PMP Mock Test 7
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Question 1 of 200
1. Question
There are three projects A, B, and C. NPV for project A is $50,000 and for project B is $ 80,000 and for project C is $ 40,000. In an earlier meeting, the senior management unanimously decides to go with projects A and C .What is the opportunity cost associated with that choice?
Correct
$80,000 Opportunity cost is the cost of giving up the opportunity by selecting a project (s
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Question 2 of 200
2. Question
What is the 100% rule in the Work Breakdown Structure creation?.
Correct
The total of work at lowest level adds up to the higher levels so no work is left out and no extra work is completed. WBS should be both exhaustive and complete to capture only the work required to be completed and nothing more. Refer PMBOK 5th Edition Project Scope Management PN 132.
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Question 3 of 200
3. Question
You are managing a large project which has many stakeholders across various departments in the organization. During the planning stage, you created a communication management plan based on the project organization structure and external stakeholder requirements in order to manage the flow of project information. Now while executing the project, one of the stakeholders contacts you and informs you that his expectations are not accounted for in the project. What is the BEST thing for you to do in this situation?
Correct
Understand his expectations and update project documents accordingly starting with stakeholder register. Managing stakeholder expectations and establishing an effective communication with them is one of the most critical activities for project success. The project manager should update the project documents according to the requirements of the stakeholders. Option (b
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Question 4 of 200
4. Question
You have just been assigned as the project manager of a project for which a prototype was recently delivered. The sponsor of the project calls you and gives you an overall estimate for the project. This form of estimating is known as?.
Correct
Analogous Estimate. Analogous Estimate (also called Top down approach
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Question 5 of 200
5. Question
Which of the following is the most frequent source of conflict on a project?.
Correct
Schedule. The top-ranking sources of conflict are schedules. Scheduling is probably one of the toughest obligations of most project managers. Next on the list are project priorities. Project managers need to attend to the projects of the organization. Sometimes conflict arises some projects are given more attention and importance than others. Third on the list is a manpower resource. Lack of individuals to work on a certain project may cause pressure. When people start to feel the intensity of pressure, they also start cramming and become less motivated to work on it. Technical conflict and administrative procedures come next on the list. Finally, cost objectives and personality conflicts complete the list of the seven sources of conflict.)L2) Schedule. The top-ranking sources of conflict are schedules. Scheduling is probably one of the toughest obligations of most project managers. Next on the list are project priorities. Project managers need to attend to the projects of the organization. Sometimes conflict arises some projects are given more attention and importance than others. Third on the list is a manpower resource. Lack of individuals to work on a certain project may cause pressure. When people start to feel the intensity of pressure, they also start cramming and become less motivated to work on it. Technical conflict and administrative procedures come next on the list. Finally, cost objectives and personality conflicts complete the list of the seven sources of conflict.
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Question 6 of 200
6. Question
A project manager is in the process of evaluating and prioritizing risks on the project by calculating the Risk Priority Number (RPN) for the risks. A Risk priority number will consider which of the following factors?
Correct
Probability, Impact, and Timeframe. To calculate the Risk Priority number (RPN) for the risks, probability, impact, and timeframe are used. The formula for risk is Probability * Impact * Timeframe (P*I*T). These three elements determine each risk’s Risk Priority Number (RPN)L2) Probability, Impact, and Timeframe. To calculate the Risk Priority number (RPN) for the risks, probability, impact, and timeframe are used. The formula for risk is Probability * Impact * Timeframe (P*I*T). These three elements determine each risk’s Risk Priority Number (RPN) by multiplying attribute ratings for probability, impact, and timeframe. The timeframe allows the project to readily assess prioritization. Prioritizing the risks relative to one another assists the team in deciding how to allocate resources for mitigation, especially when there are a large number of identified risks.
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Question 7 of 200
7. Question
As a project manager of a research project which is in the middle of the execution, you realize that your original estimates were flawed and are no longer valid. Which of the following formula would help you develop a forecasted Estimate at Completion (EAC)? Here AC is the Actual Cost, EV is the Earned Value, ETC is Estimate to Complete, CPI is Cost Performance Index, and BAC is Budget at Completion
Correct
EAC = AC + Bottom up ETC. In this scenario, the new forecasts for Estimate at Completion (EAC) would be based on new estimates to complete the remaining work or ETC. The most common EAC forecasting approach is a manual, bottom-up summation by the project team. Please refer to PMBOK 5th edition Project Cost Management PN 217 for more details.L2) EAC = AC + Bottom up ETC. In this scenario, the new forecasts for Estimate at Completion (EAC) would be based on new estimates to complete the remaining work or ETC. The most common EAC forecasting approach is a manual, bottom-up summation by the project team. Please refer to PMBOK 5th edition Project Cost Management PN 217 for more details.
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Question 8 of 200
8. Question
A project manager has derived quality metrics, along with tolerance limits for his project. Which process is he in?
Correct
Plan Quality Management. Quality metrics are determined as an output to the plan quality process, along with tolerance limits for each of them. A metric would give the actual value or the measurement of a project or product attribute, whereas a tolerance defines the allowable variations in the metrics. The selection of these metrics on a project would heavily depend on the type of project and the objective of collecting the metrics.)L2) Plan Quality Management. Quality metrics are determined as an output to the plan quality process, along with tolerance limits for each of them. A metric would give the actual value or the measurement of a project or product attribute, whereas a tolerance defines the allowable variations in the metrics. The selection of these metrics on a project would heavily depend on the type of project and the objective of collecting the metrics.
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Question 9 of 200
9. Question
Rolling wave planning is a form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail and future work is planned at a higher level of the WBS. Which process uses rolling wave planning as a tool and technique?
Correct
Define Activities. Correct Answer is ‘A’. The define activities process uses rolling wave planning as a tool and technique.
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Question 10 of 200
10. Question
Senior management needs to be informed regarding the progress of your project. You will be making progress reports based on the scope, schedule, and cost details provided in the:
Correct
Project Management Plan. Correct Answer is A. Project management plan is the basis for project execution. Hence, progress reports are prepared.
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Question 11 of 200
11. Question
Which of the following BEST describes when you perform the monitor and control project work process?
Correct
Continuously throughout the project. Correct answer is A. As a project manager, you need to constantly monitor the project for changes and take the appropriate action whenever you make a change.
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Question 12 of 200
12. Question
Which of the following are the project constraints defined by PMI?
