Practice Test A project management

What does SWOT stand for?

Strengths, weaknesses, opportunities, and threats

Which document describes the goods or services an organization is interested in procuring from outside the organization?

SOW

A ___________ can be a simple spreadsheet that has the ID number, date, name, and description of the change.

change request log

Which tool would be used to display observed data in a time sequence?

Run chart

What is the indication of how fast a project is spending through its budgeted money?

Burn rate

What kind of tool would automate the creation of critical path, float, WBS, and activity sequence

What kind of tool would automate the creation of critical path, float, WBS, and activity sequence?

Project scheduling software

What is a software application that manages back-office activities such as accounting, human resources, supply chain, operations, and procurement called?

Enterprise resource planning (ERP)

During a regular check-in meeting with stakeholders, the project manager presents information on all task areas. Each task area has a column for time, cost, resources, risks, issues, and changes, and each item shows a red, yellow, or green indication representing the condition of each task in each area. What project-centric document is being presented?

Project dashboard

Which of the following tools is used for entering data to generate a Gantt chart, WBS, or activity sequence automatically?

Project scheduling software

What are the two defining characteristics of a project?

Has a specific end date

An organized effort to fulfill a purpose

The process of assigning numerical probabilities to each risk and the impacts on project objectives is known as which one of the following

Quantitative risk analysis

The project charter is prepared and agreed to in which project life cycle phase?

Initiation

The work breakdown structure is created during which project life cycle phase

Juliette manages and provides guidance to project managers, ensures there is a reliable approach to managing projects, and that there is a governance process in place for managing projects and setting priorities, and maintains standards, processes, procedures, and templates. What is Juliette’s role?

PMO manager

What are milestones?

Major events in a project used to measure progress

Your friend has hinted that she would like a special gift for her birthday. The following steps are needed for the gift exchange: What is the correct sequence for the project Happy Birthday?

Choose a gift; make a purchase; wrap the present; fill out the card; put a card on the gift; give her the present; enjoyment of her gift.

Which of the following data sources are considered SPII?

Each correct answer represents a complete solution. Choose two.

Driver’s license number

Social Security number (SSN)

The characteristics of the lower-level WBS include all of the following, except for which one?

WBS components should always happen concurrently with determining major deliverables.

A company is considering opening a store in a new country in which it has never done business before. This new country has laws called the consumer bill of rights that outline a company's responsibility to collect private data as well as a consumer's ability to see and/or restrict the collection of this data. Which ESG factor would influence this project's activities?

Awareness of appliable regulations and standardss

What are the two forms of acceptance when considering risk response strategies?

Active

Passive

Which project role promotes the need and urgency of a project, as well as advertising the project's success?

Project sponsor or champion

Requirements are known as which of the following when using a Scrum methodology, and who is responsible for writing them and prioritizing them?

Each correct answer represents a part of the solution. Choose two.

The product owner writes them

Requirements are known as user stories

When the schedule slips on a project because the work is taking longer than planned, what type of common project change does this represent?

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Timeline change

A construction company is in the middle of a project to build a bridge. The earned value for the project is $9,500, and the actual cost for the project is $7,000. Select the correct cost variance for the project and its meaning:

$2,500 and the project is under budget

Which office productivity tool would be best to record spending so far on a project so that the project team can keep track of where money has been spent and how much budget is remaining?

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Spreadsheet

In the development of a project schedule, setting governance gates are important. Which of the following is not an example of governance gates?

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Daily stand-up meeting

In which project life cycle phase would the brainstorming, evaluation, and impact of risk be assessed?

Planning

In a multitiered architecture, which tier is where information is stored, sorted, and indexed?

Data

A team is being assembled for a financial company that looks for the highest standards of ethical behavior. The project manager is excited by a candidate's skills, attitude, and experience, but a background check reveals the candidate misrepresented their education and work experience. Which ESG factor likely influenced the decision to move away from this candidate?

Awareness of company vision, mission statements, and values

The project team is required to attend a daily stand-up meeting to discuss the project activities and roadblocks. Which document lets the project team know that they need to attend this meeting?

