QUESTION 61
Donna’s project has a budget at completion of $1,987,560 and she is currently 40 percent complete. Her project schedule called for her to be 45 percent complete but there have been some complications in the project. These complications have caused Donna to spend $125,000 more than what the work she has completed is worth. Based on this information what is the cost performance index (CPI) for Donna’s project?
A. 86
B. $920,024
C. .90
D. .86
Correct Answer: D
QUESTION 62
Fill in the blank with an appropriate phrase. The is defined in terms of either the product or the type of customer or industry sector.
Correct Answer: Application area
QUESTION 63
You are the project manager for your organization. Your project is doing fine on time and cost, but management wants to address the project performance for future accomplishment.
Management has asked you to begin reporting and forecasting your project’s health based on a moving average, extrapolation, trend estimation, and growth curve. What type of forecasting method is management asking you to use?
A. Judgmental methods
B. Causal/econometric methods
C. Time series methods
D. Estimate at completion method
Correct Answer: C
QUESTION 64
Kenny is the project manager for the NHQ organization. She is creating the project duration estimates. She has stressed to her project team that they will need to create accurate and reliable project duration estimates without padding their estimates for errors or risks. Kenny is also relying on historical information to help her predict the duration of the project work. Jennifer, one of the project team members, wants to know how Kenny will account for the certain-to-happen errors and delays in the project schedule. What approach should Kenny use in the project?
A. Rewards and recognition for completing the project work without delays
B. Analogous estimating
C. Three-point estimates
D. Management reserve
Correct Answer: D
QUESTION 65
John is the project manager for the ABC project. He is finalizing the budget of the project.
He is concerned about the direct costs involved in the project. Which of the following can be considered a direct cost in the project?
A. Cost of electrical utilities
B. Salaries of management directly involved in the project
C. Subcontract cost
D. Accounting support cost Correct Answer: C QUESTION 66
Which of the following group activity techniques allows a large number of ideas to be sorted into groups for review and analysis?
A. Idea/mind mapping
B. Nominal group technique
C. Delphi technique
D. Affinity diagram
Correct Answer: D
QUESTION 67
Which of the following techniques is used to perform progressive elaboration planning where the work to be accomplished in the near future is planned in detail at a low level of the work breakdown structure?
A. Imminent activity management
B. Predecessor-only diagramming
C. Rolling wave planning
D. Decomposition
Correct Answer: C
QUESTION 68
You’re a project manager and you’ve completed your project schedule. The schedule will take 18 months to complete the project work. Throughout the schedule there are instances that the project work will require the project team members to work more than fifty hours per week. If you must adhere to a maximum of 45 hours of project work per team member, per week, what will likely happen to your project schedule as it stands right now?
A. Nothing, the 45 hours limit is a guideline.
B. The project will take longer to complete.
C. The project will take less time to complete.
D. The project will require more resources.
Correct Answer: B
QUESTION 69
A project team installs 2,500 light fixtures in a new office building, and each light fixture takes one hour to install. The project manager can predict that it will take 2,500 hours to complete the work. However, which of the following statements most accurately describes this parametric estimate assumption?
A. As workers complete the installation, efficiency will increase and durations will decrease.
B. As workers complete the installation, errors and risks will increase the actual completion.
C. As workers complete the installation, effort will diminish and efficiency will decrease.
D. As workers complete the installation, labor will diminish so duration will increase.
Correct Answer: A
QUESTION 70
Andy is the project manager for his project. Andy and his project team are identifying stakeholders who can significantly impact the project, what the level of participation for each identified stakeholder may be, and classifying the stakeholders by common characteristics, concerns, and their perception of the project. Andy and his project team want to define an approach as a result of this information to gain support from the stakeholders for their project. What should Andy and his project team create in this scenario?
A. Stakeholder assessment information
B. Stakeholder register
C. Communications management plan
D. Stakeholder management strategy
Correct Answer: D
QUESTION 71
You are the project manager of the NHQ project. Your project has a budget of $1,258456 and is scheduled to last for three years. Your project is currently forty percent complete though it should be forty-five percent complete. In order to reach this point of the project, you have spent $525,000. Management needs a performance report regarding the NHQ project. Management is concerned that this project will be over budget upon completion. Based on the current performance value what should you report to management regarding the variance at completion?
A. -$21,618
B. -$62,922
C. Zero – you would not know what this will cost until the project is complete.
D. -$54,044
Correct Answer: D
QUESTION 72
You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, the team leader of a project, provides you performance indexes of her project. The cost variance (CV) of her project is -20. What does this figure depict?
A. Spending is right on target.
B. Costs are lower than planned.
C. The project is behind schedule.
D. Costs are higher than planned.
Correct Answer: D
QUESTION 73
You are the project manager of the NHA Project. This project is expected to last one year with quarterly milestones throughout the year. Your project is supposed to be at the third milestone today, but you are likely to be only 60 percent complete. Your project has a BAC of $745,000 and you have spent $440,000 of the budget-to-date. What is your cost variance for this project?
A. 11,667
B. $-111,750
C. There is no variance.
D. $7,000
Correct Answer: D
QUESTION 74
You work as a Project Manager for Tech Perfect Inc. Several projects are running under your supervision. Martha, a team leader of a project, informs you about the performance indexes of her project. The schedule performance index (SPI) of her project is 0.835. What does this figure indicate?
A. The schedule performance is right on target.
B. The schedule performance is better than expected.
C. The cost performance is better than expected.
D. The schedule performance is below expectation.
Correct Answer: D
QUESTION 75
Sam works as a project manager for BlueWell Inc. Which of the following processes will he use for selecting a scheduling method, scheduling tool, incorporating project specific data within that scheduling tool to develop a project specific schedule model, and generating project schedule?
A. Constructability Analysis process
B. Schedule Maintenance process
C. Schedule Development process
D. Perform Integrated Change Control process
Correct Answer: C
QUESTION 76
Which of the following processes involves the periodic collection and analysis of baseline versus actual data to understand and communicate the project progress and performance as well as to forecast the project results?
A. Identify stakeholders
B. Performance reporting
C. Plan communications
D. Stakeholder analysis
Correct Answer: B
QUESTION 77
The figure given below demonstrates the communications model for a project. What role does component C play in the communication model?
A. Encoder
B. Transporter
C. Sender
D. Medium
Correct Answer: A
QUESTION 78
Mark is the project manager of the NHQ Project. Mark wants to create a salience model as part of his communications planning and scheduling. What does a salience model do for a project?
A. Describes classes of stakeholders based on their power, urgency, and legitimacy.
B. Classifies stakeholders based on their influence and impact.
C. Describes classes of stakeholders based on their power and influence.
D. Groups stakeholders based on their power and interest.
Correct Answer: A
QUESTION 79
You are the project manager for the GHY Project. This project has stakeholders, both internal and external, that need to receive performance reports from you on a regular basis. You have decided that in addition to emailing the weekly performance report, you will also keep the performance reports available on your secured project management Website. The Website is an example of what type of communication reporting?
A. Pull
B. Push
C. Passive
D. Asynchronous
Correct Answer: A
QUESTION 80
You work as a project manager for BlueWell Inc. You and your project team is undergoing the decision making process for the project. You want to involve key participants to gain acceptance and commitment to make the solution work. Which of the following phases of the decision- making model defines this process of work?
A. Ideas to action
B. Problem definition
C. Problem solution generation
D. Solution action planning
Correct Answer: D
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