Preparing For The Project Management Professional Certification Exam_8 doc

9618$$ CH11 09-06-02 15:00:20 PS 243 Scope Management c. $45,555 d. $91,110 34. A project manager is managing a project during the planning phase. She chooses to use a precedence network diagram as a graphic planning tool to assist in making the project schedule. The most important reason for using the network diagram as a graphic planning tool is that it makes it easier to see which aspect of the project plan better than the other tools available? a. The probability that the tasks will be completed on time b. The logical relationships between activities in the schedule c. The start and finish dates of the activities d. The float between activities TIME MANAGEMENT The following information and questions 1 through 10 refer to figure 1. A schedule was developed for a project to install windows in an apartment building. The project is a rush job, and the contractor has agreed to schedule the work on a single shift basis but will work seven days per week until the job is done. The project is to begin on May 1. Figure 1. Scheduling Practice Exercise. A 1 C 3 G 4 B 3 D 2 F 4 FS-2 E 7 H 5 Act # DURATION 1. What day in May will activity D have for its early finish date? a. May 13 b. May 6 c. May 7 d. May 5 244 9618$$ CH12 09-06-02 15:00:16 PS 245 Time Management 2. What is the free float for activity F? a. 6 b. 7 c. 0 d. 8 3. What is the free float for activity D? a. 6 b. 7 c. 8 d. 0 4. What is the critical path of the project? a. A B E G H b. A B D F H c. A C G H d. ABEDFH 5. What is the late start for activity F? a. May 10 b. May 11 c. May 12 d. May 14 6. How long is the project in days? a. Nineteen b. Twenty c. Twenty-one d. Eighteen 7. What is the early start for activity F? a. May 7 b. May 6 c. May 5 d. May 4 9618$$ CH12 09-06-02 15:00:17 PS 246 Preparing for the Project Management Professional Certification Exam 8. If there is a delay in activity F of six days, what is the effect on the project completion date? a. Increases one day b. No change to project completion date c. Increases two days d. Increases three days 9. What is the early finish date of activity A? a. May 1 b. May 2 c. May 3 d. May 4 10. The above diagram is called: a. Activity on arrow network diagram. b. Network diagram. c. Precedence diagram. d. Gantt chart. 11. If a project manager were to make Thanksgiving dinner, two of the activities that might be of concern would be roasting the turkey and baking the sweet potatoes. In order to ensure that these two items will be finished cooking and will come out of the oven at the same time, what type of relationship should he or she use in the schedule between these two activities? a. Finish-finish b. Start-start c. Finish-start d. Start-finish Questions 12 through 15 refer to the diagram in figure 2 and the table that follows. In a project to install concrete sewer lines there is a lot of uncertainty as to how long the durations should be for the tasks involved. The project man- ager has determined that the team will use the PERT technique to evaluate the project’s completion date. The diagram shows nine activities and the 9618$$ CH12 09-06-02 15:00:18 PS 247 Time Management table shows the optimistic, pessimistic, and most likely estimates that the team has already made. Figure 2. PERT Diagram. A C H E B D GF I Act # Most Activity Optimistic Pessimistic Likely A 1 1 1 B 2 3 3 C 10 13 12 D 5 5 5 E 3 6 4 F 1 1 1 G 5 8 6 H 9 13 10 I 5 5 5 12. What is the expected value of the number of days to complete the project? a. 47.3 b. 22.0 9618$$ CH12 09-06-02 15:00:19 PS 248 Preparing for the Project Management Professional Certification Exam c. 32.3 d. 48 13. It is desirable to make an estimate that has a greater than 95% chance of being correct. Which of the following ranges of time for the comple- tion of the project best describes this probability of being correct? a. 33.31 to 31.36 b. 34.28 to 30.39 c. 14.39 to 33.48 d. 35.25 to 29.42 14. What is the expected value of the duration for activity B? a. 5.6 b. 2.8 c. 3.0 d. 2.6 15. What is the standard deviation for the duration of activity B? a. 1.000 b. .133 c. .166 d. 1.413 16. The project manager decided to improve the predicted completion date for the project by doing in parallel several of the activities that were scheduled to be done in sequence. This is called: a. Crashing. b. Increasing priorities. c. Hurry up defense. d. Fast tracking. 17. Crashing the schedule means: a. Making the project shorter by any economic means. b. Running the project team on overtime. c. Doing activities that were in sequence in parallel. d. Getting out of town before the project is in trouble. 9618$$ CH12 09-06-02 15:00:19 PS 249 Time Management 18. The original schedule (for a project, a work package, or an activity), plus or minus approved changes, is called: a. The working schedule. b. The target schedule. c. The performance schedule. d. The baseline schedule. 