Question 1: As part of the risk management process, you have just created an overall risk

ranking of the project and a list of prioritized identified risks which need additional
analysis and determined trends in risk analysis results. What should you do next?

1. Analyze the effect of identified risks on overall project objectives

2. Create a list of identified risks

3. Maintain a risk register

4. Make a list of potential responses to the risks

Question 2: You are considering whether to buy or make a software product. If you want
to buy, the cost is $80,000, and the cost of procuring and integrating the product in your
company is $1,000. If you want to build it yourself, the product will require seven
engineers working for three months. The salary of each software engineer is $4,000 per
month. The other related miscellaneous costs allocated to the project are $2,000. Which
option will you choose?

1. Buy

2. Build

3. Neither build nor buy

4. Need more information on suppliers to make a decisionoose?

Question 3: A contract obligates the seller to provide the specified product and obligates
the buyer to pay for it. In this context, which of the following is a mandatory feature of a
contract?

1. Mutually binding

2. Complicated

3. Very detailed statement of work

4. Signatures of senior leadership of the buyer

Question 4: A project manager has to manage conflict in an organization. Which of the
following could be the source of least conflict in an organization?

1. Weak matrix structure with multiple managers to report to

2. Low position in the organization hierarchy

3. Roles that are not well defined

4. Work pressure and high stress

Question 5: Stakeholder analysis is used to systematically gather and analyze quantitative
and qualitative information on stakeholders' level of interest in the project. In this
technique:

1. Stakeholders are identified based on degree of interest

2. Stakeholder register templates are created

3. Stakeholders are influenced to gain support and reduce negative impact

4. Stakeholder registers from previous projects are used

Question 6: In your project, you are determining project roles, responsibilities, and
reporting relationships. Which of the following is not an input to this process?

1. Enterprise environmental factors

2. Organizational process assets

3. Activity resource requirements

4. Project organization charts

Question 7: In your organization, 3 sigma quality processes have been implemented. This
means that there is a _____% probability that any result will fall within the 3 sigma range.

1. 99.99

2. 99.7

3. 95.4

4. 68.2
Question 8: Due to a shift in company objectives, your project is expected to terminate
before completion. Team members are scared and disappointed as they learn they will be
out of a project. As the project manager, what should you do in this situation?

1. Ignore them, they are no longer your concern.

2. Talk to the sponsor to try to reinstate the project.

3. Delegate to HR for post project staff assignment.

4. Call them for a meeting to discuss team members concerns

Question 9: Since the buyer could not meet the requirements of the contract, you (the
seller) want to terminate the contract early. This is done in the:

1. Plan Procurement Management process

2. Control Procurements process

3. Close Procurements process

4. Conduct Procurements process

Question 10: Our company has developed a software product to analyse 'big data' From
Multiple Sources. While performing beta testing with a small sample of users, you notice
that the product has defects because of the following reasons:

- Non-compatibility with the operating system (20%)

- Bugs in the software (22%)
- Difficulty in understanding instruction manuals (20%)
- Non-availability of desired features (15%)
- Others (23%)

Which of the following techniques is best suited to illustrate the causes of these problems?

1. Flowchart

2. Quality Checklist

3. Scatter Diagram

4. Histogram
Question 11: The studio you are working for has assigned you as the project manager for a
movie project where the producer left midway due to health issues. As a project manager,
you are responsible for meeting the project schedule deadlines. If there is a delay in the
project schedule, you should:

1. Increase the timeline for the project.

2. Fast track or crash the project, and let the management know the impact of this action.

3. Ask the resources to work overtime to meet the project deadlines.

4. Change the project scope.

Question 12: You are working as a portfolio manager. Which of the following are you
responsible for managing?

1. Project interdependencies

2. Projects and programs

3. Projects, programs, and operations

4. Functional work and operations

Question 13: As a project manager, you realize the importance of team development for
resource management. Which of the following is NOT a tool for the Develop Team process?

1. Interpersonal and skills

2. Pre-assignment

3. Training

4. Individual and team assessments

Question 14: You are the project manager in a software company. In your project, you
want to ensure that all the operational departments in your organization (e.g. information
integrity, data architecture group, servers group, etc.) clearly visualize their project
responsibilities. Which one of the following helps you achieve this objective?

1. Organizational breakdown structure

2. Staffing plan

3. Project staff assignments

4. Resource breakdown structure

Question 15: Which of the following is a data representation tool used in the Plan Quality
Management process?

1. Benchmarking

2. Multi-criteria decision analysis

3. Mind-mapping

4. Cost of quality
Question 16: Make or buy analysis does not consider which of the following techniques to
decide whether to include something as part of the project or purchase it externally.?

1. ROI

2. Payback period

3. NPV

4. Reserve analysis
Question 17: You are a project manager and you wish to distribute important Source
selection criteria that have accumulated since the beginning of the project to all the
vendors. In this context, which of the following are possible criteria?

A. Capability and capacity

B. Delivery dates

C. Financial stability of the firm

D. Technical expertise and approach

1. B, C and D

2. All of the Above

3. A, B and D

4. None of the Above

Question 18: In your project, you create a document to record the code of account
identifier, description of work, responsible organization, and schedule milestones. This
document can be referred to as:

1. WBS

2. WBS dictionary

3. PERT/CPM charts

4. Roles and responsibilities matrix

Question 19: The responsibility of stakeholder expectations management usually lies with
the:

1. Project management team

2. Project manager

3. Project team

4. Project manager, project sponsor, and project management team

Question 20: During the Identify Stakeholders process, the project manager identifies all
people or organizations impacted by the project, and documents relevant information
regarding their interests, involvement, and impact on project success. Once identified, a
plan needs to be created to keep stakeholders engaged throughout the project. In this
context, which of the following statements is incorrect about stakeholder management?

1. Stakeholders exert influence over the project and its deliverables

2. It is critical for project success to identify stakeholders early in the project

3. All critical stakeholders should be engaged at the same time

4. A strategy or approach may be developed for engaging each stakeholder

Question 21: As a project manager, you are aware that changes are bound to occur during
projects. While monitoring and controlling change on your projects, you use the term scope
creep. What does the term refer to?

1. Uncontrolled expansion to product or project scope without adjustments to time, cost,

and resources
2. Controlled expansion to product or project scope without adjustments to time, cost, and
resources

3. Manageable expansion to product or project scope without adjustments to time, cost, and
resources

4. Unmanageable expansion to product or project scope with adjustments to time, cost, and
resources
Question 22: You are the project manager in an aircraft manufacturing company
developing a new range of supersonic fighter planes. Since government approval and
involvement are essential, you hire a lobbying firm to get government support to prevent
unnecessary changes in your project. Which process is this an example of?

1. Perform Integrated Change Control

2. Risk Management

3. Cost Management Plan

4. Develop Project Management Plan

Question 23: In your project, you recently observed conflict among team members. You
would like to see that all team members work towards one goal (i.e., successful completion
of the project). A conflict handling method that emphasizes similarities rather than
differences as means to solve a problem can also be referred to as:

1. Smoothing

2. Forcing

3. Confrontation

4. Withdrawal
Question 24: The process of identifying the project needs that can be met by acquiring
products outside the project organization is done as part of:

1. Conduct Procurements

2. Control Procurements

3. Initiate Procurements

4. Plan Procurement Management

Question 25: You are in the process of of defining how to estimate, acquire, manage, and
use team and physical resources. You will be doing as part of:

1. Control resources

2. Estimate activity durations

3. Acquire resources

4. Plan Resource Management

Question 26: You are the project manager of a construction company. You know that the
builders start painting the walls 30 days after they start installing the drywall. This waiting
time can also be referred to as:

1. Lead time

2. Project float

3. Constraint

4. Lag
Question 27: You are taking over a project that is currently in the planning stage. The
previous project manager worked with the team to finalize the process of defining
activities, and you joined the team at the end of this process. The next process requires the
determination and documentation of the relationships among project activities. Of the
following, which is a tool and technique used in this process?

