Advanced Project Management
Exam Materials
Course Introduction
Advanced Project Management delves into the strategic, analytical, and leadership skills necessary to manage complex projects in dynamic organizational environments. The course explores advanced techniques in project planning, risk management, resource allocation, and stakeholder engagement, while introducing methodologies such as Agile, Lean, and Six Sigma. Students will analyze real-world case studies, address challenges related to project integration and change, and utilize contemporary project management software tools. Emphasis is placed on leadership, communication, and decision-making skills to ensure project success within scope, time, and budget constraints.
Recommended Textbook
Contemporary Project Management 4th Edition by Timothy Kloppenborg
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15 Chapters
682 Verified Questions
682 Flashcards
Source URL: https://quizplus.com/study-set/2359
Page 2
Chapter 1: Introduction to Project Management
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49 Verified Questions
49 Flashcards
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Sample Questions
Q1) Integration Management,one of the 10 PMBOK Guide Knowledge Areas,represents the processes and activities to identify,define,combine,unify,and coordinate the various processes and project management activities.
A)True
B)False Answer: True
Q2) In reality,many projects are fully successful in some ways,but less successful in others.
A)True
B)False Answer: True
Q3) Some projects are considered successful if they reap business benefits like increased profitability,even if completed late or over budget.
A)True
B)False Answer: True
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Page 3
Chapter 2: Project Selection and Prioritization
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52 Verified Questions
52 Flashcards
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Sample Questions
Q1) Based on the information provided in Figure 2-1,which project has the highest probability of success?
A) Project A
B) Project B
C) Project C
D) Project D
Answer: B
Q2) Payback period models do not consider the amount of profit that may be generated after the costs are paid.
A)True
B)False
Answer: True
Q3) Many writers have stated that for strategic objectives to be effective,they should be:
A) broad - to cover many dimensions of the business
B) measurable - to track progress
C) unachievable - to inspire maximum performance
D) resource based - to focus on the inputs
Answer: B
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4
Chapter 3: Chartering Projects
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39 Verified Questions
39 Flashcards
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Sample Questions
Q1) During iteration planning in an agile project,agreement is reached regarding:
A) the length of the next sprint.
B) detailed stakeholder requirements.
C) the definition of done.
D) positive and negative risks.
Answer: C
Q2) The project master network is a high-level plan that indicates a few significant accomplishments that are anticipated over the life of the project.
A)True
B)False
Answer: False
Q3) The charter signing represents the transition from the high-level project initiation stage into the more detailed project planning stage.
A)True
B)False
Answer: True
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Page 5
Chapter 4: Organizational Capability: Structure, Culture and Roles
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50 Verified Questions
50 Flashcards
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Sample Questions
Q1) If the project scope is hard to define early in the project and/or much change is expected,an Agile project management approach often works better.
A)True
B)False
Q2) Which of the following roles and attributes do NOT describe the core team members on a project?
A) Core team members often make project decisions jointly with the project manager.
B) Core team members are the small group of people who are usually on the project from start to finish.
C) Core team members join the project on a temporary basis to perform specific project activities as necessary.
D) Core team members may supervise the work of subject matter experts who are brought in on an as-needed basis.
Q3) In "role cultures" reliable workers follow formal designations of responsibility with utmost respect for regulations and laws.
A)True
B)False
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Chapter 5: Leading and Managing Project Teams
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46 Verified Questions
46 Flashcards
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Sample Questions
Q1) When many members of the project team disagree,then delaying the decision,gathering more data,or agreeing to let one person make the decision may be in order.
A)True
B)False
Q2) All of the following are among the steps of the negotiation process EXCEPT:
A) clarify both parties' interests
B) work toward a common goal
C) use "good cop / bad cop" technique
D) clarify and confirm agreements
Q3) Agile teams require motivated members with a higher level of commitment,and agile teams have all of the following desirable traits EXCEPT:
A) Question everything
B) Argue about everything
C) Fail their way to success
D) Deliver value
Q4) High-performing project teams start with the personal values of team members.List these values and discuss three ways that a project manager can strive to improve upon them.
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Chapter 6: Stakeholder Analysis and Communication Planning
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46 Verified Questions
46 Flashcards
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Sample Questions
Q1) A communications management plan is a repository of information regarding all project stakeholders,and is often in the format of a matrix.
A)True
B)False
Q2) Communications to stakeholders are necessary for which of the following reasons?
A) to help them take ownership of the project and make timely decisions
B) to keep them at arms length so progress can continue
C) to shift the burden of risk from the project team to the stakeholders
D) to provide input to team performance reviews
Q3) Which of these is<u> NOT</u> one of the three methods of communication that will be documented in a communication plan?
A) Push methods
B) Virtual methods
C) Interactive methods
D) Pull methods
Q4) Describe the approach you would use to build relationships with key external stakeholders.
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Chapter 7: Scope Planning
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44 Verified Questions
44 Flashcards
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Sample Questions
Q1) Baselining is defined as a method of dividing the project scope into many parts that,when combined,would constitute the project deliverable.
A)True
B)False
Q2) The project scope statement establishes the project boundaries by stating what features and work elements are included (in scope)and which are excluded (out of scope).
A)True
B)False
Q3) Failure to include project management in the WBS will increase the likelihood that the project will not be completed on time and within budget.
A)True
B)False
Q4) What are some of the benefits of creating a Work Breakdown Structure (WBS)?
Q5) A Work Breakdown Structure must be decomposed at least four levels in order to be effective.
A)True
B)False
Q6) Explain how scope is defined on agile projects.
Page 9
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Chapter 8: Scheduling Projects
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56 Verified Questions
56 Flashcards
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Sample Questions
Q1) Which of the following statements correctly describes the critical path?
