Chapter 11. PMP Practice Exam 2

11. PMP Practice Exam 2

1.

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
	E.	Announces who the project engineer is

2.

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

3.

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

4.

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 initiatives.
	E.	None of the above.

5.

The project management plan:

	A.	Are 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 used after a project is initiated

6.

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

7.

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

For questions 8 10, use the following network diagram:

8.

What would be the early start for activity H?

	A.	11
	B.	10
	C.	4

9.

What is the critical path?

	A.	Start A D G Finish
	B.	Start B F Finish
	C.	Start C E H Finish

10.

Which project schedule represents the tasks outlined in the network diagram?

	A.
	B.
	C.

11.

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

12.

Which one of the following four cost budgeting tools uses current and historical project information to calculate project cost estimates?

	A.	Cost cancellation techniques
	B.	Reserves analysis
	C.	Parametric estimating
	D.	Funding limit reconciliation

13.

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

14.

The process group in which detailed resource assignments and responsibilities are formalized is called the:

	A.	Project management plan
	B.	Quality assurance plan
	C.	Project charter
	D.	Human resources management plan

15.

How many communication channels will be required in a project in which 30 individual are participating?

	A.	150
	B.	270
	C.	444
	D.	435

16.

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

17.

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

18.

Which one of these is not a typical way to deal with negative threats?

	A.	Avoid
	B.	Transfer
	C.	Mitigate
	D.	Share

19.

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

20.

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

21.

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

22.

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)

23.

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

24.

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
	E.	none of the above

25.

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

26.

How much time should a project manager spend in communication activities?

	A.	10% 25%
	B.	36% 50%
	C.	51% 69%
	D.	70% 90%

27.

Which of the following is not a basic element for successful communication?

	A.	Sender
	B.	Message
	C.	Analog line
	D.	Receiver

28.

What is the name of the process that uses the procurement documents and the selection criteria as primary inputs?

	A.	Procurement plan
	B.	Request seller responses
	C.	Contract management
	D.	Sales advisory plan

29.

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
	E.	Issued by executive management

30.

Ishikawa diagrams, see the figure below, are used for:

	A.	The cost management plan during the project execution
	B.	Brainstorming
	C.	Finding the cause and effect in the project quality assurance process
	D.	All of the above
	E.	None of the above

31.

The Pareto chart, Ishikawa 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

For questions 32 38, use the following problem:

You are the new project manager tasked with taking over for a project manager who left 6 weeks ago. Some of the numbers that you find in your initial research are as follows:

Estimated project cost: $675,000

Project timeline: 24 weeks

This is week 16 and accumulated costs are $300,000. Additionally, only 25% of the work has been completed.

32.

What is the budget at completion?

	A.	$300,000
	B.	$168,750
	C.	$675,000
	D.	There is not enough information.

33.

What is the planned value?

	A.	$300,000
	B.	$168,750
	C.	$389,423
	D.	$452,250
	E.	There is not enough information.

34.

What is the earned value?

	A.	$300,000
	B.	$168,750
	C.	$389,453
	D.	$483,103

35.

What is the cost variance?

	A.	$250,000
	B.	$483,103
	C.	$289,750
	D.	$131,250

36.

What is the schedule variance?

	A.	$157,351
	B.	$289,750
	C.	$283,500
	D.	There is not enough information.

37.

What will be the estimated at-completion cost?

	A.	$1,200,000
	B.	$675,000
	C.	$3,000,000
	D.	$1,050,000

38.

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 6 weeks to complete it.
	C.	The project is at budget risk.
	D.	None of the above.

39.

The project management triple constraint is composed of all these except:

	A.	Scope
	B.	Quality
	C.	Time
	D.	Cost

40.

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, physiological, safety, love, and self-actualization
	D.	Self-actualization, physiological, safety, love and esteem
	E.	Physiological, safety, love, esteem and self-actualization

41.

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

42.

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
	E.	None of the above

43.

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

44.

______ 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, contract closure
	D.	Management, contract closure

45.

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 the contract.
	B.	Ask the vendor for an additional trip for your boss.
	C.	Decline the offer and advise the vendor on the standard bidding process.
	D.	Seek legal counsel before accepting the trip.

46.

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 before giving her an answer.
	B.	Leave your current customer and start on the other project as soon as possible.
	C.	Discuss the matter with your client and ask for more money.
	D.	Try to squeeze in both projects without notifying anyone.

47.

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 project management books.
	B.	Decide that it is not worth the risk and ignore the call.
	C.	Start working with him after hours.
	D.	Talk to your supervisor and appraise her of the situation before initiating contact.

48.

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 management that you need to implement a PMO at corporate in order to have everyone local.
	C.	Learn about communication styles and local holidays and plan for process execution across time zones.
	D.	Use external consultants willing to work locally.

49.

You are in charge of a project that is going to miss the milestones that were set at the enterprise level by 2 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 schedule to make the deadline.
	D.	Do nothing.

50.

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