PRM524 FINAL TERM – October 2017

PRM 524 FINAL TERM – October 2017  –   100% correct

 

What do you expect when you
are submitting an invitation for bid to sellers?

Question 1 options:

Offers which are not primarily written to win
against competition.

Offers which
are similar enough to allow a selection based on price.

General information on a seller’s ability to
provide the goods or services.

Offers which will differ significantly in
solution approach and price.

 

___________ are usually not
a manifestation of unique organizational cultures and styles.
Question 2 options:

Views of authority relationships

Individual
traits and attitudes of co-workers

Shared visions, values, norms, beliefs, and
expectations

Policies, methods, and procedures

 

During project execution,
you found out that work is often not performed at the right time and in the
right order. Deliverables are made by one team member that cannot be processed
by another one. This already leads to timely rework and bad morale among team
members. Which project management tool is most appropriate to deal with
problems like this?
Question 3 options:

Communications management plan

Work
authorization system

RACI matrix

Organization chart

 

How should change management
be planned for?
Question 4 options:

Planning for change management should be done
while the various change control processes are being applied.

Change
management can be planned in a set of management plans or a specific change
management plan.

Changes are generally not predictable; therefore,
planning for change management cannot be reasonable.

Changes are a sign of bad planning. One should
avoid changes during a project, thus eliminating the need to manage them

 

Which statement best
describes the purpose of the communications management plan?
Question 5 options:

The communications management plan focuses on
the use of communications technologies by the project management team.

The project management plan is a subsidiary
document of the overall communications management plan.

The communications management plan describes
rules of behavior and respect for communications in cross-cultural teams.

The
communications management plan describes the information delivery needs
including format and level of detail

 

A project manager’s PDM
network schedule gets audited by a scheduling expert.
The expert tells the project manager to focus
more on nodes with “path
convergence,” also known as “sinks.” What is he
referring to?
Question 6 options:

Nodes in a WBS, where several branches are
brought back together.

Nodes in a
network logic diagram, which have multiple predecessors.

Nodes in a conditional network diagram, at which
it becomes deterministic.

Nodes in a decision tree, showing various
branches with the same chance

 

You are running a major
project with four sub-projects. Each of the sub-project managers has developed
a risk management plan, identified many risks, analyzed them, and planned for
risk response. It is now two months later. What should you not do?
Question 7 options:

Make sure that the sub-project managers monitor
trigger conditions for contingency plans.

Make sure that the sub-project managers monitor
their project work for new and changing risks.

Ensure that
they handle all risks to save you from project level risk control.

Make sure that the sub-project managers keep
track of the identified risks and those on the watch list.

 

What should managers
consider before conducting a performance-evaluation interview with a project
team member?
Question 8 options:

How can discussion of the manager’s leadership
style be avoided?

Has the
employee been provided with sufficient instructions and work tools?

How can disputes related to unsatisfactory
performance be avoided?

Which management fallacies can most easily be
delegated to the worker?

 

At the beginning of project
execution, you notice different opinions between team members relating to
project work and deliverables and to the level of overall complexity. What
should you do right now?
Question 9 options:

Give your team members some time to develop a
common understanding of the project scope and product scope. Upcoming interface
problems may be resolved later.

Use interviews in private with each individual
team member to inform them of your expectations and your requirements in an
atmosphere of confidence.

Organize
meetings to identify and resolve misunderstandings between team members in
order to avoid interface problems, disintegration, and costly rework early in
the project.

Use the risk management processes to identify
and assess risks caused by misunderstandings and develop a plan with measures
in order to respond to them.

 

In configuration management,
which of the following is necessary to maintain the integrity of baselines?
Question 10 options:

Analyzing variances by comparing baseline
information with actual project data.

Ensuring transparency across all project
management processes and activities.

Releasing
only approved changes for incorporation into products or services.

Ensuring that team members adhere to a code of
ethical conduct and behavior.

 

Which of the following is
generally not regarded as an element of active listening?
Question 11 options:

Paraphrasing

Making eye contact

Interrupting when appropriate

Interpreting
the information

 

Which statement
describes best handling of assumptions during the initiating processes?
Question 12 options:

Organizational, environmental,
and external assumptions should be addressed by the project charter.

Managing and organizing assumptions means avoiding risks right from the start
of the project.

It is the responsibility of the sales person in charge to identify all risks
related to a customer project.

Risks are a sign of uncertainty. Avoiding all uncertainties means that a
project should have no risks at all.

Which statement
describes best handling of assumptions during the initiating processes?

 

For a project, the following
earned value data have been assessed:

AC: $ 4,000,000
CV: $ -500,000
SPI: 1.12
BaC: $ 9,650,000

What is the earned value of the project?

