Certification Practice Questions

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    Certification Practice Questions:

    All of the statements regarding control accounts and planning packages are trueEXCEPT:

    A) Planning packages reflect a future segment of work within a control account that has not yet

    been decomposed into detailed work packages B) Each work package planning package may be associated with only one control account

    C) A planning package is an assigned !B" le#el used to monitor cost and schedule performance

    of significant element of work

    $) As work becomes more clearly defined% planning packages are usually con#erted into work

    packages&

    E) Control accounts and planning packages are tools techni'ues of the Acti#ity $efinition process

    [Ans: C]

    Control accounts are placed at selected management points of the !ork Breakdown "tructure (!B") to

    monitor cost and schedule performance of significant elements of work& Control accounts are a managementcontrol point for cost summariation% scope description% and #ariance analysis * reporting% responsibility

    assignment% and correcti#e action planning& Each Control account contains one or more work packages and

    planning packages% but each work package planning package may be associated with only one control

    account& Control accounts are also referred to as cost accounts&

    Planning packages reflect a future segment of work within a control account that has not yet been decomposed

    into detailed work packages& Planning packages are !B" components with known work content but without

    detailed schedule acti#ities& As work becomes more clearly defined% planning packages are usually con#erted

    into work packages& Planning packages and control accounts are tools techni'ues of the Acti#ity $efinition

    process&

    A control account% not a planning package% is an assigned !B" le#el used to monitor cost and schedule

    performance of significant element of work

    +eferences: P,B-. /rd Edition% "ection 0&1&2&3

    +eferences: P,B-. /rd Edition% 4lossary

    PMP 2005 Certification Practice Questions:

    5ou ha#e been recently hired to be a pro6ect manager at a bio7tech company to de#elop a new drug totreat pancreatic cancer& This pro6ect re'uires significant coordination across multiple departments% from +*$to ,anufacturing&

    5ou8#e attempt to gain the cooperation of the Chief "cientist (who reports to the 9&P& of +*$) within the+*$ department& 5ou need her assistance to answer some 'uestions regarding the clinical testing processof this new drug&

    owe#er% the Chief "cientist is un7interested in your pro6ect and pro#ides little or no feedback to your'uestions& "ince your pro6ect is ;-T one of her priorities% she8s been rather unresponsi#e to your 'uestions&

    !hat should you do in this situation

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    A) =nform the 9P of +*$ of the performance issues& Establish the e>pectations of the Chief "cientist bycommunicating your pro6ect re'uirements to the 9P of +*$& Cooperation from the 9P of +*$ is necessaryin order to ensure performance from the Chief "cientist& B) Communicate to the Chief "cientist that you8ll be reporting her performance to the 9P of +*$ at thecompletion of the pro6ect& C) Clearly define and establish the Chief "cientist duties and communicate to her that you are e>pectingher to meet e>pectations& =nform the Chief "cientist of the impact on lost customers and declining company

    re#enues if she misses her deadlines& $) ;egotiate with the 9P of +*$ to establish e>pectations of the Chief "cientist and re'uest toparticipate in the Chief "cientist8s annual performance re#iew&

    [Ans: D]

    ,any pro6ects re'uire team members from #arious departments in the organiation to work together on different

    aspects of the pro6ect& ?nfortunately% resources can be scarce when multiple pro6ects are competing for the

    same resources& =n such cases% team members will likely remain loyal to their super#isor functional manager&

    "ince the functional super#isor often writes the performance re#iews% team members will often ha#e greater

    loyalty to the functional super#isor than to the pro6ect manager& =n order to remedy this% the pro6ect manager can

    negotiate with the functional super#isor in contributing to the employee8s performance re#iew&

    To say the least% it takes skillful% diplomatic abilities to na#igate through the organiational politics& Although

    pro6ect managers ha#e little authority in functional organiations% with the right knowledge% they can succeed at

    their pro6ects&

    5ou are using the Three7Points Estimating techni'ue to estimate the duration of a scheduled acti#ity& !hichof the following statements are true gi#en the following dataponential distribution

    E) ;ot enough information is pro#ided

    [Ans: A]

