SIMULACRO DE EXAMEN FINAL

The project charter and scope statement are documents designed to tell _______________exactly
what the project entails.
a.
The project manager
b.
The project team
c.
The project sponsor
d.
Anyone associated with the project

In the resolution of authority conflicts that arise between project and functional managers, the
following actions should be taken except:
a. Higher-level authority should be involved as soon as possible.
b. The problem and its consequences should be clearly defined.
c. Negotiations should take place at the lowest level of interaction possible.
d. Let the project manager to leader the conflict resolution.

The progressive detailing of a project plan or components of a plan (i.e. the WBS) is often called
a. Rolling wave planning
b. Continuous planning
c. Input-output planning
d. Detail planning

The appointment or selection of a project sponsor can be based upon the following, except
a. The strategic importance of the project.
b. The duration of the project.
c. Who the customer is.
d. Whether the organization is project or non-project driven.

Activity P has an early start date on week 10 and a latest start date on week 12. If the line manager
now believes that the activity duration will increase by 1 week, then
a. All downstream activities will take less time
b. Al downstream activities must be completed in less time or the project will extended
c. The slack in activity P has increased by one week
d. The slack in activity P has decreased by one week

The _______________ of an investment is the period of time for the _____________ to equal the
initial cash outlay
a. Payback period, cumulative cash inflows
b. Payback period, Present value of cash inflows
c. IRR, payback period
d. IRR, present value of cash inflows

Which
a.
b.
c.
d.

A process goes out of control when

a. There are special causes of variation.
b. There are common causes of variation.
c. There are random and non-assignable causes of variation.
d. There are wrong operation of the equipment.

You are employing a subcontractor to complete a critical piece of work when the project manager for
that subcontractor asks you out on a date, making it clear that this is a personal engagement and will
not affect business. What would be the BEST thing to do?
a. Accept the invitation if you are so inclined.
b. Politely refuse the invitation.
c. Ask your manager for permission to go on the date.
d. Consult your human resource department for the policy on this matters.

of the following is not an example of an external-predictable risk?

Cost of money
Borrowing rates
Material availability
Operations issues

10

The risk of accepting a lot of a poor quality, in acceptance sampling, is referred to as

a. High risk
b. Consumers risk
c. Producers risk
d. Type I error
Using this information: Target cost: $12,000, Target Fee $1,000, Sharing Ratio 80/20, Price ceiling
$14,000, the point of total assumption occurs at a cost of work of:
a. 11,800
b. 14,000
c. 13,750
d. 13,250

11

12

A communication management plan is a document which does not provide

a. An evaluation report.
b. A collection and filing structure.
c. A distribution structure.
d. A description of the information.

13

Using
a.
b.
c.
d.

14

Which of the following issues is a source and not the symptom of power and authority problems in a
project environment?
a. Frequent finish dates failed.
b. Poorly documented or no formal authority.
c. Poor working relationships with superiors, subordinates, and associates.
d. Poor communication channels.

15

The process for formally acknowledging that a new project exists (or that an existing project should
continue) is called
a. Initiation
b. The scope baseline
c. The management plan
d. The scope definition

16

Periods of work or durations of work with no activities assigned to them are called schedule
a. Safety points
b. Lag blocks
c. Deliverables
d. Reserves

17

As part of your project, you are responsible for producing 27 widgets per production run. You also
know that there is a $1,000 setup charge to change the production line over to produce your
particular type of widgets. Each widget consumes $10.00 worth of material and requires 0.5 hours of
labor (the labor rate is $10.00 per hour). Using the information, what is the total variable cost for
producing one widget?
a. $1,020
b. $1,015
c. $
20
d. There is not enough information

the WBS shown below, typical work package would be:

S/W development
Software development
1.0.0 S/W development
Coding
1.1.0 Systems design
H/S requirements
1.1.1 H/S requirements
1.1.2 Flowcharting
1.2.0 Coding
1.2.1 Language selection

18

There is a probability of 10% that a given risk event will occur in a project. If it occurs, it will result in
a loss of $10,000. The insurance cost for this event is $1,200. Should a rational project manager buy
this insurance?
a. Yes, since $1,200 > $1,000
b. Yes, since the loss of $10,000 is too great
c. No, since $1,200 > $1,000
d. No, since the loss will be covered by management reserve
Which of the following is closest to Demings definition of Quality?
a. Conformance to requirements
b. Fitness to use
c. Continuous improvement of products and services
d. Customer focus

19

20

Project communication with the customer is crucial to a projects success. This communication takes
place between the executives, project mangers, and employees of both the customer and the
contractor. The key of success is that the formal communication should go through
a. The project managers
b. The project sponsors
c. Employees on both sides
d. Functional managers

21

One of your subcontractors has an activity to perform, which resides on your critical path. This would
most likely be referred to as:
a. An external dependency
b. Soft logic
c. Hard logic
d. A mandatory dependency

22

Which of the following techniques cannot a project manager practice to use their time more
efficiently?
a. Send out the agenda for every meeting
b. Use CPM instead PERT
c. Do the difficult tasks first
d. Delegation

23

The project team has just completed the initial project schedule and budget. The NEXT thing to do is:
a. Begin risk identification
b. Begin iterations
c. Determine communications requirements
d. Create a Gantt chart

24

Assume that you have a network where an activity on the critical path can be crashed by two weeks.
If the activity actually crashed by two weeks, then
a. The projects schedule will be reduced by 2 weeks
b. The available slack on the non-critical paths will increase
c. Crashing the project may change the critical path
d. The slack for that activity will be reduced

25

Using
a.
b.
c.
d.