1. Schedule Baseline

2. Dependency Determination and Integration

3. Activity List

4. Decomposit
Question 28: In the Plan Quality process, you are using benchmarking as a tool to facilitate
quality planning. In this context, which of the following statements about benchmarking is
inaccurate?

1. Compares actual or planned project practices to those of other projects

2. Uses only information from within the performing organization

3. Generates ideas for improvement and provides a basis for measuring performance

4. Can be within the same or another application area

Question 29: In your previous project, the project manager gave a lot of autonomy to the
team members, which led to anarchy. The management style followed by the project
manager was:

1. Directing

2. Laissez faire

3. Delegating

4. Democratic
Question 30: The value of work actually accomplished is also known as:

1. Planned Value

2. Earned Value

3. Actual Cost

4. Budgeted Cost for Work Scheduled

Question 31: In your company, payback period is primarily used as the decision criterion
for project selection. Payback period is the:

1. Number of years a company takes to get back the invested amount

2. Discount rate on an investment that makes present value of all cash inflows equal to
present value of all cash outflows

3. Duration in which the project gets completed

4. Number of years a company takes to make profits equal to the amount invested
Question 32: Which of the following aspects of a project is NOT the responsibility of a
project manager?

1. Keep the project on track in terms of schedule and budget

2. Identify, monitor, and respond to risk

3. Provide accurate and timely report of project metrics

4. Ensure integrity of project team members

Question 33: The project team has successfully delivered the final component of a year
long project on-budget and ahead of schedule. You, as the project manager, have been
offered a promotion due to this great success. The final product has been transitioned into
production and post-implementation support requirements have been completed. As part
of project closure, what would be done NEXT?

1. Create project closure documents

2. Release project team

3. Update Organizational Process Assets

4. Validate Scope
Question 34: Your current project has very limited information on activity durations. You
wish to use the actual duration of a previous, similar activity as a basis for estimating the
current activity duration. Once you have estimated the durations for the activities on the
project, what would be your next step?

1. Create an activity list.

2. Calculate early and late start and finish dates for the unfinished project activities.

3. Conduct performance reviews to determine variances.

4. Subdivide project work packages into smaller more manageable components for better
management control.
Question 35: In a fixed price contract, the buyer decides to increase the scope of work to
make the product better. In this case, which of the following can the buyer NOT do?

1. Issue a contract change request

2. Start another fixed price contract to do the additional work

3. Start another cost reimbursable contract to do the additional work

4. Cancel the existing contract and start a new contract

Question 36: You are reaching project completion, and want to understand whether your
project was successful. In this context, for a project to be successful, what is the primary
requirement?

1. Customer satisfaction

2. Exceeding customer expectations

3. Meeting the cost and schedule estimates

4. Satisfying the requirements of the project sponsor

Question 37: Five tasks have to be completed one after another in your project. The
Contract with your Sponsor contains very strict penalties for delays. The schedule reveals
that the project has a negative float of three months, which of the following task(s) should
be crashed to bring the project on schedule? Please refer to the table given below:

Original Duration Crash Savings

Task Original Cost Crash Cost
(months) (months)
M 5 1 $1,600 $1,700
N 6 2 $1,800 $1,900
O 7 1 $2,000 $2,050
P 8 1 $3,000 $3,200
Q 13 3 $2,500 $2,650

1. Task Q

2. Task N and Task O together

3. Either Task Q or Task N and Task O together

4. Task N and Task P together

Question 38: During the Validate Scope process, you formalize acceptance of the project
deliverables and keep the project focused on the business need for which it was
undertaken. This should be done:

1. At the beginning of the project

2. At the end of the project

3. When required by the project sponsor

4. After getting verified deliverables from the Control Quality process

Question 39: Based on past estimates, there is a 25% probability for a particular event to
occur every year. If a project lasts for three years, what is the probability of the event
happening in the third year?

1. 15.625 %

2. 6.25 %

3. 25%

4. 75%
Question 40: In your project, you are estimating schedule activity costs. You decide to use
the bottom-up estimating technique. In this context, which of the following statements
about Bottom-up Estimates is incorrect?

1. Determines the cost of individual scope requirements in the scope statement

2. Provides detailed costs at lowest levels that are rolled up to higher levels for reporting
and tracking purposes

3. Is a method of estimating a component of work

4. Provide cost and accuracy, which is influenced by the size and complexity of the
individual schedule activity or work package
Question 41: Almost all projects are planned and implemented in a social, economic, or
environmental context, and have intended and unintended positive or negative impacts. In
this context, which of the following statements about Enterprise Environmental Factors is
NOT true?

1. Neither promote nor hold back the project management processes

2. May restrict the project management processes

3. May promote the project management processes

4. May either promote or hold back the project management processes

Question 42: You are in the process of creating a risk management plan for your project.
This plan will describe how risk management will be structured and performed on the
project. Your risk management plan may include:

1. Avoid, transfer, mitigate, and accept risks

2. Risk audits, reserve analysis, and technical performance measurement

3. Risk audits, triggers, and inputs to other processes

4. Risk strategy, Funding, and risk categories

Question 43: You are managing a project. Your company has set a pre-defined budget for
you to work with. In this context, a pre-defined budget is considered as a:

1. Risk

2. Assumption

3. Constraint

4. Stage point
Question 44: You are managing the tools/spare parts section for an aircraft manufacturing
company. Your team members have discovered some defective tools/spare parts. The
probable cause for these could be materials used, defective measurement systems,
inaccurate tolerances in the machines, or other factors. To determine what caused the
defect, you will:

1. Use a control chart

2. Draw an Ishikawa diagram

3. Create a flowchart

4. Draw a Pareto chart

Question 45: __________________________ is a resource optimization technique in which free
and total float are used without affecting the critical path.

1. Resource smoothing

2. Resource audit

3. Heuristics

4. Resource breakdown structure

Question 46: A flow chart is a diagram, which shows how various elements of a system
relate and includes tools like "cause and effect diagrams" and "flowcharting". As a project
manager, you find" cause and effect diagrams" a useful tool for:

1. Showing the relationship between two variables

2. Identifying which factors may influence specific variables of a product or process under
development or in production

3. Determining whether or not a process is stable or has predictable performance

4. Illustrating how various factors might be linked to potential problems or effects

Question 47: Which of the following data analysis techniques can be used in the Plan
Quality Management process?

1. Cost of quality

2. Interviews

3. Benchmarking

4. Mind mapping
Question 48: You have contracted some work to a vendor, and would like to identify
successes and failures that warrant recognition in the preparation or administration of
other procurement contracts within the performing organization. This can be performed
through:

1. Audits

2. Contract file

3. Contract performance reporting

4. Lessons learned documentation

Question 49: You are responsible for the development and launch of a NASA satellite. Your
role is that of a:

1. Project Manager

2. Project Coordinator

3. Program Manager

4. Functional Manager
Question 50: You would like to obtain information, quotations, bids, offers, or proposals
from sellers as part of the Conduct Procurements process. In this process, which of the
following is the most critical?

1. Determine whether a product should be purchased or manufactured in-house.

2. Ensure that prospective sellers clearly understand the technical and contract
requirements.

3. Clarify the structure and requirements of the contract.

4. Prepare an independent estimate to verify the proposed price structures of the sellers.
Question 51: You are annoyed with your team members because of their constant
disagreements. You ask them to stop arguing and do the work the way in which you want it
to be done. The conflict handling approach you are following is:

1. Smoothing

2. Forcing

3. Confrontation

4. Withdrawal
Question 52: In your project, you are monitoring communications throughout the entire
project life cycle to ensure the information needs of the project stakeholders are met. The
information typically provides status and progress information on the project at the level of
detail required by the various stakeholders. This is done through:

1. Plan Communications Management process

2. Monitor Communications process

3. Manage Communications process

4. Earned Value management

Question 53: Which of the following is NOT a cost of non-conformance?

