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All computers need equal time to configure. You calculate the time to configure each computer as 5 hours. The cost for labor is calculated at $500 each computer. Your Project Sponsor disagrees with your labor estimate. Why is so? 1.You haven't completed one computer yet, so you don't know how long the work will actually take. 2.You have not factored in all of the effort applied to the work. 3.You have not considered the law of diminishing returns. 4.You have not considered the learning curve.
Question - 2 Which of the following statement is true about Work Breakdown Structure (WBS)? 1.It identifies the project elements that require resources. 2.It is used to organize the cost estimates and to ensure that the cost of all identified work has been estimated. 3.It provides the relationship among all the components of the project and the project deliverables. 4.All of the above
Question - 3 Templates and forms which are available in the organization and are part of organization's ________ project plan development. 1.Assumptions 2.Constraints 3.Software 4.Methodology
Question - 4 You are a project manager of a project. Customer has requested a change which will increase the project risk. What is your NEXT step? 1.Analyze the impact of the change. 2.Report to Senior Management. 3.Report to Sponsor. 4.Change the Risk Management Plan.
Question - 5 Which of the following is part of the Perform Quality Assurance process? 1.Benchmarking 2.Cost of Quality 3.Design of experiments 4.Quality audits
Question - 6 You are a project manager and you are currently finalizing requirements with two stakeholders BUT both stakeholder have different views on requirements for the same project. How can you resolve the issue ? 1.look at why there is different view on requirements and discuss with both of them 2.look at why there is different view on requirements and finalize which looks good to you 3.ask your manager to deal with this 4.finalize requirement which looks good to you
Question - 7 You are managing a project. This project must satisfy industry standards in order to be accepted by the customer. You and your team have studied the requirements and have created a plan to implement the deliverables with the level of quality. This process is called ________. 1.Quality Control 2.Quality assurance 3.Plan Quality 4.All of the above
Question - 8 ____________ is the process of predicting future project performance based on the actual performance to date. 1.Variance Analysis 2.Issue Analysis 3.Pareto Analysis 4.Forecasting
Question - 9 The first way to solve a conflict between team members is: 1.Let them resolve it 2.Sponsor resolves it 3.Project Manager resolves it 4.Top Management resolves it
Question - 10 The RFP (Request for proposal) is done in the_______. 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 11 Your project has a budget of $240,000 and is expect to last for 1 year, with the work and budget spread evenly across all months. The project is now in the fourth month, the work is on schedule, but you have already spent $120,000 of the project budget. What is your COST Variance in this case? 1.-$40,000 2.$40,000 3.$240,000 4.$2300
Question - 12 Procurements audits is done in _______ . 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 13 An activity which is in critical path is delayed. What should you do ? 1.Compress the schedule 2.Scope cut 3.Inform customer about delay 4.Deliver uncompleted activity
Question - 14 Given the following estimates: Optimistic 3 days, Pessimistic 9 days, and most likely 6 days. What is the PERT weighted average? 1.6 2.4 3.6.3 4.6.1
Question - 15 Which plan describes when and how human resources will be brought onto, and taken off of, the project team? 1.Scope management plan 2.Risk management plan 3.Staffing Management Plan 4.All of the above
Question - 16 You are project manager of a software project. Your team member want to technical change to a activity which will add more time to that activity. What should you do ? 1.Check the activity is in critical path 2.Allow team member to change the activity 3.Report to senior management 4.Ignore change in activities.
Question - 17 As a project manager of a project , you have just completed Schedule network diagram. What should you do NEXT time management activity? 1.Estimate Activity Resources 2.Sequence Activities 3.Estimate Activity Durations 4.Develop Schedule
Question - 18 Your project activity float is negative 10. What is your course of action ? 1.add more resources 2.ask more time to complete the project 3.use less experienced team members 4.Ignore It.
