New Semester
Started
Get
50% OFF
Study Help!
--h --m --s
Claim Now
Question Answers
Textbooks
Find textbooks, questions and answers
Oops, something went wrong!
Change your search query and then try again
S
Books
FREE
Study Help
Expert Questions
Accounting
General Management
Mathematics
Finance
Organizational Behaviour
Law
Physics
Operating System
Management Leadership
Sociology
Programming
Marketing
Database
Computer Network
Economics
Textbooks Solutions
Accounting
Managerial Accounting
Management Leadership
Cost Accounting
Statistics
Business Law
Corporate Finance
Finance
Economics
Auditing
Tutors
Online Tutors
Find a Tutor
Hire a Tutor
Become a Tutor
AI Tutor
AI Study Planner
NEW
Sell Books
Search
Search
Sign In
Register
study help
business
construction project management
PMP Project Management Professional Practice Tests 2nd Edition Kim Heldman, Vanina Mangano - Solutions
You are a project manager for the information technology division of a local satellite TV broadcasting company. This spring, the chief information officer for your company gave you the job of converting and upgrading all the PCs in the department to the latest release of a specific desktop
What is the present value of $8,000 received three years from the present using a 7 percent interest rate? Assume all options are rounded to the nearest whole dollar.A. $9,800 B. $6,530 C. $9,680 D. $6,612
Which of the following are considered factors that influence the initiation of a project?(Select three.)A. Compliance, legal requirements, or social requirements B. Stakeholder needs and requests C. Enhancement of existing operations D. Improvement of processes, services, or products
You are a full-time project manager working within the customer operations organization, reporting to the VP of customer solutions. Your boss manages the project budget. Which organizational structure do you work in?A. Functional B. Hybrid C. Project-oriented D. PMO
You work in an organization that is considered to be a project-oriented organizational type. What is an advantage of working in this type of organization?A. You have high to almost total access to resources.B. You have unlimited access to funds.C. You are a part-time project manager and can
Functional (centralized), matrix, and project-oriented are all types of which of the following?A. Communication styles B. Organizational cultures C. Organizational structures D. Project characteristics
A project manager is updating a presentation slide with updates on a high visibility project for a monthly customer service review. The purchase order for hardware has not been placed yet because of multiple complications in the process, which will cause the schedule to slip by a minimum of two
Robert is a new executive hired to lead the marketing department of a telecommunications company. He sits down with his most senior project manager to review a project that he will now take sponsorship for. After discussing business value, he asks to review the requirements and how the requirements
Premature closure of a project phase that is managed using an Adaptive approach is likely to experience greater failure due to sunk costs versus a project managed using a Predictive approach.A. This is a true statement.B. This is a false statement.
The cost of capital is 9 percent. Which of the following is true?A. Alternative A will earn a return of at least 12 percent.B. Alternative B will earn a return of at least 9 percent.C. The return is not known for either Alternative A or Alternative B.D. Both alternatives are viable choices.
The cost of capital is 12 percent.Alternative B’s initial investment equals $625,000. The PV of Alternative B’s expected cash inflows is $323,000 in year 1 and $300,000 in year
You are a project manager working on contract for an upscale retail toy store. Your project involves implementing a Party Event Planner department in stores in 12 locations across the country as a pilot to determine whether this will be a profitable new service all the stores should offer. You’ve
You are the project manager for a company that produces mobile phone applications.Currently, the director of the consumer division is evaluating two projects. Funding exists for only one project. Project UV aims to produce a mobile phone application that sends alerts when the UV rays are at
Yasmin is a senior project manager who has just taken on a project that will produce a new line of medical widgets for a Fortune 100 company. The entire industry is buzzing with excitement over this project, which is estimated to span three years and require an investment of $1.5 billion from the
You are the newly appointed project manager of a high-profile, critical project for your organization. The project team is structured outside your normal organizational structure, and you have full authority for this project. What type of organization does this describe?A. Hybrid B. Strong matrix
All of the following statements are true regarding NPV except which one?A. NPV assumes reinvestment at the cost of capital.B. Projects with NPV greater than zero should receive a go decision.C. NPV is the discount rate when IRR equals zero.D. Projects with high returns early on should be favored
All of the following are true regarding honesty as a value project managers should uphold, except for which one?A. Personal gain should never be a factor in any project decision.B. Honesty can include reporting the truth regarding project status.C. Honesty only involves information regarding your
