Quiz-summary
0 of 30 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
Information
Certified Associate in Project Management
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 30 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- Answered
- Review
-
Question 1 of 30
1. Question
Which cost estimation and budgeting methodology will measure the cost of the entire package comprising a number of units if the unit cost is known, perhaps from historical information?
Correct
Parametric estimation: This is a method that allows an approximation using certain parameters and mathematical correlations between them. Depending on the precision of the sum of money and other data that goes into the calculation, this method can yield very reliable outcomes.
Incorrect
Parametric estimation: This is a method that allows an approximation using certain parameters and mathematical correlations between them. Depending on the precision of the sum of money and other data that goes into the calculation, this method can yield very reliable outcomes.
-
Question 2 of 30
2. Question
Assume that developing a software would take 20 hours for a developer. The estimated cost of hiring a developer is $50 per hour. The cost of developing this software is then $1,000, given that anything else required for this software, such as a machine, is in place. What type of estimation method has been employed?
Correct
Bottom-up estimation: In order to calculate the cost of the whole component, this method involves calculating the cost of the parts of a component and then combining the cost of those parts. When you can normally make a better approximation of a part than the whole, this method can produce precise results, which is typically the case where adequate information is present.
Incorrect
Bottom-up estimation: In order to calculate the cost of the whole component, this method involves calculating the cost of the parts of a component and then combining the cost of those parts. When you can normally make a better approximation of a part than the whole, this method can produce precise results, which is typically the case where adequate information is present.
-
Question 3 of 30
3. Question
A reserve review at the budget level requires, in addition to the contingency reserve, the management reserve. What is the difference between these two types of reserves/funds?
Correct
Contingency reserves are assets that can be mobilized in the event of one or more known threats to cope with unplanned incidents that can possibly occur. However, management reserves are the assets that can be included in certain areas of the project, such as the project scale, in the case of unexpected yet potential improvements.
Incorrect
Contingency reserves are assets that can be mobilized in the event of one or more known threats to cope with unplanned incidents that can possibly occur. However, management reserves are the assets that can be included in certain areas of the project, such as the project scale, in the case of unexpected yet potential improvements.
-
Question 4 of 30
4. Question
A particular version of the project plan generated by the review of the schedule network and data from the schedule model is referred to as:
Correct
Schedule baseline: This is a particular iteration of the project schedule built from the study of the schedule network and the model data of the schedule. This is the accepted version of the timetable with a commencement and a finish date, and it is used as the framework for assessing the success of the project schedule.
Incorrect
Schedule baseline: This is a particular iteration of the project schedule built from the study of the schedule network and the model data of the schedule. This is the accepted version of the timetable with a commencement and a finish date, and it is used as the framework for assessing the success of the project schedule.
-
Question 5 of 30
5. Question
Which of the following parameters does not require to be closely supervised and improved when you progress with the earned value management (EVM)?
Correct
There are only three parameters that need to be carefully watched and established when you step into EVM: expected value, earned value, and actual cost. The remaining variables and the evaluation of the earned value are based primarily on these three basic parameters.
Incorrect
There are only three parameters that need to be carefully watched and established when you step into EVM: expected value, earned value, and actual cost. The remaining variables and the evaluation of the earned value are based primarily on these three basic parameters.
-
Question 6 of 30
6. Question
You are a project coordinator for the building of a 16-mile road and that over 12 weeks the job is spread equally. $600,000 is the overall approved budget for this initiative. $125,000 was invested at the conclusion of the first four weeks of construction and four miles of road were completed. In this scenario, what will the earned value be?
Correct
Earned value (EV) is the value of the actual work done presented over a given amount of time in terms of the approved budget for a project or a project operation. As seen by the formula here the value earned is equal to the fraction of the overall work carried out:
EV= BAC multiplied by (work finished/total work needed)= $600,000 (4 miles/16 miles)= $150,000Incorrect
Earned value (EV) is the value of the actual work done presented over a given amount of time in terms of the approved budget for a project or a project operation. As seen by the formula here the value earned is equal to the fraction of the overall work carried out:
EV= BAC multiplied by (work finished/total work needed)= $600,000 (4 miles/16 miles)= $150,000 -
Question 7 of 30
7. Question
Which of the following is a predictor of a project’s cost efficiency that demonstrates if or not you are receiving your money’s fair value?
