IMP T1 Exam

Each one of the following statements about risk avoidance is true EXCEPT that it—

The team you have organized for your new project con- sists of three people who will work full-time and five people who will support the project on a part-time basis. All team members know one another and have worked together in the past. To ensure a successful project start-up, your first step should be to—

You are developing radio frequency (RF) technology that will improve overnight package delivery. You ask each stakeholder to estimate the most optimistic pack- age delivery time using the RF technology, the most pessimistic time, and the most likely time. This shows that for your next step you plan to—

In both the weak and strong matrix organizational structures, the primary condition leading to conflict is—

Projects are particularly susceptible to risk because—

Which of the following is a ground rule for project team building?

Your company CEO just sent you an e-mail asking you to make a presentation on your project, which has been in progress for 18 months, to over 50 identified internal and external stakeholders. You have been conducting such presentations and holding meetings regularly on this important project. You should begin by—

The last step in the stakeholder analysis process is to—

You are responsible for a project in your organization that has multiple internal customers. Because many people in your organization are interested in this project, you decide to prepare a stakeholder management strategy. Before preparing this strategy, you should—

You realize that on projects, some stakeholders will not be as receptive as others to your project and actually can be negative from the beginning. Assume you have classi- fied your stakeholders on your project designed to ensure students in your city have access to the best educational resources available, whether in class or on line, your stakeholder management plan is a sensitive document. Therefore, you need to—

Which of the following is not a core component of MEAL?

If a business venture has a 60-percent chance to earn $2 million and a 20-percent chance to lose $1.5 million, what is the expected monetary value of the venture?

You are working on identifying possible risks to your project to develop a nutritional supplement. You want to develop a comprehensive list of risks that can be addressed later through qualitative and quantitative risk analysis. An information gathering technique used to identify risks is—

A project health check identified a risk that your project would not be completed on time. As a result, you are quantifying the project’s risk exposure and determining what cost and schedule contingency reserves might be needed. You performed a schedule risk analysis using Monte Carlo analysis. The basis for your schedule risk analysis is the—

The primary result of effective team development is—

What is the main function of a learning plan in MEAL?

A feedback-and-response mechanism enhances:

Given that you are neighbors, you and the CEO of your company have established a friendly personal Recently your company appointed you project manager for a new project that is crucial to achieving next year’s financial targets. Which type of power available to project managers might you be able to rely upon?

You finally have been appointed project manager for a major company project. One of your first activities as project manager will be to create the communica- tions management As you match the stakeholder with the appropriate communication methods for that stakeholder, you could use any one of the following methods EXCEPT—

Stakeholder engagement involves a number of critical activities. An example is—

Which tool compares actual performance to planned targets?

You are leading a team to recommend an equitable reward and recognition system for project Before finalizing the plan, you want to ensure that executives understand the basic objective of reward systems. This objective is to—

It is important on all projects to determine when and how human resources will be met. Assume that you are managing a project to assess methods for streamlining the regulatory approval process for new medical devices in your government agency. Because the agency has undergone downsizing during the past three years, sub- ject matter experts are in short supply. You must deter- mine whether the needed subject matter experts can be acquired from inside the agency or whether you must use This information should be documented in the—

Contract type selection is dependent on the degree of risk or uncertainty facing the project manager. From the perspective of the buyer, the preferred contract type in a low-risk situation is—

The issue log is useful in control communications because it—

Assume you have identified your stakeholders and are preparing your stakeholder management plan. You are fortunate that your team is a collocated team as you are working on an internal project to reorganize your IT Department so it is focused more on its customers.

The project sponsor is the Chief Operating Officer, and the IT Department Director was surprised as she thought all was well. However, you notice when planning meet- ings are held, the Chief Financial Officer never attends.

