PMP Mock Test 3
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Question 1 of 200
1. Question
As a part of the Monitoring and Controlling process group, you and your project team have listed and are assessing the corrective actions in the issue register. What is the NEXT step that you will perform?
Correct
Determine steps for unresolved issues by using appropriate tools in order to minimize the impact on project cost, schedule and resources. Even if you have listed the corrective actions, the next task is to get them implemented and initiate the resolution of the unresolved issues.
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Question 2 of 200
2. Question
You are a project manager managing a large team at diversified locations. There are many groups within a project like architects, human resources, legal, quality engineers, etc. with their own hierarchy and reporting structure. In order to ensure that each team member has clarity on their own and other members reporting structure, you decide to capture all of this information graphically. Which of the following documents will you be using for this purpose?.
Correct
Project Organization Chart. A project organization chart is part of the human resource plan and displays project team members and their reporting structure. Depending on the project requirements, team size and their reporting hierarchy, this chart could be highly detailed or broadly framed. Please refer PMBOK 5th edition PN 261.
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Question 3 of 200
3. Question
John has been assigned a project recently and he is in the process of documenting the project charter with the project sponsor. He needs your help in deciding which of the following MUST be included in the Project Charter?
Correct
Project purpose or justification. As per PMBOK, Project description must be included in the project charter. Options C and D, Budget estimates and Risk Analysis may be included in some project charters, as per the requirement.
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Question 4 of 200
4. Question
Which of the following is a tool for the quality assurance process?
Correct
Quality Audits. For more in information refer to PMBOK 5th Edition Project Quality Management PN 227.)L2) Quality Audits. For more in information refer to PMBOK 5th Edition Project Quality Management PN 227.
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Question 5 of 200
5. Question
As a project manager, you are ensuring that project cost control is done on your project. All of the following are mostly true about project cost control except:
Correct
The cost base line is updated all of the time. Correct Answer is ‘A’. As per the PMBOK, the cost baseline should not be updated frequently. The cost baseline updates should be done only based on the approved changes. Since the question says all the time, this option is not right.
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Question 6 of 200
6. Question
An example of scope verification is:
Correct
reviewing the performance of an installed software module. The correct answer is A. Scope verification is the process of formalizing acceptance of the completed project deliverables. It is a process of reviewing deliverables with the customer or sponsor to ensure that they are completed satisfactorily and obtaining formal acceptance of deliverables by the customer or sponsor. For more information, refer to PMBOK 5th edition. Page No. 123.
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Question 7 of 200
7. Question
As per the diagram, what’s the Critical Path?
Correct
ABCDE. Correct Answer is ‘A’. There are 3 paths in this network diagram and their respective durations are as follows: ABCDE – 25, FGH – 16, FXH – 17. Since path ABCDE is the longest path with zero float for all of the activities, it represents the critical path.
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Question 8 of 200
8. Question
As per the diagram, what is the earliest date Task H can finish?
Correct
17.Correct Answer is A. Task H has 2 predecessors, viz. Task G and Task X. Task G (EF) – 11; Task X (EF) – 12. Task H will take the larger of the 2 predecessors, hence Task H (ES) – 12. Adding the duration to it, Task H (ES) + 5 = 12+5=17.
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Question 9 of 200
9. Question
You are the project manager of a large system integration project and you are looking for a subcontractor to do certain parts of the work. Your boss comes up with a recommendation for a vendor who has worked on many successful projects with your company. What should be your primary concern in such a scenario?
Correct
Does working with this vendor violate any of the company laws? Whenever you have to subcontract any work to any vendor and you get a recommendation, the first thing you should do is to ensure that no applicable company or government rules are violated. Violating such rules is unethical and a certified project manager is never expected to violate any rules.
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Question 10 of 200
10. Question
You have been hired by a contractor who wants you to manage a construction project for one of their clients. The project team has been working for six weeks. You need to determine whether the team is ahead of or behind schedule. Which of the following tools and techniques is the BEST one for you to use?
Correct
Performance measurement is what you’re doing when you look at the work that the team is performing in order to determine whether the project is ahead of or behind schedule.
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Question 11 of 200
11. Question
Your project is coming to an end, and you are in the process of listing the activities that must be performed to close out the project. Which of the following should be performed during the closing processes?
Correct
As part of the closing process, you need to issue a formal notice of project completion to sellers
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Question 12 of 200
12. Question
You are working on a project to build a hybrid car which would run on both diesel fuel, as well as electricity. This car would have a 1000 cc engine and work on a regenerative braking system. It should be able to seat four passengers including a driver and comply with Euro 4 emission norms. This information should be captured in which of the following documents?
Correct
Product Scope . If you got confused with project scope, remember that the above statements describe the features, functions, and requirements which are part of defining product scope. To differentiate project scope from product scope read through the definition of each. Product scope: the features and functions that characterize a product, service, or result. Project scope: the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions. The product scope describes the thing or service that will exist as a result of your project. The project scope, on the other hand, describes all of the work to create the product scope. It includes all of the work, and only the required work, to complete the project deliverable. Note: completion of project scope is measured against the project management plan , project scope statement and its associated Work Breakdown Structure (WBS ) , WBS dictionary, and scope baseline. Completion of product scope is measured against product features or requirements.
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Question 13 of 200
13. Question
What does PRINCE stand for?
Correct
Projects in Controlled Environment. It’s another popular Project management methodology.
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Question 14 of 200
14. Question
Your firm awarded a cost reimbursable contract to a pharmaceutical company for some research related activity. Over time, a large number of changes have taken place on the project and it is difficult to keep track of the status of these change requests. What is the BEST alternative for a project manager in this case?
Correct
Terminate the existing contract and negotiate a new one with the seller. There are strong reasons for the project manager to terminate the existing contract and re-negotiate the terms and conditions. As the earlier contract was cost reimbursable, the project manager had limited information on the contract scope of work. It may not be true now since some work has been done and project manager would be in a better position to negotiate. Also since there are too many change requests with no clarity on how many of them would be approved, it is difficult for project manager to continue work. The best option for project manager in this case is option (a).
