QUESTION 1

A CPI or SPI value less than one indicates that the project is

	a.	Under cost or behind schedule.
	b.	Over cost or ahead of schedule.
	c.	Over cost or behind schedule.
	d.	Under cost or ahead of schedule.

1 points

QUESTION 2

Which one of the following is NOT an element of Statement of Work (SOW)

	a.	Schedule constraints
	b.	Performance characteristics
	c.	Risk analysis
	d.	Technical requirements

1 points

QUESTION 3

Using a contractor to perform a high risk task is which form of risk response?

	a.	Transfer
	b.	Acceptance
	c.	Avoidance
	d.	Mitigation

1 points

QUESTION 4

Change control requests:

	a.	Are always initiated externally
	b.	Provide the baseline against which changes will be controlled
	c.	Are inputs to integrated change control
	d.	Must be relayed in writing

1 points

QUESTION 5

Each box is an activity; the number it contains is the duration of the activity in days. The duration of the critical path is:

	a.	16 days
	b.	19 days
	c.	14 days
	d.	20 days

1 points

QUESTION 6

Which one of the following are conditions preferred for top-down estimation:

1. Time and cost accuracy
2. Strategic decision making
3. Contract price is fixed
4. High uncertainty

	a.	ii and iv
	b.	i and iii
	c.	i and ii
	d.	ii and iii

1 points

QUESTION 7

Jim receives the following information on his project: PV = 1000, EV = 1200, AC = 800, BAC = 2000, EAC = 1333. How is the project doing in terms of schedule?

	a.	The same amount of work has been done than planned
	b.	Less work has been done than planned
	c.	The project has cost less than planned
	d.	More work has been done than planned

1 points

QUESTION 8

The lowest level of the WBS is:

	a.	Control account
	b.	Work packages
	c.	Code of accounts
	d.	Deliverable

1 points

QUESTION 9

An activity has a optimistic duration estimate of 2 days, a mostly likely estimate of 5 days, and a pessimistic estimate of 8 days. What is the PERT weighted average duration?

	a.	4
	b.	5.2
	c.	5
	d.	6

1 points

QUESTION 10

Which of the following is NOT true about the Close Project or Phase process?

	a.	Stakeholders have least amount of influence at this stage.
	b.	The probability of completion is the highest at this stage of the project.
	c.	Contract closeout must be performed after the Administrative Closeout.
	d.	The risk is the lowest at this stage of the project.

1 points

QUESTION 11

When a company will reduce the number of projects they have to manage internally to only core projects and send noncritical projects to contractors and consulting firms this is called

	a.	Task sharing.
	b.	Outsourcing.
	c.	Redistribution of projects.
	d.	Project allocation.

1 points

QUESTION 12

Which one of the following is a key decision factor for developing relevant quality standards on a project:

	a.	design work systems
	b.	consult project sponsor
	c.	understand stakeholders' requirements
	d.	identify cost and schedule constraints

1 points

QUESTION 13

Using the chart below, what is the cost variance?

	a.	$4000
	b.	$5000
	c.	$3000
	d.	$2000

1 points

QUESTION 14

Which of the following is NOT part of a modern quality management concept?

	a.	Quality must be inspected in
	b.	Performance standard is zero defects
	c.	Quality is a 4 cycle process - plan/do/check/act
	d.	85% of failures occur because of the process, not the worker

1 points

QUESTION 15

Which of the following is not part of the quality assurance process?

	a.	Operational definitions
	b.	Quality policy
	c.	Quality improvement
	d.	Quality audit

1 points

QUESTION 16

Which one of the following is NOT a key factor in managing customers' expectations:

	a.	Speak the language of the customer
	b.	Don't oversell the project
	c.	Avoid sharing project risks information
	d.	Share signification problems and risks

1 points

QUESTION 17

Which of the following is an input to the team development process?

	a.	Staffing pool description
	b.	Inputs to performance appraisals
	c.	External feedback
	d.	General management skills

1 points

QUESTION 18

Project teams can often identify risks by conducting any of several types of reviews. Which of the following illustrates a valuable type of risk review?

	a.	review the project schedule to determine if certain people are overloaded
	b.	review previous projects to verify that each current assumption is correct
	c.	review sunk costs to determine project continuance
	d.	review the communication plan to determine where poor communications could cause a problem

1 points

QUESTION 19

A method of shortening the duration of the project is:

	a.	Creating milestones
	b.	Leveling
	c.	Fast tracking
	d.	Lead

1 points

QUESTION 20

An analysis carried out during and shortly after the project life cycle that attempts to capture positive and negative learning is represented in which of the following?

	a.	Performance evaluation
	b.	Scenario analysis
	c.	Lessons learned
	d.	Variance analyses

1 points

QUESTION 21

Which type of cost estimate is based on individual activities?

