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You, as an independent consultant, are working with a project manager of a spacecraft parts manufacturing project to make sure that the team comply with organizational quality policies and procedures. Since parts made in this project must adhere to high precision and accuracy, you are documenting the gaps within the processes and procedures to improve the quality for customer acceptance. Which of the following best represents the project management activity you are doing?
Option 1: Statistical sampling
Option 2: Quality audits
Option 3: Quality control
Option 4: Inspection
Option 5:
A large construction project for a logistics company will require the expenditure of a large amount of capital. The finance group works with the project manager to project set limits when expenses will be incurred in a given project, and determine if there are ways to smooth out or levelize the spending to avoid a single large expenditure one quarter and none the next. This is an example of:
Option 1: Levelized Billing
Option 2: Funding Limit Reconciliation
Option 3: A financial review
Option 4: Rescheduling
Option 5:
You are a project manager who is in charge of a technical documentation project. The project is 30% complete after 2 months and has cost $53,000. The budget for the project is $90,000 and is scheduled to last 6 months. How is the project performing?
Option 1: The project is ahead of schedule and over budget.
Option 2: The project is ahead of schedule and under budget
Option 3: The project is behind schedule and under budget.
Option 4: The project is behind schedule and over budget.
Option 5:
You are a project manager who is in charge of an important project for your company. The project is 40% complete after 3 months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last 8 months. How is the project performing?
Option 1: The project is behind schedule and over budget.
Option 2: The project is ahead of schedule and under budget
Option 3: The project is behind schedule and under budget.
Option 4: The project is ahead of schedule and over budget
Option 5:
A project manager found that unnecessary management time was being spent in a project. In addition, the resources were being used ineffectively and there was decreased efficiency in performing the work. The likely problem is that:
Option 1: The team is likely to be an inexperienced one with the result that the project is running inefficiently.
Option 2: The team is not working in a cohesive manner and requires some team-building activities to help improve efficiencies.
Option 3: Decomposition of the deliverables into smaller more manageable components has been done excessively.
Option 4: The project is a tough one and hence the processes are inefficient.
Option 5:
A project manager needed to shorten a project schedule. He decided to apply crashing, a schedule compression technique. Which of the following activities would not be an example of crashing?
Option 1: Bringing in additional resources
Option 2: Reducing project scope
Option 3: Paying to expedite delivery activities
Option 4: Approving overtime
Option 5:
Mary is a project manager for an infrastructure upgrade project in a Government agency. She has recently realized that a critical scheduled task exceeded the deadline and the stakeholders are on top it. The resource manager has permitted to use three more resources to work and complete the delayed task. Although, the attempt from the resource manager helps her, Mary is concerned about the task because:
Option 1: Allocating more resources may result in rework
Option 2: Allocating more resources may shorten the duration but results in increased risk or cost
Option 3: Resources may need training to complete the task
Option 4: Allocating more resources need stakeholders approval
Option 5:
You are managing a heavy equipment manufacturing project that involves many mechanical, electrical as well as IT staff. Your team prepared a schedule network diagram using duration estimates with dependencies and constraints. Your team also calculated the critical path for the project using late and early values. Today, your project office has indicated about the non-availability of some of the resources you planned for the project. Now, you explore the possibility of modifying the schedule to account for limited resources. What is your best possible step in such a situation?
Option 1: Recalculate critical path using the critical chain method
Option 2: Perform resource leveling to account for limited resources
Option 3: Use crashing or fast tracking to level resources across the project
Option 4: Apply leads and lags to develop a viable schedule
Option 5:
All of the following activities are performed in the close project or phase process EXCEPT
Option 1: Activities that fulfill the exit criteria of the project
Option 2: Documenting the reasons for deliverables which were rejected
Option 3: Activities which are needed to transfer the completed products to operations
Option 4: Documenting the reasons for projects terminated early
Option 5:
A project manager has just started planning his project. If he knows very limited information about his project, he must use the following technique to estimate the duration for each activity:
Option 1: Four-point estimating
Option 2: Three-point estimating
Option 3: Analogous estimating
Option 4: Parametric estimating
Option 5:
You have been managing a research project that is intended to create Genetically Modified fruits using Genetic Engineering techniques. Since many legal issues are involved in this process, you created contingency allowances by using different quantitative analysis methods to account for cost uncertainty. You have just wrappedup a brainstorming session with your team in the execution phase to monitor new risks evolved in the project over past few weeks and to establish new risk response plans. What should you do if you want to allocate more contingency reserves to account for new risks?
Option 1: Perform the reserve analysis to compare the amount of contingency reserves remaining to the amount of risk remaining
Option 2: Perform Monte Carlo analysis to compare the amount of contingency reserves remaining to the amount of risk remaining
Option 3: Perform the variance and trend analysis to compare planned results to the actual results
Option 4: Perform the quantitative risk analysis to determine the outstanding risks
Option 5:
In a small office construction project, the following activities are scheduled in sequence. i) Digging and pouring footings - 5 days ii) Working on the slab and pouring - 3 days iii) Framing the floor - 5 days iv) Wall framing - 4 days v) Roof framing - 6 days vi) Insulation and drywall - 7 days vii) Interior doors and trim - 3 days viii) Hardware and fixtures - 2 days. What is the minimum time to complete the project if all activities are on a critical path except number viii, and activity iii is delayed by 1 day?
Option 1: 32 days
Option 2: 33 days
Option 3: 34 days
Option 4: 35 days
Option 5:
A project manager is using a Risk Diagramming technique that is a graphical representation of situations showing causal influences, time ordering of events and other relationships among variables and outcomes. This would be:
Option 1: A System flow chart
Option 2: An Influence Diagram
Option 3: Pareto chart
Option 4: Risk flow diagram
Option 5:
The Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team, to accomplish the project objectives and create required deliverables. The 'Create WBS' is a process under which Knowledge Area?
Option 1: Project Time Management
Option 2: Project Integration Management.
Option 3: Project Scope Management
Option 4: Project Cost Management
Option 5:
Ron is a project manager handling the andquot; Alternate water-supply project;. During a project performance review, he notices the following: i. Activity A, on the critical path, is delayed by 4 days.ii. Activity B, not on the critical path, is delayed by 9 days.iii. Activity C, on the critical path is delayed by 2 daysiv. Activity D, not on the critical path, is delayed by 5 days.In what sequence should Run prioritize his efforts in addressing these delays?
Option 1: Activity A, Activity B, Activity D, Activity C
Option 2: Activity A, Activity C, Activity B, Activity D
Option 3: Activity B, Activity D, Activity A, Activity C
Option 4: Activity B, Activity A, Activity D, Activity C
Option 5:
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