Udemy 1 Flashcards

1
Q

Question 1:
The original scope baseline of your project was budgeted at $150,000, and there have been 14 approved changes to the project. The changes have a value of $15,000, and the cost of investigating them before their approval was $2,000. What is the current budget for the project?
$133,000
$167,000
$135,000
$180,000

A

Question 1SkippedThe original scope baseline of your project was budgeted at $150,000, and there have been 14 approved changes to the project. The changes have a value of $15,000, and the cost of investigating them before their approval was $2,000. What is the current budget for the project?$133,000Correct answer$167,000​$135,000$180,000Overall explanationThe current budget of the project contains the initial project budget + the cost of changes + the cost of investigation of the feasibility of changes. The answer is $150,000+$15,000+$2,000 = $167,000

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2
Q

Question 2:
Your project team reported the following earned value data: PV = $16,000,000 , EV = $18,500,000 , AC = $18,500,000. What is your project status?
The project is over budget and on schedule.
The project is under budget and on schedule.
The project is on budget and ahead of schedule.
The project is on budget, but behind schedule.

A

Question 2SkippedYour project team reported the following earned value data: PV = $16,000,000 , EV = $18,500,000 , AC = $18,500,000. What is your project status?The project is over budget and on schedule.The project is under budget and on schedule.Correct answerThe project is on budget and ahead of schedule.​The project is on budget, but behind schedule.Overall explanationWhen EV = AC, the project is on budget; when EV > PV, the project is ahead of schedule.

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3
Q

Question 3:
A quality control member informed the project manager about a one-week schedule delay to complete the testing phase. What should the project manager do first?
Crash the schedule.
Negotiate with the customer for a change in the schedule.
Check whether this task is on the critical path.
Take corrective action to minimize the impact of delay.

A

Question 3SkippedA quality control member informed the project manager about a one-week schedule delay to complete the testing phase. What should the project manager do first?Crash the schedule.Negotiate with the customer for a change in the schedule.Correct answer​Check whether this task is on the critical path.Take corrective action to minimize the impact of delay.Overall explanationBefore you take corrective action, you need to determine the impact of the delay. For example, if the task has a 3 week float, so if it is delayed for one week, you don’t need to take any corrective action.

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4
Q

Question 4:
You are working as a project manager, and you have noticed that some of your team members are not able to work as a team. You are concerned about this and have decided to improve their performance as one core unit. Which of the following would be most suited for this purpose?
Use communication technology like shared portals, audio/video conferencing and email/chat
Use awards and recognition to improve their performance as one team
Co-locate the team members
Allow them to work as a virtual team using latest collaboration technology

A

Question 4SkippedYou are working as a project manager, and you have noticed that some of your team members are not able to work as a team. You are concerned about this and have decided to improve their performance as one core unit. Which of the following would be most suited for this purpose?Use communication technology like shared portals, audio/video conferencing and email/chatUse awards and recognition to improve their performance as one teamCorrect answer​Co-locate the team membersAllow them to work as a virtual team using latest collaboration technologyOverall explanationColocation, or bringing the team members together in one location, will enhance their ability to perform as a team and improve their communication. PMBOK 6, Page 340

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5
Q

Question 5:
One of your equipment vendors called you, stating that due to the current global health condition caused by COVID 19, he would not be able to deliver the equipment on time. You were able to respond to this risk by renting the required equipment from the local market until yours arrived. This response is an example of:
risk acceptance
risk exploitation
risk mitigation
risk avoidance

A

Question 5SkippedOne of your equipment vendors called you, stating that due to the current global health condition caused by COVID 19, he would not be able to deliver the equipment on time. You were able to respond to this risk by renting the required equipment from the local market until yours arrived. This response is an example of:risk acceptancerisk exploitationCorrect answerrisk mitigation​risk avoidanceOverall explanationRisk mitigation means a reduction in the probability or impact of an adverse risk event. Renting the equipment reduces the consequences of the threat in this specific situation.

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6
Q

Question 6:
Your company is being sold out, and the project you are working on is terminated. As a project manager, what should you do first?
Review the project charter as the details for the buyout are contained there.
Begin filing all of the documents as part of lessons learned.
Complete procurements closure as part of the Control Procurements process.
Review the project management plan for closing the project.

