Initiation

1. Which of the following project would be the best for your company?Project A is being done over a six-year period and has a NPV of $70,000. Project B is being done over a three-year period and has a NPV of $30,000. Project C is being done over a five-year period and has an NPV of $40,000. Project D is being done over a one-year period and has an NPV of $60,000.

Project AProject BProject CProject D

2. During which of the following phases does, the project sponsors have the greatest influence on the scope, quality, time, and cost of the project?

A. Concept PhaseB. Development PhaseC. Execution PhaseD. Close Down Phase

3. The communication between the project manager and the project team members is a vital factor in project accomplishment. Which of the following is the best process?

A. Status ReportsB. Approved Documented Forms C. Written and Oral CommunicationD. Formal Chain of Command.

4. Which of the following would be the BEST project amongst projects A,B,C and D? Project A has an IRR of 12%. Project B has an IRR of 17%. Project C has an IRR of 31%. Project D has an IRR of 21%.

A. Project A B. Project B C. Project C D. Project D

5. Which of the following projects amongst A, B, C and D would be the BEST project to select? Project A has a payback period of 18 months. Project B has a payback period of 14 months. Project C has a payback period of 10 months. Project D has a payback period of six months.

A. Project A

B. Project B C. Project C D. Project D

6. Which of the following type of person(s) is/are authorized to determine the requirements of a new project?

A. Project manager B. Senior management C. Customer D. Stakeholders

7. Which of the following is included in a project charter?

A. Identification of risksB. Task estimatesC. Detailed resource estimatesD. The business need for the project

8. Which of the following are typically defined in terms of merits of the product of a project that can cover the full range of possible management concerns (financial return, market share, public perceptions, etc.)?

A. Project Selection CriteriaB. Product descriptionC. Historical Information.D. Strategic Plan

9. Basically, projects involve a seller and a buyer. The seller is an organization that works under a contract to the buyer. In such circumstances, which of the following parties provides the product description?

A. Third party B. SellerC. BuyerD. None

10. In a decentralized contracting environment a company goes for a vote to see if the contracts department should be split up and reassigned to projects or remains intact. A contract professional might not want this. Why?

A. They might lose loyalty to the project

B. They might lose expertiseC. They might lose standardized company project management

practicesD. They might lose a clearly defined career path

11.Which of the following effectively manages complex projects that involve cross-disciplinary efforts?

A. Projectized organizationB. Functional organizationC. Line organizationD. Matrix organization

12.You are entering into a contract. It is best to assume that there will be disputes about the performance of the work as specified. What is the other assumption you should consider?

A. To include a procedure in the contract describing the means for dispute resolution.

B. To track claims to ensure the best position during litigation.C. To make sure disputes are never brought to public knowledge.D. To include a change order provision in the contract.

13.The human resources department wants to hire new project managers from within the company. They can choose from the following candidates: Candidate A has good management knowledge; Candidate B has good project management knowledge; Candidate C has solid technical knowledge; Candidate D has general management, project management and technical skills. Who is the fittest candidate?

A. Candidate AB. Candidate BC. Candidate CD. Candidate D

14. Identifying project performance criteria, defining project strategy and determining product description - are all part of project management. Which of the following phases specifically deals with these activities?

A. InitiationB. PlanningC. ExecutionD. Control

15.The project manager should obtain support for the project throughout the performing organization. How does he accomplish this?

A. By ensuring that there is a communication plan.B. By correlating the need for the project to the organization's

strategic plan.C. By connecting the project to the personal objectives of the sponsor.D. By ensuring that the management plan includes the management

of team members.

16.When is the project manager assigned to a project?

A. After the contract is signedB. Immediately preceding contract executionC. During contract initiationD. During contract planning

17.A market demand, a business need and a legal need – what do these words mean as far as a project is concerned?

A. Reasons to have change management.B. Justifications for initiating a project.C. Reasons to have a team.D. Reasons to create a management plan.

Planning

1. The process of creating a work breakdown structure results in which of the following?

A. A project schedule.B. Team buy-in.C. A project completion date.D. A list of risks.

2. For tracking which of the following A Work Breakdown Structure is used as a tool?

A. Cost. B. Scope. C. Resources. D. The schedule.

3. How is a project affected if it has three critical paths?

A. It makes it more expensive. B. It requires more people. C. It makes it easier to manage. D. It increases the project risk.

4. In which of the following way can Co-location help?

A. Building the team. B. Decreasing project time. C. Bringing customers together. D. Decreasing project rental costs.

5. The reason for the scope statement to be important is that it:

A. Provides the basis for making future project decisionsB. Provides a brief summary of the projectC. Approves the project for the stake holdersD. Provides the criteria for measuring project costs

6. Which of the following are the roles of a Constructive Team?

A. Encourager, initiator, and gatekeeperB. Information giver, devil’s advocate, and clarifierC. Withdrawer, harmonizer, and blockerD. Summarizer, recognition seeker, and information seeker

7. When does a project completion date change?

A. The critical path is reducedB. The contingency is no longer availableC. No float time is availableD. Project resources are reduced

8. Which of the following is included in Risk Qualification?

A. Enumerating sources of internal and external events.B. Identifying potential events and impactC. Evaluating probability and impactD. Developing contingency plans and resources

9. What is the reason for fast tracking a project?

A. Increase ProductivityB. Reduce Project durationC. Increase schedule tracking controls

D. Reduce project risks

10.Two people are in the process of estimating probabilities for each of their identified risks. They are said to be in which of the following step of risk management?

A. Risk response planning B. Risk monitoring and control C. Risk identification D. Risk quantification

11.Which of the following is the correct meaning of Lag?

A. Waiting timeB. The product of a forward and backward passC. The amount of time a task can be delayed without delaying the

projectD. The amount of time a task can be delayed without delaying the

early start date of its successor

12.On which of the following a discretionary dependency is based?

A. The needs of the project sponsor. B. The needs of someone outside the project. C. Experience. D. The nature of the work being done.

13. “What information needs to be collected when" is part of which of the following processes?

A. Formal reportingB. Communications management planC. Stakeholder managementD. Earned value

14.Which of the following is not a factor in the assessment of project risk?