26

Approved corrective action is an input to:

a. Scope control and scope verification.
b. Direct and Manage project execution and integrated change control.
c. Develop project management plan and develop project charter.
d. Develop project management plan and schedule development.

table 3, the internal rate of return in a 5 year period, for project R is closest to:
6.5%
10.0%
14.0%
16.5%

27

The probability that a product will not fail for a given period, when it is used under given conditions, is
referred to as
a. Reliability
b. Desirability
c. Durability
d. Conformance
Filtering information in a project could occur through
a. Feedback
b. Withholding
c. Complete transmittal of information
d. Writing the important messages

28

29

Networks that allow for looping, repetition, or conditional branches are called:
a. PERT
b. GERT
c. PDM
d. CPM

30

Most project management leadership theories focus on all of the following aspects of leadership
except:
a. Functional background of the project manager
b. Functional background of the subordinates
c. Behavioral style of the project manager
d. Usefulness of authority and power in leadership

31

Part way through your project, your customer (external) goes through a massive restructuring of their
organization. Your project is still going on with no scope or specification changes requested by the
customer. Which of the following documents, if any, would probably be expected to change because
of the customers restructuring?
a. Scope baseline
b. Scope management plan
c. WBS
d. Work authorization forms

32

The critical path in a project is determined by

a. A forward pass
b. A forward pass and then a backward pass
c. A backward pass
d. Finding the shortest path

33

Using table 4, a comparison of the cost variance of August as compared to that of July shows that the
magnitude ($value) of the variance has _________ and the percentage change has _____________
a. Become worse, become worse
b. Become worse, improved
c. Improved, improved
d. Improved, become worse

34

A project has had some problems, but now seems under control. In the last few months almost all the
reserve has been used up and most of the negative impacts of events that had been predicted have
occurred. There are only four activities left and two of them are on the critical path. Management now
informs the project manager that it would be in the performing organizations best interest to finish
the project two weeks earlier than scheduled in order to receive an additional profit. In response, the
PM sends out a RFP for some work that the team was going to do, in the hopes that another company
might be able to do the work faster. Te PM can BEST be said to be attempting to work with:
a. Reserve.
b. Opportunities.
c. Scope Verification.
d. Threats.

35

A customer asks a contractor to develop a new product for the customer. The customer knows that
the contractor will then transfer this knowledge to other product lines, which may generate
substantial future revenue for the contractor. The customer would most likely negotiate which type of
contract?
a. FFP
b. Cost sharing
c. Time and Materials
d. FPIF

36

37

Trying to coach a team member, the project manager may provide all of the following except
a. Some potential solutions for problems
b. Support for the teams efforts
c. Specific instructions
d. Examples based on his/her experience
Using the figure 1, how many weeks can activity F slip without extending the end date of the project?
a. 1 week
b. 2 weeks
c. 3 weeks
d. 4 weeks

38

Based on the Thamhain and Wilemon study, ____________ conflicts generate the highest intensity
relative to other sources of conflict over the entire project life cycle
a. Schedule
b. Interpersonal
c. Technical
d. Cost

39

The most common level in a WBS used to identify the project office/management support is level:
a. 1
b. 2
c. Work package
d. Any level is possible

40

Consider table 2, where the consecutive activities A, B, C, and D are the critical path of your project.
Using PERT, the expected time for the critical path is:
a. 15 weeks
b. 17.5 weeks
c. 18 weeks
d. 20 weeks

41

At what interest rate would a future lump sum payment of $10,000, five years from now have a
present value of $3,700
a. 18%
b. 22%
c. 25%
d. 34.1%

42

You have reviewed the schedule and have discovered that the project is going to be later than
originally communicated. Your boss has asked you not to tell this to your customer even though he
agrees that there is no way to shorten the schedule. You have an upcoming status meeting with the
customer later on that same day. What should you do?
a. Cancel the status meeting with the customer
b. Call the customer and explain your dilemma to them in confidence
c. Explain to your boss that it is unethical to knowingly report an incorrect status to anyone on
the project
d. Ask your boss to put his request to you in writing

43

During the implementation phase of a new system project, problems may occur that could ultimately
result in a loss of sales to the company. This is an example of:
a. Unpredictable risk
b. External risk
c. Business risk
d. Pure risk
5

44

Which
a.
b.
c.
d.

type of contract has no profit margins included?

Cost, and Cost sharing
Fixed price
Time and Materials
Purchase order

45

It is generally acceptable practice that if one of your clients makes an informal request of you, then
you should respond
a. Formally in writing
b. With a memo
c. Informally
d. Formally and face to face

46

47

Which of the following is not true about a network logic diagram using the Arrow diagramming Method
(ADM)?
a. Project work is represented on the arrows
b. Project work is represented on the nodes
c. Dummy activities may be required
d. Project work is represented between the nodes
Project managers need to resolve conflicts primarily with:
a. Superiors
b. Subordinates
c. Functional personnel
d. Sponsor

48

Your program manager has come to you, the PM, for help with a bid for her newest project. You want
to protect your company from financial risk. Your have limited scope definition. What is the BEST type
of contract to choose?
a. Fixed Price
b. Cost plus percent of cost
c. Cost plus fixed fee
d. Time and materials

49

A conflict of interest should be

a. Resolved quietly
b. Disclosed openly
c. Monitored carefully
d. Ignored deliberately

50

CPM, PERT, ADM and PDM are all used to:

a. Assign people to activities
b. Plan, schedule and control projects
c. Quantify the WBS
d. Estimate the risk of the project

51

Parametric estimates are not based upon

a. Historical data
b. Physical characteristics such as capacity
c. Statistics
d. Actual estimates of activity duration

52

A risk
a.
b.
c.
d.

