100 PMP Assessement Test

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Quizzes Created: 1 | Total Attempts: 125
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100 PMP Assessement Test - Quiz


Questions and Answers
  • 1. 

    During the development of the project stakeholder engagement plan, a project manager is usually dependent on the voice of the project stakeholders to obtain an expert opinion. Which of the following is an important tool available to the project manager for gathering and organizing stakeholders’ information?

    • A.

      Fishbone diagrams

    • B.

      Control charts

    • C.

      Histograms

    • D.

      Focus groups

    Correct Answer
    D. Focus groups
    Explanation
    Focus groups are an important tool available to project managers for gathering and organizing stakeholders' information. Focus groups involve bringing together a small group of stakeholders to have a guided discussion about the project. This allows the project manager to gather valuable insights, opinions, and feedback from the stakeholders. The information obtained from focus groups can help the project manager make informed decisions and develop an effective stakeholder engagement plan. Fishbone diagrams, control charts, and histograms are not specifically designed for gathering and organizing stakeholders' information.

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  • 2. 

    During which of the following project processes do key stakeholders engage with the project for the first time?

    • A.

      Develop Project Charter

    • B.

      Identify Stakeholders

    • C.

      Collect Requirements

    • D.

      ​​​​Plan Stakeholder Engagement

    Correct Answer
    A. Develop Project Charter
    Explanation
    During the "Develop Project Charter" process, key stakeholders engage with the project for the first time. This process involves identifying and documenting the project's high-level objectives, scope, and stakeholders. It is during this process that key stakeholders are identified and their initial input and involvement are sought. The project charter serves as a formal document that authorizes the project, and it is during this process that stakeholders become aware of the project and begin to engage with it.

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  • 3. 

    Which of the following components of a project scope statement is useful in reducing scope creep?

    • A.

      Acceptance criteria

    • B.

      Deliverables

    • C.

      Scope description

    • D.

      Exclusions

    Correct Answer
    D. Exclusions
    Explanation
    Exclusions are useful in reducing scope creep because they clearly define what is not included in the project scope. By explicitly stating what is out of scope, it helps to manage stakeholders' expectations and prevent them from requesting additional features or deliverables that were not initially included. This helps to keep the project focused and prevents unnecessary scope expansion, ultimately reducing the likelihood of scope creep.

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  • 4. 

    As you create the Activity List, which technique is recommended for subdividing the project into smaller components called activities?

    • A.

      Decomposition

    • B.

      Rolling Wave Planning

    • C.

      Expert Judgment

    • D.

      Deconstruction

    Correct Answer
    A. Decomposition
    Explanation
    Decomposition is the recommended technique for subdividing the project into smaller components called activities when creating the Activity List. Decomposition involves breaking down the project scope and deliverables into smaller, more manageable activities. This technique allows for a more detailed understanding of the project and helps in identifying the necessary steps and tasks required to complete the project successfully. By decomposing the project, it becomes easier to estimate the resources, time, and cost required for each activity, leading to better project planning and execution.

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  • 5. 

    During the development of the project stakeholder engagement plan, the project manager is usually dependent on the expert judgment of senior stakeholders to identify and plan effective stakeholder management strategies. Which of the following stakeholders cannot guide the project manager in developing effective strategies for internal stakeholders?

    • A.

      Sponsor

    • B.

      Identified key stakeholders

    • C.

      Customers

    • D.

      Project team members

    Correct Answer
    C. Customers
    Explanation
    Customers cannot guide the project manager in developing effective strategies for internal stakeholders because customers are external stakeholders. The project manager relies on the expert judgment of senior stakeholders to identify and plan effective stakeholder management strategies, and customers do not fall into this category.

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  • 6. 

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

    • A.

      Lowest

    • B.

      Any

    • C.

      Tenth

    • D.

      Highest

    Correct Answer
    A. Lowest
    Explanation
    The Create WBS process is used to break down the project deliverables into smaller, more manageable components. These components are then organized in a hierarchical structure known as the Work Breakdown Structure (WBS). The WBS starts with the highest level deliverables and breaks them down into lower level components. Therefore, the deliverables at the lowest level in the WBS are identified through the Create WBS process.

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  • 7. 

    What is the primary risk when including reserves, or contingency allowances, in your cost estimate?

    • A.

      Canceling your project

    • B.

      Understating the cost estimate

    • C.

      Overstating the cost estimate

    • D.