The project manager reviews lessons learned from past similar projects to start the project off on the right foot. What input contains lessons learned and historical information from past projects?A. Organizational process assets B. Enterprise environmental factors C. Project documents D. Lessons
All of the following are examples of constrained optimization methods except for which one?A. Economic models B. Integer C. Dynamic D. Multi-objective programming
Antwon, the director of marketing, approaches you to tell you about the latest idea he had for a new phone app that he called Project UV2. Since he was the brain behind the company’s top-selling app, you take him seriously. He notes that his idea involves enhancing the existing UV app by
Which of the following best defines a program?A. A temporary endeavor undertaken to create a unique product, service, or result B. Related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually C. The
Which of the following values represents taking ownership for the decisions you make or fail to make, the actions you take or fail to take, and the consequences that result?A. Responsibility B. Fairness C. Respect D. Honesty
As a value upheld by the project management community, honesty entails which of the following?A. Ensuring integrity B. Truthful reporting C. Reporting ethics violations D. Avoiding conflict of interest
A program manager working for an infectious disease nonprofit has just been assigned to a program that seeks to solve a deadly issue plaguing a third-world country. The issue involves a deadly bacteria that has entered into a major water source that branches out into multiple regions across the
Reasons to Lyv is the top client of a large marketing firm. Trudy is the president of Reasons to Lyv and has decided to launch a product that leverages new GPS tracking technology. She has high confidence that the project will be a success and asks the marketing firm to make it their top priority
Which of the following project selection methods is considered to be the least precise?A. Payback period B. Benefit-cost ratio C. Scoring models D. Net present value
All of the following are true regarding projects except for which one?A. They are temporary in nature.B. They can be progressively elaborated.C. They produce unique products, services, or results.D. They can continue without an ending date.
Which of the following is true about benefit-cost ratio?A. It is the quickest and least precise project selection method.B. It uses algorithms to calculate the ratio.C. Benefit-cost ratio is the most difficult equation to calculate.D. Benefit-cost ratio is also known as cost-benefit analysis.
You are a senior manager overseeing projects for Fun Days Vacation Packages. You manage projects and weigh the value of each project against the business’s strategic objectives. You also monitor projects to make certain they adhere to those objectives and that you get the most efficient use of
A project manager is putting together the project charter and is interested in referencing marketplace conditions to understand the factors surrounding the project. What is a valid input that the project manager can reference to get this information?A. Organizational process assets B. Enterprise
Sue is the head of an enterprise PMO. She delivers a presentation at the annual company meeting to describe her roles and responsibilities and the value of the PMO. As part of her presentation, she notes that the PMO is responsible for ensuring that projects, programs, and portfolios are aligned
A PMO leader is guiding the organization through Agile adoption. What characteristics should she consider when evaluating organizational readiness of Agile approaches? (Select three.)A. Focus on long-term goals B. Management’s willingness to change C. Willingness of the organization to shift its
A functional manager hosted a celebration for the project team to reward them for a job well done that led to the successful completion of a major project. It was clear to the project manager that the team was relaxed and enjoying themselves, with some talking about upcoming vacation plans. What
A project manager is performing activities associated with the Plan Procurement Management process. Which tool or technique can the project manager use to gather information on specific seller capabilities?A. Market research B. Advertising C. Source selection analysis D. Make-or-buy analysis
Which environmental factor should you pay close attention to when carrying out the Identify Stakeholders process?A. Lessons learned and historical repositories B. Company culture and organizational structure C. Existing policies, procedures, and guidelines D. Stakeholder registers from past similar
A portfolio manager is leading a project portfolio planning exercise to determine which projects will move forward in the new quarter that support the strategic goals of the portfolio. She decides to use a scoring model to rate projects against the following three criteria: profit potential, ease
Which of the following are types of PMOs? (Select three.)A. Directive B. Center of Excellence C. Supportive D. Controlling
You are a project coordinator and work in an organization that is considered to be a weak-matrix organizational type. What is a disadvantage of working in this type of organization?A. You have little authority.B. You have limited funds.C. You can only use the waterfall methodology.D. You have job
Which of the following represent components of a benefits management plan? (Select all that apply.)A. Strategic alignment B. Metrics C. Target benefits D. Business need
