PMP Practice Makes Perfect: Over 1000 PMP Practice Questions and Answers
By John A. Estrella, Charles Duncan, Sami Zahran and
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About this ebook
Without sufficient practice and preparation for taking the Project Management Institute's (PMI's) PMP® certification exam, you won't be able to actually put your skills into practice in the real world! To help you achieve your goal of passing the exam, this two-part prep book covers all elements of the brand-new Project Management Professional exam. A team of experts presents you with a solid overview of the exam as well as hundreds of questions, detailed answers, and explanations. In addition, each question is accompanied by cross-references, providing you with a thorough preparation foundation for taking the PMP® exam.
- Features hundreds of short questions-and-answers on some of the most key topics that PMPs should be familiar with before taking the exam
- Includes more than 800 exam-quality questions with detailed answers and explanations, plus more than 200 fill-in-the-blank, true/false, and short answer questions to help you prepare for the exam
- Serves as an ideal complement to Sybex's PMP®: Project Management Professional Exam Study Guide, 6th Edition
PMP® Practice Makes Perfect prepares you for taking the grueling 200-question, four-hour PMP® exam.
(PMBOK, PMI, PMP and Project Management Professional are registered marks of the Project Management Institute, Inc.)
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PMP Practice Makes Perfect - John A. Estrella
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Copyright © 2012 by John Wiley & Sons, Inc., Indianapolis, Indiana
Published simultaneously in Canada
ISBN: 978-1-118-16976-6
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TRADEMARKS: Wiley, the Wiley logo, and the Sybex logo are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates, in the United States and other countries, and may not be used without written permission. PMP is a registered trademark of Project Management Institute, Inc. All other trademarks are the property of their respective owners. John Wiley & Sons, Inc. is not associated with any product or vendor mentioned in this book.
10 9 8 7 6 5 4 3 2 1
Dear Reader,
Thank you for choosing PMP® Practice Makes Perfect: Over 1,000 PMP® Practice Questions and Answers. This book is part of a family of premium-quality Sybex books, all of which are written by outstanding authors who combine practical experience with a gift for teaching.
Sybex was founded in 1976. More than 30 years later, we’re still committed to producing consistently exceptional books. With each of our titles, we’re working hard to set a new standard for the industry. From the paper we print on, to the authors we work with, our goal is to bring you the best books available.
I hope you see all that reflected in these pages. I’d be very interested to hear your comments and get your feedback on how we’re doing. Feel free to let me know what you think about this or any other Sybex book by sending me an email at nedde@wiley.com. If you think you’ve found a technical error in this book, please visit http://sybex.custhelp.com. Customer feedback is critical to our efforts at Sybex.
Best regards,
edde_sig.tifNeil Edde
Vice President and Publisher
Sybex, an Imprint of Wiley
We would like to dedicate this book to the founders and volunteers of the Project Management Institute (PMI®).
—John, Charles, Sami, James, and Rubin
Acknowledgments
We would like to thank Luisito Pangilinan, A. J. Sobzak, Roserene Balana, Norma Nieves, Raymond Chung, and Barry Mascoe for their assistance with this book. Jeff Kellum, Jennifer Leland, Dassi Zeidel, Liz Welch, Pete Gaughan, Tim Tate, Richard Swadley, Neil Edde, Judy Fung, Bill Gibson, Craig Johnson, Sara Wilson, Ted Laux, Katherine Crocker, Ryan Sneed, and the rest of the team at Sybex who made this book possible—we cannot thank you enough! Our technical editors extraordinaire, Vanina Mangano and Dan Gindin, deserve a special mention for diligently reviewing all the questions for technical accuracy and providing valuable suggestions to ensure that the questions, options, and explanations are clear for the reader.
About the Authors
John A. Estrella, PhD, CMC, PMP® is the president of Agilitek Corporation, a management consulting firm that specializes in project management, business analysis, and software testing. As an international consultant, author, and speaker, John helps senior managers and executives in addressing issues associated with complex, large-scale, and risky projects.
Charles Duncan, PhD, PMP®, APM Practitioner Qualification manages a consulting group that specializes in software contract development, technical project troubleshooting, and management training. Charlie has considerable experience with the management of start-up and high-technology organizations and project management at ICL/Fujitsu, Hewlett-Packard R&D Labs, and Wang Laboratories.
