A project manager is assigned to a project early in the project life cycle.. A project manager makes a narrative description of the work that must be done for her project.. A project man
Trang 11 Decomposing the major deliverables into smaller, more manageable components to provide better control is called:
a Scope planning
b Scope definition
c Scope base lining
d Scope verification
2 Any numbering system that is used to monitor project costs by category such as labor, supplies, or materials, for example, is called:
a Chart of accounts
b Work breakdown structure
c Universal accounting standard
d Standard accounting practices
3 A person who is involved in or may be affected by the activities or anyone who has something to gain or lose by the activity of the project
is called a:
a Team member
b Customer
c Stakeholder
d Supporter
The following should be used for questions 4 through 6
A project manager is assigned to a project early in the project life cycle One
of the things that must be done is to do a justification for the project Since very little information is known about the project, the estimates are consid-ered to be rough estimates The following table is the project manager’s estimate of the cash flows that will take place over the next five years
235
Trang 2End of Year Cash Flow In Cash Flow Out
4 What is the payback period for this project?
a One year
b Two years
c Three years
d Four years
5 What is the net cash flow at the end of five years?
a 50,000
c 850,000
d 100,000
6 If the net present value for each of the cash flows were calculated at a 10% interest rate, the net present value cash flow at the end of five years would be:
a Greater than the total cash flow without the net present value ap-plied
b Less than the total cash flow without the net present value applied
c The same as the total cash flow without the net present value ap-plied
d Cannot be calculated with the information supplied
7 A group of related projects that are managed in a coordinated way that usually include an element of ongoing activity is called a:
a Major project
b Project office
c Program
d Group of projects
Trang 38 During the full life cycle of the project, a plot of the project’s expected expenditures will usually follow a characteristic ‘‘S’’ shape This indi-cates that:
a There is a cyclic nature to all projects
b Problems will always occur in the execution phase
c There are high expenditures during closeout
d The bulk of the project budget will be spent in the execution phase
9 A temporary endeavor undertaken to create a new product or service is called a:
a New product development
b Project
c Program
d Enterprise
10 A project manager makes a narrative description of the work that must
be done for her project This is called a:
a Project plan
b Control chart
c Statement of work
d Project objective
11 An example of scope verification is:
a Reviewing the performance of an installed software module
b Managing changes to the project schedule
c Decomposing the WBS to a work package level
d Performing a benefit-cost analysis to determine if we should pro-ceed
12 The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called:
a Strategic planning
b Contingency planning
c Detailed planning
d Management by objectives
Trang 413 Configuration management is:
a Used to ensure that the description of the project product is correct and complete
b The creation of the work breakdown structure
c The set of procedures developed to ensure that project design criteria are met
d A mechanism to track budget and schedule variances
14 A project manager is employed by a construction company and is re-sponsible for the furnishing of the completed building One of the first things that the project manager for this project should do is to write a:
a Work breakdown structure
b Budget baseline
c Project charter
d Project plan
15 A project manager is creating a work breakdown structure for her proj-ect In the breakdown structure the lowest level of the breakdown for the project manager is called the:
a Activity
b Task
c Work package
d Cost account
16 A project manager is reviewing the scope of the project and the scope baseline of the project This includes which of the following?
a The original project schedule, budget, and scope
b The original project description and the project charter
c The original scope of the project plus or minus any scope changes
d The current budget of the project
17 A project manager has just become the manager of a project The docu-ment that recognizes the existence of the project is called:
a The statement of work
b The project assignment
c The project charter
d The product description
Trang 518 A project manager is reviewing the work breakdown structure for her project The WBS for the project represents:
a All the tangible items that must be delivered to the client
b All the work that must be completed for the project
c The work that must be performed by the project team
d All the activities of the project
19 A manager that manages a group of related projects is called a:
a Project manager
b Project expediter
c Program coordinator
d Program manager
20 A new project has begun The project charter has been written and the project manager has been assigned The project manager is preparing the work breakdown structure for the project The WBS is typically used for:
a Explaining the scope of the project relevant to the client
b The basis for organizing and defining the total scope of the project
c Showing the resource conflicts that exist in the project
d The logical relationship between tasks in the project
21 During the life of a project, the project will go through several phases— initiating, planning, execution, and closeout Which phase of the proj-ect is likely to have the greatest amount of its funding spent?