1. Rework

2. Scrap

3. Equipment

4. Liabilities
Question 54: Which of the following is NOT a characteristic of a project life cycle?

1. Stakeholder influence, risk, and uncertainty are highest at the start of the project.

2. Ability of the stakeholders to influence final characteristics of the project`s product

increases as the project progresses.

3. The project life cycle determines which transitional actions at the beginning and end of
the project are included, so that the project can be linked to the ongoing operations of the
performing organization.

4. Stakeholder influence, risk, and uncertainty decrease as the project progresses.

Question 55: As a project manager, you are using the configuration management system to
centrally manage approved changes and baselines within the project. Which of the
following is NOT a configuration management activity?

1. Record configuration item status

2. Identify configuration Item

3. Perform configuration item verification and audit

4. Produce product status account

Question 56: You are preparing a document using business case, benefits management
plan, agreements, agreements, enterprise environmental factors, and organizational
process assets. These are valid inputs for:

1. Develop Project Management Plan

2. Direct and Manage Project Work

3. Develop Project Charter

4. Perform Integrated Change Control

Question 57: The CEO of ABC bank is concerned about the increase in "call answering
time" in the bank`s call center (i.e., customers have to wait longer for their calls to be
answered by an operator). She wants to improve call center processes to decrease the "call
answering time." What should the CEO do to address the situation?

1. Set up a PMO

2. Assign a very competent project manager to manage activities in the call center

3. Move to a projectized organizational structure

4. Continue with a functional organizational structure, and try to streamline activities

Question 58: Graphical representations of situations showing causal influences, time
ordering of events, and other relationships among variables and outcomes are also referred
to as:

1. Cause-and-effect diagrams

2. System flow charts

3. Influence diagrams

4. Simulation diagrams
Question 59: You have recently assumed charge of a project from another project
manager. You want to know what kind of information you should provide to different
stakeholders and what methods to adopt for this purpose. You will find this information in
the:

1. Communications management plan

2. Performance reports

3. Project records

4. Communications plan
Question 60: You are working in the Project Management Office (PMO) of your
organization. You provide a consultative role to projects by supplying templates, lessons
from previous projects etc. In this context, you are part of which type of PMO?

1. Supportive

2. Controlling

3. Directive

4. None of the above

Question 61: Which of the following is referred to as ''pure logic diagrams''?

1. Activity-on-node diagrams

2. Milestone diagrams

3. Schedule diagrams

4. Ishikawa diagrams
Question 62: Which of the following is a purpose of the resource management plan?

1. It provides guidance to the project manager on acquiring resources from outside the
team.

2. It provides guidance to the project manager on identifying the project and product scope
necessary to meet the project objectives.
3. It provides guidance to the project manager on scheduling project management
activities.
4. It provides guidance to the project manager on categorizing and managing project
resources.
Question 63: Which of the following statements about the project management team and
the project team is inaccurate?

1. The project management team is a part of project team.

2. The project team supports the project manager in performing the work of the project to
achieve its objective.

3. The project management team is not directly involved in managing the project.
4. For small projects, the project management responsibilities may be shared by the entire
team or administered solely by the project manager.
Question 64: You are the project manager of a project which involves off-shore oil
exploration. Since you cannot plan for all eventualities, you establish a contingency reserve,
including amounts of time, money, or resources to handle the risks. This is an example of:

1. Risk avoidance

2. Risk transfer

3. Active risk acceptance

4. Improper risk planning since all risks should be identified and accounted
Question 65: As the project manager for a large, complex project, you have been getting
complaints from your team, including some of the management team, about all the time
being spent on planning. You know that by spending time following the appropriate
planning processes, you can prevent many problems during execution. This will save time
in the later stages of the project. One of the primary complaints you are hearing is related
to the time it takes to create the Work Breakdown Structure (WBS). You are explaining the
importance of the WBS to your project team members. Which of the following statements
about the WBS is incorrect?

1. It is a hierarchical decomposition of project work.

2. Planned work contained in the lowest level WBS components are called WBS
dictionaries.

3. The WBS subdivides the project work into smaller, more manageable pieces of work.

4. The WBS organizes and defines the total scope of the project work.
Question 66: In your project, you are performing several actions to execute the project
management plan and to complete the work defined in the project scope statement. You
will be involved in:

1. Identifying corrective or preventive action to control the project performance

2. Settling or closing any contract agreement established for the project

3. Creating a document that will formally authorize the project

4. Collecting information about the completion status of the deliverables and other relevant
details about project performance.
Question 67: In which document will you find the code of account identifier, description of
work, responsible organization, and schedule milestones?

1. WBS

2. WBS Dictionary

3. PERT/CPM Charts

4. Roles and Responsibilities Matrix

Question 68: You are managing a Wind Energy Project. You have created the Network
Schedule Diagram given below (all units are in days):

What is the project float if management wants to complete this project within 13 days?

1. 0 days

2. - 3 days

3. 2 days

4. Cannot be determined, because information given in the question is incomplete

Question 69: In your project, you are estimating schedule activity costs by determining the
unit cost rates, e.g., staff costs per hour. In this context, which of the following cannot be
used to determine resource cost rates?

1. Statistical relationship between historical data and other variables

2. Gathering quotes

3. Standard rates with escalation factors (for contracts)

4. Commercial databases or seller published price lists

Question 70: In your project, while decomposing the project work into more manageable
components, you are aware of the problem of excessive decomposition. Which of the
following is NOT the consequence of excessive decomposition?

1. Non-productive management effort

2. Inefficient use of resources

3. Decreased efficiency in work performance

4. Better knowledge of activity sequences

Question 71: The project manager has created the project schedule. In this context, which
of the following activities would the project manager NOT use schedule control for?

1. Influencing the factors that create schedule changes

2. Determining if the project schedule has changed

3. Determining planned start and finish dates for project activities

4. Managing actual schedule changes as they occur

Question 72: In the project, the sponsor has provided a budget of $20 million. This is an
example of a/an:

1. Constraint

2. Assumption

3. Kill point

4. Risk
Question 73: You are taking over a project during the planning stage. You have managed to
identify five tasks to be completed during the project. Please refer to the table given below:

What is the length of the critical path in months?

1. 12

2. 10

3. 11

4. 14
Question 74: Which of the following exhibits greatest resistance to change?

1. Business requirements

2. Technology

3. People

4. Environment
Question 75: As a project manager, you are concerned with determining which risks may
affect the project. What is the process by which such risks are determined?

1. Plan Risk Management

2. Identify Risks

3. Perform Qualitative Risk Analysis

4. Plan Risk Responses

Question 76: Project Risk Management includes all the processes concerned with
conducting risk management planning, identification, analysis, response planning, and
monitoring risk on a project. In this context, which of the following statements about risk is
not accurate?

1. Risk is an uncertain event or condition.

2. Risks have to be identified and properly managed.

3. Risk management should be done throughout the project.

4. Risk have a negative impact on the project objective.

Question 77: Which cost estimating technique costs the least and saves the most time?

1. Parametric estimating

2. Bottom-up estimating

3. Analogous estimating

4. Three-point estimates
Question 78: Which of the following processes establishes the approach and level of
management effort needed for managing project resources?

