PMP Q&A 4
Which of the following theory was suggested by Deming? A Apply continuous small improvements to reduce costs and ensure consistency. B Marginal Analysis C Expectancy theory - people expect to be rewarded for their efforts. D Plan-do-check-act to improve quality.
CORRECT: d. Continuous small improvements is part of Kaizen theory. Hence a is incorrect. The Plan-do-Check-Act doctrine was proposed by Deming.
You are in the process of Source Selection for a contract for your project. You are planning to use weighing process for source selection. There are four vendors being considered. There are two deciding factors price (weightage 40), quality (weightage 60). The scores of four vendors that your team has computed are displayed in the table below. Which vendor will among these four should be chosen? A Vendor 1 B Vendor 2 C Vendor 3 D Vendor 4 Vendor 1 Vendor 2 Vendor 3 Vendor 4 Price 8 10 12 11 Quality 12 10 8 11
CORRECT: d. We need to compute the following for all the vendors - (0.4*Price + 0.6*Quality). The scores come out to be vendor 1 - 10.4, vendor 2 - 10, vendor 3 - 9.6, and vendor 4's 11. Since vendor 4 has the highest score, it should get selected.
10. A project manager has been asked to support an internal project request by developing a business case. What kind of information is the person expected to provide in the document? A The detailed information from a business standpoint to determine whether bidding for the customer project will be successful. B The detailed information from a project management standpoint to determine whether the project will be successful. C The detailed information from a technical standpoint to determine whether the project will be successful. D The necessary information from a business standpoint to determine whether the project is worth the investment.
D
19. Your project is executed with a globally spread virtual team. The project progress has been found to be too slow. Which measure is most likely to immediately help team members act as a team and speed up the project? A Technical training for all team members B Daily phone conferences and detailed reporting C A team meeting at a location convenient to all team members D Collocation of team members at a suitable place
D
38. A project is managed by departments of an organization and expedited by a project coordinator. Which of the following statements is most likely to be true? A The performing organization is a weak matrix. B The performing organization is doing "management by projects". C The performing organization is a strong matrix. D The performing organization is projectized.
A
(9) The critical element in a project's communication system is the: A Progress report B Project directive C Project manager D Customer
Answer: C Hint: A project manager facilitates all project-related communication
21. Which of the following becomes increasingly important in a virtual team environment? A Requirements engineering B Communication planning C Formal procurements closure D Network diagramming
B
Decision tree analysis is used to calculate the average outcome when the future includes scenarios that may or may not happen. What is the input and output in a decision node? A. Input: Cost of each decision Output: Probability of occurrence B. Input: Cost of each decision Output: Decision made C. Input: Scenario probability Output: Expected Monetary Value (EMV) D. Input: Cost of each decision Output: Payoff
B. Input: Cost of each decision Output: Decision made
Activity attributes extend the description of the activity by identifying various components associated with the activity. Typically how many attributes are associated with each activity? A. They should be between 5 and 10 in number B. The number of attributes varies by application area. C. They should be less than 5 in number D. The number of attributes depends on the activity.
B. The number of attributes varies by application area.
57. Which of the following is true regarding the code of accounts? A It allows a project manager to easily identify the breakdown level of the item in the resource structure. 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.
C
6. A project manager spent some days to create a multi-page document, which he called project charter. The document should have been issued by the project sponsor. The sponsor found the document outsized and asked for a condensed document. Which of the following is usually not an element of the project charter and can therefore removed from the document? A The authority level of the project manager B Detailed control account and work package descriptions C The business need that the project was undertaken to address D High-level risks
C
Calculation of late finish dates and late start dates for the uncompleted portion of the project is called . A. Schedule compression B. An arrow diagram C. A backward pass D. A forward pass
C. A backward pass
Question - 8 You are the project manager and have decided to outsource a part of the project to a vendor. You have offered a bonus to the vendor if the work is completed in two months. This is an example of _____________. A. project incentive B. project goal C. fixed price contract D. None
A is the correct answer. This is an example of project incentive.
Question - 23 You and and your team have just created a schedule network diagram. You have come up with the estimates and have defined the durations and subsequently have identified the Critical Path. You now decide to do a 'Backward Pass' through the Schedule Network Diagram - what would you be calculating ? A. The Early Start and Early Finish for each activity B. The Late Start and Late Finish for each activity C. The duration of the other paths D. The duration of the critical path
B is the correct answer. The correct answer is - B Option C and D are incorrect as the Backward Pass is not used to calculate the duration. In fact based on duration the critical path is calculated. Option A talks about Early Start and Early Finish - which are calculated using 'Forward Pass'. Using 'Backward Pass' - we calculate the Late Start and Late Finish of all the activities in the network diagram.
Question - 21 The release criteria includes: A. the timing of the release of team members B. the method in which you will release them C. Both of the above are true D. None
C is the correct answer. C is the correct answer. The release criteria include both the timing of the release of team members and the method in which you will release them.
Question - 44 Which of the following activities is not performed as a part of Project Closure ? A. Ensure all the deliverables as per contract are met B. Create lessons learned and update Organizational Process Assets C. Formal acceptance D. Verify scope
D is the correct answer. All the options except Verify scope are performed during project closure. Ensuring deliverables meet contract requirements and formal acceptance are key activities of project closure. Lessons learned is also a very important activity performed during project closure. However Verify scope is not performed during project closure - rather it belongs to the Monitoring and Controlling process group.
Question - 199 John who is a software programmer is developing a framework for calculating equity prices.He comes up with an idea that would give very accurate calculations and discusses it with his manager.His manager likes the idea but realizes that this would cause an impact to the original effort estimate and thereby impact the business objectives as stated in the project charter.He goes ahead and updates the Project charter.Should he have updated the charter ? Choose the MOST appropriate answer A. Yes - he is right in updating the charter B. No - a project manager cannot update the project charter C. Yes - as long as the charter is circulated with all stakeholders D. No - any change to charter should only come from project sponsor not the project manager
D is the correct answer.The correct answer is option D.Option B is correct but D states the details correctly as to who is responsible for managing changes to the charter
11. You found the following earned value analysis information for a project that was recently closed-out: SPI = 0.7, CPI = 1.0 A The project has been cancelled while it was executed. At that time the project was behind schedule and on budget. B The project's deliverables have all been finished. The project came in behind schedule but on budget. C The project's deliverables have all been finished. The project came in ahead of schedule but on budget. D The project's deliverables have all been finished. The project came in on schedule but over budget.
A
14. A project management team has subcontracted work to a service company. Which of the following tools is the best choice to assure that the contractor will adhere to the customer's policies, processes and procedures and will be able to meet the quality requirements of the project? A Quality audit B Deliverable inspection C Fixed price contract D Service level agreement
A
26. Together with your project management team in a project to build a state-of-the-art power station, you want to perform active risk acceptance in your project. What should you do? A Create contingency reserves in resources, money and time. B Develop a plan to minimize impact in case that an identified risk occurs. C Develop a plan to minimize the probability of occurrence for identified risks. D Make additional resources available to speed up the project.
A
30. The scope baseline is used to ídentify variance on the scope during the project. It consists of what? A Scope statement, WBS with work packages and planning packages, WBS dictionary B Cost baseline, quality baseline and schedule baseline C Configuration management plan and configuration identification document D Procurement statement of work and project scope statement
A
39. You are project manager in a global project with a team consisting of people from various countries. What can you try to prevent misunderstandings due to cross-cultural differences? A Use all communication methods available that are suitable for the team and follow up in writing when communicating verbally. Remember that cultural and individual diversity may help project teams solving unforeseen problems during the course of the project. B When you are about to form a team for your project, keep in mind that some cultures are developed, others are more primitive. Some have values, some not. You should consequently avoid choosing members from countries with cultures that are not similar to your own. C Cultural dilemmas can prevent any project from being successful. They should therefore be smoothed or suppressed so as to make sure that they cannot disrupt project work. Your effort should concentrate on communication that can help reach that goal. D As norms regarding communication habits differ significantly across various cultures, communicating between people from different countries should only be done using written or verbal language. The nonverbal dimension simply bears too many risks.
A
4. Your project management team includes two external consultants each from a different company. You found that repeated conflicts between the two consultants already slow down project progress and jeopardize achievement of objectives. Which stage of team development can be difficult to overcome in such a situation? A Storming from Forming, Storming, Norming, Performing B Panic from Enthusiasm, Panic, Hope, Solution C Kickoff from Assignment, Kickoff, Training, Communicating D Frustration from Direction, Frustration, Cooperation, Collaboration
A
45. What does the acronym RACI commonly stand for in project management? A Responsible, Accountable, to be Consulted, to be Informed B Remote, Attached, Connected, Integrated C Risk Analysis and Caution Initiative D Randomly Accessible Cashflow Information
A
53. Which of the following is generally not regarded to be a motivator according to Frederick Herzberg? A Working conditions and interpersonal relations B Responsibility for enlarged task C Interest in the task D Recognition for achievement
A
56. A review to determine, whether the intended execution of project activities will comply with organizational and project policies, processes, and procedures is commonly called A Quality audit B Inspection C Quality testing D Reject screening
A
58. You are the manager of your company's project management office. The company is running many concurrent projects; most of them share a resource pool of technical staff. Understanding how resources are utilized across projects has been found essential to overall project performance, including cost effectiveness and profitability. This morning you received a message that the resource pool members will be unable to perform as planned for the next months because the overall work load has grown too high and while delays are adding up, the morale of the staff is going down. What should you do next? A Ensure that quantitative information for all projects is made available in a uniform and reliable fashion and verify that the project management methodology is adhered to. Then consolidate the information to get an understanding of the problems and communicate them to management. B Implement an enterprise project management software solution which is able to level the human resources across the various projects and which has the capability to model resource assignment on a percentage level thus optimizing resource utilization for the overall organization. C Do nothing related to the described problem unless you are explicitly requested by the organizations upper management. Supporting decision making on the level on which project portfolio management is done, is not the project management office's business. D Evaluate project management software which supports planning and scheduling across enterprise-wide project portfolios. Avoid managing the availability of shared enterprise resources for the projects run by an organization because this is not the business of a project management office.
A
61. You are performing earned value technique on your project. After budget approval, an additional and unexpected cost item has been identified, which made the project more expensive some weeks ago. The item has meanwhile been paid by the project, and it is expected that for the remaining duration of the project, costs will be as budgeted. In this case, which is the best formula to calculate EaC (Estimate at Completion)? A EaC = BaC - CV B EaC = BaC / CPI C EaC = AC + BtC / CV D You can not compute the EaC.
A
62. During a company event, you had the opportunity to talk to a colleague project manager. He told you that in his current project actual costs are 15% under cumulated costs budgeted for today. What do you think? A The information given to you by the colleague is not sufficient to assess project performance. B The project will probably be completed with total costs remaining under budget until the end. C A significant cost increase during the further course of the project will probably bring the costs back to baseline level. D Original cost forecasting and budgeting for the project must have been poor to allow this variance.
A
65. Which is an appropriate order in most project situations for the development of scope-related documents? A 1. Project SOW (statement of work), 2. Project charter, 3. Project scope management plan, 4. Project scope statement, 5. WBS (work breakdown structure) and WBS dictionary. B 1. Work breakdown structure, 2. Scope statement, 3. Project charter, 4. CSOW (contractual statement of work), 5. Contractual work breakdown structure C 1. Feasibility study 3. Contract, 4. CWBS (contractual work breakdown structure), 5. Scope of work descriptions, 6. PID (project initiation document). D 1. BOM (Bill of materials), 2. CAP (control account plan), 3. Project charter 4. Change management plan, 5. Scope baseline.
A
68. What is not the purpose of configuration control when configuration management is applied in a project? A Verification that the configuration identification for a configuration item is accurate, complete, and will meet specified program needs. B Ensuring that proposed and approved changes to configuration items are fully analyzed. C Ensuring that proposed and approved changes to configuration items are fully documented. D Managing and controlling the frequently requested changes to a project by applying agreed upon rules.
A
73. A project management team intends to develop a lifecycle for its new software development project on a continuum between the extremes of highly agile and highly predictive methods. What is a typical signal that the lifecycle chosen is located between the two extremes? A Requirements are elaborated repeatedly. B Requirements are developed upfront and kept static. C Requirements are developed during the course of the project. D Change is constrained as much as possible.
A
75. You have just created the following network logic diagram to describe the planned flow of activities for your project which will start tomorrow: Which potential inconsistency in the diagram should you solve right now to ensure that the activities and the milestones "Start" and "A-F finished" are correctly linked? A Activity E is open ended (a "dangle") in relation to the finish milestone path convergence. B Activity F is open ended in relation to the path divergence after the start milestone. C You cannot calculate a critical path when lags and/or leads are calculated in percent. D Activities E to F need another task drawn as a hammock to calculate level of effort.
A
8. A project management team decided to develop a risk management plan. What would be an appropriate occasion to create it? A A specific planning meeting B During a documentation review C When data precision is ranked D After selection of diagramming techniques
A
80. A company's management is discussing a project request created by one of its managers. but its mangers are uncertain, whether the project is worth the investment. A project manager has been assigned to develop a document to describe the potential benefits in monetary and other aspects. After acceptance of the project request, this document will to be used to track the realization of those benefits. Which title will the project manager probably give to the document? A Project business case B Benefits management plan C Project charter D Project statement of work
A
83. When does a project manager perform the integrated change control process to make sure the effects of change requests are under control? A During the course of the project B When baselines need to be altered C While the cost baseline is being created D When the configuration management plan is developed
A
85. A project was planned to take 5 months. The team is currently 3 months into it and has completed half of the work. Applying Earned schedule technique, what are the performance data of the project? A SV: -0.5 months, SPI: 0.83 B SV: 1.5 months, SPI: 1.5 C SV: -2,5 months, SPI: 0.83 D SV: 0.5 months, SPI: 1.83
A
94. A project management team in a major infrastructure project is facing growing resistance from people living nearby. These people believe that they are stakeholders. They perceive that they will be affected by the execution of a project and/or by its results. Should a project management team consider these people as actual stakeholders? A If they can influence the project, yes. The team should engage them as stakeholders. B No. Only people with vested interests should be regarded as stakeholders. C No. It is the decision of the team, who is regarded as a stakeholder and who is not. D No. Stakeholders are limited to people that provide tangible input to the project.
A
98. A project is performed by a company for another organization. The latter organization pays the first for the work performed and deliverables provided. What kind of agreement is used between the two companies? A Project contract B Internal agreement C Memorandum of understanding D Gentlemen agreement
A
Question - 103 Which of the following statements is true regarding Critical Path? A. There can be more than one Critical Path in a Schedule Network Diagram B. Critical Paths generally always have negative float C. Activities on Critical Path have positive float D. Critical Path has duration less than the non critical paths.
A is the correct answer. The correct answer is Option A .Generally activities on Critical Path have Zero float.Critical Path is the one which has the longest duration - so options B,C and D are not correct.You can always have more than one Critical Path in a project.
Question - 78 As a manager in an organization - which believes in the Theory X style of management - which of the following describes correctly the assumptions of this theory ? A. Employees are inherently lazy , dislike work and will avoid work if they can. B. Employees are motivated and enjoy doing their work. C. Employees want to do well at work. D. Employees are trustworthy and are motivated by doing a good job.
A is the correct answer. Theory X assumes employees cannot be trusted and will only work if rewarded or under threat and coercion.This theory does not consider an employee to work on their own - so the correct option is A.The other options consider an employee to be self motivated and self starter - which is not what Theory X is based on.
Question - 19 You are developing strategies to effectively engage stakeholders throughout the project life cycle. What is process you are working on ? A. Plan Stakeholder Engagement B. Identify Stakeholders C. Manage Stakeholder Engagement D. Monitor Stakeholder Engagement
A is the correct answer. Plan Stakeholder Engagement is the process to develope strategy to effectively engage stakeholders throughout the project life cycle.
Question - 96 A data point in a control chart that requires investigation is called: A. a special cause B. a quality fault C. a rule of seven D. a rule of five
A is the correct answer. A data point in a control chart that requires investigation is called a special cause.
Question - 125 The purpose of a contract is to distribute a reasonable amount of ____________between the buyer and seller. A. Risk B. Responsibility C. Reward D. None
A is the correct answer. A fair contract shares a reasonable amount of risk between the buyer and the seller.
Question - 92 You are the project manager of a project and you have added some dummy activities to correctly show all logical relationships Which network diagramming method have you used ? A. ADM (Arrow Diagramming Method) B. Precedence Diagramming Method (PDM) C. PERT D. None
A is the correct answer. A is the correct answer. ADM (Arrow Diagramming Method) uses dummy activities to correctly show all logical relationships. Arrow Diagramming Method (ADM) uses arrows as activities, and nodes are used to connect and show dependencies. The Precedence Diagramming Method (PDM) uses boxes or nodes as activities and arrows as dependencies between the nodes.
Question - 142 An activity has an Early Start(ES) of 5 days and Late Start of 16 days.What is the activity's float ? A. 11 days B. 21 days C. 5 days D. 16 days
A is the correct answer. A is the correct answer. Activity float = Late Start - Early Start = 16-5 = 11 days
Question - 106 You are the project manager of a software project. Your team member want to make technical changes to an activity which will add more time to that activity. What should you do ? A. Check if the activity is on critical path B. Allow team members to change the activity C. Report to senior management D. Ignore change in activities.
A is the correct answer. A is the correct answer. Check the activity if it is on critical path is the best option.
Question - 89 Your project activity float is negative 10. What is your course of action ? A. add more resources B. ask more time to complete the project C. use less experienced team members D. Ignore It.
A is the correct answer. A is the correct answer. Negative activity float means your project is behind. Add more resource is best option.
Question - 87 The _________ details the different tasks for members in the project. A. Responsibility Assignment Matrix (RAM) B. WBS C. SOW D. Scope statement
A is the correct answer. A is the correct answer. Responsibility Assignment Matrix (RAM) details the different tasks for the members in the project.
Question - 123 As a project manager of a project , you have just completed Schedule network diagram. What should you do NEXT in schedule management ? A. Estimate Activity Resources B. Sequence Activities C. Estimate Activity Durations D. Develop Schedule
A is the correct answer. A is the correct answer. Schedule network diagram is an output of Sequence Activities, NEXT process is Estimate Activity Resources.
Question - 64 Which hierarchical chart shows resources? A. RBS B. OBS C. WBS D. Scope statement
A is the correct answer. A is the correct answer. The Resource Breakdown Structure shows various resources, both human and mechanical needed for the project.
Question - 47 Top-down estimating is also called _______ estimating. A. Analogous B. Primary C. Organizational D. Simple
A is the correct answer. A is the correct answer. Top-down estimating is also called Analogous.
Question - 167 Comparing target dates with the actual or forecast start and finish dates is called : A. Variance Analysis B. Earned Value C. Progress Reporting D. Crashing
A is the correct answer. A is the correct answer. Variance Analysis : Comparing target dates with the actual or forecast start and finish dates.
Question - 94 In which of the following situation network diagram is better than bar chart ? A. to show inter dependecies between activities B. analysis of schedule progress C. analysis of WBS D. analysis of project plan
A is the correct answer. A is the correct answer. network diagram is best to show Interdependencies between activities.
Question - 112 A product description of a project can help in creating procurement details. Which one of the following best describes the product description? A. A product description defines the contracted work based on the requirements of the customer B. A product description defines the contracted work C. A product description defines the requirements for the contract work D. All of the above
A is the correct answer. A product description defines the contracted work based on the requirements of the customer.
Question - 162 While planning for a project you decide to keep a good grip over project risks.You and your team members have come up with the list of possible risks and would now like to prioritize them based on their probability and impact.This activity would take place in which process? A. Perform Qualitative Risk Analysis B. Perform Quantitative Risk Analysis C. Risk Identification D. Risk Register
A is the correct answer. After the Risks are identified - risk prioritization based on impact and probability is done in the Qualitative Risk Analysis.The question states that the risks are already identified - so Risk Identification is already done.Risk Register is an output of the Risk Identification process - there is no such process as Risk Register.Quantitative Risk Analysis deals with assigning a numerical value to each risk - so the correct answer is Qualitative Risk Analysis.
Question - 22 As a project manager you have successfully delivered all project deliverables within stipulated timelines - your senior management wants you to calculate the Cost of Quality - as a project Manager what costs would you NOT consider while making this calculation A. Cost of Hiring. B. Prevention costs. C. Appraisal costs. D. External and Internal Failure costs.
A is the correct answer. All of the above are correct - except option A - since Hiring Costs have nothing to do with Cost of Quality. Prevention and Appraisal Costs are the expenditures during the project to AVOID failures while Internal and External Failure Costs are those incurred during and after the project BECAUSE of failures.
Question - 91 Which of the following statements are not true regarding the Scope Management Plan? A. Scope Management Plan is not a Part of the Project Management Plan. B. Provides guidance on how the Project Scope will be verified. C. Provides guidance on how the scope will be defined , documented monitored and controlled. D. Provides guidance regarding the enterprise environmental factors and organizational process assets that would play a part.
A is the correct answer. All the options except Option A are true regarding the Scope Management plan.The Scope Management Plan is very much a part of the Project Management Plan.
Question - 85 You are negotiating with a contractor for additional staff augmentation - a number of software developers and a few testers .As a buyer you don't quite have the exact statement of work ready. What kind of contract is MOST appropriate for this kind of work ? A. Time and Materials - T and M B. Cost plus fixed fee - CPFF C. Firm Fixed Price Contract - FFP D. Fixed Price Incentive Fee Contracts - FPIF
A is the correct answer. As the nature of work is not quite clear and this deals with contracting additional staff - the best choice of contract is T and M.Fixed price contracts are applicable where scope of work is quite clear which is not the case here.Here choosing a Cost-reimbursable contract makes no sense - since the unit rate of staff can be determined and agreed between you and the seller - so the best option is A - T and M
Question - 14 The project that you are in charge has been successfully completed. The last of the deliverables have been formally accepted by the client. You had several contractors with whom contracts were prepared. With the project done you decide to communicate the completion details and closure of contracts. which is the best form of communication? A. Formal written B. Formal verbal C. Informal verbal D. Informal written
A is the correct answer. As this is related to a contract it must be a formal written form of communication. Any other form of communication related to contracts is not acceptable.
Question - 158 You are managing a project that is responsible for setting up an alcohol distillery.Your team is in its eighth month of execution.One of the vendors informs you that the agitators delivery is going to be delayed by a week .You look up the project management plan and the schedule baselines and decide to set up all the reactors first.Based on your analysis by moving tasks around you see that there would be no impact to any of the performance measurement baselines.What should you do next ? A. Go ahead and execute the rescheduled tasks as there is no impact to any of the baselines B. Write up a change request and submit to change control for approval C. Analyze the impact of the change to the triple constraints and then submit a change request D. Do nothing as this would cause changes to the baselines
A is the correct answer. Be careful and read carefully regarding the situation you are beaing asked to evaluate.In this case the change is not going to impact any of the baselines.In such cases the project manager has the authority to make changes to the project if there is no impact to the baselines.This is one condition where changes can be made without undergoing change control - but note that this is done after ensuring that there is no impact to the baselines - so the correct answer is option A
Question - 159 Which of the following statements are true regarding Control Account ? A. It is used as a Tool and Technique in Activity Definition process. B. Used to estimate cost at a level lower than the work package. C. Used to control costs of the project. D. Used in Integrated Change Control.
A is the correct answer. Control Accounts are used to provide a cost estimate at a level higher than the work package.They are used a s a technique in activity definition process.They are not used to control costs of the project and neither in Integrated change control.So the correct answer is option A.
Question - 157 Control chart helps: A. determine if the process is "in control" B. how various elements of a system are interrelated C. showS trends in a process over time D. shows the pattern of a relationship between two variables
A is the correct answer. Control Charts: Control charts are graphic display of the results over a time of a process. They are used to determine if the process is "in control".
Question - 156 Which of the following statements is TRUE regarding Fixed Price Contract A. The buyer has the least risk in this type of contract if scope is clearly defined B. Changes can be made in scope by the buyer with no impact to cost C. Should be the choice of contract when you need work to begin right away D. All of the above
A is the correct answer. Did you choose option D ? - if so read again - which options sound incorrect ?.Changes to scope cannot be made without a cost implication - infact this is best applicable when the seller clearly defines the scope.If work needs to begin right away the contract type should be Time and Money - not Fixed price since you may not have everything clearly defined. So the right answer is option A.
Question - 179 Which of the following is not a Risk Identification tool or technique ? A. Risk Register B. Documentation Reviews C. Brainstorming D. Interviewing
A is the correct answer. Documentation reviews helps identify risks based on the plans and assumptions - so this is a Risk Identification tool.Brainstorming deals with getting together various stakeholders and identifying potential risks.Interviewing experienced project participants, stakeholders and subject matter experts is also a great source of identifying risks.Risk Register is not a tool - rather it is the document in which identified risks are documented -so the Risk Register is not a Risk Identification tool.
Question - 36 What is the purpose of fishbone diagram? A. To illustrate how various factors might be linked to potential problems or effects B. Are used to determine if the process are in control C. Show trends in a process over time D. Shows the pattern of relationship between two variables
A is the correct answer. Fishbone diagram : To illustrate how various factors might be linked to potential problems or effects.
Question - 88 ISO Stands for __________ ? A. International Organization for Standardization B. International Standardized Organization C. In Standardized Organization D. None
A is the correct answer. ISO Stands for International Organization for Standardization.
Question - 93 You are in charge of a painting project for a high rise building.As part of the planning - you need to take a decision of buy Vs lease for some stilt ladders needed on site.The cost of the ladder is 1000 $ and a daily cost of 4$ while the daily lease cost is 12$.If you were to lease the ladder - what should be the duration to ensure your decision is correct ? A. A duration less than 126 days B. A duration less than 150 days C. A duration greater than 126 days D. A duration greater than 126 days
A is the correct answer. Lets assume the duration to be X days. 12 * X = 1000 + 4 * X , 8X = 1000 , X = 125.This means that if the ladder is used for any duration equal or greater than 125 days it is economical to purchase rather than lease - so in other words to lease the duration should be equal to or less than 125 days - so option A is the right answer
Question - 155 The primary benefit of meeting Quality Requirements are ( Choose all that apply ) A. Less Rework,Higher productivity,Lower costs,Increased stakeholder satisfaction,Increased profitability. B. Decreased productivity due to time spent on Quality Requirements. C. Increased costs due to rework. D. Decreased stakeholder satisfaction.
A is the correct answer. Option A is the correct answer - All of the details stated are correct benefits of meeting Quality Requirements.By doing a cost benefit analysis of each quality activity - we can compare the cost of Quality with expected benefit.Options B , C and D infact are results of poor Quality.
Question - 190 Regarding Rolling Wave Planning which of the following statements are true - choose all that apply ? A. Rolling Wave Planning is a form of progressive elaboration. B. It is a planning technique performed only once. C. Work that is to be performed in the long term is planned in greater detail as compared to work in near teram D. It is a form of planning where all the details are estimated upfront.
A is the correct answer. Option A is the correct answer which correctly explain Rolling Wave Planning .Option B , C and D are clearly not correct since not all details are estimated upfront - rather only the immediate activities or tasks are estimated upfront.This process is performed iteratively and not only once.
Question - 90 The purpose of a quality audit is: A. To identify inefficient and ineffective policies B. To identify project quality for customer C. Study organizational behavior D. Prepare a report for the quality team
A is the correct answer. Purpose of quality audit is to identify inefficient and ineffective policies.
Question - 129 Conformance to specifications document is a description of: A. Quality B. Scope C. Integration D. None of the above
A is the correct answer. Quality on a project means that you are conforming to a standard that is set before you start the project.
Question - 48 The _________ is the international organization that controls the standards for quality. A. ISO B. PMP C. PMI D. ISCII
A is the correct answer. The ISO is the international organization that controls the standards for quality.
Question - 59 Which of the following statements is NOT true regarding change log ? A. Change log is used to log only approved change requests B. It is used to document changes that occur during a project C. The changes along with their impact to cost , time and risk are logged D. Rejected change requests are also captured in the change log
A is the correct answer. The change log is used to log all change requests - approved and rejected changes. Along with the changes their impact to cost , time and risk details are also documented. So option A is not true regarding change logs and hence is the correct answer.
Question - 147 You and and your team have just created a schedule network diagram.You have come up with the estimates and have defined the durations and subsequently have identified the Critical Path.You now decide to do a 'Forward Pass' through the Schedule Network Diagram - what would you be calculating ? A. The Early Start and Early Finish for each activity B. The latest start and latest finish for each activity C. The duration of the other paths D. The duration of the critical path
A is the correct answer. The correct answer is - A.Option C and D are incorrect as the Forward Pass is not used to calculate the duration.Infact based on duration the critical path is calculated.Option B talks about Late Start and Late Finish - which are calculated using Backward Pass.Using 'Forward Pass' - we calculate the Early Start and Early Finish of all the activities in the network diagram.
Question - 146 Your company has won a prestigious project which deals with building software to be used on spaceships landing on the moon.After building the schedule network diagram - you identify the critical path and also a number of Near-Critical Paths.What does this mean with respect to Risks related to Project Schedule ? A. The project is at high risk of meeting its schedule considering additional near critical paths B. The project has no risks of meeting its schedule considering additional near critical paths C. Near Critical Path will have no impact on the schedule - hence no risks at all D. The Near Critical Path activities have a lot of Float - so there is no fear of not meeting the project completion.
A is the correct answer. The correct answer is A - greater the number of near critical paths greater the risk of the project not meeting its scheduled completion dates.This is because the Near Critical Path activities will have very little float - so thereby hardly any flexibility - so any slippages in these tasks - in addition to tasks on the Critical Path can lead to schedule slippage.This is why Options B , C and D are incorrect.
Question - 26 You are in charge of a software project and you are almost 40% complete.The project stakeholders want a [performance report to date.You had planned to use Earned Value Management methodology.You come up with the following numbers: EV = 100 AC = 300 PV = 150 BAC = 600 You and your team have faced numerous issues till now . However you choose to ignore the current work performance and decide to go with what was originally planned. Based on this information what would be the EAC for the project ? A. 800 B. 200 C. 600 D. 1800
A is the correct answer. The correct answer is A - this is because here it is stated that whatever issues or lack of them experienced in the project were ignored - so here the past performance is not considered while the planned values are considered.So the formula : EAC = AC + ( BAC - EV ) = 300 + ( 600 - 100 ) EAC = 800
Question - 40 The Scope Baseline consists of the following: A. Approved Project Scope Statement , WBS , WBS Dictionary B. Preliminary Project Scope Statement,Approved Project Scope Statement , WBS , WBS Dictionary C. Scope Management Plan,WBS,WBS Dictionary D. Scope Management Plan,Approved Project Scope Statement,WBS Dictionary
A is the correct answer. The correct answer is A.
Question - 114 You are in the process of making a cost estimate for a large prestigious project. You decide to use the Three Point Estimation technique with Triangular Distribution. Based on your analysis and understanding you are confident that the project would be completed with a total cost of 108,000 $.You also estimate that a best case estimate would be 90000 $ while a worst case scenario would result in the costs incurred to shoot up to 138000 USD. What would the Three point Cost estimate be using Triangular Distribution ? A. 112000 $ B. 110000 $ C. 28000 $ D. None of the above
A is the correct answer. The correct answer is A.The question states we should use Three point estimate using triangular distribution. The formula for this estimation technique is a + b + c / 3 where a = Most Likely estimate , b = Estimate based on analysis of the Best case scenario and c = Estimate based on analysis of the Worst case scenario. So the Three point estimate using Triangular distribution is 108000 + 90000 + 138000 / 3 = 336000/3 = 112000 $
Question - 68 You are in the process of making cost estimates for a project.However detailed requirements are not yet available.A similar project was executed by your company and you decide to use the past projects historical data to come up with your estimates. This is called - A. Analogous estimating B. Parametric estimating C. Bottom-up estimating D. Three point estimating
A is the correct answer. The correct answer is Analogous estimating - since analogous estimation relies on past or historical data of similar nature. As the project is at an early state - where the detailed requirements are not yet available - this is the best technique suited to come to an early estimate - though it may not be very accurate.
Question - 116 As a manager on a project you have identified and created the WBS and WBS Dictionary.You also plan to ensure that each deliverable gets the blessings of your stakeholders and sponsors.Which process are you planning to perform? A. Scope Verification B. Perform Quality Control C. Control Scope D. Define Scope
A is the correct answer. The correct answer is Scope Verification which deals with verifying that what was delivered was what was required.
Question - 51 You are in your third month of project execution which is expected to continue for a duration of 14 calendar months. Your sponsor has asked for a performance report. You decide to create a S curve. Based on the S curve you report your Actual Cost which is more than the Earned Value. Also the Planned Value is greater than the Earned Value. What would be the interpretation of this data ? A. The project is over budget and behind schedule]> B. The project is on schedule and on budget C. The project is over budget but on schedule D. The project is on budget but behind schedule
A is the correct answer. The correct asnwer is A - this is because the SPI is less than 1 and the CPI is also less than 1.
Question - 13 You are in charge of a project and to ensure things go well - you have had monthly meetings with the stakeholders. The project is running on schedule and budget. You are in your fourth month of execution - but the stakeholder indicates dissatisfaction with the deliverables. To make changes in the deliverables would mean a delay in the schedule. What would have been the most important process that could have prevented this situation? A. Scope Planning B. Scope Control C. Schedule Control D. Risk Monitoring and Control
A is the correct answer. The most important process that could have prevented this situation would have been - Scope Planning.Project deliverables are defined during scope planning so proper implementation of this process could have prevented this situation.
Question - 45 Of the following types of contracts - which has the HIGHEST risk for the buyer ? A. Cost plus fixed fee - CPFF B. Time and Material C. Firm Fixed Price Contract - FFP D. Fixed Price Incentive Fee Contracts - FPIF
A is the correct answer. The riskiest for the buyer in the options stated above is - Cost plus fixed fee.This is because its a Cost-reimbursable type of contract in which total costs are unknown - so there is an element of risk involved as total scope of work is not clear.Time and material have mediumrisk from the perspective of the buyer and are typically used for smaller dollar amounts.Of the options the Fixed price options are the least risky for the buyer since the cost will not change no matter what for the buyer ! The correct answer is option A
Question - 195 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities.Progress in the past has been smooth but lately in the past few months you have observed a schedule and budget overrun.You decide to hold a meeting with your team members.On discussions you realize team members went ahead and made changes at the behest of the client requests on site.You are pretty sure the changes were not a part of the project scope statement - this is an example of: A. Scope Creep B. Gold Plating C. Integrated Change Control D. Fast Tracking
A is the correct answer. This is an example of Scope Creep.Integrated change control deals with formally approving or rejecting changes before they are implemented so it is not the correct answer.Fast tracking is a schedule compression technique - so it too is not the correct answer.While Gold Plating is related to change in scope it is generally done intentionally or knowingly for some trategic purpose.Scope creep relates to uncontrolled changes in product or projects scope and is often due to client interference.
Question - 111 You are a project manager of Software Product company. After a person is hired, you come to know that many of this person's ideas were developed by a competitor company. Are you going to implement the same ideas? A. Accept the new ideas. B. Ignore the ideas because it may be a violation of the code of conduct. C. Ask to sign NDA. D. Tell the person that he should not mention that the ideas came from another company.
A is the correct answer. Unless the employee has signed the NDA with his or her previous organization, there is no obligation for him or her not to share knowledge that was gained while working for the competitor.
Question - 37 Which of the following best describes Vrooms Expectancy theory ? A. Employees will put in efforts dependant on expectancy, valence, and instrumentality B. Employee motivation is not achievable - employees must be forced to get things done C. Hygiene factors will ensure that job dissatisfaction not occur - however it does not ensure job satisfaction D. People have needs starting with Physiological Needs and ending with self actualization
A is the correct answer. Vrooms Expectancy theory is based on the idea that people believe there are relationships between the effort they put in at work, the performance reviews / ratings they are credited for the effort, and the rewards they receive from their effort and performance review ratings. So people will be motivated if they believe that hard work and effort will lead to good performance reviews and good performance reviews will lead to desired rewards. This theory consists of three key elements: Expectancy - Perception of employee of how much and what amount of effort will lead to a desirable performance rating. Instrumentality - Perception or expectation that a good performance rating would translate into a hefty salary hike Valence - Preference of an employee for a certain reward. Option B is clearly unrelated to this theory - so it is not the correct answer. Option C is related to Herzbergs Hygiene theory - so it too is not the correct answer Option D is talking about Maslows Theory of Hierarchial needs - so again not the correct answer. Option A is the correct answer.
Question - 110 As a manager on a project your key outlook is to ensure that the project delivers within the scheduled timelines with minimal rework and customer delight.For some time now the project work is proceeding smoothly with a CPI and SPI a perfect 1.One of your team members approaches you and indicates that she might possibly need a long vacation on personal grounds.She indicates this could possibly occur in two months from now.You look up the schedule and as luck would have it - this team member happens to be scheduled to execute activities which are on the critical path - and her absence in two months time would cause a delay in schedule.You decide to take some action and ask the team member to start regular knowledge transfers to a couple of trainees.Your thought is though the trainees would be relatively inexperienced they would more than make up for it with two people rather than one person to perform these tasks should this team member need to go on leave.What did you just do ? A. Mitigate the risk B. Avoid the risk C. Transfer the risk D. Exploit the risk
A is the correct answer. You have mitigated the risk where by asking for the trainees to be trained you have created a Risk response strategy.Should this team member go on leave the trainees would execute the task.So you have not avoided the risk.Again there is no question of exploiting the risk as this is not a positive risk.This is not a case of Risk avoidance either - so the correct answer is Risk Mitigation - option A.
Question - 177 A company wants to hire a PMP, and you are applying for the position in the company. You are scheduled to take the PMP exam in a few days. At your interview, a comment is made implying that you are PMP certified. What do you do? A. Clarify that you are scheduled to take your PMP certification exam soon, but are not yet PMP certified. B. Confirm that you are a PMP certified and you will be certified soon if you pass the exam. C. Both of the above are true. D. None of the above
A is the correct answer. You have the responsibility to provide accurate, truthful representations concerning your qualifications, experience, and performance of services to a company.
Question - 152 A weighted average duration estimate to calculate duration is called : A. PERT B. CPM C. GERT D. pareto chart
A is the correct answer. A is the correct answer. Program Evaluation and Review Technique (PERT): Uses a weighted average duration estimate to calculate duration. Uses the probability of an estimate's accuracy. Expected Time = (Low + 4*Medium + High) / 6
Question - 32 You and a group of managers who conduct a weekly meeting for sharing information and project management best practices. Joe who is a colleague of yours explains the need of correctly identifying all the project stakeholders. He explains that in his current project he has made use of Stakeholders Engagement Assessment Matrix. Many of the other colleagues are not quite aware of the need and usage of this matrix - which of the following is the BEST choice ? A. Lists all the stakeholders along with their current engagement and desired engagement B. Lists all the stakeholders C. Lists only those stakeholders who are Resistant D. Lists only those stakeholders who are Supportive
A is the correct answer. As the name suggests this document is used to identify the current engagement level of project stakeholders. It can also be used to indicate desired level of engagement. Through this analytical process gaps in engagement levels can be identified and action plans and communication plans can be generated to bridge these gaps. The Stakeholder Engagement Assessment Matrix does not list stakeholders depending on their engagement level - so options C and D are clearly wrong. While you might be tempted to choose option B - since we do list down all the stakeholders in a matrix in this document - the better and more qualified answer is Option A - where along with the complete list of stakeholders we also indicate their current and desired engagement level.
Question - 99 You are managing a project and to ensure things run smoothly - you have decided to provide project information periodically to all the stakeholders.You have decided that you would report against the baselines for scope , cost and schedule.Which of the following would be the best choice ? A. Performance reporting B. Status reports C. Forecasts D. Risk Register
A is the correct answer. The best choice is Performance reporting with respect to the triple constraints - Scope,Schedule and Cost.Forecasts are future projections while risk register deals with risks which are not the right options.While status reports could be an option the best answer is Performance reporting.
Question - 139 As a senior member in the executive management team - you have tasked project managers within your team to provide cost estimates for a huge project. You easily forsee the cost estimate of the project to run into millions of dollars.Along with the cost estimate - you are also expecting the Basis of estimates. What would you expect to be included in the documentation for Basis of estimates ? A. Basis of estimate,assumptions,known constraints,range of estimate,confidence level B. Cost at unit level and confidence level C. WBS D. None of the above
A is the correct answer. The correct answer here is A which states all the necessary details to be provided as the Basis of estimates.
Question - 15 Your company has bagged a number of government contracts dealing with setting up infrastructure. this includes setting up roads and bridges. This is a very big and prestigious project so your company would like to ensure everything is planned well in advance. You are the project manager of this project. Considering its importance - you and your team come up with a list of risks. One of the subject matter experts indicates that during the months of July and August the construction work of the bridge across the river would need to stop on account of past history of flooding of the river. You agree with the expert and plan the schedule accordingly. What strategy did you just apply ? A. Accept B. Exploit C. Mitigate D. Transfer
A is the correct answer. This is an example of Risk acceptance strategy as there is nothing you can do about situations not in our control. Exploit is meant for positive situations while risk mitigation is where you have a strategy to either reduce the risk impact or probability. Neither is transfer correct as the question does not state that someone else will be responsible for handling the risk.
Question - 97 A Heuristics is best described as : A. thumb rule. B. activity diagram. C. workaround. D. control tool.
A is the correct answer. A is the correct answer. Heuristics is thumb rule. Examples are cost per square feet etc.
Question - 5 You are the project manager for a Project. You are updating the WBS during Define Activities, which is often called ________? A. Refinements B. Updates C. Activities D. Supporting detail
A is the correct answer. A is the correct answer. updating the WBS during Define Activities, is often called Refinements. It occurs with riskier projects.
Question - 3 Which of the following statements are not true regarding Network Diagrams?: A. Network Diagrams determine risks and causes of issues as they occur. B. Network diagrams are used to show interdependecnies of all activities. C. Network diagrams depict the workflow so everyone knows the sequence in which activities need to be performed D. They help plan , organize and control the project and can help track schedule progress
A is the correct answer. The correct answer is A - All the other statements are valid regarding Network Diagrams .
Question - 2 You are in charge of managing a software development project which is related to simulations for driving racing cars.In one of your team meetings - it has been reported that a lot of issues have been reported in the air tunnel modelling module.On deeper analysis - it is found that many of the issues could have been prevented had a simple code review checklist been used.You prepare a code review checklist and ensure the code is reviewed as per the checklist.This is a good example of : A. Corrective Action B. Preventive Action C. Defect Repair D. Quality Control
A is the correct answer. This question is meant to test your understanding of the difference between what corrective action and preventive action is.Defect repair might sound tempting - but it is only applicable for the issues found for the current delivery.This is also not about Quality Control - so that leaves us with only two options - Corrective or Preventive actions.Corrective actions are always preceded by nonconformity while preventive actions are never preceded by nonconformity.In this case nonconformity in the form of a lot of issues during Quality Assurance were reported.The root cause was identified to be the need of a standard checklist which was then used.Preventive action is always taken proactively - in the question stated there is no demonstration of any proactive steps taken - hence this is not an example of Preventive action.The correct answer is option A - Corrective action
Question - 200 What is the purpose of the Project Charter ? A. Authorizes Project Manager B. Defines Project Scope C. Defines schedule of deliverables D. Defines Quality Metrics
A is the correct answer.A project charter formally authorizes the project and gives the project manager the authority to assign organization resources to the project.It provides a formal authorization of project and identification of a project manager and authority to assign organizational resources.So the correct answer is option A
The WBS represents all product and project work. The total work at the lowest levels should roll up to the higher levels so that nothing is left out and no extra work is performed. This is also called as: A. 100% rule B. 80/20 rule C. Pareto's rule D. Ground rule
A. 100% rule
Peter works as a project manager for GOODSTEEL, a steel melting shop. He was assigned by his Executive Project Manager to study and prepare a report on the defects that eroded the blast furnace lining which has caused a drastic decline in production. Since this report will be used by the management to control the process and material quality, Peter performed a careful study and identified two major factors out of many factors related to refractories that caused majority of the lining problems. Which of the following statements BEST illustrate the technique Peter must have used in this scenario? A. A Pareto chart indicates that the vital few sources of the problem. B. A cause and effect diagram indicates how various causes show the history and variation of defects C. A Pareto chart identifies the possible relationship between changes observed in two independent variables D. A cause and effect diagram indicates how various factors or causes can be linked to potential problems
A. A Pareto chart indicates that the vital few sources of the problem.
You are the project manager of a project and are about to conduct a risk identification exercise in a few days' time. You would like to proactively remind the participants in the exercise of the various sources from which risk may arise in the project. What could you use to help you do this? A. A Risk Breakdown Structure (RBS) B. A Risk Simulation Structure (RSS) C. A Risk Register D. An Impact Matrix
A. A Risk Breakdown Structure (RBS)
Projects, portfolios and programs are different entities in an organization. Which of the following choices states a correct relationship between them? A. A portfolio consists of a collection of projects or programs that are grouped together to achieve strategic business objectives. The projects or programs need not be directly related. B. A project is a collection of programs and portfolios that are grouped together to achieve the project objectives. C. A program consists of a collection of projects or portfolios that are grouped together to achieve strategic business objectives. D. A program is a collection of projects that are grouped together for convenience. It may include unrelated work if the work is under the same business division.
A. A portfolio consists of a collection of projects or programs that are grouped together to achieve strategic business objectives. The projects or programs need not be directly related.
As part of the Plan Risk Management process, a project manager is looking at the activity of preparing a risk management plan. Which of the following is true about risks? A. A risk may have one or more causes and, if it occurs, may have one or more impacts. B. A risk usually has a single cause and, if it occurs, may have one or more impacts. C. A risk usually has a single cause and if it occurs usually has a single impact. D. A risk usually has more than one cause, and if it occurs, may have one or more impacts.
A. A risk may have one or more causes and, if it occurs, may have one or more impacts.
As the project manager of a large project, you have just completed the Estimate Costs process. As you begin the Determine Budget process, which of the following would you require as inputs? A. Activity cost estimates, Basis of estimates B. Activity cost estimates, Activity resource estimates C. Resource breakdown structure, Agreements D. Activity cost estimates, Staff management plan
A. Activity cost estimates, Basis of estimates
A project manager is estimating the project duration and finds that the only information available to him is a previous project that was quite different from the current one. However, some portions of the previous project were similar to the current one. Which of the following tools is the project manager likely to use? A. Analogous estimating B. Program Evaluation and Review Technique (PERT) C. Three-point estimates D. Multicriteria decision analysis
A. Analogous estimating
A project involved development of a high speed hard disk drive. As part of its testing, the hard disk was subjected to continuous operation at a high speed and an elevated temperature. At the end of the test, the hard disk was destroyed beyond use. The cost of such testing is usually classified as: A. Appraisal costs B. Internal failure costs C. Cost of nonconformance D. Prevention costs
A. Appraisal costs
Which of the following should you NOT use as an input into creating the WBS structure? A. Bill of Material (BOM) B. Project scope statement C. Organizational process assets D. Requirements documentation
A. Bill of Material (BOM)
A project manager included contingency reserves and management reserves in the total budget of a high-risk project. He also made certain earned value measurement calculations. Which of the following is incorrect? A. Contingency reserves are not part of the project cost baseline. B. Management reserves are not part of the project cost baseline. C. The project manager needs to get approval before spending management reserve. D. Reserves are usually included in the total budget of a project.
A. Contingency reserves are not part of the project cost baseline.
Which process is MOST responsible for managing changes to the schedule components of the Project Management Plan? A. Control Schedule B. Create WBS C. Develop Project Management Plan D. Develop Schedule
A. Control Schedule
Midway through a project, a project manager determined that the project was running way behind schedule. If the project manager needs to shorten the project schedule, without changing the project scope, which of the following schedule compression techniques could be applied? A. Crashing B. Reserve Analysis C. Forecasting D. Last Tracking
A. Crashing
The date through which the project has provided actual status and accomplishments is called: A. Data Date (DD) B. Due Date (DD) C. Project Date (PD) D. Reporting Date (RD)
A. Data Date (DD)
As you are creating the Activity List, which technique is recommended for subdividing the project into smaller components called activities? A. Decomposition B. Rolling Wave Planning C. Expert judgment D. Deconstruction
A. Decomposition
In a textile manufacturing project, a team divided the whole project work into 35 work packages and assigned a few work packages to the design department for review. After the review, the manager of the design department requested the team to further divide the work packages into more manageable work components for estimating and scheduling the resources. In this scenario, which of the following techniques should the team use to complete the manager's request? A. Decomposition B. The parametric estimating C. The precedence diagramming method D. The bottom-up estimating
A. Decomposition
Which of the following process groups involves people and resources coordination, stakeholder management, as well as integrating and performing the activities of the project in accordance with the project management plan? A. Executing Process Group B. Monitoring & Controlling Process Group C. Initiating Process Group D. Planning Process Group
A. Executing Process Group
Which of the following is a tool or technique used in the Monitor and Control Project Work process? A. Expert judgment B. Rejected change requests C. Earned value technique D. Change control tools
A. Expert judgment
You are in the midst of a major code roll out for a new software module. However, it has come to your attention that the resources promised for the roll out are not going to be available. As the Project Manager, what is the BEST thing to do? A. Explain the impact of the lost resources to the stakeholders B. Replan the project without the resources C. Have the current staff work extra hours D. Fast Track the schedule
A. Explain the impact of the lost resources to the stakeholders
If you are requesting a vendor quote for a defined scope, what is the recommended contract type? A. Fixed price B. Commission C. Cost reimbursable D. Time and materials
A. Fixed price
You have just received notice that the organization you've been working for as a project manager has gone bankrupt. All employees have been given 72 hours notice of termination. What is the best course of action for the two projects you are managing? A. Follow company directives. B. Conduct a project closeout meeting. C. Leave the office today. D. Raise a claim for and on behalf of all the employees and contractors who were participating in the project
A. Follow company directives.
A project manager would find team development to be the MOST difficult in which type of organization? A. Functional organization B. Projectized organization C. Weak matrix organization D. Balanced matrix organization
A. Functional organization .
The project charter defines the overall scope and objectives of a project. Considering different inputs to the project charter, which of the following is NOT a correct statement? A. Government or industry standards cannot be used as an input to develop a project charter B. The project's business case is an input to the Develop Project Charter process C. Organizational process assets are input to the Develop Project Charter process D. When projects are executed for external customers, a contract or an agreement is used as an input to the charter
A. Government or industry standards cannot be used as an input to develop a project charter
Due to unforeseen circumstances your supplier has run out of the cement needed for your construction project. What is the BEST strategy for dealing with this issue? A. Implement a workaround B. Implement the contingency response strategy C. Refer to the risk register D. Refer to probability and impact matrix
A. Implement a workaround
The Create WBS process identifies the deliverables at the _______________ level in the Work Breakdown Structure (WBS). A. Lowest B. Any C. Tenth D. Highest
A. Lowest
Control Schedule is part of which Project Management process group? A. Monitoring and controlling B. Planning C. Executing D. Initiating
A. Monitoring and controlling
In a sender-receiver model for communication, information is sent and received between two parties, defined as the sender and the receiver. In such a model, anything that interferes with the transmission and understanding of the message is called: A. Noise B. Constraint C. Medium D. Decode
A. Noise
You are managing a project to manufacture widgets for a customer. The customer has come to the factory to examine the product, and determines that while the product itself meets its requirements, the manner in which about half the widgets have been packaged does not meet requirements and is insisting they be repackaged. This re-work will require considerable time, resources, and cost to complete. The investigation into how and why the packaging was problematic, revealed that no process was developed to govern how the widget was to be placed in the packaging. The result is that the assembly line workers developed their own processes for packaging. What do you do? A. Notify the project stakeholders immediately and accept responsibility for the failure to develop and implement a packaging process. B. Pursue formal disciplinary action against the assembly line manager and the quality manager. C. Contact the legal department. D. Crash the project.
A. Notify the project stakeholders immediately and accept responsibility for the failure to develop and implement a packaging process.
The sponsor of your facilities upgrade project has left the company to another organization. Few weeks later, you are reviewing the business case for the project and discover that there are several inconsistencies between what is stated in the business case and what is described in the project scope. Further research shows that the business case as a whole is based on inaccurate information. What do you do? A. Notify your project stakeholders immediately. B. Add this this to the risk log. C. Update the requirements. D. Call the sponsor for clarification.
A. Notify your project stakeholders immediately.
What is the best way to show, at a glance, all the work packages or project activities assigned to a specific organizational department? A. Organizational Breakdown Structure B. RACI chart C. Work Breakdown Structure D. Roles and Responsibilities Chart
A. Organizational Breakdown Structure
Jane has just started the Identify Stakeholders process for her project. She is currently looking for a template for the stakeholder register so that she doesn't have to reinvent the wheel. Where can she find stakeholder register templates? A. Organizational process assets B. Project charter C. Project management plan D. Enterprise environmental factors
A. Organizational process assets
You are a Project Manager working on a project to create high efficiency electric motors for a company introducing a new electric golf cart. Your company's president is keenly interested in the project and requests a chart that shows the number of defects by type ordered by their frequency of occurrence. Which type of chart would BEST meet this request? A. Pareto diagram B. Control chart C. Statistical sampling D. Scatter diagram
A. Pareto diagram
You are a Project Manager working on a project to create safe electric motors for Tessla introducing a new electric car. Your company's president is keenly interested in the project and requests a chart that shows the number of defects by type ordered by their frequency of occurrence. Which type of chart would BEST meet this request? A. Pareto diagram B. Control chart C. Statistical sampling D. Scatter diagram
A. Pareto diagram
A ___________ is a collection of projects or programs grouped together for strategic business needs. A. Portfolio B. Management System C. Enterprise D. Array
A. Portfolio
You are planning a storage device migration in a data center. During this phase of the project, who should be controlling the project? A. Project Manager B. SME's C. Sponsor D. Management
A. Project Manager
You have utilized 360-degree feedback techniques for your information gathering and are in the process of giving formal feedback to team members. You will be setting specific goals for employees for the remainder of the project. Which technique are you utilizing? A. Project Performance Appraisals B. Co-location C. Issue Log D. Observation and Conversation
A. Project Performance Appraisals
A project team collects project work performance data and transforms that into work performance information for the key project stakeholders on a monthly basis. Which of the following does not provide a good platform to share this information with the stakeholders? A. Project file updates B. Project update meetings C. Information management system D. Status review meetings
A. Project file updates
You are managing a heavy equipment manufacturing project that involves many mechanical, electrical as well as IT staff. Your team prepared a schedule network diagram using duration estimates with dependencies and constraints. Your team also calculated the critical path for the project using late and early values. Today, your project office has indicated about the non-availability of some of the resources you planned for the project. Now, you explore the possibility of modifying the schedule to account for limited resources. What is your best possible step in such a situation? A. Recalculate critical path using the critical chain method B. Perform resource leveling to account for limited resources C. Use crashing or fast tracking to level resources across the project D. Apply leads and lags to develop a viable schedule
A. Recalculate critical path using the critical chain method
A project manager in a seller organization discovered that certain deliverables had been handed over to the buyer without undergoing proper testing. Recalling the deliverables will result in a cost overrun to the project. What should the project manager do in such a case? A. Recall the deliverables even though there will be a cost overrun. B. Terminate the project. C. Approach management to obtain additional funding to handle the potential cost overrun. D. Wait for the procuring organization to get back with their list of defects in the deliverables.
A. Recall the deliverables even though there will be a cost overrun.
Which of the following documents will help trace the requirements to product design? A. Requirements traceability matrix B. Design traceability matrix C. Project scope statement D. Product traceability matrix
A. Requirements traceability matrix
You are meeting with your team, early in the project, and would like to address all the strengths, weakness, opportunities and threats the project is facing. What tool should be used? A. SWOT Analysis B. Interviewing C. Delphi Technique D. Brainstorming
A. SWOT Analysis
You have a team of engineers working on your project. Two of the engineers have frequent disagreements. You ask them to resolve their differences through a discussion. However, that does not yield any results. Subsequently, you get involved and based on an analysis of the situation, suggest some changes in the way they work with each other. This still does not yield results and you find that the project schedule is beginning to suffer. What is you next course of action? A. Take Disciplinary action, if required, since the needs of the project are not being met. B. Don't do anything. Differences of opinion amongst the team members is a healthy situation C. Speak to the two team members and ask them to resolve their conflict amicably. D. Ensure that they work in different shifts so that they don't clash with each other.
A. Take Disciplinary action, if required, since the needs of the project are not being met.
Peter is managing a hardware deployment project, and is creating a risk management plan. Which of the following would NOT be included in this plan? A. Templates B. Roles and responsibilities C. Budgeting D. Methodology
A. Templates
During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct? A. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate. B. The EAC forecast is best estimated using the estimate to complete (ETC) work performed considering both SPI and CPI factors. C. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the present CPI. D. The EAC forecast is best estimated using the estimate to complete (ETC) work performed at the budgeted rate.
A. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new estimate.
You are working as a project manager for MICTECH, an IT organization having a projectized organization structure. You have recently started managing a project that involves stakeholders from within and outside your organization. The stakeholders external to your organization are very critical as their interests are negatively affected by the project. You are making serious efforts to gather their expectations and influence levels early in the project to make sure that their voice is heard and proper communication needs can be planned in the future phases of the project. The outcome of your effort can be documented in: A. The stakeholder management plan B. The project scope document C. The risk register D. The stakeholder communication plan
A. The stakeholder management plan
What BEST describes the role of the project team members? A. To perform the project work B. To approve the change requests C. To be ultimately responsible for the project's success D. To authorize the project
A. To perform the project work
A project comprises of a virtual team with team members located in different offices in the same city as well as across different cities. The project manager wishes to built trust and good working relationships. One of the best ways to do this is: A. To use team-building strategies. B. Write a memo to the team, detailing out the need for good working relationships. C. Plan for job-rotation on a weekly basis. D. To encourage the use of telephonic conversations as much as possible.
A. To use team-building strategies.
A seller started out a project on the basis of a Time and Material contract. The initial contract amount based on the agreed-upon rates and effort was $ 100,000 over a 1 year period. However, when the project was completed, the total contract value turned out to be $ 350,000 over a 2 year period. What mechanism could the buyer have used to prevent this unlimited cost growth and schedule change? A. Use of a not-to-exceed value and a time limit on the contract. B. A service level agreement. C. A penalty based on the increased cost and timeline. D. Use of a fixed price contract.
A. Use of a not-to-exceed value and a time limit on the contract.
A project team has recently computed the project's current schedule and cost performance indices. They have also calculated the new estimate to complete and the TCPI based on the new estimate at completion. The project key stakeholders are not fully aware of the earned value management process. These measures in this case are an example of ? A. Work performance data B. Lessons learned C. Work performance information D. Learning curve for the stakeholders
A. Work performance data
When would Rolling Wave Planning be useful in a project? A. You should use Rolling Wave Planning to help you achieve the appropriate level of detail in each work package at the right time. B. You should use Rolling Wave Planning to determine the correct sequencing for long term items. C. You should use Rolling Wave Planning to help you organize team member's activities within a large project group. D. You should use Rolling Wave Planning to help you determine which activities are more important and should be done first.
A. You should use Rolling Wave Planning to help you achieve the appropriate level of detail in each work package at the right time.
48 What type of contract do you not want to use if you do not have enough labor to audit invoices? A Cost plus fixed fee (CPFF) B Time & material (T&M) C Fixed price (FP) D Fixed price incentive fee (FPIF)
Answer : A Hint: CPFF would involve auditing invoices presented by the vendor to account for the costs incurred.
34 Contract closure is different from administrative closure in that contract closure: A occurs before administrative closure. B is the only one to involve the customer. C includes the return ofproperty. D may be done more than once for each contract.
Answer : A Hint: PMBOK 5, Page 100, Sec 4.6 Close Project or Phase
36 An output of administrative closure is the creation of: A project archives. B a project charter. C a project management plan. D a risk analysis plan.
Answer : A Hint: PMBOK 5, Page 100, Sec 4.6 Close Project or Phase
38 An example of scope validation is: A Reviewing the performance 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.
Answer : A Hint: PMBOK 5, Page 133-134 Sec 5.5 Validate Scope
42 To control the schedule, a project manager is reanalyzing the project to predict project duration. She does this by analyzing the sequence of activities with the least amount of scheduling flexibility. What technique is she using? A Critical path method B Flowchart C Precedence diagramming D Work breakdown structure
Answer : A Hint: PMBOK 5, Page 536, Definition of Critical Path Method (CPM)
28 Breaking the major deliverables into smaller, more manageable components to provide better control is called: A Scope planning. B Decomposition. C Scope base lining. D Bill of Materials (BOM).
Answer : B Hint: PMBOK 5, Page 128, Sec 5.4.2.1 Decomposition
47 All of the following are examples of the cost of nonconformance EXCEPT? A Rework B Quality training C Scrap D Warranty costs
Answer : B Hint: PMBOK 5, Page 235
37 A temporary endeavor undertaken to create a new product or service is called a: A New product development. B Project. C Program. D Enterprise.
Answer : B Hint: PMBOK 5, Page 553, Definition of Project
50 The WBS for the project represents: A All the tangible items that must be delivered to the client. B All the work that must be completed for the project. C The work that must be performed by the project team. D All the activities of the project.
Answer : B Hint: PMBOK 5, Page 567, Definition of Work Breakdown Structure (WBS)
40 Approved Change Requests are an input to: A Control Scope and Validate Scope. B Direct and Manage Project Work. C develop project management plan and develop project charter. D Develop Project Management Plan and Develop Schedule.
Answer : B Hint: PMBOK 5, Page 82, Sec 4.3.1.2 Approved Change Requests
39 What conflict resolution technique is a project manager using when he says, "I cannot deal with this issue now!" A Problem solving B Forcing C Withdrawal D Compromising
Answer : C Hint: Avoidance or procrastination to deal with an issue comes under Withdrawal.
14 The "halo effect" refers to the tendency to: A promote from within. B hire the best. C move people into project management because they are good in their technical fields. D move people into project management because they have had project management training.
Answer : C Hint: Flaw in Expert Judgment when people good in certain areas are deemed as good in all areas.
17 A team is using a fishbone diagram to help determine what quality standards will be used on the project. What part of the quality management process are they in? A Perform quality control B Perform quality assurance C Plan Quality Management D Variable analysis
Answer : C Hint: PMBOK 5 Page 235, Sec 8.1.2 Plan Quality Management
26 In which project management process group is the detailed project budget created? A Initiating B Before the project management process C Planning D Executing
Answer : C Hint: PMBOK 5 Page 61 Table 3-1 Project Management Process Group and Knowledge Area Mapping
49 A project manager has just been assigned to a project. The document that recognizes the existence of the project is called: A The statement of work. B The project assignment. C The project charter. D The product description.
Answer : C Hint: PMBOK 5 Page 66 Sec 4.1 Develop Project Charter
44 Configuration management plan is: A Used to ensure that the description of the project product is correct and complete. B The creation of the work breakdown structure. C The set of procedures developed to control changes. D A mechanism to track budget and schedule variances.
Answer : C Hint: PMBOK 5, Page 138, Sec 5.6.1.1 - Configuration management plan
33 A schedule performance index (SPI) of 0.76 means: A you are over budget. B you are ahead of schedule. C you are only progressing at 76 percent of the rate originally planned. D you are only progressing at 24 percent of the rate originally planned.
Answer : C Hint: PMBOK 5, Page 224, Table7-1 SPI definition, usage and interpretation
41 A group of related projects that are managed in a coordinated way that usually include an element of ongoing activity is called a: A Major project. B Project office. C Program. D Group of projects.
Answer : C Hint: PMBOK 5, Page 553, Definition of Program
32 Quality is: A meeting and exceeding the customer's expectations. B adding extras to make the customer happy. C the degree to which the inherent characteristics fulfill requirements. D conformance to management's objectives.
Answer : C Hint: PMBOK 5, Page 556, Definition of Quality
31 A person who is involved in or may be affected by the activities or anyone who has something to gain or lose by the activity of the project is called a: A Team member. B Customer. C Stakeholder. D Supporter.
Answer : C Hint: PMBOK 5, Page 563, Definition of Stakeholder
46The work defined at the lowest level of the breakdown structure to estimate as well as manage time and cost is called the: A Activity. B Task. C Work package. D Cost account.
Answer : C Hint: PMBOK 5, Page 567, Definition of Work Package
13 Your company has an emergency and needs contracted work done as soon as possible. Under these circumstances, which of the following would be the helpful to add to the contract? A A clear contract statement of work B Requirements as to which subcontractors can be used C Incentives D A force majeure clause
Answer : C Hint: Read about Type of Vendor Contracts such as Cost Plus Incentive Fee (CPIF)
24 Your program manager has come to you, the project manager, for help with a bid for her newest project. You want to protect your company from financial risk. You have limited scope definition. What is the BEST type of contract to choose? A Fixed price (FP) B Cost plus percent of cost (CPPC) C Time and material (T&M) D Cost plus fixed fee (CPFF)
Answer : D Hint: CPFF is the best contract type from buyer perspective as the seller is aware that cost overruns may have to be borne by him.
6 If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is cost variance (CV)? A 350 B -75 C 400 D -50
Answer : D Hint: CV = EV - AC
27 Which of the following conflict resolution techniques will generate the MOST lasting solution? A Forcing B Smoothing C Compromise D Problem solving
Answer : D Hint: Except Problem Solving, all other approaches are temporary solutions resulting in recurring conflicts.
16 All of the following are characteristics of a project EXCEPT: A Temporary B Definite beginning and end C Interrelated activities D Repeats itself every month
Answer : D Hint: PMBOK 5 Page 3, Sec 1.2 What is a Project?
45 A rough order of magnitude estimate is made during which project management process group? A Project planning B Project closing C Project executing D Project initiating
Answer : D Hint: PMBOK 5, Page 201, Sec 7.2 Estimate Costs
43 A project manager has assembled the project team, identified 56 risks on the project, determined what would trigger the risks, rated them on a risk rating matrix, tested their assumptions and assessed the quality of the data used. The team is continuing to move through the risk management process. What has the project manager forgotten to do? A Simulation B Risk mitigation C Overall risk ranking for the project D Involving of other stakeholders
Answer : D Hint: PMBOK 5, Page 319-321 Sec 11.2 Identify Risks
30 Workarounds are determined during which risk management process? A Identify Risks B Perform Quantitative Risk Analysis C Plan Risk Responses D Control Risks
Answer : D Hint: PMBOK 5, Page 353, Sec 11.6.3.2
29 Which of the following is NOT an input to the initiating process group? A Company processes B The company culture C Historical WBSs D Project scope statement
Answer : D Hint: PMBOK 5, Page(s) 61, 106. Scope statement is output of Define Scope process under Planning.
35 During the full life cycle of the project, a plot of the project.s expected expenditures will usually follow a characteristic ..S.. shape. This indicates that: A There is a cyclic nature to all projects. B Problems will always occur in the execution phase. C There are high expenditures during closeout. D The bulk of the project budget will be spent in the execution phase.
Answer :D Hint: PMBOK 5, Page 214, Figure 7-9 Cost Baseline, Expenditures, and Funding Requirements
21 Purchasing insurance is considered an example of risk: A mitigation. B transfer. C acceptance. D avoidance.
Answer B Hint: PMBOK 5 Page 344 Sec 11.5.2.1 Strategies for Negative Risks
20 A project manager must have some work done by an outside contractor. This work has a great deal of risk associated with it, and it has become very difficult to find a contractor willing to take on the job. Which of the following types of contract would offer the greatest incentive to the contractor? A Cost plus percentage of cost as an award fee B Cost plus fixed fee C Cost plus incentive fee D Firm fixed price
Answer: A Hint: Option A is most lucrative incentive while option C also offers incentives. Read about Type of Vendor Contracts such as Cost Plus Incentive Fee (CPIF)
15 A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process-related work and the project manager has little authority to properly assign resources. What form of organization must the project manager be working in? A Functional B Matrix C Expediter D Coordinator
Answer: A Hint: PMBOK 5 Page 21, Sec 2.1.3 Organizational Structures
11 Risk tolerances are determined in order to help: A the team rank the project risks. B the project manager estimate the project. C the team schedule the project. D management know how other managers will act on the project.
Answer: A Hint: PMBOK 5 Page 311 Risk tolerance
(18) The sender of a message is responsible for: A Confirming the message is understood B Ensuring the receiver agrees with the message C Scheduling communication exchange D Presenting the message in the most agreeable manner
Answer: A Hint: The objective of communication is to ensure that the message is conveyed.
1 Which of the following is an advantage of centralized contracting? A Makes it easier to find vendors B Increases company expertise in contracting C Gives more loyalty to the project D Allows a contracts person to work on a single project
Answer: B Hint: A centralized department is created to bring in processes and uniformity, which leads to development of expertise.
10 The WBS and WBS dictionary are completed. The project team has begun working on identifying risks. The sponsor contacts the project manager, requesting that the responsibility assignment matrix be issued. The project has a budget of U.S. $loo,ooo and is taking place in three countries using 14 human resources. There is little risk expected for the project and the project manager has managed many projects similar to this one. What is the next thing to do? A Understand the experience of the sponsor on similar projects. B Create an activity list. C Make sure the project scope is defined. D Complete risk management and issue the responsibility assignment matrix.
Answer: B Hint: PMBOK 5 Page 149 Sec 6.2 Define Activities
Hint: Read Maslow's theory on hierarchy of needs. Self-actualization is on top of the pyramid. 4 Who is ultimately responsible for quality management on the project? A Project engineer B Project manager C Quality manager D Team member
Answer: B Hint: PMBOK 5 Page 16, Sec 1.7 Role of the Project Manager
23 In a matrix organization, which of the following is true?? A The project manager is responsible for employee skills improvement. B The functional manager is responsible for employee skills improvement. C The project manager is responsible for the employee.s annual appraisal. D The employee is responsible for his or her own skills improvement.
Answer: B Hint: PMBOK 5 Page 21, Sec 2.1.3 Organizational Structures
2 Risks will be identified during which risk management process (es)? A Perform Quantitative Risk Analysis and Identify Risks B Identify Risks and Control Risks C Perform Qualitative Risk Analysis and Control Risks D Identify Risks
Answer: B Hint: PMBOK 5 Page 312, Figure 11.1
7 A project manager has just been assigned to a new project and has been given the preliminary project scope statement and the project charter. The first thing the project manager must do is: A create a project scope statement. B confirm that all the stakeholders have contributed to the scope. C analyze project risk. D begin work on a project management plan.
Answer: B Hint: PMBOK 5 Page 66 Sec 4.1 Develop Project Charter
(3) The two closing procedures are called: A Contract closure and scope verification B Close Procurements and Close Project C Project closure and product verification D Project closure and lessons learned
Answer: B Hint: PMBOK 5, Page 61, Table 3-1 Closing Process Group
(11) Performance reviews are held to: A Correct the project manager's mistakes. B Provide for answers for upper levels of management C To assess project status or progress D To apprise the project costs and cost trends of the project
Answer: C Hint: Definition of Performance reviews, Page 549, PMBOK 5
19 A buyer extends a formal invitation containing a scope of work. The invitation seeks a response describing the methodology and results that will be provided to the buyer. This is called: A Invitation to bid. B Request for information. C Request for proposal. D Request for bid.
Answer: C Hint: PMBOK 5 Page 558 Request for proposal definition
12 A project manager is employed by a construction company and is responsible for the furnishing of the completed building. One of the first things that the project manager for this project should do is to write a: A Work breakdown structure. B Budget baseline. C Project charter. D Project plan.
Answer: C Hint: PMBOK 5 Page 66 Sec 4.1 Develop Project Charter; Page 16, Sec 1.7 Role of the Project Manager
(2) You are in charge of developing a new product for an organization. Your quality metrics are based on the 80th percentile of each of the last three products developed. This is an example of: A Statistical sampling B Metrics C Benchmarking D Operational definitions
Answer: C Hint: PMBOK 5, Page 116, Benchmarking (definition)
(8) Group brainstorming encourages all of the following except: A Team building A project manager facilitates communication B Analysis of alternatives C Convergent thinking D Uninhibited verbalization
Answer: C Hint: The objective of Brainstorming is to generate diverse ideas.
3 The highest point of Maslow's hierarchy of needs is: A Physiological satisfaction B Attainment of survival C Esteem D Self-actualization
Answer: D
(6) In communication, the receiver decodes the messages based on all but the following: A Culture B Semantics C Language D Distance E Knowledge
Answer: D Hint: Distance isn't among the criteria for interpreting a message received
(10) System integration consists of: A Assuring that the pieces of a project come together at the right time B Planning for contingencies that may occur throughout the life cycle of the project C The pieces of the project function as an integration unit D a and c
Answer: D Hint: Integration means bringing together of the components.
5 In the context of estimation, a heuristic is best described as a:: A control tool. B scheduling method. C planning tool. D rule of thumb.
Answer: D Hint: PMBOK 5 Page 204, Sec 7.2.2 Estimate Costs: Tools & Techniques
22 A cost performance index (CPI) of 0.89 means: A at this time, we expect the total project to cost 89 percent more than planned. B when the project is completed we will have spent 89 percent more than planned. C the project is only progressing at 89 percent of that planned. D the project is only getting 89 cents out of every dollar invested.
Answer: D Hint: PMBOK 5 Page 219 - Cost performance index
25 The project management process groups are: A Initiating, planning, expediting, and control. B Plan, organize, develop, and control. C Plan, do, observe, commit. D Initiating, planning, executing, monitoring &controlling, and closing.
Answer: D Hint: PMBOK 5 Page 49 Definitions of Process Groups
9 The project manager is making sure that the product of the project has been completed according to the project management plan. What part of the project management process is he in? A Planning B Executing C Monitoring and controlling D Closing
Answer: D Hint: PMBOK 5 Page 57 Sec 3.7 Closing Process Group
8 You are taking over a project during the planning process group and discover that six individuals have signed the project charter. Which of the following should most concern you? A Who will be a member of the change control board B Spending more time on configuration management C Getting a single project sponsor D Determining the reporting structure
Answer: D Hint: PMBOK 5 Page 66 Sec 4.1 Develop Project Charter
18 The equivalent of cost reimbursable contracts is frequently termed: A Back charge contracts. B Fixed price contracts. C Progress payment contracts. D Cost plus contracts.
Answer: D Hint: Read about Type of Vendor Contracts such as Cost Plus Incentive Fee (CPIF)
(7) How much time does the typical project manager spend communicating both formally and informally? A 40-60% B 50-70% C 60-80% D 75-90%
Answer: D Hint: with and among all the stakeholders including sponsor, customers, vendors, project team, PMO and upper management.
(19) What are the best uses of PERT: A Used in the planning phase to do " what if for the project. B Assist in the controlling of changes to the project. C Is used in the process of preparing a WBS for the project. D To measure future consequences of activities. E a and d.
Answer: E Hint: PMBOK 5, Page 553, See PERT definition
(30) A project kick off meeting is usually conducted to: A Setup project team and announce the PM assignment B To draft project charter C Build up team spirit D Define project scope and develop WBS
Answer:A Hint: A kick-off meeting gets the project team onboard and announces the manager
(27) Which of the following is not a General management technique? A Make-or-buy analysis B Analysis of alternatives C Applying PMBOK concepts D Lateral thinking
Answer:A Hint: Application of PMBOK is project management
(40) The delphi Method is best suited for: A Decision-making B Cost Control C Overhead rate estimating D Team discussions
Answer:A Hint: It can be used to vote for a decision.
(44) A document or tool which describes when and how human resources will be brought onto and taken off the project team is called a: A Staffing Management Plan B Responsibility Assignment Matrix (RAM ). C Organizational Breakdown Structure (OBS). D Resource Assignment Chart
Answer:A Hint: PMBOK 5, Page 265, Staffing Management Plan
(50) The three major types of communication are: A Written and oral, and verbal and nonverbal. B Verbal, formal documentation, informal documentation. C Verbal, written, and graphic. D Verbal, written, and electronic.
Answer:A Hint: PMBOK 5, Page 287
(21) A project management plan is: A A formal, approved document used to guide project execution, monitoring, and control. B A document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities. C A narrative description of products or services to be supplied. D A document describing the organizational breakdown structure of the company.
Answer:A Hint: PMBOK 5, Page 553, See Project Management Plan definition
(43) The party that needs the change resulting from the project, and who will be its custodian on completion is the: A Owner B Sponsor C Customer D Client
Answer:A Hint: Project owner is the custodian
(16) Project scope is: A All the work that must be done in order to deliver a product according to the specified features and functions, only. B The features and functions that are to be included in a product or service. C A narrative description of work to be performed under contract. D a and b E all of the above
Answer:A Hint: Project scope means all the work and only the work required to complete the project successfully
(25) Three major processes in Project Human Resource Management are: A Staff recruitment, project staff planning and team building B Plan HRM, Acquire Project Team and Develop Project Team C Rewarding, salary reviews and penalties D Staff acquisition, staff training, staff deployment
Answer:B Hint: PMBOK 5, Page 257, Figure 9-1
(46) A tool which links the project roles and responsibilities to the project scope definition is called: A Scope Definition Matrix B Responsibility Assignment Matrix C Roles Assignment Matrix D Project Scope and Roles Matrix
Answer:B Hint: PMBOK 5, Page 262 Responsibility Assignment Matrix
(47) Which of the following are outputs from the Plan Communications Management process? A Project records B Communications management plan C Performance reports D Formal acceptance E b and c
Answer:B Hint: PMBOK 5, Page 288, Figure 10-1
(49) The sending or conveying of information from one place to another is the process of: A Networking B Transmitting C Encrypting D Promoting
Answer:B Hint: PMBOK 5, Page 293, Sec 10.1.2.3 Communication Models
(29) ___________ must be measured regularly to identify variances from the plan. A Stakeholder requirements B Project performance C Schedule progress D Cost
Answer:B Hint: Project performance must be measured at regular intervals.
(5) Which of the following models of conflict resolution allows a cooling off period, but seldom resolves the issue in the long term? A Problem solving B Withdrawal C Forcing D Smoothing
Answer:B Hint: Withdrawal is a temporary solution that evades problem-solving as much as possible.
(22) Which of the following is NOT an example of a type of schedule report? A Gantt chart B Milestone chart C Fishbone diagram D Network diagram
Answer:C Hint: A fishbone diagram is meant for cause and effect analysis.
(12) A complex project will fit best in what type of organization? A Functional B Cross-functional C Matrix D Balanced
Answer:C Hint: A matrix organization is best for complex projects because of the mix of functional expertise and project management focus.
(26) A project is defined as: A A process of considerable scope that implements a plan. B An endeavor, which is planned, executed, and controlled; performed by people; and constrained by limited resources. C A temporary endeavor undertaken to create a unique product or service. D An objective based effort of temporary nature.
Answer:C Hint: A project is always temporary and every project gives a unique product or service.
(39) Your project is in the final test stage, the user acceptance test. It meets all the product specs and is under planned costs. In term of schedule, this project is ahead. Your customer met you and requested that he will not accept the product unless you make several changes. What you should do is: A Get the list of the changes and estimate all of them. If the total cost is still within the baseline, you will do it B Estimate the costs and send this to your customer requesting contract modification C Ask the customer to file a change request D Sit with the customer to review the product specs and tell him/her that you have completed the project.
Answer:C Hint: All the change requests must be made formal
(23) The most important criteria in deciding to initiate a project selection method is: A Stakeholder's vision B Low cost opportunity C Environmental consideration D Capability
Answer:C Hint: PMBOK 5, Page 10, Projects and Strategic Planning
(17)The unique identifiers assigned to each item of a WBS are often known collectively as: A The work package codes B The project identifiers C The code of accounts D The element accounts
Answer:C Hint: PMBOK 5, Page 132, WBS
(24) Which of the following is correct order for stages in Tuckman ladder? A Foaming, Steaming, Norming, Perfuming, Dispersing B Forming, Storming, Protecting, Norming, Adjourning C Forming, Storming, Norming, Performing, Adjourning D Framing, Storming, Norming, Protecting, Adjourning
Answer:C Hint: PMBOK 5, Page 276
(33) Which of the following statements concerning contract type is correct? A A fixed price contract contains the most risk for the buyer. B Cost reimbursable contracts offer sellers the highest profit potential. C Time and materials contracts are hybrid of cost reimbursable and fixed-price contracts.. D Unit price contracts are illegal in many jurisdictions.
Answer:C Hint: PMBOK 5, Page 364 Time and Material Contracts
(36) You are responsible for ensuring that your seller's performance meets contractual requirements. For effective contract administration, you should: A Hold a bidders conference B Establish the appropriate contract type C Implement the contract change control system D Develop a statement of work
Answer:C Hint: PMBOK 5, Page 383, Sec 12.3.2.1 Contract Change Control System
(4) During the develop schedule process, the Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. All of the following are tools and techniques that may be used during this process: A Critical Path Method, GERT, Resource Requirements B Resource Leveling Heuristics, Mathematical Analysis, Calendars C Schedule compression, Resource optimization techniques, Critical chain method D GERT, PERT, Leads and Lags
Answer:C Hint: PMBOK 5, Page 61, Table 3-1 Develop Schedule: Tools & Techniques
(32) Maslow ranked Human needs from the highest to lowest: A Self actualization; self promotion; social; security and physiological needs B Self esteem; self actualization; social; security and physiological C Self actualization; self esteem; social; security and physiological D Self fulfillment; self esteem; social; security and physiological
Answer:C Hint: Refer Abraham Maslow's hierarchy of needs.
(34) Herzberg identified factors, which, if present, will lead to increased motivation. A typical factor would be: A Good supervision B Job security C Regular promotions D Good salary E A dental plan
Answer:C Hint: Refer to Herzberg's Two Factor Theory
(37) The three major causes of change on a project are: A -Replacement of the project manager or key project team members; changes in priorities by senior management; and contractual difficulties.. B- Changes in the relative importance of time, resources, or cost ; new knowledge about the deliverable; and technological uncertainty C- Errors in the initial assessment of how to achieve the goal of the project; new information about the project deliverable; and a new mandate D -Unavailability of resources promised by the functional managers; cost overruns; and changes in customer requirements
Answer:C Hint: Scope change and estimation errors are the main causes
(45) In which type of organization is team building likely to be most difficult? A Functional B Projectized C Matrix D Project expediter E Project coordinator
Answer:C Hint: The team members report to multiple managers in matrix organizations.
(41) Which of the following methods is least likely to be used for explaining project planning guidelines to the team? A Project Office Memo B Project office directive C Project team meeting D Formal project report
Answer:D Hint: A report gives information about what happened and doesn't talk about planning or give guidelines or directives.
(42) Projects are initiated in response of: A Stakeholder's pressure B Business needs C Technological obsolescence D All of the above
Answer:D Hint: All those factors contribute towards project initiation.
(1) A business case, which helps to determine whether a project is worth the investment, is created on the basis of the following except for A Market Demand B Ecological Impacts C Social Need D Availability of Funds
Answer:D Hint: Availability of funds is not a criterion for a business case.
(38) The purpose of the review of deliverables and project performance at the conclusion of a project phase is to: A Determine how many resources are required to complete the project according to the project baseline B Adjust the schedule and cost baselines based on past performance C Obtain customer acceptance of project deliverables D Determine whether the project should continue to the next phase
Answer:D Hint: Closure of a project phase is a point to reassess the ongoing project progress and change or terminate the project if necessary. PMBOK 5, Page 41, Sec 2.4.2
(35) Your customer ask for a small change in the project, which was not budgeted in the project. It is a small effort as compared to the total project and you need the goodwill for a multimillion dollar on the pipeline. You will A Refuse to do the work B Agree to do the work at no charge C Do the work and bill him later D Assess the cost and schedule impact and tell them you will formalize the change request
Answer:D Hint: Impact of every change must be assessed and should go through change control
(31) Which of the following is not an external-unpredictable risk? A Changes in government regulations B Natural hazards C Unexpected environmental side effects D Inflation
Answer:D Hint: Inflation rate is known and predictablen
(28) According to PMBOK, project management processes are organized into following order of process groups: A Initiating, planning, executing, monitoring, and closing B Designing, developing, testing, and implementing C Initiating, designing, planning, executing, controlling, and closing D Initiating, planning, executing, monitoring and controlling, and closing
Answer:D Hint: PMBOK 5, Project Management Process Groups
(13) Which of the following could be an appropriate WBS code for a work package at the fourth level in a WBS where the top level code is 1.0? A 1.4 B 1.1.1.1 C 1.2.3.4 D a and c E b and c
Answer:E Hint: Both B and C follow the correct format
(20) Change requests can occur due to: A An external event such as a change in government regulation. B An error or omission in defining the scope of the product. C An error or omission in defining the scope of the project. D a and c E all of the above
Answer:E Hint: Change requests are made to ensure that the planned outcome of the project is achieved
(15) The review of key deliverables and project performance at the conclusion of a project phase is called: A phase exit B kill point C stage gate D a and c E a, b and c
Answer:E Hint: PMBOK 5, Page 41, Sec 2.4.2 Project Phases
(14) Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components? A Plan Scope Management B Define Scope C Validate Scope D Control Scope E Create WBS
Answer:E Hint: Project deliverables are broken into work packages un Create WBS process
(48) Which of the following statement is correct? A Process Groups are same as Project Phases B Each Process Group has a mapped Project Phase C Process Groups are not Project Phases D Monitoring and Control Process Group applies only in monitoring and control phase
Answer:c Hint: PMBOK 5, Page 420, A1.3 Project Management Process Groups
1. A project manager is preparing two documents for risk management. One contains sources of overall project risk and also summary information on individual risks. The second describes individual risks identified. What name should the project manager give to the first document? A Risk register B Risk report C Risk management plan D Requirements traceability matrix
B
100. An organizational change project is accompanied by a set of business documents, including a business case and a benefits management plan. When a project manager has been assigned to the project, what should be the first step to get chartered for the project? A Collect requirements on the project to prepare the development of the project scope statement and the work breakdown structure. B Review the business documents to understand the project's objectives and how it is expected to contribute to the business goals. C Develop a backlog of product components, features, functions, and develop a bill of materials from them for the project. D Develop a human resource plan to capture team members assigned and their availability for the project.
B
12. Which should be included in a requirements management plan? A The document should trace requirements to project scope / WBS deliverables. B It should describe how requirements activities will be planned, tracked, and reported. C It should trace high-level requirements to more detailed requirements. D It should trace requirements to business needs, opportunities, goals, and objectives.
B
18. Start dates in the following network logic diagram are defined as early morning, finish dates are evening. If tasks are scheduled to begin at early start date, what is true? A Activity B has a free float of 10 d. B Activity B has a total float of 10 d. C Activity A has a free float of 10 d. D Activity A has a total float of 10 d.
B
20. A project management team wants to procure customized products which can be specified easily and are available in identical grade and quality from several vendors. The procurement documents will probably have to support what main intention? A Describing the needs of the project in sufficient detail to enable vendors to make suitable proposals based on each one's specific strengths B Specifying attributes of the requested deliverables in detail to get identical bids from vendors and allow selection using the "Least cost method". C Helping to clarify the approved project scope statement and giving guidelines to break it down into the WBS and the WBS dictionary of the project D Developing the risk management plan and the risk reports from those risk management reviews which have been made so far eith the vendors
B
24. A project management team is evaluating the causes that might contribute to unsatisfactory performance and quality. They are discussing the influence of common causes (also called random causes) and special causes. Which of the following statements should they use as a guidance to identify the types of causes of the problems found? A Special causes are generally easier to predict and cope with than common causes. B Normal process variation is attributable to common causes that are part of the system. C Common causes are unusual, fleeting events, which are difficult to foresee and often produce outliers. D Processes can not be optimized to limit the bandwidth of variations due to common causes.
B
3. A production process has been defined as part of an industrial equipment manufacturing project. The process is intended to produce steel bolts with a length of 20 cm. The control limits are 19.955cm and 20.045cm. The measurements made at the end of the process yielded the following results: 20.033cm, 19.982cm, 19,995cm, 20.056cm, 19.970cm, 19.968cm, 19.963cm, 19.958cm, 19.962cm, 19.979cm, 19.929cm. What should be done? A The process is under control. It should not be adjusted. B The process should be improved. C The control limits should be adjusted. D The measuring equipment should be recalibrated.
B
31. Activity 1 has a duration of 20 days, activity 2 of 10 days, activity 3 of 5 days and activity 4 of 6 days. What is the minimum total duration between the milestones A and B? A 36 days B 37 days C 39 days D 42 days
B
33. What kind of behavior do project managers refrain from? A Theft, embezzlement B Fraud C Corruption D Bribery A -a B -a, b, c, d C -b, c, d D -b, c
B
35. Which statement describes best why you should document assumptions? A Assumptions might prove to be wrong. Knowing which assumptions were incorrect allows baseline adjustments in case of project crisis. B Assumptions recorded in the assumptions log may help identify individual project risks during risk identification. C Assumptions limit the project management team's options for decision making because they can not be controlled by the team. D In case of schedule or budget overruns, the documentation of assumptions supports a clear assignment of responsibility.
B
36. Which is normally not regarded as an element of cost of quality? A Prevention costs B Maintenance cost C Appraisal costs D Failure costs
B
40. Which statement on conflicts is true? A Conflict resolution should focus on people, not issues. B A project manager should resolve conflicts in a timely and constructive manner. C Conflict should always be resolved in private and not in the team. D Too much openness to stakeholders is a common cause of conflict.
B
42. What is a trigger in project risk management? A An expected situation causing an unidentified risk to occur B A warning sign that a previously identified risk might be occurring or has occurred C An unexpected situation causing an identified risk to occur D An unexpected situation causing an unidentified risk to occur
B
49. You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile been finished. You expect future costs of the project as was originally planned You perform earned value analysis and get the following results: EV: 250,000; PV: 200,000; AC 275,000 BAC is 500,000. What is right? A EAC = 550,000 B EAC = 525,000 C EAC = 500,000 D EAC = 425,000
B
51. What is true for prototypes? A Prototyping causes significant costs and should be avoided wherever possible. B They are tangible and allow for early feedback on requirements by stakeholders. C Prototypes are mostly developed toward the end of a design or build phase. D Prototypes increase the risk of misunderstandings between developers and users.
B
52. Constructive changes are a common source for conflicts between customers and contractors in projects under contract. What is a constructive change? A A change request that helps improving the project and its product, service, or result and could be generally discussed in a friendly style. B A direction by the buyer or an action taken by the seller that either party may post hoc consider an undocumented change. C A field change or ad-hoc change mandated by the project customer in a public construction project. D A change request which will lead to the re-construction of an older version of the project performance baseline by the contractor.
B
64. Which of the following statements describes best the relationship between project phases and the project life cycle? A The project life cycle includes the time when the project is performed and the expected product lifespan after that. B In project management, a sequence of project phases and phase gates is often referred to as project life cycle. C The project life cycle is regarded as a sequence of project activities while phases are defined to control overlapping activities. D The project life cycle describes how iterations of project management processes are used when a project schedule is developed.
B
67. An output of the process Estimate activity resources is the documentation of "resource requirements". It identifies the types and quantities of resources... A ...while the term resources is limited to equipment and materials. B ...required to perform each activity or work package. C ...while the term resources is limited to human resources. D ...to be obtained solely from inside the performing organization.
B
69. Which statement describes best the meaning of the term cost baseline? A A cost baseline is always created by translating time-phased cost information into cost data on activity or work-package level. B A cost baseline is an approved time-phased budget that will be used to measure and monitor cost performance on the project. C Data to draw a cost baseline can be easily generated and updated as necessary from information related to actual project cost. D A cost baseline is usually displayed in the form of an inverse S-curve drawn from the beginning of the project until data date.
B
74. You have been asked to calculate the internal rate of return (IRR) of a project? What will you assess? A The time period needed to pay back the investment from a project when future income is discounted. B The inherent discount rate or investment yield rate produced by the project's deliverables over a pre-defined period of time. C The rate of negative risk that can be accepted for a project without turning the expected net present value negative. D The expected benefit from a project's deliverable calculated as a percentage of the original investment over a specified time period.
B
77. A project manager travels to a country whose culture is unknown to her. She realizes that her direct way of communicating creates discomfort for some people she interacts with. What could she consider improving? A The communications management plan B Her cultural awareness and cultural sensitivity C Her predisposition to culture shocks D The stakeholder responsibility matrix
B
82. A project management team consolidates a number of planning documents to a collection called "project management plan" and ensures that these documents are consistent among each other. What documents could become part of the project management plan? A Resource calendars and project schedule B Management plans and baselines C Lessons learned register and quality report. D Resource management plan
B
89. A project management team has identified, analyzed and prioritized a great number of individual project risks and also some overall risks. The team discusses strategies to respond to them. What is true for strategies that can be used for individual risks? A They differ fundamentally from those used for overall risk. B They can also be used to respond to overall risk. C Only responses for threats can also be used for overall risk. D Only responses for opportunities can also be used for overall risk.
B
91. A project has been given into the hands of a contractor and will be performed against payments by the customer. During contract development, it has been agreed that the buyer's procurement statement of work (SOW) would become an appendix to the contract (CSOW), turning it into a part of the agreement. From the contractor's perspective, which should be among the next steps to initiate and plan the customer project? A The contractor can mostly disregard the SOW, because the language in the contract's main document is the binding one for the project. B The contractor should ensure that the project management team understands how the CSOW becomes a key input to many of the seller's processes. C The contractor should regard the requirements laid down in the CSOW as the only binding ones and focus solely on meeting them during the project. D The contractor-side's project team can do the project without knowledge of the contract and the SOW just by clarifying requirements directly with the customer.
B
93. A project management team has identified a large number of sellers who seem capable to be taken as contractors into the project supply network and allocated to work items. What should be the next step for the team? A Invite the sellers to contract negotiations. B Develop a short list of qualified sellers. C Conduct a technical evaluation of proposals. D Sign contracts with the sellers.
B
5. Stakeholder management is a critical aspect of managing a project. In order to manage stakeholder expectations, the project manager must come up with a strategy. One technique that can be used to develop this strategy is the ______________________. a. Issue log b. Stakeholder analysis c. Stakeholder register d. Stakeholder management plan
B Stakeholder analysis defines the stakeholder management strategy and includes specific information such as the identities of those stakeholders who can significantly impact the project and their level of participation. The issue log evolves while managing the stakeholder expectations and may result in change orders to incorporate corrective or preventive actions. The stakeholder register identifies the project's stakeholders. The stakeholder management plan identifies the management strategies required to effectively engage stakeholders.
8. Earned Value (EV) for a new operating system design project is calculated at $300,000 and the Actual Cost (AC) is $280,000. The Budget at Completion (BAC) is estimated at $500,000. The project is progressing well from a budgetary point of view, since the CPI value is greater than one. What is the Estimate at Completion (EAC) if the future work of the project is performed at the budgeted rate? a. 580,000 b. 480,000 c. 780,000 d. 500,000
B The Estimate at Completion (EAC) is the total cost of the project when completed. There are two methods to calculate the EAC. It can be calculated at the budgeted rate, or it can be figured using the present CPI. The EAC at the budgeted rate is based on performance to date and represented by the actual accrued costs. The formula for EAC = AC + BAC - EV = $280,000 + $5000,000 - $300,000 = $480,000.
19. Which of the following processes describes the collection, measurement and distribution of performance information, and measuring the health of the project to identify project areas that require corrective or preventive actions? a. Direct and manage project execution b. Monitor and control project work c. Integrated change control d. None of the above
B The progress of the project is measured during the monitor and control project work process. Monitoring activities include measuring, collecting , and distributing performance information, and controlling activities include determining corrective or preventive actions.
4. An office furniture manufacturing company has initiated a project to computerize and automate some of their manufacturing process systems. The manufacturing personnel are not happy with this idea, and they are afraid they may lose their jobs because of the automation. As the project manager, what would your first step be? a. Create a probability and impact matrix b. Include manufacturing personnel as project stakeholders c. Meet with manufacturing employees and tell them their jobs are safe d. Meet with the sponsor to get their advice
B While some stakeholders benefit from a project, others may be negatively impacted by the outcome. As a project manager, you must identify both groups of stakeholders. Failure to recognize the stakeholders negatively affected may jeopardize the project objectives. Since meeting with the sponsor would not necessarily resolve the issue because you have not heard the concerns of the negative stakeholders yet, your initial step would be to include the manufacturing personnel as project stakeholders. Preparing a probability and impact matrix might be a logical next step, but without analysis of the impact and its probability, it would not be prudent to assure the employees their jobs were not in jeopardy.
Question - 188 You are in charge of a software project and you are almost 40% complete.The project stakeholders want a [performance report to date.You had planned to use Earned Value Management methodology.You come up with the following numbers: EV = 300 AC = 100 PV = 150 BAC = 600 ETC 300 You and your team are very confident of continuing at the same rate as till now . The project has not faced any major issues and you and your team's confidence level is high that the project would complete without any hiccups. Based on this information what would be the EAC for the project ? A. 400 B. 200 C. 400 D. 106
B is the correct answer. The correct answer is B - this is because here it is stated that whatever issues or lack of them experienced in the project are expected to continue - so here the past performance is expected to continue.So the formula : EAC = BAC / CPI. CPI = EV / AC = 300 / 100 = 3 EAC = 600 / 3 = 200
Question - 41 You are the project manager and decided to outsource a part of the project to a vendor. The vendor discovered some issues that impact the cost and schedule of its work. How does the vendor update the agreement? A. A new contract needs to be signed by your company and the vendor B. A contract addendum needs to be signed by your company and the vendor C. An SOW needs to be signed by you and the vendor D. None of the above
B is the correct answer. A contract addendum needs to be signed by your company and the vendor.
Question - 126 A friend of yours approaches you seeking advice.She indicates she has offers from two organizations.Her role in one of the organization is that of a project Co-ordinator while in the other organization her role is that of a Project expediter.She is not quite clear of the difference between the two roles and seeks your advice.Which of the following statement is true ? A. There is really no difference between the two B. Project Expediter has no authority and cannot take decisions.Project co-ordinator has some authority and decision making authority. C. Project co-ordinator has no authority and cannot take decisions.Project Expediter has some authority and decision making authority. D. Project expediters are found in projectized organizations and Project co-ordinators are found in Functional organizations
B is the correct answer. A project expediter has no authority or decision making ability.A project co-ordinator has some amount of authority and some amount of decision making ability.So the correct answer is Option B .
Question - 130 You are the project manager of a marketing project and need to purchase some equipment. The accounting department needs a unilateral contract from you. Accounting is referring to which of the following: A. Legal Binding Contract B. Purchase Order C. Statement of Work D. WBS
B is the correct answer. A unilateral contract is simply a purchase order.
Question - 186 Which of the following statement is NOT true regarding starting a project without a charter ? A. There is a risk of constant change without a formal approved charter B. There is no risk of greater number of changes and disruption without a project charter. C. Managing expectations of different stakeholders can be an increased challenge without a formal approved charter D. The project manager will be undermined since the project manager would lack formal authority.
B is the correct answer. All the options A , C and D correctly state the disadvantages of starting a project without a formal approved charter.These are the very reasons why a project should not be started without an approved charter where risks of constant change , managing stakeholder expectation , lack of visibility of project's vision , mission , business case and also lack of authority to the project manager to execute the project.So the correct answer to the question is option B since it incorrectly states that there is no risk of increased changes without an approved proejct charter.
Question - 121 You are a project manager for a project. While reviewing the cost estimates for the project, you notice that one of the cost estimates for an element in the WBS is 20% higher than the previous project for a very similar work. What should you do next? A. Accept the estimate. B. Ask the person responsible about the difference. C. Ignore it. D. Reduce the estimate.
B is the correct answer. Best option is to ask the person responsible about the difference and create the most accurate estimate that is practical.
Question - 104 Your company policy allows accepting gifts from customers within certain limit. Your customer is giving you a gift which is beyond the limit of your company policy. You have given a gift to the customer's representative already which has similar in value. What should you do? A. Accept it and don't tell anyone. B. Contact your company's senior management and ask for assistance. C. Ask your customer about company policy. D. Refuse it.
B is the correct answer. Best option is to contact your company's senior management and ask for assistance.
Question - 33 Your company policy allows you to gift customers within certain limit. By mistake, you have given a gift to the customer's representative already which is beyond the limit mentioned in your company policy. What should you do? A. Forget it and don't tell anyone. B. Contact your company's senior management and ask for assistance. C. Ask your customer to return the gift. D. Ask your customer to give you a gift which has the same cost
B is the correct answer. Best option is to contact your company's senior management and ask for assistance.
Question - 136 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations.You have been assigned to handle a large construction project.You decide to do a thorough stakeholder analysis and you identify Laura and Sean.Based on your interactions and analysis - you know that both Sean and Laura are low in the pecking order so they do not wield any significant authority or power.However where it differs is in their interest in the project.Laura has a lot of interest while Sean is disinterested . You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders ? A. Both Sean and Laura should be Kept Informed. B. Sean should be Monitored and Laura should be Kept informed. C. Both Sean and Laura should be Monitored. D. Sean should be Kept informed and Laura should be Monitored.
B is the correct answer. Both Sean and Laura do not wield a lot of power and authority .However the differentiator seems to be their level of interest.While Sean is disinterested Laura has a high level of interest in the project.Stakeholders who have a high level of interest but who wield insignificant authority or power should be Kept informed - in this case Laura. Stakeholders who have a low level of interest and who wield insignificant authority or power should be Monitored - in this case Kelly.The correct answer being - Option B
Question - 144 You are in charge of a project that is running behind schedule.Your lead architect approaches you and indicates that should he introduce a change - the project could possibly catch up on lost time.What should be the FIRST thing you should do? A. Its a great suggestion which can bring the project back on schedule - so go ahead and implement it. B. Ascertain the impact of the change to your cost and scope and then write a change request and get a formal approval C. Write a change request and get a formal approval before making any changes D. Flatly refuse to make any changes
B is the correct answer. Both options of refusing to make the change outright or making the change immediately without analyzing are incorrect - so clearly options A and D are not the right choices.The question asks about what you should do first - so though writing a change request and getting an approval is logical - even better is to first ascertain the impact of the change.You already know that the change can reduce the schedule but you should also try and find the impact of this change to your other constraints - which are scope and cost - so once you have analyzed the impact of this change - you can now submit a change request and seek approval - hence option B is the BEST course of action.
Question - 17 You are managing a project that has teams located in different parts of the world. While the advantage of colocation is beneficial - the team structure or locations cannot be changed., Being an experienced manager that you are - you realize that without a proper communication channel can quickly lead to chaos. What would your choice of communication be? A. Formal and Verbal B. Formal and Written C. Informal and written D. Informal and Verbal
B is the correct answer. Considering cross located teams and difference in cultures involved the best choice of communication in this case would be formal and written.
Question - 10 Your team is in its second month of development.You are managing a software development project for a banking product.In one of the team meetings a debate arises if defects found during Quality control need to undergo change control.Some team members are convinced that all defects should undergo change control while the other half is convinced that defects do not need to undergo change control.Which of the following statements are untrue ? A. Defects to deliverables need to undergo change control B. Defects to deliverables need not undergo change control C. Corrective actions need to undergo change control D. Preventive actions need to undergo change control
B is the correct answer. Defects to deliverables , corrective actions and preventive actions - all of these need to undergo change control.So all the above statements are true except option B
Question - 95 Your company has been tasked with providing estimates for a road construction project. You have data available related to costs per square feet. You now need to provide an estimate of the cost of the project based on this data - what estimation technique is most applicable in such a scenario ? A. Top Down estimates B. Parametric Estimating technique C. Bottom Up Estimating D. Analogous Estimation
B is the correct answer. Here the correct answer would be Parametric Estimation - this is because the cost per unit is readily available. Parametric estimation uses the relationship between variables to determine cost or duration It calculates the cost or duration of the unit and also determines the number of units required which helps in calculating the cost / duration of the project.
Question - 80 Your project is in a critical phase.You notice one of the team members comes in late into office and leaves early.This is clearly impacting delivery.You decide to discuss the details with the concerned team member to better understand the details.On discussion you find no specific reasons so you explain the necessity and criticality of the project expecting the team member improves. However next week your lead engineer reports about inadequate time being spent by the same person in office.What would be the best choice of communication in this case ? A. Informal and verbal B. Formal and written C. Informal and written D. Formal and verbal
B is the correct answer. In this case you have already tried out the option of discussing with the team member once - which is an example of Informal verbal.Clearly that has not worked so it calls for a more stricter reprimand - so here the correct form of communication would be a formal written communication.
Question - 29 You are managing a project to set up a brand new play area for the community. You and your team have been working as per plan and things are moving smoothly. Suddenly one of the stakeholders indicates that the play area must also include a sand pit. This was not originally planned for so you analyze the impact to the cost , schedule and scope. You then submit the change request to the Change control board for their approval. You have immediately received an approval - what should your next step be ? A. Get the work done immediately and start executing B. Update the impacted baselines - scope , cost and schedule C. Update the work performance reports and share with stakeholders D. Setup a meeting with the change control board
B is the correct answer. Once you have created the change request and submitted for approval - you don't need to set up a separate meeting with the change control board - unless asked for. Work performance reports will be shared as per agreed frequency - however it is irrelevant to the question. You might be tempted to jump in and start work immediately - but the first thing that should be done is to update the impacted baselines. In this case all the three baselines - this is necessary to ensure that performance information is tracked against the new baselines and not the old ones - the correct answer is option B
Question - 153 Which type of relationship is often used in Precedence Diagramming Method ( PDM ) ? A. Finish-to-Finish B. Finish-to-Start C. Start-to-Start D. Start-to-Finish
B is the correct answer. Option B is the correct answer - Finish-to-Start. This means that Successor Activity cannot happen till Predecessor Activity completes.
Question - 83 To facilitate,measure and control Quality - you have been asked to use the seven basic quality tools - also known as 7QC tools - which ones would they be ? A. Cause and effect diagrams , Flowcharts , Checksheets , Pareto diagrams , Histograms , Control Charts, Sequence Diagrams B. Cause and effect diagrams , Flowcharts , Checksheets , Pareto diagrams , Histograms , Control Charts, Scatter Diagrams C. Activity diagrams , Flowcharts , Checksheets , Pareto diagrams , Histograms , Control Charts, Sequence Diagrams D. Cause and effect diagrams , Monte Carlo analysis , Checksheets , Pareto diagrams , Histograms , Control Charts, Scatter Diagrams
B is the correct answer. Option B is the correct answer.
Question - 100 You have replaced a project manager on a project that is already in the execution phase.The project is behind schedule and you have been specifically brought in to ensure the project meets its schedule.You decide to review the schedule network diagram created by the earlier project manager and you realize that the project is 3 weeks behind schedule. After reviewing the activities and the network diagram you decide to Crash the schedule.So this means you A. Decrease the scope of the project after discussing with the sponsors B. Add additional resources to the activities on the Critical path C. Perform activities in Parallel to decrease the schedule D. Discuss with the sponsors and explain how it is not going to be possible to meet the schedule.
B is the correct answer. Option B is the correct answer.Crashing is a technique used to shorten the schedule by adding resources. Option A and D are clearly not correct - and Option C is really an example of Fast Tracking.
Question - 164 Which of the following is NOT part of the Control Quality process? A. fishbone diagram B. Quality audits C. Pareto Diagram D. Histogram
B is the correct answer. Quality audits are part of the Manage Quality process.
Question - 175 One of your project managers reports that her project has hit a roadblock.You are surprised since just the week before on reviewing the project everything seemed to be on track.She explains that a team member has identified a problem which was never envisioned in the risk identification process.Based on the analysis the impact would be to the cost to rectify the issue.What would be the best course of action? A. Add this risk with its impact and probability to the Risk register. B. Use the Management reserve to correct the issue C. Use the Contingency reserve to correct the issue D. Schedule a meeting with stakeholders and explain the problem
B is the correct answer. The best course of immediate action on identifying a risk is to add it into the risk register along with its probability and impact.That is applicable for risks and not issues!In this case the risk has already occurred - it is no longer a risk - its a reality - an issue!While scheduling a meeting is an option its not the best choice.Being a project manager you are empowered and calling up meetings every time you run into issues would not be looked upon favorably.The correct answer is using the mangement reserve which is meant for unknown risks when they occur.Contingency reserves are meant to be used for known risks when they occur.
Question - 178 A project is reporting a negative Cost Variance - what does this mean ? A. The project is under Budget B. The project is over Budget C. The project is running as per Budget D. None of the above
B is the correct answer. The correct answer is - B : CV = (EV - AC) So if the Cost Variance is in the negative the Actual Cost is greater than the earned value which means the project is running over budget.
Question - 187 A project is ahead of schedule when A. CPI > 1 B. SPI > 1 C. CPI and SPI > 1 D. SPI less than 1
B is the correct answer. The correct answer is B - SPI = EV / PV - so if the EV is greater than PV then SPI > 1 which means the project is ahead of schedule.
Question - 105 You are responsible for a project with high risks particularly during the early phases - your sponsor has asked for performance reports on a monthly basis. At the end of the first month you report a CPI greater than 1 and also the SPI greater than 1. What would this mean ? 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 but over budget D. The project is behind schedule but under budget
B is the correct answer. The correct answer is B - SPI greater than 1 indicates the project is ahead of schedule while a value less than 1 indicates the project is behind schedule. CPI value greater than 1 inidcates project is under budget while a value less than 1 indicates the project is over budget.
Question - 70 You and your team are planning out the work to be done.You break up the work into discrete workpackages.To ensure that each work package has all the necessary details - you and your team decide to write down detailed information for each work package such as Statement of work , details of the work package and who will be the responsible individual for the work package. Where would you store this information in ? A. Approved Project Scope Statement B. WBS Dictionary C. WBS D. Project Management Plan
B is the correct answer. The correct answer is B - which is where this information is stored.
Question - 18 Rather than use Triangular Distribution while doing Three Point Estimation you choose to use Beta Distribution.Based on your analysis and understanding you are confident that the project would be completed with a total cost of 108,000 $.You also estimate that a best case estimate would be 90000 $ while a worst case scenario would result in the costs incurred to shoot up to 138000 USD. What would the Three point Cost estimate be using Beta Distribution ? A. 112000 $ B. 110000 $ C. 101000 $ D. None of the above
B is the correct answer. The correct answer is B.The question states we should use Three point estimate using Beta distribution. The formula for this estimation technique is 4a + b + c / 6 where a = Most Likely estimate , b = Estimate based on Best case scenario and c = Estimate based on Worst case scenario. So the Three point estimate using Beta distribution is (4 *108000) + 90000 + 138000 / 6 = 660000/6 = 110000 $
Question - 150 A software development project has been awarded to one of the many vendors.Your company and the vendor have agreed to build this project using the Waterfall Methodology. You decide to check with the progress regarding when development will start. The Vendor informs you that the actual Development can only start after completion of the Design.Which type of relationship best describes the dependency between Design and actual Development ? A. Finish-to-Finish B. Finish-to-Start C. Start-to-Start D. Start-to-Finish
B is the correct answer. The correct answer is Option B - Finish-to-Start which means that the Successor Activity cannot start without the Predecessor activity completing. In this case the Design is the Predecessor activity and Development is the Successor Activity. So here Development ( Successor Activity ) cannot start without completion of Design (Predecessor Activity)
Question - 160 Given a project which reports a CPI less than 1 - you have asked one of your managers to generate the TCPI - what formula should the project manager use in this case ? A. ( BAC - EV ) / ( BAC - AC ) B. ( BAC - EV ) / ( EAC - AC ) C. EV / AC D. EV / PV
B is the correct answer. The correct answer is Option B - Option A is to be used when the project is within budget - in our case the CPI value is less than 1 so - the project is not within budget.Option B is to be used when the project is over budget - which is the case for us - so it is the correct formula to use. Options C and D are not TCPI formulaes - they are the CPI and SPI calculations so they are not the correct choice.
Question - 118 In order to determine the details of the work to be performed in work packages - which of the following can be used ? A. WBS B. WBS Dictionary C. Control Account D. Work Packages
B is the correct answer. The correct answer is Option B - WBS Dictionary.It provides details such as description of work to be done for each work package , any schedule milestones , statement of work.It is also used to prevent scope creep.
Question - 43 You are in the process of executing a project that deals with laying out electrical cables connecting two cities.You have been reporting progress on a monthly basis.In this month due to unplanned vacations many of the staff have not turned up at work.This has caused a delay in the schedule.You decide to check if the schedule variance is within the allowable threshhold - what document should you refer to ? A. Project Management Plan B. Schedule Management Plan C. Project Schedule Network Diagram D. Activity Definition
B is the correct answer. The correct answer is Option B - the acceptable schedule variances are defined in the Schedule Management Plan.
Question - 176 Of the following baselines which is not a part of the Project Management Plan ? A. Scope Baseline B. Quality Baseline C. Cost Baseline D. Schedule Baseline
B is the correct answer. The project management plan contains the following baselines : Scope , Schedule and Cost.Infact there is no such thing as a Quality Baseline - so the correct answer is option B
Question - 145 You are in a very happy state today as you have completed all the deliverables.This was a complex project involving a lot of challenges - but with good management and a motivated team things have been completed successfully.What should you do next as a project manager ? A. Perform Quality Control B. Update lessons learned C. Verify scope D. Disband the team
B is the correct answer. The question is looking for details related to the closing process group.Scope verification is performed during the monitoring and controlling process group.So is the case with Perform Quality Control.One of the most important things to do during project closure is to create the lessons learnt prior to disbanding the team.The correct answer is option B
Question - 11 You are responsible for managing a project that deals with laying out a freeway connecting two major port cities.Progress on the project has been smooth and you and your team are very confident on completing the project well within the stipulated timelines.On reviewing you see that the project has also run below the budget resulting in savings.You decide to add an extra feature of reflector strips on the road every mile.You do a quick calculation and are satisfied that neither budget nor schedule will slip.You feel that by adding these extra features you could also bag some future projects as well.This is an example of : A. Scope Creep B. Gold Plating C. Integrated Change Control D. Fast Tracking
B is the correct answer. This is an example of Gold Plating. Integrated change control deals with formally approving or rejecting changes before they are implemented so it is not the correct answer. Fast tracking is a schedule compression technique - so it too is not the correct answer. While Scope Creep is related to change in scope it is related to uncontrolled changes in product or projects scope and is often due to client interference. Gold plating is done intentionally or knowingly for some strategic purpose. Here the manager believes that by adding the extra features future projects could be bagged.
Question - 54 You are in charge of managing a software development project which is related to simulations for driving racing cars. IN one of your team meetings - it has been reported that a lot of issues have been reported in the air tunnel modelling module. On deeper analysis - it is found that many of the issues could have been prevented had a simple code review checklist been used. You decide to mandate usage of the code review checklist for all subsequent deliveries to ensure other deliveries are less issue prone. This is a good example of : A. Corrective Action B. Preventive Action C. Defect Repair D. Quality Control
B is the correct answer. This question is meant to test your understanding of the difference between what corrective action and preventive action is.Defect repair might sound tempting - but it is only applicable for the issues found for the current delivery.Here the question also states some additional steps being mandated ( code review for all subsequent deliveries ).This is also not about Quality control - so that leaves us with only two options - Corrective or Preventive actions.Corrective actions are always preceded by nonconformity while preventive action is never preceded by nonconformity.In this case nonconformity in the form of a lot of issues during Quality Assurance were reported.The root cause was identified to be the need of a standard checklist which was then used.This would have been a case of Corrective action had no other actions been taken other than usage of the code review checklist for the current delivery.In addition a decision was taken to use the checklist for all subsequent deliveries - to ensure the same issues did not occur - Preventive action is always taken proactively - here mandating usage of code review checklist for other deliveries is a demonstration of proactive steps taken - hence this is an example of Preventive action.The correct answer is option B - Preventive action.
Question - 63 You are in charge of a project for the electrical layout of a 5 star hotel. You see this as a very simple project as you and your team have a lot of experience executing similar such projects. As a result your organization has a wealth of Organizational Process assets. You have worked out the exact details of the work involved and have a very detailed WBS with granular level activities defined. You decide to employ the services of a contractor for laying out of the cable trays. What kind of a contract would be the best choice ? A. Cost-reimbursable contract B. Fixed-price contract C. T and M contract D. None of the above
B is the correct answer. When as a buyer you are clear of the scope and statement of work - the contract choice should be Fixed-price.This is because in this type of contract if scope is clearly defined - then almost all of the risk lies with the seller.here the buyer is smug with the confidence of having had experience in executing similar projects in the past and has also broken down WBS into detailed activities - so scope is clear - so the correct answer is option B
Question - 124 The key difference between Work performance data and Work performance Measurement is : A. There are no differences - both are the same B. Work performance data is the 'as of now' status of deliverables while Work performance measurement is a comparison between planned Vs Actuals C. Work performance measurement is the 'as of now' status of deliverables while Work performance data is a comparison between planned Vs Actuals D. Work performance data are the planned objectives
B is the correct answer. Work performance data is a key output of 'Direct and Manage Project Work'.The key difference between the two is that the Work performance data consists of raw observations and measurements DURING activities being performed.It is the 'as of now' status while Work performance measurements is used to compare actual performance aganst what was planned.The correct answer is Option B
Question - 107 You have replaced an earlier project manager.The project is already in its third month of execution.You need to determine if the project is ahead or behind schedule.What would be the BEST source of this information ? A. Work performance data B. Work performance Measurement C. Project Management software D. Pareto Chart
B is the correct answer. Work performance measurement provides details of lanned Vs actual values which helps in determining the health of the project .Work performance data is the at actuals information that helps in measuring performance.Project management software helps facilitate track data while Pareto chart is used in Quality Control.The correct answer is Option B - Work performance Measurement
Question - 42 As a manager on a project your key outlook is to ensure that the project delivers within the scheduled timelines with minimal rework and customer delight. For some time now the project work is proceeding smoothly with a CPI and SPI a perfect 1.One of your team members approaches you and indicates that she might possibly need a long vacation on personal grounds. She indicates this could possibly occur in two months from now. You look up the schedule and as luck would have it - this team member happens to be scheduled to execute activities which are on the critical path - and her absence in two months time would cause a delay in schedule. You decide to take some action and reschedule task allocation to ensure that this team member is not planned to work on any of the critical path activities. What did you just do ? A. Mitigate the risk B. Avoid the risk C. Transfer the risk D. Exploit the risk
B is the correct answer. You have avoided the risk where by interchanging the tasks you have ensured that the resource who could go on a long vacation does not work on critical path activities.There is no question of exploiting the risk as this is not a positive risk.This is not a case of Risk mitigation since neither have you created a backup plan nor have you come up with an alternate strategy- so the correct answer is Risk avoidance - option B
Question - 151 Your friend who works as a project manager in a pharmaceutical company meets you over dinner.You see a drastic change in his temperament as compared to when you last met him.He seems dejected and complains that in his present organization - as a project manager - he has almost no authority and hardly any decision making ability.What kind of an organizational structure does your friend work in ? A. A Product organization B. A Functional Organizational Structure C. A Strong Matrix Organizational Structure D. A Projectized Organizational Structure
B is the correct answer. Your friend works in a Functional Organizational Structure.In such an organizational structure all the power and authority resides with the Functional Manager.Such organizations are hierarchial in nature - where each employee has one clear superior.People are grouped by specialities ( Functional ) - Example - Mechanical , Accounts , Marketing etc.These departments work independently of each other.So the correct answer is option B - Functional Organization
Question - 113 As a project manager of a project , you have just completed Schedule network diagram. Which of the following schedule management activities have you completed? A. Estimate Activity Resources B. Sequence Activities C. Estimate Activity Durations D. Develop Schedule
B is the correct answer. B is the correct answer. Schedule network diagram is an output of Sequence Activities.
The morale of the team members of a project is very low. The team members feel that they were not given opportunities to participate in the organizational team development activities due to over allocations to project tasks, and hence they missed opportunities to grow. Which of the following is a primary factor for this situation? A. Use of zero-sum rewards in the project B. A poorly defined resource calendar C. Too many senior team members D. Poor interpersonal skills in the team
B. A poorly defined resource calendar
Which of these statement correctly links project and product life cycles? A. A product life cycle is generally contained within a project life cycle. B. A project life cycle is generally contained within a product life cycle. C. A product life cycle is the same as a project life cycle. D. The last life cycle for a project is generally the product's retirement.
B. A project life cycle is generally contained within a product life cycle.
Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect? A. Positive stakeholders benefit from the outcome of a project B. A project manager needs to focus on the positive stakeholders since their needs are best served by the project C. Overlooking negative stakeholders can result in an increased likelihood of failure D. Stakeholders can have conflicting or differing objectives
B. A project manager needs to focus on the positive stakeholders since their needs are best served by the project
A cost, time, quality, technical or resource value is used as a parameter and included in product specifications. Crossing this value triggers some action such as an exception report. This value would be called: A. A turning-point B. A threshold C. An exception-point D. A trigger
B. A threshold
There are a number of risks that have been identified in your project. The team has elected not to change the project plan to deal with the risk, but they have established a contingency reserve of money in the event some of these risks are triggered. This is an example of what type of risk mitigation technique? A. Contingent Response Strategy B. Active acceptance C. Passive acceptance D. Avoidance
B. Active acceptance
The termination clause and alternative dispute resolution (ADR) mechanism for each procurement in a project is documented in: A. Scope Statement B. Agreement C. Resource Calendars D. Source Selection Criteria
B. Agreement
Why are the approved change requests input to the Direct and Manage Project Work process? A. Approved change requests may be rejected by the project team during the Direct and Manage Project Work process. B. Approved change requests are implemented by the project team during the Direct and Manage Project Work process. C. Approved change requests are sent to the Change Control Board during the Direct and Manage Project Work process. D. Approved change requests are reviewed by the project team during the Direct and Manage Project Work process.
B. Approved change requests are implemented by the project team during the Direct and Manage Project Work process.
An important aspect of project management is the handling of stakeholder expectations. Typically, at what level are the stakeholders with respect to the project manager. A. At higher levels and with greater authority B. At all levels and with varying degrees of authority. C. At higher levels but only the project sponsor has authority greater than the project manager. D. At the same level with varying degrees of authority.
B. At all levels and with varying degrees of authority.
You are working for GOODROAD highway construction agency as a project cost estimator. The agency started a highway construction project which is in it's planning phase. The rough order of magnitude (ROM) cost estimate for the project is expected to be between 3 and 5 million dollars in the planning phase with a ROM of -25% to +25%. What will be the ROM estimate in the execution phase if it changes to -10% to +10%? A. Between 3.1 and 4.1 million dollars B. Between 3.6 and 4.4 million dollars C. Between 3.9 and 4.1 million dollars D. Between 3.4 and 4.4 million dollars
B. Between 3.6 and 4.4 million dollars
Peter is managing a multi-million dollar project. The project is in the planning phase and has a big number of key stakeholders. During an analysis, Peter finds out that there are big gaps between the current and desired engagement levels for most of the key stakeholders. What should Peter do next? A. Immediately escalate the situation to the project sponsor. B. Brainstorm on the stakeholder management strategies that can close these gaps. C. Propose to terminate the project. D. Prepare a business case for the project.
B. Brainstorm on the stakeholder management strategies that can close these gaps.
During a cost performance review with certain senior officers from the finance department, you discover that there are certain inconsistencies in the way cost performance reporting is done, and you obtain data that shows these officers are deliberately misleading senior management. What should you do? A. Write an anonymous letter to senior management about these activities. B. Bring this to the notice of senior management even though there are no formal policies in place for whistle-blowers. C. Do nothing, but make sure that the data for your project is clean. D. Do nothing. The corrupt behavior of the finance department officials has nothing to do with your project.
B. Bring this to the notice of senior management even though there are no formal policies in place for whistle-blowers.
Many project managers have seen a graph which shows "Influence of Stakeholders" starting out high and declining as the project progresses. Conversely, it shows the "Cost of Changes" starting out low and increasing as the project progresses. What is the key message a project manager should obtain from this graph? A. Stakeholder influence is not important at the end of the project. B. Changes should be made as early in the project as possible. C. Money should be set aside for expected changes at the end of the project. D. The project should be placed on hold until all changes are made.
B. Changes should be made as early in the project as possible.
Emily is the project manager of a project that involves a buyer-seller relationship. The source selection criteria is an input to which of the following processes? A. Acquire Resources B. Conduct Procurements C. Control Procurements D. Plan Procurement Management
B. Conduct Procurements
Peter is the project manager of a project that involves a buyer-seller relationship. The source selection criteria is an input to which of the following processes? A. Acquire Resources B. Conduct Procurements C. Control Procurements D. Plan Procurement Management
B. Conduct Procurements
You are a project manager for your company. Part of the project requires producing 10,000 widgets, which your company will outsource. The company has agreed to pay all related costs and 5% of the estimated project costs. What type of contract has been negotiated? A. Cost-Plus-Incentive-Fee contract B. Cost-Plus-Fixed-Fee contract C. Time and Material contract D. Fixed-price contract
B. Cost-Plus-Fixed-Fee contract
John is in the execution phase of a residential housing construction project. He has been informed of major scope changes from stakeholders in the middle of the project. These changes involve regulatory requirements from local authorities that may impact not only the scope but also the cost and duration of the project. What should be the FIRST approach from John in considering these changes? A. Meet with the change control board to solicit some ideas on the new project plan B. Create a report detailing the impact of scope changes on project parameters such as cost, quality and schedule C. Add new tasks to the project plan and assign resources to account for regulatory changes D. Escalate the scope changes to the sponsor and steering committee for their decision
B. Create a report detailing the impact of scope changes on project parameters such as cost, quality and schedule
A detailed milestone list is created as an output of what process? A. Sequence Activities B. Define Activities C. Develop Project Charter D. Develop Schedule
B. Define Activities
You are the project manager managing a project to design a print head for dot matrix printers. In order to determine ideal settings for print quality, the quality manager of the company suggests trying out various scenarios for printing by varying certain parameters on the print head. Identifying such variables which influence the product or process under development is called: A. Benchmarking B. Design of Experiments C. Statistical Sampling D. Brainstorming
B. Design of Experiments
A group of people were discussing multiple alternatives during the Collect Requirements process. One of the individuals in the group made the decision for the group. This method of reaching a group decision would be termed as: A. One Thinking Hat B. Dictatorship C. Plurality D. Autonomy
B. Dictatorship
The Make-or-Buy analysis is a technique that is used as part of the Plan Procurement Management process. It is used to determine whether a particular product or service can be produced by the project team or should it be purchased. The analysis to arrive at a decision should include: A. Indirect costs only B. Direct as well as Indirect costs C. Direct costs only D. Staffing costs only
B. Direct as well as Indirect costs
You've just completed a solid waste management project in an under-developed country. The contractor you are working for has a strict policy of abiding by local laws and rules, although the local resources working on the project have a much more lax approach to following laws and policies. Now at the end of the project, you are handing over the operational equipment to the local operators and disposing of the leftover inventory and other furniture which was used during the project. More than 50% of the toxic materials used during the project remains in your inventory. There is no law that would prohibit you from disposing of either the type or quantity of remaining materials in the local sewage system. What should you do? A. Give the material to local resources to dispose of by selling it to a recycling facility. B. Do not dispose of the materials improperly. C. Dispose of the material in the local sewage system, as there is no law applicable here D. Abandon the materials in the project facility you are handing over to the local operators.
B. Do not dispose of the materials improperly.
Failure Mode and Effect Analysis (FMEA) is a non-proprietary approach to Quality Management. This is an analytical procedure in which: A. The effect of varying the various parameters that make up a process is determined by trying out various combinations of the parameters. B. Each potential failure mode in every component of a product is analyzed to determine its effect on the reliability of that component and, by itself or in combination with other possible failure modes, on the reliability of the product. C. A set of experts are asked to provide inputs on the reasons for failure of a product and corrective action is then taken. D. A list of historical causes for failure of a similar product is analyzed to determine the possible failure modes.
B. Each potential failure mode in every component of a product is analyzed to determine its effect on the reliability of that component and, by itself or in combination with other possible failure modes, on the reliability of the product.
You are managing the communication requirements for your project. You find that certain general management skills come into play as part of managing stakeholder requirements and that there are different dimensions to communication that you have to plan for as the sender of information. Which of the following is not a dimension of communicating? A. Vertical / Horizontal communication B. Forward / backward communication C. Formal / Informal communication D. Internal / external communication
B. Forward / backward communication
Jane is the project manager for a healthcare facility construction project. She is currently holding a board briefing and updating the project's current status to the board members. When Jane was presenting her project risks, the chairman suggested some preventive actions. What should Jane do first? A. Jane should politely deny the request B. Jane should write a change request C. Jane should directly update the project management plan as the request has come from the Chairman D. Jane should escalate the issue to the project sponsor
B. Jane should write a change request
The Identify Stakeholders process is an initiating process. At this stage, which of the following organizational process assets is the most crucial input to this process? A. Change control procedures B. Lessons learned from previous projects. C. Financial control procedures D. Risk control procedures
B. Lessons learned from previous projects.
A manager asks you to evaluate four new projects that he has suggested for next year. You review the projects and notice that one is not really a project, but more an operational task. Which of these is not a project? A. Change the product to enable increased consumer usage B. Manage a set of people for next year to deliver the desired productivity results C. Respond to a customer request for different product packaging D. Resolve a space constraint issue by building a new addition to the plant
B. Manage a set of people for the next year to deliver the desired productivity results
A project manager was assigned to a project as the project charter was being developed. Which of the following is an input that the project manager will utilize to develop the project charter? A. Make-or-Buy analysis B. Organizational Process Assets C. Project Acceptance Criteria D. Project Scope Statement
B. Organizational Process Assets
During the Control Scope phase, analysis of the scope performance resulted in a change request to the scope baseline. This change request will be processed for review and disposition in the: A. Control Quality phase B. Perform Integrated Change Control phase C. Monitor and Control Project Work phase D. Validate Scope phase
B. Perform Integrated Change Control phase
A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project? A. Perform Qualitative Risk Analysis B. Perform Quantitative Risk Analysis C. Identify Risks D. Plan Risk Management
B. Perform Quantitative Risk Analysis
Most project management software packages use a method of constructing a project schedule network diagram known as: A. Activity Diagramming Method B. Precedence Diagramming Method C. Project Diagramming Method D. Critical Diagramming Method
B. Precedence Diagramming Method
The project management team performed activities such as measuring examining and verifying to determine whether work and deliverables met requirements and product acceptance criteria. Which of the following choices refers to a different set of activities than the ones just mentioned? A. Walkthroughs B. Prevention C. Inspection D. Reviews
B. Prevention
The WBS is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team, to accomplish the project objectives. This is created as part of: A. Project Integration Management B. Project Scope Management C. Project Procurement Management D. Project Schedule Management
B. Project Scope Management
The selection of life cycle for the project, the processes to be applied to each phase, and the results of the tailoring by the project management team are usually found in the: A. Project scope statement B. Project management plan C. Project schedule D. Project charter
B. Project management plan
You, as an independent consultant, are working with a project manager of a spacecraft parts manufacturing project to make sure that the team comply with organizational quality policies and procedures. Since parts made in this project must adhere to high precision and accuracy, you are documenting the gaps within the processes and procedures to improve the quality for customer acceptance. Which of the following best represents the project management activity you are doing? A. Statistical sampling B. Quality audits C. Quality control D. Inspection
B. Quality audits
You are the project manager from a seller organization, based at the customer location. One of your team members is involved in certain unacceptable activities at the customer location. The HR manager of the customer team organizes a meeting between you, the team-member, your customer- manager and HR wherein the team member apologizes for his activities and agrees not to repeat them. You should: A. Ignore the incident since the team member has agreed not repeat such activities. B. Report this incident immediately to HR of your organization and to your managers. C. Warn the team-member that this is the last opportunity and future incidents will lead to strict action. D. Document the issue for your project records.
B. Report this incident immediately to HR of your organization and to your managers.
Peter wants to assign a risk owner for every project risk for which a risk response action has been planned. Where must he update this information? A. Human resource management plan B. Risk register C. Stakeholder register D. Project charter
B. Risk register
All of the following activities are performed in the Close Project or Phase process EXCEPT A. Activities that fulfill the exit criteria of the project B. Sending the deliverables to the customer for acceptance C. Activities which are needed to transfer the completed products to operations D. Documenting the reasons for projects terminated early
B. Sending the deliverables to the customer for acceptance
One of the senior team members, who is the best performer in your project plays 'favorites' and a few of the team members who work closely with him, have got very good appraisal reports in the past, even though they may not have deserved it. As the project manager, what would you need to proactively do? A. Ask all the members of your team who are appraisers of other team-members, to be liberal in their appraisals. This will help compensate for the appraisals done by the senior team member. B. Speak to the senior team member and ask for appraisals to be done fairly, in accordance with the appraisal guidelines. C. Ignore the matter since you would otherwise lose a senior team member who is key to your project. D. Ensure that the senior team member does not get to appraise anybody.
B. Speak to the senior team member and ask for appraisals to be done fairly, in accordance with the appraisal guidelines.
The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be $ 275,000. What is the limit that the project manager usually imposes on the actual cost (AC)? A. The AC is usually limited to twice the planned value. B. The AC will not have an upper limit. C. The AC is usually limited to thrice the planned value. D. The AC is usually limited to 1.5 times the planned value.
B. The AC will not have an upper limit.
A project manager is about to start on a new project. Where would he find details about his authority level in the project? A. Organizational Process Assets B. The Project Charter C. The PMBOK D. The Scope statement
B. The Project Charter
Emily's project has got a huge number of key positive and negative stakeholders. It is very important to closely manage the influential negative stakeholders to ensure project's success. Do the key positive stakeholders need to be managed as well? A. No; more attention needs to be given to the key negative stakeholders. B. The positive stakeholders need to be closely managed as well since stakeholders' needs and expectations change over time. C. Project stakeholders should not be classified as positive and negative stakeholders. D. Yes; positive stakeholders should be more closely managed than the negative stakeholders.
B. The positive stakeholders need to be closely managed as well since stakeholders' needs and expectations change over time.
You are a project manager who is in charge of an important project for your company. The project is 40% complete after 3 months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last 8 months. How is the project performing? A. The project is behind schedule and over budget. B. The project is ahead of schedule and under budget C. The project is behind schedule and under budget. D. The project is ahead of schedule and over budget
B. The project is ahead of schedule and under budget
Product scope is measured against the product requirements whereas project scope is measured against: A. The WBS and WBS dictionary B. The project scope statement and its associated WBS and WBS dictionary C. The project requirements and WBS. D. The acceptance criteria
B. The project scope statement and its associated WBS and WBS dictionary
A first-time project manager was assigned to a project that had a duration of 3 months. In order to gain a head start in the project, she took an older, completed project and incorporated all the tools, techniques and checklists from that project in their entirety into the current one. The older project had been completed in 14 months' time and was very similar in nature. The most appropriate comment on this would be: A. This is an excellent example of reuse of artifacts from prior projects. B. This may be unnecessary. The project management team needs to decide what is appropriate for the project. C. This is not the correct procedure. The project manager should always create processes and documents afresh for new projects. D. This is not correct. The project manager is violating copyright and intellectual property rights of the organization's prior customers.
B. This may be unnecessary. The project management team needs to decide what is appropriate for the project.
Predicting future performance based on historical events is called ______________ . A. Historical analysis B. Trend analysis C. Parametric analysis D. Pareto analysis
B. Trend analysis
A very critical resource is on another project team. It is very important you get his time for your project. You have contacted his team's manager multiple times, but have received a poor response. What should you consider doing next? A. Plan for an alternate resource since this resource is not available. B. Try to use management influence to obtain the resource's time. C. Contact the manager once again to see if he can help. D. Train another resource within your project.
B. Try to use management influence to obtain the resource's time.
Which of the following may help in ensuring that certain bidders in the procurement process do not receive preferential treatment that all prospective sellers have a clear and common understanding of the procurement? A. Use of weighted criteria B. Use of bidder conferences C. Use of screening techniques D. Use of expert judgement
B. Use of bidder conferences
As a project manager, you are performing various project performance measurements to assess the magnitude of variation. You then attempt to determine the cause and decide whether corrective action is required. This would be known as: A. Scope Analysis B. Variance Analysis C. Performance Reporting D. Configuration Management
B. Variance Analysis
13. In a traditionally drawn decision tree, a circle represents ___________. A a chance to which no expected monetary value can be assigned so that a likely pay-off of a number of options can not be shown. B a decision to which no expected monetary value can be assigned so that the pay-off can be shown ignoring uncertainties. C a chance to which an expected monetary value may be assigned to calculate the average pay-off of two or more options. D a decision to which an expected monetary value may be assigned to calculate the most likely pay-off of consequential uncertainties.
C
15. With your team you are using judgment from subject matter experts early during initiation to discuss perceived project risks. There is a number of experts from different disciplines available. You want to create a conversational setting to allow them to discuss their different views on the project and its risks. Which of the following techniques can ensure best that the different perceptions and opinions are contributing to the expert discussion? A Peer review B SWOT analysis C Focus group D Monetary value calculation
C
22. You are assigned as the project manager to a project which is executed for a customer under FP contract. Your customer informed you this morning that they insist on certain "refinements" of the project scope. They consider them clearly part of the contractual price and require implementation without extra costs or delays. You agree that the requested actions will be beneficial to the project, but believe that they constitute a major change increasing the project scope. What should you do next? A Accept the request of the customer. Diligently document the additional costs and working hours spent by yourself and the team on the implementation of the change and invoice these to the customer at appropriate rates. B Perform earned value analysis to assess the current status of the project and get all the numbers you need to communicate the case to the change control board which then will have to make the best decision regarding the customer request. C Check the contract, the project charter, the scope statement and other documents related to the project and the legal relationship. Implement ADR (alternative dispute resolution) procedures if the conflict cannot be resolved otherwise. D Talk to the project sales department and find a joint solution with them how to best reject the request considering the commercial and strategic value of the customer to the organization you are working for.
C
25. The Project Management Office (PMO) of your company is performing a project management audit in your company and find that most of the various plans in the project are neither consistent nor up-to-date. Which of the following statements is true? A Projects can easily be executed without a valid, updated and working project management plan as things are going to change anyway. B The consistency of the various plans is secondary because it is only the results that matter. C The lack of systematic planning leads to reactive behavior, miscommunications, conflicts, and often a need for continuous fire fighting. D Poor planning and insufficient updating of project management plans are rather uncommon as reasons for cost and time overruns.
C
28. When do bidder conferences normally take place? A After the contract has been awarded to keep alternatives open. B After submission of bid or proposal, but before contract award. C Prior to the submission of a bid or proposal by the bidder. D After technical meetings with bidders to discuss contract requirements.
C
29. What is defined by control limits? A A measuring instrument solely used to describe process capability. The process is found capable if the ±3 sigma range is exceeded by not more than 0.3% of a tested sample lot. B The limits of the six sigma area on either side of a control chart to plot measured values; data found outside the area are out of specification and can lead to rejection of an entire batch. C The area on either side of a mean value of a control chart to plot measured values found in statistical quality control. Plots outside the area signal possible process instability. D The area consisting of typically three standard deviations on either side of a mean value of a control chart to plot measured values found in quality assurance
C
34. Which of the following statements is not true? A Attribute sampling is the process of assessing whether results conform to specifications or not. B Prevention means keeping errors out of the process by applying actions before the process starts changing its input. C Variables sampling means that the result is classified into one of the 3 categories: "acceptable" - "acceptable after rework" - "rejected". D Inspection is often mainly done to keep errors out of the hands of the customer as an activity of process control.
C
37. You have recently been assigned as a project manager to a new B-O-T (build, operate, transfer) capital project. Your company will invest in public infrastructure today, then make profit from operating the infrastructure over 30 years, after which it is handed over to the government. Reviewing the initial documentation you found out that the business case has been calculated with a very small margin during operations of the infrastructure. What should you do? A As you are not responsible for lifecycle costing, you don't have to worry about operation profits. Focus on project costs from initiation through handover. B Ensure maximum profits by buying the best and cheapest items, components and modules―potentially from a big number of different suppliers―and integrating them, while ignoring their effect on operation costs. C Create a realistic plan broken down to a sufficient level of detail. Perform all risk management processes. Ensure real-time communications with all relevant stakeholders. D Develop a plan to immediately leave the company, when the first signs occur that it may not survive the questionnable business case and go insolvent.
C
41. A change request in a project has been rejected some weeks ago. Yesterday, the project manager found out that it nevertheless has been implemented by team members, who had originally requested the change and therefore knew of it, but not of the rejection. In order to avoid such a situation, rejected change requests should be consistently communicated to stakeholders through which process? A Report performance B Verify scope C Perform integrated change control D Monitor and control risks
C
43. According to the project plan, a contractor is scheduled to deliver some software components today afternoon. A regular monthly payment is due to be made to this contractor tomorrow. You and your project team received a note this morning informing you that the software delivery will be delayed by 2 weeks. What should you do right now? A You should delay the payment also for 2 weeks. B You must immediately find and change to a different contractor. C You should consult with the contractor to understand and possibly resolve the delivery issues. This may influence further payments. D You should make the payment and reschedule the project incorporating the delay.
C
44. In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources from a corporate resource directory. What is the term commonly used for the resources inside the directory? A Unassigned staff B Project team C Resource pool D Program team
C
46. You have used estimates made by your team members and applied the critical path method to compute a network logic diagram for your project. Then you found out that it cannot be sufficiently optimized for scarce resources and fast progress towards a given deadline. What should you do next? A Apply resource leveling and smoothing heuristics to uncritical activities only. B Reduce estimates on duration and work efforts by an adequate percentage. C Search for opportunities to compress the schedule without jeopardizing the project. D Remove physical ánd legal constraints and replace hard logic with soft logic.
C
47. Liquidated damages (LDs) are contractually agreed payments in order to... A ...give the contractor an incentive to meet an aggressive schedule or challenging quality objectives. B ..penalize the contractor for late completion of a project or failure to meet specifications. C ..cover the customer's costs caused by late completion or failure to meet specifications by the contractor. D ..make a bid or proposal binding for the offerer while the customer has time to select among various bidders.
C
54. What is true for modern project management? Project managers need... A ... to have a strict standing in negotiating B ... to show experience in tricking business partners C ... to be team players and facilitators instead of "bosses" D ... to be strongly linked to local traditions
C
63. What is the meaning of Jerry B. Harvey's concept called the "Journey to Abilene"? A Project managers should visit their customers far more often than what is usual in order to avoid misunderstandings and bad emotions. B International projects may have an increased need for traveling which can lead to additional costs and troubles with time zones. C Group decisions can have the paradox outcome, that a decision is jointly made or approved that is not desired by any of the group members. D A project is a temporary endeavor undertaken to create a unique product, service or result. Repeating it would be similar to making the same journey twice.
C
7. A document called ____________ is created by decomposing the project scope into smaller, more manageable elements. A Scope Statement B Network Logic Diagram C Work Breakdown Structure D Requested Change
C
71. A project sponsor requested reports on two concurrent software projects from the project managers. Both projects are regarded as equally important and strategically beneficial and have been finished by over 80%. The sponsor considers to shift some resources from the first project to the second to accelerate the second project, which is currently behind schedule. What is the most likely outcome of such a measure? A Changing team assignments during late course of a project typically increases cost efficiency. B Changing team assignments during late course of a project typically increases time efficiency. C Project A will become slower. According to Brooks's law, Project B will also lose pace. D According to the law of diminishing returns, the consolidated cost variance of the two projects will increase.
C
76. A project management team identified negative risks (threats) that cannot be responded to by avoidance or mitigation. An alternative risk response would be active acceptance. What would the team do to implement that? A Plan more risk management. B Monitor risks. C Allocate contingency reserves. D Identify further risks.
C
81. A project manager is performing a project with contract partners in different countries. What should the person be aware of? A It is the seller's responsibility to ensure that the procurement meets the specific needs of the project. B All differences in local laws can be overcome with clear contract language. C Local culture and laws may have influence upon the enforceability of a contract. D The use of contracts with appendices and annexes should generally be avoided for projects.
C
84. During execution of a construction project to build a new bridge, it turns out that severe weather conditions are threatening adherence to the project schedule and overall project success. What kind of risk is this? A Complexity risk B Ambiguity risk C Variability risk D Event-related risk
C
88. A project management team has identified a large number of risks during its risk identification sessions. It noticed that it would not have the time and resources to quantitatively analyze all of them. The team also agreed that not all of these risks would justify the effort necessary to digg deeply into them. What should the team do next? A Implement agreed upon risk response plans. B Plan risk responses for each of the identified risks. C Perform qualitative risk analysis to prioritize the risks. D Perform quantitative risk analysis to numerically analyze risks.
C
92. A project management team prepares contract development for a project that has major parts of the work outsourced to a number of contractors. A question turns up, which risks should be assumed by contractors and which should remain the responsibility of the customer. What would be good decision? A All risks should be agreed upon to be managed by the contractor, who after all gets paid for managing them. B Risks should generally remain with the customer to reduce the costs of outsourcing for the project. C Each risk should be accurately allocated to the respective party that is most capable of managing it. D The allocation of a risk should not be decided during contract development, but after it has occurred.
C
99. A company is writing a job advert to look for a project manager to lead and direct an urban development project. The mission of the project is to implement a bold architectural vision. It will be the project manager's task to ensure that project work is accomplished through the project's team members and other stakeholders. What skills should the advertisement focus on? A Legal skills. B Technical skills. C Interpersonal skills. D Engineering skills.
C
13. Earned value analysis can be used for measuring the project performance. Project managers use this analysis to plan for risks based on the actual cost, schedule and progress of the work. During the executing phase, if a project has negative values for the cost variance and the schedule variance, which of the following would most accurately represent the project's status? a. The project is ahead of schedule and under budget b. The project is behind schedule and under budget c. The project is over budget and behind schedule d. The project is ahead of schedule and over budget
C Cost variance equals earned value minus actual costs (EV-AC). If the value is negative, it indicates the project is over budget. Schedule variance equals earned value minus planned value (EV-PV). If the value is negative, it indicates the project is behind schedule. In this scenario, based on the negative values calculated by the earned value analysis, this project is over budget and behind schedule.
2. Since the levels of both cost and risk vary throughout the project life cycle, which of the following statements is true? a. Costs are high and Risk is low at the initiating stage b. Both Costs and Risks are high at the initiating stage c. Costs are low and Risk is high at the initiating stage d. Both Costs and Risks are low at the initiating stage
C Costs are usually low at the initiating stage of the project. Since uncertainty is high at the beginning, risk associated with that uncertainty is also high. As the project continues through its life cycle, resources are expended causing an increase in costs. At the same time, as the project progresses toward completion, the uncertainty and risk is decreased.
24. Adam is managing a new project, and he has spent several days meeting with key project resources to review his procurements. What project process is Adam involved with if he tells his project team to close all inventory and contract management records to update the final procurement results? a. Close project b. Control costs c. Control procurements d. Conduct procurements
C During the control procurement process, all contract results are updated and all procurement documents are closed. Therefore, in this scenario, Adam is in the control procurements process.
15. During project execution, the planned value, earned value and the actual cost all have identical values. In this scenario, which of the following statements best describes the status of the project? a. The project is over budget and behind schedule b. The cost variance and the schedule variance values are positive c. The project is on schedule and on budget d. The cost performance index and the schedule performance index values are zero
C If the planned value, earned value and the actual cost values are identical, the cost variance and schedule variance values are zero. Also, the cost performance index and the schedule performance index values are 1. The values given in this scenario indicate that the project is on schedule and on budget.
23. In order to ensure that all project deliverables are complete during project closure, a project manager needs to measure prior information from the previous phase closures. From the following list, select the documents the project manager would use and review to measure project scope and ensure completion of deliverables before considering the project closed . a. Scope management plan b. Project charter c. Project management plan d. Work breakdown structure
C Project scope is measured against the project management plan. The project manager should review the project management plan to verify the project scope has been achieved and to ensure that all deliverables are complete.
Question - 101 Which of the following best describes the assumptions made by Herzberg's Hygiene theory ? A. Employees are basically lazy and need to be monitored B. Hygiene factors help avoid job dis-satisfaction and lead to motivated employees C. Hygiene factors help avoid job dis-satisfaction and their absence could create dissatisfaction but it will not lead to motivated employees D. Job content factors have no influence in keeping people happy on the job and motivated.
C is the correct answer. According to Herzberg Hygiene theory - certain factors exist termed as 'Hygiene factors' - which if not present can lead to dis-satisfaction - so to avoid dis-satisfaction they must be present.However these 'Hygiene factors' will not directly lead to employee satisfaction - they would only avoid dis-satisfaction. Option A is clearly unrelated while Option B is incorrect since Hygiene factors do not contribute to employee motivation. Option C is correct. Herzberg's theory also states that what motivates employees is the Job content - hence Option D is incorrect since it states the opposite.
Question - 161 In which process "meeting" is not used as Tools and Techniques. A. Identify Stakeholders B. Plan Stakeholder Engagement C. Manage Stakeholder Engagement D. Monitor Stakeholder Engagement
C is the correct answer. "meeting" is not used as Tools and Techniques in Manage Stakeholder Engagement process.
Question - 166 You are managing a project which is in its first month of execution.In one of the meetings with a key stakeholder - the stakeholder asks for some changes to be made in the current ongoing work.The stakeholder is asking for the change to be implemented imediately. You realize that the changes being asked for will need the Project Management Plan and the Scope baseline to be updated which have already been baselined - As a Project manager what is the BEST course of action ? A. Make the changes as they are being asked for by a key stakeholder B. Analyze the impact of the change to triple constraints C. Generate a change request and submit to Integrated change control D. Refuse to make the change as it is a deviation from approved Scope
C is the correct answer. Any changes being asked for or requested to any approved plan need to be formally reviewed by the Change Control Board.Option A is not the correct answer as no changes should be made without a formal approval from CCB.Option B while sounds like the best choice the question states the impact of the change to the scope - so the impact analysis to 'triple constraints' is already done - so though option B is the best choice - it is already taken care of.Option D is clearly incorrect as any project is bound to have changes and the very purpose of change control is to ensure changes are governed and controlled in a systematic manner - hence the correct answer is Option C
Question - 9 You have replaced an earlier project manager in a project .The earlier project manager has left the prganization and you are now responsible for the project.On reviewing the project management plan you are disturbed because a number of procurement contracts have been signed and they all turn out to be Cost plus fixed fee types of contracts - why are you worried ? A. All the risk is now with the seller B. Contracts should always be T and M C. Seller has no motivation to control cost and infact cost could spiral D. Contracts should always be Fixed Price
C is the correct answer. As a project manager - you indeed have a reason to be worried if your project has already signed off on Cost Plus Fee type of contracts.This is because in such contracts - you the buyer needs to pay the seller for all the costs and in addition an agreed percentage of the cost.As a result there is no motivation on the seller to control the costs - infact it is in the interest of the seller to increase the costs.It is not necessary that all projects should always be T and M or Fixed Price.Option A is clearly wrong since all the risks are infact with the buyer not the seller!The correct answer is Option C
Question - 69 You are the project manager for a large Project. You are currently busy with approximating number of work periods required to complete individual activities with estimated resources. Which of the following inputs do you need for this ? A. Activity List B. Activity resource requirements C. Resource Breakdown structure D. All of the above
C is the correct answer. C is the correct answer. Approximating number of work periods required to complete individual activities with estimated resources is done in Estimate Activity Duration process. Activity List,Activity resource requirements and Resource Breakdown structure are inputs of Estimate Activity Duration process.
Question - 163 Which hierarchical chart shows all the tasks in a list ? A. RBS B. OBS C. WBS D. Scope statement
C is the correct answer. C is the correct answer. Work Breakdown Structure shows all the tasks.
Question - 71 You are the project manager of a software project. You have just analyzed activity sequences, durations, resource requirements , schedule constraints and created project schedule. The above task belongs to which process? A. Define Activities B. Sequence Activities C. Develop Schedule D. Control Schedule
C is the correct answer. C is the correct answer. analyzing activity sequences, durations, resource requirements , schedule constraints and creating project schedule belongs to Develop Schedule process.
Question - 81 Decomposition is best described as: A. Creating control accounts. B. Creating work packages. C. Breaking down deliverables into smaller work packages so they can be better planned D. Planning and scheduling of work packages
C is the correct answer. Decomposition deals with breaking down deliverables into small discrete work packages that can be planned better.It also helps prevent work from slipping through the cracks and gives the project team a better picture of the work involved.
Question - 7 You are a project manager of a company and your project is currently in execution phase. The customer has requested you for additional work. This work will affect the budget, but not the schedule of the project. What should you do next? A. Add the additional requirements to the project plan. B. Ignore the request. C. Explain the change procedure and ask to submit a request for change. D. Discuss with the project team about the change.
C is the correct answer. Explain the change procedure and ask to submit a request for change is the best choice.
Question - 185 You have a large complex project to deliver and you are evaluating different motivational strategies to motivate your team to get the job done. You subscribe to the belief that to get things done and to motivate staff - they must be rewarded with monetary rewards.You believe that by rewarding employees they would get motivated - which of the following motivational theories are you applying ? A. Herzberg Hygiene Theory B. Maslows theory of Hierarchy of needs C. Expectancy theory D. Theory of coercion
C is the correct answer. Herzberg's Hygiene theory states that it is the Job content that motivates staff - so in this case Option A is not the correct answer. Maslows theory of Hierarchy of needs indicates the levels of needs starting with Physiological needs and ending with Self Actualization - so Option B is not correct as well. Vrooms Expectancy theory states that employees can be motivated by altering the person's effort-to-performance expectancy, performance-to-reward expectancy, and reward valences - so Option C is correct. Option D is clearly incorrect as the question does not indicate any imposed mandates or threats which would fall under Theory X style of management.
Question - 73 Which of the following best describes Achievement Theory of Motivation ? A. Employees given a reward are most likely to be motivated B. People cannot be trusted and must be governed and monitored regularly to ensure tasks get done C. People are motivated by achievement , power and affiliation D. Employees will put in an effort in direct proportion to the perceived review and reward
C is the correct answer. Option A and Option D are related to Expectancy theory , Option B is related to Theory X style of management - so these options are not the correct answers. Option C - is the correct answer - this theory states - there are three types of motivational needs: Need for achievement , need for authority and power , need for affiliation. As per this theory a strong 'affiliation-motivation' undermines a manager's objectivity, because of their need to be liked, and that this affects a manager's decision-making capability. A strong 'authority-motivation' will produce a determined work ethic and commitment to the organisation. such people are attracted to the leadership role, though they may not possess the required flexibility and people-centred skills. People with strong 'achievement motivation' make the best leaders, although there can be a tendency to demand too much of their staff in the belief that they are all similarly and highly achievement-focused and results driven, which of course most people are not. As per this theory achievement-motivated individuals set goals which they can influence with their effort and ability, and as such the goal is considered to be achievable. This determined results-driven approach is almost invariably present in the character make-up of all successful business people and entrepreneurs. achievement is more important than material or financial reward. Achieving the aim or task gives greater personal satisfaction than receiving praise or recognition. Financial reward is regarded as a measurement of success, not an end in itself. Security is not prime motivator, nor is status. Feedback is essential, because it enables measurement of success, not for reasons of praise or recognition (the implication here is that feedback must be reliable, quantifiable and factual). Achievement-motivated people constantly seek improvements and ways of doing things better.
Question - 127 If a person desires to excel in his tasks - as per Maslow's Hierarchy of Needs - what type of a need is the person exhibiting ? A. Love or Belonging B. Physiological C. Self-actualization D. Safety
C is the correct answer. Option C is the correct answer. When a person desires to exceed or excel in their tasks - it is considered as the highest level of need where the person now wants to realize their full potential - which is Self-actualization
Question - 108 Communication can be of the following forms except: A. Formal and Informal B. Written and Verbal C. Precise and Vague D. Vertical and Horizontal
C is the correct answer. Precise and Vague is not a form of communication while all others are.
Question - 184 Which of the following statement is true regarding Procurement Documents A. These are the response documents provided by Seller to the Buyer. B. It is the formal agreed contract between the buyer and seller C. It is used to solicit proposals from sellers and contains details of expected services or work to be done D. Describes how product or services will be acquired externally and type of contract to be administered
C is the correct answer. Procurement documents are used to solicit responses from sellers.As such it contains sufficient information regarding the work in the form of Procurement statement of work.Option A is incorrect since this document serves as an input for sellers to provide response and it is not the response of the seller. This is not the contract as we are still looking for prospective sellers. Option D is wrong since it is the Procurement management plan which determines how product or services will be acquired externally and type of contract to be administered.The correct answer is option C
Question - 102 You are managing a software development project in the banking domain.Things have been proceeding as per plan - but with the economic meltdown the client has had to abruptly shutdown the project due to lack of funds to source the projects any longer.As a Project manager what is the next thing to do ? A. Free up project resources so they can be utilized on other tasks B. As there are very few tasks remaining - get those completed C. Ensure all project closure procedures are followed and lessons learned are updated D. Publish work performance reports for the project
C is the correct answer. Project closure procedures must be followed.They must be followed irresepctive of whether project was successfully completed or if it was terminated - we always follow closure procedures - so in this case the Project Manager should choose option C
Question - 193 When does Scope Verification Occur ? A. At the end of the project B. At the beginning of the project C. At the end of each phase of the project D. During Quality Control
C is the correct answer. Scope Verification occurs at the end of each phase of the project.Option A relates to Product verification not Scope verification.
Question - 133 You are managing a project and based on risk identification - you feel very confident that the project should run smoothly.The next day the lead architect indicates a risk which was not envisioned.He indicates a 10% possibility of the risk occurring and the effort involved of choosing an alternate path worth 2000 USD.The side effect of alernate path implementation is that a lot of testing efforts would get reduced worth 4500 USD and the possibility being 30%.What would be the EMV ? A. -$200 B. $1350 C. $1150 D. $1550
C is the correct answer. The correct answer is $1150.In the case of the rework effort the EMV is -$200.The EMV of the side effect is $1350.So the total EMV is $1150.
Question - 55 You are in charge of constructing a High Rise residential building. After creating a Network diagram - you have identified the Critical Path. Work has started - but suddenly due to inclement weather plinth work has got delayed. This plinth work activity was on the critical path . As a manager driving this project would you be worried and why ? A. No - It will not matter if the Plinth work is delayed. B. No - Activities on the critical path do not impact the schedule C. Yes - Any delay of activities on the critical path would lead to a delay of the entire project D. Yes - you will now have to relay this bad news to the client
C is the correct answer. The correct answer is - C - since activities on critical path if delayed can lead to a delay in the entire Project. Options A and B are incorrect while option D is a very subjective answer and nowhere does the problem state how the stakeholders would take the news - so the best answer in this case is option C
Question - 174 You are managing a project that is scheduled to un for an entire year.Things were looking good after the first two months.However due to some mistakes made by the construction crew at the end of the third month - you realize that the expected work to be completed at this stage is not complete.As a result the project is behind schedule and is also over budget.However there are stiff penalties in the contract should the project not complete within the stipulated timelines.Your senior management as a result has committed to additional staff to the project if required.What would be the Estimate at Completion for this project ? A. EAC = BAC / CPI B. EAC = AC + BAC - EV C. EAC = AC + (BAC - EV/(CPI * SPI ) D. EAC = AC + Bottom up Estimate
C is the correct answer. The correct answer is C - Option A is to be used if past CPI is expected to continue.Option B is to be used if future work is going to be performed at the planned rate.Option C is to be used if deadlines must be met and both CPI and SPI influence remaining work - here the project must be completed within stipulated timelines Option D is to be used when the initial plan is no longer valid - which is not the case here.
Question - 119 You need to provide estimates for activities on the project.You and your team discuss and conclude that as detailed information is not yet available - the best option would be to use Parametric Estimates.The various ways to create Parametric Estimates are: A. Critical Path Method B. One Time Estimate C. Regression Analysis and Learning Curve D. Monte Carlo Analysis
C is the correct answer. The correct answer is C - Regression analysis and Learning Curve are ways of creating a Parametric Estimate.Regression analysis is also known as Scatter Diagram.Scatter diagrams consist of a graphical representation of two variables from a data set.They are used to detect the corelation between the variables being examined.Learning curve takes into consideration that if the nature of the work is repetitive - the person will perform subsequent work faster as efficiency improves.Option A has nothing to do with Parametric Estimates while Option D though is an estimation technique - it uses simulation and three time estimates - so it is not the correct answer.
Question - 60 What does S Curve depict a relationship between ? A. Resource Availability over time B. Remaining budget C. A relationship between Actual Cost , Planned Value and Earned Value D. Shows the relationship between Cost and Quality
C is the correct answer. The correct answer is C - S curve shows a relationship between Actual Cost , Planned Value and Earned Value.
Question - 82 As a part of the Executive Management team - you have a number of project managers reporting into you. One of the project managers has reported data for her project that has got you worried regarding health of the project. EV = 300000 USD , PV = 550000 USD , AC = 200000 USD You are worried since as per your calculations the project is behind schedule. However the Project Manager disagrees and she feels the project is ahead of schedule - what is the correct interpretation of the data ? A. Both are incorrect - the health of the project cannot be determined from this information B. Both are correct as interpretation is very subjective C. You are correct - the project is behind schedule D. Your Project Manager is correct - the project is ahead of schedule
C is the correct answer. The correct answer is C - this is because SPI = EV / PV = 300000/550000 = less than 1 . A SPI less than 1 indicates the project is behind schedule.
Question - 98 You have successfully completed a project.You have now been assigned a project which is midway into its execution.You have had to take this project due to non availability of the current project manager due to health.This is a complex project involving multiple contractors and teams at various geographical locations.You decide to look up the requirements of the types of reports and frequency of sending them.Where would you find this information? A. Project Management Plan B. Scope Management Plan C. Communication Management Plan D. Stakeholder Analysis
C is the correct answer. The correct answer is Communication Management Plan.This Plan provides information such as frequency of communication , type of communication , who is responsible for communication.Hence this is the correct answer.
Question - 168 You are in charge of a large software development project.As a part of the project schedule - it was planned to complete two core components by the end of October.You are now in August and you realize that the project is falling behind schedule.You do a quick review and decide that the schedule can be met by adding additional staff to the activities on the critical path. This is an example of : A. Fast Tracking B. Resource Levelling C. Crashing D. Scope Creep
C is the correct answer. The correct answer is option C - As the project is falling behind schedule and deliveries cannot be impacted - the manager has chosen to add additional resources to activities on thecritical path.This is an example of Crashing - NOTE Crashing may result in increased risk and rework.
Question - 172 The process of communicating and working with the stakeholders to meet their expectations, address issues and foster appropriate stakeholder engagement in project activities throughout project lifecycle is called ____________? A. Plan Stakeholder Engagement B. Identify Stakeholders C. Manage Stakeholder Engagement D. Monitor Stakeholder Engagement
C is the correct answer. The process of communicating and working with the stakeholders to meet their expectations, address issues and foster appropriate stakeholder engagement in project activities throughout project lifecycle is called Manage Stakeholder Engagement
Question - 120 Which of the following best describes the role of a project sponsor ? A. Project Sponsor is responsible for managing the project B. Project Sponsor is responsible for managing the quality of deliverables C. Project Sponsor is responsible for providing funding for the project D. Project Sponsor is responsible for identifying key stakeholders
C is the correct answer. The project sponsor is not responsible for managing the project nor the quality of deliverables - it is the role of the project manager.While the sponsor can aid in identifying key stakeholders - the key area a sponsor plays a part is in providing funding.The sponsor provides funding directly or indirectly and is responsible for approving or denying the budget. The project sponsor is also generally the one who approves the Project Charter - but that is not mentioned in the question. So the correct answer is Option C
Question - 141 You have been assigned to manage a project that deals with setting up a railway line connecting two cities.The project is complex with a lot of contracting involved.You and experts in your organization are evaluating if the rail line alignment machinery should be purchased outright or if it would be better to lease.The cost of leasing the equipment is 1200 $ per day while the cost of an outright purchase is 96000 $ and a daily cost of 200 $.The duration of laying out the railway lines is scheduled to be an activity duration of 150 days.Should you purchase the machinery or be leased - which option would be more economical ? A. Lease the machinery as it will be cheaper by 84000 USD B. Purchase the machinery as it its usage beyond the 80th day would be more cost effective to purchase rather than lease C. Purchase the machinery as it its usage beyond the 96th day would be more cost effective to purchase rather than lease D. Lease the machinery as it will be cheaper by 36000 USD
C is the correct answer. The question is actually looking for a simple mathematical formula!.Do not get flustered by all the numbers. The activity duration is 150 Days .So cost of leasing is 150 * 1200 = 180000 , while cost of an outright purchase is 96000 + 200 * 150 = 96000 + 30000 = 126000 USD. So definitely leasing is not cheaper and purchasing the machinery is the better option. Now what is the breakeven point of a purchase - on the 96th day of usage of the machinery - the cost of purchase incurred is 115200 $ which is exactly the cost incurred if it were leased so 96th day is the break even point and hence the correct answer is option C. Take a breather - relax and digest the details - they are not as hard as they look !
Question - 137 You are in charge of managing a software development project which is related to simulations for driving racing cars.During Quality Assurance - a number of issues have been reported in the air tunnel modelling module.On deeper analysis - it is found that many of the issues were due to not understanding the requirements clearly and now additional time would be expended to fix the issues identified. This is a good example of : A. Corrective Action B. Preventive Action C. Defect Repair D. Quality Assurance
C is the correct answer. The question is intended to cause a confusion between preventive or corrective action.However the question does not state any example of any steps taken proactively so Preventive Action is not the right answer.If we were to consider Corrective action - It is a future response to the defect repair process or the correction, so that the cause of error or non-conformity will not occur again - which the above question does not state - so this is not an example of Corrective action.As is obvious the question does not state anything other than reporting defects which is really Quality Control so again it is not the right answer.Here the straightforward answer is option C - Defect repair.
Question - 24 Of the following types of contracts - which has the HIGHEST risk for the seller ? A. Cost plus fixed fee - CPFF B. Time and Material - T and M C. Firm Fixed Price Contract - FFP D. Cost plus Incentive fee - CPIF
C is the correct answer. The riskiest for the seller in the options stated above is - Firm Fixed Price Contract - FFP. This is because its a Fixed price contract in which total costs are fixed - the scope of work is clearly defined and stated. Cost-reimbursable contracts are the least risky for the seller since the costs are not fixed and paid at actuals. Time and material have medium risk from the perspective of the buyer and seller and are typically used for smaller dollar amounts. The correct answer is option C
Question - 148 You and your team have done extensive brainstorming and discussions.You have also looked up the Organizations process assets and have come up with an exhaustive list of risks.You and your team members feel fairly confident now that you know all the risks.You decide to priorotize the risks and only focus on the high priority ones.A team member indicates that a large number of risks have very low priority.She suggests we simply ignore them.You disagree and decide to maintain a list of such low priority risks.Where will you maintain these low priority risks ? A. Risk Register B. Risk Management Plan C. Watch List D. Issue Log
C is the correct answer. The risks have been identified - in the Risk register.Based on prioritization risk priorities are also updated in the risk register.All risks which are deemed low on priority though maintained in the Risk Register are maintained in the Watch List specifically.The Risk Management Plan and the Issue Log are not meant to note or log risks - so the correct answer is Watch List.
Question - 131 You are out for lunch with a fellow project manager.She is in charge of a project that deals with laying out electrical cables across two towns.As you understand the plan of the layout - you realize that the cabling would cover a neighborhood with a history of criminal problems.You advise your fellow team manager that it would be prudent to insure the copper cables through a theft insurance.You also advise her regarding which insurance companies would give her the best insurance covers against theft.What risk response strategy did you just adopt? A. Risk mitigation B. Risk avoidance C. Risk transfer D. Risk acceptance
C is the correct answer. This is an example of Risk transfer where you have advised your fellow manager to insure against theft through insurance.Note that this does not eliminate the risk rather the risk is simply to be borne by the insurance company.It is also worthwhile to note that the transfer of negative risks comes with a premium to be paid to the party responsible for handling the risk.In this case the insurance company would need to be paid a premium for bearing this risk
Question - 171 You and your team have worked hard and are about to successfully deliver the project.The customer is also happy with the deliverables and overall everyone is happy with how the project was delivered.You have written up the prformance reviews of each individual in the project team .As a Project Manager in your current organization you know that the team will get disbanded and in the next project you may not get the same team members who so successfully delivered the current project.What kind of Organization Structure does this represent? A. Weak Matrix B. Balanced Matrix C. Projectized D. Functional
C is the correct answer. This represents a Projectized Organization structure.In a Porjectized organization teams are disbanded at the end of the project.In a Functional organization teams report to the Functional manager and are never disbanded.They continue in their own departments and continue to report to the Functional Manager.A weak matrix organization is very similar to a Functional Organization and role of Project Manager is limited.IN a balanced matrix organization staff reports to a Project manager and a Functional Manager - in the question above there is no mention of a functional manager - so Balanced Matrix is also not the correct option.Hence the answer is Projectized - Option C
Question - 61 Which of the following statements are false regarding Risk Management? A. All identified risks are maintained in the Risk Register. B. Risk prioritization occurs in Qualitative Risk Analysis. C. Risk prioritization occurs in Quantitative Risk Analysis. D. Low priority risks are maintained in a Watch List.
C is the correct answer. All of the statements are true except the statement regarding Quantitative Risk Analysis.Quantitative Risk analysis does not deal with prioritizing risks.The prioritization occurs in the Qualitative Risk Analysis process.Quantitative Risk Analysis deals with assigning numeric values to risks.
You have been called in to give an executive presentation on the status of your project. Just before you walk into the meeting, you are informed that a critical resource for the project is no longer available, and could result in a substantial delay to the project. However, you believe there may be an alternative resource that could be used. What do you tell the executive committee? A. Wait until you have all facts before you advise the executive team. B. Ask your deputy project manager to add this to the risk database, but do not mention it to the executive team. C. Advise the executive team of the situation exactly as you know it to be at that moment. D. Do not mention it to the executive team because you know that you have enough reserve to support a 2 month delay.
C. Advise the executive team of the situation exactly as you know it to be at that moment.
An issue log or action-item log is a tool that can be used to document and monitor the resolution of issues. At a minimum, the issue log should contain: A. A target resolution date. B. An owner name. C. An owner name and a target resolution date. D. An owner name, a target resolution date, financial impact on the project, impact on schedule.
C. An owner name and a target resolution date.
Which of the following is neither an input nor an output of the Direct and Manage Project Work process? A. Approved change requests B. Change requests C. Approved deliverables D. Deliverables
C. Approved deliverables
While preparing a human resource plan, a project manager documented that one of the senior programmers in the team would make decisions on whether the quality of deliverables from the project met the project's documented standards. Which of the following aspects of a human resource plan does this address? A. Competency B. Responsibility C. Authority D. Role
C. Authority
You are an expatriate working in a foreign country and have been asked to offer a cash payment gift to the procurement manager at a company you are bidding on work for. How BEST should you interpret this request? A. Agree to provide the cash payment because the procurement manager controls whether your bid is accepted. B. Inform the procurement manager that offering such a payment would violate your professional standards. C. Base your interpretation of the request on an understanding of the norms of the country you are in. D. Express your anger at the request and inform the procurement manager that this would never happen in your home country.
C. Base your interpretation of the request on an understanding of the norms of the country you are in.
A project manager creates a component-specific tool to verify that a set of required steps have been performed. This tool is called a: A. Risk Register B. Assumptions log C. Checklist D. Plan-Do-Act-Check
C. Checklist
The most effective method of resolving conflict or other issues with stakeholders is _____________ . A. Ignore B. Arbitrate C. Collaborate D. Avoid
C. Collaborate
You are managing a project for a customer that has just gone bankrupt and is subject to liquidation proceedings. There are several outstanding invoices that this customer has not paid to your company. What should you do now? A. Go into alternate dispute resolution B. Do nothing. C. Contact the appropriate management at your company for advice how to proceed. D. Send the invoices to the bankruptcy attorneys.
C. Contact the appropriate management at your company for advice how to proceed.
A management control point where scope, budget, actual cost and schedule are integrated and compared to earned value for performance measurement is called a: A. Code of accounts B. Control packages C. Control account D. Account Plan
C. Control account
A measure taken to bring future results in line with the project plan BEST describes? A. Change request B. Preventive action C. Corrective action D. Defect repair
C. Corrective action
The scope of work in a project could not be clearly defined. There was also a strong possibility that the scope would be altered during the course of the project. Which type of contract would suit this type of situation? A. Fixed price with economic price adjustment contract B. Fixed-price contract C. Cost-reimbursable contract D. Fixed price incentive contract
C. Cost-reimbursable contract
Emily is worried about her project because many of her tasks are slowly moving and two critical tasks may have the chance of slippage. She conducts a thorough resource analysis and finds out that there are five resources who will be free next week. She would like to use this as an opportunity to assign those resources to finish her tasks early and prevent the project completion date from slipping. This is an example of? A. Management reserves B. Resource leveling C. Crashing D. Fast tracking
C. Crashing
A project consists of multiple phases. Which of the following is a valid statement and applies to each phase of the project? A. Each phase is generally concluded with a review of the work accomplished but is only closed if the next phase has already been started. B. Each phase of the project is considered complete when the project sponsor signs off on that phase of the project. C. Each phase of the project is generally concluded with a review of the work accomplished and deliverables to determine acceptance and whether the phase should be considered closed. D. Each phase is generally concluded with a review of the work accomplished. A phase is never considered complete until the end of the project when the entire project can be deemed complete.
C. Each phase of the project is generally concluded with a review of the work accomplished and deliverables to determine acceptance and whether the phase should be considered closed.
As project manager, you find you are constantly dealing with conflict amongst your team members. Everyone argues over sharing available project resources so you plan to use a conflict resolution method to alleviate the tension between team members. What conflict resolution method is NOT recognized by the Project Management Institute? A. Forcing B. Withdrawal C. Elaboration D. Smoothing
C. Elaboration
A project manager is performing Reserve Analysis as a technique in one of the project management process that he is currently working on. Which of these is likely to be that process? A. Estimate Reserves B. Report Costs C. Estimate Costs D. Plan Costs
C. Estimate Costs
A team of engineers is reviewing the architecture diagram for a new ERP system being deployed at a large accounting firm. The engineers are discussing the impact of the failure of each node in the diagram on overall availability of the final product. The intent of the discussion is to minimize the likelihood of failure and the effects of any failure. What is this called? A. SWOT Analysis B. Quantitative Analysis C. Failure Mode and Effect Analysis D. Deming Cycle
C. Failure Mode and Effect Analysis
You have recently taken over a troubled automobile project which has gone out of control. The project team missed many deadlines and stakeholders were not happy with the project progress. As an experienced project manager, your first priority is to bring the schedule into alignment with the project plan. You would like to use what-if scenario analysis to see how various factors affected the project schedule so that you can develop a plan to reduce the impact of adverse conditions on the project schedule in future. What would be your next course of action once you determine the factors that created schedule overrun? A. Prepare a resource breakdown structure to identify resources used B. Update activity lists to incorporate new activities into the schedule C. Generate change requests for a corrective action D. Develop project schedule network diagrams to determine the total slack
C. Generate change requests for a corrective action
Jane is managing a software development project. During one of the project update meetings, one of the key stakeholders raised a serious concern about the new project management approach being applied on the project. The rest of the stakeholders are comfortable with the new project management approach being used. What should Jane do? A. Use coercive power to convince the stakeholder to accept the new approach. B. Request stakeholders to vote for the right approach. C. Have a separate one-to-one meeting with the stakeholder if the issue is not resolved during the update meeting. D. Remove the troublesome stakeholder from the stakeholder register.
C. Have a separate one-to-one meeting with the stakeholder if the issue is not resolved during the update meeting.
PMP Exam Set F - Q1 ( PMBOK 6th edition ) https://pmpexamforfree.com/pmp-exam-set-f-q1/ Jane has been assigned to establish a PMO in her organization. Jane believes that this project cannot be successful unless all of the key project stakeholders support the project. She also believes that she needs to pay special attention on stakeholder management to ensure success of this project. As the first step, she needs to develop her stakeholder register. Which of the following processes must be started by Jane to produce the project stakeholder register? A. Plan Stakeholder Engagement B. Monitor Stakeholder Engagement C. Identify Stakeholders D. Manage Stakeholder Engagement
C. Identify Stakeholders
During the execution of a project, a need is felt to make major changes to the project stakeholder management plan. What must the project manager do first? A. Ask the project sponsor for an expert opinion. B. Directly make the required changes. C. Issue a change request. D. Move the project back to planning phase.
C. Issue a change request.
Which of the following is the correct statement regarding the Identify Stakeholders process? A. It is a discrete process. B. It is an optional process. C. It is an iterative process. D. It is a planning process.
C. It is an iterative process.
A project manager has been asked to manage a research project. By its very nature, this type of project is not very clearly defined and involves a lot of uncertainty. What phase-to-phase relationship should the project manager use for this project? A. Open-ended relationship B. Overlapping relationship C. Iterative relationship D. Sequential relationship
C. Iterative relationship
A research project needed to be carried out under largely undefined, uncertain and rapidly changing environmental conditions. If this project is carried out as a multi-phase project, which of the following phase-to-phase relationships best suits it? A. Overlapping relationship B. Sequential relationship C. Iterative relationship D. Boxed relationship
C. Iterative relationship
You are negotiating a contract with a seller. You want to go in for a Fixed price type of contract. The seller uses a different terminology for the fixed price type of contract. He is most probably referring to it as a: A. Cost-Plus-Fixed-Fee contract B. A Time and material contract C. Lump sum contract D. Cost-Plus-Fee contract
C. Lump sum contract
Jane is managing a project in a Functional organization. In this organization, she can expect to find that: A. She wields considerable authority and can make independent decisions related to the project. B. Management systems are designed to support projects and project management is easy. C. Management systems are not designed to support project needs efficiently, and project management is difficult. D. There are no barriers to communication between cross-functional teams. She is able to easily reach out to other teams without needing to go through the Functional manager.
C. Management systems are not designed to support project needs efficiently, and project management is difficult.
Which of the following is not a general management technique used to generate different approaches to execute and perform the project work? A. Lateral thinking B. Analysis of alternatives C. Map Out D. Brainstorming
C. Map Out
As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes, conduct more tests and choose a more stable supplier. What strategy would this be classified as? A. Acceptance B. Transference C. Mitigation D. Avoidance
C. Mitigation
You have your project team members record the time they spend on different activities during the day such as: programming, electrical, HVAC, etc. This is an example of a tool and technique in what process? A. Manage Communications B. Direct and Manage Project Work C. Monitor and Control Project Work D. Manage Team
C. Monitor and Control Project Work
A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter ideally be revised? A. At the beginning, middle and end of a project. B. Once a month C. Never D. As required by the PMO.
C. Never
You are a certified PMP, and have been contact by PMI as part of an investigation they are conducting into allegations of improper conduct by your manager, also a PMP. A complaint has been filed stating that your manager has received bribes related to a large procurement contract on another project. PMI has asked if you would be able to provide information regarding this situation. What should you do? A. Confront your manager. B. Send PMI project documentation and emails related to the allegations to assist with their investigation. C. Notify the appropriate management immediately. D. Do nothing, citing a conflict of interest.
C. Notify the appropriate management immediately.
Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do? A. Do nothing. B. Offer to review all your manager's combined status reports before he presents them. C. Notify the appropriate management immediately. D. Ask your manager if that information was simply a typographical error.
C. Notify the appropriate management immediately.
You are fairly new to project management, but have been successfully managing a small project and now management has given you another project to manage, which you are excited about. However, the new project is growing exponentially everyday, you have also learned a project manager you work with managed a similar project last year. What should you do? A. Wait to see if the scope of the project continues to grow B. Get the project assigned to the PM who managed the similar project C. Obtain Historical Records and get guidance from the project manager D. Speak to the other project manager to develop your project plans
C. Obtain Historical Records and get guidance from the project manager
You are assigned to prepare the Procurement Management Plan for a project that involves setting up an org-wide supply chain management system. You are looking for a guideline on what type of contracts you can use and what type of contract forms are to be used for this project. Which source will help you obtain this? A. Each project is unique so you will need to prepare the necessary documentation for this. B. Department process repository C. Organizational Process Assets D. Integrated project Plan
C. Organizational Process Assets
While analyzing the risks in a project, a project manager came up with a Risk Urgency Assessment document. In which process would this be done? A. Close Risks B. Monitor Risks C. Perform Qualitative Risk Analysis D. Plan Risk Management
C. Perform Qualitative Risk Analysis
Jane is managing a multi-million dollar shopping complex construction project. The buyer of the project is an external entity. After identifying all the key and major project stakeholders, Jane is now planning to carry out a comprehensive stakeholder analysis. Which of the following is not involved with the stakeholder analysis? A. Identifying potential stakeholders B. Identifying stakeholder relationships C. Resolving stakeholder conflicts D. Determining stakeholders' interests and expectations
C. Resolving stakeholder conflicts
A Responsibility Assignment Matrix illustrates the connections between the work that needs to be done and the project team members. A RACI chart is a type of Responsibility Assignment matrix where the names of the roles being documented are: A. Responsible, Administration, Check and Inform B. Reportable, Actionable, Check and Inform C. Responsible, Accountable, Consult and Inform D. Reportable, Actionable, Consult and Implement
C. Responsible, Accountable, Consult and Inform
You are in the initiation phase of your project and believe the project can be completed for $100,000. However, you are an experienced project manager and know that many things can happen between the initiation phase and the closure of the project. You have provided an estimate in the project charter of $75,000 - $175,000. This is an example of? A. Narrow Estimate B. Absolute Estimate C. Rough Order of Magnitude Estimate D. True Estimate
C. Rough Order of Magnitude Estimate
You are a project manager who is in charge of an important project for your company. The project includes producing widgets for your customer. Data has been collected to help identify the greatest causes of defects in the overall process. Which technique should you use to determine the correlation between two variables being analyzed? A. Statistical sampling B. Pareto chart C. Scatter diagram D. Control chart
C. Scatter diagram
Joel is managing a high priority project for his organization. The project has recently lost the support of the key stakeholders. Despite a number of efforts, Joel has failed to realign the stakeholders and regain their support. What should he do now? A. Terminate the project B. Continue trying to regain the support but keep progressing on the project C. Seek the project sponsor's assistance D. Remove the stakeholders from the stakeholder register
C. Seek the project sponsor's assistance
A project manager who is a PMP discovered that there had been an error in the estimation of a project. A certain cost had been double calculated with the result that the budget, which had already been approved, was now in excess by a figure of $ 25,000. She is aware that publicizing this information will cause her to receive a poor performance appraisal since her company is very fastidious about such matters. What should she do? A. She does not need to do anything since this will have a positive impact on the project's spend and margins. B. Since the excess funds won't be required, she can now use the funding to make additional investments for the project. C. She should bring this to the notice of the appropriate stakeholders and have the necessary steps taken to decrease the budget. D. She does not need to do anything since the budget has already been approved. This situation is okay as long as the extra funds are not spent..
C. She should bring this to the notice of the appropriate stakeholders and have the necessary steps taken to decrease the budget.
If you want to reduce the number of quality inspections and thus reduce the cost of quality control for your project, which technique should be used? A. Run Chart B. Defect Repair Review C. Statistical Sampling D. Pareto Chart
C. Statistical Sampling
Your most recent quality control chart shows that all data points measured fall within the control range. However, there is a group of 8 consecutive data points sitting above the mean. What do you do? A. Do nothing. The control processes are working as designed. B. Change the standard deviation by +/- 1. C. Tell the stakeholders there is a possible quality control issue and you are investigating the cause. D. Use project contingency funds to pay for the rework of these items.
C. Tell the stakeholders there is a possible quality control issue and you are investigating the cause.
The product design your project team developed was very well received by the customer. There were two key contributors to this design. The customer calls you to tell you how pleased he is with the design. What do you tell him? A. Ask to negotiate a bonus payment. B. Thank the customer. C. Thank him on behalf of the team and call out the contributions made by two of the team members. D. Tell the customer that you worked very hard on the design and that you are happy he is pleased.
C. Thank him on behalf of the team and call out the contributions made by two of the team members.
You are managing a software development project. The project will involve working with a remote team. One of the requirements is to set up a secure communication link. The lead-time to setup the link is 45 days. Since the initial phase of the project involves requirements gathering, you feel that the link is required only after 3 months and are planning accordingly. You would typically do this planning activity in: A. The Conduct Procurements process B. The Define Activities process C. The Plan Procurement Management process D. The Control Procurements process
C. The Plan Procurement Management process
Which of the following statements are NOT true considering the planned value, the earned value, the schedule variance and the cost variance of a project? A. The cost variance is the difference between the earned value and the actual cost B. The schedule variance is the difference between the earned value and the planned value C. The earned value is the value of work to be completed in terms of the approved budget D. The planned value is the budget authorized to the work to be performed
C. The earned value is the value of work to be completed in terms of the approved budget
The Identify Risks process involves determining which risks may impact a project. It is considered an iterative process. What is the frequency of the iteration? A. Every month B. Every fortnight C. The frequency of iteration will vary based on the situation D. Every week
C. The frequency of iteration will vary based on the situation
Which of the following is accurate regarding Project Integration Management? A. Project deliverables are not part of Integration Management B. It involves the integration of process groups and not individual processes C. The need for it becomes evident in situations where individual processes interact D. It involves disregarding trade-offs and focuses on clearly articulating how accomplish all requirements by the deadline
C. The need for it becomes evident in situations where individual processes interact
A first-time project manager created a Work Breakdown Structure (WBS) where the deliverables had different levels of decomposition. What would your comment on this be? A. This is incorrect. All deliverables need to have the same level of decomposition. B. This is incorrect. Only deliverables under different branches can have different levels of decomposition. C. This is fine. Different deliverables can have different levels of decomposition depending on the work involved. D. This is fine. The focus of the WBS is not the deliverables, but the tasks involved.
C. This is fine. Different deliverables can have different levels of decomposition depending on the work involved.
Emily has been assigned as the project manager of a project. After a detailed discussion with the project management team, she decides to come up with a quality management plan that is informal and broadly framed. What would your comment on this be? A. This is incorrect. A quality management plan should be formal but broadly framed. B. This is incorrect. A quality management plan should be formal and highly detailed. C. This is fine. The style and detail of the quality management plan is determined by the requirements of the project. D. This is incorrect. A quality management plan should be informal and highly detailed.
C. This is fine. The style and detail of the quality management plan is determined by the requirements of the project.
A project manager is preparing the WBS for a software project. The WBS includes all the product and project work but excludes the project management work. From the following choices, select a statement that correctly describes this situation. A. This is incorrect. Product work and project management should be included as part of the WBS, but project work should be excluded. B. This is incorrect. Project work and project management should be part of the WBS but product work should be excluded. C. This is incorrect. Product work, project work and project management work should all be included in the WBS D. This is correct. Product and project work should be included as part of the WBS, but project management work should be excluded.
C. This is incorrect. Product work, project work and project management work should all be included in the WBS
Colocation is also referred to as: A. Strong matrix B. Weak matrix C. Tight matrix D. Balance matrix
C. Tight matrix
Organizations evaluate the need of buying products versus making the items themselves. Which of the following is not a factor that influences the make-or-buy decisions: A. Core capabilities of the organization B. Value delivered by vendors meeting the need C. Total duration of the project D. Risk associated with meeting the need in a cost-effective manner
C. Total duration of the project
As the project manager of a development project, you are aware that there is a slight defect in the product developed, as a result of which it will fail to meet certain regulatory standards. This was due to faulty requirements. You are also aware that the product will continue to function properly even though it fails to meet that standard. Your customer manager asks you to certify that the product meets the necessary regulatory standards, stating that this will not be verified when the report is submitted to the necessary authorities, so there is no issue with your certifying. Your stance is that: A. You certify the product. Regulations are anyway guidelines in the industry. Not meeting a regulation does not mean anything. B. As a one-off instance, you will certify the product to make sure the project goes through successfully. C. You will not certify that a product meets certain regulations when it does not, even though the product continues to function well. D. You certify the product, but you document your conversation with your customer manager for future purposes.
C. You will not certify that a product meets certain regulations when it does not, even though the product continues to function well.
Which of the following best describes Plan Stakeholder Management process? A Creation and maintenance of relationships between the project team and stakeholders B Preventing negative stakeholders from derailing theproject C Striking a balance between stakeholder needs and project needs D Focuses on from the creation of the stakeholder management strategy
CORRECT: A - stakeholder management is about the creation and maintenance of relationships between the project team and stakeholders. Under specific circumstances, answers B and C may be partially or. Answer D is incorrect: what is created as the stakeholder m
Describing stakeholders based on their power (ability to impose will), urgency (need for immediate attention), and legitimacy (their involvement), describes what type of grid or model? A Power/Influence grid B Salience Model C Influence/Impact grid D Power model
CORRECT: B - This exactly describes the Salience model.
Your project is well underway, and the project management plan as well as subsidiary plans have been baselined and work is proceeding apace(quickly). A key project stakeholder has just approached you with a problem: a requirement was missed by the business in the requirements gathering process and they want it inserted into the project plan without having to go through the formal change request process. They would consider it a huge favor if you did so and would be willing to reciprocate at some later date. What should you do next? A Talk to the stakeholder's manager about the stakeholder's request for a breach in the formal corporate change management process B Since the stakeholder has key resources on the project, it may pay off in the long run to agree to the stakeholder's request C Perform an impact assessment on the requested change and submit to the CCB for approval D Agree to the request only if the stakeholder is willing to remove a less important feature of equal effort so as not to impact the costs or the timeline on the project
CORRECT: C - This is an ethics question dressed up as a stakeholder management question.
Questions An important trend in the Project Stakeholder Engagement process is ...? A Identifying all stakeholders B Stakeholder diversity C Complexity of stakeholder relationships D Communication technology
CORRECT: a - Answers b, c and d are tailoring considerations. PMBOK Guide®, 6th edition, p. 505
Which of the following is not true about the Close Project or Phase process? A Contract closeout must be performed after the Administrative Closeout. B The risk is the lowest at this stage of the project. C The probability of completion is the highest at this stage of the project. D Stakeholders have least amount of influence at this stage.
CORRECT: a. Contract Closeout is performed before administrative Closeout
Which of the following is not true about the Delphi technique? A Individuals participating must know each other for Delphi technique to be successful. B Delphi technique is most commonly used to obtain expert opinion. C In Delphi technique participants are generally anonymous. D Participants can be remote from one another
CORRECT: a. Experts participating in the Delphi technique are anonymous.
Bids, tenders and quotes are other names for what? A Proposals B Make-or-buy decisions C Buyer responses D Pre-bid conferences
CORRECT: a. PMBOK Guide®, 6th edition, p. 477
You are the Project Manager for ABC project. You need to find out which issue has maximum impact on the project. Which tool should you use? APareto diagram BControl chart CTrend analysis DFishbone diagram
CORRECT: a. Pareto chart is built on the 80:20 theory. 80% of the defects are caused due to 20% of the issues. A Project Manager needs to focus on these 20% issues.
You are working on a project to build a bridge. You have reached the planned half way mark. The total planned cost at this stage is five hundred dollars. The actual physical work that has been completed at this stage is worth $400. You have already spent one thousand dollars on the project. What is the Schedule Variance? A -100 B 100 C -600 D 600
CORRECT: a. SV=EV-PV. 400 minus 500 is -100.
Most common cause of conflicts in a project is A Schedules B Technical opinions C Personal Issues D Project priorities
CORRECT: a. Schedules are most common cause of conflicts.
John is an excellent engineer. The management assumes that since he is a good technical performer, he will be a good project manager too. Based upon this, John was promoted to Project Manager. This is an example of A Halo Effect B Expectancy Theory C McGregory Theory of X and Y D Herzberg Theory
CORRECT: a. The behavior described is an illustration of Halo's effect.
The level of accuracy for order of magnitude estimation is A -25% to +75% B -25% to +50% C -25% to +25% D -25% to +10%
CORRECT: a. The order of magnitude is preferred during initiation phase, and it has an accuracy range of -25% to 75%
Which of these is not a benefit measurement project selection method? A Integer Algorithm B Internal Rate of Return C Scoring model D Discounted cash flow
CORRECT: a. The other three options are examples of benefit measurement method.
You are managing the project of planning a party for your company employees. There is a risk that the employees will not come to the party. You decide to not take any action against this as the likely-hood of this is low. Which risk response strategy are you following? A Acceptance B Avoidance C Mitigation D Transference
CORRECT: a. This is an example of Acceptance risk response strategy.
You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that before the vehicle can be sold, it must be approved by the Government regulatory authority. This is an example of which type of dependency? A External B Discretionary C Soft Logic D Mandatory
CORRECT: a. This is an example of dependency to an external (outside) body.
You are working on the project of painting of your house. You identify a dependency that the painting of roof should begin only after two days of completion of painting of walls. This is an example of A Lag B Lead C Slack D Float
CORRECT: a. This is an example of lag. Lag is the amount of time after the completion of the predecessor activity, when the successor activity can start.
Typically signing of project charter is the responsibility of A Project Sponsor B Senior Management C Project Manager D Project stake-holders
CORRECT: a. Unless the Project Sponsor is subsumed within Senior Management
You have just been made the Project Manager of the ABC project. You are trying to read the WBS and are unable to understand some of the WBS components. Which should be your first step to understand this? A Refer to the WBS dictionary B Refer to the scope statement C Refer to the Project charter D Contact the previous Project Manager
CORRECT: a. WBS dictionary is the best option. WBS Dictionary identifies all the components used in the WBS
Which of the following is not true about the WBS report? A WBS should focus in on the activities that must be performed in the project and should not focus on the deliverables. B The project team must be involved in developing the WBS. C As a rule of thumb, each activity of WBS should take less than 80 hours. D WBS is usually represented in a hierarchical fashion.
CORRECT: a. WBS should focus on deliverables.
You are the Project Manager of a project involving building a computer. Your team members follow what you tell them because you have the authority to provide negative feedback in their performance appraisal. This is an example of which type of power? A Coercive B Referent C Formal D Reward
CORRECT: a. When the team is afraid of the Project Manager, the power yielded is of type Coercive.
In which process of Project Risk Management knowledge area are numeric values assigned to probabilities and impact of risks A Perform Qualitative Risk Analysis B Perform Quantitative Risk Analysis C Perform Numeric Risk Analysis D Plan Risk Response
CORRECT: b. A numeric value is assigned to risks impact and probability during the Quantitative Risk Analysis process.
You are the project manager of ABC project. One of the risks that has been identifies is attrition of team members. Mid-way through the project you notice that the morale and motivation of the team members is going down. You think that this is a precursor to people leaving the organization. For this risk, low motivation is an example of A work-around B trigger C risk monitoring D risk planning
CORRECT: b. A risk trigger is an indication that the risk is about to occur or has occurred.
Cost baseline is usually represented using which curve or line? A a Slanted line B an S-curve C a Z curve D a PQ curve
CORRECT: b. An S-curve is typically used to represent a cost baseline. The cost is low in the beginning and end, and high during the middle of the project.
Project Quality Management .... A Must meet management objectives B Applies to all projects, regardless of deliverables C Applies only to specific areas of the project D Is necessary only when stakeholders agree on quality characteristics
CORRECT: b. Applies to all projects. PMBOK Guide®, 6th edition, p. 280
The process of Conduct Procurements is part of which phase? A Planning B Execution C Control D Closure
CORRECT: b. Conduct Procurements is part of execution phase.
You are the Project Manager of the XYZ project. You want to find the planned expenses for next month. Which document do you need to refer to? A Cost Management Plan B Cost Baseline C Cost Control Plan D Cost Variance report
CORRECT: b. Cost baseline includes the project budget for each month.
You are performing Earned Value Reporting for your project. The project's CPI is 0.9 and the budget at completion is One thousand dollars. What is the estimated cost at completion? A Nine hundred dollars B One thousand one hundred and eleven dollars C One thousand dollars D One thousand and one hundred dollars
CORRECT: b. EAC = (BAC/CPI).
You are using straight line depreciation to compute the value of your computer after three years. If the current cost is $1000, what will be the value after three years assuming that the computer's life is five years. A $0 B $400 C $500 D $600
CORRECT: b. Each year $200 gets removed from the value of computer. After three years the value becomes $400.
Which of these is correct with respect to a product developed or a service performed. A Bad quality is acceptable, but bad grade is not. B Bad grade is acceptable, but bad quality is not. C Neither bad grade nor quality is acceptable. D Grade and quality is the same thing.
CORRECT: b. Grade refers to category or rank given to entities having same functional use but different technical characteristics.
You are the Project Manager of ABC project. The project is being executed in an earthquake-prone area. To take care of this you buy insurance for earthquakes. This is an example of A Risk mitigation B Transfer of risk C Risk contingency planning D Accepting the consequences passively.
CORRECT: b. Insurance is an example of transferring risk.
You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using? A Bottom-up B Parametric modeling C Analogous D Expert judgment
CORRECT: b. Parametric modeling is the best option.
According to Maslow's hierarchy of needs, which is the lowest level which must be met before other levels can be met. A Esteem B Physiological C Social D Safety
CORRECT: b. Physiological factors appear at the lowest level of Maslow's hierarchy triangle.
The most long-lasting conflict resolution is caused by which of these techniques? A Smoothing B Confrontation C Compromising D Forcing
CORRECT: b. Problem-solving or Confrontation is the best solution for resolving conflicts and leads to long-lasting conflict resolution.
Which process identifies the project manager? A Develop Project Management Plan B Develop Project Charter C Define Scope D Select Project Process
CORRECT: b. Project Manager is identified as part of the Develop Project Charter process.
You are using control charts to perform quality control. Which of these situations does not indicate that the process is out of control and an assignable cause needs to be assigned. Assume that the control limits have been set to three sigma. A One of the point is more than the mean + (3*sigma) B Two points together are more than mean +(2*sigma), but less than mean + (3*sigma) C Seven points together are on one side of the mean. D Three points are on one side of the mean
CORRECT: b. The other two are conditions that indicate the process is out of control.
AOA activity diagrams are only represented using which representation? A start-to-start B start-to-finish C finish-to-start D finish-to-finish
CORRECT: c. AOA activity diagrams are represented using finish-to-start representation.
You are the Project Manager of ABC project. There was a conflict between two key project members. The three of you meet and decide to use compromise as the conflict resolution technique. Compromise generally leads to A Win-win situation B Win-Lose situation C Lose-Lose situation D None of these
CORRECT: c. According to PMI, compromise is an example of a lose-lose situation.
What is the difference between precision and accuracy? A You cannot be both precise and accurate B Accuracy is a measure of exactness; precision measures correctness of the deliverable C Accuracy measures correctness; precision measures exactness D The two terms are basically synonymous
CORRECT: c. Accuracy is a measure of correctness; conformance to target values. Precision is measured by exactness; standard deviation. PMBOK Guide®, 6th edition, p. 238
Which of these is an example of processes in the closing process group? A Project Closure B Scope Closure C Close Project or phase D Scope Validation
CORRECT: c. Close Procurements and Close Project or phase are the two closure processes.
Which of these is a process in the Scope Management knowledge area A Identify Scope B Clarify Scope C Control Scope D Close Scope
CORRECT: c. Control Scope process is part of scope management knowledge area.
You are the project manager responsible for building a new web site. The project is running late. To bring the project on schedule, you decide to add additional resources to the critical path. This is an example of A Fast-tracking B Resource planning C Crashing D Schedule Management
CORRECT: c. Crashing involves adding extra resources to reduce the project duration.
John needs to visit many countries as part of his job. He has learned that he needs to avoid being ethno-centric. What does ethnocentrism mean? A Not being friendly to strangers B Unable to get adjusted to the food of a new place C Belief that ones culture is superior to others. D Initial shock of landing in a new country.
CORRECT: c. Ethnocentrism refers to belief that ones culture is superior to other cultures.
Which of these is a tool for Develop Project Charter process? A Project selection methods B Project management methodology C Expert Judgment D Earned Value Technique
CORRECT: c. Expert judgment is a tool for the Develop Project Charter process.
Oligopoly refers to which of these A There is only one qualified seller in the market. B There are no sellers in the market, so you have to build the product in-house. C There are few sellers and action of one seller will have impact on other sellers prizes. D Your company prefers to contract with only one seller.
CORRECT: c. In oligopoly, the action of one seller has an impact on other sellers, as there are very few sellers.
Murder board is an example of benefit measurement method. You are part of an expert committee deciding which project should be implemented by your company. Your committee asks tough questions from the project teams and helps decide which project your company should select. Which project selection technique are you using. A Scoring Model B Committee Selection C Murder Board D Defined Benefit
CORRECT: c. Murder board is a process where a committee asks questions from project representatives as part of the project selection process.
Which of the following is an output of the Identify Risks process. A Lessons Learned B Checklists C Risk Register D SWOT Analysis
CORRECT: c. Risk Register is the only output of the Risk identification process.
You are planning to use screening system for source selection process to select a vendor for supplying food for your company? Which of these is a good example of screening system? A You interview all the vendors and decide based upon the interviews. B You negotiate with all the vendors and select the one that provides the best price. C You only consider those vendors who have revenue of ten million dollars in the last financial year. D You select the vendor who responds first to your advertisement.
CORRECT: c. Screening system are predefined criteria that are used to short-list vendors for source selection
You are the Project Manager of a car manufacturing company. As part of Quality Control you decide to check only 5% of the cars generated for environmental check. Which technique are you using? A Pareto Diagram B Control Charts C Statistical Sampling D Sample Selection
CORRECT: c. Statistical Sampling is the standard technique that is used to test only a small sample of products instead of all the products manufactured.
Which of the following is not true about analogous estimating. A Estimate is based on past projects. B It is not very accurate. C It uses bottom-up approach D It is a form of an expert judgment
CORRECT: c. The others are true statements about analogous estimating.
You are the project manager of ABC project. Mid-way through the project a key component was found defective. This was not planned for. The team met after the event and managed to make the product work without the defective component. This is an example of - A Risk mitigation B Transfer of risk C Work-around D Accepting the consequences passively.
CORRECT: c. This was an unplanned event that happened. Work around refers to handling of risk that has occurred but was not planned for.
Which of the following best describes the purpose of a war room? A A war room is used for meetings between the Project Manager and the customer. B A war room is used for important meetings between the Project team and the senior management. C A war room is used for collocation D Whenever there is a resource conflict between different Project Managers, they meet in a war room.
CORRECT: c. War room is used for collocation to facilitate communication within the team.
Which relationship model is most commonly used in the Precedence diagrams? A start-to-start B start-to-finish C finish-to-start D finish-to-finish
CORRECT: c. finish-to-start is the most commonly used relationship.
What happens next is an impact assessment. Under the mandatory Responsibility section: "We inform ourselves and uphold the policies, rules, regulations and laws that gover A key output of the Identify Stakeholders process is A A Change log B An agreement C A risk management plan D A stakeholder register
CORRECT: d - PMBOK Guide®, 6th edition, p. 507
Which of the following indicate that the project is doing well? Select the best option. A A negative Cost Variance B An SPI of less than one C A negative schedule variance D A CPI of greater than one.
CORRECT: d. A CPI of greater than one indicates you are taking less money than planed to do the project.
What percentage of Project Manager's time is spent on communicating? A 30 B 50 C 70 D 90
CORRECT: d. According to PMBOK 90% of Project Managers time is spent in communicating.
You are the Project Manager for XYZ project. The scope of the project has been completed. You receive a request for a new module to be developed as part of this project. What should you do next? A You should approach the Project sponsor and ask her for a new module to be developed as part of this project. B You should approach the Senior Management and ask them for a new module to be developed as part of this project. C You should send the request to Change Control Board for approval. D Since the project scope is completed you should inform the customer that this change cannot be done as part of the project.
CORRECT: d. As the scope is completed, the project is complete. Additional work should be done as part of a new project.
You are working on a project to build a bridge. You have reached the planned half way mark. The total planned cost at this stage is five hundred dollars. The actual physical work that has been completed at this stage is worth $400. You have already spent one thousand dollars on the project. What is the CPI? A 0.8 B 1.2 C 0.5 D 0.4
CORRECT: d. CPI = EV/AV. EV=400, AC = 1000, PV=500.
Which of these is not an example of a project? A Buying clothes from the market on a special sale. B Planning for your friends wedding. C Building a bridge across the Amazon river. D Cleaning the office building every day.
CORRECT: d. Cleaning the building is a repetitive task that is done everyday. Hence it is not an example of a project.
Which of these is a constrained optimization project selection method? A Parallel algorithm B Number programming C Murder board D Dynamic Programming
CORRECT: d. Dynamic Programming is an example of Constrained Optimization method.
When analyzing quality for a project a Project Manager decides to use a tool. This tool provides a creative way to look at the causes or potential causes of a problem. Which tool is the Project Manager planning to use? APareto diagram BControl chart CStatistical sampling DIshikawa diagram
CORRECT: d. Ishikawa or Fish bone diagram is the tool that the Project Manager is planning to use.
You have been asked to make an estimate for a project. The project involves manufacturing 1000 toys. You expect that as the team manufactures some toys, the time to make them will reduce. Which estimation technique are you trying to use? A Analogous Estimation B Regression Analysis C Bottom up Estimating D Learning Curve
CORRECT: d. Learning curve estimation uses the principal that the cost per unit will decrease as more units of work are manufactured.
You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that the wheels must be designed and developed before the assembly of the vehicle can be performed. This is an example of which type of dependency? A External B Discretionary C Soft Logic D Mandatory
CORRECT: d. Mandatory dependency represents dependencies due to nature of work.
You are planning to use PERT for planning of your project. A task has pessimistic estimate of 24 days, most likely estimate of 15 days and optimistic estimate of 12 days. What is the mean using the PERT technique? A 18 days B 25.5 days C 15 days D 16 days
CORRECT: d. Mean for PERT is defined as (P+4M+O)/6 which comes out to be 16 days.
Before committing to a larger portion of the project scope, the buyer of a product or service will frequently implement a ...? A Logistics approach B Long lead time C Managed supply chain D Trial engagement
CORRECT: d. PMBOK Guide®, 6th edition, p. 464
Who among the following is responsible for performing the scope validation A Project Manager B Senior Management C The quality team D The customer
CORRECT: d. Scope Validation is the process of the customer accepting the project deliverables.
The authority to approve or deny change request lies with A Project Manager B Customer C Project Sponsor D Configuration Control Board
CORRECT: d. The Configuration (or Change) Control Board has the authority to approve or deny change requests.
Which of the following is true statement about risks? A If a risk is identified in a risk response plan, then that means that risk has already happened. B Once a risk has happened, you refer to the risk management plan to determine what action needs to be taken. C A risk that was not planned but has happened is called a trigger. D Risk identification happens in all the phases of the project.
CORRECT: d. This is the only correct statement.
Which of the following processes produces WBS as an output? A Plan Scope B Initiate Project C Define Activities D Create WBS
CORRECT: d. WBS is an output of the Create WBS.
Which of the following is not an input to the Conduct Procurements process? A Source selection criteria B Make-or-buy decisions C Organizational process assets D WBS
CORRECT: d. WBS is not an input to the Conduct Procurements process.
16. You are managing a project for a customer based on a cost-reimbursable target cost contract with the following terms: Target costs: $ 1,000,000 Fixed fee: $ 100,000 Benefit/cost sharing: 80% / 20% Price ceiling: $ 1,200,000 Which is the PTA (= point of total assumption, break point) of the project? A $1,300,000 B $1,500,000 C $80,000 D $1,125,000
D
17. During execution of a project which is performed for a customer on a T&M (time and material) contract base, a new project manager is taking over the assignment. She discovers that two members assigned to the project have charged time without performing any work for the project customer. Upon further investigation, she determines that this occurred because there have been no other project assignments open for these employees and that her company wanted to keep their time billed to a customer. The customer is unaware of these facts. What should the project manager do? A Try to find some productive work for these staff members in the project and leave them on the team. B The best thing is to do nothing. The customer will not realize the problem anyway. C Try to find a responsible person for the over-assignment who can be made accountable. D Take the two people off the team immediately and arrange for the refund of the excess charges to the customer.
D
2. A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time. Each project would take 9 months and would cost $250,000. The first project is a process optimization which would result in a cost reduction of $120,000 per year. This benefit would be achieved immediately after the end of the project. The second project would be the development of a new product which could produce the following net profits after the end of the project: 1. year: $ 15,000 2. year: $ 125,000 3. year: $ 220,000 Assumed is a discount rate of 5% per year. Looking at the present values of the benefits of these projects in the first 3 years, what is true for their monetary attractiveness? A Both projects are equally attractive. B One cannot say based on the numbers. C The second project is more attractive. D The first project is more attractive.
D
23. A prime contractor in a customer project under CPFF contract has run into unexpected technical problems through no fault of their own. Fixing these problems will require a lot of additional work to be done. The company made a decision to book more staff and equipment from their subcontractors in order to increase productivity and adhere to the agreed timeline. The overhead work for the project is reimbursed by the customer with the fixed fee and will remain unchanged. The customer agreed to this decision. What will most likely happen? A The contractor's indirect costs will increase and the customer's payment for them will increase, too. B The contractor's indirect costs will increase, but the customer's payment for them will not increase. C The contractor's indirect costs will not increase, but the customer's payment for them will. D Both the contractor's indirect costs and the customer's payment for them will not increase.
D
32. Which tools and techniques are used in the processes Create WBS and Define activities? A Nominal group technique B Human resource assignment C Brainstorming D Expert judgement and decomposition
D
48. Together with your team, you are writing a risk management plan. In the team, discussions are occurring what should be covered by the plan and what not. Finally, the team found out that _______ should NOT be covered by a risk management plan? A Roles and responsibilities for managing project risks B Timing of project risk management processes and activities C The methodological approach used for risk management D Individual risks and potential responses to them
D
5. During a project, earned value analysis is performed, resulting in the following numbers: EV: 523,000; PV: 623,000; AC: 643,000. Which results are correct? A CV: +120,000; SV: +100,000 B CV: +100,000; SV: +120,000 C CV: -100,000; SV: -120,000 D CV: -120,000; SV: -100,000
D
50. An estimation has been made for a construction project that the construction of a residential home will cost a certain amount per square foot of living area. This is an example of what type of estimating? A Analogous estimating B Bottom-up estimating C Top-down estimating D Parametric estimating
D
55. You are the project manager in an engineering project and have recently signed a contract with a software vendor for the development of a complicated control solution as a contractor of your project. The software will be used to control machinery equipment which your project team is currently developing. The contract is a lump-sum contract. The contractor has a cost target based on estimates, which seem rather low to you. Which of the following statements is NOT true for this situation? A It is the contractor's risk in this type of contract that their profit may vanish if costs have been underestimated. B This form of contract should only be chosen when all requirements on the contractor's product are well-understood by all parties involved. C In a fixed-price contract, change requests can require adaptations to price, schedule and other contractual items for the changes to be applied. D It is likely that your organization may have to assume any unexpected additional costs for the software development that occur.
D
59. You have been criticized that certain specifications in your scope statement do not pass the test for SMART objectives. What are SMART objectives? A Objectives specified in far more detail than necessary for a execution of a successful project. B Easily achievable objectives which help you reducing the pressure on yourself and the team. C Objectives that should be achieved in order to attain formal recognition by both the customer and the project sponsor. D Objectives that are described using specific, measurable, assignable, realistic and time-related specifications.
D
60. You have been assigned as a project manager to a software project. While you and your team are working on a WBS (work breakdown structure), estimates for activity durations are already made. These are based on a preliminary activity list and vary significantly, obviously as the team members have different concepts of the work that needs to be done. Which additional documents may help you clarify work requirements in this situation? A Final project schedule. B Project schedule network diagrams and human resource plan. C Activity cost estimates and scope baseline. D Activity attributes and project scope statement.
D
66. What is the S-curve in project management? A A graph that is generated if a normal curve is integrated. B A graph that is to be integrated to generate a normal curve. C A metaphoric description of the short term uncertainties that are present in every project. D The graph that describes the typical growth of earned value during the course of the project.
D
70. Which is NOT true in regard of RoI (return on investment) calculation for a project? A It defines the cumulated net income from an investment at a given point in time or during a defined period. B It includes investment, direct and indirect costs and may include allowances for capital cost, depreciation, risk of loss, and/or inflation. C It is most commonly stated as a percentage of the investment or as a dimensionless index figure. D It is the time when cumulated net income is equal to the investment.
D
72. Which of the following statements describes best the relationship of quality and grade? A Low grade is always a problem; low quality may be overcome by a good rework and repair process. B Grade is a category or rank given to entities having different functional requirements but the same need for quality. C Both quality and grade can often be improved through intelligent measuring, testing and examining. D Low quality is always a problem as it bears on the ability of an item to meet requirements; low grade may sometimes be acceptable.
D
87. A project management team identified the need to remove over-allocations of resources and optimize their usage. They are discussing whether to apply resource leveling or resource smoothing. Which of the following statements is correct? A Resource leveling does not change the project schedule B Resource smoothing commonly changes the critical path C Resource smoothing may delay the completion date D Resource smoothing may not optimize all resources
D
9. In order to speed up a project, you made a decision to fast-track a phase currently performed with five team members, and another one which was planned to begin in four weeks time with another five team members. Which of the following activities should you do first? A Make sure that all exit criteria of the consecutive phase have been met to ensure the flow of communications in a team situation which is more complex by a factor of 2. B Make sure that all entry criteria of the previous phase have been met by planning and performing a phase gate meeting to assess technical aptness. C Make sure that all exit criteria of the previous phase have been met by planning and performing a phase gate meeting to assess technical performance. D Restructure your team and delegate tasks in order to ensure the effective flow of communications in a combined team that requires increased coordination efforts.
D
90. A project management team has identified, analyzed, prioritized risks and developed risk responses. What should the team members take care of next? A Action should be taken to actually respond to the risks after their occurrence. B Action should be taken to respond to individual risks only. Overall risk can be escalated. C Documentation should be avoided to not wake up "sleeping dogs". D Action should be taken to actually respond to the risks in a proactive fashion.
D
95. A project management team has decided to use an assumptions log for lower-level tasks and activities in a project to refurbish and modernize an old business building that should be rented out for upmarket customers. The actual project work will mostly be done by contractors, and the task of the project team will be mainly contract development and management and the coordination of the contractors regarding technical and schedule matters. In addition to assumptions, what other content may the team capture in the assumptions log? A Project contractors B Summary risks C Technical risks D Constraints
D
96. A project manager and the project management team have identified a number of stakeholders for a project to develop and implement a new software solution that would come with far-reaching changes inside the organization. They listed them up in a stakeholder register. What is an appropriate next step? A Develop ground rules for meetings. B Monitor the engagement of stakeholders. C Actively engage stakeholders. D Plan how to engage stakeholders.
D
97. A project manager is discussing with the project management office the implementation of risk audits in the project. What should be the purpose of a risk audit? A A risk audit gives the opportunity to verify the completeness of the risk register and risk report. B A risk audit gives the opportunity to validate the existence of a risk management plan. C A risk audit gives the opportunity to consider the effectiveness of the risk management response strategy. D A risk audit gives the opportunity to consider the effectiveness of the entire risk management process.
D
11. Which of the following are inputs to the Manage Stakeholder Engagement process? a. Issue log and performance reports b. Change log and Enterprise environmental factors c. Change log and Risk register d. Stakeholder management plan and Change log
D The inputs to the manage stakeholder engagement process include the stakeholder management plan, communications management plan, change log and organizational process assets. Hence, the stakeholder management plan and the change log are correct answers.
7. Which of the following are inputs to the Develop Project Management Plan process? a. Project charter b. Enterprise environmental factors c. Expert Judgment d. Both a and b
D The project charter is an input to the Develop Project Management Plan process as are the enterprise environmental factors. While expert judgment is utilized during this process, it is considered a tool and technique rather than an input.
18. John has just finished the requirements documentation including the deliverable acceptance criteria to determine the success of the project in terms of the deliverables produced. A series of tasks are included in the criteria. Both John and the customer must perform this series of tasks in order to complete the acceptance and sign-off the final deliverables. Which of the following project processes would use these criteria to provide formal acceptance of the deliverables? a. Control scope b. Close project c. Control quality d. Validated scope
D Validated deliverables are compared against the requirements and acceptance criteria in order to formally sign-off the completed deliverables. Since the requirements documentation is an input to the validated scope process, the deliverable acceptance criteria created in the planning phase is used in the validated scope process of the monitoring and controlling phase. Hence, the validate scope process is the correct response.
Question - 115 Midway through the project as a Manager you are performing Earned Value Methodology to report performance. Based on your calculations you realize that the initial plan is no longer valid.However you still need to provide an EAC - what is the best course of action ? A. Calculate EAC as EAC = BAC / CPI B. Calculate EAC as EAC = AC + BAC - EV C. Calculate EAC as EAC = AC + (BAC - EV/(CPI * SPI ) D. Calculate EAC as EAC = AC + Bottom up Estimate
D is the correct answer. The correct answer is D - Option A is to be used if past CPI is expected to continue.Option B is to be used if future work is going to be performed at the planned rate.Option C is to be used if both CPI and SPI influence remaining work. Option D is to be used when the initial plan is no longer valid - which is the case here.
Question - 38 You are managing a project that your company won after making a bid. The clients havenegotiated long and hard and have driven a hard bargain. The project is scheduled to span over eight months and you are in your fifth month of execution. You are extremely worried since you have about four more months of work remaining and the project is at the 'Point of total assumption' - what does this mean ? A. As a seller you are running behind schedule B. As a seller you are ahead of schedule C. The project is going to have a cost overrun which will need to be negotiated with the client D. As a seller all subsequent costs will have to be borne by the seller
D is the correct answer. The point of total assumption is the point at which the seller has consumed all the fees and will now bear the costs. This means that the project is a firm fixed price contract and seller has consumed all the contract fees and is forced to shall out money which is a loss. Since point of total assumption is applicable to firm fixed price contract - option C is not an option where seller can negotiate with the buyer for additional cash flow. The correct answer is option D
Question - 84 You have scheduled regular weekly team meetings with project team members.Things have been going to plan and there have been no variances till date with respect to the work performance baselines.A site engineer reports that he had to perform a couple of corrective actions - however they were not logged - as a Project Manager what should you do? A. Reprimand the team member for not documenting the corrective action B. Reprimand the team member and ensure the corrective action is reverted C. Do nothing - this is bound to happen on a project D. Document the corrective actions performed in the historical records
D is the correct answer. All changes - including corrective actions , preventinve actions and defect repair must undergo change control prior to the change being made.It is also necessary to document the corrective and preventive actions taken in historical data as this can serve as a good input for subsequent projects.Reprimanding the team member now is of no use and allowing uncontrolled changes to happen is a recipe for disaster in project management ! Option D is the right answer.
Question - 72 You know that the success of your project will be determined by how well you manage risks.You know that identifying risks upfront can help you be better prepared with risk response strategies.So you decide to identify risks by taking help of experts.You have identified some good experts and rather than calling them into your office - you send them questionnaires.You promise them complete anonymity so that they give unhindered responses.What information gathering technique are you adopting? A. Brainstorming B. Root Cause Identification C. SWOT analysis D. Delphi Technique
D is the correct answer. All four options listed above are information gathering techniques - but the correct answer is Delphi Technique.This is a form of information gathering technique where inputs from experts is solicited anonymously without gathering them together.
Question - 135 Which of the following could not be provided with Activity Attributes A. Provide details regarding predecessor and successor activities. B. Provide details regarding Leads and Lags C. Provide details regarding who and where the activity will be performed D. Provide details regarding root causes of issues
D is the correct answer. All the options are correct - except option D Activity attributes do not provide details of root causes of issues.
Question - 194 Which of the following statements below is NOT true regarding differences between administrative closure and contract closure? A. Contract closure is performed before administrative closure B. Administrative closure is not complete without Contract closure C. Administrative closure is done only once per phase or once for the project - while Procurement closure can be done as many times as needed depending on the number of contracts D. Lessons learned is performed only during administrative closure
D is the correct answer. All the options except Option D correctly state the differences between administrative and contract closure.Infact option D is not true since in both forms of closure lessons learned are documented and updated to the OPA.
Question - 149 All of the following are false regarding the project scope statement: A. Describes the projects deliverables and the work required to create these deliverables. B. Project scope statement is expanded from the Preliminary Project Scope Statement. C. It defines what is in scope and what is not in scope. D. It defines the Project's product acceptance criteria.
D is the correct answer. All the options except option D are true regarding the project scope statement.The acceptance criteria are not defined in the Project Scope Statement.Rather they are taken care of in the Scope verification process.
Question - 35 Which of the following statements are not true regarding Scope Verification ? A. Consists of conducting inspections , reviews and audits. B. Used to determine if results conform to requirements C. Used to get formal sign off from clients D. Used to determine schedule variance
D is the correct answer. All the options except schedule variance are true regarding scope verification.Note that this process can also be done at the end of each project phase in the project lifecycle.So the correct answer to the question is option D since scope verification has nothing to do with schedule variance
Question - 189 As a project manager you understand the importance of identifying all relevant stakeholders , their interest and influence and their needs and expectations.You have been assigned to handle a large construction project.You decide to do a thorough stakeholder analysis and you identify Bob and Kelly.Based on your interactions and analysis - you know that Bob wields a lot of authority and also has a huge interest in the project.Kelly too wields a lot of power but is largely uninterested . You decide to plot them in a Power / Interest grid to help determine how you would manage these stakeholders. Which of the following is the best approach to handle these two stakeholders ? A. Both Bob and Kelly should be Managed closely. B. Both Bob and Kelly should be Kept satisfied. C. Kelly should be monitored while Bob should be Kept satisfied. D. Kelly should be kept satisfied while Bob should be Managed closely.
D is the correct answer. Both Bob and Kelly have power and authority .However the differentiator seems to be their level of interest.While Kelly is disinterested Bob has a high level of interest in the project.Stakeholders who have a high level of interest and who wield a lot of authority or power should be Managed closely - in this case Bob. Stakeholders who have a low level of interest but who wield a lot of authority or power should be Kept satisfied - in this case Kelly.The correct answer being - Option D
Question - 30 As a project manager - you are expected to calculate the cost of Poor Quality - the project work is in progress - what costs would you consider? A. Cost of Hiring. B. Prevention costs. C. Appraisal costs. D. External and Internal Failure costs.
D is the correct answer. Cost of Hiring has nothing to do with cost of Poor Quality - so it is not the correct answer. Cost of Poor Quality is just another term for Failure Costs. Failure Cost is generally categorized into External and Internal Failure costs - so option D is correct. Prevention and Appraisal costs are actually costs of conformance - which is the cost incurred to avoid failures - so these are not considered as cost of Poor Quality.
Question - 50 Project Team has created sub plans for each activity in project plan. These plans are called : A. resource plans B. activity plans C. sub plans D. management plans
D is the correct answer. D is the correct answer. These plans are called management plans.
Question - 117 You have received a number of seller responses for contracting work related to setting up office cubicles.One of the bids received happens to be from a very good friend of yours. You know she has done good work in the past.What should be the BEST course of action ? A. Do nothing and let the seller selection proceed B. Ensure that your friend gets the contract as she has done good work in the past C. Inform your company regarding the conflict of interest and disqualify your friend D. Inform your company regarding the conflict of interest and let selection of seller happen with no prejudice
D is the correct answer. Explanation.
Question - 20 You head the engineering department in your company. Lately you have observed that certain deliveries are missing the schedule. On closer scrutiny you observe this to be occurring with a specific team member. You decide to discuss it out with the team member. Initially the team member is reluctant to discuss but finally opens up and indicates that the cause of the delays is often different instructions coming in from you as well as the project manager. She indicates that at such times she is confused related to whose instructions to follow - thereby causing delays - what kind of an Organizational structure is this most likely to be ? A. Functional B. Projectized C. Weak Matrix D. Balanced Matrix
D is the correct answer. Here the team member is being expected to follow instructions from both the Project Manager and the Functional Manager. This is never the case in a Functional or Projectized organization where the lines of authority are clearly defined. A weak matrix organization is more like a Functional Organization where the project manager has almost no authority. The scenario explained above is typical of a balanced matrix organization where power resides equally distributed between the functional and project manager. Here the correct answer is Option D - Balanced Matrix
Question - 53 You are a project manager managing a project that has not been making good progress. Certain issues like a flash flood have significantly delayed the laying out of the plinth for the shopping complex. There have been a lot of escalations from key stakeholders and executive management is pressing for getting the project on track. IN a review meeting -your lead architect sensing the urgency - suggests a change that could significantly decrease the schedule. She is very confident that the suggested change will work to get things on track. As a project manager what is the best course of action ? A. The project is lagging - so implement the change request as it would reduce the schedule B. Reject the idea of making the change as this will need an approval from change control C. Create a change request and submit to change control board D. Identify the impact of the change to the scope and cost and then include this information in the change request
D is the correct answer. No changes should be made without a formal approval - so option A is clearly wrong.Rejecting ideas without doing a thorough analysis of the impact is also not the correct approach.Now the option of creating a change request and submitting for approval sounds like the right option - however the better approach is to always do an analysis of the impact to scope , time and cost and then submit the change request. So while option C is correct the better option is D
Question - 79 You have recently joined an organizations project management office.After reviewing the organizational assets you realize that project managers have not routinely documented lessons learned for their projects.There are a few projects that are about to start - You decide to call up a meeting of all the project managers and explain the need of Lessons Learned.In order to get a buy in from your managers - What would you focus on as the best use of this document A. It helps the team to plan tasks B. It helps in performance reporting C. It will help the manager to better control the project D. The historical information can be used for other projects
D is the correct answer. Note that the question states that new projects are about to start - and past lessons learned of projects could have served as good inputs for the other projects.Not having lessons learned handicaps the managers.So here the correct answer is D
Question - 196 You are part of a Quality Assurance team and have scheduled a Quality Audit for one of the projects - what would not be a goal or objective of performing this audit ? A. To determine if the project activities comply to the organizations policies , processes and procedures B. Identify all the good and best practices being implemented C. Identify all gaps , non conformity and shortcomings D. Identify the root cause of the Quality issues
D is the correct answer. Option A , B and C are the objectives or goals of this exercise.The purpose of the audit is to identify what is working well , what is missing but never to find root cause of issues - which is done in Process analysis.Since the question is asking what is not a goal or objective of performing a Quality Audit - option D is the correct answer.
Question - 198 You have just completed developing the Schedule Network Diagram for a project that deals with building super sonic state of the art Jet planes.You have identified your critical path which includes building a wind tunnel.You see that in addition there is another path which deals with building the tail of the plane - whose duration is close to the critical path.You also notice considerable floats on the other paths.You now need to assign resources to the tasks - you have a few team members who are highly skilled and a team of resources who are relatively inexperienced.What would be the best course of action while assigning resources ? A. It is irrelevant which resources are assigned to tasks - resource skills and critical paths have nothing in common B. Assign all the skilled resources to building the wind tunnel which is the critical path - assign the non skilled task to building the tail. C. Assign the inexperienced staff to the task of building the wind tunnel - and assign the skilled task to all other tasks. D. Assign one half of the skilled resources to the task of building the wind tunnel and the other half to building the tail and assign the less experienced staff to all the other tasks.
D is the correct answer. Option D is the best option.Option A and C are just plain wrong - you should always ensure actvities on the critical path do not get delayed - so having the best equipped staff on critical path activities is important.While Option B is an option - it cannot be the BEST choice since if we assign all the experienced staff on building the wind tunnel - the critical path activities are taken care of - but the question also states of a path which is near Critical - building of the tail.Not paying attention to this path by assignining inexperienced staff is not a good option.Amongst the choices option D is the best fit - where you are paying attention to both the critical path and near critical path by assigning your best and most skilled or experienced resources to the activities on the Critical path and Near Critical Path.
Question - 197 As per Maslows theory of Hierarchy of needs - which is the correct order of needs? A. Psychological,Physiological , Safety , Love / belonging , Esteem B. Safety , Love / belonging , Esteem,Self-actualization,Physiological C. Self-actualization , Love / belonging , Esteem,Safety,Physiological D. None of the above
D is the correct answer. Option D is the correct answer As per Maslows theory of Hierarchial needs - the first need of humans is a basic need for survival ( air , water food etc ) - this need is termed as Physiological. Once this need is met - the next need is the need of Safety and Security - this can be in the form of a Secure Job , Health , Insurance etc. The next need is termed as need of Love or Belonging. As per Maslows theory - humans need to belong and find acceptance among their social groups.The fourth need is termed as the need of Esteem - to be respected and valued by others.Once the above four needs are met - then the final need - Self Actualization - which is the desire to accomplish. So the correct order of needs as per this theory is : Physiological,Safety,Love/Belonging,Esteem,Self-actualization.
Question - 128 According to Theory Y style of management - which of the following are correct assumptions ? A. Employees are inherently lazy and not motivated. B. Employees need to be closely supervised and comprehensive systems of controls developed. C. Employees are only interested in self benefits and money. D. Employees are trustworthy and are motivated by doing a good job.
D is the correct answer. Option D is the correct choice. Theory Y believes positively about employees and only option D reflects a positive attitude and belief. Option A,B and C are not the correct answer as they are the opposite of belief in employees - they indicates lack of trust in an employee which is not a correct assumption in the Theory Y style of management.
Question - 77 What is the role of the Project Manager in Procurement ? A. Ensure contract contains all the project management requirements such as status reporting , meeting attendance and communication needs B. Ensure contract is satisfying the needs of the project C. Control changes to the contract D. All of the above
D is the correct answer. Option D is the right answer - the project manager must ensure all of the above in Procurement.Many a times the project manager works with the contract manager.Here an important point is that the Project Manager must be assigned before the contract is signed
Question - 180 As a project manager of a large product - you and your team have shipped the deliverables to your customer.However the customer has reported a number of serious issues in the quality of deliverables - as a result of which the cost of quality of your project is deemed high. In the above scenario which type of cost would have caused the cost of quality to increase ? A. Less Rework. B. Higher productivity. C. Lower costs. D. Increased stakeholder satisfaction.
D is the correct answer. Options A , B and C are benefits of meeting Quality Requirements.The question states what has contributed to increased cost of Quality.As the stakeholder is not satisfied with the deliverables - there is rework involved , there is an impact on productivity and increases cost.It also decreases stakeholder satisfaction - so amongst the choices option D is the correct option.
Question - 58 You and your team are in the process of creating WBS and WBS Dictionary.What would be the BEST choice of attributes in a WBS Dictionary ? A. Work Package ID and Work Package Description B. Work Package ID,Control Account ID and Work Package Description C. Work Package Description D. Work Package ID,Control Account ID,Work Package Description,Acceptance Criteria,Responsible Organization,Cost,Assumptions
D is the correct answer. Options C,A,B each provide greater details of what a WBS Dictionary should contain - so they all seem like the right choices.However the question asks about the BEST choice of attributes in a WBS Dictionary - which is provided in Option D.Note that the WBS and WBS Dictionary are co-related by WBS Name and Work Package ID
Question - 12 You are in charge of a project that deals with laying out a lavish 18 hole golf course. The project work is in progress. You also have a number of contractors working on the project. Being an experienced manager you know that communication is key to success of the project. You have identified 10 stakeholders with whom you need to communicate. due to some internal and external organizational changes at the client end three new stakeholders have been added with whom you need to communicate with.You also had to reduce one of the contractors with whom you were communicating.How many communication channels do you have now? A. 45 B. 78 C. 91 D. 66
D is the correct answer. Originally you had 10 stakeholders to communciate with - so number of communication channels were 10 * (10-1) /2 = 45.However the question states that 3 new stakeholders got added while 1 stakeholder got reduced.So total number of stakeholders = 10 + 3 -1 = 12 So the total number of communication channels are (12 * ( 12-1 )) /2 = 66 So the correct answer is option D
Question - 134 An estimate is required for a new project of an R and D nature - and it has been decided to create the estimates using WBS - with an emphasis on accuracy of the estimates.Your project manager also indicates sufficient time is being made available to provide the estimates - what would be the best estimation approach in this case ? A. Parametric Estimation approach B. Analogous Estimation approach C. Top Down Approach D. Bottom Up Approach
D is the correct answer. Parametric and Analogous are clearly not the right choices.Being a new project - we do not have any historical data to rely on - so Analogous estimation is not an option.We also dont have any data of costs per unit - so Parametric estimation is also not an option.Now between Top down and Bottom up - both of these approaches use the WBS to come up with the estimates.With Top down we start with the high level and then drill down into the lower levels. Bottom-up estimates are more accurate as compared to Top down.Bottom up is also a more expensive and time-consuming type of estimate - however the question clearly indicates that time is not a concern - so the correct answer is Bottom up approach. Top down approach is used only if we have enough historical information on the project which is not true.
Question - 192 Your company has just bagged a project for electric cable layout and routing for a large shopping complex - and you have been tasked with providing the cost estimates.You choose to rely on your past experience of similar such projects.You breakdown the costs of the cables per foot and unit cost of cable trays.What type of cost estimating technique are you relying on? A. Analogous cost estimate B. Top down cost estimate C. Bottom up cost estimate D. Parametric estimates
D is the correct answer. Parametric estimates is the correct choice - this is so because we have derived the cost per unit - cost of cables per feet etc.Based on the unit cost parametric estimates are used to determine an estimate of the total cost.
Question - 6 The Project Quality Management process must __________. A. Address the quality of the management and product B. Improve the project management and the quality of the product C. Ensure that the project satisfies customer requirements D. All of the above
D is the correct answer. Project Quality Management : Addresses both the management of the project and of the product of the project, Improves project management as well as the quality of the product, Delivery of both high quality and high grade of product, Quality is planned in, not inspected in, EnsureS that the project will satisfy customer requirements.
Question - 181 Project Quality Management includes: A. Customer satisfaction B. Prevention over inspection C. Continuous improvement D. All of the above
D is the correct answer. Project Quality Management includes: Customer satisfaction, Prevention over inspection, Continuous improvement and Management responsibility.
Question - 27 Your team has delivered phase one to the client. Based on client feedback and issues found by client - you decide to do some introspection to identify root causes so that the subsequent deliverables do not face the same issues.What techniques would you choose to apply ? A. Perform Quality Audits B. Review Activity Network Diagrams C. Lookup Process decision program charts D. Process Analysis
D is the correct answer. Quality Audits are meant to ascertain if the project activities confirm to the policies and procedures - so it is not the correct answer.Activity Network diagrams are used for scheduling while Process decision program charts are used to aniticipate intermediate steps . The correct answer is Process Analysis - which is used to identify a problem , identify the cause of the problem and develop preventive actions.
Question - 138 Which of the following is NOT part of a quality plan? A. Benchmarking B. Cost of Quality C. Design of experiments D. Quality audits
D is the correct answer. Quality audits are part of a Manage Quality process.
Question - 56 You know that the success of your project will be determined by how well you manage risks.You know that identifying risks upfront can help you be better prepared with risk response strategies.You discuss and consult with other project managers in the company.One manager suggests usage of SWOT to identify risks.What would you do next as a part of this technique ? A. Gather team members and experts together and discuss to identify risks B. Gather anonymous responses from experts and identify risks C. Perform root cause analysis to identify problems , their cause and potential response D. Identify the Organizations strengths and weaknesses
D is the correct answer. SWOT involves identification of the strengths and weaknesses of the organization.This technique then identifies the threats due to organization weakness as well as opportunities due to the organizations strengths.So option D is the correct answer.The other three options are also risk identification techniques but the question is specific to SWOT
Question - 182 A relatively new project manager joins your company.You have assigned her to handle a project that deals with laying out of electrical cables.One day she informs you that some government body has been sending her a lot of queries related to the project and its layout.It seems that the government body was not considered as a stakeholder by her.You decide to review the list of identified Stakeholders - so you ask her to provide you with the comprehensive list - where should this information be found ? A. Project Management Plan B. Stakeholder Management Plan C. Stakeholder Engagement Matrix D. Stakeholder Register
D is the correct answer. Stakeholder information contains information such as details of stakeholders - name , location etc , their expectations , interest , influence. Whether they are internal or external , are they supportive or in resistance or neutral.So the best source of information regarding stakeholders is the Stakeholder Register which is option D
Question - 46 You are in charge of building a shopping portal.You are fairly confident as you have a team experienced in doing such work.As per the agreement at the end of the first month you organize a demonstration of the software.You invite the sponsor and key stakeholders.Later the sponsor informs you that she is not very happy with the progress indicating that one of the clients who would be using this software is not satisfied as her needs are not being met.To satisfy this client's needs would mean some radical changes with an impact to both cost and schedule.What could be the root cause of this issue? A. Deliverables were not as per requirement B. The stakeholder is making unrealistic demands C. The scope statement was ambiguous leading to this D. All the stakeholders were not identified
D is the correct answer. The correct answer in this case is improper stakeholder analysis - Option D.While options A , B and C could be true the question gives no indication of these being the case.The question does mention about an important client whose expectations were not met.Stakeholder analysis deals with identifying all the stakeholders , their needs and expectations and their influence.In this case as the client's needs are not being met - it means that stakeholder analysis and identification was not done correctly.
Question - 132 To Complete Performance Index is used to determine ? A. When the project would be complete B. To determine the feasibility of the project C. To identify the risks in the project D. The cost performance required to meet certain objectives
D is the correct answer. The correct answer is - D . TCPI is a measure of the ratio of the work remaining to the funds remaining.
Question - 31 You are in charge of building a bridge across a river. All the initial groundwork and structural designs have been completed and work is in progress. You know that the next two months will be particularly critical involving some critical activities such as Arc welding of stiffener plates. You know your company employs welders who specialize in this kind of work. However you are apprehensive regarding their availability for the next two months. What should you refer to first to find if these welders are available for the next two months? A. Milestone List B. Pareto Chart C. Histograms D. Resource Calendars
D is the correct answer. The correct answer is - Resource Calendars. Resource Calendars provide information regarding availability of resources and also the duration of their availability so referring to this document would be the first course of action.
Question - 165 You have a team of project managers reporting to you.Recently a new manager relatively inexperienced has joined your team. Considering his level of experience you assign him to a small project.Considering low complexity and few stakeholders involved - you envision the project to have no surprises or hiccups.You have identified the number of communication channels to be only 6.However with increase in scope of work 2 additional stakeholders who need to be communciated with join the team.You ask the manager to identify the number of communication channels now.The correct answer is : A. 6 B. 10 C. 8 D. 15
D is the correct answer. The correct answer is 15.Note that the question provides the initial number of communication channels as 6.This means the number of stakeholders are 4.With the addition of two more stakeholders - the number of stakeholders would increase to 6.So the number of communication channels would be 15.
Question - 52 You have been asked to provide Cost estimates for a project which would be responsible for the complete electrical installation in warehouses. As a project manager - you have had past experience in similar projects in your previous organization.The organization you have joined - also has recently done a similar project - and there is an urgency in providing the estimate as mandated by executive management - so what estimation technique would you adopt ? A. Ask your prior organization for the estimates B. Use Parametric Estimating technique C. Use Bottom Up Estimating D. Analogous Estimates
D is the correct answer. The correct answer is Analogous estimates - since it relies on previous similar project as the basis of estimation - which is available - so it relies on historical information.This technique is used when there is limited amount of detailed information like during early phases of the project , it is less costly and less time consuming - and as time is a constraint stated in the question - this is the best choice.
Question - 57 You have been assigned to a project that deals with developing a software product for the BFSI domain.You and your team are building the schedule network diagram.While sequencing activities one of the team members - who is an Architect indicates that rather than interacting with the database on every activity - we should introduce an activity which would cache the data.He argues that this will improve performance and hence this activity should be introduced in the sequence prior to the other activities that deal with database interaction. What kind of a dependency is this ? A. This is an example of Mandatory Dependency B. This is an example of External Dependency C. This is an example of Discretionary Dependency or Soft Logic D. This is an example of Hard Logic
D is the correct answer. The correct answer is C.Discretionary Dependency is also known as Soft Logic or Preferred Logic or Preferential Logic.Note that this is not a mandatory dependency - as it is not a 'Must Have' but more a 'Should have'.Discretionary dependency decisions are usually based upon best practices, business knowledge.In this case a Software architect can be assumed to be an expert in his field.
Question - 170 A project is overbudget when A. CPI > 1 B. SPI > 1 C. CPI and SPI > 1 D. CPI less than 1
D is the correct answer. The correct answer is D - CPI = EV / AC - so if the EV is less than AC then CPI less than 1 which means the project is over budget.
Question - 65 Your company has won a project to build a school playground with specific toys and a sandpit.The school has mandated that the project be completed prior to start of the school after Holidays .You review the plan and see that the estimated completion date is nearly a month after the desired completion date.As resources are sparse you do not have the option to add additional resources.However you see that the sand pit work can start in parallel to the play kits being installed.Your analysis tells you that by performing these activities in parallel - the project would meet its schedule.This is an example of : A. Scope Creep B. Resource Levelling C. Crashing D. Fast Tracking
D is the correct answer. The correct answer is D - Crashing deals with adding additional resources which is not an option here.Crashing is a schedule compression technique by performing activities in parallel if they can be overlapped.NOTE Fast Tracking may result in increased risk and rework.
Question - 67 You have asked your team members to provide estimates of tasks.Based on the estimate provided you see a specific team member seems to have provided estimates on the higher side. You decide to discuss with the concerned team member.She replies that as she did not have an idea of how long it would take she had guessed the estimate and then to be on the safer side simply doubled it ! What is this known as ? A. This is a Lead B. This is a Lag C. This is Free Float D. This is a Pad
D is the correct answer. The correct answer is D - Pad is adding time as a buffer to project estimate.As the team member was uncertain of what it would take and as stated to be on the safer side she simply doubled the estimate.Padding is a sign of poor Project Management.
Question - 173 Choose all that are true regarding Management Reserves and Contingency Reserves A. Management reserves are part of Cost Baseline but Contingency reserves are not B. Contingency Reserves are for unknown unknowns C. Management Reserves are for known unknowns D. None of the above
D is the correct answer. The correct answer is D - none of the above.Contingency Reserves are part of cost baseline while Manageent reserves are not - so Option A is clearly incorrect. Contingency Reserves are meant to take care of risk mitigating cost for identified risks - they are the costs of known unknowns while Management reserve is for unknown unknowns - things like unforeseen work which is part of the scope. Options B and C state exactly the opposite - so they are not the correct answers - which leaves us with D - None of the above.
Question - 76 You are managing a project responsible for doing plantation on a large reserve land.You have created the schedule network diagram and have identified two paths. Path 1 consists of two activities of a duration of 2 and 5 weeks respectively.Path 2 consists of 3 activities with durations of 1 , 3 and 3 weeks respectively.Which of the two paths is the Critical Path ? A. Path 1 B. Path 2 C. Neither D. Both Paths 1 and 2 are Critical Paths
D is the correct answer. The correct answer is D - since the duration of both the paths is 7 weeks.Remember that the path with the longest duration is the critical path and you can have more than 1 Critical Path!
Question - 154 You are managing a project related to building a skyscraper.However as per regulations no work can be started till the government body has approved and provided necessary clearance.This is an example of what kind of dependency ? A. Mandatory Dependency B. Hard Logic C. Discretionary Dependency D. External Dependency
D is the correct answer. The correct answer is D - this is an externally imposed or mandated dependency. Options A and B are both the same and are not the correct choices.
Question - 143 Which of the following statements are not true regarding WBS ? A. Provides a graphical picture of the hierarchy of the project. B. Identifies all of the work that needs to be performed. C. Can help facilitate in estimating costs and schedule. D. Helps identify depenencies
D is the correct answer. The correct answer is D as WBS does not help identify dependencies.
Question - 169 You are in the process of determining how long it would take to complete your project. What would be the best tool to use in this case ? A. Go through the WBS B. Go through the Activity List C. Perform a Root Cause Analysis D. Use a Network Diagram
D is the correct answer. The correct answer is Option D - A Network Diagram is the best choice to identify the Activity Duration.
Question - 183 A project is in execution.A team member approaches the project manager and indicates that she is not sure of what work she needs to perform.Which document would be the best source of this information ? A. Project Scope Management Plan B. Project Scope Statement C. Project Management Plan D. Work Breakdown Structure Dictionary
D is the correct answer. The correct answer is Option D - WBS Dictionary which provides details of the work to be done in detail.
Question - 66 You are in charge of a project to build a bridge across a river.You are midway through the project.However due to changes in environmental laws the project can no longer proceed and would need to be terminated.Executive management has asked you to document the level of work completed for the project.This would be done in which of the processes ? A. Project Closure B. Contract closure C. Project charter D. Scope Verification
D is the correct answer. The correct answer is option D.Not only is Scope verification performed while the project is executing - it is also performed when a project is terminated.It is used to determine the level of completion.
Question - 16 You are in the process of defining activities and have broken down the WBS into individual activities. You now decide to uniquely tag each activity with a unique code. So here what you have done is defined an ___ for each Activity A. Schedule Network Diagram B. Activity List C. Milestone List D. Activity Identifier
D is the correct answer. The correct option is D - Activity Identifier. The question states that we have decided to uniquely tag each identified activity - which is nothing but Activity Identifier. This is done during creation of the Activity List.
Question - 122 You are the sponsor of a project which has just kicked off.This is an ambitious project to build a top of the line 18 hole golf course.Which of the following BEST describes your role as a sponsor ? A. Managing changes to the project B. Create the Work Performance Baselines C. Publish Work Performance Reports D. Publish the approved Project charter
D is the correct answer. The main objective of the sponsor is to create and publish a formally approved project charter.While the sponsor can help assist in preventing and managing changes to the project - this is the project manager's job.Creating baselines and publishing work performance reports is also the job of the project manager - so option D is the correct answer.
Question - 75 You are managing a project constructing a bridge over a river.All of the risks have been identified and the design phase is just completed.The team is in its second week of actual construction.One of the subject matter experts reports that there is a possibility of the monsoons to be heavier this year.She points out that the load bearing plates earlier designed may have to be redesigned considering the additional water pressure expected because of additional rain water.What would be your best immediate course of action? A. Schedule an emergency meeting with all stakeholders to discuss this risk B. Risk mitigation by immediately redesigning the load bearing plates C. Write up a change and submit to the Change Control Board for approval D. Update the Risk register to add this risk along with its probability and impact
D is the correct answer. The question is asking about the best immediate course of action.The first course of action should be to add this risk in the Risk register.and also adding the possible impact and risk probability.No other action should be performed prior to this.So - scheduling an emergency meeting while might sound as the first thing to do is not correct and neither making any change to the design.Writing up a change will only come after the risk is documented , its probability and impact accessed and then based on this information can you choose to write up a change request.So the first course of action should be to Update the Risk register.
Question - 140 Your team has just bagged a software development project.The executive management is very pleased as this is a very prestigious project.However you are a little worried considering the complex nature of the project.You decide to try and identify the possible risks.You get all relevant stakeholders together and conduct mammoth discussions.Together you have come up with a number of risks.However based on your experience - you still feel that not all the risks have been identified.You decide to set aside some budget for the risks that you have not identified but are sure you will encounter.Where does this budget come from? A. Cost Management Plan B. Cost Baseline C. Contingency Reserves D. Management Reserve
D is the correct answer. The type of risk here is an unknown risk.For known risks risk responses can be proactively planned for.For the known risks where we cannot plan proactively - we set aside a reserve called Contingency Reserves.For unknwon risks we set aside a Management Reserve.Cost management Plan deals with how you will manage costs on your project and Cost baseline is the baselined cost expected to be expended on the project.
Question - 109 With a lot of expertize in project management - many of your companies co managers consult you for advise and inputs.One of your colleagues who is relatively inexperienced in managing projects wants to compare the project work and measure the deviations - which document should he refer to ? Choose the option that BEST answers the question ? A. He should refer to the Project Management Plan B. He should refer to the Scope Management Plan C. He should refer to the Schedule Management Plan D. He should refer to the Performance Measurement Baseline
D is the correct answer. There are multiple options that seem correct - however they are partially correct.The scope baseline and schedule baseline are not the only baselines against which project performance is measured so options B and C are definitely not the best options.The project management plan contains details of all the baselines - but a more specific plan to refer to is the Performance Measurement Baseline.It contains details of the scope , schedule and cost baseline and it could also contain quality and technical parameters.While the project management plan includes he baselines - it is actually the Performance Measurement Baseline which is used for comparing performances and the Performance Measurement Baseline is a part of the Project Management Plan.So the BEST answer is option D
Question - 39 You are managing a project which involves building software for the aeronautical domain. The nature of the work is complex and needs a lot of research. During Quality assurance both the development team and testing team suggest that the quality assurance process be changed to also include White Box testing and not only rely on Black box testing. The team wants to make this shift in approach as they believe this would lead to better quality of deliverables - what is the best course of action ? A. As the changes will help improve quality - execute white box texting B. Create a change request C. Refuse to adopt this change as this would mean a change in agreed process D. Analyze the impact of the change to scope , schedule and cost and then write up a Change Request
D is the correct answer. This is a question meant to test your understanding of change management. Any change however small or big should always be first analyzed for its impact to the constraints - scope, cost and schedule and then should be submitted to change control for approval. Changes without formal approval should not be implemented.
Question - 49 Your company has won a large project for one of the fund houses to administer their funds. The project work has been going on smoothly and the customer has been singing praises about the work done so far. The client has planned a visit the next month to go over the plans for the next phase of the project as well as to meet with the project team. Your senior management realizes that this client could potentially need additional capabilities in the derivatives segment. Your company happens to have a strong exposure to this segment having executed numerous such projects. Your senior manager also invites key managers from the derivatives segment to showcase the organizations abilities in the derivates vertical - this is an example of ? A. Mitigating the risk B. Avoiding the risk C. Transferring the risk D. Exploiting the risk
D is the correct answer. This is an example of exploiting the risk. As the question states the client is happy with the work progress and also there might be an opportunity that the client might be interested in the derivatives segment. So this is an opportunity that could lead to more business. By inviting key managers from the other segment - you are enhancing the possibility of generating additional revenue - so this is an example of exploiting the risk. Note that this is a positive risk.
Question - 62 Which of the following statements is not true regarding a Contract ? A. Legally binding in nature B. Obligates buyer to provide compensation and obligates seller to provide some product or service in return C. By careful administration of terms and conditions the buyer can transfer some of the risks to the seller D. Contracts undergo an approval process as any other plan
D is the correct answer. This question tests your knowledge about contracts and procurement. At the onset all the answers seem to be correct with respect to the contract. A contract is legally binding in nature , its an agreement of seller providing some service or product and buyer compensating the seller. Some of the risks can indeed be transferred to the seller through terms and conditions. Because of the legal nature of a contract - generally contracts are subject to a more intensive approval process - much more intense than our other plans - hence in the context of the question - option D is the right answer
Question - 191 You have worked in the current organization and from managing projects you have now graduated to portfolio management and have a number of project managers reporting into you.Your company has bagged a prestigious project of a very similar nature to the one you had executed some years back.You ask the current project manager to look up the lessons learned for the past project - where would these be stored ? A. Projects performance reports B. Projects status reports C. Projects record management system D. Organizational process assets
D is the correct answer. While all the options seem to be good choices - the best choice in this case would be Organizational Process Assets.Lessons learned are always a part of the Organizations process assets.It is such assets that enable an organization take informed decisions.
Question - 28 Over lunch you meet a colleague who is managing a large turnover project for setting up a chemical plant. Your colleague is worried because the client is being unreasonable and asking for changes that will have a severe impact to the scope schedule and also cost. The client is also not ready to absorb the additional impact to schedule and cost. She seeks your advise - what should she do ? A. Refuse to budge and not make any changes B. Request her executive management to initiate legal action against the client C. Ultimately the customer is always right - so go ahead and make the changes and absorb the impact to cost , schedule and scope D. Set up a meeting with the client to better understand the need of the changes being asked for
D is the correct answer. Why is the client being unreasonable ? why does the client want to make these changes ? Obviously your colleague is in a tough situation and not in a nice place to be. However tough the problem - a project manager must not act impulsively by seeking legal action or refuse or immediately start making the changes. Whenever faced with a problem a project manager should first try and find the root cause and not react. So in this case the best advise would be for your colleague to set up a discussion with the client and try and understand the needs of the client for asking for the change is causing
Question - 74 The key benefits of ____________ process is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and environment changes. A. Plan Stakeholder Engagement B. Identify Stakeholders C. Manage Stakeholder Engagement D. Monitor Stakeholder Engagement
D is the correct answer. The key benefits of Monitor Stakeholder Engagement process is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and environment changes.
Question - 1 Joel is managing a project.The project is about three fourths done when the site engineer reports that due to inherent complexities in a certain task the deliverables would get delayed.This would involve additional analysis and then implementation.He requests that this new work that was not envisioned earlier be added to the scope and also the time required be added to the schedule.You and the site engineer have analyzed the impact of this change to cost, and have written up a change request and requested approval from change control board.Just today you have received approval from the change control board - what should be the imemdiate course of action ? A. Start work immediately B. Ascertain the impact of this change to scope , schedule and cost before making any change. C. Manage Quality D. Make sure that the scope baseline and schedule baseline are updated to reflect the approved change before implementing the change.
D is the correct answer. As the change has been approved you should always update the baseline ( in this case the scope and schedule baseline) before implementing the change.This will ensure that you track performance against the new scope and schedule and not the old benchmarks.
Question - 4 Which of the following is part of the Manage Quality process? A. Benchmarking B. Cost of Quality C. Design of experiments D. Quality audits
D is the correct answer. Quality audits are part of the Manage Quality process.
You have been assigned as project manager of a software development project. One of the requirements is to use a remote team and you find that the remote team has limited technical communications capabilities. This is an example of: A. An assumption B. A hindrance C. A show-stopper D. A constraint
D. A constraint
Your project team has recently identified a risk in the software development project and decided not to change the project management plan to deal with the risk. The risk response strategy your team used in this scenario is an example of: A. Mitigate B. Transfer C. Avoid D. Acceptance
D. Acceptance
John, a project manager, for Code Crashers Inc. has been assigned a project where he must lead a group of inexperienced programmers in developing a software package that creates Material Safety Data Sheets (MSDS) for a chemical company. This is very similar to a project that his colleague, Peter, worked on in 2006, with some junior programmers. If John needs to come up with a rough order of magnitude estimate, what tool or technique should he use? A. Parametric Estimating B. Bottom Up Estimating C. Three-point estimate D. Analogous Estimating
D. Analogous Estimating
A project manager is looking at a make-or-buy analysis as part of the Plan Procurement Management process. What type of costs should the project manager consider for this analysis? A. Direct costs B. Indirect costs C. Out-of-pocket costs D. Both direct as well as indirect costs
D. Both direct as well as indirect costs
Breaking down project activities into smaller components in order to obtain a more accurate cost estimate is called: A. Work breakdown structure B. Analogous estimating C. Decomposition D. Bottom-up estimating
D. Bottom-up estimating
Emily is managing the construction of a new office facility for her company. The project is half way through the execution. The project sponsor has asked Emily to ensure that all they key project stakeholders are still committed to the project. How can Emily assess the stakeholders' current engagement levels? A. By analyzing the most recent issue register B. By reviewing the Stakeholders Engagement Assessment Matrix last updated during the planning phase of the project C. By requesting the key stakeholders to submit a signed declaration of commitment D. By communicating and interacting with the key stakeholders
D. By communicating and interacting with the key stakeholders
Emily's project is in execution. Emily is currently planning to execute the Manage Stakeholder Engagement process. She has gathered the stakeholder management plan, the recent change log, and the necessary organizational process assets. Which of the following is a key input to this process that is still missing from this list? A. Communications methods B. Stakeholder register C. Stakeholder management strategy D. Communications management plan
D. Communications management plan
You are working with your customers on completed deliverables in your electronic parts manufacturing project. Since these parts are exported to other countries, they need more testing before your customers accept them. In this scenario, which of the following statements about the completed deliverables is CORRECT? A. Completed deliverables not accepted by customers must be forwarded to the close project or phase process B. Deliverables formally accepted by customers must be moved to organizational process assets C. Deliverables formally accepted by customers are forwarded to the validate scope process D. Completed deliverables not accepted by customers must require a change request for defect repair
D. Completed deliverables not accepted by customers must require a change request for defect repair
When beginning a new outsourcing project, what is the best way to determine which companies you should request a bid from? A. Send your proposal to the company you last worked with B. Have someone else manage this part of the process C. Send your proposal to everyone D. Consult the qualified sellers list
D. Consult the qualified sellers list
Peter is the project manager of a project that is halfway through the execution. Peter is currently looking at the schedule of work. He adjusts a few of the schedule milestones and imposes date constraints for some of the work packages. This relates to which of the following processes? A. Control Quality B. Develop Schedule C. Control Scope D. Control Schedule
D. Control Schedule
Peter has been assigned to build a new office facility for his organization. Peter finds out that there are a big number of key stakeholders that are neutral to the project. Peter's stakeholder management strategy must focus on? A. Reducing the number of project stakeholders. B. Ensuring these neutral stakeholder remain neutral till the project closure. C. Ensuring these neutral stakeholders do not convert to resistant stakeholders till the project closure. D. Converting these neutral stakeholders to supportive stakeholders.
D. Converting these neutral stakeholders to supportive stakeholders.
You have just completed the first phase of a multi-phase project. You have performed the earned value measurements and found out that the current CPI is 0.79, the current SPI is 0.98. Your next phase plan should focus first on which element of the project? A. Quality B. Resources C. Schedule D. Cost
D. Cost
As the project manager of a high-visibility project, you are in the process of Identifying risks. You are concerned that the data you collect might be biased. A technique that helps keep the bias out of the data and keeps any one person from having undue influence on the outcome is: A. Interviewing B. Round-robin technique C. Ishikawa technique D. Delphi technique
D. Delphi technique
The manager of a project, that your company is running in another country, is at the corporate headquarters for a company-wide project management meeting. During a break, you overhear the project manager discussing payments made to local municipal governments for construction permits for his project. Your company has a strict policy about paying or taking bribes. What should you do? A. Report him to PMI. B. Report him to his manager. C. Notify his project stakeholders. D. Do nothing.
D. Do nothing.
Which process group corresponds to the "do" part of the plan-do-check-act cycle? A. Closing B. Monitoring and Controlling C. Planning D. Executing
D. Executing
John is attempting to calculate the average financial impact of some future uncertain scenarios. What method could he use? A. Pareto analysis B. Earned value analysis C. Variance analysis D. Expected monetary value analysis
D. Expected monetary value analysis
A buyer and seller are looking at getting into a long-term relationship spanning over 10 years. Both parties would like to be protected from the unstable financial conditions of the country that are beyond their control. What type of contract is appropriate for such a relationship? A. Fixed Price Incentive Fee (FPIF) B. Firm Fixed Price (FPP) C. Time & Material (T&M) D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)
D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)
A project manager used the services of a trained moderator during the Collect Requirements process. Which of the following is likely to have required the services of a trained moderator? A. Interviews B. Prototypes C. Questionnaires D. Focus groups
D. Focus groups
You are managing a medium sized construction project, and are reviewing some invoices from the electrical contractor. You see that materials not required for your project have been included on the invoice. After making a few phone calls it becomes clear that one of your project resources asked one of the vendor's staff to add a few extra circuits to one part of the building. This change was never approved through the change management process. What do you do? A. Notify the manager of your project resource that he failed to follow proper processes. B. Refuse to pay the charges. C. Call a team meeting to determine how this will impact the project, then inform stakeholders of the impacts. D. Immediately inform the project stakeholders of the unauthorized scope change. Then call a team meeting to determine the impact to the project.
D. Immediately inform the project stakeholders of the unauthorized scope change. Then call a team meeting to determine the impact to the project.
A project manager is looking at various classification methods to share information among project stakeholders. Which of the following correctly classifies the different methods used? A. Pull communication - Meetings; Push communication - Newsletters; Interactive communication - E-learning repository B. Interactive communication - Meetings; Push communication - E-learning repository; Pull communication - Newsletters C. Push communication - Meetings; Pull communication - Newsletters; Interactive communication - E-learning repository D. Interactive communication - Meetings; Push communication - Newsletters; Pull communication - E-learning repository
D. Interactive communication - Meetings; Push communication - Newsletters; Pull communication - E-learning repository
Peter is managing a software development project. The buyer of the product is an external entity. During the execution of the project, Peter finds out that a new operations manager has been hired in the customer organization. The new manager is now a key stakeholder of the project. Which of the following documents is least likely to get updated as a result of the addition of this new stakeholder? A. Stakeholder register B. Risk register C. Stakeholder management plan D. Issue log
D. Issue log
Which of the following is accurate regarding the Estimate Activity Resources process? A. It produces project resource calendars as the output B. It determines dependencies that may require a lead or lag to define the relationship C. This process is coordinated independent of the Estimate Cost process D. It involves determining what and how many resources will be used
D. It involves determining what and how many resources will be used
Risks may be identified during the entire lifecycle of a project. Identify Risks is what type of process? A. Qualitative B. Effort driven C. Discrete D. Iterative
D. Iterative
John, a project manager, is a certified PMP. He is responding to an RFP from a buyer and needs to fill in details on the financial performance of his company. His company has performed badly during the current quarter and the results will be published in 2 to 3 days' time. However, the company has done very well in the previous quarters. The RFP is due in 10 days' time and all the other information in the RFP is ready and filled out (except the financial information). What should John do? A. John should fill in the financial information for the previous quarter and send out the RFP response before the current quarter results are published. B. John should present the previous quarter's results as the latest results. This will give his company a better chance to win the project. C. John should fill in the information for the previous quarter and ignore the current quarter. This is an aberration and the company will eventually come out of the bad patch. D. John should wait until the current results are out and update the latest financial information before sending out the RFP response.
D. John should wait until the current results are out and update the latest financial information before sending out the RFP response.
You are a project manager for KTmart and are currently engaged in a highly visible project. The company is about to implement an independent review to ensure that the project work is continuing to comply with the project's policies, processes, and procedures. During which process would this review occur? A. Close Project or Phase B. Control Quality C. Monitor Risks D. Manage Quality
D. Manage Quality
A project manager is currently ensuring that the stakeholders clearly understand the project goals, objectives, benefits and risks. This relates to which of the following processes? A. Monitor Stakeholder Engagement B. Identify Stakeholders C. Plan Communications Management D. Manage Stakeholder Engagement
D. Manage Stakeholder Engagement
As part of risk planning, some responses are designed for use only if certain events occur. A project manager of a multi-year project decided to trigger one such set of responses during the Monitor Risks process. Which of the following is likely to have triggered the responses? A. Late receipt of status reports B. A key employee going on vacation for three days. C. Errors found in a deliverable document D. Missing an intermediate milestone
D. Missing an intermediate milestone
On obtaining the project charter, the Project Manager of a project immediately starts acquiring the project team (Acquire Resources). Is this correct? A. Yes. Acquisition of the project team is primarily an Initiating Process Group activity. B. Yes. The project manager needs to get the team together as soon as the project starts. C. No. It is the responsibility of the project sponsor to provide the team for execution. D. No. Acquisition of the project team is primarily an Executing Process Group activity.
D. No. Acquisition of the project team is primarily an Executing Process Group activity.
You have been managing a construction project in a developing country and are closing down the project. The tools and equipment that was used on the project has to be returned to your company's European headquarters. A non-governmental organization that builds and repairs medical facilities in this country has come to you to request that this equipment be donated to them. What should you do? A. Donate all tools and equipment. B. Refuse the request. C. Donate only the tools and equipment whose value is below your purchase approval limit. D. Notify the appropriate management.
D. Notify the appropriate management.
When are risk identification activities performed? A. During the Perform Qualitative Risk Analysis process B. During the Plan Risk Management process C. During the Perform Quantitative Risk Analysis process D. Ongoing throughout the project
D. Ongoing throughout the project
You have landed your dream job, as project manager working in an exotic sports car factory. Your project involves coming up with a smoother ride for the car. You have tasked the engineers to determine which type of suspension and what type of tires will provide the best ride and the most reasonable cost. This relates to which of the following processes? A. Monitor Risks B. Manage Quality C. Control Quality D. Plan Quality Management
D. Plan Quality Management
The Project Manager controls the interfacing and overlapping areas of the organization's procurement processes, and the project schedule with processes from this area: A. Project Resource Management B. Project Scope Management C. Project Risk Management D. Project Integration Management
D. Project Integration Management
In a matrix organization, where the team members report to both, a functional manager as well as a project manager, generally, whose responsibility is it to manage the dual reporting relationship? A. Functional manager B. HR manager C. Team members D. Project Manager
D. Project Manager
Which of the following is not an example of data that may be presented in a performance report? A. Earned value B. Quality metrics C. Schedule variance D. Project charter
D. Project charter
What term defines the work needed to complete a product, service, or result? A. Product scope B. Scope creep C. Scope verification D. Project scope
D. Project scope
You are working in an Information Technology project as a project manager to develop a shopping website for your customers. Some key stakeholders in the project suggested scope changes to improve the look and feel of the website. Your team has analyzed the impact of these changes and presented to the change control board for approval. What should be your next step if the change control board accepts all proposed changes? A. Implement the change request and update stakeholders B. Review change control board decisions and inform stakeholders for their input C. Conduct a team status meeting to update the progress on change requests D. Revise cost estimates, schedule dates, resource requirements and planning documents
D. Revise cost estimates, schedule dates, resource requirements and planning documents
A key output of Plan Resource Management is a list of project roles and responsibilities. What should this document include? A. Work packages, Effort, Authority, Duties B. Role, Responsibility, Authority, Risk C. Role, Title, Resource Cost, Responsibility D. Role, Authority, Responsibility, Competency
D. Role, Authority, Responsibility, Competency
Jane is managing a complex industrial process reengineering project. She has identified all of her key project stakeholders and has conducted individual interviews with them to identify other project stakeholders as well. However, Jane is still not comfortable with her project's stakeholders list as she believes there would be more key external stakeholders still missing from the list. What can help Jane in this situation? A. Use stakeholder register templates from the organizational process assets. B. Conduct more meetings with the key stakeholders. C. Jane needs to get over her fear and finalize the project stakeholder register. D. Seek expert judgment from subject matter experts.
D. Seek expert judgment from subject matter experts.
You have been chosen by a program management office (PMO) to write a purchase order for your expertise in business writing. You have learned that the PMO has already selected a seller for a software product and would like to award the procurement contract to the selected seller as a purchase order which you must prepare. In this scenario, the PMO is administering: A. The control resources process B. The control procurements process C. The plan procurement management process D. The conduct procurements process
D. The conduct procurements process
In a multi-phase project, the procurement team decided to close the procurements applicable to a particular phase of the project. What happens to unresolved claims? A. Unresolved claims are usually resolved at the end of all phases of the project. B. Unresolved claims are also closed when the procurements for that phase are closed. C. Unresolved claims remain open for a period of 1 year from closure of procurements. D. Unresolved claims may still be subject to litigation after closure.
D. Unresolved claims may still be subject to litigation after closure.
Jane works as a project manager for the National weather agency. She has been managing a project which was designed to find the impact of climate changes on Northern mountains. The initial study established two months delay for the testing equipment to reach mountains due to road construction. However, a recent assessment has shown a significant drop in the delay time because of rapid progress in construction. Which of the following steps should Jane take next to account for the change in the delay time? A. Distribute the information B. Conduct a stakeholder meeting C. Create a new project plan D. Update the risk register
D. Update the risk register
A RAM diagram shows the relationship between ____________ and ____________ in a tabular format. A. Cause and effect B. Risks and mitigation plans C. Deliverables and costs D. Work packages and project team members
D. Work packages and project team members
You are two days late on reporting status for a project that you are managing. The status report indicates that the project is lagging behind schedule. During the current week, you are confident of making up some of the lost time. How should you report project status? A. Since the status report is already due, do nothing. Send out the status report next week when the project is back on track. B. Since the status report is already 2 days overdue, you may communicate to stakeholders that you will send a consolidated status report next week. In this manner, you can avoid being untruthful or falsifying reports. C. Send out a status report to all stakeholders indicating that the project is on track. Once this week goes by, things will be fine and the status reports will be back to normal from next week. D. You should report project status exactly as it is. You may also mention that you expect to make up some of the lost ground, but will truthfully represent current status.
D. You should report project status exactly as it is. You may also mention that you expect to make up some of the lost ground, but will truthfully represent current status.
A Work Breakdown Structure is a hierarchical illustration of all the work to be done in a project. A WBS component does not represent: A. products B. results C. services D. project activities
D. project activities
In general, Perform Qualitative Risk Analysis is: _____________. A. not often completed B. complete and 100% accurate C. in-depth and thorough D. quick and cost-effective
D. quick and cost-effective
Question - 25 What is the BEST use of a Work Authorization System ? A. It manages the timing and sequence of when activities need to be performed B. It manages who performs the activity C. It identifies the resources needed to complete activities D. It is used for comparing actual work against the baselines
A is the correct answer. It defines how work will be authorized and how work will be done at the right time and in the right sequence. Option B is not correct since who performs the work comes from the responsibility assignment matrix and neither is option C the right answer. Option D is related to monitoring and controlling work performance data which is not covered by Work Authorization System - so - option A is the correct answer
78. A project manager is approached by a team of software programmers who work for her project. The team requests a certain person to be released from other work to enhance the team with specific technical skills and enhance its productivity. The team also offers to introduce the person to the progress of development achieved so far and to the tasks that the person should take over in order to get the project work done. Which management principle is applied by the project manager and the team? A Self-organizing teams B Norming teams C Micro-managed teams D Competing teams
A
6. In situations involving a large number of ideas on requirements provided by various stakeholders, a project manager must sort, review and analyze those ideas. Which of the following tools can be utilized to accomplish this? a. Affinity diagram b. Mind mapping c. Pareto chart d. Brainstorming
A Affinity diagrams can be used to sort and group idea for additional review and analysis. Mind mapping allows ideas to be grouped based on their similarities and differences. A Pareto chart is not used to gather requirements but to identify the 80/20 relationships of problems in the quality area. Brainstorming is a requirement gathering technique but used primarily in the idea generation stage rather than the review and analysis aspect.
Dave is managing a new project to create a radio-operated model plane. The project budget is set at $200,000 and the project must be completed within six months of the starting date. The initial document authorizing this project and giving Dave the authority to apply organizational resources to the project activities is called _______________. a. Project charter b. Scope statement c. Project management plan d. Organizational process assets
A The project charter records the description of the product and its requirements as well as authorizes the use of organizational resources to produce the objective of the project. The scope statement and the project management plan contain an elaborated version of these requirements. The organizational process assets are policies, procedures, and guidelines that are used to influence the project's success.
20. Wilma is examining the data on her control chart. It shows four consecutive points above +3 sigma and three subsequent points below -3 sigma. If the lower and upper control limits are set at +-3 sigma, what should Wilma report as the status of the process? a. The process is out of control. b. Process does not need improvement. c. The process is under control. d. Status cannot be determined with only seven data points.
A When a process is within the control limits it is in control and does not need to be adjusted. Seven consecutive points above or below the upper and lower control limits indicate a process that is out of control. In this example, the seven consecutive points are either above or below the control limits. Therefore, the process is out of control. Closing
10. On a project schedule network diagram, leads and lags are used to define the relationships between activities. These leads and lags indicate either acceleration or delay, respectively, of the successor activity. If a team member on your project indicates FF+3 on the network diagram, what does that notation indicate? a. Activities with a Finish-to-finish relationship and 3 days of lag time b. The activity has 3 days of final float c. Activity with a finish-to-finish relationship and 3 days of lead time d. None of the above
A When sequencing activities, there are four types of relationships: finish-to-finish, start-to-finish, finish-to-start, and start-to-start. Finish-to-finish are indicated as "FF." Leads are shown with a negative sign (-) and lags are indicated with a positive sign (+). The correct answer is a finish-to-finish relationship with 3 days of lag time.
17. Ryan Systems is in the 3rd week of a 5-week project to consolidate all of its data servers to a central location in its new data center. The amount of money spent on this project to date is approximately $80,000. The planned value for the move as of the 3rd week is $50,000. What is the status of the project at this time? Over budget a. On time b. Behind schedule c. A head of schedule d. Over budget
B Earned value (EV) is a measure of work performed in terms of the budget authorized for that work. Planned value (PV) is the authorized budget assigned to scheduled work to be accomplished for an activity during a given point in time or phase. When the EV is less than the PV this is a scheduling issue. Because planned value denotes how much work should be complete, and earned value denotes the actual work that is complete, we have less work completed as planned, and thus we are behind schedule. 6th Ed., PMBOK, p. 261, Section 4 - Monitoring and Controlling
12. Project communication involves dissemination of information by various methods. Communication may be formal, informal, verbal, and nonverbal. Which of the following would define direct communication with peers? a. Formal communication b. Horizontal communication c. External communication d. Vertical communication
B Formal communication involves reports, memos, and briefings. Any communication that goes outside the project team or the stakeholders is known as external communication. Conversely, all communication with the project team and stakeholders is within the organization. It is not external and it typically considered horizontal in nature. Hence, horizontal communication is the correct response.
16. If one standard deviation is equal to 0.02, what is the upper control limit in a control chart if the upper control limit is set at +2 Sigma? a. 0.4 b. 0.04 c. 0.02 d. 0.01
B One sigma in the control limit indicates one standard deviation, which means the upper control limit = +2 sigma or +2 standard deviation. In this case, this would equal +2 (0.02) = 0.04. Hence, 0.04 is the correct answer.
A project manager is estimating project costs and needs to decide whether the estimates will include only direct costs, or whether the estimates will also include indirect costs. In which of the following phases does this decision need to take place? A. Define Scope B. Estimate Costs C. Plan Expenses D. Determine Budget
B. Estimate Costs
21. In a crime prevention software development project for a municipal organization, a steering committee is responsible for approving all deliverables before they are transferred to operations. This steering committee is made up of directors from three different municipal agencies. If the steering committee approves the transfer of deliverables with a 2-1 vote, which of the following statements is correct? a. The project is in the close scope phase. b. The project is in the close project phase. c. The project is in the control procurements phase. d. The project is in the validate scope phase.
B The project is considered closed when all deliverables are transferred and lessons learned documentation, project files and historical databases are updated. Therefore, since deliverables have been transferred, the project is in the close project phase.
Question - 86 A process with lack of consistency and predictability is called: A. in control B. out of control C. bad quality D. quality noise
B is the correct answer. A process with lack of consistency and predictability is called out of control.
22. Dora has just taken over an IT project. This project was terminated six months ago due to a shortage of funds and resources. Dora wants to determine the reasons for the fund shortage as well as the situation with the incomplete deliverables. Of the following documents, which should Dora examine in order to determine the facts about her project? a. Project management plan b. Historical database c. Project closure documents d. Lessons learned documents
C Project closure documents contain information related to the deliverables and other closing documents. If the project was terminated, the closure documents should indicate the reason for early termination.
Question - 34 Earned Value Analysis is used to measure performance based on following parameters: A. Scope and Cost B. Scope and Schedule C. Scope , Cost and Schedule D. Cost and Schedule
C is the correct answer. The correct answer is - C - Earned Value Analysis is performed based on Scope , Schedule and Cost.
79. A project manager ensures that a team of development engineers is freed from operational tasks, so that the team members can focus on self-organization and on getting the project work done. The person listens to the team's concerns and removes obstacles and impediments whenever they occur. What is the best description for the leadership style of the project manager? A Autocratic leadership B Benevolent leadership C Responsible leadership D Servant leadership
D
86. A software development team works with a product owner, who routes influence by stakeholders on the software product. The product owner keeps a list of the work to be done in order to build the desired product. What is this list referred to? A Activity attributes B Increment C Iteration D Product backlog
D
25. Which of the following activities are involved during the administrative closure of a project? a. Activities necessary to audit project failure b. Activities necessary to transfer the end product c. Activities necessary to satisfy the exit criteria for the project d. All of the above e. Both b and c only
D Activities required to perform the administrative closure of a project include those activities necessary to satisfy the exit criteria of the project, the activities necessary to transfer the project's result and the activities necessary to audit project success or failure.
9. Earned Value (EV) for a new optic radar design project is calculated at $100,000 and the Actual Cost (AC) is $80,000. The Budget at Completion (BAC) is estimated at $200,000. What is the current CPI on this project? a. .80 b. .50 c. 2.50 d. 1.25
D CPI (Cost performance index) is calculated by the equation, CPI = EV/AC. In this case, the earned value is $100,000 and the actual cost is $80,000. Therefore, the equation becomes $100,000/$80,000 = 1.25. The Budget at completion information is irrelevant in this question.
3. In a phased project, phase end meetings are used to sign-off on the deliverables associated with that phase. These phase end points typically provide a good opportunity to evaluate the progress and performance in that phase. Which of the following terms is synonymous for phase end? a. Phase exits b. Kill points c. Milestones d. All of the above
D Phase exits, phase gates, stage gates, kill points, decision gates and milestones are synonymous terms for phase end points.
14. Clifford is managing a project to build non-nuclear components for nuclear weapons. His project team consists of scientists, engineers, designers, and technical experts with extensive backgrounds in their fields. In an effort designed to create a degree of trust among team members, Clifford has initiated a kickoff meeting with all team members. During this meeting, Clifford wants to clarify the project objective and learn about each team member's interests and levels of influence. In addition, he needs to assign the roles and responsibilities for each team member. In this scenario, Clifford's team is in which of the following stages? a. Storming b. Performing c. Norming d. Forming
D Team development goes through five stages: Forming, Storming, Norming, Performing, and Adjourning. Since Clifford is getting to know the team members and preparing to assign them their roles and responsibilities, the team is in the Forming stage. Monitoring and Controlling