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1. ________ is typically not referred to as a buffer type in Critical Chain project
Resource buffer
Free buffer
Feed buffer
Drum resource buffer

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2. A company has to make a choice between two projects, because the available resources in
money and kind are not sufficient to run both at the same time. Each project would take 9
months and would cost $250,000.
1. The first project is a process optimization which would result in a cost reduction of
$120,000 per year. This benefit would be achieved immediately after the end of the
2. The second project would be the development of a new product which could
produce the following net profits after the end of the project:
1. year:
$ 15,000
2. year:
$ 125,000
3. year:
$ 220,000
Assumed is a discount rate of 5% per year. Looking at the present values of these
projects' revenues in the first 3 years, what is true?
Both projects are equally attractive.
The first project is more attractive by app. 7%.
The second project is more attractive by app. 5%.
The first project is more attractive by app. 3%.

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3. A production process has been defined as part of an industrial equipment manufacturing
project. The process is intended to produce steel bolts with a length of 20 cm. The control
limits are 19.955cm and 20.045cm.
The measurements made at the end of the process yielded the following results:
20.033cm, 19.982cm, 19,995cm, 20.006cm, 19.970cm, 19.968cm, 19.963cm, 19.958cm,
19.962cm, 19.979cm, 19.959cm.
What should be done?
The process is under control. It should not be adjusted.
The process should be adjusted.
The control limits should be adjusted.
The measuring equipment should be recalibrated.

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4. Your project management team includes two external consultants each from a different
company. You found that repeated conflicts between the two consultants already slow
down project progress and jeopardize achievement of objectives.Which stage of team
development can be difficult to overcome in such a situation?

Storming from Forming, Storming, Norming, Performing

Panic from Enthusiasm, Panic, Hope, Solution

Kickoff from Assignment, Kickoff, Training, Communicating

Frustration from Direction, Frustration, Cooperation, Collaboration

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5. During a project Earned Value Analysis is performed and gives the following results:
EV: 523,000; PV: 623,000; AC: 643,000.
Which results are correct?
CV: +120,000; SV: +100,000
CV: +100,000; SV: +120,000
CV: -100,000; SV: -120,000
CV: -120,000; SV: -100,000

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6. A project manager spent some days to create a multi-page document which he called
Project Charter. The document should have been issued by the project sponsor. The
sponsor found the document outsized and asked for a condensed document.

Which of the following is not normally an element of the Project Charter?
The formal authorization to apply organizational resources to project activities
Detailed work package descriptions
The business need that the project was undertaken to address
The product description or a reference to this document

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7. A document called ____________ is created by decomposing the project scope into
smaller, more manageable elements.

Scope Statement

Network Logic Diagram

Work Breakdown Structure

Requested Change

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Which of the following tools is used to create a Risk Management Plan?

Risk planning meetings
Documentation reviews
Data precision rankings
Diagramming techniques

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9. In order to speed up a project, you made a decision to fast-track a phase currently
performed with five team members and another one which was planned to begin in four
weeks time with another five team members.
Which of the following activities should you do first?
Make sure that all exit criteria of the consecutive phase have been met to ensure the
flow of communications in a team situation which is more complex by a factor of 2.
Make sure that all entry criteria of the previous phase have been met by planning
and performing a phase gate meeting to assess technical aptness.
Make sure that all exit criteria of the previous phase have been met by planning and
performing a phase gate meeting to assess technical performance.
Restructure your team and delegate tasks in order to ensure the flow of
communications in a team situation which is more complex by a factor of 4.5.

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A project manager needs a certain number of identical valve housings for a power station project. RTY = 0.78 FTY = 0. RTY = 0.7. The remaining 84 housings are getting mounted to the power plant pipework. . CPI = 1. 6 of these housings can be recovered by a special sealing process for raw castings.78. 3 of these items can also be saved using another sealing process for machined castings.65 Marked for review 11.91 FTY = 0. Out of these a number of 6 valves can be saved by replacing the sealing rings used. The project has been finished. RTY = 0. Out of this batch.84. After this process step 10 machined castings are found leaking. It came in behind schedule but on budget.91. Finally the project manager has 78 valves which he can use. RTY = 0.0 The project has been cancelled while it was executed. 15 are found leaking from micro-porosities in a subsequent pressure test.84 FTY = 0. It came in ahead of schedule but on budget. You found the following Earned Value Analysis information for a recently closed out project:SPI = 0.10. During a pressure test after this process step it is found that 12 valves are leaking. The project has been finished. What is true? FTY = 0. He starts with 100 raw items which are made as metal castings.65. The 91 housings are then being machined. At that time the project was behind schedule and on budget.