Which of the following best defines business value?A. The explanation for how benefits will be created, maximized, and sustained by the project B. The net quantifiable benefit derived from a business endeavor C. Critical success factors of the project D. An outcome of actions, behaviors, products,
You have just started working for a new company. Your previous project management experience made you stand out from your competitors. Your new business cards are being printed with the title of project coordinator. You discover that the project charter for the project you are working on was never
Project selection methods might include all of the following except for which one?A. Benefit measurement methods B. Constrained optimization analysis C. NPV calculations D. Alternatives analysis
Quincy and Michael are two executives of Widgets for Life, a company providing the latest cool lifestyle gadgets. As part of their annual planning process, they sit down to evaluate three projects linked to their department objectives. They decide to use benefit measurement methods to help them
Which organizational process asset should you consider when closing out a project or phase?A. Marketplace conditions B. Configuration management knowledge base C. Financial management and accounts payable system D. Procurement policies
You are the project manager of a construction company that is working on a project to build a new community of townhomes. A vendor that is bidding on the electrical contract for the project knows you are a big fan of your favorite comedian and sends you two tickets to attend a show. You know that
You have been with your company for three months. You were hired as a project manager and are anxious to get started on your first project. Your organization is considering taking on a project that has considerable risk associated with it and you don’t know the outcome. The selection committee is
All of the following are true regarding the organizational process assets updates output of the Manage Communications process except for which one?A. Stakeholder notifications are part of this output and go hand in hand with one of the areas covered in the Role Delineation Study in the PMI Code of
All of the following statements about fairness are true except for which one?A. Conflicts of interest might include your associations or affiliations.B. Accepting vendor gifts is sometimes acceptable.C. Fairness includes avoiding favoritism and discrimination.D. Fairness encompasses diversity
Reasons to Lyv is the top client of a large marketing firm. Trudy is the president of Reasons to Lyv and has decided to launch a product that leverages new GPS tracking technology. She has high confidence that the project will be a success and asks the marketing firm to make it their top priority
What brings together a set of tools and techniques to describe, organize, and monitor the work of project activities?A. Projects B. Project management C. Portfolio management D. Programs
A project manager has just been assigned to a newly approved project and has been tasked with developing the first draft of the project charter. To better understand the financials, the project manager decides to review the net present value and payback period calculated for the project. Which of
A method of managing projects in small, incremental portions of work that can be easily assigned and completed within a short period of time describes what methodology?A. Waterfall B. Lean C. Agile D. Iterative
Which of the following is true?A. There are five project management process groups, and they are Initiating, Planning, Executing, Monitoring and Controlling, and Closing.B. There are 55 project management processes, which can be grouped by process group or Knowledge Area.C. There are 10 project
Phase endings are characterized by which of the following?A. Deliverables quality analysis and written sign-off B. Completion, review, and approval of deliverables C. Deliverables review and written sign-off D. Completion, quality analysis, and approval of deliverables
After meeting with several subject-matter experts, the project manager determines that the project phases will need to occur one after the other. What project life cycle is the project manager using?A. Sequential B. Overlapping C. Iterative D. Incremental
The project processes are iterative, are results oriented, and interact with each other.Shewhart and Deming developed a concept that reflects this idea. Which of the following is the name of this cycle?A. Plan-Do-Check-Act B. Initiate-Requirements-Execute-Close C. Select-Plan-Monitor-Act D.
A sponsor meets with the project manager to better understand when the team will complete the project. The project manager notes that the team is completing an average of 40 story points per sprint, and as a result, they would complete the project within five iterations. She shows the sponsor a
At the end of a sprint, the Scrum team met to talk through what went well and what could be improved. One engineer noted that the recent changes to daily stand-ups were working. Which of the following describes the actions that the Scrum team carried out?(Select two.)A. Facilitated a collaboration
All of the following are true statements except for which one?A. Daily stand-ups are a critical component of planning.B. Daily stand-ups last no more than 15 minutes.C. Daily stand-ups are used to uncover problems.D. Daily stand-ups are used to ensure work is progressing well.
