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1. ________ is typically not referred to as a buffer type in Critical Chain project management. Resource buffer Free buffer Feeding buffer Project 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 project. 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: 2. year: 3. year: $ 15,000 $ 125,000 $ 220,000

Assumed is a discount rate of 5% per year. Looking at the present values of the benefits of these projects 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. A special cause should be investigated, 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 numbers: 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 authority level of the project manager Detailed control account and work package descriptions The business need that the project was undertaken to address High-level risks

A document called ____________ is created by decomposing the project scope into smaller.Test time: 018:43:39 .Total test time: 90 Min. Page 5 of 43 See references Marked for review 7. more manageable elements. Which of the following tools is used to create a Risk Management Plan? Risk planning meetings Documentation reviews Data precision rankings Diagramming techniques . Scope Statement Network Logic Diagram Work Breakdown Structure Requested Change See references Marked for review 8.

The remaining 84 housings are getting mounted to the power plant pipe work. Restructure your team and delegate tasks in order to ensure the flow of communications in a team with the number of communication channels increased by a factor of 4. The 91 housings are then being machined. 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. During a pressure test after this process step it is found that 12 valves are leaking. In order to speed up a project. 15 are found leaking from micro-porosities in a subsequent pressure test.65 . 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. 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. 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. Out of these a number of 6 valves can be saved by replacing the sealing rings used. After this process step 10 machined castings are found leaking. See references Marked for review 10. Out of this batch. He starts with 100 raw items which are made as metal castings.5. 6 of these housings can be recovered by a special sealing process for raw castings.78 RTY = 0. What is true? RTY = 0.Total test time: 90 Min. 3 of these items can also be saved using another sealing process for machined castings.84 RTY = 0.91 RTY = 0. A project manager needs a certain number of identical valve housings for a power station project. Finally the project manager has 78 valves which he can use. Page 6 of 43 See references Marked for review 9.Test time: 018:43:39 .

The project came in behind schedule but on budget. See references Marked for review 12. The project came in on schedule but over budget. Page 7 of 43 See references Marked for review 11. and objectives. CPI = 1.Total test time: 90 Min. tracked.Test time: 018:43:39 . The project came in ahead of schedule but on budget.7. You found the following Earned Value Analysis information for a recently closed out project: SPI = 0. and reported. It should describe how requirements activities will be planned. opportunities. It should trace requirements to business needs. It should trace high-level requirements to more detailed requirements. . At that time the project was behind schedule and on budget. The project's deliverables have all been finished. Which should be included in a Requirements management plan? The document should trace requirements to project scope / WBS deliverables.0 The project has been cancelled while it was executed. goals. The project's deliverables have all been finished. The project's deliverables have all been finished.

In a traditionally drawn decision tree. a decision to which no Expected Monetary Value can be assigned so that a likely payoff can not be shown. a circle represents ___________. A project management team has subcontracted work to a service company. Page 8 of 43 See references Marked for review 13. See references Marked for review 14.Test time: 018:43:39 . Which of the following tools is the best choice to assure that this company will be able to meet the quality requirements of the project? Quality audit Deliverable inspection Fixed price contract Service level agreement .Total test time: 90 Min. a chance to which an Expected Monetary Value may be assigned to calculate the most likely pay-off. a decision to which an Expected Monetary Value may be assigned to calculate the most likely pay-off. a chance to which no Expected Monetary Value can be assigned so that a likely payoff can not be shown.

but some of them have long been in a teacher-student or manager-assistant relationship.000 $1.300.000 Which is the PTA (= Point of total assumption. There is a small number of experts available. With your team you are using judgment from subject matter experts to identify and analyze project risks.Total test time: 90 Min.000. Break point) of the project? $1. You are running a project for a customer based on a cost reimbursable contract with the following terms: Target costs: Fixed fee: Benefit/cost sharing: Price ceiling: $ $ 100. Page 9 of 43 See references Marked for review 15.000 $80.000 .000 80% / 20% $ 1.000 $1. Which of the following techniques can ensure best that there is no dominating opinion during an expert review? Peer review SWOT analysis Delphi technique Monetary value calculation See references Marked for review 16.Test time: 018:43:39 .500.

