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Question # 4

Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:

A.

When resource cost rate information is unavailable from commercial databases

B.

When resources are applied per unit of time of duration of schedule activity

C.

When union labor with regularly expiring collective bargaining agreements are involve

D.

When seasonal cost variations are involve

E.

When project budget includes interest rate changes

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Question # 5

You are project manager and the monthly report to the client showed zero schedule variance. However, member of the team know that a milestone has been missed which will cause an overall delay to the project. Which one of the following is being inadequately reported?

A.

Communication plan variance

B.

Resource management plan

C.

Critical path status

D.

Risk analysis

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Question # 6

Your project sponsor has asked you to produce a Risk Management Plan for your current project. Which of the following best describes the plan you should adopt for your project?

A.

The plan must include the predefined risk management policies as they relate to the organization

B.

The plan must ensure that the level of details and risk management efforts are commensurate with the level of risk and importance of the project

C.

The plan must be predefined templates as defined by the organization

D.

The plan must include the predefined roles and responsibilities as they relate to risk management.

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Question # 7

What is the BEST way to accomplish resource planning?

A.

Identify required resources and allocate them to all project activities.

B.

Identify required resources in the project charter.

C.

Identify available resources and allocate them to all activities in the current phase of the project.

D.

Identify the resources that performed past similar projects, and allocate them to all project activities.

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Question # 8

Which statement is not true regarding the issue logs?

A.

Issue logs are written logs that document person responsible for resolving for specific issue by a target date.

B.

Issue logs are tool of Manage Stakeholder Expectations process.

C.

Issue logs are tool of manage project team process.

D.

Issue logs describe the ground rules and conflict management procedures to manage the project.

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Question # 9

The work breakdown structure:

A.

Is used to break down the project Into manageable pieces

B.

Is set and does not change throughout the project

C.

Is needed as part of the project charter

D.

None of the above

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Question # 10

Estimate At Completion (EAC) is a periodic evaluation of total:

A.

Forecasted project cost.

B.

Cost of the unfinished work.

C.

Resources projected at project complain

D.

Value of work performed to date.

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Question # 11

You are in the process of numerically analyzing the effects of identified risks. Which of the following are NOT tools or techniques you can use in the process?

A.

Sensitivity analysis

B.

Reserve analysis

C.

Expected monetary value analysis

D.

Modeling and simulation

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Question # 12

As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?

A.

Documenting and meeting the requirements

B.

Reporting project status regularly and in a timely manner

C.

Documenting and meeting the performance measurements

D.

Reporting changes and updating the project plan and other project documents where appropriate

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Question # 13

You are a project manager for a small local bank. The bank wants you to design and develop a custom online bill pay software so that its customers can pay their bills online. You are ready to begin the Activity Resource Estimation process for your project. Which of the following would you not consider when developing the activity resource requirements document?

A.

Resource availability

B.

Project management plan

C.

Resource breakdown structure

D.

Activity list

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Question # 14

Which of the following are NOT tools or techniques of the Activity Definition process?

A.

Expert judgment

B.

Decomposition, templates

C.

Rolling wave planning

D.

Schedule network templates

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Question # 15

Which process involves formal product acceptance and end of a project?

A.

Executing processes

B.

Planning processes

C.

Controlling Processes

D.

Closing processes

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Question # 16

Duration estimates indicate:

A.

How many work periods an activity is expected to last.

B.

How many hours a resource will work on an activity.

C.

When an activity is likely to finish.

D.

When an activity is likely to start.

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Question # 17

The stakeholder's influence is greatest at the ______ of the project.

A.

beginning

B.

closing

C.

controlling

D.

none

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Question # 18

You have been assigned to take over a project that is 60 percent complete according to the schedule. After evaluation, you find that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take?

A.

Add new resource to the project and complete the project on schedule.

B.

Show your evaluation to sponsor.

C.

Ask your senior manager to deal with this.

D.

Turn the project back to the previous project manager.

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Question # 19

Which of the following is required for Control Scope?

A.

Risk mitigation

B.

Charter update

C.

Verify Scope

D.

Cost-benefit analysis

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Question # 20

Which of the following brings together a set of tools and techniques used to describe, organize, and monitor the work of project activities?

A.

Project management

B.

Stakeholders

C.

Project managers

D.

None

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Question # 21

Your selection committee is debating between two projects. Project A has a payback period of 20 months. Project B has a cost of $150,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?

A.

Either Project A or Project B, because the payback periods are equal

B.

Project A, because Project B's payback period is 24 months

C.

Project A, because Project B's payback period is 20 months

D.

