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This is a power point Test Prep.

Each Question has one correct answer

Which of the following is NOT a

Project Cost Management process?
Cost

Estimating

Cost

Control

Cost

Budgeting

Resource

Leveling

Which of the following processes are

included in the planning process?

Scope Definition, Project Plan Development,

Quality Assurance, Cost Estimating

Scope Planning, Staff Acquisition, Stakeholder

Identification, and Cost Estimating

Project Closure, Cost Estimating, Risk

Management, Schedule Development, and Team
Development

Scope Planning, Schedule Development, Project

Plan Development, Risk Response Development

A goal of portfolio management is:

Manage

content of the project

Timely

exclusion of projects not meeting the

portfolios strategic objectives

Leveling

projects

Project

heuristics across the organizations

cost leveling

Project Integration Management

ensures:
The

project is completed within schedule

and budget
The proper scope has been identified for
the project
All elements of the project are properly
coordinated
The project will satisfy all the
stakeholders

Determining the method and timing of releasing team

members, benefits both the project and: Best answer

Team

Sponsor

Project
Team

Leader

Members

Departing

Team Member

Formal acceptance is an output of

which of the following processes?
Scope

definition

Scope

planning

Scope

verification

Scope

change control

Gantt charts help determine?

A tasks

starting and stopping point

Accountability

matrix

Decomposition
Amount

task

of effort it takes to complete a

Providing for reimbursement of allowable costs, plus a

fixed fee paid proportionately as the contract progresses
is defined as:

Cost

Plus Percentage of Cost (CPPC)

Cost

Plus Fixed Fee (CPFF)

Contract
Cost

Evaluation

Plus Incentive Fee (CPIF)

Which of the following response is not a Strategy

for Both Threats and Opportunity Acceptance?
Can

be either passive or active

May

be adopted for either threats or

opportunities

A strategy

that is adopted because it is seldom

possible to eliminate all risk from

Project

scope statement

A ____ is a structured, independent review to determine

whether project activities comply with organizational
policies and procedures.

Quality

Audit

Quality

Metrics

Quality

Analysis

Quality

Planning

Constraints that can limit flexibility in the Human

Resources Planning process are all of the following,
except:

Organizational

Structure

Resource

Availability

Economic

Conditions

Collective

Bargaining Agreements

Who should contribute to the

development of the project plan?
The

entire project team

The

project coordinator

The

planning department

The

senior management

A lump-sum contract under which the seller

furnishes goods or services at a fixed price is:
Cost

Plus Incentive Fee (CPIF)

Contract
Firm

Initiation

Fixed Price (FFP)

Fixed

Price Incentive Fee (FPIF)

Cost _____ is a time-phased budget that is used to

measure, monitor and control overall cost performance on
the project.

Baseline

Aggregation
Performance
Management

Of the following, which is not true

about bottom-up estimating?
Its

accuracy increases if the activities are

smaller
The WBS must be accurate and complete
before this process can be used
It is not a useful methodology in the early
phases using project planning processes
The cost is largely independent of the desired
accuracy, so it is the methodology of choice

What is a PMIS?
Performance

Measurement Independent

System
Project

Matrix Informal System

Project

Management Information System

Project

Management Inter-related system

Policies and procedures that protect team members from

safety hazards are included in the staff management plan
and:

Organizational
Resource
Risk

Chart

Breakdown Structure

Register

Position

Descriptions

Which of the following is not a use of

the Work Breakdown Structure?
Configuration

Management

Focusing

attention on the project

objectives

Funding
Integrated

logistic support

Why should constructive changes be uniquely identified

and documented by project correspondence?
Changes

may be disputed by one party and

lead to a claim against the other party

Changes

can include direction provided by the

Changes

should never be documented

buyer

Changes

are processed for review and

approval through Integrated Change Control
process

_____ are factors that can limit the

project management teams options.
Logistics
Methodologies
Constraints

Assumptions

Which of the terms below is not a stage of

contract negotiation?
Closure
Weighting

system

Probing
Scratch

bargaining

What is the responsibility of the sender in the

communications process? Best Answer
Ensuring

the right person gets the right

information

Making

sure that the information is received in

its entirety and understood correctly

Making

the information clear and complete so

the receiver can receive it correctly and
confirming that it is properly understood

Manage

stakeholder requirements

The degree to which a set of inherent characteristics

fulfills requirements is know as:

Quality

Grade
Performance
Scope

An output of Risk Identification is:

Plan

for mitigation

Corrective
A risk

actions

register

Expected

events

monetary value of the risk

Which of the following is not a scenario

considered in a Three-point estimate?
Optimistic
Most

likely

Analogous
Pessimistic

The Resource Breakdown Structure (RBS) is a _____ of

identified resources by resource category and resource
type.

