PMP Simulation Test – 2 Flashcards by Jose Barrera

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

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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.

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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.

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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

Procurement audits review which of the following? The procurement processes from Start Procurement Management through Conduct Procurements The procurement processes from Plan Procurement Management through Control Procurements c. The Plan Procurement Management and Conduct Procurements processes d. The procurement processes from Plan Procurement Management through Close Project or Phase process

The procurement processes from Plan Procurement Management through Control Procurements

As you develop your project closeout documents, you begin to review the project deliverables and develop your checklist of project requirements. Of the options below, the BEST source document for contract closure requirements is the a. Project Management Plan b. Contract terms and conditions c. Work Breakdown Structure d. Project Charter

Project Management Plan

Which of the following is MOST true in regard to the Code of Accounts? a. It allows the breakdown level of the item in the resource breakdown structure to be easily identified. b. It describes the coding structure used by the performing organization to report financial information in its general ledger c. It is the collection of unique identifiers generally assigned to WBS items d. It defines ethical behavior in the project and the responsibilities to the customer and the profession

It is the collection of unique identifiers generally assigned to WBS items

Decomposition is a technique used in the _______ process. a. Define Activities b. Estimate Activity Durations c. Sequence Activities d. Develop Schedule

Define Activities

Which type of cost is training for the project team? a. Direct b. Indirect c. Could be either Direct or Indirect d. Neither Direct nor Indirect

Could be either Direct or Indirect

In your new project, you have to provide a critical deliverable within five months and do not have time to go through the Conduct Procurements process. You decide to sign a contract with a supplier with whom your company has done some work in the past. The risk you are accepting in this situation is: a. The ability of the supplier to deliver the goods b. Collusion between the supplier and your team c. Lack of proper scope definition d. Lack of a legally binding agreement

The ability of the supplier to deliver the goods

What type of contract would the buyer want to issue for a relatively new technology-oriented project in order to reduce or eliminate as much risk as possible for themselves? a. Time & Materials (T&M) b. Cost Plus Incentive Fee (CPIF) c. Fixed Price Incentive Fee (FPIF) d. Cost Plus Fixed Fee (CPFF)

Fixed Price Incentive Fee (FPIF)

The process of subdividing project deliverables and project work into smaller, more manageable components is . a. Create WBS b. Validate Scope c. Define Scope d. Define WBS

Create WBS

You are managing a project with a one-year duration. In the middle of the project, you realize that the quality of the project is not as planned or expected. Who is responsible for this situation? a. Project champion b. Project team c. Stakeholders d. Customers

Project team

The WBS for your project has been prepared and distributed to the project team members. When execution begins, which document will provide the team with guidance on how to execute, monitor and control, and close the project? a. WBS Dictionary b. Scope Statement c. Project Management plan d. Project Statement of Work

Project Management plan

Calculate the Payback Period for the data available in the table below. This is the Project Manager’s estimate of the cash flow that will take place over the next five years. a. 1 year b. 2 years c. 3 years d. 5 years

3 years

Your project has an allocated budget of $720,000. Eight months after the start of the project, you have exhausted $515,200 of your budget. You have completed 70% of the work against your plan of 82%. What is the CPI for this project? a. 0.97 b. 1.02 c. 0.7 d. 0.85

0.97 CPI is EV / AC Earned Value divided by the Actual Cost. In this case, AC = $512,200; EV is 70% of the Budget at Complete (BAC) $720,000. (.7 X 720,000) / $512,200 = 0.97

Management wants to be sure that a project is following defined quality policies. Of the following, which tool would they use to ensure that these quality policies are being followed? a. Risk Management Plan b. Work Breakdown Structure c. Statement of Work d. Quality Audit

Quality Audit

According to Herzberg’s theory, all of the following are motivating factors except _. a. Recognition b. Responsibility c. Advancement in career d. Salary

Salary

In your project, you invest a lot of time in team development to increase the team’s performance, which in turn increases the likelihood of meeting project objectives. Which of the following indicators will you NOT use to evaluate your team’s effectiveness? a. Improvement in skills of team members b. Improvement in competencies and morale that help the team to perform better as a group c. Decrease in staff-attrition (i.e., fewer people leaving the project team) d. Delivery of project deliverables ahead of schedule

