Professional Documents
Culture Documents
Mock 2 (1)
Mock 2 (1)
The project charter has been approved and the core team
members have begun identifying project stakeholders. What
kind of information about stakeholders does stakeholder
analysis identify and relate to the purpose of the project?
a) Gather a project team from relevant departments and execute the project
b) Procure the needed resources first to achieve the benefits of the project
c) Translate the information provided onto a charter and complete the analysis to finalize the
charter once completed, submit it to sponsor for approval, before beginning any project work.
d) Obtain the funds for the project from the sponsor or senior management and hold a kickoff
meeting
QUESTION NO: 6
In completing the Close Project process, you have created a final project report, transferred
the final product to the ownership of the customer, and dismissed your project team. You
believe that you can now formally close the project. What activity have you forgotten to
complete?
d) Complete and archive the lessons learned register and all other project documents
QUESTION NO: 7
A conflict between a member of the contractor's team and a member of the project team
cannot be resolved. The matter is escalated to the project manager. What should the project
manager do first?
b) Update the risk register and discuss it at the next project status meeting.
b) Project manager
c) Project sponsor
b) Risk register
b) Risk register.
c) Risk report.
d) Issue log
QUESTION NO: 12
In your IT project, when work is accomplished according to contract terms, you verify and
send invoices for external payment to the PMO financial department. You have recently
received a request from a contractor that the invoice issued three months ago has not been
paid yet. Which process involves monitoring payments to the seller?
a) Monitor Procurements.
b) Conduct Procurements.
d) Control Procurements.
QUESTION NO: 13
The project team has found a significant decrease in the production rate of your project. You
would like to break down the issue to identify the root cause of the problem. What tool or
technique would be the most suitable?
a) Ishikawa Diagram.
c) Design for X.
d) Control Charts.
QUESTION NO: 14
With a project nearly complete, the project manager has already performed
procurement closure, shared the final project report, updated the lessons learned
repository, and obtained feedback from the relevant stakeholders. What should the
project manager do next?
b) Send a summary of how the final product achieved the business needs
d) Send formal written notice to the vendors that the contracts have been completed
QUESTION NO: 15
In your Construction project, you have just completed a quality assessment of
expected risks and then you move on to evaluate which data about risks is useful for
risk management. What is your next step?
a) Perform a structured review of project plans and assumptions, both at the total project and
detailed scope levels.
b) Develop checklists to identify risks based on historical information and knowledge that has
been accumulated from previous similar projects.
d) Conduct interviews to quantify the probability and impact of risks on project activities.
QUESTION NO: 16
Project kick-off meeting has been completed and team members started to meet each
other and learn about the project. Based on Tuckman ladder model, your team is
in which stage?
a) Forming.
b) Norming.
c) Storming.
d) Meeting.
QUESTION NO: 17
In your project, cost variance is-$25.000, and Earned Value is $75.000. What is your
cost performance index (CPI)?
a) 1.5
b) 1.33
c) 0.25
d) 0.75
QUESTION NO: 18
During a multifunctional project's planning phase, the project manager discovers
that insufficient resources are available to produce a software package. The project
manager outsources the production of this software package by signing a service
level agreement (SLA) with a third-party company. What risk response strategy did
the project manager use?
a) Mitigate
b) Transfer
c) Avoid
d) Accept
QUESTION NO: 19
A project's workload is high and resources are overloaded. When management
decides to outsource some services to keep the project on schedule, what document
should the project manager revise?
a) Prevention Costs.
c) Appraisal Costs.
b) Planning.
c) Executing.
a) Purchase order.
b) Request for proposal.
c) Purchase agreement.
d) Letter of agreement.
QUESTION NO: 29
You are the manager of the design/build of a large manufacturing facility. With your
customer, you have signed a Fixed Price Incentive Fee Contract. You recognize that
in this type of contract the risk is shared between the buyer and the seller. The time
at which your organization picks up all of the financial risk is called the:
a) Contract award.
b) Contract breach.
c) Contract termination.
d) Point of total assumption.