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Question 15 of 200
15. Question
A project manager and his team have finished creating the Work Breakdown Structure (WBS) and Work Breakdown Structure dictionary. Afterwards, he prepares a detailed and itemized documentation of all of the schedule activities that are part of the project. What should he do NEXT ?
Correct
Create Network Diagram for the project. The project manager has created a WBS, a WBS dictionary, and an activity list in the planning stage. The next step would be to create a network diagram for the project. Quality standards and metrics can be identified once project schedule and budget are determined. Option (c) is done as part of project initiation and is completed much earlier. Option (d) is done in the executing stage of the project
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Question 16 of 200
16. Question
Which of the following is NOT a likely outcome of trying to fast track a project?
Correct
Fast tracking (getting more tasks to go in parallel) will likely increase risk, rework in order to reduce the time taken
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Question 17 of 200
17. Question
All of the statements about the Arrow Diagramming Method (ADM) or Activity-on-Arrow (AOA) are true EXCEPT
Correct
The nodes are used to represent activity and arrows show activity dependency. In the arrow diagramming method (ADM), the arrows are used to represent activities. The nodes represent activity dependency
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Question 18 of 200
18. Question
Understanding the culture, policies, and procedures of the organization in which the project is being performed is MOST challenging in :
Correct
Understanding the culture, policies, and procedures of the organization in which the project is being performed is especially challenging in global organizations. Culture, policies, and procedures in the performing office may be different from those of the office from which the project is managed, and may also vary between international offices of the same organization. This will influence how the project is managed.
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Question 19 of 200
19. Question
Company procedures require the creation of a lessons learned document. Which of the following is the BEST use of lessons learned?
Correct
Notice that this question asks about the use of a tool of project management. Many people can learn from a book what a lessons learned document is, but questions like this can more readily be answered if you actually use the tool and know from experience its value. Ask yourself about the other tools of project management. Why are they beneficial? The BEST use of lessons learned is as historical records for future projects. There are other tools that are better for accomplishing the things listed in the other choices.
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Question 20 of 200
20. Question
Which of the following is a characteristic of project management process?
Correct
As the project life cycle progresses, more information becomes available, allowing the team to manage the project to a more detailed level.
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Question 21 of 200
21. Question
The engineering department has uncovered a problem with the cost accounting system and has asked the systems department to analyze what is wrong and fix the problem. You are a project manager working with cost accounting programs on another project. Management has issued a change request to the change control board to add the new work to your project.Your existing project has a cost performance index(CPI) of 1.2 and a schedule performance index (SPI) of 1.3, so you have some room to add work without delaying your existing project or going over budget. However, you cannot see how the new work fits within the project charter for your existing project. After some analysis, you determine that the new work and existing work do not overlap and can be done concurrently. They also require different skill sets. Which of the following is the best thing to do?
Correct
How long did it take you to read this question? Expect long-winded questions on the exam. Take another look at the choices before you continue reading. Did you notice that each of the choices occurs during a different part of the project management process? This question is essentially asking if the new work should be added to the existing project. There may be many business reasons to try to do this, but from a project management perspective, major additions to the project are generally discouraged. In this case, the new work is a self-contained unit of work, has no overlap with the existing work, does not fit within the project charter, and needs a different skill set. Therefore, it is best to make it a new project. The first step to answering this question is to realize that the work should be a separate project. The second step is to look at the choices and see which relates to initiating a new project. Reestimating the project sounds like the best choice only if you did not realize that the new work should be a separate project. Validating scope is done during project monitoring and controlling, and does not relate to the decision of whether to add work to the project. Identifying scope changes also implies that the new work has been accepted as an addition to the existing project. Developing a project charter is among the first steps of initiating a new project, and the best choice in this situation.
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Question 22 of 200
22. Question
A new project manager is being mentored by a more experienced PMP certified project manager. The new project manager is having difficulty finding enough time to manage the project because the project scope is being progressively elaborated. The PMP-certified project manager advises that the basic tools for project management, such as work breakdown structure, can be used during project executing to assist the project manager. For which of the following can a work breakdown structure be used?
Correct
A WBS does not show dates or responsibility assignments. The business need is described in the project charter. In this situation, the project scope is being fine-tuned. It would save the project manager time in effectively managing progressive elaboration if the WBS was used as a communications tool. Using the WBS helps ensure everyone (including the customer) understands the scope of the work.
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Question 23 of 200
23. Question
Which of the following is correct?
Correct
This question tests your knowledge about a number of topics. There can often be more than one critical path, but you might adjust the plan in order to decrease risk and have only one critical path. The network diagram may or may not change when the end date changes, depending on the amount of schedule reserve and the reason for the change to the schedule. You can have negative float if you are behind schedule. The critical path helps prove how long the project will take. This is the only correct statement of the choices given.
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Question 24 of 200
24. Question
Project performance appraisals are different from team performance assessments in that project performance appraisals focus on:
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Questions like this can drive people crazy on the exam because it is easy to get confused. The best thing to do is to look at the two terms used here (project performance appraisals and team performance assessments) and review in your mind what each means BEFORE looking at the choices. Team performance assessments evaluate the project team’s effectiveness as a whole. Project performance appraisals deal with how each team member is performing on the project.
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Question 25 of 200
25. Question
Which of the following aspects of leadership is most important for a project manager?
Correct
As project managers can spend 90 percent of their time communicating, the correct choice must be communication.
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Question 26 of 200
26. Question
Risk tolerances are determined in order to help:
Correct
If you know the tolerances of the stakeholders, you can determine how they might react to different situations and risk events. You use this information to help assign levels of risk on each work package or activity.
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Question 27 of 200
27. Question
During project executing a major problem occurs that was not included in the risk register. What should you do FIRST?
Correct
Following the right process is part of professional and social responsibility. Because an unidentified problem or risk occurred, it is important to reevaluate the Identify Risks process as well as to look for unexpected effects of the problem. However, they are not your first choices. You might need to inform management, but this is reactive, not proactive, and not the first thing you should do. Since this is a problem that has occurred, rather than a problem that has just been identified, the first thing you must do is address the risk by creating a workaround.
