Professional Documents
Culture Documents
c. Cost-benefit analysis
d. Cost of quality
b. Cost
c. Specifications
d. Vendor expertise
14. Which of the following statements about earned
value is true?
a. Actual cost can never exceed eamed value
none
Ic > none
iB 2 A
D i C
IE 3 none
IF 5 E
1G 3 DF
IH 1 DF
l 2 B,G
Rp HI
a. ABIR
b. CDHR
c. CDGIR
d. EFGIR
16. For the sequence diagram in question 15, what is the
float of activity B
a.2
b. 3
c.5
d.6
17. For the sequence diagram in question 15, what is the
float of activity H
a. 2
b.3
c.4
d.6
23. The two basic standards that define the PMI Code of
Ethics and Professional Conduct are:
a. Government and Industry
b. Anticipated and required
c. Aspirational and mandatory
d. Intended and compulsory
d.4
c. Triggers
d. Residual and secondary risks
31. A finish to finish relationship is defined as which of
the following?
a. Both activities have to finish at the same time
b. The predecessor has to finish before the
successor can finish
c. Both activities are on the critical path
d. The predecessor has a defined lead while the
successor has a defined lag
d. Keep informed
34. Senior management brought you in to run a project as
an ‘execution project manager. The timeline and the
budget were already established by senior
management and you have been asked to simply
bring the project in on time and on budget. You do a
thorough examination of the project parameters and
discover that there is no way the current project can
be completed for the budget and the time allotted. In
fact, your calculation shows the project will cost 40%
over the authorized budget and will take six months
longer to complete. What should you do?
a. Give management a realily check, offer some
recommendations, and ask them how they
would like to proceed
b. Agree to the current project parameters and
look for ways you can fast-track the project
c. Refuse to take on the project as the deliverable
dates and dollars are not realistic
d. Negotiate for a reduced scope to bring in the
project on time and on budget
b. 93%
c. 91%
d. 96%
36. The ability of the project manager to expend funds
and allocate resources on a project is a function of?
a, The charter
b. The organizational structure
c. Correct project management principles
d. The responsibilities of the PMO
39. What costs are the most important costs that need to
be considered when making a purchase decision for a
product or service?
a. All development costs
b. The purchase price
c. The life-cycle costs
d. The purchase price + failure costs
d. Precedence diagramming
b. Process analysis
c. Product analysis
d. Scope verification
b. Defect repairs
c. Responsive actions
d. Corrective actions
46. The purpose of a change request resulting ina
recommended preventive action is to...?
a. Improve SPI
b. Improve project flexibility
c. Increase the probability of a negative CPI
d_. Reduce the probability of future negative
performance
c. Lose-Lose situation
d. None of these
d. Close Procurements
d. Reward
b. an S-curve
c.aZ curve
d. a PO curve
Price : “s i |
(Quality]12 (10 8 11
a. Vendor 1
b. Vendor 2
c. Vendor 3
d. Vendor 4
58. Which of the following indicate that the project is
doing well? Select the best option.
a. A negative Cost Variance
b. An SPI of less than one
c. Anegalive Schedule Variance
d. A CPI of greater than one.
d. WBS
d. Level of effort
81. Project Scope Management defines the work required
to complete the project successfully
a. Along with the creation of a scope
management plan
b. No more, no less
c. In the eyes of all key stakeholders
d. At least one time in each project
39. What does an SPC chart set the upper and lower
control limits?
a. +/- 2 sigma
b. +/- 3 sigma
c. +/- 6 sigma
d. +/-1 sigma
90. You are dealing with the stakeholder that views your
project as a significant negative. What will you use to
help minimize negative stakeholder impact on the
project?
a. Stakeholder register
b. Stakeholder management plan
c. Risk tolerance indicator
d. Stakeholder analysis
91. The wages of hourly workers on a time and materials
project is considered a/an cost.
a. Direct/variable
b. Direct/fixed
c. Indirect/variable
d. Indirect/fixed