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PMP_QA_1000_Questions Part 12
Posted by Superadmin on December 05 2018 04:19:04

PMP_QA_1000_Questions Part 12

Question 851

All of the following are sources of conflict EXCEPT:

A. Scheduling priorities

B. Ground rules

C. Personal work styles

D. Scarce resources

Answer: B

Question 852

You have been assigned to a project to build a large 30-story condominium in Las Vegas. The condominium will feature luxurious amenities like state of the art work-out facilities, conference centers, valet services, maid services, spas, gourmet dining and resort style pools.

You’ve calculated the estimated project completion date. However, the estimated completion date is 2 months after the desired completion date. After analyzing the project network diagram, you’ve determined

that many of the activities have discretionary dependencies. To decrease the project duration, you’ve requested additional resources but were told that NO additional resources are available for your project. Assuming that the project has low risks, which of the following is the BEST plan of action?

A. Reduce the quality of deliverables

B. Omit risk management activities

C. Omit a project activity

D. Perform schedule activities in parallel

E. Crash the schedule

Answer: D

Question 853

You are in the process of controlling changes to the project schedule.

All of the following are outputs of this process EXCEPT: A. Schedule baseline updates

B. Performance measurements

C. Schedule model data

D. Schedule model data updates

E. Activity list updates

Answer: C

Question 854

You would like to measure the association between tow variables.

Which of the following is NOT a measuring technique or measure you would use to do this?

A. Correlation

B. Standard deviation

C. Scatter diagram

D. Regression

Answer: B

Question 855

Which of the following best describes residual risks?

A. None of the choices are correct

B. Risks that still remain after implementing a risk response C. Risk that come about as a direct result of implementing a risk response

D. Risks that arise due to quality issues

Answer: B

Question 856

You are the project manager in the I.T department of the local university. Your current project involves developing a web-based interface for legacy student registration application.

Your current project has recently experienced a change where you have been asked to support an additional data base system, instead of current database system in use. As a result, many of the greed upon WBS elements were modified. Which type of change has occurred within your project?

A. Scope change

B. WBS update

C. Project change

D. Schedule change

E. Quality change

Answer: A

Question 857

To ensure the effectiveness of corrective actions, corrective actions frequently require which of the following?

A. Resource leveling

B. Root-cause analysis

C. Performance measurements

D. Rebaselining project schedule baseline

E. Rebaselining project cost baseline

Answer: B

Question 858

Which of the following statements are true regarding the Pareto diagrams?

A. Pareto diagram involves using mathematical techniques to forecast future outcomes based on historical results

B. Pareto diagrams use statistical measurements to identify the most important problems through different measurement scales; i.e. frequency, cost, e.t.c. and directs attention and efforts to most significant problems and/ or opportunities

C. Pareto diagram illustrate the relationship between two variables D. Pareto diagrams are created by randomly selecting random portions of a population for inspection

Answer: B

Question 859

Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company’s cash flow. Moreover, poorly invested assets were delivering inadequate returns.

Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses.

You’ve determined the following information so far: Activity X has an early start of day3, early finish of day6, and a late finish of day10.

Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 1.2 and the SPI is 1.3.

Midway through your project, your client has requested additional deliverables to your project. Fortunately, you have already determined that this functionality will only add one extra week to the critical path.

To accommodate this request, you’ve determined that you could fast-track the schedule to recover one extra week. Which of the following should you perform NEXT?

A. Consult the project sponsor before taking action

B. Investigate other options on how to implement the change requests with minimal impact to the project

C. Inform the client the impact of the change

D. Evaluate the impact of the change request on the other project constraints

E. Implement the change request

Answer: A

Question 860

Which of the following are true regarding the critical path EXCEPT: A. Critical path activities that are delayed can result in a negative float

B. A critical path can run over a dummy activity

C. Changes to the end date of the project may not require a change to the project network

D. None of the choices are correct

E. A project can have multiple critical paths

Answer: D

Question 861

Which of the following statements are FALSE regarding Project Time Management?

A. Activity resource estimating involves estimating type and qualities of resources required to perform each schedule activity B. Schedule development involves analyzing activity sequences, durations, resource requirements in order to create project schedule

C. None of the choices are correct

D. Activity sequencing involves identifying dependencies among schedule activities

E. Schedule cost involving changes to the project schedule Answer: C

Question 862

Which of the following statements are TRUE:

A. Budget updates are a special category of revised cost estimates B. Revised cost estimates are modifications to the cost information used to manage the project.