Correct
Cost performance index (CPI): Received benefit reflects the value of the work done and the money expended reflects the real cost. So the CPI shows whether you’re getting the money’s equal worth. This is a cost-effectiveness calculation of a project measured by dividing the received benefit by the total cost.
Incorrect
Cost performance index (CPI): Received benefit reflects the value of the work done and the money expended reflects the real cost. So the CPI shows whether you’re getting the money’s equal worth. This is a cost-effectiveness calculation of a project measured by dividing the received benefit by the total cost.
-
Question 8 of 30
8. Question
What does a Cost Performance Index (CPI) value greater than one mean?
Correct
A Cost Performance Index (CPI) value greater than one demonstrates great performance, while a value lower than one signifies weak performance. One is the predicted value of CPI.
Incorrect
A Cost Performance Index (CPI) value greater than one demonstrates great performance, while a value lower than one signifies weak performance. One is the predicted value of CPI.
-
Question 9 of 30
9. Question
The success of the schedule applies to how well you implement your project schedule as calculated against the goals laid out in the strategy for project management. The planned value is:
Correct
The planned value (PV) or budgeted cost for the scheduled work (BCWS) is the approved cost up to a particular point in time for the proposed work on the project or project activity. PV is essentially how much you have been able to invest so much in the percentage of time spent on the calendar.
Incorrect
The planned value (PV) or budgeted cost for the scheduled work (BCWS) is the approved cost up to a particular point in time for the proposed work on the project or project activity. PV is essentially how much you have been able to invest so much in the percentage of time spent on the calendar.
-
Question 10 of 30
10. Question
Suppose you are interviewed for a project management role by a functional manager and you are asked a question based on the conditions like the project is well behind the timeline, there are no external tools available to execute tasks, such as funds or project team members, and you have to incorporate all the scheduled functionality. From the standpoint of project management, this is a prime example of:
Correct
The triple constraint: the core of every project is its scope, time, and expense. The scheme is behind budget, meaning there is a shift in the timetable. At least one of the other two parameters must then alter. You should either be given additional funding to recruit more human staff if you intend to reach the deadline, or the scope of the project should be adjusted, ensuring any of the functionality will be left out.
Incorrect
The triple constraint: the core of every project is its scope, time, and expense. The scheme is behind budget, meaning there is a shift in the timetable. At least one of the other two parameters must then alter. You should either be given additional funding to recruit more human staff if you intend to reach the deadline, or the scope of the project should be adjusted, ensuring any of the functionality will be left out.
-
Question 11 of 30
11. Question
The subtraction of the actual expense from the benefit earned provides us with:
Correct
Cost variance (CV): This is a cost-efficiency metric in terms of divergence from the schedule from fact, and it is derived by subtracting the earned value (EV) from the actual cost (AC).
Incorrect
Cost variance (CV): This is a cost-efficiency metric in terms of divergence from the schedule from fact, and it is derived by subtracting the earned value (EV) from the actual cost (AC).
-
Question 12 of 30
12. Question
Which of the following variables of a project always have the same value?
Correct
The project’s overall planned value (PV) is the same as the completion budget. The budget at completion (BAC) is the cumulative budget approved to carry out the project work (or operation of the project), also referred to as the planned budget. In other words, that is the expense in the project management plan that was initially projected.
Incorrect
The project’s overall planned value (PV) is the same as the completion budget. The budget at completion (BAC) is the cumulative budget approved to carry out the project work (or operation of the project), also referred to as the planned budget. In other words, that is the expense in the project management plan that was initially projected.
-
Question 13 of 30
13. Question
Suppose you are a project manager for the design of a building with 10 floors and believe that the job is spread evenly over 15 weeks. For this initiative, the overall approved budget is $100,000. $15,000 had been invested at the close of the first four weeks of work, and 5 floors of the building had been completed. What would be its cost variance?