Delivery of project deliverables ahead of schedule

What are the graphical displays of accumulated costs and labor hours, plotted as a function of time, known as? a. Variance reports b. S curves c. Trend analysis E d. arned value reports

S curves

A resource constrained critical path that places a buffer at the end of a critical chain as a time contingency to allow for uncertainty is known as _. a. Buffers b. The Critical Chain c. The Critical Path d. Float

The Critical Chain

The technique of determining the quality standards for the entire product range by measuring the quality standard of a few categories of products is an example of measuring which of the following? a. Statistical Sampling b. Statistical population c. Statistical Independence d. A mutual exclusivity

Statistical Sampling

Your construction project has 190 specifications, 350 blueprints, and multiple parts. Which of the following would you use to apply technical and administrative direction to identify the functional and physical characteristics of items and to control changes to those characteristics? a. Configuration Management b. Change Control Meetings c. Inventory control c. Operational definitions

Configuration Management

At what level of the WBS should the budget be estimated to assist in budget control during the Monitoring and Controlling Process Group? a. Highest b. Lowest c. Third d. Major work effort

Lowest

As a Project Manager, you need to manage the stakeholders for your project. Which of the following descriptions may contain people not considered to be stakeholders? a. They are individuals and organizations involved in the project. b. They are individuals and organizations who are in favor of the project. c. They are individuals and organizations that get affected by the project. d. They are individuals and organizations that provide finance to the project.

They are individuals and organizations who are in favor of the project.

As a Project Manager, you are explaining to your project team the difference between Resource Histogram and Responsibility Assignment Matrix. What does a Resource Histogram show that a Responsibility Assignment Matrix does not? a. Time b. Activity c. Inter-relationships d. Person in charge of each activity

Time

Which tool and/or technique is NOT used in the Estimate Activity Resource process? a. Alternatives Analysis b. Bottom-Up Estimating c. Make or Buy Analysis d. Project Management Software

Make or Buy Analysis

Which of the following is an Input to the Control Procurements process? a. Project Management Plan b. Requirements Documentation c. Expert Judgment d. Accepted Deliverables

Project Management Plan

If a Project Manager wants to examine project results over a period of time to analyze the improvement in performance, what would she use? a. Trend Report b. Forecasting Report c. Status Report d. Variance report

Trend Report

Part of your project scope has to be outsourced. You are engaged in creating Source Selection Criteria for your contract. Which process are you in? a. Plan Procurement Management b. Close Procurements c. Conduct Procurements d. Control Procurements

Plan Procurement Management

Which of the following is NOT a Control Quality Process Tool/Technique? a. Quality Audit b. Pareto Charts c. Ishikawa Diagrams d. Inspection

Quality Audit

You have tasked a project team member to list the activities that result in cost of non-conformance to quality in your project. The list he submits is inaccurate because one of the four is a cost of conformance. Which of the following did your project team member list incorrectly? a. Rework b. Scrap c. Quality Training d. Warranty costs

Quality Training

Of the following, which is an example of an external Enterprise Environmental Factor? a. Company methodology and organization b. Company culture c. Company infrastructure and capability d. Government and industry standards and regulations

Government and industry standards and regulations

One of the functional managers in your organization is arguing that operations and projects are the same and therefore require similar planning techniques. What would be your best argument to stress your viewpoint that the two are different? a. Resources consumed by operations are different than the resources consumed by projects b. Projects incur large expenses in comparison to operations c. Projects are done by combining the efforts of various departments while the operations are done only by one department d. Projects have a definite start and end date while operations do not

Projects have a definite start and end date while operations do not

Your project has just been approved by management. You have developed the Project Charter and identified the project stakeholders. This information from Initiating is Input into which of the following Process Groups? a. Executing b. Planning c. Controlling d. Monitoring

Planning

Which of the following is the Project Manager most interested in as an outcome of the Validate Scope process? a. Accuracy b. Timeliness c. Acceptance d. Completeness

Acceptance

There are probably more man-hours lost due to ineffective meetings than to any other cause. The application of some simple rules can make meetings much more effective. Which of the following does NOT contribute to making meetings more effective? a. Have a meeting policy defined in the Communications Plan b. Meet at least once a week c. Circulate an agenda before the meeting and stick to it d. Make all actions personal and timely and follow them up

Meet at least once a week

You are in the Close Project or Phase process. Because of some unfortunate circumstances, the project was delayed, causing cost overruns at the end of the project. Which of the following statements is true? a. You should document the circumstances as lessons learned. b. You should pay particular attention to archiving the financial records for this project. c. Your project ended because of starvation because of the cost overruns. d. You should document the circumstances surrounding the project completion during the Scope Verification process

You should document the circumstances as lessons learned.

