PMP® Practice Quiz

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PMP® Practice Quiz - 12

You are managing an industrial architecture project. You've spent $26,410 so far to survey the site, draw up preliminary plans, and run engineering simulations. You are preparing to meet with your sponsor, when you discover that there a new local zoning law will cause you to have to spend an additional estimated $15,000 to revise your plans. You contact the sponsor and initiate a change request to update the cost performance baseline. What variable would you use to represent the $26,410 in an Earned Value calculation? *

1 point

BAC

A team member notifies the project manager after the fact that certain project deliverables have been attained without performing all the associated work packages in the WBS. What should the project manager do FIRST? *

1 point

Immediately communicate the changes to all team members and stakeholders and have team members' performance reviewed.

Review work packages and deliverables to determine impact, if any. Recommend changes to the project management plan.

Change the project performance measurement baselines and the WBS.

Change the reporting process to get information sooner, then review the communications management plan to see if it is still appropriate to the needs of the project.

What is the output of Direct and Manage Execution? *

1 point

Approved change requests.

Project management processes.

Deliverables.

Forecasts.

As a buyer, during Administer Procurements, you have recently conducted an audit of your seller to determine weaknesses in the seller's processes that need to be corrected. You want to document the results of the audit and the communications with the seller. This should be done using: *

1 point

Performance reports

Correspondence

Change requests

Procurement audits

You had conducted an independent estimate to find out the cost of sub-contracting the manufacturing of 1,000,000 ball-bearings for your automobile company. You estimated the cost to be $ 500 per bearing. However, when you asked for bids and proposals from prospective sellers, the minimum price quoted was $ 750 per bearing. The reasons for the variance in the estimate could be all the following EXCEPT: *

1 point

The procurement statement of work was not clear.

The prospective sellers misunderstood the procurement statement of work.

The procurement statement of work was not sufficient.

There have not been major changes in the cost of material and labor since last year.

In the Control Schedule process, changes to project schedule can result in change requests to: *

1 point

Schedule baseline.

Components of project plan.

Activity attributes.

Schedule baseline and/or components of project plan.

All of the following are parts of the Plan Quality process EXCEPT: *

1 point

Benchmarking.

Cost-benefit analysis.

Inspection.

Design of experiments.

For a new project manager, who has never managed a project before, it is BEST to rely on which of the following to improve chances of project success? *

1 point

Advice from outgoing project manager in the company.

Your project management training.

Historical information.

Intuition.

Which of the following BEST describes comparing actual dates with planned dates? *

1 point

Develop Schedule

Resource leveling

Variance analysis

Three-point estimating

You are managing a project to manufacture components for internal combustion engines used in the automobile industry. You notice that in the past couple of days; too many defects have been observed. You would like to find out whether the process is stable or unusual events are occurring in your manufacturing process and if so, their causes. For this purpose, you should use: *

1 point

Inspection.

Pareto charts.

Statistical sampling.

Control charts.

A retail chain has a long history of hiring contractors to design and build new stores for them as they expand around the world. An engineer within that organization has just been promoted to project manager. He is studying the science of project management and is getting confused with terms. You are asked to mentor him. He asks you, "Which should I expect to occur more frequently on an average project, Close Project or Close Procurements?" Which of the following is the BEST answer? *

1 point

Since all the work is always done under contract, we perform Close Project more often.

Since there are typically many contracts in one design/build project, Close Project occurs once and Close Procurements occurs more frequently.

Every time we close out a contract, we close out a project.

All projects are different and there is no real answer to this question

A project team member has just completed work on the microprocessor for the new human system performance monitor and is now finished with the project. The project manager should: *

1 point

Evaluate the project's resource requirements.

Provide input to the team member's performance appraisal.

Reevaluate the activity duration estimates.

Change the staffing management plan.

Which of the following is used for identifying people who are impacted by the project? *

1 point

Resource List.

Stakeholder Register.

Enterprise Environmental Factors.

Project Plan.

All of the following are results of adding to the risk register in the Plan Risk Responses process EXCEPT: *

1 point

You are in control of the project as it progresses with few surprises.

By managing the plan, you are able to avoid some risks while mitigating the effects of others.

The need for workarounds is minimized.