53

The comprehensive review of the procurement process from planning through contract administration
is referred to as:
a. Post-contract evaluation
b. Post mortem
c. Procurement performance evaluation
d. Procurement audit

may be defined as an event which may occur in the _______________ of the project
Manager
future
Length
Budget

54

What is the equation used to figure out the number of potential communication channels between X
team members?
a. x(x-2)/2
b. x(x-1)/2
c. x(x+1)/2
d. x(x+2)/2

55

The current project performance report indicates that the Schedule Performance Index (SPI) is 1.25.
This information indicates that the project is:
a. Probably ahead of schedule
b. Probably behind schedule
c. 25% behind schedule
d. Performing well respect to the schedule

56

The basic difference between power and authority is that:

a. There is no substantial difference
b. Power is granted by subordinates while authority can be delegated by ones superior
c. Authority deals with people issues and power deals with management ones
d. The power is given with the title

57

Individuals or organizations with active involvement or active interest in a project are called:
a. Team members
b. Parent organizations
c. Client organization
d. Stakeholders

58

59

A project manager has a choice of when to begin procurement. Procurement can begin at any time
after the preparation of the bill of materials begins. This would most likely be an example of
a. Hard logic
b. Soft logic
c. Mandatory dependency
d. External dependency
The future value of $2,000 invested at 8.5% for three years will be
a. $555
b. $2,510
c. $2,555
d. $3,210

60

An owner requests a contractor to provide a payment bond. This is an example of

a. Risk reduction
b. Risk assumption
c. Risk transfer
d. Risk assurance

61

Which
a.
b.
c.
d.

62

By active listening, a project team member

a. Makes the person who is speaking feel flattered
b. Uses an excessive amount of non-verbal signals
c. Second guesses what other team members say
d. Improve the understanding of the message

63

Which
a.
b.
c.
d.

of the following is equivalent to a lump sum contract?

Fixed price contract
Time and material
Purchase order
Cost plus contract

of the following is not important in a fully integrated team?

Commitment to team objectives
Interdependence
High conflicts
Shared interests

64

The term that best describes the right to manipulate or change others is called:
a. Authority
b. Power
c. Leadership
d. Coerciveness

65

Which
a.
b.
c.
d.

of the following is not a scope management process?

Scope planning
Scope definition
Scope reporting
Scope verification

66

Which
a.
b.
c.
d.

of the following sources does not provide data on duration and estimating?
Project files (existing or historical)
Commercial (standard practice) techniques
Expert opinion
Project Charter

67

The formula EAC=BAC/CPI, assumes that

a. All work downstream will be completed at the planned expenditures
b. All work downstream will be completed at the planned expenditures, excluding the work
package currently under way
c. All work downstream will be completed based upon current cost efficiency
d. The cost efficiency cannot change during the project

68

69

In a Cost Plus Award Fee contract, which of the following constraints is likely to be the first sacrificed?
a. Time
b. Cost
c. Performance
d. Incentive
A project manager has very little project experience but he has been assigned as the project manager
of a new project. Because he still is working in a matrix organization to complete his project, he can
expect communications to be
a. Simple
b. Open and accurate
c. Complex
d. Hard to automate

70

The swiftest and most effective communications take place among people with
a. Common points of view
b. Advanced degrees
c. The ability to reduce perception barriers
d. Good encoding skills

71

Which of the following statement is true about conflicts?

a. The relative intensity among conflict sources remains similar over the project life cycle
b. Schedules and priorities are the most common sources of conflict in the early stages of the
project
c. The overall conflict intensity remains constant during the project life cycle stages
d. Sponsor is the person who most manage the personnel conflicts

72

Conflict resolution techniques that may be used on a project include confronting, smoothing, forcing
and?
a. Withdrawing.
b. Directing.
c. Problem Solving.
d. Controlling.

73

Any measurable, tangible, verifiable item that must be produced to complete the project is a
a. Deliverable
b. Data item list
c. Work package
d. Objective
8

74

When
a.
b.
c.
d.

preparing a network, hard logic refers to:

Discretionary dependencies
Mandatory dependencies
External dependencies
Any real dependency

75

Looking at figure 5, the status of the project is:

a. Over budget
b. Under budget
c. Ahead of schedule
d. Behind schedule

76

Which
a.
b.
c.
d.

77

The procurement document used to solicit responses from potential contractors or sellers, primarily
concerning price, is usually referred to as the
a. RFP
b. RFQ
c. SOW
d. Solicitation plan

78

The progress reporting process can be defined as

a. Describing what the project team has accomplished
b. Describing where the project now stands
c. Predicting future project status and progress
d. Updating project progress

79

Which
a.
b.
c.
d.

80

When an employee is terminated from a project, the project manager is enforcing _____________
power:
a. Legitimate (formal)
b. Coercive (Penalty)
c. Expert
d. Reward

81

A good definition of project success is getting the project completed:

a. Within time
b. Within time and cost
c. Within time, cost, and technical performance requirements
d. Within time, cost, performance and accepted by the customer/user

82

Your team has prepared a CPM schedule for your review. You notice that one node has six inputs
(including two dummy activities) and four outputs (which include one dummy activity). Select the
correct statement from the following:
a. This is a valid representation if the logic is correct
b. This is invalid because a node can have a maximum of one dummy input
c. This is invalid because the CPM cannot have dummy activities
d. This is invalid because the number of outputs must equal the number of inputs in each node

83

Which
a.
b.
c.
d.

of the following is not considered to be included in risk mitigation?

Reducing the potential profit margin of the risk event
Reducing the expected monetary value of the risk event
Reducing the probability of occurrence of the risk event
Reducing the cost of the risk event

of the following questions is a functional manager most likely to ask?

