PMP® Practice Quiz - 21
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Which is NOT true in regard of RoI (Return on Investment) for a project? *
1 point
The project manager for a construction project discovers that the local city council will vote on a zoning change that would open up a new neighborhood to commercial building. She contacts other construction companies in the area that would benefit from the change to ask them to attend the council meeting in order to convince the city council to vote for the change. A "Yes" vote will benefit all of the companies. This is an example of which risk response strategy? *
1 point
A software project team lead is working with stakeholders to make sure that there's formal, documented acceptance of every one of the project deliverables. Which of the following BEST describes the work that she's doing? *
1 point
There is a probability of 0.1 that a given risk will occur in a project. If it occurs, it will result in a loss of US $10,000. The insurance cost for this event is US $700, with a deductible amount of US $250. Should a rational project manager buy this insurance? *
1 point
Paul is a project manager for an industrial design project. The project has a 60% chance of making the company $230,000 over the next year. It has a 40% chance of costing the company $150,000. What's the project's EMV? *
1 point
You're a project manager working on a software engineering project. The programmers have started building the software, and the testers have started to create the test environment. Which process group includes these activities? *
1 point
You're managing a construction project to install several hundred air conditioner panels in a new office building. Every floor has identical panels. The customer, a construction contracting company, has provided specifications for the installations. The team is using a process to install and verify each panel. As the team completes each panel, your team's quality control inspector measures it and adds the data point to a control chart. You examine the control chart, and discover that the process is out of control and you need to take close look at it immediately. Which of the following BEST describes what you found on the control chart? *
1 point
If you would like to compare different suppliers and rate their proposals for the purpose of procurements, you should use: *
1 point
While completing a project, a project manager realizes he needs to decrease project costs. After researching his options, he comes up with the following choices. Which choice would DECREASE project costs? *
1 point
Who determines the project scope requirements of a new project? *
1 point
Which is generally not regarded as one of the three categories of culture that managers should master? *
1 point
A document called ____________ is created by decomposing the project scope into smaller, more manageable elements. *
1 point
Which of the following is the BEST method to control changes on the project? *
1 point
Start dates in the following network logic diagram are defined as early morning, finish dates are evening. If tasks are scheduled to begin at early start date, what is true? *
1 point
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Company ABC is evaluating three consulting companies to find a consultant to perform professional services. They request information on how the three consulting companies allocate fringe benefits to their clients. What type of cost is Company ABC asking about? *
1 point
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: *
1 point
The first phase of your project has come to an end. What should you ensure is done BEFORE beginning the next phase? *
1 point
Which is normally not regarded as an element of Cost of quality? *
1 point
All of the following statements about work breakdown structures are true EXCEPT: *
1 point
Mike is a project manager for an IT technology implementation project. He is using an ishikawa diagram to figure out what could cause potential risks on his project. Which process is he doing? *
1 point
Which of the following is NOT considered when calculating cost of quality? *
1 point
Graphical representations of situations showing causal influences, time ordering of events, and other relationships among variables and outcomes are also referred to as: *
1 point
A project manager made 3-point estimates on a critical path and found the following results. Assuming ±3 Sigma precision level for each estimate, what is the standard deviation of the allover path? *
1 point
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During project planning, you estimate the time needed for each activity and then add the estimates to create the project estimate. You commit to completing the project by this date. What is wrong with this scenario? *
1 point
You took over a customer project for your company. From the inputs available, including Contract, Statement of work and Project charter, you have developed a Project management plan. You already presented that plan in a meeting with key stakeholders including your project sponsor and some representatives from the customer organization. During the meeting you sensed a high level of dissatisfaction by the customer executives, who signaled that the project might not produce the results that their company had expected. In your understanding, all necessary actions have been planned to meet the customer's requirements. What should you do next? *
1 point
When finishing a project, which factors that influence customer satisfaction the most should you be aware of? *
1 point
All of the following refer to power derived from the position of the project manager in the organization EXCEPT: *
1 point
Activity 1 has a duration of 20 days, Activity 2 of 10 days, Activity 3 of 5 days and Activity 4 of 6 days. What is the minimum total duration between the Milestones A and B? *
1 point
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You are assigned as a project manager for an internal project. During cost planning and budgeting you discovered that there are peak times of costs during the project and other times when costs are fairly low. What could this mean for the project? *
1 point
A rough order of magnitude estimate is made during which project management process group? *
1 point
The sponsor is excited that the product of the project is finally being produced. In which of the following must the project be involved? *
1 point
Early in the life of your project, you are having a discussion with the sponsor about what estimating techniques should be used. You want a form of expert judgment, but the sponsor argues for analogous estimating. It would be BEST to: *
