That Subset of The Project Known

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The PMBOK Guide identifies that subset of the project management body of knowledge generally known as
__________.
predictable practice.
fair practice.
good practice.
favorable practice.
Question #2 (1 point)
Which process groups takes the most time/ effort.

Initiating
Executing
Planning
Monitor and Controlling
Outputs for estimate activity resources include all except___________.

Resource breakdown structure
Project document updates
Activity resource requirements
Project schedule
The enterprise environmental factors that can influence the Develop Project Charter Process
include_______________
Governmental or industry standards, Organization infrastructure, and Stakeholders
Governmental or industry standards, Organization infrastructure, and Templates
Governmental or industry standards, Organization infrastructure, and consultants
Governmental or industry standards, Organization infrastructure, and Marketplace conditions.
Deming's cycle is used for continuous improvement of processes. The four-step management method in order is
___________________.
Plan-Do-Act-Check
Plan-Act-Check-Do
Plan-Do-Check-Act
Plan-Act-Do-Check
Budgeted cost of work performed=$1000, Actual cost of work performed=$2000. The cost variance is
_________________.
2
1000
-1000
What is true about fixed costs?

These costs are directly attributed to the work on the project.
They do not change as production changes.
It is the opportunity given up by selecting one project over another.
They change with the amount of production or the amount of work.
Using PERT, calculate the time it takes for a task with the following information:
Pessimistic time=5 hours, Optimistic time=2 hours, Most likely time=5 hours. The answer is
________________.
6 hours
3 hours
5.5 hours
4.5 hours
Which tools and techniques does not apply in Develop Schedule of Project Time Management?
Variance Analysis
Critical Chain Method
Critical Path Method
Scheduling Tool
The staffing management plan can include strategies for complying with all except ____________.
Quality assurance
Applicable government regulations
Other established human resource policies
Union contracts
Which tools and techniques applied in control scope of project scope management?
Monte Carlo Technique
Variance analysis
Inspection
Decomposition
Actual cost=$1000, Budget at completion=$800, cost performance index=0.5, Earned value= $600, if no
variance have occurred. The estimate at completion is ____________.
1800
1600
1200
1400
Communication is the key to the success of a project. As the project manager, you have three stakeholders with
whom you need to communicate. As such, you have six channels of communication. A new stakeholder has been
added that you also need to communicate with. How many communications channels do you have now?
14
10
Leads during sequencing activities allows

the project manager the ability to lead the project
the project manager to fast track the project
an acceleration of the successor activity
the project manager to crash the project
What represents the estimated value of work actually completed?

Budget at Complete
Earned Value
Actual Cost
Planned Value
The project scope statement contains _______________________.

the product scope description, which includes product characteristics that may affect activity sequencing,
such as the physical layout of a plan to be constructed or subsystem interfaces on a software project
the precedence diagramming method
everything a project needs to terminate the project
innovative products to be considered for future projects
In Close Procurement process, Organizational Process Assets updates that may NOT be updated include
Deliverable acceptance
Contract terms
Procurement file
Lessons learned documentation
An organization has two project to choose from: Project A with an NPV of $30,000 OR Project B with a NPV of
$50,000. What is the opportunity cost if they select Project B?
-$20,000
$30,000
$50,000
$20,000
Which is the most accurate way to estimate activity durations?

Reserve Analysis
Analogous Estimating
Expert Judgment
Parametric Estimating
Ishikawa diagrams are also called____________________________.

Causal diagrams
Flow Diagram
Stick Diagram
Fishbone diagrams
A guide to Project Management Body of Knowledge (PMBOK Guide) is a_______.

Book known for its accuracy.
A guide that is the only guide that should be used by project managers.
recognized standard for the project management profession.
unrecognized standard for the project management profession.
You are the project manager of a project that involves sensitive information. You are inviting bids from vendors
for some tasks on this project. Since the winning vendor will have access to the sensitive information, you
should_____________________.
Threaten to take the vendor to court if he shares the information
Ask the vendor to sign a non-disclosure agreement
Swear the vendor to secrecy
Decide to drop the vendor and instead do the tasks using an internal team
An organization is considering various contract types in order to motivate sellers and to ensure preferential
treatment. What should they consider before deciding to use an award fee contract?
Any unresolved dispute over the payment of an award fee would be subject to remedy in court.
Payment of an award fee would be linked to the achievement of objective performance criteria.
Payment of an award fee would be agreed upon by both the customer and the contractor.
Payment of an award fee is decided upon by the customer based on the degree of satisfaction.
Product acceptance criteria should be laid down in which document?