A. Risk eventB. Insurance premiumsC. Risk probabilityD. Amount at stake

15.A project manager is using a single duration estimate to calculate activity duration. What type of mathematical analysis should he use?

A. PERT

B. CPMC. Monte CarloD. GERT

16.A project manager asks the team members about the time estimates for their tasks. Then he develops agreement on the calendar date for each task. In this situation, he is said to be involved in which of the following activities?

A. InitiationB. Activity sequencingC. Scope definitionD. Schedule development

17.The calculated duration for a project is 28.166. The standard deviation is 5.5. The project manager is computing the probability of completing the project on a specific day. Which of the following would be the most helpful for him in this situation?

A. PERT formulaB. Monte Carlo simulationC. Variance analysis D. Probability analysis

18.The budget estimate of a project should be at what range of the actual cost?

A. -5% to +10%B. -75% to +25%C. +10% to -25%D. -10% to +25%

19.A project manager is in the middle of creating an RFP. At this situation, he is said to be in which of the following phase of the procurement process?

A. Source selection B. Solicitation C. Solicitation planning D. Procurement planning

20.A contractor suddenly turns down in the middle of the project. A new team has been replaced the vacancy. The project manager is going to address the new team. He should tell the team to emphasize on which of the following activities?

A. Identify team roles and responsibilities

B. Review detailed scheduleC. Discuss cost estimatesD. Emphasize your authority

21.Basically, what does the Staffing Management Plan deal with?

A. What resources will be used on the project B. When and how resources will be added to the team C. How resources will be leveled D. What skills are necessary on the project

22.Some organizations are now using 6-sigma. But generally, which method of quality control is used in an organization?

A. 1-sigma B. 2-sigma C. 3-sigma D. 5-sigma

23.A project manager identifies a risk that a fire could occur in the building during the testing. What should he do?

A. Avoid the risk B. Mitigate the risk C. Deflect the risk D. Accept the risk

24.A project manager takes over an existing project. He finds that there are no quality standards. This situation relates to which of the following quality process?

A. Quality analysis B. Quality control C. Quality planning D. Quality assurance

25.How are the terms and conditions of a contract created?

A. Using only the company's existing standard terms and conditions. B. By the contracting officer assigned to the project. C. Based on the needs of the seller. D. Based on a risk analysis.

26.The risk ranking of the project is an input to which of the following part of the risk management process?

A. Risk response planningB. Qualitative risk analysisC. Risk identificationD. Quantitative risk analysis

27.A project must be completed in three months using only four resources. Which of the following would be helpful for a project manager at this situation?

A. Earned value analysis components.B. Benefit cost ratios.C. Constraints.D. Law of diminishing returns.

28.Suppose a project has the following risks: 20% probability of a 14 day delay in the receipt of customer requirements; 10% probability of a 21 day delay in the procurement process; 50% probability the integration will take 14 days longer. What is the expected value of these events?

A. 49 daysB. 35.8 daysC. 11.9 daysD. 7 days

29.A task has an early start of day three, a late start of day 13, an early finish of day 9 and a late finish of day 19. What is the duration of this task?

A. 6B. 3C. 10D. 7

30.Basically, how much time do a project manager spend in communication?

A. 90% of the total timeB. 20% of the total timeC. 70% of the total timeD. 25% of the total time

31.You have a project with four tasks as follows: Task 1 can start immediately and has an estimated duration of one. Task 2 can start after task 1 is completed and has an estimated duration of four. Task 3 can start after Task 2 is completed and has an estimated duration of five.

Task 4 can start after Task 1 is completed and must be completed when Task 3 is completed. The estimate for Task 4 is ten. What is the shortest estimated duration in which the project can be completed?

A. 11B. 10C. 18D. 9

32.As a project manager, you are involved with schedule development for the project. You have analyzed the project, compressed the schedule and completed a Monte Carlo analysis. Which of the following output will result?

A. Resource requirement updatesB. Corrective actionC. Activity duration estimatesD. Work breakdown structure

33.People who find themselves living and working in a different environment are generally disorientated. What are they experienced by such disorientation?

A. Culture shockB. SociocentrismC. Temporal shockD. Ethnocentrism

34.During which of the following phase of risk management a risk-rating matrix is completed?

A. Risk qualificationB. Risk response planningC. Risk controlD. Risk identification

35.Which of the following process means determining the physical resources, their quantities, time of their use, etc.?

A. Resource planning.B. Resource leveling.C. Resource selection.D. Resource materials.

36.As a project manager, you have finished the risk response planning process. You are left with residual risks. How should you treat them?

A. Document them and revisit them during project executionB. Deal with them as they arise during project executionC. Include them as part of the contingency plansD. Perform a sensitivity analysis on them

37.While creating the final list of activities, a team member tells you that a task has been forgotten in the WBS. What should you do?

A. Wait for a change order to be processedB. Include it in the WBSC. Include it only in the network diagramD. Include it in the estimate, but not the activity list

38.A project manager has completed a WBS and cost estimates for each work package. He wants to create a cost estimate from this data. What should he do?

A. Use the highest level of the WBS to estimate analogously.B. Sum up the work package and risk reserve estimates.C. Roll up work package estimates into a project total.D. Gain expert opinions of the project total costs.

39.Which of the following is a basic rule or guideline for creating a work breakdown structure?

A. The first row should describe the products of the project.B. Each level of a work breakdown structure is a smaller segment

of the level above.C. A work breakdown structure should be like a to-do list, listing every

task in chronological order that needs to be done to complete the project.

D. Functional areas should organize a work breakdown structure.

40.You are the project manager of a new, large and complex project. Because this project is business-critical and very visible, the executive sponsor has told you to analyze the risks and prepare mitigation strategies for them as soon as possible. The organization has risk management procedures that are seldom used or followed. But the history of handling risks is bad. The project's first milestone is in two weeks. In preparing the risk management plan which of the following persons has/have a LEAST important role?

A. Project team members

B. Executive sponsorC. Individuals responsible for risk management policies and templatesD. Key stakeholders

41.The project information has been distributed among the stakeholders according to the communications plan. Some project deliverables have been changed according to the change control plan. All stakeholders received the communication containing notification of the change. One of them was surprised upon being informed of a previously published change to a project deliverable. He communicated the same to the project manager. What should the project manager do?

