Project Management Professional Test! Quiz

154 Questions | Total Attempts: 328

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Project Management Professional Test! Quiz

Below is a project management professional test. It is expected that every manager in an organization has some information on project management and just to ensure that they can complete tasks using available resources and deliver as planned. How about you go through each question and get to see how knowledgeable you are on project management as a whole.


Questions and Answers
  • 1. 
    To Support the Mission of AUC Bank; “ Customers First”, the CEO of AUC bank is concerned about the Customer Complaint response time. He wants to improve Customer Call Center processes to decrease the response time. What should the CEO of AUC Bank do to address the scenario?
    • A. 

      Provide a Project Management Training to call center staff

    • B. 

      Assign a Project manager , having experience in Call Center operations

    • C. 

      Transform from Functional to a Projectized organization structure

    • D. 

      Streamlines the processes of Call center operations

  • 2. 
    You are hired in a large scale project, where six different sub-contractors are involved, as a Project Manager which of the following activity is not your responsibility? 
    • A. 

      Monitor and Control the Project Status

    • B. 

      Develop the Project Management Plan

    • C. 

      Monitor and Control the Status of your vendors

    • D. 

      Ensure integrity of sub-contractors team

  • 3. 
    During the Planning phase of project, it is important to identify the internal and external factors that can influence the project success. In this context, which of the following statements about enterprise environmental factors is NOT true? 
    • A. 

      Neither promote nor hold back the project management processes

    • B. 

      May restrict the project management processes

    • C. 

      May promote the project management processes

    • D. 

      May either promote or hold back the project management

  • 4. 
    • A. 

      PMO manages major program scope changs

    • B. 

      PMO manages the methodologies, and standards

    • C. 

      PMO manages the interdependencies among projects at the enterprise level

    • D. 

      PMO controls the assigned project resources to best meet project objectives

  • 5. 
    You are managing an IT Infrastructure Project  and developed a Project life Cycle with its phases to execute the project accordingly. In this context Which of the following statement about Project Life Cycle INCORRECT?
    • A. 

      Stakeholder influence, risk, and uncertainty are highest at the start of IT Infrastructure Project

    • B. 

      Ability of the stakeholders to influence final characteristics of IT Infrastructure Project increases as the project progresses.

    • C. 

      The project life cycle determines which transitional actions at the beginning and end of the project are included, so that the project can be linked to the ongoing operations of the performing organization.

    • D. 

      Stakeholder influence, risk, and uncertainty decrease as the IT Infrastructure Project progresses.

  • 6. 
    • A. 

      Weak matrix structure with multiple functional managers to report

    • B. 

      Low position in the organization hierarchy

    • C. 

      Stakeholder roles that are not well defined

    • D. 

      Work pressure and high stress

  • 7. 
    You are working as a Project Manager in a Bank where decisions are primarily made by functional head. The organizational structure of bank is?
    • A. 

      Weak Matrix

    • B. 

      Balanced Matrix

    • C. 

      Projectized

    • D. 

      String Matrix

  • 8. 
    You are working as a Project Manager in a Projectized organization, where  you and your team are co-located in same place, and you are an authoritative Project Manager.All of the following are advantages of a Projectized organizational structure EXCEPT:
    • A. 

      Loyalty to the project

    • B. 

      Home for the team members after the project is completed

    • C. 

      Effective communication

    • D. 

      Team is only reported to Project Manager

  • 9. 
    You are working in an IT department of a leading commercial Bank. Your department performs 60-70  projects every year, and you work with cross-department teams to complete the project and your team reports to both, You as a Project Manager and their respective functional head. Your Commercial Bank is classified as:
    • A. 

      Projectized

    • B. 

      Balanced Matrix

    • C. 

      Strong Matrix

    • D. 

      Weak Matrix

  • 10. 
    Who of the following are always the stakeholder?
    • A. 

      CEO of the company

    • B. 

      User who is going to use the product

    • C. 

      A functional manager from sales department

    • D. 

      A person who might lose his or her position in the company because of the project

  • 11. 
    • A. 

      Sponsor is responsible for the funding for a new project's conceptual study

    • B. 

      Sponsor champions the project

    • C. 

      Sponsor can authorize changes in scope

    • D. 

      Sponsor is the only person who can write the Project Charter

  • 12. 
    You are given the following four projects. Which project will you select?
    • A. 

      Project A with an opportunity cost of $ 200,000

    • B. 

      Project B with a benefit-cost ratio of 0.50

    • C. 

      Project C with an IRR of -5%

    • D. 

      Project D with NPV of $ 150,000

  • 13. 
    • A. 

      Develop Project Management Plan

    • B. 

      Direct and Manage Project Work

    • C. 

      Develop Project Charter

    • D. 

      Perform Integrated Change Control

  • 14. 
    You are in the initiating phase of your project and are involved with creation of the project charter. Which of the following statements relating to the project charter is NOT correct?
    • A. 

      It is the document that formally authorizes a project.

    • B. 

      Provides authority to the project manager.

    • C. 

      It is issued by a project initiator or sponsor external to the project organization, at a level that is appropriate to funding the project

    • D. 

      It is used primarily to request bids for different phases of a project.

  • 15. 
    • A. 

      Develop Project Management Plan

    • B. 

      Identify a project manager for the project

    • C. 

      Document Business Need

    • D. 

      Identify the stakeholders

  • 16. 
    • A. 

      Identify Stakeholders

    • B. 

      Identify stakeholders need

    • C. 

      Assess the impact of stakeholders in project

    • D. 

      Make sure all the stakeholders are in project plan

  • 17. 
    • A. 

      Successful business value realization begins with comprehensive operational planning.

    • B. 

      Business Value concept is unique to each organization

    • C. 

      Business Value may be created through the effective management of ongoing operations.

    • D. 

      All organizations focus on attaining business value for their activities

  • 18. 
    You are identified as a Project Manager, What is your first activity, after gaining the approval on Charter?
    • A. 

      Create Human Resource Plan

    • B. 

      Create Project Management Plan

    • C. 

      Create Communications Management Plan

    • D. 

      Create Stakeholder Register

  • 19. 
    Stakeholder identification should ?
    • A. 

      Occur as early as possible

    • B. 

      Start as soon as possible

    • C. 

      Be done as late as possible

    • D. 

      Continue throughout Project lifecycle

  • 20. 
    Stakeholder analysis steps are ?
    • A. 