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Question 28 of 200
28. Question
While staffing a project in another country, the project leader from that country comes to you with a suggested team consisting of members of the project leader’s family. Your FIRST course of action should be to:
Correct
Ask yourself, what is the root problem? Your first action would be to find out whether working with family members is a common practice in that country, as there is nothing inherently illegal in this activity. Then, you would review qualifications. You may find it is not necessary to ask the project leader to provide additional names, or to consider using a different project leader.
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Question 29 of 200
29. Question
Your company wants to open a plant in a country where the law stipulates that women can earn only 50 percent of what men earn. Under these circumstances, What should you recommend to your company?
Correct
Working under these rules would be a clear violation of the fundamental right to nondiscriminating treatment. You should recommend that your company not open the plant in that location.
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Question 30 of 200
30. Question
You are having lunch with one of your colleagues. He tells you in confidence that he lied about having a PMP certification, and never actually passed the exam. What is the BEST way to handle this situation?
Correct
Report the person to PMI
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Question 31 of 200
31. Question
Which of the following should be completed prior to developing project management plan?
Correct
Preliminary project scope statement
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Question 32 of 200
32. Question
Perform qualitative risk analysis requires accurate data as its input. Risk DataQuality Assessment is a technique to evaluate the degree to which thedata regarding risks would be useful. What is the best course of actionif the Risk Data Quality Assessment for most of the identified risks arelow?
Correct
Attempt to gather more accurate data
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Question 33 of 200
33. Question
Assumptions analysis, checklist analysis, and risk diagramming techniques are tools/ techniques ofwhich of the following processes?
Correct
Identify risks
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Question 34 of 200
34. Question
Which of the following statements are FALSE regarding weighting and screening systems?
Correct
. Weighting systems and screening systems are tool/ techniques for Administer Procurements process
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Question 35 of 200
35. Question
Which of the following depicts a hierarchical tabulation of ysical assemblies, subassemblies and components required to manufacture a product?
Correct
BOM
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Question 36 of 200
36. Question
There have been too many disagreements within two team-members in your project regarding the design of a particular product. You would like to incorporate the best features of the two designs – and want to create an environment which avoids conflicts and emphasis similarities. The conflict handling mode you would like to emphasize is:
Correct
Smoothing
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Question 37 of 200
37. Question
There are three projects: Project A has a payback period of 3 years and NPV of $ 300,000 Project B has a payback period of 2 years and NPV of $ 200,000 Project C has a payback period of 1 years and NPV of $ 100,000 Which project should be selected if Net Present Value criteria is used for selection?
Correct
Project A
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Question 38 of 200
38. Question
Which of the following are Information Gathering Techniques required for Risk Identification?
Correct
Brainstorming, Delphi Technique, SWOT Analysis
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Question 39 of 200
39. Question
If there is a change to the approved cost baseline, the project manager must:
Correct
Issue a Budget Update
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Question 40 of 200
40. Question
Your project schedule has slipped by 2 weeks and you have to take corrective action to bring the expected future schedule erformance in line with the project plan. To identify the cause of the variation, corrective action will require:
Correct
Root cause Analysis
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Question 41 of 200
41. Question
Plan Communications is used for determining the information and communications needs of the stakeholders: who needs what information, when they will need it, and how it will be given. Which of the following is an output from Plan Communications?
Correct
Communication Management Plan
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Question 42 of 200
42. Question
. Project A had an initial investment of $ 3 million, out of which $ 1.5 million has already been spent. Another competing project, Project B will require $ 1.6 million now for completion and will meet the same objectives as project A. Which project should you select?
Correct
Project A
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Question 43 of 200
43. Question
. You recently joined as a project manager for an existing project which is being implemented (the previous project manager had to take 2 months personal time-off). You are happy that the project is unde r budget and ahead of schedule. You also notice that some features have been included which are not explicitly mentioned in the project scope. While discussing with team-members, you were informed that they thought the addedfeatures would be appreciated by the customer and were hence included as part of the project. In this situation, you are:
Correct
concerned because the project team is gold-plating
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Question 44 of 200
44. Question
If you would like to find out who will be approving changes in your project, you can refer to the:
Correct
Integrated Change Control system
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Question 45 of 200
45. Question
Immediate corrective or preventive action as a result of quality control measurements is also referred to as:
Correct
Process Adjustments
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Question 46 of 200
46. Question
A project manager is responding to a business proposal in an overseas company . Which of the following should he refer to as a guide to understand the business practice(s) that are allowed and discouraged?
Correct
His Organization policies and procedures. Organization policies and procedures should guide and help a project manager regarding decisions he makes in a foreign country. PMI’s PMBOK is a valuable reference, but it is more generic, so option (b
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Question 47 of 200
47. Question
As a Project Manager of a large project with hundreds of stakeholders, which of the following is the BEST course of action?.
Correct
Incorporate needs of all stakeholders. During Initiation process group, the project manager is required to identify all the stakeholders and incorporate every stakeholder’s requirements.
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Question 48 of 200
48. Question
When a project phase is finished, this is also known as a —-.
Correct
Kill Point
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Question 49 of 200
49. Question
You have recently joined a new construction company and you find out your employer is violating the construction permit issued by the local city government. What should you do?
Correct
Talk to your employer to find out if they are aware they are breaking the law. The best option is to first talk to your employer to discuss your findings and know their perspective. It would also help you verify your observation.)L2) Talk to your employer to find out if they are aware they are breaking the law. The best option is to first talk to your employer to discuss your findings and know their perspective. It would also help you verify your observation.
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Question 50 of 200
50. Question
John is the project manager of a new product development project. His team is getting the project deliverables accepted as per the specified project acceptance criteria. Why does the team need acceptance criteria for the project’s final deliverables?
