PMP® Practice Quiz - 8
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You're a project manager at a wedding planning company. You're working on a large wedding for a wealthy client, and your company has done several weddings in the past that were very similar to the one you're working on. You want to use the results of those weddings as a guideline to make sure that your current project's quality is up to your company's standards. Which tool or technique are you using? *
1 point
In your project, you would like to document team member roles and responsibilities. You have documented project roles as responsible, accountable, control and inform. A good way to depict the information is through: *
1 point
The following are the details of a project: Payback: $2,000 Profit: $1,000 Project cost: $800 Life cycle cost: $1200 What is the Benefit Cost Ratio for this project? *
1 point
Your project has just been fast tracked and you are looking to quickly bring in a subcontractor to complete networking. There is no time to issue a request for proposal (RFP), so you choose to use a company you have used many times before for software development. A PRIMARY concern in this situation is: *
1 point
Which of the following statement(s) regarding whistle-blowing is/are not true?  (a) It is a term used to define an employee's decision to disclose information on unethical, immoral or illegal actions at work to an authority figure.  (b) An employee should always discuss the matter with people external to the company before following the ""chain of command"" and discuss it with the immediate superior.  (c) The consequences of whistle-blowing are often extreme and include possible being branded as having bad judgment, firing, civil action and imprisonment.  (d) Carefully considered whistle-blowing can lead to the end of unethical business practices. *
1 point
A project has several teams. Team C has repeatedly missed deadlines in the past. This has caused team D to have to crash the critical path several times. As the team leader for team D, you should meet with the: *
1 point
You are managing a project with a total budget of $450,000. According to the schedule, your team should have completed 45% of the work by now. But at the latest status meeting, the team only reported that 40% of the work has actually been completed. The team has spent $165,000 so far on the project. How would you BEST describe this project? *
1 point
The process that links people and information is called: *
1 point
You're managing a construction project. There's a 30% chance that weather will cause a three-day delay, costing $12,000. There's also a 20% chance that the price of your building materials will drop, which will save $5,000. What's the total EMV for both of these? *
1 point
Which of the following is NOT an output of Perform Integrated Change Control? *
1 point
You are a project manager and have just discovered a risk in your project that requires an immediate corrective action. During which Project Risk Management Process is this action performed? *
1 point
You have just learned that one of your team members has not been adequately trained to complete project activities as assigned to him. How will you handle this situation? *
1 point
You are worried about passing the PMP Exam and ask a PMP for help. That person sends you a message that includes two of the toughest questions he faced on the exam. What should you do? *
1 point
During the execution of your project, the seller loses key personnel who were working on your project. What is generally the BEST thing for a project manager to do in this situation? *
1 point
You are the project manager in a company. You have finished preparing a detailed description of the project and product. What will you do next? *
1 point
A project manager for a small construction company has a project that was budgeted for US $130,000 over a six-week period. According to her schedule, the project should have cost US $60,000 to date. However, it has cost US $90,000 to date. The project is also behind schedule, because the original estimates were not accurate. Who has the PRIMARY responsibility to solve this problem? *
1 point
You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile been finished. You perform Earned Value Analysis and find the following results: EV: 250,000; PV: 200,000; AC 275,000; BAC 500,000. What is right? *
1 point
Your company wants to assign a resource to your project and asks you to bill that resource to the customer. This concerns you because you get a bonus for maximizing billings to the customer. What is the BEST thing to do? *
1 point
Which of the following tools and techniques is used to show which categories of defects are most common? *
1 point
The buyer wants to provide a single source contract, but your sponsor tells you that sole source contract would be better for the company. In this context, how do sole source contracts differ from single source contracts? *
1 point
The outputs of the Plan Risk Responses process include a risk response plan, risk response owners assigned, and: *
1 point
The communications management plan for the project has been completed and approved by the customer when a major stakeholder requests that the project manager issue reports on the amount of testing done throughout the life of the project. However, testing is only a minor aspect of the quality control plan. It would be BEST for the project manager to: *
1 point
Which of the following best describes the Plan-Do-Check-Act cycle? *
1 point
Which of the following is the BEST example of a reward system? *
1 point
Which of the following projects described below will you select? *
1 point
In your project, you are in the process of determining the project roles, responsibilities and reporting relationships for your team members. Which of the following is not used for this process? *
1 point
As a project manager, you know that project plan development is an important element to manage projects. Develop Project Management Plan is done as part of: *
1 point
In your project, there is a necessity to use a certain technology that will save you time and money, but the required technology is patented. After extensive research, you determine that use of any other technology is not feasible. In this context, you should: *
1 point
When your objective is to get a lasting win-win solution to a problem, which conflict resolution technique should you use? *
1 point
Which of the following is a hybrid type of contractual arrangement? *
1 point
In your project, you have identified all the relevant stakeholders. Now, you want to plan stakeholder management strategy. Which of the following tools and techniques would you use for this purpose? *
1 point
Two of your project team members approach you with a conflict that they are having with each other over the technical approach to their work. One of the two people is very aggressive, and tries to get you to make a decision quickly. The other team member is quiet, and seems less willing to talk about the issue. The conflict is starting to cause delays, and you need to reach a decision quickly. You spend the weekend studying conflict resolution techniques, which is an example of: *
