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QUESTION NO: 11
You are managing a project in an organization is characterized by with rigid rules and policies and
strict supervisory controls. Your project, sponsored by your CEO who is new to the company, is to
make the organization less bureaucratic and more participative. You are developing your project
management plan. Given the organization as it now is set up, as you prepare your plan, you can
use which of the following organizational process assets______________.
A. Guidelines and criteria
B. Project management body of knowledge for your industry
C. Organizational structure and culture
D. The existing infrastructure
Answer: B
Explanation:
While you are managing a different type of project, the organization has managed projects before
and therefore may have as part of its organizational process assets a project management
template, which sets forth guidelines and criteria to tailor the organization’s processes to satisfy
specific needs of the project. [Planning]
QUESTION NO: 12
You are fairly new to managing a project but have been a team member for many years. You are
pleased you were selected to manage your company’s 2015 model line of hybrid vehicles. You are
now planning your project and have been preparing the subsidiary plans as well. You realize some
project documents also are required to help manage your project. An example of one that you
believe will be especial helpful is the______________.
A. Business case
B. Key performance indicators
C. Project management information system
D. Project statement of work
Answer: D
Explanation:
The project statement of work is a useful document as it describes the products, services, or
results the project is to deliver. It references the business need, product scope description, and the
strategic plan. [Initiating and Planning]
7
PMI®, PMBOK® Guide, 2013, 68, 78
QUESTION NO: 3
You plan to hold a series of meeting as you execute the project plan. While different attendees will
attend each meeting, a best practice to follow is to:
A. Group stakeholders into categories to determine which ones should attend each meeting
B. Not mix the types of meetings on your project
C. Be sensitive to the fact that stakeholders often have very different objectives and invite them to
determine the meeting’s agenda
D. Recognize that roles and responsibilities may overlap so focus on holding meetings primarily
for decision making
Answer: B
Explanation:
Meetings are a tool and technique used in direct and manage project work. Meetings tend to be
one of three types: information exchange; brainstorming, option evaluation, or design; or decision
making. A best practice is to not combine the types of meetings and prepare for them with a well-
defined agenda, purpose, objective, and time frame. They should be documented using minutes
and action items. [Executing]
QUESTION NO: 8
The purpose of economic value added (EVA) is to______________.
A. Determine the opportunity costs associated with the project
B. Determine a non–time-dependent measure of profit or return
C. Assess the net operating profit after taxes
D. Evaluate the return on capital percent versus the cost of capital percent
Answer: D
Explanation:
Evaluate the return on capital percent versus the cost of capital percent
EVA quantifies the value a company provides to its investors and seeks to determine if a company
is creating or destroying value to its shareholders. It is calculated by subtracting the expected
return, (represented by the capital charge), from the actual return that a company generates,
(represented by net operating profit after taxes). [Initiating]
5
QUESTION NO: 2
You are managing a large project with 20 key internal stakeholders, eight contractors, and six
team leaders. You must devote attention to effective integrated change control. This means you
are concerned primarily with______________.
A. Reviewing, approving, and controlling changes
B. Maintaining baseline integrity, integrating product and project scope, and coordinating change
across knowledge areas
C. Integrating deliverables from different functional specialties on the project
D. Establishing a change control board that oversees the overall project changes
Answer: A
Explanation:
Performing integrated change control consists of coordinating and managing changes across the
project. Activities that occur within the context of perform integrated change control include:
validate scope, control scope, control schedule, control costs, perform quality assurance, control
2
quality, manage the project team, control communications, control risks, conduct procurements,
control procurements, manage stakeholder engagement, and control stakeholder engagement.
[Monitoring and Controlling]
QUESTION NO: 7
You are beginning a new project staffed with a virtual team located across five countries. To help
avoid conflict in work priorities among your team members and their functional managers, you ask
the project sponsor to prepare a______________.
A. Memo to team members informing them that they work for you now
B. Project charter
C. Memo to the functional managers informing them that you have authority to direct their
employees
D. Human resource management plan
Answer: B
Explanation:
Although the project charter cannot stop conflicts from arising, it can provide a framework to help
resolve them, because it describes the project manager’s authority to apply organizational
resources to project activities. [Initiating]
QUESTION NO: 10
The direct and manage project work process truly is important in project management. It affects
many other key processes and uses inputs from others. Working with your team at its kickoff
meeting, you explain the key benefit of this process is to______________.
A. Implement approved changes
B. Provide overall management of the project work
C. Lead and perform activities in the project management plan
D. Perform activities to accomplish project objectives
Answer: B
Explanation:
While all of the answers apply to the direct and manage project work process, the key benefit is
that it involves providing overall management of the work of the project, encompassing the other
answers listed. [Executing]
6
QUESTION NO: 15
An automated tool, project records, performance indicators, data bases, and financials are
examples of items in______________.
A. Organizational process assets
B. Project management information systems
C. Project management planning approaches
D. The tools and techniques for project plan development
Answer: B
Explanation:
The items listed are part of these systems, a tool and technique in both processes. [Executing and
Monitoring and Controlling]
PMI®, PMBOK® Guide, 2013, 84, 92
QUESTION NO: 14
You are implementing a project management methodology for your company that requires you to
establish a change control board. Which one of the following statements best describes a change
control board?
A. Recommended for use on all (large and small) projects
B. Used to review, evaluate, approve, delay, or reject changes to the project
C. Managed by the project manager, who also serves as its secretary
D. Composed of key project team members
Answer: B
Explanation:
Used to review, evaluate, approve, delay, or reject changes to the project
The change control board’s powers and responsibilities should be well defined and agreed upon
by key stakeholders. On some projects, multiple change control boards may exist with different
8
areas of responsibility. [Monitoring and Controlling]
PMI®, PMBOK® Guide, 2013, 96
QUESTION NO: 13
You work for a telecommunications company, and when developing a project management plan
for a new project, you found that you must tailor some company processes because the product is
so different than those products typically produced by your company. To tailor these processes,
you will follow______________.
A. Standardized guidelines and work instructions
B. Stakeholder risk tolerances
C. Expert judgment
D. Structure of your company
Answer: A
Explanation:
Standardized guidelines and work instructions are an organizational process asset to consider as
the project management plan is developed. They include guidelines and criteria to tailor the
organization’s set of standard processes to satisfy the specific needs of the project. [Planning]
PMI®, PMBOK® Guide, 2013, 75
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