PMP® Practice Quiz - 3
Sign in to Google to save your progress. Learn more
_______ refers to nonrandom data points that are grouped together on one side of the mean of a control chart. *
1 point
During the planning processes, activity G was estimated to take 5 days. Activity G is on the critical path. On day 2, it becomes clear that activity G will take 15 days, which will impact the imposed project end date. The project team meets to perform root cause analysis to identify the cause of the variance and to plan schedule recovery with activities performed later in the schedule. Which of the following should ALWAYS be the output of this kind of meeting? *
1 point
Project A has a NPV of $75,000, with an internal rate of return of 1.5% and an initial investment of $15,000. Project B has a NPV of $60,000 with a BCR of 2:1. Project C has a NPV of $80,000, which includes an opportunity cost of $35,000. Based on these projects, which is the BEST one to select: *
1 point
The cost contingency reserve should be: *
1 point
Information about the project must be distributed to all stakeholders. Which of the following process outputs is used to report the status and cost of project activities? *
1 point
In your project, some of the benefits of a well-constructed scope statement are all the following EXCEPT: *
1 point
When should the project baselines be changed? *
1 point
All the project managers should be good at delegation because this helps them concentrate on leadership activities and delegate routine activities. In this context, which, out of the following, can a project manager delegate to her subordinates? *
1 point
In your project, you want to determine which risks have the most potential impact on the project. So, you examine the extent to which the uncertainty of each project element affects the objective being examined when all other uncertain elements are held at their baseline values. This is an example of: *
1 point
The seller has filed a delay claim against the buyer, asking for a change order, saying that the buyer took longer than allowed in the contract to review and approve a deliverable. Who has the authority to sign the change? *
1 point
A schedule performance index (SPI) of 0.76 means: *
1 point
As a project manager, you would like to develop a procurement statement of work. This would require (select the best answer): *
1 point
A project is considered out of control and the previous project manager has quit. You are assigned as the new project manager and have been asked to verify the quality level of the project and to recommend corrective action. What do you do FIRST? *
1 point
You need to make a major change to the equipment used on your project. You know of a product that meets your needs, but you are worried because your brother owns the company that produces the product. What should you do? *
1 point
What is present value (PV)? *
1 point
You are running a project to engineer and implement a set of business processes and a software solution for Customer relationship management. The project involves a big number of performing organizations—a major corporation and many suppliers of different sizes. During the project you observed a restraining effect of differences between the companies' corporate cultures. This leads to different expectations on how such a project should be handled and to frequent misunderstandings between stakeholders. Another effect is a growing degree of distrust and skepticism. What should you try first to integrate the diverse stakeholder groups? *
1 point
Which of the following would be the MOST appropriate thing to do during the initiating process group? *
1 point
You are preparing the communications management plan for your project by using communication requirements analysis. All the following statements related to communication requirements analysis are accurate EXCEPT: *
1 point
As part of the records management system, you are trying to make sure that all records from the procurement are documented and indexed. Which of the following do you NOT have to worry about? *
1 point
A project performed under a cost reimbursable contract has finally entered the Close Procurements process. What MUST the buyer remember to do? *
1 point
A large project is underway when one of the team members reviews the project status report. He sees that the project is currently running late. As he looks at the report further, he notices that the delay will cause one of his activities to be scheduled during a time he will be out of the country and cannot work on the activity. This is of great concern because he is very committed to the project being successful and he does not want to be the cause of the project being further delayed. What is the BEST thing for him to do? *
1 point
Which is NOT a goal in both Project management and Quality management? *
1 point
A project manager has just finished the risk response plan for a US $387,000 engineering project. Which of the following should he probably do NEXT? *
1 point
What are the cost types in modern quality management? *
1 point
The customer was not satisfied with the finished product's quality. The cost of poor quality can also be referred to as: *
1 point
In your project, you wish to include certain significant events in the milestone list for the project based on historical information. Such milestones are: *
1 point
In your project, you are defining and documenting stakeholders' needs to meet the project objectives. You know that this is very important as the project's success is directly influenced by the care taken during this process. In this context, you should be very diligent when you: *
1 point
A project manager has just completed subjectively evaluating risks on the project. Which of the following is the MOST important output of this process? *
1 point
A Run chart is a useful tool to show… *
1 point
In your project, the process of monitoring the status of the project and product scope and managing changes to the scope baseline is referred to as: *
1 point
You are the project manager of a project team that includes several new recruits. You notice that most of the team members possess "I am right mentality" and put forth their own ideas for consideration. In this context, your team is in which of the following stages of group development? *
1 point
The process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project is done through: *
1 point
You have a project with the following activities: Activity A takes 40 hours and can start after the project starts. Activity B takes 25 hours and should happen after the project starts. Activity C must happen after activity A and takes 35 hours. Activity D must happen after activities B and C and takes 30 hours. Activity E must take place after activity C and takes 10 hours. Activity F takes place after activity E and takes 22 hours. Activities F and D are the last activities of the project. Which of the following is TRUE if activity B actually takes 37 hours? *
