Full Length PMP Simulation Test 4

100 Questions

Settings
PMP Quizzes & Trivia

Attempt all 200 questions in 4 hours.


Questions and Answers
  • 1. 
    All of the following processes form part of the Executing process group except:
    • A. 

      Performing activities in accordance with the project management plan.

    • B. 

      Managing changes to the deliverables.

    • C. 

      Completing the work in accordance with the defined quality framework and specification.

    • D. 

      Coordinating people and resources.

  • 2. 
    Which calculation is correct for the To-Complete Performance Index (TCPI) based on the Estimate At Completion (EAC)?
    • A. 

      AC + (BAC – EV)

    • B. 

      (BAC - EV)/(BAC - AC)

    • C. 

      BAC/CPIcum

    • D. 

      (BAC - EV)/(EAC - AC)

  • 3. 
    A Pareto diagram shows:
    • A. 

      The 80% of the work that is important.

    • B. 

      The qualitative improvement trend demonstrated by implementing a Six Sigma initiative.

    • C. 

      A histogram ordered by frequency of occurrence.

    • D. 

      The 20% of the work that is causing the most issues.

  • 4. 
    Integrated Change Control includes all of the following tools and techniques except:
    • A. 

      Project plan updates.

    • B. 

      Expert judgement.

    • C. 

      Change control meetings.

    • D. 

      A change control board to approve or reject changes.

  • 5. 
    All of the following are true concerning expected monetary value (EMV) except:
    • A. 

      Decision tree analysis is more effective using net present values (NPV) in its calculations rather than EMV.

    • B. 

      The EMV of an opportunity is generally a positive value.

    • C. 

      EMV is a statistical concept that calculates the average value of a future scenario that may, or may not happen by multiplying the value of each possible outcome by the probability of it occurring and summing the products.

    • D. 

      The EMV of a threat is generally a negative value.

  • 6. 
    Co-location is one of the techniques used to:
    • A. 

      Ensure effective control over the work of the project team.

    • B. 

      Develop the project team.

    • C. 

      Define the organisation structure.

    • D. 

      Acquire the project team.

  • 7. 
    When managing a complex, cross functional project; which of the following structures will give the project manager the most authority?
    • A. 

      Balanced matrix.

    • B. 

      Strong matrix.

    • C. 

      Functional.

    • D. 

      Weak matrix.

  • 8. 
    Leadership in a project environment should demonstrate all of the following characteristics except:
    • A. 

      The focusing of the efforts of a group of people on achieving a common objective.

    • B. 

      High levels of respect and trust.

    • C. 

      The ability to get things done through others.

    • D. 

      A primary focus on external senior managers and other key stakeholders to ensure the project is a success through managing upwards.

  • 9. 
    The processes included in project communication management are:
    • A. 

      Collect Requirements, Plan Communications, Distribute Information, Manage Expectations and Report Performance.

    • B. 

      Identify Stakeholders, Collect Requirements, Plan Communications, Distribute Information, Manage Stakeholder Expectations and Report Performance.

    • C. 

      Identify Stakeholders, Plan Communications, Distribute Information, Manage Stakeholder Expectations and Report Performance.

    • D. 

      Collect Requirements, Plan Communications, Distribute Information, Update Project Documentation and Report Performance.

  • 10. 
    Which of the following is true concerning the work breakdown structure (WBS)?
    • A. 

      The PMI WBS and PRINCE2 product breakdown structure (PBS) are effectively the same thing.

    • B. 

      The WBS is the same as the organisational breakdown structure (OBS).

    • C. 

      The WBS is a deliverable oriented, hierarchical decomposition of the work to be executed by the project team.

    • D. 

      The WBS is the bill of materials (BoM) needed to accomplish the work of the project.

  • 11. 
    All of the following are true of cost plus fixed fee (CPFF) contracts, except:
    • A. 

      The seller is reimbursed for all allowable costs incurred performing the contract work.

    • B. 

      The seller receives a fixed fee calculated as a percentage of the initial estimated project cost.

    • C. 

      The fee does not change based on the performance of the seller.

    • D. 

      The seller receives a fee calculated as a fixed percentage of the actual project cost.

  • 12. 
    During a meeting with some of your project's stakeholders, you are asked to add to the project's scope of work.  The project records contain correspondence from before the Charter was signed in which the project sponsor specifically declined the work being requested by these stakeholders.  The BEST thing for you to do is:
    • A. 

