Which of the following statements about Budgets is incorrect?
Estimated costs of individual activities or work packages is aggregated to establish an authorized cost baseline. It is essential to get the project budgets approved. All the options listed barring option B are correct.
Which of the following is a component of the stakeholder management process for the plan?
B - Stakeholder register is an input to the plan stakeholder management process.
Jerry is the project manager for the HUT Project, and he and Kate are at odds over whether or not the project crew should be required to work overtime. Jerry claims that reorganizing the project team might lead to all but one of the following outcomes. Which one isn't going to work?
An increase in quality inspections may be needed, but there is no guarantee these will come as a result of an overworked team. A is incorrect because a decline in team morale is likely with an overworked project team. C is also incorrect. A willingness to work will likely decrease because the project team is exhausted and frustrated with both the project manager and the project work. D is incorrect because an oven/vorked team may create unacceptable work.
Because change can have such a big impact on a project's success, it's important to have a plan in place for dealing with it. Which plan details the scope change management mechanism for the project?
The Project Scope Management Plan documents the project scope change control system. A is incorrect because this documents risk responses. B is incorrect; this is too broad and does not answer the questions as completely as choice C. D is incorrect because this is the system for managing changes.
A mutually binding agreement in which the seller is obligated to supply the stated product, service, or outcome and the customer is obligated to pay for it is known as a -
Contract represents a mutually binding agreement that obligates the seller to provide the specified product. service or result and obligates the buyer to provide monetary or other valuable consideration.
You are the project manager for your company, and your project will rely on contract workers. The labor will be employed by a union. Which plan specifies the terms of union contracts?
The Staffing Management Plan does define compliance issues with union contracts. B is incorrect because this plan defines risk management for the project. C is incorrect because this is too broad an answer. D is incorrect because this plan defines the procurement policies of the organization.
Which of the following techniques or processes is used to ensure that the job is completed to the satisfaction/requirement of the client before it is presented to them?
Validated deliverables are the major output from Perform Quality Control. These validated deliverables are then an input into Verify Scopewhere acceptance of the deliverables from the customer is obtained.
Every project necessitates quality control and assurance. Which of the following is a quality assurance example?
Six Sigma is a quality assurance program is correct. A is incorrect because a control chart is a quality control tool. C is incorrect because a Pareto chart is a quality control tool. D is incorrect because inspection is quality control activity.
Your project was recently canceled. You'd completed about 60% of the task. What should be the next step?
Even though the project’s been cancelled you need to complete scope validation. A is incorrect because there’s no evidence that the project has failed. There could be other reasons why the project has been cancelled, such as advancements in technology or a shift in the market. B is incorrect because this isn’t valid. It may feel valid, but it’s not the best choice. C is incorrect because the contract for the project will determine what will happen in this scenario. In addition, internal projects may have no contract.
You're in charge of the HNN Project's project management. To install several of the project's components, your team will require safety training. What is the cost of this training?
The cost of training is considered a cost of quality. B is incorrect because training is one method team development, but the cost of training is not. C is incorrect because variable costs describes costs that fluctuate within a project. D is incorrect because the cost of non-conformance to quality is the costs that will occur if quality is not obtained.
Tony works as a project manager for a functioning company. He disputes with the project sponsor on how certain of the project's activities should begin. The project sponsor, on the other hand, insists that Brandon get the project team to start on it right away. What should Tony do in this situation?
The project sponsor is in charge in a functional organization. In addition, it’s permissible to have disagreements regarding the project work as long as the disagreements don’t hinder the project from moving fon/vard. A is incorrect because Brandon is operating in a functional organization. B is incorrect because there’s no reason for Brandon to document the issues in a formal report. In addition, this answer implies that the project will fail while the question does notstress the magnitude of the problem or disagreement. C is incorrect because the project team should work on the activities as planned, not only the activitieson the critical path.
Jack is his company's project manager, and he's been working on the project charter. Jack must determine who will issue the project charter in this situation because he is the one who is writing it. Who is in charge of the project charter?
Explanation: <br. The project sponsor issues the charter. The project charter is signed and issued by an entity in the organization that has the power to authorize the project manager to utilize the needed resources for the project to be successful. B is incorrect; the project manager doesn’t issue the project charter. The project manager doesn’t, in most cases, have authority over all of the resources (people, facilities, equipment) the project will need. C is not a valid option. The project champion is a stakeholder that may be ucheering” the project onward, but often this person isn’t the project sponsor. D is incorrect; the customer may demand the project, but they don’t issue the charter.
The XHG project's carpenter, Charly, has made a change to the wood floor he's building. Because of a doonNay in the living room, he decided the floor should be put at an angle. You examine the wood floor that has been installed and agree with his choice. Which one of the following is exemplified by this?
The change was made by Charles on his own accord. The Change Control System was not followed. B is incorrect because expertjudgment is using an expert to help make the best decision. No consultation was done on the change. C is incorrect because Charles did not consult, document, or involve the project team in his decision. D is incorrect because corrective action is correcting a problem to get the project work back into scope.
