PMP_QA_1000_Questions Part 11

 

 

Question 776

You are in the process of numerically analyzing the effects of identified risks. Which of the following is the LEAST helpful input?

A. Risk register

B. Risk management plan

C. Project schedule management plan

D. Project scope statement

E. Risk related contractual agreements

Answer: E

Question 777

You are the project manger at a software company developing the next-gen web application server. As software development can be very chaotic, your company has elected to follow the more rigorous approach to software development. Specifically, your company has chosen to adopt the Rational Unified Process (RUP) for your current software project.

The RUP methodology is highly iterative and produces numerous deliverables include UML diagrams, architecture diagrams, prototypes, and test-cases. You have just produced your activity duration estimates and updated your activity attributes. Which process have you just finished?

A. Activity sequencing

B. Activity duration estimation

C. Schedule development

D. Activity definition

Answer: B

Question 778

Which of the following processes involves analyzing activity sequences, activity duration, and resource requirements, to develop the project schedule?

A. Activity sequencing

B. Schedule development

C. Scope definition

D. Activity duration estimation

E. Activity definition

Answer: B

Question 779

All of the following are constraints that can limit flexibility in human resource planning EXCEPT:

A. Templates and checklists

B. Organizational structure

C. Economic conditions

D. Collective bargaining agreements

Answer: A

Question 780

Which of the following statements is true regarding PDM (precedence diagramming techniques)?

A. PDM often uses the start-to-start relationship

B. PDM often uses the finish-to-start relationship

C. PDM often uses the finish-to-finish relationship

D. PDM often uses the start-to-finish relationship

Answer: B

Question 781

You are involved in monitoring specific project results to determine whether they comply with relevant quality standards. You are suing the control chart to illustrate how the process is behaving over time. 

You have constructed your control chart and that all data points are within upper and lower control limits of chart. In addition, seven consecutive data points re observed, to be on one side of the mean. 

Which of the following is your BEST plan of action?

A. Compare results from the last quality management plan B. No additional action is needed, as the process is within control C. Adjust the mean based on the observed data points

D. Identify the special cause variation

Answer: D

Question 782

Which of the following are the part of WBS dictionary except: A. Statement of work to be performed

B. Code of account identified

C. Activity attributes

D. Who is responsible for the work

E. Schedule milestone

Answer: C

Question 783

Which of the following are not the direct result of managing the team?

A. Updating and staffing the management plan 

B. Developing input to performance appraisals

C. Recording the lessons learned

D. Identifying the recourse requirements E. Submitting change request and resolving issues

Answer: D

Question 784

Procurements audits are a tool/ technique of which of the following processes?

A. Request Seller Responses

B. Select Sellers

C. Plan Purchases And Acquisition

D. Contract Closure

E. Contract Administration

Answer: D

Question 785

Which of the following processes is involved with identifying which quality standards are relevant to the project and devising a plan on how to meet / satisfy these standards?

A. Perform quality control

B. None of the choices are correct

C. Quality planning 

D. Perform quality assurance

Answer: C

Question 786

You are a project manager for a company that sells online music. Your project is to develop new content management system that will not only manage all users purchases and downloads but will automatically learn the users music interest to make future product recommendation. In addition your content management system must scale to support millions of current music downloads a day.

Your team has made a significant progress on the project. You are preparing the performance of the project to date and have calculated the following measurement:

PV=4000, EV=3500, AC=3000

Which of the following statement are true?

A. CV is positive number that implies that your project is under budget

B. CV is a negative number which implies that your project is over budget

C. EAC is negative number which implies that you are spending more than originally budgeted

D. EAC is a positive number that implies that you are spending more than originally budgeted

Answer: A

Question 787

The contract management plan is an output of which process?

