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PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT, Exams of Community Health

PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|ALREADY GRADED A+ PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|ALREADY GRADED A+ PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS|ALREADY GRADED A+

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PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM
LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT
DETAILED ANSWERS|ALREADY GRADED A+
Which pre-project actions reduce risk and increase the probability
of project success? ____The correct answer is: Pre-select
contractors
If an organization has narrowed the list of contractors submitting
proposals but is still having trouble deciding between them, what
could help? ____The correct answer is: Bidder presentations
Which statement is true of the Execute, Monitor and Control
phases of the project model? ____The correct answer is: These
phases are often concurrently or iteratively performed.
When project managers determine the level of data to collect for
monitoring and controlling project work, what do they not need to
verify? ____The correct answer is: Project work delays due to
data collection are scheduled.
What do project managers submit when they suggest revising the
project management plan to make it feasible given the current
situation? ____The correct answer is: change order.
What is developed to review a final deliverable from an entire
system perspective? ____The correct answer is: Checklist
reviews
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Download PROJECT MANAGEMENT MODULE (IFMA FMP) EXAM LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT and more Exams Community Health in PDF only on Docsity!

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

Which pre-project actions reduce risk and increase the probability of project success? ____The correct answer is: Pre-select contractors If an organization has narrowed the list of contractors submitting proposals but is still having trouble deciding between them, what could help? ____The correct answer is: Bidder presentations Which statement is true of the Execute, Monitor and Control phases of the project model? ____The correct answer is: These phases are often concurrently or iteratively performed. When project managers determine the level of data to collect for monitoring and controlling project work, what do they not need to verify? ____The correct answer is: Project work delays due to data collection are scheduled. What do project managers submit when they suggest revising the project management plan to make it feasible given the current situation? ____The correct answer is: change order. What is developed to review a final deliverable from an entire system perspective? ____The correct answer is: Checklist reviews

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

Which statement is true about the documentation for project closure? ____The correct answer is: Documentation may include operations and maintenance manuals. A project manager wants to minimize risk and provide some independent checks and balances on contractor work. Which contract model should the organization use? ____Construction management Your answer is correct. Construction management is the best choice because it uses an independent consultant to supervise separate contracts with design firms and construction firms, which allows for some independent review. (Reference: 3- 2 - 10) According to the critical path method (CPM) of scheduling, what is the critical path for any project? ____the longest set of sequential tasks in the project. Your answer is correct. The critical path is the longest set of sequential tasks in a project and indicates the shortest possible project duration. The critical path is determined using forward pass scheduling followed by backward pass scheduling.(Reference: 3 - 2 - 3)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

Failure to come to agreement on an estimate may indicate the task needs to be further broken down. Dependencies are part of sequencing. Knowing the skill levels of personnel affects the length of time required for a task, so determining this is necessary. Sequencing is not performed during work breakdown structure creation. (Reference: 3- 2 - 3) Which statement is true of communications management for an office relocation? ____Post-relocation orientation brochures can help employees find their way around. Your answer is correct. Post-relocation orientation brochures are one type of post- relocation communications that can help prevent occupant dissatisfaction with a move. Relocation communications are important and should not be minimal. Another stakeholder group to communicate with is customers and suppliers. Employees pack the contents of their own workstations.(Reference: 3- 2 - 7) Correct In what contract model does the owner act as the general contractor? ____Multiple prime contracts Your answer is correct. In multiple prime contracts, the owner acts as the general contractor and directly retains all needed subcontractors. The other models involve contracting with a contractor or firm who

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

acts as a general contractor to get the work done.(Reference: 3- 2 -

A project manager is planning a research project to determine a sustainability policy for purchases. Which techniques could help if the project manager is trying to sequence the project tasks and determine concurrent activities? ____Network diagrams Your answer is correct. Network diagrams are methods of graphically illustrating the sequence of events and activities or tasks. The primary advantage of a network diagram is its ability to communicate simple dependencies and concurrent activities without unnecessary detail.(Reference: 3- 2 - 3) A number of tasks for a project have significant cost uncertainty when the project management plan is being developed. In this case, what would be a best practice for ensuring activities have sufficient funding? ____Create a contingency reserve for estimate variance. Your answer is correct. In this case, the best practice would be to create a contingency reserve, rather than padding or shorting task cost estimates. A contingency reserve can allocate funds for those activities that have unanticipated costs rather than building the cost into each uncertain activity.(Reference: 3- 2 - 4)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