Correct
To ensure customer satisfaction. Correct Answer is B. Acceptance criteria define the process and criteria for accepting completed deliverables. Acceptance criteria help’s in ensuring customer satisfaction. Project records (Option A) are completed as part of the closure activity and they can be done whether deliverable acceptance criteria are specified or not. Product specifications (Option C) tell what to create and acceptance criteria helps to establish whether the deliverables are meeting the specified product specifications or not. Option D is wrong as there is no such project management rule.
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Question 51 of 200
51. Question
During negotiations, the seller tells you that he wants to work with you, but if he does not have a signed contract by tomorrow, he will not be able to obtain the equipment needed to meet your due date. In view of this, which of the following should you issue?
Correct
Letter of Intent . Correct Answer is ‘B’. The ‘letter of intent’ is an expression of intention and can be used to start the work.
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Question 52 of 200
52. Question
You are a project manager explaining the correct application of standards and regulations to your team. Which of the following statements is true regarding standards and regulations?
Correct
Standards are not mandatory, but regulations are mandatory . Correct Answer is ‘B’. Standards are not mandatory; they are followed on a project based on the approach and methodology the client or project management team wants to adopt. Regulations are government imposed conditions that need to be followed on any project based on the application area the project is being performed.
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Question 53 of 200
53. Question
You are managing a project and cannot get enough attention for your project. Resources are working on more than one project at the same time and their priorities keep on changing. Most likely you are working in what form of organization?
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Functional. Correct Answer is B. In a functional organization, the project manager has little or no authority and the functional manager is the boss.
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Question 54 of 200
54. Question
Your company’s quality assurance department has performed a quality audit on your project. They have found that your team has implemented something inefficiently that could lead to defects. What’s the NEXT thing that should happen on your project?
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Your document recommended corrective actions and submit them to the change control board. Correct answer is B. Quality audits happen when your company reviews your project to see if you are following its processes. The point is to figure out if there are ways to help you be more effective by finding what you are doing on your project that is inefficient or that causes defects. When you find those problem areas, you recommend corrective actions to fix them.
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Question 55 of 200
55. Question
As per the diagram, how many days will the project take to finish?
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25. Correct Answer is ‘B’. The duration of the project is 25 days.
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Question 56 of 200
56. Question
There are two basic types of warranties. What warranty type relates to ‘merchantability’ or ‘fitness for use’?
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Implied. Correct Answer is ‘B’. Implied represents merchantability or fitness for use.
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Question 57 of 200
57. Question
The ‘Issue Log’ is an output of which of the following processes?
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Manage Stakeholder Engagement. The issue log is an output of the manage stakeholder engagement process. It is an input to the control stakeholder engagement and control communications processes and does not figure in the identify stakeholders process
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Question 58 of 200
58. Question
A Schedule Performance Index (SPI) of 0.67 means?
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You are progressing at only 67% of the rate originally planned. For more information on the earned value technique, please refer to Lesson number 7 of Simplilearn PMP Preparation Course. This is an important concept and you can expect a couple of questions related to the earned value technique on your exam.
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Question 59 of 200
59. Question
With respect to change, what is the most important activity for a project manager to focus on?
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Prevent unnecessary change. If you got confused with option D \’Do the change\’, please note that the changes are actually done by the project team and not by the project manager.
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Question 60 of 200
60. Question
During which procurement process are contract negotiations done?
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Conduct Procurements. Contract negotiation to select the seller is done as a part of the conduct procurements process. Questions like this are common in the exam. In order to find out more about the procurement management processes, you may like to go through lesson number 12 of Simplilearn PMP Preparation Course
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Question 61 of 200
61. Question
As a project manager, you have been asked to assist the contract manager in drafting the contract of a large project with limited scope clarity. What type of contract would you suggest, so that your organization does not have any financial losses?
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Cost Plus Fixed Fee. Please note that a time and material contract is best suited for smaller projects. In order to get more information about the different types of contracts (i.e. Time and Material, Cost plus Fixed Fee, etc.) you should go through Lesson number 12 of Simplilearn PMP Preparation Course
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Question 62 of 200
62. Question
What is the key role of the project sponsor on a project?
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Help prevent unnecessary changes to project objectives. Even though the sponsor may help identify some key risks and share lessons learned from previous projects, his role is to ensure that there are no unnecessary changes made to the project objectives.
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Question 63 of 200
63. Question
In the middle of a project, you identify a risk which was not identified during the risk identification process. What should you do in this case?
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Analyze the risk. In every question, use the basic concept that you need to show proactiveness and also get more information before taking any action. In this case, ignoring the risk is not an option. You need to be proactive, so when you get to know of a new risk, you should not ignore it. You need to work on what action needs to be taken. This can be achieved by getting more information about the risk itself.
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Question 64 of 200
64. Question
Jenny is an assistant to the senior project manager. She has been asked to calculate the value of EAC (Estimate At Completion) using the Budget At Completion (BAC) value. Assist her in finding the correct formula.
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Divide by CPI. This is straight from the earned value formulas. Also, the question assumes that you know what CPI and SPI stand for. CPI is Cost Performance Index and SPI is Schedule Performance Index
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Question 65 of 200
65. Question
John is a new project manager who has joined the existing Powerhouse project midway through project execution. He wants to understand the use of creating a lessons learned database. What would you tell him?
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It serves as a historical record for future projects. This must have been an easy question because all the other options are obviously wrong.
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Question 66 of 200
66. Question
A project manager in an e-learning project is using free downloadable tutorials via the Internet to reach out to large audiences . This communication method is called?
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Pull Communication. This is an example of a pull communication method which is used for large volumes of information or for large audiences that require the recipients to access the communication content at their own discretion. PN : to make it easier to remember think pull communication as ‘pulling of information’ as desired by the receiver at his discretion. For more information please refer to PMBOK 5th edition Project Communication Management PN 295.
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Question 67 of 200
67. Question
Baselines are an important input to a number of project processes. Outputs of many processes raise change requests to these baselines. Of the following, which is not a valid project baseline?
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Risk baseline
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Question 68 of 200
68. Question
Which one of the following is the last step of project closing?
