Unformatted text preview: Project Management Professional Exam PMP Question 1
You are in
process of
identifying and
documenting
the project
rolesand
responsibiliti
es and create
staffing
management plan. All of
thefollowing
should be
addressed
when listing
the roles
andresponsib ilities
EXCEPT:
A. Competency
B. Authority
C. Responsibilit
y
D. Compliance
E. Role
Answer:
DQuestion 2 Reserve
analysis is a
tool
/technique in
all of the
following
processesEX
CEPT: A. Cost
budgeting
B. Activity
resource
estimation
C. Risk
monitoring
and control
D. Activity
duration
estimation
E. Cost
estimation
Answer:
BQuestion 3
Which of the
following are
NOT outputs
of the Activity
DurationEsti
mation
process?
A. Activity
Duration
Estimates B. Schedule
baseline
C. None of the
choices are
correct
D. Updates to
activity
attribute
Answer:
BQuestion 4
Which of the
following
statements are FALSE
regarding the
projectscope
management
plan?
A. The project
scope management
plan
describes
how the
projectscope
will be
defined and
managed by the project
scopemanag
ement team
B. The project
scope
management
plan specifies how
formalverific
ation and
acceptance
of the project
deliverables
will
besatisfied. C. The project
scope
management
plan is
contained
within
theproject management
plan.
D. The project
scope
management
plan
identifies the influence
andinterest
of the
stakeholders
and
documents
their
expectations E. The project
scope
management
plan is an
output of the
ScopePlannin
g process Answer:
DQuestion 5
Which of the
following
statements
are TRUE
regarding
various ActivitySched
uling tools?
A. PDM allows
for
conditional
branching and iteration
of activities
B. PDM uses
activity-onnode (AON)
diagramming
method. C. PDM allows
for
conditional
branching
and iteration
of activities
D. PDM uses
analogous
methods as
an
estimation
technique.
Answer:
BQuestion 6 Which of the
following can
be used to
determine
what work is
includedin
each work
package for each of your
team
members?
A. None of the
choices are
correct
B. WBS
dictionary
C. RBS
D. Project scope
statement
E. Project
schedule
Answer:
BQuestion 7
Which of the
following
statements
are FALSE regarding
rolling
waveplan?
A. Rolling Wave
Planning is a
phased
iterative approach to
projectdevelo
pment
B. Rolling Wave
Planning is a
cost and
schedule planning
techniqueuse
d in the
Activity
Definition
process
C. Rolling Wave
Planning is
the process
of
decomposing
each
workpackage
within the WBS into the
correspondin
g
scheduleacti
vities
required to
produce the
work package
deliverables
D. Rolling Wave
Planning
describes a
form of
progressiveel aboration
planning
where the
work to be
performed in
the neartime
is planned in
detail at a low level of
the WBS,
while work
far
in future is
planned for
WBS
components that are
relatively at
ahigh level of
WBS.
Answer:
CQuestion 8
Which of the
following statements
are FALSE
regarding
ExpectedMon
etary Value
Analysis
(EMV)?
A. EMV is a
statistical
concept that
calculates
the average
outcomeof
project
outcomes based on
various
assumptions
andscenarios
.
B. Decision tree
analysis is a type of EMV
analysis
C. EMV is a tool/
technique of
Qualitative
Risk Analysis
D. EMV is
calculated by
multiplying
the value of
each
possibleoutc
ome by its
probability of occurrence,
and
summing
themtogethe
r
Answer:
CQuestion 9 Which of the
following
describes a
group of
elated
schedule
activitiesaggr
egated at some
summary
level,
displayed
reported as a
singleactivity
at summary
level? A. Work activity
B. Control
account
C. Planning
package D. Milestone
activity
E. Hammock
activity Answer:
EQuestion
10
Which of the
following are
NOT tools/
techniques of
the ActivityDefini
tion Process?
A. Expert
judgment
B. Decompositi
on,
templates
C. Rolling wave
planning
D. Planning
component
E. Schedule
network
templates Answer:
EQuestion
11
You are in
process of
developing
an
approximatio n of the costs
of resources
needed to
complete
each
schedule
activity.