1. Develop Team

2. Control Resources

3. Plan Resource Management

4. Acquire Resources
Question 79: As a project manager during the Develop Schedule process, you are now
deliberating on the type of schedule presentations you are going to use. The difference
between a milestone chart and a bar chart is that unlike bar charts, milestone charts:

1. Show activity start and end dates

2. Show dependencies among tasks

3. Identify the scheduled start or completion of major deliverables only and not all the tasks

4. Show supporting details

Question 80: You are developing Project Management Plan for your project, which of the
following should you NOT include as a component of the Project Management Plan?

1. Procurement management plan

2. Schedule baseline

3. Configuration management plan

4. Quality register
Question 81: You are managing the release of a new drug in the market. You have been
assigned to lead the team to achieve the objectives of the project. In this context, your role
is that of a:

1. Functional Manager, because you have good functional knowledge of the pharmaceutical
industry
2. Project Manager, because you are creating a unique product within specific time
schedules

3. Operations Manager, because you have to do several repetitive tasks

4. Program Manager, because you have to manage several projects to do your job
effectively
Question 82: The Scope Management Plan is an important component of the Project
Management Plan since it provides direction on how the project scope will be managed
throughout the project life cycle. The Scope Management Plan documents:

1. Which product requirements will be incorporated

2. How project scope will be defined, developed, controlled, and verified

3. Which stakeholders are most critical for defining the project scope

4. High-level project scope deliverables

Question 83: Which of the following is NOT a characteristic of a project?

1. Constrained by limited resources

2. Planned, executed, and controlled

3. Creates a unique product or service

4. Ongoing and repetitive

Question 84: While identifying stakeholders, you plan to group project stakeholders based
on their level of authority and their active involvement in the project. You can do this by
using:

1. Power/Interest grid

2. Power/Influence grid

3. Influence/Impact grid

4. Salience model
Question 85: While managing a project, you decide to create a prototype of your product
first to ensure that it is acceptable to stakeholders before creating your product. This is an
example of:

1. Risk mitigation

2. Risk avoidance

3. Simulation

4. Project assumptions testing

Question 86: You are the project manager for a project where your team must travel to the
work site by foot. The walk is 100 miles, and is the first task on the project schedule. The
total amount budgeted for this task is $4,000. If the team is scheduled to walk 20 miles per
day, they should reach the work site at the end of day 5. At the end of the second day, you
realize the team has only traveled 30 miles, and you have spent $2,000. Based on this, what
is the SPI for your project, and the projected TCPI.

1. 0.8, 1.4

2. 0.75, 1.4

3. 0.75, 1.2

4. Cannot be determined with the given information

Question 87: As a project manager, you want to have an appropriate recognition and
rewards system to encourage better performance and reinforce desired behavior. Which of
the following statements on recognition and rewards system is incorrect?

1. Recognition and reward systems should promote or reinforce desired behavior.

2. Recognition and rewards should consider cultural differences.

3. Recognition for team members who work extra hours on the weekends.
4. Give the team recognition throughout the life cycle of the project rather than wait until
the project is completed.
Question 88: As a project manager, you are responsible for managing changes to the
project scope. If, at the end of the project, a customer wants a major change in the scope of
work, you should:

1. Reject the change

2. Make the required change

3. Escalate the matter to senior management

4. Let the customer know about the impact of the change

Question 89: In your project, while doing scope verification of the product, the customer
points out that a particular work component performed by a team member is not as per
specification. You review the project WBS and confirm that the customer is correct. What
would be your NEXT step?

1. Put the particular requirement through the change control process

2. Call a meeting of your project team to discuss this requirement

3. Escalate the issue to your project sponsor

4. Review the requirement and talk with the team member who implemented the
requirement
Question 90: As a project manager, you estimate that, in your project, there is:

50% probability of earning $40,000 profit

50% probability of incurring $25,000 loss

What is the expected value for the project considering profit and loss possibilities?

1. $32,500

2. $25,000

3. $7,500

4. - $7,500
Question 91: You have reached the end of the design phase of your project. You decide to
call a "phase end review" for obtaining authorization to close the design phase and initiate
the next phase (i.e., execution phase) of your project. In this context, you should review
which of the following documents:

1. Business Case

2. Project Charter

3. Benefits Management Plan

4. All of the above

Question 92: Which of the following is the most widely used contract type?

1. Cost plus incentive fee contracts

2. Fixed price incentive fee contracts

3. Cost plus award fee contracts

4. Firm fixed price contracts

Question 93: You are managing a critical project with virtual teams located in eight
countries. At times, team members find it difficult to understand and interpret what others
are communicating via tele-conferencing. From a communication management point of
view, this difficulty in transmitting and understanding messages can also be referred to as:

1. Disturbance

2. Noise

3. Interference

4. Breakdown in encode-decode model

Question 94: In which of the following cases is a contract NOT legally binding?

1. The seller is not able to produce goods as part of the contract.

2. The signatory to the contract leaves the company.

3. The buyer is not able to satisfy financial obligations.

4. The contract violates the law of the land.

Question 95: Your company CEO wants to set up a Project Management Office (PMO) in
the company. You have been assigned the responsibility to define the scope of work for the
PMO. In this context, which of the following is NOT the function of a PMO?

1. Help manage shared resources

2. Bring order and organize communications across projects

3. Provide support functions like training and mentoring

4. Define specific strategic objectives

Question 96: In your project, you actively manage stakeholders’ engagement in order to
meet their needs and expectations. Doing this is very beneficial, however, it may not help
to:

1. Increase the likelihood of stakeholders’ acceptance of the project goals

2. Influence and negotiate expectations of stakeholders to achieve project goals

3. Ensure stakeholders` awareness of all project details

4. Uncover and discuss stakeholder issues and concerns

Question 97: Identify Stakeholders is the process of identifying all people or organizations
impacted by the project and to document:

1. Stakeholder interests, involvement, and impact on project success

2. Stakeholder needs and address issues as they occur

3. Project requirements from stakeholders

4. Stakeholder needs and define a communication approach

Question 98: As a project manager, in approximating costs, you consider the possible
causes of variation of the cost estimates, including risks. For your project, which is in the
initiation phase, your team has suggested a rough order of magnitude estimate. This could
be in the range of:

1. -75% to +90%

2. -25% to +75%

3. -10% to +25%

4. -5% to +10%
Question 99: In your project, your subcontracting requirements of the machining of high-
value equipment are very demanding. Hence, you have determined the technical criteria to
evaluate the sellers. This is an example of:

1. Objective evaluation criteria

2. Source selection criteria

3. Statement of work

4. Work breakdown structure

Question 100: Which of the following statements on quality and grade is incorrect?

1. The project manager and the project management team are responsible for managing the
trade-offs associated with delivering the required levels of both quality and grade.

2. A high grade but low quality product is always a problem to customers.

3. A high quality but low grade product is always a problem to customers.

4. Quality is the degree to which deliverbles meet requirements whereas grade as a design
intent is the category assigned to deliverables.
Question 101: You have completed the process of developing options and actions to
enhance opportunities and to reduce threats to project objectives. What is your NEXT step?

1. Determine which risks may affect the project and document their characteristics.

2. Implement risk response plans.

3. Define how to conduct risk management activities for a project.

4. Assess the priority of identified risks using their probability of occurrence.

Question 102: You are the project manager in a pharmaceutical company and you are
involved in managing stakeholders' engagement to satisfy their needs and addressing any
issues as they are identified. In this context, which of the following is NOT a relevant
output?

1. Project document updates

2. Change requests

3. Project management plan updates

4. Stakeholder Management Plan

Question 103: In your project, you are in the process of defining how to estimate, acquire,
manage, and use team and physical resources. Which of the following would you NOT
define/create at the end of this process?

1. Project staff assignments

2. Resource management plan

3. Team Charter

4. Updates to Risk register

Question 104: You are given the following four projects. Which project will you select?

