PMP® Exam Practice Test And Study Guide 10th Edition Ginger Levin, J. LeRoy Ward - Solutions

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17. This contains all the supporting detail regarding activity estimates and includes assumptions, the methods used to derive the estimates, constraints, resources used to develop the estimates, confidence levels, and risks.A. Contingency estimates B. Basis of estimates C. Reserve estimates D.
16. If you know the expected value is 500 and the standard deviation is 12, you can say with approximately a 95 percent confidence rating which of the following?A. The activity will take from 488 to 512 days.B. The activity will take from 464 to 536 days.C. The activity will take from 494 to 506
15. You are a project manager for Move It Now trucking company.Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a
14. You are a project manager for Move It Now trucking company.Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a
13. Which of the following statements is true regarding the critical path?A. It should not be compressed.B. It allows for looping and branching.C. The critical path technique is the same as PERT.D. It's the duration of all tasks with zero or negative float.
12. Use the following graphic to answer this question. If the duration of activity B was changed to 10 days and the duration of activity G was changed to 9 days, which path is the critical path?A. A-B-C-E-H B. A-D-E-H C. A-F-G-H D. A-F-G-E-H
11. You are a project manager for Picture Shades, Inc. Your company manufactures window shades that have replicas of Renaissance-era paintings for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores
10. You are a project manager for Picture Shades, Inc. Your company manufactures window shades that have replicas of Renaissance-era paintings for hotel chains. Picture Shades is taking its product to the home market, and you're managing the new project. It will offer its products at retail stores
9. Which logical relationship does the PDM use most often?A. Start-to-finish B. Start-to-start C. Finish-to-finish D. Finish-to-start
8. You are working on a project that requires resources with expertise in the areas of hospitality management and entertainment. You have prepared the project schedule and notified the functional managers about the resources you'll need, and when, from their areas. What are the other things you
7. Match the following values from the Agile Manifesto.Table of Agile Manifesto Principles Values this Over this A. Responding to change 1. Contract negotiation B. Working software 2. Following a plan C. Customer collaboration 3. Process and tools D. Individuals and interactions 4. Comprehensive
6. You have been hired as a contract project manager for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. Customers must register before being allowed to order wine over the Internet so that legal age can be established.You know that the module to verify
5. Which of the following statements describe the activity list?(Choose three.)A. The activity list is an output of the Define Activities process.B. The activity list includes all activities of the project.C. The activity list is an extension of and a component of the WBS.D. The activity list
4. You have been hired as a contract project manager for Grapevine Vineyards. Grapevine wants you to design an Internet wine club for its customers. One of the activities for this project is the installation and testing of several new servers. You know from past experience it takes about 16 hours
3. Your project's primary constraint is quality. To make certain the project team members don't feel too pressed for time and to avoid schedule risk, you decide to use which of the following activity estimating tools?A. Three-point estimates B. Analogous estimating C. Reserve analysis D. Parametric
2. You are the project manager for Changing Tides video games.Your project is a bit ambiguous at first. It's similar in complexity and magnitude to a project that the team members worked on last year. The key stakeholder wants to be actively involved and be able to modify the requirements as the
1. You are the project manager for Changing Tides video games.You are in the process of breaking the work packages into activities. Which of the following options are true? (Choose two.)A. When using an agile methodology, activity lists are created using only the tools and techniques of the Define
20. Which of the following is not a major step of decomposition?A. Identify major deliverables.B. Identify resources.C. Identify components.D. Verify correctness of decomposition.
19. Your company provides answering services for several major catalog retailers. The number of calls coming into the service center per month has continued to increase over the past 18 months. The phone system is approaching the maximum load limits and needs to be upgraded. You've been assigned to
18. You are creating your project management plan. The project you are working on involves accepting credit cards on your organization's website. This will require yearly audits to ensure you are following best practices in developing your website and not exposing sensitive customer information.
