PMP Mock Test 2
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Question 1 of 200
1. Question
What is key purpose of the Monitoring and Controlling process group?.
Correct
Measure project performance in order to identify and quantify any variances and perform approved corrective actions. Option (b
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Question 2 of 200
2. Question
3 sigma is equal to.
Correct
99.73%.
Incorrect
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Question 3 of 200
3. Question
How is the role of a project expeditor different from a project coordinator?.
Correct
Project coordinator has some power to make decisions. The only difference between the role of coordinator and expeditor is that the former has some power to make decisions and some authority and may report to high level management while the latter acts as a communication coordinator, i.e. monitors and reports the status of the project to the senior management. Option (b
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Question 4 of 200
4. Question
What is the Estimate at Completion (EAC) assuming the current variances are atypical of the future? A project has initial budgeted cost also called Budget at Completion (BAC) of $100,000. As the project progresses the current values are listed as follows: Planned Value (PV) $20 ,000. Actual Cost(AC) $25,000 Earned Value (EV) $15,000.
Correct
$ 110 ,000. As a reminder, BAC is Budget at completion, which is the initial budgeted cost. In this case it (BAC
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Question 5 of 200
5. Question
A project manager is trying to successfully complete a project, but his role in the organization is limited and he has no control over the project’s budget. Although he has some power to authorize decisions, he needs to seek approval on most of the major decisions
Correct
Functional. The project manager has limited authority and no control over the project’s budget. Also, his team members are not allocated full-time on project work. Hence, the project manager is working in a functional organization structure.)L2) Functional. The project manager has limited authority and no control over the project’s budget. Also, his team members are not allocated full-time on project work. Hence, the project manager is working in a functional organization structure.
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Question 6 of 200
6. Question
The process of comparing actual or planned project practices to those of other projects to generate improvement ideas and a basis for performance measurement is called?.
Correct
Benchmarking. Benchmarking is the process of comparing the business processes and performance metrics including cost, cycle time, productivity, or quality to another that is widely considered to be an industry standard benchmark or best practice. This benchmarking provides a snapshot of the performance of your business and helps you understand where you are in relation to a particular standard.)L2) Benchmarking. Benchmarking is the process of comparing the business processes and performance metrics including cost, cycle time, productivity, or quality to another that is widely considered to be an industry standard benchmark or best practice. This benchmarking provides a snapshot of the performance of your business and helps you understand where you are in relation to a particular standard.
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Question 7 of 200
7. Question
Which activity from the following should a project manager perform when confronted with a situation in which a payment to facilitate an activity is advised by a liaison agent for a project with a foreign destination country?
Correct
Seek legal advice to ensure that the payment is not a bribe. Correct Answer is A. When a project manager is not clear about the business processes in a foreign country, it is necessary to seek legal advice to make sure that such payments are legitimate and not construed as a bribe or illegal practices.
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Question 8 of 200
8. Question
According to the Utility Theory, what are the dimensions on the X and Y axis?
Correct
The X-axis denotes money at stake and y-axis denotes utility. Correct Answer is ‘A’. In the Utility Theory, the X-axis denotes money at stake and y-axis denotes utility.
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Question 9 of 200
9. Question
You are in the process of selecting the seller for a part of your project that needs to be subcontracted. The project is being performed under a tight budget and your senior management has given strict instruction to select the lowest bidder. You have narrowed down to two bids. The lowest bid was the one from the bidder that you had a bad experience with in the past. The other bidders are very well known for treating their customers well. Which one shall you award the contract?
Correct
The lowest bidder. Once the rules for selecting the right vendor are communicated to you by senior management, you should follow that. In this case, senior management has clearly communicated to select the lowest vendor.
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Question 10 of 200
10. Question
Which of the following is not a technique of developing project team?
Correct
is the right answer. Acquisition is not a technique of developing project team.
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Question 11 of 200
11. Question
The high level project schedule constraints have just been determined. Which phase is the project in?
Correct
Initiating. The high level schedule constraints are determined during the initiating phase of the project. The detailed planning is done during the planning phase.
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Question 12 of 200
12. Question
Which of the following is the output of the manage stakeholder engagements?
Correct
Issue log is an output of the manage stakeholder expectations
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Question 13 of 200
13. Question
As a manager you would like to get the status on the remaining work with respect to the funds remaining. Which of the following measures will give you the information?
Correct
To-Complete Performance Index. To-Complete Performance Index (TCPI) is the calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal. The formula to calculate TCPI is = Work Remaining (BAC-EV)/Funds Remaining (BAC-AC) or (EAC-AC) where AC is the Actual Cost, EV is the Earned Value, EAC is Estimate at Completion and BAC is Budget at Completion.
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Question 14 of 200
14. Question
A project manager wants to perform some tests on the product that might end up destroying the product. What technique can be used to get around this problem?
Correct
In case the test is likely to prove destructive, they are typically performed on a sample
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Question 15 of 200
15. Question
Big bang testing is where software components of an application are combined all at once into an overall system. Which of the following types of testing does this fall into?
Correct
Integration Testing
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Question 16 of 200
16. Question
According to Maslow’s Hierarchy of needs, what comes HIGHEST on the pyramid?
Correct
Social. Maslow and other theorists might be referenced in the PMP exam and it is important to get familiar with them. According to Maslow, there are five levels of human needs from bottom to top. They are: physiological, safety, social, esteem, self-actualization. Option (d) Hygiene factors are part of Herzberg’s theory.
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Question 17 of 200
17. Question
All of the following occur during the planning process group except:
Correct
Develop Project Charter occurs during project initiating.
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Question 18 of 200
18. Question
The construction phase of a new software product is near completion. The next phases are testing and implementation. The project is two weeks ahead of schedule. Which of the following processes should the project manager be most concerned with before moving into the final phase?