      Tell the stakeholders the work cannot be added.

    • B. 

      Evaluate the cost and time impacts of adding the work.

    • C. 

      Add the work if it can be accommodated within the existing budget.

    • D. 

      Talk to the sponsor and let her know of the request.

  • 13. 
    Analogous estimating when applied to a duration is:
    • A. 

      Based on expert judgement and is consequently more accurate than standard critical path estimating.

    • B. 

      Used when there is a limited amount of detailed information available.

    • C. 

      A calculation based on a three point estimate using a modified BETA distribution.

    • D. 

      The same as ‘bottom up’ estimating.

  • 14. 
    The code of accounts:
    • A. 

      Is the system used to keep track of purchases and contracts.

    • B. 

      Is any numbering system used to uniquely identify each component of the work breakdown structure.

    • C. 

      Links the work breakdown structure to the schedule task identifier.

    • D. 

      Is the alpha-numeric reference used in the organisations accounts system to identify cost centres.

  • 15. 
    A procurement audit will consider all of the following except:
    • A. 

      The changes in market conditions between the contract date and the current time.

    • B. 

      Any successes or failures in the process that warrant recognition.

    • C. 

      The complete procurement process from initial planning through to the administration of the procurement.

    • D. 

      Any lessons learned that can be applied to future procurement processes.

  • 16. 
    The Delphi technique has all of the following characteristics except:
    • A. 

      It is a technique to reduce bias and prevent any one person from exerting undue influence.

    • B. 

      It is a way to reach a consensus of experts.

    • C. 

      It is an Oracle® database application used to optimise future outcomes.

    • D. 

      Individual experts are unaware of who else is participating in the process.

  • 17. 
    A binding contract is legally created when:
    • A. 

      The formal contract documents are signed by your senior management.

    • B. 

      When your legal department advises the contract is acceptable.

    • C. 

      The formal contract documents are signed by official representatives of both parties.

    • D. 

      There is an offer, acceptance, performance and consideration.

  • 18. 
    The basic decision making styles normally used by project managers include all of the following except:
    • A. 

      Coin flip (random).

    • B. 

      Command.

    • C. 

      Consultation.

    • D. 

      Rational choice theory

  • 19. 
    FPIF is an acronym for:
    • A. 

      Fixed Price Incentive Fee

    • B. 

      Firm Price Incentive Free

    • C. 

      Fixed Price Indicator Factor

    • D. 

      Fast Performance Incentive Fee

  • 20. 
    The Control Costs process includes all of the following except:
    • A. 

      Informing appropriate stakeholders of all approved changes and associated costs.

    • B. 

      Influencing factors that create changes in the authorised cost baseline.

    • C. 

      Developing the cost performance baseline.

    • D. 

      Acting to bring expected cost overruns within acceptable limits.

  • 21. 
    All of the following statements are true about product and project life cycles except:
    • A. 

      Generally a product lifecycle is contained within a project lifecycle.

    • B. 

      A project life cycle is determined by the organisation and generally consists of phases that may be sequential or overlapping.

    • C. 

      A product lifecycle is determined by the organisation and generally consists of sequential phases.

    • D. 

      Generally a project lifecycle is contained within a product lifecycle.

  • 22. 
    As part of a successful communication, the receiver is responsible for:
    • A. 

      Making sure the information is clear and complete, understood and acknowledged.

    • B. 

      Making sure the information is received in its entirety, understood correctly and acknowledged.

    • C. 

      Making sure the information is clear and complete, understood and agreed with.

    • D. 

      Listening actively to ensure all of the information is received.

  • 23. 
    All of the following people developed management theories focused on motivation except:
    • A. 

      Maslow.

    • B. 

      McGregor.

    • C. 

      Hertzberg.

    • D. 

      Deming.

  • 24. 
    The project charter has all of the following characteristics except:
    • A. 

      Its primary use is to authorise the start of a project or phase.

    • B. 

      It provides the project manager with authority to apply resources and expend money on project activities.

    • C. 

      Its primary use is to request bids or proposals for the work it defines.

    • D. 

      The project charter can be created by the person external to the project, responsible for the authorisation of the work, or that person can delegate the creation of the project charter to the project manager.

  • 25. 
    All of the following are true concerning enterprise environmental factors (EEF) except:
    • A. 