The customer will not realize the problem anyway. The customer is unaware of these facts. Activity B 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. Activity A has a total float of 10 d. See references Marked for review 18. Try to find a responsible person for the over-assignment who can be made accountable. what is true? Activity B has a free float of 10 d. Upon further investigation. he determines that this occurred because there have been no other project assignments open for these employees. . Take the two people off the team immediately and arrange for the refund of the excess charges to the customer.Total test time: 90 Min. Page 10 of 43 See references Marked for review 17. During execution of a project which is performed for a customer on a T&M (Time and Material) contract base. finish dates are evening.Test time: 018:43:39 . In the following network logic diagram start dates are defined as early morning. The best thing is to do nothing. a new project manager is taking over the assignment. He discovers that two members assigned to the project have charged time without performing any work for the project customer. If tasks are scheduled to begin at early start date. Activity A has a free float of 10 d.

Total test time: 90 Min.Test time: 018:43:39 . A project management team wants to procure some customized products which are available in identical grade and quality from many vendors. 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 . What should be included in the procurement package to ensure that their offers will be comparable? 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. 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 See references Marked for review 20. The project progress has been found to be too slow. Page 11 of 43 See references Marked for review 19. Your project is executed with a globally spread virtual team.

Page 12 of 43 See references Marked for review 21. Your customer informed you this morning that they insist on certain "refinements" of the project scope. You are assigned as the project manager to a project which is executed for a customer under FP contract. . 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. What should you do next? Accept the request of the customer. the scope statement and other documents related to the project and the contract. You agree that the requested actions make really sense to the project. but believe that they constitute a major change increasing the project scope.Total test time: 90 Min. Check the contract. 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.Test time: 018:43:39 . 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. Which of the following becomes increasingly important in a virtual team environment? Requirements engineering Communication planning Formal procurements closure Network diagramming See references Marked for review 22. the project charter. Implement ADR (Alternative Dispute Resolution) procedures if the conflict cannot be resolved otherwise.

See references Marked for review 24.Test time: 018:43:39 . too. A process can be optimized to limit the bandwidth of variations due to random causes.Total test time: 90 Min. Page 13 of 43 See references Marked for review 23. What is most likely to be true? The contractor‘s indirect costs will increase and 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. The contract defines a fixed fee to cover the contractor‘s indirect costs and allow a profit. . The contractor‘s indirect costs will not increase but the customer‘s payment for them will. Which of the following statements is not true? Normal process variation is attributable to random causes and sometimes also called "white noise". Special causes are unusual events which are difficult to foresee and mostly produce outliers. Special causes are easier to predict and handle than random causes (also called common causes). A project management team is evaluating the causes that might contribute to unsatisfactory performance and quality. Neither the contractor's indirect costs nor the customer‘s payment for them will increase. During a project the scope of a product purchased on a cost reimbursable contract has increased.

The consistency of the project management plan is secondary because it is only the results that matter. updated and working project management plan. What should you do? Create contingency reserves in resources. Develop a plan to minimize the probability of occurrence for identified risks. You want to perform active risk acceptance. Develop a plan to minimize impact in case that an identified risk occurs. 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. Poor planning and insufficient updating of project management plans are common reasons for cost and time overruns.Total test time: 90 Min. . Make additional resources available to speed up the project. money and time. but the benefits include less pressure on all stakeholders and a resulting product that will satisfy the requirements. See references Marked for review 26.Test time: 018:43:39 . Which of the following statements is not true? Projects should never be executed without a valid. Page 14 of 43 See references Marked for review 25. A great deal of effort is required to develop and update a project plan.

