QUESTION 81
Billy is the project manager of the PQW Project and she has an assigned project budget of $655,000. Currently she is 80 percent complete with the project though she was scheduled to be 100 percent done by this date. She has spent $490,000 to date and other than the project schedule, which was delayed because of a vendor, the project is going well. What should Billy report as her schedule performance index for this project?

A. 1.23
B. 100 percent because the vendor caused her lateness
C. .80
D. $524,000

Correct Answer: C

QUESTION 82
Which of the following techniques is used in businesses to determine the effect different costs or investments have on profit and other financial indicators?

A. Schedule analysis
B. Resource leveling
C. What-if scenario analysis
D. Root cause analysis

Correct Answer: C

QUESTION 83
Allen is the project manager for his organization. He is reviewing the resource requirements for his organization. He has discovered that his project needs Henry, the application developer, for two months, but Henry has a conflict and is already scheduled with another project manager in the organization. This is an example of which of the following?

A. Resource competition
B. Matrix organization
C. Resource requirement
D. Resource constraint

Correct Answer: D

QUESTION 84
Della works as a Project Manager for BlueWell Inc. A number of projects are running under her guidance. You, being a team leader of a project, provide Della the performance indexes of your project. The schedule variance (SV) of your project is zero. What does this figure depict?

A. Project is right on target.
B. Project is ahead of the schedule.
C. Project is behind the schedule.
D. Costs are higher than planned.

Correct Answer: A

QUESTION 85
You are the project manager of the NQQ project. You are working with your project team to create the activity duration estimates for the project. For each reported activity duration, your project team offers you an addition of five percent extra time for risks, errors, or aggressive estimating. What does Parkinson’s Law state about this scenario?

A. Work expands to fulfill the amount of time allotted to it.
B. Risks will be allowed into activities in which management creates risk provisions.
C. Laborers will create errors when time has been allotted for errors to exist.
D. Errors will be allowed into assignments when management creates error opportunity.

Correct Answer: A

QUESTION 86
You work as a project manager for BlueWell Inc. You are going through a project with your project team. Some of your project team members are reporting that their activities are running late because there are lag times between activities that do not need to be there. You examine the schedule and see that the lag times have been incorporated into the project schedule for quality control reviews. You also learn that the quality control reviews are not being completed as planned. What is the best approach in this scenario?

A. Since the quality control inspections are not being completed, remove the lag time from the project.
B. Take corrective action and determine when the quality control inspection has happened so far in the project, perform quality control on the deliverables where the inspection was skipped, and ensure that quality control will happen from this point forward.
C. Since the quality control inspections are not being completed, take corrective action and ensure that the inspections continue from this point forward.
D. Discuss with the project team that the lag times should not affect the project schedule because they were built into the project schedule to begin with. Even if the quality control inspections were happening the time was allotted in the schedule for the inspections.

Correct Answer: B

QUESTION 87
You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are upposed to be at your second milestone, which accounts for half of the project completion. There have been some errors in the project, which has caused you to spend $2,073,654. Based on the estimate at completion, what is this project’s to-complete performance index?

A. -$108,120
B. 1.02
C. $4,608,120
D. 0.98

Correct Answer: B

QUESTION 88
Gary is the project manager for his organization. The projects that Gary manages for project customers are often very similar in nature so Gary uses a schedule network template to help plan the project work. For Gary’s current project, he has used a network template that includes just a portion of the project work adapted to the current project. When Gary uses a portion of a network template diagram this is called what term?

A. Analogous
B. Hanger
C. Fragment network
D. Parametric

Correct Answer: C

QUESTION 89
You are the project manager for your organization. You are working with your virtual team to create activity duration estimates for your current project. This virtual team is comprised of team members from around the world. Much of this process will be completed by geographical locations though some conferences will require all the team members to participate and to coordinate the activities that will interact between the different sites. The project manager must consider all of the following when creating the activity duration estimates except for which one?

