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An external event such as a change in government regulation. It is the point in time during the execution phase of the project where the stakeholders or the sponsor review the progress and decide on whether to continue or kill the project.. Questions about Our classes, Online Classes, Webinars, Booking, Payment etc. (29) ___________ must be measured regularly to identify variances from the plan. A temporary endeavor undertaken to create a unique product or In examination you will get each question one by one on computer screen, (1) A business case, which helps to determine whether a project is worth the investment, is created on the basis of the following except for. You will, Hint: Impact of every change must be assessed and should go through change control. Privacy Statement - Hint: Inflation rate is known and predictablen. Even we have taken full care to give correct answers for all the questions but it is recommended to verify these answers. Initiating, planning, executing, monitoring, and closing, Designing, developing, testing, and implementing, Initiating, designing, planning, executing, controlling, and closing, Initiating, planning, executing, monitoring and controlling, and closing, Setup project team and announce the PM assignment, Self actualization; self promotion; social; security and physiological needs, Self esteem; self actualization; social; security and physiological, Self actualization; self esteem; social; security and physiological, Self fulfillment; self esteem; social; security and physiological. (2) You are in charge of developing a new product for an organization. This means that every time you visit this website you will need to enable or disable cookies again. (33) Which of the following statements concerning contract type is correct? (3) The two closing procedures are called: Hint: PMBOK 5, Page 61, Table 3-1 Closing Process Group. 41. If anyone would like some 1/1 time with me, just post. Phase exits, Phase gates, Decision gates, Stage gates, and Kill points represents the same meaning. Process Groups are same as Project Phases, Each Process Group has a mapped Project Phase, Monitoring and Control Process Group applies only in monitoring and control phase. (24) Which of the following is correct order for stages in Tuckman ladder? Hint: The team members report to multiple managers in matrix organizations. ankurjig Contributor. Your customer met you and requested that he will not accept the product unless you make several changes. A fixed price contract contains the most risk for the buyer. Senior Manager – Project Management-Applications. Please explain what is a "kill point" in the project management world. Difference Between Phase Gate, Stage Gate, Kill Point, Re: Difference Between Phase Gate, Stage Gate, Kill Point. Ensuring the receiver agrees with the message, Presenting the message in the most agreeable manner. Foaming, Steaming, Norming, Perfuming, Dispersing, Forming, Storming, Protecting, Norming, Adjourning, Forming, Storming, Norming, Performing, Adjourning, Framing, Storming, Norming, Protecting, Adjourning, Staff recruitment, project staff planning and team building, Plan HRM, Acquire Project Team and Develop Project Team, Staff acquisition, staff training, staff deployment. Difference between Known and Unknown Risks, PMP | CAPM | Certification Tips | Exam Prep | PDUs | Study Material. (13) Which of the following could be an appropriate WBS code for a work package at the fourth level in a WBS where the top level code is 1.0? Hint: Both B and C follow the correct format. (30) A project kick off meeting is usually conducted to: Hint: A kick-off meeting gets the project team onboard and announces the manager. I obtained my PMP Certification in 2005 and love to mentor others in the Project Management discipline. What are Kill Points in project management? Hint: PMBOK 5, Page 553, See PERT definition, Hint: Change requests are made to ensure that the planned outcome of the project is achieved, Hint: PMBOK 5, Page 553, See Project Management Plan definition. This is a PM Technique in which the project is divided into stages (or phases) separated by gates. Your quality metrics are based on the 80th percentile of each of the last three products developed. an. Phase exits, Phase gates, Decision gates, Stage gates, and Kill points are one and the same. Note: Only a member of this blog may post a comment. All of the following are tools and techniques that may be used during this process: Hint: PMBOK 5, Page 61, Table 3-1 Develop Schedule: Tools & Techniques. A document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities. It is the point in time during the execution phase of the project where the stakeholders or the sponsor review the progress and decide on whether to continue or kill the project. Hint: PMBOK 5, Page 420, A1.3 Project Management Process Groups. About Donna Ritter – Certified PMP . (41) Which of the following methods is least likely to be used for explaining project planning guidelines to the team? ⑥ 한편, 단계 말 검토 또는 단계 검토는 단계 입구(phase entrance), 단계 출구(phase exit), 단계 관문(stage gate), 중단 지점(kill point) 등으로 불리기도 한다. What are Kill Points in Project Management? For effective contract administration, you should: Hint: PMBOK 5, Page 383, Sec 12.3.2.1 Contract Change Control System. All these terms are one and the same. (27) Which of the following is not a General management technique? The features and functions that are to be included in a product or service. performed by people; and constrained by limited resources. A document describing the organizational breakdown structure of the company. PMBOK 5, Page 41, Sec 2.4.2. Commmunity of professionals who are exploring project management learning and certifications , we have great resources on PMP , PMI-ACP , PMI-PBA and AgileCertifications. Replacement of the project manager or key project team