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PMP for Newbies (Part Six)

January 12th, 2007 · No Comments







1. Which of the following is a document used to ask for a price and a method of meeting requirements?Please select the best answer.
 

A.   RFP
 

B.   IFB
 

C.   Invitation for negotiation
 

D.   RFQ
  The correct answer is A. An RFP is a document used to ask for a price and a method of meeting requirements.

 

2. Why is a scope statement important in Project Scope Management?Please select the best answer.
 

A.   It provides a brief summary of the project.
 

B.   It provides the basis for making future project decisions.
 

C.   It provides criteria for measuring project cost.
 

D.   It approves the project for the stakeholders.
  The correct answer is B. The scope statement is necessary because it provides the basis for any decision making for future projects.

 

3. Future events or outcomes that are uncertain arePlease select the best answer.
 

A.   Surprises
 

B.   Contingencies
 

C.   Risks
 

D.   Opportunities
  The correct answer is C. Risks are future events that can result in positive or negative effects on project objectives.

 

4. One of the Project Scope Management processes isPlease select the best answer.
 

A.   Resource planning
 

B.   Initiation
 

C.   Performance reporting
 

D.   Contract closeout
  The correct answer is B. Initiation is a process in Project Scope Management.

 

5. During which stage of negotiation are points of concession identified?Please select the best answer.
 

A.   Agreement
 

B.   Probing
 

C.   Scratch bargaining
 

D.   Closure
  The correct answer is C. Points of negotiation are identified during scratch bargaining.

 

6. What are the most effective forms of power that a project manager can use?Please select the best answer.
 

A.   Expert and reward
 

B.   Formal and expert
 

C.   Penalty and referent
 

D.   Referent and reward
  The correct answer is A. The most effective forms of power are expert (which is derived from reputation, knowledge, and experience) and reward (the ability to give people something of value in exchange for their cooperation).

 

7. In which time management process does the project manager compute start and finish dates for all activities in the project?Please select the best answer.
 

A.   Activity Duration Estimating
 

B.   Schedule Development
 

C.   Activity Sequencing
 

D.   Schedule Control
  The correct answer is B. With activity sequences, activity durations, and resource requirements estimated during other processes, the PM can estimate start and end dates for each activity.

 

8. Which of the following documents contains the following: type of contract to be used, vendor management protocols, and procurement coordination?Please select the best answer.
 

A.   Procurement documents
 

B.   Solicitation package
 

C.   Statement of work
 

D.   Procurement management plan
  The correct answer is D. The procurement management plan contains the type of contract to be used, vendor management protocols, and procurement coordination.

 

9. What does the bill of materials (BOM) in the Scope Definition phase do?Please select the best answer.
 

A.   Illustrates the hierarchical breakdown of product components
 

B.   Defines which individuals the work components are assigned to
 

C.   Defines the level of reporting that the seller will provide the buyer
 

D.   Defines what type of work and service is to be done.
  The correct answer is A. The Bill of materials (BOM) illustrates the hierarchical breakdown of product components.

 

10. During the Initiation process in Project Scope Management, constrained optimization methods of project selection may includePlease select the best answer.
 

A.   Benefit/cost ratios for finance
 

B.   Subjective computer-based simulation analysis
 

C.   Decision trees
 

D.   Scoring models for procurement
  The correct answer is C. According to the PMBOK®, constrained optimization methods include decision trees.

 

11. During proposal evaluation, the buyer believes the proposed team consists of some individuals who do not have required qualifications and suggests to the seller that these individuals be replaced. What should the seller do?Please select the best answer.
 

A.   Immediately make changes to follow the buyer’s suggestions even if the seller believes the replacements are less qualified.
 

B.   Disregard the buyer’s suggestions unless they preclude the seller from obtaining the contract.
 

C.   Tell the buyer that personnel working on the contract are not the buyer’s responsibility and make no changes.
 

D.   Discuss the suggestions with the buyer and clarify the qualifications of individuals prior to making a change.
  The correct answer is D. Discussing the buyer’s critiques and suggestions is the best way to ensure that the buyer’s expectations are being met.

