Full Length PMP Simulation Test 2
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A ______ is a collection of projects or programs grouped together for strategic business needs.
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Portfolio
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Management System
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Enterprise
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Array
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Full Length PMP Simulation Test 2 assesses knowledge in project management, focusing on prototype building, network diagrams, budget analysis, and cost estimation. It prepares learners for PMP certification by testing critical skills and decision-making in realistic project scenarios.
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- 2.
The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:
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An S-curve
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An inverted S curve.
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Pie-chart
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A Z curve
Correct Answer
A. An S-curveExplanation
A - The correct response is 'S' curve. The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of: an S curve and is developed by summing estimated costs by period.Rate this question:
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- 3.
A project manager colleague of yours is currently working under contract on a short term project. He has expressed some concerns about finding work after the project ends. The project he is working on is currently ahead of schedule and he expects they will finish a month sooner than initially expected. What advice would be appropriate to provide him?
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Slow down work on the project to have it finish on schedule.
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Continue the work within the project's scope and possibly finish ahead of schedule.
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Exaggerate his experience to the sponsor to try to get a project manager position for him on other upcoming projects.
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Inform the client the project is behind schedule and it will have to be extended.
Correct Answer
A. Continue the work within the project's scope and possibly finish ahead of schedule.Explanation
B - It would be appropriate to advise him to continue the work within the project's scope as scheduled. Project managers have a responsibility to act in a truthful and complete manner. Continuing the scheduled work with no hidden slow downs fulfills the responsibility of the project manager to the profession and their client. It is unfortunate that this action will result in your colleague being without a job a month earlier than anticipated but their reputation and the reputation of other project management professionals will be upheld.Rate this question:
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- 4.
What are the three-point estimates used during the Estimate Activity Duration process?
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High probability, Low probability, Most likely
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Best-case, Worst-case, Mean
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Most likely, Most dangerous, Average
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Most likely, Optimistic, Pessimistic
Correct Answer
A. Most likely, Optimistic, PessimisticExplanation
D - Most likely, optimistic, and pessimistic are the three-point estimates used during the Estimate Activity Duration process.Rate this question:
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- 5.
At which stage, in a typical project, do stake holders have maximum influence?
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Middle stage
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Influence is similar at all stages
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Final stage
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Initial stage
Correct Answer
A. Initial stageExplanation
D - Stakeholders typically have the most influence during the initial stages of a project.Rate this question:
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- 6.
Which process group corresponds to the “do” part of the plan-do-checkact cycle?
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Closing
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Monitoring and Controlling
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Planning
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Executing
Correct Answer
A. ExecutingExplanation
D - The "Executing" process group corresponds with the "do" portion of the PDCA cycle.Rate this question:
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- 7.
A project manager is about to start on a new project. Where would he find details about his authority level in the project?
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The Organization HR manual
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The Project Charter
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The PMBOK
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The Scope statement
Correct Answer
A. The Project CharterExplanation
B - The project charter contains details of the assigned project manager and authority level. It provides the project manager the authority to apply organizational resources to project activities.Rate this question:
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- 8.
The five process groups should be done in the correct order to achieve maximum results. What is the correct order for the process groups?
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Planning, Monitoring and Controlling, Initiating, Executing, Closing
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Planning, Initiating, Executing, Monitoring and Controlling, Closing
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Initiating, Monitoring and Controlling, Planning, Executing, Closing
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Initiating, Planning, Executing, Monitoring and Controlling, Closing
Correct Answer
A. Initiating, Planning, Executing, Monitoring and Controlling, ClosingExplanation
D - These process groups should be done in the correct order to obtain maximum results: Initial, Planning, Executing, Monitoring and Controlling, and Closing.Rate this question:
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- 9.
Your company is holding their annual employee get together. This year 123 employees have attended. Let’s assume that each employee had a brief conversation with each of the other employees. How many conversations took place?
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15,006
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123
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7,503
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15,129
Correct Answer
A. 7,503Explanation
The formula to calculate communication channels (or in this case “conversations”) is n * (n-1) / 2. Therefore you calculate 123 * (123 - 1) / 2 = 7,506Rate this question:
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- 10.
Your company has a very elaborate project selection method. You use multiple factors to determine if a project will be undertaken. Which of the following factors would not be part of this system?