For projects that are carried out under a formal contract, the principal Inputs are a. Statement of Work and Business Case b. Statement of Work and Project Charter c. Project Charter and Business Plan d. Statement of Work and Project Document

Statement of Work and Business Case

Tim is the Project Manager for the Doom Project. Two key team members have come to him for assistance in resolving their conflict. Tim intends to use a conflict resolution strategy that will result in what is frequently considered a win-win situation, in that the strategy’s goal is to achieve consensus and commitment on the part of both parties. Which is this conflict resolution strategy? a. Compromise/Reconcile b. Force/Direct c. Smooth/Accommodate d. Collaborate/Problem Solve

Collaborate/Problem Solve

Your project is scheduled to last for 6 months and cost $300,000. At the end of the first month, you and your team have completed 20% of the project. What is the variance between the Earned Value and the PV? a. $10,000 b. $20,000 c. $50,000 d. $60,000

$10,000 Assuming that the budget of $300,000 is equally apportioned over the life of this 6-month project, the Planned Value (PV) of the work to be performed each month would be $50,000. If “you and your team have completed 20% of the project” at the end of the first month, you have an Earned Value of $60,000 ($300,000 x 0.2 = $60,000). Therefore, “the variance between the Earned Value and the PV” would be $10,000 ($60,000 – $50,000). PMBOK V5 7.4.2.1 Earned Value Management (Variances – Schedule)

The sponsor has asked you to provide the cost estimation for installation, maintenance, and customer support for as long as the product is expected to last. What kind of estimate is this referred to as? a. Life Cycle Costing b. Depreciation c. Project Cost Baseline d. Payback Period estimate

Life Cycle Costing

Which of the following is also known as Failure Costs? a. Internal costs b. Prevention costs c. Cost of Defects d. Cost of Poor Quality

Cost of Poor Quality

A Project Manager is managing a project where there will be a number of persons working together. She wants to enhance the ability of the team to work together and perform as a team. One of the things that could maximize the ability of the team to do this is a. Cohabitation b. Colocation c. Staffing Plan d. Work Breakdown structure

Colocation Colocation is considered a Tool & Tech used in Developing Project Team

In which of the following does the Project Manager manage and direct project resources in carrying out the Project Management Plan? a. Resource planning b. WBS c. Monitoring work progress d. Executing Process Group

Executing Process Group

A key tool of project monitoring and control that consists of tools, procedures and processes necessary to collect, collate, and disseminate the information generated as an outcome of the project management processes is known as _. a. Earned Value Analysis b. Project Management Information System c. Project Management Plan d. Project Charter

Project Management Information System

You are currently in the planning process and have identified the risks associated with this project. What is the next step? a. Assign probability and impact values using qualitative analysis b. Use the Delphi Technique to confirm the identified risks c. Identify the response strategies for the identified risks d. Start working on the creation of the project schedule

Assign probability and impact values using qualitative analysis

You are the Project Manager in the aviation industry and are engaged in a project that will create a new and improved product for your company. The company has high expectations for this product. Other company products have a total of 5 million users around the globe who will be impacted by this new product. Which of the following is a technique that can be used to gather opinions about how to implement the new product with the least impact on existing users? a. Identify Risks b. Anonymous Trigger c. Risk Mitigation d. Delphi Technique

Delphi Technique

In the Power/Influence Model, who are the powerful people who actively support the project? a. Blockers b. Champions c. Supporters d. Detractors

Champions

As a Project Manager, you are evaluating the better option between buying and making wood furniture. If you buy, the cost would be $225,000 and the cost of procurement and other related costs is $5,000. If you make the product yourself, you need 19 workers working for 6 months. Salary of each of the workers would be $1,800 per month, and the overhead cost is $65,000. What should you do? a. Buy the furniture b. Make the furniture c. Partly buy and partly make d. Go for opportunity cost logic