      Identify Stakeholders, Assess how they react, and identify potential impact

    • B. 

      List Stakeholders, analyze potential impact, and Assess how they react

    • C. 

      List internal stakeholders, external stakeholders, and their impact documentation

    • D. 

      Identify stakeholder power, list their power impact and create reaction plan

  • 21. 
    If you are describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate), this can be referred to as:
    • A. 

      Group decision technique

    • B. 

      Salience model

    • C. 

      Power/Influence grid

    • D. 

      Influence/Impact grid

  • 22. 
    You, as the project manager, are planning to document relevant information on interest, involvement, and impact of the stakeholders on the project success. Which of the following communication processes should you follow?
    • A. 

      Stakeholder analysis

    • B. 

      Plan Stakeholder management

    • C. 

      Manage Stakeholder Engagement

    • D. 

      Identify Stakeholders

  • 23. 
    • A. 

      Predictive Life cycles are also known as fully plan-driven

    • B. 

      Iterative life cycles are also known as iterations

    • C. 

      Adaptive life cycles are also known as change-driven

    • D. 

      Incremental life cycle develop the product through a series of repeated cycles

  • 24. 
    At the end of the closing process group
    • A. 

      It is verified that the defined processes are completed within all the process groups to close the project or project phase.

    • B. 

      It is determined that the product will be successful in the market.

    • C. 

      The project management plan is written off by the project sponsor.

    • D. 

      The new change requests are initiated as required.

  • 25. 
    The last activity of closing process group IS?
    • A. 

      Complete the Lesson Learned

    • B. 

      Provide the relevant documents to client

    • C. 

      Update the Archives

    • D. 

      Release the team

  • 26. 
    You are performing administrative closure activities during the Close Procurement Process.  All are administrative closure activities EXCEPT?
    • A. 

      Finalizing Open Claims

    • B. 

      Project Document Archiving

    • C. 

      Lesson Learned Documentation

    • D. 

      Obtain formal acceptance of the project scope from the customer

  • 27. 
    Early termination of a contract is a special case of procurement closure. This can happen because of:
    • A. 

      Default of the buyer

    • B. 

      Default of the seller

    • C. 

      Mutual agreement of the parties

    • D. 

      Any of the above reasons

  • 28. 
    You have contracted some work to a vendor, and would like to identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts within the performing organization. This can be performed through:
    • A. 

      Procurement audit

    • B. 

      Contract file

    • C. 

      Contract performance reporting

    • D. 

      Lessons learned documentation

  • 29. 
    In Close Procurements process, you are responsible to complete each project procurement to support the Close Project or Phase process. In this context, the final equitable settlement of all outstanding issues, claims, and disputes by negotiation is done through:
    • A. 

      Contract closure

    • B. 

      Procurement audits

    • C. 

      Claims documentations

    • D. 

      Procurement Negotiations

  • 30. 
    • A. 

      Formal Acceptance

    • B. 

      Perform audit

    • C. 

      Record Lesson Learned

    • D. 

      Final Performance Reporting

  • 31. 
    Outputs of Close Procurements process include all of the following EXCEPT:
    • A. 

      Closed procurements.

    • B. 

      Formal confirmation of deliverable acceptance.

    • C. 

      The request for proposal (RFP) or request for quotation(RFQ), and the seller's working proposal.

    • D. 

      Lessons learned documentation.

  • 32. 
    All of the following would occur during the Close Project or Phase Process EXCEPT:
    • A. 

      Formal Acceptance

    • B. 

      Archiving Project Records

    • C. 

      Analysis of Project Success

    • D. 

      Performing Cost Benefit Analysis

  • 33. 
    • A. 

      Close Project or Phase

    • B. 

      Control Scope

    • C. 

      Perform Quality Control

    • D. 

      Monitor and Control Project Work

  • 34. 
    You are performing administrative closure activities during the Close Project or Phase Process. All are administrative closure activities of a  Project EXCEPT:
    • A. 

      Transfer the Project’s products to operations

    • B. 

      Project Document Archiving

    • C. 

      Lesson Learned Documentation

    • D. 

      Performance Measurement Documentation

  • 35. 
    All Are the key elements of Product or Service Transition in Close Project or Phase Process EXCEPT:
    • A. 

      Lesson Learned documented

    • B. 

      Formal Signoff

    • C. 

      Product is handed over to operations

    • D. 

      Customer Acceptance Notifications

  • 36. 
    You are in the Close Project or Phase of the project. You finalize all activities across all the project management process groups to formally complete the phase. You also update documents, such as project management plan, scope management plan, cost management plan, etc. that are generated from project`s activities. These documents are also referred to as:
    • A. 

      Project Files

    • B. 

      Project Plan

    • C. 

      Historical Information

    • D. 

      Project Records

  • 37. 
    The Close Project or Phase process is different than the Close Procurements process. Which Statement below is correct in reference to that
    • A. 

      Close Project or Phase occurs at Project end while Close Procurement occurs at Phase end

    • B. 

      Close Procurement involves updating employee skills in their records while close Project or Phase performs audit

    • C. 

      Close Procurement performs audit while close Project or Phase involves updating employee skills in their records

    • D. 

      Close Project or Phase occurs before the Close Procurements

  • 38. 
    A project management plan is a formal, approved document that defines how the project is executed, monitored and controlled. In this scenario, who is responsible to create a project management plan?
    • A. 

      Project manager creates the project management plan based on inputs from the sponsor and the functional manager.

    • B. 

      Sponsor creates the project management plan based on inputs from the project manager and the functional manager.

    • C. 

      Project manager creates the project management plan based on inputs from the team.

    • D. 

      Sponsor creates the project management plan based on inputs from all the stakeholders.

  • 39. 
    In your project, you create project documents which will help you when managing the project. Which of the following is NOT an example of project documents?
    • A. 

      Requirement management plan

    • B. 

      Activity list

    • C. 

      Requirements documentation

    • D. 

      Risk register

  • 40. 
    • A. 

      Facilitated workshops

    • B. 

      Focus Groups

    • C. 

      Meetings

    • D. 

      Group decision making techniques

  • 41. 
    All of the following are types of requirements EXCEPT:
    • A. 

      Business Requirements

    • B. 

      Project Requirements

    • C. 

      Risk Requirements

    • D. 

      Quality Requirements

  • 42. 
    In your project, you use product analysis to translate high-level product descriptions into tangible deliverables and requirements. Which of the following techniques is not used in product analysis?
    • A. 