Communication plan

Which knowledge management tool would be used for a team to communicate instantly, share information on task ownership and status, and see events for an entire work group?

Collaboration tools

Brandon is the CEO of Big Widgets, Inc. and has approached you with a new project idea. He wants to create a completely new and revolutionary style of the widget—the likes of which have never been attempted before. Considering you must provide some high-level cost estimates for the project charter, how do you go about providing the required information?

Each correct answer represents a complete solution. Choose two.

You talk to vendors about endeavors that may be somewhat similar to get some sense of project costs

You look at previous projects and find similarities you can use for high-level estimating

Total expenditures for completed project work within a specific timeframe is known as which one of the following?

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Actual cost

What type of communication method would make sense for routine status meetings on a project where the team is spread out to different cities on the same continent?

Virtual meetings

Which of the following methodologies tries to eliminate wastes, such as motion, waiting, transportation, storage, defects, processing, and overproductions?

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Kaizen

In what project life cycle phase is the influence of stakeholders the least effective?

.

Execution

Cheryl is a technical lead on a project that is wrapping up remote work at a customer site. What is the best method to communicate the work efforts and next steps with the customer?

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Closure meeting

When a meeting agenda sets a fixed time on a schedule where a task must be completed within that time, what technique is being used?

Hard timeboxing

After establishing the product backlog, you should use the _________ to determine the project's velocity.

burndown chart

Why would a buyer issue a purchase order?

To describe the quantity of goods and services needed and what price will be paid.

As a project concludes, the project manager meets with the project team to review expenditures for the project and signs off on the project budget. This is known as which of the following?

Budget reconciliation

What is the process used to document, identify, and authorize changes in an IT environment?

Change control

In which project life cycle phase would you develop a transition or release plan?

Planning

The project team has been asked to include a data validation module with the software they are developing, and this will add an additional three weeks to the project. This is an example of which one of the following?

Change

Which of these is not an example of deliverables?

Sign-off on the project charter

A list of steps undertaken to undo a release and restore a system to its original state is known as what?

Rollback plan

A systematic and independent examination of project procedures, documentation, spending, statutory compliance, and reporting is known as which one of the following?

Audit

Why is it important to validate deliverables when a project starts to conclude?

Each correct answer represents a complete solution. Choose three.

To confirm the customer expectations have been met

To verify the timeliness and completeness of paying a vendor

To confirm the project has satisfied the objectives

When is a project considered to be a success?

Stakeholder expectations have been met.

As a part of a daily Scrum meeting, the team seeks to share information in three areas. Which set of questions represents the topics of this knowledge sharing?

What did I accomplish yesterday? What will I do today? What obstacles are preventing progress?

Developing contingency reserves to deal with risks, should they occur, is known as which one of the following?

Active acceptance

What are the three common constraints found in projects?

Time

Budget

Scope

At the completion of a government project requiring security clearance, what document would a vendor likely be asked to sign?

Nondisclosure agreement

When breaking down project deliverables, what is the lowest level that is recorded in a WBS?

Work package

Joe is a programmer working on your project team. He was "borrowed" from your company's engineering section and is on a temporary loan for the project. The engineering department has a deep interest in the outcome of the project. You just learned that the manager of the engineering department, Amanda, visited Joe and instructed him to include some extra coding modules in the work that he's already working on to increase the functionality of the project. The requested module additions do not fit in with the current list of deliverables. What is your next step?

Ask Amanda to file a formal change request for the new modules so that the sponsor and key stakeholders can review and approve or deny.

Which of the following is the best definition of an operational expense or OpEx?

Money spent on running the business operations of a company

What is the comprehensive collection of documents that spells out communication, risk management, project schedule, and scope management?

Project management plan

A vendor is very strict on insisting on formal change control on a project for a customer and few changes are actually getting approved. Which contract vehicle would cause a vendor to behave in this way?

fixed price

What is the project artifact that breaks down resources by category and type?

Resource breakdown structure

A sprint backlog is composed of which of the following?

Each correct answer represents a complete solution. Choose three.

Action plan

Gate review

Product backlog item

What type of project management tool is depicted here?

