Question Set No 2
Question Set No 2
Question Set No 2
C.
D.
C.
Project plan can change over time as more information becomes available
D.
Parametric Modeling
C.
Computerized tools
D.
Alternatives Identification
4. 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 :
A.
Communications Management Plan
B.
Performance Reports
C.
Project Records
D.
Communication Plan
A.
Build
C.
D.
C.
D.
7. To Plan Quality, you are going to use Design of Experiments to determine which factors
might influence specific variables. What variable(s) can be used in your analysis?
A.
Dollars
B.
Kilograms
C.
Weight
D.
Pounds
C.
D.
9. In your new company, you realize that some of the financial statements of the company do
not follow US GAAP Accounting Standards and are hence inaccurate. In this case, what should
you do first?
Inform the US government agencies of the inaccurate
A.
accounting practices in the company
B.
Talk to your finance managers about why you think that they
may be violating the standard accounting standards
C.
Since you are new to the company, you assume that finance
standards are different in the company - hence do not do
anything about the issue
D.
10. The difference of a milestone chart as compared with a bar chart when making
presentation to top management is that unlike bar charts, milestones:
A.
Show activity start and end dates
B.
C.
Only identify the scheduled start or completion of a major deliverables, and not all
the tasks
D.
11. Develop Project Team is a very critical component of Human Resource Management. All
the following are inputs to Develop Project Team except:
A.
Project Management Plan
B.
C.
D.
Resource Calendars
B.
C.
D.
13. You are the Project Manager for a company doing research on alternative fuels
for automobiles. In your project, which of the following is a valid assumption:
A.
Cost of the project is $ 5 Million
B.
C.
Gasoline fuels will become very expensive and less readily available after 10
years
D.
14. Your project uses project costs as a component for a reward and recognition
system. For the reward and recognition system to be effective,
A.
Direct and Indirect costs must be measured for each project
B.
C.
D.
The project with the highest NPV should be given to the most competent
project managers.
C.
D.
16. Which is the best thing to do during the Conduct Procurement process?
Determine whether a product should be outsourced or manufactured inA.
house
B.
C.
D.
C.
D.
C.
D.
19. 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:A.
Perform Quality Assurance
B.
Plan Quality
C.
D.
B.
You can use the knowledge gained in the first company to improve the
competitors product
C.
Before doing anything which may adversely impact prospects of the first
company, you should get their approval
D.
21. Please refer to the diagram given below: (all units are in days)
What is the project float if management wants to do this project within 10 days?
A.
0 days
B.
- 4 days
C.
2 days
D.
22. In the last project status meeting, there was a team member who was criticized
some of his other team members and decreased the status of work done by them.
The role that was played by the person was that of:
A.
Aggressor
B.
C.
Devils advocate
D.
Recognition Seeker
23. Which of the following statement(s) about project customer and project sponsor
is (are) correct?
Along with the customer, the sponsor threshold for risks should be taken
A.
into account
B.
Along with the customer, this sponsor may provide key events, milestones,
and deliverable due dates
C.
Along with the customer, the sponsor formally accepts the product of the
project.
D.
B.
C.
D.
For change in scope of the project, figuring out what the impact will be to
the project from a cost and schedule perspective
25. Project cost management must consider the effect of project decisions on the
cost of the product created by the project. Your objective to reduce cost and time,
improve quality and performance, and optimize decision making can be facilitated
using tools like: (select best answer)
A. Value Engineering
B. Life Cycle Costing
C. Payback Period
D. Value Engineering and Life Cycle Costing
26. All the following statements about Close Project or Phase are correct except
A.
Close Project or Phase formalizes acceptance of the product of the project
B.
C.
D.
Project Reports and Project Presentations are some tools used for Close
Project or Phase
27. Receipt of bids or proposals and application of the evaluation criteria to select a
provider should be done as part of :
A.
Plan Procurement
B.
Close Procurements
C.
Conduct Procurements
D.
28. Which of the following documents provides the project manager with the
authority to apply organizational resources to project activities?
A.
Resource Authorization Document
B.
C.
Project Charter
D.
29. To identify which quality standards are relevant to a project, and determine how
to satisfy them, you will do:
A.
Perform Quality Assurance
B.
Plan Quality
C.
D.
30. 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?
A.