A

Question 6SkippedYour company is being sold out, and the project you are working on is terminated. As a project manager, what should you do first?Review the project charter as the details for the buyout are contained there.Begin filing all of the documents as part of lessons learned.Correct answerComplete procurements closure as part of the Control Procurements process.Review the project management plan for closing the project.Overall explanationFirst, the project manager needs to Complete procurements closure as part of the Control Procurements process, and then move to the process “Close Project or Phase”. PMBOK 6, Pages 499,123

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7
Q

Question 7:
While working with your project team on calculating the cost of your project tasks, you had one task with an estimation of $15. The most likely estimation was $12, but in the best scenario, it was $10. What was your team’s pessimistic value using beta distribution?
$20
$28
$32
$38

A

Question 7SkippedWhile working with your project team on calculating the cost of your project tasks, you had one task with an estimation of $15. The most likely estimation was $12, but in the best scenario, it was $10. What was your team’s pessimistic value using beta distribution?$20$28Correct answer​$32$38Overall explanationThe question requests a pessimistic value. Activity Cost = 15, most likely = 12, best scenario = optimistic = 10, so: 15 = (10+4*12+P)/6, so P = $32.

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8
Q

Question 8:
You are a project manager on a software development project. As a result of your daily observation and conversation, you noticed that some of the team members need training to improve their skills. What should you do first?
Update Project Budget
Schedule training sessions for the team members to optimize their performance.
Kick out the low performing member and acquire new highly skilled member
Review the Resource Management Plan

A

Question 8SkippedYou are a project manager on a software development project. As a result of your daily observation and conversation, you noticed that some of the team members need training to improve their skills. What should you do first?Update Project BudgetSchedule training sessions for the team members to optimize their performance.Kick out the low performing member and acquire new highly skilled memberCorrect answerReview the Resource Management PlanOverall explanationThe Resource Management Plan includes training strategies and methods for developing the project team. PMBOK 6, Page 319

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9
Q

Question 9:
Your company hired a third party to do the maintenance of your workshop machines at the project site. The billing is based on the actual spare parts used and the time needed to do the maintenance. Which type of contract is this an example of?
Cost reimbursable
Fixed price plus incentive fee
Firm fixed price
Time and material

A

Question 9SkippedYour company hired a third party to do the maintenance of your workshop machines at the project site. The billing is based on the actual spare parts used and the time needed to do the maintenance. Which type of contract is this an example of?​Cost reimbursable​Fixed price plus incentive feeFirm fixed priceCorrect answer​Time and materialOverall explanationTime and material contracts are often used for staff augmentation, the acquisition of experts, and any outside support when a precise statement of work cannot be quickly prescribed. PMBOK 6, Page 472.

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10
Q

Question 10:
You are working as a project manager to construct a school building, and your customer requested a change to the color of one of the classrooms. Your team assessed the impact of the change, and it was concluded that this change would not impact any of the plans or baselines. In this scenario, who usually approves such changes?
The project manager
The sponsor
The CCB (change control board)
The customer

A

Question 10SkippedYou are working as a project manager to construct a school building, and your customer requested a change to the color of one of the classrooms. Your team assessed the impact of the change, and it was concluded that this change would not impact any of the plans or baselines. In this scenario, who usually approves such changes?Correct answer​The project manager​The sponsorThe CCB (change control board)The customerOverall explanationDecisions on changes that do not impact plans or baselines are usually made by the project manager. If baselines are going to be impacted, then the approval decisions are made by the CCB (change control board), and additionally, by the customer and sponsor if they are not part of the CCB already.

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11
Q

Question 11:
Your current project phase has eight activities, from A to H. A and E can start at the same time. A must finish before B starts. B must finish before C and F start. C must finish before D starts. E must finish before F and G start. F and G must finish before H starts. C and H must finish before D starts. Duration of: A = 5, B = 8, C = 15, D = 10, E = 6, F = 9, G = 19, H = 5. What is the critical path?
ABFHD
EGHD
ABCD
EFHD

A

Question 11SkippedYour current project phase has eight activities, from A to H. A and E can start at the same time. A must finish before B starts. B must finish before C and F start. C must finish before D starts. E must finish before F and G start. F and G must finish before H starts. C and H must finish before D starts. Duration of: A = 5, B = 8, C = 15, D = 10, E = 6, F = 9, G = 19, H = 5. What is the critical path?ABFHDCorrect answerEGHDABCDEFHDOverall explanationAfter drawing the network diagram, EGHD is the longest path, with 40 days.