QUESTION NO: 30
Heavy rains hit your community. Roads are flooded and your project is to manage
the re-construction of a main highway. Due to time constraints, you need a tool that
will help you focus on the most critical issues related to quality. Most likely you will
use a:
a) Review Meeting
b) Daily Standup Meeting
c) Retrospective Meeting
d) Deliverables Meeting
QUESTION NO: 32
Your upcoming project will be the organization's first use of agile, and the sponsor
asks you about tailoring the new methodology. How do you respond?
a) Team Evaluation
b) Prototyping
c) Individual Evaluation
d) Process Tailoring
QUESTION NO: 35
Traditional Project Management uses a Work Breakdown structure to develop
requirements in terms of activities. What type of breakdown structure is used in
Agile to for this purpose?
a) Reserve.
b) Management Reserve.
c) Contingency Reserve.
d) Contingent Response Strategy.
QUESTION NO: 38
The construction of a new soccer stadium with you as project manager has a quality
defect in some deliveries of floor tiles. It is required that you evaluate how that
would affect the tiling works among others. Which type of graph is the most
suitable to show the relationship between these two variables?
a) Flowchart.
b) Scatter diagrams.
c) Affinity diagram.
d) Matrix
QUESTION NO: 39
A project is six months into its nine-month projected duration, and the project
manager is reporting that the project is at least three months behind schedule
because certain key stakeholders were resistant to any changes that might occur as
outcomes of the project. What might have been done differently during project
planning to avoid this situation?
a) Hold the bidder conference again, and explain the importance of the point that was
initially missed
b) Select from the three vendors that submitted complete proposals
c) Send a revised RFQ to all prospective suppliers and allow them the opportunity to
resubmit their proposals
d) Extend the deadline and allow all of the vendors to resubmit their proposals
QUESTION NO: 42
You are the project manager for construction of 10 Floor building. As execution is
underway, your project is being plagued with many deviations from scope, schedule
and cost baselines. What process might have prevented these deviations?
a) Risk Identification
b) Implementation of Risk Responses
c) Monitor & Control Project Work
d) Project Cost Management
QUESTION NO: 43
A scrum master for latest software development project conveys that iterations will
be 3 weeks long. As a new team member in the project, you ask what meeting will
be held?
a) Fixed Price
b) Cost Reimbursable
c) Time & Material
d) Contracts
QUESTION NO: 48
You, as manager in an agile project, lack of guidelines to develop and set the
direction on the next functionality to be develop your project .Who is the agent
responsible of that in agile projects?
a) Project Coordinator
b) Product Owner
c) Project Manager
d) Functional Manager
QUESTION NO: 49
One of the new stakeholder enquires which process of project management he
should refer to see the current status of project?
a) Kanban Boards.
b) Histograms.
c) Flow Chart.
d) Pie Chart.
QUESTION NO: 52
Roxy, a project sponsor in an IT development project, would like to have great
results in his project such as fast delivery of features with remarkable quality
standards. What type of leadership style would you recommend him in agile
approach?
a) Servant Leader.
b) Autocratic.
c) Laissez Faire.
d) Bureaucratic.
QUESTION NO: 53
As project manager, you decided to have multitask team members instead of a
dedicated team. Which of the following statements is true?
a) Iteration.
b) Rebasing.
c) Typing.
d) Retrospective.
QUESTION NO: 59
Which of the following statements is NOT true related to agile teams?
a) The team limits its estimation to the next few weeks at most.
b) After the team completes work in iteration or flow, the team can replan.
c) Agile create the ability to do more work.
d) Agile is based on working products of demonstrable value to customers.
QUESTION NO: 60
Accepted Deliverables are from which process?
a) Control Procurements.
b) Closing.
c) Control Scope.
d) Validate Scope.
QUESTION NO: 61
At the end of the project, the lessons learned register are transferred to which OPA?
a) Cost of Nonconformance.
b) Labour Costs.
c) Appraisal Costs.
d) Prevention Costs.
QUESTION NO: 63
A project manager identifies scheduling priority conflicts among local and virtual
team members. The project manager schedules a conference call to manage this
conflict. What conflict resolution technique did the project manager use?
a) Collaborate/problem solve
b) Smooth/accommodate
c) Force/direct
d) Compromise/reconcile
QUESTION NO: 64
What is performance measurement baseline of a project?
a) Pull communication.
b) Push communication.
c) Request-based communication.
d) Interactive communication.
