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PMP: Project Management Professional

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The Process of prioritizing risk for further analysis or action by assessing and combining their probability of occurrence and impact - The Process of numerically analyzing the effect of identified risks on overall project objectives






2. One of the biggest potential problems facing a project team member in a strong matrix is....






3. Shows the type of resources broken down






4. Shows the risk that potentially occur broken down by risk category






5. Process of developing a document that formally authorizes a project or a phase and document initial requirements that satisfy the stakeholders needs and expectations






6. Shows how the project organization is structure to accomplish project activities






7. PM and team work to create a complete estimate from the bottom(activity level) up and roll it up to the total estimate. Main advantage - detail accuracy. Main dis ad - can take time to create






8. A deliverable or project work component at the lowest level of each branch of the work breakdown structure






9. Used with sceduling enviroments in which a forward pass establishes the easrliest the activities can start (ES) and finish (EF) and a backward pass establishes the latest the activites can start (LS) and finish (LF)






10. Components - assemblies - sub assemblies used to build a product or service Whaty are the 4 breakdown structures?






11. Information Gathering Techniques from Identify Risks - tools and technique






12. Conflict Solution where there is an action in which a direct order to resolve something is given. It is typically the worst type of conflict resolution.






13. Request that have been through the changes control system and approved. They are now part of the project with any potential ipact now affecting the project Difference between requested changes and approved changes






14. In fixed pricing the most important consideration is ____.






15. An inventory managment process that lets a company have little or no excess inventory in stock- Ideally a stocks ZERO inventory with supplies arriving only when needed for the products being built






16. Putting more resources on the Critical Path activites. Usually increases cost but minimal risk exposure






17. Process of determining the project stakeholder information needs and defining a communication approach. Who needs what information - when they need it - how it will be provided to them and by whom.






18. Factors that limits project options such as the number of people available - amount of time or money available to finish the job or other resources or assest issues






19. Strategy defines as approach to increase the support and minimize negative impacts of stakeholders throughout the entire project life cycle






20. Provides details of the planned Scope for the project - this includes the Project Scope Statment - WBS - WBS dictionary. It is the key output in the Create WBS.






21. Deals with how we are effeiciently using our money






22. Formal or informal system used in project mgmt to ensure that work is done as planned. It ensures that right work is done in the right order at the right time by the right people






23. Model describing classes of stakeholders based on thier power - urgency and legitmacy






24. Which organization does conflict occur the most in managing projects






25. Earlier in the project - the PM does directing - as the project evolves the PM shifts towards coaching. As the project gets a great deal of work accomplished - the PM goes to a Facilitator. The PM then goes to support at project closure






26. Calculating the expected monetary value (EMV) of a project risk is found by....

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27. Group whose function is to review - approve or reject changes on the project as they relate to the various areas of the represented bussiness






28. The company's quality system must conform to the criteria set forth in ISO 9001.






29. Standard is associated with companies that wish to document their process and adhere to those processes






30. Type of grid that groups the stakeholders based on their level of authority and their active involvement in the project






31. Characteristics which indicate that a risk event is possible in the near future. They are identified when the risk are identified






32. Can come from the following factors: Business Need - Market Demand - technological advance - customer request - legal requirements






33. Form of power is one that project managers must earn on their own.






34. An after the fact look at what caused a difference between the basline and the actual performance






35. Play a huge role in planning - When you perform project management part of the concept of Planning is to deal with items unkown. You must make assumptions for scheduling and bugeting. In most cases as the project evoles - you learn more about it.






36. Process of Confirming human resources availibilty and obtaining the team necessary to complete project assignments






37. Commuincation within the project






38. A network diagramming technique in which schedule activites are represented by boxes (or nodes)






39. Describes when and how human resource requirments will be met. It is part of the Human Reources plan wich in turn is part of the Project Managment plan






40. Quality philosophy that focus on proactive attitude toward quality with a detail toward statistical analysis to document improvement






41. Formula use to calculate time or cost. It performs a weighted avg of the pessimistic - optimistic - and realistic estimates.






42. Process of communication and working with stakeholders to meet their needs and addressing issues as they occur






43. Process that helps determine where a project fits in the big picture of planning at the company - It also could be used to address a goal-setting technique which emphasizes establishing attainable goals and monitoring for variance then adjusting as n






44. A constraint that must be completed before subsequent items can start






45. The Process deciding how to approach and conduct the risk managment activities for a project






46. Conflict Solution where there is an effort in which attempts are made to work out the actual problem. It is the best type of conflict resolution






47. A jeopardy that results from the implementation of a risk repsonse






48. One advantages of sensitivity analysis is?






49. Communication up and down the organization






50. Considering both development and operating costs when evaluating project alternatives