Marked for review You are working as a project manager for a major US-based public company. This morning you received alarming news that the major strategic project you are responsible 12. a chance to which no Estimated Monetary Value can be assigned so that a likely pay-off can not be shown. Marked for review 13. This drawback will significantly influence future profits of the entire corporation. You should investigate detailed information on the problem before escalating it to corporate management. You should find a quick solution for the problem and implement this immediately.The project has been finished. for will not be able to provide financial benefits to the organization as expected. a circle represents ___________. a decision to which no Estimated Monetary Value can be assigned so that a likely pay-off can not be shown. It came in on schedule but over budget. In a traditionally drawn decision tree. . You must immediately inform the corporate management to ensure Real Time Issuers Disclosures. What should you do right now? You should not overact and check at least three options before making any decisions.

There is a small number of experts available. quality requirements of the project? Quality audit Deliverable inspection Fixed price contract Service level agreement Marked for review 15. a decision to which an Estimated Monetary Value may be assigned to calculate the most likely pay-off. but some of them have long been in a teacher-student or manager-assistant relationship. Which of the following techniques can ensure best that there is no dominating opinion during an expert review? .a chance to which an Estimated Monetary Value may be assigned to calculate the most likely pay-off. Marked for review A project management team has subcontracted work to a service company. With your team you are using judgment from subject matter experts to identify and analyze project risks. Which of the following tools is the best choice to assure that this company will be able to meet the 14.

You are running a project for a customer based on a cost reimbursable contract with the following terms: Target costs: $ 1.000 Price ceiling: $ 1. During execution of a project which is performed for a customer on a T&M (Time and Material) contract base.000 $1.000 Fixed fee: $ Benefit/cost sharing: 80% / 20% 100. He discovers that two members assigned to the project have charged time without .Peer review SWOT analysis Delphi technique Monetary value calculation Marked for review 16.125. Break point) of the project? $1.000 Which is the PTA (= Point of total assumption.500. a new project manager is taking over the assignment.300.000 $80.000 $1.000 Marked for review 17.000.200.

If tasks are scheduled to begin at early start date. Activity A has a total float of 10 d. What should the project manager do? Try to find some productive work for these staff members in the project and leave them on the team. . Upon further investigation.performing any work for the project customer. he determines that this occurred because there have been no other project assignments open for these employees. Activity A has a free float of 10 d. what is true? Activity B has a free float of 10 d. Take the two people off the team immediately and arrange for the refund of the excess charges to the customer. The customer will not realize the problem anyway. Try to find a responsible person for the over-assignment who can be made accountable. In the following network logic diagram start dates are defined as early morning. Marked for review 18. The best thing is to do nothing. Activity B has a total float of 10 d. finish dates are evening. The customer is unaware of these facts.

The project progress has been found to be too slow. Your project is executed with a globally spread virtual team. Which measure is most likely to immediately speed up the project? Technical training for all team members Daily phone conferences and detailed reporting A team meeting at a location convenient to all team members Collocation of team members at a suitable place Marked for review A project management team wants to procure some customized products which are available in identical grade and quality from many vendors.Marked for review 19. What should be included in 20. the procurement package to ensure that their offers will be comparable? .

The ability to develop internationally accepted contracts. The ability to succeed in a cross cultural environment. The ability to communicate using drawings and pictograms which are understood all over the world.A statement of work describing the needs of the project in sufficient detail to enable vendors to make suitable proposals A statement of work specifying attributes and metrics of the requested deliverables in detail to allow vendors submission of bids The approved project scope statement. . What is sometimes referred to as Global literacies? The ability to read reports written in many different languages. the WBS which should be broken down to Work Package level and the WBS dictionary The risk management plan and the reports from those risk management reviews which have been made so far Marked for review 21.