C. If cost variances are severe, rebaselining may necessary in order to provide a better measure of performance

D. The cost change control system is an input to the Cost Control process.

Answer: D

Question 863

You are project manager responsible for constructing a new sports arena for the upcoming Olympics. Construction began on a project over a year ago. The stakeholders of the project want a status report on the performance of the project to date. You’ve obtained the following measurements:

BAC=500, ETC=200, PV=500, AC=200, EV=300, CPI=1.5

Based on the measurements above, which of the following statements are TRUE?

A. The cost performance of the project is better than expected B. The schedule performance of the project is worse than expected C. The schedule performance of the project is better than expected D. The cost performance of the project is worse than expected Answer: A, B

Question 864

Which of the following statements are FALSE regarding quality audits?

A. Quality audits are used to identify lessons learned B. Quality audits are used to determine the progress of the project and identify corrective actions

C. Quality audits are used to review quality management activities D. Quality audits are tools/ techniques of the Perform Quality Control process.

Answer: D

Question 865

Project cost control includes all of the following EXCECPT: A. Recording all changes to the cost baseline

B. Inform stakeholders of approved changes

C. Influencing factors that create changes to the baseline D. Bringing expected cost overruns within acceptable limits E. Establish contingency reserves that allow for unplanned, but potentially required, changes

Answer: E

Question 866

Which of the following statements best describes the responsibility of the Change Control Board (CCB)?

A. The CCB is responsible for approving/ rejecting changes to the project charter

B. The CCB is responsible for approving/ rejecting change requests C. The CCB is responsible for approving/ rejecting changes to project schedule/ cost baseline

D. The CCB is responsible for approving/ rejecting changes to the WBS

E. The CCB is responsible for approving/ rejecting changes to project plan

Answer: B

Question 867

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

What is the CPI of the project?

A. 1.333

B. 0.75

C. 0.875

D. 1.16

D. 1.14

Answer: D

Question 868

The Estimate At Completion (EAC) can be used to forecast the most likely total project cost based upon the current project performance.

Which of the following formulas cannot be used to calculate the EAC

when current project variances are NOT typical and such variances NOT expected to continue?

A. EAC=(AC+(VAC-EV)/CPI)

B. EAC= AC+BAC+PV

C. EAC=(AC+(BAC-EV)/CPI)

D. EAC= AC+BAC-EV

E. EAC=AC + ETC

Answer: D

Question 869

Which of the following techniques may NOT be used to a project to resolve conflicts?

A. Withdrawal

B. Directing

C. Compromise

D. Forcing

Answer: B

Question 870

All of the following are part of scope baseline EXCEPT: A. Product analysis

B. WBS dictionary

C. Project scope statement

D. WBS

Answer: A

Question 871

Which of the following statements are TRUE?

A. Team building activities and general management skills are tool techniques of the Manage Project Team process

B. None of the choices are correct

C. The Develop Project Team process involves tracking team member performance, providing feedback and coordinating changes to improve project performance

D. Management of the project team is complicated when team members are accountable to both a functional manger and project manager within matrix organization

Answer: D

Question 872

Which of the following best describes a win-lose conflict resolution technique that uses formal power to command/ demand a specific solution to a problem?

A. Forcing

B. Smoothing

C. Withdrawal

D. Confrontation

E. Compromise

Answer: A

Question 873

Which of the following is the configuration management activity that is involved with capturing, storing, and accessing configuration information needed to mange products?

A. Configuration management

B. Configuration definition

C. Configuration verification and auditing

D. Configuration status accounting

E. None of the choices are correct

Answer: D

Question 874

Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak

accounting systems threaten the company’s cash flow. Moreover, poorly invested assets were delivering inadequate returns.

You’ve determined the following information so far: Activity X has an early start of day3, early finish of day6, and a late finish of day10.

Activity Y is being performed by resource that had been very difficult to obtain. The CPI of the project is 1.2 and the SPI is 0.9. Based on the information above, which of the following areas should cause the MOST concern?

A. Quality

B. Float

C. Cost

D. Schedule

E. Resources

Answer: D

Question 875

Integrated change control includes the following activities EXCEPT: A. Validated defect repair

B. Documenting impact of requested changes

C. Regulating the flow of requested changes

D. Maintaining the integrity of the baselines by releasing approved changes

E. Providing information to support status reporting

Answer: E

Question 876

Which of the following statements are FALSE regarding configuration management?

A. Configuration definition provides the basis from which the configuration of products is defined and verified, products and documents are labeled, changes are managed, and

accountability s maintained.