1 point
You want to know specifically which business goal a group of projects and programs are going to accomplish. Which is the best place to look for this information? *
1 point
Your project SPI is 0.86, and the management has recommended that you should fast track the project. You agree with the management, but caution them that fast-tracking could: *
1 point
During which process group does Close Procurements occur? *
1 point
Your project team has been informally meeting with sellers to discuss the sellers' "best practices" relative to upcoming potential work from your company. During one of these sessions, a seller offers to give you tickets to a sporting event if you will tell him the names of other companies you have been meeting with. What is the BEST response? *
1 point
Which of the following could happen during project executing as a result of fast tracking the project? *
1 point
You are the project manager of an IT company. You are creating a collection and filing structure that details methods used to gather and store various types of information, and also procedures to collect and disseminate updates and corrections to the concerned stakeholders. Where will you include this information? *
1 point
You have been given a high priority task that needs to be completed within a short time frame. Since you know what has to be done, you assign tasks to different team members and tell them when and how the tasks should be completed. The management style that you are following is: *
1 point
You are identifying key stakeholders for your project. Which of the following is not included in any case? *
1 point
You are a procurements manager and are responsible for managing complex procurement contracts. In this context, which of the following is the most effective means of handling complex communications? *
1 point
You are a public executive working on your fourth project to order new buses for a transportation route between two cities. You include a government official as a stakeholder and plan to include meetings with him in the WBS. Your manager objects to such activities as unnecessary. The BEST response is to inform your manager that: *
1 point
You're holding a PMP study group so that you and your coworkers can work together to study for the exam. One person recently took and passed the exam, and has offered to give you all of the questions he can remember. How should you respond? *
1 point
The project team working on a project printing 3,500 technical manuals for a hardware manufacturer can't inspect every single manual, so they take a random sample and verify that they have been printed correctly. This is an example of: *
1 point
During project executing, the project manager is spending a lot of time solving problems that arise. It would be BETTER for the project manager to transfer his efforts to: *
1 point
In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources. What is the term commonly used for this situation? *
1 point
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Your project has a budget at completion (BAC) of $75,000, and you need to figure out if you're on track to meet it. You know that you've already spent $56,000, and you're 70% done with the project. If your project continues expenditures at the current rate, what's the lowest that you can allow your CPI to go before you've exceeded your project's budget? *
1 point
A project manager is analyzing project risks by using quantitative techniques to assign a numeric value to each of those risks. Which of the following tools and techniques is NOT used for this? *
1 point
A project team has invited many of the project stakeholders to help them inspect quality on the project. Which of the following would NOT be an output of this activity? *
1 point
In the contract document of the project, the time schedules and deliverables in each phase are clearly stipulated. From a project management perspective, this is: *
1 point
You have just signed a contract with a seller. Due to funding issues, your management decides to terminate the contract. For this purpose, you will: *
1 point
What is the most important benefit of a 360 degree review? *
1 point
Calculate the to-complete performance index of your project, based on EAC, when the actual cost of your project is $200,000, cost variance of your project is $25,000 and the budget at completion of your project is $350,000. *
1 point
In your project, you monitor the status of the project to update the project progress. In this context, you will use all of the following techniques EXCEPT: *
1 point
In your project, you implemented a risk response and hired an additional skilled technical resource who can help in testing your application. However, you are worried that the technical resource may leave - this new risk can also be called: *
1 point
You are working on a new oil purification project in a foreign country. A person informs you that you will have to pay him a "transfer fee" for the permit to move heavy equipment through the city. What is the FIRST thing you should do? *
1 point
What would be the BEST explanation for the following: Both the cost variance and schedule variance are negative, but the cost variance is lower than the schedule variance. *
1 point
The principal use of a Pareto chart is to: *
1 point
Which of the following tools is used to create a Risk Management Plan? *
1 point
To obtain support for the project throughout the performing organization, it's BEST if the project manager: *
1 point
Though it was difficult, the project manager received agreement to the project charter from all four sponsors involved on the project and the US $4,000,000 project was approved. Now the cost variance for the project is -$500 and the last performance review was positive. Just when the project entered its second phase, a team member on a noncritical path activity announced she was leaving the company. The float of activity L changed from two to four days. Only one unidentified risk has occurred with a minor impact. The last quality review showed that the project has made use of the results of the last design of experiments. Based on this information, what should the project manager do NEXT? *
1 point
What should not be covered by a risk management plan? *
1 point
A good friend at work tells you that when his wife was diagnosed with cancer, he stole items from work and sold them, using the money for her treatment. He has since paid back the money taken, in ways that kept his theft secret. Ethically, what should you do? *