      Value analysis

    • B. 

      Requirement analysis

    • C. 

      System analysis

    • D. 

      Business analysis

  • 43. 
    What is a scope statement?
    • A. 

      Document that formally authorizes a project

    • B. 

      A document that describes the procurement item in sufficient detail

    • C. 

      A documented basis for making future project decisions

    • D. 

      A document that subdivides the major deliverables into smaller, more manageable components

  • 44. 
    You are managing an data centre turnkey project, where you have subcontracted your work to 5 different vendors. You have shared your complete WBS to your subcontractors. Your subcontractors should:
    • A. 

      Use your WBS for project as statement of work

    • B. 

      Create a more detailed WBS for the subcontracted work

    • C. 

      Create a detail activity lists of your WBS, work packages

    • D. 

      Update the descriptions of their work in WBS dictionary

  • 45. 
    You would like to use decomposition for subdivision of project deliverables into smaller, more manageable components until the work and deliverables are defined to the work package level. Which of the following statements about decomposition is incorrect?
    • A. 

      All deliverables should have similar levels of decomposition.

    • B. 

      The project team needs to seek a balance between too little and too much in the level of WBS planning detail.

    • C. 

      The decomposition of the upper level WBS components requires subdividing the work for each of the deliverables or subprojects into its fundamental components.

    • D. 

      Create WBS process decomposition tool decomposes deliverable into deliverable.

  • 46. 
    • A. 

      The activity list must include all activities that will be performed on the project

    • B. 

      The activity list should include descriptions of major activities in sufficient detail

    • C. 

      The activity list should include activity duration estimates and scope of work description for each activity

    • D. 

      The activity list is obtained through decomposition of work packages.

  • 47. 
    Which of the following is NOT true about milestones?
    • A. 

      Milestones shows activity start and end dates

    • B. 

      Contractual milestones typically tied up with payments

    • C. 

      Milestones are work packages

    • D. 

      Milestone are used for presentations to senior management

  • 48. 
    A project consists of three major activities: A. dollar conversion development (5 weeks),B. chart of account development (6 weeks),C. General Ledger implementation (7 weeks).Activity B cannot start until activity A is completed and an additional week is spent on resource reassignment. Activity C can only start a week after activity B has started. What is the relationship between activity A and activity B is an example of?
    • A. 

      Finish-to-finish

    • B. 

      Start-to start

    • C. 

      Finish-to-start

    • D. 

      Start-to-finish

  • 49. 
    • A. 

      That uses nodes to represent the activities and connects them with arrows that show the dependencies.

    • B. 

      That uses arrows to represent the activities and connects them at nodes to show their dependencies.

    • C. 

      Which by construction allows loops or conditional branches.

    • D. 

      That uses only finish-to-start logical relationships as construction way.

  • 50. 
    In your project, you wish to estimate the type and quantity of resources required for each activity. Which of the following techniques will you use for this purpose?
    • A. 

      Precedence diagramming technique

    • B. 

      Trend analysis technique

    • C. 

      Top down technique

    • D. 

      Alternatives analysis

  • 51. 
    When you estimate costs for your project, you should also closely coordinate that with:
    • A. 

      Define Activities

    • B. 

      Estimate Activity Durations

    • C. 

      Estimate Activity Resources

    • D. 

      Sequence Activities

  • 52. 
    Your project will most likely be completed in 12 weeks. At the worst, the project will require 22 weeks, and if everything goes well, the project will be completed in 8 weeks. What is the PERT estimate for the project?
    • A. 

      11 weeks

    • B. 

      13 weeks

    • C. 

      12 weeks

    • D. 

      Cannot be determined with the information provided

  • 53. 
    • A. 

      Parametric estimating

    • B. 

      Three-point estimates

    • C. 

      Bottom up estimates

    • D. 

      Top down estimates

  • 54. 
    As a project manager of a multimillion dollar project, which includes multiple sub contractors, which technique would you use to reduce the effects of Parkinson’s Law?
    • A. 

      Reduce all initial duration estimates by 25%.

    • B. 

      Take no action if a reduction in a task’s duration estimate can be expected to negatively impact quality.

    • C. 

      Take no action if a reduction in a task’s duration estimate can be expected to reduce EMV.

    • D. 

      Require duration estimates to be based on realistic expectations.

  • 55. 
    You want to create a schedule  baseline, and you are using a Critical path method  to achieve this. In this context, which of the following statements related to critical path method is not correct?
    • A. 

      Total float can affect the calculated early start and finish dates

    • B. 

      The flexibility of schedule is facilitated by activity total float

    • C. 

      Networks can have only one critical path

    • D. 

      Networks may have multiple near critical paths

  • 56. 
    You want to estimate cost of individual activity. You decide d to use the bottom-up estimating technique. In this context, all the following statements are accurate EXCEPT that Bottom-up Estimates:
    • A. 

      Determines the cost of individual scope requirements in the scope statement

    • B. 

      Provides detailed costs at lowest levels that are rolled up to higher levels for reporting and tracking purposes

    • C. 

      Is a method of estimating a component of work

    • D. 

      Provide cost and accuracy, which is influenced by the size and complexity of the individual schedule activity or work package

  • 57. 
    Which of the following is a NOT a tool & technique of Estimate Cost process?
    • A. 

      Analogous estimating

    • B. 

      Three point estimate

    • C. 

      Historical relationships

    • D. 

      Parametric estimating

  • 58. 
    In your project, you are aggregating the estimated costs of individual activities to establish an authorized cost baseline. For this purpose, you use all of the following as inputs EXCEPT:
    • A. 

      Resource calendars

    • B. 

      Scope baseline

    • C. 

      Cost performance baseline

    • D. 

      Basis of estimates

  • 59. 
    'Cost of quality' includes all of the following EXCEPT?
    • A. 

      Prevention costs

    • B. 

      Operations costs

    • C. 

      Poor Quality costs

    • D. 

      Appraisal costs

  • 60. 
    During your quality planning process, you have created a component-specific tool to verify that the required steps have been performed to test your product. This can also be referred to as:
    • A. 

      Checklist

    • B. 

      Operational definition

    • C. 

      Quality management plan

    • D. 

      Quality metrics

  • 61. 
    You are the project manager in a software company. In your project, you want to ensure that all the operational departments in your organization (e.g. information integrity, data architecture group, servers group, etc.) clearly visualize their project responsibilities. Which one of the following helps you achieve this objective?
    • A. 