      Tracking the funds

    Correct Answer
    C. Overstating the cost estimate
    Explanation
    Including reserves or contingency allowances in a cost estimate helps to account for unforeseen events or risks that may increase the project cost. By overstating the cost estimate, it means that the estimate includes more funds than necessary, which provides a buffer for potential risks. This approach ensures that the project budget is prepared for any unexpected expenses, reducing the risk of going over budget.

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  • 8. 

    Which of the following statements most accurately describes a project scenario?

    • A.

      Changes in project scope during the initial phases of the project are very expensive.

    • B.

      The influence of the stakeholders is the same all through the project.

    • C.

      Staffing peaks during the execution phase of a project.

    • D.

      The next phase of a project should never start until the deliverables for the previous phase   are completely reviewed and approved.

    Correct Answer
    C. Staffing peaks during the execution phase of a project.
    Explanation
    Staffing peaks during the execution phase of a project means that the highest number of resources, such as employees or contractors, are required during the execution phase. This is because the execution phase is when the majority of the work is being done and the project is actively being implemented. During this phase, there is typically a higher demand for manpower to ensure that tasks are completed on time and according to plan.

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  • 9. 

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

    • A.

      Template for resource management plan

    • B.

      Resource management policies and procedures

    • C.

      Historical information about previous projects

    • D.

      Standardized stakeholder list

    Correct Answer
    D. Standardized stakeholder list
    Explanation
    The standardized stakeholder list is not an organizational process asset used during the Plan Resource Management process. This process involves identifying and documenting the project roles, responsibilities, and reporting relationships, as well as the staffing management plan. The other options, such as the template for resource management plan, resource management policies and procedures, and historical information about previous projects, are all examples of organizational process assets that are typically used in this process.

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  • 10. 

    During the Manage Stakeholder Engagement process, a number of project documents might get updated. Which of the following project documents get updated the most during this process?

    • A.

      Stakeholder register

    • B.

      Risk register

    • C.

      Project reports

    • D.

      Project presentations

    Correct Answer
    A. Stakeholder register
    Explanation
    During the Manage Stakeholder Engagement process, the stakeholder register is likely to be updated the most. This is because this process involves actively engaging with stakeholders and managing their expectations and needs throughout the project. As a result, new stakeholders may be identified, existing stakeholder information may change, and their level of engagement may evolve. Therefore, the stakeholder register needs to be regularly updated to reflect these changes and ensure effective stakeholder management.

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  • 11. 

    Few project managers collect lessons-learned information throughout the project’s life. Most tackle this in the final days of the project or, worse, after the project is complete. What is the negative consequence of this approach?

    • A.

        It makes compiling and obtaining project information difficult.

    • B.

      It might result in further expenses on the project.

    • C.

      The project’s NPV becomes zero.

    • D.

      It requires hiring a specialist to do the job.

    Correct Answer
    A.   It makes compiling and obtaining project information difficult.
    Explanation
    Collecting lessons-learned information throughout the project's life allows for continuous improvement and learning from mistakes or successes. Waiting until the final days or after the project is complete makes it difficult to compile and obtain project information in a systematic and organized manner. This can lead to important insights and knowledge being overlooked or forgotten, hindering future project planning and decision-making.

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  • 12. 

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

    • A.

      RACI chart

    • B.

      Control chart

    • C.

      Fishbone diagram

    • D.

      Probability and impact matrix

    Correct Answer
    D. Probability and impact matrix
    Explanation
    The recommended method for prioritizing project risks and their mitigation plans is by using a probability and impact matrix. This matrix allows for the assessment of the likelihood of a risk occurring and the potential impact it would have on the project. By assigning a numerical value to both the probability and impact, risks can be prioritized based on their overall risk score. This helps project managers focus on the most critical risks and develop appropriate mitigation strategies to address them.

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  • 13. 

    If you are managing changes to the project's cost baseline, which process are you using?

    • A.

      Negotiate Costs

    • B.

      Estimate Costs

    • C.

      Control Costs

    • D.

      Determine Budget

    Correct Answer
    C. Control Costs
    Explanation
    The correct answer is Control Costs because this process involves monitoring and controlling the project's cost performance. It includes activities such as tracking actual costs, comparing them to the planned costs, and taking corrective actions if necessary. This process ensures that the project stays within the approved budget and helps in managing changes to the project's cost baseline.

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  • 14. 

    During the Control Procurements process, a number of documents might get updated due to various reasons. Which of the following components of the project management plan is least likely to get updated during this process

    • A.

      Quality management plan

    • B.