B. Configuration status accounting provides the basis for capturing, storing and accessing configuration information needed to manage products

C. Configuration verification and auditing provides the basis for ensuring that the performance and functional requirements defined in the configuration documentation have been met

D. The configuration management system is a subsystem of the overall project management information systems.

Answer: A

Question 877

Your project team has already created the WBS, developed estimates for the work packages, and created the project network diagram.

Which of the following should you perform NEXT?

A. Decompose the work packages into smaller components called schedule activities

B. Finalize risk management activities

C. Identify logical relationship among activities

D. Implement schedule change control system

E. Create the preliminary project schedule

Answer: E

Question 878

All of the following statements regarding quality metrics are true EXCEPT:

A. None of the choices are correct

B. Examples of quality metrics include test coverage, reliability, defect density, failure rate, and availability

C. Quality metrics are an input to the Perform Quality Assurance D. Quality metrics are an input to the Perform Quality Control E. Quality metrics are an output to the Quality Planning Answer: A

Question 879

You are presented the following schedule data regarding various project activities on a critical path:

You are told that the project has negative float of 4 months. What is the minimum amount it will cost to save four months by crashing the project?

A. 10,000

B. 8,000

C. 7,000

D. 6,000

E. 9,000

Answer: D

Question 880

Which of the following defines, the procedures by which the cost baseline may be change, including the paperwork, tracking systems, an approval levels for authorizing changes?

A. Cost baseline

B. RAM

C. Scope management plan

D. Cost change control system

E. Cost management plan

Answer: D

Question 881

Your project is nearing completion when a previously undocumented risk is identified. The risk could negatively affect the outcome of the project. Which of the following is the BEST action to perform next?

A. Create a workaround

B. Develop a risk response plan to mitigate the risk

C. Add reserves to the project to adjust for the risks D. Notify the management team about the impact of the risk E. Analyze the risk

Answer: E

Question 882

You are in the process of controlling changes to the project cost baseline. Which of the following is the LEAST helpful tool/ technique?

A. Cost aggregation

B. Forecasting, variance management

C. Performance measurement analysis

D. Cost change control system

E. Project performance reviews

Answer: A

Question 883

Which of the following statements are FALSE regarding the cost change control system?

A. Integrated change control system

B. It provides information on the project scope and cost performance, such as which budgets have been met and which are not.

C. It defines the procedures by which the cost baseline may be changes

D. It defines the approval level necessary for authorizing the changes

E. It should be integrated into the integrated change control system

Answer: B

Question 884

You are in the process of controlling changes to the project scope. All of the following are tools/ techniques you can use EXCET: A. Replanning

B. Change control system

C. Inspection

D. Configuration management system

E. Variance analysis

Answer: C

Question 885

Which of the following processes involves ensuring that risk plans are properly executed?

A. Risk monitoring and control

B. Risk response planning

C. Risk identification

D. Risk management planning

Answer: A

Question 886

All of the following statements are true regarding the configuration control board (CCB) EXCEPT:

A. A CCB has the authority to improve or reject requests B. A CCB members may include stakeholders, managers and project team members

C. A CCB is a collection of procedures that describe how to submit change requests

D. A CCB describes how change requests will be managed and tracked

Answer: C, D

Question 887

You are the project manager at a large investment bank. Your current project involves developing a creative financing solution for a large bio-tech company in order to facilitate the acquisition of another company. Specifically, your project involves issuing convertible debt securities in order to access a new pool of low-cost capital. This transaction is the largest ever convertible transaction in the bio-tech company. Unfortunately, your project is plagued by frequent changes to project charter. Who should be primary person responsible for deciding whether the changes to the project charter are necessary?

A. Project manager

B. Change control board

C. Project team

D. Project sponsor

E. Stakeholders

Answer: D

Question 888

All of the following are outputs of the Risk Monitoring and Control process EXCEPT:

A. Requested changes

B. Recommended preventive actions

C. Recommended corrective actions

D. Work performance information

E. Risk register updates

Answer: D

Question 889

With respects to the cost of quality, which of the following individuals was responsible for developing the “zero-defects” approach?

A. Deming

B. Inshikawa

C. Crosby

D. Juran

Answer: C

Question 890

Which of the following tools/ techniques of the quality planning process compares previous similar activities from a prior project to the current project activities to develop performance measurement standards?

A. Benchmarking

B. Design of experiments

C. Flowcharting

D. Benefit/ cost analysis

Answer: A

Question 891

Which of the following statements are true regarding collocation?

