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pmp® exam practice test and study guide

PMP® Examination Practice Questions: 400 Practice Questions And Answers To Help You Pass 1st Edition Sean Whitaker (Author) - Solutions

You are using your risk management plan and your risk register to check if your assessment of risks is accurate, if there are any new risks, or if new information is available about existing risks. Which of the following inputs would not be of use to you to complete this work?A: Project management
The project you are working on is over halfway through, and you have begun to measure that price increases on the steel that you require for the project have gone 8% over your estimate for price increases over the timeframe of the project. As a result, you put in place a policy to procure all the
Despite your best efforts at anticipating and documenting all risk and uncertainty on your project, you have encountered a completely unforeseeable risk that will incur significant extra cost to your project. You decide to approach your project sponsor and ask for permission to get these extra
Your project has been underway for 9 months when a major problem occurs that is not included in the risk register. What is your BEST course of action?A: Begin the process of evaluating the risk qualitatively, then quantitatively.B: Begin the process of evaluating the risk quantitatively, then
You have completed the final steps to develop a complete risk register with identified risks, a priority assessment, a qualitative assessment of all risks, a quantitative assessment of the top priority risks, and you have also identified appropriate risk responses for each risk. Which of the
You and your project team have completed your risk register, including planned responses to identified risks. What is your next step?A: Update the work breakdown structure.B: Begin the Control Risks process.C: Perform another iteration of the risk register.D: Update your project sponsor on the
You are about to tender for a large, multi-billion dollar infrastructure project, and your general manager has just announced a joint venture with another company to help with risk management. This is an example of what sort of risk response?A: Sharing B: Avoidance C: Mitigation D: Exploiting
All of the following are acceptable responses to positive risks except?A: Accept B: Mitigate C: Enhance D: Exploit
You have decided to take out insurance on your project to cover your project financially if a risk occurs. This is an example of what sort of risk response?A: Transference B: Mitigation C: Sharing D: Avoidance
You are managing a project to build a large hydro dam for electrical power generation, which will be built over a known seismically active area. Your team decides to strengthen the core structure of the dam to better tolerate any earth movements that may occur. This is an example of what sort of
A project manager is faced with making a large decision about a risk that her project team has identified. The risk involves the design of a car component.It has been found that the weld of the component where the load-bearing flange is located will corrode in a high salt environment. If this takes
Your team has completed the process of assessing and documenting risks that may occur on your project. What is the next step to complete?A: Identify risks.B: Control risks.C: Plan risk responses.D: Execute the project tasks.
You have documented and quantitatively assessed the risk to your project and the potential outcomes in a diagram to show the different outcomes of events should a particular probability occur, in order to determine the expected monetary value.What is this technique generally called?A: What-if
You are currently performing risk analysis on a large and extremely complex project. Your project team decides that the most comprehensive way to approach the process of risk analysis is to examine all the possible outcomes using an iterative computer simulation process to model a range of
Your team is completing an exercise to determine which risks have the greatest potential impact on your project. They are assessing the extent to which the uncertainty of each element of the project affects the risk being examined when all other uncertain elements are held at static baseline
Which of the following is not an example of a probability distribution?A: Normal distribution B: Obtuse distribution C: Triangular distribution D: Beta distribution
After completing your risk register and a quantitative assessment of the financial value of prioritized risks on your project, you have a dollar amount added to your project budget. What is this amount typically called?A: Contingent response strategy B: Management reserve C: Slush fund D:
If a risk event has a 80% chance of occurring, and if it does occur, the consequence will be a $10,000 cost to the project, what does -$8,000 represent to the project?A: Quantified risk B: Probabilistic risk assessment C: What-if analysis result D: Expected monetary value
If a project has a 65% chance of a $200,000 profit and a 35% chance of a $100,000 loss, what is the expected monetary value for the project?A: -$100,000 B: $100,000 C: $165,000 D: $95,000
If a project has a 40% chance of achieving a $17,000 profit and a 60%chance of achieving a $20,000 loss, what is the expected monetary value of the project?A: -$3,000 B: $37,000 C: $5,200 D: -$5,200
Three-point estimating is a commonly used technique for g athering and analyzing data. It is used in all of the following project areas except?A: Project risk management B: Project time management C: Project quality management D: Project cost management
