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In which document will you find the code of account identifier, description of work, responsible organization, and list of schedule milestones?
1. WBS 2. WBS Dictionary 3. PERT/CPM Charts 4. Roles and Responsibilities Matrix |
2. WBS Dictionary
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When referring to inputs for Develop Schedule process, responsibility (i.e., who will perform the work), activity type (i.e., summary or detailed), and WBS classification are :
1. Constraints 2. Activity attributes 3. Resource pool description 4. Activity duration estimates |
2. Activity attributes
Activity attributes can be used to identify the person responsible for executing the work, geographic area, or place where the work has to be performed, and activity type such as level of effort (LOE), discrete effort, and apportioned effort (AE). Activity attributes are used for schedule development and for selecting, ordering, and sorting the planned schedule activities in various ways within reports.
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In your project, you are estimating schedule activity costs by determining the unit cost rates, e.g., staff costs per hour. All the following could be used to determine resource cost rates EXCEPT:
1. Statistical relationship between historical data and other variables 2. Gathering quotes 3. Standard rates with escalation factors (for contracts) 4. Commercial databases or seller published price lists |
1. Statistical relationship between historical data and other variables
Parametric estimating uses a statistical relationship between historical data and other variables.
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You are the project manager responsible for manufacturing a particular variety of soap. You decide to do a statistical sampling for this project, because surveying the entire population involves all the following problems EXCEPT:
1. Inaccurate data 2. Very expensive 3. Longer time 4. More resources |
1. Inaccurate data
Survey of the entire population yields accurate data.
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When you started creating a work breakdown structure for your project, you realized that it was too complicated to be done on a single piece of paper. You then started using a work breakdown structure numbering system to:
1. Determine the complexity of the project
2. Determine the level at which individual WBS elements are found
3. Help in automating the WBS using appropriate software
4. Present justification for the project
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2. Determine the level at which individual WBS elements are found
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Please refer to the diagram given below (all units are in days):
What is the project float if management wants to complete this project within 13 days? 1. 0 days 2. - 3 days 3. 2 days 4. Cannot be determined, because information given in the question is incomplete |
2. - 3 days
The possible paths are as follows:
Start -> Task1 -> Task2 -> Task4-> End: 10 Start -> Task3 -> Task5 -> Task7-> End: 15 Start -> Task6 -> Task7 -> End: 15 Start -> Task1 -> Task2 -> Task3 -> Task5 -> Task7 -> End: 16 The critical path is 16. If the project has to be completed within 13 days, the project float is - 3 days (i.e., 13 - 16) Please note: A project may have a negative project float. To deal with such conditions, if the project has to be completed on time, the project manager will have to either fast-track or crash the project schedule. |
In your project, you are using cost aggregation, expert judgment, and historical relationships to establish a cost performance baseline. This is performed during:
1. Control Costs 2. Determine Budget 3. Estimate Costs 4. Create WBS |
2. Determine Budget
Determine Budget is the process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Cost aggregation, expert judgment, and historical relationships are some of the tools used in this process.
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You are a project manager. At the executing stage of the project, all the following statements are correct EXCEPT:
1. Most of the project budget will be expended in project plan execution. 2. The project manager and the team implement the planned methods and standards. 3. The project manager will review all information from the current phase closures. 4. The project manager and the team manage risks and implement risk response activities. |
3. The project manager will review all information from the current phase closures.
When closing the project, the project manager will review all prior information from the previous phase closures to ensure that all project work is complete and that the project has met its objectives.
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Determining and delivering the required levels of quality for the project is the responsibility of:
1, Project sponsor 2. Project manager/project management team 3. Project team 4. All stakeholders in the project |
2. Project manager/project management team
The project manager and the project management team are responsible for managing the tradeoffs involved to deliver the required levels of both quality and grade.
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In your project, you need to verify whether deliverables meet requirements and product acceptance criteria. For this purpose, which of the following would you rely on?
1. Inspection 2. Expert judgment 3. Observations 4. Focus groups |
1. Inspection
Inspection includes activities such as measuring, examining, and verifying to determine whether work and deliverables meet requirements and product acceptance criteria.
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Withdrawal: Retreating or withdrawing from a potential disagreement.
Smoothing: De-emphasizing or avoiding areas of differences and emphasizing areas of agreement.
Compromising: Bargaining and searching for solutions that bring some degree of satisfaction to the parties in a dispute. Characterized by a "give and take" attutude.
Forcing: Exerting one's viewpoint at the potential expense of another. Often characterized by competitveness and a win-lose situation.
Confrontation: Facing conflict directly, which involves a problem solving approach, whereby affected parties work through their disagreements.
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You are creating a cost performance baseline for your project. In this context, all the following statements related to cost performance baseline are correct EXCEPT:
1. It is a time - phased budget. 2. To measure disbursements, a spending plan can be used as a cost-baseline. 3. It is used to measure, monitor, and control overall cost performance. 4. In the earned value management technique it is also known as cost measurement baseline. |
4. In the earned value management technique it is also known as cost measurement baseline.
In the earned value management technique, the cost performance baseline is referred to as the performance measurement baseline (PMB).
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You have been managing a project to construct a flyover on Interstate 10. You have divided the project into phases to provide better management control. Which of the following is a characteristic of a project phase?
1. Formal phase completion necessarily includes authorization for the subsequent phase. 2. A project phase can be closed with a decision not to initiate the subsequent phase. 3. A project phase should not be divided into sub-phases even in complex projects, because it will be difficult to manage. 4. All deliverables in the project phase should correspond to the project management process. |
2. A project phase can be closed with a decision not to initiate the subsequent phase.
Formal phase completion does not necessarily include authorization for the subsequent phase. For instance, if the risk is deemed to be too great for the project to continue or if the objectives are no longer required, a phase can be closed with the decision not to initiate any other phase.
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In your new project, you have to provide a critical deliverable within five months and do not have time to go through the Conduct Procurements process. You decide to sign a contract with a supplier with whom your company has done some work in the past. The risk you are accepting in this situation is:
1. The ability of the supplier to deliver the goods 2. Collusion between the supplier and your team 3. Lack of proper scope definition 4. Lack of a legally binding agreement |
1. The ability of the supplier to deliver the goods
The risk here is that even though the supplier has worked with the company in the past, they may not have the required skills for the current project.
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In your project, you are using Report Performance process to organize and summarize the information gathered. Later, you present the results of the analysis as a comparison to the performance measurement baseline. Some common formats for performance reports that you could use are:
1. S-curves, histograms, Pareto diagrams 2. S-curves, responsibility assignment matrices ,histograms 3. Bar charts, S-curves, histograms 4. Bar charts, control charts, histograms |
3. Bar charts, S-curves, histograms
Common formats for performance reports include bar charts, S-curves, histograms, and tables.
Option 1: Pareto charts are used in Perform Quality Control process.
Option 2: Responsibility assignment matrices are used in Develop Human Resource Plan process. Option 4: Control charts are used in Perform Quality Control process. |