PMP Practice Exams: Set One Part 2 Flashcards
You are the project manager for your organization and your project is to remodel a condo for a client. The client has selected all the items to be included with the remodeling and you and the team are working on implementing the plan. As the project nears the end of the timeline, the customer requests that you change out some of the fixtures for some new fixtures she has found in Paris. You really don’t want to do this as you’re almost done with all the project, but the customer is willing to pay for the cost of the installation. What should you do next?
- Ask the project team if they have enough time to install the fixtures
- Install the fixtures
- Submit a change request
- Refuse to install the fixtures
Answer: Submit a change request
Explanation
Even though you may not want to install the fixtures, it’s best to submit a change request to your change control process to determine the whole effect the change may have. A change request would examine the change and its effect on the whole project and then a decision to make the change can happen.
Holly is a project manager in her organization and she is leading a project in an adaptive project life cycle. She and the project team are working with Grace, the product owner for the project, throughout the project to identify, prioritize, and delivery the requirements of the project. In this approach, what two project management processes must be repeated in each iteration for Grace?
- Stakeholder identification and identify risk
- Project planning and project execution
- Validate scope and control scope
- Quality assurance and quality control
Answer: Validate scope and control scope
Explanation
In an adaptive or agile life cycle, the sponsor and customer representatives should be continuously engaged with the project to provide feedback on deliverables as they are created and to ensure that the product backlog reflects their current needs. Two processes (Validate Scope and Control Scope) are repeated for each iteration. On the contrary, in a predictive project, Validate Scope occurs with each deliverable or phase review and Control Scope is an ongoing process. The other processes are called on as needed in the project, but likely not in each iteration.
Ben is the project manager of BBB Project for his organization and he’s working with the project team to identify the stakeholders’ interests, concerns, threats, and perceptions of threats. Where should Ben document the project team’s findings in this exercise?
- Stakeholder Register
- Stakeholder log
- Risk register
- Risk log
Answer: Stakeholder register
Explanation
The stakeholder register is the document where the project manager should define all characteristics and concerns of the project stakeholders.
Karen is the project manager of a high-profile project in her organization. She is meeting with the key project stakeholders to identify the risks of this project and she wants to consider several factors in this meeting to get a comprehensive collection of risks to manage in the project. Karen informs the group that they’ll be using the PESTLE approach to risk identification based on the size of the project. What is PESTLE?
Answer: Political, Economic, Social, Technological, Legal, and Enviromental domains
Explanation
PESTLE is a prompt list to identify risks in the Political, Economic, Social, Technological, Legal, and Environmental domains.
Wendy is a project manager in her organization and she’s working with the project team to define the work activities over the next month. Items beyond this month, Wendy reports, will be defined in more detail later in the project. What type of planning is Wendy using in this scenario?
- Expressive planning
- High- level planning
- Rolling wave planning
- Deductive planning
Answer: Rolling wave planning
Explanation
Wendy is using rolling wave planning. Rolling wave planning is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while work in the future is planned at a higher level. It is a form of progressive elaboration applicable to work packages, planning packages, and release planning when using an agile or waterfall approach. Therefore, work can exist at various levels of detail depending on where it is in the project life cycle.
You are the project manager of the GHB Project for your organization. This project is an agile project and is expected to last for 14 months. Your project team has created a charter that identifies their team rules, values, communication guidelines and other agreements that all project team members agree to. Lisa, one of the project team members, has been late on her assignments, has skipped some status meetings, and hasn’t been communicating effectively with the project team and stakeholders. In this instance, who should speak to Lisa about her behavior on the project team?
- Project sponsor
- Lisa’s manager
- Project team
- Project manager
Answer: Project Team
Explanation
When the project team establishes the project ground rules it is up to everyone to enforce the ground rules from the project team, not just the project manager.
You are the project manager of the NKL Project for your organization and you’re working with the project team on some quality control issues. You suspect that the maintenance on a piece of equipment is affecting the accuracy of the items the equipment creates. You’d like to track the possible correlation between the maintenance and the number of defects on the piece of equipment. Which chart would best show this possible relationship?
- Flowchart
- Scatter diagram
- Pareto diagram
- Control chart
Answer: Scatter diagram
Explanation
A scatter diagram is the best choice presented as it can show the possible correlation between two variables, such as the defects and the maintenance of the equipment, to show a correlation.
