Hocus Pocus
This process formally authorizes the project.
A. Receive project approval
B. Identify Project Manager
C. Develop preliminary project statement
D. Develop project charter
D. Develop project charter
A project charter formally authorizes the project and identifies the project manager.
Therese is a project manager working for a telecom company. She is halfway done with her project when she discovered that she has not estimated enough time for some of the development work. She requested extra work to be added to the scope statement and project schedule. The change control board approved the change. What should she do next?
A. Update the scope and schedule baselines to reflect the approved change
B. Start doing the work
C. Gather performance metrics on the teams work so far
D. Manage quality
A. Update the scope and schedule baseline to reflect the approved change.
When the change has been approved you always need to update the baseline and then implement the change. That way you will be sure to track your performance vs scope and schedule expectations rather than the old ones.
You are beginning a new project staffed with a virtual team located across 5 cities. To help avoid conflict in work priorities among your team members and their functional managers, you ask the project sponsor to prepare a…
A. Memo to team members informing them that they work for you now
B. Project charter
C. Memo to the functional managers informing that you have the authority to direct their employees
D. Human resources management plan
B. Project charter
Develop project charter is part of which process group?
A. Initiation
B. Planning
C. Executing
D. Monitoring and Control
A. Initiation
Olivia is hired as a project manager for the new project and she is asking her team to help gather data about different stakeholders. She is doing this to understand the level of political influences across organizations. While the team does not see the need for this, she insists that the data is collected In order to plan communications and recognize both formal and informal power relationships. What is Olivia's strategy an example of?
A. Strong meeting skills
B. Communication skills
C. Political awareness
D. Stakeholder engagement skills
A. Political awareness. Olivia is concerned with analyzing the project environment and organization's political environment while planning for communication
The purpose of economic value added (EVA) is to:
A. Determine the opportunity costs associated with the project
B. Determine a non-time dependent measure of profit of return
C. Assess the net operating profit after taxes
D. Evaluate the return on capital % vs. the cost of capital %
D. Evaluate the return on capital % vs. cost of capital %
Which of the following is not a process in the Project Integration Management process group?
A. Develop project charter
B. Close project or phase
C. Identify Project Manager
D. Monitor and Control Project work
C. Identify Project Manager
When is the best time to have project kick-off meetings?
A. At the beginning of the project
B. When each deliverable is created
C. At the start of each phase
D. When the communication mgmt plan is approved
C. At the start of each phase. If a project is broken p into phases, kick off meeting is held at the start of each phase. The meeting can be used to talk about lessons learned from past projects and establish the way people will communicate as the project work goes on.
In preparing the subsidiary plans you realize some project documents also are required to help manage your projects. An example of one that you believe will be especially helpful is the:
A. Business case
B. Key performance indicators
C. Project management information systems
D. Project statement of work
D. Project statement of work
Which of the following is not true about project charter?
A. Project charter is written by the Project Manager.
B. Project charter defines the purpose of the project
C. Identify and authorizes the Project Manager
D. Project charter is authorized by Executive Management
A. Project charter is written by the Project Manager.
A new shipping container needs to withstand winds of 90 knots and 30 meters. To determine the dimensions of the container and the materials needed, you convene a group of knowledgeable professionals to gather initial requirements. These requirements will be included in the following:
A. Project Charter
B. Bill of Materials
C. WBS
D. Project statement of work (SOW)
A. Project Charter. This charter documents business needs, assumptions, constraints, understanding of customer needs, and high-level requirements . In the charter - it will document new product, service ,or results. IT is a document used to formally authorize the project.
Developing a project mgmt plan for a new project, you (as the project manager)found that you must tailor some company processes because the product is so different than those products typically produced by your company. To tailor these processes, you will reference:
A. Standardized guidelines and work instructions
B. Stakeholder risk tolerance
C. Expert judgement
D. Structure of your company
A. Standardized guidelines and work instructions
Larry is a project manager who is working on a internal project that is meant to improve his company's working conditions. He is currently on the project planning phase. He is confused as to which knowledge area can help him make choices about tailoring the processes to meet the project objectives. He's turned to you for help. Which knowledge area will benefit him the most for this purpose?
A. Scope Mgmt knowledge area
B. Integration Mgmt knowledge area
C. Stakeholder Mgmt knowledge area
D. Cost Mgmt knowledge area
B. Integration Mgmt knowledge area
When you establish the change control board for your DOT project, you established specific procedures to govern its operations. The procedures require all approved changes to baseline to be reflected in the:
A. Performance measurement baseline
B. Change management plan
C. Quality assurance plan
D. Project management plan
D. Project management plan. This is how to approach a formal change control.
You are implementing a project management methodology for your company that requires you to establish a CCB. Which one of the following statements best describes a change control board?
A. Recommended for use on all (large or small) projects
B. Used to review, evaluate, approve, delay, or reject changes to the project
C. Managed by the project manager, who also serves as its secretary
D. Composed of key project team members
B. Used to review, evaluate, approve, delay, or reject changes to the project