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PROJECT RISK MANAGEMENT EXAM

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PROJECT RISK MANAGEMENT EXAM

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PROJECT RISK MANAGEMENT EXAM / PJM 6015 FINAL
LATEST ACTUAL EXAM REAL QUESTIONS AND CORRECT
DETAILED ANSWERS (CORRECT VERIFIED ANSWERS)
LATEST UPDATED VERSION |ALREADY GRADED A+
(BRAND NEW!!)
Which is an attribute of a project? - ANSWER: Projects are finite.

Which work activities should be treated as a project? - ANSWER: Relocating whole
departments within the same building.

Which is true of facility management (FM) organization projects? - ANSWER: Projects
can be initiated to address the results of programming.

Which is an example of the application of sound management techniques by a
project manager? - ANSWER: they break down a task further if it remains at the
same percent completion despite reported progress.

What does a project manager need to be successful? - ANSWER: Ability to hire,
discipline, and terminate project team members

Which is an advantage to using a standardized project management model? -
ANSWER: The model is a framework that project managers can adapt to project
specifics.

In the project model, what do outputs from the Plan phase become? - ANSWER:
inputs to the Do phase.

Which PMBOK Process Groups involves establishing the scope of the project and
defining the course of action? - ANSWER: Planning

An FM organization's policy specifies use of a predefined project management
process. What is a typical feature of such a process? - ANSWER: It lists specific
persons from whom to seek approvals.

A project has a long payback period. To what should the project be linked to increase
the chances the project will be approved? - ANSWER: Strategic facility plans

What should a facility management contractor get from its customer to initiate a
project? - ANSWER: Scope/statement of work

Which is set by policy at the start of a project? - ANSWER: Estimating

What constraint addresses sensitivity to organizational politics and influences how
projects are identified and prioritized? - ANSWER: Organizational culture

, Which source provides information about the facility and its components as they
exist prior to a new project? - ANSWER: Archived project data

What should project managers do at the start of a project to increase the chance of
success? - ANSWER: assure there is a shared understanding of the end purpose of a
project.

Which is true of the steps involved in defining project success? - ANSWER: Specifying
nonessential parameters is as important as specifying essential ones.

When defining project success, after the business need is defined, what could be
used in the next step of the process? - ANSWER: Statement of requirements

Which documents includes details such as adjacency diagrams, space standards, and
information on current and future staffing count for business units? - ANSWER:
Statement of requirements

The tradeoffs made in the project triangle are part of which SMART (specific,
measurable, achievable, relevant, time-bound) element? - ANSWER: Relevant

Which statement is true of programming? - ANSWER: It makes projections similar to
forecasting but is more focused than forecasting.

In what document is the project manager formally listed? - ANSWER: Project charter

Which statement about project objectives is true? - ANSWER: Schedule
documentation only includes milestones for hard delivery dates.

An organization gathers data on occupant space requirements, desired location, and
desired cost per square meter (square foot). What other factors should be
considered when creating site selection criteria? - ANSWER: Desired floor
plan/stacking plan and desired amenities

Which statement is true about the design/engineering and acquiring space tasks? -
ANSWER: The final step in a building evaluation is usually generation of a test fit.

Which statement reflects good practice when it comes to managing project
communications? - ANSWER: Kickoff meetings are held each time persons join the
project team.

A performance bond is what type of risk response? - ANSWER: Transfer

In what contract model does the owner act as the general contractor? - ANSWER:
Multiple prime contracts

Connected book
 image
Peter J. Edwards, Paulo Vaz Serra, Michael Edwards Managing Project Risks
Publisher: 2019 ISBN: 9781119489733 Edition: Unknown

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