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This practice quiz contains 20 questions, provided by Whizlabs Software.

Which of the following is a tool used to secure expert judgment?

Question 1:

A. Peer Review
B. Delphi Technique
C. Expected value technique
D. Work Breakdown Structure (WBS)

 

Question 2:

Based on the information provided below, which project would you recommend for being pursued?

Project I, with BCR (Benefit Cost ratio) of 1:1.6;
Project II, with NPV of US $ 500,000;
Project III, with IRR (Internal rate of return) of 15%
Project IV, with opportunity cost of US $ 500,000.

A. Project I
B. Project III
C. Either Project II or IV
D. Can not say from the data provided

 

Question 3:

What should be done by the project manager to ensure that all work in the project is included?

A. Create a contingency plan
B. Create a risk management plan
C. Create a WBS
D. Create a scope statement

 

Question 4:

What kind of a relationship is implied when completion of a successor is dependent on initiation of its predecessor?

A. FS
B. FF
C. SS
D. SF

 

Question 5:

What should a project manager do or follow to ensure clear boundaries for project completion?

A. Scope verification
B. Completing a scope statement
C. scope definition
D. Risk management plan

 

Question 6:

An organization is certified to a stringent environmental standard and uses that as the key differentiator with its competitors. Alternative identification during scope planning for a particular project has thrown up an expeditious approach to achieve a project need, but this involves a risk of environmental contamination. The team evaluates that the likelihood of the risk is very low. What should the project team do?

A. Drop the alternative approach
B. Work out a mitigation plan
C. Procure an insurance against the risk
D. Plan all precautions to avoid the risk

 

Question 7:

The following three tasks form the entire critical path of the project network. The three estimates of each of these tasks are tabulated below. How long would the project take to complete expressed with an accuracy of one standard deviation?

Task  Optimistic  Most likely  Pessimistic  
A 15 25 47
B 12 22 35
C 16 27 32
A. 75.5
B. 75.5 +/- 7.08
C. 75.5 +/- 8.5
D. 75.5 +/- 2.83

 

Question 8:

After a study of the work processes on a project, a quality audit team reports to the project manager that irrelevant quality standards were being used by the project, which might lead to rework. What was the objective of the project manager in initiating this study?

A. Quality control
B. Quality planning
C. Checking adherence to processes
D. Quality assurance

 

Question 9:

Which of the following provides the foundation for team development?

A. Motivation
B. Organizational development
C. Conflict management
D. Individual development

 

Question 10:

Which of the following is NOT an input to project plan execution?

A. Work authorization system
B. Project plan
C. Corrective action
D. Preventive action

 

Question 11:

A project manager would find team development the most difficult in which form of organization?

A. Weak Matrix organization
B. Balanced Matrix organization
C. Projectized organization
D. Tight Matrix organization

 

Question 12:

The project manager of a large multi-location software project team has 24 members, out of which 5 are assigned to testing. Due to recent recommendations by an organizational quality audit team, the project manager is convinced to add a quality professional to lead the test team at additional cost, to the project.

The project manager is aware of the importance of communication, for the success of the project and takes this step of introducing additional communication channels, making it more complex, in order to assure quality levels of the project.

How many additional communication channels are introduced as a result of this organizational change in the project?

A. 25
B. 24
C. 1
D. 5

 

Question 13:

Once the project is complete, the complete set of project records should be put in which of the following?

A. Project archives
B. Database
C. Storage room
D. Project report

 

Question 14:

Which of the following is a common format for performance reporting?

A. Pareto diagrams
B. Bar charts
C. Responsibility assignment matrices
D. Control charts

 

Question 15:

If the cost variance is positive and the schedule variance is also positive, then it indicates that …

A. Project is under budget and behind schedule
B. Project is over budget and behind schedule
C. Project is under budget and ahead of schedule
D. Project is over budget and ahead of schedule

 

Question 16:

During execution of a project, an identified risk event occurs that results in additional cost and time? The project had provisions for contingency and management reserves. How should these be accounted for?

A. Contingency reserves
B. Residual risks
C. Management reserves
D. Secondary risks

 

Question 17:

Which one of the following is the last step of project closing?

A. Client has accepted the product
B. Archives are complete
C. Client appreciates your product
D. Lessons learned are documented

 

Question 18:

Who should be involved in the creation of lessons learned, at closure of project? (choose the BEST answer)

A. Stakeholders
B. Project team
C. Management of the performing organization
D. Project office

 

Question 19:

An organization has recently started outsourcing work to a low cost, high value engineering center located in a different country. Which of the following should the project manager ensure for the team as a proactive measure?

A. A training course on the laws of the country
B. A course on linguistic differences
C. An exposure to the cultural differences
D. A communication management plan

 

Question 20:

While reviewing the progress, the project manager assesses that an activity has been missed out from the implementation plan. A milestone, scheduled to be achieved within another week, would be missed with the current implementation plan.

Which of the following is the next best action for the project manager in this situation?

A. Report the error and the expected delay
B. Omit the status update on the milestone
C. Report the error and the planned recovery actions
D. Assess alternatives to meet the milestone

 

Congratulations, you have completed this practice quiz and are one step closer to getting certified!

Thanks again to Whizlabs Software for providing these practice questions.

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