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PMP Quiz -01

Total questions: 10

Worksheet time: 15mins

Name
Class
Date
1.

As you create the Activity List, which technique is recommended for

subdividing the project into smaller components called activities?

a)

A. Decomposition

b)

B. Rolling Wave Planning

c)

C. Expert Judgment

d)

D. Deconstruction

2.

During which of the following project processes do key stakeholders

engage with the project for the first time?

a)

A. Develop Project Charter

b)

B. Identify Stakeholders

c)

C. Collect Requirements

d)

D. Plan Stakeholder Engagement

3.

A business is considering more than a dozen infrastructure upgrade

projects. These projects, once delivered, will add to the organization’s

overall performance but will not contribute to any of the revenue

streams. Prior to initiating any such project, the value of the project to

the organization must be determined. Which of the following is the most

important factor to consider in such a scenario?

a)

A. Net Present Value (NPV) of the projects

b)

B. Internal Rate of Return (IRR) of the projects

c)

C. Alignment with the strategic goals

d)

D. Investment requirement

4.

During the development of the project stakeholder engagement plan, a

project manager is usually dependent on the voice of the project

stakeholders to obtain expert opinion. Which of the following is an

important tool available to the project manager for gathering and

organizing stakeholders’ information?

a)

A. Fishbone diagrams

b)

B. Control charts

c)

C. Histograms

d)

D. Focus groups

5.

Kevin is assigned to a software development project that will start in the

near future and is currently tailoring the PMBOK processes to satisfy the

project’s specific needs. Kevin wants to introduce a new process,

“Identify Key Deliverables”, to the existing six project scope

management processes. Although he understands that project

deliverables identification is already in the PMBOK scope management

processes, he believes that having a dedicated process will stress the

importance of determining and agreeing to key project deliverables. The

best position for the new “Identify Key Deliverables” process should be

between which of the following two processes?

a)

A. Define Scope and Create WBS

b)

B. Create WBS and Validate Scope

c)

C. Plan Scope Management and Collect Requirements

d)

D. Collect Requirements and Define Scope

6.

During the Plan Risk Management process, assigning ___________ will

help you and the project team identify all important risks and work more

effectively during the identification process.

a)

A. Risk factors

b)

B. Blame

c)

C. Risk mitigation plans

d)

D. Risk categories

7.

Jane is currently reviewing a list of project proposals. All the proposed

projects achieve some of the organizational strategic objectives and their

expected costs are known. However, Jane cannot execute all the projects

due to the funding limitation. How shall Jane determine which projects

she needs to execute this year?

a)

A. Select the high-budget projects and drop the low-budget projects

b)

B. Select the low-budget projects and drop the high-budget projects

c)

C. Select the projects that maximize organizational revenue

d)

D. Select the projects that maximize the business value

8.

During which stages of a project should the project manager be most

active in managing project stakeholders’ needs and expectations?

a)

A. Initiating and planning

b)

B. Planning and executing

c)

C. Executing and controlling

d)

D. Controlling and closing

9.

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)

A. Actual cost is understated.

b)

B. Earned value is overstated, and actual cost is understated.

c)

C. Earned value is overstated.

d)

D. Both the earned value and the actual cost are overstated.

10.

Which of these types of precedence relationships is least commonly used

in the Precedence Diagramming Method?

a)

A. Start to Start

b)

B. Finish to Finish

c)

C. Finish to Start

d)

D. Start to Finish