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pmp® exam practice test and study guide

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

You find out that a project team member has been stealing some material from the work place. You accidentally discover this and he says that he is very sorry about it, and will not repeat it again. You will:A. Get a statement in writing from the project team member saying that he will not repeat
Accounting for the limited resources in the project schedule is called:A. Forward pass B. Critical chain method C. Backward Pass D. Critical Path Method
You are managing the communication requirements for your project. You find that certain general management skills come into play as part of managing stakeholder requirements and that there are different dimensions to communication that you have to plan for as the sender of information. Which of the
You have just learned that your project's sole equipment supplier has gone out of business. This is an unanticipated risk, and will cause a delay in the project until a new vendor can be selected and contracts put in place. What do you do?A. Continue working on non critical path tasks.B. Put out on
A detailed milestone list is created as an output of what process?A. Sequence Activities B. Define Activities C. Develop Project Charter D. Develop Schedule
Select the best answer: Continuous process improvement reduces _____________ and ________, which allows processes to operate at increased levels of efficiency and effectiveness.A. Process and policy overhead.B. Departmental and organization processes C. Cost and scope D. Waste and non-value added
The formula for Cost Variance is:A. CV=EV-AC B. CV=AC-EV C. CV=BAC-(AC-EV)D. CV=SV-BC
Sometimes the broader, more comprehensive summary activity is also referred to as:A. Critical Activity B. Hammock Activity C. Milestone D. Group Task
Organizational process assets are key inputs to the Manage Stakeholder Engagement process. The key elements of the organizational process assets utilized during this process are organizational communication requirements, issue management procedures and the change control procedures. Which of the
Defense Dynamics has been awarded a fixed price project to design and build a military cargo jet. The design team is looking at ways to increase the cargo capacity of the plane while keeping manufacturing costs and the fuel efficiency of the final product within specific limits. The engineers on
Which of the following processes deals with maintaining the integrity of baselines by releasing only approved changes for incorporation into the project management plan?A. Perform Integrated Change Control B. Direct and Manage Project Work C. Develop Project Management Plan D. Monitor and Control
A summary milestone schedule would normally be part of which document?A. Project sign-off document B. Project charter C. Project requirements document D. Project scope statement
A project manager determines that there are 15 communication channels in the project. The number of stakeholders in the project must then be:A. 15 stakeholders B. 6 stakeholders C. 8 stakeholders D. 105 stakeholders
Michael is managing a multi-million dollar project. The project is in the planning phase and has a big number of key stakeholders. During an analysis, Michael finds out that there are big gaps between the current and desired engagement levels for most of the key stakeholders. What should Michael do
As part of the Close Procurements process, the project manager prepared a complete set of indexed contract documentation, including the closed contract, to include with the final project files. This is called a:A. Procurement file B. Documentation file C. Closure report D. Closure file
A decision tree is a Perform Quantitative Risk Analysis technique that is structured around using a Decision Tree Diagram. It describes a situation under consideration and the implications of each of the available choices and the possible scenarios. A Decision Tree Diagram shows how to make a
Which of the following is Deming's formula for continuous improvement?A. Plan-Act-Check-Do B. Plan-Do-Check-Act C. Check-Plan-Do-Act D. Plan-Check-Do-Act
While rating a proposal, one of the requirements was "The proposed project manager needs to be a certified Project Management Professional, PMP® " This is an example of:A. Constraints B. Source Selection Criteria C. Assumptions D. Good practice
Susan is currently developing her project's stakeholder register. She wants to identify the internal and external parties that are involved in the project. Which of the following documents can provide this information to Susan?A. Scope management plan B. Project charter C. Stakeholder management
3.1.8. - System Deployment Testing Planning - This element includes the effort to identify requirements for and methodology of testing systems to be deployed."A. a resource breakdown structure B. a scope baseline C. a bill of materials D. a WBS dictionary entry
The following text is an example of ___________________. "WBS Element
Calculation of late finish dates and late start dates for the uncompleted portion of the project is called____________.A. Schedule compression B. An arrow diagram C. A backward pass D. A forward pass
