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You are project manager of a project and you have decided to
CRASH the project. Which of the following is the most likely
outcome of this ?
1.increased cost
2.added risk
3.increased project time
4.doing activities in parallel
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Changing the project plan to eliminate the risk and protect the
project objectives is called ____________.
1.Avoidance
2.Transference
3.Mitigation
4.Share
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Which of the following helps to determine the probability of
completing the project?
1.Monte Carlo Analysis
2.Impact Analysis
3.Qualitative Risk Analysis
4.Quantitative Risk Analysis
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_________are simillar to control chart without displayed
limits.
1.Run charts
2.Pareto charts
3.Ishikawa diagrams
4.Histograms
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You are the project manager for the large Project. You are
currently busy with approximating number of work periods
required to complete individual activities with estimated
resources. Which of the following inputs you need for this ?
1.Activity List
2.Activity resource requirements
3.Resource Calendars
4.All of the above
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One activity will be delay three weeks and that will affect the
project completion date. Who will approve the change ?
1.Change control board
2.project manager
3.Senior management
4.Team member
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Which type of contract has the highest risk for the seller?
1.Reimbursed time
2.Time and materials
3.Fixed price
4.Reimbursed cost
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You are a project manager of a company and you are
assigned to a project that has already decided to be
outsourced. As a project manager, you need to organize a
formal bid process and select the vendor for this project. You
own stock in one of the vendor companies who also
participated in the bidding process. What is the BEST course
of action for you?
1.Get the vendor company selected for the project.
2.Keep the information to yourself.
3.Tell your manager and remove yourself from the vendor
selection committee.
4.Ask other members of the selection committee to select your
vendor company.
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You are the project manager and you have to choose the best
project from available choices. Which of the folowing is the
BEST choice?
1.Benefit cost ratio (BCR) of project A is 2.5
2.Benefit cost ratio (BCR) of project B is 2.1
3.Benefit cost ratio (BCR) of project C is 0.6
4.Benefit cost ratio (BCR) of project D is 1.5
Correct Answers are : 1
Explanation : Benefit cost ratio (BCR) : A ratio describing the
relationship between the cost and benefits of a proposed project. A
BCR less than 1 is unfavorable; the higher the BCR, the better.
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You are the project manager for the large Project. You are
identifying external dependencies for the activities with
management team. Identifying external dependencies are
done in ______?
1.Define Activities
2.Sequence Activities
3.Develop Schedule
4.Control Schedule
Correct Answers are : 2
Explanation : B is the correct answer. Identifying external
dependencies are done in Sequence Activities.
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You are the project manager of the MKTG Project. This project
will last for 1 year and it has many stakeholders. How often
should Identify Risks take place?
1.Once at the beginning of the project
2.Throughout the execution processes
3.Throughout the QA processes
4.Throughout the project
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You are the project manager for the large Project. You have
identified and documented relationship among the project
activities and created project schedule network diagram.
What is your NEXT step ?
1.Define Activities
2.Sequence Activities
3.Develop Schedule
4.Control Schedule
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You are the project manager and have been assigned a new
project. You have a good relation with the sponsor and senior
management. Your senior management and sponsor forcing
you to start the project imediately. What is your response ?
1.Start project imediately because your senior management is
asking the same.
2.Require a project charter be written and signed off on by all
stakeholders before proceeding.
3.Suggest that a scope statement be written.
4.Suggest that a project plan should be written.
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You are the project manager for the large Project. You are
identifying and documenting relationship among the project
activities. This process is called ______?
1.Define Activities
2.Sequence Activities
3.Develop Schedule
4.Control Schedule
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You are the project manager for the Project. You are updating
the WBS during Define Activities, are often called ________?
1.Refinements
2.Updates
3.Activities
4.Supporting detail
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Question - 105
A project team with members located in the India, the US, and
the UK would be called a ___________. They don't spent time
meeting face to face.
1.Virtual team
2.Scattered team
3.Universal team
4.None of the above
Correct Answers are : 1
Explanation : A is the correct answer. Virtual Teams: Virtual teams
can be defined as groups of people with a shared goal, who fulfill
their roles with little or no time spent meeting face to face.
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A project has three critical path. How this affects the project ?
1.It increased project risk.
2.It need more resources.
3.It need more time.
4.It costs more.
Correct Answers are : 1
Explanation : A is the correct answer. It increased project risk.
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The ___________ shows departments or units of the
organization and is not organized the deliverables.
1.OBS
2.WBS
3.RBS
4.Scope statement
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You are the project manager of a new project and you have
collected the necessary input information and delivered the
project charter to the stakeholders. What should you do next?
1.Get the project charter signed.
2.Start the initial project planning process.
3.Develop the project scope statement.
4.Start to create project plan
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As a project manager it is important to collect project records
at the end of the project. What is the use of "collect project
records"?
1.Recall what happened on the project, good or bad.
2.Recall decisions made on the project.
3.To see cost decisions.
4.To support the risks on the project.
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You are a project manager of a project. How you determine
whether it is better to make a product or buy a product?
1.Decision Tree Analysis
2.ROI Analysis
3.Ishikawa Diagram
4.None of the above
Question - 162
You are a project manager and you are working for a large
project with more than hundreds of stakeholders.Which of the
following is the BEST course of action you are going to take ?
1.Consider needs of all stakeholders.
2.Consider needs of important stakeholders.
3.Eliminate some of them.
4.Ask your manager to manage the stakeholders.
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Your company has been hired to configure software in 500
computers. All computers need equal time to configure. The
contract for the project is set at a fixed cost, and the incentive
based on how fast the project work is going to be completed.
Management has requested that you study the work method
to determine a faster, less costly, and a better method to
complete the project. This scenario is an example of
_________.
1.Time Constraint
2.Schedule Constraint
3.Value Analysis
4.Learning Curve
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You are the project manager and you meet with your project
team to ensure the project is completed with no deviations
from the project requirements.This is part of?
1.Quality Control
2.Quality assurance
3.Plan Quality
4.All of the above
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If you are the project manager for a project. The customer has
requested that you factor after-project costs, such as
maintenance and service. This is an example of which one of
the following?
1.Life Cycle costs
2.Scope Creep
3.Project Spin off
4.Operations
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