11/24/2020 PMP Lesson 8.
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NAME :
CLASS :
PMP Lesson 8.1
DATE :
30 Questions
1. A single point of failure (SPOF) is the part of a system that,
upon failure, stops the entire system from working or
makes the system useless. Which of the following events
can render a knowledge management system ine ective?
a) Knowledge is shared using a mixture of b) If project team is not motivated.
knowledge management tools and
techniques.
c) When project knowledge cannot be d) Project team is geographically distributed.
classi ed as explicit or tacit.
2. Projects operating in agile environments where a high degree
of uncertainty exists and where the scope is not yet fully
de ned, may not bene t from detailed cost calculations due to
frequent changes. Instead, lightweight estimation methods can
be used to generate a fast, high-level forecast of project labor
costs, which can then be easily adjusted as changes arise.
Detailed estimates are:
a) Never developed in an agile project. b) Only developed if the project stakeholders
allow the project manager todo so.
c) Reserved for short-term planning horizons d) Developed early during the project but are
in a just-in-time fashion. never updated due to frequent changes.
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3. A contractor is currently constructing a new building for your
organization on a cost-plus-incentive contract. You just
received the project status report from the contractor’s project
manager. According to the report, the project’s CPI is 1.5. You
are shocked because you believe the project costs are out of
control. Upon investigation, you learn the $1 million advance
payment (20 percent of the estimated project cost) given to the
contractor at the start of the project was included in the
project’s earned value. Further, the cost of the inventory at the
project site was excluded from the total actual costs. According
to the contract, your company reimburses only the costs for the
completed deliverables and not for the supplies in the project’s
inventory. In this scenario, the reported project’s CPI is
incorrect because:
a) Earned value is overstated. b) Earned value is overstated, and actual cost
is understated.
c) Actual cost is understated. d) Both the earned value and the actual cost
are overstated.
4. At a division project status meeting, all attendees receive a
dashboard of cost metrics for each project, and each
project manager is presenting the status of his or her
project. The metrics for one project show a BAC of $1100,
an EV of $998, and an EAC of $1099. However, the project
manager is reporting an ETC of $354. What do you do?
a) Do nothing b) Congratulate the project manager for
being under budget
c) Advise the project manager to take the d) Notify the appropriate management there
additional funds from her project is a calculation error
contingency budget
5. Which of the following methods of forecasting EAC and ETC
is the most accurate?
a) ETC based on CPI b) ETC based on CPI and SPI
c) ETC based on new estimate d) ETC based on BAC
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6. Your team has built an exotic sports car for a wealthy client.
The project team veri ed every deliverable against the
quality requirements, and the client accepted. Now the
project manager is arranging for the car delivery.This is part
of which process group?
a) Monitoring and Controlling b) Closing
c) Planning d) Execution
7. Which process group corresponds to the “do” part of the plan-
do-check-act cycle?
a) Planning b) Monitoring and Controlling
c) Closing d) Executing
8. Chiqui is a project management guru hired by a retail giant
in your country. Chiqui nds out there is a wide array of
projects that need to be managed from a central PMO;
from a number of small projects to large initiatives
requiring long-term roadmaps to manage the development
of these programs. What project management approach
should be recommended for such projects?
a) A predictive approach, adaptive approach, b) A predictive approach may need to be
or a hybrid of both, may need to be adopted.
adopted.
c) An adaptive approach may need to be d) Setting up PMOs for such a wide range of
adopted. projects is not recommended.
9. The paint on the exotic cars that are manufactured in your
plant is bubbling about a year after application. What would
be the best tool for your team to use to nd potential causes of
the peeling paint?
a) Control Chart b) Scatter diagram
c) Inspection d) Ishikawa Diagram
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10. You are in charge of constructing the Ferris wheel in each
town a carnival visits. However, this is something you have
never done before, and you are getting di erent opinions
from others on how long it takes. Joe is new and has given
you what you believe to be an optimistic estimate of three
hours; Bill says it will take 10 hours, which seems too long
to you and quite pessimistic. Last, Margie, who is the most
experienced at this task, is telling you it will take eight
hours. You are not sure whom to believe, so you decide to
do three-point estimation (based on beta distribution).
Based on this, how many hours will it take you to assemble
the Ferris wheel?
a) 8 hours b) 7.5 hours
c) 21 hours d) 7 hours
11. In your weekly status reports, you report the earned value
for the project. This information is essential for you and the
stakeholders to gauge the progress of the project. What
process group is the cost and schedule control part of?
a) Closing b) Executing
c) Monitoring and Controlling d) Planning
12. You are in the execution stage of your project, and you are
informed that “corporate” will send in a team of consultants
to review whether your project activities comply with your
company’s and PMI’s policies, standards, and procedures.
This is an example of:
a) Organizational Process Assets b) Quality Audit
c) Process Analysis d) Recommended Corrective Actions
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13. You are in the initiation phase of your project, and you believe
the project can be completed for $100,000. However, you are
an experienced project manager and know that many things
can happen between the initiation phase and the closure of the
project. In the project charter, you have provided an estimate
of $75,000 to $175,000. This is an example of:
a) True Estimate b) Rough Order of Magnitude Estimate
c) Absolute Estimate d) Narrow Estimate
14. Nancy is engaged in the construction of three o ce
buildings. Although the construction sites are in various
places, she has managed each team e ciently to complete
the work on time and within budget. Which of the following
statements describes the e ort Nancy is doing?
a) Construction of each building is a project b) The building construction is considered
because each building is separate in neither a project nor operational work.
nature.
c) Construction of each building is an d) Construction of all three buildings is
operational work because it is repetitive in considered one project.
nature.
