Question 1

A ............................. is a task at the lowest level of the WBS that represents

the level of work that the Project Manager uses to monitor and control the
project
Work package

Question 2
A .................................... is a deliverable-oriented grouping of the work
involved in a project that defines the total scope of the project
WBS

Question 3
Name the type of estimate that uses project characteristics in a mathematical
model, such as number of square feet of a house
Parametric

Question 4
What is a time-phased budget that Project Managers use to measure and
monitor cost performance?
Cost baseline

Question 5
Mike, a Project Manager in your company, is falling behind on the project
schedule. He has elected to crash the project. What is crashing?
Adding additional project resources to the project work

Question 6
You are working with your project team to schedule activities for your
construction project. You have scheduled the painting activity to be
completed before the carpet installation activity may begin. The relationship
between the painting activity and carpet installation activity can best be
described as which one of the following?
Finish - to - start

Question 7
Which schedule development tool does not consider the availability of the
project resources, only when the work may take place in the project?
Critical chain method

Question 8
Consider a project that is to begin work on a Monday and a project team that
will not work on weekends. The critical path of the project is 17 days. On
what day of the week will the project be completed?
Tuesday

Question 9
Which one of the following best describes the critical path?
It determines the earliest the project can finish

Question 10
The document created to help promote teamwork and clarify team
communications
Team contract

Question 11
Project teams develop a .......................... to coordinate all other project plans
Project Management Plan

Question 12
In which of the 5 project management process groups are activities performed
that relate to each knowledge area?
Planning

Question 13
Which project document should not be made available to all key project
stakeholders due to its sensitive nature?
Stakeholder analysis

Question 14
The project plan provides a baseline for several things. Which one of the
following does the project plan not provide a baseline for?
Control

Question 15
You are the Project Manager for your organisation. A change has recently
been approved by your organisation's change control board. You need to
update the scope baseline and what other documents?
Cost baseline

Question 16
What is the first step in project time management which seems more like a
scope task?
Activity definition

Question 17
What is the critical path?
Shows the shortest time in which a project can be completed and
longest path through a network diagram

Question 18
What is the first step in planning a project schedule?
Developing an activity list

Question 19
David, one of your project team members, has been making changes to his
work, which, as a result, changes the project scope. David's changes are also
known, as what?
Scope creep

Question 20
You are the Project Manager of the BHY Project. Your project customer has
demanded that the project be completed by 1 December 2010. 1 December
2010 is an example of which one of the following?
Constraint

Question 21
Complete this sentence: Project scope management is primarily concerned
with defining and controlling.........................................
What is and is not included in the project

Question 22
Scope verification leads to what?
Formal acceptance of the complete project scope

Question 23
A .......................... is a temporary endeavor undertaken to create a unique
product, service, or result.
Project

Question 24
Which of the following is not an attribute of a project?
Projects involve little uncertainty

Question 25
Which of the following is not a potential advantage of using good project
management?
Lower cost of capital

Question 26
.................................. is the application of knowledge, skills, tools, and
techniques to project activities to meet project requirements
Project management

Question 27
Which of the following is not part of the triple constraint of project
management
Meeting communication goals

Question 28
The last step in the 4-stage planning process for projects
is ...............................
Resource allocation

Question 29
Why would an organisation divide a project into phases?
To provide better management and control of the project

Question 30
At what point in the project may stakeholders most cost-effectively
recommend changes to the project deliverable?
At the start of the project

Question 31
Which of the following describes the early stages of a project?
Low costs and low demands for resources

Question 32
Which one of the following is an example of a positive stakeholder?
A customer who is eager for your project's deliverable

Question 33
The compilation of all the phases within a project equates to
the ................................
Project life cycle

Question 34
What is the primary purpose of the planning process?
To develop the project management plan

Question 35
In order for a project to be successful, there must be 4 conditions. Which one
of the following is not a condition required for project success
The project team must select applicable knowledge areas in order to
meet the project objectives

Question 36
When is a Project Manager selected?
Initiation phase

Question 37
You are the Project Manager of a new project. You have worked with
management to identify several initial assumptions and constraints for your
project. Where will these items be documented and signed off?
Project charter

Question 38
There are 5 project management processes that allow projects to move from
start to completion. Which one of the following is not one of the project
management process groups?
Communicating

Question 39
You are a Construction Manager for a construction project. The project will be
using a new material that the project team has never worked with before. You
allot $10,000 to train the project team on the new materials so that the project
will operate smoothly. The $10,000 for training is known as what?
Cost of quality