 

12. Which of the following conditions is not required for a contract to be regarded as a legal and binding document?Please select the best answer.
 

A.   Contract capacity
 

B.   Legal purpose in a form provided by law
 

C.   Mutual agreement
 

D.   Fixed monetary value
  The correct answer is D. For a contract to be regarded as legal and binding, it needs to identify the contract capacity, the legal purpose of the contract, and a mutual agreement between parties.

 

13. One of the outputs of the quality management process Quality Planning is a quality management plan, which describes all the following EXCEPTPlease select the best answer.
 

A.   The project quality system
 

B.   The method for implementing the quality policy
 

C.   The organizational structure, responsibilities, procedures, processes, and resources needed to implement Project Quality Management
 

D.   Procedures used to conduct quality analyses between cost and schedule
  The correct answer is D. The quality management plan does not include procedures used to conduct quality analyses between cost and schedule.

 

14. Which of the following tools and techniques is part of Risk Management Planning in the Project Risk Management knowledge area?Please select the best answer.
 

A.   Diagramming techniques
 

B.   Documentation review
 

C.   Risk planning meetings
 

D.   Data precision rankings
  The correct answer is C. Risk planning meetings are team meetings held to develop the risk management plan.

 

15. Which of the following represents a constraint in the Staff Acquisition process?Please select the best answer.
 

A.   Preassignment of staff to the project
 

B.   Team member training requirements
 

C.   Recruitment practices of the organizations involved
 

D.   Use of outsourcing to free up resources
  The correct answer is C. Specific recruitment practices can be a constraint in the Staff Acquisition process.

 

16. According to the PMBOK® Guide, what is a meeting with prospective sellers prior to preparation of a proposal called?Please select the best answer.
 

A.   Negotiation
 

B.   Solicitation
 

C.   Scoping
 

D.   Bidder conference
  The correct answer is D. A bidder conference is a meeting with prospective sellers to clarify the scope of work and allow sellers to ask questions.

 

17. Which of the following are the major processes of Project Integration Management?Please select the best answer.
 

A.   Project Plan Development, Project Plan Execution, Integrated Change Control
 

B.   Project Scope Planning, Project Scope Execution, Project Scope Change Control
 

C.   Project Quality Planning, Project Quality Execution, Project Quality Change Control
 

D.   Risk Identification, Risk Response Planning, Risk Monitoring and Control
  The correct answer is A. Project Integration Management involves integrating the Project Plan Development, Plan Execution, and Integrated Change Control processes.

 

18. You are trying to help project managers in your organization understand the project management process groups and the project management life cycle. Many of them are confusing the project life cycle with the project management life cycle. Which of the following identifies the difference between these two life cycles?Please select the best answer.
 

A.   The project management life cycle is longer.
 

B.   The project life cycle describes what you need to do to do complete the work.
 

C.   The project management life cycle applies only to some projects.
 

D.   The project life cycle is created based on the top level of the Work Breakdown Structure.
  The correct answer is B. The project life cycle describes what needs to be done to complete the work on a project, whereas the project management life cycle describes what a project manager needs to do to manage a project.

 

19. There are over 30 stakeholders in 3 countries on your project. Which of the following is the MOST important thing to keep in mind?Please select the best answer.
 

A.   There will be over 100 communication channels.
 

B.   Many competing needs and objectives must be satisfied.
 

C.   There must be one sponsor from each country.
 

D.   Conflicts of interest are too complicated to address.
  The correct answer is B. You have to take into account all of the stakeholders’ needs and objectives and try to meet those needs.

 

20. What are the project closing processes called?Please select the best answer.
 

A.   Contract Closeout and Administrative Closure
 

B.   Contract Closeout and Scope Verification
 

C.   Project Closure and Product Verification
 

D.   Project Closure and Lessons Learned
  The correct answer is A. Contract Closeout and Administrative Closure are the two closing processes.

