PMI Practice Questions 1

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Questions and Answers

How should the project manager begin improving the organization's processes?

  • Work with the project management office (PMO) to develop process improvements for all active and future projects.
  • Work with the project team members to learn the various interdependencies and why the current processes are in place (correct)
  • Maintain processes on active projects, implementing agile approaches in new projects.
  • Task one of the team members to manage quality analysis in the current projects.

What should the project manager do first to ensure effective communication in a software development project with a geographically dispersed team?

  • Identify potential stereotypes and cultural conflicts.
  • Ensure all team members have access to team chats. (correct)
  • Move all communication offline because of infrastructure imbalances.
  • Establish a buddy system for peer feedback and collaboration.

A project manager is working on a complex project with resources from multiple countries. What should the project manager develop to ensure the resources have access to the information they need?

  • Organizational process asset (OPA) addressing organizational culture and structure.
  • Organizational project management (OPM) framework.
  • Communications management plan. (correct)
  • Horizontal hierarchical focus.

How can issues of expired software being used by a customer be addressed without impacting the transition in a new operations support project?

<p>Call for a Steering Committee meeting with respective stakeholders and take the risk acceptance sign off from them and proceed with the transition. (D)</p> Signup and view all the answers

A company with a high maturity level on predictive projects asks a project manager to use iterative tools in their current project with a limited budget. What should the project manager do first?

<p>Assess the feasibility of using iterative tools within the project's budget. (A)</p> Signup and view all the answers

Three team members share a common role but describe it differently: Eli: "I write JavaScript code." Ann: "I am developing inventory software." Kal: "I am working on a solution to increase product sales." Why is Kal more likely to perform better in the project?

<p>Kal will be more motivated by purpose, which will help to overcome challenges. (B)</p> Signup and view all the answers

A project manager has identified a misalignment with the strategic and business objectives in the project charter and recognizes the need for realignment. What should the project manager do?

<p>Review with the stakeholders and make corrections in the project charter. (B)</p> Signup and view all the answers

A team is working on a project using a hybrid approach, and they are facing a lot of obstacles and blockers from some stakeholders. What should the project manager do to improve project performance?

<p>Address and remove obstacles and blockers for the team. (C)</p> Signup and view all the answers

A project manager is assigned to a sophisticated project with globally dispersed stakeholders. The project manager learns that a senior stakeholder requested project information from a team member directly. What should the project manager do?

<p>Consult the communications management plan. (B)</p> Signup and view all the answers

A project manager performs a cost-benefit analysis for a project in its planning stage. The result of the analysis shows a ratio of 0.75. What does this value indicate and how should the project manager respond?

<p>The project's costs outweigh the benefits, so the project sponsor should be consulted to determine the project's feasibility. (D)</p> Signup and view all the answers

After a recent company reorganization, a project manager is given a new project with a team that has never worked together. The project manager is very busy with current projects and has limited availability. What should the project manager do first?

<p>Work with the team to create a social contract and encourage the team to work together. (C)</p> Signup and view all the answers

A project manager is developing the schedule management plan for a construction project. The project sponsor has asked for a schedule with zero total float. The project manager is presented with possible network paths that will not violate schedule constraints. What leads and lags relationship should the project manager select?

<p>Early finish equals the late finish in all activities. (B)</p> Signup and view all the answers

A company has a history of implementing system integration projects using their in-house software with a vendor hardware infrastructure. A project manager, new to the company, has no prior experience with vendor integration projects. What should the project manager do?

<p>Seek expert judgment. (D)</p> Signup and view all the answers

A project team successfully achieved a key milestone. To do this, the team met critical technical requirements on a new process, and then used the process to develop the first of several similar deliverables. Why should the project manager document the lessons learned repository?

<p>The new process resulted in benefits that could be applied to future projects. (D)</p> Signup and view all the answers

An organization is launching an agile project. The stakeholders have accepted the iterative delivery approach and the scope statement. The project manager's next task is to ensure that the project team has a clear understanding of the work needed. What should the project manager do next?

<p>Working with the project team, build the work breakdown structure (WBS) and work packages by decomposing the scope to develop the timeline and deliverables. (B)</p> Signup and view all the answers

The project team has stated that a deliverable does not meet a specific requirement. The supplier of the deliverable responded that they were not informed of this requirement. Which document should the project manager refer to in order to address this issue?

<p>Requirements traceability matrix (C)</p> Signup and view all the answers

How does a project manager increase the likelihood of a project being a success?

