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pmp® exam practice test and study guide

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

Acceptance is a strategy adopted because it is not possible to eliminate all risks from a project. This strategy indicates that the project management team has decided not to change the project management plan to deal with a risk. What action does passive acceptance require?A. Passive acceptance is
A project manager manages a distributed team with team members located in five countries. Due to time-zone differences, he is unable to find a time that is acceptable to all team members. Which conflict resolution technique is best suited for this situation?A. Compromise B. Force C. Withdraw D.
William is managing a high priority project for his organization. The project has recently lost the support of the key stakeholders. Despite a number of efforts, William has failed to realign the stakeholders and regain their support. What should he do now?A. Terminate the project B. Continue
The Identify Risks process involves determining which risks may impact a project. It is considered an iterative process. What is the frequency of the iteration?A. Every month B. Every fortnight C. The frequency of iteration will vary based on the situation D. Every week
Bill and Jake are two team members in a project. They do not get on well, and are constantly involved in verbal fights. The project manager steps in to resolve the situation. As an experienced project manager, he understands the characteristics of conflict and the conflict management process. Which
Which of the following statements accurately describes how the completion of project scope and product scope is measured?A. The completion of project scope and product scope are both measured against the product requirements.B. The completion of project scope is measured against the project
As part of stakeholder analysis, a project manager drew up a power / interest grid. The project manager identified that a stakeholder could be classified low on the "interest" scale, and also as low on the "power" scale. What strategy should be used for such a stakeholder?A. Monitor B. Manage
Jessica is managing an office refurbishment project. All of the project stakeholders have been identified and classified. The stakeholder management plan has also been approved. Jessica is managing a project for the first time in her life and she is relying on the PMBOK guide as a reference to
A project manager used the services of a trained moderator during the Collect Requirements process. Which of the following is likely to have required the services of a trained moderator?A. Interviews B. Prototypes C. Questionnaires D. Focus groups
Sally, a project manager was reconciling expenditure of funds with funding limits on the commitment of funds for the project. She found a large variance between the funding limits and planned expenditures. As a result, she decided to reschedule work to level out the rate of expenditures. This is
Prioritization matrices are an important quality planning tool. They provide a way of ranking a diverse set of problems and/or issues by order of importance. How is this list usually generated?A. Through control charts B. Through PERT analysis C. Through brainstorming D. Through variance analysis
While preparing a human resource plan, a project manager documented that one of the senior programmers in the team would make decisions on whether the quality of deliverables from the project met the project's documented standards. Which of the following aspects of a human resource plan does this
Mark is managing an airport construction project. He is currently identifying his project stakeholders and he has already got a huge list of stakeholders. Managing expectations of each and every project stakeholder is not practical. What should be done in this situation?A. Project stakeholders
During a discussion with the quality department, a project manager was given to understand that both prevention and inspection meant the same as applied to projects. However, he had a different understanding of the terms. What would you comment on this situation?A. The project manager is correct.
Bill is the project manager of an external project for a customer. The project is expected to take about a year to complete. Six months into the project, the customer informs Bill that the project needs to be scrapped. During which of the following processes would procedures be developed to handle
As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes, conduct more tests and choose a more stable supplier. What strategy would this be classified as?A. Acceptance B. Transference C. Mitigation D. Avoidance
Your company has been awarded a very large software project by a government agency. This project has an early completion incentive, and your company has a policy of paying a bonus to the project manager if such an incentive is awarded. However, this particular government agency has a reputation for
The Manage Communications process belongs to which of the following process groups?A. Planning B. Monitoring & Controlling C. Closing D. Executing Exam 15 Test Questions
Which of these statements about Risk in a project is correct?A. Risks are always negative in nature and are threats that need to be managed well B. A risk is always induced external to the project.C. Risk responses reflect an organization's perceived balance between risk taking and risk avoidance
If a project has a 60% chance of a U.S. $100,000 profit and a 40% chance of a U.S. $100,000 loss, the expected monetary value of the project is?A. $20,000 profit B. $40,000 loss C. $100,000 profit D. $60,000 loss
During which stage of risk planning are risks prioritized based on their relative probability and impact?A. Perform Qualitative risk analysis B. Identify Risks C. Perform Quantitative risk analysis D. Plan Risk Responses
Which of the following is true about risks?A. The risk register documents all the identified risks in detail B. Risk impact should be considered, but probability of occurrence is not important C. Risks always have negative impact and not positive D. Risk Response Plan is another name for Risk
Which of these is an input of the Control Risks process?A. Risk audits B. Change requests C. Work performance information D. Work Performance Reports
Your project sponsor has asked you to present your project's high-level risk register to him in the next project update meeting. Which of the following processes must be started to have your high level risk register?A. Plan Risk Management B. Perform Qualitative Risk Analysis C. Identify Risks D.