Question - 19 Identifying the quality standards that are relevant to the project and determining how to meet them is called _________. 1.Quality Control 2.Quality Assurance 3.Plan Quality 4.All of the above
Question - 20 A data point in a control chart that requires investigation is called: 1.a special cause 2.a quality fault 3.a rule of seven 4.a rule of five
Question - 21 Which one of the following best describes the analogous estimating? 1.Less accurate 2.Reserve analysis 3.Bottom up estimating 4.Three-points estimates
Question - 22 __________includes all activities designed to enhance the skills, knowledge, and capabilities of the project team. 1.Training 2.Ground Rule 3.Reward and Recognition System 4.Recognition System
Question - 23 Some risks that are output of ________ will be the candidates for further study. 1.Perform qualitative risk analysis 2.Perform quantitative risk analysis 3.Plan Risk Management 4.Identify Risks
Question - 24 Which of the following is NOT the input of Direct and Manage Project Execution process? 1.Project Management Plan 2.Approved Change Requests 3.Enterprise Environmental Factors 4.Project Charter
Question - 25 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
Question - 26 Changing the project plan to eliminate the risk and protect the project objectives is called ____________. 1.Avoidance 2.Transference 3.Mitigation 4.Share
Question - 27 Make-or-Buy Analysis is done in the_______. 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 28 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
Question - 29 You have an urgent requirement on your project and you hire a vendor to start the work immediately. What contract is needed now? 1.Letter contract 2.Fixed fee 3.Incentive contract 4.Fixed Budget
Question - 30 Work Performance Information is output of________. 1.Define Scope 2.Perform Integrated Change Control 3.Direct and Manage Project Execution 4.Monitor and Control Project Work
Question - 31 _________are similar to control chart without displayed limits. 1.Run charts 2.Pareto charts 3.Ishikawa diagrams 4.Histograms
Question - 32 SWOT analysis is done in _________. 1.Perform Qualitative Risk Analysis 2.Identify Risks 3.Plan Risk Responses 4.Plan Risk Management
Question - 33 Which of the following is NOT Tools and Techniques in Quantitative Risk Analysis? 1.Expected Monetary Value Analysis 2.Decision Tree Analysis 3.Sensitivity Analysis 4.Influence Diagram
Question - 34 Which estimating technique is most accurate? 1.Bottom-up estimating 2.Analogous estimating 3.Parametric modeling 4.None of the above
Question - 35 Performance appraisal, recruitment, retention, regulatory issues, and labor relations are generally used in the________ area. 1.General management 2.Administrative 3.Project Management 4.Accounting
Question - 36 Probabilistic Analysis of a project, probability of achieving cost and time objectives and trends in Quantitative Risk Analysis results are done during _______. 1.Perform Qualitative Risk Analysis 2.Perform Quantitative Risk Analysis 3.Plan Risk Management 4.Identify Risks
Question - 37 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
Question - 38 You are newly appointed as a project manager of an ongoing project. You want to see the role, authority, responsibility and competencies of all the resources working in the project. Which of the following document lists all the above information? 1.Scope statement 2.Project Charter 3.Human Resource Plan 4.WBS
Question - 39 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
Question - 40 Cost benefit analysis is done in the ___________process: 1.Plan Quality 2.Perform Quality Assurance 3.Perform Quality Control 4.All of the above
Question - 41 Which of the following are output of the Collect Requirements Process? 1.Requirements Documentation 2.Requirements Management Plan 3.Requirements Tractability Matrix 4.All of the above
Question - 42 In which of the quality management process, cause and effect diagram is used to illustrate how various factors might be linked to potential problems or effects? 1.Plan Quality 2.Perform Quality Assurance 3.Perform Quality Control 4.Quality
Question - 43 You are a project manager of a large project and you are identifying some alternative techniques to generate different approaches to execute and perform the work of a project. You are doing it as a part of: 1.Collect Requirements 2.Control Scope 3.Verify Scope 4.Define Scope
Question - 44 At what part of the Procurement Management process does procurement negotiations happen? 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 45 Which type of contract has the highest risk for the seller? 1.Reimbursed time 2.Time and materials 3.Fixed price 4.Reimbursed cost
Question - 46 Which of the following is NOT part of the Perform Quality Control process? 1.fishbone diagram 2.Quality audits 3.Pareto Diagram 4.Histogram
Question - 47 Who should be consulted when establishing communication requirements in addition to stakeholders? 1.The customer 2.The project manager 3.The sponsor 4.Management
Question - 48 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.