Sami Zahran, PhD, PMP® has over three decades of experience in the software industry assuming senior positions with large organizations including ICL, the United Nations, DEC, and currently IBM. Sami regularly teaches courses on his areas of expertise and frequently speaks at numerous international conferences and workshops.
James L. Haner, PgMP, PMP® is the head of Ultimate Business Resources (UBR), a firm that offers business and project management consulting services to Fortune 500 companies in the United States, Europe, Africa, and China. James has more than 30 years of experience in business and IT.
Rubin Jen, BASc, P. Eng, PMP® has been in project management for over 15 years, spanning aerospace/engineering, telecom, information technology, outsourcing, and consulting industries with companies such as Bombardier Aerospace, Celestica, Organic Online, OnX Enterprise Solutions, and Accenture. Rubin is a speaker, writer, and instructor of project management.
Introduction
The Project Management Institute (PMI®) is the leader and most widely recognized organization in terms of promoting project management best practices. PMI® strives to maintain and endorse standards and ethics in this field and offers publications, training, seminars, chapters, special interest groups, and colleges to further the project management discipline.
PMI® was founded in 1969 and first started offering the Project Management Professional (PMP®) certification exam in 1984. PMI® is accredited as an American National Standards Institute (ANSI) standards developer and also has the distinction of being the first organization to have its certification program attain International Organization for Standardization (ISO) 9001 recognition.
PMI® boasts a worldwide membership of more than 265,000, with members from 170 different countries. Local PMI® chapters meet regularly and allow project managers to exchange information and learn about new tools and techniques of project management or new ways to use established techniques. We encourage you to join a local chapter and get to know other professionals in your field.
Why Become PMP® Certified?
The following benefits are associated with becoming PMP® certified:
It demonstrates proof of professional achievement.
It increases your marketability.
It provides greater opportunity for advancement in your field.
It raises customer confidence in you and in your company’s services.
Demonstrates Proof of Professional Achievement
PMP® certification is a rigorous process that documents your achievements in the field of project management. The exam tests your knowledge of the disciplined approaches, methodologies, and project management practices as described in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), 4th Edition.
You are required to have several years of experience in project management before sitting for the exam, as well as 35 hours of formal project management education. Your certification assures employers and customers that you are well grounded in project management practices and disciplines. It shows that you have the hands-on experience and a mastery of the processes and disciplines to manage projects effectively and motivate teams to produce successful results.
Increases Your Marketability
Many industries are realizing the importance of project management and its role in the organization. They are also seeing that simply proclaiming a head technician to be a project manager does not make it so. Project management, just like engineering, information technology, and a host of other trades, has its own specific qualifications and skills. Certification tells potential employers that you have the skills, experience, and knowledge to drive successful projects and ultimately improve the company’s bottom line.
A certification will always make you stand out above the competition. If you’re certified and you’re competing against a project manager without a certification, chances are you’ll come out as the top pick. Hiring managers, all other things being equal, will usually opt for the candidate who has certification over the candidate who doesn’t have it. Certification tells potential employers that you have gone the extra mile. You’ve spent time studying techniques and methods as well as employing them in practice. It shows dedication to your own professional growth and enhancement and adherence to advancing professional standards.
Provides Opportunity for Advancement
PMP® certification displays your willingness to pursue growth in your professional career and shows that you’re not afraid of a little hard work to get what you want. Potential employers will interpret your pursuit of this certification as a high-energy, success-driven, can-do attitude on your part. They’ll see that you’re likely to display these same characteristics on the job, which will help make the company successful. Your certification displays a success-oriented, motivated attitude that will open up opportunities for future career advancements in your current field as well as in new areas you might want to explore.
Raises Customer Confidence
Just as the PMP® certification assures employers that you’ve got the background and experience to handle project management, it assures customers that they have a competent, experienced project manager at the helm. Certification will help your organization sell customers on your ability to manage their projects. Customers, like potential employers, want the reassurance that those working for them have the knowledge and skills necessary to carry out the duties of the position and that professionalism and personal integrity are of utmost importance. Individuals who hold these ideals will translate their ethics and professionalism to their work. This enhances the trust customers will have in you, which in turn will give you the ability to influence them on important project issues.
How to Become PMP® Certified
You need to fulfill several requirements in order to sit for the PMP® exam. The PMI® has detailed the certification process quite extensively at its website. Go to www.pmi.org, and click the Certifications tab to get the latest information on certification procedures and requirements.