Test time: 018:43:39 . . but before contract award. Page 15 of 43 See references Marked for review 27.Total test time: 90 Min. A project manager made 3-point estimates on a critical path and found the following results: Assuming ±3 Sigma precision level for each estimate. 6.2 days App. Prior to the submittal of a bid or proposal by the bidder. After technical meetings with bidders to discuss contract requirements. 4. See references Marked for review 28.2 days App.2 days You can not derive the path standard deviation from the information given. When do bidder conferences normally take place? After the contract has been awarded to keep alternatives open. what is the standard deviation of the allover path? App. After submittal of bid or proposal. 5.

3% of a tested sample lot. 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 See references Marked for review 30. WBS. The limits of the six Sigma area on either side of a control chart to plot measured values. The process is found capable if the ±3 Sigma range is exceeded by not more than 0. The Scope baseline consists of what? Scope statement. and WBS dictionary Cost baseline. Quality baseline and Schedule baseline Configuration management plan and Configuration identification document Procurement statement of work and Project scope statement .Test time: 018:43:39 . Page 16 of 43 See references Marked for review 29. What is defined by control limits? A measuring instrument solely used to describe process capability. data found outside the area are out of specification and can lead to rejection of an entire batch.Total test time: 90 Min.

What is the minimum total duration between the Milestones A and B? 36 days 37 days 39 days 42 days See references Marked for review 32. Activity 2 of 10 days.Total test time: 90 Min. Which tool and technique is used to Create WBS and Define activities? Nominal group technique Human resource assignment Brainstorming Decomposition . Page 17 of 43 See references Marked for review 31. Activity 3 of 5 days and Activity 4 of 6 days. Activity 1 has a duration of 20 days.Test time: 018:43:39 .

. Prevention means keeping errors out of the process by applying actions before the process starts changing its input. a b b. civil action and imprisonment. c. b. d. The consequences of whistle-blowing are often extreme and include possible being branded as having bad judgment. c c.Total test time: 90 Min. Which of the following statement(s) regarding whistle-blowing is/are not true? a.Test time: 018:43:39 . It is a term used to define an employee’s decision to disclose information on unethical. Inspection is often mainly done to keep errors out of the hands of the customer instead of as a means of process control."acceptable after rework" . immoral or illegal actions at work to an authority figure. Carefully considered whistle-blowing can lead to the end of unethical business practices. 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. Variables sampling means that the result is classified into one of the 3 categories: "acceptable" ."rejected". Which of the following statements is not true? Attribute sampling is the process of assessing whether results conform to specifications or not. Page 18 of 43 See references Marked for review 33. d See references Marked for review 34. firing.

the documentation of assumptions supports a clear assignment of responsibility.Test time: 018:43:39 . In case of schedule or budget overruns.Total test time: 90 Min. Knowing which assumptions were incorrect allows baseline adjustments in case of project crisis. Assumption analysis is a valuable tool and technique to explore the validity of assumptions during risk identification. Which statement describes best why you should document assumptions? Assumptions might prove to be wrong. Which is normally not regarded as an element of Cost of quality? Prevention costs Maintenance cost Appraisal costs Failure costs . Assumptions limit the project management team's options for decision making because they can not be controlled by the team. Page 19 of 43 See references Marked for review 35. See references Marked for review 36.

A project is handled by departments of an organization and expedited by a project coordinator.potentially from a big number of different suppliers . Try to get a second project manager assigned to share decision making and accountability to shareholders with the person. Ensure maximum profits by buying the best and cheapest items. Create a realistic plan broken down to a sufficient level of detail. Which of the following statements is most likely to be true? The performing organization is a weak matrix.and integrating them.Total test time: 90 Min. components and modules . Page 20 of 43 See references Marked for review 37. Perform all risk management processes.Test time: 018:43:39 . you don't have to worry about operation profits. What should you do? As you are not responsible for lifecycle costing. The performing organization is doing "management by projects". . Ensure real-time communications with all stakeholders. Transfer) capital project. Reviewing the initial documentation you found out that it has been calculated with a very small margin during operations of its product for the shareholders. The performing organization is projectized. See references Marked for review 38. Focus on project costs from initiation through handover. The performing organization is a strong matrix. You have recently been assigned as a project manager to a new B-O-T (Build. Operate.