Correct
The Validate Scope process deals with acceptance by the customer. Without this acceptance, the project manager will not be able to move into the next project phase.
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Question 19 of 200
19. Question
Which of the following can create the most misinterpretation of the project scope statement?
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Much of the work on the project is dictated by the project scope statement. Any imprecision in such a key document will lead to differing interpretations.
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Question 20 of 200
20. Question
In attempting to complete the project faster, the project manager looks at the cost associated with crashing each activity. The best approach to crashing would also include looking at the:
Correct
You may or may not need your customer’s or your boss’s input, but you will definitely need to include an analysis of risk.
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Question 21 of 200
21. Question
Which of the following represents the estimated value of the work actually accomplished?
Correct
It can be confusing to differentiate earned value terms from each other. The estimated value of the work actually completed is the definition of EV, or earned value.
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Question 22 of 200
22. Question
Which of the following activities occurs during the plan procurement management process?
Correct
Answering sellers’ questions, advertising, and proposal evaluation occur during the Conduct Procurements process. Make-or-buy decisions are made earlier, in the Plan Procurement Management process.
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Question 23 of 200
23. Question
Close procurements is different from close project or phase is that close procurement:
Correct
The customer may be involved in lessons learned and procurement audits, and would certainly be involved in formal acceptance. Both Close Procurements and Close Project or Phase involve the return of property. Close Procurements is done once for each procurement, at the end of the contract. All procurements are closed before the project is closed.
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Question 24 of 200
24. Question
All of the following are responsibilities of the project manager except:
Correct
The project manager does not have the option of selecting stakeholders. By definition, stakeholders are people or organizations whose interests may be positively or negatively impacted by the project or its product, as well as anyone who can exert positive or negative influence over the project. All stakeholders must be identified and managed to ensure project success.
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Question 25 of 200
25. Question
You are in the middle of a new product development project for your publicly Traded company when you discover the previous project manager made a US $3,000,000 payment that was not approved in accordance with your company policies. Luckily, the project cost performance index (CPI) is 1.2. What should you do ?
Correct
Putting the payment in an escrow account or burying the cost hides it. Ignoring the payment is not an option. Project managers must deal with potentially unethical situations like the situation described. This payment must be brought to the attention of the project manager’s manager.
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Question 26 of 200
26. Question
When do you perform stakeholder analysis?
Correct
When defining the project scope
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Question 27 of 200
27. Question
You are managing a project AC = $ 25,100, ETC = $45,600 , VAC = -$2,600, BAC = $90,000 and EAC = $92,100. Your sponsor asks you to forecast how much money you expect to spend on the remainder of the project. Which is the best estimate to use for this forecast?
Correct
45600
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Question 28 of 200
28. Question
Which of the following best describes the records management system?
Correct
A system to store contracts and project records for future project managers to reference
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Question 29 of 200
29. Question
Which of the following is NOT an enterprise environmental factor?
Correct
Standardized guidelines
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Question 30 of 200
30. Question
Which of the following is the amount of time that a scheduled activity may be delayed withoutdelaying the early start of any immediately following schedule activities?
Correct
Free float
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Question 31 of 200
31. Question
You are a project manager at a construction company who is working in a foreign country to perform reconstruction work for the various infrastructure and utility services, including water, sewage, and electricity. During your initial visit to the country, you were presented a jewelry gift valued over $5,000. you were told that this is local custom to give such gifts to business partners during their visits. What should you do?
Correct
Accept the gift so as not to offend anyone. However, report the gift to appropriate parties at your company so that you do not give the appearance of impropriety.
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Question 32 of 200
32. Question
Which of the following statements are true regarding the project charter?
Correct
The project charter describes the business needs of the project and should be published by a manager external to the project
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Question 33 of 200
33. Question
Which of the following describes an input to the direct and manage project execution process that consists of documented, authorized directions required to bring expected future project performance into conformance with project plan?
Correct
. Approved change requests
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Question 34 of 200
34. Question
Understanding, evaluating, defining and managing expectations are essential to satisfying:
Correct
Customer Requirements
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Question 35 of 200
35. Question
You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project the project scope statement. However, upon review, you have determined that the resulting project scope statement is ambiguous and poorly written. A poorly written project scope statement will directly impact all of the following EXCEPT:
Correct
Ability to develop cost approximations for resources required to complete project activities
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Question 36 of 200
36. Question
You recently took over a large project from another project manager who had to leave for a personal emergency. You want to understand what kind of information should be provided to different stakeholders, and the what methods should be used to provide this information. You will find this information in the :
Correct
Communications Management Plan
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Question 37 of 200
37. Question
You are the project manager for an automobile company. Because of change in Government regulations, the emission norms for automobile vehicles have been made stricter. As a project manager, you are concerned that your project will not satisfy the required quality standards. This could be done through
Correct
Perform Quality Assurance
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Question 38 of 200
38. Question
As part of Risk Management process, you have already created a Risk Management Plan, and identified risks, triggers and inputs to other processes. What should you be doing next?
Correct
Assessing the impact and likelihood of identified risks
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Question 39 of 200
39. Question
An Activity has an Optimistic estimate of 10 days, pessimistic estimate of 16 days, most likely estimate of 13 days. What is the PERT Estimate for the task?
Correct
13 days
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Question 40 of 200
40. Question
. Risk Acceptance is a technique that indicates that the project team has decided not to change the project plan to deal with a risk or is unable to identify any other suitable response strategy. The most usual risk acceptance response is to :
Correct
Establish a contingency reserve
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Question 41 of 200
41. Question
The process of keeping track of identified risks, ensuring the execution of risk plans, and evaluating their effectiveness in reducing risk is done as part of which process?