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12
Q

Question 12:
You work as a project manager on a software development project, and the project is at its final stage. What document should you review to ensure that all project work is completed and the project has met its objectives before considering the project closed?
Procurement Management Plan
Communications management plan
Project management plan
Scope management plan

A

Question 12SkippedYou work as a project manager on a software development project, and the project is at its final stage. What document should you review to ensure that all project work is completed and the project has met its objectives before considering the project closed?​Procurement Management Plan​Communications management planCorrect answer​Project management plan​Scope management planOverall explanationWhen closing the project, the project manager should review the project management plan to ensure that all project work is completed and the project has met its objectives. PMBOK 6, Page 123.

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13
Q

Question 13:
As a project manager, you need to prepare a quarterly report for the project sponsor. To prepare this report, you need to collect work performance data and convert it into work performance information. Which of the following processes generates work performance data?
Direct and Manage Project Work
Develop Project Management Plan
Manage Quality
Manage Project Knowledge

A

Question 13SkippedAs a project manager, you need to prepare a quarterly report for the project sponsor. To prepare this report, you need to collect work performance data and convert it into work performance information. Which of the following processes generates work performance data?Correct answerDirect and Manage Project WorkDevelop Project Management PlanManage QualityManage Project KnowledgeOverall explanationWork performance data is produced during “Direct and Manage Project Work” process. PMBOK 6, Page 90

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14
Q

Question 14:
A project in the final stage of testing received a change request from the customer. This change will delay the final delivery of the project by two weeks. What should the project manager do next?
Communicate the implication of the change to the customer
Adjust the project management plan and baseline
Create a change request and go through the change management process
Evaluate the impact of the change on schedule

A

Question 14SkippedA project in the final stage of testing received a change request from the customer. This change will delay the final delivery of the project by two weeks. What should the project manager do next?Correct answerCommunicate the implication of the change to the customerAdjust the project management plan and baselineCreate a change request and go through the change management processEvaluate the impact of the change on scheduleOverall explanationThe next step is to communicate the impact of the change on the final delivery to the customer and get his approval, especially because it affects the final delivery date of the project. The options (evaluate the impact of the change on schedule) and (create a change request and go through the change management process) are already completed by the team as they have already assessed the impact of the delay on schedule. Option (Adjust the project management plan and baseline) will come after the change request approval.

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15
Q

Question 15:
During the kick-off meeting, who should present the implementation strategy of the project?
Project manager
Project Sponsor
The Customer
PMO Representative

A

Question 15SkippedDuring the kick-off meeting, who should present the implementation strategy of the project?Correct answerProject managerProject SponsorThe CustomerPMO RepresentativeOverall explanationDuring the kick-off meeting, the project manager presents the implementation strategy of the project and the sponsor presents the organization strategy.

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16
Q

Question 16:
As a project manager, your sponsor asked you about the roles of different stakeholders in the project. What document should you direct the sponsor to review?
Team Charter
Stakeholder’s engagement assessment matrix
Stakeholder management plan
Stakeholder Register

A

Question 16SkippedAs a project manager, your sponsor asked you about the roles of different stakeholders in the project. What document should you direct the sponsor to review?Team CharterStakeholder’s engagement assessment matrix​Stakeholder management planCorrect answerStakeholder RegisterOverall explanationThe Stakeholder Register includes information about the stakeholders such as name, organizational position, location, contact details, and role in the project. PMBOK 6, Page 514.

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17
Q

Question 17:
During the execution phase of your project, your project team devised a new response to an existing risk that will shorten the project’s timeline by 15 days. What document should the project manager update?
Risk management plan
Cost Management Plan
Risk register
Schedule management plan

A

Question 17SkippedDuring the execution phase of your project, your project team devised a new response to an existing risk that will shorten the project’s timeline by 15 days. What document should the project manager update?​Risk management plan​Cost Management PlanCorrect answer​Risk register​Schedule management planOverall explanationThe risk register is updated when appropriate risk responses are chosen and agreed upon. PMBOK 6, Page 448.

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18
Q

Question 18:
You are working as a project manager, and one of your vendors sent you an invoice for $20,000. However, your team believes the correct total due is $15,000. If the vendor still insists on $20,000, what is the best action now?
Pay $15,000 as per your team feedback.
Negotiate with the vendor
Pay $20,000 and close the case.
File a lawsuit

A

Question 18SkippedYou are working as a project manager, and one of your vendors sent you an invoice for $20,000. However, your team believes the correct total due is $15,000. If the vendor still insists on $20,000, what is the best action now?Pay $15,000 as per your team feedback.Correct answerNegotiate with the vendor​Pay $20,000 and close the case.File a lawsuitOverall explanationThe best possible action is to negotiate with the vendor. The PMI Code of Ethics mandates good faith negotiations. Failing to negotiate will not be in the best interest of either the project or the vendor. PMBOK 6, Page 498

