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pmp® exam practice test and study guide

PMP Exam Prep Ninth Edition 9th Edition Rita Mulcahy - Solutions

15. You have recently joined an orga11i1.atio11 that is just beginning to follow formal project management practices. In a meeting, your manager describes your next assignment, a project to select and implement a new telephone system for the customer service department. When you request a signed
14. Which of the following best describes a project management plan?A. A prmtout from project management software H. A bar chart C. Scope, risk, resource, and other management plan~D. The proicct scope
13. At various pomts dunng project execution, the project manager reviews the project charter. Which of the following best describes \\·hat a project charter may be used for when the work is being completed?A. To make sure all the team members are rewarded B. To help determine if a scope change
12. Double declining balance is .1 form of:A. Decelerated depreciation B. Straight-line depreciation C. Accelerated depreciation D. Life cycle costing
11. Approved corrective actions arc an input to which o(the foUowing processes?A. Validate Scope B. Direct and Man:ige Project Work C. Develop Project Charter D. Develop Schedule
10. The project manager's m.rny responsibilities include being or service to the team, integrating new team members as the project progresses, and ensuring that the project meets its objective~ withm ~cope, time, budget, and other constraints. Which o( the following best describes the project
9. Integration is done by the:A. Project manager B. Team C. Sponsor D. Stakeholders
8. Effective project integrntion usually requires an emph;isis on:A. The careers of the team members B. Timely updates to the project management plan C. Effective communication at key interface points D. Product control
7. A project is plagued by requested changes to the project charter. Who has the primary responsibility to decide if these changes are necessary?A. The project manager B. The project team C. 1he sponsor D. The stakeholders
6. A work auth ori1~1ti on system can be used to:A. Manage who does each .ictivny.Fl. Manage when and in wh,1t sequence work is done.C. Manage when each activity is done.D. Manage who does each activity and when it is done.
'1._ :. !\ll 1he following .1r.• p.irts 0f,rn cffect1v
4. The customer on a project tells the project manager they have run out of money to pay for the project.What should the project manager do first~A. Shift more of the work to later in the ochedule to allow time for the customer to get Lhe funds.I.I. Close Project or Phase.C. Stop work.D. Release
3. Your well-planned project is likely to encounter a number of change requests and approved changes durmg its life cycle. Jn the change m.111agcment plan, you h.we outlined the processes that you and others \\'ill use to underst.rnd the impacts of changes. Getting stakeholder acceptance of the
2. 1he customer has accepted the completed project scope. However, the le~sons learned required by the project management office have not been completed. What is the status of the project?A. 111e project is incomplete because it needs to be replanned.B. lhe project is incomplete until all project
l. You are planning communications on,\ new service development project. Your stakeholder list is large, hut not te1T.ibly complicated. Not all stakeholders will understand the need for developing an actual rnmmu11icat1ons plan, and you .1lready haw good relati
Exercise Test yourself! Describe common changes on proiects, and determine what you would do to handle each. An example is proYidcd. Bccau~
Ques tio11 Someone wants to make a change to the project scope. What is the best thing to do first?
Questio11 A functional manager wants to make a change to the project. What is the first thing a project manager should do?
Exercise In the following scenarios, which process would generate requests for corrective action?When·when meeting with the customer to obtain acceptance of interim deliverables\Vhcn measuring pro ject performance against the performance measurement baseline·when making sure people are using the
Exercise Test yourself! Lessons learned include what type of information!
Exercise Test yourself! Ma.ke a list of the specific actions required to create a project manage.rnenl plan that is bought intn, ;:ipproved, realistic, .ind formal.
Exercise Make a list of what is different about managing the large project described in this charter versus managing the small project described in the earlier charter example.What Would Be Different about Managing the Large Project versus the Small Project?
Exercise Test yourself!What Does the Project Charter Do for the Project Manager?
What Is Included in a Project Charter?
Q11t·sticm An or~'llnization has a project with an initial budget of$ l ,OOO,OOO. The project is half complete, and it has spent 52,000,000. Should the organization consider the fact that it is already $1,000,000 over budget when determining whether to continue ·with the proje1.."t?
Exercise Remember, you do not have to be an accountant to pas the exam. You do not have to use accounting formulas (aside, pos~ihly, from a couple of present value questions). But you do need to have a general understanding of what the term~ mean. So, test yourself! For each row in th
QJ1estion What docs a benefit-cost ratio of 1.7 mean?A. The costs are greater than the benefits.B. Revenue is 1.7 times the costs.C. Profit is 1.7 times the costs.D. Costs are 1.7 times the profit.
