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

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Viewing page 4 out of 13 pages
Viewing questions 46-60 out of questions
Questions # 46:

Instead of celebrating the end of the project, the stakeholders are breathing a sigh of relief. None of them were confident the project would meet the end date.

Which of the following is NOT one of the reasons this project had difficulty?

Options:

A.

Lack of a payback period

B.

Lack of milestones

C.

Lack of a communications management plan

D.

Lack of a staffing management plan

Questions # 47:

You are a project manager for a software manufacturing firm. The project you've just finished created a new software product that is expected to become a number-one seller. All prerelease of software is handled through the marketing department. A friend of yours is a certified software instructor. They have asked you for a copy of the software prior to the beta release so they can get familiar with it.

What is the most appropriate response?

Options:

A.

Since your friend is certified to teach your company's brand of software, provide them with a copy of the software.

B.

Decline the request since you stand to gain from this transaction by receiving free training.

C.

Ask them to sign a nondisclosure agreement before releasing a copy of the software.

D.

Decline the request because the software is the intellectual property of the company.

Questions # 48:

A ________ estimate prepared from layouts, sketches and flowsheets, should be accurate within (-10, +25%).

Options:

A.

Parametric

B.

Bottom up.

C.

Budget

D.

Top down.

E.

Definitive.

Questions # 49:

Fast tracking is a schedule compression technique used to shorten the project schedule without changing project scope.

Which of the following can result from fast tracking?

Options:

A.

The risk of achieving the shortened project time is increased.

B.

The critical path will have positive total float.

C.

Contingency reserves are released for redeployment by the project manager.

D.

Duration buffers are added to maintain a focus on planned activity durations.

Questions # 50:

You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity.

What is the most appropriate response?

Options:

A.

You decide to participate in the initial meetings with the foreign business partners because any information you gain now will help you when you make the move to the new company.

B.

You inform the foreign business partners that you're going to be working with a new company and that you know the deal they'll receive from the competing company is better than the one this company is proposing.

C.

You decline to participate in the initial meetings with the foreign business partners because of a conflict of interest.

D.

You've not yet received an official offer from the competing company for your new job opportunity, so you choose to participate in the initial meetings with the foreign business partners.

Questions # 51:

The procurement document is an input to which of the following processes?

Options:

A.

Develop Project Management Plan

B.

Develop Schedule

C.

Identify Stakeholders

D.

Determine Budget

Questions # 52:

Which of the following statements is true regarding schedule variances?

Options:

A.

Schedule variances never impact the schedule.

B.

Schedule variances sometimes impact the schedule.

C.

Schedule variances impact scope, which impacts the schedule.

D.

Schedule variances always impact the schedule.

Questions # 53:

Which of the following methods is a project selection technique?

Options:

A.

Flowcharting

B.

Earned value

C.

Cost-benefit analysis

D.

Pareto analysis

Questions # 54:

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

Options:

A.

Methodology

B.

Standards

C.

Constraints

D.

Interdependencies

Questions # 55:

A project manager has just been assigned to a new project and has been given the approved project charter. The FIRST thing the project manager must do is:

Options:

A.

Create a project scope statement.

B.

Confirm that all the stakeholders have had input to the scope.

C.

Analyze project risk.

D.

Begin work on a project management plan.

Questions # 56:

A project manager arranges for project specific training for the new team members.

Under which category does this cost fall?

Options:

A.

Appraisal

B.

Internal failure

C.

External failure

D.

Prevention

Questions # 57:

Which statement is TRUE about Present Value(PV)?

Options:

A.

The difference in benefit received between a chosen project and a project that was not chosen

B.

The interest rate that makes the net present value of all cash flow equal zero

C.

The value today of future cash flow

D.

The present value of cash inflow less the present value of cash outflow

Questions # 58:

How is quality control performed?

Options:

A.

By identifying quality standards that are relevant to the project and determining how to satisfy them.

B.

By monitoring specific project results in compliance with relevant quality standards and determining corrective actions as needed.

C.

By ensuring that the entire project team has been adequately trained in quality assurance processes.

D.

By applying Monte Carlo, sampling, Pareto analysis and benchmarking techniques to ensure conformance to quality standards.

Questions # 59:

The ability to achieve cost savings is inversely proportional to _____.

Options:

A.

empowerment to the P.M.

B.

productivity

C.

the estimated costs to complete

D.

the earned value achieved to date

E.

None of the other alternatives apply.

Questions # 60:

Which of the following provides a comprehensive and consistent method of controlling the project and ensuring its success?

Options:

A.

Stakeholder management

B.

Monitoring and controlling

C.

Project governance

D.

Project management methodology

Viewing page 4 out of 13 pages
Viewing questions 46-60 out of questions
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