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Question - 45 Of the following types of contracts - which has the HIGHEST risk for the buyer ?

CIPM   Which of the following is a tool used in Activity Duration Estimating:

CIPM.  ------------------------Are divisions within a project where extra control is needed to effectively manage the completion of a major deliverable

CIPM. The work that needs to be accomplished to deliver a product, service, or result with the specified features and functions is referred to

CIPM  When checking the calendar of a team member to schedule a meeting, you see she has scheduled a meeting with a key stakeholder that you were not informed of. The best approach would be to:

CIPM. The "rule of seven" as applied to process control charts means that :

CIPM. What does TQM stand for?

Question - 21 You are a project manager of a company and your project is currently in execution phase. The customer has requested you for additional work. This work will affect the budget, but not the schedule of the project. What should you do next?

CIPM. One of the following is NOT a process of project time management.

CIPM.---------------------------- Is the delivery of the required product, service or result on time and with in budget

Question - 33 You have been assigned to manage a project that deals with setting up a railway line connecting two cities. The project is complex with a lot of contracting involved. You and experts in your organization are evaluating if the rail line alignment machinery should be purchased outright or if it would be better to lease. The cost of leasing the equipment is 1200 $ per day while the cost of an outright purchase is 96000 $ and a daily cost of 200 $.The duration of laying out the railway lines is scheduled to be an activity duration of 150 days. Should you purchase the machinery or be leased - which option would be more economical?

CIPM. Your new product development project has resulted in a highly successful new product. The property, equipment, materials, and personnel of your project are now being integrated into the functional organization. Your project is being terminated by:

Question - 25 What is the BEST use of a Work Authorization System?

Question - 19 The following are the processes in Project Risk Management?
1. Plan Risk Management 2. Perform Qualitative Risk Analysis 3. Identify Risks 4. Perform Quantitative Risk Analysis 5. Plan Risk Responses 6. Control Risk.
Which of these is the correct sequence?

CFM12. Which factor influences location strategy for facility location?

CIPM. Which of the following is not an input of conduct procurement

Question - 35 Which of the following statements are not true regarding Validate Scope ?

CFM 15 - What is the advantage of good layout design in the case of service organizations?

Question - 29 You are managing a project to set up a brand new play area for the community. You and your team have been working as per plan and things are moving smoothly. Suddenly one of the stakeholders indicates that the play area must also include a sand pit. This was not originally planned for so you analyze the impact to the cost, schedule and scope. You then submit the change request to the Change control board for their approval. You have immediately received an approval - what should your next step be?

CFM 19 - First step in managing ergonomic stressors in the workplace is to analyze _____________

CIPM. Network planning methods(PERT/CPM/PDM):

CIPM.  One of the following is NOT a role played by the project manager

CIPM. Which of the following is the most efficient means of product quality inspection

CIPM    Before reporting a perceived violation of an established rule or policy the project manager should:

CIPM. A project manager has been working on a project for six months with the same team yet the team still shows a lack of support for the project. The best thing for the project manager to do would be to?

CIPM. What technique allows large numbers of ideas to be sorted into groups for review and analysis

CIPM.   ............................Is defined as the entire value of the business; the total sum of all tangible and intangible elements

CIPM. One  of  the following is NOT among tools & techniques used to conduct procurements

CIPM   Which of the following situations describes a violation of the PMP. Professional Code of Conduct?

CIPM. One of the following is NOT a component of project

Question – 16 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations. You have been assigned to handle a large construction project. You decide to do a thorough stakeholder analysis and you identify Laura and Sean. Based on your interactions and analysis - you know that both Sean and Laura are low in the pecking order so they do not wield any significant authority or power. However where it differs is in their interest in the project. Laura has a lot of interest while Sean is disinterested. You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders?

CFM5. The second most valuable resources is the ________________________

CIPM.   The process of identifying, unifying, combining and coordinating the various processes and project tmanagement activities within the project management process group is known as

CFM 17 -The HVAC systems designed with a capacity is based on ________________

Question - 43 You are in the process of executing a project that deals with laying out electrical cables connecting two cities. You have been reporting progress on a monthly basis. In this month due to unplanned vacations many of the staff have not turned up at work. This has caused a delay in the schedule. You decide to check if the schedule variance is within the allowable threshold - what specific document should you refer to ?

CIPM  Extensive use of ----- communication is most likely to aid in solving complex problems.