Marked for review 22. You agree that the requested actions make really sense to the project. Marked for review . Then discuss the situation with the Project Sponsor and the Change Control Board. but believe that they constitute a major change increasing the project scope. Diligently document the additional costs and working hours spent by yourself and the team on the implementation of the change and invoice these to the customer at appropriate rates. Check the contract. Talk to the project sales department and find a joint solution with them how to best reject the request considering the commercial and strategic value of the customer to the organization you are working for. the project charter. Assess the impacts of the scope change. Perform Earned Value Analysis to assess the current status of the project and get all the numbers you need to communicate the case to the Change Control Board which then will have to make the best decision regarding the customer request. Your customer informed you this morning that they insist on certain "refinements" of the project scope. What should you do next? Accept the request of the customer. You are assigned as the project manager to a project which is executed for a customer under FP contract. the scope statement and other documents related to the project and the contract.

In the contract the fee to cover the contractor‘s indirect costs and allow a profit is calculated as 20% of the direct costs.23. Which of the following statements is not true? Normal process variation is attributable to random causes and sometimes also called "white noise". Neither the contractor's indirect costs nor the customer‘s payment for them will increase. The contractor‘s indirect costs will increase but the customer‘s payment for them will not increase. too. During a project the scope of a product purchased on a cost reimbursable contract has increased. Marked for review 24. What is most likely to be true? The contractor‘s indirect costs will increase and the customer‘s payment for them will increase. A project management team is evaluating the causes that might contribute to unsatisfactory performance and quality. The contractor‘s indirect costs will not increase but the customer‘s payment for them will. .

The consistency of the project management plan is secondary because it is only the results that matter. but the benefits include less pressure on all stakeholders and a resulting product that will satisfy the requirements. You are performing a project management audit in your company and find that most of the project plans are neither consistent nor up-to-date. A great deal of effort is required to develop and update a project plan. Poor planning and insufficient updating of project management plans are common reasons for cost and time overruns. Which of the following statements is not true? Projects should never be executed without a valid. updated and working project management plan. A process can be optimized to limit the bandwidth of variations due to random causes.Special causes are easier to predict and handle than random causes (also called common causes). Marked for review . Special causes are unusual events which are difficult to foresee and mostly produce outliers. Marked for review 25.

Develop a plan to minimize the probability of occurrence for identified risks. Marked for review 27. You want to perform active risk acceptance. money and time. Develop a plan to minimize impact in case that an identified risk occurs. Make additional resources available to speed up the project. What should you do? Create contingency reserves in resources.26. A project manager made 3-point estimates on a critical path and found the following results: .

Cultural differences will always remain an obstacle to be overcome for cross-cultural projects.Assuming ±3 Sigma precision level for each estimate. The project manager is evaluating how to improve communication and collaboration. . A project team is suffering from misunderstandings between team members who have different cultural backgrounds. 6. There is a common ground for people from different cultures on which they can interact without unsolvable conflicts. Marked for review 28. 4. Which of the following statements is not true? Only those who realize that cultural differences are a resource to be fully utilized will survive in international project business. Cross-cultural competence is a critical lever for competitive advantage in international project business. 5.2 days You can not derive the path standard deviation from the information given.2 days App.2 days App. what is the standard deviation of the allover path? App.

During a recent meeting your team complained about the high pressure applied and the many hours of overwork time. The area consisting of typically three standard deviations on either side of a mean value of a control chart to plot measured values found in statistical quality control The area consisting of typically three standard deviations on either side of a mean value of a control chart to plot measured values found in quality assurance Marked for review 30. You are assigned as the project manager in a project with an aggressive schedule. The process is found capable if the ±3 Sigma range is exceeded by not more than 0. data found outside the area are out of specification and can lead to rejection of an entire batch. What should you do first? .3% of a tested sample lot.Marked for review 29. What is defined by control limits? A measuring instrument solely used to describe process capability. The limits of the six sigma area on either side of a control chart to plot measured values.

Activity 3 of 5 days and Activity 4 of 6 days. Keep him on distance from the team. Use this information to enable you to make well-founded decisions earlier. Activity 2 of 10 days. The problem might be the customer disturbing project rhythm. Apply fast tracking to shorten project duration without additional work. Improve team communication and availability of high quality data on risks.Try to obtain additional budget and time. What is the minimum total duration between the Milestones A and B? 36 days 37 days 39 days 42 days Marked for review . Activity 1 has a duration of 20 days. Marked for review 31.