. Page 21 of 43 See references Marked for review 39. others are more primitive. The nonverbal dimension simply bears too many risks. Your effort should concentrate on communication that can help reach that goal. not issues. As norms regarding communication habits differ significantly across various cultures.Total test time: 90 Min. some not. What can you try to prevent misunderstandings due to cross-cultural differences? Use all communication methods available that are suitable for the team and follow up in writing when communicating verbally. Conflict is natural and forces a search for alternatives. Too much openness is a common cause of conflict.Test time: 018:43:39 . You should consequently avoid choosing members from countries with cultures that are not similar to your own. When you are about to form a team for your project. Remember that cultural and individual diversity may help project teams solving unforeseen problems during the course of the project. Conflict should always be handled in private and not in the team. Cultural dilemmas can prevent any project from being successful. communicating between people from different countries should only be done using language. They should therefore be smoothed or suppressed so as to make sure that they cannot disrupt project work. See references Marked for review 40. You are project manager in a global project with a team consisting of people from various countries. Some have values. keep in mind that some cultures are developed. Which statement on conflicts is true? Conflict resolution should focus on people.

Page 22 of 43 See references Marked for review 41. 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 . the project manager found out that it nevertheless has been implemented by the team members. A change request in a project has been rejected some weeks ago. who knew of the change request. Yesterday. Rejected change requests should be consistently communicated to stakeholders through which process? Report performance Verify scope Perform integrated change control Monitor and control risks See references Marked for review 42. In order to avoid such a situation. but not of the rejection.Test time: 018:43:39 .Total test time: 90 Min.

What should you do right now? You should delay the payment also for 2 weeks. You and your project team received a note this morning informing you that the software delivery will be delayed by 2 weeks. You should make the payment and reschedule the project plan. A regular payment is due to be made to this contractor tomorrow. Page 23 of 43 See references Marked for review 43. What is the term commonly used for this situation? Concurrent engineering Resource over-allocation Resource pooling Program management .Total test time: 90 Min. You should conduct a meeting with the contractor to resolve the delivery issues before making the payment. You must immediately find a different contractor. See references Marked for review 44. In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources. According to the project plan.Test time: 018:43:39 . a contractor is scheduled to deliver some software components today afternoon.

You have used estimates made by your team members and applied the Critical path method to compute a Network logic diagram for your project. Integrated Risk Analysis and Caution Initiative Randomly Accessible Cashflow Information See references Marked for review 46. Reduce estimates on duration and work efforts by an adequate percentage. Attached. to be Informed Remote. What does the acronym RACI commonly stand for in project management? Responsible. Connected.Total test time: 90 Min. .Test time: 018:43:39 . Then you found out that it cannot be sufficiently optimized for scarce resources and fast progress towards a given deadline. Page 24 of 43 See references Marked for review 45. Apply Three-point estimation and Critical chain project management. Accountable. to be Consulted. Remove physical constraints and replace hard logic with soft logic. What should you do next? Apply resource leveling heuristics to uncritical activities only.

What should not be covered by a risk management plan? Roles and responsibilities for handling project risks Timing of project risk management activities The methodological approach used for risk management Individual risks and potential responses to them . ... ....Test time: 018:43:39 . Liquidated damages (LDs) are contractually agreed payments in order to. See references Marked for review 48.penalize the contractor for late completion of a project or failure to meet specifications. ....make a bid or proposal binding for the offerer while the customer has time to select among various bidders..give the contractor an incentive to meet an aggressive schedule or challenging quality objectives.cover the customer's costs caused by late completion or failure to meet specifications by the contractor. .Total test time: 90 Min. Page 25 of 43 See references Marked for review 47..