19. Schedules are used in many ways. In a project to build a bridge the project manager wants to use a tool that will show the scheduled activi- ties in such a way that it is easy to see when each activity starts and finishes and which activities are taking place at the same time. Which tool should be used? a. PERT chart b. Gantt chart c. Precedence diagram d. GERT chart 20. Which of the following is true? a. The critical path is the path through the network that has the high- est total duration. b. The critical path is the path with the least amount of free float. c. The critical path is the list of activities that have zero float. d. The critical path is the list of activities that have critical risks associ- ated with them. 21. Resource leveling will generally: a. Reduce the time needed to do the project. b. Increase the total time necessary to do all the tasks. c. Reduce the overutilization of resources. d. Reduce resources to the lowest skill that is possible. 22. A task was scheduled to use two persons, full time, and take two weeks to complete. Instead, the project manager was only able to assign one person to this task. At the end of two weeks, the person assigned to the task was 75% complete. What is the cost performance index? a. .75 b. 1.5 9618$$ CH12 09-06-02 15:00:20 PS 250 Preparing for the Project Management Professional Certification Exam c. 1.33 d. .5 23. Five tasks are scheduled to be completed in sequence. Each task has a finish-start relationship with the next task. Each has one day of total float. As of today, task one and two have been completed on schedule. How many days of float remain in the schedule for these tasks? a. Two b. One c. Zero d. Four 24. Which of the following is considered to be a simulation technique? a. PERT analysis b. GERT analysis c. Monte Carlo analysis d. Critical path method 25. The main difference between the two types (ADM, arrow diagramming method, and PDM, precedence diagramming method) of the critical path method (CPM) of scheduling is: a. Placement of the activity on the logic diagram line. b. Arrow diagramming method (ADM) is a deterministic method, whereas the precedence diagramming method (PDM) is a probabi- listic method. c. Precedence diagramming method (PDM) is a deterministic method, whereas the arrow diagramming method (ADM) is a probabilistic method. d. Precedence diagramming method (PDM) is a more accurate method. 26. The project schedule is not used to determine: a. The start and finish dates of the activities. b. Occasional changes to the activity listing. c. The total float of the activities. d. The project’s budget. 9618$$ CH12 09-06-02 15:00:21 PS 251 Time Management 27. The overall duration of the project schedule is not influenced by: a. Using mandatory dependencies as constraints. b. Using discretionary dependencies as constraints. c. The availability of the resources that are assigned to perform the work. d. Using the arrow diagramming method instead of the precedence diagramming method (PDM) of scheduling. 28. The program evaluation and review technique (PERT) method of scheduling differs from the critical path method (CPM) because the PERT method: a. Uses weighted averages of activity durations to calculate project du- ration. b. Uses ‘‘dummy’’ activities to represent logic ties. c. Uses ‘‘free float’’ instead of ‘‘total float’’ in the schedule calculations. d. Uses bar charts instead of logic diagrams to portray the schedule. 29. A project manager is managing a project and is considering the resched- ule of an activity because one of the project engineers must work on this activity and another activity at the same time. Each of the activities is scheduled to have a duration of two weeks. One of the activities is on the critical path and the other activity has eighteen days of free float. The project manager should: a. Reschedule the activity that has no float. b. Reschedule the activity with float. c. Ask the engineer to work overtime. d. Reschedule both activities to take advantage of the float on each. 30. A project manager looks at her schedule and sees that there has been a delay in completing a task. It seems practical to move a person from another task that is an expert on the work that is behind. There is a choice of using two different persons that are working on two different tasks. One person is working on a task that has five days of free float and the other is working on a task that has eight days of total float and no free float. Which person should be used to help out? a. The person working on the task with free float of five days. b. The person working on the task with total float of eight days. 9618$$ CH12 09-06-02 15:00:21 PS TEAMFLY Team-Fly ® 252 Preparing for the Project Management Professional Certification Exam c. Either person can be used. d. A person should be brought in from outside the project. 31. In the first attempt in resource leveling the project schedule, what would you expect to occur? a. The number of required resources will increase during certain time periods of the project. b. The number of required resources will decrease during certain time periods of the project. c. The overall project duration will increase. d. The overall project duration will decrease. 32. According to the Guide to the PMBOK, work packages can be divided into: a. Smaller work packages. b. Tasks. c. Activities. d. Subprojects. 