506055
| Question | Answer |
| 51. Project managers have little to no authority in this type of organizational structure. | Functional . |
| 52. This is what you will use to manage customer expectations. | Requirements. |
| 53. Name the common causes of variances. | Random variances, known as predictable variances, and variances that are always present in the process. |
| 54. What’s the purpose of process analysis, a tool and technique of Perform Quality Assurance? | Process analysis looks at process improvement from an organization and technical perspective. |
| 55. This describes when and how human resources are taken on and of the project. | Staffing management plan. |
| 56. Describe how projects end by addition. | They’re developed into their own ongoing business process. |
| 57. How are cost baselines graphically displayed? | As an S curve. |
| 58. What are some other names for discretionary dependencies? | Preferred logic, preferential logic, and soft logic. |
| 59. Plus or minus two standard deviations gives you this probability | 95.44 percent. |
| 60. Describe total float. | The amount of time you can delay the start of a task without delaying the ending of the project. |
| 61. This process evaluates the probability and impact of identified risks using a probability and impact matrix as one of its tools. Name this process and its tools ante techniques. | The Perform Qualitative Risk Analysis: risk probability and impact assessment, probability and impact matrix, risk data quality assessment, risk categorization, risk urgency assessment, and expert judgment. |
| 62. Most project manager spend roughly 90 percent of the time doing this. | Communicating. |
| 63. What is ADM? | Arrow diagramming method, which is a tool and technique of Activity Sequencing. |
| 64. Which logical relationship does PDM use most often? | Finish-to-start |
| 65. Name the tools and techniques of the Define Scope Process. | Product analysis, alternative identification, expert judgment, and stakeholder analysis. |
| 66. This document records risks, response strategies, owners, risk triggers, budget and schedule activities needed to implement responses, contingency plans, residual and secondary risks. | The risk register after is has been updated at the end of the Risk Response Planning process. |
| 67. This relates to the OBS to the WBS so that every component of the work of the project is assigned to and individual. | Responsibility assignment matrix (RAM). |
| 68. What constraints are found in the Plan Human Resources process? | Organizational structures, collective bargaining agreements, and economic conditions. |
| 69. Describe make-or-buy analysis. | This is a tool and technique of Plan Procurements. Determines whether the product or service can be produced by the project team or should be purchased. |
| 70. What are external dependencies? | Dependencies that are external to the project yet affect project activities. |
| 71. What is the formula for calculating PERT? | (optimistic + pessimistic + (4 most likely)) / 6 |
| 72. Describe process improvement plan. | It focuses on finding inefficiencies in a process or activity and eliminating them. It is a subsidiary plan of the project management plan. Considers process boundaries, expected start and end dates, process configuration, process metrics, and any specific elements targeted for improvement. It’s an output of the plan Quality Process. |
| 73. Describe CCB. | A change control board reviews all change requests and approves or denies them. |
| 74. Name the three forecasting method categories found in the Report Performance process. | Time series methods, causal/econometric methods, judgment methods, and other methods. |
| 75. These measurements determine whether the results are either conforming or nonconforming. | Attributes. |
| 76. What is the formula for calculating VAC? | VAC = BAC - EAC |
| 77. Name the ethical code to which the PMPs are required to adhere. | PMI Code of Ethics and Professional Conduct. |
| 78. What are the tools and techniques of the Administer Procurement process? | Contract change control system, procurement performance reviews, inspections and audits, performance reporting, payment system, claims administration, and records management system. |
| 79. This Estimate Activity Durations and Estimate Cost technique determines quantitative estimates by multiplying work (or units) times the rate (or cost). | Parametric Estimating. |
| 80. This contains an exhaustive list of project deliverables. | Project scope statement. |
| 81. Describe the difference between PERT and CPM. | PERT uses weighted average durations, while CPM uses the most likely duration. |
| 82. Name the tool and technique of Develop Schedule that uses the simulation to determine feasibility of the schedule under adverse conditions. | Monte Carlo analysis, which is part of the what-if scenario analysis tool and technique. |
| 83. The project Charted is published by this person. | A manager external to the project, usually the sponsor. |
| 84. IRR assumes reinvestment at this rate. | IRR rate. |
| 85. This process receives the bids and proposals and rank-orders them using source selection criteria. | Conduct Procurements. |
| 86. What is the formula for calculating ETC when variances are atypical and not expected to continue? | ETC = (BAC – cumulative EV) |
| 87. What is the most common EAC formula? | EAC = AC + bottom-up ETC |
| 88. This tool shows the results of a process over time as point on a graph. | Control Chart |
| 89. What is another name for mathematical models (also known as constrained optimization methods) and benefit measurement methods? | Decision models. |
| 90. Name the only risk management plan process that’s not part of the Planning process group. | Monitor and Control Risks. |
| 91. What is the formula to calculate SPI? | SPI = EV/PV. |
| 92. Modifications to the agreed-upon WBS are this kind of change. | Scope change. |
| 93. Which estimating technique should be used to estimate project duration when the is a limited amount of information available. | Analogous estimating |
| 94. Define crashing. | A project duration compression technique that weights cost and schedule trade-offs. |
| 95. Name the purpose of the Direct and Manage Project Execution process and one of its main characteristic. | Its purpose is to execute the project plan, put into action, and perform the work of the project. The majority of the project budget is spent here. |
| 96. What is the formula to calculate SV? | SV = EV – PV |
| 97. Cause-and-effect diagrams, control charts, flowcharting, histograms, Pareto Charts, run charts, and scatter diagrams are known as what? | Ishikawa’s seven basic tools of quality. |
| 98. This documents the types of information needs the stakeholders have, when the information should be distributed, and how the information will be delivered. | Communications management plan. |
| 99. Poor scope definition can use this. | Higher project costs, rework, schedule changes, and low morale. |
| 100. This process is concerned with collecting data, measuring results, and reporting on performance information for the Initiating, Planning, Executing, and Closing process groups. | Monitor and Control Project Work |
Want to create your own Flashcards for free with GoConqr? Learn more.