Activity

Attribute

Requested
Activity

Change

Resource Requirement

Hierarchical

Structure

A statistical method that may identify factors which

influence specific variables of a product or process under
development or in production is known as:

Cost-Benefit

Analysis

Benchmarking
Design
Cost

of Experiments

of Quality

What are the five processes of project

management?
Initiating,

Planning, Executing, Controlling,

Closing

Concept,

Planning, Development, Execution,

Termination

Planning,

Verifying, Development, Controlling,

Termination

Initiating,

Closing

Planning, Facilitating, Executing,

A bar chart illustrating the number of hours that a person

is needed each week or month over the course of the
project is called?

Gantt

Chart

Staffing

Management Plan

Histogram

Responsibility

Assignment Matrix

Activities such as measuring, examining and

verifying describe which of the following?
Flow

chart legend

Project

risk management

Activity

duration estimating

Inspection

Which of the following is not an advantage of

centralized contracting?
More

economical

Easier

to control overall contracting efforts

Less

attention to the special needs of

individual projects

Orders

can be consolidated across several

projects

What is Activity Resource Estimating?

Estimating

the type and quantities of

resources required to perform each scheduled
activity
Controlling changes to the project schedule
Analyzing activity sequences, durations,
resource requirements, and schedule
constraints to create the project schedule
Identifying and documenting dependencies
among scheduled activities

A _____ is a component that does not meet its

requirements or specifications, and needs to be repaired
or replaced.

Corrective

Action

Preventive

Action

Defect

Change

Changes to the Information Distribution process should trigger

changes to project management plan and the _____ management
plan.

Human

Resources

Quality
Communications
Risk

Cost budgeting is the process of

allocating:

The project budget to the various identified work

activities in order to establish a basis for the project
contingency reserve
The overall cost estimate to individual work activities
to establish the basis for the project contingency
reserve
The overall cost estimate to individual work activities
to establish a cost baseline for measuring project
performance
The project budget to the various identified work
activities in order to establish a basis for the project
estimate

Which of the following is not true concerning

project stakeholders? Best answer
They

may actively support the project

They

may exert influence over the projects

objectives and outcomes

They
Their

are actively involved in the project

interest may be affected by the projects

execution or completions

Which Human Resources Management process

addresses coordinating change?
Human

Resource Planning

Acquire

Project Team

Manage

Project Team

Develop

Project Team

A numbering system used to uniquely identify each

component of the work breakdown structure is the:

Project

Code

Chart

of Accounts

Error

Code

Code

of Accounts

Of the following, which is not a theme or issue

within Project Procurement Management?
Delphi

Technique

Contract

Administration

Procurement
Solicitation

Planning

Planning

Which involves choosing part of a

population of interest for inspection?
Pareto
Run

Chart

Chart

Scatter

Diagram

Statistical

Sampling

Which of the following is not a tools and

techniques of Information Delivery?
Communication

skills

Requested

changes

Information

distribution method

Lessons

learned process

Parametric estimating is most reliable when all of

the following occur except:
The

model works for large projects as well as

small projects

The

historical data used to develop the model

is accurate

Estimates

are predictions of conditions in the

projects future are forecasted

The

parameters of the project life cycle are

readily quantifiable

What defines when and how often the risk management process will
be performed throughout the project life cycle, and establishes risk
management activities to be included in the project schedule?

Risk

Management

Budgeting
Timing

Definitions

of risk probability and impact

Overall project duration is calculated as an

output of the _____.
Schedule
Activity

Development Process

Cost Estimates

Organizational
Enterprise

Process

Environmental Factors

The Project Quality Management process

includes all of the following except:
Quality

Planning

Quality

Assurance

Quality

Control

Quality

Variance

What is Information Distribution?

Collecting

and distributing performance

information
Making needed information available to project
stakeholders in a timely manner
Determining the information and
communications needs of the project
stakeholder
Managing communications to satisfy the
requirements of and resolve issues with
project stakeholders

Cost _____ are generally expressed in

units of currency.
Budgets
Variances
Estimates
Controls

To have a successful project, the team must do

all of the following except:
Select

process within the Project Management

Process Groups which require meeting the
project objectives
Apply the processes of the Project
Management Process Group which requires
meeting the project objectives
Balance time, scope, cost, quality, resources
Meet stakeholder needs, wants and
expectations

Matrix-based charts are used to illustrate the

connections between work that needs done and:
Stakeholders
Work

Breakdown Structure

Responsibilities
Team

Members

The sum of the products, services, and results to

be provided as a project is:
Planned
The

Value

Scope

S-Curve
Schedule

Variance

Which of the terms is generally used when the sellers

selection decision will be based on price (as when buying
commercial or standard items):

Technical

Approach

Proposal
Tender

Technical

Skills

Identification, response development, assessment and

documentation are major processes of risk management. Which of
the responses listed below is not a major process?