example ensuring each contract has an end date.(Reference: 3- 2 -

Which statement is true about the design/engineering and acquiring space tasks? ____The final step in a building evaluation is usually generation of a test fit. Your answer is correct. The final step in a building evaluation is typically a test fit. A building evaluation may be conducted to determine the qualities of a facility that could be acquired. A test fit produces a scale drawing to show a proposed layout of space for business units or departments.(Reference: 3- 1 - 2) A performance bond is what type of risk response? ____Transfer Your answer is correct. Using a performance bond transfers the effects of a risk occurring and its consequences to a third party.(Reference: 3- 2 - 8) What is developed first? ____Work Breakdown Structure (WBS) Your answer is correct. The WBS or a set of tasks is developed first, and the other elements listed are developed using the WBS as a resource.(Reference: 3- 2 - 1)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

What role should be created for major projects to help ensure continued senior management/client support? ____Project champion Your answer is correct. A project champion is a role occupied by a member of senior management or a client. The champion remains aware and involved during the project. This person's status and authority often help to ensure continued senior management/client support of a major project.(Reference: 3- 2 - 9) Which graphical schedule tool could be used at a detail level by project team members or rolled up to an executive overview level? ____Gantt charts (bar charts) Your answer is correct. Gantt charts are frequently used on projects even if other methods are also used because they are easy to read and can present information at an executive overview level by presenting only the major tasks and milestones. They can also be expanded to show detail down to the level of the work packages.(Reference: 3 - 2 - 3) Which definition is correct? ____A task is a function to be performed that is detailed enough for proposals to indicate cost, schedule, and readiness and completion criteria. Your answer is correct.

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

square meter (square foot) including rent and operating expenses, etc., desired floor plan/stacking plan, and desired amenities. Test fits are generated for building evaluations, not site selection criteria. Schematic designs are not available for creating site selection criteria.(Reference: 3- 1 - 2) Which statement is true of contract details? ____Non-typical materials or installation methods should not be included in the main body of a contractor's proposal. Your answer is correct. Non-typical materials or installation methods should not be included in the main body of a contractor's proposal. If bidders are encouraged to suggest options such as alternate materials or methods, there should be a section for alternates following the base bid.(Reference: 3- 2 - 11) What should NOT be in project documentation for the project team and contractors? ____Location of remote workers Your answer is correct. Project managers need to know roles and responsibilities, release criteria, and availability for team members. Where remote team members plan to work is not relevant.(Reference: 3- 2 - 8) When project managers determine the level of data to collect for monitoring and controlling project work, what information do they

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

NOT need to verify? ____Project work delays due to data collection are scheduled. Your answer is correct. Rationale: Data should be valid, timely, and cost effective. Cost effective also means that data collection should not delay project work.(Reference: 4- 2 - 2) Which is a valid change control policy? ____Project managers decide the best point in a project to implement approved actions/changes. Your answer is correct. Project managers decide the best point in a project to implement approved actions/changes. For example, they could delay implementation of approved actions or changes if it increases the ability to integrate the change into routine work. Customers are generally not recommended as final change approvers because they may not understand the impact of a change on scope. Value engineering is frequently applied during construction or operations phases but is ideally implemented sooner. Change orders are by definition requests to change project scope.(Reference: 4- 2 - 2) What should project managers submit when wanting to revise the project management plan to make it feasible given the current situation? ____change order. Your answer is correct.

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

of a planned risk response? ____Immediately implement the response. Your answer is correct. Risk owners treat the earliest point in which a variance begins to appear as a critical period. A response may be ineffective once a variance has grown.(Reference: 4- 2 - 2) A project manager has implemented numerous suggestions from a stakeholder outside the project team. At the end of the project, the stakeholder gives the project manager's superior negative feedback on not feeling listened to. What should the project manager have done? ____Provide the stakeholder with issue logs showing the stakeholder's issues. Your answer is correct. Generating issue logs for stakeholders can show who is assigned to each issue and the target date for resolution. Stakeholders can then see that their issues are being addressed. (Reference: 4- 2 - 2) Which pre-project actions can be done to reduce risk and increase the probability of project success? ____Pre-select contractors Your answer is correct. Pre-selecting contractors sends out requests only to specific contractors who have been predetermined to be acceptable. Pre- qualifying contractors, bidder meetings, and bidder presentations