. what is the total minimum duration of the project? 37 days 19 days 34 days 49 days Marked for review 33.32. immoral or illegal actions at work to an authority figure. The following ADM diagram assumes the activity durations: A: 14 days E: 22 days B: 5 days F: 8 days C: 6 days G: 7 days D: 9 days H: 12 days Assuming that there are no other schedule constraints on the activities. The following statements regarding whistleblowing are true except It is the term used to define an employee’s decision to disclose information on unethical.

An employee should always discuss the matter with people external to the company before following the "chain of command" and discuss it with the immediate superior. Prevention means keeping errors out of the process by applying actions before the process starts changing its input."acceptable after rework" ."rejected". civil action and imprisonment. Marked for review 34. . Variables sampling means that the result is classified into one of the 3 categories:"acceptable" . The consequences of whistleblowing are often extreme and include possible being branded as having bad judgment. firing. Which of the following statements is not true? Attribute sampling is the process of assessing whether results conform to specifications or not. Carefully considered whistleblowing can lead to the end of unethical business practices.

Assumptions limit the project management team's options for decision making because they can not be controlled by the team. Assumption analysis is a valuable tool and technique of Risk Identification during documentation review in a risk identification workshop. Marked for review 35. In case of schedule or budget overruns. Marked for review . the documentation of assumptions supports a clear assignment of responsibility. Which statement describes best why you should document assumptions? Assumptions might prove to be wrong.Inspection is often mainly done to keep errors out of the hands of the customer instead of as a means of process control. Knowing which assumptions were incorrect allows baseline adjustments in case of project crisis.

which means higher productivity. Quality should mainly be achieved by testing and inspections of work results on a regular base. lower costs. What should you do? . All the following statements are true except It is axiomatic of the quality management discipline that the benefits outweigh the costs. and increased stakeholder satisfaction. Transfer) capital project. Marked for review 37. Operate.36. Reviewing the initial documentation you found out that it has been calculated with a very small margin during its operations for the shareholders. You have recently been assigned as a project manager to a new B-O-T (Build. The primary cost of meeting quality requirements is the expense associated with project quality management activities. The primary benefit of meeting quality requirements is less rework.

Perform all risk management processes. Ensure real-time communications with all stakeholders. Ensure maximum profits by buying the best and cheapest items. Focus on project costs from initiation through handover. you don't have to worry about operation profits.and integrating them. Which of the following statements is most likely to be true? The performing organization is a weak matrix.potentially from a big number of different suppliers . A project is managed by a project coordinator. The performing organization is doing "management by projects". Try to get a second project manager assigned to share decision making and accountability with the person.. components and modules .As you are not responsible for lifecycle costing. . Create a realistic plan broken down to a sufficient level of detail. Marked for review 38.

Which of the following statements concerning cross-cultural differences is true? Looking at the different ways how stakeholders from different countries organize their projects. The nonverbal dimension bears too many risks. Cultural dilemmas should be smoothed or suppressed to not allow them to disrupt project work. Communicating across cultures should only be done using language. some not. Some cultures have values. Marked for review 39.The performing organization is a strong matrix. there is no one "best way". The performing organization is projectized. .

In order to avoid such a situation. Activities in PDM which are not performed by team members. the project manager found out that it nevertheless has been implemented by the team members. Arrows in ADM which represent dependencies between nodes without real activities. Rejected change requests are input to which process? Schedule Development Scope Verification . A change request in a project has been rejected some weeks ago. but not of the rejection. Yesterday. which can be passed to the team members with the lowest IQ. Activities.Marked for review 40. who knew of the change request. What are dummy activities? Activities in PDM which are not necessary and can be dropped if time is running out. Marked for review 41.

a contractor is scheduled to deliver some software .Monitor and Control Project Work Information Distribution Marked for review 42. According to the project plan. What is a trigger in project risk management? An expected situation causing an unidentified risk to occur A warning sign that a previously identified risk might be occurring or has occurred An unexpected situation causing an identified risk to occur An unexpected situation causing an unidentified risk to occur Marked for review 43.

