Description : Identify the sub-process of process improvement a) Process introduction b) Process analysis c) De-processification d) Process distribution
Last Answer : b) Process analysis
Description : Process Analysis is a function of: A. Performance Analysis B. Quality Metrics C. Process Improvement Plan D. Quality Improvement Plan
Last Answer : C. Process Improvement Plan
Description : During which stage of Risk planning are risks prioritized based on probability and impact? a. Identify Risks b. Plan Risk responses c. Perform Qualitative risk analysis d. Perform Quantitative risk analysis
Last Answer : c. Perform Qualitative risk analysis
Description : Complete the following statement. As the project progresses into the execution phase: Select one: a. risks need to be checked off on activities that have been performed. b. the total risk on ... risk breakdown structure needs to be examined to be sure all the risk events have been avoided.
Last Answer : a. risks need to be checked off on activities that have been performed.
Description : Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis
Last Answer : d. Risks are identified with each major group of activities.
Description : SWOT analysis is a strategic planning technique used to identify strengths, weaknesses, opportunities, and (A) timing (B) tenure (C) totality (D) threats
Last Answer : (D) threats
Description : Your company has asked you to be the project manager for the product introduction of its new DeskTop Rock media system. You recently published the project scope statement. Which ... . Constraints B. Project specifications C. Requested changes D. Project configuration management requirements
Last Answer : C. Requested changes
Description : Which one of the following best defines a benefit? a. A positive result of stakeholder management. b. The successful management of a project. c. An improvement resulting from project deliverables. d. The successful delivery of project reports and updates.
Last Answer : c. An improvement resulting from project deliverables.
Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A) Technical key resources (B) Work key structure (C) Work Breakdown Structure (WBS). (D) None of the above
Last Answer : (C) Work Breakdown Structure (WBS).
Description : Scheduling can best be defined as the process used to determine: a. overall project duration. b. project cost estimating. c. the project management plan. d. sub-contractor’s responsibilities.
Last Answer : a. overall project duration.
Description : The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)
Last Answer : Ans. True
Description : The entire process of a project may be considered to be made up on number of sub process placed in different stage called the (A)Technical key resources (B)Work key structure (C)Work Breakdown Structure (WBS). (D)None of the above
Last Answer : (C)Work Breakdown Structure (WBS).
Description : Which one of the following statements best describes the use of an issue log? a. A summary of all possible alternative resolutions of an issue. b. A summary of all the project issues, their ... for capturing all issues. d. A tool to ensure that the issue management process is adhered to.
Last Answer : b. A summary of all the project issues, their analysis and status.
Description : Root Cause Analysis relates to: A. Process Analysis B. Quality Audits C. Quality Control Measurements D. Performance Measurements
Last Answer : A. Process Analysis
Description : Which of the following is a quality management system that gives titles to specialists and requires a cost-benefit analysis? Select one: a. Lean accounting b. Business process re-engineering c. Kaizen d. Six Sigma e. Total Quality Management
Last Answer : d. Six Sigma
Description : Feasibility analysis is the first stage in the process of project development. (True/False)
Description : The process of assigning values for the time and effort needed to perform a system project is called _____. a. analysis b. estimation c. identifying d. planning
Last Answer : b. estimation
Description : The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes ... Risk Analysis B. Risk Identification C. Qualitative Risk Analysis D. Risk Management Planning
Last Answer : C. Qualitative Risk Analysis
Description : All of the following are true regarding the Qualitative Risk Analysis process except which one? A. Probability and impact and expert interview are used to help correct biases that occur in the data ... of this process used to determine which risks need near-term response plans.
Last Answer : C. Qualitative Risk Analysis is an easy method of determining risk probability and impact that usually takes a good deal of time to perform.
Description : A process that involves continuously improving and detailing a plan as more detail become available is termed as (A) project analysis (B) project enhancing (C) progressive deliberation (D) progressive elaboration
Last Answer : (D) progressive elaboration
Description : Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation
Last Answer : C. Project selection
Description : The main aim of a project risk management process should be to: a. identify project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. c ... are threats or opportunities on a project. d. satisfy the organization's project management process.
Last Answer : a. identify project risks and then manage them appropriately.
