Reference no: EM132276278

Answer the following Questions :

QUESTION 1 : A production process has been defined as part of an industrial equipment manufacturing project. The process is intended to produce steel bolts with a length of 20 cm. The control limits are 19.955cm and 20.045cm. The measurements made at the end of the process yielded the following results: 20.033cm, 19.982cm, 19,995cm, 20.006cm, 19.970cm, 19.968cm, 19.963cm, 19.958cm, 19.962cm, 19.979cm, 19.959cm.
What should be done?

The process is under control. It should not be adjusted.

A special cause should be investigated, the process should be adjusted.

The control limits should be adjusted.

The measuring equipment should be recalibrated.

QUESTION 2 : In order to speed up a project, you made a decision to fast-track a phase currently performed with five team members, and another one which was planned to begin in four weeks time with another five team members. Which of the following activities should you do first?

Make sure that all exit criteria of the consecutive phase have been met to ensure the flow of communications in a team situation which is more complex by a factor of 2.

Make sure that all entry criteria of the previous phase have been met by planning and performing a phase gate meeting to assess technical aptness.

Make sure that all exit criteria of the previous phase have been met by planning and performing a phase gate meeting to assess technical performance.

Restructure your team and delegate tasks in order to ensure the flow of communications in a team with the number of communication channels increased by a factor of 4.5.

QUESTION 3 : With your team you are using judgment from subject matter experts to identify and analyze project risks. There is a small number of experts available, but some of them have long been in a teacher-student or manager-assistant relationship.
Which of the following techniques can ensure best that there is no dominating opinion during an expert review?

Peer review

SWOT analysis

Delphi technique

Monetary value calculation

QUESTION 4 : A project management team wants to procure some customized products which are available in identical grade and quality from many vendors. What should be included in the procurement package to ensure that their offers will be comparable?

A statement of work describing the needs of the project in sufficient detail to enable vendors to make suitable proposals

A statement of work specifying attributes and metrics of the requested deliverables in detail to allow vendors submission of bids

The approved project scope statement, the WBS which should be broken down to work package level and the WBS dictionary

The risk management plan and the reports from those risk management reviews which have been made so far

QUESTION 5 : You are performing a project management audit in your company and find that most of the project plans are neither consistent nor up-to-date.Which of the following statements is not true?

Projects should never be executed without a valid, updated and working project management plan.

The consistency of the project management plan is secondary because it is only the results that matter.

A great deal of effort is required to develop and update a project plan, but the benefits include less pressure on all stakeholders and a resulting product that will satisfy the requirements.

Poor planning and insufficient updating of project management plans are common reasons for cost and time overruns.

QUESTION 6 : Activity 1 has a duration of 20 days, activity 2 of 10 days, activity 3 of 5 days and activity 4 of 6 days.

What is the minimum total duration between the milestones A and B?

36 days

37 days

39 days

42 days

QUESTION 7: Which statement describes best why you should document assumptions?

Assumptions might prove to be wrong. Knowing which assumptions were incorrect allows baseline adjustments in case of project crisis.

Assumption analysis is a valuable tool and technique to explore the validity of assumptions during risk identification.

Assumptions limit the project management team's options for decision making because they can not be controlled by the team.

In case of schedule or budget overruns, the documentation of assumptions supports a clear assignment of responsibility.

QUESTION 8 : Which statement on conflicts is true?

Conflict resolution should focus on people, not issues.

Conflict is natural and forces a search for alternatives.

Conflict should always be handled in private and not in the team.

Too much openness is a common cause of conflict.

QUESTION 9 : What does the acronym RACI commonly stand for in project management?

Responsible, Accountable, to be Consulted, to be Informed

Remote, Attached, Connected, Integrated

Risk Analysis and Caution Initiative

Randomly Accessible Cashflow Information

QUESTION 10 : What is true for prototypes?

Prototyping causes significant costs and should be avoided wherever possible.

They are tangible and allow for early feedback on requirements by stakeholders.

Prototypes are mostly developed toward the end of a design or build phase.

Prototypes increase the risk of misunderstandings between developers and users.

QUESTION 11 : Which of the following is true regarding the code of accounts?

It allows one to easily identify the breakdown level of the item in the resource structure.

It describes the coding structure used by the performing organization to report financial information in its general ledger.

It is the collection of unique identifiers generally assigned to WBS items.

It defines ethical behavior in the project and the responsibilities to the customer and the profession.

QUESTION 12 : During a company event, you had the opportunity to talk to a colleague project manager. He told you that in his current project actual costs are 15% under cumulated costs budgeted for today.What do you think?

The information given to you by the colleague is not sufficient to assess project performance.

The project will probably be completed with total costs remaining under budget until the end.

A significant cost increase during the further course of the project will probably bring the costs back to baseline level.

Original cost forecasting and budgeting for the project must have been poor to allow this variance.

QUESTION 13 : An output of the process Estimate activity resources is a document called "activity resource requirements". It identifies the types and quantities of resources...

...while the term resources is limited to equipment and materials.

...required for each activity in a work package.

...while the term resources is limited to human resources.

...to be obtained solely from the performing organization.

QUESTION 14 : Which of the following statements describes best the relationship of quality and grade?

Low grade is always a problem; low quality may be overcome by a good rework and repair process.

Grade is a category or rank given to entities having different functional requirements but the same need for quality.

Both quality and grade can often be improved through intelligent measuring, testing and examining.

Low quality is always a problem as it bears on the ability of an item to meet requirements; low grade may sometimes be acceptable.

QUESTION 15 : Network templates which contain only portions of a network are often referred to as

Sub-networks or fragment networks

Subprojects

Programs

WBS items