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All of the stated options are activities conducted during project closing. Measure customer satisfaction at the end of the project is the last step in the closing process group. This is as per the new changes suggested by the PMI RDS Study.
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Question 69 of 200
69. Question
A market demand, a business need, and/or a legal requirement are example of:
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These are all reasons projects are initiated.
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Question 70 of 200
70. Question
Approved corrective actions are an input to which of the following processes?
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Direct and Manage Project Work is the only correct response.
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Question 71 of 200
71. Question
Which of the following processes includes asking team members about the time estimates for their activities and reaching agreement on the calendar date for each activity?
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By the time this process is taking place, Develop Project Charter, Define Scope, and Sequence Activities would be completed. The process defined in the question is Develop Schedule.
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Question 72 of 200
72. Question
Which of the following are all items included in the cost management plan?
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Notice how one item in each of the incorrect options makes the entire choice incorrect. Duration estimates are created during time management, and measuring team performance is a part of human resource management. There is no level of risk required for estimates. Specifications for how estimates should be stated, rules for measuring cost performance, and the level of accuracy needed for estimates are all parts of the cost management plan.
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Question 73 of 200
73. Question
Who is ultimately responsible for quality management on the project?
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Although each person working on the project should check his or her own work, the project manager ultimately has the responsibility for quality on the project as a whole.
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Question 74 of 200
74. Question
A project manager has just taken over the project from another project manager during project executing. The previous manager created a project budget, determined communications requirements, and went on to complete work packages. What should the new project manager do next?
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Completion of work packages is done after project planning. Since the previous project manager did not finish planning, continuing to execute the project management plan should not be next. Identify Risks sounds like a good choice; however, identifying quality standards occurs before the Identify Risks process. You may have misread the question and assumed communication planning was complete as well, but notice it only says that communication requirements have been determined. Communications planning still needs to be completed as well. Identify quality standards is the best answer, as planning must be completed on the project.
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Question 75 of 200
75. Question
You are a project manager leading a cross-functional project team in a weak matrix environment. None of your project team members report to you functionally and you do not have the ability to directly reward their performance. The project is difficult, involving tight date constraints and challenging quality standards. Which of the following of project management power will likely be the most effective in this circumstance?
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Reward and expert are the best types of power to use in such a circumstance. Reward is not listed as a choice, and the question says the project manager has limited ability to reward the team members. Therefore, expert power is the correct answer.
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Question 76 of 200
76. Question
Which of the following statements BEST describes how stakeholders are involved on a project?
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The project manager determines the project schedule through schedule development. The team and other stakeholders provide the inputs. Since it is also the project manager’s role to determine resource needs and create management plans, the choices including those roles cannot be best. The project sponsor approves the project charter, not the stakeholders. Stakeholders do, however, help in determining project constraints and product deliverables. Notice how tricky questions can be if you do not read them correctly! Watch for this in other questions, and pay close attention to the differences in wording.
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Question 77 of 200
77. Question
You are in the middle of a project when you discover that a software seller for your project is having major difficulty keeping employees due to labor dispute. Many other projects in your company are also using the company’s services. What should you do?
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Attempting to keep the required people on your project puts your interests over those of your company, so it cannot be the best choice. There is no indication that the labor dispute has caused any problems, so there is no need to cancel this work or to cease doing business with the company. The best choice would be to inform others in your company about the labor dispute.
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Question 78 of 200
78. Question
Which of the following best describes the Plan-do-Check Act cycle?
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Also called the deeming cycle, it’s a method of making small changes and measuring the impact before you make wholesale changes to a process.
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Question 79 of 200
79. Question
A project manager is negotiating with a contractor. Neither has a good idea of how long the project will take, or how much the materials will cost. Which contract type is most appropriate for the project?
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Time and materials(T&M)
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Question 80 of 200
80. Question
You are a project manager at an utility company. Due to the recent rise in the cost ofpetroleum, the market demand for cheaper, alternate forms of energy have grownexponentially. Your company has identified, a multi billion dollar market opportunity foralternate forms of energy.However your organization does not have enough resources and expertise to exploit this marketopportunity. Hence your organization has decided to form joint ventures and risk sharingrelationship with various other utility companies to coordinate research and development activities.Which of the following best describes the best strategy you are using with this market opportunity?
Correct
Share
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Question 81 of 200
81. Question
You are the project manager at a large accounting firm in the United States. Throughout the year your firm provides both consulting services and accounting/ auditing services to XYZ Widgets, Inc, a publicly traded company listed on the New York Stock Exchange. Currently, your project involves auditing the financial statements of XYZ Widgets Inc, in preparation for the annual shareholders/ investors meeting. While your team is in the midst of project execution, you are informed that your project is due to new SEC regulations. Specifically, a new SEC regulation prohibits accounting firms from providing both consulting services and auditing services to a client, due to potential conflicts of interest that could arise from such business relationships. Hence your project is cancelled and your project team consisting of accountants and auditors are taken off your project and reassigned to another project. Which of the following statements are true?
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Since the project ended due to integration, you should document the level and degree of completeness during the scope verification process
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Question 82 of 200
82. Question
Historical records from previous project are generally used for all of the following EXCEPT:
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Life cycle costing
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Question 83 of 200
83. Question
Which of the following statements are false regarding the probability impact matrix?
