PMP Questions Flashcards

1
Q

Which of the following choices does not refer to additional time included in the schedule as recognition of schedule risk?

A. Contingency

B. Planning Package

C. Reserve

D. Buffer

A

Answer: B
Planning - Time Management
A Planning Package is a work breakdown structure component below the control account with known work content but without detailed scheduled activities.

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2
Q

In which process are Subject Matter Experts (SME) first used?

A. Identify Stakeholders

B. Develop Project Charter

C. Define Scope

D. Collect Requirements

A

Answer: B
Planning - Integration Management
Answer B is correct. We use Subject Matter Experts for their expert judgment in the Develop Project Charter process.

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3
Q

You’re using techniques such as value engineering, value analysis, function analysis, and quality function deployment. What tool and technique are you employing?

A. Benefit/cost analysis

B. Product analysis

C. Earned value analysis

D. Benchmarking

A

Answer: B
Planning - Scope Management
Product analysis is a tool and technique of Define Scope, and uses techniques such as product breakdown analysis, systems engineering, value engineering, value analysis, function analysis, and quality function deployment.

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4
Q

You work for CTV, a privately held TV company that is planning to offer a contract to a privately held TV parts supplier. Which of the following is not included in the contract?

A. Legal purpose

B. Legal capacity

C. Consideration

D. Incentives

A

Answer: D
Executing - Procurement Management
Answer D is correct. Contract requirements include:
Offer: an expression of willingness to contract on certain terms, made with the intention that it shall become binding as soon as it is accepted by the person to whom it is addressed.
Acceptance: an expression of unconditional agreement to all the terms set out in the offer. The acceptance must mirror the original offer made.
Legal Purpose: the contract cannot be for illegal purposes
Consideration: something of value, not necessarily money
Legal Capacity: the ability to legally enter into a contractual agreement. Children or people with mental impairments do not have legal capacity.

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5
Q

You are calculating the expected total cost of the project at completion and have been given a new estimate. Variances to date have been atypical. BAC=700, PV=300, EV=275, and AC=280. What is the new expected total cost at completion?

A. 25

B. 705

C. 7143

D. 425

A

Answer: B
Monitoring & Controlling - Cost Management
EAC based on atypical variances is AC+(BAC-EV) = 280 + (700-275) = 280 + 425 = 705.

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6
Q

Which of the following analyzes variables that have the greatest impact on the project?

A. Beta Distributions

B. Triangular Distributions

C. Tornado Diagram

D. Expected Monetary Value

A

Answer: C
Planning - Risk Management
Answer choice C is correct. Tornado Diagrams are a Modeling Technique and a typical display of Sensitivity Analysis, which analyzes variables that have the greatest impact on the project. Probability Distributions and Interviewing are Data Gathering and Representation Techniques. EMV is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.

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7
Q

These two gentlemen believed in zero defects and fitness for use, respectively.

A. Juran, Deming

B. Crosby, Juran

C. Maslow, Deming

D. Deming, Crosby

A

Answer: B
Planning - Quality Management
Philip Crosby believed in conformance to requirements and zero defects.
Joseph Juran believed in the fitness for use principal. He promoted conformance and quality by design.
W. Edward Deming developed the 14 points of Total Quality Management (TQM) and said that quality is a management problem 85% of the time.

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8
Q

How is administrative closure different from contract closure?

A. Administrative closure occurs before contract closure

B. Contract closure occurs before administrative closure

C. There is no difference

D. Administrative closure involves documenting lessons learned while contract closure does not

A

Answer: B
Closing - Procurement Management
Contract closure marks the closure of a procurement contract on a project and therefore must happen before the project is formally closed via administrative closure.

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9
Q

The issues log should be ________.

A. Short

B. Deliverable-based

C. Written

D. Informal

A

Answer: C
Executing - Human Resources Management
By writing issues down, you create a permanent record of how issues were handled and resolved.

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10
Q

Project Performance Appraisals is not used for which of the following?

A. Clarification of roles & responsibilities

B. Establishing individual training plans

C. Resolving issues

D. Assess team strengths and weaknesses

A

Answer: D
Executing - Human Resources Management
Project Performance Appraisals, a Manage Project Team Tool, is used to clarification of roles & responsibilities, providing feedback, resolving issues, establishing individual training plans, etc. The emphasis is on the individual not the team. Personnel Assessment tools, a Develop Project Team Tool, is used to assess team preferences, aspirations, strengths and weaknesses. The emphasis here is on the team.

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11
Q

During project execution, the forecast remaining hours begin to exceed planned remaining hours. Consequently, the project takes on a negative variance. Which analysis method is the project manager likely to use as a measurement tool to validate this information?

A. EV-PV

B. EV/AC

C. EV/PV

D. EV-AC

A

Answer: A
Monitoring & Controlling - Cost Management
Schedule Variance (SV) = EV - PV. If SV is negative project is behind schedule. If it positive Schedule is ahead.

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12
Q

Rent-A-Computer Inc. will rent you a computer for $200 per day. Best Buy will lease it to you for a $750 down payment and $50 per day. When do the cost of renting and leasing become the same?

A. 09 Days

B. 08 Days

C. 12 Days

D. 05 Days

A

Answer: D
Planning - Procurement Management
If it takes “N” days, then, 200* N = 750 + 50*N. On solving for N, it is 5 days.

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13
Q

Which estimating method uses one time estimate for each task?

A. PERT

B. CPM

C. Monte Carlo

D. Control charts

A

Answer: B
Planning - Time Management
Critical path method uses deterministic method, meaning it uses one time estimate.

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14
Q

Quality audits of the deliverables show there are several problems. Management has asked you to create a chart showing the distribution of problems and their frequencies. Given this, management wants which of the following?