After completing work to perform qualitative risk analysis on identified risks in your risk register, you have produced several updates to your risk register. Which of the following processes described in the PMBOK ® Guide indirectly uses these updates?A: Identify Risks B: Project Integration
Your team is completing the process of numerically analyzing the effect of identified risks on your project objectives. Which PMBOK ® Guide process best describes the work they are carrying out?A: Plan Risk Response B: Perform Qualitative Risk Analysis C: Perform Quantitative Risk Analysis D:
An important aspect of your qualitative risk analysis is determining the validity of the information you are using. What is this technique commonly called?A: Risk data quality assessment B: Assumption analysis C: Risk urgency assessment D: Risk categorization
While completing your assessment of the risks on your project, you begin to examine the ones with the greatest potential threat to your project. You are using a diagram to help you complete this task, and you are currently looking at the high priority risks for further analysis. What diagram would
Your team is using your risk register to prioritize risks for further analysis by assessing their probability of occurrence and impact. What PMBOK ® Guide process best describes the work they are carrying out?A: Plan Risk Management B: Perform Quantitative Risk Analysis C: Identify Risks D:
Your team is using the project risk register and has started a quantitative assessment of the risks. You tell your team that it is better to start with qualitative analysis first. What reasons do you give your team for this decision?A: Quantitative analysis takes the numerical values assigned
As project manager on a project, you have begun the process of qualitatively assessing the probability and impact to risks that have been identified on your project. Which of the following is not an input you would find useful in completing this work?A: Project charter B: Risk management plan C:
Your team is carrying out the process to identify the risks to the project and is identifying strengths and weaknesses of the organization by looking at the way these strengths offset threats and opportunities that may serve to overcome weaknesses. What technique are they using?A: SWOT analysis B:
Your team has successfully identified many categories of risks, and within each category they have identified specific risk events that may impact your project. You have documented all of this information in an initial list of identified risks as part of the iterative development of your risk
You and your team are completing the process of identifying risks on your project, and you wish to use a particular type of diagram to represent risk characteristics. All of the following are diagramming techniques used during the Identify Risks process except?A: Process flow chart B: Cause and
You are using your risk management plan to guide the work needed to identify both positive and negative risks on your project. Which of the following is not a tool or technique you would find useful to complete this work?A: Assumptions analysis B: Information gathering techniques C: Risk urgency
You and your team are in the process of identifying all potential uncertainty and risk on your project. You wish to ensure that your risk register is as comprehensive as possible; as such you are looking for as many relevant inputs as possible to assist you in this process. Which of the following
You are congratulating your team for the time and effort taken to develop the first iteration of your project risk register. You are now contemplating the many uses that your risk register will have in your project and the many different areas in which it can be used as an input into the work being
Your team is carrying out the process of determining which risks may affect the project and documenting their characteristics. You are using a variety of tools and techniques, including documentation, reviews, information gathering techniques, checklist analysis, and SWOT analysis. What is the name
Your risk management planning session has produced definitions of risk probability and impact. These are used during which PMBOK ® Guide process?A: Perform Quantitative Risk Analysis B: Identify Risks C: Perform Qualitative Risk Analysis D: Plan Risk Management
As part of your risk management planning, you develop a diagram showing the hierarchy of project risks arranged by risk category and subcategory. What is this diagram commonly called?A: Risk assessment register B: Risk breakdown structure C: Probability and impact matrix D: Risk register
You and your project team are currently involved in the process to plan your particular approach to risk management on your project and are using a variety of tools and techniques to assist you in producing the risk management plan. Which of the following is not a tool or technique used during the
During a meeting to develop your risk management plan, a senior team member questions whether you have all the required inputs to develop a robust risk management plan that is appropriate for your project. Which of the following is not an input that you could use to complete this work
When should you begin risk management on a project?A: When you are completing the monitoring and controlling.B: Once project planning has commenced.C: Once project execution has commenced.D: As soon as a project is initiated or conceived.
