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Q151. A stakeholder has indicated that a three phase project must be completed in four months instead of the previously agreed upon six months. It is determined that fast-tracking the project is the only option. Which of the following is a characteristic of fast-tracking a project?
A. Minimizes risk due to decreased timeline.
B. Requires planning and execution to be completed in parallel.
C. Minimizes cost since work is completed in four months instead of six.
D. Requires rework due to decreased timeline.
Answer: B
Q152. The project scope document should outline which of the following project items? (Select Two).
A. Services
B. Lessons learned
C. Products
D. Schedule baselines
E. Resource availability
Answer: A,C
Q153. Which of the following personnel should sign the project charter?
A. A representative from the project management office
B. The project manager
C. The most senior project team member
D. An executive with the power to authorize the project
Answer: D
Q154. Which of the following contract types places the LEAST amount of risk on the seller?
A. Fixed-Price
B. Cost-Plus-Fixed-Fee (CPFF)
C. Cost-Plus-Fee (CPF)
D. Time and material
Answer: D
Q155. A product has been sent to an outside vendor for testing. During their testing it was determined that the product is not meeting the quality standards. The project manager scheduled a meeting to review their findings. Which of the following BEST describes this situation?
A. Quality assurance
B. Quality control
C. Quality analysis
D. Quality planning
Answer: B
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Q156. A project manager receives a memo from a key stakeholder in the project. The memo states that going forward they should be notified of all scope changes, but not involved in the decision making process. Which of the following should the project manager do NEXT?
A. Initiate a transition plan.
B. Assign the stakeholder to the change control board.
C. Schedule a meeting with the stakeholder.
D. Update the communication plan.
Answer: D
Q157. When ensuring the quality of project deliverables, which of the following is the NEXT step the project manager should take, once performance information has been gathered?
A. Create Gantt charts
B. Generate change requests
C. Identify variances
D. Implement change requests
Answer: C
Q158. The communication plan for a project is a subset of which of the following documents?
A. Project charter
B. Risk management plan
C. Project schedule
D. Project plan
Answer: D
Q159. Which of the following BEST describes the chart of accounts?
A. The numbering system used to monitor the quality measurements during the life of the project.
B. The numbering system used to track project costs depending on their activity type.
C. The numbering system used to decompose project activities into sub-project activities.
D. The numbering system used to identify each activity on the work breakdown structure.
Answer: B
Q160. A project manager has noted that a vendor is providing a poor quality product. The vendor states that its products meet the quality standards outlined in the current contract. Which of the following documents outline the contractual requirements?
A. The statement of work (SOW)
B. The milestone schedule
C. The request for proposal (RFP)
D. The work breakdown structure (WBS)
Answer: A