The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting that the project you're managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It's too late to go back and correct her mistake, and stockholders are expecting implementation by the announced date. You must speed up the delivery date of this project. Your primary constraint before this occurred was the budget. What actions can you take to help speed up the project? A. Hire more resources to get the work completed faster. B. Ask for more money so that you can contract out one of the phases you had planned to do with in-house resources. C. Utilize negotiation and influencing skills to convince the project sponsor to speak with the CEO and make a correction to her announcement. D. Examine the project plan to see if there are any phases that can be fast tracked, and then revise the project plan to reflect the compression of the schedule.

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You are a project manager for Uncle Sam's Flag Company. Your company has designed a new line of products featuring the American flag. Due to some unique circumstances, the products are in hot demand and the project sponsor has asked you to do whatever it takes to get this project completed early and make the products available. You are to add resources to the project. The sponsor agrees to pay the additional costs since time is now a critical factor. Which technique have you used? A. Crashing B. Resource leveling C. Fast tracking D. Resource loading

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During the opening rounds of contract negotiation, the other party uses a fait accompli lactic. Which of the following is true? A. One party agrees to accept the offer of the other party but secretly knows they will bring the issue hack up at a later time. B. One party claims the issue under discussion was documented and accepted as part of Scope Verification. C. One party claims the issue under discussion has already been decided and can't be changed. D. One party claims to accept the offer of the other party provided a contract change request is submitted describing the offer in detail.

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You are a project manager working on contract with a company in a foreign country. At the project kick-off meeting, you are given an expensive-looking gift. The person who presented this to you said that it is customary in their country to give their business partners gifts. What is the most appropriate response? A. Thank them and decline. Explain that this is considered personal gain, which is unacceptable in your country. B. Thank them and accept. You don't believe there is a conflict of interest or an integrity issue at stake. C. Thank them and decline. Explain that this is considered a conflict of interest, which is unacceptable in your country. D. Thank them and accept since you know that it would be considered offensive to decline the gift in their culture. Immediately report the acceptance of the gift to the appropriate parties at your company so that your actions are not called into question later.

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Obtaining formal project plan approval and sign-off is important for all of the following reasons except: A. Stakeholders are able to recommend a project Planning methodology to follow throughout the remaining process groups. B. Stakeholders are aware of the project details, which make them more likely to participate in future project decisions. C. Stakeholders will be more likely to cooperate. D. Stakeholders are aware of the specific details regarding project schedules, budgets, and risks.

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You are a project manager for Laredo Pioneer’s Traveling Rodeo Show. You're heading up a project to promote a new line of souvenirs to be sold at the shows. You're ready to write the scope statement, and you know it should contain which of the following? A. Project justification, benefit/cost analysis, project deliverables, and product analysis B. Product analysis, project product, and project deliverables C. Project justification, project product, project deliverables, and project objectives D. Product analysis, project deliverables, benefit/cost analysis, and project objectives

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Your company, Kick That Ball Sports, has appointed you project manager for their new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product line involves three new products, some with multiple deliverables. You are ready to create the WBS. Which of the following is true? A. The WBS should include the three new products and the advertising campaign as level two deliverables. B. The WBS should include the three new products as level two deliverables. C. The WBS should include the three new products as level two deliverables and the advertising campaign as a level three deliverable. D. The WBS should include the three new products and the advertising campaign as level three deliverables.

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Which of the following is constraint chat you might find during the Organizational Planning process? A. Organizational structure, expected staff assignments, collective bargaining agreements, and project management team preferences B. Organizational structure, organizational interfaces, technical interfaces, and interpersonal interfaces C. Organizational interfaces, expected staff assignments, collective bargaining agreements, and project management team preferences D. Organizational interfaces, technical interfaces, and interpersonal interfaces

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You are a project manager for Fountain of Youth Spring Water bottlers. You are installing a new accounting system and have identified several problems and their causes. You decide to use which of the following to identify the variables that will have the greatest effect on project outcomes? A. Design of experiments B. Bench marking C. Benefit/cost analysis D. Flow charting

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You are a project manager for Candy Works candy factory. Your project involves reporting information from the newly installed candy-counting machine to the financial system. This will give executives the ability to see production run counts at any time during the day. You need to purchase　an expensive piece of hardware as part of this project. One of the vendors bidding on the project is a close friend. In order to win the bid, she needs to know how much money the company is willing to spend on the equipment and consulting. Your friend asks you to give her this confidential information and not tell anyone you did. Which of the following is the most appropriate response? A. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Code of Professional Conduct and this would violate the code as it's a conflict of interest. B. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Code of Professional Conduct and this would violate the code as it’s a personal gain. C. Tell your friend that as a PMP, you're required to abide by the Project Management Professional Standards and Ethics Code and this would violate the code as it’s a conflict of interest. D. Tell your friend that as a PMP, you’re required to abide by the Project Management Professional Standards and Ethics Code and this would violate the code as it’s an ethics violation.

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You have been asked to submit a proposal for a project that has been put out for bid. Prior to submitting the proposal, your company must register so that their firm is on the qualified seller list. Which of the following is true? A. The qualified seller list provides information about the sellers and is a tool and technique of the Solicitation process. B. The qualified seller list provides information about the project and the company that wrote the RFP and is an input to the Solicitation process. C. The qualified seller list provides information about the project and the company that wrote the RFP and is a tool and technique of the Source Selection process. D. The qualified seller list provides information about the sellers and is an input to the Solicitation process.

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You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the expected value, or weighted average? A. 54 B. 66 C. 60 D. 30

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