Which activity is an input to the Conduct Procurements process?

Perform Integrated Change Control

Which of the following investigates the likelihood that each specific risk will occur?

Risk probability and impact assessment

Which tool or technique of Plan Quality involves comparing actual or planned practices to those of other projects to generate ideas for improvement and provide a basis by which to measure performance?

Performance measurement analysis

Which of the following is an enterprise environmental factor that can influence the Develop Project Charter process?

Organizational standard processes

Organizations perceive risks as:

the effect of uncertainty on their project and organizational objectives.

events that will inevitably impact project and organizational objectives.

the effect of uncertainty on their project and organizational objectives.

events which could have a negative impact on project and organizational objectives.

the negative impact of undesired events on their project and organizational objectives.

Who, along with the project manager, is supposed to direct the performance of the planned project activities and manage the various technical and organizational interfaces that exist within the project?

The customer and functional managers

The risk owners and stakeholders

Which enterprise environmental factors are considered during Estimate Costs?

Market conditions and published commercial information

Company structure and market conditions

Commercial information and company structure

Existing human resources and market conditions

Who selects the appropriate processes for a project?

Project manager and project team

Project sponsor and project stakeholder

Project manager and project team

Project manager and project sponsor

Which is an example of Administer Procurements?

Developing the statement of work

Establishing evaluation criteria

An input to the Create WBS process is a:

requirements traceability matrix.

The Verify Scope process is primarily concerned with:

formalizing acceptance of the completed project deliverables.

accuracy of the work deliverables.

formalizing approval of the scope statement.

accuracy of the work breakdown structure (WBS).

Portfolio Management is management of:

a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.

a project by dividing the project into more manageable sub-projects.

a project by utilizing a portfolio of general management skills such as planning, organizing, staffing, executing, and controlling.

all projects undertaken by a company.

a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.

Which action should a project manager take to ensure that the project management plan is effective and current?

Conduct periodic project performance reviews.

Identify quality project standards.

Follow ISO 9000 quality standards.

Complete the quality control checklist.

While implementing an approved change, a critical defect was introduced. Removing the defect will delay the product delivery. What is the MOST appropriate approach to managing this situation?

Utilize the change control process.

Crash the schedule to fix the defect.

Leave the defect in and work around it.

Fast-track the remaining development.

Which is a tool or technique used in Define Scope?

Templates, forms, and standards

Identifying major deliverables, deciding if adequate cost estimates can be developed, and identifying tangible components of each deliverable are all part of which of the following?

Organizational breakdown structure

What is the function of a Project Management Office (PMO)?

To focus on the coordinated planning, prioritization, and execution of projects and subprojects that are tied to the parent organizations or the client's overall business objectives.

To coordinate and manage the procurement of projects relevant to the parent organization's business objectives and to administer the project charters accordingly.

To administer performance reviews for the project manager and the project team members and to handle any personnel and payroll issues.

To focus on the specified project objectives and to manage the scope, schedule, cost, and quality of the work packages.

When is a project finished?

When the project objectives have been met

After verbal acceptance of the customer or sponsor

After lessons learned have been documented in contract closure

When the project objectives have been met

After resources have been released

Which process documents the business needs of a project and the new product, service, or other result that is intended to satisfy those requirements?

Develop Project Management Plan

Direct and Manage Project Execution

Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?

Perform Qualitative Risk Analysis

Perform Quantitative Risk Analysis

What is one of the objectives of Project Risk Management?

Increase the probability and impact of positive events.

Decrease the probability and impact of an event on project objectives.

Distinguish between a project risk and a project issue so that a risk mitigation plan can be put in place.

Increase the probability and impact of positive events.

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