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19
Q

Question 19:
You are a project manager in a company that has signed a fixed-price contract with the seller organization to finalize the project requirements. Which of the following estimating techniques would be best to estimate the activity cost?
Bottom-up-Estimating
Parametric Estimating
Analogous Estimating
Three Point Estimating

A

Question 19SkippedYou are a project manager in a company that has signed a fixed-price contract with the seller organization to finalize the project requirements. Which of the following estimating techniques would be best to estimate the activity cost?Correct answerBottom-up-EstimatingParametric EstimatingAnalogous EstimatingThree Point EstimatingOverall explanationSince this is a fixed-price contract, the scope and the WBS should be well defined in advance. Bottom-up will give you the most accurate estimates in this case.

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20
Q

Question 20:
The second level of RBS includes Regulatory and Legislation. In which category are these risks included?
External Risk
Management Risk
Technical Risk
Commercial Risk

A

Question 20SkippedThe second level of RBS includes Regulatory and Legislation. In which category are these risks included?Correct answerExternal RiskManagement RiskTechnical RiskCommercial RiskOverall explanationRefer to figure 11-4. Risk Breakdown Structure (RBS). PMBOK 6, Page 406.

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21
Q

Question 21:
A company has created an electronic network to share information between stakeholders and keep it accessible all the time. Which communication method was used by this company?
Multidirectional communication
Interactive communication
Push communication
Pull communication

A

Question 21SkippedA company has created an electronic network to share information between stakeholders and keep it accessible all the time. Which communication method was used by this company?​Multidirectional communication​Interactive communicationPush communicationCorrect answer​Pull communicationOverall explanationAn electronic network is a form of Pull communication. PMBOK 6, Page 374.

22
Q

Question 22:
Quality metrics are defined during which process?
Plan Quality Management
Manage Quality
Define Scope
Collect Requirements

A

Question 22SkippedQuality metrics are defined during which process?Correct answerPlan Quality ManagementManage Quality​Define ScopeCollect RequirementsOverall explanationQuality metrics are operational definitions that describe a project or product attribute in very specific terms. They also define how the quality control process will measure it. These metrics are outputs of the Plan Quality Management process. PMBOK 6, Page 287.

23
Q

Question 23:
What is the purpose of the project kick-off meeting?
The project manager gains commitment from the key stakeholders.
Approved project charter
Discuss the project Schedule
It introduces the project goals/objectives.

A

Question 23SkippedWhat is the purpose of the project kick-off meeting?Correct answerThe project manager gains commitment from the key stakeholders.​Approved project charterDiscuss the project Schedule​It introduces the project goals/objectives.Overall explanationThe project kick-off meeting is usually associated with the end of planning and the start of executing. Its purpose is to communicate the objectives of the project, gain the commitment of the team for the project, and explain the roles and responsibilities of each stakeholder. PMBOK 6, Page 86.

24
Q

Question 24:
You were recently assigned as the project manager for a process development project in your organization, and you don’t have prior experience managing such projects. What should you do?
Meet with the sponsor
Seek expert judgement
Review the project charter
Refer to the project statement of work (SOW).

A

Question 24SkippedYou were recently assigned as the project manager for a process development project in your organization, and you don’t have prior experience managing such projects. What should you do?Meet with the sponsorCorrect answer​Seek expert judgement​Review the project charter​Refer to the project statement of work (SOW).Overall explanationSince the project manager doesn’t have prior experience, he should seek expert judgment for further guidance.

25
Q

Question 25:
Your customer sent a change request last month, and till now, he hasn’t received any response. How can you solve this situation?
By reviewing the communications management plan
Meet your team members to understand why it was missed
By reviewing the risk register
By reviewing the issue log

A

Question 25SkippedYour customer sent a change request last month, and till now, he hasn’t received any response. How can you solve this situation?Correct answerBy reviewing the communications management planMeet your team members to understand why it was missedBy reviewing the risk registerBy reviewing the issue logOverall explanationThe communications management plan contains information such as stakeholder communication requirements, timeframe, and frequency for information distribution, the person responsible for communicating the information, and the person or groups who will receive the information since the customer didn’t get a response about the change request. Since the customer didn’t receive an update about the change request status, there is a problem with information distribution, and the project manager needs to check the communications management plan. PMBOK 6, Page 377