33. A project is nearly 33% complete according to the earned value report- ing method. An identified risk has occurred, and the project manager has chosen to draw funds from the contingency fund and add the activi- ties necessary to deal with the problems associated with the risk. What should he do next? a. The schedule should not be changed. Original plans should have allowed for this delay. b. The budget money set aside for the risk should be released, but there is not a need for a schedule change. c. The schedule and budget baselines should be changed, to show the new work. d. The budget baseline should be changed, but the work should be done within the schedule as it is. 34. The key inputs to activity definition are: a. Work breakdown structure, the project schedule, and the network diagram. b. Project schedule, progress reports, and change requests. [...]... 254 Preparing for the Project Management Professional Certification Exam 38 The project manager for a project is going to use the PERT method of scheduling for the project that she is working on Using the PERT calculation the variance for the project is found to be 25 days and the duration of the project is found to be 169 days What is the range of values for the project duration such that there will be... a The schedule performance index will remain the same for the re­ maining part of the project b The cost performance index will remain the same for the remaining part of the project Cost Management 261 c The BAC will be different by the end of the project d The EAC will continuously increase for the remaining portion of the project 24 What factors need to be known in order to be able to calculate the. .. describes the cost baseline? a b c d Total budget for the project Time phased budget for the project Total budget for the project including the contingency budget Total budget for the project including the contingency budget and the management reserve 7 A project is formed to produce a product that will be used for transport­ ing people Costs that are associated with the project that occur after the delivery...Time Management 253 c The project network diagram, constraints, and durations d The work breakdown structure, the scope statement, and historical information that supports the applicable activity 35 A project manager is approached by the major stakeholder in the project and is asked to reduce the time for the scheduled completion of the project The project manager reviews the project plans and the progress... Quantifying the estimate Historical support for the figures used AM FL Y a b c d 29 A project manager is preparing the budget for the project There are several inputs to the budgeting process that the project manager will use One of the things that the project manager will not use is the: Cost estimates Project schedule Cost baseline Work breakdown structure TE a b c d Use the following information for questions... a medical insurance claim The team member comes to the project 268 Preparing for the Project Management Professional Certification Exam manager and explains the problem The problem is the responsibility of the: a b c d Project team Project manager Executive manager Human Resources Department 10 The organization that is a formalized structure where the project teams and the project managers reside is... The BAC is equal to the EV 12 The time phased cost of the project that reflects the expenditures rather than the consumption of a resource that will be used to measure and monitor cost performance on a project is the: 258 Preparing for the Project Management Professional Certification Exam a b c d Spending plan Cost baseline WBS Schedule 13 A large piece of equipment is needed for the project It will be... Less accurate Both have about the same accuracy More accurate No different to perform that the top down estimate 4 A project manager and the project team identify several specific risks in a project The expected value of these risks is estimated at $10,000 The 255 256 Preparing for the Project Management Professional Certification Exam impact on the project brought about by these risks is estimated at... manager of a new project wants to get things started in a positive way with the project team The project manager wants the team members to get to know one another, to introduce the project team and the project manager to one another, to discuss the objectives and goals of the project, and to identify some of the potential problem areas This meeting is called a: a b c d Project team meeting Project kick... should be used for questions 33, 34, and 35 A project manager is assigned to a project early in the project life cycle One of the things that must be done is to do a justification for the project Since very little information is known about the project, the estimate is considered to be rough estimates The following table is the manager’s estimate of the cash flows that will take place over the next five . The schedule performance index will remain the same for the re- maining part of the project. b. The cost performance index will remain the same for the remaining part of the project. 96 18$ $. describes the cost baseline? a. Total budget for the project b. Time phased budget for the project c. Total budget for the project including the contingency budget d. Total budget for the project. 96 18$ $ CH12 09-06-02 15:00:17 PS 246 Preparing for the Project Management Professional Certification Exam 8. If there is a delay in activity F of six days, what is the effect on the project