Correct
In terms of the divergence of fact from the schedule, cost variation (CV) is a metric of cost efficiency and is obtained by subtracting the total cost (AC) from the earned value(EV). Now, the earned value is $100,000 (5 floors/ 10 floors) = $50,000 and the actual cost is $15000.
CV= EV-AC = $50000 – $15000 = $35000Incorrect
In terms of the divergence of fact from the schedule, cost variation (CV) is a metric of cost efficiency and is obtained by subtracting the total cost (AC) from the earned value(EV). Now, the earned value is $100,000 (5 floors/ 10 floors) = $50,000 and the actual cost is $15000.
CV= EV-AC = $50000 – $15000 = $35000 -
Question 14 of 30
14. Question
Why is the value of the cost variance (CV) anticipated to be zero?
Correct
As we assume the value earned to be equal to the real expense, the estimated CV value is zero. The positive outcome suggests better than expected cost efficiency, while a poor finding indicates lower than expected cost performance. One method of reference is variance, and the ratio is another.
Incorrect
As we assume the value earned to be equal to the real expense, the estimated CV value is zero. The positive outcome suggests better than expected cost efficiency, while a poor finding indicates lower than expected cost performance. One method of reference is variance, and the ratio is another.
-
Question 15 of 30
15. Question
Which statement correctly describes the project with a CPI value of 0.5 and an SPI value of 1.5?
Correct
A CPI value greater than one reveals good performance, whereas a value smaller than one suggests poor performance. Thus, the CPI value of 0.5 refers to a poorer performance. The SPI is a calculation of the performance of a project’s timetable that demonstrates how the work is done relative to the expected work. Thus, the SPI value of 1.5 refers to a great pace of the project. The performed work is more than the expected work thus it costed less.
Incorrect
A CPI value greater than one reveals good performance, whereas a value smaller than one suggests poor performance. Thus, the CPI value of 0.5 refers to a poorer performance. The SPI is a calculation of the performance of a project’s timetable that demonstrates how the work is done relative to the expected work. Thus, the SPI value of 1.5 refers to a great pace of the project. The performed work is more than the expected work thus it costed less.
-
Question 16 of 30
16. Question
Which of the following is not a major goal of the human resource planning process?
Correct
Identifying and recording job tasks and duties for each role, reporting arrangements between the positions, and establishing the personnel management strategy are the primary priorities of the human resource planning process. During this process, the filling of actual staff roles with the preferred positions is not carried out.
Incorrect
Identifying and recording job tasks and duties for each role, reporting arrangements between the positions, and establishing the personnel management strategy are the primary priorities of the human resource planning process. During this process, the filling of actual staff roles with the preferred positions is not carried out.
-
Question 17 of 30
17. Question
Which enterprise environmental factor should be examined when evaluating the applicants for the project team members within the performing organization?
Correct
The interpersonal environmental aspect should be discussed when evaluating the applicants for the project team members of the performing company. Searching for responses to interpersonal issues such as the applicants’ work requirements will inform you what sort of project tasks they will be able to undertake. Asking among the applicants regarding ways of formal and informal reporting partnerships will help decide who will fit in.
Incorrect
The interpersonal environmental aspect should be discussed when evaluating the applicants for the project team members of the performing company. Searching for responses to interpersonal issues such as the applicants’ work requirements will inform you what sort of project tasks they will be able to undertake. Asking among the applicants regarding ways of formal and informal reporting partnerships will help decide who will fit in.
-
Question 18 of 30
18. Question
What kind of organizational charts display the reporting relationships in an organization in a top-down style?
Correct
The typical way to portray the reporting relationships in an organization, in a top-down style, is hierarchical charts. Such a diagram is also considered an organizational breakdown structure (OBS) because it is grouped according to the existing branches, divisions, or teams within the organization. The OBS will assist you in defining team members for the project.