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The probability impact matrix is a tool/ technique of theperform quantitative risk analysis process
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Question 84 of 200
84. Question
While implementing your project, a team member brings to your notice, a risk that was not mentioned in the Risk Register. In this case, you should:
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Perform Additional Risk Response Planning to control the risk
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Question 85 of 200
85. Question
In your previous project, the project manager gave a lot of autonomy to the team members to do as they deemed fit. At times, this lead to anarchy because the team members were not very sure of what needed to be done. The manager however followed a management style, which was:
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Laissez Faire
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Question 86 of 200
86. Question
As a project manager, you understand that risk ratings and prioritization may change during the life of the project. So, you make project risk an agenda at all team meetings and schedule regular:
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Project risk reviews
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Question 87 of 200
87. Question
In Project Initiation Phase, Expert Judgment will often be required to assess theinputs to the process. This can be provided by all the following except:
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Competitors
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Question 88 of 200
88. Question
Selection of an organization to prosecute a project depends upon three key items – degree of advanced technology in the project, percentage of project personnel in theprofessional category, and the ________ for the project.\”
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Level of uncertainty
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Question 89 of 200
89. Question
As a project manager, you are involved in launching a new software product across several markets around the world and interacting with different units in your company. This requires a thorough knowledge of:
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Organizational interfaces
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Question 90 of 200
90. Question
Graphic display of cumulative costs or labour hours plotted against time is also called a(an):
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S-curve
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Question 91 of 200
91. Question
You are identifying risk owners and assigned responsibilities; results from qualitative and quantitative risk analysis processes; level of residual risk; contingency plans andfallback plans. You will write down all this information in the:
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Risk Register Updates
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Question 92 of 200
92. Question
You are asked to prepare a budget for completing a project that was started last year and then shelved for six months. All the following would be included in the project budget EXCEPT:
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Sunk costs are expended costs. The rule is that they should not be considered when deciding whether to continue with a troubled project.
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Question 93 of 200
93. Question
All of the following could be a justifiable reason to terminate a project EXCEPT?.
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There is a serious personal conflict between two senior project members affecting the work. A project is created with some definite set of objectives and it should be terminated only in extreme situations. Option (a
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Question 94 of 200
94. Question
A project manager has used a popular cost estimating model to come up with cost estimates for his upcoming project. However, while presenting it to his sponsor he asks him to add 15% to the total cost estimate as the customer always negotiates and asks the prices to be reduced by 10 % to 15% . What should be the BEST option for the Project Manager?.
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Provide the Sponsor with details on cost estimation and suggest that he share the same with customer. Both option (a
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Question 95 of 200
95. Question
A cost reimbursable contract has an estimated cost of $20,000. If the seller beats the cost, they will share the savings. 80% will go to the buyer and 20% will go to the seller. If the actual costs come in at $18,000, what is the final price?
Correct
$18,400 . For this question, Target price = $ 20,000 ;Actual cost = $ 18,000;Sharing ratio = 80/20;Actual cost to buyer = $18000 + ($20,000-$18,000
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Question 96 of 200
96. Question
Which of the following Quality Theorists advocated the 80/20 principle ?.
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Joseph Juran. Sorry to disappoint you, but these questions might be asked. It is better to be aware of the popular quality theorists and their main principles.
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Question 97 of 200
97. Question
During an informal gathering with stakeholders of the project, the project manager overhears one stakeholder expressing dissatisfaction over the project’s progress reporting and communication. What is the BEST thing for the project manager to do?
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Meet face to face with the complaining stakeholder to understand his concern and update it in the issue log. This is the best approach to resolve the problem proactively. Even if the project manager is not able to immediately solve the issue, tracking it through the issue log would show his commitment and build trust. Option (a
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Question 98 of 200
98. Question
A project team is working on a risk response strategy by evaluating every risk and coming up with suitable response strategies. However, one particular risk with a negative impact cannot be avoided or mitigated. Furthermore, there is no way to transfer risk by outsourcing or buying insurance. What is the best they can do about the risk?
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Accept the risk and put it in the watch list.The question suggests the team has already explored all the alternatives, so option (d
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Question 99 of 200
99. Question
Trend analysis is often performed using.
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Run charts. Run charts (often known as line graphs
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Question 100 of 200
100. Question
The knowledge that the team and stakeholders gain by actually performing the project is known as:.
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The lessons learned may be converted to best practices by an authority outside of the project. Team development pertains less to knowledge and more to soft skills. Cumulative intellectual property is a high sounding phrase.)L2) The lessons learned may be converted to best practices by an authority outside of the project. Team development pertains less to knowledge and more to soft skills. Cumulative intellectual property is a high sounding phrase.
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Question 101 of 200
101. Question
A project manager wants to determine the variance for an activity estimate using the three point estimate with following data Pessimistic=14, Optimistic=2, Realistic=5. What is the variance ?
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The formula for variance = [( Pessimistic-Optimistic)/6] squared. The answer is 4.L2) The formula for variance = [( Pessimistic-Optimistic)/6] squared. The answer is 4.
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Question 102 of 200
102. Question
As a project manager, you have to recommend among the following projects A, B, C, and D which one would be the BEST option? Please note: NPV is Net Present Value.
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Project C: NPV $ 70,000 to be completed in 9 years. The project with the highest value of NPV should be selected. The information on the number of years to complete the project is irrelevant because it has already been considered while calculating the value of NPV. NPV is defined as: the difference between the present value of cash inflows and the present value of cash outflows. Remember NPV is used in capital budgeting to analyze the profitability of an investment or project.)L2) Project C: NPV $ 70,000 to be completed in 9 years. The project with the highest value of NPV should be selected. The information on the number of years to complete the project is irrelevant because it has already been considered while calculating the value of NPV. NPV is defined as: the difference between the present value of cash inflows and the present value of cash outflows. Remember NPV is used in capital budgeting to analyze the profitability of an investment or project.
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Question 103 of 200
103. Question
A project is plagued by changes to the project charter. Who has the primary responsibility to decide if these changes are necessary?
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Project Sponsor. The project sponsor is the one who has the primary responsibility of deciding the changes that need to be made to the project charter.
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Question 104 of 200
104. Question
Whose job is it to determine the priorities among projects in a company?
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Senior Management. Correct Answer is C. Senior management is the one that determines the project priorities and it is their responsibility to determine the priorities among projects in an organization.
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Question 105 of 200
105. Question
Take the values from the Image. In case there is no change in the schedule of individual activities, what will be the float on Task G?
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9 days. Correct Answer is ‘C. The float for Task G is 9 days. Task G (LS) – Task G (ES) = 10-1= 9
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Question 106 of 200
106. Question
You are the project manager of a new portal development project. You want to integrate your portal with one of the online payment gateways, but you are experiencing major issues in receiving payment. The remote support from the payment gateway company is not much help. Your team suggests getting one of their engineers online, so that you can speed up the work. However, this will increase the project costs which have not been budgeted. According to your team, there is no other option at this stage. What should you do?