      Organizational breakdown structure

    • B. 

      Staffing plan

    • C. 

      Project staff assignments

    • D. 

      Resource breakdown structure

  • 62. 
    You are the project manager of a complicated construction project, which involves building highways in the state of North Carolina. You have several groups working with you in the project. To plan resources for this project and determine connection between activities you should preferably use:
    • A. 

      Staffing pool description

    • B. 

      Staffing management plan

    • C. 

      Responsibility assignment matrix (RAM)

    • D. 

      Organization matrix

  • 63. 
    In your project, you have established tools to ensure that appropriate information is available to project stakeholders in a timely manner. In this context, if there is a conversation taking place using a sender-receiver model, which of the following statements is NOT correct?
    • A. 

      The sender is responsible for making the information clear, unambiguous, and complete.

    • B. 

      The receiver confirms that the information is properly understood.

    • C. 

      The receiver is responsible for making sure that the information is completely received and understood.

    • D. 

      The receiver should agree with the sender about the message being communicated

  • 64. 
    • A. 

      15

    • B. 

      23

    • C. 

      36

    • D. 

      Cannot be determined from the given information

  • 65. 
    Which of the following statements about communications management is incorrect?
    • A. 

      Communication planning involves determining the information and communication needs of the stakeholders.

    • B. 

      Communicating is the most critical skill for a project manager.

    • C. 

      Project managers spend more than 90% of their time communicating.

    • D. 

      To be effective, a project manager should control all communication channels.

  • 66. 
    You are the project manager in an IT consultancy firm which does projects for other companies. Based on your interaction with senior management of other companies, you classify your clients into categories like Risk Averse, Risk Neutral and Risk Seeking. You are using:
    • A. 

      Risk Management Planning

    • B. 

      Utility theory

    • C. 

      Risk identification

    • D. 

      Risk categorization

  • 67. 
    As a project manager, you are creating a risk management plan to describe how risk management will be structured and performed on the project. Which of the following would the risk management plan not include
    • A. 

      Budget for risk management in the project

    • B. 

      Approaches, tools and data sources that may be used to perform risk management on the project

    • C. 

      Risk triggers to indicate when a risk may occur

    • D. 

      Risk categories to ensure a comprehensive process of systematically identifying risk to a consistent level of detail

  • 68. 
    • A. 

      Risk categorization

    • B. 

      Nominal group technique

    • C. 

      Delphi technique

    • D. 

      Funnel Analysis

  • 69. 
    You are the project manager of a software company developing a new banking software product. You would like to obtain information from various experts about the risks associated with your project. You decide to use the Delphi technique because this keeps any one person from having undue influence on the outcome of the Identify Risks process. The Delphi technique also has the added advantage that it:
    • A. 

      Finds out a problem, discovers the reasons that led to it, and develops preventive actions.

    • B. 

      Helps reduce bias in the data.

    • C. 

      Examines the project from each of the SWOT perspectives to increase the breadth of the identified risks.

    • D. 

      Provides a qualitative assessment of risk.

  • 70. 
    You have created a risk management plan to decide how to approach, plan, and execute the risk management activities for your project. Thereafter, you are involved with Identify Risks process to determine which risks might affect your project. What should you do NEXT? 
    • A. 

      Plan Quality

    • B. 

      Plan Risk Responses

    • C. 

      Perform Qualitative Analysis

    • D. 

      Define Activities

  • 71. 
    As part of Perform Quantitative Risk Analysis process, you, as a project manager, have already done a sensitivity analysis, created decision trees and done a project simulation using Monte Carlo technique. However, when you show your results to your manager, she is not happy. She thinks that your analysis is not acceptable because:
    • A. 

      Monte Carlo simulations are not a standard methodology used in the company for risk quantification.

    • B. 

      The quantitative value of identified risks is too high.

    • C. 

      You have not performed risk audits as part of your project.

    • D. 

      You have not conducted an interview with the project stakeholders and subject matter experts.

  • 72. 
    You are evaluating the probabilities of risks and costs or rewards for each logical path of events and future decisions. You create a diagram that describes a decision under consideration and the implications of choosing one or another of the available alternatives. The diagram you have created can be referred to as:
    • A. 

      Simulation diagram

    • B. 

      Fishbone diagram

    • C. 

      Decision Tree

    • D. 

      Influence diagram

  • 73. 
    • A. 

      $400,000

    • B. 

      $600,000

    • C. 

      $450,000

    • D. 

      $200,000

  • 74. 
    While managing a project, you decide to create a prototype of your product first to ensure that it is acceptable to stakeholders before moving on to build your product. This is an example of:
    • A. 

      Risk mitigation

    • B. 

      Risk Avoidance

    • C. 

      Simulation

    • D. 

      Project assumption testing

  • 75. 
    You are the project manager of a project which involves off-shore oil exploration. Since you cannot plan for all eventualities, you establish a contingency reserve, including amounts of time, money, or resources to handle the risks. This is an example of:
    • A. 

      Risk avoidance

    • B. 

      Risk transfer

    • C. 

      Active risk acceptance

    • D. 

      Improper risk planning since all risks should be identified and accounted for

  • 76. 
    Which of the following statements related to managing different types of procurement contracts is not accurate?
    • A. 

      In a fixed-price, incentive-fee contract, there is no incentive for the seller to decrease costs.

    • B. 

      In a fixed-price contract, there is highest risk to the seller and lowest risk to the buyer.

    • C. 

      Fixed price with redetermination retroactive contracts allow for adjusting of contract price after performance has been completed.

    • D. 

      Fixed price with economic price adjustment allows for price increases if the contract is for multiple years.

  • 77. 
    You are planning to award a contract and are evaluating sellers, using criteria like management approach, technical approach, Life-Cycle cost, and production capacity and interest, These criteria are called
    • A. 

      Screening Criteria

    • B. 

      Source Selection Criteria

    • C. 

      Evaluation Cirteria

    • D. 

      Contract Selection methods

  • 78. 
    The Project Manager needs to effectively engage stakeholders throughout the project life cycle. Analytical techniques can be used to identify the current and desired engagement levels of each stakeholders. This information is captured in: 
    • A. 

      Stakeholder analysis matrix

    • B. 

      Analytical forecasts

    • C. 

      Stakeholder Engagement Assessment Matrix

    • D. 