Question - 49 Which of the following communication method is widely used to explain complex problems? 1.Written 2.Verbal 3.Formal 4.Non formal
Question - 50 You are the project manager and you have to choose the best project from available choices. Which of the following 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
Question - 51 You are project manager and need as many as inputs is possible in the initiation phase. Which of the following is the best source of information for your project? 1.Historical Information 2.WBS 3.Business Plans 4.Project Closure Document
Question - 52 In which of the following contract types the seller's profit is limited? 1.Cost-plus-percentage-cost contract 2.Cost-plus-fixed-fee contract 3.Firm Fixed price contract 4.Fixed-price-incentive fee contract
Question - 53 You have elected to use parametric modeling in your Estimate Costs for the project. Which one of the following is an example of parametric modeling? 1.$120 per kg 2.Historical information from a similar project 3.Estimates built from bottom-up based on the WBS 4.Estimates based on top-down budgeting
Question - 54 When the performing organization lacks in-house staff to complete a project, the required services can be acquired from outside. This is called ________. 1.Virtual Teams 2.Acquisition 3.Pre-Assignment 4.All of the above
Question - 55 A project manager determines the number and types of tests and their impact on cost of quality. This task belongs to ___ process. 1.Plan Quality 2.Perform Quality Control 3.Perform Quality Assurance 4.Identify risk
Question - 56 Control chart helps: 1.determine if the process is "in control" 2.how various elements of a system are interrelated 3.show trends in a process over time 4.shows the pattern of a relationship between two variables
Question - 57 You are a project manager for a project. While reviewing the cost estimates for the project, you notice that one of the cost estimates for an element in the WBS is 20% higher than the previous project for a very similar work. What should you do next? 1.Accept the estimate. 2.Ask the person responsible about the difference. 3.Ignore it. 4.Reduce the estimate.
Question - 58 Which of the following is a common problem in administrative closure? 1.Completing a project charter 2.Retaining resources to complete the project 3.Completing a project plan 4.Completing a QA plan
Question - 59 A unilateral contract under which the seller is paid a preset amount per unit of service is called __________ 1.A cost reimbursable contract 2.A lump sum contract 3.A time and material contract 4.A fixed price contract
Question - 60 Your project has a budget of $10,000 and is expect to last for 1 year, with the work and budget spread evenly across all months. Right now CPI is 0.8. What is Variance at Completion in this case? 1.-$2,500 2.$10,000 3.$12,500 4.$12,000
Question - 61 You are the project manager of a project which is scheduled to last for 18 months. You have elected to rent a piece of equipment for the duration of a project, even though you will need the equipment only for 6 months. The costs of the equipment rental per month are $120. This is an example of ___________. 1.Fixed Costs 2.Parametric Costs 3.Variable Costs 4.Parametric Budget
Question - 62 Three estimates are : Pessimistic (P) : 30 Most Likely (M) : 25 Optimistic (O) : 14 What is activity duration (PERT) ? 1.24 2.20 3.18 4.32
Question - 63 If you are the project manager of a project and you changed the scope of a project by dropping some parts, you have ______________ the project. 1.Rewritten 2.Truncated 3.De scoped 4.Deleted
Question - 65 ___________ is the process of performing the work defined in the project management plan to achieve the project's objectives. 1.Define Scope 2.Perform Integrated Change Control 3.Direct and Manage Project Execution 4.Monitor and Control Project Work
Question - 66 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
Question - 67 You are the project manager and decided to outsource a part of the project to a vendor. You have offered a bonus to the vendor if the work is completed in two months. This is an example of _____________. 1.project incentive 2.project goal 3.fixed price contract 4.fixed budget
Question - 68 Development activities of a software projects is depends on the third party vendor, who provides hardware for this activity. Is called ______. 1.external dependencies 2.internal dependencies 3.Discretionary dependencies 4.All of the above
Question - 69 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
Question - 70 Overtime associated with the execution effort of a project is estimated at 120 hours with probability 0.5, 250 hours with probability 0.6, and 300 hours with probability 0.3. What is the monetary value of the amount of overtime? 1.300 hours 2.670 hours 3.250 hours 4.100 hours
Question - 71 If you are the project manager of a project and you break down the WBS into smaller _______ to get detail so that you can construct a schedule. 1.Work packages 2.Section 3.Issues 4.Time
Question - 72 Which of the following tools are used in the quality plan? 1.Quality Checklists 2.Quality audits 3.Histogram 4.Process Analysis
Question - 73 You are a project manager of a construction company. You want to know with whom you will be communicating during the project. Which of the below document you should refer to? 1.Project Plan 2.Scope Statement 3.Statement of Work 4.Project Charter
Question - 74 You are the project manager for a project to create a new product for the marketing industry. You recently came to know that a competitor is also working on a similar project with an additional web-based tool, which your project does not offer. You initiate a change request to update your project. This is an example of: 1.A change due to an external event 2.A change due to an error and omission in the initiation phase 3.A change due to an error or omission in the planning phase 4.A change due to a legal issue
Question - 75 A project team member, on his own initiative, added a new tool which was not part of the project plan. However, the team member decided that the tool was necessary to increase productivity. The project team's experts were in agreement with the decision. This is an example of _________? 1.Ineffective change control 2.Control Costs 3.Self led teams 4.Value added change
Question - 76 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
Question - 77 You are a project manager and the project is to install ACs into hotel rooms. You did project cost and time estimates and informed the customer that the project estimates will be accurate if the requirements such as wooden coating are met. This is an example of which of the following? 1.Risk 2.Assumption 3.Constraint 4.Budget analysis
Question - 78 Change Request is an input of _________. 1.Define Scope 2.Perform Integrated Change Control 3.Direct and Manage Project Execution 4.Monitor and Control Project Work
Question - 79 If the project is terminated early, then the level and extent of completion should be documented. This is done as a part of: 1.Collect Requirements 2.Control Scope 3.Verify Scope 4.Define Scope
Question - 80 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 immediately. What is your response ? 1.Start project immediately 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.