      EEF do not include the organisations purchasing guidelines because this type of function is managed by the Accounts Department.

    • B. 

      EEF include the tools, systems and software that comprise the project management information system (PMIS).

    • C. 

      EEF incorporates the organisation’s culture, structure and processes.

    • D. 

      EEF include all relevant laws, regulations and standards imposed by all levels of government, industry bodies and society.

  • 26. 
    All of the following statements concerning the project scope statement are true except:
    • A. 

      It is an output of the Verify Scope process.

    • B. 

      It describes the project’s deliverables and the work needed to create them.

    • C. 

      It may contain explicit scope exclusions that can assist in managing stakeholder expectations.

    • D. 

      It provides a common understanding of the project’s scope among the project’s stakeholders.

  • 27. 
    The cost of quality includes all of the following except:
    • A. 

      Buying professional indemnity insurance.

    • B. 

      The cost of defects and rework caused by failing to achieve requirements.

    • C. 

      The cost of inspecting and appraising conforming products produced by the project.

    • D. 

      Preventing non-conformance to requirements.

  • 28. 
    The responsibility assignment matrix (RAM) shows:
    • A. 

      The connections between activities and project team members.

    • B. 

      The delegation of responsibility through the hierarchically organised management structure.

    • C. 

      Accountabilities to assist in team performance appraisals.

    • D. 

      The sequence of activities a named resource is responsible for accomplishing.

  • 29. 
    Project management process groups have all of the following characteristics except:
    • A. 

      All of the process groups are needed on all projects and all of their interactions apply to each phase of a project as well as the overall project.

    • B. 

      The process groups are seldom one time, discrete events; they are overlapping activities that occur throughout the project.

    • C. 

      Where a project is divided into phases, the process groups are invoked as appropriate.

    • D. 

      The process groups are linked by the outputs they produce.

  • 30. 
    • A. 

      Not starting design until all of the approvals have been received.

    • B. 

      Waiting the specified 72 hours before stripping formwork from a newly poured concrete slab.

    • C. 

      Applying a start-to-start link between two tasks in a PDM network.

    • D. 

      Applying a lag of 4 days between two tasks.

  • 31. 
    Lynn is the project manager of a project. She creates a structure similar to the Work Breakdown Structure (WBS). However, instead of being arranged according to the project deliverables, it is arranged according to the team's existing departments and units. The project activities / work packages are listed against each existing department. This would be called:
    • A. 

      An Organizational Breakdown Structure (OBS)

    • B. 

      A Department Breakdown Structure (DBS)

    • C. 

      A Resource Breakdown Structure (RBS)

    • D. 

      A Hierarchical Breakdown Structure (HBS)

  • 32. 
    You are negotiating a contract with a seller. You want to go in for a Fixed price type of contract. The seller uses a different terminology for the fixed price type of contract. He is most probably referring to it as a:
    • A. 

      Cost-Plus-Fixed-Fee contract

    • B. 

      A Time and material contract

    • C. 

      Lump sum contract

    • D. 

      Cost-Plus-Fee contract

  • 33. 
    A construction project requires that governmental environmental hearings be held prior to site preparation. What kind of a dependency is this?
    • A. 

      Mandatory dependency

    • B. 

      Discretionary dependency

    • C. 

      Soft logic

    • D. 

      External dependency

  • 34. 
    A manager asked to see a list of milestones in the project. This would be available as an output from the:
    • A. 

      Sequence Activities phase

    • B. 

      Define Scope phase

    • C. 

      Estimate Activity Durations

    • D. 

      Define Activities phase

  • 35. 
    One of the project team members had a teleconference with a customer representative who was reviewing some of the deliverables and discussed some changes in the product requirements. Your project team member discusses the changes with you and feels that these are necessary for the project. You agree with the team member's view. As a project manager, you should ensure that:
    • A. 

      Ask the project team member to go ahead with the changes.

    • B. 

      The changes are documented and they follow the change management process to become an Approved Change request.

    • C. 

      Summarize the changes and archive your discussion with the team member as a future record.

    • D. 

      Ask the team member to ignore the changes.

  • 36. 
    A project manager of a project that was contracted on a Time and Material basis finds that some of the tasks have been taking lesser time than planned. On average each team member has required only 30 hours to accomplish work which was planned for 40 hours during the week. The project manager should:
    • A. 

