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PMP for Newbies (Part Two)

May 11th, 2007 · No Comments







 

1. PERT uses three time estimates to arrive at a single best estimate for each activity: optimistic (O), pessimistic (P), and most likely (M). The formula for computing the PERT estimate isPlease select the best answer.
 
A.   Expected duration = (O + 4m + P) / 4
 
B.   Expected duration = (O + 5m + P) / 6
 
C.   Expected duration = (O + 4m + P) / 6
 
D.   Expected duration = (O + m + P) / 4
  The correct answer is C. The formula for computing the PERT expected activity duration is (O + 4m + P) / 6.

 

2. As a PMP®, you will be required to comply with the Project Management Professional Code of Conduct. This code refers to all of the following EXCEPTPlease select the best answer.
 
A.   Complying with rules and all legal requirements
 
B.   Reporting conflicts of interest
 
C.   Reporting experience and PMP status truthfully
 
D.   Complying with all stakeholder requirements
  The correct answer is D. As a good project manager, you may want to comply with stakeholder requirements, but the code of conduct does not require that you do so.

 

3. The best way to ensure that project team members’ skills are improving is toPlease select the best answer.
 
A.   Talk to them about their performance
 
B.   Develop metrics to assess skill progress
 
C.   Apply problem-solving techniques
 
D.   Communicate with their functional managers
  The correct answer is B. Project performance improvements can be measured and provide objective information about progress.

 

4. When entering into a contract, it is often assumed that work will be performed as specified and that no disputes will be raised during the performance period. On the contrary, it is better to assume that there will be disputes and include a procedure in the contract as to the means for dispute resolution becausePlease select the best answer.
 
A.   It is more economical to resolve disputes as soon as claims are made and before time and effort are wasted
 
B.   The tracking of claims is important for the best “win” position during subsequent litigation
 
C.   Disputes must be brought before the National Contract Arbitration Board to obtain equitable resolution
 
D.   There will be a hostile relationship between the contract participants once the contract is signed
  The correct answer is A. It is generally more economical to resolve disputes as soon as claims are made and before time and effort are wasted.

 

5. Ground rules for project team building consist of all the following EXCEPTPlease select the best answer.
 
A.   Use delegation to ensure commitment
 
B.   Prohibit conflict and competition
 
C.   Hire the best people possible
 
D.   Obtain team agreement on all major actions
  The correct answer is B. Prohibiting conflict and competition is not a ground rule for project team building.

 

6. The difference between the earned value (EV) and the planned value (PV) isPlease select the best answer.
 
A.   The cost variance
 
B.   The schedule variance
 
C.   The actual cost of the work performed
 
D.   The estimate of completion
  The correct answer is B. Schedule variance (SV) represents the difference between the value of work performed (EV) and the planned value of work (PV).

 

7. You are using earned value progress reporting for your current project in an effort to teach your software developers the benefits of earned value. You plan to display project results so that the team knows how the project is progressing. PV = $5,300 EV = $4,700 AC = $5,900 BAC = $10,000 What is the EAC for this project?Please select the best answer.
 
A.   $4,100
 
B.   $10,000
 
C.   $10,600
 
D.   $12,500
  The correct answer is D. First, you must determine the CPI for the project. $4,700 (EV)/$5,900 (AC) = .796 (CPI, rounded up to .8). $10,000 (BAC)/.8 (CPI) = $12,500 (EAC).

 

8. What is the sole output of the Quality Assurance process?Please select the best answer.
 
A.   Quality improvement
 
B.   Rework
 
C.   Control charts
 
D.   Quality policy
  The correct answer is A. Quality improvement is the output of the Quality Assurance process.

 

9. If you bring the project back in line with the project plan, you are taking what kind of action?Please select the best answer.
 
A.   Corrective action
 
B.   Preventive action
 
C.   Change action
 
D.   Retroactive action
  The correct answer is A. Corrective action is defined as anything done to bring the project back in line with the project plan. Corrective action is the day-to-day response to the obstacles and problems a project may encounter.