Scope Management Plan
Project scope statement
WBS Dictionary
Work breakdown structure
Email communication is:

Best way to communicate
Interactive
Formal style, written
Informal style, written
The change requests are processed for review and disposition __________.
through the Perform Integrated Change Control process
by the customer
through the Monitor and Control Process
by the project manager
Which is a source of expert judgment?

Consultants
Stakeholders
All of the above
Users
Which of the following documents is not used as input for the validate scope
process?
The project management plan, containing the scope baseline consisting of the project scope statement and
its associated WBS and WBS dictionary.
The validated deliverables, completed and checked for correctness by the Perform quality control process.
The requirements traceability matrix, linking requirements to their origin and tracing them throughout the
project lifecycle
The RACI matrix, describing accountabilities in case of product rejection.
The four strategies used to deal with negative threats are:

Accept, analyze, avoid, mitigate Accept, analyze, avoid, mitigate Accept, analyze, avoid, mitigate
Accept, transfer, mitigate, reject
Avoid, transfer, mitigate, accept
Avoid, transfer, mitigate, reject
In _____________________ , the projects critical path is not changed and the completion date may not be
delayed. In other words, activities may only be delayed within their free and total float.
Resource Smoothing
Resource Analysis
Resource Leveling
Resource Allotment
Earned value=$2000. Planned value=$2500. The schedule performance index is__________________.

0.8
500
1000
1.25
The Project Manager is in the process of obtaining bids and proposals from the contractors. What tool is best
used to ensure that all prospective sellers have a clear and common understanding of the procurement
requirements.
Expert Judgment
Evaluation techniques
Advertising
Vendor Conferences
Earned value=100, Planned value=110, the schedule performance index is __________.

11
1.1
-10
0.91
Which of these is Not a type of dependency for determining the sequence among activities?
Mandatory dependencies
Lifelong dependencies
External dependencies
Discretionary dependencies
The project manager develops a process improvement plan to encourage continuous process improvement
during the life of the project. Which of the following is a valid tool or technique to assist the project manager to
assure the success of the process improvement plan?
Change control system
Process analysis
Benchmarking
Configuration management system
Which factor is not included in three-point estimates?

Z Factor
Optimistic
Pessimistic
Most likely
Cost baseline is developed during which process?

Plan Cost
Estimate Cost
Determine budget
Control Cost
Inputs for estimate activity resources include all Except ___________.

Activity list
Activity attributes
Project Charter
Resource calendars
Ratio of Budgeted cost of work performed to Actual cost of work performed is used to calculate what?
CPI
EAC
SPI
VAC
Payback period is the time it takes to get back money invested in a project. Therefore
__________________________.
Depends on the present value of money invested
Not enough information to decide

The shorter the payback period, the better it is for the project
The longer the payback period, the better it is for the project
The end of the project is reached when the___________________________.

projects objectives have been achieved
when the project is terminated because its objectives will not or cannot be met
when the need for the project no longer exists
A project may also be terminated if the client (customer, sponsor, or champion) wishes to terminate the
project
All of the above
Monte Carlo simulation is a technique used to perform

Qualitative risk analysis
Risk response
Decision tree analysis
Quantitative risk analysis
One of the outputs to determine budget is__________________.

Scope baseline
Project schedule
Activity cost estimates
Cost performance baseline
Which concept of locating team members can help them best to enhance their
performance as a team?
Virtual e-teams
Co-location
Cross-functional teams
Global teams
The Project Manager is

All of the Above.
The person assigned by the performing organization to achieve the project objectives.
A permanent employee of a company.
someone who approves the Project Charter.
An Identified risk just happened during the project execution process, as a Project Manager on this project which
reserve will you be using to take care of this risk.
Management reserve
Risk reserve
Contingency reserve
Rework reserves
You just found out that the company that you were planning to use in your project is known for being late in
delivering their products that can lead to losses to the project. You decide to go with a different company to
_________________ the risk.
Transfer
Mitigate
Reject
Avoid
He estimated that 85%-90% of variations result from the system.

Joseph Juran
Edward Deming
Philip Crosby
Ali Ansari
A project management office (PMO)

Is an organizational body or entity assigned various responsibilities related to the centralized and
coordinated management of those projects under its domain.
Is dependent upon the needs of the organization that it supports.
May be delegated the authority to act as an integral stakeholder and a key decision maker during the
beginning of each project.
All of the above.
A facilitator uses a questionnaire to solicit ideas about the important project points related to the subject. What
type of technique is the facilitator using?
Monte Carlo Technique
Delphi Technique
Diagramming technique
Focus Groups
On a software development project the project manager is interacting with six other stakeholders making the
current no of communication channels to 21. Three new stakeholders join the project. How many NEW channels
have been added?
45
24
21
66
Quantitative risk analysis is a process that belongs to which process group in Risk Management?
Executing
Controlling
Planning
Monitoring
You finished your project for a customer to implement a business software solution. All deliverables have been
handed over and are already in use by the company. There is a minor last payment to be made by the customer
on contract closure. You believe that it is now getting time to finally close the contract with the customer and
then administratively close down the project. You approached the customer this morning and found that they are
reluctant to finally close the contract. But you do not exactly understand why. What should you not do?
Update all documents related to the project and the product so that they reflect the final specifications and
the status of both the project and the product. Organize them in a fashion for easy access.
Make sure that there are no active purchase orders against the contract or any other pending obligations,
requests or claims from either party which need to be resolved. Then insist on formal contract closure.
Based on the contract and all documents which are relevant for the formal relationship with the customer,
write a close-out report describing what was contractually required and what was obtained.
Focus on your next project and leave the customer the time to get familiar with the software. They will
come back to you anyway after some weeks to terminate the contract and make the last payment.
Being assigned as a project manager, you noticed during project execution that conflicts arise in the team on
both technical and interpersonal levels. What is an appropriate way of handling conflicts?
A conflict should be handled in a meeting so that the entire team can participate in finding a solution.
You should use your coercive power to quickly resolve conflicts and then focus on goal achievement.
Conflicts should be addressed early and usually in private, using a direct, collaborative approach.
Conflicts distract the team and disrupt the work rhythm. You should always smooth them when they
surface.
Which EAC formula is used when no variance has occurred and same rate of spending will continue?
EAC= BAC/CPI
EAC= AC+ETC
EAC= AC- (BAC+EV)
EAC= AC+(BAC-EV)
A project manager has a problem with a team member's performance. What is the Best form of communication
for addressing this problem?
Informal verbal communication
Informal written communication
Formal written communication
Formal verbal communication
There are four inputs to writing a business case, Which one is not an input to writing the business case process
Business Need
Assumptions and constraints
Requirements Verification
Stakeholder Concerns
While identifying business need for a project all of the following can be considered except____.
technological advances
market demands
legal requirements
maintenance requirements
If your friend can influence bids in the vendor company that has been contracted for your project. You should:
Pretend during meetings that you don't know him/her
Reject other vendors and award him the contract as you trust him
Refrain from the decision-making process and make a full disclosure to stakeholders and wait for their
decision before you proceed
Disclose the bid price that is most likely to make him win
To motivate your team, you decided to reward a team member who performed well. This hurt cohesion in the
team. You should:
Modify reward strategy to be win-win for the team
Co-locate the team
Declare that there will be no rewards going forward
Reward the whole team
Most of a project's resources are spent on which process group.

Executing
Monitor and control
Planning
Closing
The cost of a contractor is $50 per hour. Two contractors working for 10 hours will cost $1000. This is an
example of:
Parametric estimating
Three-point estimating
Bottom-up estimating
Analogous estimating

Most of the effort in cost control involves _____________________________.
Analyzing the relationship between the consumption of project funds to the physical work being
accomplished for such expenditures.
Preventing unapproved changes from being processed by the Perform Integrated Change Control.
Monitoring work performance against the schedule.
Influencing the factors that changes in the schedule baseline.
Workshops are used as a primary technique to quickly define cross-functional requirements and reconcile
stakeholder differences
True
False
A Positive Cost variance indicates ____________.

The project has just started
The project is under budget
The project is finished
The project is over budget
The four strategies used to deal with positive threats are:

Exploit, invest, enhance, accept
Exploit, share, invest, accept
Exploit, share, enhance, accept
Exploit, share, enhance, adjust
The business case or similar document provides the necessary information from a business standpoint to
determine ________________.
the relationships between the stakeholders
whether or not the project is worth the required investment
the inputs for the project charter
the scope of the project
If the Benefit cost ratio is > 1, then:

Cannot be determined
Costs are greater than benefits
Depends on other factors
Benefits are greater than costs
Projects baselines can include all of the following except:

Cost performance Baseline
Scope Baseline
Schedule Baseline
WBS
Risk mitigation is _______________.

Preventing the risk from occuring
Sharing the risk with another person/organization
Making someone else responsible for the risk
Reducing the impact or probability of occurrence of the risk
A conflict management technique that involves incorporating viewpoints from everyone is?
Smoothing
Collaborating
Recognizing
Voting
Coordinating communication across projects

Is a primary function of a PMO.
Is a primary function of a PM.
Is a primary function of a Portfolio Manager
None of the above
Slack/ Float is calculated by ____________.