      Procurement management plan

    • C.

      Schedule baseline

    • D.

      ​​​​Cost baseline

    Correct Answer
    A. Quality management plan
    Explanation
    During the Control Procurements process, the Quality management plan is least likely to get updated. This is because the Control Procurements process primarily focuses on managing and controlling the procurement activities and contracts, rather than directly impacting the quality management aspects of the project. The Quality management plan outlines the processes and procedures for ensuring and controlling quality throughout the project, and it is typically updated during quality control activities or when there are significant changes to the project scope or requirements.

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  • 15. 

    In order to facilitate project configuration and change management on complex projects, a project manager relies on configuration and change management tools. Such tools:

    • A.

      Can be manual or automatic; the selection depends on the project’s environment and requirements.

    • B.

      Must be manual; a complex project requires all change requests to be manually signed.

    • C.

      Must be automatic; a complex project requires complex change control procedures.

    • D.

      Change control must be manual, but the configuration control may be automatic.

    Correct Answer
    A. Can be manual or automatic; the selection depends on the project’s environment and requirements.
    Explanation
    The explanation for the given correct answer is that the selection of configuration and change management tools can be either manual or automatic depending on the project's environment and requirements. This means that the project manager has the flexibility to choose the most suitable tool based on the specific needs of the project. It allows for customization and adaptability, ensuring that the project's configuration and change management processes are effective and efficient.

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  • 16. 

    Various tools and techniques determine project requirements during the Collect Requirements process. These requirements form the basis for defining the project scope. One of the responsibilities of a project manager is to identify key project deliverables during this exercise. Where are the key project deliverables documented?

    • A.

      Scope Management Plan

    • B.

      Requirements Management Plan

    • C.

      Project Scope Statement

    • D.

      Accepted Deliverables

    Correct Answer
    C. Project Scope Statement
    Explanation
    During the Collect Requirements process, one of the responsibilities of a project manager is to identify key project deliverables. These deliverables are documented in the Project Scope Statement. This document outlines the project's objectives, deliverables, and boundaries. It provides a clear understanding of what needs to be accomplished and serves as a reference for stakeholders and team members throughout the project lifecycle. The Project Scope Statement helps ensure that everyone involved understands the project's scope and what is expected to be delivered.

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  • 17. 

    Which one do you like?

    • A.

      Option 1

    • B.

      Option 2

    • C.

      Option 3

    • D.

      Option 4

    Correct Answer
    A. Option 1
  • 18. 

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

    • A.

      Risk Register

    • B.

      Risk Mitigation

    • C.

      Risk Categories

    • D.

      Risk Breakdown Structure

    Correct Answer
    D. Risk Breakdown Structure
    Explanation
    A Risk Breakdown Structure is a hierarchical representation of project risks. It breaks down the overall project risks into smaller, more manageable components, allowing for a more detailed analysis and understanding of the potential risks involved. This structure helps in identifying, categorizing, and prioritizing risks, which in turn enables effective risk management and mitigation strategies to be developed and implemented.

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  • 19. 

    If an investment in a project returns 15 percent annually, how much should you invest to get $5 million by the end of the fifth year?

    • A.

      2485884

    • B.

      2857143

    • C.

      2501376

    • D.

      2685292

    Correct Answer
    A. 2485884
    Explanation
    To calculate the amount that should be invested to get $5 million by the end of the fifth year, we can use the formula for compound interest. The formula is: A = P(1 + r)^n, where A is the future value, P is the principal amount (the amount to be invested), r is the annual interest rate, and n is the number of years. Rearranging the formula to solve for P, we have P = A / (1 + r)^n. Plugging in the given values, we get P = 5,000,000 / (1 + 0.15)^5 = 2,485,884. Therefore, the correct answer is 2485884.

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  • 20. 

    A business is considering more than a dozen infrastructure upgrade projects. These projects, once delivered, will add to the organization’s overall performance but will not contribute to any of the revenue streams. Prior to initiating any such project, the value of the project to the organization must be determined. Which of the following is the most important factor to consider in such a scenario?

    • A.

      Net Present Value (NPV) of the projects

    • B.

      Internal Rate of Return (IRR) of the projects

    • C.

      Alignment with the strategic goals

    • D.

