Imagine that a university hires a construction company to build a new library. Before starting, the project manager outlines the building materials the project needs. They also outline the roles and amount of workers to hire. Which key component of project initiation does this scenario concern?
1 / 1 point
Resources
Success criteria
Scope
Deliverables
You expect that a project will bring in $12,000 USD in revenue per year. You estimate it will cost $5,000 up front. You also estimate costs of $50 per month for the first 12 months, which equals $600 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months?
(12,000
- 5,600) ÷ 5,600 = 114%
(12,000 - 5,600) ÷ 5,000 = 128%
(5,600 - 5,000) ÷ 12,000 = 5%
(12,000 - 5,000) ÷ 5,000 = 140%
As a project manager, what is your main responsibility during the initiation phase?
Create a project plan to list out all
the tasks to complete.
Hold a meeting with the team that will
execute the tasks.
Create a budget plan with all the
expenses for the project.
Figure out all the pieces that have to come together in order to get the work done.
Question 2
As a project manager, you investigate
the value a project will create and how much time will be saved. What step of
the cost benefit analysis are you completing?
Goals analysis
Benefit
analysis
Expense analysis
Cost analysis
As a project manager, you’re using the
SMART criteria to craft revenue goals for your team. During the process, you
look at last year's revenue data as a benchmark for deciding how much to
increase revenue this year. In this instance, which SMART criteria are you
using?
Specific
Measurable
Attainable
Relevant
Time-bound
As a project manager it is your
responsibility to maintain the limits of the project. Which of the following
are ways that scope creep is likely to affect your project? Select all that
apply.
Team member turnover
Schedule
delays
Increased
risk
Losses
to your bottom line
Suppose as a project manager you receive
a request from a team member to change a process they believe will make their
work more efficient. However, you know that the change may increase the
workload for other team members and extend the project’s completion date. How
do you best address this potential internal scope creep?
1 / 1 point
Try it out as a test because the team
member making the request has seniority
Remind
the team that any process changes will change project scope and may create
unknown risks for the project
Ask the team member who requested the
change to take on the additional work from affected team members
Request from stakeholders to add an
additional team member, so the team can take on the increase in workload
As the project manager for a team of
software developers, your team has been hired to develop a piece of proprietary
software for a corporate customer. After a few weeks working on the project
your customer announces that they will need their software several weeks sooner
than originally expected, but that the software needs to look and function as
originally agreed with no changes.
Using the triple constraint model, what
trade-off could you use to meet your customer’s new requirements?
Change team roles
Change the project scope
Change the project goals
Change
the budget
As a project manager, your team has been
tasked to come up with a new service that increases revenue by 4% within one
year. The team implements a new service, a website has gone live, catalogs have
been printed and delivered, orders have been received, and revenue starts to go
up. What is this an example of?
A successful use of the triple
constraint method
A successful implementation of OKRs
A
successful project launch
A successful project landing
Which of the following is a happiness
metric?
A 20% increase in the amount of tasks
completed
A
5% increase in customer satisfaction score
A 35% increase in first-time customers
Double the amount of time participating
within an app
Question 1
Who is typically the owner of the
Product Backlog in an Agile project?
1 / 1 point
The stakeholders
The Development Team
The client
The
Product Owner
Question 2
A Product Owner writes a user story for
an item in a Sprint. They ensure all the parts of the user story are complete
and ready to hand off to the quality analysis team. Which of the I.N.V.E.S.T.
story writing criteria is the Product Owner trying to fulfill?
1 / 1 point
Independent
Negotiable
Valuable
Testable
As a Product Owner, you need to add
estimates to your Backlog for a small number of items. You’d like your team to
reach a consensus on the number of items, and you would also like to
incorporate the Fibonacci sequence. Which effort estimation technique should
you use?
1 / 1 point
The Bucket System
Affinity Mapping
Dot Voting
Planning
Poker™
Question 4
Who has the authority to cancel a Sprint
if the Sprint Goal becomes outdated?
1 / 1 point
The project sponsor
The Development Team
The stakeholders
The
Product Owner
During what Scrum event will the Scrum
Master ask questions like: What has been our average velocity? Who on the team
has any upcoming vacations or work conflicts? Who is responsible for what
Sprint tasks?
1 / 1 point
Sprint Retrospective
Sprint
Planning
Sprint Review
Daily Scrum
Question 6
Which role is responsible for assisting
team members in clearing obstacles and unblocking their work?
1 / 1 point
Key stakeholder
Another teammate
Scrum
Master
Product Owner
Which of the following tools can help a
large team visualize the progress of tasks that are assigned to all the team
members?
1 / 1 point
Google slides
Spreadsheets
Google Doc
Kanban
board
How can tools like Jira and Asana help
teams who are practicing Scrum methodologies?
1 / 1 point
They can help store feedback from team
retrospectives.
Team members can use them to present
slides.
Team members can use them to adjust the
project budget.
They
can help track work items in Product Backlog.
During team retrospectives, the Scrum
Master notices that a team member does not speak up or ask as many questions.
What can they do to ensure all members can provide feedback? Select all that
apply.
Take
the first ten minutes of the meeting to implement some quiet journaling.
Ask that specific team member to speak
up first during retrospectives.
Make no changes and hope that they will
be able to speak up in the future.
Pair
up team members to encourage participation.
As a project manager or Scrum Master,
what can you do to ensure your team is focused on value-driven delivery? Select
all that apply.
0.75 / 1 point
Run it right
Build
the right thing
Build
the thing right
Run it fast
Which of the following provides an
overview of the expected product, its high-level requirements, and an estimated
schedule for reaching milestones?
1 / 1 point
A
product roadmap
A Product Backlog
A value playbook
A product vision
Imagine you are a project manager
creating release plans for a new cloud storage service. Your team is performing
well, so you decide to push up the estimated release date. Which specific
factors do you take into account to make your decision?
1 / 1 point
The
team’s capacity and velocity
The team’s willingness and work ethic
The team’s size and the customer’s
budget
The team’s experience and the customer’s
timeline
Question 6
What is the process of getting people to
adopt a new product, approach, or value system?
1 / 1 point
Organizational culture
Change
management
Agile practices
Project management
Question 7
You are a project manager at a company
adopting the Agile approach. The team is intimidated by working in sprints, so
you promise each team member a gift card at the end of the first sprint. Which
of the six sources of influence does this scenario demonstrate?
1 / 1 point
Personal motivation
Structural
motivation
Personal ability
Social motivation
You are a project manager overseeing the
development of a new application. You notice a lack of motivation in your team
and that many items are “in progress,” even though the deadline is tomorrow.
Which Agile principle do these issues impact the most?
Value delivery
Business collaboration
Retrospectives
Team dynamics and culture
Question 9
Making too many assumptions about a
product can cause an unstable product roadmap. What actions can a project
manager take to lessen the impact these assumptions might have? Select all that
apply.
Check assumptions against unbiased user research
Never make an assumption without proper
knowledge
Document
the assumptions and make them transparent
Keep assumptions within the development
team