PMP Final Exam Review 4

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D.. Trend analysis is used to analyze how problems occur.: .
1.. You work in the marketing department of your organization. Your project entails designing and preparing a vendor booth for an upcoming conference. Participating in conferences is something your organization does several times a year. Youâ€™ve just be: .
2..You are a project manager working on an important project for your organization. It has high visibility with all the corporate big-wigs and will likely get you a promotion if things go well. So far, the project is ahead of schedule, on budget, and the: .
3..You have a team member who is getting out of line at status meetings. You meet with this individual privately to raise your concerns. Your team member tells you whatâ€™s really on their mind and that they disagree with the way youâ€™re executing the a: .
4.. All of the following statements are true regarding risks except for which one? Choose the least correct answer. A.. Risks might be threats to the objectives of the project. B.. Risks are certain events that may be threats or opportunities to the obje: .
5.. You are working on a project in the automotive industry that requires specialized knowledge of robotics. You know that one full-time expert with skills in this area will be needed during the design phase and again in the deployment phase of this proj: .
6.. Which of the following statements is not true regarding the scope management plan? A.. The scope management plan should describe how changes to cost, schedule, and quality will be managed. B.. The scope management plan is a subsidiary component of th: .
7.. All of the following statements are true regarding trend analysis except: A.. Trend analysis is a tool and technique of the Quality Control process. B.. Trend analysis is a mathematical formula used to forecast future outcomes. C.. Trend analysis is: .
8.. Which of the following statements regarding the project champion is not true? A.. The project champion is typically someone well-versed in the technical areas of the project or who has strong industry knowledge regarding the project. B.. The project: .
9.. You work in a matrix organization. Early on in the project, it was determined that the functional manager who heads up the accounting department will be in charge of the project budget. The project sponsor approaches you with a small bonus check for: .
10.. You are a project manager in a construction company. Your project sponsor is an experienced project manager herself. Sheâ€™s worried this project may fall behind schedule, since winter is approaching faster than normal for this time of year. She tel: .
11.. You are the project manager for a construction project. Your company is expanding a highway on the east side of town, including revamping the bridges and constructing new on-ramps and off-ramps. Because of the timelines for this project and the heav: .
12.. One of the key project stakeholders on your project is asking for the documentation that records, analyzes, and details the project accomplishments before theyâ€™ll sign off on final acceptance. Which of the following inputs does this describe? A..: .
13.. Your co-worker, Mishi, is a project manager who has come by this title through experience. He hasnâ€™t had any formal training in project management and isnâ€™t familiar with PMI techniques. You discover after talking with him that heâ€™s afraid to: .
14.. According to the Organizational Planning process, the role and responsibility of this project member is generally critical for most projects but may differ depending on the application area or industry youâ€™re working in. A.. Executive sponsor B..: .
15.. When working in the Source Selection process, you might consider asking the vendor to supply you with an ink sample for a project youâ€™re working on. The ink must have special qualities (they were outlined in the RFQ) and before making a selection,: .
16.. You are the newly appointed project manager over a high-profile, critical project for your organization. The project team is structured outside your normal organizational structure, and you have full authority for this project. What type of organiza: .
17.. Your project includes a new manufacturing technique that requires knowledge of chemical engineering. The project team must have access to at least two full-time resources with these skills. You know all of the following statements are true except fo: .
18.. Youâ€™ve decided to put your project management skills to work at home. Your house needs painting and you decide to plan it out as a project, identifying all the activities and sequencing them correctly. After an inspection of the house, you decide: .
19.. You work for a nonprofit organization and are currently heading up a project to bring clean drinking water to several villages on a remote island in South America. This island has recently been at civil war, and there is concern that civil unrest ma: .
20.. Which of the following statements is true regarding qualified sellers lists? A.. Qualified sellers lists are a tool and technique of the process concerned with obtaining responses to RFPs from vendors. B.. Qualified sellers lists are a tool and tech: .
21.. Given the following information, is the project schedule ahead or behind what was planned for this period? EV = 95, PV = 85, AC = 100. A.. Ahead, because the result of the variance formula is negative. B.. Behind, because the result of the variance: .