A. Plan contracting

B. Request sellers

C. Plan purchases and acquisitions

D. Select sellers

E. Contract administration

Answer: D

Question 788

The Preliminary Scope Statement which is and output of the Develop Preliminary Project Scope Statement process, is an input to all of the following EXCEPT:

A. Scope verification

B. Develop project management plan

C. Scope planning

D. Scope definition

Answer: A

Question 789

Dennis works for an international manufacturer for consumer electronics. He has been recently assigned to supervise and manage the manufacturing of a new model of flat-screen televisions. His supervisor congratulates Dennis on his expanded responsibilities.

He informs Dennis that his new assignment will have the 1000 units of the new flat screen manufactured by September. Before Dennis begins manufacturing these new units he needs to determine the characteristics of his new product line, such as screen size, color, resolution e.t.c. which of the following tasks must Dennis perform prior to manufacturing the product? 

A. Fast-track the project—begin manufacturing the product while the requirements are clarified

B. Submit a RFP to get the detailed requirements

C. Consult the supervisor for the detailed requirements D. Progressive elaborations

E. Submit a RFQ to get the detailed requirements Answer: D

Question 790

In which of the following project management process group can stakeholders be identified?

A. Planning, monitoring and controlling

B. Initiating, planning, executing, monitoring and control and closing

C. Initiating, planning and executing

D. Initiating only

E. Initiating and planning

Answer: B

Question 791

According to the PMI, which of the following best describes the differences between programs and projects?

A. Programs are used to describe projects in a strong matrix organization

B. Programs are group of project managed together managed together

C. There is no difference between program and project. These terms are interchangeable

D. Programs are ongoing operations while projects are temporary and unique

Answer: B

Question 792

Which of the following best determines the amount of authority a project manager will have during a project?

A. The project manager’s negotiating skills and communication skills

B. The priority and importance of the project within the organization

C. Organizational structure

D. The amount of authority a specified in the project charter.

Answer: C

Question 793

Which of the following best describes the following organizational structure?

A. Strong Matrix Org

B. Balanced Matrix Org

C. Weak Matrix Org

D. Projectized Org

E. Functional Org

Answer: E

Question 794

You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly.

To keep up with the demands you have been assigned with the responsibility of upgrading company’s network and computing infrastructure. You planned to purchase a new high-end mainframe server. The new server will cost $150,000 and can be used for 10 

years. After 2 years the resale value of mainframes will be $100,000. 

After 5 years the resale value of server will be $75,000. After 7 years the resale value of server will be $30,000. After 10 years, the server will be obsolete.

What is the annual depreciation expense for this server if you use straight-line depreciation?

A. None of the choices are correct

B. 25,000

C. 150,000

D. 5,000

E. 15,000

Answer: E

Question 795

You are the project manager at Happy Coffee Café, a rapidly growing franchise selling premium blended coffee. Currently your company is planning on opening additional stores throughout Europe. Your company is evaluating different areas of expansion, including, France, Germany and England.

You intend to use NPV (net present value) analysis to evaluate which area provides the base opportunity for expansion. Which of the following statements are true regarding NPV calculations?

A. None of the statements are true

B. If the NPV value is greater than zero, the project is unfavorable C.  If the NPV value is less than zero, the project is favorable D. NPV assumes that the cost of capital is based on LIBOR 

E. NPV is the discount rate when IRR is equal to zero Answer: A

Question 796

You are a project manager at a historic Shoppe, a rapidly growing bookstore selling hard to find books and periodicals. Currently your company is planning on opening additional stores throughout the United States. Your primary market includes densely populated, major metropolitan cities.

Your company is deciding among New York, Los Angeles, and Seattle. 

Based on data which project should be recommended using the discounted cash flow technique?

Project New York makes $100,000 in 2 years

Project Los Angeles makes $110,000 in 3 years

Project Seattle makes $120,000 in 4 years

Assume that the cost of capital is 8%

A. Project New York since it yields the highest value B. Project Los Angeles since it yields the highest value C. Project Seattle since it yields the highest value

D. Project Seattle since it yields the highest total cash flow Answer: C

Question 797

You are the project manager at information technology division of a large health care provider in the United States. Due to the new regulatory requirements enacted by HIPAA to ensure the privacy of confidential medical records, you have been assigned to audit all I.T. 

system to ensure compliance.

