- Master Project Managers can contribute to their organization's knowledge base and to the profession of project management most effectively by:
Your answer:
Creating and graphing the body of knowledge vortex under rule 66.
Having a global team meeting to conjure the essence of the data.
Developing and facilitating a project analysis review and lessons learned process
- To balance the needs of stakeholders involved in your project the most desirable method for resolution of conflicts is:
Your answer:
Scheduling a Bio-Meeting for the stakeholders
Confrontation
Member brainstorming.
- Which one of the following examples violates the MPM Master Project Manager Global Ethics and Conduct Suggested Rules.
Your answer:
Disclosing the project to the proper governmental authorities.
Informing a clients family about the risks of a project.
Discussing the project with the clients lawyer.
- One of your employees is up for promotion. If the promotion is granted, the employee will be reassigned elsewhere which will cause a problem for you on your present project. You can delay the employee promotion until your project is completed. You should:
Your answer:
Force the employee to work on the project.
Support the promotion and develop a good transition plan with your employee.
Keep the employee without supporting the promotion.
- Regarding Delphi Technique all of the following statements are correct except
Your answer:
Experts are identified but participate anonymously while a facilitator uses a questionnaire to solicit ideas.
The responses are submitted and are then circulated to the experts for further comment.
The facilitator may use the P-55 technique at any time
- Projects are typically authorized as a result of one of the following except:
Your answer:
Lead Manager has decided to do extra work outside of the scope of the agreement.
Contractual agrement for the project completion.
Customer has requested and given permission for the work to be done.
- Which of the following does not form subset of the project charter?
Your answer:
Project optimization sequencing
Project title and description
Project goals and objectives
- Some of the processes of Project Time Management are:
Your answer:
Atomic clock proliferation and utilization.
Activity definition, Schedule development, Activity sequencing
Contolling, Modeling, Evaluation, and Barnstroming.
- What is not handled as a constraint in a project management role?
Your answer:
Choice of the team member.
Limits of authorization
Laws and regulations
- The product description:
Your answer:
Clarifies the characteristics of the product or service that the project was to create
Is a flexible document that is enhanced by team collaboration
Is only relevant if the time frame is abundant.
- What is slack or float?
Your answer:
The portion of the project budget that can be flexible.
The ceiling of time in which a project can be facilitated.
Amount of time a task can be delayed without missing the deadline to complete the project.
- Which is the best formula to estimate duration using PERT?
Your answer:
(X-5)/3.18 PI
(4M/6)XP+32
(P+4M+O)/6
- Management approach in which the project manager solicits information and shares decision-making authority with the project team.
Your answer:
Participative Management Style
Promotional Management Style
Conciliatory Management Style
- The construction of a small building will cost a certain amount per square foot of space. This is an example of what type of estimating?
Your answer:
Parametric modeling
Weighted average modeling
Scatter chart analysis
- Which technique is used to estimate project costs?
Your answer:
Breakdown Fortification Analysis of the Net Profit.
Parametric estimating
Parabolic charting of the PE
- Which element is not in the "triple constraint"
Your answer:
Time Frame
Quality
Scope
- For which of the following project benefit measures is a lower value a greater value?
Your answer:
Quick Ration
Payback period
IRR
- Organizations and institutions commonly hire leaders with
Your answer:
The person with the capacity for Greenspan logic
Integrity, Skill, and expertise.
The candidate who can use fusion histograms.
- Before responding to a contractual dispute with facts and figures, a Master Project Manager would:
Your answer:
Notify the CEO or other high level figures.
Consult with the team and in-house counsel or a lawyer and try to put together the facts and legal postion.
Consult with the CPA or Controller in the Organization
- When putting together the project agreement, a MPM Master Project Manager would consider adding this language to the agreement.
Your answer:
Language to accomodate for fluctuating costs with regard to the project such as commodities.
Choice of law, forum and jurisdiction, and dispute clauses.