Assessing the impact and likelihood of identified risks
B.
Analyzing numerically the probability of each risk and its impact on the
project objectives
C.
D.
31. You have been informed by the project sponsor that there has been a
revaluation of projects within your company and your project will not be getting
any additional funding. In this case, you should:
A.
Stop Work Immediately and release all resources
B.
C.
D.
32. 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)
Increase the timeline for the project
A.
B.
Fast track or Crash the project, and let management know about the
impacts of these actions
C.
Ask resources to work overtime and extra hours to meet the project
deadlines.
D.
33. An organization chart which shows the organizational units responsible for
specific work packages is also called :
A.
Organizational breakdown structure
B.
Staffing plan
C.
D.
Organization Plan
B.
C.
D.
35. All the following are true about Project Plan Execution except:
Vast majority of the project budget will be expended in Project Plan
A.
Execution
B.
Project Manager and her team coordinate the various technical and
organizational interfaces
C.
D.
Care is taken to ensure that changes to the product scope are reflected in
the project scope
C.
D.
37. You have completed the Distribute Information Process and are now in a
position to make needed information available to project stakeholders in a timely
manner. All the following could be outputs from Distribute Information EXCEPT:
A.
Project Records
B.
Project Reports
C.
Project Presentations
D.
Performance Reports
C.
D.
39. Which statement relating to Verify Scope and Perform Quality control is correct?
Verify Scope is concerned with correctness of the work results while quality
A.
control is primarily concerned with acceptance of the work results.
B.
C.
D.
Verify Scope and Perform Quality Control are performed sequentially and
supplement each other
40. All the following are tools and techniques for Plan Quality except:
A.
Benefit/Cost Analysis
B.
Design of Experiments
C.
Quality Audits
D.
Flow Charting
41. While doing plan risk response, you realize that there is a very critical risk which
may have a high impact on the project completion. So, you create a fallback plan
which could include any of the following conditions EXCEPT:
A.
Subcontracting the project to an outside Vendor
B.
C.
D.
42. You have been having a lot of heated discussions with your colleague about an
issue and this is resulting in a hostile environment. To "cool-off" this hostile
situation, you agree to your colleagues point of view. The conflict resolution mode
that you are using is:
A.
Problem Solving
B.
Withdrawal
C.
Forcing
D.
Confrontation
43. All the following are advantages of GERT (Graphical Evaluation and Review
Techniques) as compared with PERT (Project Evaluation and Review Technique)
except:
A.
Allows looping
B.
C.
Allows branching
D.
44. As a project manager, you are interested in the personal activities of teammembers, other than working with you on the project, the team members love to
go out with you for lunch or an occasional game of golf. The power that you have
over the team members is:
Penalty
A.
B.
Expert
C.
Legitimate
D.
Referent
B.
C.
D.
46. A restriction (e.g. limited budget) that affects the performance of the project is
also called:
A.
Constraint
B.
Assumption
C.
Kill points
D.
Risk
47. All the following statements related to Benefit Cost Ratio (BCR) are correct
Except:
A.
Projects with BCR > 1 should be considered for selection
B.
C.
If two projects have positive BCR, select project with higher BCR
D.
48. In critical negotiations about a contract where two parties meet to discuss
outstanding issues, you should pay a lot of attention to which form of
communication?
A.
Oral Formal
B.
Oral Informal
C.
Non Verbal
D.
Written Formal
Work Results
C.
Change Requests
D.
Evaluation Criteria
50. As the complexity of a project increases, the uncertainty in the project scope:
A.
Increases
B.
Decreases
C.
Remains same
D.
51. All the following statements related to Just In Time Manufacturing are correct
except:
A.
It stresses Waste Reduction
B.
C.
Stresses on short term relationships with suppliers which lasts until the
delivery is received.
D.
52. Based on past estimates, there is 25% probability for a particular event to
happen every year. If a project lasts for 3 years, what is the probability that the
activity will happen in the 3rd year?
A.
15.625 %
B.
6.25 %
C.
25%
D.
75%
53. You are aware that an employee in your project may potentially get a
promotion - however, there is a possibility that he may get transferred after his
promotion, thus impacting your project. In this situation, you should:
Give a bad recommendation about the person so as to delay the promotion
A.
of the person until project is over
B.