Early Finish - Late Finish
Late Finish - Early Start
Early Start - Late Start
Late Start - Early Start
Your project had a cost overrun in the past and you tried to obtain funding on top of the original budget at
completion (BAC). Management has told you that they cannot make additional funding available. You have to
increase cost performance so that the project will be finished with costs not exceeding the original BAC. Which
metric describes the future performance to meet this objective?
TCPI cannot be calculated in this situation.
TCPI calculated as (BAC-EV) / (BAC-AC)
TCPI calculated as (BAC-EV) / (EAC AC)
TCPI calculated as BAC / CPI

Define Variance Analysis.

Project performance measurements used to assess the magnitude of variation from the original
requirement baseline.
Includes activities such as measuring, examining, and verifying to determine whether work and
deliverables meet requirements and product acceptance criteria.
Project performance measurements used to assess the magnitude of variation from the original quality
baseline.
Project performance measurements used to assess the magnitude of variation from the original scope
baseline.
As a PM, you have identified some low priority risks. You should:
Neglect them as they will mostly not occur
Add them to a watch list and add to the risk register
Plan detailed response plans
Quantify the risk
Who is responsible and accountable for setting realistic and achievable boundaries for the project and to
accomplish the project within the approved baselines.
Project Management Office
Project Manager
Project Owner
Project Sponsor
A Positive Schedule variance indicates ____________.

The project is behind Schedule
The project is ahead of Schedule
The project is on schedule
The project is finished
A lag _______________________.
directs a delay in the successor activity
means everyone is lagging on the project
leaves room for improving the project
stops the whole project from proceeding
*Developing or acquiring a new or modified information system

*Constructing a building, industrial plant, or infrastructure
*Implementing, improving, or enhancing existing business processes and procedures
Are All examples of what?
Programs
Projects
Products
Plans
You took over a customer project for your company. From the inputs available, including contract, statement of
work and project charter, you have developed a project management plan. You already presented that plan in a
meeting with key stakeholders including your project sponsor and some representatives from the customer
organization. During the meeting you sensed a high level of dissatisfaction by the customer executives, who
signaled that the project might not produce the results that their company had expected. In your understanding,
all necessary actions have been planned to meet the customers requirements. What should you do next?
Request a formal meeting on top executive level to get the misunderstandings sorted out, then arrange a
change request, re-plan your project where necessary and go ahead with the project work.
Do not over-react. Performed according to your plan, the project will produce a convincing product for the
customer. As soon as the executives will see it, they will probably change their opinion and accept it.
Arrange meetings with the customer to identify their needs, wants and expectations for the project. Then
create a narrative Scope statement from this information to document the agreed upon project scope.
Request a written statement from the customer detailing the requirements which they believe are not
addressed by your plan. Use this statement to update the project plan.
Which of the below are project selection methods ____________.

Cost-benefit analysis
Payback period
Net present value
All of the above
In a projectized organization structure, the PM's authority is _________.

Moderate to high
High
High to almost total
Limited
To Calculate how much overbudget or underbudget we will be at the end of the project work we use the formula
______________.
EAC= AC- (BAC+EV)
VAC=BAC-EAC
EAC= AC+(BAC-EV)
EAC= AC+ETC
A technique used to identify root causes of issues is ________________.

Fish Bone Diagram
Quality check
Defect review
Issue list
Which is the formula for Schedule Variance?

SV = EV/AC
SV = EV/PV
SV = EV PV
SV = EV AC
Funding constraints are reflected in the ____________________.

reserve allocation
baseline activities schedule
WBS
project scope statement
From a management point of view, autocratic managers like to retain most of their authority. They belief that
people do not like work and that some kind of direct pressure and control must be exerted to get them to work
effectively. According to Douglas McGregor these type of Managers fall under which of his theory teaching.
Theory X
Theory Y
Theory Z
Theory W
What is the purpose of control limits?

Identifying whether the process is in control or not.
To control the cost so that it doesn't go out of limit.
Identifying rule of seven patterns in control charts.
Increasing process quality
Which Tools and Techniques is included in Control Costs?

Funding limit reconciliation
Variance analysis
Reserve analysis
Cost aggregation
Idea/mind mapping uses ____________________________.