What is the term commonly used for this situation? Concurrent engineering Resource over-allocation Resource pooling Program management . A regular payment is due to be made to this contractor tomorrow. Marked for review 44. You should make the payment and reschedule the project plan. In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources. You must immediately find a different contractor. You should conduct a meeting with the contractor to resolve the delivery issues before making the payment. What should you do right now? You should delay payment for 2 weeks.components today afternoon. You and your project team received a note this morning informing you that the software delivery will be delayed by 2 weeks.

What . Connected. What does the acronym RACI commonly stand for in project management? Responsible. to be Communicated. Integrated Risk Analysis and Caution Initiative Randomly Accessible Cashflow Information Marked for review 46.Marked for review 45. Attached. Remote. to be Informed. Then you found out that it can not sufficiently be optimized for scarce resources and fast progress against a deadline. Accountable. You have used estimates made by your team members and applied Critical Path Method to compute a network logic diagram for your project.

Seller initial response .should you do next? Apply resource leveling heuristics to uncritical activities only. Marked for review 47. Reduce estimates on duration and work efforts by an adequate percentage. Apply 3-point estimation and Critical Chain Project Management. Remove physical constraints and replace hard logic with soft logic. A ________ is a pre-contract agreement that formally establishes the intent of one party to buy products or services from another party and establishes some preliminary consideration in order to reserve resources for the anticipated contract.

Memorandum of understanding Letter of intent Letter contract Marked for review 48. What should not be part of a risk management plan? Roles and responsibilities for handling risks Timing of risk management activities The managerial approach towards risk Individual risks .

000 ETC = 75. AC 275.000 EAC = 550.000.000.000 BTC = 400.000 BAC is 500. An estimation has been made that the construction of a residential home will cost a certain amount per square foot of living area. This is an example of what type of estimating? Analogous estimating .Marked for review 49.000. PV: 200.000 Marked for review 50. Being assigned as the project manager to a project you perform Earned Value Analysis and find the following results: EV: 250. What is right? EAC = 400.

Which of the following should not be reason for “rebaselining” in a project? Scope changes Cost variances Major schedule changes New information indicating that the basis for the original project cost estimates was incorrect .Bottom-up estimating Top-down estimating Parametric modeling Marked for review 51.

Which of the following is generally not regarded to be a motivator according to Frederick . Changes must still be documented and captured so that they do not cause problems later in the project.Marked for review 52. Marked for review 53. A new change control board (CCB) should be established. What is true when a change control system‘s provision for changes without formal review in case of emergency is being utilized? Changes can be simply applied without further managerial activities if they help solving the problem. The project baseline must be changed as well.

Herzberg? Working conditions and interpersonal relations Responsibility for enlarged task Interest in the task Recognition for achievement Marked for review 54. Companies and institutions most commonly hire project management leaders with A strict standing in negotiating Experience in tricking business partners .

3.Integrity and expertise A strong link to local traditions Marked for review 55. the manager of the contractor approached you to ask for changes to the payment schedule. This was 2 weeks after the scheduled delivery date and 3 weeks after the date necessary to qualify for the incentive payment. You are the project manager and have recently signed a contract with a service provider for the development of a complicated software solution This software is necessary to control the machinery equipment which your project team will develop. Which of the following should be the most appropriate initial step? Offer to pay 25% now and to reduce the final payment down to 15%. 4. Make sure that the contractor agrees in writing that the open work for your project will be done by their company with the highest priority. Point out that the contractor is not in a position to demand a change to the contract. They found that their initial work and costs were much higher than originally expected and they now wish to increase the second payment to 30% and reduce the final payment to 10%. It is a lump-sum contract with additional incentives for meeting predefined schedule targets. During the discussion you got the impression that the company is in serious financial trouble. . The payment schedule and incentives are as follows: 1. This morning. 10% 20% 50% 20% with order after submission of prototype (+ 5% if delivered one week early) after product delivery (+ 5 % if delivered one week early) after final product acceptance (+ 5 % if delivered one week early) Yesterday the company submitted the prototype to your project team. Ensure that sufficient pressure is applied to ensure that the delay doesn't get to big and no additional costs occur. 2.

then urgently meet the contractor. Which of the following is true in regard to the Code of Accounts? It allows one to easily identify the breakdown level of the item in the resource structure. Marked for review 56. and so on and check your time and budget contingencies. re-assess your risks related to scope. Revisit the processes of project risk management. .Offer the subcontractor to the pay the unearned incentive as an unbureaucratic measure to help the company and to make sure that they will be able to finish the work for your project. time. A review of management processes and the associated documentation is commonly called Audit Inspection Testing and measuring Screening Marked for review 57. costs.