Which of thefollowing
is the LEAST
helpful
input
?
A. WBS, WS
dictionary B. Market place
conditions,
commercial
databases
C. Cost
estimating policies/
templates,
historical
information,p
roject team
knowledge
D. Schedule
management
plan, staffing
management
plan,
riskregister
E. Activity cost
estimates,
activity cost
estimate
supporting
detail Answer:
EQuestion
12
Planning
components
are tools/
techniques of
the Activity DefinitionPro
cess. Which
of the
following are
planning
components?
A. Rolling wave
planning,
decompositio
n
B. Control
account, planning
package
C. Milestone
list, schedule
network
templates
D. Control
package,
planning
account
Answer:
BQuestion
13 You are in
process of
numerically
analyzing the
effects of
identifiedrisk
s. Which of
the following are NOT
tools/
techniques
you can use
inthe
process?
A. Sensitivity
analysis
B. Reserve
analysis
C. Expected
monetary value
analysis
D. Modeling and
simulation
E. Decision tree
analysis Answer:
BQuestion
14
Which of the
following
describes
tool/
technique where
expenditure
of funds is
reconciled
with the
funding
limits
imposed by the
performingor
ganization?
A. Forecasting
B. Cost
reconciliation C. Funding limit
reconciliation
D. Reserve
reconciliation
E. Cost
aggregation
Answer:
CQuestion
15
Which of the
following
situations will cause
schedule
activity
durationesti
mates to
directly
influence the
cost estimates
EXCEPT:
A. When
resource cost
rate
information
is unavailable
fromcommer
cial
databases
B. When
resources are
applied per unit of time
of duration
of schedule
activity
C. When union
labor with
regularly expiring
collective
bargainingag
reements are
involve
D. When
seasonal cost variations
are involve
E. When project
budget
includes
interest rate
changes Answer:
AQuestion
16
Which of the
following
statements
are FALSE
regarding costreimbursable
contracts?
A. costreimbursable
contracts
generally carry the
highest risks
tothe buyer,
as the total
costs are
uncertain
B. costreimbursable
contracts
often
includes
incentives for
meetingor
exceeding project
objectives
C. costreimbursable
contracts
resemble fix
unit agreements
whenthe unit
rates are
preset by the
buyer and
seller
D. costreimbursable
contracts are
contracts
that
involvespay
ments to the
seller for actual costs,
plus a fee
representingt
he sellers
profit
Answer:
CQuestion
17 You have
been hired as
a project
manager for
a small local
bank.
Thebanks
wants you to design and
develop
custom
online bill
pay
softwareso
that its
customers can pay their
bills
online.You
are ready to
begin the
activity
definition of
your project. You
haveidentifie
s the scope
statement,
the WBS, and
talked with
the SME’s.
Inaddition, for security
reason, you
have been
informed
that
projectteam
members
must NOT have criminal
history with
the FICO
score of 700
or above. In
addition
you’ve
requested that the bank
purchase
thenecessary
transaction
processing
software,
although the
software isnot yet
available.
What else do
you need
before you
begin
activitydefini
tion? A. Identify the
historical
information
on previous
projects
B. Identify the
activity
attributes
C. Identify the
constraints
and assumptions
of the project
D. Identify the
activities lists
E. Identify the
milestone list Answer:
AQuestion
18
You are the
project
manager at a
software
company developing
thenext-gen
OODBMS
(Object
Oriented
Data Base
Management
System).As software
development
can be very
chaotic, your
company
haselected to
follow a more
rigorous approach to
software
development
.Specifically
your
company has
chosen to
adopt the extremeprog
ramming XP
methodology
for your
current
software
project.The
XP methodology
is highly
iterative, and
produces
numerousdeli
verables
include UML
diagrams, architecture
diagrams,
prototypesan
d testcases.Assum
e you are in
the Activity
Sequencing phase of the
project.
Whichof the
following
sequencing
methods
should you
use to identify
thelogical
relationships
between
tasks, so that
the activities
can besequenced
correctly?