1 point
You have joined as a project manager in ABC Company. In your new role, which one of the following tasks should you accomplish FIRST? *
1 point
While constructing a new drug manufacturing plant, you discover a leak in a pipe which has released chemicals into the ground. It was difficult to acquire the necessary government approval and community support for the plant, and management has told you to be particularly careful to not upset the community. You are uncertain of whether the chemicals could leak into the groundwater or cause any damage. What should you do? *
1 point
You are a project manager with NASA and are involved in designing satellite systems. In this context, your new project can be authorized by all the following EXCEPT: *
1 point
All the following are values that the global project management community as most important EXCEPT: *
1 point
If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value for the project is: *
1 point
You are a project manager for a small construction project. Your project was budgeted for US $72,000 over a six week period. As of today, you've spent US $22,000 of your budget to complete work that you originally expected would cost US $24,000. According to your schedule, you should have spent US $30,000 by this point. Based on these circumstances, your project could be BEST described as: *
1 point
A project is facing a major change to its project deliverables. If the project manager is involved in determining which quality standards are relevant to the change, the project manager must be involved in: *
1 point
Over the project duration, which document (or collection of documents) must a project manager update? *
1 point
In your project, you want to bring key cross-functional stakeholders together to define product requirements. The well-facilitated sessions can build trust, foster relationships, and improve communication among the participants which can lead to increased stakeholder consensus. This is an example of: *
1 point
You are looking at a control chart to figure out if the way you are doing your project is fitting into your company's standards. Which process are you using? *
1 point
As a project manager, you would identify risks in which of the following processes? *
1 point
Which of the following is NOT a tool or technique of Risk Monitoring and Control? *
1 point
The Close Project or Phase process is different than the Close Procurements process in that: *
1 point
In your project, you use issue logs or action item logs to document and monitor resolution of issues. You focus on documentation and timely resolution of issues, because unresolved issues can: *
1 point
In your project, the WBS is already created, and you are asking your team members to create a list of tasks they should do in the project. This information should be contained in the: *
1 point
Being a diligent project manager, you understand the importance of identifying all project risks which can then be prioritized using Perform Qualitative and Quantitative Risk Analysis. In this context, which of the following tools and techniques can be used for Identify Risks process? *
1 point
At times, a contract can be terminated early (before contract completion). In this context, all the following could be reasons for contract termination EXCEPT: *
1 point
A project manager has just found out that a major subcontractor for her project is consistently late delivering work. The project team member responsible for this part of the project does not get along with the subcontractor. To resolve the problem the project manager says, "You both will have to give up something to solve this problem." What conflict resolution method is she using? *
1 point
You're working on a project, when the client demands that you take him out to lunch every week if you want to keep his business. What's the BEST thing to do? *
1 point
Your project involves creating a launch vehicle for NASA satellites. For successful project implementation, it is important to coordinate activities with other NASA operational groups and also divide your project into several phases to provide better management control. To facilitate this, you should (select the BEST answer): *
1 point
Your project no longer ties into the company's objectives. What would be the BEST thing to do? *
1 point
Which of the following BEST describes the "point of total assumption" for a contract? *
1 point
During execution of a project, you observe that the performance of some of your team members is dropping, while others are doing a consistently good job. What should you try first to bring the team as a whole back to performance? *
1 point
When the project manager completes the detailed project schedule, it would be MOST important to get it approved by the: *
1 point
In a fixed price (FP) contract, which of the following might NOT be an output of the Administer Procurements process? *
1 point
All of the following are the responsibility of a project manager EXCEPT: *
1 point
In your project, you are preparing procurement documents to seek proposals from prospective sellers. All the following statements about procurement documents are accurate EXCEPT: *
1 point
Management has promised you part of the incentive fee from the customer if you complete the project early. While finalizing a major deliverable, your team informs you that the deliverable meets the requirements in the contract, but will not provide the functionality the customer needs. If the deliverable is late, the project will not be completed early. What action should you take? *
1 point
You have recently taken over a project from another project manager, who left the company. You realize that the project is behind schedule and over budget, but the senior management is unaware of this fact. In this context, what should you do FIRST? *
1 point
During the completion of the project work, a project manager wants to ensure that the quality of the end product is acceptable. The BEST way to do this is by: *
1 point
During execution of your project you observed that a team member is being isolated by other team members. Which is a wrong approach to such a situation? *
1 point
You are the project manager of a sewage treatment plant. The government has mandated that you ensure that the neighborhood is not adversely impacted by your project plant. For your project, this directive is regarded as a/an: *
1 point
Which of the following BEST describes an opportunity on a project? *
1 point
As a project manager, you are responsible for meeting the project schedule deadlines. If there is some delay in the project schedule, you should (choose the most appropriate answer): *
1 point
According to Maslow's hierarchy of needs, economic security is a: *
1 point
When should Lessons learned be organized? *
1 point
Which of the following projects described below will you select? *
1 point