You need to ensure that all the data in database is encrypted to ensure confidentially. You need to ensure that all the users are properly authenticated and authorization to confidential information follows the least privilege principle.

The deadline to ensure the compliance with HIPAA regulations is within 120 days. Failing to complete the project in 120 days will result fine to your organization. You have been given a budget of $500,000 dollars. 

Due to the overall budget cuts this year, you have been told that the budget is $500,000 and cannot exceed from this. Which are the primary constraints for the project?

A. Scope

B. Schedule

C. Budget

D. Quality

Answer: B

Question 798

You are a part of project software team responsible for developing a new CRM software application. The project has been ongoing for the past several months. A few members of the project team are currently discussing introducing a significant change to one of the major work packages. After discussions you received a message from the vice president of engineering informing you of the project changes, and are asked to complete the necessary paperwork in order to process the change. This is an example of:

A. A project expediter role

B. A configuration management system

C. Managing stakeholder need

D. Management by objectives

E. A change control system

Answer: A

Question 799

According to PMI, application areas are categories of projects that have been common elements in the majority of projects, but are not 

necessarily required or applicable to all projects. Application areas are not usually defined in terms of:

A. Technical elements

B. Functional departments

C. Supporting disciplines

D. Project phases

Answer: D

Question 800

Your company manufactures memory chips for workstation computer. 

Your project involves manufacturing a very high capacity memory chip. 128GB. You have worked on he same project two year ago to manufacture low capacity memory chip.2GB.

You are in the DEVELOP THE PROJECT CHARTER process. Which of the following inputs is least helpful?

A. Organizational process assets, standardized guidelines and performance measurement criteria’s

B. Historical information on the previous project manufacturing 2GB 

capacity chip. This information could be helpful since this new project is similar in nature.

C. Enterprise environmental factors, such as stakeholders risk tolerances and marketplace condition

D. The project constraints and assumptions to make sure that the any significant project risk can be identified and mitigated E. The project’s preliminary scope statement that document the characteristic of the project

Answer: E

Question 801

You are the project manager fro the large children’s toy manufacturer. 

You have been asked to manufacture the latest craze in “Dancing Widgets” for upcoming Christmas season. You’ve been informed that the company needs at least one month lead time in order to have Widgets on retailer’s shelves for Christmas season. Hence, based on the current sales forecast you’ve been asked to deliver 100,000 units by November 1st at the least. Since the toys will be used by young children, the “Dancing Widgets” must be manufactured to meet very specific safety specifications.

Your company drives 90% of if its revenue from sales generated during the Christmas holiday season. As a result, you have been given a budget of $15 million dollars to complete this project. Which of the following is the primary constraint for this project?

A. Risks, since the widgets must be manufactured to meet very specific safety specifications

B. Time, since the delivery cannot be changed

C. Scope, since the forecast for 100,000 units may change once manufacturing begins.

D. Cost, since your budget has been fixed at $15 million Answer: B

Question 802

Which of the following statements are true?

A. Changes to product scope and defined in the integrated change control plan

B. Changes to product scope are a result of implementing corrective actions

C. Workaorounds are used to correct problems that occur with changes in the project scope

D. Changes to the product scope should be reflected in the project scope

Answer: D

Question 803

You’ve been hired as manager to design and construct a new casino in Las Vegas, over the next 18 months. Given the size of the project and the abbreviated time frame, you are attempting to identify ways to reduce the timeframes for many of various tasks. You’ve developed the WBS and created a Gantt chart using specialized scheduling software.

After analyzing the data, you’ve discovered several opportunities where tasks and phases may be overlapped in order to save time. This is an example of:

A. Progressive elaboration

B. Resource elaboration

C. Fast tracking

D. Crashing and schedule

Answer: C

Question 804

Your company manufactures memory chips for workstation computers. 

Your current project involves manufacturing a very high capacity memory chip (128GB). You worked on the same project three years ago to manufacture a lower capacity memory chip (2GB). You’ve 

received a project charter from your supervisor. Which of the following statements are FALSE?

A. None of the choices are correct

B. The project charter should describe the summary budget for the project

C. The project charter does not provide you with functional power over various departments

D. The project charter should describe the summary milestone schedule for the project

E. The project charter grants you the authority to begin assigning resources to the project

Answer: A

Question 805

During which phase of the project lifecycle is the level of risk and uncertainty is highest?

A. Closing

B. Controlling

C. Initiating

D. Executing

E. Planning

Answer: C

Question 806

Which of the following are not inputs to the develop preliminary project scope statement?

A. Project management plan

B. Organizational process asset 

C. Enterprise environmental factors

D. Project charter

E. Project statement of work

Answer: A

Question 807

You are the Chief Technology Officer of a major stock exchange. You have just completed the WBS, and WBS dictionary with respects to reengineer the organization’s back office accounting, billing, and administrative systems. Which of the following is the BEST NEXT plan of action?

A. Develop the activity lists

B. Identify the projects stakeholders

C. Begin completing the work packages D. Complete risk management activities

E. Perform scope verification

Answer: A

Question 808

The project charter, either directly, or by reference to other documents, should address all of the following EXCEPT: A. Internal/ external project constraints

B. Summary budget

C. Resource calendar

D. Summary milestone schedule

E. Stakeholder influence

Answer: C

Question 809

You are the project manager at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternative forms of energy. You have just completed the project Scope Planning process and created the Scope management plan. 

However, upon review, you have determined that the resulting  project scope management plan is ambiguous and poorly written. A poorly written project scope management plan will directly impact all of the following EXCEPT:

A. Ability to define, prepare and integrate, all subsidiary plan, into the project management plan

B. Ability to formalize acceptance of the project deliverables C. Ability to create a detailed project scope statement as the basis for future project decisions.

D. Ability to control changes to the project scope

E. Ability to identify the necessary activities that needs to be performed to produce project deliverables

Answer: A

Question 810

You are the project manager at Day-Old donuts a rapidly growing franchise selling premium donuts at a discount. Currently, your company is planning on opening additional stores throughout Europe.

Your company is evaluating different areas for expansion including France, Germany and England. Your steering committee used a weighted score model and found that in England with a score of 75, 

provided the best opportunities for expansion. Which of the following statements are true?

A. Weighted scoring models are constrained optimization method, and is tool/ technique of the initiation process group B. Weighted scoring models are benefit measurement method, and is input to the initiation process group

C. Weighted scoring models are constrained optimization method, and is an input  to the initiation process group

D. Weighted scoring models are benefit measurement method, and is tool/ technique of the initiation process group

Answer: D

Question 811

Projects are typically authorized as a result of one or more of the following needs:

A. All choices are correct

B. Customer requests

C. Legal requirements

D. Technological advance

E. Social needs

Answer: A

Question 812

Which of the following best describes progressive elaboration?

A. Process of soliciting proposals from prospective sellers and vendors

B. None of the choices are correct

C. Process of identifying the characteristics of products D. Process of starting a new task prior to the completion of current project tasks

Answer: C

Question 813

You are in the process of directing the performance of planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following are outputs of this process EXCEPT:

A. Final product, service or result

B. Implemented defect repair, work performance information C. Requested changes, implemented change request

D. Deliverables

E. Implemented corrective actions, implemented preventive actions Answer: A

Question 814

Which of the following statements are TRUE regarding comparative methods, scoring method, and cash flow analysis?

A. These are included as part of the product description B. These are project selection criteria

C. These are considered as expert judgment

D. These are outputs of the initiating process group

E. These are project selection methods

Answer: E

Question 815

You are the project manager within an information technology department of a retailer. In order to allow for better real-tracking, in inventory control, and supply chain management, your company in financing a project a project to install and deploy RFID on all items of merchandise. As the project manager you’re in select sellers process, and   have 4 different vendors on your qualified sellers list. One of the vendors on your list has invited you to lunch. What should you do?