1 point
Processes of Configuration management do in general not include… *
1 point
A project manager wants to update a project management plan. You suggest that the updated project management plan should include: *
1 point
A customer has given you a procurement statement of work for a complex, eight-month project that has a few unknowns. The customer has asked you to just "get it done" and only wants to see you at the end of eight months when you deliver the finished project. Under these circumstances, which of the following is the BEST thing to do? *
1 point
You are tracking your project using earned value management (EVM) and find you are behind schedule but under budget. Your variances show schedule variance (SV ) = -US $50 million, cost variance (CV) = $100 million, and your actual costs are US $500 million. What are the CPI, PV, and SPI? *
1 point
Your project stakeholder has asked you to create a financial plan for your project. Preparing a financial plan will require: *
1 point
Dave is the project manager for a construction project that is building a gazebo. When the project first started, he met with the stakeholders to define the scope. The sponsors mentioned that the gazebo is a really important part of their daughter's wedding ceremony that was planned for 7 months from then. In fact, they said that if the gazebo couldn't be completed in 7 months, it wouldn't be worth it for them to even start the project. Dave wrote down the 7-month deadline to put in his Project Scope Statement. In which section of the document did the deadline appear? *
1 point
You are the project manager, heading a team of 10 technical developers. 3 more developers will be joining within a month. What will be the increase in the number of communication channels after the new members join your team? *
1 point
Identify Stakeholders is the process to identify all people or organizations impacted by the project and to document: *
1 point
Which of the following BEST describes the major constraints on a project? *
1 point
The risks identified for the project must be analyzed to be able to rely on them during the rest of the risk management process. It would be MOST important to complete which of the following? *
1 point
In the Identify Risks phase, you are working with your team to determine which risks may affect project performance. Which of the following information gathering techniques can you use to facilitate the process (Select the best answer)? *
1 point
When is the BEST time to have project kickoff meetings? *
1 point
Which of the following is NOT a reason to measure variances from the baseline? *
1 point
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: *
1 point
What should managers consider before conducting a performance-evaluation interview with a project team member? *
1 point
Understanding cultural key similarities and differences is especially important for… *
1 point
You are considering whether to buy or lease a machine for your heavy engineering plant. Your finance department has provided you the following data: The cost of buying the machine ('If you buy') is $ 29,000 and the cost of one-time procurement and integration is $ 1000. The cost of leasing the machine ('If you lease') involves $ 10,000 as down payment and $ 5,000 per month as license fee. What is the breakeven duration after which the buying of the machine is preferable to leasing it? *
1 point
The project management plan is LEAST useful for which of the following? *
1 point
The project has had a major defect, and the project manager has involved the project team and process engineers in analyzing the situation. One of the group says that the real fault is the age of the equipment. Another says it is the lack of material of the correct quality. To address the root of the problem, the project manager decides to use an Ishikawa diagram. Which of the following BEST describes the part of the quality management process in which the group is involved in this situation? *
1 point
You are the project manager for a software project, when the sponsor pulls the plug and cancels the project. What do you do? *
1 point
Risk response owners can potentially have conflict with risk auditors because risk auditors: *
1 point
You are working on a project with a PV of $56,733 and an SPI of 1.2. What's the Earned Value of your project? *
1 point
A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labor hours per installation from past projects to predict the future. This is an example of which of the following? *
1 point
Which of the following is true of the Estimate Activity Durations process? *
1 point
You're managing a construction project, and you're estimating your project's activities using a spreadsheet that a consulting company created for you. You have to fill in the dry weight of the materials, the number of people required to do the work, the type of building you're working on, and other information about the project. Which BEST describes what you are doing? *
1 point
You are running a project which was budgeted based on some Rough order of magnitude (ROM) estimates with a precision of -50% /+100%. Meanwhile, with new estimates made on detail level and some work already finished, you found out that these estimates were consistently too low and the budget will not be sufficient to successfully run and finish the project. What should you do? *
1 point
Consideration of ongoing operations and maintenance is crucially important to products of projects. Ongoing operations and maintenance should: *
1 point
You are aware that a team member of your project is likely to be promoted shortly. There is also a possibility that she may be transferred out of the project following the promotion. In this situation, you should: *
1 point
A project manager has discovered that a team member has gold plated the work done in an activity. In order to discover this, the project manager must have been performing: *
1 point
Communication is the key to the success of a project. As the project manager, you have three stakeholders with whom you need to communicate. As such, you have six channels of communication. A new stakeholder has been added that you also need to communicate with. How many communications channels do you have now? *
1 point
In your project, you wish to manage procurement relationships, monitor contract performance, and make changes and corrections as needed. For this, you use all of the following EXCEPT: *
1 point
In which of the following processes is decomposition used as a tool? *
1 point
All of the following are parts of the Direct and Manage Project Execution process EXCEPT: *
1 point
The project manager is measuring the performance of the project. The cost performance index (CPI) is 1.1 and there have been three changes on the project-just about what was expected. Management is calling for replanning parts of future scope, and there are three stakeholders who are complaining about potential impacts of the project on their department. While all this is going on, what part of the procurement process is the project manager involved in? *