Buy the furniture q

Jason, the Project Manager, has recently earned his PMP Certification and is planning quality management for his project with his team. Since it is the first time he is performing this activity, help him identify which of the following quality Tools/Techniques will NOT be needed to plan quality in his project. a. Quality Audits b. Cost of Quality (COQ) c. Benchmarking d. Cost-Benefit Analysis

Quality Audits

You are in the process of selecting a seller and awarding a contract. The process will involve receiving bids or proposals and applying defined selection criteria to select the seller who is qualified to perform the work. All of the following are Inputs to this process except: a. Seller Proposals b. Make or Buy Decisions c. Bidder Conferences d. Procurement Management Plan

Bidder Conferences

Which of the following is NOT a Tool/Technique for the Determine Budget process? a. Cost Aggregation b. Reserve Analysis c. Funding Limit Reconciliation d. Resource Calendars

Resource Calendars

A Project Manager is using a single duration estimate to calculate activity duration. Which type of mathematical analysis, from the following, is he using? a. Critical Path Method (CPM) b. Project Evaluation and Review Technique (PERT) c. Monte Carlo d. Graphical Evaluation and Review Technique (GERT)

Critical Path Method (CPM)

_____ is the amount of time that “a successor activity can be advanced with respect to a predecessor activity. a. Float b. Free Float c. Lag d. Lead

Lead

The Staffing Management Plan, which is part of the Resource Management Plan, describes when and how human resources requirements will be met. Information in the Staffing Management Plan may vary according to the application area and project size. Key areas may be the following except a. Staff acquisition b. Resource calendars c. Compliance d. Work Items

Work Items

A project of $1.5 million has an adverse event that has the 60% of occurrence probability and a potential loss of $25,000. This represents an expected negative value of: a. $150,000 b. $15,000 c. $1,500 d. $90,000

$15,000 EMV = Probability (P) x Impact (I). In the problem, P is 60%, and I is $25,000. Therefore, 0.6 x $25,000 = $15,000.

A Cost-Plus-Fixed-Fee (CPFF) contract has an estimated cost of $120,000 with an agreed profit of 10% of the costs. The actual cost of the project is $130,000. What is the total payment to the seller? a. $143,000 b. $132,000 c. $142,000 d. $130,000

$142,000

Your client has terminated your project before it is complete. Which of the following is true? a. You must stop all work and release the team immediately b. You must initiate the Close Project or Phase process and work with the team to document the lessons learned c. You must keep the team working on the project to give your senior management time to talk to the client d. You must update the project management plan to reflect this change

You must initiate the Close Project or Phase process and work with the team to document the lessons learned

Rough Order of magnitude (ROM) estimate may be created during which project management Process Group? a. Initiating b. Planning c. Executing d. Closing

Initiating

If a project has a 90% chance of having the scope defined by a certain date and an 80% chance of obtaining approval within 10 days of scope definition, what is the probability that the delivered scope will be defined and accepted as per the schedule dates? a. 1.7 b. 0.1 c. 0.72 d. 0.9

0.72 Multiplying 0.9 by 0.8 results in answer option c., 0.72.

Which of the following is NOT a function of the Program Management Office? a. Administrative support to Project Managers and team members b. Consolidation of individual project status reports into program and corporate reports including exception reporting c. Responsibility for quality audit and assurance across the organization d. Coordination of resource allocation across all projects

Responsibility for quality audit and assurance across the organization

The four values considered to be the most important to support the PMI Code of Ethics and Professional Conduct are: a. Honesty, Respect, Fairness, and Responsibility b. Integrity, Respect, Fairness, and Responsibility c. Honesty, Respect, Patient, and Responsibility d. Honesty, Integrity, Analytical, and Responsibility

Honesty, Respect, Fairness, and Responsibility

The Monitor Stakeholder Engagement process is all about watching the relationships and optimizing plans for effectively engaging them. Which of the following is not a key input to this process? a. Change Requests b. Stakeholder Register c. Work Performance Data d. Issue Log