Correct
Monitor and Control Risks
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Question 42 of 200
42. Question
In your company, you are in the process of deciding whether to buy a product or makeit in-house. All the following statements related to make-or-buy analysis are correctEXCEPT:
Correct
Make-or-buy analysis is part of initial scope planning process that can be used to determine whether a particular product can be produced cost effectively by the performing organization.
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Question 43 of 200
43. Question
A procurement audit is a structured review of the procurement process from plan procurements through administer procurements. What is the primary objective of a procurement audit?
Correct
Identify successes and failures that warrant transfer to other procurement items on this project or to other projects within the performing organization
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Question 44 of 200
44. Question
You are a project manager in a functional structure organization, hence it is important that you negotiate suitable resources for your project from the functional manager. Which of the following tools could be a valuable asset to prove your project resource requirements to the functional manager?
Correct
Network Diagram and Project Schedule. Surprised! Project schedule along with network diagram (that graphically represents the project schedule
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Question 45 of 200
45. Question
You are a project manager of an ambitious project in the organization. Although you have successfully managed many critical projects before, this is a new organization and you are working on this technology for the first time. However you hear that the company has proven expertise on the technology and have also done a similar project in the past. In this situation, what is the BEST option available to you?
Correct
Obtain historical records and guidance from the PMO. Though all the options except (b
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Question 46 of 200
46. Question
For a project Earned value = 600, Actual Cost = 400, Estimate to Completion= 700. What is the estimate at completion?
Correct
1100. The formula for Estimate to Complete (ETC
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Question 47 of 200
47. Question
Which of the following tools and techniques is/are used for the control scope process?.
Correct
Variance Analysis. Variance analysis is used to assess magnitude of variation from original baseline. Refer to PMBOK 5th edition Project Scope Management PN 222.
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Question 48 of 200
48. Question
The primary communication skill the project manager will use in working with the functional manager is:.
Correct
. To work with the functional manager, the best communication skill that the project manager should exercise is negotiation. The project manager may have to negotiate with the functional manager for human resources, schedules, and deadlines.
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Question 49 of 200
49. Question
An Instrument measuring thickness of a screw of 15 mm diameter gives the following readings 16.001 mm , 16.00015 mm , 16.0003 mm and 15.900 mm . Assuming the instrument is capable of measuring up to the third decimal place, what can you conclude about the performance of the instrument?
Correct
The instrument is not accurate but precise. Precision means the values of repeated measurements are clustered and have little scatter. As the name suggest, accuracy means how close the measured values are to the actual value. The measurements though precise are not accurate i.e. option (b
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Question 50 of 200
50. Question
Which of the following is NOT a purpose of the configuration management system?.
Correct
Ensure all the relevant changes are communicated to the stakeholders. This is a part of communication management. All the other options (a
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Question 51 of 200
51. Question
A project manager in a manufacturing company is working to ensure that work products are produced according to the predefined standards. He is using a process checklist and auditing quality requirements. The project manager is currently in which process group?.
Correct
Executing Process Group. The project manager is performing quality assurance activities as part of the executing process group which includes ensuring work products conform to predefined standards, conduct audits for quality requirements and using process checklist.
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Question 52 of 200
52. Question
A project manager is working in a manufacturing company with a centralized contracting department. Who would have the final authority to change the contract in this case?
Correct
Contract Manager. In an organization with centralized contracting, there would usually be another person who controls the contract, called a contract manager or contract administrator. He is the only one with the authority to change the contract. He also serves as the point of contact for customers on contractual matters. He acts as a contractual middleman between company employees and customers to ensure timely review, approval, and reconciliation of variations.)L2) Contract Manager. In an organization with centralized contracting, there would usually be another person who controls the contract, called a contract manager or contract administrator. He is the only one with the authority to change the contract. He also serves as the point of contact for customers on contractual matters. He acts as a contractual middleman between company employees and customers to ensure timely review, approval, and reconciliation of variations.
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Question 53 of 200
53. Question
Which of the following are the MOST important inputs to derive the total funding requirements and periodic funding requirements of the project?.
Correct
Cost Baseline and Management Reserve. The total funds required on the project are included in the cost baseline, along with any management reserve. Remember, the cost baseline includes contingency reserves and will include projected expenditures plus anticipated liabilities. Please refer to PMBOK 5th edition Project Cost Management PN 210 for more details.)L2) Cost Baseline and Management Reserve. The total funds required on the project are included in the cost baseline, along with any management reserve. Remember, the cost baseline includes contingency reserves and will include projected expenditures plus anticipated liabilities. Please refer to PMBOK 5th edition Project Cost Management PN 210 for more details.
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Question 54 of 200
54. Question
For your project, you have sent a request to the procurement department for the purchase of 1000 laptops. A few days later, you are told that the PO has been issued to XYZ Inc. You inform Mandy, one of your friends who work for this organization, about this transaction. As per PMI, are you in violation?
Correct
No, you informed Mandy after the PO was issued. Therefore, there is no violation of professional responsibility because confidential information has not been leaked. Correct Answer is B. Since the PO has already been issued and the transaction is public now, there is no confidential information being leaked. If the transaction had been shared prior to the issuance of the PO then it would have been a violation of responsibility.
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Question 55 of 200
55. Question
Which of the following is NOT part of closing processes?
Correct
Verifying that the product meets the requirements is quality control and is part of Controlling process.
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Question 56 of 200
56. Question
As a project manager for the FLR project, recently you added a new member to your project team. This new team member was hired from a competitor and he has offered to share confidential information about projects from his previous company. This information will obviously be of great importance to you and for your organization’s future business. You should:
Correct
Review the condition of employment with the new hire and advise her to reconsider the offer. Correct Answer is B. Options b and c are quite close to be the correct answer, but Option b appears more relevant since it is from the organization’s perspective and not only from the project’s perspective.
