Email Id : support@uopehelp.com

Blog

PM 586 Final Exam Question With Answers

PM 586 Final Exam Question With Answers

 

1. In a strong matrix structure, employees take daily direction from:

  • Project manager only
  • Both, but the project manager has greater influence
  • Both, but the functional manager has greater influence
  • Functional manager only

 

2. If the schedule variance is positive and the cost variance is negative, the project’s status is:

  • Over budget and behind schedule
  • Under budget and ahead of schedule
  • Over budget and ahead of schedule
  • Under budget and behind schedule

 

3. Which category of projects would involve a large number of functional units where the workers may be assigned either part-time or full-time?

  • Special
  • Individual
  • Staff
  • Matrixed

 

4. Which type of chart provides the least “predictive” value?

  • PDM
  • ADM
  • PERT
  • Bar chart

 

5. Scope creep is generally the result of:

  • Too much detail in the specifications
  • Having too many levels in the WBS
  • Poorly defined SOW
  • Having the wrong people assigned to the project

Find the final exam answers here click PM 586 Final Exam Latest

6. Which of the following is the role of the PM rather than the role of the functional manager?

  • Where it will be done
  • How the work will be done
  • Who will do it
  • What work will be done

 

7. The balance between quality and cost is called:

  • Produceability
  • Salability
  • Availability
  • Operability

 

8. The EVMS term that represents the value of work actually accomplished is:

  • BAC
  • AC
  • EV
  • PV

 

9. Which of the following would be the first item to be discussed in the initial kickoff meeting for a project?

  • Understanding of the budget
  • Understanding of the schedule
  • Understanding of the requirements
  • Understanding of the plan

10. Quality is defined by the:

  • Project team
  • customer
  • Project manager
  • Project sponsor

Want to download the Complete Assignments of PM 586….?? Click PM 586 Complete Assignment

 

11. Which of the following people has the greatest influence on how much authority a project manager will possess on a given project?

  • The project sponsor
  • The customer
  • The project manager’s line manager
  • The project manager himself / herself

 

12. A project manager desires a work breakdown structure that goes through 6 levels of detail. Level 3 through level 6 would most likely be prepared by:

  • Customer
  • Subject matter experts
  • Project manager
  • Project sponsor

 

13. In which project life cycle phase does quality begin?

  • Initiation / planning
  • Monitoring & control
  • Closure
  • Implementation

 

14. Project management restructuring allowed companies to manage projects that _____.

  • Had undefined objectives
  • Could not be handled by the traditional organization
  • Did not require effective cost control
  • Require little functional integration

 

15. Risk constitutes a lack of knowledge _____.

  • Of future events
  • About the estimates
  • About the customer’s requirements
  • About the environment

Want to see the answers of PM 586 Final Examination click…..?? PM 586 Final Examination

 

16. The two primary components of a risk are:

  • The probability and the impact
  • The impact and the event
  • The impact and the amount at stake
  • The event and the probability

 

17. Which of the following standard project estimating techniques is usually accomplished in weeks?

  • Engineering
  • Parametric
  • Analogy
  • Grassroots

 

18. The hardest part in creating a best practices library is:

  • Storage
  • Classification
  • Evaluation
  • Knowledge transfer

 

19. A typical project office (not to be confused with a project management office) responsible for the management of a large project includes the project manager and the:

  • Project sponsor and assistant project managers
  • Assistant project managers
  • Assistant project managers and functional managers
  • Project sponsor

 

20. Industries that have _____ tasks and operate in a _____ environment demonstrated the greatest need for project management.

  • Complex; Dynamic
  • Simple; Static
  • Complex; Static
  • Simple; Dynamic

Click here to download the complete class of PM 586

 

21. Pricing out the construction cost of a home by a cost per square foot would be representative of a(n) _____ estimate.

  • Grassroots
  • Parametric
  • Engineering
  • Analogy

 

22. The collective term for the formal quality activities and processes is called:

  • Quality control
  • Quality visions
  • Quality assurance
  • Quality policies

 

23. The difference between the cost baseline and the contracted cost is the:

  • Profit
  • Management reserve
  • Cost of scope changes
  • Cost at completion

24. Plans such as the cost plan, schedule plan and quality plan are referred to as:

  • Subsidiary plans
  • Specialized plans
  • Integration plans
  • Functional plans

 

25. Companies can become reasonably mature in project management by designing the right support systems. In general, how much time usually elapses after maturity before a company becomes excellent in project management execution?

  • 2 years
  • 1 year
  • 5 years
  • 10 years

Final Exam Answers just a click away PM 586 Final Exam Answers

 

26. The best source of revenue for a customer-requested scope change is:

  • A customer-funded contract amendment
  • Profits
  • Management reserve
  • Undistributed budget

 

27. During the 1970s and 1980s, formal project management practices were put in place because the constraints were _____ and _____ boundaries had to be crossed

  • Tight; few
  • Tight; several
  • Loose; few
  • Loose; several

 

28. A charting technique designed to illustrate the inductive and deductive reasoning necessary to achieve some objective is called a _____ Diagram / network

  • Descriptive
  • Intuition
  • Gantt
  • Logic

 

29. Which of the following is often overlooked when planning and budgeting a project?

  • Customer’s milestones
  • Timing of the deliverables
  • Number of meetings with the customer
  • Cost and size of contractual documentation

 

30. What is the project sponsor’s responsibility with regard to the WBS preparation?

  • The sponsor should not be involved in WBS development.
  • Make sure all work packages are well-defined.
  • Make sure that the management levels of the WBS are correct.
  • Make sure that the technical levels of the WBS are correct.

 

About Author:

This article covers the topic for the University of Phoenix PM 586 Final Exam (Latest). The author is working in the field of education from last 5 years. This article covers the questions & answers of  PM 586 Complete Course from University of Phoenix. Other topics in the class are as follows:

 

PM 586 Final Exam (Latest)

 

Want to check other classes..?? Visit http://www.uopehelp.com/

...

PM 586 PM 586 Final Exam PM 586 Final Exam Answers PM 586 Final Exam Questions Answers UOP PM 586 UOP PM 586 Final Exam PM 586 Tutorial Course PM 586 UOP Course Material PM 586 UOP Material University of Phoenix PM 586 PM 586 Final Exam Guide PM 586 Final Exam Project Management Systems The balance between quality and cost is called Quality is defined by the Risk constitutes a lack of knowledge The two primary components of a risk are the formal quality activities and processes is called difference between the cost baseline and the contracted cost

Back to Top