You are a project leader responsible for upgrading and installing three of your
company's servers. Because of your expertise, you are also responsible for answering
and resolving escalated calls from the help desk. What type of organization do you work
in?
A. Weak Matrix
B. Project-based
C. Functional
D. Balanced Matrix - Answers- A.
You are performing Perform Quantitative Risk Analysis and are using a tool and
technique that is a quantitative method of analyzing the potential impact of risk events.
This tool can also be used to determine stakeholder risk tolerance levels. What tool and
technique is this question referring too?
A. Sensitivity analysis
B. Decision tree analysis
C. Simulation
D. Risk probability and impact - Answers- A. Sensitivity analysis
You've progressed through the risk processes and are now ready to determine what
impact the risks that you've identified will have on the project and the probability they'll
occur. Using tools and techniques such as risk probability and impact assessment (part
of the data analysis tool and technique) and probability and impact matrix (part of the
data representation tool and technique) will help you create the risk register and overall
risk ranking for the project. What process are you in?
A. Perform Qualitative Risk Analysis
B. Identify Risk
C. Perform Quantitative Risk Analysis
D. Plan Risk Responses - Answers- A. Perform Qualitative Risk Analysis
You are working on the risk management plan for your project. According to the PMBOK
Guide, risk categories are a component of the risk management plan and may include
which of the following types of risks?
A. Project management risks, secondary risks, and organizational risks
B. Technical, quality, or performance risks, secondary risks, and risk triggers
C. Technical, quality, or performance risks, project management risks, organizational
risks, and external risks
, D. Project management risks and external risks - Answers- C. Technical, quality, or
performance risks, project management risks, organizational risks, and external risks
Cost estimating techniques are not useful when using this type of life cycle approach.
You need high-level, quick estimates due to the changing nature of the requirements.
A. Predictive
B. Agile
C. Hybrid
D. Waterfall - Answers- B. Agile
Which of the following lists the correct outputs of the Estimate Cost process?
A. Cost estimates, cost management plan, organizational process assets updates
B. Cost estimates, reserve analysis, cost management plan
C. Cost estimates, basis of estimates, project documents updates
D. Cost estimates, reserve analysis, project documents updates - Answers- C. Cost
estimates, basis of estimates, project documents updates
Your project has been decomposed and the WBS has been constructed. Your final WBS
contains five levels. All of the following are true regarding the WBS except:
A. This project's work package level is level five.
B. The WBS is a deliverables-oriented grouping of project deliverables and elements.
C. Code of accounts will only be assigned to level five of this WBS.
D. Level five for this project will facilitate resource assignments and cost and time
estimates. - Answers- C. Code of accounts will only be assigned to level five of this
WBS.
You've calculated the critical path for your upcoming project. You know that which of the
following is true regarding the critical path?
A. It's determined using expected value.
B. It's the longest full path on the project.
C. It's made up of tasks with float time greater than zero.
D. It allows for conditional looping and branching. - Answers- B. It's the longest full path
on the project.
You are the project manager responsible for customizing and installing your company's
software at the client site. You've completed the Initiation process and are now working
on the Planning processes. This project has a completion date of December 1. You've
penciled in Kathy as the lead programmer for this project. She is tentatively scheduled
to work on this project starting July 1 and ending November 4. She and her manager
have always agreed to work on your projects in the past. This is an example of:
A. An assumption because you have not yet checked on Kathy's availability
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GEEKA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.