Quick Quiz - Integration

Quick Quizzes are a great way to assess how much you learned during the PMP Boot Camp. They aren't called "Quick" because they are short or take a small amount of time, but rather because you should be able to answer each question quickly. You probably won't see many questions like this on the PMP exam, but it is a good way to solidify the base knowledge upon which you must draw to answer PMP situational, behavioral questions. This Quick Quiz will help you obtain the 1st of the 3 keys to passing the PMP Exam: An in-depth understanding of the PMBOK. 

Quick Quizzes are timed based on an average of 72 seconds per question.

If you cannot answer all of these questions correctly, go back and study the student guides, read the PMBOK, and prepare questions to ask your instructor during the next class session.

To obtain an in-depth understanding of the PMBOK (copy)

What is the first process that you should always do on a new project?

Develop Project Charter

  • Identify Stakeholders
  • Develop PM Plan
  • Initiating
  • Develop Project Charter

What is the last Process you should always do?

Close Project or Phase

  • Closing
  • Close Project Work
  • Close Project or Phase
  • Close Procurements

What 2 things are needed to Develop Project Charter?

Business Case and SOW

  • Business Case and Contract
  • Contract and SOW
  • PM Plan and SOW
  • Business Case and SOW

Project A has an opportunity cost of $200K and Project B has an opportunity cost of $350K. Which project should you choose?

Project A

  • A
  • B

Project A has an NPV of $100K and Project B has an NPV of $200K. Which project should you choose?

Project B

  • A
  • B

How many components are in the PM Plan?

16

  • 10
  • 12
  • 16
  • 5

In which Process is the Process Improvement Plan created?

Plan Quality Management

  • Develop PM Plan
  • Plan Process Management
  • Plan Quality Management
  • Plan Risk Management

Which is not a component of the PM Plan?

Requirements Traceability Matrix

  • Configuration Management Plan
  • Cost Management Plan
  • Scope Baseline
  • Requirements Traceability Matrix

When do you start writing the PM Plan?

Right after the Project Charter is approved

  • Right after the Project Charter is approved
  • As soon as you get the Statement of Work
  • After you Identify Stakeholders
  • When the sponsor pays the first bill

Which of the following is not a Project Document?

Scope Baseline

  • SOW
  • Stakeholder Register
  • Scope Baseline
  • Project Charter

Time and cost are irrelevant factors when using NPV to select a project.

True

  • True
  • False

Which is done first?

Develop Project Charter

  • Develop Project Charter
  • Identify Stakeholders
  • Develop PM Plan
  • Plan Configuration Management

Which is true about the Project Charter?

All statements are true of the Project Charter.

  • Contains high-level scope, time and cost info
  • Signed by the Sponsor and names the PM
  • Should not change and links the project to organizational strategy
  • All of the above

Which of the following would not trigger the need to do a project?

A higher NPV would not "trigger" a project, but it may be used to choose between which project to pursue.

  • Market demand
  • A higher NPV
  • Customer request
  • Ecological impact

What are the two financial measures where a lower number is preferable when choosing a project?

Payback Period and Opportunity Cost are preferable when lower.

  • ROI & BCR
  • Payback Period and Opportunity Cost
  • Opportunity Cost and NPV
  • IRR and Payback Period

What is the formula for ROI?

ROI = Initial Investment X 100

  • Net Profit/Initial Investment X 100
  • Cash Flow/(1+r)N
  • Benefit/Cost
  • Benefit/Cost X 100

The PM Plan is made up of:

The PM Plan is made up of the "outputs from other processes", which is called out as an input to the Develop PM Plan process.

  • Outputs from other processes
  • The collective wisdom of the project team
  • The ITTOs of other planning processes
  • The Project Charter plus Requirements Documentation

A Baseline is defined as:

The main metric against which to measure project performance

  • The original plan plus all validated changes
  • The main metric against which to measure project performance
  • The measurement of what is actually happening on a project
  • None of these

Which are outputs of Direct & Manage Project Work?

Outputs of Direct & Manage Project Work include Deliverables, WPD and Change Requests.

  • Deliverables and WPR
  • Change Requests and WPD
  • WPI and Change Requests
  • Deliverables and EEF

Every Monitoring & Controlling Process:

Every M&C process is used to identify Variances by comparing Planned and Actual inputs.

  • Occurs in the middle of the project
  • Is used to identify Lessons Learned
  • Uses WPR as an input
  • Must have a Planned and Actual type of input

What is key benefit of Monitor & Control Project Work?

M&C Project Work produces Work Performance Reports in order to be able to communicate project status to stakeholders.

  • To produce Deliverables
  • Process Change Requests
  • Create WPR to allow stakeholders to understand project status
  • To validate changes

When do you Perform Integrated Change Control?

PICC is performed whenever there are change requests to be considered.

  • During Executing as problems arise
  • Whenever change requests need to be considered
  • When the Sponsor directs
  • At the end of each phase

Which is not an output of Perform Integrated Change Control?

WPR is an output of Monitor & Control Project Work.

  • Change Log
  • Approved Change Requests
  • PM Plan Updates
  • WPR

What should trigger Close Project or Phase?

Close Project or Phase is triggered when all deliverables have been accepted during Validate Scope.

  • The Sponsor validates that the schedule is complete
  • Acceptance of all deliverables during Validate Scope
  • Validation of all deliverables during Control Quality
  • All contracts are closed out

Which is not true about Close Project or Phase?

Having happy stakeholders is certainly a project goal, but is not a requirement for closing out the project or phase.

  • Final Product, Service or Result Transition is the main output
  • Lessons Learned are archived
  • All stakeholder concerns are resolved
  • All procurement contracts must be closed first