Random CAPM/PMP 1. The decomposition process is a technique used to construct a: Variance analysis. Work breakdown structure. Critical Path Method Diagram. Precedence network. None 2. At your project, EV = \$130,500 ; PV = \$125,000 ; and AC = \$129,000. Which one the following statement is true ? The project is behind schedule and under budget The project is behind schedule and over budget The project is ahead of schedule and under budget The project is ahead of schedule and over budget None 3. Which one of the following is FALSE about change management in a project ? The project manager should make the change happen as soon as possible to meet and exceed customer expectations. Whenever there is a change request, the project manager should evaluate the impact on project objectives such as scope, time, cost, quality, risk, resources, and other factors. The project manager should make all the effort to prevent unnecessary changes in the project. "Influencing the factors that effect change" means determining the source of changes and fixing the root causes None 4. Which of the following are frequently used tools in procurement planning? Make or buy analysis, contract type selection, and weighting system Contract type selection, bidders conferences, and expert judgement Make or buy analysis, expert judgement, and contract type selection Expert judgement, audits, and bidders conferences None 5. Ideally, communication between the project manager and the project team members should take place: By written and oral communication. Through approved documented forms. Through the formal chain of command. Via daily status reports. None 6. Conflict resolution techniques that may be used on a project include: Confronting, compromising, smoothing, and directing. Smoothing, confronting, forcing, and withdrawing. Controlling, forcing, smoothing, and withdrawing. Withdrawing, compromising, controlling, and forcing. None 7. A controlling process is necessary in project management to ensure planned actions are executed and measured for progress. The controlling process for the schedule typically will focus on: Activities starting earlier than scheduled. Activities that vary from the plan, whether late or early. Activities starting later than scheduled. Activities only on the critical path. None 8. What is the difference between the project plan and the performance measurement baseline? There Is no difference. They are synonymous terms. The project plan consists of a list of tasks, assignments, and estimates formulated into a network diagram or Gantl chart, while the performance measurement baseline document contains the project plan plus descriptions of approach, scope, and risks. The project plan is the informal document that is followed by the approved performance measurement baseline document. The project plan usually changes overtime, while the performance measurement baselines generally changed only in response to an approved scope change. None 9. In what way does free float (FF) differ from total float (TF)? Free float is the amount of total float that does not affect the end date, whereas total float is the accumulated amount of free float. Free float is commonly referred to as slack time, whereas total float is commonly referred to as float time. There is no difference, the two terms are functionally equivalent. Free float only affects the early start of any immediately following activities. None 10. All of the following assist in determining the impact of a scope change EXCEPT: Milestones Baseline Project charter. Performance measurement. None 11. Project A has net present value (NPV) of \$30,000, will take 5 years to complete, and the associated cost \$10,000.Project B has NPV of \$60,000, will take 3 years to complete, and the associated cost \$15,000. Project C has NPV of \$80,000, will take 4 years to complete, and the associated cost \$40,000. Which project will you pick ? Project C Project A They all have the same value Project B None 12. A KEY activity for achieving customer satisfaction is to define: The business use. Requirements Change control. Product specificity. None 13. A project had a list of identified risks. This list was the risks register. Where can one find the high-level risk ? Project Management plan Risk Register Risk Management Plan Project Charter None 14. Complex projects, involving cross-disciplinary efforts, are MOST effectively managed by: A functional organization. Multiple lead project managers. A strong matrix organization. A strong traditional manager. None 15. Which of the following is NOT a typical characteristic of a project management office (PMO) ? Managing project resources and assigning project tasks Developing and managing project management methodology and standards Coaching and training project managers. Defining and maintaining vendor engagement processes. None 16. Which one of following PMO structure mostly provides guidelines, policies, and templates and requires compliances and usually has a moderate level of control over projects and programs ? Controlling Constructive Supportive Directive None 17. The major processes of project communications management are: Communications planning, response planning, progress reporting, and information distribution. Communications planning, information distribution, schedule reporting, and stakeholder analysis. Communications planning, information distribution, performance reporting, and administrative closure. Communication requirements, information distribution, performance reporting, and administrative procedures. None 18. A KEY activity in closing out a project is to: Transfer all the project records to the project owners. Disseminate status reports and risk assessments. Disseminate information to formalize project completion. Monitor the specific project results to determine if they comply with relevant quality standards. None 19. Of the following conflict management approaches, which is believed to lead to the LEAST enduring positive results? Forcing Compromise Avoidance Problem solving None 20. Which of the following process group consists of the processes to complete the work defined in the project management plan and ultimately satisfies the project specifications and objectives ? Closing process group Planning process group Initiating process group Executing process group None 21. If earned value (EV) = 350, actual cost (AC) = 400, planned value (PV) = 325, what is cost variance (CV) ? 