      Stakeholder Register

  • 79. 
    Given the current and desired engagement levels of stakeholders in the following stakeholder Engagement Assessment Matrixm which would be the most important gap to be addressed by the project manager as soon as possible?     +____________________  +   ___________  + ___________ + __________    + __________ + ____________ +     |  Stakeholder                   |      Unaware       |    Resistant     |    Netutral         |    Supportive  |    Leading          |    +____________________  +   ___________  + ___________ + __________    + __________ + ____________ +     | Sponsor                         |                           |    Current         |                       |    Desired     |                         |    | CEO                              |                           |                       |   Current          |    Desired     |                         |    | Team Memeber              |                           |                       | Current/Desired |                   |                         |
    • A. 

      CEO

    • B. 

      Team Member

    • C. 

      CEO and Sponsor

    • D. 

      Sponsor

  • 80. 
    Ou are working as Project Manager of an oil and gas project, and  more than 100  resources are reporting to you. As a Project Manager your job requires that you allocate work to your resource  and  make sure that the work is completed on time.  Which tool listed below will help you to achieve that:
    • A. 

      Project Management Information System

    • B. 

      Critical Path Method

    • C. 

      Work Authorization System

    • D. 

      Work Breakdown Structure

  • 81. 
    Which of the following is an OUTPUT of Direct and Manage Project Execution?
    • A. 

      Work Authorization System

    • B. 

      Accepted Deliverables

    • C. 

      Corrective Actions

    • D. 

      Approved Changes

  • 82. 
    During Execution of construction project, you have identified a damage in one of your major deliverable. You immediately engaged your team to repair it. Your team is performing this job in which of the following project management process.
    • A. 

      Monitor and Control Project Work

    • B. 

      Perform Integrated Change Control

    • C. 

      Direct and Manage Project Execution

    • D. 

      Perform Quality Assurance

  • 83. 
    You are executing a major IT infrastructure project. One of your team member notify you that some of the items he is installing are not performing as per the specification listed in project management plan. In this situation you have decided to take actions to make sure that all items should work as per the specifications listed, the actions your team will perform will be referred as:
    • A. 

      Preventive actions

    • B. 

      Updates

    • C. 

      Corrective actions

    • D. 

      Defect repairs

  • 84. 
    You are executing a supply chain automation project with multiple deliverables.  You are concerned about the quality of future deliverables, and you are periodically monitoring the status of completion of deliverables. Which of the following output will provide you this information:
    • A. 

      Work performance data

    • B. 

      Quality Control Measurements

    • C. 

      Work performance measurements

    • D. 

      Performance reports

  • 85. 
    In your company, you use Oracle Primavera as a project management information system (PMIS) - this facilitates automation and easier project management. All of the following statements about PMIS are true EXCEPT?
    • A. 

      PMIS is used during Direct and Manage Project Execution

    • B. 

      PMIS is part of organizational process assets

    • C. 

      PMIS includes scheduling software and configuration management system

    • D. 

      PMIS can be used for information collection and dissemination

  • 86. 
    All of the following are part of Change request EXCEPT:
    • A. 

      Corrective Action

    • B. 

      Defect repair

    • C. 

      Preventive action

    • D. 

      Deliverable

  • 87. 
    • A. 

      Trend analysis

    • B. 

      Inspection

    • C. 

      Sensitivity Analysis

    • D. 

      Quality audits

  • 88. 
    You are managing an oil production project. Due to some oil spill incidents. The government has amended the regulations to enforce stricter requirements for oil and gas production. As a project manager, you are concerned that your project quality norms may not satisfy the revised quality standards for oil production, you want to perform an audit and try to remedy this problem through:
    • A. 

      Quality control

    • B. 

      Quality Planning

    • C. 

      Quality Assurance

    • D. 

      Quality Monitoring

  • 89. 
    You are managing a major missile launch project, and you are performing a quality assurance process and you want to determine that either the processes are in control or not. Which of the following tool will be helpful in this situation.
    • A. 

      Run Chart

    • B. 

      Cause an Effect Diagram

    • C. 

      Control Chart

    • D. 

      Ishikawa diagram

  • 90. 
    • A. 

      Run Chart, Control Chart, flow chart

    • B. 

      Cost of quality, quality audit, Inspection

    • C. 

      Scatter Diagram, cause and effect diagram, Histogram

    • D. 

      Control charts , flow charts, cost of quality

  • 91. 
    All of the following statements are true regarding quality audits EXCEPT:
    • A. 

      Quality audits are examples of quality assurance activities.

    • B. 

      Quality audits are structured reviews that examine whether an organization's policies and procedures are being applied correctly.

    • C. 

      Quality audits involve monitoring specific results from a project and determining if they meet acceptable standards.

    • D. 

      Quality audits ensure that approved change requests, preventative and corrective actions, and other recommended changes have been implemented.

  • 92. 
    A project manager assigns an audit team to study the work processes on a project. The audit team reports that the quality standards being used for the project are not relevant. Some of the project will have to be reworked.  Why did the project manager initiate this study?
    • A. 

      To provide quality control

    • B. 

      To ensure quality planning

    • C. 

      To create a benchmark

    • D. 

      To perform quality assurance

  • 93. 
    As a Project Manager you have  communicated the ground rules to the project team , now the responsibility of enforcing these rules lies with the:
    • A. 

      Project Sponsor

    • B. 

      Project team

    • C. 

      PMO Manager

    • D. 

      Project Manager

  • 94. 
    • A. 

      Execution

    • B. 

      Controlling

    • C. 

      Coordination

    • D. 

      Monitoring

  • 95. 
    As a project manager, one of your major role is to develop the team for better performance. All of the following are tools and techniques of Develop Project team process EXCEPT:
    • A. 

      Ground rules

    • B. 

      Management Skills

    • C. 

      Co-location

    • D. 

      Interpersonal Skills

  • 96. 
    You are the project manager for a software engineering firm that creates accounting software for dentist offices. You are currently negotiating with the manager of the product testing department for the use of one of his top performers. Which statement BEST describes the set of actions you are engaged in?
    • A. 

      Identifying the skills required to complete product testing

    • B. 

      Conducting a team building activity

    • C. 

      Executing the staffing management plan

    • D. 

      Improving the skill set of your existing team members

  • 97. 
    You have been asked to lead a virtual team whose members are dispersed across multiple continents. What is a MAJOR obstacle that must be overcome to build an effective team?
    • A. 

      Disparate tools and technologies

    • B. 

      Cultural differences

    • C. 