Correct
Scope, Quality, Schedule, Budget, Resources and Risk. Correct answer is A. The project constraints defined by PMI are Scope, Quality, Schedule, Budget, Resources and Risk. Refer PMBOK 5th edition Page 12
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Question 13 of 200
13. Question
As a project manager for a seminar and training session with approximately 2,000-2,500 employees attending, you have rented a hall for the seminar. However, you are unsure exactly how many people will attend. Moreover, the number of tables required will change depending on attendance. The cost of the furniture should be considered?
Correct
Variable cost. Correct answer is A. This should be considered variable cost as the cost will vary depending on the number of attendees.
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Question 14 of 200
14. Question
In every project, which process groups must always be included?
Correct
Initiating, Planning, Executing, Monitoring and Controlling, Closing. Correct Answer is A. In every project, all of the five process groups must be included, but the level of attention given to each process group will be governed by the project manager depending on the project size and complexity.
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Question 15 of 200
15. Question
Your project has a virtual team. Half of your team members are located in another country where they are working for a subcontractor. The subcontractor’s team members speak a different accent of English than your team does. After a conference call, two of your team members make jokes about the way your subcontractor’s team members speak. What is the BEST way to handle this situation?
Correct
Correct the team members individually and hold a training session for your team to help remove communications barriers. Correct answer is A. As per PMI, it’s unacceptable to belittle anyone based on how they speak, the way they dress, or any other aspect of their cultural background. If you see a member of your team doing this, it’s your responsibility to do what’s necessary to correct the behavior and prevent it from happening in the future.
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Question 16 of 200
16. Question
Which of the following is the highest point in Maslow Hierarchy of Needs?
Correct
Self Actualization. You are expected to know about Maslow’s Hierarchy of Needs. In order to find out more about Maslow’s Hierarchy of Needs refer to Lesson number 9 of Simplilearn PMP Preparation Course.
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Question 17 of 200
17. Question
Which of the following is not an advantage of a functional organization?
Correct
Project Manager having little or no authority. The first three are advantages of a functional organization. If you are not clear with what functional organizations are, please refer to Lesson no. 2 of Simplilearn PMP Preparation Course.
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Question 18 of 200
18. Question
A CEO from his Paris office wishes to communicate with the technical officer in China . The correct procedure would be?
Correct
The CEO will encode the message from French to Chinese, the technical staff will decode it from Chinese to French. Remember, each message is encoded by the sender and decoded by the receiver based on the receiver’s education, language, experience, and culture. For more information please refer to PMBOK 5th edition Project Communication Management PN 293.
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Question 19 of 200
19. Question
The method of examining work or a product to determine whether it conforms to documented standards is called?
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Inspection . Inspection is the examination of work or a product to determine whether it conforms to documented standards. It is also called peer reviews, reviews audits, or walkthroughs. Inspection can be done at any level in the project and can also be used to validate defect repairs.
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Question 20 of 200
20. Question
An output of the close project or phase process is the creation of:
Correct
The project charter is created in initiating. The project management plan and risk management plan are outputs of project planning. Project records are archived in the Close Project or Phase process.
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Question 21 of 200
21. Question
You have just joined the project management office after five years of working on projects. One of the things you want to introduce to your company is the value of creating and utilizing work beakdown structures. Some of the project managers are angry that you are asking them to do “extra work.”Which of the following would be BEST thing you could tell the project managers to convince them to use work breakdown structures?
Correct
Work breakdown structures are required on projects of every size, regardless of whether contracts are involved. Work breakdown structures can be used to help identify risks, but risks can be identified using other methods as well. Preventing work from being forgotten (slipping through the cracks) is one of the main reasons the tool is used, and is the best choice offered here.
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Question 22 of 200
22. Question
During which project management process group are budget forecasts created?
Correct
Budget forecasts are an output of Control Costs, which is part of monitoring and controlling.
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Question 23 of 200
23. Question
Your cost forecast shows that you will have a cost overrun at the end of the project. Which of the following should you do?
Correct
Look for the choice that would have the least negative impact on this situation. You would not need to meet with the sponsor to determine which work can be done sooner. Cutting quality and decreasing scope always have negative effects. The choice with the least negative impact is to eliminate risks in estimates and reestimate.
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Question 24 of 200
24. Question
The difference between the cost baseline and the cost budget can be best described as:
Correct
Cost accounts are included in the project cost estimate, and the contingency reserves are added to that to come up with the cost baseline. Thereafter, the management reserves are added to come up with the cost budget. The management reserves make up the difference between the cost baseline and the cost budget.
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Question 25 of 200
25. Question
During a team meeting, the team adds a specific area of extra work of the project because they have determined it would benefit the customer. What is wrong in this situation?
Correct
This is an example of gold plating. You should provide ONLY what the customer asked for. The team does not know if their change will provide benefit to the customer. The team should focus their efforts on fulfilling the requirements.
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Question 26 of 200
26. Question
The project is just starting out and consists of people from 14 different departments. The project charter was signed by one person and contains over 30 major requirements that must be met on the project. The sponsor has informed the project manager that the SPI must be kept between 0.95 and 1.1.A few minutes of investigation resulted in the identification of 34 stakeholders, and the schedule objectives on the project are constrained. The project manager has just been hired. Which of the following types of project management power will best help the project manager gain the cooperation of others?
Correct
Generally, the best forms of power are reward or expert. The project manager has not had time to become a recognized expert in the company and reward power is not included as a choice here. This leaves formal power as the only logical answer.
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Question 27 of 200
27. Question
The management theory that states that people can direct their own efforts is:
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Theory Y is the belief that people can direct their own efforts. Know the difference between Theory X and Theory Y for the exam.
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Question 28 of 200
28. Question
Which of the following risk events is most likely to interfere with attaining a project’s schedule objective?
Correct
Cost increases and contract disputes for payments will not necessarily interfere with schedule. If a “post-implementation” review meeting slips, it may not interfere with the project schedule. Delays in obtaining required approvals is the only choice that always causes a time delay, and is therefore the most likely to threaten the project schedule.
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Question 29 of 200
29. Question
Outputs of the plan risk responses process include:
Correct
A risk list, process updates, and sensitivity analysis are not outputs of the Plan Risk Responses process. Residual risks, fallback plans, and contingency reserves are all outputs of the Plan Risk Responses process, making this the correct answer.
