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business
project managers

Questions and Answers of Project Managers

You are a project manager for Zippy Tees. Your selection committee has just chosen a project you recommended for implementation. Your project is to manufacture a line of miniature stuffed bears that
Which of the following is true?A. Discounted cash flow analysis is the least precise of the cash flow techniques because it does not consider the time value of money.B. NPV is the least precise of
Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and
Your project selection committee used a weighted scoring model and found that Project B, with a score of 54, should be chosen over the other competing projects. Which of the following is true?A.
Mathematical models using linear, dynamic, integer, or algorithm models are considered ___________________ .A. project selection criteria B. a form of expert judgment C. project selection methods D.
Which of the following is true regarding IRR?A. IRR assumes reinvestment at the cost of capital.B. IRR is not difficult to calculate.C. IRR is a constrained optimization method.D. IRR is the discount
You are the project manager for Insomniacs International. Since you don’t sleep much, you get a lot of project work done. You’re considering recommending a project that costs $575,000;expected
Which of the following is true regarding NPV?A. NPV assumes reinvestment at the cost of capital.B. NPV decisions should be made based on the highest value for all the selections.C. NPV assumes
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Kansas City or Spokane. You have derived the
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering opening a new club in Arizona or Nevada. You have derived the following
Comparative methods, scoring methods, and economic and cash flow analysis are all part of which of the following?A. Benefit measurement methods B. Constrained optimization methods C. Benefit
Which of the following lists of processes belong to The Project Integration Management Knowledge Area?A. Define Scope, Close Procurements, and Perform Integrated Change Control B. Develop Project
Your nonprofit organization is preparing to host its first annual 5K run/walk in City Park.You worked on a similar project for the organization two years ago when it cohosted the 10K run through
According to the PMBOK® Guide, the project statement of work should contain or reference which of the following elements?A. Strategic plan, product scope description, measurable project objectives,
You are the project manager for Fun Days Vacation Resorts. Your new project assignment is to head up the Fun Days resort opening in Austin, Texas. You are estimating the duration of the project plan
You work for a large manufacturing plant. Your firm is thinking of initiating a new project to release an overseas product line. This is the company’s first experience in the overseas market, and
What are the inputs to the Develop Project Charter process?A. Contract, project SOW, business case, enterprise environmental factors, and organizational process assets B. Project SOW, business case,
You’ve been hired as a manager for the adjustments department of a nationwide bank based in your city. The adjustments department is responsible for making corrections to customer accounts. This is
When a project is being performed under contract, the SOW is provided by which of the following?A. The buyer B. The project sponsor C. The project manager D. The contractor
You are a project manager working on gathering requirements and establishing estimates for the project. Which process group are you in?A. Planning B. Executing C. Initiating D. Monitoring and
During which project management process group are risk and stakeholder’s ability to influence project outcomes the highest at the beginning of the process?A. Planning B. Executing C. Initiating D.
You have been assigned to a project in which the objectives are to expand three miles of the north-to-south highway through your city by two lanes in each direction. You are interested in
You have been assigned to a project in which the objectives are to expand three miles of the north-to-south highway through your city by two lanes in each direction. You are in charge of the
You have been assigned to a project in which the objectives are to direct customer calls to an interactive voice response system before being connected to a live agent. You are in charge of the media
What is one of the advantages of a functional organization?A. All employees report to one manager and have a clear chain of command.B. All employees report to two or more managers, but project team
The amount of authority a project manager possesses can be related to which of the following?A. The project manager’s communication skills B. The organizational structure C. The amount of authority
You are managing a project to install a new postage software system that will automatically print labels and administer postage for certified mailings, overnight packages, and other special mailing
You’ve decided to try your hand at project management in the entertainment industry. You’re working on a movie production and the phases are performed sequentially. The team has just completed
You are the project manager for a large construction project. The project objective is to construct a set of outbuildings to house the Olympic support team that will be arriving in your city 18
All of the following statements are true except for which one?A. Programs are groups of related projects.B. Project life cycles are collections of sequential and occasionally overlapping project
All of the following are true regarding phase-to-phase relationships except for which one?A. Planning for an iterative phase begins when the work of the previous phase is progressing.B. Handoffs
Which of the following applies a set of tools and techniques used to describe, organize, and monitor the work of project activities to meet the project requirements?A. Project managers B. The PMBOK®
The VP of customer service has expressed concern over a project in which you’re involved.His specific concern is that if the project is implemented as planned, he’ll have to purchase additional
A project is considered successful when ___________________ .A. the product of the project has been manufactured B. the project sponsor announces the completion of the project C. the product of the
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces.These new products
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with distinctive features for kitchens in small spaces. These new products
The VP of marketing approaches you and requests that you change the visitor logon screen on the company’s website to include a username with at least six characters. This is considered which of the
All of the following statements are true regarding the ADM method except which one?A. The ADM method is a tool and technique of Sequence Activities.B. The ADM method uses one time estimate to
As a PMP, one of your responsibilities is to ensure integrity on the project. When your personal interests are put above the interests of the project or when you use your influence to cause others to
You’ve just completed the WBS. Which of the following statements is true?A. The WBS breaks the project deliverables down to a level where alternatives identification can be used to determine how
As a result of a face-to-face meeting you recently had to discuss the items in your issue log, you have resolved issues and come away with an approved corrective action and an update to the project
Which of the following statements is true regarding constraints and assumptions?A. Constraints restrict the actions of the project team, and assumptions are considered true for planning purposes.B.