Inform the employee about the potential promotion, and ask him to
transition his responsibilities to another person
C.
After the employee gets the promotion and is told of the transfer, you ask
him to prepare a transition plan
D.
Hire another resource who can replace the person after he gets the
promotion
54. You are in the test phase of your software project and the project sponsor has
requested a Definitive measure of when your project will be completed. The
estimated duration (Most Likely is 30 days). What will be an appropriate estimate to
give your sponsor
A.
29 - 31 days
B.
24 - 36 days
C.
20 - 40 days
D.
15 - 45 days
55. All direct or indirect training costs should generally be the responsibility of the:
A.
Program Office of the Project
B.
C.
Performing organization
D.
C.
D.
57. The organization of the project is very important for successful implementation.
Which factor does not have an impact of design of the project organization?
Environmental Forces
A.
B.
Schedule Limitations
C.
Strategic Choices
D.
Technological Factors
C.
Scope Baseline
D.
Resource Requirements
59. You are interviewing for the position of project manager in the company. What
is the most important characteristic you should be looking for in the project
manager?
A.
Technical Knowledge about the Business
B.
C.
Communication Skills
D.
60. Which is the most important thing to do during the Source Selection?
Determine whether a product should be outsourced or manufactured inA.
house
B.
C.
D.
61. A scope change control systems defines the procedures by which project scope
may be changed. It includes all the following except:
A.
Paperwork
B.
Tracking Systems
C.
Approval Levels
D.
Rejection criteria
Plan Quality
C.
D.
Quality analysis
$ 25,000
C.
$ 7,500
D.
64. There have been too many disagreements within two team-members in your
project regarding the design of a particular product. You would like to incorporate
the best features of the two designs - and want to create an environment which
avoids conflicts and emphasis similarities. The conflict handling mode you would
like to emphasize is:
A.
Smoothing
B.
Compromising
C.
Confrontation
D.
Withdrawal
65. There has been a short delay in your project schedule because of change in
scope. To make changes to the start and finish dates, you will require:
A.
A Revision
B.
Project rebaselining
C.
Variance Analysis
D.
Corrective Action
66. All the following tools and techniques can be used for staff acquisition except:
A.
Negotiations
B.
C.
D.
C.
D.
Project B
C.
Project C
D.
70. Confirmation that the project has met all customer requirements for the product
of the project is provided as part of:
A.
Perform Quality Assurances
B.
Administer Procurements
C.
D.
Performance Reporting
71. If the scope of the project is not well defined, which type of contract helps in
minimizing buyer risk?
A. Fixed Price
B.
72. Your company is constructing a dam and your project (which is being performed
under a contract) mandates that you should be paying compensation to any person
displaced because of the project. What kind of constraint is this?
A.
Social
B.
Legal
C.
Environmental
D.
Humanity
73. All the following are tools of Perform Quality Control except:
A.
Inspection
B.
Control Charts
C.
Flow-charting
D.
Quality Audits
74. Which of the following are Information Gathering Techniques required for Risk
Identification?
A.
Brainstorming, Delphi Technique, SWOT Analysis
B.
C.
D.
75. You are doing some work under contract, when the buyer requests you to add
some additional requirements which were not defined in the original contract. Since
satisfying the buyer is of paramount interest, you go ahead and incorporate the
requirements as part of the project. You are violating which Code of Professional
Conduct:
A.
Responsibility to maintain and satisfy the scope and objectives
B.
C.
D.
C.
D.
77. According to Herzbergs theory, the absence of hygiene factors can create job
dissatisfaction, but their presence do not motivate or create satisfaction. Which of
the following can be categorized as a hygiene factor?
A.
Recognition
B.
Responsibility
C.
Advancement in career
D.
Interpersonal relations
78. You are one of ten full-time project managers in your organization. You all share
two administrative persons. There are generally 30 - 40 projects per year that
involve about 30% of the organization employees - however, these employees do
not report to you. Your organization can best be classified as:
A.
Projectized
B.
Balanced
C.
Strong Matrix
D.
Weak Matrix
79. Because of the change in scope of your project, you may have to do all the
following except:
A.
Co-ordinate changes across knowledge areas
B.
Do Scope Planning
C.
D.
80. If there is a change to the approved cost baseline, the project manager must:
A.