How much money is available to do the task?
Why will the task be done?
Who will do the task?
When will the task be done?

of the following is referred to as sunk cost

Management reserve
Cost budgeted for construction under water
Expended funds over which there is no further control
Forecasted budget over-runs
9

84

During the delivery of equipment to a project site, accidents may occur that could result in equipment
damage. This is an example of
a. Unpredictable risk
b. Uninsurable risk
c. Business risk
d. Pure risk

85

If the owner deems it necessary to have maximum flexibility to change scope and specifications of the
project, which of the following would be the most appropriate contract type for the owner?
a. Lump sum
b. Fixed Price incentive (Firm Target)
c. Cost Plus incentive Fee
d. Time and materials

86

The most significant problem area in project integration management is

a. Behavioral problems
b. Budget problems
c. Schedule updates
d. It depends on the type of project

87

Two stakeholders have begun fighting over functionality on your project. Who should resolve this
conflict?
a. Senior management
b. The sponsor
c. The customer
d. The project manager

88

Which
a.
b.
c.
d.

89

When facing conflicts with superiors, project managers should favor the _______ mode to resolve the
differences.
a. Smoothing
b. Compromise
c. Confrontation
d. Withdrawal

90

As your project begins to wind down, your team begins looking for other projects to work on. You, as
a project manager, should
a. Prevent your team from having dialogue with other projects
b. Threaten your team with penalty power should they not complete their work
c. Encourage your team to prepare their next project but remind them that they are still
accountable for the work remaining on your project
d. Do nothing yet

91

You have just taken over a project that is executing the work packages. AS you review the status of
the project, you become aware that the previous project manager reported milestones as being hit
that have not been reached. Additionally, the CPI is 0.88 and the SPI is 0.81. Management is
unaware of all of these facts. What should you do?
a. Crash the schedule to try to get things back in line
b. Explain the revised status to management
c. Refuse to take on this project assignment
d. Ask the key stakeholders for direction

92

Which
a.
b.
c.
d.

of the following is the most significant weakness of the Responsibility Assignment Matrix?
It takes too much time and resources to build
It is build without enough information about the project
it does not identify who is going to execute what
Saying that something is a fact or ought to happen does not make it happen

of the following is true about a milestone chart?

It is particularly effective in showing project progress
It consists of milestones each of which has a duration of zero
Consists of tasks on the critical path
They have to be deliverables

10

93

Using
a.
b.
c.
d.

table 3 and assuming that money is worth 10%, the net present value of Project Q is
$45,489
$9,489
$9,489
$54,978

94

Project risk is typically characterized by which three factors?

a. Risk event, risk probability, and the consequences of the risk
b. Severity of impact, duration of impact and cost of impact
c. Quality, frequency and cost
d. Risk event, risk probability, risk frequency

95

If Target cost=$10,000, Target Fee=$1,000, Sharing ratio 80/20, Fee ceiling=$1,300 and Fee
floor=$200, and if the actual cost of the work is $8,000, then the price of the work would be:
a. $9,400
b. $9,300
c. $11,400
d. $12,000

96

The true status of a project cannot be determined unless which of the following are jointly considered
a. Project schedule and cost analysis
b. Project schedule and employee responsibilities
c. Cost analysis and deliverables
d. Customer expectations and sponsor reporting

97

Project managers are expected to:

a. Participate as an effective member team doing real work during the project
b. Deal with personnel over whom they have little or no formal authority
c. Avoid crossing organizational lines
d. Solve any possible problem and issue during the project execution

98

You are working in a foreign county, trying to procure a piece of expensive industrial machinery. As
you evaluate the bids, one of the potential sellers calls you and mentions that he could probably get
25% of the price knocked off his bid, making his by far the most attractive price. In return, he asks
you to pay him on fifth of that amount as a show of your appreciation. What should you do?
a. Do what is necessary to secure the lowest bid for your company.
b. Ignore the offer and evaluate the bids as if this had not happened
c. Eliminate this sellers bid and notify the organization
d. Ask the seller if he could reduce the price by even more and assure him he will be well
rewarded for his efforts.

99

A project manager decides that the work package level should exist at level 4 on the WBS. What
percentage of the elements in the WBS must be structured down through level 4?
a. Above 60%
b. Above 75%
c. Above 90%
d. Less than 10%

100

The three most common types of WBS are:

a. Top down, bottom up, and organizational
b. System/subsystems, top down, and bottom up
c. System/subsystems, life-cycle phasing, and organizational
d. Life-cycle phasing, organizational and discretionary

101

Consider table 2. Using PERT, there is a 95% probability of completing the project within which of the
following ranges?
a. 18-26 weeks
b. 8.5-26.5 weeks
c. 14.5-20.5 weeks
d. 16.5-18.5 weeks

11

102

You are managing a $600,000 project which has a total of 1,000 hours planned. Your monthly status
report indicates that you have expended 250 hours but accomplished only 200 hours of work. The
earned value at this point in time is
a. $150,000
b. $120,000
c. $90,000
d. $140,000

103

To determine what causes the majority of quality problems in a process, a very useful tool is the
a. Cause and effect diagram
b. Flow chart
c. Pareto diagram
d. Trend chart

104

In which of the following contract types is it easiest to change the scope of the contract?
a. Firm Fixed Price
b. Fixed Price Plus Incentive Fee
c. Cost Plus Percentage of Cost
d. Fixed Price with adjustment

105

The functional managers major concern during integration activities is

a. The technical work to be done in his/her area
b. Scope verification
c. The cost of integration
d. The customers involvement during integration

106

Interpersonal conflicts are difficult to resolve in a project environment because:

a. The limited time of a project does not allow time for conflicts resolution
b. They involve ethics, morals, and value system factors
c. The organizational structure of the project hinders conflict resolution
d. The project manager does not have the authority to resolve conflicts

107

A detailed project schedule can be created only after creating the?