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Question 57 of 200
57. Question
Post the mid review of your project, EV is 42% against PV of 50%. The project manager intends to makeup for the 5%. The project sponsor has set aside Rs.100,000 as management reserve. Instead of using it to hire temporary labor or pay overtime, the project manager is using it as an incentive for the team to catch up in 60 days. If the team achieves the deadlines, the money will be used to take the team members and their guests to Miami for an all-expenses paid weekend. What type of power is the project manager referencing?
Correct
Reward. Correct Answer is B. The project manager is rewarding the team by taking them on an all expenses trip to Miami for a weekend and exhibiting his reward power.
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Question 58 of 200
58. Question
Due to a lack of employee training and proper production controls, defects in a production run cause rework which cost the company $250,000. How much of this cost is directly attributable to the employees on the production line?
Correct
$37,500 . Correct Answer is B. Management is directly responsible for 85% of those factors influencing the quality of a product or $212,500. This leaves the employees with the responsibility for the remainder of the cost or $37,500.
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Question 59 of 200
59. Question
The identification of Stakeholders is carried out during which process group?
Correct
The identification and initial analysis of stakeholders occur during the identify stakeholders process, which is part of the Initiating process group.
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Question 60 of 200
60. Question
You are the project manager for a construction company. You are currently working on a project for building a new dam across a river. A recent change in a law governing ecological preservation will impact your project and change your project scope. As a PM what should you do?
Correct
Create a documented change request. Correct Answer is ‘B’. A formal, documented change request is the best course of action for a change request stemming from a law or regulation. Option A is incorrect, as the law or regulation will likely override any existing project implementation. Option C is incorrect, as the project manager and the stakeholder could do very little by consulting than complying with the law in terms of putting through a change management request.
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Question 61 of 200
61. Question
You are a project manager for a major systems integration project. The quality department personnel has requested a quality audit of your project. The team, already under pressure to complete the project within demanding deadlines, objects to the audit. You explain to the team that the purpose of a quality audit is:
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To identify lessons learned that can improve performance on project. Correct Answer is ‘B’. The objective of quality audit is to identify inefficient, ineffective policies and procedures used in the project. An audit can identify the lessons learned and thereby improve the performance of the project. Option A states the organizational quality policy that may not necessarily hold true for the project. Option C is Incorrect since a quality audit is not conducted for the customer’s organization’s processes. Correctness of the cost estimations, as stated in Option D can be ascertained in the Control Quality process.
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Question 62 of 200
62. Question
As per the diagram, what is the earliest date Task H can start?
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12. Correct Answer is B. 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.
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Question 63 of 200
63. Question
You have to select between two projects. Project A with Net Present value (NPV) of $100,000 and Project B with NPV of $70,000. What is the opportunity cost of selecting Project A over Project B?
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$70,000. NPV is the total value of all the future cash flows today, so you should generally select the project with the higher NPV for execution. When you do that, you are actually losing the opportunity to do the other competing project. The opportunity cost is the NPV of the project that you have not selected.
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Question 64 of 200
64. Question
After completing the schedule network analysis, you found out that your project schedule is taking too long and you also find no way to change your network diagram. In such cases, in order to get the project completed faster, what option do you have?
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Crash the Project. There are two ways to do schedule compression. One is fast tracking and another is crashing. The question clearly says that the network diagram cannot change. This means fast tracking is not possible thus leaving the only option available which is crashing. Also, resource leveling is not a schedule compression technique. In order to get more information on the schedule network analysis technique, please refer to Lesson no. 6 of Simplilearn PMP Preparation Course.
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Question 65 of 200
65. Question
Which of the following is NOT true about Monte Carlo Simulation?
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A common misconception about Monte Carlo simulation is that the computational effort is combinatorial (exponential) in the number of uncertain inputs thus making it impractical for large models
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Question 66 of 200
66. Question
Margaret works for a consulting company that regularly acquires project teams for any new assignments. Once the assignment is over, the team is dissolved. What kind of organization is Margaret working for?
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Projectized. In order to find out more about the different types of project organizations, please refer to Lesson number 2 of Simplilearn PMP Preparation course.
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Question 67 of 200
67. Question
Brainstorming is an example of which group task type (Steiner (1972))?
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Additive. This a dummy question. You can see such questions in the PMI exam whose terminology is known or similar to PMBOK, but are included in the PMI exam to judge the difficulty level
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Question 68 of 200
68. Question
A project manager is studying the project contract and going through the narrative description of products and services to be supplied under contract. He is also meeting key stakeholders and subject matter experts to evaluate whether or not the project is worth the required investment. Which of the following documents would be created as an output in the process?
Correct
Project Charter. The project manager is in the develop project charter process in project integration management and using statement of work to understand the product requirements and descriptions. The output of this process is a project charter which once approved formally initiates the project. A project charter documents high level project descriptions and business needs of the project, along with a current understanding of the customer\’s needs, risks, name of the sponsor, etc.
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Question 69 of 200
69. Question
Which of the following BEST describes the project manager’s role as an integrator?
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Integration refers to combining activities, not team members.
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Question 70 of 200
70. Question
You have been involved in creating the project charter, but could not get it approved. Your manager and his boss have asked that the project begin immediately. Which of the following is the best thing to do?
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The best thing to do would be to show the impact. This is the only choice that prevents future problems-always the best choice. The other choices just pretend the problem does not exist.
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Question 71 of 200
71. Question
Which of the following is the best project management tool to use to determine the longest time the project will take?
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The bar chart may show an end date, but it is not used to determine dates. The project charter also may include a required end date, but not a logical determination of how long the project will take. The network diagram takes the activities from the activity list and adds dependencies. The dependencies allow us to look at the various paths through the diagram to determine the longest duration (critical) path. The network diagram is the best answer.