A. ADM
B. PDM
C. GERT D. AOA
Answer:
CQuestion
19
All of the
statements
regarding control
accounts and
planningpack
ages are true
EXCEPT:A.Co
ntrol
accounts and
planning packages are
tools /
techniques
of Schedule
Development
process.B.A
control
account is an assigned
WBS level
used to
monitor
costand
schedule
performance
of significant element of
work.C.Plann
ing packages
reflect a
future
segment of
work within
acontrol account that
has not yet
been
decomposed
into
detailedwork
packages.D.
As work becomes
more clearly
defined,
planning
packages
areconverted
into work
packages. Answer: A
Question 20
Reverse
analysis is a
tool/
technique in
all of the
following processesEX
CEPT:A.Risk
monitoring
and
controlB.Acti
vity resource
estimationC.
Cost estimationD.
Cost
budgeting
Answer:
BQuestion
21
Your project
sponsor has asked you to
produce a
Risk
Management
Plan for your
current
project.
Which of the following
best
describesho
w you should
tailor the
plan to your
project?
A.The plan must include
the
predefined
risk
management
policiesas
they relate to
the organization
B.The plan
must ensure
that the level
of details
and
riskmanage
ment efforts are
commensura
te with the
level of risk
andimportan
ce of the
projectC.The
plan must be predefined
templates as
defined by
theorganizati
onD.The plan
must include
the
predefined roles and
responsibiliti
esas they
relate to risk
management
. Answer:
BQuestion
22
You are the
project
manager at a
manufacturer
of electronicco
mponents.
Your
company had
been a long
time market
leader
inelectronic components
distribution
industry.
However, in
recent
years,the
Internet has
transformed the
competitive
landscape.
As a
resultcompa
ny’s market
share has
been eroding.Henc
e, your
current
project
involves
implementin
g the
company’sint ernet
strategies to
best exploit
these altered
dynamics
and
increasethe
company’s market
share. You
commit to
completing
the
projectdelive
rables by this
date. Which of the
following
BEST
describes
whythis is
the
INCORRECT
way to estimate the
schedule?A.A
network
diagram
should have
been used to
produce
theestimates .B.The
estimates
should have
been created
by
management
.C.The
estimates should have
accounted
for the
market
dynamicsand
timing
requirements
.D.The project
sponsor
should have
been
actively
involved
inproducing the
estimates.
Answer:
AQuestion
23
Reverse
analysis is a
tool/ technique in
ll of the
following
processesEX
CEPT:A.Risk
monitoring
and
controlB.Acti vity resource
estimationC.
Cost
estimationD.
Cost
budgetingE.
Activity duration
estimation
Answer:
BQuestion
24
Monte Carlo
analysis is a
form of what type of
analysis?
A.Critical
path
methodB.Sc
hedule
compression
C.What-if scenario
analysisD.Re
sourcelevelingE.Cri
tical chain
method Answer:
CQuestion
25
You have
been hired as
a project
manager for
a small local bank.
Thebank
wants you to
design and
develop
custom
online bill
pay softwareso
that its
customers
can pay their
bills online.
You are ready
to beginthe
Activity Resource
Estimation
process for
your project.
Which of
thefollowing
would you
NOT consider when
developing
the
activityresou
rce
requirements
document?
A.Resource availabilityB.
Project
managemen
t
planC.Resour
ce
breakdown
structureD.A ctivity
listE.Activity
attributes
Answer:
CQuestion
26
A project
schedule can be presented
in various
formats. All
of
thefollowing
are valid
formats of
the project schedule
EXCEPT:A.Act
ivity-onnode
diagram
B.Logic bar
chartC.Timescaled schedule
network
diagramD.Mil
estone
chartsE.Flow
charts Answer:
EQuestion
27
All of the
following
statements
are true
regarding the ActivitySequ
encing /
Activity
Duration
Estimation
process
EXCEPT:A.Act
ivity duration estimates
should
specify a
single,
specificdurati
on, and NOT
a range of
durationsB.A nalogous
estimation is
a form of
expert
judgment
that is
usedas a tool
/ technique in activity
duration
estimationC.
Precedence
diagramming
methods are
tools/
techniques of activity
sequencing
processD.Acti
vity duration
estimates
are an output
of activity durationesti
mates.