A. You can accept the invitation, as there shouldn’t conflict of interest with this invitation.

B. You should decline the invitation, as this may give an appearance of a conflict of interest.

C. You should decline the invitation, as you have not selected a vendor yet. This may give an unfair advantage to the seller.

D. You should decline the invitation, as this may give appearance of impropriety.

Answer: A

Question: 816

You are the project manager within an information technology department of a large retailer In order to allow for better real-tracking, in inventory control, and supply chain management, in inventory control, and supply chain management, your company in financing a project to install and to install and deploy RFID on all items of merchandise. As the project manager, you’ve just completed the select sellers’ process, and selected a vendor to perfume the RFID installation and deployment.

After the contract is singed with the vendor, the account manager from the vendor calls to thank you for selected them. As a thank-you gift, they’ll be sending you round-trip ticket to Hawaii for you and your family. How should you respond?

A. You should not accept the gift, unless the vendor is willing to extend this gift to other members of the project team B. You should not accept the gift, as it may give an appearance of impropriety.

C. You should freely accept the gift, as long as you tell the vendor to give you a gift privately.

D. You can freely accept the gift, since you were not aware of the gift during the selection process. The gift did not decision, and hence, there is no impropriety.

Answer: B

Question: 817

Michael works as a project manager at the construction company development a suspension bridge for the city of Chicago. He has asked the couple of his team-mates to return to the warehouse to pick up additional supplies. The ware is close to where Michael lives, so he has asked his team-mates to also stop by his home to help clean the debris from his driveway. Is Michael’s behavior the PMI code of ethics?

A. Michael is not in violation since Michael is just trying to utilize his resources in the most efficient manner possible

B. Michael is not in violation since there is no conflicts of interests in his action

C. Michael is in violation since he is inappropriately using resources for his own personal benefit

D. Michael is not in violation since the primary reason for the trip is work-relater. The secondary requests do not take much time or resources

Answer: C

Question: 818

You are project manager at a construction company who is working in a foreign country to perform reconstruction work for various infrastructure and utility services, including water, sewage, and electricity. You’ve been in the foreign country for a couple of week, and are beginning to feel disoriented. Which of the following best describes your experiences?

A. Cultural disorientation

B. Post-traumatic

C. Exhaustion

D. Geographic shock

E. Culture shock

Answer: E

Question: 819

One of key activities for achieving customer satisfaction is to define the:

A. Project status

B. Business use

C. Change control

D. Quality metrics

E. Requirements

Answer: E

Question: 820

You are a contract project manager within an information technology department of a large retailer. You are responsible for developing a new e-commerce web-site for the retailer. You are in the process of selecting the vendor who will provide the hardware including computer servers and networking equipment. As the project manager, you are in the select sellers process and have three vendors on your qualified sellers list who have responded to your company’s RFP. 

One of the vendors remaining on the qualified sellers list is NetComp. 

Although you have no financial interests in this company, one of your friends Dennis is an investor of this company. Is there a conflict of interest in this situation?

A. Because of your friendship with Dennis a conflict of interests exists that must be disclosed immediately.

B. Depending on the depth of friendship with Dennis, a conflict of interest could exist.

C. In order to protect your privacy, you only have to disclose your relationship with NetComp Inc. if you are directly questioned D. Since neither you nor your family members have any financial interest in the company, there is no conflict of interest Answer: D

Question 821

Which of the following is used to maintain an index of contract documents and correspondence, and assist with retrieving and archiving contracts documentation?

A. configuration management system

B. contract management system

C. record management system

D. PMIS

E. Payment system

Answer: C

Question 822

Which of the following are tools to contract closure process?

A. Contract documentation

B. Performance reporting

C. Project report

D. Procurement audit

E. Contract file

Answer: D

Question 823

You are a project manager at a large accounting firm in United States. 

Throughout the year your firm provides both consulting services and accounting services to XYZ widgets, inc, a publicity traded company listed on a New York stock exchange. Currently your project involves auditing and financial statements to XYZ widgets, in the preparation of annual shareholders meeting.

