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pmp® exam practice test and study guide

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

Many organizations treat contract administration as an administrative function separate from the project organization. Who carries out the function of contract administration in such organizations?A. The Project Manager B. The Procurement Advisor C. The Procurement Administrator D. The Contract
Variance analysis refers to cost performance measurements used to assess the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses?A. The percentage range of acceptable variances will tend to
Mark is managing a telecom network deployment project. The buyer of the telecom network is an external entity. Recently, the customer has requested all the future project updates to be automatically posted to their information system. In order to implement this, the project team needs to customize
A requesting organization for a project created a document that included the business need and the cost-benefit analysis. What would this document be termed as?A. The project statement of work B. The business case C. The project management plan D. The contract
The senior analyst on a project came up with Activity Duration Estimates as follows: Activity A: 10 days + a lag of 2 days; Activity B: 1 week + a lead of 3 days. The project manager who reviewed this, came up with some objections to these estimates. What would they most likely be?A. The analyst
All team members have not yet been acquired for a project. However, the project manager went ahead with estimating activity durations, budgeting and other activities. What could likely happen to the activity durations?A. The activity durations are likely to decrease.B. The activity durations are
5 times the planned value.
The total planned value (PV) for a project was $ 150,000. During the course of the project, the actual cost incurred turned out to be $ 275,000. What is the limit that the project manager usually imposes on the actual cost (AC)?A. The AC is usually limited to twice the planned value.B. The AC will
You have just been hired by a waste management company to start a solid waste management program in an under-developed country. The project will be on a build-operate-transfer basis and have a duration of 2 years. At close of the project, the program will be run by local authorities. The project
A project manager uses a Power / Interest grid to identify stakeholders in the project and to manage their expectations. Identify which of the following statements is wrong in the context of a Power / Interest grid.A. Stakeholders with lower power and lower interest need to be monitored.B.
Conformance to requirements and fitness for use are key concepts in quality management. Which of the following tools translates the customer requirements into technical requirements?A. Scope creep B. Process mapping C. Voice of the customer D. Quality checklist
A project manager who is a PMP discovered that there had been an error in the estimation of a project. A certain cost had been double calculated with the result that the budget, which had already been approved, was now in excess by a figure of $ 25,000. She is aware that publicizing this
You are a business development manager at a mid sized automobile manufacturing company. Recently, you've been given a project to evaluate the possibility of manufacturing light duty trucks in a Southeastern Asian country. To develop a cost estimate, you visit the country with a team of experts to
You are two days late on reporting status for a project that you are managing. The status report indicates that the project is lagging behind schedule. During the current week, you are confident of making up some of the lost time. How should you report project status?A. Since the status report is
A project uses rounding of activity estimates data to the nearest $100, uses staff hours as the unit of measure for resources, and has a variance threshold of 10% deviation from the baseline plan. These would be typically documented in the:A. Cost management plan B. Scope Statement C. WBS D.
20% of the work was completed in a project. At this stage the project manager determined that the budget at completion (BAC) was no longer viable and developed a forecasted estimate at completion (EAC). What index can the project manager use to look at the calculated projection of cost performance
A number of identified risks occurred early in a project. As a result, most of the project objectives ended up in jeopardy. The project manager decided to present a case to management that the project be closed down. This is an example of:A. Risk Acceptance B. Risk Mitigation C. Risk Avoidance D.
The list of identified risks is found in the risk register. However, the high-level risks are first listed in the:A. Scope statement B. Requirement document C. Project charter D. Risk management plan
Lena is managing the construction of a new office facility for her company. The project is half way through the execution. The project sponsor has asked Lena to ensure that all they key project stakeholders are still committed to the project. How can Lena assess the stakeholders' current engagement
Risk identification checklists are usually developed based on historical information and knowledge accumulated from previous similar projects. Which of the following statements about risk identification checklists is wrong?A. It is impossible to build an exhaustive checklist.B. The lowest level of
The Code of Ethics and Professional Conduct has as its foundation four values identified by practitioners from the global project management community. They are:A. Respect, fairness, transparency and freedom.B. Responsibility, transparency, fairness and honesty.C. Respect, freedom, honesty and
Linda is a first-time project manager and is analyzing a project schedule. She intends to apply resource leveling and has been given the following guidelines on resource leveling. Which of these four statements is incorrect?A. Resource Leveling can often cause the critical path to change.B.
