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pmp® exam practice test and study guide

PMP Exam Prep Questions Answers And Explanations 5th Edition Christopher Scordo - Solutions

You have presented a unique and verifiable product to your customers for their approval. Approval of this product may allow you to move on to your next phase. This unique and verifiable product is also known as:A. A plan B. A project C. A portfolio D. A deliverable
Your are working for a large project organization, with several project managers, working on 15 projects. All project managers submit their status reports at month end. One of your colleague project manager has reported an error in last 2 months. Discussing the issue with one of her project's team
You are building a mansion that will have copper roofs. The duration of the project will be approximately three years, so you have built into the contract that as the price of copper increases the contract allows for price increases as a percentage of the cost copper. However, all other costs are
Different types of contracts are appropriate for different types of purchases. Which of these is not one of the three broad categories of contracts?A. Cost-reimbursable B. Time and Material C. Fixed-price or lump-sum D. Fixed-assessment
The types of contracts that can be used in a project are documented in the:A. Request for Proposal (RFP)B. Procurement management plan C. Procurement statement of work D. Work breakdown structure (WBS)
What is the purpose of a bidder conference?A. Awarding a contract to the most suitable vendor B. Pre-qualifying the potential sellers C. Ensuring all vendors have a clear understanding of the procurement D. Developing a comprehensive sellers list
Which of the following is accurate regarding agreements in the Project Procurement Management?A. Agreements can never be terminated.B. Terms and conditions never include the seller's proposal C. Agreements are informal documents.D. Agreements are legal documents between a buyer and a seller.
Which process involves verification and acceptance of all project deliverables, and hence supports the Close Project or Phase process?A. Perform Integrated Change Control B. Validate Scope C. Estimate Activity Durations D. Control Costs
Your company requires that before you purchase any routers or switches for the data center you are building, you need to solicit quotes from three separate suppliers prior to submitting the purchase request to the finance department. This policy belongs to?A. Organizational Process Assets B.
You have received a proposal against a RFP that was sent to vendors. One of the vendors has indicated that they can do the project for $12,500. The cost for the project is $10,000 and their profit will be $2,500. Which type of the contracts is most suitable to be used in this situation?A. Cost Plus
Which of the following is not a tool or technique of the Control Procurements process?A. Payment system B. Configuration management system C. Contract change control system D. Records management system
Which of these is not an input to the Control Procurements process?A. Agreements B. Change requests C. Work performance data D. Work performance reports
Which of the following roles in a project is more likely to be involved in negotiations on procurements during the Conduct Procurements phase?A. Procurement administrator B. Project coordinator C. Project manager D. Project sponsor
A project manager is looking at various classification methods to share information among project stakeholders. Which of the following correctly classifies the different methods used?A. Pull communication - Meetings; Push communication - Newsletters; Interactive communication - E-learning
While analyzing the risks in a project, a project manager came up with a Risk Urgency Assessment document. In which process would this be done?A. Close Risks B. Control Risks C. Perform Qualitative Risk Analysis D. Plan Risk Management
A project manager used a control chart to determine whether a process was stable or not, and to determine if its performance was predictable. He determined the upper and lower specification limits based on the contractual requirements. A set of eighteen data points were taken. Of these, 8
A first-time project manager was of the opinion that all training activities need to be planned. He discussed this with an experienced project manager, and understood that some training was necessarily unplanned. Which of the following correctly lists examples of unplanned training?A. Training by
During the Conduct Procurements process, the procuring organization found that there were significant differences in the pricing by different sellers. What is the best course of action in such a scenario?A. Award the project to a supplier who is already on the procuring organization's preferred
A project manager is estimating the project duration and finds that the only information available to him is a previous project that was quite different from the current one. However, some portions of the previous project were similar to the current one. Which of the following tools is the project
Matt is the project manager of a project that involves a buyer-seller relationship. The source selection criteria is an input to which of the following processes?A. Control Procurements B. Conduct Procurements C. Close Procurements D. Plan Procurement Management
A project manager in a seller organization discovered that certain deliverables had been handed over to the buyer without undergoing proper testing. Recalling the deliverables will result in a cost overrun to the project. What should the project manager do in such a case?A. Recall the deliverables
Which of the following is not an enterprise environmental factor influencing the Develop Project Management Plan process?A. Project management body of knowledge B. Governmental or industry standards C. Project Management Plan template D. Project management information system
Stakeholder identification is a continuous process. Which of the following statements about stakeholders is incorrect?A. Positive stakeholders benefit from the outcome of a project B. A project manager needs to focus on the positive stakeholders since their needs are best served by the project C.
