PMP work book answers V3 2012 Chapter 01 Exercise 01: Question Answer i. Question Answer Procurement Management KA ii. Integration Management KA iii. Cost Management KA iv. HR Management KA v. Risk Management KA vi. Quality Management KA vii. HR Management KA viii. ix. Scope Management KA xi. Risk Management KA x. xii. Time Management KA Quality Management KA Procurement Management KA Exercise 02:. Knowledge Area Process Group 1. Time Planning 2. Scope Planning What Process Comes Before? Estimate Activity Durations What Process Comes After? Control Schedule Two inputs Two Tools and Techniques None Define Refer PMBOK page no 104 Refer PMBOK page no 131 scope 3. Communication 4. Cost 5. Risk 6. Procurement Monitoring & controlling Monitoring & controlling Monitoring & controlling Closing 7. Integration Execution 1 Manage stakeholder expectation Determine budget Plan risk responses None Refer PMBOK page no 244 None Refer PMBOK page no 167 None Refer PMBOK page no 274 Administer None procuremen t Develop Monitor project and control Refer PMBOK page no 314 Refer PMBOK page no 73 Two Outputs PMP work book answers V3 8. HR Executing 9. Quality Executing manageme nt plan Develop project tam Plan quality 2012 project work None Refer PMBOK page no 217 Quality Refer PMBOK page no 191 control Exercise 03: Process Knowledge Area Process Group 1 Identify stakeholder Communication Initiation 2 Quality assurance Quality Execution 3 Develop charter Integration Initiation 4 Identify risk Risk planning 5 Collect requirement Scope Planning 6 Conduct procurement Procurement execution 7 Cost control Cost Monitoring & controlling 8 Plan communication Communication Planning 9 Estimate activity resource Time Planning 10 Acquire project team HR Execution 11 Integrated change control Integration Monitoring & controlling Exercise 04: Indicate the statements given below refer to operations or projects. Question 1. 2. 3. 4. 2 Answer Project Project operation Project PMP work book answers V3 5. 6. operation Project Exercise 05: Question 1. 2. 3. 4. 5. 6. Answer Resource Cost Quality Time Risk Scope Exercise 06: Question 1. 2. 3. 4. 5. 6. 7. Answer Scope Cost Scope Time , cost Cost Resource Time ,Quality Exercise 07 Question 1. 2. 3. 4. 5. Answer Program Project Portfolio Project program Exercise 8: Question 1. 2. 3. 4. 5. 6. Answer Portfolio manager Project manager Project manager Portfolio manager Portfolio manager Project manager Exercise 09: 3 2012 PMP work book answers V3 Question 1. 2. 3. 4. 5. Answer Market demand Business need Customer request Technological advancement Legal requirement Exercise 10: Question 1. 2. 3. 4. 5. 6. Answer √ √ √ X x √ Exercise 11: Question Answer 1. Performance 2. Personal 3. Performance 4. Performance 5. Personal 6. Knowledge 7. Personal Exercise 12: Question 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 4 Answer Yes No Yes Yes No Yes No Yes Yes No Yes No 2012 PMP work book answers V3 Chapter 02 Ex01 Ex 02 Ex 03 Ex 04 5 2012 PMP work book answers V3 Ex 05 Ex 06 1. 2. 3. 4 5. 6. 7. 8 Ex 07 1. 2. 3. √ x √ x √ x x √ Ex 08 1 2 3 4 5 6 7 8 9 10 6 Sequential Overlapping Overlapping Ex 09 T T F T F T T F F T 1. Functional 2. Functional 3. Weak matrix 4. Projectized 5. Balanced matrix 6. Strong matrix 7. Functional 8. Balanced matrix 9. projectized 10. Strong matrix 2012 PMP work book answers V3 2012 Chapter 3 Exercise 01 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Exercise 02 1. 2. 3. 4. 5. 6. 7. 8 9. 10. Monitoring & Controlling Executing Planning Planning Monitoring & Controlling Initiating Monitoring & Controlling Initiating Monitoring & Controlling Planning Product Product Product Project Project Project Product Project Project Product 11. 12. 13. 14. 15. 16. 17. 18. 19. Monitoring & Controlling Initiating Planning Monitoring & Controlling Initiating Executing Monitoring & Controlling Closing Closing Exercise 03 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 7 Quality Management • Quality control • Quality assurance Scope Management • Control scope • Define scope • Create WBS Communication Management • Manage stakeholder • Plan communication • Identify stakeholder Time Management • Estimate activity duration Plan quality Indentify requirements Verify scope Distribute information Report performance Estimate activity resources Develop schedule PMP work book answers V3 17. 18. 19. 20. 21. 22. 23. 24. 25. • Sequence activities • Define activities • Monitor & control schedule Cost Management • Estimate cost • Control cost Human Resource Management • Acquire project team • Develop project team Integration Management • Integrated change control • Develop project management plan • . Develop Charter 26. 27. 28. Risk Management • Develop Risk response • Quantitative risk analysis 29. Procurement Management • Conduct procurement • Plan procurement 30. 31. 32 33 Chapter 04 – Project Integration Management Part I Exercise 01 1. 2. 3. 4. 5. 6. 