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PMP Full Exam Study 2020 Flashcards | StudBud
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PMP Full Exam Study 2020
PMP Full Exam Study 2020
100 terms
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StudBud Administration
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158 plays
Includes questions from all chapters.
Flashcards
100 cards
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Practice quiz
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Host live
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Questions
100
Answers
1
Refer to image below (ch 9 28)
Include the information in his next report
Contact the PjM immediately to provide the PjM with his schedule
Recommend preventive action
Request that the issue be added to the issue log
2
All of the following statements about change control are incorrect except:
Changes seldom provide real benefits to the project
More detailed specifications eliminate the cause of changes
Contracts should include procedures to accommodate changes
A fixed price contract will minimize the need for change control
3
Refer to image below (ch 5 14)
Until it has a meaningful conclusion
Until it cannot be logically subdivided further
Until it can be realistically estimated
Until it can be done by one person
4
Refer to image below (ch 13 3):
Initiating and planning
Monitoring and Controlling and Closing
Initiating, planning, executing, & monitoring and controlling
Planning and monitoring and controlling
5
Refer to image below (ch 6 37)
Change the schedule baseline
Make sure the project charter is still valid
Talk to management before any changes are made
Wait until all changes are known, and the print out the new schedule
6
Select the risk event most likely to interfere with attaining a project's schedule objective?
Contract disputes that generate claims for increased payments
Slippaged of the planned post implementation review meeting
Delays in obtaining required approvals
Substantial increases in the cost of purchased materials
7
Which of the following best describes the relationship between standard deviation and risk?
Standard deviation tells you if the estimate includes a pad
Standard deviation tells you how uncertain the estimate is
Standard deviation tells you if the estimate is accurate
There is no relationship
8
Refer to image below (ch.9 12)
Lack of resource leveling
Lack of a WBS
Lack of a responsibility assignment matrix
Lack of team involvement in project planning
9
Refer to image below (ch.9 20)
Try to improve the schedule performance of the project
Review the reward system for the project
Gain formal acceptance in writing from the customer
Meet with the customer to try to extend the schedule
10
Refer to image below (ch 6 28)
Create an activity list
Compress the schedule
Finalize the schedule
Begin the work breakdown structure
11
Refer to image below (ch 8 20)
To check if the customer is following the quality process
To check whether msmts of deliverables are within spec limits
To check the accuracy of costs submitted by the team
To identify inefficient and ineffective policies
12
In project planning, PjM decides add'l human resources are needed. From whom should she reqeust
The team
The functional manager
The PMO manager
The project sponsor
13
Refer to image below (ch 3 18)
Accumulating and evaluating historical information
Creating a project scope statement
Dividing a large project into phases
Identifying and documenting business needs
14
Refer to image below (ch 9 27)
Ask functional managers for their opinions
Show the sponsor the data and explain the PjM's concern
Determine metrics for an early warning sign that resources will be unavail
Make sure the functional managers have a copy of the resource histogram
15
The high level schedule constraints have just been determined. What PjM process are you in?
Initiating
Monitoring and Controlling
Executing
Planning
16
Refer to image below (ch 9 31)
Forming
Storming
Resourcing
Reforming
17
Refer to image below (ch 4 18)
Validate Scope and Control Quality
Identify Risks and Develop Project Team
Develop Project Management Plan and Plan Quality Management
Manage Stakeholder Engagement and Direct and Manage Project Work
18
Refer to image below (ch 13 6):
Identifying stakeholders
Managing stakeholder's expectations
Giving stakeholders added value
Determining stakeholders' needs
19
Refer to image below (ch 7 5)
Calculates estimates using actual detailed historical costs
Uses top down estimating techniques
Uses bottom-up estimating techniques
IS used most frequently during project executing
20
Which type of cost is team training
NPV
Direct
Fixed
Indirect
21
Refer to image below (ch. 10 19)
Keep a file of what requirements were not included in the project
Ensure change control is not used to add the rqmts back into the project
Maintain an issue log
Hold meetings with stakeholders to review work that will not be added
22
Refer to image below (ch 8 29)
Scatter diagram
Pareto diagram
Control chart
why-why diagram
23
Refer to image below (ch 13 12):
Power/interest grid, stakeholder cube, salience model
Salience model, traceability matrix, prioritization
Benefits management plan, focus group, power/interest grid
RBS, prioritization, multicriteria decision analysis
24
Refer to image below (ch 4 17)
Who will be a member of the change control board
Spending more time on configuration management
Determining the reporting structure
Getting a single project sponsor
25
Refer to image below (ch 5 13)
Activities
A list of risks
A bar chart
Team buy-in
26
Communications are often enhanced when the sender __________ the receiver
Shows concern for the perspective of
Speaks up to
Speaks slowly to
Uses gestures when speaking to
27
During which process group does the team measure & analyze the work being done on the project?