Incorrect
The typical way to portray the reporting relationships in an organization, in a top-down style, is hierarchical charts. Such a diagram is also considered an organizational breakdown structure (OBS) because it is grouped according to the existing branches, divisions, or teams within the organization. The OBS will assist you in defining team members for the project.
-
Question 19 of 30
19. Question
In order to network effectively, you must consider the impact on your company of certain enterprise environmental variables that could affect different choices for staff management. These factors include:
Correct
Political and interpersonal factors: At the outset of each process, some of the important networking takes place, and you have to make good use of it. Networking, though is a standard activity, and all activities of the human resource network, such as proactive communications, casual interactions, luncheon sessions, and trade conferences, can be included.
Incorrect
Political and interpersonal factors: At the outset of each process, some of the important networking takes place, and you have to make good use of it. Networking, though is a standard activity, and all activities of the human resource network, such as proactive communications, casual interactions, luncheon sessions, and trade conferences, can be included.
-
Question 20 of 30
20. Question
The main input to the operation of the Acquire Project Team comes from:
Correct
It emerges from the planning of human resources. It is the method of specifying project positions, assigning duties to these roles, creating reporting relationships between the roles, and creating the executive management plan.
Incorrect
It emerges from the planning of human resources. It is the method of specifying project positions, assigning duties to these roles, creating reporting relationships between the roles, and creating the executive management plan.
-
Question 21 of 30
21. Question
Which of the following is not the key output of the Project Team Acquire process?
Correct
The outputs include project personnel assignments that are the list of persons assigned to the project, resource calendars, which cover the time periods for which each designated participant will work on the project, and project management plan changes. Any aspects of the project management schedule could be updated as a consequence of personnel assignments. Assessment reviews on the success of the team are not part of the output in this case.
Incorrect
The outputs include project personnel assignments that are the list of persons assigned to the project, resource calendars, which cover the time periods for which each designated participant will work on the project, and project management plan changes. Any aspects of the project management schedule could be updated as a consequence of personnel assignments. Assessment reviews on the success of the team are not part of the output in this case.
-
Question 22 of 30
22. Question
Which of the given tools and techniques is employed during the phase of project team development?
Correct
To build a winning team, there are some standard instruments and strategies you can use. At the very beginning of a project, setting reasonable objectives is a very important management strategy. The priorities can be developed by establishing a collection of ground rules specified by the project team.
Incorrect
To build a winning team, there are some standard instruments and strategies you can use. At the very beginning of a project, setting reasonable objectives is a very important management strategy. The priorities can be developed by establishing a collection of ground rules specified by the project team.
-
Question 23 of 30
23. Question
In order to achieve the best available team to finish the project job, the project manager and the project management team can actively discuss and exercise control in a constructive fashion. What is the two-tiered purpose of the negotiations made in the project team acquisition phase?
Correct
Failure to acquire a productive team will lead to missed deadlines, cost overruns, low production, and a failing project ultimately. You have a two-pronged purpose in such negotiations; to acquire the best person possible for an operation and to obtain the person for the appropriate timeline.
Incorrect
Failure to acquire a productive team will lead to missed deadlines, cost overruns, low production, and a failing project ultimately. You have a two-pronged purpose in such negotiations; to acquire the best person possible for an operation and to obtain the person for the appropriate timeline.
-
Question 24 of 30
24. Question
From the five progressive phases of team development in the Tuckman model, which phase reflects the battle for authority and influence as team members work to define themselves relative to other team members and the consistency of team priorities increases, but some discrepancies continue to exist?
Correct
Storming: This process illustrates the fight for authority and influence as team members seek to define themselves next to other team members. The consistency of team priorities is growing, however some complexities remain. In order to make improvements, concessions might be needed. During this point, coaching and teaching will play effective roles.
Incorrect
Storming: This process illustrates the fight for authority and influence as team members seek to define themselves next to other team members. The consistency of team priorities is growing, however some complexities remain. In order to make improvements, concessions might be needed. During this point, coaching and teaching will play effective roles.
-
Question 25 of 30
25. Question
Which approach holds all or most of the members of the project team in the same physical position in order to facilitate coordination and build a sense of identity among the members of the team?