A. Project calendar
B. Critical path
C. Resource calendar
D. Time zone differences

Correct Answer: B

QUESTION 90
You are the project manager for your organization. You are discussing an upcoming project with management and they would like you to begin decomposing the project work packages into activities as soon as possible. You have explained to the management that you would like to involve your reject team before the decomposition of the work packages begins. Why would you want your project team to involve in this activity?

A. To understand the exact type of work the project team will be completing
B. To help the activity go faster
C. To get better and more accurate results through the decomposition
D. To create assignments for the project team as the activities are discussed

Correct Answer: C

QUESTION 91
Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project’s performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?

A. Judgmental methods
B. Time series methods
C. Causal/econometric methods
D. Earned value management method

Correct Answer: A

QUESTION 92
You work as the project manager for Blue Well Inc. You are working with your project team to schedule the days the project work will take place. You have created a project network diagram as shown in the figure: Based on this diagram, find out the earliest day on which Activity G can be started.

A. Day 13
B. Day 7
C. Day 22
D. Day 17

Correct Answer: D

QUESTION 93
What schedule analysis simulation tool allows you, the project manager, to review possible combinations of events such as optimistic, most likely and pessimistic outcomes for your project?

A. PERT
B. Monte Carlo
C. PMIS
D. GERT

Correct Answer: B

QUESTION 94
You are the project manager for your organization. Your project will be utilizing a piece of equipment during its process of completion. There is some concern that your project’s use of the equipment may conflict with another project. What document will help you determine when and how long you will use the shared equipment?

A. Project schedule

B. Project scope
C. Project calendar
D. Resource calendar

Correct Answer: D

QUESTION 95
Virginia is the project manager for her company. She has used a previous project as a basis for her current project because they are similar in nature. Virginia has adapted nearly all of the previous project plans for her current project – including the project schedule, risk register, and communications management plan. She has worked with management to update the plans to adapt them to the current project. What are the previous project management plans called in this instance?

A. Expert judgment
B. Analogous estimate
C. Templates
D. Parametric estimate

Correct Answer: C

QUESTION 96
In which of the following process groups does Integration Change Control Process fall?

A. Execution
B. Initiating
C. Planning
D. Monitoring and Controlling

Correct Answer: D

QUESTION 97
You are the project manager of the NHL Project for your organization. You are working with your project team to create the schedule baseline for this project. According to you, which of the following statements describes how the schedule baseline is created?

A. It is derived from the constraints of the project.
B. It is assigned to the project by management.
C. It is created by the stakeholders.
D. It is developed from the schedule network analysis.

Correct Answer: D

QUESTION 98
Joe is the project manager of the HJN Project. Joe’s project is a renovation of an office building. There must be 30 hours between the painting activity and the carpet activity in the project schedule to eliminate the risk of wet paint getting on the carpet. What is the best approach Joe can do to alleviate this issue?

A. Add lead time to the painting activity.
B. Change the relationship of the carpet activity and the painting activity to finish-to-finish.
C. Create a dummy activity between the painting activity and the carpet activity for the duration of the drying process.
D. Add lag time to the carpet activity.

Correct Answer: D

QUESTION 99
You have created the project network diagram for your project. Management is reviewing the network diagram and they are curious as to why you have included levels of effort activities as start-to-start and finish-to-finish successor activities for work that uses particular manufacturing equipment. You explained that the levels of effort activities are maintained for the equipment. This relationship and scheduling scenario is also known as what term?

A. Project management overhead
B. Hammock activity
C. Subproject
D. Finish-to-Start

Correct Answer: B

QUESTION 100
Ned is the project manager for his organization. Ned is using a standard tool to capture, store, and distribute information to the stakeholders about the project costs, schedule, and performance. What term is assigned to this communication tool?

A. Project management information system
B. Table reporting
C. Reporting system
D. Communications management system

Correct Answer: A