Ideas created through individual brainstorming and are consolidated into a single map to reflect
commonality and differences in understanding, and generate new ideas
Stakeholders to come up with the only way the project should be done
all the documentation given by the project team to come up with mind mapping
the Work Scope, budget, WBS and the project charter to get ideas for the project
Operations are__________
Refers to what the project manager is able to do or accomplish while applying their project management
knowledge.
All of the above.
An organizational function performing the ongoing execution of activities that produce the same product or
provide a repetitive service.
The standard for managing most projects most of the time across many types of industries.
What is requirements traceability matrix?

It shows the responsibility assignment of each team member
It is a checklist of requirements
It traces the work done by a particular team member
It is a table that links requirements to their origin and traces them throughout the project life cycle
Budget reserve analysis can establish both _____________________.

Contingency reserves and the management reserves for the project.
Management reserves and the Risk reserves for the project.
PMO reserves and the management reserves for the project.
Time reserves and the Cost reserves for the project.
Post-mortem analysis after scheduled finish date of a project shows a CPI of 0.7 and an SPI of 1.35. What is a
plausible explanation for that?
The project has produced additional deliverables which were originally not required.
The project has been finished under budget and behind of schedule.
The project was terminated early. At that time, it was over budget and ahead of schedule.
The project has been finished over budget and ahead of schedule.
Stakeholder Management knowledge area is focused on engaging project stakeholders. What is the objective of
effectively keeping the project stakeholders engaged with the project?
To Identify Negative Stakeholders.
To motivate the Stakeholders.
To manage their expectations so that the project objectives are achieved.
Using consistent project management methodology across organizational projects.
Which document is developed along the risk management processes from identify risks through perform
qualitative risk analysis to control risks?
Risk Assessment File
Risk Factor
Risk Log
Risk Register
A project manager manages a team of 5. The number of communication channels including the project manager
is_________.
5
10
20
15
Who is ultimately responsible for quality management on the project?

Quality manager
Team member
Project manager
Project owner
A project is a temporary endeavor undertaken to create a unique

Product
Service
Result
All of the above
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Who is ultimately responsible for quality management on the project?
Your answer:
Project manager Correct
A project is a temporary endeavor undertaken to create a unique

Your answer:
All of the above Correct
The end of the project is reached when the___________________________.
Your answer:
*Developing or acquiring a new or modified information system

*Constructing a building, industrial plant, or infrastructure
*Implementing, improving, or enhancing existing business processes and procedures
Are All examples of what?
Your answer:
Projects Correct
Which process groups takes the most time/ effort.
Your answer:
Executing Correct
What is the purpose of control limits?
Your answer:
Identifying whether the process is in control or not. Correct
A project management office (PMO)
Your answer:
Is an organizational body or entity assigned various responsibilities related to the centralized and coordinated
management of those projects under its domain. Incorrect
Correct answer:
All of the above.
Coordinating communication across projects
Your answer:
Is a primary function of a PM. Correct
Operations are__________
Your answer:
An organizational function performing the ongoing execution of activities that produce the same product or
provide a repetitive service. Correct
The Project Manager is
Your answer:
The person assigned by the performing organization to achieve the project objectives. Correct
A guide to Project Management Body of Knowledge (PMBOK Guide) is a_______.
Your answer:
recognized standard for the project management profession. Correct
The PMBOK Guide identifies that subset of the project management body of knowledge generally known as
__________.
Your answer:
good practice. Correct
The business case or similar document provides the necessary information from a business standpoint to
determine ________________.
Your answer:
whether or not the project is worth the required investment Correct
As a PM, you have identified some low priority risks. You should:
Your answer:
Add them to a watch list and add to the risk register Correct
The enterprise environmental factors that can influence the Develop Project Charter Process
include_______________
Your answer:
Governmental or industry standards, Organization infrastructure, and Marketplace conditions. Correct
If your friend can influence bids in the vendor company that has been contracted for your project. You should:
Your answer:
Refrain from the decision-making process and make a full disclosure to stakeholders and wait for their decision
before you proceed Correct
Workshops are used as a primary technique to quickly define cross-functional requirements and reconcile
stakeholder differences
Your answer:
True Correct
Idea/mind mapping uses ____________________________.
Your answer:
Ideas created through individual brainstorming and are consolidated into a single map to reflect commonality
and differences in understanding, and generate new ideas Correct
What is requirements traceability matrix?
Your answer:
It is a table that links requirements to their origin and traces them throughout the project life cycle Correct
To motivate your team, you decided to reward a team member who performed well. This hurt cohesion in the
team. You should:
Your answer:
Modify reward strategy to be win-win for the team Correct
The project scope statement contains _______________________.
Your answer:
the product scope description, which includes product characteristics that may affect activity sequencing, such
as the physical layout of a plan to be constructed or subsystem interfaces on a software project Correct
Leads during sequencing activities allows
Your answer:
an acceleration of the successor activity Correct
A lag _______________________.
Your answer:
directs a delay in the successor activity Correct
Inputs for estimate activity resources include all Except ___________.
Your answer:
Resource calendars Incorrect
Correct answer:
Project Charter
Outputs for estimate activity resources include all except___________.
Your answer:
Project schedule Correct
You just found out that the company that you were planning to use in your project is known for being late in
delivering their products that can lead to losses to the project. You decide to go with a different company to
_________________ the risk.
Your answer:
Avoid Correct
You are the project manager of a project that involves sensitive information. You are inviting bids from vendors
for some tasks on this project. Since the winning vendor will have access to the sensitive information, you
should_____________________.
Your answer:
Ask the vendor to sign a non-disclosure agreement Correct
Quantitative risk analysis is a process that belongs to which process group in Risk Management?
Your answer:
Planning Correct
One of the outputs to determine budget is__________________.
Your answer:
Cost performance baseline Correct
Funding constraints are reflected in the ____________________.
Your answer:
project scope statement Correct
Budget reserve analysis can establish both _____________________.
Your answer:
Contingency reserves and the management reserves for the project. Correct
Projects baselines can include all of the following except:
Your answer:
WBS Correct
Ishikawa diagrams are also called____________________________.
Your answer:
Fishbone diagrams Correct
Which is a source of expert judgment?
Your answer:
From a management point of view, autocratic managers like to retain most of their authority. They belief that
people do not like work and that some kind of direct pressure and control must be exerted to get them to work
effectively. According to Douglas McGregor these type of Managers fall under which of his theory teaching.
Your answer:
Theory X Correct
A project manager manages a team of 5. The number of communication channels including the project
manager is_________.
Your answer:
10 Incorrect
Correct answer:
15
The project manager develops a process improvement plan to encourage continuous process improvement
during the life of the project. Which of the following is a valid tool or technique to assist the project manager to
assure the success of the process improvement plan?
Your answer:
Configuration management system Incorrect
Correct answer:
Process analysis
Being assigned as a project manager, you noticed during project execution that conflicts arise in the team on
both technical and interpersonal levels. What is an appropriate way of handling conflicts?
Your answer:
Conflicts should be addressed early and usually in private, using a direct, collaborative approach. Correct
Who is responsible and accountable for setting realistic and achievable boundaries for the project and to
accomplish the project within the approved baselines.
Your answer:
Project Manager Correct