You are assigned as the project manager to a project which had a on-time cost variance in the past caused by unexpected rework which has meanwhile been finished.000 EAC = 525.000. You perform Earned Value Analysis and find the following results: EV: 250.000 EAC = 500.000 EAC = 425. Page 26 of 43 See references Marked for review 49. What is right? EAC = 550.000.000 BAC is 500.Test time: 018:43:39 .Total test time: 90 Min. This is an example of what type of estimating? Analogous estimating Bottom-up estimating Top-down estimating Parametric modeling . PV: 200. AC 275.000 See references Marked for review 50.000. An estimation has been made that the construction of a residential home will cost a certain amount per square foot of living area.

What is true for prototypes? Prototyping causes significant costs and should be avoided wherever possible. Prototypes increase the risk of misunderstandings between developers and users. Page 27 of 43 See references Marked for review 51. A direction by the buyer or an action taken by the seller that the other party considers an undocumented change to the contract.Total test time: 90 Min. Prototypes are mostly developed toward the end of a design or build phase. service or result and is discussed generally in a friendly style. What is a constructive change? A change request that helps improving the project and its product. See references Marked for review 52. They are tangible and allow for early feedback on requirements by stakeholders. A change request which will lead to the re-construction of an older version of the project performance baseline by the contractor. A field change or ad-hoc change mandated by the project customer in a public construction project.Test time: 018:43:39 . .

to show experience in tricking business partners ..Test time: 018:43:39 ... to have a strict standing in negotiating .. Page 28 of 43 See references Marked for review 53.. What is true for modern project management? Project managers need. Which of the following is generally not regarded to be a motivator according to Frederick Herzberg? Working conditions and interpersonal relations Responsibility for enlarged task Interest in the task Recognition for achievement See references Marked for review 54.. to be team players and facilitators instead of "bosses" . to be strongly linked to local traditions . .....Total test time: 90 Min.

In a fixed-price contract. See references Marked for review 56. This form of contract should only be chosen when all the requirements for the building of the product are well-known by all parties involved. The contract is a lump-sum contract. and procedures is commonly called Quality auditing Inspection Quality testing Reject screening . The software will be used to control machinery equipment which your project team is currently developing.Total test time: 90 Min. Page 29 of 43 See references Marked for review 55. You are the project manager in an engineering project and have recently signed a contract with a software vendor for the development of a complicated control solution. A review to determine whether of project activities comply with organizational and project policies. processes.Test time: 018:43:39 . The contractor has target cost estimated which seem rather low to you. change requests can cause issues regarding additional time and extra costs for the changes to be applied. Which of the following statements is not true for this situation? It is the contractor's risk in this type of contract that their profit may vanish if costs have been underestimated. It is likely that your organization may have to assume any unexpected additional costs for the software development.

Evaluate project management software which supports planning and scheduling across enterprise-wide project portfolios. Supporting decision making on the level on which project portfolio management is done. See references Marked for review 58. 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. 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. 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. the morale of the staff is going down. It is the collection of unique identifiers generally assigned to WBS items. including cost effectiveness and profitability. Then consolidate the information to get an understanding of the problems related with the use of shared resources. Page 30 of 43 See references Marked for review 57. Avoid managing the availability of shared enterprise resources for the projects run by an organization because this is not the business of a project management office. It defines ethical behavior in the project and the responsibilities to the customer and the profession. most of them share a resource pool of technical staff.Test time: 018:43:39 . You are the manager of your company's project management office. Understanding how resources are utilized across projects has been found essential to overall project performance. . What should you do next? Ensure that quantitative information for all projects is being made available in a uniform and reliable fashion and verify that the project management methodology is adhered to. It describes the coding structure used by the performing organization to report financial information in its general ledger.Total test time: 90 Min. Do nothing related to the described problem unless you are explicitly requested by the organizations upper management. The company is running many concurrent projects. is not the project management office's business.

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. realistic and time-related specifications. You have been criticized that certain specifications in your Scope Statement do not pass the test for SMART objectives. estimations for activity durations based on the activity list vary significantly. . Which additional documents may help you clarify this situation? Milestone list and scope baseline. measurable.Total test time: 90 Min. Page 31 of 43 See references Marked for review 59. Activity cost estimates and scope baseline. See references Marked for review 60. While you and your team are working on a WBS (Work breakdown structure). What are SMART objectives? Objectives specified in far more detail than necessary for a execution of a successful project. Easily achievable objectives which help you reducing the pressure on yourself and the team. assignable. Project schedule network diagrams and human resource plan.Test time: 018:43:39 . Activity attributes and project scope statement. Objectives that are described using specific.