Question 40
You are the Project Manager for CSR Training Project and 21,000 customer
service reps are invited to attend the training session. Attendance is optional.
You have calculated the costs of the training facility, but the workbook
expense depends on how many students register for the class. For every
5,000 workbooks created, the cost is reduced by a percentage of the original
printing cost. The workbook expense is an example of which one of the
following?
Variable costs

Question 41
You have created a cost estimate for a new project that you'll be managing in
your organisation. All of the following should be included in your cost
estimate, except for which one?
Company team members the project will utilise

Question 42
You and your project team are about to enter a meeting to determine project
costs. You have elected to use bottom-up estimating and will base your
estimate on the WBS. Which one of the following is not an attribute of
bottom-up estimating?
It's less expensive to do than other methods

Question 43
Management has requested that you complete a definitive cost estimate for
your current project. Which one of the following must exist in order to
complete this estimate?
Work breakdown structure

Question 44
What kind of certification, does the Project Management Institute provide?
Project Management Professional (PMP)

Question 45
Several individual housing projects done in the same area by the same firm
might best be managed as part of a .................................
Program

Question 46
Other plans that the project management plan refers to, such as the scope
management plan, etc. are called these
Subsidiary plans

Question 47
Which one of the following will not be included in the activity list created with
the project management team?
Activities that are not part of the project scope

Question 48
Name of the plan that involves defining and controlling what work is or is not
included in the project
Scope Management Plan

Question 49
A project had a budget of $750,000 and was completed on time. The project
expenses, however, were 10% more than what the project called for. What is
the variance at completion for this project?
$75,000

Question 50
Mary's project has a cost variance of $44,000. He needs to complete what
type of report?
Exceptions report

Question 51
The project life cycle comprises of which of the following?
Phases

Question 52
Nancy is a Project Manager for the NHG Corporation. She has identified
several positive stakeholders for her construction project and a few negative
stakeholders. Nancy and the project team have been meeting regularly with
the positive stakeholders, but have not met with the negative stakeholders.
What can happen if Nancy ignores negative stakeholders?
Her project will risk failure to bring the project to a successful end

Question 53
Which of the following is not usually included in a preliminary scope
statement?
Roles and responsibilities

Question 54
You are the Project Manager for the HALO Project. You and your project
team are preparing the project plan. Of the following, which one is a project
plan development constraint you and your team must consider?
The budget as assigned by management

Question 55
You are the Project Manager for your organization. When it comes to
integrated change control, you must ensure that which one of the following is
present?
Supporting detail for the change

Question 56
Of the following, which is the logical order of the project management process
Initiating, planning, executing, monitoring and controlling, closing

Question 57
Which one of the following statements best describes what project
management is?
Project management is the application of knowledge, skills, tools and
techniques to project activities to meet project requirements

Question 58
Name the type of estimate that uses the actual costs of a similar project as its
basis?
Top-down estimate

Question 59
It is very important to start at the top of the 4 - stage planning process pyramid
to select projects that support the organisation's ...............................
Business strategy

Question 60
The tendency for project scope to increase is called ......................................
Scope Creep

Question 61
In which of the 5 project management process groups is the most time and
money usually spent?
Executing

Question 62
Approximately what percentage of the world's gross domestic product is spent
on projects?
25%

Question 63
What kind of certification, does the Project Management Institute provide?
Project Management Professional (PMP)

Question 64
Which of the following is not a major benefit of grouping projects into
programs?
Increasing revenues

Question 65
Type of plan that is a starting point or measurement that can be used for
future comparision
Baseline

Question 66
Name of the plan that involves defining and controlling what work is or is not
included in the project
Scope Management Plan
Question 67
What is cost budgeting?
Allocating the overall cost estimate to individual tasks over time

Question 68
When does a project become officially authorised?
When the project charter is approved

Question 69
You have requested that several of the stakeholders participate in the initation
of the project. Why is this important?
It improves the probability of shared ownership

Question 70
Which one of the following is an example of resource cost rates that a Project
Manager could use to predict the cost of the project?
Commercial database

Question 73
Who directs the performance of the planned project activities?
The Project Manager and the project management team

Question 74
All of the following are addressed in the project charter, except for which one?
Risk responses

Question 75
At which point is the risk of failure the lowest, but the consequence of failure
the highest?
During the final stages

Question 76
One of the stakeholders of the project you are managing asks why you
consider the project scope statement so important in your project
management methodology. You answer her question with which of the
following?
The project scope helps the Project Manager determine if a change is
within or outside of scope

Question 77
A project team member has asked you what a scope statement is. Which of
the following is a characteristic of a project scope statement?
Defines the project deliverables and the work needed to create those
deliverables