17. Your project depends on a key deliverable from a vendor you've used several times before with great success. You're counting on the delivery to arrive on June 1. This is an example of a/an ___________________.A. Constraint B. Objective C. Assumption D. Requirement
16. You are a project manager for a documentary film company. The company president wants to produce a new documentary on the efforts of heroic rescue teams and get it on air as soon as possible.She's looking to you to make this documentary the best that has ever been produced in the history of
15. You are documenting acceptance criteria for your deliverables.Which of the following are true? (Choose two.)A. They are documented in the project scope management plan in a predictive methodology.B. They are not used in an adaptive methodology because the work is defined at the beginning of the
14. Which of the following statements about decomposition is true?A. Decomposition is a five-step process used to break down the work of the project.B. Decomposition requires expert judgment along with close analysis of the project scope statement.C. Decomposition is a tool and technique used to
13. You are a project manager working on a new software product your company plans to market to businesses. The project sponsor told you that the project must be completed by September 1. The company plans to demo the new software product at a trade show in late September and, therefore, needs the
12. You are a project manager working on a large, complex project.You've constructed the WBS for this project, and all of the work package levels are subprojects of this project. You've requested that the subproject managers report to you in three weeks with their individual WBSs constructed. Which
11. You are the project manager for Lucky Stars nightclubs. They specialize in live country and western band performances. Your newest project is in the Planning process group. You are working on the WBS. The finance manager has given you a numbering system to assign to the WBS. Which of the
10. You are a project manager for Giraffe Enterprises. You've recently taken over for a project manager who lied about his PMI®certification and was subsequently fired. Unfortunately, he did a poor job of defining the project scope. The project scope statement is the last document the previous
9. Your company, Kick That Ball Sports, has appointed you as project manager for its new Cricket product line introduction. This is a national effort, and all the retail stores across the country need to have the new products on the shelves before the media advertising blitz begins. The product
8. Which of the following statements is true regarding brainstorming and lateral thinking? (Choose two.)A. They are techniques that can be used in several Planning processes to help determine project scope, requirements, assumptions, constraints, and more.B. Lateral thinking is a form of
7. Which of the following makes up the scope baseline when using a predictive life-cycle approach?A. The approved project scope statement B. The approved scope management plan C. The approved WBS D. The approved WBS dictionary E. A, B, C, D F. A, C, D
6. You are a project manager for an agricultural supply company.You have interviewed stakeholders and gathered their project requirements in the Collect Requirements process. Which of the following is true regarding the process to which this question refers?A. The requirements document lists the
5. You are working on a project where the requirements and scope are well defined, but you know there will be changes when performing the work of the project. Your stakeholders will need to provide continuous feedback during the development stages of this project. Which of the following are true
4. Unanimity, majority, plurality, and autocratic are four examples of which of the following techniques and what they are used for?(Choose two.)A. They are used to help stakeholders come to conclusions and agreement on the requirements needed to fulfill the project objectives.B. Interviews, which
3. You are a project manager responsible for the construction of a new office complex. You are taking over for a project manager who recently left the company. The prior project manager completed the project scope statement and scope management plan for this project. In your interviews with some
2. You are a project manager for Laredo Pioneer's Traveling Rodeo Show. You're heading up a small project to promote a new line of souvenirs to be sold at the shows. You've held the kickoff meeting and are ready to begin creating the project management plan. You know that a kickoff meeting is
1. You are a project manager for Laredo Pioneer's Traveling Rodeo Show. You're heading up a small project to promote a new line of souvenirs to be sold at the shows. You know that the purpose of the project scope management plan and requirements management plan provide which of the following?
20. All of the following are true regarding supporting the team in subdividing tasks into the minimum viable product except for which one?A. Business value is delivered incrementally.B. Adjustments or corrections can only be made at the end of the iteration.C. This process is used in an agile
19. Which of the following is true regarding assisting the team in subdividing tasks into the minimum viable product?A. Each iteration will produce enough features to examine business value.B. Each iteration will provide an opportunity for feedback on future iterations.C. The minimum viable product
18. You are using an agile project management methodology to deliver business value. During each iteration, you and the team members are breaking down tasks into tangible components that have enough features and functionality to allow the customer to examine value and provide feedback to the team.