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Question 30 of 200
30. Question
A project team is creating a project management plan when management asks them to identify project risks and provide some form of qualitative output as soon as possible. What should be project team provide?
Correct
This question essentially asks, “What is an output of Perform Qualitative Risk Analysis?” The probability of achieving time and cost objectives is determined during the Perform Quantitative Risk Analysis process. Risk triggers and contingency reserves are parts of the Plan Risk Responses process. A prioritized list of risks is an output of Perform Qualitative Risk Analysis.
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Question 31 of 200
31. Question
A routine audit of a cost-reimbursable (CR) contract determine that overcharges are being made. If the contract does not specify corrective action, the buyer should:
Correct
Halting all payments would be a breach of contract on the buyer’s part. Voiding the contract and beginning legal action is too severe and cannot be done unilaterally. Changing the contract to require more frequent audits does not solve the problem presented. A choice that said, “Halt payments on the disputed amount” would probably be the best answer, but it is not offered. The best choice available is to continue to make the payments.
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Question 32 of 200
32. Question
The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The sponsor points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manger is concerned that the risk for the buyer be as small as possible. An advantage of a fixed-price contract for the buyer is:
Correct
If you had trouble with this one, you need to remember that the questions are asked from the buyer’s perspective unless otherwise noted. The seller has the most cost risk in a fixed-price contract, and the buyer’s risk is lower.
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Question 33 of 200
33. Question
What type of control do you NOT want to use if you do not have enough labor to audit invoices?
Correct
If you got this question wrong, reread it. You need to audit invoices in all contract types, so how do you choose? Look for the answer that is BEST. In this case, it would be the choice that requires the greatest effort. A T&M contract should be used for low dollar and short duration contracts (remember that a T&M contract has no incentive to finish), so it does not have a high level of risk. FP and FPIF contracts cannot be best, because the risk to the buyer is limited. The buyer is still only going to pay the contracted price. In a CPFF contract, the buyer pays all costs. The seller could be charging the buyer for costs that should not be allocated to the buyer. Because of the size and dollar amount of this type of contract, and because the risk to the buyer is great, a CPFF contract requires the most auditing. In this case, you would not want to use a CPFF contract.
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Question 34 of 200
34. Question
A stakeholders engagement assessment matrix can be used to identify:
Correct
The stakeholders engagement assessment matrix can be used to compare the actual engagement levels of individual stakeholders to the planned levels of engagement. Any discrepancies can be analyzed, and communications to adjust the engagement levels can be implemented.
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Question 35 of 200
35. Question
The stakeholder register is an input to which of the following processes?
Correct
Of the answer choices listed, the stakeholder register is an input to Collect Requirements, Plan Quality Management, Plan Communications Management, Plan Risk Management, and Identify Risks. Be sure you understand why it is important in each of these processes.
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Question 36 of 200
36. Question
You have just discovered an error in the implementation plan that will prevent you from meeting a milestone date. The best thing you can do is:
Correct
Educating the team on the importance of milestones is not addressing the real problem. Changing the milestone date is unethical. Avoiding mention of the due date in the status report violates the rule to report honestly. Only developing and reporting options to meet the milestone date solves the problem.
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Question 37 of 200
37. Question
You are managing a software project. During a walkthrough of newly implemented functionality, your team shows you a new feature that they have added to help make the workflow in the product easier for your client. The client didn’t ask for the feature, but it does look like it will make the product easier to use. The team developed it on their own time because they wanted to make the client happy. You know this change would never have made it through change control. What is this an example of?
Correct
Gold plating
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Question 38 of 200
38. Question
Tom is a project manager on an industrial design project. He is always watching when his team members come into the office when they take their breaks and when they leave. He periodically walks around the office to be sure that everyone is doing work they are at their desks and he insists that he make every project decision, even minor ones. What kind of manager is he?
Correct
Theory X
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Question 39 of 200
39. Question
Mike is a project manager for an IT technology implementation project. He is using an ishikawa diagram to figure out what could cause potential risks on his project. Which process is he doing?
Correct
Risk Identification
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Question 40 of 200
40. Question
You are working on a construction project. You, your team, and your senior manager all feel that the work is complete. Your stakeholders have communicated their final acceptance of the project. You are now meeting with your team to update the original process assets with a record of knowledge gained about the project to help future project managers with their projects. This is best described as:
Correct
Lessons learned
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Question 41 of 200
41. Question
Which of the following is LEAST likely to improve the accuracy of costestimates produced through parametric Estimate costs techniques?
Correct
When cost estimates for work packages, control accounts, and planning packages in the WBS are accurate and detailed.
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Question 42 of 200
42. Question
Which of the following statements are TRUE regarding various activity schedulingtools?
Correct
PDM uses parametric methods for estimation
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Question 43 of 200
43. Question
You are the project manager for an information technology division of a large health care provider in the United States. Due to the new regulatory requirements enacted by HIPAA to ensure the privacy of confidential medical records, you have been assigned to audit all I.T systems to ensure compliance. You need to ensure that all data stored in the data base is encrypted to ensure confidentiality. You need to ensure that all users are properly authenticated. You also need to verify that authorization to confidential information follows the least privilege principle The deadline to ensure compliance with HIPAA regulations is within 120 days. Failing to complete the project within 120 days will result in significant fines to your organization. You have been given a budget is fixed and cannot be increased.Which of the following statements are true?
Correct
This project came about due to legal requirements, and theprimary constraint is schedule
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Question 44 of 200
44. Question
Which of the following statements are false regarding sensitivity analysis?
Correct
Sensitivity analysis is a tool used in perform quantitative risk analysis
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Question 45 of 200
45. Question
You are the project manager assigned to build the house. You have determined the dependencies between activities on the project. One of the activity dependencies is that the foundation of the house must be created prior to the construction of the frame which of the following is true?
Correct
This is an example of mandatory dependency
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Question 46 of 200
46. Question
As the complexity of a project increases, the uncertainty in the project scope:
Correct
Increases
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Question 47 of 200
47. Question
Which of the following processes belong to planning phase?
Correct
Define Scope, Develop Schedule, Plan Risk Management, Project Plan Development
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Question 48 of 200
48. Question
Creating a WBS is essential for successful completion of a project. An intangible benefit ofthe processes involved in creating the WBS is that it:
Correct
Ensures shared ownership for the project
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Question 49 of 200
49. Question
During the project execution, the status report shows that an activity on the critical path is delayed. As a project manager, what should do?
Correct
Compress the schedule. Of the options listed, compressing the schedule is the best option.
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Question 50 of 200
50. Question
Which of the following is NOT an example of a facilitated workshop?.
Correct
Just in Time is an approach to improve process overheads by reducing in-process inventory and associated carrying costs. All the other options are examples of facilitated workshops or requirements workshops. These are focused sessions to bring together key stakeholders in the project to define product requirements. Refer PMBOK 5th edition Project Scope Management PN 114.
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Question 51 of 200
51. Question
A project team is analyzing a major, critical defect to determine the root cause. In order to do this, they considered various factors linked to the defect and grouped them into the following categories: Machine, Method, Material, Manpower etc. Which of the following tools of quality is the team using?.
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Cause and Effect diagram. Cause and effect diagram also called Ishikawa diagrams or fishbone diagrams are used to determine the root cause of a problem by identifying and grouping its potential causes. Please refer to PMBOK 5th edition Project Quality Management PN 237 for more details.
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Question 52 of 200
52. Question
The popular iterative four step approach of Plan-Do-Check-Act was advocated by which of the following quality theorists?.
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W. Edwards Deming. PDCA (plan-do-check-act) is an iterative four-step problem solving process typically used in business process improvement. It is also known as the Deming cycle, Shewhart cycle, Deming wheel, or plan-do-study-act. It was proposed by W. Edwards Deming in the 1950’s and suggests that business processes should be analyzed and measured to identify sources of variations that cause products to deviate from customer requirements. He recommended that business processes be placed in a continuous feedback loop so that managers can identify and change the parts of the process that need improvements. Plan: Design or revise business process components to improve results. Do: Implement the plan and measure its performance. Check: Assess the measurements and report the results to decision makers. Act: Decide on changes needed to improve the process.L2) W. Edwards Deming. PDCA (plan-do-check-act) is an iterative four-step problem solving process typically used in business process improvement. It is also known as the Deming cycle, Shewhart cycle, Deming wheel, or plan-do-study-act. It was proposed by W. Edwards Deming in the 1950’s and suggests that business processes should be analyzed and measured to identify sources of variations that cause products to deviate from customer requirements. He recommended that business processes be placed in a continuous feedback loop so that managers can identify and change the parts of the process that need improvements. Plan: Design or revise business process components to improve results. Do: Implement the plan and measure its performance. Check: Assess the measurements and report the results to decision makers. Act: Decide on changes needed to improve the process.
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Question 53 of 200
53. Question
What form of organization is used in large, modern corporations?
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Most of the large corporations use the best combination of strong matrix, projectized, and functional organizations. Refer to PMBOK 5th edition Page 26.
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Question 54 of 200
54. Question
During an emergency project review meeting, the project manager learns about the current funding problems from the sponsor of the project. Which of the following would be the best recourse for the project manager under these circumstances?
Correct
Submit change request to reduce the scope of work and initiate closure. Correct Answer is ‘B’. Business ethics dictate that deliverables that are closer to the milestone payments should be completed and should enter closure to protect the interests of both the sponsor and the performing organization.
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Question 55 of 200
55. Question
Two team members were arguing about a design problem. The project manager – himself a technical expert reviewed the issue and gave them clear directions about the design approach. This is an example of:
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This is an example of ‘Forcing’ as an approach of conflict resolution. None of the other answers make sense.
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Question 56 of 200
56. Question
A university has contacted you to help it in its research. This assistance would require you to provide it with some of the client data from your files. What should you do?
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Contact your client and seek permission to disclose the information. Correct Answer is B. Never disclose the information without the permission of the owner of the information. As per the professional responsibility and ethics, you should maintain the confidentiality of the information.
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Question 57 of 200
57. Question
A request, demand, or assertion of rights by a seller against a buyer for consideration, compensation, or payment under a legally binding contract, such as a disputed change, is often referred to as a,
Correct
Claim. Correct Answer is ‘B’. The above statement is the definition of a claim. Please read the PMBOK 5th edition Glossary, Page No. 384.
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Question 58 of 200
58. Question
The payback period needs to be calculated for your project that will be completed in 3 years. The internal rate of return (IRR) is 7% and the annual savings expected are $500K per year. The total cost of the project is $3,000K. What is the payback period?
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6 years. Correct Answer is ‘B’. The payback period states how soon the project can recover its investment. In this project, $3000/$500=6 years, which is the period for the project to recover its cost.
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Question 59 of 200
59. Question
Which project cost management process is done during the monitoring and control process group?
Correct
Control Costs. The first two cost management processes are done as a part of the planning process group. This is supposed to be an easy question, you are expected to know which project management process is executed under which process group.
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Question 60 of 200
60. Question
There is a change request on your project. You documented the change and sent that to the change control board (CCB) for approval. What’s the next step in this process?
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The members on the CCB use expert judgment to accept or reject the change. As a project manager, you can only create change requests when needed and submit that to the change control board for approval. Accepting or rejecting the change is decided by the change control board.
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Question 61 of 200
61. Question
As a project manager, you received a change that does not impact the project schedule. What would you do?
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Whenever there is a change, impact should be evaluated on all of the triple constraint factors.
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Question 62 of 200
62. Question
You are executing a project in a foreign country where it’s customary to pay the police for additional security cover. In another country this might be considered bribery. You and your team members require the additional cover. What would you do?
Correct
Pay to the police because it’s the local custom and cannot be classified as a bribe. It’s very important to understand the difference between what is a government fee and what is a bribe. As a certified PMP, you should say no to a bribe, but not to government fees. In this case, it is customary to pay for additional security, so you should go ahead and pay.
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Question 63 of 200
63. Question
Judy is in a company board meeting where the task is to generate as many ideas as possible for promoting their new cleaning product. During the meeting, she hears an idea from another group member about television advertising which makes her focus on ideas related with that. As a result, she fails to come up with any ideas about another category which she may have done had she been in the individual situation. What effect prevented Judy from generating ideas on the alternative category in the group situation which she would normally have been able to do in the individual situation?
Correct
Cognitive restriction. 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 64 of 200
64. Question
When considering the level of potential performance of a party of climbers which of the four learning processes within group collaborative settings places importance on each climber’s pre-tour physical and mental training?
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Group-level learning (G-G transfer). 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 65 of 200
65. Question
Your development team is waiting for the design team to finish their work. As a project manager, you have decided to use this approach to reduce uncertainty in the project. Which of the following relationships does this describe?