The willingness to accept varying degrees of risk is called what?A: Risk tolerance B: Risk acceptance C: Risk planning D: Risk analysis
While completing your risk management plan you also decide to create a fallback plan. What is the main reason for creating a fallback plan?A: To deal with known risks with a large uncertainty about the probability of occurrence.B: Unknown risks that cannot be managed proactively.C: Unknown risks
When completing your risk management plan you also decide to create a contingency plan. What is the main reason for creating a risk contingency plan?A: Unknown risks that cannot be managed proactively.B: To deal with known risks with a large uncertainty about the probability of occurrence.C:
All of the following are characteristics of risks except?A: Risk is always in the future.B: Risk is an uncertain event or condition.C: If a risk occurs, it will have an effect on at least one project objective.D: Risk cannot be avoided.
What is the best description of the objectives of the risk management work you will undertake on your project?A: Increase the probability and impact of positive events and decrease the probability and impact of negative events.B: Decrease the probability and impact of positive events and increase
There are 36 communications channels on a project. How many stakeholders are there in the project?A: 6 B: 36 C: 18 D: 9
Which of the following has been identified as one of the single biggest reasons for project success or failure?A: Enterprise environmental factors B: Financial accountability and accuracy C: Appropriate communication D: The nature of the working relationship between project sponsor and the project
A project manager should spend approximately how much of their time communicating to team members and stakeholders to effectively contribute to project success?A: 50%B: 5%C: 90%D: 70%
Several of your stakeholders are raising issues with you, and you are documenting their issues in an issue log and providing feedback to the stakeholders about the status and any resolution of the issues. Furthermore, you are using the issue log as an input into a process because it provides a
Which of the following would you not expect to see in a detailed project performance report?A: Current status of risks and issues B: Staff performance reviews C: Forecasted project completion D: Summary of changes approved in the period
Your project team has just finished the first round of soliciting information from experts about what they think the forecasted future performance on your project will be using information supplied to them. You are currently assessing the information supplied anonymously by the respondents and plan
You are using historical data about your project to forecast an estimated future outcome in your project performance reporting. This is an example of what forecasting method?A: Budget forecasts B: Judgmental methods C: Econometric method D: Time series methods
You are actively monitoring and controlling the project communications according to your approved communications management plan and are seeking to generate work performance information about the effectiveness of your project communications. Which of the following would be least useful to you?A:
You are attempting to communicate with various project stakeholders and, despite your best efforts, you find that the information that you send to them is misunderstood. Cultural differences and using unfamiliar technology are the main problems contributing to this lack of understanding. What is
Your project sponsor has asked you to present a detailed project update to some high-level stakeholders who are concerned that the project is not meeting its agreed timeframes, its agreed budget, nor delivering the quality the customer is expecting. What information and method would be BEST to use
You have called a team member into your office to deal with unacceptable behavior towards other project team members. After the meeting you decide to follow up to make clear what was discussed. What is the best form of communication to use in this instance?A: Formal written B: Formal verbal C:
You and your project team have been in negotiations with a potential supplier for several hours over an important contract that will deliver a large part of the one product required to complete your project. You and your team are getting frustrated at the slow rate of progress on the negotiations
You have decided to study for the PMP ® credential and are currently learning the way in which the project life cycle can be described in terms of process groups associated with initiating, planning, executing, monitoring and controlling, and closing activities. You then move on to studying the
While carrying out the work described in your project communications plan, you go to great lengths to ensure that relevant information is disseminated to the correct stakeholders in the right way at the right time. As a senior project manager, you know that effective information distribution is a
As part of your project, you regularly hold status meetings with project team members and influential stakeholders. You endeavor at all times to ensure that these meetings are productive and contribute to successful communication on the project. All of the following are techniques to ensure your
You are regularly referring to your communications management plan to help guide your project communications. Which of the following would you not expect to find in your communications management plan?A: The person responsible for authorizing the release of confidential information B: Team
Your project team has spent a considerable amount of time and energy completing the stakeholder analysis and putting together the communications management plan but is now disagreeing what, how, and when different communication methods are to be used. Who should take responsibility for determining
You are using your intranet site to post large amounts of information that team members can log into to read. This is an example of what sort of communication method?A: Encoding and decoding B: Push communication C: Interactive communication D: Pull communication
You are in the process of sending out your weekly project update to a wide range of stakeholders. This is an example of what sort of communication method?A: Stakeholder management strategy B: Pull communication C: Interactive communication D: Push communication
The skill of listening involves more than just hearing the sounds.Which of the following is a characteristic of a good listener?A: Takes good notes.B: Repeats some of the things said.C: Finishes the speaker’s sentences.D: Agrees with the speaker.