As the project manager, of a project to construct a city park, you have yourself identified 39 risks on the project, determined what would trigger the risks, rated them on a risk rating matrix, tested the assumptions and assessed the quality of the data used. You now plan to move to the next step
Which of these is accurate regarding risk management?A. Organizations are not likely to perceive risk as a threat to project success B. It has its origins in the uncertainty present in all projects C. The attitudes of individuals and organizations must not be a factor affecting risk management D.
Which of these is a valid response to negative risks and not positive risks?A. Exploit B. Mitigate C. Enhance D. Share
A very critical resource is on another project team. It is very important you get his time for your project. You have contacted his team's manager multiple times, but have received a poor response. What should you consider doing next?A. Plan for an alternate resource since this resource is not
A project manager prepared a presentation that included data on utilization of resources on her project, improvements in efficiency of the staff on the project, and the cost savings. She is doing this as part of what process?A. Manage Stakeholder Engagement B. Monitor and Control Project Work C.
In order to keep costs low, a project management team decided to apply statistical sampling while inspecting some of the work products. They decided to select 10 out of 50 engineering drawings for inspection. During which process should the sample frequency and sample size be determined?A. Collect
A project management team came up with certain metrics such as defect frequency, failure rate, availability and reliability. These are usually defined as an output of what process?A. Plan Quality Management B. Define Scope C. Collect Requirements D. Perform Quality Assurance
A project manager has decided to use a decision tree to make a build or upgrade analysis. The build requires an investment of $ 200 M (where M represents million). On the build decision branch, there is a 60% probability of strong demand (yielding a revenue of $ 400 M) and a 40% probability of weak
A senior project manager advises a first-time project manager that identifying risks is just one step. On a continuous basis, new risks need to be identified, and existing risks need to be analyzed, tracked and their status reported. All this is done as part of what process?A. Direct and Manage
A project manager has been asked to manage a research project. By its very nature, this type of project is not very clearly defined and involves a lot of uncertainty. What phase-to-phase relationship should the project manager use for this project?A. Open-ended relationship B. Overlapping
Teams go through various stages of development. As per the Tuckman ladder of development, the stage during which the least amount of work gets done is usually the:A. Storming phase B. Forming phase C. Norming phase D. Performing phase
Rick has just been assigned as the project manager of a project to develop a complex product. The project is in the Define Scope phase. Which of these tools / techniques will not be used by Rick in this phase?A. Lateral thinking B. Process analysis C. Product breakdown D. Value engineering
Which of the following is the process of communicating and working with stakeholders to meet their needs and expectations, address issues as they occur, and foster appropriate stakeholder engagement?A. Manage Stakeholder Engagement B. Control Stakeholder Engagement C. Manage Communications D.