26
Q

Question 26:
You are the project manager for the construction project of a water treatment plant, and a new team member has just joined your team. You want the new team member to engage quickly and effectively with the project stakeholders. What should you do?
Schedule a meeting with the new team members and all project stakeholders
Ask the team members to check the Project Charter for Key Stakeholders list
Review the stakeholder register with the new team members
Submit a change request to update the stakeholder engagement plan

A

Question 26SkippedYou are the project manager for the construction project of a water treatment plant, and a new team member has just joined your team. You want the new team member to engage quickly and effectively with the project stakeholders. What should you do?Schedule a meeting with the new team members and all project stakeholdersAsk the team members to check the Project Charter for Key Stakeholders listCorrect answerReview the stakeholder register with the new team membersSubmit a change request to update the stakeholder engagement planOverall explanationThe stakeholder register is a project document that contains all current information about the stakeholders. By reviewing the stakeholder register with the new team member, the project manager can provide him with information about each project stakeholder, the politics surrounding the project, and other relevant details about the project and the stakeholders that may help the new member.

27
Q

Question 27:
You are working as a project manager, and your sponsor asked you to reduce the number of quality inspections and lower the cost of quality control for your project. Which technique should you use?
Statistical Sampling
Histogram
Auditing
Pareto Chart

A

Question 27SkippedYou are working as a project manager, and your sponsor asked you to reduce the number of quality inspections and lower the cost of quality control for your project. Which technique should you use?Correct answer​Statistical Sampling​Histogram​Auditing​Pareto ChartOverall explanationStatistical sampling will provide sufficient inspection to ensure a high likelihood of a quality product while saving money for the project. PMBOK 6, Page 303.

28
Q

Question 28:
During the project initiation phase, the project manager supported the sponsor in creating the project charter, and now it has been approved. Which of the following processes should be performed next?
Develop Project Charter
Plan Scope Management
Identify stakeholder
Identify Risks

A

Question 28SkippedDuring the project initiation phase, the project manager supported the sponsor in creating the project charter, and now it has been approved. Which of the following processes should be performed next?Develop Project CharterPlan Scope ManagementCorrect answerIdentify stakeholder​Identify RisksOverall explanationAfter developing the project charter and getting it approved, the next step should be to “identify stakeholders.” “Identify risk” is a planning process that comes later, and “Plan scope management” is the next process after identifying the stakeholders.

29
Q

Question 29:
You are a project manager for the construction of a new building in a typhoon area that contains high risk and may impact the schedule and quality. As a project manager, what is your best possible action?
Outsource the project and transfer the risk
Develop the risk management plan and establish a management reserve
Establish a contingency reserve in case the typhoon happened
Perform Quantitative Risk Analysis, and plan risk response

A

Question 29SkippedYou are a project manager for the construction of a new building in a typhoon area that contains high risk and may impact the schedule and quality. As a project manager, what is your best possible action?Correct answerOutsource the project and transfer the riskDevelop the risk management plan and establish a management reserve​Establish a contingency reserve in case the typhoon happenedPerform Quantitative Risk Analysis, and plan risk responseOverall explanationThe best risk response strategy appropriate for this project is “outsource the project and transfer the risk” to complete the work and shift the ownership of the threat to a third party to manage the risk and bear the impact if the threat occurs.

30
Q

Question 30:
Part of your project scope contains activities with a high risk that are difficult for you to manage. Therefore, you decided to outsource that specific part of the scope to a third party to execute. What kind of risk response strategy is this?
Accept
Transfer
Avoid
Enhance

A

Question 30SkippedPart of your project scope contains activities with a high risk that are difficult for you to manage. Therefore, you decided to outsource that specific part of the scope to a third party to execute. What kind of risk response strategy is this?AcceptCorrect answerTransferAvoidEnhanceOverall explanationIn a transfer risk response strategy, you transfer the ownership of risk to a third party. It is their responsibility to manage the risk once it happens. PMBOK 6, Page 443.

31
Q

Question 31:
A project consists of five activities: A, B, C, D, and E. Task A begins on day 1 and will take two days to complete. Task B will take 6 days to complete and cannot be begun until Task A is finished. Task C will take 4 days to complete and cannot begin before task A is finished, and must be completed before task D begins. Task D will take 8 days to complete and won’t be able to begin until Task B is completed. Task E will take 1 day to complete and cannot begin until Task D is completed. What is the duration of the critical path?
17 Days
14 Days
10 Days
19 Days