During a company event. In this case. . an additional and unexpected cost item has been identified. You are performing Earned value technique on your project. Original cost forecasting and budgeting for the project must have been poor to allow this variance. What do you think? The information given to you by the colleague is not sufficient to assess project performance. which made the project more expensive some weeks ago. The project will probably be completed with total costs remaining under budget until the end. See references Marked for review 62.Total test time: 90 Min. costs will be as budgeted.Test time: 018:43:39 .CV EaC = BaC / CPI EaC = AC + BtC / CV You can not compute the EaC. The item has meanwhile been paid by the project team. 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. A significant cost increase during the further course of the project will probably bring the costs back to baseline level. you had the opportunity to talk to a colleague project manager. After budget approval. Page 32 of 43 See references Marked for review 61. which is the best formula to calculate EaC (Estimate at Completion)? EaC = BaC .

The Project life cycle is regarded as a sequence of project activities while phases are defined to control overlapping activities.Total test time: 90 Min. Page 33 of 43 See references Marked for review 63. A project is a temporary endeavor undertaken to create a unique product. the sequence of project phases and phase gates is often referred to as Project life cycle. 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. . Committee decisions can have the paradox outcome. In project management.Test time: 018:43:39 . The Project life cycle describes how iterations of project management processes are used when a project schedule is developed. 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. See references Marked for review 64. that a jointly made or approved decision is not desired by any individual group member. service or result. International projects may have an increased need for traveling which can lead to additional costs and troubles with time zones. Repeating it would be similar to making the same journey twice.

2. 1. 5. A graph that is to be integrated to generate a normal curve. WBS (Work breakdown structure) and WBS dictionary. Scope baseline. CSOW (Contractual statement of work). Project scope management plan. Project charter. 3. 4. 5. 1. 3.Total test time: 90 Min. Work breakdown structure. 2.Test time: 018:43:39 . A metaphoric description of the short term uncertainties that are present in every . 2. BOM (Bill of materials). Contractual Work breakdown structure Feasibility study Contract. PID (Project initiation document). Project charter Change management plan. 3. 3. 1. Project SOW (Statement of work). 4. Page 34 of 43 See references Marked for review 65. 4. 4. 5. See references Marked for review 66. 6. Scope statement. 5. Project charter. CWBS (Contractual work breakdown structure). What is the S-curve in project management? A graph that is generated if a normal curve is integrated. CAP (Control account plan). Project scope statement. Scope of work descriptions. Which is an appropriate order in most project situations for the development of scoperelated documents? 1.

Page 35 of 43 The graph that describes the typical growth of earned value during the course of the project. project. .Test time: 018:43:39 .Total test time: 90 Min.

What is not the purpose of Configuration control when Configuration management is applied in a project? Verification that the configuration identification for a configuration item is accurate.. ....Test time: 018:43:39 .to be obtained solely from the performing organization. . It identifies the types and quantities of resources. Ensuring that proposed and approved changes to configuration items are fully analyzed.while the term resources is limited to equipment and materials.. . . .. Managing and controlling the frequently requested changes to a project by applying agreed rules. complete. and will meet specified program needs.. See references Marked for review 68.required for each activity in a work package.. Ensuring that proposed and approved changes to configuration items are fully documented.Total test time: 90 Min. An output of the Estimate activity resources process is a document called "Activity resource requirements".while the term resources is limited to human resources... Page 36 of 43 See references Marked for review 67.

