PMP Simulation Test – 2 Flashcards
Which of the following processes develops the document that formally authorizes the project?
a. Direct and Manage Project Work
b. Monitor and Control Project Work
c. Develop Project Charter
d. Develop Project Management Plan
Develop Project Charter
When the ratio between Earned Value and Planned Value is greater than one, it would be correct to say that _.
a. You have completed less work than the planned work.
b. You have completed more work than the planned work.
c. You are earning less than spending.
d. You are earning more than spending.
You have completed more work than the planned work.
You are in charge of developing a new product for an organization. Your quality metrics are based on the 17th percentile of the last three products developed. This is an example of
a. Statistical Sampling
b. Metrics
c. Benchmarking
d. Operational definitions
Benchmarking
Rolling Wave Planning is a form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail and future work is planned at a summary level. Which process uses Rolling Wave Planning as a Tool/Technique?
a. Define Activities
b. Sequence Activities
c. Estimate Activity Resources
d. Develop Schedule
Define Activities
In your electronics industry, instances have been reported where the circuit cards are unexpectedly not passing quality tests for the last week. As Project Manager you need to propose a quality tool to determine if production is flowing within customer specifications. Which of the following Tools/Techniques might you use?
a. Control charts
b. Pareto Diagram
c. Ishikawa diagram
d. Flow Charts
Control charts
The project has been initiated and the Project Manager is in the process of defining and documenting the stakeholders’ needs required to meet the project objectives. He is very careful in performing this process as he is aware that the project’s success is directly influenced by the effort applied to capturing and managing project and product requirements. All of the following are Tools/Techniques that can assist him in preparing the requirements documentation except
a. Facilitated workshops
b. Group decision making
c. Prototypes
d. Inspection
Inspection
A bar chart representation that summarizes related items of work but does not show individual task details is known as _.
a. Detailed schedule
b. Milestone Schedule
c. Summary Schedule
d. Schedule Management
Summary Schedule
You have been assigned a high priority project. Your organization is pioneering in new technology with this project and has no previous experience in building a similar product. Management has requested that your estimates be accurate. Which technique should be used?
a. Top Down estimating
b. Top Down budgeting
c. Bottom Up estimating
d. Bottom Up budgeting
Bottom Up estimating
When might it be helpful for the organization’s Contracts Administration or Legal department to participate in discussions with the customer?
a. When the customer requests additional wording not currently in the contract
b. When the project has cost overruns
c. When the project has a schedule slippage that includes changes to the critical path
d. When defects are detected
When the customer requests additional wording not currently in the contract
Close Project or Phase process differs from the Close Procurement process because:
a. Procurement closure involves validation that all work and deliverables are acceptable, whereas Close Project or Phase does not.
b. Close Project or Phase is only a subset of Close Procurement.
c. Close Project or Phase finalizes all activities across all Process Groups, formally ending project or phase work; Control Procurements completes each project procurement, documenting agreements for future reference.
d. Procurement closure is performed by the Seller; Close Project or Phase is performed by the Buyer.
Close Project or Phase finalizes all activities across all Process Groups, formally ending project or phase work; Control Procurements completes each project procurement, documenting agreements for future reference.
Design of Experiments (DoE) is a Tool/Technique for Quality Planning which you will be using to determine which factors might influence specific factors. Which of the following variables can you use in your analysis?
a. Weight
b. Dollars
c. Statistics
d. Distance
Weight
Your team has completed the project, and the customer has accepted the completed project scope. The Project Management Office has reported back to you, the Project Manager, saying that the lessons learned have not been completed. What is the status of your project NOW?
a. The project is complete because the customer has accepted the deliverables.
b. The project is incomplete because the project needs to be re-planned.
c. The project is incomplete until all project and product deliverables are completed and accepted.
d. The project is completed because the project has reached the due date.
The project is incomplete until all project and product deliverables are completed and accepted.