A project manager included contingency reserves and management reserves in the total budget of a high-risk project. He also made certain earned value measurement calculations. Which of the following is incorrect?A. Contingency reserves are not part of the project cost baseline.B. Management
Mark is managing a water distribution network design project. The project is currently in the planning phase. During the Plan Stakeholder Management process, Mark feels the need to update the project stakeholder register. What should Mark do?A. Mark should update the stakeholder register; the
A project manager is working on the Perform Quality Assurance phase of a project. He is looking for an iterative means to improve quality and eliminate activities that don't add value. Which of the following will help him do this?A. Quality control measurements B. Quality checklist C. Continuous
As part of the procurement process, the procuring organization elected to have an estimate of costs prepared by an outside professional estimator. The estimator came up with an estimate of $ 500,000. However, the cost estimates prepared by prospective sellers were in the range of $ 200,000. How can
A project manager had scheduled a number of training programs for his team. However, he was aware that apart from planned training, unplanned training also took place in a number of ways. Which of these is not one of the ways in which unplanned training can happen?A. Classroom B. Observation C.
Your project team members have just started to work together and are now adjusting their work habits and behaviors to support each other. Which stage of the Tuckman ladder has your team just entered?A. Norming B. Performing C. Forming D. Storming
Richard is currently assessing his project stakeholders influences, interests, expectations, risk tolerance and engagement levels. This relates to which of the following tools and techniques?A. Stakeholder register B. Stakeholder analysis C. Project charter D. Expert judgment
A project was awarded based on a competitive proposal. Management made a commitment that a few key team members would be made posted on the project. When such assignments happen, they are termed as:A. Bargaining agreements B. Schedule constraints C. Assignment risk D. Pre-assignments
Which of the following models describes stakeholders based on their power, urgency and legitimacy?A. Influence / Impact grid B. Power / influence grid C. Power / Interest grid D. Salience model
Lois is a project manager managing a town-development project. She has set up a series of interviews with various stakeholders to gather some experiential and historical information on risks. Which phase is this likely to happen in?A. Perform Qualitative Risk Analysis B. Plan Risk Responses C.
You have completed your estimates for your project and determined that it will take 10 months to complete. However, your project sponsor insists that it be completed in 9 months. How do you handle this?A. Increase the budget by 10%B. Inform the sponsor you will have to explore the options before
Successful project managers generally spend an inordinate of time, doing what?A. Updating the Project Management Plan B. Communicating C. Working Scheduled Activities D. Managing Risks
An external auditor is auditing the quality of your project's management processes. Which of the following processes this activity relates to?A. Control Quality B. Perform Quality Assurance C. Validate Scope D. Control Procurements
Your project calls for communication with a very large audience. What communication method would be appropriate under such circumstances?A. Pull communication B. Interactive communication C. Two-way communication D. Push communication
You are reviewing a project with Tom, a new project manager. While discussing the communication requirements with Tom, you find that he has an impression that a project with 'n' number of stakeholders has 'n' communication channels. You are aware that this is wrong. What is the right answer?A. No
You are working on a project where all the team members are located in geographically different areas, therefore all the communication is done via e-mail and chat. It is sometimes hard to get the true meaning of these messages because you can't see facial expression or hear tone of voice, this is
You are the Project Manager and are responsible for the development of a mall. As with any construction project, there will be multiple iterations of blueprints and engineering drawings, so you have decided to create an online database that can be used to query the documents by name, type, date,
A project initially starts out with 3 stakeholders but the number increases to 7 during the course of the project. How many channels does the project manager now need to manage?A. 18 channels B. 10 channels C. 21 channels D. 7 channels
You are working on a project with a fixed fee contract, therefore communications should tend toward?A. Formal Verbal Communication B. Informal Written Communication C. Formal Written Communication D. Informal Verbal Communication
A communications management plan should include all of the following, EXCEPT:A. Glossary of Common Terminology B. Escalation List/Contacts C. Person that will issue weekly reports D. Risk Register
In order to stress to the group how important and difficult communication will be on the project you want to tell them how many channels of communication exist on the project. What would you tell them?A. 2625 channels exist on the project B. 52 channels exist on the project C. 2704 channels exist
You are holding a kick off meeting for the build out of a new data center. This will be the largest, most costly and most complex project you have worked on in your career. You have counted up the number of stakeholders, vendors and project team members to be
You have been asked to determine the logical relationships, leads, and lags for the activities that make up a project. What would be the BEST technique to use?A. Resource Smoothing B. Critical Path Method C. What-If scenario analysis.D. Resource Leveling
Which technique is NOT commonly used to align the timing of activities with available resources?A. Critical Path Method B. Resource Leveling C. Critical Chain Method D. Resource Smoothing
Which of the following is an output of the Conduct Procurements process?A. Advertising B. Selected Sellers C. Independent Estimates D. Expert Judgment
You are a Project Manager for a company that has a composite organization structure. The current project you are managing is coming to an end. There are a number of activities that need to be completed including releasing project resources. All of the following statements are examples or true
Due to unforeseen circumstances your supplier has run out of the cement needed for your construction project. What is the BEST strategy for dealing with this issue?A. Implement a workaround B. Implement the contingency response strategy C. Refer to the risk register D. Transfer the risk