Question There are two projects from which to choose: Project A with a payback period of six months and Project .B with a payback period of 18 months. Which one should the organization select?
Que.;tion An organization has two projects from which to choose: Project A with an TRR of21 percent and Project n with an IRR of l.5 percent. \Nhkh one 1s a better option?
Question An organization has two projects from which to choose. Project A will take three years to complete and has an NPVof$4S,OOO. Project B will take six years to complete.md has an :t\PV of $85,000. Which one is a better investment?
Question Is the present value of$300,000 to be received three years from now, with an expected interest rate of 10 percent, mor or less than $300,000~
26. A market demand, a business need, and a legal requirement are examples of:A. Reasons to hire a project manager B. Reasons projects arc irutiatcd C. Reasons people or businesses become s takeholder~D. Reasons to sponsor a project
25. All the following 'occur dunng the planning process group except:A. Develop Project Charter B. Create \.\-'BS C. Estimate Costs D. Sequence Activities
2·t Which process group focuses on completing the requirements of the project?A. ln1t1ating B. PIJ1mmg C. Exc,uting D. Clo~ ing . ,..l . u·,.- ·I),. -:>• ,J -,,, I,,,
23. Which of the following is the most appropriate thing to do in project closing?A. Work with the customer to determine acceptance criteria.B. Confirm all the requirements in the project have been met.C. Collect historical information from previous projects.D. Gain formal approval of the
22. Whu:h process group~ must be included 1n every project?A. Planning, ext'cuting, and cl o!>mg B. lnitiJting, planning, and executing C. Planning, exe~"Uting, and monitoring .md contrnlling D. Initiating, planning, executing, monitoring and controlling, and closing
21. During which process group docs the team measure and analyze the work being done on the project? • -t A. Initiating B. Executing C. Monitoring .rnd controlling D. Ck1-,mg
20. 1hc first phase of your project has come to an end. Y\'hat JS the most important thing to ensure is done before beginning the next phase?A. Verify that the resources are available for the next phase.B. Check the project's progress compared to its baselines.C. Confirm that the phase has reached
19. The software development project has progre~sed according to plan. The team is very enthusiastic about the product they have created. Now they are looking ,\h(·ad to finding new projects to work on.You c.u1tion them that the current project cannot be considered complete until after the closing
18. You are m.maging two projects anJ h,l\'e been a~,1gncd to .1 tlmJ proje.:t thott h;1' JU\! bcc11 .1pprovcJ.You b.:gin th(' new project, and arc able tn man.1ge 1t well along with the others }'Oll .m· m.m.1ging.During initiating, you are focu~ed on .1ccompl1~hmg a number of act1V ities. Winch
17. Which project management process group generally takes the most project time and resources?A. Planning B. Design C. Lntegr.Hion D. Executing
16. Which of the following is .1 characteristic of project management processes?A. Iterative B. Unique C. Unnecessary D. Standardized
IS. Which of the followmg 1s the most apprnpnatc thing to do during the mitiating proce-;~ group?A. Create a dct.iilcd description of the prn1ect deliverable, B. Cet familiar with the comp.in} ,ulture and structure .1s they relate to the }Hl1jcct.C. Identify the root cause of problem~.D. Ensure aH
14. During a team meeting, a team member asks about the measurements that will be used on the project to assess performance. TI1e team member feels that some of the measures related to activities assigned to him are not valid me.isurements. "!he project is mo~t likely in what part of the project
13. A te;m1 member notifies the project manager that t11e activities comprising a work package are no longer appropriate. It would be best for the project manager to be in what part of the project management process?A. Corrective action l\. Integrated change control C :Ylonitonng and controlling D.
12. A prOJCCt manager gets a ..:all from a team member notifying him that there is ,\variance between the speed of a system on th
11. 111e best time to assign a project manager to a project ts during:t\. Integration B. Project selection C. Initiating D. Plannjng
I 0. A project manager doe~ not have much time to spend on pl.urning before the mandatory start date arrives I-le therefore wants to mow through planning as effectively as possible. \.\That advice would you offer?A. Make su.re you have a signed project charter and then start the WBS.B. Create an
9. The v\ll3S and WBS dictionary have been completed, and the project team has begun working on identifying risks. The sponsor contacts the project manager, requesting that the respl)nsibilit)'assignment matrix be issued. 'The project has a budget of$ I 00,000 and is taking place in three countries
8. 111e high-level project schedule constraints have just been determined. What project management proc..:ss group arc you in?A. lnitiatmg B. Planning C. Executing D. Monitoring and controlling
7. The project sponsor bas just signed the project c.h.irter. What is the next thing to do~A. Begin to complete work packages.B. Validate scope.C. Start integr.i.ted change control.0. Start to create management plans.