QUESTION NO: 70
A team member volunteered to provide the weekly project status updates to the key
stakeholders. Although the team member was well prepared, the delivery was
lacking, and feedback from the stakeholders suggests that the presentation was not
very engaging. What is the best way for the project manager to address this
situation with the team member?
a) Monitor Risks
b) Manage Quality
c) Control Schedule
d) Develop Schedule
QUESTION NO: 75
As a project manager, you are leading a software development project where the
developers are colocated within rented office space. Writing the code is taking
longer than anticipated, and you have contacted the office facility to ensure the
office will be available for another week. Unfortunately, the office is already booked,
so you need to find another solution. After capturing the problem in the project
documents, what should you do next?
a) Record the issue in the issue log
b) Revise the resource management plan
c) Update the schedule baseline
d) Request additional funds
QUESTION NO: 76
John is managing a water treatment plant construction project. A new government
has recently been sworn in. During the election campaign, the winning candidate
made a number of commitments regarding environmental control reforms. John is
not sure how the new government and its future policies might affect her project.
This is an example of:
a) Variability risk
b) Mitigated risk
c) Ambiguity risk
d) Opportunity risk
QUESTION NO: 77
A project manager is leading a process improvement project for factory operation.
Currently, the project manager and the team are performing the Monitor and
Control Project Work process. Which of the following activities might the project
manager and the team conduct during this process?
a) $59,210
b) $80,000
c) $84,210
d) $109,210
QUESTION NO: 80
You are partway through the project, and your team has delivered a preliminary
version of software. You are holding a weekly meeting, when one of the team
members feels that there is a risk that the stakeholder will ask for a change, even
though that change would be out of scope of the current release—and if the
stakeholder requests that change, there is a high probability that the change control
board would approve the change. What is the BEST action to take next?
a) Mitigate the risk by asking a team member to get familiar with the feature of the
software that might be changed
b) Schedule a meeting with the stakeholder to discuss the risk
c) Add the risk to the risk register and gather information about its probability and
impact
d) Add the risk to the issue log and revisit it when there is more information
QUESTION NO: 81
A project manager is reporting the final status of the closed contract to the
stakeholders. Which form of communication is appropriate?
a) Informal written
b) Informal verbal
c) Formal written
d) Formal verbal
QUESTION NO: 82
You are managing a project with a total budget of $450,000. According to the
schedule, your team should have completed 45% of the work by now. But at the
latest status meeting, the team only reported that 40% of the work has actually been
completed. The team has spent $165,000 so far on the project. How would you BEST
describe this project?
a) Procurement closure involves verification that all work and deliverables are
acceptable, where Close Project or Phase does not
b) Close Project or Phase is only a subset of Close Procurement
c) Procurement closure means verifying that the project is complete or terminated;
Close Project or Phase is the process of tying up all of the activities for every
management process group
d) Procurement closure is performed by the seller; Close Project or Phase is
performed by the buyer
QUESTION NO: 84
You are managing a software project. During a walkthrough of newly implemented
functionality, your team shows you a new feature that they have added to help
make the workflow in the product easier for your client. The client didn’t ask for the
feature, but it does look like it will make the product easier to use. The team
developed it on their own time because they wanted to make the client happy. You
know this change would never have made it through change control. What is this an
example of?
a) Gold plating
b) Scope creep
c) Alternatives Analysis
d) Schedule Variance
QUESTION NO: 85
While identifying risks for a new construction project, you discover that a chemical
you are using on your building cannot be applied in rainy conditions. You also learn
that your project will be ready for the chemical application around the time when
most of the rainfall happens in this part of the country. Since the project can’t be
delayed until after the rainy season and you need to make sure the building gets the
chemical coating, you decide that your team will just have to allow enough time in
the schedule for non worked rain days. This is an example of which strategy?
a) Mitigate
b) Exploit
c) Accept
d) Transfer
QUESTION NO: 86
You are managing a construction project. During your risk identification interviews
you learn that there has been a string of construction site thefts over the past few
months in the area where your will be building your project. The team agrees that
it’s unlikely that people will be able to steal from your site. You decide to monitor
the risk from time to time to be sure that it continues to have a low probability and
impact. Where do you record the risk so that you don’t lose track of it?
a) In a trigger
b) On a watchlist
c) In the Probability and Impact Matrix
d) In the Monte Carlo analysis report
QUESTION NO: 87
Which of the following is NOT a tool or technique of Estimate Costs?