As of this writing, you are required to fill out an application to sit for the PMP® exam. You can submit this application online at the PMI®’s website. You also need to document 35 hours of formal project management education. This might include college classes, seminars, workshops, and training sessions. Be prepared to list the class titles, location, date, and content.
In addition to filling out the application and documenting your formal project management training, you need to meet the criteria in one of the following two categories to sit for the exam:
Category 1 is for those who have a baccalaureate degree. You’ll need to provide proof, via transcripts, of your degree with your application. In addition, you’ll need to complete verification forms—found at the PMI® website—that show 4,500 hours of project management experience that spans a minimum of three years and no more than six years.
Category 2 is for those who do not have a baccalaureate degree but do hold a high school diploma or equivalent. You’ll need to complete verification forms documenting 7,500 hours of project management experience that spans a minimum of five years and no more than eight years.
As of this writing, the exam fee is a little over $400 for PMI® members in good standing and less than $600 for non-PMI® members. Testing is conducted at Thomson Prometric centers. You can find a center near you on the PMI® website. You have six months from the time PMI® receives and approves your completed application to take the exam. You’ll need to bring a form of identification such as a driver’s license with you to the Thomson Prometric center on the test day. You will not be allowed to take anything with you into the testing center. You will be given a calculator, pencils, and scrap paper. You will turn in all scrap paper, including the notes and squiggles you’ve jotted during the test, to the center upon completion of the exam.
The exam is scored immediately, so you will know whether you’ve passed at the conclusion of the test. You’re given four hours to complete the exam, which consists of 200 randomly generated questions. Only 175 of the 200 questions are scored. A passing score requires you to answer 106 of the 175 questions correctly. Twenty-five of the 200 questions are pretest
questions that will appear randomly throughout the exam. These 25 questions are used by PMI® to determine statistical information and to determine whether they can or should be used on future exams. The questions on the exam cover the following process groups and areas:
Initiating
Planning
Executing
Monitoring and Controlling
Closing
Professional Responsibility
note.epsQuestions pertaining to professional responsibility on the exam will be intermixed with all the other process groups previously listed. You won’t see a section or set of questions devoted solely to professional responsibility, but you will need to understand all the concepts in this area.
The following table shows the breakdown of questions by process groups of the actual exam.
Breakdown of PMP® questions
If you are unsure how to answer a question, use the process of elimination. Eliminate one choice that you know is incorrect. This simple trick will increase your likelihood of guessing the correct answer from 25% to 33%. For the remaining choices, determine which one seems correct but is not appropriate or relevant for the question. After you do this, you will be left with two choices, thus giving you a 50% chance of answering the question correctly. If the two remaining choices appear to be both valid or correct, make an educated guess and pick the answer that is more correct than the other. In contrast, you can also select an answer that is least incorrect compared to the other remaining choice.
As you go through each question, make sure to pace yourself properly. If you find that you are spending too much time on a question, just mark it and proceed to the next question. You can always go back later. Lastly, before you start the exam, write down all formulas, acronyms, and other terms on a blank piece of paper that will be provided to you. It is best to do this when your mind is still fresh. This technique will enable you to easily recall important information later on.
After you receive your certification, you’ll be required to earn 60 professional development units (PDUs) every three years to maintain certification. Approximately one hour of structured learning translates to one PDU. The PMI® website details what activities constitute a PDU, how many PDUs each activity earns, and how to register your PDUs with PMI® to maintain your certification. As an example, attendance at a local chapter meeting earns one PDU.
How to Use This Book
This book was designed to help you prepare, in a time-efficient manner, for PMI®’s PMP® exam. The distilled format of this book will provide you with the fundamental knowledge in project management as an aid to passing the exam with the minimum amount of effort.
We wrote this book with four categories of readers in mind: planners, crammers, refreshers, and teachers:
Planners Planners are very deliberate in their approach to taking the exam. They thoroughly research the topic and allocate sufficient time to prepare for the exam. These types of readers can quickly dive right into Chapter 3, Practice Test A,
Chapter 5, Practice Test B,
Chapter 7, Practice Test C,
and Chapter 9, Practice Test D,
to try the four sets of sample exam questions. If you feel confident about taking the actual exam after answering the practice questions, you may skip the solutions in Chapter 4, Answers to Practice Test A,
Chapter 6, Answers to Practice Test B,
Chapter 8, Answers to Practice Test C,
and Chapter 10 Answers to Practice Test D.