 

10. A risk response that involves eliminating a threat is calledPlease select the best answer.
 
A.   Transfer
 
B.   Avoidance
 
C.   Mitigation
 
D.   Deflection
  The correct answer is B. Risk avoidance involves changing the project plan to eliminate the risk.

 

11.

You are doing a PERT analysis on the budget of a small construction project. The project will most likely cost $500,000. In a best-case scenario, the project would cost $400,000; in the worst case, it could cost $1,200,000. What is the expected cost estimate for this project?

Please select the best answer.
 
A.   $650,000
 
B.   $600,000
 
C.   $800,000
 
D.   $700,000
  The correct answer is B. Expected cost =
(Co+4Cm+Cp)/6
Ce= (400,000+4(500,000)+(1200,000)/6
Ce= 600,000

 

12.

Within the PMBOK® Project Time Management knowledge area, the inputs to Schedule Control include

Please select the best answer.
 
A.   Cost baseline
 
B.   Variance analysis
 
C.   Schedule change control system
 
D.   Project schedule
  The correct answer is D. The project schedule is one of the inputs to the Schedule Control process.

 

13.

When you have identified the risks on a project during the Risk Identification process in the Project Risk Management knowledge area, what is the next thing you should do?

Please select the best answer.
 
A.   Monitor the risks.
 
B.   Create risk responses.
 
C.   Determine a risk management plan.
 
D.   Find out the risk probability and impact.
  The correct answer is D. Once you have identified risks, you should determine the probability and impact of the risks before you begin to prioritize them.

 

14.

The ability of the stakeholders to influence the final characteristics of the project’s product and the final cost of the project is greatest at what stage?

Please select the best answer.
 
A.   At the beginning of the project
 
B.   During project execution
 
C.   During project controlling
 
D.   During project closeout
  The correct answer is A. Stakeholders have the most influence over the final characteristics of a project and its costs at the beginning of the project.

 

15.

Which of the following is the project team responsible for during the Solicitation Planning process?

Please select the best answer.
 
A.   Specifying schedule parameters of the key deliverables
 
B.   Completing a make-or-buy analysis
 
C.   Developing the specifications for the solicitation
 
D.   Developing the procurement documents
  The correct answer is D. During the Solicitation Planning process, the project team is responsible for developing the project procurement documents.

 

16.

During the Scope Definition phase in Project Scope Management, all of the following occur EXCEPT for

Please select the best answer.
 
A.   Using the decomposition technique that progressively elaborates project deliverables
 
B.   Deconstructing major project deliverables into small, manageable components
 
C.   Creating a detailed project charter
 
D.   Identifying a baseline for performance measurement and control
  The correct answer is C. The project charter is created during the Initiation phase.

 

17.

Which of the following best describes an Organizational Breakdown Structure (OBS) in the Scope Definition phase in Project Scope Management?

Please select the best answer.
 
A.   Defines the reporting and timeliness of information
 
B.   Ensures that all work within a project is identified and defined within a common framework
 
C.   Shows the organization of the people who are responsible for certain work components
 
D.   Drills down to the individual levels of the WBS
  The correct answer is C. The OBS shows who is responsible for certain work components.

 

18.

Which of the following is usually a result of fast tracking a project?

Please select the best answer.
 
A.   Cost overrun
 
B.   Activity durations will have to be compressed
 
C.   Working smarter, not harder
 
D.   Increased risk
  The correct answer is D. Fast tracking a project usually introduces or increases risk, and therefore requires increased communication.

 

19.

Which tool or technique is used in the Schedule Development process of time management to calculate theoretical early and late start and finish dates for all project activities?

Please select the best answer.
 
A.   Duration compression
 
B.   Activity duration estimates
 
C.   Resource pool description
 
D.   Mathematical analysis
  The correct answer is D. Mathematical analysis is used to calculate early and late start and finish dates for all project activities during Schedule Development.

 

20.

You are about 30 percent through a project. In reviewing the product requirements, you realize that one of the product functionalities has been omitted in the project plan. What is the first thing you should do at this point?