Question - 81 Estimating the number of work periods likely to be needed to complete each activity is called : 1.Estimate Activity Resources 2.Sequence Activities 3.Estimate Activity Durations 4.Define Activities
Question - 82 Which of the following is NOT Tools and Techniques in Monitor and Control Risks? 1.Risk Audits 2.Reserve Analysis 3.Sensitivity Analysis 4.Risk Reassessment
Question - 83 Starting a new task before finish the old one is an example of a __________ dependency. 1.Start-to-finish 2.Finish-to-start 3.Start-to-start 4.Finish-to-Finish
Question - 84 This project was originally scheduled for completion in 1 year but 2 years have already passed and even now the project is in execution phase. Which statement is TRUE about the project? 1.It is a temporary project 2.The requirements were added later, hence the delay 3.A key resource has left the organization, hence the delay 4.The company has a limited development license environment, hence the delay
Question - 85 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
Question - 86 You are a project manager and now you are comparing proposals received from sellers. Comparing proposals received from sellers is done in _______ . 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 87 During the project execution phase, one of the team member asked about his or her work. Which of the following document you will ask the person to refer? 1.Work Breakdown Structure (WBS) dictionary 2.Scope Statement 3.Activity List 4.Project Charter
Question - 88 Who is primarily responsible for creating design and test specifications? 1.Quality Control 2.Engineering 3.Support 4.Management
Question - 89 Project Management Plan is an input to all of the following processes EXCEPT_________. 1.Direct and Manage Project Execution process 2.Perform Integrated Change Control 3.Close Project or Phase 4.Develop Project Charter
Question - 90 The market conditions are a part of the________. 1.Enterprise environmental factors 2.Project management concerns 3.Organizational process assets 4.Project Charter
Question - 91 You are a project manager of a project. Till today you have actually completed $34,000 of work, but based on the cost plan it should be $50,000. What is percentage Schedule Variance (SV) in this case? 1.-32% 2.-16% 3.32% 4.10%
Question - 92 Which is the least risky phase of a project? 1.Planning 2.Closing 3.Execution 4.Control
Question - 93 Which of the following project management process gets MOST of a project's budget expended? 1.Project Executing 2.Project Planning 3.Project Closing 4.Project Monitoring
Question - 94 In which of the following situation network diagram is better than bar chart ? 1.to show inter dependencies between activities 2.analysis of schedule progress 3.analysis of WBS 4.analysis of project plan
Question - 95 You are a project manager of a company. You have been assigned as the project manager in the middle of the project. The customer is not happy with the performance of the project. What is the FIRST thing you should do? 1.Talk to customer about the concerns. 2.Try to achieve the performance. 3.Ignore the customer. 4.Leave the project and ask your manager to assign another project.
Question - 96 The purpose of a contract is to distribute a reasonable amount of ____________between the buyer and seller. 1.Risk 2.Responsibility 3.Reward 4.Quality
Question - 97 If there are two people in the communication system, then how many communication channels will there be? 1.1 2.5 3.8 4.4
Question - 98 A project manager has created a document and wants some of the team member should have read access and some of them should have write access also. The project manager should create __________. 1.Configuration Management System 2.Project Management Information System 3.Project Management System 4.Control Management System
Question - 99 Teamwork is a critical factor for project success. Who is responsible to create an environment that facilitates teamwork? 1.Team lead 2.Team members 3.Project Manager 4.Sponsor
Question - 100 In the quality management process, which of the following is not an attribute of the cost of non-conformance? 1.Rework 2.Safety measures 3.Downtime 4.Uptime
Question - 101 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
Question - 102 You are the project manager of a marketing project. You want a vendor to offer you one price to do all the detailed work. Which type of document are you looking for? 1.IFB 2.Proposal 3.RFI 4.RFP
Question - 103 Which of the following document justify the project - whether the project is worth or not? 1.Business Case 2.Project Charter 3.Project Management plan 4.Scope statement
Question - 104 If project manager can approve the changes, this is still part of the ___________. 1.Project Plan 2.Change Control System 3.Charter 4.Scope Statement
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
Question - 106 You are a project manager of MKTG project. The customers of the project have requested additions to the project scope. You have to do additional risk planning and need to add it to the project schedule. Why is so? 1.Risk planning should always occur whenever the scope is adjusted. 2.Risk planning should only occur at the project manager's discretion. 3.Risk planning does not need to happen at every change in the project. 4.All of the above
Question - 107 You are a project manager of a company and your project is currently in execution phase. The customer has requested you for additional work. This work will affect the budget, but not the schedule of the project. What should you do next? 1.Add the additional requirements to the project plan. 2.Ignore the request. 3.Explain the change procedure and ask to submit a request for change. 4.Discuss with the project team about the change.