a. Project budget
b. WBS
c. Project Plan
d. Detailed risk assessment

108

The totally of tools and techniques used to gather, integrate, and disseminate outputs of the
processes is called
a. Project management information system
b. Input-output data flow
c. Progress reporting
d. Lessons learned

109

You are managing a project in which your line managers have a great deal of uncertainty over how
much time will be needed for each activity. The technique most useful in this case is:
a. PDM
b. ADM
c. PERT
d. CPM

110

A payment of $3,500 two years from now would be worth how much today, assuming a 10% interest
rate?
a. $2,825
b. $2,893
c. $3,182
d. $3,850

111

Standard Shewhart control charts assume that the distribution of sample means is
a. Uniform
b. Normal
c. Discrete
d. Beta
12

112

Back charge refers to

a. Transferring charges from sub-contractors to the owner
b. Adjusting payments to reflect late invoices
c. The cost of corrective action taken by the owner and charged to the contractor for nonconformance
d. Gaining restitution from the owner for non-payment

113

The greater the need for project integration, the greater the project managers __________skills
need to be.
a. Communication
b. Delegation
c. Supervisory
d. Flexibility and adaptability

114

Employee unions would primarily satisfy which level in Maslows hierarchy of needs?
a. Belonging
b. Self-esteem
c. Safety
d. Empowerment

115

The totality of all the products and services to be provided as a project is called:
a. The scope of the project
b. The deliverables of the product
c. The project charter
d. The management plan

116

Your project team has begun execution of the work packages, when you discover that two of the team
members do not have all of the skills needed to finish the project. The team members will nee to
undergo some training in order to complete their tasks. What is the best thing you can do?
a. Help them get the necessary training
b. Contact human resources to find out why they did not have necessary training
c. But some books, and let them learn by doing the work
d. Ask the customer to invest in training the resources.

117

What percent of most projects is completed within time, cost, and quality without having to go
through any tradeoffs or scope changes?
a. Virtually none
b. 2 5%
c. 5 10%
d. 10 25%

118

Which
a.
b.
c.
d.

of the following cannot affect network durations?

Skill base of the resource pool
Calendar dates
Productivity level
Quality assurance

119

If the
a.
b.
c.
d.

potential benefits of a project outweigh the cost by a factor of 4.5

The project should be undertaken
A cost-benefit analysis must be performed
A risk analysis must be performed immediately
Probably the risk is too high, so better think twice

120

Which
a.
b.
c.
d.

of the following is not true about benchmarking?

Concentrates on studying the best companies in the same industry
Allows a project or organization to measure its performance against the best-in-class
Is a tool for breakthroughs in process improvement
Provides a method for goal setting

121

Which
a.
b.
c.
d.

of the following contract types has the highest technical risk to the owner?
Firm Fixed Price
Time and Materials
Cost Plus Fixed Fee
Cost Plus Incentive Fee
13

122

The document that ties together cost, schedule, functional assignments, and risk management is the:
a. WBS
b. Scope management Plan
c. Work authorization form
d. S-curves

123

An organizations culture consists of:

a. Explicit and implicit agreements on what is important among organizational members
b. Employees personalities
c. The regions where people is living now
d. The policies and processes that the company enforce

124

125

In which of the following processes do we prepare a scope management plan?

a. Initiation (authorization)
b. Scope planning
c. Scope definition
d. Scope verification
All of the following are part of the teams stakeholders management effort EXCEPT:
a. Giving stakeholders extras
b. Identifying stakeholders
c. Determining stakeholders needs
d. Managing stakeholders expectations

126

Changes to the WBS or the accompanying schedules are most often referred to as
a. Scope changes
b. Decomposition
c. Refinements
d. Scope adjustments

127

If in the current period, PV=40, EV=45 and AC = 50, and cumulative PV=450, EV=500, AC=600 and
BAC=1,000, the actual percent complete is:
a. 40%
b. 45%
c. 50%
d. 60%

128

The use of quality circles

a. Has proven ineffective in both Japan and the USA
b. Is particularly effective in overcoming labor-management conflicts
c. Provide a quick fix for most quality problems
d. Allows workers the opportunity to generate solutions for chronic quality problems

129

Which
a.
b.
c.
d.

130

The person responsible for integrating the mechanical engineering departments activities into the
other project activities is usually the
a. Mechanical engineering department manager
b. Project office director
c. Project management
d. Functional manager

131

The major short coming of evaluating project functional employees, by having all project and
functional managers evaluate them at the same time is:
a. Managers cannot be honest in such a setting
b. Applicability to small companies due to the large time involvement required of key personnel
c. Everybody in the company will know each others weaknesses, fostering gossip and mistrust
d. Employees involved in more than one project will be unfairly evaluated

of the following is not an appropriate reason to use financial incentives in a contract?

Reduce the overall schedule
Improve the performance beyond the minimum required by the contract
Bring the contractors objective closer to the owners
Keep an unhappy project team member on the project team

14

132

You have been assigned as a project leader and must first review the statement of work provided by
the customer. Which of the following are you most likely to overlook?
a. Data item deliverables (Reports and final documents)
b. Long-lead procurement items
c. Customer-imposed milestones
d. Other subcontractor interface requirements

133

In which of the following processes do we first utilize subject matter experts?

a. Develop Project Charter
b. Scope planning
c. Scope definition
d. Develop preliminary PSS

134

Using table 2 and PERT, what is the number of weeks required to ensure a 95.7% probability of
completing this project
a. 17.5 weeks
b. 18.5 weeks
c. 20.5 weeks
d. 23.5 weeks

135

Which
a.
b.
c.
d.