      Investment requirement

    Correct Answer
    C. Alignment with the strategic goals
    Explanation
    In this scenario, the most important factor to consider when determining the value of the infrastructure upgrade projects is their alignment with the strategic goals of the organization. Since these projects will not contribute to any revenue streams, it is crucial to ensure that they align with the overall objectives and direction of the business. By considering the strategic goals, the organization can prioritize projects that will have the greatest impact on its performance and long-term success. Net Present Value (NPV) and Internal Rate of Return (IRR) are important financial metrics, but in this case, they may not be as relevant since the focus is on overall performance rather than financial returns. Investment requirement is also important, but it should be evaluated in conjunction with the alignment with strategic goals to make informed decisions.

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  • 21. 

    If a project manager believes that a particular subcontract needs to be terminated, which of the following can provide guidance on the contract termination procedure?

    • A.

      The contract termination procedures in the organizational process assets

    • B.

      The termination clause of the specific subcontract

    • C.

      The change control procedures in the project management plan

    • D.

      The contract termination procedures in the project procurements management plan

    Correct Answer
    B. The termination clause of the specific subcontract
    Explanation
    The termination clause of the specific subcontract can provide guidance on the contract termination procedure. This clause is typically included in the subcontract and outlines the conditions and procedures for terminating the contract. It may specify the reasons for termination, the notice period required, any penalties or liabilities involved, and the steps that need to be taken to properly terminate the contract. By referring to this clause, the project manager can ensure that the termination is done in accordance with the agreed-upon terms and conditions.

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  • 22. 

    Which of these types of precedence relationships is least commonly used in the Precedence Diagramming Method?

    • A.

      Start to Start

    • B.

      Finish to Finish

    • C.

      Finish to Start

    • D.

      Start to Finish

    Correct Answer
    D. Start to Finish
    Explanation
    The Start to Finish precedence relationship is the least commonly used in the Precedence Diagramming Method. This type of relationship indicates that a successor activity cannot start until a predecessor activity has finished. While the other types of relationships (Start to Start, Finish to Finish, and Finish to Start) are more commonly used and represent different dependencies between activities, the Start to Finish relationship is less frequently encountered in project management.

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  • 23. 

    A RACI chart is an example of a _________________.

    • A.

      Network

    • B.

      Flowchart

    • C.

      Responsibility assignment matrix

    • D.

      Hierarchical-type organization chart

    Correct Answer
    C. Responsibility assignment matrix
    Explanation
    A RACI chart is an example of a Responsibility assignment matrix. A RACI chart is a project management tool that helps to clarify and define the roles and responsibilities of team members. It stands for Responsible, Accountable, Consulted, and Informed, which are the four types of roles that can be assigned in the matrix. The chart helps to ensure that everyone knows their responsibilities and who they need to consult or inform during the project.

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  • 24. 

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

    • A.

      The cost variance is $1.05

    • B.

      The cost variance is $5,000

    • C.

      The cost variance is $0.95

    • D.

      The cost variance is $-5,000

    Correct Answer
    B. The cost variance is $5,000
    Explanation
    The cost variance is calculated by subtracting the actual amount spent (AC) from the current total earned value (EV). In this case, the EV is $100,000 and the AC is $95,000. Therefore, the cost variance is $100,000 - $95,000 = $5,000.

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  • 25. 

    A contractor is currently constructing a new building for your organization on a cost-plus-incentive contract. You just received the project status report from the contractor’s project manager. According to the report, the project’s CPI is 1.5. You are shocked because you believe the project costs are out of control. Upon investigation, you learn the $1 million advance payment (20 percent of the estimated project cost) given to the contractor at the start of the project was included in the project’s earned value. Further, the cost of the inventory at the project site was excluded from the total actual costs. According to the contract, your company reimburses only the costs for the completed deliverables and not for the supplies in the project’s inventory. In this scenario, the reported project’s CPI is incorrect because:

    • A.

      Actual cost is understated.

    • B.

      Earned value is overstated, and actual cost is understated.

    • C.

      Earned value is overstated.

    • D.

                      ​​​​​​Both the earned value and the actual cost are overstated.

    Correct Answer
    C. Earned value is overstated.
    Explanation
    The reported project's CPI is incorrect because the earned value is overstated. The $1 million advance payment given to the contractor at the start of the project was included in the project's earned value, which inflates the earned value and makes it higher than it should be. The CPI is calculated by dividing the earned value by the actual cost, so when the earned value is overstated, it leads to a higher CPI. In reality, the project costs may not be as out of control as initially believed because the earned value is inflated due to the inclusion of the advance payment.

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  • 26. 

    Each critical project communication requirement must be carefully analyzed. One good way is to use a communication model to design effective communications. What is the sequence of steps in a basic communication model?