A. Determine why the stakeholder did not receive the information and let him know when it was published

B. Review the communications plan to determine why the stakeholder did not understand his responsibility

C. Review the communications plan and make revisions, if necessary

D. Address the situation in the next steering committee meeting so others do not miss published changes

42.As a project manager for large bank you are in charge of developing a new certificate of deposit product. This needs information technology systems development. Your internal information technology staff is not responsive enough and does not have expertise in the technology needed for this project. You do not have time or the information to develop a detailed statement of work. In this situation, which of the following contract would you prefer?

A. FP (Fixed price)B. CPPC (Cost plus percentage of costs)C. CPIF (Cost plus incentive fee)D. T&M (Time and materials)

43.A project manager is assigned to an environmental engineering project chartered to build a reverse flow fish ladder on a river. An environmental group is performing the project. This type of project has never been done before. The project manager has decided to build a basic project schedule to detail the work of each phase as the current phase nears completion. Which of the following best describes what the project manager is doing?

A. The controlling process of ensuring that project objectives are met by taking corrective action when necessary

B. The process of planning change controlC. The progressive process of rolling wave planning

D. The core planning process of reiterating a plan in the same order from project to project

44.A project has seven activities: A, B, C, D, E, F and G. A, B and D can start anytime. A takes three weeks, B takes five weeks and D takes 11 weeks. A and B must be completed before C can start. C takes six weeks. B, C and D must be completed before E can start. E takes two weeks. F can start as soon as C is completed and requires four weeks. E must be completed before G can start. G takes three weeks. F and G must be completed for the project to be completed. Based on this information, which of the following statement is correct?

A. Activity A has two weeks slack, activity F has one week.B. Activity F has one-week slack.C. There is no slack available in the project.D. Activity A has eight weeks slack.

45.A project manager and his team are working together to develop a work breakdown structure. However, the team members are doing work that is not included in the work breakdown structure. What exactly is the purpose of a work breakdown structure?

A. Guide the cost estimate for a project, not how the work is done.B. Provide senior management with a high level view of the project

scope.C. Include the work required to create the products of the project.D. Include the total project scope or all of the work that must be

done to complete the project.

46.A project manager is attending his first bidders' conference. He asks you for advice on what to do during the session. What would you advise him?

A. You do not need to attend this session; the contract manager will hold it.

B. Watch for sellers who ask too many questions in an attempt to block out the other sellers.

C. Make sure you give all the sellers enough time to ask questions. They may not want to ask questions while their competitors are in the room.

D. Let the project sponsor handle the meeting so you can be the good guy in the negotiation session.

47.A project team has members in five different locations with varying information systems. The project manager works with the project team to determine how the project information will be distributed. Which of the following documents is having such type of activities?

A. Overall project planB. Scope statementC. Communication management planD. Staffing management plan

Execution

1. Which of the following is not a part of the contract documents?

A. Scope of work B. Proposal C. Negotiation process D. Terms and conditions

2. One of the major aspect of scope verification is that it:

A. Provides a chance for differences of opinion to come to light.B. Ensures the project deliverable is completed on time.C. Shows the deliverable meets specifications.D. Makes sure the project is on track by ensuring the customer's

acceptance of the deliverable.3. Under which of the following situation integration is performed?

A. At key interface points B. At the end of each project management phase C. Project planning D. Project execution

4. Which of the following project reports meant that they are in their pure state?

A. plan communications. B. manage resources. C. distribute information. D. report performance.

5. One of the important role of the project manager during project planning is:

A. Creating a Gantt chart and getting management to approve itB. Following the plan set by managementC. Coordinating the creation of a document that can be used to

guide the projectD. Making a list of tasks the team members are required to perform

6. Which of the following would be the first step of a project manager when a system development project is nearing closure and an unplanned risk is identified, that could potentially affect the project's overall ability to deliver?

A. Mitigate this risk by developing a risk response planB. Alert the project sponsor of potential impacts to cost, scope or

scheduleC. Qualify the riskD. Develop a workaround

7. What is the result of using the ‘compromise’ to resolve a conflict between two parties?

A. Lose-loseB. Win-loseC. Win-winD. Lose-win

8. The scope statement is checked against the work results to ensure the conformance of the customer requirements. For which of the following are the results are documented and used?

A. Estimating future projectsB. Changing the project scopeC. Defining the future project taskD. Validating the quality products

9. During which of the following situation the product of the project is created ?

A. Schedule development. B. Integrated change control. C. Project plan execution. D. Project plan development.

10.Which of the following would be followed after a project is ending one of its phases?

A. Management meeting B. Team meeting C. Scope management D. Scope verification

11.What is the main aspect of a team meeting during execution ?

A. To authorize changes to the project. B. To make changes to the project. C. To determine project status. D. To communicate.

12.Which of the following is a frequent complaint about matrix organizations with respect to communications?

A. misleading.B. hard to automate.C. complex.D. closed and inaccurate.

13.Which of the following is the most appropriate contract type in a particular situation during the project when you realize you need a consultant immediately to begin working on a project?

A. Time and material B. Start work order C. Fixed price D. Cost plus fixed fee

14.Which of the following is measured by using Standard deviation ?

A. How far the estimate is from the average estimate. B. How much time remains in the project. C. How correct the sample is. D. How far the measurement is from the mean.

15.Which of the following project elements is not included in the effective stakeholder management?

A. Clear requirements definitionB. Scope change controlC. Timely status informationD. Frequent cost reports

16.Under which of the following circumstances Management by objectives of a project works?

A. the project includes the objectives in the charter. B. the rules are written down. C. the project does not impact the objectives. D. it is supported by management.

17.Which of the following will be your First action if the seller on your project abruptly goes out of business?

A. Terminate the projectB. File for a portion of the company's assetsC. Terminate the contractD. Hire a new seller immediately under a time and materials

contract

18.Testing the entire population would:

A. Provide more information than wanted.B. Take too long.C. Show many defects.D. Be mutually exclusive.

19.An advantage of a fixed price contract is:

A. Cost risk is higher.B. All parties share risk.C. There is little risk.D. Cost risk is lower.

20.What is the primary objective of contract negotiations?

A. Get the highest monetary return.B. Get the most from the other side.C. Protect the relationship.D. Define objectives and stick to them.

21.Which of the following activities is performed during the scope verification?

A. Create work breakdown structure B. Performance measurement C. Verify product correctness D. Inspection

22.A project manager places a purchase order for a piece of equipment. Which of the following terms best describes this activity?

A. CommitmentB. ExpenseC. Cash out-flowD. Capital investment

23. Which of the following tools are frequently used in Procurement planning?

A. Make or buy analysis, expert judgment, and contract type selection

B. Contract type selection, bidders conferences, and expert judgmentC. Expert judgment, audits, and bidders conferencesD. Make or buy analysis, contract type selection, and weighting

system

24. A contractor’s deliverable has been delayed for certain days. You want to determine the effect of this event on the project schedule. Which of the following method is used for this purpose?

A. Risk IdentificationB. Risk MitigationC. Risk SimulationD. Risk Assessment

25.What is the fee or profit in a fixed price contract?

A. It is determined with the other party at the end of the project. B. It is part of the negotiation involved in paying every invoice. C. It is applied as a line item to every invoice. D. It is unknown.

26.A large number of organizations use the centralized contracting method. Which of the following is its advantage it?

A. Increases company expertise in contracting B. Allows a contracts person to work on a single project C. Gives easier access to contracting expertise D. Gives more loyalty to the project

27.The Management of a company has defined some quality standards for a project. They want to be sure that the project is following such standards. Which of the following statement would be the most helpful for them?

A. Quality audit B. WBS C. Risk management plan D. Statement of work

28.What is the role of a project manager during execution of the project?

A. Leader. B. Coordinator. C. Director. D. Integrator.

29.Which of the following conflict resolution technique generates a long lasting solution?

A. SmoothingB. Problem solving C. CompromiseD. Forcing

30.Other than confronting, smoothing and forcing, which of the following conflict resolution techniques is used on a project?

A. Directing.B. Withdrawing.C. Controlling.D. Organizing.

31. It is best for an organization to focus on team development. Because it enhances the ability of which of the following person(s) to contribute?

A. Project managerB. TeamC. ManagementD. Stakeholders

32.Senior management of a company wants to be more confident in quality product standards. So they are doing a regular evaluation of project performance. Which of the following terms correctly defines this activity?

A. Quality controlB. Quality managementC. Quality planningD. Quality assurance

33.You are accommodating a new project in your department. You want to move resources from one project to another. Your department is currently working at capacity. By doing so, it will inevitably delay the project. Out of the following, you can move resources from which project?

A. Project A with a benefit cost ratio of .8, no project charter and four resources

B. Project B with a net present value of $60,000, 12 resources, and variable costs between $1,000 and $2,000 per month

C. Project C with an opportunity cost of $300,000, no project control plan, and an internal rate of return of 12%

D. Project D with indirect costs of $20,000 and 13 resources

34. You are in the middle of a major new facility construction project. The structural steel is in place, and the heating conduits are going into place. The project sponsor is worried about the quality standards of the project. He informs you the same. What should you do in this situation?

A. Assure the sponsor that during planning it was determined the project would meet the quality standards

B. Inspect the results so far and use them to determine future resultsC. Perform a quality auditD. Check the results from the last quality management plan

35. You are the project manager of a large electrical system implementation project. One of your team members has started to miss deadlines. The work quality is also beginning to suffer. But you are confident that this person is well aware of the work deadlines and required quality specifications. What action should you take?

A. Report the problem to HR for corrective actionB. Reassign some work to other team members until performance

starts to improveC. Meet with the employee in private and try to determine the factors

impacting performanceD. Escalate the situation to the employee's functional manager

and ask for assistance

36. You are the project manager a project involving high financial risks. The contract states that every seller on your project has to submit a weekly status report. You discovered that one of the sellers has not submitted the report for the last four weeks. What is the BEST thing to do?

A. Send a letter to the seller letting him know he has breached the contract and demanding corrected performance in the future

B. Determine if the report is important to the project before doing anything

C. Suspend paymentD. Call the seller and ask when the report will be issued

37. Your project is in execution phase. The project has a very tight time line for review of the seller's submittals and for completing the project. You discover that your specifications are incomplete. You are not sure of the extent of the problem. What should you do FIRST?

A. Hold a meeting with the stakeholders to determine what areas are incomplete

B. Tell the seller to stop work until further instructedC. Begin comparing your requirements to the specifications and

at the same time you hold a meeting with the stakeholders to determine what areas are incomplete

D. Have the seller stop work on the parts of the project that are completely defined

38. Which of the following risk events MOST likely interfere with attaining the objectives of a project schedule?

A. Delays in obtaining required approvalsB. Substantial increases in the cost of purchased materialsC. Contract disputes that generate claims for increased paymentsD. Slippage of the planned post-implementation review meeting

39. You are working in a matrix organization. A team member comes to you and admits that he is uncertain of how to perform a part of the task. He suggests a training class available next week. Where should the cost of the training come from?

A. Switch to a trained resource to avoid the costB. The human resource department budgetC. The team member's functional department budgetD. The project budget

40. What is the function of a project manager in the solicitation phase of procurement management?

A. Evaluating risksB. Confirming submittals have been sentC. Confirming that changes to the contract are madeD. Answering questions of potential sellers

41. Under which of the following conditions a seller is required the seller agreement, a formal and a written correspondence?

A. A change to the project is issued.B. A meeting with the seller's management is held.C. The seller is asked for supporting information.

D. There is a follow up to a conversation.

42. You are the project manager of a complex, eight-month project. The customer has given the scope of the work for the project. It has a few unknowns. He asks you to just "get it done" and only wants to see you at the end of eight months when you deliver the finished project. Under these circumstances, which of the following is the best thing to do?

A. Complete the project as requested, but verify its scope with the customer occasionally throughout

B. Complete the project within eight months without contacting the customer during this time

C. Ask management to check in with the customer occasionallyD. Complete the project, but document that the customer did not want

contact

43. You are working on an 18-month project with a small, co-located team. The project sponsor and senior management are in another city. They have requested weekly updates. The customer requires monthly meetings. The team members are very busy with the project execution phase. So they want to reduce the frequency of meetings. In which of the following ways the status meetings should be managed?

