Project Time Management

Professional and Social ResponsibilityPMBOK 4th EditionPMP Study GroupFacilitator:Question 1Name the ethical code youll be required to adhere to as a PMP.

Project Management Policy of EthicsProject Management Professional StandardsProject Management Code of Professional Ethics & StandardsProject Management Institute Code of Ethics and Professional Conduct

D

How many people have applied for the exam? Before applying for the exam you have to acknowledge that you have read and will abide by the Code of Conduct

Question 1Name the ethical code youll be required to adhere to as a PMP.

Project Management Policy of EthicsProject Management Professional StandardsProject Management Code of Professional Ethics & StandardsProject Management Institute Code of Ethics and Professional Conduct

D

How many people have applied for the exam? Before applying for the exam you have to acknowledge that you have read and will abide by the Code of Conduct

Question 2You are taken to lunch by one of your sellers who has become a friend. He gives you an opportunity to participate in a new venture in association with his company, unrelated to your current employment. What should you do?

Refuse to participateParticipateParticipate but advise your employer of the offerRequest your employer's consent for your participationDQuestion 2You are taken to lunch by one of your sellers who has become a friend. He gives you an opportunity to participate in a new venture in association with his company, unrelated to your current employment. What should you do?

Refuse to participateParticipateParticipate but advise your employer of the offerRequest your employer's consent for your participationDQuestion 3You purchased the Crosswind study pack to prepare for the PMP exam. You recently passed the exam and now your colleague at work is preparing for the exam and would like to borrow your study material. Which of the following statements is true? Choose the best answer.

The material is copyrighted and cannot be shared The material can be shared as long as your colleague does not copy any of it There is an appearance of impropriety and therefore you shouldnt share the material with your colleague As you are a PMP you have to adhere to the PMP Code of Professional conduct and cannot share the materialB There is no problem with sharing as long as the material is not copied. This is similar to lending someone a copy of a novel to read

Intellectual property must be respected at all times.

Is it okay to purchase a single user copy of PMP test software and then to share it at a PMP study group? No.

Is it okay to purchase a single user copy of PMP test software and pass it to someone else to use as long as it is only one user at a time. It all depends on the license agreement.Question 3You purchased the Crosswind study pack to prepare for the PMP exam. You recently passed the exam and now your colleague at work is preparing for the exam and would like to borrow your study material. Which of the following statements is true? Choose the best answer.

The material is copyrighted and cannot be shared The material can be shared as long as your colleague does not copy any of it There is an appearance of impropriety and therefore you shouldnt share the material with your colleague As you are a PMP you have to adhere to the PMP Code of Professional conduct and cannot share the materialB There is no problem with sharing as long as the material is not copied. This is similar to lending someone a copy of a novel to read

Intellectual property must be respected at all times.

Is it okay to purchase a single user copy of PMP test software and then to share it at a PMP study group? No.

Is it okay to purchase a single user copy of PMP test software and pass it to someone else to use as long as it is only one user at a time. It all depends on the license agreement.Question 4During a meeting you discover that a PM has prepared a report that a project had a SPI of 1.2. You also learn that the way the PM was calculating earned value was not correct and the project is behind schedule. What should you do?

Send a corrected report to the sponsor and ask to become the new PMMentor the PM on the correct way to calculate EVMentor the PM on the correct way to calculate EV and review with them what they are reportingReview with the PM what they are reporting

C

If there are three answers that look correct and one of them incorporates the other two then that is probably the correct answer.Question 4During a meeting you discover that a PM has prepared a report that a project had a SPI of 1.2. You also learn that the way the PM was calculating earned value was not correct and the project is behind schedule. What should you do?

Send a corrected report to the sponsor and ask to become the new PMMentor the PM on the correct way to calculate EVMentor the PM on the correct way to calculate EV and review with them what they are reportingReview with the PM what they are reporting

C

If there are three answers that look correct and one of them incorporates the other two then that is probably the correct answer.Question 5A Functional Manager has come to you and reported that the work due today is going to be three weeks late. The manager has requested that you do not report this to senior management. What is your professional and social responsibility to the project?Report the status accurately and timely.Issue a status report that does not contain this information.Wait until you have some good news to report with the bad news.The manager has helped you so you won't report the slip, hoping it gets back on schedule.

A

Report the status accurately and timely.Issue a status report that does not contain this information.Wait until you have some good news to report with the bad news.The manager has helped you so you won't report the slip, hoping it gets back on schedule.As a Project Manager, you are required to report timely, accurate, and honest status and facts about a project. Failing to report the slip (while hoping it gets back on schedule), waiting until you have some good news to report with the bad news, and issuing a status report that does not contain this information are failures to report honest facts about the project. [Crosswind section 15.5.1]Question 5A Functional Manager has come to you and reported that the work due today is going to be three weeks late. The manager has requested that you do not report this to senior management. What is your professional and social responsibility to the project?Report the status accurately and timely.Issue a status report that does not contain this information.Wait until you have some good news to report with the bad news.The manager has helped you so you won't report the slip, hoping it gets back on schedule.

A

Report the status accurately and timely.Issue a status report that does not contain this information.Wait until you have some good news to report with the bad news.The manager has helped you so you won't report the slip, hoping it gets back on schedule.As a Project Manager, you are required to report timely, accurate, and honest status and facts about a project. Failing to report the slip (while hoping it gets back on schedule), waiting until you have some good news to report with the bad news, and issuing a status report that does not contain this information are failures to report honest facts about the project. [Crosswind section 15.5.1]Question 6While attending a class conducted by a PMI Registered Education Provider, you learn that the subject of the class is a proprietary project management methodology that is similar to but distinct from what is described in the Guide to the Project Management Body of Knowledge. You should:

Withdraw from the class Complete the class and report the discrepancy to PMI headquarters Complete the class while drawing attention to the differences between the proprietary information and the standard Complete the class D - Reference:Code of Professional Conduct II A 1 - "Registration" does not imply that instruction offered is in compliance with the PMBOK. Question 6While attending a class conducted by a PMI Registered Education Provider, you learn that the subject of the class is a proprietary project management methodology that is similar to but distinct from what is described in the Guide to the Project Management Body of Knowledge. You should:

Withdraw from the class Complete the class and report the discrepancy to PMI headquarters Complete the class while drawing attention to the differences between the proprietary information and the standard Complete the class D - Reference:Code of Professional Conduct II A 1 - "Registration" does not imply that instruction offered is in compliance with the PMBOK. Question 7A Project Manager has been contacted by PMI to investigate a complaint against the company's most experienced senior Project Manager. The Project Manager reports this contact to the senior Project Manager. Which is the best answer?

The Project Manager must do what senior management has requested.The Project Manager must protect his manager.The Project Manager must take 5th amendment to protect his manager and the company.The Project Manager must cooperate with PMI.D

The Project Manager must do what senior management has requested.The Project Manager must protect his manager.The Project Manager must take 5th amendment to protect his manager and the company.(Correct) The Project Manager must cooperate with PMI.The PMI Code of Ethics and Professional Conduct requires that a Project Manager cooperate with PMI during investigations. [Crosswind section 15.2.5]

Question 7A Project Manager has been contacted by PMI to investigate a complaint against the company's most experienced senior Project Manager. The Project Manager reports this contact to the senior Project Manager. Which is the best answer?

The Project Manager must do what senior management has requested. The Project Manager must protect his manager.The Project Manager must take 5th amendment to protect his manager and the company.The Project Manager must cooperate with PMI.D

The Project Manager must do what senior management has requested.The Project Manager must protect his manager.The Project Manager must take 5th amendment to protect his manager and the company.(Correct) The Project Manager must cooperate with PMI.The PMI Code of Ethics and Professional Conduct requires that a Project Manager cooperate with PMI during investigations. [Crosswind section 15.2.5]

Question 8Before reporting a perceived violation of an established rule or policy the project manager should:

Determine the risks associated with the violation to ensure that the impact of the violation is understood Ensure that there is a reasonably clear and factual basis for reporting the violation Ensure that the violation is affecting the projectMeet with the team to review the violation and determine the appropriate responseB Skill in exercising appropriate judgmentQuestion 8Before reporting a perceived violation of an established rule or policy the project manager should:

Determine the risks associated with the violation to ensure that the impact of the violation is understood Ensure that there is a reasonably clear and factual basis for reporting the violation Ensure that the violation is affecting the projectMeet with the team to review the violation and determine the appropriate responseB Skill in exercising appropriate judgmentQuestion 9According to the PMI Role Delineation Study, in order to enhance individual competence the Project Manager must have all of the following except:

Knowledge of Personal strengths and weaknessesKnowledge of options available for trainingSkill in self-assessment techniquesTime scheduled for developmentDQuestion 9According to the PMI Role Delineation Study, in order to enhance individual competence the Project Manager must have all of the following except:

Knowledge of Personal strengths and weaknessesKnowledge of options available for trainingSkill in self-assessment techniquesTime scheduled for developmentDQuestion 10You have an opportunity to bid on a job that will net your company $500,000 profit. You overheard a competitor talking about the job at a conference. What should you do?

Bid the job Dont bid the job Bid the job, and disclose where you heard about it Dont bid the job and caution the contractor about speaking where he can be overheard A - Reference:Code of Professional Conduct I A 4 - You may use information you learned unless you have a contractual agreement to refrain from using it. Question 10You have an opportunity to bid on a job that will net your company $500,000 profit. You overheard a competitor talking about the job at a conference. What should you do?

Bid the job Dont bid the job Bid the job, and disclose where you heard about it Dont bid the job and caution the contractor about speaking where he can be overheard A - Reference:Code of Professional Conduct I A 4 - You may use information you learned unless you have a contractual agreement to refrain from using it. Question 11You are asked to project manage the development of a new e-business for a client and due to the nature of the business have signed a non-disclosure agreement. You have learned that the business web site will be used for the sale of illegal counterfeit goods. What should you do:

Meet with the customer to discuss your concernsCall the Nevada Gambling authorities and report the clientEscalate to your management to so that the proper authorities can be involvedThere is nothing you can do as you signed a non-disclosure agreementCQuestion 11You are asked to project manage the development of a new e-business for a client and due to the nature of the business have signed a non-disclosure agreement. You have learned that the business web site will be used for the sale of illegal counterfeit goods. What should you do:

Meet with the customer to discuss your concernsCall the Nevada Gambling authorities and report the clientEscalate to your management to so that the proper authorities can be involvedThere is nothing you can do as you signed a non-disclosure agreementCQuestion 12You have a new job that is paying you 15% more than your old job where you signed a non-disclosure agreement. After about a month on the job you are asked to manage a project that will go head-to-head with your former employers product. You know all the strengths and weaknesses of the product. What should you do?

Manage the project, review notes from your previous job to make sure you have the most accurate information about the product. Your new employer hired you for your knowledge and you owe them the best that you can deliver. Decline to manage the project because it is a conflict of interest. Manage the project, but let your former employer know so there is no unfair advantage. Manage the project, but honor the non-disclosure agreement by not disclosing proprietary information. D - Reference:Code of Professional Conduct II A 3 - You may act on the basis of what you know so long as your actions do not have the effect of disclosing proprietary information of the prior employer. Question 12You have a new job that is paying you 15% more than your old job where you signed a non-disclosure agreement. After about a month on the job you are asked to manage a project that will go head-to-head with your former employers product. You know all the strengths and weaknesses of the product. What should you do?

Manage the project, review notes from your previous job to make sure you have the most accurate information about the product. Your new employer hired you for your knowledge and you owe them the best that you can deliver. Decline to manage the project because it is a conflict of interest. Manage the project, but let your former employer know so there is no unfair advantage. Manage the project, but honor the non-disclosure agreement by not disclosing proprietary information. D - Reference:Code of Professional Conduct II A 3 - You may act on the basis of what you know so long as your actions do not have the effect of disclosing proprietary information of the prior employer. Question 13You have joined a study group at work to prepare for the PMP exam. The study group leader said that he was searching the web and found some questions which are believed to be from the actual exam. What should you do:

Report the study group leader to PMINothing, it has not been proven that the questions are actual exam questionsReport the study group leader to your managementRemove yourself from the study group as there is an appearance of improprietyDQuestion 13You have joined a study group at work to prepare for the PMP exam. The study group leader said that he was searching the web and found some questions which are believed to be from the actual exam. What should you do:

Report the study group leader to PMINothing, it has not been proven that the questions are actual exam questionsReport the study group leader to your managementRemove yourself from the study group as there is an appearance of improprietyDQuestion 14The sponsor is conducting a meeting and a project manager is reporting that his project is behind schedule by three weeks and under budget by $80K US. You discover from the PMO that the project is behind schedule by eight weeks and is over budget. What should you do?

Report the Project Manager to PMIReview with the Project Manager how the status was producedAsk the PMO to investigate the project statusNotify senior managementBQuestion 14The sponsor is conducting a meeting and a project manager is reporting that his project is behind schedule by three weeks and under budget by $80K US. You discover from the PMO that the project is behind schedule by eight weeks and is over budget. What should you do?

Report the Project Manager to PMIReview with the Project Manager how the status was producedAsk the PMO to investigate the project statusNotify senior managementBQuestion 15As part of professional and social responsibility, a project manager must balance the stakeholders' interests. To ensure this success, the project manager will potentially address these areas except.

Communicate the impact and options associated with changesDecide which customer-requested changes will be implementedDo not tell customer noListen to wishes of the customerCQuestion 15As part of professional and social responsibility, a project manager must balance the stakeholders' interests. To ensure this success, the project manager will potentially address these areas except.

Communicate the impact and options associated with changesDecide which customer-requested changes will be implementedDo not tell customer noListen to wishes of the customerCQuestion 16Your project is behind schedule by two weeks but you know that within the next month you will bring the project back on schedule. At your monthly status meeting what would you report as the status of the project?

The project is on schedule as you know that you will have it back on schedule before the next reporting periodThe project is 2 weeks behind scheduleThe project schedule will have to be changed to accommodate the 2 week delayThe project is 2 weeks behind schedule but you have plans in place to bring it back on schedule before the next reporting periodDQuestion 16Your project is behind schedule by two weeks but you know that within the next month you will bring the project back on schedule. At your monthly status meeting what would you report as the status of the project?

The project is on schedule as you know that you will have it back on schedule before the next reporting periodThe project is 2 weeks behind scheduleThe project schedule will have to be changed to accommodate the 2 week delayThe project is 2 weeks behind schedule but you have plans in place to bring it back on schedule before the next reporting periodDQuestion 17Lisa a new project manager on your team is studying for the PMP exam and is sure to pass. A requirement in one of your government contracts is that the Project Manager must be PMP certified. In responding to the RFP your management identify Lisa as the Project Manager knowing that she will be PMP certified before the contract starts. What should you do?

Nothing, as Lisa is sure to pass the examNotify the customer immediatelyTell Lisa that she needs to inform the customer of her true status according to the PMP Code of Professional conductReport Lisa to PMICQuestion 17Lisa a new project manager on your team is studying for the PMP exam and is sure to pass. A requirement in one of your government contracts is that the Project Manager must be PMP certified. In responding to the RFP your management identify Lisa as the Project Manager knowing that she will be PMP certified before the contract starts. What should you do?

Nothing, as Lisa is sure to pass the examNotify the customer immediatelyTell Lisa that she needs to inform the customer of her true status according to the PMP Code of Professional conductReport Lisa to PMICQuestion 18A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He since paid back the money taken in ways that kept his theft secret. Ethically, what should you do?

Advise your friend to tell his company and do nothingReport him to his managerTalk with a lawyer to see if this can be justifiedAttempt to gather evidence to determine whether or not the theft in fact occurredBQuestion 18A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He since paid back the money taken in ways that kept his theft secret. Ethically, what should you do?

Advise your friend to tell his company and do nothingReport him to his managerTalk with a lawyer to see if this can be justifiedAttempt to gather evidence to determine whether or not the theft in fact occurredBQuestion 19You are a project manager working on a multimillion-dollar project. As the project has progressed, you become friends with the general contractor. You are working on a US $100,000 change request. She has offered to let you use her boat on Lake Superior this weekend while she is away in Mexico. What should you do?

Accept the offer with thanksDecline the offerDecline the offer and report it to you supervisorAsk your boss to approve you use of the boatCQuestion 19You are a project manager working on a multimillion-dollar project. As the project has progressed, you become friends with the general contractor. You are working on a US $100,000 change request. She has offered to let you use her boat on Lake Superior this weekend while she is away in Mexico. What should you do?

Accept the offer with thanksDecline the offerDecline the offer and report it to you supervisorAsk your boss to approve you use of the boatCQuestion 20Which of the following is NOT a measure that determines whether a business practice used by another country is an unfair business practice?

It hurts the right to physical movement.It is a common practice in the other country.It does not supply a decent wage for the country and the type of work.It discriminates against women.BQuestion 20Which of the following is NOT a measure that determines whether a business practice used by another country is an unfair business practice?

It hurts the right to physical movement.It is a common practice in the other country.It does not supply a decent wage for the country and the type of work.It discriminates against women.BQuestion 21Management has promised you part of the incentive fee from the customer if you complete the project early. Later, while finalizing a major deliverable, your team informs you that the deliverable meets the requirements in the contract but will not provide the functionality the customer needs. If the deliverable is late, the project will not be completed early. What action should you take?

Provide the deliverable as it isInform the customer of the situation and work out a mutually agreeable solutionStart to compile a list of delays caused by the buyer to prepare for negotiationsCut other tasks in a way that will be unnoticed to provide more time to fix the deliverableBQuestion 21Management has promised you part of the incentive fee from the customer if you complete the project early. Later, while finalizing a major deliverable, your team informs you that the deliverable meets the requirements in the contract but will not provide the functionality the customer needs. If the deliverable is late, the project will not be completed early. What action should you take?

Provide the deliverable as it isInform the customer of the situation and work out a mutually agreeable solutionStart to compile a list of delays caused by the buyer to prepare for negotiationsCut other tasks in a way that will be unnoticed to provide more time to fix the deliverableBQuestion 22While working on a project in another country, you are asked to make a "facilitating" payment so the country officials will issue a work order. What should you do?

Make the paymentAsk the person for proof the payment is requiredSeek legal advice on whether such a payment is a bribeDo not pay and see what happensCQuestion 22While working on a project in another country, you are asked to make a "facilitating" payment so the country officials will issue a work order. What should you do?

Make the paymentAsk the person for proof the payment is requiredSeek legal advice on whether such a payment is a bribeDo not pay and see what happensCQuestion 23A project Manager muse be responsible. Which of the following best describe the specific areas that responsibility addresses?

Accountability, honesty and reliabilityAccountability, behavior, honesty and reliabilityAccountability, behavior and reliabilityAccountability, timeliness and reliabilityCQuestion 23A project Manager muse be responsible. Which of the following best describe the specific areas that responsibility addresses?

Accountability, honesty and reliabilityAccountability, behavior, honesty and reliabilityAccountability, behavior and reliabilityAccountability, timeliness and reliabilityCQuestion 24As a Project Manager, you have a professional and social responsibility to encourage the growth of project management at your company or industry. To help with this growth, you could do all the following except.

Mentor others who want to learn more about project managementCreate white papers on project managementProvide senior management with information regarding the benefits of outsourcingTrain people on project managementCQuestion 24As a Project Manager, you have a professional and social responsibility to encourage the growth of project management at your company or industry. To help with this growth, you could do all the following except.

Mentor others who want to learn more about project managementCreate white papers on project managementProvide senior management with information regarding the benefits of outsourcingTrain people on project managementC