abdulaziz zaid
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Third 20 Q

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PMP Midterm 2 Third 20 Q

PMP Midterm 2 Third 20 Q

Question 1 of 20

1

You are negotiating a contract with a seller. You want to go in for a Fixed price type of contract. The seller uses a different terminology for the fixed price type of contract. He is most probably referring to it as a:

Select one of the following:

  • Cost-Plus-Fixed-Fee contract

  • A Time and material contract

  • Lump sum contract

  • Cost-Plus-Fee contract

Explanation

Question 2 of 20

1

Product scope is measured against the product requirements whereas project scope is measured against:

Select one of the following:

  • The WBS and WBS dictionary

  • The project scope statement and its associated WBS and WBS dictionary

  • The project requirements and WBS.

  • The acceptance criteria

Explanation

Question 3 of 20

1

A first-time project manager created a Work Breakdown Structure (WBS) where the deliverables had different levels of decomposition. What would your comment on this be?

Select one of the following:

  • This is incorrect. All deliverables need to have the same level of decomposition.

  • This is incorrect. Only deliverables under different branches can have different levels of decomposition.

  • This is fine. Different deliverables can have different levels of decomposition depending on the work involved.

  • This is fine. The focus of the WBS is not the deliverables, but the tasks involved.

Explanation

Question 4 of 20

1

On obtaining the project charter, the Project Manager of a project immediately starts acquiring the project team. Is this correct?

Select one of the following:

  • Yes. Acquisition of the project team is primarily an Initiating Process Group activity.

  • Yes. The project manager needs to get the team together as soon as the project starts.

  • No. It is the responsibility of the project sponsor to provide the team for execution.

  • No. Acquisition of the project team is primarily an Executing Process Group activity.

Explanation

Question 5 of 20

1

A project manager in a seller organization discovered that certain deliverables had been handed over to the buyer without undergoing proper testing. Recalling the deliverables will result in a cost overrun to the project. What should the project manager do in such a case?

Select one of the following:

  • Recall the deliverables even though there will be a cost overrun.

  • Terminate the project.

  • Approach management to obtain additional funding to handle the potential cost overrun.

  • Wait for the procuring organization to get back with their list of defects in the deliverables.

Explanation

Question 6 of 20

1

Jane is managing a project in a Functional organization. In this organization, she can expect to find that:

Select one of the following:

  • She wields considerable authority and can make independent decisions related to the project.

  • Management systems are designed to support projects and project management is easy.

  • Management systems are not designed to support project needs efficiently, and project management is difficult.

  • There are no barriers to communication between cross-functional teams. She is able to easily reach out to other teams without needing to go through the Functional manager.

Explanation

Question 7 of 20

1

A measure taken to bring future results in line with the project plan BEST describes?

Select one of the following:

  • Change request

  • Preventive action

  • Corrective action

  • Defect repair

Explanation

Question 8 of 20

1

A first-time project manager was assigned to a project that had a duration of 3 months. In order to gain a head start in the project, she took an older, completed project and incorporated all the tools, techniques and checklists from that project in their entirety into the current one. The older project had been completed in 14 months’ time and was very similar in nature. The most appropriate comment on this would be:

Select one of the following:

  • This is an excellent example of reuse of artifacts from prior projects.

  • This may be unnecessary. The project management team needs to decide what is appropriate for the project.

  • This is not the correct procedure. The project manager should always create processes and documents afresh for new projects.

  • This is not correct. The project manager is violating copyright and intellectual property rights of the organization’s prior customers.

Explanation

Question 9 of 20

1

Your project team has recently identified a risk in the software development project and decided not to change the project management plan to deal with the risk. The risk response strategy your team used in this scenario is an example of:

Select one of the following:

  • Mitigate

  • Transfer

  • Avoid

  • Acceptance

Explanation

Question 10 of 20

1

Which of the following should you NOT use as an input into creating the WBS structure?

Select one of the following:

  • Bill of Material (BOM)

  • Project scope statement

  • Organizational process assets

  • Requirements documentation

Explanation

Question 11 of 20

1

You have just completed the first phase of a multi-phase project. You have performed the earned value measurements and found out that the current CPI is 0.79, the current SPI is 0.98. Your next phase plan should focus first on which element of the project?

Select one of the following:

  • Quality

  • Resources

  • Schedule

  • Cost

Explanation

Question 12 of 20

1

A detailed milestone list is created as an output of what process?

Select one of the following:

  • Sequence Activities

  • Define Activities

  • Develop Project Charter

  • Develop Schedule

Explanation

Question 13 of 20

1

Which of the following is not a general management technique used to generate different approaches to execute and perform the project work?

Select one of the following:

  • Lateral thinking

  • Analysis of alternatives

  • Map Out

  • Brainstorming

Explanation

Question 14 of 20

1

You have been assigned as project manager of a software development project. One of the requirements is to use a remote team and you find that that the remote team has limited technical communications capabilities. This is an example of:

Select one of the following:

  • An assumption

  • A hindrance

  • A show-stopper

  • A constraint

Explanation

Question 15 of 20

1

Breaking down project activities into smaller components in order to obtain a more accurate cost
estimate is called:

Select one of the following:

  • Work breakdown structure

  • Analogous estimating

  • Decomposition

  • Bottom-up estimating

Explanation

Question 16 of 20

1

Most project management software packages use a method of constructing a project schedule network diagram known as:

Select one of the following:

  • Activity Diagramming Method

  • Precedence Diagramming Method

  • Project Diagramming Method

  • Critical Diagramming Method

Explanation

Question 17 of 20

1

A project manager included contingency reserves and management reserves in the total budget of a high-risk project. He also made certain earned value measurement calculations. Which of the following is incorrect?

Select one of the following:

  • Contingency reserves are not part of the project cost baseline.

  • Management reserves are not part of the project cost baseline.

  • The project manager needs to get approval before spending management reserve.

  • Reserves are usually included in the total budget of a project

Explanation

Question 18 of 20

1

Alan is managing a software development project. The buyer of the product is an external entity. During the execution of the project, Alan finds out that a new operations manager has been hired in the customer organization. The new manager is now a key stakeholder of the project. Which of the following documents is least likely to get updated as a result of the addition of this new stakeholder?

Select one of the following:

  • Stakeholder register

  • Risk register

  • Stakeholder management plan

  • Issue log

Explanation

Question 19 of 20

1

Your manager is presenting a status report of all projects being run in his division. He reports that all projects are showing a positive CV. However, you know that your status reports for the last several weeks have been reporting a negative CV. What do you do?

Select one of the following:

  • Do nothing.

  • Offer to review all your manager’s combined status reports before he presents them.

  • Notify the appropriate management immediately.

  • Ask your manager if that information was simply a typographical error.

Explanation

Question 20 of 20

1

As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes, conduct more tests and choose a more stable supplier. What strategy would this be classified as?

Select one of the following:

  • Acceptance

  • Transference

  • Mitigation

  • Avoidance

Explanation

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