It includes investment. 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. Data to draw a cost baseline can be easily generated and updated as necessary from information related to actual project cost. Page 37 of 43 See references Marked for review 69. It is most commonly stated as a percentage of the investment or as a dimensionless index figure.Total test time: 90 Min. . depreciation. 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. and/or inflation. Which statement describes best the meaning of the term Cost baseline? 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. See references Marked for review 70. direct and indirect costs and may include allowances for capital cost.Test time: 018:43:39 . It is the time when cumulated net income is equal to the investment.

000 EV: $1. Which of the following statements describes best the relationship of quality and grade? Low grade is always a problem.Test time: 018:43:39 .000 EV: $2. low quality may be overcome by a good rework and repair process. Grade is a category or rank given to entities having different functional requirements but the same need for quality. Low quality is always a problem as it bears on the ability of an item to meet requirements. the consolidated Cost variance of the two projects will decrease. low grade may sometimes be acceptable. 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: $1.600. the consolidated Cost variance of the two projects will increase.000 The sponsor considers to shift some resources from Project A to Project B to speed up the second project which is currently behind schedule.Total test time: 90 Min.800. He received the following information: Project A: PV: $1. .000 AC: $2. Page 38 of 43 See references Marked for review 71. According to the Law of diminishing returns.000. Both projects are regarded as equally important and strategically beneficial and have been finished by over 80%. Both quality and grade can often be improved through intelligent measuring.100.300.000 Project B: PV: $2. According to the Law of diminishing returns. A project sponsor requested Earned Value Data on two concurrent projects from the project managers.500. testing and examining. See references Marked for review 72. Changing team assignments during late course of a project typically increases time efficiency.

The inherent discount rate or investment yield rate produced by the project over a pre-defined period of time. The expected benefit from a project’s deliverable calculated as a percentage of the original investment over a specified time period.Test time: 018:43:39 . Network templates which contain only portions of a network are often referred to as Subnetworks or fragment networks Subprojects Programs WBS items See references Marked for review 74. What is the Internal Rate of Return (IRR) of a project? The time period needed to pay back the investment from a project when future income is discounted. .Total test time: 90 Min. Page 39 of 43 See references Marked for review 73. The rate of negative risk that can be accepted for a project without turning the Expected net present value negative.

More providers of free PMP preparation questions Christelle P.Total test time: 90 Min. Reset all answers Solve Sample Test Result: of 75.PMI made a decision in 2006 to not publish passing scores for the exams any more.Test time: 018:43:39 . Finished? Klick here to send your feedback to me. .. . 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.already certified as a PMP.. You cannot calculate a critical path when lags and/or leads are calculated in percent.on my way to pass the PMP exam.generally interested in the PMP certification. Page 40 of 43 See references Marked for review 75.. Activity F is a logical dangle in relation to the burst point after the start milestone. I recommend to target 75% results or better in this and all other difficult prep tests you are taking. % Print Sample Test Notes: .. Activities E to F need another task drawn as a hammock to calculate Level Of Effort.. from Canada mailed Oct 11 2003: Did you stumble over questions on project selection and decision tree technique? Then check this link for Decision Tree . The actual score is estimated to be between 61% and 75%. . 82% in simple tests.. the correct answers will be highlighted in blue color above in the questions & answers section. ...After clicking the Solve Sample Test button. I am.