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Question 72 of 200
72. Question
During project executing, a large number of changes are made of the project. The project manager should:
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Waiting until all changes are known, and then printing out a new schedule, is a common error many project managers make. Instead, the project manager should be controlling the project throughout its completion. The situation in the question does not provide a reason to believe the schedule baseline must be changed. A project manager must be in control of the project, rather than consulting with management before making any changes. Whenever a large number of changes occur on a project, it is wise to confirm that the business case, as stated in the project charter, is still valid.
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Question 73 of 200
73. Question
To what does the following definition refer? “ The point where the benefits or revenue to be received from improving quality equals the incremental cost to achieve that quality”
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This is the definition of marginal analysis. Know the term so you will be able to answer questions that deal with this concept. The other choices may sound good, but they are made-up terms.
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Question 74 of 200
74. Question
A project manager has a project team consisting of people in four countries. The project is very important to the company, and the project manager is concerned about its success. The length of the project schedule is acceptable. What type of communication should he use?
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Because of the differences in culture and the distance between team members, formal written communication is needed.
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Question 75 of 200
75. Question
A particular stakeholder has a reputation for requesting may changes on projects. What is the best approach a project manager can take at the beginning of the project to manage this situation?
Correct
The project manager cannot avoid the stakeholder, because he has a stake in the project. The project manager can say “No,” but this does not solve the root cause of the problem. There may be some good ideas within those change requests. The only choice that deals with the problem is getting the stakeholder involved in the project as soon as possible. Changes generally arise due to lack of input at the beginning of the project. If the project manager begins effective communication with this stakeholder early, there is a much better chance his changes will be discovered during the planning process, when they will have less of an impact on the project.
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Question 76 of 200
76. Question
A project manager is working in a country where it is customary to pay the police for private protection services. The project manager’s supervisor tells him that in another country, that would be considered a bribe. What is the best way for the project manager to proceed?
Correct
Pay the police for private protection services, because it is customary in the country they are operation in
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Question 77 of 200
77. Question
Your are managing a project with a total budget of $450,000. According to the schedule, your team should have completed 45% of the work by now. But at the latest status meeting, the team only reported that 40% of the work has actually been completed. The team has spent $165,000 so far on the project. How would you best describe this project?
Correct
The project is behind schedule and within its budget
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Question 78 of 200
78. Question
Your project files need to be sent via overnight mail to your company’s central office. If the files do not arrive tomorrow, you 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?
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You must stay within the speed limit, even if you lose the client
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Question 79 of 200
79. Question
Which of the following is NOT an output of the close Project process?
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Project management methodology
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Question 80 of 200
80. Question
You have identified an opportunity to potentially increase the project’s value. Which of the following is an example of enhancing that opportunity?
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By taking additional actions, you increase the potential reward without reducing its probability
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Question 81 of 200
81. Question
Complete the following sentence: “The later a defect is found, _____.”
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The more expensive it is to repair
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Question 82 of 200
82. Question
Which of the following is NOT an input of the contract Administration process?
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Procurement Management plan
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Question 83 of 200
83. Question
The project charter is typically approved by the project sponsor, although some charters can be approved by key stakeholders instead. Which of the following best describes the role of the project sponsor on the project?
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The sponsor provides funding for the project
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Question 84 of 200
84. Question
Over half of conflicts on projects are caused by:
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Resources, priorities, schedules
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Question 85 of 200
85. Question
You are currently in the process of analyzing activity sequences, duration, resource requirements,and schedule to create the project schedule. Which of the following are not tools/ techniques youcan use?
Correct
Estimating the basis of activity duration by multiplying the quantity of work to be performed by the productivity rate.
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Question 86 of 200
86. Question
You are currently the project manager for a software development project, developing a next generation data-mining tool. Your team is developing a new software product that will help customers better manage large volumes of data, especially for data reporting purposes. Your team has just completed one of the project phasesdeveloping a simple prototype system. You would like to have prototype reviewed prior to deciding whether to move to the next phase of the project. According to the PMI, these types of reviews are NOT called:
Correct
Milestones
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Question 87 of 200
87. Question
All of the following statements are true regarding procurement negotiations EXCEPT:
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The project manager should be the lead negotiator on the contract
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Question 88 of 200
88. Question
Your project uses project costs as a component for a reward and recognition system. For the reward and recognition system to be effective,
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Controllable and Uncontrollable costs must be budgeted separately
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Question 89 of 200
89. Question
Which project will you select?
Correct
Project B with Sunk Cost of $ 5,000; Opportunity cost $ 3,000
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Question 90 of 200
90. Question
As a project manager, you appreciate the importance of using best practices available in the industry – that way you can capitalize on the lessons learned by your predecessors and other projects. When used for Sequence Activities, best practices are an example of:
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Preferred Logic
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Question 91 of 200
91. Question
Identifying, documenting, and assigning project roles, responsibilities, and reporting relationships is done as partof:
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Organizational Planning
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Question 92 of 200
92. Question
Planned and Systematic activities performed throughout the project, and implemented within the quality system to provide confidence that the project will satisfy the relevant qualitystandards is also referred to as:
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Perform Quality Assurance
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Question 93 of 200
93. Question
You are in the build phase of your project, when you realize that because of a design error, the product will not meet the performance parameters specified by the customer. In this context, what should you do first:
Correct
Discuss with your team to try to find out alternatives means to solve the issue
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Question 94 of 200
94. Question
To examine project results over time to determine if performance is improving or deteriorating, you would use:
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Trend Analysis
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Question 95 of 200
95. Question
Identifying, documenting, and assigning project roles, responsibilities, and reporting relationships is done as part of:
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Organizational Planning
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Question 96 of 200
96. Question
All the following statements about IRR (Internal Rate of Return) and NPV (Net Present Value) are correct EXCEPT:
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The prevailing market rate is used for Net Present Value Calculations
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Question 97 of 200
97. Question
A project manager is in the ‘Control Procurements’ process when his sponsor asks him to terminate the contract. What should the project manager do NEXT?
