Question 1

Briefly describe the six processes for risk management identified in the PMBOK Guidelines.

Accepted Answer

Risk management planning is focused on how to approach and plan the risk management activities for a project. In risk identification, the risks that can affect the project for better or for worse are identified. In qualitative risk analysis, non-numerical priorities are established for the risk events identified previously. In quantitative risk analysis, probability and impact are converted into expected monetary value. In risk response planning, contingency plans are established to capture opportunities and respond to threats. In risk monitoring and control, warning signs and triggers are used to determine when corrective actions are required to bring the project back on track.
Refer to the section: Project Risk Management.

Question 2

Which of the following is not a type of quantitative risk analysis?

Accepted Answer

A) FMEA 
B) decision tree analysis 
C) Monte Carlo simulation 
D) expert opinion 
A) FMEA 
B) decision tree analysis 
C) Monte Carlo simulation 
D) expert opinion D

Question 3

A __________ must be submitted for any changes requested after the project plan has been approved.

Accepted Answer

change order

Question 4

The major tool that a project manager uses during the planning phase is called the __________.

Accepted Answer

WBS (Work

Question 5

In risk response planning, where the goal of the project manager is to increase the probability the opportunity will occur, the project manager must __________

Accepted Answer

A) exploit 
B) share 
C) enhance 
D) accept 
A) exploit 
B) share 
C) enhance 
D) accept

Question 6

The process of coordinating the work and timing of the different groups working on multidisciplinary teams is called __________.

Accepted Answer

A) procurement management 
B) integration management 
C) vertical management 
D) matrix management 
A) procurement management 
B) integration management 
C) vertical management 
D) matrix management

Question 7

This project plan element lists all milestone events. It identifies the estimated time for each task and is used to construct the master project schedule.

Accepted Answer

A) budget 
B) schedule 
C) personnel plan 
D) evaluation methods 
A) budget 
B) schedule 
C) personnel plan 
D) evaluation methods

Question 8

According to the authors, the task of risk identification will be horrendous if the risk management system has no memory. Discuss the important elements of a risk management system that would compensate for alack of memory by the organization.

Accepted Answer

A good risk management system should be

Question 9

This project plan element describes both the managerial and the technical approaches to the work. The technical discussion describes the relationship of the project to available technologies.

Accepted Answer

A) overview 
B) objectives 
C) general approach 
D) contractual aspects 
A) overview 
B) objectives 
C) general approach 
D) contractual aspects

Question 10

The __________is a list of the project activities with major activities broken down into subactivities.

Accepted Answer

A) linear responsibility chart 
B) PCMCIA 
C) activity prioritization 
D) WBS 
A) linear responsibility chart 
B) PCMCIA 
C) activity prioritization 
D) WBS

Question 11

This project plan element should include profit and competitive goals as well as technical goals.

Accepted Answer

A) overview 
B) objectives 
C) general approach 
D) contractual aspects 
A) overview 
B) objectives 
C) general approach 
D) contractual aspects

Question 12

Agile IT project teams are typically __________ and located at __________.

Accepted Answer

A) large, a single site 
B) small, multiple sites 
C) large, multiple sites 
D) small, a single site 
A) large, a single site 
B) small, multiple sites 
C) large, multiple sites 
D) small, a single site

Question 13

Identify two objections commonly raised by marketing organizations against the early participation by engineering and manufacturing in the selling process to external customers. Explain how you would counter these objections.

Accepted Answer

The sales arm of the organization is tra

Question 14

The project plan must be designed in such a way that the project outcome meets __________.

Accepted Answer

A) the objectives of the parent organization 
B) unauthorized requests for change in the project outcome 
C) the requirements associated with scope creep 
D) only the expressed warranties identified in the contract 
A) the objectives of the parent organization 
B) unauthorized requests for change in the project outcome 
C) the requirements associated with scope creep 
D) only the expressed warranties identified in the contract

Question 15

The __________ provides a description of a task that defines all the work required to accomplish it, including inputs and desired outputs.

Accepted Answer

The answer of The __________ provides a description of a...

Question 16

The set of physical elements required to build a project is called the __________.

Accepted Answer

The answer of The set of physical elements required to...

Question 17

Describe the general steps recommended by the authors for designing and using the WBS.

Accepted Answer

Step 1: Using information from the actio

Question 18

__________ is the tendency for the project objectives to be changed with little or no discussion with other parties actively engaged in the project.

Accepted Answer

A) Scope reference 
B) Scope creep 
C) Effectiveness 
D) Hierarchical planning 
A) Scope reference 
B) Scope creep 
C) Effectiveness 
D) Hierarchical planning

Question 19

According to the authors, any project plan must contain all of the following EXCEPT __________.