Project A, because Project B's payback period is 21 months

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Question # 22

As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?

A.

Documenting and meeting the requirements

B.

Reporting project status regularly and in a timely manner

C.

Documenting and meeting the performance measurements

D.

Reporting changes and updating the project plan and other project documents where appropriate

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Question # 23

A project is considered successful when

A.

the project meets or exceeds the expectations of the stakeholders

B.

the product of the project has been manufactured

C.

the project sponsor announces the completion of the project

D.

None

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Question # 24

In which phase project manager is assigned to a project?

A.

During the initiation stage

B.

During the planning stage

C.

After approval of budget

D.

After the project is proven feasible

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Question # 25

Who has the responsibility for Plan Quality?

A.

Project manager

B.

QA manager

C.

Project planner

D.

Team 'ead

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Question # 26

A contract cannot contain _____________.

A.

Illegal activities

B.

deadline for the completion of the work

C.

Penalties and fines for disclosure of intellectual rights

D.

Al1 of the above

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Question # 27

The activity that is most concerned with the current status of the project schedule is called ___________.

A.

Project time management

B.

Control Schedule

C.

Monitoring and controlling

D.

Al1 of the above

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Question # 28

A requirement document is an input of __________ process?

A.

Collect Requirements

B.

Define Scope

C.

Integrated Change Control

D.

Monitor and Control Project Work

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Question # 29

When you are developing the estimates for project, you choose to add the individual estimates for the activities that comprise each phase. What type of estimation method are you using?

A.

Parametric estimating

B.

Bottom-up estimating

C.

Top-down estimating

D.

Analogous estimating

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Question # 30

You are creating your WBS and keep decomposing tasks into smaller units. How can you tell when you are done?

A.

Keep decomposing tasks until you reach an amount of work that is small enough to reliably estimate required resources and duration.

B.

Keep decomposing work until you reach a predetermined number of hierarchy levels to keep the WBS balanced.

C.

Keep decomposing tasks until you reach an amount of work that can be accomplished in one DAY.

D.

Keep decomposing tasks until you reach an amount of work that can be accomplished in one WEEK.

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Question # 31

You are the project manager of the MKTG Project. The project has a budget of $200,000 and is expected to last 2 years. The project is now 20 percent complete and is on schedule. What is the BAC?

A.

$-00,000

B.

$200,00

C.

$50,000

D.

None of the above

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Question # 32

If you are project manager for a Project and will need as many inputs to the initiation phase as possible. Of the following, which is the best source of information for your project?

A.

Historical information

B.

WBS

C.

Business plans

D.

RBS

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Question # 33

You are the project manager of a project. If there are approved changes to the original scope, what you do with the old original scope?

A.

Save the old versions

B.

No need to save old version

C.

Scrap the old version

D.

Old version is not required

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Question # 34

You are the project manager of a project. Your project just went into integration mode. This means that your project __________.

A.

Has been accepted by the sponsor and the client

B.

Will be closed due to lack of resources

C.

Resources are being assigned to other areas of the business

D.

None of the above

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Question # 35

Market conditions are a part of ________.

A.

Enterprise environmental factors

B.

Project management concerns

C.

Organizational process assets

D.

Cost factor

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Question # 36

Which process group is for detailed resource assignments and responsibilities?

A.

Human resources management plan

B.

Project charter

C.

Aplan

D.

Project management plan

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Question # 37

The Ishikawa diagram, Pareto chart, control charts, and statistical sampling are examples of ________.

A.

Quality assurance

B.

Quality control

C.

Quality rules

D.

CMM

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Question # 38

If a project with a CPI of 1.6, what you tell?

A.

The project is consuming fewer resources than anticipated

B.

The project is using fewer resources than anticipated.

C.

The project is falling behind.

D.

The project is running ahead of schedule.

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Question # 39

What are common types of cost-reimbursable contracts?

A.

CPF

B.

CPFF

C.

CPIF

D.

Al1 of the above

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Question # 40

Which document is best suited for tracking the assignment of all resources to specific tasks in a project?

A.

RACI mAl,x

B.

sow

C.

Staffing management plan D)0 CPI

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Question # 41

What is a corrective action?

A.

An action that brings future project events Into alignment with the project plan

B.

An action to correct something in the project

C.

An action to prevent something in the project

D.

Corrective action is not related to project

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Question # 42

The main purpose of project initiation is to ________.

A.

Assign the project manager to the project

B.

Formally describe the project

C.

Produce the project charter

D.