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Internal Rate of Return
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Present value
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Pareto Analysis
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Benefit Cost Ratio
Correct Answer
A. Pareto AnalysisExplanation
The Pareto Analysis cannot be used in project selection. It is an excellent tool to show distribution but has nothing to do with the problem at hand.Rate this question:
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- 11.
PMBOK recognizes five process groups typical of almost all projects. Which of the following is not one of them?
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Executing
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Monitoring and Controlling
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Planning
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Time Management
Correct Answer
A. Time ManagementExplanation
D - Time Management is not a process group. It is one of the knowledge areas.Rate this question:
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- 12.
You are 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. This is an example of what type of precedence relationship?
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Finish to Finish
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Start to Finish
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Start to Start
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Finish to Start
Correct Answer
A. Finish to StartExplanation
D - The successor activity, in this case the installation of the CRAC units, can't be started until the raised floor in the data center is finished (i.e., the units need to sit on the floor), therefore this is an example of a finish to start relationship.Rate this question:
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- 13.
The project managers have maximum authority in which type of organization?
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Weak Matrix
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Strong Matrix
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Functional
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Balanced Matrix
Correct Answer
A. Strong MatrixExplanation
B - A Strong Matrix organization provides project managers with the most authority.Rate this question:
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- 14.
The Plan-Do-Check-Act (PDCA) cycle as the basis for Quality Improvement is generally attributed to:
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Deming
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Crosby
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Juran
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Pareto
Correct Answer
A. DemingExplanation
A - The correct response is Deming.Rate this question:
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- 15.
Using the Benefit Cost Ratio, which of the following projects do you select?
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Project Gold with a BCR of 0.9
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Project Silver with a CBR of 0.9 and cost of $100,000
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Project Diamond with a cost of $100,000 and benefits of $110,000
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Project Platinum with a BCR of 1.2
Correct Answer
A. Project Platinum with a BCR of 1.2Explanation
The higher the BCR the better. Project Platinum has the highest BCR of 1.2 and should be selected if you rely only on the BCR. Here is why: Project Gold has a BCR of 0.9, so it is clearly less than Project Platinum’s 1.2.
Project Silver has a CBR of 0.9 and a Cost of 100,000. We cannot compare a CBR to a BCR. We have to first calculate its BCR. This is a two step process: First you have to calculate the benefits by dividing the cost by the ratio: 100,000 / 0.9 = 111,111. Now you calculate the BCR by dividing the benefits by the cost: 111,111 / 100,000 = 1.11. Now we see that project Silver has a BCR of 1.11 which is less
than Project Platinum’s 1.2.
Project Diamond doesn’t give us the BCR. So we have to calculate it by dividing the benefits by the cost: 110,000 / 100,000 = 1.1. Now we see that project Diamond has a BCR of 1.1 which is less than Project Platinum’s 1.2.Rate this question:
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- 16.
Your 8-person team is getting support from 2 external consultants. How many communication channels are added by hiring these consultants?
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2
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8
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16
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17
Correct Answer
A. 17Explanation
To find the answer you have to subtract the communication channels of an 8- person team from those of a 10-person team.
8-person team = n * (n-1) / 2 = 8 * (8-1) / 2 = 8 * 7 / 2 = 28 channels
10-person team = n * (n-1) / 2 = 10 * (10-1) / 2 = 10 * 9 / 2 = 45 channels
And the difference is 45 - 28 = 17.Rate this question:
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- 17.
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?
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SWOT Analysis
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Interviewing
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Delphi Technique
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Brainstorming
Correct Answer
A. SWOT AnalysisExplanation
A - A SWOT Analysis chart would be the best choice. SWOT is an acronym for strengths, weakness, opportunities and threats.Rate this question:
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- 18.
The three categories into which contracts can be broadly classified are:
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Cost-Reimbursable, Time and Material, Cost plus fixed fee
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Fixed Price, Cost-Reimbursable and Lump Sum
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Fixed Price, Cost-Reimbursable , Time and material.
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Fixed Price, Time and Material, Lump Sum
Correct Answer
A. Fixed Price, Cost-Reimbursable , Time and material.Explanation
C - 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)Rate this question:
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- 19.
Lucy is a project manager involved in the Estimate Costs process in the initiation phase of a project. Given the limited detail available to her, what would you expect the range of her estimate to be and what would you call such an estimate?
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-25 to +25 %, Rough Order of Magnitude
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-10 to +10 %, Budgetary
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-1 to +1 %, Definitive
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-50 to +50 %, Rough Order of Magnitude
Correct Answer
A. -50 to +50 %, Rough Order of MagnitudeExplanation
D - During the initial stages of the project, the level of information available will be limited. Hence the Rough Order of Magnitude (ROM) estimate is usually prepared and has an accuracy range of -50 to +50 %Rate this question:
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- 20.
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 $50,000 - $150,000. This is an example of?
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Completion Estimate
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Original Estimate
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Rough Order of Magnitude Estimate
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Approximate Estimate
Correct Answer
A. Rough Order of Magnitude EstimateExplanation
C - A ROM estimate is given in the beginning of a project and is defined as +/- 50% of the estimated cost.Rate this question:
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- 21.
During your weekly status reports you are reporting the earned value for the project this information is important to you and the stakeholders to gauge the progress of the project. What process is the cost and schedule control part of?
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Project Closure
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Perform Integrated Change Control
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Direct and Manage Project Execution
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Monitor and Control Project Work
Correct Answer
A. Monitor and Control Project WorkExplanation
D - The earned value technique is a tool and technique for managing and controlling the project.Rate this question:
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- 22.
You have been asked to provide a somewhat accurate estimate, but not to spend much money generating the estimate, for a project to create material safety data sheets (MSDS) for a chemical company. This is project is similar to one that your company closed last year, so you have decided to gather the project team members from the previous project to discuss and come up with an estimate for your management team. This is an example of what type of estimating?
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Expert
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Analogous Estimating
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Bottom Up
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Parametric Estimating
Correct Answer
A. Analogous EstimatingExplanation
B - The estimate used expert judgment (past team members), costs from an old project and didn't spend a much money getting the estimate is an example of analogous estimating.Rate this question:
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- 23.
Which of these is not a component of the scope baseline that is contained in the project management plan?
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Work Breakdown Structure (WBS)
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Stakeholder register
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WBS Dictionary
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Project Scope Statement
Correct Answer
A. Stakeholder registerExplanation
B - The Stakeholder register is not a component of the scope baseline. It contains all details about identified stakeholders.Rate this question:
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- 24.
Which of the Project Time Management processes involves identifying and documenting dependencies between schedule activities?
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Sequence Activities
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Define Activities
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Develop Schedule
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Control Schedule
Correct Answer
A. Sequence ActivitiesExplanation
A - Sequence Activities is the process of identifying and documenting dependencies between schedule activities.Rate this question:
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- 25.
Rolling wave planning is a form of:
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Regressive Elaboration
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Expert Judgment
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Progressive Elaboration
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Historical Analysis
Correct Answer
A. Progressive ElaborationExplanation
C - Rolling wave is a form of progressive elaboration planning where the near term work is planned in detail and the work for the far future is planned at much higher level. As the project progresses, the subsequent milestones are planned in greater and greater detail.Rate this question:
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- 26.
You are working in the US, but have outsourced programming to India and structural engineering to people in Australia. The project doesn't have the budget to bring all the team together, so you will be relying on e- mail, fax, video conference and chat to work together. This is an example of?
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Global Team
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Virtual Team
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Cross Functional Global Team
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Diverse Team
Correct Answer
A. Virtual TeamExplanation
B - Any team that doesn't meet face to face, but relies on electronic communications, is an example of a virtual team.Rate this question:
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- 27.
Project stakeholders are individuals and organizations that are actively involved in the project or have an interest in it. Which of these is a likely stakeholder?
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Budget Director
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Public Relations Manager
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Project Sponsor
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Fund Manager
Correct Answer
A. Project SponsorExplanation
C - The Project Sponsor is the most obvious stakeholder.Rate this question:
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- 28.
The project charter should be authorized by the ______
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Operations manager
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Project team
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Project manager
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Project sponsor
Correct Answer
A. Project sponsorExplanation
D - The project charter is authorized by the project sponsor or initiator who is usually external to the project.Rate this question:
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- 29.
Although not a separate process in the Project Cost Management knowledge area, the cost management plan is created as a part of what?
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Develop Project Management Plan process
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Management Contingency Reserve
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Reserve Analysis
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Cost Variance
Correct Answer
A. Develop Project Management Plan processExplanation
A - The activities to create the cost management plan are part of the Develop Project Management Plan process.Rate this question:
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- 30.
PV = 100, EV = 105, BAC = 400, AC = 102, CV = 3, ETC = 300, EAC = 407. How much is the Actual Cost?
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100
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102
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7
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2
Correct Answer
A. 102Explanation
The answer to this question can be found right in the question. It states that “AC = 102”, therefore Actual Cost has to be 102. This question is trying to throw you off by giving you way too much information.Rate this question:
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- 31.
Your quality assurance team is doing a review of a process. They find that the process used the following cycle times: 45sec, 49sec, 48sec, 50sec, 52sec, 49sec, 48 sec, 50sec, 46sec. How do you calculate the mean?
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Mean = n * (n-1) /2
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Mean = (Pessimistic - Optimistic) / 6
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Mean = (45 + 49 + 48 + 50 + 52 + 49 + 48 + 50 + 46) / 9
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Mean = √sum (45 + 49 + 48 + 50 + 52 + 49 + 48 + 50 + 46) / 9
Correct Answer
A. Mean = (45 + 49 + 48 + 50 + 52 + 49 + 48 + 50 + 46) / 9Explanation
In mathematics, an average refers to a measure of the "middle" of a data set. The most common method is the arithmetic mean. That is why the “Average” is sometimes also and simply called the “Mean”. As such the question asks you to calculate the average of the times given. This is calculated as follows: the sum of all the members of the list divided by the number of items in the list.Rate this question:
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- 32.
You recently installed a new PMIS tool that also allows you to perform Earned Value Analysis. The tool gives you the following EV data: EV = 231,000, PV = 261,000, AC = 256,000. Which of the following do you expect to see in your PMIS tool?
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CV = -25,000 , SV = +30,000
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CV = -25,000 , SV = -30,000
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CV = +25,000 , SV = +30,000
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CV = +25,000 , SV = -30,000
Correct Answer
A. CV = -25,000 , SV = -30,000Explanation
You have to apply the formulas for CV and SV as follows:
CV = EV - AC = 231,000 - 256,000 = -25,000
SV = EV - PV = 231,000 - 261,000 = -30,000Rate this question:
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- 33.
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?
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Crashing
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Lead
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Fast Track
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Lag
Correct Answer
A. LagExplanation
D - 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.Rate this question:
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- 34.
Accepted deliverables are an input to the Close Project or Phase process. These deliverables would have been accepted through which of the following processes?
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Verify Scope
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Perform Quality Control
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Accept Scope
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Perform Quality Assurance
Correct Answer
A. Verify ScopeExplanation
A - Accepted Deliverables are those that have been accepted through the Verify Scope process.Rate this question:
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- 35.
The Manage Project Team process is part of what process group?
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Closing
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Planning
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Executing
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Monitoring and Controlling
Correct Answer
A. ExecutingExplanation
B - The Manage Project Team process is part of the Executing process group.Rate this question:
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- 36.
An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:
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Exploit the impact.
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Mitigate the risk
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Share the risk
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Avoid the risk
Correct Answer
A. Exploit the impact.Explanation
A - Three strategies to deal with risks with potentially positive impacts on project objectives are to exploit, share or enhance the opportunity.Rate this question:
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- 37.
Pierre is a project manager who has just finished a project. This project yielded less than desirable results. Which of the following is an important activity that Pierre must conduct with key internal and external stakeholders?
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Lessons learned session
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Project party
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Fault-finding session
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360 degree session
Correct Answer
A. Lessons learned sessionExplanation
A - The correct response is Lessons Learned Sessions. Lessons learned provide future project teams with the information that can increase effectiveness and efficiency of project management.Rate this question:
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- 38.
Which of the following is not one of the Knowledge Area processes?
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Procurement management
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Integrations management
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Communications management
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Execution management
Correct Answer
A. Execution managementExplanation
D - Execution management is not a knowledge area. Note that execution is a process group.Rate this question:
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- 39.
You have just returned from the weekly change control board meeting where you presented the requested changes to the employee move project. You had five change requests approved, however one rejected request. These are outputs of what process?
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Expert Judgment
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Change Control Board
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Project Management Methodology
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Perform Integrated Change Control
Correct Answer
A. Perform Integrated Change ControlExplanation
D - Approved and rejected change requests are outputs of the Perform Integrated Change Control process.Rate this question:
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- 40.
Organizations strongly influence the project framework. Which of the following are recognized types of organizations?
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Projectized, Functional
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Strong Matrix, Organic
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Weak Matrix, Pre-existing
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Functional, Transactional
Correct Answer
A. Projectized, FunctionalExplanation
A - Both projectized and functional are formally recognized terms for organizations.Rate this question:
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- 41.
You are 8 months into a project and you have been given a new resource due to an employee resigning. After a couple weeks on the job, the new resource indicates it isn't clear to him what exactly he should be accomplishing. While this is disturbing to you as the PM, you decide to give him a document that contains detailed descriptions of work packages. What document did you give him?
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Project Scope Management Plan
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Activity List
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WBS Dictionary
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Project Charter
Correct Answer
A. WBS DictionaryExplanation
C - The WBS dictionary can include contract information, quality requirements and technical references. All the other documents would help the individual, but not give him an exact idea of what he needs to accomplish.Rate this question:
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- 42.
Alan is the project manager of a project with 6 stakeholders. If the number of stakeholders goes up to 8, how many additional channels does he have to manage?
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2
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14
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13
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28
Correct Answer
A. 13Explanation
C - The formula to calculate the number of channels is n*(n-1)/2 where n is the number of stakeholders. In the original situation, with 6 stakeholders, the no. of channels is 6 * (6 - 1) / 2 = 30 / 2 = 15 In the new situation, with 8 stakeholders, the no. of channels is 8 * (8 - 1) / 2 = 56 / 2 = 28. Hence the additional number channels to manage is = 28-15 = 13Rate this question:
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- 43.
Cause and Effect diagrams are used to illustrate how various factors might be linked to potential problems or effects. They are also called:
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Taguchi diagrams
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Pareto diagrams
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Ishikawa diagrams
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Process diagrams
Correct Answer
A. Ishikawa diagramsExplanation
C - Cause and Effect diagrams are also called Ishikawa diagramsRate this question:
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- 44.
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:
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Acquisition
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Coercion
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Politics
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Negotiation
Correct Answer
A. NegotiationExplanation
D - 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. They may also need to negotiate with other project management teams.Rate this question:
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- 45.
Your project team has 25 members. You have a monthly “All hands” meeting and in the past 3 months you have had the following attendance: January 21 attendees, February 16 attendees, March 23 attendees. What is the mean attendance?
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16
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20
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23
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60
Correct Answer
A. 20Explanation
In mathematics, an average refers to a measure of the "middle" of a data set. The most common method is the arithmetic mean. That is why the “Average” is sometimes also and simply called the “Mean”. It is calculated by taking the sum of all the members of the list divided by the number of items in the list. In our question here this is calculated as follows: 21 + 16 + 23 / 3 = 20.Rate this question:
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- 46.
Which of the following is your estimate for the work that has been finished on the project so far?
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PV
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SV
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EV
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CPI
Correct Answer
A. EVExplanation
Earned Value (EV) is the estimated amount (usually in a currency) for the work that has been completed on a project.Rate this question:
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- 47.
Your project has a CV of -200. This means:
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Your project is under budget
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Your SPI is also negative
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Your project is above budget
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CV cannot be negative and there must be an error in the calculation
Correct Answer
A. Your project is above budgetExplanation
CV is calculated CV = EV - AC. Therefore, a negative Cost Variance means that you have spent more Actual Cost than you have Earned Value. Thus you are spending more than is coming in and you are over budget.Rate this question:
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- 48.
You have received the following values from your statistical sampling: 80, 83, 85, 90, 82, 88, 90, 91, 94, 79. What is the mean of this number set?
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10
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86.5
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90
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86.2
Correct Answer
A. 86.2Explanation
“Mean” is another term for “Average”. To calculate the mean (or average) you take the sum of all the members of the list divided by the number of items in the list: (80+83+85+90+82+88+90+91+94+79) / 10 =86.2Rate this question:
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- 49.
You have been assigned a project where you are responsible for building a condo complex in a resort town. The project is expected to take 2 years to complete. During your work breakdown structure meeting you have decomposed many deliverables into work packages and schedule activities, however there are some work packages that will be occurring a year from now, so you have elected not to decompose those deliverables and work packages at this time. This is an example of what tool and/or technique?
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Project Scope Evolution
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Delayed Planning
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Rolling Wave Planning
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Time Delayed Decomposition
Correct Answer
A. Rolling Wave PlanningExplanation
C - The correct answer is rolling wave planning. Rolling wave planning is a form of progressive elaboration and is used when the project management team does not have enough information for a phase or deliverable that will occur quite a long way into the future.Rate this question:
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Mar 10, 2013Quiz Created by
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