QUESTION 161
You work as a Project Manager for Media Perfect Inc. Several projects are running under your supervision. Rick, team leader of a project, provides you performance indexes of his project. The schedule variance (SV) of his project is 25. What does this figure depict?
A. Project is behind the schedule.
B. Costs are higher than planned.
C. Project is right on target.
D. Project is ahead of the schedule.
Correct Answer: D
QUESTION 162
You are the project manager for the NQQ Project for your organization. You and the project team are creating the activity list for the NQQ Project. You have instructed the project team members that they should include an activity identifier and a scope of work description for each activity in the activity list. Why is this information needed?
A. To track the work to the project requirements
B. To maintain profit and loss statements for the project
C. To help the project team understand what work is required to be completed
D. To communicate the work to be completed to the project stakeholders
Correct Answer: C
QUESTION 163
Harry is the project manager of a large network installation project. This project requires Harry to add network cable to each office and cubicle of a 14-story office building. Harry will receive a bonus for good time and cost performance in this project. What law of economics would prevent Harry from exponentially adding labor to the project work in an effort to complete the work in a very small amount of time?
A. Parkinson’s Law
B. Law of Diminishing Returns
C. Law of Economics
D. Moore’s Law
Correct Answer: B
QUESTION 164
You are the project manager for your organization. You are coaching Allen, a junior project manager, on how the details of the project’s critical path are calculated. Examine the figure given below:
What is the critical path of this project?
A. ABEHJ
B. ACFGJ
C. ADGJ
D. ACFIJ
Correct Answer: B
QUESTION 165
You work as a stakeholder for ABC Inc. You are on an important feature of a project that appears too difficult to execute. Issues like acceptable type of bugs and number of bugs for user acceptance seem to have affected the project. What is the rate of risk factor in such a situation?
A. Risk factors are rated high.
B. Risk factors are rated low.
C. Risk factors are rated medium-high.
D. Risk factors are rated medium.
Correct Answer: A
QUESTION 166
Jenny works as a Project Manager for Blue Well Inc. She is measuring the schedule efficiency of her project. The key values are provided in the table below: MeasurementsValues BCWP (or EV) 425 BCWS (or PV) 400 ACWP (or AC) 510 What is the schedule performance index (SPI) of the project at the current point of time?
A. 1.082
B. 0.88
C. 1.0625
D. 0.96
Correct Answer: C
QUESTION 167
Fred is the project manager of a hotel restoration project. The hotel has 456 rooms. All rooms need to be primed and painted. Before each room can be painted, the primer must cure for twenty-four hours. Fred has arranged these tasks with a finish to start relationship between the priming and the painting. What else should Fred do to account for the twenty-four hours of cure time?
A. Fred should add twenty-four hours of lead time to each of the 456 rooms painting activity to account for the primer’s curing time.
B. Fred should add twenty-four hours of lag time to each of the 456 rooms painting activity to account for the primer’s curing time.
C. Fred should add an intermediary task with a duration of twenty-four hours.
D. Fred should schedule all 456 hotels rooms to be primed first and then schedule all 456 rooms to be painted to ensure time for the curing.
Correct Answer: B
QUESTION 168
You work as a project manager for Honeywell Inc. You have been distributing performance information, including status reports, progress measurement, and forecasts to various stakeholders. A trainee of this company wants to know what are the inputs for generating performance reports.
Which of the following are the necessary inputs? Each correct answer represents a part of the solution. Choose two.
A. Variance analysis
B. WPM
C. WPI
D. Change request
Correct Answer: BC
QUESTION 169
Your project is installing 8,000 light fixtures in a new building. Each of the light fixtures is to be installed exactly the same way but you have discovered that some of the fixtures are installed incorrectly. You and the project team meet and agree to fix the fixtures and to install all future fixtures the same way. This is an example of what executing activity?