The need for contingency reserves is minimized.

A team member assigned to the project needs two days of training to satisfactorily complete certain activities. No one else with the necessary skills is available to the project team. What is the BEST thing to do? *

1 point

Add two days to the schedule and inform management of the delay.

Ask management for additional personnel because you cannot afford the extra schedule time.

Offer a bonus to the team member if he/she gets the training on his/her own time.

Include training in the project management plan.

Having to constantly push the team to perform is an example of a LACK of: *

1 point

Project continuity.

Team buy-in.

Management support.

Team accord.

All of the following are inputs to the quality process EXCEPT: *

1 point

Organizational process assets.

Checklists.

Quality policy.

The project scope statement.

In project management, Work authorization is normally NOT… *

1 point

…a permission written by the project manager to begin work on a specific activity.

…a permission written by the project manager to begin work on a specific work package.

…a written direction used by a project manager to ensure work is done properly and correctly.

…a document issued by a sponsor authorizing the project manager to apply resources to project activities.

The new project is exciting to both the project manager and the team. This is the project manager's first assignment as project manager. The team has the feeling that they will be able to complete work that has never been tried before. There are 29 people contributing to the product description and the team consists of nine highly experienced experts in their field. Part of the way through planning, three highly technical team members are disagreeing about the scope of two of the deliverables. One is pointing to the draft WBS and saying that two additional work packages should be added. Another is saying that a particular work package should not even be done. The third team member agrees with both of them. How should the project manager BEST deal with the conflict? *

1 point

He should listen to the differences of opinion, determine the best choice, and implement that choice.

He should postpone further discussions, meet with each individual, and determine the best approach.

He should listen to the differences of opinion, encourage logical discussions, and facilitate an agreement.

He should help the team focus on agreeable aspects of their opinions and build unity by using relaxation techniques and common focus team building.

Which of the following BEST describes the purpose of a traceability matrix? *

1 point

It describes how WBS Dictionary entries are traced to work packages, and how work packages are decomposed from deliverables.

It's used to make sure that all of the sub-plans of the Project Management Plan have been created.

It helps you understand the source of each requirement, and how that requirement was verified in a later deliverable.

It's used to trace the source of every change, so that you can keep track of them through the entire Control Scope process and verify that the change was properly implemented.

As a project manager, you are aware that quality has costs associated with it. Which of the following statements is NOT related to cost of quality? *

1 point

Cost of appraising the product or service for conformance to requirements.

Cost of rework.

Costs incurred by investment in preventing non-conformance to requirements.

Cost of evaluating alternative projects.

You work for a consulting company and your team has implemented an approved scope change on your project. You need to inform your client that the change has been made. What's the best form of communication to use for this? *

1 point

Formal verbal.

Formal written.

Informal written.

Informal verbal.

Validated defect repair is an output of which process? *

1 point

Integrated Change Control.

Plan Quality.

Perform Quality Control.

Perform Quality Assurance.

You're working on an IT project to set up a development environment, including designing and building a computer room, installing the operating systems and software, and performing a security evaluation. You need at least two weeks to order the hardware before you can configure it and install the operating systems. Which of the following BEST describes this relationship? *

1 point

Lead.

Lag.

Finish-to-start (FS).

Start-to-start (SS).

In your project, you are estimating schedule activity costs. You decide to use the bottom-up estimating technique. In this context, all the following statements are accurate EXCEPT that Bottom up Estimates: *

1 point

Determine the cost of individual scope requirements in the scope statement.

Provide detailed costs at lowest levels that are rolled up to higher levels for reporting and tracking purposes.

Is a method of estimating a component of work.

Provide cost and accuracy, which is typically influenced by the size and complexity of the individual schedule activity or work package.

In your project, you are creating a component-specific structured tool to verify that a set of required steps has been performed. This tool is called: *

1 point

Quality metric.

Quality checklist.

Work authorization system.

Verify scope.

The testing results for a new computer modulation project indicate a problem with the on-board computer's sensors. The project manager calls a meeting with the team to analyze the problem. The project manager is involved in: *

1 point

Quality Management.

Perform Quality Assurance.

Plan Quality.

Perform Quality Control.