A

Question 31SkippedA project consists of five activities: A, B, C, D, and E. Task A begins on day 1 and will take two days to complete. Task B will take 6 days to complete and cannot be begun until Task A is finished. Task C will take 4 days to complete and cannot begin before task A is finished, and must be completed before task D begins. Task D will take 8 days to complete and won’t be able to begin until Task B is completed. Task E will take 1 day to complete and cannot begin until Task D is completed. What is the duration of the critical path?Correct answer17 Days14 Days10 Days19 DaysOverall explanationPath (1) A-B-D-E= 17 Days. Path (2) A-C-D-E= 15 Days. So the duration of the critical path is 17 days

32
Q

Question 32:
Which of the following must be included in the project charter?
Project exit criteria
Budget estimates
Risk analysis
Scope statement

A

Question 32SkippedWhich of the following must be included in the project charter?Correct answerProject exit criteriaBudget estimatesRisk analysisScope statementOverall explanationThe project charter should include the Project Exit criteria (what are the conditions to be met in order to close or to cancel the project or phase), PMBOK 6th edition, Page 81.

33
Q

Question 33:
Which of the following documents ensures a common understanding by the stakeholders at a high level of the key deliverables, milestones, and the roles and responsibilities of everyone involved in the project?
Stakeholder Engagement Plan
Stakeholder register
Project Scope Statement
Project charter

A

Question 33SkippedWhich of the following documents ensures a common understanding by the stakeholders at a high level of the key deliverables, milestones, and the roles and responsibilities of everyone involved in the project?Stakeholder Engagement PlanStakeholder registerProject Scope StatementCorrect answer​Project charterOverall explanationAt a high level, the project charter ensures a common understanding by the stakeholders of the key deliverables, milestones, and the roles and responsibilities of everyone involved in the project. PMBOK 6, Page 81

34
Q

Question 34:
As a project manager, which document will help you check if your project aligns with the organizational goals?
Business need
Business Case
Project Management Plan
Issue log

A

Question 34SkippedAs a project manager, which document will help you check if your project aligns with the organizational goals?​Business needCorrect answer​Business CaseProject Management Plan​Issue logOverall explanationThe business case provides the basis to measure success and progress throughout the project life cycle by comparing the results with the objectives and the identified success criteria. PMBOK 6, Page 546.

35
Q

Question 35:
You are a project manager, and you are about to conduct a project kick-off meeting to communicate the start of the project. In which phase is the project now?
Executing
Planning
Closing
Initiating

A

Question 35SkippedYou are a project manager, and you are about to conduct a project kick-off meeting to communicate the start of the project. In which phase is the project now?ExecutingCorrect answer​Planning​Closing​InitiatingOverall explanationThe project kick-off meeting is usually associated with the end of planning and the start of executing. PMBOK 6, Page 86.

36
Q

Question 36:
The established upper and lower control limits are 13 and -13 while you have the following data point readings; 1.6, 3.7, 7.8, 9.1, - 6.8, 14, 8.9, 4.2, 0.0, - 5.2. How will you consider this process?
Out of control
It has predictable performance
Can’t be determined
In control

A

Question 36SkippedThe established upper and lower control limits are 13 and -13 while you have the following data point readings; 1.6, 3.7, 7.8, 9.1, - 6.8, 14, 8.9, 4.2, 0.0, - 5.2. How will you consider this process?Correct answerOut of controlIt has predictable performanceCan’t be determinedIn controlOverall explanationThe process is out of control, since there is one point out of control limit (14).

37
Q

Question 37:
You are managing a construction project, and the winter season is approaching. Extreme weather with heavy rain is expected soon, which will affect your milestone progress. The project is over budget, and the project sponsor will not provide additional funding. Which of the following techniques should you use to achieve the milestone before the extreme weather begins?
Fast tracking
Crashing
Resource leveling
What-if scenario analysis

A

Question 37SkippedYou are managing a construction project, and the winter season is approaching. Extreme weather with heavy rain is expected soon, which will affect your milestone progress. The project is over budget, and the project sponsor will not provide additional funding. Which of the following techniques should you use to achieve the milestone before the extreme weather begins?Correct answerFast trackingCrashingResource leveling​What-if scenario analysisOverall explanationSince the project is over budget, you cannot use crashing in this case. The project manager should use fast tracking to achieve the milestone before the extreme weather begins.

38
Q

Question 38:
During the implementation phase, a new sponsor has been assigned to the project. What should be done first?
Update RACI Chart
Update the Project Management Plan
Update Stakeholder Engagement Plan
Update the stakeholder register

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Question 38SkippedDuring the implementation phase, a new sponsor has been assigned to the project. What should be done first?Update RACI ChartUpdate the Project Management PlanUpdate Stakeholder Engagement PlanCorrect answerUpdate the stakeholder registerOverall explanationWhenever a new stakeholder is identified during the project, the first step is to update the stakeholder register.