1 point
Which of the following BEST describes funding limit reconciliation? *
1 point
In the recent status meeting, you discover that your project has a 65 percent chance of making a USD 100,000 profit and a 35 percent chance of incurring a USD 100,000 loss. What is the expected monetary value for the project? *
1 point
During the completion of project work, the sponsor asks the project manager to report on how the project is going. In order to prepare the report, the project manager asks all the team members what percent complete their work is. There is one team member who has been hard to manage from the beginning. In response to being asked what percent complete he is, the team member asks, "Percent complete of what?" Being tired of such comments, the project manager reports to the team member's boss that the team member is not cooperating. Which of the following is MOST likely the real problem? *
1 point
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? *
1 point
As part of your project, you were involved with improving the competencies and interaction of team members to enhance project performance. What should you do next? *
1 point
During a walk-through of a work package, you discover that a team member is completing the work differently than stated in the WBS dictionary. How should you deal with this? *
1 point
Who of the following has primary responsibility for establishing design and test specifications? *
1 point
Which statement is FALSE for Constructive changes? *
1 point
You're working with an audit team to check that your company's projects all meet the same quality standards. What process is being performed? *
1 point
All of the following are inputs to the Develop Schedule process EXCEPT: *
1 point
Which of the following is a Mandatory Standard under Respect as prescribed by PMI: *
1 point
The project manager is working to clearly describe the level of involvement expected from everyone involved in the project in order to prevent rework, conflict, and coordination problems. Which of the following BEST describes the project manager's efforts? *
1 point
You've been contracted by a construction company to manage their contracting. They have a choice of either buying an excavator or renting it. To buy it, the company would have to pay $105,000, but owning it will require approximately $10,000 in maintenance costs per year. The price to rent the excavator is $5,000 per month, with a one-time service charge of $2,000. What's the minimum number of months the company needs to use the excavator in order for it to make sense to buy it rather than rent? *
1 point
Which estimating method tends to be MOST costly for creating a project cost estimate? *
1 point
Your boss is worried about the project schedule. There is a critical deliverable due to the federal government in two weeks. If you miss the deliverable, you could lose the entire contract. To help reduce the boss's stress you show him the earned value calculations you just completed. They show your cost performance index (CPI) is 1.25, your actual cost (AC) is US $400 million, and your planned value (PV) is US $490 million. Should your boss be comfortable? *
1 point
Which of the following is the BEST tool for showing the team the project schedule status during project executing? *
1 point
A project has faced major difficulties in the quality of its deliverables. Management now states that quality is the most important project constraint. If another problem with quality were to occur, what would be the BEST thing for the project manager to do? *
1 point
Administer Procurements is a part of which process group? *
1 point
Which of the following would be the MOST appropriate thing to do during the monitoring and controlling process group? *
1 point
The BEST method to control costs is to: *
1 point
The _______ can be used to assess outlays and funding requirements. *
1 point
The customer wants to make a change to the project scope. The BEST thing for the project manager to evaluate is the: *
1 point
Which of the following BEST describes the project manager's role during the procurement process? *
1 point
With a clear procurement statement of work, a seller completes work as specified, but the buyer is not pleased with the results. The contract is considered to be: *
1 point
You have recently been named as the manager of a new project under contract. The sponsor of the project gave you the contract signed by the customer and a Statement of work. He asked you to go on with initiation. Which document should you develop next? *
1 point
You're a project manager for a construction project. You've just finished creating a list of all of the people who will be directly affected by the project. What process group are you in? *
1 point
A project is in progress, and the project manager is working with the quality department to improve stakeholders' confidence that the project will satisfy the quality standards. Which of the following are ALL outputs of this process? *
1 point
At the beginning of the project, you hold a meeting with all of the stakeholders in your project in order to figure out how everyone will communicate as the work goes on. Which of the following terms best describes that meeting? *
1 point
When is inspection performed? *
1 point
The project manager is having a very difficult time keeping a project schedule on track. The project requires 220 people to complete it. All of the project problems have been fixed to the project manager's satisfaction, the schedule performance index (SPI) is currently 0.67, the cost performance index (CPI) is 1.26, there are 23 activities on the critical path, and the project PERT duration is 26. Under these circumstances, the monthly status report should report: *
1 point
Your company has entered into a joint venture with another company, and you are in the process of finalizing a teaming agreement. In the teaming agreement, both the buyer and the seller collectively prepare: *
1 point
In which plan do you define the processes that will be used to keep people informed throughout the project? *
1 point
Your company CEO wants to set up a project management office (PMO) in the company. You have been assigned the responsibility to define the scope of work for the PMO. You are aware that ideally a PMO can facilitate all the following EXCEPT: *
1 point
A project manager is assigned to an environmental engineering project chartered to build a reverse flow fish ladder on a river. An environmental group is performing the project. This type of project has never been done before. The project manager has decided to build a basic project schedule and to detail the work of each part as the current part nears completion. What BEST describes what the project manager is doing? *
1 point
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