Project+ - D394 Exam Questions Well Answered Latest Update

Project+ - D394 Exam Questions Well Answered Latest Update Describe points of escalation as noted in the risk response plan. - Answers Describes the people who should be notified when risk events occur and the order in which they should be notified. The project manager is almost always the first point of escalation. What types of activities are the responsibility of the SMEs? - Answers They contribute expertise to the project, work on deliverables according to the project schedule, estimate task durations, estimate costs, and provide dependencies. Real‐time surveys and polling tools - Answers What tool can use in a meeting to obtain feedback from the participants? Define a portfolio. - Answers A collection of programs, projects, and subportfolios that support the strategic goals of the portfolio and/or the organization. Projects and programs within the portfolio are not necessarily related to one another. Describe a backlog refinement meeting. - Answers Occurs mid‐way during the iteration and provides the team with an opportunity to review user stories for the upcoming iteration. This review also examines user stories from the perspective of the entire project. Describe the business analyst role. - Answers They are responsible for gathering and documenting requirements for the project and facilitating the implementation of the requirements into the final product or result of the project. Three common causes of variance. - Answers Random variances, known or predictable variances, and variances always present in the process What is one of the key principles in the Agile Manifesto? - Answers Focus on the value to the customer. Describe a phase gate review. - Answers Occurs at predetermined points in the project such as at the end of each project phase (Initiating, Planning, or Executing), or once certain milestones or deliverables are achieved. Name the PMI standard that documents the de facto standards in project management. - Answers The PMBOK® Guide What is current state vs. future state? - Answers This is a performance analysis technique that examines projects and their potential impacts to the organization. The current state is examined and documented. The future state should how the benefits and improvement the project will have on the organization and documents the state the organization wants to be when the project is complete. What two things does the project sponsor put into motion at the signing of the project charter? - Answers Authorizes the project to begin and authorizes the use of resources What is unstructured data? - Answers Data that does not adhere to a data model. It doesn't have identifiable rules or structure and isn't easily stored or processed. Define crashing. - Answers A project duration compression technique that weighs cost and schedule trade‐offs When should you consider using a hybrid development methodology? - Answers Use this approach when the team is new to agile, when there is uncertainty or complexity, or when there are uncertain risks about the project requirements. What type of requirement describes a behavior, specification, quantity, or color? - Answers Functional What funding allocation is an amount of money set aside to deal with the cost of possible adverse events? - Answers Contingency reserve What is a user story? - Answers Documents the functionality or requirements for the program and actors who will benefit from this requirement. They are written from the perspective of the customer. Describe buffers as they relate to project schedules. - Answers Also known as contingency reserves, are used at milestone dates on the project schedule to add a certain amount of non‐work‐related time to account for risk or unforeseen events. Name several steps involved in the Closing phase. - Answers Verification and validation, formal sign‐off, transition plans, removing access, releasing project resources, closing out contracts, archiving documents, conducting lessons learned, holding a project closure meeting, writing the project closeout report, celebrating, and kicking off the warranty period Describe unit testing. - Answers Tests performed on individual modules or units of code Scatter diagram - Answers This chart plots two numerical variables to determine if there is a correlation between the data points. Who is ultimately responsible for the project's outcome? - Answers The project manager Name three important purposes for the project kickoff meeting. - Answers To provide a project overview, to review stakeholder expectations, and to review roles and responsibilities What are some examples of collaboration tools you can use for project communications? - Answers Multi‐authoring and editing software, file sharing platforms, workflow and e‐signature platforms, whiteboards, and a wiki knowledge base Name the three types of schedule formats used on most projects. - Answers Gantt charts, PERT charts (a type of network diagram), and milestone charts Describe pair programming and the agile methodology it's associated with. - Answers A technique in the extreme programming (XP) methodology. It involves two developers sitting together at the same computer to write code. This improves quality of the code and may increase the speed at which code can be delivered. What are the benefits of combining agile technologies? - Answers This will increase the effectiveness of the team and create a synergy that will exceed what any individual team member can contribute on their own.