It was found that there were a large number of hidden requirements to be uncovered in the Collect Requirements phase. Which of the following tools should a project manager use to identify them?A. Participant observer B. Questionnaires C. Surveys D. Interviewing
A project manager is confused about the perspective of the buyer-seller relationship in the context of project procurement management. How would your clarify this?A. The buyer-seller relationship exists only between organizations external to the acquiring organization.B. The buyer-seller
During the course of the project, the project management team developed a forecast for the estimate at completion (EAC) based on the project performance. Which of the following statements about EAC is correct?A. The EAC forecast based on the Bottom-up estimate to complete (ETC) requires a new
A project manager is performing a set of processes in the Initiating Process Group. Which of the following is likely to be part of the Initiating Process Group?A. Develop Project Management Plan B. Define Scope C. Develop Project Charter D. Plan Quality Management
Your company took over the management of a project from another company that went out of business. To minimize disruptions related to the transition, your company hired a number of the employees from the other company. One of these employees has delivered a 300 page document a week ahead of
A key project in an organization has been ignored due to high travel expenses associated with the movement of subject matter experts and other specialists across various project locations. Which of the following will permit such a project to be taken up in a cost-efficient manner?A. Management
Stakeholder analysis is an important technique in the Identify Stakeholders process. One of the steps involved is to identify the potential impact of each stakeholder and classify them appropriately. Which of the following is not a valid model used for this purpose?A. Salience model B. Tolerance
As part of risk planning, some responses are designed for use only if certain events occur. A project manager of a multi-year project decided to trigger one such set of responses during the Control Risks process. Which of the following is likely to have triggered the responses?A. Late receipt of
Variance Analysis is an important tool used in the Control Costs Process. Which of the following statements regarding variances is correct?A. The percentage range of acceptable variances will tend to increase as more work is accomplished B. The percentage range of acceptable variances will tend to
A project team is currently planning to perform the Control Stakeholder Engagement process to reassess the project stakeholders' current engagement levels and review the current stakeholder management strategy. Which of the following is an output of this process?A. Project documents updates B.
0.
0.D. The SPI is equal to
0.B. The SPI equals the CPI.C. The SPI is greater than
Rick, a project manager, is updating the status of his project. Based on the performance indices, he expects the project to finish a month earlier than the planned finish date. However, he expects the project to exceed the budgeted costs. What can you say about the schedule performance index (SPI)
Dan is a project manager in an organization and conducts a workshop on project management. Which of the following statements made by him about projects is incorrect?A. Projects exist within an organization and operate as a closed system.B. Project processes usually generate information that helps
Sheila is a project manager managing a global project. She has stakeholders located in various parts of the globe. Due to the nature of the project, she also has large volumes of information that needs to be shared with the recipients. What type of communication method should she prefer for this
Why are the approved change requests input to the Direct and Manage Project Work process?A. Approved change requests may be rejected by the project team during the Direct and Manage Project Work process.B. Approved change requests are implemented by the project team during the Direct and Manage
5 months, with seven milestones. The sixth milestone is the prototype to be handed over to manufacturing. All milestones before prototyping have been completed ahead of schedule with 6th one being delayed for 4 months as the prototype has been sent back several times, due to conflicts between
You are managing a project to design microprocessor control systems. The design work was estimated to complete in
You are the project manager of a project executing work under a contract signed with a buyer organization. Just after the project has started, you notice that the buyer organization had made a mistake in the financial terms and your organization stands to benefit considerably through this
The Actual Cost (AC) is the total cost actually incurred and recorded in accomplishing work performed for an activity or work breakdown structure component. What is the upper limit for the AC?A. 50% over and above the Planned Value (PV)B. The Actual Cost (AC) is limited to the Planned Value (PV).C.