15. You just completed the rst phase of a multi-phase project.
You have calculated earned value measurements and
found that the current CPI is 0.79 and the current SPI is
0.98. Your next phase plan should focus rst on which
element of the project:
a) Schedule b) Quality
c) Cost d) Resources
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16. Lesley is managing a software development project for the
World Climate Control Organization. Since her team
members are dispersed across the globe, she would like to
set up online conferences in the next two months to let
everyone in her project know what is going on and what
their roles are within the project. She wants to use these
conferences as team development activities to learn and
exchange information in the project. To schedule such
activities, which of the following should she use to keep
track of the availability of team members?
a) Project charter b) Resource calendars
c) Responsibility assignment matrix d) Project sta assignments
17. Which of the following statements about team-building
activities is incorrect?
a) It can be a professionally facilitated b) Informal communication and activities help
experience designed to improve in building trust andestablishing good
interpersonal relationships. working relationships.
c) It can be a ve-minute agenda item in a d) The objective of team-building activities is
status review meeting. to help team members work individually
and e ectively.
18. Which of the following is not a Tuckman's team development
stage?
a) Confronting b) Forming
c) Norming d) Adjourning
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19. Your project team works in two di erent buildings across
the city. The team has been struggling to perform
e ectively and has a di cult time resolving problems. What
would be the BEST team development technique to resolve
this issue?
a) Training b) Co-location
c) Mediation d) Rewards
20. Which of the following is an incorrect classi cation of a
feasibility study?
a) A feasibility study may be considered pre- b) A feasibility study may be considered a
project work. stand-alone project.
c) A feasibility study may be considered a d) A feasibility study may be considered the
program. rst phase of a project.
21. Which tool is BEST used to display how a company
structures itself departmentally?
a) RBS b) WBS
c) OBS d) BOM
22. Which of the following documents the formal or informal
assessments of the project team's e ectiveness?
a) Project Performance Appraisals b) Observations
c) Conversations d) Team Performance Assessments
23. Which of the following is not an e ective in uencing
technique?
a) Leading by example b) Withdrawing from con icts
c) Clarifying how decisions will be made d) Withdrawing from con icts
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24. There is a heavy demand for new houses in your city's
expensive neighborhood. RECON, a construction company, has
employed you as a project manager to assess the bene t of
building new energy-e cient houses in that neighborhood,
even though it takes more expensivetechnology to build such
houses. You have started gathering data to perform a detailed
payback analysis to submit a report to your management.
Since the full nancial impact of building energy-e cient
houses is di cult to estimate, you would like to prepare a
rough costbene t analysis and include it with the report. Which
of the following describes the e ort you are undertaking in this
scenario?
a) You are developing a cost-bene t analysis b) You are developing a risk management
to provide as an input to the Plan Risk plan to provide as an input to the Perform
Management process. Quantitative Risk Analysis process.
c) You are developing a cost management d) You are developing a business case to
plan to provide as an input to the Estimate provide as an input to the Develop Project
Costs process. Charter process.
25. Esposo is in the process of preparing the project performance
report for the team meeting. He is expecting many questions
from his stakeholders on the budget and schedule. Esposo
calculates the following values: Budget at Completion (BAC) =
$22,000, Earned Value (EV) = $13,000, Planned Value (PV) =
$14,000, Actual cost (AC) = $15,000. What is the Estimate at
Completion (EAC) for the project, if the work is performed at the
budgeted rate?
a) $22,500 b) $36,000
c) $24,000 d) $37,000
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26. You are in a meeting with your senior manager, who is helping
you to organize and manage a team of IT people from diverse
backgrounds. While you are discussing the creativity and
breakthrough performance your team is demonstrating now,
your senior manager indicates that your team has moved from
the storming to the performing stage. Which of the following
describes the characteristics of the performing stage?
a) In the performing stage, the team starts to b) In the performing stage, the team function
work together and adjust their behavior. as a well organized unit and resolve issues
e ectively.
c) In the performing stage, the team d) In the performing stage, the team
completes the work and disbands as a members are not collaborative.
project team.
27. As a project manager, you are analyzing the costs incurred in a
project. Which of the following costs cannot be classi ed under
cost of nonconformance?
a) Costs due to loss of reputation b) Warranty costs
c) Rework costs d) Quality Assurance Costs
An organization’s value chain can be represented by a special
28.
type of owchart called SIPOC. SIPOC stands for:
a) Suppliers, inputs, process, outputs, and b) Simple, intellectual, procedural, optimal
customers coding
c) Superior service, inferior service, peak d) Sample, information, practice,
hour service, optimized service, and client organization, and control
service
29. The Close Project or Phase process is not performed when:
a) Closing projects b) Cancelling projects
c) Reactivating projects d) Closing project phases
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30. Project managers need to be aware of Student Syndrome.
What does that mean?
a) People who consider themselves students b) People start to apply themselves only at
of project management tend to apply the last possible moment before the
PMBOK principles better. deadline.
c) People go through a learning curve d) People who undertake studies during their
whenever they are engaged in a project. professional careers tend to be better
project managers.
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Answer Key
1. b 9. d 17. d 25. c
2. c 10. b 18. a 26. b
3. a 11. c 19. b 27. d
4. d 12. b 20. c 28. a
5. c 13. b 21. a 29. c
6. b 14. a 22. d 30. b
7. d 15. c 23. b
8. a 16. b 24. a
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