Answer:
AQuestion
28
Your project
team has
already created the
WBS,
developed
estimatesfor
the work
packages,
and
sequenced the project
activities
using
thearrow
diagramming
method. In
addition,
your team has
appliedresou
rce leveling
and schedule
compression
techniques
on the
projectsched ule. Which
actions
should be
performed
NEXT:A.Obtai
n approval
of
scheduleB.D ecompose
the work
packages
into smaller
components
calledschedu
le
activitiesC.D evelop
activity
resource
requirements
D.Initiate
schedule
change
controlE.Obt ain
acceptance
of completed
project
scope
Answer:
AQuestion
29 You are the
project
manager
responsible
for
developing a
new
hybridengine for a major
auto
manufacturer
. You are in
process
of developing
the project
schedule. In order to
manage the
uncertaintya
ssociated
with the
project
schedule,
you intend to do the
following:(a)
use
average
task duration
estimates;
(b) schedule
backwardsfro m the date a
project is
needed (to
ensure work
that needs to
bedone is
done, and it
is done only when it is
needed; (c)
place
aggregate
buffers in the
project plan
to protect
the entire project
andthe key
tasks; and
(d) use buffer
management
to control the
plan.Which
of the following
BEST
describes the
technique
you are
using?
A.Critical
chain methodB.Re
source
levelingC.De
cision tree
analysisD.M
onte Carlo
analysisE.Cri tical path
method
Answer:
AQuestion
30
Which of the
following
process involves
determining
project
roles,respons
ibilities, and
reporting
relationships,
and develops the
staffingmana
gement
plan?
A. Manage
project team
B. Human
resource
planning
C. Develop
project team
D. Acquire
project team
Answer:
BQuestion
31
Three-point
estimates
are based on determining
three types
of estimates.
Which of the
following is
NOT one of
these
estimates? A. Most likely
B. Conservative
C. Pessimistic
D. Optimistic Answer:
BQuestion
32
Which of the
following
statements
are FALSE
regarding project
fundingrequir
ements?
A. Funding
requirements
are derived from cost
baselines
B. Portions of
management
reserve can
be include in each
fundingstep
C. The total
funds
required are
the cost
baseline plus themanagem
ent
contingency
reserve
amount
D. Funding
usually occurs in
incremental
amounts that
arecontinuou
s, and hence
appears as Sshaped
curves E. Management
reserves are
not par of
the project
cost
baseline,but
are included in the budget
for the
project.
Answer:
DQuestion
33
Which of the
following processes
involves
allocating
cost
estimates
inorder to
establish a
cost baseline for
measuring
project
performance
?
A. Cost
estimating B. Cost control
C. Activity cost
estimating
D. Cost
budgeting Answer:
DQuestion
34
Which of the
following
statements
are TRUE
regarding various
activitysched
uling tools?
A. ADM allows
for
conditional
branching and iteration
of activities
B. PDM allows
for
conditional
branching and iteration
of activities
C. PDM uses
analogous
methods as
an estimation
technique
D. PDM uses
activity-onnode (AON)
diagramming
methods Answer:
DQuestion
35
Which of the
following are
NOT inputs
to the risk identification
process?
A. Historical
information
B. Risk
categories C. Risk
management
plan
D. Risk
thresholds Answer:
DQuestion
36
Which of the
following are
NOT outputs
of the
activity durationesti
mating
process?
A. Updates to
activity
attributes
B. None of the
choices are
correct
C. Schedule
baseline
D. Activity
duration
estimates
Answer:
CQuestion
37
You are in
process of identifying
and
documenting
project risks.
Youare using
various
information
gathering techniques to
identify
theproject
risks. All of
the following
are
information
gathering techniquesEX
CEPT:
A. Diagramming
techniques
B. SWOT
analysis C. Root cause
identification
D. Delphi
techniques
E. Interviewing Answer:
AQuestion
38
Which of the
following
statements
are FALSE
regarding Monte
Carloanalysis
?