Question - 108 Comparing target dates with the actual or forecast start and finish dates is called : 1.Variance Analysis 2.Earned Value 3.Progress Reporting 4.Crashing
Question - 109 You are the project manager and are considering recommending a project that costs $210,000; expected inflows are $5,000 per month for the first three years and then $6,000 per month thereafter. What is the payback period? 1.41 months 2.36 months 3.45 months 4.21 months
Question - 110 A risk is ____________ occurrence that has a positive or a negative effect on a project . 1.Known 2.Uncertain 3.Known 4.Potential
Question - 111 The OBS (Organization Breakdown Structure), WBS, and RBS (Resource Breakdown Structure) are all examples of ________. 1.Control charts 2.Hierarchical charts 3.Project standard 4.Run chart
Question - 112 Project Performance Appraisal is part of the: 1.Acquire Project Team 2.Develop Project Team 3.Develop Human Resource Plan 4.Manage Project Team
Question - 113 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.
Question - 114 What is the purpose of a status meeting? 1.Exchange information about the project. 2.Get the status from each team member 3.Review of the activities 4.Create status report
Question - 115 Your company policy allow to gift exchange with customer within certain limit. By mistake, you have given a gift to the customer's representative already which is beyond the limit mentioned in your company policy. What should you do? 1.Forget it and don't tell anyone. 2.Contact your company's senior management and ask for assistance. 3.Ask your customer to return the gift. 4.Ask your customer to give you a gift which has the same cost
Question - 116 You are a project manager of a project and want to report the actual project result and the planned status. You should use? 1.Forecasting report 2.Trend reports 3.Status report 4.Variance report
Question - 117 Which of the following is NOT the activity in Define Activities ? 1.Decomposition 2.An activity list from a previous project 3.Progressive elaboration planning 4.Create project charter
Question - 118 Make-or-buy decisions measure the cost of both options. What are these two options? 1.Direct, Indirect 2.Tactical, Strategic 3.Management, Project 4.Direct,Management
Question - 119 An organization's quality policy should come from the_________. 1.Project manager 2.Top management 3.Customers 4.All of the above
Question - 120 You are project manager of a software project. You have just analyzed activity sequences, durations, resource requirements , schedule constraints and created project schedule. The above task belongs to which process? 1.Define Activities 2.Sequence Activities 3.Develop Schedule 4.Control Schedule
Question - 121 All of the following are inputs of Perform Qualitative Risk Analysis EXCEPT ________. 1.Risk Register 2.Project Scope Statement 3.Risk Management Plan 4.Stakeholder Register
Question - 122 You were the project manager of X company for a long time, and had done lots of project management practices. Recently, you have joined another company Y and assigned to a project. You should _________. 1.Use the forms of company Y 2.Use the forms of company X and instruct about the good project management practices 3.Talk to change control board 4.Use the forms of company Y and instruct about the good project management practices
Question - 123 If a project has an 80% chance of activity will take 2 weeks or less. what is the probability of the event? 1.75% 2.65% 3.50% 4.20%
Question - 124 Risk Probability and Impact Assessment, and Risk Categorization are done during ________. 1.Perform Qualitative Risk Analysis 2.Perform Quantitative Risk Analysis 3.Plan Risk Management 4.Identify Risks
Question - 125 The ___________ shows departments or units of the organization and is not organized the deliverables. 1.OBS 2.WBS 3.RBS 4.Scope statement
Question - 126 The buyer and seller are bound by a________. 1.Contract 2.Responsibilities 3.WBS 4.Identification
Question - 127 The Scope Statement does not provide___________? 1.Project Justification 2.Project Product 3.Project Manager Authority 4.Project Objective
Question - 128 You are a project manager of a company and you have been assigned to a project. You are now comparing actual project performance against project management plan. This belongs to which process? 1.Define Scope 2.Perform Integrated Change Control 3.Direct and Manage Project Execution 4.Monitor and Control Project Work
Question - 129 As a project manager of a project , you have just completed Schedule network diagram. Which of the following time management activity you have completed? 1.Estimate Activity Resources 2.Sequence Activities 3.Estimate Activity Durations 4.Develop Schedule