Tom is a Project Manager on an industrial design project. He is always watching when his team members come into the office, when they take their breaks, and when they leave. He periodically walks around the office to be sure that everyone is doing work when they are at their desks, and he insists that he make every project decision, even minor ones. What kind of manager is he?
a. Theory X
b. Theory Y
c. Cost Cutter
d. Effective Theory X
Theory X
hich one of the following documents determines the method and timing of releasing the team members and also helps to mitigate human resource risks that may occur at the end of the project?
a. Staff acquisition
b. Staff release plan
c. Compliance
d. Safety
Staff release plan
You are the Project Manager for an underpass construction project. While planning the project risks, which of the following will you NOT select as a strategy for dealing with negative risks or threats?
a. Exploit
b. Avoid
c. Transfer
d. Mitigate
Exploit
If an employee is working towards the satisfaction of her safety needs, which of the following is the highest need she has already satisfied?
a. Physiological
b. Need for approval from the society
c. Need for self-esteem
d. Social
Physiological
Which of the following is NOT an Input of the Close Project or Phase process?
a. Project Management Plan
b. Project Management Methodology
c. Accepted Deliverables
d. Organizational Process Assets
Project Management Methodology
Which engagement level best describes the Stakeholder who is not only aware of the project, along with its potential impacts, but is also actively engaged in activities designed to ensure the project is ultimately successful?
a. Leading
b. Project Manager
c. Supportive
d. Project Sponsor
Leading
You have just been informed by the Project Sponsor that the customer intends to terminate the project in the middle of the project. Which of the following will you do FIRST as a Project Manager?
a. Share this information with all stakeholders by email
b. Evaluate the impact of project closure
c. Initiate the Close Project or Phase process
d. Meet the sponsor to discuss the course of actions
Evaluate the impact of project closure
Sensitivity Analysis is one of the Tools/Techniques involved in performing Quantitative Risk Analysis. What are the advantages of using Sensitivity Analysis?
a. It determines the risk to public only
b. It allows for independent answers
c. It helps the team understand which risks could have the greatest potential effect on the project
d. It provides insight into the project that the PM may be lacking
It helps the team understand which risks could have the greatest potential effect on the project
Which of the following techniques is used to evaluate the degree to which the data about risks is useful for risk management?
a. Decision Tree
b. Probability-Impact Matrix
c. Simulation
d. Data Quality Assessment
Data Quality Assessment
All of the following are true about a Project Statement of Work except .
a. It should contain a product description describing the characteristics of the product the project will be undertaken to create, as well as descriptions of project activities, deliverables, quality, and timescale constraints.
b. It should contain some discussion of the market demand, legal requirement, regulation, or environmental consideration that meets a business need.
c. It should contain a high-level mission statement that aligns the proposed project with the strategic plan of the company.
d. The sponsoring management be responsible for creating it.
The sponsoring management be responsible for creating it.
You are currently planning your project activities. Some members in your organization are against taking up the project because they state that it’s better to buy the same product from an outside source. Others within the organization feel that building the product in-house will provide exposure to new technologies. What Tool/Technique should the Project Manager use to choose between the options available?
a. Make-or-Buy Analysis
b. Fish Bone model
c. Ishikawa diagram
d. ROI analysis
Make-or-Buy Analysis
A matrix organization begins a new project. The Project Manager knows that the team is more responsive to their functional managers than to PM. To get more support for her project from the functional leaders, the Project Manager decides to prepare a
a. Project Management Plan
b. Project Charter
c. Scope Statement
d. Resource Management Plan
Resource Management Plan
Tom is a PMP who works full-time on projects but, with his current employer, has very little formal authority. He serves mostly as a staff assistant to an executive, who is ultimately responsible for leadership and decision-making on the projects. The organization in which Tom works is a _.
a. Projectized Organization
b. Expeditor Organization
c. Weak Matrix Organization
d. Strong Matrix Organization
Weak Matrix Organization
Upon evaluation, a newly appointed Project Manager identifies that the LDR project has many risks with high-risk impact scores, but has an overall low-risk score. How is this possible?
a. The risk scores are graded on a bell curve.