Please select the best answer.
 
A.   Submit a change request and seek approval to rebaseline the project.
 
B.   Communicate the error to senior management so it is not surprised later.
 
C.   Negotiate with the client for a new delivery date based on the revised schedule.
 
D.   Update the project schedule and budget to reflect the necessary changes.
  The correct answer is A. At this point in the project cycle, you must submit a change request to the change control board and rebaseline the project.

 

21.

The basic elements of effective communication include which of the following?

Please select the best answer.
 
A.   Sender, encoding, message, medium, decoding, receiver, and feedback
 
B.   Listening, talking, and sign language
 
C.   Reading, writing, and listening
 
D.   Clarity of speech and good listening habits
  The correct answer is A. Basic elements of communication include the sender, encoding, message, medium, decoding, receiver, and feedback.

 

22.

You are looking at a task that will most likely take 5 days to complete. You think the task might take 4 days to complete if the person working on it is not disrupted. However, if the person is disturbed frequently, the task may take 10 days. What is the standard deviation?

Please select the best answer.
 
A.   15 hours
 
B.   1.45 days
 
C.   1 day
 
D.   2 days
  The correct answer is C. Standard deviation = (Tp-To)/6
(10-4)/6 = 1 day

 

23.

You have been a project manager for many years and have just started a new job at a large company. The project managers at this company seem to know all the newest tools and skills to manage projects. How should you handle this new work environment?

Please select the best answer.
 
A.   Quit the job. You don’t have the experience to work there.
 
B.   Find out how you can learn more about the new tools and skills.
 
C.   Complain to your peers.
 
D.   Talk to your manager about your concerns.
  The correct answer is B. You should try to learn these tools. You can also ask your peers to share the skills and knowledge with you.

 

24.

Which of the following is closest to Joseph M. Juran’s definition of quality?

Please select the best answer.
 
A.   Fitness for use
 
B.   Conformance to requirements
 
C.   Customer focus
 
D.   Continuous improvement
  The correct answer is A. In addition to developing the Juran trilogy and the ten steps to quality improvement, Dr. Juran recognized the importance of products being fit for customers’ use.

 

25.

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.

 

26.

A collection of formal, documented procedures that define how project documents may be changed in Integrated Change Control is also known as

Please select the best answer.
 
A.   Lessons learned
 
B.   Configuration management
 
C.   Change control system
 
D.   Corrective actions
  The correct answer is C. Integrated Change Control requires a change control system that consists of formal documented procedures that define the steps used to change formal documents.

 

27.

Which of the following is a tool or technique used in Project Plan Execution to exchange information about the project?

Please select the best answer.
 
A.   Work authorization system
 
B.   Organizational procedures
 
C.   Change requests
 
D.   Status review meetings
  The correct answer is D. Status review meetings are used to exchange information between team members about the project.

 

28.

If the probability of a risk occurring is high (0.65) and the impact is low (0.2), what is the overall risk score?

Please select the best answer.
 
A.   0.45
 
B.   3.25
 
C.   0.13
 
D.   0.85
  The correct answer is C. The risk score is determined by multiplying the probability by the impact (0.65 * 0.20= 0.13).

 

29

A ___________________ is designed to make everyone aware of the details of the project, to open up channels of communication, and to build teamwork and familiarity among project stakeholders.

Please select the best answer.
 
A.   Project communications plan
 
B.   Project resource plan
 
C.   Project kickoff meeting
 
D.   Project scope management plan
  The correct answer is C. A project kickoff meeting is designed to make everyone aware of the details of the project, to open up channels of communication, and to build teamwork and familiarity among project stakeholders.

 

30.

Which of the following is a statistical technique that helps identify which factors might influence specific variables?

Please select the best answer.
 
A.   Contemporaneous scheduling
 
B.   Design of experiments
 
C.   Benchmarking
 
D.   Critical path method
  The correct answer is B. To statistically test the quality of products and to evaluate project management issues, experiments are designed during the Quality Planning process.


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