Issue a Budget Update
B.
Perform Rebaselining
C.
D.
C.
D.
82. While obtaining responses from prospective sellers, you mention that you will
"Require certified PMPs as project managers for the project." This is an example of:
A.
Objective Evaluation Criteria
B.
C.
Procurement Documents
D.
Statement of Work
83. All the following tools are used for Product Analysis except:
A.
Value Engineering
B.
Value Analysis
C.
D.
Benefit/Cost Analysis
C.
D.
Identify Risks
C.
D.
86. While implementing your project, a team member brings to your notice, a risk
that was not mentioned in the Risk Register. In this case, you should:
A.
Accept the risk
B.
C.
D.
87. Dummy activities have zero duration and are used to show a logical relationship
between tasks. They can be used in all these diagrams except:
A.
CPM
B.
PERT
C.
D.
88. All the following refer to power derived by the position of the Project Manager
in the organization except:
A.
Penalty
B.
Expert
C.
Legitimate
D.
Reward
89. Which of the following are not Project Management Knowledge Areas?
A.
Project Integration Management
B.
C.
D.
90. A Work Breakdown Structure can be used for all the following except:
A.
Tracking project performance against cost and schedule
B.
C.
D.
C.
D.
Project Records
C.
Project Reports
D.
Performance Reports
C.
Contract Types
D.
Scope Statement
C.
Drawings
D.
Specifications
95. All the following are tools and techniques for Plan Quality EXCEPT:
A.
Flow charting
B.
Benefit/Cost Analysis
C.
Design of Experiments
D.
Quality Audits
C.
D.
Identify Risks
97. As a PMP Certified project manager, you are responsible for all the following
EXCEPT:
A.
Confidentiality of sensitive information which you have access to
B.
C.
D.
10 days
C.
16 days
D.
99. In your previous project, the project manager gave a lot of autonomy to the
team members to do as they deemed fit. At times, this lead to anarchy because the
team members were not very sure of what needed to be done. The manager
however followed a management style, which was:
A.
Directing
B.
Laissez Faire
C.
Delegating
D.
Democratic
100. As a Project Manager, you realize that it is very important to be a good leader.
Leading involves all the following except:
A.
Consistently producing key results expected by stakeholders.
B.
Establishing direction
C.
Aligning people
D.
101. During Direct and Manage Plan Project Execution, which area wills the Project
Manager spends least time on?
A.
Managing risks
B.
Documentation
C.
Conflict Resolution
D.
102. In your construction project, the CPI is 0.85 and SPI is 1.25. What could be the
potential reason?
A critical resource went on sick leave for a long period of time, which had
A.
not been anticipated earlier.
B.
The cost of raw materials required for construction increased 10% - you had
anticipated a cost increase of 12% in your project plans
C.
D.
There was 4 days waiting time in the curing of cement, and work could not
be done during that time.
103. You are collecting and disseminating information to provide stakeholders with
information about how resources are being used to achieve project objectives. This
is done as part of:
A.
Plan Communications
B.
C.
Performance Reporting
D.
Administer procurements
B.
C.
Terms and conditions of the contract become a key input to many of the
seller`s processes.
D.
105. Creating Work Breakdown Structures (WBS) is very helpful in managing the
project. The first step in creating a WBS is:
Identifying the major deliverables for the project.
A.
B.
C.
D.
Creating the cost and time estimates for each activity in the project.
106. You are the project manager for a manufacturing company involved with
making components for Internal Combustion Engines required for the automobile
industry. In the past couple of days, there have been too many defects, and you
would like to find out whether unusual events are occurring in your manufacturing
process whose causes must be identified and corrected? For this purpose, you
should use:
A.
Inspection
B.
Pareto Charts
C.
Control Charts
D.
Statistical Sampling
107. Risk identification helps in determining which risks might affect the project and
documenting their characteristics. All the following are tools and techniques to
Identify Risks EXCEPT:
A.
Documentation Reviews
B.
Checklist Analysis
C.
D.
Assumptions Analysis
108. In a project management context, all the following are Constructive Roles
EXCEPT:
A.
Information Seeker
B.
Recognition Seeker
C.
Consensus Taker
D.
Information Giver
Elapsed Time
C.
Project Schedule
D.