Crammers Crammers should make sure to carefully read the information in this Introduction before attempting the sample exam questions in Chapter 3, Chapter 5, Chapter 7, and Chapter 9. If you did not score well on the practice questions, carefully read the solutions in Chapter 4, Chapter 6, Chapter 8, and Chapter 10.
Refreshers If you previously failed the exam or have taken an exam preparation course but would like to further boost your confidence, we consider you to be part of the refreshers group. Try the sample exam questions to determine your areas of strength and weakness. Read the corresponding sections in the PMBOK® Guide for your weak areas and focus on the same topics in the solution chapters.
Teachers Teachers may use the book as a valuable course supplement. They can measure students’ understanding of each knowledge area by focusing on specific questions from Chapter 4, Chapter 6, Chapter 8, and Chapter 10.
note.epsNote that Chapter 4, Chapter 6, Chapter 8, and Chapter 10 include an answer key, so you can quickly check your answers against the correct answers. In addition, we have provided a PDF of an answer bubble sheet on the book’s website so you don’t have to mark the answers in your book. This PDF can be downloaded at www.sybex.com/go/pmppractice.
Chapter 1, Quick Review Questions,
and Chapter 2, Quick Review Solutions,
are meant to be a quick review before you try the practice questions. Make sure that you can confidently answer all the questions in Chapter 1 and that you have reviewed the correct answers in Chapter 2 before moving on to the remaining chapters.
Additional Resources
To ensure accurate adherence to the exam requirements, this book relied heavily on the contents of PMBOK® Guide, 4th Edition and PMI®’s Code of Ethics and Professional Conduct, which is included in the Project Management Professional (PMP®) Handbook. Each question, in addition to a detailed explanation, includes a reference to the relevant resource.
We also strictly followed the Project Management Professional (PMP®) Examination Content Outline and ensured alignment to the Role Delineation Study.
We used the following references in the book:
Heldman, K. PMP®: Project Management Professional Exam Study Guide (6th ed.). Sybex, 2011.
Project Management Institute, Inc. (Pennsylvania, 2008). A guide to the project management body of knowledge (PMBOK® Guide) (4th ed.).
Project Management Institute, Inc. (Pennsylvania, 2010). Project management professional (PMP®) examination content outline.
Project Management Institute, Inc. (Pennsylvania, 2011). Project management professional (PMP®) handbook.
note.epsThe PMP® Handbook and PMP® Examination Content Outline can be downloaded from PMI®’s website at www.pmi.org.
How to Contact the Authors
If you have any questions about this book, please feel free to contact the lead author, John A. Estrella, directly at jestrella@agilitek.com.
Chapter 1
Quick Review Questions
The following questions are categorized by the knowledge areas of A Guide to the Project Management Body of Knowledge, 4th Edition (PMBOK® Guide). Take note that some questions came from the Appendix. There are also questions from the Project Management Institute’s (PMI) Code of Ethics and Professional Conduct. Before you sit for the Project Management Professional (PMP)® exam, you should be familiar with these publications and what is covered in them. The following questions are designed to test your familiarity with them, as well as your understanding and knowledge of general project management terms and concepts.
A Guide to the Project Management Body of Knowledge, 4th Edition
General Knowledge of PMBOK Guide®
1. At a minimum, you need to be familiar with at least three PMI publications before taking the PMP exam. List them in the following spaces.
A. _________________________
B. _________________________
C. _________________________
2. List the five process groups in the order that they appear in the PMBOK® Guide.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
3. List the nine Knowledge Areas in the order they appear in the PMBOK® Guide.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
H. _________________________
I. _________________________
4. List the three key components of a process as outlined in the PMBOK® Guide.
A. _________________________
B. _________________________
C. _________________________
5. Organizational structure is an enterprise environmental factor that influences a project. List the six common organizational structures.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
