Pass the BCS Project & programme management and consultancy certifications ISEB-PM1 Questions and answers with CertsForce

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Viewing questions 121-135 out of questions
Questions # 121:

The project team reviews identified risks and the risk response strategy. For one of the risks, the team realizes that the implementation of the risk response would generate another risk.

This new risk is which of the following types of risk?

Options:

A.

Secondary


B.

Primary


C.

Residual


D.

Tertiary


Expert Solution
Questions # 122:

Which of the following is a schedule network analysis technique that takes limited resources into account?

Options:

A.

Network reserve analysis


B.

Critical chain method


C.

Lead and lag adjustment


D.

Critical path method


Expert Solution
Questions # 123:

What document should be reviewed by a project manager before finalizing the project closure?

Options:

A.

Customer acceptance


B.

Statement of work


C.

Product report


D.

User manual


Expert Solution
Questions # 124:

Which of the following is CORRECT about quality improvements?

Options:

A.

They are a tool of Perform Quality Assurance and an output of Verify Scope.


B.

They require the preparation of change requests or the recommendation of corrective actions.


C.

They occur only through experience of the project manager, team, and sponsor.


D.

They are a product of cooperation between the customer and the project manager.


Expert Solution
Questions # 125:

What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?

Options:

A.

Organizational process assets


B.

Enterprise environmental factors


C.

Project management processes


D.

Project scope management plan


Expert Solution
Questions # 126:

In a control chart, the consecutive measurements are 11, 13, 09, 07, 08, 09, 09, 09, 08, and 12. For the entire process, the goal is 10 and the standard deviation is 1.

For this data set, it is correct to say that the process:

Options:

A.

is under control.


B.

is out of control.


C.

has an increasing trend.


D.

has a decreasing trend.


Expert Solution
Questions # 127:

A project manager is responsible for managing which of the following at the project level?

Options:

A.

Methodology


B.

Standards


C.

Constraints


D.

Interdependencies


Expert Solution
Questions # 128:

To accommodate a new project in your department, you need to move resources from one project to another. Because your department is currently working at capacity, moving resources will inevitably delay the project from which you move the resources.

It would cause the LEAST negative impact if you move resources from which of the following projects?

Options:

A.

Project A with a benefit cost ratio of 0.8, no project charter, and four resources.


B.

Project B with a net present value of $60,000, 12 resources, and variable costs between US $1,000 and $2,000 per month.


C.

Project C with an opportunity cost of US $300,000, no project control plan, and an internal rate of return of 12 percent.


D.

Project D with indirect costs of US $20,000 and 13 resources.


Expert Solution
Questions # 129:

What is the tool and technique used to request seller responses?

Options:

A.

Procurement documents


B.

Expert judgment


C.

Bidder conferences


D.

Contract types


Expert Solution
Questions # 130:

What is a specific advantage of analogous estimating in comparison with other cost estimate techniques?

Options:

A.

Uses contingency reserves


B.

Less costly and time consuming


C.

Can be applied to segments of work


D.

More accurate


Expert Solution
Questions # 131:

On what is project baseline development established?

Options:

A.

Approved product requirements


B.

Estimated project cost and schedule


C.

Actual project cost and schedule


D.

Revised project cost and schedule


Expert Solution
Questions # 132:

Mathematical models using linear programming, dynamic, or algorithm models are considered:

Options:

A.

form of expert judgment


B.

project closing method


C.

Project selection criteria


D.

Project selection methods


Expert Solution
Questions # 133:

The risk of accepting a lot of poor quality, in acceptance sampling, is referred to as:

Options:

A.

type I error


B.

producer's risk


C.

consumer's risk


D.

buyer's risk


E.

consumer's risk and type I error


Expert Solution
Questions # 134:

What is one of the advantages of a functional organization?

Options:

A.

All employees report to two or more managers, but project team members show loyalty to functional managers.


B.

All employees report to one manager and have a clear chain of command.


C.

Teams are co-located.


D.

The organization is focused on projects and project work.


Expert Solution
Questions # 135:

Giving a part of project work to a contractor is an example of:

Options:

A.

risk assumption


B.

risk assignment


C.

risk delegation


D.

risk deflection


E.

risk mitigation


Expert Solution
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Viewing questions 121-135 out of questions