      Report the accurate status to your manager and send a separate report stating that each team member was busy for 40 hours

    • B. 

      Report this accurately on the status report and ensure that activities are re-planned as necessary, to keep the team completely occupied.

    • C. 

      Report on the status report that each team member was busy for 40 hours, and use the time saved for other activities not related to the project.

    • D. 

      Avoid mentioning these kinds of savings on status reports.

  • 37. 
    There are a number of risks that have been identified in your project, however the team has elected not to change the project plan to deal with the risk, but they have established a contingency reserve of money in the event some of these risks are triggered. This is an example of what type of risk mitigation technique?
    • A. 

      Contingent Response Strategy

    • B. 

      Active acceptance

    • C. 

      Passive acceptance

    • D. 

      Avoidance

  • 38. 
    Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore the expenditure of funds is frequently reconciled with the disbursement of funds for the project. This is known as:
    • A. 

      Disbursement reconciliation

    • B. 

      Expenditure Reconciliation

    • C. 

      Budget Reconciliation

    • D. 

      Funding Limit Reconciliation

  • 39. 
    The Earned Value Management methodology can be used as a means to:
    • A. 

      Forecast future performance based on past performance

    • B. 

      Calculate the number of days left in the project

    • C. 

      Calculate the value provided to the customer

    • D. 

      Calculate the profitability of the project

  • 40. 
    The customer requests a change to the project that would increase the project risk. Which of the following should you do before all others?
    • A. 

      Talk to the customer about the impact of the change

    • B. 

      Change the risk management plan

    • C. 

      Include the expected monetary value of the risk in the new cost estimate

    • D. 

      Analyze the impacts of the change with the team

  • 41. 
    A Work Breakdown Structure (WBS) dictionary supports the WBS and is a companion document to the WBS. Which of the following is not included in the WBS dictionary?
    • A. 

      List of schedule milestones

    • B. 

      Resource assigned

    • C. 

      Contract Information

    • D. 

      Code of Account Identifier

  • 42. 
    The State of New York has contracted your company to provide a claims payment system for Medicaid benefits. In the contract there is a clause that indicates that the State of New York can review your work processes and deliverables. This is an example of?
    • A. 

      Performance Report

    • B. 

      Record Management System

    • C. 

      Deliverables Checklist

    • D. 

      Inspections and Audits

  • 43. 
    Control Schedule is part of which Project Management process group?
    • A. 

      Monitoring and controlling

    • B. 

      Planning

    • C. 

      Executing

    • D. 

      Initiating

  • 44. 
    Mandatory dependencies are those that are inherent in the nature of the work being done. They often involve physical limitations, such as on a construction project where it is impossible to erect the superstructure until the foundation has been built. This type of dependency is also called:
    • A. 

      Soft logic

    • B. 

      Unilateral dependency

    • C. 

      Fixed logic

    • D. 

      Hard logic

  • 45. 
    You are a project manager for your company. Part of the project requires producing 10,000 widgets, which your company will outsource. The company has agreed to pay all related costs and 5% of the estimated project costs. What type of contract has been negotiated?
    • A. 

      Time and Material contract

    • B. 

      Cost-Plus-Fixed-Fee contract

    • C. 

      Cost-Plus-Incentive-Fee contract

    • D. 

      Fixed-price contract

  • 46. 
    A special cause may also be referred to as:
    • A. 

      Foreign cause

    • B. 

      Assignable cause

    • C. 

      Atypical cause

    • D. 

      Normal cause

  • 47. 
    Jack is the project manager of a project and is looking at the schedule of work. He adjusts a few of the schedule milestones and imposes date constraints for some of the work packages. The most likely reason that may need him to do this is:
    • A. 

      Many of the work packages have been completed and he wants to change the dates on subsequent ones.

    • B. 

      His manager has requested him to change the milestone dates.

    • C. 

      To allow time for a project status presentation.

    • D. 

      To regulate expenditure of funds so that they can be reconciled against the disbursement of funds for the project.

  • 48. 
    As a project manager, you are concerned with both Prevention and Inspection of errors in a work product. The difference between Prevention and Inspection is:
    • A. 

      Inspection is work done by the Quality Control (QC) team whereas Prevention is work done by the Quality Assurance (QA) team

    • B. 

      Inspection refers to keeping errors out of the process whereas prevention refers to keeping errors out of the hands of the customer.