A. Risk response
B. Team development
C. Risk mitigation
D. Corrective action
Correct Answer: D
QUESTION 170
You are the project manager of the GHY project. Your project has a BAC of $675,000 and is forty percent complete though you were supposed to be forty-five percent complete. Due to some errors early in the project, you had to spend $278,000 of your project’s budget to reach this point. Management is asking for a variance report. What part of your project has the largest variance?
A. Cost, with a variance of -$8,000
B. Schedule, with a variance of -$33,750
C. Cost, with a variance of $278,000
D. Schedule, with a variance of $20,000
Correct Answer: B
QUESTION 171
You work as a project manager for BlueWell Inc. Some of the activities in your project are not being completed on time. You reviewed these activities with your project team and discovered that the time estimates for the project are much more aggressive than what they are actually experiencing in the completion of the activities. You elect to create a new schedule for the project. What project Management process are you working with when you create a new target schedule?
A. Develop schedule
B. Estimate activity durations
C. Control schedule
D. Estimate activity resources
Correct Answer: C
QUESTION 172
Mark works as a project manager for BlueWell Inc. He is making relevant information available to the project stakeholders as required. According to Mark, which of the following are NOT the tools and techniques of the Distribute Information process?
A. Communication requirements analysis
B. Information distribution tool
C. Communication method
D. Communication technology
Correct Answer: A
QUESTION 173
Adrian is the project manager for her project. This new project needs to identify all the stakeholders that will be affected by the project’s outcome. How stakeholders are usually identified?
A. Stakeholders are usually identified through a stakeholder register.
B. Stakeholders are identified by the project team, project sponsor, and management.
C. Stakeholders are identified through the project customers.
D. Stakeholders are usually identified by interviewing identified stakeholders and expanding the list until all potential stakeholders are included.
Correct Answer: D
QUESTION 174
You are the project manager of the NHQ Project. Management has told you that resource leveling will be enforced on your project, but they still want you to complete the project by July 2. With the current resources you have and the resource leveling imposed, you would not be able to finish by the constraint. What document should you update to address this situation?
A. Project activity resource requirements
B. Project schedule management plan
C. Project scope
D. Project charter
Correct Answer: B
QUESTION 175
You are creating a status report to show how your project is progressing. Management is interested in several key activities and their status. You need to report work performance information to management. All of the following are example of work performance information you should include in your report except for which one?
A. How the project is performing on its schedule.
B. Performance of the selected project vendors
C. Which activities have been started and which activities have been finished.
D. Percent of completion for the in-progress activities
Correct Answer: B
QUESTION 176
Which of the following are the outputs to the Determine Budget process? Each correct answer represents a complete solution. Choose all that apply.
A. Project document updates
B. Scope baseline
C. Cost performance baseline
D. Project funding requirements
Correct Answer: ACD
QUESTION 177
What forecasting method would your project use if your project customer requires an autoregressive moving average for performance forecasting?
A. Judgmental methods
B. Time series method
C. Ensemble forecasting
D. Causal/econometric method
Correct Answer: B
QUESTION 178
You are the project manager of the GUH project. You are using the critical chain scheduling method as your approach to project scheduling. What two items can you compare in the critical chain method to determine if corrective action is appropriate?
A. Amount of buffer remaining to the amount of resources available
B. Amount of buffer remaining to the amount of buffer used
C. Availability of project resources and project buffer
D. Amount of buffer needed to the amount of buffer remaining
Correct Answer: B
QUESTION 179
Fill in the blank with an appropriate phrase. The contains the schedule components and the rules for relating and using the components to represent the process for completing a project.
Correct Answer: Scheduling tool
QUESTION 180
Cathy is the project manager of the NNQ Project. She currently has completed 45 percent of the project but was scheduled to have 65 percent of the project completed. This project has a budget of $344,000 and was scheduled to last four months. Cathy has spent $198,998 to date on the project. Based on this information, what is the estimate at completion for the NNQ Project?
A. -$98,217.78
B. -$44,198
C. $441,025.64
D. $243,219.78
Correct Answer: C
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