	a.	Bottom-up
	b.	Parametric
	c.	Analogous
	d.	Top-down

1 points

QUESTION 22

You are managing an interior decorating project. The walls are scheduled to be painted after the primer is applied. You have allowed 36 hours between the primer activity and the painting activity to ensure that the primer has cured. This is an example of which one of the following?

	a.	Lag
	b.	Finish-to-start relationship
	c.	Lead
	d.	Soft logic

1 points

QUESTION 23

Terms and formulas	Definition	Example
Earned Value (EV)	As of today, what is the estimated value of the work actually accomplished?	$100 k
Actual cost (AC)	As of today, what is the actual cost incurred for the work accomplished?	$200k
Planned Value (PV)	As of today, what is the estimated value of work planned to be done?	$300 k
Cost Variance (CV)=EV-AC	Negative is over budget Positive is under budget	$100k-$200k =-$100
Schedule Variance (SV)=EV-PV	Negative is behind schedule Positive is ahead schedule	$100k-$300k =-$200
Cost Performance Index(CPI)=EV/AC	We are getting $.....worth of work out of every $1 spent. Are funds being used efficiently?	$100k/$200k=.5
Schedule Performance Index (SPI)=EV/PV	We are(only) progressing at>>> percent of the rate originally planed	$100k/$300k=.33
Revised total duration	Baseline duration/schedule performance index	4/.33=12 months

Budget at Completion (BAC)	How much did we budget for the total project effort?
Estimate at Completion (EAC)=BAC/CPI	What do we currently expect the total project cost(a forecast)?
Estimate to Complete (ETC)=EAC-AC	From this point on, how much MORE do we expect it to cost to finish the project (a forecast)
Variance at Completion (VAC)=BAC-EAC	As of today how much over or under budget do we expect to be at the end of the project?

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QUESTION 24

Which of the following is an output of the Identify Risks process.

	a.	SWOT Analysis
	b.	Checklists
	c.	Lessons Learned
	d.	Risk Register

1 points

QUESTION 25

The most long-lasting conflict resolution is caused by which of these techniques?

	a.	Smoothing
	b.	Forcing
	c.	Confrontation
	d.	Compromising

1 points

QUESTION 26

You are the Project Manager for XYZ project. The scope of the project has been completed. You receive a request for a new module to be developed as part of this project. What should you do next?

	a.	Since the project scope is completed you should inform the customer that this change cannot be done as part of the project.
	b.	You should send the request to Change Control Board for approval.
	c.	You should approach the Senior Management and ask them for a new module to be developed as part of this project.
	d.	You should approach the Project sponsor and ask her for a new module to be developed as part of this project.

1 points

QUESTION 27

_________________ specifies to whom information will flow and what method will be used to distribute various types of information.

	a.	Distribution structure
	b.	Collection and filing structure
	c.	Communications management plan
	d.	Communications requirements

1 points

QUESTION 28

Which one of the following is a bottom-up approach to project estimation.

	a.	Ratio method
	b.	Parametric method
	c.	Apportion method
	d.	Consensus method

1 points

QUESTION 29

You are the Project Manager assigned to build a next generation vehicle. You identify a dependency that before the vehicle can be sold, it must be approved by the Government regulatory authority. This is an example of which type of dependency?

	a.	External
	b.	Mandatory
	c.	Soft logic
	d.	Discretionary

1 points

QUESTION 30

Cost estimating is:

	a.	Establishing a baseline to use in measuring project performance
	b.	Assessing how much it will cost the organization to provide the product or service
	c.	Analyzing positive and negative variances
	d.	Assessing how much the organization will charge for the product or service

1 points

QUESTION 31

Acceptance of work results is crucial to what phase of the scope management process

	a.	Scope planning
	b.	Initiation
	c.	Scope verification
	d.	Scope change control

1 points

QUESTION 32

Earned Value is:

	a.	The actual hours worked on the project multiplied by the budgeted labor rate
	b.	Budgeted value of work actually accomplished
	c.	PV-AC
	d.	The amount future value of a present investment

1 points

QUESTION 33

Which of the following is NOT one of the Risk Management processes?

	a.	Risk analysis
	b.	Risk response planning
	c.	Risk threshold
	d.	Risk identification

1 points

QUESTION 34

Which of the following is NOT a considered a failure cost?

	a.	Training
	b.	Scraps
	c.	Rework
	d.	Rejects

1 points

QUESTION 35

You are the project manager responsible for building a new web site. The project is running late. To bring the project on schedule, you decide to add additional resources to the critical path. This is an example of

	a.	Fast racking
	b.	Resource planning
	c.	Schedule management
	d.	Crashing

1 points

QUESTION 36

The authority to approve or deny change request lies with

	a.	Project sponsor
	b.	Change control board
	c.	Project manager
	d.	Customer

1 points

QUESTION 37

Which is a tool or technique of the schedule development process?

	a.	Activity duration estimates
	b.	Supporting detail
	c.	Duration compression
	d.	Resource pool description