350 -75 400 -50 None 22. A project loses a contractor in the middle of a project. A new project team is formed to replace the role of the lost contractor and his/her team. As a project manager, what is the FIRST topic to address to the team in the kick-off meeting? Review detailed schedule. Discuss cost estimates. Emphasize your authority. Identify team roles and responsibilities. None 23. Your project is behind schedule due to conflict between team members. Having resolved the conflict, to get the project back on schedule, you should consider: Crashing the schedule. Utilizing the critical chair resources. Conducting reverse resource allocation scheduling. Performing resource leveling. None 24. A Cost Performance Index (CPI) of 0.89 means : At this time, we expect the total project to cost 89 percent more than planned The project is progressing at 89 percent of the rate planned. When the project time is completed, we will have spent 89 percent more than planned. The project is getting 89 cents out of every dollar invested. None 25. You have just taken control of a project in the middle of execution and need to learn who has approval authority for revisions in scope. Which document provides this information? Change control plan Client organization chart Resource assignment matrix Project charter None 26. A project manager wants to determine how his project is doing the end of sixth month. The actual total expense of the project is \$720,000. The planned budget for this length of the time was \$600,000. He finds that : The project is over-budget There is not enough information to determine how the project is doing The project is ahead of schedule The project is on track None 27. All of the following forms of power derivied from the project manager's position, EXCEPT : Penalty Reward Expert Formal None 28. While reviewing one of the activities of team member, you found out that the activity has an early start of days 5, an early finish of day 12, a late start of day 15, and a late finish of 22 day. The team member tells you that he needs an additional four days to complete the activity due to various reasons he can think of. Which one of the following statements is TRUE ? This activity will delay the project The successor activity will be delayed This activity has a lag This activity will most probably not delay the project None 29. Which of the following is NOT a tool used to manage the stakeholder engagement ?Communication skills Ground Rules Interpersonal skills Issue Log Communication skills None 30. A change control board (CCB) is: A formally constituted group of stakeholders responsible for approving or rejecting changes to the project baselines. An informal or formal group of team members responsible for changes to a project. A formally constituted group of stakeholders responsible for ensuring that only a minimal amount of changes occur on the project. An informal group that has oversight of project implementation. None 31. Two of the types of discretionary dependencies that typically have an effect on the sequencing of the activities in the schedule are those containing hard logic and those containing soft logic. An example of a soft logic dependency would be: Project A, the company‟s participation in a Pump Industry trade show, depends on the successful completion of Project B, which is building the prototype pump that is going to be displayed. To install the plumbing and electrical work at the same time on a single family dwelling. To schedule all unloading of equipment weighing in excess of 50 tons because the daily rent on the crane with that lifting capability is \$10,000. For the shrink-wrapping on the finished box of software to depend on enclosing the manual and software first. None 32. Elements of changing a project schedule include all of the following EXCEPT: Evaluate the impact of a change to the schedule. Submit the appropriate change requests. Obtain the appropriate levels of approval. Adjust the project end date to the schedule variance. None 33. Which one of the following is NOT a planning process ? Create WBS Perform Qualitative Risk Analysis Estimate Costs Develop Project Team None 34. You will be overseeing a project to develop a smartphone application. While analyzing your project, you identify that there is a 55 percent probability of making \$120,000, a 45 percent probability losing \$55,000. What does \$41,250 represent in this case ? Economic value added (EVA) Expected monetary value (EMV) Return of Investment (ROI) Net present value None 35. Reviewing work products and results to ensure that all were completed satisfactorily and formally accepted is part of: Scope validation. Quality control. Risk management. Change control management. None 36. In which project phase do you have the GREATEST influence on project risk? Implementation Execution Design Conceptual None 37. Which of the following is true regarding the project charter ? The project charter should be published under the name of a manager external to the project. The project charter should be published under the name of the project manager. The project charter should be published under the project sponsor's name The project charter should be published under the name of the project champion None 38. During the contract close-out, the