    • A.

      Encode -> Decode -> Transmit -> Acknowledge -> Feedback

    • B.

      Encode -> Transmit -> Decode -> Acknowledge -> Feedback

    • C.

      Decode -> Encode -> Transmit -> Acknowledge -> Feedback

    • D.

      Encode -> Transmit -> Decode -> Feedback -> Acknowledge

    Correct Answer
    B. Encode -> Transmit -> Decode -> Acknowledge -> Feedback
    Explanation
    In a basic communication model, the first step is to encode the message, which involves converting the information into a format that can be transmitted. The next step is to transmit the encoded message to the recipient. Once the recipient receives the message, they need to decode it, which involves interpreting and understanding the message. After decoding, the recipient acknowledges that they have received and understood the message. Finally, feedback is provided, which allows for any necessary clarification or further communication.

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  • 27. 

    Recently, a junior team member has challenged the project management approach since not all requirements identified during the Collect Requirements process were documented in the project scope statement. You are the project manager, what should you do first?

    • A.

      Remove the junior team member from the team as this is a disciplinary issue.

    • B.

      Analyze the objection and determine if the requirements were deliberately dropped during the Define Scope process.

    • C.

      Engage the project sponsor to resolve the issue.

    • D.

                     Accept your mistake and include the missed requirements.

    Correct Answer
    B. Analyze the objection and determine if the requirements were deliberately dropped during the Define Scope process.
    Explanation
    The correct answer is to analyze the objection and determine if the requirements were deliberately dropped during the Define Scope process. This is the appropriate first step because it allows the project manager to investigate the validity of the junior team member's claim. By analyzing the objection, the project manager can assess whether any requirements were intentionally left out of the project scope statement and take appropriate action based on the findings. This approach demonstrates a proactive and professional response to the challenge, rather than immediately resorting to disciplinary measures or admitting fault without further investigation.

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  • 28. 

    Project knowledge management is concerned with managing which type of project knowledge?

    • A.

      Both “explicit” and “tacit” knowledge

    • B.

      “Explicit” knowledge; as this can be readily codified

    • C.

      “Tacit” knowledge; as this is difficult to express

    • D.

      “Tacit” knowledge; as this involves beliefs, insights, experience and “know-how”

    Correct Answer
    A. Both “explicit” and “tacit” knowledge
    Explanation
    Project knowledge management is concerned with managing both "explicit" and "tacit" knowledge. "Explicit" knowledge refers to knowledge that can be easily codified and expressed, such as documented procedures, guidelines, and manuals. "Tacit" knowledge, on the other hand, is more difficult to express and involves beliefs, insights, experience, and know-how. Both types of knowledge are important in project management as they contribute to the overall understanding and effectiveness of the project. Managing both explicit and tacit knowledge allows for a comprehensive approach to knowledge sharing and utilization within the project.

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  • 29. 

    Jane is currently reviewing a list of project proposals. All the proposed projects achieve some of the organizational strategic objectives and their expected costs are known. However, Jane cannot execute all the projects due to the funding limitation. How shall Jane determine which projects she needs to execute this year?

    • A.

      Select the high-budget projects and drop the low-budget projects

    • B.

      Select the low-budget projects and drop the high-budget projects

    • C.

      Select the projects that maximize organizational revenue

    • D.

      Select the projects that maximize the business value

    Correct Answer
    D. Select the projects that maximize the business value
    Explanation
    Jane should determine which projects to execute this year based on the projects that maximize the business value. This means that she should prioritize projects that have the highest potential to contribute to the overall success and goals of the organization. By selecting projects that maximize the business value, Jane can ensure that the limited funding is allocated to initiatives that will have the most significant impact and return on investment for the organization.

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  • 30. 

    Increasing the number of resources in order to crash a project schedule does not always cut the time by the same factor. In worst cases, too many resources assigned to an activity may actually increase the activity duration. This is because:

    • A.

      Decrease in cost budget

    • B.

      Required additional coordination

    • C.

      Funding limit reconciliation

    • D.

      Additional risk introduced due to crashing

    Correct Answer
    B. Required additional coordination
    Explanation
    Assigning too many resources to an activity can actually increase the activity duration because it requires additional coordination. When there are too many resources involved, it becomes more difficult to manage and coordinate their efforts effectively. This can lead to delays in communication, conflicting priorities, and increased complexity in managing the project. As a result, the activity duration may be extended rather than shortened.