Formally authorize the project

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Question # 43

You are project manager of a project. During the process of selecting the sellers, you reject one vendor because it doesn't have the manufacturing capability. This is an example of which selection tool?

A.

Weighting system

B.

Screening system

C.

Seller rating system

D.

Expert judgment

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Question # 44

In PMBOK, the buyer is ________ to the project team.

A.

Internal

B.

External

C.

Outside

D.

Assigned

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Question # 45

Who is responsible for issuing the project charter?

A.

The project manager

B.

The project sponsor

C.

The Team lead

D.

The nianagement

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Question # 46

Lessons learned session should be held at what point in a project?

A.

At the project conclusion

B.

At key milestones

C.

When risk events occur

D.

When sponsor want

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Question # 47

You are the project manager of a project. You have to determine the staffing requirements of the project. Which of the following you need:

A.

Resource breakdown schedule

B.

Responsibility assignment matrix

C.

Work breakdown structure

D.

Organization chart

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Question # 48

___________ must be measured regularly to identify variance from the plan.

A.

Stakeholder requirements

B.

Project performance

C.

Schedule progress

D.

Cost and schedule

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Question # 49

All of the following are outputs from Report Performance EXCEPT _________.

A.

Trend analysis

B.

"S" curves, histograms, bar charts, and tables

C.

Performance reports

D.

Change requests

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Question # 50

Which of the following techniques accounts for path convergence and generally estimates project durations more accurately?

A.

CPM

B.

PERT

C.

Schedule Simulation

D.

Path Convergence Method

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Question # 51

Techniques for conducting product analysis include:

A.

Technical benefit analysis

B.

Value engineering

C.

Expert judgment

D.

Alternatives identification

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Question # 52

A contingency plan is ________.

A.

A planned response that defines the steps to be taken, if an identified risk event should occur

B.

A workaround

C.

A reserve used to allow for future situations which may be planned for only in part

D.

All of the above

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Question # 53

Percent complete is calculated by _________.

A.

ACWP/BAC

B.

BCWP-ACWP

C.

BCWP/BAC

D.

EAC/BAC

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Question # 54

Which of the following statements is false?

A.

Uncertainty and risk are greatest at the start of the project and lowest at the end.

B.

The amount at stake Is lowest at the end of the project and greatest at the start.

C.

Expected monetary value can be expressed as the product of the risk event probability and the risk event value.

D.

Opportunities are positive outcome of risks.

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Question # 55

Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on source selection?

A.

Weighting System

B.

Screening System

C.

Selecting System

D.

None of the above

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Question # 56

Project Risk Management includes all of the following processes EXCEPT ________.

A.

Plan Risk Management

B.

Identify Risks

C.

Risk Analysis

D.

Plan R^ Response

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Question # 57

Projects are typically authorized as a result of any of the following except:

A.

Market demand

B.

Successful RFP bidding

C.

Regulatory requirement

D.

Technological advance

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Question # 58

What are the four parts of the communications model?

A.

Sending, Receiving, Decoding, and Comprehending

B.

Sender, Message, Medium, and Receiver

C.

Communicator, Message, Receiver, and Decoder

D.

Communicating, Transmitting, Receiving, and Comprehending

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Question # 59

Parametric Estimate Costs involves:

A.

Calculating individual cost estimates for each work package

B.

Using rates and factors based on historical experience to estimate costs

C.

Using the actual cost of a similar project to estimate total project costs

D.

Both A and B

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Question # 60

An individual's willingness to take a risk can be determined by which of the following:

A.

Decision Tree modelling

B.

Monte Carlo method

C.

Sensitivity analysis

D.

utility theory

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Question # 61

Wgich of the following is NOT considered as strategy for positive risk ?

A.

Avoid

B.

Transfer

C.

Accept

D.

ExPlot

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Question # 62

In project communications, the sender is responsible for _____________.

A.

Making the information clear, unambiguous, and complete so that the receiver can receive it correctly

B.

Ensuring information conveyed is accurate, clear, and timely so that it is useful to the receiver

C.

Making sure that the information is received in its entirety and understood correctly

D.

Identifying the proper choice of media, eliminating communications barriers, and utilizing the appropriate style and tone

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Question # 63

Which of the following is not a process of project human resource management?

A.

Organizational Planning

B.

stan< Acquisition

C.

Distribute Information

D.

Team Development

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Question # 64

A work breakdown structure is a ______.

A.

Result of the Collect Requirements process

B.

Deliverable oriented grouping of project elements that organizes and defines the total scope of the project

C.

Structure that can be used to track the project's time, cost, and quality performance against a defined baseline

D.