Correct
Sequential relationship. A sequential relationship is where a phase can only start once the previous phase is complete. The step-by-step nature of the approach reduces uncertainty but may eliminate options for reducing the schedule.
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Question 66 of 200
66. Question
Which of the following is NOT true about beta risk?
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Also referred to as Type I error
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Question 67 of 200
67. Question
A pharmaceutical company wants to launch a new over-the-counter medication for flu in the U.S. The project manager is identifying project communication constraints. Which of the following is NOT a valid constraint?
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The key person responsible for communicating information on the project may not be available through the entire project. A communication constraint is usually derived from specific legislation or regulation (option a), organizational policies (option c), or a project constraint (option d) which limits the project’s options during communication management. However, option (b) is an uncertain event or risk in the project which needs to be addressed through risk management
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Question 68 of 200
68. Question
Your project is in the final stages of testing and the team is interacting with the customer on daily basis to update him with the project status and incorporate his feedback. Which of the following would be the most critical process to be followed in this scenario?
Correct
Control Scope. In this case, based on customer feedback, frequent changes are expected to be done by the team. Remember, when a change is presented, a part of considering the change involves additional planning. The project manager and the team must examine how the change affects the project work and knowledge areas. Thus Control scope ensures the project scope is protected from unnecessary changes and all eligible changes are done using the scope change control system. Option (a) Control Quality is more focused on ensuring conformance to documented standards and is not the correct choice
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Question 69 of 200
69. Question
You are managing a project with a total budget of $36,000 to be finished in one year. You are in the end of the 6th month and currently the project is on schedule; however, the actual cost of the project is $20,000. What is the cost variance on the project?
Correct
– $2000. Cost variance = Earned Value (EV) – Actual Cost (AC) . Here, Earned Value is uniformly spread over entire project duration .So earned value at the 6th month = [(Total Cost)/ (Total Project months)] * Months completed i.e.=( $36,000/12)*6 = $ 18,000. Cost Variance = $18,000-$20,000 = -$2,000
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Question 70 of 200
70. Question
You are a project manager in a financial firm with multinational dealings. You feel the financial meltdown in one of the client’s countries could affect your project adversely and you want to hedge your risks. Although the probability of occurrence of the event is low, you are advised to play it safe. In terms of risk attitude, your organization could BEST be described as?
Correct
Risk Averse. Someone who doesn’t want to take risks is called risk averse and the project manager seems to be part of such an organization. Option (c) risk neutral describes a person/or an organization which is indifferent to the risk and option (a) risk seeker suggests an aptitude to take risks with an opportunity for higher returns. Option (d) risk mitigation is a risk response strategy and is an invalid choice.
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Question 71 of 200
71. Question
You are working at a customer location in a foreign country where it is customary to exchange gifts during their New Year celebrations . Your company forbids you to accept any form of gifts from your customer, but you have a strong feeling that if you refuse to accept and reciprocate the gesture, it can severely affect your relationship with the customer. In this case, it is BEST to?
Correct
Discuss this situation with your project sponsor or legal department. No matter how much we wish to take a vacation whenever we encounter a complex situation, this isn’t the correct answer! Since the company policy forbids the project manager from accepting any gifts, he should consult his project sponsor and legal department
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Question 72 of 200
72. Question
Your software project is in the critical system testing stage when two of the senior members of the team come to you with a conflict on usage of the simulation software during testing. One senior member claims that the other person keeps the software engaged for almost all of the working hours of the project. You decide to change their working schedules so that they no longer overlap. You are using which of the following techniques for conflict resolution?
Correct
Collaborating. This is the collaborating or problem solving approach for conflict resolution because it solves the real problem in such a way that the problem itself goes away.
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Question 73 of 200
73. Question
Earned value management is the tool and technique of which process?
Correct
Earned value management is a tool and technique of the Control Costs process. See page 215 of PMBOK, 5th edition
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Question 74 of 200
74. Question
A project team member is talking to another team member and complaining that many people are asking him to do things. If he works in functional organization, who has the power to give direction to the team member?
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In a functional organization, the functional manager is the team member’s boss and probably also the project manager’s boss.
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Question 75 of 200
75. Question
A company is making an effort to improve its project performance and create historical records of past projects. What is the BEST way to accomplish this?
Correct
Lessons learned help to avoid future pitfalls and use the good ideas of past projects. This leads to improvements in future projects.
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Question 76 of 200
76. Question
A project manager does not have much time to spend on planning before the mandatory start date arrives. He therefore wants to move through planning as effectively as possible. What advice would you offer?
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This question is asking which of the choices is the most effective way to move through project planning. Starting the WBS immediately after obtaining a project charter skips the important steps of defining the scope and other activities. High-level assumptions are determined in project initiating. Quality metrics are determined as part of the quality management plan, not after it. The activity list is created before the network diagram, so that is the best option.
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Question 77 of 200
77. Question
The customer on a project tells the project manager they have run out of money to pay for the project. What should the project manager do first.?
Correct
Every project must be closed, as closure provides benefit to the performing organization. This means simply stopping work is not the best choice. Shifting work and releasing team members do not solve the problem-they just postpone dealing with it. The best thing for the project manager to do is begin the Close Project or Phase process.
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Question 78 of 200
78. Question
The development of the scope baseline can best be described as involving:
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After obtaining input from the customer and other stakeholders, the project team is responsible for developing the scope baseline. Remember that the scope baseline includes the WBS, WBS dictionary, and project scope statement.
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Question 79 of 200
79. Question
A project has three critical paths. Which of the following best describes how this affects the project?
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Though having three critical paths COULD require more people or cost more, the answer that is definitely and always true is that it increases project risk. Because you need to manage three critical paths, there is more risk that something could happen to delay the project.
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Question 80 of 200
80. Question
You are a project manager on a US $5,000,000 software development project. While working with your project team to develop a network diagram, your data architects suggests that quality could be improved if the data model is approved by senior management before moving on to other design elements. They support this suggestion with an article from a leading software development journal. Which of the following BEST describes this type of input?
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The situation is neither mandatory nor driven by an external source. A heuristic is a general rule that can be used consistently. This situation is a unique occurrence for which a preferred method is being suggested. Therefore, this is a discretionary dependency.
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Question 81 of 200
81. Question
The project is calculated to be completed four days after the desired completion date. You do not have access to additional resources. The project is low risk, the benefit cost ratio is expected to be 1.6, and the dependencies are preferential. Under these circumstances, what is the BEST thing to do?
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Cutting resources from an activity would not save time, nor would moving resources from the preferential dependencies to the external dependencies. Removing an activity from the project is a possibility, but since the dependencies are preferential and the risk is low, the best choice is to make more activities concurrent, as this would have les:, impact on the project.
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Question 82 of 200
82. Question
All the following are tools of control quality EXCEPT:
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Inspection, Pareto diagrams, and fishbone diagrams are all tools that can be used in Control Quality. Cost of quality is part of Plan Quality Management, making sure the project is not spending too much to achieve a particular level of quality.
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Question 83 of 200
83. Question
When a project manager is engaged in negotiations, nonverbal communication skills are of:
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Nonverbal communication carries a significant portion of the message you send. With so much at stake, nonverbal communication is of major importance
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Question 84 of 200
84. Question
During the middle of the project, things have been going well. The work authorization system has allowed people to know when to start work, and the issue log has helped keep track of stakeholders’ concerns. The sponsor has expressed his appreciation for the team member’s efforts by hosting a milestone party. The project manager gets a call from a team member saying the results from the completion of her activity’s predecessor are two days late. Which of the following reasons would best describe why this occurred?
Correct
Since there is no information about the sponsor or his needs in this situation, focusing on his needs cannot be best. The statement that successor activities should have been watched, rather than the predecessors, is not a correct statement. A project manager should watch both predecessor and successor activities. Attendance at the party and the issue at hand (the late results) are not related. Often forgotten in communications management plans are the bosses of team members (functional management in a matrix organization). Including the bosses of team members in communications planning, requirements gathering, risk management, and other areas of project management helps make the project better. In addition, it helps the functional managers manage their resources effectively. If the functional manager of the team member assigned to the predecessor activity had been included in the project planning processes, he would have known when the team member was needed to do work for the project and the impact, if any, of delay. The communications management plan should also have included a method to communicate potential delays.
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Question 85 of 200
85. Question
You have been appointed as the manager of a new, large and complex project. Because this project is business-critical and very visible, senior management has told you to analyze the project’s risks and prepare response strategies for them as soon as possible. The organization has risk management procedures that are seldom used to followed, and has had a history of handling risks badly. The project’s first milestones is in two weeks. In preparing the risk response plan, input from which of the following is generally least important?
Correct
Team members will have knowledge of the project and the product of the project and will thus have a lot to contribute to risk responses. Those responsible for risk templates will be able to provide the templates from past projects (historical records) and therefore will be very important. Key stakeholders will know more about the technical working of the project to help plan “What are we going to do about it?” so they are not likely to be the least important. The sponsor may have the least knowledge of what will work to solve the problems. Sponsors need to be involved in the project and help identify risks. They may even approve the response plans created by others, but they would not generally be major contributors to response plans.
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Question 86 of 200
86. Question
Joe is a project manager on an industrial design project. He has found a pattern of defects occurring in all of his projects over the past few years and he things there might be a problem in the process his company is using that is causing it. He uses Ishikawa diagrams to come up with the root causes for this trend over projects so that he can make recommendations for process changes to avoid this problem in the future. What process is he doing?
Correct
Perform Quality Assurance
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Question 87 of 200
87. Question
The terms of union contracts are considered ______________ in your project plan.
Correct
Constraints
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Question 88 of 200
88. Question
Your company’s quality assurance department has performed a quality audit on you project. They have found that your team has implemented something inefficiently, and that could lead to defects. What’s the next thing that should happen on your project?
Correct
You document recommended corrective actions and submit them to the change control board.
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Question 89 of 200
89. Question
Which of the following is NOT an activity that should be executed by a project manager during the close project process?
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Confirm all stakeholders’ needs.
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Question 90 of 200
90. Question
Which of the following are NOT described in the PMI’s member Standards of Conduct?
Correct
Professional best practices
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Question 91 of 200
91. Question
Which of the following best describes resource leveling?
Correct
Rearranging resources so that a constant number of resources are used during each period
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Question 92 of 200
92. Question
Identifying quality requirements and/or standards for the project and product and documenting how project will demonstrate ompliance should be developed in the:-
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Planning Phase
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Question 93 of 200
93. 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. Midway through the project your customers has asked you to add additional reporting functionality to the software, specifically to correlate sales data across multiple geographic regions based on time. The functionality was NOT part of the original project plan. This is an example of which of the following?
Correct
Scope creep
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Question 94 of 200
94. Question
In earned value management, the cost variance is equal to:-
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EV-AC
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Question 95 of 200
95. Question
All of the following statements regarding decision tree analysis are true except:
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None of the choices are correct
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Question 96 of 200
96. Question
Which of the following best describes the project human resource management knowledge Area?
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. Develop human resource plan, acquire project team, develop project team, manage project team
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Question 97 of 200
97. Question
As a project manager, you are responsible for meeting the project schedule deadlines. If there is some delay in the project schedule, you should: (choose the most appropriate answer)
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Fast track or Crash the project, and let management know about the impacts of these actions
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Question 98 of 200
98. Question
All the following are examples of product documentation except:
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Scope Statement
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Question 99 of 200
99. Question
During Direct and Manage Plan Project Execution, which area will the Project Manager spend least time on?
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Documentation
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Question 100 of 200
100. Question
Even though you are a Project Manager in a pharmaceutical company, you have worked as a scientist in the industry for several years. Your subordinates look up to you for guidance and advice. The power that you have over your subordinates is:
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Expert
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Question 101 of 200
101. Question
As part of Close Procurements, you document project results to formalize acceptance of the:
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Product of the project
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Question 102 of 200
102. Question
According to Maslow`s hierarchy of needs, Economic security is a:
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Safety Need
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Question 103 of 200
103. Question
You are in the process of preparing a document with \”sufficient detail\” which allows prospective sellers to determine if they are capable of providing an item. Thisis an example of a(an)
Correct
Statement of Work
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Question 104 of 200
104. Question
Plan Risk Responses helps the project manager develop options and determine actions to enhance opportunities and reduce threats to the project`s objectives. The output from plan risk responses is a risk response plan which should be:-
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At the level of detail where actions will be taken
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Question 105 of 200
105. Question
You are a project manager and your team recently encountered a major change in the project. This change was evaluated for its impact on the triple constraints and went for approval to the Change Control Board (CCB). The CCB is comprised of important stakeholders of the project who approved the change. The project documents were updated through the configuration management system. What should the project team do NEXT?.