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  • 31. 

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

    • A.

      Phase gate

    • B.

      Phase planning

    • C.

      Kill point

    • D.

      Stage gate

    Correct Answer
    B. Phase planning
    Explanation
    The correct answer is "Phase planning." This is an incorrect way of describing the review because the review at the end of a phase is not focused on planning the next phase, but rather on obtaining authorization to close the current phase and initiate the next one. The review is more about evaluating the performance and deliverables of the current phase rather than planning for the next phase.

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  • 32. 

    Which of the following tools and techniques is useful to process work performance data to identify sources of project defects during the Control Quality process?

    • A.

      Data analysis

    • B.

      Salience model

    • C.

      Schedule model

    • D.

      Communication model

    Correct Answer
    A. Data analysis
    Explanation
    Data analysis is a useful tool and technique to process work performance data and identify sources of project defects during the Control Quality process. By analyzing the data, project managers can identify patterns, trends, and anomalies that may indicate potential sources of defects. This analysis helps in understanding the root causes of defects and enables the implementation of corrective actions to improve project quality.

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  • 33. 

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

    • A.

      Requirements to project objectives

    • B.

      Requirements to project scope

    • C.

      Requirements to test strategy

    • D.

                       Requirements to project risk

    Correct Answer
    D.                  Requirements to project risk
    Explanation
    The Requirements Traceability Matrix is a tool used in project management to ensure that all requirements are linked to their sources and can be traced throughout the project lifecycle. It helps in establishing a clear relationship between requirements and various project aspects such as objectives, scope, and test strategy. However, it does not specifically trace requirements to project risks. Therefore, the correct answer is "Requirements to project risk."

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  • 34. 

    Which of the following should you not use as an input into creating the WBS structure?

    • A.

      Bill of Material (BOM)

    • B.

      Project scope statement

    • C.

      Organizational process assets

    • D.

      Requirements documentation

    Correct Answer
    A. Bill of Material (BOM)
    Explanation
    The Bill of Material (BOM) should not be used as an input into creating the WBS structure. The WBS is a hierarchical decomposition of the project scope into smaller, more manageable components. It is used to organize and define the work that needs to be done to complete the project. The BOM, on the other hand, is a list of all the components and materials needed to build a product. While it may be useful for procurement and manufacturing purposes, it does not provide the necessary information for creating the WBS structure.

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  • 35. 

    Which of the following processes are usually performed once or at predefined points in the project:

    • A.

      “Develop Project Charter” and “Close Project or Phase”

    • B.

      “Develop Project Charter” and “Develop Project Management Plan”

    • C.

      “Develop Project Management Plan” and “Direct and Manage Project Work”

    • D.

      “Direct and Manage Project Work” and “Monitor and Control Project Work”

    Correct Answer
    A. “Develop Project Charter” and “Close Project or Phase”
    Explanation
    The processes of "Develop Project Charter" and "Close Project or Phase" are usually performed once or at predefined points in the project. "Develop Project Charter" is the process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. "Close Project or Phase" is the process of finalizing all activities across all project management process groups to formally complete the project or phase. These processes are typically performed at the beginning and end of a project, respectively, and are not repeated throughout the project lifecycle.

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  • 36. 

    Which term best describes the Identify Risks process?

    • A.

      Finite

    • B.

      Redundant

    • C.

      Iterative

    • D.

                     Inconsequential

    Correct Answer
    C. Iterative
    Explanation
    The term "iterative" best describes the Identify Risks process. This means that the process involves repeating or revisiting certain steps in order to continuously identify and assess risks throughout the project. It suggests that risk identification is an ongoing and dynamic process, rather than a one-time activity.

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  • 37. 

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

    • A.

      Risk factors

    • B.

      Blame

    • C.

      Risk mitigation plans

    • D.

      Risk categories

    Correct Answer
    D. Risk categories
    Explanation
    Assigning risk categories during the Plan Risk Management process helps the project team identify all important risks and work more effectively during the identification process. By categorizing risks, it becomes easier to organize and prioritize them, ensuring that no significant risks are overlooked. This allows the team to focus their efforts on addressing the most critical risks and developing appropriate risk mitigation plans.

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  • 38. 

    Which of these processes is not a Project Schedule Management process?

    • A.

      Create WBS

    • B.

      Develop Schedule  

    • C.

                  Define Activities

    • D.