project manager needs to document the: Statement of work. Change control procedure. Formal acceptance. Payment schedule. None 39. To control the schedule, a project manager is reanalyzing the project to predict project duration. She does this by analyzing the sequence of activities with the LEAST amount of scheduling flexibility. What technique is she using ? Flowchart Work breakdown structure Critical path method Precedence diagramming None 40. You just identified a new external risk during the executing phase that may impact your project positively. What is your first step ? Update the Risk Breakdown Structure Perform Qualitative Risk Analysis Implement a Risk Response Develop a Risk Response and assign a Risk Owner None 41. Formal written correspondence with customer is required when : The project has cost overruns The project has a schedule slippage that includes changes to the critical path Defects are detected The customer requests additional work not covered under contract None 42. Risk quantification includes: Developing contingency plans and resources. Evaluating probability and impact. Enumerating sources of internal and external events. Identifying potential events and impact. None 43. All the following statements about change control are incorrect, EXCEPT : A fixed price contract will minimize the need for change control. Contracts should include procedures to accommodate changes. Changes seldom provide real benefits to the project. More detailed specifications eliminate the causes of changes. None 44. Which one of the following is NOT true about a cost reimbursable contract ? It requires auditing seller's invoices. The seller has only a moderate incentive to control cost Buyers usually write a detailed statement of work. The buyers bears the most risk as total cost is unknown until the project is finished None 45. Commonly done in conjunction with manage stakeholder engagement process, what is another process called ? Control Stakeholder Performance Monitor Stakeholder Engagement Control Stakeholder Management Monitor and Control Stakeholders None 46. A contractor's deliverable has been delayed 30 days. The process of determining how this event will affect the project schedule is called risk: Mitigation Simulation Identification Assessment None 47. As of the data date, your project schedule has a BCWS of 100. The BCWP, however, is 90. This tells you that your project is currently 10 percent: Ahead of Schedule Under budget. Behind schedule. Over budget. None 48. A CPI value of 1.20 and an SPI value of 1.30 for a project mean which of the following ? The project is making faster progress and costing more than planned The project is making faster progress and costing less than planned The project is making slower progress and costing less than planned The project is making slower progress and costing more than planned None 49. You have just been assigned as project manager for a large telecommunications project. This one year project is about halfway done. The project team consists of 5 sellers and 20 of your company's employees. You want to understand who is responsible for doing what on project. Where would you find such information ? Responsibility assignment matrix Project Organization chart Bar chart Resource histogram None 50. Which one of following PMO structure mostly serves as project repository., plays a consultative role, and usually has a low level of control over projects and programs ? Supportive Directive Controlling Constructive None 51. Quality is : Adding extras to make the customer happy Conformance to management's objectives The degree to which the project meets requirements Meeting and exceeding the customer's expectations None 52. A generally accepted method to confirm accuracy of task progress is through: Probability vs. outcome. Maximum ceiling. Earned value. Work breakdown structure. None 53. Configuration management is a technique for: Risk quantification. Integrated change control. Scope planning. Project plan execution. None 54. A project's approved budget is \$250,000 and planned budget to date is \$150,000. What will be the Schedule Variance when Schedule Performer Index is 0.8 ? $50,000 -$50,000 -$30,000 $30,000 None 55. The MOST common cause of conflict on a project are schedules, project priorities, and : Cost Resources Personality Management None 56. An individual's willingness to take a risk can be determined by: Monte Carlo method. Utility function. Decision tree modeling. Sensitivity analysis. None 57. You are considering the idea of putting all team member in the same physical location for the first time. All of the following is true about colocation, reporting structure, and other items. Which of the following is not true about co-location ? It is also call a war room The purpose is to save project budget The goal is to enhance team member's ability to perform as a team It is meant to quickly identify concerns and issues and to come up with mutually agreed-upon solution. None 58. As part of the quality audit, the scope statement is checked against the work results to ensure the conformance to the customer requirements. The results should be documented and used for: Estimating future projects. Validating the quality process. Changing the project scope. Defining future project tasks. None 59. You are asked by management to select a contract type that will obligate the seller to accept all liability for poor workmanship, engineering errors, and consequential damages in the project. Which of the following contact types will you select ? Time and material Purchase order Cost plus incentive fee. Fixed price None 60. During the project scope planning process, the work breakdown structure should be developed to: The cost center level. The sub-project level. The level determined by the project office. A level allowing for adequate estimates. None