22.. You work for a nonprofit organization in your local community. Your project will establish a new community outreach program for preteens. This project is being funded by a grant awarded to your organization based on its innovative ideas and approach: .
23.. The project plan is used in several ways during the course of the project. All of the following involve uses for the project plan except: A.. To guide the Project Plan Execution process B.. As historical information for future projects of similar na: .
24.. Which of the following statements is not true regarding problem solving? A.. Problem definition should focus on separating causes and symptoms. B.. Decision making involves asking questions to determine if the issues are internal or external. C.. Pr: .
25.. You are in the process of attaining and hiring resources for the project. Some of the resources can be found from within the organization, but three of the resources youâ€™ve identified must be hired on contract. You need to consider previous experi: .
26.. According to A Guide to the PMBOK, scope changes, cost, resources, assignments, schedule changes, and so on are just a few of the items that may require this general management skill during the life cycle of your next project. A.. Negotiation B.. In: .
27.. According to A Guide to the PMBOK, all of the following are terms for a contract except: A.. Purchase order B.. Memorandum of understanding C.. Agreement D.. Procurement order: .
28.. You are a project manager working on contract for an upscale retail toy store. Your project involves implementing a Party Event Planner department in stores in 12 locations across the country as a pilot to determine if this will be a profitable new: .
29.. You work for Writerâ€™s Block, a service that reviews and critiques manuscripts for aspiring writers. You were assigned to be the project manager for a brand new computer system that logs, tracks, and electronically scans and files all submitted man: .
30.. You are working on determining activity start and finish dates, and you prefer using the method that allows for multiple time estimates as opposed to using the most likely estimate. Which of the following statements is true? A.. You are using the PE: .
31.. You are managing a project for a grocery retail distributor, and the project is well underway. You are using an integrating methodology that both helps integrate the project processes and measures project performance. What integrating methodology ar: .
32.. If EV = 145, PV = 162, AC = 138, BAC = 200, and ETC = 62, what is VAC? Assume past estimating assumptions are no longer valid. A.. 0 B.. 7 C.. 9.5 D.. 62: .
33.. You are a project manager for Time Will Tell, an international watch manufacturer. Your project entails developing a watch with global positioning satellite (GPS) capabilities. Kit is a junior staff member with two years of experience in GPS technol: .
34.. You are a project manager working on a project that involves developing a prototype packaging system that will allow perishable food items to sit on the shelf. The project is still in the beginning phases, and you know that some project risks may no: .
35.. This is the first project youâ€™ve managed using your companyâ€™s new project management software. You are impressed with its performance and capabilities. You are also using EVM techniques. What knowledge area are you performing? A.. Project Scope: .
36.. Your project is being performed under contract. A scope change has occurred. Which of the following tools and techniques are required to comply with contract terms and provisions? A.. Project management information system B.. Change control system C: .
37.. You are a project manager for Wedding Planners, Inc. Since every wedding is unique, your organization believes in managing each one as a project. Youâ€™ve come up with a great idea for a new event that youâ€™re certain customers will love that will: .
38.. Which of the following project management knowledge area involves every team member and stakeholder on the project? A.. Project Scope Management B.. Project Communications Management C.. Project Human Resources Management D.. Project Quality Managem: .
39.. You are working on a research and development project in the agriculture industry. Your risk management team has identified several risks and has determined that the most significant risk to the project is a financial risk. The most effective respon: .
40.. Initial project costs can be broken down into three areas. Which of the following is not true regarding the initial project budget and the identification of these project costs? A.. Either the project manager or a functional manager may have the res: .
41.. You are a project manager for a new Information Technology project. Your organization requires you to organize the project according to project phases common to programming projects (initiation, requirements gathering, design, code, test, and implem: .
42.. You are a project manager for Rhone Valley importers. Your buyer has found a new product that sheâ€™s convinced will sell well in this country. Taking on this new product introduces considerable opportunity for the company, but at the same time is a: .
43.. Which of the following best describes a project constraint? A.. Customer request B.. Product description C.. Management directive D.. Cost baseline: .
44.. You are working on a research and development project in the agriculture industry. Your risk management team has identified several risks and has determined that the most significant risk to the project is a quality risk. Youâ€™ve identified a strat: .