Requirements traceability matrix

Which of the following is not an activity of the Closing phase?

Monitoring the risks and issues log

Which of the following is the best definition of a capital expense or CapEx?

Money spent on long-term physical or fixed assets used in a business’s operations

In what stage of team development do team members begin to confront each other and vie for position and control?

storming

Which of the following is not a cost-estimating technique?

SIPOC-R

A seller that has passed through the first phase of onboarding through evaluation using a standard criterion to determine a seller’s ability to supply a good or service is known as what?

Prequalified vendor

EV for a project is 800, and AC is 1200. CPI for the project would be which one of the following?

.667

The project team has been asked to add some additional functionality to an existing application. A business analyst sits down with the stakeholders to be walked through what the application needs to do, how it needs to look, and what other applications or reports the data needs to be shared with. What part of the change control process is the business analyst performing?

Requirements definition

At a gate check meeting, the committee is presented with a report that shows health in different areas of a project: Schedule = Green, Budget = Yellow, Scope = Green, Risk = Yellow, and Publicity = Red. What type of tool is the committee looking at?

Balanced scorecard

What type of project management tool is depicted here?

Pareto diagram

At the beginning of a work period or sprint, there is a sprint planning meeting. What does this meeting accomplish?

Sets a realistic backlog of items to be completed during this iteration

Which tool would you use to create a visual representation of timelines, start dates, durations, and activity sequences?

Gantt chart

A new U.S. state law gives customers the ability to request what data a company is storing about their users and how the company is using this information. A global company has to adjust its product design to conform to this requirement. Which ESG factor can cause the project to change in this manner?

Awareness of applicable regulations and standards

A government agency has hired a firm to perform work on its sewer system. As a part of the RFP, the agency requires the successful vendor to carry insurance for errors and omissions. What type of risk strategy is this?

Transfer, negative risk strategy

A data warehouse is used _______________

to bring various data sources together for the purpose of analysis and decision-making

A meeting has just been conducted on a project where the expectations, goals, and objectives of the project have been explained, including the milestones and timelines of the project. Project sign-off is also likely to occur during this meeting. What type of meeting was this?

Kickoff meeting

A project is seeking a third party to handle hardware and software tools for the application development team to complete a project. Which cloud model should the project team look to use?

PaaS

A change manager supports a large transportation agency. In support of an upcoming project change, she has established emails to be sent two weeks in advance, a week in advance, and the day of the changes so that users can expect an outage and a new layout when the service comes back online. What is she working on?

Notifications

To which project-centric document would you refer to get a description of the project, find out the key deliverables, and gain an understanding of the success and acceptance criteria for the project?

Scope statement

An animated movie project requires the following ordered steps: story idea, script, storyboard, voice talent, models, and set construction, to name just a few. The storyboard has what relationship to the script?

It is a successor task.

what type of project managment tool is depicted here?

Program Evaluation Review Technique (PERT) chart

Which vendor solicitation method is best to use when more data is needed about the goods and services that need to be procured?

Request for information 

A team has set guidance that project communication can only take place through the company-issued collaboration platform or through company-issued devices. This is an example of which of the following?

Establish accepted communication channels

In which project life cycle phase would the issues log generally be developed?

Executionn

A subject matter expert on a project has been monitoring the distribution of support calls received each hour during the day to determine staffing needs for a project. Which tool is this person most likely using?

Histogram

Which law established protected health information and the rules governing its release?

HIPPA

What elements are explained in a business case?

Alignment to the strategic plan

Alternative solutions

Justification by identifying the organizational benefits

The approved budget for given work to be completed within a specific timeframe is called which one of the following?

planned value

The Payment Card Industry Data Security Standards (PCI DSS) address the handling and management of payment card data. It covers all aspects of payment card data handling, including acquiring, transmitting, storing, and processing the data. What is the PCI DSS an example of?

Industry-specific compliance

Roy is struggling with several issues on a project that is overwhelming productivity. He wants to see which issues are causing the biggest disruption to the project. Which tool should he use?

Pareto chart

All electronic communications and meeting notes are stored with the project file at the conclusion of the project. This is an example of:

communication archiving