<p>Get stakeholders buy-in from the start. (D)</p> Signup and view all the answers

A project to expand a municipal building is on schedule and within budget. During excavation for the foundation, the project manager learns that the new addition will cover the ruins of a historical site. As a result, the construction will need to be moved to a different location. What should the project manager do first?

<p>Assess the impact of the change and develop a revised project plan. (A)</p> Signup and view all the answers

A project manager discovers that a subcontractor has missed a critical deadline but asks the PM to cover up the delay to avoid penalties. According to the PMI Code of Ethics, what should the project manager do?

<p>Report the delay truthfully and work on a corrective action plan. (C)</p> Signup and view all the answers

A project manager is implementing a data-driven process improvement approach to reduce defects in manufacturing. The team follows Define, Measure, Analyze, Improve, and Control (DMAIC) steps. What methodology are they using?

<p>Six Sigma</p> Signup and view all the answers

A project manager wants to ensure that project stakeholders can quickly review real-time project progress using visual charts and performance indicators. What tool should they use?

<p>Dashboard (C)</p> Signup and view all the answers

A project manager is tracking the progress of an Agile project and wants to ensure both the work completed and scope changes are visible. Which tool should they use?

<p>Burnup Chart (A)</p> Signup and view all the answers

A project manager is working on a highly complex aerospace project where the total cost is uncertain, and the contractor will be reimbursed for all expenses plus a profit margin. What type of contract is being used?

<p>Cost Plus Fixed Fee (CPFF) (B)</p> Signup and view all the answers

Your project team is facing resource overallocation, and you need to resolve this issue while ensuring no team member is overburdened. However, this may extend the project timeline. Which technique should you use?

<p>Resource leveling (D)</p> Signup and view all the answers

A Product Owner is refining backlog items for an Agile team. Which of the following best aligns with the INVEST principles?

<p>Writing a user story that is independent, testable, and provides clear business value (C)</p> Signup and view all the answers

Your organization adopts Lean project management to enhance efficiency. Which of the following actions best aligns with Lean principles?

<p>Mapping the value stream and eliminating non-value-added activities (C)</p> Signup and view all the answers

A project manager is identifying key stakeholders and wants to ensure they are categorized based on their power, interest, and attitude toward the project. Which stakeholder mapping tool should be used?

<p>Stakeholder Mapping Cube (C)</p> Signup and view all the answers

A project manager is leading a high-profile project, and executives emphasize that the project must deliver a minimum 15% ROI within the first year. This requirement is an example of:

<p>Critical Success Factor (CSF) (B)</p> Signup and view all the answers

You are leading an adaptive project for a software development team using an Agile framework. A key stakeholder from the finance department insists on having a detailed scope, budget, and timeline fixed upfront before approving the project. However, your Agile team follows an incremental delivery approach with evolving requirements. As the project manager, what is the best course of action to address the stakeholder's concerns while maintaining the Agile approach?

<p>Explain the Agile approach and provide a high-level roadmap with projected releases instead of a fixed plan. (A)</p> Signup and view all the answers

A company is evaluating multiple project proposals and has asked you, as the project manager, to provide input on which project should be selected. The organization follows a value-driven approach and prefers projects that offer the highest financial benefit over time while considering risk.

Given the following financial data for the proposed projects, which project should be prioritized based on the organization’s preferences?

Project A: High ROI but low NPV due to uncertain market conditions. Project B: High NPV but moderate ROI, with stable long-term benefits. Project C: High Payback Period, meaning it takes longer to recover the investment but has strong strategic value. Project D: High IRR but volatile financial projections. What is the best approach for selecting the right project?

<p>Select Project B, because NPV measures the overall value created for the organization. (B)</p> Signup and view all the answers

Flashcards

Improving Org Efficiency

Assess current processes, identify inefficiencies, and implement hybrid practices for improved project delivery.

Effective Communication

Establish a communication management plan that addresses time zones and cultural differences.

Information Accessibility

Develop a communication management plan to provide necessary information access.

Address Expired Software

Address the expired software issues by creating a risk mitigation plan.

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Iterative Tools

Assess the project and determine if the new tools will be helpful within the budget constraints.

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Outcome Focus

Kal understands the bigger picture and focuses on outcomes, not just tasks.

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Address Expired Software

Address the expired software issues by creating a risk mitigation plan.

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Misalignment

Communicate with project sponsors/stakeholders to address and realign the business objective.

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Project roadblocks

Engage stakeholders to understand obstacles and collaboratively find solutions.

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Communication protocols

Clarify communication protocols and stakeholder management plan with senior stakeholders.

