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PMP: Project Management Professional

  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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. Calculating the expected monetary value (EMV) of a project risk is found by....

2. A schedule network analysis technique applied to a schedule that has already been analyzed by the critical path method. It can be used when shared or critical required resources are only available at certain time - are only available in limited quan

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

4. Mock-up technique that uses software to simulate project charactereristics to determine possible outcome

5. 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.

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

7. 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.

8. ID all potential project stakeholders - Identify the potential impact or support each other stakeholder could generate and classify them ...ie the grids - Assess how key stakeholders are likley to react or respond in various situations

9. 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.

10. Best form power to use. Someone receives a benefit for doing something that is needed

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

12. Amount of time that an activity can slip or be delayed without delaying the finish date of the project (or activity or published project completion date)

13. Proactive stance to development - one that makes improvement throughout a process

14. The consequences (good or bad) or the amount at stake if something does occur

15. Request made by someone on a project not approved and has no impact

16. Forecasting methods that uses the assumption that is possible to identify the underlying factors that might influence the variable that is being forcasted

17. A delay between activities. You use it when there is some type of constraint in which something must wait before it can continue

18. Type of Mgmt Style where managers have an appealing persona that makes team members enjoy working with them

19. Diagramming type where the activity is on the arrow or line and the circle or box connects the activities

20. Activity A must be completed before Activity B

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

22. Close out any contracts w/ outside vendors - Deliver any required reports associated w/ closure (OPA updates) - Complete any close project or phase activites - Performed lessons learned - Complete the archives of any project files (OPA updates) - Rel

23. Cost associated with conformance to requirements and the step taken to elimate non-conformance

24. Deals with the Unkown Unkowns and are not in the Project Plan Contingency Reserves VS Mgmt Reserves

25. Difference between internal and external risk

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

27. Used to asses the impact and consequnces of requested changes on the project

28. Doing activites in parallel that are that are normally in sequence. Inc cost could occur with rework but additional risk could occur because of possible rework.

29. Type of communication that convey more than just words (inflection of voice body language)

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

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

32. It means that you are current on commincation activity and that you are kept in the project communication loop as musch as possible

33. Type of power comes from an attitude or presence that a person has and the corresponding type of influence this person has on the team. It could also come from someone who aligns with other people in a powerful posistion at the company or on the team

34. Invokes determining the latest that an activity can start w/o delaying the activites that follow it.

35. Type of communication method between two or more parties performing a multidirectional exchange of information. It is the most efficient way to ensure a common understanding by all participants on specified topics - and inclues meetings - and phones

36. Techinque of systemically gathering and analyzing quantitative and qualitative information to determine whose interest should be taken into account throughout the project

37. 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)

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

39. Shows what has been accomplished at a given time frame

40. In the project coordinator form of a matrix organization - project coordinators often....

41. The narrative description of the project scope - including major deliverables - project assumptions - project constraints - and a description of work - that provides a documents basis for making future project decisions and for confirming or developi

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

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

44. Type of grid that groups the stakeholders based on thier level of authority and their level of concern regarding the project outcomes

45. In the area of legal risks the reasons for licensing of projects

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

47. Type of Mgmt style that tries to find a common goal when there is a disagreement. This style is ideal when there are varying technical opinions or disagreement among resources managers

48. Approach for scheduling that emphasizes resources flexibility - by using duration buffers for resources - and leveling over the course of the project to accommadate

49. The amount of time something can be delayed w/o delaying the PUBLISHED finish date

50. Used for communication and information distribution on the project - not necessarily a hightech system but what ever is used for project communication on the project. Normally a mixture of technology and non-technology.