The characteristics of project life cycles vary and should be considered when determining which life cycle is the best fit for a project. Match the delivery life cycle approach based on where it falls on the continuum when considering frequency of delivery and degree of change. Life Cycle A.
Match the Agile approach with its description. Agile Approach A. Scrum B. Kanban C. eXtreme programming D. Feature-driven development E. Agile unified process Description 1. Allows for continuous flow of work and value to the customer. This approach is less prescriptive and pulls single items
Round to one decimal point.A. 70.0 B. 70.7 C. 71.3 D. 72
Using the estimates provided, calculate the beta distribution: most likely estimate(ML) = 72, optimistic estimate (O) = 55, pessimistic estimate (P) =
You are a project manager working on manufacturing a new product. The operational process is very detailed. One of the components of the product must measure 1 centimeter by 1 centimeter. Reliability is measured using a machine that samples one part in every hundred to assure the measurements are
Sue leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. During an Agile training session for her organization, a team member asks, “How many people are on a project team?”What response is Sue likely to
Which of the following estimate ranges represents a rough order of magnitude?A. −5 percent to + 10 percent B. −50 percent to + 50 percent C. −25 percent to + 75 percent D. −10 percent to + 25 percent
Grant hesitantly knocks on his project sponsor’s door to notify her of a budget overage that has occurred. Because of a vendor error, he shared that a critical piece of equipment would cost $30,000 more than originally estimated. Fortunately for Grant, the sponsor understood the situation and
Julie is a product manager responsible for a line of smart water bottles that connect to a mobile app to capture data and provide suggestions regarding your drinking habits. In preparation for the upcoming sprint, she meets with the team to ensure that stories are clear and appropriately sized.
A project manager facilitates the voting process for decision-makers who have convened to review a major deliverable that has been completed. The intent of the meeting is to vote on whether to approve and accept the deliverable. What key input will the committee need to reference to vote?A.
Using the earned-value analysis technique, a project manager calculates a schedule performance index of 0.75 and a cost performance index of 1.25. To bring the schedule back on track, the project manager decides to allocate additional resources to critical activities in order to complete them
Brad works as a project manager for a prominent law firm. His latest project involves an office move that will accommodate a 10 percent growth in staff over the next two years.Because of an unexpected increase in infrastructure costs, he calculates that he will be$2,000 over budget. What document
Julie is a product manager responsible for a line of smart water bottles that connect to a mobile app to capture data and provide suggestions regarding your drinking habits. As part of her usual routine, she grabs a cup of coffee in the morning, sits at her desk, and evaluates the prioritization of
The Project Integration Management Knowledge Area is concerned with which of the following?A. Ensuring timely and appropriate planning, collection, creation, distribution, storage, retrieval, management, control, monitoring, and ultimate disposition of project information B. Identifying, combining,
A project sponsor called the project manager to express concern over not seeing the latest weekly update on the progress of the project. What is the sponsor looking for?A. Work performance data B. Work performance report C. Work performance information D. Communications management plan
Julie is a product manager responsible for a line of smart water bottles that connect to a mobile app to capture data and provide suggestions regarding your drinking habits. Julie meets with the Scrum team to talk through a major issue that threatens the latest release.Together, the team decides to
Midway through the delivery of development services, a customer requested that new requirements be incorporated. When asked to submit a change request to modify the terms of the contract, the customer refused and insisted that the changes be implemented at no cost. After multiple discussions,
A risk manager convened with the project manager to discuss the progress of the project.The risk manager shared concerns about feedback received regarding the low likelihood that the team would achieve their go-live date successfully. What activity is the project manager likely to perform next?A.