    Three Point Estimates is a techni'ue for estimating and planning large pro6ects& -ne of its

    ad#antages is the ability to manage probabilities associated with the pro6ect& =t utilies simplestatistical mathematics in order to construct a probability distribution for the completion dates of thepro6ect milestones% based on three types of estimates: "ost #i$e#y% &essi"istic% o&ti"istic!

    or atriangu#ar distri'ution%the mean and #ariance are calculated as follows:

    Mean@ (pessimistic optimistic most likely) /

    (ariance@ D(optimistic 7 pessimistic)2 (most likely 7 pessimistic) F (most likely 7 optimistic)G 1H

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    or a 'eta distri'ution% the mean and #ariance are calculated as follows:

    Mean@ (pessimistic IF(most likely) optimistic) 0

    (ariance@ ((optimistic 7 pessimistic)0)2

    =n this e>ample% the calculations were performed assuming a triangu#ar distri'ution&

    Mean@ (most likely optimistic pessimistic) /@ (12 1 2) /= 140 days

    (ariance@ D(optimistic 7 pessimistic)2 (most likely 7 pessimistic) F (most likely 7 optimistic)G 1H@ ((172)2 (1272)F(1271)) 1H@ (1 7 10) 1H= 4!

    !ith respect to the cost of )ua#ity% which of the following indi#iduals was responsible for de#eloping the

    J*ero+defectsJ approach& a 3 percent chance that the pro6ect will complete between 0I days and OH days B) There is appro>& a 3 percent chance that the pro6ect will complete between 0I days and OH days C) There is appro>& a percent chance that the pro6ect will complete between 0I days and OH days $) There is appro>& a 3 percent chance that the pro6ect will complete between 3O days and H3 days E) There is appro>& a 0H percent chance that the pro6ect will complete between 3O days and H3 days

    [Ans: D]

    Three7Point Estimating is a techni'ue for estimating and planning large pro6ects& -ne of its

    ad#antages is the ability to manageprobabilitiesassociated with the pro6ect& Three7PointEstimating utiliies simple statistical mathematics in order to construct a probability distribution forthe completion dates of the pro6ect milestones&

    !ithout getting too in#ol#ed in the statistics and mathematics% a pro6ect will ha#e a 68.26 percentchance of being completed within onestandard de#iation from the mean& The pro6ect will ha#e a95.44 percentchance of being completed within t/ostandard de#iation from the mean& And thepro6ect will ha#e a 99.73 percentchance of being completed within t.ree standard de#iation fromthe mean&

    "pecifically% to calculate the the probability distribution for the completion dates of the pro6ect% oneneeds to calculate the e&ected va#ue "ean and standard deviationfor the entire pro6ect&

    The e&ected va#ue "eanof the pro6ect is simply the su" of the indi#idual e>pected #alues for

    each of the acti#ities&

    Task A (E9)7 1&3 days

    Task B (E9) 7 I1&3 days

    Task C (E9) 7 1&1O days

    ota# 3&ected Proect Duration = 1!1 days

    The standard deviationfor the pro6ect can be calculated by calculating the standard de#iation of

    each acti#ity% adding up the s)uaresof each acti#ity8s standard de#iation% and then taking thes)uare rootof this sum&

    Task A ("$ "'uared) @ I&0

    Task B("$ "'uared) @ /&23

    Task C("$ "'uared) @ 1I&0

    Total ("$ "'uared) @ I&0I

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    6tandard Deviation 7f Proect = 6)uare8oot 9ota# [6D 6)uared] = 6)uare8oot 94;!4 =!04

    ence% there is a 0H&20 percent that the pro6ect will complete in onestandard de#iation from the

    mean% which is between 0I&1/ days (O1&1O7O&I) and OH&21 days (O1&1O O&I)

    There is a 3&II percent that the pro6ect will complete in t/ostandard de#iations from the mean%which is between 3O& days (O1&1O 7 (2FO&I)) and H3&23 days (O1&1O (2FO&I))

    There is a &O/ percent that the pro6ect will complete in t.reestandard de#iations from the mean%which is between 3&3 days (O1&1O 7 (