    • C. 

      Prevention refers to keeping errors out of the process whereas inspection refers to keeping errors out of the hands of the customer.

    • D. 

      Inspection and Prevention refer to the same activity depending on what stage of the project the activity is done.

  • 49. 
    Which of these statements is true?
    • A. 

      The cost of correcting mistakes through an inspection is much lesser than the cost of preventing them.

    • B. 

      The cost of preventing mistakes is generally much lesser than the cost of correcting them as revealed by inspection.

    • C. 

      It does not matter where a defect is captured as long as the finished work product does not have a defect.

    • D. 

      The cost of correcting mistakes through an inspection is more or less that same as the cost of preventing them since the same effort goes into both activities.

  • 50. 
    The project manager of a long term project to develop a new medical device waits to include the details of later phase deliverables on the WBS until such time as those deliverables are more clearly defined. This is an example of:
    • A. 

      Iterative planning

    • B. 

      Balanced planning

    • C. 

      Deferred planning

    • D. 

      Rolling wave planning

  • 51. 
    You have a schedule activity that can be delayed without delaying the early start date of any subsequent activities. This is an example of?
    • A. 

      Free Float

    • B. 

      Lead Float

    • C. 

      Total Float

    • D. 

      Lag Float

  • 52. 
    As the project manager of a project, you have needed to estimate certain activity durations before all project team members were acquired. On acquisition of the project team, you find that the actual competency levels of the acquired team members are much lower than what you had anticipated. In such a case, you will:
    • A. 

      Make no changes to the schedule.

    • B. 

      Ask the project team members to meet the original schedule by putting in overtime if required.

    • C. 

      Make changes to activity duration and schedule incorporating the changed competency levels.

    • D. 

      Inform the customer that the project is behind schedule.

  • 53. 
    The Executive VP of Finance has informed you that you will be the project manager for an energy audit the company is performing in order to save expenses. He has tasked you with identifying stakeholders and to start documenting the assumptions and constraints. Your project is in what process group?
    • A. 

      Initiating

    • B. 

      Planning

    • C. 

      Monitoring & Controlling

    • D. 

      Executing

  • 54. 
    On a control chart, a source of variation that is not inherent in the system, is not predictable and is intermittent is called a:
    • A. 

      Normal Cause

    • B. 

      Specific Cause

    • C. 

      Common Cause

    • D. 

      Special Cause

  • 55. 
    You are just starting on a project as project manager. The project sponsor indicates to you that she would like to have a monthly Project Status meeting to review the progress of the project. She would also like to receive weekly status updates by email. These requirements are documented in the:
    • A. 

      Scope statement

    • B. 

      Communications management plan

    • C. 

      Project charter

    • D. 

      Organizational plan

  • 56. 
    As part of the Plan Quality process, you create a document which describes the purpose, start and end of processes, their inputs, outputs, data required and the owner and stakeholders of processes. This is called a:
    • A. 

      Process metric

    • B. 

      Process configuration

    • C. 

      Process chart

    • D. 

      Process boundary

  • 57. 
    A project manager is managing a project where there are teams located in remote locations in order to obtain cost savings. This is in line with organizational guidelines which require that at least 25% of work should be done from a remote location. This is an example of:
    • A. 

      A constraint

    • B. 

      A necessity

    • C. 

      A choice

    • D. 

      An assumption

  • 58. 
    The project manager controls the interfacing and overlapping areas of the organization's procurement processes, and the project schedule with processes from this area:
    • A. 

      Project Human Resource Management

    • B. 

      Project Scope Management

    • C. 

      Project Risk Management

    • D. 

      Project Integration Management

  • 59. 
    Throughout various project meetings you have documented differences in opinion, situations to be investigated and emerging or unanticipated responsibilities. These are all inputs to what document?
    • A. 

      RACI Chart

    • B. 

      Issue Log

    • C. 

      Risk Register

    • D. 

      Project Performance Appraisals

  • 60. 
    Administrative closure involves all the activities in a step-by-step manner to satisfy various completion and exit criteria for the project. This is part of which Project M Management Knowledge Area?
    • A. 

      Project Communication management

    • B. 

      Project Scope Management

    • C. 

      Project Integration Management

    • D. 