Accepted Answer

A) evaluation methods 
B) contractual aspects 
C) resources 
D) a 'ballpark' estimate 
A) evaluation methods 
B) contractual aspects 
C) resources 
D) a 'ballpark' estimate

Question 20

The __________ is a specialized view of the action plan that focuses on who has what responsibility for each project task.

Accepted Answer

A) resource histogram 
B) linear responsibility chart 
C) project team directory 
D) scope management plan 
A) resource histogram 
B) linear responsibility chart 
C) project team directory 
D) scope management plan

Briefly describe the six processes for risk management identified in the PMBOK Guidelines.

Which of the following is not a type of quantitative risk analysis?

A __________ must be submitted for any changes requested after the project plan has been approved.

The major tool that a project manager uses during the planning phase is called the __________.

In risk response planning, where the goal of the project manager is to increase the probability the opportunity will occur, the project manager must __________

The process of coordinating the work and timing of the different groups working on multidisciplinary teams is called __________.

This project plan element lists all milestone events. It identifies the estimated time for each task and is used to construct the master project schedule.

According to the authors, the task of risk identification will be horrendous if the risk management system has no memory. Discuss the important elements of a risk management system that would compensate for alack of memory by the organization.

This project plan element describes both the managerial and the technical approaches to the work. The technical discussion describes the relationship of the project to available technologies.

The __________is a list of the project activities with major activities broken down into subactivities.

This project plan element should include profit and competitive goals as well as technical goals.

Agile IT project teams are typically and located at .

Identify two objections commonly raised by marketing organizations against the early participation by engineering and manufacturing in the selling process to external customers. Explain how you would counter these objections.

The project plan must be designed in such a way that the project outcome meets __________.

The __________ provides a description of a task that defines all the work required to accomplish it, including inputs and desired outputs.

The set of physical elements required to build a project is called the __________.

Describe the general steps recommended by the authors for designing and using the WBS.

__________ is the tendency for the project objectives to be changed with little or no discussion with other parties actively engaged in the project.

According to the authors, any project plan must contain all of the following EXCEPT __________.

The __________ is a specialized view of the action plan that focuses on who has what responsibility for each project task.

Projects in Contemporary Organizations

The Project in the Organizational Structure

Strategic Management and Project Selection

The Project Manager

Negotiation and the Management of Conflict

Budgeting and Cost Estimation

Scheduling

Resource Allocation

Monitoring and Information Systems

Project Control

Project Auditing

Filters

Exam 6: Project Activity Planning

Briefly describe the six processes for risk management identified in the PMBOK Guidelines.

Which of the following is not a type of quantitative risk analysis?

A __________ must be submitted for any changes requested after the project plan has been approved.

The major tool that a project manager uses during the planning phase is called the __________.

In risk response planning, where the goal of the project manager is to increase the probability the opportunity will occur, the project manager must __________

The process of coordinating the work and timing of the different groups working on multidisciplinary teams is called __________.

This project plan element lists all milestone events. It identifies the estimated time for each task and is used to construct the master project schedule.

According to the authors, the task of risk identification will be horrendous if the risk management system has no memory. Discuss the important elements of a risk management system that would compensate for alack of memory by the organization.

This project plan element describes both the managerial and the technical approaches to the work. The technical discussion describes the relationship of the project to available technologies.

The __________is a list of the project activities with major activities broken down into subactivities.

This project plan element should include profit and competitive goals as well as technical goals.

Agile IT project teams are typically __________ and located at __________.

Identify two objections commonly raised by marketing organizations against the early participation by engineering and manufacturing in the selling process to external customers. Explain how you would counter these objections.

The project plan must be designed in such a way that the project outcome meets __________.

The __________ provides a description of a task that defines all the work required to accomplish it, including inputs and desired outputs.

The set of physical elements required to build a project is called the __________.

Describe the general steps recommended by the authors for designing and using the WBS.

__________ is the tendency for the project objectives to be changed with little or no discussion with other parties actively engaged in the project.

According to the authors, any project plan must contain all of the following EXCEPT __________.

The __________ is a specialized view of the action plan that focuses on who has what responsibility for each project task.

Projects in Contemporary Organizations

The Project in the Organizational Structure

Strategic Management and Project Selection

The Project Manager

Negotiation and the Management of Conflict

Budgeting and Cost Estimation

Scheduling

Resource Allocation

Monitoring and Information Systems

Project Control

Project Auditing

Filters

Agile IT project teams are typically and located at .