A project manager measures the project against the project management plan to determine if the project is in control. Which of the following could also be done during the monitoring and controlling process group? *
1 point
Which of the following is associated with the 80/20 rule? *
1 point
In the middle of the project, a seller tells you that he cannot get the resources to complete the project. Generally, what is the BEST thing to do? *
1 point
An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9, and a late finish (LF) of day 19. What is the duration of this activity? *
1 point
The sponsor is worried about the seller deriving extra profit on the cost plus fixed fee (CPFF) contract. Each month the sponsor requires the project manager to submit CPI calculations and an analysis of the cost to complete. The project manager explains to the sponsor that extra profits should NOT be a worry on this project because: *
1 point
You're managing a project, when you and the seller both agree that you need to have the seller add more resources to the project in order to finish on time. The number of resources is written into the contract. What's the BEST way to proceed? *
1 point
A project manager for a large manufacturing concern is working on a project that calls for a building to be constructed to house a new clean system manufacturing process that is critical to the success of the project. Construction is not a core competency of his company. His team has the ability to create a detailed procurement statement of work, with penalties if specific statements of work deliverables are not met. He is in the Plan Procurements process, evaluating which contract would work the best. Which of the following is the BEST type of contract for this situation? *
1 point
You've been hired by a large consulting firm to lead an accounting project. You determine the needs of the project and divide the work up into work packages so that you can show how all of it fits into categories. What are you creating? *
1 point
You're about to close your project, when you are surprised to get an email from someone you've never spoken to before. He is very angry, because he's directly impacted by your project, and there are specific things he needs from it and you aren't delivering those things. Which BEST describes the root cause of this problem? *
1 point
The purpose of a fishbone diagram is to: *
1 point
Five of the seven phases on the project contain work that is substantially similar. What MUST the project manager do? *
1 point
What do you expect when you are submitting an Invitation to Bid to sellers? *
1 point
A seller is giving you so much trouble that your time available allocated to the project has gone from 20 percent to over 80 percent for this small piece of the overall project. Most of the seller's deliverables are late and inadequate, and you have little confidence in his company's ability to complete the project. What should you do? *
1 point
You create a project charter that formally authorizes a project or a phase, and documents initial requirements that satisfy the stakeholder's needs and expectations. In this context, which of the following will not be included in the project charter? *
1 point
A project manager is assigned to a new, high priority project. There are only five available resources because other resources are already committed to projects. The time available to complete the project is less than half the time needed, and the project manager cannot convince management to change the end date. The project manager should: *
1 point
Which of the following is NOT a source of information about specific project constraints and assumptions? *
1 point
A project manager is analyzing deliverables and subdividing them into smaller, more manageable components. This project manager is performing WHICH process? *
1 point
You must start construction tomorrow to meet the deadline. What type of contract should you sign to start construction? *
1 point
A project manager analyzed a US $200,000 project that involves 30 team members and has three customers. Why is there a need for an analysis of secondary risks on this project? *
1 point
Since the buyer could not meet the requirements of the contract, you (the seller) want to terminate the contract early. This is done in: *
1 point
A cost performance index (CPI) of 0.89 means: *
1 point
A prime contractor in a customer project under CPFF contract has run into unexpected technical problems. Fixing them will require a lot of additional work to be done. The company made a decision to book more staff and equipment from their subcontractors in order to adhere to the agreed timeline. The customer agreed to this decision. What will most likely happen? *
1 point
Your project involves manufacturing high-precision engine subassemblies for the shipping industry. You have to perform several activities such as measuring, examining, and verifying to determine whether work and deliverables meet requirements and product acceptance criteria. You would have to do product reviews, audits, and walkthroughs. These activities are carried out in which process? *
1 point
A project manager is using weighted average duration estimates to perform schedule network analysis. Which type of mathematical analysis is being used? *
1 point
As a project manager, you have created a document that describes the procurement item in sufficient detail to provide a basis for the sellers to determine if they can provide the item. This document is referred to as: *
1 point
A project manager is starting work on a complex project. There will be people from two different countries involved. The project sponsor is from a third country, and the work is being done on an expedited schedule in your country with 14 electrical engineers, 4 architects and their staffs, 3 mechanical engineers, and 2 maintenance experts. What should the project manager do to make sure all the work in this project is identified? *
1 point
A project team is meeting to determine what the selection criteria will be for the project procurement. What procurement process are they in? *
1 point
You have been asked to select between three projects. Project A has a net present value of $54,750 and will take six months to complete. Project B has a net present value of $85,100 and will take two years to complete. Project C has a net present value of $15,000 and a benefit-cost ratio of 5:2. Which project should you choose? *
1 point
Which of the following statements related to precision and accuracy is correct? *
1 point
While performing Scope Control process, you ensure that all requested changes and recommended corrective actions are processed through the Perform Integrated Change Control process. In this context, if a change is requested, what should the project manager do FIRST? *
1 point
Submit
Clear form
This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy
Google Forms