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Q51. - (Topic 3)
A project manager has been working on a project for several months and the final deliverable has just been accepted by the customer. The project team is already preparing for transition to future projects, and the project manager drafts a memo reminding the project team that there are a few more tasks to complete before the team is released. The project manager is MOST likely to address which of the following tasks in the memo? (Select TWO).
A. Validating the project charter
B. Recognizing the project sponsor
C. Hosting a lessons-learned event
D. Developing the risk register
E. Developing final cost reports
Answer: C,E
Q52. - (Topic 1)
A third party product warranty is an example of which of the following types of risk response?
A. Risk sharing
B. Risk avoidance
C. Risk acceptance
D. Risk transfer
Answer: D
Q53. - (Topic 1)
A project has been running for four months. The planned value to this point is $100,000. The actual cost is an average of $30,000 per month. Earned value is $90,000. Which of the following is the current cost performance index?
A. 0.75
B. 1.25
C. $20,000 over budget
D. Not enough detail to determine
Answer: A
Q54. - (Topic 1)
Which of the following risk responses would be characterized by having knowledge of a risk event and taking advantage of the risk?
A. Accepting
B. Enhancing
C. Exploiting
D. Sharing
Answer: C
Q55. - (Topic 1)
The project charter contains a list of project limitations also known as:
A. variances.
B. constraints.
C. assumptions.
D. milestones.
Answer: B
Topic 2, Exam Set 2
101. - (Topic 2)
During project implementation of combining two database servers into a single server, it is discovered that the database support contract is not going to be renewed at the end of the current fiscal year. The project is scheduled to start in the current fiscal year and will be carried over to the next fiscal year to split funding. Which of the following components of a project plan is affected and which action should be taken?
A. Issues log and initiate change control
B. Project schedule and implement approved changes
C. Budget and follow communications plan
D. Risk register and manage risks
Answer: A
Q56. - (Topic 3)
A two year project is three months away from launch when a new change is introduced. Once the project manager performs an impact analysis, which of the following should be done NEXT?
A. Determine new milestones
B. Update the project plan
C. Meet with the stakeholders
D. Level the resources
Answer: C
Q57. - (Topic 3)
A project manager is leading a discovery session involving a quality problem discovered in the manufacturing process for a time-sensitive product. In an effort to expedite the process of resolving quality control issues the team would like to focus on improvements that would result in the greatest positive impact to the quality of the product. A data set has been collected over time and is ready for use by the project team. Which of the following graphical data tools would be MOST appropriate to help the project team achieve its stated goals?
A. Pareto chart
B. Delphi model
C. Run chart
D. Histogram
E. Ishikawa diagram
Answer: A
Q58. - (Topic 2)
Which of the following is part of the project closure phase?
A. Review historical documentation
B. Log change requests
C. Release resources
D. Renew contracts
Answer: C
Q59. - (Topic 2)
Which of the following are common components of a transition plan?
A. Warranties, user support center, knowledge transfer, and transition dates
B. Extended support, warranties, user support center, and knowledge transfer
C. Transition dates, training, extended support, and warranties
D. Training, extended support, warranties, and user support center
Answer: C
Q60. - (Topic 2)
A project is generating a lot of concern from team members who feel they do not know what customers want. This issue could have been prevented by including which of the following activities in the project kick-off meeting?
A. Define the business risks
B. Define roles and responsibilities
C. Define stakeholder expectations
D. Define high level timeline
Answer: C