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Create a change request to ask for an engineer from the payment gateway company and present this to the change control board for approval. If you look at the question, there is a problem in the project and the project team finds no solution. In this case, the only option left is to create a change request and ask for additional money to get the problem fixed.
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Question 107 of 200
107. Question
When do you mark a project as complete?
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All of the project requirements mentioned in the contract are completed and the formal acceptance is received from the customer. Remember, even if the customer pays all of the money, unless you have a written acceptance letter from the customer, you should not treat the project as completed.
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Question 108 of 200
108. Question
One of your subcontractors, that you have become quite friendly with, explains how he faked his PMI certificate and got onto the project team. As a certified project manager what should you do?
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Report the matter to PMI. As a certified project manager, you are expected to be ethical. Since forging a PMP certification is unethical, you should immediately inform PMI about it.
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Question 109 of 200
109. Question
You are the project manager of a project to launch a new model of a car. The car has to hit market before the holiday season. However, you received information that the workers are supposed to go on strike during the same time. You try to come up with a strategy to get the new model of the car launched in spite of the workers strike. This is an example of?
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Risk Acceptance. This should have been an easy question for you. The project manager knew about the workers’ strike (i.e. the risk), so he looked for a workaround which is accepting the risk and finding alternative options. In order to find out more about the different risk management strategies, please go through Lesson number 11 of PMP Preparation Course.
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Question 110 of 200
110. Question
A project manager is allocating the overall cost estimates to individual activities to establish a baseline for measuring project performance. What process is he performing?
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Cost Budgeting . I hope you found it pretty straightforward. If you got this question wrong, you should go through lesson number 7 of Simplilearn PMP Preparation Course for clarity on Project Cost Management.
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Question 111 of 200
111. Question
As a project manager, you present your cost estimate to the project sponsor and he asks you to cut the cost by 10%. What should you do?
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Play with triple constraint by cutting down the scope of work and obtain sponsor approval.
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Question 112 of 200
112. Question
You are currently working on a web development project to develop a new user interface for a legacy mainframe banking application. You are under a time and material contract to develop a web based interface for this application. You have finished the work 20 hours earlier than expected. This means that the profit of your company will decrease. What should you do?
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Inform the customer that your project is complete. You should truthfully inform the customer that you have completed the project.
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Question 113 of 200
113. Question
You hired a project manager to manage one of your construction projects. This project manager is joining an ongoing project. He wants to know the current status of the project in terms of the schedule, i.e. whether the project is behind or ahead of the schedule. Which of the following tools and techniques should he use?
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Earned Value Technique. The earned value technique is the best technique to know how the project is progressing in terms of cost and schedule.
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Question 114 of 200
114. Question
You are assigned as the project manager of a new critical project, but the project charter itself is undergoing multiple changes. Whose primary responsibility is it to decide whether the changes to the project charter are required or not?
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Project Sponsor. A project charter should be created by the project sponsor and handed over to the project manager. The project manager can provide his inputs while the project charter is being prepared. It’s the project sponsor, who is the owner of the project charter and it’s his/her responsibility to avoid any unnecessary changes to the project charter.
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Question 115 of 200
115. Question
Two members of a team are disagreeing about the right electric parameters for testing a newly designed chipset. Who is in the best position to help resolve this issue?
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The issue requires functional expertise and hence the functional managers are best able to assist in this matter
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Question 116 of 200
116. Question
A project activity has the following values for the earliest and latest it can start and earliest and latest it can be completed. An activity’s Late Start (LS) is 5/day and Late Finish is (LF) 10/day. Similarly Early Start (ES) is 3/day and Early finish (EF) is 8/day. What is the float of this activity?
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2 days. Float for an activity can be calculated using any of the two formula (i.e. Float = LS-ES or LF-EF). In this case, float = 5-3 or 10- 8 or 2 days. Remember, float or slack is the amount of time a task in a project network can be delayed without causing a delay to subsequent tasks (free float) or the project completion date (total float).
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Question 117 of 200
117. Question
A project manager working on a construction project identifies a risk of a heavy storm in the coming months which might affect the construction activity. However, he doesn’t have any reliable information on the weather forecast or the severity of the storm. In this case, what is the BEST project manager can do?
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Actively accept the risk and allocate time and cost reserve in contingency fund. In this situation the project manager has no information on the timing, anticipated frequency, or impact of the expected rough weather. Option (d) will not give any valuable information. The best option is (c) to accept the risk, but plan a contingency reserve in terms of cost and time in case the risk occurs. Option (a) and (b) are passive approach and are not recommended for a good project manager who should be always proactive in his approach towards risk management.
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Question 118 of 200
118. Question
A project manager is working on planning a project that requires review and oversight for a number of technically complex tasks. Who should identify the specific resources for performing the reviews?
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Since nothing is given about the organization structure, we have to assume that it is a matrix or functional organization, where the resources are owned by the functional managers and they would provide and identify these resources
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Question 119 of 200
119. Question
Which of the following is NOT a possible use for historical records?
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Historical records from one project cannot become part of the closure reports of other (future) projects.
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Question 120 of 200
120. Question
If a project manager is concerned with gathering, integrating, and disseminating the outputs of all project management process, she should concentrate on improving the:
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The scope management plan and the WBS focus on project scope. The communications management plan addresses who will be communicated with, when, and in what format The only choice that addresses gathering, integrating, and disseminating information is the PMIS.
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Question 121 of 200
121. Question
Which of the following is NOT an input to the initiating process group?
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Notice the question asks which is NOT an input to project initiating. Did you read it correctly? Companies should have processes in place for hiring resources, reporting, and managing risks on projects (to name only a few). These are inputs to project initiating, as are company culture and historical WBSs. The project scope statement is an output of project planning.