Monitoring and Controlling
Initiating
Executing
Closing
28
Workarounds are determined during which risk management process?
Monitor risks
Identify risks
Perform quantitative risk analysis
Plan risk responses
29
Refer to image below (ch.9 24)
The performance review should be handled better to find more adjustments
PjM should use judgement to determine which variances are important
The project is spending more than it should. PjM should watch cost
The project manager has misunderstood Herzberg's theory
30
Monte Carlo analysis is used to:
Get an indication of the risk involved in the project
Prove to management that extra staff is needed
Estimate an activity's length
Simulate possible quality issues on the project
31
A work authorization system can be used to:
Manage when and in what sequence work is done
Manage who does what activity
Manage when each activity is done
Manage who does each activity and when it is done
32
A control chart shows 7 data points in a row on one side of the mean. What should the PjM do?
Nothing. This is the rule of 7 and can be ignored
Adjust the chart to reflect the new mean
Find an assignable cause
Perform a design of experiments
33
Once signed, a contract is legally binding unless:
One party is unable to finance its part of the work
It is declared null and void by either party's legal council
One party is unable to perform
It is in violation of applicable law
34
Extensive use of ______ communication is most likely to aid in solving complex problems.
Formal Verbal
Informal Written
Nonverbal
Formal Written
35
Refer to image below (ch 6 30)
Monte Carlo Analysis
Analogous estimating
Three point estimating
Parametric estimating
36
Validate Scope is closely related to:
Sequence Activities
Control Quality
Manage Quality
Schedule Management
37
All the following are parts of an effective change management plan except:
Procedures
Meetings
Lessons Learned
Standards for reports
38
The project sponsor has just signed the project charter. What is the next best thing to do?
Start integrated change control
Begin to complete work packages
Validate scope
Start to create management plans
39
Refer to image below (ch 3 10)
Finalize the quality management plan before you determine quality metrics
Create an activity list before creating a network diagram
Make sure you have a signed project charter and then start the WBS
Document all the known risks before you document the high level assumptions
40
Refer to image below (ch.10 14)
Review the upcoming meeting schedule
Review the list of contact info for all stakeholders
Ask the team member to look for change requests
Ask the team member to repeat back what the project manager says.
41
Refer to image below (ch 9 29)
Investigate why the project schedule is aggressive
See who can replace the three team members
Create an issue log
Have the team members immediately assist the troubled activity
42
Refer to image below (ch 4 26)
Recalculate baselines
Renegotiate the contract
Meet with the customer
Discuss it with the project team
43
Refer to image below (ch 5 22)
The project team
The functional managers
All the stakeholders
The business analyst
44
Refer to image below (ch 3 9)
Understand the experience of the sponsor on similar projects
Make sure the project scope is defined
Create an activity list
Complete risk management and issue the responsibility assignment matrix
45
Refer to image below:
7
12
16
10
46
Refer to image below (ch 6 20)
Critical path method
Precedence diagramming method
Arrow diagraming method
Operational diagramming method
47
Refer to image below (ch.9 13)
Formal
Expert
Referent
Penalty
48
A watch list is an output of which risk management process?