Which of the following is incorrect regarding a bidders conference?A. Questions from each seller should be handled confidentially and not shared with other sellers.B. No bidders should receive preferential treatment, even if they are part of the company's existing list of approved suppliers.C.
A seller organization was executing work for a project under a contract. During the course of the project, a number of disputes arose over the scope and quality of work. Which of the following is the preferred method of resolving these claims?A. Alternative dispute resolution (ADR)B. Claims court
You have just taken over a project from another project manager about 6 months into a 12-month project. As you get to know the staff on the project, you become aware that 5 staff members are relatives of the previous project manager. What do you do?A. Notify your project stakeholders there is a
As part of the Plan Risk Management process, a project manager is looking at the activity of preparing a risk management plan. Which of the following is true about risks?A. A risk may have one or more causes and, if it occurs, may have one or more impacts.B. A risk usually has a single cause and,
Which of the following is neither an input nor an output of the Direct and Manage Project Work process?A. Approved change requests B. Change requests C. Approved deliverables D. Deliverables
Sensitivity analysis helps to determine which risks have the most potential impact on the project. A project manager prepared a display chart of sensitivity analysis for his project. The diagram contained a series of bars with the length of the bars corresponding to the risk impact on the project.
Decision tree analysis is used to calculate the average outcome when the future includes scenarios that may or may not happen. What is the input and output in a decision node?A. Input: Cost of each decision Output: Probability of occurrence B. Input: Cost of each decision Output: Decision made C.
Stanley's project is in execution. Stanley has a monthly stakeholder update meeting set up where he presents the project's progress and current issues to the key stakeholders. During the last stakeholder update meeting, the stakeholders requested Stanley to provide bi-weekly project updates instead
A first-time project manager created a Work Breakdown Structure (WBS) where the deliverables had different levels of decomposition. What would your comment on this be?A. This is incorrect. All deliverables need to have the same level of decomposition.B. This is incorrect. Only deliverables under
A research project needed to be carried out under largely undefined, uncertain and rapidly changing environmental conditions. If this project is carried out as a multi-phase project, which of the following phase-to-phase relationships best suits it?A. Overlapping relationship B. Sequential
A project can be authorized by any of the following except:A. The project manager B. The PMO C. The sponsor D. The portfolio steering committee
A project manager needed to shorten a project schedule. He decided to apply crashing, a schedule compression technique. Which of the following activities would not be an example of crashing?A. Bringing in additional resources B. Reducing project scope C. Paying to expedite delivery activities D.
Nancy's project is in execution. Nancy is currently planning to execute the Manage Stakeholder Engagement process. She has gathered the stakeholder management plan, the recent change log, and the necessary organizational process assets. Which of the following is a key input to this process that is
A statement of work (SOW) is a narrative description of the products or services to be delivered by the project. It usually references all of the following except:A. The business case B. The product scope description C. The strategic plan D. The business need
Kelly, the project manager of a large project, found that she did not have the necessary number of resources required for some activities in the project. To account for the limited resources, she decided to apply the critical chain method. Which of the following would she use to protect the
A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter ideally be revised?A. At the beginning, middle and end of a project.B. Once a month C.
