(PHEO) - Objective Assessment Study Guide.
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Ace 2026-2027.… Includes Frequently
Tested Questions With ELABORATED
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1. A project team is gathered together to begin the planning process for a
large office building. It is discussing estimates of each activity in the
schedule. For all of the plumbing-related work, the team will use the
information obtained from the plumber-in-residence in its organization.
What estimating technique will be used?
a) Parametric
b) Top-down
c) One-point
d) Three-point
- ANSWER One-point
2. A general contractor from Germany is managing a construction project in
Norway that will add a new conference room to an existing office building.
, The project needs to collect requirements from the client prior to
developing plans to build the new conference room.
Which two actions would prove useful to plan the project's quality?
a) Defining traceable and verifiable requirements that can be validated at
project closure
b) Establishing metrics that describe what to measure and how to measure it
c) Using inventory to protect against defects during project implementation
d) Changing the work plan to account for the project experiencing common
variation
e) Using slogans and numerical quotas to exhort resources to work harder
- ANSWER (1) Defining traceable and verifiable requirements that can be
validated at project closure (2) Establishing metrics that describe what to measure
and how to measure it
3. A general contractor is managing a construction project that will add a
new conference room to an existing office building. The project was
documented in a fixed-price contract that specified a completion date.
The contract includes a damages clause imposing a late completion
penalty if the conference room is not ready for use by the due date. One
month into the implementation, the customer wants to modify the room's
lighting equipment. The requested change will delay the project's critical
path by three months.
Which process should be used to maintain the existing baseline?
a) Using a change management system to influence performance
b) Absorbing the change request in the baselines for time and cost
c) Focusing on the original scope
d) Using the risk management system to process change requests
- ANSWER Using a change management system to influence performance
, 4. What is the purpose of the cost performance index (CPI)?
a) To measure a project’s labor costs
b) To measure a project’s cost effectiveness
c) To measure a project’s cost efficiency
d) To measure a project’s actual costs
- ANSWER To measure a project's cost efficiency
5. What is the purpose of the schedule performance index (SPI)?
a) To determine a project’s budgeted schedule
b) To determine the ratio between planned value and actual cost
c) To determine a project’s time efficiency
d) To determine the ratio between cost variance and schedule variance
- ANSWER To determine a project's time efficiency
6. What is the purpose of cost variance (CV) analysis?
a) To determine if a project is meeting efficiency expectations
b) To determine if a project is meeting schedule expectations
c) To determine if a project is meeting budget expectations
d) To determine if a project is meeting price and time expectations
- ANSWER To determine if a project is meeting budget expectations
7. What is the name for the closing task where all project activities are
reviewed to determine what went right and what went wrong?
a) Closeout review
b) Lessons learned review
c) Client deliverables review
d) Project manager review
- ANSWER Lessons learned review
, 8. What is another name for the lessons learned review that is often used by the
military and other uniformed services?
a) Rules of engagement
b) Activity report
c) Protocol assessment
d) After action report
- ANSWER After action report
9. The customer of a project validates that scope has been completed for the
second of three segments of the project.
Which closure practice does this describe?
a) Iteration completion
b) Phase completion
c) Deliverable completion
d) Stage completion
Stage completion
10. The customer of a project validates that the project scope has been
completed, all invoices have been paid, and the expected benefits have been
realized.
Which closure practice does this describe?
a) Iteration completion
b) Phase completion
c) Deliverable completion
d) Stage completion
- ANSWER Deliverable completion
11. What is the critical path of this network diagram?
a) - 2.0 - 3.0 - 4.0 - 5.0 - 6.0
b) - 2.0 - 5.0 - 6.0