      Project Procurement Management

  • 61. 
    You are working on an upgrade to a call distribution system for a call center, however you are finding it extremely difficult to get the proper resources assigned and tasks completed because the Call Center Manager is in control of the budget. You have just realized that you work in what type of an organization?
    • A. 

      Balanced Matrix

    • B. 

      Functional

    • C. 

      Strong Matrix

    • D. 

      Projectized

  • 62. 
    Project performance appraisals are different from team performance assessment in that project performance appraisals focus on?
    • A. 

      Reducing staff turnover

    • B. 

      A Team building effort

    • C. 

      How an individual team member is performing on the project.

    • D. 

      An evaluation of the project team's effectiveness

  • 63. 
    You are working on a project where a negative risk has occurred. However, you have no contingency plan for this risk. You call a meeting and a solution is devised to change the workflow until a permanent solution can be implemented. This is an example of?
    • A. 

      Work Item

    • B. 

      Workaround

    • C. 

      Work Package

    • D. 

      Reserve plan

  • 64. 
    The Stakeholder Committee has been given a report that shows zero schedule variance. However, the first milestone in the project was missed, and will cause a delay in the project. What type of item was not reported correctly?
    • A. 

      Resource management plan

    • B. 

      Risk analysis

    • C. 

      Critical path status

    • D. 

      Communications plan variance

  • 65. 
    Your manager has provided you with a draft project charter and immediately asks you to provide an analysis of the risks on the project. Which of the following would BEST help this effort?
    • A. 

      A conversation with a team member from a similar project that failed in the past.

    • B. 

      Project Scope statement from the project planning process.

    • C. 

      An article from PM Network Magazine

    • D. 

      Resource plan from the project planning process

  • 66. 
    • A. 

      Analogous

    • B. 

      Resource-based

    • C. 

      Judgment-based

    • D. 

      SWAG

  • 67. 
    Costs incurred in one area of a project can offset costs in another area of the same project. However, it is not the best practice to consider only the costs of project execution when making project decisions. What must also be considered?
    • A. 

      Return on Investment

    • B. 

      Total Cost of Ownership

    • C. 

      Project Lifecycle Costs

    • D. 

      Environmental Impact

  • 68. 
    Your company is way behind schedule in the deployment of a government mandated change to a health care processing system that must be in production by the end of the year. You and your team have met and decided to hire an additional 50 programmers to work with the existing staff on the activities in order to meet the due date. This is an example of what?
    • A. 

      Resource Leveling

    • B. 

      Fast Tracking

    • C. 

      Crashing

    • D. 

      Risk Transference

  • 69. 
    The key difference between Verify Scope and Perform Quality Control is:
    • A. 

      Verify Scope is concerned with meeting the quality standards specified.

    • B. 

      Verify Scope is concerned with the acceptance of deliverables.

    • C. 

      Verify Scope does not apply in projects that have been cancelled.

    • D. 

      Verify Scope can never be performed in parallel with quality control.

  • 70. 
    You are managing a fund raising golf tournament that has a hole-in-one contest. However, your company can't afford to pay the $1,000,000 if someone does get a hole in one, so they have elected to take out an insurance policy in the event that someone does get lucky. This is an example of?
    • A. 

      Sharing

    • B. 

      Mitigation

    • C. 

      Transference

    • D. 

      Avoidance

  • 71. 
    The Make-or-Buy analysis is a technique that is used as part of the Plan Procurements process. It is used to determine whether a particular product or service can be produced by the project team or should be purchased. The analysis to arrive at a decision should include:
    • A. 

      Indirect costs only

    • B. 

      Direct as well as Indirect costs

    • C. 

      Direct costs only

    • D. 

      Staffing costs only

  • 72. 
    • A. 

      Statement of Work

    • B. 

      Project Time Management

    • C. 

      Project Scope Management

    • D. 

      Work breakdown structure

  • 73. 
    Breaking down project deliverables into smaller components is called:
    • A. 

      Work breakdown structure

    • B. 

      Deconstruction

    • C. 

      Tasking

    • D. 

      Decomposition

  • 74. 
    All of the following are characteristics of a project, EXCEPT:
    • A. 

      Has a definite beginning and end

    • B. 

      Temporary

    • C. 

      Progressively elaborated

    • D. 

      Ongoing Effort

  • 75. 
    Projects are often started as a result of an external factor such as market demand for a new product, a new legislative or regulatory mandate, or a change in technology. This results in the creation of ______ by an entity or organization external to the project organization.
    • A. 