136

The Taguchi Loss Function states that

a. As variation from the target value increases, loss increases
b. As variation from the target value increases loss decreases
c. As variation from the target value increases quality increases
d. There in no loss as long as the project meets specifications

137

Which one of the following factors should not be considered as a very important, in the make or buy
analysis?
a. Indirect cost
b. Possible use by other projects and/or operations of the asset under consideration
c. People capabilities and availability
d. Procurement policies

138

When a project manager communicates project work to the team, which of the following guidelines
should be followed?
a. Have very high expectations of team members
b. Make sure that the team member will not use an unusual way to do the project work
c. Recognize and reward good performers
d. Start looking for friendship

139

The project managers ability to influence others whose cooperation and support are crucial to the
project is called:
a. De facto authority
b. Charter authority
c. Legal authority
d. Referent power

140

Proper
a.
b.
c.
d.

of the following is true about reserves?

They are provisions in the project plan to eliminate risk
They are unplanned in advance of the occurrence of the risk event
They are primarily intended to be used for scope changes
They are usually intended to reduce the risk of missing cost or schedule objectives

implementation of project management will guarantee that:

Budgets & schedules will be met
Quality/performance will be met
The project will be a success
There is no guarantee

15

141

Which of the following is not true about a network logic diagram using the Precedence diagramming
Method?
a. Both lead and lag relationships can be included in the network
b. Any or all the following types of relationships can be included in the same network: Start to
start, start to finish, finish to start and finish to finish
c. Dummy activities may be required
d. It may be used in conjunction with PERT or CPM

142

Activities P, Q and R are each the immediate predecessors for activity T. if the earliest finish times for
P, Q and R are 8, 10 and 12 weeks respectively, then the earliest start time for activity T is
a. 8 weeks
b. 10 weeks
c. 12 weeks
d. 20 weeks

143

Based on historical data, the amount of over time associated with the execution of a particular project
is estimated at 100 hours with 50% probability, 200 hours with 40%, and 300 hours with 30% of
probability. The expected value of the amount of overtime is
a. 100
b. 200
c. 220
d. 270

144

Cost of quality does not include

a. Appraisal cost
b. Internal failure
c. Prevention cost
d. Operation and maintenance cost

145

Feedback can help the project manager achieve all o the following except:
a. Ensure that the instructions given have been understood
b. Strengthen the message that was communicated
c. Avoid all communication issues
d. Motivate the project team

146

Which
a.
b.
c.
d.

147

Consider a project manager who bargains and searches for solutions that bring some degree of
satisfaction to the parties in dispute. Characterized by a give-and-take attitude, he/she is using a
_______________ mode to deal with conflicts.
a. Confrontational
b. Compromise
c. Withdrawal
d. Smoothing

148

You are assigned as a project manager for a fixed price project your company won through
competitive bidding. You read over the negotiated SOW and realize that the sales force underbid the
project by 20% just to win it. You should FIRST:
a. Ask your contract administrator to submit a change request to the customer for the additional
20%
b. Ask your sponsor for help/advice
c. Ask your line managers to develop a scope baseline that falls within the planned budget, if
possible
d. Delete some of the scope without telling the customer

149

Using
a.
b.
c.
d.

of the following may be actively involved during project integration management activities?
Project manager
Project manager and project office
Project manager, project office and functional team
Project manager, project office, functional team and sponsor

the figure 1, what is the critical path

A-B-G
C-G
C-D
E-F
16

150

If the
a.
b.
c.
d.

yearly positive cash flow increases, the payback period will

Increase
Decrease
Probably but not for sure increase
Probably but not for sure decrease

151

A project managers utility function describes the project managers

a. A function to use of historical data in risk assessment
b. Risk identification strategy
c. Attitude toward risk
d. A function to determine the expected value for a particular risk

152

In a project, ten out of 1,000 parts need to be reworked before they get shipped to the customer.
The rework cost is part of
a. Normal variation
b. Appraisal cost
c. Inspection cost
d. Internal failure cost

153

Project management software are useful for all the following except:
a. Can be used as a communication tool
b. Is a class of computer applications
c. Can assist with both planning and controlling project costs and schedules
d. Guarantees on time project completion

154

On small projects, integration is

a. The responsibility of the project manager
b. The responsibility of each team member
c. The responsibility of the project sponsor
d. Not required

155

Mary is a project manager. She is more likely to gain support from the project team through:
a. Penalties and promotions
b. Salary incentives
c. Referent power
d. Authority and expertise power

156

A technique used to validate that the project can meet the technical/business objectives set forth by
senior management is a
a. Scope verification
b. Cost-benefit analysis
c. WBS decomposition
d. Milestone schedule

157

Which
a.
b.
c.
d.

158

During a project review meeting, you discover that your $250,000 project has a negative (behind)
schedule variance of $20,000, which equates to 12% of the work scheduled to this point in time. You
can therefore conclude that
a. The project will be completed late
b. The costs are being overrun
c. Overtime will be required to maintain the original critical path
d. There is not enough information to make up a conclusion

of the following is true about a bar (Gantt) chart?

It is particularly effective in showing project progress
It is particularly effective in showing logical relationships between project tasks
It is mainly used for critical path analysis
It has become obsolete with the availability of large-scale computer programs for time
management

17

159

In deciding to bid on a given project, probabilities of all possible profit or loss outcomes are known
based on prior experience with similar projects. This would be an example of decision making under
a. Certainty
b. Risk
c. Uncertainty
d. Pure risk

160

The difference between the average measurement and the true (or standard) value of the measure is
known as
a. Accuracy
b. Precision
c. Repeatability
d. Refining

161

162

Paraphrasing is most closely associated with which part of the communication process?
a. Decoding
b. Barriers
c. Feedback
d. Noise
A project managers boss and the head of engineering discuss a change to a major task. After the
meeting, the boss contacts the project manager and tells him to make the change. This is an example
of
a. Management attention to scope management
b. Management planning
c. A project coordinator position
d. A change control system

163

Highly
need:
a.
b.
c.
d.

successful technical professionals concentrate on inventing and publishing in order to fulfill this
Self-esteem
Self-actualization
Belonging
Approval

164

A change control board is convened to recommend a scope change to the customer. The smallest
group of people in attendance should be:
a. Customer and contractors project manager
b. Customer project manager, contractors project manager, and the person (technical)
requesting the change
c. Both project managers, the technical person requesting the change, the customer, and the
contractors project sponsors
d. Only the contract administrators

165

The current project performance report indicates that the Schedule Variance (SV) is 50. This
information indicates that the project is
a. On schedule
b. Ahead of schedule
c. Behind schedule
d. Slightly behind schedule

166

Using
a.
b.
c.
d.
e.