Description : The main outcome of risk identification, in a risk management process, is to: a. identify and determine the relative importance of the project risks. b. identify and describe all risks that ... responses to the project risks. d. identify and describe risks that have occurred on previous projects.
Last Answer : b. identify and describe all risks that might occur on the project.
Description : The methods and regulation used to define goals, plan and monitor tasks and resources, identify and resolve issues, and control costs and budgets for a specific project is known as … a. project management. b. Process Management c. Process d. Activities
Last Answer : a. project management.
Description : The main aim of a project risk management process should be to: a. identifies project risks and then manage them appropriately. b. identify all project risks and transfer them immediately. ... are threats or opportunities on a project. d. satisfy the organisation's project management process.
Last Answer : a. identifies project risks and then manage them appropriately.
Description : The main outcome of risk identification, in a risk management process, is to: a. identify and determine the relative importance of the project risks. b. identify and describe all risks that ... to the project risks. d. identify and describe risks that have occurred on previous projects.
Description : Sergei, the project manager, is worried about completing the project on time. To increase the productivity of his 15-person team he should create subteams with no more than 10 people on a sub team.
Last Answer : Ans: True
Description : Portfolios are a collection of any of the following: A. Projects, Programs, Sub-portfolios, Operations (Ans.) B. Portfolios, Products, Projects, Sub-projects C. Sub-portfolios, Projects, Sub-programs D. Projects, Portfolios, Operations, Products
Last Answer : A. Projects, Programs, Sub-portfolios, Operations (Ans.)
Description : Which of the following is/are true about teaching? Options: A) The Analysis And Assessment Of Teaching Provide Feedback For Further Improvement In Teaching Method. B) It Is Highly Dominated By Communication Skill. C) It Is A Process Not An Act. D) All Of These
Last Answer : D) All Of These
Description : The probability of completing the project can be estimated based upon the ____ . (A) Uniform distribution curve (B) Normal distribution curve. (C) U-shaped distribution curve (D) None of the above
Last Answer : (B) Normal distribution curve.
Description : The document that identifies what information needs to be shared, to whom, why, when and how is called the: a. communication management plan. b. stakeholder mapping grid. c. document distribution schedule. d. responsibility assignment matrix.
Last Answer : a. communication management plan.
Description : The probability of completing the project can be estimated based upon the . (A)Uniform distribution curve (B)Normal distribution curve. (C)U-shaped distribution curve (D)None of the above
Last Answer : (B)Normal distribution curve.
Description : Dividend Distribution Tax is payable by: A. Shareholders to Government B. Shareholders to Company C. Company to Government D. Holding to Subsidiary
Last Answer : C. Company to Government
Description : Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1
Last Answer : (A) 3-2-1-4
Description : Which of the following activity is undertaken immediately after feasibility study and before the requirement analysis and specification phase? A. Project Planning B. Project Monitoring C. Project Control D. Project Scheduling
Last Answer : A. Project Planning
Description : A(n) _ is a review of the quality plan, procedures, data collection, and analysis by an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit
Last Answer : e. quality audit
Description : According to the PMBOK guide which of the following statements is right in terms of using reserve analysis to determine a project budget ? a. Reserve analysis always plans contingency reserves ... not practical. e. Contingency reserves have never been a concern when planning a project budget.
Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
Description : Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at completion is $75,000. What is the estimate at completion value ... : a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000
Last Answer : d. $875,000
Description : Fill in the blank. The _____ is the difference between the additional money spent on prevention and the corresponding reduction in the cost of failure. Select one: a. cost-benefit analysis b. implicit cost c. cost of quality d. variable cost e. cost-utility analysis
Last Answer : c. cost of quality
Description : According to the PMBOK guide, which of the following statements is right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans ... not practical. E. Contingency reserves have never been a concern when planning a project budget.
Last Answer : A. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
Description : According to the Project Management Institute (PMI), project management is defined as the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements . Select ... b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories
Last Answer : d. skills, tools
Description : The purpose of the analysis is to examine the desirability of investing in pre-investment studies. (True/False)
Description : A simple way of looking at the spiral life-cycle model is as a waterfall model with each phase proceeded by a) Build-and-fix b) Freezing c) Synchronization d) Testing e) Risk analysis
Last Answer : e) Risk analysis