 

21.

How much time is allotted to a milestone in a project schedule?

Please select the best answer.
 
A.   One full workday
 
B.   One work unit
 
C.   One person-hour
 
D.   None
  The correct answer is D. Milestones are activities with zero duration.

 

22.

The customer on a project tells you he has run out of money to pay for the project. Which of the following should you do first?

Please select the best answer.
 
A.   Stop the work temporarily until the customer gets more funds
 
B.   Stop the project completely
 
C.   Release part of your project team
 
D.   Reduce the scope of work and begin closure
  The correct answer is C. You have to address the competing needs of the organization, which is getting payment for the work completed and the customer’s needs, which is getting what he paid for.

 

23.

The goal of project communication is to make sure all parties involved in a project have the information they need to

Please select the best answer.
 
A.   Know their specific tasks without understanding the project as a whole
 
B.   Recognize the other project stakeholders
 
C.   Fulfill their responsibilities on the project
 
D.   Keep management aware of the activities of project team members
  The correct answer is C. The goal of project communication is to make sure all parties involved in a project have the information they need to fulfill their responsibilities on the project.

 

24.

According to the PMBOK®, Cost Control is most concerned with which of the following?

Please select the best answer.
 
A.   Determining needed physical resources
 
B.   Creating cost estimates
 
C.   Managing changes when they occur
 
D.   Analyzing resource pools
  The correct answer is C. According to the PMBOK, Cost Control is concerned with managing changes when they occur.

 

25.

As a project manager, you are allocating project costs related to training and training materials. This type of expense should be considered a

Please select the best answer.
 
A.   Direct cost
 
B.   Hidden cost
 
C.   Sunk cost
 
D.   Indirect cost
  The correct answer is A. Training costs are direct costs because they are directly attributable to the specific project.

 

26.

Differences between stakeholders in a project should generally be resolved in favor of which group?

Please select the best answer.
 
A.   Team members
 
B.   Project sponsers
 
C.   Customers
 
D.   The senior stakeholder
  The correct answer is C. According to the PMBOK® Guide, differences between stakeholders should generally be resolved in favor of the customer. However, the needs and expectations of the other stakeholders should not be disregarded in such a situation.

 

27.

Which of the following processes in the Project Risk Management knowledge area is used to determine risks that might affect the project?

Please select the best answer.
 
A.   Qualitative Risk Analysis
 
B.   Risk Response Planning
 
C.   Risk Identification
 
D.   Risk Management Planning
  The correct answer is C. Risk Identification is the process of determining which risk events are likely to have an impact on the project and documenting their characteristics.

 

28.

Which of the following statements best describes statistical sampling?

Please select the best answer.
 
A.   It is an output of the Quality Assurance process.
 
B.   It illustrates relationships among elements within systems.
 
C.   It verifies that certain project activities have been performed.
 
D.   It is the random selection of part of a population for testing.
  The correct answer is D. Statistical sampling is the random selection of part of a population for testing.

 

29

Stakeholder acceptance of the project scope is crucial to what process of Project Scope Management?

Please select the best answer.
 
A.   Scope Planning
 
B.   Initiation
 
C.   Scope Verification
 
D.   Implementation
  The correct answer is C. Scope Verification relies on stakeholder acceptance of the project scope to move forward with the next phase of the project.

 

30.

Project Cost Management includes which of the following processes?

Please select the best answer.
 
A.   PERT charting, Planning, Cost Estimating, Cost Budgeting
 
B.   Resource Leveling, Estimating Duration, Cost Control
 
C.   Resource Planning, Cost Estimating, Cost Budgeting
 
D.   Resource Assignment, Scheduling Monitoring, Cost Budgeting
  The correct answer is C. Resource Planning, Cost Estimating, and Cost Budgeting are all processes that are part of Project Cost Management.

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