Project Management Tools and Techniques Exam Solutions - 1226 Verified Questions

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Chapter 6: Resource Utilization

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Sample Questions

Q1) If resources are to be considered in planning, it is necessary to A) when each is taking vacation time or time off.

B) know the name of each resource on the project.

C) list all the projects to which the resources have been assigned.

D) indicate the amounts and types of resources needed to perform each activity.

Q2) Select which of the following does not describe how the sequence of activities can be drawn to reflect the availability of a limited quantity of resources.

A) The activities using the limited resources are shown in a ladder relationship as they are available.

B) The activities using the limited resources are shown in a loop relationship as they are available.

C) The activities requiring the limited resource are assigned at different times.

D) If there is no technical constraint for the activities, the activities could be arranged serially by the availability of the resources.

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8

Chapter 7: Determining Costs, Budget, and Earned Value

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69 Verified Questions

69 Flashcards

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Sample Questions

Q1) Historical data can be used as a guide on the current project.

A)True

B)False

Q2) Contingency costs in the project costs estimate, also referred to as _________, are to cover unexpected situations that may come up during the project, such as items that may have been overlooked when the initial project scope was defined, activities that may have to be redone because they may not work the first time (redesigns), or a high probability or high impact risk that may occur.

A) auxiliary funds

B) withholding

C) reserves

D) capital funds

Q3) The _____ is the product of the percent complete and the sum of the estimated costs of all the specific activities that make up a work package or the project.

A) total budgeted cost (TBC)

B) cumulative budgeted cost (CBC)

C) cumulative actual cost (CAC)

D) cumulative earned value (CEV)

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Chapter 8: Managing Risk

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45 Flashcards

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Sample Questions

Q1) A common approach to identifying the sources of risks is

A) brainstorming.

B) developing a contingency plan.

C) elaboration.

D) evaluating the probability.

Q2) Risk management involves identifying, assessing, and responding to project risks in order to minimize the likelihood of occurrence and/or potential impact of adverse events on the accomplishment of the project objective.

A)True

B)False

Q3) The project manager needs to set the tone for encouraging open and timely discussion of risks among the project team.

A)True

B)False

Q4) A risk is an uncertain event that, if it occurs,

A) must be accepted.

B) can jeopardize accomplishing the project objective.

C) must be avoided.

D) helps to achieve the project objective.

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Chapter 9: Closing the Project

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42 Flashcards

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Sample Questions

Q1) The project organization should establish a __________ that includes an easily accessible repository that encourages project managers and teams to retrieve lessons learned and information from previous projects.

A) document storage routine

B) file structure

C) knowledge base system

D) revision process

Q2) The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to

A) pay all the expenses of the project to the contractor.

B) really determine whether the project met expectations and achieved the anticipated benefits.

C) solicit proposals for a new RFP.

D) begin planning for future projects or opportunities for the contractor.

Q3) Lessons learned could be helpful in bidding, planning, and/or performing future projects.

A)True

B)False

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Chapter 10: The Project Manager

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129 Flashcards

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Sample Questions

Q1) The ______ must decide which tasks should be done in-house and which tasks should be done by subcontractors or consultants.

A) stakeholders

B) project manager

C) project sponsor

D) project team

Q2) The effective manager does not tell people how to do their jobs.

A)True

B)False

Q3) The project manager reviews the plan with the customer to gain endorsement and then sets up a project management information system for

A) recording the plan.

B) solidifying the agreement of the plan.

C) comparing actual progress to planned progress.

D) using technology to appear competent.

Q4) Leadership is getting things done through others; the project manager achieves results by not trusting the project team.

A)True

B)False

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Chapter 11: The Project Team

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225 Verified Questions

225 Flashcards

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Sample Questions

Q1) The ___________agenda contains the Processes and procedures - describe the protocols and plans for the project.

A) project kickoff meeting

B) project progress meeting

C) project status meeting

D) project design meeting

Q2) The better team members get to know one another, the

A) less is accomplished on the project.

B) more team building is enhanced.

C) more conflict the team experiences.

D) more manipulative team members become because they know personal information.

Q3) The evaluation scorecards are used to help determine

A) the best solution.

B) the project manager's favorite solution.

C) the team's most popular solution.

D) the customer's accepted solution.

Q4) A disciplined, creative, and effective approach to problem solving is needed for project success.

A)True

B)False

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Chapter 12: Project Communication and Documentation

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121 Verified Questions

121 Flashcards

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Sample Questions

Q1) Listening is more than just letting the other person talk. It must be

A) a passive, not an active, process.

B) an impatient, not a patient, process.

C) an reactive, not a proactive, process.

D) an active, not a passive, process.

Q2) Personal written communication is generally carried out through internal correspondence to or among the project team and external correspondence to the customer or others external to the firm, such as subcontractors.

A)True

B)False

Q3) The _______ needs to be updated as stakeholders or their information needs change, or if new people or new documents are identified.

A) project document plan

B) project communication plan

C) project revision plan

D) project performance plan

Q4) Talk to the audience, not at it.

A)True

B)False

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Chapter 13: Project Management Organizational Structures

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65 Flashcards

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Sample Questions

Q1) A disadvantage of a matrix organizational structure is that conflicts will arise between project managers and functional managers regarding priorities.

A)True

B)False

Q2) A disadvantage of a matrix organizational structure is that a company that uses a matrix organization structure must establish operating guidelines to assure a the balance of power between project managers and functional managers favors one or the other.

A)True

B)False

Q3) In _________, individuals can pursue career development through assignment to various types of projects. As they broaden their experience, individuals become more valuable for future assignments.

A) an autonomous project organizational structure

B) a functional organizational structure

C) a matrix organizational structure

D) a project management office

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Chapter 14: Project Management Information Systems

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46 Verified Questions

46 Flashcards

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Sample Questions

Q1) List questions that you would have if you were evaluating a project management information system?

Q2) Project management information systems allow the user to define an actual plan and compare baseline progress and costs with those in the actual plan.

A)True

B)False

Q3) Project management information systems can generate a single of report about the project, its milestones, financials, earned value, resource allocation, and variance.

A)True

B)False

Q4) _________ features included in most systems are network diagrams and bar (Gantt) charts, project time estimating, scheduling , task management and interdependencies, what-if analysis, and work breakdown structure.

A) The communication

B) The budgeting and cost management

C) The project planning

D) The documentation management

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