PMP Exam Prep and PMP Certification

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PMP for Newbies (Part Five)

February 12th, 2007 · No Comments







 

1. A certain activity will most likely take 5 days to complete. However, you estimate that the activity could take as little as 3 days to complete or as long as 15 days to complete. What is the standard deviation?Please select the best answer.
 
A.   2 days
 
B.   3 days
 
C.   5 days
 
D.   6 days
  The correct answer is A. Standard deviation = (Tp-To)/6 (15-3)/6 = 2

 

2. If the probability of event 1 is 20 percent, the probability of event 2 is 45 percent, and they are independent events, how likely is it that both events will occur?Please select the best answer.
 
A.   17 percent
 
B.   9 percent
 
C.   32 percent
 
D.   27 percent
  The correct answer is B. The likelihood is determined by multiplying the probability of event 1 by the probability of event 2.
.20x.45=.09 or 9%

 

3. Which of the following is an external failure quality cost?Please select the best answer.
 
A.   Complaints
 
B.   Downtime
 
C.   Rework
 
D.   Scrap
  The correct answer is A. Customer complaints are external failure costs. The other options are internal failure costs.

 

4. You are the project manager for a new systems project dealing with aircraft cargo holds. Management, of course, wants your project to yield a high value but at a low cost. Other stakeholders would like you to take extra time and spend money to incorporate features that would increase long-term project value. In this situation, according to the PMI®, you shouldPlease select the best answer.
 
A.   Group stakeholders into categories for easy identification
 
B.   Be sensitive to the fact that stakeholders often have very different objectives and that this makes stakeholder management difficult
 
C.   Recognize that roles and responsibilities may overlap
 
D.   Curtail stakeholder activities that might have a negative effect on the project
  The correct answer is B. The scenario given is an example of the difficulty of managing stakeholders and shows why a project manager must be sensitive to their often-conflicting objectives and requirements.

 

5. A task was estimated to cost $8,000 and be completed yesterday. It is actually 85 percent complete and has an actual cost (AC) of $9,000 to date. Using the 50/50 method, what was the earned value (EV) for this task at the end of the day yesterday?Please select the best answer.
 
A.   $4,000
 
B.   $6,800
 
C.   $7,650
 
D.   $9,000
  The correct answer is A. Because the task is 85 percent complete and you are using the 50/50 method, you get credit for 50 percent of the value of the task: $4,000. You will get credit for the other 50 percent when the task is complete.

 

6. The communications management plan provides for all of the following EXCEPTPlease select the best answer.
 
A.   Communications barriers
 
B.   Collection and storage structure for project information
 
C.   Project communication schedules
 
D.   Distribution structure for project information
  The correct answer is A. Communications barriers are not included in a communications management plan.

 

7. Cost Estimating is most closely linked to which other knowledge areas?Please select the best answer.
 
A.   Scope, Procurement
 
B.   Procurement, Risk
 
C.   Risk, Time, Integration
 
D.   Time, Scope
  The correct answer is D. Cost Estimating is closely linked to Time and Scope Management.

 

8. After a scope revision, your project team, which previously had eight team members, has lost two members. How many fewer communication channels does the team now have?Please select the best answer.
 
A.   6
 
B.   8
 
C.   13
 
D.   15
  The correct answer is C. Based on the formula for calculating communication channels, a team of eight members has 28 communication channels, while a team of six members has 15 communication channels. Therefore, there are 13 fewer communication channels.

 

9. Which of the following best describes the WBS?Please select the best answer.
 
A.   The WBS describes the product and services in detail.
 
B.   The WBS clearly defines project deliverables.
 
C.   The WBS contains a detailed description of each authority to use resources on a project activity.
 
D.   The WBS provides the project manager with the authority to use resources on a project activity.
  The correct answer is B. The WBS is used as an input to cost estimating and resource planning and supports cost estimating by clearly defining project deliverables.

 

10. A risk management plan should include all the following EXCEPTPlease select the best answer.
 
A.   Risk Identification and Quantitative Risk Analysis processes
 
B.   Work Breakdown Structure (WBS)
 
C.   How reserves will be allocated
 
D.   Who is responsible for managing various risks
  The correct answer is B. The WBS is separate from the project plan.

 

11. In the Activity Definition process of project time management, what input provides a basis to identify the activities to be scheduled?Please select the best answer.
 
A.   Master schedule
 
B.   Work Breakdown Structure
 
C.   Gantt chart
 
D.   Budget
  The correct answer is B. Activity Definition involves identifying and documenting the specific activities that must be performed to produce the deliverables and subdeliverables identified in the Work Breakdown Structure (WBS).

 

12 Integrated Change Control in Project Integration Management involvesPlease select the best answer.
 
A.   Coordinating changes on the client’s side
 
B.   Coordinating changes across the entire project baseline
 
C.   Coordinating changes across the schedule
 
D.   Coordinating changes in the project team
  The correct answer is B. Integrated Change Control involves coordinating changes across the entire project baseline.

 

13. Which of the documents below should be expected to change during the Planning process in Project Integration Management as more information becomes available for the project?Please select the best answer.
 
A.   Project monitoring plan
 
B.   Project plan
 
C.   Change request
 
D.   Work authorization
  The correct answer is B. The project plan goes through iterative processes as more information becomes available.

 

14. Decomposition is a technique used in the scope definition in Project Scope Management and is used to construct which of the following?Please select the best answer.
 
A.   Critical path method diagram
 
B.   Work Breakdown Structure
 
C.   Variance analysis
 
D.   Precedence network
  The correct answer is B. Decomposing project tasks to the lowest level can be done within the Work Breakdown Structure (WBS).