The

projects change control system

Planning,

Identification, Documentation, and

Assessment

Identification,

Planning, Evaluation, Response

Development, Mitigation, and Documentation

Planning,

Identification, Qualitative Analysis,

Response Planning, and Monitoring and
Control

A thorough review of the _____ will

help identify potential project risks.
Projects

mission statement

Projects

budget

Projects

change control system

Risk

identification checklists

Resource calendars are known inputs under

which two time management processes?
Activity

Sequencing and Scheduled

Development

Activity

Duration Estimating and Scheduled

Development

Activity

Resource Estimating and Scheduled

Development

Activity

Sequencing and Scheduled

Development

Process Analysis examines all of the

following except:
Problems

Experienced

Constraints
Work

Experienced

Performance

Non-Value-Added

Activities

A specific type of histogram, ordered by frequency of

occurrence, which shows the number of defects
generated by category or identified cause is known as a:

Flowchart
Scatter

Diagram

Pareto

Chart

Run

Chart

Which of the following is not an input

of Communication Planning?
Project

management plan

Communications
Project

management plan

scope statement

Enterprise

environmental factors

_____ information on the completion status of the deliverables and

what has been accomplished is collected as part of the project
execution, and is fed in the Performance Reporting process.

Performance
Change
Work

measurement

request

performance

Quality

control

Cost variance is computed as:

Actual

cost planned value

Planned
Actual

value actual cost

cost earned value

Earned

value actual cost

Identifying relevant quality standards and how to

address them should occur in which phase?
Planning
Quality
Risk

process phase

control phase

phase

Project

Life Cycle phase

Identifying relevant quality standards and how to

address them should occur in which phase?
Planning
Quality
Risk

process phase

control phase

phase

Project

Life Cycle phase

The Staffing Management Plan is an output of

which Human Resource Management process?
Develop

Project Team

Acquire

Project Team

Human

Resource Planning

Manage

Project Team

Scope Definition involves:

Developing

a scope management plan

Developing

a detailed project scope statement

as the basis for future decisions on the project

Controlling

the project scope

Formalizing

deliverables

acceptance of the project

Indirect costs are:

Also

known as risk management

(contingency) cost
Cost not arising out of the performance
of work on the project
Project costs that were not specifically
accounted for in the project budget
Costs other than the salary of project
team members such as sick and
vacation leave

A project is:
An

ongoing activity undertaken to meet a

market requirement

A set

of activities preformed in a system

A temporary

activity to create a unique product

result or service

Linked

by the results they produce

The following formats exist to document team

member roles and responsibilities, except:
Text

Oriented Format

Matrix

Responsibility Chart

Hierarchical-type
Work

Organization Chart

Breakdown Structure

Scope Definition involves:

Developing

a detailed project scope statement

as the basis for future decisions on the project

Controlling

the project scope

Formalizing

acceptance of the project

Developing

a scope management plan

deliverables

Enterprise environmental factors are one input of plan,

purchases and acquisitions. Which of the following is not
an input?

Project
WBS

Time Management

Dictionary

Project

Scope Statement

Organizational

Process Assets

Which of the following is not true about risk

identification?
It

is an interactive process

It

determines which risks might affect the

project and documents their characteristics

It

describes the content and format of the risk

register

All

project personnel should be encouraged to

identify risks

Which of the following is a risk monitoring

and control tool and technique?
Exploit
Risk

Register

Prioritized
Reserve

list of quantified risks

Analysis

Project Time Management includes

the processes required to:
Control

changes to the project schedule

Accomplish

project

Estimate

the timely completion of the

the number of work periods

Schedule

Activities

Monitoring specific project results to determine

relevance to quality standards is known as:
Quality

Variance

Quality

Assurance

Quality

Control

Quality

Planning

Which is not part of the Project

Communications Management process?
Cost

of Quality

Information

Distribution

Performance
Manage

Reporting

Stakeholders

Influencing the factors that create cost variances and

control changes to the project budget is defined as:

Cost

Budgeting

Cost

Benefit

Cost

Control

Cost

Variance

Of the following, which is not related to

cost recognition?
The

point in time when costs are

charged to the project
The allocation of contractor earned
bonuses to project costs
The way in which performance
incentives are integrated into project
costs
The point in time when costs are
budgeted to the various activities

What is the use and purpose of project

planning methodology?
Maximize

the value of the project phases

Any

structured approach to help prepare the

project plan

Project

phases within a project cycle

Implementation

of and inclusion of the portfolio

What are the two major types of

evaluation?
Change

process and status reports

Work

satisfaction and midpoint

evaluation

Midproject

and final evaluation

Customer

satisfaction and survey

A subset of the project team responsible for activities

such as planning, controlling, and closing is known as:

Stakeholders
Staffing

Management Team

Sponsor(s)
Project

Management Team

The _____ shows the time periods that team members are expected
to work on the project, along with information such as training plans,
certification requirements, and compliance issues.