Your project team is scattered over three countries in three different time zones. Each project office has a different language as its first language, so to improve communication you have asked that all correspondence be conducted in English. In doing this, what are you trying to minimize in your
You are having difficulty concentrating on what a stakeholder is saying during a business meeting and you feel you are not fully understanding them.What technique could help you to understand them better?A: Repeat the message back to the stakeholder.B: Ask them to write everything down.C: Ask to
You are leading a team on a complex project that requires constant communication with influential stakeholders. Despite your best efforts, the message that you send to the stakeholders is disrupted and misunderstood. Communication between the sender and the receiver is often affected by
All of the following are factors that influence the method of communication disbursement between team members except?A: Availability of technology B: Duration of the project C: Local government regulations D: Urgency of the need for information
There are 12 stakeholders including yourself on the project, so how many communication channels are there?A: 66 B: 144 C: 78 D: 12
After conducting your stakeholder analysis, you determine that there are, excluding you, 7 stakeholders on the project. How many communication channels are there?A: 7 B: 21 C: 28 D: 35
Your project is experiencing a range of variations that require one of the contracts you are using to engage an external vendor to be amended. What sort of communication is most appropriate when dealing with changes to a contract?A: Informal written B: Formal written C: Formal verbal D: Electronic
It is commonly acknowledged that one of the most important sets of skills a project manager should develop is their communication skills. All of the following are examples of communication skills except?A: Reviewing the work breakdown structure to ensure team members know what has to be done.B:
You are faced with a large decision to make on your project. After fully defining the problem, you call in your team to brainstorm multiple solutions. You then define the evaluation criteria and rate the pros and cons of different options. Prior to making a decision, you go through a process of
Which of the following is not one of the four basic decision-making styles normally used by project managers?A: Ideas to action B: Coin flip C: Command D: Consensus
As part of your own professional development plan, you have approval from your senior manager to undertake leadership training. As part of your training, you have asked your team members for their opinion on what constitutes the key elements and characteristics of an effective leader. What are the
Your project has been underway for 18 months and currently has a CPI of 1.02 and an SPI of 1.07. During the project, two of your project team members have disagreed constantly over non-technical issues and on occasion have shown open hostility towards each other, often in front of other team
As a project manager, you understand how important effective management of your team is to the success of the project. Which of the following is not a key interpersonal skill that you should have as a project manager to help you manage your team?A: Strong leadership skills with the ability to
In his theory of motivation of employees, Herzberg divided motivation factors into two classes: satisfiers and dissatisfiers. Which of the following are examples of satisfiers according to Herzberg?A: Vacation time, assignment of a personal staff assistant B: Work satisfaction, fringe benefits C:
Your project is more than halfway through and you have a CPI of 1.08 and an SPI of 1.03. You attribute a lot of the success so far to the work being done by the team and the way in which they are working together. This has been as a result of the work you have done as project manager in managing
As a project manager, your greatest challenge has been managing your project team. You have decided to gain extra skills to help you in this task. All of the following are areas y ou should focus on except?A: Negotiation B: Communication C: Remuneration D: Leadership
After completing some work required to develop your project team members, you have noted several outputs that have been produced. Which of the following is an output that you would expect to produce?A: Team performance assessments B: Team building activities C: Staff assignments D: WBS dictionary
You have decided that all of your project team members must move into their own space within the organization’s main headquarters to improve efficiency and team building. What is this commonly called?A: Assignment B: Project team residential compatibility C: Co-location D: War room
You have offered everyone on your team an individual financial bonus if they are the first to complete a particular piece of work. Instead of motivating the team, your offer has caused unhealthy competition in some staff and apathy in others.What could be the problem with your offer?A: Your team
The Tuckman theory of team development states that team development generally follows a sequence of stages. Which is the correct order of those stages?A: Storming, Norming, Forming, Performing, Adjourning B: Forming, Storming, Norming, Performing, Adjourning C: Forming, Norming, Storming,
Which of the following is not an objective of developing your project team?A: Improve team members’ knowledge and skills.B: Get everyone to align themselves with the culture of the project office.C: Improve trust and agreement between team members.D: Create a dynamic and cohesive team culture.
