SM-04 PMP Exercise August 2020

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PMP

Certification
Program
Exercise
August 2020

Ayman Jarwan, PMP


True or False

Answer the following questions with True or False: T F

1 To be successful, Project manager must have technical expertise in project


 
outputs

2 Project management can produce benefits under any organizational structure  

3 A project schedule contains all required project plan information  

4 The most important project manager skill is his ability to calculate the
 
schedule

5 The only interests the project manager should protect are the interests of the
 
customer

6 The organizational awareness of project management is an essential first step


 
towards project management maturity

7 Implementing proper project management at an organization is easy because


 
it requires minimal change to how the organization is doing business

8 Project management can be defined as using a project management software


 
(i.e. Microsoft project) to develop a project schedule

9 The most important element in a project management system is the project


 
management software

10 Project management should be applied to major projects only  

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True or False - Answers

1. To be successful, Project manager must have technical expertise in project


False
outputs.

True 2. Project management can produce benefits under any organizational


structure.

False 3. A project schedule contains all required project plan information.

False 4. The most important project manager skill is his ability to calculate the
schedule.

False 5. The only interests the project manager should protect are the interests of
the customer.

True 6. The organizational awareness of project management is an essential first


step towards project management maturity.

False 7. Implementing proper project management at an organization is easy


because it requires minimal change to how the organization is doing
business.

False 8. Project management can be defined as using a project management


software (i.e. Microsoft project) to develop a project schedule.

False 9. The most important element in a project management system is the


project management software.

False 10. Project management should be applied to major projects only.

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Sample Project Charter

Project
Created By Date
Phone Email

Requirements

Business Need

Purpose

Business Case

Functional
Organizations
Stakeholder
Influences
Project
Manager
Summary
Milestone
Schedule
External
Assumptions

External
Constraints
Summary
Budget
Approvals

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Sample Scope Statement

Project
Created By Date
Phone Email

Product
Requirements

Product
Acceptance
Criteria
Project Boundaries

Project
Deliverables
Project Constraints

Project
Assumptions
Initial Project
Organization

Initial defined risks

Schedule
Milestones
Initial WBS

Order of Magnitude
Cost Estimate
Project
Configuration
Management
Requirements

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Sample Communication Plan
Deliverables/Desc Target Audience Communication Delivery Who’s
ription Method/Type Frequency Responsible?
Project Meetings
Kick Off Meeting GAS Sponsor and PM presents the Once at the Project
Rep, Project startup start of the Manger
Manager document to project
BGS Rep and
Estimated
accepts the
document (If 9/11/2009
applicable).
Project Closure BGS Sponsor and Review and Once at the Project
Meeting Rep, Project accepts (If end of the Sponsor and
Manager and project applicable) the project Project
sponsor project closure Manger
Estimated
report.
11/01/2010

Review Meetings
Requirements BGS Rep and Project Review the initial Once after Requirements
Review Manager and Vision and SRS initial Vision lead
Requirements document BGS and SRS
engineers Rep may add document is
comments to the ready
functionality Estimated
specification 17,23/11/2009
Prototypes Review BGS Users and Review web site Once after Design Lead
Project Manager and prototype, format prepare initial
- Structural Design engineers and graphic. Design
- Behavioral Estimated
- Final 26/11/2009
22/12/2009
Test Plan Review QA lead and Project The lead share Once QA Lead
Manager and Testing the test plans,
Estimated
engineers Review and
update the Test Mon 2/2/09
plan
Documentation BGS users, Project Review and Once after Documentation
Review Manager and update User and develop the Engineer
Documentation Technical manuals
engineers Manuals, BGS Estimated
Rep Accept if 5/8/09
applicable

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Project Reports
Progress Report BGS Rep Project progress Weekly/ Project
report template Thursday Manger
emailed to the
target audience.
Project Closure BGS Sponsor and Before Closure Once Project
Report Rep, project sponsor meeting Sponsor and
At end of the
and manager Manager
project

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Critical Path Exercise

For the next schedule calculate:

• Early Schedule.
• Late Schedule.
• Total Float.
• Critical Path.

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Earned Value Exercise

STATUS AT THE END


Task DAY 1 DAY 2 DAY 3 DAY 4
OF DAY 3

Side 1 S----F Complete, spent $1000

Side 2 S----PF ---F Complete, spent $1,200

Side 3 PS--S--PF Half done, spent $600


Side 4 PS---PF Not started

S = Start, F = Finish, PS = Planned Start, PF = Planned Finish

This is our famous fence project. Each side is to take one day and cost one thousand dollars
($1000). Sides are to be done in sequence. Review the status chart above. Today is the end
of day 3.

Based on the above, complete the following table:

Calculate Formula Result Significance

PV

EV

AC

BAC

CV

CPI

SV

SPI

EAC

ETC

VAC

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Earned Value Exercise - Answers

STATUS AT THE END


Task DAY 1 DAY 2 DAY 3 DAY 4
OF DAY 3

Side 1 S----F Complete, spent $1000

Side 2 S----PF ---F Complete, spent $1,200

Side 3 PS--S--PF Half done, spent $600

Side 4 PS---PF Not started

Formula Value Significance


PV None 3000.00
EV None 2500.00
AC None 2800.00
BAC None 4000.00
CV EV - AC -300.00 cost overrun
CPI EV/AC 0.89 cost overrun
SV EV-PV -500.00 did less than scheduled
SPI EV/PV 0.83 did less than scheduled
EAC(typical) AC + (BAC - EV)/CPI 4480.00 over budget
EAC(atypical) AC + (BAC - EV) 4300.00 over budget
ETC (typical) (BAC - EV)/CPI 1680.00 expected cost of remaining work
ETC (atypical) (BAC - EV) 1500.00 expected cost of remaining work
VAC (typical) BAC - EAC -480.00 amount over budget
VAC (atypical) BAC - EAC -300.00 amount over budget

10 | P a g e 1 0
11 | P a g e 1 0

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