Review Session
Tips n Tricks
and
Solved examples
Eng. Amal Ismail Soliman ,PMP
April 2016
Domain 1:
Initiation
Domain 2:
Planning
Domain 3:
Execution
13%
24%
31%
Domain 4:
Monitoring/
Controlling
25%
Task 6
Task 6
Task 7
Task 7
Task 2
Task 7
Task 13
Domain 5:
Closing
7%
Task 8
3
Key points
More emphasis on:
Question format:
Best Practice:
First you must interpret what topic the question is asking about, than
determine what knowledge and tools to apply.
Read 4 answers carefully before making your decision.
Practice being able to pick an answer from 2 appears similar and right
If you find 2 correct answers choose:
the first step that should be done or
the most correct one
Example 1:
*Being at the end of identifying Project Risks process, as a PM. you should
direct your team to use the technique of:
a-Probability & impact matrix
b-Sensitivity analysis
c-Expected monetary value
d-Strategies for negative risks
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Example 2:
*Risks should be identified during which Risk management process(es)?
a-Quantitative risk analysis and Identify risks
b-Identify risks and Monitor and Control risks
c-Qualitative risk analysis and Monitor and Control risks
d-Identify risks
Example 3:
*You Have defined scope , estimate activity resources and duration the next step is to :
a)
b)
c)
d)
Create WBS
Define Activity
Develop Schedule
Plan Cost Management
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PMI Concepts
Stakeholders (p.30-33) are involved in projects by assessing risks ,
team building and in communicating project information.
PMI addressed the importance of Stakeholder Management, and
getting them engaged in the decision-making process as early as
possible in the project.
Example:
Your project is well underway, and the project management plan as well as subsidiary
plans have been baselined and work is proceeding apace. A key project stakeholder
has just approached you with a problem: a major requirement was missed by the
business in the requirements gathering process and they want it inserted into the
project plan without having to go through the formal change request process. They
would consider it a huge favor if you did so and would be willing to reciprocate at
some later date. What should you do next?
a. Talk to the stakeholder's manager about the stakeholder's request for a breach
in the formal corporate change management process
b. Since the stakeholder has key resources on the project, it may pay off in the
long run to agree to the stakeholder's request
c. Perform an impact assessment on the requested change and submit to the CCB
for approval
d. Agree to the request only if the stakeholder is willing to remove a less
important feature of equal effort so as not to impact the costs or the timeline
on the project
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PMI Concepts
PM should assign Roles and Responsibilities to individuals from : attending
meetings to project works.(p.261)
The difference between the sponsor and the project manager role (p.32)
Understand your companys big picture: Project, Program and portfolio
management (p.8)
ALL changes flow through a change request and the Integrated Change Control
tools.(p.99)
Approved Change requests are processed by Manage and Control Project work
process to obtain deliverables
Deliverables are verified by the quality control team to get Verified deliverables
PMI Concepts
Assumption: A factor in the planning process that is considered to be
true, real or certain without proof or demonstration.
Constraint: A limiting factor that affects the execution of a project or
process(p. 529/ 532)
To reduce the length of the project (crashing), we need to know the critical
path of the project and the cost of reducing individual activity times.(p.181)
The critical chain approach removes excess safety time from individual
activities and creates a project buffer at the end of the critical path.
Difference between Project Buffer and feeding buffer (not on the critical
chain but feeding the critical chain)
(p. 178)
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PMI Concepts
Chart of Account: the financial numbering system of the organization used
to monitor project costs by category
Code of Account: the numbering system for providing unique identifiers
for all components of the WBS
Control Accounts: the management control points at which integration of:
scope, budget and schedule takes place and compared to EV
for performance measurement.
(p.533)
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Earned-Value Interpretation:
Performance Trends
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PMI Concepts
Quality should be checked before work package is completed.(slides)
19
20
Methods of Communications
21
Concern For
Mode
Result
Personal Goals
Relationships
Force
Win-Lose
High
Low
Smooth
Lose-Lose
Low
High
Withdraw
Lose-Lose
Low
Low
Compromise
Medium
Medium
Confrontation*
(Problem-Solving)
Win-Win
High
High
PMI Concept
Risks are identified throughout all project phases.
Non-critical risks should be documented. They should be revisited and
reviewed regularly in a watch list
Proactive solution that prevent the problem from happening in the future
is a prevention method.
Work-around refers to how to handle risks that have occurred but are not
part of risk response plan.
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25
Example:
*Based on historical data, the amount of overtime associated with the
design effort of a project is estimated at 100 hours with 0.4 probability,
200 hours with 0.4 probability, and 300 hours with 0.2 probability.
What is the expected value of the amount of overtime?
a.
b.
c.
d.
100 hours
160 hours
180 hours
260 hours
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27
Anti-Trap Techniques
Follow the PMI Processes, not the common sense scenarios that for ex:
save time.
Dont take the easy way out as ignoring a problem.
Act directly (confront the sooner the better) and say what you mean
(facts).
Any of the words evaluate, investigate, or assess should automatically
put that answer at the top of your list to evaluate.
Words like confront, problem solve, or deal with the situation directly,
are good hints that you may be on the right answer.
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Anti-Trap Techniques
Watch out of over data and made up terms to distract you from
the facts of the problem.
Study the Role of project Stakeholders
Expect several who should perform this activity type of Qs.
Understand difference between types of organizations (advantages
and disadvantages).
(p.22-26)
Use the tutorial (promo) and the skip options as needed.
Use a guessing strategy if you dont know the answer.