You feel since IT affects the entire company, all the senior leaders need some type of involvement. You therefore feel the Chief Financial Officer may be—

1. As you work on your project to update its software train- ing classes to focus on an agile approach, you have a number of key stakeholders. As many students and their managers are requesting these classes, your CEO has taken a special interest in your project and has asked you to accelerate your schedule to complete it in two months rather than in your planned six months but still have quality offerings. This means as you work to monitor overall project stakeholder relationships, you should—

On your project, scope changes, constraints, assumptions, integration and interface requirements, and overlapping roles and responsibilities pose communications The presence of communication barriers is most likely to lead to—

Assume your stakeholder management plan has been approved. You now are working with your team to promote stakeholder engagement on your project. You explain in a team meeting its benefit is to—

You have decided to organize a study group of other project managers in your organization to help prepare for the Project management What type of communication activity are you employing in your efforts to organize this group?

The project team directory is an output from which of the following processes?

The simplest form of quantitative risk analysis and modeling techniques is—

You are managing a project with team members located at customer sites on three different You have a number of stakeholders on your project, and most of them are located outside of the corporate office. Who should be responsible for stakeholder management?

Meta-evaluation refers to:

Random sampling ensures:

Project managers for international projects should recog- nize key issues in cross-cultural settings and place special emphasis on—

Which of the following factors contributes the most to team communication?

Because you are working under a firm-fixed-price contract, management wants you to submit the final invoice and close out the contract as soon as possible. Before final payment on the contract can be authorized, you must—

You are working on a new project in your organization. You need to decide how best to staff the project and handle all its resource Your first step should be to—

Which is NOT an element of data quality?

Assume your construction project is for a small city with only 8,500 people. There has been opposition to it from the beginning, when the City Commissioners approved it by many residents. The residents recognize they will be severely impacted as the new bridges are implemented, and during the public hearings before the Commissioners’ decision, they hired an attorney to state they felt the more cost effective approach was to strengthen the bridges

so they met today’s safety requirements. Residents now know you have been ordered to stop work, and they have requested a meeting with the Commission on Tuesday.

This means you should—

What is the main purpose of a questionnaire in MEAL?

A recent earned value analysis shows that your project is 20 percent complete, the CPI is 67, and the SPI is 0.87. In this situation, you should—

The process of conferring with others to come to terms or reach an agreement is called—

As head of the PMO, you will receive performance reports for all major projects. You decided to set a guideline for project managers as performance reporting should—

During your project, you will have a number of different types of meetings. Some will be informational, others will be key updates, and some will be for decision-making purposes. While different attendees will attend each meet- ing, a best practice to follow is to:

The risk urgency assessment is a tool and technique used for—

You are managing a project with team members located at customer sites on three different continents. As you plan communications with your stakeholders, you should review—

Significant differences between the seller’s price and your independent estimate may indicate all the following EXCEPT the—

As you prepare your human resource plan, you need to determine the skill and capacity required to complete the activities in the project. This should be documented in the—

The most common communication problem that occurs during negotiation is that—

Who are primary users of MEAL data?

The salience model is one way to classify stakeholders. In it—

A purchase order is a good example of which form of contracting?

Constant bickering, absenteeism, and substandard performance have characterized the behavior of certain members of your team. You have planned an off-site retreat for the team to engage in a variety of activities. Your primary objective for investing time and money in this event is to improve—

What doctrine causes a party to relinquish rights under a contract because it knowingly fails to execute those rights?

Project managers spend a great deal of time communi- cating with the team, the stakeholders, the client, and the sponsor. One can easily see the challenges involved, especially if one team member must communicate a technical concept to another team member in a different country. The first step in this process is to—

The team members on your project have been complain- ing that they do not have any sense of identity as a team because they are located in different areas of the building. To remedy this situation, you developed a project logo and had it printed on T-shirts to promote the project, but this action has not worked. Your next step is to—

Why are assumptions included in a Logframe?

You are responsible for ensuring that your seller’s performance meets contractual For effective contract control, you should—

Work performance information is an output of control stakeholder It includes a number of items, one of which is—

You plan to award a contract to provide project management training for your company. You decide it is important that any prospective contractor have an association with a major university that awards master’s certificates in project management. This is an example of—

Which term is NOT a common name for a procurement document that solicits an offer from prospective sellers?

