MPM 004 - Project Closeout (PGCPM Questions and Answers - 3)

41.  What is not the part of purchase order close out?

 A  Operating instructions

 B  Compliance with delivery terms

 C  Preparing project management plan

 D  Vendor’s Claims

 

42.  Which is not the part of core element of contract?

 A  Payment terms

 B  Company leave policy

 C  Statement of work

 D  None of the above

 

43.  Which agreement is signed to keep the information secret between client and contractor?

 A  Letter of authorization

 B  Subcontractor agreement

 C  Contract

 D  Non-disclosure agreement

 

44.  When is the project close out reports prepared?

 A  Planning stage

 B  Implementation life cycle

 C  End of the project

 D  Execution stage

 

45.  Which documents are ensured to be closed in project close out?

 A  Risk management log

 B  Project change log

 C  A & B

 D  None of the above

 

46.  Which resources are included in resource close out?

 A  Man

 B  Material

 C  Equipment

 D  All of the above

 

 

47.  What is not true for team close out?

 A  The team resources are returned after the completion of project

 B  It is not a good practice to conduct close out meeting even if the project is terminated early.

 C  Meeting for close out or celebration to be conducted

 D  The project manager ensures that the stakeholders should be made aware of any remaining work

 

48.  Which aspect is included during lessons learnt from projects?

 A  Positive

 B  Negative

 C  Both

 D  None of the above

 

 49.  What is necessary to accept a project?

 A  Project Plan

 B  Meeting acceptance criteria

 C  Executing a project

 D  Resource allocation

 

50.  When is the project acceptance done?

 A  Project had satisfied requirement with some minor errors/omissions

 B  Project had not satisfied the acceptance

 C  Project had satisfied the acceptance

 D  At the implementation stage

 

51.  When the project is considered successful?

 A  When deliverables are by & large handed over to a client

 B  When all the deliverables as per checklist are delivered

 C  When project team members are dispersed

 D  When the total payment is received by the contractor

 

52.  What are the methods of project evaluation?

 A  Project Audits

 B  Quality Control

 C  Post Implementation Reviews

 D  A & C

 

53.  Which of the following is considered for post project evaluation review?

 A  Overall cost of the project

 B  The improvements done in the project in communication techniques, project mission, risk management and planning.

 C  Analysis of lessons learnt to benefit future projects

 D  All of the above

 

54.  When is the project health check done?

 A  Regular interval throughout the project

 B  Start of the project

 C  A & B

 D  None of the above

55.  What is true of project audit?

 A  It assesses the performance of the project

 B  It ensures that right team skills are available

 C  It detects the irregularities as early as possible to prevent damage at the later stages of project

 D  None of the above

 

56.  Which is not the step for post project evaluation?

 A  Conducting post project evaluation review meeting

 B  Preparation for post project evaluation review meeting

 C  Conducting kick off meeting

 D  None of the above

 

MPM 004 - Project Closeout (PGCPM Questions and Answers - 2)

21.  Assemble product components is an

 A  Infinity process

 B  Incremental process

 C  Identical process

 D  Undefined process

 

22.  Before assembling any product component one should ensure:

 A  Readiness of product integration environment

 B  Each component should be confirmed to be compliant with its interface requirement.

 C  Integration sequence is properly defined and reviewed.

 D  All of the above

23.  Product evaluation can be done at two levels:

 A  Planning and organizing

 B  Verification and validation

 C  Quality control and quality assurance

 D  Sequencing and assembling

 

24. Verification of product can be done by

 A  Structured walkthroughs.

 B  Demonstration of functionality

 C  Planned inspection meetings.

 D  A & C

 

25.  Document management does not include:

 A  Document development

 B  Document control

 C  Document review

 D  Document approval

 

26.  Project initial document is not:

 A  Project quality plan

 B  Project management plan

 C  Project charter

 D  Project scope statement

 

27.  Priority Setting techniques are:

 A  Compromise and consensus

 B  Top down and rolling wave

 C  Dot Voting and Weighted voting

 D  Probability and Impact

 

28.  Most appropriate technique use for group priority setting is

 A  Dot Voting

 B  Weighted Voting

 C  Consensus Decision

 D  Multi Voting

 

29.  Parato analysis helps to identify

 A  About 20% of the most critical issue

 B  About 80% of the most critical issue

 C  About 100% of the issue status

 D  About 20% of the issue status.

 

30.  Issue Histogram helps to

 A  Review all pending issues

 B  Give overall status of the project issues

 C  Identify the most critical issue in the project

 D  All of the above

 

31.  In carrying out effective contract administration, it is necessary to:

 A  Document all change requests

 B  Have a good contract change control system

 C  Have buyers and sellers develop a good personal relationship

 D  A and B

 

32.  The amount of monitoring of contractor's work by the project manager will vary based on:

 A  The value of the contract

 B  The type of contract being used

 C  The reputation of the contractor

 D  The nature of the work being done

 

 33.  What is NOT true?

 A  Both the buyer's and seller's project manager's should be aware of the contract's legal implications

 B  Seller must meet all contractual obligations

 C  Contractor must complete work receiving any payment

 D  Project manager is responsible to ensure seller is meeting all requirements

 