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Question 122 of 200
122. Question
You are in the middle of executing a major modification to an existing product when you learn that the resources promised at the beginning of the project are not available. The BEST thing to do is to:
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Crashing and replanning are essentially delaying the situation. Instead, the project manager should try to prevent the situation by showing the consequences if the resources are not available. This is a more effective strategy than saying, “But you gave them to me.”
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Question 123 of 200
123. Question
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. The situation will delay the project completion by one month. The most important process that could have prevented this situation is:
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Monitor and Control Risks, Control Schedule, and Control Scope are monitoring and controlling processes. This situation asks how to prevent the problem, which would have been done during planning. The project deliverables are defined in the Define Scope process, which is a part of project planning. Good planning reduces the likelihood of a situation like the one described, by including the right people and spending adequate time clarifying the project scope.
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Question 124 of 200
124. Question
Which of the following is CORRECT in regard to the control scope process?
Correct
Though it is correct that effective scope definition can lead to a more complete project scope statement, this cannot be the answer, because it does not deal with control. Scope planning occurs before the Control Scope process, not after it. Controlling the schedule is not the best way to control scope, so that is not the best answer. The control processes do not act in isolation. A change to one will most likely affect the others. Therefore the need to integrate the Control Scope process with other control processes is the best answer.
Incorrect
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Question 125 of 200
125. Question
A control chart shows even data points in a row on one side of the mean. What should be done?
Correct
The rule of seven applies here. If you have seven data points in a row on the same side of the mean, statistically the mean has shifted, calling for action to correct the problem.
Incorrect
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Question 126 of 200
126. Question
The halo effect refers to the tendency to:
Correct
The halo effect refers to the tendency to move people into project management because they are good in their technical fields. Just because a person is good in a technical field does not mean he or she will also be a good project manager.
Incorrect
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Question 127 of 200
127. Question
Extensive use of ________ communication is most likely to aid solving complex problems.
Correct
Formal written communication allows your words to be documented, and they will go to everyone in the same form. When there are complex problems, you want everyone to receive the same information.
Incorrect
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Question 128 of 200
128. Question
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:
Correct
If the seller completes the work specified in the procurement statement of work, the contract is considered complete. That does not mean the same thing as the procurement being closed. The Close Procurements process must still occur. However, in this situation, the contract work is completed.
Incorrect
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Question 129 of 200
129. Question
The key objective of stakeholder management is:
Correct
While communication, coordination, and development of relationships are parts of stakeholder management, collectively they contribute to the main objective of this process—stakeholder satisfaction.
Incorrect
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Question 130 of 200
130. Question
A team member approaches you with a change that could cut your schedule down by a month. What is the first thing you should do?
Correct
Figure out the impact on the scope of the work and the cost before you write up the change request.
Incorrect
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Question 131 of 200
131. Question
You are planning a project that uses the same team as a project that is currently being performed by your company. What should you consult to find information about when those people will be available for your project?
Correct
The staffing management plan for the project that the team is working on
Incorrect
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Question 132 of 200
132. Question
You’re the project manager on a software project that is planning out various approaches to technical work. There’s a 20% chance that a component you are going to license will be difficult to integrate and cost $3000 in rework can delays. There’s also a 40% chance that the component will save $10,000 in time and effort that would have been used to build that the component from scratch. What’s the EMW for these two possibilities?
Correct
3400
Incorrect
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Question 133 of 200
133. Question
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:
Correct
Enhancing personal professional competence
Incorrect
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Question 134 of 200
134. Question
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 identifies defects. The root cause of each defect is identified. You want to identify the ongoing trends of defective installations. Which is the best tool to use for this?
Correct
Run chart
Incorrect
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Question 135 of 200
135. Question
You are the project manager for a railroad construction project. Your sponsor has asked you for a forecast for the cost of project completion. Which of the following is BEST metric to use for forecasting?
Correct
ETC and VAC
Incorrect
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Question 136 of 200
136. Question
You’re managing a software project. Your team has discovered a problem, and as a result you’ve requested a change. The change will cost the project an extra three weeks, but without it several stakeholders might have problems with the final product. What’s the NEXT thing that you should do?
Correct
Document the change and its impact, and put it through the change control system
Incorrect
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Question 137 of 200
137. Question
Different and conflicting objectives amongst stakeholders:
Correct
Can make it difficult for project managers to manage stakeholder expectations
Incorrect
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Question 138 of 200
138. Question
You have been recently been assigned to provide an accurate project schedule for alarge construction project. You are evaluating the network diagram for theconstruction project. Your lead engineer has given you following estimates for criticalpath activity: 30 days (optimistic), 100 days (pessimistic), and 50 days (most likely).What is the standard deviation for this activity, assuming a beta distribution?
Correct
11.66
Incorrect
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Question 139 of 200
139. Question
Which of the following statements are FALSE regarding the Resource Calendar?
Correct
. The Resource Calendar provides a hierarchal structure of the identified resources by resource category and resource type
Incorrect
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Question 140 of 200
140. Question
Procurement documentation is an input to the Close procurements Process. It includes all of the following EXCPT:
Correct
. Close procurements procedure
Incorrect
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Question 141 of 200
141. Question
Variance analysis, trend analysis, and earned value techniques are:
Correct
Report performance technique
Incorrect
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Question 142 of 200
142. Question
You are the project manager for the manufacturer of children’s toys. Your project team is in the process of designing a new toy for children for next Christmas season. Your project team has worked together for the last six months and has become a self-directed team with little, If any management supervision required. Which of the following stages of develop project team best describes your team?
Correct
Performing
Incorrect
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Question 143 of 200
143. Question
In critical negotiations about a contract where two parties meet to discuss outstanding issues, you should pay a lot of attention to which form of communication?
Correct
Non Verbal
Incorrect
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Question 144 of 200
144. Question
You are interviewing for the position of project manager in the company. What is the most important characteristic you should be looking for in the project manager?
Correct
Communication Skills
Incorrect
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Question 145 of 200
145. Question
If a property depreciates by the same amount every year, it is called:
Correct
Straight Line Depreciation
Incorrect
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