      The project charter

    • B. 

      The project scope

    • C. 

      The project budget.

    • D. 

      The project kickoff

  • 76. 
    Bottom-up Cost estimating is typically motivated by the size and complexity of:
    • A. 

      The project management software

    • B. 

      The statistical relationship between historical data and other variables.

    • C. 

      The project budget.

    • D. 

      The individual schedule activity or work package

  • 77. 
    The Quality Policy is the intended direction of a performing organization with regard to quality. As a project manager in a performing organization, you find that the organization lacks a formal quality policy. What should be done in such a case?
    • A. 

      The project management team need not develop a quality policy since the performing organization does not have one.

    • B. 

      The project management team needs to obtain the quality policy from the customer.

    • C. 

      A quality policy is a 'nice-to-have' and is not required for every project.

    • D. 

      The project management team will need to develop a quality policy for the project.

  • 78. 
    During your weekly project status meetings your set some time aside on the agenda to review the risk register by looking at all the risks, if the response plans are still appropriate and adding or deleting risks. This is an example of?
    • A. 

      Performance Measurement

    • B. 

      Trend Analysis

    • C. 

      Risk Reassessment

    • D. 

      Risk Audit

  • 79. 
    The cost estimates for a project are in the range of +/- 5 %. What phase is the project likely to be in?
    • A. 

      Closing phase

    • B. 

      Preliminary phase

    • C. 

      Initial phase

    • D. 

      Intermediate phase

  • 80. 
    You are setting up your team for the project you are currently working on and you are looking at a chart that shows the programming will be performed by Systems Development, the infrastructure will be implemented by Infrastructure Systems, the customer communication will be handled by the call center. This is an example of what type of chart?
    • A. 

      RACI

    • B. 

      Organizational Breakdown Structure (OBS)

    • C. 

      Work Breakdown Structure

    • D. 

      Resource Breakdown Structure (RBS)

  • 81. 
    For many procurement items, the procuring organization can either prepare its own independent estimates or have an estimate of costs prepared by an outside professional estimator. This estimate serves as a:
    • A. 

      Potential-cost estimate

    • B. 

      Expected-cost estimate

    • C. 

      Benchmark estimate

    • D. 

      Must-cost estimate

  • 82. 
    A large construction project for a logistics company will require the expenditure of a large amount of capital. The finance group works with the project manager to project set limits when expenses will be incurred in a given project, and determine if there are ways to smooth out or levelize the spending to avoid a single large expenditure one quarter and none the next. This is an example of:
    • A. 

      Levelized Billing

    • B. 

      Funding Limit Reconciliation

    • C. 

      A financial review

    • D. 

      Rescheduling

  • 83. 
    Calculation of late finish dates and late start dates for the uncompleted portion of the project is called____________.
    • A. 

      A schedule network analysis

    • B. 

      An arrow diagram

    • C. 

      A backward pass

    • D. 

      A forward pass

  • 84. 
    The following text is an example of ___________________. "WBS Element 2.3.1.8. - System Deployment Testing Planning - This element includes the effort to identify requirements for and methodology of testing systems to be deployed."
    • A. 

      A resource breakdown structure

    • B. 

      A scope baseline

    • C. 

      A bill of materials

    • D. 

      A WBS dictionary entry

  • 85. 
    Which of the following is not a Project Time Management process?
    • A. 

      Source Activities

    • B. 

      Estimate Activity Resources

    • C. 

      Define Activities

    • D. 

      Sequence Activities

  • 86. 
    While rating a proposal, one of the requirements was "The proposed project manager needs to be a certified Project Management Professional, PMP® " This is an example of:
    • A. 

      Constraints

    • B. 

      Evaluation Criteria

    • C. 

      Assumptions

    • D. 

      Requirements

  • 87. 
    Which of the following is Deming's formula for continuous improvement?
    • A. 

      Plan-Act-Check-Do

    • B. 

      Plan-Do-Check-Act

    • C. 

      Check-Plan-Do-Act

    • D. 

      Plan-Check-Do-Act

  • 88. 
    A decision tree is a Perform Quantitative Risk Analysis technique that is structured around using a Decision Tree Diagram. It describes a situation under consideration and the implications of each of the available choices and the possible scenarios. A Decision Tree Diagram shows how to make a decision between alternative capital strategies known as:
    • A. 

