Q.1 The _______ can be used to assess outlays and funding requirements.

A Cost assignment matrix

B Cost performance baseline

C Cost variance analysis

D Control account plan

Q.2 What is not true for change requests?

A) Change requests should always be handled in a controlled and integrative fashion.
B) Change requests surpassing the formal change control processes can lead to scope creep.
C) Professionally managed, change requests can help improving a project and resolving emerging problems.
D) Change requests are always a sign of bad planning and should be avoided therefore.

Q.3 Some colleagues told you that they are planning, executing, monitoring and controlling a project by use of milestones only with durations between 1 and 4 weeks. What do you think?

A) The approach is erroneous. A milestone is a significant point with zero duration to highlight achievements.

B) It is a good approach as long as the milestones reflect fixed or imposed dates during the project lifecycle only.

C) It is a good approach if the milestones are used for reviews between consecutive project phases only.

D) It is a good approach because it saves from progress measurement on activities and work packages.

Q.4 A project manager tracks the work of team members using a network logic diagram. Which effect will the presence of an actual finish date have on the calculation of float for the finished activity?

A. Finished activities have only float left when they have been completed on schedule.

B Calculating free float and total float is generally not reasonable for finished activities.

C When an activity has been finished; total float gets often converted to become free float.

D When an activity has been finished; float gets often converted to become slack.

Q.5 As a leader, how should you deem ethical conduct?

A. You should ensure ethical conduct throughout the team by use of means including recognition and awards and in tight cooperation with the team members’ line managers.

B Ethical conduct is all right as long as it does not impact the achievement of objectives and does not damage the performing organization’s immediate options for profits.

C You are the role model for the team. Your personal integrity demonstrates the desired skills, behaviour, and attitudes whose adoption may benefit team members.

D There are often dilemma situations in business. Then you may have to suspend your integrity and do what is appropriate. There may be long term negative effects, but these are not your responsibility

Q.6 Which statement on constructive changes is false?

A Constructive changes are contract changes which are construed from actions taken by either party, not from a change document.

B Changes in projects under contract are called Constructive changes if they yield benefits for both parties.

C Constructive changes are a frequent cause of disputes and claims of one contract party against the other.

D Field changes should be meticulously documented to avoid an interpretation as constructive change.