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A project manager is confused about the perspective of the buyer-seller relationship in the context of project procurement management. How would your clarify this?
Option 1: The buyer-seller relationship exists only between organizations external to the acquiring organization.
Option 2: The buyer-seller relationship is only between organizations internal and external to the acquiring organization.
Option 3: The buyer-seller relationship is applicable only when a performing organization is involved.
Option 4: The buyer-seller relationship can exist at many levels on one project, and between organizations internal to and external to the acquiring organization.
Option 5:
You are the project manager of a business that sells software contracting services to Banks. Recently, Fourth National bank has requested you to submit a proposal for their mortgage project that has been published for the bid. They have also requested you to register the name of your business on the list of qualified sellers. Which of the following statement about qualified sellers list is true?
Option 1: Qualified sellers list is the list generated from procurement negotiations and represents an output of the conduct procurements process
Option 2: Qualified sellers list gives the listing of vendors who have been selected to perform the work with the organization and represents an input to the plan procurements process
Option 3: Qualified sellers list gives the listing of vendors who have been pre-selected for their past experience with the organization and represents an input to the conduct procurements process
Option 4: Qualified sellers list is the list generated out of bidder conferences and represents an output of the conduct procurements process
Option 5:
Marvin has been working for a retail company as a project manager. With his positive thinking and good managerial skills he turned many potentially disastrous projects into successes. Because of his expertise, the company high level executives offered him a group project manager position for a newly started environmental project. However, Marvin learned that in his newly assigned project he may have to offer bribes to get the Government licenses. What should Marvin do in such a situation?
Option 1: Reject the offer because project managers should not engage in an unethical conduct
Option 2: Accept the offer because project managers must obey their higherups
Option 3: Accept the position and offer bribes because project managers must complete projects on time and within budget
Option 4: Investigate to find out if it is customary to offer bribes in that part of the country
Option 5:
Experienced project managers always tell that accuracy and precision are not the same. Precise measurements may not be accurate and accurate measurements may not be precise. Which of the following statements about the precision and accuracy are CORRECT?
Option 1: Accuracy means the degree to which a set of inherent characteristics fulfill requirements and Precision means a category assigned to products or services having the same functional use but different technical characteristics
Option 2: Accuracy means the values of repeated measurements are clustered and Precision means the measured value is close to the actual value
Option 3: Precision means the degree to which a set of inherent characteristics fulfill requirements and Accuracy means a category assigned to products or services having the same functional use but different technical characteristics
Option 4: Precision means the values of repeated measurements are clustered and Accuracy means the measured value is close to the actual value
Option 5:
In a textile manufacturing project, a team divided the whole project work into 35 work packages and assigned a few work packages to the design department for review. After reviewing, the manager of the design department has recently requested the team to further divide the work packages into more manageable work components for estimating and scheduling the resources. In this scenario, which of the following techniques should the team use to complete the manager's request?
Option 1: The rolling wave planning
Option 2: The parametric estimating
Option 3: The precedence diagramming method
Option 4: The bottom-up estimating
Option 5:
To communicate with stakeholders on the resolved issues and the issues that are hard to resolve, you use an issue log in your project. Since you assign an owner for every issue and resolve it by proactively working on it, your stakeholders actively support all your efforts in managing the project. This method of actively resolving issues and reducing risks to the project is known as:
Option 1: Planning risk management
Option 2: Issue management
Option 3: Scope verification and Control
Option 4: Managing stakeholders expectations
Option 5:
You have been managing a Federal highway construction project which is intended to improve the transportation between north and south regions of a country. Being in the execution phase, the change control board has approved many change requests generated from stakeholders including the highway transportation agency. At least half of those requests were made to bring the quality of the micro texture of the road aligned with the quality levels incorporated in the project management plan. What is the next course of action from you in managing such requests?