Correct
Proceed with Procurement Audit. All contracts must go through formal closure whether they are finished successfully or terminated. As a part of the closure procedure, a procurement audit should be done to review procurement processes from plan purchases to contract administration and identify success and failure.
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Question 98 of 200
98. Question
After assigning you as the project manager of a project, your project sponsor ask you to come up with the total funding requirements for the project. The total funding requirements for your project will be?
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The total funds include cost baseline plus management reserves if any . The total funds required for the project are those included in cost baseline plus management reserves. Cost baseline includes contingency reserves for the risk remaining after risk response planning. A management reserve is an extra amount of funds to be set aside to cover unforeseen risks or changes in the project and total fund requirement for the project would include management reserves. Option (a
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Question 99 of 200
99. Question
Which estimate technique does the Program Evaluation and Review Technique (PERT) use to define the approximate range of activity costs?.
Correct
Three Point Estimate Technique. Program Evaluation and Review Technique (PERT
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Question 100 of 200
100. Question
Which of the following is NOT an input to the Plan Stakeholder Management Process?.
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Stakeholder Management Plan. Stakeholder management plan is an OUTPUT not an input to the process.
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Question 101 of 200
101. Question
Of the following, which is not an exit criterion?.
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Stakeholder analysis. Of the stated options, all are criteria for exit, while stakeholder analysis is an activity in the initiation process group.
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Question 102 of 200
102. Question
You are a project manager in the process of performing the work defined in the project management plan to achieve the project objectives. You are in which process ?
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Direct and Manage project work. The project manager is currently in the process of direct and manage project work which is a part of the execution process group.)L2) Direct and Manage project work. The project manager is currently in the process of direct and manage project work which is a part of the execution process group.
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Question 103 of 200
103. Question
You are a vendor and you are discussing project closure with your customer. All of the following would be outputs of closing a project except?
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Lessons learned is the least suitable option. You would probably look at lessons learned within your organization and not involve the customer.)L2) Lessons learned is the least suitable option. You would probably look at lessons learned within your organization and not involve the customer.
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Question 104 of 200
104. Question
Which of the following is not a measure of the profitability of a project or program?
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Depreciation. Correct Answer is ‘C’. Options A, B and D, i.e. ‘return on original investment’, ‘net present value’ and ‘discounted cash flow’, are measures of the profitability of a project or program. Depreciation is the loss of value of an asset because of its usage, so this is not a measure of the profitability of a project or program.
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Question 105 of 200
105. Question
The procurement process can be a challenge if your vendors are not responsive to customer requests for information. Part of this procurement process might include a procurement audit. What is the objective of a procurement audit?
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To identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts on the project. Correct Answer is ‘C’.
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Question 106 of 200
106. Question
A customer in the later part of project execution wants to add scope to the project . The project manager discusses this change with the customer and raises a written change request. He then evaluates if this change can be addressed through project reserves and explores alternatives. The project manager finds that this addition would result in missing the next milestone delivery. What should the project manager do NEXT?
Correct
Get an approval from the Change Control Board. Correct answer is C. Since the project affects the milestone deliverables it is best to gain approval from the change control board. The board would have the responsibility to review change requests to determine if additional analysis is warranted. They can also approve or reject project changes. The change control board can include the project sponsor, customer, experts, and others besides the project manager.
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Question 107 of 200
107. Question
The swiftest and most effective communication occurs among people which have?
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Common points of view. Correct Answer is ‘C’. Communication proves to be the swiftest and the most effective when people with common viewpoints communicate.
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Question 108 of 200
108. Question
A project team working on an important project was suddenly informed by the customer that the budget for the project was revoked and the customer can no longer make payments. What should the project manager do?
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Closure processes will need to be invoked regardless of any other action that might be taken subsequently. Hence C is the best answer.
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Question 109 of 200
109. Question
Which of the following is a ‘hygiene factor’ under Herzberg’s Motivation-Hygiene Theory?
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Good relations with coworkers and managers. Correct Answer is C. Herzberg’s Motivation-Hygiene Theory states that people need things like good working conditions, a satisfying personal life, and good relations with the boss and coworkers-these are called ‘hygiene factors.’ Until people have them, they generally don’t care about ‘motivation factors’ like achievement, recognition, personal growth, or career advancement.
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Question 110 of 200
110. Question
Within an organization, leadership influence will be dependent upon the type of ——– that the leader can exercise over the followers.
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Power. This a dummy question. You can see such questions in the PMI exam whose terminology is known or similar to PMBOK, but are included in the PMI exam to judge the difficulty level.
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Question 111 of 200
111. Question
You have to catch a flight to submit a tender document for a strategic project for your company. You are running late for the flight, but there is a possibility that you can speed and catch the flight. What would you do?
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Don’t speed because it’s dangerous and against law. Remember, PMI is against violating any applicable law, including traffic laws..
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Question 112 of 200
112. Question
Adair claims that the effectiveness of a leader is dependent upon meeting ——–areas of need within the work group.
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Three. This a dummy question. You can see such questions in the PMI exam whose terminology is known or similar to PMBOK, but are included in the PMI exam to judge the difficulty level.
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Question 113 of 200
113. Question
There are four projects A, B, C and D. One of them has to be selected for execution. Project A has an internal rate of return (IRR) of 22%, project B has IRR of 25%, project C has IRR of 19%, and project D has IRR of 17%. Which project will you take up for execution?
Correct
Project B. An internal rate of return can be thought of keeping your money in a bank account. You will choose the bank which gives the maximum return. The same is true for the project. You need to select the project which has the highest internal rate of return.
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Question 114 of 200
114. Question
You are assigned as the project manager of a new engineering design project, which is about to close. The customer asks for a major change. What would you do in this scenario?