All of the above
- An instruction manual for users of a product of service should contain?
Your answer:
Diagrams of the products engineering.
The P-55 legal stipulations as required by law.
A troubleshooting guide and operating instructions.
- A review of management processes and the associated documentation is commonly called
Your answer:
The portfolio review process
The Compliance screening process
The Audit
- A financial institution has decided to systematically upgrade all of its cash vending machines or ATMs over the next 11 months, starting in June 2005. What type of conversion methodology is this?
Your answer:
Phased
Beta 3 - Conversion
Co-Axel Conversion
- An organization has software to calculate the total cost of wages for a seven-month building project. What type of decision would mandate the use of this information?
Your answer:
Focus Group Decision
Cross Analysis Decision
Tactical Decision
- Which is correct regarding projects?
Your answer:
A project is the collection of information so as to facilitate a task.
A project is a long term strategy used to implement the critical mission.
A project is a temporary endeavor engaged to create a unique product or service.
- An effective method for improving an organization's project management knowledge base is through:
Your answer:
Integrated IT - Z55 emancipation techniques.
Coaching and mentoring
The cooperation of body of knowledge using a balanced scorecard.
- A surgery practice has changed procedures and equipment within its information system in order to increase the efficiency of processing patients’ health records. Which criteria would be used to evaluate the modified IT information system?
Your answer:
Augmentation of the patient experience
Feedback scoring methods.
Decrease in the time taken to retrieve patients’ files
- Identify two formats for drawing a network diagram?
Your answer:
Activity in a box and activity on the arrow.
Activity in equation and activity on the alignment.
Activity in a circle adn activity on the point.
- What is an RFP?
Your answer:
A Revision of Focus to the Project.
States comprehensively and in detail from a customer point of view what is required to address an identified need.
Clarifies the project using the lead managers scope and authority.
- What are some attributes of a project?
Your answer:
A well defined objective
Degree of uncerainty
All of the above
- The lowest level work item for any given branch of the work breakdown structure is called?
Your answer:
Access Package
Constructive Portfolio
Work Package
- The equation for calculating an activity's earliest finish time is?
Your answer:
Duration Estimate = ES-EF/ES Approx
EF = ES + Duration Estimate
ES+EF/Time = Estimate
- What are the 3 ways in which a project maanger communicates?
Your answer:
Face to face, negotiations, and team meetings.
Meetings, written reports, and Informal Conversations
Web, Phone and Mail
- Which of the following definitions describes the project management lifecycle?
Your answer:
What your team and you would need to do to manage the project
IZO 9000 C Protocol
The globalization principle.
- Which of the following is not a AAPM ethical body of wisdom ?
Your answer:
Overtime for any outside consulting
Confidentiality of projects
Abstain from a conflicts of interest
- A main disadvantage of this type of organization could be conflicts over staff members.
Your answer:
A Vertical Team Plan
A Horizontal Organizational Chart
Matrix Organization
- In a functional organization
Your answer:
The organization can use the flexible matrix.
Functional Manager takes the project under his/her department.
A Lead Manager always holds the Alpha Authority
- Which of the following statements is correct about Dr. Deming?
Your answer:
Believed managers didn’t traditionally react the correct way when they detected variation
He thought that team fear was good for morale
Dr. Deming thought that standard deviation was nonsense.
- Describe the Pros and Cons of a GERT Chart
Your answer:
Allows for cross analysis but the Gamma part of the GERT can take up to 2 days.
Simple for others to interpret but makes ratio analysis difficult
GERT: can loop back to the task and it shows probability. Disadvantage: too complex to draw and too complex for others to interpret
- How many years of industry experience do you have in project management related work and do you have an accredited college degree? By answerning this question, you are verifying in good faith that your answers are true and correct and not designed to perpetuate a fraud upon any parties herein. Please sign your name to this question to finalize the exam. Thanks, AAPM
Your answer: