PMP Exam Cram: Project Management Professional (Exam Cram (Pearson)) 1st Edition Michael R. Solomon - Solutions

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During your accounting software implementation project, two project team members have difficulty working together. They come to you, the project manager, for help resolving the issues. You immediately set up a meeting that includes the functional manager. After the meeting you and the functional
During your accounting software implementation project, you find that training is not progressing as quickly as the schedule requires and the users are not well trained after the sessions are over. After investigating the cause, you find that the trainers you have retained do not have the proper
Which of the following statements best describes the influence of stakeholders over the life of a project? A. Stakeholders ultimately direct all project activities. B. Stakeholder influence is low at the beginning and tends to grow throughout the project.C. Stakeholder influence is the highest at
At what point in a project do you have the highest probability that it will fail? A. The beginning of the project B. After the initial project plan is published but before work actually begins C. After the halfway point of the project is reached D. Just before the end of the project
While building your project team, you decide to include a business analyst with extensive experience implementing, using, and managing tasks with the new chosen accounting software. This individual has managed and participated in other projects that are similar and knows how to work well with
Which process group contains the processes that ensure the project includes the work required to successfully complete the project, and no more? A. Project scope management B. Project quality management C. Project integration management D. Project risk management
You are managing a project that will implement a new accounting software package. You have assigned the resources, both personnel and equipment, and want to keep the IT manager in the loop by informing her of your decisions. Which type of organizational structure are you working in? A. Projectized
A. Security vulnerability assessments do not materially contribute to your organization's products and should not be considered important enough to be classified as a project. B. This endeavor cannot be considered a project because no start date is specified. C. The recurring nature of the
In a fishbone diagram, where is the effect depicted? ❍ A. At the right-hand end of the spine ❍ B. At the end of a diagonal line ❍ C. On a branch of a diagonal line ❍ D. At the left-hand end of the spine
Which of the following systems is designed to ensure the timely availability and oversight of non-personnel resources? ❍ A. Inventory control ❍ B. Materials management ❍ C. Procurement ❍ D. All of the above
A good project manager tends to __________________ above all else when it comes to active communications. ❍ A. Write reports ❍ B. Cold-call people ❍ C. Listen ❍ D. Help
You are in charge of a project that is going to miss the milestones that were set at the enterprise level by two weeks. What do you do? ❍ A. Advise management of the revised project plan and timeline ❍ B. Wait and see if they notice when you do not give an update on the item ❍ C. Crash the
You are assigned to lead a corporate project with a lot of diversity and several countries participating. What is your best course of action when it comes to giving assignments and setting up the schedule? ❍ A. Try to standardize all activities based on the corporate calendar ❍ B. Tell
An activity not on the critical path is completed in half the scheduled time. What is the impact? ❍ A. The critical path is shortened. ❍ B. The slack in the path containing this activity increases. ❍ C. The total cost for this activity decreases. ❍ D. Resources from this activity can be
Which of the following is a graphic display of cumulative costs and labor hours plotted against time? ❍ A. Trend line ❍ B. Trend analysis ❍ C. S curve ❍ D. Percent completion report
As a senior leader in the project management field, you receive a voice mail from one of your competitor’s junior project managers asking for help in the project management discipline. What is the most appropriate course of action? ❍ A. Tell the other guy to stop complaining and get a couple of
Which of the following is not an input to plan quality? ❍ A. Scope baseline ❍ B. Schedule baseline ❍ C. Quality metrics ❍ D. Risk register
Which of the following terms describes a formal invitation to submit a price for specified goods or services? ❍ A. Request for proposal ❍ B. Request for quotation ❍ C. Tender invitation ❍ D. Bid invitation
You are offered a job as project manager for a fixed cost project. At the same time, you are approached by another client to work on her project on a time and material basis at a higher hourly rate. What should you do? ❍ A. Tell the new client that you need some time to consider all your options
What is the purpose of a management reserve? ❍ A. Implement additional unbudgeted scope ❍ B. Compensate for inaccurate estimates ❍ C. Cover major unforeseen catastrophes ❍ D. Cover unforeseen problems in the project
As project manager, you offered a promotion to a team member that included a small increase in salary but substantially more responsibility. Which of the following team member’s needs would this promotion fulfill? ❍ A. Monetary ❍ B. Physiological ❍ C. Esteem ❍ D. Self-actualization
You work for an organization that has no rules with regard to vendor kickbacks or special gifts. A vendor approaches you with a trip to Paris, provided you help him get the contract with your organization. What would be the most prudent thing to do? ❍ A. Accept the offer and help the vendor get
___________________ and __________________ are two procedures used to perform all the closure activities in a project or a project phase. ❍ A. Management, stakeholder ❍ B. Project team, stakeholder ❍ C. Administrative, procurement closure ❍ D. Management, procurement closure
S-curves, histograms, and earn value analysis are examples of ❍ A. Project justification ❍ B. Capital acquisition requests ❍ C. Performance reporting tools ❍ D. None of the above
What would be the result of imposing judgment on a project team? The project manager is ______________ his recommendations. ❍ A. Smoothing ❍ B. Formalizing ❍ C. Compromising ❍ D. Forcing
Which of the following statements best describes Pareto’s Law? ❍ A. All problems that have a measurable cost associated with them should be corrected to minimize quality control losses ❍ B. The majority of defects are caused by a small percentage of problems and improvement efforts should be
You have chosen to “crash” a project to avoid penalty payments for late deliveries. To crash the project, either overtime or additional resources should be assigned to ❍ A. All activities ❍ B. Activities with the longest time durations ❍ C. Critical path activities beginning with the
Which of the following types of contract is the same as cost plus contract? ❍ A. Fixed firm price ❍ B. Cost reimbursable ❍ C. Fixed price plus incentive fee ❍ D. Progress payments
Which phrase is most similar to business risk? ❍ A. Profit and loss ❍ B. Personnel turnover ❍ C. Workmen’s compensation ❍ D. Liability insurance
Which leadership style would be most common in a car wash? ❍ A. MacGregor’s Theory Y ❍ B. MacGregor’s Theory X ❍ C. Maslow’s hierarchy of needs ❍ D. Ouchi’s Theory Z
Which of the following types of specifications identifies specific measurable capabilities or parameters for which a product can be tested during the acceptance procedure? ❍ A. Performance ❍ B. Functional ❍ C. Technical ❍ D. Base Line
Maslow’s hierarchy of needs talks about how people need to satisfy various personal needs. What is the correct sequence for those needs? ❍ A. Safety, love, esteem and self-actualization, physiological ❍ B. Love, physiological, safety, esteem and self-actualization ❍ C. Esteem,
Which of the following phrases best describes Deming’s definition of Quality? ❍ A. Conformance to requirements ❍ B. Fitness for use ❍ C. Continuous improvement of products and services ❍ D. Customer focus
Uncertainty refers to a situation where ❍ A. The outcomes are known and the likelihood of occurrences are high ❍ B. The outcomes and the likelihood of occurrences are known ❍ C. Neither the outcomes nor their likelihood of occurrences are known ❍ D. Current states can change at any time
Because the CPI is .5625, what do we know about this project? ❍ A. It can be finished on time if we crash the schedule. ❍ B. We will need an extra six weeks to complete it. ❍ C. The project is at budget risk. ❍ D. None of the above.
What will be the estimated at completion cost? ❍ A. $1,200,000 ❍ B. $675,000 ❍ C. $3,000,000 ❍ D. $1,050,000
What is the schedule variance? ❍ A. –$157,351 ❍ B. –$289,750 ❍ C. –$283,500 ❍ D. There is not enough information.
What is the cost variance? ❍ A. –$250,000 ❍ B. –$483,103 ❍ C. –$289,750 ❍ D. –$131,250
What is the budget at completion? ❍ A. $300,000 ❍ B. $168,750 ❍ C. $675,000 ❍ D. There is not enough information.❍ A. $300,000 ❍ B. $168,750 ❍ C. $389,453 ❍ D. $483,103
The Pareto chart, fishbone diagrams, histograms, and Six Sigma are techniques used for implementing ___________ in the project. ❍ A. Quality processes ❍ B. Quality metrics ❍ C. Quality control ❍ D. All of the above
A task-oriented list of activities organized into a tree is a ❍ A. Detailed plan ❍ B. Linear responsibility chart ❍ C. Work breakdown structure ❍ D. Cost account coding system
What must management do to achieve long-term quality improvements? ❍ A. Motivate the employees using various techniques ❍ B. Create a quality control department and give it the authority over production ❍ C. Implement of a formal quality control program with worker and management
Statistical cost estimating techniques that use historical data are called ❍ A. Definitive ❍ B. Analogy ❍ C. Three-point ❍ D. Parametric
An approved corrective action is ❍ A. A response to a management request ❍ B. A quality management plan ❍ C. A course correction to bring the project in line with the project plan ❍ D. None of the above
What is the name of the process that uses as primary inputs the procurement documents and the source selection criteria? ❍ A. Plan procurements ❍ B. Conduct procurements ❍ C. Administer procurements ❍ D. Close procurements
Which of the following is not a basic element for successful communication? ❍ A. Sender ❍ B. Message ❍ C. Analog line ❍ D. Receiver
How much time should a project manager spend in communication activities? ❍ A. 10%–25% ❍ B. 36%–50% ❍ C. 51%–69% ❍ D. 70%–90%
What type of inspection validates that quality requirements are met? ❍ A. Inspection by attributes ❍ B. Cyclical inspection ❍ C. Quality conformance inspection ❍ D. Original inspection
As a project manager, you need to know how to manage conflict. Which one of the following is not a way to successfully manage conflict? ❍ A. Problem-solving ❍ B. Compromising ❍ C. Formal ❍ D. Withdrawal
You and your project team determine that external resources are needed. Which method would be best to secure these resources? ❍ A. Acquisition ❍ B. Pre-assignment ❍ C. Negotiation ❍ D. Contract management
Quality and _____ are directly related. ❍ A. Productivity ❍ B. Cost overruns ❍ C. Scope control ❍ D. Pareto diagram
The purpose of configuration management is to ❍ A. Insure drawings are updated ❍ B. Control change throughout the project ❍ C. Control change during production ❍ D. Generate engineering change proposals
Cost of quality is ❍ A. Associated with non-conformance to specifications ❍ B. Primarily caused by poor workmanship of workers ❍ C. Used to determine whether a quality management program is suitable for a given project ❍ D. Negligible for most large projects
Quality management ❍ A. Is another name for recurrent inspections ❍ B. Is inversely related to productivity ❍ C. Is primarily the responsibility of management ❍ D. Is primarily the responsibility of the workers
Quality assurance application in a project is the ❍ A. Definition of organizational quality practices ❍ B. Ensuring of Six Sigma compliance ❍ C. Application of Pareto charts to project sample points ❍ D. Application of organizational quality metrics to the project
One method to determine how well a project is executing at a specific point in time is by using ❍ A. Cost variance analysis ❍ B. Historical data ❍ C. Expert judgment ❍ D. The cost performance index (CPI)
The process of selecting and documenting the best approach to meet the project objectives is part of ❍ A. Scope baseline ❍ B. Scope authorization ❍ C. WBS ❍ D. Scope planning
Graphic displays of accumulated cost and labor hours, plotted as a function of time, are called ❍ A. Variance reports ❍ B. S curves ❍ C. Trend analysis ❍ D. Earned value reporting
Resource leveling will often affect the project by making the schedule ❍ A. Shorter ❍ B. Longer ❍ C. More responsive to customer needs ❍ D. Both A and C
Which of the following is NOT part of the definition of quality? ❍ A. Conformance to requirements ❍ B. Fitness for use ❍ C. Continuous improvement of products and services ❍ D. Appeal to the customer