Critical Path
110. In your software project, you have a programmer who constantly professes to
know all about project management, and keeps challenging his superiors. The
programmer is playing the role of a (an):
Aggressor
A.
B.
C.
Devils advocate
D.
Dominator
Changing the password of one user used for logging into a bank web-site
C.
D.
C.
Corrective Action
D.
113. All the following are tools and techniques of Develop Human Resource Plan
EXCEPT?
A.
Networking
B.
Organizational Theory
C.
Parametric Modeling
D.
Organizational Charts
B.
C.
D.
115. All the following statements related to Fixed Price, Cost Reimbursable and
Time and Material contract are correct EXCEPT:
A.
In a Fixed Price contract, the product is well defined
B.
C.
D.
In a time and material contract, the type of payment is unit rates for work
done. The unit rate for work done is fixed but the total cost increases with
time
C.
Decision Trees
D.
117. You recently joined as a project manager for an existing project which is being
implemented (the previous project manager had to take 2 months personal timeoff). You are happy that the project is under budget and ahead of schedule. You also
notice that some features have been included which are not explicitly mentioned in
the project scope. While discussing with team-members, you were informed that
they thought the added features would be appreciated by the customer and were
hence included as part of the project. In this situation, you are:
A.
concerned because the project team is gold-plating
B.
C.
going to increase the sizing for the project, because it is delivering more
than what the customer had asked for
D.
increase the quality metrics for the project, since you are delivering better
quality
118. As a project manager, you understand that risk ratings and prioritization may
change during the life of the project. So, you make project risk an agenda at all team
meetings and schedule regular:
A.
Project risk response audits
B.
C.
D.
119. In your organization, you are the project manager of the engineering
department. But if questions related to manufacturing arise, they are passed up to
the engineering department head, who consults with the head of the manufacturing
department. Once the manufacturing head gets the answers, he passes it the
engineering department head, who in turn passes answer back down to you. The
organization structure you are working on is
A.
Weak Matrix
B.
Matrix
C.
Strong Matrix
D.
Functional
CPM
C.
Standard Deviation
D.
Variance
121. As a project manager, you realize the importance of team development for
Project human resource management. Team Development helps in developing
individual and group competencies to enhance project performance. All the
following are inputs to Develop Project Team EXCEPT:
A.
Project Management Plan
B.
C.
Project interfaces
D.
Resource Calendars
122. Which of the following statement related to Standards and Regulations is not
correct?
Standard is a document approved by a recognized body - there can be
A.
multiple standards for one product.
B.
C.
D.
123. Which of the following is not a process for Project Integration Management
A.
Develop Project Management Plan
B.
C.
D.
Project Initiation
Accelerated Depreciation
C.
D.
125. You had 4 people in your project, one more person will be joining next week.
You know that once the new person joins, the number of communication channels
will increase by:
A.
No change in number of communication channels
B.
C.
D.
10
126. Organizations performing projects will usually divide each project into several
project phases to improve management control and provide for links to the ongoing
operations of the performing organization. Collectively, project phases are also
called:
Program Life Cycle
A.
B.
C.
D.
Phase-Exit Gates
127. You are the project manager for a project which is being done under contract.
You are informed by the buyer that government regulations will necessitate some
changes in the project. What should you do first?
Talk with team members to understand implication of the change
A.
B.
C.
D.
128. Which of the following techniques to estimate cost is the least expensive?
A.
Top-down Estimating
B.
Parametric Modeling
C.
Bottom-up estimating
D.
129. A conflict resolution technique that results in a win-lose situation i.e. one party
wins at the expense of another is :
A.
Confronting
B.
Compromising
C.
Forcing
D.
Accomodating
130. In a bidder conference that you just attended, you tried to provide a clear,
common understanding of the procurement (technical requirements, contract
requirements etc.) Responses to questions posed by sellers were incorporated into
the procurement documents as amendments. What will you do next?
A.
Use Standard forms required to Conduct Procurements
B.
C.
Determine what type of contract should be used (i.e. fixed price, cost
reimbursable or time and material contract)
D.
C.
D.
132. Your project has been selected for a Quality Audit. Several of your team
members are nervous because they do not have exposure to audits and do not
understand what is expected from them. You explain to your team members that
the primary objective of a quality audit is to:
Identify how well the project compares with other projects in the
A.
organization
B.