Perform quantitative risk analysis
Perform qualitative risk analysis
Implement risk responses
Plan risk responses
49
Refer to image below (ch 2 6)
The project expediter cannot make decisions
The project expediter has some authority
The project expediter can make more decisions
The project expediter reports to a higher level manager
50
Refer to image below (ch 2 22)
Be a separate phase in the project life cycle
Be included as activities to be performed during project closure
Not to be viewed as part of a project
Be viewed as a separate project
51
Refer to image below (ch.10 16)
Functional mgmt was not included in the communication mgmt plan
The project manager was focusing on the sponsor's needs
The right people were not invited to the milestone party
The successor activities should have been monitored not the predecessors
52
Refer to image below (ch 6 2)
Mandatory Dependency
Discretionary dependency
Extenral dependency
Scope Dependency
53
Refer to image below (ch 4 41)
Validate the scope of the new work with the help of the stakeholders
Identify specific changes to the existing work
Develop a project charter
Reestimate the project schedule with input from the engineering department
54
Refer to image below (ch 5 31)
Collect requirements from the right stakeholders
Accurately define product scope
Control stakeholder engagement
Test interim deliverables
55
Which of the following is included in a project charter?
Detailed resource estimates
A risk management strategy
The business case for the project
Work package estimates
56
Refer to image below (ch 6 8)
It is shorter than the duration of the longest activity
It is shorter than the activity it represents
It is the same length as the activity it represents
It has no duration
57
Refer to image below:
Informing the sponsor of changes
Making change
Tracking and recording changes
Preventing unnecessary changes
58
Refer to image below (ch 13 9):
Skill levels of stakeholders
Variances from anticipated stakeholder involvement
Key relationships between stakeholders
Additional stakeholders
59
Which of the following is an advantage of centralized contracting?
More loyalty to the project
The PjM doesn't have to be involved
Increased expertise
Easier access
60
The key objective of stakeholder management is:
Satisfaction
Coordination
Relationships
Communication
61
Refer to image below (ch 2 15)
Sensititvity analysis, active listening, leadership
Active listening, negotiating, political awareness
Communication methods, team building, claims administration
Networking, communication models, and SWOT
62
Refer to image below (ch 4 2)
The project is complete because it has reached its due date
The project is complete because the customer has accepted the deliverables
Project is incomplete until all project deliverables are complete/ accepted
The project is incomplete because it needs to be postponed
63
Refer to image below (ch 8 2)
Standard Quality Analysis
Marginal Analysis
Quality Control Analysis
Conformance analysis
64
Refer to image below (ch 2 16)
They have not identified the product of the project
They are working on a process and not a project
They have not identified the project objectives
The end date has not been set
65
The WBS can best be thought of as an effective aid for ______ communication
Stakeholder
Customer
Project Manager
Team
66
Refer to image below (ch 8 19)
Quality management plan
Quality assurance plan
Quality control plan
Project management plan
67
A stakeholder's belief about or mental picture of the future is a(n):
Requirement
Expectation
Constraint
Heuristic
68
Refer to image below (ch 8 11)
Warranty costs
Rework
Quality Training
Scrap
69
Refer to image below (ch 3 14)
Closing
Initiating
Monitoring and controlling
Executing
70
Outputs of the Plan Risk Responses include:
Secondary risks, process updates, risk owners
Risk triggers, contracts, risk list
Risidual risks, fallback plans, contingency reserves
Contingency plans, project management plan updates and sensitivity analysis
71
What does a resource histogram show that a responsibility assignment matrix does not?
Activities
Time
Interrelationships
Person in charge of each activity
72
Double declining balance is a form of:
Accelerated depreciation
Straight line depreciation
Decelerated depreciation
Life cycle costing
73
Refer to image below (ch. 10 18)
Make sure the manager has a copy of the comm mgmt plan
Hold a meeting of all the stakeholders to discuss their concerns
Record the effectiveness of the party in the project lessons learned
Review the effectiveness of the project's communication management plan
74
Refer to image below (ch 9 26)
Responsibility Assignment Matrix
Communications management plan
Resource management plan
Resource histogram
75
All the following are forms of power derived from the project manager's position except
Penalty
Reward
Expert
Formal
76
Refer to image below (ch 5 18)
Define Scope
Monitor Risks
Control Scope
Control Schedule
77
During which project management process group are budget forecasts created
Planning
Monitoring and controlling
Initiating
Executing
78
Which of the following is the best thing for a PjM to do in the Conduct Procurements process?