The business need, product scope description, and strategic plan together describe elements of which of the following?A. Organizational process assets B. Tools and techniques of the Initiating
Every status meeting should have time allotted for Risk Monitoring and Control. Which of the following sentences is not true?A. Risk identification and monitoring should occur throughout the life of
You are refining the product description for your company’s new line of ski boots. Which of the following statements is true?A. You are in the Initiating processes of your project and know that the
All of the following statements are true of the project Closing processes except for which one?A. Probability for success is greatest in the project Closing processes.B. The project manager’s
You are the project manager for a construction company that is building a new city and county office building in your city. You recently looked over the construction site to determine whether the
The project manager has the greatest influence over quality during which process?A. Plan Quality B. Perform Quality Assurance C. Perform Quality Control D. Perform Quality Change Control
Your project involves the research and development of a new food additive. You’re ready to release the product to your customer when you discover that a minor reaction might occur in people with
You are a project manager working in a foreign country. You observe that some of your project team members are having a difficult time adjusting to the new culture. You provided them with training on
You are a project manager for Waterways Houseboats, Inc. You’ve been asked to perform a cost-benefit analysis for two proposed projects. Project A costs $2.4 million, with potential benefits of $12
You are the project manager for Heartthrobs by the Numbers Dating Services. You’re working on an updated Internet site that will display pictures as well as short bios of prospective heartbreakers.
You need to convey some very complex, detailed information to the project stakeholders.What is the best method for communicating this kind of information?A. Verbal B. Vertical C. Horizontal D. Written
You are the project manager for Xylophone Phonics. It produces children’s software programs that teach basic reading and math skills. You are performing the Plan Quality process and are identifying
Your team is developing the risk management plan. Which tool and technique of this process is used to develop risk cost elements and schedule activities that will be included in the project budget
You are the project manager for Heartthrobs by the Numbers Dating Services. You’re working on an updated Internet site that will display pictures as well as short bios of prospective heartbreakers.
What are the Define Scope process tools and techniques?A. Cost benefit analysis, scope baseline, expert judgment, and facilitated workshops B. Product analysis, alternatives identification, and
You have just prepared an RFP for release. Your project involves a substantial amount of contract work detailed in the RFP. Your favorite vendor drops by and offers to give you and your spouse the
Which of the following statements is true regarding the Project Management Knowledge Areas?A. They include Initiation, Planning, Executing, Monitoring and Controlling, and Closing.B. They consist of
Which performance measurement tells you the cost of the work that has been authorized and budgeted for a WBS component?A. PV B. EV C. AC D. BCWP
All of the following statements are true regarding risks except for which one?A. Risks might be threats to the objectives of the project.B. Risks are certain events that may be threats or
The inputs of the Report Performance process include all of the following except for which one?A. Work performance information B. Work performance measurements C. Budget forecasts D. Performance
All of the following are tools and techniques of the Close Procurements process except for which one?A. Expert judgment B. Procurement audits C. Negotiated settlements D. Records management system
According to the PMBOK® Guide, the project manager is identified and assigned during which process?A. During the Develop Project Charter process B. At the conclusion of the Develop Project Charter
Which of the following contracts should you use for projects that have a degree of uncertainty and require a large investment early in the project life cycle?A. Fixed price B. Cost reimbursable C.
Which performance measurement tells you what the projected total cost of the project will be at completion?A. ETC B. EV C. AC D. EAC
All of the following statements are true regarding configuration management except which one?A. Configuration management requires acceptance decisions for all change requests to be made through the
Monte Carlo analysis can help predict the impact of risks on project deliverables. This is an element of one of the tools and techniques of which of the following processes?A. Plan Risk Responses B.