1. Project A with an opportunity cost of $100,000

2. Project B with a benefit-cost ratio of 0.75

3. Project C with an IRR of -2%

4. Project D with NPV of $100,000

Question 105: In your project, you are in the process of creating an activity list. This
should contain which of the following:

A. Activities not to be performed as part of the project

B. Activities that are to be performed as part of the project

C. Activity identifier and scope of work description for each schedule activity in sufficient
detail

D. Activities that are required for the project

1. B, C and D

2. C, D and A

3. D, A and B

4. A, B and C
Question 106: What contains a predetermined list of risk categories that might give rise to
individual project risks and that could also act as sources of overall project risk?

1. Risk strategies

2. Risk prompt list

3. Risk register

4. Risk report
Question 107: In your project, you wish to manage procurement relationships, monitor
contract performance, and make changes and corrections as needed. Which of the following
would you not use?

1. Agreements

2. Work performance data

3. Procurement documentation

4. Project schedule
Question 108: The activity list should include descriptions of activities. This is required to:

1. Provide a common understanding of the project scope among the project stakeholders

2. Ensure that the team members understand what work is to be completed

3. Serve as a reminder to the project manager

4. Help in creation of technical documentation during the project life cycle

Question 109: You are determining whether the project activities comply with
organizational and project policies. This will be done as part of:

1. Inspection

2. Audits

3. Quality improvement

4. Trend analysis
Question 110: You are the project manager of a manufacturing firm that produces
machine parts required in automobiles. During a review, you discover some design
requirements are not taken into account. You should:

1. Instruct your team to incorporate the requirements and do an analysis to figure out the
potential impact.
2. Inform your project sponsor that the project may be delayed because of the missed
requirements.
3. Go ahead with production because incorporating the requirements may delay the
schedule.

4. Escalate this issue to your senior management.

Question 111: There are two projects:

Investment in project A is $1,000,000 and its NPV is $100,000

Investment in project B is $1,200,000, its net cash inflows are $2,000,000, and net cash
outflows are $1,900,000

Which project should be selected if net present value (NPV) criterion is used for selection?

1. Project A

2. Project B

3. The information in the question is inadequate

4. Either project A or project B

Question 112: In a kick-off meeting for your project, you provided information to your
team members about the different process groups to be followed in the project. According
to PMI, which are the project management process groups?

1. Conceptualizing, Initiating, Executing, Monitoring and Controlling, and Closing

2. Initiating, Planning, Executing, Monitoring and Controlling, and Closing

3. Initiating, Verifying, Executing, Monitoring and Controlling, and Closing

4. Initiating, Planning, Executing, Controlling, and Administrative Closure

Question 113: Stakeholders, including consultants, customers, sponsors, and professional
and technical associations, are some of the sources of:

1. Enterprise environmental factors

2. Organizational process assets

3. Expert judgment

4. Risk monitoring and control

Question 114: The project scope statement consists of the product scope description and
project deliverables. It also includes the:

1. Scope Baseline

2. WBS

3. Acceptance criteria

4. WBS dictionary
Question 115: In your project, a team member suggested the addition of a functionality,
which she thinks, will improve customer satisfaction. Your approach would be to:

1. Allow for the functionality, because satisfying the customer is your objective.

2. Disallow the new requirement, because it changes the project scope, and the customer
did not explicitly state this requirement.

3. Make changes to the project plan to accommodate the new requirement

4. Ask the customer for additional funding to implement the requirement

Question 116: As a project manager, you are estimating the costs required to complete the
project activities. In this context, which of the following tools or techniques cannot be used?

1. Analogous estimating

2. Three points estimating

3. Historical relationships

4. Cost of quality
Question 117: Since the buyer could not meet the requirements of the contract, you (the
seller) want to terminate the contract early. This is done in which of the following
processes?

1. Plan Procurement Management

2. Control Procurements

3. Close Project or Phase

4. Conduct Procurements
Question 118: Which of the following processes can be used to determine the monetary
resources required for the project?

1. Estimate Costs

2. Determine Budget

3. Control Costs

4. Plan Costs
Question 119: The director of information systems at your company is in the process of
creating a project charter to formally authorize a new project. In this context, what should
be done FIRST?

1. Develop Project Management Plan

2. Identify a project manager for the project

3. Acquire Team
4. Integrate the work of the project with the ongoing operations of the performing
organization
Question 120: You are a project manager overseeing a canal development project. The
table given below shows the time estimates for the different tasks involved. Please refer to
it and answer the question that follows.

What is the impact on the project if task 1→ 2 takes 2 months more than what was earlier
planned?

1. The project duration will increase by 1 month

2. The project risk will increase

3. The project duration will increase by 2 months

4. The project float will increase by 2 months

Question 121: You are the project manager of a pharmaceutical company responsible for
releasing a new drug in the market. During one of the phase closures, you have updated
project management plan; risk registers and other registers; project calendars; change
management documentation; etc. These documents are referred to as:

1. Operational documents

2. Project documents

3. Phase closure documents

4. Lessons learned repository

Question 122: You are the project manager for XYZ company. The Quality Control team
recently identified a large number of defects in the project deliverables which the team had
to repair. You have been working for a few weeks with the Quality Assurance team to
adjust some quality procedures and address some training issues for your project which
the team believes is the reason for the defects. The project is now behind schedule due to
the problems encountered. The CPI is currently 1.12 and the SPI 0.82. While discussing the
quality issues in a status meeting, a key stakeholder comments that she is alarmed at the
potential cost impact of one particular risk and is wondering why it is of little concern to
the project team. You are confident that her concern for that particular cost risk is
unwarranted at the moment; in fact, you believe there is another risk that is of bigger
concern. The following table displays the current risks for your project. Considering that
schedule is a concern right now, which risk are you going to tell the stakeholder and other
meeting participants is the greatest and is therefore the biggest concern of the team right
now?

Risk Probability Cost Impact Schedule Impact

A 0.4 2 8
B 0.4 6 3
C 0.3 2 3
D 0.2 4 9

1. A

2. B

3. A & B

4. D
Question 123: Which of the following estimates is not used when implementing three-
point estimating?

1. Pessimistic

2. Optimistic

3. Most likely

4. Mean
Question 124: You are in the build phase of a Build-Operate-Transfer (BOT) project, which
has run into several unanticipated problems. Several risks have surfaced which you had not
anticipated earlier. The project is over-budget and significantly behind schedule. What
should you do?

1. Create updates to risk response plan

2. Create a revised project plan

3. Perform risk audits

4. Perform updated risk identification and analysis

Question 125: As a project manager, you are in the process of creating a list of all the
project team members, their roles, and communication information. This information
should reside in:

1. Project plan

2. Project team directory

3. Performance reports

4. Responsibility assignment matrix

Question 126: What are Tuckman’s stages of group development in their respective order?

1. Forming, Norming, Storming, Performing, Adjourning

2. Forming, Storming, Smoothing, Performing, Adjourning

3. Forming, Storming, Norming, Performing, Adjourning

4. Forming, Norming, Storming, Performing, Closing

Question 127: After completing the Define Scope process, management has asked you to
coordinate the activities related to work breakdown structures (WBS) in your project.
When using decomposition as a tool, what should you do FIRST?

1. Identify the deliverables and related work.

2. Determine the constituent components of the WBS.

3. Assign responsibility for each task in the WBS.

4. Create the cost and time estimates for each activity in the project.
Question 128: Which of the following tools and techniques would you NOT use in your
project during the Plan Risk Responses process?

1. Strategies for negative risks or threats

2. Contingent response strategies

3. Expert judgment

4. Simulation
Question 129: In your company, the project manager shares responsibility with the
functional manager to assign priorities and directs the team members of the project. In this
case, it is NOT the responsibility of the project manager to:

1. Plan resources

2. Manage cost and budget

3. Carry out performance appraisal of project team

4. Define tasks
Question 130: Two project team members disagree often on the best way to handle an
issue. You ask them to look at the positives and negatives of their approaches and submit
their recommendations, which could be a "middle path". Which of the following conflict
resolution techniques have you used?

1. Smoothing

2. Compromising

3. Confrontation

4. Withdrawal
Question 131: The following are all tools and techniques for the Plan Schedule
Management process:

1. Expert judgment, Alternatives Analysis, Meetings

2. Expert judgment, Leads and Lags, Meetings

3. Expert judgment, Schedule network analysis, Rolling wave planning

4. Analytical techniques, Meetings, Project management software

Question 132: In your project, probabilities are estimated and the alternatives are
expected to be as follows:

25% probability for $ 25,000 profit

50% probability for $ 40,000 profit

25% probability for $ 100,000 profit

What is the expected profit in your project?

1. $ 40,000

2. $ 50,000

3. $ 51,250

4. $ 53,750
Question 133: You are a project manager for a $50 million project that is highly complex
and involves more than 100 people. To successfully execute the project, you decide to
break it down into smaller manageable units. Which of the following processes will you
use?

1. Control Scope

2. Collect Requirements

3. Define Scope

4. Create WBS
Question 134: Your company is constructing a dam, and your project (being performed
under an agreement) mandates that you pay compensation to persons displaced because of
the project. What kind of constraint is this?

1. Social

2. Legal

3. Environmental

4. Humanitarian
Question 135: You are the project manager of a software company. You need ideas for
project and product requirements. Which of the following techniques will you use?

1. Flowcharting

2. Idea/Mind Mapping

3. Nominal Group Technique

4. Brainstorming
Question 136: The processes used in Project Stakeholder Management are:

1. Identify Stakeholders, Plan Stakeholder Management, Manage Stakeholder Expectations,

and Control Stakeholder Expectations

2. Identify Stakeholders, Plan Stakeholder Communications, Manage Stakeholder

Engagement, and Control Stakeholder Engagement
3. Identify Stakeholders, Plan Stakeholder Engagement, Manage Stakeholder Engagement,
and Monitor Stakeholder Engagement
4. Identify Stakeholders, Stakeholder Management Plan, Manage Stakeholder Engagement,
and Control Stakeholder Engagement
Question 137: You have managed to identify the five main tasks in your project. You
represent the dependency and duration in the table given below:

What is the total float available for task 5?

1. 0

2. 1

3. 2

4. -1
Question 138: Which document provides high-level cost information that is useful when
planning for project cost management?

1. Cost management plan

2. Project charter

3. Cost baseline

4. Requirements documentation
Question 139: You are the project manager of a project, which has the objective of
producing bearings with a margin of error of .002 mm according to Six Sigma specifications
used in your company. You have been asked to create documents that can help you apply
technical and administrative direction to audit the bearings and ensure that they conform
to requirements. You should use:

1. Product scope description

2. Project management information system

3. Statement of work

4. Project management plan

Question 140: You are the project manager in an automobile manufacturing company.
Machine parts required in your manufacturing process supplied by a vendor did not reach
in time because of heavy rains. You had anticipated this risk and planned for it in your risk
response plan. So, as per your risk response plan, you started using unutilized machine
parts supplied one year ago. However, this has subjected your project to a new risk - the
machine parts which were not used for one year suffer from higher level of defects.

This new risk can also be called:

1. Unidentifiable risks

2. Unmanageable risks

3. Secondary risks

4. Residual risks
Question 141: You are considering whether to buy or lease a machine for your heavy
engineering plant. Your finance department has provided you the following data:

The cost of buying the machine (`If you buy`) is $29,000 and the one-time cost of
procurement and integration is $1000.

The cost of leasing the machine (`If you lease`) involves $10,000 as down payment and
$5,000 per month as license fee.
What is the breakeven duration after which the buying of the machine is preferable to
leasing it?

1. 3 months

2. 4 months

3. 5 months

4. Cannot be determined from the available data

Question 142: You are the project manager of a complicated construction project, which
involves building highways in the state of North Carolina. You have several groups working
with you in the project. To plan resources for this project and determine connection
between activities you should preferably use:

1. Staffing pool description

2. Staffing management plan

3. Responsibility assignment matrix

4. Organization matrix
Question 143: Maximum intensity of conflicts occur over:

1. Priorities

2. Schedules

3. Personality

4. Cost
Question 144: You recently took over the management of a construction project. The
project is in the executing phase and the previous project manager has left the
organization. You realize the project is seriously behind schedule and over budget. After
talking with the project team, and discussions with the project management team
regarding the issues, you still have not been able to discern the reason for the schedule
variances.

The team is working well, and from what you can see, should be on schedule and within
budget. As you begin to review the progress that has been made so far, and compare that to
the schedule, you see that certain tasks have taken significantly longer and incurred more
costs than originally estimated. The site preparation work was estimated to take one
month, but actually took two months and cost 30% more than anticipated. Pouring the
foundation was scheduled to take two weeks, but actually took three weeks and again cost
more than planned. Paving the parking area also took longer than expected. Your analysis
also indicates that the period during which these activities were being carried out had
much more rain than normal.
Based on this information, what would be the MOST LIKELY reason for the variances in the
project schedule and budget?

1. The scope was not well defined

2. The project manager was not ensuring that scope verification was being done

3. Assumptions used in the planning processes were not valid

4. Integrated Change Control was not being performed

Question 145: The Plan Risk Responses process helps the project manager to develop
options and actions to enhance opportunities and to reduce threats to project objectives.
The output from the Plan Risk Responses process is to update the risk register. Which of
the following is not one of the updates you will make?

1. Agreed upon response strategies

2. Risk probability and impact matrix

3. Specific actions to implement the chosen response strategy

4. Budget and schedule activities required to implement the chosen response

Question 146: When does the project manager review prior phase documentation and
customer acceptance documentation from the Validate Scope process?

1. Close Project or Phase

2. Control Scope

3. Control Quality

4. Manage Quality
Question 147: A project manager has constructed the foundation for a building before
completing all of the architectural drawings. This can be an example of ________________.

1. Fast tracking

2. Crashing

3. Prototyping

4. None of the above

Question 148: Which of the following statements related to Life Cycle Costs is incorrect?

1. Life cycle costs include direct and indirect costs.

2. Life cycle costs include periodic or continuing costs of operation and maintenance.
3. In the selection criteria for two projects, even if one project has a lower NPV, it may be
selected if it has a lower life cycle cost.

4. Life cycle costs are the responsibility of a project.

Question 149: You are doing a quality audit for your project to identify all the
gaps/shortcomings in your project. This is a part of:

1. Plan Quality

2. Manage Quality

3. Determine Budget

4. Control Quality
Question 150: You are in the process of performing Develop Schedule process to
determine planned start and finish dates for project activities. Which of the following
inputs will be helpful in this process?

1. Activity attributes, project scope statement, and activity list

2. Activity list, activity attributes, and schedule data

3. Project calendar, requested changes, and schedule data

4. Work performance information, schedule baseline, and performance reports

Question 151: A company is considering three projects:

Project A has an NPV of $500,000

Project B has an NPV of $300,000

Project C has an NPV of $200,000

What is the opportunity cost if project A is selected?

1. $500,000

2. $200,000

3. $300,000
4. $0
Question 152: As a project manager, you have developed the Schedule Management Plan.
You are now in the process of identifying and documenting the relationships among the
project activities. You want to ensure that every activity and milestone except the first and
last are connected to at least one predecessor and one successor. Which of the following
tools can you use for this purpose?