Correct
Co-location: This is not an extremely common strategy in this era of virtual teams, but this technique is a default alternative because most team members are in the same location. A war room, which is a conference room used for daily face-to-face sessions, may be included. Often when a simulated team is conducting the project, the collation method may be used to bring together certain team members at important project moments.
Incorrect
Co-location: This is not an extremely common strategy in this era of virtual teams, but this technique is a default alternative because most team members are in the same location. A war room, which is a conference room used for daily face-to-face sessions, may be included. Often when a simulated team is conducting the project, the collation method may be used to bring together certain team members at important project moments.
-
Question 26 of 30
26. Question
How is conflict management employed as an effective technique while managing the project team?
Correct
The aim of conflict management is to rejuvenate the productive working relationships that contribute to improved collaboration among team members. By setting ground limits, explicitly identifying responsibilities and priorities, and enforcing sound project management techniques, you could reduce the number of disputes.
Incorrect
The aim of conflict management is to rejuvenate the productive working relationships that contribute to improved collaboration among team members. By setting ground limits, explicitly identifying responsibilities and priorities, and enforcing sound project management techniques, you could reduce the number of disputes.
-
Question 27 of 30
27. Question
Which conflict management approach aims to reach a consensus between the opposing sides, where all parties work together to consider a variety of options and settle on one that addresses the interests and expectations of both parties?
Correct
Collaboration: This is a win/win tactic that is commonly considered the strongest of all tactics because it helps create engagement with the parties involved and encourages goodwill.
Incorrect
Collaboration: This is a win/win tactic that is commonly considered the strongest of all tactics because it helps create engagement with the parties involved and encourages goodwill.
-
Question 28 of 30
28. Question
While managing the project team, which tool/technique is employed to assess the success of members of the project team and supply them with evaluation-based feedback?
Correct
Project performance appraisals: The assessment is based on evidence obtained by multiple communicating persons with the member of the team. The 360-degree feedback theory is referred to as this way of obtaining information since the information comes from many sources.
Incorrect
Project performance appraisals: The assessment is based on evidence obtained by multiple communicating persons with the member of the team. The 360-degree feedback theory is referred to as this way of obtaining information since the information comes from many sources.
-
Question 29 of 30
29. Question
Which of the following may be an acceptable/justified conflict mediation strategy where the project-related complaints of the facilitating group are less severe in nature than the concerns of the other party?
Correct
Accommodation: The reverse of the rivalry approach is this strategy. One faction aims to satisfy the interests of another party to the detriment of its own. It’s seen as a sign of kindness often. It is though a lose/win tactic and the accommodating party fears losing legitimacy and power throughout the future.
Incorrect
Accommodation: The reverse of the rivalry approach is this strategy. One faction aims to satisfy the interests of another party to the detriment of its own. It’s seen as a sign of kindness often. It is though a lose/win tactic and the accommodating party fears losing legitimacy and power throughout the future.
-
Question 30 of 30
30. Question
The preventive steps suggested during project team leadership can include the following, with the exception of:
Correct
A preventive action is a means of conducting an operation to avoid or decrease the possibility of an imminent occurrence of an incident normally correlated with a project danger. Preventive steps should also be taken to minimize the expected effect of an incident once it occurs. It entails cross-training so that another staff member may take over the task in the absence of a team member, role explanations to ensure that all the tasks associated with the role are performed and overtime preparation in expectation of further work that might be necessary to reach project deadlines. However, shifting of the staff cannot be regarded as a preventive action.
Incorrect
A preventive action is a means of conducting an operation to avoid or decrease the possibility of an imminent occurrence of an incident normally correlated with a project danger. Preventive steps should also be taken to minimize the expected effect of an incident once it occurs. It entails cross-training so that another staff member may take over the task in the absence of a team member, role explanations to ensure that all the tasks associated with the role are performed and overtime preparation in expectation of further work that might be necessary to reach project deadlines. However, shifting of the staff cannot be regarded as a preventive action.