Change Requests

Which of the following is sometimes a disadvantage of Fixed Price contracts? a. Less work for buyer to manage b. Seller has a strong incentive to control costs c. Buyer knows the total price at the start of a project d. Final costs may be more than the final cost on a Cost Reimbursable contract because Sellers often inflate their prices to cover their risk

Final costs may be more than the final cost on a Cost Reimbursable contract because Sellers often inflate their prices to cover their risk

The Close Project or Phase process involves all of the following except ____. a. Final Updates to the Project Files b. Project or Phase Closure and Historical Information documents c. Handover of deliverables d. Admin Management

Admin Management

You are the Project Manager of the MAX Project. While monitoring your project, you find that the project is experiencing unexpected flaws in its production. Which analysis tool would allow you to determine the cause-and-effect of the production faults? a. Flow Chart b. Ishikawa Diagram c. Pareto Diagram d. Control Chart

Ishikawa Diagram

Which of the following is never true about the Define Scope process? a. It is critical to project success. b. It is a detailed description of the project and the product c. It does not involve negotiation with the stakeholders d. It could be iterative

It does not involve negotiation with the stakeholders

You have to ensure that appropriate Tools/Techniques are used in performing the process of Monitor Risks. Which one of the following is NOT a Tool/Technique for this process? a. Risk Reassessment b. Risk Audits c. Risk Register d. Technical Performance Measurement

Risk Register

On your project, a key team member has resigned. You’ve hired a replacement and plan to inform management of the resignation and your subsequent replacement decision at Friday’s status meeting. Most likely, you are a Project Manager working in a organization. a. Matrix b. Projectized c. Expeditor d. Coordinator

Projectized

Of the following, which is NOT true of a Project Life Cycle? a. Cost and staffing levels are low at the start, peak as the work is carried out and drop rapidly as the project draws to a close. b. Stakeholder influences are greatest towards the end of the project c. Risk and uncertainty are greatest at the start of the project d. Cost of changes increases as the project approaches completion

Stakeholder influences are greatest towards the end of the project

A major scope change has been formally proposed to the project team. The next step the Project Manager should take is to a. Look for other changes. b. Gain sign off on this change. c. Assess the impact associated with this scope change. d. Start execution of the said work

Assess the impact associated with this scope change.

You are listing the possible reasons that can cause scope change in your project. Which of the following would not require you to update your scope baseline? a. Customer has changed the specifications for the deliverables b. Change in government regulations c. Change in the estimation approach from top down to bottom up estimating d. A change in the design because new technology needs to be implemented

Change in the estimation approach from top down to bottom up estimating

Collectively, the project phases are known as _. a. Project Slack b. Float c. Project Life Cycle d. Implementation time

Project Life Cycle

Which of the following are the project constraints defined by PMI? a. Scope, Quality, Schedule, Budget, Resources and Risk b. Quality, Procurement, Schedule, Budget, Resources and Risk c. Scope, Quality, Communication, Budget, Resources and Risk d. Scope, Quality, Schedule, Budget, Communication and Risk

Scope, Quality, Schedule, Budget, Resources and Risk

Which conflict resolution technique should be used when the deadline is critical and tasks are at risk of slipping? a. Smooth/Accommodate b. Force/Direct c. Collaborate/Problem d. Solve Compromise/reconcile

Force/Direct

Your most recent project status report contains the following information: EV = 3,000, AC = 3,500, and PV = 4,000. The Schedule Variance is a. 1000 b. 500 c. -500 d. -1000

-1000 the formula is SV = EV- PV. In this case EV=3000, PV=4000, the difference is a negative 1000

Johnny is the Project Manager of the Galaxy Project. Quality audits of the deliverables show there are several problems in the product. The organization has asked Johnny to create a chart showing the distribution of problems and their frequencies. Which of the following is the right Tool/Technique to assist Johnny? a. Pareto Diagram b. Ishikawa Chart c. Control Chart d. Flowchart

Pareto Diagram

After a review of your project, EV is 42% against PV of 50%. The Project Manager intends to make up for 5%. The Project Sponsor has set aside $100,000 as management reserve and has authorized the Project Manager use of this reserve. Instead of using it to hire temporary labor or pay overtime, the Project Manager is using it as an incentive for the team to catch up in 60 days. If the team achieves the deadlines, the money will be used to take the team members and their guests to Miami for an all-expenses-paid weekend. What type of power is the Project Manager exercising? a. Referent b. Reward c. Coercive d. Expert

Reward

Which leadership style throws open the problem to the group for discussion and simultaneously allows or encourages the entire group to make the relevant decision? a. Coach b. Facilitator c. Director d. Supporter

Facilitator

Failure to properly archive can have severe consequences. An archiving system should NOT: a. Cater for every document and record type, e.g., book, drawing, report, letters, minutes, specifications, e-mails, etc. b. List and index all documents and state where they are stored and the media type. c. Have slow retrieval access controls. d. Ensure that electronic media is future proof.

Have slow retrieval access controls.

The standard deviations for the four tasks on a particular path are 3, 5, 10, and 3. What is the standard deviation for the entire path? a. You cannot determine the standard deviation with the information given. b. 11.95 c. 5.8 d. 143

11.95 In this problem, to arrive at the standard deviation(SD) for the entire path, you must work through three steps Step 1: Square the SDs for each activity; Step 2: Add the results; and Step 3: Find the square root of the sum. Step 1: 3 x 3 = 9, 5 x 5 = 25, 10 x 10 = 100, and 3 x 3 = 9. Step 2: 9 + 25 + 100 + 9 = 143. Step 3: square root of 143 = 11.95 (11.95 x 11.95 = 142.8).

As a Project Manager, you are looking at defects in all the inspection runs for the past year, and you notice that the number of flaws per inspection increases over time. You create a quality task force to try to figure out what is causing these defects. Which process are you in? a. Control Quality b. Manage Quality c. Plan Quality Management d. Quality Planning

Manage Quality

The Precedence Diagramming Method creates a network of activities and uses boxes to show the activities and arrows to link them. This method is also known as _. a. Activity-on-Node b. Activity-on-Arrow c. Critical Path Method d. None of the above

Activity-on-Node

Project Staff Assignments is an Output of the Acquire Resources process. It is an Input to the . a. Develop Team process b. Plan Resource Management process c. Staff Planning process d. Human Staffing process

Develop Team process

You have to ensure that appropriate Tools/Techniques are used for performing the process of Conduct Procurements. Which one of the following is NOT a Tool/Technique for this process? a. Facilitated Workshops b. Constrained Optimization c. Alternatives Generation d. Procurement Negotiations

Alternatives Generation

The Project Manager has asked John to estimate the cost of his activity so as to complete project cost estimating. He is not confident of the cost estimates and seeks help from his colleague, who asks him to identify the optimistic, pessimistic, and most likely estimates of his activity. John has identified the following values. Pessimistic = $450,000 Optimistic = $330,000 Most Likely = $360,000 What would be the estimated cost for his activity? a. $370,000 b. $190,000 c. $355,000 d. None of the above

$370,000 the PERT technique. The Three-Point Estimating calculation is Optimistic plus 4(Most Likely) plus Pessimistic, all divided by 6. In this problem, that would be: $330,000 + 4($360,000) + $450,000/6 – or $330,000 + $1,440,000 + $450,000/6 – or $2,220,000/6 = $370,000. Introduced in Time estimation as a tool it is used in Time, Cost, Risk and Procurement.

Communicating and working with stakeholders to address their issues and meet their needs is an objective of which process? a. Manage Communications b. Identify Stakeholder Needs c. Manage Stakeholder Engagement d. Monitor Communications

Manage Stakeholder Engagement

Validate Scope is the process of formalizing acceptance of the completed project deliverables. When should this process be done? a. At the beginning of the project b. During the planning processes c. Prior to Close Project or Phase d. At the end of the project

Prior to Close Project or Phase

As the time in the Project Life Cycle passes by, the ability to influence risk and cost in the project a. Increases b. Decreases c. Increases and decreases d. There is no fixed pattern

Decreases

During the planning phase of your project, your project team has developed several different methods for completing a part of the project scope. This is an example of a. Risk Analysis b. Alternatives Generation c. Alternative Selection d. Product Analysis

Alternatives Generation

Which of the following is NOT a Tool/Technique in the Plan Quality Management process? a. Control Chart b. Cost of Quality c. Design of Experiments d. Process Analysis

Process Analysis

Which of the following is an on-going and coordinated management of a group of projects that may be either interrelated or independent and contribute to common strategic objectives? a. Project Management b. Program Management c. Portfolio Management d. Personal Management

Portfolio Management

A Schedule Compression technique with overlapping phases or activities that would normally happen sequentially is known as _. a. Crashing b. Fast Tracking c. Float d. Lag

Fast Tracking

Your organization uses Earned Value Management to assess project health. As a Project Manager, you will use EVM during which of the following? a. Controlling processes b. Executing processes c. Entire project d. Closing processes

Entire project

Which of the following is a Tool/Technique for the Close Project or Phase process? a. Expert Judgment b. Accepted Deliverables c. Project Charter d. Project Management Plan

Expert Judgment

Outputs of the Control Costs process include all of the following except . a. Cost Forecasts b. Change Requests c. Work performance information d. Cost Baseline

Cost Baseline

In which document will you find the code of account identifier, description of work, responsible organization, and list of schedule milestones? a. WBS b. WBS Dictionary c. PERT / CPM Charts d. Role and Responsibility Matrix

WBS Dictionary

The Cost Baseline is an Output of which Cost Management process? a. Estimate Costs b. Estimate Activity Durations c. Determine Budget d. Determine Costs

Determine Budget

As the project progresses, the cost of change is expected to _____. a. Reduce b. Increase c. Increase and later reduce d. Has no effect

Increase

Management wants to be sure that a project is following defined Corporate and Project quality standards. Of the following, which one would they use to determine that the project is in fact following these defined quality standards? a. Risk Management Plan b. Work Breakdown Structure (WBS) c. Statement of Work d. Quality Audit

Quality Audit

ou are working in the Project Office of your organization. What is your role most likely to be? a. Managing the different activities of a project b. Always being responsible for the results of the project c. Providing support functions to Project Managers in the form of training, software, templates, etc. d. Providing subject matter expertise in the functional areas of the project

Providing support functions to Project Managers in the form of training, software, templates, etc.

Which of the following is NOT one of Crosby’s Four Absolutes of Quality? a. Aim is zero defects b. Conformance to requirements c. Cost of Quality cannot be measured d. Quality comes from prevention

Cost of Quality cannot be measured

An example of scope validation is: a. Reviewing the performance acceptability of an installed software module b. Managing changes to the project schedule c. Decomposing the WBS to a work package level d. Performing a benefit/cost analysis to determine if we should proceed with the project

Reviewing the performance acceptability of an installed software module

Two stakeholders have begun fighting over functionality on your project. Who should resolve this conflict? a. Senior management b. Project Manager c. Sponsor d. Customer

Project Manager

One of the Project Manager’s major responsibilities is to coordinate project resources to carry out the project as per the Project Management Plan. In which process group do the processes help the Project Manager fulfill this responsibility? a. Monitoring & Controlling b. Closing c. Planning d. Executing

Executing

Which of the following is a phased budget used to measure and monitor cost performance? a. Cost Baseline b. Cost Management Plan c. EAC d. Chart of Accounts

Cost Baseline

Analysis is a technique used to gather and analyze qualitative and quantitative information that can be used in determining whose interests need to be considered throughout the Project Life Cycle. a. Stakeholder b. Perform Qualitative Risk c. Perform Quantitative Risk d. Both b and c

Stakeholder

You are in the process of auditing the various project processes and their performance. Which of the following is the LEAST appropriate Tool/Technique to use in this process? a. Process Decision Program Charts b. Prioritization Matrices c. Activity Network Diagrams d. Variance Analysis

Variance Analysis

_____ is an iterative process that should be reviewed regularly by the Project Manager over the life of the project. a. Plan Stakeholder Engagement b. Develop WBS c. Control Scope d. Schedule Management

Plan Stakeholder Engagement

Which of the following is a “hygiene factor” according to Herzberg’s Motivation-Hygiene Theory? a. Recognition for excellent work b. Self-actualization c. Good relations with co-workers and managers d. Clean clothing

Good relations with co-workers and managers

PMI believes Professionalism and Ethical behavior are pre-requisites to Project Management. Which of the following are NOT categories of people who are covered by the code of conduct: a. All Project Managers b. All PMI members c. Non-members of PMI that hold a PMI Certification d. Non-members of PMI that are PMI Volunteers

