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PM/586 Final Exam

1. In a strong matrix structure, employees take daily direction from:


Project manager only
Both, but the project manager has greater influence
Both, but the functional manager has greater influence
Functional manager only

2. If the schedule variance is positive and the cost variance is negative,


the projects status is:
Over budget and behind schedule
Under budget and ahead of schedule
Over budget and ahead of schedule
Under budget and behind schedule

3. Which category of projects would involve a large number of functional


units where the workers may be assigned either part-time or full-time?
Special
Individual
Staff
Matrixed

4. Which type of chart provides the least predictive value?


PDM
ADM
PERT
Bar chart

5. Scope creep is generally the result of:


Too much detail in the specifications
Having too many levels in the WBS
Poorly defined SOW
Having the wrong people assigned to the project
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6. Which of the following is the role of the PM rather than the role of the
functional manager?
Where it will be done
How the work will be done
Who will do it
What work will be done

7. The balance between quality and cost is called:


Produceability
Salability
Availability
Operability

8. The EVMS term that represents the value of work actually


accomplished is:
BAC
AC
EV
PV

9. Which of the following would be the first item to be discussed in the


initial kickoff meeting for a project?
Understanding of the budget
Understanding of the schedule
Understanding of the requirements
Understanding of the plan

10. Quality is defined by the:


Project team
customer
Project manager
Project sponsor
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11. Which of the following people has the greatest influence on how
much authority a project manager will possess on a given project?
The project sponsor
The customer
The project managers line manager
The project manager himself / herself

12. A project manager desires a work breakdown structure that goes


through 6 levels of detail. Level 3 through level 6 would most likely be
prepared by:
Customer
Subject matter experts
Project manager
Project sponsor

13. In which project life cycle phase does quality begin?


Initiation / planning
Monitoring & control
Closure
Implementation

14. Project management restructuring allowed companies to manage


projects that _____.
Had undefined objectives
Could not be handled by the traditional organization
Did not require effective cost control
Require little functional integration

15. Risk constitutes a lack of knowledge _____.


Of future events
About the estimates
About the customers requirements
About the environment
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16. The two primary components of a risk are:


The probability and the impact
The impact and the event
The impact and the amount at stake

The event and the probability

17. Which of the following standard project estimating techniques is


usually accomplished in weeks?
Engineering
Parametric
Analogy
Grassroots

18. The hardest part in creating a best practices library is:


Storage
Classification
Evaluation
Knowledge transfer

19. A typical project office (not to be confused with a project


management office) responsible for the management of a large project
includes the project manager and the:
Project sponsor and assistant project managers
Assistant project managers
Assistant project managers and functional managers
Project sponsor

20. Industries that have _____ tasks and operate in a _____ environment
demonstrated the greatest need for project management.
Complex; Dynamic

Simple; Static
Complex; Static
Simple; Dynamic
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21. Pricing out the construction cost of a home by a cost per square foot
would be representative of a(n) _____ estimate.
Grassroots
Parametric
Engineering
Analogy

22. The collective term for the formal quality activities and processes is
called:
Quality control
Quality visions
Quality assurance
Quality policies

23. The difference between the cost baseline and the contracted cost is
the:
Profit
Management reserve
Cost of scope changes
Cost at completion

24. Plans such as the cost plan, schedule plan and quality plan are
referred to as:
Subsidiary plans
Specialized plans
Integration plans
Functional plans

25. Companies can become reasonably mature in project management


by designing the right support systems. In general, how much time
usually elapses after maturity before a company becomes excellent in
project management execution?
2 years
1 year
5 years
10 years
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26. The best source of revenue for a customer-requested scope change


is:
A customer-funded contract amendment
Profits
Management reserve
Undistributed budget

27. During the 1970s and 1980s, formal project management practices
were put in place because the constraints were _____ and _____ boundaries
had to be crossed
Tight; few
Tight; several
Loose; few
Loose; several

28. A charting technique designed to illustrate the inductive and


deductive reasoning necessary to achieve some objective is called a _____
Diagram / network
Descriptive
Intuition
Gantt
Logic

29. Which of the following is often overlooked when planning and


budgeting a project?
Customers milestones
Timing of the deliverables
Number of meetings with the customer
Cost and size of contractual documentation

30. What is the project sponsors responsibility with regard to the WBS
preparation?
The sponsor should not be involved in WBS development.
Make sure all work packages are well-defined.
Make sure that the management levels of the WBS are correct.
Make sure that the technical levels of the WBS are correct.

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