1. Published estimating data

2. Parametric estimating

3. Precedence diagramming method

4. Performance reviews
Question 153: Which document provides high-level schedule information that is useful
when planning for project schedule management?

1. Schedule management plan

2. Activity list

3. Project charter

4. Schedule baseline
Question 154: According to the 80/20 rule, 80 percent of the problems are because of 20
percent of the causes. To identify the most probable defects and to evaluate
nonconformities, you do a rank ordering of the defects using:

1. Statistical sampling

2. Control chart

3. Pareto diagrams

4. Inspection
Question 155: You had conducted an independent estimate to find out the cost of sub-
contracting the manufacturing of 1,000,000 ball-bearings for your automobile company.
You estimated the cost to be $500 per bearing. However, when you asked for bids and
proposals from prospective sellers, the minimum price quoted was $750 per bearing.
Which of the following can be a reason for the variance in the estimate?

A. The procurement statement of work was not clear.

B. The prospective sellers misunderstood the procurement statement of work.

C. The procurement statement of work was not sufficient.

D. There have not been major changes in the cost of material and labor since last year.

1. B, C and D

2. Only B and C

3. All of the Above

4. A, B and C
Question 156: You are the project manager in a company where you have maximum
authority. To which organizational structure does your company belong?

1. Functional

2. Weak Matrix

3. Strong Matrix

4. Project-oriented
Question 157: When you encounter constraints as a project manager, in which document
will you record the information about these constraints?

1. Project scope statement

2. Risk register

3. Issue log

4. Change management plan

Question 158: Which of the following types of costs is not incurred toward ensuring
compliance to requirements?

1. Prevention costs

2. Appraisal costs

3. Quality planning costs

4. Warranty costs
Question 159: You are a project manager overseeing the construction of a Baseball
Stadium. The activity of laying the Grass Sod has an optimistic estimate of 10 days,
pessimistic estimate of 16 days, and most likely estimate of 13 days. What is the expected
duration for task completion?

1. 10 days

2. 13 days

3. 12 days

4. 11 days
Question 160: You, as the project manager, are planning to document relevant information
on interests, involvement, influence, and impact of project stakeholders. Which of the
following processes should you follow?

1. Stakeholder Analysis

2. Plan Communications Management

3. Manage Stakeholder Engagement

4. Identify Stakeholders
Question 161: You have been given a high priority task that needs to be completed within
a short time frame. Since you know what has to be done, you assign tasks to different team
members and tell them when and how the tasks should be completed. The management
style that you are following is:

1. Directing

2. Laissez Faire

3. Delegating

4. Task-oriented
Question 162: Your company has decided to outsource one of its IT product developments
to ABC IT Services through a contract. You clarify the structure and requirements of the
contract so that mutual agreement can be reached prior to signing the contract. Which of
the following statements on procurement negotiations are correct?
A. You have to discuss technical and business management approaches, proprietary rights,
overall schedule, payments, and price.
B. At the end of the procurement negotiations, you will have a contract document executed
by both buyer and seller.

C. The project manager is the lead negotiator on the procurements.

D. Final contract language will reflect all agreements reached.

1. B, C and D

2. Only B and D

3. A, B and D

4. All of the Above

Question 163: You are a project manager. You have received a request from the
stakeholders to provide more features to the product. Which tools and techniques do you
use to process the request through "Perform Integrated Change Control" process?

1. Expert judgment and risk identification

2. Change control tools and project document updates

3. Expert judgment, meetings, and change control tools

4. Expert judgment, meetings, and stakeholder analysis

Question 164: Which of the following identifies working days and shifts that are available
for scheduled activities?

1. Activity lists

2. Project calendars

3. Schedule compression charts

4. None of the above.

Question 165: You have been managing a project to construct an overpass on Interstate
10. You have divided the project into phases to provide better management control. Which
of the following is a characteristic of a project phase?

1. Formal phase completion necessarily includes authorization for the subsequent phase.
2. The closure of a phase is required to be approved in some form before it can be
considered closed.

3. A project phase should not be divided into sub-phases even in complex projects, because
it will be difficult to manage.

4. All deliverables in the project phase should correspond to the project management
process.
Question 166: As a project manager, you realize that managing project stakeholder
expectations is an important priority. Which statement on project stakeholders is NOT
correct?

1. Negative stakeholders must be ignored if the project has to be successfully completed.

2. Stakeholders have varying levels of responsibility and authority when participating on a
project and these can change over the course of the project life cycle.

3. Some key stakeholders include project manager, operations management, project team,
customers, and sponsor.

4. Stakeholder expectations may be difficult to manage, because stakeholders often have

very different or conflicting objectives.
Question 167: You are half way through a 12-month contract on a high-priority project for
your company. The team has been progressing well during execution of the project work.
Some of the deliverables have already been approved by the buyer and they seem to be
happy with the progress so far. Cumulative CPI and SPI are 1.09 and .98, respectively. Your
sponsor comes by your office and you are shocked to hear from her that the buyer has
decided to terminate the contract per the terminations clause and move the work to
another seller. The buyer asks you to work for the new seller. Your next step is to:

1. Accept the new position and bring the project documents with you

2. Execute contract closing procedures

3. Transfer the effort to the new seller

4. Close the contract and contact the new seller to see if the buyer has already spoken to
them about you coming on board
Question 168: In a project life cycle, the least number of conflicts occur over:

1. Priorities

2. Schedules

3. Personality

4. Costs
Question 169: Your sponsor has asked you to use payback period as a selection criterion
to select amongst 5 competing projects. In this context, which of the following statements
related to payback period is incorrect?

1. Payback period is the number of years required to get back the initial investment in the
project.
2. Payback period takes the discount rate into account to determine the best possible
option.
3. Payback period is a project selection criterion widely used in conjunction with NPV and
IRR to determine the most suitable project.

4. The initial investment in the project will not impact the selection criteria when payback
period is used for project selection.
Question 170: In the Develop Schedule process, you create a distribution of probable
durations for each activity and use it to calculate the distribution of probable results for the
total project. The technique that you are using is:

1. Parametric estimating

2. Mathematical analysis

3. Simulation

4. Resource leveling
Question 171: You have fifteen members in your project team. You have called for a
project status meeting without prior notice. There have been too many sidebar
conversations and arguments. As a result, you have achieved nothing substantial from the
meeting. To achieve orderliness in the meeting next time, you should:

1. Decrease the number of people in the meeting

2. Publish a meeting agenda

3. Ensure that you control the channels of communication

4. Give incentives to team members for conforming to desired meeting norms

Question 172: A contract where the buyer reimburses the seller the costs incurred by her
and also provides a fixed amount of profit is called a:

1. Cost plus incentive fee contract

2. Cost plus fixed fee contract

3. Time and material contract

4. Cost plus award fee contract

Question 173: As the project manager, you are currently involved in monitoring
stakeholder relationships and adjusting plans for their engagement. Which process are you
currently working in?

1. Identify Stakeholders

2. Monitor Stakeholder Engagement

3. Manage Stakeholder Engagement

4. Plan Stakeholder Engagement

Question 174: You are one of the ten full-time project managers in your organization. All
of you share two administrative resources. Normally, around 30 - 40 projects are executed
per year involving about 30% of the employees of the organization. However, all of them do
not report to you, although you are their project manager. Your organization can best be
classified as:

1. Projectized

2. Balanced Matrix

3. Strong Matrix

4. Weak Matrix
Question 175: In your project, you have created a list of identified risks and responses for
each risk. You should document this information in the:

1. Risk management plan

2. Risk database

3. Project plan

4. Risk register
Question 176: Your company is planning to launch a set of new products in a new market.
You are responsible for all the projects related to this initiative. In this context, your role is
that of a:

1. Program manager

2. Project manager

3. Functional manager

4. Operations manager
Question 177: You are a project manager in a large software development organization. It
is a primary objective in your company to deliver quality products, with a low rate of errors
and a high product acceptance rate by your customers. The company has made significant
investments in a robust system to support these corporate objectives and goals. When
developing contracts for software development projects, it is standard that the customer is
required to follow rigorously defined processes for user acceptance testing which must be
conducted each time a module is completed. The customer is also required to notify the
project manager, in writing, that the software module was tested and whether it was
acceptable or not. This user acceptance testing, and the resulting notification is part of
which process?