1 point
Your company has asked you to provide a cost estimate that includes maintenance, installation, support, and upkeep costs for as long as the product will be used. What is that kind of estimate called? *
1 point
You are working on a large construction project that is progressing within the baselines. Resource usage has remained steady, and your boss has just awarded you a prize for your performance. One of your team members returns from a meeting with the customer and tells you that the customer is not happy with the project progress. What is the FIRST thing you should do? *
1 point
While completing a project, a worker strike in the seller's city has resulted in the required deliverable being late. What is generally the BEST thing for the project manager to do? *
1 point
You are managing a six-month project and have held bi-weekly meetings with your project stakeholders. After five-and-a-half months of work, the project is on schedule and budget, but the stakeholders are not satisfied with the deliverables. This situation will delay the project completion by one month. The MOST important process that could have prevented this situation is: *
1 point
Which of the following is NOT a stakeholder? *
1 point
You are working as a project manager in an IT company. Your project is facing major difficulties in the quality of its deliverables and you are getting recurring problems. The project sponsor has insisted that no compromise can be made in the quality of the deliverables. In this context, if the problem persists, the BEST option you would choose as a project manager to remedy the problem is to: *
1 point
A project manager uses a facilitator to gather opinions from experts anonymously. What tool or technique of Risk Identification is being performed? *
1 point
An environmental remediation project has succeeded in reducing costs. This is achieved by implementing a change request for new technology that was not available when the scope was originally defined. The technology change that is adopted is a/an: *
1 point
You are reaching project completion, and want to understand whether your project was successful. In this context, for a project to be successful, what is the primary requirement? *
1 point
The approximate resource costs necessary for completing project activities are compiled during which project management process? *
1 point
Which process group contains the Develop Project Charter process and the Identify Stakeholders process? *
1 point
All the following estimates are used by the program evaluation and review technique (PERT) EXCEPT: *
1 point
A project has a payback period of nine months. What does this mean? *
1 point
What is the S-curve in project management? *
1 point
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Which of the following is NOT an input to the Plan Communications process? *
1 point
You are working as the project manager simultaneously on four (4) projects in your organization, which vary in complexity. For your projects to be successful, you should do all the following EXCEPT: *
1 point
Which of the following BEST describes the project manager's role relating to changes? *
1 point
Which of the following is an example of a parametric estimate? *
1 point
A scope change has been suggested by one of the stakeholders on the project. After careful consideration and a lot of arguing, the change control board has decided to reject the change. What should the project manager do? *
1 point
You are in the process of developing the project charter. Which of the following forms the basis for the Develop Project Charter process? *
1 point
Resource requirements are determined: *
1 point
You are in the executing process group of a major project with an estimated cost of US $22 million. Two team members are having a disagreement over the potential sellers of a project component, and the project manager has offered to help. The project manager suggests a compromise, and the team members want to solve the problem. Who should decide on the BEST course of action? *
1 point
You are the project manager of a software company involved in creating an anti-virus software product. You are in the execution phase of the project when you realize that a requirement was not included in the product. This is due to an omission in defining the scope baseline of the project. What should you do? *
1 point
You just created the following network logic diagram to describe the planned flow of activities for your project which will start tomorrow. Which potential inconsistency in the diagram should you solve right now? *
1 point
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When should a schedule baseline be created and used? *
1 point
A project manager is unsure of how much cost reserve to add to the project. There is a 50 percent chance of a weather delay causing an impact of US $100,000 and a 30 percent chance of a delay in the testing center with a US $20,000 impact. How much should the cost reserve be? *
1 point
A project manager is spending all his time watching over the team, and team members feel he is always second-guessing them. The project manager is MOST likely a: *
1 point
During a team meeting, the team has been arguing about the method of integration for over 20 minutes without getting anywhere. The project manager reschedules the issue for the next team meeting. This is an example of: *
1 point
Which of the following would generally lead to the LEAST amount of quality improvement? *
1 point
Your project team has decided not to change the project management plan to deal with a risk. This is an example of: *
1 point
The main focus of life cycle costing is to: *
1 point
Which of the following helps a project manager determine possible causes of problems on a project? *
1 point
Which of the following is a "hygiene factor" under Herzberg's Motivation-Hygiene Theory? *
1 point
If a project manager wants to report on the actual project results vs. planned results, he should use a: *
1 point
You have just started work on the Project Scope Statement. You are analyzing the expected deliverables, when you discover that one of them could be delivered in three different ways. You select the best method for creating that deliverable. What is the BEST way to describe what you are doing? *
1 point
Which of the following best describes decomposition? *
1 point
Your company has recently been awarded a contract by the government to reconstruct houses devastated by an earthquake. In this context, the government's role will impact your: *
1 point
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