      Local HR policies

    • D. 

      Different time zones

  • 98. 
    All of the following are benefits of creating virtual teams EXCEPT:
    • A. 

      Reduction or deletion of travel expenses

    • B. 

      Ability to add experts to the project team regardless of geographical location

    • C. 

      Forming project teams of resources who work different shifts

    • D. 

      Ability to make use of local HR policies

  • 99. 
    • A. 

      Negotiation

    • B. 

      Virtual Team

    • C. 

      Training

    • D. 

      Pre Assignment

  • 100. 
    During your construction project, you have worked with external consultant to improve the competencies and interaction of team members during develop project team process to enhance project performance. The output from this process is:
    • A. 

      Project staff assignments

    • B. 

      Team performance assessments

    • C. 

      Staffing management plan

    • D. 

      Team Building Activities

  • 101. 
    You are in critical stage of your project, and some of your key resource have left the project due to security concerns ,  you have hired some local  resources in replacement, and you call a meeting for all team members. What is the most important agenda item for this meeting?
    • A. 

      Reviewing the risk Register

    • B. 

      Clarifying the role and responsibilities of all team members

    • C. 

      Reviewing the project status

    • D. 

      Identifying the remaining resource requirements

  • 102. 
    Your company has asked you  to recommend a recognition and reward system  for your project, which can promote team cohesiveness, encourage better performance and reinforce desired behavior. Which one of the following you should NOT recommend?
    • A. 

      Recognition for team members who work overtime to achieve aggressive deadline

    • B. 

      Electing and celebrating the team member of the month

    • C. 

      Recognition and reward systems should promote or reinforce desired behavior

    • D. 

      Recognition and rewards should consider cultural differences.

  • 103. 
    You have recently joined a Supply Chain Project which is already in execution phase. During your first meeting with project team members you have noticed that there is too much conflict among team members, which can cause delay.  As a newly appointed project manager,  you will use all of the following techniques EXCEPT:
    • A. 

      Establish group norms

    • B. 

      Manage the communication channels

    • C. 

      Establish team ground rules

    • D. 

      Minimize differences of opinion among team members

  • 104. 
    As a project manager you are using the Tuckman ladder of team development, and you want to transform your team from individuality to group so they can focus on “group efforts”. Team is already aware of their formal roles and responsibilities. In this context, which of the following stage they are in now?
    • A. 

      Norming

    • B. 

      Forming

    • C. 

      Storming

    • D. 

      Performing

  • 105. 
    • A. 

      Manage Project Team process handles the conflicts if they arise

    • B. 

      Develop Project Team process improves the trust and agreement among team members

    • C. 

      Manage Project Team process tracks the team member performance

    • D. 

      Develop Project Team process analyze the impact of unavailability of key team member

  • 106. 
    • A. 

      Co-location increases communication but has a tendency to increase project duration because co-location arrangements take time.

    • B. 

      Co-location increases communication but has generally no impact on project duration.

    • C. 

      Co-location increases communication and thus decreases project duration.

    • D. 

      Co-location decreases need for communication and thus decreases project duration.

  • 107. 
    During the Execution phase of a Project, What is the ideal leadership style should Project Manager adopt:
    • A. 

      Autocratic

    • B. 

      Directing

    • C. 

      Coaching

    • D. 

      Supportive

  • 108. 
    You are working in a strong matrix organization  where you are managing cross departmental teams directly reporting to you during the project and you will also be involved in the performance appraisals of your team. This helps you in managing interpersonal relationships with your team members, because you have the following power:
    • A. 

      Penalty

    • B. 

      Referent

    • C. 

      Expert

    • D. 

      Legitimate

  • 109. 
    You are managing an  ERP Project  for a  bank and  one of bank manager constantly professes to know all about project management and keeps challenging you and your management  The bank manager is playing the role of:
    • A. 

      Devil`s Advocate

    • B. 

      Dominator

    • C. 

      Challenger

    • D. 

      Aggressor

  • 110. 
    • A. 

      Forcing

    • B. 

      Withdrawal

    • C. 

      Compromise

    • D. 

      Confrontations

  • 111. 
    You are managing a project in health care sector and managing multiple teams, Which of the following is an activity during Manage Project Team process?
    • A. 

      To acquire a pre assigned team member

    • B. 

      To observe the team behaviors and work attitudes

    • C. 

      To resolve issues among team members

    • D. 

      To perform conflict management activities

  • 112. 
    Below are the list of activities, a Project Manager can delegate to its subordinate EXCEPT:
    • A. 

      Project Status Presentation

    • B. 

      Risk Auditing

    • C. 

      Calculating Earned Value Management

    • D. 

      Performance appraisals

  • 113. 
    • A. 

      Focus on achievements, not rewards.

    • B. 

      Focus on results, not inputs.

    • C. 

      Focus on personnel, not issue.

    • D. 

      Focus on present, not past.

  • 114. 
    After reviewing the performance report, you identified that one of your resources is not performing as expected. You already had a face-to-face  communication with the team member  in this regard, and now you want to convey the information to upper management. In this scenario  which  form of communication  you will use
    • A. 

      Formal Written

    • B. 

      Formal Oral

    • C. 

      Informal Written

    • D. 

      Informal Oral

  • 115. 
    • A. 

      Video Conferencing

    • B. 

      Project reports

    • C. 

      Electronic databases

    • D. 

      Fax

  • 116. 
    You are performing execution of your project. you have your project lesson learned documents, issue logs, project closure reports, and outputs from other knowledge areas. These documents should be included in:
    • A. 

      Project records

    • B. 

      Stakeholder notifications

    • C. 

      Project reports

    • D. 

      Project Presentations

  • 117. 
    Which of the following is an input to distribute information process:
    • A. 

      Change Request

    • B. 

      Performance Reports

    • C. 

      Deliverables

    • D. 

      Enterprise environmental factors

  • 118. 
    • A. 

      Communication Models

    • B. 

      Communication Requirement analysis

    • C. 

      Communication Methods

    • D. 

      Communication Technology

  • 119. 
    You are working as a Project Manager for Metro Bus Project in Lahore and periodically you are providing project status in the form of Project Presentation to multiple stakeholders. In this context Project Presentations are:
    • A. 

      Formal Written Communication

    • B. 

      Informal Verbal Communication

    • C. 

      Formal Verbal Communication

    • D. 