a) Bottom-up
b) Parametric
c) Cost aggregation
d) Analogous
QUESTION NO: 88
You’re managing a construction project to install several hundred air conditioner
panels in a new office building. As the team completes each panel, your team’s
quality control inspector measures it and adds the data point to a control chart. You
examine the control chart, and discover that the process is out of control and you
need to take close look at it immediately. Which of the following BEST describes
what you found on the control chart?
a) At least seven consecutive measurements are either above or below the mean
but within the control limits
b) At least one point is inside of the control limits
c) At least seven consecutive measurements are inside of the control limits
d) At least one point is above or below the mean
QUESTION NO: 89
You are developing the project charter for a new project. Which of the following is
NOT part of the enterprise environmental factors?
a) You work with the quality department to implement a change to the way your
team does their work
b) You document recommended corrective actions and submit them to the change
control board
c) You add the results of the audit to the lessons learned
d) You meet with the manager of the quality assurance department to figure out
the root cause of the problem
QUESTION NO: 91
Your client has terminated your project before it is complete. Which of the following
is true?
a) You must stop all work and release the team immediately
b) You must work with the team to document the lessons learned
c) You must keep the team working on the project to give your senior management
time to talk to the client
d) You must update the project management plan to reflect this change
QUESTION NO: 92
You have just been authorized to manage a new project for your company. Which of
the following BEST describes your first action?
a) Reviewing the contract terms to ensure that they have all been met
b) Identifying successes and failures that should be recognized
c) Documenting lessons learned
d) Using the payment system to process consideration as per the terms of the
contract
QUESTION NO: 98
A project manager is planning the staffing levels that will be needed through the
course of her project. She figures out the number of people that will be needed in
each role over time and displays that information in a chart as part of her staffing
management plan. What is that chart called?
a) Gantt chart
b) RACI matrix
c) Organization chart
d) Resource histogram
QUESTION NO: 99
Which of the following is NOT found in a project charter?
a) The person who monitors the watchlist that contains the risk
b) The person who meets with stakeholders to explain the risk
c) The person who makes a risk happen
d) The person who is responsible for the response plan for the risk
QUESTION NO: 101
Given this portion of the network diagram, what’s the LF of activity F?
a) 10
b) 11
c) 16
d) 17
QUESTION NO: 102
You are managing an accounting project when a new CFO is hired at your company.
He’ll be affected by all accounting projects in your company. What’s the BEST thing
for you to do?
a) Show him the Project Charter so that he knows that you are in charge of the
project
b) Work with him to understand the current requirements and determine if he has
new ones to add to the project
c) Keep working on the project and get his feedback when he can review the
finished product
d) Add him to the communications plan
QUESTION NO: 103
You are conducting a status meeting and monitoring your risk register when you
discover a risk that remains even after you implement all of your response
strategies. What kind of risk is this and what should you do about it?
a) Triggers
b) The watchlist
c) Risk Management Plan
d) Qualitative analysis documents
QUESTION NO: 105
You’re managing a project with a schedule performance index (SPI) of 1.07 and a
cost performance index (CPI) of 0.94. How would you BEST describe this project?
a) 136
b) 105
c) 112
d) 68
QUESTION NO: 107
After a status meeting, one of your team members, John, pulls you aside and tells you that he
was insulted by a comment from another team member. He felt that the comment was racist.
You meet with the team member who made the comment, Suzanne, but she says that the other
team member’s performance has been very poor. She has never made a comment like this before
at the company. You review the records, and see that she is correct—he has consistently
delivered lower-quality work than any other team member. What is the BEST way to handle this
situation?
a) At the next team meeting, reprimand John for his poor performance and
Suzanne for the racist comment
b) Get John additional help for his poor performance
c) Reprimand Suzanne in private for her racist comment, and follow any company
policies for reporting racism among employees
d) Suzanne has never had this problem before, so she should be given another
chance
QUESTION NO: 108
Which of the following helps you identify the root cause of 80% of the defects in your project
using the 80/20 rule?
a) Scatter chart
b) Control chart
c) Cause-and-effect diagram
d) Pareto chart
QUESTION NO: 109
Joe is an excellent programmer. He was promoted to a role of Project Manager because he
understands technology better than anyone else in the company. Unfortunately, he is having
trouble doing the project management job and his projects are failing. What is this an example
of?
