Project Management Executive Exam

39 Questions | By Ibs | Updated: Mar 21, 2022 | Attempts: 2450

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Project Management Executive Exam - Quiz

Answer the questions below and then click "submit" to send your answers. Answer the questions below and then click "submit" to send your answers. You should receive a copy of your Exam Results upon completing and submitting this online test. If you pass the exam with a 70 percent or higher and have an accredited college degree & 1 or more years of Project Management Experience, you will be able to apply for the Project Manager Board Certification and Designation. Sincerely and Kindest Regards, AAPM Board of Standards Worldwide. AAPM does not guarantee the results of this test will be provided to you.

Questions and Answers

1.

Master Project Managers can contribute to their organization's knowledge base and to the profession of project management most effectively by:
- A.
  
  Creating and graphing the body of knowledge vortex under rule 66.
- B.
  
  Having a global team meeting to conjure the essence of the data.
- C.
  
  Developing and facilitating a project analysis review and lessons learned process
2.

To balance the needs of stakeholders involved in your project the most desirable method for resolution of conflicts is:
- A.
  
  Scheduling a Bio-Meeting for the stakeholders
- B.
  
  Confrontation
- C.
  
  Member brainstorming.
3.

Which one of the following examples violates the MPM Master Project Manager Global Ethics and Conduct Suggested Rules.
- A.
  
  Disclosing the project to the proper governmental authorities.
- B.
  
  Informing a clients family about the risks of a project.
- C.
  
  Discussing the project with the clients lawyer.
4.

One of your employees is up for promotion. If the promotion is granted, the employee will be reassigned elsewhere which will cause a problem for you on your present project. You can delay the employee promotion until your project is completed. You should:
- A.
  
  Force the employee to work on the project.
- B.
  
  Support the promotion and develop a good transition plan with your employee.
- C.
  
  Keep the employee without supporting the promotion.
5.

Regarding Delphi Technique all of the following statements are correct except
- A.
  
  Experts are identified but participate anonymously while a facilitator uses a questionnaire to solicit ideas.
- B.
  
  The responses are submitted and are then circulated to the experts for further comment.
- C.
  
  The facilitator may use the P-55 technique at any time
6.

Projects are typically authorized as a result of one of the following except:
- A.
  
  Lead Manager has decided to do extra work outside of the scope of the agreement.
- B.
  
  Contractual agrement for the project completion.
- C.
  
  Customer has requested and given permission for the work to be done.
7.

Which of the following does not form subset of the project charter?
- A.
  
  Project optimization sequencing
- B.
  
  Project title and description
- C.
  
  Project goals and objectives
8.

Some of the processes of Project Time Management are:
- A.
  
  Atomic clock proliferation and utilization.
- B.
  
  Activity definition, Schedule development, Activity sequencing
- C.
  
  Contolling, Modeling, Evaluation, and Barnstroming.
9.

What is not handled as a constraint in a project management role?
- A.
  
  Choice of the team member.
- B.
  
  Limits of authorization
- C.
  
  Laws and regulations
10.

The product description:
- A.
  
  Clarifies the characteristics of the product or service that the project was to create
- B.
  
  Is a flexible document that is enhanced by team collaboration
- C.
  
  Is only relevant if the time frame is abundant.
11.

What is slack or float?
- A.
  
  The portion of the project budget that can be flexible.
- B.
  
  The ceiling of time in which a project can be facilitated.
- C.
  
  Amount of time a task can be delayed without missing the deadline to complete the project.
12.

Which is the best formula to estimate duration using PERT?
- A.
  
  (X-5)/3.18 PI
- B.
  
  (4M/6)XP+32
- C.
  
  (P+4M+O)/6
13.

Management approach in which the project manager solicits information and shares decision-making authority with the project team.
- A.
  
  Participative Management Style
- B.
  
  Promotional Management Style
- C.
  
  Conciliatory Management Style
14.

The construction of a small building will cost a certain amount per square foot of space. This is an example of what type of estimating?
- A.
  
  Parametric modeling
- B.
  
  Weighted average modeling
- C.
  
  Scatter chart analysis
15.

Which technique is used to estimate project costs?
- A.
  
  Breakdown Fortification Analysis of the Net Profit.
- B.
  
  Parametric estimating
- C.
  
  Parabolic charting of the PE
16.

Which element is not in the "triple constraint"
- A.
  
  Time Frame
- B.
  
  Quality
- C.
  
  Scope
17.

For which of the following project benefit measures is a lower value a greater value?
- A.
  
  Quick Ration
- B.
  
  Payback period
- C.
  
  IRR
18.

Organizations and institutions commonly hire leaders with
- A.
  
  The person with the capacity for Greenspan logic
- B.
  
  Integrity, Skill, and expertise.
- C.
  
  The candidate who can use fusion histograms.
19.

Before responding to a contractual dispute with facts and figures, a Master Project Manager would:
- A.
  
  Notify the CEO or other high level figures.
- B.
  
  Consult with the team and in-house counsel or a lawyer and try to put together the facts and legal postion.
- C.
  
  Consult with the CPA or Controller in the Organization
20.

When putting together the project agreement, a MPM or CIPM Certified or Master Project Manager would consider adding this language to the agreement.
- A.
  
  Language to accomodate for fluctuating costs with regard to the project such as commodities.
- B.
  
  Choice of law, forum and jurisdiction, and dispute clauses.
- C.
  
  All of the above
21.

An instruction manual for users of a product of service should contain?
- A.
  
  Diagrams of the products engineering.
- B.
  
  The P-55 legal stipulations as required by law.
- C.
  
  A troubleshooting guide and operating instructions.
22.

A review of management processes and the associated documentation is commonly called
- A.
  
  The portfolio review process
- B.
  
  The Compliance screening process
- C.
  
  The Audit
23.

A financial institution has decided to systematically upgrade all of its cash vending machines or ATMs over the next 11 months, starting in June 2005. What type of conversion methodology is this?
- A.
  
  Phased
- B.
  
  Beta 3 - Conversion
- C.
  
  Co-Axel Conversion
24.

An organization has software to calculate the total cost of wages for a seven-month building project. What type of decision would mandate the use of this information?
- A.
  
  Focus Group Decision
- B.
  
  Cross Analysis Decision
- C.
  
  Tactical Decision
25.

Which is correct regarding projects?
- A.
  
  A project is the collection of information so as to facilitate a task.
- B.
  
  A project is a long term strategy used to implement the critical mission.
- C.
  
  A project is a temporary endeavor engaged to create a unique product or service.