Which of the following documents is not used as input for the validate scope
process?
Your answer:
The RACI matrix, describing accountabilities in case of product rejection. Correct
Which document is developed along the risk management processes from identify risks through perform
qualitative risk analysis to control risks?
Your answer:
Risk Register Correct
A facilitator uses a questionnaire to solicit ideas about the important project points related to the subject. What
type of technique is the facilitator using?
Your answer:
Delphi Technique Correct
In Close Procurement process, Organizational Process Assets updates that may NOT be updated include
Your answer:
Contract terms Correct
The Project Manager is in the process of obtaining bids and proposals from the contractors. What tool is best
used to ensure that all prospective sellers have a clear and common understanding of the procurement
requirements.
Your answer:
Vendor Conferences Correct
In _____________________ , the projects critical path is not changed and the completion date may not be
delayed. In other words, activities may only be delayed within their free and total float.
Your answer:
Resource Allotment Incorrect
Correct answer:
Resource Smoothing
Product acceptance criteria should be laid down in which document?
Your answer:
Project scope statement Correct
Cost baseline is developed during which process?

Your answer:
Determine budget Correct
An Identified risk just happened during the project execution process, as a Project Manager on this project
which reserve will you be using to take care of this risk.
Your answer:
Contingency reserve Correct
There are four inputs to writing a business case, Which one is not an input to writing the business case process
Your answer:
Requirements Verification Correct
Which concept of locating team members can help them best to enhance their
performance as a team?
Your answer:
Co-location Correct
A technique used to identify root causes of issues is ________________.
Your answer:
Fish Bone Diagram Correct
Earned value=100, Planned value=110, the schedule performance index is __________.
Your answer:
0.91 Correct
Email communication is:
Your answer:
Informal style, written Correct
Monte Carlo simulation is a technique used to perform
Your answer:
Quantitative risk analysis Correct
The four strategies used to deal with negative threats are:
Your answer:
Avoid, transfer, mitigate, accept Correct
The four strategies used to deal with positive threats are:
Your answer:
Exploit, share, enhance, accept Correct
The cost of a contractor is $50 per hour. Two contractors working for 10 hours will cost $1000. This is an
example of:
Your answer:
Parametric estimating Correct
Using PERT, calculate the time it takes for a task with the following information:
Pessimistic time=5 hours, Optimistic time=2 hours, Most likely time=5 hours. The answer is
________________.
Your answer:
4.5 hours Correct
If the Benefit cost ratio is > 1, then:
Your answer:
Benefits are greater than costs Correct
Earned value=$2000. Planned value=$2500. The schedule performance index is__________________.
Your answer:
0.8 Correct
Budgeted cost of work performed=$1000, Actual cost of work performed=$2000. The cost variance is
_________________.
Your answer:
-1000 Correct
Actual cost=$1000, Budget at completion=$800, cost performance index=0.5, Earned value= $600, if no
variance have occurred. The estimate at completion is ____________.
Your answer:
1600 Correct
Deming's cycle is used for continuous improvement of processes. The four-step management method in order is
___________________.
Your answer:
Plan-Act-Do-Check Incorrect
Correct answer:
Plan-Do-Check-Act
In a projectized organization structure, the PM's authority is _________.
Your answer:
High to almost total Correct
Which of the below are project selection methods ____________.
Your answer:
A conflict management technique that involves incorporating viewpoints from everyone is?
Your answer:
Collaborating Correct
Most of a project's resources are spent on which process group.
Your answer:
Executing Correct
Risk mitigation is _______________.
Your answer:
Reducing the impact or probability of occurrence of the risk Correct
Payback period is the time it takes to get back money invested in a project. Therefore
__________________________.
Your answer:
The shorter the payback period, the better it is for the project Correct
An organization is considering various contract types in order to motivate sellers and to ensure preferential
treatment. What should they consider before deciding to use an award fee contract?
Your answer:
Payment of an award fee would be linked to the achievement of objective performance criteria. Incorrect
Correct answer:
Payment of an award fee is decided upon by the customer based on the degree of satisfaction.

You took over a customer project for your company. From the inputs available, including contract, statement of
work and project charter, you have developed a project management plan. You already presented that plan in a
meeting with key stakeholders including your project sponsor and some representatives from the customer
organization. During the meeting you sensed a high level of dissatisfaction by the customer executives, who
signaled that the project might not produce the results that their company had expected. In your
understanding, all necessary actions have been planned to meet the customers requirements. What should you
do next?
Your answer:
Request a written statement from the customer detailing the requirements which they believe are not