You are a project manager in an IT consultancy firm, where you notice that data expands to fill the space available for storage. You have to constantly keep upgrading your data storage capacity and processor speed. This is an example of: *

1 point

McClelland's theory.

Parkinson's law.

Intel's law.

Law of diminishing returns.

A list of risks for additional study is an output of: *

1 point

Identify Risks.

Plan Risk Management.

Perform Qualitative Risk Analysis.

Perform Quantitative Risk Analysis.

Which of the following are tools and techniques of the Conduct Procurements process? *

1 point

Weighting system, method to rate and score proposals, expert judgment

Selected sellers, contract, project management plan updates

Procurement documents, create evaluation criteria, make-or-buy decisions

Contract change control system, inspections, records management system

Which of the following techniques incorporates a form of risk assessment? *

1 point

Arrow diagramming method

Network diagramming

Critical path method

Three-point estimating

In a make or buy analysis, you will prefer making the product/service in-house in all the following cases EXCEPT: *

1 point

The item under consideration is a capital item which can be used for other projects in the same organization (in other words, there is an ongoing need for the item).

Your organization is going through a slack period, and some resources, who can produce the product in-house, are underutilized.

The item under consideration is a proprietary or business critical product which is a part of the core business for the company.

The item under consideration is not part of your core business, but your company has the skills for developing the product in-house, if required.

The preparation of the scope baseline can BEST be described as involving: *

1 point

The functional managers.

The project team.

All the stakeholders.

The project expediter.

In planning your project, which would generally have the highest priority; quality, cost, or schedule? *

1 point

Cost is most important, quality next, and then schedule.

Quality is more important than cost or schedule.

Schedule is most important, quality next, and then cost.

It should be decided for each project.

While completing work, a project team member tells you that a work package has been forgotten in the WBS. What is the BEST thing to do? *

1 point

Wait for a change request to be processed.

Include it in the WBS.

Include it only in the network diagram.

Include it in the estimate, but not the activity list.

If a project manager is concerned with gathering, integrating, and disseminating the outputs of all project management processes, she should concentrate on creating a better: *

1 point

WBS.

Communications management plan.

Project management information system.

Project scope management plan.

A work breakdown structure is an input to all of the following processes EXCEPT: *

1 point

Define Activities.

Estimate Costs.

Perform Quality Assurance.

Plan Procurements.

As part of the risk management process, you have just created an overall risk ranking of the project and a list of prioritized identified risks which need additional analysis and determined trends in risk analysis results. What should you do next? *

1 point

Analyze the effect of identified risks on overall project objectives.

Create a list of identified risks.

Maintain a risk register.

Make a list of potential responses to the risks.

The project work has begun when the project manager notices how many times meetings and discussions are disrupted by power outages and the lack of a warm place to meet. She turns her attention to influencing the organization to improve the team's working conditions. She is following the concepts of which motivational theorist? *

1 point

Herzberg

McGregor

Theory Y

Maslow's hierarchy

A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: *

1 point

Management attention to scope management.

Management planning.

A project expediter position.

A change control system.

You are promoted to a new role in your company to replace someone who recently retired. To be an effective leader, which of the following should you do FIRST? *

1 point

Enroll in appropriate training programs.

Understand all the leadership theories.

Find out your strong and weak areas.

Take advice from the person who retired from the company.

Which of the following is not a Project Management Knowledge Area? *

1 point

Project Integration Management.

Project Procurement Management.

Project Configuration Management.

Project Communications Management.

An activity needs more time because an identified risk has occurred. The project manager determines that there is enough reserve to accommodate the change. Who needs to approve the change? *

1 point

Management

Project manager

Team member

Functional manager

A project is over budget to date. Which of the following is NOT a reason this could have occurred? *

1 point

More work than planned was accomplished.

There was a cost increase from the supplier.

Work was delayed.

Work was done inefficiently.

Rekha is a project manager on a large construction project. Late in the project, her client demands a big change. She assesses the impact of the change and tells the client how much time and money it will cost. But the client says that he doesn't have the time or budget to allow the change. What's the BEST way for Rekha to handle this situation? *

1 point

Have her senior managers meet with the client to explain the situation.

Hold a meeting with the client to figure out why he's asking for the change.

