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TPV1 Review B QUESTIONS AND ANSWERS ALL CORRECT

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TPV1 Review B QUESTIONS AND ANSWERS ALL CORRECT

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TPV1 Review B
Which of the following best describes the elements in a work breakdown structure
(WBS)?

The elements are the description of the required work.
They analyze the risk.
Elements are part of a weak matrix.

They are deliverables. Correct Answer: They are deliverables.

Which of the following allows activities to be done in parallel that would normally
be done in sequence?
Lag time
Crashing
Fast tracking
Lead time Correct Answer: Fast tracking

Which of the following is a time-phased budget that is used to measure and
monitor cost performance throughout the project life cycle?
Cost estimating
Cost variance
Change control
Cost baseline Correct Answer: Cost baseline

You work as a project manager for uCertify Inc., which is a matrix organization.
You have to assign tasks associated with the project to the employees. One of the
employees wants to know about the characteristics of a matrix organization. What
will be your reply?
Choose all that apply.

A mix of full time and part time project resources
Better inter-departmental communication
Multiple projects compete for the same limited resources
Low to moderate authority for the project manager Correct Answer: A mix of full
time and part time project resources
Better inter-departmental communication
Low to moderate authority for the project manager

,Your subject matter expert tells you that her most likely estimate is 40 hours, her
pessimistic estimate is 65 hours, and her optimistic estimate is 24 hours. What is
the final three-point estimate? Correct Answer: 43 hours
Three-point estimates are an average of the most likely, pessimistic, and optimistic
estimates.

You are the project manager of the NHQ Project for your organization. Your
organization is a functional structure and you report to the CIO, Henry Davis.
Henry has told you that while your project is going well, you'll need to limit the
number of hours the project resources can contribute to the project from this point
forward. This is because the resources have other projects in the IT department
they'll be starting next week. If Henry limits the number of hours to 20 hours per
week for your project, what will happen to the project duration?

The delay in the project will cause your project's cost and schedule baseline to
diminish.
The amount of work will remain the same, but it will take longer time to complete.
The amount of work will increase and it will take longer time to complete.
The number of workers on the project should be increased. Correct Answer: The
amount of work will remain the same, but it will take longer time to complete.

You are the program manager for your organization. You have created a program
that will create things for the organization throughout the program not only at
program closure. All of the following are elements that you may transfer to the
organization throughout the program's life cycle except for which one?

Risk management outcomes
Program personnel
Outputs from team development
Benefits Correct Answer: Program personnel

You are the project manager of the NHQ Project. This project has a budget of
$750,000 and is scheduled to last two years. The project is currently 25 percent
complete though it was scheduled to be forty percent complete by this time. The
project has spent $210,000 to date. What is the project's cost performance index?
Correct Answer: .89
CPI = Earned value (EV) / Actual cost (AC)

Sasha works as the project manager for HGH project. She is into the Control Costs
process. Which of the following is NOT included in the Control Costs process?

, Ensuring that cost expenditures do not exceed the authorized funding
Informing appropriate stakeholders of all approved changes and associated cost
Estimating costs for the project.
Ensuring that all change requests are acted on in a timely manner
Monitoring work performance against funds expended Correct Answer:
Estimating costs for the project.

In which of the following structures can managers plan and evaluate project
implementation but not have any actual authority over the workers?

Traceability matrix
Strong matrix
Coverage matrix
Weak matrix Correct Answer: Weak matrix

You work as a project manager for uCertify Inc. You have to include examining,
measuring, or testing of work results. Which of the following techniques will you
use to accomplish this task?

Quantitative risk analysis
Negotiating
Inspection
Parametric estimating Correct Answer: Inspection

You have been assigned as project manager for a major IT project. Brett is the
functional manager who will give you the human resources for your development
team. However, Brett is forced to supply resources to several concurrent projects.
You have a "dream-team" list of the people you want assigned to your team, but
you're worried other project managers may want these same people. What is the
best way to approach Brett regarding the assignment of people to your project?

Send Brett an email listing the resources you need and the start date for each
resource.
Try to catch Brett just before a meeting he's headed to so that he will not have
time to think up reasons to turn down part of your request.
Meet with Brett's boss to advise her that your project is critical. Provide her with
the list of resources you need from Brett.
Schedule a meeting with Brett to discuss resources. Explain your project
deliverables and the skill sets you need. Correct Answer: Schedule a meeting with

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