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Module4 TimeManagement

PMPExamQuestions

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Question1
Aprojectmanagerwasassignedtoleadateamtodevelopa
newITsystemtospeedupinventorytrackingforthe
publishingindustry.Duringprojectexecuting,alarge
numberofchangesaremadetotheproject.Theproject
managershould:
A. Waituntilallchangesareknownandprintoutanew
schedule.
B. Makeonlythechangesapprovedbymanagement.
C. Makeapprovedchangesasneeded,butretainthe
schedulebaseline.
D. Talktomanagementbeforeanychangesaremade.

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Question2
Aprojectmanagerforaconsultingcompanyhasaproject
thatwasbudgetedforUS$250,000overaneightweek
period.Accordingtoherschedule,theprojectshouldhave
costUS$80,000todate.However,ithascostUS$120,000
todate.Theprojectisalsobehindschedule,becausethe
originalestimateswerenotaccurate.Whohastheprimary
responsibilitytosolvethisproblem?
A. Seniormanagement
B. ProjectSponsor
C. Projectmanager
D. Manageroftheprojectmanagementoffice

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Question3
Anfirmmadeupofwellknownarchitects,hasbeen
awardedaveryimportantcontracttodesignanew
shoppingmalltoimprovethequalityoflifeoftheregion.
Tocontroltheschedule,aprojectmanagerisreanalyzing
theprojecttopredictduration.Hedoesthisbyanalyzing
thesequenceofactivitieswiththeleastamountof
schedulingflexibility.Whattechniqueisheusing?
A. Flowchart
B. Precedencediagramming
C. WBS
D. Criticalpathmethod
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Question4
Asemiconductorcompanydevelopinganew
customchipforamanufacturerofgamingdevices
needstomakeadecisiononaproject.A
dependencyrequiringthatdesignbecompleted
beforemanufacturingcanstartisanexampleof
whattypeofrelationship:
A. Mandatorydependency.
B. Discretionarydependency.
C. Externaldependency.
D. Scopedependency.

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Question5
Duringaprojectmeeting,aprojectmanagerina
companythathasareputationforalwaysdeliveringits
finishproductsontimeisfacedwiththefollowing
question:Iftheoptimisticestimateforanactivityis12
days,andthepessimisticestimateis18days,whatis
thestandarddeviationofthisactivity?
A. 5
B. 1.3
C. 2.4
D. 1

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Question6
Aprojecthasidentifiedalargenumberofriskswhen
estimatingtheworkrequiredbyacustomer.Whichof
thefollowingbestdescribestherelationshipbetween
standarddeviationandrisk?
A. Thereisnorelationship
B. Standarddeviationtellsyouhowuncertainthe
estimateis.
C. Standarddeviationtellsyouiftheestimateis
accurate.
D. Standarddeviationtellsyouiftheestimateincludes
apad.
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Question7
Theprojectmanagerhasbeenaskedbythecustomerif
theproductthattheprojectisdesigningcanbe
delivered1monthaheadofschedule.Thefloatofan
activityisdeterminedby:
A. PerformingaMonteCarloanalysis.
B. Determiningthelengthoftimetheactivitycanbe
delayedwithoutdelayingthecriticalpath.
C. Determiningthewaitingtimebetweenactivities.
D. Determininglag.

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Question8
Anewstartupcompanythatjustreceivedagrantfrom
thegovernmenthasjusthiredJanetobetheproject
manager.Janeisworkingonthescheduleforaproject
andhasidentifiedthattheprojecthasthreecritical
paths.Whichofthefollowingbestdescribeshowthis
affectstheproject?
A. Itmakesiteasiertomanage.
B. Itrequiresmorepeople.
C. Itincreasestheprojectrisk.
D. Itmakesitmoreexpensive.
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Question9
Acompanyinthepublishingindustryhasjustlauncheda
newITinfrastructureprojectandassignedyouasthe
projectmanager.Ifprojecttimeandcostarenotas
importantasthenumberofresourcesusedeachmonth,
whichofthefollowingistheBESTthingtodo?
A. PerformaMonteCarloanalysis.
B. Fasttracktheproject.
C. Performresourceoptimization.
D. Analyzethelifecyclecosts.

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Question10
Yourcustomerneedstocomplywithanewgovernment
regulationandneedsthesoftwarethatyourprojectisaboutto
complete.Whichofthefollowingisthebestthingtodowhen
askedtocompleteaprojecttwodaysearlierthanplanned?
A. Tellseniormanagementthattheprojectscriticalpathdoes
notallowtheprojecttobefinishedearlier.
B. Meetwiththeteamtolookatoptionsforcrashingorfast
trackingthecriticalpath.
C. Tellyourboss.
D. Workhardandseewhattheprojectstatusisnextmonth.

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Question11
Aconstructioncompanythatdevelopsapartmentbuildings
hasrecentlywonaprojectforalocalrealestatecompany.
Theprojectmanagerisinthemiddleofexecutingavery
largeconstructionprojectwhenhediscoversthetime
neededtocompletetheprojectislongerthanthetime
available.Whatisthebestthingtodo?
A. Cutproductscope.
B. Meetwithmanagementandtellthemtherequireddate
cannotbemet.
C. Determineoptionsforschedulecompressionand
presentmanagementwithhisrecommendedoption.
D. Workovertime.
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Question12
Yourfirmwantstointroduceanewserviceinthehospitality
industryinapopularvacationdestination.Duringproject
planningyouestimatethetimeneededforeachactivityand
thenadduptheestimatestocreatetheprojectestimate.You
committocompletingtheprojectbythisdate.Whatiswrong
withthisscenario?
A. Theteamdidnotcreatetheestimate,andanetwork
diagramwasnotused
B. Theteamdidnotcreatetheestimate,andestimatingtakes
toolongusingthatmethod.
C. Theestimateistoolongandshouldbecreatedby
management.
D. Theprojectestimateshouldbethesameasthecustomers
requiredcompletiondate.