A. Collocation is a tool/ technique of the acquire project team process.

B. In order to be effective, collocation must take the link between project performance and reward clear and achievable.

C. Collocation involves placing project team members in the same physical location to enhance their ability to perform as a team D. Collocation is a tool/ technique of Human Resource planning process.

Answer: C

Question 892

Which of the following statements are true regarding Quality Planning and Perform Quality Assurance?

A. The quality planning process uses the tool such as benefit costs analysis, benchmarking, flow charting, and design of experiment and cost of quality

B. Quality planning involves evaluating overall project performance to ensure that the project will satisfy quality standards C. Quality planning is the totality of characteristic of an entity that bear on its ability to satisfy stated or implied needs. Quality assurance involves evaluating overall project performance to ensure that the project will satisfy quality standards D. Quality assurance involves evaluating overall project performance to ensure that the project will satisfy quality standards

Answer: D

Question 893

Which of the following statements are true regarding the Expectancy theory?

A. Hygiene factors help avoid job dissatisfaction but will not lead to job satisfaction.

B. Individuals will only put efforts into a certain behavior/ action dependent upon expectancy, valence, and instrumentality.

C. Individuals are satisfied by unsatisfied needs, and that certain lower needs to be satisfied before higher needs can be satisfied.

D. Individuals are motivated by achievement, power and affiliation.

Answer: B

Question 894

You are in the process of making information available to project stakeholders in a timely manner. Which of the following statements are true?

A. Forecasts and performance reports are outputs of this process B. Cost reporting systems and time reporting systems are tools/

techniques you can use in this process.

C. You need the communications management plan as one of the process inputs

D. You are in the Project Monitoring and Controlling process group Answer: C

Question 895

Which of the following statements are FALSE regarding contracts?

A. The major components of a contract generally include acceptance criteria, warranties, performance bonds, and disputes resolution mechanisms.

B. A contract can be in the form of simple purchase order C. A contract is mutually binding legal document

D. A project manager should be the lead negotiator on the contract.

E. A contract is an output of the Select Sellers process.

Answer: D

Question 896

The project management executing processes include all of the following EXCEPT:

A. Select sellers, cost budgeting

B. None of the choices are correct

C. Perform Quality Assurance, Develop Project Team

D. Inform distribution, Request Sellers Responses

Answer: A

Question 897

You are in the process of directing the performance of the planned project activities and managing the various technical and organizational interfaces that exist within your project. All of the following actions that you should perform in this stage EXCEPT: A. Manage risks and implement risk response activities B. Staff, train, and manage project team members assigned to project

C. Create and validate project deliverables

D. Prepare the project statement of work

E. Obtain and manage resources including tools and equipment Answer: D

Question 898

Consider the Project Integration Management knowledge area. Which of the following process are NOT included?

A. Schedule Control

B. Develop Project Management Plan

C. Close Project

D. Direct and Manage Project Execution

E. Integrated Change Control

Answer: A

Question 899

You are the project manager for the manufacturer of children’s toys.

Your project team is in the process of designing a new toy for children for next year’s Christmas season.

Your 5-members are working together for past six months and has become a complete self-directed team with little, if any management supervision required. All five members are in constant communication with each other.

How many lines of communications are their in your project team?

A. 15

B. 20

C. 10

D. 5

Answer: C

Question 900

All of the following are tools/ techniques of the develop project team process EXCEPT:

A. Conflict management

B. Team building activities

C. Recognition and rewards

D. Ground rules

E. Co-location

Answer: A

Question 901

Which of the following statements are true regarding Delphi technique?

A. Delphi technique provides a way to reach the consensus among experts and allow the experts to participate anonymously B. Delphi techniques may un-intentionally increase the data collection

C. Delphi technique requires that the participants be together in the same room.

D. The Delphi technique helps prevent anyone person from unduly influencing the outcome

Answer: A, D

Question 902

Negotiation, preassignment, and acquisition are tools and techniques of which of the following processes?

A. Acquire Project Team

B. Develop Project Team

C. Human Resource Planning

D. None of the choices are correct

Answer: A

Question 903

You are the project manager responsible for renovating a 70-year old building. You intend to hire an outside construction firm to seismic retrofit the building in order to make sure that the building can withstand the large earthquakes. The outside construction firm has requested SOW. Which of the following statements are FALSE

regarding the contract SOW?

A. The SOW contains the objectives of the project

B. The outside construction firm requires a SOW to determine whether they have the capabilities to meet the detailed specifications of the project.

C. As a buyer, you are required to write the contract SOW

D. The SOW contains a description of the seismic retrofit designs Answer: C

Question 904

You have just completed the project planning process group and you are ready to begin the project executing process group. You’ll need to perform all of the following EXCEPT:

A. Develop Project Team

B. Direct And Manage Project Execution

C. Perform Quality Assurance

D. Acquire Project Team

E. Manage Project Team

Answer: E

Question 905

You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM

(costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.

As the project comes to an end, you’ve determined that the CPI is 1.2

and SPI is 1.1. In addition, you’ve determined that the project team has added six reporting capabilities and functionalities that were overlooked in the project management plan. Upper management is very satisfied with the results of your project. Which of the following BEST describes the project’s success?

A. The project was a definite success since the project was under budget and ahead of schedule

B. The project was unsuccessful since it was gold plated C. The project was unsuccessful since the project was over project D. The project was definite success since the stakeholders were satisfied with the project results

Answer: B

Question 906

Which of the following best describes the Achievement Theory of motivation?

A. People are motivated by achievement, power and affiliation B. People are motivated by five basic, hierarchical needs C. People are motivated by hygiene factors

D. People are motivated by expectation of positive outcomes Answer: A

Question 907

In which of the following process is the qualified sellers list developed?

A. Select Sellers

B. Plan Contracting

C. Request Sellers Responses

D. Plan Purchase And Acquisition

Answer: C

Question 908

Which of the following describes an input to the direct and manage project execution process that consists of documented, authorized directions that reduce the probability of consequences associated with project risks?

A. Implement corrective actions

B. Approved corrective actions

C. Implemented corrective actions

D. Approved corrective actions

E. Implemented change requests

Answer: D

Question 909

You are in the process of obtaining the necessary human resources to complete the project. Which of the following are NOT outputs of this process?

A. Team performance assessment

B. Resource availability

C. Updates to staffing management plans

D. Project staff assignments

Answer: A

Question 910

You are a project manager for the manufacture of children’s toys. Your project team is in the process of designing a new children toy for New Year Christmas season.

With the rapidly approaching deadline, your team members are frequently arguing with each other. However, recently your team has just begun to work well together. There appears to be a sense of team cohesion and friendliness. Your team members are able to express criticisms constructively, and able to work out their differences. Which of the following stages of develop project team best describes your team?

A. Storming

B. Norming

C. Performin

D. None of the choices are correct

E. Forming

Answer: B

Question 911

You have just completed the project planning process group, and you are ready to begin the project executing process group. You’ll need to perform all of the following executing processes EXCEPT: A. Improve competencies of team members

B. Develop options to reduce risk/ threats to project objectives C. Apply quality activities to ensure that the project employs all processes required to satisfy requirements

D. Obtain human resources needed to complete project

E. Make necessary information available to stakeholders ina timely manner

Answer: B

Question 912

Which of the following are TRUE regarding Bidder conferences?

A. Bidder conferences are meeting with prospective seller after preparation of bid or a proposal

B. Bidder conferences are tool/technique of request seller response process

C. Bidder conferences are outputs of request seller response process

D. Bidder conferences involves the receipt of bids or proposals and the application of the evaluation criteria in order to select a vendor

Answer: A

Question 913

You have been recently hired to be a project manager at a bio-tech company to develop treatment for diabetes. George is the voice president of R&D. he tell you that your project is over budget and that you need to reduce salary expenses by $500K. Which type of power is George yielding in order to influence your decisions?

A. Legitimate power

B. Coercive power

C. Referent power

D. Punishment power

E. Expert power

Answer: A

Question 914

All of the following statements regarding Bidder conferences are TRUE

EXCEPT:

A. All potential sellers are given equal standing during this process B. Bidder conferences are meetings with prospective sellers prior to preparation of a bid or proposal

C. Bidder conferences are also called contractor conferences and vendor conferences

D. Bidder conferences are used to ensure that sellers have a clear understanding of the project requirements

E. Bidder conferences are tool/ technique of Select Seller Process Answer: E

Question 915

You are the project manger at a biotech company, where you are leading a cross-functional team to develop a treatment for diabetes.

The organization has a weak matrix structure, where all of your project team members report to different functional managers and none of the team member report to you directly. Your project has extremely high visibility in the company, and there is a lot of pressure on you to deliver on time and within budget.

