Francisco Ari
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Francisco Ari
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Project Management Concept Test Questions #1

Pregunta 1 de 50

1

You are responsible for a product development project that will result in a new high 240 kV breaker. Half way into the project your controller tells you that the production cost of the new breakers will be 27% higher than expected due to rising copper prizes and selection of copper as material for the break chamber. The deviation in the goal dimension is:

Selecciona una de las siguientes respuestas posibles:

  • Time

  • Cost

  • Scope

  • None of the dimensions

Explicación

Pregunta 2 de 50

1

You are responsible for a product development project that will result in a new high 240 kV breaker. Halfway into the project your controller tells you that the marketing cost of the new breakers will be 27% higher than expected due to rising copper prizes and selection of copper as the material for the brake chamber. The deviation in the goal dimension is:

Selecciona una de las siguientes respuestas posibles:

  • Time

  • Cost

  • Scope

  • None of the dimensions

Explicación

Pregunta 3 de 50

1

What is a time critical project?

Selecciona una de las siguientes respuestas posibles:

  • A project that has too little time to finish

  • A project that is delayed

  • A project where the end date is more important than meeting the budget or scope

  • A project that is too generously time scheduled?

Explicación

Pregunta 4 de 50

1

One of a project manager’s main tasks is establishing sufficient project control through seeing to that:

Selecciona una o más de las siguientes respuestas posibles:

  • Work is structured according to scope

  • Progress is evaluated and followed up

  • Risks are assessed

  • Scope is changed when deviations occur

Explicación

Pregunta 5 de 50

1

One major reason for failure is:

Selecciona una o más de las siguientes respuestas posibles:

  • Too many projects are carried out simultaneously

  • Uncontrolled scope changes throughout project

  • The project team has too much influence over planning

  • Too much project models make execution too rigid

Explicación

Pregunta 6 de 50

1

Utilities is one of the most project intensive industries

Selecciona una de las siguientes respuestas posibles:

  • True

  • Not enough data

  • False

Explicación

Pregunta 7 de 50

1

Healthcare Industry is one of the most project intensive industry areas

Selecciona una de las siguientes respuestas posibles:

  • True

  • Not enough data

  • False

Explicación

Pregunta 8 de 50

1

Standardized management tools & techniques are key factors for project success

Selecciona una de las siguientes respuestas posibles:

  • True

  • Not enough data

  • False

Explicación

Pregunta 9 de 50

1

What are the 4 stages of team development?

Selecciona una de las siguientes respuestas posibles:

  • Forming, Storming, Norming, Performing

  • Enthusiasm, Hope, Panic, Solution

  • Assignment, Kickoff, Training, Communicating

  • Direction, Motivation, Cooperation, Collaboration

Explicación

Pregunta 10 de 50

1

During a software project Earned Value Analysis is performed and gives the following results: EV: 523,000; PV: 623,000; AC: 643,000. Which results are correct?

Selecciona una de las siguientes respuestas posibles:

  • CV: +120,000; SV: +100,000

  • CV: +100,000; SV: +120,000

  • CV: -100,000; SV: -120,000

  • CV: -120,000; SV: -100,000

Explicación

Pregunta 11 de 50

1

Which of the following is not normally an element of the Project Charter?

Selecciona una de las siguientes respuestas posibles:

  • The formal authorization to apply organizational resources to project activities

  • Work package descriptions

  • The business need that the project was undertaken to address

  • The product description or a reference to this document

Explicación

Pregunta 12 de 50

1

Which of the following Tools and Techniques is part of Risk Management Planning?

Selecciona una de las siguientes respuestas posibles:

  • Risk planning meetings

  • Documentation reviews

  • Data precision rankings

  • Diagramming techniques

Explicación

Pregunta 13 de 50

1

In the purchasing process, which of the following is the output of Source Selection?

Selecciona una de las siguientes respuestas posibles:

  • Proposals

  • Evaluation criteria

  • Contract negotiation

  • Contract

Explicación

Pregunta 14 de 50

1

Which of the following is not considered to be part of Project Resource Management?

Selecciona una de las siguientes respuestas posibles:

  • Working staff

  • Materials

  • Equipment

  • Time and money

Explicación

Pregunta 15 de 50

1

A project manager performs Earned Value Analysis and finds the following values: EV: 100,000; PV: 125,000; AC: 100,000

Selecciona una de las siguientes respuestas posibles:

  • The project is on schedule but costs exceed budget

  • The project is on schedule and on budget

  • The project is behind schedule but on budget

  • Then project is behind schedule and costs exceed budget

Explicación

Pregunta 16 de 50

1

Which of the following is (are) preventive measure(s) for dealing with risks?

Selecciona una de las siguientes respuestas posibles:

  • Creating contingency reserves in money and time

  • Developing a plan to minimize potential impact

  • Developing a plan to minimize probability

  • All the above

  • None of the above

Explicación

Pregunta 17 de 50

1

Project costs are over budget when:

Selecciona una de las siguientes respuestas posibles:

  • CPI > 1

  • CPI < 1

  • CPI = 0

  • SPI = 1

Explicación

Pregunta 18 de 50

1

Project costs are under budget when:

Selecciona una de las siguientes respuestas posibles:

  • CPI > 1

  • CPI < 1

  • CPI = 0

  • SPI = 1

Explicación

Pregunta 19 de 50

1

Which of the following statements is not true?

