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Q:

George is very open with his team members. He invites questions and discussion, and encourages new suggestions and ideas. He considers all this carefully before making any but the most minor project decisions, but ultimately chooses the course he personally believes is the right one. His leadership style is best characterized as

A) Democratic B) Consultative
C) Participative D) Benevolent
 
Answer & Explanation Answer: C) Participative

Explanation:

The Participative leadership style is characterized by 1) allowing a great deal of freedom in identifying problems and solutions, 2) working closely with subordinates, 3) allows extensive participation, but 4) reserving to him/herself the final decision. The consultative style is not so open, with discussion more focused around the leader’s uncertainties than asking for new ideas.

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Q:

Assuming that the phases in a project are concept, development, implementation and termination, which phase typically has the highest degree of uncertainty?

A) Concept B) Development
C) Implementation D) Termination
 
Answer & Explanation Answer: A) Concept

Explanation:

The first phase in a project always has the greatest degree of uncertainty because at this point in time the product is the least well defined. PMBOK, See figure 2-2. [2.1.1]

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Q:

Activities done repeatedly over time will become more efficient, increase in quality and will be found to be less demanding by the performing people. This is known as the

A) Learning Curve Theory. B) Continuous Improvement Theory.
C) Six-sigma Theory. D) Homeostasis Theory.
 
Answer & Explanation Answer: A) Learning Curve Theory.

Explanation:

Answers B and C belong to quality management, and answer D was formulated by Elizabeth Duffy and suggested that we all try to adjust our lives so that we have a dynamic balance (homeostasis) between challenge and relaxation. Kerstner, Chapter 18

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Q:

The schedule performance index (SPI) is calculated as

A) Planned Value (PV) divided by Earned Value (EV) B) Earned Value(EV) divided by Planned Value (PV)
C) Project duration divided by Earned Value divided by Planned Value (Duration/(EV/PV)) D) Earned Value (EV) minus Planned Value (PV)
 
Answer & Explanation Answer: B) Earned Value(EV) divided by Planned Value (PV)

Explanation:

Answer A is reversed. Answer C is sometimes mistakenly used to forecast project completion (it’s invalid because it does not take into consideration which completed tasks are on the critical path). Answer D is the definition of Schedule Variance. 

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Q:

The procurement documents to be used, the supplier management processes and the types of contracts that will be used are to be found in which document?

A) Solicitation management plan. B) Contracting management plan.
C) Organizational policies. D) Procurement management plan.
 
Answer & Explanation Answer: D) Procurement management plan.

Explanation:

Key elements in the procurement management plan are enumerated in this PMBOK section. [12.1.3.1]

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Q:

Integration is primarily concerned with

A) ensuring that the time, scope and cost baselines are consistent with an acceptable quality standard and with the customer’s expectations. B) getting people working together effectively toward common project goals through appropriate training, management and leadership.
C) effectively integrating the processes among the project management process groups that are required to accomplish project objectives with an organization’s defined procedures. D) ensuring that all the tools and techniques of the various planning processes are appropriately scaled to the complexity and risk exposure of the project.
 
Answer & Explanation Answer: C) effectively integrating the processes among the project management process groups that are required to accomplish project objectives with an organization’s defined procedures.

Explanation:

Answers A, B and D all result from effectively integrating the work of the project management process groups. PMBOK [4.0]

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Q:

Three partners shared the profit in a business in the ratio 4:6:8. They had partnered for 12 months, 8 months and 6 months respectively. What was the ratio of their investments?

A) 4:6:8 B) 4:7:8
C) 4:8:16 D) 4:9:16
 
Answer & Explanation Answer: D) 4:9:16

Explanation:

Let their investments be Rs. x for 12 months, Rs. y for 8 months and Rs. z for 6 months respectively.

Then, 12x : 8y : 6z = 4 : 6 : 8

Now, 12x/8y = 4/6   <=>   9x=4y   <=>   y=9x/4

And, 12x/6z = 4/8   <=>   4x=z     <=>    z=4x

Therefore, x : y: z  =  x : 9x/4: 4x  =  4 : 9 : 16

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Q:

A statistical method for identifying which factors may influence specific variables of a product or process under development or in production is called

A) cost benefit analysis. B) sensitivity analysis.
C) cost of quality analysis. D) design of experiments.
 
Answer & Explanation Answer: D) design of experiments.

Explanation:
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