However, you are quiet new to the company joining company just 3

weeks before. Hence you are concerned whether you’ll have necessary authority and power to complete the project deliverables. Which of the following types of powers will be MOST effective in your situation?

A. Legitimate power

B. Expert power

C. Referent power

D. Punishment power

Answer: A

Question 916

Which of the following statements are FALSE regarding quality audits?

A. Quality audits examines how the project is progressing and makes corrections

B. The objective of quality audit is to identify lessons learned C. Quality audits are generally performed after scope verification, but can also be performed in parallel with scope verification D. Quality audits are a structured review of other quality management activities

Answer: C

Question 917

You are in the process of reviewing offers and choosing among potential sellers. All of the following are tools/ techniques you can use in this process EXCEPT:

A. Method for preparing own independent estimates of costs B. Methods for estimating minimum requirements of performance for one or more evaluation criteria when selecting a prospective seller

C. Methods for quantifying quantitative data to minimize any biases when performing seller selection

D. Methods to evaluate sellers on past performance and contractual compliance

E. Methods to determine whether product can be produced by project team or purchased from external source

Answer: E

Question 918

You are the project manager for a company that sells online music.

The company is growing so well that the company has outgrown its I.T

infrastructure. In fact, the company’s current infrastructure is unable to handle the terabytes of music download each day.

As a result, the company has decided to outsource its music download infrastructure to a third party content management vendor. The content management vendor will host the compressed music files across its geographically distributed web server farms, and handle all the logistics with music file downloads and data streaming.

On your qualified sellers list, you have identified one potential vendor MusikCM. Your procurement department is conducting an independent estimate of costs of the proposals in order to compare the vendor prices. However, your procurement department has identified a large difference between the independent estimate and the proposed vendor cost. Which of the following statements are FALSE?

A. The SOW did not contain the enough detail

B. The vendor failed to respond to all the requirements specified in the proposal/ bid

C. The terms of the contract did not contain enough details D. The vendor failed to respond to all items in the SOW

E. You are currently in the request seller responses process Answer: B

Question 919

Which of the following statements are NOT true regarding corrective actions?

A. Corrective actions are outputs of processes in the controlling process group

B. Corrective action is used to bring expected future project performance in line with the project plan

C. Corrective actions are tools/ techniques of the direct and manage project execution process

D. Approved corrective actions are inputs to the direct and manage project execution process

Answer: C

Question 920

Evaluation criteria are an input to the Select Sellers process. Which of the following is LEAST likely an example of an evaluation criteria?

A. Review of supplier’s history

B. Samples of supplier’s previously produced products C. Review of supplier’s delivery performance

D. Review of procurement document package

Answer: D

Question 921

Proposals are seller prepared documents that describe the seller’s ability to provide requested services. Which of the following processes is used to elicit the proposal?

A. Request seller responses

B. Select sellers

C. Plan contracting

D. Plan purchases and acquisitions

Answer: A

Question 922

Which of the following statements are false regarding the Close Project process?

A. The close project process documents the reasons for actions taken if a project is terminated early

B. In multi-phase projects, the close project process closes out the associated activities applicable to a given project phase C. The close project process is necessary for managing the contract and relationship between the buyer and seller

D. The output of the close project includes two procedures: administrative closure procedure and contract closure procedure E. The close project process establishes the procedures to verify and document the project deliverables

Answer: C

Question 923

You are in the process of completing and selling each contract, and resolving any open items. All of the following are inputs you require EXCEPT:

A. Performance reports

B. Contract documentation

C. Contract closure procedure

D. Procurement management plan

E. Contract management plan

Answer: A

Question 924

You are the project manager at a large accounting firm in the United States. Throughout the year your firm provides both consulting services and accounting/ auditing services to XYZ Widgets, Inc, a publicly traded company listed on the New York Stock Exchange.

Currently, your project involves auditing the financial statements of XYZ Widgets Inc, in preparation for the annual shareholders/ investors meeting.

Your team has just completed the financial auditing of the firm, and recently published its findings. With this project completed, you have just been given your next project assignment. Which of the following statements are true?

A. Your project ended due to addition

B. Your project ended due to starvation

C. Your project ended due to completion

D. Your project ended due to extinction

E. Your project ended due to integration

Answer: D

Question 925

You are currently in the closing process and are involved in the product verification. Which of the following best describes the purpose of product verification?

A. To verify whether the work was completed correctly B. To verify the goals of the project and verify whether the product meets requirements

C. To evaluate the work and compares the results to the project cost baseline

D. To evaluate the work and compares the results to the project scope baseline

Answer: A