C.
D.
133. As a project manager, you put a lot of emphasis on Risk Management. You just
completed Probability Impact Matrix to perform qualitative risk analysis. What
could be a next step?
Perform a structured review of project plans and assumptions, both at the
A.
total project and detailed scope levels
B.
C.
D.
Categorize Risks
134. Quality Audits, Reward and Recognition Systems and Information Retrieval
Systems are tools for :
A.
Executing
B.
Controlling
C.
Initiating
D.
Planning
Task1 -> Task3 -> Task4 -> Task5 is the critical path. What is the late Finish Date for
Task2?
A.
15
B.
17
C.
13
D.
Organizational Planning
C.
Team Development
D.
Project interfaces
C.
D.
138. The causes of variances and the reasoning behind the corrective action chosen
should be documented so that they become part of the historical database of the
performing organization. This is documented as part of:
A.
Project plan updates
B.
Corrective Action
C.
Lessons Learned
D.
Performance Measurement
139. Determine Budget involves allocating the overall cost estimate to individual
work activities or work packages. One output from Determine Budget process is:
A.
Cost Performance Baseline
B.
Cost aggregation
C.
Resource calendars
D.
Basis of Estimates
140. In your project, you are presently involved with collecting project records;
ensuring that they reflect final specifications; analyzing project success,
effectiveness, and lessons learned; and archiving such information for future use.
This is done as part of :
A.
Close Project or phase
B.
Administer Procurements
C.
Close Procurements
D.
Project archives
141. You are in the process of documenting project requirements and identifying
potential sources for Project Procurement Management. You understand the
benefits of PMP Certification, and as part of Plan Procurements, you specify having
a "PMP Certified" project manager will be an advantage for the seller. This is an
example of :
Procurement Document
A.
B.
C.
D.
Statement of Work
Formal or informal
C.
Direct or indirect
D.
143. All the following statements about "Quality" and "Grade" are true EXCEPT:
Grade is a rank given to entities having the same functional use but
A.
different technical characteristics
B.
C.
D.
144. 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 :
A.
Establish a contingency reserve
B.
C.
D.
145. Your previous project manager made most decisions by himself without
consulting subordinates. So, he believed in a leadership style that was:
A.
Laissez Faire
B.
Assertive
C.
Autocratic
D.
Coaching
146. Your project schedule has slipped by 2 weeks and you have to take corrective
action to bring the expected future schedule performance in line with the project
plan. To identify the cause of the variation, corrective action will require:
A.
Root cause Analysis
B.
C.
D.
147. In your project, you have designated a "war room" where your team
congregates and posts schedules, updates etc. This is an example of:
A.
Collocation
B.
Team-building activity
C.
Training
D.
148. Two technical resources in your team have been arguing consistently and you
would like to ensure that personality clashes do not endanger your project. To
resolve this issue, you should use:
A.
Leading and Influencing Skills
B.
Communication Skills
C.
Negotiation Skills
D.
149. If you would like to find out who will be approving changes in your project, you
can refer to the:
A.
Change Control system
B.
Project plan
C.
Organization Chart
D.
150. In your project, you are using Project files, commercial cost-estimating
databases and project team knowledge to determine the cost of many categories of
resources. This will help you in determining estimate of the costs of the resources
needed to complete project activities. This information is available to you as part of
:
activity duration estimates
A.
B.
estimating publications
C.
historical information
D.
chart of accounts
B.
C.
D.
152. During plan procurements, you identify which project needs can be best met by
procuring products or services outside the project organization. In this context,
which of the statements relating to Product Description and Statement of Work is
correct?
Product Description describes the ultimate end product of the project; a
A.
statement of work describes the portion of the product to be provided by a
seller to the project
B.
C.
D.
153. Develop Project Charter is done in which phase of the Project Management
Lifecycle?
A.
Initiation
B.
Planning
C.
Execution
D.
Beginning
154. Description of how a project management team should implement the overall
intentions and direction of an organization with regards to quality (as expressed by
top management) is available in:
A.
Operational Definitions
B.
C.
Checklists
D.
Quality Policy
155. All the following are examples of tool and techniques that can be used to
identify risks EXCEPT:
A.
Documentation reviews
B.
SWOT Analysis
C.