167

The highest degree of project risk and uncertainty is associated with which phase of the project?
a. Conceptual
b. Execution
c. Planning
d. Operation

Table 3, estimate the payback period for project R

3 years
3 years, 4 months
3 years, 6 months
4 years
4 years, 4 months

18

168

Which
a.
b.
c.
d.

of the following is not representative of todays views of the quality management process?
Root causes of defects should be investigated
Specifications should be focused on as a primary tool for quality improvement
The responsibility for quality lies primarily with management but everyone should be involved
Problem identification leads to cooperative solutions

169

Administrative closure does not include

a. Project archives
b. Formal acceptance
c. Celebration
d. Contract close-out

170

Which of the following organizational structure has the greatest need for project integration
management?
a. The matrix form
b. The expeditor form
c. The coordinator form
d. The classical form

171

Consider a project manager who de-emphasizes or avoids areas of difference and emphasizes areas
of agreement. He/she is using a ____________________ mode to deal with conflicts.
a. Smoothing
b. Compromise
c. Confrontational
d. Withdrawal

172

A project team member is talking to another team member and complaining that so many people are
asking him to do things. If he works in a functional organization, who has the power to give direction
to the team member?
a. The project manager
b. The functional manager
c. The sponsor
d. The Project Office manager

173

Your organization is having a difficult time managing all of its projects. You have been asked to help
senior management understand this. Which of the following types of reports would help provide
summary information to senior management?
a. Detailed cost estimates
b. Project plans
c. Gantt charts
d. Milestone reports

174

You have just been assigned as the project manager for a new telecommunications project. There
appear to be many risks on this project, but no one has evaluated them to assess the range of
possible project outcomes. What needs to be done?
a. Risk identification
b. Risk quantification
c. Risk response planning
d. Risk monitoring and control

175

You are managing a six month project and have held bi-weekly meetings with your project
stakeholders. After five-and-a-half months of work, the project is on schedule and budget, but the
stakeholders are not satisfied with the deliverables. This situation will delay the project completion by
one month. The MOST important process that could have prevented this situation is:
a. Risk monitoring and control
b. Schedule control
c. Scope planning
d. Scope change control

19

176

You are about to take over a project from another project manager and find out the following
information about the project. Task Z has an early start of day 15 and a late start of day 20, task Z is
a difficult task. Cost Performance Index is 1.1, Schedule Performance Index is 0.8 and there are
eleven stakeholders on the project. Based on this information, which of the following would you be
the MOST concerned about?
a. Schedule
b. Float
c. Cost
d. The number of available resources

177

While completing a project, a project manager realizes he needs to decrease project costs. After
researching his options, he comes up with the following choices. Which choice would DECREASE
project costs?
a. Change to component A from component B. Component A costs more to purchase but has a
lower life cycle cost than B
b. Change task A to be completed by resource B instead of resource C. Resource B is a more
experienced worker
c. Move tasks B and H to occur concurrently, and take the risk of a 30% increase in the need for
five more resources later
d. Remove a test from the project plan

178

The customer requests a change to the project that would increase the project risk. Which of the
following should you do before all the others?
a. Include the expected value of the risk in the new cost estimate
b. Talk to the customer about the impact of the change
c. Analyze the impacts of the change with the team
d. Change the risk management plan

179

The construction phase of a new software product is near completion. The next phase is testing and
implementation. The project is two weeks ahead of schedule. What should the project manager be
MOST concerned with before moving on the final phase?
a. Scope verification
b. Quality control
c. Performance reports
d. Cost control

180

During the project execution, a large number of changes are made to the project. The project
manager should:
a. Wait until all changes are known and print out a new schedule
b. Make changes as needed but retain the schedule baseline
c. Make only the changes approved by management
d. Talk to management before any changes are made

181

During project execution, a team member identifies a risk that is not in the risk response plan. What
should you do?
a. Analyze the risk
b. Get further information on how the team member identified the risk, because your already
performed a detailed analysis and did not identify this risk
c. Disregard the risk, because risks were identified during planning
d. Inform the customer about the risk

182

During project execution, a project team delivers a project deliverable to the customer. However, the
customer neither acknowledges the deliverable nor replies to the project mangers requests for
verification. What is the BEST thing to do?
a. Continue with the project
b. Document the situation
c. Contact management for help
d. Call a meeting of the team

20

183

During project execution, a major problem occurred that was not included in the risk response plan.
What should you do FIRST?
a. Create a workaround
b. Re-evaluate the risk identification process
c. Look for any unexpected effects of the problem
d. Tell management

184

At the end of a project, a project manager determines that the project has added four areas of
functionality and three areas of performance. The customer has expressed satisfaction w9oth the
project. What does this mean in terms of success of the project?
a. The project was an unqualified success
b. The project was unsuccessful because it was gold plated
c. The project was unsuccessful because the customer being happy means they would have paid
more for the work.
d. The project was successful because the team has a chance to learn new areas of functionality
and the customer was satisfied

