(solved)UOP PM586 FINAL EXAM 2015 (SCORE 100%). . . . .

Question1. In a strong matrix structure, employees take daily direction from:Project manager onlyBoth, but the project manager has greater influenceBoth, but the functional manager has greater influenceFunctional manager only2. If the schedule variance is positive and the cost variance is negative, the project’s status is:Over budget and behind scheduleUnder budget and ahead of scheduleOver budget and ahead of scheduleUnder budget and behind schedule3. Which category of projects would involve a large number of functional units where the workers may be assigned either part-time or full-time?SpecialIndividualStaffMatrixed4. Which type of chart provides the least “predictive” value?PDMADMPERTBar chart5. Scope creep is generally the result of:Too much detail in the specificationsHaving too many levels in the WBSPoorly defined SOWHaving the wrong people assigned to the project6. Which of the following is the role of the PM rather than the role of the functional manager?Where it will be doneHow the work will be doneWho will do itWhat work will be done7. The balance between quality and cost is called:ProduceabilitySalabilityAvailabilityOperability8. The EVMS term that represents the value of work actually accomplished is:BACACEVPV9. Which of the following would be the first item to be discussed in the initial kickoff meeting for a project?Understanding of the budgetUnderstanding of the scheduleUnderstanding of the requirementsUnderstanding of the plan10. Quality is defined by the:Project teamcustomerProject managerProject sponsor11. Which of the following people has the greatest influence on how much authority a project manager will possess on a given project?The project sponsorThe customerThe project manager’s line managerThe project manager himself / herself12. 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:CustomerSubject matter expertsProject managerProject sponsor13. In which project life cycle phase does quality begin?Initiation / planningMonitoring & controlClosureImplementation14. Project management restructuring allowed companies to manage projects that _____.Had undefined objectivesCould not be handled by the traditional organizationDid not require effective cost controlRequire little functional integration15. Risk constitutes a lack of knowledge _____.Of future eventsAbout the estimatesAbout the customer’s requirementsAbout the environment16. The two primary components of a risk are:The probability and the impactThe impact and the eventThe impact and the amount at stakeThe event and the probability17. Which of the following standard project estimating techniques is usually accomplished in weeks?EngineeringParametricAnalogyGrassroots18. The hardest part in creating a best practices library is:StorageClassificationEvaluationKnowledge transfer19. 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 managersAssistant project managersAssistant project managers and functional managersProject sponsor20. Industries that have _____ tasks and operate in a _____ environment demonstrated the greatest need for project management.Complex; DynamicSimple; StaticComplex; StaticSimple; Dynamic21. Pricing out the construction cost of a home by a cost per square foot would be representative of a(n) _____ estimate.GrassrootsParametricEngineeringAnalogy22. The collective term for the formal quality activities and processes is called:Quality controlQuality visionsQuality assuranceQuality policies23. The difference between the cost baseline and the contracted cost is the:ProfitManagement reserveCost of scope changesCost at completion24. Plans such as the cost plan, schedule plan and quality plan are referred to as:Subsidiary plansSpecialized plansIntegration plansFunctional plans25. 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 years1 year5 years10 years26. The best source of revenue for a customer-requested scope change is:A customer-funded contract amendmentProfitsManagement reserveUndistributed budget27. During the 1970s and 1980s, formal project management practices were put in place because the constraints were _____ and _____ boundaries had to be crossedTight; fewTight; severalLoose; fewLoose; several28. A charting technique designed to illustrate the inductive and deductive reasoning necessary to achieve some objective is called a _____ Diagram / networkDescriptiveIntuitionGanttLogic29. Which of the following is often overlooked when planning and budgeting a project?Customer’s milestonesTiming of the deliverablesNumber of meetings with the customerCost and size of contractual documentation30. 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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