      Informal written Communication

  • 120. 
    You are executing a Project in a software house, during execution one of your critical team member is assigned to another project. You are able to get  another resource after negotiation  with resource manager as a substitute. From a stakeholder management point of view, this can be referred to as:
    • A. 

      Negotiation

    • B. 

      Resolved Issue

    • C. 

      Acquisition

    • D. 

      Pre Assignment

  • 121. 
    All of the following are reasons for managing stakeholders’ expectations EXCEPT:
    • A. 

      To increase the likelihood of stakeholders` acceptance of the project

    • B. 

      To influence and negotiate the expectation of stakeholders to achieve project objectives

    • C. 

      To discuss their Concerns

    • D. 

      To ensure that Stakeholders` are aware of project details

  • 122. 
    You are managing a complex project and multiple activities are running in parallel and you realize that you are  unable to concentrate on your work due to an actual or potential conflict of interest situation. In this situate which of the following you should NOT do?
    • A. 

      Disclose the facts to the affected stakeholders

    • B. 

      Engage in decision-making activities related to the conflict of interest situation

    • C. 

      Seek stakeholders` consent to proceed further

    • D. 

      Prepare a mitigation plan

  • 123. 
    You are managing a major construction project in karachi city which will pass through critical areas of city. Project need replacement of houses on its way, reclaim of land, agreement with local area political parties, and integration of government organizations to replace their underground cablings. There are conflicts among stakeholders. In this given scenario, you should know that maximum intensity of conflicts happens due to:
    • A. 

      Political parties, land reclaim and government integration

    • B. 

      Schedules, priorities, and manpower

    • C. 

      Administration procedures, manpower, and project technicality

    • D. 

      Stakeholder management, scope management and risk management

  • 124. 
    You are managing a social project in a local community and you have to deal with multiple stakeholders, in this context who is primarily responsible for stakeholder expectation management:
    • A. 

      Project Sponsor

    • B. 

      Project management team

    • C. 

      Project Manager

    • D. 

      Project Team

  • 125. 
    You are managing a complex project where multiple stakeholders has concerns, and they have conflicts. As a project manager, you should resolve the conflict in favor of:
    • A. 

      Sellers / Business partners

    • B. 

      Customers / Users

    • C. 

      Portfolio managers / Portfolio review board

    • D. 

      Project Teams

  • 126. 
    You are working  in  an oil and gas company , your company  has a guideline to have their own  estimate of  the items  or services  to be procured  outside the organization . This helps to develop a cost estimates for the contract. This can also be referred as:
    • A. 

      Time and Material Price

    • B. 

      Vendor Bid Analysis Price

    • C. 

      Fixed Price

    • D. 

      Independent Estimate.

  • 127. 
    You are a project manager contracting work out and you must now select the organization for the contract. What is the BEST technique to rank the prospective sellers according to their capabilities to successfully complete the conditions of the contract?
    • A. 

      Bidder conference

    • B. 

      Independent estimates

    • C. 

      Inspections and Audits

    • D. 

      Proposal evaluation technique

  • 128. 
    You are a project manager for a company that is taking bids from marketing agencies for work to be completed on a project you are currently managing. You learn that a marketing agency owned by a friend is making a bid for the contract to handle the project's advertising. What is the FIRST action you should take upon learning of this bid?
    • A. 

      Keep quiet about the situation since you know you can make objective decisions.

    • B. 

      Do not participate in the decision of awarding the contract.

    • C. 

      Notify the group awarding the contract of a possible conflict.

    • D. 

      Document all decisions you make in relation to this agency's part of the project.

  • 129. 
    You are a project manager  for an innovative project of producing battery operated Cars in Israel. You and your team is now evaluating proposals who can built the battery swap stations country wide. During which of the following project management processes does this activity take place?
    • A. 

      Plan Procurements

    • B. 

      Administer Procurements

    • C. 

      Close Procurements

    • D. 

      Conduct Procurements

  • 130. 
    You are the project manager of a large IT project. A manager from a company contracted to work on the project offers you free tickets to a local sporting event. The tickets are expensive but your organization has no formal policy regarding gifts. What is the BEST way to handle the offer?
    • A. 

      Accept the tickets but notify your employer.

    • B. 

      Politely refuse the tickets.

    • C. 

      Accept the tickets since there is no policy

    • D. 

      Refuse the tickets and report the offer to your employer.

  • 131. 
    Your country has announced the general elections for the year 2015 and as project manager you have to manage the project of electorate paper printing, during project monitoring and controlling which of the following is your prime job?
    • A. 

      Confirming printing resources are available and obtaining the further team to complete the printing

    • B. 

      Influencing the factors that could circumvent integrated change control so that only approved changes are implemented

    • C. 

      Distributing the relevant information to the stakeholders

    • D. 

      Auditing the process of printing to ensure that appropriate quality standards and operational definitions are used

  • 132. 
    You are the project manager for an electronic company responsible for developing micro chips. During implementation, you spend some time with your team monitoring and controlling the work being done by them. Which tool will you use?
    • A. 

      Expert judgment

    • B. 

      Forecasts

    • C. 

      Earned Value Management

    • D. 

      Work Authorization System

  • 133. 
    • A. 

      Comparing actual performance against the project plan

    • B. 

      Monitoring implementation of approved changes as they occur

    • C. 

      Recommending corrective or preventive actions based on performance reports

    • D. 

      Providing forecasts to update current cost and current schedule information

  • 134. 
    You are working in a major pharmaceutical  company and managing a marketing campaign of major drug released in market. Currently you are in a stage where you are tracking and reviewing the status of your campaign. Which of the following would you not use to perform these activities?
    • A. 

      Project management plan

    • B. 

      Performance reports

    • C. 

      Organizational process assets

    • D. 

      Approved change requests

  • 135. 
    Which of the following document is mainly used to authorize the customer to approve the changes during the project life cycle.
    • A. 

      Change control system

    • B. 

      Project plan

    • C. 

      Configuration Management System

    • D. 

      Contract

  • 136. 
    You are the project manager of a project, which has the objective of producing bearings with a margin of error of .002 mm according to Six Sigma specifications used in your company. You have been asked to create documents that can help you apply technical and administrative direction to audit the bearings and ensure that they conform to requirements. You should use:
    • A. 

      Product Scope

    • B. 

      Configuration Management System

    • C. 

      Statement of Work

    • D. 

      Project Management Plan

  • 137. 
    You are working in a Car manufacturing company as a Project Manager, during your critical project, Engineering Department manager asked you perform an alteration in engine heat system. In this scenario, which of the following is NOT a step you would take next?
    • A. 