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Question13
YouareaprojectmanageronaUS$7,000,000software
developmentprojectforabank.Whileworkingwith
yourprojectteamtodevelopanetworkdiagram,you
noticeaseriesofactivitiesthatcanbeworkedin
parallelbutmustfinishinaspecificsequence.What
typeofactivitysequencingmethodisrequiredfor
thesesactivities?
A. Arrowdiagrammingmethod
B. Criticalpathmethod
C. Operationaldiagrammingmethod
D. Precedencediagrammingmethod
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Question14
YouareaprojectmanageronaUS$4,000,000software
projectinthetelecommunicationsindustry.Whileworking
withyourprojectteamtodevelopanetworkdiagram,your
dataarchitectssuggestthatqualitycouldbeimprovedifthe
datamodelisapprovedbyseniormanagementbefore
movingontootherdesignelements.Theysupportthis
suggestionwithanarticlefromaleadingsoftware
developmentjournal.Whichofthefollowingbestdescribes
thistypeofinput?
A. Mandatorydependency
B. Externaldependency
C. Discretionarydependency
D. Heuristic

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Question15
Youhaveaprojectwiththefollowingactivities:ActivityAtakes
40hoursandcanstartaftertheprojectstarts.ActivityBtakes25
hoursandshouldhappenaftertheprojectstarts.ActivityCmust
happenafteractivityAandtakes35hours.ActivityDmust
happenafteractivitiesBandCandtakes30hours.ActivityE
musttakeplaceafterActivityCandtakes10hours.ActivityF
takesplaceEandtakes22hours.ActivitiesFandDarethelast
activitiesoftheproject.Whichofthefollowingistrueifactivity
Bactuallytakes37hours?
A. ThecriticalpathisStart,A,C,E,F,End
B. Thecriticalpathis67hours.
C. ThecriticalpathchangestoStart,B,D,End.
D. Thecriticalpathincreasesby12hours.
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Question16
Andrugmanufacturerisinthemiddleofaresearch
anddevelopmentprojectwiththegoalofcreatinga
newdrugtocombatadeadlyillness.Theproject
managerhasreceivedactivitydurationestimates
fromhisteam.Whichofthefollowingdoesheneed
inordertocompletetheDevelopSchedule
process?
A. Reserves
B. Changerequests
C. Schedulechangecontrolsystem
D. Recommendedcorrectiveactions

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Question17
Acompanyisinthemiddleofaprojectthatrequires
2,500workpackages.Theprojectmanagerisusing
weightedaveragedurationestimatestoperform
schedulenetworkanalysis.Whichtypeofmathematical
analysisisbeingused?
A. Criticalpathmethod
B. MonteCarlo
C. Resourceleveling
D. Betadistribution

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Question18
Acompanythatmanufacturesfiberopticsrecently
startedaproductdevelopmentproject.Theprojecthas
fourlevelsintheWBSandhasbeensequencedusing
theprecedencediagrammingmethod.Theactivity
durationestimateshavebeenreceived.Whatshouldbe
donenext?
A. Createanactivitylist.
B. BegintheWBS.
C. Finalizetheschedule.
D. Compresstheschedule.
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Question19
Yourmanagementhasinformedyouthatthecustomeris
nothappywiththeprojectscheduleprovidedbyyour
project.Theprojectiscalculatedtobecompletedfourdays
afterthedesiredcompletiondate.Youdonothaveaccess
toadditionalresources.Theprojectislowrisk,thebenefit
costratioisexpectedtobe1.55,andthedependenciesare
preferential.Underthesecircumstances,whatisthebest
thingtodo?
A. Makemoreactivitiesconcurrent.
B. Cutmoreresourcesfromanactivity.
C. Moveresourcesfromthepreferentialdependenciesto
theexternaldependencies.
D. Removeanactivityfromtheproject.

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Question20
Yourcompanydesignspartsforairplanes,ateam
memberfromtheengineeringdepartmenttellsyou
thathisworkistoocreativetoprovideyouwithafixed
singleestimatefortheactivity.Youbothdecidetouse
theaveragelaborhourstodevelopaprototype(from
pastprojects).Thisisanexampleofwhichofthe
following?
A. Threepointestimating
B. Parametricestimating
C. Analogousestimating
D. MonteCarloanalysis
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Question21
Youareinthemiddleanalyzingthescheduleforyour
projecttodetermineifyoucanmeetthedeadlineset
upbythesponsor.Anactivityhasanearlystart(ES)of
day3,alatestart(LS)ofday13,anearlyfinish(EF)of
day9,andalatefinish(LF)ofday19.Theactivity:
A. Isnotonthecriticalpath.
B. Isonthecriticalpath.
C. Hasalag.
D. Isprogressingwell.

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Question22
Yourcompanyisinaverycompetitiveindustrywhere
youliveordiebytheschedule.Youaretheproject
managerforanewproductdevelopmentprojectthat
hasfourlevelsintheWBS.Thenetworkdiagramand
durationestimateshavebeencreated,andaschedule
hasbeendevelopedandcompressed.Whichtime
managementactivityshouldyoudonext?
A. ControlSchedule.
B. EstimateActivityResources.
C. Analogouslyestimatetheschedule.
D. Gainapproval.
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