a) Gold plating
b) Halo effect
c) Pre-assignment
d) Ground rules
QUESTION NO: 110
Which risk analysis tool is used to model your risks on a computer to show random
probabilities?
a) Transference
b) Mitigation
c) Avoidance
d) Acceptance
QUESTION NO: 113
You are talking to experts and gathering independent estimates for your contract. Which of
the following BEST describes what you are doing?
a) Plan Procurements
b) Conduct Procurements
c) Administer Procurements
d) Close Procurements
QUESTION NO: 114
Mike is a project manager for an IT technology implementation project. He is using
an Ishikawa diagram to figure out what could cause potential risks on his project. Which
process is he doing?
a) Identify Risks
b) Perform Qualitative Risk Analysis
c) Perform Quality Control
d) Plan Risk Responses
QUESTION NO: 115
Which of the following is NOT part of the Close Project or Phase process?
a) Sensitivity training
b) Common courtesy
c) A reward system
d) Ground rules
QUESTION NO: 118
Which is NOT an input to the Create WBS process?
a) Get formal acceptance, release the team, write lessons learned, close the contract
b) Write lessons learned, release the team, get formal acceptance, close the contract
c) Get formal acceptance, write lessons learned, release the team, close the contract
d) Get formal acceptance, close the contract, write lessons learned, release the team
QUESTION NO: 120
You are managing a project with 23 team members and 6 key stakeholders. Two team
members identify a problem. Addressing that problem will require changes to the project
plan and its subsidiary plans. One of the stakeholders previously indicated that any delays
are unacceptable. What should project manager do NEXT?
a) Analyze the impact that the change will have on the work to be done, the
schedule, and the budget
b) Deny the change because any delays are unacceptable
c) Gather consensus among the team that you should make the change before
approaching the stakeholders, so that they can see the team supports making the
change
d) Make the change to the project plan and subsidiary plans, and ask the team to
implement the change
QUESTION NO: 121
Which of the following is a defect?
a) Don’t take any action, just accept that there’s a problem that the team did not
plan for
b) Stop all project activity and approach senior management for advice
c) Add the risk to the risk register and gather information about its probability and
impact
d) Use the management reserve to cover the costs of the problem
QUESTION NO: 126
You are managing a large construction project that’s been broken down into subprojects (or
phases). Each of these subprojects is scheduled to take between three and six months to
complete. At the end of each subproject, you plan to go through the closing processes and
document lessons learned. Which of the following BEST describes what you must do at the
beginning of each subproject or phase?
a) Make sure you don’t involve the team, to avoid introducing too much project
management overhead
b) Identify the stakeholders
c) Use the Earned Value Technique to decide whether or not to finish the project
d) Release all resources from the project and contact sellers to renegotiate all
contracts
QUESTION NO: 127
Which of the following is NOT an output of the Manage Stakeholder Expectations process?
a) Change requests
b) Deliverables
c) Updates to the project management plan
d) Organizational process asset updates
QUESTION NO: 128
During a status meeting, one of the client's employees asks the project manager for a new
product feature. The project manager is unsure who has the authority to approve this request.
To what document should the project manager first refer?
a) In sequence with other planning processes and analyze risks after Plan Quality
Management.
b) In parallel with other planning processes and analyze risks in the meantime.
c) You should focus on analyzing the two risks in the Executing Process Group.
d) You should have focused on analyzing all risks in the Initiating Process Group
QUESTION NO: 130
What is a recommended method for controlling change within a project?
a) Meetings
b) Data analysis
c) Data gathering
d) Expert judgement
QUESTION NO: 134
Which of the following statements correctly define the 100 percent rule for WBS?
a) The project is only considered complete once all requirements defined in the
original scope statements have been completed.
b) The project is only considered complete once all requirements in the last approved
scope baseline have been completed.
c) The final deliverables should fully conform to product requirements; nothing less,
nothing more.
d) The total of the work at the work package level should roll up to the higher levels so
that nothing is left out and no extra work is performed.
QUESTION NO: 135
Your project management plan results in a project schedule that is too long If the project
network diagram cannot change but you have extra personnel resources, what is the BEST
thing to do?
a) Quality Audits
b) Risk Quantification Reports
c) Regression Analysis
d) Monte Carlo Analysis.