      Sequence Activities

    Correct Answer
    A. Create WBS
    Explanation
    The process of creating a Work Breakdown Structure (WBS) is not a Project Schedule Management process. The WBS is a hierarchical decomposition of the project's deliverables and work activities, which is used for organizing and defining the scope of the project. Project Schedule Management processes, on the other hand, involve activities such as developing and controlling the project schedule, sequencing activities, and defining activities. While the WBS is an important tool for project management, it is not directly related to the scheduling of project activities.

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  • 39. 

    The technique most commonly used by project management software packages to construct a project schedule model is:

    • A.

      Precedence diagramming method (PDM)

    • B.

      Finish-to-Start (FS)

    • C.

      Activity-In-Node (AIN)

    • D.

      Node-On-Activity (NOA)

    Correct Answer
    A. Precedence diagramming method (PDM)
    Explanation
    Project management software packages commonly use the Precedence Diagramming Method (PDM) to construct a project schedule model. PDM is a technique that represents the logical relationships between project activities using nodes and arrows. It allows for the identification of dependencies and the sequencing of activities based on their relationships. This method is widely used because it provides a visual representation of the project schedule, making it easier to understand and manage. Additionally, PDM allows for the identification of critical paths and helps in determining the project's duration and resource requirements.

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  • 40. 

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

    • A.

      Work Breakdown Structure (WBS)

    • B.

      Bill of Material (BOM)

    • C.

      Project Charter

    • D.

      Requirements Breakdown Structure (RBS)

    Correct Answer
    A. Work Breakdown Structure (WBS)
    Explanation
    The Work Breakdown Structure (WBS) defines the total scope of the project and represents the work specified in the currently approved project scope statement. It breaks down the project into smaller, more manageable components, allowing for better planning, organization, and control of the project. The WBS provides a hierarchical structure that shows the relationship between different tasks and deliverables, making it easier to assign responsibilities and track progress. It is an essential tool for project management and helps ensure that all necessary work is included in the project scope.

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  • 41. 

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

    • A.

      Delegate the WBS creation since it is not an important process.

    • B.

      Skip the WBS process.

    • C.

      Use a previous WBS from a similar project as a template.

    • D.

                    Create a less detailed WBS.

    Correct Answer
    C. Use a previous WBS from a similar project as a template.
    Explanation
    Using a previous WBS from a similar project as a template can save time during the creation process of a new WBS. This is because a previous WBS can serve as a starting point and provide a structure that can be adapted and customized for the current project. It eliminates the need to start from scratch and allows for the reuse of existing work breakdown structures, saving time and effort in creating a new one.

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  • 42. 

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

    • A.

      Finish-to-Start

    • B.

      Start-to-Finish

    • C.

      Start-to-Start

    • D.

      Finish-to-Finish

    Correct Answer
    A. Finish-to-Start
    Explanation
    Finish-to-Start is the most commonly used precedence relationship in the Precedence Diagramming Method. This means that a successor activity cannot start until its predecessor activity has finished. This relationship is widely used because it allows for a logical sequence of activities, where each activity depends on the completion of the previous one. It ensures that there is a clear order of tasks and helps in determining the critical path and project schedule.

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  • 43. 

    The output of the Validate Scope process is accepted deliverables that are formally signed off by the stakeholders. The stakeholders, on some projects, can get involved with the project as early as:

    • A.

      During the project initiation

    • B.

      During the project planning

    • C.

      During the project execution

    • D.

      During the project monitoring & controlling

    Correct Answer
    A. During the project initiation
    Explanation
    During the project initiation, stakeholders can get involved with the project. This is the initial phase of the project where the project objectives and scope are defined. It is important for stakeholders to be involved at this stage to ensure that their requirements and expectations are considered and incorporated into the project plan. By involving stakeholders early on, it allows for better alignment and understanding of the project goals, which increases the likelihood of delivering accepted deliverables that are formally signed off by the stakeholders.

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  • 44. 

    An effective quality audit should be:

    • A.

      Structured and independent

    • B.

      Informal and independent

    • C.

      Informal and internal

    • D.

      Structured and internal

    Correct Answer
    A. Structured and independent
    Explanation
    An effective quality audit should be structured in order to ensure that all necessary steps and processes are followed consistently. This helps to identify any potential issues or areas for improvement. Additionally, the audit should be independent to ensure objectivity and impartiality. This means that the auditors should not have any personal or financial interest in the outcome of the audit, allowing them to provide unbiased assessments and recommendations.

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  • 45. 

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

    • A.

      Text-oriented role description

    • B.

      Flowchart

    • C.