A. During project executing, you do not need to hold status meetings as long as you send the key stakeholders a status report every week.

B. Once a month the entire team, including senior management, should meet with the customer. You should discuss the details of the previous month's issues and the current status.

C. During project execution, it is only necessary for the project manager to meet with the customer once a month to fulfill your contractual obligation. Provide the customer with the status report and copy this report to key stakeholders

D. The frequency and level of meetings as well as the format and type of information to be exchanged should be defined in the project's communications plan during planning.

44.An organization has signed a contract to upgrade 8,000 workstations. You are appointed as the project manager for this project. The cost analyst works from home. His price estimates are based on the details outlined in the contract. The proposal manager is relatively new. He doesn't have sufficient related knowledge. You think there was a flaw in the logic determining the number of workstations that can be upgraded via remote electronic software distribution. What should you do?

A. Meet with the appropriate project team members to choose the best solution

B. Determine if the contingency budget will cover the additional cost of more expensive visits

C. Meet with the vendor to adjust the contract for the changeD. Meet with the cost analyst and the proposal manager to determine

how they can amend the contract to accurately reflect the work that will have to be done

45.You are the project manager of a large and costly project. You are in the kickoff meeting with your team members. At the end of the meeting, two of them engage in a casual conversation about the project objectives and deliverables. It is clear they heard different messages during the meeting. One member is so adamant that the other member gives up arguing the point. You talk to both of them. After that, the second member confirms that the first member is mistaken. What do you do next?

A. At the next project meeting, the team member should ask the mistaken team member to describe his interpretation so the project manager can get everyone on the same page.

B. At the next project meeting, you should spend time reviewing a documented scope statement with the goal of identifying this and other false assumptions.

C. The second team member should send the other team member an e-mail describing what he discovered.

D. You should send out an e-mail to the team restating the project objectives and deliverables.

46.Your organization gets a project to dig a trench to lay fiber for a high-speed Internet connection. You are the project manager for this work. All of the work permits have been obtained and funding has been approved. There have been several weather related delays. In spite of that, the project is on time due to perseverance of the entire team. You discover that the customer does not have adequate facilities and will not have them in time. As per the contract, it is his responsibility to provide entrance facilities so the connection into the building can be made. Which of the following would be the best course of action for you in this situation?

A. Continue working with your company's portion of the work according to the contract. As a project manager, your job is done once this work is completed.

B. Slow down the work, allowing the team time off but ensuring that you will be completed before the customer finishes their portion of the work.

C. Stop all work and request that the customer contact you when they have fulfilled their responsibilities.

D. Continue working according to your contract. Remind the customer both verbally and in writing of the customer's responsibilities. Provide the customer with an estimate of the impact if they do not meet their responsibilities.

47.You are the new project manager in a functional organization. The project is a large one involving activities that the organization has never done before. Your predecessor has left the firm. Basically in such type of firms, different units are often rather hostile to each other. You get adequate documentation, including an agreed-to project charter, project plan, WBS, etc. The project is on schedule and within budget. However, the atmosphere in meetings with the project members often seems tense. You find offhand comments made by participants. It indicates a high level of dissatisfaction with the project. You review all of the major project documents with the key stakeholders and get agreement they are still accurate. You think this is not enough to solve the problem. Which of the following is the best comment for this situation?

A. Stakeholders have very different expectations about what the project is supposed to accomplish.

B. The organizational structure and dynamics prevent people from working together effectively.

C. There are personality conflicts among the project team members that you need to uncover and resolve.

D. The project does not have an effective executive sponsor and thus is not viewed as a high priority.

Controlling

1. Through which of the following does the generally accepted method to confirm accuracy of tasks progress?

A. Earned valueB. Probability vs. outcomeC. Maximum ceilingD. Work breakdown structure

2. When does monitoring cost performance to detect variances from plan

occur?

A. cost control.B. cost management.C. cost budgeting.D. cost estimating.

3. Which of the following will determine the willingness to take a risk by an individual?

A. Decision tree modelingB. Monte Carlo methodC. Sensitivity analysisD. Utility function

4. Which of the following will not assist in determining the impact of a scope change?

A. Project charterB. BaselineC. Performance measurementD. Milestones

5. With which of the following does the scope change control will not integrate?

A. ScheduleB. CostC. ProcurementD. Quality

6. Risk response development intends to which of the following?

A. Create steps to identify project risksB. Formulate strategies for dealing with adverse events. C. Construct a list of previous project risksD. Develop measurements to quantify project risks

7. Which of the following is not true for a project baseline?

A. It includes approved scope changes. B. It is useful in preparing the WBS. C. It is the original approved plan. D. It is useful in detecting project variances.

8. What are Residual risks?

A. risks that remain after risk response planning B. planning risks that are no longer a factor during execution. C. new risks created by the risk response strategies selected. D. lower priority risks not requiring mitigation efforts.

9. What are Secondary risks?

A. lower priority risks not requiring mitigation efforts. B. new risks created by the risk response strategies selected. C. discovered during risk identification. D. planning risks that are no longer a factor during execution.

10.What does estimate at complete mean?

A. Anticipated total cost at project completionB. Estimated average cost at project completionC. Anticipated expenses at project completionD. Each anticipated cost for project

11.All of the following can be used as a quality control tool EXCEPT:

A. Life-cycle costing B. Pareto diagram C. Work breakdown structure D. Sampling

12.When should the project baseline be changed?

A. For all implemented changes B. It should not be changedC. At each project team meetingD. Only for changes that have been approved by the change control

board

13.Which of the following is not relevant for analyzing a cost overrun?

A. communication plan.B. lag.C. labor rates.D. resources used.

14.Project coordination is enhanced through progress reporting, variance reporting and cross-team meetings. Which of the following studies does includes this?

A. Stakeholder management.B. Communications management.C. Quality management.D. Risk management and reporting.

15.Which of the following measures is used for the cost Performance Index?

A. Earned Value – Actual CostB. Earned Value – Planned ValueC. Earned Value / Actual CostD. Earned Value / Planned Value

16.A project becomes more complex. How does it affect the level of uncertainty in the scope of the project?