1. Control Scope

2. Collect Requirements

3. Validate Scope

4. Perform Quality Assurance

Question 178: In your project, you have identified important risks and planned
appropriate responses to the risks. Some risks, such as the possibility of natural disasters
impacting the project, have been documented and accepted in the risk register. What are
the remaining risks called?

1. Unidentifiable Risks

2. Residual Risks

3. Secondary Risks

4. Accepted Risks
Question 179: In your new project, you have to provide a critical deliverable within five
months and do not have time to go through the Conduct Procurements process. You decide
to sign a contract with a supplier with whom your company has done some work in the
past. The risk you are accepting in this situation is:

1. The ability of the supplier to deliver the goods

2. Collusion between the supplier and your team

3. Lack of proper scope definition

4. Lack of a legally binding agreement

Question 180: You are preparing the communications management plan for your project
by using communication requirements analysis. Which of the following statements about
communication requirements analysis is inaccurate?

1. Requirements are defined by combining the type and format of information needed with
an analysis of the cost of that information.
2. Project resources are expended on communicating information that contributes to
success.
3. Project resources are expended on communicating information where lack of
communication can lead to failure.

4. The intention is to prevent overloading stakeholders with minor details.

Question 181: Early termination of a contract is a special case of contract closure. This can
happen because of:

1. Default of the buyer

2. Default of the seller

3. Mutual agreement of the parties

4. Any of the above reasons

Question 182: Which of the following statements on quality planning is inaccurate?

1. Quality planning is performed in parallel with the other project planning processes.

2. During quality planning, you should be aware of governmental regulations, rules,

standards, and guidelines specific to the application area.

3. You can use DOE to help identify which factors may influence specific variables of a
product or process under development.
4. During quality planning, you can use change requests to take corrective or preventive
action or to perform defect repair.
Question 183: Matrix organizations exhibit features of both projectized and functional
organizations. In a weak matrix organization, the role of a project manager may be that of
a:

1. Coordinator

2. Manager with considerable authority

3. Support person

4. Functional manager
Question 184: You are the project manager responsible for developing a software
application based on customer requirements. Which technique do you use in order to
consider the customer`s change request?

1. Interpersonal and team skills

2. Project selection methods

3. Expert judgment

4. PMIS
Question 185: You are managing a project to develop an emergency brake to an upcoming
new model of RV. In your project, you have to complete building a prototype before testing
can begin. This is an example of:

1. Mandatory dependency

2. Discretionary dependency

3. External dependency

4. Preferred logic
Question 186: You are working for a semi-conductor company. There have been several
instances in the past week when a few circuits have not been giving accurate results. You
have been assigned the task of determining the probable cause for the variations. Which of
the following tools or techniques is best suited for this purpose?

1. Control Chart

2. Ishikawa Diagrams

3. Pareto Diagrams

4. Inspection
Question 187: In your project, you have reasons to believe that the current variances
occurred because of extraneous factors, and you do not expect similar variances to occur in
future. What should be the estimate at completion (EAC) for your project? BAC = $300,000;
AC = $100,000; EV = $150,000; CPI = 1.5

1. $250,000

2. $220,000

3. $280,000

4. $200,000
Question 188: You are in the execution stage of your project. Due to the strategic
importance of your project for the organization, the CEO of the company wants to be kept
in the loop and wants all project communications to be copied to her too. Where will you
add this information?

1. Project reports

2. Change logs

3. Communication management plan

4. Issue log
Question 189: In your project, you use product analysis to translate high-level product
descriptions into tangible deliverables and requirements. Which of the following
techniques is not used in product analysis?

1. Value engineering

2. Value analysis

3. Product breakdown

4. Alternatives identification
Question 190: Quality management complements project management, as both recognize
the importance of:

1. Exceeding customer expectations using additional features

2. Providing customer satisfaction

3. Decreasing total scope of ownership of the project

4. Decreasing risks associated with outsourcing

Question 191: In your project, you have established tools to ensure that appropriate
information is available to project stakeholders in a timely manner. In this context, if there
is a conversation taking place using a sender-receiver model, which of the following
statements is NOT correct?

1. The sender is responsible for making the information clear, unambiguous, and complete.

2. The receiver confirms that the information is properly understood.

3. The receiver is responsible for ensuring that the information is entirely received and
understood.

4. The receiver should agree with the sender about the message being communicated
Question 192: You are completing a NASA project for the launch of a weather forecasting
satellite. The satellite is being tested for a specific quality metric: Performance under
Strong Winds. Quality metrics is an output of which of the following processes?

1. Plan Quality Management

2. Control Quality

3. Manage Quality

4. None of the above

Question 193: You are in the process of identifying the relevant stakeholders in the
project. In this context, which of the following is/are relevant output(s) of this process?

1. Stakeholder register and Stakeholder Management Plan

2. Stakeholder Management Strategy

3. Organizational process assets updates

4. Stakeholder register
Question 194: You are performing a make-or-buy analysis. In which of the following cases
would you not prefer making the product/service in-house?

1. The item under consideration is a capital item which can be used for other projects in the
same organization (in other words, there is an ongoing need for the item).
2. Your organization is going through a slack period, and some resources, who can produce
the product in-house, are underutilized.

3. The item under consideration is a proprietary or business critical product which is a part
of the core business for the company.

4. The item under consideration is not part of your core business, but your company has
the skills for developing the product in-house, if required.
Question 195: You have eight people in your project, and one more person will be joining
next week. Once the new person joins, the number of communication channels will
increase by:

1. 0

2. 8

3. 12

4. 20
Question 196: In your project, you are aggregating the estimated costs of individual
activities to establish an authorized cost baseline. For this purpose, which of the following
will NOT be used as an input?

1. Resource calendars

2. Scope baseline

3. Cost baseline

4. Basis of estimates
Question 197: In your project, you are in the process of leading and performing the work
defined in the project management plan and implementing approved changes to achieve
the project`s objectives. This is done during:

1. Direct and Manage Project Work

2. Develop Project Management Plan

3. Monitor and Control Project Work

4. Create Deliverables
Question 198: Your quality process did not meet the four sigma requirements desired by
your customer. So, some of your products were rejected and there is a possibility that you
would not receive repeat business from the customer. From a quality perspective, the costs
associated with the rejected products can also be categorized as:

1. Cost of conformance

2. Customer retention costs

3. Failure costs

4. Performance costs
Question 199: In your project, you are creating a diagram that describes the decision
under consideration and implications of choosing one or another of the available
alternatives. This will help to:

1. Get a qualitative analysis of the risk

2. Determine which risks may have the most impact on the project

3. Translate the uncertainties at a detailed level into potential impact on objectives

expressed at the level of the total project

4. Determine which decision yields the greatest expected value

Question 200: The project team has added some functionalities to the product that are not
required as part of the project. However, the customer is satisfied with the product. From a
quality perspective, the action of the team is:

1. Justified because customer expectations are exceeded.

2. Not acceptable, because it constitutes gold plating, which is not a good practice.

3. Desirable as this means repeat business from the customer.

4. Not ethical as the customer indicated project deliverable is not produced.