All Project Managers

You are the Project Manager where the project’s product has to be of very high quality to be competitive in the market. To create quality awareness, you address your project team about the importance of quality. In order to achieve the maximum benefits from the quality management processes in your project, what will be the most suitable approach towards quality? a. It will cost more money to build quality into the project b. Quality is prevention driven c. Quality is inspection driven c. It will cost less money to build quality into the project process

Quality is prevention driven

The Project Manager can exercise different powers during the Project Life Cycle, as needed. Which of the following represents the power that is a subset of Legitimate Power and involves the ability to give prize to people in exchange for positive achievements? a. Legitimate Power b. Coercive Power c. Reward Power d. Referent Power

Reward Power

The activity “Ship Container” in your network diagram has an early start of day 17, a late start of day 22, and a late finish of day 37. What is the activity duration? a. 15 days b. 16 days c. 59 days d. 14 days

16 days In this problem, the scenario provides the Late Start date – day 22 – and the Late Finish date – day 37. Therefore, 37 – 22 = 15 + 1 = 16

You are the Project Manager for the Moon Project. As part of quality management, you have listed the cost of quality, both for conformance and non-conformance. Which of the following is not an attribute of the cost of non-conformance? a. Safety measures b. Downtime c. Loss of customers d. Rework

Safety measures

As the Project Manager, you are currently estimating costs for your project. You are using the Analogous Estimating technique, which is best described as a. Least accurate b. Bottom Up estimating c. Regression Analysis d. Most accurate

Least accurate

John provides a list of key risks and states their risk response strategies to his manager as his Risk Management Plan. Why does his manager, Jeff, a PMP, ask him to redo his plan? a. A list of project risks is an Output of risk identification b. The Risk Management Plan defines the approaches, tools, and data sources used to perform risk management, roles and responsibilities, budgeting, timing, risk categories, revised stakeholders’ tolerances, reporting formats and tracking but not the risks c. The risk list should also include triggers d. John has not involved the project team

The Risk Management Plan defines the approaches, tools, and data sources used to perform risk management, roles and responsibilities, budgeting, timing, risk categories, revised stakeholders’ tolerances, reporting formats and tracking but not the risks

You are the Project Manager for the ABC Project. Initially, you identified 5 stakeholders in your project. As the project moved ahead, 5 more stakeholders got involved in the project. Assuming that they all need to communicate with each other, how many additional communication channels are there? a. 5 b. 45 c. 35 d. Cannot be evaluated

35 Step 1: n(n – 1)/2 = 5(4)/2 = 10. Then Step 2: n(n – 1)/2 = 10(9)/2 = 45. And finally, Step 3: 45 – 10 = 35.

Which of the following is the Output from the Monitor Communications process? a. Communication Methods b. Organizational process assets updates c. Information Management Systems d. Project Communications

Organizational process assets updates

The duration of an activity has the following estimates – optimistic: 25 days; most likely: 48 days; and pessimistic: 65 days. Which of the following is the time estimate of this activity based on the Beta Distribution? a. 43 days b. 49 days c. 47 days d. 48 days

47 days This question tests the student’s understanding of the Three-Point Estimating technique which is based on Beta Distribution. The Three-Point Estimating calculation is (Optimistic + 4(Most Likely) + Pessimistic) / 6. In this problem, that would be (25 + 4(48) + 65)/6 or (25 + 192 + 65)/6; 282/6 = 47.

The _____ is the document that is comprised mainly of identification information, assessment information, and stakeholder classification information? a. Stakeholder Management Plan b. Stakeholder Engagement Assessment Matrix c. Stakeholder Register d. Project Management Plan

Stakeholder Register

Key benefits of Developing a Project Charter include all of the following except: a. The Charter provides a well-defined project start and project boundaries b. The Charter creates a formal record of the Project c. The Charter formally authorizes the budget of the Project d. The Charter provides a direct way for Senior Management to accept and commit to the project

The Charter formally authorizes the budget of the Project

The Tools/Techniques for Perform Integrated Change Control include: a. Expert Judgment b. Expert Judgment, Meetings c. Meetings d. Change Log, Project Management Plan

Expert Judgment, Meetings