9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

Project Leadership & Governance - Mid

Term Exam II - 27-09-2023

1. Email *
Fasih692001@gmail.com

2. How are performance measurement baselines established in project management?

(Briefly Answer)

A performance measurement baseline is a tool that is used by project managers to define

project parameters that are
1- Scope Baseline
2- Schedule Baseline
3- Cost Baseline
Once the estimates are approved and set, the PMB becomes a reference for measuring
project success or any deviations from the initial plan. A PMB is needed to compare the
project plan and actuals to an initially approved budget.
It’s a measuring reference of stakeholders approach for project progress.

3. What are the benefits of using performance measurement baselines in project

management?

The main benefit of PMB is to gauge the progress of the work and is measured against this
baseline. This tool helps the project manager and the stakeholders to determine where the
project stands with respect to schedule, budget, and scope.

4. How do project managers use performance measurement baselines to track project

progress? (Briefly Answer)

Project managers use this tool to measure a project’s performance against its initial plan.
The key purpose is to identify deviations from the plan which the project managers to initiate
corrective or preventive action in such cases.
The “Earned Value Analysis” is the most common method for measuring the performance
of any project.

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

5. Name any three Project Management Maturity Models? (Briefly Answer)

PMMM measure how well a company handles the projects. Currently, almost 29 models
are available, however 7 models are the most common:

 Capability Maturity Model (CMM)

 Organizational Project Management Maturity Model (OPM3)
 Project Management Maturity Model (PMMMSM)
 Berkeley Project Management Process Maturity Model
 Gartner Score Diagnostic Family
 Kerzner’s Project Management Maturity Model
 Portfolio, Program, and Project Management Maturity Model

6. How Is a Project Management Maturity Assessment exercise performed? (Briefly

Answer)

The PMM assessment is used to understand the reliability and consistency of their current
project management processes. This exercise include interviews, surveys, benchmarks,
and document reviews. This exercise can be conducted internally with self-assessments or
by a trained consultant.

The following evaluation are conducted:

 Artifact Collection:
The managers determine whether or not teams follow processes and write project plans.
 Interviews:
Interviews are conducted to understand process importance.
 Questionnaires:
Administering questionnaires to determine project management maturity.
 Benchmarking:
Benchmarking against other organizations provides an objective standard for considering
a company’s efforts.

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

7. List down PM Maturity Levels? (Briefly Answer)

There are 5 PM maturity levels for any organization:

 Level 1: Initial Process

The initial process level represents the stage where a company has not yet implemented
standardized project management processes.
 Level 2: Repeatability or Standardization
At the repeatability or standardization level, an organization attempts to implement
standardized, repeatable processes.
 Level 3: Organizational Processes
At this level, a company documents processes and integrates them into all parts of the
organization.
 Level 4: Measurement or Management
At this level companies implement clear metrics to track the success of processes and
qualitatively control them.
 Level 5: Optimization
At this level, organizations adjust their established processes. They pursue continuous
improvement efforts and innovate.

8. What is the first step in project planning? Select one:

Mark only one oval.

Establish the objectives and scope

Determine the budget
Select the team organizational model
Determine project constraints Inspect the
deliverables

9. What is the first step in project planning?

Select one:

Mark only one oval.

Establish the objectives and scope

Determine the budget
Select the team organizational model
Determine project constraints Inspect the
deliverables

10. CV = $70,000; AC = 90,000; Budget = $200,000. What percent of the project is

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

complete? Select one:

Mark only one oval.

80%
53%
45%
35%
75%

11. Your project is in the final test stage, the user acceptance test. It meets all the
product specs and is under planned costs. In terms of schedule, this project is
ahead. Your customer meets you and requested that he will not accept the product
unless you make several changes. What you should do is:

Mark only one oval.

Get the list of the changes and estimate all of them. If the total cost is still within the
baseline, you just do it.
Estimate the costs and send this to your customer requesting contract modification.
Ask the customer to file a change request.
Sit with the customer to review the product specs and tell him/her that you have completed
the project.

12. The Project management office (PMO) handles all of the following functions
EXCEPT:

Mark only one oval.

maintaining the organization's project management policies and procedure

supervising the project managers
assigning project managers from other departments but not procuring contract project
managers
monitoring project performance
providing functional support to projects like project scheduling and project cost analysis

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

13. Which of the following project baselines provides the basis for measurement of the
expected cash flow against requirements over time and is often displayed as an S
curve?

Mark only one oval.

Schedule baseline
Cost performance baseline
Scope baseline
Plan baseline
Initiation baseline

14. Performance measurement is a part of the process.

Mark only one oval.

Strategic planning
Strategic alliance
Strategic evaluation
Strategic assessment

15. Productivity is calculated by adding the value of the product or service by the value
of labor and capital cost

Mark only one oval.

True
False

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16. The measurement of performance is a tool that provides qualitative information

about products, services and the processes that produce them.

Mark only one oval.

True
False

17. is an important tool for the assessment of a system or service according

to the measurements specified.

Mark only one oval.

Performance evaluation
Performance appraisal
CPM
PERT

18. Two common methods to evaluate the performance objectives are variance
analysis and the method.

Mark only one oval.

Earned value
Critical Path
Zone
Program Evaluation and Review

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19. The is a useful tool that allows the calculations of cost and schedule
performance measures including cost variance, schedule variance, cost and time
over-runs for a project.

Mark only one oval.

Earned Value Method

Critical Path Method
Program Evaluation Review Technique
Zone Method

20. Quality characteristics such as performance, functionality, suitability, reliability and

consistency are commonly used to measure the .

Mark only one oval.

Project deliverables
Project Scope
Project life cycle
Project goals

21. After Marta obtained her PMP certificate, her boss assigned her to be in charge of
along-term project, which a recently resigned project manager, Todd, had been
working on for three years. When Marta looks at historical information that Todd
achieved for this project, which of the following is deemed most critical for Marta to
manage her project team? Select one:

Mark only one oval.

Project contract
Detailed activity lists and WBS dictionary
Legal documents
Project lessons. Learn who are the project investors

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

22. You are managing a project that is responsible for setting up an alcohol distillery.
Your team is in its eighth month of execution. One of the vendors informs you that
the agitators delivery is going to be delayed by a week .You look up the project
management plan and the schedule baselines and decide to set up all the reactors
first. Based on your analysis by moving tasks around you see that there would be
no impact to any of the performance measurement baselines. What should you do
next ?

Mark only one oval.

Go ahead and execute the rescheduled tasks as there is no impact to any of the baselines
Write up a change request and submit to change control for approval.
Analyze the impact of the change to the triple constraints and then submit a change
request
Do nothing as this would cause changes to the baselines

23. Which of the following project phases would result in a majority of updates to the
cost, schedule, and scope baselines as a result of change requests?

Mark only one oval.

The closing phase

The executing phase
The planning phase
The monitoring and controlling phase

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9/27/23, 6:26 PM Project Leadership & Governance - Mid Term Exam II - 27-09-2023

24. Most of the Performance Measurement Baseline work is done at the stage
of the project

Mark only one oval.

Costing
Closing
Planning
Monitoring

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