A. Decreases. B. Increases. C. Remains the same. D. Decreases and then increases.

17.Determine the schedule variance of the project, if PV is +ACQ-29,000, AC is +ACQ-32,000, and EV is +ACQ-30,000.

A. +ACQ-1,000 B. +ACQ-2,000 C. 0.938 D. 1.034

18.Determine the CV of the project, if EV is +AD0- 350, AC is +AD0- 400, and PV is +AD0- 325.

A. Negative 50 B. 450 C. Negative 55 D. 500

19.When does the baseline change?

A. Only under emergency conditionsB. With any approved changesC. When the project sponsor determines it is appropriateD. The original baseline is always maintained throughout the project.

20.Which of the following is correct if two events cannot occur in a single trial?

A. They are mutually exclusive.B. They are statistically independent.C. They are false events.D. They are just in time.

21.Generally, which of the following is better illustrated by a bar chart than a network diagram?

A. Resource trade-offB. Progress or statusC. Logical relationshipsD. Critical paths

22.There is a major delay on a non-critical path activity. Which of the following action must not be taken in this situation?

A. Change the project scheduleB. Investigate the delayC. Reevaluate which path is criticalD. Review slack time for the task

23.Which of the following compares actual dates with planned dates?

A. PERTB. Schedule definitionC. Variance analysisD. Resource leveling

24.During which step of risk management workarounds are determined?

A. Risk quantificationB. Risk identificationC. Risk monitoring and controlD. Risk response planning

25.As a project manager, you decide to bring expected future schedule performance in line with the project plan. Which of the following is the correct term that defines such an activity?

A. Lessons learned B. Scope verification C. Corrective actionD. Scope planning

26.You have been assigned as project manager for a construction project. You discover that a deliverable will be late. It will cause the project to be delayed by four weeks. Your analysis shows that the item can be purchased from another seller at a higher price without affecting the schedule. What is the BEST thing to do?

A. Evaluate the impact of the decision

B. Discuss the impact with the customer and ask for a decisionC. Crash or fast track the projectD. Change the project plan to reflect the new due date

27.During the planning phase, Task G is on critical path. It was estimated to complete in five days. But, on day two, it became clear that Task G would take 15 days, which will impact the imposed project end date. The project team meets to perform root cause analysis to identify the cause of the variance and to plan schedule recovery with activities performed later in the schedule. What is the output of this meeting called?

A. Corrective actionB. WBS updatesC. Activity list updatesD. Schedule updates

28.A project manager is trying to manage a complex project at a 6-sigma level with 15 people. He decides to use a trend report. How does it help him?

A. It evaluates earned value.B. It examines project results over time.C. It analyzes the level of project complexity.D. It determines the level of quality.

29.A project manager analyzes the status of the project. He determines that the project is two weeks behind schedule. He wants to recover the original schedule. There is plenty of remaining budget in the current plan. What is the BEST option for him in this situation?

A. Crash the scheduleB. Inform the team that overtime will be required for a short time to

recover the scheduleC. Reduce the scope of work with a change requestD. Compress the testing and quality management portion of the

project

30.A project manager wants to assess quality of the project. To do so, he needs to measure the height of each table produced. But that would be too expensive. In this case, which of the following tools will be more useful?

A. benchmarking.B. a sample.C. a control chart.D. a Pareto diagram.

31.A multi-year construction project experiences weather-related schedule delays during the first winter of the project. All the local parties involved in the project describe the climate as typical for this area. What should the project manager do to integrate this information into the project schedule?

A. Lengthen the estimated activity duration for all activities scheduled to occur the following winter

B. Re-evaluate the revised schedule to determine the potential impact

C. Leave the current project schedule unchanged and work the issues as they arise next year

D. Make changes to the project plan in order to maintain the current project schedule

32.A team member notifies the project manager that a quality measurement for the project cannot be met. What should the project manager do?

A. Notify managementB. Hold a team meetingC. Look for alternative ways to meet the quality levelD. Ask management to come up with options

33.The primary customer of a project has requested an application change during user testing. As a project manager, how should you address this issue?

A. Develop a risk mitigation planB. Through a formal change requestC. Inform the project sponsor of changes to scope, cost and scheduleD. Ensure that scope change complies with all relevant contractual

provisions

34.During the first half of the project, five team members left for other projects without being replaced. Two team members went on vacation without informing you. Others expressed uncertainty about the work they were to complete. In this situation, which of the following must be created for the second half of the project?

A. Work breakdown structureB. Resource histogramC. Staffing management planD. Responsibility matrix

35.The networking vendor informs the project manager that the recent earthquake will impact the delivery of critical components. The project

team must meet to determine the impact to the overall project. It is determined that staffing will not be affected, but changes must be made in the areas of risk and cost management. It is too early to tell if quality baselines will be affected by this schedule change. In this situation the project team is said to be involved in which of the following?

A. Configuration managementB. Work authorization analysisC. Status review meetingD. Integrated change control

36.A project is about to complete. Management requests the project manager for a change. What is the first thing he should do?

A. Comply with the request if possibleB. Obtain a complete understanding of the scope of the changeC. Tell the customer that a change will be comingD. Ask the team to accept the change

37.After a big effort, the project team finally determines the specifications for a major scope change. What should the project manager do next?

A. Look for other changesB. Notify the stakeholders about the new scopeC. Gain sign off on this changeD. Calculate the risks associated with this change

38.The project progress is tracked according to plan. The project manager discovers that final deliverables will not be completed to meet deliverable dates imposed by management. What should the he do now?

A. Renegotiate scope with stakeholders using some combination of scaling back final deliverables or extending the project timeline

B. Remember not to agree with unreasonable timelines imposed by management

C. Drive the project team to work faster to make up for lost timeD. Recalculate the project schedule and distribute according to the

communications plan

39.A team member notifies you that he has added extra functionality to the project. There was no impact on the cost or schedule. What should be done as a result of this change?

A. Implement change control processes to track the changeB. Understand what functionality was added, to determine course

of actionC. Notify the functional manager that scope changes are not approvedD. Make sure marketing is aware of the change

40.A project manager has access to a tremendous amount of historical information on projects. He wants to use this information to mathematically forecast the future outcome of projects. Which of the following would he MOST likely use?