6. List the two processes that should be performed when starting a project.
A. _________________________
B. _________________________
7. List the two processes that should be performed when closing a project.
A. _________________________
B. _________________________
8. The PMBOK® Guide consistently uses the verb-noun format to describe each process. If you carefully examine the verb portion of the process name, it should give you an indication that a given process belongs to a certain process group. The noun portion of the process name should also give you a hint of the expected deliverable for that process. For example, the Develop Project Management Plan process indicates that you need to develop
something after you have started your project—with the Project Management Plan
as the expected deliverable. List the 10 common verbs that are used to name the processes within the Planning process group.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
H. _________________________
I. _________________________
J. _________________________
9. List the seven common verbs that are used to name the processes within the Initiating process group.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
10. List the six common verbs that are used to name the processes within the Monitoring and Controlling process group.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
Chapter 4: Project Integration Management
11. List at least 10 subsidiary plans of the project management plan.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
H. _________________________
I. _________________________
J. _________________________
Chapter 5: Project Scope Management
12. List the eight tools and techniques that a project manager can use when collecting requirements.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
H. _________________________
13. List three terms that relate to the work breakdown structure (WBS).
A. _________________________
B. _________________________
C. _________________________
Chapter 6: Project Time Management
14. What are the four types of activity dependencies or logical relationships?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
15. List five estimating tools and techniques.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
16. What is the PERT formula for three-point estimating?
_________________________
Chapter 7: Project Cost Management
Define the following Earned Value Management (EVM) acronyms.
17. What is PV? _________________________
18. What is EV? _________________________
19. What is AC? _________________________
20. What is SV? _________________________
21. What is CV? _________________________
22. What is SPI? _________________________
23. What is CPI? _________________________
24. What is EAC? _________________________
25. What is ETC? _________________________
26. What is TCPI? _________________________
27. List the two EVM variance formulas.
A. _________________________
B. _________________________
28. List the two EVM performance index formulas.
A. _________________________
B. _________________________
29. List the four EVM forecasting formulas for EAC.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
30. List the two to-complete performance index formulas.
A. _________________________
B. _________________________
Chapter 8: Project Quality Management
Define the following quality-specific acronyms.
31. What is PDCA? _________________________
32. What is TQM? _________________________
33. What is OPM3? _________________________
34. What is CMMI? _________________________
35. What is COQ? _________________________
36. Name the two costs of quality.
A. _________________________
B. _________________________
37. What are the two categories of the cost of quality for avoiding failures?
A. _________________________
B. _________________________
38. What are the two categories of the cost of quality where money must be spent because of failures?
A. _________________________
B. _________________________
39. List Ishikawa’s seven basic tools of quality.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
Chapter 9: Project Human Resource Management
40. List in order the five stages of developing a team.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
41. What are the six general techniques for avoiding conflict?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
F. _________________________
G. _________________________
Chapter 10: Project Communications Management
42. What are the five key components of a communication model?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
43. List the three broad classifications of communication methods.
A. _________________________
B. _________________________
C. _________________________
Chapter 11: Project Risk Management
44. List four strategies for negative risks or threats.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
45. List four strategies for positive risks or opportunities.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
Chapter 12: Project Procurement Management
46. What are the three major types of contracts?
A. _________________________
B. _________________________
C. _________________________
There are six potential variations of the major types of contracts.
47. What is FFP? _________________________
48. What is FPIF? _________________________
49. What is FP-EPA? _________________________
50. What is CPFF? _________________________
51. What is CPIF? _________________________
52. What is CPAF? _________________________
Appendix G: Interpersonal Skills
53. List at least five interpersonal skills.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
54. List at least three team member communication styles.
A. _________________________
B. _________________________
C. _________________________
55. What are the two categories of listening techniques?
A. _________________________
B. _________________________
56. What are the four basic decision styles?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
57. What are the four major factors that affect the decision styles?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
Define the following acronyms.
58. What is CCB? _________________________
59. What is CPM? _________________________
60. What is EMV? _________________________
61. What is FMEA? _________________________
62. What is IFB? _________________________
63. What is LOE? _________________________
64. What is OBS? _________________________
65. What is PDM? _________________________
66. What is QA? _________________________
67. What is QC? _________________________
68. What is RACI? _________________________
69. What is RAM? _________________________
70. What is RBS? _________________________
71. What is RFI? _________________________
72. What is RFP? _________________________
73. What is RFQ? _________________________
74. What is SOW? _________________________
75. What is SWOT? _________________________
PMI’s Code of Ethics and Professional Conduct
76. The PMI’s Code of Ethics and Professional Conduct applies to which individuals?
A. _________________________
B. _________________________
C. _________________________
D. _________________________
77. What two types of responsibility, fairness, and honesty standards were mentioned in the Code of Ethics and Professional Conduct?
A. _________________________
B. _________________________
Key Concepts and Processes
note.epsMany of these questions discuss topics and concepts presented in Sybex’s PMP: Project Management Professional Exam Study Guide, 6th Edition (ISBN: 978-1118083215).