6. Which of the following is not an input to the initiating process group?I\. Company processes B. Company culture C. Historical \VBSs D. Project scope statement
5. 1he person who should be in control of the project during project planning 1s the:A. Project manager B. Team member C. Functional manager 0. Sponsor
4. A detailed project schedule can be created only after cre.iting the:A. Project budget B. Work breakdown structur~C. Project man.i.gement plan D. Detailed risk assessment
3. 1hc project team has just completed the initial project schedule and budget. 11lc next thing to do is to:A. Identify risks.B. Begin iterations.C. Determine conununicat1ons retlllin:mcnts.D. Cre.ite a b
2. The project charter is crc.ited in which project management process group?A. Executing B. Planning C. Closing D. Initiating
I . A project manager has received some help from the team, and she Meds help from them again so that she can create a detailed project budget. Which project managem
Exercise What arc the specific action~ required to complete the Close Project or Phase process?
Exercise What are the specific .1ctions required as part of project monitoring .md controlling?
Exercise Imagine you a.re about to begh1 project executing. What type of actions must betaken?
Exercise Wh:it :ire the specific actions required to complete project plann ing?
Exercise Let's go beyond inputs. What are the ~pecific actions required to complete project mitiating?
Exercise \Vhat docs a pr1..•jc..:t m.m.1ger need to know or h.wc before initiating .1 project?
24. r\ comp.my " makmg .in efTort to 11nprnw its project performance and create· h1storic.1J records of p.1~t projects. Wh.11 i~ thl' h
23. What is a program?A. An initiative set up by man,1gement B. A means to gain benefits and control of related projects C. A group of unrelated projects m.uuged in a coordinated way D. A government regulation
22. Consideration of ongoing operations and m::untenance i5 crucially important to products of projects.Ongoing operations and maintenance should:A. Be inc.luded as activities to be performed during project closure B. Be a separate phase in the project life cycle b ecause a large portion of life
21. A complex aerospace engineering project is nearing completion. Because the work w.1s highly teclmical.md new to the org.mizat ion, the prod uct of the project was released two months later than planned.Despite the late delivery, management is appreciative of the effort expended and b elieves
20. Company procedures require the crc.1tion of a lessons learned register. \Vlm:h of the folk1w 111g 1s the best use oflessons learned?A. Historical records for future projects B. Planning record for the current project C. Informing the team about wh.1t the project manager Ju~ done D. Informing
19. Operational work is different from project work m that operational work is:A. Unique n. Temporary C. Ongving anJ repetitive D. A part of every project activity
18. The tlitforencc bNwl•en a project, program, and portfolio i~:A. A project h ;1 temporary endeavor with a beginning and .rn end, a program may include other nonproject work, and .1 portfolio is all the projects in a given depMtment or division.B. A project 1s .1 lcngthy endeavor with a
17. One of your team members infonns you that he docs not know which of the many projects he is working on is the most important. Who should determine the priorities between projects in a company?A. The project manager B. ·n1e project m::magemcnt team C. 1l1c proj('C( 111.111.igement office
l 6. A proJt!Ct team is working on manufacturing a new product, but they are having diffirnlty creating a project charter. Wh.1t is the best description of the real problem?A. They have not identified the project objectives.B. 1hey arc working on a process and not a project.C. 'lhe end date has not
15. As a project manager, you ha\'e had to develop skills to help plan and manage projects successfully.Which skills would best help you encourage project team~ to reach levels of high cooperation and achievement, promote a positive relationship with sellers on a project, and involve stakeholders
14 Your management team has decided that all orders will be treated as projects and that project managers will be u~ed to update orders d.1ily, to resolve issues, and to ensure the customer formally accepts the product withtn 30 days of completion. Revenue from the individual orders can vary from
13. To obtain support for the project throughout the performing organization, it's best if the project manager:A. Ensures there is a communications management pl.m B. Correlates the need for the project to the organization's strategic plan C. Connects the project lo the person.ll objectives of the
12. A project manager is managing his ~ccond pro1ect. lt started one month after the first one did, and both project> are still in process. 'Though his first project is srn.ill, the new project seems to be quickly grow mg 1n size. As each day passes, the project manager is feeling more and more m
11. If a project man.1gcr is concerned with gJthcring, integrating, .md disscmmatmg tlie outputs of .ill project management processes, she should concentrate on improving the:A. Work breakdown structure (\NBS)B. Commumcations management plan C. Project management info rmation system (PM IS)D. Scope
10. A project manager's pnmary responsibility is to deliver the product of the project within project constraints. Actions taken .ind changes made to the benefit of one constraint could negatively affect anot11er. vVhich of the following hest describes the major constraints on .1 project?A. Scope,
9. A framework for keepi ng ;111 organization focused l1n its overall strategy is:A. Organi1,ational project management B. 11)e PM BOK" G1ade C. Projcd governance 0. Portfolio management
8. All the following are characteristics of a p roject except:A. It i~ temporary.B. It has a defi nite beginning and end.C. lt has intcrrdatcd activities.D. Lt repeats itself every month.