Selecciona una de las siguientes respuestas posibles:

  • Cultural differences are a resource to be fully utilized

  • There is a common ground for people from different cultures on which they can interact without unsolvable conflicts

  • Cultural differences will always be an obstacle to be overcome

  • Culture is a critical lever for competitive advantage

  • All of the above

  • None of the above

Explicación

Pregunta 20 de 50

1

You are assigned as the project manager in a project with an aggressive schedule. During a recent meeting your team complained about the high pressure applied and the many hours of overwork time. What is the preferred solution to handle the problem?

Selecciona una de las siguientes respuestas posibles:

  • Try to obtain additional budget and time

  • Improve team communication and availability of high quality data on risks. Use this information to enable you to make well-founded decisions earlier

  • The problem might be the customer disturbing project rhythm. Keep him on distance from the team

  • Apply fast tracking to shorten project duration without additional work

Explicación

Pregunta 21 de 50

1

A project is managed by a project coordinator. Which of the following statements is most likely to be true?

Selecciona una de las siguientes respuestas posibles:

  • The performing organization is a weak matrix

  • The performing organization is doing "management by projects"

  • The performing organization is a strong matrix

  • The performing organization is project based

Explicación

Pregunta 22 de 50

1

Which of the following statements concerning cross-cultural differences is true?

Selecciona una de las siguientes respuestas posibles:

  • There is no one "best way" for project organization

  • Some cultures have values, some not

  • Cultural dilemmas should be denied to not allow them to disrupt project work

  • Communicating across cultures should only be done using language. The nonverbal dimension bears too many risks

Explicación

Pregunta 23 de 50

1

In a software company a large number of simultaneously performed projects utilize the same groups of human and other resources. What is the term commonly used for this situation?

Selecciona una de las siguientes respuestas posibles:

  • Concurrent engineering

  • Resource over-allocation

  • Resource pooling

  • Program management

Explicación

Pregunta 24 de 50

1

What are SMART objectives?

Selecciona una de las siguientes respuestas posibles:

  • Objectives specified with far more detail than necessary for a successful project

  • Easily achievable objectives

  • Objectives that should be achieved in order to attain formal recognition

  • Objectives that have specific, measurable, assignable, realistic, and time related specifications

Explicación

Pregunta 25 de 50

1

Which is true regarding projects?

Selecciona una de las siguientes respuestas posibles:

  • A project is a unique service undertaken to create a temporary product

  • A project is a unique endeavor undertaken to create a temporary service

  • A project is a temporary endeavor undertaken to create a unique product or service

  • A project is a temporary product undertaken to create a unique endeavor or service

Explicación

Pregunta 26 de 50

1

In making an investment in a project, investors require

Selecciona una de las siguientes respuestas posibles:

  • The direct benefits from the project to be less than the investment in the project

  • The direct benefits from the project to be equal to the investment in the project

  • The direct benefits from the project to be more than the investment in the project

  • The sum of the direct and indirect benefits from the project to be more than the investment in the project

Explicación

Pregunta 27 de 50

1

Ongoing project planning is also known as ________.

Selecciona una de las siguientes respuestas posibles:

  • Rolling wave planning

  • Buildup planning

  • Activity planning

  • Project processes

Explicación

Pregunta 28 de 50

1

A ______looks at determining if the project idea is a realistic project.

Selecciona una de las siguientes respuestas posibles:

  • Case project study

  • Feasibility study

  • Matrix study

  • Demand study

Explicación

Pregunta 29 de 50

1

[MULTI-PART QUESTION #1]
You are the project manager for a seminar and training session that approximately 2,000-2500 employees will be attending. The employees attending the training will receive compensation for the travel expenses. You have rented a hall for the seminar and purchased sufficient meals and drinks for 2500 person; however, you are unsure exactly how many people will attend. Moreover, the number of tables required will change depending on attendance. The cost of the furniture should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 30 de 50

1

[MULTI-PART QUESTION #2]
The cost of renting the hall should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 31 de 50

1

[MULTI-PART QUESTION #3]
The cost of the trainer should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 32 de 50

1

[MULTI-PART QUESTION #4]
The cost of the advertisement and invitations for the training should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 33 de 50

1

[MULTI-PART QUESTION #5]
The cost of the food for the training should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 34 de 50

1

[MULTI-PART QUESTION #6]
Your salary for the time spent preparing for the training should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 35 de 50

1

[MULTI-PART QUESTION #7]
The cost of the travel expenses compensation for the employees should be considered?