Evaluate risks
Select a contract type
Perform market research
Answer seller's questions about the procurement documents
79
Which of the following is the primary responsibility of the risk owner?
Identify new risks and create workarounds
Respond to risk triggers and implement the planned risk responses
Report to PjM that a risk has occurred and note consequences
Quantitatively analyze risks as assigned by the PjM
80
Refer to image below (ch 4 22)
Inform the project sponsor of changes to scope, cost, and schedule
Develop a risk mitigation plan
Create a formal change request
Ensure the scope change complies with all relevant contractual provisions
81
Refer to image below (ch 5 17)
Control Quality
Control Costs
Manage Communications
Validate scope
82
When closing a cost reimbursable contract on a project, what must the buyer remember to do?
Make sure the seller is not adding resources
Audit seller's cost submittals
Evaluate the fee she is paying
Decrease the risk rating of the project
83
All of the following are parts of the scope baseline except the:
Scope management plan
Project scope statement
WBS dictionary
Work breakdown structure
84
Refer to image below (ch 4 28)
Consult with the sponsor about options
Cut scope to recover the two weeks
Advise the client of the impact of the change
Compress the schedule to recover the two weeks
85
Which of the following statements best describes how stakeholders are involved on a project?
They help determine the project constraints and product deliverables
They help determine the project schedule, deliverables, and requirements
They help to determine resource needs/constraints on a project
They approve project charter, provide assumptions, and create mgmt plans
86
With which type of contract is the seller most concerned about project scope?
Purchase order
Cost plus fixed fee
Time and material
Fixed price
87
During which risk management process is a determiniation made to transfer a risk?
Implement risk responses
Identify risks
Plan Risk Responses
Monitor risks
88
Refer to image below (ch 8 4)
Allow risk to increase by cutting cost
Allow the schedule to slip by cutting cost
Fix the problem ASAP
Allow cost to increase by fixing the root cause of the problem
89
Refer to image below (ch 4 7)
The project team
The sponsor
The stakeholders
The project manager
90
A PjM was assigned a team with ppl from many countries. What is the best tool for success?
Teleconference
Well developed interpersonal skills
Responsibility Matrix
Team communication with the WBS
91
Risk thresholds are determined to help:
The PjM estimate the project
The team rank the project risks
Management know how other managers will act on the project
The team schedule the project
92
Which of the following are all items included in the cost management plan?
Measuring team perf, lvl of accuracy for estimates, specs for estimates
Lvl of accuracy for estimates, measuring cost rules, specs for duration est
Specs for estimates, lvl of risk for estimates, rules to measure cost perf
Specs for estimates, measuring cost rules, lvl of accuracy for estimates
93
Refer to image below (ch 7 30)
How resources are allocated
The project costs
The WBS level at which earned value will be calculated
The budgets and how they were calculated
94
Project setup costs are an example of
Opportunity costs
Fixed costs
Overhead costs
Variable costs
95
All the following result from quality audits except
Creation of quality metrics
Confirmation of the implemtnation of approved change requests
Determiniation of whether project activities comply with org policies
Improved processes to increase productivity
96
Refer to image below (ch 6 14)
Level the resources
Crash the project
Fast track the project
Perform Monte Carlo analysis
97
Refer to image below (ch.9 19)
The customer
The team
Senior management
The sponsor
98
The degree to which stakeholders can positively or negatively affect a project is their:
Level of commitment
Level of engagement
Level of interest
Level of influence
99
Refer to image below (ch 7 34)
Both an input to and an output of the Estimate Cost process
Not related to the Estimate costs process
An output of the Estimate Costs process
An input to the Estimate Cost process
100
Most of the project risks will be identified during which risk management processes?
Identify risks and peform qualitative risk analysis
Identify Risks and Monitor Risks
Perform quantitative risk analysis and identify risks
Perform qualitative risk analysis and monitor risks