39
Q

Question 39:
One of the project risks is likely to cause a negative impact of $30,000 with a probability of 50%. At the same time, there is a possibility of saving $20,000 by choosing alternate resources, which has a likelihood of 25%. What is the EMV?
-$17,500
$12,500
-$25,000
-$10,000

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Question 39SkippedOne of the project risks is likely to cause a negative impact of $30,000 with a probability of 50%. At the same time, there is a possibility of saving $20,000 by choosing alternate resources, which has a likelihood of 25%. What is the EMV?​-$17,500​$12,500​-$25,000Correct answer​-$10,000Overall explanationThe expected monetary value of project risks is the sum of the probability multiplied by the impact for each risk (threats have a negative impact value and opportunities have a positive impact value).EMV = -(0.5x$30,000) + (0.25x$20,000) = -$10,000

40
Q

Question 40:
A project manager working on a critical deliverable encountered a change that affected the schedule baseline and the following milestone deliverable. This change cannot be accommodated within the current project management plan. What is the best option for the project manager to proceed further?
Avoid the change as it gravely affects the project deadline
Communicate the implication of this change request to the customer
Explore options to reduce the effect of change
Seek approval from the change control board or project sponsor

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Question 40SkippedA project manager working on a critical deliverable encountered a change that affected the schedule baseline and the following milestone deliverable. This change cannot be accommodated within the current project management plan. What is the best option for the project manager to proceed further?​Avoid the change as it gravely affects the project deadlineCommunicate the implication of this change request to the customer​Explore options to reduce the effect of changeCorrect answer​Seek approval from the change control board or project sponsorOverall explanationChanges that affect the project management plan and performance baseline are generally not the responsibility of the project manager, and these situations need approval from the change control board or project sponsor. Option (Avoid the change as it gravely affects the project deadline) is not a wise move. The fact that the change cannot be accommodated within the current management plan proves that the option (Explore options to reduce the effect of change) was completed. There is no data to support that this change request originated from the customer, so the option (communicate the implications of this change request to the customer) is not the best option. The change could have an internal origin. It is best to first seek approval from the project sponsor.

41
Q

Question 41:
You are the project manager for a project that has an SPI of 0.85 and a CPI of 1.15. How is your project performing?
The project is ahead of schedule and under budget
The project is behind schedule and within budget
The project is on schedule and under budget
The project is behind schedule and over budget

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Question 41SkippedYou are the project manager for a project that has an SPI of 0.85 and a CPI of 1.15. How is your project performing?​The project is ahead of schedule and under budgetCorrect answerThe project is behind schedule and within budgetThe project is on schedule and under budgetThe project is behind schedule and over budgetOverall explanationSPI = 0.85, which is less than 1, which means the project is behind schedule. CPI = 1.15, which is larger than 1, which means the project is within budget.

42
Q

Question 42:
Your team identified the risks associated with the project. What should the project team do next?
Plan Risk Responses.
Perform quantitative risk analysis.
Calculate the Management Reserve.
Create a probability and impact matrix.

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Question 42SkippedYour team identified the risks associated with the project. What should the project team do next?Plan Risk Responses.Perform quantitative risk analysis.Calculate the Management Reserve.Correct answerCreate a probability and impact matrix.Overall explanationQualitative risk analysis is the next process after identifying the risks. The probability and impact matrix is a data representation technique that can be used during the qualitative risk analysis process. PMBOK 6, Page 425

43
Q

Question 43:
You are in the process of getting final acceptance of the deliverables that were developed during the project. Which process are you currently performing?
Monitor and Control Project Work
Close project or phase
Validate Scope
Control Scope

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Question 43SkippedYou are in the process of getting final acceptance of the deliverables that were developed during the project. Which process are you currently performing?Monitor and Control Project WorkCorrect answerClose project or phaseValidate ScopeControl ScopeOverall explanationFinal acceptance of the deliverables is part of the “close project or phase” process. Formal acceptance is part of the “validate scope” process.

44
Q

Question 44:
Your project team used the work breakdown structure while estimating the costs during the planning phase. What was the estimation technique your team used?
Parametric estimating
Analogous estimating
Bottom up estimating
Beta Distribution

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Question 44SkippedYour project team used the work breakdown structure while estimating the costs during the planning phase. What was the estimation technique your team used?Parametric estimatingAnalogous estimatingCorrect answerBottom up estimating​Beta DistributionOverall explanationBottom-up estimating is a method of estimating project duration or cost by aggregating the estimates of the lower-level components of the WBS. PMBOK 6, Page 202.

45
Q

Question 45:
What should the project manager refer to in order to evaluate the resources that have been assigned to his project?
Expert judgement.
Responsibility Assignment Matrix.
Team Charter.
Resource management plan.

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Question 45SkippedWhat should the project manager refer to in order to evaluate the resources that have been assigned to his project?​Expert judgement.​Responsibility Assignment Matrix.Team Charter.Correct answer​Resource management plan.Overall explanationThe resource management plan provides guidance on how project resources should be evaluated, categorized, allocated, managed, and released. The resource management plan also includes the team performance assessment criteria. PMBOK 6, Page 339.

46
Q

Question 46:
You are working as a project manager, and your team reported that SPI is 0.7 and CPI is 1.3. If you decide to improve the execution performance to meet the customer plan, you will:
Crash the project
Apply Resource Leveling
Check tasks which can be removed from baseline
Check with your sponsor for additional funds

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Question 46SkippedYou are working as a project manager, and your team reported that SPI is 0.7 and CPI is 1.3. If you decide to improve the execution performance to meet the customer plan, you will:Correct answer​Crash the project​Apply Resource LevelingCheck tasks which can be removed from baselineCheck with your sponsor for additional fundsOverall explanationSPI is less than 1 (Project behind schedule), CPI is more than 1 (Project under budget, means there are available resources), in this case, the project manager should check the options to Crash the project to return the schedule to meet customer plan

47
Q

Question 47:
You have identified a risk that will negatively affect your IT project. You and your team have decided to use an older version of the operating system because of the high risk associated with the new one. What type of risk strategy are you using?
Exploitation
Mitigation
Avoidance
Transfer

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Question 47SkippedYou have identified a risk that will negatively affect your IT project. You and your team have decided to use an older version of the operating system because of the high risk associated with the new one. What type of risk strategy are you using?ExploitationMitigationCorrect answer​AvoidanceTransferOverall explanationThis is an example of risk avoidance, and the project team decided to avoid using the new operating system because of the high risk associated with it.

48
Q

Question 48:
During the implementation phase, the project manager identified a new project activity that will not affect the project’s end date. What should the project manager do next?
Update the schedule baseline and Begin working on the new task immediately
Update the change log and update the schedule baseline
Create a change request
Ask the sponsor to approve the new activity.

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Question 48SkippedDuring the implementation phase, the project manager identified a new project activity that will not affect the project’s end date. What should the project manager do next?Update the schedule baseline and Begin working on the new task immediately​Update the change log and update the schedule baselineCorrect answer​Create a change request​Ask the sponsor to approve the new activity.Overall explanationAlthough the new project activity does not affect the end date of the project, it may affect the other project constraints, so the project manager should submit the change request first.

49
Q

Question 49:
To create a quality product, the project management team invested in training the project team members. Such a cost is considered as:
Appraisal cost
External Failure cost
Prevention cost
Costs of Nonconformance

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Question 49SkippedTo create a quality product, the project management team invested in training the project team members. Such a cost is considered as:​Appraisal costExternal Failure costCorrect answerPrevention costCosts of NonconformanceOverall explanationInvestments in training and equipment are examples of prevention costs. These costs are also called “Cost of Conformance”. PMBOK 6, Page 282.

50
Q

Question 50:
You are creating a network diagram for your project. Activity A (5 days) can start immediately. Activity B (3 days) can start after Activity A is completed. Activity C (2 days) can start after Activity B is completed. Activity D (4 days) can start after Activities A and B are completed. Activity E (3 days) can start after Activities C and D are completed. While all activities are FS relations, what is the float of Activity D?
3 Days
1 Day
0 Day
2 Days

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Question 50SkippedYou are creating a network diagram for your project. Activity A (5 days) can start immediately. Activity B (3 days) can start after Activity A is completed. Activity C (2 days) can start after Activity B is completed. Activity D (4 days) can start after Activities A and B are completed. Activity E (3 days) can start after Activities C and D are completed. While all activities are FS relations, what is the float of Activity D?3 Days1 DayCorrect answer0 Day2 DaysOverall explanationNote: As the exam time is limited and the exam is not specialized in studying the scheduling and floats (Like the other PMI certificate of SP), so most probably the asked float will be Zero unless the network contains 2 or 3 activities (on which the full network drawing shall not take more than a minute). Now for this question, after drawing the network, you will notice that Activity D is on the Critical Path. So the float = zero