Question 13 options:

$3,000,000

$5,650,000

$4,480,000

$3,500,000

 

During the execution of a
project to build a complex defense system, your team has run into a deep
crisis. The project’s goal and objectives have been challenging right from the
start, but now you have discovered that your team members have become
increasingly unaware of them. Being busy solving detail problems, they often
fail to understand the overall requirements. Then they develop solutions that
resolve issues in their area of limited responsibility while causing new
problems at the interfaces with other system components. Meanwhile, the team
members show signs of growing frustration, and time is running away. How can
you help your team in this situation?
Question 14 options:

Ignore the low-level issues and focus on
achieving the overall requirements. Details can be sorted out during test and
handover.

If everybody simply does their jobs, then there
should be no problem. Make sure that team members are fully aware of their
accountability.

Problems of this dimension have their origin in
fundamental personal incompatibilities between team members. You should replace
them all.

Accompany
your team members along a sequence of maturity levels from dependence through
independence to interdependence.

 

Which of the following are
not common barriers to project team building?
Question 15 options:

Unclear project objectives/outcomes

Role conflicts

Excessive
team member commitment

Differing outlooks, priorities, and interests

 

What is not a reason for
companies to organize lessons learned?
Question 16 options:

Lessons learned databases are an essential
element of the organizational process assets.

Lessons
learned should focus on identifying those accountable for errors and failures.

Phase-end lessons learned sessions provide a
good team building exercise for project staff members.

Lessons learned sessions should bring about
recommendations to improve future performance on projects.

 

What is important for
quality auditors?
Question 17 options:

They must be mandated by the auditee.

They must be
properly trained.

They must be in-house personnel.

They must be third-party staff.

 

The communications
management plan is a document that includes descriptions of:
Question 18 options:

stakeholder
communication requirements.

activity level status reports.

project level performance reports.

responsibility assignments.

 

A customer is requiring a
minor scope change and expects you to do this without delays and additional
costs. You believe that you have adequate authorization to make the decision by
yourself, but you are not quite sure. What should be your next steps?
Question 19 options:

A requested change is always an opportunity to
get more money paid by the customer and to secretly solve schedule and quality
problems. You should make some reasonable estimates on time, costs, risks, etc.
and then add a nice margin on top of that to calculate the new price.

Customer satisfaction is your top priority. The
customer gives you an opportunity to increase their satisfaction, which you
should use to the maximum benefit. Most project managers have contingencies to
cover risks; these can be used to pay the additional costs.

Handle the
request according to the integrated change control processes described in your
management plans. Then make a decision together with the appropriate change
control body, whether the increased customer satisfaction will be worth the
extra costs, work, risks, etc.

Before making a decision, you should have a look
at the customer’s parking lot. If you find there to be many expensive, new
automobiles, it is likely that you can use the requested change to increase the
profit from the contract. Otherwise, you should reject the request.

 

The cost baseline is
developed during which process?
Question 20 options:

Estimate costs

Develop schedule

Determine
budget

Perform integrated change control

 

During a meeting, a
discussion came up: To which degree does your project have to be compliant to
the processes enumerated in the PMBOK Guide? What should be the guiding
principle to answer this question?
Question 21 options:

The more processes the project team follows, the
better the project’s performance will be.

The processes are meant as rough guidelines to
which a team should only adhere if there is enough consensus.

The project
team must select appropriate processes required to meet the project
requirements.

Without alterations, the project manager must
follow all 42 processes for project management

 

What is typical for critical
chain project management?
Question 22 options:

Management of leads and lags

Management of resource over-allocations

Management of total floats and free floats

Management
of buffers

 

The members of your project
team have been assigned to your project with general availability levels of
50%. Yesterday, they reported to you that significant variances occurred during
project execution. You have noted that the team members have been spending less
than 50% of their time working on your project. Your project schedule is about
to become heavily delayed, and deadlines are in jeopardy. What should you do?
Question 23 options:

Ignore the difficulties, adjust your schedule,
and negotiate new deadlines according to the slower progress.

Talk with
functional managers. Negotiate clear and written assignments with reliable
scheduling priorities.

Focus on internal charges. Make sure that your
project is not getting charged for more than the actual work.

Talk to your sponsor and try to get more
resources assigned on similar conditions as the existing ones.

 

The concept of (the) __________
states that changes related to one requirement—scope, time, or cost—will at
least influence one other element.
Question 24 options:

three wise men

three-point estimation

triple
constraint

three needs theory

 

During code inspection in a
major software development project, a project management team identified
frequent occurrences of critical programming errors. These errors are scattered
across the code and occur without a discernible pattern. Which tool is most
likely to help the team identify areas of error concentration in order to
develop a prioritized response strategy?
Question 25 options:

Check sheet

Decision tree

Influence diagram

Process decision program chart