*Finally: Get used to the idea that there will be few ambiguous
questions.
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30
Solved Examples
31
A. Project A with a benefit cost ratio of .8, no project charter, and four
resources
B. Project B with a net present value of US $60,000, 12 resources, and
variable costs between US $1,000 and US $2,000 per month
C.
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2. Your project is proceeding according to schedule. You have just learned that
a new regulatory requirement will cause a change in one of the projects
performance specifications. To ensure that this change is incorporated into
the project plan, you should
A. call a meeting of the change control board
B. change the WBS, project schedule, and project plan to reflect the
new requirement
C.
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3. Given this portion of the network diagram to the right, whats the LF of
activity F?
A.
10
B.
11
C.
16
D.
17
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4. The project sponsor has approached you with a dilemma. The CEO
announced at the annual stakeholders meeting that project youre
managing will be completed by the end of this year. The problem is that
this is six months prior to the scheduled completion date. Its too late to go
back and correct her mistake, and stakeholders 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. Choose the best action from the options listed to 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.
D.
Examine the project plan to see whether there are any phases that
can fast tracked, and then revise the project plan to reflect the
compression of the schedule.
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5. Based on the following table, which path listed below represents the
least schedule risk?
A. Start-A-B-C-I- Finish
Task
Dependency
Duration
B. Start-A-B-H-I-Finish
Start
None
Start
Start
Start
B,E
C,G,H
Finish
C.
Start- D-E-H-I-Finish
D. Start- F-G-I-Finish
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Pre-assignment
D. Ground rules
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7. The project is completed and the final deliverable has been sent to the
customer, but the customer refuses to give final acceptance on the
project. It is most important for the project manager to:
A. Inform management of the situation.
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8. You are trying to determine what cost and schedule trade-off will be most
appropriate for your project. You have the option to select either a
more experienced person at $ 120 per hour who can do the task in 45
days or a less experienced person at $ 80 per hour who can do the same
task in 65 days. A tool you can use to facilitate making the decision is:
A. Cost of Quality
B. Cause-and-effect diagram
C. Design of Experiments
D. Network diagrams
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9. You are in charge of a project developing a complex product that does not
resemble anything your organization has done previously. You are using
a resource to develop this product that is in high demand elsewhere in
your organization. The project's timeframe is very aggressive. In order to
meet the schedule, only a limited amount of testing is done. Once the
testing is completed, the resource is released. The product works fine
when being tested, but in production, it performs badly. This results in a
substantial amount of rework and extra costs to reacquire the resource
on an overtime basis. Which of the following best describes why this
project had problem?
A. Poor quality management
B. Poor reporting
C. Poor risk management planning
D. Poor resource management
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10. One of the following is the subdivision of project deliverables into smaller,
more manageable components. The final product categorizes project
deliverables at the work package level.
A. Base lining
B. Critical path mapping
C. Decomposition
D. Resource leveling
11. Which is not an example of cost of quality?
A.
B.
C.
The cost of training your team on techniques that will help them
avoid defects
D.
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12. In scope control it is important to determine and analyze the cause of any
unacceptable variance relative to the scope baseline. This can be done
throughA.
B.
Control charts
C.
Inspections
D.
13. Your project manager has requested that you provide him with a forecast
of project costs for the next 12 months. He needs this information to
determine if the budget should be increased or decreased on this major
construction project. In addition to the usual information sources, which
of the following should you also consider?
A.
B.
WBS
C.
Project schedule
D.
14. In order to shorten the project duration, you want to look at fast
tracking the project. Based on the table, which task(s) would you
consider fast tracking?
A. B or E
B. C or F
C.
D. D or I
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15. A project manager has finished the project. He knows that all the scope
has been completed and is within cost and time objectives set by
management. Management, however, says that the project is a failure,
because the original schedule was for 27 weeks and the project was
completed in 33 weeks. If the project baseline was 33 weeks, the project
is a success because:
A. It only had six weeks of changes.
B. It was completed within the baseline.
C.
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16. The project you are currently managing is highly similar to one you worked
on for a different customer six months ago. On the previous project, you
performed a detailed feasibility study that would save two calendar months
if you could use it on this project. You signed a nondisclosure agreement with
the previous customer. What is the best course of action in this situation?
A.
B.
C.
Use the feasibility study from the first project, since such
nondisclosure agreements are not legally enforceable
D.
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17. Assume that your actual costs are $1,000; your planned value is $1,200;
and your earned value is $1,500. Based on these data, what can be
determined regarding your schedule variance?
a. At $300, the physical progress is being accomplished at a slower rate
than is planned, indicating an unfavorable situation.
b. At +$300, the situation is favorable, as physical progress is being
accomplished ahead of your plan.
c. At +$500, the situation is favorable, as physical progress is being
accomplished at a lower cost than was forecasted.
d. At $300, you have a behind-schedule condition, and your critical path
has slipped.
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Ishikawa Diagrams
D. Inspection
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20. During the sixth monthly update on a ten-month, $300,000 project, analysis
of the earned value management data shows that the cumulative PV is
$190,000, the cumulative AC is $120,000, and the cumulative EV is $150,000. In
planning its action, the project management team can conclude all of the
following from these measures except:
A. Less has been accomplished than was planned.
B. Less has been spent than planned.
C. Continuing performance at the same efficiency with no management
intervention, the project will probably be completed behind schedule and
under budget.
D. Continuing performance at the same efficiency with no management
intervention, the project will probably be completed ahead of schedule and
over budget.
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