addressed by your plan. Use this statement to update the project plan. Incorrect
Correct answer:
Arrange meetings with the customer to identify their needs, wants and expectations for the project. Then
create a narrative Scope statement from this information to document the agreed upon project scope.
Post-mortem analysis after scheduled finish date of a project shows a CPI of 0.7 and an SPI of 1.35. What is a
plausible explanation for that?
Your answer:
The project has been finished over budget and ahead of schedule. Incorrect
Correct answer:
The project was terminated early. At that time, it was over budget and ahead of schedule.
While identifying business need for a project all of the following can be considered except____.
Your answer:
maintenance requirements Correct
You finished your project for a customer to implement a business software solution. All deliverables have been
handed over and are already in use by the company. There is a minor last payment to be made by the
customer on contract closure. You believe that it is now getting time to finally close the contract with the
customer and then administratively close down the project. You approached the customer this morning and
found that they are reluctant to finally close the contract. But you do not exactly understand why. What should
you not do?
Your answer:
Based on the contract and all documents which are relevant for the formal relationship with the customer, write
a close-out report describing what was contractually required and what was obtained. Incorrect
Correct answer:
Focus on your next project and leave the customer the time to get familiar with the software. They will come
back to you anyway after some weeks to terminate the contract and make the last payment.
Your project had a cost overrun in the past and you tried to obtain funding on top of the original budget at
completion (BAC). Management has told you that they cannot make additional funding available. You have to
increase cost performance so that the project will be finished with costs not exceeding the original BAC. Which
metric describes the future performance to meet this objective?
Your answer:
TCPI calculated as (BAC-EV) / (BAC-AC) Correct
The change requests are processed for review and disposition __________.
Your answer:
through the Perform Integrated Change Control process Correct
Which tools and techniques applied in control scope of project scope management?
Your answer:
Variance analysis Correct
Define Variance Analysis.
Your answer:
Project performance measurements used to assess the magnitude of variation from the original scope baseline.
Correct
Which is the most accurate way to estimate activity durations?
Your answer:
Parametric Estimating Correct
Which factor is not included in three-point estimates?
Your answer:
Z Factor Correct
Which tools and techniques does not apply in Develop Schedule of Project Time Management?
Your answer:
Variance Analysis Correct
Most of the effort in cost control involves _____________________________.
Your answer:
Analyzing the relationship between the consumption of project funds to the physical work being accomplished
for such expenditures. Correct
Which Tools and Techniques is included in Control Costs?
Your answer:
Variance analysis Incorrect
Correct answer:
Reserve analysis
Which is the formula for Schedule Variance?
Your answer:
SV = EV PV Correct
The staffing management plan can include strategies for complying with all except ____________.
Your answer:
Quality assurance Correct
Which EAC formula is used when no variance has occurred and same rate of spending will continue?
Your answer:
EAC= BAC/CPI Correct
To Calculate how much overbudget or underbudget we will be at the end of the project work we use the
formula ______________.
Your answer:
VAC=BAC-EAC Correct
A Positive Schedule variance indicates ____________.
Your answer:
The project is ahead of Schedule Correct
A Positive Cost variance indicates ____________.
Your answer:
The project is under budget Correct
Ratio of Budgeted cost of work performed to Actual cost of work performed is used to calculate what?
Your answer:
CPI Correct
What is true about fixed costs?
Your answer:
They do not change as production changes. Correct
An organization has two project to choose from: Project A with an NPV of $30,000 OR Project B with a NPV of
$50,000. What is the opportunity cost if they select Project B?
Your answer:
$30,000 Correct
He estimated that 85%-90% of variations result from the system.
Your answer:
Ali Ansari Incorrect
Correct answer:
Edward Deming
Slack/ Float is calculated by ____________.
Your answer:
Late Finish - Early Start Incorrect
Correct answer:
Late Start - Early Start
On a software development project the project manager is interacting with six other stakeholders making the
current no of communication channels to 21. Three new stakeholders join the project. How many NEW channels
have been added?
Your answer:
45 Incorrect
Correct answer:
24
What represents the estimated value of work actually completed?
Your answer:
Earned Value Correct
Stakeholder Management knowledge area is focused on engaging project stakeholders. What is the objective of
effectively keeping the project stakeholders engaged with the project?
Your answer:
To manage their expectations so that the project objectives are achieved. Correct
A project manager has a problem with a team member's performance. What is the Best form of communication
for addressing this problem?
Your answer:
Informal verbal communication Correct