b. The risks are rated High, Medium, and Low
c. The impact of each risk is not accounted for until it comes to fruition
d. The probability of each risk is low
The probability of each risk is low
You are examining the network paths for your project. Path A’s duration is 1-2-3-5-8; Path B’s duration is 1-3-5-6-7; Path C’s duration is 1-2-5-4-9; and Path D’s duration is 2-3-4-4-8. Which of the following is the Critical Path for this project?
a. Path A
b. Path B
c. Path C
d. Path D
Path B
Which of the following statements related to Standards and Regulations is NOT correct?
a. A Standard is a document approved by a recognized body. There can be multiple standards for one product.
b. Regulations are mandatory but Standards are not mandatory.
c. Standards after widespread adoption may become de facto regulations.
d. The influence of standards and regulations for a project is always known.
The influence of standards and regulations for a project is always known.
The is a key Input into the Plan Stakeholder Engagement process.
a. Stakeholder Register
b. Project Management Plan Updates
c. Risk Register
d. Analytical Techniques
Stakeholder Register
Project information may be distributed using a variety of methods including project meetings, hard copy document distribution, and shared access to networked electronic databases, fax, electronic mail, voice mail, video conferencing and electronic tools for project management. These are known as.
a. Project controls
b. Project information management system
c. Project distribution systems
d. Communication Methods and Technology
Communication Methods and Technology
As a Project Manager, you are deciding on the Tools/Techniques that you need to use on your project. Which process uses Interpersonal Skills as one of its Tool/Technique?
a. Plan Resource Management
b. Manage Team
c. Manage Communications
d. Monitor Communications
Manage Team
“____ aligns with the organizational strategies by selecting the right programs or projects, prioritizing the work, and providing the right resources…”
a. Project Management
b. Program Management
c. Portfolio Management
d. Project Plan Management
Portfolio Management
You are managing a project in which your team members are uncertain as to how much time will be needed for each activity. Which of the following techniques is considered to be the most useful in this case?
a. Precedence Diagramming Method (PDM)
b. Arrow Diagramming Method (ADM)
c. Program Evaluation and Review Technique (PERT)
d. Critical Path Method (CPM)
Program Evaluation and Review Technique (PERT)
What action should a Project Manager FIRST take when an unidentified risk event occurs?
a. Inform the customer of the possible consequences
b. Inform the senior management of the possible consequences
c. Redo the risk identification process to get prepared for other ‘known unknowns’
d. Create a work around
Create a work around
Which of the following signifies the time an activity may be delayed or extended without affecting the total project duration?
a. Lag
b. Lead
c. Total Float
d. Free Float
Total Float
As part of finishing her project notebook, Carmen is compiling the paperwork for the project auditor to review. As she completes her final reports for the project closeout, she realizes that she has mistakenly included the _.
a. Project files
b. Return on Investment (ROI)
c. Project Closure / transfer and transition documents
d. Lessons Learned
Return on Investment (ROI)
During the project review, you learn that your project has a high likelihood of experiencing a schedule overrun. You know this because the EV is .
a. Lower than the Actual Costs
b. Higher than the Planned Valued
c. Lower than the Budgeted Cost of Work Scheduled
d. Lower than the cumulative CPI
Lower than the Budgeted Cost of Work Scheduled
Whose job is it to determine the priorities among projects in a company?
a. Project Manager
b. Sponsor
c. Senior Management
d. Project Team
Senior Management
As a Project Manager, you are ensuring that the Control Costs process is being followed on your project. All of the following is true about Control Costs except:
a. The cost base line is updated all the time
b. Work performance information such as CPI, SPI, TCPI and VAC for control accounts are recorded and communicated to stakeholders
c. A calculated or bottom-up estimated EAC is documented and communicated.
d. Change Requests are generated and processed through the Perform Integrated Change Control process as needed to facilitate preventive or corrective action or components of the Project Management Plan.