Identification of new risks, reassessment of old risks and closing of outdated risks are done as part of the Control Risks phase. How often should project risk reassessment be scheduled?A. It depends on how the project progresses relative to its objectives.B. It is left to the discretion of the
A project involved development of a high speed hard disk drive. As part of its testing, the hard disk was subjected to continuous operation at a high speed and an elevated temperature. At the end of the test, the hard disk was destroyed beyond use. The cost of such testing is usually classified
A project manager analyzed the project's communication requirements and decided that 10 out of the 30 stakeholders in the project would only need voicemail updates of certain information. This type of communication method is called:A. Push communication B. Pull communication C. Interactive
Which of these is not a legitimate model used to analyze stakeholders?A. Influence / impact grid B. Power / influence grid C. Sufficiency model D. Salience model
While managing a large project, the project manager decided to include indirect costs as part of his cost estimate. If indirect costs are included in an estimate which of the following is true?A. Indirect costs should be included at the activity level or higher levels.B. Indirect costs must be
You are managing an electronic chip design project for a customer. There are a number of engineers and subject matter experts from the customer's organization that have been assigned as resources to the project, as well as several additional design engineers that have been supplied by your company.
Late in the project cycle, it was discovered that some of the project human resources needed to have been trained on a specific methodology. Ideally, where should these training needs have first been documented?A. Staffing management plan B. In the procurement contract C. In the project scope
A number of deliverables were submitted to the buyer as part of a project. Where would the project manager find documentation on the requirements for formal deliverable acceptance and how non-conforming deliverables can be addressed?A. In the SOW B. In the lessons learned document C. In the
A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?A. Perform Qualitative Risk Analysis B. Perform Quantitative Risk Analysis C. Identify Risks D. Plan Risk Management
A project manager would like to resolve conflicts with a give-and-take attitude rather than using a one-sided approach. Which of these approaches is he likely to use?A. Forcing B. Problem-solving C. Directing D. Withdrawing
During a project update meeting, one of the key stakeholders expressed his displeasure over the recently produced deliverables. 1% of the produced deliverables had minor defects. This stakeholder has been a resisting stakeholder so far. What must the project manager do in order to bring the future
Midway through the Collect Requirements process, a project manager finds that there are lots of unresolved issues. Which of the following is usually the best way to discover and resolve issues?A. Interviewing B. Use of a stakeholder register C. Questionnaires D. Facilitated workshops
Which of the following quality control tools and techniques may not be used for root cause analysis?A. Fishbone diagram B. Scatter diagram C. Ishikawa diagram D. Cause and effect diagram
A buyer and seller are looking at getting into a long-term relationship spanning over 10 years. Both parties would like to be protected from the unstable financial conditions of the country that are beyond their control. What type of contract is appropriate for such a relationship?A. Fixed Price
You are managing a project with over 130 procurement contracts. Because of the number of contracts, your project team includes a procurement manager and a procurement assistant. Company policy requires that certain types of procurements be advertised to potential bidders by means of newspaper
Eric, a project manager, is a certified PMP. He is responding to an RFP from a buyer and needs to fill in details on the financial performance of his company. His company has performed badly during the current quarter and the results will be published in 2 to 3 days' time. However, the company has
Which of the following processes goes beyond the distribution of relevant information and seeks to ensure that the information being communicated to project stakeholders has been appropriately generated, as well as received and understood?A. Manage Communications B. Control Communications C. Manage
Your company is planning to bid on a project in an application area in which you have never worked before. You are aware that your company does not have any resources with the necessary expertise. Your management is pressurizing you to submit a bid. What should you do?A. Refuse to do what your
During a cost performance review with certain senior officers from the finance department, you discover that there are certain inconsistencies in the way cost performance reporting is done, and you obtain data that shows these officers are deliberately misleading senior management. What should you
Progressive elaboration is least applicable to which of the following processes?A. Create WBS B. Control Schedule C. Develop Schedule D. Estimate Activity Durations