A. Monte Carlo
is used to
determine
potential project
outcomes
bysimulating
the project
under
different
scenarios
B. Monte Carlo
analysis used
expected
value (EV)
calculations
asone of its
inputs
C. Monte Carlo
analysis can
be used
during the
ScheduleDev
elopment
and
Quantitative Risk Analysis
process
D. Monte Carlo
is simulation
technique
that can help
quantify risksassociat
ed with the
project
Answer:
BQuestion
39
You are
currently the project
manager at
rapidly
growing
retailer
of high-end
electronics
equipment. You have
been tasked
with
theproject of
expanding
business. You
are currently
evaluating openingretail
stores in one
of three USbased
locations:
New York,
Seattle,San
Francisco.You have been
told that the
San
Francisco
market has
smaller
marketpotent
ial, but higher
probability of
success. On
the other
hand,
theNew York
market has a
larger market potential but
lower
probability
of success.
And the
Seattle
market is in
between. Your project
managerhas
given you
the following
forecast.
Which of the
flowing
opportunityis the BEST
choice?
A. Either New
York or San
Francisco
B. Seattle C. New York
D. San
Francisco
Answer:
BQuestion
40 You are in
process of
developing
an approved
project
schedule that
willserve as a
baseline against
which the
project can
be tracked.
Which of the
following is
needed in
order to complete
schedule
development
?
A. Requested
changes
B. Performance
measuremen
ts
C. Approved
change
request
D. Schedule
change
control
systems
E. Reserves Answer:
EQuestion
41
Supporting
details for
activity cost
estimates
should include all of
thefollowing
EXCEPT:
A. Range of
possible
estimates
B. Description
of project
scope of
work
C. Documentati
on of
constraints and
assumptions
D. Performance
measuremen
ts
E. Documentati
on of how
the
estimates
were
development Answer:
DQuestion
42
Which of the
following
statements
regarding
WBS is false? A. To identify
the major
deliverables
of the project
requiresanaly
zing the
preliminary project scope
statement
B. The work
package is
the lowest level in the
WBS
C. A WBS from
a previous
project can
often be
used as a templatefor a
new project
D. Different
deliverables
in the WBS
can have
different levels
of decomposi
tion
E. The WBS is
an outcome
of the Create
WBS process Answer:
AQuestion
43
Roger works
for a
manufacturer
of
automotive engines. He
has
beenrecently
assigned to
supervise
and mange
the
manufacturin g of a
newmodel of
diesel
engine. He
informs
\roger that
his new
assignment willbe to
have 500
units of the
new diesel
engine
manufacture
d in 60days.
Roger is currently in
the process
of analyzing
activity
sequences,ac
tivity
durations,
and resource requirements
in order to
develop
theproject
schedule.
Which of the
following
processed is Rogerperfor
ming?
A. Activity
duration
estimation
B. Schedule
development
C. Activity
sequencing
D. Activity
duration E. Activity
resource
duration
Answer:
BQuestion
44 All of the
following
should be
included in
the initial
staffingmana
gement plan
as part of Human
Resource
planning
EXCEPT:
A. Release
criteria, recognition
and rewards
B. Compliance
C. Work
performance
information D. Safety,
training
needs
E. Staff
acquisition,
timetable Answer:
CQuestion
45
You have
been
recently
assigned to
provide an accurate
projectsched
ule for a
large
construction
company.You
r lead
engineer has given you
the following
estimates for
severalcritica
l path
activities.
Your
stakeholders want you to
commit to
acompletion
date for
these critical
path
activities.
Which of the followingstat
ements are
true?
A. There is
approx. 68
percent
chance that the project
will
completebet
ween 64
days and 78
days.
B. There is
approx. 95
percent
chance that
the project
will
completebet
ween 64 days and 78
days.
C. There is
approx. 68
percent
chance that
the project will
completebet
ween 57
days and 85
days.
D. There is
approx. 99 percent
chance that
the project
will
completebet
ween 64
days and 78
days. Answer:
AQuestion
46
Which of the
following are
NOT tools/
techniques of
the PlanContracti
ng Process?
A. None of the
choices are
correct
B. Expert
judgment
C. Screening
systems
D. Standard
forms Answer:
CQuestion
47
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