Your team has just completed the financial auditing of the firm, and recently published its finding. You have performed this project under contact and are in the contract closure process. Which of the following should you document as a part of contract closure process?

A. Formal deliverable acceptance

B. Performance measurement

C. Requested contract changes

D. Payment schedules and request

Answer: A

Question 824

Which of the following project management areas contains the manage stakeholders process?

A. Project communication management

B. Project time management

C. Project integration management

D. Project scope management

E. Project procurement management

Answer: A

Question 825

Which of the following are inputs to the close project process except: A. Deliverables

B. Final product, service or result

C. Work performance information

D. Project management plan

E. Contract documentation

Answer: B

Question 826

Which of the following best describes the complete set of indexed contract documentation, including the closed contract, for inclusion with the final project file?

A. Lessons learned documentation

B. Contract file

C. Procurement audits

D. Contract closure procedure

E. Contract management plan

Answer: B

Question 827

Which of the following are not considered as enterprise environmental factor?

A. Stakeholder risk tolerance

B. Organization communication requirements

C. Marketplace condition

D. Work authorization system

E. Existing human resource

Answer: B

Question 828

You have been hired as a project manger for a local community college. The community college wants you to design and develop a custom student registration web site, so that student can select and register for their classes online.

Your project is nearly complete. However near the end of the project your team experienced some technical difficulties that caused cost 

overrun and schedule delays. This information may be useful in future projects in all of the following activities except:

A. Create WBS

B. Product verification

C. Cost estimating

D. Activity estimating

Answer: B

Question 829

According to the PMI which of the following is considered as a special case of contract closure?

A. Contract fraud

B. Contract default

C. Contractual non performance

D. Early termination of contract

E. Contract bankruptcy

Answer: D

Question 830

Earned value analysis is performance reporting tools used in manage stakeholder process. Which of the following measurement should be used as a performance measurement baseline?

A. SPI

B. PV

C. AC

D. CPI

E. EV

Answer: B

Question 831

Which of the following statements are true regarding project ending?

A. Starvations occur when the resources (personal, equipment, property e.t.c)of the project are reassigned to the other areas within the organization or other places

B. Extinction occur when the project end because it was completed successfully and accepted by stakeholders

C. Subtraction occurs when resources are removed from the project, such as due to funding/ resource cuts

D. Integration occurs when the project revolves into ongoing operation 

Answer: B

Question 832

You r the project manager at a large accounting firm in the United States. Throughout the year your firms provides both the consulting services and accounting/auditing services to XYZ Widgets, Inc, a publicity traded company listed on a New York stock exchange. 

Currently your project involves auditing and financial statements to XYZ widgets, in the preparation of annual shareholders meeting.

While your team is in the midst of project execution, you are informed that your project is cancelled due to new SEC regulations. Specially a new SEC rule prohibits accounting firm from providing both auditing services and consulting services to the client, due to the potential conflicts of interest that could rise from such business relationship.

As a result your project is cancelled and budget for your project is cut. 

For necessary budget your project team is banned and your project members go their separate ways. Which of the following types of project ending is this considered?

A. Addition

B. Extinction

C. Integration

D. Cancellation

E. Starvation

Answer: E

Question 833

Which of the following establishes the procedure to perform product verification, update contract records to reflect final results and archive information for future use?

A. Formal acceptance documentation

B. Contract closure procedure

C. Project files

D. Administrative closure procedure

Answer: B

Question 834

Which of the following statements are false regarding contract closure procedure?

A. The contract closure procedure is an output of closure project process

B. None of the choices are correct

C. The contract closure procedure involves both product verification and administrative closure

D. The contract closure procedure is an input of closure project process

E. The contract terms and conditions may prescribes specification for contract closure

Answer: B

Question 835

You are the project manager within an information technology department of a large retailer. In order to allow for better real-time tracking, inventory control, and supply chain management, your company is financing a project to install and deploy RFID tags on all items of merchandise. As a project manger, you’ve just completed the Select Sellers process, and selected a vendor to perform the RFID 

installation and deployment.