QUESTION NO: 137
All of the following about communication models is true EXCEPT:
a) Create WBS
b) Control Quality
c) Control Scope
d) Collect Requirements.
QUESTION NO: 142
Which of the following processes is not a part of the Project Scope Management?
a) Create WBS
b) Control Quality
c) Control Scope
d) Collect Requirements.
QUESTION NO: 143
A process that states how formal validation and acceptance of the completed project
deliverables will be achieved is documented in the?
a) Constraints
b) Exclusions
c) Deliverables
d) Provisions
QUESTION NO: 147
A Work Breakdown Structure dictionary supports the WBS and is a companion document to
the WBS. Which of the following is not included in the WBS dictionary?
a) Control Procurements
b) Dispute in Scope of Work
c) Conduct Procurements
d) Plan Procurement Management
QUESTION NO: 152
Your team is working on a new project and the management has decided to procure new
equipment to assist, This will require training on the new equipment. This training is known
as what?
a) Preventive Costs
b) Rework Costs
c) Cost of quality
d) Cost of Non Conformance
QUESTION NO: 153
You are working on a construction project in a different country and on a tight schedule. The
city manager informs you that due to a maintenance work, you will need to pay an additional
fee for the detour road that will be used by the project team. What do you do next?
a) Do not pay the fee because it was not included in the budget.
b) Delay the project for a day and resume after the work is complete
c) Pay the fee.
d) Do not pay the fee since this is a bribe to the local city officials.
QUESTION NO: 154
You are presenting the project quality plan in the stakeholders meeting. One of the
stakeholders asks what the difference is between grade and quality. What is your best
response?
a) They are often used for staff support or expert support when a precise statement of
work cannot be written.
b) They provide flexibility to redirect a seller when the scope of the project cannot be
defined or there are high risks involved.
c) They can specify costs in a measurable unit such as cost per hour.
d) They provide stability of price for a well defined product within economic
fluctuation.
QUESTION NO: 156
The project manager is trying to compare the various bids received by subcontractors. He
realizes that process of rating each bid has been missed. What step did the planning process
fail to provide?
a) Communication requirements
b) Cost requirements
c) Risk requirements
d) Business requirements
QUESTION NO: 158
You are comparing the last six weeks of performance data. Its been observed that the project is
running under budget and ahead of schedule. Your team member needs to understand both
the cost performance index (CPI) and the schedule performance index (SPI). Which of the
following would be true regarding the cost performance index (CPI) and the schedule
performance index (SPI) based on what was previously stated?
a) Contractors qualifications
b) Contractors Selection criteria
c) Bidder conference
d) Make or buy decision
QUESTION NO: 162
A series of approved changes have been made and your team is making sure that all of the
approved changes are now in place and working as expected. They are engaged in what
activity?
a) Process analysis
b) Quality audit
c) Process improvement plan
d) Inspection
QUESTION NO: 163
Which of the following validates alignment of a project to the strategy and the ongoing
operational work of an organization?
a) Project Charter
b) Operational & Maintenance Manual
c) Project Management plan
d) Quality Management plan
QUESTION NO: 164
The performance measurement baseline is?
a) Risk Register
b) Watch List
c) Prompt List
d) Lessons learned register
QUESTION NO: 167
Which information in the scope baseline is used as an input in Plan Quality Management?
a) Scope baseline documents the accepted time interval being used to measure cost
performance
b) Project scope statement within the Scope baseline provides definition of acceptance
criteria, which may influence, increase or decrease quality costs and project costs
c) Scope baseline provides detailed information on WBS elements
d) Scope baseline provides schedule performance measurements including Start and
finish dates.
QUESTION NO: 168
Two of the companies bidding on part of the construction project have been asking the similar
questions. Another company has submitted a bid that is 50% lower than what was estimated
for the budget. What should the project manager do next?
a) Positive risks are those risks that the team know will happen.
b) Positive risks are rare and don’t normally need to be incorporated into the risk
management plan.
c) Peter is correct, there are no risks are positive.
d) Positive risks are those risks where the project would benefit from an event.