members; changes in priorities by senior management; and contractual difficulties.. Changes in the relative importance of time, resources, or cost ; new knowledge about the deliverable; and technological uncertainty, Errors in the initial assessment of how to achieve the goal of the project; new information about the project deliverable; and a new mandate, Unavailability of resources promised by the functional managers; cost overruns; and changes in customer requirements, Determine how many resources are required to complete the project according to the project baseline, Adjust the schedule and cost baselines based on past performance, Obtain customer acceptance of project deliverables, Determine whether the project should continue to the next phase, Get the list of the changes and estimate all of them. (45) In which type of organization is team building likely to be most difficult? A narrative description of products or services to be supplied. Hint: A matrix organization is best for complex projects because of the mix of functional expertise and project management focus. Used in the planning phase to do " what if for the project. This is a PM Technique in which the project is divided into stages (or phases) separated by gates. Projects operating in agile environments where a high degree of uncertainty exists and where the scope is not yet fully defined, may not benefit from detailed cost calculations due to frequent changes. (12) A complex project will fit best in what type of organization? Cost reimbursable contracts offer sellers the highest profit potential. 0. votes. Hint: Withdrawal is a temporary solution that evades problem-solving as much as possible. (48) Which of the following statement is correct? (47) Which of the following are outputs from the Plan Communications Management process? Hint: A report gives information about what happened and doesn't talk about planning or give guidelines or directives. A typical factor would be: Hint: Refer to Herzberg's Two Factor Theory, (35) Your customer ask for a small change in the project, which was not budgeted in the project. (31) Which of the following is not an external-unpredictable risk? Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. In Project Management, Phase exits, kill points and stage gates are used for what purpose? Sit with the customer to review the product specs and tell him/her that you have completed the project. (7) How much time does the typical project manager spend communicating both formally and informally? Commmunity of professionals who are exploring project management learning and certifications , we have great resources on PMP , PMI-ACP , PMI-PBA and AgileCertifications, Users browsing this forum: No registered users and 3 guests, Exclusive forum for iZenBirdge PMP® clients. It is the point in time during the execution phase of the project where the stakeholders or the sponsor review the progress and decide on whether to continue or kill the project. Every day, thousands of new job vacancies are listed on the award-winning platform from the region's top employers. If the total cost is still within the baseline, you will do it, Estimate the costs and send this to your customer requesting contract modification, Ask the customer to file a change request. It meets all the product specs and is under planned costs. (5) Which of the following models of conflict resolution allows a cooling off period, but seldom resolves the issue in the long term? Register now (49) The sending or conveying of information from one place to another is the process of: Hint: PMBOK 5, Page 293, Sec 10.1.2.3 Communication Models. In term of schedule, this project is ahead. (50) The three major types of communication are: Critical Path Method, GERT, Resource Requirements, Resource Leveling Heuristics, Mathematical Analysis, Calendars, Schedule compression, Resource optimization techniques, Critical chain method, Team building A project manager facilitates communication, Assuring that the pieces of a project come together at the right time, Planning for contingencies that may occur throughout the life cycle of the project, The pieces of the project function as an integration unit, Provide for answers for upper levels of management, To apprise the project costs and cost trends of the project. Phase exits, Phase gates, Decision gates, Stage gates, and Kill points are one and the same. This exam is just to give you an idea of type of questions which may be asked in PMP Certification Exams. Hint: with and among all the stakeholders including sponsor, customers, vendors, project team, PMO and upper management. It is this point in time during the execution phase of the project that the stakeholders or the sponsor decide to kill the project (meaning the project no longer exists, and all work on that project should immediately stop). Hint: Project performance must be measured at regular intervals. asked 9 years ago by anonymous. Hint: Availability of funds is not a criterion for a business case. Top. to join your professional community. I have 30 years of experience as a Software Development Director and Project Manager. The kill point is the stage gate or phase review. (39) Your project is in the final test stage, the user acceptance test. (17)The unique identifiers assigned to each item of a WBS are often known collectively as: (18) The sender of a message is responsible for: Hint: The objective of communication is to ensure that the message is conveyed. (4) During the develop schedule process, the Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. What you should do is: Hint: All the change requests must be made formal. Assess the cost and schedule impact and tell them you will formalize the change request, Implement the contract change control system. Written and oral, and verbal and nonverbal. Refer to PMBOK5, last paragraph on page no.

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