A. BenchmarkingB. Trend analysisC. Variance analysisD. Decision trees

41.A functional manager wants to make a change to the time associated with a task. There is not enough reserve to accommodate the change. Who will order this kind of changes?

A. Senior managementB. The functional managerC. The project managerD. The team member performing the work

42.You have just been assigned as the project manager. The project is in the middle of the execution phase. You are determining how you will control the project. Which of the following would be the BEST way?

A. Use a combination of communication methods.B. Hold status meetings because they have worked best for you in the

past.C. Refer to the Gantt chart weekly.D. Meet with management regularly.

43.A project team has invited many of the project stakeholders to help them inspect quality on the project. Which of the following would NOT be an output of this activity?

A. Quality management planB. Quality improvementC. ReworkD. Process adjustments

44.During project execution, a team member identifies a risk that is not in the risk management plan. What should the project manager do?

A. Analyze the risk

B. Get further information on how the team member identified the risk, because you already performed a detailed analysis and did not identify this risk

C. Disregard the risk, because risks were identified during planningD. Inform the customer about the risk

45.+ACI- is an uncommon state of nature, characterized by the absence of any information related to a desired outcome. Which of the following states the other definition of +ACI-?

A. It is an act of God.B. It is an amount at stake.C. Uncertainty.D. Risk aversion.

46.A project manager is monitoring specific project results to determine if they comply with relevant standards. He eliminates causes of unsatisfactory results. Which of the following includes this kind of activity?

A. Quality planning.B. Quality assurance.C. Quality work results.D. Quality control.

Closing

1. In which of the following order does the processes are performed in the Closing process group?

A. Contract Closeout then Scope VerificationB. Administrative Closure then Contract CloseoutC. Scope Verification then Administrative ClosureD. Contract Closeout then Administrative Closure

2. When was the contract is considered closed From the seller's point of view?

A. final payment is made.B. the archives are completed.C. lessons learned is complete.D. scope of work is complete.

3. Which of the following would be created as an output of administrative closure?

A. a project charter.

B. a risk analysis plan.C. a project plan.D. project archives.

4. Which of the following is the BEST technique to ensure proper contract closure?

A. Contract documentationB. Procurement auditsC. Scope change controlD. Formal acceptance

5. Which of the following is TRUE regarding performance reporting?

A. It is done during control and closure.B. It is done during execution and control.C. It is done during planning and execution.D. It is done during planning and control.

6. Which of the following is NOT included in Administrative closure?

A. Analysis of project success.B. A collection of project records.C. Creating a project risk management plan.D. Ensuring that records include final specifications.

7. Which of the following must be documented during a contract closeout?

A. Formal acceptanceB. Statement of workC. Payment scheduleD. Change control procedure

8. Which of the following documents helps a company improving its project performance and creating historical records of past projects?

A. Network diagrams B. Project plans C. Status reports D. Lessons learned

9. A project manager follows the internal project procedures to finish a project. He also uses Lessons Learned during the execution. Who create(s) the Lessons learned?

A. Stakeholders

B. Management C. Project manager D. Client

10.Which of the following documents does the project manager refer during closure of the project?

A. Trend analysesB. Documents that describe the project statusC. Documents that describe the product of the projectD. Change requests

11.What does the contract lessons learned include?

A. Customer's evaluation of the scope of workB. A complete list of the contract as built drawingsC. Evaluations of what went right and wrongD. Team's evaluation of the contract type selected

12.You are the project manager for a large international bank. The project team has just implemented an electronic funds project. It involves four large vendors. You are struggled through every phase of the procurement process since the bank had a weak internal contracts department. You want to ensure that the problems are resolved for future projects. What would be the MOST appropriate thing to do?

A. Document all of the issues in a memo and schedule a meeting with the head of the contract office

B. Include an agenda item in the project closedown to discuss these issues in a non-threatening manner

C. Address this through contract change controlD. Conduct a procurement audit

13.The scope of work is completed on a project. However, the customer is not happy because they want additional work to be completed. In light of this, what should be done?

A. Begin closure on the contract and sign a new one for the additional work

B. Change to a cost reimbursable contractC. Tell the customer it is too late to make a changeD. Add to scope of work and proceed with additional work after

obtaining management's agreement

14.Part of the project objectives for your company was to acquire additional expertise completing a large scale project. The project is mostly

completed when your client terminates the contract. A change in their business means the work is no longer needed. What is the MOST effective thing to do?

A. Stop work immediatelyB. Complete the project, but do not charge the client for the timeC. Tell the client that work will stop after it is completedD. Move on to closure

Professional Responsibility

1. Which of the following step is to be taken when your company puts a new product into the market place without any reports of problems, but later on your internal research indicated that there is a possibility of two serious injuries per year and would cost $21,000,000 to fix?

A. Obtain insurance to cover the anticipated damages B. Wait until an injury to verify the impact C. Make the modifications necessary in current products D. Recall all existing product

2. Which of the following is the best advantage of a charter by which a project manager can easily convince the management regarding the usefulness of project management?

A. It describes the details of what needs to be done. B. It lists the names of all team members. C. It gives the project manager authority. D. It describes the Project's history

3. What would be the best thing done by a new project manager if at the beginning of creating the project's scope of work one stakeholder wants to add many items and another wants to describe the functional requirements and though the project is important for the company but a seller will do the work?

A. The scope of work should be general to allow the seller to make its own decisions.

B. The scope of work should be general to allow clarification later. C. The scope of work should be detailed to allow clarification later.

D. The scope of work should be as detailed as necessary for the type of project.

Explanation: Sometimes the scope of work on a project can be described in great detail. However, sometimes the seller has the expertise and the

buyer does little. The scope of work would therefore describe or performance or function rather than a complete list of work.

4. Which of the following step is to be taken when you discover, just one day before a major negotiation with a potential subcontractor, that there is a good chance, the project will be cancelled?

A. Only negotiate major items B. Let the contracts department handle the situation C. Postpone the negotiations D. Cut the negotiations short

5. Defining which of the following is the key factor for achieving customer satisfaction?

A. The business useB. RequirementsC. Product specificityD. Change control

6. Which of the following form of communication a project manager prefers when he has a problem with a team member's performance?