Jeffrey is the project manager of the OPO Project for his organization and a portion of his project will be contracted with a vendor. Kelly, the project sponsor of the OPO Project, tells Jeffrey to utilize a screening system for the vendors to help sort out unqualified vendors. Which one of the following is the best example of a screening system?
- Vendors must attend the bidders conference
- Bids must be under $250, 00
- Bids must accompany a detailed proposal with timeline
- Vendors must be licensed and bonded in the US state where the work will take place
Answer: Vendors must be licensed and bonded in the US state where the work will take place
Explanation
Of all the choices the requirement of vendors to be licensed and bonded in a specific US state is the best example of a screening system. While the other answers could be a screening system, they are not as restrictive as the bonded and licensing requirement.
Monica is a project manager for a construction project. In this project, she needs to purchase 1,345 doors and she knows the cost of each door, including the cost of labor, is $476. If she uses that amount in a parametric estimate what is the likely cost of the door installation for the project?
- $1, 345
- $640, 220
- $640, 220 +/- 20 percent
- $476
Answer: $640, 220
Explanation
A parametric estimate uses the parameters of the cost of each door times the total number of doors. In this example, it’s 1,345 door times the cost of $476 per door, for a total of $640,220.
John is the project manager of the YOM Project for his organization and he’s working with the project team record all of the requirements needed to satisfy the project scope. Management has asked John and the team to create a table that will show each requirement and its status as it moves through the project timeline. What type of chart is management asking John to provide?
- Work breakdown structure
- Affinity diagram
- Project network diagram
- Requirements traceability matrix
Answer: Requirements traceability matrix
Explanation
Management has asked John and the team to create a requirements traceability matrix. This chart is a table that tracks each requirement through all the associated phases of the project until each requirement is considered done.
You are the project manager for your organization and your project team has identified a risk that has a 40 percent chance of happening and will cost your project $245,000 if it occurs. You present the risk to the project sponsor as it’s a significant risk event in your project. Your project sponsor wants to know what the expected monetary value of the risk is. What’s the best response in this scenario?
- You cant know as the risk event has not yet occurred
- ($245,000)
- ($98,000)
- ($245, 000)
Answer: ($98,000)
Explanation
The expected monetary value is found by taking the probability times the impact. In this instance, it’s 40 percent of $245,000 for an expected monetary value of -$98,000.
Jonathan is a project manager for the JG Corporation and he’s leading a project team in a strong matrix environment. Jonathan knows that the project team is pressed for time, but quality is paramount in his project. Jonathan offers the team a four-day weekend if the team can complete the next project milestone on time. The offer will mean the team will need to work on a Saturday, but the team is excited to reach the project milestone and have a few days off. What human resource theory is Jonathan demonstrating in this scenario?
- Vroom’s Expectancy Theory
- Maslows Hierarchy of Needs
- Halo Effect
- McClellands Theory of Needs
Answer: Vroom’s Expectancy Theory
Explanation
This is an example of Vroom’s Expectancy Theory which states that people’s behavior reflects what they believe their behavior will bring them. The project team is willing to work additional hours now to reach the milestone but to also receive a few days off as a reward.
Benji is the project manager of the BBB Project for his organization. The planned value for the project work at this point is $450,000, but his actual costs for the project is ten percent more than what was planned. The project’s earned value is $417,000. Management is considering canceling this project due to performance. Based on this information, what is the sunk cost of the project?
- $450,000
- $417,000
- Not enough information to know for certain
- $495,000
Answer: $495,000
Explanation
Sunk costs describe the total amount of funds invested into the project. In this example, the actual costs are the sunk costs. The project’s planned value is $450,000 and the actual costs are ten percent more than that value, or $495,000.
You are a project manager for the JHKL Organization, and you are leading an adaptive project. In an adaptive project, who has control of the detailed planning of the product?
- Product Owner
- Project team
- Project sponsor
- Project manager
Answer: Project team
Explanation
The control of the detailed product planning and delivery is delegated to the team. The project manager’s focus is on building a collaborative decision-making environment and ensuring the team can respond to changes. The product owner is responsible for prioritizing the product backlog, not the detailed planning. The project sponsor will authorize the project, but won’t be involved in the detailed product planning.
As a project manager, you need to recognize several human resource theories for your PMI exam. One theory is Maslow’s Hierarchy of Needs. In this theory, there are five needs that we all have. Which one of the following items is not one of the Maslow needs?
- Social
- Affiliation
- Safety
- Esteem
Answer: Affiliation