Option 1: Initiate a defect repair to repair the road or completely pave a new road
Option 2: Initiate a corrective action to bring the future quality of the road in line with the project management plan
Option 3: Initiate a change request to bring the road quality in line with the project management plan
Option 4: Initiate a preventive action to reduce the probability of negative consequences associated with the poor quality of the road
Option 5:
Joe vigil has been managing a project for Exton Oil Corporation. This project involves redesigning gas pumping stations across the state. The redesigning involves new gas pumps, security cameras, convenience stores, and the use of environmentally friendly materials in the construction. While the redesigning work is underway, Joe's design engineer suggests a secondary alarm system for gas pumps to alert the attendant incase of a spillage. Although this suggestion is not in project requirements, Joe is impressed with the engineer's recommendation. What should be the next step for Joe in regards to the engineer's suggestion?
Option 1: Initiate the formal change control process to find the impact of his recommendation
Option 2: Approve his recommendation and allocate resources and funds
Option 3: Create an issue log to document the engineer's suggestion for future use
Option 4: Reject his recommendation as it requires additional funding
Option 5:
You have been assigned as the project manager for a software development project and in the process of communicating with stakeholders to address their issues and influence their expectations. Which of the following documents help you and your team to carry out this effort?
Option 1: The Issue log, Project charter, and Configuration management system
Option 2: The Issue log, Change log, and Project management plan
Option 3: The Project risk register, Work performance information, and Accepted deliverables
Option 4: None of the above
Option 5:
Changes in the projects are inevitable. So, project managers must develop or use a system to manage centrally and control those changes. There are four types of changes that need to be controlled in a project. Project changes, deliverable changes, process changes, and baseline changes. The impact of each of these changes must be evaluated and approved and rejected changes must be communicated to all stakeholders as and when required. Which of the following helps to control the above mentioned changes?
Option 1: Configuration control and Control chart
Option 2: Configuration control and Change control
Option 3: Control chart and Cost control
Option 4: Change control and Control chart
Option 5:
A process in a mobile phone manufacturing project has an upper control limit of 0.12. What is the standard deviation of the process if the upper control limit is set at 3 Sigma?
Option 1: 0.5
Option 2: 0.4
Option 3: 0.12
Option 4: 0.36
Option 5:
Chris works as a project manager for UNISTEEL, a steel melting shop. He was assigned by his Executive Project Manager to study and prepare a report on the defects that eroded the blast furnace lining which has caused a drastic decline in production. Since this report will be used by the management to control the process and material quality, Chris performed a careful study and uncovered two factors related to refractories that caused majority of the lining problems. Which of the following statements BEST illustrate the technique Chris must have used in this scenario?
Option 1: A Pareto chart indicates that 80 percent of the problems are due to 20 percent of the causes
Option 2: A cause and effect diagram indicates how various causes show the history and variation of defects
Option 3: A Pareto chart identifies the possible relationship between changes observed in two independent variables
Option 4: A cause and effect diagram indicates how various factors or causes can be linked to potential problems
Option 5:
Cindy has been working in a manufacturing project as a project manager. This project is designed to produce high quality semiconductors to use in computers. Since semiconductors are produced from silicon wafers, she contracted a company to provide silicon wafers to the project on an ongoing basis. Due to unknown reasons from the contractor, low quality wafers have been transferred to the project compromising the electrical performance of semiconductors. Overwhelmed by the complaints from the computer division, Cindy is obligated to correct the manufacturing defects to avoid future liabilities. In this scenario, the costs incurred by Cindy is known as:
Option 1: External failure costs or Cost of nonconformance
Option 2: Appraisal costs or Cost of nonconformance
Option 3: Prevention costs or Cost of conformance
Option 4: Internal failure costs or Cost of conformance
Option 5:
It was found that there were a large number of hidden requirements to be uncovered in the Collect Requirements phase. Which of the following tools should a project manager use to identify them?
Option 1: Participant observer
Option 2: Survey
Option 3: Prototypes
Option 4: Affinity diagram
Option 5:
Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect?
Option 1: Positive stakeholders benefit from the outcome of a project
Option 2: A project manager needs to focus on the positive stakeholders since their needs are best served by the project
Option 3: Overlooking negative stakeholders can result in an increased likelihood of failure
Option 4: Stakeholders can have conflicting or differing objectives
Option 5:
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