Question - 130 Comparing your project with actual or planned project practices to generate ideas for improvement is called: 1.Benchmarking 2.Benefit/Cost analysis 3.Quality audits 4.Process Analysis
Question - 131 You are a project manager of a pharmaceutical company. A new pharmaceutical regulation is passed that changes your project scope. For the project to be in accordance with the new regulation, what should be your next action? 1.Present the change to the Change Control Board (CCB) 2.Notify Management 3.Prepare a new baseline to reflect the changes 4.No need to do anything
Question - 132 A project manager has created a document and wants to track the changes made in the document. The project manager should create _______. 1.Configuration Management System 2.Project Management Information System 3.Project Management System 4.Control Management System
Question - 133 Your project has a budget of $10,000 and is expect to last for 1 year, with the work and budget spread evenly across all months. Right now CPI is 0.8. What is Estimate at Completion (EAC) in this case? 1.$12,500 2.$10,000 3.2.5 4.3.0
Question - 134 You are a project manager of a Project. Which of the following techniques will you use to create the Risk Management Plan? 1.Planning Meetings 2.Status Meetings 3.Variance Meetings 4.Risk Tolerance
Question - 135 The Pareto chart helps: 1.Focus on critical issues to improve quality. 2.Determine how various factors are linked to potential problems 3.Determine whether or not process is stable and within set limits. 4.Focus on root cause analysis
Question - 136 You are a project manager of a company. You are taking over a project during the planning process, and you discovered that many individuals have signed the project charter. Which of the following should be areas of concern for you? 1.Who will be a member of the change control board? 2.Who are the stakeholders for the project? 3.Need to spend more time on configuration management. 4.Determining the reporting structure.
Question - 137 If a customer requests for additional work that is not in the contract, then what type of communication the customer should use? 1.Formal Written 2.Verbal 3.Informal Verbal 4.Noise
Question - 138 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
Question - 139 3 sigma is equal to ______ percentage of fall between two control limits. 1.99.99% 2.99.73% 3.95.46% 4.68.26%
Question - 140 The project quality policy should be written by ________. 1.Project team 2.Customer 3.Management 4.Accounting
Question - 141 All of the following are examples of Acquire Project Team EXCEPT: 1.Negotiations 2.Acquisition 3.Pre-assignments 4.Training
Question - 142 Which of the following chart shows position and relationships in top-down format? 1.Hierarchical-type chart 2.Matrix-based charts 3.Text-Oriented format 4.All of the above
Question - 143 Which of the following document can be used to guide all the work in both project executing and project monitoring and controlling phase of a project? 1.Project Management Plan 2.Project Risk Plan 3.Project QA Plan 4.Project Charter
Question - 144 Which of the following is NOT an example of Cost of Conformance? 1.Rework 2.Testing 3.Equipment 4.Training
Question - 145 Budget forecasts are inputs of ___________. 1.Identify Stakeholders 2.Plan communications 3.Manage stakeholder expectations 4.Reports performance
Question - 146 You are a project manager of a construction company. You want to manage the variance between what was planned and what actually occurred. Which of the following methodology you should use? 1.Earned Value Management (EVM) 2.Earned Value (EV) 3.Planned Value 4.Accounting
Question - 147 You are a project manager of a company and you are assigned to a project that has already been decided to out source. As a project manager, you need to organize a formal bid process and select the vendor for this project. Your senior management is forcing you to select a vendor which has good relation with your senior management. What is the BEST course of action for you? 1.Follow the formal bid process, and show the senior management about why the favored vendor is or is not the best choice. 2.Report to legal department of your company. 3.Report to your Manager about this. 4.Get a written permission from your senior management to bypass the formal bid process.
Question - 148 What is the purpose of fishbone diagram? 1.To illustrate how various factors might be linked to potential problems or effects 2.Are used to determine if the process are in control 3.Show trends in a process over time 4.Shows the pattern of relationship between two variables
Question - 149 Which of the following tool help you determine the most common cause of problems in a process by number ? 1.Status Reports 2.Pareto Charts 3.Ishikawa Diagrams 4.Histogram
Question - 150 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.