These processes are responsible for distributing information about the project to the stakeholders and satisfying the needs of the stakeholders by managing communications with them, respectively.A. Manage Stakeholder Engagement and Manage Communications B. Manage Stakeholder Engagement and
Match the term with its definition. Term A. Story points B. Burndown chart C. Burnup charts D. Velocity Definition 1. A unit-less measure used in relative user story estimation techniques 2. A visual representation of the work completed toward the release of a product 3. The sum of story point
Emma is a project manager working on a project that will require a specially engineered machine. Several manufacturers can make the machine to the specifications Emma needs.She will use purchase price as the sole criterion for choosing from among the vendors.Which of the following is true regarding
What action can a project manager take if the selected risk response strategy turns out not to be fully effective?A. Develop and implement a fallback plan B. Document and respond to a secondary risk C. Actively accept the risk D. Update the risk register with the outcome
You are a senior project manager for a company that produces mobile phone applications.In your latest project, you have teamed up with another project manager, who will manage a subset of the project. She tells you that the work packages have been decomposed and milestones captured for her
Your project sponsor has reviewed the initial project schedule you created for the project.She is not happy with the project end date because it doesn’t match the promise date she gave the customer. You decide to use some compression techniques first. Which of the following statements should you
You are a project manager for Time Will Tell, an international watch manufacturer. Your project entails developing a watch with global positioning satellite (GPS) capabilities.Kit is a junior staff member with two years of experience in GPS technology. Carrie is a senior staff member with five
Which of the following represents a definitive range of estimates?A. −25 percent to +75 percent B. −5 percent to +10 percent C. −10 percent to +10 percent D. −50 percent to +50 percent
Which of the following statements best describes the product scope?A. The work performed to deliver a product, service, or results with the specified features and functions B. The higher-level needs of the organization as a whole and the reasons why a project has been undertaken C. The features and
Marysil, an enterprise project manager for Cups on Fire, is in the process of sequencing activities with her team to develop the project schedule. One team member noted that when the next-generation prototype cup is cauterized, it will need to sit for a period of two days before it can be
A product owner attends a session with the team and other key stakeholders to review a demonstration of the deliverable produced. What is the frequency of this type of meeting when following an iteration-based Agile approach?A. At the beginning of the iteration B. At the end of the iteration C. At
Nicolas is the project manager of a project that has been described as revolutionizing the mobile fitness tracking industry. He recently finalized and published the scope. A key subject-matter expert on his team asks to see the list of acceptance criteria. What document will Nicolas reference to
You have decomposed the deliverables for your project as follows: Project Management, Design, Build, and Test. The Design deliverable is further decomposed to include these deliverables: product design document, blueprints, and prototype. Adequate cost and schedule estimates have been applied to
A project manager is carrying out activities associated with the Manage Communications process. What result will these activities produce?A. Ensuring that the information needs of the project and its stakeholders are met B. Developing an appropriate approach and plan for project communication
Which of the following project management documents records challenges, problems, realized risks, and opportunities?A. Issue log B. Lessons learned register C. Risk register D. Project documents
A Scrum master facilitates a monthly session with the team to discuss what went well in the latest sprint, what could have gone better, and what they will commit to improving in the next sprint. This meeting is referred to as a:A. Sprint retrospective B. Sprint review C. Sprint planning D. Stand-up
You have devised some proposal evaluation criteria based on past performance, contract compliance, and quality ratings to select a seller. Your organization has used two of the three vendors that bid on this project on previous projects, so you are comfortable using whichever one is selected. Which
Which of the following describes who is responsible for the quality assurance of the project?A. Project manager B. Project manager and project team members C. Stakeholders D. Project team members, project manager, and stakeholders
Contract phases are closely related to the Project Procurement Management Knowledge Area processes. Which of the following are true? (Select three.)A. The requirement stage, which establishes the project and contract needs, is related to the Plan Procurement Management process.B. The requisition
Roshoud is serving as the project sponsor for a high-visibility project within the Galactic Kidz corporation. During a weekly executive status meeting, he expresses concern regarding quality assurance and requests an update. Quality assurance is most concerned with what?A. Using processes
Sally is a project manager who works at Galactic Kidz. While managing the execution of the project team’s work, she notices that two critical activities are delayed and decides to speak to the project sponsor. What action are Sally and the project sponsor likely to take?A. Preventive action B.
You work within a team that uses a feature-driven development approach to manage software projects. As the senior project manager on the team, you know from experience the criticality of communication. You often coach other project managers on the various elements of communication, which are
Leticia is a project manager working for Dancing Apron, a company that combines cooking with simple children’s cooking recipes and music. Her latest project involves the release of the company’s first digital product that parents will be able to purchase and download online. Kip, who is the
Showing 3700 - 3800
of 6659
First
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Last
Step by Step Answers
Get 50% OFF
Claim Now