A large construction project for a logistics company will require the expenditure of a large amount of capital. The finance group works with the project manager to project set limits when expenses will be incurred in a given project, and determine if there are ways to smooth out or level the
You have overheard two functional managers arguing about the impacts that your project will have on their departments. What is your best response?A. Do nothing.B. Analyze and report to each manager the impact your project will have on their departments in terms of time and resources required, and
You are setting up your project team and you are looking at a chart that shows that the programming will be performed by Systems Development, the infrastructure will be implemented by Infrastructure Systems, the customer communication will be handled by the Call Center. This is an example of what
The cost estimates for a project are in the range of +/- 5 %. What phase is the project likely to be in?A. Closing phase B. Preliminary phase C. Initial phase D. Intermediate phase
For your weekly project status review meetings, you set some time aside on the agenda to review the risk register and review the project risks. You ensure that the response plans are still appropriate and add or delete risks as necessary. This is an example of?A. Technical Performance Measurement
The Quality Policy is the intended direction of a performing organization with regard to quality. As a project manager in a performing organization, you find that the organization lacks a formal quality policy. What should be done in such a case?A. The project management team need not develop a
Bottom-up Cost estimating is typically motivated by the size and complexity of:A. The project management software B. The statistical relationship between historical data and other variables C. The project budget.D. The individual schedule activity or work package
Projects are often started as a result of an external factor such as market demand for a new product, a new legislative or regulatory mandate, or a change in technology. This results in the creation of ______ by an entity or organization external to the project.A. the project charter B. the WBS C.
All of the following are characteristics of a project, EXCEPT:A. Has a definite beginning and end B. Temporary C. Progressively elaborated D. Ongoing Effort
Breaking down project activities into smaller components in order to obtain a more accurate cost estimate is called:A. Work breakdown structure B. Analogous estimating C. Decomposition D. Bottom-up estimating
Fill in the blank: ______________ includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.A. Statement of Work B. Project Time Management C. Project Scope Management D. Work breakdown structure
The Make-or-Buy analysis is a technique that is used as part of the Plan Procurement Management process. It is used to determine whether a particular product or service can be produced by the project team or should it be purchased. The analysis to arrive at a decision should include:A. Indirect
You are managing a fund raising golf tournament that has a hole-in-one contest. However, your company can't afford to pay the $1,000,000 award if someone does get a hole in one, so they have elected to take out an insurance policy in the event that someone does get lucky. This is an example of?A.
The key difference between Validate Scope and Control Quality is:A. Validate Scope is concerned with meeting the quality standards specified.B. Validate Scope is concerned with the acceptance of deliverables.C. Validate Scope does not apply in projects that have been cancelled.D. Validate Scope can
Your company is way behind schedule in the deployment of a government mandated change to a health care processing system that must be in production by the end of the year. You and your team have met and decided to hire an additional 50 programmers to work with the existing staff on the activities
Costs incurred in one area of a project can offset costs in another area of the same project. However, it is not the best practice to consider only the costs of project execution when making project decisions. What must also be considered?A. Costs of non-conformance B. Planning costs C. Operating
Megawatt is estimating the overall expected cost of a new ERP system deployment project using the actual costs of an earlier similar ERP system deployment project as the basis for the cost. This is what type of estimating?A. Analogous B. Bottom-up C. Expert Judgment D. Parametric
Which of the following process groups involves people and resources coordination, stakeholder management, as well as integrating and performing the activities of the project in accordance with the project management plan?A. Executing Process Group B. Monitoring & Controlling Process Group C.
You have been asked to fill in for another project manager while he is on vacation. During the next project status meeting, you ask for a risk report. The project team says they have never reported on that before, and are unsure if there is a master project risk log. What do you do?A. Do nothing.B.