You are the manager of your company's project management office. What should you do next? Ensure that quantitative information for all projects is being made available in a uniform fashion and that this information is reliable. The company is running many concurrent projects.It describes the coding structure used by the performing organization to report financial information in its general ledger. the morale of the staff is going down. Supporting decision making on the level on which project portfolio management is done. Do nothing related to the described problem unless you are explicitly requested by the organizations upper management. It defines ethical behavior in the project and the responsibilities to the customer and the profession. Understanding how resources are utilized across projects has been found essential to overall project performance. is not the project management office's business. including cost effectiveness and profitability. Then propose the appropriate decisions. Implement an enterprise project management software solution which is able to level the human resources across the various projects and which has the capability to model resource assignment on a percentage level thus optimizing resource utilization for the overall organization. . It is the collection of unique identifiers generally assigned to WBS items. Marked for review 58. This morning you received a message that the resource pool members will be unable to perform as planned for the next months because the overall work load has grown too high and while delays are adding up. most of them share a resource pool of technical staff. Then consolidate this information to get an understanding of the status of the portfolio.

Time/cost of WBS items and activities is easily estimated. But what are SMART objectives? Objectives specified in far more detail than necessary for a execution of a successful project. While you and your team are working on a WBS (Work breakdown structure). Objectives that are described using specific. Objectives that should be achieved in order to attain formal recognition by both the customer and the project sponsor. You have been assigned as a project manager to a software project. Marked for review 59. Which of the following criteria should probably not support your discussion at this moment? Status/completion of WBS items is measurable. . Marked for review 60. You have been criticized that certain specifications in your Scope Statement do not meet the test for SMART objectives. realistic and time-related specifications. Start/end events of work packages are clearly defined.Evaluating project management software which supports planning and scheduling across enterprise-wide project portfolios and helps managing the overall availability of enterprise resources is not the business of the project management office. measurable. you notice that you are spending a lot of time discussing the level of granularity needed to create a sufficiently decomposed document. assignable. Easily achievable objectives which help you reducing the pressure on yourself and the team.

After budget approval. The item has meanwhile been paid by the project team. Marked for review 61. You are performing Earned value technique on your project. which is the best formula to calculate EaC (Estimate at Completion)? EaC = BaC . What do you think? The information given to you by the colleague is not sufficient to assess project performance. In this case. and it is expected that for the remaining duration of the project. He told you that in his current project actual costs are 15% under cumulated costs budgeted for today. an additional and unexpected cost item has been identified.CV EaC = BaC / CPI EaC = AC + BtC / CV You can not compute the EaC. During a company event.Resource availability can be reliably foreseen. you had the opportunity to talk to a colleague project manager. which made the project more expensive some weeks ago. The project will probably be completed with total costs remaining under budget until the end. . costs will be as budgeted. Marked for review 62.

A project is a temporary endeavor undertaken to create a unique product. service or result. Marked for review 63.A significant cost increase during the further course of the project will probably bring the costs back to baseline level. What is the meaning of a concept called the "Journey to Abilene"? Project managers should visit their customers far more often than what is usual in order to avoid misunderstandings and bad emotions. Marked for review . Original cost forecasting and budgeting for the project must have been poor to allow this variance. Repeating it would be similar to making the same journey twice. that a jointly made or approved decision is not desired by any individual group member. Committee decisions can have the paradox outcome. International projects may have an increased need for traveling which can lead to additional costs and troubles with time zones.