CIPM. All the followings are CIPM communication processes except

Question - 46 You are in charge of building a shopping portal. You are fairly confident as you have a team experienced in doing such work. As per the agreement at the end of the first month you organize a demonstration of the software. You invite the sponsor and key stakeholders. Later the sponsor informs you that she is not very happy with the progress indicating that one of the clients who would be using this software is not satisfied as her needs are not being met. To satisfy this client's needs would mean some radical changes with an impact to both cost and schedule. What could be the root cause of this issue?

Question - 48 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities. Progress in the past has been smooth but lately in the past few months you have observed a schedule and budget overrun. You decide to hold a meeting with your team members. On discussions you realize team members went ahead and made changes at the behest of the client requests on site. You are pretty sure the changes were not a part of the project scope statement – which of these project management concept did the team member refuse to follow?

CIPM. Examples of Projects include:

Question - 47 Using historical information to perform estimating is also called _______ estimating.

Question - 22 You are the project manager and have decided to outsource a part of the project to a vendor. You have offered a bonus to the vendor if the work is completed in two months. This is an example of _____________.

CIPM. Financial controls that need to be considered for project plan development do not include:

CFM3. The following are roles of a facility manager except

CIPM. The process of documenting the actions necessary to define, prepare, integrate and coordinate all subsidiary plans is known as  

CIPM    Which of the following conflict resolution techniques will generate the MOST lasting solution?

CFM 18 - __________ is a type or lease such that the lease pays all operating expenses.

150/3

CIPM.   One of the following is a tool or technique used in plan procurement

CIPM.   .In CIPM Study material, project, program and operations are the same project success

CIPM.What technique have broad application within project management processes and guide the development of the project charter

CIPM. The types of power that have substantial influence on both subordinates and upper management are:

CFM15.

What is the advantage of good layout design in the case of service organizations?

CIPM.------------------Is the process of implementing risk response plans, tracking, Identified risks, monitor residual risks, identifying new risks, and evaluating, Risk process effectiveness throughout the project.

Question - 24 Of the following types of contracts - which has the HIGHEST risk for the seller?

CIPM.   Cost plus fixed fee contract stand for?

CIPM.  A project consisting of a project manager, five members of staff, and three sponsors has  how many communication channels.

CIPM  Which is not a tool used for Risk Response Planning:

CIPM. You manage a project whose team members have diverse skills and expertise. You want to encourage your staff to pool its knowledge on project issues to make the best decisions possible. The most appropriate management style to use is:

CFM 20 - Which of the following federal agencies is responsible for implementing and enforcing workplace health and safety standard?

CIPM.  Project procurement management processes include all the following EXCEPT.

Question - 37 Which of the following best describes Expectancy theory?

CFM 22 - Which of the following is the most important function for a project management success?

CFM 20 - Which of the following federal agencies is responsible for implementing and enforcing workplace health and safety standard?

CIPM. A project manager has been working on a project for six months with the same team yet the team still shows a lack of support for the project. The best thing for the project manager to do would be to?

CFM10.

Space management benefits are except

CIPM   The equivalent of cost reimbursable contracts is frequently termed:

CIPM   A team is using a fishbone diagram to help determine what quality standards will be used on the project. What part of the quality management process are they in?

CIPM. Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components?

CIPM. Which of the following acronyms stand for fixed price with economic price adjustment contracts

Question - 18 You have just completed developing the Schedule Network Diagram for a project that deals with building supersonic state of the art Jet planes. You have identified your critical path which includes building a wind tunnel. You see that in addition there is another path which deals with building the tail of the plane - whose duration is close to the critical path. You also notice considerable floats on the other paths. You now need to assign resources to the tasks - you have a few team members who are highly skilled and a team of resources who are relatively inexperienced. What would be the best course of action while assigning resources

CFM12. Which factor influences location strategy for facility location?

CIPM. The acronym WBS stand for what?

CIPM. Using the PMBOK definition of contingency reserve, which of the following statements about contingency reserves is false?

Question - 48 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities. Progress in the past has been smooth but lately in the past few months you have observed a schedule and budget overrun. You decide to hold a meeting with your team members. On discussions you realize team members went ahead and made changes at the behest of the client requests on site. You are pretty sure the changes were not a part of the project scope statement – which of these project management concept did the team member refuse to follow?

CIPM. Which of the following are examples of indirect costs?

CIPM    Which of the following is considered to be a simulation technique?

Question - 32 You and a group of managers who conduct a weekly meeting for sharing information and project management best practices. Joe who is a colleague of yours explains the need of correctly identifying all the project stakeholders. He explains that in his current project he has made use of Stakeholders Engagement Assessment Matrix. Many of the other colleagues are not quite aware of the need and usage of this matrix - which of the following is the BEST choice?

