PMP EXAM

Framework and Integration

100

What are the 5 process groups used by PMI methodology? A)Initiating, Planning, Executing, Monitoring and Controlling, Closing B) Initiating, Planning, Executing, Testing, Sign off C) Requirements, System Development, Testing, UAT, sign off D) Initiating, Planning, Executing, Testing, Closure.

A) Initiating, Panning, Executing, Monitoring, Controllling, Closing "Project management life cycle."

200

Which of the following is an example of a functional organization? A) Having a home to go to when the project is complete. B) Not having a home when the project is complete. C) Having more than one project to work on D) Having more than one boss

A) Having a home to go to when the project is complete.

300

John Smith is a Project Manager for XYZ consultants. He has been asked to help choose one of the four potential project candidates. The management used Payback period technique for project selection. Which of the following projects should John recommend to the management. A) Building an apartment. Project involves making an investment of $200,000. After six months, there will be monthly rental returns of $5000. B) Building a bridge. Project involves making an investment of $1,000,000. After two years, there will be monthly returns via toll for the bridge of $50,000. C) Building a house. Project involves making an investment of $500,000. After one year, there will be monthly rental returns of $10,000. D) Building a school. Project involves making an investment of $500,000. After one year, there will be monthly returns via school fees of $50,000.

D) For option A, 46 months is the payback period. For option B, 44 months is the payback period. For option C, 62 months is the payback period. For option D, 22 months is the payback period. Building a school has the minimum payback period.

400

Chris is performing Earned Value technique on the project that she is managing. PV=200 EV=175 AC=150 What is CPI? A) 1.33 B) 0.75 C) 1.14 D) 1.16

D. Cost Performance Index = (Earned Value)/(Actual cost)

500

Chris is performing Earned Value technique on the project that she is managing. PV=200 EV=175 AC=150 What is the schedule variance? A) 25 B) -25 C) 50 D) -50

B. Schedule variance is equal to Earned value - Planned value.

Scope and Time

100

Completion of a product scope is measured against: A. Product Management Plan B. Project Management Plan C. WBS & WBS Dictionary D. Product Requirements

C.

200

Which of the following can be BEST described as a characteristic of Work Package? A. May or may not be cost estimated B. Can be scheduled C. Can be further decomposed into work packages D. May be monitored subject to nature of the project

B. Work Package is the lowest level in the WBS, and is the point, at which it can be reliably scheduled, cost estimated, monitored and controlled.

300

Activity Definition is typically performed by which of the following: A. Project Manager who created the WBS B. Project Team Members responsible for the work package C. Project Officer D. Project Stakeholder

Answer: B

400

Following can be BEST described as a kind of dependency that can create arbitrary float values and limit scheduling options: A. Mandatory dependency B. Discretionary dependency C. Start-to-Finish dependency D. External dependency

Answer: B

500

28. Using the listing presented below, match the figure descriptions with their meanings in reference to an AOA diagram. rounded rectangle I node tail of arrow J node head of arrow event dotted tail of arrow activity solid arrow activity A 1-b, 2-d, 3-a, 4-a, 5-e B 1-c, 2-a, 3-b, 4-e, 5-d C 1-d, 2-e, 3-b, 4-a, 5-c D 1-d, 2-a, 3-b, 4-d, 5-e

B.

Cost and Quality

100

Reserve Analysis a technique NOT used in: A Cost Estimate Costs B Determine Budget C Control Costs D Estimate Activity Duration

C

200

A particular project in the domain of civil construction requires that every on-site worker be insured. Which of the following inputs BEST conveys this requirement to the Cost Estimation process so that the insurance cost is estimated and subsequently budgeted? A Enterprise Environmental Factor B Organizational Process Assets C Project Scope Statement D Project Management Plan

C. Project Scope Statement usually contains assumptions and constraints.

300

What is the BEST way to make an accurate forecasting of ETC? A Manual Forecasting of cost of remaining work. B BAC – EV C (BAC – EV)/CPI D EAC - AC

A

400

A Pareto diagram can be best described as: A Cause and Effect Diagram B Scatter Chart C Control Chart D Histogram

D. Note that Pareto diagram is not the best tool for root-cause analysis. It mainly helps the project management team to quantify and categories the defects/issues according to sources (e.g. engineering defects, acoustic defects, setup problems, etc)

500

A planning phase for an engineering component generated 80 engineering drawings. The QA team randomly selected 8 drawings for inspection. This exercise can BEST be described as example of: A Inspection B Statistical Sampling C Flowcharting D Control Charting

B. "Inspection” is what the team is doing on individual drawings; however, the entire exercise of random selection and inspecting a work product is known as “Statistical Sampling”

Human resource and communications

100

You are newly appointed as a project manager of an ongoing project. You want to see the role, authority, responsibility and competencies of all the resources working in the project. Which of the following document lists all the above information? 1.Scope statement 2.Project Charter 3.Human Resource Plan 4.WBS

Correct Answers are : 3 Explanation : Human Resource Plan lists role, authority, responsibility and competencies of all the resources working in the project.

200

A resolution that makes all parties unhappy is called _______. 1.Collaborative 2.Compromising 3.Strategic 4.All of the above

Correct Answers are : 1 Explanation : It is important that you do not compromise when working on a conflict. Compromise is likely to make all parties unhappy and will not solve the conflict. Conflict Management: Successful conflict management results in greater productivity and positive working relationships.

300

Which of the following process is not included in project communication knowledge area? A Documenting Project Closure B Plam Communications C Distribute Information D Managing Stakeholder Expectations

a. Document Project Closure is not a process in Project communication knowledge area.

400

The process of Manage Stakeholders Expectations is part of which process group? A Planning B Monitoring and Control C Executing D Initiating

c. Manage Stakeholder Expectations is part of executing process group.

500

The project you are managing has nine stakeholders. How many channel of communications are there between these stakeholders? A 9 B 8 C 45 D 36

d. There will be (9*8)/2 channel of communication

Risk and Procurement

100

During which stage of Risk planning are risks prioritized based on probability and impact? A Identify Risks B Plan Risk responses C Perform Qualitative risk analysis D Perform Quantitative risk analysis

c. Risk probability and impact are defined during Qualitative risk analysis.

200

Five of the processes in Project Risk Management are from which process group? A Initiating B Planning C Executing D Monitoring and Control

b. Five of the six processes in Project Risk Management are part of the Planning process group.

300

Mathew is a Project Manager for software migration at a bank. A major risk that has been identified is attrition of resources. As a strategy to respond to this risk, Mathew, with support from Senior Management, provides good increments to his team members. What type of risk response is Mathew following? A Accept B Avoid C Transfer D Mitigate

d. Mathew is mitigating the risk by reducing the probability of risk happening

400

Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy? A Purchase Order B Cost plus Fee C Fixed cost D Time and Material

D. This is a case of Staff Augmentation. These projects are managed in Time and Material.

500

Alice is a Project Manager. She is coordinating a bidder conference to allow vendors to get clarification on the work that needs to be performed. Which phase of Project Management is in progress. A Conduct Procurements B Plan Procurements C Administer Procurements D Close Procurements

A. During the Conduct Procurements process, bidders can clarify their doubts using bidder conference.