You are holding a weekly project meeting when a disagreement between two members of the project team begins. The disagreement is over a technical detail of the project. It is important that the conflicting opinions of the two team members be resolved as quickly as possible. It is even more
What is the PMBOK ® Guide process of improving the competencies, team interaction, and the overall team environment to enhance project performance known as?A: Acquire Project Team B: Plan Human Resource Management C: Develop Project Team D: Manage Project Team
The software project you are working on is using developers from different geographic areas around the world because the high level of experience required for this project could not be obtained locally. With the different time zones you are having difficulty organizing regular meetings between all
You are in the process of obtaining the staff members you require on your project from other functional areas within your organization. You have made a request to a particular functional manager to have one of her staff members assigned part time to your project. The functional manager is concerned
Your construction manager approaches you about a particular team member that has just been assigned to the project. She thinks that he does not have the required skills to complete the work expected of him and suggests that this team member be assigned to a different project. What is your BEST
You are currently attempting to acquire project team members on a project that is just about to start. You are meeting resistance from the functional managers of the staff you want to use on your project, and it appears that you may have to seek help from external consultants. Your project sponsor
What does a resource calendar show?A: The annual leave for staff throughout the project B: The cost of staff members over time C: The human resource level, constraints, and commitment over time D: Any programmed team-building activities throughout the project
While completing initial planning work on your project, you begin to develop your human resource management plan. The human resource management plan can include all the following information except?A: Project organization charts B: Staffing management plan C: Cost estimates for staff time D: Roles
As a competent project manager you should be aware of the leading and foundational theories relating to the management of human resources and their practical application. Which of the following is not one of these theories?A: Vroom’s Expectancy Theory B: Ouchi’s Theory Z C: McLachlan’s Theory
As a competent project manager you should be aware of the leading and foundational theories relating to the management of human resources and their practical application. Which of the following is not one of these theories?A: Colbin’s Intuitive Behavior Modification Theory B: Maslow’s Hierarchy
You are using a matrix-based chart to give a clear indication of the connection between work packages and team members. Additionally, the chart shows who is responsible, accountable, consulted, and informed about the work. What is the common name of this type of chart?A: RACI chart B:
You are showing your project team members the organizational structure, and you point out where in the structure their role is located. What tool would be useful to you in preparing this information?A: Responsibility assignment matrix (RAM)B: Work breakdown structure (WBS)C: Resource breakdown
While completing initial planning work on your project, you begin to develop your human resource plan. Which of the following inputs would not be of use to you to complete this plan?A: Activity resource requirements B: WBS C: Enterprise environmental factors D: Organizational process assets
You have completed your human resource management plan for your project. You recognize that the profession of project management features a lot of interdependencies, and you want to make sure that the human resource plan is used in other appropriate parts of your project work. This plan is used as

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