You've just completed a solid waste management project in an under-developed country. The contractor you are working for has a strict policy of abiding by local laws and rules, although the local resources working on the project have a much more lax approach to following laws and policies. Now at
A seller entered into contract with a buyer. At the end of the project, the seller was reimbursed for the cost of the project, but received a very low fee based on certain subjective criteria that had been laid down in the contract. What type of contract is this likely to be?A. Cost Plus Fixed Fee
In the earned value management technique, the cost performance baseline is referred to as:A. Cost Measurement Baseline (CMB)B. Performance Measurement Baseline (PMB)C. Performance Base Value (PBV)D. Performance Cost Baseline (PCB)
The project management team expects that during the course of the project, there could be delays in component delivery due to strikes, changes to the permitting processes or extensions of specific engineering durations. What analysis will help come up with contingency and response plans to mitigate
You have just joined a new organization as a project manager. You have heard a number of rumors about the procurement manager having possible underhanded dealings with suppliers. However, you have not been given any proof that these rumors are true. Your project requires a large number of dump
Anna has recently taken over a project as the project manager. The project is early in the executing phase. Although, the project scope statement was signed off by all key stakeholders, Anna finds out that some of the key stakeholders do not fully understand the project scope. Stakeholders'
One of the performance requirements of a Company Website development project is that the home page should load in 1 second. Such performance requirements are usually part of:A. Customer requirements B. Business requirements C. Project requirements D. Product requirements
The requirements elicitation team has obtained a large number of ideas during sessions to gather product and project requirements. Which of the following techniques is best suited to have these ideas sorted into groups for review and analysis?A. Control chart B. Venn diagram C. Affinity diagram D.
Public recognition of good performance creates positive reinforcement for the team members. When is the best time for a project manager to recognize team members' performance?A. During the lifecycle of the project B. At the end of every phase of the project C. At the end of the project D. As
An important aspect of project management is the handling of stakeholder expectations. Typically, at what level are the stakeholders with respect to the project manager.A. At higher levels and with greater authority B. At all levels and with varying degrees of authority.C. At higher levels but only
Mary has recently finalized her project management plan and has also got it approved. She is managing a complex manufacturing process improvement project. The project stakeholders' continuous support and commitment is an absolute must for the success of the project. Which of the following are the
Which of the following statements about products and projects is true?A. Adding new functionality to an existing product cannot be considered as a project.B. A product life cycle is usually contained within a project life cycle.C. One product may have many projects associated with it.D. The product
Ron is a project manager handling an Alternate water-supply project. During a project performance review, he notices the following: (i) Activity A, on the critical path, is delayed by 4 days. (ii) Activity B, not on the critical path, is delayed by 9 days. (iii) Activity C, on the critical path is
You are the project manager of a project and are about to conduct a risk identification exercise in a few days' time. You would like to proactively remind the participants in the exercise of the various sources from which risk may arise in the project. What could you use to help you do this?A. A
1 on the impact scale
8 on the impact scale C. A rating of 0 on the impact scale D. A rating of
1 on the impact scale B. A rating of
The Risk Management plan will usually contain the definitions of risk probability and impact. Which of the following has the highest impact (negative) on a project?A. A rating of
Carole is managing a hotel refurbishment project. She has identified her project's key stakeholders. Carole now wants to expand this list of stakeholders and convert it to a comprehensive list of project stakeholders. What should Carole do?A. Do not spend more time on identifying the non-key
Projects, portfolios and programs are different entities in an organization.Which of the following choices states a correct relationship between them?A. A portfolio consists of a collection of projects or programs that are grouped together to achieve strategic business objectives. The projects or
The Budget at Completion (BAC) for a project is $50,000. The Actual Costs (AC) to date are $10,000. The Earned Value (EV) is $7,000. At this stage, the project management team did a manual bottom-up summation of costs and forecast an Estimate to Complete (ETC) of $50,000. What is the Estimate at
A seller started out a project on the basis of a Time and Material contract. The initial contract amount based on the agreed-upon rates and effort was $ 100,000 over a 1 year period. However, when the project was completed, the total contract value turned out to be $ 350,000 over a 2 year period.
