Integration tool and technique
Which tool and technique is used throughout the entire Integration process group?
A. Project charter
B. Expert judgment
C. Project management plan
D. Organizational process assets
Answer: B. Expert judgment
Expert judgment is the only tool and technique that spans across every process in Integration. All other choices listed are inputs and/or outputs.
Number of defects in six sigma
When applying six sigma, what is the approximate number of expected defects out of every 1,000,000?
A. 0
B. 3
C. 27
D. 600
Answer: B. 3
Six sigma represents 99.9997% defect-free, which is 3.4 out of every 1,000,000.
Person who funds the project
What term best describes the person who provides financial resources to the project?
A. Sponsor
B. Project manager
C. Customer
D. Resource manager
Answer: A. Sponsor
The sponsor is either a person or group who funds the project.
Long-term project outcomes
While working on a project to relocate hazardous materials from one location to another, you are asked to work with the company’s risk manager to monitor how the project may impact the communities during and after the project. The professional responsibility term that describes this :
A. Conflict of interest
B. Probability and impact matrix
C. Unethical behavior
D. Social-economic-environmental-sustainability
Answer: D. Social-economic-environmental-sustainability
Social-economic-environmental-sustainability means that the project may produce effects long after its completion.
Transfer risk response strategy
A good example of transferring a negative risk is:
A. Hiring another contractor to accelerate a project
B. Replacing a new employee with a more experienced one to ensure better quality
C. Buying insurance against weather impacting a construction schedule
D. Starting a task a few days earlier on the critical path
Answer: C. Buying insurance against weather impacting a construction schedule
When transferring as a risk response strategy, the risk is either completely or partially shifted to a third party. The risk is not actually removed entirely though, rather the responsibility has simply been reassigned. Insurance is a common method to transfer a risk.
Avoid risk strategy
A blizzard is scheduled to arrive at 8:00 AM next Monday, exactly when the department’s day-long conference is scheduled. Which of the following is an example of avoiding the risk?
A. Reschedule the meeting date to Tuesday.
B. Extending the meeting end time from 4:00 PM to 5:00 PM.
C. Switching the conference to a video teleconference.
D. Changing the start time from 8:00 AM to 9:00 AM.
Answer: C. Switching the conference to a video teleconference.
Risk avoidance must eliminate the threat entirely. Reduction of probability or impact would be mitigation. In this case, although a video teleconference may not be as effective, the risk was completely avoided if that is the intended goal.
Stakeholder analysis models
Types of stakeholder analysis models include all of following except:
A. Influence/satisfaction grid
B. Influence/impact grid
C. Power/interest grid
D. Power/influence grid
Answer: A. Influence/satisfaction grid
Common stakeholder analysis models are power/interest grid, power/influence grid, influence/impact grid, and salience mode.
Collect Requirements outputs
As a result of the Collect Requirements process, you could have:
A. Requirements documentation, project scope statement, WBS
B. Requirements documentation, requirements management plan
C. Project scope statement, requirements management plan
D. WBS, WBS dictionary
Answer: B. Requirements documentation, requirements management plan
The potential outputs of the Collect Requirements process are requirements documentation, requirements management plan, and requirements traceability matrix.
Least accurate estimating type
Which of the following estimating types provides the least accuracy?
A. Analogous
B. Engineering
C. Bottom-up
D. Grass roots
Answer: A. Analogous
Analogous is a top-down estimate. It usually only takes a short period of time to estimate since it is based on historical information and expert judgment. As a result, it generally produces less accurate outputs when compared to the others on the list, which provide estimates at the greatest level of detail.
Calculating Schedule Variance (SV)
If EV = 25,000, PV = 30,000, and AC = 29,000, what is the SV?
A. -5,000
B. -1,000
C. 1,000
D. 5,000
Answer: A. -5,000
SV (Schedule Variance) is calculated by EV (Earned Value) – PV (Planned Value). The -5,000 means that the project is behind schedule.
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