PMP – One

 

1. Daniel is managing the development of an ecommerce website for his organization. Daniel enjoys coercive powers and has assigned Julie, a project team member, to facilitate the team meetings. During any team meeting, Julie must?

Correct

Since the project manager enjoys coercive powers, it seems likely that he has assigned a neutral facilitator to facilitate the team meetings. Facilitation is a management skill. A good facilitator should always remain neutral in a meeting and help facilitate the meetings

Incorrect

 

2. You are a consulting project manager and have been contracted by an investment bank to run a large information technology project that is expected to last 15 months. During the Direct and Manage Project Work process, you discover that several regulatory requirements have not been addressed in the project management plan. Failure to meet these requirements could result in legal action against the company. However, implementing the technology to comply with these regulations exceeds the budget and scope of the project, and could result in the cancellation of the project. What should you do?

Correct

All regulatory requirements must be met. Not doing anything or considering this a scope creep are not valid options for the project manager. The project manager would have to request for additional funds but first he needs to submit a change request

Incorrect

 

3. A fundamentally functional organization creates a special project team to handle a critical project. This team has many of the characteristics of a project team in a project organization and has a Project manager dedicated to the project. Such an organization would be called:

Correct

This organization would be called a composite organization.

Incorrect

 

4. As you are creating the Activity List, which technique is recommended for subdividing the project into smaller components called activities?

Correct

The decomposition technique allows the project manager to create smaller and more manageable pieces of work from the larger work packages.

Incorrect

 

5. Linda has been assigned to establish a PMO in her organization. Linda 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 Linda to produce the project stakeholder register?

Correct

The stakeholder register is developed during the Identify Stakeholders process.

Incorrect

 

6. The Create WBS process identifies the deliverables at the __________ level in the Work Breakdown Structure (WBS).

Correct

The Create WBS process identifies the deliverables at the lowest level in the WBS, the work package. Project work packages are typically decomposed into smaller components called activities that represent the work necessary to complete the work package

Incorrect

 

7. Which of the following is not an organizational process asset that is used during the Plan Human Resource Management process?

Correct

Standardized stakeholder list is not a valid organizational asset used in the Plan Human Resource Management process.

Incorrect

 

8. With the establishment of a PMO in an organization, the project management jargon is being adopted by the employees. However, few people are still struggling with the project management terminologies. One of the most common confusion is the difference between a project stakeholder and a key stakeholder. Who are the key stakeholders?

Correct

All of the given choices correctly define the project stakeholders. However, the key stakeholders are the subset of the project stakeholders that are in a decision making position.

Incorrect

 

9. After brainstorming potential project risks, what is the recommended method for prioritizing these risks and their mitigation plans?

Correct

A probability and impact matrix will help filter the high risk items and high impact items from the others so that you can focus your attention on these riskier items.

Incorrect

 

10. If you are influencing factors that create changes to the cost of the project, which process are you using?

Correct

Control Costs is the process of managing the project's costs and the changes that threaten the bottom line.

Incorrect

 

11. If you are requesting a vendor quote for a defined scope, what is the recommended contract type?

Correct

The fixed price contract works best with a very well defined project scope.

Incorrect

 

12.  All of the following are interpersonal skills EXCEPT:

Correct

Resisting to change is not a valid interpersonal skill. The rest of the choices are examples of interpersonal skills.

Incorrect

 

13. What is the logical sequence of the Project Scope Management processes?

Correct

The logical sequence of the six scope management processes are Plan Scope Management, Collect Requirements, Define Scope, Create WBS, Validate Scope and Control Scope.

Incorrect

 

14. The most detailed level of the WBS is called the _______________ .

Correct

The work package is the lowest and most detailed level of the WBS and can be scheduled, cost estimated, monitored, and controlled.

Incorrect

 

15.Which of the following is a hierarchical representation of project risks?

Correct

The Risk Breakdown Structure (RBS) is a hierarchical presentation of the project risks sorted by risk categories.

Incorrect

 

16. Which of the following is a tool or technique used in the Monitor and Control Project Work process?16

Correct

Expert Judgment is a tool or technique used in the Monitor and Control Project Work process.

Incorrect

 

17. A large network hardware upgrade project was scheduled to take place over a weekend. During the course of the implementation, several previously unidentified dependencies for additional materials were discovered. The project manager gave approval for the tech staff doing the implementation procure with corporate credit cards several hundred dollars worth of additional equipment required to complete the implementation. However these additional expenses caused the project to exceed its budget. How should the project manager handle this?

Correct

Notifying project stakeholders and following proper procedures for dealing with budget variances is the best response.

Incorrect

 

18. During the Plan Procurement Management phase, the make-or-____analysis must be completed. This technique prompts the project team to determine the source of their item.

Correct

The make-or-buy analysis is a technique used by the project manager to determine whether a particular work can be best completed by the project team or should be procured from outside sources.

Incorrect

 

19. Which of these precedence relationships is least commonly used in Precedence Diagramming Method?

Correct

Start to Finish relationships indicate that the next task is not able to be completed until the one preceding it has started. This is not commonly used.

Incorrect

 

20.  A RACI chart is an example of a _________________.

Correct

A RACI chart outlines, in matrix form, the project tasks and who is responsible, accountable, consultable, and informable for each task.

Incorrect

 

21. If the project's current total earned value (EV) is $100,000 and the actual amount spent (AC) is $95,000, what is the cost variance of the project?

Correct

The cost variance (CV) equals the EV - AC. In this case, the CV = $5,000.

Incorrect

 

22. Your company has temporarily assigned you to serve as a project manager at a company location outside your home country. While meeting with a vendor your first day on the job, you are presented with a gift. The corporate policy at the headquarters in your home country prohibits employees from accepting these types of gifts. However, as you are new to this location, you believe- but are not sure-that the local policy, as well as local custom may differ. How should you respond?

Correct

While organizational and cultural differences can cause conflict, the project manager is bound by the code of ethics to practice honestly, respect, professionalism, and to follow policies, regulations, and laws pertaining. The best choice is to decline.

Incorrect

 

23. If you are writing a proposal for additional funding, which communication style should you choose?

Correct

Since this will be an official project document, it should be formal in nature. Additionally, since you are requesting money from someone higher up in the organization, you are creating a vertical communication.

Incorrect

 

24. If you want a group of experts to identify project risks, but also want unbiased data, what is an appropriate technique to use?

Correct

The Delphi technique involves anonymous questionnaires circulated to a group of experts and provides an unbiased assessment of the risks

Incorrect

 

25. If you are working on a project with constantly changing scope, which contract type would work best when hiring an outside vendor to complete a portion of the work?

Correct

The Time and Material (T&M) contract will allow the contract to change as the project scope changes.

Incorrect

 

26. Which process of integrative project management documents the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans into a project management plan?

Correct

This statement describes the Develop Project Management Plan process.

Incorrect

 

27. A project manager scheduled a review at the end of a phase, with the objective of obtaining authorization to close the current project phase and initiate the next phase. Which of the following is an incorrect way of describing this review?

Correct

Stage Gates, Phase Gates and Kill Points refer to the same term and refer to a phase end review with the objective of obtaining authorization to close the current phase and starting the next one. This is a retrospective review of the current phase.

Incorrect

 

28. If you are measuring the quality of items in a sample on a pass/fail basis, what is that called?

Correct

The attribute sampling measures the quality characteristic of items in a sample on a pass/fail basis; on the other hand, the variable sampling measures the quality characteristic on a continuous scale.

Incorrect

 

29. The Requirements Traceability Matrix helps in tracing all of the following except:

Correct

Requirements Traceability Matrix is an output of the Collect Requirements process. It is used for tracing requirements to project scope, objectives, and test strategy. Tracing requirements to project risk is not a valid use.

Incorrect

 

30.Which of the following should you NOT use as an input into creating the WBS structure?

Correct

The Bill of Material (BOM) is not used as an input in the Create WBS process. The other three are valid inputs.

Incorrect

 

 

31. Which term best describes the Identify Risks process?

Correct

The Identify Risks process is an ongoing, iterative process as risks are often identified throughout the project's life cycle.

Incorrect

 

32. During the Plan Risk Management process, assigning ___________ will help you and the project team identify all important risks and work more effectively during the identification process.

Correct

Risk categories provide a structure that ensures a comprehensive process of systematically identifying risks and contribute to the effectiveness and quality of the process

Incorrect

 

33. Which of these processes is NOT a project time management process?

Correct

Create WBS is a process in the Project Scope Management area, while the other options are all Project Time Management processes.

Incorrect

 

34.  The technique most commonly used by project management software packages to construct a project schedule network diagram is:

Correct

The method used by most project management software packages to construct a project schedule network diagram is Activity-On-Node (AON).

Incorrect

 

35. Which of the following defines the total scope of the project and represents the work specified in the current approved project scope statement?

Correct

The WBS is a hierarchical decomposition of the work to be executed by the project team and defines the total scope of the project. It represents the work specified in the current approved project scope statement.

Incorrect

 

36. If you are creating a new WBS for your project, what should you consider to save time during the creation process?

Correct

Creating the WBS is a very important process, but often a previous WBS can be used as a template to save time and the potential rework of forgetting something important.

Incorrect

 

37. Which of these precedence relationships is most commonly used in Precedence Diagramming Method?

Correct

Finish to Start relationships indicate that the next task is not able to start until the one preceding it is completed. This is the most commonly used type of activity relationship.

Incorrect

 

38. You are the project manager in your organization. You have very little authority over the projects you manage, and you are mainly engaged in project coordination activities. You are currently struggling with obtaining the required human resources for your project during the Acquire Project Team process. Who you need to negotiate with to obtain these resources?

Correct

Since you have little authority over the projects you manage, you are working for a weak matrix organization. In such organizations the functional managers have more authority. You need to use the 'Negotiation' tool and technique.

Incorrect

 

39. A good quality audit should be:

Correct

A quality audit should be a structured process performed by an independent entity to provide the best results.

Incorrect

 

40.  What is the traditional way to display a reporting structure among project team members?

Correct

A hierarchical-type organization chart can clearly show roles and reporting relationships within a team.

Incorrect

 

41.  The Project Charter formally authorizes a project. Who authorizes the project charter?

Correct

A project initiator or sponsor external to the project, at a level that is appropriate to funding the project, authorizes the project charter.

Incorrect

 

42. In an ongoing project, the project sponsor and a manager of the performing organization are having conflicts. What would be your comment on this situation?

Correct

The project manager needs to recognize that the stakeholders could have conflicting interests and objectives. It is the responsibility of the project manager to successfully manage the stakeholders' expectations.

Incorrect

 

43. Project risks should be identified by:

Correct

While it is not feasible to invite everyone to the risk identification meetings, everybody should be encouraged to identify risks as they encounter them.

Incorrect

 

44. A control chart should always contain:

Correct

Upper and lower control limits allow the control chart to serve its purpose of indicating when a process is in or out of control.

Incorrect

 

45. When would Rolling Wave Planning be useful in a project?

Correct

Rolling Wave Planning is a technique used to create a more detailed work plan while keeping the right level of detail for each activity - activities happening sooner have more detail than those further in the future.

Incorrect

 

46.  You are managing a multi-million dollar project, and discover several critical pieces of data in the project information repository have been modified without authorization. What should you do?

Correct

Notification of the appropriate staff of an information security breach, and providing detail to assist with an investigation is the appropriate response. The project manager is responsible for maintaining an accurate project information.

Incorrect

 

47. If you are developing a Project Management Plan, how should you determine the level of detail to be included in the plan?

Correct

The level of detail required in a Project Management Plan would vary by project and would include only the details necessary for the project.

Incorrect

 

48. If you want to have multiple vendors bid on your contract, what is the best way to ensure that all vendors have the same information before bidding?

Correct

A bidder conference is a good way to ensure all bidders have the same information at the same time and to ensure fairness and equity within the bidding process.

Incorrect

 

49. Randy is managing a project and identifies that there are 8 stakeholders in the project. He is worried that he might end up with an unmanageable number of communication channels. In your view, how many communication channels does Randy have to plan for?

Correct

The correct response is 28. The formula to identify the number of communication channels is n*(n-1)/2, where n is the number of stakeholders. Hence in this case, it works out to 8*(8-1)/2 = 28.

Incorrect

 

50. Julie is currently populating her project's stakeholder register with the names and details of the people identified during the Identify Stakeholders process. Some of these people are not supporting the project but they can directly influence the project. Julie is adding these people to her project's stakeholder register because?

Correct

Projects have both positive and negative stakeholders. All of these stakeholders need to be carefully managed and their details must be recorded in the project stakeholder register.

Incorrect

 

51. You have been asked to establish a project charter for your new project. According to PMBOK, who normally has the responsibility to authorize the charter?

Correct

The project initiator or sponsor external to the project authorizes the project charter. However, a project manager should be involved in the process as early as possible.

Incorrect

 

52. In general, Perform Qualitative Risk Analysis is:

Correct

Perform Qualitative Risk Analysis is quicker than Perform Quantitative Risk Analysis which is sometimes not required by the project.

Incorrect

 

53. 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:

Correct

This is known as Variance Analysis. As project manager, you would then attempt to determine the cause of the Variance, relative to the scope baseline and then decide on whether corrective action is required.

Incorrect

 

54. Two efficiency indicators that reflect the cost and schedule performance of a project are:

Correct

The Cost Performance Index (CPI) and the Schedule Performance Index (SPI) are two efficiency indicators in the project to reflect the cost and schedule performance of the project.

Incorrect

 

55. Sarah 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?

Correct

Neither the project charter not the project management plan contains any project document templates. Templates are organizational process assets

Incorrect

 

56. If you want to compress a project schedule, what are two of the recommended alternatives to consider?

Correct

Crashing and fast tracking can compress the project's schedule when necessary, but might come at a higher cost and rework potential.

Incorrect

 

57. A project manager wishes to expand an existing list of sellers. Which of the following techniques should she consider?

Correct

Advertising is a good avenue to expand existing lists of sellers. Advertisements can be placed in general circulation publications in order to achieve this.

Incorrect

 

58. Which of these tools is NOT a part of the Seven Basic Tools of Quality?

Correct

The seven basic tools of quality are: cause and effect diagrams, control charts, flowcharting, histograms, Pareto charts, check sheets, and scatter diagrams.

Incorrect

 

59. Which quality control technique or tool should be used when trying to determine the cause of a major defect?

Correct

A fishbone diagram, also called a cause-and-effect diagram, helps identify potential causes of an issue or problem.

Incorrect

 

60. During a project update meeting for the key stakeholders, the schedule of some project activities was challenged. The VP Operations challenged that some of the critical path activities cannot be executed as scheduled as they will disturb critical operations. The VP has requested rescheduling of these tasks so that they are carried out during the non-working times of the business. What should the project manager do first?

Correct

All of the tasks in the choices need to be carried out. However, the question is asking for the task to be carried out first. The identified issue must be documented in the project's issue log first. This should be captured and recorded during the meeting.

Incorrect

 

61. Why is it important to have a staff release plan for people within the project team?

Correct

A staff release plan provides a clean break point for an individual and saves the project money in the process.

Incorrect

 

62. 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?

Correct

Crashing is the technique that can be applied to compress the project schedule without changing the project scope. The other technique is Fast tracking.

Incorrect

 

63. At the end of a project, what will your schedule variance be equal to?

Correct

The schedule variance is the earned value minus the planned value. At the end of the project, all of the planned values should be earned and the difference should be zero.

Incorrect

 

64. Quantitative risk analysis should be performed:

Correct

Since the quantitative risk analysis is a more in-depth process, it should only be performed on prioritized risks to minimize impact to the overall project schedule.

Incorrect

 

65. While a co-worker is out on vacation for two weeks, you are standing in for her as the project manager of a process improvement project. During project meetings it becomes apparent that there is a great deal of conflict between stakeholders, and as you review the project documentation you discover that the vacationing project manager has made several critical project decisions without collecting inputs from the stakeholders. Some of these decisions resulted in changes to the project scope, and did not go through the formal change management process. What should you do?

Correct

The best choice is to notify the stakeholders that the scope has changed without authorization. Intentionally not following project process and policies for any reason is unacceptable.

Incorrect

 

66. While analyzing a project, the project manager calculated the ratio of the Earned Value (EV) to the Actual Costs (AC) and obtained a value of 1.2. The project manager decided that this was an unfavorable condition to the project and decided to take corrective action. What is your view?

Correct

The project manager is not correct. Cost Performance Index (CPI) is the ratio of EV to AC. A value greater than 1 is a favorable condition for the project. The project manager has incorrectly interpreted the situation.

Incorrect

 

67. Which of these is not an approved Estimate Activity Durations technique?

Correct

Analogous, parametric, and three-point estimating techniques are all accepted practices for determining the correct amount of time required for a portion of the project. The Critical Path Analysis techniques evaluates the whole project schedule.

Incorrect

 

68. If you are working on a project where there is no definite project detailed scope, but similar projects have been completed in the past, what is the correct Estimate Activity Durations tool to use?

Correct

Analogous estimation relies on comparing a project to previous such projects that were similar in nature.

Incorrect

 

69. As project manager, you would like to show the relationship between two variables to help your project team understand the quality impacts better. Which tool should be used?

Correct

A scatter diagram plots several occurrences of two variables (one on each axis). A relationship can then often be determine between the two variables based on how closely they fit a geometric model.

Incorrect

 

70. 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?

Correct

Include the newly discovered information in your executive presentation. Failure to disclose a known risk until a mitigation plan is developed is a violation of the PMI code of ethics.

Incorrect

 

71. In a cause and effect diagram, which of these is not a potential cause?

Correct

A cause-and-effect diagram helps determining the root cause behind a problem statement. The potential causes of a specific effect fall into these categories: time, machine, method, material, energy, measurement, personnel, and environment.

Incorrect

 

72. Which of the following is inaccurately represented by the term Progressive elaboration?

Correct

The distinction between Progressive elaboration and Scope Creep needs to be understood since the two terms are different. The changes to scope (especially in an uncontrolled manner) are called scope creep.

Incorrect

 

73. Which document describes the project's deliverables and the work required to create those deliverables?

Correct

The project scope statement is the correct response. This document describes the project's deliverables in detail and the work that is required to create those deliverables.

Incorrect

 

74. During a presentation to management, you want to display the project schedule with only the key deliverables displayed. What is the correct tool for this purpose?

Correct

A milestone chart displays only the key deliverables and is simple and easy to understand.

Incorrect

 

75. Which of these items are important to address when determining each person's role in the project team?

Correct

All four of these are important to consider when considering someone for a position within the project team:  role, authority, responsibility, and competency

Incorrect

 

76. 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?

Correct

Statistical sampling will provide sufficient inspection to ensure a high likelihood of a quality product, while saving money for the project.

Incorrect

 

77. When beginning a new outsourcing project, what is the best way to determine which companies you should request a bid from?

Correct

A qualified seller list is a list of sellers that have been pre-screened for their qualifications and past experience, so that procurements are directed only to likely sellers who can work on the project.

Incorrect

 

78. Which of the following is not a general management technique used to generate different approaches to execute and perform the project work?

Correct

Alternatives Identification concerns itself with identifying techniques to generate different approaches to execute and perform the work of the project.

Incorrect

 

79. Your boss advises you that your final project schedule and budget must be ready to present to the executive steering committee at a meeting later this week. A draft schedule has been completed based on estimates provided by your team. However, they have not yet had a chance to review the schedule to be sure their estimates are appropriate and realistic. Timing constraints make it impossible to complete this review before the meeting. What is the best approach?

Correct

You have a rough order of magnitude (ROM) estimate as you didn't have the chance to review your estimate and make it more accurate. However, declaring a rough order of magnitude estimate as an accurate estimate is unethical

Incorrect

 

80. Where would you find a detailed list and description of specific project assumptions associated with the project?

Correct

The Project scope statement lists and describes the specific project assumptions associated with project scope and the potential impact of those assumptions if they prove to be false.

Incorrect

 

81.  The date through which the project has provided actual status and accomplishments is called:

Correct

The date through which the project has provided actual status and accomplishments is called the data date. It is also known as the as-of date or the status date

Incorrect

 

82. Which of these is NOT a risk diagramming technique?

Correct

Risk diagramming techniques can include: cause-and-effect diagrams (also known as the fishbone diagrams), flowcharts, and influence diagrams.

Incorrect

 

83. Which of the following is a tool or technique for the Develop Project Team process?

Correct

Colocation is a tool and technique of the Develop Project Team process. The rest are the tools and techniques of the other three Human Resource Management processes.

Incorrect

 

84. A hierarchical structure of resources organized by resource type category and resource type used in resource leveling schedules is known as:

Correct

The Resource Breakdown Structure (RBS) is a hierarchical structure of resources by resource category and resource type used in resource leveling schedules and to develop resource-limited schedules.

Incorrect

 

85. A Project Manager's primary professional responsibility is towards:

Correct

A project manager's professional responsibilities are not limited to any one of the stakeholders. The other choices are correct but not complete by themselves. Expectations of every project stakeholder need to be managed.

Incorrect

 

86. What does a Cost Performance Index (CPI) of more than 1.0 indicate?

Correct

The CPI is calculated as the earned value divided by the actual cost. An index of greater than one indicates that you have spent less than you forecasted to this point.

Incorrect

 

87. Which of the following statements is correct?

Correct

A portfolio refers to a collection of projects of programs that are grouped together to facilitate their effective management. The projects or programs need not be directly related or interdependent.

Incorrect

 

88. A project team member finds that the color scheme of the webpage he is designing appears too gaudy and decides to change it to a mellowed down color scheme. The independent testing team flags this as a defect and there is a heated discussion between the team member and the testing team. What is your view?

Correct

The testing team is correct in their findings. Even though the new color scheme might be a better choice than the old one, all changes need to follow the change management process and go through the appropriate change and approval process.

Incorrect

 

89. Which of the following items needs to be kept in mind when relying on risk identification checklists?

Correct

While the risk identification checklist is a useful tool, it should be used in combination with the other tools, since it is impossible to cover all scenarios on one checklist.

Incorrect

 

90. As an external vendor, you are managing a complex software project that has been contracted on Time & Material (T&M). One of your team-members reports a break-through in automating some of the testing activities. This will potentially result in cost savings to the project as well as the project getting completed ahead of schedule by a month. Which of the following actions would you take?

Correct

A project manager should always communicate an accurate statement of the project status. There could be subsequent actions to discuss how the savings could be best utilized, whether there can be any cost sharing etc.

Incorrect

 

91. What is the advantage of preparing an estimate of costs by an outside professional estimator?

Correct

An estimate of costs will serve as a benchmark on proposed responses. Any significant differences in cost estimates can be an indication that the procurement statement of work was deficient, ambiguous or the prospective sellers failed to understand the requirements.

Incorrect

 

92. 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?

Correct

Bidder conferences allow prospective sellers and buyers to meet prior to submission of a bid. This ensures that all prospective sellers have a clear and common understanding of the procurement.

Incorrect

 

93. If you have an unresolved issue while working on a project, what is the best way to communicate that issue?

Correct

An issue log allows you to communicate, track, and resolve project issues.

Incorrect

 

94. Your manager has asked you to include the Human Resource Management Plan and the Schedule Management Plan in your Project Management Plan. Is this the appropriate place for these items?

Correct

These are subsidiary plans and should be included in the Project Management Plan.

Incorrect

 

95. On obtaining the project charter, the Project Manager of a project immediately starts acquiring the project team. Is this correct?

Correct

No, the project team is not acquired immediately after signing of the project charter. Acquisition of a project team starts with HR management planning in the planning process group, followed by the Acquisition of the team in the execution phase.

Incorrect

 

96. Your project schedule shows a 15 month finish, but your customer has just realized there is a regulatory requirement to complete the project by a certain date and insists this project must be finished in 12 months. Which of the following is the best approach?

Correct

Informing the customer of the impacts, then crashing cost and schedule is the best approach. Arbitrarily trimming estimates or scope without directly advising your customer is dishonest, while simply refusing to make a change is unprofessional.

Incorrect

 

97. What is the difference between a histogram and a Pareto chart?

Correct

A Pareto chart is a type of histogram where the causes are ordered by frequency

Incorrect

 

98. As a project manager, you are responsible for determining and delivering the required levels of both grade and quality. Select which of the following statements you disagree with.

Correct

The grade of a product relates to the technical characteristics of the product.

Incorrect

 

99. Which of the following processes produces a work breakdown structure as an output?

Correct

The Create WBS process produces the work breakdown structure of the project as an output.

Incorrect

 

100. Michael is managing a construction project. The project charter has been approved by the project sponsor. What should Michael do next?

Correct

Since the project charter has been approved, this marks the completion of the Develop Project Charter process. The second process from the initiating process group is the Identify Stakeholders process.

Incorrect

 

101. Most project management software packages use a method of constructing a project schedule network diagram known as:

Correct

PDM uses Nodes to represent Activities and connects the activities with Arrow to show dependencies. This is the most commonly used method by most project management software packages

Incorrect

 

102. When a negative unidentified risk occurs in a project, a response to it would be called:

Correct

A workaround is a response to a negative unplanned risk that has occurred. It differs from a contingency plan in that a workaround is not planned in advance of the occurrence of the risk event.

Incorrect

 

103. Martin is the project manager of a project that is in an early phase. He needs to estimate costs but finds that he has a limited amount of detailed information about the project. Which of the following estimation techniques would be least suited to his requirements?

Correct

Bottom-up estimating is a technique that can be applied only when there is a sufficient amount of detail available to the project manager.

Incorrect

 

104. If you had an experience with a particularly good or poor performing vendor, what is the correct way to document this experience for future projects?

Correct

A seller performance evaluation is created by the buyer and provides information about the seller's performance

Incorrect

 

105. John is managing a software development project for the first time. He is facing issues with scheduling meetings with the senior project managers at the company as they are extremely busy with their current assignments. John needs to understand what went right and wrong on previous similar projects so that he can manage his project better. In this situation, what should John do?

Correct

The business case and the project charter do not have information regarding previous similar projects. The best available option for John at the moment is to review the lessons learned from the past similar projects.

Incorrect

 

106. Which of these is not a tool or technique for the Control Procurements process?

Correct

Recommended corrective action is not a tool or technique in the Control Procurements process.

Incorrect

 

107. You are looking at various process improvement models. Which of the following is not a process improvement model?

Correct

Shewhart and Deming were quality management experts. The rest of the choices are process improvement models.

Incorrect

 

108. Before closing a contract, the project manager should:

Correct

Closing a contact should be done promptly after all contract work and deliverables are achieved. A procurement audit must be conducted prior to the closure of a contract.

Incorrect

 

109. Carole 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 Carole was presenting her project risks, the chairman suggested some preventive actions. What should Carole do first?

Correct

Any change to the project management plan must go through the formal change control. The first step to initiate this process is to produce a change request. Once that's done, the change request is analyzed, and if approved, incorporated to the project

Incorrect

 

110. A management control point where scope, budget, actual cost and schedule are integrated and compared to earned value for performance measurement is called a:

Correct

This is a Control Account. Control Accounts are placed at selected management points of the Work Breakdown Structure WBS

Incorrect

 

111. Which of the following best describes the Validate Scope process?

Correct

Scope Validation involves obtaining the stakeholders' formal acceptance of project deliverables.

Incorrect

 

112. As a project manager of a project, you are analyzing the costs which have incurred. Which of the following costs cannot be classified under 'Cost of non-conformance'

Correct

The Quality Assurance Costs are part of the cost of conformance. The cost of non-conformance includes the failure costs.

Incorrect

 

113. You are a consulting project manager with over 15 years experience running software development projects. You have been engaged to manage a finance application project for a new customer. However on the first day onsite at the customer's headquarters you are told the project has been cancelled, but there is a need for a project manager to manage a major infrastructure project to deploy a large number of servers and storage devices. The customer asks if you would be interested in leading this project. You have never managed this type of project before but would be interested in the challenge. Which of the follow is the best response?

Correct

The best response is to decline the project due to lack of experience or expertise in this area. The PMI code of ethics mandates that project managers only accept assignments that are consistent with their background, experience, skills, and qualifications.

Incorrect

 

114. A technical team can begin editing of a large document 15 days after they begin writing it. What kind of a dependency would this be represented as?

Correct

The relationship between the two tasks would be represented as a start-to-start with a lag of 15 days. A lag directs a delay in the successor activity.

Incorrect

 

115. While managing a project, you decide to prepare an email for the project stakeholders describing the current project status. This is best described as an example of:

Correct

The correct response is that an email is an example of an informal communication. Another example is an ad-hoc conversation. Reports, briefings are considered as formal communication.

Incorrect

 

116. During the execution of your project, you decide that you would like to have charts of your project status - cost and schedule, display certain key project data, and hold your project meetings in a specific conference room. Such a place would be called:

Correct

According to the PMBOK, a team meeting room is also called a war room.

Incorrect

 

117. The document that formally authorizes a project is the:

Correct

The document that formally authorizes a project is the Project Charter. It provides the project manager with formal authority to apply organizational resources to a project.

Incorrect

 

118. You are presented with a situation in a project where you need to measure the performance of the project. Which of these techniques would suit your requirement?

Correct

The Earned Value Technique measures performance of the project as it moves from initiation to closure.

Incorrect

 

119. Which of the following Project Scope Management processes documents a configuration management system?

Correct

Configuration management activities are documented as part of the requirements management plan which is an output of the Plan Scope Management process.

Incorrect

 

120. The stakeholders of a project typically have:

Correct

Stakeholder expectation management is a key responsibility of a project manager as they often have conflicting objectives.

Incorrect

 

121. A project was estimated to cost $ 200,000 with a timeline of 10 months. Due to a shipment delay, the schedule was slightly delayed. This was however made up by receiving the first batch of materials for the project by air. The net result was that there was some additional cost in the project. At the end of the second month, the Project Manager reviews the project and finds that the project is 20% complete and Actual Costs are $ 50,000. The Estimate to complete (ETC) for the project would now be:

Correct

The Budget at completion (BAC) = $ 200,000 (given). The Actual Cost (AC) = $ 50,000 (given). The Earned value (EV) = ( 2 /10 ) * 200,000 since 20% of the project is complete i.e. 2 months out of 10. Hence, Earned Value (EV) = $ 40,000. This is an instance of an atypical situation in the project. Late arrival of materials does not mean that all subsequent material will arrive late. Hence, the calculation used for ETC is: ETC = BAC - EV = $200,000 - $40,000 = $160,000.

Incorrect

 

122. As a project manager, where would you document the escalation process to resolve issues that cannot be resolved at a lower staff level?

Correct

The correct response is the Communications Management plan. The Communications Management Plan documents the escalation process.

Incorrect

 

123. While developing the project schedule, you find that the completion of a successor activity depends on the completion of its predecessor activity. What is this dependency called?

Correct

In a Finish-to-Finish dependency, the completion of the successor activity depends upon the completion of its predecessor activity

Incorrect

 

124. Which of the following is not a tool and technique of the Collect Requirements process?

Correct

The requirements traceability matrix is an output of the Collect Requirements process and not one of its tools and techniques.

Incorrect

 

125. You are planning out the communications methods to use as part of stakeholder management. The most effective means for communicating and resolving issues with stakeholders is:

Correct

Face to face meetings are interactive, and hence are the most effective means for communicating and resolving issues with stakeholders.

Incorrect

 

126. 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?

Correct

Changes should be made as early as possible in the process to avoid additional cost and delays. The influence of stakeholders is high at the start of the project and low towards the end.

Incorrect

 

127. Which of the following contains an extensive procurement changes approval process?

Correct

The procurement change process is a part of the Contract Change Control System.

Incorrect

 

128. A project manager found that some of the project work was not done at the right time and was done in an improper sequence. What do you think was the likely issue?

Correct

The Work Authorization System is a subsystem of the overall project management system. It is a collection of formal documented procedures that defines how work will be authorized to ensure that work is done by the identified organization at the right time.

Incorrect

 

129. A contract change control system should include:

Correct

Having a contract change control system will allow you to establish the procedures and process should you need to modify a contract. It contains paperwork, tracking systems, dispute resolution procedures, and approval levels necessary for authorizing changes.

Incorrect

 

130. A control chart is used to determine whether or not a process is stable or has predictable performance. When a process is within acceptable limits, the process need not be adjusted. What are the upper and lower control limits usually set as?

Correct

The upper / lower control limits are normally set at + / - 3 sigma.

Incorrect

 

131. Robert is currently identifying his project stakeholders. Which of the following is the key input to this process?

Correct

The stakeholder register is the output of the Identify Stakeholders process. Both the scope and cost management plans are developed during the planning phase of the project.

Incorrect

 

132. As part of a new project that you have just started on as project manager, you are putting together your team and find that one of the critical pieces of work requires a specialist from one of the functional departments. However, you are aware that the functional manager may not be very happy giving the resource to your project since your project is not a very high-profile one. Which of the following techniques will you need to apply:

Correct

The correct response is Negotiation. This is typically done on many projects. The project management team may need to negotiate with functional managers to ensure that the team receives appropriately competent staff in the required timeframe.

Incorrect

 

133. The Cost Management Plan is an output of the Plan Cost Management process. This plan is then integrated with other project plans in which of these processes?

Correct

The cost management plan is a component of the project management plan. Once the cost management plan is developed, it is integrated to the project management plan during the Develop Project Management Plan process.

Incorrect

 

134. The three categories into which contracts can be broadly classified are:

Correct

Broadly speaking, contracts can be classified as: 1. Fixed price (Firm Fixed Price, Fixed Price Incentive) 2. Cost reimbursable (Cost Plus Fixed Fee, Cost plus Incentive Fee, Cost Plus Award Fee) 3. Time and Material (T&M)

Incorrect

 

135. The Plan-Do-Check-Act (PDCA) cycle as the basis for Quality Improvement is generally attributed to:

Correct

The PDCA (plan-do-check-act) was defined by Shewhart and later modified by Deming.

Incorrect

 

136. For any complex project, once the project stakeholders are identified, the next step is to classify these stakeholders based on their current and desired engagement levels. What is the benefit of classifying the project stakeholders?

Correct

Stakeholder classification is not mandatory. For simpler projects with few stakeholders, stakeholder classification might not be necessary. Stakeholder classification is done when the number of stakeholders is high.

Incorrect

 

137. A ______ is a collection of projects or programs grouped together for strategic business needs.

Correct

A portfolio is the collection of projects or programs and helps facilitate efficient management.

Incorrect

 

138. In a Finish to Start relationship between predecessor and successor activities, a project manager decides to schedule a successor activity 5 days before its predecessor is complete. This is accomplished by providing 5 days of:

Correct

A lead allows an early start of the successor activity.

Incorrect

 

139. While managing a project, you decide to contract to an external enterprise. You enter into a contract where you pay the external enterprise a set amount (as defined by the contract), irrespective of the seller's costs. What would best describe this type of contract?

Correct

This is an example of a Firm-Fixed Price (FFP) contract.

Incorrect

 

140. Which of the following inaccurately describes a prototype?

Correct

Prototypes usually go through multiple feedback cycles after which the requirements obtained from the prototype are sufficiently complete to move to a design or build phase.

Incorrect

 

141. Which of the following is NOT a tool or technique of the Acquire Project Team process?

Correct

Conflict management is not a tool and technique of the Acquire Project Team process. The rest of the choices are valid tools and techniques of this process.

Incorrect

 

142. While the five process groups are typically completed in order, they often overlap with each other throughout the project. Which two process groups do not overlap unless a project is canceled?

Correct

Throughout the project, the different process groups often are conducted at the same time except for the initiating and closing, which are separated by the other three groups.

Incorrect

 

143. Lee is the project manager of a project and is planning responses to a set of risks. As a direct response of implementing this risk response, he anticipates certain other risks to arise. These would be termed as:

Correct

Secondary risks are those that arise as a direct response of implementing a risk response.

Incorrect

 

144. You have been identified as the project manager for constructing a large shopping mall in your city. Which of the following are not necessarily stakeholders in your project?

Correct

Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion.

Incorrect

 

145. A tool that provides a visual representation of human resource allocation to a project, number of working hours and availability on the project is a:

Correct

The correct response is Resource Histogram. This bar chart illustrates the number of hours that a project, department or entire project team will be needed each week or month over the course of the project.

Incorrect

 

146.  A project team is currently inspecting the recent project deliverables. The team is recording the number and the nature of defects found in these deliverables. The defect details list in this case is an example of?

Correct

Project measurements collected by the project team are the work performance data. Work performance information is the processed form of the work performance data.

Incorrect

 

147. Which of the following is least likely to be a project?

Correct

Regular updates of the company website is an operational activity and is clearly not a project. 'Responding to a contract solicitation' and 'Running a campaign' are clearly projects. The endeavor lasting for ten years cannot be ruled out as a project.

Incorrect

 

148. What does it mean if the Earned Value is equal to Actual Cost?

Correct

CV = EV - AC. If the EV is equal to the AC then there is no cost variance on the project.

Incorrect

 

149. Your project sponsor has asked you to add 30% contingency to your project budget as a hedge against any unforeseen costs that could exceed the currently forecasted expenses, but has not provided any additional detail about why this is required. What do you do?

Correct

You should ask the sponsor to explain the risks that are driving this request before proceeding. The PMI code of ethics and Professional Conduct mandates that the project manager always provide accurate information.

Incorrect

 

150. Steve is the project manager of a global project. He finds that of late, there has been a deterioration in the quality of communication between various team members across the globe. What would you term this?

Correct

Anything that interferes with the transmission and understanding of a message is termed as noise. Distance would be such an example, as in the case of global teams.

Incorrect

 

151. 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:

Correct

The correct response is Design of Experiments.

Incorrect

 

152. In a project, Activity A has a duration of 4 days and begins on the morning of Monday the 4th. The successor Activity, B, has a Finish-to-Start (FS) relationship with A. The Finish-to-Start relationship has 2 days of lag, and Activity B has a duration of 3 days. If Saturday and Sunday are non working days, which of the following statements is true?

Correct

Activity A has a duration of 4 days and completes by end of the day on Thursday, 7th. There is a 2 day lag and since Saturday and Sunday are non-working, Activity B can begin only on Tuesday, 12th. Activity B has a duration of 3 days and completes by end of the day on Thursday 14th.

Incorrect

 

153. Analogous Cost Estimating is which of the following?

Correct

Analogous cost estimating is generally deemed less accurate than other methods of estimation.

Incorrect

 

154. What is the BEST way to make an accurate forecasting of ETC?

Correct

Manual forecasting of costs for remaining work is generally the best means of generating an accurate forecast.

Incorrect

 

155. Which of the following is not a valid instance of Risk Transference?

Correct

A Cost reimbursable contract does not transfer risk to the seller, rather, the risk is with the buyer. Risk Transference involves shifting the negative impact of a risk, along with the ownership of the response, to a third party

Incorrect

 

156. Under which of the following scenarios would you not use a Decision tree?

Correct

You would use a Decision Tree when uncertainty and unknowns exist regarding future scenarios and their outcomes; not when future scenarios are known.

Incorrect

 

157. A project's financial management reserve is identified in which process:

Correct

The Management Contingency Reserve is identified in the Determine Budget process.

Incorrect

 

158. Which of these is not a component of the scope baseline that is contained in the project management plan?

Correct

Project requirements documentation is used as an input to define the project's scope baseline. However, the requirements documentation is not a part of the scope baseline.

Incorrect

 

159. John has been assigned to design a new car model for a well-known car manufacturer. The project has a small number of key stakeholders and John is planning to meet all of them in person in order to understand their requirements and expectations. Which of the following is not a project key stakeholder?

Correct

Project stakeholders are people or organizations who are affected by the outcome of the project. Key stakeholders are the project stakeholders that are actively involved in the project and are in a decision-making role.

Incorrect

 

160. 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?

Correct

Design of Experiments is a statistical method that helps identify which factors may influence specific variables of a product or process under development or in production. It is a tool in the quality planning process.

Incorrect

 

161. You are about to contract out a project to a service provider. However, at the time of awarding the contract, you are not sure of the total effort involved. Since the scope of work cannot be accurately estimated, you want to agree the per unit rates for difference services. Which of the following would best suit your purpose?

Correct

This type of a project situation calls for a Time & Material type of contract. The contract will be open ended since the effort is not completely known. However, the unit rates will be negotiated and agreed upon for a particular resource category.

Incorrect

 

162. The Identify Stakeholders process has four inputs. Three of them are project charter, enterprise environmental factors and organizational process assets. What is the fourth one?

Correct

The Identify Stakeholders process has four inputs: project charter, procurement documents, enterprise environmental factors and organizational process assets.

Incorrect

 

163. As part of your staffing management plan, you have developed a chart indicating the # of hours (Y axis) a senior programmer will be working over the months (X axis) of the project. This is an example of what?

Correct

A chart representing hours and the time the position, department, company will be working on the project is an example of a resource histogram.

Incorrect

 

164. Which of the following is a control tool that helps the project management team quantify and categorize defects according to sources?

Correct

A Pareto Diagram helps the management team quantify and categorize defects.

Incorrect

 

165. As part of EVM, a project manager is calculating the to-complete performance index (TCPI) based on EAC. The data that he has is: the budget at completion for the project is $ 100,000. The earned value for the project is $ 25,000. The actual costs to date are 40,000 and the estimate at completion is $ 115,000. What is the TCPI that he will obtain?

Correct

TCPI based on EAC = (BAC-EV)/(EAC-AC) = (100000 - 25000) / (115000 - 40000) = 75000/75000 = 1

Incorrect

 

166. The Budget at Completion (BAC) for a project is $50,000. The Actual Costs (AC) to date are $10,000. The Earned Value (EV) is $7,000. At this stage, the project management team did a manual bottom-up summation of costs and forecast an Estimate to Complete (ETC) of $50,000. What is the Estimate at Completion (EAC) for the project?

Correct

When a bottom-up manual forecasting has been done for the ETC, the calculation for EAC is given by: EAC = AC + bottom-up ETC Hence, EAC = 10,000 + 50,000 = $60,000. Note that the BAC is no longer viable at this stage.

Incorrect

 

167. Your Vice President has asked you what the Estimate at Completion is going to be for a small project you are working on. You were given a budget of $30,000, and to date you have spent $20,000 but only completed $10,000 worth of work. You are sure that the future work will be accomplished at the planned rate.

Correct

If the future work will be accomplished at the planned rate, then then Estimate at Completion (EAC) will be AC+BAC-EV. Budget at Completion (BAC) is $30,000, Earned Value (EV) is $10,000 and Actual Cost (AC) is $20,000. Hence the EAC is $40,000.

Incorrect

 

168.  You have just sat through an exhausting change control meeting discussing a change in scope to the project you have been working on for the last 7 months. After lengthy discussion the change in scope was approved. As the Project Manager you should now update all of the following documentation, EXCEPT:

Correct

It is the project scope statement and not the project charter that should be updated. The project charter only contains the high-level requirements and high-level project description.

Incorrect

 

169. You work at a software company that authors Material Safety Data Sheets (MSDS) for chemical companies. Prior to releasing the MSDS to the company you have created a list of items to be reviewed to see that they appear on the document such as: chemical name, CAS#, protection required, what to do an emergency, etc. This is an example of what type of tool?

Correct

The scenario describes a checklist that someone would use to review the document prior to it being released. Creating checklists is a tool in the Plan Quality Management process.

Incorrect

 

170. A project team is required to prepare a monthly project update report for the project key stakeholders. This report must contain the current status of the deliverables, information related to the recently approved change requests, project's health and the forecasted estimates. This report is an example of?

Correct

Producing a monthly report by the project team is neither expert judgment nor a milestone. The report being discussed is an information pack for the key stakeholders detailing the project's health. This report is an example of work performance information.

Incorrect

 

171. You the project manager responsible for building a 100,000 sq. ft. data center. One of the schedule activities in your plan is to install the Computer Room Air Conditioning (CRAC) units, however in order to start the installation of the units the raised floor in the data center must be completely installed first, so the units have something to be bolted on to. This is an example of what type of dependency?

Correct

This is an example of a mandatory dependency, since the units will be bolted to the raised floor.

Incorrect

 

172. Which of these is accurate regarding the Develop Schedule process?

Correct

The accurate statement regarding the Develop Schedule process is that the critical path method is a schedule network analysis technique that is performed using the schedule model. The rest of the statements are not accurate.

Incorrect

 

173. A new CEO has come into your company and has promptly shut down your project because it no longer met the business needs of the company. While not pleased with the decision, you document the level and completeness of the project to date. What activity or process is this part of?

Correct

Documenting the completeness of the project to date in case of premature termination of a project is an activity under the Close Project or Phase process.

Incorrect

 

174. When a project is performed under contract, the contractual provisions will generally be considered as _____________ for the project.

Correct

When a project is performed under contract, the contractual provisions are generally considered as constraints for the project as they are the limiting factors.

Incorrect

 

175. The Manage Project Team process is part of what process group?

Correct

The Manage Project Team process is part of the Executing process group.

Incorrect

 

176.  You are attempting to estimate the resources required to put the server racks together in the new data center you are building. It has occurred to you that you may be able to compress the schedule if you look at using power tools vs. hand tools to build the racks and use individuals who have worked on this brand of rack in the past. This is an example of what type of resource estimating tool?

Correct

In this scenario you are looking for alternative ways to compress the schedule by using experienced resources and power tools instead of hand tools. This is an example of alternative analysis.

Incorrect

 

177. A project is contracted as a Time & Material (T&M) type of contract. The service provider initially estimates that the total effort involved would be about 1000 hours of effort. The project is contracted at a rate of US$ 75 per hour of effort. If the project ended up with 1200 hours of effort, what would the contract payout be.

Correct

The correct answer is US$ 90,000. Since this is a T&M contract, the contract is open-ended in value. Hence the contract value is the actual effort multiplied by the agreed rate = US$ 75 1200 = US$ 90,000.

Incorrect

 

178.  A project is contracted as a Cost-Plus-Incentive-Fee (CPIF) type of contract. The project is negotiated such that if the final costs are less than expected costs, the sharing formula for cost savings for buyer & seller is 75:25. The targeted cost is US$ 100,000 with an 8% incentive fee on the targeted cost. If the project comes in at US$ 80,000, what would be the cost of the total contract?

Correct

The correct answer is US$ 93,000. The calculation is as follows: Incentive fee based on budgeted costs = 8% of 100,000 = 8,000 Actual costs = 80,000 Share of cost savings = 25% of 20,000 = 5,000 (since the cost savings is 100,000 - 80,000) Hence the cost of the total contract is 80,000+8,000+5,000.

Incorrect

 

179.  Organizations strongly influence the project framework. The PMBOK Guide recognizes which of the following types of organizations?

Correct

Both projectized and functional organizations are formally recognized terms for organizations in the PMBOK guide.

Incorrect

 

180. During a work breakdown structure meeting you have decomposed the deliverables into work packages and created your WBS dictionary. However, you now want to decompose the work packages to assist you in estimating, executing and control the project. These decomposed work packages are called?

Correct

Activities represent the effort needed to complete a work package and are an output of the Define Activities process. During this process, the work packages are further decomposed into project activities.

Incorrect

 

181. Nancy has recently taken over a website development project. The project is already in execution and half of the project work has been completed. Nancy finds out that the stakeholder register does not contain any information about key stakeholders from the buyer of the product. What is the potential root cause of this issue?

Correct

Identifying key stakeholders is a very crucial process that is carried out during the project initiation.

Incorrect

 

182. One of the configuration management activities in the project involved capturing, storing and reporting configuration information needed to manage products and product information. This is known as:

Correct

The correct response is configuration status accounting.

Incorrect

 

183. The paint on the exotic cars that are manufactured in your plant is bubbling after about a year of application. What would be the BEST tool for your team to use to find potential causes of the peeling paint?

Correct

All the choices are tools/techniques in quality control, however the BEST choice would be the Ishikawa or Cause and Effect diagram.

Incorrect

 

184.  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?

Correct

A SWOT Analysis chart would be the best choice. SWOT is an acronym for strengths, weakness, opportunities and threats.

Incorrect

 

185. You are in charge of constructing the Ferris wheel in each town a carnival visits. However, this is something you have never done before and you are getting different opinions from others on how long it takes. Joe, is new and has given you what you believe to be an optimistic estimate of 3 hours, Bill says it will take 10 hours, which seems too long to you and quite pessimistic. Lastly, Margie, who is the most experienced at this task is telling you it will take 8 hours. You are not sure who to believe, so you decide to do a PERT estimation, based on this you have determined it will take how many hours to assemble the Ferris wheel.

Correct

The PERT formula is Estimate= (Optimistic + (Most Likely *4) + Pessimistic)/6

Incorrect

 

186. Rosemary is the project manager at a pharmaceutical company. She begins her day by analyzing her team's work requirements. She then assigns daily tasks to her team members over a centralized project management information system that then generates automatic task assignment notifications for the team members. Which of the following types of communication methods has been selected by Rosemary?

Correct

According to the PMBOK guide, emails and memos are informal communication. These are created by the author and then pushed on to the readers

Incorrect

 

187. There are two activities on your schedule, which are: 1) Install server in lab 2) Move server into the data center. However, the second task can't start until the server has run in the lab for 5 days without failure. This is an example of what?

Correct

A Lag is a modification of a logical relationship that directs a delay in a successor activity. In this case, there is a 5 day delay before the server can be moved into the data center.

Incorrect

 

188.  You just found out that a major subcontractor for your project consistently provides deliverables late. The subcontractor approaches you and asks you to continue accepting late deliverables in exchange for a decrease in project costs. This offer is an example of:

Correct

In this scenario both parties are giving up something, this is an example of compromise.

Incorrect

 

189. You have just been assigned a project with an unrealistic deadline. What do you do?

Correct

It is the project manager's responsibility to push back against any unrealistic project deadlines. The PMI Code of Ethics and Professional Conduct requires project managers to stand up for the project and adhere to all project processes.

Incorrect

 

190. You are in the execution stage of your project and you have been informed that "corporate" will be sending in a team of consultants to review whether your project activities comply with company's and PMI's policies, standards and procedures. This is an example of?

Correct

Any activity that is a structured and independent review to examine the project is an example of a Quality Audit. A quality audit is a quality assurance tool

Incorrect

 

191. A change request that is issued to bring the performance of the project back in line with the project management plan is related to:

Correct

A change request that is issued to bring the performance of a project back in line with the project management plan relates to a required corrective action.

Incorrect

 

192. When developing your project schedule, you have asked everyone to provide a list of planned vacations over the next 3 months and you have applied this into the tasks that each person is responsible for. This is an example of what tool?

Correct

Resource calendars indicate when resources can work on the project.

Incorrect

 

193. You are managing an oil drilling project. With oil at $143 per barrel this could be a very lucrative project. However, there is a chance that the price of oil will drop below $105 per barrel, thus eliminating the profit in the project. This is an example of:

Correct

The uncertainty of the oil price is a project risk and this can positively or negatively affect the project. The rest of the choices are incorrect.

Incorrect

 

194. To control the schedule, a project manager is re-analyzing the project to predict project duration. This is done by analyzing the sequence of activities with the least amount of flexibility. What technique is being used?

Correct

The critical path of a project is the series of activities that have the least amount of float (flexibility).

Incorrect

 

195. Jim's project is in execution. The cost management plan and the project budget were approved by all key stakeholders during the planning phase of the project. Recently, the finance manager of the company has notified Jim that his project funding might suffer as another higher priority project has been initiated by the company. Jim is surprised as his project was also a high priority project for the company. What should Jim immediately do?

Correct

Jim needs to discuss the issue in detail with the project sponsor and the finance manager. The first goal is to negotiate the funds as the project is also a high priority project for the company.

Incorrect

 

196. You have a schedule activity that can be delayed without delaying the early start date of any subsequent activities. This is an example of?

Correct

The question given is the definition of free float.

Incorrect

 

197. You are working on a project where a negative risk has occurred. However, you have no contingency plan for this risk. You call a meeting and a solution is devised to change the workflow until a permanent solution can be implemented. This is an example of?

Correct

A response to a negative unplanned risk is called a workaround

Incorrect

 

198. Your company is way behind schedule in the deployment of a government mandated change to a health care processing system that must be in production by the end of the year. You and your team have met and decided to hire an additional 50 programmers to work with the existing staff on the activities in order to meet the due date. This is an example of what?

Correct

Crashing is a specific type of project schedule compression technique performed by taking action to decrease the total project schedule duration. Typical approaches for crashing a schedule include reducing activity durations and increasing the assign

Incorrect

 

199. Calculation of late finish dates and late start dates for the uncompleted portion of the project is called____________.

Correct

Calculation of late finish dates and late start dates for the uncompleted portion of the project is called a backward pass.

Incorrect

 

200. A project manager has decided to use a decision tree to make a build or upgrade analysis. The build requires an investment of $ 200 M (where M represents million). On the build decision branch, there is a 60% probability of strong demand (yielding a revenue of $ 400 M) and a 40% probability of weak demand (yielding a revenue of $150 M). What is the expected monetary value (EMV) of the build?

Correct

The payoff for the strong demand scenario is: $ 400 M - $ 200 M = $ 200 M (since the initial investment is $ 200 M). The payoff for the weak demand scenario is: $ 150 M - $ 200 M = - $ 50 M. Hence the EMV is computed as: (0.6 x  200) + (0.4 x  -50).

Incorrect