UOP PM586/ UOP PM586 FINAL EXAM 2015

Question

1. In a strong matrix structure, employees take daily direction from:

Project manager only

Both, but the project manager has greater influence

Both, but the functional manager has greater influence

Functional manager only

2. If the schedule variance is positive and the cost variance is negative, the project’s status is:

Over budget and behind schedule

Under budget and ahead of schedule

Over budget and ahead of schedule

Under budget and behind schedule

3. Which category of projects would involve a large number of functional units where the workers may be assigned either part-time or full-time?

Special

Individual

Staff

Matrixed

4. Which type of chart provides the least “predictive” value?

PDM

ADM

PERT

Bar chart

5. Scope creep is generally the result of:

Too much detail in the specifications

Having too many levels in the WBS

Poorly defined SOW

Having the wrong people assigned to the project

6. Which of the following is the role of the PM rather than the role of the functional manager?

Where it will be done

How the work will be done

Who will do it

What work will be done

7. The balance between quality and cost is called:

Produceability

Salability

Availability

Operability

8. The EVMS term that represents the value of work actually accomplished is:

BAC

AC

EV

PV

9. Which of the following would be the first item to be discussed in the initial kickoff meeting for a project?

Understanding of the budget

Understanding of the schedule

Understanding of the requirements

Understanding of the plan

10. Quality is defined by the:

Project team

customer

Project manager

Project sponsor

11. Which of the following people has the greatest influence on how much authority a project manager will possess on a given project?

The project sponsor

The customer

The project manager’s line manager

The project manager himself / herself

12. A project manager desires a work breakdown structure that goes through 6 levels of detail. Level 3 through level 6 would most likely be prepared by:

Customer

Subject matter experts

Project manager

Project sponsor

13. In which project life cycle phase does quality begin?

Initiation / planning

Monitoring & control

Closure

Implementation

14. Project management restructuring allowed companies to manage projects that _____.

Had undefined objectives

Could not be handled by the traditional organization

Did not require effective cost control

Require little functional integration

15. Risk constitutes a lack of knowledge _____.

Of future events

About the estimates

About the customer’s requirements

About the environment

16. The two primary components of a risk are:

The probability and the impact

The impact and the event

The impact and the amount at stake

The event and the probability

17. Which of the following standard project estimating techniques is usually accomplished in weeks?

Engineering

Parametric

Analogy

Grassroots

18. The hardest part in creating a best practices library is:

Storage

Classification

Evaluation

Knowledge transfer

19. A typical project office (not to be confused with a project management office) responsible for the management of a large project includes the project manager and the:

Project sponsor and assistant project managers

Assistant project managers

Assistant project managers and functional managers

Project sponsor

20. Industries that have _____ tasks and operate in a _____ environment demonstrated the greatest need for project management.

Complex; Dynamic

Simple; Static

Complex; Static

Simple; Dynamic

21. Pricing out the construction cost of a home by a cost per square foot would be representative of a(n) _____ estimate.

Grassroots

Parametric

Engineering

Analogy

22. The collective term for the formal quality activities and processes is called:

Quality control

Quality visions

Quality assurance

Quality policies

23. The difference between the cost baseline and the contracted cost is the:

Profit

Management reserve

Cost of scope changes

Cost at completion

24. Plans such as the cost plan, schedule plan and quality plan are referred to as:

Subsidiary plans

Specialized plans

Integration plans

Functional plans

25. Companies can become reasonably mature in project management by designing the right support systems. In general, how much time usually elapses after maturity before a company becomes excellent in project management execution?

2 years

1 year

5 years

10 years

26. The best source of revenue for a customer-requested scope change is:

A customer-funded contract amendment

Profits

Management reserve

Undistributed budget

27. During the 1970s and 1980s, formal project management practices were put in place because the constraints were _____ and _____ boundaries had to be crossed

Tight; few

Tight; several

Loose; few

Loose; several

28. A charting technique designed to illustrate the inductive and deductive reasoning necessary to achieve some objective is called a _____ Diagram / network

Descriptive

Intuition

Gantt

Logic

29. Which of the following is often overlooked when planning and budgeting a project?

Customer’s milestones

Timing of the deliverables

Number of meetings with the customer

Cost and size of contractual documentation

30. What is the project sponsor’s responsibility with regard to the WBS preparation?

The sponsor should not be involved in WBS development.

Make sure all work packages are well-defined.

Make sure that the management levels of the WBS are correct.

Make sure that the technical levels of the WBS are correct.

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    Attached: UOP PM586 final exam 2015.docx

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