The cost base line is updated all the time
During procurement closure, a procurement audit includes all of the following except:
a. Reviewing the contract terms to ensure that they have all been met
b. Identifying successes and failures that should be recognized
c. Documenting lessons learned
d. Using the payment system to process consideration as per the terms of the contract
Using the payment system to process consideration as per the terms of the contract
Project sponsors have the GREATEST influence on the scope, quality, time, and cost of the project during the:
a. Concept phase
b. Development phase
c. Execution phase
d. Close Down phase
Concept phase
In a Balanced Matrix organization, two projects have a concurrent need for identical skills in limited availability with the functional manager in charge of the skill in demand. Who is responsible for resolving this conflict over resources?
a. Senior management
b. Sponsor
c. Project Manager
d. Functional Manager
Senior management
A project to lay 10 miles of a petroleum pipeline was scheduled to be completed today, exactly 20 weeks from the start of the project. You receive a report that the project has a Schedule Performance Index (SPI) of 0.8. Based on this information, when would you expect the project to be completed?
a. 2 weeks early
b. In 5 more weeks
c. In 2 more weeks
d. In 10 more weeks
In 5 more weeks
Which is the Tool/Technique that displays the values of probability and impact and assists in prioritizing the risks qualitatively?
a. Probability and Impact
b. Probability and Impact Matrix
c. Probability Analysis
d. Exposure Matrix
Probability and Impact Matrix
In a simple Project Life Cycle, activities such as Acceptance, Handover, and Archiving of records will occur during
a. Concept
b. Development
c. Execution
d. Termination
Termination
What is the document that is comprised primarily of detailed plans as to how the Project Manager might manage stakeholders and their expectations most effectively?
a. Stakeholder Management Plan
b. Stakeholder Engagement Assessment Matrix
c. Stakeholder Register
d. Communication Management Plan
Stakeholder Management Plan
The Perform Integrated Change Control process is concerned with controlling scope variances. Scope is also controlled by regular performance reviewing and Performance Reports. All are TRUE about Performance Reports except _.
a. Performance Reports are used to determine if the project is on track.
b. Performance Reports compare actual with planned time, cost, quality, and scope.
c. Performance Reports will have an acceptance test
d. Performance Reports provide audit trail and project history.
Performance Reports will have an acceptance test
As a Project Manager, achieving customer satisfaction is an important objective for you. Which of the following will help you in attaining your objective?
a. Defining requirements
b. Providing more features than asked by the customer
c. Identifying project related risks
d. Providing project justification
Defining requirements
As a Project Manager, you want a detailed cost estimation to be developed for your project. Which one of the following techniques is you most likely to use?
a. Analogous estimating
b. Expert Judgment
c. Bottom up estimating
d. Numerical estimating
Bottom up estimating
Which of the following is known as the formal procedure for sanctioning the project work to ensure that it’s done at the right time?
a. Project Planning
b. Work Authorization System
c. Cost Estimation
d. Organizational procedures
Work Authorization System
The performing organization has a policy that requires air travel by a particular airline to specified destinations. However, the Project Manager has a frequent flier program with another airline, which also flies to this particular destination he is required to travel to. What should the Project Manager do?
a. Make his own travel arrangements
b. Travel by the company approved airline
c. Secure an approval for travel by his preferred airline
d. Get the organization to make an arrangement with the airline of his choice
Travel by the company approved airline
The diagram below is the Work Breakdown system (WBS) for an engineering project. WBS item 1.1.2 could be a:
a. Control Account
b. Work Package
c. Code of Accounts
d. WBS Dictionary
Control Account
An international project consists of 150 project team members around the world. Each project team will be upgrading a piece of software in different facilities. The Project Manager needs to address quality of the overall delivery. Which of the following is the most suitable quality planning tool?
a. Work Breakdown Structure
b. Checklists
c. PND
d. WBS Dictionary
Checklists
Which of the following is NOT a Tool/Technique of the Define Scope process?
a. Facilitated Workshops
b. Constrained Optimization
c. Alternatives Generation
d. Product Analysis
Constrained Optimization
For the company review meeting, you have to prepare graphical charts to show the project performance trends. Which of the following two charts will help you to do that?