After the contract is assigned with the vendor, the account manager from the vendor calls for thank you for selecting them. As a thank-you gift, they would like to give you and your project team tickets to a free dinner convention, where the vendor will be providing a demo if their latest RFID systems. How should you respond?

A. Since the previous project manager had accepted the gift, the precedent has already been established within the organization. 

Hence, you can freely accept the gift.

B. You can freely accept the gift, since you were not aware of the gift during the selection process. The gift will not influence your decisions, and hence, there is no impropriety

C. You should not accept the gift, unless the vendor is willing to extend this gift to other members of the project team D. You should not accept the gift, as it may have an appearance of impropriety

Answer: D

Question 836

You are the project manager at a large automaker in Japan. Your project involves designing the next generation 4-wheel drive Sport Utility vehicle for the Asian market. A new fuel efficient engine design is required as part of your project. Unfortunately, your project team 

did not have the necessary expertise to design and manufacture a new fuel-efficient engine. 

Hence, your company plans has decided to subcontract all the engine designs an outside manufacturer in Europe. During your initial visits to European partners, you were presented with an expensive gift. You were told that this is local custom to give such gifts to business partners to during their visits. What should you do?

A. Since the gift will not influence your future decisions, you can accept the gift as there is no conflict or interest

B. Since accepting the gift may give the appearance of impropriety you should decline the gift outright

C. Accept the gift so as not to offend anyone. However, report the gift to appropriate parties at your company so that you do not give the appearance of impropriety

D. Explain that the gift may be constructed as a conflict of interest and hence you cannot accept the gift

Answer: C

Question 837

You are the project manager within and information technology department of a large retailer. You are responsible for updating the network infrastructure of the company. As a project manager, you are in the Select Sellers process, and have four different vendors on your qualified sellers list. 

One of the vendors on your list has invited you to lunch to a very high-class and expensive restaurant. In fact, a meal can cost anywhere from $500-$1000 USD. What should you do?

A. You should review your company’s policy on the type of gifts you can accept

B. You can accept the invitation, as there shouldn’t conflict of interest with this invitation

C. You can accept the invitation, since such lunch invitations are generally okay, regardless of how expensive the meal is.

D. You should decline the invitation, as this may give appearance of impropriety

E. You should decline the invitation, as you have not selected a vendor yet. This may give an unfair advantage to the seller Answer: A

Question 838

Michael works as a project manager at a construction company developing a new 150 story sky-scraper. He has asked a couple of his 

team members to return to warehouse to pick additional supplies. 

Since one of his team members is an expert electrician and since warehouse is close to where the Michael lives, he has asked his team mates to also stop by his house to fix some very minor electrical problems in his house. Is Michael behavior violating the PMI code of ethics?

A. Michael is not violating since the primary reason for the trip is work-related. The secondary request do not take much time or resources.

B. Michael is not in violation since there is no conflicts of interests in his actions

C. Michael is not in violation since Michael is just trying to utilize his resources in the most efficient manner possible

D. Michael is in violation since he is inappropriately using resources for his own personal benefit

Answer: D

Question 839

You are the project manager within an information technology department of a large retailer In order to allow for better real-tracking, in inventory control, and supply chain management, in inventory control, and supply chain management, your company in financing a project to install and to install and deploy RFID on all items of merchandise. As the project manager, you’ve just completed the select sellers’ process, and selected 5 different vendors on your qualified sellers list who has responded to your company’s RFP.

One of the vendors remaining the qualified sellers list is RFID-PM Inc. 

although you have no financial interest in this company, one of yours old high school buddies, Terence, sits on the board of directors of this company. Is there a conflict of interest in this situation?

