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[PDF and VCE] Free CertBus PMI PMI-001 VCE and PDF, Exam Materials Instant Download

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QUESTION NO: 9

Facilitation techniques are used throughout project management. Your company is embarking on

a project to completely eliminate defects in its products. You are the project manager for this

project, and you are developing your project charter. To assist you, which of the following

facilitation techniques did you use?

A. Surveys

B. Delphi approach

C. Meeting management

D. Focus groups

Answer: C

Explanation:

Meeting management is an example of a facilitation technique used in developing the project

charter as meetings may be held with key stakeholders and subject matter experts. Other

facilitation techniques used to guide preparation of the charter are brainstorming, problem solving,

and conflict resolution. [Initiating]

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: 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: 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: 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: 5

You have assembled a core team to develop the project management plan for the next generation

of fatigue fighting drugs. The science is complex, and the extended team of researchers,

clinicians, and patients for trials exceeds 500 people. The content of your project management

plan will be directed primarily by two factors. They are______________.

A. Project complexity and the capability of resources

B. Number of resources and project schedule

C. Team member experience and budget

D. Application area and complexity

Answer: D

Explanation:

The content of the project management plan is primarily influenced by the application area [in this

case drug development] and complexity of the project. The size of the plan is typically

commensurate with the size and complexity of the project. [Planning]

QUESTION NO: 6

When you established the change control board for your avionics project, you established specific

procedures to govern its operation. The procedures require all approved changes to baselines to

be reflected in the______________.

A. Performance measurement baseline

B. Change management plan

C. Quality assurance plan

D. Project management plan

Answer: D

Explanation:

The project management plan must be updated changes to subsidiary plans and baselines subject

4

to formal change control processes. Those changes must be communicated to appropriate

stakeholders in a timely manner. [Monitoring and Controlling]

QUESTION NO: 1

You work for a software development company that has followed the waterfall development model

for more than 20 years. Lately, a number of customers have complained that your company is

taking too long to complete its projects. You attended a class on agile development methods and

believe that if the company used the agile approach, it could provide products to clients in a

shorter time period. However, it would be a major culture change to switch from the waterfall

methodology to the agile approach and to train staff members in this new approach. You

mentioned this idea to the director of the PMO, and although she liked the idea, she would need

approval from the company’s portfolio review board to move forward with it. She suggested that

you document this idea in a______________.

A. Business need

B. Product scope description

C. Project charter

D. Business case

Answer: D

Explanation:

The business case is used to provide the necessary information to determine whether or not a

project is worth its investment. It is used to justify the project and typically contains a cost-benefit

analysis and a business need.

QUESTION NO: 4

You are the project manager in charge of developing a new shipping container for Globus Ocean

Transport, which needs to withstand winds of 90 knots and swells of 30 meters. In determining the

dimension of the container and the materials to be used in its fabrication, you convene a group of

knowledgeable professionals to gather initial requirements, which will be included in

the______________.

A. Project charter

B. Bill of materials

C. WBS

D. Project Statement of Work

Answer: A

3

Explanation:

The project charter documents the business needs, assumptions, constraints, understanding of

the customer needs and high-level requirements and what the new product, service, or result is to

satisfy. It is the document used to formally authorize the project. [Initiating]

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]

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