There are likely to be team loyalty issues in a matrixed environment. All of the following are true regarding this situation as it pertains to the Manage Project Team process except for which one?A.
Each of the following statements describes an element of the Develop Project Management Plan process except for which one?A. Project charter B. Outputs from other planning processes C. Configuration
You are working on a project that will upgrade the phone system in your customer service center. You have used bottom-up estimating techniques to assign costs to the project activities and have
Feeding buffers and the project buffer are part of which of the following Develop Schedule tool and technique?A. Critical path method B. Schedule network analysis C. Applying leads and lags D.
You are working on a project that will upgrade the phone system in your customer service center. You have used analogous estimating, parametric estimating, bottom-up estimating, and three-point
You are a project manager working on a software development project. You’ve developed the risk management plan, identified risks, and determined risk responses for the risks.A risk event occurs,
Which of the following are tools and techniques of the Identify Stakeholder process?A. Stakeholder analysis and expert judgment B. Stakeholder analysis, expert judgment, and stakeholder register C.
What is the purpose of the project charter?A. To recognize and acknowledge the project sponsor B. To recognize and acknowledge the existence of the project and commit organizational resources to the
You are the project manager for Lucky Stars Candies. You’ve identified the requirements for the project and documented them where?A. In the requirements document, which will be used as an input to
You have been assigned to a project that will allow job seekers to fill out applications and submit them via the company website. You report to the VP of human resources. You are also responsible for
Name the ethical code you’ll be required to adhere to as a PMP.A. Project Management Policy and Ethics Code B. PMI Standards and Ethics Code of Conduct C. Project Management Code of Professional
You are a project manager for the Swirling Seas Cruises food division. You’re considering two different projects regarding food services on the cruise lines. The initial cost of Project Fish’n
You are a project manager who has recently held a project team kickoff meeting where all the team members were formally introduced to each other. Some of the team members know each other from other
You know that PV = 470, AC = 430, EV = 480, EAC = 500, and BAC = 525.What is VAC?A. 70 B. 20 C. 25 D. 30
You are the project manger for Xylophone Phonics. This company produces children’s software programs that teach basic reading and math skills. You are ready to assign project roles,
This process applies evaluation criteria to the bids and proposals received from potential vendors.A. Plan Procurements B. Administer Procurements C. Conduct Procurements D. Perform Quality Assurance
All of the following statements are true regarding risk events except which one? Choose the least correct answer.A. Project risks are uncertain events.B. If risks occur, they can have a positive or
This process is concerned with determining the information stakeholders will need throughout the project and the methods of communication.A. Distribute Information B. Report Performance C. Plan
Project managers have the highest level of authority and the most power in which type of organizational structure?A. Projectized B. Strong matrix C. Functional D. Balanced matrix
You are the project manger for Xylophone Phonics. It produces children’s software programs that teach basic reading and math skills. You’re performing cost estimates for your project and don’t
You are the project manager for a construction company that is building a new city and county office building in your city. Your CCB recently approved a scope change. You know that scope change might
All of the following are a type of project ending except for which one?A. Extinction B. Starvation C. Desertion D. Addition
What is one of the most important skills a project manager can have?A. Negotiation skills B. Influencing skills C. Communication skills D. Problem-solving skills
All of the following are outputs of the Perform Integrated Change Control process except for which one?A. Change request status updates B. Project management plan updates C. Organizational process
All of the following statements are true regarding Ishikawa diagrams in the Identify Risks process except which one?A. Ishikawa diagrams are also called cause-and-effect diagrams.B. Ishikawa diagrams
You’ve been assigned as a project manager on a research and development project for a new dental procedure. You’re working in the Scope Management Knowledge Area. What is the purpose of the
During your project meeting, a problem was discussed, and a resolution to the problem was reached. During the meeting, the participants started wondering why they thought the problem was such a big
The primary function of the Closing processes is to perform which of the following?A. Formalize lessons learned and distribute this information to project participants.B. Perform audits to verify the
Inspections are also called each of the following except for which one?A. Reviews B. Assessment C. Walk-throughs D. Audits
These types of dependencies can create arbitrary total float values and limit your scheduling options.A. Discretionary B. External C. Mandatory D. Hard logic
The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting that the project you’re managing will be completed by the end of this year. The problem
What changes would occur in the production schedule if the labour fluctuation goal was the highest priority goal?

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