 

15. Preventive actions to the Project Plan Execution process are considered to bePlease select the best answer.
 
A.   Inputs
 
B.   Outputs
 
C.   Tools
 
D.   Techniques
  The correct answer is A. Preventive actions are inputs to the Project Plan Execution process, along with the project plan, supporting details, and organizational policies.

16. What Qualitative Risk Analysis technique are you using if you examine the validity of alternative scenarios?Please select the best answer.
 

A.   Probability testing
 

B.   Impact testing
 

C.   Assumptions testing
 

D.   Data precision ranking
  The correct answer is D. Assumptions testing is basically asking the question “What are the assumptions being made for this project?” and determining whether the assumptions are valid.

 

17. Which of the following is NOT a resource type associated with the Resource Planning process?Please select the best answer.
 

A.   Equipment
 

B.   Expenses
 

C.   Cost estimates
 

D.   People
  The correct answer is C. Cost estimates are not a resource type associated with the Resource Planning process.

 

18 You have been assigned to lead a project, for which the staff has already been designated. At the kick-off meeting, you talked with the team and found that they are generally inexperienced professionals. What is the best thing you can do?Please select the best answer.
 

A.   Schedule many informal social meetings.
 

B.   Develop rewards and recognition for inexperienced people.
 

C.   Schedule training classes.
 

D.   Review the RAM.
  The correct answer is C. To develop this team of inexperienced people, you should get them into training classes that support the project goals.

 

19. Which of the following conflict management methods should only be used as a last resort?Please select the best answer.
 

A.   Problem solving
 

B.   Compromising
 

C.   Forcing
 

D.   Smoothing
  The correct answer is C. Because forcing can cause additional conflict by antagonizing team members, it should only be used as a last resort and only when you have legitimate authority.

 

20. Bidder conferences do all the following exceptPlease select the best answer.
 

A.   Allow sellers to ask questions
 

B.   Allow buyers to clarify scope
 

C.   Allow sellers to hear each other’s questions and answers
 

D.   Allow sellers to request change orders
  The correct answer is D. Bidder conferences allow sellers to ask questions, buyers to clarify scope, and sellers to hear each other’s questions.

 

21.

Some contracts are not completed because the contractor fails or refuses to complete the contractual conditions. This situation is called a

Please select the best answer.
 
A.   Breach
 
B.   Stop work
 
C.   Flawed contract
 
D.   Contract de jour
  The correct answer is A. A breach is a failure by a buyer or seller to fulfill a contractual obligation.

 

22.

According to the PMI®, Project Integration Management includes which of the following processes?

Please select the best answer.
 
A.   Scope Planning
 
B.   Project Plan Development
 
C.   Project Plan Modification
 
D.   Scope Definition
  The correct answer is B. Project Plan Development is one of the three processes of Project Integration Management.

 

23.

Since meetings are only effective if they result in some outcome that justifies the time spent, when preparing for a meeting, a project manager needs to define

Please select the best answer.
 
A.   Whether the meeting can be conveyed by written communication instead
 
B.   Meeting inputs
 
C.   Meeting objectives and expected outcomes
 
D.   What the sponsor wants to hear
  The correct answer is C. For a meeting to be effective and justify the time spent, a project manager needs to define meeting objectives in advance.

 

24.

The ______________ process is defined as making the project information needed by project team members, managers, and other stakeholders available in a timely fashion.

Please select the best answer.
 
A.   Information Distribution
 
B.   Communications Planning
 
C.   Communications Model
 
D.   Information Retrieval
  The correct answer is A. Information Distribution is the process of making the project information needed by project team members, managers, and other stakeholders available in a timely fashion.

 

25.

A project’s EV is $6,000, its AC is $6,750, and its PV is $7,525. What is the project’s schedule variance (SV)?

Please select the best answer.
 
A.   -$ 750
 
B.   -$1,525
 
C.   $1,525
 
D.   $2,500
  The correct answer is B. The project’s schedule variance (SV) is -$1,525. This figure was computed as follows: $6,000 (EV) – $7,525 (PV) = -$1,525 (SV).

 

26.

A key activity in Project Plan Execution is

Please select the best answer.
 
A.   Eliminating all changes to the product scope
 
B.   Authorizing work using a work authorization system
 
C.   Creating the project plan
 
D.   Identifying the planning deliverables
  The correct answer is B. Most of the project plan will be carried out during this process, so work should be authorized using a work authorization system.

 

27.

Assisting team members to improve their individual skills and competencies best describes which team-building component?

Please select the best answer.
 
A.   Individual contributor development
 
B.   Goals and results of team building
 
C.   Ground rules for team building
 
D.   Symptoms of poor teamwork
  The correct answer is A. Assisting team members to improve their individual skills and competencies enables them to perform more effectively and fosters new ideas for completing project work.

 

28.

All of the following are inputs to Resource Planning EXCEPT

Please select the best answer.
 
A.   Historical information
 
B.   Activity duration estimates
 
C.   Work breakdown structure
 
D.   Risk response plan
  The correct answer is D. A risk response plan is not an input to resource planning; it is a process in Risk Management.

 

29.

Which of the following is an example of corrective action in Project Risk Management?

Please select the best answer.
 
A.   Engage in additional Risk Response Planning.
 
B.   Conduct a risk review.
 
C.   Use the risk contingency plan.
 
D.   Conduct a risk audit.
  The correct answer is C. Corrective action is performing the risk contingency plan or a workaround.

 

30.

Which of the following project management tools supports parametric estimating?

Please select the best answer.
 
A.   Bar graph
 
B.   Conditional diagram
 
C.   Correlation coefficients
 
D.   Regression analysis
  The correct answer is D. Regression analysis is one of the ways you could develop formulae for parametric estimating, the other being the learning curve.


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