185

As project manager for a small construction company has a project that was budgeted for $130,000
usd over a six-week period. According to her schedule, the project should have cost $60,000 usd to
date. However, it has cost $90,000 usd to date. The project is also behind schedule, because the
original estimates were not accurate. Who has the PRIMARY responsibility to solve this problem?
a. Project manager
b. Senior management
c. Project sponsor
d. Manager of the project office

186

A team member notifies you, after the fact, that she has added extra functionality to the project.
There was no impact on the cost or schedule. What should be done as a result of this change?
a. Inform the customer
b. Make sure marketing is aware of the change
c. Understand what functionality was added
d. Implement change control processes to track the change

187

You have started managing a project in a country that observes nearly double the amount of holidays
that your home country takes. Additionally, each team member from this country receives three
more weeks of vacation each year than you do. What is your MOST appropriate course of action?
a. Authorize the same amount of vacation time for your team and explained them that this is in
order to preserve team equality
b. Use the other countys vacation and holidays as schedule constraints
c. Allow the extra vacation for that countrys team, but request that they produce the same or
better results as your team
d. Try to get this part of the project relocated to a different county with a stronger work ethic

188

A project team member comes to the project manager during project execution to tell him that they
feel the project cannot meet its quality standards. The project manager calls a meeting of the
affected stakeholders to work through the problem. Which step of the quality management process is
the project manager in?
a. Quality assurance
b. Quality analysis
c. Quality control
d. Quality planning

189

A project manager is managing a fixed price contract. She thinks that a large customer-requested
change might impact the schedule of the project. What should she do FIRST
a. Meet with the stakeholders
b. Meet with the team
c. Renegotiate the reminder of the contract
d. Follow the change control system

21

190

A customer has given you a scope of work for a complex, eight month project that has a few
unknowns. The customer has asked you to just get it done and only wants to see you at the end of
eight months when you deliver the finished project. Under these circumstances, which of the following
is the BEST thing to do?
a. Complete the project as requested, but verify its scope with the customer occasionally
throughout
b. Complete the project within eighth months without contacting the customer during this time
c. Ask management to check in with the customer occasionally
d. Complete the project, but document that the customer did not want contact

191

During project execution, a major problem occurred that was not included in the risk response plan.
What should you do FIRST?
a. Tell management and customer
b. Look for any unexpected effects of the problem
c. Analyze why happened this particular risk, and you didnt consider it before
d. Create a workaround

192

During planning, a project manager discovers that part of the scope of work is undefined. What
should the project manager do?
a. Issue a change to the project when the scope is defined
b. Remove the scope of work from the project and include it in the upgrade to the project
c. Do what they can to get the scope of work defined before proceeding
d. Continue to plan the project until the scope of work is defined

193

The engineering department wants the project objective to be a 10% improvement in throughput.
The information technology department wants no more than 5% of its resources to be used on the
project. Management, who is also your boss, wants the project team to decrease tax liability. The
BEST thing you can do is:
a. Put a plan together that meets all the objectives
b. Have these people get together and agree on one objective
c. Include the engineering and information technology objectives but hold further meetings
regarding managements objectives
d. Include only managements requirements

194

Using
a.
b.
c.
d.

195

Using figure 1, if activity A delays 4 weeks, and activity G delays 3 weeks, instead the 3 and 2 weeks
originally planned, the impact on the net are:
a. The project will take 2 weeks more in total time
b. Nothing happened because this activities are not in the critical path
c. Now there are two critical paths
d. The critical path change to A-B-G, and the project time increase in one week

196

If you are the project manager of a project with a net showed in the figure 1. Now it is ending the
week 4 of execution. In the performance reports you confirm that activity B is not beginning yet, and
also you notice that activity E is reported with 80% of progress and activity C is reported with 50% of
progress. What is the FIRST thing you should do:
a. Call a meeting with people on activity E, which is already behind schedule, to review how to
recover the delay
b. Call a meeting with all the team to review why they are missing their schedule targets
c. Call a meeting with people on activities E and B to review why they are out of schedule and
take proactive actions to solve the problem
d. Call a meeting with people on activity B to see what to do in order to start the activity and
recover the delay

table 4, ____________ had the best and _________ had the worst cost performance.
June, July
June, August
July, June
August, July

22

197

You have been assigned to a project for a new software product that you do not believe will succeed.
You have made these feelings clear to your company, but they wish you to work on the project
anyway. What would be the BEST thing to do in this case?
a. Excuse yourself from the project
b. Escalate the situation to the customer
c. Mange the project
d. Resign from the company

198

You just hold the Kick off meeting of a project that has the following activity dependencies and
duration estimations:
Activity

Precedence

Duration in weeks

Start

Start

A,B

C,B

Finish

D,G,H

You already compromised the schedule, based on start the project next Monday. The team member
who is going to perform activities A, C and G is telling you that he has a personal issue, and he has to
be out of the office the complete 3rd week (in the middle of activity A). You know, he is a very good
performer and the team like him. What of the following is the best thing to do:
a. You denied the permission, and force the team member to stay at the office until he finish his
assignment
b. Talk to management to review the case, and decide what to do
c. Talk to the team member to review the possibility to delay his time out of office. If this is not
possible, you allow the absence and explain the situation to the rest of the team
d. Allow the absence and find a substitute for the week the team member will be out of the
office.

199

Using the chart of activities in question 198, what is the project duration, and what is the slack of
activity G
a. 19, 2
b. 18, 0
c. 20, 2
d. 20, 1

200

The project is calculated to be completed four days after the desired completion date. You do not
have access to additional resources. The project is low risk, the benefit cost ratio is expected to be
1.6, and the dependencies are preferential. Under these circumstances, what would be the BEST thing
to do
a. Cut resources from a task
b. Make more tasks concurrent
c. Move resources from the preferential dependencies to the external dependencies
d. Remove a task from the project

23