D.
Expert Judgement
156. Work Component Descriptions, schedule dates, cost budgets and staff
assignments are kept in :
A.
Work Packages
B.
WBS
C.
WBS Dictionary
D.
Chart of Accounts
157. Plan Quality involves identifying which quality standards are relevant to the
project and determining how to satisfy them. For this, you use "cost of quality" as a
tool. In this context, cost of quality refers to:
A.
Prevention, appraisal and failure costs
B.
C.
D.
158. In Project Initiation Phase, Expert Judgment will often be required to assess the
inputs to the process. This can be provided by all the following except:
A.
Professional and Technical associations
B.
Competitors
C.
Consultants
D.
159. All the following statements about Risk Management processes in real-life
project situations are typically correct EXCEPT:
A.
Processes interact with each other
B.
C.
D.
160. You recently took over the responsibilities of Project Manager from another
person. While reviewing the costs for the project, you realize there is a $ 100,000
payment, which should not have taken place. Your project CPI is 1.2. In this case:
Since this is a small amount compared to the total project value, it can be
A.
ignored.
B.
Since the project CPI is greater than one, you do not have any problems
with the cost of the project - hence, you can bury the costs in contingency
and move on with the project
C.
D.
7 days to 19 days
C.
12 days to 14 days
D.
11 days to 15 days
C.
D.
Organization Chart
163. While managing projects, negotiating helps in conferring with others to come
to terms with them or reach an agreement. A form of Assisted Negotiation is
A.
Arbitration
B.
Problem Solving
C.
Regulation
D.
Compromising
164. Project A had an initial investment of $ 3 million, out of which $ 1.5 million has
already been spent. Another competing project, Project B will require $ 1.6 million
now for completion and will meet the same objectives as project A. Which project
should you select?
A.
Project A
B.
Project B
C.
D.
165. All the following are Tools and Techniques for Collect Requirements EXCEPT:
A.
Focus Groups
B.
Observations
C.
Inspection
D.
Prototypes
166. Utility function is a commonly used technique to find out the tolerance of a
project manager towards risk. Some project managers are more averse towards risk
than others. All the following are different classifications of tolerance for risk
EXCEPT:
A.
Risk Averter
B.
Risk Seeker
C.
Risk Mitigator
D.
Risk Neutral
167. All the following are Tools and Techniques for Develop Schedule EXCEPT:
A.
Applying Leads and Lags
B.
Duration Compression
C.
Analogous Estimating
D.
168. Planning is of major importance for a project because project involves doing
something that has not been done before. What of the following is the most
important process in Planning phase?
A.
Scope Planning
B.
Cost Budgeting
C.
Scope Definition
D.
You know that Current Variances are atypical i.e. similar variances will not occur in the
future. What is the Estimate at Completion (EAC)?
A.
$ 15,000
B.
$ 20,000
C.
$ 20,500
D.
$ 22,000
2 years, 4 months
C.
3 years
D.
171. All the following statements about IRR (Internal Rate of Return) and NPV (Net
Present Value) are correct EXCEPT:
Net Present Value is difference between all present value of all inflows and
A.
present value of all outflows
B.
The prevailing market rate is used for Net Present Value Calculations
C.
Internal Rate of Return is the discount rate when Net Present Value = 0
D.
172. A project charter has all the following (Select the best option):
A.
Project Justification, Product, Deliverables and Objectives
B.
C.
D.
173. A well-constructed Scope Statement can provide all the following benefits
EXCEPT:
A.
Provide a documented basis for making future project decisions
B.
C.
D.
Verify Scope
C.
Define Scope
D.
Scope Planning
175. You are the project manager for an initiative aimed at releasing a new product
in the market. But because of Government Regulation, you will have to make some
changes to the project scope. Any modifications to the contents of the scope
statement should be done through:
A.
Scope Management Plan
B.
C.
D.
Project Plan
176. A Project Manager must have good understanding of the mechanics of power
and politics to be effective. As defined by Pfeffer, power includes all the following
except:
A.
The Potential to influence behaviour
B.
C.
D.
177. 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:
A.
Legitimate
B.
Expert
C.
Referent
D.
Reward
Cost Estimates
C.
D.
Bottom up Estimating
179. To get summary information about the project, you should use :
A.