You are working on a project where a negative risk has occurred. However, you have no contingency plan for this risk. You call a meeting and a solution is devised to change the workflow until a permanent solution can be implemented. This is an example of?A. Work Item B. Workaround C. Work Package
Project performance appraisals are different from team performance assessment in that project performance appraisals focus on?A. Reducing staff turnover B. A Team building effort C. How each team member is performing on the project D. An evaluation of the project team's effectiveness
You have completed a milestone in your software development project and you are now verifying that the product meets the specifications outlined in the project management plan. What process group is this process in?A. Quality Control B. Monitor and Controlling C. Executing D. Planning
You are working on an upgrade to a call distribution system for a call center, however you are finding it extremely difficult to get the proper resources assigned and tasks completed because the Call Center Manager is in control of the budget. You have just realized that you work in what type of an
Juliana is managing a complex multimillion dollar project. The number of the project stakeholders is high and most of the project stakeholders are heavily interested in the project. Providing daily project updates to the project stakeholders is becoming difficult for Juliana because of the effort
Throughout various project meetings you have documented differences in opinion, situations to be investigated and emerging or unanticipated responsibilities. These are all inputs to what document?A. RACI Chart B. Issue Log C. Risk Register D. Project Performance Appraisals
The Project Manager controls the interfacing and overlapping areas of the organization's procurement processes, and the project schedule with processes from this area:A. Project Human Resource Management B. Project Scope Management C. Project Risk Management D. Project Integration Management
A project manager is managing a project where there are teams located in remote locations in order to obtain cost savings. This is in line with organizational guidelines which require that at least 25% of work should be done from a remote location. This is an example of:A. A constraint B. A
A point in time that a project or project phase is authorized to its completion is called:A. Project scope B. Control limit C. Project threshold D. Project boundary
A software vendor on your project is hoping to be awarded a contract providing software for another project at your company. You are not the manager of the other project. However, the vendor offers you tickets to an upcoming professional sports event if you will "put in a good word" for his company
On a control chart, if six consecutive plot points are above the mean, then what can be established about the process?A. The process is out of control B. The process will be out of control after plotting the seventh point.C. The process is in control D. Nothing can be established
The Executive VP of Finance has informed you that you will be the Project Manager for an energy audit the company is performing in order to save expenses. He has tasked you to identify the stakeholders and to start documenting the high-level assumptions and constraints. Your project is in what
As the project manager of a project, you have needed to estimate certain activity durations before all project team members were acquired. On acquisition of the project team, you find that the actual competency levels of the acquired team members are much lower than what you had anticipated. In
You have a schedule activity that can be delayed without delaying the early start date of any subsequent activities. This is an example of?A. Free Float B. Lead Float C. Total Float D. Lag Float
A storm has damaged the manufacturing facility that is being constructed as part of your project. You have just discovered that, although the project risk management plan mandated that the facility be insured against damage and loss, this policy was never acquired and the losses now have to be
Which of these statements is true?A. The cost of correcting mistakes through an inspection is much lesser than the cost of preventing them.B. The cost of preventing mistakes is generally much lesser than the cost of correcting them as revealed by inspection.C. It does not matter where a defect is
As a project manager, you are concerned with both Prevention and Inspection of errors in a work product. The difference between Prevention and Inspection is:A. Inspection is work done by the Quality Control (QC) team whereas Prevention is work done by the Quality Assurance (QA) team B. Inspection
Jack is the project manager of a project that is halfway through the execution. Jack is currently looking at the schedule of work. He adjusts a few of the schedule milestones and imposes date constraints for some of the work packages. This relates to which of the following processes?A. Control
