1. | The project charter: | A. | Is a good thing to have to enter restricted areas | | B. | Tells the newspapers when the project will end | | C. | Authorizes equipment acquisition | | D. | Provides a high-level definition of the effort and its stakeholders | | E. | Announces who the project engineer is |
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2. | Scorecard modeling, cost benefit analysis, payback periods, and internal rate of return are examples of: | A. | Project selection methods | | B. | Enterprise benefits measurement methods when selecting a project | | C. | Ways to ensure stakeholder commitment | | D. | Integral parts of the statement of work |
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3. | Project scope: | A. | Defines all the equipment that will be used in the project | | B. | Is a document that identifies the stakeholder responsibilities | | C. | Is part of the project charter | | D. | Defines at a high level the project execution framework and its deliverables |
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4. | Project success can be achieved only if: | A. | The project manager is an expert in managing resources. | | B. | The project manager is part of the executive management team. | | C. | There is a clear link between the project deliverables and the business strategy. | | D. | The project sponsor leads the initiatives. | | E. | None of the above. |
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5. | The project management plan: | A. | Are the steps needed to complete a project task | | B. | Is prepared at the beginning and fixed throughout the execution of the project | | C. | Not needed until resources have been assigned | | D. | Is an outline that identifies all the steps and processes that will be used after a project is initiated |
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6. | The work breakdown structure: | A. | Is a list of all the tasks needed to complete a meeting | | B. | Is needed as part of the project charter | | C. | Is set and does not change throughout the project | | D. | Is used to break down the project into manageable pieces |
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7. | The project baseline: | A. | Encompass all the initial estimates for tasks and resource utilization | | B. | Is only important in the project initiation phase | | C. | Is the result of the original plans plus the approved changes | | D. | Is not needed to successfully manage a project |
For questions 8 10, use the following network diagram: |
8. | What would be the early start for activity H?
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9. | What is the critical path? | A. | Start A D G Finish | | B. | Start B F Finish | | C. | Start C E H Finish |
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10. | Which project schedule represents the tasks outlined in the network diagram?
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11. | Which of the following is not a good input to project cost estimation? | A. | Work breakdown structures | | B. | Time estimates | | C. | Earn value analysis | | D. | Schedules |
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12. | Which one of the following four cost budgeting tools uses current and historical project information to calculate project cost estimates? | A. | Cost cancellation techniques | | B. | Reserves analysis | | C. | Parametric estimating | | D. | Funding limit reconciliation |
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13. | Within the PMI realm, who is ultimately responsible for the project quality? | A. | Project team | | B. | Project manager | | C. | Quality assurance manager | | D. | Validation engineer |
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14. | The process group in which detailed resource assignments and responsibilities are formalized is called the: | A. | Project management plan | | B. | Quality assurance plan | | C. | Project charter | | D. | Human resources management plan |
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15. | How many communication channels will be required in a project in which 30 individual are participating?
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16. | Who has the ultimate responsibility for making sure that a message in the project team is understood? | A. | The project sponsor | | B. | The sender | | C. | The project coordinator | | D. | All |
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17. | The intent of the risk management process group is to: | A. | Underwrite all the risks affecting the company | | B. | Announce project risks | | C. | Address and implement how risk will be identified and mitigated | | D. | Increase the probability of positive outcomes in the project |
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18. | Which one of these is not a typical way to deal with negative threats? | A. | Avoid | | B. | Transfer | | C. | Mitigate | | D. | Share |
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19. | Which of the following is a recognized contract type within the PMI context? | A. | Fixed-price or lump-sum contract | | B. | Cost-reimbursable contract | | C. | Time and material | | D. | All of the above |
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20. | Which one of these is not used when preparing a statement of work? | A. | Project scope statement | | B. | Work breakdown structure | | C. | Risk management plan | | D. | Work breakdown dictionary |
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21. | When the project manager receives a project change request, he should: | A. | Send it to the change control board for approval | | B. | Discuss it with the project team and leave it for phase 2 | | C. | Evaluate its risk and potential impact before taking any action | | D. | None of the above |
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22. | One method to determine how well a project is executing at a specific point in time is by using: | A. | Cost variance analysis | | B. | Historical data | | C. | Expert judgment | | D. | The cost performance index (CPI) |
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23. | Quality assurance application in a project is the: | A. | Definition of organizational quality practices | | B. | Ensuring of six sigma compliance | | C. | Application of Pareto charts to project sample points | | D. | Application of organizational quality metrics to the project |
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24. | You and your project team determine that external resources are needed. Which method would be best to secure these resources? | A. | Acquisition | | B. | Pre-assignment | | C. | Negotiation | | D. | Contract management | | E. | none of the above |
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25. | As a project manager, you need to know how to manage conflict. Which one of the following is not a way to successfully manage conflict? | A. | Problem-solving | | B. | Compromising | | C. | Formal | | D. | Withdrawal |
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26. | How much time should a project manager spend in communication activities? | A. | 10% 25% | | B. | 36% 50% | | C. | 51% 69% | | D. | 70% 90% |
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27. | Which of the following is not a basic element for successful communication? | A. | Sender | | B. | Message | | C. | Analog line | | D. | Receiver |
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28. | What is the name of the process that uses the procurement documents and the selection criteria as primary inputs? | A. | Procurement plan | | B. | Request seller responses | | C. | Contract management | | D. | Sales advisory plan |