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The project is nearly complete (about to close) and the impact of the change is known to be major. Therefore, you need to first get direction from your management before responding to the customer.
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Question 115 of 200
115. Question
Tannenbaum and Schmidt’s continuum of possible leadership behavior identifies four main styles of leadership by the manager. What are they?
Correct
Tells, sells, consults, and joins. This a dummy question. You can see such questions in the PMI exam whose terminology is known or similar to PMBOK, but are included in the PMI exam to judge the difficulty level.
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Question 116 of 200
116. Question
Which of the following is not a technique to plan procurements?
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Bidder Conference. A bidder conference is a technique of conduct procurements. The other three are techniques of plan procurements.
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Question 117 of 200
117. Question
A customer asked you to work on a contract scope of work for 6 months and come back to him when the work is completed. As a project manager of the vendor organization, what should you do?
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Complete the work as requested, but keep verifying the scope with the customer. Although the customer has requested not to be contacted, you should keep verifying what you are doing to ensure there is no gap in understanding the requirements.
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Question 118 of 200
118. Question
What’s the main purpose of the project charter?
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It authorizes the project manager to use organization resources to execute the project. It gives the project manager authority to spend money and commit corporate resources to the project. In. most project situations, the project team does not report to the project manager in the corporate structure. This reporting structure can lead to cooperation and performance issues. The project charter helps resolve these issues
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Question 119 of 200
119. Question
Who does the project team report to in a projectized organization?
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Project Manager. This must have been an easy question for you
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Question 120 of 200
120. Question
As a project manager, you have called for a risk review meeting. While going through the risk register, you found out that there is a risk that cannot be avoided or transferred and the impact or probability cannot be mitigated. What would you do?
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Just wait for risk to occur as you have already implemented all of the risk response strategies. Since you have already implemented all of the risk management strategies, you can just wait for risk to occur. If it occurs follow your contingency plan.
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Question 121 of 200
121. Question
One of your team members is not cooperative and he has a reputation of getting into frequent problems with other team members. What should you do to handle this team member?
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Address this concern directly with the team member. Whenever there is an issue, as a project manager, you should address it. In this case, there is an issue with the behavior of the team member and the right process to handle is to confront the issue directly with the team member.
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Question 122 of 200
122. Question
You are a project manager of a highly visible and critical project in your company . This project was initiated with much fanfare and you have some of the best technical experts as a part of the project team. You are in process planning and detailing the scope of the project when you hear the project is being terminated. What could be the MOST likely cause?
Correct
The project sponsor failed to support the project. The answer to this question can be reached by process of elimination. Since the project is already initiated and is in the planning stage option (a) and (d) can’t be true. There is no evidence to believe option (b) and the most probable explanation could be failure to support project by sponsor. The term sponsor, by definition, suggests a financial responsibility. This sponsor is thought to ‘own’ the project and is considered responsible for ensuring its success. He/she is also typically the one who proposes the project in the first place; whose business unit reaps its benefits.
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Question 123 of 200
123. Question
Which of the following is NOT a tool used in the perform qualitative risk analysis process?
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Monte Carlo Simulation. Monte Carlo Simulations are typically associated with the quantitative risk analysis process. It generates the output as a range instead of a fixed value and shows how likely the output value is to occur in the range.
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Question 124 of 200
124. Question
A project manager wants to determine the variance for an activity estimate using a three point estimate with the 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.
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Question 125 of 200
125. Question
You are a project manager and in the early phase of estimating the cost of the project. You use the analogous method of estimating and have come up with the rough order of magnitude. While presenting it to your sponsor and stakeholders, one of the stakeholders asks if you have also done life cycle costing for the project. What is your BEST response?
Correct
Life cycle costing provides the lowest long term cost of ownership and should be used as a management decision tool. Although project cost management is primarily concerned with the cost of the resources needed to complete the project (option a partly true), it should also consider the effect of project decisions on the subsequent recurring cost of using, maintaining, and supporting the project. Hence life cycle cost analysis can be used to assist management in the decision-making process. Remember, life cycle costing looks at the entire cost of the product (not just the cost of project).
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Question 126 of 200
126. Question
A project manager working in a matrix project environment feels there is some discontent in the team members related to their dual reporting and the role of project manager on the project. The project manager wants to communicate with the team to clarify their doubts. What is the BEST form of communication for addressing this problem ?
Correct
Face-to-face meeting . A face-to-face meeting is ideal for project communication. It gives the project manager an avenue to understand the reasons for discontent and clarify their doubts. Face-to- face meetings have an added advantage of being accompanied with non-verbal (body movements, physical mannerisms) and paralingual (pitch and tone of voice) communication methods.
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Question 127 of 200
127. Question
The decision to close a project is taken during which process group?
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The decision to close a project (normal or abnormal termination) is taken during the controlling processes
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Question 128 of 200
128. Question
Which of the following is a tool and technique for the Determine budget process?
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Funding limit reconciliation is one of the techniques used in the Determine budget process. See Page 208 of the PMBOK 5th edition
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Question 129 of 200
129. Question
Which of the following BEST describes the major constraints on a project?
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“Scope, time, cost, quality, risk, resources, and customer satisfaction” is the most accurate list of constraints, or competing demands, that a project manager must deal with.
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Question 130 of 200
130. Question
Operational work is different from project work in that operational work is:
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Operational work is that which is ongoing to sustain an organization.
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Question 131 of 200
131. Question
The person who should be in control of the project during project planning is the:
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The project manager should be named early in the project, during project initiating if possible. It is then his or her responsibility to control the project throughout its life.
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Question 132 of 200
132. Question
During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The best thing for the project manager to do is to:
Correct
Although one could let the sponsor know about the stakeholders’ request, the best choice listed would be to say no, as this was already considered. An even better choice would be to find the root cause of the problem, but that choice is not listed here.