Correct
Notify the stakeholders affected by the change. It will help to know the process of making changes stepwise to answer this type of questions correctly. Since change is already updated through configuration management Options (a
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Question 106 of 200
106. Question
A new project manager takes over a project during the execution phase. One of the main issues faced by the project is that the customer complains of poor visibility on the project. What should be his first step towards resolving the issue?.
Correct
Go through the communication management plan to understand customer communication requirement and whether it is being addressed properly. Since the communication management plan details the communication requirements of all the stakeholders, he should first ensure that the plan is being properly followed. Option (a
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Question 107 of 200
107. Question
A project is in the execution stage when the customer comes back with an additional feature to be added in the forthcoming milestone delivery. The project team has assessed the impact of the change by performing Integrated Change Control. The project manager should:.
Correct
Review the Quality Management Plan and evaluate the effect of the additional feature on quality. Quality needs to be considered whenever there is a change in a triple constraint .If you choose option (d
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Question 108 of 200
108. Question
A project manager wants to use one of the seven basic quality tools to report on the status of his project. Which of the following should he use?
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Bar Chart. A bar chart also known as a Gantt chart is a chart that depicts progress in relation to time, often used in planning and tracking a project. Though they are weak planning tools and do not help organize the project as effectively as a Work Breakdown Structure or network diagram , a bar chart is an effective tool for project progress reporting and control.
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Question 109 of 200
109. Question
A work authorization system is a:.
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Tool used to notify team or contractors that they may begin work on a project or work package. Work authorization system is a subsystem of the overall project management system. It is a collection of formal documented procedures that defines how project work will be authorized to ensure that the work is done by the identified organization, at the right time, and in the proper sequence. It includes the steps, documents, tracking system, and defined approve (approval
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Question 110 of 200
110. Question
Which of the following is an example of smoothing as part of promoting interaction among stakeholders?.
Correct
Project Manager downplays the difference of opinion saying the difference lies only in perception. Smoothing is a technique in which project manager emphasizes agreement rather than difference of opinion and option (c
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Question 111 of 200
111. Question
A project manager is managing a project which has constraints on the availability of required resources throughout the project. As such he needs to rearrange resources in such a way that a constant number of resources are used each month. Which of the following techniques will the project manager use to achieve this?.
Correct
Leveling. Resource leveling would be the only technique from the available options which can help provide a constant number of resources used in a time frame. It is a project management process used to examine a project for an unbalanced use of resources (usually people
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Question 112 of 200
112. Question
A project manager has just been assigned to a project, and he is involved in creating a document that would formally authorize the project and capture initial requirements of the stakeholders. What is the output of the process he is working in?
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Project Charter. The document is called a Project Charter which formally authorizes the project and provides project manager with the authority to apply resources to project activities. Although the project sponsor may create the project charter, it is recommended that the project manager participate in development of the project charter. Options (b
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Question 113 of 200
113. Question
You are managing a complex project which requires some highly skilled resources on embedded design. You obtain these resources from the organization pool
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Matrix. This is a characteristic of a matrix organization. In the matrix structure, the personnel and other resources that a project manager requires are not permanently assigned to the project, but are obtained from a pool controlled and monitored by a functional manager. Personnel required to perform specific functions on a particular project are detailed for the period necessary. They are then returned to the control of the functional manager for reassignment. Example: An engineer assigned for a specific period to design a subsystem of a project is responsible to the functional manager for completing the task as scheduled and to the project manager for providing an acceptable design. This structure is characterized by two bosses.)L2) Matrix. This is a characteristic of a matrix organization. In the matrix structure, the personnel and other resources that a project manager requires are not permanently assigned to the project, but are obtained from a pool controlled and monitored by a functional manager. Personnel required to perform specific functions on a particular project are detailed for the period necessary. They are then returned to the control of the functional manager for reassignment. Example: An engineer assigned for a specific period to design a subsystem of a project is responsible to the functional manager for completing the task as scheduled and to the project manager for providing an acceptable design. This structure is characterized by two bosses.
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Question 114 of 200
114. Question
You have signed a contract with the customer and started the process of collecting requirements when the customer asks you to add a feature which is not in the scope of the contract. What should you do in this case?
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Ask the customer to write a formal change request and follow the contract change control system. After signing the contract, the only way to change it is by following the contract change control system.)L2) Ask the customer to write a formal change request and follow the contract change control system. After signing the contract, the only way to change it is by following the contract change control system.
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Question 115 of 200
115. Question
You have to ensure that appropriate tools and techniques are used for performing the process of monitor and control risks. Which one of the following is not a tool and technique for this process?
Correct
Risk Register. Correct Answer is ‘C’. All of the stated options are tools and techniques for the ‘monitor and control risks’ process while risk register is an input to this process.
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Question 116 of 200
116. Question
Take the values from the Image. If Task ‘F’ takes 3 days to complete rather than the planned 1 day, how many days will the project take to complete?
Correct
25 days. Correct Answer is ‘C. The planned project finish date will not be affected as Task F has a Float of 8 days thus the project duration remains as 25 days.
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Question 117 of 200
117. Question
Paul, the project manager, has just been assigned a new project from the oil and gas domain. He has been provided the project scope. Recently he passed the PMP exam and wants to apply his PMP knowledge to his project to avoid schedule delays and cost overruns as much as possible. What is the FIRST thing that Paul should do?
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Confirm that all the stakeholders have provided their inputs to the scope of work. Correct Answer is C. The project manager has to ensure that all of the stakeholders needs, wants, and expectations have been fully captured as part of the project scope, so that his project will be successful.
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Question 118 of 200
118. Question
You are managing a construction project. You have to decide between renting a bulldozer or buying it for the project. You would require the bulldozer for 7 days of work and the following are the costs involved. Cost of bulldozer is $1,400, daily cost of operation = $50, Daily rental of the bulldozer= $250. Which of the following is true?
Correct
Both are equally economical. Correct answer is C. Buying option: Cost of bulldozer +(7days*daily cost of operation)=$1400+(7*$50)=$1750. Renting the bulldozer= 7days*daily rental=7*$250=$1750. So both are equal.
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Question 119 of 200
119. Question
Which of the following is not a cost estimation tool or technique?