Which of the following is not an example of a work performance report?A. Status report B. Project charter C. Project update memo D. Project recommendations
Nancy's project has got a huge number of key positive and negative stakeholders. It is very important to closely manage the influential negative stakeholders to ensure project's success. Do the key positive stakeholders need to be managed as well?A. No; more attention needs to be given to the key
Which of the following is not an example of parametric estimating?A. Activity duration estimated based on the number of drawings multiplied by the number of labor hours per drawing.B. Activity duration estimated based on the number of labor hours per meter for cable installation.C. Activity
A project needed to monitor the technical performance of the project and capture data related to how many errors or defects had been identified, and how many remained uncorrected. Which of the following techniques should the project use?A. Scatter diagram B. Flowchart C. Histogram D. Control chart
As part of the Estimate Costs process, a project manager obtained access to certain commercially available databases to get resource cost rate information. What type of input is such published commercial information considered as?A. Enterprise environmental factor B. Historical information C.
You are a certified PMP, and have been contact by PMI as part of an investigation they are conducting into allegations of improper conduct by your manager, also a PMP. A complaint has been filed stating that your manager has received bribes related to a large procurement contract on another
All of the monitoring and control processes and many of the executing processes produce change requests as an output. Change requests include corrective action and preventive action. Which of the following are normally affected by corrective and preventive actions?A. Defect repair B. Regressive
Which of the following processes will determine the correctness of deliverables?A. Plan Quality Assurance B. Plan Quality Management C. Control Quality D. Perform Quality Assurance
A group of people were discussing multiple alternatives during the Collect Requirements process. One of the individuals in the group made the decision for the group. This method of reaching a group decision would be termed as:A. One Thinking Hat B. Dictatorship C. Plurality D. Autonomy
In which of the following situations would it be better to avoid using Analogous Estimating?A. When the project team members have the needed expertise B. When an accurate estimate is required C. When a low value estimate is required D. When the previous activities are similar in fact and not just
Miranda is an experienced project manager. As part of the Collect Requirements phase, she decides to use a group creativity technique. This technique is expected to enhance brainstorming with a voting process, and can be used to rank the most useful ideas for further brainstorming or
A first-time project manager is advised by an experienced project manager that he needs to plan for cost of quality. The first-time project manager is not sure of what costs are included in the cost of quality. What would your advise be?A. Cost of quality only includes cost of nonconformance B.
Which of the following structures is helpful in tracking project costs and can be aligned with the organization's accounting system?A. Project breakdown structure (PBS)B. Matrix breakdown structure (MBS)C. Work Breakdown Structure (WBS)D. Organizational breakdown structure (OBS)
Which of the following may not be considered an attribute of a project?A. Repetitive elements may be present in some project deliverables.B. The impact of a project usually ends when the project ends.C. A project can involve a single person.D. There is uncertainty about the product that the project
A project manager is currently ensuring that the stakeholders clearly understand the project goals, objectives, benefits and risks. This relates to which of the following processes?A. Control Stakeholder B. Identify Stakeholders C. Plan Communications Management D. Manage Stakeholder Engagement
The WBS structure can be created in a number of forms except which of the following?A. Using work packages as the second level of decomposition, with the project deliverables inserted at the third level.B. Using major deliverables as the second level of decomposition.C. Using phases of the project
During the execution of a project, a large number of defects were discovered. The project manager ensured that the issues, defect resolution and action item results were logged into a defects database. What would the defect database be considered a part of?A. Expert Judgment B. Deliverables C.
Which of the following is not an input to the Conduct Procurements process?A. Proposal evaluation techniques B. Seller proposals C. Source selection criteria D. Procurement statement of work
A project manager is looking at a make-or-buy analysis as part of the Plan Procurement Management process. What type of costs should the project manager consider for this analysis?A. Direct costs B. Indirect costs C. Out-of-pocket costs D. Both direct as well as indirect costs
The legal nature of the contractual relationship between a buyer and a seller requires that appropriate legal counsel be involved in the project, for specific activities. Which of the following phases requires legal counsel to be involved.A. Control procurements B. Plan procurement management C.
