Question 1

The initial project meeting is just to coordinate the project, so areas of responsibility do not need to be discussed.

Accepted Answer

A) True 
 B)False  False

Question 2

Finding ways of reducing negative impacts on the project as well as enhancing positive impacts.

Accepted Answer

A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning 
A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning E

Question 3

Which of the following is not a category in the RACI matrix?

Accepted Answer

A)  Responsible 
B)  Interpret 
C)  Accountable 
D)  Consult 
E)  Inform 
A)  Responsible 
B)  Interpret 
C)  Accountable 
D)  Consult 
E)  Inform B

Question 4

Lack of planning is a major contributor to failures of projects.

Accepted Answer

A) True 
 B)False

Question 5

Mind mapping is a planning tool.

Accepted Answer

A) True 
 B)False

Question 6

The results of the launch meeting include:

Accepted Answer

A)  finalizing the project team 
B)  finalizing the project's schedule 
C)  finalizing the project's budget 
D)  the project's scope is understood 
E)  selecting the project champion 
A)  finalizing the project team 
B)  finalizing the project's schedule 
C)  finalizing the project's budget 
D)  the project's scope is understood 
E)  selecting the project champion

Question 7

Roger is a scientist who is developing a new drug to cure cancer. He lists five possible ways in which the drug might fail. He ranks the severity of the consequences of each failure, the likelihood of each failure's occurrence, and the ease of detection of each failure on a scale of 1 to 10. In the context of Failure Mode and Effect Analysis, which of the following failures has the highest Risk Priority Number (RPN)?

Accepted Answer

A)  Failure one with a severity of 4, a likelihood of 4, and an ease of detection of 7 
B)  Failure two with a severity of 7, a likelihood of 5, and an ease of detection of 2 
C)  Failure three with a severity of 8, a likelihood of 4, and an ease of detection of 4 
D)  Failure four with a severity of 5, a likelihood of 5, and an ease of detection of 6 
E)  Failure five with a severity of 2, a likelihood of 4, and an ease of detection of 7 
A)  Failure one with a severity of 4, a likelihood of 4, and an ease of detection of 7 
B)  Failure two with a severity of 7, a likelihood of 5, and an ease of detection of 2 
C)  Failure three with a severity of 8, a likelihood of 4, and an ease of detection of 4 
D)  Failure four with a severity of 5, a likelihood of 5, and an ease of detection of 6 
E)  Failure five with a severity of 2, a likelihood of 4, and an ease of detection of 7

Question 8

Developing a plan for risk management activities.

Accepted Answer

A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning 
A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning

Question 9

One key scrum artifact is the product backlog, which contains a complete list of the requirements for the product being developed or improved.

Accepted Answer

A) True 
 B)False

Question 10

Explain the process of developing a WBS.

Accepted Answer

To develop a work breakdown structure (W

Question 11

As a rule of thumb, the lowest level tasks in a typical project should not take longer than two days to complete.

Accepted Answer

A) True 
 B)False

Question 12

The project manager can plan at all levels of the project.

Accepted Answer

A) True 
 B)False

Question 13

The sprint backlog is updated at the end of each week to reflect the progress that has been made and therefore provides a real-time p

Accepted Answer

A) True 
 B)False

Question 14

Define hierarchical planning.

Accepted Answer

Hierarchical planning is used to develop

Question 15

Risk identification is a part of risk management.

Accepted Answer

A) True 
 B)False

Question 16

The primary purpose of the launch meeting is to develop the project plan and budget.

Accepted Answer

A) True 
 B)False

Question 17

While the design structure matrix can help identify potential rework situations, typically nothing can be done to avoid them.

Accepted Answer

A) True 
 B)False

Question 18

RACI stands for remove all cost information.

Accepted Answer

A) True 
 B)False

Question 19

FMEA stands for

Accepted Answer

A)  Financial Methods and Efficiency Analysis 
B)  Failure Modes and Effect Analysis 
C)  Full Monetary Expenditure Accrual 
D)  Financial Measurement of Expenses Accrued 
E)  Factor Mode and Efficiency Analysis 
A)  Financial Methods and Efficiency Analysis 
B)  Failure Modes and Effect Analysis 
C)  Full Monetary Expenditure Accrual 
D)  Financial Measurement of Expenses Accrued 
E)  Factor Mode and Efficiency Analysis

Question 20

Finding those risks that might affect the project.

Accepted Answer

A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning 
A)  Risk management planning 
B)  Risk identification 
C)  Qualitative risk analysis 
D)  Quantitative risk analysis 
E)  Risk response planning

The initial project meeting is just to coordinate the project, so areas of responsibility do not need to be discussed.

Finding ways of reducing negative impacts on the project as well as enhancing positive impacts.

Which of the following is not a category in the RACI matrix?

Lack of planning is a major contributor to failures of projects.

Mind mapping is a planning tool.

The results of the launch meeting include:

Developing a plan for risk management activities.

One key scrum artifact is the product backlog, which contains a complete list of the requirements for the product being developed or improved.

Explain the process of developing a WBS.

As a rule of thumb, the lowest level tasks in a typical project should not take longer than two days to complete.

The project manager can plan at all levels of the project.

The sprint backlog is updated at the end of each week to reflect the progress that has been made and therefore provides a real-time p

Define hierarchical planning.

Risk identification is a part of risk management.

The primary purpose of the launch meeting is to develop the project plan and budget.

While the design structure matrix can help identify potential rework situations, typically nothing can be done to avoid them.

RACI stands for remove all cost information.

FMEA stands for

Finding those risks that might affect the project.

The World of Project Management

The Manager, the Organization, and the Team

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters

Exam 3: Planning the Project

The initial project meeting is just to coordinate the project, so areas of responsibility do not need to be discussed.

Finding ways of reducing negative impacts on the project as well as enhancing positive impacts.

Which of the following is not a category in the RACI matrix?

Lack of planning is a major contributor to failures of projects.

Mind mapping is a planning tool.

The results of the launch meeting include:

Developing a plan for risk management activities.

One key scrum artifact is the product backlog, which contains a complete list of the requirements for the product being developed or improved.

Explain the process of developing a WBS.

As a rule of thumb, the lowest level tasks in a typical project should not take longer than two days to complete.

The project manager can plan at all levels of the project.

The sprint backlog is updated at the end of each week to reflect the progress that has been made and therefore provides a real-time p

Define hierarchical planning.

Risk identification is a part of risk management.

The primary purpose of the launch meeting is to develop the project plan and budget.

While the design structure matrix can help identify potential rework situations, typically nothing can be done to avoid them.

RACI stands for remove all cost information.

FMEA stands for

Finding those risks that might affect the project.

The World of Project Management

The Manager, the Organization, and the Team

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Evaluating and Terminating the Project

Filters