You are an electrical engineer with extensive experience in managing transmission projects, but limited experience with electronic design projects. However, in a stretch assignment, you have been recently transferred to another department in your company that focuses on electronic design. Further,
A project manager is informed that a limited number of resources are going to be available for his project. He creates a project schedule by adding buffers to the project to protect the target finish date. What type of schedule network analysis is he using?A. What-if analysis B. Critical path
During the Control Scope phase, analysis of the scope performance resulted in a change request to the scope baseline. This change request will be processed for review and disposition in the:A. Control Quality phase B. Perform Integrated Change Control phase C. Monitor and Control Project Work phase
In a multi-phase project, the procurement team decided to close the procurements applicable to a particular phase of the project. What happens to unresolved claims?A. Unresolved claims are usually resolved at the end of all phases of the project.B. Unresolved claims are also closed when the
Given multiple alternatives, the group decision method that allows the largest block in a group to decide (even if more than 50% of the members of the group do not support the decision) is called:A. Dictatorship B. Plurality C. Unanimity D. Majority
The morale of the team members of a project is very low. The team members feel that they were not given opportunities to participate in the organizational team development activities due to over allocations to project tasks, and hence they missed opportunities to grow. Which of the following is a
How can changes be made to a project management plan once it has been baselined by the project manager?A. By generating a change request and having it approved through the Perform Integrated Change Control process.B. This is typically done by using a version control system. The project manager
9 C. 1 D. 0
1 B.
As part of EVM, a project manager is calculating the to-complete performance index (TCPI) based on EAC. The data that he has is: the budget at completion for the project is $ 100,000. The earned value for the project is $ 25,000. The actual costs to date are 40,000 and the estimate at completion is
A project manager is preparing the WBS for a software project. The WBS includes all the product and project work but excludes the project management work. From the following choices, select a statement that correctly describes this situation.A. This is incorrect. Product work and project management
Due to a tight project schedule, a project manager did not document lessons learned all through the project. However, at the end of the project, he finally documented the lessons learned. Your comment on this would be:A. This is ok. At a minimum, lessons learned should be documented at the end of
Activity attributes extend the description of the activity by identifying various components associated with the activity. Typically how many attributes are associated with each activity?A. They should be between 5 and 10 in number B. The number of attributes varies by application area.C. They
While sequencing activities for a project, the project management team applied certain discretionary dependencies. This was based on their knowledge of best practices within the project application area. What is the potential risk involved in using such dependencies?A. They can create fixed float
A critical project rollout was delayed because one of the stakeholders did not receive necessary communication on time. On further analysis, the project manager discovered that communication had been sent out to the wrong teams. This would have happened because:A. Communication broke down between
One of the stakeholders of a project initiated a change request which was then documented in the change control system. In general, who would be responsible for approving or rejecting the change request?A. An authority within the project management team or external organization.B. The sponsor.C.
A number of ethical issues came up in a large project consisting of 55 team members. The project manager explained to the sponsor that this was a common problem in larger teams. Whose responsibility is it to ensure that all team members maintain professionalism and follow ethical behavior?A. The
During the procurement process, a contractual relationship gets established between a buyer and a seller. During the contract lifecycle, what is the correct sequence in which the following terminology is applied to a seller? Vendor, Selected source, and Bidder.A. The seller is viewed first as a
You are reviewing the response to an RFP issued by your company for a project that will last a year and exceed USD $5 million. Three vendors have been short listed. The first, Nosteltec Inc. is a relatively new company in this industry. It has put together a team of industry experts having a great
A project was randomly picked up for a quality audit and a number of issues and non-conformances were found by the external auditor. The project manager lodged a protest with the quality department that this was incorrect procedure and he should have been given notice since an external auditor was
Colocation is also referred to as:A. Strong matrix B. Weak matrix C. Tight matrix D. Balance matrix

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