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

are project-specific tasks and so would not be useful if run as a prior project. (Reference: 4- 1 - 3) If an organization has narrowed the list of contractors submitting proposals but is still having trouble deciding between them, what might help? ____Bidder presentations Your answer is correct. Once proposals are received, organizations can use bidder presentations to help decide between proposals. A bidder presentation is a sales presentation that details the bidder's technical and management capabilities.(Reference: 4- 1 - 3) A project manager wants to increase control and reduce risk for a project that will begin soon. What actions should the project manager take? ____Increase reporting frequency by installing reporting technology used by a different department. Your answer is correct. Increasing the frequency of reports increases the number of control points and reduces project risk. Reporting technology includes automation that can reduce the time required for reporting. Because the answer states that this technology is already in use in a different department, it may be feasible to get it installed and add team members who are already trained in its use. Hiring an analyst could increase the quality but not necessarily the frequency of reports.(Reference: 4- 2 - 2)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

Cost control is a line-item activity that may require making difficult choices such as removing features or increasing the budget. Cost control is detail level activity and is not performed only at milestones. Cost control is governed by change control.(Reference: 4- 2 - 2) What is auditing the emergency change control process to ensure it is being used properly an example of? ____Quality assurance Your answer is correct. Auditing the emergency change control process is a process- oriented quality assurance audit because it verifies the right tasks are being done. Quality assurance is a process-oriented set of tools and techniques to monitor and control a project's processes with a goal of assuring that the project will meet its objectives.(Reference: 4- 2 - 2) Which is true of change control? ____A standardized change communications process is the key to avoiding an emergency atmosphere for enacting changes. Your answer is correct. The change order process includes a standardized way to communicate changes to affected parties so that the changes can be understood and incorporated into routine work.(Reference: 4- 2 - 2)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

What process is verifying the scope primarily part of? ____deliverable and task acceptance. Your answer is correct. Verifying the scope is a deliverable and task acceptance process that occurs once work is completed on a project or a phase of the project. The other options are parts of the control scope process.(Reference: 4- 2 - 2) Which is a constructive use of rewards and recognition in project team management? ____Preferring team rewards over individual rewards. Your answer is correct. Team rewards are preferred over individual rewards because team rewards foster team cohesiveness.(Reference: 4- 2 - 2) A facility management (FM) organization is searching for a general contractor for a capital construction project. What would allow the project manager to see which contractor has the lowest price on carpeting or tile work? ____Standardized bid proposal form Your answer is correct. A standardized proposal form permits review of bids on a table comparing each bidder for each line item. For construction projects, bidders submit a table of bids for each line item in the detailed bid form (e.g., finish hardware, interior woodwork, etc.). (Reference: 4- 1 - 3)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

intent is issued by the owner, not the contractor. (Reference: 4- 1 -

What indicates that bidders on a construction project have a clear understanding of the project's needs? ____Receiving proposals that are less than 10 percent apart in price. Your answer is correct. A lagging indicator of a clearly defined request is that the price range of proposals received is within 10 percent of one another. Receiving bids in a wider range indicates that bidders made differing assumptions. Therefore, bid requests must be clear enough that bidders know what the project requires, for example, construction drawings or specifications can only be interpreted one way and require no clarification. (Reference: 4- 1 - 3) What is generally true of evaluating project outcomes? ____Project managers investigate the root causes of success as much as of failures. Your answer is correct. Evaluating project outcomes typically includes conducting an evaluation to determine the success or failure of the project as well as the root causes of the success/failure and the lessons learned.(Reference: 5- 2 - 2)

LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT

DETAILED ANSWERS|ALREADY GRADED A+

Which is true about documentation for project closure? ____Documentation may include operations and maintenance manuals. Your answer is correct. Product documentation is produced when closing projects, including operations and maintenance manuals. Project closure documentation (not product documentation) formally ends a project. Incomplete deliverables could be accepted if a project or contract is terminated early. If a budget limit is not part of a deliverable's acceptance criteria, it is not a valid reason for rejecting a deliverable.(Reference: 5- 2 - 2) If final deliverables from contractors are rejected, what is the proper method of handling the situation? ____Keep the contract open and provide a letter indicating the unmet criteria and required actions. Your answer is correct. A written list of rejected deliverables is provided to contractors with reference to the unmet criteria in the contract and the contractually required corrective actions or defect repairs. Once the contractor completes the repairs, the deliverables are validated by quality assurance. Unless contracts are terminated, contracts remain open until all deliverables have been accepted and repairs have been validated.(Reference: 5- 1 - 3) What is developed to review a final deliverable from an entire system perspective? ____Checklist reviews Your answer is correct.