ExamGecko

IIBA CBAP Practice Test - Questions Answers, Page 22

Question list
Search
Search

List of questions

Search

Related questions






The table illustrates the statement of cash flows for a courier company for the last fiscal year. Due to aggressive market competition, the management of the company performed a strategy review and based on their findings and the current market conditions they came up with strategic and tactical changes in order to keep a competitive market position. In order to strengthen customer retention strategies through a new competitive advantage, the company is considering implementing a live parcel tracking system. The added value will be that the customers may determine the exact location of the parcel whether it is in a warehouse, crossing the ocean through an overseas ship, or travelling in a delivery truck at any time. The system tracks the location of the parcel by tracking the vehicle in which it is contained. However, for a group of old delivery trucks, it was noticed that the engine sound and vibration disturbed the tracking signal and caused interruptions. Therefore, the tracking does not perform accurately on these vehicles. Although the majority of management would like to sell these vehicles and replace them with newer ones, the Chief Financial Officer (CFO) was strongly against that approach. The CFO argued that instead of hanging tracking devices on the trucks' body, they can have the truck drivers manually send the truck location from a hand held mobile device every 30 minutes. The company has a total of 134 old delivery trucks that have been in service for 10 years. Each vehicle was bought at a price of $22,000. Depreciation is done using a straight line basis and it is estimated that the vehicle depreciates at $1000 per year. The estimated salvage value per vehicle is about $3,000. Another area of tactical improvement for the courier company is pricing. The management strongly believes that they can start a price war with the most aggressive competitor. Management thinks, with their variable cost of $4 per parcel and fixed cost of $6 per parcel, they can win the market. However, after implementing the tracking solution, fixed cost will jump to $8 per parcel which made management reconsider their options. The competitor has variable costs of $5 per parcel and fixed costs o $7 per parcel. The CFO's resistance to replacing the older vehicles represents which type of cost?





Question 211

Report
Export
Collapse

Which of the following charts is a quality control tool to show categories of defects?

A.
Pareto chart
A.
Pareto chart
Answers
B.
RACI chart
B.
RACI chart
Answers
C.
Gantt chart
C.
Gantt chart
Answers
D.
RAM chart
D.
RAM chart
Answers
Suggested answer: A
asked 18/09/2024
Felix Bourdier
47 questions

Question 212

Report
Export
Collapse

Which one of the following diagrams when properly laid out is always laid in a left to right display to properly reflect the chronology of all project work?

A.
Influence diagram
A.
Influence diagram
Answers
B.
Project schedule network diagram
B.
Project schedule network diagram
Answers
C.
Arrow diagramming method
C.
Arrow diagramming method
Answers
D.
Time-scaled schedule network diagram
D.
Time-scaled schedule network diagram
Answers
Suggested answer: B
asked 18/09/2024
Joshua Paffen
20 questions

Question 213

Report
Export
Collapse

Which of the following is a visual decomposition of the program scope and the resources needed in order to create the things defined within the program scope?

A.
Resource breakdown structure (RBS)
A.
Resource breakdown structure (RBS)
Answers
B.
product breakdown structure (PBS)
B.
product breakdown structure (PBS)
Answers
C.
Budgeted Cost of Work Scheduled (BCWS)
C.
Budgeted Cost of Work Scheduled (BCWS)
Answers
D.
Work Breakdown Structure (WBS)
D.
Work Breakdown Structure (WBS)
Answers
Suggested answer: A
asked 18/09/2024
Clive Roberts
47 questions

Question 214

Report
Export
Collapse

When does the lessons learned document is updated?

A.
At planning phase.
A.
At planning phase.
Answers
B.
At execution phase.
B.
At execution phase.
Answers
C.
At closing phase.
C.
At closing phase.
Answers
D.
Throughout the project lifecycle.
D.
Throughout the project lifecycle.
Answers
Suggested answer: D
asked 18/09/2024
Abdullah Mousa
45 questions

Question 215

Report
Export
Collapse

Which of the following stages of a project defines the number of risks and opportunities, including intense planning and anticipation of risk events?

A.
Planning
A.
Planning
Answers
B.
Executing
B.
Executing
Answers
C.
Initiation
C.
Initiation
Answers
D.
Closing
D.
Closing
Answers
Suggested answer: C
asked 18/09/2024
Colin Ng
46 questions

Question 216

Report
Export
Collapse

Which of the following roles works with the project team to understand the deliverables and then teaches the users of the deliverables how to utilize the project's product?

A.
End user
A.
End user
Answers
B.
Database analyst
B.
Database analyst
Answers
C.
Stakeholder
C.
Stakeholder
Answers
D.
Trainer
D.
Trainer
Answers
Suggested answer: D
asked 18/09/2024
JEAN-MARIE HERMANT
48 questions

Question 217

Report
Export
Collapse

Which of the following qualitative techniques involves a disciplined analysis of the event sequences that could transform a potential hazard into an accident?

A.
Failure mode and effects criticality analysis
A.
Failure mode and effects criticality analysis
Answers
B.
HAZOP technique
B.
HAZOP technique
Answers
C.
Failure mode and effects analysis
C.
Failure mode and effects analysis
Answers
D.
Preliminary Risk Analysis
D.
Preliminary Risk Analysis
Answers
Suggested answer: D
asked 18/09/2024
Anu V
42 questions

Question 218

Report
Export
Collapse

Which of the following establishes organizational checks and balances with a proper segregation of front, back, and middle office functions for effective risk management?

A.
Risk response plan
A.
Risk response plan
Answers
B.
Risk analysis
B.
Risk analysis
Answers
C.
Risk management plan
C.
Risk management plan
Answers
D.
Risk governance
D.
Risk governance
Answers
Suggested answer: D
asked 18/09/2024
Gale Morgan
45 questions

Question 219

Report
Export
Collapse

As a program manager, you decided to overlap two phases of your program.

Which of the following terms best describe your act?

A.
Lead time
A.
Lead time
Answers
B.
Rolling
B.
Rolling
Answers
C.
Fast tracking
C.
Fast tracking
Answers
D.
Crashing
D.
Crashing
Answers
Suggested answer: C
asked 18/09/2024
Timothy Brown
33 questions

Question 220

Report
Export
Collapse

Which of the following software development life cycles is a methodology that divides the project into phases, and the project manager focuses on control of time, cost, and scope?

A.
Spiral
A.
Spiral
Answers
B.
Agile
B.
Agile
Answers
C.
Waterfall
C.
Waterfall
Answers
D.
Incremental
D.
Incremental
Answers
Suggested answer: C
asked 18/09/2024
bijay ghimire
37 questions
Total 498 questions
Go to page: of 50