      Evaluate the impact of the change

    • B. 

      Examine other options

    • C. 

      Seek approval from change control board

    • D. 

      Reject the change request as this would change the configuration of engine design

  • 138. 
    You are managing a mission critical project, and you want to make sure that project will complete on time, and with in budget. Your stakeholders are constantly asking for changes in a scope of project. In this scenario which one of the below statement describe your main objective during the Perform Integrated change control process:
    • A. 

      Performing Preventive actions for unnecessary changes

    • B. 

      Rejecting the changes, based on Scope baseline

    • C. 

      Updating the issue register, for multiple change requests

    • D. 

      Performing the quality audit, to make sure change process is appropriate for managing constant changes

  • 139. 
    Validate Scope is the process of obtaining stakeholder`s formal acceptance of the completed project deliverables. In this context, which statement related to Verify Scope process is correct?
    • A. 

      Validate Scope process is similar to Quality Control process.

    • B. 

      Validate Scope process is normally performed after Control Quality process, but these two processes may also be performed in parallel.

    • C. 

      Validate Scope process indicates the end of a project.

    • D. 

      Validate Scope process is the final sign-off from the sponsor and customer.

  • 140. 
    You are the project lead overseeing a project to create a new wireless media streaming device. The working model has a few features that you were not originally informed about. This could result in a higher cost device than originally planned. You need to determine if these features were formally requested by a specific stakeholder. To which item would you refer to verify this information?
    • A. 

      Requirement Traceability Matrix

    • B. 

      Requirement Documentation

    • C. 

      Project Scope Statement

    • D. 

      Work Breakdown Structure

  • 141. 
    Inspection includes activities such as measuring, examining, and testing undertaken to determine whether results conform to requirements. Which of the following terms does not refer to Inspection? 
    • A. 

      Product review

    • B. 

      Audit

    • C. 

      Walkthrough

    • D. 

      Stage-gate

  • 142. 
    You are the project lead overseeing a project to create a new wireless media streaming device. The working model has been created and you are meeting with the customer to ensure that it meets the specifications. Upon inspection, the customer informs you that the LCD output screen does not meet the requirements that were originally agreed upon; however, they will tolerate the change. Which action will   MOST   likely result from this?
    • A. 

      Accepted Deliverable

    • B. 

      The Close Project or Phase

    • C. 

      Variance Analysis

    • D. 

      Technical Performance Measurement

  • 143. 
    The Uncontrolled expansion to product or project scope without adjustments to time, cost, and resources is referred as: 
    • A. 

      Risk

    • B. 

      Change Request

    • C. 

      Scope Creep

    • D. 

      Work Performance data

  • 144. 
    In your project, you are now interested in determining the cause of variance relative to the scope baseline and deciding whether corrective action is required. You should use?
    • A. 

      Configuration management system

    • B. 

      Variance Analysis

    • C. 

      Re-planning

    • D. 

      Earned Value Spreadsheets

  • 145. 
    Work Performance Information of Control Scope includes all EXCEPT?
    • A. 

      Categories of changes received

    • B. 

      Scope Variances and their causes

    • C. 

      Forecast of the future scope

    • D. 

      Corrective Action chosen and the reasons

  • 146. 
    You have recently joined as the project manager of ABC Company. You notice that the customers are getting frequent change requests implemented by informally approaching the team members. This has resulted in work disruption and discontent among team members. What should be your FIRST priority to remedy the situation?
    • A. 

      Create a detailed project scope statement

    • B. 

      Align the project objectives with the organizational goals

    • C. 

      Ensure proper project scope control

    • D. 

      Call a meeting of all the project stakeholders to resolve any outstanding issues

  • 147. 
    • A. 

      Project manager determines the current status of the project schedule

    • B. 

      Project manager influences the factors that create schedule changes

    • C. 

      Project manager takes the anticipated changes through the change control process.

    • D. 

      Project manager manages the actual schedule changes as they occur

  • 148. 
    In your project, you monitor the status of the project to update the project progress. which of the following techniques would you use? A. Reserve analysis B. Modeling TechniquesC. Resource optimization techniquesD. Performance reviews
    • A. 

      B, C and D

    • B. 

      A, C and D

    • C. 

      A, B and D

    • D. 

      A, B and C

  • 149. 
    You are the project manager on a research project. You have received the news that your shipment of supplies will be delayed by two weeks due to bad weather. What will be your FIRST step?
    • A. 

      Fast track the project to ensure that the project schedule is not delayed.

    • B. 

      Determine how much float is available in that task.

    • C. 

      Try to get additional supplies from an alternate location as soon as possible.

    • D. 

      Take corrective action to minimize the impact of delay.

  • 150. 
    Critical chain is a schedule network analysis technique that modifies the project schedule to account for limited resources. In this context, the non-work schedule activities that are added in the critical chain method to manage uncertainty are referred to as:
    • A. 

      Duration buffers

    • B. 

      Resource leveling

    • C. 

      Reverse resource leveling

    • D. 

      Crashing

  • 151. 
    In your construction project, the CPI is 0.85 and SPI is 1.25. What could be the possible reason?
    • A. 

      A critical resource went on sick leave for a long period of time, which had not been anticipated earlier.

    • B. 

      The cost of raw materials required for construction increased by 10%.You had anticipated a cost increase of 12% in your project plans.

    • C. 

      In anticipation of delays, the project was crashed to decrease the duration.

    • D. 

      There was four days waiting time in the curing of concrete, and work could not be done during that time

  • 152. 
    You are the project manager for a project where your team must travel to the work site by foot. The walk is 100 miles, and is the first task on the project schedule. The total amount budgeted for this task is $4,000. If the team is scheduled to walk 20 miles per day, they should reach the work site at the end of day 5. At the end of the second day, you realize the team has only traveled 30 miles, and you have spent $2,000. Based on this, what is the SPI for your project, and the projected TCPI.
    • A. 

      0.8, 1.4

    • B. 

      0.75, 1.4

    • C. 

      0.75, 1.2

    • D. 

      Cannot be determined with the given information

  • 153. 
    • A. 

      $ 250,000

    • B. 

      $ 220,000

    • C. 

      $ 220,000

    • D. 

      $ 300,000

  • 154. 
    • A. 

      1.125

    • B. 

      -1.4

    • C. 

      1

    • D. 

      -1