1 points

QUESTION 38

You are required to estimate the time to paint a large wall. You know it takes two hours to paint one square foot of wall. The wall has an area of 30 square foot. So you estimate that it will take 60 hours to paint the wall. Which estimation model are you using?

	a.	Bottom-up
	b.	Parametric modeling
	c.	Expert judgement
	d.	Analogous

1 points

QUESTION 39

What is the purpose of the stakeholder management plan?

	a.	To convert all stakeholders to positive, supportive stakeholders
	b.	To identify the stakeholders who are opposed to the project
	c.	To manage the stakeholders' attitudes toward the project
	d.	To communicate with the stakeholders about the project status

1 points

QUESTION 40

One of the most important piece of document required in issuing a RFP/RFQ to potential project suppliers is:

	a.	Procurement plan
	b.	Project management plan
	c.	Project charter
	d.	Statement of work

1 points

QUESTION 41

Using the figure below, what is the probability that the task will be completed on time and under budget?

	a.	12.5%
	b.	16.25%
	c.	25%
	d.	90%

1 points

QUESTION 42

Based on the following, which event should you be most concerned about?

	a.	Design flaw
	b.	Bad weather
	c.	Shipment delay
	d.	Accident

1 points

QUESTION 43

Jan is trying to reallocate resources in a time-constrained project to create smoother resource utilization. She should first identify activities with the

	a.	Highest cost.
	b.	Least slack.
	c.	Smallest duration.
	d.	Most slack.

1 points

QUESTION 44

Ultimate success of the project is determined by

	a.	Whether the project was under budget.
	b.	Whether the customer is happy.
	c.	Whether the project meets specifications.
	d.	Whether the project was completed on time.

1 points

QUESTION 45

The contract type that represents the lowest risk to the buyer is:

	a.	FFP
	b.	CPFF
	c.	FPI
	d.	CPIF

1 points

QUESTION 46

The project plan:

	a.	Usually includes the work break down structure but not major milestones
	b.	Is used to manage project execution
	c.	Includes open issues, but not pending decisions
	d.	Is a management control that will change only intermittently and only in response to an approved scope change

1 points

QUESTION 47

Based on the life cycle model of the typical project , which stage is expected to experience the highest resource usage?

	A.	Intermediate phase(s)
	B.	Staffing phase(s)
	C.	Closing phase(s)
	D.	Initial phase(s)

1 points

QUESTION 48

Your project is well underway, and the project management plan as well as subsidiary plans have been baselined and work is proceeding apace. A key project stakeholder has just approached you with a problem: a requirement was missed by the business in the requirements gathering process and they want it inserted into the project plan without having to go through the formal change request process. They would consider it a huge favor if you did so and would be willing to reciprocate at some later date. What should you do next?

	a.	Perform an impact assessment on the requested change and submit to the CCB for approval
	b.	Since the stakeholder has key resources on the project, it may pay off in the long run to agree to the stakeholder's request
	c.	Talk to the stakeholder's manager about the stakeholder's request for a breach in the formal corporate change management process
	d.	Agree to the request only if the stakeholder is willing to remove a less important feature of equal effort so as not to impact the costs or the timeline on the project

1 points

QUESTION 49

Project Scope Management is:

	a.	The features to be included in a product or service
	b.	Is synonymous with change control management
	c.	Used to make sure that all work required, and only the work required, is included in order to complete the project successfully
	d.	Is conducted primarily by external stakeholders

1 points

QUESTION 50

Which of the following are required to assess the current status of a project using the earned-value cost/schedule system?

	a.	CV, SV, and BAC
	b.	VAC, EAC, and BAC
	c.	PV, EV, and AC
	d.	BAC, EAC, and ETC

1 points

QUESTION 51

Which is the process that involves documenting project results in order to formalize the acceptance of the product by the sponsor, client, or customer?

	a.	Information distribution
	b.	Performance reporting
	c.	Administrative closure
	d.	Scope acceptance

1 points

QUESTION 52

Greg is a Project Manager of a construction project. The customer has requested that an additional room needs to be constructed at an extra cost? How should Greg respond to this request

	a.	Consult the project sponsor.
	b.	Document the request and present it to Change Control Board.
	c.	Refuse the request as this was not part of the original scope.
	d.	Accept the request as the customer is willing to pay for it.

1 points

QUESTION 53

In which organizational structure is the project manager likely to have the most authority?

	a.	Weak matrix
	b.	Functional
	c.	Projectized
	d.	Strong matrix

1 points

QUESTION 54

Contingency funds are necessary for project estimation, and should be made at:

	a.	Project level
	b.	Network level
	c.	WBS level
	d.	Activity level

1 points

QUESTION 55

Dual reporting is most likely to occur in which type of organization?

	a.	Projectized
	b.	Laissez-faire
	c.	Matrix
	d.	Functional

1 points

QUESTION 56

Which of the following is a tool or technique used in integrated change control

	a.	Performance reports
	b.	Organizational procedures
	c.	Project plan updates
	d.	Performance measurement

1 points