Awaiting reply Simulates a test environment online similar to the original environment.com www. So true! Here are more free sample tests with more than 2. Related to 4th Edition Registration required. Lehmann www. Related to 4th Edition.headfirstlabs. Roger Voight has a large body of free questions. Number of questions may therefore grow. A great resource with intelligent questions. PMPQuest. Related to 4th Edition. Number of questions may grow.com www.oliverlehmanntraining. "I passed the test! Thanks for the 75 prep questions.measureup.com Test Prep Review www. I can give no guarantee regarding their quality.com 12 200 50 PMTI Pmzilla PreparePM www.com 20 200 MeasureUp Oliver F. Visitors are invited to contribute with further questions. which is free for those studying for the PMP certification exam.preparepm. Just like the real thing: Questions are written against the PMP Examination Specification and reference to a current project management source.tutorialspoint. Related to 3rd and 4th Edition Related to 3rd Edition New site (4-2009) with good. Of course. Related to 3rd Edition Free trial of CertGear's exam simulator.com 20 200 500 Registration required.000 prep items (questions and answering options). Questions related to 4th Edition have been announced Awaiting reply Voight Project Solutions www. Also. a PDF file with 2MB for download.testprepreview.com Free Test Questions 180 Comment Requires registration. The only way to succeed is to write tons of practice exams!" Page 41 of 43 Software. 20 free questions Related to 3rd Edition Online practice exam from the authors of Head First PMP in various time formats.com certification.pmexam.com 10 ? Related to 3rd edition Order their free Daily Digest as an e-mail service.oliverlehmann.com 20 GetPMP Head First Labs getpmp. so these questions might not be up to date any more.4pmti.com 15 Version information: We contacted some providers and checked their offerings. Related to 4th edition 200 free questions after optional registration.pmpquest.com 15 155 165 ProXalt Tutorials Point www.com www.pmstudy.proxalt. Related to PMBOK Guide 4th Ed. 1MB) for download. as visitors are invited to add further questions. Related to 4th Edition Registration required. Many questions of CAPM exam style. CertGear www.pmzilla. Many of them are also helpful for CAPM candidates.Total test time: 90 Min.Test time: 018:43:39 .de 175 PMConnection PMExam.ajithn. Whizlabs has discontinued any PMP exam preparation software. German language aid for the 175 questions. Provider Ajith Namboothiri URL www.com www.com www.voightps. Related to 3rd Edition High quality questions.com PMP Question Bank PM Study www.com www. Related to 4th Edition Related to 4th Edition My friend and colleague Dr. difficult questions. We will update the list when we have new information.googlepages. Related to 4th Edition PDF file (app.com 7 175 www.about.com www. The statements made above reflect the status per 30 June 2009.com www. but practicing is always helpful.about. .com 6 Certification. which simulate the real test very well.pmconnection. Version based on PMBOK® Guide 4th Edition is announced for July 31st Questions based on Whizlabs' Exam Simulator software trial.com pmpbank.certgear.

Test time: 018:43:39 . This is how I am quoting others or use their materials in my websites and seminar literature wherever possible.com . have been peer-reviewed for correctness and appropriateness. as I have done so often. PgMP". are open for discussion and feedback . Lehmann.and the work of other good colleagues too. "CAPM". if you have any comments on the quality and relevance of test questions. - 20 April 2006. will be updated on time when the exam will be renewed in June 2009. Germany Advertisment Acumen Fund Building transformative businesses to solve the problems of poverty Public Service Ads by Google "PMI". © 2004-2007. This test is for self assessment only and no guaranty is given for passing the PMP®. PMP if you are another provider.Total test time: 90 Min. The owner of this website is not responsible for contents of external pages to which he placed hyperlinks. I also value rightful copyright information and a reference to the author. Contact: oliver@oliverlehmann. are written against PMI's original PMP Examination Specification. "PMP". Some of the names of companies and their products listed and linked to on this page are marks which are registered in various countries. A Note to My Visitors Thanks a lot ☺ to all who informed me that the owners of the websites have copied my free sample questions and re-published them with their copyright assigned . The second of these two even sells my work for a fee . Page 42 of 43 Please send an e-mail to Oliver F. "PMBOK" are marks of the Project Management Institute (PMI) which are registered in the United States of America and in other nations PMI has not participated in the creation of this self assessment test and has not reviewed it for correctness. Munich. But: I prefer to be asked before my material is used by others—I would probably have allowed it.of which I receive a lot. or if one of the links appears to be broken. updated 09 March 2007and 30 March 2009. The 250 sample questions in this website (and the many more used in my seminars) match the updated exam (per September 2005). That people are using my work may be honorable. if a description is not correct any more. all rights reserved. reference to the appropriate body of knowledge. We Germans have a term for that: Gute Kinderstube – good manners from good education by good parents.

Test time: 018:43:39 .Total test time: 90 Min. Page 43 of 43 .

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