Do nothing; she's the project manager, so she sets the rules.

Have the client find more money for the budget.

What is the purpose of a decision tree? *

1 point

It demonstrates the path of events in a project.

It calculates the probability of an outcome.

It determines what events may take place.

It takes into account future events for today's choices.

A project manager needs to determine the resources needed for the project. Select the primary process from the following choices. *

1 point

Estimate Activity Resources

Develop Schedule

Expert advice from functional managers

Develop Human Resource Plan

Your company has been awarded an engineering, procurement and construction (EPC) contract to build a combined-cycle gas turbine (CCGT) plant. You have been assigned to manage this project, but your expertise as a project manager is in the field of information technology. In this context, what should you do? *

1 point

Explain to your senior management about your knowledge and experience.

Ask for adequate training in your new area of operation.

Accept the responsibility and put in your best efforts.

Reject the assignment stating that it is beyond your capabilities and experience.

Tom is a project manager for a software company. He is contracting a long-term software project with an external company. That company charges him $20/hour per employee and $300 overhead per month. What kind of contract is he using? *

1 point

FP.

CPAF.

CR.

T&M.

You are using a control chart to analyze defects, when something on the chart causes you to realize that you have a serious quality problem. What is the MOST likely reason for this? *

1 point

The rule of seven.

Upper control limits.

Lower control limits.

Plan-Do-Check-Act.

You are involved in manufacturing ball bearings using lathe machines. The ball bearings should have a diameter of 5.0 cms - allowable control limits are 4.95 cms to 5.05 cms. Measurements made after the end of the process for the bearings produced are: 4.96, 4.98, 5.01, 5.03, 5.02, 5.01,5.03,5.04, 5.02, 4.96, 4.98, 5.00. What is your conclusion about the process? *

1 point

Process is out of control and needs to be investigated.

Process is in control and adjustments are not required.

The tool needs to be changed or re-calibrated.

Process should be further measured using a run chart.

A project manager has made a change to the project. What should she do NEXT? *

1 point

Assign resources.

Revise the project management plan and/or project documents.

Evaluate impact.

Request change control board involvement.

In your contract, you can make pre-defined final adjustments to the contract price due to changed conditions like inflation, foreign exchange value fluctuations, and input cost variations. This provision is built into which of the following types of contracts? *

1 point

Cost Reimbursable contracts with escalation clauses.

Fixed Price with Economic Price Adjustment contracts.

Fixed Price Incentive Fee contracts.

Cost Plus Award Fee contracts.

A project manager spent some days to create a multi-page document which he called Project charter. The document should have been issued by the project sponsor. The sponsor found the document outsized and asked for a condensed document. Which of the following is not normally an element of the Project charter? *

1 point

The authority level of the project manager.

Detailed control account and work package descriptions.

The business need that the project was undertaken to address.

High-level risks.

Which of the following would be the MOST appropriate thing to do during the executing process group? *

1 point

Focus on checking team member productivity.

Manage communication channels.

Manage configuration.

Evaluate the effectiveness of implemented corrective actions.

You have just joined the project management office after five years of working on projects. One of the things you want to introduce to your company is the need to create and utilize WBSs. Some of the project managers are angry that you are asking them to do extra work. Which of the following would be the BEST thing you could tell the project managers to convince them to use WBSs? *

1 point

Tell them it will prevent work from slipping through the cracks.

Tell them that it is not needed.

Tell them it is required only if the project involves contracts.

Tell them it is the only way to identify risks.

A customer requires from you a minor scope change and expects you to do this without delays and additional costs. You believe that you have adequate authorization to make the decision by yourself, but you are not quite sure. What should be your next steps? *

1 point

A requested change is always an opportunity to get more money paid by the customer and to secretly solve schedule and quality problems. You should make some reasonable estimates on time, costs, risks etc. and then add a nice margin on top of that to calculate the new price.

Customer satisfaction is your top priority. The customer gives you an opportunity to increase their satisfaction, which you should use to the maximum benefit. Most project managers have contingencies to cover risks; these can be used to pay the additional costs.

Before making a decision you should have a look at the customer's parking lot. If you find there many expensive, new models, it is likely that you can use the requested change to increase the profit from the contract. Otherwise you should reject the request.