Question - 151 You are the project manager of a large project. Your project sponsor and management want portions of the project to be outsourced and you have been given the responsibility to outsource. The project sponsor and management have approved you to outsource portions of the project. Who must ensure that all of the project work is authorized, contracted properly, and funded? 1.Project sponsor 2.Management 3.Vendor 4.Project Manager
Question - 152 You area project manager of a project and have done risk response plan. What should you do NEXT? 1.Update Project Management Plan 2.Update Risk Identification Check list 3.Root causes of risks 4.Corrective action
Question - 153 Performance Report is input of the: 1.Acquire Project Team 2.Develop Project Team 3.Develop Human Resource Plan 4.Manage Project Team
Question - 154 You are a project manager of a company and you have been assigned to take over managing a project that should have been 60 percent complete according to the schedule. After evaluation, you discover that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take? 1.Add new resource to the project and complete the project on schedule. 2.Show your evaluation to sponsor. 3.Ask your senior manager to deal with this. 4.Turn the project back to the previous project manager.
Question - 155 The Create Procurement document is done in the_______. 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 156 The ___________ is used to document changes that occur during a project? 1.Issue Log 2.Change Log 3.Project Management Plan 4.Scope statement
Question - 157 Finding out all people or organizations impacted by the project is called_________. 1.Identify Stakeholders 2.Plan communications 3.Manage stakeholder expectations 4.Reports performance
Question - 158 You are the project manager of a company and currently doing strategic planning with senior management. What is the best reason for doing strategic planning? 1.To determine which projects will be sponsored in order to achieve the organizational goals 2.To determine the project resources 3.To determine the project deliverables 4.To determine the functional activities
Question - 159 You are the project manager of a Project. Your project will cost your organization $50,000 to complete over the next 3 months. Once the project is completed, the deliverables will let the company earn $5000 per month. What is the time to recover the costs of the project? 1.10 Months 2.1 Year 3.2 Years 4.3 Years
Question - 160 The line in the middle of a control chart is called: 1.mean 2.rule of seven 3.rule of five 4.specification limit
Question - 161 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.
Question - 163 You are working in an organization where all the employees are divided into groups by specialty such as sales, support and engineering. In which type of organization you are working in ? 1.Functional 2.Strong matrix 3.Weak matrix 4.Tight Matrix
Question - 164 Which of the following is a part of the Project Scope Management? 1.Verify Scope 2.Collect Requirements 3.Control Scope 4.All of the above
Question - 165 ___________ is a group of process required to purchase or acquire products, services, or results needed from outside the project team to perform the work. 1.Procurement Management 2.Planning Management 3.Scope Management 4.Control Management
Question - 166 You have just started a project. The project team member reported that 20 percent of the project is done. You agree with their completion status, but do not change any of the progress in your report to the customer. This is an example of which one of the following? 1.0/100 Rule 2.50/50 Rule 3.Percent Complete Rule 4.20/20 rule
Question - 167 During the project execution phase, a risk is found which was not included in the Risk Register. What should you do? 1.Ask senior management to deal with this. 2.Keep with yourself. 3.Find workaround. 4.Re-evaluate Risk Management process.
Question - 168 You are the project manager of a global project having team members in the US and India. The client has a budget not exceeding $12 million. Due to global concerns, the final budget must be in the U.S. dollars. This is an example of which of the following? 1.Internationalization 2.Budget constraint 3.Management constraint 4.Technical constraint
Question - 169 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
Question - 170 A Heuristics is best described as : 1.thumb rule. 2.activity diagram. 3.workaround. 4.control tool.
Question - 171 Project X has a payback period of 26 months. Project Y has a cost of $500,000, with expected cash inflows of $200,000 the first year and $50,000 per quarter after that. Which project should you recommend? 1.Project X because of lower payback period. 2.Project Y because of higher payback period. 3.Project Y because of payback period 25. 4.Project Y because of payback period 30.