The termination clause and alternative dispute resolution (ADR) mechanism for each procurement in a project is documented in:A. Scope Statement B. Agreement C. Resource Calendars D. Source Selection Criteria
Jim's project is in execution. The cost management plan and the project budget were approved by all key stakeholders during the planning phase of the project. Recently, the finance manager of the company has notified Jim that his project funding might suffer as another higher priority project has
Mandatory dependencies are those that are inherent in the nature of the work being done. They often involve physical limitations, such as on a construction project where it is impossible to erect the superstructure until the foundation has been built. According to the PMBOK, this type of dependency
Control Schedule is part of which Project Management process group?A. Monitoring and controlling B. Planning C. Executing D. Initiating
The State of New York has contracted your company to provide a claims payment system for Medicaid benefits. In the contract there is a clause that indicates that the State of New York can review your work processes and deliverables. This is an example of?A. Performance Report B. Record Management
A Work Breakdown Structure (WBS) dictionary supports the WBS and is a companion document to the WBS. Which of the following is not included in the WBS dictionary?A. List of schedule milestones B. Resource assigned C. Agreement Information D. Code of Account Identifier
A project team is participating in a brainstorming meeting for a project. The project is in the planning phase. The team is trying to determine the current and preferred project stakeholder engagement levels and analyzing the gaps between these two states. They are also discussing different
The Earned Value Management methodology can be used as a means to:A. Forecast future performance based on past performance B. Calculate the number of days left in the project C. Calculate the value provided to the customer D. Calculate the profitability of the project
Large variations in the periodic expenditure of funds are undesirable for organizational operations. Therefore the expenditure of funds is frequently reconciled with the disbursement of funds for the project. According to the PMBOK, this is known as:A. Disbursement reconciliation B. Expenditure
There are a number of risks that have been identified in your project. The team has elected not to change the project plan to deal with the risk, but they have established a contingency reserve of money in the event some of these risks are triggered. This is an example of what type of risk
A project manager of a project that was contracted on a Time and Material basis finds that some of the tasks have been taking lesser time than planned. On average each team member has required only 30 hours to accomplish work which was planned for 40 hours during the week. The project manager
Which of the following is the correct statement regarding the Identify Stakeholders process?A. It is a discrete process.B. It is an optional process.C. It is an iterative process.D. It is a planning process
A manager asked to see a list of milestones in the project. This would be available as an output from the:A. Sequence Activities phase B. Define Scope phase C. Estimate Activity Durations D. Define Activities phase
A construction project requires that governmental environmental hearings be held prior to site preparation. What kind of a dependency is this?A. Optional dependency B. Discretionary dependency C. Soft logic D. External dependency
You are negotiating a contract with a seller. You want to go in for a Fixed price type of contract. The seller uses a different terminology for the fixed price type of contract. He is most probably referring to it as a:A. Cost-Plus-Fixed-Fee contract B. A Time and material contract C. Lump sum
Your company has just completed an unexpected round of layoffs. Morale is low, and resources are tighter than ever. Your project is now behind schedule because of the loss of resources. Overtime work will be required of everyone for the next several weeks in order to close the gap. One of the
Which of these are not inputs to the Determine Budget process?A. Cost baseline, requirements traceability matrix B. Project schedule, agreements C. Basis of estimates, activity cost estimates
A variance threshold for costs or other indicators to indicate the agreed amount of variation allowed is called:A. Upper specification limit B. Control thresholds C. Upper control limits D. Cost overrun
As a project manager, you periodically do project performance reviews to compare cost performance over time, schedule activities or work packages over-running and under-running budget, milestones due, and milestones met. Which of the following is not a valid analytical technique?A. Trend Analysis
Funding requirements for a project are usually in incremental amounts that are not continuous, and these appear as a step function in the graph depicting Cash flow, Cost baseline and Funding. Any gap at the end of the project, between the funds allocated and the cost baseline represents:A.
