing a risk is a tactic that seeks to eliminate the uncertainty associated with an opportunity to ensure that it definitely happens.

answer

False

question

If resources are not adequate to meet peak demands, the resulting reschedule is termed

answer

Resource-constrained scheduling.

question

Susan is to conduct environmental testing but the chamber cannot hold all the equipment that she wants to test. This is an example of a constraint that could impact the sequence and timing of activities in a project network. What type of constraint is it?

answer

Physical

question

Regina's boss has told her that her project is very important. If the critical path is delayed, she will be given whatever she needs to get it back on schedule. Her project is classified as ________ constrained.

answer

Time

question

Resource leveling or smoothing can have all the following results on a project EXCEPT

answer

A longer project duration.

question

In a resource-constrained project the second priority in assigning resources is usually given to activities with the

answer

Smallest duration.

question

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called

answer

Outsourcing.

question

Project budgets are developed by time-phasing which of the following?

answer

Work packages

question

To determine if a project is time-constrained or resource-constrained you would consult the project priority matrix.

answer

True

question

When resource constraints are added to technical constraints the original project network may change as well as the completion date.

answer

True

question

If resources are truly limited and activity time estimates are accurate, the resource-constrained schedule will materialize as the project is implemented, not the time-constrained schedule.

answer

True

question

Managing a project and leading a project are two different things. Project leadership is about coping with

answer

Change.

question

Which of the following groups of stakeholders place constraints on project work such as requiring permits to be secured, that work is built to code, or that safety standards are met?

answer

Government agencies

question

A high-ranking manager who advocates the project and uses her or his influence to gain approval of the project is a project

answer

Sponsor.

question

In terms of commonly traded organizational currencies, providing friendship, giving emotional backing, and listening to others' concerns and issues are examples of _______-related currencies.

answer

Relationship

question

Once you have established who the key players are that will determine success, then you initiate contact and begin to build a relationship with those players. Less effective managers

answer

Announce an open door policy and encourage others to see them when a problem or issue comes up.

question

To provide greater clarity to business ethics, many companies and professional groups

answer

Publish a code of conduct.

question

One advantage of creating a dedicated project team is that it reduces dependencies, especially within the organization.

answer

True

question

Inspiration-related currencies derive from people's burning desire to make a difference and add meaning to their lives.

answer

True

question

One important function of mapping dependencies and building a social network is to prevent project managers from being derailed because they were blindsided by someone whose position or power they had not anticipated.

answer

True

question

Managing upward relationships involves project managers become skilled at the art of persuading superiors.

answer

True

question

Which of the following is commonly associated with high-performing project teams?

answer

Mistakes are viewed as opportunities for learning

question

During which stage of team development do team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are?

answer

Forming

question

Project managers play a key role in developing high-performance project teams. Which of the following is NOT a contributing factor to this role?

answer

Report progress to top management

question

Researchers have found that high-performance teams have norms for team interaction. Which of the following is NOT one of those norms?

answer

When a decision has to be made, everyone should agree before moving forward

question

Individual rewards for outstanding work would NOT include

answer

Letters of commendation. Public recognition. Desirable job assignments. Judiciously making exceptions to the rules. Correct Response All of these are examples of individual rewards for outstanding work.

question

During the delivery phase of a project's life cycle, the most significant source of conflict is

answer

Schedules.

question

Every project has the same potential to evolve into a high-performance team.

answer

False

question

The first team meeting sets the tone for how the team will work together.

answer

True

question

When facilitating group decision making, a project manager should identify a problem in terms of its alternate solutions so that team members can more easily reach a decision on how to solve the problem.

answer

False

question

Going native is the ability that some project teams have to bypass the normal policies and procedures that everyone in the organization is supposed to follow.

answer

False

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

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

answer

Take appropriate action.

question

The earned value of a project is the

answer

Percent of the original budget that has been earned by actual work.

question

When someone familiar with each task estimates what percent of the task has been completed or how much of the task remains, they are creating a method for assigning costs to the baseline called the

answer

Percent complete rule.

question

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

answer

EV/PV

question

A project manager notices that $1,000 worth of work that was scheduled to be completed at this time has not been accomplished. They know this by looking at the

answer

SV.

question

The only accurate method for determining the true time progress of the project is to compare the project network schedule against the actual network schedule to measure if the project is on time.

answer

True

question

The PV, AC and CV are all required to assess the current status of the project.

answer

False

question

Baseline costs typically include labor, equipment, materials and direct overhead cost.

answer

False

question

Progress and performance can be measured quantitatively as well as qualitatively.

answer

True

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

Because of circumstances beyond the control of the project team, many projects are easy for a review group to close down. This type of project closure is called

answer

Failed project.

question

Which part of the final report presents major improvement actions that should be made?

answer

Recommendations

question

Before an evaluation of the project team can be effective and useful, a minimum core of conditions needs to be in place before the project begins. Which of the following would NOT be one of those conditions?

answer

Individuals have the skill set necessary to successfully complete the project

question

The following are distinguishing characteristics of retrospectives methodology EXCEPT

answer

Reviews cannot be linked to percent complete.

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

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

answer

Get delivery acceptance from the customer

question

The processes for capturing lessons learned continue to evolve, but there are still barriers to effectively mining lessons learned.

answer

True

question

A project closure where the project is completed early with some parts of the project eliminated would be classified as a failed project.

answer

False

question

Project managers should, when possible, draw comparisons to other team members when conducting individual team member reviews.

answer

False

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