Valuable communications tool, but cannot be used to establish the number of required networks for Control Costs

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Question # 65

Which of the following is NOT a tool or technique used during the Perform quantitative risk analysis Process?

A.

Expected Monetary Value Analysis

B.

Risk Categorization

C.

Interviewing

D.

Sensitivity Analysis

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Question # 66

The communications management plan is primarily dependent on the ____________.

A.

Length of the project

B.

Physical location of team members

C.

Specific needs of the project

D.

Project deliverables

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Question # 67

___________ is a groups of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.

A.

Procurement Management

B.

Planning Management

C.

Scope Management

D.

Control Management

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Question # 68

The ability of a product to be used for different purposes at different capacities and under different conditions determines its __________.

A.

Usability

B.

Flexibility

C.

Operability

D.

Availability

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Question # 69

The process of monitoring specific project results to determine if they comply with relevant quality standards is called ______________.

A.

Quality Assurance

B.

Quality Control

C.

Plan Quality

D.

Quality Review

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Question # 70

Who should contribute to the development of a project plan?

A.

Project manager

B.

Entire project team including project manager

C.

Senior management

D.

Just the planning department

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Question # 71

In which type of organization, a project manager is in complete control of the project?

A.

Projectized organization

B.

Balanced Matrix organization

C.

Strong Matrix

D.

Weak Matrix organization

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Question # 72

Key Management skills include:

A.

Leading

B.

Communicating

C.

Negotiating

D.

All of the above

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Question # 73

Which of the following Enterprise Environmental factors are not the inputs for the Develop Human Resource Plan process:

A.

Organizational Chart Tempates

B.

Reduced Training Funds

C.

Hiring Freeze

D.

Technical competencies of project staff

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Question # 74

Which of the following is an output of a Verify Scope process?

A.

Formal acceptance

B.

WBStemplate

C.

SOW acceptance

D.

Rework

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Question # 75

Which of the following involves estimating the cost of individual work items:

A.

Computerized

B.

Bottom up estimating

C.

Analogous estimating

D.

Square foot

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Question # 76

The Project Procurement Management includes:

A.

Procurement planning

B.

Solicitation planning

C.

Solicitation

D.

All of the above

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Question # 77

Which of the following is not a part of the Earned Value calculations?

A.

Unknown Unknowns

B.

Project Budget

C.

Known Unknowns

D.

Amount of work completed

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Question # 78

Control Costs is concerned with:

A.

Managing changes when they occur

B.

Resource rates

C.

Chart of accounts

D.

Organizational policies

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Question # 79

Which of the following is an output of a Verify Scope process?

A.

Accepted deliverables

B.

Change Requests

C.

Project document updates.

D.

All of the above

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Question # 80

An example of a project is:

A.

Billing customers

B.

Managing an organization

C.

Constructing a building

D.

Providing technical support

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Question # 81

The "To Complete Performance Index" (TCPI) is calculated by:

A.

Subtracting the actual costs to date from the estimate at completion

B.

Dividing the budgeted cost of the remaining work by the difference between the estimate at completion and actual costs to date

C.

Multiplying the estimate at completion by the cumulative cost performance index

D.

Adding the estimate at completion to the actual costs to date and multiplying by the cumulative cost performance index

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Question # 82

Which of the following is a common characteristic of most project life cycle descriptions?

A.

Cost and staffing are low at the start, higher towards the end. and drop rapidly as the project nears completion.

B.

The probability of successfully completing the project is highest at the start of the project.

C.

Stakeholders have the most influence on the final characteristics of the product at the end of the project.

D.

a and b

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Question # 83

The most rapid Estimate Costs technique is:

A.

Square foot estimating

B.

Template estimating

C.

Computerized estimating

D.

Analogous estimating

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Question # 84

What involves determining what quantities are to be used to perform project activities.

A.

Resource planning

B.

Estimate Costs

C.

Determine Budget

D.

Control Costs

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Question # 85

Project scope is:

A.

The work that must be done in order to deliver a product with the specified features and functions.

B.

The features and functions that are to be included in a product or service.

C.

A narrative description of work to be performed under contract.

D.

a and b

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Question # 86

Another term for top down estimating is:.

A.

Analogous estimating

B.

Life-cycle costing

C.

Parametric modeling

D.

Bottom up estimating

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Question # 87

A complex project will fit best in what type of an organization?

A.

Functional

B.

Cross-functional

C.

Matrix

D.

Balanced

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Question # 88

Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely 6 days. What is the standard deviation for the estimates?

A.

1

B.

2

C.

1-5

D.