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Question 133 of 200
133. Question
The WBS, estimates for each work package, and the network diagram are completed. The next thing for the project manager to do is:
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Sequencing the activities is the same thing as creating a network diagram, so that has already been done. The Validate Scope process is done during project monitoring and controlling, not during project planning. Since a schedule is an input to risk management, risk management comes after the creation of a preliminary schedule, and so that is not the “next thing to do.” Creating the preliminary schedule is next.
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Question 134 of 200
134. Question
A schedule performance index (SPI) of 0.76 means:
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Earned value questions ask for a calculation or an interpretation of the results. In this case, the project is progressing at 76 percent of the rate planned.
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Question 135 of 200
135. Question
All of the following result from quality audits EXCEPT:
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Quality metrics are an output of the Plan Quality Management process. They are an input to the Perform Quality Assurance process, the process in which quality audits take place.
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Question 136 of 200
136. Question
The new software installation project is in progress. The project manager is working with the quality assurance department to improve stakeholders’ confidence that the project will satisfy the quality standards. Which of the following MUST they have before they start this process?
Correct
Though quality problems MAY lead to quality assurance efforts, they are not a MUST. Quality improvement is a result of Perform Quality Assurance, not an input. Rework (or defect repair) can be an output of Control Quality. That leaves only quality control measurements, which are inputs to the Perform Quality Assurance process.
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Question 137 of 200
137. Question
During every project team meeting, the project manager asks each team member to describe the work he or she is doing, and the project manager assigns new activities to team members. The length of these meetings has increased because there are many different activities to assign. This could be happening for all the following reasons EXCEPT:
Correct
The lack of a WBS, responsibility assignment matrix, or team involvement in planning could contribute to excessively long meetings to assign resources to activities. Resource leveling refers to maintaining the same number of resources on the project for each time period and would not impact the length of meetings.
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Question 138 of 200
138. Question
The project has been challenging to manage. Everyone has been on edge due to pressure to complete the project on time. Unfortunately, the tension has grown to the point where team meetings have become shouting matches and little work is accomplished during the meetings. One team member asks to be excused from future team meetings, as all the shouting upsets him. Meanwhile, the sponsor has expressed interest in attending future team meetings in order to better understand how the project is going and this issues involved in completing the project, and the customer has started discussions about adding scope to the project. In this situation, it would be best for the project manager to:
Correct
Here is a situation where all four choices could be done, but there is one BEST answer. Asking the sponsor if the information could be sent in a report does not solve the root cause of the problem described. Informing the team member of the value of communication in meetings merely dismisses the concerns of the team member and might cause anger. A team-building exercise would take planning and so could not be done right away. Remember, the sponsor might be attending the next meeting and at least one team member might not attend because of past problems. The best thing to do would be to set up new ground rules governing team behavior and then plan a team-building exercise.
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Question 139 of 200
139. Question
Once signed, a contract is legally binding unless:
Correct
Once signed, a contract is binding. Generally; the inability to perform or get financing, or one party’s belief that the contract is null and void does not change the fact that the contract is binding. If, however, both sides agree to terminate the contract, the contract can move into the Close Procurements process.
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Question 140 of 200
140. Question
Your company has an emergency and needs contracted work done as soon as possible. Under these circumstances, which of the following would be the most helpful to add to the contract?
Correct
If you follow the proper project management process, you ALWAYS have good definition of scope (in this case, the procurement statement of work). In this situation, both good scope definition and incentives are required. Along with good scope definition, you need the seller to share your need for speed. Incentives bring the seller’s objectives in line with the buyer’s and thus would be the MOST helpful. Good scope definition alone does not ensure speed.
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Question 141 of 200
141. Question
You have always been asked by your management to cut your project cost estimates by 10 recent after you have submitted them. The scope of your new project is unclear and there are over 30 stakeholders. Management expects a 25 percent reduction in downtime as a result of the project. Which of the following is the best course of action in this situation?
Correct
This is a common problem on projects. If your estimates are accurate, you are ethically bound to stand by them. Management’s only option to cut cost is to support the project manager in looking for alternatives related to all project constraints.
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Question 142 of 200
142. Question
A project manager discovers a defect in a deliverable that is due to the customer under contract today. The project manager knows the customer does not have the technical understanding to notice the defect. The deliverable meets the contract requirement, but it does not meet the project manager’s quality standard. What should the project manager do in this situation?
Correct
Issuing the deliverable as it is does not protect the best interests of the customer. Simply noting the issue in lessons learned does not solve the problem. informing the customer that the deliverable will be late will cause a default of contract. Although the deliverable meets the contractual requirements, it is best to bring the problem to the customer’s attention so an option that does no harm can be found.
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Question 143 of 200
143. 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 two months, and is 35% with the job. Two of your team members come to you with a conflict about how to handle the ongoing maintenance for a piece of equipment. You know that they can safety ignore the problem for a while, and you’re concerned that if your project falls behind schedule before next week’s stakeholder meeting. It will cause problems in the future. You tell two team members that the problem really isn’t as bad as they think it is, and if they take a few days to cool off about it you’ll help them with a solution. This approach to conflict resolution is known as:
Correct
Smoothing
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Question 144 of 200
144. Question
A project manager is creating a report of the final status of a closed project to the stakeholders. Which of the following is not used in a final project report to communicate the status of a project?
Correct
Scope baseline
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Question 145 of 200
145. Question
You are project manager responsible for constructing a new sports arena for the upcoming Olympics.Construction begins on a project over a year ago. The stakeholders of the project want a status report on theperformance of the project to date. You’ve obtained the following measurements:BAC=500, PV=500, AC=200, EV=300, CPI=1.5You believe the type of variances that have occurred on the project to date aretypicalexpect these variances to continue throughout the project. Based on the informationabove, what is the ETC for the project?
Correct
133.33
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