Process Groups
Abbreviations
Formulas
Process Sequences
Ethics
100

What is generally the longest Process Group involving the most work?

A. Initiation

B.  Planning

C.  Execution

D.  Monitor and Control

C.  Execution
100

SWOT?

A. Secure, Write, Offer and Transition.

B. Strength, Weakness, Opportunity and Threat.

C. Stakeholder, Weakness, Opportunity and Threat.

D. Sponsor, Weakness, Opportunity and Target.

B. Strength, Weakness, Opportunity and Threat.

100

N (N-1) where N is the number of stakeholders is the formula for:

A. Stakeholder power.

B. Communication channels.

C. Power index.

D. Project size.

B. Communication channels.

100

Which is the correct order for the processes?

A. Plan Scope Management, Collect Requirements, Define Scope and Create WBS.

B. Create WBS, Define Scope, Collect Requirements, and Plan Scope Management.

C. Collect Requirements, Define Scope, Create WBS and Plan Scope Management.

D. Define Scope, Collect Requirements, Create WBS and Plan Scope Management.

A. Plan Scope Management, Collect Requirements, Define Scope and Create WBS.

100

Who must follow the PMI Code of Ethics and Professional Conduct?

A. Project Manager.

B. Project Team.

C. Stakeholders.

D. All of the above.

D. All of the above.

200

In what Process Group is the Charter created?

A. Initiation

B. Planning

C. Execution

D. Monitor and Control

A.  Initiation
200

RACI?

A. Responsible, Accountable, Consulted, and Informed.

B. Reasonable, Angry, Confused, and Intelligent.

C. Responsible, Accessible, Controlled, and Informed.

D. Reasonable, Accountable, Consulted, and Involved.

A. Responsible, Accountable, Consulted, and Informed.

200

The formula for Cost Variance (CV) is:

A. CV = EV – AC

B. CV = AC - EV

C. CV = EV / AC

D. CV = GV - FX

A. CV = EV – AC

200

Which is the correct order for the processes?

A. Plan Risk Management, Identify Risks, Perform Risk Analysis, Plan Risk Responses.

B. Plan Risk Management, Identify Risks, Perform Quantitative Risk Analysis, Perform Qualitative Risk Analysis, and Plan Risk Responses.

C. Identify Risks, Plan Risk Responses, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and Plan Risk Management.

D. Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and Plan Risk Responses.

D. Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, and Plan Risk Responses.

200

What is the vision and purpose of the PMI Code of Ethics and Professional Conduct?

A. Must be committed to doing what is right and honorably setting high standards for project management professionals.

B. Expresses the ideals project managers are expected to aspire and the behaviors that are expected of a professional.

C. Aids in making wise decisions when faced with difficult situations where you may be asked to compromise your integrity or values.

D. All of the above.

D. All of the above.

300

Which Process Group has the most processes?

A. Planning

B. Closing

C. Execution

D. Monitor and Control

A.  Planning
300

BCR?

A. Budget Cost of Resources.

B. Budget Cost Ratio.

C. Benefit Cost Ratio.

D. Budget Calculation Request.

C. Benefit Cost Ratio.

300

The formula for Schedule Performance Index (SPI) is:

A. SPI = EV x PV

B. SPI = AC / RC

C. SPI = PV – EV

D. SPI = EV / PV

D. SPI = EV / PV

300

Which is the correct order for the processes?

A. Determine Budget, Estimate Costs, and Plan Cost Management.

B. Plan Cost Management, Estimate Costs, and Determine Budget.

C. Estimate Costs, Determine Budget, and Plan Cost Management.

D. Determine Budget, Plan Cost Management, Estimate Costs.

B. Plan Cost Management, Estimate Costs, and Determine Budget.

300

Which area of the PMI Code of Ethics and Professional Conduct is defined as our duty to make decisions and act impartially and objectively. Our conduct must be free from competing self interest, prejudice, and favoritism?

A. Responsibility.

B. Respect.

C. Fairness.

D. Honesty.

C. Fairness.

400

Which Process Group looks backward over previous work results and the plan but corrective actions, which often result from these processes, are forward looking.

A. Planning

B. Closing

C. Execution

D. Monitor and Control

D.  Monitor and Control
400

BAC?

A. Budget Access Cost.

B. Budget At Completion.

C. Buy At Cost.

D. Buy A Contract.

B. Budget At Completion.

400

The formula for Cost Performance Index (CPI) is:

A. CPI = EV / AC

B. CPI = AC / EV

C. CPI = EV - PV

D. CPI = EV / PV

A. CPI = EV / AC

400

Which is the correct order for the processes?

A. Manage Team, Acquire Resources, and Develop Project Team.

B. Develop Team, Manage Team, and Acquire Resources.

C. Acquire Resources, Manage Team, and Develop Team.

D. Acquire Resources, Develop Team, and Manage Team.

D. Acquire Project Team, Develop Project Team, and Manage Project Team.

400

Quid Pro Quo is an example of what ethical violation?

A. Bribery.

B. Conflict of interest.

C. Ethnocentrism.

D. Confidentiality and Propriety.

A. Bribery.

500

In which of the Process Groups is a majority of the budget spent?

A. Planning

B. Closing

C. Execution

D. Monitor and Control

C.  Execution
500

EVM?

A. Earned Value Management.

B. Earned Value Matrix.

C. Early Value Management.

D. Early Value Matrix.

A.  Earned Value Management

500

Planned Value (PV) is represented as:

A. PV = Actual % Complete x BAC

B. PV = Sum of the costs for the given period of time.

C. PV = Planned % Complete x BAC

D. No one formula exists.

C. PV = Planned % Complete x BAC

500

Which is the correct order for the processes?

A.Develop Schedule, Define Activities, Sequence Activities, and Estimate Activity Resources.

B. Define Activities, Sequence Activities, Estimate Activity Resources, and Develop Schedule.

C. Sequence Activities, Define Activities, Develop Schedule, and Estimate Activity Resources.

D. Estimate Activity Resources, Define Activities, Sequence Activities, and Develop Schedule.

B. Define Activities, Sequence Activities, Estimate Activity Resources, and Develop Schedule.

500

___________ is defined as “State or quality of conforming to conventionally accepted standards of behavior or morals.”

A. Trust.

B. Confidentiality.

C. Propriety.

D. Ethics.

C. Propriety.

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