PMP Sample Questions Set2
PMP Sample Questions Set2
PMP Sample Questions Set2
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Answer : B
Hint: PMBOK 5, Page 21, Sec 2.1.3 Organization Structures
55 If project A has a net present value NPV of U.S. 30, 000andprojectBhasanNPVofU. S. 50,000, what is the
opportunity cost if project B is selected?
1. $23,000
2. $30,000
3. $20,000
4. $50,000
Answer : B
Hint: The opportunity cost is the monetary value of the project that was not chosen.
56 The contingency budget will:
1. Reduce the probability of scope changes.
2. Reduce the probability of cost overruns.
3. Increase the probability of a cost overrun.
4. Increase the probability of scope changes.
Answer : B
Hint: Read about Management Reserves, Page 206, Sec 7.2.2.6 Reserve Analysis, PMBOK 5
57 A project manager is quantifying risk for her project. Several of her experts are offsite, but wish
to be included. How can this be done?
1. Use Monte Carlo analysis using the Internet as a tool.
2. Apply the critical path method.
3. Determine options for recommended corrective action.
4. Apply the Delphi Technique.
Answer : D
Hint: PMBOK 5, Page 324. Delphi Technique doesn't require assembling together.
58 What percentage of the total distribution are 3 sigma from the mean equal to?
1. 68.26%
2. 99.99%
3. 95.46%
4. 99.73%
Answer : D
Hint: 3-sigma has a range for the process parameter at 0.27% control limits which is nothing but
59 A project manager holds the first risk meeting of the project team. The client is present at the
meeting. At the meeting several risks are identified and assigned to members of the project team
for evaluation and quantification. The result of the meeting is:
1. Expected value of the risk events.
2. Strategies for the risk events.
3. A list of potential risk events.
4. General statements about risks for the project.
Answer : C
Hint: The meeting is a part Identify Risks process
60 A project manager is using weighted average duration estimates to perform schedule network
analysis. Which type of mathematical analysis is being used?
1. Critical path method
2. PERT
3. Monte Carlo
4. Resource leveling
Answer : B
Hint: PMBOK 5, Page 553, Definition of PERT
61 If the earned value is 1000; ActualCostis500; and Planned Value is $4000, Calculate Cost
Performance Index.
1. 1
2. 3
3. 0.85
4. 2
Answer : D
Hint: CPI = EV/AC
62 Conflict resolution techniques that may be used on a project include confronting, smoothing,
forcing and:
1. withdrawing.
2. directing.
3. organizing.
4. controlling.
Answer : A
Hint: Common conflict resolution techniques are confronting, smoothing, forcing and withdrawing.
63 In the Monte Carlo technique, what is the criticality index?
1. The number of days the project will be late divided by the project duration
2. The percent of time a given activity will be on the critical path
3. The percent of time an activity will be late
4. The sum of the duration of the critical path activities divided by the project expected value
for duration
Answer : B
Hint: The criticality index of a task is sometimes put as a ratio but quite often as a percentage.
64 Which phase of the project is likely to have the greatest amount of its funding spent?
1. Initiating
2. Executing
3. Planning
4. Closeout
Answer : B
Hint: A large portion of project budget is expended in Executing Process group. Page 56, Sec 3.5
Executing Process group, PMBOK 5
65 A control chart shows seven data points in a row on one side of the mean. What should be
done?
1. Validating scope
2. Controlling the schedule
3. Performing Change Control
4. Manage Stakeholder Engagement
Answer : D
Hint: PMBOK 5, Page 61, Manage Stakeholder Engagement is an executing process
76 Resource leveling will generally:
1. Reduce the time needed to do the project.
2. Increase the total time necessary to do all the tasks.
3. Reduce the overutilization of resources.
4. Reduce resources to the lowest skill that is possible.
Answer : C
Hint: PMBOK 5, Page 559, Definition of Resource leveling
77 A task was scheduled to employ two persons, full time, and take two weeks to complete.
Instead, the project manager was only able to assign one person to this task. At the end of two
weeks, the person assigned to the task was 75% complete. What is the cost performance index?
1. 0.75
2. 1.50
3. 0.25
4. 1.15
Answer : B
Hint: Cost should be in proportion with percent complete.
78 You are a project manager who was just assigned to take over a project from another project
manager who is leaving the company. The previous project manager tells you that the project is
on schedule, but only because he has constantly pushed the team to perform. What is the FIRST
thing you should do as the new project manager?