A. Formal verbal communication B. Informal verbal communication C. Formal written communication D. Informal written communication

7. You along with one of your team member from research and development, after he tells you that his work is too creative to provide you with a fixed single estimate for the task, decide to use the average time the task has taken for past projects to predict the future. This is an example of:

A. Parametric estimating B. PERT C. CPM D. Monte Carlo

Explanation: They are using a mathematical model to predict the duration of the task. In this case the model is as simple as just taking the average of all past tasks. Using in models is a characteristic of parametric estimates.

8. Which of the following is NOT the responsibility of a project manager?

A. Maintain the confidentiality of customer confidential information

B. Determine the legality of company proceduresC. Ensure that a legal conflict of interest does not compromise the

legitimate interest of the customerD. Provide accurate and truthful representations in cost estimates

9. You are asked to prepare a budget for completing a project that was started two years ago and then shelve for six months. Which of the following would NOT be included in the budget?

A. Sunk cost B. Fixed cost C. Direct Cost D. Variable cost

10.This is your first Project, and you are asked to plan a new project. Which of the following is BEST in this situation to rely on - during planning to improve your chance of success.

A. Your management skills B. Your previous training C. Historical records D. Responsibility charts

11.You have been asked to help senior management when your organization is having a difficult time managing all of its projects. Which of the following types of reports would help provide summary information?

A. Gantt charts B. Project plansC. Milestone reports D. Detailed cost estimates

12. It is not known whether your company will be awarded a business. You approach the official who will decide on this matter. You offer a payment to him for any decision made or encouraged to your favor. What is this payment called?

A. Token money. B. A progress fee. C. A sunk cost. D. A bribe.

13.You are the project manager of a new product development project. It has four levels in the work breakdown structure that are sequenced using the arrow diagram technique. You received the activity duration estimates for the project. As per the time management, what is done after activity

duration estimating? A. Create an activity list B. Update the work breakdown structure C. Collect historical records D. Duration compression

14.A project manager wants to establish a baseline for measuring project performance. In this effort, he allocates overall cost estimates to individual activities or work packages. What is this activity called?

A. Cost management B. Cost estimating C. Cost budgeting D. Cost control

15. The cultural and ethical differences should not impede success of multi-national projects. Which of the following assures this among the team members?

A. Co-locatingB. TrainingC. FormingD. Teaming

16. Negotiating across international cultures will involve mutual interdependence between parties. How these negotiations should be conducted?

A. Mutual trust and cooperationB. Generalities and vaguenessC. Sincerity and compassionD. Uncertainty and caution

17.Your company is on the way of breaking a deal in another country. One of

your official begins negotiations with people from that country. They want to know which business practices are allowed and which are not. Which of the following gives a proper guidance in this respect?

A. The project charter B. The negotiation plan C. The company code of conduct D. The project scope management plan

18.Which of the following includes activities like adhere to legal requirements, satisfy competing needs, provide accurate and truthful representations and disclose conflicts of interest?

A. The professional responsibility of the project manager. B. The intellectual property requirements of subcontractors. C. Project closure activities. D. Work in scope management.

19.During the execution of a project, the project manager wants a change in the material purchased. Immediately, he calls a team meeting to plan in this regard. Which of the following is reflecting in this situation?

A. Management by objectives. B. Lack of a change control system. C. Good team relations. D. Lack of a clear work breakdown structure.

20.You are the project manager of a new software development project. You are completed the construction phase. The next phase is testing and implementation. The project is two weeks ahead of schedule. Before moving onto the final phase, which of the following is a matter of concern for you?

A. Scope verification B. Quality control C. Performance reports D. Cost control

21.You are managing a fixed price contract. You think that a large customer-requested change might impact the schedule of the project. What should you do?

A. Meet with the stakeholders B. Meet with the team C. Renegotiate, the remainder of the contract D. Follow the change control system

22.Your project is on schedule and budget after five-and-a-half months of work. But the sponsors are not satisfied with the deliverables. This will delay the project completion by one month. Which of the following might have prevented this?

A. Risk monitoring and control B. Schedule control C. Scope planning D. Scope change control

23.You are the Project manager of a US $5,000,000 software development project. This involves development of a network diagram. You notice a series of activities that can be worked in parallel but must finish in a specific sequence. Which type of activity sequencing method is required for these activities?

A. Precedence diagramming B. Arrow diagramming C. Critical path D. Conditional diagramming

24.Your team has just provided you with the activity duration estimates. Before you start schedule development which of the following must you refer?

A. Risk management plan B. Corrective action C. Schedule change control system D. Change requests

25.A project is in planning phase. You have just been taking it over. Your predecessor had made few processes for managing changes to the schedule. You want to take a note on those plans. Which of the following documents must you refer?

A. Communication plan. B. Project plan. C. Time management plan. D. Schedule management plan.

26.You are the project manager of a new telecommunications project involving high risks. No one has evaluated the risks to access the range of possible project outcomes. Which of the following activities must you conduct first?

A. Risk quantificationB. Risk monitoring and controlC. Risk identificationD. Risk response planning

27.You are the project manager for a large project under contract with the government. The contract for this two year, multi-million dollar project was signed six months ago. You were not involved in contract negotiations or setting up procedures for managing changes, but now you are swamped

with changes form the sponsor and from people inside your organization. Who is normally responsible for formally reviewing major changes to the project/contract?

A. The change control boardB. The contracting/legal departmentC. The project managerD. Senior management

Explanation: It is the role of the change control board to review and approve changes. That board may include people representative of all of the other choices.

28.Management tells a project manager to subcontract part of the project to a company that management has worked with many times. Under these circumstances, the project manager should be MOST concerned about:

A. Making sure the company has the qualifications to complete the project

B. Meeting management exceptions of timeC. The cost of the subcontracted workD. The contract terms and conditions.

29.A project has a tight budget when you begin negotiating with a seller for a piece of equipment. The seller has told you that the equipment price is fixed. Your manager has told you to negotiate the cost with the seller. What is your BEST course of action?

A. Make a good faith effort to find a way to decrease the costB. Postpone negotiations until you can convince your manager to

change their mindC. Hold the negotiations but only negotiate other aspects of the projectD. Cancel the negotiations