PMP Exam Prep and PMP Certification

PMP Exam Prep and PMP Certification.

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PMP for Newbies (Part Seven)

December 18th, 2006 · No Comments







 

1. Which of the following should be your primary consideration when making a buy decision?Please select the best answer.
 

A.   Cost effectiveness
 

B.   Supplier’s market conditions
 

C.   Buyer’s market conditions
 

D.   Consultant’s expert judgment
  The correct answer is A. Cost effectiveness should be your primary consideration when making a buy decision.

 

2. Project resource needs are ideally determined using which of the following?Please select the best answer.
 

A.   The revised cost estimate
 

B.   The WBS
 

C.   The cost management plan
 

D.   The chart of accounts
  The correct answer is B. Project resource needs are ideally determined using the WBS.

 

3. Which of the following activities describes in specific terms how something is measured?Please select the best answer.
 

A.   Process control
 

B.   Operational definition
 

C.   Hierarchical system model
 

D.   Quality policy
  The correct answer is B. Operational definitions describe exactly what variable will be measured and how it will be measured.

 

4. You have just completed a project for a client and received a duplicate payment. It was only $500.00, but you believe you were underpaid for your efforts. You decide toPlease select the best answer.
 

A.   Wait for a month to see if the client realizes it made a mistake, then call the client
 

B.   Keep the check as a bonus payment to yourself
 

C.   Inform the client about the duplicate payment right away
 

D.   Use the payment to throw a party for the project team
  The correct answer is C. You should tell the client they paid you twice for the work done and return the check.

 

5. During the first half of the project, five team members left for other projects without being properly replaced. Two team members went on vacation without informing you, and the other team members expressed uncertainty about the work they were to complete. What should you do in managing the second half of the project?Please select the best answer.
 

A.   Create a resource histogram.
 

B.   Develop a WBS.
 

C.   Develop a responsibility matrix.
 

D.   Create a staffing management plan.
  The correct answer is D. A staffing management plan can provide you with accurate staffing information about how and when people will be brought on and released from the project. This plan often includes a resource histogram.

 

6. One of the functions a project manager performs throughout a project is organizing, which includesPlease select the best answer.
 

A.   Assembling the personnel to complete the project
 

B.   Executing the project plan
 

C.   Monitoring project progress
 

D.   Determining the end result of the project
  The correct answer is A. Organizing requires a project manager to assemble the personnel necessary to complete the project.

 

7. The project plan can be used toPlease select the best answer.
 

A.   Document any changes to the project to protect end users
 

B.   Approve or disapprove of project changes
 

C.   Define the steps used to change formal documents
 

D.   Communicate among all stakeholders
  The correct answer is D. All the stakeholders can share information with each other through the project plan.

 

8. Which one of the following is an example of an assumption that you should consider as you develop the project plan?Please select the best answer.
 

A.   Predefined budget
 

B.   Process audits
 

C.   Records of past project performance
 

D.   Specific start date of key personnel
  The correct answer is D. The start dates of key personnel can be information that is assumed to be true or certain.

 

9. In statistical process control, a trait such as size, weight, or volume isPlease select the best answer.
 

A.   An objective
 

B.   A value
 

C.   A variable
 

D.   A random event
  The correct answer is C. A variable is a measured trait, such as size, weight, or volume.

 

10. When a project phase begins before the end of the preceding phase, the project is engaging inPlease select the best answer.
 

A.   Phase exiting
 

B.   Fast tracking
 

C.   Handing off
 

D.   Project management methodology
  The correct answer is B. Fast tracking is the practice of overlapping phases; that is, having one phase begin before the preceding phase has been completed.

 

11. A method of compressing a schedule by rearranging certain activities so that they are executed in parallel isPlease select the best answer.
 

A.   Crashing
 

B.   Fast tracking
 

C.   Resource leveling
 

D.   Decomposition
  The correct answer is B. Fast tracking entails parallel execution of activities that the PM originally planned to occur sequentially.

 

12. The overall intentions and direction of an organization with regard to quality as formally expressed by top management is aPlease select the best answer.
 

A.   Quality constitution
 

B.   Quality statement
 

C.   TQM
 

D.   Quality policy
  The correct answer is D. Quality policy, an input to the Quality Planning process, is “the overall intentions and direction of an organization with regard to quality, as formally expressed by top management,” as defined in ISO 9000.

 

13. Which of the following is the LEAST likely reason to collocate your project team?Please select the best answer.
 

A.   To improve communication
 

B.   To increase teamwork
 

C.   To increase your oversight of all activities
 

D.   To reduce confusion
  The correct answer is C. Though team oversight may be a consideration when you decide to collocate a team, the primary reason to do so is to improve communication, increase teamwork, and reduce confusion.

 

14. While working on a project in another country, you are asked to make a “facilitation” payment so the country officials will issue a work order. You have never heard of this payment and neither have your collegues who previously worked in that country. What should you do?Please select the best answer.
 

A.   Make the payment. You don’t want to lose more time on the project.
 

B.   Ask your organization’s legal counsel whether this payment is legal.
 

C.   Ask the person for proof the payment is required.
 

D.   Don’t make a payment and see what happens.
  The correct answer is B. If you are unsure of the legal requirements of another country, you should seek help from your organization’s legal counsel before taking any action.

 

15. Which of the following is NOT an information-gathering technique for Risk Identification?Please select the best answer.
 

A.   Brainstorming
 

B.   Pareto charts
 

C.   Delphi technique
 

D.   Interviewing
  The correct answer is B. Pareto charts are not considered an information-gathering technique for Risk Identification.

 

16. Which of the following is the sum of all cost estimates for a project?Please select the best answer.
 

A.   Actual costs
 

B.   Budget at completion
 

C.   Planned value
 

D.   Earned value
  The correct answer is B. Budget at completion (BAC) represents the sum of all cost estimates for a project.

 

17. Which of the following are the two process groups associated with Project Cost Management?Please select the best answer.
 

A.   Planning and Executing
 

B.   Executing and Controlling
 

C.   Planning and Close out
 

D.   Planning and Controlling
  The correct answer is D. Planning and controlling are the two process groups associated with Project Cost Management.

 

18. When checking the calendar of a team member to schedule a meeting, you see that she has scheduled a meeting with a key stakeholder. You were not informed of this meeting. The best approach would be to do which of the following?Please select the best answer.
 

A.   Schedule a meeting with the stakeholder after the team member to learn what was said.
 

B.   Ignore the scheduled meeting since it’s none of your business what your team members do.
 

C.   Address your concern directly with the team member.
 

D.   Talk to other team members to see if they know what is going on with that team member.
  The correct answer is C. The best approach is to address your concern with the team member before talking to anyone else.

 

19. According to the project plan, a contractor is scheduled to deliver some software components at the end of the day. A regular payment is due to be made to this contractor tomorrow. The project team received a note this morning informing them that the software delivery will be delayed by 2 weeks. How should the project management team react?Please select the best answer.
 

A.   The project management team should delay payment for 2 weeks.
 

B.   The project management team should immediately find a different contractor.
 

C.   The project management team should conduct a meeting with the contractor to resolve the delivery issues before making the payment.
 

D.   The project management team should make the payment and reschedule the project plan.
  The correct answer is C. The best option in this situation is to meet with the seller to resolve the delivery issues and discuss payment options.

 

20 An input to the Scope Planning process in Project Scope Management isPlease select the best answer.
 

A.   A project schedule
 

B.   A product description
 

C.   Historical information
 

D.   A strategic plan
  The correct answer is B. According to the PMBOK®, the product description is an input to the Scope Planning process.

 

21.

What type of contract provides the least amount of risk for the buyer when the product is well-defined?

Please select the best answer.
 
A.   Cost reimbursable (CR)
 
B.   Time and materials (T&M)
 
C.   Fixed price (FP)
 
D.   Unit price (UP)
  The correct answer is C. FP contracts provide the least amount of risk for the buyer when the product is well-defined.

 

22.

What process consists of documenting project results to formalize acceptance of the project or its product by the sponsor or customer?

Please select the best answer.
 
A.   Administrative Closure
 
B.   Project Closeout
 
C.   Phase Termination
 
D.   Phase Completion
  The correct answer is A. Administrative Closure is the process of documenting project results to formalize acceptance of the project or its product by the sponsor or customer.

 

23.

During which project management process is an order-of-magnitude estimate normally created?

Please select the best answer.
 
A.   Execution
 
B.   Initiating
 
C.   Planning
 
D.   Closeout
  The correct answer is B. Order-of-magnitude estimating occurs during the initiating process.

 

24.

Which of the following BEST describes forecasting?

Please select the best answer.
 
A.   Having a gut feeling for the future because of past events
 
B.   Predicting future project status and progress
 
C.   Understanding of statistical models
 
D.   Obtaining input from the project manager
  The correct answer is B. Forecasting is the technique of predicting future project status and progress.

 

25.

Your project team consists of nine members who must interact regularly. How many communication channels does the team have?

Please select the best answer.
 
A.   9
 
B.   18
 
C.   27
 
D.   36
  The correct answer is D. Based on the formula for calculating communication channels, a team of nine members has 36 communication channels.

 

26.

Which of the following is not an output of project Initiation in Project Scope Management?

Please select the best answer.
 
A.   Project manager identified and assigned
 
B.   Project charter
 
C.   Strategic plan
 
D.   Constraints and assumptions
  The correct answer is C. According to the PMBOK®, the outputs of project Initiation are the identification of a project manager, a project charter, and the identification of the possible constraints and assumptions.

 

27.

To network effectively and to learn more project management skills, you should

Please select the best answer.
 
A.   Contact all the project managers who work in your organization
 
B.   Contact all the PMI certified project managers
 
C.   Contact both internal and external project managers
 
D.   Attend project management classes and meet people
  The correct answer is C. You should get in touch with both project managers within your organization and outside your organization to improve your skills and broaden your knowledge base.

 

28

Which of the following statements concerning a scope statement is TRUE?

Please select the best answer.
 
A.   Scope statement and statement of work are synonymous.
 
B.   The scope statement provides a foundation for making future project decisions and for developing common understanding of the project scope among stakeholders.
 
C.   Once written, the scope statement should never be revised.
 
D.   Project justification and project objectives are not included or referenced in the scope statement.
  The correct answer is B. According to the PMBOK®, the scope statement provides a foundation for making future project decisions and for developing common understanding of the project scope among stakeholders.

 

29.

Which one of the following specifies the expected cost of a project based on actual project performance to date?

Please select the best answer.
 
A.   Budgeted cost of work scheduled (PV)
 
B.   Actual cost of work performed (AC)
 
C.   Estimate at completion (EAC)
 
D.   Budget at completion (BAC)
  The correct answer is C. The EAC specifies the expected cost of a project based on actual project performance to date.

 

30.

Which of the following is not a tool or technique used in Quantitative Risk Analysis?

Please select the best answer.
 
A.   Contingency planning
 
B.   Simulation
 
C.   Decision trees
 
D.   Interviewing
  The correct answer is A. Contingency planning is the development of a management plan that describes backup strategies to use in case a risk occurs.


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