A ___________ is a collection of projects or programs grouped together for strategic business needs.
A. Portfolio
B. Management System
C. Enterprise
D. Array
A ___________ is a collection of projects or programs grouped together for strategic business needs.
A. Portfolio
B. Management System
C. Enterprise
D. Array
John is attempting to calculate the average financial impact of some future uncertain scenarios. What method could he use?
A. Pareto analysis
B. Earned value analysis
C. Variance analysis
D. Expected monetary value analysis
Which of the following is a tool or technique used in the Monitor and Control Project Work process?
A. Expert judgment
B. Rejected change requests
C. Earned value technique
D. Change control tools
Which of the following is accurate regarding Project Integration Management?
A. Project deliverables are not part of Integration Management
B. It involves the integration of process groups and not individual processes
C. The need for it becomes evident in situations where individual processes interact
D. It involves disregarding trade-offs and focuses on clearly articulating how accomplish all requirements by the deadline
As project manager, you find you are constantly dealing with conflict amongst your team members. Everyone argues over sharing available project resources so you plan to use a conflict resolution method to alleviate the tension between team members. What conflict resolution method is NOT recognized by the Project Management Institute?
A. Forcing
B. Withdrawal
C. Elaboration
D. Smoothing
Which of the following is the correct statement regarding the Identify Stakeholders process?
A. It is a discrete process.
B. It is an optional process.
C. It is an iterative process.
D. It is a planning process.
A project manager is estimating project costs and needs to decide whether the estimates will include only direct costs, or whether the estimates will also include indirect costs. In which of the following phases does this decision need to take place?
A. Define Scope
B. Estimate Costs
C. Plan Expenses
D. Determine Budget
Due to unforeseen circumstances your supplier has run out of the cement needed for your construction project. What is the BEST strategy for dealing with this issue?
A. Implement a workaround
B. Implement the contingency response strategy
C. Refer to the risk register
D. Refer to probability and impact matrix
You are a project manager for KTmart and are currently engaged in a highly visible project. The company is about to implement an independent review to ensure that the project work is continuing to comply with the project’s policies, processes, and procedures. During which process would this review occur?
A. Close Project or Phase
B. Control Quality
C. Monitor Risks
D. Manage Quality
You are managing a software development project. The project will involve working with a remote team. One of the requirements is to set up a secure communication link. The lead-time to setup the link is 45 days. Since the initial phase of the project involves requirements gathering, you feel that the link is required only after 3 months and are planning accordingly. You would typically do this planning activity in:
A. The Conduct Procurements process
B. The Define Activities process
C. The Plan Procurement Management process
D. The Control Procurements process