A company has set up his production line but few new machines of complex nature were not working by applying after all efforts, manager suggested avoiding these machines, and using old machines which were able to give unfinished output with some defective pieces, which can be make up later, with extra efforts. What type of risk strategy he wants to develop by this way:

A.    Avoid

B.    Mitigation

C.   Transfer

D.   Accept

Q 

A trainee risk analyser was entering risk data as under,

(p) stands for Probability and ( i ) stands for Impact whereas R stands for Risk thresholds

Which entries you will say as wrong:

A. p and i of case 4

B. i and R of case 2 and 3

C. p and R of case 1 and 4

D. p and i of all cases

Q

In a particular activity project manager and his/her team observed that if few skilled resources are increased, positive impact of activity will be doubled:

This is an example of

A.    Enhancing of positive risk

B.    Resource levelling

C.    Schedule compression

D.    Team acquisition

Q

Project manager was engaged with some experts and experts were assessing the effectiveness of risk responses implemented for a mega project. Expert team was busy in

1.     Risk reassessment

2.     Risk audit

3.     Variance and trend analysis

4.     Risk impact assessment

Q

Project team was busy in Identification of new risk and closing of outdated risk also they were updating current risk status by their frequent assessment. They were engaged in,

1.     Risk reassessment

2.     Risk audit

3.     Risk prioritization

4.     Risk identification

Q

Vital cause of corrective actions comes from risk process areas, is

A.     Contingent plan and workaround events

B.     Mitigated risk responses

C.    Active and passive acceptance of risk events

D.    Fall back plans and secondary risk responses

Q

Under Administer procurement, Procurement performance review includes

A.    Review of Quality of audits during execution

B.    Review of Buyers Inspections during seller’s execution of work

C.    Review of sellers progress to deliver projects scope

D.    All above

Q

Firm ABC has been awarded an EPC contract under the conduct procurement process from an African country for setting a fertilizer plant, now the next step of ABC firm would be

A.     Complete the processes of  Identify Stakeholders and Collect Requirements

B.     Administer procurement with her contractors

C.    Wait for a formal order from her own country govt under Work authorization system

D.   Start execution

Claims Disputes and Appeals in Procurement management are due to

A.     Constructive Changes

B.     Contested Changes

C.    Both Constructive and Contested Changes

D.    Issues which are to be resolved by law and order.

Q 64

Procurement performance review and Inspection and audit are tools of Administer procurement, which one statement is correct in respect of an application area:

A.    Quality of audits and inspection of seller work progress is examined under Inspection and audit

B.    Verifying compliance of sellers work processes or deliverables during execution under Procurement performance review

C.    Review of sellers progress to deliver projects quality schedule cost and scope under procurement performance review

D.    In procurement performance review performed work of seller is measured while in Inspection and audit, it is checked whether quality of work is correct or not.

Q 65

Networking is constructive way to understand political and interpersonal factors, it impacts on

A.     Effectiveness of Business relationship, and external projects relations

B.     Effectiveness of Stakeholder relationship

C.    Effectiveness of staffing management options

D.    Effectiveness of procurement and market dealing

 Q66

Role of staffing member means:

A.     Authority belongs to member

B.     Accountability belongs to member

C.    competency owned by member

D.    Responsibility belongs to member

Q67

Responsibility Assignment matrix includes information

A.     Activities associated with a person

B.     Persons associated with an activity

C.    A Person accountable for activities

D.    All Above

Q

A responsibility description documents providing information regarding, Responsibility, Accountability, Competency, and Qualification, would be a

A.     Role-Responsibility-Authority Form

B.     RACI Chart

C.    Organizational Chart

D.    Histogram Chart

A project team member working in human resource department was searching for the strategic information regarding Human resource policies, Union contracts and regulations, as a project manager what you will suggest to get them at one place:

A.    Organizational process assets

B.    Staffing management plan

C.    Enterprise Environmental factors

D.    Project management information system

Q

In a risk analysis a team member assessed the probability of a risk is as “one”, it means:

1.     It is a 100% risk

2.     It is a pure opportunity

3.     It is a pure risk

4.     It is a certain event

Q

Which one is Uniform Distribution Method graph

 Refer below link for figures

er-sspawar.blogspot.in/2012/10/this-page-contains-javascript-functions.html

or

er-sspawar.blogspot.in

Q

In quantitative risk analysis, different probability distribution methods are used, below figure is an examplw of:

1. Normal Distribution Method


2. Discrete Distribution Method


3. Uniform Distribution


4. Triangular Distribution

A project team of 20members including Project head, having mobile hand set each and in addition of handsets, 5 seniors have individual land line phones and remaining staff is using 2 land line phones commonly. How many potential communication channels you will consider.

A. (20X2 ) + (7X2)

B. (19x10) +(7x3)

C. (20+5+2) x13

D. (19x10)

In a basic communication model, various standard terms and their functions are defined. Which statement in this reference is NOT correct?
A. Sender is not responsible whether message has been understood by receiver.
B. Lack of back ground information, Distance and unfamiliar technologies are Noises
C. Message is output of sender and feedback message is output from receiver.
D. Method used to decode the message is called Medium.

Q
As an organizational process asset updates, Project reports, are output of Distribute information process, it includes project status and following all except:
A. Minutes of meetings
B. Project closure reports
C. Issue logs
D. Lesson learned

Q
Project Note Book is
A. A document belongs to Sponsor, which keeps all summary notes during projects.
B. A document belongs to Project team, which keeps records like memo, correspondences, projects’ other records
C. A document of Project manager, which keeps all relevant and confidential reports to help him/her during project works.
D. An electronic data point kept in project management information system and updated regularly.

Q
Being a Project manager, to distribute performance report, which communication method, you will prefer:
A. Interactive communication Method
B. Push communication method
C. Pull communication method
D. Formal written

Work performance information is an output of direct and manages project execution, it comprises following information except

A.     Deliverables status

B.     Schedule progress

C.    Cost incurred

D.    WBS updates