Project Lifecycle Management Essentials v6.0 (1z0-466)

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Total 98 questions

According to the recommended training for this exam, what is the definition of a project?

  • A. A sequence of tasks with a beginning and an end, bound by time, responses, and desired results
  • B. Anything for which there is an executed contact
  • C. A sequence of tasks for there is a Statement work
  • D. A sequence of tasks with a specified end date


Answer : A

Identify two functions of the Project Management Plan [PMP].

  • A. defines the overall project management strategies and approaches
  • B. Is limited to project scope
  • C. Is the single most important work product produced by the Project Manager
  • D. Is limited to the project budget
  • E. Is done in project closure and is done only once


Answer : A,C

Explanation:
Note:
*The project manager creates the project management plan following input from the project team and key stakeholders. The plan should be agreed and approved by at least the project team and its key stakeholders.

What is true about Organization Change Management in OUM manage?

  • A. A previous project failure is not a change management warning sign since it could be due to any number of reasons.
  • B. No official communication regarding the change is issued because the client is seeking to have a grassroots communication campaign.
  • C. Have a consensus culture is good because it cuts down on the time to get to agreements.
  • D. Having nobody to manage change should be a warning sign that the project may go off track.


Answer : D

Select the OUM Implement process in which you develop the system through a number of iterative steps.

  • A. Business Requirements
  • B. Design
  • C. Implementation
  • D. Technical Architecture


Answer : C

Explanation: Implementation -
Through a number of steps, mostly iterative, the final application is developed within the
Implementation process. The results from the Design process are used to implement the system suchas source code for components, scripts, and executables. During this process, developers also performtesting on software components. Implementation is the main focus of the Construction phase, but itstarts early in the Elaboration phase in order to implement the architecture baseline (trial architectureand prototype). During Transition, it occurs in order to handle any defects or bugs discovered whiletesting and releasing the system. The main work product of this process is the final iteration build thatis ready to be tested.
Note:
*OUM recognizes the advantages of an iterative and incremental approach to development and deployment of information systems. Any of the tasks within OUM may be iterated. Whether or not to iterate, as well as the number of iterations, varies. Tasks may be iterated to increase quality of the work products to a desired level, to add sufficient level of detail, or to refine and expand the work products on the basis of user feedback.

Select three statements that are goals of the Envision area.

  • A. Provide a set of processes that can be adopted by an enterprise in order to better align IT delivery with business strategy.
  • B. Develop and Implement Oracle-based business solutions with precise development and rapid deployment.
  • C. Plan, control, and complete all types of projects in a consistent manner.
  • D. Provide the context for OUM-based delivery services and connect those services to the larger IT lifecycle.
  • E. Provide a framework for development of services that support enterprise or strategic- level interactions.


Answer : A,D,E

Explanation: The Envision focus area provides a framework for development and maintenance of enterprise levelIT strategy, architecture, and governance(E). The Envision guidance helps project teams transition fromenterprise-level planning and strategy activities to the identification and initiation of specific projects(A).
The Envision focus area consists of two phases:
*Initiate
*Maintain and Evolve

What work product, created by the Project Manager and the client, details the approach to the project at ahigh level?

  • A. ProjectManagement Framework
  • B. Project Implementation Framework
  • C. Project Resource Framework
  • D. Project Work Framework
  • E. Project Management WBS


Answer : E

Explanation: Activities allow the project manager to streamline creation and management of the Work BreakdownStructure (WBS) for an engagement.
Note:
*Project managers use OUM to make sure they and their stakeholders develop a shared understanding of what is needed, choose an appropriate architecture, and transfer the ownership of the end-product to the stakeholders.

What is not true about risk management in OUM Manage?

  • A. The project manager should regularly conduct risk assessments.
  • B. Risks become even more critical during the Project Execution and Control Phase.
  • C. Particular attention should be paid to risks prior to production cutover.
  • D. If a baseline risk assessment is done during the Project Startup phase, there are no further risk assessment required on the project.


Answer : D

Which of the five Principles of OUM is described as the development or implementation of a software system done incremently through reception of a series of tasks intended to first define the system broadly, at high level, and then refine the definition of the system by adding details in subsequent iterations?

  • A. Business Process and Use Case-Driven
  • B. Architecture-Centric
  • C. Iterative and Incremental
  • D. Risk-Focused
  • E. Flexible and Scalable


Answer : C

Explanation: Note:

Iterative and Incremental -
OUM recognizes the advantages of an iterative and incremental approach to development and deployment of information systems. Any of the tasks within OUM may be iterated. Whether or not to iterate, as well as the number of iterations, varies. Tasks may be iterated to increase quality of the work products to a desired level, to add sufficient level of detail, or to refine and expand the work products on the basis of user feedback

Which statement is true about the Project Management Plan and the Project Workplan in
OUM?

  • A. They are the same document.
  • B. A change to one may necessitate a change to the other.
  • C. The Project Management Plan does not change after Project Startup, while the Project Workplan may change at anytime.
  • D. The Project Workplan and Project Management plan have no Impact on one another.


Answer : B

Explanation: *OUM Manage provides the framework for consistently managing a project regardless of the project approach. The project manager must be familiar with the project approach being used, and must make the necessary adjustments in the Project
Management Plan (as well as in the Project Workplan) to incorporate the concepts and activities that support the given approach.The same concepts apply to projects using offshore resources or third parties.
*OUM Manage and Other Project Approaches OUM Manage can be used with any project approach. OUM Manage does not required any specific project approach. The project manager should adjust the Project Management Plan and Project Workplan in order to execute the project following the designated project approach.

