Terms
The iterative process of increasing the level of detail in a Project Management Plan as greater amounts of information and more accurate estimates become available.
What is the Progressive elaboration?
An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project.
What is a Stakeholder?
__________includes the processes to identify, acquire, and manage the resources needed for the successful completion of the project.
What is Project Resource Management?
The project manager of a critical project in your company has to go on leave and you have to take up his responsibility. In the project briefing, the outgoing project manager tells you that the scope statement for the project has been documented, WBS has been created by subdividing the major project deliverables into smaller, more manageable components and an activity list has been approved. What should you do next?
A. Identify important project stakeholders.
B. Create the Project Management Plan.
C. Create the project deliverables.
D. Create schedule network diagrams.
D. Create schedule network diagrams.
A risk manager is meeting with the project manager to discuss the progress of the current software development project they are both involved in. The risk manager shared concerns about feedback received regarding the low likelihood that the team would achieve their go-live date successfully. What activity is the project manager likely to perform next?
A. Nothing, since a new issue or risk has not been officially raised.
B. Submit a change request in the form of preventive action.
C. Work with the risk manager to apply immediate changes to the plan.
D. Submit a change request in the form of corrective action.
B. Submit a change request in the form of preventive action.
a set of individuals with assigned roles and responsibilities who work collectively to achieve a shared project goal.
The Project Manager should invest suitable effort in acquiring, managing, motivating, and empowering the project team
What is Project Team?
The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements.
What is Project Management?
_________may have a positive or negative impact on the project, or be positively or negatively impacted by the project
What are Project stakeholders?
A team member on your manufacturing project wants to verify that project deliverables conform to the quality standards established in the quality management plan by using appropriate tools and techniques. Another team member approached you as the project manager to know why his peer is performing this verification. Which of the following represents the proper response to the team member?
A. To meet project requirements and business needs
B. To verify compliance with project objectives.
C. To manage the impact of risks and opportunities on the project
D. To ensure that project goals remain aligned with business needs
A. To meet project requirements and business needs
A project manager is considering changing the Control Costs process currently used on her project Instead of submitting budget change requests to the CCB, she wants to invite stakeholders to the parking lot portion of the daily standups and discuss requested changes there. The project manager meets with the stakeholders to propose the process change. Which of the following arguments would be least likely to convince the stakeholders of the benefits of the new process?
A. The cost management and change management plans will be updated to reflect the new process.
B. Earned value analysis data from a previous project will be compared to iterative data accumulation
C. Only those budget change requests that do not affect the project cost baseline will be discussed.
D. Other project managers in the organization going through similar process changes will be consulted.
C. Only those budget change requests that do not affect the project cost baseline will be discussed.
A more traditional approach, with the bulk of planning occurring upfront, then executing in a single pass; a sequential process
What is Predictive life cycle?
A short 10-15-minute meeting held daily for the team to reaffirm commitment to its objectives for the iteration.
What is Daily Standup?
A _______ is a metric used in Agile project management and development to estimate the difficulty of implementing a given user story, which is an abstract measure of effort required to implement it.
What is story point?
You are working as a project manager for a large contracting firm which was awarded a project of building one of the world cup 2022 football stadiums. During the project excavation phase, you knew there are infrastructure power cables that you need to relocate, however, there is no provision in the contract for the cable relocation, and this task might cost your organization around $350,000. You requested an amendment in the contract, but the buyer rejected it, and you both couldn't resolve this issue. As a project manager, what should you do next?
A. Seek Arbitration following the ADR procedures
B. Follow the contract closure procedures, and terminate the contact
C. Relocate the power cables on your project cost to maintain relationship with the customer
D. Submit a Change Request to the Sponsor to request the funding
A. Seek Arbitration following the ADR procedures
A key stakeholder has been resistant to the project's objectives, and the support of this stakeholder is critical to the success of the project. The project manager has employed various engagement strategies which have been ineffective and needs to determine the underlying reason that stakeholder engagement is not having the planned effect. What should the project manager do next?
A. Conduct data analysis
B. Develop a stakeholder engagement assessment matrix
C. Perform an alternatives analysis
D. Submit a change request to update the stakeholder engagement plan
A. Conduct data analysis
A common type of responsibility assignment matrix that uses Responsible, Accountable, Consulted, and Informed statuses to define the involvement of stakeholders in project activities.
What is a RACI Chart?
A meeting of the team members to identify its own improvements. Reviews the team's processes and practices and identifies ways for the team to improve its performance, collaboration, etc.
What is Retrospective?
The ________ is a document that establishes the team values, agreements, and operating guidelines for the team.
What is a Team Charter?
During the qualitative risk analysis, a project manager asked various stakeholders to determine the probability and impact of a number of risks, he then analyzed assumptions, and he is about to move to the next step of risk management. Based on this information, what has the project manager forgotten to do?
A. Provide a standardized risk rating matrix.
B. Identify risk owners.
C. Evaluate trends in risk analysis.
D. Identify risk triggers.
A. Provide a standardized risk rating matrix.
You were assigned as a project manager for a $7 million project which your contracting company was awarded one week ago. You started your efforts through identifying high level risks, assumptions, and constraints based on the current environment, organizational factors, historical data, and expert judgment. The project sponsor approached you to know why you are performing these activities. Which of the following should be your best reply?
A. You are performing these activities in order to align expectations and gain support for the project.
B. You are performing these activities in order to manage customer expectations and direct the achievement of project goals.
C. You are performing these activities in order to validate project alignment with organizational strategy and expected business value.
D. You are performing these activities in order to propose an implementation strategy.
D. You are performing these activities in order to propose an implementation strategy.
The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance.
What are Lessons Learned?
*Bonus question*
While controlling the project quality, one of the most valuable tools you can use is the control chart. All of the following are true regarding this tool except for which one?
A. Control charts are used in conjunction with the Rule of 7.
B. Common causes of variance that are outside of the acceptable range may require the project manager to approve changes to or reorganization of the process.
C. Control charts measure variances to determine whether process variances are in control or out of control.
D. Common causes of variance include random, known, or predictable, and variances that
B. Common causes of variance that are outside of the acceptable range may require the project manager to approve changes to or reorganization of the process.
The challenges of managing ________ are mainly in the communication domain, including a possible feeling of isolation, gaps in sharing knowledge and experience between team members, difficulties in tracking progress and productivity, possible time zone differences, and cultural differences
What is virtual teams?
As a recently assigned project manager for the most critical project for your organization, you are aware of the importance of common understanding of the key deliverables, milestones, and their roles and responsibilities for the project success. Which of the following activities can be done to ensure this?
A. Obtain project charter approval from the sponsor.
B. Identify key deliverables based on the business requirements.
C. Perform project assessment based upon available information, lessons learned from previous projects, and meetings with relevant stakeholders.
D. Inform stakeholders of the approved project charter.
D. Inform stakeholders of the approved project charter.
You are managing a mega mall construction project which should be completed in 24 months according to the project contract and schedule. Your customer has recently faced regulatory changes that require your project to be finished 6 weeks earlier and he asks you to do so. Which of the following is the best approach for you to take as a project manager?
A. Stick to your original schedule and tell the customer that once the contract is signed the project duration won’t change under any circumstances.
B. Accept the customer’s request and cut parts of the project scope to meet the new deadline.
C. Inform the customer of the impacts of his requirement to project constraints and, after getting the required approvals, crash the project.
D. Cut the duration of all project activities across the board to meet the requirement.
C. Inform the customer of the impacts of his requirement to project constraints and, after getting the required approvals, crash the project.