QUESTION NO: 171
When can a project baseline be changed?
a) Pareto Chart
b) Toranado Diagram
c) Histograms
d) Ishikawa Diagram
QUESTION NO: 173
Due to regulatory changes, a government agency is now a key stakeholder on a complex
project. The project manager wants to develop an understanding of this new project
stakeholder and any new high-level risks. What should the project manager use?
a) $406,650
b) $385,000
c) $396,960
d) $391,830
QUESTION NO: 177
The accounting functional manager in your company is asking for financial information about
one of the risks in your project. You instruct your intern to multiply the 10% chance of an
incident occurring by the financial impact of the event, in this case, $8,000. The result of $800
is known as what?
a) Actual Cost
b) Expected Monetary Value
c) Contigency Budget
d) Management Reserve
QUESTION NO: 178
What term describes an organization's willingness to accept risk?
a) Risk threshold
b) Risk Value
c) Risk Appetitie
d) Risk Register
QUESTION NO: 179
A project team member who is a risk owner has just confirmed that the risk owner is
responsible, has occurred and he must implement the agreed-upon risk plan. What process
group is this risk owner in, if he will implement his risk response plan?
a) Initiating
b) Planning
c) Monitoring and Controlling
d) Executing
QUESTION NO: 180
a) PMO
b) Government Authorities
c) Project Manager & Project Team
d) People, groups, or organizations that could impact or be impacted by a decision,
activity, or outcome of the project.
QUESTION NO: 182
Janice, a new project manager working on her project, has just been informed by
the project sponsor, to shorten the schedule duration for the least incremental cost
by just adding resources. Which is the best technique for Janice to apply in this
situation?
a) Fast Tracking
b) Crashing
c) Resource Leveling
d) Resource Smoothing.
QUESTION NO: 183
Which of the following is the most used contract and most advantageous to the
buyer?
a) Liabilities
b) Warranty work
c) Rework
d) Destructive testing loss
QUESTION NO: 185
Belinda an experienced project manager is training Sally, a new project manager.
They have just completed a project schedule network diagram and there are
several activities with divergence and convergence. Belinda tells Sally, that these
activities with divergence and convergence are?
a) No Concerns
b) At greater Risk
c) Should be on the critical path
d) Will never be on the critical path
QUESTION NO: 186
In an Agile/Adaptive environment when is risk considered?
a) When selecting the content of each iteration and during each iteration
b) At the beginning of each Agile/Adaptive project
c) At the retrospective for each iteration
d) At the daily scrum
QUESTION NO: 187
In agile environment, what is “ Daily Scrum”?
a) A brief daily collaboration meeting in which the team reviews the project scope and
determines whether the remaining work can be completed on-time and within
budget.
b) A brief daily collaboration meeting in which the team reviews the lessons learned
register, issue log, assumptions log, where the focus will be on the project
constraints of scope, quality, schedule, costs, and resources.
c) A brief daily collaboration meeting in which the team reviews progress from the
previous day and declares intentions for the current day, and highlights any
obstacles encountered or even anticipated.
d) A brief daily collaboration meeting in which the team reviews progress from the
previous day and highlights any obstacles encountered or even anticipated.
QUESTION NO: 188
Which of the following documents can prevent scope creep?
a) Scope statement
b) Project charter
c) WBS dictionary
d) WBS
QUESTION NO: 189
You are the Project Manager for a landscape development project. The seller
responsible for earth work went bankrupt and as per agreed upon risk response
strategy, you have appointed another seller. The new seller informed you that,
they will not be able to complete their part of the project in time and cannot meet
the milestone, even using contingency schedule reserves. What should you do
next ?
a) Accepted deliverables
b) Final products or services
c) Document updates
d) Work performance information
QUESTION NO: 192
The PMO advised you that a critical output of the Close Project process is the
completion and archive of the Lessons Learned register. Why is ensuring that the
register is updated and archived important?
c) Add the feedback provided to the assumption log, lessons learned register, and risk register.
Then monitor the actual costs as the project proceeds.
d) Have your team evaluate the response provided against the basis of estimates and
assumption log. Then update each document and recalculate the cost estimates.
QUESTION NO: 198
Which estimating technique, in which estimates of individual lower-level activities are
aggregated, requires significant resources and time, but can also be very accurate?
a) Analogous estimating
b) Parametric estimating
c) Bottom-up estimating
d) Three-point estimating
QUESTION NO: 199
To deliver your project faster you have decided to crash multiple critical path activities.
Giving this decision, what action must be taken?
a) Work product
b) Work package
c) Project deliverable
d) Scope baseline