When the project manager receives a project change request, he should ❍ A. Send it to the change control board for approval ❍ B. Discuss it with the project team and leave it for phase 2 ❍ C. Evaluate its risk and potential impact before taking any action ❍ D. None of the above
Which one of these is not used when preparing a statement of work? ❍ A. Project scope statement ❍ B. Work breakdown structure ❍ C. Risk management plan ❍ D. Work breakdown dictionary
Which of the following is a recognized contract type within the PMI context? ❍ A. Fixed-price or lump-sum contract ❍ B. Cost-reimbursable contract ❍ C. Time and material ❍ D. All of the above
Which one of these is not a typical way to deal with negative threats? ❍ A. Avoid ❍ B. Transfer ❍ C. Mitigate ❍ D. Share
As of today, $1000 worth of planned work on task A was supposed to have been done (PV). However, currently the EV is $850. Calculate the schedule variance (SV): ❍ A. –100 ❍ B. 100 ❍ C. –150 ❍ D. 150
Quality control is normally performed by ❍ A. QA personnel ❍ B. Project team ❍ C. Operations personnel ❍ D. Project management
The intent of the risk management process group is to ❍ A. Underwrite all the risks affecting the company ❍ B. Announce project risks ❍ C. Address and implement how risk will be identified and mitigated ❍ D. Increase the probability of positive outcomes in the project
Sound project objectives should be ❍ A. General rather than specific ❍ B. Established without considering resource bounds ❍ C. Realistic and attainable ❍ D. Measurable, intangible, and verifiable
Who has the ultimate responsibility for making sure that a message in the project team is understood? ❍ A. The project sponsor ❍ B. The sender ❍ C. The project coordinator ❍ D. All
You are completing the closeout of a project to design a storage facility. The procurement contract is a cost plus incentive fee contract. The target costs are $400,000, with an 8 percent target profit. However, the project came in at $360,000. The incentive split is 75/25. How much is the total
Which of the following terms describe the process of gathering, generating, and disseminating project information upon project completion? ❍ A. Close project ❍ B. Close project or phase ❍ C. Administrative closure ❍ D. Operational transfer
How many communication channels will be required in a project in which 30 individual are participating? ❍ A. 150 ❍ B. 270 ❍ C. 444 ❍ D. 435
The process in which detailed resource assignments and responsibilities are formalized is called the ❍ A. Develop project management plan ❍ B. Plan quality ❍ C. Develop project charter ❍ D. Develop human resource plan
Within the PMI realm, who is ultimately responsible for the project quality? ❍ A. Project team ❍ B. Project manager ❍ C. Quality assurance manager ❍ D. Validation engineer
Which tool is useful to determine what causes the majority of quality problems in a process? ❍ A. Cause and effect diagram ❍ B. Flow chart ❍ C. Control chart ❍ D. Pareto chart
Which of the following is NOT an element of procurement management? ❍ A. Inspection ❍ B. Purchasing ❍ C. Estimating ❍ D. Expediting
Which one of the following cost budgeting tools use current and historical project information to calculate project cost estimates? ❍ A. Cost cancellation techniques ❍ B. Reserves analysis ❍ C. Parametric estimating ❍ D. Funding limit reconciliation
The major difference between project and functional management is that the project manager generally does not have any control over which function? ❍ A. Cost allocation ❍ B. Staffing ❍ C. Rewarding ❍ D. Monitoring
Which of the following is not a good input to project cost estimation? ❍ A. Work breakdown structures ❍ B. Time estimates ❍ C. Earn value analysis ❍ D. Schedules
Which project schedule represents the tasks outlined in the network diagram? O A. O B. . 4 * PAISALUJE PRANAENSE BULERAR
What is the critical path? ❍ A. Start – A – D – G – Finish ❍ B. Start – B – F – Finish ❍ C. Start – C – E – H – Finish
What would be the early start for activity H? ❍ A. 11 ❍ B. 10 ❍ C. 4 ❍ D. 6
The project baseline ❍ A. Encompass all the initial estimates for tasks and resource utilization ❍ B. Is only important in the project initiation phase ❍ C. Is the result of the original plans plus the approved changes ❍ D. Is not needed to successfully manage a project
At what point in the project does administrative closure take place? ❍ A. When the project is cancelled ❍ B. At the completion of each phase ❍ C. When the project is complete or cancelled ❍ D. As management sees fit
Which of the following situations describes a violation of the PMI Code of Ethics and Professional Conduct? ❍ A. Accepting a gift that is within the customary guidelines of the country or province you are currently working in ❍ B. Use of confidential information to advance your position or
Which two of the following knowledge areas are part of closing? ❍ A. Communications management and risk management ❍ B. Integration management and scope management ❍ C. Scope management and procurement management ❍ D. Integration management and procurement management
The work breakdown structure ❍ A. Is a list of all the tasks needed to complete a meeting ❍ B. Is needed as part of the project charter ❍ C. Is set and does not change throughout the project ❍ D. Is used to break down the project into manageable pieces
What does fast tracking mean? ❍ A. Speed up a project by performing some activities in parallel ❍ B. Swap one activity for another ❍ C. Reduce the number of activities if possible ❍ D. Both B and C
What is the primary function of the project manager? ❍ A. Systems design ❍ B. Client interfacing ❍ C. Quality assurance ❍ D. Integration
Which of the following is NOT and input to the administer procurements process? ❍ A. Performance reports ❍ B. Source selection criteria ❍ C. Approved change requests ❍ D. Contract
The project management plan ❍ A. Is the steps needed to complete a project task ❍ B. Is prepared at the beginning and fixed throughout the execution of the project ❍ C. Not needed until resources have been assigned ❍ D. Is an outline that identifies all the steps and processes that will be
The two processes in the closing process group are called ❍ A. Close procurements and verify scope ❍ B. Verify scope and close project or phase ❍ C. Close project or phase and close procurements ❍ D. Report performance and close procurements
Reaching an agreement of concessions is accomplished in the _____ stage of negotiations. ❍ A. Protocol ❍ B. Posturing ❍ C. Bargaining ❍ D. Closure
Project success can be achieved only if ❍ A. The project manager is an expert in managing resources. ❍ B. The project manager is part of the executive management team. ❍ C. There is a clear link between the project deliverables and the business strategy. ❍ D. The project sponsor leads the
Which one of the following is an output for the report performance process? ❍ A. Trend analysis ❍ B. EVM ❍ C. Variance analysis ❍ D. Change requests
Project scope ❍ A. Defines all the equipment that will be used in the project ❍ B. Is a document that identifies the stakeholder responsibilities ❍ C. Is part of the project charter ❍ D. Defines at a high level the project execution framework and its deliverables
An activity estimated to require one month for completion with 800 hours of labor and a burdened cost of $47,000. The activity was completed in 800 hours but at a higher burdened cost of $58,000. What is the most likely reason for the increase? ❍ A. Higher salaried employees were assigned to the
What is the primary purpose of project control? ❍ A. Plan ahead for uncertainties ❍ B. Generate status reports ❍ C. Keep the project on track ❍ D. Develop the project road map
Scorecard modeling, cost benefit analysis, payback periods, and internal rate of return are examples of ❍ A. Project selection methods ❍ B. Enterprise benefits measurement methods when selecting a project ❍ C. Ways to ensure stakeholder commitment ❍ D. Integral parts of the statement of work
The project charter ❍ A. Is a good thing to have to enter restricted areas ❍ B. Tells the newspapers when the project will end ❍ C. Authorizes equipment acquisition ❍ D. Provides a high-level definition of the effort and its stakeholders

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PMP Exam Cram: Project Management Professional (Exam Cram (Pearson)) 1st Edition Michael R. Solomon - Solutions

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