Selecciona una de las siguientes respuestas posibles:

  • Variable cost

  • Direct cost

  • Fixed cost

  • Indirect cost

Explicación

Pregunta 36 de 50

1

The most crucial time for project risk assessment is:

Selecciona una de las siguientes respuestas posibles:

  • When a problem surfaces

  • During the planning phase

  • During the close-out phase

  • After the project schedule has been published

Explicación

Pregunta 37 de 50

1

A project should be terminated for all of the following reasons except:

Selecciona una de las siguientes respuestas posibles:

  • Lack of team synergy

  • The project no longer meets the company's objectives

  • The resources are not available to complete project activities

  • Project funding has been significantly reduced

Explicación

Pregunta 38 de 50

1

In Order to ensure that all work in the project is included, the PM should

Selecciona una de las siguientes respuestas posibles:

  • Create a contingency plan

  • Create a risk management plan

  • Create a WBS

  • Create a scope statement

Explicación

Pregunta 39 de 50

1

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

Selecciona una de las siguientes respuestas posibles:

  • Weak Matrix organization

  • Balanced Matrix organization

  • Projectized organization

  • Strong Matrix organization

Explicación

Pregunta 40 de 50

1

Which of the following it the logical flow of any project?

Selecciona una de las siguientes respuestas posibles:

  • Planning, Initiating, Executing, Closing

  • Initiating, Planning, Closing, Executing

  • Initiating, Executing, Planning, Closing

  • Initiating, Planning, Executing, Closing

Explicación

Pregunta 41 de 50

1

In which phase of a project would you estimate activity duration and resources?

Selecciona una de las siguientes respuestas posibles:

  • Initiating

  • Executing

  • Planning

  • Closing

Explicación

Pregunta 42 de 50

1

Which of the following is not considered part of Maslow’s Hierarchy of Needs?

Selecciona una de las siguientes respuestas posibles:

  • Social needs

  • Safety

  • Motivation

  • Self-actualization

Explicación

Pregunta 43 de 50

1

You are managing the release of a new drug in the market. Your role is:

Selecciona una de las siguientes respuestas posibles:

  • Functional Manager, because you have good understanding functional knowledge of the pharmaceutical industry

  • Project Manager, because you are creating a unique product within specific time schedules

  • Operations Manager, because you have to do several repetitive tasks

  • Program Manager, because you have to manage several sub-projects to effectively do your job

Explicación

Pregunta 44 de 50

1

Which of the following is not true about a project?

Selecciona una de las siguientes respuestas posibles:

  • Constrained by limited resources and time

  • Planned, executed and controlled

  • Creates a unique product or service

  • May be ongoing and repetitive

Explicación

Pregunta 45 de 50

1

Your IT company is responsible for making software virus programs. You are responsible for managing both the individual product releases and the co-ordination of multiple releases over time. Your role is that of a:

Selecciona una de las siguientes respuestas posibles:

  • Functional Manager

  • Operations Manager

  • Project Manager

  • Senior Project Manager

  • Program Manager

  • Portfolio Manager

Explicación

Pregunta 46 de 50

1

Your organization is considering running a project which will entail an investment of $1,000,000. The product from the project is forecasted to create revenues of $250,000 in the first year after the end of the project and of $420,000 in each of the two following years. What should the decision be?

Selecciona una de las siguientes respuestas posibles:

  • Go ahead with the project

  • Abandon the project

  • Revise the project cost

  • None of the above

Explicación

Pregunta 47 de 50

1

You scheduled a kick-off meeting in order to announce the start of your project, present the plan and develop consensus on it. Another topic will be explanation of each team member’s role. In addition, you planned some time for discussions. You published the agenda of the kick-off meeting some weeks ago to all invited attendees. Now, short term before the event, you receive various cancellations by team members, who say that they cannot join the meeting. But they will be with you when project work will start.

Selecciona una de las siguientes respuestas posibles:

  • The kick-off meeting is secondary, you are happy if the team members will do their jobs.

  • You should insist on the presence of the team members to the appointed date.

  • If you force team members’ presence, they would anyway be distracted by their current problems.

  • It is probably a good idea to reschedule the meeting to a day, when all team members can attend.

Explicación

Pregunta 48 de 50

1

During human resource planning you identified that your team members are not sufficiently qualified for their tasks. Which may be an appropriate solution to this problem?

Selecciona una de las siguientes respuestas posibles:

  • Reduce the project scope/goal

  • Develop a training plan

  • Revise project plan and increase execution time

  • Increase employees monitoring

  • Develop intensive motivation plans for the staff.

Explicación

Pregunta 49 de 50

1

You monitored figures on cost and planned/earned value for each individual project week until the data date at the end of the sixth week. The values at the end of the Six week were: AC= $100,000, EV= $120,000, PV= $110,000. What is the status of this project at this date?

Selecciona una de las siguientes respuestas posibles:

  • The project is ahead of schedule and over budget.

  • The project is ahead of schedule and under budget.

  • The project is behind schedule and over budget.

  • The project is behind schedule and under budget.

Explicación

Pregunta 50 de 50

1

The values at the end of the Six week were: AC= $335,000, EV= $300,000, PV= $347,000. What is the status of this project at this date?

Selecciona una de las siguientes respuestas posibles:

  • The project is ahead of schedule and over budget.

  • The project is ahead of schedule and under budget.

  • The project is behind schedule and over budget.

  • The project is behind schedule and under budget.

Explicación