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    Project Management Professional Practice Quiz 1

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    Ravi Satyapal
    The document summarizes the results of a project management professional practice quiz. The respondent scored 30% and missed questions about which project to pursue based on financial metrics, the relationship between predecessor and successor tasks, and the appropriate action for a project team when an alternative approach poses environmental risks. The email provides detailed explanations for each missed question.

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    Project Management Professional Practice Quiz 1

    Uploaded by

    Ravi Satyapal
    53 views3 pages
    The document summarizes the results of a project management professional practice quiz. The respondent scored 30% and missed questions about which project to pursue based on financial metrics, the relationship between predecessor and successor tasks, and the appropriate action for a project team when an alternative approach poses environmental risks. The email provides detailed explanations for each missed question.

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    © © All Rights Reserved

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    The document summarizes the results of a project management professional practice quiz. The respondent scored 30% and missed questions about which project to pursue based on financial metrics, the relationship between predecessor and successor tasks, and the appropriate action for a project team when an alternative approach poses environmental risks. The email provides detailed explanations for each missed question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    53 views3 pages

    Project Management Professional Practice Quiz 1

    Uploaded by

    Ravi Satyapal
    The document summarizes the results of a project management professional practice quiz. The respondent scored 30% and missed questions about which project to pursue based on financial metrics, the relationship between predecessor and successor tasks, and the appropriate action for a project team when an alternative approach poses environmental risks. The email provides detailed explanations for each missed question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    4/27/2020 Project Management Professional Practice Quiz 1

    Project Management Professional Practice Quiz 1 Results

    30%

    Below are the questions you missed on the quiz. An email with detailed explanations for each
    question has also just been emailed to you.

    2. Based on the information provided below, which project would you recommend for being
    pursued?Project I, with BCR (Benefit Cost ratio) of 1:1.6; Project II, with NPV of US $
    500,000; Project III, with IRR (Internal rate of return) of 15% Project IV, with opportunity
    cost of US $ 500,000.
    Project I
    Project III

    4. What kind of a relationship is implied when completion of a successor is dependent on


    initiation of its predecessor?
    FS
    SF

    5. What should a project manager do or follow to ensure clear boundaries for project
    completion?
    Scope definition
    Completing a scope statement

    6. An organization is certified to a stringent environmental standard and uses that as the


    key differentiator with its competitors. Alternative identification during scope planning for a
    particular project has thrown up an expeditious approach to achieve a project need, but this
    involves a risk of environmental contamination. The team evaluates that the likelihood of
    the risk is very low. What should the project team do?
    Plan all precautions to avoid the risk
    Drop the alternative approach

    https://www.surveygizmo.com/s3/4786389/Project-Management-Professional-Practice-Quiz-1 1/3
    4/27/2020 Project Management Professional Practice Quiz 1

    7. The following three tasks form the entire critical path of the project network. The three
    estimates of each of these tasks are tabulated below. How long would the project take to
    complete expressed with an accuracy of one standard deviation? Task Optimistic Most
    likely Pessimistic A 15 25 47 B 12 22 35 C 16 27 32
    75.5 +/- 8.5
    75.5 +/- 7.08

    8. After a study of the work processes on a project, a quality audit team reports to the
    project manager that irrelevant quality standards were being used by the project, which
    might lead to rework. What was the objective of the project manager in initiating this study?
    Quality planning
    Quality assurance

    10. Which of the following is NOT an input to project plan execution?


    Project plan
    Work authorization system

    11. A project manager would find team development the most difficult in which form of
    organization?
    Balanced Matrix organization

    Weak Matrix organization

    13. Once the project is complete, the complete set of project records should be put in
    which of the following?
    Project report
    Project archives

    14. Which of the following is a common format for performance reporting?


    Responsibility assignment matrices

    Bar charts

    15. If the cost variance is positive and the schedule variance is also positive, then it
    indicates that …
    Project is under budget and behind schedule
    Project is under budget and ahead of schedule

    17. Which one of the following is the last step of project closing?
    Client has accepted the product

    Archives are complete

    18. Who should be involved in the creation of lessons learned, at closure of project?
    (choose the BEST answer)
    Project team

    https://www.surveygizmo.com/s3/4786389/Project-Management-Professional-Practice-Quiz-1 2/3
    4/27/2020 Project Management Professional Practice Quiz 1

    Stakeholders

    19. An organization has recently started outsourcing work to a low cost, high value
    engineering center located in a different country. Which of the following should the project
    manager ensure for the team as a proactive measure?
    A training course on the laws of the country

    An exposure to the cultural differences

    100%

    https://www.surveygizmo.com/s3/4786389/Project-Management-Professional-Practice-Quiz-1 3/3

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