17. Your project requires contract resources with specific subject matter expertise to deliver business value. All of the following are true except which one?A. The contractor is a member of the business value network.B. The business value network is made up of external resources such as
16. How will you know that business value is being achieved?A. By observing the work product B. By asking the project sponsor C. By measuring business value using KPIs D. By requiring the project team to report on business value
15. You are using an agile approach to deliver business value incrementally. What other elements of business value should you be focused on? (Choose two)A. Examining business value throughout the project B. Reporting on business value only at the end of the project C. Accepting suggestions about
14. The VP of Human Resources has requested a new timekeeping project for their machine shop workers. The business value for this project is improving payroll accuracy. The workers are threatening a strike because of the antiquated system in place now.The current system has ancient time clocks that
13. All of the following are examples of business value except which one?A. Create a new car model that's never been offered before.B. Implement a new accounting system.C. Create goodwill.D. Improve employee engagement.E. A and B
12. Match the following roles in the agile methodologies with their titles.Role Description A. Product owner 1. The title similar to a project manager in the Lean methodology B. Sensei 2. The title similar to a project manager in the Kanban methodology C. Flow master 3. A Six Sigma title D. Team
11. You have identified, obtained contact information for, assessed, classified, and prioritized your stakeholders. Which of the following is true? (Choose three.)A. You have documented this information in the stakeholder register.B. You should use caution when making some of this information
10. Which term refers to those values that will lead to short- and long-term benefits for the organization?A. Business process improvement B. Business value C. Continuous improvement D. Value network
9. Match the following categories associated with analyzing stakeholders in the Salience model with their classification.Category Classification A. Legitimacy +urgency 1. Dangerous B. Power 2. Dependent C. Power + urgency 3. Dominant D. Urgency 4. Dormant E. Legitimacy 5. Discretionary F. Power +
8. The VP of customer service has expressed concern over a project you are managing. Her specific concern is that if the project is implemented as planned, she'll be missing an important feature enabling a call-back function where customers will not have to wait online but will receive a call back
7. You have performed variance analysis and discovered that you need to take action to get the project back on track. Which of the following are true? (Choose two.)A. Corrections and changes due to variance analysis findings can be made quickly using an agile project management methodology.B.
6. It is important for a project manager to identify stakeholders and understand their needs, interests, and influence. All of the following are true regarding stakeholders in this context except which one?A. Organizational structures and hierarchy, culture, geographic locations, global trends, and
5. You have completed the Develop Project Charter and Identify Stakeholder processes. What phase does this relate to in the Six Sigma DMAIC methodology?A. Analyze B. Control C. Measure D. Define
4. Which of the following are true regarding functional organizations? (Choose three.)A. All employees report to one manager and have a clear chain of command.B. Organizational structures and culture are independent from the project management methodology you'll use to manage the project.C. The
3. The amount of authority a project manager possesses can be related to which of the following? (Choose three.)A. The organizational structure B. The power and influence key stakeholders possess on the project C. The interaction with various levels of management D. The project management maturity
2. The VP of customer service has expressed concern over a project in which you're involved. His specific concern is that if the project is implemented as planned, he'll have to purchase additional equipment to staff his customer service center. The cost was not taken into consideration in the
1. A project is considered successful when __________________.A. the product of the project has been manufactured.B. the project sponsor announces the completion of the project.C. the product of the project is turned over to the operations area to handle the ongoing aspects of the project.D. the
20. Which of the following state the four main components of maintaining project artifacts?A. Ensuring that documents are stored appropriately B. Ensuring that documents are easily accessible to stakeholders C. Ensuring that documents are kept up to date with versioning control D. Ensuring that
19. You are a project manager for Zippy Tees. Your selection committee has just chosen a project you recommended for implementation. Your project is to manufacture a line of miniature stuffed bears that will be attached to your company's trendy T-shirts. The bears will be wearing the same T-shirt
18. Which of the following is true?A. Discounted cash flow analysis is the least precise of the cash flow techniques because it does not consider the time value of money.B. NPV is the least precise of the cash flow analysis techniques because it assumes reinvestment at the discount rate.C. Payback
17. Your selection committee is debating between two projects.Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?A. Either Project A or Project B,
16. Which of the following is true regarding stakeholders and the project charter? (Choose three.)A. The project charter will be used to ensure that stakeholders'expectations are in alignment with the project scope and with the final results of the project.B. The results of the needs assessment are
15. Which of the following is not true regarding the purpose of a business case?A. It is an economic feasibility study that helps determine whether the investment in the project is worthwhile.B. It describes the need or demand that brought about the project.C. It describes how the benefits of the
14. Which of the following is true regarding IRR?A. IRR assumes reinvestment at the cost of capital.B. IRR is not difficult to calculate.C. IRR is a constrained optimization method.D. IRR is the discount rate when NPV is equal to zero.
