74-131 Exam

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Exam : Microsoft 74-131
Title : Designing a MS Office Enterprise Proj. Mgmt. EPM


1. You are the team leader on an Enterprise Project management (EPM) initiative. Your EPM team has documented a list of risks associated with the initiative. To prioritize these risks, the EPM team uses a scale for probability in percent of 0 to 100 and a numeric scale for impact of 1 (low) to 10 (high). The analysis is shown in the following table: RiskProbabilityImpactThere are no open racks in the server room.306There is resistance to EPM from project managers.607Limited production hardware is on back-order.458The training room has insufficient hardware.805 You need to create a master risk list. Which risk has the highest priority?
A. There are no open racks in the server room.
B. There is resistance to EPM from project managers.
C. Limited production hardware is on back-order.
D. The training room has insufficient hardware.
Answer: B

2. The sponsor of the Enterprise Project Management (EPM) initiative states that in the past, another consultant had tried to implement an EPM solution and had failed. He also states he has hired a new program manager. You interview the program manager and a group of project managers in the organization. You analyze the results and decide that the organization is at Level 1 of the Project Management Maturity Model. You also discover that the new program manager is not familiar with the Microsoft EPM technology. You must identify risks to the requirements of an effective EPM solution. What is the most likely risk?
A. Team members are reluctant to use the EPM solution.
B. The new program manager will require extensive training.
C. There are few, if any, project management processes in place.
D. The EPM sponsor has too many requirements.
Answer: C

3. You interview a key stakeholder of an Enterprise Project Management (EPM) initiative. He states that project managers often have difficulty in collecting status when projects are under way. You must document the current project management processes that are in place for executing and controlling the phases of a project. Which two questions should you ask? (Each correct answer presents part of the solution. Choose two.)
A. How do you assign the appropriate resources for tasks?
B. What are the key elements that you track while monitoring your projects?
C. Do your resources currently use a time sheet to report on project tasks?
D. Do you have project templates that follow a prescribed methodology?
E. How do you define task effort and duration estimates?
Answer: BC

4. You are interviewing key stakeholders of the Enterprise Project Management (EPM) initiative at your organization. You are documenting various business processes that are already in place in the organization. You have defined a business process for change control. This process occurs during project execution. The goal of this business process is to formally document change and obtain approval. You document the steps and rules that govern the process. Also, you note that only the project manager can submit a change request. Each change request must be approved or denied by the Project Management Office (PMO). You must finalize your analysis of this business process. What should you do?
A. Identify points of integration between the business process and the software.
B. List the main accomplishment that the business process addresses.
C. Document the factors that initiate the business process.
D. Include the business process steps in the Enterprise Project Templates.
Answer: A

5. The sponsor of the Enterprise Project Management (EPM) initiative states that in the past, another consultant had tried to implement an EPM solution and had failed. The new initiative must maintain the original budget and schedule of the first initiative. He also states he has hired a new program manager. The program managers goal is to initiate any process changes required for improved project management. You interview the program manager and a group of project managers in the organization. You analyze the results and decide that the organization is at Level 3 of the Project Management Maturity Model. You must identify risks to the requirements of an effective EPM solution. What is the most likely risk?
A. There are no project management processes in place.
B. There is significant resistance to EPM from project managers.
C. There is an aggressive implementation schedule that cannot be met.
D. There is the expectation that technology will drive business process changes.
Answer: C

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