a Initiating
b Executing
c Planning
d Closeout
22 During the course of the project it is important that the stakeholders be informed of the progress of the project One of the reports that is fre-quently used is a progress report Which of the following is true about progress reports?
a They allow stakeholders to judge the performance of the project according to its plan
Trang 6b They are generally considered to be overkill on very small projects.
c They require the use of earned value reports
d They must be produced by the project manager
23 The coordinated undertaking of interrelated activities directed toward a specific goal that has a finite period of performance is a:
a Project charter
b Project
c Set of project objectives
d Program
24 The document that is proof of upper management’s commitment to the project and gives the authority to manage the project to the project manager is called:
a The project plan
b The project goals and objectives
c The project charter
d The project definition
25 A project manager works in a company favoring the weakest authority for the project manager The type of organization that holds the project manager to be the weakest is:
a Projectized organization
b Strong matrix organization
c Weak matrix organization
d Balanced matrix
26 A project manager has been asked by the client to meet the promise date of the project The project manager analyzes the schedule before promising a date to the customer The project manager uses the pro-gram evaluation and review technique to evaluate the project schedule She decides that based on the results of the PERT calculations she can promise a delivery date of June 30 The expected value of the project completion date is May 30 If the project manager is willing to accept a 5% probability that the project will be delivered later than June 30, what is the standard deviation of the durations of the activities on the critical path? Assume a five day work week
Trang 7a Ten days
b Fifteen days
c One-half month
d One month
27 A project is proposed to a customer Price and schedule for delivery are agreed upon The work breakdown structure is agreed to as well The customer requests that one of the milestones of the project be completed
by a certain date The project schedule is reviewed, and it is found that the expected completion date for this milestone is considerably earlier than the date requested by the customer The date for this milestone is which of the following?
a Consideration
b Summary activity
c Constraint
d Suggestion
28 A project manager is managing a project The original scope baseline of the project was budgeted at $100,000 Since work on the project started there have been seventeen authorized and approved changes to the proj-ect The changes have a value of $17,000 and the cost of investigating them prior to their approval was $2,500 What is the current budget for the project?
a $100,000
b $114,500
c $117,000
d $119,500
29 In a very large project having a budget of $5 million and a project team
of over one hundred persons, the project manager constructs a work breakdown structure The project manager will do the WBS to the detail level of which of the following?
a Task
b Activity
c WBS element
d Work package
Trang 8242 Preparing for the Project Management Professional Certification Exam
30 A project manager is managing a project that has reached the end of the planning phase The work scope has been agreed to and definitive cost estimates have been completed for the project The total estimated cost
of the project is $100,000 It is reasonable to expect that the project will not cost over which of the following values?
a $100,000
b $110,000
c $125,000
d $175,000
31 The change management plan should be included in which of the fol-lowing?
a Scope management plan
b Communications management plan
c Configuration management plan
d Quality management plan
32 A project team has made up the work breakdown structure for a project Senior management for the company and all of the stakeholders includ-ing the client have approved the WBS The client later requests that a change be made in the project, which will cost a considerable amount
of money The client says that the company’s salesman promised this feature prior to sign off on the WBS Who should pay for the change?
a The client should pay
b The company managing the project should pay
c Both the company and the client should pay part of the cost
d The change should not be implemented
33 A project manager is managing a software development project for a hospital There is a new computer available that will speed up the devel-opment process considerably The new computer costs $50,000 includ-ing shippinclud-ing, installation, and startup The computer will cause a gross savings of $100,000 What is the net present value of the savings if they occur one year after the expenditure for the computer? Assume a 10% interest rate
a $90,000
b $40,909
TE AM
FL Y
Trang 9c $45,555
d $91,110
34 A project manager is managing a project during the planning phase She chooses to use a precedence network diagram as a graphic planning tool to assist in making the project schedule The most important reason for using the network diagram as a graphic planning tool is that it makes
it easier to see which aspect of the project plan better than the other tools available?
a The probability that the tasks will be completed on time
b The logical relationships between activities in the schedule
c The start and finish dates of the activities
d The float between activities