1. Check risk status.
2. Check cost performance.
3. Check progress reports.
4. Tell the team your objectives.
Answer : C
Hint: Progress reports inform about the project progress and if the project is going as scheduled.
79 Which of the following is considered to be a simulation technique?
1. PERT analysis
2. GERT analysis
3. Monte Carlo analysis
4. Critical path method
Answer : C
Hint: PMBOK 5, page 180, Sec 6.6.2.5 Modeling Techniques
80 Extensive use of ----- communication is most likely to aid in solving complex problems.
1. verbal
2. written
3. formal
4. nonverbal
Answer : B
Hint: Written communication brings more clarity and avoids confusions.
81 When checking the calendar of a team member to schedule a meeting, you see she has
scheduled a meeting with a key stakeholder that you were not informed of. The best approach
would be to:
1. avoid mentioning it to the team member but continue to watch her activities.
2. notify your boss about the problem.
3. address the concern with the team member's boss.
4. address the concern with the team member.
Answer : D
Hint: Confronting is the best conflict resolution technique in this case.
82Project A has an internal rate of return IRR of 21 percent. Project B has an IRR of 7 percent.
Project C has an IRR of 31 percent. Project D has an IRR of ig percent. Which of these would be the
BEST project?
1. Project A
2. Project D
3. Project C
4. Project B
Answer : C
Hint: Project C has the highest IRR
83 The program evaluation and review technique PERT method of scheduling differs from the
critical path method CPM because the PERT method:
1. Uses weighted averages of activity durations to calculate project duration.
2. Uses dummy activities to represent logic ties.
3. Uses free float instead of total float in the schedule calculations.
4. Uses bar charts instead of logic diagrams to portray the schedule.
Answer : A
Hint: PMBOK 5, Page 553, Definition of PERT
84 The key inputs to activity definition are:
1. Work breakdown structure, the project schedule, and the network diagram.
2. Project schedule, progress reports, and change requests.
3. The project network diagram, constraints, and durations.
4. The work breakdown structure, the scope statement, and historical information that supports
the applicable activity
Answer : D
Hint: PMBOK 5, Page 150, Sec 6.2.1 Define Activities
85 The customer requests a change to the project that would increase the project risk. As a project
manager,Which of the following should you do before all the others?
1. Include the expected monetary value of the risk in the new cost estimate.
2. Talk to the customer about the impact of the change.
3. Analyze the impacts of the change with the team.
4. Divide the money equally among the team members except for the substandard team
member.
Answer : C
Hint: Acting on team consensus would be best.
96 A project manager is using a cause and effect diagram with the team to determine how various
factors might be linked to potential problems. In what part of the quality management process is
the project manager involved?
1. Quality analysis
2. Perform quality assurance
3. Control Quality
4. Plan Quality Management
Answer : D
Hint: PMBOK 5, Page 235, Sec 8.1.2 Plan Quality Management: Tools and Techniques97 During
which risk management process is a determination to transfer a risk made?
97 During which risk management process is a determination to transfer a risk made?
1. Identify Risks
2. Perform Quantitative Risk Analysis
3. Plan Risk Responses
4. Control Risks
Answer : C
Hint: PMBOK 5, Page 343, Sec 11.5.2 Plan Risk Responses: Tools and Techniques
98 Your cost forecast shows that you will have a cost overrun at the end of the project. Which of
the following should you do?
1. Eliminate risks in estimates and re-estimate.
2. Meet with the sponsor to find out what work can be done sooner.
3. Cut quality.
4. Decrease scope.
Answer : A
Hint: Risk mitigation helps avoid cost-overruns and schedule delays
99 At the request of the project team for a large project, the company.s purchasing department
advertises that they intend to let a contract for construction work associated with the project. This
is called:
1. Procurement planning.
2. Solicitation.
3. Outsourcing.
4. The procurement process.
Answer : B
Hint: PMBOK 5, Page 375, Sec 12.2.2 Conduct Procurements: Tools and Techniques
100 A project is considered complete when the :
1. BAC is equal to the PV.
2. The EV is equal to the AC.
3. The PV is equal to the AC.
4. The BAC is equal to the EV.
Answer: D
Hint: In an ideal scenario, when Earned Value equals Budget at Completion, it means the project is
completed.
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