Select the three major activities in the Project Start Up phase.

  • A. Develop Staff Plan and Budget
  • B. Manage Project Quality
  • C. Validate Scope, Stakeholders, and OCM Strategy
  • D. Review Bid and Contract
  • E. Establish Estimate
  • F. Develop DetailProject Plan


Answer : A,C,D

Explanation: *The Project Start Up phase precedes the Inception phase. Project startup is where all of the projectplanning activities take place and where policies, procedures, and strategies are defined for each of theprocesses, which govern the conduct of the engagement.
*In OUM Manage, one of the first activities that occur during the Project Startup phase involves the Project Manager and the client (Project Sponsor) jointly creating the Project
Management Framework. This framework establishes the ground rules for the project and is the first step in communicating, establishing trust, and setting expectations.
The key focus for the remainder of the Project Startup Phase is to evolve the Project
Management Framework into a detailed Project Management Plan based on the agreed upon foundation. In prior versions of OUM Manage, the equivalent work product was named the Terms of Reference. Literally, this was the work product referenced to sort out problems when future misunderstandings occurred.
Incorrect:

Not B -

Not F -

What is true about the Implementation Plan?

  • A. It shows the detailed tasks for the duration of the project.
  • B. It is not modified after the Project Execution and Control phase begins.
  • C. It is a subset of the Project Management Plan.
  • D. It focuses on the objectives, milestones, and number of iterations for the project
  • E. It covers a single phase.


Answer : D

Explanation: In a project setting, the Implementation Plan is a high level plan that focuses on milestones, objectives, and the number of iterations. It is the plan that is typically developed at the start of an engagement identifying the project phases and milestones.

Which is a recommended starting point when building a project workplan?

  • A. OUM Implement Core Workflow
  • B. OUM Implement full work breakdown structure
  • C. The OUM Inception Phase work breakdown structure
  • D. The work products identified from the scope of work


Answer : A

Explanation: In OUM, this principle is extended to refer to the execution of the method processes themselves. Project managers and practitioners are encouraged to scale OUM to be fit-for-purpose for a given situation. It is rarely appropriate to execute every activity within OUM. OUM provides guidance for determining the core set of activities to be executed, the level of detail targeted in those activities and their associated tasks, and the frequency and type of end user deliverables. The project workplan should be developed from this core. The plan should then be scaled up, rather than tailored down, to the level of discipline appropriate to the identified risks and requirements.
Note:
*To develop our Project Workplan, we have several options. We can employ a top-down approach and start with all of OUM and tailor it down. We can employ a bottom-up approach and start with the Core Workflow and build up from there. The best approach is probably to start with the workplan that most closely matches our engagement and tailor up and down. That is, immediately tailor down to a pre-tailored Workplan and continue to tailor from there based on the requirements of the engagement, while simultaneously keeping in mind the Core Workflow and building up from there.
*tailoring of the actual OUM Project Workplan for your project for activities and tasks
(tailoring steps 2.0 through 5.2) including tips for applying a bottom-up as well as a top- down technique for tailoring the Project Workplan.
For our example, we are starting with the OUM Project Workplan that is located in the
Method Resources section of the Key Components of most view pages. In OUM 5.6, a new
Project Workplan template was introduced with pre-tailoring capability for most Implement views.

In OUM Manage, what is true about Organizational Change Management process?

  • A. It is only a concern of a client.
  • B. It feeds the risk management process and communication process and is only handled by third parties.
  • C. It feeds the communication process and risk management process and should be considered when training end-users.
  • D. It is handled by third parties.


Answer : C

Explanation:
Note:
*Organizational Change Management
This process starts at the strategic level and then identifies challenges of the implementations in order to design the systems that allow lowering the risk. Identifying the change requirements from the beginning of the project would help organization to manage it effectively.
*The Manage focus area is organized into 13 processesincluding theOrganizational
Change Management process:
The objective of the Organizational Change Management process is to be aware of the
Clients Organizational Change Management Strategy and to effectively create a Change and Communication Plan that addresses this strategy. The goal is to create the change momentum needed to increase buy-in and reduce resistance - thus reducing productivity losses.

Select the three key project roles as prescribed by OUM Manage.

  • A. Stakeholder
  • B. Change Control Board
  • C. Issue Review Board
  • D. Project Team
  • E. Testing Committee


Answer : A,B,D

Explanation: A:Project managers use OUM to make sure they and their stakeholders develop a shared understanding of what is needed, choose an appropriate architecture, and transfer the ownership of the end-product to the stakeholders.
B:CCB(Change Control Board)is a review committee that discusses and approves requests for changes to On Demand customer system configurations. The change requests are fulfilled in the following ways:
A work guideline is generated by engineering for operations to use and implement.
The changes are included in Oracle Certified Configurations.
D:Project teams to take advantage of this experience by
leveraging these leading practices along with industry standards.

What is not a step within the Infrastructure Close task?

  • A. Conduct a final system back-up.
  • B. Revoke consultant access to client systems.
  • C. Conduct training of client IT staff.
  • D. Document the technical environment.


Answer : C

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Total 98 questions