MANAGEMENT EXAM
Which of the following risks would be considered high probability
and low severity?
Copy machine runs out of paper
A project manager and her team do a make/buy analysis and
determine that even though they have the expertise in-house to build
a new security system for the company's warehouse, they will
outsource the project to a vendor. The vendor has an existing
product with full technical support provided in the contract. What
type of risk response is this?
Transfer
Which of the following tools would be used to analyze all activities
and tasks in a project and determine the positive and negative risks
associated with each?
Risk Breakdown Structure
A three-year project to design and build a large conference center
has been approved. What type of budget would be used?
Calendarized
After the work breakdown structure for a custom construction
project is developed, the project manager asks each team member
how long they expect their tasks will take. What type of estimation
method is being used?
Bottom - up
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, WGU C722 PROJECT LATEST
MANAGEMENT EXAM
A publisher is putting together a holiday catalog for a toy
manufacturer. They know from previous projects that the costs are
fairly consistent based on the number of items to be included in the
catalog.Approximately 25% of the costs are associated with graphic
design and layout. 20% of the costs come from labor hours meeting
with the client. 30% come from editors, proofreaders, and other
quality assurance staff. 15% is charged to paper, ink, and printing.
10% pays for postage and shipping. What type of estimation method
is being used?
Apportion
A project manager receives three estimates from the project team
for the amount of time it will take to replace the flooring in a
renovation project, depending on how much damage they find while
doing their demolition work. The pessimistic estimate is 18 days.
The optimistic estimate is 8 days. The most likely estimate is 10
days. What is the beta distribution estimate for this task?
11 days
An IT director has some extra money in the budget and wants to do
some early upgrades to some of the company's production systems.
The IT department is appropriately staffed, with many experienced
personnel who have worked on putting in place the majority of the
existing systems used by the company. What type of duration
estimation approach would be used?
Deterministic
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, WGU C722 PROJECT LATEST
MANAGEMENT EXAM
In which case is a one-point duration estimate likely to be the most
accurate choice?
An experienced consultant working on a routine project
A project manager receives three estimates from the project team
for the amount of time it will take to replace the flooring in a
renovation project, depending on how much damage they find while
doing their demolition work. The pessimistic estimate is 18 days.
The optimistic estimate is 8 days. The most likely estimate is 10
days. What is the triangular distribution estimate for this task?
12 days
Which of the following precedence relationships is the most
common?
Finish to start
The following high-level WBS was created by an event planner to
establish the timeline for her project team to prepare for an
upcoming business reception. Which Gantt chart matches the WBS
in the table?
B
A project is being proposed to restructure a manufacturing
company's assembly line to streamline processes per the request of
the quality staff. The following high-level WBS was created by the
project manager as part of the project charter to help management
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, WGU C722 PROJECT LATEST
MANAGEMENT EXAM
see the project timeline before the detailed WBS is developed.
Which network diagram matches the table?
A
The following high-level WBS was created by an event planner to
establish the timeline for her project team to prepare for an
upcoming business reception.What is the critical path?
2.0 → 4.0 → 5.0
A project to translate existing training materials for an international
subsidiary has been planned, and the following network diagram
has been submitted. How long will the project take based on the
critical path?
88 days
A small-scale pilot is testing the efficiency of several available
technologies for a large upcoming hydroelectric project. Due to a
federal grant program ending, the PM is asked to complete the pilot
ahead of schedule so the large project can begin before the deadline.
If the team tests the technologies in parallel instead of sequentially
as planned, what schedule compression technique is being used?
Fast Tracking
A project to translate existing training materials for an international
subsidiary has been planned, and the following network diagram
has been submitted. Which task has the largest amount of slack?
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