13. You are the project manager for Insomniacs International. Since you don't sleep much, you get a lot of project work done. You're considering recommending a project that costs $575,000; expected inflows are $25,000 per quarter for the first two years and then$75,000 per quarter thereafter. What
12. Which of the following is true regarding NPV?A. NPV assumes reinvestment at the cost of capital.B. NPV decisions should be made based on the lowest value for all the selections.C. NPV assumes reinvestment at the prevailing rate.D. NPV assumes reinvestment at the NPV rate.
11. You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the following information:Project Kansas City: The payback period is 27 months, and the IRR is 6
10. You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Arizona or Nevada. You have derived the following information:Project Arizona: The payback period is 18 months, and the NPV is(250).Project Nevada:
9. You need to collaborate with the stakeholders to determine project approval requirements. Which of the following describes project approval requirements?A. This describes what constitutes project success and how it will be measured.B. This describes the conditions that must be met in order to
8. When using an agile methodology to manage your project, all of the following Knowledge Areas have processes that are performed before, during, and after an iteration except for which one?A. Risk Management B. Schedule Management C. Procurement Management D. Quality Management
7. Your nonprofit organization is preparing to host its first annual 5K run/walk in City Park. You worked on a similar project for the organization two years ago when it cohosted the 10K run through Overland Pass. Which of the organizational process assets might be most helpful to you on your new
6. According to the PMBOK® Guide, all of the following are elements of a business case except for which one?A. The findings from the feasibility study are documented in the business case.B. It is preceded by a needs assessment, which will assess the needs and demands of the project, costs, risk,
5. Which of the following is not true about the benefits management plan?A. It is created early in the project and is reviewed at each phase gate.B. It documents the expected benefits the project will bring about and how the benefits will be measured.C. It is an important input to the Develop
4. You are the project manager for Fun Days Vacation Resorts. Your new project assignment is to head up the Fun Days resort opening in Austin, Texas. First, you estimate the duration of the project management plan activities. When that activity is complete, you start devising the project schedule,
3. The Integration Knowledge Area is highly interactive and may involve iteratively performing the Planning, Executing, and Monitoring and Controlling processes. Which of the following is true regarding this Knowledge Area? (Choose two.)A. Integration is managed and performed by the agile team when
2. Which of the following is true regarding the project charter?(Choose two.)A. The project charter should be issued by a manager external to the project.B. The project charter is not created when you are using a hybrid life-cycle methodology.C. The project charter should be issued by the project
1. Which of the following statements is not true regarding EEFs and OPAs?A. OPAs are external to the organization.B. EEFs are outside the control of the project team.C. Resource availability is an example of internal EEF.D. Change control processes are an example of an OPA.E. EEFs may drive
20. Your project team has a solid idea of the requirements for the project up front. Some specific elements of the deliverables are known at this point. Not all deliverables have been completely defined yet. The team would like to start with the known requirements and specific deliverables and then
19. Match the following terms with the statements that describe them.Term Description A. Project and program management 1. Concerned with working on the right projects at the right time B. Portfolio management 2. Centralized unit that oversees the management of projects throughout the organization
18. Which of the following are true regarding the Agile Manifesto?(Choose two.)A. It is concerned with the quality of the deliverable.B. Success is measured in incremental steps.C. The focus is on the value to the customer.D. It measures how efficiently the process was performed.E. It is concerned
17. Which of the following are characteristics of a predictive methodology? (Choose three.)A. The results of the work of the project are often not delivered until the end of the project.B. This methodology requires continuous feedback from your stakeholders throughout the project.C. Changes to the
