3. You will be overseeing a project to develop a smartphone application. While analyzing your project, you identify that there is a 55 percent probability of making $120,000, a 45 percent probability losing $55,000. What does $41,250 represent in this case ?

2.All the following statements concerning procurement documents are incorrect, EXCEPT :

While reviewing one of the activities of team member, you found out that the activity has an early start of days 5, an early finish of day 12, a late start of day 15, and a late  finish of 22 day. The team member tells you that he needs an additional four days to complete the activity due to various reasons he can think of. Which one of the following statements is TRUE ?

8. You asked one of your team member about the schedule variance (SV) for one of the key deliverables. He mentioned that he is behind the schedule but there would not be a cost variance. Which of the following is NOT true in this case ?

6. At your project, EV = $130,500 ; PV = $125,000 ; and AC = $129,000. Which one the following statement is true ?

1. All the following statements about change control are incorrect, EXCEPT :

6. The team has identified several mitigation and contingency action plans to deal with potential risks within the project. Who is responsible for implementing the actions defined by mitigation and the contingency plan in risk management ?

Which one of the following is TRUE about power of the project managers in different organizational structure ?

Which one of the following is NOT true about the Define Scope process ?

6. You were asked by your management to investigate the cause of severe cost overrun in the one of the project that was completed last year. You found out that a certain contract was used in project that is considered to be very risky for the buyer as it does not encourage the seller to control costs; rather, it motivates the seller to be inefficient. What sort of contract was used in the project ?

Which of the following normally provides the summary milestone schedule ?

1 . All of the following forms of power derivied from the project manager's position, EXCEPT :

What is the meaning of Perform Integrated Change Control

When should the Validate Scope process be done ?

Which of the following  process group serve as input to each other ?

9. As a project manager, you are trying to decide the trade-offs between quality and grade in your project. Which one of the following is correct with respect to a product or a service performed ?

As a project manager for a major data center upgrade at your company headquarters, the sponsor has handed you a project charter. What should you do next as the first step ?

2, When a product or service completely meets customer's requirements :

3. You have thirteen stakeholders in the construction project that you are overseeing. Your initial study about these stakeholders tells you most of them will  actively support your project to be successful, but you have couple of stakeholders who may adversely impact your project. When do you think these stakeholders will have the most influence on your project ?

You are managing a group of related or unrelated projects or programs and other work and achieve specific strategic business objectives and goals. You are a................

1. A project manager has a problem with a team member's performance. What is the BEST form of communication for addressing this problem ?

2. A project had a list of identified risks. This list was the risks register. Where can one find the high-level risk ?

A project's approved budget is $250,000 and planned budget to date is $150,000. What will be the Schedule Variance when Schedule Performer Index is 0.8 ?

2. You have just been assigned as project manager for a large telecommunications project. This one year project is about halfway done. The project team consists of 5 sellers and 20 of your company's employees. You want to understand who is responsible for doing what on project. Where would you find such information ?

The scope baseline, which consists of the scope statement document, the WBS, and the WBS dictionary, is used as an input in all of the following processes EXCEPT :

You are overseeing a data center project, the team members have finished creating WBS and WBS dictionary also completed activity sequencing and submitted their activity duration estimates to you. Recently, you developed the project schedule. What should you be focusing on next ?

3. You are in the project manager of a construction project that will take six months to complete and will cost $75,000 / month. At the end of third month, you are asked to find out the cumulative SPI for the project. While reviewing, you found that you have spent $80,000 in the first month, $72,000 in the second month, and $75,000 in the third month. And also found that project was 15% complete at the end of 1st month, 35 % complete at the end of 2nd month, 45 % complete at the end of 3rd month. If you planned to complete 50% of the work by this time, what is the cumulative SPI at the end of month three ?

4. A project manager has six stakeholders during requirement gathering phase but the number increase to eleven in the design phase. How many additional channels communication were added at design phase ?

2. The primary purpose of the stakeholder register is :

9. You  have been managing a multi-year construction project for one of your most important clients. You requested your lead business analyst to develop a reports that will capture project results for last four years and illustrate whether project performance is improving or deteriorating. You are interested in which of the following reports ?

In this kind of phase-to-phase relationship, the subsequent phase may begin before the previous phase is completely finished although but it may increase risk and result in some rework.

6. A project manager is in the process of making relevant information available to project stakeholders in a timely manner as planned. The project manager is involved in which of the following processes ?

4. Which of the following assess someone's current engagement level in a project ?

5. Monitoring specific project result to determine if they comply with relevant quality standards and identifying ways to eliminate causes of inadequate result is :

1 . Which of the following is driven by the organization's risk tolerance ?

Which one of the following process group consists of iterative and ongoing processes to establish the total scope of effort, to define the project the objectives, and to identify the course of action required to attain those objectives ?

3. Which one of the following is NOT true about a cost reimbursable contract ?

9. A project  manager is in Develop Project Team process focusing on enhancing project performance by building a sense of team and improving competencies, team interaction, and overall team environment. While referring to Tuckman's model, she notices that the greatest level of conflict in the five different stages of team building is most likely to appear in which of the following stages :

Which of the following is true regarding the project charter ?

4. Cost associated with inspection, laboratory measurements and analysis, machinery maintenance and calibration, field-testing, and procedure checking are examples of which of the following ?

5. You just identified a new external risk during the executing phase that may impact your project positively. What is your first step ?

6. Which of the following should be included in the project charter ?

Which of the following is NOT a typical characteristic of a project management office (PMO) ?

Which one of following PMO structure mostly provides guidelines, policies, and templates and requires compliances and usually has a moderate level of control over projects and programs ?

A project just initiated under a contract in your organization, and you were assigned as the project manager. You were expecting a statement of work (SOW), which will describe the business need, product scope, and other elements. In this case, from whom should you expect the SOW ?

Which one of the following is FALSE about change management in a project ?

As a project manager at a consulting firm and recently received a statement of work (SOW) from the client. As your expectation, the SOW should contain or reference which of the following elements ?

7. Which of the following is the process of documenting project purchasing decisions, specifying the approach, defining selection criteria to identify potential sellers, and putting together a procurement management plan ?

2. A Cost Performance Index (CPI) of 0.89 means :

10. On a product development project , which is taking a totally new approach to product development unprecedented in the industry, what would be the BEST way to develop quality management plan ?

All of the following will occur during project initiating EXCEPT :

8. A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and high schedule constraints. The project manager just found out that one of the key deliverables in the project was not completed because the team member responsible dor it was assigned to another higher-priority project by her functional manager. Who will be the person for the project manager to address the issue with this kind of situation ?

While working with your team members on activity sequencing, a team member identifies that a series of activity sequencing method may be utilized in this situation ?

In which process group does the team track, measure, inspect, monitor, verify, review, compare, and regulate the progress and performance of the project; ensure that plan is working; identify any areas in which changes to the plan are required; and initiate the corresponding changes ?

1.  A CPI value of 1.20 and an SPI value of 1.30 for a project mean which of the following ?

8. A project manager overseeing an ERP implementation project planned to distribute large volumes of information about the project to a large audience. He decided to post the information in an online knowledge repository for access at dicreation of stakeholders. This type of communication method is known as :

if the optimistic estimate for an activity is 12 days, and the pessimistic estimate is 18 days, what is the standard deviation of this activity ?

Which of the following is NOT a tool and technique used in the Define Scope process ?

1 . Which of the following is NOT a tool used to manage the stakeholder engagement ?

10. You were informed by management that an external audit team will be auditing your project to make sure that the project complies with standard organizational project management policies and procedures. During the audit, the key auditor wants to review the training plan for the team members as well as their certification requirements. You should refer the auditor to which of the following ?