A team of engineers is reviewing the architecture diagram for a new ERP system being deployed at a large accounting firm. The engineers are discussing the impact of the failure of each node in the diagram on overall availability of the final product. The intent of the discussion is to minimize the likelihood of failure and the effects of any failure. What is this called?
A. SWOT Analysis
B. Quantitative Analysis
C. Failure Mode and Effect Analysis
D. Deming Cycle
You are a certified PMP, and have been contact by PMI as part of an investigation they are conducting into allegations of improper conduct by your manager, also a PMP. A complaint has been filed stating that your manager has received bribes related to a large procurement contract on another project. PMI has asked if you would be able to provide information regarding this situation. What should you do?
A. Confront your manager.
B. Send PMI project documentation and emails related to the allegations to assist with their investigation.
C. Notify the appropriate management immediately.
D. Do nothing, citing a conflict of interest.
You are the project manager managing a project to design a print head for dot matrix printers. In order to determine ideal settings for print quality, the quality manager of the company suggests trying out various scenarios for printing by varying certain parameters on the print head. Identifying such variables which influence the product or process under development is called:
A. Benchmarking
B. Design of Experiments
C. Statistical Sampling
D. Brainstorming
Midway through a project, a project manager determined that the project was running way behind schedule. If the project manager needs to shorten the project schedule, without changing the project scope, which of the following schedule compression techniques could be applied?
A. Crashing
B. Reserve Analysis
C. Forecasting
D. Last Tracking
As a project manager, you are performing various project performance measurements to assess the magnitude of variation. You then attempt to determine the cause and decide whether corrective action is required. This would be known as:
A. Scope Analysis
B. Variance Analysis
C. Performance Reporting
D. Configuration Management
A project manager is looking at a make-or-buy analysis as part of the Plan Procurement Management process. What type of costs should the project manager consider for this analysis?
A. Direct costs
B. Indirect costs
C. Out-of-pocket costs
D. Both direct as well as indirect costs
Failure Mode and Effect Analysis (FMEA) is a non-proprietary approach to Quality Management. This is an analytical procedure in which:
A. The effect of varying the various parameters that make up a process is determined by trying out various combinations of the parameters.
B. Each potential failure mode in every component of a product is analyzed to determine its effect on the reliability of that component and, by itself or in combination with other possible failure modes, on the reliability of the product.
C. A set of experts are asked to provide inputs on the reasons for failure of a product and corrective action is then taken.
D. A list of historical causes for failure of a similar product is analyzed to determine the possible failure modes.
Jane is the project manager for a healthcare facility construction project. She is currently holding a board briefing and updating the project’s current status to the board members. When Jane was presenting her project risks, the chairman suggested some preventive actions. What should Jane do first?
A. Jane should politely deny the request
B. Jane should write a change request
C. Jane should directly update the project management plan as the request has come from the Chairman
D. Jane should escalate the issue to the project sponsor
During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct?
A. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate.
B. The EAC forecast is best estimated using the estimate to complete (ETC) work performed considering both SPI and CPI factors.
C. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the present CPI.
D. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the budgeted rate.
You are managing a medium sized construction project, and are reviewing some invoices from the electrical contractor. You see that materials not required for your project have been included on the invoice. After making a few phone calls it becomes clear that one of your project resources asked one of the vendor’s staff to add a few extra circuits to one part of the building. This change was never approved through the change management process. What do you do?
A. Notify the manager of your project resource that he failed to follow proper processes.
B. Refuse to pay the charges.
C. Call a team meeting to determine how this will impact the project, then inform stakeholders of the impacts.
D. Immediately inform the project stakeholders of the unauthorized scope change. Then call a team meeting to determine the impact to the project.