POST TEST

Dallas is a junior project manager for an IT consulting company. He has just started working on the budget for his software development project. But, he is not sure to include indirect costs such as legal expenses, maintenance expenses and other administrative costs in the project budget. Upon consulting an organizational expert, he learns that the indirect costs were never a part of the project budget in his organization before. However, he is required to document the assumptions in regard to exclusion of indirect expenses in the project budget. In order to document why the indirect costs are not part of the budget, Dallas must use:

• Scope baseline
• Cost performance baseline
• Basis of estimates
• Activity cost estimates

Simulation, probabilistic, and ensemble are methods used in

• Manage Project Team
• Develop Project Team
• Identify Stakeholders
• Forecasting

Brian is a junior project manager who has started planning for a rather complex project for the first time. He is trying to understand the details of work that will be performed by various people in the project. In order to avoid confusion, he would like to break the work progressively into smaller pieces in a logical way to manage the work more efficiently. This effort is known as:

• Progressive elaboration
• Decomposition
• WBS definition
• Division

The process of identifying and documenting relationships among the project activities is called

• Monte Carlo Analysis
• Sequence Activities
• Critical Path Analysis
• Earned Value Analysis

A project manager must learn to apply knowledge, tools, and techniques in a project. In addition to those tools, an effective project manager must possess which of the following characteristics:

• All of the above
• Performance
• Knowledge
• Personal effectiveness

Which of the following is NOT an output of the Create WBS process?

• Functional & Non-functional requirements
• Code of account identifier & Description of work
• Product scope description & Product acceptance criteria
• Work breakdown structure (WBS)

You are running a Locomotive design project. Since you planned the manufacturing in two different locations, you would like to reduce the sensitivity of locomotive performance to sources of variation caused by manufacturing differences. You classify various factors like engine design, suspension, weight and change factors all at a time to determine the impact on the quality and use that information to design the best quality locomotive. The most appropriate tool to perform this analysis is known as:

• Design of experiments
• Benchmarking
• Flow charts
• Statistical sampling

Judy has been assigned as the project manager for an industrial chemical manufacturing project. During development of the charter, the budget for this project was estimated at $15 Million. However, funding cuts across the organization has resulted in decreased funding for this project with the reduced scope. If sponsor reduces project budget to $11 million just before planning phase, what should Judy do?

• Meet with stakeholders and get their opinion
• Redo the charter
• Update summary budget in the project charter
• Document the new budget as a constraint

Change requests status updates, project management plan updates, and project document updates are all outputs of which Monitoring and Controlling process?

• Monitor and Control Project Work
• Monitor and Control Risks
• Perform Quality Control
• Perform Integrated Change Control

Project processes are associated with inputs, techniques and outputs. Which of the following is the definition of a project process?

• A set of correlated actions and activities performed to complete a pre-defined product, service or result
• A temporary effort undertaken to create a unique product, service or result
• The divisions within a project to successfully control the completion of a major deliverable
• A set of activities performed to complete the work defined in the project management plan