19
67 D.
5 C.
84 B.
You are a Project Manager for Groceries R' US, a supermarket chain, and are currently working on a project to build a new outlet. The planned values (PV) for the foundation and the frame are $150,000 and $500,000. After five months, you do a performance measurement analysis. You are currently not
Which strategy attempts to reduce the probability and/or the impact of a risk to the point where the risk can be accepted?A. Mitigation B. Avoidance C. Acceptance D. Transfer
You are a Project Manager and are nearing the end of your project. You are now required to provide lessons learned documentation on the project. What is the MAIN purpose for preparing lessons learned documentation?A. To identify the valued employees who improved efficiencies B. To identify the
What is the MAIN reason for controlling the project scope?A. To enable scope creep B. To prevent changes from affecting the project C. To ensure timely closure of the project.D. Preventing scope creep.
What BEST describes the role of the project team members?A. To perform the project work B. To approve the change requests C. To be ultimately responsible for the project's success D. To authorize the project
The sponsor and the project manager are discussing what type of contract the project manager plans to use on the project. The buyer points out that the performing organization spent a lot of money hiring a design team to come up with the design. The project manager is interested in seeing that the
You are the Project Manager for Commodities, Inc. You are involved in a new project to create an internal web site for the employees of Commodities, Inc that will allow them to view events within the company. All of the following options listed are project constraints EXCEPT?A. The project must be
All of the following statements are true about the cause and effect diagram EXCEPT?A. A maximum of six causes are listed on the cause and effect diagram.B. Ishikawa is another name for the cause and effect diagram.C. The effect being studied is normally stated at the head of the diagram.D. The
You are a PMP who is nearing the end of an important project. You have spent considerable energy on this project nurturing a cooperative relationship between your organization and the customer. What is the customer's MOST important role in bringing the project to a close?A. The customer is
Which statement is NOT true about the configuration management system?A. The configuration management system doesn't include change tracking system.B. It documents the functional and physical characteristics of a product.C. The configuration management system is a sub-component of the overall
The sponsor of your facilities upgrade project has left the company to another organization. Few weeks later, you are reviewing the business case for the project and discover that there are several inconsistencies between what is stated in the business case and what is described in the project
You are a Project Manager creating the final project file. Which information would you NOT include in this file?A. Project calendars B. Lessons learned from previous similar projects C. Risk response actions D. Scope management plan
78 D. $10,000
29 C.
You are the Project Manager for Wicked Fast Cars, Corp. You are working on a project for the Human Resources department that is scheduled to take one year. After three months into the project, you calculate the EV at $35,000 and the PV at $45,000. Which option below represents the value for the
You are a Project Manager for an automotive parts company. Your organization has been hired to produce clutches for an exotic car company which will involve the design and production of custom clutches. During the course of the project you are reviewing a quality control statistics chart that
You are the Project Manager for GeoThermal Systems. Which of the following must be done FIRST before proceeding with a new project?A. Create the Project Scope Statement B. Stakeholder analysis C. Product analysis D. Obtain Project Charter approval
A project team has recently computed the project's current schedule and cost performance indices. They have also calculated the new estimate to complete and the TCPI based on the new estimate at completion. The project key stakeholders are not fully aware of the earned value management process.
Which of the following should be done FIRST during the Project Life Cycle?A. List the key people and organizations that have a stake in the project.B. Ascertain the stakeholder interests and expectations for the project.C. Identify the key people and organizations that have a stake in the
What is the BEST tool and technique that provides the expected cost of a procurement and helps identify significant variations from cost estimates prepared in-house?A. Screening system B. Bidder conferences C. Independent estimates D. Buyer-conducted performance review
You are the project manager for a project and have just entered the third year of a scheduled four year project. You need to evaluate new risks that have emerged since the project began. What should you perform to provide this information?A. Variance and trend analysis B. Process Improvement Plan
The project sponsor asks you to increase budget estimates by 25% to ensure that enough funds are budgeted for the project. What should you do?A. Add 25% to your contingency reserves.B. Fast track the project.C. Add 25% to all costs across the board.D. Ask for additional information
You have recently been successful in passing the Project Management Professional exam. Others within the organization you work for are also pursuing the certification and have sought your assistance. They have requested that you provide them with a detailed list of the questions that you had on the
Johan is a project manager working for a Norwegian accounting firm. To get results, Johan often tells team members that if deadlines are not met, he will have to discuss their performance with their functional managers. Johan's organization can not be a:A. Projectized organization B. Weak matrix
Which tool is BEST used to display how a company structures itself departmentally?A. WBS B. BOM C. OBS D. RBS
A project manager would find team development to be the MOST difficult in which type of organization?A. Functional organization B. Projectized organization C. Weak matrix organization D. Balanced matrix organization
A project has several teams. Team C has repeatedly missed deadlines in the past. This has caused team D to have to crash the critical path several times. As the team leader for team D, you receive word that the next deadline may also be missed. You should meet with the:A. Project Manager alone B.