      Alternative nodes

    • B. 

      Questionpoints

    • C. 

      Decision nodes

    • D. 

      Checkpoints

  • 89. 
    As part of the Close Procurements process, the project manager prepared a complete set of indexed contract documentation, including the closed contract, to include with the final project files. This is called a:
    • A. 

      Procurement file

    • B. 

      Documentation file

    • C. 

      Closure report

    • D. 

      Closure file

  • 90. 
    Clear criteria for rewards and a planned system for their use promotes and reinforces desired behaviors in the project. Creating a plan with established times for rewards ensures that recognition takes place and is not forgotten. This is usually part of the:
    • A. 

      Project Dashboard

    • B. 

      Company HR plan

    • C. 

      Communications Management Plan

    • D. 

      Staffing Management Plan

  • 91. 
    A project manager determines that there are 15 communication channels in the project. The number of stakeholders in the project must then be:
    • A. 

      15 stakeholders

    • B. 

      6 stakeholders

    • C. 

      8 stakeholders

    • D. 

      105 stakeholders

  • 92. 
    A summary milestone schedule would normally be part of which document?
    • A. 

      Project sign-off document

    • B. 

      Project charter

    • C. 

      Project requirements document

    • D. 

      Project scope statement

  • 93. 
    Which of the following processes deals with maintaining the integrity of baselines by releasing only approved changes for incorporation into the project management plan?
    • A. 

      Perform Integrated Change Control

    • B. 

      Direct and Manage Project Execution

    • C. 

      Develop Project Management Plan

    • D. 

      Monitor and Control Project Work

  • 94. 
    Defense Dynamics has been awarded a fixed price project to design and build a military cargo jet. The design team is looking at ways to increase the cargo capacity of the plane while keeping manufacturing costs and the fuel efficiency of the final product within specific limits. The engineers on this team have identified factors that affect capacity, costs, and fuel efficiency and have created a statistical model of how these factors impact each other. The outcome of this model is a design with the highest cargo capacity and fuel efficiency at the lowest cost possible. What type of mathematical model is this called?
    • A. 

      Outcome-based Hypothesis

    • B. 

      Basis Benchmarking

    • C. 

      Cost of Quality

    • D. 

      Design of Experiments

  • 95. 
    Anne is the project manager of a project. She has evaluated certain responses from prospective sellers and wants to select a contract model which will transfer risk to the seller. Which of the following should she select in order to achieve this?
    • A. 

      Time and Material contract

    • B. 

      Cost-Plus-Fixed-Fee contract

    • C. 

      Cost-Plus-Incentive-Fee contract

    • D. 

      Fixed price contract

  • 96. 
    Indicating the need for catering services to be provided to consultants during the entire first month of a special event can be noted on the schedule with a _____________
    • A. 

      Critical resources

    • B. 

      Hammock Activity

    • C. 

      Direct activity

    • D. 

      Resource Identifier

  • 97. 
    The formula for Cost Variance is:          
    • A. 

      CV=EV-AC

    • B. 

      CV=AC-EV

    • C. 

      CV=BAC-(AC-EV)

    • D. 

      CV=SV-BC

  • 98. 
    Select the best answer: Continuous process improvement reduces _____________ and ________, which allows processes to operate at increased levels of efficiency and effectiveness.
    • A. 

      Process and policy overhead.

    • B. 

      Departmental and organization processes

    • C. 

      Cost and scope

    • D. 

      Waste and non-value added activities.

  • 99. 
    Analysis of project spending against project budget and calculating the percentage complete of tasks currently underway are examples of:
    • A. 

      Delivery management

    • B. 

      Earned value

    • C. 

      Work performance information

    • D. 

      Baseline variance

  • 100. 
    You  are a consulting project manager and are reviewing the scope of your project and realize that several requirements are not measurable. However ,they are tied to milestone payments you will receive for work on this project.What is the best way to handle this?
    • A. 

      A. Delete the requirements in question. if a requirement in not measurable, it is not valid

    • B. 

      B. Notify project stakeholders that the requirements have not been elaborated adequately,and must be reviewed by the team?

    • C. 

      C. Request a contract modification on the basis of invalid requirements.

    • D. 

      D. Modify the text of the requirements yourself.If a requirement is not measurable ,it is not valid.