A) The sequence of activities that represents the shortest path through the project network.
B) It determines the latest possible end date of the project.
C) It consists only of activities with zero float (slack).
D) It consists only of activities with lag times
Q2) Consider the network scheduling data presented in Figure 7-6.How many days of slack are associated with activity F?
A) 0
B) 15
C) 80
D) 107
Q3) In order for activities to be useful as schedule building blocks,they should have tangible output that can be verified.
A)True
B)False
Q4) Describe free float and how you can use it to your advantage in scheduling and managing a project.
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Chapter 9: Resourcing Projects
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) Consider the project crashing information presented in Figure 8-4.What is the incremental cost to achieve a one-day reduction in the duration of this project in the most cost efficient manner?
A) $ 30
B) $ 35
C) $ 40
D) $ 60
Q2) Crashing is a project schedule compression technique that expedites a project by executing activities at the same time that ordinarily would be done one after the other.
A)True
B)False
Q3) Crashing almost always accelerates the schedule while increasing project risk,whereas fast tracking almost always accelerates the schedule while increasing project cost.
A)True
B)False
Q4) What is a responsibility assignment matrix (RAM)? Describe how you might use a responsibility assignment matrix to manage the resources assigned to your project.
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Chapter 10: Budgeting Projects
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Sample Questions
Q1) The project scope does not come into play when considering fixed and variable cost choices.
A)True
B)False
Q2) "Unknown unknowns" are unexpected events which can occur when the project is underway.All of the following accurately describe an implication associated with unknown unknowns EXCEPT:
A) They are usually discovered during risk identification
B) They need to be covered in the project budget.
C) They usually require the use of management reserve.
D) They usually cause an increase in cost and / or schedule.
Q3) Most projects will employ bottom-up estimating at some point to serve as a basis for estimating cash flow needs and for controlling the project.
A)True
B)False
Q4) Both normal and special cause variation add to project cost and need to be considered by project managers.
A)True
B)False
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Chapter 11: Project Risk Planning
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) Plan Risk Responses is the process of developing options and actions to enhance opportunities and reduce threats to project objectives.
A)True
B)False
Q2) All of the following methods have proven to be useful techniques to help project teams identify the risks that might impact the project EXCEPT:
A) reviewing project documents
B) documenting lessons learned
C) interviewing stakeholders
D) brainstorming among team members and subject matter experts
Q3) A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.
A)True
B)False
Q4) How might you approach the prioritization of the risk events identified by your project team and subject matter experts? How would you use the results of this prioritization effort to guide the development of risk responses?
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Chapter 12: Project Quality Planning and Project Kick-Off
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) W.Edwards Deming asserted that managers need to understand both serial variation and sequential variation and then work to reduce both.
A)True
B)False
Q2) DMAIC is a disciplined process that includes five phases: Define,Measure,Analyze,Improve and Control.DMAIC is most typically associated with which of the following quality improvement approaches?
A) Malcolm Baldrige
B) Total Quality Management (TQM)
C) Six Sigma
D) ISO 9001:2008
Q3) Which of the following serves as a pre-condition that must be met in order for a project kick-off meeting to be successful?
A) An atmosphere of trust and relationship building should be set by all.
B) Project performance results should be calculated and made available to team members.
C) Compensation packages and benefits plans should be shared with all team members.
D) The meeting location should always be off-site
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Page 14
Chapter 13: Project Supply Chain Management
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) During procurement planning,the project team determines which needs can best be met by acquiring products and services from an outside provider,and which can be accomplished by the team.
A)True
B)False
Q2) Evaluations of prospective suppliers by project teams often involve all of the following approaches EXCEPT:
A) financial condition analysis
B) facility visits
C) supplier surveys
D) prototyping
Q3) Evaluation criteria used to rate proposals and other supplier characteristics might include all of these EXCEPT:
A) supply quality
B) personal relationships with senior management
C) inbound transportation cost
D) replenishment lead time
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Chapter 14: Determining Project Progress and Results
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44 Verified Questions
44 Flashcards
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Sample Questions
Q1) Change control is a process wherein change proposals to various project planning elements are:
A) acknowledged, formally documented, and either approved or declined after review.
B) uniformly approved, documented and sent to the team for re-baselining and implementation.
C) uniformly denied, but documented for lessons learned.
D) documented and sent to the team, where the proposed changes will be voted on.
Q2) Some organizations rely upon a formal group authorized and responsible for reviewing,evaluating,approving,delaying,or rejecting any changes to any aspect of the project plan by following a formal communication method of documenting the decision process.This group is typically known as a:
A) stakeholder review board.
B) change control board.
C) project evaluation committee.
D) steering committee
Q3) Describe how you would adopt a balanced score card approach to evaluate your project performance.Your response should identify specific measures you would use as well as the approach you would take to obtain the measures you identify.
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Page 16
Chapter 15: Finishing the Project and Realizing the Benefits
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30 Verified Questions
30 Flashcards
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Sample Questions
Q1) The Validate Scope process occurs with interim deliverables throughout the project and with final deliverables near the end.
A)True
B)False
Q2) Helping good workers to secure good follow-on work is one of the most important things a project manager must do near the end of the project.
A)True
B)False
Q3) When a project is completed on time,the project team must accomplish all of the following activities EXCEPT:
A) use alternative dispute resolution
B) capture and share lessons learned
C) plan a smooth transition of deliverables into ongoing operations
D) secure customer feedback and approval
Q4) More organizations effectively collect lessons learned than effectively disseminate and use them.
A)True
B)False
Q5) What is "validate scope" and why is it important to the project?
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