Handle the request according to the integrated change control processes described in your management plans. Then make a decision together with the appropriate change control body, whether the increased customer satisfaction will be worth the extra costs, work, risks etc.

During Plan Quality process, you are going to use Design of Experiments (DOE) to determine which factors might influence specific variables. Which variable can be used in your analysis? *

1 point

Dollars.

Pounds.

Weight.

Meters.

When should the Verify Scope process be done? *

1 point

At the end of the project

At the beginning of the project

At the end of each phase of the project

During the planning processes

To a project manager, which of the following is the BIGGEST disadvantage of progress reports as compared to watching what is going on in a project, asking questions, and assisting team members? *

1 point

Progress reports include information from all the team.

Progress reports require expending time gathering information from stakeholders.

Progress reports generally show problems after they have occurred.

Progress reports supply information about trends.

You are a project manager on a software project. There are several changes that need to be made, and you need to decide how to apply project resources in order to implement them. What do you do? *

1 point

Decide the priority of the changes and announce them to the team.

You should call a team meeting and invite the stakeholders, so that everyone can reach a consensus on the priority.

Deny the changes because they will delay the project.

Consult the Change Prioritization Plan for guidance on prioritizing new changes.

"Do the work because I have been put in charge!" is an example of what type of power? *

1 point

Formal

Penalty

Effective

Expert

You are running a major project with four sub-projects. Each of the sub-project managers has developed a risk management plan, identified many risks, analyzed them and planned for risk response. It is now two months later. What should you not do? *

1 point

Ensure that they handle all risks to save you from project level risk monitoring and control.

Make sure that the sub project managers monitor their project work for new and changing risks.

Make sure that the sub project managers keep track of the identified risks and those on the watch list.

Make sure that the sub-project managers monitor trigger conditions for contingency plans.

You are the project manager on a construction project. As you're planning out the work your team will do, you divide up all of the work into work packages and create a WBS that shows how they fit into categories. For each one of the work packages, you write down details such as initial estimates and information about what account it should be billed against. Where do you store all of that information? *

1 point

Scope Management Plan.

WBS.

WBS Dictionary.

Project Scope Statement.

All of the following occur during the planning process group EXCEPT: *

1 point

Develop Project Charter.

Create WBS.

Estimate Costs.

Sequence Activities.

Your project files need to be sent via overnight mail to your company's central office. If the files do not arrive tomorrow, your company will not be able to deliver the project on time and you will lose an important client. The deadline cannot be negotiated. The team worked right up to the last minute in order to give you the files. Due to a traffic jam, you are running late and the overnight delivery company will close in five minutes. You can only make it if you drive over the speed limit. Which of the following is correct? *

1 point

You must drive over the speed limit so that you can save the client relationship.

You must stay within the speed limit, even if you lose the client.

You must negotiate a new deadline.

You can use the earned value metrics to show that the SPI is over 1, meaning the project is not late.

You are a seller with unclear directions and scope documentation. Time and cost are important considerations, and the buyer wants to be in full control. What is the BEST contract to use? *

1 point

Fixed price (FP)

Time and material (T&M)

Purchase order (PO)

Cost reimbursable (CR)

Impact assessment is part of which risk management process? *

1 point

Identify Risks

Perform Qualitative Risk Analysis

Plan Risk Responses

Monitor and Control Risks

Which of the following BEST describes a risk response owner? *

1 point

The person who identified a risk

The department or company that is the source of the risk and most knowledgeable on the risk

The department or company that will be most affected by the risk

The person who will be responsible for implementing the risk response strategy

From the seller's perspective, what is the status of a project when the project team has completed all the work specified in the procurement statement of work and the final deliverable has been sent to the customer? *

1 point

The project is completed.

The project is in the closing process group.

The project is at the end of the project executing process group.

The project is in the Verify Scope process.

Rearranging resources so that a constant number of resources is used each month is called: *

1 point

Crashing.

Floating.

Leveling.

Fast tracking.

Two team members are currently documenting and verifying the product, while two other team members are updating records, performing an audit, and archiving lessons learned. What activity are the team members engaged in? *

1 point

Administer Procurements

Close Procurements

Close Project or Phase

Conduct Procurements

In your project, identifying and documenting relationships among the project activities is done as part of: *

1 point

Define Activities.