An major project stakeholder is currently in a 'unaware' state, meaning he has no idea what is going on in the project. You believe his help will be important. Which of the following is the MOST effective method for bringing him to a'supportive' state?
A - Involving the stakeholders in the project work is a good way to get them to support the project. Simply sending them reports seems a passive way of engaging.
The customer has requested a change in the scope of your project. Because of the change, which of the following does not need to be examined?
The project charter has already been created because it authorizes the project. A is incorrect. Risk does not need to be examined again because the change may introduce risk concerns into the project. C is also incorrect. The changes may bring additional costs with them so the project costs will need to be examined. D is incorrect. The schedule will need to be examined because the changes may cause the current schedule to change.
In a project to develop a series of condominiums, a project manager is deciding which water heater to use. He joked with a vendor about how he could need a new water heater at home. The next morning, he discovers a brand new deluxe water heater in his driveway, made by the vendor with whom he had joked. Which of the following could this be interpreted as?
This is a bribe from the vendor to the project manager. B is incorrect. This is not a conflict of interest, but a bribe. C is incorrect. This is not a coincidence. D is incorrect. It is very doubtful that the vendor wants the buyer to try out the hot water heater in his house to make a decision.
Examine the display. Your organization's project manager is you. You're assisting your project team in comprehending the concept of a project's critical route. What is the timeframe of your project if the display represents it?
The critical path is the longest path of duration from the project start to its completion. In this example, the critical path is the sum of duration for tasks ACFHKL AT 26 days. You can find this answer by finding the duration of each path in the project network diagram; the longest path, the critical path, also represents the project’s duration. While it is true that all activities must be completed for the project to be complete, the question asked for the project’s duration.
You're part of a team working on a project to create a Human Resource Management system that handles things like Recruitment, Attendance, Leave Management, Appraisals, and Employee Exit. A budget of $3 million has been set for the project, which is not flexible. This is an illustration of,
CorrectAnswer is D. Constraint is an applicable restriction or limitation, either internal or external to a project, which will affect the performance of a project or process. Here, the question mentions that the project has a constraint budget of $3 Million.
You're in charge of a home building project. You're interviewing the homeowners to find out what they want and need in a new home. You're going around their house, room by room, to see what they want. What is the name of this long procedure?
Explanation: <br. The question describes stakeholder analysis. Interviewing the project stakeholders is a common stakeholder analysis activity to promote stakeholder engagement. A is incorrect as this term is not applicable to the question. B is incorrect as risk analysis involves determining the impact of the risk events. D is incorrect as stakeholder analysis contributes to scope creation, but it is not scope creation of itself.
Your project's biggest risk has just occurred. Your risk contingency fund has been nearly drained due to this risk event. What must take place next?
When a risk depletes the contingency reserve it calls for reserve analysis in relation to the amount of remaining risks within the project.B is incorrect because there’s no evidence yet if additional funds are needed. C is incorrect because the project likely won’t need to cancelled because of the risk event. D is incorrect because this event is iterative.
You're in charge of the BDS Project's project management. Your project must be completed by the 13th of October and cannot cost more than $250,000. Which of the following is a prime example of October 13?
Explanation: <br. The project must be completed by October 13th so this date reflects a constraint on the project. A is incorrect as the project could be scheduled to finish earlier than October 13. The constraint is that the project finish by October 13. B is incorrect as an assumption is something believed to be true, but not proven to be true.D is incorrect, the project may be able to finish earlier than October 13. We do not have enough information to determine if this is earliest the project can complete.
Except for which one, the project kick-off meeting's anticipated outcomes are all of the following?
The kick-off meeting is not the place for this discussion. A is incorrect because this is a desired outcome of the project kick-off meeting. B is incorrect because this is a desired outcome of the project kick-off meeting. D is incorrect because this is a desired outcome of the project kick-off meeting.
Which human resource theory claims that if a project team is challenged, it may be self-directed and productive?
Ouchi’s Theory Z, also known as the Japanese Management Style, believes that the project team can be self-led and productive if challenged. A is incorrect. Deming offered philosophies on quality, not necessarily human resources. C is also incorrect. Pareto’s Law is commonly known as the 80/20 rule. For example, 80 percent of your business comes from 20 percent of your customers. D is incorrect because Herzberg’s Theory of Motivation defines hygiene agents and motivating agents that cause an individual to excel.
Which of the following is the cost estimation technique that involves establishing comprehensive estimates at the WBS work package level, then rolling them up to determine the project's final cost?
Explanation: <br. CorrectAnswer is D. Bottom up estimating generally produces the most confident estimates, but is more costly and time consuming than analogousestimating. Bottom up estimating is performed by developing detailed estimates for each activity at the work package level of the WBS.
The primary benefit of a vendor-fixed-price contract is that:
Explanation: <br. Correct Answer is 'D'. Fixed price contracts are awarded when you are well aware of the product. Option A is incorrect as cost risk is lower, not higher. Option B is incorrect because no contract can completelyeliminate all risks.