34.  Who issues the warranty?

 A  Manufacturer

 B  Customer

 C  Retailer

 D  A & C

 

35.  When is the warranty rights enforced against suppliers?

 A  When warranty is not violated

 B  When warranty is violated

 C  During pre-delivery of goods and services

 D  Suppliers do not meet the commitment in delivery

 

36.  In contract close out, one should:

 A  Measure the performance of a contracting organization based on specifications and the technical aspects

 B  Measure how well did the contractor behaved

 C  Measure the personal relationship with the contractor

 D  Measure customer satisfaction

 

37. During contract closeout a Product verification is done to:

 A  Ensure that the seller's work is complete and satisfactorily meets all the contract requirements

 B  Verify the product's design

 C  To document the seller's work

 D  Verify the work completed for making seller payments

 

38.  Contract Closeout involves all of the following except:

 A  Relocating the team members

 B  Formal acceptance of the work by the buyer

 C  Updating the contract file

 D  Product verification

 

39.  Contract closure should be done:

 A  If there is enough time

 B  If a contract is terminated before completion

 C  At the end of the contract

 D  B and C

 

40.  Who issues the purchase order?

 A  Buyer

 B  Seller

 C  Project Manager

 D  None of the above

 

MPM 004 - Project Closeout

1.  Providing required quality in the project can be defined as:

 A  Conformance to requirements

 B  Gold plating

 C  Achieving Six sigma

 D  Having Zero defects

 

2.  Which is the right sequence amongst the following:

 A  Progress, problem solving, information and decision-making

 B  Information, decision-making, problem solving, progress

 C  Information, problem solving, decision-making, progress

 D  Information, problem solving, progress, decision-making

 

 

3.  Initial project definition is required to establish

 A  Project documentation management system.

 B  A common understanding among all stakeholders.

 C  A basic foundation for project integration.

 D  B & C

 

4.  ________gives a summary level project definition

 A  Project charter

 B  Scope management plan

 C  Cost management plan

 D  All of the above

 

5.  Project definition does not include:

 A  Business need

 B  Project purpose and description

 C  A summary milestone and budget

 D  Network diagram.

 

6.  A high level summary definition of project ensures:

 A  Understanding of roles and responsibilities amongst various functional units in achieving project’s requirements.

 B  A common understanding of project purpose, requirements, business needs, risk and assumption/constraints.

 C  Conflicts arising due to interaction among various functional units will be maximized.

 D  A & B

 

7.  Development of project management plan is:

 A  An iterative process

 B  Progressive elaboration process

 C  A rolling wave technique

 D  All of the above

 

 

 

 

 

8.  Managing plan includes

 A  Development of products, services and results.

 B  Development of network diagram for the project.

 C  Integrating approved changes across the entire project.

 D  Hiring human resources for the project.

 

 

9.  Core functions for the project management integration are

 A  Communication and procurement

 B  Scope and quality

 C  Risk and human resource

 D  All of the above

 

10.  Facilitating functions for the project management integration are

 A  Communication and procurement

 B  Scope and quality

 C  Cost and time

 D  All above

 

11.  Corrective action is a documented procedure for executing the project work in order to

 A  Prevent and eliminates occurrence of negative consequences associated with project risk.

 B  Repair and correct defects identified in the project.

 C  Prevent recurrence and eliminates the cause of nonconformities.

 D  Identify the new risks in the project.

 

12.  Preventive action is a documented procedure for executing the project work in order to

 A  Prevent recurrence and eliminates the cause of nonconformities.

 B  Repair and correct defects identified in the project.

 C  Prevent and eliminates occurrence of negative consequences associated with project risk.

 D  Identify new risks in the project.

 

13.  Outcomes of a successful management of project execution are:

 A  A verified product, services and result which was expected as a delivery from the project.

 B  Implementation of corrective actions, preventive actions and defect repair identified during the project execution.

 C  Updated project documents for lesson learn and improvement activity.

 D  All of the above.

 

14.  Monitoring includes:

 A  Developing the monitoring document.

 B  Measurement of project performance data

 C  Accepting the changes

 D  Implementing the changes

 

15.  Control is all about

 A  Controlling deviation

 B  Recommending corrective and preventive actions

 C  Controlling changes

 D  All above

 

16.  Monitoring and control ensures:

 A  Project management plan is approved

 B  Documentation management is in place

 C  Project is carried out as per schedule and in estimated budget and resources as planned.

 D  None of the above

 

17.  Requirements for equipment, software and other resources for integration platform are gathered during:

 A  Organization phase

 B  Implementation phase

 C  Planning phase

 D  Planning phase

 

18.  The most critical aspects of product integration is

 A  Acquiring resources for integration testing.

 B  Managing product component interfaces and ensuring compatibility among them.

 C  Managing budget during product component development.

 D  None of the above

 

19.  Sequencing of components integration cannot be decided on the basis of:

 A  Functionality of the components.

 B  Customer’s need or priority

 C  Components dependencies

 D  Project cost estimation

 

20.  Project cost estimation

 A  Designing the product components.

 B  Avoiding any overlap or conflict in product component integration.

 C  Developing a complex product component.

 D  Acquiring an integration platform.