Estimate Activity Durations.

Sequence Activities.

Develop Schedule.

The project is at an initial stage where the project team members are beginning to get acquainted with each other. A few conflicts occur among different project stakeholders. To ensure the success of the project, the project manager should do all the following EXCEPT(select the best answer): *

1 point

Coordinate activities among all project team members.

Coordinate activities between project sponsor and external stakeholders.

Coordinate activities among all internal project stakeholders.

Coordinate activities among external interfaces and competitors.

In your project, you create a document to record the code of account identifier, description of work, responsible organization, and a list of schedule milestones. This document can be referred to as: *

1 point

WBS.

WBS Dictionary.

PERT/CPM Charts.

Roles and Responsibilities Matrix.

You have received the news that your shipment of supplies will be delayed by two weeks due to bad weather. What will be your FIRST step? *

1 point

Fast track the project to ensure that the project schedule is not delayed.

Determine how much float is available in that task.

Try to get additional supplies from an alternate location as soon as possible.

Take corrective action to minimize the impact of delay.

Kelly, a new project manager in your organization, is ready to enter into a contract with a buyer for supply of ball bearings, but is unsure of the type of contract she should select. Which type of contract represents the highest risk to the seller? *

1 point

Cost reimbursable plus incentive.

Fixed- price.

Fixed price plus incentive.

Cost- reimbursable.

A team member is not performing well on the project because she is inexperienced in system development work. There is no one else available who is better qualified to do the work. What is the BEST solution for the project manager? *

1 point

Consult with the functional manager to determine project completion incentives for the team member.

Obtain a new resource more skilled in development work.

Arrange for the team member to get training.

Allocate some of the project schedule reserve.

As the project manager, you are preparing your methods for quality management. You are looking for a method that can demonstrate the relationship between events and their resulting effects. You want to use a method to depict the events that cause a negative effect on quality. Which of the following is the BEST choice for accomplishing your objective? *

1 point

Histogram

Pareto chart

Ishikawa diagram

Control chart

Which of the following is not a stakeholder? *

1 point

The project manager who is responsible for building the project.

A project team member who will work on the project.

A customer who will use the final product.

A competitor whose company will lose business because of the product.

A description of how a project management team should implement the overall intention and direction of an organization with regard to quality (as articulated by top management) is available in: *

1 point

Operational definitions.

Quality management plan.

Checklists.

Quality policy.

Which is an appropriate order in most project situations for the development of scope-related documents? *

1 point

1. Project SOW (Statement of work), 2. Project charter, 3. Project scope management plan, 4. Project scope statement, 5. WBS (Work breakdown structure) and WBS dictionary.

1. Work breakdown structure, 2. Scope statement, 3. Project charter, 4. CSOW (Contractual statement of work), 5. Contractual Work breakdown structure.

1. Feasibility study 2. Contract, 3. CWBS (Contractual work breakdown structure), 4. Scope of work descriptions, 5. PID (Project initiation document).

1. BOM (Bill of materials), 2. CAP (Control account plan), 3. Project charter4. Change management plan,5. Scope baseline.

In your company, the project manager shares responsibility with the functional manager to assign priorities and directs the team members of the project. In this case, it is NOT the responsibility of the project manager to: *

1 point

Plan resources.

Manage cost and budget.

Carry out performance appraisal of project team.

Define tasks.

All of the following are outputs of the Create WBS process EXCEPT: *

1 point

Scope baseline.

Change requests.

WBS dictionary.

Updates to the requirements documentation.

You are the project manager in an engineering project and have recently signed a contract with a software vendor for the development of a complicated control solution. The software will be used to control machinery equipment which your project team is currently developing. The contract is a lump-sum contract. The contractor has target cost estimated which seem rather low to you. Which of the following statements is not true for this situation? *

1 point

It is the contractor's risk in this type of contract that their profit may vanish if costs have been underestimated.

This form of contract should only be chosen when all the requirements for the building of the product are well-known by all parties involved.

In a fixed-price contract, change requests can cause issues regarding additional time and extra costs for the changes to be applied.