Project
Staffing

Management Plan
Management Plan

Resource
Gantt

Histogram

Chart

Which of the following are outputs of

the Scope Change Control process?
Corrective
Scope

action and schedule updates

changes and formal acceptance

Scope

changes, corrective action, and

lessons learned

Lessons

learned and scope definition

Milestone charts primarily are used to:

Show

significant events in the project

Show

the start and stop of a task

Show

the critical path

Demonstrate

constraints

What is the primary concern of a

procurement audit?
Maintaining

the project

A numbering
Work

system

Breakdown Structure

Identifying

successes and failures that

warrant recognition

Which of the following is a

constructive change?
Viewing

as negative, quantified and tabulated

Postponing

budget

as long as possible to protect the

Identifying

and documenting project

correspondence

Submitting

bids to relevant vendor list

The Delphi Technique is a way to reach consensus.

Which of the statements listed below is a characteristic of
the Delphi Technique?
Does

not help to reduce bias in the data

Project

risk experts participate anonymously

Consensus

may be reached in many rounds of

this process

Ensures

that one person may have a greater

influence on the outcome

Constructing a project schedule network diagram that

uses nodes to represent activities and connect them with
arrows that show dependencies is known as:

Gantt

Chart

Arrow

Diagramming Method

Precedence
Work

Diagramming Method

Breakdown Structure

The project management team determines the

dependencies that may require a _____ to accurately
define the logical relationship.

Mandatory

or External

Discretionary

or External

Discretionary

or Mandatory

Lead

or Lag

Of the following, which is not a benefit of

meeting quality requirements?
Increased
High

Productivity

Increased
Less

Costs

Stakeholder Satisfaction

Rework

The quality _____ records the

quality objectives of the project.
Checklists
Metrics
Measurements
Baseline

A flowchart is a graphical representation of

a process which shows:
Various

factors linked to potential problems

Activities,

decision points and the order of

processing

Predictable
Whether

performance

a process is stable

Which of the following is not an output

of Performance Reporting?
Resolved

Issues

Performance

Reports

Forecasts
Requested

Changes

All of the following resources are included

in activity cost estimating, except:
Information
Time

Technology

Shortages

Facilities
Materials

The cost management plan:

Is

a formal document integrated into the

overall project management plan

Should

be highly detailed and describe how all

cost variances are to be managed

May

be omitted if the integrated change

management plan is sufficiently detailed

Is

a tool that is used to adjust cost estimated

to reflect the realities of the project budget

Communication skills are related to, but

are not the same as _____.
Information

distribution

Communication
Project

planning

management communications

Performance

reporting

Which of the following is not an input

to cost budgeting?
Project

Schedule

Risk

Management Plan

Cost

Variances

Work

Breakdown Structure

In estimating the total of material resources required for a project,

you must first estimate the amount of waste to be expected. You will
most likely find this information in which process?

Supporting

detail

Parametric

modeling

Resource

requirements

Historical

information

The set of processes required to ensure the various

elements of the project that are coordinated are called:

Project

Charter Management

Project

Quality Control Management

Project

Integration Management

Project

Communications Management

Organization recognition dinners, certificates of appreciation,

newsletters, bulletin boards, Web sites, and other organizational
perquisites should be available to the _____ as part of the process.

Staffing

Management Team

Sponsor
Project

(s)

Management Team

Stakeholders

If project team members do not possess required

competencies, performance can be jeopardized. When
should competencies first be addressed? Best answer

When

Acquiring Project Team

When

defining Roles and

Responsibilities

In

the Project Management Plan

In

the Staffing Management Plan

What ensures that all work within the project is identified

and defined within a common framework?

Project
Risk

Plan

Analysis

Work

Breakdown Structure

Cost/Benefit

Analysis

Make-or-Buy Analysis should consider

which of the following?
Foreign
EV

Currency Exchange

minus PV

Project
Direct

team directory

and Indirect costs of a prospective

procurement

Congratulations Q&A Completed

In

the pursuit of learning, every day

something is acquired.

Lao Tzu