0-5

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Question # 89

Which is not a technique for Sequence Activities ?

A.

Rolling Wave Planning

B.

Mandatory Dependencies

C.

Arrow Diagramming Method [ADM

D.

Precedence Diagramming Method [PDM]

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Question # 90

Scoring models, comparative approaches and benefit contribution are all part of:

A.

Constrained optimization models for selecting a project

B.

Benefit measurement models for selecting a project

C.

Quality measurement techniques

D.

Distribute Information tools

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Question # 91

Which describes how cost variances will be managed?

Cost management plan

Cost baseline

Cost estimate

Chart of accounts

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Question # 92

In an optimal organization structure, the project manager is:

A.

Functional

B.

Weak matrix

C.

Piojectized

D.

Dedicated project team

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Question # 93

A contingency plan is executed when _____________.

A.

A risks is identified

B.

An identified risk occurs

C.

When a workaround is needed

D.

Al1 of the above

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Question # 94

The sending or conveying of information from one place to another is the process of _______________.

A.

Networking

B.

Transmitting

C.

Encrypting

D.

Promoting

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Question # 95

Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on source selection?

A.

Weighting system

B.

Screening system

C.

Selecting system

D.

None of the above

Full Access
Question # 96

Which of the following contract types places the greatest risk on the seller?

A.

Cost-plus-fixed-fee contract

B.

Cost plus-incentive-fee contract

C.

Fixed-price-incentive contract

D.

Firm-fixed-price contract

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Question # 97

Which of the following are inputs that belong to Estimates Activity Resources?

A.

Activity List

B.

Resource Calendar

C.

Activity Attributes

D.

All of the above are inputs of Estimates Activity Resources

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Question # 98

The process of evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards is called _________.

A.

Quality Assurance

B.

Quality Control

C.

plan Quality

D.

Quality Review

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Question # 99

Which of the following is an example of indirect costs?

A.

Salaries of corporate executives

B.

Salaries of full-time project staff

C.

Overhead costs

D.

Both A and C

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Question # 100

A tight matrix is ___________________.

A.

A balanced matrix organization

B.

Where all team members are brought together in one location

C.

Where functional managers operate in a dual reporting structure reporting to both their own departments and to the project manager

D.

Both A and c

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Question # 101

An approved change request is an input to which of the following processes?

A.

Define Scope

B.

Verify Scope

C.

Monitor and Control Project Work

D.

Integrated Change Control

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Question # 102

The receiver filters messages based on all but the following:

A.

Culture

B.

Semantics

C.

Language

D.

Distance

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Question # 103

Which of the following best describes a sub network?

A.

Fragment Network

B.

ADM

C.

PDM

D.

A0N

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Question # 104

Complete final contract performance reporting and verify product is done in _______.

A.

Plan Procurements

B.

Conduct Procurements

C.

Administer Procurements

D.

Close Procurements

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Question # 105

A schedule activity may start 5 days before the predecessor activity finishes. This is an example of ______________.

A.

Finish-to-Start

B.

Finish-to-Finish

C.

Start-to-Start

D.

Start-to-Finish

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Question # 106

What impact does a matrix organization have on project team development?

A.

No impact at all.

B.

It complicates team development.

C.

It simplifies team development.

D.

It hinders team development completely.

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Question # 107

A document or tool which describes when and how human resources will be brought onto and taken off the project team is called ____________.

A.

Staffing Management Plan

B.

Responsibility Assignment Matrix (RAM)

C.

Organizational Breakdown Structure (OBS)

D.

Resource Assignment Chart

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Question # 108

The independence of two events in which the occurrence of one is not related to the occurrence of the other is called ________________.

A.

Event phenomenon

B.

Independent probability

C.

Statistical independence

D.

Statistical probability

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Question # 109

All of the following aid in achieving consensus EXCEPT _________.

A.

Maintaining a focus on the problem, not each other

B.

Avoiding conflict

C.

Seeking facts

D.

Avoiding voting, trading, or averaging

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Question # 110

Which process involves monitoring, measuring, and taking corrective action?

A.

Executing processes

B.

Planning processes

C.

Controlling processes

D.

Closing processes

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Question # 111

The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order: _____________.

A.

Disciplinary, autocratic, and participative

B.

Staff planning, team training, and performance monitoring

C.

Team building, team development, and responsibility assignment

D.

Directing, coaching, supporting, and delegating

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Question # 112

Which of the following are NOT outputs of the Activity Duration Estimation process?

A.

Activity duration estimates

B.

Schedule baseline

C.

None of the choices are correct

D.

Updates to activity attribute

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