45.. Which of the following best describes a project assumption? A.. The equipment needed for the second deliverable of the project will be delivered one week prior to the start of the work for this deliverable. B.. The projectâ€™s allotted budget is $42: .
46.. You are a project manager for Wedding Planners, Inc. Since every wedding is unique, your organization believes in managing each one as a project. Youâ€™ve come up with a great idea for a new event that youâ€™re certain customers will love that will: .
47.. Your project sponsor has requested a cost estimate for the project youâ€™re working on. This project is similar in scope to a project you worked on last year. She would like to get the cost estimates as soon as possible. Accuracy is not her primary: .
48.. You are the project manager for BB Tops, a nationwide toy store chain. You are working on estimates for your latest project and have gathered several variables for your model. Youâ€™ve determined which of the following? A.. Parametric modeling is a: .
49.. Your team members have turned in their activity estimates. Hughâ€™s activity will take 30 days; Leahâ€™s activity will take 15 days; and Destinyâ€™s activity will take 60 days. Leah also gives you an updated description of her activity because the c: .
50.. You are the project manager for a new website for the local zoo. You need to perform Quantitative Risk Analysis. Youâ€™ll use all of the following tools and techniques to accomplish this except: A.. Data precision ranking B.. Sensitivity analysis C.: .
51.. You work for a nonprofit organization and are currently heading up a project to bring clean drinking water to several villages on a remote island in South America. Your stakeholders have changed the scope of this project three times already, and the: .
52.. If EV = 145, PV = 162, AC = 138, BAC = 200, and ETC = 62, what is ETC? Assume that current variances are not typical. A.. 7 B.. 55 C.. 62 D.. 9.6: .
53.. Why is assessing risk probability in the Qualitative Risk Analysis process difficult? Choose the best answer. A.. Because it relies on historical data. B.. Because the values are cardinal. C.. Because the values are ordinal. D.. Because it relies on: .
54.. You are examining the network paths for your project. Path Aâ€™s duration is: 1-2-3-5-8; Path Bâ€™s duration is 1-3-5-6-7; Path Câ€™s duration is 1-2-5-4-9; and Path Dâ€™s duration is 2-3-4-4-8. Which of the following is the critical path for this p: .
55.. Which of the following statements is not true regarding the technique of benefit/cost analysis in the Scope Planning process? A.. Benefit/cost analysis may incorporate several financial measuresâ€”including return on investment and payback periodâ€”: .
56.. You are a project manager who works for a nationwide bank with branches in every major city in the country. You are working on creating a project plan. Your project entails introducing a new home equity loan product to the bank customers. You realiz: .
57.. Your team is in the performing stage of team development. The following exchange took place at your last team meeting: â€œIâ€™m glad youâ€™re all having fun, but itâ€™s time to get down to business,â€ you say. â€œIâ€™d like to introduce Sunny Knigh: .
58.. Your manager storms into your office demanding to know what paragraph three of the recent status report means, even though she clearly knows what it means by the tone in her voice. She wants you to know that, after all, she is the Director of Market: .
59.. Given the following information, are the costs of the project higher than budgeted or lower than budgeted? EV = 85, PV = 95, AC = 100. A.. Lower than budgeted, because the result of the variance formula is negative. B.. Higher than budgeted, because: .
60.. This tool and technique of the Schedule Control process is the key factor in controlling the time constraint. A.. Performance measurement B.. Variance analysis C.. Additional planning D.. Trend analysis: .
61.. The last phase of your project is the testing phase. Two teams of testers are responsible for checking the product your project has produced to be certain it works correctly prior to delivery to the customer. What is this an example of? A.. Trending: .
62.. You work in the pharmaceutical industry, and your organization has decided to build a new laboratory facility in the Northwest. Marketing demand is driving new research for diet medications, and the new lab will be dedicated to this product developm: .
63.. You are a project manager and are in the Closing processes of the project. Your customer has been presented with a formal acceptance and sign-off document. They refuse to sign, claiming the product does not meet their expectations. You know that thi: .
64.. Which of the following statements best describes the purpose of the Scope Planning process? A.. To progressively elaborate, document, and assign project roles and responsibilities to the project work that produces the product of the project. B.. To: .
54: 54
54.: 54.

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Number of cards 67