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Cost aggregation. Cost aggregation is a cost budgeting tool. The other three options are cost estimation tools
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Question 120 of 200
120. Question
The difference between a cost baseline and cost budget can be best described as?
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Management Reserve. This was a pretty simple question. If you are finding these terms totally new, you should go through Lesson number 7 of Simplilearn PMP Preparation Course.
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Question 121 of 200
121. 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?
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Run charts tell you about trends in your project by showing you what your data looks like as a line chart
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Question 122 of 200
122. Question
What is the duration of a milestone?
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Zero Duration. A milestone is defined as an activity with zero duration. Milestones are used on the project schedule to show completion of a set of activities. They are used more for reporting purposes. For example, all requirements related activities can be grouped and once all of them are completed, you can say that the requirement milestone has been achieved.
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Question 123 of 200
123. Question
Which of the following is an example of quality assurance?
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Process Analysis. This was a straight forward question and I hope you got it right. Audit and process analysis are key quality assurance tools. If you need further explanation on what comes under quality assurance and what comes under quality control, you should go through Lesson number 7 of Simplilearn PMP Preparation Course.
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Question 124 of 200
124. Question
Needs such as training the group, setting standards, maintaining discipline, and appointing sub-leaders may be called:
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Team functions. 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 125 of 200
125. Question
Which of the following is NOT a step involved in the agile version of model driven development (AMDD)?
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Identify the low level scope. 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 126 of 200
126. Question
Which of the following processes are performed in the closing process group and in what order?
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Contract closeout and administrative closure are the processes in the closing process group and are performed in that order.
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Question 127 of 200
127. Question
You are the project manager of a project which has just closed a contract with one of the suppliers. You need to communicate the status of the contract to your stakeholders. What kind of communication method would you use for this communication?
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Formal Written. Any contractual matter has long term implications, so it should be well documented and formal written communication is best suited for this purpose.
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Question 128 of 200
128. Question
A project manager is calculating the weighted average of activity duration estimates to do the schedule network analysis. Which schedule network analysis technique is he using?
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PERT. In the PERT technique, three estimates (Optimistic, Pessimistic and Most Likely) of each activity duration are calculated and then a weighted average of each duration estimate is arrived at. In order to get more details about PERT, please refer to Lesson no. 6 of Simplilearn PMP Preparation course.
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Question 129 of 200
129. Question
Which of the following is the BEST thing to do to complete a project three weeks ahead of schedule?
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Meet the team and look for options for crashing or fast tracking the critical path. The first option always is to understand what best can be done before going ahead with any other tasks.
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Question 130 of 200
130. Question
Which of the following represents the estimated value of the work actually accomplished?
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EV. What the question is asking for is the definition of earned value. This question also assumes that you are comfortable with terms like EV, SV, and CV which are used in the earned value technique. To get more details about these terms, please refer to Lesson number 7 of Simplilearn PMP Preparation Course.
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Question 131 of 200
131. Question
A project activity has values for the earliest and latest it can start and earliest and latest it can be completed. An activity has 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 A?
Correct
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 project completion date (total float).
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Question 132 of 200
132. Question
You are interviewing candidates for a position in the project, when you receive the resume of a distant relative who is desperately in need of a job. What should you do?
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The right thing to do is to declare your personal interest and excuse yourself from the selection process
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Question 133 of 200
133. Question
A project manager is reporting the final status of the closed contract to the stakeholders. Which form of communication is appropriate?
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Formal Written. All project reports must be communicated as formal written documents
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Question 134 of 200
134. Question
You are being hired to manage a highway construction project for a contractor working for XYZ. The sponsor is a project officer who works for the XYZ municipal government. You have three separate teams working all three shifts, with a separate manager for each team. Each team has members from two different unions, and each union has its own representative. Who is the BEST person to approve the project charter?
Correct
Project Officer who works for XYZ. Since this person is the sponsor, he is responsible for approving and signing the charter.
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Question 135 of 200
135. Question
Your management has decided that all orders will be treated as “projects” and that project managers will be used to update orders daily, to resolve issues, and to ensure the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from US $ 150,000. The project manger will not be required to perform planning or provided documentation other than daily status. How would you define this situation?
Correct
Because orders are numerous and of short duration, this situation is a recurring process, not a project.
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Question 136 of 200
136. Question
The first phase of your project come to end. What is the most important thing to ensure is done before beginning next phase?
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A phase or project must be formally closed and accepted.
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Question 137 of 200
137. Question
You were just assigned to take over a project from another project manager who is leaving the company. The previous manager tells you that the project is on schedule, but only because he has constantly pushed the learn to perform. What is the first thing you should do as the new project manager.?
Correct
Before you can do anything else, you have to know what YOU are going to do. Developing the management strategy will provide the framework for all the rest of the choices presented and the other activities that need to be done.
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Question 138 of 200
138. Question
A dependency requiring that design be completed before manufacturing can start is an example of a(n):
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No mention is made that the dependency comes from a source outside the project, so this is not an external dependency. Scope dependency is not a defined term. The key word in the question is “requiring.” Since the dependency is required, it could not be discretionary and therefore must be mandatory. The question defines a mandatory dependency.
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Question 139 of 200
139. Question
Analogous estimating:
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Analogous estimating is used most frequently during project planning, not project executing. Parametric estimating involves calculations based on historical records. Analogous estimating uses top-down estimating techniques.
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Question 140 of 200
140. Question
What conflict resolution technique is a project manger using when he says, “I cannot deal with this issue now!”
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Delaying the issue is called withdrawal.
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Question 141 of 200
141. Question
Negotiations between two parties are becoming complex, so party a makes some notes that both parties sign. However, when the work is being done, Party B claims they are not required to provide an item they both agreed to during negotiations, because it was not included in the subsequent contract. In this case, Party B is:
Correct
Party B is only required to deliver what is defined in the contract.
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Question 142 of 200
142. Question
A large complex construction project in a foreign country requires coordination to move needed equipment through crowded city streets. To ensure the equipment is transported successfully, you contact in that country informs you that you will have to pay the local police a fee for coordinating traffic. What should you do?
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This is a legitimate fee for special accommodations. It is therefore not a bribe.
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Question 143 of 200
143. Question
Which is the best definition of quality?
Correct
A product that satisfies the requirements to the people who pay for it.
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Question 144 of 200
144. Question
An important part of performing stakeholder analysis is documenting quantifiable expectations. Which of the following expectations is quantifiable?
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