1. There are four 4 major Human Resource Management processes? a. Managing the p

Question

1. There are four 4 major Human Resource Management processes?

a. Managing the project team
b. Developing the project team
c. Planning human resource management
d. Acquiring the project team

A. All
B. Only a, b, and d
C. Only a and c
D. Only a, c and d

2. RACI chart is for R = responsibility, C = consultation, and I = informed. What does A stands for?
A. acceptance
B. achievement
C. accountability
D. allowance

3. A team member is not performing well on the project because she is inexperienced in system development work. There is only one else available who is better qualified to do the work. What is the BEST solution for the project manager?
A. Escalate to management
B. Do nothing
C. Arrange for the team member to get training
D. Fire the inexperienced team member

4. How many steps in the hiring process?
A. 7
B. 8
C. 9
D. 10

5. Formal written correspondence with the customer is required when
A. A team member does not perform.
B. The customer requests additional work not covered under contract.
C. The project is behind schedule.
D. The project has cost overruns.

6. A project manager has a problem with a team member's performance. What is BEST form of communication for addressing this problem?
A. Formal written communication
B. Formal warning communication
C. Informal request to resign communication
D. Informal verbal communication

7. Communications under a contract should tend toward:
A. Formal written communication.
B. Formal verbal communication.
C. Informal written communication.
D. Informal verbal communication.

8. The Project Quality Management includes the following except
A. Plan Quality
B. Perform Qualification Control
C. Perform Quality Control
D. Perform Quality Assurance

9. Who is ultimately responsible for quality management on the project?
A. The project engineer
B. The project manager
C. The quality manager
D. The team member

10. Which quality technique is to inspect a random sampling of population/products?
A. Control Charts
B. Design of Experiments
C. Statistical Sampling
D. Bench Marking

11. During project executing, your project team member delivers a project deliverable to the buyer. However, the buyer refuses the deliverable, stating that it does not meet the requirement on page 300 of the technical specifications. You review the document and find that you agree. What is the BEST thing to do?
A. Explain that the contract is wrong and should be changed.
B. Issue a change order.
C. Review the requirements and meet with the responsible team member to review the WBS dictionary.
D. Call a meeting of the team to review the requirement on page 300.

12. Which quality technique is keeping only the inventory you are actually using on hand?
A. Alienate
B. Kaizen
C. Plan-Do-Check-Act
D. Just-In-Time

13. Which quality technique is a graphical representation of the distribution of data?
A. Kaizen
B. Histogram
C. Just-In-Time
D. Plan-Do-Check-Act

14. Which quality technique is to look for data correlation?
A. Kaizen
B. Histogram
C. Just-In-Time
D. Scatter Diagrams

15. Risk Management Process starts from Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, ________________ and Monitor and Control Risks.
A. Plan Risk Feedback
B. Plan Risk Mitigate
C. Plan Risk Responses
D. Plan Risk Register

16. You have a pair of dice. What is the probability if you roll one die to get a Six?
A. 16
B. 56
C. None
D. Unknown

17. Delphi Technique includes the following steps. Please choose the right order?
a. Experts send out responses
b. Send the questions to experts
c. Formulates the question
d. The experts answer questionnaires in two or more rounds.

A. a,b,d, and c
B. c,a,b, and d
C. c,b,a, and d
D. a, b c, and d

18. In SWOT Analysis, what dose T stands for?
A. Terminal
B. Time
C. Timidity
D. Threats

19. Expected value =
A. probability x input
B. probability x impact
C. possibility x impact
D. possibility x input

20. If a project has 60% chance of a US$100,000 profit and a 40% chance of a US $100,000 loss, the expected monetary value for the project is
A. $100,000 profit
B. $60,000 loss
C. $20,000 profit
D. $40,000 loss

21. ______________ analysis uses the notion of expected value to determine the consequences of alternative courses of action.
A. Decision-Tree
B. Decision-Point
C. Decision-Value
D. Decision-Made

22. Risk reserve is used to set fund aside to deal with the risk. Based on the following information, what is the cost reserve for this project?
Project cost is 9,000 with 30% probability for project delay
Parts cost 10,000 with 20% probability that we can get cheaper parts
Extra installation fee costs 3,500 with 25% probability that parts won't fit into each other
We could save 2,500 with a 30% probability that manufacture may be simpler
It will cost us 5,000 rework with a 5% probability.
A. 3,075
B. 2,075
C. 1,075
D. None of above