8 Close project or phase Monitor and control Develop project charter Develop project management plan Integrated change control Direct and manage execution 2012 Cost budget Plan human resources Manage project team Direct and manage project execution Monitor and control project work Close project or phase Risk management planning Identify risks Qualitative risk analysis Monitor and control risk Administer procurement Close procurement PMP work book answers V3 Exercise 02 Refer PMBOK page no 73 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. √ √ X √ X √ √ √ X √ √ Exercise 03: Please refer PMBOK Guide 5th , page 65 Exercise 04 Concept 1. 2. 3. 4. 5. 6. Exercise 04 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 9 F T T F T T F T F F Factor SOW Mathematical method Expert judgment Business case charter Benefit measurement method 2012 PMP work book answers V3 Exercise 05 Project A 4 years Payback period Project B 3 Years Best project Exercise 06 NPV 20% 1 0.833 0.694 0.579 A ($35,000) $16,660 $10,410 $8,685 B ($45,000) $12,495 $6,940 $14,475 0.482 $4,820 $7,230 $5,575 ($3,860) Best Project Exercise 07 1. 2. 3. 4. 5. 6. √ X X √ √ X Chapter 04 – Project Integration Management Part II Project Integration Management – Part II 1. 2. 3. 4. 10 SOW, Business case, contract ,EEF,OPA PMBOK 4th Edition page 77 Business need, product scope description ,strategic plan To justify the project that it serves business purpose 2012 PMP work book answers V3 2012 5. Market demand, Organizational need, customer request, technological advance, legal requirement, ecological impact, social need 6. PMBOK 4th Edition page 82 7. Corrective action, preventive action, defect repair 8. Change control board 9. 4 years 10. 1,331,000Rs 11. 47,663.85Rs 12. Project A Chapter 05 – Project Scope Management Part I Exercise 01 Exercise 02 Project Product Product 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Project x 1. 2. 3. x x x 4. 5. 6. 7. x x x X x x x X x x X X x x Exercise 03 Exercise 04 Technique Document 1. 2. 3. 4. 5. Nominal group technique Delphi technique Plurality Participant observer Prototype Exercise 05 11 1. 2. 3. Requirement document Requirement traceability matrix Requirement management plan PMP work book answers V3 1. 2. 3. 4. Value engineering Value analyzing Product breakdown Alternative identification Chapter 05 – Project Scope Management Part II 1. PMBOK 4th edition 115 2. 1. 2. 3. 4. 5. Decomposition Control account Code of accounts identifier WBS dictionary Phases , deliverables , Sub projects 3. 1. 2. 3. 4. 5. Waste of resources OBS CWBS Charter Scope statement , WBS , WBS dictionary Chapter 6 - Project Time Management- Part I Exercise 01 1. 2. 3. 4. 5. 6. 7. 12 Activity on nodes method Activity on arrows method 2012 PMP work book answers V3 Exercise 02 Discretionary Mandatory External Mandatory Mandatory Discretionary Mandatory Discretionary Exercise 03 1. SS 2. FF 3. SF Exercise 04 1. 2. 3. 4. 5. 6. 7. Bottoms up Alternative analysis Published estimating data Parametric estimate 3 point estimate Analog estimate Expert judgment Exercise 05 1. 2. 3. 4. 5. 6. 03 DEFG 21 days 7 days A,B,C = 7, D,H,I = 7 Critical path doubles Exercise 06 1. 2. 3. 4. 13 True False True True Estimate activity resource Estimate activity resource Estimate activity resource Estimate activity duration Estimate activity duration Estimate activity duration Estimate activity duration 2012 PMP work book answers V3 5. 2012 False Chapter 6 - Project Time Management- Part II 1. Rolling wave planning 2. Uses FS relationship , use dummy activities , arrow represent activities, Critical path can run over a dummy 3. External dependency 4. Lag 5. Law ofdiminishing return 6. Alternative identification 7. Published estimating data 8. Resource break down structure 9. Parametric 10. Three point 11. Student syndrome 12. Total float calculation 13. Critical chain project management 14. Develop project management plan 15. AOA, AON, GERT 16. ES-EF 17. Initial stages of the project , urgencies , 18. When there is an uncertainty 19. No sufficient information to crash 20. Summary activities that represent several activities 21. Milestone chart , Bar chart, Network diagram 22. Start ,A,B,G,Finish 23. Total time taken to complete an activity (clock time) 24. 50/50, 0/100, 80/20 25. Schedule adjusted for resource constraints 26. 12-18 days 27. Duration - 3 Float- 16 14 PMP work book answers V3 Chapter 7 Project Cost Management – Part I Activity 1 1. Bottoms up 2. Three point 3. Analogues 4. Parametric 5. Expert judgment Activity 2 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 15 100 mil 75 mil 70 mil 78 mil -5 mil 0.897 EV/PV EV/AC BAC/CPI EAC-AC BAC-EAC BAC-CV/EAC-AC 2012 PMP work book answers V3 Project Cost Management – Part II 1. 2. 3. 4. 5. 6. Cost management planning Sunk cost Three point KU- Contingency , UU-Management reserve Project management planning process Variable cost 7. To measure progress and report to senior management 8. Analogues –less accurate, less expensive ,quick to create Bottom up –accurate,costly, time consuming 16 2012
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