A. Depending on the depth of your friendship with Terence, a conflict of interest could exist

B. In order to protect your privacy, you only have to disclose your relationship with RFID-PM, Inc. if you are directly questioned C. Since neither you nor your family members has any financial interests in this company there is no conflict of interest D. Because of your friendship with Terence, a conflict of interest exist that must be disclosed immediately

Answer: C

Question 840

You have determined that a design error will interface with meeting technical performance objectives. Which of the following is the preferred response in this situation?

A. Simplify the overall technical complexity of the project B. Develop alternative solutions to address the problem C. Ignore the error and set new performance objectives D. Reduce performance objectives to be equal to the current assessed value

Answer: B

Question 841

Which of the following tool/ technique are unplanned responses to risks that were previously unidentified?

A. Workarounds

B. Corrective actions

C. Risk database

D. Project risk reviews

E. Risk response audits

Answer: A

Question 842

Which of the following statements are true regrinding issue logs?

A. Issue logs describe the ground rules and conflict management procedures to manage the project.

B. Issue logs are written logs that address the roles and responsibilities of each project team member.

C. Issue logs are tool/ technique of the Manage Project Team process and Manage Stakeholders process.

D. Issue logs are a graphic display of project team members and their reporting relationships.

Answer: C

Question 843

The Monitor and Control Project Work process is performed to monitor project processes and performance. Which of the following are you LEAST concerned with during this process?

A. Maintaining the integrity of baselines by releasing only approved changes

B. Providing information to support status reporting

C. Analyzing and tracking project risks

D. Assessing performance to determine whether corrective actions are necessary

E. Comparing actual performance against project management plan Answer: A

Question 844

Which of the following are not tools/ techniques of Manage Stakeholders process?

A. Communications method

B. Status review meetings

C. None of the choices are correct

D. Issue logs

Answer: B

Question 845

You are in the process of monitoring the various project processes and their performance. Which of the following is the LEAST appropriate output of this process?

A. Recommended defect repair

B. Recommended preventive actions

C. Recommended corrective actions

D. Forecasts

E. Project management plan updates

Answer: E

Question 846

Your friend is a project manager at a real estate company that develops and manages commercial, retail and residential properties in United States and Europe. As a company continues to grow, the company’s IT infrastructure is unable to meet business needs of organization.

Hence she has been assigned to upgrade the company’s IT 

infrastructure. Specifically, her team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop a lease tracking system, and implement HR and payroll systems and perform diagnostics and monthly closures.

Her project team has already completed all the initiating / project planning activities and received sign-off/ approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages.

However, she has just received a change request to add additional reporting functionality to the project deliverables. She calls a meeting of her project team to determine how to proceed with the change. This is an example of which of the following?

A. Proper integrated change control

B. Lack of change control system

C. Inadequate levels of decomposition of work packages D. Management by objectives

E. Team consensus building

Answer: B

Question 847

Which of the following forecasts the most likely total project costs based on the current project performance to date?

A. CV

B. VAC

C. EV

D. SV

E. EAC

Answer: E

Question 848

You are in the process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:

A. Project management plan updates

B. Performance reports

C. Recommended corrective actions

D. Scope baseline updates

E. Requested changes

Answer: B

Question 849

You are the project manager at a manufacturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years, the Internet has transformed the competitive landscape. As a result company’s market share has been eroding.

Hence, your current project involves implementing the company’s internet strategies to best exploit these altered dynamics and increase the company’s market share. You are in the project planning process, and are personally estimating the time needed for each activity. Once 

you’ve created the overall project estimate. You commit to completing the project deliverables to this date. Which of the following BEST 

explains why this is the INCORRECT way to estimate the schedule?

A. The project sponsor should have been actively involved in producing the estimates

B. The estimates should have come form the project team members

C. The estimates should have been created by management D. The estimate should have accounted for the market dynamics and timing requirements

Answer: B

Question 850

Which of the following statements are TRUE regarding the scope verification statement?

A. Scope verification involves evaluating overall project performance to ensure that the project will satisfy specified project requirements

B. None of the statements are true

C. Scope verification is primarily concerned with verifying the correctness of work results

D. The tool/ technique of scope verification is inspection Answer: D