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Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of:
You are the project manager of the MKTG Project. The project has a budget of $200,000 and is expected to last 2 years. The project is now 20 percent complete and is on schedule. What is the BAC?
A major assumption of all network scheduling methods is that the activity duration must be _____.
Which type of network diagram is also referred to Activity-on-Node (AON) diagrams?
Identification of Mandatory Dependencies is done during which of the following process:
You are project manager of a project and as part of the team acquisition process; you hire a new employee and assigns him to your project team. According to Maslow's hierarchy of needs, what needs level he most likely is at?
You are managing a project that will implement a new MARKETING software package. You have assigned the resources and want to keep the IT manager in the loop by informing him or her of your decisions. Which type of organizational structure are you working in?
The Ishikawa diagram, Pareto chart, control charts, and statistical sampling are examples of ________.
In which of the team development stages are the teams interdependent and work through issues smoothly and effectively?
You are managing a project that will implement a new Insurance software package. Two project team members have difficulty working together. They come to you, for help resolving the issues. You immediately set up a meeting that includes the functional manager. After the meeting you and the functional manager discuss the issues and agree on a solution. What type of organizational structure you are working in?
You are the project manager for the software Project. This project must be completed within one year. This is an example of which of the following?
In which type of organization does a project manager have a moderate-to-high resource availability?
Which knowledge area is concerned with the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information?
Which of the following provides a standardized, effective, and efficient way to centrally manage approved changes and baselines within a project?
Reviewing, tracking, and regulating the process to meet performance objectives defined in the project management plan are part of which process?
Which of the following processes is necessary to ensure that the project employs all processes needed to meet its requirements?
The use of group creativity techniques as a tool and technique is done in which of the following processes?
Company A is delivering a product in three parts. The contract allows for the parts to be delivered either one after the other or at the same time.
Which type of project phasing will allow for the most flexibility in delivering the full product when product requirements are subject to rapid change?
What is the status of the project whose data is shown in the following S-curve?
Project scope statement and resource calendars are inputs to what Project Time Management process?
A project manager needs the project team to make a group decision. Which of the following is a method that can be used to reach a group decision?
Which tool and technique identifies inefficient and ineffective policies, processes and procedures?
Rolling wave planning is used as a tool and a technique in which of the following processes?
When using the Delphi technique for gathering information, what forecasting method is being used?
Many organizations categorize requirements into which of the following two categories?
You are project manager of a project and you are offering an estimate that you know will be changed after the contract is signed is ___________.
Which of the following activity is not performed as part of the direct and manage project execution process?
You are the project manager of a project .You have just completed the Define Activities, activity resources estimating, and Estimate Activity Durations processes. Which process have you left out?
Which is the most important element of a Project Management Plan that is useful in the Develop Human Resource Plan process:
You are the project manager of a project .You have just completed the Collect Requirements and Define Scope. What should you do next?
Make-or-buy decisions measure the costs of both options. What are the two options?
Who is responsibility for making sure that a message in the project team is understood
Which time estimating tools estimate the basis for activity durations can be quantitatively determined by multiplying the quantity of work to be performed by the productivity rate?
You are the project manager of a project and budgeted money to provide cash awards to team members that exceed expectations. A project team member that is motivated by the chance to earn cash reward can most accurately be explained by which theory
During the planning phase of your project, your project team members have discovered another way to complete a portion of the project scope. This method is safer for the project team, but may cost more for the customer. This is an example of _______.
Assumptions are factors that, for planning purposes, are considered to be ______.
Collect Requirements process starts in Project Planning Phase and uses the outputs of the __________.
At what point in a project do you have the highest probability that it will fail?
You are creating your WBS and keep decomposing tasks into smaller units. How can you tell when you are done?
Which of the following tools and techniques are commonly used in a Define Scope Process?
Which of the following technique to identify the underlying cause of a problem and take steps to prevent further occurrence?
Which of the following provides a comprehensive and consistent method of controlling the project and ensuring its success?
Which schedule compression technique has phases or activities done in parallel that would normally have been done sequentially?
What is the term assigned to products or services having the same functional use but different technical characteristics?
In which of the following organizational structures does the project manager have full authority on a project?
Which of the following schedule network analysis techniques is applied when a critical path method calculation has been completed and resources availability is critical?
Which of the following risk management processes uses brainstorming as a technique?
The approval of which of the following indicates formal initiation of the project?
Your project has an EV of 100 work-days, an AC of 120 work-days, and a PV of 80 work-days. What should be your concern?
In a control chart, the consecutive measurements are 11, 13, 09, 07, 08, 09, 09, 09, 08, and 12. For the entire process, the goal is 10 and the standard deviation is 1.
For this data set, it is correct to say that the process:
The decision to approve or reject a particular change request is made in which of the following processes?
You are assigned to implement the project control plan. What should you do to ensure the plan is effective and current?
Which of the following strategies is used to deal with risks that may have a negative impact on project objectives?
Which of the following plans is not done during the writing of a project plan?
With triangular distribution, the low, likely and high values are 20, 30 and 40, respectively. The mean is _____.
Your project team is composed of team members in three countries plus a contractor team in a fourth country. What tool would optimize communication?
Customer formally accepts the deliverables of each project phase. This process is known as ________.
Who applies project selection methods to decide whether to accept or reject a project?
Which document is best suited for tracking the assignment of all resources to specific tasks in a project?
_________ is always the lowest risk for the buyer if the scope of work is not well defined.
You have been with the organization; you constantly hear rumours about a certain CAPM failing to live up to the CAPM Code. What you should do?
Which of the following must be taken into account for every process, even if they are not explicitly listed as inputs in the process specifications?
ABC project is at risk for failing to achieve a major project objective due to unresolved stakeholder issues. Team member morale is low.
Who is primarily responsible for the project being at risk?
What cost control technique is used to compare actual project performance to planned or expected performance?
You are the project manager of a project. Project is installing AC to hotel rooms. You have done project cost and time estimates, told the customer that the estimates provided will be accurate if the rooms meet the requirements like (wooden coated). This is an example of which of the following?
In which type of organization, a project manager is in complete control of the project?
Which process must occur after a project manager has been assigned to the project?
Which of the following is ensuring that all features and functions are included in a product or service
Which of the following is not a part of the project cost baseline but is included in the project budget?
Which of the following relationship is used in the Arrow Diagramming Method [ADM] :
Project risk is defined as the cumulative effect of chances of ________ which will adversely affect project objectives.
If you are project manager for a Project and will need as many inputs to the initiation phase as possible. Of the following, which is the best source of information for your project?
The activity that is most concerned with the current status of the project schedule is called ___________.
How many communication channels will be required in a project in which 10 individual are participating?
You are project manager of a project. During the process of selecting the sellers, you reject one vendor because it doesn't have the manufacturing capability. This is an example of which selection tool?
You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?
TESTED 04 Apr 2025