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29. | An approved corrective action is: | A. | A response to a management request | | B. | A quality management plan | | C. | A course correction to bring the project in line with the project plan | | D. | None of the above | | E. | Issued by executive management |
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30. | Ishikawa diagrams, see the figure below, are used for: | A. | The cost management plan during the project execution | | B. | Brainstorming | | C. | Finding the cause and effect in the project quality assurance process | | D. | All of the above | | E. | None of the above |
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31. | The Pareto chart, Ishikawa diagrams, histograms, and six sigma are techniques used for implementing ______ in the project: | A. | Quality processes | | B. | Quality metrics | | C. | Quality control | | D. | All of the above |
For questions 32 38, use the following problem: You are the new project manager tasked with taking over for a project manager who left 6 weeks ago. Some of the numbers that you find in your initial research are as follows: Estimated project cost: $675,000 Project timeline: 24 weeks This is week 16 and accumulated costs are $300,000. Additionally, only 25% of the work has been completed. |
32. | What is the budget at completion? | A. | $300,000 | | B. | $168,750 | | C. | $675,000 | | D. | There is not enough information. |
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33. | What is the planned value? | A. | $300,000 | | B. | $168,750 | | C. | $389,423 | | D. | $452,250 | | E. | There is not enough information. |
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34. | What is the earned value? | A. | $300,000 | | B. | $168,750 | | C. | $389,453 | | D. | $483,103 |
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35. | What is the cost variance? | A. | $250,000 | | B. | $483,103 | | C. | $289,750 | | D. | $131,250 |
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36. | What is the schedule variance? | A. | $157,351 | | B. | $289,750 | | C. | $283,500 | | D. | There is not enough information. |
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37. | What will be the estimated at-completion cost? | A. | $1,200,000 | | B. | $675,000 | | C. | $3,000,000 | | D. | $1,050,000 |
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38. | Because the CPI is .5625, what do we know about this project? | A. | It can be finished on time if we crash the schedule. | | B. | We will need an extra 6 weeks to complete it. | | C. | The project is at budget risk. | | D. | None of the above. |
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39. | The project management triple constraint is composed of all these except: | A. | Scope | | B. | Quality | | C. | Time | | D. | Cost |
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40. | Maslow's hierarchy of needs talks about how people need to satisfy various personal needs. What is the correct sequence for those needs? | A. | Safety, love, esteem and self-actualization, physiological | | B. | Love, physiological, safety, esteem and self-actualization | | C. | Esteem, physiological, safety, love, and self-actualization | | D. | Self-actualization, physiological, safety, love and esteem | | E. | Physiological, safety, love, esteem and self-actualization |
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41. | Which leadership style would be most common in a car wash? | A. | MacGregor's Theory Y | | B. | MacGregor's Theory X | | C. | Maslow's hierarchy of needs | | D. | Ouchi's Theory Z |
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42. | What would be the result of imposing judgment on a project team? The project manager is ______ his recommendations. | A. | Smoothing | | B. | Formalizing | | C. | Compromising | | D. | Forcing | | E. | None of the above |
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43. | S-curves, histograms, and earn value analysis are examples of: | A. | Project justification | | B. | Capital acquisition requests | | C. | Performance reporting tools | | D. | None of the above |
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44. | ______ and ______ are two procedures used to perform all the closure activities in a project or a project phase. | A. | Management, stakeholder | | B. | Project team, stakeholder | | C. | Administrative, contract closure | | D. | Management, contract closure |
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45. | You work for an organization that has no rules with regard to vendor kickbacks or special gifts. A vendor approaches you with a trip to Paris, provided you help him get the contract with your organization. What would be the most prudent thing to do? | A. | Accept the offer and help the vendor get the contract. | | B. | Ask the vendor for an additional trip for your boss. | | C. | Decline the offer and advise the vendor on the standard bidding process. | | D. | Seek legal counsel before accepting the trip. |
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46. | You are offered a job as project manager for a fixed cost project. At the same time, you are approached by another client to work on her project on a time and material basis at a higher hourly rate. What should you do? | A. | Tell the new client that you need some time to consider all your options before giving her an answer. | | B. | Leave your current customer and start on the other project as soon as possible. | | C. | Discuss the matter with your client and ask for more money. | | D. | Try to squeeze in both projects without notifying anyone. |
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47. | As a senior leader in the project management field, you receive a voice mail from one of your competitor's junior project managers asking for help in the project management discipline. What is the most appropriate course of action? | A. | Tell the other guy to stop complaining and get a couple of project management books. | | B. | Decide that it is not worth the risk and ignore the call. | | C. | Start working with him after hours. | | D. | Talk to your supervisor and appraise her of the situation before initiating contact. |
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48. | You are assigned to lead a corporate project with a lot of diversity and several countries participating. What is your best course of action when it comes to giving assignments and setting up the schedule? | A. | Try to standardize all activities based on the corporate calendar. | | B. | Tell management that you need to implement a PMO at corporate in order to have everyone local. | | C. | Learn about communication styles and local holidays and plan for process execution across time zones. | | D. | Use external consultants willing to work locally. |
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49. | You are in charge of a project that is going to miss the milestones that were set at the enterprise level by 2 weeks. What do you do? | A. | Advise management of the revised project plan and timeline. | | B. | Wait and see if they notice when you do not give an update on the item. | | C. | Crash the schedule to make the deadline. | | D. | Do nothing. |
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50. | A good project manager tends to ______ above all else when it comes to active communications. | A. | Write reports | | B. | Cold-call people | | C. | Listen | | D. | Help |
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