      Project organization charts

    • D.

      Matrix-based responsibility chart

    Correct Answer
    C. Project organization charts
    Explanation
    Project organization charts are the traditional way to display a reporting structure among project team members. These charts visually represent the hierarchy and relationships within a project team, showing the different roles and positions and how they are connected. This allows team members to understand who they report to and who they are responsible for, helping to establish clear lines of communication and accountability within the project.

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  • 46. 

    Kevin is assigned to a software development project that will start in the near future and is currently tailoring the PMBOK processes to satisfy the project’s specific needs. Kevin wants to introduce a new process, “Identify Key Deliverables”, to the existing six project scope management processes. Although he understands that project deliverables identification is already in the PMBOK scope management processes, he believes that having a dedicated process will stress the importance of determining and agreeing to key project deliverables. The best position for the new “Identify Key Deliverables” process should be between which of the following two processes?

    • A.

      Define Scope and Create WBS

    • B.

      Create WBS and Validate Scope

    • C.

      Plan Scope Management and Collect Requirements

    • D.

      Collect Requirements and Define Scope

    Correct Answer
    D. Collect Requirements and Define Scope
    Explanation
    The new process "Identify Key Deliverables" should be positioned between the processes "Collect Requirements" and "Define Scope" because it is important to first collect the requirements from stakeholders and then use those requirements to identify the key deliverables of the project. Once the key deliverables are identified, they can be used to define the scope of the project. Therefore, the new process should come after collecting requirements and before defining the scope.

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  • 47. 

    During which stages of a project should the project manager be most active in managing project stakeholders’ needs and expectations?

    • A.

      Initiating and planning

    • B.

      Planning and executing

    • C.

      Executing and controlling

    • D.

             Controlling and closing

    Correct Answer
    A. Initiating and planning
    Explanation
    During the initiating and planning stages of a project, the project manager should be most active in managing project stakeholders' needs and expectations. This is because these stages involve defining the project scope, objectives, and stakeholders, as well as identifying their needs and expectations. By actively managing stakeholders' needs and expectations during this early phase, the project manager can ensure that they are properly understood and incorporated into the project plan, leading to a more successful and satisfactory outcome for all parties involved.

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  • 48. 

    Project risks should be identified by:

    • A.

      Those invited to the risk identification process only

    • B.

      Key project stakeholders only

    • C.

      The project manager only  

    • D.

                     All project personnel

    Correct Answer
    D.                All project personnel
    Explanation
    All project personnel should be involved in identifying project risks because they have different perspectives and experiences that can contribute to a comprehensive risk assessment. By including all project personnel, the team can identify potential risks from various angles and ensure that no important risks are overlooked. This approach also promotes a sense of ownership and responsibility among team members, increasing their commitment to managing and mitigating risks throughout the project.

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  • 49. 

    A control chart should always contain:

    • A.

      Upper and lower warning limits

    • B.

      The moving average

    • C.

      Upper and lower control limits

    • D.

      Upper and lower specification limits

    Correct Answer
    C. Upper and lower control limits
    Explanation
    A control chart should always contain upper and lower control limits because these limits help to identify whether a process is in control or not. The control limits are calculated based on the process data and represent the boundaries within which the process should operate. If data points fall outside of these limits, it indicates that the process is out of control and requires investigation and corrective action. The control limits provide a statistical measure of the process variation and help to determine if the process is stable and capable of meeting specifications.

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  • 50. 

    When is Rolling Wave Planning useful in a project?

    • A.

      You should use Rolling Wave Planning to help you achieve the appropriate level of detail in each work package at the right time.

    • B.

      You should use Rolling Wave Planning to determine the correct sequencing for long-term items.

    • C.

      You should use Rolling Wave Planning to help you organize team members' activities within a large project group.  

    • D.

                  You should use Rolling Wave Planning to help you determine which activities are more important and to do them first.

    Correct Answer
    A. You should use Rolling Wave Planning to help you achieve the appropriate level of detail in each work package at the right time.
    Explanation
    Rolling Wave Planning is useful in a project to achieve the appropriate level of detail in each work package at the right time. This approach allows for flexibility and adaptability as it focuses on planning and executing in smaller increments rather than trying to plan everything upfront. By continuously updating and refining the plan as the project progresses, Rolling Wave Planning ensures that the level of detail in each work package is appropriate and avoids the need for extensive rework or adjustments later on.

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Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 13, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 11, 2020
    Quiz Created by
    Bernice Acquah
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