Communication is the key to the success of a project. As the project manager, you have three stakeholders
with whom you need to communicate. As such, you have six channels of communication. A new stakeholder
has been added that you also need to communicate with. How many communications channels do you have
now?
Your answer:
10 Correct
Which of these is Not a type of dependency for determining the sequence among activities?
Your answer:
Lifelong dependencies Correct
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Which process groups takes the most time/ effort.

Monitor and Controlling

Outputs for estimate activity resources include all except___________.

Project document updates

Activity resource requirements

Governmental or industry standards, Organization infrastructure, and Templates

Governmental or industry standards, Organization infrastructure, and consultants

Governmental or industry standards, Organization infrastructure, and Marketplace conditions.

What is true about fixed costs?

They do not change as production changes.

It is the opportunity given up by selecting one project over another.

They change with the amount of production or the amount of work.

Critical Chain Method

Critical Path Method

Question #10 (1 point)

Applicable government regulations

Other established human resource policies

Question #11 (1 point)

Question #12 (1 point)

Question #13 (1 point)

Question #14 (1 point)

Leads during sequencing activities allows

the project manager to fast track the project

an acceleration of the successor activity

the project manager to crash the project

Question #15 (1 point)

What represents the estimated value of work actually completed?

Question #16 (1 point)

The project scope statement contains _______________________.

everything a project needs to terminate the project

innovative products to be considered for future projects

Question #17 (1 point)

Question #18 (1 point)

Question #19 (1 point)

Which is the most accurate way to estimate activity durations?

Question #20 (1 point)

Ishikawa diagrams are also called____________________________.

Question #21 (1 point)

A guide to Project Management Body of Knowledge (PMBOK Guide) is a_______.

recognized standard for the project management profession.

unrecognized standard for the project management profession.

Question #22 (1 point)

Ask the vendor to sign a non-disclosure agreement

Swear the vendor to secrecy

Question #23 (1 point)

Question #24 (1 point)

Product acceptance criteria should be laid down in which document?

Project scope statement

Work breakdown structure

Question #25 (1 point)

Email communication is:

Formal style, written

Informal style, written

Question #26 (1 point)

through the Monitor and Control Process

by the project manager

Question #27 (1 point)

Which is a source of expert judgment?

All of the above

Question #28 (1 point)

Question #29 (1 point)