It is likely that your organization may have to assume any unexpected additional costs for the software development.

During Human resource planning you identified that your team members are not sufficiently qualified for their tasks. Which may be an appropriate solution to this problem? *

1 point

Reduce level of effort.

Develop a training plan.

Plan quality audits.

Plan quality inspections.

Which of the following is NOT a tool of the Scope Definition process? *

1 point

Stakeholder Analysis.

Constrained Optimization.

Alternatives Identification.

Product Analysis.

Pareto charts help the project manager: *

1 point

Focus on the most critical issues to improve quality.

Focus on stimulating thinking.

Explore a desired future outcome.

Determine if a process is out of control.

What is LEAST important when it comes to archiving project records? *

1 point

A well-designed records management system.

Integration of the archive with business software.

Updated records reflecting final results.

Easy availability of information for future use.

While identifying risks for a new construction project, you discover that a chemical you are using on your building cannot be applied in rainy conditions. You also learn that your project will be ready for the chemical application around the time when most of the rainfall happens in this part of the country. Since the project can't be delayed until after the rainy season and you need to make sure the building gets the chemical coating, you decide that your team will just have to work around the rain. This is an example of which strategy? *

1 point

Mitigate.

Exploit.

Accept.

Transfer.

During the Plan Risk Management process of a major project, the project manager is informed that her key subject matter experts are currently spread around the globe. All experts are available via e-mail and planning must not be delayed. What is the BEST method for gathering information? *

1 point

Brainstorming

Delphi technique

Assumption analysis

Cause and effect diagramming

Which of the following would be the MOST appropriate thing to do during the closing process group? *

1 point

Hold inspections of work packages.

Perform procurement audits.

Obtain formal acceptance of the project scope from the customer.

Do project performance appraisals.

A new project management software tool has come onto the market. You spend the weekend taking an online tutorial to learn about it. This is an example of: *

1 point

Lessons learned.

Not paying for copyrighted software.

Contributing to the project management body of knowledge.

Enhancing personal professional competence.

The goal of Verify Scope is: *

1 point

To inspect the scope statement for defects so that it is correct.

To gain formal acceptance of the project deliverables from the sponsor and stakeholders.

To get everyone in the project working together towards a common goal.

To verify that all PMBOK® Guide processes are complied with.

A company and its seller are in the middle of a long dispute over the costs of terminating the contract. The project manager determines that the only way to resolve the problem is to have it heard and resolved by a neutral party. To accomplish this, the project manager should use a(n): *

1 point

Functional resource manager.

Conflict solution expert.

Arbitrator.

Lawyer.

Based on historical data, the amount of overtime associated with the design effort of a project is estimated at 100 hours with 0.4 probability, 200 hours with 0.4 probability, and 300 hours with 0.2 probability. What is the expected monetary value of the amount of overtime? *

1 point

100 hours

160 hours

180 hours

260 hours

A company attorney, newly hired by the company, walks into the project manager's office and tells her that he is ready to work with her on the procurement process. The project manager has little experience with procurement, so she is excited to have the assistance. With which of the following would it be BEST for the project manager to ask the attorney for help? *

1 point

Claims administration, audit results, and updating organizational process assets

Contract change control system, payments, and change requests

Recommended corrective actions, performance reporting, and records management system

Procurement documentation, project management plan updates, and procurement management plan updates

A project manager has just been notified of a cost increase by a seller. He looks at the contract and determines that the seller has the right to pass along this cost increase. The project manager should FIRST determine if: *

1 point

There is a reserve to handle the change.

Another seller can provide it at the original cost.

Another activity can save money.

The activity is on the critical path.

Your company has previously run other projects similar to the one you're currently managing. What is the BEST way to use that information? *

1 point

Check the organizational process assets for lessons learned and other information about the past projects.

Use parametric estimation to estimate your project based on past projects' performance.

Start from scratch because you don't want mistakes from past projects to influence you.

Reuse the project management plan from a past project.

You are the project manager for a project, which is being managed under a contract. You receive a change request from the buyer involving a government regulation. What should you do FIRST? *

1 point

Talk with team members to understand implications of the change.

Communicate the change to the management to get their inputs.

Open up a change control.

Implement the change and communicate to the customer.

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