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Cost-Benefit Ratio

The project is not viable and should be reassessed or canceled.

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New Project

Prioritize team-building activities despite limited time.

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Project schedule

Select finish-to-finish relationships with maximum leads.

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New to the company

Gather information about vendor integration projects.

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Lessons Learned

To formalize and share the process improvements made during the milestone achievement.

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Next task

Break down the scope into smaller increments.

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Not meeting requirements

Check requirement documentation.

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Increase likelihood

Clearly define scope, objectives, and requirements.

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Historical Site

Assess the impact.

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PMI Conduct

Report Truthfully

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Data Improvements

Six Sigma Methodology

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Real-time Updates

Dashboard

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Kanban Board

Burnup Chart.

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Uncertain Costs

Cost Plus Fixed Fee (CPFF)

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Resolve Overallocation

Resource Leveling

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Refining Backlog

Follow INVEST Principles.

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Lean project

Mapping the value stream and eliminating non-value-added activities.

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Tools to use.

Stakeholder Mapping Cube

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Profile Project

Critical Success Factor (CSF).

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Software Development Team

Explain the Agile approach.

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Study Notes

  • A new project manager should work with team members to understand interdependencies and the reasoning behind current processes when improving an organization's processes.
  • To ensure effective communication within a geographically dispersed software development team, the project manager should ensure all team members have access to team chats.
  • For a complex project with resources from multiple countries, a project manager should develop a communications management plan to ensure resources can access necessary information.
  • When a customer uses expired software, issues can be addressed without impacting the transition by calling a Steering Committee meeting with stakeholders to gain risk acceptance sign-off.
  • When a project manager is asked to use iterative tools in a project, feasibility should first be assessed within the project's budget.
  • Kal is more likely to perform better because they will be more motivated.

Project Charter Misalignment

  • If a project manager identifies a misalignment with the strategic and business objectives in the project charter, they should review it with the stakeholders and make corrections.
  • To improve project performance when facing obstacles, obstacles and blockers for the team should be addressed and removed.
  • If a senior stakeholder requests project information from a team member directly, the communications management plan should be consulted.
  • A cost-benefit analysis ratio of 0.75 indicates the project's costs outweigh the benefits, so the project sponsor should be consulted to determine the project's feasibility.
  • A project manager should work with the team to create a social contract and encourage teamwork when assigned a new project with a team that has never worked together.
  • Schedule management plan for a construction project with zero total float: the project manager should select leads and lags that ensure early finish equals the late finish in all activities.

Project Manager Actions

  • A new project manager with no prior experience with vendor integration projects should seek expert judgment.
  • To apply new process benefits to future projects, to document the lessons learned repository when a milestone has been achieved.
  • For an agile project, after stakeholders have agreed to the iterative delivery approach and scope statement, the project manager should build the WBS and work packages, decomposing the scope to develop the timeline and deliverables.
  • If a project team says a deliverable does not meet a requirement, the project manager should refer to the requirements traceability matrix to address the issue.
  • Gaining stakeholder buy-in from the start increases the likelihood of a project being a success.

Project Management Scenarios

  • During excavation, if a project manager learns that the addition will cover the ruins of a historical site, the impact of the change should be assessed and a revised project plan developed.
  • If a subcontractor misses a critical deadline but asks the PM to cover it up, the project manager should report the delay truthfully and work on a corrective action plan, which aligns with the PMI Code of Ethics regarding honesty and responsibility.
  • A team utilizing the Define, Measure, Analyze, Improve, and Control (DMAIC) steps for process improvement is using the Six Sigma methodology.
  • A dashboard provides real-time updates with visual project summaries which allows project stakeholders to quickly review real-time project progress.
  • A burnup chart is the best tool for monitoring progress and scope changes, as it tracks both completed work and total project scope for Agile projects.
  • When the cost is uncertain, the contractor will be reimbursed for all expenses plus a profit margin, indicating a Cost Plus Fixed Fee (CPFF) contract.
  • Resource leveling should be used when resource constraints require delaying activities, even if it extends the project timeline.
  • Writing a user story that is independent, testable, and provides clear business value best aligns with the INVEST principles.
  • Mapping the value stream and eliminating non-value-added activities best aligns with Lean principles.
  • A Stakeholder Mapping Cube considers power, interest, and attitude which makes it the best stakeholder mapping tool.
  • A 15% ROI requirement is a high-level must-have making it a Critical Success Factor (CSF).
  • For an adaptive project with an Agile framework, explaining the Agile approach and providing a high-level roadmap with projected releases instead of a fixed plan is the best course of action.

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