23. A company is trying to determine if prototyping is worthwhile on the project. They have come up with following consequence of whether the equipment works or fails when it is used. Based on the information provided below that is expected value of our decision. Which one is a better choice for this project?
i. Prototype setup fee: 200, 000
ii. Failure 35% probability and 120,000 impact, pass no impact.
iii. Do not prototype, step-up cost is 0, failure with 70% probability and $450,000 impact, pass: no impact.
A. Prototype, with a total of 242,000
B. Do not prototype, with a total of 315, 000
C. Prototype, with a total of 224,000
D. Do not prototype, with a total of 351, 000

24. A contract that spans multiple years with a special provision that accommodates pre-defined adjustments. What type of contract is referred?
A. Firm Fixed Price (FFP)
B. Fixed Price Incentive Fee (FPIF)
C. Fixed Price with Economic Price Adjustment Contracts (FP-EPA)
D. None of above

25. What is the value for a CPIF contract– Cost and Fee plus Incentive Fee. Cost: 100,000, Fee: 500, Incentive: 10,000?
A. 115,000
B. 110,500
C. 115,500
D. None of above

26. What is the value for a FFP – Firm Fixed Price contract? Cost: 10,000, extra cost: 1000.
A. 110,000
B. 10,500
C. 10,000
D. None of above

27. CPPC – Cost plus Percentage of Costs
Cost: 8,000, Cost Fee: 10%
What is the total?
A. 8800
B. 8900
C. 9800
D. None of Above

28. In a fixed price contract, the fee or profit is:
A. Unknown
B. Part of the negotiation involved in paying every invoice
C. Applied as line item to every invoice
D. Determined with the other party at the end of the project

29. All of the following are generally part of the contract documents except.
1. Proposal
2. Scope of work
3. Terms and conditions
4. Negotiation process

30. Which of the following BEST describes the project manager's role during the contracting process?
A. Project manager has nothing to do with the contract
B. Project manager should be the person who drafts the contract
C. Project manager should supply an understanding of the risks of the project
D. Project manager should instruct the legal counsel how to handle the contract

31. For which of the following procurement processes is a make or buy analysis used?
1. Contract administration
2. Procurement planning
3. Solicitation
4. Source selection

32. What is doing critical path tasks in parallel what were originally planned in series? This may result in rework and increase risks.
A. Fast tracking
B. Resource crashing
C. Resource matrix
D. Capacity planning

33. Which of the following activities occurs during procurement planning?
A. Execute the contract
B. Sign the contract
C. Close the contract
D. Make or buy decisions

34. Time and Material (T&M) contact – Time and Material. What is the total cost? Cost: 200 per hour (total 5 hours), material $10 per piece (total 20 pieces)
A. 1500
B. 800
C. 1,200
D. 1,000

35. Firm Fixed Price (FFP) contract – Firm Fixed Price Cost: $9,000, travelling expenses: $1,000
A. 10,000
B. 9,000
C. 1,900
D. 900

36. A work breakdown structure can BEST be thought of as an effective aid for __________ communication.
A. Teaching the project
B. My instructor
C. Goods
D. Stakeholder

37. What is not included in the Project Stakeholder Management Processes?
A. Identify Stakeholders
B. Plan Stakeholder Meetings
C. Manage Stakeholder Engagement
D. Control Stakeholder Engagement

38. What is not included in the outputs of Control Stakeholder Management?
A. Work Performance Information
B. Change Requests
C. Organizational Development Process Updates
D. Project Management Plan Updates

39. What is the output from identify stakeholders?
A. Stakeholder Register
B. Stakeholder Plan
C. Stakeholder Engagement Plan
D. Stakeholder Involvement Plan

40. You need to fly from one city to another. You can take airline A or B. Considering the data provided, which airline should you take, and w at is the expected monetary value of your decision?
A. Airline A, 1, 300
B. Airline B, 1, 500
C. Airline A, 1, 500
D. Airline B, 1, 300

Explanation / Answer

Answer 1) A (All)

The major areas that are dealt by the HR Process are:

Ans 2) C - A stands for accountability.

The RACI model is used to specify the roles and responsibilities for an activity or a group of activities.  The basic components of the model are –

          R = Responsible = The person who must perform the specified task.  Must appear in each row.

          A = Accountable = The person finally accountable for the given task or decision. 0-1 in each row.

          C = Consulted = Who should be consulted before taking the decisions.

          I = Informed = The person(s) who should be informed when the work is completed.

Ans 3) C (provide appropriate training)

Ans 4) C 9 steps in the hiring process.

Ans 5) B

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