Contract. the sequence of project phases and phase gates is often referred to as Project life cycle. CWBS (Contractual work breakdown structure). Project scope statement. 6. The Project life cycle describes how iterations of project management processes are used when a project schedule is developed.6. 3. Scope of work descriptions. Marked for review 65. Preliminary project scope statement. 3. 5. Scope statement. Which is for most project situations an appropriate order for the development of scope related documents? 1. Project charter. Feasibility study. Contractual Work breakdown structure. 4. Which of the following statements describes best the relationship between project phases and the Project life cycle? The Project life cycle includes the time when the project is performed and the expected product lifespan after that. 3. 1. In project management. CSOW (Contractual statement of work). PID (Project initiation .4. Business case. 2. 4. 2. Project scope management plan. WBS dictionary. 6. 5. Project SOW (Statement of work). WBS (Work breakdown structure) and WBS dictionary. 2. 1. Work breakdown structure. Project charter. The Project life cycle is regarded as a sequence of project activities while phases are defined to control overlapping activities.64. 5.

6. A graph that is to be integrated to generate a normal curve. Change management plan. Marked for review 66. 3. CAP (Control account plan). Project scope statement. The graph that describes the typical growth of earned value during the course of the project.document). What is the S-curve in project management? A graph that is generated if a normal curve is integrated. Scope baseline. Marked for review . 5. A metaphoric description of the short term uncertainties that are present in every project. 4. Project charter. 2. BOM (Bill of materials). 1.

. .. and will meet specified program needs. Ensuring timely revisions to the established functional baseline documentation in order to avoid problems from excessive description deltas. Marked for review Which statement describes best the meaning of the term Cost baseline? 69.for each element at the lowest level of the work breakdown structure.. Ensuring that proposed and approved engineering changes to configuration items are fully coordinated and documented. This a description of what types of resources are required in what quantities. Marked for review 68.where the term resources is limited to equipment and be obtained solely from the performing organization.. . Ensuring timely revisions to the established technical baseline documentation in order to avoid problems from excessive description deltas. . complete.where the term resources is limited to human resources.. What is not the purpose of Configuration control when Configuration management is applied in a project? Verification that the configuration identification for a configured item is accurate.. .. The output of the resource planning process is a document "resource requirements".. ..67.

Marked for review 70. Data to draw a cost baseline can be easily generated and updated as necessary from information related to actual project cost. . risk of loss. A cost baseline is an approved time-phased budget that will be used to measure and monitor cost performance on the project. Which is not true in regard of RoI (Return on Investment) for a project? It defines the cumulated net income from an investment at a given point in time or during a defined period. direct and indirect costs and may include allowances for capital cost. depreciation.A cost baseline is always created by translating time-phased cost information into cost data on activity or work-package level. A cost baseline is usually displayed in the form of an inverse S-curve drawn from the beginning of the project until data date. It includes investment. It is the time when cumulated net income is equal to the investment. and/or inflation. It is most commonly stated as a percentage of the investment or as a dimensionless index figure.

000 AC: $1. Marked for review 72. What is the most likely outcome of such a measure? Changing team assignments during late course of a project typically increases cost efficiency.000 AC: $2.500.300. Grade is a category or rank given to entities having different functional requirements but the same need for quality.000The sponsor considers to shift some resources from Project A to Project B to speed up the second project which is currently behind schedule.000 EV: $1. A project sponsor requested Earned Value Data on two concurrent projects from the project managers. Which of the following statements describes best the relationship of quality and grade? Low grade is always a problem. Both projects are regarded as equally important and strategically beneficial and have been finished by over 80%. He received the following information:Project A: PV: $1.000Project B: PV: $2. According to the Law of diminishing returns. According to the Law of diminishing returns. the consolidated Cost variance of the two projects will increase.000 EV: $2.Marked for review 7 1. . Changing team assignments during late course of a project typically increases time efficiency.800.100.600.000. low quality may be overcome by a good rework and repair process. the consolidated Cost variance of the two projects will decrease.

Subnets or fragnets Subprojects Programs WBS items Marked for review 74.Both quality and grade can often be improved through intelligent measuring. low grade may sometimes be acceptable. investors require compensation for which of the following? . testing and examining. Low quality is always a problem as it bears on an item's ability to meet requirements. Marked for review Network templates which contain only portions of a network are often referred to as 73. In making an investment in a project.

