Which of the following risk response strategies involves shifting the negative impact of a threat, along with ownership of the response, to a third party?
A. Risk transfer
B. Risk avoidance
C. Risk sharing
D. Risk mitigation
A stakeholder has determined the need to update their payroll method with a new system. Which of the following is the FIRST activity the corporation should perform?
A. Conduct a feasibility study.
B. Determine the justification of the project.
C. Obtain a preliminary review by the project selection committee.
D. Determine if the project is in alignment with the companys strategic plan.
Which of the following is included in the project charter?
A. A work performance report
B. A cost assessment
C. A high level plan
D. A risk assessment
Which of the following shows a project that is presently over its financial budget?
A. CPI = 1.4
B. CPI = 0
C. CV = +$11,000
D. CPI = 0.8
Which of the following activities are associated with a project kick-off meeting? (Select Two).
A. Obtaining a signature on the project charter.
B. Communicating project goals and objectives.
C. Communicating work package assignments.
D. Creating a rough draft of the transition plan.
E. Communicating stakeholder expectations.
A project manager is performing activity sequencing. The project manager is only using start to finish dependencies. Dummy activities are being utilized to define all logical relationships. Which of the following methods is the project manager demonstrating?
A. Precedence Diagramming Method (PDM)
B. Critical Chain Method (CCM)
C. Arrow Diagramming Method (ADM)
D. Critical Path Method (CPM)
Communication preferences, cultural differences, and language barriers are BEST described as which of the following?
A. Special communication needs of project members
B. Critical aspects of managing stakeholder expectations
C. Items within the risk management plan
D. Reasons for premature project failure / abandonment
Three of the team members are having a conflict with each other. Which of the following steps should the project manager take to minimize the conflict?
A. Resolve the conflict by terminating the team members.
B. Ignore the conflict and keep working on the project.
C. Encourage the team members to resolve the conflict.
D. Ask the project sponsor to resolve the conflict.
Refer to the attached Exhibit.
Which of the following is the duration of the critical path in the diagram?
A. 2
B. 5
C. 6
D. 7
Which of the following is the MOST common relationship used, when constructing a project schedule network diagram?
A. Start-to-Finish
B. Finish-to-Start
C. Start-to-Start
D. Finish-to-Finish