CIPM   In the Monte Carlo technique, what is the criticality index?

 CIPM. Which acronym  stand for time and material contracts

CIPM.   Which among the following is NOT communication activity potential   dimension

Question – 16 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations. You have been assigned to handle a large construction project. You decide to do a thorough stakeholder analysis and you identify Laura and Sean. Based on your interactions and analysis - you know that both Sean and Laura are low in the pecking order so they do not wield any significant authority or power. However where it differs is in their interest in the project. Laura has a lot of interest while Sean is disinterested. You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders?

CIPM.  Includes the processes required to ensure that the project include all the work required, and only the work required, to complete the work successfully

CIPM. Which of the following is not an external-unpredictable risk?

Question - 49 Your company has won a large project for one of the fund houses to administer their funds. The project work has been going on smoothly and the customer has been singing praises about the work done so far. The client has planned a visit the next month to go over the plans for the next phase of the project as well as to meet with the project team. Your senior management realizes that this client could potentially need additional capabilities in the derivatives segment. Your company happens to have a strong exposure to this segment having executed numerous such projects. Your senior manager also invites key managers from the derivatives segment to showcase the organizations abilities in the derivates vertical - this is an example of ?

CFM 22 - Which of the following is the most important function for a project management success?

CIPM In the communication process, "noise" is the word used to describe factors and forces inhibiting the exchange of information between two or more parties. Noise includes all of the following but __________

Question - 26 You are in charge of a software project and you are almost 40% complete. The project stakeholders want a [performance report to date. You had planned to use Earned Value Management methodology. You come up with the following numbers: EV = 100 AC = 300 PV = 150 BAC = 600. You and your team have faced numerous issues till now. However, you choose to ignore the current work performance and decide to go with what was originally planned. Based on this information what would be the EAC for the project?

Question - 33 You have been assigned to manage a project that deals with setting up a railway line connecting two cities. The project is complex with a lot of contracting involved. You and experts in your organization are evaluating if the rail line alignment machinery should be purchased outright or if it would be better to lease. The cost of leasing the equipment is 1200 $ per day while the cost of an outright purchase is 96000 $ and a daily cost of 200 $.The duration of laying out the railway lines is scheduled to be an activity duration of 150 days. Should you purchase the machinery or be leased - which option would be more economical?

CFM9. _____________ is the management of persons and their needs and deficiencies in a particular environment.

Question - 45 Of the following types of contracts - which has the HIGHEST risk for the buyer ?

Question - 18 You have just completed developing the Schedule Network Diagram for a project that deals with building supersonic state of the art Jet planes. You have identified your critical path which includes building a wind tunnel. You see that in addition there is another path which deals with building the tail of the plane - whose duration is close to the critical path. You also notice considerable floats on the other paths. You now need to assign resources to the tasks - you have a few team members who are highly skilled and a team of resources who are relatively inexperienced. What would be the best course of action while assigning resources

CFM10.

Space management benefits are except

CIPM  Which of the following is an advantage of centralized contracting?

Question - 48 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities. Progress in the past has been smooth but lately in the past few months you have observed a schedule and budget overrun. You decide to hold a meeting with your team members. On discussions you realize team members went ahead and made changes at the behest of the client requests on site. You are pretty sure the changes were not a part of the project scope statement – which of these project management concept did the team member refuse to follow?

Question - 42 As a manager on a project your key outlook is to ensure that the project delivers within the scheduled timelines with minimal rework and customer delight. For some time now the project work is proceeding smoothly with a CPI and SPI a perfect 1.One of your team members approaches you and indicates that she might possibly need a long vacation on personal grounds. She indicates this could possibly occur in two months from now. You look up the schedule and as luck would have it - this team member happens to be scheduled to execute activities which are on the critical path - and her absence in two months’ time would cause a delay in schedule. You decide to take some action and reschedule task allocation to ensure that this team member is not planned to work on any of the critical path activities. What did you just do?

CIPM   What is critical path?

CFM8. Which of these is correct with respect to a product developed or a service performed.

Question - 24 Of the following types of contracts - which has the HIGHEST risk for the seller?

Question – 16 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations. You have been assigned to handle a large construction project. You decide to do a thorough stakeholder analysis and you identify Laura and Sean. Based on your interactions and analysis - you know that both Sean and Laura are low in the pecking order so they do not wield any significant authority or power. However where it differs is in their interest in the project. Laura has a lot of interest while Sean is disinterested. You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders?