Full Length PMP Simulation Test 2

200 Questions

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PMP Quizzes & Trivia

Attempt all 150 questions in 3 hours.


Questions and Answers
  • 1. 
    Your sponsor would like to know how long it takes to build the prototype on your project. He tells you that a similar project last year produced a prototype in 28 days. Your engineer tells you that the design of the prototype will take anywhere from 25 to 45 days and based on the design changes he thinks it will probably be close to about 32 days. What is the weighted average of the numbers that you have received?
    • A. 

      31 days

    • B. 

      32 days

    • C. 

      33 days

    • D. 

      34 days

  • 2. 
    The activity “Ship Container” in your network diagram has an early start of day 17, a late start of day 22 and a late finish of day 37. What is the activity duration?
    • A. 

      15 days

    • B. 

      16 days

    • C. 

      59 days

    • D. 

      14 days

  • 3. 
    Your project has a CV of -200. This means:
    • A. 

      Your project is under budget

    • B. 

      Your SPI is also negative

    • C. 

      Your project is above budget

    • D. 

      CV cannot be negative and there must be an error in the calculation

  • 4. 
    After the last project meeting your sponsor has asked you to give her a new estimate of the cost at the end of the project. This is because during the meeting it was found that so much has gone wrong until now, that the numbers are probably off. It is expected, that from now on things will progress normally. You gather all the necessary numbers from your PMIS. Which formula will you use to create the expected total cost of the project?
    • A. 

      EAC = BAC/CPI

    • B. 

      EAC = AC+ETC

    • C. 

      EAC = AC+BAC-EV

    • D. 

      ETC = EAC-AC

  • 5. 
    Your project is budgeted at £500,000 with a schedule duration of 8 months. You are currently at the end of month 4 and you know that you are £20,000 ahead of schedule. Your estimated earned value is £350,000. How much of the project budget is complete?
    • A. 

      70%

    • B. 

      42%

    • C. 

      5%

    • D. 

      50%

  • 6. 
    You are the project manager of the Sterling project. The goal is to explore 2 possible new products for your company. Over €150,000 have been spent on this exploratory project. Market studies with focus groups show that there is a need for both products. However, your sponsor is worried that you are only 60% finished and that the current ETC tells you that another €175,000 is required to finish. What should you do?
    • A. 

      Stop the project because you are over budget

    • B. 

      Ignore the sunk cost in the decision making process

    • C. 

      The SPI is positive, therefore we can continue

    • D. 

      Defer the decision to the project control board

  • 7. 
    PV = 100, EV = 105, BAC = 400, AC = 102, CV = 3, EAC = 390. How much is the VAC?
    • A. 

      205

    • B. 

      10

    • C. 

      3

    • D. 

      -10

  • 8. 
    PV = 100, EV = 105, BAC = 400, AC = 102, CV = 3, ETC = 300. How much is the EAC if the variances from the BAC are expected to continue at the same rate?
    • A. 

      388

    • B. 

      402

    • C. 

      397

    • D. 

      400

  • 9. 
    You are planning a speed networking event. The idea is to bring 50 top executives from local companies who don’t know each other together into one room and give them 3 minutes to talk with each other and then move on to the next person in the room. At the end of the event each attendee will have spoken to each of the other attendees. Speed networking begins at 5pm. When will it end?
    • A. 

      About 20 hours later

    • B. 

      At 7:27pm

    • C. 

      At 7:30pm

    • D. 

      About 40 hours later

  • 10. 
    PV = 100, EV = 105, BAC = 400, AC = 102, CV = 3, ETC = 300, EAC = 407. The ETC is given as 300. However, how much would the Estimate to Complete be if we assume that current variances are thought to be atypical?
    • A. 

      298

    • B. 

      300

    • C. 

      305

    • D. 

      295

  • 11. 
    PV = 100, EV = 105, BAC = 400, AC = 102, CV = 3, ETC = 300, EAC = 407. How much is the Actual Cost?
    • A. 

      100

    • B. 

      102

    • C. 

      7

    • D. 

      2

  • 12. 
    Inspection shows that roughly 72% of your products are produced defect free. What sigma level is this?
    • A. 

      1 Sigma

    • B. 

      2 Sigma

    • C. 

      3 Sigma

    • D. 

      4 Sigma

  • 13. 
    You are the project manager of the Gutenberg project. One major activity in this project is the purchase of a printing press at a cost of CHF 2,500,000. The printing press has an expected life of 25 years but it will only be used for the project for 5 of these. Using straight line depreciation, what is the value of the printing press at the end of its usage for the project?
    • A. 

      CHF 500,000

    • B. 

      CHF 1,500,000

    • C. 

      CHF 2,000,000

    • D. 

      CHF 2,500,000

  • 14. 
    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?
    • A. 

      10

    • B. 

      86.5

    • C. 

      90

    • D. 

      86.2

  • 15. 
    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?
    • A. 

      15,006

    • B. 

      123

    • C. 

      7,503

    • D. 

      15,129

  • 16. 
    Your project has an SPI of 1.1 and a CPI of 0.9. What does this mean?
    • A. 

      We are over budget and ahead of schedule

    • B. 

      We are ahead of schedule but under budget

    • C. 

      We are over budget and behind schedule

    • D. 

      We are behind schedule and under budget

  • 17. 
    Your friend Joe is planning to retire 20 years from today. He is investing $200,000 in a long-term investment at 3.5%. How much will this money be worth in 20 years?
    • A. 

      $399,757

    • B. 

      $401,627

    • C. 

      $379,597

    • D. 

      $397,957

  • 18. 
    Your customer is asking you for a preliminary estimate. Your numbers show that the project will most likely cost DKK 100,000. What number will you give to your customer?
    • A. 

      DKK 100,000

    • B. 

      DKK 75,000 - 150,000

    • C. 

      DKK 85,000 - 150,000

    • D. 

      DKK 95,000 - 110,000

  • 19. 
    Your company owns an asset with an original value of $1,000. This asset will be depreciated using the double declining balance method over the period of 5 years. What is the dollar value of the annual depreciation in year 2?
    • A. 

      $400

    • B. 

      $144

    • C. 

      $240

    • D. 

      $86.40

  • 20. 
    The activity “Pack Container” in your network diagram has an early start of day 12, a late start of day 15, a duration of 3 and a late finish of day 17. What is the total float of this activity?
    • A. 

      1 day

    • B. 

      2 days

    • C. 

      3 days

    • D. 

      4 days

  • 21. 
    Using the Benefit Cost Ratio, which of the following projects do you select?
    • A. 

      Project Gold with a BCR of 0.9

    • B. 

      Project Silver with a CBR of 0.9 and cost of $100,000

    • C. 

      Project Diamond with a cost of $100,000 and benefits of $110,000

    • D. 

      Project Platinum with a BCR of 1.2

  • 22. 
    Your company owns an asset with an original value of $1,000. This asset will be depreciated using the double declining balance method over the period of 5 years. What is the percentage of the annual depreciation in year 2?
    • A. 

      20%

    • B. 

      $240

    • C. 

      40%

    • D. 

      $140

  • 23. 
    Your 8-person team is getting support from 2 external consultants. How many communication channels are added by hiring these consultants?
    • A. 

      2

    • B. 

      8

    • C. 

      16

    • D. 

      17

  • 24. 
    Your company owns an asset with an original value of $5,000. This asset will be depreciated using the Sum-of-Years' Digits Method over the period of 5 years. What is the depreciation rate in year 2?
    • A. 

      20%

    • B. 

      40%

    • C. 

      2/15th

    • D. 

      4/15th

  • 25. 
    Your designer has given his resignation. This means that you will be losing him and your team size (including yourself) will go from 12 to 11 people. How many fewer communication channels do you personally have on your project?
    • A. 

      1

    • B. 

      10

    • C. 

      11

    • D. 

      12

  • 26. 
    Your customer is asking for an order of magnitude estimate. What numbers do you give him, assuming that your bottom up estimate gave you a project cost of approximately CHF 200,000?
    • A. 

      CHF 170,000 to CHF 300,000

    • B. 

      CHF 110,000 to CHF 300,000

    • C. 

      CHF 190,000 to CHF 220,000

    • D. 

      CHF 180,000 to CHF 250,000

  • 27. 
    Assuming a 3% interest rate, which of the following projects would you select?
    • A. 

      Project Gold with a total of 213,000 profit at the end of year 4

    • B. 

      Project Silver with a total of 97,000 profit at the end of year 1

    • C. 

      Project Bronze with a total of 128,000 profit at the end of year 2

    • D. 

      Project Leather with a total of 168,000 profit at the end of year 3

  • 28. 
    Calculate the Point of Total Assumption on the following contract: Target Cost: 1,000,000; Target Profit: 100,000; Target Price: 1,200,000; Ceiling Price: 1,450,000; Share Ratio: 80% buyer–20% seller for overruns, 60%–40% for underruns.
    • A. 

      1,452,500

    • B. 

      2,250,000

    • C. 

      1,312,500

    • D. 

      1,550,000

  • 29. 
    You have just been assigned to a new project that is very similar to the previous one. One particular task on the previous project took 146 days to finish. You are doing a top down estimate of the new project and you estimate that the same task on the new project will take at least 138 and at maximum 157 days. What is the variance of this estimate?
    • A. 

      3.16 days

    • B. 

      146.5 days

    • C. 

      64.8 days

    • D. 

      10.2 days

  • 30. 
    You have received the following estimates from vendors: Vendor 1: €75,000, Vendor 2: €65,000, Vendor 3: €93,500, Vendor 4: €82,000, Vendor 5: €94,000. What is the median estimate that you have received?
    • A. 

      £81,900

    • B. 

      5

    • C. 

      £94,000

    • D. 

      £82,000

  • 31. 
    Your company has a small staff and due to resource constraints not all projects that are proposed can be undertaken. There are two new projects that have been proposed. Project Gold will take 1.5 years and will bring a profit of around €290,000 at the end of year 2. Project Silver will take 1 year and reduce internal cost by €270,000 by the end of year 4. Assuming a 3% interest rate, which of the following is true?
    • A. 

      These projects are exactly equal in benefits.

    • B. 

      Project Gold has a PV that is about €33,000 higher than Project Silver

    • C. 

      Project Silver is more attractive than Project Gold and should be undertaken

    • D. 

      Project Silver has a PV that is about €25,000 higher than Project Gold

  • 32. 
       AC = 105, EV = 100, PV = 97, CV = -5. How much is the Schedule Variance?
    • A. 

      1.03

    • B. 

      -3

    • C. 

      3

    • D. 

      8

  • 33. 
    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?
    • A. 

      Mean = n * (n-1) /2

    • B. 

      Mean = (Pessimistic - Optimistic) / 6

    • C. 

      Mean = (45 + 49 + 48 + 50 + 52 + 49 + 48 + 50 + 46) / 9

    • D. 

      Mean = √sum (45 + 49 + 48 + 50 + 52 + 49 + 48 + 50 + 46) / 9

  • 34. 
    How much is the Estimate to Complete?
    • A. 

      ETC = 30,000, when EAC = 100,000 and AC = 70,000

    • B. 

      ETC = 120,000, when BAC = 100,000 and EV = 20,000

    • C. 

      ETC = 110,000, when BAC = 125,000 and EV = 25,000 and CPI = 1.1

    • D. 

      ETC = 70,000, when BAC = 100,000 and AC = 30,000

  • 35. 
    You estimate that a task will take anywhere from 60 - 70 days to complete. Assuming that you estimated towards 3 sigma, how certain are you about this duration?
    • A. 

      68.26%

    • B. 

      95.46%

    • C. 

      99.73%

    • D. 

      99.99%

  • 36. 
    Your earned value analysis shows the following values: EV = 90,000, ETC = 100,000, EAC = 190,000, PV = 110,000, AC = 90,000. Which of the following is true?
    • A. 

      The project is ahead of schedule and on budget

    • B. 

      The project is on schedule and below budget

    • C. 

      The EAC is incorrect

    • D. 

      The project is behind schedule and on budget

  • 37. 
    What is the EMV of the following event? Probability (Impact in $) 0.5(-8,000) 0.2(-7,000) 0.2(-4,500) 0.1(2000)
    • A. 

      2,000

    • B. 

      -8,000

    • C. 

      -6,100

    • D. 

      -4,500

  • 38. 
    Your Project has the following 4 tasks:  Task A starts at the beginning of the project and has a duration of 2 days  Task B starts after the completion of task A and has a duration of 3 days  Task C starts after the completion of task A and has a duration of 7 days  Task D starts after the completion of both tasks B and C and has a duration of 4 days   What is the critical path on your project?
    • A. 

      7 days

    • B. 

      10 days

    • C. 

      13 days

    • D. 

      16 days

  • 39. 
    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?
    • A. 

      CV = -25,000 , SV = +30,000

    • B. 

      CV = -25,000 , SV = -30,000

    • C. 

      CV = +25,000 , SV = +30,000

    • D. 

      CV = +25,000 , SV = -30,000

  • 40. 
    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?
    • A. 

      Internal Rate of Return

    • B. 

      Present value

    • C. 

      Pareto Analysis

    • D. 

      Benefit Cost Ratio

  • 41. 
    Your company is constructing a new just in time manufacturing facility in Puerto Rico. This facility will be producing 3,000 bicycles every day. The raw materials are delivered to the facility on standard pallets, each taking up 1m2 (one square meter) of space. Every day approximately 500 pallets will be delivered to the facility. You have asked four local companies to submit their offers for constructing this new manufacturing facility. If you had to pick a vendor based on just the following information, which one would you choose?
    • A. 

      Company A: 8,000 m2 of production space and 500 m2 of pallet storage

    • B. 

      Company B: 8,000 m2 of production space and 250 m2 of pallet storage

    • C. 

      Company C: 8,000 m2 of production space and 150 m2 of pallet storage

    • D. 

      Company D: 8,000 m2 of production space and 0 m2 of pallet storage

  • 42. 
    EV = 105 and SPI = 0.9375. How much is the Schedule Variance (SV)?
    • A. 

      Cannot be calculated based on these numbers

    • B. 

      -7

    • C. 

      -6

    • D. 

      7

  • 43. 
    You work in the PMO of a mid-sized company. Your PPM tool shows that there are currently 3 new projects waiting for selection. They are Project Stone with an NPV of ¥15,000,000, Project Paper with an NPV of ¥17,000,000 and Project Scissors with an NPV of ¥13,000,000. You present these 3 projects at the monthly project selection board meeting. After initial discussion it was immediately decided that Project Scissors will not be pursued at all. At this point a lengthy discussion begins about the benefits of both Project Stone and Project Paper. After 45 minutes the CEO asks you: “What is the opportunity cost of selecting Project Stone instead of Project Paper?” What is your answer?
    • A. 

      ¥17,000,000

    • B. 

      ¥15,000,000

    • C. 

      -¥2,000,000

    • D. 

      ¥2,000,000

  • 44. 
    You are in the procurement process for a high-tech product that is needed for your current project. You have sent out an RFP to several vendors and you expect a target price of about £10,000. The first estimate has arrived this morning. You open the envelope and you see that the vendor is offering the product to you at a cost of £9,500 - £11,000. What type of estimate have you received from this vendor?
    • A. 

      Preliminary Estimate

    • B. 

      Definitive Estimate

    • C. 

      Order of Magnitude Estimate

    • D. 

      Final Estimate

  • 45. 
    You are 3 months into a 9 month project. The project is progressing as planned and you expect no major problems in the foreseeable future. Your PMIS is reporting the following values: BAC = 500,000, SPI = 1.1, CPI = 1.05, EV = 173,000, AC = 164,761. How much is the EAC?
    • A. 

      491,761

    • B. 

      454,545

    • C. 

      189,761

    • D. 

      476,190

  • 46. 
    What information does the EAC contain?
    • A. 

      The cost of the work to be performed to finish the project

    • B. 

      The value of the work that has already been performed

    • C. 

      The cost of the work that was completed

    • D. 

      The expected total cost of our project once it is finished

  • 47. 
    When a project is performed under contract, the contractual provisions will generally be considered as _____________ for the project.
    • A. 

      Constraints

    • B. 

      Exclusions

    • C. 

      Deliverables

    • D. 

      Provisions

  • 48. 
    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?
    • A. 

      Project Scope Evolution

    • B. 

      Delayed Planning

    • C. 

      Rolling Wave Planning

    • D. 

      Time Delayed Decomposition

  • 49. 
    A process that states how formal verification and acceptance of the completed project deliverables will be obtained is documented in the:
    • A. 

      Scope Management plan

    • B. 

      Procurement Management plan

    • C. 

      Project Body of Knowledge

    • D. 

      Communications Management Plan\\

  • 50. 
    Which of the following is not one of the Knowledge Area processes?
    • A. 

      Procurement management

    • B. 

      Integrations management

    • C. 

      Communications management

    • D. 

      Execution management

  • 51. 
    A technique that uses a project model to translate the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project is called:
    • A. 

      Probabilistic analysis

    • B. 

      Theoretical Analysis

    • C. 

      Simulation

    • D. 

      Effect Analysis

  • 52. 
    PMBOK recognizes five process groups typical of almost all projects. Which of the following is not one of them?
    • A. 

      Executing

    • B. 

      Monitoring and Controlling

    • C. 

      Planning

    • D. 

      Time Management

  • 53. 
    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?
    • A. 

      Completion Estimate

    • B. 

      Original Estimate

    • C. 

      Rough Order of Magnitude Estimate

    • D. 

      Approximate Estimate

  • 54. 
    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 and PMI policies, standards and procedures. This is an example of?
    • A. 

      Quality Audit

    • B. 

      Organizational Process Assets

    • C. 

      Process Analysis

    • D. 

      Recommended Corrective Actions

  • 55. 
    You will be reporting to management, for the week of 07/15, that your project has an EV of $7700 and a PV of $9600. What is the status of your project?
    • A. 

      Ahead of Schedule

    • B. 

      On schedule

    • C. 

      Not enough information provided

    • D. 

      Behind Schedule

  • 56. 
    You are working with your team and are looking at the cost risks in the project. For risks with no cost risk they have assigned a value of .05, for risks that will impact cost less than a 10% increase they have assigned a value of .1. For an increase to cost greater than 10% they have assigned a value of .2. With these values the team can build what qualitative risk analysis tool output?
    • A. 

      Decision Tree Analysis

    • B. 

      Expected Monetary Analysis

    • C. 

      Probability and Impact Matrix

    • D. 

      Modeling and Simulation

  • 57. 
    You are working with your team and are looking at the cost risks in the project. For risks with no cost risk they have assigned a value of .05, for risks that will impact cost less than a 10% increase they have assigned a value of .1. For an increase to cost greater than 10% they have assigned a value of .2. With these values the team can build what qualitative risk analysis tool output?
    • A. 

      Decision Tree Analysis

    • B. 

      Expected Monetary Analysis

    • C. 

      Probability and Impact Matrix

    • D. 

      Modeling and Simulation

  • 58. 
    You have your project team members record the time they spend on different activities during the day such as: programming, electrical, HVAC, etc. This is an example of a tool and technique in what process?
    • A. 

      Distribute Information

    • B. 

      Plan Communications

    • C. 

      Report Performance

    • D. 

      Manage Project Team

  • 59. 
    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?
    • A. 

      Project Closure

    • B. 

      Perform Integrated Change Control

    • C. 

      Direct and Manage Project Execution

    • D. 

      Monitor and Control Project Work

  • 60. 
    At which stage, in a typical project, do stake holders have maximum influence?
    • A. 

      Middle stage

    • B. 

      Influence is similar at all stages

    • C. 

      Final stage

    • D. 

      Initial stage

  • 61. 
    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:
    • A. 

      Forcing

    • B. 

      Smoothing

    • C. 

      Confronting

    • D. 

      Compromise

  • 62. 
    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?
    • A. 

      Crashing

    • B. 

      Lead

    • C. 

      Fast Track

    • D. 

      Lag

  • 63. 
    Which technique among the following will help to improve decision making and isis often used to reduce cost and execution time and to improve the quality and performance of the project deliverable?
    • A. 

      Project Engineering (PE)

    • B. 

      Cost Engineering (CE)

    • C. 

      Efficiency Engineering (EE)

    • D. 

      Value Engineering (VE)

  • 64. 
    Project Cost Management is primarily concerned with the cost of resources need to complete schedule activities. From a broader point of view, it is also concerned with the effect of project decisions on using, maintaining and supporting the product, service or result of the project. This is referred to as:
    • A. 

      Life cycle costing

    • B. 

      Post-project costing

    • C. 

      Comprehensive project costing

    • D. 

      Project cycle costing

  • 65. 
    One of the configuration management activities in the project involved capturing, storing and accessing configuration information needed to manage products and product information. This is known as:
    • A. 

      Configuration status accounting

    • B. 

      Configuration auditing

    • C. 

      Configuration verification

    • D. 

      Configuration reporting

  • 66. 
    You and your team have diligently been working on a project over the past 2 years and yesterday you met with the Operations area to turn over the production system to the Operations team. You came back from the meeting with signed formal documentation indicating the project was completed to specifications and the deliverables have been officially turned over to production for ongoing maintenance. This is an example of what?
    • A. 

      Contract Closure

    • B. 

      A new project for Operations

    • C. 

      Sign-off documentation

    • D. 

      Project or phase closure documentation

  • 67. 
    • A. 

      7 hours

    • B. 

      21 hours

    • C. 

      8 hours

    • D. 

      5 hours

  • 68. 
    You are assigned to prepare the Procurement Management Plan for a project that involves setting up an org-wide Supply chain management system. You are looking for a guideline on what type of contracts you can use and what type of contract forms are to be used for this project. Which source will help you obtain this?
    • A. 

      Each project is unique so you will need to prepare the necessary documentation for this.

    • B. 

      Department process repository.

    • C. 

      Organizational Process Assets.

    • D. 

      Integrated project Plan.

  • 69. 
    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?
    • A. 

      Defect Repair Review

    • B. 

      Ishikawa Diagram

    • C. 

      Control Chart

    • D. 

      Inspection

  • 70. 
    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?
    • A. 

      Slow down work on the project to have it finish on schedule.

    • B. 

      Continue the work within the project's scope and possibly finish ahead of schedule.

    • C. 

      Exaggerate his experience to the sponsor to try to get a project manager position for him on other upcoming projects.

    • D. 

      Inform the client the project is behind schedule and it will have to be extended.

  • 71. 
    You are meeting with your team, early in the project, and would like to address all the strengths, weakness, opportunities and threats the project is facing. What tool should be used?
    • A. 

      SWOT Analysis

    • B. 

      Interviewing

    • C. 

      Delphi Technique

    • D. 

      Brainstorming

  • 72. 
    • A. 

      Expert Judgment

    • B. 

      Change Control Board

    • C. 

      Project Management Methodology

    • D. 

      Perform Integrated Change Control

  • 73. 
    Which process group corresponds to the “do” part of the plan-do-checkact cycle?
    • A. 

      Closing

    • B. 

      Monitoring and Controlling

    • C. 

      Planning

    • D. 

      Executing

  • 74. 
    As part of the Define Scope process, a project manager documented the specific project assumptions associated with the project scope in the project scope statement. While reviewing this document, an experienced project manager pointed out that the project manager should also document:
    • A. 

      The date on which the assumption becomes invalid.

    • B. 

      The assigned responsibility for each of the assumptions.

    • C. 

      The potential impact of the assumptions if they proved to be false.

    • D. 

      An Assumption Management Plan.

  • 75. 
    Which of the following is not accurate about the initial phase of a project?
    • A. 

      The highest uncertainty is at this stage of the project

    • B. 

      The cost associated at the beginning of the project is highest

    • C. 

      Stake holders have maximum influence during this phase

    • D. 

      None of these statements are accurate

  • 76. 
    Accepted deliverables are an input to the Close Project or Phase process. These deliverables would have been accepted through which of the following processes?
    • A. 

      Verify Scope

    • B. 

      Perform Quality Control

    • C. 

      Accept Scope

    • D. 

      Perform Quality Assurance

  • 77. 
    You are responsible for measuring the errors in the paint process for the exotic cars that are manufactured at the plant where you work. Your control limits were set previous to your measurement and you found that 95.46% of the paint samples were in the acceptable range, this is an example of?
    • A. 

      1 Sigma

    • B. 

      3 Sigma

    • C. 

      2 Sigma

    • D. 

      6 Sigma

  • 78. 
    The Manage Project Team process is part of what process group?
    • A. 

      Closing

    • B. 

      Planning

    • C. 

      Executing

    • D. 

      Monitoring and Controlling

  • 79. 
    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?
    • A. 

      Top Down Estimating

    • B. 

      Bottom Up Estimating

    • C. 

      Alternative Analysis

    • D. 

      Published Estimating Data

  • 80. 
    Organizations strongly influence the project framework. Which of the following are recognized types of organizations?
    • A. 

      Projectized, Functional

    • B. 

      Strong Matrix, Organic

    • C. 

      Weak Matrix, Pre-existing

    • D. 

      Functional, Transactional

  • 81. 
    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?
    • A. 

      Work Packages can't be decomposed into smaller units

    • B. 

      Activities

    • C. 

      Milestones

    • D. 

      Tasks

  • 82. 
    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?
    • A. 

      Finish to Finish

    • B. 

      Start to Finish

    • C. 

      Start to Start

    • D. 

      Finish to Start

  • 83. 
    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 is 75:25. The targeted cost is US$ 100,000 with an 8% incentive fee. If the project comes in at US$ 80,000, what would be the cost of the total contract?
    • A. 

      US$ 108,000

    • B. 

      US$ 93,000

    • C. 

      US$ 112,000

    • D. 

      US$ 91,400

  • 84. 
    A new CEO has come into your company and 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?
    • A. 

      Close Project or Phase

    • B. 

      Close Procurements

    • C. 

      Control Scope

    • D. 

      Lessons learned

  • 85. 
    Which of these is accurate regarding the Develop Schedule process?
    • A. 

      Schedule flexibility is measured by the positive and negative difference between early and late dates

    • B. 

      The critical path method is a schedule network analysis technique that is performed using the schedule model

    • C. 

      Schedule compression shortens the project schedule while changing the project scope

    • D. 

      Schedule network analysis is a technique that is derived from the project schedule

  • 86. 
    You are analyzing the risk in a project and decide to do Sensitivity analysis to determine which risks have the most potential impact on the project. You look at a tool to help compare the relative importance of variables that have a high degree of uncertainty to those that are more stable. One such tool is:
    • A. 

      S-tree analysis

    • B. 

      Lightning Curve

    • C. 

      Risk Curve

    • D. 

      Tornado Diagram

  • 87. 
    Stakeholders have vested interest in the outcome of the project. Which of the following is a role of a stakeholder?
    • A. 

      Project variable

    • B. 

      Risk owner

    • C. 

      Resource contributor

    • D. 

      Cost reporting

  • 88. 
    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?
    • A. 

      External

    • B. 

      Required

    • C. 

      Discretionary

    • D. 

      Mandatory

  • 89. 
    You are a project manager arranging for some interviewing techniques to be applied. This would not apply to which of the following Project Risk Management processes?
    • A. 

      Perform Qualitative Risk Analysis

    • B. 

      Perform Quantitative Risk Analysis.

    • C. 

      Identify Risks

    • D. 

      Plan Risk Responses

  • 90. 
    The Risk Register is a component of the project management plan. It contains details of all identified risks and current status. It is a document containing the results of:
    • A. 

      Plan Risk Responses

    • B. 

      Perform Quantitative Risk Analysis

    • C. 

      Perform Qualitative Risk Analysis

    • D. 

      Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis and Plan Risk Responses

  • 91. 
    The correct sequence of processes in the Risk management area is:
    • A. 

      Plan Risk Responses, Perform Qualitative Risk Analysis and Perform Quantitative Risk Analysis

    • B. 

      Perform Quantitative Risk Analysis, Perform Qualitative Risk Analysis and Plan Risk Responses

    • C. 

      Plan Risk Responses, Perform Quantitative Risk Analysis and Perform Qualitative Risk Analysis

    • D. 

      Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis and Plan Risk Responses

  • 92. 
    Which of these statements is accurate regarding quality management?
    • A. 

      Modern quality management complements project management

    • B. 

      Overworking the team to meet requirements is not likely to increase attrition and rework

    • C. 

      Quality and grade are essentially the same

    • D. 

      Project requirements are turned into customer needs, wants, and expectations

  • 93. 
    You are the project manager for a large petroleum company and are in the process of writing the project charter for your sponsor. You have used the following as inputs except:
    • A. 

      Business case for the project

    • B. 

      Project statement of work

    • C. 

      Work breakdown structure (WBS)

    • D. 

      Project contract

  • 94. 
    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?
    • A. 

      Project Scope Management Plan

    • B. 

      Activity List

    • C. 

      WBS Dictionary

    • D. 

      Project Charter

  • 95. 
    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?
    • A. 

      Checklist

    • B. 

      Process Improvement Plan

    • C. 

      Quality Management Plan

    • D. 

      Quality Metrics

  • 96. 
    Your Vice President has asked you what the Estimate at Completion is going to be for an extremely small project you are working on. You were given a budget of $30, and to date you have spent $20 but only completed $10 worth of work.
    • A. 

      60

    • B. 

      Not enough information to estimate.

    • C. 

      30

    • D. 

      15

  • 97. 
    An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:
    • A. 

      Exploit the impact.

    • B. 

      Mitigate the risk

    • C. 

      Share the risk

    • D. 

      Avoid the risk

  • 98. 
    You have been contracted to build a manufacturing plant in Kuala Lumpur, however you are not familiar with the building codes in the city of Kuala Lumpur or in the country of Malaysia, so you are reviewing all of their building codes prior to "putting a shovel in the ground". This is an example of?
    • A. 

      Mandated quality assurance

    • B. 

      Quality planning

    • C. 

      Quality assurance

    • D. 

      Quality control

  • 99. 
    Which of the following is not an example of a procurement document?
    • A. 

      Tender Notice

    • B. 

      Letter of Intent

    • C. 

      Request for Proposal (RFP)

    • D. 

      Invitation for Negotiation

  • 100. 
    The project management plan can best be described as
    • A. 

      A list of tasks, activities, durations and resources in a software program (e.g., Microsoft Project)

    • B. 

      Coordinating changes across the entire project

    • C. 

      Integrating and coordinating all project plans to create a consistent, coherent document

    • D. 

      Integrating and coordinating all project documents and stakeholder expectations

  • 101. 
    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?
    • A. 

      2

    • B. 

      14

    • C. 

      13

    • D. 

      28

  • 102. 
    You have successfully passed your PMP and are leading a project to replace the storage devices in a data center. In the following week you and your team of experts will be meeting with a storage device vendor to discuss the status of their deliverables that are due at week's end. What management process do these activities reflect?
    • A. 

      Inspections and Audits

    • B. 

      Administer Procurements

    • C. 

      Procurement Performance Review

    • D. 

      Report Performance

  • 103. 
    • A. 

      Direct and Manage Project Execution

    • B. 

      Planning

    • C. 

      Monitor and Control Project Work

    • D. 

      Initiation

  • 104. 
    Which of the following is a control tool that helps the project management team quantify and categorize defects according to sources?
    • A. 

      Scatter chart

    • B. 

      Pareto diagram

    • C. 

      Histogram

    • D. 

      Cause and effect diagram

  • 105. 
    As part of your staffing management plan, you have developed a chart indicating the # of hours (X axis) a senior programmer will be working over the months (Y axis) of the project. This is an example of what?
    • A. 

      Pareto Chart

    • B. 

      Graph

    • C. 

      Resource Histogram

    • D. 

      Staff Acquisition Chart

  • 106. 
    As the project manager on the construction of a new hotel you have developed a project management plan that you believe is realistic and will be formally approved. The organizational assets that influenced the development of the plan may include all of the following except:
    • A. 

      Project management plan templates

    • B. 

      Risk register from a past project

    • C. 

      Change control procedures

    • D. 

      Business case for the project

  • 107. 
    The project managers have maximum authority in which type of organization?
    • A. 

      Weak Matrix

    • B. 

      Strong Matrix

    • C. 

      Functional

    • D. 

      Balanced Matrix

  • 108. 
    Lisa is the project manager of a large project. Early on she identifies a number of risks in the project and wants to adequately prepare for them. Which of the following can be used to transfer project risk?
    • A. 

      Financial contracts

    • B. 

      Insurance contracts

    • C. 

      Prototype development

    • D. 

      Change the project management plan to eliminate risk

  • 109. 
    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.
    • A. 

      US$ 75,000

    • B. 

      US$ 90,000

    • C. 

      US$ 82,500

    • D. 

      US$ 120,000

  • 110. 
    • A. 

      Agree to provide the cash payment because the procurement manager controls whether your bid is accepted.

    • B. 

      Inform the procurement manager that offering such a payment would violate your professional standards.

    • C. 

      Base your interpretation of the request on an understanding of the norms of the country you are in.

    • D. 

      Express your anger at the request and inform the procurement manager that this would never happen in your home country.

  • 111. 
    A Probability and Impact Matrix contains risks prioritized according to their potential implications for meeting the project's objectives. The typical approach is:
    • A. 

      To use a look-up table or Probability and Impact Matrix with specific combinations of Probability and impact that lead to a risk being rated as "high", "moderate" or "low" importance. The importance for planning responses to the risk are usually set by the organization.

    • B. 

      To create a Risk Breakdown Structure with the probabilities and Impacts listed on the individual boxes. The higher the risk, the closer it is towards the Start Node.

    • C. 

      To use a look-up table or Probability and Impact Matrix with specific combinations of Probability and impact that lead to a risk being rated as "high", "moderate" or "low" importance. The importance for planning responses to the risk are usually set by the project manager.

    • D. 

      To create a matrix with the Cost, Time, Scope and Quality on one axis and probability of occurrence on the other.

  • 112. 
    John, a project manager, for Code Crashers Inc. has been assigned a project where he must lead a group of inexperienced programmers in developing a software package that creates Material Safety Data Sheets (MSDS) for a chemical company. This is very similar to a project that his colleague, Peter, worked on in 2006, with some junior programmers. If John needs to come up with a rough order of magnitude estimate, what tool or technique should he use?
    • A. 

      Parametric Estimating

    • B. 

      Bottom Up Estimating

    • C. 

      Three-point estimate

    • D. 

      Analogous Estimating

  • 113. 
    You are a sponsor of a project that is designed to record phone calls for quality control purposes. You are in the process of writing the charter, what is NOT an input into this document?
    • A. 

      Organizational standard processes

    • B. 

      Marketplace conditions

    • C. 

      Government or industry standards

    • D. 

      Project Scope Statement

  • 114. 
    As an experienced PMP, you have found that running a WBS meeting is tricky because you need to find a balance between decomposition and excessive decomposition. When items are excessively decomposed it leads all of the following, EXCEPT:
    • A. 

      Too detailed project plan

    • B. 

      Inefficient use of resources

    • C. 

      Non productive management effort

    • D. 

      Decreased efficiency when performing work

  • 115. 
    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?
    • A. 

      Global Team

    • B. 

      Virtual Team

    • C. 

      Cross Functional Global Team

    • D. 

      Diverse Team

  • 116. 
    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. Which of the following would best suit your purpose?
    • A. 

      Cost-Plus-Fixed-Fee (CPFF)

    • B. 

      Time & Material (T&M)

    • C. 

      Fixed Price (FP)

    • D. 

      Cost-Plus-Incentive-Fee (CPIF)

  • 117. 
    Report Performance includes information on how resources are being used to achieve project objectives. It should also generally include information on:
    • A. 

      Cost and Schedule

    • B. 

      Scope, Schedule, Cost and Quality

    • C. 

      Scope and Schedule

    • D. 

      Cost, Schedule and Quality

  • 118. 
    • A. 

      Cost Benefit Analysis

    • B. 

      Monte Carlo Analysis

    • C. 

      Benchmarking

    • D. 

      Design of Experiments

  • 119. 
    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?
    • A. 

      Budget Director

    • B. 

      Public Relations Manager

    • C. 

      Project Sponsor

    • D. 

      Fund Manager

  • 120. 
    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?
    • A. 

      Expert

    • B. 

      Analogous Estimating

    • C. 

      Bottom Up

    • D. 

      Parametric Estimating

  • 121. 
    Which of these is not a component of the scope baseline that is contained in the project management plan?
    • A. 

      Work Breakdown Structure (WBS)

    • B. 

      Stakeholder register

    • C. 

      WBS Dictionary

    • D. 

      Project Scope Statement

  • 122. 
    Management Contingency Reserve is identified in which process:
    • A. 

      Estimate Costs

    • B. 

      Determine Budget

    • C. 

      Estimate Activity Durations

    • D. 

      Estimate Activity Resources

  • 123. 
    When writing the roles and responsibilities for team members you should include the following in your write up:
    • A. 

      Role, Authority, Responsibility, Competency

    • B. 

      Role, Action Items, Supervisor, Competency

    • C. 

      Training Plan, Project Org Charts, Role , Authority

    • D. 

      Action Items, Org Charts, Responsibility, Authority

  • 124. 
    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?
    • A. 

      Lessons learned session

    • B. 

      Project party

    • C. 

      Fault-finding session

    • D. 

      360 degree session

  • 125. 
    Under which of the following scenarios would you not use a Decision tree?
    • A. 

      When some future scenarios are unknown.

    • B. 

      When you need to look at the implications of not choosing certain alternatives.

    • C. 

      When the future scenarios are known.

    • D. 

      When the outcomes of some of the actions are uncertain.

  • 126. 
    You have been assigned as a project manager of a new project to be executed out of New York. However, you determine that the project requires a Global Positioning Systems Expert who is not available within the company in New York. On doing a little checking, you determine that the company has an expert based in London, who is suitable for the project. However, the London based employee is not willing to relocate to New York for the project. In such a case:
    • A. 

      Write to the manager of the London based employee and inform him that the employee needs to be convinced to relocate to New York due to project requirements.

    • B. 

      You would look at the option of moving ahead with the project by using a virtual team.

    • C. 

      Manage the project without the key resource and flag this as a risk.

    • D. 

      Co-location of resources is a key factor for the success of projects. As per PMI guidelines, you will not be able to proceed with the project since the resources is not available in New York.

  • 127. 
    Which of the following is not a valid instance of Risk Transference?
    • A. 

      Use of a Cost Reimbursable contract

    • B. 

      Warranties

    • C. 

      Fixed Price contracts

    • D. 

      Performance bonds

  • 128. 
    • A. 

      EAC - AC

    • B. 

      BAC – EV

    • C. 

      Manual Forecasting of cost of remaining work

    • D. 

      Manual Forecasting of cost of remaining work

  • 129. 
    Analogous Cost Estimating is which of the following?
    • A. 

      Uses statistical relationship between historical data and other variables

    • B. 

      Generally less accurate

    • C. 

      Bottom-up estimating

    • D. 

      Generally Accurate

  • 130. 
    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?
    • A. 

      Total elapsed days (completing both activities) is 7 days

    • B. 

      Activity B will be completed by the end of day on Thursday, 14th

    • C. 

      Activity B will be completed by the end of day on Friday, 15th.

    • D. 

      Activity B will be completed by the end of day on Tuesday, 12th

  • 131. 
    • A. 

      The project team must be involved in developing the WBS

    • B. 

      As a rule of thumb, each activity of WBS should take less than 80 hours

    • C. 

      WBS should focus on activities rather than deliverables

    • D. 

      WBS is usually represented in a hierarchical fashion

  • 132. 
    Which of the following is accurate regarding the Estimate Activity Resources process?
    • A. 

      It determines what resources will be used, but not when each resource will be available

    • B. 

      It determines dependencies that may require a lead or lag to define the relationship

    • C. 

      This process is coordinated independent of the Estimate Cost process

    • D. 

      It involves determining what and how many resources will be used

  • 133. 
    A project manager is about to start on a new project. Where would he find details about his authority level in the project?
    • A. 

      The Organization HR manual

    • B. 

      The Project Charter

    • C. 

      The PMBOK

    • D. 

      The Scope statement

  • 134. 
    When does the Close Project or Phase process need to be performed in case of multi-phased projects?
    • A. 

      The Close Project or Phase process needs to be done at the end of each phase of the project; however, it is left to the project manager's discretion on whether he/she wants to perform this process in between phases. It necessarily needs to be done at the end of the project.

    • B. 

      The Close Project or Phase process is done at the end of the project in case the work is contracted out to external performing organizations.

    • C. 

      The Close Project or Phase process needs to performed at the end of the project and involves closing out the entire project scope.

    • D. 

      The Close Project or Phase process needs to be performed at the end of each phase of the project and involves closing out the portion of project scope applicable to that phase.

  • 135. 
    Cause and Effect diagrams are used to illustrate how various factors might be linked to potential problems or effects. They are also called:
    • A. 

      Taguchi diagrams

    • B. 

      Pareto diagrams

    • C. 

      Ishikawa diagrams

    • D. 

      Process diagrams

  • 136. 
    Which of the following statements best describes Time & Material (T&M) contracts?
    • A. 

      T&M contracts are hybrid type of contractual agreements that could contain aspects of both cost-reimbursable and fixed-price type arrangements

    • B. 

      T&M contracts are the best form of contracts when the scope of work and the number of hours of work for a specific resource category is clearly known.

    • C. 

      T&M contracts are the same as Fixed Price contracts except that the total value is calculated using Fixed rates and the effort data is available to the purchaser as well as the seller. Once this is agreed upon, it becomes the same as a Fixed Price project.

    • D. 

      T&M contracts are very risky since the value of the project is not known. It is best to go in for a fixed price (FP) contract.

  • 137. 
    You have recently started working at a company as a senior project manager. The company has no employee training programs in place for junior project managers. Some junior project managers have been asking you for assistance in dealing with some work related issues. You feel that they could benefit from some guidance. Which courses of action would NOT fulfill your responsibility?
    • A. 

      Do nothing; it was not in your job description to mentor other employees.

    • B. 

      Suggest that you and other senior project managers develop a mentoring program.

    • C. 

      Develop a training program for junior project managers.

    • D. 

      Offer to conduct periodic coaching sessions for the employees seeking assistance.

  • 138. 
    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?
    • A. 

      Noise

    • B. 

      Encoding

    • C. 

      Static

    • D. 

      Disturbance

  • 139. 
    You are the project manager managing a project to design a print head for dot matrix printers. In order to determine ideal settings for print quality, the quality manager of the company suggests trying out various scenarios for printing by varying certain parameters on the print head. Identifying such variables which influence the product or process under development is called:
    • A. 

      Design of Quality

    • B. 

      Design of Experiments

    • C. 

      Statistical Experimentation

    • D. 

      Factorial analysis

  • 140. 
    What does it mean if the Earned Value is equal to Actual Cost?
    • A. 

      Schedule Variance Index is 1

    • B. 

      Project is on budget and on schedule

    • C. 

      There is no cost variance

    • D. 

      There is no schedule variance

  • 141. 
    Three strategies that typically deal with negative risks or threats are
    • A. 

      Risk Avoidance, Risk Mitigation and Risk Analysis

    • B. 

      Risk Transference, Risk Mitigation and Risk Planning

    • C. 

      Risk Avoidance, Risk Transference and Risk Acceptance.

    • D. 

      Risk Avoidance, Risk Transference and Risk Mitigation.

  • 142. 
    • A. 

      Regular updates of the company website

    • B. 

      Responding to a contract solicitation

    • C. 

      Running a campaign for a political office

    • D. 

      An endeavor that lasts for ten years.

  • 143. 
    Which of the Project Time Management processes involves identifying and documenting dependencies between schedule activities?
    • A. 

      Sequence Activities

    • B. 

      Define Activities

    • C. 

      Develop Schedule

    • D. 

      Control Schedule

  • 144. 
    In the past you have had issues with stakeholders who come back to you a year after you thought the project was complete, so this time you are going to have the stakeholders sign an acceptance of deliverables document. This procedure should be included in what project management plan?
    • A. 

      Change Management

    • B. 

      Quality Management

    • C. 

      Scope Management

    • D. 

      Risk Management

  • 145. 
    A tool that is used for charting human resources is a:
    • A. 

      Resource Histogram

    • B. 

      Resource Assignment Chart (RAC)

    • C. 

      Resource Activity Matrix (RAM)

    • D. 

      Organization Breakdown Structure (OBS)

  • 146. 
    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?
    • A. 

      Residents of the county.

    • B. 

      A contractor from a subcontracting agency involved in the project

    • C. 

      A senior project manager in your organization who just completed a similar project.

    • D. 

      Local county administration.

  • 147. 
    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:
    • A. 

      Secondary risks

    • B. 

      Primary risks

    • C. 

      Planned risks

    • D. 

      Related risks

  • 148. 
    The change requests created as an output of the Monitor and Control Project Work process may be attributed to all of the following except:
    • A. 

      Preventive Action

    • B. 

      Defect Repair

    • C. 

      Proactive Action

    • D. 

      Corrective Action

  • 149. 
    As a project manager, you are analyzing a process and looking at the causes for variation. Which of the following is not a classification of the causes?
    • A. 

      Special causes

    • B. 

      Random causes

    • C. 

      Common causes

    • D. 

      Perpetual causes

  • 150. 
    What are the outputs of the Plan Procurements process?
    • A. 

      Procurement management plan, Procurement statements of Work, Qualified sellers lists.

    • B. 

      Procurement management plan, Qualified sellers lists, Selected sellers

    • C. 

      Procurement management plan, Procurement statements of Work, Make-or-buy decisions

    • D. 

      Procurement management plan, Qualified sellers lists, Resource calendars

  • 151. 
    You have met with your project sponsor and have been told that the project MUST be completed by the end of the year, no exceptions. This should be included in the project scope statement as a:
    • A. 

      Project Constraint

    • B. 

      Project Boundary

    • C. 

      Project Acceptance Criteria

    • D. 

      Project Assumption

  • 152. 
    The five process groups should be done in the correct order to achieve maximum results. What is the correct order for the process groups?
    • A. 

      Planning, Monitoring and Controlling, Initiating, Executing, Closing

    • B. 

      Planning, Initiating, Executing, Monitoring and Controlling, Closing

    • C. 

      Initiating, Monitoring and Controlling, Planning, Executing, Closing

    • D. 

      Initiating, Planning, Executing, Monitoring and Controlling, Closing

  • 153. 
    While the five process groups are typically completed in order, they often overlap with each other throughout the project. Which two process groups should never overlap unless a project is canceled?
    • A. 

      Initiating and Closing

    • B. 

      Initiating and Executing

    • C. 

      Initiating and Monitoring and Control

    • D. 

      Planning and Closing

  • 154. 
    You are managing a project team that is distributed across global locations. You communicate via email on a daily basis and have a telephonic status call once a week. Which of the following statements is valid?
    • A. 

      Plan telephonic status calls every day and follow up every email communication with a telephone call to discuss whether the remote team has understood the task allocation.

    • B. 

      Remote teams are an overhead on the project and should be avoided as far as possible.

    • C. 

      The communication of status reports and work allocation can never be done effectively via email. Plan for 50% efficiency for the remotely located team.

    • D. 

      The receivers of communication at the remote location will not be able to pick up nonverbal cues and this results in a certain loss in communication. You need to factor this in your planning.

  • 155. 
    The project charter should be authorized by the ______
    • A. 

      Operations manager

    • B. 

      Project team

    • C. 

      Project manager

    • D. 

      Project sponsor

  • 156. 
    Which of the following is accurate regarding Project Integration Management?
    • A. 

      Project deliverables are not part of Integration Management

    • B. 

      It involves the integration of individual processes and not process groups

    • C. 

      The need for it becomes evident in situations where individual processes interact

    • D. 

      It involves disregarding trade-offs and focuses on clearly articulating how accomplish all requirements by the deadline

  • 157. 
    Which of these is not an example of an Information Gathering technique used in identifying risk?
    • A. 

      Interviewing

    • B. 

      Root cause identification

    • C. 

      Brainstorming

    • D. 

      Delta technique

  • 158. 
    The Develop Project Management Plan process includes which of the following?
    • A. 

      How changes will be monitored and controlled

    • B. 

      The need for communication among the stakeholders

    • C. 

      The level of implementation of each selected process

    • D. 

      All of these

  • 159. 
    Rolling wave planning is a form of:
    • A. 

      Regressive Elaboration

    • B. 

      Expert Judgment

    • C. 

      Progressive Elaboration

    • D. 

      Historical Analysis

  • 160. 
    Which of the following inaccurately describes a prototype?
    • A. 

      A prototype is tangible and allows stakeholders to fine-tune their expectations.

    • B. 

      Requirements from a prototype are usually insufficient to move to the design phase.

    • C. 

      Prototypes support the concept of progressive elaboration.

    • D. 

      A prototype is a working model of the expected product.

  • 161. 
    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:
    • A. 

      Lag

    • B. 

      Load

    • C. 

      Fast-tracking

    • D. 

      Lead

  • 162. 
    • A. 

      Fixed Price (FP)

    • B. 

      Firm Fixed Price (FFP)

    • C. 

      Lump-Sum (LS)

    • D. 

      Fixed-price-Incentive-fee (FPIF)

  • 163. 
    A ______ is a collection of projects or programs grouped together for strategic business needs.
    • A. 

      Portfolio

    • B. 

      Management System

    • C. 

      Enterprise

    • D. 

      Array

  • 164. 
    You are working on a large project that has been divided into the following phases: feasibility, conceptual, design, prototype, and build. You want to use the process groups with these different phases. What is the recommended approach?
    • A. 

      Assign one process group to each phase.

    • B. 

      Eliminate your phase structure and rename each phase with one of the process group names.

    • C. 

      Skip a couple of the process groups since they don't apply to a large project.

    • D. 

      Repeat all of the five process groups for each phase.

  • 165. 
    The three categories into which contracts can be broadly classified are:
    • A. 

      Cost-Reimbursable, Time and Material, Cost plus fixed fee

    • B. 

      Fixed Price, Cost-Reimbursable and Lump Sum

    • C. 

      Fixed Price, Cost-Reimbursable , Time and material.

    • D. 

      Fixed Price, Time and Material, Lump Sum

  • 166. 
    The Plan-Do-Check-Act (PDCA) cycle as the basis for Quality Improvement is generally attributed to:
    • A. 

      Deming

    • B. 

      Crosby

    • C. 

      Juran

    • D. 

      Pareto

  • 167. 
    Although not a separate process in the Project Cost Management knowledge area, the cost management plan is created as a part of what?
    • A. 

      Develop Project Management Plan process

    • B. 

      Management Contingency Reserve

    • C. 

      Reserve Analysis

    • D. 

      Cost Variance

  • 168. 
    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:
    • A. 

      Acquisition

    • B. 

      Coercion

    • C. 

      Politics

    • D. 

      Negotiation

  • 169. 
    What are the three-point estimates used during the Estimate Activity Duration process?
    • A. 

      High probability, Low probability, Most likely

    • B. 

      Best-case, Worst-case, Mean

    • C. 

      Most likely, Most dangerous, Average

    • D. 

      Most likely, Optimistic, Pessimistic

  • 170. 
    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?
    • A. 

      + / - 3 sigma (i.e. 99.73 %)

    • B. 

      + / - 6 sigma

    • C. 

      + / - 3 sigma (i.e.95.46%)

    • D. 

      + / - 1 sigma

  • 171. 
    Which of the following is an output of the Define Activity process?
    • A. 

      Milestone list

    • B. 

      Project schedule activity diagrams

    • C. 

      Resource calendar

    • D. 

      Activity duration estimates

  • 172. 
    You are involved as project manager in a fairly large-sized project. You are in the process of making a procurement decision and plan to go with a simple purchase order. However, you are doubtful whether this is the correct thing to do and decide to find out more details about the process to be followed. Based on your findings, which of the following would be correct?
    • A. 

      A simple purchase order is not appropriate for project. The project manager should always use the Request for Proposal (RFP) route.

    • B. 

      Organizational process assets are guidelines available to the project. As project manager you have the final decision making authority and can decide whether to go in for a simple purchase order or not.

    • C. 

      The value of the project is immaterial. As project manager, you have the final decision making authority to go in for a simple purchase order as long as you are contracting with an approved vendor

    • D. 

      You would need to verify the policy constraints that form part of the Organizational process assets. Many organizations have policies that constrain procurement decisions and require use of a longer form of contract for projects above a certain value.

  • 173. 
    Contractual agreements with unions or other employee groups can require certain roles or reporting relationships. This is an example of:
    • A. 

      A gating mechanism.

    • B. 

      Mandated Resource planning

    • C. 

      A constraint that limits the HR planning process

    • D. 

      Politics

  • 174. 
    Which of these are not inputs to the Determine Budgets process?
    • A. 

      Cost baseline, Requirements traceability matrix

    • B. 

      Project schedule, contracts

    • C. 

      Basis of estimates, Activity cost estimates

    • D. 

      Project schedule, Resource calendars

  • 175. 
    • A. 

      Variance limits

    • B. 

      Control threshold

    • C. 

      Cost limit

    • D. 

      Acceptable threshold

  • 176. 
    As a project manager, you periodically do project performance reviews to compare cost performance over time, schedule activities or work packages over-running and under-running budget, milestones due, and milestones met. Which of the following is not a valid technique that you would use for performance- reporting?
    • A. 

      Trend Analysis

    • B. 

      Earned Value Performance

    • C. 

      Variance Analysis

    • D. 

      Integration Analysis

  • 177. 
    Funding requirements for a project are usually in incremental amounts that are not continuous, and these appear as a step function in the graph depicting Cash flow, Cost baseline and Funding. Any gap at the end of the project, between funds allocated and the cost baseline and cash flow amounts represents:
    • A. 

      The amount of Management Reserve that was not used

    • B. 

      The amount of Management Reserve that was not allocated

    • C. 

      The cost overrun

    • D. 

      Ineffective utilization of funds

  • 178. 
    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?
    • A. 

      -25 to +25 %, Rough Order of Magnitude

    • B. 

      -10 to +10 %, Budgetary

    • C. 

      -1 to +1 %, Definitive

    • D. 

      -50 to +50 %, Rough Order of Magnitude

  • 179. 
    An estimating technique that uses a statistical relationship between historical data and other variables (for example, square footage in construction, lines of code in software development) is known as:
    • A. 

      Parametric Estimating

    • B. 

      Analogous Estimating

    • C. 

      Bottom-up Estimating

    • D. 

      Historical Analysis

  • 180. 
    Your project is mid-way through a delivery schedule. As project manager, you want to understand how much work is left. Which is the most accurate way to determine the remaining work to be done by the project team?
    • A. 

      Rolling wave method

    • B. 

      Earned Value Technique

    • C. 

      A Manual forecast

    • D. 

      Future analysis

  • 181. 
    A project is estimated to cost $ 50,000 with a timeline of 50 days. After 25 days, the project manager finds that 50% of the project is complete and Actual costs are $ 50,000. What is the Cost Performance Index (CPI) ?
    • A. 

      The CPI is 1

    • B. 

      The CPI is 1.5

    • C. 

      The CPI is 2

    • D. 

      The CPI is 0.5

  • 182. 
    Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:
    • A. 

      Inadequacies in the original estimate

    • B. 

      Anticipated but not certain events.

    • C. 

      Unanticipated events

    • D. 

      Anticipated and certain events

  • 183. 
    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:
    • A. 

      An S-curve

    • B. 

      An inverted S curve.

    • C. 

      Pie-chart

    • D. 

      A Z curve

  • 184. 
    You are managing a project to lengthen a runway at a major airport. However, after working on the project for six months and holding weekly status meetings, many of your stakeholders are not satisfied with the deliverables, even with a CPI of 1.0 and an SPI of 1.0. Which of the following phases has probably not been done properly?
    • A. 

      Control Scope

    • B. 

      Define Scope

    • C. 

      Identify Risks

    • D. 

      Change Management

  • 185. 
    • A. 

      Executing

    • B. 

      Closure

    • C. 

      Planning

    • D. 

      Monitoring & Controlling

  • 186. 
    Your company has been chosen to develop a new line of business for a large insurance company. This is a large and important project for the company and you have told senior management that you will be creating a team meeting room for this project. This is one of the strategies for:
    • A. 

      Collocation

    • B. 

      Centralized Team

    • C. 

      Project Control

    • D. 

      Develop Project Team

  • 187. 
    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:
    • A. 

      Scope Baseline

    • B. 

      Requirements documentation

    • C. 

      WBS Dictionary

    • D. 

      Project charter

  • 188. 
    When solving complex problems with the team, what type of communication should be used extensively?
    • A. 

      Written

    • B. 

      Non-verbal

    • C. 

      Verbal

    • D. 

      Formal

  • 189. 
    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?
    • A. 

      16

    • B. 

      20

    • C. 

      23

    • D. 

      60

  • 190. 
    How much is the Cost Performance Index?
    • A. 

      CPI = 50, when EV = 100 and AC = 50.

    • B. 

      CPI = 1.0 when SPI = 0.1

    • C. 

      CPI = 0.9 when EV = 100 and PV = 110

    • D. 

      CPI = 0.9 when EV = 100 and AC = 110

  • 191. 
    Which of the following Projects will you select?
    • A. 

      Project Gold: Profit: 200,000, EV: 450,000, ROI: 8%

    • B. 

      Project Bear: Investment: 350,000, ROI: 8.1%, Payback Period: 4 years

    • C. 

      Project Stellar: Lowered expenses: 45,000, Profit: -8,000, ROI: 7.5%

    • D. 

      Project HHGTTG: PV: 50,000

  • 192. 
    How do you calculate the Estimate to Complete?
    • A. 

      You subtract the Earned Value from the Budget at Completion

    • B. 

      You subtract the Budget at Completion from the Actual Cost

    • C. 

      You divide the Budget at Completion by the Schedule Performance Index

    • D. 

      You subtract the Actual Cost from the Budget at Completion

  • 193. 
    Your project is exactly half finished. You consult your earned value system and you receive the following numbers: BAC = 500,000, CPI = 1.1, SPI = 1.2, CV = -15,000, SV = -19,000. How much is your EV?
    • A. 

      416,666

    • B. 

      500,000

    • C. 

      250,000

    • D. 

      227,272

  • 194. 
    You have just received an email from your customer that contains the specification limits that they expect from your production process. You add these specification limits to your chart. The chart also contains the control limits. What do the control limits represent?
    • A. 

      1 standard deviations above and below the mean

    • B. 

      2 standard deviations above and below the mean

    • C. 

      3 standard deviations above and below the mean

    • D. 

      6 standard deviations above and below the mean

  • 195. 
    2 hours after a successful project status presentation you get a call from your senior engineer. He asks to see you immediately for an urgent discussion. 3 minutes later he is in your office, door closed and he looks downcast. He tells you that your presentation earlier in the day had made him think. He had suddenly realized that he had missed several key project components. Because of that he realized that his original cost estimations were completely wrong. At the end of the meeting he promised to give you a new estimate tomorrow. The new estimate arrives less than 24 hours later and your numbers now look as follows: BAC: 1,600,000. AC = 170,000, CPI = 1.03, SPI = 1.05, EV = 175,100. How much do you now estimate that the project will cost, if the new estimate to complete that you received from your engineer is 1,570,000?
    • A. 

      1,553,398

    • B. 

      1,740,000

    • C. 

      1,595,000

    • D. 

      1,470,458

  • 196. 
    Which of the following is your estimate for the work that has been finished on the project so far?
    • A. 

      PV

    • B. 

      SV

    • C. 

      EV

    • D. 

      CPI

  • 197. 
    You are on the phone with your project sponsor discussing the most recent project figures. There are slight variances to the original budget. Your project sponsor says: “If I look at the Budget at Completion and the Earned Value, then our ETC should still be around 200,000. So we are OK.” Based on this information, what do you know?
    • A. 

      The sponsor doesn’t know how to calculate the ETC

    • B. 

      The sponsor thinks that the variances are atypical

    • C. 

      The sponsor thinks that the variances are typical

    • D. 

      The sponsor thinks that our budget is flawed

  • 198. 
    You are a consultant specializing in recovery of troubled projects. Your latest assignment is on a project where the CPI = 0.78 and the SPI = 0.65. Without knowing anything else about this project, how would you best explain this situation?
    • A. 

      The project manager did not create a resource loaded schedule

    • B. 

      35% of the tasks were not finished on time

    • C. 

      The construction machines used were too expensive

    • D. 

      This project has been staffed with a team that was not sufficiently experienced

  • 199. 
    You are in the procurement phase of a government project. You are the seller, the government the buyer. You have been asked to calculate the PTA. How much is the PTA if you have the following information available: Target Price is 2.1 million; Ceiling Price is 2.3 million, Target Cost is 1.9 million; your share is 30%.
    • A. 

      2.566 million

    • B. 

      1.233 million

    • C. 

      2.185 million

    • D. 

      1.614 million

  • 200. 
    AC = 100, CPI = 0.9, SPI = 1.1. How much is the Cost Variance?
    • A. 

      -8.18

    • B. 

      10

    • C. 

      -10

    • D. 

      8.18