The risk-free rate of return plus a risk exposure premium plus a premium for expected inflation Sacrifice of immediate use of cash for consumption or other investments. . possibility of inflation and risk Payback period in years x investment x (1 + discount rate)periods Inflation and depreciation Marked for review 75 . Activity F is a logical dangle in relation to the burst point after the start milestone. You can not calculate a critical path when lags and/or leads are calculated in percent. You just created the following network logic diagram to describe the planned flow of activities for your project which will start tomorrow: Which potential inconsistency in the diagram should you solve right now? Activity E is a logical dangle in relation to the sink before the finish milestone.

63. 74? Then check this link for free Decision Tree Software. . but practicing is always helpful. % I am. from Canada mailed Oct 11 2003: "I passed the test! Thanks for the 75 prep questions.Activities E to F need another task drawn as a hammock to calculate Level Of Effort. Of course.generally interested in the PMP certification.already certified as a PMP. I can not guarantee for their quality.. if you want to send us yours. 70. 37... More providers of free PMP prep questions Christelle P.on my way to pass the PMP exam. And don't forget to ask for the free "Guided Risk Register" Access database application to help you better understand the Project Risk Management knowledge area processes. Reset all answ ers Result: of 75. 27. . Did you stumble over the questions 2. Please note: The Solve Sample Test function and some other functions in this page use Javascript and Dynamic HTML which are not supported by all browsers... 13. Finished? We love to see results and are interested in any comments. Click here. .. You will find a lot of helpful articles and a software tool Occam's Tree which can aid you understanding better—even as a free trial .. .. The only way to succeed is to write tons of practice exams!" So true! Here are some more free sample tests.

but today. There are wrong answers in the copied version where the original answers have been Order their free Daily Digest as an e-mail Oliver F.whizlabs.headfirstlabs. A Note to my Visitors Thanks a lot  to all who informed me that the owners of the website bestsamplequestions. has made errors when he copied the MeasureUp 50 200 free questions with CertGear www. They were good some years ago. if a description may be no more right. ProXalt www. which relate to an older version of the PMP exam and many of them are clearly outdated. I assume that he dislikes feedback and would be unable to answer questions.tutorialspoint. - are open for discussion and feedback . represented by a Mr Karamveer . Roger Voight has a large body of free questions. Tutorials Point 10 PMExam. if you have any comments on the quality and relevance of test questions. 20 Registration 15 Whizlab www. have copied my sample questions and re-published them assigned with their copyright The attributation for my work may be honorable. 20 200 PDF file with 2MB for download.pmexam. - reference to the appropriate body of knowledge. I also value rightful copyright information and a reference to the author. But: I prefer to be asked before my material is used by others—I would probably have allowed it. My sample questions above and in my seminars - match the updated exam (per September 2005). Mr Singh offers questions.measureup. does not offer a contact option.4pmti. This is how I am quoting others or use their materials in my websites and seminar literature where Head First Labs Certification. PMP if you are another provider. www. It serves as an appetizer for the Head First PMP prep book published in 3/07.of which I receive a lot.about. 200 200 Test Prep Review ? PM Study 15 Registration needed.certgear. Many of them are also helpful for CAPM candidates. or if a link to an offering is Voight Project Solutions www.pmconnection. A great resource.proxalt.voightps.pmstudy. Lehmann. We Germans have a term for that: Gute Kinderstube – good manners from good education by good parents. Downloadable free trial copy of exam simulator with 15 175 PDF file with 1MB for download. . they can lead test takers to failure. Lehmann Free Test Questions 20 6 Comment Prep questions in German language from the translators of the PMBOK Guide Downloadable free trial copy of CertGear's exam simulator with 20 questions. Nevertheless. 7 Simulates online a test environment similar to the original www. - are written against PMI's original PMP Examination Specification. Please send an e-mail to Oliver 15 My friend and colleague Dr.oliverlehmann. - have been peer-reviewed for correctness and appropriateness.about. PMTI www.testprepreview. Just like the real thing: Questions are written against the PMP Examination Specification and reference to a current project management source PMConnection www.Provider URL 9:pm GmbH de.

Singh is only interested in making easy money (via AdSense). updated 09 March 2007. PMP. Oliver F. it does not matter to him whether his web site leads exam candidates to passing or failure. Germany .My perception: Mr. Lehmann. 20 Apr 2006. Munich.