Question 78
You are the Project Manager for a large construction project. The architect
has provided your project team with blueprints detailing the exact layout of the
building your team will be creating. He insists that the team follow the
blueprints as he's designed them. The blueprints are an example of which
one of the following?
Project specifications

Question 79
What does SMART stand for?
Specific, measureable, accessible, realistic and timeframed

Question 81
Why would an organisation divide a project into phases?
To provide better management and control of the project

Question 82
You are a Project Manager working under a PMO. Your project resources are
shared among several projects. To whom will the project team members
report?
The Project Manager of each project

Question 83
The ............................ method is a network diagramming technique used to
predict total project duration
Critical path

Question 84
You are the Project Manager of a construction project scheduled to last 24
months. You have elected to rent a piece of equipment for the project's
duration, even though you will need the equipment only periodically
throughout the project. The costs of the equipment rental per month are
$890. This is an example of which of the following?
Fixed costs

Question 85
You are the Project Manager for a new technology implementation project.
Management has requested that your estimates be as exact as possible.
Which one of the following methods of estimating will provide the most
accurate estimate?
Bottom-up estimating

Question 86
The best Project Managers spend more time on every process group than
other Project Managers except for which one?
Executing

Question 87
You are the Project Manager for a construction company. You are currently
working on a project for a new building your company is creating. A recent
change in the Building Act will impact your project and change your project
scope. The first thing you should do as Project Manager is:
Create a documented change request

Question 88
What not happens when a Project Manager elects to crash a project?
The project costs will increase

Question 89
The framing activity cannot begin until the concrete has cured for 36 hours.
The time between the concrete activity and the framing activity is best
described as which one of the following?
Lag time

Question 90
Examine the following illustration. Which path is the critical path?
ATT2.docx

A. ADEHJL

Question 91
You are the Project Manager for JHG Project. Your project is to create a new
product for your industry. You have recently learned that your competitor is
also working on a similar project, but their offering will include a computer-
aided program and web-based tools, which your project does not offer. You
have implemented a change request to update your project accordingly. This
is an example of which of the following?
A change due to an external event

Question 92
You are the Project Manager of a large project. Your project sponsor and
management have approved you to outsource portions of the project plan.
What must be considered if a change request affects the procured work?
Contractual agreement

Question 93
Which one of the following is not needed to define the project scope?
Risk management plan
Question 94
Document that defines the project success criteria
Scope statement

Question 96
The most significant characteristic or attribute of an effective Project Manager
is that he or she ........................................................
leads by example

Question 97
Project portfolio management addresses ...................................... goals of an
organisation, whereas project management
addresses ......................................... goals.
strategic, tactical

Question 98
What cost estimating techniques uses project characteristics in a
mathematical model to estimate project costs?
Parametric modeling

Question 99
What type of estimate is very accurate but also very expensive to create?
Bottom-up estimate

Question 100
A .......................................... is a methodology that converts an organisation's
value drivers - such as customer service, innovation, operational efficiency
and finacial performance - into a series of defined metrics
balanced scorecard

Question 101
The project plan provides what in regard to project changes?
methodology to approve or decline changes

Question 102
What method of scheduling considers limited resources when creating a
project schedule and includes buffers to protect the project completion date?
Critical chain scheduling

Question 103
Examine the following illustration. How long will the project last?
15 days

Question 104
All project meetings with stakeholders should include
an agenda
Question 105
Which one of the following is not part of a SWOT analysis?
Tactics

Question 106
The main purpose of project planning is to:
Guide project execution

Question 107
Which of the following statements is false concerning the financial analysis or
projects?
The required rate of return is the discount rate that results in a NPV of
zero for the project.

Question 108
What is the most common type of dependency between activities?
Finish to start

Question 109
The best Project Managers spend more time on every process group than
other Project Managers except for which one?
Executing

Question 110
What document formally recognizes the existence of a project and provides
direction on the projects objectives and management?
Project Charter

Question 111
Of the following, which is the logical order of the project management process
Initiating, planning, executing, monitoring and controlling, closing

Question 112
The primary purpose of your project management plan is:
To provide accurate communication fot he project team, project
sponsor, and stakeholders regarding how the project will be executed,
controlled and closed.

Question 113
What is a milestone?
A significant event on a project

Question 114
You are the Project Manager for your organization. A change has recently
been approved by your organizations change control board. You need to
update the scope baseline and what other documents?
Change log

Question 115
What method of scheduling considers limited resources when creating a
project schedule and includes buffers to protect the project completion date?
Critical chain scheduling

Question 116
Management has determined that your project must be completed by 30
December 2010. This date is an input to your planning process and is
considered what?
Constrain