PM Test Center » planning

Anonymous consensus for risk identification

Gabe Young — Fri, 30 Jul 2010 04:01:03 +0000

An anonymous way to reach a consensus of experts when identifying risks is:

A. Interviewing
B. Delphi technique
C. Root cause analysis
D. Brainstorming

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Active acceptance response strategy

Gabe Young — Wed, 28 Jul 2010 04:01:32 +0000

You and your sponsor agree to actively accept the quality risk of using a non-certified engineer on the project. What will you be doing?

A. Nothing. You will only react if the risk event occurs.
B. Find a way to decrease the probability or impact of the risk.
C. Create a contingency plan in the event the risk event occurs.
D. Insure the risk so your company can be compensated if the risk event occurs.

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Two things cannot happen at once

Gabe Young — Mon, 26 Jul 2010 04:01:02 +0000

As Elaine documents test results, she completes each case with either a pass or a fail. This is an example of:

A. Standard deviation
B. Mutually exclusive
C. Statistical independence
D. Fitness for use

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Enhance risk response strategy

Gabe Young — Fri, 23 Jul 2010 04:01:40 +0000

One way to enhance a positive 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 later on the critical path

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Exploit response strategy

Gabe Young — Mon, 19 Jul 2010 04:01:42 +0000

While managing a project for a new playground, one of your team members uncovers an opportunity to exploit a risk. Most likely, he found a way to:

A. Increase the probability or impact of a risk
B. Ensure that a positive risk is realized
C. Decrease the probability of impact of a risk
D. Eliminate the threat entirely

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Estimating type that takes the most amount of time

Gabe Young — Sun, 18 Jul 2010 04:01:31 +0000

Which of the following estimating types takes the most amount of time to prepare?

A. Bottom up
B. Analogous
C. Parametric
D. Top down

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Example of fringe benefits

Gabe Young — Fri, 16 Jul 2010 04:01:31 +0000

While interviewing for a new job, the hiring manager tells you that there are fringe benefits tied to the position. Based on what you know about these benefits, these could include any of the following except:

A. Health plan
B. 401k contributions
C. Company car
D. Tuition reimbursement

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Herzberg’s Theory – motivation agents

Gabe Young — Thu, 15 Jul 2010 04:01:47 +0000

Which of the following is an example of Herzberg’s Theory’s motivation agents?

A. Increased salary
B. Recognition of tenure milestone at the company annual meeting
C. Company car
D. Increased responsibility

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Activity-on-Arrow (AOA) disadvantage

Gabe Young — Wed, 14 Jul 2010 04:01:19 +0000

One disadvantage of using Activity-on-Arrow (AOA) is that:

A. Only finish-to-start relationships can be used.
B. Negative lag is not shown.
C. There can only be one critical path.
D. Project duration is limited to the total of all dummy activities.

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Exploit risk strategy

Gabe Young — Sun, 11 Jul 2010 04:01:30 +0000

The project is currently behind schedule and with the goal of catching up, you decide to ensure that you reduce the time. Which of the following is an example of exploiting the risk?

A. Assign the most experienced and most talented personnel on any task.
B. Assign the most experienced and most talented personnel on a critical task.
C. Buy insurance against the delay.
D. Find a logical partner to share the risk with.

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