Lucy is currently preparing a high-level cost estimate for her project in the initiation phase. Given the limited detail available to her, what would you expect the range of her estimate to be and what would you call such an estimate?A. -25 to +25 %, Rough Order of Magnitude B. -5 to +10 %, Narrow
An estimating technique that uses a statistical relationship between historical data and other variables (for example, square footage in construction, lines of code in software development) is known as:A. Parametric Estimating B. Analogous Estimating C. Bottom-up Estimating D. Historical Analysis
Your project is mid-way through a delivery schedule. As the project manager, you want to determine how much work is still left. Which is the most accurate way to determine the remaining work to be carried out by the project team?A. Rolling wave method B. Earned Value Technique C. A Manual forecast
5
5 C. The CPI is 2 D. The CPI is
A project is estimated to cost $ 50,000 with a timeline of 50 days. After 25 days, the project manager finds that 50% of the project is complete and Actual costs are $ 50,000. What is the Cost Performance Index (CPI) ?A. The CPI is 1 B. The CPI is
Contingency Reserves are estimated costs to be used at the discretion of the project manager to deal with:A. Scope creep B. Anticipated but not certain events.C. Unanticipated events D. Anticipated and certain events
The Cost Performance Baseline is a time-phased budget and is used as a basis to measure, monitor, and control overall cost performance of the project. It is usually displayed in the form of:A. An S-curve B. An inverted S curve.C. Pie-chart D. A Z curve
A change request has just been formally documented and approved by the Change Control Board. The project manager now needs to communicate this to a project team member. Which of the following activities must the project manager necessarily do?A. Telephone the team member and inform him/her about
A project manager creates a component-specific tool to verify that a set of required steps have been performed. This tool is called a:A. Risk Register B. Assumptions log C. Checklist D. Plan-Do-Act-Check
To control the schedule, a project manager is re-analyzing the project to predict project duration. This is done by analyzing the sequence of activities with the least amount of flexibility. What technique is being used?A. Leads and lags B. Work Breakdown Structure C. Flowchart D. Critical Path
You are managing a project that has a task to translate several pages of a document into Spanish. This is very similar to a project done last year where a document was translated into German. You are not sure how long it will take to translate into Spanish so you look at the project plan from the
During the weekly change control board meeting, you invited the facilities manager to speak about the change request to increase the BTU's to the air conditioning system in the new data center. This is an example of what type of tool and technique in the Perform Integrated Change Control process?A.
You are managing an oil drilling project. With oil at $143 per barrel this could be a very lucrative project. However, there is a chance that the price of oil will drop below $105 per barrel, thus eliminating the profit in the project. This is an example of:A. Requirement B. Assumption C. Risk D.
You are an experienced project manager and have managed several data center migration projects. You are currently conducting training on the databases, spreadsheets and management plans you will be using during the lifecycle of the project. This training is a tool and technique in what process?A.
Which of the following statements is incorrect?A. Developing project team is the responsibility of the project manager.B. A project manager must not acquire resources needed to develop effective project teams.C. High team performance can be achieved using open and effective communications.D.
You are managing a software development project. The project will involve working with a remote team. One of the requirements is to set up a secure communication link. The lead-time to setup the link is 45 days. Since the initial phase of the project involves requirements gathering, you feel that
You are working on a data center migration project and will be moving a mainframe system to another data center. However, you can't have any downtime when performing the move. The subject matter experts have various ideas regarding how this daunting task can be done, but the group is not coming to
A project has gone out of control and the project manager is trying to bring it back under control. There have been a number of changes to the project scope and some of the changes resulted in further changes such that the project cost spiraled and the project went out of schedule. This is known
When developing your project schedule, you have asked everyone to provide a list of planned vacations over the next 3 months and you have applied this into the tasks that each person is responsible for. This is an example of what tool?A. Resource Calendars B. Adjusting Leads C. Schedule Variances
You are running one week behind on a project due to the late delivery by a vendor. You are forced to compress your project schedule due to a government mandated end date that constrains your project. After meeting with your team, the decision is to work several tasks in parallel that were scheduled

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