Jackie is the project manager of large project. During the Determine Budget process, she identifies that contingency reserves need to be made for unplanned but potentially required changes that could result from realized risks identified in the risk register. Which of the following is true about
He tells you that the engineer is not particularly religious, however, and if pushed a bit and offered some incentive she may forego celebrating this holiday and come to work. What should you do?A. Check if one of her colleagues can share some of her workload this week B. Increase her project
You are managing a project with a large multi-national staff. One of the engineers was originally tasked to deliver her part of the work on Oct 19, but due to the change in the critical path, her deliverable will be needed 2 days sooner. However, as the new deadline is still 2 weeks away and she is
The scope of work in a project could not be clearly defined. There was also a strong possibility that the scope would be altered during the course of the project. Which type of contract would suit this type of situation?A. Fixed price with economic price adjustment contract B. Fixed-price contract
A project manager is considering risk in a project. When does risk come into play in a project?A. During the SWOT (strengths, weaknesses, opportunities, and threats) analysis.B. During the Identify Risks phase.C. As soon as the Plan Risk Management phase begins D. As soon as a project is conceived
Projects can deliver products that vary in quality and grade. Which of the following people is responsible for managing the tradeoffs involved to deliver the required level of quality and grade?A. The customer B. The project sponsor C. The quality team D. The project manager and the project team
A project manager estimated that a project would require 4375 person hours of effort. The project ended up using 6250 person hours of effort. The difference between these two figures is called a:A. Variance B. Control Limit C. Threshold D. Standard Deviation
A project manager is updating her project team over the new project management approach selected for the project. This new approach is the industry best practice. The project manager is also discussing the potential stakeholder impact of trying the new approach. The key stakeholders support and
Which of the following scenarios is likely to occur in a project?A. Cost and staffing levels are low at the start of the project.B. Stakeholders' influence on the project is lowest at the start of the project.C. Risk and uncertainty are lowest at the start of the project.D. Cost of changes are the
A project manager is determining dependencies that will require a lead or a lag to accurately define the logical relationship. Which of the following correctly describes leads or lags?A. A lead allows a successor activity to be delayed.B. A lag directs a delay in the predecessor activity.C. A lag
A project manager was involved in preparation of the project charter for an external project. One of the inputs to the project charter was a statement of work (SOW). The SOW may have been received from the customer as part of all of the following except:A. As part of a request for information B. As
Sheila has been assigned as the project manager of a project. After a detailed discussion with the project management team, she decides to come up with a quality management plan that is informal and broadly framed. What would your comment on this be?A. This is incorrect. A quality management plan
You are just about to present your project's status to your company's executive team. One of your resources hands you an updated report on the progress of a critical deliverable as you are leaving your desk for the meeting. You review the report as you are walking to the conference room and notice
Which of the following statements about project teams is incorrect?A. The project management team is usually a team external to the project team.B. The project management team is a subset of the project team.C. For smaller projects, the project management responsibilities can be shared by the
A project manager is planning out the availability of resources as part of the Acquire Project Team process. He needs to acquire resources that report to a functional manager. What technique will he likely use to obtain these resources?A. Pre-assignment B. Authority C. Negotiation D. Coercion
A project manager drew up a resource histogram. On plotting the histogram, he found that some bars extended beyond the maximum available hours. What does this usually signify?A. This means that the resources on those bars are being underutilized.B. This means that a resource optimization strategy
During a project status meeting, a project manager presented sensitive information related to the project. However, this information was not intended to be available to the audience. Which of the following processes was incorrectly done resulting in the project manager communicating sensitive
After conducting a bidder conference, you receive an email from one of the bidders requesting additional information. The information was neither included in your Request for proposal, nor asked by any one during the bidder conference. You realize that answer to this question is critical to
A project manager is estimating project costs and needs to decide whether the estimates will include only direct costs, or whether the estimates will also include indirect costs. In which of the following phases does this decision need to take place?A. Define Scope B. Estimate Costs C. Plan
A buyer and seller fixed up the rates for junior engineers, senior engineers, architects, and other predefined roles. In what type of a contract would this be applicable?A. Fixed price with economic price adjustment contract B. Fixed price incentive contract C. Fixed-price contract D. Time and

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