Requirements for formal contract acceptance and closure usually are defined in the—

A workaround is—

As project manager, you plan to conduct a “kickoff” meet- ing at which you will discuss all the following EXCEPT—

The project scope statement should be used in the identify risk process because it—

Monitoring mainly provides information about:

Assume you are actively working, along with your team, to manage stakeholder engagement on your project to develop a new drug to prevent any retina problems of any type. You know you must manage their engagement throughout the project life cycle. This means some organizational process assets will need updating including—

As an output of plan communications, it may be necessary to update the project documents, which include the—

The purpose of a numeric scale in risk management is to—

What is purposive sampling based on?

Major difficulties arise when multiple projects need to be managed in the functional organizational structure because of—

You are managing the construction of a highly sophisticated data center in Port Moresby, Papua, New Guinea. Although this location offers significant economic advantages, the threat of typhoons has caused you to create a backup plan to operate in Manila in case the center is flooded. This plan is an example of what type of risk response?

Your project team has identified all the risks on the project and has categorized them as high, medium, and low. The “low” risks are placed on which one of the following for monitoring?

Statements of organizational policies and philosophies, position descriptions, and constraints are examples of—

The Delphi technique is a particularly useful method for identifying risks to—

Which tool outlines activities, data sources, and responsibilities?

Which term describes the failure by either the buyer or the seller to perform part or all of the duties of a contract?

Recent data indicate that more than 10,000 airline passengers are injured each year from baggage that falls from overhead bins. You performed a make-or-buy analysis and decided to outsource an improved bin design and manufacture. The project team needs to develop a list of qualified sources. As a general rule, which method would the project team find especially helpful?

Your company decided to award a contract for project management services on a pharmaceutical research project. Because your company is new to project manage- ment and does not understand the full scope of services that may be needed under the contract, it is most appro- priate to award a—

The key benefit of the control communications process is to—

Your organization is characterized by hierarchical organi- zational structures with rigid rules and policies and strict supervisory controls. Individual team members are not expected to engage in problem solving or use creative approaches to plan and execute work; management does that. Your organization is characterized by which one of the following theories?

You have been a project manager for seven years. You now are managing the construction of a new facility that must comply with the government’s newly issued environ- mental standards. You want to ensure that your team members are able to select methods to complete various activities on the project without needing to involve you in each situation. As you prepare your human resource management plan, you should document this information in which of the following—

A general contingency is used for—

A risk response strategy that can be used for both threats and opportunities is—

Which term describes those costs in a contract that are associated with two or more projects but are not traceable to either of them individually?

As you prepare to close out contracts on your project, you should review all the following types of documentation EXCEPT the—

Which type of question provides predefined response options?

What is the primary purpose of a Logical Framework (Logframe)?

Often in working as a project manager, it is easy to over- look key stakeholders. Assume you work for a device manufacturer and are working as the project manager for the next generation valve Your company has been a leader in this market, which means you have a lot of lessons learned available to you. Your project is scheduled to last four years. As a best practice, you should—

One purpose of the communications management plan is to provide information about the—

You realize that leadership without management or management without leadership probably will produce poor project results. Which one of the following key responsibilities best represents project leadership?

Sample attributes of a communications management plan include which one of the following?

When a seller breaches a contract, the buyer cannot receive—

Having worked previously on projects as a team member, you are pleased to now be the project manager to develop a new process to ensure that software projects in your IT Department are considered a success and are not late or over budget. However, many of your team members are new to the organization. As you work to establish a high-performing team, you realize the importance of—

You have been assigned as project manager on what could be a “bet the company” project. You realize that to be successful you need to exercise maximum control over project resources. Which form of project organization should you establish for this project?

All the following elements must be evident in a written contract for it to be legally enforceable EXCEPT—

Most statistical simulations of budgets, schedules, and resource allocations use which one of the following approaches?

Assume you are managing the development of a construction project in your city to replace its five bridges so they are state of the art and meet updated safety standards since they originally were constructed 20 years ago. The design work has been completed, you have awarded subcontracts, and are set to begin construction. Today your legal department told you to stop work as you had not consulted them, and there was a critical standard you overlooked during the design process. This example shows—