The manager of a project, that your company is running in another country, is at the corporate headquarters for a company-wide project management meeting. During a break, you overhear the project manager discussing payments made to local municipal governments for construction permits for his
A complicated software project was authorized by a project sponsor. However, the users who were intended to use the product found it very difficult to articulate their requirements. What technique can be employed to elicit requirements for such a project?A. Job overlaying B. Hidden participant C.
Which of the following techniques can help clarify the structure, requirements, and other terms of the purchases so that mutual agreement can be reached prior to signing the contract between a buyer and a seller?A. Independent estimates B. Advertising C. Bidder conferences D. Procurement
You have been asked to create a graphical display of schedule-related information listing schedule activities on the left side of the chart, dates on the top, and activity durations as date-placed horizontal bars on the right side. What would such a chart be called?A. PERT chart B. Gantt chart C.
Your project team works in two different buildings across the city. The team has been struggling to perform effectively and has a difficult time resolving problems. What would be the BEST team development technique to resolve this issue?A. Mediation B. Rewards C. Co-location D. Training
Stacy is producing a documentary on African wildlife. Although the project key stakeholders are very supportive of the project, Stacy believes that there are some stakeholders' concerns that might become major problems in the future. What should Stacy do?A. Treat them as project issues and address
Which process is MOST responsible for managing changes to the schedule components of the Project Management Plan?A. Control Schedule B. Create WBS C. Develop Project Management Plan D. Develop Schedule
Which of the following is not a Tuckman's team development stage?A. Confronting B. Forming C. Norming D. Adjourning
A measure taken to bring future results in line with the project plan BEST describes?A. Change request B. Preventive action C. Corrective action D. Defect repair
Which of the following statements about team-building activities is incorrect?A. It can be a 5-minute agenda item in a status review meeting.B. It can be a professionally facilitated experience designed to improve interpersonal relationships.C. The objective of team-building activities is to help
During the execution of a project, a need is felt to make major changes to the project stakeholder management plan. What must the project manager do first?A. Ask the project sponsor for an expert opinion.B. Directly make the required changes.C. Issue a change request.D. Move the project back to
You work as an engineer for a large engineering firm. The last week you have been corresponding back and fourth with the supervisor of your department about the horizontal stabilizers required for the wings on a new aircraft you are designing. Which communication dimension does this represent?A.
You are the Project Manager for JT's Lumber Yard. You are trying to forecast estimates for the last phase of the project you are currently working on. Based on the performance of the project to date, which formula can be used to estimate the total value of the project when completed assuming
You are a project manager for your company. Part of the project requires producing 10,000 widgets, which your company will outsource. The company has agreed to pay all related costs and 5% of the estimated project costs. What type of contract has been negotiated?A. Cost-Plus-Incentive-Fee contract
As project manager, you scheduled a status update meeting. During the meeting, a problem developed and the group discussed it. The day after the meeting, Kevin approached you and expressed his concern that the problem was not really resolved. After thinking about it, he felt that his concerns were
Susan is managing a multi-million dollar shopping complex construction project. The buyer of the project is an external entity. After identifying all the key and major project stakeholders, Susan is now planning to carry out a comprehensive stakeholder analysis. Which of the following is not
You are the Project Manager of a large IT project. A manager from a company contracted to work on the project offers you free tickets to a local sporting event. The tickets are expensive but your organization has no formal policy regarding gifts. What is the BEST way to handle the offer?A. Refuse
Which of the following is NOT a valid statement regarding the critical path method?A. The early start and finish dates and late start and finish dates are calculated without factoring in resource limitations.B. A forward pass and backward pass are performed through the project network paths.C. The
You are a Project Manager for a company that designs and develops automation systems for car companies. You are in the Close Project process for a project in which a new automation system has been designed and created for a car company located in Korea. You need to obtain formal acceptance for the
You are managing a project for your company constructing an office complex in another country. The construction work on 2 of the buildings is complete and is ready for move-in. However, the construction foreman informs you that a fee must be paid to a local government agency in order to be issued

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