16. Which of the following agile methodologies relies heavily on statistical data?A. Kaizen B. Six Sigma C. Lean D. XP E. Scrum F. Kanban
15. Which of the following agile methodologies are a type of pull system? (Choose two.)A. Kaizen B. Six Sigma C. Lean D. XP E. Scrum F. Kanban
14. Which of the following agile methodologies describes the seven wastes?A. Scrum B. Six Sigma C. Kaizen D. Kanban
13. Which of the following are true about a PMO? (Choose three.)A. There are three types of PMOs: supportive, controlling, and collaborative.B. The PMO is often responsible for implementing the OPM.C. The key purpose of the PMO is to provide support to project managers.D. The PMO facilitates
12. During which project management process group are risk and stakeholders' ability to influence project outcomes the highest?A. Planning B. Executing C. Initiating D. Monitoring and Controlling
11. What are the five project management process groups, in order?A. Initiating, Executing, Planning, Monitoring and Controlling, and Closing B. Initiating, Monitoring and Controlling, Planning, Executing, and Closing C. Initiating, Planning, Monitoring and Controlling, Executing, and Closing D.
10. All of the following statements are true except for which one?A. Programs are groups of related projects.B. Project life cycles are collections of sequential, iterative, and overlapping project phases.C. A project may or may not be part of a program.D. Portfolios are collections of
9. Your company sells Internet of Things appliances. They've just learned that another company is going to offer the same appliances you offer with new, updated features and functionality. Your project came about to incorporate similar features in your product line. What is the business reason or
8. Agile project life cycle methodologies are characterized by which of the following? (Choose three.)A. Dividing tasks into small deliverables that can be completed in a short time frame.B. Using a step-by-step process where one task is completed followed by another.C. This methodology is used
7. Which of the following are true regarding multiphased relationships? (Choose three.)A. Planning for an iterative phase begins while the work of other phases is progressing.B. Overlapping phases occur when more than one phase is being performed at the same time.C. During sequentially phased
6. Which of the following applies a set of tools and techniques used to describe, organize, and monitor the work of project activities to meet the project requirements?A. Project managers B. The PMBOK® Guide C. Project management D. Stakeholders
5. You've been hired as a manager for the adjustments department of a nationwide bank based in your city. The adjustments department is responsible for making corrections to customer accounts. This is a large department, with several smaller sections that deal with specific accounts, such as
4. Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. This project was approved by the stakeholders and you have been appointed the project manager. These new products will
3. Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products will be offered indefinitely starting with the spring catalog release. Which of the following is
2. You work for a textile manufacturing firm. Your organization is introducing a new color line for their drapery materials. Changing colors for these materials during the manufacturing process is straightforward. This is considered which of the following?A. Project initiation B. Ongoing operations
1. Which organization has set the de facto standards for project management principles, processes, and techniques?A. PMBOK®B. PMO C. PMI®D. PBO
Assume you are working for a major airline in your country. Rather than use paper tickets to board, it has authorized a new product so they are available on mobile phones or smart watches to show to the gate agent and speed up boarding times. This project then is authorized because of a—a.
One of the reasons why it is challenging to work on a virtual team is that e-mail is the primary form of communications. However, words alone typically comprise what percent of the total impact of any message?a. Seven percentb. 15 percentc. 38 percentd. 55 percent
When determining the message that you will deliver to stakeholders, knowing both the content (what you want to say) and your audience is important. Which of the following helps you to understand how others may interpret your message?a. Sender-receiver modelsb. Facilitation techniques used in

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PMP® Exam Practice Test And Study Guide 10th Edition Ginger Levin, J. LeRoy Ward - Solutions

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