This section presents questions based on key project management concepts (e.g., projects, programs, portfolios, project management skills, etc.) and various processes from initiating to closing projects.
Projects
78. __________ are temporary initiatives with defined start and end dates.
79. The concept of incrementally and continually refining the characteristics of a product, service, or result as the project progresses is known as __________.
80. Unlike projects, __________ are ongoing and repetitive.
81.__________ are individuals or groups with a vested interest in the outcome of the project.
82. The __________ is usually an executive within the organization who has authority over the project, from allocating resources to making key decisions.
83. The __________ is responsible for applying the tools and techniques of project management, and managing the associated resources to ensure that the project objectives will be met.
84. __________ are groups of related projects.
85. __________ include projects, programs, and other portfolios.
86. The __________ serves as a central oversight in the management of projects and programs within an organization.
87. What is a key disadvantage for a project manager when working in a functional organization?
_________________________
88. __________ are considered the opposite of functional organizations.
89. What are the three common types of matrix structures?
A. _________________________
B. _________________________
C. _________________________
Creating the Project Charter
Fill in the blanks or answer the questions below.
90. Who is not involved in project selection: project manager, project sponsor, customer, or subject matter experts? __________
91. __________ are also used to evaluate and choose between alternative ways of performing the project.
92. What is the discount rate when NPV equals zero? __________
93. Which project should be chosen: low IRR or high IRR? __________
94. The __________ process produces the project charter.
95. Corporate procedures, policies, standards, and templates are elements of __________.
96. Who should be the author of the project charter?
_________________________
97. Projects that have an NPV __________ zero have a higher likelihood of being approved.
98. __________ are external factors that can positively or negatively impact the outcome of the project.
99. Name at least two needs or demands that necessitate the initiation of a project.
A. _________________________
B. _________________________
C. _________________________
D. _________________________
E. _________________________
F. _________________________
G. _________________________
Developing the Project Scope Statement
Determine if each of the following statements is true or false. If the statement is false, provide the correct answer to the underlined term(s) to make the statement true.
100. The project charter defines how the project will be executed, monitored and controlled, and closed
_________________________
101. Requirements must be documented, analyzed, and quantified in enough detail that they can be measured once the work of the project begins.
_________________________
102. Focus groups comprise cross-functional stakeholders.
_________________________
103. The requirements traceability matrix enables the organization to link each requirement to business and project objective.
_________________________
104. The project scope management plan documents how the project team will define the project scope, develop the work breakdown structure, and control the changes.
_________________________
105. The Create WBS process enables the project team to subdivide the project into smaller and more manageable components.
_________________________
106. Rolling wave planning is a process of elaborating deliverables, project phases, or subprojects in the WBS.
_________________________
107. The scope baseline includes the scope statement, the WBS, and the project schedule.
_________________________
108. The scope management plan is a subsidiary plan of the project charter.
_________________________
109. The lowest level of any WBS is called a work package.
_________________________
Creating the Project Schedule
Match the terms below to their correct descriptions. Write the letter of the correct description in the space provided.
_____ 110. Analogous estimating
_____ 111. Define Activities process
_____ 112. Discretionary dependency
_____ 113. Finish-to-start
_____ 114. Lag
_____ 115. Lead
_____ 116. Monte Carlo
_____ 117. One standard deviation
_____ 118. PDM
_____ 119. Start-to-finish
Descriptions
A. Creates arbitrary total float values
B. Decomposes the work packages into schedule activities
C. Delays successor activities
D. Gives a probability of about 68 percent
E. Most commonly used dependency in the PDM method
F. Rarely used dependency in the PDM method
G. Shows probability of all the possible project completion dates
H. Speeds up successor activities
I. Uses expert judgment and historical information
J. Uses only one time estimate to determine duration
Developing the Project Budget
Fill in the blanks or answer the questions below.
120. The __________ is established using the WBS and its associated control accounts.
121. The control account also has a unique identifier that’s linked to the organization’s accounting system, sometimes known as a __________.
122.__________ should be completed early in the project to help estimate the costs.
123. The following three additional tools can be used to predict the potential financial performance of the project’s product, service, or result: __________.
124. A project’s cost performance baseline normally has a/an __________ shape.
125. __________ entails providing the information in the correct format to the right audience in a timely manner.
126. What is the communication channel formula? __________
127. The lines that connect the communication nodes are also known as __________.
128. The