a. Pareto Chart and Control Chart
b. Control Chart and Run Chart
c. Gantt Chart and Control Chart
d. Histogram and Run Chart
Control Chart and Run Chart
Instead of rejoicing at project end, the stakeholders are breathing a sigh of relief. None of them were confident that the project would meet the end date. Which of the following is NOT one of the reasons that this project had difficulty?
a. Lack of a payback period
b. Lack of milestones
c. Lack of a communication plan
d. Lack of a stakeholder management plan
Lack of a payback period
Senior management needs to be informed regarding the progress of your project. You will be making reports based on comparing the current cost, schedule, and scope to details found in
a. Project Management Plan
b. Project Charter
c. Earned Value calculations
d. PERT and CPM
Project Management Plan
Which of the following is NOT a Tool/Technique in the Identify Risks process?
a. Brainstorming
b. Risk Urgency Assessment
c. Delphi technique
d. SWOT Analysis
Risk Urgency Assessment
Project A has an Internal Rate of Return (IRR) of 20%, Project B has an IRR of 12%, Project C has an IRR of 22%, and Project D has an IRR of 10%. Which of these would be the BEST project?
a. Project A
b. Project B
c. Project C
d. Project D
Project C
Which of the following contracts needs the buyer to specify the requirement correctly at the time of contract signing?
a. Firm Fixed Price
b. Time and Material
c. Cost Reimbursable
d. CCP
Firm Fixed Price
You are a Project Manager for your organization. Joe, a Project Manager in training, wants to know when the Project Manager needs to be assigned to a project. Your BEST answer is:
a. During the initiation stage
b. During the planning stage
c. When the stakeholders approve the budget
d. As soon as a Request for Quote is received
During the initiation stage
You are the Project Manager of a time-critical project. One of your sellers is giving you a lot of trouble: most of the seller’s deliverables are late and below set quality levels, and you have little confidence in his company’s ability to complete the project. What should you do?
a. Meet with the seller to discover the cause of the problem
b. Assign a group within your team to meet with the seller and reassign project work so that the seller has easier work to accomplish
c. Terminate the seller for convenience and hire another seller
d. Provide some of your own staff to augment the seller’s staff
Terminate the seller for convenience and hire another seller
The calculation of pricing for a project can be extremely complex. Accurate cost estimates and price quotes from vendors need to be evaluated. Which of the following facilitates the pricing of a project by a structured decomposition of the total effort into individual activities and by defining cost elements of labor, material, and equipment?
a. Cost Estimation Plan
b. Cost Management Plan
c. WBS
d. Bottom up estimating
WBS
A customer has been consistently late with approvals on design documentation. The Project Manager has raised the subject in the past but the practice of delayed approval has not changed. The Project Manager has just been documenting the delays, nothing more. Which conflict resolution technique has the Project Manager been following?
a. Collaborate/Problem Solve
b. Withdraw/Avoid
c. Force/Direct
d. Compromise/Reconcile
Withdraw/Avoid
Many processes result in Organizational Process Assets Updates as an Output. However, the actual assets that are updated vary from process to process. Which process could result in updates to lessons learned documentation, project reports and records, and stakeholder notifications?
a. Manage Stakeholder Engagement
b. Manage Communications
c. Monitor Communications
d. Both a and b
Both a and b
An experienced Project Manager, who is well versed in the requirements of the project, is leading a team comprised mainly of inexperienced employees who have never previously worked on a project. Which type of leadership style is most appropriate in this project context, at least in the initial stages?