7. Who has the most power in a project-01 icntcd organization?A. 'foe project manager B. "Ihc functional man.1ger C. The team D. 1hcy .ill ~ bare power
6. Two project managers have just realized that they arc in a weak m,1trix organization .rnd that their power as project managers is quite limited. One figures uut that he is really a project expediter, and the other realizes she is really a projc..:l coc>rdinator. How 1s .1 project expediter
5. A project team member is talking to another team member and complaining that many p eople are.1slung him to do things. Ifh.,. works in .1 funcnonal organi1.ation, who has the power to give dire('hon to th
4. A project manager has little project experience, but she has been assigned as the project manager of a new project. Because she will be working in a matrix organization to complete her project, she can expect communications to be:A. Simple D. Open and accurate C. Complex D. Hard to automate
3. A project manager is trying to complete a software development project, but cannot get enough attention for the projc~
2, A projectteam is discussing the benefits and drawbacks of working on projects within their organization now that it has become project onented, 1hey can agree on many advantages for the team and for the organization, but also agree there .ire ~ome drawbacks relative to tht' strong matrix
l. Understanding the culture, policies, and procedures of the organization in which the project is being performed is most challenging in :A. Global organi'tations B, Manufacturing organizations C, Small organizations D, Agile organ1zat1ons
Exercise The Role of the Project Manager Test yourself! Describe the role of the project manager.
Exercise The Role of the Functional or Resource Manager Test yourself! Descnbe the role of the functional or resource manager.
Exercise The Role of the Stakeholders Test yourself! Oescnbethe role ofthcstakeholdm as ,1 group.
Exercise The Role of the Project Team Te\t yoursdf! Dcmihc the role of the team.
Exercise The Role of the Project Sponsor/Initiator Test your~clf! Describe the role of the project sponsor/initiator.
Exercise Test yourself! You can expect questions 0 11 the exam that will test your understanding of the advant.1ges and dis;idvantagcs of the fu nclion al, project-oriented, and matrix organizational structures. Undcrst.md ing the advantages and disadvantages of each will help you evaluate
Exercise Test yourself! Read the description oft11c PMO, and determine whether 1t is likely to be supportive, controlling, or directive, or a combmatton of the three.Description Manages .1JI projects throughout the organ11.at1on 2 Provides support and gmdan
Question When managing a project, which of the following is the best order to deal with problems that arise?A. Go to the team, go to management, go to resource managers B. Go to resource managers, go to management, go to the L-UStomer C Handle it yourself, go to the customer, go to management D.
7. Questions with more than one item in each choice Let's look at the following example:Q11estwn 'lhe seller on the projt•ct h,15 presented the project manager with a formal notification that the seller has been damaged by the buyer's activities. The~eller claims that the buyer's slow response to
6. Quc~tions with a new approach to a known topic There will be many mstances where you understand the topic, but have never thought about it in the way the question describes. For example:Q;iestio11 In a matrix organization, information dissemination is most likely to be effective when:A.
5. Q uestions where und erstand ing is imp ortant Let's look at the following question:Q.ue.1tion 'TI1c process of decomposing deliverable~ into smaller, more mJn,1gcablc components is cc.>mplete when.A. Project justification has been estahlished.B. Change r~·quesb b.wc occurred.C. Cost estimates
4. Q).iestions u sing made-up term ~ M.111y people tJking the exam expect that all the ter m~ used as choices should me.in somcthmg. Ilut that 's not the c.i~c. The ex.1m often indudes made-up term~. If you consider yourself well trained and sec a term on the exam th.1t you do not know, ch,rnces
3. Questions with extraneous information lt is important to realize that not all information included in a question will be relevant. For example, the numbers in the following question are extraneous data.Qpestion Experience shows that each time you double the production of doors, unit costs

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