A. A control chart

B. An Ishikawa chart

C. A Pareto diagram

D. A flowchart

A

Answer: C
Monitoring & Controlling - Quality Management
A) Option A is incorrect because a control chart does not identify the problems, only the relation of the results to the expected mean.
B) Option B is incorrect because a cause-and-effect diagram does not map out the frequency of problems.
C) Management wants you to create a Pareto diagram. Recall that a Pareto diagram maps out the causes of defects and their frequency.
D) Option D is also incorrect. Flowcharts show how a process moves through a system and how the components are related.

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15
Q

The process of ensuring that the seller’s performance meets contractual requirements is done as part of:

A. Solicitation

B. Conduct Procurements

C. Control Procurements

D. Project Closeout

A

Answer: C
Monitoring & Controlling - Procurement Management
Procurement Performance Reviews involves managing the contract and relationship between the buyer and seller and reviewing and documenting how a seller is performing, or has performed, to establish required corrective actions.

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16
Q

What is the difference between Quality Assurance and Control Quality?

A. Control Quality looks at the processes and methodologies employed as part of the overall quality objectives, while Quality Assurance is primarily concerned with ensuring the correctness of the deliverables.

B. Quality Assurance looks at the processes and methodologies employed as part of the overall quality objectives, while Control Quality is primarily concerned with ensuring the correctness of the deliverables.

C. Control Quality does the same thing in the Monitoring and Controlling process as Quality Assurance does in the Executing process

D. Control Quality results in an accepted deliverable, whereas Quality Assurance results in a verfied deliverable

A

Answer: B
Executing - Quality Management
B is correct since Quality Assurance is concerned with the process which in turn will create a better product, whereas Control Quality is inspecting the correctness of the product itself.

17
Q

Which of the following costs of quality is not a cost of non-conformance?

A. Replacement costs

B. Inspection costs

C. Rework costs

D. Scrap costs

A

Answer: B
Planning - Quality Management
Inspection is the cost of ensuring quality or conformance, which is money spent to avoid failures. Examples of the costs of non-conformance (money spent because of failures) are replacement, rework, and scrap.

18
Q

When developing the project planning documents, who creates the scope baseline?

A. Project Sponsor

B. Project Team

C. Project Manger

D. Top Management

A

Answer: B
Planning - Scope Management
The project team creates the scope baseline, which includes the Scope statement, WBS and WBS Dictionary. The scope baseline must be approved and signed off by the project manager, the project sponsor, management, and key stakeholders.

19
Q

Control risk, control quality, and direct and manage project work may be used in ________.

A. Project management

B. Control Procurements

C. Reports

D. Sponsor communication

A

Answer: B
Monitoring & Controlling - Procurement Management
A) Choice A is incorrect because project management covers a broader picture of the project and it is concerned about all major process groups and does not restrict only to control processes
B) When monitoring a contract, the project manager should be certain to include processes specific to project management to get the best possible control of project execution
C) Choice C is incorrect as reports are used mainly to communicate to stakeholders and customer, and it covers more than risk, quality
D) Choice D is incorrect because, this is subjective as each project may require different types of communication and reports to its project sponsors

20
Q

Which of the following are inputs to Estimate Costs?

A. Activity cost estimate, Project Schedule, Human resource plan, Risk Register, Enterprises environmental factors, change request

B. Scope baseline, Project Schedule, Human resource plan, Risk Management Plan, Enterprises environmental factors, Organizational process assets

C. Scope baseline, Project Schedule, Human resource plan, Risk Register, Enterprises environmental factors, Organizational process assets

D. Scope baseline, Project Schedule, Human resource plan, Risk Register, Project funding requirements, contracts

A

Answer: C
Planning - Cost Management
The inputs to the Estimate costs process are cost management plan, scope baseline, project schedule, human resource plan, Risk Register, Enterprises environmental factors, and organizational process assets.

21
Q

An Ishikawa diagram helps to:

A. Examine potential causes of a particular outcome.

B. Explore past outcomes.

C. Show team responsibilities.

D. Show functional responsibilities.

A

Answer: B
Monitoring & Controlling - Quality Management
Choice A refers to the function of a Pareto chart. Choices C and D refer to the many responsibility charts and therefore cannot be the best answers.

22
Q

Inputs to Validate Scope include which of the following?

A. Project management plan, requirements documentation, requirements traceability matrix, change request

B. Project management plan, requirements documentation, requirements traceability matrix, verified deliverables, and Work performance data

C. Project management plan, requirements documentation, requirements traceability matrix, requirements management plan

D. Requirements management plan, requirements documentation, requirements traceability matrix, validated deliverables

A

Answer: B
Monitoring & Controlling - Scope Management
The inputs to the Validate Scope process are project management plan, requirements documentation, requirements traceability matrix, verified deliverables and work performance data.

23
Q

Which of the following best describes Independent Estimates

A. Check proposed pricing by procuring organization

B. Project budget for the project statement of work

C. Range of estimates as derived by rough order magnitude techniques

D. Average of prices received from prospective sellers.

A

Answer: A
Executing - Procurement Management
Independent estimates derived by the buyer are often referred to as “should cost” estimate for the procurement. This is done to ensure correct pricing levels on the procurement.

24
Q

One method to determine how well a project is executing at a specific point in time is by using:

A. Cost variance analysis

B. Historical data

C. Expert judgment

D. The cost performance index (CPI)

A

Answer: D
Monitoring & Controlling - Cost Management
The cost performance index is the most encompassing answer as it divides the earned value by the actual cost of the project. For the CPI calculations, a project with a CPI value greater than 1 signifies that your project is running under budget.