a. Director
b. Facilitator
c. Coach
d. Supporter
Director
Dan has just completed the Validate Scope process and gained Customer Acceptance of his Project Deliverables. He is excited to be near to the project completion. He finds that while doing project closing he needs to concentrate his efforts on many areas. They are:
a. Control Schedule and Control Quality
b. Manage Communications and Control Procurements
c. Define Activities and Sequence Activities
d. Control Procurements and Close Project or Phase
Control Procurements and Close Project or Phase
In your organization, a project management team has subcontracted work to a service company. The process of ensuring that this service company’s performance meets contractual requirements is called:
a. Plan Procurement Management
b. Control Procurements
c. Procurement Management Plan
d. Staffing Management Plan
Control Procurements
Calculate the Variance at Completion for the project, given the following values: EV = $400,000 PV = $450,000 AC = $350,000 BAC = $500,000 ETC (Bottom Up) = $100,000 EAC = $450,000
a. Negative Variance of $50,000
b. Positive Variance at $50,000
c. Positive Variance at $100,000
d. Negative Variance at $100,000
Positive Variance at $50,000
VAC = BAC – EAC.
You are the Project Manager for a construction company. You are currently working on a project for building a new dam across a river. A recent change in a law governing ecological preservation will impact your project and change your project scope. What should the Project Manager do?
a. Proceed as planned, and ignore the change in the law
b. Create a documented change request
c. Consult with the project sponsor and the stakeholders
d. Stop all project work until the issue is resolved
Create a documented change request
Which of the following BEST describes when you perform the Monitor and Control Project Work process?
a. Continuously throughout the project
b. As soon as every deliverable is completed
c. At scheduled milestones or intervals during the project
d. At the end of every project phase
Continuously throughout the project
What is NOT true about Management by Objectives (MBO)?
a. It is a system of managerial leadership that defines individual managerial responsibilities in terms of corporate objectives.
b. Managers and workers set individual goals that contribute to the achievement of those corporate objectives.
c. Goals and objectives should reflect project goals and align well with the client’s goals.
d. It works well only when it is driven by the lower staff.
It works well only when it is driven by the lower staff.
Which of the following is an Input to the Manage Quality process?
a. Approved Change Requests
b. Quality Metrics
c. Resource Calendars
d. Grade
Quality Metrics
A buyer has floated a procurement document to buy cement for his construction company and in response received several price quotations. The buyer has used which of the procurement documents shown below?
a. Request for Proposal
b. Request for Quotation
c. Proposal
d. Invitation for Bid
Request for Quotation
As a Project Manager, you are ensuring that quality standards should be followed on your project. Which PMBOK process identifies the quality standards that need to be followed on the project?
a. Develop Project Charter
b. Collect Requirements
c. Plan Quality Management
d. Manage Quality
Plan Quality Management
There are five stages of development that teams may go through. Which of the following is the correct order in which these stages occur?
a. Forming, Storming, Norming, Performing, Adjourning
b. Norming, Storming, Forming, Performing, Adjourning
c. Forming, Norming, Performing, Storming, Adjourning
d. Forming, Performing, Norming, Storming, Adjourning
Forming, Storming, Norming, Performing, Adjourning
Which of the following is NOT true about the Project Management Plan?
a. It is a living document and is subject to version control.
b. It forms the baseline against which future actions are measured.
c. Primary purpose of the Project Management Plan is to define and communicate how the project is to be executed, monitored, and controlled.
d. Primary purpose of the Project Management Plan is to communicate the Project Manager’s intentions to the sponsor.
Primary purpose of the Project Management Plan is to communicate the Project Manager’s intentions to the sponsor.
Which of the following is NOT a Tool/Technique of the Perform Qualitative Risk Analysis process?
a. Risk Urgency Assessment
b. Expected Monetary Value Analysis
c. Probability and Impact Matrix
d. Risk Categorization
Expected Monetary Value Analysis
You are in the process of a midway review at the end of the first year of a $50,000 project. The earned value analysis shows that the PV is $25,000, the EV is $20,000, and the AC is $15,000. What can be determined from these figures?
a. The project is behind schedule and over budget.
b. The project is ahead of schedule and under budget.
c. The project is ahead of schedule and over budget
d. The project is behind schedule and under budget
The project is behind schedule and under budget
Which of the following Tools/Techniques assist a Project Manager and his team to show how the various elements of a system relate?
a. Project Scope Statement
b. Trend charts
c. Flowcharting
d. Scatter Diagram
Flowcharting