Status Reporting
B.
Progress Reporting
C.
Forecasting
D.
Project Records
180. 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:
A.
Mandatory Dependency
B.
Preferred Logic
C.
Hard Logic
D.
External Dependency
181. You are in the process of identifying and documenting interactivity logical
relationships between different activities - to ensure that all activities are
sequenced properly to support later development. While doing activity sequencing
you realize that several tasks have conditional branches (e.g. a design update is only
needed if the inspection detects errors). You may use anyone of the following Tools
to sequence activities EXCEPT:
A.
PDM
B.
Dependency Determination
C.
Expert Judgement
D.
182. You have taken information on project scope and resources and then
developed durations for input to schedules. Since there was very limited
information about the project, you used actual duration of a previous, similar
activity as the basis for estimating future activity. This type of estimating can also be
referred to as:
A.
Top Down Estimating
B.
Expert Judgment
C.
Quantitative Estimating
D.
183. You have taken information on project scope and resources and then
developed durations for input to schedules. Since there was very limited
information about the project, you used actual duration of a previous, similar
activity as the basis for estimating future activity. What will be a next step after this
activity:
A.
Using Diagramming Techniques like GERT and Systems Dynamics
B.
Calculating theoretical Early and Late Start and Finish dates for all project
activities
C.
D.
184. You are using an Arrow Diagramming method to construct a project network
diagram - you use arrows to represent the activities and connect them at nodes to
show their dependencies. You can use all the following as Inputs for this process
EXCEPT:
A.
List of All Activities that will be performed on the project
B.
C.
D.
185. Project scope management includes the processes required to ensure that the
project includes all the work required, and only the work required, to complete the
project successfully. In this context, project charter plays a very important role
because it:
A.
Provides list of project deliverables
B.
C.
D.
Describes the project objectives i.e. quantifiable criteria that must be met
for the project to be considered successful
186. While doing Schedule Control, you often compare target dates with the
actual/forecast start and finish dates. This provides you useful information for the
detection of deviations and for the implementation of corrective solutions in case of
delays. This is done as part of:
A.
Performance Measurement
B.
Additional Planning
C.
Corrective Action
D.
Variance Analysis
187. You are the project manager of a software company which is involved with
creating an anti-virus software product. You are in the execution phase of the
project when you realize that there was an omission in defining the scope of the
project. What should you do?
A.
Issue a Change Request
B.
C.
D.
Procurement Audits
C.
Performance Reports
D.
189. You are the project manager for a software project responsible for creating a
software tool for your finance department. Once the project is completed,
maintenance of the product:
A.
Will not be part of the project life cycle
B.
Will be included in project life cycle because the same resources will be
used for maintaining the product as those who developed the product.
C.
D.
190. According to the 80/20 rule, 80 percent of the problems are because of 20
percent of the causes. To facilitate finding out which are the most probable defects,
you do a rank ordering of the defects using:
A.
Statistical Sampling
B.
Control Chart
C.
Pareto Diagrams
D.
Inspection
191. As part of Risk Management process, you just created an overall risk ranking of
the project, created list of prioritised risks, identified which risks need additional
analysis and determined trends in risk analysis results. What should you be doing
next?
A.
Assessing the impact and likelihood of identified risks
B.
Analyzing numerically the probability of each risk and its impact on the
project objectives
C.
D.
192. Your project was terminated early because of funding problems. You will use
Verify Scope to:
A.
Verify correctness of the work results produced
B.
C.
D.
C.
Crashing
D.
194. You are working in the Project Office of your organization. What is your job
responsibility?
A.
Managing the different activities of a project
B.
C.
D.
195. Central repository of project information, project files and shared folders are
examples of:
A.
Risk reduction techniques
B.
C.
Communication Plan
D.
Project Plan
C.
D.
Model is Scalable
Project Presentations
C.
Project Reports
D.
Performance Reports
198. All the following are true about contract negotiation except:
A.
Primary objective should be to build a lasting relationship
B.
C.
D.
199. Your company is going through a financial crisis and has set a pre-defined
budget to work with. For your project, a pre-defined budget will become a:
A.
Risk
B.
Assumption
C.
Constraint
D.
200. When all customer requirements for the product of the project are satisfied,
A.
Customer expectations are exceeded
B.
C.
D.