Question - 172 Project X will take 3 years to complete and has NPV value $70,000 and Project Y will take 5 years to complete and has NPV value $60,000. What is the opportunity cost of selecting Project X ? 1.$35,000 2.$60,000 3.$30,000 4.$130,000
Question - 173 During the planning phase of a project, your team members find another way to complete a portion of the project. This method is safer for the project team but the cost may go up. This is an example of _____? 1.Alternative Identification 2.Risk Assessment 3.Alternative Selection 4.Product Analysis
Question - 174 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
Question - 175 Disciplinary actions should be taken based on the___________ policy. 1.Government 2.Organizational 3.Project team 4.Sponsor
Question - 176 If you want to print more than 25000 workbooks, printing of workbooks may be go up to 50000 workbooks . For every 5000 workbooks created, the cost is reduced a percentage of the original printing cost. The workbook expense is an example of which one of the following? 1.Fixed Costs 2.Parametric Costs 3.Variable Costs 4.Parametric Budget
Question - 177 ______ is an after the fact look at caused a difference between the baseline and actual performance . 1.Variance Analysis 2.Issue Analysis 3.Simulation 4.Forecasting
Question - 178 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
Question - 179 Which of the following is an example of the Perform Quality Assurance process? 1.Pareto chart 2.Quality Audits 3.Inspection 4.Cost of quality
Question - 180 You are project manager of a project. In the user testing phase the primary customer of a project has requested a change. What will be your NEXT action? 1.Create a formal change request 2.Ignore it 3.Create a risk plan and show it to the customer 4.Inform the project sponsor about the changes to scope
Question - 181 Why should quality be planned and not inspected every time? 1.To improve quality with less cost 2.To improve quality with more cost 3.To reduce quality with less cost 4.To reduce quality with more cost
Question - 182 Leading, communicating, negotiating and problem solving are examples of the _________ management skills. 1.Project 2.Senior 3.General 4.HR
Question - 183 Make payment to seller is done in _______ . 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 184 Phone call and Video Conferencing are examples of _______________. 1.Interactive Communications 2.Pull Communication 3.Push Communication 4.Noise
Question - 185 The formal management actions that promote or reinforce desired behavior is called _________. 1.Training 2.Ground Rules 3.Reward and Recognition System 4.All of the above
Question - 186 The 2 years project has 200 work packages and a $20,000 budget. After one year, 100 work packages are completed and $10,000 has been spent. Which of the following is TRUE? 1.The project need 50 work package to be completed in 6 months. 2.Not enough information available. 3.The project need 50 work package to be completed in 3 months. 4.The project is on schedule and on budget.
Question - 187 Having a project team in a single location where they can work in a face-toface environment is called _______. 1.Collocation 2.Location construction 3.Team structure 4.All of the above
Question - 188 Which of the following statement is TRUE about Expected Monetary Value (EMV)? 1.Risks have the most potential impact on the project. 2.A statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen. 3.Describes a situation under consideration, and the implications of each of the available choices and possible scenarios. 4.Quantify the probability and impact of risks on project objectives.
Question - 189 Which hierarchical chart shows resources? 1.RBS 2.OBS 3.WBS 4.Scope statement
Question - 190 As a project manager you are creating a table that map requirements to their origin and traces them throughout the project life cycle. You are doing it as a part of: 1.Collect Requirements 2.Control Scope 3.Verify Scope 4.Define Scope
Question - 191 Complete final contract performance reporting and verify product is done in _______. 1.Plan Procurements 2.Conduct Procurements 3.Administer Procurements 4.Close Procurements
Question - 192 The Work Breakdown Structure is an example of a _________. 1.Hierarchical chart 2.Control charts 3.Pie chart 4.Run chart
Question - 193 All of the following are examples of Develop Project Team EXCEPT: 1.Negotiations 2.Reorganization and rewards 3.Team building activities 4.Training
Question - 194 Your project has a budget of $240,000 and is expect to last for 1 year, with the work and budget spread evenly across all months. The project is now in the fourth month, the work is on schedule, but you have spent $120,000 of the project budget. What is your COST Variance percentage in this case? 1.-50% 2.50% 3.40% 4.20%
Question - 195 You have a piece of equipment that was purchased for your project recently for $5,000 and is expected to last 5 years in production. At the end of the five years, the expected worth of the equipment is $2,000. Using the straight-line deprecation, what is the amount that can be written off each year? 1.$600 2.$1200 3.$3000 4.$2000
Question - 196 A process with lack of consistency and predictability is called: 1.in control 2.out of control 3.bad quality 4.quality noised
Question - 197 Some of your team members want to work on a flexible schedule and others want all team members should reach on fixed time. What should you do? 1.Allow them for flexible time schedules. 2.Allow them for fixed time schedules. 3.Arrange a meeting and allow them to decide. 4.Ask your senior management to decide.
Question - 198 80% of problems due to 20% of causes, related to: 1.Status Reports 2.Pareto Charts 3.Ishikawa Diagrams 4.Histogram
Question - 199 The purpose of a quality audit is: 1.To identify inefficient and ineffective policies 2.To identify project quality for customer 3.Study organizational behavior 4.Prepare a report for the quality team
Question - 200 All of the following are inputs of Perform Quantitative Risk Analysis EXCEPT ______________. 1.Cost Management Plan 2.Risk Register 3.Risk Management Plan 4.Stakeholder Register